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
₽ 242500
per

Your estimated
City
free-cash

Dresden , Germany
₽88131
₽93436
₽103936
₽119375
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
242 500
trade
-
-
-
31 244
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.

-
-
-
6 484
surtax

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

-
-
-
4 582
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.

-
-
-
83 311
total
-
-
-
125 621
Employee

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

36 302
-
242 500
-
surtax

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

56
-
4 582
-
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.

1 014
-
83 311
-
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.

6 484
-
6 484
-
total
7 554
-
94 377
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
206 198
242 500
-
-
trade
32 476
38 193
-
-
income
30 929
36 376
-
-
chamber of commerce
441
492
-
-
surtax

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

1 700
2 001
-
-
total
65 546
77 062
-
-
Dividends
140 651
165 439
-
-
withholding
34 801
40 999
-
-
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.

1 915
2 255
-
-
total
36 716
43 254
-
-
Income
242 500
242 500
242 500
242 500
Total tax
109 816
120 316
94 377
125 621
After tax
132 684
122 184
148 123
116 879
Living cost
28 748
28 748
28 748
28 748
Free-cash
103 936
93 436
119 375
88 131

Estimated living cost  is ₽28748 per week

₽18083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86325
₽100843
₽100003
₽87626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
municipal
-
-
-
27 041
pensions
-
-
-
29 100
social contributions
-
-
-
2 607
national
-
-
-
46 950
total
-
-
-
105 698
Employee
78 248
-
209 639
-
municipal
9 665
-
27 980
-
national
14 977
-
49 006
-
pensions
3 130
-
8 386
-
total
27 772
-
85 372
-
Employer
78 248
-
209 639
-
pensions
6 260
-
16 771
-
social contributions
841
-
2 254
-
total
7 101
-
19 025
-
Corporate
151 986
242 500
-
-
income

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

30 397
48 500
-
-
total
30 397
48 500
-
-
Dividends
121 589
194 000
-
-
withholding
26 750
42 680
-
-
total
26 750
42 680
-
-
Income
242 500
242 500
242 500
242 500
Total tax
92 020
91 180
104 397
105 698
After tax
150 480
151 320
138 103
136 802
Living cost
50 477
50 477
50 477
50 477
Free-cash
100 003
100 843
87 626
86 325

Estimated living cost  is ₽50477 per week

₽34309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽756
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70408
₽174253
₽166469
₽87211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
242 500
surtax
-
-
-
61 838
social contributions

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

-
-
-
36 365
income
-
-
-
54 143
microenterprise
-
-
-
-
total
-
-
-
152 346
Employee
27 734
-
193 920
-
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.

3 051
-
12 442
-
surtax
-
-
28 119
-
income
4 937
-
46 402
-
total
7 988
-
86 963
-
Employer
27 734
-
193 920
-
surtax
-
-
21 331
-
social contributions

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

6 680
-
27 249
-
total
6 680
-
48 580
-
Corporate
208 086
242 500
-
-
income

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

41 617
48 501
-
-
total
41 617
48 501
-
-
Dividends

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

166 469
193 999
-
-
total
-
-
-
-
Income
242 500
242 500
242 500
242 500
Total tax
56 285
48 501
135 543
152 346
After tax
186 215
193 999
106 957
90 154
Living cost
19 746
19 746
19 746
19 746
Free-cash
166 469
174 253
87 211
70 408

Estimated living cost  is ₽19746 per week

₽12597
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.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88879
₽81421
₽75608
₽115277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
11 120
health
-
-
-
11 704
income
-
-
-
91 037
total
-
-
-
113 861
Employee
81 051
81 051
224 862
-
pensions
14 589
11 120
11 120
-
income

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

13 267
13 267
47 000
-
health
12 440
10 582
11 704
-
total
40 296
34 969
69 824
-
Employer
81 051
81 051
224 862
-
pensions
5 641
5 641
7 012
-
unemployment
2 918
2 918
3 626
-
health
5 634
5 634
7 001
-
total
14 193
14 193
17 639
-
Corporate
148 251
147 256
-
-
income
29 650
29 452
-
-
total
29 650
29 452
-
-
Dividends
118 600
117 804
-
-
withholding
17 790
17 671
-
-
income
25 203
25 034
-
-
total
42 993
42 705
-
-
Income
242 500
242 500
242 500
242 500
Total tax
127 132
121 319
87 463
113 861
After tax
115 368
121 181
155 037
128 639
Living cost
39 760
39 760
39 760
39 760
Free-cash
75 608
81 421
115 277
88 879

Estimated living cost  is ₽39760 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81084
₽93268
₽92388
₽80135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
municipal
-
-
-
64 904
pensions
-
-
-
9 272
health
-
-
-
5 352
other
-
-
-
9 967
unemployment
-
-
-
86
accident
-
-
-
171
national
-
-
-
32 527
total
-
-
-
122 279
Employee
55 766
-
215 550
-
municipal
16 630
-
64 277
-
national
-
-
32 002
-
total
16 630
-
96 279
-
Employer
55 766
-
215 550
-
pensions
6 028
-
9 272
-
other
6 480
-
9 967
-
unemployment
1 472
-
2 264
-
accident
112
-
171
-
health
3 430
-
5 275
-
total
17 522
-
26 949
-
Corporate
169 212
242 500
-
-
income
37 227
53 350
-
-
total
37 227
53 350
-
-
Dividends
131 985
189 150
-
-
withholding
39 596
56 745
-
-
total
39 596
56 745
-
-
Income
242 500
242 500
242 500
242 500
Total tax
110 975
110 095
123 228
122 279
After tax
131 525
132 405
119 272
120 221
Living cost
39 137
39 137
39 137
39 137
Free-cash
92 388
93 268
80 135
81 084

Estimated living cost  is ₽39137 per week

₽25938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3840
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.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78205
₽83651
₽96988
₽110838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
242 500
trade
-
-
-
32 633
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.

-
-
-
6 484
surtax

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

-
-
-
4 582
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.

-
-
-
83 311
total
-
-
-
127 010
Employee

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

48 132
-
242 500
-
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.

227
-
4 582
-
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.

4 135
-
83 311
-
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.

6 484
-
6 484
-
total
10 846
-
94 377
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 368
242 500
-
-
trade
31 974
39 891
-
-
income
29 155
36 376
-
-
chamber of commerce
420
488
-
-
surtax

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

1 603
2 001
-
-
total
63 152
78 756
-
-
Dividends
131 217
163 744
-
-
withholding
32 444
40 576
-
-
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.

1 785
2 232
-
-
total
34 229
42 808
-
-
Income
242 500
242 500
242 500
242 500
Total tax
108 227
121 564
94 377
127 010
After tax
134 273
120 936
148 123
115 490
Living cost
37 285
37 285
37 285
37 285
Free-cash
96 988
83 651
110 838
78 205

Estimated living cost  is ₽37285 per week

₽24937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131193
₽145876
₽141940
₽129263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
health
-
-
-
6 183
social contributions
-
-
-
15 356
income
-
-
-
58 983
total
-
-
-
80 522
Employee
72 983
72 983
230 074
-
social contributions
3 546
6 057
8 170
-
income
7 664
6 756
57 944
-
health
726
1 241
3 912
-
total
11 936
14 054
70 026
-
Employer
72 983
72 983
230 074
-
social contributions
3 546
6 057
8 170
-
health
791
1 351
4 256
-
total
4 337
7 408
12 426
-
Corporate
195 442
162 109
-
-
income
24 430
20 264
-
-
total
24 430
20 264
-
-
Dividends
171 012
141 845
-
-
withholding
29 072
24 113
-
-
total
29 072
24 113
-
-
Income
242 500
242 500
242 500
242 500
Total tax
69 775
65 839
82 452
80 522
After tax
172 725
176 661
160 048
161 978
Living cost
30 785
30 785
30 785
30 785
Free-cash
141 940
145 876
129 263
131 193

Estimated living cost  is ₽30785 per week

₽21044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
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.
₽6819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150553
₽118631
₽118995
₽123141
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
24 250
health
-
-
-
16 975
unemployment
-
-
-
3 638
income
-
-
-
29 646
total
-
-
-
74 509
Employee

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

The minimum wage is 138,000 HUF per month.

25 172
10 018
202 929
-
pensions
2 517
1 002
20 293
-
unemployment
378
150
3 044
-
income
3 077
1 225
24 808
-
health
1 762
701
14 205
-
total
7 734
3 078
62 350
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 172
10 018
202 929
-
pensions
4 909
1 954
39 571
-
total
4 909
1 954
39 571
-
Corporate
212 419
230 528
-
-
income
19 118
20 748
-
-
total
19 118
20 748
-
-
Dividends
193 301
209 781
-
-
withholding
36 727
39 858
-
-
social contributions
37 579
40 793
-
-
total
74 306
80 651
-
-
Income
242 500
242 500
242 500
242 500
Total tax
106 067
106 431
101 921
74 509
After tax
136 433
136 069
140 579
167 991
Living cost
17 438
17 438
17 438
17 438
Free-cash
118 995
118 631
123 141
150 553

Estimated living cost  is ₽17438 per week

₽11900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107055
₽171074
₽165180
₽116846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
48 501
health
-
-
-
31 525
income
-
-
-
32 494
total
-
-
-
112 520
Employee
26 925
-
181 242
-
pensions
539
-
3 626
-
unemployment
430
-
2 900
-
income
3 031
-
34 944
-
total
4 000
-
41 470
-
Employer
26 925
-
181 242
-
pensions
5 385
-
36 248
-
unemployment
216
-
1 450
-
health
3 500
-
23 561
-
total
9 101
-
61 259
-
Corporate
206 474
242 500
-
-
income
41 294
48 501
-
-
total
41 294
48 501
-
-
Dividends
165 179
193 999
-
-
total
-
-
-
-
Income
242 500
242 500
242 500
242 500
Total tax
54 395
48 501
102 729
112 520
After tax
188 105
193 999
139 771
129 980
Living cost
22 925
22 925
22 925
22 925
Free-cash
165 180
171 074
116 846
107 055

Estimated living cost  is ₽22925 per week

₽15724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144310
-₽1559
₽16390
₽113075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
4 010
health
-
-
-
2 102
other
-
-
-
357
accident
-
-
-
243
income
-
-
-
70 276
total
-
-
-
76 988
Employee
33 352
-
222 707
-
pensions
3 755
-
7 353
-
income
4 576
-
55 577
-
health
3 819
-
25 500
-
total
12 150
-
88 430
-
Employer
33 352
-
222 707
-
pensions
5 423
-
10 618
-
unemployment
817
-
5 456
-
accident
557
-
3 719
-
total
6 797
-
19 793
-
Corporate
202 351
242 500
-
-
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.

182 116
218 250
-
-
total
182 116
218 250
-
-
Dividends
20 235
24 250
-
-
withholding
3 845
4 607
-
-
total
3 845
4 607
-
-
Income
242 500
242 500
242 500
242 500
Total tax
204 908
222 857
108 223
76 988
After tax
37 592
19 643
134 277
165 512
Living cost
21 202
21 202
21 202
21 202
Free-cash
16 390
-1 559
113 075
144 310

Estimated living cost  is ₽21202 per week

₽15539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽232310
₽222610
₽221155
₽186235
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
242 500
microenterprise

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

-
-
-
2 425
total
-
-
-
2 425
Employee
9 706
-
242 500
-
income
1 941
-
48 500
-
total
1 941
-
48 500
-
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%.

232 794
242 500
-
-
total
-
-
-
-
Dividends
232 794
242 500
-
-
withholding
11 639
12 125
-
-
total
11 639
12 125
-
-
Income
242 500
242 500
242 500
242 500
Total tax
13 580
12 125
48 500
2 425
After tax
228 920
230 375
194 000
240 075
Living cost
7 765
7 765
7 765
7 765
Free-cash
221 155
222 610
186 235
232 310

Estimated living cost  is ₽7765 per week

₽4812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124717
₽152876
₽146463
₽122781
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions

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

-
-
-
34 639
health
-
-
-
6 351
other
-
-
-
6 855
income
-
-
-
44 648
total
-
-
-
92 493
Employee
34 461
-
205 640
-
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.

2 412
-
10 103
-
unemployment
344
-
1 443
-
income
5 933
-
44 002
-
health
483
-
2 021
-
total
9 172
-
57 569
-
Employer
34 461
-
205 640
-
pensions

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

5 859
-
24 537
-
other
1 724
-
7 215
-
unemployment
344
-
1 443
-
accident
276
-
1 644
-
health
483
-
2 021
-
total
8 686
-
36 860
-
Corporate
199 354
242 500
-
-
income
41 864
50 925
-
-
total
41 864
50 925
-
-
Dividends
157 490
191 575
-
-
withholding
11 025
13 409
-
-
total
11 025
13 409
-
-
Income
242 500
242 500
242 500
242 500
Total tax
70 747
64 334
94 429
92 493
After tax
171 753
178 166
148 071
150 007
Living cost
25 290
25 290
25 290
25 290
Free-cash
146 463
152 876
122 781
124 717

Estimated living cost  is ₽25290 per week

₽17869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92253
₽87653
₽95211
₽70729
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
9 986
income
-
-
-
77 505
total
-
-
-
87 491
Employee
88 790
-
211 124
-
pensions
8 566
-
11 720
-
income
16 005
-
63 158
-
health
1 463
-
2 761
-
total
26 034
-
77 639
-
Employer
88 790
-
211 124
-
pensions
10 484
-
27 365
-
health
1 686
-
4 011
-
total
12 170
-
31 376
-
Corporate
141 540
242 500
-
-
income

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

26 892
46 076
-
-
total
26 892
46 076
-
-
Dividends
114 648
196 424
-
-
withholding
19 437
46 015
-
-
total
19 437
46 015
-
-
Income
242 500
242 500
242 500
242 500
Total tax
84 533
92 091
109 015
87 491
After tax
157 967
150 409
133 485
155 009
Living cost
62 756
62 756
62 756
62 756
Free-cash
95 211
87 653
70 729
92 253

Estimated living cost  is ₽62756 per week

₽47024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽184841
₽194901
₽190495
₽195166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions

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

-
-
-
4 904
health
-
-
-
3 810
unemployment
-
-
-
133
income
-
-
-
36 375
total
-
-
-
45 222
Employee
16 468
-
235 999
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 446
-
2 909
-
income
1 647
-
23 600
-
health
757
-
1 524
-
total
4 031
-
28 397
-
Employer
16 468
-
235 999
-
pensions

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

1 815
-
3 651
-
unemployment
98
-
199
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
health
1 137
-
2 286
-
total
3 231
-
6 500
-
Corporate
222 800
242 500
-
-
income
22 280
24 250
-
-
total
22 280
24 250
-
-
Dividends
200 520
218 250
-
-
withholding
10 026
10 912
-
-
total
10 026
10 912
-
-
Income
242 500
242 500
242 500
242 500
Total tax
39 568
35 162
34 897
45 222
After tax
202 932
207 338
207 603
197 278
Living cost
12 437
12 437
12 437
12 437
Free-cash
190 495
194 901
195 166
184 841

Estimated living cost  is ₽12437 per week

₽7261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76009
₽68551
₽70940
₽102407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
11 120
health
-
-
-
11 704
income
-
-
-
91 037
total
-
-
-
113 861
Employee
87 995
81 051
224 862
-
pensions
11 120
11 120
11 120
-
income

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

13 267
13 267
47 000
-
health
10 978
10 582
11 704
-
total
35 365
34 969
69 824
-
Employer
87 995
81 051
224 862
-
pensions
6 124
5 641
7 012
-
unemployment
3 168
2 918
3 626
-
health
6 115
5 634
7 001
-
total
15 407
14 193
17 639
-
Corporate
139 098
147 256
-
-
income
27 820
29 452
-
-
total
27 820
29 452
-
-
Dividends
111 278
117 804
-
-
withholding
16 691
17 671
-
-
income
23 647
25 034
-
-
total
40 338
42 705
-
-
Income
242 500
242 500
242 500
242 500
Total tax
118 930
121 319
87 463
113 861
After tax
123 570
121 181
155 037
128 639
Living cost
52 630
52 630
52 630
52 630
Free-cash
70 940
68 551
102 407
76 009

Estimated living cost  is ₽52630 per week

₽38823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121701
₽143380
₽134968
₽110786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
health
-
-
-
32 737
social contributions
-
-
-
33 932
solidarity contribution
-
-
-
4 174
income
-
-
-
26 375
total
-
-
-
97 218
Employee
34 678
-
195 824
-
social contributions
2 254
-
7 553
-
income
4 161
-
24 275
-
solidarity contribution
-
-
3 194
-
health
4 682
-
26 436
-
total
11 097
-
61 458
-
Employer
34 678
-
195 824
-
social contributions
8 669
-
29 051
-
health
3 121
-
17 624
-
total
11 790
-
46 675
-
Corporate
196 032
242 500
-
-
income
37 246
46 075
-
-
total
37 246
46 075
-
-
Dividends
158 786
196 425
-
-
withholding
23 818
29 464
-
-
total
23 818
29 464
-
-
Income
242 500
242 500
242 500
242 500
Total tax
83 951
75 539
108 133
97 218
After tax
158 549
166 961
134 367
145 282
Living cost
23 581
23 581
23 581
23 581
Free-cash
134 968
143 380
110 786
121 701

Estimated living cost  is ₽23581 per week

₽16380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78637
₽89334
₽84380
₽70591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
municipal
-
-
-
1 560
regional
-
-
-
3 205
social contributions
-
-
-
47 503
national
-
-
-
71 546
total
-
-
-
123 814
Employee
84 352
-
242 500
-
social contributions
28 443
-
62 278
-
municipal
447
-
1 441
-
regional
796
-
2 947
-
national
14 616
-
65 194
-
total
44 302
-
131 860
-
Employer
84 352
-
242 500
-
total
-
-
-
-
Corporate
158 148
242 500
-
-
nationa
37 955
58 200
-
-
municipal
6 167
9 458
-
-
total
44 122
67 658
-
-
Dividends
114 026
174 842
-
-
withholding
29 647
45 459
-
-
total
29 647
45 459
-
-
Income
242 500
242 500
242 500
242 500
Total tax
118 071
113 117
131 860
123 814
After tax
124 429
129 383
110 640
118 686
Living cost
40 049
40 049
40 049
40 049
Free-cash
84 380
89 334
70 591
78 637

Estimated living cost  is ₽40049 per week

₽27917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92817
₽131588
₽128635
₽87010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
25 335
health
-
-
-
8 993
surtax
-
-
-
13 944
other
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
80 251
total
-
-
-
128 739
Employee
31 387
-
215 836
-
surtax
103
-
12 810
-
pensions
2 093
-
8 449
-
other
-
-
-
-
unemployment
2 185
-
8 817
-
income
5 261
-
74 576
-
health
802
-
3 229
-
total
10 444
-
107 881
-
Employer
31 387
-
215 836
-
pensions
4 184
-
16 886
-
other
-
-
-
-
unemployment
994
-
4 015
-
health
1 428
-
5 764
-
total
6 606
-
26 665
-
Corporate
204 507
242 500
-
-
income
53 171
63 050
-
-
total
53 171
63 050
-
-
Dividends
151 336
179 450
-
-
withholding
22 700
26 918
-
-
total
22 700
26 918
-
-
Income
242 500
242 500
242 500
242 500
Total tax
92 921
89 968
134 546
128 739
After tax
149 579
152 532
107 954
113 761
Living cost
20 944
20 944
20 944
20 944
Free-cash
128 635
131 588
87 010
92 817

Estimated living cost  is ₽20944 per week

₽12806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112136
₽107536
₽113737
₽90612
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
9 986
income
-
-
-
77 505
total
-
-
-
87 491
Employee
59 505
-
211 124
-
pensions
5 051
-
11 720
-
income
10 717
-
63 158
-
health
864
-
2 761
-
total
16 632
-
77 639
-
Employer
59 505
-
211 124
-
pensions
6 441
-
27 365
-
health
1 130
-
4 011
-
total
7 571
-
31 376
-
Corporate
175 424
242 500
-
-
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.

33 331
46 076
-
-
total
33 331
46 076
-
-
Dividends
142 092
196 424
-
-
withholding
28 356
46 015
-
-
total
28 356
46 015
-
-
Income
242 500
242 500
242 500
242 500
Total tax
85 890
92 091
109 015
87 491
After tax
156 610
150 409
133 485
155 009
Living cost
42 873
42 873
42 873
42 873
Free-cash
113 737
107 536
90 612
112 136

Estimated living cost  is ₽42873 per week

₽32120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽115023
₽35034
₽67488
₽107366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
regional
-
-
-
14 156
city
-
-
-
2 556
pensions
-
-
-
22 312
health
-
-
-
546
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.

-
-
-
4 849
national
-
-
-
7 202
total
-
-
-
51 621
Employee
88 772
-
218 739
-
regional
2 907
-
12 674
-
national
420
-
5 899
-
pensions
7 458
-
16 486
-
unemployment
-
-
-
-
city
953
-
2 373
-
health
201
-
493
-
total
11 939
-
37 925
-
Employer
88 772
-
218 739
-
pensions
7 458
-
16 486
-
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.

1 775
-
4 374
-
unemployment
-
-
-
-
health
201
-
493
-
total
9 434
-
21 353
-
Corporate
143 319
242 500
-
-
regional
30 311
51 288
-
-
national
12 183
20 613
-
-
total
42 494
71 901
-
-
Dividends
100 825
170 599
-
-
withholding
35 289
59 709
-
-
total
35 289
59 709
-
-
Income
242 500
242 500
242 500
242 500
Total tax
99 156
131 610
59 278
51 621
After tax
143 344
110 890
183 222
190 879
Living cost
75 856
75 856
75 856
75 856
Free-cash
67 488
35 034
107 366
115 023

Estimated living cost  is ₽75856 per week

₽49328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽931
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽70621
₽76210
₽91604
₽104643
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
242 500
trade
-
-
-
34 022
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.

-
-
-
6 484
surtax

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

-
-
-
4 582
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.

-
-
-
83 311
total
-
-
-
128 399
Employee

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

57 040
-
242 500
-
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.

369
-
4 582
-
income

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

6 707
-
83 311
-
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.

6 484
-
6 484
-
total
13 560
-
94 377
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
185 460
242 500
-
-
trade
31 806
41 588
-
-
income
27 818
36 376
-
-
chamber of commerce
405
486
-
-
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.

1 529
2 001
-
-
total
61 558
80 451
-
-
Dividends
123 901
162 049
-
-
withholding
30 614
40 151
-
-
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.

1 684
2 208
-
-
total
32 298
42 359
-
-
Income
242 500
242 500
242 500
242 500
Total tax
107 416
122 810
94 377
128 399
After tax
135 084
119 690
148 123
114 101
Living cost
43 480
43 480
43 480
43 480
Free-cash
91 604
76 210
104 643
70 621

Estimated living cost  is ₽43480 per week

₽31756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97717
₽89749
₽95355
₽88772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
36 061
health
-
-
-
12 604
surtax
-
-
-
-
other
-
-
-
7 518
social contributions
-
-
-
6 909
income
-
-
-
49 219
total
-
-
-
112 311
Employee
40 621
-
183 704
-
social contributions
1 158
-
5 234
-
surtax
-
-
-
-
pensions
4 593
-
14 423
-
income
2 397
-
42 803
-
total
8 148
-
62 460
-
Employer
40 621
-
183 704
-
pensions
6 673
-
23 986
-
social contributions
122
-
551
-
other
1 401
-
7 870
-
unemployment
1 644
-
7 440
-
health
2 844
-
18 949
-
total
12 684
-
58 796
-
Corporate
189 194
242 500
-
-
income
52 975
67 901
-
-
surtax
-
-
-
-
total
52 975
67 901
-
-
Dividends
136 219
174 599
-
-
withholding
17 437
22 348
-
-
surtax
-
-
-
-
social contributions
23 429
30 030
-
-
total
40 866
52 378
-
-
Income
242 500
242 500
242 500
242 500
Total tax
114 673
120 279
121 256
112 311
After tax
127 827
122 221
121 244
130 189
Living cost
32 472
32 472
32 472
32 472
Free-cash
95 355
89 749
88 772
97 717

Estimated living cost  is ₽32472 per week

₽20475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2640
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.
₽8806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100934
₽92966
₽98237
₽91989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
36 061
health
-
-
-
12 604
surtax
-
-
-
-
other
-
-
-
7 518
social contributions
-
-
-
6 909
income
-
-
-
49 219
total
-
-
-
112 311
Employee
36 260
-
183 704
-
social contributions
1 034
-
5 234
-
surtax
-
-
-
-
pensions
4 101
-
14 423
-
income
1 870
-
42 803
-
total
7 005
-
62 460
-
Employer
36 260
-
183 704
-
pensions
5 958
-
23 986
-
social contributions
108
-
551
-
other
1 252
-
7 870
-
unemployment
1 468
-
7 440
-
health
2 538
-
18 949
-
total
11 324
-
58 796
-
Corporate
194 917
242 500
-
-
income
54 576
67 901
-
-
surtax
-
-
-
-
total
54 576
67 901
-
-
Dividends
140 341
174 599
-
-
withholding
17 964
22 348
-
-
surtax
-
-
-
-
social contributions
24 139
30 030
-
-
total
42 103
52 378
-
-
Income
242 500
242 500
242 500
242 500
Total tax
115 008
120 279
121 256
112 311
After tax
127 492
122 221
121 244
130 189
Living cost
29 255
29 255
29 255
29 255
Free-cash
98 237
92 966
91 989
100 934

Estimated living cost  is ₽29255 per week

₽16967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135606
₽127821
₽128312
₽128393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
health
-
-
-
16 927
social contributions
-
-
-
33 465
income
-
-
-
36 376
total
-
-
-
86 768
Employee
32 181
-
242 500
-
social contributions
4 442
-
33 465
-
income
5 367
-
43 589
-
health
2 246
-
16 927
-
total
12 055
-
93 981
-
Employer
32 181
-
242 500
-
total
-
-
-
-
Corporate
210 319
242 500
-
-
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%.

10 517
12 125
-
-
total
10 517
12 125
-
-
Dividends
199 803
230 375
-
-
withholding
29 971
34 556
-
-
social contributions
27 573
31 792
-
-
health
13 946
16 080
-
-
total
71 490
82 428
-
-
Income
242 500
242 500
242 500
242 500
Total tax
94 062
94 553
93 981
86 768
After tax
148 438
147 947
148 519
155 732
Living cost
20 126
20 126
20 126
20 126
Free-cash
128 312
127 821
128 393
135 606

Estimated living cost  is ₽20126 per week

₽13469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
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.
₽4951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90314
₽100013
₽98545
₽29401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
20 513
health
-
-
-
8 482
surtax
-
-
-
187
unemployment
-
-
-
5 821
income
-
-
-
82 769
chamber of commerce
-
-
-
971
total
-
-
-
118 743
Employee
47 433
37 824
203 632
-
pensions
4 858
3 872
11 354
-
other
474
378
1 109
-
unemployment
1 423
1 135
3 327
-
income
5 400
2 790
70 701
-
health
1 835
1 464
4 290
-
total
13 990
9 639
90 781
-
Employer
47 433
37 824
203 632
-
payroll
1 423
1 135
6 109
-
chamber of commerce
189
151
814
-
pensions
5 953
4 748
13 916
-
surtax
187
187
187
-
other
2 253
1 796
8 883
-
unemployment
1 423
1 135
3 327
-
accident
616
492
1 441
-
health
1 792
1 430
4 191
-
total
13 836
11 074
38 868
-
Corporate
181 231
193 603
200 029
-
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.

45 307
48 400
50 007
-
total
45 307
48 400
50 007
-
Dividends
135 924
145 203
-
-
withholding
37 379
39 931
-
-
total
37 379
39 931
-
-
Income
242 500
242 500
242 500
242 500
Total tax
110 512
109 044
179 656
118 743
After tax
131 988
133 456
62 844
123 757
Living cost
33 443
33 443
33 443
33 443
Free-cash
98 545
100 013
29 401
90 314

Estimated living cost  is ₽33443 per week

₽22305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71014
₽96851
₽86625
₽46570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
social contributions
-
-
-
23 663
communal

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

-
-
-
13 130
national
-
-
-
100 087
total
-
-
-
136 880
Employee

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

67 891
-
187 821
-
national
20 872
-
72 304
-
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.

5 092
-
14 087
-
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.

591
-
1 634
-
communal

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

3 541
-
9 796
-
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.

3 190
-
8 827
-
total
33 286
-
106 648
-
Employer

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

67 891
-
187 821
-
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.

6 016
-
16 641
-
surtax
7 698
-
21 300
-
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.

991
-
2 741
-
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.

883
-
2 442
-
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.

4 175
-
11 552
-
total
19 763
-
54 676
-
Corporate
154 847
242 500
-
-
income
30 969
54 115
-
-
surtax
620
1 082
-
-
total
31 589
55 197
-
-
Dividends
123 259
187 303
-
-
withholding

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

36 631
55 846
-
-
total
36 631
55 846
-
-
Income
242 500
242 500
242 500
242 500
Total tax
121 269
111 043
161 324
136 880
After tax
121 231
131 457
81 176
105 620
Living cost
34 606
34 606
34 606
34 606
Free-cash
86 625
96 851
46 570
71 014

Estimated living cost  is ₽34606 per week

₽22291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100971
₽126455
₽119954
₽96989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
24 895
other
-
-
-
88
unemployment
-
-
-
616
accident
-
-
-
792
income
-
-
-
80 861
total
-
-
-
107 252
Employee
47 245
-
214 455
-
pensions
2 221
-
4 135
-
other
47
-
88
-
unemployment
733
-
1 363
-
income
9 968
-
77 602
-
total
12 969
-
83 188
-
Employer
47 245
-
214 455
-
pensions
11 149
-
20 762
-
other
376
-
704
-
unemployment
2 599
-
4 838
-
accident
935
-
1 742
-
total
15 059
-
28 046
-
Corporate
180 196
242 500
-
-
income

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

27 030
36 376
-
-
total
27 030
36 376
-
-
Dividends
153 167
206 124
-
-
withholding
33 211
45 392
-
-
total
33 211
45 392
-
-
Income
242 500
242 500
242 500
242 500
Total tax
88 269
81 768
111 234
107 252
After tax
154 231
160 732
131 266
135 248
Living cost
34 277
34 277
34 277
34 277
Free-cash
119 954
126 455
96 989
100 971

Estimated living cost  is ₽34277 per week

₽25241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2432
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.
₽6109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62078
₽83210
₽70157
₽69452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
33 681
health
-
-
-
15 787
surtax
-
-
-
12 307
accident
-
-
-
1 895
communal
-
-
-
15 326
income
-
-
-
49 847
total
-
-
-
128 843
Employee
71 876
-
216 616
-
surtax
4 406
-
13 276
-
pensions
5 749
-
17 329
-
income
6 942
-
55 339
-
health
3 199
-
9 640
-
total
20 296
-
95 584
-
Employer
71 876
-
216 616
-
pensions
5 749
-
17 329
-
accident
647
-
1 949
-
health
2 192
-
6 607
-
total
8 588
-
25 885
-
Corporate
162 036
242 500
-
-
communal
10 938
16 369
-
-
income
24 306
36 376
-
-
surtax
1 702
2 547
-
-
total
36 946
55 292
-
-
Dividends
125 090
187 209
-
-
withholding
18 764
28 081
-
-
income
36 170
24 338
-
-
total
54 934
52 419
-
-
Income
242 500
242 500
242 500
242 500
Total tax
120 764
107 711
121 469
128 843
After tax
121 736
134 789
121 031
113 657
Living cost
51 579
51 579
51 579
51 579
Free-cash
70 157
83 210
69 452
62 078

Estimated living cost  is ₽51579 per week

₽38692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92443
₽131214
₽128196
₽86636
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
25 335
health
-
-
-
8 993
surtax
-
-
-
13 944
other
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
80 251
total
-
-
-
128 739
Employee
31 963
-
215 836
-
surtax
113
-
12 810
-
pensions
2 133
-
8 449
-
other
-
-
-
-
unemployment
2 224
-
8 817
-
income
5 358
-
74 576
-
health
816
-
3 229
-
total
10 644
-
107 881
-
Employer
31 963
-
215 836
-
pensions
4 261
-
16 886
-
other
-
-
-
-
unemployment
1 014
-
4 015
-
health
1 454
-
5 764
-
total
6 729
-
26 665
-
Corporate
203 808
242 500
-
-
income
52 991
63 050
-
-
total
52 991
63 050
-
-
Dividends
150 817
179 450
-
-
withholding
22 622
26 918
-
-
total
22 622
26 918
-
-
Income
242 500
242 500
242 500
242 500
Total tax
92 986
89 968
134 546
128 739
After tax
149 514
152 532
107 954
113 761
Living cost
21 318
21 318
21 318
21 318
Free-cash
128 196
131 214
86 636
92 443

Estimated living cost  is ₽21318 per week

₽12871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92366
₽101895
₽99788
₽84361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
municipal
-
-
-
1 560
regional
-
-
-
3 958
social contributions
-
-
-
47 503
national
-
-
-
71 546
total
-
-
-
124 567
Employee
52 649
-
242 500
-
social contributions
17 754
-
62 278
-
municipal
279
-
1 441
-
regional
709
-
3 659
-
national
8 341
-
65 194
-
total
27 083
-
132 572
-
Employer
52 649
-
242 500
-
total
-
-
-
-
Corporate
189 851
242 500
-
-
nationa
45 565
58 200
-
-
municipal
9 436
12 053
-
-
total
55 001
70 253
-
-
Dividends
134 850
172 247
-
-
withholding
35 061
44 785
-
-
total
35 061
44 785
-
-
Income
242 500
242 500
242 500
242 500
Total tax
117 145
115 038
132 572
124 567
After tax
125 355
127 462
109 928
117 933
Living cost
25 567
25 567
25 567
25 567
Free-cash
99 788
101 895
84 361
92 366

Estimated living cost  is ₽25567 per week

₽15900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6639
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116224
₽137903
₽127536
₽105309
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
health
-
-
-
32 737
social contributions
-
-
-
33 932
solidarity contribution
-
-
-
4 174
income
-
-
-
26 375
total
-
-
-
97 218
Employee
42 732
-
195 824
-
social contributions
2 778
-
7 553
-
income
5 128
-
24 275
-
solidarity contribution
-
-
3 194
-
health
5 769
-
26 436
-
total
13 675
-
61 458
-
Employer
42 732
-
195 824
-
social contributions
10 683
-
29 051
-
health
3 846
-
17 624
-
total
14 529
-
46 675
-
Corporate
185 239
242 500
-
-
income
35 195
46 075
-
-
total
35 195
46 075
-
-
Dividends
150 044
196 425
-
-
withholding
22 507
29 464
-
-
total
22 507
29 464
-
-
Income
242 500
242 500
242 500
242 500
Total tax
85 906
75 539
108 133
97 218
After tax
156 594
166 961
134 367
145 282
Living cost
29 058
29 058
29 058
29 058
Free-cash
127 536
137 903
105 309
116 224

Estimated living cost  is ₽29058 per week

₽21609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1610
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.
₽5336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93664
₽103278
₽102805
₽32606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
20 513
health
-
-
-
8 482
surtax
-
-
-
-
unemployment
-
-
-
5 821
income
-
-
-
82 769
chamber of commerce
-
-
-
971
total
-
-
-
118 556
Employee
41 489
37 824
203 805
-
pensions
4 249
3 872
11 354
-
other
414
378
1 109
-
unemployment
1 245
1 135
3 327
-
income
3 696
2 790
70 788
-
health
1 605
1 464
4 290
-
total
11 209
9 639
90 868
-
Employer
41 489
37 824
203 805
-
payroll
1 245
1 135
6 115
-
chamber of commerce
166
151
816
-
pensions
5 207
4 748
13 916
-
surtax
-
-
-
-
other
1 970
1 796
8 890
-
unemployment
1 245
1 135
3 327
-
accident
539
492
1 441
-
health
1 569
1 430
4 191
-
total
11 941
10 887
38 696
-
Corporate
189 072
193 790
200 202
-
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.

47 269
48 447
50 050
-
total
47 269
48 447
50 050
-
Dividends
141 803
145 344
-
-
withholding
38 996
39 969
-
-
total
38 996
39 969
-
-
Income
242 500
242 500
242 500
242 500
Total tax
109 415
108 942
179 614
118 556
After tax
133 085
133 558
62 886
123 944
Living cost
30 280
30 280
30 280
30 280
Free-cash
102 805
103 278
32 606
93 664

Estimated living cost  is ₽30280 per week

₽18164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽227975
₽218275
₽216006
₽181900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
242 500
microenterprise

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

-
-
-
2 425
total
-
-
-
2 425
Employee
15 125
-
242 500
-
income
3 025
-
48 500
-
total
3 025
-
48 500
-
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%.

227 375
242 500
-
-
total
-
-
-
-
Dividends
227 375
242 500
-
-
withholding
11 369
12 125
-
-
total
11 369
12 125
-
-
Income
242 500
242 500
242 500
242 500
Total tax
14 394
12 125
48 500
2 425
After tax
228 106
230 375
194 000
240 075
Living cost
12 100
12 100
12 100
12 100
Free-cash
216 006
218 275
181 900
227 975

Estimated living cost  is ₽12100 per week

₽8188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽508
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84071
₽141503
₽133566
₽78806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
242 500
pensions
-
-
-
44 286
health
-
-
-
23 861
unemployment
-
-
-
364
income
-
-
-
64 461
total
-
-
-
132 972
Employee

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

41 970
-
209 831
-
pensions
6 506
-
32 523
-
unemployment
59
-
294
-
income
7 238
-
59 198
-
health
2 711
-
13 553
-
total
16 514
-
105 568
-
Employer

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

41 970
-
209 831
-
pensions
3 714
-
18 570
-
unemployment
25
-
126
-
health
2 795
-
13 973
-
total
6 534
-
32 669
-
Corporate
193 995
242 500
-
-
income
36 858
46 075
-
-
total
36 858
46 075
-
-
Dividends
157 137
196 425
-
-
withholding
23 571
29 465
-
-
total
23 571
29 465
-
-
Income
242 500
242 500
242 500
242 500
Total tax
83 477
75 540
138 237
132 972
After tax
159 023
166 960
104 263
109 528
Living cost
25 457
25 457
25 457
25 457
Free-cash
133 566
141 503
78 806
84 071

Estimated living cost  is ₽25457 per week

₽17471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1632
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.
₽5863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126149
₽106099
₽60418
₽188428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
social contributions
-
-
-
27 645
income
-
-
-
47 268
total
-
-
-
74 913
Employee
59 417
-
-
-
social contributions
4 872
-
694
-
income
13 106
-
-
-
total
17 978
-
694
-
Employer
59 417
-
-
-
social contributions
83 778
-
11 940
-
total
83 778
-
11 940
-
Corporate
99 305
242 500
-
-
income
21 847
53 350
-
-
total
21 847
53 350
-
-
Dividends
77 458
189 150
-
-
income
17 041
41 613
-
-
total
17 041
41 613
-
-
Income
242 500
242 500
242 500
242 500
Total tax
140 644
94 963
12 634
74 913
After tax
101 856
147 537
229 866
167 587
Living cost
41 438
41 438
41 438
41 438
Free-cash
60 418
106 099
188 428
126 149

Estimated living cost  is ₽41438 per week

₽26887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3897
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.
₽10126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95266
₽108163
₽107205
₽75249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
242 500
surtax
-
-
-
-
social contributions

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

-
-
-
84 269
income
-
-
-
33 194
total
-
-
-
117 463
Employee
43 652
-
195 959
-
social contributions
4 802
-
21 556
-
surtax
-
-
758
-
income
9 080
-
68 627
-
total
13 882
-
90 941
-
Employer
43 652
-
195 959
-
social contributions
10 367
-
46 539
-
total
10 367
-
46 539
-
Corporate
188 481
242 500
-
-
income
39 582
50 925
-
-
surtax
-
-
-
-
total
39 582
50 925
-
-
Dividends
148 899
191 575
-
-
withholding
41 693
53 641
-
-
total
41 693
53 641
-
-
Income
242 500
242 500
242 500
242 500
Total tax
105 524
104 566
137 480
117 463
After tax
136 976
137 934
105 020
125 037
Living cost
29 771
29 771
29 771
29 771
Free-cash
107 205
108 163
75 249
95 266

Estimated living cost  is ₽29771 per week

₽22275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84348
₽76380
₽82901
₽75403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
36 061
health
-
-
-
12 604
surtax
-
-
-
-
other
-
-
-
7 518
social contributions
-
-
-
6 909
income
-
-
-
49 219
total
-
-
-
112 311
Employee
59 445
-
183 704
-
social contributions
1 693
-
5 234
-
surtax
-
-
-
-
pensions
6 724
-
14 423
-
income
5 187
-
42 803
-
total
13 604
-
62 460
-
Employer
59 445
-
183 704
-
pensions
9 768
-
23 986
-
social contributions
178
-
551
-
other
2 051
-
7 870
-
unemployment
2 408
-
7 440
-
health
4 161
-
18 949
-
total
18 566
-
58 796
-
Corporate
164 489
242 500
-
-
income
46 057
67 901
-
-
surtax
-
-
-
-
total
46 057
67 901
-
-
Dividends
118 432
174 599
-
-
withholding
15 160
22 348
-
-
surtax
-
-
-
-
social contributions
20 371
30 030
-
-
total
35 531
52 378
-
-
Income
242 500
242 500
242 500
242 500
Total tax
113 758
120 279
121 256
112 311
After tax
128 742
122 221
121 244
130 189
Living cost
45 841
45 841
45 841
45 841
Free-cash
82 901
76 380
75 403
84 348

Estimated living cost  is ₽45841 per week

₽31024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147467
₽189720
₽186531
₽153913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
social contributions
-
-
-
53 351
income
-
-
-
13 152
total
-
-
-
66 503
Employee
30 513
-
209 957
-
social contributions
1 983
-
13 647
-
income
-
-
13 867
-
total
1 983
-
27 514
-
Employer
30 513
-
209 957
-
social contributions
4 730
-
32 543
-
total
4 730
-
32 543
-
Corporate
207 257
242 500
-
-
income
20 726
24 250
-
-
total
20 726
24 250
-
-
Dividends
186 532
218 250
-
-
total
-
-
-
-
Income
242 500
242 500
242 500
242 500
Total tax
27 439
24 250
60 057
66 503
After tax
215 061
218 250
182 443
175 997
Living cost
28 530
28 530
28 530
28 530
Free-cash
186 531
189 720
153 913
147 467

Estimated living cost  is ₽28530 per week

₽18447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93003
₽35959
₽18221
₽35959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
municipal
-
-
-
52 757
pensions
-
-
-
822
labour market
-
-
-
19 334
national
-
-
-
30 930
total
-
-
-
103 843
Employee
192 696
192 696
192 696
-
municipal
41 033
41 033
41 033
-
national
23 541
23 541
23 541
-
pensions
274
274
274
-
labour market
15 394
15 394
15 394
-
total
80 242
80 242
80 242
-
Employer
192 696
192 696
192 696
-
labour market
15 416
15 416
15 416
-
pensions
548
548
548
-
municipal
41 099
41 099
41 099
-
national
23 582
23 582
23 582
-
total
80 645
80 645
80 645
-
Corporate
35 959
-
-
-
income
7 911
-
-
-
total
7 911
-
-
-
Dividends
28 048
-
-
-
withholding
9 827
-
-
-
total
9 827
-
-
-
Income
242 500
242 500
242 500
242 500
Total tax
178 625
160 887
160 887
103 843
After tax
63 875
81 613
81 613
138 657
Living cost
45 654
45 654
45 654
45 654
Free-cash
18 221
35 959
35 959
93 003

Estimated living cost  is ₽45654 per week

₽31246
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽702
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144623
-₽1246
₽16438
₽113388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
4 010
health
-
-
-
2 102
other
-
-
-
357
accident
-
-
-
243
income
-
-
-
70 276
total
-
-
-
76 988
Employee
32 860
-
222 707
-
pensions
3 700
-
7 353
-
income
4 508
-
55 577
-
health
3 763
-
25 500
-
total
11 971
-
88 430
-
Employer
32 860
-
222 707
-
pensions
5 343
-
10 618
-
unemployment
805
-
5 456
-
accident
549
-
3 719
-
total
6 697
-
19 793
-
Corporate
202 943
242 500
-
-
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.

182 649
218 250
-
-
total
182 649
218 250
-
-
Dividends
20 294
24 250
-
-
withholding
3 856
4 607
-
-
total
3 856
4 607
-
-
Income
242 500
242 500
242 500
242 500
Total tax
205 173
222 857
108 223
76 988
After tax
37 327
19 643
134 277
165 512
Living cost
20 889
20 889
20 889
20 889
Free-cash
16 438
-1 246
113 388
144 623

Estimated living cost  is ₽20889 per week

₽15205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109029
₽109994
₽113768
₽81251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
242 500
municipal
-
-
-
43 049
health
-
-
-
3 337
national
-
-
-
50 646
total
-
-
-
97 032
Employee
49 935
-
204 004
-
municipal
8 179
-
33 197
-
national
825
-
33 543
-
pensions
3 370
-
13 770
-
unemployment
749
-
3 060
-
health
373
-
2 745
-
total
13 496
-
86 315
-
Employer
49 935
-
204 004
-
pensions
8 663
-
35 394
-
unemployment
324
-
1 326
-
accident
50
-
204
-
health
384
-
1 571
-
total
9 421
-
38 495
-
Corporate
183 143
242 500
-
-
income
36 630
48 501
-
-
total
36 630
48 501
-
-
Dividends

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

109 885
145 499
-
-
municipal
19 780
26 190
-
-
national
12 966
21 376
-
-
total
32 746
47 566
-
-
Income
242 500
242 500
242 500
242 500
Total tax
92 293
96 067
124 810
97 032
After tax
150 207
146 433
117 690
145 468
Living cost
36 439
36 439
36 439
36 439
Free-cash
113 768
109 994
81 251
109 029

Estimated living cost  is ₽36439 per week

₽23802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3505
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.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140003
₽154686
₽149520
₽138073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
health
-
-
-
6 183
social contributions
-
-
-
15 356
income
-
-
-
58 983
total
-
-
-
80 522
Employee
72 983
72 983
230 074
-
social contributions
2 759
6 057
8 170
-
income
7 947
6 756
57 944
-
health
566
1 241
3 912
-
total
11 272
14 054
70 026
-
Employer
72 983
72 983
230 074
-
social contributions
2 759
6 057
8 170
-
health
614
1 351
4 256
-
total
3 373
7 408
12 426
-
Corporate
205 880
162 109
-
-
income
25 735
20 264
-
-
total
25 735
20 264
-
-
Dividends
180 146
141 845
-
-
withholding
30 625
24 113
-
-
total
30 625
24 113
-
-
Income
242 500
242 500
242 500
242 500
Total tax
71 005
65 839
82 452
80 522
After tax
171 495
176 661
160 048
161 978
Living cost
21 975
21 975
21 975
21 975
Free-cash
149 520
154 686
138 073
140 003

Estimated living cost  is ₽21975 per week

₽13170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
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.
₽6163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽192637
₽185746
₽180916
₽173602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242 500
pensions
-
-
-
6 037
health
-
-
-
3 435
unemployment
-
-
-
27
income
-
-
-
25 295
total
-
-
-
34 794
Employee

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

21 785
-
233 224
-
pensions
3 267
-
13 508
-
unemployment
108
-
450
-
income
1 490
-
22 941
-
health
1 852
-
7 655
-
total
6 717
-
44 554
-
Employer

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

21 785
-
233 224
-
pensions
1 198
-
4 953
-
unemployment
108
-
450
-
health
937
-
3 872
-
total
2 243
-
9 275
-
Corporate
218 472
242 500
-
-
income
19 663
21 824
-
-
total
19 663
21 824
-
-
Dividends
198 809
220 676
-
-
withholding
17 892
19 861
-
-
total
17 892
19 861
-
-
Income
242 500
242 500
242 500
242 500
Total tax
46 515
41 685
53 829
34 794
After tax
195 985
200 815
188 671
207 706
Living cost
15 069
15 069
15 069
15 069
Free-cash
180 916
185 746
173 602
192 637

Estimated living cost  is ₽15069 per week

₽9614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1086
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109148
₽134632
₽130442
₽105166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
24 895
other
-
-
-
88
unemployment
-
-
-
616
accident
-
-
-
792
income
-
-
-
80 861
total
-
-
-
107 252
Employee
35 094
-
214 455
-
pensions
1 650
-
4 135
-
other
34
-
88
-
unemployment
544
-
1 363
-
income
6 766
-
77 602
-
total
8 994
-
83 188
-
Employer
35 094
-
214 455
-
pensions
8 282
-
20 762
-
other
281
-
704
-
unemployment
1 931
-
4 838
-
accident
695
-
1 742
-
total
11 189
-
28 046
-
Corporate
196 217
242 500
-
-
income

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

29 432
36 376
-
-
total
29 432
36 376
-
-
Dividends
166 785
206 124
-
-
withholding
36 343
45 392
-
-
total
36 343
45 392
-
-
Income
242 500
242 500
242 500
242 500
Total tax
85 958
81 768
111 234
107 252
After tax
156 542
160 732
131 266
135 248
Living cost
26 100
26 100
26 100
26 100
Free-cash
130 442
134 632
105 166
109 148

Estimated living cost  is ₽26100 per week

₽17617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154690
₽149471
₽149166
₽154559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
1 349
health
-
-
-
978
income
-
-
-
83 634
total
-
-
-
85 961
Employee
2 817
-
240 982
-
pensions
254
-
607
-
unemployment
28
-
67
-
income
545
-
83 563
-
health
141
-
337
-
total
968
-
84 574
-
Employer
2 817
-
240 982
-
pensions
310
-
742
-
unemployment
56
-
135
-
health
268
-
641
-
total
634
-
1 518
-
Corporate
239 049
242 500
-
-
income
52 591
53 350
-
-
total
52 591
53 350
-
-
Dividends
186 458
189 150
-
-
withholding
37 292
37 830
-
-
total
37 292
37 830
-
-
Income
242 500
242 500
242 500
242 500
Total tax
91 485
91 180
86 092
85 961
After tax
151 015
151 320
156 408
156 539
Living cost
1 849
1 849
1 849
1 849
Free-cash
149 166
149 471
154 559
154 690

Estimated living cost  is ₽1849 per week

₽1099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142933
₽158802
₽154135
₽142935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
242 500
pensions
-
-
-
18 227
health
-
-
-
7 221
unemployment
-
-
-
1 052
income
-
-
-
56 663
total
-
-
-
83 163
Employee

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

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

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

24 737
-
229 952
-
pensions
3 463
-
9 814
-
unemployment
186
-
526
-
income
3 410
-
56 663
-
health
1 274
-
3 610
-
total
8 333
-
70 613
-
Employer

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

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

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

24 737
-
229 952
-
pensions
2 968
-
8 412
-
unemployment
186
-
526
-
health
1 274
-
3 610
-
total
4 428
-
12 548
-
Corporate
213 335
242 500
-
-
income
32 000
36 375
-
-
total
32 000
36 375
-
-
Dividends
181 335
206 125
-
-
withholding
27 200
30 919
-
-
total
27 200
30 919
-
-
Income
242 500
242 500
242 500
242 500
Total tax
71 961
67 294
83 161
83 163
After tax
170 539
175 206
159 339
159 337
Living cost
16 404
16 404
16 404
16 404
Free-cash
154 135
158 802
142 935
142 933

Estimated living cost  is ₽16404 per week

₽11045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1269
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.
₽3616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99450
₽112347
₽112005
₽79433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
242 500
surtax
-
-
-
-
social contributions

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

-
-
-
84 269
income
-
-
-
33 194
total
-
-
-
117 463
Employee
36 837
-
195 959
-
social contributions
4 053
-
21 556
-
surtax
-
-
758
-
income
7 198
-
68 627
-
total
11 251
-
90 941
-
Employer
36 837
-
195 959
-
social contributions
8 748
-
46 539
-
total
8 748
-
46 539
-
Corporate
196 915
242 500
-
-
income
41 352
50 925
-
-
surtax
-
-
-
-
total
41 352
50 925
-
-
Dividends
155 562
191 575
-
-
withholding
43 557
53 641
-
-
total
43 557
53 641
-
-
Income
242 500
242 500
242 500
242 500
Total tax
104 908
104 566
137 480
117 463
After tax
137 592
137 934
105 020
125 037
Living cost
25 588
25 588
25 588
25 588
Free-cash
112 005
112 347
79 433
99 450

Estimated living cost  is ₽25588 per week

₽18123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101892
₽127376
₽121166
₽97910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
24 895
other
-
-
-
88
unemployment
-
-
-
616
accident
-
-
-
792
income
-
-
-
80 861
total
-
-
-
107 252
Employee
45 838
-
214 455
-
pensions
2 154
-
4 135
-
other
45
-
88
-
unemployment
710
-
1 363
-
income
9 574
-
77 602
-
total
12 483
-
83 188
-
Employer
45 838
-
214 455
-
pensions
10 818
-
20 762
-
other
367
-
704
-
unemployment
2 522
-
4 838
-
accident
908
-
1 742
-
total
14 615
-
28 046
-
Corporate
182 048
242 500
-
-
income

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

27 307
36 376
-
-
total
27 307
36 376
-
-
Dividends
154 741
206 124
-
-
withholding
33 573
45 392
-
-
total
33 573
45 392
-
-
Income
242 500
242 500
242 500
242 500
Total tax
87 978
81 768
111 234
107 252
After tax
154 522
160 732
131 266
135 248
Living cost
33 356
33 356
33 356
33 356
Free-cash
121 166
127 376
97 910
101 892

Estimated living cost  is ₽33356 per week

₽23955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽180960
₽191020
₽185239
₽191285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions

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

-
-
-
4 904
health
-
-
-
3 810
unemployment
-
-
-
133
income
-
-
-
36 375
total
-
-
-
45 222
Employee
21 607
-
235 999
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

1 897
-
2 909
-
income
2 161
-
23 600
-
health
994
-
1 524
-
total
5 289
-
28 397
-
Employer
21 607
-
235 999
-
pensions

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

2 381
-
3 651
-
unemployment
130
-
199
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
health
1 491
-
2 286
-
total
4 239
-
6 500
-
Corporate
216 653
242 500
-
-
income
21 665
24 250
-
-
total
21 665
24 250
-
-
Dividends
194 988
218 250
-
-
withholding
9 750
10 912
-
-
total
9 750
10 912
-
-
Income
242 500
242 500
242 500
242 500
Total tax
40 943
35 162
34 897
45 222
After tax
201 557
207 338
207 603
197 278
Living cost
16 318
16 318
16 318
16 318
Free-cash
185 239
191 020
191 285
180 960

Estimated living cost  is ₽16318 per week

₽10793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83013
₽88033
₽100452
₽111480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
242 500
trade
-
-
-
28 467
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.

-
-
-
6 484
surtax

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

-
-
-
4 582
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.

-
-
-
83 311
total
-
-
-
122 844
Employee

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

47 224
-
242 500
-
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.

214
-
4 582
-
income

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

3 883
-
83 311
-
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.

6 484
-
6 484
-
total
10 581
-
94 377
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
195 276
242 500
-
-
trade
28 022
34 800
-
-
income
29 292
36 376
-
-
chamber of commerce
430
499
-
-
surtax

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

1 610
2 001
-
-
total
59 354
73 676
-
-
Dividends
135 921
168 825
-
-
withholding
33 620
41 846
-
-
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.

1 850
2 302
-
-
total
35 470
44 148
-
-
Income
242 500
242 500
242 500
242 500
Total tax
105 405
117 824
94 377
122 844
After tax
137 095
124 676
148 123
119 656
Living cost
36 643
36 643
36 643
36 643
Free-cash
100 452
88 033
111 480
83 013

Estimated living cost  is ₽36643 per week

₽25277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽64919
₽115683
₽117780
₽64919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
social contributions
-
-
-
42 203
income
-
-
-
81 312
total
-
-
-
123 515
Employee
74 242
-
242 500
-
social contributions
6 168
-
42 203
-
income
14 009
-
81 312
-
total
20 177
-
123 515
-
Employer
74 242
-
242 500
-
total
-
-
-
-
Corporate
168 258
242 500
-
-
income
21 032
30 313
-
-
total
21 032
30 313
-
-
Dividends
147 226
212 187
-
-
withholding
29 445
42 438
-
-
total
29 445
42 438
-
-
Income
242 500
242 500
242 500
242 500
Total tax
70 654
72 751
123 515
123 515
After tax
171 846
169 749
118 985
118 985
Living cost
54 066
54 066
54 066
54 066
Free-cash
117 780
115 683
64 919
64 919

Estimated living cost  is ₽54066 per week

₽41132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4406
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.
₽8011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽165843
₽118158
₽121475
₽133374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
242 500
health

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

-
-
-
5 828
income
-
-
-
36 376
total
-
-
-
42 204
Employee
43 540
-
238 134
-
social contributions
4 362
-
4 366
-
income
4 724
-
65 941
-
total
9 086
-
70 307
-
Employer
43 540
-
238 134
-
social contributions
4 362
-
4 366
-
total
4 362
-
4 366
-
Corporate
194 598
242 500
-
-
income
68 110
84 875
-
-
total
68 110
84 875
-
-
Dividends
126 488
157 625
-
-
social contributions
5 014
5 014
-
-
total
5 014
5 014
-
-
Income
242 500
242 500
242 500
242 500
Total tax
86 572
89 889
74 673
42 204
After tax
155 928
152 611
167 827
200 296
Living cost
34 453
34 453
34 453
34 453
Free-cash
121 475
118 158
133 374
165 843

Estimated living cost  is ₽34453 per week

₽22694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2716
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.
₽8514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120155
₽115555
₽121112
₽98631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
9 986
income
-
-
-
77 505
total
-
-
-
87 491
Employee
47 843
-
211 124
-
pensions
3 652
-
11 720
-
income
8 713
-
63 158
-
health
624
-
2 761
-
total
12 989
-
77 639
-
Employer
47 843
-
211 124
-
pensions
4 834
-
27 365
-
health
909
-
4 011
-
total
5 743
-
31 376
-
Corporate
188 915
242 500
-
-
income

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

35 894
46 076
-
-
total
35 894
46 076
-
-
Dividends
153 021
196 424
-
-
withholding
31 908
46 015
-
-
total
31 908
46 015
-
-
Income
242 500
242 500
242 500
242 500
Total tax
86 534
92 091
109 015
87 491
After tax
155 966
150 409
133 485
155 009
Living cost
34 854
34 854
34 854
34 854
Free-cash
121 112
115 555
98 631
120 155

Estimated living cost  is ₽34854 per week

₽23910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3205
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.
₽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

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
₽142555
-₽3314
₽16122
₽111320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
pensions
-
-
-
4 010
health
-
-
-
2 102
other
-
-
-
357
accident
-
-
-
243
income
-
-
-
70 276
total
-
-
-
76 988
Employee
36 113
-
222 707
-
pensions
4 066
-
7 353
-
income
4 954
-
55 577
-
health
4 135
-
25 500
-
total
13 155
-
88 430
-
Employer
36 113
-
222 707
-
pensions
5 872
-
10 618
-
unemployment
885
-
5 456
-
accident
603
-
3 719
-
total
7 360
-
19 793
-
Corporate
199 028
242 500
-
-
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.

179 125
218 250
-
-
total
179 125
218 250
-
-
Dividends
19 903
24 250
-
-
withholding
3 781
4 607
-
-
total
3 781
4 607
-
-
Income
242 500
242 500
242 500
242 500
Total tax
203 421
222 857
108 223
76 988
After tax
39 079
19 643
134 277
165 512
Living cost
22 957
22 957
22 957
22 957
Free-cash
16 122
-3 314
111 320
142 555

Estimated living cost  is ₽22957 per week

₽16848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146851
₽172700
₽169831
₽167707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
242 500
pensions
-
-
-
27 911
health insurance
-
-
-
11 225
work injury
-
-
-
758
unemployment
-
-
-
1 820
income
-
-
-
41 123
total
-
-
-
82 837
Employee

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

20 500
-
242 500
-
pensions
3 772
-
13 956
-
health insurance
1 517
-
5 613
-
unemployment
246
-
910
-
income
2 050
-
41 123
-
work injury
102
-
379
-
total
7 687
-
61 981
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
222 000
242 500
-
-
income

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

22 200
24 250
-
-
total
22 200
24 250
-
-
Dividends
199 800
218 250
-
-
withholding
29 970
32 738
-
-
total
29 970
32 738
-
-
Income
242 500
242 500
242 500
242 500
Total tax
59 857
56 988
61 981
82 837
After tax
182 643
185 512
180 519
159 663
Living cost
12 812
12 812
12 812
12 812
Free-cash
169 831
172 700
167 707
146 851

Estimated living cost  is ₽12812 per week

₽7937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77709
₽89921
₽85606
₽69909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
municipal
-
-
-
1 754
regional
-
-
-
6 177
social contributions
-
-
-
47 503
national
-
-
-
71 546
total
-
-
-
126 980
Employee
79 979
-
242 500
-
social contributions
26 968
-
62 278
-
municipal
477
-
1 623
-
regional
1 207
-
5 685
-
national
13 516
-
65 194
-
total
42 168
-
134 780
-
Employer
79 979
-
242 500
-
total
-
-
-
-
Corporate
162 521
242 500
-
-
nationa
39 005
58 200
-
-
municipal
7 833
11 689
-
-
total
46 838
69 889
-
-
Dividends
115 683
172 611
-
-
withholding
30 077
44 879
-
-
total
30 077
44 879
-
-
Income
242 500
242 500
242 500
242 500
Total tax
119 083
114 768
134 780
126 980
After tax
123 417
127 732
107 720
115 520
Living cost
37 811
37 811
37 811
37 811
Free-cash
85 606
89 921
69 909
77 709

Estimated living cost  is ₽37811 per week

₽26559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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