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
₽90125
₽101291
₽86381
₽116713
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
trade
-
-
-
30 332
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.

-
-
-
80 877
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.

-
-
-
6 894
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.

-
-
-
4 449
total
-
-
-
122 552
Employee

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

38 599
-
239 500
-
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.

6 894
-
6 894
-
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
-
4 449
-
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.

1 078
-
80 877
-
total
8 031
-
92 220
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
200 901
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
30 134
35 926
-
-
trade
31 642
37 722
-
-
chamber of commerce
442
498
-
-
total
63 875
76 122
-
-
Dividends
137 026
163 378
-
-
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
-
-
withholding
33 873
40 461
-
-
total
35 736
42 686
-
-
Income
239 500
239 500
239 500
239 500
Total tax
107 642
118 808
92 220
122 552
After tax
131 858
120 692
147 280
116 948
Living cost
30 567
30 567
30 567
30 567
Free-cash
101 291
90 125
116 713
86 381

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
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.
₽7205
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
₽98454
₽97606
₽84483
₽85767
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
municipal
-
-
-
26 678
pensions
-
-
-
28 740
national
-
-
-
46 030
social contributions
-
-
-
2 575
total
-
-
-
104 023
Employee
79 050
-
207 046
-
municipal
9 764
-
27 606
-
pensions
3 162
-
8 282
-
national
15 130
-
48 061
-
total
28 056
-
83 949
-
Employer
79 050
-
207 046
-
social contributions
850
-
2 226
-
pensions
6 324
-
16 564
-
total
7 174
-
18 790
-
Corporate
148 059
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%.

29 612
47 900
-
-
total
29 612
47 900
-
-
Dividends
118 447
191 600
-
-
withholding
26 058
42 152
-
-
total
26 058
42 152
-
-
Income
239 500
239 500
239 500
239 500
Total tax
90 900
90 052
102 739
104 023
After tax
148 600
149 448
136 761
135 477
Living cost
50 994
50 994
50 994
50 994
Free-cash
97 606
98 454
85 767
84 483

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
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.
₽10830
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
₽170604
₽162328
₽66957
₽83788
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
microenterprise
-
-
-
-
income
-
-
-
51 809
surtax
-
-
-
61 073
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.

-
-
-
38 666
total
-
-
-
151 548
Employee
29 489
-
189 663
-
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.

3 244
-
13 230
-
surtax
-
-
27 501
-
income
5 249
-
44 149
-
total
8 493
-
84 880
-
Employer
29 489
-
189 663
-
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.

7 103
-
28 974
-
surtax
-
-
20 863
-
total
7 103
-
49 837
-
Corporate
202 908
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%.

40 581
47 901
-
-
total
40 581
47 901
-
-
Dividends

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

162 327
191 599
-
-
total
-
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
56 177
47 901
134 717
151 548
After tax
183 323
191 599
104 783
87 952
Living cost
20 995
20 995
20 995
20 995
Free-cash
162 328
170 604
83 788
66 957

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
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.
₽5125
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
₽77221
₽71038
₽85652
₽110874
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
-
-
-
87 304
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
111 572
Employee
86 180
86 180
220 745
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
43 327
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
67 595
-
Employer
86 180
86 180
220 745
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 456
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 755
-
Corporate
139 286
138 229
-
-
income
27 857
27 647
-
-
total
27 857
27 647
-
-
Dividends
111 429
110 582
-
-
income
23 678
23 498
-
-
withholding
16 715
16 587
-
-
total
40 393
40 085
-
-
Income
239 500
239 500
239 500
239 500
Total tax
126 186
120 003
86 350
111 572
After tax
113 314
119 497
153 150
127 928
Living cost
42 276
42 276
42 276
42 276
Free-cash
71 038
77 221
110 874
85 652

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
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.
₽7833
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
₽91775
₽90900
₽79834
₽78887
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
municipal
-
-
-
64 036
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
31 881
total
-
-
-
120 674
Employee
55 560
-
212 650
-
municipal
16 568
-
63 412
-
national
-
-
31 358
-
total
16 568
-
94 770
-
Employer
55 560
-
212 650
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
166 483
239 500
-
-
income
36 626
52 690
-
-
total
36 626
52 690
-
-
Dividends
129 857
186 810
-
-
withholding
38 957
56 043
-
-
total
38 957
56 043
-
-
Income
239 500
239 500
239 500
239 500
Total tax
109 608
108 733
121 621
120 674
After tax
129 892
130 767
117 879
118 826
Living cost
38 992
38 992
38 992
38 992
Free-cash
90 900
91 775
78 887
79 834

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
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.
₽8731
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
₽79816
₽93999
₽75955
₽107635
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
trade
-
-
-
31 680
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.

-
-
-
80 877
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.

-
-
-
6 894
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.

-
-
-
4 449
total
-
-
-
123 900
Employee

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

51 178
-
239 500
-
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.

6 894
-
6 894
-
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.

241
-
4 449
-
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.

4 397
-
80 877
-
total
11 532
-
92 220
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
188 322
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.

1 553
1 976
-
-
income
28 248
35 926
-
-
trade
30 979
39 398
-
-
chamber of commerce
421
494
-
-
total
61 201
77 794
-
-
Dividends
127 121
161 706
-
-
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.

1 727
2 202
-
-
withholding
31 396
40 043
-
-
total
33 123
42 245
-
-
Income
239 500
239 500
239 500
239 500
Total tax
105 856
120 039
92 220
123 900
After tax
133 644
119 461
147 280
115 600
Living cost
39 645
39 645
39 645
39 645
Free-cash
93 999
79 816
107 635
75 955

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
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.
₽8358
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
₽141781
₽137598
₽127874
₽125934
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
-
-
-
56 458
health
-
-
-
6 107
social contributions
-
-
-
16 328
total
-
-
-
78 893
Employee
77 601
77 601
226 621
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
3 853
-
income
8 149
7 184
55 414
-
total
12 692
14 945
67 954
-
Employer
77 601
77 601
226 621
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
4 192
-
total
4 612
7 877
12 879
-
Corporate
189 464
154 022
-
-
income
23 682
19 253
-
-
total
23 682
19 253
-
-
Dividends
165 782
134 769
-
-
withholding
28 183
22 911
-
-
total
28 183
22 911
-
-
Income
239 500
239 500
239 500
239 500
Total tax
69 169
64 986
80 833
78 893
After tax
170 331
174 514
158 667
160 607
Living cost
32 733
32 733
32 733
32 733
Free-cash
137 598
141 781
125 934
127 874

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
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.
₽7251
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
₽116074
₽116455
₽147577
₽120504
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
pensions
-
-
-
23 950
unemployment
-
-
-
3 593
health
-
-
-
16 765
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.

26 469
10 534
200 418
-
health
1 853
737
14 029
-
income
3 236
1 288
24 501
-
pensions
2 647
1 053
20 042
-
unemployment
397
158
3 006
-
total
8 133
3 236
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.

26 469
10 534
200 418
-
pensions
5 161
2 054
39 082
-
total
5 161
2 054
39 082
-
Corporate
207 870
226 912
-
-
income
18 708
20 422
-
-
total
18 708
20 422
-
-
Dividends
189 162
206 490
-
-
social contributions
36 766
40 145
-
-
withholding
35 941
39 233
-
-
total
72 707
79 378
-
-
Income
239 500
239 500
239 500
239 500
Total tax
104 709
105 090
100 660
73 587
After tax
134 791
134 410
138 840
165 913
Living cost
18 336
18 336
18 336
18 336
Free-cash
116 455
116 074
120 504
147 577

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
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.
₽3957
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
₽167224
₽160956
₽103997
₽113672
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
pensions
-
-
-
47 899
health
-
-
-
31 136
total
-
-
-
111 128
Employee
28 629
-
178 996
-
income
3 223
-
34 510
-
pensions
573
-
3 579
-
unemployment
458
-
2 863
-
total
4 254
-
40 952
-
Employer
28 629
-
178 996
-
unemployment
230
-
1 433
-
pensions
5 726
-
35 799
-
health
3 721
-
23 269
-
total
9 677
-
60 501
-
Corporate
201 194
239 500
-
-
income
40 238
47 901
-
-
total
40 238
47 901
-
-
Dividends
160 956
191 599
-
-
total
-
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
54 169
47 901
101 453
111 128
After tax
185 331
191 599
138 047
128 372
Living cost
24 375
24 375
24 375
24 375
Free-cash
160 956
167 224
113 672
103 997

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
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.
₽5715
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
-₽2673
₽16014
₽141426
₽110226
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
-
-
-
253
income
-
-
-
69 015
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
76 002
Employee
34 721
-
219 407
-
health
3 975
-
25 122
-
income
4 763
-
54 333
-
pensions
3 910
-
7 654
-
total
12 648
-
87 109
-
Employer
34 721
-
219 407
-
accident
580
-
3 664
-
unemployment
851
-
5 376
-
pensions
5 646
-
11 053
-
total
7 077
-
20 093
-
Corporate
197 703
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.

177 933
215 550
-
-
total
177 933
215 550
-
-
Dividends
19 770
23 950
-
-
withholding
3 756
4 551
-
-
total
3 756
4 551
-
-
Income
239 500
239 500
239 500
239 500
Total tax
201 414
220 101
107 202
76 002
After tax
38 086
19 399
132 298
163 498
Living cost
22 072
22 072
22 072
22 072
Free-cash
16 014
-2 673
110 226
141 426

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
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.
₽4212
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
₽218445
₽216742
₽228025
₽182520
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
11 349
-
239 500
-
income
2 270
-
47 900
-
total
2 270
-
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%.

228 151
239 500
-
-
total
-
-
-
-
Dividends
228 151
239 500
-
-
withholding
11 408
11 975
-
-
total
11 408
11 975
-
-
Income
239 500
239 500
239 500
239 500
Total tax
13 678
11 975
47 900
2 395
After tax
225 822
227 525
191 600
237 105
Living cost
9 080
9 080
9 080
9 080
Free-cash
216 742
218 445
182 520
228 025

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
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.
₽2448
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
₽149069
₽142254
₽118849
₽116900
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
-
-
-
42 887
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.

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
93 760
Employee
36 642
-
200 453
-
health
513
-
2 149
-
income
6 308
-
42 236
-
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.

2 564
-
10 742
-
unemployment
366
-
1 534
-
total
9 751
-
56 661
-
Employer
36 642
-
200 453
-
accident
293
-
1 603
-
other
1 833
-
7 672
-
unemployment
366
-
1 534
-
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.

6 230
-
26 090
-
health
513
-
2 149
-
total
9 235
-
39 048
-
Corporate
193 623
239 500
-
-
income
40 662
50 295
-
-
total
40 662
50 295
-
-
Dividends
152 961
189 205
-
-
withholding
10 707
13 245
-
-
total
10 707
13 245
-
-
Income
239 500
239 500
239 500
239 500
Total tax
70 355
63 540
95 709
93 760
After tax
169 145
175 960
143 791
145 740
Living cost
26 891
26 891
26 891
26 891
Free-cash
142 254
149 069
116 900
118 849

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
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.
₽5642
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
₽82455
₽90611
₽86501
₽65163
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
-
-
-
74 940
pensions
-
-
-
10 333
total
-
-
-
85 273
Employee
95 822
-
208 649
-
health
1 579
-
2 788
-
income
17 273
-
60 713
-
pensions
9 244
-
12 262
-
total
28 096
-
75 763
-
Employer
95 822
-
208 649
-
pensions
11 314
-
26 883
-
health
1 820
-
3 965
-
total
13 134
-
30 848
-
Corporate
130 544
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.

24 802
45 505
-
-
total
24 802
45 505
-
-
Dividends
105 742
193 995
-
-
withholding
15 131
43 814
-
-
total
15 131
43 814
-
-
Income
239 500
239 500
239 500
239 500
Total tax
81 163
89 319
106 611
85 273
After tax
158 337
150 181
132 889
154 227
Living cost
67 726
67 726
67 726
67 726
Free-cash
90 611
82 455
65 163
86 501

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
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.
₽8470
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
₽191534
₽186843
₽180919
₽190975
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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
45 342
Employee
17 531
-
232 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
23 258
-
pensions

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

1 539
-
3 097
-
total
4 291
-
28 365
-
Employer
17 531
-
232 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
218 529
239 500
-
-
income
21 853
23 950
-
-
total
21 853
23 950
-
-
Dividends
196 676
215 550
-
-
withholding
9 834
10 777
-
-
total
9 834
10 777
-
-
Income
239 500
239 500
239 500
239 500
Total tax
39 418
34 727
35 286
45 342
After tax
200 082
204 773
204 214
194 158
Living cost
13 239
13 239
13 239
13 239
Free-cash
186 843
191 534
190 975
180 919

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
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.
₽4214
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
₽63536
₽66072
₽71967
₽97189
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
-
-
-
87 304
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
111 572
Employee
93 564
86 180
220 745
-
health
11 673
11 251
12 444
-
income

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

14 106
14 106
43 327
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
67 595
-
Employer
93 564
86 180
220 745
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 456
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 755
-
Corporate
129 554
138 229
-
-
income
25 911
27 647
-
-
total
25 911
27 647
-
-
Dividends
103 643
110 582
-
-
income
22 024
23 498
-
-
withholding
15 547
16 587
-
-
total
37 571
40 085
-
-
Income
239 500
239 500
239 500
239 500
Total tax
117 467
120 003
86 350
111 572
After tax
122 033
119 497
153 150
127 928
Living cost
55 961
55 961
55 961
55 961
Free-cash
66 072
63 536
97 189
71 967

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
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.
₽9041
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
₽140725
₽132103
₽118629
₽107945
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
-
-
-
25 858
health
-
-
-
32 332
solidarity contribution
-
-
-
3 729
social contributions
-
-
-
34 781
total
-
-
-
96 700
Employee
35 546
-
192 405
-
social contributions
2 310
-
7 742
-
health
4 799
-
25 975
-
solidarity contribution
-
-
2 770
-
income
4 265
-
23 803
-
total
11 374
-
60 290
-
Employer
35 546
-
192 405
-
social contributions
8 886
-
29 778
-
health
3 199
-
17 316
-
total
12 085
-
47 094
-
Corporate
191 869
239 500
-
-
income
36 455
45 505
-
-
total
36 455
45 505
-
-
Dividends
155 414
193 995
-
-
withholding
23 312
29 099
-
-
total
23 312
29 099
-
-
Income
239 500
239 500
239 500
239 500
Total tax
83 226
74 604
107 384
96 700
After tax
156 274
164 896
132 116
142 800
Living cost
24 171
24 171
24 171
24 171
Free-cash
132 103
140 725
107 945
118 629

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
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.
₽5187
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
₽85200
₽79931
₽73622
₽65065
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
municipal
-
-
-
1 511
regional
-
-
-
3 088
national
-
-
-
68 186
social contributions
-
-
-
50 509
total
-
-
-
123 294
Employee
89 690
-
239 500
-
social contributions
30 243
-
66 219
-
regional
846
-
2 814
-
municipal
475
-
1 387
-
national
15 541
-
61 431
-
total
47 105
-
131 851
-
Employer
89 690
-
239 500
-
total
-
-
-
-
Corporate
149 810
239 500
-
-
nationa
35 954
57 480
-
-
municipal
5 843
9 340
-
-
total
41 797
66 820
-
-
Dividends
108 013
172 680
-
-
withholding
28 083
44 896
-
-
total
28 083
44 896
-
-
Income
239 500
239 500
239 500
239 500
Total tax
116 985
111 716
131 851
123 294
After tax
122 515
127 784
107 649
116 206
Living cost
42 584
42 584
42 584
42 584
Free-cash
79 931
85 200
65 065
73 622

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
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.
₽9453
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
₽128377
₽125236
₽90251
₽84080
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
-
-
-
77 074
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
13 176
total
-
-
-
126 980
Employee
33 373
-
211 149
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
11 969
-
income
5 594
-
71 039
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
104 800
-
Employer
33 373
-
211 149
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
199 102
239 500
-
-
income
51 767
62 270
-
-
total
51 767
62 270
-
-
Dividends
147 335
177 230
-
-
withholding
22 100
26 584
-
-
total
22 100
26 584
-
-
Income
239 500
239 500
239 500
239 500
Total tax
91 995
88 854
133 151
126 980
After tax
147 505
150 646
106 349
112 520
Living cost
22 269
22 269
22 269
22 269
Free-cash
125 236
128 377
84 080
90 251

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
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.
₽6084
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
₽103912
₽110601
₽107958
₽86620
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
-
-
-
74 940
pensions
-
-
-
10 333
total
-
-
-
85 273
Employee
64 218
-
208 649
-
health
932
-
2 788
-
income
11 566
-
60 713
-
pensions
5 451
-
12 262
-
total
17 949
-
75 763
-
Employer
64 218
-
208 649
-
pensions
6 952
-
26 883
-
health
1 220
-
3 965
-
total
8 172
-
30 848
-
Corporate
167 111
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.

31 752
45 505
-
-
total
31 752
45 505
-
-
Dividends
135 359
193 995
-
-
withholding
24 757
43 814
-
-
total
24 757
43 814
-
-
Income
239 500
239 500
239 500
239 500
Total tax
82 630
89 319
106 611
85 273
After tax
156 870
150 181
132 889
154 227
Living cost
46 269
46 269
46 269
46 269
Free-cash
110 601
103 912
86 620
107 958

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽7652
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
₽33242
₽65878
₽112582
₽104741
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
pensions
-
-
-
22 035
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
regional
-
-
-
13 850
health
-
-
-
539
national
-
-
-
6 905
total
-
-
-
50 644
Employee
89 260
-
215 935
-
city
958
-
2 341
-
regional
2 923
-
12 404
-
health
202
-
486
-
pensions
7 499
-
16 383
-
unemployment
-
-
-
-
national
422
-
5 682
-
total
12 004
-
37 296
-
Employer
89 260
-
215 935
-
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.

1 785
-
4 320
-
unemployment
-
-
-
-
pensions
7 499
-
16 383
-
health
202
-
486
-
total
9 486
-
21 189
-
Corporate
139 773
239 500
-
-
regional
29 561
50 654
-
-
national
11 881
20 358
-
-
total
41 442
71 012
-
-
Dividends
98 331
168 489
-
-
withholding
34 416
58 972
-
-
total
34 416
58 972
-
-
Income
239 500
239 500
239 500
239 500
Total tax
97 348
129 984
58 485
50 644
After tax
142 152
109 516
181 015
188 856
Living cost
76 274
76 274
76 274
76 274
Free-cash
65 878
33 242
104 741
112 582

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
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.
₽18893
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
₽71999
₽88365
₽68021
₽101049
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
trade
-
-
-
33 028
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.

-
-
-
80 877
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.

-
-
-
6 894
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.

-
-
-
4 449
total
-
-
-
125 248
Employee

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

60 650
-
239 500
-
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.

6 894
-
6 894
-
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
-
4 449
-
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.

7 132
-
80 877
-
total
14 419
-
92 220
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 850
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
26 827
35 926
-
-
trade
30 672
41 073
-
-
chamber of commerce
404
490
-
-
total
59 378
79 465
-
-
Dividends
119 472
160 034
-
-
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.

1 622
2 179
-
-
withholding
29 485
39 626
-
-
total
31 107
41 805
-
-
Income
239 500
239 500
239 500
239 500
Total tax
104 904
121 270
92 220
125 248
After tax
134 596
118 230
147 280
114 252
Living cost
46 231
46 231
46 231
46 231
Free-cash
88 365
71 999
101 049
68 021

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
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.
₽8168
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
₽86182
₽92144
₽95449
₽87642
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
-
-
-
46 399
pensions
-
-
-
36 822
other
-
-
-
7 425
health
-
-
-
12 054
surtax
-
-
-
-
social contributions
-
-
-
6 824
total
-
-
-
109 524
Employee
43 191
-
182 139
-
social contributions
1 231
-
5 190
-
surtax
-
-
-
-
income
2 549
-
40 778
-
pensions
4 884
-
14 000
-
total
8 664
-
59 968
-
Employer
43 191
-
182 139
-
other
1 490
-
7 675
-
social contributions
130
-
546
-
unemployment
1 748
-
7 377
-
pensions
7 095
-
23 331
-
health
3 024
-
18 434
-
total
13 487
-
57 363
-
Corporate
182 820
239 500
-
-
surtax
-
-
-
-
income
51 189
67 060
-
-
total
51 189
67 060
-
-
Dividends
131 631
172 440
-
-
surtax
-
-
-
-
social contributions
22 640
29 659
-
-
withholding
16 849
22 072
-
-
total
39 489
51 731
-
-
Income
239 500
239 500
239 500
239 500
Total tax
112 829
118 791
117 331
109 524
After tax
126 671
120 709
122 169
129 976
Living cost
34 527
34 527
34 527
34 527
Free-cash
92 144
86 182
87 642
95 449

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
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.
₽9363
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
₽89602
₽95206
₽98869
₽91062
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
-
-
-
46 399
pensions
-
-
-
36 822
other
-
-
-
7 425
health
-
-
-
12 054
surtax
-
-
-
-
social contributions
-
-
-
6 824
total
-
-
-
109 524
Employee
38 554
-
182 139
-
social contributions
1 099
-
5 190
-
surtax
-
-
-
-
income
1 988
-
40 778
-
pensions
4 361
-
14 000
-
total
7 448
-
59 968
-
Employer
38 554
-
182 139
-
other
1 331
-
7 675
-
social contributions
115
-
546
-
unemployment
1 561
-
7 377
-
pensions
6 335
-
23 331
-
health
2 698
-
18 434
-
total
12 040
-
57 363
-
Corporate
188 905
239 500
-
-
surtax
-
-
-
-
income
52 894
67 060
-
-
total
52 894
67 060
-
-
Dividends
136 012
172 440
-
-
surtax
-
-
-
-
social contributions
23 395
29 659
-
-
withholding
17 410
22 072
-
-
total
40 805
51 731
-
-
Income
239 500
239 500
239 500
239 500
Total tax
113 187
118 791
117 331
109 524
After tax
126 313
120 709
122 169
129 976
Living cost
31 107
31 107
31 107
31 107
Free-cash
95 206
89 602
91 062
98 869

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
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 Marseille model

Close
Vilnius , Lithuania
₽124717
₽125239
₽132407
₽125655
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
-
-
-
35 926
health
-
-
-
16 717
social contributions
-
-
-
33 051
total
-
-
-
85 694
Employee
34 217
-
239 500
-
social contributions
4 723
-
33 051
-
health
2 388
-
16 717
-
income
5 707
-
42 678
-
total
12 818
-
92 446
-
Employer
34 217
-
239 500
-
total
-
-
-
-
Corporate
205 283
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%.

10 265
11 975
-
-
total
10 265
11 975
-
-
Dividends
195 018
227 525
-
-
health
13 613
15 882
-
-
social contributions
26 913
31 398
-
-
withholding
29 253
34 129
-
-
total
69 779
81 409
-
-
Income
239 500
239 500
239 500
239 500
Total tax
92 862
93 384
92 446
85 694
After tax
146 638
146 116
147 054
153 806
Living cost
21 399
21 399
21 399
21 399
Free-cash
125 239
124 717
125 655
132 407

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
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.
₽5265
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
₽96365
₽94804
₽86930
₽26983
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
chamber of commerce
-
-
-
958
income
-
-
-
78 834
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
117 010
Employee
50 434
40 217
199 419
-
other
504
402
1 180
-
health
1 952
1 557
4 562
-
income
5 742
2 967
66 627
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 876
10 250
87 979
-
Employer
50 434
40 217
199 419
-
accident
655
523
1 532
-
other
2 396
1 909
8 779
-
chamber of commerce
201
161
799
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
5 983
-
health
1 906
1 521
4 456
-
total
14 712
11 775
40 081
-
Corporate
174 354
187 509
195 588
-
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.

43 588
46 876
48 897
-
total
43 588
46 876
48 897
-
Dividends
130 766
140 632
-
-
withholding
35 960
38 674
-
-
total
35 960
38 674
-
-
Income
239 500
239 500
239 500
239 500
Total tax
109 136
107 575
176 957
117 010
After tax
130 364
131 925
62 543
122 490
Living cost
35 560
35 560
35 560
35 560
Free-cash
94 804
96 365
26 983
86 930

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
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.
₽8225
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
₽93937
₽81888
₽67436
₽44077
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
-
-
-
97 248
communal

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

-
-
-
12 860
social contributions
-
-
-
25 160
total
-
-
-
135 268
Employee

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

72 187
-
185 500
-
communal

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

3 765
-
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.

3 392
-
8 720
-
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.

5 414
-
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.

628
-
1 614
-
national
22 193
-
70 704
-
total
35 392
-
104 626
-
Employer

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

72 187
-
185 500
-
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.

938
-
2 413
-
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.

1 053
-
2 708
-
surtax
8 185
-
21 036
-
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.

6 396
-
16 436
-
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.

4 439
-
11 408
-
total
21 011
-
54 001
-
Corporate
146 300
239 500
-
-
surtax
586
1 044
-
-
income
29 259
52 219
-
-
total
29 845
53 263
-
-
Dividends
116 455
186 237
-
-
withholding

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

34 568
55 504
-
-
total
34 568
55 504
-
-
Income
239 500
239 500
239 500
239 500
Total tax
120 816
108 767
158 627
135 268
After tax
118 684
130 733
80 873
104 232
Living cost
36 796
36 796
36 796
36 796
Free-cash
81 888
93 937
44 077
67 436

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
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.
₽9302
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
₽122450
₽115538
₽97269
₽93034
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
-
-
-
843
income
-
-
-
77 722
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
105 785
Employee
50 235
-
209 680
-
other
50
-
94
-
income
10 599
-
74 258
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
80 199
-
Employer
50 235
-
209 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
173 253
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.

25 988
35 926
-
-
total
25 988
35 926
-
-
Dividends
147 265
203 574
-
-
withholding
31 726
44 678
-
-
total
31 726
44 678
-
-
Income
239 500
239 500
239 500
239 500
Total tax
87 516
80 604
110 020
105 785
After tax
151 984
158 896
129 480
133 715
Living cost
36 446
36 446
36 446
36 446
Free-cash
115 538
122 450
93 034
97 269

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
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.
₽6496
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
₽79695
₽65818
₽56653
₽66202
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
-
-
-
2 019
income
-
-
-
46 247
pensions
-
-
-
35 899
health
-
-
-
16 828
surtax
-
-
-
11 874
communal
-
-
-
15 137
total
-
-
-
128 004
Employee
76 425
-
213 935
-
health
3 401
-
9 520
-
surtax
4 684
-
13 111
-
income
7 382
-
53 144
-
pensions
6 113
-
17 115
-
total
21 580
-
92 890
-
Employer
76 425
-
213 935
-
accident
688
-
1 925
-
pensions
6 113
-
17 115
-
health
2 331
-
6 525
-
total
9 132
-
25 565
-
Corporate
153 944
239 500
-
-
surtax
1 616
2 515
-
-
communal
10 391
16 165
-
-
income
23 092
35 926
-
-
total
35 099
54 606
-
-
Dividends
118 844
184 894
-
-
income
35 202
22 621
-
-
withholding
17 826
27 735
-
-
total
53 028
50 356
-
-
Income
239 500
239 500
239 500
239 500
Total tax
118 839
104 962
118 455
128 004
After tax
120 661
134 538
121 045
111 496
Living cost
54 843
54 843
54 843
54 843
Free-cash
65 818
79 695
66 202
56 653

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
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.
₽9798
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
₽127979
₽124769
₽89853
₽83682
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
-
-
-
77 074
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
13 176
total
-
-
-
126 980
Employee
33 986
-
211 149
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
11 969
-
income
5 697
-
71 039
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
104 800
-
Employer
33 986
-
211 149
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
198 359
239 500
-
-
income
51 574
62 270
-
-
total
51 574
62 270
-
-
Dividends
146 785
177 230
-
-
withholding
22 018
26 584
-
-
total
22 018
26 584
-
-
Income
239 500
239 500
239 500
239 500
Total tax
92 064
88 854
133 151
126 980
After tax
147 436
150 646
106 349
112 520
Living cost
22 667
22 667
22 667
22 667
Free-cash
124 769
127 979
83 682
89 853

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
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.
₽6486
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
₽98702
₽96460
₽88272
₽79761
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
municipal
-
-
-
1 511
regional
-
-
-
3 837
national
-
-
-
68 186
social contributions
-
-
-
50 509
total
-
-
-
124 043
Employee
55 981
-
239 500
-
social contributions
18 877
-
66 219
-
regional
754
-
3 517
-
municipal
297
-
1 387
-
national
8 869
-
61 431
-
total
28 797
-
132 554
-
Employer
55 981
-
239 500
-
total
-
-
-
-
Corporate
183 519
239 500
-
-
nationa
44 044
57 480
-
-
municipal
9 122
11 902
-
-
total
53 166
69 382
-
-
Dividends
130 354
170 117
-
-
withholding
33 892
44 231
-
-
total
33 892
44 231
-
-
Income
239 500
239 500
239 500
239 500
Total tax
115 855
113 613
132 554
124 043
After tax
123 645
125 887
106 946
115 457
Living cost
27 185
27 185
27 185
27 185
Free-cash
96 460
98 702
79 761
88 272

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
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.
₽7059
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
₽135111
₽124486
₽113015
₽102331
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
-
-
-
25 858
health
-
-
-
32 332
solidarity contribution
-
-
-
3 729
social contributions
-
-
-
34 781
total
-
-
-
96 700
Employee
43 801
-
192 405
-
social contributions
2 847
-
7 742
-
health
5 913
-
25 975
-
solidarity contribution
-
-
2 770
-
income
5 256
-
23 803
-
total
14 016
-
60 290
-
Employer
43 801
-
192 405
-
social contributions
10 950
-
29 778
-
health
3 942
-
17 316
-
total
14 892
-
47 094
-
Corporate
180 806
239 500
-
-
income
34 353
45 505
-
-
total
34 353
45 505
-
-
Dividends
146 453
193 995
-
-
withholding
21 968
29 099
-
-
total
21 968
29 099
-
-
Income
239 500
239 500
239 500
239 500
Total tax
85 229
74 604
107 384
96 700
After tax
154 271
164 896
132 116
142 800
Living cost
29 785
29 785
29 785
29 785
Free-cash
124 486
135 111
102 331
113 015

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
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.
₽5470
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
₽99837
₽99337
₽90492
₽30393
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
chamber of commerce
-
-
-
958
income
-
-
-
78 834
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
116 811
Employee
44 114
40 217
199 604
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 967
66 719
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 250
88 071
-
Employer
44 114
40 217
199 604
-
accident
573
523
1 532
-
other
2 095
1 909
8 787
-
chamber of commerce
176
161
799
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
5 989
-
health
1 668
1 521
4 456
-
total
12 695
11 576
39 896
-
Corporate
182 690
187 708
195 774
-
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.

45 674
46 926
48 943
-
total
45 674
46 926
48 943
-
Dividends
137 017
140 782
-
-
withholding
37 680
38 714
-
-
total
37 680
38 714
-
-
Income
239 500
239 500
239 500
239 500
Total tax
107 966
107 466
176 910
116 811
After tax
131 534
132 034
62 590
122 689
Living cost
32 197
32 197
32 197
32 197
Free-cash
99 337
99 837
30 393
90 492

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
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.
₽9020
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
₽213376
₽210723
₽222956
₽177451
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
17 686
-
239 500
-
income
3 537
-
47 900
-
total
3 537
-
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%.

221 814
239 500
-
-
total
-
-
-
-
Dividends
221 814
239 500
-
-
withholding
11 091
11 975
-
-
total
11 091
11 975
-
-
Income
239 500
239 500
239 500
239 500
Total tax
14 628
11 975
47 900
2 395
After tax
224 872
227 525
191 600
237 105
Living cost
14 149
14 149
14 149
14 149
Free-cash
210 723
213 376
177 451
222 956

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
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.
₽3505
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
₽137826
₽129386
₽82806
₽77611
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
-
-
-
61 959
pensions
-
-
-
43 739
unemployment
-
-
-
360
health
-
-
-
23 567
total
-
-
-
129 625
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.

44 626
-
207 232
-
health
2 882
-
13 387
-
income
7 696
-
56 759
-
pensions
6 917
-
32 120
-
unemployment
63
-
289
-
total
17 558
-
102 555
-
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.

44 626
-
207 232
-
unemployment
27
-
124
-
pensions
3 949
-
18 339
-
health
2 972
-
13 802
-
total
6 948
-
32 265
-
Corporate
187 926
239 500
-
-
income
35 705
45 505
-
-
total
35 705
45 505
-
-
Dividends
152 220
193 995
-
-
withholding
22 834
29 100
-
-
total
22 834
29 100
-
-
Income
239 500
239 500
239 500
239 500
Total tax
83 045
74 605
134 820
129 625
After tax
156 455
164 895
104 680
109 875
Living cost
27 069
27 069
27 069
27 069
Free-cash
129 386
137 826
77 611
82 806

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
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.
₽6234
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
₽102128
₽54081
₽121930
₽182628
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
-
-
-
46 683
social contributions
-
-
-
27 303
total
-
-
-
73 986
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
88 891
239 500
-
-
income
19 556
52 690
-
-
total
19 556
52 690
-
-
Dividends
69 335
186 810
-
-
income
15 254
41 098
-
-
total
15 254
41 098
-
-
Income
239 500
239 500
239 500
239 500
Total tax
141 835
93 788
13 288
73 986
After tax
97 665
145 712
226 212
165 514
Living cost
43 584
43 584
43 584
43 584
Free-cash
54 081
102 128
182 628
121 930

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
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.
₽10650
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
₽104572
₽103556
₽92646
₽73478
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
income
-
-
-
31 972
surtax
-
-
-
-
social contributions

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

-
-
-
83 227
total
-
-
-
115 199
Employee
46 415
-
193 535
-
social contributions
5 106
-
21 288
-
surtax
-
-
477
-
income
9 654
-
66 637
-
total
14 760
-
88 402
-
Employer
46 415
-
193 535
-
social contributions
11 023
-
45 965
-
total
11 023
-
45 965
-
Corporate
182 062
239 500
-
-
surtax
-
-
-
-
income
38 233
50 295
-
-
total
38 233
50 295
-
-
Dividends
143 829
189 205
-
-
withholding
40 273
52 978
-
-
total
40 273
52 978
-
-
Income
239 500
239 500
239 500
239 500
Total tax
104 289
103 273
134 367
115 199
After tax
135 211
136 227
105 133
124 301
Living cost
31 655
31 655
31 655
31 655
Free-cash
103 556
104 572
73 478
92 646

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
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.
₽5575
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
₽71967
₽78902
₽81234
₽73427
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
-
-
-
46 399
pensions
-
-
-
36 822
other
-
-
-
7 425
health
-
-
-
12 054
surtax
-
-
-
-
social contributions
-
-
-
6 824
total
-
-
-
109 524
Employee
63 207
-
182 139
-
social contributions
1 800
-
5 190
-
surtax
-
-
-
-
income
5 515
-
40 778
-
pensions
7 149
-
14 000
-
total
14 464
-
59 968
-
Employer
63 207
-
182 139
-
other
2 181
-
7 675
-
social contributions
190
-
546
-
unemployment
2 561
-
7 377
-
pensions
10 386
-
23 331
-
health
4 424
-
18 434
-
total
19 742
-
57 363
-
Corporate
156 552
239 500
-
-
surtax
-
-
-
-
income
43 835
67 060
-
-
total
43 835
67 060
-
-
Dividends
112 717
172 440
-
-
surtax
-
-
-
-
social contributions
19 387
29 659
-
-
withholding
14 428
22 072
-
-
total
33 815
51 731
-
-
Income
239 500
239 500
239 500
239 500
Total tax
111 856
118 791
117 331
109 524
After tax
127 644
120 709
122 169
129 976
Living cost
48 742
48 742
48 742
48 742
Free-cash
78 902
71 967
73 427
81 234

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
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.
₽11098
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
₽185214
₽181823
₽143921
₽150286
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
-
-
-
12 552
social contributions
-
-
-
52 691
total
-
-
-
65 243
Employee
32 444
-
207 361
-
income
-
-
13 260
-
social contributions
2 109
-
13 479
-
total
2 109
-
26 739
-
Employer
32 444
-
207 361
-
social contributions
5 029
-
32 139
-
total
5 029
-
32 139
-
Corporate
202 027
239 500
-
-
income
20 203
23 950
-
-
total
20 203
23 950
-
-
Dividends
181 824
215 550
-
-
total
-
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
27 341
23 950
58 878
65 243
After tax
212 159
215 550
180 622
174 257
Living cost
30 336
30 336
30 336
30 336
Free-cash
181 823
185 214
150 286
143 921

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
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.
₽7863
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
₽19527
₽10914
₽89066
₽19527
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
municipal
-
-
-
51 720
pensions
-
-
-
875
national
-
-
-
30 126
labour market
-
-
-
19 090
total
-
-
-
101 811
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
19 527
-
-
-
income
4 296
-
-
-
total
4 296
-
-
-
Dividends
15 231
-
-
-
withholding
4 317
-
-
-
total
4 317
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
179 963
171 350
171 350
101 811
After tax
59 537
68 150
68 150
137 689
Living cost
48 623
48 623
48 623
48 623
Free-cash
10 914
19 527
19 527
89 066

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
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.
₽10296
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
-₽2347
₽16065
₽141752
₽110552
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
-
-
-
253
income
-
-
-
69 015
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
76 002
Employee
34 209
-
219 407
-
health
3 917
-
25 122
-
income
4 693
-
54 333
-
pensions
3 852
-
7 654
-
total
12 462
-
87 109
-
Employer
34 209
-
219 407
-
accident
571
-
3 664
-
unemployment
838
-
5 376
-
pensions
5 562
-
11 053
-
total
6 971
-
20 093
-
Corporate
198 320
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.

178 488
215 550
-
-
total
178 488
215 550
-
-
Dividends
19 832
23 950
-
-
withholding
3 768
4 551
-
-
total
3 768
4 551
-
-
Income
239 500
239 500
239 500
239 500
Total tax
201 689
220 101
107 202
76 002
After tax
37 811
19 399
132 298
163 498
Living cost
21 746
21 746
21 746
21 746
Free-cash
16 065
-2 347
110 552
141 752

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
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.
₽4269
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
₽107495
₽110612
₽106761
₽79328
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
municipal
-
-
-
42 521
health
-
-
-
3 267
national
-
-
-
48 206
total
-
-
-
93 994
Employee
53 095
-
201 481
-
health
396
-
2 681
-
municipal
8 697
-
32 792
-
pensions
3 583
-
13 599
-
unemployment
797
-
3 022
-
national
877
-
31 314
-
total
14 350
-
83 408
-
Employer
53 095
-
201 481
-
accident
54
-
201
-
unemployment
345
-
1 310
-
pensions
9 212
-
34 957
-
health
408
-
1 551
-
total
10 019
-
38 019
-
Corporate
176 387
239 500
-
-
income
35 278
47 901
-
-
total
35 278
47 901
-
-
Dividends

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

105 831
143 699
-
-
national
11 446
19 493
-
-
municipal
19 050
25 866
-
-
total
30 496
45 359
-
-
Income
239 500
239 500
239 500
239 500
Total tax
90 143
93 260
121 427
93 994
After tax
149 357
146 240
118 073
145 506
Living cost
38 745
38 745
38 745
38 745
Free-cash
110 612
107 495
79 328
106 761

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
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.
₽9095
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
₽151149
₽145659
₽137242
₽135302
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
-
-
-
56 458
health
-
-
-
6 107
social contributions
-
-
-
16 328
total
-
-
-
78 893
Employee
77 601
77 601
226 621
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
3 853
-
income
8 449
7 184
55 414
-
total
11 984
14 945
67 954
-
Employer
77 601
77 601
226 621
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
4 192
-
total
3 587
7 877
12 879
-
Corporate
200 563
154 022
-
-
income
25 071
19 253
-
-
total
25 071
19 253
-
-
Dividends
175 492
134 769
-
-
withholding
29 834
22 911
-
-
total
29 834
22 911
-
-
Income
239 500
239 500
239 500
239 500
Total tax
70 476
64 986
80 833
78 893
After tax
169 024
174 514
158 667
160 607
Living cost
23 365
23 365
23 365
23 365
Free-cash
145 659
151 149
135 302
137 242

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
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.
₽6554
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
₽182307
₽177171
₽188500
₽168257
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
-
-
-
24 877
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
34 977
Employee

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

23 164
-
229 637
-
health
1 969
-
8 139
-
income
1 584
-
22 376
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
45 357
-
Employer

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

23 164
-
229 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
213 951
239 500
-
-
income
19 256
21 555
-
-
total
19 256
21 555
-
-
Dividends
194 695
217 945
-
-
withholding
17 523
19 615
-
-
total
17 523
19 615
-
-
Income
239 500
239 500
239 500
239 500
Total tax
46 306
41 170
55 220
34 977
After tax
193 194
198 330
184 280
204 523
Living cost
16 023
16 023
16 023
16 023
Free-cash
177 171
182 307
168 257
188 500

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
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.
₽4167
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
₽131145
₽126691
₽105964
₽101729
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
-
-
-
843
income
-
-
-
77 722
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
105 785
Employee
37 315
-
209 680
-
other
36
-
94
-
income
7 194
-
74 258
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
80 199
-
Employer
37 315
-
209 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
190 288
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.

28 543
35 926
-
-
total
28 543
35 926
-
-
Dividends
161 745
203 574
-
-
withholding
35 056
44 678
-
-
total
35 056
44 678
-
-
Income
239 500
239 500
239 500
239 500
Total tax
85 058
80 604
110 020
105 785
After tax
154 442
158 896
129 480
133 715
Living cost
27 751
27 751
27 751
27 751
Free-cash
126 691
131 145
101 729
105 964

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
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.
₽5866
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
₽146692
₽146238
₽151301
₽151103
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
-
-
-
81 976
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
85 443
Employee
4 198
-
237 238
-
health
210
-
503
-
income
812
-
81 870
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
83 379
-
Employer
4 198
-
237 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
234 358
239 500
-
-
income
51 559
52 690
-
-
total
51 559
52 690
-
-
Dividends
182 799
186 810
-
-
withholding
36 560
37 362
-
-
total
36 560
37 362
-
-
Income
239 500
239 500
239 500
239 500
Total tax
90 506
90 052
85 641
85 443
After tax
148 994
149 448
153 859
154 057
Living cost
2 756
2 756
2 756
2 756
Free-cash
146 238
146 692
151 103
151 301

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
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.
₽832
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
₽155586
₽150621
₽138195
₽138196
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
-
-
-
55 659
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
83 852
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.

26 319
-
226 149
-
health
1 355
-
3 841
-
income
3 628
-
55 659
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
70 501
-
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.

26 319
-
226 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
208 470
239 500
-
-
income
31 271
35 925
-
-
total
31 271
35 925
-
-
Dividends
177 200
203 575
-
-
withholding
26 580
30 536
-
-
total
26 580
30 536
-
-
Income
239 500
239 500
239 500
239 500
Total tax
71 426
66 461
83 851
83 852
After tax
168 074
173 039
155 649
155 648
Living cost
17 453
17 453
17 453
17 453
Free-cash
150 621
155 586
138 196
138 195

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
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.
₽3847
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
₽109020
₽108658
₽97094
₽77926
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
income
-
-
-
31 972
surtax
-
-
-
-
social contributions

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

-
-
-
83 227
total
-
-
-
115 199
Employee
39 169
-
193 535
-
social contributions
4 309
-
21 288
-
surtax
-
-
477
-
income
7 653
-
66 637
-
total
11 962
-
88 402
-
Employer
39 169
-
193 535
-
social contributions
9 302
-
45 965
-
total
9 302
-
45 965
-
Corporate
191 030
239 500
-
-
surtax
-
-
-
-
income
40 116
50 295
-
-
total
40 116
50 295
-
-
Dividends
150 914
189 205
-
-
withholding
42 255
52 978
-
-
total
42 255
52 978
-
-
Income
239 500
239 500
239 500
239 500
Total tax
103 635
103 273
134 367
115 199
After tax
135 865
136 227
105 133
124 301
Living cost
27 207
27 207
27 207
27 207
Free-cash
108 658
109 020
77 926
97 094

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
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.
₽5565
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
₽123429
₽116827
₽98248
₽94013
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
-
-
-
843
income
-
-
-
77 722
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
105 785
Employee
48 739
-
209 680
-
other
48
-
94
-
income
10 180
-
74 258
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
80 199
-
Employer
48 739
-
209 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
175 222
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.

26 283
35 926
-
-
total
26 283
35 926
-
-
Dividends
148 939
203 574
-
-
withholding
32 111
44 678
-
-
total
32 111
44 678
-
-
Income
239 500
239 500
239 500
239 500
Total tax
87 206
80 604
110 020
105 785
After tax
152 294
158 896
129 480
133 715
Living cost
35 467
35 467
35 467
35 467
Free-cash
116 827
123 429
94 013
98 248

Estimated living cost  is ₽35467 per week

₽25471
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.
₽500
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.
₽6739
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
₽187402
₽181249
₽176787
₽186843
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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
45 342
Employee
23 001
-
232 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
23 258
-
pensions

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

2 019
-
3 097
-
total
5 630
-
28 365
-
Employer
23 001
-
232 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
211 986
239 500
-
-
income
21 198
23 950
-
-
total
21 198
23 950
-
-
Dividends
190 788
215 550
-
-
withholding
9 539
10 777
-
-
total
9 539
10 777
-
-
Income
239 500
239 500
239 500
239 500
Total tax
40 880
34 727
35 286
45 342
After tax
198 620
204 773
204 214
194 158
Living cost
17 371
17 371
17 371
17 371
Free-cash
181 249
187 402
186 843
176 787

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
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.
₽4474
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
₽84194
₽97398
₽80683
₽108318
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
trade
-
-
-
27 635
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.

-
-
-
80 877
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.

-
-
-
6 894
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.

-
-
-
4 449
total
-
-
-
119 855
Employee

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

50 213
-
239 500
-
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.

6 894
-
6 894
-
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
-
4 449
-
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.

4 129
-
80 877
-
total
11 251
-
92 220
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 287
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
28 393
35 926
-
-
trade
27 162
34 369
-
-
chamber of commerce
431
504
-
-
total
57 547
72 775
-
-
Dividends
131 740
166 726
-
-
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.

1 791
2 271
-
-
withholding
32 551
41 298
-
-
total
34 342
43 569
-
-
Income
239 500
239 500
239 500
239 500
Total tax
103 140
116 344
92 220
119 855
After tax
136 360
123 156
147 280
119 645
Living cost
38 962
38 962
38 962
38 962
Free-cash
97 398
84 194
108 318
80 683

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
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.
₽7327
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
₽110164
₽112390
₽61506
₽61506
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
-
-
-
79 119
social contributions
-
-
-
41 388
total
-
-
-
120 507
Employee
78 941
-
239 500
-
income
14 896
-
79 119
-
social contributions
6 558
-
41 388
-
total
21 454
-
120 507
-
Employer
78 941
-
239 500
-
total
-
-
-
-
Corporate
160 559
239 500
-
-
income
20 070
29 937
-
-
total
20 070
29 937
-
-
Dividends
140 489
209 563
-
-
withholding
28 099
41 912
-
-
total
28 099
41 912
-
-
Income
239 500
239 500
239 500
239 500
Total tax
69 623
71 849
120 507
120 507
After tax
169 877
167 651
118 993
118 993
Living cost
57 487
57 487
57 487
57 487
Free-cash
112 390
110 164
61 506
61 506

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
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.
₽8518
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
₽113709
₽117236
₽160199
₽129889
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.

-
-
-
6 741
total
-
-
-
42 667
Employee
46 295
-
234 858
-
income
5 023
-
63 693
-
social contributions
4 638
-
4 642
-
total
9 661
-
68 335
-
Employer
46 295
-
234 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
188 566
239 500
-
-
income
65 999
83 825
-
-
total
65 999
83 825
-
-
Dividends
122 568
155 675
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
239 500
239 500
239 500
239 500
Total tax
85 630
89 157
72 977
42 667
After tax
153 870
150 343
166 523
196 833
Living cost
36 634
36 634
36 634
36 634
Free-cash
117 236
113 709
129 889
160 199

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
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.
₽9053
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
₽112566
₽118563
₽116612
₽95274
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
-
-
-
74 940
pensions
-
-
-
10 333
total
-
-
-
85 273
Employee
51 632
-
208 649
-
health
674
-
2 788
-
income
9 403
-
60 713
-
pensions
3 941
-
12 262
-
total
14 018
-
75 763
-
Employer
51 632
-
208 649
-
pensions
5 216
-
26 883
-
health
981
-
3 965
-
total
6 197
-
30 848
-
Corporate
181 670
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.

34 517
45 505
-
-
total
34 517
45 505
-
-
Dividends
147 153
193 995
-
-
withholding
28 590
43 814
-
-
total
28 590
43 814
-
-
Income
239 500
239 500
239 500
239 500
Total tax
83 322
89 319
106 611
85 273
After tax
156 178
150 181
132 889
154 227
Living cost
37 615
37 615
37 615
37 615
Free-cash
118 563
112 566
95 274
116 612

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
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.
₽7879
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
-₽4501
₽15733
₽139598
₽108398
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
-
-
-
253
income
-
-
-
69 015
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
76 002
Employee
37 595
-
219 407
-
health
4 304
-
25 122
-
income
5 158
-
54 333
-
pensions
4 233
-
7 654
-
total
13 695
-
87 109
-
Employer
37 595
-
219 407
-
accident
628
-
3 664
-
unemployment
921
-
5 376
-
pensions
6 113
-
11 053
-
total
7 662
-
20 093
-
Corporate
194 244
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.

174 819
215 550
-
-
total
174 819
215 550
-
-
Dividends
19 424
23 950
-
-
withholding
3 691
4 551
-
-
total
3 691
4 551
-
-
Income
239 500
239 500
239 500
239 500
Total tax
199 867
220 101
107 202
76 002
After tax
39 633
19 399
132 298
163 498
Living cost
23 900
23 900
23 900
23 900
Free-cash
15 733
-4 501
108 398
139 598

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
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.
₽4486
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
₽169586
₽166533
₽141065
₽163258
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
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
40 421
pensions
-
-
-
29 696
unemployment
-
-
-
1 937
total
-
-
-
84 804
Employee

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

21 810
-
239 500
-
work injury
109
-
403
-
income
2 181
-
40 421
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
62 611
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
217 690
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%.

21 769
23 950
-
-
total
21 769
23 950
-
-
Dividends
195 921
215 550
-
-
withholding
29 388
32 333
-
-
total
29 388
32 333
-
-
Income
239 500
239 500
239 500
239 500
Total tax
59 336
56 283
62 611
84 804
After tax
180 164
183 217
176 889
154 696
Living cost
13 631
13 631
13 631
13 631
Free-cash
166 533
169 586
163 258
141 065

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
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.
₽3771
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
₽85950
₽81359
₽72944
₽64654
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
municipal
-
-
-
1 701
regional
-
-
-
5 957
national
-
-
-
68 186
social contributions
-
-
-
50 509
total
-
-
-
126 353
Employee
85 040
-
239 500
-
social contributions
28 675
-
66 219
-
regional
1 284
-
5 434
-
municipal
508
-
1 559
-
national
14 371
-
61 431
-
total
44 838
-
134 643
-
Employer
85 040
-
239 500
-
total
-
-
-
-
Corporate
154 460
239 500
-
-
nationa
37 071
57 480
-
-
municipal
7 444
11 544
-
-
total
44 515
69 024
-
-
Dividends
109 945
170 475
-
-
withholding
28 585
44 323
-
-
total
28 585
44 323
-
-
Income
239 500
239 500
239 500
239 500
Total tax
117 938
113 347
134 643
126 353
After tax
121 562
126 153
104 857
113 147
Living cost
40 203
40 203
40 203
40 203
Free-cash
81 359
85 950
64 654
72 944

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
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.
₽8589
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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