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
₽92236
₽117874
₽87027
₽102620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
239 500
income

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

-
-
-
82 250
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.

-
-
-
4 524
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.

-
-
-
6 414
trade
-
-
-
30 847
total
-
-
-
124 035
Employee

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

35 910
-
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.

55
-
4 524
-
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.

1 003
-
82 250
-
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.

6 414
-
6 414
-
total
7 472
-
93 188
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
203 590
239 500
-
-
income
30 538
35 924
-
-
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.

1 680
1 976
-
-
chamber of commerce
435
486
-
-
trade
32 065
37 722
-
-
total
64 718
76 108
-
-
Dividends
138 871
163 391
-
-
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.

1 890
2 227
-
-
withholding
34 362
40 491
-
-
total
36 252
42 718
-
-
Income
239 500
239 500
239 500
239 500
Total tax
108 442
118 826
93 188
124 035
After tax
131 058
120 674
146 312
115 465
Living cost
28 438
28 438
28 438
28 438
Free-cash
102 620
92 236
117 874
87 027

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
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.
₽6703
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
₽99497
₽86476
₽85190
₽98667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
social contributions
-
-
-
2 575
municipal
-
-
-
26 704
national
-
-
-
46 340
pensions
-
-
-
28 740
total
-
-
-
104 359
Employee
77 434
-
207 046
-
municipal
9 564
-
27 631
-
pensions
3 097
-
8 282
-
national
14 821
-
48 370
-
total
27 482
-
84 283
-
Employer
77 434
-
207 046
-
pensions
6 195
-
16 564
-
social contributions
832
-
2 226
-
total
7 027
-
18 790
-
Corporate
149 929
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%.

29 986
47 900
-
-
total
29 986
47 900
-
-
Dividends
119 943
191 600
-
-
withholding
26 387
42 152
-
-
total
26 387
42 152
-
-
Income
239 500
239 500
239 500
239 500
Total tax
90 882
90 052
103 073
104 359
After tax
148 618
149 448
136 427
135 141
Living cost
49 951
49 951
49 951
49 951
Free-cash
98 667
99 497
86 476
85 190

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
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.
₽10609
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
₽172068
₽86084
₽69481
₽164366
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
income
-
-
-
53 440
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.

-
-
-
35 973
microenterprise
-
-
-
-
total
-
-
-
150 486
Employee
27 434
-
191 481
-
surtax
-
-
27 764
-
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.

3 018
-
12 308
-
income
4 884
-
45 793
-
total
7 902
-
85 865
-
Employer
27 434
-
191 481
-
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.

6 608
-
26 955
-
surtax
-
-
21 063
-
total
6 608
-
48 018
-
Corporate
205 457
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%.

41 091
47 899
-
-
total
41 091
47 899
-
-
Dividends

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

164 366
191 601
-
-
total
-
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
55 601
47 899
133 883
150 486
After tax
183 899
191 601
105 617
89 014
Living cost
19 533
19 533
19 533
19 533
Free-cash
164 366
172 068
86 084
69 481

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
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.
₽4768
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
₽80351
₽113790
₽87736
₽74597
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
-
-
-
89 856
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
112 433
Employee
80 176
80 176
222 052
-
pensions
14 432
11 000
11 000
-
income

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

13 124
13 124
46 354
-
health
12 306
10 467
11 577
-
total
39 862
34 591
68 931
-
Employer
80 176
80 176
222 052
-
health
5 573
5 573
6 925
-
pensions
5 580
5 580
6 936
-
unemployment
2 886
2 886
3 587
-
total
14 039
14 039
17 448
-
Corporate
146 267
145 284
-
-
income
29 254
29 056
-
-
total
29 254
29 056
-
-
Dividends
117 014
116 228
-
-
income
24 865
24 698
-
-
withholding
17 552
17 434
-
-
total
42 417
42 132
-
-
Income
239 500
239 500
239 500
239 500
Total tax
125 572
119 818
86 379
112 433
After tax
113 928
119 682
153 121
127 067
Living cost
39 331
39 331
39 331
39 331
Free-cash
74 597
80 351
113 790
87 736

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
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.
₽7287
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
₽93004
₽79812
₽80728
₽92154
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
-
-
-
165
other
-
-
-
9 617
unemployment
-
-
-
83
health
-
-
-
5 164
municipal
-
-
-
64 269
national
-
-
-
32 764
pensions
-
-
-
8 947
total
-
-
-
121 009
Employee
53 808
-
213 496
-
municipal
16 046
-
63 664
-
national
-
-
32 257
-
total
16 046
-
95 921
-
Employer
53 808
-
213 496
-
health
3 309
-
5 090
-
pensions
5 817
-
8 947
-
accident
108
-
165
-
unemployment
1 421
-
2 185
-
other
6 253
-
9 617
-
total
16 908
-
26 004
-
Corporate
168 785
239 500
-
-
income
37 133
52 690
-
-
total
37 133
52 690
-
-
Dividends
131 652
186 810
-
-
withholding
39 496
56 043
-
-
total
39 496
56 043
-
-
Income
239 500
239 500
239 500
239 500
Total tax
109 583
108 733
121 925
121 009
After tax
129 917
130 767
117 575
118 491
Living cost
37 763
37 763
37 763
37 763
Free-cash
92 154
93 004
79 812
80 728

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
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.
₽8456
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
₽82559
₽109429
₽77212
₽95750
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
239 500
income

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

-
-
-
82 250
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.

-
-
-
4 524
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.

-
-
-
6 414
trade
-
-
-
32 217
total
-
-
-
125 405
Employee

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

47 612
-
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.

224
-
4 524
-
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.

4 091
-
82 250
-
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.

6 414
-
6 414
-
total
10 729
-
93 188
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
191 888
239 500
-
-
income
28 783
35 924
-
-
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.

1 584
1 976
-
-
chamber of commerce
415
483
-
-
trade
31 566
39 397
-
-
total
62 348
77 780
-
-
Dividends
129 539
161 720
-
-
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.

1 762
2 204
-
-
withholding
32 028
40 074
-
-
total
33 790
42 278
-
-
Income
239 500
239 500
239 500
239 500
Total tax
106 867
120 058
93 188
125 405
After tax
132 633
119 442
146 312
114 095
Living cost
36 883
36 883
36 883
36 883
Free-cash
95 750
82 559
109 429
77 212

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
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.
₽7775
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
₽144022
₽127628
₽129533
₽140130
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
-
-
-
58 215
social contributions
-
-
-
15 191
health
-
-
-
6 108
total
-
-
-
79 514
Employee
72 195
72 195
227 215
-
social contributions
3 508
5 992
8 082
-
income
7 581
6 683
57 189
-
health
718
1 228
3 863
-
total
11 807
13 903
69 134
-
Employer
72 195
72 195
227 215
-
health
782
1 336
4 203
-
social contributions
3 508
5 992
8 082
-
total
4 290
7 328
12 285
-
Corporate
192 950
159 977
-
-
income
24 119
19 998
-
-
total
24 119
19 998
-
-
Dividends
168 831
139 979
-
-
withholding
28 701
23 796
-
-
total
28 701
23 796
-
-
Income
239 500
239 500
239 500
239 500
Total tax
68 917
65 025
81 419
79 514
After tax
170 583
174 475
158 081
159 986
Living cost
30 453
30 453
30 453
30 453
Free-cash
140 130
144 022
127 628
129 533

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
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.
₽6746
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
₽117553
₽122016
₽149090
₽117904
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
unemployment
-
-
-
3 592
health
-
-
-
16 765
pensions
-
-
-
23 950
total
-
-
-
73 586
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.

24 286
9 665
200 418
-
unemployment
364
145
3 006
-
pensions
2 429
967
20 042
-
income
2 969
1 182
24 501
-
health
1 700
677
14 029
-
total
7 462
2 971
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.

24 286
9 665
200 418
-
pensions
4 736
1 885
39 082
-
total
4 736
1 885
39 082
-
Corporate
210 479
227 950
-
-
income
18 943
20 515
-
-
total
18 943
20 515
-
-
Dividends
191 536
207 434
-
-
social contributions
37 239
40 339
-
-
withholding
36 392
39 413
-
-
total
73 631
79 752
-
-
Income
239 500
239 500
239 500
239 500
Total tax
104 772
105 123
100 660
73 586
After tax
134 728
134 377
138 840
165 914
Living cost
16 824
16 824
16 824
16 824
Free-cash
117 904
117 553
122 016
149 090

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
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.
₽3630
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
₽168924
₽115368
₽105695
₽163090
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
-
-
-
32 092
health
-
-
-
31 135
pensions
-
-
-
47 901
total
-
-
-
111 128
Employee
26 635
-
178 999
-
unemployment
426
-
2 863
-
pensions
533
-
3 579
-
income
2 999
-
34 512
-
total
3 958
-
40 954
-
Employer
26 635
-
178 999
-
health
3 462
-
23 269
-
pensions
5 327
-
35 800
-
unemployment
214
-
1 432
-
total
9 003
-
60 501
-
Corporate
203 863
239 500
-
-
income
40 772
47 899
-
-
total
40 772
47 899
-
-
Dividends
163 090
191 601
-
-
total
-
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
53 733
47 899
101 455
111 128
After tax
185 767
191 601
138 045
128 372
Living cost
22 677
22 677
22 677
22 677
Free-cash
163 090
168 924
115 368
105 695

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
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.
₽5317
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
-₽1532
₽111687
₽142532
₽16188
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
-
-
-
240
income
-
-
-
69 410
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
76 037
Employee
32 926
-
219 956
-
pensions
3 708
-
7 259
-
income
4 517
-
54 894
-
health
3 770
-
25 185
-
total
11 995
-
87 338
-
Employer
32 926
-
219 956
-
pensions
5 354
-
10 482
-
accident
550
-
3 673
-
unemployment
807
-
5 389
-
total
6 711
-
19 544
-
Corporate
199 864
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.

179 878
215 550
-
-
total
179 878
215 550
-
-
Dividends
19 986
23 950
-
-
withholding
3 797
4 551
-
-
total
3 797
4 551
-
-
Income
239 500
239 500
239 500
239 500
Total tax
202 381
220 101
106 882
76 037
After tax
37 119
19 399
132 618
163 463
Living cost
20 931
20 931
20 931
20 931
Free-cash
16 188
-1 532
111 687
142 532

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
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.
₽3994
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
₽219974
₽184049
₽229554
₽218559
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
9 438
-
239 500
-
income
1 887
-
47 900
-
total
1 887
-
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%.

230 062
239 500
-
-
total
-
-
-
-
Dividends
230 062
239 500
-
-
withholding
11 503
11 975
-
-
total
11 503
11 975
-
-
Income
239 500
239 500
239 500
239 500
Total tax
13 390
11 975
47 900
2 395
After tax
226 110
227 525
191 600
237 105
Living cost
7 551
7 551
7 551
7 551
Free-cash
218 559
219 974
184 049
229 554

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
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.
₽2036
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
₽150942
₽121170
₽123084
₽144604
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
-
-
-
44 070
other
-
-
-
6 781
health
-
-
-
6 282
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.

-
-
-
34 266
total
-
-
-
91 399
Employee
34 090
-
203 039
-
unemployment
340
-
1 427
-
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.

2 386
-
9 994
-
income
5 869
-
43 433
-
health
477
-
1 999
-
total
9 072
-
56 853
-
Employer
34 090
-
203 039
-
health
477
-
1 999
-
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.

5 796
-
24 272
-
accident
273
-
1 625
-
unemployment
340
-
1 427
-
other
1 705
-
7 137
-
total
8 591
-
36 460
-
Corporate
196 819
239 500
-
-
income
41 332
50 296
-
-
total
41 332
50 296
-
-
Dividends
155 487
189 204
-
-
withholding
10 884
13 245
-
-
total
10 884
13 245
-
-
Income
239 500
239 500
239 500
239 500
Total tax
69 879
63 541
93 313
91 399
After tax
169 621
175 959
146 187
148 101
Living cost
25 017
25 017
25 017
25 017
Free-cash
144 604
150 942
121 170
123 084

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
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.
₽5249
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
₽85843
₽69026
₽90295
₽93428
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
-
-
-
76 263
pensions
-
-
-
9 946
total
-
-
-
86 209
Employee
89 130
-
208 537
-
pensions
8 599
-
11 696
-
income
16 067
-
62 082
-
health
1 469
-
2 737
-
total
26 135
-
76 515
-
Employer
89 130
-
208 537
-
health
1 693
-
3 962
-
pensions
10 524
-
27 001
-
total
12 217
-
30 963
-
Corporate
138 153
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.

26 248
45 505
-
-
total
26 248
45 505
-
-
Dividends
111 905
193 995
-
-
withholding
18 476
45 156
-
-
total
18 476
45 156
-
-
Income
239 500
239 500
239 500
239 500
Total tax
83 076
90 661
107 478
86 209
After tax
156 424
148 839
132 022
153 291
Living cost
62 996
62 996
62 996
62 996
Free-cash
93 428
85 843
69 026
90 295

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
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 London model

Close
Varna , Bulgaria
₽192463
₽192698
₽182508
₽188103
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
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
44 682
Employee
16 300
-
233 066
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 880
-
income
1 630
-
23 307
-
health
750
-
1 509
-
total
3 990
-
28 057
-
Employer
16 300
-
233 066
-
health
1 125
-
2 263
-
pensions

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

1 796
-
3 614
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
unemployment
97
-
197
-
total
3 197
-
6 435
-
Corporate
220 001
239 500
-
-
income
22 000
23 950
-
-
total
22 000
23 950
-
-
Dividends
198 001
215 550
-
-
withholding
9 900
10 777
-
-
total
9 900
10 777
-
-
Income
239 500
239 500
239 500
239 500
Total tax
39 087
34 727
34 492
44 682
After tax
200 413
204 773
205 008
194 818
Living cost
12 310
12 310
12 310
12 310
Free-cash
188 103
192 463
192 698
182 508

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
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.
₽3918
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
₽67620
₽101059
₽75005
₽69979
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
-
-
-
89 856
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
112 433
Employee
87 046
80 176
222 052
-
pensions
11 000
11 000
11 000
-
income

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

13 124
13 124
46 354
-
health
10 859
10 467
11 577
-
total
34 983
34 591
68 931
-
Employer
87 046
80 176
222 052
-
health
6 049
5 573
6 925
-
pensions
6 058
5 580
6 936
-
unemployment
3 134
2 886
3 587
-
total
15 241
14 039
17 448
-
Corporate
137 213
145 284
-
-
income
27 444
29 056
-
-
total
27 444
29 056
-
-
Dividends
109 770
116 228
-
-
income
23 326
24 698
-
-
withholding
16 465
17 434
-
-
total
39 791
42 132
-
-
Income
239 500
239 500
239 500
239 500
Total tax
117 459
119 818
86 379
112 433
After tax
122 041
119 682
153 121
127 067
Living cost
52 062
52 062
52 062
52 062
Free-cash
69 979
67 620
101 059
75 005

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
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.
₽8411
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
₽141906
₽109912
₽120728
₽133704
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
-
-
-
26 113
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
4 255
health
-
-
-
32 332
total
-
-
-
95 782
Employee
33 809
-
193 740
-
solidarity contribution
-
-
3 285
-
social contributions
2 198
-
7 364
-
income
4 057
-
24 033
-
health
4 564
-
26 155
-
total
10 819
-
60 837
-
Employer
33 809
-
193 740
-
health
3 043
-
17 437
-
social contributions
8 452
-
28 324
-
total
11 495
-
45 761
-
Corporate
194 195
239 500
-
-
income
36 897
45 505
-
-
total
36 897
45 505
-
-
Dividends
157 298
193 995
-
-
withholding
23 595
29 099
-
-
total
23 595
29 099
-
-
Income
239 500
239 500
239 500
239 500
Total tax
82 806
74 604
106 598
95 782
After tax
156 694
164 896
132 902
143 718
Living cost
22 990
22 990
22 990
22 990
Free-cash
133 704
141 906
109 912
120 728

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
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.
₽4933
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
₽88167
₽69620
₽77579
₽83264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
social contributions
-
-
-
46 991
regional
-
-
-
3 163
municipal
-
-
-
1 539
national
-
-
-
70 611
total
-
-
-
122 304
Employee
83 442
-
239 500
-
municipal
442
-
1 424
-
national
14 458
-
64 325
-
regional
787
-
2 908
-
social contributions
28 137
-
61 606
-
total
43 824
-
130 263
-
Employer
83 442
-
239 500
-
total
-
-
-
-
Corporate
156 058
239 500
-
-
municipal
6 086
9 340
-
-
nationa
37 453
57 479
-
-
total
43 539
66 819
-
-
Dividends
112 519
172 681
-
-
withholding
29 256
44 897
-
-
total
29 256
44 897
-
-
Income
239 500
239 500
239 500
239 500
Total tax
116 619
111 716
130 263
122 304
After tax
122 881
127 784
109 237
117 196
Living cost
39 617
39 617
39 617
39 617
Free-cash
83 264
88 167
69 620
77 579

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
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
₽129927
₽85897
₽91638
₽127007
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
-
-
-
79 213
other
-
-
-
-
surtax
-
-
-
13 760
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
127 144
Employee
31 048
-
213 124
-
other
-
-
-
-
unemployment
2 161
-
8 721
-
pensions
2 070
-
8 358
-
surtax
102
-
12 638
-
income
5 204
-
73 598
-
health
793
-
3 195
-
total
10 330
-
106 510
-
Employer
31 048
-
213 124
-
health
1 413
-
5 701
-
pensions
4 139
-
16 703
-
unemployment
983
-
3 971
-
other
-
-
-
-
total
6 535
-
26 375
-
Corporate
201 917
239 500
-
-
income
52 498
62 270
-
-
total
52 498
62 270
-
-
Dividends
149 419
177 230
-
-
withholding
22 412
26 585
-
-
total
22 412
26 585
-
-
Income
239 500
239 500
239 500
239 500
Total tax
91 775
88 855
132 885
127 144
After tax
147 725
150 645
106 615
112 356
Living cost
20 718
20 718
20 718
20 718
Free-cash
127 007
129 927
85 897
91 638

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
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.
₽5660
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
₽105802
₽88985
₽110254
₽112025
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
-
-
-
76 263
pensions
-
-
-
9 946
total
-
-
-
86 209
Employee
59 733
-
208 537
-
pensions
5 070
-
11 696
-
income
10 758
-
62 082
-
health
867
-
2 737
-
total
16 695
-
76 515
-
Employer
59 733
-
208 537
-
health
1 135
-
3 962
-
pensions
6 466
-
27 001
-
total
7 601
-
30 963
-
Corporate
172 166
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.

32 712
45 505
-
-
total
32 712
45 505
-
-
Dividends
139 454
193 995
-
-
withholding
27 430
45 156
-
-
total
27 430
45 156
-
-
Income
239 500
239 500
239 500
239 500
Total tax
84 438
90 661
107 478
86 209
After tax
155 062
148 839
132 022
153 291
Living cost
43 037
43 037
43 037
43 037
Free-cash
112 025
105 802
88 985
110 254

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7117
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
₽35238
₽106647
₽114079
₽67018
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
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
-
-
-
14 043
health
-
-
-
538
city
-
-
-
2 524
national
-
-
-
7 211
pensions
-
-
-
22 035
total
-
-
-
51 141
Employee
86 926
-
216 078
-
unemployment
-
-
-
-
pensions
7 303
-
16 237
-
national
411
-
5 893
-
regional
2 846
-
12 568
-
city
933
-
2 345
-
health
197
-
486
-
total
11 690
-
37 529
-
Employer
86 926
-
216 078
-
health
197
-
486
-
pensions
7 303
-
16 237
-
unemployment
-
-
-
-
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.

1 738
-
4 321
-
total
9 238
-
21 044
-
Corporate
142 380
239 500
-
-
regional
30 114
50 653
-
-
national
12 103
20 358
-
-
total
42 217
71 011
-
-
Dividends
100 163
168 489
-
-
withholding
35 057
58 971
-
-
total
35 057
58 971
-
-
Income
239 500
239 500
239 500
239 500
Total tax
98 202
129 982
58 573
51 141
After tax
141 298
109 518
180 927
188 359
Living cost
74 280
74 280
74 280
74 280
Free-cash
67 018
35 238
106 647
114 079

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
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.
₽18399
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
₽75200
₽103302
₽69712
₽90424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
239 500
income

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

-
-
-
82 250
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.

-
-
-
4 524
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.

-
-
-
6 414
trade
-
-
-
33 589
total
-
-
-
126 777
Employee

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

56 425
-
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.

365
-
4 524
-
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.

6 635
-
82 250
-
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.

6 414
-
6 414
-
total
13 414
-
93 188
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
183 075
239 500
-
-
income
27 461
35 924
-
-
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.

1 511
1 976
-
-
chamber of commerce
401
479
-
-
trade
31 397
41 074
-
-
total
60 770
79 453
-
-
Dividends
122 305
160 047
-
-
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.

1 662
2 181
-
-
withholding
30 219
39 655
-
-
total
31 881
41 836
-
-
Income
239 500
239 500
239 500
239 500
Total tax
106 065
121 289
93 188
126 777
After tax
133 435
118 211
146 312
112 723
Living cost
43 010
43 010
43 010
43 010
Free-cash
90 424
75 200
103 302
69 712

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
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.
₽7599
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
₽88586
₽87675
₽96485
₽94132
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
-
-
-
48 563
other
-
-
-
7 424
surtax
-
-
-
-
social contributions
-
-
-
6 824
health
-
-
-
12 442
pensions
-
-
-
35 640
total
-
-
-
110 893
Employee
40 183
-
181 447
-
pensions
4 543
-
14 239
-
surtax
-
-
-
-
social contributions
1 146
-
5 169
-
income
2 371
-
42 243
-
total
8 060
-
61 651
-
Employer
40 183
-
181 447
-
health
2 813
-
18 709
-
pensions
6 601
-
23 681
-
unemployment
1 627
-
7 348
-
social contributions
121
-
545
-
other
1 386
-
7 769
-
total
12 548
-
58 052
-
Corporate
186 769
239 500
-
-
income
52 295
67 060
-
-
surtax
-
-
-
-
total
52 295
67 060
-
-
Dividends
134 474
172 440
-
-
surtax
-
-
-
-
social contributions
23 130
29 660
-
-
withholding
17 213
22 072
-
-
total
40 343
51 732
-
-
Income
239 500
239 500
239 500
239 500
Total tax
113 246
118 792
119 703
110 893
After tax
126 254
120 708
119 797
128 607
Living cost
32 122
32 122
32 122
32 122
Free-cash
94 132
88 586
87 675
96 485

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
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.
₽8711
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
₽91768
₽90857
₽99667
₽96985
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
-
-
-
48 563
other
-
-
-
7 424
surtax
-
-
-
-
social contributions
-
-
-
6 824
health
-
-
-
12 442
pensions
-
-
-
35 640
total
-
-
-
110 893
Employee
35 869
-
181 447
-
pensions
4 057
-
14 239
-
surtax
-
-
-
-
social contributions
1 023
-
5 169
-
income
1 849
-
42 243
-
total
6 929
-
61 651
-
Employer
35 869
-
181 447
-
health
2 510
-
18 709
-
pensions
5 894
-
23 681
-
unemployment
1 452
-
7 348
-
social contributions
107
-
545
-
other
1 238
-
7 769
-
total
11 201
-
58 052
-
Corporate
192 430
239 500
-
-
income
53 880
67 060
-
-
surtax
-
-
-
-
total
53 880
67 060
-
-
Dividends
138 549
172 440
-
-
surtax
-
-
-
-
social contributions
23 830
29 660
-
-
withholding
17 735
22 072
-
-
total
41 565
51 732
-
-
Income
239 500
239 500
239 500
239 500
Total tax
113 575
118 792
119 703
110 893
After tax
125 925
120 708
119 797
128 607
Living cost
28 940
28 940
28 940
28 940
Free-cash
96 985
91 768
90 857
99 667

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
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.
₽8668
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
₽126207
₽126780
₽133898
₽126695
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
-
-
-
35 924
social contributions
-
-
-
33 051
health
-
-
-
16 718
total
-
-
-
85 693
Employee
31 834
-
239 500
-
social contributions
4 394
-
33 051
-
income
5 309
-
43 042
-
health
2 222
-
16 718
-
total
11 925
-
92 811
-
Employer
31 834
-
239 500
-
total
-
-
-
-
Corporate
207 666
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%.

10 384
11 975
-
-
total
10 384
11 975
-
-
Dividends
197 283
227 525
-
-
social contributions
27 224
31 399
-
-
withholding
29 592
34 128
-
-
health
13 771
15 882
-
-
total
70 587
81 409
-
-
Income
239 500
239 500
239 500
239 500
Total tax
92 896
93 384
92 811
85 693
After tax
146 604
146 116
146 689
153 807
Living cost
19 909
19 909
19 909
19 909
Free-cash
126 695
126 207
126 780
133 898

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
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.
₽4898
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
₽98726
₽28992
₽89150
₽97271
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
-
-
-
81 684
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
959
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
117 268
Employee
46 921
37 416
201 078
-
other
469
374
1 098
-
unemployment
1 408
1 122
3 291
-
pensions
4 805
3 831
11 232
-
income
5 342
2 760
69 761
-
health
1 816
1 449
4 244
-
total
13 840
9 536
89 626
-
Employer
46 921
37 416
201 078
-
chamber of commerce
187
150
804
-
health
1 773
1 415
4 146
-
pensions
5 889
4 697
13 765
-
accident
609
486
1 425
-
unemployment
1 408
1 122
3 291
-
surtax
185
185
185
-
payroll
1 408
1 122
6 033
-
other
2 229
1 776
8 773
-
total
13 688
10 953
38 422
-
Corporate
178 892
191 130
197 514
-
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.

44 722
47 783
49 378
-
total
44 722
47 783
49 378
-
Dividends
134 170
143 347
-
-
withholding
36 897
39 420
-
-
total
36 897
39 420
-
-
Income
239 500
239 500
239 500
239 500
Total tax
109 147
107 692
177 426
117 268
After tax
130 353
131 808
62 074
122 232
Living cost
33 082
33 082
33 082
33 082
Free-cash
97 271
98 726
28 992
89 150

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
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 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
₽95618
₽45951
₽70079
₽85478
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
communal

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

-
-
-
12 965
social contributions
-
-
-
23 408
national
-
-
-
98 815
total
-
-
-
135 188
Employee

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

67 159
-
185 502
-
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.

584
-
1 614
-
communal

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

3 503
-
9 675
-
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.

5 037
-
13 913
-
national
20 647
-
71 398
-
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.

3 155
-
8 718
-
total
32 926
-
105 318
-
Employer

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

67 159
-
185 502
-
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.

4 130
-
11 408
-
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.

5 951
-
16 436
-
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.

873
-
2 411
-
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.

980
-
2 708
-
surtax
7 615
-
21 035
-
total
19 549
-
53 998
-
Corporate
152 793
239 500
-
-
income
30 558
53 419
-
-
surtax
611
1 069
-
-
total
31 169
54 488
-
-
Dividends
121 624
185 012
-
-
withholding

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

36 145
55 161
-
-
total
36 145
55 161
-
-
Income
239 500
239 500
239 500
239 500
Total tax
119 789
109 649
159 316
135 188
After tax
119 711
129 851
80 184
104 312
Living cost
34 233
34 233
34 233
34 233
Free-cash
85 478
95 618
45 951
70 079

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
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.
₽8654
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
₽124841
₽95729
₽99670
₽118408
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
-
-
-
784
income
-
-
-
79 816
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
105 923
Employee
46 735
-
211 757
-
other
46
-
87
-
unemployment
725
-
1 349
-
pensions
2 197
-
4 091
-
income
9 861
-
76 593
-
total
12 829
-
82 120
-
Employer
46 735
-
211 757
-
pensions
11 029
-
20 538
-
accident
925
-
1 723
-
unemployment
2 571
-
4 786
-
other
372
-
697
-
total
14 897
-
27 744
-
Corporate
177 868
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.

26 681
35 924
-
-
total
26 681
35 924
-
-
Dividends
151 187
203 576
-
-
withholding
32 778
44 828
-
-
total
32 778
44 828
-
-
Income
239 500
239 500
239 500
239 500
Total tax
87 185
80 752
109 864
105 923
After tax
152 315
158 748
129 636
133 577
Living cost
33 907
33 907
33 907
33 907
Free-cash
118 408
124 841
95 729
99 670

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
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.
₽6044
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
₽82130
₽68543
₽61212
₽69218
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
communal
-
-
-
15 136
accident
-
-
-
1 874
income
-
-
-
49 167
surtax
-
-
-
12 149
health
-
-
-
15 618
pensions
-
-
-
33 321
total
-
-
-
127 265
Employee
71 101
-
213 934
-
pensions
5 687
-
17 115
-
surtax
4 358
-
13 112
-
income
6 868
-
54 621
-
health
3 164
-
9 520
-
total
20 077
-
94 368
-
Employer
71 101
-
213 934
-
health
2 168
-
6 525
-
pensions
5 687
-
17 115
-
accident
640
-
1 926
-
total
8 495
-
25 566
-
Corporate
159 904
239 500
-
-
communal
10 794
16 167
-
-
income
23 985
35 924
-
-
surtax
1 678
2 514
-
-
total
36 457
54 605
-
-
Dividends
123 447
184 894
-
-
income
35 713
24 008
-
-
withholding
18 517
27 734
-
-
total
54 230
51 742
-
-
Income
239 500
239 500
239 500
239 500
Total tax
119 259
106 347
119 934
127 265
After tax
120 241
133 153
119 566
112 235
Living cost
51 023
51 023
51 023
51 023
Free-cash
69 218
82 130
68 543
61 212

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
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.
₽9115
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
₽129557
₽85527
₽91268
₽126572
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
-
-
-
79 213
other
-
-
-
-
surtax
-
-
-
13 760
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
127 144
Employee
31 618
-
213 124
-
other
-
-
-
-
unemployment
2 200
-
8 721
-
pensions
2 110
-
8 358
-
surtax
112
-
12 638
-
income
5 301
-
73 598
-
health
807
-
3 195
-
total
10 530
-
106 510
-
Employer
31 618
-
213 124
-
health
1 438
-
5 701
-
pensions
4 216
-
16 703
-
unemployment
1 003
-
3 971
-
other
-
-
-
-
total
6 657
-
26 375
-
Corporate
201 225
239 500
-
-
income
52 318
62 270
-
-
total
52 318
62 270
-
-
Dividends
148 908
177 230
-
-
withholding
22 335
26 585
-
-
total
22 335
26 585
-
-
Income
239 500
239 500
239 500
239 500
Total tax
91 840
88 855
132 885
127 144
After tax
147 660
150 645
106 615
112 356
Living cost
21 088
21 088
21 088
21 088
Free-cash
126 572
129 557
85 527
91 268

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
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.
₽6035
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
₽100595
₽83243
₽91160
₽98512
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
social contributions
-
-
-
46 991
regional
-
-
-
3 908
municipal
-
-
-
1 539
national
-
-
-
70 611
total
-
-
-
123 049
Employee
52 081
-
239 500
-
municipal
276
-
1 424
-
national
8 251
-
64 325
-
regional
701
-
3 611
-
social contributions
17 562
-
61 606
-
total
26 790
-
130 966
-
Employer
52 081
-
239 500
-
total
-
-
-
-
Corporate
187 419
239 500
-
-
municipal
9 315
11 904
-
-
nationa
44 981
57 479
-
-
total
54 296
69 383
-
-
Dividends
133 124
170 117
-
-
withholding
34 611
44 231
-
-
total
34 611
44 231
-
-
Income
239 500
239 500
239 500
239 500
Total tax
115 697
113 614
130 966
123 049
After tax
123 803
125 886
108 534
116 451
Living cost
25 291
25 291
25 291
25 291
Free-cash
98 512
100 595
83 243
91 160

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
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.
₽6567
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
₽136566
₽104572
₽115388
₽126459
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
-
-
-
26 113
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
4 255
health
-
-
-
32 332
total
-
-
-
95 782
Employee
41 662
-
193 740
-
solidarity contribution
-
-
3 285
-
social contributions
2 708
-
7 364
-
income
4 999
-
24 033
-
health
5 624
-
26 155
-
total
13 331
-
60 837
-
Employer
41 662
-
193 740
-
health
3 750
-
17 437
-
social contributions
10 416
-
28 324
-
total
14 166
-
45 761
-
Corporate
183 673
239 500
-
-
income
34 898
45 505
-
-
total
34 898
45 505
-
-
Dividends
148 775
193 995
-
-
withholding
22 316
29 099
-
-
total
22 316
29 099
-
-
Income
239 500
239 500
239 500
239 500
Total tax
84 711
74 604
106 598
95 782
After tax
154 789
164 896
132 902
143 718
Living cost
28 330
28 330
28 330
28 330
Free-cash
126 459
136 566
104 572
115 388

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
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.
₽5203
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
₽101953
₽32164
₽92463
₽101490
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
-
-
-
81 684
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
959
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
117 083
Employee
41 041
37 416
201 249
-
other
410
374
1 098
-
unemployment
1 231
1 122
3 291
-
pensions
4 203
3 831
11 232
-
income
3 656
2 760
69 846
-
health
1 587
1 449
4 244
-
total
11 087
9 536
89 711
-
Employer
41 041
37 416
201 249
-
chamber of commerce
164
150
805
-
health
1 552
1 415
4 146
-
pensions
5 151
4 697
13 765
-
accident
533
486
1 425
-
unemployment
1 231
1 122
3 291
-
surtax
-
-
-
-
payroll
1 231
1 122
6 038
-
other
1 949
1 776
8 780
-
total
11 811
10 768
38 250
-
Corporate
186 648
191 316
197 685
-
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.

46 663
47 830
49 421
-
total
46 663
47 830
49 421
-
Dividends
139 985
143 486
-
-
withholding
38 495
39 459
-
-
total
38 495
39 459
-
-
Income
239 500
239 500
239 500
239 500
Total tax
108 056
107 593
177 382
117 083
After tax
131 444
131 907
62 118
122 417
Living cost
29 954
29 954
29 954
29 954
Free-cash
101 490
101 953
32 164
92 463

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
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.
₽8392
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
₽215758
₽179833
₽225338
₽213551
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
14 709
-
239 500
-
income
2 942
-
47 900
-
total
2 942
-
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%.

224 791
239 500
-
-
total
-
-
-
-
Dividends
224 791
239 500
-
-
withholding
11 240
11 975
-
-
total
11 240
11 975
-
-
Income
239 500
239 500
239 500
239 500
Total tax
14 182
11 975
47 900
2 395
After tax
225 318
227 525
191 600
237 105
Living cost
11 767
11 767
11 767
11 767
Free-cash
213 551
215 758
179 833
225 338

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
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.
₽2915
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
₽139713
₽77824
₽83023
₽131861
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
-
-
-
63 627
unemployment
-
-
-
360
health
-
-
-
23 568
pensions
-
-
-
43 739
total
-
-
-
131 294
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.

41 517
-
207 233
-
unemployment
59
-
290
-
pensions
6 435
-
32 120
-
income
7 160
-
58 430
-
health
2 681
-
13 386
-
total
16 335
-
104 226
-
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.

41 517
-
207 233
-
health
2 765
-
13 801
-
pensions
3 674
-
18 341
-
unemployment
25
-
125
-
total
6 464
-
32 267
-
Corporate
191 519
239 500
-
-
income
36 388
45 505
-
-
total
36 388
45 505
-
-
Dividends
155 131
193 995
-
-
withholding
23 269
29 099
-
-
total
23 269
29 099
-
-
Income
239 500
239 500
239 500
239 500
Total tax
82 456
74 604
136 493
131 294
After tax
157 044
164 896
103 007
108 206
Living cost
25 183
25 183
25 183
25 183
Free-cash
131 861
139 713
77 824
83 023

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
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.
₽5799
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
₽105611
₽187173
₽125413
₽61404
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
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
Corporate
100 926
239 500
-
-
income
22 204
52 690
-
-
total
22 204
52 690
-
-
Dividends
78 722
186 810
-
-
income
17 319
41 098
-
-
total
17 319
41 098
-
-
Income
239 500
239 500
239 500
239 500
Total tax
137 995
93 788
12 226
73 986
After tax
101 505
145 712
227 274
165 514
Living cost
40 101
40 101
40 101
40 101
Free-cash
61 404
105 611
187 173
125 413

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
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.
₽9799
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
₽106777
₽74298
₽94057
₽105833
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
-
-
-
32 766
surtax
-
-
-
-
social contributions

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

-
-
-
83 227
total
-
-
-
115 993
Employee
43 181
-
193 536
-
surtax
-
-
743
-
social contributions
4 750
-
21 290
-
income
8 982
-
67 755
-
total
13 732
-
89 788
-
Employer
43 181
-
193 536
-
social contributions
10 255
-
45 964
-
total
10 255
-
45 964
-
Corporate
186 063
239 500
-
-
income
39 073
50 296
-
-
surtax
-
-
-
-
total
39 073
50 296
-
-
Dividends
146 991
189 204
-
-
withholding
41 157
52 977
-
-
total
41 157
52 977
-
-
Income
239 500
239 500
239 500
239 500
Total tax
104 217
103 273
135 752
115 993
After tax
135 283
136 227
103 748
123 507
Living cost
29 450
29 450
29 450
29 450
Free-cash
105 833
106 777
74 298
94 057

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
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.
₽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 Lisbon model

Close
Paris , France
₽75361
₽74450
₽83260
₽81814
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
-
-
-
48 563
other
-
-
-
7 424
surtax
-
-
-
-
social contributions
-
-
-
6 824
health
-
-
-
12 442
pensions
-
-
-
35 640
total
-
-
-
110 893
Employee
58 804
-
181 447
-
pensions
6 651
-
14 239
-
surtax
-
-
-
-
social contributions
1 675
-
5 169
-
income
5 131
-
42 243
-
total
13 457
-
61 651
-
Employer
58 804
-
181 447
-
health
4 116
-
18 709
-
pensions
9 662
-
23 681
-
unemployment
2 382
-
7 348
-
social contributions
176
-
545
-
other
2 029
-
7 769
-
total
18 365
-
58 052
-
Corporate
162 330
239 500
-
-
income
45 453
67 060
-
-
surtax
-
-
-
-
total
45 453
67 060
-
-
Dividends
116 878
172 440
-
-
surtax
-
-
-
-
social contributions
20 103
29 660
-
-
withholding
14 961
22 072
-
-
total
35 064
51 732
-
-
Income
239 500
239 500
239 500
239 500
Total tax
112 339
118 792
119 703
110 893
After tax
127 161
120 708
119 797
128 607
Living cost
45 347
45 347
45 347
45 347
Free-cash
81 814
75 361
74 450
83 260

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
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.
₽10325
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
₽187328
₽151974
₽145608
₽184172
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
-
-
-
12 980
social contributions
-
-
-
52 690
total
-
-
-
65 670
Employee
30 184
-
207 358
-
income
-
-
13 687
-
social contributions
1 962
-
13 477
-
total
1 962
-
27 164
-
Employer
30 184
-
207 358
-
social contributions
4 679
-
32 140
-
total
4 679
-
32 140
-
Corporate
204 637
239 500
-
-
income
20 465
23 950
-
-
total
20 465
23 950
-
-
Dividends
184 173
215 550
-
-
total
-
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
27 106
23 950
59 304
65 670
After tax
212 394
215 550
180 196
173 830
Living cost
28 222
28 222
28 222
28 222
Free-cash
184 172
187 328
151 974
145 608

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
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.
₽7316
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
₽34942
₽34942
₽91753
₽17742
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
labour market
-
-
-
19 095
municipal
-
-
-
52 090
national
-
-
-
30 532
pensions
-
-
-
814
total
-
-
-
102 531
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
34 943
-
-
-
income
7 687
-
-
-
total
7 687
-
-
-
Dividends
27 256
-
-
-
withholding
9 513
-
-
-
total
9 513
-
-
-
Income
239 500
239 500
239 500
239 500
Total tax
176 542
159 342
159 342
102 531
After tax
62 958
80 158
80 158
136 969
Living cost
45 216
45 216
45 216
45 216
Free-cash
17 742
34 942
34 942
91 753

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
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.
₽9574
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
-₽1223
₽111996
₽142841
₽16236
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
-
-
-
240
income
-
-
-
69 410
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
76 037
Employee
32 441
-
219 956
-
pensions
3 653
-
7 259
-
income
4 450
-
54 894
-
health
3 715
-
25 185
-
total
11 818
-
87 338
-
Employer
32 441
-
219 956
-
pensions
5 275
-
10 482
-
accident
542
-
3 673
-
unemployment
795
-
5 389
-
total
6 612
-
19 544
-
Corporate
200 448
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.

180 403
215 550
-
-
total
180 403
215 550
-
-
Dividends
20 045
23 950
-
-
withholding
3 809
4 551
-
-
total
3 809
4 551
-
-
Income
239 500
239 500
239 500
239 500
Total tax
202 642
220 101
106 882
76 037
After tax
36 858
19 399
132 618
163 463
Living cost
20 622
20 622
20 622
20 622
Free-cash
16 236
-1 223
111 996
142 841

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
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.
₽4049
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
₽108614
₽80225
₽107659
₽112326
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
health
-
-
-
3 296
municipal
-
-
-
42 517
national
-
-
-
49 982
total
-
-
-
95 795
Employee
49 396
-
201 480
-
municipal
8 091
-
32 787
-
unemployment
741
-
3 022
-
pensions
3 334
-
13 600
-
national
816
-
33 088
-
health
369
-
2 712
-
total
13 351
-
85 209
-
Employer
49 396
-
201 480
-
health
380
-
1 552
-
pensions
8 570
-
34 957
-
accident
50
-
201
-
unemployment
321
-
1 310
-
total
9 321
-
38 020
-
Corporate
180 784
239 500
-
-
income
36 156
47 899
-
-
total
36 156
47 899
-
-
Dividends

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

108 471
143 701
-
-
municipal
19 524
25 867
-
-
national
12 776
21 074
-
-
total
32 300
46 941
-
-
Income
239 500
239 500
239 500
239 500
Total tax
91 128
94 840
123 229
95 795
After tax
148 372
144 660
116 271
143 705
Living cost
36 046
36 046
36 046
36 046
Free-cash
112 326
108 614
80 225
107 659

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
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.
₽8461
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
₽152737
₽136343
₽138248
₽147628
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
-
-
-
58 215
social contributions
-
-
-
15 191
health
-
-
-
6 108
total
-
-
-
79 514
Employee
72 195
72 195
227 215
-
social contributions
2 730
5 992
8 082
-
income
7 861
6 683
57 189
-
health
559
1 228
3 863
-
total
11 150
13 903
69 134
-
Employer
72 195
72 195
227 215
-
health
608
1 336
4 203
-
social contributions
2 730
5 992
8 082
-
total
3 338
7 328
12 285
-
Corporate
203 275
159 977
-
-
income
25 409
19 998
-
-
total
25 409
19 998
-
-
Dividends
177 867
139 979
-
-
withholding
30 237
23 796
-
-
total
30 237
23 796
-
-
Income
239 500
239 500
239 500
239 500
Total tax
70 134
65 025
81 419
79 514
After tax
169 366
174 475
158 081
159 986
Living cost
21 738
21 738
21 738
21 738
Free-cash
147 628
152 737
136 343
138 248

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
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.
₽6097
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
₽183423
₽171384
₽190216
₽178647
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
-
-
-
24 980
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
34 377
Employee

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

21 550
-
230 324
-
unemployment
107
-
445
-
pensions
3 232
-
13 363
-
income
1 473
-
22 653
-
health
1 832
-
7 572
-
total
6 644
-
44 033
-
Employer

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

21 550
-
230 324
-
health
926
-
3 831
-
pensions
1 185
-
4 900
-
unemployment
107
-
445
-
total
2 218
-
9 176
-
Corporate
215 731
239 500
-
-
income
19 415
21 555
-
-
total
19 415
21 555
-
-
Dividends
196 316
217 945
-
-
withholding
17 669
19 615
-
-
total
17 669
19 615
-
-
Income
239 500
239 500
239 500
239 500
Total tax
45 946
41 170
53 209
34 377
After tax
193 554
198 330
186 291
205 123
Living cost
14 907
14 907
14 907
14 907
Free-cash
178 647
183 423
171 384
190 216

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
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.
₽3877
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
₽132930
₽103818
₽107759
₽128783
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
-
-
-
784
income
-
-
-
79 816
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
105 923
Employee
34 716
-
211 757
-
other
34
-
87
-
unemployment
538
-
1 349
-
pensions
1 632
-
4 091
-
income
6 693
-
76 593
-
total
8 897
-
82 120
-
Employer
34 716
-
211 757
-
pensions
8 192
-
20 538
-
accident
688
-
1 723
-
unemployment
1 910
-
4 786
-
other
278
-
697
-
total
11 068
-
27 744
-
Corporate
193 716
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.

29 058
35 924
-
-
total
29 058
35 924
-
-
Dividends
164 658
203 576
-
-
withholding
35 876
44 828
-
-
total
35 876
44 828
-
-
Income
239 500
239 500
239 500
239 500
Total tax
84 899
80 752
109 864
105 923
After tax
154 601
158 748
129 636
133 577
Living cost
25 818
25 818
25 818
25 818
Free-cash
128 783
132 930
103 818
107 759

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
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.
₽5457
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
₽147551
₽152530
₽152664
₽147239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
income
-
-
-
82 552
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
84 939
Employee
2 889
-
237 943
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
82 479
-
health
144
-
346
-
total
992
-
83 517
-
Employer
2 889
-
237 943
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
235 960
239 500
-
-
income
51 911
52 690
-
-
total
51 911
52 690
-
-
Dividends
184 049
186 810
-
-
withholding
36 810
37 362
-
-
total
36 810
37 362
-
-
Income
239 500
239 500
239 500
239 500
Total tax
90 364
90 052
85 073
84 939
After tax
149 136
149 448
154 427
154 561
Living cost
1 897
1 897
1 897
1 897
Free-cash
147 239
147 551
152 530
152 664

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
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.
₽572
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
₽156794
₽141062
₽141063
₽152169
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
-
-
-
55 951
unemployment
-
-
-
1 041
health
-
-
-
7 150
pensions
-
-
-
18 050
total
-
-
-
82 192
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.

24 497
-
227 074
-
unemployment
184
-
521
-
pensions
3 430
-
9 719
-
income
3 377
-
55 951
-
health
1 262
-
3 575
-
total
8 253
-
69 766
-
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.

24 497
-
227 074
-
health
1 262
-
3 575
-
pensions
2 940
-
8 331
-
unemployment
184
-
521
-
total
4 386
-
12 427
-
Corporate
210 618
239 500
-
-
income
31 593
35 925
-
-
total
31 593
35 925
-
-
Dividends
179 026
203 575
-
-
withholding
26 854
30 536
-
-
total
26 854
30 536
-
-
Income
239 500
239 500
239 500
239 500
Total tax
71 086
66 461
82 193
82 192
After tax
168 414
173 039
157 307
157 308
Living cost
16 245
16 245
16 245
16 245
Free-cash
152 169
156 794
141 062
141 063

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
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.
₽3581
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
₽110915
₽78437
₽98195
₽110577
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
-
-
-
32 766
surtax
-
-
-
-
social contributions

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

-
-
-
83 227
total
-
-
-
115 993
Employee
36 440
-
193 536
-
surtax
-
-
743
-
social contributions
4 009
-
21 290
-
income
7 120
-
67 755
-
total
11 129
-
89 788
-
Employer
36 440
-
193 536
-
social contributions
8 654
-
45 964
-
total
8 654
-
45 964
-
Corporate
194 406
239 500
-
-
income
40 826
50 296
-
-
surtax
-
-
-
-
total
40 826
50 296
-
-
Dividends
153 580
189 204
-
-
withholding
43 003
52 977
-
-
total
43 003
52 977
-
-
Income
239 500
239 500
239 500
239 500
Total tax
103 612
103 273
135 752
115 993
After tax
135 888
136 227
103 748
123 507
Living cost
25 312
25 312
25 312
25 312
Free-cash
110 577
110 915
78 437
98 195

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
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.
₽5178
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
₽125752
₽96640
₽100581
₽119608
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
-
-
-
784
income
-
-
-
79 816
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
105 923
Employee
45 344
-
211 757
-
other
45
-
87
-
unemployment
702
-
1 349
-
pensions
2 131
-
4 091
-
income
9 471
-
76 593
-
total
12 349
-
82 120
-
Employer
45 344
-
211 757
-
pensions
10 701
-
20 538
-
accident
898
-
1 723
-
unemployment
2 494
-
4 786
-
other
363
-
697
-
total
14 456
-
27 744
-
Corporate
179 700
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.

26 955
35 924
-
-
total
26 955
35 924
-
-
Dividends
152 744
203 576
-
-
withholding
33 136
44 828
-
-
total
33 136
44 828
-
-
Income
239 500
239 500
239 500
239 500
Total tax
86 896
80 752
109 864
105 923
After tax
152 604
158 748
129 636
133 577
Living cost
32 996
32 996
32 996
32 996
Free-cash
119 608
125 752
96 640
100 581

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
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.
₽6270
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
₽188622
₽188857
₽178667
₽182898
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
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
44 682
Employee
21 387
-
233 066
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 880
-
income
2 139
-
23 307
-
health
984
-
1 509
-
total
5 236
-
28 057
-
Employer
21 387
-
233 066
-
health
1 476
-
2 263
-
pensions

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

2 357
-
3 614
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
unemployment
128
-
197
-
total
4 196
-
6 435
-
Corporate
213 917
239 500
-
-
income
21 392
23 950
-
-
total
21 392
23 950
-
-
Dividends
192 525
215 550
-
-
withholding
9 627
10 777
-
-
total
9 627
10 777
-
-
Income
239 500
239 500
239 500
239 500
Total tax
40 451
34 727
34 492
44 682
After tax
199 049
204 773
205 008
194 818
Living cost
16 151
16 151
16 151
16 151
Free-cash
182 898
188 622
188 857
178 667

Estimated living cost  is ₽16151 per week

₽10682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
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.
₽4160
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
₽86888
₽110064
₽81959
₽99172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
239 500
income

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

-
-
-
82 250
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.

-
-
-
4 524
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.

-
-
-
6 414
trade
-
-
-
28 105
total
-
-
-
121 293
Employee

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

46 715
-
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.

212
-
4 524
-
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.

3 841
-
82 250
-
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.

6 414
-
6 414
-
total
10 467
-
93 188
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 785
239 500
-
-
income
28 917
35 924
-
-
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.

1 591
1 976
-
-
chamber of commerce
426
494
-
-
trade
27 664
34 369
-
-
total
58 598
72 763
-
-
Dividends
134 187
166 737
-
-
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.

1 826
2 273
-
-
withholding
33 189
41 328
-
-
total
35 015
43 601
-
-
Income
239 500
239 500
239 500
239 500
Total tax
104 080
116 364
93 188
121 293
After tax
135 420
123 136
146 312
118 207
Living cost
36 248
36 248
36 248
36 248
Free-cash
99 172
86 888
110 064
81 959

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6817
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
₽114166
₽64060
₽64060
₽116241
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
-
-
-
80 282
social contributions
-
-
-
41 675
total
-
-
-
121 957
Employee
73 441
-
239 500
-
income
13 858
-
80 282
-
social contributions
6 101
-
41 675
-
total
19 959
-
121 957
-
Employer
73 441
-
239 500
-
total
-
-
-
-
Corporate
166 059
239 500
-
-
income
20 757
29 938
-
-
total
20 757
29 938
-
-
Dividends
145 302
209 562
-
-
withholding
29 060
41 913
-
-
total
29 060
41 913
-
-
Income
239 500
239 500
239 500
239 500
Total tax
69 776
71 851
121 957
121 957
After tax
169 724
167 649
117 543
117 543
Living cost
53 483
53 483
53 483
53 483
Free-cash
116 241
114 166
64 060
64 060

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
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.
₽7925
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
₽116633
₽131684
₽163814
₽119915
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
-
-
-
35 924
health

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

-
-
-
5 680
total
-
-
-
41 604
Employee
43 070
-
235 181
-
income
4 673
-
65 096
-
social contributions
4 315
-
4 319
-
total
8 988
-
69 415
-
Employer
43 070
-
235 181
-
social contributions
4 315
-
4 319
-
total
4 315
-
4 319
-
Corporate
192 115
239 500
-
-
income
67 240
83 825
-
-
total
67 240
83 825
-
-
Dividends
124 875
155 675
-
-
social contributions
4 960
4 960
-
-
total
4 960
4 960
-
-
Income
239 500
239 500
239 500
239 500
Total tax
85 503
88 785
73 734
41 604
After tax
153 997
150 715
165 766
197 896
Living cost
34 082
34 082
34 082
34 082
Free-cash
119 915
116 633
131 684
163 814

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
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.
₽8422
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
₽113851
₽97034
₽118303
₽119429
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
-
-
-
76 263
pensions
-
-
-
9 946
total
-
-
-
86 209
Employee
48 026
-
208 537
-
pensions
3 666
-
11 696
-
income
8 746
-
62 082
-
health
626
-
2 737
-
total
13 038
-
76 515
-
Employer
48 026
-
208 537
-
health
913
-
3 962
-
pensions
4 852
-
27 001
-
total
5 765
-
30 963
-
Corporate
185 709
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.

35 284
45 505
-
-
total
35 284
45 505
-
-
Dividends
150 425
193 995
-
-
withholding
30 996
45 156
-
-
total
30 996
45 156
-
-
Income
239 500
239 500
239 500
239 500
Total tax
85 083
90 661
107 478
86 209
After tax
154 417
148 839
132 022
153 291
Living cost
34 988
34 988
34 988
34 988
Free-cash
119 429
113 851
97 034
118 303

Estimated living cost  is ₽34988 per week

₽24001
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.
₽438
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.
₽7329
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
-₽3265
₽109954
₽140799
₽15924
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
-
-
-
240
income
-
-
-
69 410
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
76 037
Employee
35 652
-
219 956
-
pensions
4 014
-
7 259
-
income
4 891
-
54 894
-
health
4 082
-
25 185
-
total
12 987
-
87 338
-
Employer
35 652
-
219 956
-
pensions
5 797
-
10 482
-
accident
595
-
3 673
-
unemployment
873
-
5 389
-
total
7 265
-
19 544
-
Corporate
196 583
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.

176 925
215 550
-
-
total
176 925
215 550
-
-
Dividends
19 658
23 950
-
-
withholding
3 735
4 551
-
-
total
3 735
4 551
-
-
Income
239 500
239 500
239 500
239 500
Total tax
200 912
220 101
106 882
76 037
After tax
38 588
19 399
132 618
163 463
Living cost
22 664
22 664
22 664
22 664
Free-cash
15 924
-3 265
109 954
140 799

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
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.
₽4254
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
₽170531
₽165551
₽144900
₽167689
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
income
-
-
-
40 608
unemployment
-
-
-
1 802
work injury
-
-
-
751
health insurance
-
-
-
11 115
pensions
-
-
-
27 637
total
-
-
-
81 913
Employee

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

20 298
-
239 500
-
health insurance
1 502
-
5 558
-
unemployment
244
-
901
-
work injury
101
-
376
-
pensions
3 735
-
13 819
-
income
2 030
-
40 608
-
total
7 612
-
61 262
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
219 202
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%.

21 920
23 950
-
-
total
21 920
23 950
-
-
Dividends
197 281
215 550
-
-
withholding
29 592
32 332
-
-
total
29 592
32 332
-
-
Income
239 500
239 500
239 500
239 500
Total tax
59 124
56 282
61 262
81 913
After tax
180 376
183 218
178 238
157 587
Living cost
12 687
12 687
12 687
12 687
Free-cash
167 689
170 531
165 551
144 900

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
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.
₽3509
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
₽88751
₽68954
₽76665
₽84480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 500
social contributions
-
-
-
46 991
regional
-
-
-
6 098
municipal
-
-
-
1 732
national
-
-
-
70 611
total
-
-
-
125 432
Employee
79 116
-
239 500
-
municipal
472
-
1 602
-
national
13 370
-
64 325
-
regional
1 194
-
5 610
-
social contributions
26 677
-
61 606
-
total
41 713
-
133 143
-
Employer
79 116
-
239 500
-
total
-
-
-
-
Corporate
160 384
239 500
-
-
municipal
7 731
11 544
-
-
nationa
38 492
57 479
-
-
total
46 223
69 023
-
-
Dividends
114 162
170 477
-
-
withholding
29 681
44 323
-
-
total
29 681
44 323
-
-
Income
239 500
239 500
239 500
239 500
Total tax
117 617
113 346
133 143
125 432
After tax
121 883
126 154
106 357
114 068
Living cost
37 403
37 403
37 403
37 403
Free-cash
84 480
88 751
68 954
76 665

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
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.
₽7991
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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close