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
₽92593
₽118352
₽87384
₽103029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
240 500
income

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

-
-
-
82 577
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.

-
-
-
4 541
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.

-
-
-
6 447
trade
-
-
-
30 968
total
-
-
-
124 533
Employee

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

36 093
-
240 500
-
surtax

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

56
-
4 541
-
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.

1 008
-
82 577
-
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.

6 447
-
6 447
-
total
7 511
-
93 565
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
204 407
240 500
-
-
income
30 662
36 075
-
-
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.

1 687
1 984
-
-
chamber of commerce
437
489
-
-
trade
32 195
37 879
-
-
total
64 981
76 427
-
-
Dividends
139 426
164 073
-
-
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.

1 898
2 237
-
-
withholding
34 498
40 660
-
-
total
36 396
42 897
-
-
Income
240 500
240 500
240 500
240 500
Total tax
108 888
119 324
93 565
124 533
After tax
131 612
121 176
146 935
115 967
Living cost
28 583
28 583
28 583
28 583
Free-cash
103 029
92 593
118 352
87 384

Estimated living cost  is ₽28583 per week

₽17980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99954
₽86865
₽85574
₽99121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
social contributions
-
-
-
2 585
municipal
-
-
-
26 817
national
-
-
-
46 546
pensions
-
-
-
28 860
total
-
-
-
104 808
Employee
77 691
-
207 910
-
municipal
9 596
-
27 748
-
pensions
3 108
-
8 316
-
national
14 870
-
48 585
-
total
27 574
-
84 649
-
Employer
77 691
-
207 910
-
pensions
6 215
-
16 633
-
social contributions
835
-
2 235
-
total
7 050
-
18 868
-
Corporate
150 630
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%.

30 126
48 100
-
-
total
30 126
48 100
-
-
Dividends
120 504
192 400
-
-
withholding
26 511
42 328
-
-
total
26 511
42 328
-
-
Income
240 500
240 500
240 500
240 500
Total tax
91 261
90 428
103 517
104 808
After tax
149 239
150 072
136 983
135 692
Living cost
50 118
50 118
50 118
50 118
Free-cash
99 121
99 954
86 865
85 574

Estimated living cost  is ₽50118 per week

₽34064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172767
₽86414
₽69742
₽165027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
240 500
income
-
-
-
53 643
surtax
-
-
-
61 327
social contributions

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

-
-
-
36 156
microenterprise
-
-
-
-
total
-
-
-
151 126
Employee
27 574
-
192 258
-
surtax
-
-
27 877
-
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.

3 034
-
12 371
-
income
4 909
-
45 964
-
total
7 943
-
86 212
-
Employer
27 574
-
192 258
-
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.

6 642
-
27 093
-
surtax
-
-
21 149
-
total
6 642
-
48 242
-
Corporate
206 284
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%.

41 256
48 101
-
-
total
41 256
48 101
-
-
Dividends

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

165 027
192 399
-
-
total
-
-
-
-
Income
240 500
240 500
240 500
240 500
Total tax
55 841
48 101
134 454
151 126
After tax
184 659
192 399
106 046
89 374
Living cost
19 632
19 632
19 632
19 632
Free-cash
165 027
172 767
86 414
69 742

Estimated living cost  is ₽19632 per week

₽12525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80645
₽114227
₽88075
₽74864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90 200
health
-
-
-
11 637
pensions
-
-
-
11 056
total
-
-
-
112 893
Employee
80 585
80 585
222 963
-
pensions
14 505
11 056
11 056
-
income

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

13 191
13 191
46 510
-
health
12 369
10 521
11 637
-
total
40 065
34 768
69 203
-
Employer
80 585
80 585
222 963
-
health
5 602
5 602
6 961
-
pensions
5 609
5 609
6 972
-
unemployment
2 901
2 901
3 605
-
total
14 112
14 112
17 538
-
Corporate
146 792
145 803
-
-
income
29 358
29 161
-
-
total
29 358
29 161
-
-
Dividends
117 434
116 642
-
-
income
24 955
24 786
-
-
withholding
17 614
17 496
-
-
total
42 569
42 282
-
-
Income
240 500
240 500
240 500
240 500
Total tax
126 104
120 323
86 741
112 893
After tax
114 396
120 177
153 759
127 607
Living cost
39 532
39 532
39 532
39 532
Free-cash
74 864
80 645
114 227
88 075

Estimated living cost  is ₽39532 per week

₽28015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93490
₽80219
₽81135
₽92640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
accident
-
-
-
166
other
-
-
-
9 633
unemployment
-
-
-
83
health
-
-
-
5 173
municipal
-
-
-
64 556
national
-
-
-
32 970
pensions
-
-
-
8 961
total
-
-
-
121 542
Employee
53 895
-
214 454
-
municipal
16 071
-
63 950
-
national
-
-
32 462
-
total
16 071
-
96 412
-
Employer
53 895
-
214 454
-
health
3 315
-
5 098
-
pensions
5 826
-
8 961
-
accident
108
-
166
-
unemployment
1 423
-
2 188
-
other
6 263
-
9 633
-
total
16 935
-
26 046
-
Corporate
169 671
240 500
-
-
income
37 328
52 910
-
-
total
37 328
52 910
-
-
Dividends
132 344
187 590
-
-
withholding
39 703
56 277
-
-
total
39 703
56 277
-
-
Income
240 500
240 500
240 500
240 500
Total tax
110 037
109 187
122 458
121 542
After tax
130 463
131 313
118 042
118 958
Living cost
37 823
37 823
37 823
37 823
Free-cash
92 640
93 490
80 219
81 135

Estimated living cost  is ₽37823 per week

₽25068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽82871
₽109864
₽77519
₽96129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
240 500
income

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

-
-
-
82 577
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.

-
-
-
4 541
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.

-
-
-
6 447
trade
-
-
-
32 345
total
-
-
-
125 910
Employee

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

47 855
-
240 500
-
surtax

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

226
-
4 541
-
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.

4 112
-
82 577
-
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.

6 447
-
6 447
-
total
10 785
-
93 565
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 645
240 500
-
-
income
28 896
36 075
-
-
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
1 984
-
-
chamber of commerce
417
485
-
-
trade
31 690
39 562
-
-
total
62 591
78 106
-
-
Dividends
130 053
162 393
-
-
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.

1 769
2 213
-
-
withholding
32 155
40 239
-
-
total
33 924
42 452
-
-
Income
240 500
240 500
240 500
240 500
Total tax
107 300
120 558
93 565
125 910
After tax
133 200
119 942
146 935
114 590
Living cost
37 071
37 071
37 071
37 071
Free-cash
96 129
82 871
109 864
77 519

Estimated living cost  is ₽37071 per week

₽24793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144597
₽128141
₽130054
₽140683
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 437
social contributions
-
-
-
15 268
health
-
-
-
6 133
total
-
-
-
79 838
Employee
72 564
72 564
228 156
-
social contributions
3 526
6 022
8 123
-
income
7 620
6 717
57 405
-
health
722
1 234
3 879
-
total
11 868
13 973
69 407
-
Employer
72 564
72 564
228 156
-
health
786
1 343
4 221
-
social contributions
3 526
6 022
8 123
-
total
4 312
7 365
12 344
-
Corporate
193 712
160 571
-
-
income
24 213
20 071
-
-
total
24 213
20 071
-
-
Dividends
169 499
140 500
-
-
withholding
28 816
23 886
-
-
total
28 816
23 886
-
-
Income
240 500
240 500
240 500
240 500
Total tax
69 209
65 295
81 751
79 838
After tax
171 291
175 205
158 749
160 662
Living cost
30 608
30 608
30 608
30 608
Free-cash
140 683
144 597
128 141
130 054

Estimated living cost  is ₽30608 per week

₽20924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118067
₽122546
₽149734
₽118418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
income
-
-
-
29 401
unemployment
-
-
-
3 607
health
-
-
-
16 835
pensions
-
-
-
24 050
total
-
-
-
73 893
Employee

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

The minimum wage is 138,000 HUF per month.

24 356
9 693
201 255
-
unemployment
365
145
3 019
-
pensions
2 436
969
20 126
-
income
2 978
1 185
24 603
-
health
1 705
679
14 088
-
total
7 484
2 978
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.

24 356
9 693
201 255
-
pensions
4 749
1 890
39 245
-
total
4 749
1 890
39 245
-
Corporate
211 394
228 916
-
-
income
19 025
20 602
-
-
total
19 025
20 602
-
-
Dividends
192 369
208 314
-
-
social contributions
37 401
40 510
-
-
withholding
36 550
39 580
-
-
total
73 951
80 090
-
-
Income
240 500
240 500
240 500
240 500
Total tax
105 209
105 560
101 081
73 893
After tax
135 291
134 940
139 419
166 607
Living cost
16 873
16 873
16 873
16 873
Free-cash
118 418
118 067
122 546
149 734

Estimated living cost  is ₽16873 per week

₽11514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169606
₽115830
₽106114
₽163746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
income
-
-
-
32 227
health
-
-
-
31 265
pensions
-
-
-
48 101
total
-
-
-
111 593
Employee
26 770
-
179 744
-
unemployment
428
-
2 876
-
pensions
535
-
3 594
-
income
3 014
-
34 655
-
total
3 977
-
41 125
-
Employer
26 770
-
179 744
-
health
3 479
-
23 366
-
pensions
5 354
-
35 948
-
unemployment
215
-
1 438
-
total
9 048
-
60 752
-
Corporate
204 681
240 500
-
-
income
40 936
48 101
-
-
total
40 936
48 101
-
-
Dividends
163 745
192 399
-
-
total
-
-
-
-
Income
240 500
240 500
240 500
240 500
Total tax
53 961
48 101
101 877
111 593
After tax
186 539
192 399
138 623
128 907
Living cost
22 793
22 793
22 793
22 793
Free-cash
163 746
169 606
115 830
106 114

Estimated living cost  is ₽22793 per week

₽15634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1488
₽112217
₽143176
₽16265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
accident
-
-
-
241
income
-
-
-
69 717
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
76 356
Employee
32 984
-
220 898
-
pensions
3 714
-
7 272
-
income
4 525
-
55 148
-
health
3 777
-
25 293
-
total
12 016
-
87 713
-
Employer
32 984
-
220 898
-
pensions
5 363
-
10 501
-
accident
551
-
3 689
-
unemployment
808
-
5 412
-
total
6 722
-
19 602
-
Corporate
200 794
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.

180 714
216 450
-
-
total
180 714
216 450
-
-
Dividends
20 079
24 050
-
-
withholding
3 815
4 570
-
-
total
3 815
4 570
-
-
Income
240 500
240 500
240 500
240 500
Total tax
203 267
221 020
107 315
76 356
After tax
37 233
19 480
133 185
164 144
Living cost
20 968
20 968
20 968
20 968
Free-cash
16 265
-1 488
112 217
143 176

Estimated living cost  is ₽20968 per week

₽15368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽220884
₽184809
₽230504
₽219461
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 489
-
240 500
-
income
1 897
-
48 100
-
total
1 897
-
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%.

231 011
240 500
-
-
total
-
-
-
-
Dividends
231 011
240 500
-
-
withholding
11 551
12 025
-
-
total
11 551
12 025
-
-
Income
240 500
240 500
240 500
240 500
Total tax
13 448
12 025
48 100
2 405
After tax
227 052
228 475
192 400
238 095
Living cost
7 591
7 591
7 591
7 591
Free-cash
219 461
220 884
184 809
230 504

Estimated living cost  is ₽7591 per week

₽4704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151549
₽121624
₽123545
₽145178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 240
other
-
-
-
6 816
health
-
-
-
6 314
pensions

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

-
-
-
34 440
total
-
-
-
91 810
Employee
34 264
-
203 855
-
unemployment
342
-
1 434
-
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.

2 398
-
10 045
-
income
5 899
-
43 599
-
health
480
-
2 009
-
total
9 119
-
57 087
-
Employer
34 264
-
203 855
-
health
480
-
2 009
-
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.

5 825
-
24 396
-
accident
274
-
1 631
-
unemployment
342
-
1 434
-
other
1 714
-
7 174
-
total
8 635
-
36 644
-
Corporate
197 601
240 500
-
-
income
41 496
50 506
-
-
total
41 496
50 506
-
-
Dividends
156 105
189 994
-
-
withholding
10 927
13 300
-
-
total
10 927
13 300
-
-
Income
240 500
240 500
240 500
240 500
Total tax
70 177
63 806
93 731
91 810
After tax
170 323
176 694
146 769
148 690
Living cost
25 145
25 145
25 145
25 145
Free-cash
145 178
151 549
121 624
123 545

Estimated living cost  is ₽25145 per week

₽17766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86433
₽69576
₽90932
₽94010
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 672
pensions
-
-
-
9 961
total
-
-
-
86 633
Employee
89 044
-
209 399
-
pensions
8 590
-
11 706
-
income
16 051
-
62 436
-
health
1 467
-
2 746
-
total
26 108
-
76 888
-
Employer
89 044
-
209 399
-
health
1 691
-
3 979
-
pensions
10 513
-
27 122
-
total
12 204
-
31 101
-
Corporate
139 252
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.

26 459
45 695
-
-
total
26 459
45 695
-
-
Dividends
112 793
194 805
-
-
withholding
18 784
45 437
-
-
total
18 784
45 437
-
-
Income
240 500
240 500
240 500
240 500
Total tax
83 555
91 132
107 989
86 633
After tax
156 945
149 368
132 511
153 867
Living cost
62 935
62 935
62 935
62 935
Free-cash
94 010
86 433
69 576
90 932

Estimated living cost  is ₽62935 per week

₽47158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽193256
₽193486
₽183254
₽188874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
income
-
-
-
36 075
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
44 875
Employee
16 380
-
234 034
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 438
-
2 894
-
income
1 638
-
23 403
-
health
753
-
1 516
-
total
4 009
-
28 176
-
Employer
16 380
-
234 034
-
health
1 131
-
2 274
-
pensions

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

1 805
-
3 632
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
unemployment
98
-
198
-
total
3 214
-
6 467
-
Corporate
220 905
240 500
-
-
income
22 091
24 050
-
-
total
22 091
24 050
-
-
Dividends
198 815
216 450
-
-
withholding
9 941
10 823
-
-
total
9 941
10 823
-
-
Income
240 500
240 500
240 500
240 500
Total tax
39 255
34 873
34 643
44 875
After tax
201 245
205 627
205 857
195 625
Living cost
12 371
12 371
12 371
12 371
Free-cash
188 874
193 256
193 486
183 254

Estimated living cost  is ₽12371 per week

₽7222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67849
₽101431
₽75279
₽70221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90 200
health
-
-
-
11 637
pensions
-
-
-
11 056
total
-
-
-
112 893
Employee
87 490
80 585
222 963
-
pensions
11 056
11 056
11 056
-
income

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

13 191
13 191
46 510
-
health
10 915
10 521
11 637
-
total
35 162
34 768
69 203
-
Employer
87 490
80 585
222 963
-
health
6 080
5 602
6 961
-
pensions
6 089
5 609
6 972
-
unemployment
3 150
2 901
3 605
-
total
15 319
14 112
17 538
-
Corporate
137 692
145 803
-
-
income
27 539
29 161
-
-
total
27 539
29 161
-
-
Dividends
110 153
116 642
-
-
income
23 407
24 786
-
-
withholding
16 524
17 496
-
-
total
39 931
42 282
-
-
Income
240 500
240 500
240 500
240 500
Total tax
117 951
120 323
86 741
112 893
After tax
122 549
120 177
153 759
127 607
Living cost
52 328
52 328
52 328
52 328
Free-cash
70 221
67 849
101 431
75 279

Estimated living cost  is ₽52328 per week

₽38600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142459
₽110307
₽121162
₽134209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 213
social contributions
-
-
-
33 276
solidarity contribution
-
-
-
4 256
health
-
-
-
32 468
total
-
-
-
96 213
Employee
34 007
-
194 505
-
solidarity contribution
-
-
3 282
-
social contributions
2 210
-
7 407
-
income
4 081
-
24 126
-
health
4 591
-
26 258
-
total
10 882
-
61 073
-
Employer
34 007
-
194 505
-
health
3 061
-
17 505
-
social contributions
8 502
-
28 490
-
total
11 563
-
45 995
-
Corporate
194 930
240 500
-
-
income
37 037
45 695
-
-
total
37 037
45 695
-
-
Dividends
157 894
194 805
-
-
withholding
23 684
29 221
-
-
total
23 684
29 221
-
-
Income
240 500
240 500
240 500
240 500
Total tax
83 166
74 916
107 068
96 213
After tax
157 334
165 584
133 432
144 287
Living cost
23 125
23 125
23 125
23 125
Free-cash
134 209
142 459
110 307
121 162

Estimated living cost  is ₽23125 per week

₽16063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88497
₽69854
₽77854
₽83572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 230
regional
-
-
-
3 176
municipal
-
-
-
1 545
national
-
-
-
70 876
total
-
-
-
122 827
Employee
83 867
-
240 500
-
municipal
444
-
1 429
-
national
14 532
-
64 558
-
regional
791
-
2 920
-
social contributions
28 280
-
61 920
-
total
44 047
-
130 827
-
Employer
83 867
-
240 500
-
total
-
-
-
-
Corporate
156 633
240 500
-
-
municipal
6 108
9 380
-
-
nationa
37 592
57 721
-
-
total
43 700
67 101
-
-
Dividends
112 932
173 399
-
-
withholding
29 362
45 083
-
-
total
29 362
45 083
-
-
Income
240 500
240 500
240 500
240 500
Total tax
117 109
112 184
130 827
122 827
After tax
123 391
128 316
109 673
117 673
Living cost
39 819
39 819
39 819
39 819
Free-cash
83 572
88 497
69 854
77 854

Estimated living cost  is ₽39819 per week

₽27757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130450
₽86231
₽92002
₽127513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
income
-
-
-
79 518
other
-
-
-
-
surtax
-
-
-
13 811
unemployment
-
-
-
215
health
-
-
-
8 941
pensions
-
-
-
25 189
total
-
-
-
127 674
Employee
31 207
-
213 989
-
other
-
-
-
-
unemployment
2 172
-
8 766
-
pensions
2 081
-
8 401
-
surtax
102
-
12 681
-
income
5 231
-
73 874
-
health
797
-
3 211
-
total
10 383
-
106 933
-
Employer
31 207
-
213 989
-
health
1 420
-
5 731
-
pensions
4 160
-
16 789
-
unemployment
989
-
3 992
-
other
-
-
-
-
total
6 569
-
26 512
-
Corporate
202 725
240 500
-
-
income
52 708
62 531
-
-
total
52 708
62 531
-
-
Dividends
150 017
177 969
-
-
withholding
22 503
26 695
-
-
total
22 503
26 695
-
-
Income
240 500
240 500
240 500
240 500
Total tax
92 163
89 226
133 445
127 674
After tax
148 337
151 274
107 055
112 826
Living cost
20 824
20 824
20 824
20 824
Free-cash
127 513
130 450
86 231
92 002

Estimated living cost  is ₽20824 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106372
₽89515
₽110871
₽112589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 672
pensions
-
-
-
9 961
total
-
-
-
86 633
Employee
59 675
-
209 399
-
pensions
5 065
-
11 706
-
income
10 748
-
62 436
-
health
866
-
2 746
-
total
16 679
-
76 888
-
Employer
59 675
-
209 399
-
health
1 134
-
3 979
-
pensions
6 460
-
27 122
-
total
7 594
-
31 101
-
Corporate
173 232
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.

32 914
45 695
-
-
total
32 914
45 695
-
-
Dividends
140 318
194 805
-
-
withholding
27 728
45 437
-
-
total
27 728
45 437
-
-
Income
240 500
240 500
240 500
240 500
Total tax
84 915
91 132
107 989
86 633
After tax
155 585
149 368
132 511
153 867
Living cost
42 996
42 996
42 996
42 996
Free-cash
112 589
106 372
89 515
110 871

Estimated living cost  is ₽42996 per week

₽32212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽35343
₽107054
₽114523
₽67278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
other

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

-
-
-
4 809
regional
-
-
-
14 098
health
-
-
-
541
city
-
-
-
2 536
national
-
-
-
7 235
pensions
-
-
-
22 127
total
-
-
-
51 346
Employee
87 337
-
216 979
-
unemployment
-
-
-
-
pensions
7 337
-
16 306
-
national
413
-
5 913
-
regional
2 860
-
12 618
-
city
937
-
2 354
-
health
197
-
489
-
total
11 744
-
37 680
-
Employer
87 337
-
216 979
-
health
197
-
489
-
pensions
7 337
-
16 306
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 746
-
4 340
-
total
9 280
-
21 135
-
Corporate
142 922
240 500
-
-
regional
30 228
50 866
-
-
national
12 149
20 443
-
-
total
42 377
71 309
-
-
Dividends
100 545
169 192
-
-
withholding
35 190
59 217
-
-
total
35 190
59 217
-
-
Income
240 500
240 500
240 500
240 500
Total tax
98 591
130 526
58 815
51 346
After tax
141 909
109 974
181 685
189 154
Living cost
74 631
74 631
74 631
74 631
Free-cash
67 278
35 343
107 054
114 523

Estimated living cost  is ₽74631 per week

₽48531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽916
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽75474
₽103705
₽69984
₽90775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
240 500
income

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

-
-
-
82 577
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.

-
-
-
4 541
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.

-
-
-
6 447
trade
-
-
-
33 721
total
-
-
-
127 286
Employee

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

56 713
-
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.

367
-
4 541
-
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.

6 669
-
82 577
-
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.

6 447
-
6 447
-
total
13 483
-
93 565
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
183 787
240 500
-
-
income
27 567
36 075
-
-
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.

1 517
1 984
-
-
chamber of commerce
401
482
-
-
trade
31 520
41 245
-
-
total
61 005
79 786
-
-
Dividends
122 782
160 713
-
-
surtax

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

1 669
2 190
-
-
withholding
30 338
39 820
-
-
total
32 007
42 010
-
-
Income
240 500
240 500
240 500
240 500
Total tax
106 495
121 796
93 565
127 286
After tax
134 005
118 704
146 935
113 214
Living cost
43 230
43 230
43 230
43 230
Free-cash
90 775
75 474
103 705
69 984

Estimated living cost  is ₽43230 per week

₽31573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3458
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.
₽7638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88925
₽88038
₽96873
₽94500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 739
other
-
-
-
7 455
surtax
-
-
-
-
social contributions
-
-
-
6 853
health
-
-
-
12 489
pensions
-
-
-
35 805
total
-
-
-
111 341
Employee
40 388
-
182 212
-
pensions
4 567
-
14 296
-
surtax
-
-
-
-
social contributions
1 151
-
5 191
-
income
2 384
-
42 400
-
total
8 102
-
61 887
-
Employer
40 388
-
182 212
-
health
2 828
-
18 785
-
pensions
6 635
-
23 777
-
unemployment
1 635
-
7 380
-
social contributions
122
-
546
-
other
1 393
-
7 801
-
total
12 613
-
58 289
-
Corporate
187 500
240 500
-
-
income
52 501
67 341
-
-
surtax
-
-
-
-
total
52 501
67 341
-
-
Dividends
134 999
173 159
-
-
surtax
-
-
-
-
social contributions
23 219
29 783
-
-
withholding
17 279
22 165
-
-
total
40 498
51 948
-
-
Income
240 500
240 500
240 500
240 500
Total tax
113 714
119 289
120 176
111 341
After tax
126 786
121 211
120 324
129 159
Living cost
32 286
32 286
32 286
32 286
Free-cash
94 500
88 925
88 038
96 873

Estimated living cost  is ₽32286 per week

₽20358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92124
₽91237
₽100072
₽97368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 739
other
-
-
-
7 455
surtax
-
-
-
-
social contributions
-
-
-
6 853
health
-
-
-
12 489
pensions
-
-
-
35 805
total
-
-
-
111 341
Employee
36 052
-
182 212
-
pensions
4 078
-
14 296
-
surtax
-
-
-
-
social contributions
1 028
-
5 191
-
income
1 859
-
42 400
-
total
6 965
-
61 887
-
Employer
36 052
-
182 212
-
health
2 523
-
18 785
-
pensions
5 924
-
23 777
-
unemployment
1 459
-
7 380
-
social contributions
107
-
546
-
other
1 245
-
7 801
-
total
11 258
-
58 289
-
Corporate
193 190
240 500
-
-
income
54 093
67 341
-
-
surtax
-
-
-
-
total
54 093
67 341
-
-
Dividends
139 097
173 159
-
-
surtax
-
-
-
-
social contributions
23 925
29 783
-
-
withholding
17 804
22 165
-
-
total
41 729
51 948
-
-
Income
240 500
240 500
240 500
240 500
Total tax
114 045
119 289
120 176
111 341
After tax
126 455
121 211
120 324
129 159
Living cost
29 087
29 087
29 087
29 087
Free-cash
97 368
92 124
91 237
100 072

Estimated living cost  is ₽29087 per week

₽16869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126716
₽127297
₽134439
₽127205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
income
-
-
-
36 075
social contributions
-
-
-
33 189
health
-
-
-
16 787
total
-
-
-
86 051
Employee
31 996
-
240 500
-
social contributions
4 416
-
33 189
-
income
5 337
-
43 217
-
health
2 233
-
16 787
-
total
11 986
-
93 193
-
Employer
31 996
-
240 500
-
total
-
-
-
-
Corporate
208 504
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%.

10 426
12 025
-
-
total
10 426
12 025
-
-
Dividends
198 078
228 475
-
-
social contributions
27 335
31 530
-
-
withholding
29 711
34 272
-
-
health
13 827
15 947
-
-
total
70 873
81 749
-
-
Income
240 500
240 500
240 500
240 500
Total tax
93 285
93 774
93 193
86 051
After tax
147 215
146 726
147 307
154 449
Living cost
20 010
20 010
20 010
20 010
Free-cash
127 205
126 716
127 297
134 439

Estimated living cost  is ₽20010 per week

₽13392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1234
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99108
₽29087
₽89496
₽97648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
81 989
surtax
-
-
-
186
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
962
health
-
-
-
8 433
pensions
-
-
-
20 395
total
-
-
-
117 753
Employee
47 160
37 607
201 896
-
other
471
376
1 103
-
unemployment
1 415
1 128
3 308
-
pensions
4 830
3 850
11 289
-
income
5 369
2 774
70 013
-
health
1 825
1 456
4 266
-
total
13 910
9 584
89 979
-
Employer
47 160
37 607
201 896
-
chamber of commerce
188
150
808
-
health
1 782
1 422
4 167
-
pensions
5 919
4 721
13 836
-
accident
612
489
1 433
-
unemployment
1 415
1 128
3 308
-
surtax
186
186
186
-
payroll
1 415
1 128
6 056
-
other
2 240
1 785
8 811
-
total
13 757
11 009
38 605
-
Corporate
179 583
191 884
198 314
-
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.

44 895
47 972
49 578
-
total
44 895
47 972
49 578
-
Dividends
134 688
143 912
-
-
withholding
37 039
39 576
-
-
total
37 039
39 576
-
-
Income
240 500
240 500
240 500
240 500
Total tax
109 601
108 141
178 162
117 753
After tax
130 899
132 359
62 338
122 747
Living cost
33 251
33 251
33 251
33 251
Free-cash
97 648
99 108
29 087
89 496

Estimated living cost  is ₽33251 per week

₽22177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95995
₽46120
₽70339
₽85789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
communal

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

-
-
-
13 019
social contributions
-
-
-
23 527
national
-
-
-
99 208
total
-
-
-
135 754
Employee

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

67 501
-
186 275
-
unemployment

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

587
-
1 621
-
communal

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

3 521
-
9 715
-
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.

5 063
-
13 970
-
national
20 753
-
71 687
-
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.

3 171
-
8 755
-
total
33 095
-
105 748
-
Employer

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

67 501
-
186 275
-
health

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

4 151
-
11 456
-
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.

5 981
-
16 504
-
accident

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

877
-
2 421
-
unemployment

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

985
-
2 720
-
surtax
7 654
-
21 124
-
total
19 648
-
54 225
-
Corporate
153 350
240 500
-
-
income
30 671
53 629
-
-
surtax
614
1 073
-
-
total
31 285
54 702
-
-
Dividends
122 065
185 799
-
-
withholding

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

36 276
55 396
-
-
total
36 276
55 396
-
-
Income
240 500
240 500
240 500
240 500
Total tax
120 304
110 098
159 973
135 754
After tax
120 196
130 402
80 527
104 746
Living cost
34 407
34 407
34 407
34 407
Free-cash
85 789
95 995
46 120
70 339

Estimated living cost  is ₽34407 per week

₽22163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125334
₽96097
₽100058
₽118868
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
accident
-
-
-
788
income
-
-
-
80 122
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
106 362
Employee
46 973
-
212 616
-
other
47
-
88
-
unemployment
729
-
1 356
-
pensions
2 208
-
4 112
-
income
9 911
-
76 883
-
total
12 895
-
82 439
-
Employer
46 973
-
212 616
-
pensions
11 085
-
20 642
-
accident
929
-
1 732
-
unemployment
2 584
-
4 810
-
other
374
-
700
-
total
14 972
-
27 884
-
Corporate
178 554
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.

26 783
36 075
-
-
total
26 783
36 075
-
-
Dividends
151 771
204 425
-
-
withholding
32 902
45 011
-
-
total
32 902
45 011
-
-
Income
240 500
240 500
240 500
240 500
Total tax
87 552
81 086
110 323
106 362
After tax
152 948
159 414
130 177
134 138
Living cost
34 080
34 080
34 080
34 080
Free-cash
118 868
125 334
96 097
100 058

Estimated living cost  is ₽34080 per week

₽25096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82443
₽68804
₽61409
₽69466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
communal
-
-
-
15 200
accident
-
-
-
1 884
income
-
-
-
49 334
surtax
-
-
-
12 195
health
-
-
-
15 700
pensions
-
-
-
33 495
total
-
-
-
127 808
Employee
71 463
-
214 827
-
pensions
5 716
-
17 186
-
surtax
4 380
-
13 166
-
income
6 903
-
54 830
-
health
3 180
-
9 559
-
total
20 179
-
94 741
-
Employer
71 463
-
214 827
-
health
2 179
-
6 552
-
pensions
5 716
-
17 186
-
accident
643
-
1 934
-
total
8 538
-
25 672
-
Corporate
160 498
240 500
-
-
communal
10 834
16 233
-
-
income
24 075
36 075
-
-
surtax
1 685
2 525
-
-
total
36 594
54 833
-
-
Dividends
123 904
185 666
-
-
income
35 855
24 091
-
-
withholding
18 585
27 850
-
-
total
54 440
51 941
-
-
Income
240 500
240 500
240 500
240 500
Total tax
119 751
106 774
120 413
127 808
After tax
120 749
133 726
120 087
112 692
Living cost
51 283
51 283
51 283
51 283
Free-cash
69 466
82 443
68 804
61 409

Estimated living cost  is ₽51283 per week

₽38470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3107
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130078
₽85859
₽91630
₽127077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
income
-
-
-
79 518
other
-
-
-
-
surtax
-
-
-
13 811
unemployment
-
-
-
215
health
-
-
-
8 941
pensions
-
-
-
25 189
total
-
-
-
127 674
Employee
31 779
-
213 989
-
other
-
-
-
-
unemployment
2 212
-
8 766
-
pensions
2 120
-
8 401
-
surtax
113
-
12 681
-
income
5 328
-
73 874
-
health
811
-
3 211
-
total
10 584
-
106 933
-
Employer
31 779
-
213 989
-
health
1 445
-
5 731
-
pensions
4 237
-
16 789
-
unemployment
1 008
-
3 992
-
other
-
-
-
-
total
6 690
-
26 512
-
Corporate
202 030
240 500
-
-
income
52 527
62 531
-
-
total
52 527
62 531
-
-
Dividends
149 503
177 969
-
-
withholding
22 426
26 695
-
-
total
22 426
26 695
-
-
Income
240 500
240 500
240 500
240 500
Total tax
92 227
89 226
133 445
127 674
After tax
148 273
151 274
107 055
112 826
Living cost
21 196
21 196
21 196
21 196
Free-cash
127 077
130 078
85 859
91 630

Estimated living cost  is ₽21196 per week

₽12797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100990
₽83548
₽91506
₽98897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 230
regional
-
-
-
3 923
municipal
-
-
-
1 545
national
-
-
-
70 876
total
-
-
-
123 574
Employee
52 347
-
240 500
-
municipal
278
-
1 429
-
national
8 293
-
64 558
-
regional
705
-
3 625
-
social contributions
17 652
-
61 920
-
total
26 928
-
131 532
-
Employer
52 347
-
240 500
-
total
-
-
-
-
Corporate
188 153
240 500
-
-
municipal
9 351
11 954
-
-
nationa
45 156
57 721
-
-
total
54 507
69 675
-
-
Dividends
133 645
170 826
-
-
withholding
34 748
44 415
-
-
total
34 748
44 415
-
-
Income
240 500
240 500
240 500
240 500
Total tax
116 183
114 090
131 532
123 574
After tax
124 317
126 410
108 968
116 926
Living cost
25 420
25 420
25 420
25 420
Free-cash
98 897
100 990
83 548
91 506

Estimated living cost  is ₽25420 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137088
₽104936
₽115791
₽126923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 213
social contributions
-
-
-
33 276
solidarity contribution
-
-
-
4 256
health
-
-
-
32 468
total
-
-
-
96 213
Employee
41 906
-
194 505
-
solidarity contribution
-
-
3 282
-
social contributions
2 724
-
7 407
-
income
5 029
-
24 126
-
health
5 657
-
26 258
-
total
13 410
-
61 073
-
Employer
41 906
-
194 505
-
health
3 771
-
17 505
-
social contributions
10 476
-
28 490
-
total
14 247
-
45 995
-
Corporate
184 346
240 500
-
-
income
35 026
45 695
-
-
total
35 026
45 695
-
-
Dividends
149 321
194 805
-
-
withholding
22 398
29 221
-
-
total
22 398
29 221
-
-
Income
240 500
240 500
240 500
240 500
Total tax
85 081
74 916
107 068
96 213
After tax
155 419
165 584
133 432
144 287
Living cost
28 496
28 496
28 496
28 496
Free-cash
126 923
137 088
104 936
115 791

Estimated living cost  is ₽28496 per week

₽21191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102355
₽32273
₽92827
₽101888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
81 989
surtax
-
-
-
-
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
962
health
-
-
-
8 433
pensions
-
-
-
20 395
total
-
-
-
117 567
Employee
41 250
37 607
202 070
-
other
412
376
1 103
-
unemployment
1 237
1 128
3 308
-
pensions
4 224
3 850
11 289
-
income
3 675
2 774
70 100
-
health
1 596
1 456
4 266
-
total
11 144
9 584
90 066
-
Employer
41 250
37 607
202 070
-
chamber of commerce
165
150
808
-
health
1 560
1 422
4 167
-
pensions
5 177
4 721
13 836
-
accident
535
489
1 433
-
unemployment
1 237
1 128
3 308
-
surtax
-
-
-
-
payroll
1 237
1 128
6 062
-
other
1 959
1 785
8 818
-
total
11 870
10 823
38 432
-
Corporate
187 378
192 070
198 488
-
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.

46 845
48 018
49 623
-
total
46 845
48 018
49 623
-
Dividends
140 533
144 052
-
-
withholding
38 647
39 614
-
-
total
38 647
39 614
-
-
Income
240 500
240 500
240 500
240 500
Total tax
108 506
108 039
178 121
117 567
After tax
131 994
132 461
62 379
122 933
Living cost
30 106
30 106
30 106
30 106
Free-cash
101 888
102 355
32 273
92 827

Estimated living cost  is ₽30106 per week

₽18060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽216646
₽180571
₽226266
₽214427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 787
-
240 500
-
income
2 958
-
48 100
-
total
2 958
-
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%.

225 713
240 500
-
-
total
-
-
-
-
Dividends
225 713
240 500
-
-
withholding
11 286
12 025
-
-
total
11 286
12 025
-
-
Income
240 500
240 500
240 500
240 500
Total tax
14 244
12 025
48 100
2 405
After tax
226 256
228 475
192 400
238 095
Living cost
11 829
11 829
11 829
11 829
Free-cash
214 427
216 646
180 571
226 266

Estimated living cost  is ₽11829 per week

₽8005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽497
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.
₽2931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140273
₽78147
₽83368
₽132381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
240 500
income
-
-
-
63 875
unemployment
-
-
-
360
health
-
-
-
23 665
pensions
-
-
-
43 921
total
-
-
-
131 821
Employee

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

41 729
-
208 099
-
unemployment
59
-
292
-
pensions
6 468
-
32 256
-
income
7 196
-
58 651
-
health
2 695
-
13 443
-
total
16 418
-
104 642
-
Employer

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

41 729
-
208 099
-
health
2 779
-
13 859
-
pensions
3 693
-
18 416
-
unemployment
25
-
125
-
total
6 497
-
32 400
-
Corporate
192 274
240 500
-
-
income
36 532
45 696
-
-
total
36 532
45 696
-
-
Dividends
155 742
194 804
-
-
withholding
23 361
29 220
-
-
total
23 361
29 220
-
-
Income
240 500
240 500
240 500
240 500
Total tax
82 808
74 916
137 042
131 821
After tax
157 692
165 584
103 458
108 679
Living cost
25 311
25 311
25 311
25 311
Free-cash
132 381
140 273
78 147
83 368

Estimated living cost  is ₽25311 per week

₽17371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105990
₽187874
₽125875
₽61530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
income
-
-
-
46 878
social contributions
-
-
-
27 417
total
-
-
-
74 295
Employee
57 828
-
-
-
social contributions
4 742
-
676
-
income
12 756
-
-
-
total
17 498
-
676
-
Employer
57 828
-
-
-
social contributions
81 537
-
11 620
-
total
81 537
-
11 620
-
Corporate
101 136
240 500
-
-
income
22 250
52 910
-
-
total
22 250
52 910
-
-
Dividends
78 886
187 590
-
-
income
17 355
41 270
-
-
total
17 355
41 270
-
-
Income
240 500
240 500
240 500
240 500
Total tax
138 640
94 180
12 296
74 295
After tax
101 860
146 320
228 204
166 205
Living cost
40 330
40 330
40 330
40 330
Free-cash
61 530
105 990
187 874
125 875

Estimated living cost  is ₽40330 per week

₽26168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107195
₽74599
₽94434
₽106246
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
240 500
income
-
-
-
32 892
surtax
-
-
-
-
social contributions

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

-
-
-
83 574
total
-
-
-
116 466
Employee
43 401
-
194 342
-
surtax
-
-
743
-
social contributions
4 774
-
21 378
-
income
9 028
-
68 024
-
total
13 802
-
90 145
-
Employer
43 401
-
194 342
-
social contributions
10 308
-
46 156
-
total
10 308
-
46 156
-
Corporate
186 791
240 500
-
-
income
39 225
50 506
-
-
surtax
-
-
-
-
total
39 225
50 506
-
-
Dividends
147 565
189 994
-
-
withholding
41 319
53 199
-
-
total
41 319
53 199
-
-
Income
240 500
240 500
240 500
240 500
Total tax
104 654
103 705
136 301
116 466
After tax
135 846
136 795
104 199
124 034
Living cost
29 600
29 600
29 600
29 600
Free-cash
106 246
107 195
74 599
94 434

Estimated living cost  is ₽29600 per week

₽22147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1746
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.
₽5213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75633
₽74746
₽83581
₽82121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 739
other
-
-
-
7 455
surtax
-
-
-
-
social contributions
-
-
-
6 853
health
-
-
-
12 489
pensions
-
-
-
35 805
total
-
-
-
111 341
Employee
59 104
-
182 212
-
pensions
6 685
-
14 296
-
surtax
-
-
-
-
social contributions
1 683
-
5 191
-
income
5 157
-
42 400
-
total
13 525
-
61 887
-
Employer
59 104
-
182 212
-
health
4 137
-
18 785
-
pensions
9 711
-
23 777
-
unemployment
2 394
-
7 380
-
social contributions
177
-
546
-
other
2 040
-
7 801
-
total
18 459
-
58 289
-
Corporate
162 937
240 500
-
-
income
45 622
67 341
-
-
surtax
-
-
-
-
total
45 622
67 341
-
-
Dividends
117 315
173 159
-
-
surtax
-
-
-
-
social contributions
20 179
29 783
-
-
withholding
15 016
22 165
-
-
total
35 195
51 948
-
-
Income
240 500
240 500
240 500
240 500
Total tax
112 801
119 289
120 176
111 341
After tax
127 699
121 211
120 324
129 159
Living cost
45 578
45 578
45 578
45 578
Free-cash
82 121
75 633
74 746
83 581

Estimated living cost  is ₽45578 per week

₽30846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽188084
₽152586
₽146195
₽184913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 028
social contributions
-
-
-
52 911
total
-
-
-
65 939
Employee
30 338
-
208 225
-
income
-
-
13 739
-
social contributions
1 972
-
13 535
-
total
1 972
-
27 274
-
Employer
30 338
-
208 225
-
social contributions
4 703
-
32 274
-
total
4 703
-
32 274
-
Corporate
205 459
240 500
-
-
income
20 546
24 050
-
-
total
20 546
24 050
-
-
Dividends
184 914
216 450
-
-
total
-
-
-
-
Income
240 500
240 500
240 500
240 500
Total tax
27 221
24 050
59 548
65 939
After tax
213 279
216 450
180 952
174 561
Living cost
28 366
28 366
28 366
28 366
Free-cash
184 913
188 084
152 586
146 195

Estimated living cost  is ₽28366 per week

₽18341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34908
₽34908
₽92106
₽17736
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 174
municipal
-
-
-
52 303
national
-
-
-
30 655
pensions
-
-
-
818
total
-
-
-
102 950
Employee
191 810
191 810
191 810
-
municipal
40 845
40 845
40 845
-
labour market
15 323
15 323
15 323
-
pensions
273
273
273
-
national
23 433
23 433
23 433
-
total
79 874
79 874
79 874
-
Employer
191 810
191 810
191 810
-
national
23 474
23 474
23 474
-
labour market
15 345
15 345
15 345
-
pensions
545
545
545
-
municipal
40 910
40 910
40 910
-
total
80 274
80 274
80 274
-
Corporate
34 909
-
-
-
income
7 680
-
-
-
total
7 680
-
-
-
Dividends
27 229
-
-
-
withholding
9 492
-
-
-
total
9 492
-
-
-
Income
240 500
240 500
240 500
240 500
Total tax
177 320
160 148
160 148
102 950
After tax
63 180
80 352
80 352
137 550
Living cost
45 444
45 444
45 444
45 444
Free-cash
17 736
34 908
34 908
92 106

Estimated living cost  is ₽45444 per week

₽31103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4020
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽699
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1179
₽112526
₽143485
₽16312
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
accident
-
-
-
241
income
-
-
-
69 717
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
76 356
Employee
32 498
-
220 898
-
pensions
3 660
-
7 272
-
income
4 458
-
55 148
-
health
3 721
-
25 293
-
total
11 839
-
87 713
-
Employer
32 498
-
220 898
-
pensions
5 284
-
10 501
-
accident
543
-
3 689
-
unemployment
796
-
5 412
-
total
6 623
-
19 602
-
Corporate
201 379
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.

181 241
216 450
-
-
total
181 241
216 450
-
-
Dividends
20 138
24 050
-
-
withholding
3 826
4 570
-
-
total
3 826
4 570
-
-
Income
240 500
240 500
240 500
240 500
Total tax
203 529
221 020
107 315
76 356
After tax
36 971
19 480
133 185
164 144
Living cost
20 659
20 659
20 659
20 659
Free-cash
16 312
-1 179
112 526
143 485

Estimated living cost  is ₽20659 per week

₽15037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109054
₽80550
₽108098
₽112774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 309
municipal
-
-
-
42 694
national
-
-
-
50 169
total
-
-
-
96 172
Employee
49 648
-
202 322
-
municipal
8 132
-
32 924
-
unemployment
745
-
3 035
-
pensions
3 351
-
13 657
-
national
820
-
33 205
-
health
371
-
2 722
-
total
13 419
-
85 543
-
Employer
49 648
-
202 322
-
health
381
-
1 558
-
pensions
8 614
-
35 103
-
accident
50
-
202
-
unemployment
322
-
1 314
-
total
9 367
-
38 177
-
Corporate
181 484
240 500
-
-
income
36 297
48 101
-
-
total
36 297
48 101
-
-
Dividends

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

108 890
144 300
-
-
municipal
19 600
25 974
-
-
national
12 813
21 141
-
-
total
32 413
47 115
-
-
Income
240 500
240 500
240 500
240 500
Total tax
91 496
95 216
123 720
96 172
After tax
149 004
145 284
116 780
144 328
Living cost
36 230
36 230
36 230
36 230
Free-cash
112 774
109 054
80 550
108 098

Estimated living cost  is ₽36230 per week

₽23665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153356
₽136900
₽138813
₽148220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 437
social contributions
-
-
-
15 268
health
-
-
-
6 133
total
-
-
-
79 838
Employee
72 564
72 564
228 156
-
social contributions
2 743
6 022
8 123
-
income
7 901
6 717
57 405
-
health
562
1 234
3 879
-
total
11 206
13 973
69 407
-
Employer
72 564
72 564
228 156
-
health
611
1 343
4 221
-
social contributions
2 743
6 022
8 123
-
total
3 354
7 365
12 344
-
Corporate
204 091
160 571
-
-
income
25 512
20 071
-
-
total
25 512
20 071
-
-
Dividends
178 579
140 500
-
-
withholding
30 359
23 886
-
-
total
30 359
23 886
-
-
Income
240 500
240 500
240 500
240 500
Total tax
70 431
65 295
81 751
79 838
After tax
170 069
175 205
158 749
160 662
Living cost
21 849
21 849
21 849
21 849
Free-cash
148 220
153 356
136 900
138 813

Estimated living cost  is ₽21849 per week

₽13094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽184175
₽172061
₽190990
₽179376
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
240 500
income
-
-
-
25 082
unemployment
-
-
-
27
health
-
-
-
3 415
pensions
-
-
-
6 003
total
-
-
-
34 527
Employee

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

21 660
-
231 277
-
unemployment
107
-
448
-
pensions
3 248
-
13 431
-
income
1 481
-
22 743
-
health
1 841
-
7 611
-
total
6 677
-
44 233
-
Employer

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

21 660
-
231 277
-
health
931
-
3 850
-
pensions
1 191
-
4 925
-
unemployment
107
-
448
-
total
2 229
-
9 223
-
Corporate
216 610
240 500
-
-
income
19 495
21 645
-
-
total
19 495
21 645
-
-
Dividends
197 116
218 855
-
-
withholding
17 740
19 697
-
-
total
17 740
19 697
-
-
Income
240 500
240 500
240 500
240 500
Total tax
46 141
41 342
53 456
34 527
After tax
194 359
199 158
187 044
205 973
Living cost
14 983
14 983
14 983
14 983
Free-cash
179 376
184 175
172 061
190 990

Estimated living cost  is ₽14983 per week

₽9559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133464
₽104227
₽108188
₽129296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
accident
-
-
-
788
income
-
-
-
80 122
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
106 362
Employee
34 893
-
212 616
-
other
34
-
88
-
unemployment
541
-
1 356
-
pensions
1 640
-
4 112
-
income
6 727
-
76 883
-
total
8 942
-
82 439
-
Employer
34 893
-
212 616
-
pensions
8 234
-
20 642
-
accident
691
-
1 732
-
unemployment
1 920
-
4 810
-
other
279
-
700
-
total
11 124
-
27 884
-
Corporate
194 483
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.

29 172
36 075
-
-
total
29 172
36 075
-
-
Dividends
165 311
204 425
-
-
withholding
36 016
45 011
-
-
total
36 016
45 011
-
-
Income
240 500
240 500
240 500
240 500
Total tax
85 254
81 086
110 323
106 362
After tax
155 246
159 414
130 177
134 138
Living cost
25 950
25 950
25 950
25 950
Free-cash
129 296
133 464
104 227
108 188

Estimated living cost  is ₽25950 per week

₽17516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148167
₽153167
₽153302
₽147854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
income
-
-
-
82 897
health
-
-
-
1 007
pensions
-
-
-
1 389
total
-
-
-
85 293
Employee
2 901
-
238 937
-
unemployment
29
-
69
-
pensions
261
-
625
-
income
561
-
82 824
-
health
145
-
347
-
total
996
-
83 865
-
Employer
2 901
-
238 937
-
health
276
-
660
-
pensions
319
-
764
-
unemployment
58
-
139
-
total
653
-
1 563
-
Corporate
236 946
240 500
-
-
income
52 128
52 910
-
-
total
52 128
52 910
-
-
Dividends
184 818
187 590
-
-
withholding
36 964
37 518
-
-
total
36 964
37 518
-
-
Income
240 500
240 500
240 500
240 500
Total tax
90 741
90 428
85 428
85 293
After tax
149 759
150 072
155 072
155 207
Living cost
1 905
1 905
1 905
1 905
Free-cash
147 854
148 167
153 167
153 302

Estimated living cost  is ₽1905 per week

₽1132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157440
₽141631
₽141632
₽152797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
240 500
income
-
-
-
56 183
unemployment
-
-
-
1 046
health
-
-
-
7 184
pensions
-
-
-
18 134
total
-
-
-
82 547
Employee

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

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

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

24 612
-
228 015
-
unemployment
185
-
523
-
pensions
3 446
-
9 765
-
income
3 393
-
56 183
-
health
1 267
-
3 592
-
total
8 291
-
70 063
-
Employer

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

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

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

24 612
-
228 015
-
health
1 267
-
3 592
-
pensions
2 953
-
8 370
-
unemployment
185
-
523
-
total
4 405
-
12 485
-
Corporate
211 483
240 500
-
-
income
31 722
36 075
-
-
total
31 722
36 075
-
-
Dividends
179 760
204 425
-
-
withholding
26 964
30 664
-
-
total
26 964
30 664
-
-
Income
240 500
240 500
240 500
240 500
Total tax
71 382
66 739
82 548
82 547
After tax
169 118
173 761
157 952
157 953
Living cost
16 321
16 321
16 321
16 321
Free-cash
152 797
157 440
141 631
141 632

Estimated living cost  is ₽16321 per week

₽10989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111354
₽78758
₽98593
₽111016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
240 500
income
-
-
-
32 892
surtax
-
-
-
-
social contributions

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

-
-
-
83 574
total
-
-
-
116 466
Employee
36 626
-
194 342
-
surtax
-
-
743
-
social contributions
4 029
-
21 378
-
income
7 156
-
68 024
-
total
11 185
-
90 145
-
Employer
36 626
-
194 342
-
social contributions
8 698
-
46 156
-
total
8 698
-
46 156
-
Corporate
195 176
240 500
-
-
income
40 988
50 506
-
-
surtax
-
-
-
-
total
40 988
50 506
-
-
Dividends
154 189
189 994
-
-
withholding
43 172
53 199
-
-
total
43 172
53 199
-
-
Income
240 500
240 500
240 500
240 500
Total tax
104 043
103 705
136 301
116 466
After tax
136 457
136 795
104 199
124 034
Living cost
25 441
25 441
25 441
25 441
Free-cash
111 016
111 354
78 758
98 593

Estimated living cost  is ₽25441 per week

₽18019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126249
₽97012
₽100973
₽120072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
accident
-
-
-
788
income
-
-
-
80 122
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
106 362
Employee
45 575
-
212 616
-
other
45
-
88
-
unemployment
706
-
1 356
-
pensions
2 142
-
4 112
-
income
9 519
-
76 883
-
total
12 412
-
82 439
-
Employer
45 575
-
212 616
-
pensions
10 755
-
20 642
-
accident
903
-
1 732
-
unemployment
2 507
-
4 810
-
other
365
-
700
-
total
14 530
-
27 884
-
Corporate
180 395
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.

27 059
36 075
-
-
total
27 059
36 075
-
-
Dividends
153 336
204 425
-
-
withholding
33 262
45 011
-
-
total
33 262
45 011
-
-
Income
240 500
240 500
240 500
240 500
Total tax
87 263
81 086
110 323
106 362
After tax
153 237
159 414
130 177
134 138
Living cost
33 165
33 165
33 165
33 165
Free-cash
120 072
126 249
97 012
100 973

Estimated living cost  is ₽33165 per week

₽23817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽189396
₽189626
₽179394
₽183646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
income
-
-
-
36 075
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
44 875
Employee
21 492
-
234 034
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

1 887
-
2 894
-
income
2 150
-
23 403
-
health
989
-
1 516
-
total
5 262
-
28 176
-
Employer
21 492
-
234 034
-
health
1 483
-
2 274
-
pensions

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

2 368
-
3 632
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
unemployment
129
-
198
-
total
4 216
-
6 467
-
Corporate
214 791
240 500
-
-
income
21 479
24 050
-
-
total
21 479
24 050
-
-
Dividends
193 312
216 450
-
-
withholding
9 666
10 823
-
-
total
9 666
10 823
-
-
Income
240 500
240 500
240 500
240 500
Total tax
40 623
34 873
34 643
44 875
After tax
199 877
205 627
205 857
195 625
Living cost
16 231
16 231
16 231
16 231
Free-cash
183 646
189 396
189 626
179 394

Estimated living cost  is ₽16231 per week

₽10735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87218
₽110503
₽82287
₽99566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
240 500
income

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

-
-
-
82 577
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.

-
-
-
4 541
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.

-
-
-
6 447
trade
-
-
-
28 216
total
-
-
-
121 781
Employee

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

46 953
-
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.

213
-
4 541
-
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.

3 861
-
82 577
-
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.

6 447
-
6 447
-
total
10 521
-
93 565
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
193 547
240 500
-
-
income
29 032
36 075
-
-
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.

1 597
1 984
-
-
chamber of commerce
426
496
-
-
trade
27 773
34 512
-
-
total
58 828
73 067
-
-
Dividends
134 718
167 432
-
-
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.

1 832
2 283
-
-
withholding
33 321
41 500
-
-
total
35 153
43 783
-
-
Income
240 500
240 500
240 500
240 500
Total tax
104 502
116 850
93 565
121 781
After tax
135 998
123 650
146 935
118 719
Living cost
36 432
36 432
36 432
36 432
Free-cash
99 566
87 218
110 503
82 287

Estimated living cost  is ₽36432 per week

₽25132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114596
₽64298
₽64298
₽116677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 602
social contributions
-
-
-
41 845
total
-
-
-
122 447
Employee
73 816
-
240 500
-
income
13 929
-
80 602
-
social contributions
6 133
-
41 845
-
total
20 062
-
122 447
-
Employer
73 816
-
240 500
-
total
-
-
-
-
Corporate
166 684
240 500
-
-
income
20 836
30 062
-
-
total
20 836
30 062
-
-
Dividends
145 848
210 438
-
-
withholding
29 170
42 087
-
-
total
29 170
42 087
-
-
Income
240 500
240 500
240 500
240 500
Total tax
70 068
72 149
122 447
122 447
After tax
170 432
168 351
118 053
118 053
Living cost
53 755
53 755
53 755
53 755
Free-cash
116 677
114 596
64 298
64 298

Estimated living cost  is ₽53755 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117085
₽132212
₽164461
₽120382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 709
total
-
-
-
41 784
Employee
43 290
-
236 159
-
income
4 697
-
65 351
-
social contributions
4 337
-
4 341
-
total
9 034
-
69 692
-
Employer
43 290
-
236 159
-
social contributions
4 337
-
4 341
-
total
4 337
-
4 341
-
Corporate
192 873
240 500
-
-
income
67 506
84 174
-
-
total
67 506
84 174
-
-
Dividends
125 367
156 326
-
-
social contributions
4 986
4 986
-
-
total
4 986
4 986
-
-
Income
240 500
240 500
240 500
240 500
Total tax
85 863
89 160
74 033
41 784
After tax
154 637
151 340
166 467
198 716
Living cost
34 255
34 255
34 255
34 255
Free-cash
120 382
117 085
132 212
164 461

Estimated living cost  is ₽34255 per week

₽22564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2701
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.
₽8465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114414
₽97557
₽118913
₽119987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 672
pensions
-
-
-
9 961
total
-
-
-
86 633
Employee
47 979
-
209 399
-
pensions
3 662
-
11 706
-
income
8 737
-
62 436
-
health
626
-
2 746
-
total
13 025
-
76 888
-
Employer
47 979
-
209 399
-
health
912
-
3 979
-
pensions
4 847
-
27 122
-
total
5 759
-
31 101
-
Corporate
186 761
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.

35 484
45 695
-
-
total
35 484
45 695
-
-
Dividends
151 277
194 805
-
-
withholding
31 291
45 437
-
-
total
31 291
45 437
-
-
Income
240 500
240 500
240 500
240 500
Total tax
85 559
91 132
107 989
86 633
After tax
154 941
149 368
132 511
153 867
Living cost
34 954
34 954
34 954
34 954
Free-cash
119 987
114 414
97 557
118 913

Estimated living cost  is ₽34954 per week

₽23978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7322
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3224
₽110481
₽141440
₽15998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
240 500
accident
-
-
-
241
income
-
-
-
69 717
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
76 356
Employee
35 715
-
220 898
-
pensions
4 022
-
7 272
-
income
4 900
-
55 148
-
health
4 089
-
25 293
-
total
13 011
-
87 713
-
Employer
35 715
-
220 898
-
pensions
5 807
-
10 501
-
accident
596
-
3 689
-
unemployment
875
-
5 412
-
total
7 278
-
19 602
-
Corporate
197 507
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.

177 756
216 450
-
-
total
177 756
216 450
-
-
Dividends
19 751
24 050
-
-
withholding
3 753
4 570
-
-
total
3 753
4 570
-
-
Income
240 500
240 500
240 500
240 500
Total tax
201 798
221 020
107 315
76 356
After tax
38 702
19 480
133 185
164 144
Living cost
22 704
22 704
22 704
22 704
Free-cash
15 998
-3 224
110 481
141 440

Estimated living cost  is ₽22704 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171235
₽166222
₽145469
₽168379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 776
unemployment
-
-
-
1 811
work injury
-
-
-
755
health insurance
-
-
-
11 169
pensions
-
-
-
27 772
total
-
-
-
82 283
Employee

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

20 397
-
240 500
-
health insurance
1 509
-
5 585
-
unemployment
245
-
906
-
work injury
102
-
377
-
pensions
3 753
-
13 886
-
income
2 040
-
40 776
-
total
7 649
-
61 530
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
220 103
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%.

22 010
24 050
-
-
total
22 010
24 050
-
-
Dividends
198 093
216 450
-
-
withholding
29 714
32 467
-
-
total
29 714
32 467
-
-
Income
240 500
240 500
240 500
240 500
Total tax
59 373
56 517
61 530
82 283
After tax
181 127
183 983
178 970
158 217
Living cost
12 748
12 748
12 748
12 748
Free-cash
168 379
171 235
166 222
145 469

Estimated living cost  is ₽12748 per week

₽7898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89086
₽69192
₽76942
₽84793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 230
regional
-
-
-
6 120
municipal
-
-
-
1 739
national
-
-
-
70 876
total
-
-
-
125 965
Employee
79 519
-
240 500
-
municipal
475
-
1 606
-
national
13 438
-
64 558
-
regional
1 201
-
5 631
-
social contributions
26 813
-
61 920
-
total
41 927
-
133 715
-
Employer
79 519
-
240 500
-
total
-
-
-
-
Corporate
160 981
240 500
-
-
municipal
7 759
11 592
-
-
nationa
38 636
57 721
-
-
total
46 395
69 313
-
-
Dividends
114 585
171 188
-
-
withholding
29 792
44 508
-
-
total
29 792
44 508
-
-
Income
240 500
240 500
240 500
240 500
Total tax
118 114
113 821
133 715
125 965
After tax
122 386
126 679
106 785
114 535
Living cost
37 593
37 593
37 593
37 593
Free-cash
84 793
89 086
69 192
76 942

Estimated living cost  is ₽37593 per week

₽26407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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