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
₽118013
₽91977
₽87194
₽102643
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
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.

-
-
-
82 176
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.

-
-
-
4 519
trade
-
-
-
30 819
total
-
-
-
124 101
Employee

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

36 879
-
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.

57
-
4 519
-
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.

1 030
-
82 176
-
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.

6 587
-
6 587
-
total
7 674
-
93 282
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
203 621
240 500
-
-
chamber of commerce
439
492
-
-
surtax

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

1 680
1 983
-
-
trade
32 070
37 880
-
-
income
30 544
36 075
-
-
total
64 733
76 430
-
-
Dividends
138 888
164 069
-
-
surtax

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

1 890
2 236
-
-
withholding
34 355
40 652
-
-
total
36 245
42 888
-
-
Income
240 500
240 500
240 500
240 500
Total tax
108 652
119 318
93 282
124 101
After tax
131 848
121 182
147 218
116 399
Living cost
29 205
29 205
29 205
29 205
Free-cash
102 643
91 977
118 013
87 194

Estimated living cost  is ₽29205 per week

₽18371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86322
₽99152
₽85031
₽98305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
social contributions
-
-
-
2 585
pensions
-
-
-
28 860
national
-
-
-
46 307
municipal
-
-
-
26 797
total
-
-
-
104 549
Employee
78 935
-
207 910
-
municipal
9 750
-
27 728
-
national
15 108
-
48 346
-
pensions
3 157
-
8 316
-
total
28 015
-
84 390
-
Employer
78 935
-
207 910
-
pensions
6 315
-
16 633
-
social contributions
849
-
2 235
-
total
7 164
-
18 868
-
Corporate
149 192
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%.

29 838
48 100
-
-
total
29 838
48 100
-
-
Dividends
119 354
192 400
-
-
withholding
26 258
42 328
-
-
total
26 258
42 328
-
-
Income
240 500
240 500
240 500
240 500
Total tax
91 275
90 428
103 258
104 549
After tax
149 225
150 072
137 242
135 951
Living cost
50 920
50 920
50 920
50 920
Free-cash
98 305
99 152
86 322
85 031

Estimated living cost  is ₽50920 per week

₽34610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽762
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85744
₽172340
₽69003
₽164432
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 943
income
-
-
-
53 167
surtax
-
-
-
61 328
microenterprise
-
-
-
-
total
-
-
-
151 438
Employee
28 174
-
191 728
-
surtax
-
-
27 801
-
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.

3 100
-
12 640
-
income
5 015
-
45 484
-
total
8 115
-
85 925
-
Employer
28 174
-
191 728
-
surtax
-
-
21 090
-
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.

6 787
-
27 682
-
total
6 787
-
48 772
-
Corporate
205 539
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%.

41 107
48 101
-
-
total
41 107
48 101
-
-
Dividends

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

164 432
192 399
-
-
total
-
-
-
-
Income
240 500
240 500
240 500
240 500
Total tax
56 009
48 101
134 697
151 438
After tax
184 491
192 399
105 803
89 062
Living cost
20 059
20 059
20 059
20 059
Free-cash
164 432
172 340
85 744
69 003

Estimated living cost  is ₽20059 per week

₽12797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113377
₽79731
₽87467
₽73825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 890
income
-
-
-
89 454
pensions
-
-
-
11 297
total
-
-
-
112 641
Employee
82 339
82 339
222 581
-
income

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

13 478
13 478
45 626
-
pensions
14 821
11 297
11 297
-
health
12 638
10 750
11 890
-
total
40 937
35 525
68 813
-
Employer
82 339
82 339
222 581
-
unemployment
2 964
2 964
3 683
-
health
5 723
5 723
7 112
-
pensions
5 731
5 731
7 123
-
total
14 418
14 418
17 918
-
Corporate
144 753
143 743
-
-
income
28 950
28 749
-
-
total
28 950
28 749
-
-
Dividends
115 802
114 994
-
-
income
24 608
24 436
-
-
withholding
17 370
17 249
-
-
total
41 978
41 685
-
-
Income
240 500
240 500
240 500
240 500
Total tax
126 283
120 377
86 731
112 641
After tax
114 217
120 123
153 769
127 859
Living cost
40 392
40 392
40 392
40 392
Free-cash
73 825
79 731
113 377
87 467

Estimated living cost  is ₽40392 per week

₽28625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78528
₽91242
₽79500
₽90342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
other
-
-
-
10 205
health
-
-
-
5 480
accident
-
-
-
176
pensions
-
-
-
9 494
national
-
-
-
31 356
unemployment
-
-
-
88
municipal
-
-
-
64 130
total
-
-
-
120 929
Employee
57 098
-
212 906
-
municipal
17 027
-
63 489
-
national
-
-
30 818
-
total
17 027
-
94 307
-
Employer
57 098
-
212 906
-
other
6 635
-
10 205
-
unemployment
1 507
-
2 318
-
health
3 512
-
5 401
-
accident
114
-
176
-
pensions
6 172
-
9 494
-
total
17 940
-
27 594
-
Corporate
165 462
240 500
-
-
income
36 402
52 910
-
-
total
36 402
52 910
-
-
Dividends
129 060
187 590
-
-
withholding
38 718
56 277
-
-
total
38 718
56 277
-
-
Income
240 500
240 500
240 500
240 500
Total tax
110 087
109 187
121 901
120 929
After tax
130 413
131 313
118 599
119 571
Living cost
40 071
40 071
40 071
40 071
Free-cash
90 342
91 242
78 528
79 500

Estimated living cost  is ₽40071 per week

₽26558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109340
₽82069
₽77153
₽95617
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
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.

-
-
-
82 176
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.

-
-
-
4 519
trade
-
-
-
32 187
total
-
-
-
125 469
Employee

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

48 897
-
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.

231
-
4 519
-
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.

4 201
-
82 176
-
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.

6 587
-
6 587
-
total
11 019
-
93 282
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
191 603
240 500
-
-
chamber of commerce
419
489
-
-
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.

1 581
1 983
-
-
trade
31 519
39 563
-
-
income
28 740
36 075
-
-
total
62 259
78 110
-
-
Dividends
129 344
162 390
-
-
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.

1 758
2 212
-
-
withholding
31 969
40 231
-
-
total
33 727
42 443
-
-
Income
240 500
240 500
240 500
240 500
Total tax
107 005
120 553
93 282
125 469
After tax
133 495
119 947
147 218
115 031
Living cost
37 878
37 878
37 878
37 878
Free-cash
95 617
82 069
109 340
77 153

Estimated living cost  is ₽37878 per week

₽25333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127646
₽143943
₽129570
₽139944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 600
health
-
-
-
6 133
income
-
-
-
57 923
total
-
-
-
79 656
Employee
74 142
74 142
227 983
-
social contributions
3 603
6 153
8 300
-
income
7 786
6 863
56 887
-
health
737
1 261
3 875
-
total
12 126
14 277
69 062
-
Employer
74 142
74 142
227 983
-
health
803
1 372
4 218
-
social contributions
3 603
6 153
8 300
-
total
4 406
7 525
12 518
-
Corporate
192 694
158 832
-
-
income
24 087
19 855
-
-
total
24 087
19 855
-
-
Dividends
168 607
138 977
-
-
withholding
28 663
23 626
-
-
total
28 663
23 626
-
-
Income
240 500
240 500
240 500
240 500
Total tax
69 282
65 283
81 580
79 656
After tax
171 218
175 217
158 920
160 844
Living cost
31 274
31 274
31 274
31 274
Free-cash
139 944
143 943
127 646
129 570

Estimated living cost  is ₽31274 per week

₽21379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2443
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121627
₽117166
₽148814
₽117536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 835
income
-
-
-
29 401
pensions
-
-
-
24 050
unemployment
-
-
-
3 608
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.

25 684
10 222
201 255
-
income
3 140
1 250
24 603
-
pensions
2 568
1 022
20 126
-
health
1 798
716
14 088
-
unemployment
385
153
3 019
-
total
7 891
3 141
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.

25 684
10 222
201 255
-
pensions
5 008
1 993
39 245
-
total
5 008
1 993
39 245
-
Corporate
209 808
228 285
-
-
income
18 883
20 546
-
-
total
18 883
20 546
-
-
Dividends
190 925
207 739
-
-
social contributions
37 114
40 392
-
-
withholding
36 276
39 470
-
-
total
73 390
79 862
-
-
Income
240 500
240 500
240 500
240 500
Total tax
105 172
105 542
101 081
73 894
After tax
135 328
134 958
139 419
166 606
Living cost
17 792
17 792
17 792
17 792
Free-cash
117 536
117 166
121 627
148 814

Estimated living cost  is ₽17792 per week

₽12142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽356
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115333
₽169110
₽105618
₽163122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 265
income
-
-
-
32 227
pensions
-
-
-
48 101
total
-
-
-
111 593
Employee
27 353
-
179 745
-
income
3 079
-
34 654
-
pensions
547
-
3 595
-
unemployment
437
-
2 876
-
total
4 063
-
41 125
-
Employer
27 353
-
179 745
-
unemployment
220
-
1 438
-
health
3 555
-
23 366
-
pensions
5 471
-
35 949
-
total
9 246
-
60 753
-
Corporate
203 901
240 500
-
-
income
40 780
48 101
-
-
total
40 780
48 101
-
-
Dividends
163 122
192 399
-
-
total
-
-
-
-
Income
240 500
240 500
240 500
240 500
Total tax
54 089
48 101
101 878
111 593
After tax
186 411
192 399
138 622
128 907
Living cost
23 289
23 289
23 289
23 289
Free-cash
163 122
169 110
115 333
105 618

Estimated living cost  is ₽23289 per week

₽15974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1387
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.
₽5460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111601
-₽1969
₽142709
₽16190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
other
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
69 551
pensions
-
-
-
4 057
total
-
-
-
76 341
Employee
33 742
-
220 666
-
income
4 629
-
54 911
-
pensions
3 799
-
7 439
-
health
3 864
-
25 266
-
total
12 292
-
87 616
-
Employer
33 742
-
220 666
-
unemployment
827
-
5 406
-
accident
563
-
3 685
-
pensions
5 487
-
10 742
-
total
6 877
-
19 833
-
Corporate
199 881
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.

179 893
216 450
-
-
total
179 893
216 450
-
-
Dividends
19 988
24 050
-
-
withholding
3 798
4 569
-
-
total
3 798
4 569
-
-
Income
240 500
240 500
240 500
240 500
Total tax
202 860
221 019
107 449
76 341
After tax
37 640
19 481
133 051
164 159
Living cost
21 450
21 450
21 450
21 450
Free-cash
16 190
-1 969
111 601
142 709

Estimated living cost  is ₽21450 per week

₽15721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽184505
₽220580
₽230200
₽219099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
7 895
7 895
7 895
7 895
Free-cash
219 099
220 580
184 505
230 200

Estimated living cost  is ₽7895 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
₽120375
₽151003
₽122308
₽144495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
other
-
-
-
6 964
health
-
-
-
6 452
income
-
-
-
43 894
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.

-
-
-
35 190
total
-
-
-
92 500
Employee
35 009
-
203 100
-
income
6 027
-
43 250
-
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.

2 450
-
10 263
-
health
490
-
2 053
-
unemployment
349
-
1 466
-
total
9 316
-
57 032
-
Employer
35 009
-
203 100
-
other
1 751
-
7 330
-
unemployment
349
-
1 466
-
health
490
-
2 053
-
accident
280
-
1 625
-
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.

5 952
-
24 927
-
total
8 822
-
37 401
-
Corporate
196 668
240 500
-
-
income
41 299
50 505
-
-
total
41 299
50 505
-
-
Dividends
155 368
189 995
-
-
withholding
10 876
13 300
-
-
total
10 876
13 300
-
-
Income
240 500
240 500
240 500
240 500
Total tax
70 313
63 805
94 433
92 500
After tax
170 187
176 695
146 067
148 000
Living cost
25 692
25 692
25 692
25 692
Free-cash
144 495
151 003
120 375
122 308

Estimated living cost  is ₽25692 per week

₽18153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5390
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68492
₽85480
₽89864
₽93218
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
income
-
-
-
76 300
pensions
-
-
-
10 070
total
-
-
-
86 370
Employee
90 927
-
209 431
-
income
16 391
-
62 049
-
health
1 498
-
2 760
-
pensions
8 772
-
11 866
-
total
26 661
-
76 675
-
Employer
90 927
-
209 431
-
health
1 727
-
3 979
-
pensions
10 736
-
27 088
-
total
12 463
-
31 067
-
Corporate
137 110
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.

26 051
45 695
-
-
total
26 051
45 695
-
-
Dividends
111 059
194 805
-
-
withholding
17 841
45 059
-
-
total
17 841
45 059
-
-
Income
240 500
240 500
240 500
240 500
Total tax
83 016
90 754
107 742
86 370
After tax
157 484
149 746
132 758
154 130
Living cost
64 266
64 266
64 266
64 266
Free-cash
93 218
85 480
68 492
89 864

Estimated living cost  is ₽64266 per week

₽48156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽193333
₽193172
₽183110
₽188758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 816
income
-
-
-
36 075
pensions

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

-
-
-
4 911
unemployment
-
-
-
133
total
-
-
-
44 935
Employee
16 492
-
233 990
-
income
1 649
-
23 399
-
accident

We are using the highest rate at 1.1%.

182
-
365
-
pensions

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

1 448
-
2 913
-
health
759
-
1 526
-
total
4 038
-
28 203
-
Employer
16 492
-
233 990
-
unemployment
99
-
199
-
health
1 138
-
2 289
-
accident

We are using the highest rate at 1.1%.

182
-
365
-
pensions

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

1 818
-
3 656
-
total
3 237
-
6 509
-
Corporate
220 772
240 500
-
-
income
22 077
24 050
-
-
total
22 077
24 050
-
-
Dividends
198 695
216 450
-
-
withholding
9 935
10 823
-
-
total
9 935
10 823
-
-
Income
240 500
240 500
240 500
240 500
Total tax
39 287
34 873
34 712
44 935
After tax
201 213
205 627
205 788
195 565
Living cost
12 455
12 455
12 455
12 455
Free-cash
188 758
193 172
193 333
183 110

Estimated living cost  is ₽12455 per week

₽7271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽100303
₽66657
₽74393
₽69083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 890
income
-
-
-
89 454
pensions
-
-
-
11 297
total
-
-
-
112 641
Employee
89 394
82 339
222 581
-
income

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

13 478
13 478
45 626
-
pensions
11 297
11 297
11 297
-
health
11 152
10 750
11 890
-
total
35 927
35 525
68 813
-
Employer
89 394
82 339
222 581
-
unemployment
3 219
2 964
3 683
-
health
6 212
5 723
7 112
-
pensions
6 221
5 731
7 123
-
total
15 652
14 418
17 918
-
Corporate
135 455
143 743
-
-
income
27 091
28 749
-
-
total
27 091
28 749
-
-
Dividends
108 363
114 994
-
-
income
23 027
24 436
-
-
withholding
16 254
17 249
-
-
total
39 281
41 685
-
-
Income
240 500
240 500
240 500
240 500
Total tax
117 951
120 377
86 731
112 641
After tax
122 549
120 123
153 769
127 859
Living cost
53 466
53 466
53 466
53 466
Free-cash
69 083
66 657
100 303
74 393

Estimated living cost  is ₽53466 per week

₽39440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109136
₽141757
₽119913
₽133256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 287
health
-
-
-
32 468
income
-
-
-
26 062
solidarity contribution
-
-
-
3 943
total
-
-
-
96 760
Employee
35 040
-
193 711
-
social contributions
2 278
-
7 632
-
solidarity contribution
-
-
2 976
-
income
4 205
-
23 989
-
health
4 730
-
26 151
-
total
11 213
-
60 748
-
Employer
35 040
-
193 711
-
health
3 154
-
17 434
-
social contributions
8 760
-
29 355
-
total
11 914
-
46 789
-
Corporate
193 546
240 500
-
-
income
36 774
45 695
-
-
total
36 774
45 695
-
-
Dividends
156 772
194 805
-
-
withholding
23 516
29 221
-
-
total
23 516
29 221
-
-
Income
240 500
240 500
240 500
240 500
Total tax
83 417
74 916
107 537
96 760
After tax
157 083
165 584
132 963
143 740
Living cost
23 827
23 827
23 827
23 827
Free-cash
133 256
141 757
109 136
119 913

Estimated living cost  is ₽23827 per week

₽16551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
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.
₽5113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68525
₽87630
₽76697
₽82597
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 258
national
-
-
-
70 167
regional
-
-
-
3 153
municipal
-
-
-
1 539
total
-
-
-
123 117
Employee
85 692
-
240 500
-
social contributions
28 895
-
63 267
-
municipal
454
-
1 418
-
national
14 848
-
63 712
-
regional
809
-
2 892
-
total
45 006
-
131 289
-
Employer
85 692
-
240 500
-
total
-
-
-
-
Corporate
154 808
240 500
-
-
nationa
37 153
57 720
-
-
municipal
6 038
9 379
-
-
total
43 191
67 099
-
-
Dividends
111 616
173 401
-
-
withholding
29 020
45 085
-
-
total
29 020
45 085
-
-
Income
240 500
240 500
240 500
240 500
Total tax
117 217
112 184
131 289
123 117
After tax
123 283
128 316
109 211
117 383
Living cost
40 686
40 686
40 686
40 686
Free-cash
82 597
87 630
68 525
76 697

Estimated living cost  is ₽40686 per week

₽28361
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.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85702
₽129997
₽91598
₽126996
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
other
-
-
-
-
health
-
-
-
9 136
income
-
-
-
78 893
pensions
-
-
-
25 737
surtax
-
-
-
13 639
unemployment
-
-
-
220
total
-
-
-
127 625
Employee
31 886
-
213 412
-
surtax
104
-
12 486
-
income
5 345
-
73 126
-
other
-
-
-
-
pensions
2 126
-
8 583
-
health
814
-
3 281
-
unemployment
2 219
-
8 957
-
total
10 608
-
106 433
-
Employer
31 886
-
213 412
-
other
-
-
-
-
unemployment
1 010
-
4 079
-
health
1 451
-
5 855
-
pensions
4 251
-
17 154
-
total
6 712
-
27 088
-
Corporate
201 903
240 500
-
-
income
52 496
62 530
-
-
total
52 496
62 530
-
-
Dividends
149 407
177 970
-
-
withholding
22 411
26 696
-
-
total
22 411
26 696
-
-
Income
240 500
240 500
240 500
240 500
Total tax
92 227
89 226
133 521
127 625
After tax
148 273
151 274
106 979
112 875
Living cost
21 277
21 277
21 277
21 277
Free-cash
126 996
129 997
85 702
91 598

Estimated living cost  is ₽21277 per week

₽13010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88853
₽105841
₽110225
₽112190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
income
-
-
-
76 300
pensions
-
-
-
10 070
total
-
-
-
86 370
Employee
60 937
-
209 431
-
income
10 975
-
62 049
-
health
885
-
2 760
-
pensions
5 172
-
11 866
-
total
17 032
-
76 675
-
Employer
60 937
-
209 431
-
health
1 158
-
3 979
-
pensions
6 596
-
27 088
-
total
7 754
-
31 067
-
Corporate
171 809
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.

32 644
45 695
-
-
total
32 644
45 695
-
-
Dividends
139 166
194 805
-
-
withholding
26 975
45 059
-
-
total
26 975
45 059
-
-
Income
240 500
240 500
240 500
240 500
Total tax
84 405
90 754
107 742
86 370
After tax
156 095
149 746
132 758
154 130
Living cost
43 905
43 905
43 905
43 905
Free-cash
112 190
105 841
88 853
110 225

Estimated living cost  is ₽43905 per week

₽32893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3291
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.
₽7261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽103837
₽31973
₽112000
₽65347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
other

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

-
-
-
4 810
health
-
-
-
541
pensions
-
-
-
22 127
city
-
-
-
2 534
national
-
-
-
6 715
regional
-
-
-
13 771
total
-
-
-
50 498
Employee
91 283
-
216 742
-
national
432
-
5 559
-
city
980
-
2 348
-
pensions
7 669
-
16 552
-
health
206
-
487
-
regional
2 989
-
12 341
-
unemployment
-
-
-
-
total
12 276
-
37 287
-
Employer
91 283
-
216 742
-
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.

1 825
-
4 335
-
unemployment
-
-
-
-
health
206
-
487
-
pensions
7 669
-
16 552
-
total
9 700
-
21 374
-
Corporate
138 513
240 500
-
-
regional
29 295
50 866
-
-
national
11 774
20 443
-
-
total
41 069
71 309
-
-
Dividends
97 444
169 192
-
-
withholding
34 106
59 216
-
-
total
34 106
59 216
-
-
Income
240 500
240 500
240 500
240 500
Total tax
97 151
130 525
58 661
50 498
After tax
143 349
109 975
181 839
190 002
Living cost
78 002
78 002
78 002
78 002
Free-cash
65 347
31 973
103 837
112 000

Estimated living cost  is ₽78002 per week

₽50724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽958
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽103047
₽74538
₽69489
₽90176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
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.

-
-
-
82 176
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.

-
-
-
4 519
trade
-
-
-
33 558
total
-
-
-
126 840
Employee

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

57 947
-
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.

375
-
4 519
-
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.

6 814
-
82 176
-
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.

6 587
-
6 587
-
total
13 776
-
93 282
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 553
240 500
-
-
chamber of commerce
403
485
-
-
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.

1 506
1 983
-
-
trade
31 307
41 246
-
-
income
27 382
36 075
-
-
total
60 598
79 789
-
-
Dividends
121 955
160 710
-
-
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.

1 656
2 190
-
-
withholding
30 123
39 812
-
-
total
31 779
42 002
-
-
Income
240 500
240 500
240 500
240 500
Total tax
106 153
121 791
93 282
126 840
After tax
134 347
118 709
147 218
113 660
Living cost
44 171
44 171
44 171
44 171
Free-cash
90 176
74 538
103 047
69 489

Estimated living cost  is ₽44171 per week

₽32260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88028
₽88224
₽96572
₽93918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
other
-
-
-
7 456
social contributions
-
-
-
6 852
health
-
-
-
12 375
income
-
-
-
48 107
pensions
-
-
-
36 149
surtax
-
-
-
-
total
-
-
-
110 939
Employee
41 266
-
182 414
-
surtax
-
-
-
-
social contributions
1 177
-
5 198
-
income
2 435
-
41 972
-
pensions
4 666
-
14 226
-
total
8 278
-
61 396
-
Employer
41 266
-
182 414
-
other
1 424
-
7 774
-
unemployment
1 671
-
7 389
-
health
2 889
-
18 703
-
pensions
6 779
-
23 674
-
social contributions
124
-
547
-
total
12 887
-
58 087
-
Corporate
186 347
240 500
-
-
surtax
-
-
-
-
income
52 177
67 340
-
-
total
52 177
67 340
-
-
Dividends
134 169
173 160
-
-
social contributions
23 077
29 783
-
-
surtax
-
-
-
-
withholding
17 174
22 164
-
-
total
40 251
51 947
-
-
Income
240 500
240 500
240 500
240 500
Total tax
113 593
119 287
119 483
110 939
After tax
126 907
121 213
121 017
129 561
Living cost
32 989
32 989
32 989
32 989
Free-cash
93 918
88 224
88 028
96 572

Estimated living cost  is ₽32989 per week

₽20801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
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.
₽8946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91297
₽91493
₽99841
₽96849
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
other
-
-
-
7 456
social contributions
-
-
-
6 852
health
-
-
-
12 375
income
-
-
-
48 107
pensions
-
-
-
36 149
surtax
-
-
-
-
total
-
-
-
110 939
Employee
36 836
-
182 414
-
surtax
-
-
-
-
social contributions
1 050
-
5 198
-
income
1 899
-
41 972
-
pensions
4 166
-
14 226
-
total
7 115
-
61 396
-
Employer
36 836
-
182 414
-
other
1 272
-
7 774
-
unemployment
1 491
-
7 389
-
health
2 578
-
18 703
-
pensions
6 053
-
23 674
-
social contributions
110
-
547
-
total
11 504
-
58 087
-
Corporate
192 160
240 500
-
-
surtax
-
-
-
-
income
53 806
67 340
-
-
total
53 806
67 340
-
-
Dividends
138 355
173 160
-
-
social contributions
23 796
29 783
-
-
surtax
-
-
-
-
withholding
17 710
22 164
-
-
total
41 506
51 947
-
-
Income
240 500
240 500
240 500
240 500
Total tax
113 931
119 287
119 483
110 939
After tax
126 569
121 213
121 017
129 561
Living cost
29 720
29 720
29 720
29 720
Free-cash
96 849
91 493
91 297
99 841

Estimated living cost  is ₽29720 per week

₽17236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126967
₽126280
₽134003
₽126780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 190
health
-
-
-
16 786
income
-
-
-
36 075
total
-
-
-
86 051
Employee
32 692
-
240 500
-
social contributions
4 512
-
33 190
-
income
5 453
-
43 111
-
health
2 282
-
16 786
-
total
12 247
-
93 087
-
Employer
32 692
-
240 500
-
total
-
-
-
-
Corporate
207 808
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%.

10 391
12 025
-
-
total
10 391
12 025
-
-
Dividends
197 417
228 475
-
-
social contributions
27 243
31 530
-
-
withholding
29 613
34 271
-
-
health
13 780
15 948
-
-
total
70 636
81 749
-
-
Income
240 500
240 500
240 500
240 500
Total tax
93 274
93 774
93 087
86 051
After tax
147 226
146 726
147 413
154 449
Living cost
20 446
20 446
20 446
20 446
Free-cash
126 780
126 280
126 967
134 003

Estimated living cost  is ₽20446 per week

₽13683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28500
₽98417
₽88847
₽96926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 616
income
-
-
-
81 157
chamber of commerce
-
-
-
962
pensions
-
-
-
20 839
surtax
-
-
-
190
unemployment
-
-
-
5 914
total
-
-
-
117 678
Employee
48 186
38 425
201 413
-
income
5 486
2 834
69 099
-
other
481
384
1 127
-
pensions
4 935
3 934
11 535
-
health
1 865
1 488
4 358
-
unemployment
1 446
1 153
3 380
-
total
14 213
9 793
89 499
-
Employer
48 186
38 425
201 413
-
other
2 289
1 824
8 812
-
unemployment
1 446
1 153
3 380
-
health
1 821
1 453
4 258
-
surtax
190
190
190
-
accident
626
500
1 464
-
pensions
6 047
4 823
14 137
-
payroll
1 446
1 153
6 042
-
chamber of commerce
192
154
805
-
total
14 057
11 250
39 088
-
Corporate
178 257
190 826
197 753
-
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.

44 564
47 707
49 438
-
total
44 564
47 707
49 438
-
Dividends
133 694
143 119
-
-
withholding
36 765
39 358
-
-
total
36 765
39 358
-
-
Income
240 500
240 500
240 500
240 500
Total tax
109 599
108 108
178 025
117 678
After tax
130 901
132 392
62 475
122 822
Living cost
33 975
33 975
33 975
33 975
Free-cash
96 926
98 417
28 500
88 847

Estimated living cost  is ₽33975 per week

₽22660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45574
₽95506
₽69567
₽84741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 039
communal

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

-
-
-
12 988
national
-
-
-
98 750
total
-
-
-
135 777
Employee

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

68 970
-
186 277
-
national
21 204
-
71 485
-
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.

5 173
-
13 970
-
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.

3 240
-
8 755
-
communal

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

3 597
-
9 716
-
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.

600
-
1 621
-
total
33 814
-
105 547
-
Employer

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

68 970
-
186 277
-
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.

1 006
-
2 719
-
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.

4 241
-
11 456
-
surtax
7 820
-
21 123
-
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.

897
-
2 421
-
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.

6 111
-
16 504
-
total
20 075
-
54 223
-
Corporate
151 454
240 500
-
-
surtax
606
1 065
-
-
income
30 292
53 277
-
-
total
30 898
54 342
-
-
Dividends
120 557
186 158
-
-
withholding

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

35 816
55 496
-
-
total
35 816
55 496
-
-
Income
240 500
240 500
240 500
240 500
Total tax
120 603
109 838
159 770
135 777
After tax
119 897
130 662
80 730
104 723
Living cost
35 156
35 156
35 156
35 156
Free-cash
84 741
95 506
45 574
69 567

Estimated living cost  is ₽35156 per week

₽22645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
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.
₽8887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95311
₽124636
₽99356
₽118029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
other
-
-
-
90
accident
-
-
-
805
income
-
-
-
79 511
pensions
-
-
-
25 291
unemployment
-
-
-
626
total
-
-
-
106 323
Employee
47 996
-
212 009
-
income
10 127
-
76 201
-
other
48
-
90
-
pensions
2 256
-
4 201
-
unemployment
745
-
1 385
-
total
13 176
-
81 877
-
Employer
47 996
-
212 009
-
other
382
-
715
-
unemployment
2 640
-
4 915
-
accident
950
-
1 769
-
pensions
11 326
-
21 092
-
total
15 298
-
28 491
-
Corporate
177 206
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.

26 581
36 075
-
-
total
26 581
36 075
-
-
Dividends
150 625
204 425
-
-
withholding
32 595
44 968
-
-
total
32 595
44 968
-
-
Income
240 500
240 500
240 500
240 500
Total tax
87 650
81 043
110 368
106 323
After tax
152 850
159 457
130 132
134 177
Living cost
34 821
34 821
34 821
34 821
Free-cash
118 029
124 636
95 311
99 356

Estimated living cost  is ₽34821 per week

₽25642
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2470
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.
₽6207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68131
₽81730
₽60053
₽68466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 065
accident
-
-
-
1 929
income
-
-
-
48 466
pensions
-
-
-
34 275
communal
-
-
-
15 200
surtax
-
-
-
12 113
total
-
-
-
128 048
Employee
73 018
-
214 827
-
surtax
4 476
-
13 165
-
income
7 053
-
54 385
-
pensions
5 841
-
17 187
-
health
3 250
-
9 560
-
total
20 620
-
94 297
-
Employer
73 018
-
214 827
-
health
2 227
-
6 552
-
accident
657
-
1 934
-
pensions
5 841
-
17 187
-
total
8 725
-
25 673
-
Corporate
158 758
240 500
-
-
surtax
1 667
2 525
-
-
income
23 814
36 075
-
-
communal
10 717
16 234
-
-
total
36 198
54 834
-
-
Dividends
122 560
185 666
-
-
income
35 708
23 686
-
-
withholding
18 384
27 851
-
-
total
54 092
51 537
-
-
Income
240 500
240 500
240 500
240 500
Total tax
119 635
106 371
119 970
128 048
After tax
120 865
134 129
120 530
112 452
Living cost
52 399
52 399
52 399
52 399
Free-cash
68 466
81 730
68 131
60 053

Estimated living cost  is ₽52399 per week

₽39307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85322
₽129617
₽91218
₽126550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
other
-
-
-
-
health
-
-
-
9 136
income
-
-
-
78 893
pensions
-
-
-
25 737
surtax
-
-
-
13 639
unemployment
-
-
-
220
total
-
-
-
127 625
Employee
32 471
-
213 412
-
surtax
115
-
12 486
-
income
5 444
-
73 126
-
other
-
-
-
-
pensions
2 166
-
8 583
-
health
829
-
3 281
-
unemployment
2 260
-
8 957
-
total
10 814
-
106 433
-
Employer
32 471
-
213 412
-
other
-
-
-
-
unemployment
1 030
-
4 079
-
health
1 477
-
5 855
-
pensions
4 329
-
17 154
-
total
6 836
-
27 088
-
Corporate
201 193
240 500
-
-
income
52 311
62 530
-
-
total
52 311
62 530
-
-
Dividends
148 882
177 970
-
-
withholding
22 332
26 696
-
-
total
22 332
26 696
-
-
Income
240 500
240 500
240 500
240 500
Total tax
92 293
89 226
133 521
127 625
After tax
148 207
151 274
106 979
112 875
Living cost
21 657
21 657
21 657
21 657
Free-cash
126 550
129 617
85 322
91 218

Estimated living cost  is ₽21657 per week

₽13075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82532
₽100440
₽90661
₽98297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 258
national
-
-
-
70 167
regional
-
-
-
3 902
municipal
-
-
-
1 539
total
-
-
-
123 866
Employee
53 486
-
240 500
-
social contributions
18 036
-
63 267
-
municipal
284
-
1 418
-
national
8 474
-
63 712
-
regional
720
-
3 598
-
total
27 514
-
131 995
-
Employer
53 486
-
240 500
-
total
-
-
-
-
Corporate
187 014
240 500
-
-
nationa
44 884
57 720
-
-
municipal
9 295
11 952
-
-
total
54 179
69 672
-
-
Dividends
132 835
170 828
-
-
withholding
34 537
44 415
-
-
total
34 537
44 415
-
-
Income
240 500
240 500
240 500
240 500
Total tax
116 230
114 087
131 995
123 866
After tax
124 270
126 413
108 505
116 634
Living cost
25 973
25 973
25 973
25 973
Free-cash
98 297
100 440
82 532
90 661

Estimated living cost  is ₽25973 per week

₽16153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6744
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103601
₽136222
₽114378
₽125747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 287
health
-
-
-
32 468
income
-
-
-
26 062
solidarity contribution
-
-
-
3 943
total
-
-
-
96 760
Employee
43 179
-
193 711
-
social contributions
2 807
-
7 632
-
solidarity contribution
-
-
2 976
-
income
5 181
-
23 989
-
health
5 829
-
26 151
-
total
13 817
-
60 748
-
Employer
43 179
-
193 711
-
health
3 886
-
17 434
-
social contributions
10 795
-
29 355
-
total
14 681
-
46 789
-
Corporate
182 641
240 500
-
-
income
34 702
45 695
-
-
total
34 702
45 695
-
-
Dividends
147 939
194 805
-
-
withholding
22 191
29 221
-
-
total
22 191
29 221
-
-
Income
240 500
240 500
240 500
240 500
Total tax
85 391
74 916
107 537
96 760
After tax
155 109
165 584
132 963
143 740
Living cost
29 362
29 362
29 362
29 362
Free-cash
125 747
136 222
103 601
114 378

Estimated living cost  is ₽29362 per week

₽21835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31758
₽101735
₽92251
₽101260
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 616
income
-
-
-
81 157
chamber of commerce
-
-
-
962
pensions
-
-
-
20 839
surtax
-
-
-
-
unemployment
-
-
-
5 914
total
-
-
-
117 488
Employee
42 148
38 425
201 588
-
income
3 755
2 834
69 187
-
other
421
384
1 127
-
pensions
4 316
3 934
11 535
-
health
1 630
1 488
4 358
-
unemployment
1 264
1 153
3 380
-
total
11 386
9 793
89 587
-
Employer
42 148
38 425
201 588
-
other
2 002
1 824
8 819
-
unemployment
1 264
1 153
3 380
-
health
1 594
1 453
4 258
-
surtax
-
-
-
-
accident
547
500
1 464
-
pensions
5 290
4 823
14 137
-
payroll
1 264
1 153
6 047
-
chamber of commerce
168
154
807
-
total
12 129
11 060
38 912
-
Corporate
186 223
191 016
197 929
-
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.

46 556
47 755
49 482
-
total
46 556
47 755
49 482
-
Dividends
139 666
143 261
-
-
withholding
38 408
39 396
-
-
total
38 408
39 396
-
-
Income
240 500
240 500
240 500
240 500
Total tax
108 479
108 004
177 981
117 488
After tax
132 021
132 496
62 519
123 012
Living cost
30 761
30 761
30 761
30 761
Free-cash
101 260
101 735
31 758
92 251

Estimated living cost  is ₽30761 per week

₽18453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽180097
₽216172
₽225792
₽213865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 379
-
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%.

225 121
240 500
-
-
total
-
-
-
-
Dividends
225 121
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
12 303
12 303
12 303
12 303
Free-cash
213 865
216 172
180 097
225 792

Estimated living cost  is ₽12303 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
₽78084
₽139723
₽83306
₽131656
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
23 664
income
-
-
-
63 387
pensions
-
-
-
43 921
unemployment
-
-
-
360
total
-
-
-
131 332
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.

42 637
-
208 099
-
income
7 353
-
58 165
-
pensions
6 609
-
32 255
-
health
2 754
-
13 443
-
unemployment
60
-
291
-
total
16 776
-
104 154
-
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.

42 637
-
208 099
-
unemployment
26
-
124
-
health
2 840
-
13 860
-
pensions
3 773
-
18 416
-
total
6 639
-
32 400
-
Corporate
191 224
240 500
-
-
income
36 333
45 694
-
-
total
36 333
45 694
-
-
Dividends
154 891
194 806
-
-
withholding
23 234
29 221
-
-
total
23 234
29 221
-
-
Income
240 500
240 500
240 500
240 500
Total tax
82 982
74 915
136 554
131 332
After tax
157 518
165 585
103 946
109 168
Living cost
25 862
25 862
25 862
25 862
Free-cash
131 656
139 723
78 084
83 306

Estimated living cost  is ₽25862 per week

₽17749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
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.
₽5956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽184031
₽103045
₽122930
₽55340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 050
-
-
-
social contributions
5 088
-
725
-
income
13 687
-
-
-
total
18 775
-
725
-
Employer
62 050
-
-
-
social contributions
87 490
-
12 469
-
total
87 490
-
12 469
-
Corporate
90 960
240 500
-
-
income
20 011
52 910
-
-
total
20 011
52 910
-
-
Dividends
70 949
187 590
-
-
income
15 609
41 270
-
-
total
15 609
41 270
-
-
Income
240 500
240 500
240 500
240 500
Total tax
141 885
94 180
13 194
74 295
After tax
98 615
146 320
227 306
166 205
Living cost
43 275
43 275
43 275
43 275
Free-cash
55 340
103 045
184 031
122 930

Estimated living cost  is ₽43275 per week

₽28078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4070
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.
₽10575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74361
₽106553
₽94020
₽105581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
83 574
income
-
-
-
32 662
surtax
-
-
-
-
total
-
-
-
116 236
Employee
44 346
-
194 343
-
surtax
-
-
664
-
social contributions
4 878
-
21 377
-
income
9 224
-
67 698
-
total
14 102
-
89 739
-
Employer
44 346
-
194 343
-
social contributions
10 532
-
46 156
-
total
10 532
-
46 156
-
Corporate
185 622
240 500
-
-
surtax
-
-
-
-
income
38 981
50 505
-
-
total
38 981
50 505
-
-
Dividends
146 641
189 995
-
-
withholding
41 060
53 198
-
-
total
41 060
53 198
-
-
Income
240 500
240 500
240 500
240 500
Total tax
104 675
103 703
135 895
116 236
After tax
135 825
136 797
104 605
124 264
Living cost
30 244
30 244
30 244
30 244
Free-cash
105 581
106 553
74 361
94 020

Estimated living cost  is ₽30244 per week

₽22629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5326
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74447
₽74643
₽82991
₽81270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
other
-
-
-
7 456
social contributions
-
-
-
6 852
health
-
-
-
12 375
income
-
-
-
48 107
pensions
-
-
-
36 149
surtax
-
-
-
-
total
-
-
-
110 939
Employee
60 390
-
182 414
-
surtax
-
-
-
-
social contributions
1 720
-
5 198
-
income
5 269
-
41 972
-
pensions
6 830
-
14 226
-
total
13 819
-
61 396
-
Employer
60 390
-
182 414
-
other
2 084
-
7 774
-
unemployment
2 446
-
7 389
-
health
4 227
-
18 703
-
pensions
9 923
-
23 674
-
social contributions
181
-
547
-
total
18 861
-
58 087
-
Corporate
161 249
240 500
-
-
surtax
-
-
-
-
income
45 149
67 340
-
-
total
45 149
67 340
-
-
Dividends
116 100
173 160
-
-
social contributions
19 970
29 783
-
-
surtax
-
-
-
-
withholding
14 861
22 164
-
-
total
34 831
51 947
-
-
Income
240 500
240 500
240 500
240 500
Total tax
112 660
119 287
119 483
110 939
After tax
127 840
121 213
121 017
129 561
Living cost
46 570
46 570
46 570
46 570
Free-cash
81 270
74 643
74 447
82 991

Estimated living cost  is ₽46570 per week

₽31518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3810
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.
₽10603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152094
₽187467
₽145703
₽184228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
income
-
-
-
12 903
social contributions
-
-
-
52 911
total
-
-
-
65 814
Employee
30 998
-
208 225
-
income
-
-
13 613
-
social contributions
2 015
-
13 535
-
total
2 015
-
27 148
-
Employer
30 998
-
208 225
-
social contributions
4 805
-
32 275
-
total
4 805
-
32 275
-
Corporate
204 697
240 500
-
-
income
20 469
24 050
-
-
total
20 469
24 050
-
-
Dividends
184 228
216 450
-
-
total
-
-
-
-
Income
240 500
240 500
240 500
240 500
Total tax
27 289
24 050
59 423
65 814
After tax
213 211
216 450
181 077
174 686
Living cost
28 984
28 984
28 984
28 984
Free-cash
184 228
187 467
152 094
145 703

Estimated living cost  is ₽28984 per week

₽18740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30722
₽30722
₽91375
₽15883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
labour market
-
-
-
19 173
pensions
-
-
-
835
national
-
-
-
30 544
municipal
-
-
-
52 203
total
-
-
-
102 755
Employee
195 717
195 717
195 717
-
labour market
15 635
15 635
15 635
-
municipal
41 677
41 677
41 677
-
national
23 910
23 910
23 910
-
pensions
278
278
278
-
total
81 500
81 500
81 500
-
Employer
195 717
195 717
195 717
-
national
23 952
23 952
23 952
-
labour market
15 657
15 657
15 657
-
pensions
556
556
556
-
municipal
41 743
41 743
41 743
-
total
81 908
81 908
81 908
-
Corporate
30 720
-
-
-
income
6 759
-
-
-
total
6 759
-
-
-
Dividends
23 962
-
-
-
withholding
8 080
-
-
-
total
8 080
-
-
-
Income
240 500
240 500
240 500
240 500
Total tax
178 247
163 408
163 408
102 755
After tax
62 253
77 092
77 092
137 745
Living cost
46 370
46 370
46 370
46 370
Free-cash
15 883
30 722
30 722
91 375

Estimated living cost  is ₽46370 per week

₽31736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽713
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111917
-₽1653
₽143025
₽16237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
other
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
69 551
pensions
-
-
-
4 057
total
-
-
-
76 341
Employee
33 245
-
220 666
-
income
4 561
-
54 911
-
pensions
3 744
-
7 439
-
health
3 807
-
25 266
-
total
12 112
-
87 616
-
Employer
33 245
-
220 666
-
unemployment
815
-
5 406
-
accident
555
-
3 685
-
pensions
5 406
-
10 742
-
total
6 776
-
19 833
-
Corporate
200 480
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.

180 432
216 450
-
-
total
180 432
216 450
-
-
Dividends
20 048
24 050
-
-
withholding
3 809
4 569
-
-
total
3 809
4 569
-
-
Income
240 500
240 500
240 500
240 500
Total tax
203 129
221 019
107 449
76 341
After tax
37 371
19 481
133 051
164 159
Living cost
21 134
21 134
21 134
21 134
Free-cash
16 237
-1 653
111 917
143 025

Estimated living cost  is ₽21134 per week

₽15383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80285
₽108790
₽107835
₽112274
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
240 500
health
-
-
-
3 301
national
-
-
-
49 651
municipal
-
-
-
42 695
total
-
-
-
95 647
Employee
50 729
-
202 322
-
municipal
8 309
-
32 925
-
national
838
-
32 687
-
pensions
3 423
-
13 657
-
health
379
-
2 714
-
unemployment
761
-
3 036
-
total
13 710
-
85 019
-
Employer
50 729
-
202 322
-
unemployment
329
-
1 316
-
health
390
-
1 557
-
accident
51
-
203
-
pensions
8 801
-
35 102
-
total
9 571
-
38 178
-
Corporate
180 200
240 500
-
-
income
36 041
48 101
-
-
total
36 041
48 101
-
-
Dividends

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

108 119
144 300
-
-
national
12 425
20 618
-
-
municipal
19 461
25 973
-
-
total
31 886
46 591
-
-
Income
240 500
240 500
240 500
240 500
Total tax
91 208
94 692
123 197
95 647
After tax
149 292
145 808
117 303
144 853
Living cost
37 018
37 018
37 018
37 018
Free-cash
112 274
108 790
80 285
107 835

Estimated living cost  is ₽37018 per week

₽24180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136596
₽152893
₽138520
₽147646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 600
health
-
-
-
6 133
income
-
-
-
57 923
total
-
-
-
79 656
Employee
74 142
74 142
227 983
-
social contributions
2 803
6 153
8 300
-
income
8 073
6 863
56 887
-
health
575
1 261
3 875
-
total
11 451
14 277
69 062
-
Employer
74 142
74 142
227 983
-
health
624
1 372
4 218
-
social contributions
2 803
6 153
8 300
-
total
3 427
7 525
12 518
-
Corporate
203 298
158 832
-
-
income
25 412
19 855
-
-
total
25 412
19 855
-
-
Dividends
177 887
138 977
-
-
withholding
30 240
23 626
-
-
total
30 240
23 626
-
-
Income
240 500
240 500
240 500
240 500
Total tax
70 530
65 283
81 580
79 656
After tax
169 970
175 217
158 920
160 844
Living cost
22 324
22 324
22 324
22 324
Free-cash
147 646
152 893
136 596
138 520

Estimated living cost  is ₽22324 per week

₽13379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171150
₽183850
₽190489
₽178945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 489
income
-
-
-
25 053
pensions
-
-
-
6 133
unemployment
-
-
-
27
total
-
-
-
34 702
Employee

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

22 132
-
231 077
-
income
1 513
-
22 662
-
pensions
3 319
-
13 723
-
health
1 881
-
7 776
-
unemployment
110
-
457
-
total
6 823
-
44 618
-
Employer

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

22 132
-
231 077
-
unemployment
110
-
457
-
health
951
-
3 934
-
pensions
1 217
-
5 032
-
total
2 278
-
9 423
-
Corporate
216 090
240 500
-
-
income
19 448
21 644
-
-
total
19 448
21 644
-
-
Dividends
196 642
218 856
-
-
withholding
17 697
19 697
-
-
total
17 697
19 697
-
-
Income
240 500
240 500
240 500
240 500
Total tax
46 246
41 341
54 041
34 702
After tax
194 254
199 159
186 459
205 798
Living cost
15 309
15 309
15 309
15 309
Free-cash
178 945
183 850
171 150
190 489

Estimated living cost  is ₽15309 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1103
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103618
₽132943
₽107663
₽128685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
other
-
-
-
90
accident
-
-
-
805
income
-
-
-
79 511
pensions
-
-
-
25 291
unemployment
-
-
-
626
total
-
-
-
106 323
Employee
35 652
-
212 009
-
income
6 873
-
76 201
-
other
35
-
90
-
pensions
1 676
-
4 201
-
unemployment
553
-
1 385
-
total
9 137
-
81 877
-
Employer
35 652
-
212 009
-
other
285
-
715
-
unemployment
1 961
-
4 915
-
accident
706
-
1 769
-
pensions
8 413
-
21 092
-
total
11 365
-
28 491
-
Corporate
193 481
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.

29 022
36 075
-
-
total
29 022
36 075
-
-
Dividends
164 460
204 425
-
-
withholding
35 777
44 968
-
-
total
35 777
44 968
-
-
Income
240 500
240 500
240 500
240 500
Total tax
85 301
81 043
110 368
106 323
After tax
155 199
159 457
130 132
134 177
Living cost
26 514
26 514
26 514
26 514
Free-cash
128 685
132 943
103 618
107 663

Estimated living cost  is ₽26514 per week

₽17897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153370
₽148291
₽153498
₽147998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
942
income
-
-
-
82 980
pensions
-
-
-
1 299
total
-
-
-
85 221
Employee
2 713
-
239 038
-
income
525
-
82 912
-
pensions
244
-
585
-
health
136
-
325
-
unemployment
27
-
65
-
total
932
-
83 887
-
Employer
2 713
-
239 038
-
unemployment
54
-
130
-
health
258
-
617
-
pensions
298
-
715
-
total
610
-
1 462
-
Corporate
237 177
240 500
-
-
income
52 179
52 910
-
-
total
52 179
52 910
-
-
Dividends
184 998
187 590
-
-
withholding
37 000
37 518
-
-
total
37 000
37 518
-
-
Income
240 500
240 500
240 500
240 500
Total tax
90 721
90 428
85 349
85 221
After tax
149 779
150 072
155 151
155 279
Living cost
1 781
1 781
1 781
1 781
Free-cash
147 998
148 291
153 370
153 498

Estimated living cost  is ₽1781 per week

₽1058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140904
₽157133
₽140903
₽152403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 319
income
-
-
-
56 109
pensions
-
-
-
18 475
unemployment
-
-
-
1 066
total
-
-
-
82 969
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.

25 074
-
227 781
-
income
3 456
-
56 109
-
pensions
3 510
-
9 948
-
health
1 291
-
3 659
-
unemployment
188
-
533
-
total
8 445
-
70 249
-
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.

25 074
-
227 781
-
unemployment
188
-
533
-
health
1 291
-
3 659
-
pensions
3 009
-
8 527
-
total
4 488
-
12 719
-
Corporate
210 938
240 500
-
-
income
31 641
36 075
-
-
total
31 641
36 075
-
-
Dividends
179 297
204 425
-
-
withholding
26 895
30 664
-
-
total
26 895
30 664
-
-
Income
240 500
240 500
240 500
240 500
Total tax
71 469
66 739
82 968
82 969
After tax
169 031
173 761
157 532
157 531
Living cost
16 628
16 628
16 628
16 628
Free-cash
152 403
157 133
140 904
140 903

Estimated living cost  is ₽16628 per week

₽11196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78611
₽110803
₽98270
₽110455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
83 574
income
-
-
-
32 662
surtax
-
-
-
-
total
-
-
-
116 236
Employee
37 423
-
194 343
-
surtax
-
-
664
-
social contributions
4 117
-
21 377
-
income
7 312
-
67 698
-
total
11 429
-
89 739
-
Employer
37 423
-
194 343
-
social contributions
8 887
-
46 156
-
total
8 887
-
46 156
-
Corporate
194 190
240 500
-
-
surtax
-
-
-
-
income
40 780
50 505
-
-
total
40 780
50 505
-
-
Dividends
153 410
189 995
-
-
withholding
42 955
53 198
-
-
total
42 955
53 198
-
-
Income
240 500
240 500
240 500
240 500
Total tax
104 051
103 703
135 895
116 236
After tax
136 449
136 797
104 605
124 264
Living cost
25 994
25 994
25 994
25 994
Free-cash
110 455
110 803
78 611
98 270

Estimated living cost  is ₽25994 per week

₽18411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽96246
₽125571
₽100291
₽119260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
other
-
-
-
90
accident
-
-
-
805
income
-
-
-
79 511
pensions
-
-
-
25 291
unemployment
-
-
-
626
total
-
-
-
106 323
Employee
46 567
-
212 009
-
income
9 726
-
76 201
-
other
46
-
90
-
pensions
2 188
-
4 201
-
unemployment
721
-
1 385
-
total
12 681
-
81 877
-
Employer
46 567
-
212 009
-
other
373
-
715
-
unemployment
2 562
-
4 915
-
accident
922
-
1 769
-
pensions
10 990
-
21 092
-
total
14 847
-
28 491
-
Corporate
179 087
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.

26 863
36 075
-
-
total
26 863
36 075
-
-
Dividends
152 224
204 425
-
-
withholding
32 963
44 968
-
-
total
32 963
44 968
-
-
Income
240 500
240 500
240 500
240 500
Total tax
87 354
81 043
110 368
106 323
After tax
153 146
159 457
130 132
134 177
Living cost
33 886
33 886
33 886
33 886
Free-cash
119 260
125 571
96 246
100 291

Estimated living cost  is ₽33886 per week

₽24336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽189447
₽189286
₽179224
₽183497
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 816
income
-
-
-
36 075
pensions

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

-
-
-
4 911
unemployment
-
-
-
133
total
-
-
-
44 935
Employee
21 638
-
233 990
-
income
2 164
-
23 399
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
pensions

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

1 900
-
2 913
-
health
995
-
1 526
-
total
5 297
-
28 203
-
Employer
21 638
-
233 990
-
unemployment
130
-
199
-
health
1 493
-
2 289
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
pensions

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

2 384
-
3 656
-
total
4 245
-
6 509
-
Corporate
214 617
240 500
-
-
income
21 462
24 050
-
-
total
21 462
24 050
-
-
Dividends
193 155
216 450
-
-
withholding
9 658
10 823
-
-
total
9 658
10 823
-
-
Income
240 500
240 500
240 500
240 500
Total tax
40 662
34 873
34 712
44 935
After tax
199 838
205 627
205 788
195 565
Living cost
16 341
16 341
16 341
16 341
Free-cash
183 497
189 286
189 447
179 224

Estimated living cost  is ₽16341 per week

₽10808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4208
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109993
₽86433
₽81914
₽99046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
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.

-
-
-
82 176
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.

-
-
-
4 519
trade
-
-
-
28 079
total
-
-
-
121 361
Employee

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

47 975
-
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.

218
-
4 519
-
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.

3 945
-
82 176
-
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.

6 587
-
6 587
-
total
10 750
-
93 282
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 525
240 500
-
-
chamber of commerce
428
500
-
-
surtax

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

1 588
1 983
-
-
trade
27 627
34 511
-
-
income
28 879
36 075
-
-
total
58 522
73 069
-
-
Dividends
134 002
167 431
-
-
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.

1 822
2 282
-
-
withholding
33 135
41 491
-
-
total
34 957
43 773
-
-
Income
240 500
240 500
240 500
240 500
Total tax
104 229
116 842
93 282
121 361
After tax
136 271
123 658
147 218
119 139
Living cost
37 225
37 225
37 225
37 225
Free-cash
99 046
86 433
109 993
81 914

Estimated living cost  is ₽37225 per week

₽25679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63551
₽113424
₽63551
₽115555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
income
-
-
-
80 262
social contributions
-
-
-
41 762
total
-
-
-
122 024
Employee
75 422
-
240 500
-
income
14 232
-
80 262
-
social contributions
6 266
-
41 762
-
total
20 498
-
122 024
-
Employer
75 422
-
240 500
-
total
-
-
-
-
Corporate
165 078
240 500
-
-
income
20 634
30 063
-
-
total
20 634
30 063
-
-
Dividends
144 444
210 437
-
-
withholding
28 888
42 088
-
-
total
28 888
42 088
-
-
Income
240 500
240 500
240 500
240 500
Total tax
70 020
72 151
122 024
122 024
After tax
170 480
168 349
118 476
118 476
Living cost
54 925
54 925
54 925
54 925
Free-cash
115 555
113 424
63 551
63 551

Estimated living cost  is ₽54925 per week

₽41786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8139
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131687
₽116231
₽163497
₽119599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
240 500
income
-
-
-
36 075
health

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

-
-
-
5 927
total
-
-
-
42 002
Employee
44 232
-
236 065
-
income
4 799
-
64 942
-
social contributions
4 432
-
4 435
-
total
9 231
-
69 377
-
Employer
44 232
-
236 065
-
social contributions
4 432
-
4 435
-
total
4 432
-
4 435
-
Corporate
191 836
240 500
-
-
income
67 143
84 174
-
-
total
67 143
84 174
-
-
Dividends
124 694
156 326
-
-
social contributions
5 094
5 094
-
-
total
5 094
5 094
-
-
Income
240 500
240 500
240 500
240 500
Total tax
85 900
89 268
73 812
42 002
After tax
154 600
151 232
166 688
198 498
Living cost
35 001
35 001
35 001
35 001
Free-cash
119 599
116 231
131 687
163 497

Estimated living cost  is ₽35001 per week

₽23055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97065
₽114053
₽118437
₽119745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
income
-
-
-
76 300
pensions
-
-
-
10 070
total
-
-
-
86 370
Employee
48 994
-
209 431
-
income
8 922
-
62 049
-
health
639
-
2 760
-
pensions
3 739
-
11 866
-
total
13 300
-
76 675
-
Employer
48 994
-
209 431
-
health
931
-
3 979
-
pensions
4 950
-
27 088
-
total
5 881
-
31 067
-
Corporate
185 625
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.

35 268
45 695
-
-
total
35 268
45 695
-
-
Dividends
150 357
194 805
-
-
withholding
30 613
45 059
-
-
total
30 613
45 059
-
-
Income
240 500
240 500
240 500
240 500
Total tax
85 062
90 754
107 742
86 370
After tax
155 438
149 746
132 758
154 130
Living cost
35 693
35 693
35 693
35 693
Free-cash
119 745
114 053
97 065
118 437

Estimated living cost  is ₽35693 per week

₽24485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽109825
-₽3745
₽140933
₽15919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
other
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
69 551
pensions
-
-
-
4 057
total
-
-
-
76 341
Employee
36 536
-
220 666
-
income
5 012
-
54 911
-
pensions
4 114
-
7 439
-
health
4 183
-
25 266
-
total
13 309
-
87 616
-
Employer
36 536
-
220 666
-
unemployment
895
-
5 406
-
accident
610
-
3 685
-
pensions
5 940
-
10 742
-
total
7 445
-
19 833
-
Corporate
196 518
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.

176 867
216 450
-
-
total
176 867
216 450
-
-
Dividends
19 652
24 050
-
-
withholding
3 734
4 569
-
-
total
3 734
4 569
-
-
Income
240 500
240 500
240 500
240 500
Total tax
201 355
221 019
107 449
76 341
After tax
39 145
19 481
133 051
164 159
Living cost
23 226
23 226
23 226
23 226
Free-cash
15 919
-3 745
109 825
140 933

Estimated living cost  is ₽23226 per week

₽17045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1353
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.
₽4359
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽165593
₽170975
₽144419
₽168062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
240 500
income
-
-
-
40 725
health insurance
-
-
-
11 396
work injury
-
-
-
770
pensions
-
-
-
28 335
unemployment
-
-
-
1 848
total
-
-
-
83 074
Employee

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

20 811
-
240 500
-
income
2 081
-
40 725
-
work injury
104
-
385
-
health insurance
1 540
-
5 698
-
pensions
3 829
-
14 168
-
unemployment
250
-
924
-
total
7 804
-
61 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
219 689
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%.

21 969
24 050
-
-
total
21 969
24 050
-
-
Dividends
197 720
216 450
-
-
withholding
29 658
32 468
-
-
total
29 658
32 468
-
-
Income
240 500
240 500
240 500
240 500
Total tax
59 431
56 518
61 900
83 074
After tax
181 069
183 982
178 600
157 426
Living cost
13 007
13 007
13 007
13 007
Free-cash
168 062
170 975
165 593
144 419

Estimated living cost  is ₽13007 per week

₽8058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67934
₽88269
₽75854
₽83882
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 258
national
-
-
-
70 167
regional
-
-
-
6 079
municipal
-
-
-
1 731
total
-
-
-
126 235
Employee
81 250
-
240 500
-
social contributions
27 397
-
63 267
-
municipal
485
-
1 596
-
national
13 730
-
63 712
-
regional
1 227
-
5 580
-
total
42 839
-
134 155
-
Employer
81 250
-
240 500
-
total
-
-
-
-
Corporate
159 250
240 500
-
-
nationa
38 220
57 720
-
-
municipal
7 676
11 591
-
-
total
45 896
69 311
-
-
Dividends
113 355
171 189
-
-
withholding
29 472
44 509
-
-
total
29 472
44 509
-
-
Income
240 500
240 500
240 500
240 500
Total tax
118 207
113 820
134 155
126 235
After tax
122 293
126 680
106 345
114 265
Living cost
38 411
38 411
38 411
38 411
Free-cash
83 882
88 269
67 934
75 854

Estimated living cost  is ₽38411 per week

₽26982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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