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
₽ 241500
per

Your estimated
City
free-cash

Dresden , Germany
₽90917
₽102162
₽87114
₽117708
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 500
trade
-
-
-
30 594
income

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

-
-
-
81 579
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.

-
-
-
6 943
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.

-
-
-
4 488
total
-
-
-
123 604
Employee

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

38 870
-
241 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 943
-
6 943
-
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.

60
-
4 488
-
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.

1 086
-
81 579
-
total
8 089
-
93 010
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
202 630
241 500
-
-
surtax

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

1 672
1 992
-
-
income
30 394
36 226
-
-
trade
31 914
38 037
-
-
chamber of commerce
445
501
-
-
total
64 425
76 756
-
-
Dividends
138 205
164 744
-
-
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.

1 878
2 245
-
-
withholding
34 164
40 800
-
-
total
36 042
43 045
-
-
Income
241 500
241 500
241 500
241 500
Total tax
108 556
119 801
93 010
123 604
After tax
132 944
121 699
148 490
117 896
Living cost
30 782
30 782
30 782
30 782
Free-cash
102 162
90 917
117 708
87 114

Estimated living cost  is ₽30782 per week

₽19363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99421
₽98569
₽85287
₽86583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
municipal
-
-
-
26 905
pensions
-
-
-
28 980
national
-
-
-
46 457
social contributions
-
-
-
2 596
total
-
-
-
104 938
Employee
79 485
-
208 775
-
municipal
9 818
-
27 840
-
pensions
3 179
-
8 351
-
national
15 213
-
48 505
-
total
28 210
-
84 696
-
Employer
79 485
-
208 775
-
social contributions
854
-
2 244
-
pensions
6 359
-
16 702
-
total
7 213
-
18 946
-
Corporate
149 555
241 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

29 911
48 300
-
-
total
29 911
48 300
-
-
Dividends
119 644
193 200
-
-
withholding
26 322
42 504
-
-
total
26 322
42 504
-
-
Income
241 500
241 500
241 500
241 500
Total tax
91 656
90 804
103 642
104 938
After tax
149 844
150 696
137 858
136 562
Living cost
51 275
51 275
51 275
51 275
Free-cash
98 569
99 421
86 583
85 287

Estimated living cost  is ₽51275 per week

₽34851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172057
₽163722
₽67565
₽84533
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 500
microenterprise
-
-
-
-
income
-
-
-
52 273
surtax
-
-
-
61 582
social contributions

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

-
-
-
38 937
total
-
-
-
152 792
Employee
29 696
-
191 283
-
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.

3 267
-
13 322
-
surtax
-
-
27 736
-
income
5 286
-
44 549
-
total
8 553
-
85 607
-
Employer
29 696
-
191 283
-
social contributions

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

7 153
-
29 177
-
surtax
-
-
21 040
-
total
7 153
-
50 217
-
Corporate
204 651
241 500
-
-
income

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

40 929
48 300
-
-
total
40 929
48 300
-
-
Dividends

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

163 722
193 200
-
-
total
-
-
-
-
Income
241 500
241 500
241 500
241 500
Total tax
56 635
48 300
135 824
152 792
After tax
184 865
193 200
105 676
88 708
Living cost
21 142
21 142
21 142
21 142
Free-cash
163 722
172 057
84 533
67 565

Estimated living cost  is ₽21142 per week

₽13488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
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.
₽5161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77924
₽71699
₽86406
₽111854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
88 082
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
112 521
Employee
86 784
86 784
222 614
-
health
13 320
11 330
12 532
-
income

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

14 205
14 205
43 748
-
pensions
15 621
11 907
11 907
-
total
43 146
37 442
68 187
-
Employer
86 784
86 784
222 614
-
unemployment
3 124
3 124
3 882
-
pensions
6 040
6 040
7 508
-
health
6 032
6 032
7 496
-
total
15 196
15 196
18 886
-
Corporate
140 583
139 519
-
-
income
28 116
27 904
-
-
total
28 116
27 904
-
-
Dividends
112 467
111 615
-
-
income
23 899
23 719
-
-
withholding
16 871
16 742
-
-
total
40 770
40 461
-
-
Income
241 500
241 500
241 500
241 500
Total tax
127 228
121 003
87 073
112 521
After tax
114 272
120 497
154 427
128 979
Living cost
42 573
42 573
42 573
42 573
Free-cash
71 699
77 924
111 854
86 406

Estimated living cost  is ₽42573 per week

₽30170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92702
₽91824
₽80616
₽79666
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
municipal
-
-
-
64 602
accident
-
-
-
172
pensions
-
-
-
9 277
other
-
-
-
9 972
unemployment
-
-
-
86
health
-
-
-
5 355
national
-
-
-
32 263
total
-
-
-
121 727
Employee
55 795
-
214 536
-
municipal
16 638
-
63 975
-
national
-
-
31 737
-
total
16 638
-
95 712
-
Employer
55 795
-
214 536
-
accident
112
-
172
-
other
6 483
-
9 972
-
unemployment
1 473
-
2 266
-
pensions
6 031
-
9 277
-
health
3 431
-
5 278
-
total
17 530
-
26 965
-
Corporate
168 175
241 500
-
-
income
36 998
53 130
-
-
total
36 998
53 130
-
-
Dividends
131 176
188 370
-
-
withholding
39 353
56 511
-
-
total
39 353
56 511
-
-
Income
241 500
241 500
241 500
241 500
Total tax
110 519
109 641
122 677
121 727
After tax
130 981
131 859
118 823
119 773
Living cost
39 157
39 157
39 157
39 157
Free-cash
91 824
92 702
79 666
80 616

Estimated living cost  is ₽39157 per week

₽25951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80535
₽94817
₽76613
₽108567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 500
trade
-
-
-
31 954
income

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

-
-
-
81 579
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.

-
-
-
6 943
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.

-
-
-
4 488
total
-
-
-
124 964
Employee

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

51 537
-
241 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 943
-
6 943
-
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.

243
-
4 488
-
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.

4 428
-
81 579
-
total
11 614
-
93 010
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 963
241 500
-
-
surtax

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

1 568
1 992
-
-
income
28 494
36 226
-
-
trade
31 248
39 726
-
-
chamber of commerce
424
498
-
-
total
61 734
78 442
-
-
Dividends
128 229
163 058
-
-
surtax

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

1 741
2 222
-
-
withholding
31 671
40 378
-
-
total
33 412
42 600
-
-
Income
241 500
241 500
241 500
241 500
Total tax
106 760
121 042
93 010
124 964
After tax
134 740
120 458
148 490
116 536
Living cost
39 923
39 923
39 923
39 923
Free-cash
94 817
80 535
108 567
76 613

Estimated living cost  is ₽39923 per week

₽26701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143010
₽138796
₽128974
₽127021
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
56 963
health
-
-
-
6 158
social contributions
-
-
-
16 443
total
-
-
-
79 564
Employee
78 145
78 145
228 525
-
social contributions
3 797
6 486
8 748
-
health
777
1 329
3 884
-
income
8 206
7 234
55 910
-
total
12 780
15 049
68 542
-
Employer
78 145
78 145
228 525
-
social contributions
3 797
6 486
8 748
-
health
847
1 446
4 227
-
total
4 644
7 932
12 975
-
Corporate
191 113
155 422
-
-
income
23 889
19 428
-
-
total
23 889
19 428
-
-
Dividends
167 224
135 994
-
-
withholding
28 429
23 119
-
-
total
28 429
23 119
-
-
Income
241 500
241 500
241 500
241 500
Total tax
69 742
65 528
81 517
79 564
After tax
171 758
175 972
159 983
161 936
Living cost
32 962
32 962
32 962
32 962
Free-cash
138 796
143 010
127 021
128 974

Estimated living cost  is ₽32962 per week

₽22533
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.
₽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.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117120
₽117504
₽148891
₽121591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
29 523
pensions
-
-
-
24 150
unemployment
-
-
-
3 622
health
-
-
-
16 905
total
-
-
-
74 200
Employee

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
202 092
-
health
1 860
740
14 146
-
income
3 249
1 293
24 706
-
pensions
2 657
1 058
20 209
-
unemployment
399
159
3 031
-
total
8 165
3 250
62 092
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
202 092
-
pensions
5 182
2 062
39 408
-
total
5 182
2 062
39 408
-
Corporate
209 745
228 862
-
-
income
18 877
20 598
-
-
total
18 877
20 598
-
-
Dividends
190 868
208 264
-
-
social contributions
37 098
40 491
-
-
withholding
36 265
39 570
-
-
total
73 363
80 061
-
-
Income
241 500
241 500
241 500
241 500
Total tax
105 587
105 971
101 500
74 200
After tax
135 913
135 529
140 000
167 300
Living cost
18 409
18 409
18 409
18 409
Free-cash
117 504
117 120
121 591
148 891

Estimated living cost  is ₽18409 per week

₽12562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168654
₽162342
₽104898
₽114651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
32 361
pensions
-
-
-
48 300
health
-
-
-
31 395
total
-
-
-
112 056
Employee
28 830
-
180 492
-
income
3 246
-
34 799
-
pensions
577
-
3 610
-
unemployment
461
-
2 887
-
total
4 284
-
41 296
-
Employer
28 830
-
180 492
-
unemployment
231
-
1 444
-
pensions
5 766
-
36 098
-
health
3 747
-
23 465
-
total
9 744
-
61 007
-
Corporate
202 925
241 500
-
-
income
40 584
48 300
-
-
total
40 584
48 300
-
-
Dividends
162 341
193 200
-
-
total
-
-
-
-
Income
241 500
241 500
241 500
241 500
Total tax
54 612
48 300
102 303
112 056
After tax
186 888
193 200
139 197
129 444
Living cost
24 546
24 546
24 546
24 546
Free-cash
162 342
168 654
114 651
104 898

Estimated living cost  is ₽24546 per week

₽16836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
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.
₽5755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2635
₽16157
₽142664
₽111224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
accident
-
-
-
255
income
-
-
-
69 613
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
76 640
Employee
34 915
-
221 269
-
health
3 998
-
25 335
-
income
4 790
-
54 817
-
pensions
3 932
-
7 697
-
total
12 720
-
87 849
-
Employer
34 915
-
221 269
-
accident
583
-
3 695
-
unemployment
855
-
5 421
-
pensions
5 677
-
11 115
-
total
7 115
-
20 231
-
Corporate
199 469
241 500
-
-
income

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

179 522
217 350
-
-
total
179 522
217 350
-
-
Dividends
19 947
24 150
-
-
withholding
3 790
4 589
-
-
total
3 790
4 589
-
-
Income
241 500
241 500
241 500
241 500
Total tax
203 147
221 939
108 080
76 640
After tax
38 353
19 561
133 420
164 860
Living cost
22 196
22 196
22 196
22 196
Free-cash
16 157
-2 635
111 224
142 664

Estimated living cost  is ₽22196 per week

₽16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽220163
₽218427
₽229823
₽183938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
241 500
microenterprise

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

-
-
-
2 415
total
-
-
-
2 415
Employee
11 577
-
241 500
-
income
2 315
-
48 300
-
total
2 315
-
48 300
-
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%.

229 923
241 500
-
-
total
-
-
-
-
Dividends
229 923
241 500
-
-
withholding
11 496
12 075
-
-
total
11 496
12 075
-
-
Income
241 500
241 500
241 500
241 500
Total tax
13 811
12 075
48 300
2 415
After tax
227 689
229 425
193 200
239 085
Living cost
9 262
9 262
9 262
9 262
Free-cash
218 427
220 163
183 938
229 823

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150351
₽143489
₽119924
₽117958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
43 267
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.

-
-
-
37 090
other
-
-
-
7 340
health
-
-
-
6 800
total
-
-
-
94 497
Employee
36 899
-
202 175
-
health
517
-
2 164
-
income
6 353
-
42 611
-
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.

2 582
-
10 817
-
unemployment
368
-
1 545
-
total
9 820
-
57 137
-
Employer
36 899
-
202 175
-
accident
295
-
1 618
-
other
1 846
-
7 726
-
unemployment
368
-
1 545
-
pensions

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

6 274
-
26 273
-
health
517
-
2 164
-
total
9 300
-
39 326
-
Corporate
195 301
241 500
-
-
income
41 012
50 715
-
-
total
41 012
50 715
-
-
Dividends
154 289
190 785
-
-
withholding
10 800
13 355
-
-
total
10 800
13 355
-
-
Income
241 500
241 500
241 500
241 500
Total tax
70 932
64 070
96 463
94 497
After tax
170 568
177 430
145 037
147 003
Living cost
27 079
27 079
27 079
27 079
Free-cash
143 489
150 351
117 958
119 924

Estimated living cost  is ₽27079 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83061
₽91297
₽87130
₽65607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
75 533
pensions
-
-
-
10 428
total
-
-
-
85 961
Employee
96 788
-
210 395
-
health
1 595
-
2 812
-
income
17 447
-
61 187
-
pensions
9 337
-
12 379
-
total
28 379
-
76 378
-
Employer
96 788
-
210 395
-
pensions
11 428
-
27 107
-
health
1 838
-
3 999
-
total
13 266
-
31 106
-
Corporate
131 446
241 500
-
-
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.

24 976
45 885
-
-
total
24 976
45 885
-
-
Dividends
106 470
195 615
-
-
withholding
15 173
44 145
-
-
total
15 173
44 145
-
-
Income
241 500
241 500
241 500
241 500
Total tax
81 794
90 030
107 484
85 961
After tax
159 706
151 470
134 016
155 539
Living cost
68 409
68 409
68 409
68 409
Free-cash
91 297
83 061
65 607
87 130

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽193160
₽188441
₽182476
₽192623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
36 225
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
45 702
Employee
17 640
-
234 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
23 453
-
pensions

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

1 549
-
3 116
-
total
4 318
-
28 592
-
Employer
17 640
-
234 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
220 398
241 500
-
-
income
22 040
24 150
-
-
total
22 040
24 150
-
-
Dividends
198 358
217 350
-
-
withholding
9 918
10 868
-
-
total
9 918
10 868
-
-
Income
241 500
241 500
241 500
241 500
Total tax
39 737
35 018
35 555
45 702
After tax
201 763
206 482
205 945
195 798
Living cost
13 322
13 322
13 322
13 322
Free-cash
188 441
193 160
192 623
182 476

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64144
₽66702
₽72626
₽98074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
88 082
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
112 521
Employee
94 220
86 784
222 614
-
health
11 754
11 330
12 532
-
income

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

14 205
14 205
43 748
-
pensions
11 907
11 907
11 907
-
total
37 866
37 442
68 187
-
Employer
94 220
86 784
222 614
-
unemployment
3 392
3 124
3 882
-
pensions
6 557
6 040
7 508
-
health
6 547
6 032
7 496
-
total
16 496
15 196
18 886
-
Corporate
130 783
139 519
-
-
income
26 157
27 904
-
-
total
26 157
27 904
-
-
Dividends
104 626
111 615
-
-
income
22 232
23 719
-
-
withholding
15 694
16 742
-
-
total
37 926
40 461
-
-
Income
241 500
241 500
241 500
241 500
Total tax
118 445
121 003
87 073
112 521
After tax
123 055
120 497
154 427
128 979
Living cost
56 353
56 353
56 353
56 353
Free-cash
66 702
64 144
98 074
72 626

Estimated living cost  is ₽56353 per week

₽41570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141984
₽133318
₽119768
₽108985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
26 092
health
-
-
-
32 602
solidarity contribution
-
-
-
3 797
social contributions
-
-
-
34 952
total
-
-
-
97 443
Employee
35 720
-
194 106
-
social contributions
2 322
-
7 780
-
health
4 822
-
26 204
-
solidarity contribution
-
-
2 830
-
income
4 286
-
24 018
-
total
11 430
-
60 832
-
Employer
35 720
-
194 106
-
social contributions
8 930
-
29 924
-
health
3 215
-
17 470
-
total
12 145
-
47 394
-
Corporate
193 635
241 500
-
-
income
36 791
45 885
-
-
total
36 791
45 885
-
-
Dividends
156 845
195 615
-
-
withholding
23 527
29 342
-
-
total
23 527
29 342
-
-
Income
241 500
241 500
241 500
241 500
Total tax
83 893
75 227
108 226
97 443
After tax
157 607
166 273
133 274
144 057
Living cost
24 289
24 289
24 289
24 289
Free-cash
133 318
141 984
108 985
119 768

Estimated living cost  is ₽24289 per week

₽16872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85968
₽80662
₽74312
₽65699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
municipal
-
-
-
1 525
regional
-
-
-
3 115
national
-
-
-
68 803
social contributions
-
-
-
50 863
total
-
-
-
124 306
Employee
90 319
-
241 500
-
social contributions
30 456
-
66 683
-
regional
852
-
2 839
-
municipal
478
-
1 398
-
national
15 650
-
61 999
-
total
47 436
-
132 919
-
Employer
90 319
-
241 500
-
total
-
-
-
-
Corporate
151 181
241 500
-
-
nationa
36 284
57 960
-
-
municipal
5 896
9 419
-
-
total
42 180
67 379
-
-
Dividends
109 002
174 121
-
-
withholding
28 340
45 271
-
-
total
28 340
45 271
-
-
Income
241 500
241 500
241 500
241 500
Total tax
117 956
112 650
132 919
124 306
After tax
123 544
128 850
108 581
117 194
Living cost
42 882
42 882
42 882
42 882
Free-cash
80 662
85 968
65 699
74 312

Estimated living cost  is ₽42882 per week

₽29892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129478
₽126317
₽91032
₽84818
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
77 759
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
13 297
total
-
-
-
128 043
Employee
33 607
-
212 950
-
other
-
-
-
-
health
858
-
3 458
-
surtax
110
-
12 082
-
income
5 633
-
71 680
-
pensions
2 241
-
9 047
-
unemployment
2 339
-
9 440
-
total
11 181
-
105 707
-
Employer
33 607
-
212 950
-
other
-
-
-
-
unemployment
1 065
-
4 299
-
pensions
4 480
-
18 080
-
health
1 529
-
6 171
-
total
7 074
-
28 550
-
Corporate
200 819
241 500
-
-
income
52 213
62 790
-
-
total
52 213
62 790
-
-
Dividends
148 606
178 710
-
-
withholding
22 290
26 807
-
-
total
22 290
26 807
-
-
Income
241 500
241 500
241 500
241 500
Total tax
92 758
89 597
134 257
128 043
After tax
148 742
151 903
107 243
113 457
Living cost
22 425
22 425
22 425
22 425
Free-cash
126 317
129 478
84 818
91 032

Estimated living cost  is ₽22425 per week

₽13712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104735
₽111490
₽108804
₽87281
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
75 533
pensions
-
-
-
10 428
total
-
-
-
85 961
Employee
64 865
-
210 395
-
health
942
-
2 812
-
income
11 682
-
61 187
-
pensions
5 506
-
12 379
-
total
18 130
-
76 378
-
Employer
64 865
-
210 395
-
pensions
7 022
-
27 107
-
health
1 232
-
3 999
-
total
8 254
-
31 106
-
Corporate
168 382
241 500
-
-
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.

31 993
45 885
-
-
total
31 993
45 885
-
-
Dividends
136 389
195 615
-
-
withholding
24 898
44 145
-
-
total
24 898
44 145
-
-
Income
241 500
241 500
241 500
241 500
Total tax
83 275
90 030
107 484
85 961
After tax
158 225
151 470
134 016
155 539
Living cost
46 735
46 735
46 735
46 735
Free-cash
111 490
104 735
87 281
108 804

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽32819
₽66025
₽112998
₽104949
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
city
-
-
-
2 546
pensions
-
-
-
22 218
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.

-
-
-
4 830
regional
-
-
-
13 898
health
-
-
-
544
national
-
-
-
6 853
total
-
-
-
50 889
Employee
90 828
-
217 693
-
city
975
-
2 358
-
regional
2 974
-
12 451
-
health
205
-
490
-
pensions
7 631
-
16 569
-
unemployment
-
-
-
-
national
430
-
5 657
-
total
12 215
-
37 525
-
Employer
90 828
-
217 693
-
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.

1 816
-
4 354
-
unemployment
-
-
-
-
pensions
7 631
-
16 569
-
health
205
-
490
-
total
9 652
-
21 413
-
Corporate
140 022
241 500
-
-
regional
29 614
51 077
-
-
national
11 903
20 528
-
-
total
41 517
71 605
-
-
Dividends
98 505
169 895
-
-
withholding
34 478
59 463
-
-
total
34 478
59 463
-
-
Income
241 500
241 500
241 500
241 500
Total tax
97 862
131 068
58 938
50 889
After tax
143 638
110 432
182 562
190 611
Living cost
77 613
77 613
77 613
77 613
Free-cash
66 025
32 819
104 949
112 998

Estimated living cost  is ₽77613 per week

₽50471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽72660
₽89142
₽68621
₽101935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 500
trade
-
-
-
33 314
income

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

-
-
-
81 579
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.

-
-
-
6 943
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.

-
-
-
4 488
total
-
-
-
126 324
Employee

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

61 075
-
241 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 943
-
6 943
-
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.

395
-
4 488
-
income

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

7 182
-
81 579
-
total
14 520
-
93 010
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 425
241 500
-
-
surtax

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

1 489
1 992
-
-
income
27 063
36 226
-
-
trade
30 943
41 417
-
-
chamber of commerce
409
494
-
-
total
59 904
80 129
-
-
Dividends
120 520
161 371
-
-
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.

1 635
2 199
-
-
withholding
29 744
39 957
-
-
total
31 379
42 156
-
-
Income
241 500
241 500
241 500
241 500
Total tax
105 803
122 285
93 010
126 324
After tax
135 697
119 215
148 490
115 176
Living cost
46 555
46 555
46 555
46 555
Free-cash
89 142
72 660
101 935
68 621

Estimated living cost  is ₽46555 per week

₽34002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86944
₽92950
₽96267
₽88373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
46 828
pensions
-
-
-
37 106
other
-
-
-
7 487
health
-
-
-
12 161
surtax
-
-
-
-
social contributions
-
-
-
6 881
total
-
-
-
110 463
Employee
43 494
-
183 646
-
social contributions
1 240
-
5 232
-
surtax
-
-
-
-
income
2 567
-
41 147
-
pensions
4 918
-
14 123
-
total
8 725
-
60 502
-
Employer
43 494
-
183 646
-
other
1 500
-
7 740
-
social contributions
131
-
552
-
unemployment
1 761
-
7 438
-
pensions
7 145
-
23 533
-
health
3 045
-
18 592
-
total
13 582
-
57 855
-
Corporate
184 423
241 500
-
-
surtax
-
-
-
-
income
51 639
67 621
-
-
total
51 639
67 621
-
-
Dividends
132 784
173 879
-
-
surtax
-
-
-
-
social contributions
22 838
29 908
-
-
withholding
16 996
22 257
-
-
total
39 834
52 165
-
-
Income
241 500
241 500
241 500
241 500
Total tax
113 780
119 786
118 357
110 463
After tax
127 720
121 714
123 143
131 037
Living cost
34 770
34 770
34 770
34 770
Free-cash
92 950
86 944
88 373
96 267

Estimated living cost  is ₽34770 per week

₽21924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90389
₽96036
₽99712
₽91818
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
46 828
pensions
-
-
-
37 106
other
-
-
-
7 487
health
-
-
-
12 161
surtax
-
-
-
-
social contributions
-
-
-
6 881
total
-
-
-
110 463
Employee
38 825
-
183 646
-
social contributions
1 107
-
5 232
-
surtax
-
-
-
-
income
2 002
-
41 147
-
pensions
4 391
-
14 123
-
total
7 500
-
60 502
-
Employer
38 825
-
183 646
-
other
1 340
-
7 740
-
social contributions
116
-
552
-
unemployment
1 572
-
7 438
-
pensions
6 380
-
23 533
-
health
2 717
-
18 592
-
total
12 125
-
57 855
-
Corporate
190 550
241 500
-
-
surtax
-
-
-
-
income
53 355
67 621
-
-
total
53 355
67 621
-
-
Dividends
137 195
173 879
-
-
surtax
-
-
-
-
social contributions
23 598
29 908
-
-
withholding
17 561
22 257
-
-
total
41 159
52 165
-
-
Income
241 500
241 500
241 500
241 500
Total tax
114 139
119 786
118 357
110 463
After tax
127 361
121 714
123 143
131 037
Living cost
31 325
31 325
31 325
31 325
Free-cash
96 036
90 389
91 818
99 712

Estimated living cost  is ₽31325 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125787
₽126317
₽133541
₽126726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
36 226
health
-
-
-
16 857
social contributions
-
-
-
33 327
total
-
-
-
86 410
Employee
34 457
-
241 500
-
social contributions
4 756
-
33 327
-
health
2 405
-
16 857
-
income
5 747
-
43 041
-
total
12 908
-
93 225
-
Employer
34 457
-
241 500
-
total
-
-
-
-
Corporate
207 043
241 500
-
-
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%.

10 352
12 075
-
-
total
10 352
12 075
-
-
Dividends
196 690
229 425
-
-
health
13 729
16 015
-
-
social contributions
27 142
31 661
-
-
withholding
29 503
34 413
-
-
total
70 374
82 089
-
-
Income
241 500
241 500
241 500
241 500
Total tax
93 634
94 164
93 225
86 410
After tax
147 866
147 336
148 275
155 090
Living cost
21 549
21 549
21 549
21 549
Free-cash
126 317
125 787
126 726
133 541

Estimated living cost  is ₽21549 per week

₽14422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97216
₽95642
₽87698
₽27246
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
chamber of commerce
-
-
-
966
income
-
-
-
79 547
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
201
total
-
-
-
117 993
Employee
50 788
40 499
201 116
-
other
507
405
1 188
-
health
1 965
1 568
4 594
-
income
5 782
2 987
67 244
-
pensions
5 201
4 146
12 158
-
unemployment
1 524
1 215
3 562
-
total
14 979
10 321
88 746
-
Employer
50 788
40 499
201 116
-
accident
660
526
1 543
-
other
2 413
1 923
8 852
-
chamber of commerce
202
162
804
-
unemployment
1 524
1 215
3 562
-
surtax
201
201
201
-
pensions
6 374
5 084
14 900
-
payroll
1 524
1 215
6 034
-
health
1 919
1 531
4 488
-
total
14 817
11 857
40 384
-
Corporate
175 897
189 144
197 259
-
income

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

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

43 975
47 286
49 315
-
total
43 975
47 286
49 315
-
Dividends
131 922
141 858
-
-
withholding
36 278
39 011
-
-
total
36 278
39 011
-
-
Income
241 500
241 500
241 500
241 500
Total tax
110 049
108 475
178 445
117 993
After tax
131 451
133 025
63 055
123 507
Living cost
35 809
35 809
35 809
35 809
Free-cash
95 642
97 216
27 246
87 698

Estimated living cost  is ₽35809 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94754
₽82638
₽68050
₽44483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
national
-
-
-
98 090
communal

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

-
-
-
12 969
social contributions
-
-
-
25 337
total
-
-
-
136 396
Employee

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

72 694
-
187 051
-
communal

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

3 792
-
9 756
-
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.

3 415
-
8 790
-
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.

5 452
-
14 028
-
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.

633
-
1 628
-
national
22 349
-
71 312
-
total
35 641
-
105 514
-
Employer

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

72 694
-
187 051
-
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.

945
-
2 432
-
unemployment

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

1 061
-
2 731
-
surtax
8 243
-
21 210
-
pensions

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

6 441
-
16 572
-
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.

4 470
-
11 504
-
total
21 160
-
54 449
-
Corporate
147 646
241 500
-
-
surtax
590
1 053
-
-
income
29 530
52 678
-
-
total
30 120
53 731
-
-
Dividends
117 526
187 769
-
-
withholding

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

34 887
55 961
-
-
total
34 887
55 961
-
-
Income
241 500
241 500
241 500
241 500
Total tax
121 808
109 692
159 963
136 396
After tax
119 692
131 808
81 537
105 104
Living cost
37 054
37 054
37 054
37 054
Free-cash
82 638
94 754
44 483
68 050

Estimated living cost  is ₽37054 per week

₽23868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123520
₽116556
₽98128
₽93865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
accident
-
-
-
849
income
-
-
-
78 412
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
106 671
Employee
50 587
-
211 471
-
other
50
-
94
-
income
10 674
-
74 923
-
pensions
2 378
-
4 428
-
unemployment
785
-
1 460
-
total
13 887
-
80 905
-
Employer
50 587
-
211 471
-
accident
1 001
-
1 865
-
other
403
-
754
-
unemployment
2 783
-
5 180
-
pensions
11 938
-
22 230
-
total
16 125
-
30 029
-
Corporate
174 789
241 500
-
-
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.

26 219
36 226
-
-
total
26 219
36 226
-
-
Dividends
148 570
205 274
-
-
withholding
32 012
45 053
-
-
total
32 012
45 053
-
-
Income
241 500
241 500
241 500
241 500
Total tax
88 243
81 279
110 934
106 671
After tax
153 257
160 221
130 566
134 829
Living cost
36 701
36 701
36 701
36 701
Free-cash
116 556
123 520
93 865
98 128

Estimated living cost  is ₽36701 per week

₽27027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
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.
₽6542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80405
₽66429
₽57175
₽66803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
accident
-
-
-
2 037
income
-
-
-
46 660
pensions
-
-
-
36 199
health
-
-
-
16 967
surtax
-
-
-
11 972
communal
-
-
-
15 262
total
-
-
-
129 097
Employee
76 960
-
215 719
-
health
3 425
-
9 600
-
surtax
4 717
-
13 220
-
income
7 434
-
53 613
-
pensions
6 156
-
17 257
-
total
21 732
-
93 690
-
Employer
76 960
-
215 719
-
accident
692
-
1 942
-
pensions
6 156
-
17 257
-
health
2 347
-
6 580
-
total
9 195
-
25 779
-
Corporate
155 344
241 500
-
-
surtax
1 632
2 536
-
-
communal
10 485
16 302
-
-
income
23 303
36 226
-
-
total
35 420
55 064
-
-
Dividends
119 925
186 436
-
-
income
35 507
22 837
-
-
withholding
17 989
27 966
-
-
total
53 496
50 803
-
-
Income
241 500
241 500
241 500
241 500
Total tax
119 843
105 867
119 469
129 097
After tax
121 657
135 633
122 031
112 403
Living cost
55 228
55 228
55 228
55 228
Free-cash
66 429
80 405
66 803
57 175

Estimated living cost  is ₽55228 per week

₽41429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129077
₽125846
₽90631
₽84417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
77 759
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
13 297
total
-
-
-
128 043
Employee
34 224
-
212 950
-
other
-
-
-
-
health
874
-
3 458
-
surtax
121
-
12 082
-
income
5 737
-
71 680
-
pensions
2 283
-
9 047
-
unemployment
2 382
-
9 440
-
total
11 397
-
105 707
-
Employer
34 224
-
212 950
-
other
-
-
-
-
unemployment
1 086
-
4 299
-
pensions
4 563
-
18 080
-
health
1 556
-
6 171
-
total
7 205
-
28 550
-
Corporate
200 071
241 500
-
-
income
52 019
62 790
-
-
total
52 019
62 790
-
-
Dividends
148 052
178 710
-
-
withholding
22 207
26 807
-
-
total
22 207
26 807
-
-
Income
241 500
241 500
241 500
241 500
Total tax
92 828
89 597
134 257
128 043
After tax
148 672
151 903
107 243
113 457
Living cost
22 826
22 826
22 826
22 826
Free-cash
125 846
129 077
84 417
90 631

Estimated living cost  is ₽22826 per week

₽13781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99562
₽97305
₽89063
₽80495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
municipal
-
-
-
1 525
regional
-
-
-
3 870
national
-
-
-
68 803
social contributions
-
-
-
50 863
total
-
-
-
125 061
Employee
56 373
-
241 500
-
social contributions
19 010
-
66 683
-
regional
759
-
3 549
-
municipal
299
-
1 398
-
national
8 931
-
61 999
-
total
28 999
-
133 629
-
Employer
56 373
-
241 500
-
total
-
-
-
-
Corporate
185 127
241 500
-
-
nationa
44 430
57 960
-
-
municipal
9 201
12 003
-
-
total
53 631
69 963
-
-
Dividends
131 496
171 536
-
-
withholding
34 189
44 599
-
-
total
34 189
44 599
-
-
Income
241 500
241 500
241 500
241 500
Total tax
116 819
114 562
133 629
125 061
After tax
124 681
126 938
107 871
116 439
Living cost
27 376
27 376
27 376
27 376
Free-cash
97 305
99 562
80 495
89 063

Estimated living cost  is ₽27376 per week

₽17025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136342
₽125665
₽114126
₽103343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
26 092
health
-
-
-
32 602
solidarity contribution
-
-
-
3 797
social contributions
-
-
-
34 952
total
-
-
-
97 443
Employee
44 016
-
194 106
-
social contributions
2 861
-
7 780
-
health
5 942
-
26 204
-
solidarity contribution
-
-
2 830
-
income
5 282
-
24 018
-
total
14 085
-
60 832
-
Employer
44 016
-
194 106
-
social contributions
11 004
-
29 924
-
health
3 961
-
17 470
-
total
14 965
-
47 394
-
Corporate
182 518
241 500
-
-
income
34 678
45 885
-
-
total
34 678
45 885
-
-
Dividends
147 840
195 615
-
-
withholding
22 176
29 342
-
-
total
22 176
29 342
-
-
Income
241 500
241 500
241 500
241 500
Total tax
85 904
75 227
108 226
97 443
After tax
155 596
166 273
133 274
144 057
Living cost
29 931
29 931
29 931
29 931
Free-cash
125 665
136 342
103 343
114 126

Estimated living cost  is ₽29931 per week

₽22259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100712
₽100209
₽91286
₽30681
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
chamber of commerce
-
-
-
966
income
-
-
-
79 547
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
-
total
-
-
-
117 792
Employee
44 424
40 499
201 303
-
other
444
405
1 188
-
health
1 718
1 568
4 594
-
income
3 957
2 987
67 337
-
pensions
4 549
4 146
12 158
-
unemployment
1 333
1 215
3 562
-
total
12 001
10 321
88 839
-
Employer
44 424
40 499
201 303
-
accident
577
526
1 543
-
other
2 110
1 923
8 860
-
chamber of commerce
177
162
806
-
unemployment
1 333
1 215
3 562
-
surtax
-
-
-
-
pensions
5 575
5 084
14 900
-
payroll
1 333
1 215
6 038
-
health
1 680
1 531
4 488
-
total
12 785
11 656
40 197
-
Corporate
184 292
189 344
197 446
-
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.

46 073
47 336
49 361
-
total
46 073
47 336
49 361
-
Dividends
138 219
142 008
-
-
withholding
38 010
39 053
-
-
total
38 010
39 053
-
-
Income
241 500
241 500
241 500
241 500
Total tax
108 869
108 366
178 397
117 792
After tax
132 631
133 134
63 103
123 708
Living cost
32 422
32 422
32 422
32 422
Free-cash
100 209
100 712
30 681
91 286

Estimated living cost  is ₽32422 per week

₽19449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽214992
₽212285
₽224652
₽178767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
241 500
microenterprise

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

-
-
-
2 415
total
-
-
-
2 415
Employee
18 042
-
241 500
-
income
3 609
-
48 300
-
total
3 609
-
48 300
-
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%.

223 458
241 500
-
-
total
-
-
-
-
Dividends
223 458
241 500
-
-
withholding
11 173
12 075
-
-
total
11 173
12 075
-
-
Income
241 500
241 500
241 500
241 500
Total tax
14 782
12 075
48 300
2 415
After tax
226 718
229 425
193 200
239 085
Living cost
14 433
14 433
14 433
14 433
Free-cash
212 285
214 992
178 767
224 652

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
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.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139013
₽130513
₽83502
₽78262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 500
income
-
-
-
62 509
pensions
-
-
-
44 104
unemployment
-
-
-
363
health
-
-
-
23 764
total
-
-
-
130 740
Employee

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

44 939
-
208 965
-
health
2 902
-
13 498
-
income
7 750
-
57 265
-
pensions
6 966
-
32 390
-
unemployment
64
-
293
-
total
17 682
-
103 446
-
Employer

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

44 939
-
208 965
-
unemployment
27
-
125
-
pensions
3 977
-
18 493
-
health
2 993
-
13 916
-
total
6 997
-
32 534
-
Corporate
189 564
241 500
-
-
income
36 017
45 886
-
-
total
36 017
45 886
-
-
Dividends
153 547
195 614
-
-
withholding
23 033
29 343
-
-
total
23 033
29 343
-
-
Income
241 500
241 500
241 500
241 500
Total tax
83 729
75 229
135 980
130 740
After tax
157 771
166 271
105 520
110 760
Living cost
27 258
27 258
27 258
27 258
Free-cash
130 513
139 013
78 262
83 502

Estimated living cost  is ₽27258 per week

₽18707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
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.
₽6277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103026
₽54627
₽122993
₽184211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
47 073
social contributions
-
-
-
27 531
total
-
-
-
74 604
Employee
62 951
-
-
-
social contributions
5 162
-
736
-
income
13 886
-
-
-
total
19 048
-
736
-
Employer
62 951
-
-
-
social contributions
88 761
-
12 650
-
total
88 761
-
12 650
-
Corporate
89 788
241 500
-
-
income
19 753
53 130
-
-
total
19 753
53 130
-
-
Dividends
70 034
188 370
-
-
income
15 408
41 441
-
-
total
15 408
41 441
-
-
Income
241 500
241 500
241 500
241 500
Total tax
142 970
94 571
13 386
74 604
After tax
98 530
146 929
228 114
166 896
Living cost
43 903
43 903
43 903
43 903
Free-cash
54 627
103 026
184 211
122 993

Estimated living cost  is ₽43903 per week

₽28486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105487
₽104465
₽93448
₽74105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 500
income
-
-
-
32 254
surtax
-
-
-
-
social contributions

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

-
-
-
83 921
total
-
-
-
116 175
Employee
46 740
-
195 151
-
social contributions
5 141
-
21 467
-
surtax
-
-
486
-
income
9 722
-
67 216
-
total
14 863
-
89 169
-
Employer
46 740
-
195 151
-
social contributions
11 101
-
46 349
-
total
11 101
-
46 349
-
Corporate
183 659
241 500
-
-
surtax
-
-
-
-
income
38 569
50 715
-
-
total
38 569
50 715
-
-
Dividends
145 090
190 785
-
-
withholding
40 625
53 421
-
-
total
40 625
53 421
-
-
Income
241 500
241 500
241 500
241 500
Total tax
105 158
104 136
135 518
116 175
After tax
136 342
137 364
105 982
125 325
Living cost
31 877
31 877
31 877
31 877
Free-cash
104 465
105 487
74 105
93 448

Estimated living cost  is ₽31877 per week

₽23850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72630
₽79618
₽81953
₽74059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
46 828
pensions
-
-
-
37 106
other
-
-
-
7 487
health
-
-
-
12 161
surtax
-
-
-
-
social contributions
-
-
-
6 881
total
-
-
-
110 463
Employee
63 650
-
183 646
-
social contributions
1 813
-
5 232
-
surtax
-
-
-
-
income
5 554
-
41 147
-
pensions
7 199
-
14 123
-
total
14 566
-
60 502
-
Employer
63 650
-
183 646
-
other
2 197
-
7 740
-
social contributions
191
-
552
-
unemployment
2 578
-
7 438
-
pensions
10 458
-
23 533
-
health
4 455
-
18 592
-
total
19 879
-
57 855
-
Corporate
157 970
241 500
-
-
surtax
-
-
-
-
income
44 231
67 621
-
-
total
44 231
67 621
-
-
Dividends
113 739
173 879
-
-
surtax
-
-
-
-
social contributions
19 563
29 908
-
-
withholding
14 559
22 257
-
-
total
34 122
52 165
-
-
Income
241 500
241 500
241 500
241 500
Total tax
112 798
119 786
118 357
110 463
After tax
128 702
121 714
123 143
131 037
Living cost
49 084
49 084
49 084
49 084
Free-cash
79 618
72 630
74 059
81 953

Estimated living cost  is ₽49084 per week

₽33219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽186803
₽183388
₽145156
₽151573
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
12 667
social contributions
-
-
-
53 129
total
-
-
-
65 796
Employee
32 672
-
209 091
-
income
-
-
13 378
-
social contributions
2 123
-
13 592
-
total
2 123
-
26 970
-
Employer
32 672
-
209 091
-
social contributions
5 064
-
32 409
-
total
5 064
-
32 409
-
Corporate
203 764
241 500
-
-
income
20 377
24 149
-
-
total
20 377
24 149
-
-
Dividends
183 387
217 351
-
-
total
-
-
-
-
Income
241 500
241 500
241 500
241 500
Total tax
27 564
24 149
59 379
65 796
After tax
213 936
217 351
182 121
175 704
Living cost
30 548
30 548
30 548
30 548
Free-cash
183 388
186 803
151 573
145 156

Estimated living cost  is ₽30548 per week

₽19752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20098
₽11187
₽89880
₽20098
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
municipal
-
-
-
52 162
pensions
-
-
-
881
national
-
-
-
30 388
labour market
-
-
-
19 250
total
-
-
-
102 681
Employee
206 561
206 561
206 561
-
labour market
16 501
16 501
16 501
-
national
25 235
25 235
25 235
-
municipal
43 986
43 986
43 986
-
pensions
294
294
294
-
total
86 016
86 016
86 016
-
Employer
206 561
206 561
206 561
-
labour market
16 525
16 525
16 525
-
municipal
44 056
44 056
44 056
-
pensions
587
587
587
-
national
25 279
25 279
25 279
-
total
86 447
86 447
86 447
-
Corporate
20 097
-
-
-
income
4 421
-
-
-
total
4 421
-
-
-
Dividends
15 676
-
-
-
withholding
4 490
-
-
-
total
4 490
-
-
-
Income
241 500
241 500
241 500
241 500
Total tax
181 374
172 463
172 463
102 681
After tax
60 126
69 037
69 037
138 819
Living cost
48 939
48 939
48 939
48 939
Free-cash
11 187
20 098
20 098
89 880

Estimated living cost  is ₽48939 per week

₽33495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2307
₽16208
₽142992
₽111552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
accident
-
-
-
255
income
-
-
-
69 613
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
76 640
Employee
34 400
-
221 269
-
health
3 939
-
25 335
-
income
4 719
-
54 817
-
pensions
3 874
-
7 697
-
total
12 532
-
87 849
-
Employer
34 400
-
221 269
-
accident
574
-
3 695
-
unemployment
843
-
5 421
-
pensions
5 593
-
11 115
-
total
7 010
-
20 231
-
Corporate
200 089
241 500
-
-
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.

180 080
217 350
-
-
total
180 080
217 350
-
-
Dividends
20 009
24 150
-
-
withholding
3 802
4 589
-
-
total
3 802
4 589
-
-
Income
241 500
241 500
241 500
241 500
Total tax
203 424
221 939
108 080
76 640
After tax
38 076
19 561
133 420
164 860
Living cost
21 868
21 868
21 868
21 868
Free-cash
16 208
-2 307
111 552
142 992

Estimated living cost  is ₽21868 per week

₽15918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108430
₽111571
₽107668
₽80009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
241 500
municipal
-
-
-
42 877
health
-
-
-
3 296
national
-
-
-
48 642
total
-
-
-
94 815
Employee
53 468
-
203 162
-
health
399
-
2 704
-
municipal
8 758
-
33 065
-
pensions
3 608
-
13 714
-
unemployment
802
-
3 047
-
national
883
-
31 609
-
total
14 450
-
84 139
-
Employer
53 468
-
203 162
-
accident
54
-
202
-
unemployment
347
-
1 321
-
pensions
9 276
-
35 248
-
health
411
-
1 564
-
total
10 088
-
38 335
-
Corporate
177 944
241 500
-
-
income
35 589
48 300
-
-
total
35 589
48 300
-
-
Dividends

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

106 766
144 900
-
-
national
11 567
19 671
-
-
municipal
19 218
26 082
-
-
total
30 785
45 753
-
-
Income
241 500
241 500
241 500
241 500
Total tax
90 912
94 053
122 474
94 815
After tax
150 588
147 447
119 026
146 685
Living cost
39 017
39 017
39 017
39 017
Free-cash
111 571
108 430
80 009
107 668

Estimated living cost  is ₽39017 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152443
₽146910
₽138407
₽136454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
56 963
health
-
-
-
6 158
social contributions
-
-
-
16 443
total
-
-
-
79 564
Employee
78 145
78 145
228 525
-
social contributions
2 955
6 486
8 748
-
health
606
1 329
3 884
-
income
8 509
7 234
55 910
-
total
12 070
15 049
68 542
-
Employer
78 145
78 145
228 525
-
social contributions
2 955
6 486
8 748
-
health
658
1 446
4 227
-
total
3 613
7 932
12 975
-
Corporate
202 290
155 422
-
-
income
25 287
19 428
-
-
total
25 287
19 428
-
-
Dividends
177 003
135 994
-
-
withholding
30 091
23 119
-
-
total
30 091
23 119
-
-
Income
241 500
241 500
241 500
241 500
Total tax
71 061
65 528
81 517
79 564
After tax
170 439
175 972
159 983
161 936
Living cost
23 529
23 529
23 529
23 529
Free-cash
146 910
152 443
136 454
138 407

Estimated living cost  is ₽23529 per week

₽14102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽183851
₽178681
₽190107
₽169724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241 500
income
-
-
-
25 087
pensions
-
-
-
6 464
unemployment
-
-
-
29
health
-
-
-
3 678
total
-
-
-
35 258
Employee

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

23 327
-
231 568
-
health
1 983
-
8 196
-
income
1 595
-
22 568
-
pensions
3 498
-
14 464
-
unemployment
116
-
482
-
total
7 192
-
45 710
-
Employer

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

23 327
-
231 568
-
unemployment
116
-
482
-
pensions
1 282
-
5 303
-
health
1 003
-
4 146
-
total
2 401
-
9 931
-
Corporate
215 772
241 500
-
-
income
19 420
21 735
-
-
total
19 420
21 735
-
-
Dividends
196 352
219 765
-
-
withholding
17 671
19 779
-
-
total
17 671
19 779
-
-
Income
241 500
241 500
241 500
241 500
Total tax
46 684
41 514
55 641
35 258
After tax
194 816
199 986
185 859
206 242
Living cost
16 135
16 135
16 135
16 135
Free-cash
178 681
183 851
169 724
190 107

Estimated living cost  is ₽16135 per week

₽10295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
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.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132275
₽127787
₽106883
₽102620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
accident
-
-
-
849
income
-
-
-
78 412
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
106 671
Employee
37 577
-
211 471
-
other
37
-
94
-
income
7 245
-
74 923
-
pensions
1 767
-
4 428
-
unemployment
582
-
1 460
-
total
9 631
-
80 905
-
Employer
37 577
-
211 471
-
accident
744
-
1 865
-
other
301
-
754
-
unemployment
2 067
-
5 180
-
pensions
8 867
-
22 230
-
total
11 979
-
30 029
-
Corporate
191 943
241 500
-
-
income

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

28 791
36 226
-
-
total
28 791
36 226
-
-
Dividends
163 152
205 274
-
-
withholding
35 366
45 053
-
-
total
35 366
45 053
-
-
Income
241 500
241 500
241 500
241 500
Total tax
85 767
81 279
110 934
106 671
After tax
155 733
160 221
130 566
134 829
Living cost
27 946
27 946
27 946
27 946
Free-cash
127 787
132 275
102 620
106 883

Estimated living cost  is ₽27946 per week

₽18863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147915
₽147459
₽152560
₽152363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
82 659
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
86 159
Employee
4 236
-
239 218
-
health
212
-
507
-
income
820
-
82 552
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
84 073
-
Employer
4 236
-
239 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
236 310
241 500
-
-
income
51 988
53 130
-
-
total
51 988
53 130
-
-
Dividends
184 322
188 370
-
-
withholding
36 864
37 674
-
-
total
36 864
37 674
-
-
Income
241 500
241 500
241 500
241 500
Total tax
91 260
90 804
86 356
86 159
After tax
150 240
150 696
155 144
155 341
Living cost
2 781
2 781
2 781
2 781
Free-cash
147 459
147 915
152 363
152 560

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156926
₽151928
₽139445
₽139445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 500
income
-
-
-
56 134
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 728
total
-
-
-
84 497
Employee

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

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

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

26 477
-
228 069
-
health
1 364
-
3 864
-
income
3 650
-
56 134
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
71 066
-
Employer

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

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

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

26 477
-
228 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
210 284
241 500
-
-
income
31 543
36 225
-
-
total
31 543
36 225
-
-
Dividends
178 741
205 275
-
-
withholding
26 811
30 791
-
-
total
26 811
30 791
-
-
Income
241 500
241 500
241 500
241 500
Total tax
72 014
67 016
84 497
84 497
After tax
169 486
174 484
157 003
157 003
Living cost
17 558
17 558
17 558
17 558
Free-cash
151 928
156 926
139 445
139 445

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109966
₽109601
₽97927
₽78584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 500
income
-
-
-
32 254
surtax
-
-
-
-
social contributions

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

-
-
-
83 921
total
-
-
-
116 175
Employee
39 443
-
195 151
-
social contributions
4 339
-
21 467
-
surtax
-
-
486
-
income
7 707
-
67 216
-
total
12 046
-
89 169
-
Employer
39 443
-
195 151
-
social contributions
9 367
-
46 349
-
total
9 367
-
46 349
-
Corporate
192 690
241 500
-
-
surtax
-
-
-
-
income
40 465
50 715
-
-
total
40 465
50 715
-
-
Dividends
152 225
190 785
-
-
withholding
42 623
53 421
-
-
total
42 623
53 421
-
-
Income
241 500
241 500
241 500
241 500
Total tax
104 501
104 136
135 518
116 175
After tax
136 999
137 364
105 982
125 325
Living cost
27 398
27 398
27 398
27 398
Free-cash
109 601
109 966
78 584
97 927

Estimated living cost  is ₽27398 per week

₽19405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124505
₽117854
₽99113
₽94850
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
accident
-
-
-
849
income
-
-
-
78 412
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
106 671
Employee
49 081
-
211 471
-
other
48
-
94
-
income
10 251
-
74 923
-
pensions
2 307
-
4 428
-
unemployment
760
-
1 460
-
total
13 366
-
80 905
-
Employer
49 081
-
211 471
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 700
-
5 180
-
pensions
11 583
-
22 230
-
total
15 648
-
30 029
-
Corporate
176 771
241 500
-
-
income

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

26 516
36 226
-
-
total
26 516
36 226
-
-
Dividends
150 256
205 274
-
-
withholding
32 400
45 053
-
-
total
32 400
45 053
-
-
Income
241 500
241 500
241 500
241 500
Total tax
87 930
81 279
110 934
106 671
After tax
153 570
160 221
130 566
134 829
Living cost
35 716
35 716
35 716
35 716
Free-cash
117 854
124 505
94 850
99 113

Estimated living cost  is ₽35716 per week

₽25650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽189003
₽182812
₽178319
₽188466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
36 225
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
45 702
Employee
23 145
-
234 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
23 453
-
pensions

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

2 032
-
3 116
-
total
5 666
-
28 592
-
Employer
23 145
-
234 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
213 814
241 500
-
-
income
21 381
24 150
-
-
total
21 381
24 150
-
-
Dividends
192 433
217 350
-
-
withholding
9 621
10 868
-
-
total
9 621
10 868
-
-
Income
241 500
241 500
241 500
241 500
Total tax
41 209
35 018
35 555
45 702
After tax
200 291
206 482
205 945
195 798
Living cost
17 479
17 479
17 479
17 479
Free-cash
182 812
189 003
188 466
178 319

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84948
₽98245
₽81380
₽109255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 500
trade
-
-
-
27 875
income

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

-
-
-
81 579
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.

-
-
-
6 943
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.

-
-
-
4 488
total
-
-
-
120 885
Employee

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

50 565
-
241 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 943
-
6 943
-
surtax

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

229
-
4 488
-
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.

4 158
-
81 579
-
total
11 330
-
93 010
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
190 935
241 500
-
-
surtax

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

1 576
1 992
-
-
income
28 641
36 226
-
-
trade
27 399
34 656
-
-
chamber of commerce
434
509
-
-
total
58 050
73 383
-
-
Dividends
132 886
168 117
-
-
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.

1 805
2 291
-
-
withholding
32 835
41 643
-
-
total
34 640
43 934
-
-
Income
241 500
241 500
241 500
241 500
Total tax
104 020
117 317
93 010
120 885
After tax
137 480
124 183
148 490
120 615
Living cost
39 235
39 235
39 235
39 235
Free-cash
98 245
84 948
109 255
81 380

Estimated living cost  is ₽39235 per week

₽27065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111160
₽113401
₽62067
₽62067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
79 803
social contributions
-
-
-
41 739
total
-
-
-
121 542
Employee
79 494
-
241 500
-
income
15 000
-
79 803
-
social contributions
6 604
-
41 739
-
total
21 604
-
121 542
-
Employer
79 494
-
241 500
-
total
-
-
-
-
Corporate
162 006
241 500
-
-
income
20 252
30 187
-
-
total
20 252
30 187
-
-
Dividends
141 754
211 313
-
-
withholding
28 352
42 262
-
-
total
28 352
42 262
-
-
Income
241 500
241 500
241 500
241 500
Total tax
70 208
72 449
121 542
121 542
After tax
171 292
169 051
119 958
119 958
Living cost
57 891
57 891
57 891
57 891
Free-cash
113 401
111 160
62 067
62 067

Estimated living cost  is ₽57891 per week

₽44042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4717
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.
₽8578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114717
₽118267
₽161572
₽131007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 500
income
-
-
-
36 226
health

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

-
-
-
6 812
total
-
-
-
43 038
Employee
46 620
-
236 825
-
income
5 059
-
64 253
-
social contributions
4 671
-
4 675
-
total
9 730
-
68 928
-
Employer
46 620
-
236 825
-
social contributions
4 671
-
4 675
-
total
4 671
-
4 675
-
Corporate
190 209
241 500
-
-
income
66 573
84 524
-
-
total
66 573
84 524
-
-
Dividends
123 636
156 976
-
-
social contributions
5 369
5 369
-
-
total
5 369
5 369
-
-
Income
241 500
241 500
241 500
241 500
Total tax
86 343
89 893
73 603
43 038
After tax
155 157
151 607
167 897
198 462
Living cost
36 890
36 890
36 890
36 890
Free-cash
118 267
114 717
131 007
161 572

Estimated living cost  is ₽36890 per week

₽24300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113476
₽119535
₽117545
₽96022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
income
-
-
-
75 533
pensions
-
-
-
10 428
total
-
-
-
85 961
Employee
52 152
-
210 395
-
health
680
-
2 812
-
income
9 497
-
61 187
-
pensions
3 980
-
12 379
-
total
14 157
-
76 378
-
Employer
52 152
-
210 395
-
pensions
5 269
-
27 107
-
health
991
-
3 999
-
total
6 260
-
31 106
-
Corporate
183 088
241 500
-
-
income

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

34 786
45 885
-
-
total
34 786
45 885
-
-
Dividends
148 302
195 615
-
-
withholding
28 768
44 145
-
-
total
28 768
44 145
-
-
Income
241 500
241 500
241 500
241 500
Total tax
83 971
90 030
107 484
85 961
After tax
157 529
151 470
134 016
155 539
Living cost
37 994
37 994
37 994
37 994
Free-cash
119 535
113 476
96 022
117 545

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4472
₽15875
₽140827
₽109387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
accident
-
-
-
255
income
-
-
-
69 613
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
76 640
Employee
37 806
-
221 269
-
health
4 329
-
25 335
-
income
5 187
-
54 817
-
pensions
4 257
-
7 697
-
total
13 773
-
87 849
-
Employer
37 806
-
221 269
-
accident
631
-
3 695
-
unemployment
926
-
5 421
-
pensions
6 147
-
11 115
-
total
7 704
-
20 231
-
Corporate
195 990
241 500
-
-
income

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

176 391
217 350
-
-
total
176 391
217 350
-
-
Dividends
19 599
24 150
-
-
withholding
3 724
4 589
-
-
total
3 724
4 589
-
-
Income
241 500
241 500
241 500
241 500
Total tax
201 592
221 939
108 080
76 640
After tax
39 908
19 561
133 420
164 860
Living cost
24 033
24 033
24 033
24 033
Free-cash
15 875
-4 472
109 387
140 827

Estimated living cost  is ₽24033 per week

₽17638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
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.
₽4511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171053
₽167985
₽142448
₽164742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 500
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
40 769
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
85 357
Employee

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

21 911
-
241 500
-
work injury
110
-
405
-
income
2 191
-
40 769
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
63 063
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
219 589
241 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

21 959
24 150
-
-
total
21 959
24 150
-
-
Dividends
197 630
217 350
-
-
withholding
29 644
32 602
-
-
total
29 644
32 602
-
-
Income
241 500
241 500
241 500
241 500
Total tax
59 820
56 752
63 063
85 357
After tax
181 680
184 748
178 437
156 143
Living cost
13 695
13 695
13 695
13 695
Free-cash
167 985
171 053
164 742
142 448

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86720
₽82098
₽73625
₽65277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 500
municipal
-
-
-
1 716
regional
-
-
-
6 008
national
-
-
-
68 803
social contributions
-
-
-
50 863
total
-
-
-
127 390
Employee
85 636
-
241 500
-
social contributions
28 876
-
66 683
-
regional
1 293
-
5 482
-
municipal
511
-
1 574
-
national
14 472
-
61 999
-
total
45 152
-
135 738
-
Employer
85 636
-
241 500
-
total
-
-
-
-
Corporate
155 864
241 500
-
-
nationa
37 408
57 960
-
-
municipal
7 512
11 641
-
-
total
44 920
69 601
-
-
Dividends
110 944
171 899
-
-
withholding
28 845
44 694
-
-
total
28 845
44 694
-
-
Income
241 500
241 500
241 500
241 500
Total tax
118 917
114 295
135 738
127 390
After tax
122 583
127 205
105 762
114 110
Living cost
40 485
40 485
40 485
40 485
Free-cash
82 098
86 720
65 277
73 625

Estimated living cost  is ₽40485 per week

₽28438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2785
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.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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