Enter your average income below to estimate applicable free-cash in all major European cities. By free-cash we mean your disposable income, left in your pocket after paying tax, rent, insurance, public transport, food expenses and basic entertainment. How does it work?

average income is
₽ 239500
per

Your estimated
City
free-cash

Dresden , Germany
₽116687
₽86368
₽90079
₽101259
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
239 500
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
80 846
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 905
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
4 446
trade
-
-
-
30 319
total
-
-
-
122 516
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

38 661
-
239 500
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

1 080
-
80 846
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

59
-
4 446
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 905
-
6 905
-
total
8 044
-
92 197
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
200 839
239 500
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 657
1 976
-
-
income
30 125
35 926
-
-
chamber of commerce
441
497
-
-
trade
31 633
37 721
-
-
total
63 856
76 120
-
-
Dividends
136 982
163 380
-
-
withholding
33 862
40 460
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 863
2 225
-
-
total
35 725
42 685
-
-
Income
239 500
239 500
239 500
239 500
Total tax
107 625
118 805
92 197
122 516
After tax
131 875
120 695
147 303
116 984
Living cost
30 616
30 616
30 616
30 616
Free-cash
101 259
90 079
116 687
86 368

Estimated living cost  is ₽30616 per week

₽19259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽83321
₽82035
₽94847
₽93939
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
social contributions
-
-
-
2 575
national
-
-
-
44 959
pensions
-
-
-
28 740
municipal
-
-
-
26 590
total
-
-
-
102 864
Employee
84 642
-
207 046
-
municipal
10 455
-
27 517
-
national
16 200
-
46 989
-
pensions
3 386
-
8 282
-
total
30 041
-
82 788
-
Employer
84 642
-
207 046
-
pensions
6 771
-
16 564
-
social contributions
910
-
2 226
-
total
7 681
-
18 790
-
Corporate
141 591
239 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

28 318
47 900
-
-
total
28 318
47 900
-
-
Dividends
113 272
191 600
-
-
withholding
24 920
42 152
-
-
total
24 920
42 152
-
-
Income
239 500
239 500
239 500
239 500
Total tax
90 960
90 052
101 578
102 864
After tax
148 540
149 448
137 922
136 636
Living cost
54 601
54 601
54 601
54 601
Free-cash
93 939
94 847
83 321
82 035

Estimated living cost  is ₽54601 per week

₽37112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5076
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽817
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽83737
₽66898
₽170572
₽162279
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
239 500
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

-
-
-
38 728
income
-
-
-
51 772
microenterprise
-
-
-
-
surtax
-
-
-
61 073
total
-
-
-
151 573
Employee
29 536
-
189 621
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

3 249
-
13 251
-
income
5 258
-
44 110
-
surtax
-
-
27 495
-
total
8 507
-
84 856
-
Employer
29 536
-
189 621
-
surtax
-
-
20 858
-
social contributions

Each person younger than 30 on 1 July, 2001 should make pension contributions to an old-age pension account. We include it in our internal model.

7 115
-
29 020
-
total
7 115
-
49 878
-
Corporate
202 849
239 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

40 570
47 899
-
-
total
40 570
47 899
-
-
Dividends

In Latvia, local dividends are not subject to withholding tax.

162 279
191 601
-
-
total
-
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
56 192
47 899
134 734
151 573
After tax
183 308
191 601
104 766
87 927
Living cost
21 029
21 029
21 029
21 029
Free-cash
162 279
170 572
83 737
66 898

Estimated living cost  is ₽21029 per week

₽13416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2003
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽110806
₽85605
₽77150
₽70956
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
income
-
-
-
87 244
health
-
-
-
12 464
pensions
-
-
-
11 843
total
-
-
-
111 551
Employee
86 319
86 319
220 715
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

14 129
14 129
43 258
-
health
13 249
11 269
12 464
-
pensions
15 537
11 843
11 843
-
total
42 915
37 241
67 565
-
Employer
86 319
86 319
220 715
-
unemployment
3 107
3 107
3 861
-
pensions
6 008
6 008
7 468
-
health
6 000
6 000
7 456
-
total
15 115
15 115
18 785
-
Corporate
139 125
138 066
-
-
income
27 825
27 612
-
-
total
27 825
27 612
-
-
Dividends
111 300
110 454
-
-
withholding
16 694
16 567
-
-
income
23 651
23 471
-
-
total
40 345
40 038
-
-
Income
239 500
239 500
239 500
239 500
Total tax
126 200
120 006
86 350
111 551
After tax
113 300
119 494
153 150
127 949
Living cost
42 344
42 344
42 344
42 344
Free-cash
70 956
77 150
110 806
85 605

Estimated living cost  is ₽42344 per week

₽30008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3817
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7845
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽77522
₽78511
₽89959
₽89044
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
accident
-
-
-
179
national
-
-
-
30 578
health
-
-
-
5 581
unemployment
-
-
-
89
other
-
-
-
10 393
pensions
-
-
-
9 668
municipal
-
-
-
63 693
total
-
-
-
120 181
Employee
58 147
-
211 399
-
municipal
17 339
-
63 039
-
national
-
-
30 030
-
total
17 339
-
93 069
-
Employer
58 147
-
211 399
-
other
6 757
-
10 393
-
unemployment
1 535
-
2 361
-
pensions
6 286
-
9 668
-
health
3 576
-
5 500
-
accident
116
-
179
-
total
18 270
-
28 101
-
Corporate
163 083
239 500
-
-
income
35 878
52 690
-
-
total
35 878
52 690
-
-
Dividends
127 205
186 810
-
-
withholding
38 161
56 043
-
-
total
38 161
56 043
-
-
Income
239 500
239 500
239 500
239 500
Total tax
109 648
108 733
121 170
120 181
After tax
129 852
130 767
118 330
119 319
Living cost
40 808
40 808
40 808
40 808
Free-cash
89 044
89 959
77 522
78 511

Estimated living cost  is ₽40808 per week

₽27046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽107594
₽75927
₽79752
₽93955
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
239 500
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
80 846
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 905
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
4 446
trade
-
-
-
31 667
total
-
-
-
123 864
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

51 260
-
239 500
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

4 404
-
80 846
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

242
-
4 446
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 905
-
6 905
-
total
11 551
-
92 197
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
188 240
239 500
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 554
1 976
-
-
income
28 236
35 926
-
-
chamber of commerce
422
495
-
-
trade
30 965
39 398
-
-
total
61 177
77 795
-
-
Dividends
127 063
161 706
-
-
withholding
31 382
40 042
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 726
2 202
-
-
total
33 108
42 244
-
-
Income
239 500
239 500
239 500
239 500
Total tax
105 836
120 039
92 197
123 864
After tax
133 664
119 461
147 303
115 636
Living cost
39 709
39 709
39 709
39 709
Free-cash
93 955
79 752
107 594
75 927

Estimated living cost  is ₽39709 per week

₽26557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8371
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽125896
₽127835
₽141731
₽137541
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
social contributions
-
-
-
16 354
income
-
-
-
56 418
health
-
-
-
6 108
total
-
-
-
78 880
Employee
77 726
77 726
226 606
-
social contributions
3 777
6 451
8 701
-
income
8 162
7 195
55 372
-
health
773
1 322
3 852
-
total
12 712
14 968
67 925
-
Employer
77 726
77 726
226 606
-
health
842
1 439
4 193
-
social contributions
3 777
6 451
8 701
-
total
4 619
7 890
12 894
-
Corporate
189 384
153 884
-
-
income
23 672
19 236
-
-
total
23 672
19 236
-
-
Dividends
165 711
134 649
-
-
withholding
28 171
22 890
-
-
total
28 171
22 890
-
-
Income
239 500
239 500
239 500
239 500
Total tax
69 174
64 984
80 819
78 880
After tax
170 326
174 516
158 681
160 620
Living cost
32 785
32 785
32 785
32 785
Free-cash
137 541
141 731
125 896
127 835

Estimated living cost  is ₽32785 per week

₽22412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽118976
₽146049
₽114576
₽114991
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
income
-
-
-
29 279
health
-
-
-
16 765
unemployment
-
-
-
3 593
pensions
-
-
-
23 950
total
-
-
-
73 587
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

28 675
11 412
200 418
-
income
3 505
1 395
24 501
-
health
2 007
799
14 029
-
pensions
2 867
1 141
20 042
-
unemployment
430
171
3 006
-
total
8 809
3 506
61 578
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

28 675
11 412
200 418
-
pensions
5 592
2 225
39 082
-
total
5 592
2 225
39 082
-
Corporate
205 234
225 863
-
-
income
18 471
20 328
-
-
total
18 471
20 328
-
-
Dividends
186 763
205 535
-
-
withholding
35 485
39 052
-
-
social contributions
36 288
39 949
-
-
total
71 773
79 001
-
-
Income
239 500
239 500
239 500
239 500
Total tax
104 645
105 060
100 660
73 587
After tax
134 855
134 440
138 840
165 913
Living cost
19 864
19 864
19 864
19 864
Free-cash
114 991
114 576
118 976
146 049

Estimated living cost  is ₽19864 per week

₽13556
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽113630
₽103959
₽167186
₽160907
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
income
-
-
-
32 093
health
-
-
-
31 134
pensions
-
-
-
47 899
total
-
-
-
111 126
Employee
28 675
-
178 996
-
income
3 228
-
34 510
-
pensions
574
-
3 579
-
unemployment
458
-
2 864
-
total
4 260
-
40 953
-
Employer
28 675
-
178 996
-
unemployment
230
-
1 433
-
pensions
5 735
-
35 799
-
health
3 727
-
23 270
-
total
9 692
-
60 502
-
Corporate
201 132
239 500
-
-
income
40 226
47 899
-
-
total
40 226
47 899
-
-
Dividends
160 906
191 601
-
-
total
-
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
54 178
47 899
101 455
111 126
After tax
185 322
191 601
138 045
128 374
Living cost
24 415
24 415
24 415
24 415
Free-cash
160 907
167 186
113 630
103 959

Estimated living cost  is ₽24415 per week

₽16746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
₽110057
₽141297
-₽2804
₽15993
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
accident
-
-
-
255
income
-
-
-
68 970
health
-
-
-
2 201
other
-
-
-
374
pensions
-
-
-
4 199
total
-
-
-
75 999
Employee
34 928
-
219 344
-
income
4 792
-
54 268
-
health
3 999
-
25 115
-
pensions
3 933
-
7 700
-
total
12 724
-
87 083
-
Employer
34 928
-
219 344
-
unemployment
856
-
5 374
-
pensions
5 680
-
11 119
-
accident
583
-
3 663
-
total
7 119
-
20 156
-
Corporate
197 453
239 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

177 708
215 550
-
-
total
177 708
215 550
-
-
Dividends
19 745
23 950
-
-
withholding
3 752
4 550
-
-
total
3 752
4 550
-
-
Income
239 500
239 500
239 500
239 500
Total tax
201 303
220 100
107 239
75 999
After tax
38 197
19 400
132 261
163 501
Living cost
22 204
22 204
22 204
22 204
Free-cash
15 993
-2 804
110 057
141 297

Estimated living cost  is ₽22204 per week

₽16274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽182983
₽228488
₽218908
₽217292
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
239 500
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
2 395
total
-
-
-
2 395
Employee
10 770
-
239 500
-
income
2 154
-
47 900
-
total
2 154
-
47 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

228 730
239 500
-
-
total
-
-
-
-
Dividends
228 730
239 500
-
-
withholding
11 437
11 975
-
-
total
11 437
11 975
-
-
Income
239 500
239 500
239 500
239 500
Total tax
13 591
11 975
47 900
2 395
After tax
225 909
227 525
191 600
237 105
Living cost
8 617
8 617
8 617
8 617
Free-cash
217 292
218 908
182 983
228 488

Estimated living cost  is ₽8617 per week

₽5340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽237
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽116803
₽118752
₽149026
₽142201
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
income
-
-
-
42 858
health
-
-
-
6 764
other
-
-
-
7 301
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
36 891
total
-
-
-
93 814
Employee
36 701
-
200 392
-
income
6 319
-
42 208
-
health
514
-
2 152
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

2 568
-
10 759
-
unemployment
366
-
1 536
-
total
9 767
-
56 655
-
Employer
36 701
-
200 392
-
other
1 836
-
7 684
-
unemployment
366
-
1 536
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

6 240
-
26 132
-
health
514
-
2 152
-
accident
293
-
1 604
-
total
9 249
-
39 108
-
Corporate
193 549
239 500
-
-
income
40 645
50 295
-
-
total
40 645
50 295
-
-
Dividends
152 905
189 205
-
-
withholding
10 704
13 245
-
-
total
10 704
13 245
-
-
Income
239 500
239 500
239 500
239 500
Total tax
70 365
63 540
95 763
93 814
After tax
169 135
175 960
143 737
145 686
Living cost
26 934
26 934
26 934
26 934
Free-cash
142 201
149 026
116 803
118 752

Estimated living cost  is ₽26934 per week

₽19030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽65035
₽86378
₽82346
₽90520
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
income
-
-
-
74 897
pensions
-
-
-
10 346
total
-
-
-
85 243
Employee
96 039
-
208 653
-
income
17 312
-
60 669
-
health
1 583
-
2 790
-
pensions
9 265
-
12 281
-
total
28 160
-
75 740
-
Employer
96 039
-
208 653
-
pensions
11 339
-
26 881
-
health
1 824
-
3 965
-
total
13 163
-
30 846
-
Corporate
130 297
239 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

24 756
45 505
-
-
total
24 756
45 505
-
-
Dividends
105 542
193 995
-
-
withholding
15 022
43 770
-
-
total
15 022
43 770
-
-
Income
239 500
239 500
239 500
239 500
Total tax
81 101
89 275
106 586
85 243
After tax
158 399
150 225
132 914
154 257
Living cost
67 879
67 879
67 879
67 879
Free-cash
90 520
82 346
65 035
86 378

Estimated living cost  is ₽67879 per week

₽50863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽191181
₽181109
₽191645
₽186994
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
income
-
-
-
35 925
health
-
-
-
4 022
unemployment
-
-
-
140
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
5 176
total
-
-
-
45 263
Employee
17 384
-
232 638
-
income
1 738
-
23 264
-
accident

We are using the highest rate at 1.1%.

191
-
385
-
health
800
-
1 609
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 526
-
3 071
-
total
4 255
-
28 329
-
Employer
17 384
-
232 638
-
unemployment
104
-
210
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

1 916
-
3 854
-
health
1 200
-
2 413
-
accident

We are using the highest rate at 1.1%.

191
-
385
-
total
3 411
-
6 862
-
Corporate
218 705
239 500
-
-
income
21 870
23 950
-
-
total
21 870
23 950
-
-
Dividends
196 835
215 550
-
-
withholding
9 842
10 777
-
-
total
9 842
10 777
-
-
Income
239 500
239 500
239 500
239 500
Total tax
39 378
34 727
35 191
45 263
After tax
200 122
204 773
204 309
194 237
Living cost
13 128
13 128
13 128
13 128
Free-cash
186 994
191 645
191 181
181 109

Estimated living cost  is ₽13128 per week

₽7664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽97099
₽71898
₽63443
₽65982
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
income
-
-
-
87 244
health
-
-
-
12 464
pensions
-
-
-
11 843
total
-
-
-
111 551
Employee
93 714
86 319
220 715
-
income

It is possible to apply for a 30% ruling (tax reduction) for salaries over €37,000 per annum.

14 129
14 129
43 258
-
health
11 691
11 269
12 464
-
pensions
11 843
11 843
11 843
-
total
37 663
37 241
67 565
-
Employer
93 714
86 319
220 715
-
unemployment
3 374
3 107
3 861
-
pensions
6 522
6 008
7 468
-
health
6 512
6 000
7 456
-
total
16 408
15 115
18 785
-
Corporate
129 378
138 066
-
-
income
25 876
27 612
-
-
total
25 876
27 612
-
-
Dividends
103 501
110 454
-
-
withholding
15 526
16 567
-
-
income
21 994
23 471
-
-
total
37 520
40 038
-
-
Income
239 500
239 500
239 500
239 500
Total tax
117 467
120 006
86 350
111 551
After tax
122 033
119 494
153 150
127 949
Living cost
56 051
56 051
56 051
56 051
Free-cash
65 982
63 443
97 099
71 898

Estimated living cost  is ₽56051 per week

₽41347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽643
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽106165
₽116733
₽139659
₽130656
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
social contributions
-
-
-
36 315
income
-
-
-
25 628
health
-
-
-
32 333
solidarity contribution
-
-
-
3 254
total
-
-
-
97 530
Employee
37 113
-
191 200
-
social contributions
2 412
-
8 084
-
income
4 454
-
23 596
-
health
5 010
-
25 812
-
solidarity contribution
-
-
2 306
-
total
11 876
-
59 798
-
Employer
37 113
-
191 200
-
health
3 340
-
17 208
-
social contributions
9 278
-
31 092
-
total
12 618
-
48 300
-
Corporate
189 768
239 500
-
-
income
36 056
45 505
-
-
total
36 056
45 505
-
-
Dividends
153 712
193 995
-
-
withholding
23 057
29 099
-
-
total
23 057
29 099
-
-
Income
239 500
239 500
239 500
239 500
Total tax
83 607
74 604
108 098
97 530
After tax
155 893
164 896
131 402
141 970
Living cost
25 237
25 237
25 237
25 237
Free-cash
130 656
139 659
106 165
116 733

Estimated living cost  is ₽25237 per week

₽17530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1795
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽64960
₽73529
₽85130
₽79854
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
social contributions
-
-
-
50 590
national
-
-
-
68 130
regional
-
-
-
3 087
municipal
-
-
-
1 512
total
-
-
-
123 319
Employee
89 834
-
239 500
-
social contributions
30 292
-
66 325
-
municipal
476
-
1 385
-
regional
848
-
2 813
-
national
15 566
-
61 365
-
total
47 182
-
131 888
-
Employer
89 834
-
239 500
-
total
-
-
-
-
Corporate
149 666
239 500
-
-
nationa
35 920
57 481
-
-
municipal
5 837
9 340
-
-
total
41 757
66 821
-
-
Dividends
107 909
172 680
-
-
withholding
28 055
44 897
-
-
total
28 055
44 897
-
-
Income
239 500
239 500
239 500
239 500
Total tax
116 994
111 718
131 888
123 319
After tax
122 506
127 782
107 612
116 181
Living cost
42 652
42 652
42 652
42 652
Free-cash
79 854
85 130
64 960
73 529

Estimated living cost  is ₽42652 per week

₽29732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2797
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽654
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9468
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽84038
₽90218
₽128341
₽125194
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
income
-
-
-
77 025
health
-
-
-
9 578
unemployment
-
-
-
230
other
-
-
-
-
pensions
-
-
-
26 981
surtax
-
-
-
13 163
total
-
-
-
126 977
Employee
33 427
-
211 103
-
income
5 603
-
70 979
-
surtax
109
-
11 954
-
health
854
-
3 439
-
pensions
2 229
-
8 998
-
unemployment
2 327
-
9 390
-
other
-
-
-
-
total
11 122
-
104 760
-
Employer
33 427
-
211 103
-
other
-
-
-
-
unemployment
1 059
-
4 276
-
pensions
4 456
-
17 983
-
health
1 521
-
6 138
-
total
7 036
-
28 397
-
Corporate
199 037
239 500
-
-
income
51 749
62 270
-
-
total
51 749
62 270
-
-
Dividends
147 288
177 230
-
-
withholding
22 094
26 584
-
-
total
22 094
26 584
-
-
Income
239 500
239 500
239 500
239 500
Total tax
92 001
88 854
133 157
126 977
After tax
147 499
150 646
106 343
112 523
Living cost
22 305
22 305
22 305
22 305
Free-cash
125 194
128 341
84 038
90 218

Estimated living cost  is ₽22305 per week

₽13638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽86540
₽107883
₽103851
₽110557
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
income
-
-
-
74 897
pensions
-
-
-
10 346
total
-
-
-
85 243
Employee
64 363
-
208 653
-
income
11 592
-
60 669
-
health
934
-
2 790
-
pensions
5 463
-
12 281
-
total
17 989
-
75 740
-
Employer
64 363
-
208 653
-
pensions
6 967
-
26 881
-
health
1 223
-
3 965
-
total
8 190
-
30 846
-
Corporate
166 947
239 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

31 721
45 505
-
-
total
31 721
45 505
-
-
Dividends
135 227
193 995
-
-
withholding
24 669
43 770
-
-
total
24 669
43 770
-
-
Income
239 500
239 500
239 500
239 500
Total tax
82 569
89 275
106 586
85 243
After tax
156 931
150 225
132 914
154 257
Living cost
46 373
46 373
46 373
46 373
Free-cash
110 557
103 851
86 540
107 883

Estimated living cost  is ₽46373 per week

₽34743
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7669
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
₽101797
₽110244
₽30156
₽64112
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
city
-
-
-
2 525
health
-
-
-
538
national
-
-
-
6 428
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
4 790
pensions
-
-
-
22 034
regional
-
-
-
13 581
total
-
-
-
49 896
Employee
92 872
-
215 722
-
regional
3 041
-
12 152
-
health
210
-
485
-
national
440
-
5 358
-
pensions
7 802
-
16 606
-
unemployment
-
-
-
-
city
997
-
2 336
-
total
12 490
-
36 937
-
Employer
92 872
-
215 722
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 857
-
4 315
-
unemployment
-
-
-
-
pensions
7 802
-
16 606
-
health
210
-
485
-
total
9 869
-
21 406
-
Corporate
135 738
239 500
-
-
regional
28 709
50 655
-
-
national
11 539
20 358
-
-
total
40 248
71 013
-
-
Dividends
95 490
168 487
-
-
withholding
33 421
58 971
-
-
total
33 421
58 971
-
-
Income
239 500
239 500
239 500
239 500
Total tax
96 028
129 984
58 343
49 896
After tax
143 472
109 516
181 157
189 604
Living cost
79 360
79 360
79 360
79 360
Free-cash
64 112
30 156
101 797
110 244

Estimated living cost  is ₽79360 per week

₽51607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7122
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽974
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽100998
₽67984
₽71925
₽88317
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
239 500
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
80 846
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 905
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
4 446
trade
-
-
-
33 014
total
-
-
-
125 211
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

60 748
-
239 500
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

7 143
-
80 846
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

393
-
4 446
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 905
-
6 905
-
total
14 441
-
92 197
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 752
239 500
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 475
1 976
-
-
income
26 812
35 926
-
-
chamber of commerce
405
491
-
-
trade
30 657
41 074
-
-
total
59 349
79 467
-
-
Dividends
119 404
160 033
-
-
withholding
29 467
39 624
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 621
2 179
-
-
total
31 088
41 803
-
-
Income
239 500
239 500
239 500
239 500
Total tax
104 878
121 270
92 197
125 211
After tax
134 622
118 230
147 303
114 289
Living cost
46 305
46 305
46 305
46 305
Free-cash
88 317
71 925
100 998
67 984

Estimated living cost  is ₽46305 per week

₽33820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽87642
₽95428
₽86125
₽92098
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
social contributions
-
-
-
6 823
income
-
-
-
46 348
health
-
-
-
12 044
other
-
-
-
7 425
pensions
-
-
-
36 849
surtax
-
-
-
-
total
-
-
-
109 489
Employee
43 261
-
182 154
-
social contributions
1 233
-
5 189
-
income
2 553
-
40 744
-
surtax
-
-
-
-
pensions
4 891
-
13 995
-
total
8 677
-
59 928
-
Employer
43 261
-
182 154
-
other
1 492
-
7 672
-
unemployment
1 751
-
7 377
-
pensions
7 107
-
23 324
-
health
3 029
-
18 427
-
social contributions
130
-
547
-
total
13 509
-
57 347
-
Corporate
182 729
239 500
-
-
surtax
-
-
-
-
income
51 164
67 060
-
-
total
51 164
67 060
-
-
Dividends
131 565
172 440
-
-
withholding
16 840
22 073
-
-
surtax
-
-
-
-
social contributions
22 629
29 659
-
-
total
39 469
51 732
-
-
Income
239 500
239 500
239 500
239 500
Total tax
112 819
118 792
117 275
109 489
After tax
126 681
120 708
122 225
130 011
Living cost
34 583
34 583
34 583
34 583
Free-cash
92 098
86 125
87 642
95 428

Estimated living cost  is ₽34583 per week

₽21806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽91068
₽98854
₽89551
₽95166
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
social contributions
-
-
-
6 823
income
-
-
-
46 348
health
-
-
-
12 044
other
-
-
-
7 425
pensions
-
-
-
36 849
surtax
-
-
-
-
total
-
-
-
109 489
Employee
38 616
-
182 154
-
social contributions
1 101
-
5 189
-
income
1 991
-
40 744
-
surtax
-
-
-
-
pensions
4 368
-
13 995
-
total
7 460
-
59 928
-
Employer
38 616
-
182 154
-
other
1 333
-
7 672
-
unemployment
1 563
-
7 377
-
pensions
6 345
-
23 324
-
health
2 703
-
18 427
-
social contributions
115
-
547
-
total
12 059
-
57 347
-
Corporate
188 824
239 500
-
-
surtax
-
-
-
-
income
52 871
67 060
-
-
total
52 871
67 060
-
-
Dividends
135 953
172 440
-
-
withholding
17 402
22 073
-
-
surtax
-
-
-
-
social contributions
23 385
29 659
-
-
total
40 787
51 732
-
-
Income
239 500
239 500
239 500
239 500
Total tax
113 177
118 792
117 275
109 489
After tax
126 323
120 708
122 225
130 011
Living cost
31 157
31 157
31 157
31 157
Free-cash
95 166
89 551
91 068
98 854

Estimated living cost  is ₽31157 per week

₽18069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9332
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽125629
₽132373
₽124683
₽125208
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
social contributions
-
-
-
33 050
income
-
-
-
35 926
health
-
-
-
16 717
total
-
-
-
85 693
Employee
34 272
-
239 500
-
social contributions
4 730
-
33 050
-
income
5 716
-
42 670
-
health
2 392
-
16 717
-
total
12 838
-
92 437
-
Employer
34 272
-
239 500
-
total
-
-
-
-
Corporate
205 228
239 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

10 262
11 975
-
-
total
10 262
11 975
-
-
Dividends
194 965
227 525
-
-
health
13 608
15 881
-
-
withholding
29 245
34 128
-
-
social contributions
26 905
31 399
-
-
total
69 758
81 408
-
-
Income
239 500
239 500
239 500
239 500
Total tax
92 858
93 383
92 437
85 693
After tax
146 642
146 117
147 063
153 807
Living cost
21 434
21 434
21 434
21 434
Free-cash
125 208
124 683
125 629
132 373

Estimated living cost  is ₽21434 per week

₽14344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽26935
₽86879
₽96314
₽94749
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
income
-
-
-
78 769
health
-
-
-
9 033
unemployment
-
-
-
6 200
pensions
-
-
-
21 846
surtax
-
-
-
199
chamber of commerce
-
-
-
957
total
-
-
-
117 004
Employee
50 515
40 282
199 381
-
income
5 751
2 971
66 555
-
health
1 955
1 559
4 569
-
pensions
5 173
4 124
12 092
-
unemployment
1 515
1 208
3 543
-
other
504
403
1 182
-
total
14 898
10 265
87 941
-
Employer
50 515
40 282
199 381
-
other
2 400
1 912
8 780
-
surtax
199
199
199
-
unemployment
1 515
1 208
3 543
-
pensions
6 340
5 056
14 820
-
payroll
1 515
1 208
5 981
-
health
1 909
1 523
4 464
-
accident
656
524
1 535
-
chamber of commerce
201
161
798
-
total
14 735
11 791
40 120
-
Corporate
174 249
187 425
195 545
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

43 562
46 856
48 887
-
total
43 562
46 856
48 887
-
Dividends
130 687
140 569
-
-
withholding
35 939
38 657
-
-
total
35 939
38 657
-
-
Income
239 500
239 500
239 500
239 500
Total tax
109 134
107 569
176 948
117 004
After tax
130 366
131 931
62 552
122 496
Living cost
35 617
35 617
35 617
35 617
Free-cash
94 749
96 314
26 935
86 879

Estimated living cost  is ₽35617 per week

₽23755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽44037
₽67374
₽93899
₽81803
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
social contributions
-
-
-
25 201
national
-
-
-
97 212
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

-
-
-
12 858
total
-
-
-
135 271
Employee

The minimum management director salary is set at €45,000 per year.

72 303
-
185 501
-
communal

Communal tax will depend on the area of registration and each commune in the city has its own rate.

3 771
-
9 675
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

3 397
-
8 718
-
national
22 229
-
70 691
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

5 423
-
13 913
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

629
-
1 613
-
total
35 449
-
104 610
-
Employer

The minimum management director salary is set at €45,000 per year.

72 303
-
185 501
-
surtax
8 198
-
21 035
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

1 055
-
2 708
-
pensions

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

6 407
-
16 435
-
health

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

4 446
-
11 409
-
accident

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

940
-
2 411
-
total
21 046
-
53 998
-
Corporate
146 150
239 500
-
-
surtax
585
1 043
-
-
income
29 229
52 192
-
-
total
29 814
53 235
-
-
Dividends
116 336
186 264
-
-
withholding

As an investor, you can take advantage of €640 tax free allowance per year.

34 533
55 511
-
-
total
34 533
55 511
-
-
Income
239 500
239 500
239 500
239 500
Total tax
120 842
108 746
158 608
135 271
After tax
118 658
130 754
80 892
104 229
Living cost
36 855
36 855
36 855
36 855
Free-cash
81 803
93 899
44 037
67 374

Estimated living cost  is ₽36855 per week

₽23740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽92974
₽97215
₽122397
₽115471
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
accident
-
-
-
844
income
-
-
-
77 674
unemployment
-
-
-
656
other
-
-
-
94
pensions
-
-
-
26 513
total
-
-
-
105 781
Employee
50 315
-
209 632
-
income
10 616
-
74 204
-
pensions
2 365
-
4 404
-
unemployment
781
-
1 452
-
other
50
-
94
-
total
13 812
-
80 154
-
Employer
50 315
-
209 632
-
other
401
-
750
-
unemployment
2 768
-
5 152
-
pensions
11 874
-
22 111
-
accident
996
-
1 855
-
total
16 039
-
29 868
-
Corporate
173 147
239 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

25 972
35 926
-
-
total
25 972
35 926
-
-
Dividends
147 174
203 574
-
-
withholding
31 702
44 673
-
-
total
31 702
44 673
-
-
Income
239 500
239 500
239 500
239 500
Total tax
87 525
80 599
110 022
105 781
After tax
151 975
158 901
129 478
133 719
Living cost
36 504
36 504
36 504
36 504
Free-cash
115 471
122 397
92 974
97 215

Estimated living cost  is ₽36504 per week

₽26882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽66148
₽56598
₽79638
₽65740
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
accident
-
-
-
2 020
income
-
-
-
46 214
health
-
-
-
16 828
communal
-
-
-
15 136
pensions
-
-
-
35 899
surtax
-
-
-
11 874
total
-
-
-
127 971
Employee
76 547
-
213 934
-
income
7 394
-
53 110
-
surtax
4 692
-
13 111
-
health
3 407
-
9 520
-
pensions
6 123
-
17 114
-
total
21 616
-
92 855
-
Employer
76 547
-
213 934
-
pensions
6 123
-
17 114
-
health
2 334
-
6 526
-
accident
689
-
1 926
-
total
9 146
-
25 566
-
Corporate
153 807
239 500
-
-
surtax
1 615
2 515
-
-
income
23 070
35 926
-
-
communal
10 381
16 167
-
-
total
35 066
54 608
-
-
Dividends
118 740
184 893
-
-
withholding
17 810
27 733
-
-
income
35 191
22 590
-
-
total
53 001
50 323
-
-
Income
239 500
239 500
239 500
239 500
Total tax
118 829
104 931
118 421
127 971
After tax
120 671
134 569
121 079
111 529
Living cost
54 931
54 931
54 931
54 931
Free-cash
65 740
79 638
66 148
56 598

Estimated living cost  is ₽54931 per week

₽41207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽83639
₽89819
₽127942
₽124725
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
income
-
-
-
77 025
health
-
-
-
9 578
unemployment
-
-
-
230
other
-
-
-
-
pensions
-
-
-
26 981
surtax
-
-
-
13 163
total
-
-
-
126 977
Employee
34 040
-
211 103
-
income
5 707
-
70 979
-
surtax
121
-
11 954
-
health
869
-
3 439
-
pensions
2 271
-
8 998
-
unemployment
2 369
-
9 390
-
other
-
-
-
-
total
11 337
-
104 760
-
Employer
34 040
-
211 103
-
other
-
-
-
-
unemployment
1 080
-
4 276
-
pensions
4 538
-
17 983
-
health
1 548
-
6 138
-
total
7 166
-
28 397
-
Corporate
198 293
239 500
-
-
income
51 557
62 270
-
-
total
51 557
62 270
-
-
Dividends
146 736
177 230
-
-
withholding
22 011
26 584
-
-
total
22 011
26 584
-
-
Income
239 500
239 500
239 500
239 500
Total tax
92 071
88 854
133 157
126 977
After tax
147 429
150 646
106 343
112 523
Living cost
22 704
22 704
22 704
22 704
Free-cash
124 725
127 942
83 639
89 819

Estimated living cost  is ₽22704 per week

₽13707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽79681
₽88204
₽98658
₽96414
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
social contributions
-
-
-
50 590
national
-
-
-
68 130
regional
-
-
-
3 835
municipal
-
-
-
1 512
total
-
-
-
124 067
Employee
56 071
-
239 500
-
social contributions
18 908
-
66 325
-
municipal
297
-
1 385
-
regional
755
-
3 515
-
national
8 883
-
61 365
-
total
28 843
-
132 590
-
Employer
56 071
-
239 500
-
total
-
-
-
-
Corporate
183 429
239 500
-
-
nationa
44 022
57 481
-
-
municipal
9 117
11 902
-
-
total
53 139
69 383
-
-
Dividends
130 290
170 117
-
-
withholding
33 875
44 230
-
-
total
33 875
44 230
-
-
Income
239 500
239 500
239 500
239 500
Total tax
115 857
113 613
132 590
124 067
After tax
123 643
125 887
106 910
115 433
Living cost
27 229
27 229
27 229
27 229
Free-cash
96 414
98 658
79 681
88 204

Estimated living cost  is ₽27229 per week

₽16934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽100303
₽110871
₽133797
₽122703
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
social contributions
-
-
-
36 315
income
-
-
-
25 628
health
-
-
-
32 333
solidarity contribution
-
-
-
3 254
total
-
-
-
97 530
Employee
45 733
-
191 200
-
social contributions
2 973
-
8 084
-
income
5 488
-
23 596
-
health
6 174
-
25 812
-
solidarity contribution
-
-
2 306
-
total
14 635
-
59 798
-
Employer
45 733
-
191 200
-
health
4 116
-
17 208
-
social contributions
11 433
-
31 092
-
total
15 549
-
48 300
-
Corporate
178 218
239 500
-
-
income
33 861
45 505
-
-
total
33 861
45 505
-
-
Dividends
144 356
193 995
-
-
withholding
21 653
29 099
-
-
total
21 653
29 099
-
-
Income
239 500
239 500
239 500
239 500
Total tax
85 698
74 604
108 098
97 530
After tax
153 802
164 896
131 402
141 970
Living cost
31 099
31 099
31 099
31 099
Free-cash
122 703
133 797
100 303
110 871

Estimated living cost  is ₽31099 per week

₽23127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽30351
₽90447
₽99791
₽99290
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
income
-
-
-
78 769
health
-
-
-
9 033
unemployment
-
-
-
6 200
pensions
-
-
-
21 846
surtax
-
-
-
-
chamber of commerce
-
-
-
957
total
-
-
-
116 805
Employee
44 185
40 282
199 567
-
income
3 936
2 971
66 648
-
health
1 709
1 559
4 569
-
pensions
4 525
4 124
12 092
-
unemployment
1 325
1 208
3 543
-
other
441
403
1 182
-
total
11 936
10 265
88 034
-
Employer
44 185
40 282
199 567
-
other
2 099
1 912
8 787
-
surtax
-
-
-
-
unemployment
1 325
1 208
3 543
-
pensions
5 545
5 056
14 820
-
payroll
1 325
1 208
5 987
-
health
1 671
1 523
4 464
-
accident
574
524
1 535
-
chamber of commerce
176
161
798
-
total
12 715
11 592
39 934
-
Corporate
182 599
187 624
195 731
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

45 649
46 906
48 933
-
total
45 649
46 906
48 933
-
Dividends
136 950
140 719
-
-
withholding
37 662
38 698
-
-
total
37 662
38 698
-
-
Income
239 500
239 500
239 500
239 500
Total tax
107 962
107 461
176 901
116 805
After tax
131 538
132 039
62 599
122 695
Living cost
32 248
32 248
32 248
32 248
Free-cash
99 290
99 791
30 351
90 447

Estimated living cost  is ₽32248 per week

₽19345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽178173
₽223678
₽214098
₽211580
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
239 500
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
2 395
total
-
-
-
2 395
Employee
16 784
-
239 500
-
income
3 357
-
47 900
-
total
3 357
-
47 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

222 716
239 500
-
-
total
-
-
-
-
Dividends
222 716
239 500
-
-
withholding
11 136
11 975
-
-
total
11 136
11 975
-
-
Income
239 500
239 500
239 500
239 500
Total tax
14 493
11 975
47 900
2 395
After tax
225 007
227 525
191 600
237 105
Living cost
13 427
13 427
13 427
13 427
Free-cash
211 580
214 098
178 173
223 678

Estimated living cost  is ₽13427 per week

₽9086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽77601
₽82801
₽137784
₽129329
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
239 500
income
-
-
-
61 922
health
-
-
-
23 567
unemployment
-
-
-
359
pensions
-
-
-
43 739
total
-
-
-
129 587
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 698
-
207 234
-
income
7 708
-
56 722
-
health
2 887
-
13 387
-
pensions
6 929
-
32 122
-
unemployment
63
-
290
-
total
17 587
-
102 521
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 698
-
207 234
-
unemployment
27
-
125
-
pensions
3 955
-
18 340
-
health
2 977
-
13 801
-
total
6 959
-
32 266
-
Corporate
187 843
239 500
-
-
income
35 690
45 505
-
-
total
35 690
45 505
-
-
Dividends
152 153
193 995
-
-
withholding
22 823
29 099
-
-
total
22 823
29 099
-
-
Income
239 500
239 500
239 500
239 500
Total tax
83 059
74 604
134 787
129 587
After tax
156 441
164 896
104 713
109 913
Living cost
27 112
27 112
27 112
27 112
Free-cash
129 329
137 784
77 601
82 801

Estimated living cost  is ₽27112 per week

₽18606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽176989
₽117609
₽97807
₽44998
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
social contributions
-
-
-
27 303
income
-
-
-
46 683
total
-
-
-
73 986
Employee
68 688
-
-
-
social contributions
5 632
-
803
-
income
15 151
-
-
-
total
20 783
-
803
-
Employer
68 688
-
-
-
social contributions
96 851
-
13 803
-
total
96 851
-
13 803
-
Corporate
73 961
239 500
-
-
income
16 271
52 690
-
-
total
16 271
52 690
-
-
Dividends
57 689
186 810
-
-
income
12 692
41 098
-
-
total
12 692
41 098
-
-
Income
239 500
239 500
239 500
239 500
Total tax
146 597
93 788
14 606
73 986
After tax
92 903
145 712
224 894
165 514
Living cost
47 905
47 905
47 905
47 905
Free-cash
44 998
97 807
176 989
117 609

Estimated living cost  is ₽47905 per week

₽31082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽73460
₽92614
₽104522
₽103504
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
239 500
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
83 226
income
-
-
-
31 954
surtax
-
-
-
-
total
-
-
-
115 180
Employee
46 489
-
193 534
-
social contributions
5 114
-
21 288
-
income
9 670
-
66 612
-
surtax
-
-
470
-
total
14 784
-
88 370
-
Employer
46 489
-
193 534
-
social contributions
11 041
-
45 964
-
total
11 041
-
45 964
-
Corporate
181 970
239 500
-
-
surtax
-
-
-
-
income
38 214
50 295
-
-
total
38 214
50 295
-
-
Dividends
143 756
189 205
-
-
withholding
40 251
52 977
-
-
total
40 251
52 977
-
-
Income
239 500
239 500
239 500
239 500
Total tax
104 290
103 272
134 334
115 180
After tax
135 210
136 228
105 166
124 320
Living cost
31 706
31 706
31 706
31 706
Free-cash
103 504
104 522
73 460
92 614

Estimated living cost  is ₽31706 per week

₽23722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽73405
₽81191
₽71888
₽78836
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
social contributions
-
-
-
6 823
income
-
-
-
46 348
health
-
-
-
12 044
other
-
-
-
7 425
pensions
-
-
-
36 849
surtax
-
-
-
-
total
-
-
-
109 489
Employee
63 309
-
182 154
-
social contributions
1 803
-
5 189
-
income
5 524
-
40 744
-
surtax
-
-
-
-
pensions
7 161
-
13 995
-
total
14 488
-
59 928
-
Employer
63 309
-
182 154
-
other
2 185
-
7 672
-
unemployment
2 565
-
7 377
-
pensions
10 402
-
23 324
-
health
4 431
-
18 427
-
social contributions
190
-
547
-
total
19 773
-
57 347
-
Corporate
156 419
239 500
-
-
surtax
-
-
-
-
income
43 798
67 060
-
-
total
43 798
67 060
-
-
Dividends
112 621
172 440
-
-
withholding
14 415
22 073
-
-
surtax
-
-
-
-
social contributions
19 370
29 659
-
-
total
33 785
51 732
-
-
Income
239 500
239 500
239 500
239 500
Total tax
111 844
118 792
117 275
109 489
After tax
127 656
120 708
122 225
130 011
Living cost
48 820
48 820
48 820
48 820
Free-cash
78 836
71 888
73 405
81 191

Estimated living cost  is ₽48820 per week

₽33041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽150247
₽143882
₽185165
₽181770
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
income
-
-
-
12 543
social contributions
-
-
-
52 691
total
-
-
-
65 234
Employee
32 496
-
207 359
-
social contributions
2 112
-
13 479
-
income
-
-
13 249
-
total
2 112
-
26 728
-
Employer
32 496
-
207 359
-
social contributions
5 037
-
32 141
-
total
5 037
-
32 141
-
Corporate
201 967
239 500
-
-
income
20 197
23 951
-
-
total
20 197
23 951
-
-
Dividends
181 770
215 549
-
-
total
-
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
27 346
23 951
58 869
65 234
After tax
212 154
215 549
180 631
174 266
Living cost
30 384
30 384
30 384
30 384
Free-cash
181 770
185 165
150 247
143 882

Estimated living cost  is ₽30384 per week

₽19646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2290
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
₽19662
₽89090
₽19662
₽10973
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
national
-
-
-
30 129
pensions
-
-
-
875
labour market
-
-
-
19 090
municipal
-
-
-
51 723
total
-
-
-
101 817
Employee
205 101
205 101
205 101
-
municipal
43 675
43 675
43 675
-
national
25 057
25 057
25 057
-
pensions
292
292
292
-
labour market
16 385
16 385
16 385
-
total
85 409
85 409
85 409
-
Employer
205 101
205 101
205 101
-
national
25 100
25 100
25 100
-
pensions
583
583
583
-
labour market
16 408
16 408
16 408
-
municipal
43 745
43 745
43 745
-
total
85 836
85 836
85 836
-
Corporate
19 663
-
-
-
income
4 326
-
-
-
total
4 326
-
-
-
Dividends
15 337
-
-
-
withholding
4 363
-
-
-
total
4 363
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
179 934
171 245
171 245
101 817
After tax
59 566
68 255
68 255
137 683
Living cost
48 593
48 593
48 593
48 593
Free-cash
10 973
19 662
19 662
89 090

Estimated living cost  is ₽48593 per week

₽33258
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽747
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
₽110384
₽141624
-₽2477
₽16042
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
accident
-
-
-
255
income
-
-
-
68 970
health
-
-
-
2 201
other
-
-
-
374
pensions
-
-
-
4 199
total
-
-
-
75 999
Employee
34 413
-
219 344
-
income
4 721
-
54 268
-
health
3 941
-
25 115
-
pensions
3 875
-
7 700
-
total
12 537
-
87 083
-
Employer
34 413
-
219 344
-
unemployment
843
-
5 374
-
pensions
5 596
-
11 119
-
accident
575
-
3 663
-
total
7 014
-
20 156
-
Corporate
198 073
239 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

178 266
215 550
-
-
total
178 266
215 550
-
-
Dividends
19 807
23 950
-
-
withholding
3 764
4 550
-
-
total
3 764
4 550
-
-
Income
239 500
239 500
239 500
239 500
Total tax
201 581
220 100
107 239
75 999
After tax
37 919
19 400
132 261
163 501
Living cost
21 877
21 877
21 877
21 877
Free-cash
16 042
-2 477
110 384
141 624

Estimated living cost  is ₽21877 per week

₽15924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽79304
₽106739
₽107449
₽110573
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
239 500
national
-
-
-
48 164
health
-
-
-
3 267
municipal
-
-
-
42 522
total
-
-
-
93 953
Employee
53 181
-
201 480
-
municipal
8 711
-
32 791
-
health
397
-
2 682
-
national
879
-
31 273
-
pensions
3 589
-
13 600
-
unemployment
798
-
3 023
-
total
14 374
-
83 369
-
Employer
53 181
-
201 480
-
unemployment
345
-
1 310
-
pensions
9 226
-
34 957
-
health
409
-
1 552
-
accident
54
-
201
-
total
10 034
-
38 020
-
Corporate
176 285
239 500
-
-
income
35 256
47 899
-
-
total
35 256
47 899
-
-
Dividends

Finish residents use 75% of income from dividends as a base for income tax.

105 772
143 701
-
-
municipal
19 038
25 867
-
-
national
11 417
19 477
-
-
total
30 455
45 344
-
-
Income
239 500
239 500
239 500
239 500
Total tax
90 119
93 243
121 389
93 953
After tax
149 381
146 257
118 111
145 547
Living cost
38 808
38 808
38 808
38 808
Free-cash
110 573
107 449
79 304
106 739

Estimated living cost  is ₽38808 per week

₽25349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽135278
₽137217
₽151113
₽145613
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
social contributions
-
-
-
16 354
income
-
-
-
56 418
health
-
-
-
6 108
total
-
-
-
78 880
Employee
77 726
77 726
226 606
-
social contributions
2 939
6 451
8 701
-
income
8 463
7 195
55 372
-
health
602
1 322
3 852
-
total
12 004
14 968
67 925
-
Employer
77 726
77 726
226 606
-
health
654
1 439
4 193
-
social contributions
2 939
6 451
8 701
-
total
3 593
7 890
12 894
-
Corporate
200 500
153 884
-
-
income
25 063
19 236
-
-
total
25 063
19 236
-
-
Dividends
175 437
134 649
-
-
withholding
29 824
22 890
-
-
total
29 824
22 890
-
-
Income
239 500
239 500
239 500
239 500
Total tax
70 484
64 984
80 819
78 880
After tax
169 016
174 516
158 681
160 620
Living cost
23 403
23 403
23 403
23 403
Free-cash
145 613
151 113
135 278
137 217

Estimated living cost  is ₽23403 per week

₽14026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽168187
₽188460
₽182282
₽177139
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
239 500
income
-
-
-
24 875
health
-
-
-
3 658
unemployment
-
-
-
29
pensions
-
-
-
6 430
total
-
-
-
34 992
Employee

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

23 201
-
229 621
-
income
1 586
-
22 368
-
health
1 972
-
8 152
-
pensions
3 480
-
14 386
-
unemployment
115
-
480
-
total
7 153
-
45 386
-
Employer

We use the last available minimum wage (€288,05 per month) as a minimum base for social contributions.

23 201
-
229 621
-
unemployment
115
-
480
-
pensions
1 276
-
5 275
-
health
997
-
4 124
-
total
2 388
-
9 879
-
Corporate
213 910
239 500
-
-
income
19 253
21 555
-
-
total
19 253
21 555
-
-
Dividends
194 658
217 945
-
-
withholding
17 519
19 615
-
-
total
17 519
19 615
-
-
Income
239 500
239 500
239 500
239 500
Total tax
46 313
41 170
55 265
34 992
After tax
193 187
198 330
184 235
204 508
Living cost
16 048
16 048
16 048
16 048
Free-cash
177 139
182 282
168 187
188 460

Estimated living cost  is ₽16048 per week

₽10239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽101682
₽105923
₽131105
₽126642
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
accident
-
-
-
844
income
-
-
-
77 674
unemployment
-
-
-
656
other
-
-
-
94
pensions
-
-
-
26 513
total
-
-
-
105 781
Employee
37 375
-
209 632
-
income
7 206
-
74 204
-
pensions
1 757
-
4 404
-
unemployment
579
-
1 452
-
other
36
-
94
-
total
9 578
-
80 154
-
Employer
37 375
-
209 632
-
other
299
-
750
-
unemployment
2 056
-
5 152
-
pensions
8 820
-
22 111
-
accident
740
-
1 855
-
total
11 915
-
29 868
-
Corporate
190 209
239 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

28 531
35 926
-
-
total
28 531
35 926
-
-
Dividends
161 678
203 574
-
-
withholding
35 038
44 673
-
-
total
35 038
44 673
-
-
Income
239 500
239 500
239 500
239 500
Total tax
85 062
80 599
110 022
105 781
After tax
154 438
158 901
129 478
133 719
Living cost
27 796
27 796
27 796
27 796
Free-cash
126 642
131 105
101 682
105 923

Estimated living cost  is ₽27796 per week

₽18762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽152852
₽152972
₽147745
₽147466
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
income
-
-
-
82 683
health
-
-
-
900
pensions
-
-
-
1 242
total
-
-
-
84 825
Employee
2 593
-
238 103
-
income
502
-
82 617
-
health
130
-
310
-
pensions
233
-
559
-
unemployment
26
-
62
-
total
891
-
83 548
-
Employer
2 593
-
238 103
-
unemployment
52
-
124
-
pensions
285
-
683
-
health
246
-
590
-
total
583
-
1 397
-
Corporate
236 323
239 500
-
-
income
51 991
52 690
-
-
total
51 991
52 690
-
-
Dividends
184 332
186 810
-
-
withholding
36 866
37 362
-
-
total
36 866
37 362
-
-
Income
239 500
239 500
239 500
239 500
Total tax
90 331
90 052
84 945
84 825
After tax
149 169
149 448
154 555
154 675
Living cost
1 703
1 703
1 703
1 703
Free-cash
147 466
147 745
152 852
152 972

Estimated living cost  is ₽1703 per week

₽1012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽138173
₽138174
₽155577
₽150610
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
239 500
income
-
-
-
55 657
health
-
-
-
7 686
unemployment
-
-
-
1 119
pensions
-
-
-
19 402
total
-
-
-
83 864
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

26 332
-
226 142
-
income
3 630
-
55 657
-
health
1 356
-
3 843
-
pensions
3 686
-
10 447
-
unemployment
197
-
560
-
total
8 869
-
70 507
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

26 332
-
226 142
-
unemployment
197
-
560
-
pensions
3 160
-
8 955
-
health
1 356
-
3 843
-
total
4 713
-
13 358
-
Corporate
208 454
239 500
-
-
income
31 268
35 925
-
-
total
31 268
35 925
-
-
Dividends
177 186
203 575
-
-
withholding
26 578
30 536
-
-
total
26 578
30 536
-
-
Income
239 500
239 500
239 500
239 500
Total tax
71 428
66 461
83 865
83 864
After tax
168 072
173 039
155 635
155 636
Living cost
17 462
17 462
17 462
17 462
Free-cash
150 610
155 577
138 173
138 174

Estimated living cost  is ₽17462 per week

₽11757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽77915
₽97069
₽108977
₽108611
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
239 500
social contributions

Social contributions in Portugal are calculated from the total income before any reductions apply.

-
-
-
83 226
income
-
-
-
31 954
surtax
-
-
-
-
total
-
-
-
115 180
Employee
39 232
-
193 534
-
social contributions
4 316
-
21 288
-
income
7 666
-
66 612
-
surtax
-
-
470
-
total
11 982
-
88 370
-
Employer
39 232
-
193 534
-
social contributions
9 317
-
45 964
-
total
9 317
-
45 964
-
Corporate
190 952
239 500
-
-
surtax
-
-
-
-
income
40 100
50 295
-
-
total
40 100
50 295
-
-
Dividends
150 852
189 205
-
-
withholding
42 239
52 977
-
-
total
42 239
52 977
-
-
Income
239 500
239 500
239 500
239 500
Total tax
103 638
103 272
134 334
115 180
After tax
135 862
136 228
105 166
124 320
Living cost
27 251
27 251
27 251
27 251
Free-cash
108 611
108 977
77 915
97 069

Estimated living cost  is ₽27251 per week

₽19301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽93954
₽98195
₽123377
₽116763
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
accident
-
-
-
844
income
-
-
-
77 674
unemployment
-
-
-
656
other
-
-
-
94
pensions
-
-
-
26 513
total
-
-
-
105 781
Employee
48 817
-
209 632
-
income
10 196
-
74 204
-
pensions
2 294
-
4 404
-
unemployment
756
-
1 452
-
other
48
-
94
-
total
13 294
-
80 154
-
Employer
48 817
-
209 632
-
other
391
-
750
-
unemployment
2 685
-
5 152
-
pensions
11 521
-
22 111
-
accident
967
-
1 855
-
total
15 564
-
29 868
-
Corporate
175 119
239 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

26 268
35 926
-
-
total
26 268
35 926
-
-
Dividends
148 851
203 574
-
-
withholding
32 087
44 673
-
-
total
32 087
44 673
-
-
Income
239 500
239 500
239 500
239 500
Total tax
87 213
80 599
110 022
105 781
After tax
152 287
158 901
129 478
133 719
Living cost
35 524
35 524
35 524
35 524
Free-cash
116 763
123 377
93 954
98 195

Estimated living cost  is ₽35524 per week

₽25512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2762
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽187084
₽177012
₽187548
₽181446
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
income
-
-
-
35 925
health
-
-
-
4 022
unemployment
-
-
-
140
pensions

Individual pension and social contributions account is optional for those who entered the labor force after 31 December, 2014.

-
-
-
5 176
total
-
-
-
45 263
Employee
22 808
-
232 638
-
income
2 281
-
23 264
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
health
1 049
-
1 609
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

2 002
-
3 071
-
total
5 583
-
28 329
-
Employer
22 808
-
232 638
-
unemployment
137
-
210
-
pensions

19.8% for people born before 1 January, 1960; and 14.8% for those born after 31 December, 1959.

2 513
-
3 854
-
health
1 574
-
2 413
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
total
4 475
-
6 862
-
Corporate
212 217
239 500
-
-
income
21 221
23 950
-
-
total
21 221
23 950
-
-
Dividends
190 996
215 550
-
-
withholding
9 550
10 777
-
-
total
9 550
10 777
-
-
Income
239 500
239 500
239 500
239 500
Total tax
40 829
34 727
35 191
45 263
After tax
198 671
204 773
204 309
194 237
Living cost
17 225
17 225
17 225
17 225
Free-cash
181 446
187 548
187 084
177 012

Estimated living cost  is ₽17225 per week

₽11392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽108279
₽80655
₽84134
₽97354
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

-
-
-
239 500
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

-
-
-
80 846
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 905
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

-
-
-
4 446
trade
-
-
-
27 624
total
-
-
-
119 821
Employee

Pension contribution is not mandatory for self-employed except for writers, artists and musicians who should pay standard rates to Künstlersozialkasse.

50 294
-
239 500
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

4 136
-
80 846
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

228
-
4 446
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 905
-
6 905
-
total
11 269
-
92 197
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 206
239 500
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 561
1 976
-
-
income
28 382
35 926
-
-
chamber of commerce
432
504
-
-
trade
27 152
34 368
-
-
total
57 527
72 774
-
-
Dividends
131 680
166 726
-
-
withholding
32 536
41 297
-
-
surtax

Solidarity surcharge is an additional fee on income tax, capital gains tax and corporate tax. It is justified by the cost of German reunification.

1 790
2 271
-
-
total
34 326
43 568
-
-
Income
239 500
239 500
239 500
239 500
Total tax
103 122
116 342
92 197
119 821
After tax
136 378
123 158
147 303
119 679
Living cost
39 024
39 024
39 024
39 024
Free-cash
97 354
84 134
108 279
80 655

Estimated living cost  is ₽39024 per week

₽26920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4199
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽61446
₽61446
₽110071
₽112301
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
income
-
-
-
79 093
social contributions
-
-
-
41 381
total
-
-
-
120 474
Employee
79 067
-
239 500
-
social contributions
6 569
-
41 381
-
income
14 920
-
79 093
-
total
21 489
-
120 474
-
Employer
79 067
-
239 500
-
total
-
-
-
-
Corporate
160 433
239 500
-
-
income
20 055
29 937
-
-
total
20 055
29 937
-
-
Dividends
140 378
209 563
-
-
withholding
28 075
41 912
-
-
total
28 075
41 912
-
-
Income
239 500
239 500
239 500
239 500
Total tax
69 619
71 849
120 474
120 474
After tax
169 881
167 651
119 026
119 026
Living cost
57 580
57 580
57 580
57 580
Free-cash
112 301
110 071
61 446
61 446

Estimated living cost  is ₽57580 per week

₽43806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽129847
₽160682
₽113643
₽117175
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
239 500
income
-
-
-
35 926
health

This is an average price for a private worldwide health insurance. The price will vary depending on your age and health condition.

-
-
-
6 200
total
-
-
-
42 126
Employee
46 370
-
234 850
-
social contributions
4 646
-
4 650
-
income
5 031
-
63 661
-
total
9 677
-
68 311
-
Employer
46 370
-
234 850
-
social contributions
4 646
-
4 650
-
total
4 646
-
4 650
-
Corporate
188 484
239 500
-
-
income
65 970
83 825
-
-
total
65 970
83 825
-
-
Dividends
122 514
155 675
-
-
social contributions
5 340
5 340
-
-
total
5 340
5 340
-
-
Income
239 500
239 500
239 500
239 500
Total tax
85 633
89 165
72 961
42 126
After tax
153 867
150 335
166 539
197 374
Living cost
36 692
36 692
36 692
36 692
Free-cash
117 175
113 643
129 847
160 682

Estimated living cost  is ₽36692 per week

₽24169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽95214
₽116557
₽112525
₽118535
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
income
-
-
-
74 897
pensions
-
-
-
10 346
total
-
-
-
85 243
Employee
51 749
-
208 653
-
income
9 424
-
60 669
-
health
675
-
2 790
-
pensions
3 950
-
12 281
-
total
14 049
-
75 740
-
Employer
51 749
-
208 653
-
pensions
5 228
-
26 881
-
health
984
-
3 965
-
total
6 212
-
30 846
-
Corporate
181 540
239 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

34 492
45 505
-
-
total
34 492
45 505
-
-
Dividends
147 047
193 995
-
-
withholding
28 512
43 770
-
-
total
28 512
43 770
-
-
Income
239 500
239 500
239 500
239 500
Total tax
83 265
89 275
106 586
85 243
After tax
156 235
150 225
132 914
154 257
Living cost
37 700
37 700
37 700
37 700
Free-cash
118 535
112 525
95 214
116 557

Estimated living cost  is ₽37700 per week

₽25862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
₽108218
₽139458
-₽4643
₽15710
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
accident
-
-
-
255
income
-
-
-
68 970
health
-
-
-
2 201
other
-
-
-
374
pensions
-
-
-
4 199
total
-
-
-
75 999
Employee
37 820
-
219 344
-
income
5 189
-
54 268
-
health
4 330
-
25 115
-
pensions
4 259
-
7 700
-
total
13 778
-
87 083
-
Employer
37 820
-
219 344
-
unemployment
926
-
5 374
-
pensions
6 149
-
11 119
-
accident
632
-
3 663
-
total
7 707
-
20 156
-
Corporate
193 973
239 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

174 576
215 550
-
-
total
174 576
215 550
-
-
Dividends
19 397
23 950
-
-
withholding
3 686
4 550
-
-
total
3 686
4 550
-
-
Income
239 500
239 500
239 500
239 500
Total tax
199 747
220 100
107 239
75 999
After tax
39 753
19 400
132 261
163 501
Living cost
24 043
24 043
24 043
24 043
Free-cash
15 710
-4 643
108 218
139 458

Estimated living cost  is ₽24043 per week

₽17644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽163213
₽140992
₽169569
₽166512
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
239 500
health insurance
-
-
-
11 959
income
-
-
-
40 418
work injury
-
-
-
808
unemployment
-
-
-
1 939
pensions
-
-
-
29 735
total
-
-
-
84 859
Employee

Minimal social contribution is 50% of an average salary to a maximum of six average salaries.

21 839
-
239 500
-
work injury
109
-
404
-
income
2 184
-
40 418
-
health insurance
1 616
-
5 979
-
pensions
4 018
-
14 867
-
unemployment
262
-
970
-
total
8 189
-
62 638
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
217 661
239 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

21 766
23 950
-
-
total
21 766
23 950
-
-
Dividends
195 895
215 550
-
-
withholding
29 384
32 332
-
-
total
29 384
32 332
-
-
Income
239 500
239 500
239 500
239 500
Total tax
59 339
56 282
62 638
84 859
After tax
180 161
183 218
176 862
154 641
Living cost
13 649
13 649
13 649
13 649
Free-cash
166 512
169 569
163 213
140 992

Estimated living cost  is ₽13649 per week

₽8456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽64554
₽72859
₽85883
₽81286
S + D Salary + Dividends

Salary + Dividends. A combination of a fixed monthly income with a bonus at the end of the year.

Dividends

Dividends. A single payment made annually out of accumulated profits.

Salary

Salary. A fixed monthly income you pay yourself to cover your living expenses.

Sole trader

Sole trader. You're running your business as an individual with an unlimited responsibility

Sole trader
-
-
-
239 500
social contributions
-
-
-
50 590
national
-
-
-
68 130
regional
-
-
-
5 953
municipal
-
-
-
1 700
total
-
-
-
126 373
Employee
85 177
-
239 500
-
social contributions
28 721
-
66 325
-
municipal
508
-
1 559
-
regional
1 286
-
5 429
-
national
14 394
-
61 365
-
total
44 909
-
134 678
-
Employer
85 177
-
239 500
-
total
-
-
-
-
Corporate
154 323
239 500
-
-
nationa
37 038
57 481
-
-
municipal
7 439
11 544
-
-
total
44 477
69 025
-
-
Dividends
109 846
170 476
-
-
withholding
28 560
44 324
-
-
total
28 560
44 324
-
-
Income
239 500
239 500
239 500
239 500
Total tax
117 946
113 349
134 678
126 373
After tax
121 554
126 151
104 822
113 127
Living cost
40 268
40 268
40 268
40 268
Free-cash
81 286
85 883
64 554
72 859

Estimated living cost  is ₽40268 per week

₽28286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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