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
₽ 240500
per

Your estimated
City
free-cash

Dresden , Germany
₽90887
₽117412
₽86860
₽101956
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.

-
-
-
240 500
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.

-
-
-
81 466
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.

-
-
-
4 481
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.

-
-
-
6 835
trade
-
-
-
30 552
total
-
-
-
123 334
Employee

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

38 269
-
240 500
-
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.

59
-
4 481
-
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.

1 069
-
81 466
-
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.

6 835
-
6 835
-
total
7 963
-
92 782
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
202 231
240 500
-
-
income
30 334
36 076
-
-
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.

1 669
1 984
-
-
chamber of commerce
442
497
-
-
trade
31 851
37 879
-
-
total
64 296
76 436
-
-
Dividends
137 935
164 063
-
-
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.

1 876
2 235
-
-
withholding
34 103
40 636
-
-
total
35 979
42 871
-
-
Income
240 500
240 500
240 500
240 500
Total tax
108 238
119 307
92 782
123 334
After tax
132 262
121 193
147 718
117 166
Living cost
30 306
30 306
30 306
30 306
Free-cash
101 956
90 887
117 412
86 860

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
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
₽97021
₽84876
₽83585
₽96139
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
-
-
-
240 500
social contributions
-
-
-
2 585
municipal
-
-
-
26 744
national
-
-
-
45 675
pensions
-
-
-
28 860
total
-
-
-
103 864
Employee
82 238
-
207 910
-
municipal
10 158
-
27 675
-
pensions
3 290
-
8 316
-
national
15 740
-
47 714
-
total
29 188
-
83 705
-
Employer
82 238
-
207 910
-
pensions
6 579
-
16 633
-
social contributions
884
-
2 235
-
total
7 463
-
18 868
-
Corporate
145 371
240 500
-
-
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%.

29 074
48 100
-
-
total
29 074
48 100
-
-
Dividends
116 297
192 400
-
-
withholding
25 585
42 328
-
-
total
25 585
42 328
-
-
Income
240 500
240 500
240 500
240 500
Total tax
91 310
90 428
102 573
103 864
After tax
149 190
150 072
137 927
136 636
Living cost
53 051
53 051
53 051
53 051
Free-cash
96 139
97 021
84 876
83 585

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
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.
₽11267
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
₽171584
₽84558
₽67697
₽163379
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.

-
-
-
240 500
income
-
-
-
52 325
surtax
-
-
-
61 327
social contributions

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

-
-
-
38 335
microenterprise
-
-
-
-
total
-
-
-
151 987
Employee
29 236
-
190 788
-
surtax
-
-
27 664
-
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.

3 216
-
13 116
-
income
5 204
-
44 633
-
total
8 420
-
85 413
-
Employer
29 236
-
190 788
-
social contributions

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

7 042
-
28 726
-
surtax
-
-
20 987
-
total
7 042
-
49 713
-
Corporate
204 221
240 500
-
-
income

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

40 843
48 100
-
-
total
40 843
48 100
-
-
Dividends

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

163 378
192 400
-
-
total
-
-
-
-
Income
240 500
240 500
240 500
240 500
Total tax
56 305
48 100
135 126
151 987
After tax
184 195
192 400
105 374
88 513
Living cost
20 816
20 816
20 816
20 816
Free-cash
163 379
171 584
84 558
67 697

Estimated living cost  is ₽20816 per week

₽13280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
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.
₽5081
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
₽78114
₽111870
₽86391
₽71985
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
-
-
-
240 500
income
-
-
-
88 134
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
112 195
Employee
85 442
85 442
221 906
-
pensions
15 380
11 723
11 723
-
income

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

13 986
13 986
44 061
-
health
13 114
11 155
12 338
-
total
42 480
36 864
68 122
-
Employer
85 442
85 442
221 906
-
health
5 939
5 939
7 380
-
pensions
5 947
5 947
7 392
-
unemployment
3 076
3 076
3 822
-
total
14 962
14 962
18 594
-
Corporate
141 144
140 096
-
-
income
28 228
28 019
-
-
total
28 228
28 019
-
-
Dividends
112 916
112 076
-
-
income
23 994
23 816
-
-
withholding
16 937
16 811
-
-
total
40 931
40 627
-
-
Income
240 500
240 500
240 500
240 500
Total tax
126 601
120 472
86 716
112 195
After tax
113 899
120 028
153 784
128 305
Living cost
41 914
41 914
41 914
41 914
Free-cash
71 985
78 114
111 870
86 391

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
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.
₽7766
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
₽90212
₽77754
₽78751
₽89290
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
-
-
-
240 500
accident
-
-
-
180
other
-
-
-
10 467
unemployment
-
-
-
90
health
-
-
-
5 621
municipal
-
-
-
63 935
national
-
-
-
30 617
pensions
-
-
-
9 738
total
-
-
-
120 648
Employee
58 565
-
212 197
-
municipal
17 464
-
63 277
-
national
-
-
30 065
-
total
17 464
-
93 342
-
Employer
58 565
-
212 197
-
health
3 602
-
5 540
-
pensions
6 331
-
9 738
-
accident
117
-
180
-
unemployment
1 546
-
2 378
-
other
6 805
-
10 467
-
total
18 401
-
28 303
-
Corporate
163 534
240 500
-
-
income
35 977
52 910
-
-
total
35 977
52 910
-
-
Dividends
127 556
187 590
-
-
withholding
38 267
56 277
-
-
total
38 267
56 277
-
-
Income
240 500
240 500
240 500
240 500
Total tax
110 109
109 187
121 645
120 648
After tax
130 391
131 313
118 855
119 852
Living cost
41 101
41 101
41 101
41 101
Free-cash
89 290
90 212
77 754
78 751

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
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.
₽9204
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
₽80650
₽108413
₽76503
₽94710
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.

-
-
-
240 500
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.

-
-
-
81 466
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.

-
-
-
4 481
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.

-
-
-
6 835
trade
-
-
-
31 910
total
-
-
-
124 692
Employee

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

50 740
-
240 500
-
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.

239
-
4 481
-
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.

4 359
-
81 466
-
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.

6 835
-
6 835
-
total
11 433
-
92 782
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 760
240 500
-
-
income
28 464
36 076
-
-
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.

1 566
1 984
-
-
chamber of commerce
422
494
-
-
trade
31 215
39 562
-
-
total
61 667
78 116
-
-
Dividends
128 094
162 385
-
-
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.

1 741
2 212
-
-
withholding
31 644
40 217
-
-
total
33 385
42 429
-
-
Income
240 500
240 500
240 500
240 500
Total tax
106 485
120 545
92 782
124 692
After tax
134 015
119 955
147 718
115 808
Living cost
39 305
39 305
39 305
39 305
Free-cash
94 710
80 650
108 413
76 503

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
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.
₽8286
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
₽142786
₽126770
₽128711
₽138635
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
-
-
-
240 500
income
-
-
-
57 015
social contributions
-
-
-
16 188
health
-
-
-
6 133
total
-
-
-
79 336
Employee
76 937
76 937
227 676
-
social contributions
3 739
6 385
8 613
-
income
8 079
7 122
55 970
-
health
765
1 308
3 870
-
total
12 583
14 815
68 453
-
Employer
76 937
76 937
227 676
-
health
834
1 424
4 211
-
social contributions
3 739
6 385
8 613
-
total
4 573
7 809
12 824
-
Corporate
190 892
155 754
-
-
income
23 861
19 469
-
-
total
23 861
19 469
-
-
Dividends
167 031
136 284
-
-
withholding
28 395
23 168
-
-
total
28 395
23 168
-
-
Income
240 500
240 500
240 500
240 500
Total tax
69 412
65 261
81 277
79 336
After tax
171 088
175 239
159 223
161 164
Living cost
32 453
32 453
32 453
32 453
Free-cash
138 635
142 786
126 770
128 711

Estimated living cost  is ₽32453 per week

₽22185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
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.
₽7189
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
₽116599
₽121048
₽148236
₽116981
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
-
-
-
240 500
income
-
-
-
29 401
unemployment
-
-
-
3 607
health
-
-
-
16 835
pensions
-
-
-
24 050
total
-
-
-
73 893
Employee

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

The minimum wage is 138,000 HUF per month.

26 520
10 554
201 255
-
unemployment
398
158
3 019
-
pensions
2 652
1 055
20 126
-
income
3 242
1 290
24 603
-
health
1 856
739
14 088
-
total
8 148
3 242
61 836
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 520
10 554
201 255
-
pensions
5 171
2 058
39 245
-
total
5 171
2 058
39 245
-
Corporate
208 809
227 887
-
-
income
18 793
20 510
-
-
total
18 793
20 510
-
-
Dividends
190 016
207 378
-
-
social contributions
36 933
40 318
-
-
withholding
36 103
39 402
-
-
total
73 036
79 720
-
-
Income
240 500
240 500
240 500
240 500
Total tax
105 148
105 530
101 081
73 893
After tax
135 352
134 970
139 419
166 607
Living cost
18 371
18 371
18 371
18 371
Free-cash
116 981
116 599
121 048
148 236

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
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.
₽3964
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
₽168233
₽114452
₽104742
₽162018
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
-
-
-
240 500
income
-
-
-
32 227
health
-
-
-
31 264
pensions
-
-
-
48 100
total
-
-
-
111 591
Employee
28 384
-
179 745
-
unemployment
454
-
2 877
-
pensions
568
-
3 594
-
income
3 196
-
34 655
-
total
4 218
-
41 126
-
Employer
28 384
-
179 745
-
health
3 689
-
23 368
-
pensions
5 677
-
35 950
-
unemployment
228
-
1 437
-
total
9 594
-
60 755
-
Corporate
202 522
240 500
-
-
income
40 503
48 100
-
-
total
40 503
48 100
-
-
Dividends
162 018
192 400
-
-
total
-
-
-
-
Income
240 500
240 500
240 500
240 500
Total tax
54 315
48 100
101 881
111 591
After tax
186 185
192 400
138 619
128 909
Living cost
24 167
24 167
24 167
24 167
Free-cash
162 018
168 233
114 452
104 742

Estimated living cost  is ₽24167 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5666
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
-₽2822
₽110510
₽141881
₽16060
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
-
-
-
240 500
accident
-
-
-
256
income
-
-
-
69 256
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
76 317
Employee
35 083
-
220 257
-
pensions
3 950
-
7 734
-
income
4 813
-
54 492
-
health
4 017
-
25 219
-
total
12 780
-
87 445
-
Employer
35 083
-
220 257
-
pensions
5 705
-
11 169
-
accident
586
-
3 678
-
unemployment
859
-
5 396
-
total
7 150
-
20 243
-
Corporate
198 268
240 500
-
-
income

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

178 441
216 450
-
-
total
178 441
216 450
-
-
Dividends
19 827
24 050
-
-
withholding
3 767
4 570
-
-
total
3 767
4 570
-
-
Income
240 500
240 500
240 500
240 500
Total tax
202 138
221 020
107 688
76 317
After tax
38 362
19 480
132 812
164 183
Living cost
22 302
22 302
22 302
22 302
Free-cash
16 060
-2 822
110 510
141 881

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
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.
₽4256
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
₽220410
₽184335
₽230030
₽218898
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%.

-
-
-
240 500
microenterprise

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

-
-
-
2 405
total
-
-
-
2 405
Employee
10 081
-
240 500
-
income
2 016
-
48 100
-
total
2 016
-
48 100
-
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%.

230 419
240 500
-
-
total
-
-
-
-
Dividends
230 419
240 500
-
-
withholding
11 521
12 025
-
-
total
11 521
12 025
-
-
Income
240 500
240 500
240 500
240 500
Total tax
13 537
12 025
48 100
2 405
After tax
226 963
228 475
192 400
238 095
Living cost
8 065
8 065
8 065
8 065
Free-cash
218 898
220 410
184 335
230 030

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
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.
₽2175
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
₽150033
₽118170
₽120121
₽143277
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
-
-
-
240 500
income
-
-
-
43 281
other
-
-
-
7 227
health
-
-
-
6 695
pensions

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

-
-
-
36 516
total
-
-
-
93 719
Employee
36 329
-
201 762
-
unemployment
363
-
1 521
-
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.

2 542
-
10 650
-
income
6 254
-
42 632
-
health
509
-
2 130
-
total
9 668
-
56 933
-
Employer
36 329
-
201 762
-
health
509
-
2 130
-
pensions

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

6 177
-
25 866
-
accident
291
-
1 614
-
unemployment
363
-
1 521
-
other
1 817
-
7 606
-
total
9 157
-
38 737
-
Corporate
195 016
240 500
-
-
income
40 953
50 506
-
-
total
40 953
50 506
-
-
Dividends
154 062
189 994
-
-
withholding
10 785
13 301
-
-
total
10 785
13 301
-
-
Income
240 500
240 500
240 500
240 500
Total tax
70 563
63 807
95 670
93 719
After tax
169 937
176 693
144 830
146 781
Living cost
26 660
26 660
26 660
26 660
Free-cash
143 277
150 033
118 170
120 121

Estimated living cost  is ₽26660 per week

₽18837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
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.
₽5594
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
₽84004
₽66805
₽88209
₽91992
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
-
-
-
240 500
income
-
-
-
75 723
pensions
-
-
-
10 240
total
-
-
-
85 963
Employee
93 844
-
209 483
-
pensions
9 053
-
12 114
-
income
16 916
-
61 454
-
health
1 546
-
2 781
-
total
27 515
-
76 349
-
Employer
93 844
-
209 483
-
health
1 782
-
3 980
-
pensions
11 080
-
27 038
-
total
12 862
-
31 018
-
Corporate
133 794
240 500
-
-
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.

25 421
45 695
-
-
total
25 421
45 695
-
-
Dividends
108 372
194 805
-
-
withholding
16 382
44 473
-
-
total
16 382
44 473
-
-
Income
240 500
240 500
240 500
240 500
Total tax
82 180
90 168
107 367
85 963
After tax
158 320
150 332
133 133
154 537
Living cost
66 328
66 328
66 328
66 328
Free-cash
91 992
84 004
66 805
88 209

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
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.
₽8295
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
₽192515
₽192109
₽181983
₽187868
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
-
-
-
240 500
income
-
-
-
36 075
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
45 404
Employee
17 364
-
233 646
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
pensions

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

1 525
-
3 068
-
income
1 736
-
23 364
-
health
799
-
1 607
-
total
4 251
-
28 423
-
Employer
17 364
-
233 646
-
health
1 198
-
2 411
-
pensions

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

1 914
-
3 850
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
210
-
total
3 407
-
6 855
-
Corporate
219 729
240 500
-
-
income
21 973
24 050
-
-
total
21 973
24 050
-
-
Dividends
197 756
216 450
-
-
withholding
9 888
10 822
-
-
total
9 888
10 822
-
-
Income
240 500
240 500
240 500
240 500
Total tax
39 519
34 872
35 278
45 404
After tax
200 981
205 628
205 222
195 096
Living cost
13 113
13 113
13 113
13 113
Free-cash
187 868
192 515
192 109
181 983

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽64546
₽98302
₽72823
₽67061
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
-
-
-
240 500
income
-
-
-
88 134
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
112 195
Employee
92 763
85 442
221 906
-
pensions
11 723
11 723
11 723
-
income

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

13 986
13 986
44 061
-
health
11 573
11 155
12 338
-
total
37 282
36 864
68 122
-
Employer
92 763
85 442
221 906
-
health
6 446
5 939
7 380
-
pensions
6 456
5 947
7 392
-
unemployment
3 340
3 076
3 822
-
total
16 242
14 962
18 594
-
Corporate
131 495
140 096
-
-
income
26 299
28 019
-
-
total
26 299
28 019
-
-
Dividends
105 196
112 076
-
-
income
22 354
23 816
-
-
withholding
15 780
16 811
-
-
total
38 134
40 627
-
-
Income
240 500
240 500
240 500
240 500
Total tax
117 957
120 472
86 716
112 195
After tax
122 543
120 028
153 784
128 305
Living cost
55 482
55 482
55 482
55 482
Free-cash
67 061
64 546
98 302
72 823

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
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.
₽8964
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
₽140724
₽107414
₽118079
₽131855
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
-
-
-
240 500
income
-
-
-
25 839
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
3 482
health
-
-
-
32 467
total
-
-
-
97 561
Employee
36 559
-
192 544
-
solidarity contribution
-
-
2 525
-
social contributions
2 376
-
7 963
-
income
4 387
-
23 788
-
health
4 936
-
25 993
-
total
11 699
-
60 269
-
Employer
36 559
-
192 544
-
health
3 290
-
17 329
-
social contributions
9 140
-
30 628
-
total
12 430
-
47 957
-
Corporate
191 511
240 500
-
-
income
36 387
45 695
-
-
total
36 387
45 695
-
-
Dividends
155 124
194 805
-
-
withholding
23 269
29 221
-
-
total
23 269
29 221
-
-
Income
240 500
240 500
240 500
240 500
Total tax
83 785
74 916
108 226
97 561
After tax
156 715
165 584
132 274
142 939
Living cost
24 860
24 860
24 860
24 860
Free-cash
131 855
140 724
107 414
118 079

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
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.
₽5335
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
₽86097
₽66170
₽74653
₽80874
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
-
-
-
240 500
social contributions
-
-
-
50 077
regional
-
-
-
3 114
municipal
-
-
-
1 523
national
-
-
-
68 914
total
-
-
-
123 628
Employee
88 922
-
240 500
-
municipal
471
-
1 399
-
national
15 408
-
62 217
-
regional
839
-
2 843
-
social contributions
29 985
-
65 652
-
total
46 703
-
132 111
-
Employer
88 922
-
240 500
-
total
-
-
-
-
Corporate
151 578
240 500
-
-
municipal
5 911
9 380
-
-
nationa
36 379
57 719
-
-
total
42 290
67 099
-
-
Dividends
109 288
173 401
-
-
withholding
28 414
45 085
-
-
total
28 414
45 085
-
-
Income
240 500
240 500
240 500
240 500
Total tax
117 407
112 184
132 111
123 628
After tax
123 093
128 316
108 389
116 872
Living cost
42 219
42 219
42 219
42 219
Free-cash
80 874
86 097
66 170
74 653

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
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.
₽9372
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
₽129195
₽84764
₽90881
₽126083
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
-
-
-
240 500
income
-
-
-
77 787
other
-
-
-
-
surtax
-
-
-
13 338
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
127 540
Employee
33 087
-
212 391
-
other
-
-
-
-
unemployment
2 303
-
9 294
-
pensions
2 206
-
8 907
-
surtax
108
-
12 140
-
income
5 546
-
71 804
-
health
845
-
3 404
-
total
11 008
-
105 549
-
Employer
33 087
-
212 391
-
health
1 506
-
6 076
-
pensions
4 411
-
17 800
-
unemployment
1 048
-
4 232
-
other
-
-
-
-
total
6 965
-
28 108
-
Corporate
200 448
240 500
-
-
income
52 116
62 530
-
-
total
52 116
62 530
-
-
Dividends
148 332
177 970
-
-
withholding
22 249
26 696
-
-
total
22 249
26 696
-
-
Income
240 500
240 500
240 500
240 500
Total tax
92 338
89 226
133 657
127 540
After tax
148 162
151 274
106 843
112 960
Living cost
22 079
22 079
22 079
22 079
Free-cash
126 083
129 195
84 764
90 881

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
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.
₽6032
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
₽105019
₽87820
₽109224
₽111572
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
-
-
-
240 500
income
-
-
-
75 723
pensions
-
-
-
10 240
total
-
-
-
85 963
Employee
62 892
-
209 483
-
pensions
5 338
-
12 114
-
income
11 327
-
61 454
-
health
913
-
2 781
-
total
17 578
-
76 349
-
Employer
62 892
-
209 483
-
health
1 195
-
3 980
-
pensions
6 808
-
27 038
-
total
8 003
-
31 018
-
Corporate
169 606
240 500
-
-
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.

32 225
45 695
-
-
total
32 225
45 695
-
-
Dividends
137 380
194 805
-
-
withholding
25 809
44 473
-
-
total
25 809
44 473
-
-
Income
240 500
240 500
240 500
240 500
Total tax
83 615
90 168
107 367
85 963
After tax
156 885
150 332
133 133
154 537
Living cost
45 313
45 313
45 313
45 313
Free-cash
111 572
105 019
87 820
109 224

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7494
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
₽30728
₽102646
₽111050
₽64633
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
-
-
-
240 500
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.

-
-
-
4 809
regional
-
-
-
13 669
health
-
-
-
541
city
-
-
-
2 534
national
-
-
-
6 525
pensions
-
-
-
22 126
total
-
-
-
50 204
Employee
92 738
-
216 652
-
unemployment
-
-
-
-
pensions
7 791
-
16 643
-
national
439
-
5 428
-
regional
3 037
-
12 238
-
city
995
-
2 347
-
health
210
-
488
-
total
12 472
-
37 144
-
Employer
92 738
-
216 652
-
health
210
-
488
-
pensions
7 791
-
16 643
-
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.

1 854
-
4 333
-
total
9 855
-
21 464
-
Corporate
136 887
240 500
-
-
regional
28 953
50 865
-
-
national
11 636
20 443
-
-
total
40 589
71 308
-
-
Dividends
96 298
169 192
-
-
withholding
33 705
59 218
-
-
total
33 705
59 218
-
-
Income
240 500
240 500
240 500
240 500
Total tax
96 621
130 526
58 608
50 204
After tax
143 879
109 974
181 892
190 296
Living cost
79 246
79 246
79 246
79 246
Free-cash
64 633
30 728
102 646
111 050

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
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.
₽19629
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
₽72885
₽101883
₽68616
₽89107
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.

-
-
-
240 500
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.

-
-
-
81 466
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.

-
-
-
4 481
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.

-
-
-
6 835
trade
-
-
-
33 267
total
-
-
-
126 049
Employee

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

60 131
-
240 500
-
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.

389
-
4 481
-
income

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

7 071
-
81 466
-
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.

6 835
-
6 835
-
total
14 295
-
92 782
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 369
240 500
-
-
income
27 055
36 076
-
-
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.

1 489
1 984
-
-
chamber of commerce
406
490
-
-
trade
30 934
41 246
-
-
total
59 884
79 796
-
-
Dividends
120 486
160 704
-
-
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.

1 637
2 189
-
-
withholding
29 742
39 795
-
-
total
31 379
41 984
-
-
Income
240 500
240 500
240 500
240 500
Total tax
105 558
121 780
92 782
126 049
After tax
134 942
118 720
147 718
114 451
Living cost
45 835
45 835
45 835
45 835
Free-cash
89 107
72 885
101 883
68 616

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
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.
₽8098
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
₽86981
₽88012
₽96037
₽92890
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
-
-
-
240 500
income
-
-
-
46 987
other
-
-
-
7 456
surtax
-
-
-
-
social contributions
-
-
-
6 852
health
-
-
-
12 176
pensions
-
-
-
36 760
total
-
-
-
110 231
Employee
42 822
-
182 769
-
pensions
4 842
-
14 104
-
surtax
-
-
-
-
social contributions
1 221
-
5 208
-
income
2 527
-
41 215
-
total
8 590
-
60 527
-
Employer
42 822
-
182 769
-
health
2 998
-
18 561
-
pensions
7 035
-
23 493
-
unemployment
1 734
-
7 403
-
social contributions
129
-
549
-
other
1 477
-
7 723
-
total
13 373
-
57 729
-
Corporate
184 306
240 500
-
-
income
51 605
67 340
-
-
surtax
-
-
-
-
total
51 605
67 340
-
-
Dividends
132 700
173 160
-
-
surtax
-
-
-
-
social contributions
22 824
29 783
-
-
withholding
16 986
22 164
-
-
total
39 810
51 947
-
-
Income
240 500
240 500
240 500
240 500
Total tax
113 378
119 287
118 256
110 231
After tax
127 122
121 213
122 244
130 269
Living cost
34 232
34 232
34 232
34 232
Free-cash
92 890
86 981
88 012
96 037

Estimated living cost  is ₽34232 per week

₽21585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
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.
₽9283
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
₽90373
₽91404
₽99429
₽95931
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
-
-
-
240 500
income
-
-
-
46 987
other
-
-
-
7 456
surtax
-
-
-
-
social contributions
-
-
-
6 852
health
-
-
-
12 176
pensions
-
-
-
36 760
total
-
-
-
110 231
Employee
38 224
-
182 769
-
pensions
4 323
-
14 104
-
surtax
-
-
-
-
social contributions
1 090
-
5 208
-
income
1 971
-
41 215
-
total
7 384
-
60 527
-
Employer
38 224
-
182 769
-
health
2 675
-
18 561
-
pensions
6 281
-
23 493
-
unemployment
1 547
-
7 403
-
social contributions
114
-
549
-
other
1 320
-
7 723
-
total
11 937
-
57 729
-
Corporate
190 338
240 500
-
-
income
53 295
67 340
-
-
surtax
-
-
-
-
total
53 295
67 340
-
-
Dividends
137 043
173 160
-
-
surtax
-
-
-
-
social contributions
23 571
29 783
-
-
withholding
17 542
22 164
-
-
total
41 113
51 947
-
-
Income
240 500
240 500
240 500
240 500
Total tax
113 729
119 287
118 256
110 231
After tax
126 771
121 213
122 244
130 269
Living cost
30 840
30 840
30 840
30 840
Free-cash
95 931
90 373
91 404
99 429

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
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
₽125510
₽126385
₽133231
₽126031
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
-
-
-
240 500
income
-
-
-
36 076
social contributions
-
-
-
33 190
health
-
-
-
16 787
total
-
-
-
86 053
Employee
33 924
-
240 500
-
social contributions
4 682
-
33 190
-
income
5 658
-
42 922
-
health
2 368
-
16 787
-
total
12 708
-
92 899
-
Employer
33 924
-
240 500
-
total
-
-
-
-
Corporate
206 576
240 500
-
-
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%.

10 329
12 025
-
-
total
10 329
12 025
-
-
Dividends
196 247
228 475
-
-
social contributions
27 081
31 530
-
-
withholding
29 438
34 272
-
-
health
13 697
15 947
-
-
total
70 216
81 749
-
-
Income
240 500
240 500
240 500
240 500
Total tax
93 253
93 774
92 899
86 053
After tax
147 247
146 726
147 601
154 447
Living cost
21 216
21 216
21 216
21 216
Free-cash
126 031
125 510
126 385
133 231

Estimated living cost  is ₽21216 per week

₽14199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1308
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.
₽5220
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
₽97202
₽27462
₽87698
₽95653
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
-
-
-
240 500
income
-
-
-
79 684
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
963
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
117 547
Employee
50 003
39 873
200 555
-
other
499
399
1 170
-
unemployment
1 500
1 196
3 507
-
pensions
5 121
4 082
11 970
-
income
5 692
2 941
67 479
-
health
1 935
1 544
4 523
-
total
14 747
10 162
88 649
-
Employer
50 003
39 873
200 555
-
chamber of commerce
199
159
803
-
health
1 889
1 508
4 418
-
pensions
6 275
5 005
14 669
-
accident
649
518
1 519
-
unemployment
1 500
1 196
3 507
-
surtax
197
197
197
-
payroll
1 500
1 196
6 017
-
other
2 375
1 893
8 814
-
total
14 584
11 672
39 944
-
Corporate
175 911
188 954
196 757
-
income

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

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

43 978
47 238
49 190
-
total
43 978
47 238
49 190
-
Dividends
131 933
141 715
-
-
withholding
36 283
38 971
-
-
total
36 283
38 971
-
-
Income
240 500
240 500
240 500
240 500
Total tax
109 592
108 043
177 783
117 547
After tax
130 908
132 457
62 717
122 953
Living cost
35 255
35 255
35 255
35 255
Free-cash
95 653
97 202
27 462
87 698

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
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.
₽8155
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
₽94636
₽44605
₽68200
₽82884
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
-
-
-
240 500
communal

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

-
-
-
12 934
social contributions
-
-
-
24 945
national
-
-
-
97 940
total
-
-
-
135 819
Employee

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

71 569
-
186 275
-
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.

623
-
1 622
-
communal

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

3 733
-
9 716
-
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.

5 368
-
13 971
-
national
22 003
-
71 126
-
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.

3 363
-
8 755
-
total
35 090
-
105 190
-
Employer

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

71 569
-
186 275
-
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.

4 401
-
11 455
-
pensions

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

6 342
-
16 504
-
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.

930
-
2 421
-
unemployment

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

1 044
-
2 719
-
surtax
8 115
-
21 125
-
total
20 832
-
54 224
-
Corporate
148 098
240 500
-
-
income
29 620
52 657
-
-
surtax
592
1 054
-
-
total
30 212
53 711
-
-
Dividends
117 885
186 789
-
-
withholding

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

35 001
55 672
-
-
total
35 001
55 672
-
-
Income
240 500
240 500
240 500
240 500
Total tax
121 135
109 383
159 414
135 819
After tax
119 365
131 117
81 086
104 681
Living cost
36 481
36 481
36 481
36 481
Free-cash
82 884
94 636
44 605
68 200

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9222
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
₽123399
₽93917
₽98116
₽116547
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
-
-
-
240 500
accident
-
-
-
835
income
-
-
-
78 429
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
106 250
Employee
49 805
-
210 935
-
other
49
-
93
-
unemployment
773
-
1 437
-
pensions
2 341
-
4 359
-
income
10 508
-
74 995
-
total
13 671
-
80 884
-
Employer
49 805
-
210 935
-
pensions
11 753
-
21 887
-
accident
985
-
1 836
-
unemployment
2 740
-
5 100
-
other
397
-
742
-
total
15 875
-
29 565
-
Corporate
174 820
240 500
-
-
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.

26 223
36 076
-
-
total
26 223
36 076
-
-
Dividends
148 597
204 424
-
-
withholding
32 050
44 891
-
-
total
32 050
44 891
-
-
Income
240 500
240 500
240 500
240 500
Total tax
87 819
80 967
110 449
106 250
After tax
152 681
159 533
130 051
134 250
Living cost
36 134
36 134
36 134
36 134
Free-cash
116 547
123 399
93 917
98 116

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
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.
₽6440
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
₽80473
₽66926
₽57658
₽66711
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
-
-
-
240 500
communal
-
-
-
15 199
accident
-
-
-
2 005
income
-
-
-
46 926
surtax
-
-
-
11 964
health
-
-
-
16 714
pensions
-
-
-
35 660
total
-
-
-
128 468
Employee
75 770
-
214 827
-
pensions
6 061
-
17 185
-
surtax
4 644
-
13 166
-
income
7 319
-
53 619
-
health
3 372
-
9 560
-
total
21 396
-
93 530
-
Employer
75 770
-
214 827
-
health
2 311
-
6 552
-
pensions
6 061
-
17 185
-
accident
682
-
1 933
-
total
9 054
-
25 670
-
Corporate
155 677
240 500
-
-
communal
10 508
16 234
-
-
income
23 352
36 076
-
-
surtax
1 635
2 525
-
-
total
35 495
54 835
-
-
Dividends
120 182
185 665
-
-
income
35 444
22 968
-
-
withholding
18 026
27 850
-
-
total
53 470
50 818
-
-
Income
240 500
240 500
240 500
240 500
Total tax
119 415
105 653
119 200
128 468
After tax
121 085
134 847
121 300
112 032
Living cost
54 374
54 374
54 374
54 374
Free-cash
66 711
80 473
66 926
57 658

Estimated living cost  is ₽54374 per week

₽40788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9714
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
₽128801
₽84370
₽90487
₽125620
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
-
-
-
240 500
income
-
-
-
77 787
other
-
-
-
-
surtax
-
-
-
13 338
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
127 540
Employee
33 695
-
212 391
-
other
-
-
-
-
unemployment
2 345
-
9 294
-
pensions
2 248
-
8 907
-
surtax
120
-
12 140
-
income
5 649
-
71 804
-
health
860
-
3 404
-
total
11 222
-
105 549
-
Employer
33 695
-
212 391
-
health
1 532
-
6 076
-
pensions
4 492
-
17 800
-
unemployment
1 069
-
4 232
-
other
-
-
-
-
total
7 093
-
28 108
-
Corporate
199 712
240 500
-
-
income
51 924
62 530
-
-
total
51 924
62 530
-
-
Dividends
147 787
177 970
-
-
withholding
22 168
26 696
-
-
total
22 168
26 696
-
-
Income
240 500
240 500
240 500
240 500
Total tax
92 407
89 226
133 657
127 540
After tax
148 093
151 274
106 843
112 960
Living cost
22 473
22 473
22 473
22 473
Free-cash
125 620
128 801
84 370
90 487

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
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.
₽6431
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
₽99462
₽80730
₽89169
₽97238
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
-
-
-
240 500
social contributions
-
-
-
50 077
regional
-
-
-
3 865
municipal
-
-
-
1 523
national
-
-
-
68 914
total
-
-
-
124 379
Employee
55 502
-
240 500
-
municipal
294
-
1 399
-
national
8 793
-
62 217
-
regional
747
-
3 550
-
social contributions
18 716
-
65 652
-
total
28 550
-
132 818
-
Employer
55 502
-
240 500
-
total
-
-
-
-
Corporate
184 998
240 500
-
-
municipal
9 194
11 952
-
-
nationa
44 400
57 719
-
-
total
53 594
69 671
-
-
Dividends
131 405
170 828
-
-
withholding
34 166
44 415
-
-
total
34 166
44 415
-
-
Income
240 500
240 500
240 500
240 500
Total tax
116 310
114 086
132 818
124 379
After tax
124 190
126 414
107 682
116 121
Living cost
26 952
26 952
26 952
26 952
Free-cash
97 238
99 462
80 730
89 169

Estimated living cost  is ₽26952 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6999
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
₽134950
₽101640
₽112305
₽124021
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
-
-
-
240 500
income
-
-
-
25 839
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
3 482
health
-
-
-
32 467
total
-
-
-
97 561
Employee
45 050
-
192 544
-
solidarity contribution
-
-
2 525
-
social contributions
2 928
-
7 963
-
income
5 406
-
23 788
-
health
6 082
-
25 993
-
total
14 416
-
60 269
-
Employer
45 050
-
192 544
-
health
4 055
-
17 329
-
social contributions
11 263
-
30 628
-
total
15 318
-
47 957
-
Corporate
180 132
240 500
-
-
income
34 225
45 695
-
-
total
34 225
45 695
-
-
Dividends
145 907
194 805
-
-
withholding
21 886
29 221
-
-
total
21 886
29 221
-
-
Income
240 500
240 500
240 500
240 500
Total tax
85 845
74 916
108 226
97 561
After tax
154 655
165 584
132 274
142 939
Living cost
30 634
30 634
30 634
30 634
Free-cash
124 021
134 950
101 640
112 305

Estimated living cost  is ₽30634 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
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.
₽5626
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
₽100641
₽30843
₽91229
₽100146
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
-
-
-
240 500
income
-
-
-
79 684
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
963
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
117 350
Employee
43 737
39 873
200 739
-
other
437
399
1 170
-
unemployment
1 312
1 196
3 507
-
pensions
4 479
4 082
11 970
-
income
3 896
2 941
67 570
-
health
1 692
1 544
4 523
-
total
11 816
10 162
88 740
-
Employer
43 737
39 873
200 739
-
chamber of commerce
175
159
803
-
health
1 654
1 508
4 418
-
pensions
5 489
5 005
14 669
-
accident
568
518
1 519
-
unemployment
1 312
1 196
3 507
-
surtax
-
-
-
-
payroll
1 312
1 196
6 023
-
other
2 077
1 893
8 821
-
total
12 587
11 475
39 760
-
Corporate
184 177
189 151
196 942
-
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.

46 044
47 288
49 236
-
total
46 044
47 288
49 236
-
Dividends
138 133
141 863
-
-
withholding
37 986
39 013
-
-
total
37 986
39 013
-
-
Income
240 500
240 500
240 500
240 500
Total tax
108 433
107 938
177 736
117 350
After tax
132 067
132 562
62 764
123 150
Living cost
31 921
31 921
31 921
31 921
Free-cash
100 146
100 641
30 843
91 229

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
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.
₽8943
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
₽215907
₽179832
₽225527
₽213550
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%.

-
-
-
240 500
microenterprise

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

-
-
-
2 405
total
-
-
-
2 405
Employee
15 710
-
240 500
-
income
3 142
-
48 100
-
total
3 142
-
48 100
-
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%.

224 790
240 500
-
-
total
-
-
-
-
Dividends
224 790
240 500
-
-
withholding
11 240
12 025
-
-
total
11 240
12 025
-
-
Income
240 500
240 500
240 500
240 500
Total tax
14 382
12 025
48 100
2 405
After tax
226 118
228 475
192 400
238 095
Living cost
12 568
12 568
12 568
12 568
Free-cash
213 550
215 907
179 832
225 527

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
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.
₽3114
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
₽138747
₽77972
₽83191
₽130375
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.

-
-
-
240 500
income
-
-
-
62 524
unemployment
-
-
-
361
health
-
-
-
23 666
pensions
-
-
-
43 921
total
-
-
-
130 472
Employee

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

44 244
-
208 096
-
unemployment
63
-
291
-
pensions
6 858
-
32 255
-
income
7 630
-
57 300
-
health
2 858
-
13 443
-
total
17 409
-
103 289
-
Employer

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

44 244
-
208 096
-
health
2 947
-
13 861
-
pensions
3 915
-
18 416
-
unemployment
27
-
125
-
total
6 889
-
32 402
-
Corporate
189 367
240 500
-
-
income
35 981
45 695
-
-
total
35 981
45 695
-
-
Dividends
153 386
194 805
-
-
withholding
23 009
29 221
-
-
total
23 009
29 221
-
-
Income
240 500
240 500
240 500
240 500
Total tax
83 288
74 916
135 691
130 472
After tax
157 212
165 584
104 809
110 028
Living cost
26 837
26 837
26 837
26 837
Free-cash
130 375
138 747
77 972
83 191

Estimated living cost  is ₽26837 per week

₽18418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
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.
₽6180
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
₽102509
₽183332
₽122394
₽54213
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
-
-
-
240 500
income
-
-
-
46 878
social contributions
-
-
-
27 417
total
-
-
-
74 295
Employee
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
Corporate
89 108
240 500
-
-
income
19 604
52 910
-
-
total
19 604
52 910
-
-
Dividends
69 504
187 590
-
-
income
15 291
41 270
-
-
total
15 291
41 270
-
-
Income
240 500
240 500
240 500
240 500
Total tax
142 476
94 180
13 357
74 295
After tax
98 024
146 320
227 143
166 205
Living cost
43 811
43 811
43 811
43 811
Free-cash
54 213
102 509
183 332
122 394

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
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.
₽10706
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
₽105412
₽73936
₽93291
₽104405
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.

-
-
-
240 500
income
-
-
-
32 251
surtax
-
-
-
-
social contributions

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

-
-
-
83 574
total
-
-
-
115 825
Employee
46 017
-
194 344
-
surtax
-
-
526
-
social contributions
5 062
-
21 378
-
income
9 572
-
67 120
-
total
14 634
-
89 024
-
Employer
46 017
-
194 344
-
social contributions
10 929
-
46 156
-
total
10 929
-
46 156
-
Corporate
183 554
240 500
-
-
income
38 546
50 506
-
-
surtax
-
-
-
-
total
38 546
50 506
-
-
Dividends
145 008
189 994
-
-
withholding
40 602
53 198
-
-
total
40 602
53 198
-
-
Income
240 500
240 500
240 500
240 500
Total tax
104 711
103 704
135 180
115 825
After tax
135 789
136 796
105 320
124 675
Living cost
31 384
31 384
31 384
31 384
Free-cash
104 405
105 412
73 936
93 291

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
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.
₽5527
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
₽72888
₽73919
₽81944
₽79762
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
-
-
-
240 500
income
-
-
-
46 987
other
-
-
-
7 456
surtax
-
-
-
-
social contributions
-
-
-
6 852
health
-
-
-
12 176
pensions
-
-
-
36 760
total
-
-
-
110 231
Employee
62 666
-
182 769
-
pensions
7 088
-
14 104
-
surtax
-
-
-
-
social contributions
1 785
-
5 208
-
income
5 468
-
41 215
-
total
14 341
-
60 527
-
Employer
62 666
-
182 769
-
health
4 386
-
18 561
-
pensions
10 297
-
23 493
-
unemployment
2 539
-
7 403
-
social contributions
188
-
549
-
other
2 163
-
7 723
-
total
19 573
-
57 729
-
Corporate
158 262
240 500
-
-
income
44 314
67 340
-
-
surtax
-
-
-
-
total
44 314
67 340
-
-
Dividends
113 948
173 160
-
-
surtax
-
-
-
-
social contributions
19 599
29 783
-
-
withholding
14 586
22 164
-
-
total
34 185
51 947
-
-
Income
240 500
240 500
240 500
240 500
Total tax
112 413
119 287
118 256
110 231
After tax
128 087
121 213
122 244
130 269
Living cost
48 325
48 325
48 325
48 325
Free-cash
79 762
72 888
73 919
81 944

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
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.
₽11003
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
₽186375
₽151220
₽144831
₽183013
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
-
-
-
240 500
income
-
-
-
12 683
social contributions
-
-
-
52 910
total
-
-
-
65 593
Employee
32 166
-
208 224
-
income
-
-
13 394
-
social contributions
2 090
-
13 534
-
total
2 090
-
26 928
-
Employer
32 166
-
208 224
-
social contributions
4 986
-
32 276
-
total
4 986
-
32 276
-
Corporate
203 348
240 500
-
-
income
20 335
24 049
-
-
total
20 335
24 049
-
-
Dividends
183 012
216 451
-
-
total
-
-
-
-
Income
240 500
240 500
240 500
240 500
Total tax
27 411
24 049
59 204
65 593
After tax
213 089
216 451
181 296
174 907
Living cost
30 076
30 076
30 076
30 076
Free-cash
183 013
186 375
151 220
144 831

Estimated living cost  is ₽30076 per week

₽19447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
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
₽22617
₽22617
₽89962
₽12292
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
-
-
-
240 500
labour market
-
-
-
19 171
municipal
-
-
-
52 008
national
-
-
-
30 331
pensions
-
-
-
867
total
-
-
-
102 377
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
22 617
-
-
-
income
4 976
-
-
-
total
4 976
-
-
-
Dividends
17 641
-
-
-
withholding
5 349
-
-
-
total
5 349
-
-
-
Income
240 500
240 500
240 500
240 500
Total tax
180 047
169 722
169 722
102 377
After tax
60 453
70 778
70 778
138 123
Living cost
48 161
48 161
48 161
48 161
Free-cash
12 292
22 617
22 617
89 962

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
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.
₽10198
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
-₽2493
₽110839
₽142210
₽16111
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
-
-
-
240 500
accident
-
-
-
256
income
-
-
-
69 256
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
76 317
Employee
34 565
-
220 257
-
pensions
3 892
-
7 734
-
income
4 742
-
54 492
-
health
3 958
-
25 219
-
total
12 592
-
87 445
-
Employer
34 565
-
220 257
-
pensions
5 620
-
11 169
-
accident
577
-
3 678
-
unemployment
847
-
5 396
-
total
7 044
-
20 243
-
Corporate
198 890
240 500
-
-
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.

179 001
216 450
-
-
total
179 001
216 450
-
-
Dividends
19 889
24 050
-
-
withholding
3 779
4 570
-
-
total
3 779
4 570
-
-
Income
240 500
240 500
240 500
240 500
Total tax
202 416
221 020
107 688
76 317
After tax
38 084
19 480
132 812
164 183
Living cost
21 973
21 973
21 973
21 973
Free-cash
16 111
-2 493
110 839
142 210

Estimated living cost  is ₽21973 per week

₽15994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
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.
₽4314
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
₽108296
₽79821
₽107370
₽111386
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

-
-
-
240 500
health
-
-
-
3 287
municipal
-
-
-
42 698
national
-
-
-
48 731
total
-
-
-
94 716
Employee
52 641
-
202 321
-
municipal
8 622
-
32 928
-
unemployment
790
-
3 034
-
pensions
3 553
-
13 657
-
national
870
-
31 768
-
health
393
-
2 698
-
total
14 228
-
84 085
-
Employer
52 641
-
202 321
-
health
404
-
1 557
-
pensions
9 133
-
35 104
-
accident
53
-
203
-
unemployment
342
-
1 316
-
total
9 932
-
38 180
-
Corporate
177 927
240 500
-
-
income
35 586
48 100
-
-
total
35 586
48 100
-
-
Dividends

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

106 756
144 300
-
-
municipal
19 217
25 974
-
-
national
11 737
19 716
-
-
total
30 954
45 690
-
-
Income
240 500
240 500
240 500
240 500
Total tax
90 700
93 790
122 265
94 716
After tax
149 800
146 710
118 235
145 784
Living cost
38 414
38 414
38 414
38 414
Free-cash
111 386
108 296
79 821
107 370

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
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.
₽9017
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
₽152074
₽136058
₽137999
₽146627
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
-
-
-
240 500
income
-
-
-
57 015
social contributions
-
-
-
16 188
health
-
-
-
6 133
total
-
-
-
79 336
Employee
76 937
76 937
227 676
-
social contributions
2 909
6 385
8 613
-
income
8 377
7 122
55 970
-
health
596
1 308
3 870
-
total
11 882
14 815
68 453
-
Employer
76 937
76 937
227 676
-
health
647
1 424
4 211
-
social contributions
2 909
6 385
8 613
-
total
3 556
7 809
12 824
-
Corporate
201 896
155 754
-
-
income
25 238
19 469
-
-
total
25 238
19 469
-
-
Dividends
176 658
136 284
-
-
withholding
30 032
23 168
-
-
total
30 032
23 168
-
-
Income
240 500
240 500
240 500
240 500
Total tax
70 708
65 261
81 277
79 336
After tax
169 792
175 239
159 223
161 164
Living cost
23 165
23 165
23 165
23 165
Free-cash
146 627
152 074
136 058
137 999

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽183272
₽169532
₽189599
₽178183
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
-
-
-
240 500
income
-
-
-
25 001
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
35 015
Employee

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

22 966
-
230 722
-
unemployment
114
-
475
-
pensions
3 444
-
14 240
-
income
1 570
-
22 519
-
health
1 952
-
8 070
-
total
7 080
-
45 304
-
Employer

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

22 966
-
230 722
-
health
987
-
4 082
-
pensions
1 263
-
5 221
-
unemployment
114
-
475
-
total
2 364
-
9 778
-
Corporate
215 170
240 500
-
-
income
19 365
21 645
-
-
total
19 365
21 645
-
-
Dividends
195 805
218 855
-
-
withholding
17 622
19 697
-
-
total
17 622
19 697
-
-
Income
240 500
240 500
240 500
240 500
Total tax
46 431
41 342
55 082
35 015
After tax
194 069
199 158
185 418
205 485
Living cost
15 886
15 886
15 886
15 886
Free-cash
178 183
183 272
169 532
189 599

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
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.
₽4132
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
₽132019
₽102537
₽106736
₽127603
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
-
-
-
240 500
accident
-
-
-
835
income
-
-
-
78 429
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
106 250
Employee
36 996
-
210 935
-
other
36
-
93
-
unemployment
573
-
1 437
-
pensions
1 739
-
4 359
-
income
7 133
-
74 995
-
total
9 481
-
80 884
-
Employer
36 996
-
210 935
-
pensions
8 730
-
21 887
-
accident
733
-
1 836
-
unemployment
2 035
-
5 100
-
other
296
-
742
-
total
11 794
-
29 565
-
Corporate
191 709
240 500
-
-
income

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

28 756
36 076
-
-
total
28 756
36 076
-
-
Dividends
162 953
204 424
-
-
withholding
35 352
44 891
-
-
total
35 352
44 891
-
-
Income
240 500
240 500
240 500
240 500
Total tax
85 383
80 967
110 449
106 250
After tax
155 117
159 533
130 051
134 250
Living cost
27 514
27 514
27 514
27 514
Free-cash
127 603
132 019
102 537
106 736

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
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.
₽5816
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
₽148132
₽153108
₽153246
₽147813
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
-
-
-
240 500
income
-
-
-
82 873
health
-
-
-
1 026
pensions
-
-
-
1 415
total
-
-
-
85 314
Employee
2 954
-
238 908
-
unemployment
30
-
71
-
pensions
266
-
637
-
income
571
-
82 799
-
health
148
-
354
-
total
1 015
-
83 861
-
Employer
2 954
-
238 908
-
health
281
-
672
-
pensions
325
-
778
-
unemployment
59
-
141
-
total
665
-
1 591
-
Corporate
236 881
240 500
-
-
income
52 114
52 910
-
-
total
52 114
52 910
-
-
Dividends
184 767
187 590
-
-
withholding
36 953
37 518
-
-
total
36 953
37 518
-
-
Income
240 500
240 500
240 500
240 500
Total tax
90 747
90 428
85 452
85 314
After tax
149 753
150 072
155 048
155 186
Living cost
1 940
1 940
1 940
1 940
Free-cash
147 813
148 132
153 108
153 246

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
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.
₽585
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
₽156459
₽139303
₽139304
₽151535
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.

-
-
-
240 500
income
-
-
-
55 946
unemployment
-
-
-
1 109
health
-
-
-
7 615
pensions
-
-
-
19 224
total
-
-
-
83 894
Employee

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

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

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

26 090
-
227 265
-
unemployment
196
-
555
-
pensions
3 653
-
10 351
-
income
3 596
-
55 946
-
health
1 344
-
3 808
-
total
8 789
-
70 660
-
Employer

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

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

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

26 090
-
227 265
-
health
1 344
-
3 808
-
pensions
3 131
-
8 872
-
unemployment
196
-
555
-
total
4 671
-
13 235
-
Corporate
209 740
240 500
-
-
income
31 461
36 075
-
-
total
31 461
36 075
-
-
Dividends
178 279
204 425
-
-
withholding
26 742
30 664
-
-
total
26 742
30 664
-
-
Income
240 500
240 500
240 500
240 500
Total tax
71 663
66 739
83 895
83 894
After tax
168 837
173 761
156 605
156 606
Living cost
17 302
17 302
17 302
17 302
Free-cash
151 535
156 459
139 303
139 304

Estimated living cost  is ₽17302 per week

₽11649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
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
₽109822
₽78346
₽97701
₽109461
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.

-
-
-
240 500
income
-
-
-
32 251
surtax
-
-
-
-
social contributions

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

-
-
-
83 574
total
-
-
-
115 825
Employee
38 833
-
194 344
-
surtax
-
-
526
-
social contributions
4 272
-
21 378
-
income
7 588
-
67 120
-
total
11 860
-
89 024
-
Employer
38 833
-
194 344
-
social contributions
9 222
-
46 156
-
total
9 222
-
46 156
-
Corporate
192 445
240 500
-
-
income
40 414
50 506
-
-
surtax
-
-
-
-
total
40 414
50 506
-
-
Dividends
152 030
189 994
-
-
withholding
42 569
53 198
-
-
total
42 569
53 198
-
-
Income
240 500
240 500
240 500
240 500
Total tax
104 065
103 704
135 180
115 825
After tax
136 435
136 796
105 320
124 675
Living cost
26 974
26 974
26 974
26 974
Free-cash
109 461
109 822
78 346
97 701

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
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
₽124370
₽94888
₽99086
₽117824
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
-
-
-
240 500
accident
-
-
-
835
income
-
-
-
78 429
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
106 250
Employee
48 322
-
210 935
-
other
47
-
93
-
unemployment
748
-
1 437
-
pensions
2 271
-
4 359
-
income
10 093
-
74 995
-
total
13 159
-
80 884
-
Employer
48 322
-
210 935
-
pensions
11 404
-
21 887
-
accident
957
-
1 836
-
unemployment
2 658
-
5 100
-
other
387
-
742
-
total
15 406
-
29 565
-
Corporate
176 772
240 500
-
-
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.

26 516
36 076
-
-
total
26 516
36 076
-
-
Dividends
150 257
204 424
-
-
withholding
32 432
44 891
-
-
total
32 432
44 891
-
-
Income
240 500
240 500
240 500
240 500
Total tax
87 513
80 967
110 449
106 250
After tax
152 987
159 533
130 051
134 250
Living cost
35 164
35 164
35 164
35 164
Free-cash
117 824
124 370
94 888
99 086

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6682
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
₽188423
₽188017
₽177891
₽182327
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
-
-
-
240 500
income
-
-
-
36 075
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
45 404
Employee
22 782
-
233 646
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
pensions

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

2 000
-
3 068
-
income
2 279
-
23 364
-
health
1 048
-
1 607
-
total
5 577
-
28 423
-
Employer
22 782
-
233 646
-
health
1 572
-
2 411
-
pensions

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

2 511
-
3 850
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
210
-
total
4 470
-
6 855
-
Corporate
213 248
240 500
-
-
income
21 325
24 050
-
-
total
21 325
24 050
-
-
Dividends
191 923
216 450
-
-
withholding
9 596
10 822
-
-
total
9 596
10 822
-
-
Income
240 500
240 500
240 500
240 500
Total tax
40 968
34 872
35 278
45 404
After tax
199 532
205 628
205 222
195 096
Living cost
17 205
17 205
17 205
17 205
Free-cash
182 327
188 423
188 017
177 891

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
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.
₽4431
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
₽85040
₽109090
₽81253
₽98128
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.

-
-
-
240 500
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.

-
-
-
81 466
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.

-
-
-
4 481
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.

-
-
-
6 835
trade
-
-
-
27 837
total
-
-
-
120 619
Employee

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

49 783
-
240 500
-
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.

226
-
4 481
-
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.

4 094
-
81 466
-
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.

6 835
-
6 835
-
total
11 155
-
92 782
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
190 717
240 500
-
-
income
28 608
36 076
-
-
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.

1 574
1 984
-
-
chamber of commerce
431
505
-
-
trade
27 368
34 511
-
-
total
57 981
73 076
-
-
Dividends
132 736
167 424
-
-
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.

1 804
2 280
-
-
withholding
32 804
41 476
-
-
total
34 608
43 756
-
-
Income
240 500
240 500
240 500
240 500
Total tax
103 744
116 832
92 782
120 619
After tax
136 756
123 668
147 718
119 881
Living cost
38 628
38 628
38 628
38 628
Free-cash
98 128
85 040
109 090
81 253

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
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.
₽7264
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
₽111356
₽62229
₽62229
₽113563
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
-
-
-
240 500
income
-
-
-
79 663
social contributions
-
-
-
41 613
total
-
-
-
121 276
Employee
78 265
-
240 500
-
income
14 768
-
79 663
-
social contributions
6 502
-
41 613
-
total
21 270
-
121 276
-
Employer
78 265
-
240 500
-
total
-
-
-
-
Corporate
162 235
240 500
-
-
income
20 280
30 062
-
-
total
20 280
30 062
-
-
Dividends
141 955
210 438
-
-
withholding
28 392
42 087
-
-
total
28 392
42 087
-
-
Income
240 500
240 500
240 500
240 500
Total tax
69 942
72 149
121 276
121 276
After tax
170 558
168 351
119 224
119 224
Living cost
56 995
56 995
56 995
56 995
Free-cash
113 563
111 356
62 229
62 229

Estimated living cost  is ₽56995 per week

₽43361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
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.
₽8445
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
₽114718
₽130759
₽162085
₽118215
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.

-
-
-
240 500
income
-
-
-
36 076
health

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

-
-
-
6 019
total
-
-
-
42 095
Employee
45 899
-
235 898
-
income
4 980
-
64 217
-
social contributions
4 599
-
4 602
-
total
9 579
-
68 819
-
Employer
45 899
-
235 898
-
social contributions
4 599
-
4 602
-
total
4 599
-
4 602
-
Corporate
190 002
240 500
-
-
income
66 501
84 176
-
-
total
66 501
84 176
-
-
Dividends
123 502
156 324
-
-
social contributions
5 286
5 286
-
-
total
5 286
5 286
-
-
Income
240 500
240 500
240 500
240 500
Total tax
85 965
89 462
73 421
42 095
After tax
154 535
151 038
167 079
198 405
Living cost
36 320
36 320
36 320
36 320
Free-cash
118 215
114 718
130 759
162 085

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
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.
₽8975
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
₽113494
₽96295
₽117699
₽119367
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
-
-
-
240 500
income
-
-
-
75 723
pensions
-
-
-
10 240
total
-
-
-
85 963
Employee
50 566
-
209 483
-
pensions
3 859
-
12 114
-
income
9 208
-
61 454
-
health
660
-
2 781
-
total
13 727
-
76 349
-
Employer
50 566
-
209 483
-
health
961
-
3 980
-
pensions
5 109
-
27 038
-
total
6 070
-
31 018
-
Corporate
183 864
240 500
-
-
income

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

34 934
45 695
-
-
total
34 934
45 695
-
-
Dividends
148 931
194 805
-
-
withholding
29 564
44 473
-
-
total
29 564
44 473
-
-
Income
240 500
240 500
240 500
240 500
Total tax
84 295
90 168
107 367
85 963
After tax
156 205
150 332
133 133
154 537
Living cost
36 838
36 838
36 838
36 838
Free-cash
119 367
113 494
96 295
117 699

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7717
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
-₽4669
₽108663
₽140034
₽15777
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
-
-
-
240 500
accident
-
-
-
256
income
-
-
-
69 256
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
76 317
Employee
37 987
-
220 257
-
pensions
4 277
-
7 734
-
income
5 211
-
54 492
-
health
4 349
-
25 219
-
total
13 837
-
87 445
-
Employer
37 987
-
220 257
-
pensions
6 176
-
11 169
-
accident
634
-
3 678
-
unemployment
931
-
5 396
-
total
7 741
-
20 243
-
Corporate
194 772
240 500
-
-
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.

175 295
216 450
-
-
total
175 295
216 450
-
-
Dividends
19 477
24 050
-
-
withholding
3 701
4 570
-
-
total
3 701
4 570
-
-
Income
240 500
240 500
240 500
240 500
Total tax
200 574
221 020
107 688
76 317
After tax
39 926
19 480
132 812
164 183
Living cost
24 149
24 149
24 149
24 149
Free-cash
15 777
-4 669
108 663
140 034

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4532
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
₽170468
₽164361
₽142360
₽167442
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.

-
-
-
240 500
income
-
-
-
40 625
unemployment
-
-
-
1 920
work injury
-
-
-
800
health insurance
-
-
-
11 840
pensions
-
-
-
29 441
total
-
-
-
84 626
Employee

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

21 623
-
240 500
-
health insurance
1 600
-
5 920
-
unemployment
259
-
960
-
work injury
108
-
400
-
pensions
3 979
-
14 720
-
income
2 162
-
40 625
-
total
8 108
-
62 625
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
218 877
240 500
-
-
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%.

21 888
24 050
-
-
total
21 888
24 050
-
-
Dividends
196 989
216 450
-
-
withholding
29 548
32 468
-
-
total
29 548
32 468
-
-
Income
240 500
240 500
240 500
240 500
Total tax
59 544
56 518
62 625
84 626
After tax
180 956
183 982
177 875
155 874
Living cost
13 514
13 514
13 514
13 514
Free-cash
167 442
170 468
164 361
142 360

Estimated living cost  is ₽13514 per week

₽8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
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.
₽3738
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
₽86820
₽65710
₽73928
₽82269
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
-
-
-
240 500
social contributions
-
-
-
50 077
regional
-
-
-
6 007
municipal
-
-
-
1 715
national
-
-
-
68 914
total
-
-
-
126 713
Employee
84 312
-
240 500
-
municipal
503
-
1 574
-
national
14 248
-
62 217
-
regional
1 273
-
5 488
-
social contributions
28 430
-
65 652
-
total
44 454
-
134 931
-
Employer
84 312
-
240 500
-
total
-
-
-
-
Corporate
156 188
240 500
-
-
municipal
7 528
11 592
-
-
nationa
37 484
57 719
-
-
total
45 012
69 311
-
-
Dividends
111 175
171 189
-
-
withholding
28 906
44 510
-
-
total
28 906
44 510
-
-
Income
240 500
240 500
240 500
240 500
Total tax
118 372
113 821
134 931
126 713
After tax
122 128
126 679
105 569
113 787
Living cost
39 859
39 859
39 859
39 859
Free-cash
82 269
86 820
65 710
73 928

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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