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
₽87240
₽92133
₽102740
₽118096
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
trade
-
-
-
30 856
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.

-
-
-
6 552
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.

-
-
-
4 525
income

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

-
-
-
82 276
total
-
-
-
124 209
Employee

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

36 684
-
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.

56
-
4 525
-
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.

1 025
-
82 276
-
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.

6 552
-
6 552
-
total
7 633
-
93 353
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
203 816
240 500
-
-
trade
32 101
37 878
-
-
income
30 572
36 074
-
-
chamber of commerce
439
491
-
-
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.

1 682
1 984
-
-
total
64 794
76 427
-
-
Dividends
139 022
164 072
-
-
withholding
34 391
40 654
-
-
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.

1 891
2 235
-
-
total
36 282
42 889
-
-
Income
240 500
240 500
240 500
240 500
Total tax
108 709
119 316
93 353
124 209
After tax
131 791
121 184
147 147
116 291
Living cost
29 051
29 051
29 051
29 051
Free-cash
102 740
92 133
118 096
87 240

Estimated living cost  is ₽29051 per week

₽18274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
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.
₽6847
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
₽84773
₽98773
₽97920
₽86064
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
municipal
-
-
-
26 788
pensions
-
-
-
28 860
social contributions
-
-
-
2 585
national
-
-
-
46 195
total
-
-
-
104 428
Employee
79 523
-
207 910
-
municipal
9 822
-
27 719
-
national
15 221
-
48 234
-
pensions
3 181
-
8 316
-
total
28 224
-
84 269
-
Employer
79 523
-
207 910
-
pensions
6 362
-
16 633
-
social contributions
855
-
2 235
-
total
7 217
-
18 868
-
Corporate
148 512
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%.

29 702
48 100
-
-
total
29 702
48 100
-
-
Dividends
118 810
192 400
-
-
withholding
26 138
42 328
-
-
total
26 138
42 328
-
-
Income
240 500
240 500
240 500
240 500
Total tax
91 281
90 428
103 137
104 428
After tax
149 219
150 072
137 363
136 072
Living cost
51 299
51 299
51 299
51 299
Free-cash
97 920
98 773
86 064
84 773

Estimated living cost  is ₽51299 per week

₽34867
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽768
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.
₽10895
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
₽69185
₽172446
₽164578
₽85911
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
surtax
-
-
-
61 328
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.

-
-
-
36 748
income
-
-
-
53 285
microenterprise
-
-
-
-
total
-
-
-
151 361
Employee
28 026
-
191 860
-
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.

3 083
-
12 573
-
surtax
-
-
27 820
-
income
4 989
-
45 602
-
total
8 072
-
85 995
-
Employer
28 026
-
191 860
-
surtax
-
-
21 104
-
social contributions

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

6 751
-
27 536
-
total
6 751
-
48 640
-
Corporate
205 723
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%.

41 145
48 100
-
-
total
41 145
48 100
-
-
Dividends

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

164 578
192 400
-
-
total
-
-
-
-
Income
240 500
240 500
240 500
240 500
Total tax
55 968
48 100
134 635
151 361
After tax
184 532
192 400
105 865
89 139
Living cost
19 954
19 954
19 954
19 954
Free-cash
164 578
172 446
85 911
69 185

Estimated living cost  is ₽19954 per week

₽12730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4871
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
₽87618
₽79959
₽74082
₽113588
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
pensions
-
-
-
11 237
health
-
-
-
11 827
income
-
-
-
89 639
total
-
-
-
112 703
Employee
81 904
81 904
222 676
-
pensions
14 743
11 237
11 237
-
income

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

13 406
13 406
45 844
-
health
12 571
10 693
11 827
-
total
40 720
35 336
68 908
-
Employer
81 904
81 904
222 676
-
pensions
5 701
5 701
7 086
-
unemployment
2 949
2 949
3 664
-
health
5 693
5 693
7 075
-
total
14 343
14 343
17 825
-
Corporate
145 258
144 253
-
-
income
29 052
28 850
-
-
total
29 052
28 850
-
-
Dividends
116 205
115 403
-
-
withholding
17 431
17 311
-
-
income
24 693
24 522
-
-
total
42 124
41 833
-
-
Income
240 500
240 500
240 500
240 500
Total tax
126 239
120 362
86 733
112 703
After tax
114 261
120 138
153 767
127 797
Living cost
40 179
40 179
40 179
40 179
Free-cash
74 082
79 959
113 588
87 618

Estimated living cost  is ₽40179 per week

₽28474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
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.
₽7444
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
₽79863
₽91739
₽90850
₽78902
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
municipal
-
-
-
64 224
pensions
-
-
-
9 376
health
-
-
-
5 412
other
-
-
-
10 078
unemployment
-
-
-
87
accident
-
-
-
173
national
-
-
-
31 713
total
-
-
-
121 063
Employee
56 389
-
213 249
-
municipal
16 815
-
63 591
-
national
-
-
31 182
-
total
16 815
-
94 773
-
Employer
56 389
-
213 249
-
pensions
6 096
-
9 376
-
other
6 553
-
10 078
-
unemployment
1 489
-
2 290
-
accident
113
-
173
-
health
3 468
-
5 334
-
total
17 719
-
27 251
-
Corporate
166 393
240 500
-
-
income
36 606
52 910
-
-
total
36 606
52 910
-
-
Dividends
129 787
187 590
-
-
withholding
38 936
56 277
-
-
total
38 936
56 277
-
-
Income
240 500
240 500
240 500
240 500
Total tax
110 076
109 187
122 024
121 063
After tax
130 424
131 313
118 476
119 437
Living cost
39 574
39 574
39 574
39 574
Free-cash
90 850
91 739
78 902
79 863

Estimated living cost  is ₽39574 per week

₽26228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8862
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
₽77242
₽82268
₽95744
₽109469
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
trade
-
-
-
32 227
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.

-
-
-
6 552
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.

-
-
-
4 525
income

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

-
-
-
82 276
total
-
-
-
125 580
Employee

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

48 639
-
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.

229
-
4 525
-
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.

4 179
-
82 276
-
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.

6 552
-
6 552
-
total
10 960
-
93 353
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
191 861
240 500
-
-
trade
31 561
39 562
-
-
income
28 779
36 074
-
-
chamber of commerce
419
488
-
-
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.

1 583
1 984
-
-
total
62 342
78 108
-
-
Dividends
129 519
162 392
-
-
withholding
32 016
40 233
-
-
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.

1 760
2 213
-
-
total
33 776
42 446
-
-
Income
240 500
240 500
240 500
240 500
Total tax
107 078
120 554
93 353
125 580
After tax
133 422
119 946
147 147
114 920
Living cost
37 678
37 678
37 678
37 678
Free-cash
95 744
82 268
109 469
77 242

Estimated living cost  is ₽37678 per week

₽25199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7943
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
₽129691
₽144105
₽140127
₽127768
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
health
-
-
-
6 132
social contributions
-
-
-
15 518
income
-
-
-
58 050
total
-
-
-
79 700
Employee
73 751
73 751
228 025
-
social contributions
3 584
6 121
8 256
-
income
7 745
6 827
57 015
-
health
733
1 254
3 877
-
total
12 062
14 202
69 148
-
Employer
73 751
73 751
228 025
-
social contributions
3 584
6 121
8 256
-
health
799
1 365
4 219
-
total
4 383
7 486
12 475
-
Corporate
192 947
159 263
-
-
income
24 118
19 908
-
-
total
24 118
19 908
-
-
Dividends
168 828
139 354
-
-
withholding
28 701
23 690
-
-
total
28 701
23 690
-
-
Income
240 500
240 500
240 500
240 500
Total tax
69 264
65 286
81 623
79 700
After tax
171 236
175 214
158 877
160 800
Living cost
31 109
31 109
31 109
31 109
Free-cash
140 127
144 105
127 768
129 691

Estimated living cost  is ₽31109 per week

₽21266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2430
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.
₽6891
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
₽148953
₽117302
₽117671
₽121766
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
pensions
-
-
-
24 050
health
-
-
-
16 835
unemployment
-
-
-
3 608
income
-
-
-
29 401
total
-
-
-
73 894
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.

25 483
10 142
201 255
-
pensions
2 548
1 014
20 126
-
unemployment
382
152
3 019
-
income
3 115
1 240
24 603
-
health
1 784
710
14 088
-
total
7 829
3 116
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.

25 483
10 142
201 255
-
pensions
4 969
1 978
39 245
-
total
4 969
1 978
39 245
-
Corporate
210 048
228 381
-
-
income
18 904
20 554
-
-
total
18 904
20 554
-
-
Dividends
191 144
207 826
-
-
withholding
36 317
39 487
-
-
social contributions
37 157
40 410
-
-
total
73 474
79 897
-
-
Income
240 500
240 500
240 500
240 500
Total tax
105 176
105 545
101 081
73 894
After tax
135 324
134 955
139 419
166 606
Living cost
17 653
17 653
17 653
17 653
Free-cash
117 671
117 302
121 766
148 953

Estimated living cost  is ₽17653 per week

₽12047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
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.
₽3809
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
₽105741
₽169234
₽163277
₽115455
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
pensions
-
-
-
48 100
health
-
-
-
31 266
income
-
-
-
32 227
total
-
-
-
111 593
Employee
27 209
-
179 747
-
pensions
544
-
3 595
-
unemployment
435
-
2 876
-
income
3 063
-
34 655
-
total
4 042
-
41 126
-
Employer
27 209
-
179 747
-
pensions
5 442
-
35 949
-
unemployment
218
-
1 438
-
health
3 536
-
23 366
-
total
9 196
-
60 753
-
Corporate
204 094
240 500
-
-
income
40 819
48 100
-
-
total
40 819
48 100
-
-
Dividends
163 275
192 400
-
-
total
-
-
-
-
Income
240 500
240 500
240 500
240 500
Total tax
54 057
48 100
101 879
111 593
After tax
186 443
192 400
138 621
128 907
Living cost
23 166
23 166
23 166
23 166
Free-cash
163 277
169 234
115 455
105 741

Estimated living cost  is ₽23166 per week

₽15889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5431
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
₽142656
-₽2024
₽16182
₽111530
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
pensions
-
-
-
4 067
health
-
-
-
2 132
other
-
-
-
362
accident
-
-
-
247
income
-
-
-
69 531
total
-
-
-
76 339
Employee
33 829
-
220 640
-
pensions
3 809
-
7 458
-
income
4 641
-
54 884
-
health
3 873
-
25 263
-
total
12 323
-
87 605
-
Employer
33 829
-
220 640
-
pensions
5 501
-
10 769
-
unemployment
829
-
5 406
-
accident
565
-
3 685
-
total
6 895
-
19 860
-
Corporate
199 777
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.

179 799
216 450
-
-
total
179 799
216 450
-
-
Dividends
19 978
24 050
-
-
withholding
3 796
4 569
-
-
total
3 796
4 569
-
-
Income
240 500
240 500
240 500
240 500
Total tax
202 813
221 019
107 465
76 339
After tax
37 687
19 481
133 035
164 161
Living cost
21 505
21 505
21 505
21 505
Free-cash
16 182
-2 024
111 530
142 656

Estimated living cost  is ₽21505 per week

₽15761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4104
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
₽230199
₽220579
₽219098
₽184504
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
9 869
-
240 500
-
income
1 974
-
48 100
-
total
1 974
-
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%.

230 631
240 500
-
-
total
-
-
-
-
Dividends
230 631
240 500
-
-
withholding
11 532
12 025
-
-
total
11 532
12 025
-
-
Income
240 500
240 500
240 500
240 500
Total tax
13 506
12 025
48 100
2 405
After tax
226 994
228 475
192 400
238 095
Living cost
7 896
7 896
7 896
7 896
Free-cash
219 098
220 579
184 504
230 199

Estimated living cost  is ₽7896 per week

₽4893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
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.
₽2129
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
₽122616
₽151141
₽144662
₽120685
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
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.

-
-
-
35 004
health
-
-
-
6 418
other
-
-
-
6 927
income
-
-
-
43 979
total
-
-
-
92 328
Employee
34 824
-
203 286
-
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.

2 437
-
10 209
-
unemployment
348
-
1 458
-
income
5 995
-
43 337
-
health
488
-
2 042
-
total
9 268
-
57 046
-
Employer
34 824
-
203 286
-
pensions

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

5 921
-
24 795
-
other
1 742
-
7 291
-
unemployment
348
-
1 458
-
accident
278
-
1 627
-
health
488
-
2 042
-
total
8 777
-
37 213
-
Corporate
196 899
240 500
-
-
income
41 349
50 504
-
-
total
41 349
50 504
-
-
Dividends
155 550
189 996
-
-
withholding
10 888
13 299
-
-
total
10 888
13 299
-
-
Income
240 500
240 500
240 500
240 500
Total tax
70 282
63 803
94 259
92 328
After tax
170 218
176 697
146 241
148 172
Living cost
25 556
25 556
25 556
25 556
Free-cash
144 662
151 141
120 685
122 616

Estimated living cost  is ₽25556 per week

₽18057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5362
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
₽90365
₽85925
₽93589
₽68999
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
pensions
-
-
-
10 018
income
-
-
-
76 474
total
-
-
-
86 492
Employee
90 045
-
209 416
-
pensions
8 687
-
11 791
-
income
16 232
-
62 231
-
health
1 484
-
2 752
-
total
26 403
-
76 774
-
Employer
90 045
-
209 416
-
pensions
10 632
-
27 104
-
health
1 710
-
3 980
-
total
12 342
-
31 084
-
Corporate
138 113
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.

26 241
45 696
-
-
total
26 241
45 696
-
-
Dividends
111 872
194 804
-
-
withholding
18 282
45 236
-
-
total
18 282
45 236
-
-
Income
240 500
240 500
240 500
240 500
Total tax
83 268
90 932
107 858
86 492
After tax
157 232
149 568
132 642
154 008
Living cost
63 643
63 643
63 643
63 643
Free-cash
93 589
85 925
68 999
90 365

Estimated living cost  is ₽63643 per week

₽47689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7960
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
₽182924
₽193064
₽188613
₽193128
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
pensions

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

-
-
-
4 954
health
-
-
-
3 849
unemployment
-
-
-
134
income
-
-
-
36 075
total
-
-
-
45 012
Employee
16 637
-
233 933
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 461
-
2 939
-
income
1 663
-
23 393
-
health
765
-
1 540
-
total
4 072
-
28 240
-
Employer
16 637
-
233 933
-
pensions

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

1 834
-
3 689
-
unemployment
99
-
201
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
health
1 148
-
2 310
-
total
3 264
-
6 568
-
Corporate
220 598
240 500
-
-
income
22 060
24 050
-
-
total
22 060
24 050
-
-
Dividends
198 538
216 450
-
-
withholding
9 927
10 822
-
-
total
9 927
10 822
-
-
Income
240 500
240 500
240 500
240 500
Total tax
39 323
34 872
34 808
45 012
After tax
201 177
205 628
205 692
195 488
Living cost
12 564
12 564
12 564
12 564
Free-cash
188 613
193 064
193 128
182 924

Estimated living cost  is ₽12564 per week

₽7335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
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.
₽3999
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
₽74613
₽66954
₽69365
₽100583
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
pensions
-
-
-
11 237
health
-
-
-
11 827
income
-
-
-
89 639
total
-
-
-
112 703
Employee
88 922
81 904
222 676
-
pensions
11 237
11 237
11 237
-
income

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

13 406
13 406
45 844
-
health
11 094
10 693
11 827
-
total
35 737
35 336
68 908
-
Employer
88 922
81 904
222 676
-
pensions
6 188
5 701
7 086
-
unemployment
3 202
2 949
3 664
-
health
6 179
5 693
7 075
-
total
15 569
14 343
17 825
-
Corporate
136 009
144 253
-
-
income
27 201
28 850
-
-
total
27 201
28 850
-
-
Dividends
108 808
115 403
-
-
withholding
16 321
17 311
-
-
income
23 123
24 522
-
-
total
39 444
41 833
-
-
Income
240 500
240 500
240 500
240 500
Total tax
117 951
120 362
86 733
112 703
After tax
122 549
120 138
153 767
127 797
Living cost
53 184
53 184
53 184
53 184
Free-cash
69 365
66 954
100 583
74 613

Estimated living cost  is ₽53184 per week

₽39232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8593
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
₽119860
₽141726
₽133215
₽109085
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
health
-
-
-
32 467
social contributions
-
-
-
34 331
solidarity contribution
-
-
-
3 929
income
-
-
-
26 055
total
-
-
-
96 782
Employee
35 085
-
193 676
-
social contributions
2 281
-
7 642
-
income
4 210
-
23 983
-
solidarity contribution
-
-
2 962
-
health
4 737
-
26 146
-
total
11 228
-
60 733
-
Employer
35 085
-
193 676
-
social contributions
8 771
-
29 393
-
health
3 158
-
17 431
-
total
11 929
-
46 824
-
Corporate
193 486
240 500
-
-
income
36 762
45 695
-
-
total
36 762
45 695
-
-
Dividends
156 723
194 805
-
-
withholding
23 508
29 221
-
-
total
23 508
29 221
-
-
Income
240 500
240 500
240 500
240 500
Total tax
83 427
74 916
107 557
96 782
After tax
157 073
165 584
132 943
143 718
Living cost
23 858
23 858
23 858
23 858
Free-cash
133 215
141 726
109 085
119 860

Estimated living cost  is ₽23858 per week

₽16572
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.
₽469
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.
₽5120
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
₽76985
₽87845
₽82838
₽68853
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
municipal
-
-
-
1 540
regional
-
-
-
3 158
social contributions
-
-
-
48 003
national
-
-
-
70 343
total
-
-
-
123 044
Employee
85 240
-
240 500
-
social contributions
28 743
-
62 934
-
municipal
451
-
1 420
-
regional
804
-
2 900
-
national
14 770
-
63 922
-
total
44 768
-
131 176
-
Employer
85 240
-
240 500
-
total
-
-
-
-
Corporate
155 260
240 500
-
-
nationa
37 263
57 721
-
-
municipal
6 055
9 379
-
-
total
43 318
67 100
-
-
Dividends
111 942
173 400
-
-
withholding
29 105
45 084
-
-
total
29 105
45 084
-
-
Income
240 500
240 500
240 500
240 500
Total tax
117 191
112 184
131 176
123 044
After tax
123 309
128 316
109 324
117 456
Living cost
40 471
40 471
40 471
40 471
Free-cash
82 838
87 845
68 853
76 985

Estimated living cost  is ₽40471 per week

₽28212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
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.
₽8984
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
₽91697
₽130112
₽127123
₽85835
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
pensions
-
-
-
25 602
health
-
-
-
9 088
surtax
-
-
-
13 682
other
-
-
-
-
unemployment
-
-
-
218
income
-
-
-
79 049
total
-
-
-
127 639
Employee
31 717
-
213 555
-
surtax
104
-
12 535
-
pensions
2 115
-
8 538
-
other
-
-
-
-
unemployment
2 208
-
8 909
-
income
5 317
-
73 312
-
health
810
-
3 263
-
total
10 554
-
106 557
-
Employer
31 717
-
213 555
-
pensions
4 228
-
17 063
-
other
-
-
-
-
unemployment
1 005
-
4 057
-
health
1 443
-
5 824
-
total
6 676
-
26 944
-
Corporate
202 107
240 500
-
-
income
52 548
62 529
-
-
total
52 548
62 529
-
-
Dividends
149 558
177 971
-
-
withholding
22 435
26 695
-
-
total
22 435
26 695
-
-
Income
240 500
240 500
240 500
240 500
Total tax
92 213
89 224
133 501
127 639
After tax
148 287
151 276
106 999
112 861
Living cost
21 164
21 164
21 164
21 164
Free-cash
127 123
130 112
85 835
91 697

Estimated living cost  is ₽21164 per week

₽12941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
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.
₽5782
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
₽110529
₽106089
₽112377
₽89163
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
pensions
-
-
-
10 018
income
-
-
-
76 474
total
-
-
-
86 492
Employee
60 346
-
209 416
-
pensions
5 122
-
11 791
-
income
10 869
-
62 231
-
health
876
-
2 752
-
total
16 867
-
76 774
-
Employer
60 346
-
209 416
-
pensions
6 532
-
27 104
-
health
1 146
-
3 980
-
total
7 678
-
31 084
-
Corporate
172 475
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.

32 771
45 696
-
-
total
32 771
45 696
-
-
Dividends
139 704
194 804
-
-
withholding
27 328
45 236
-
-
total
27 328
45 236
-
-
Income
240 500
240 500
240 500
240 500
Total tax
84 644
90 932
107 858
86 492
After tax
155 856
149 568
132 642
154 008
Living cost
43 479
43 479
43 479
43 479
Free-cash
112 377
106 089
89 163
110 529

Estimated living cost  is ₽43479 per week

₽32574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
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.
₽7191
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
₽112968
₽33270
₽66090
₽105073
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
regional
-
-
-
13 897
city
-
-
-
2 535
pensions
-
-
-
22 126
health
-
-
-
542
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.

-
-
-
4 811
national
-
-
-
6 916
total
-
-
-
50 827
Employee
89 765
-
216 832
-
regional
2 939
-
12 447
-
national
425
-
5 695
-
pensions
7 541
-
16 458
-
unemployment
-
-
-
-
city
963
-
2 350
-
health
203
-
489
-
total
12 071
-
37 439
-
Employer
89 765
-
216 832
-
pensions
7 541
-
16 458
-
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.

1 795
-
4 336
-
unemployment
-
-
-
-
health
203
-
489
-
total
9 539
-
21 283
-
Corporate
140 209
240 500
-
-
regional
29 654
50 865
-
-
national
11 917
20 443
-
-
total
41 571
71 308
-
-
Dividends
98 639
169 191
-
-
withholding
34 524
59 217
-
-
total
34 524
59 217
-
-
Income
240 500
240 500
240 500
240 500
Total tax
97 705
130 525
58 722
50 827
After tax
142 795
109 975
181 778
189 673
Living cost
76 705
76 705
76 705
76 705
Free-cash
66 090
33 270
105 073
112 968

Estimated living cost  is ₽76705 per week

₽49880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽942
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.
₽18999
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
₽69611
₽74773
₽90325
₽103210
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
trade
-
-
-
33 599
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.

-
-
-
6 552
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.

-
-
-
4 525
income

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

-
-
-
82 276
total
-
-
-
126 952
Employee

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

57 641
-
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.

373
-
4 525
-
income

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

6 778
-
82 276
-
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.

6 552
-
6 552
-
total
13 703
-
93 353
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 859
240 500
-
-
trade
31 360
41 245
-
-
income
27 429
36 074
-
-
chamber of commerce
402
484
-
-
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.

1 509
1 984
-
-
total
60 700
79 787
-
-
Dividends
122 159
160 712
-
-
withholding
30 175
39 813
-
-
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.

1 660
2 190
-
-
total
31 835
42 003
-
-
Income
240 500
240 500
240 500
240 500
Total tax
106 238
121 790
93 353
126 952
After tax
134 262
118 710
147 147
113 548
Living cost
43 937
43 937
43 937
43 937
Free-cash
90 325
74 773
103 210
69 611

Estimated living cost  is ₽43937 per week

₽32090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3515
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.
₽7763
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
₽96647
₽88397
₽94064
₽88031
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
pensions
-
-
-
36 064
health
-
-
-
12 402
surtax
-
-
-
-
other
-
-
-
7 455
social contributions
-
-
-
6 853
income
-
-
-
48 265
total
-
-
-
111 039
Employee
41 049
-
182 364
-
social contributions
1 170
-
5 196
-
surtax
-
-
-
-
pensions
4 641
-
14 244
-
income
2 423
-
42 078
-
total
8 234
-
61 518
-
Employer
41 049
-
182 364
-
pensions
6 743
-
23 700
-
social contributions
124
-
548
-
other
1 416
-
7 780
-
unemployment
1 662
-
7 386
-
health
2 874
-
18 723
-
total
12 819
-
58 137
-
Corporate
186 632
240 500
-
-
income
52 257
67 340
-
-
surtax
-
-
-
-
total
52 257
67 340
-
-
Dividends
134 376
173 160
-
-
withholding
17 200
22 165
-
-
surtax
-
-
-
-
social contributions
23 112
29 784
-
-
total
40 312
51 949
-
-
Income
240 500
240 500
240 500
240 500
Total tax
113 622
119 289
119 655
111 039
After tax
126 878
121 211
120 845
129 461
Living cost
32 814
32 814
32 814
32 814
Free-cash
94 064
88 397
88 031
96 647

Estimated living cost  is ₽32814 per week

₽20691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8898
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
₽99898
₽91648
₽96975
₽91282
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
pensions
-
-
-
36 064
health
-
-
-
12 402
surtax
-
-
-
-
other
-
-
-
7 455
social contributions
-
-
-
6 853
income
-
-
-
48 265
total
-
-
-
111 039
Employee
36 642
-
182 364
-
social contributions
1 045
-
5 196
-
surtax
-
-
-
-
pensions
4 144
-
14 244
-
income
1 889
-
42 078
-
total
7 078
-
61 518
-
Employer
36 642
-
182 364
-
pensions
6 021
-
23 700
-
social contributions
109
-
548
-
other
1 265
-
7 780
-
unemployment
1 483
-
7 386
-
health
2 565
-
18 723
-
total
11 443
-
58 137
-
Corporate
192 415
240 500
-
-
income
53 877
67 340
-
-
surtax
-
-
-
-
total
53 877
67 340
-
-
Dividends
138 539
173 160
-
-
withholding
17 733
22 165
-
-
surtax
-
-
-
-
social contributions
23 831
29 784
-
-
total
41 564
51 949
-
-
Income
240 500
240 500
240 500
240 500
Total tax
113 962
119 289
119 655
111 039
After tax
126 538
121 211
120 845
129 461
Living cost
29 563
29 563
29 563
29 563
Free-cash
96 975
91 648
91 282
99 898

Estimated living cost  is ₽29563 per week

₽17145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3003
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8855
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
₽134111
₽126388
₽126887
₽127049
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
health
-
-
-
16 787
social contributions
-
-
-
33 190
income
-
-
-
36 074
total
-
-
-
86 051
Employee
32 520
-
240 500
-
social contributions
4 488
-
33 190
-
income
5 424
-
43 136
-
health
2 270
-
16 787
-
total
12 182
-
93 113
-
Employer
32 520
-
240 500
-
total
-
-
-
-
Corporate
207 980
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%.

10 398
12 025
-
-
total
10 398
12 025
-
-
Dividends
197 582
228 475
-
-
withholding
29 637
34 271
-
-
social contributions
27 267
31 530
-
-
health
13 791
15 948
-
-
total
70 695
81 749
-
-
Income
240 500
240 500
240 500
240 500
Total tax
93 275
93 774
93 113
86 051
After tax
147 225
146 726
147 387
154 449
Living cost
20 338
20 338
20 338
20 338
Free-cash
126 887
126 388
127 049
134 111

Estimated living cost  is ₽20338 per week

₽13611
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1254
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
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.
₽5003
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
₽89006
₽98589
₽97106
₽28650
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
pensions
-
-
-
20 729
health
-
-
-
8 571
surtax
-
-
-
189
unemployment
-
-
-
5 883
income
-
-
-
81 364
chamber of commerce
-
-
-
963
total
-
-
-
117 699
Employee
47 932
38 222
201 532
-
pensions
4 909
3 913
11 474
-
other
479
382
1 121
-
unemployment
1 438
1 147
3 362
-
income
5 457
2 819
69 324
-
health
1 855
1 480
4 335
-
total
14 138
9 741
89 616
-
Employer
47 932
38 222
201 532
-
payroll
1 438
1 147
6 046
-
chamber of commerce
191
153
806
-
pensions
6 015
4 798
14 062
-
surtax
189
189
189
-
other
2 277
1 815
8 811
-
unemployment
1 438
1 147
3 362
-
accident
622
497
1 456
-
health
1 811
1 445
4 235
-
total
13 981
11 191
38 967
-
Corporate
178 586
191 088
197 891
-
income

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

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

44 647
47 772
49 472
-
total
44 647
47 772
49 472
-
Dividends
133 939
143 316
-
-
withholding
36 833
39 412
-
-
total
36 833
39 412
-
-
Income
240 500
240 500
240 500
240 500
Total tax
109 599
108 116
178 055
117 699
After tax
130 901
132 384
62 445
122 801
Living cost
33 795
33 795
33 795
33 795
Free-cash
97 106
98 589
28 650
89 006

Estimated living cost  is ₽33795 per week

₽22540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7817
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
₽69757
₽95628
₽85000
₽45707
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
-
-
-
23 912
communal

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

-
-
-
12 996
national
-
-
-
98 864
total
-
-
-
135 772
Employee

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

68 606
-
186 276
-
national
21 092
-
71 535
-
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.

5 145
-
13 971
-
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.

597
-
1 620
-
communal

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

3 578
-
9 716
-
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.

3 223
-
8 755
-
total
33 635
-
105 597
-
Employer

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

68 606
-
186 276
-
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.

6 079
-
16 505
-
surtax
7 779
-
21 124
-
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.

1 001
-
2 719
-
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.

892
-
2 421
-
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.

4 219
-
11 456
-
total
19 970
-
54 225
-
Corporate
151 924
240 500
-
-
income
30 385
53 363
-
-
surtax
608
1 067
-
-
total
30 993
54 430
-
-
Dividends
120 931
186 070
-
-
withholding

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

35 931
55 471
-
-
total
35 931
55 471
-
-
Income
240 500
240 500
240 500
240 500
Total tax
120 529
109 901
159 822
135 772
After tax
119 971
130 599
80 678
104 728
Living cost
34 971
34 971
34 971
34 971
Free-cash
85 000
95 628
45 707
69 757

Estimated living cost  is ₽34971 per week

₽22526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
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.
₽8840
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
₽99530
₽124808
₽118237
₽95505
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
pensions
-
-
-
25 157
other
-
-
-
89
unemployment
-
-
-
622
accident
-
-
-
801
income
-
-
-
79 663
total
-
-
-
106 332
Employee
47 742
-
212 159
-
pensions
2 244
-
4 179
-
other
47
-
89
-
unemployment
741
-
1 378
-
income
10 073
-
76 370
-
total
13 105
-
82 016
-
Employer
47 742
-
212 159
-
pensions
11 266
-
20 980
-
other
380
-
712
-
unemployment
2 626
-
4 889
-
accident
945
-
1 760
-
total
15 217
-
28 341
-
Corporate
177 540
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.

26 632
36 074
-
-
total
26 632
36 074
-
-
Dividends
150 908
204 426
-
-
withholding
32 671
44 980
-
-
total
32 671
44 980
-
-
Income
240 500
240 500
240 500
240 500
Total tax
87 625
81 054
110 357
106 332
After tax
152 875
159 446
130 143
134 168
Living cost
34 638
34 638
34 638
34 638
Free-cash
118 237
124 808
95 505
99 530

Estimated living cost  is ₽34638 per week

₽25507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
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.
₽6174
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
₽60390
₽81912
₽68716
₽68300
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
pensions
-
-
-
34 081
health
-
-
-
15 975
surtax
-
-
-
12 133
accident
-
-
-
1 917
communal
-
-
-
15 200
income
-
-
-
48 682
total
-
-
-
127 988
Employee
72 633
-
214 828
-
surtax
4 452
-
13 167
-
pensions
5 810
-
17 185
-
income
7 016
-
54 497
-
health
3 232
-
9 559
-
total
20 510
-
94 408
-
Employer
72 633
-
214 828
-
pensions
5 810
-
17 185
-
accident
653
-
1 933
-
health
2 215
-
6 552
-
total
8 678
-
25 670
-
Corporate
159 189
240 500
-
-
communal
10 746
16 233
-
-
income
23 878
36 074
-
-
surtax
1 671
2 524
-
-
total
36 295
54 831
-
-
Dividends
122 894
185 668
-
-
withholding
18 434
27 849
-
-
income
35 745
23 786
-
-
total
54 179
51 635
-
-
Income
240 500
240 500
240 500
240 500
Total tax
119 662
106 466
120 078
127 988
After tax
120 838
134 034
120 422
112 512
Living cost
52 122
52 122
52 122
52 122
Free-cash
68 716
81 912
68 300
60 390

Estimated living cost  is ₽52122 per week

₽39099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9312
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
₽91318
₽129733
₽126679
₽85456
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
pensions
-
-
-
25 602
health
-
-
-
9 088
surtax
-
-
-
13 682
other
-
-
-
-
unemployment
-
-
-
218
income
-
-
-
79 049
total
-
-
-
127 639
Employee
32 300
-
213 555
-
surtax
115
-
12 535
-
pensions
2 155
-
8 538
-
other
-
-
-
-
unemployment
2 248
-
8 909
-
income
5 415
-
73 312
-
health
825
-
3 263
-
total
10 758
-
106 557
-
Employer
32 300
-
213 555
-
pensions
4 306
-
17 063
-
other
-
-
-
-
unemployment
1 025
-
4 057
-
health
1 469
-
5 824
-
total
6 800
-
26 944
-
Corporate
201 401
240 500
-
-
income
52 364
62 529
-
-
total
52 364
62 529
-
-
Dividends
149 036
177 971
-
-
withholding
22 356
26 695
-
-
total
22 356
26 695
-
-
Income
240 500
240 500
240 500
240 500
Total tax
92 278
89 224
133 501
127 639
After tax
148 222
151 276
106 999
112 861
Living cost
21 543
21 543
21 543
21 543
Free-cash
126 679
129 733
85 456
91 318

Estimated living cost  is ₽21543 per week

₽13006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
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.
₽6165
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
₽90871
₽100576
₽98448
₽82783
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
municipal
-
-
-
1 540
regional
-
-
-
3 907
social contributions
-
-
-
48 003
national
-
-
-
70 343
total
-
-
-
123 793
Employee
53 203
-
240 500
-
social contributions
17 941
-
62 934
-
municipal
282
-
1 420
-
regional
716
-
3 605
-
national
8 429
-
63 922
-
total
27 368
-
131 881
-
Employer
53 203
-
240 500
-
total
-
-
-
-
Corporate
187 297
240 500
-
-
nationa
44 951
57 721
-
-
municipal
9 308
11 953
-
-
total
54 259
69 674
-
-
Dividends
133 038
170 827
-
-
withholding
34 589
44 414
-
-
total
34 589
44 414
-
-
Income
240 500
240 500
240 500
240 500
Total tax
116 216
114 088
131 881
123 793
After tax
124 284
126 412
108 619
116 707
Living cost
25 836
25 836
25 836
25 836
Free-cash
98 448
100 576
82 783
90 871

Estimated living cost  is ₽25836 per week

₽16068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
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.
₽6709
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
₽114319
₽136185
₽125696
₽103544
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
health
-
-
-
32 467
social contributions
-
-
-
34 331
solidarity contribution
-
-
-
3 929
income
-
-
-
26 055
total
-
-
-
96 782
Employee
43 234
-
193 676
-
social contributions
2 810
-
7 642
-
income
5 188
-
23 983
-
solidarity contribution
-
-
2 962
-
health
5 837
-
26 146
-
total
13 835
-
60 733
-
Employer
43 234
-
193 676
-
social contributions
10 809
-
29 393
-
health
3 891
-
17 431
-
total
14 700
-
46 824
-
Corporate
182 566
240 500
-
-
income
34 688
45 695
-
-
total
34 688
45 695
-
-
Dividends
147 878
194 805
-
-
withholding
22 182
29 221
-
-
total
22 182
29 221
-
-
Income
240 500
240 500
240 500
240 500
Total tax
85 405
74 916
107 557
96 782
After tax
155 095
165 584
132 943
143 718
Living cost
29 399
29 399
29 399
29 399
Free-cash
125 696
136 185
103 544
114 319

Estimated living cost  is ₽29399 per week

₽21863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1629
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.
₽5399
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
₽92391
₽101888
₽101413
₽31887
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
pensions
-
-
-
20 729
health
-
-
-
8 571
surtax
-
-
-
-
unemployment
-
-
-
5 883
income
-
-
-
81 364
chamber of commerce
-
-
-
963
total
-
-
-
117 510
Employee
41 926
38 222
201 708
-
pensions
4 294
3 913
11 474
-
other
419
382
1 121
-
unemployment
1 258
1 147
3 362
-
income
3 735
2 819
69 413
-
health
1 622
1 480
4 335
-
total
11 328
9 741
89 705
-
Employer
41 926
38 222
201 708
-
payroll
1 258
1 147
6 052
-
chamber of commerce
167
153
806
-
pensions
5 262
4 798
14 062
-
surtax
-
-
-
-
other
1 991
1 815
8 818
-
unemployment
1 258
1 147
3 362
-
accident
544
497
1 456
-
health
1 585
1 445
4 235
-
total
12 065
11 002
38 791
-
Corporate
186 509
191 277
198 068
-
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.

46 627
47 819
49 518
-
total
46 627
47 819
49 518
-
Dividends
139 882
143 458
-
-
withholding
38 468
39 451
-
-
total
38 468
39 451
-
-
Income
240 500
240 500
240 500
240 500
Total tax
108 488
108 013
178 014
117 510
After tax
132 012
132 487
62 486
122 990
Living cost
30 599
30 599
30 599
30 599
Free-cash
101 413
101 888
31 887
92 391

Estimated living cost  is ₽30599 per week

₽18356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
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.
₽8573
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
₽225791
₽216171
₽213864
₽180096
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
15 380
-
240 500
-
income
3 076
-
48 100
-
total
3 076
-
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%.

225 120
240 500
-
-
total
-
-
-
-
Dividends
225 120
240 500
-
-
withholding
11 256
12 025
-
-
total
11 256
12 025
-
-
Income
240 500
240 500
240 500
240 500
Total tax
14 332
12 025
48 100
2 405
After tax
226 168
228 475
192 400
238 095
Living cost
12 304
12 304
12 304
12 304
Free-cash
213 864
216 171
180 096
225 791

Estimated living cost  is ₽12304 per week

₽8326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
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.
₽3048
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
₽83320
₽139859
₽131837
₽78098
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
pensions
-
-
-
43 921
health
-
-
-
23 665
unemployment
-
-
-
360
income
-
-
-
63 508
total
-
-
-
131 454
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.

42 412
-
208 099
-
pensions
6 574
-
32 256
-
unemployment
60
-
291
-
income
7 314
-
58 284
-
health
2 739
-
13 443
-
total
16 687
-
104 274
-
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.

42 412
-
208 099
-
pensions
3 753
-
18 418
-
unemployment
25
-
126
-
health
2 825
-
13 858
-
total
6 603
-
32 402
-
Corporate
191 484
240 500
-
-
income
36 382
45 695
-
-
total
36 382
45 695
-
-
Dividends
155 102
194 805
-
-
withholding
23 265
29 220
-
-
total
23 265
29 220
-
-
Income
240 500
240 500
240 500
240 500
Total tax
82 937
74 915
136 676
131 454
After tax
157 563
165 585
103 824
109 046
Living cost
25 726
25 726
25 726
25 726
Free-cash
131 837
139 859
78 098
83 320

Estimated living cost  is ₽25726 per week

₽17655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1649
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
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.
₽5924
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
₽124324
₽104439
₽58271
₽185850
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
-
-
-
27 417
income
-
-
-
46 878
total
-
-
-
74 295
Employee
60 051
-
-
-
social contributions
4 924
-
702
-
income
13 246
-
-
-
total
18 170
-
702
-
Employer
60 051
-
-
-
social contributions
84 672
-
12 067
-
total
84 672
-
12 067
-
Corporate
95 777
240 500
-
-
income
21 071
52 910
-
-
total
21 071
52 910
-
-
Dividends
74 706
187 590
-
-
income
16 435
41 270
-
-
total
16 435
41 270
-
-
Income
240 500
240 500
240 500
240 500
Total tax
140 348
94 180
12 769
74 295
After tax
100 152
146 320
227 731
166 205
Living cost
41 881
41 881
41 881
41 881
Free-cash
58 271
104 439
185 850
124 324

Estimated living cost  is ₽41881 per week

₽27174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
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.
₽10234
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
₽94124
₽106712
₽105749
₽74420
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
surtax
-
-
-
-
social contributions

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

-
-
-
83 573
income
-
-
-
32 719
total
-
-
-
116 292
Employee
44 112
-
194 344
-
social contributions
4 852
-
21 377
-
surtax
-
-
684
-
income
9 175
-
67 779
-
total
14 027
-
89 840
-
Employer
44 112
-
194 344
-
social contributions
10 476
-
46 156
-
total
10 476
-
46 156
-
Corporate
185 912
240 500
-
-
income
39 041
50 504
-
-
surtax
-
-
-
-
total
39 041
50 504
-
-
Dividends
146 871
189 996
-
-
withholding
41 123
53 200
-
-
total
41 123
53 200
-
-
Income
240 500
240 500
240 500
240 500
Total tax
104 667
103 704
135 996
116 292
After tax
135 833
136 796
104 504
124 208
Living cost
30 084
30 084
30 084
30 084
Free-cash
105 749
106 712
74 420
94 124

Estimated living cost  is ₽30084 per week

₽22509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1775
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
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.
₽5298
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
₽83137
₽74887
₽81482
₽74521
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
pensions
-
-
-
36 064
health
-
-
-
12 402
surtax
-
-
-
-
other
-
-
-
7 455
social contributions
-
-
-
6 853
income
-
-
-
48 265
total
-
-
-
111 039
Employee
60 071
-
182 364
-
social contributions
1 711
-
5 196
-
surtax
-
-
-
-
pensions
6 794
-
14 244
-
income
5 241
-
42 078
-
total
13 746
-
61 518
-
Employer
60 071
-
182 364
-
pensions
9 870
-
23 700
-
social contributions
180
-
548
-
other
2 073
-
7 780
-
unemployment
2 433
-
7 386
-
health
4 204
-
18 723
-
total
18 760
-
58 137
-
Corporate
161 667
240 500
-
-
income
45 268
67 340
-
-
surtax
-
-
-
-
total
45 268
67 340
-
-
Dividends
116 400
173 160
-
-
withholding
14 899
22 165
-
-
surtax
-
-
-
-
social contributions
20 021
29 784
-
-
total
34 920
51 949
-
-
Income
240 500
240 500
240 500
240 500
Total tax
112 694
119 289
119 655
111 039
After tax
127 806
121 211
120 845
129 461
Living cost
46 324
46 324
46 324
46 324
Free-cash
81 482
74 887
74 521
83 137

Estimated living cost  is ₽46324 per week

₽31351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
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.
₽10547
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
₽145824
₽187618
₽184396
₽152216
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
-
-
-
52 910
income
-
-
-
12 935
total
-
-
-
65 845
Employee
30 834
-
208 226
-
social contributions
2 004
-
13 534
-
income
-
-
13 645
-
total
2 004
-
27 179
-
Employer
30 834
-
208 226
-
social contributions
4 780
-
32 274
-
total
4 780
-
32 274
-
Corporate
204 886
240 500
-
-
income
20 489
24 051
-
-
total
20 489
24 051
-
-
Dividends
184 397
216 449
-
-
total
-
-
-
-
Income
240 500
240 500
240 500
240 500
Total tax
27 273
24 051
59 453
65 845
After tax
213 227
216 449
181 047
174 655
Living cost
28 831
28 831
28 831
28 831
Free-cash
184 396
187 618
152 216
145 824

Estimated living cost  is ₽28831 per week

₽18641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
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.
₽7473
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
₽91554
₽31750
₽16338
₽31750
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
municipal
-
-
-
52 228
pensions
-
-
-
830
labour market
-
-
-
19 173
national
-
-
-
30 572
total
-
-
-
102 803
Employee
194 757
194 757
194 757
-
municipal
41 472
41 472
41 472
-
national
23 793
23 793
23 793
-
pensions
277
277
277
-
labour market
15 558
15 558
15 558
-
total
81 100
81 100
81 100
-
Employer
194 757
194 757
194 757
-
labour market
15 581
15 581
15 581
-
pensions
554
554
554
-
municipal
41 538
41 538
41 538
-
national
23 834
23 834
23 834
-
total
81 507
81 507
81 507
-
Corporate
31 750
-
-
-
income
6 985
-
-
-
total
6 985
-
-
-
Dividends
24 765
-
-
-
withholding
8 427
-
-
-
total
8 427
-
-
-
Income
240 500
240 500
240 500
240 500
Total tax
178 019
162 607
162 607
102 803
After tax
62 481
77 893
77 893
137 697
Living cost
46 143
46 143
46 143
46 143
Free-cash
16 338
31 750
31 750
91 554

Estimated living cost  is ₽46143 per week

₽31580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽710
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.
₽9770
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
₽142973
-₽1707
₽16230
₽111847
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
pensions
-
-
-
4 067
health
-
-
-
2 132
other
-
-
-
362
accident
-
-
-
247
income
-
-
-
69 531
total
-
-
-
76 339
Employee
33 330
-
220 640
-
pensions
3 753
-
7 458
-
income
4 572
-
54 884
-
health
3 817
-
25 263
-
total
12 142
-
87 605
-
Employer
33 330
-
220 640
-
pensions
5 419
-
10 769
-
unemployment
817
-
5 406
-
accident
557
-
3 685
-
total
6 793
-
19 860
-
Corporate
200 377
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.

180 340
216 450
-
-
total
180 340
216 450
-
-
Dividends
20 038
24 050
-
-
withholding
3 807
4 569
-
-
total
3 807
4 569
-
-
Income
240 500
240 500
240 500
240 500
Total tax
203 082
221 019
107 465
76 339
After tax
37 418
19 481
133 035
164 161
Living cost
21 188
21 188
21 188
21 188
Free-cash
16 230
-1 707
111 847
142 973

Estimated living cost  is ₽21188 per week

₽15422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽107900
₽108854
₽112397
₽80352
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
municipal
-
-
-
42 696
health
-
-
-
3 303
national
-
-
-
49 778
total
-
-
-
95 777
Employee
50 461
-
202 322
-
municipal
8 265
-
32 926
-
national
834
-
32 815
-
pensions
3 405
-
13 656
-
unemployment
757
-
3 034
-
health
377
-
2 716
-
total
13 638
-
85 147
-
Employer
50 461
-
202 322
-
pensions
8 755
-
35 102
-
unemployment
328
-
1 316
-
accident
51
-
202
-
health
388
-
1 558
-
total
9 522
-
38 178
-
Corporate
180 518
240 500
-
-
income
36 103
48 100
-
-
total
36 103
48 100
-
-
Dividends

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

108 311
144 300
-
-
municipal
19 495
25 975
-
-
national
12 522
20 748
-
-
total
32 017
46 723
-
-
Income
240 500
240 500
240 500
240 500
Total tax
91 280
94 823
123 325
95 777
After tax
149 220
145 677
117 175
144 723
Living cost
36 823
36 823
36 823
36 823
Free-cash
112 397
108 854
80 352
107 900

Estimated living cost  is ₽36823 per week

₽24053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3542
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
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.
₽8644
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
₽138594
₽153008
₽147787
₽136671
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
health
-
-
-
6 132
social contributions
-
-
-
15 518
income
-
-
-
58 050
total
-
-
-
79 700
Employee
73 751
73 751
228 025
-
social contributions
2 788
6 121
8 256
-
income
8 030
6 827
57 015
-
health
572
1 254
3 877
-
total
11 390
14 202
69 148
-
Employer
73 751
73 751
228 025
-
social contributions
2 788
6 121
8 256
-
health
621
1 365
4 219
-
total
3 409
7 486
12 475
-
Corporate
203 495
159 263
-
-
income
25 438
19 908
-
-
total
25 438
19 908
-
-
Dividends
178 057
139 354
-
-
withholding
30 270
23 690
-
-
total
30 270
23 690
-
-
Income
240 500
240 500
240 500
240 500
Total tax
70 507
65 286
81 623
79 700
After tax
169 993
175 214
158 877
160 800
Living cost
22 206
22 206
22 206
22 206
Free-cash
147 787
153 008
136 671
138 594

Estimated living cost  is ₽22206 per week

₽13309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2179
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6228
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
₽190614
₽183930
₽179052
₽171376
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
pensions
-
-
-
6 101
health
-
-
-
3 471
unemployment
-
-
-
27
income
-
-
-
25 059
total
-
-
-
34 658
Employee

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

22 015
-
231 126
-
pensions
3 302
-
13 651
-
unemployment
109
-
455
-
income
1 505
-
22 682
-
health
1 871
-
7 735
-
total
6 787
-
44 523
-
Employer

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

22 015
-
231 126
-
pensions
1 210
-
5 005
-
unemployment
109
-
455
-
health
946
-
3 913
-
total
2 265
-
9 373
-
Corporate
216 219
240 500
-
-
income
19 460
21 645
-
-
total
19 460
21 645
-
-
Dividends
196 759
218 855
-
-
withholding
17 708
19 697
-
-
total
17 708
19 697
-
-
Income
240 500
240 500
240 500
240 500
Total tax
46 220
41 342
53 896
34 658
After tax
194 280
199 158
186 604
205 842
Living cost
15 228
15 228
15 228
15 228
Free-cash
179 052
183 930
171 376
190 614

Estimated living cost  is ₽15228 per week

₽9716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3961
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
₽107793
₽133071
₽128833
₽103768
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
pensions
-
-
-
25 157
other
-
-
-
89
unemployment
-
-
-
622
accident
-
-
-
801
income
-
-
-
79 663
total
-
-
-
106 332
Employee
35 464
-
212 159
-
pensions
1 667
-
4 179
-
other
35
-
89
-
unemployment
550
-
1 378
-
income
6 837
-
76 370
-
total
9 089
-
82 016
-
Employer
35 464
-
212 159
-
pensions
8 369
-
20 980
-
other
284
-
712
-
unemployment
1 951
-
4 889
-
accident
703
-
1 760
-
total
11 307
-
28 341
-
Corporate
193 729
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.

29 060
36 074
-
-
total
29 060
36 074
-
-
Dividends
164 670
204 426
-
-
withholding
35 836
44 980
-
-
total
35 836
44 980
-
-
Income
240 500
240 500
240 500
240 500
Total tax
85 292
81 054
110 357
106 332
After tax
155 208
159 446
130 143
134 168
Living cost
26 375
26 375
26 375
26 375
Free-cash
128 833
133 071
103 768
107 793

Estimated living cost  is ₽26375 per week

₽17802
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.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽153353
₽148199
₽147890
₽153218
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
pensions
-
-
-
1 366
health
-
-
-
990
income
-
-
-
82 918
total
-
-
-
85 274
Employee
2 853
-
238 963
-
pensions
257
-
615
-
unemployment
29
-
68
-
income
552
-
82 847
-
health
143
-
342
-
total
981
-
83 872
-
Employer
2 853
-
238 963
-
pensions
314
-
751
-
unemployment
57
-
137
-
health
271
-
649
-
total
642
-
1 537
-
Corporate
237 006
240 500
-
-
income
52 141
52 910
-
-
total
52 141
52 910
-
-
Dividends
184 864
187 590
-
-
withholding
36 973
37 518
-
-
total
36 973
37 518
-
-
Income
240 500
240 500
240 500
240 500
Total tax
90 737
90 428
85 409
85 274
After tax
149 763
150 072
155 091
155 226
Living cost
1 873
1 873
1 873
1 873
Free-cash
147 890
148 199
153 218
153 353

Estimated living cost  is ₽1873 per week

₽1113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽565
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
₽141015
₽157180
₽152463
₽141016
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
pensions
-
-
-
18 423
health
-
-
-
7 298
unemployment
-
-
-
1 063
income
-
-
-
56 120
total
-
-
-
82 904
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.

25 003
-
227 817
-
pensions
3 500
-
9 920
-
unemployment
188
-
531
-
income
3 446
-
56 120
-
health
1 288
-
3 649
-
total
8 422
-
70 220
-
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.

25 003
-
227 817
-
pensions
3 000
-
8 503
-
unemployment
188
-
531
-
health
1 288
-
3 649
-
total
4 476
-
12 683
-
Corporate
211 022
240 500
-
-
income
31 653
36 075
-
-
total
31 653
36 075
-
-
Dividends
179 368
204 425
-
-
withholding
26 905
30 664
-
-
total
26 905
30 664
-
-
Income
240 500
240 500
240 500
240 500
Total tax
71 456
66 739
82 903
82 904
After tax
169 044
173 761
157 597
157 596
Living cost
16 581
16 581
16 581
16 581
Free-cash
152 463
157 180
141 016
141 015

Estimated living cost  is ₽16581 per week

₽11164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
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.
₽3655
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
₽98351
₽110939
₽110593
₽78647
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
surtax
-
-
-
-
social contributions

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

-
-
-
83 573
income
-
-
-
32 719
total
-
-
-
116 292
Employee
37 225
-
194 344
-
social contributions
4 095
-
21 377
-
surtax
-
-
684
-
income
7 274
-
67 779
-
total
11 369
-
89 840
-
Employer
37 225
-
194 344
-
social contributions
8 840
-
46 156
-
total
8 840
-
46 156
-
Corporate
194 434
240 500
-
-
income
40 832
50 504
-
-
surtax
-
-
-
-
total
40 832
50 504
-
-
Dividends
153 602
189 996
-
-
withholding
43 009
53 200
-
-
total
43 009
53 200
-
-
Income
240 500
240 500
240 500
240 500
Total tax
104 050
103 704
135 996
116 292
After tax
136 450
136 796
104 504
124 208
Living cost
25 857
25 857
25 857
25 857
Free-cash
110 593
110 939
78 647
98 351

Estimated living cost  is ₽25857 per week

₽18314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1796
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
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.
₽5289
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
₽100461
₽125738
₽119460
₽96435
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
pensions
-
-
-
25 157
other
-
-
-
89
unemployment
-
-
-
622
accident
-
-
-
801
income
-
-
-
79 663
total
-
-
-
106 332
Employee
46 321
-
212 159
-
pensions
2 177
-
4 179
-
other
46
-
89
-
unemployment
717
-
1 378
-
income
9 675
-
76 370
-
total
12 615
-
82 016
-
Employer
46 321
-
212 159
-
pensions
10 932
-
20 980
-
other
371
-
712
-
unemployment
2 548
-
4 889
-
accident
917
-
1 760
-
total
14 768
-
28 341
-
Corporate
179 411
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.

26 912
36 074
-
-
total
26 912
36 074
-
-
Dividends
152 499
204 426
-
-
withholding
33 037
44 980
-
-
total
33 037
44 980
-
-
Income
240 500
240 500
240 500
240 500
Total tax
87 332
81 054
110 357
106 332
After tax
153 168
159 446
130 143
134 168
Living cost
33 708
33 708
33 708
33 708
Free-cash
119 460
125 738
96 435
100 461

Estimated living cost  is ₽33708 per week

₽24207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6405
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
₽179003
₽189143
₽183303
₽189207
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
pensions

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

-
-
-
4 954
health
-
-
-
3 849
unemployment
-
-
-
134
income
-
-
-
36 075
total
-
-
-
45 012
Employee
21 829
-
233 933
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

1 916
-
2 939
-
income
2 183
-
23 393
-
health
1 004
-
1 540
-
total
5 343
-
28 240
-
Employer
21 829
-
233 933
-
pensions

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

2 405
-
3 689
-
unemployment
131
-
201
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
health
1 506
-
2 310
-
total
4 282
-
6 568
-
Corporate
214 389
240 500
-
-
income
21 439
24 050
-
-
total
21 439
24 050
-
-
Dividends
192 950
216 450
-
-
withholding
9 648
10 822
-
-
total
9 648
10 822
-
-
Income
240 500
240 500
240 500
240 500
Total tax
40 712
34 872
34 808
45 012
After tax
199 788
205 628
205 692
195 488
Living cost
16 485
16 485
16 485
16 485
Free-cash
183 303
189 143
189 207
179 003

Estimated living cost  is ₽16485 per week

₽10903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
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.
₽4246
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
₽82005
₽86628
₽99173
₽110118
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
trade
-
-
-
28 113
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.

-
-
-
6 552
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.

-
-
-
4 525
income

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

-
-
-
82 276
total
-
-
-
121 466
Employee

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

47 722
-
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.

217
-
4 525
-
income

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

3 924
-
82 276
-
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.

6 552
-
6 552
-
total
10 693
-
93 353
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 778
240 500
-
-
trade
27 664
34 511
-
-
income
28 916
36 074
-
-
chamber of commerce
428
499
-
-
surtax

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

1 591
1 984
-
-
total
58 599
73 068
-
-
Dividends
134 180
167 432
-
-
withholding
33 180
41 493
-
-
surtax

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

1 826
2 282
-
-
total
35 006
43 775
-
-
Income
240 500
240 500
240 500
240 500
Total tax
104 298
116 843
93 353
121 466
After tax
136 202
123 657
147 147
119 034
Living cost
37 029
37 029
37 029
37 029
Free-cash
99 173
86 628
110 118
82 005

Estimated living cost  is ₽37029 per week

₽25543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
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.
₽6964
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
₽63738
₽113714
₽115833
₽63738
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
-
-
-
41 781
income
-
-
-
80 346
total
-
-
-
122 127
Employee
75 024
-
240 500
-
social contributions
6 233
-
41 781
-
income
14 157
-
80 346
-
total
20 390
-
122 127
-
Employer
75 024
-
240 500
-
total
-
-
-
-
Corporate
165 476
240 500
-
-
income
20 684
30 063
-
-
total
20 684
30 063
-
-
Dividends
144 792
210 437
-
-
withholding
28 958
42 088
-
-
total
28 958
42 088
-
-
Income
240 500
240 500
240 500
240 500
Total tax
70 032
72 151
122 127
122 127
After tax
170 468
168 349
118 373
118 373
Living cost
54 635
54 635
54 635
54 635
Free-cash
115 833
113 714
63 738
63 738

Estimated living cost  is ₽54635 per week

₽41566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4452
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.
₽8096
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
₽163706
₽116443
₽119794
₽131817
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
health

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

-
-
-
5 904
income
-
-
-
36 074
total
-
-
-
41 978
Employee
43 998
-
236 088
-
social contributions
4 408
-
4 412
-
income
4 774
-
65 043
-
total
9 182
-
69 455
-
Employer
43 998
-
236 088
-
social contributions
4 408
-
4 412
-
total
4 408
-
4 412
-
Corporate
192 093
240 500
-
-
income
67 233
84 174
-
-
total
67 233
84 174
-
-
Dividends
124 861
156 326
-
-
social contributions
5 067
5 067
-
-
total
5 067
5 067
-
-
Income
240 500
240 500
240 500
240 500
Total tax
85 890
89 241
73 867
41 978
After tax
154 610
151 259
166 633
198 522
Living cost
34 816
34 816
34 816
34 816
Free-cash
119 794
116 443
131 817
163 706

Estimated living cost  is ₽34816 per week

₽22933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
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.
₽8604
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
₽118661
₽114221
₽119857
₽97295
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
pensions
-
-
-
10 018
income
-
-
-
76 474
total
-
-
-
86 492
Employee
48 519
-
209 416
-
pensions
3 703
-
11 791
-
income
8 836
-
62 231
-
health
633
-
2 752
-
total
13 172
-
76 774
-
Employer
48 519
-
209 416
-
pensions
4 902
-
27 104
-
health
922
-
3 980
-
total
5 824
-
31 084
-
Corporate
186 157
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.

35 370
45 696
-
-
total
35 370
45 696
-
-
Dividends
150 787
194 804
-
-
withholding
30 930
45 236
-
-
total
30 930
45 236
-
-
Income
240 500
240 500
240 500
240 500
Total tax
85 296
90 932
107 858
86 492
After tax
155 204
149 568
132 642
154 008
Living cost
35 347
35 347
35 347
35 347
Free-cash
119 857
114 221
97 295
118 661

Estimated living cost  is ₽35347 per week

₽24248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
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.
₽7404
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
₽140875
-₽3805
₽15908
₽109749
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
pensions
-
-
-
4 067
health
-
-
-
2 132
other
-
-
-
362
accident
-
-
-
247
income
-
-
-
69 531
total
-
-
-
76 339
Employee
36 629
-
220 640
-
pensions
4 124
-
7 458
-
income
5 025
-
54 884
-
health
4 194
-
25 263
-
total
13 343
-
87 605
-
Employer
36 629
-
220 640
-
pensions
5 956
-
10 769
-
unemployment
897
-
5 406
-
accident
612
-
3 685
-
total
7 465
-
19 860
-
Corporate
196 406
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.

176 766
216 450
-
-
total
176 766
216 450
-
-
Dividends
19 641
24 050
-
-
withholding
3 732
4 569
-
-
total
3 732
4 569
-
-
Income
240 500
240 500
240 500
240 500
Total tax
201 306
221 019
107 465
76 339
After tax
39 194
19 481
133 035
164 161
Living cost
23 286
23 286
23 286
23 286
Free-cash
15 908
-3 805
109 749
140 875

Estimated living cost  is ₽23286 per week

₽17089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
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.
₽4370
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
₽144691
₽171043
₽168144
₽165756
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
pensions
-
-
-
28 190
health insurance
-
-
-
11 337
work injury
-
-
-
766
unemployment
-
-
-
1 838
income
-
-
-
40 738
total
-
-
-
82 869
Employee

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

20 704
-
240 500
-
pensions
3 810
-
14 095
-
health insurance
1 532
-
5 669
-
unemployment
248
-
919
-
income
2 070
-
40 738
-
work injury
104
-
383
-
total
7 764
-
61 804
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
219 796
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%.

21 980
24 050
-
-
total
21 980
24 050
-
-
Dividends
197 816
216 450
-
-
withholding
29 672
32 467
-
-
total
29 672
32 467
-
-
Income
240 500
240 500
240 500
240 500
Total tax
59 416
56 517
61 804
82 869
After tax
181 084
183 983
178 696
157 631
Living cost
12 940
12 940
12 940
12 940
Free-cash
168 144
171 043
165 756
144 691

Estimated living cost  is ₽12940 per week

₽8017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
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.
₽3580
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
₽76123
₽88469
₽84109
₽68245
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
municipal
-
-
-
1 733
regional
-
-
-
6 089
social contributions
-
-
-
48 003
national
-
-
-
70 343
total
-
-
-
126 168
Employee
80 821
-
240 500
-
social contributions
27 252
-
62 934
-
municipal
482
-
1 598
-
regional
1 220
-
5 592
-
national
13 658
-
63 922
-
total
42 612
-
134 046
-
Employer
80 821
-
240 500
-
total
-
-
-
-
Corporate
159 679
240 500
-
-
nationa
38 322
57 721
-
-
municipal
7 697
11 592
-
-
total
46 019
69 313
-
-
Dividends
113 660
171 187
-
-
withholding
29 551
44 509
-
-
total
29 551
44 509
-
-
Income
240 500
240 500
240 500
240 500
Total tax
118 182
113 822
134 046
126 168
After tax
122 318
126 678
106 454
114 332
Living cost
38 209
38 209
38 209
38 209
Free-cash
84 109
88 469
68 245
76 123

Estimated living cost  is ₽38209 per week

₽26839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8163
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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