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
₽91736
₽118440
₽87610
₽102862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
82 205
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.

-
-
-
4 521
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.

-
-
-
6 871
trade
-
-
-
30 830
total
-
-
-
124 427
Employee

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

38 468
-
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.

59
-
4 521
-
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.

1 075
-
82 205
-
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.

6 871
-
6 871
-
total
8 005
-
93 597
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
204 032
242 500
-
-
income
30 604
36 376
-
-
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.

1 683
2 000
-
-
chamber of commerce
447
502
-
-
trade
32 135
38 193
-
-
total
64 869
77 071
-
-
Dividends
139 163
165 429
-
-
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.

1 893
2 254
-
-
withholding
34 408
40 976
-
-
total
36 301
43 230
-
-
Income
242 500
242 500
242 500
242 500
Total tax
109 175
120 301
93 597
124 427
After tax
133 325
122 199
148 903
118 073
Living cost
30 463
30 463
30 463
30 463
Free-cash
102 862
91 736
118 440
87 610

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97909
₽85636
₽84335
₽97020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 607
municipal
-
-
-
26 969
national
-
-
-
46 078
pensions
-
-
-
29 100
total
-
-
-
104 754
Employee
82 797
-
209 639
-
municipal
10 227
-
27 908
-
pensions
3 312
-
8 386
-
national
15 847
-
48 134
-
total
29 386
-
84 428
-
Employer
82 797
-
209 639
-
pensions
6 624
-
16 771
-
social contributions
890
-
2 254
-
total
7 514
-
19 025
-
Corporate
146 725
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%.

29 345
48 500
-
-
total
29 345
48 500
-
-
Dividends
117 380
194 000
-
-
withholding
25 824
42 680
-
-
total
25 824
42 680
-
-
Income
242 500
242 500
242 500
242 500
Total tax
92 069
91 180
103 453
104 754
After tax
150 431
151 320
139 047
137 746
Living cost
53 411
53 411
53 411
53 411
Free-cash
97 020
97 909
85 636
84 335

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173077
₽85363
₽68372
₽164826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
52 832
surtax
-
-
-
61 837
social contributions

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

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
153 204
Employee
29 388
-
192 455
-
surtax
-
-
27 906
-
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.

3 233
-
13 185
-
income
5 231
-
45 077
-
total
8 464
-
86 168
-
Employer
29 388
-
192 455
-
social contributions

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

7 079
-
28 875
-
surtax
-
-
21 170
-
total
7 079
-
50 045
-
Corporate
206 033
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%.

41 207
48 499
-
-
total
41 207
48 499
-
-
Dividends

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

164 826
194 001
-
-
total
-
-
-
-
Income
242 500
242 500
242 500
242 500
Total tax
56 750
48 499
136 213
153 204
After tax
185 750
194 001
106 287
89 296
Living cost
20 924
20 924
20 924
20 924
Free-cash
164 826
173 077
85 363
68 372

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
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.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78904
₽112930
₽87200
₽72740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
88 982
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
113 168
Employee
85 887
85 887
223 809
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
44 561
-
health
13 183
11 213
12 402
-
total
42 701
37 055
68 747
-
Employer
85 887
85 887
223 809
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
142 627
141 573
-
-
income
28 526
28 314
-
-
total
28 526
28 314
-
-
Dividends
114 101
113 259
-
-
income
24 247
24 067
-
-
withholding
17 114
16 988
-
-
total
41 361
41 055
-
-
Income
242 500
242 500
242 500
242 500
Total tax
127 628
121 464
87 438
113 168
After tax
114 872
121 036
155 062
129 332
Living cost
42 132
42 132
42 132
42 132
Free-cash
72 740
78 904
112 930
87 200

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91199
₽78579
₽79579
₽90274
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
64 512
national
-
-
-
31 041
pensions
-
-
-
9 762
total
-
-
-
121 715
Employee
58 715
-
214 125
-
municipal
17 509
-
63 852
-
national
-
-
30 488
-
total
17 509
-
94 340
-
Employer
58 715
-
214 125
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
165 337
242 500
-
-
income
36 374
53 350
-
-
total
36 374
53 350
-
-
Dividends
128 963
189 150
-
-
withholding
38 689
56 745
-
-
total
38 689
56 745
-
-
Income
242 500
242 500
242 500
242 500
Total tax
111 020
110 095
122 715
121 715
After tax
131 480
132 405
119 785
120 785
Living cost
41 206
41 206
41 206
41 206
Free-cash
90 274
91 199
78 579
79 579

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81441
₽109393
₽77193
₽95575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
82 205
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.

-
-
-
4 521
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.

-
-
-
6 871
trade
-
-
-
32 200
total
-
-
-
125 797
Employee

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

51 004
-
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.

240
-
4 521
-
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.

4 382
-
82 205
-
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.

6 871
-
6 871
-
total
11 493
-
93 597
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
191 496
242 500
-
-
income
28 724
36 376
-
-
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.

1 580
2 000
-
-
chamber of commerce
426
498
-
-
trade
31 501
39 892
-
-
total
62 231
78 766
-
-
Dividends
129 265
163 734
-
-
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.

1 756
2 231
-
-
withholding
31 935
40 552
-
-
total
33 691
42 783
-
-
Income
242 500
242 500
242 500
242 500
Total tax
107 415
121 549
93 597
125 797
After tax
135 085
120 951
148 903
116 703
Living cost
39 510
39 510
39 510
39 510
Free-cash
95 575
81 441
109 393
77 193

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144073
₽127902
₽129855
₽139902
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
57 567
social contributions
-
-
-
16 273
health
-
-
-
6 184
total
-
-
-
80 024
Employee
77 337
77 337
229 596
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
56 513
-
health
769
1 315
3 903
-
total
12 648
14 893
69 073
-
Employer
77 337
77 337
229 596
-
health
838
1 431
4 247
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
12 904
-
Corporate
192 634
157 313
-
-
income
24 079
19 664
-
-
total
24 079
19 664
-
-
Dividends
168 556
137 649
-
-
withholding
28 654
23 399
-
-
total
28 654
23 399
-
-
Income
242 500
242 500
242 500
242 500
Total tax
69 977
65 806
81 977
80 024
After tax
172 523
176 694
160 523
162 476
Living cost
32 621
32 621
32 621
32 621
Free-cash
139 902
144 073
127 902
129 855

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117635
₽122124
₽149536
₽118019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
29 646
unemployment
-
-
-
3 638
health
-
-
-
16 975
pensions
-
-
-
24 250
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.

26 641
10 603
202 929
-
unemployment
400
159
3 044
-
pensions
2 664
1 060
20 293
-
income
3 257
1 296
24 808
-
health
1 865
742
14 205
-
total
8 186
3 257
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.

26 641
10 603
202 929
-
pensions
5 195
2 068
39 571
-
total
5 195
2 068
39 571
-
Corporate
210 664
229 830
-
-
income
18 960
20 685
-
-
total
18 960
20 685
-
-
Dividends
191 705
209 145
-
-
social contributions
37 261
40 662
-
-
withholding
36 424
39 738
-
-
total
73 685
80 400
-
-
Income
242 500
242 500
242 500
242 500
Total tax
106 026
106 410
101 921
74 509
After tax
136 474
136 090
140 579
167 991
Living cost
18 455
18 455
18 455
18 455
Free-cash
118 019
117 635
122 124
149 536

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽169709
₽115480
₽105689
₽163460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
32 496
health
-
-
-
31 524
pensions
-
-
-
48 499
total
-
-
-
112 519
Employee
28 531
-
181 240
-
unemployment
456
-
2 899
-
pensions
571
-
3 624
-
income
3 212
-
34 943
-
total
4 239
-
41 466
-
Employer
28 531
-
181 240
-
health
3 708
-
23 562
-
pensions
5 707
-
36 248
-
unemployment
229
-
1 451
-
total
9 644
-
61 261
-
Corporate
204 324
242 500
-
-
income
40 865
48 499
-
-
total
40 865
48 499
-
-
Dividends
163 459
194 001
-
-
total
-
-
-
-
Income
242 500
242 500
242 500
242 500
Total tax
54 748
48 499
102 727
112 519
After tax
187 752
194 001
139 773
129 981
Living cost
24 292
24 292
24 292
24 292
Free-cash
163 460
169 709
115 480
105 689

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2758
₽111539
₽143147
₽16206
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
69 862
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
76 953
Employee
35 237
-
222 131
-
pensions
3 968
-
7 768
-
income
4 834
-
54 989
-
health
4 035
-
25 434
-
total
12 837
-
88 191
-
Employer
35 237
-
222 131
-
pensions
5 730
-
11 218
-
accident
588
-
3 710
-
unemployment
863
-
5 442
-
total
7 181
-
20 370
-
Corporate
200 082
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.

180 074
218 250
-
-
total
180 074
218 250
-
-
Dividends
20 008
24 250
-
-
withholding
3 802
4 608
-
-
total
3 802
4 608
-
-
Income
242 500
242 500
242 500
242 500
Total tax
203 894
222 858
108 561
76 953
After tax
38 606
19 642
133 939
165 547
Living cost
22 400
22 400
22 400
22 400
Free-cash
16 206
-2 758
111 539
143 147

Estimated living cost  is ₽22400 per week

₽16417
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.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽222235
₽185860
₽231935
₽220709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 174
-
242 500
-
income
2 035
-
48 500
-
total
2 035
-
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%.

232 326
242 500
-
-
total
-
-
-
-
Dividends
232 326
242 500
-
-
withholding
11 616
12 125
-
-
total
11 616
12 125
-
-
Income
242 500
242 500
242 500
242 500
Total tax
13 651
12 125
48 500
2 425
After tax
228 849
230 375
194 000
240 075
Living cost
8 140
8 140
8 140
8 140
Free-cash
220 709
222 235
185 860
231 935

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151366
₽119342
₽121307
₽144570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
43 694
other
-
-
-
7 264
health
-
-
-
6 730
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.

-
-
-
36 706
total
-
-
-
94 394
Employee
36 518
-
203 555
-
unemployment
365
-
1 529
-
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.

2 556
-
10 705
-
income
6 287
-
43 039
-
health
512
-
2 141
-
total
9 720
-
57 414
-
Employer
36 518
-
203 555
-
health
512
-
2 141
-
pensions

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

6 209
-
26 001
-
accident
292
-
1 628
-
unemployment
365
-
1 529
-
other
1 827
-
7 646
-
total
9 205
-
38 945
-
Corporate
196 779
242 500
-
-
income
41 323
50 925
-
-
total
41 323
50 925
-
-
Dividends
155 456
191 575
-
-
withholding
10 883
13 410
-
-
total
10 883
13 410
-
-
Income
242 500
242 500
242 500
242 500
Total tax
71 131
64 335
96 359
94 394
After tax
171 369
178 165
146 141
148 106
Living cost
26 799
26 799
26 799
26 799
Free-cash
144 570
151 366
119 342
121 307

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84718
₽67378
₽88961
₽92767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
76 358
pensions
-
-
-
10 322
total
-
-
-
86 680
Employee
94 595
-
211 223
-
pensions
9 126
-
12 211
-
income
17 052
-
61 970
-
health
1 559
-
2 805
-
total
27 737
-
76 986
-
Employer
94 595
-
211 223
-
health
1 797
-
4 014
-
pensions
11 169
-
27 263
-
total
12 966
-
31 277
-
Corporate
134 939
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.

25 638
46 074
-
-
total
25 638
46 074
-
-
Dividends
109 301
196 426
-
-
withholding
16 533
44 849
-
-
total
16 533
44 849
-
-
Income
242 500
242 500
242 500
242 500
Total tax
82 874
90 923
108 263
86 680
After tax
159 626
151 577
134 237
155 820
Living cost
66 859
66 859
66 859
66 859
Free-cash
92 767
84 718
67 378
88 961

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽194133
₽193739
₽183527
₽189453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
36 375
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
45 768
Employee
17 485
-
235 598
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
23 560
-
health
804
-
1 618
-
total
4 280
-
28 654
-
Employer
17 485
-
235 598
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
221 584
242 500
-
-
income
22 159
24 250
-
-
total
22 159
24 250
-
-
Dividends
199 425
218 250
-
-
withholding
9 971
10 912
-
-
total
9 971
10 912
-
-
Income
242 500
242 500
242 500
242 500
Total tax
39 842
35 162
35 556
45 768
After tax
202 658
207 338
206 944
196 732
Living cost
13 205
13 205
13 205
13 205
Free-cash
189 453
194 133
193 739
183 527

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and 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 Varna model

Close
Amsterdam , Netherlands
₽65266
₽99292
₽73562
₽67794
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
88 982
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
113 168
Employee
93 245
85 887
223 809
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
44 561
-
health
11 633
11 213
12 402
-
total
37 475
37 055
68 747
-
Employer
93 245
85 887
223 809
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
132 928
141 573
-
-
income
26 585
28 314
-
-
total
26 585
28 314
-
-
Dividends
106 344
113 259
-
-
income
22 598
24 067
-
-
withholding
15 952
16 988
-
-
total
38 550
41 055
-
-
Income
242 500
242 500
242 500
242 500
Total tax
118 936
121 464
87 438
113 168
After tax
123 564
121 036
155 062
129 332
Living cost
55 770
55 770
55 770
55 770
Free-cash
67 794
65 266
99 292
73 562

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141968
₽108429
₽119192
₽133051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
26 070
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
3 544
health
-
-
-
32 737
total
-
-
-
98 315
Employee
36 754
-
194 228
-
solidarity contribution
-
-
2 579
-
social contributions
2 389
-
8 006
-
income
4 411
-
24 000
-
health
4 962
-
26 221
-
total
11 762
-
60 806
-
Employer
36 754
-
194 228
-
health
3 308
-
17 481
-
social contributions
9 189
-
30 791
-
total
12 497
-
48 272
-
Corporate
193 249
242 500
-
-
income
36 717
46 075
-
-
total
36 717
46 075
-
-
Dividends
156 532
196 425
-
-
withholding
23 480
29 464
-
-
total
23 480
29 464
-
-
Income
242 500
242 500
242 500
242 500
Total tax
84 456
75 539
109 078
98 315
After tax
158 044
166 961
133 422
144 185
Living cost
24 993
24 993
24 993
24 993
Free-cash
133 051
141 968
108 429
119 192

Estimated living cost  is ₽24993 per week

₽17360
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.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86944
₽66924
₽75449
₽81693
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 337
regional
-
-
-
3 144
municipal
-
-
-
1 536
national
-
-
-
69 595
total
-
-
-
124 612
Employee
89 385
-
242 500
-
municipal
473
-
1 412
-
national
15 488
-
62 861
-
regional
843
-
2 871
-
social contributions
30 141
-
65 993
-
total
46 945
-
133 137
-
Employer
89 385
-
242 500
-
total
-
-
-
-
Corporate
153 115
242 500
-
-
municipal
5 972
9 457
-
-
nationa
36 748
58 201
-
-
total
42 720
67 658
-
-
Dividends
110 395
174 842
-
-
withholding
28 703
45 459
-
-
total
28 703
45 459
-
-
Income
242 500
242 500
242 500
242 500
Total tax
118 368
113 117
133 137
124 612
After tax
124 132
129 383
109 363
117 888
Living cost
42 439
42 439
42 439
42 439
Free-cash
81 693
86 944
66 924
75 449

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130340
₽85549
₽91698
₽127208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
78 529
other
-
-
-
-
surtax
-
-
-
13 475
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
128 609
Employee
33 259
-
214 245
-
other
-
-
-
-
unemployment
2 315
-
9 343
-
pensions
2 218
-
8 953
-
surtax
109
-
12 272
-
income
5 575
-
72 513
-
health
849
-
3 422
-
total
11 066
-
106 503
-
Employer
33 259
-
214 245
-
health
1 514
-
6 108
-
pensions
4 434
-
17 893
-
unemployment
1 054
-
4 254
-
other
-
-
-
-
total
7 002
-
28 255
-
Corporate
202 240
242 500
-
-
income
52 582
63 050
-
-
total
52 582
63 050
-
-
Dividends
149 658
179 450
-
-
withholding
22 449
26 917
-
-
total
22 449
26 917
-
-
Income
242 500
242 500
242 500
242 500
Total tax
93 099
89 967
134 758
128 609
After tax
149 401
152 533
107 742
113 891
Living cost
22 193
22 193
22 193
22 193
Free-cash
127 208
130 340
85 549
91 698

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105901
₽88561
₽110144
₽112506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
76 358
pensions
-
-
-
10 322
total
-
-
-
86 680
Employee
63 395
-
211 223
-
pensions
5 381
-
12 211
-
income
11 418
-
61 970
-
health
920
-
2 805
-
total
17 719
-
76 986
-
Employer
63 395
-
211 223
-
health
1 204
-
4 014
-
pensions
6 863
-
27 263
-
total
8 067
-
31 277
-
Corporate
171 038
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.

32 496
46 074
-
-
total
32 496
46 074
-
-
Dividends
138 541
196 426
-
-
withholding
26 036
44 849
-
-
total
26 036
44 849
-
-
Income
242 500
242 500
242 500
242 500
Total tax
84 318
90 923
108 263
86 680
After tax
158 182
151 577
134 237
155 820
Living cost
45 676
45 676
45 676
45 676
Free-cash
112 506
105 901
88 561
110 144

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31142
₽103652
₽112097
₽65264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 850
regional
-
-
-
13 794
health
-
-
-
545
city
-
-
-
2 556
national
-
-
-
6 603
pensions
-
-
-
22 310
total
-
-
-
50 658
Employee
93 322
-
218 467
-
unemployment
-
-
-
-
pensions
7 840
-
16 770
-
national
442
-
5 490
-
regional
3 056
-
12 354
-
city
1 002
-
2 366
-
health
211
-
492
-
total
12 551
-
37 472
-
Employer
93 322
-
218 467
-
health
211
-
492
-
pensions
7 840
-
16 770
-
unemployment
-
-
-
-
other

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

1 866
-
4 369
-
total
9 917
-
21 631
-
Corporate
138 235
242 500
-
-
regional
29 237
51 290
-
-
national
11 750
20 613
-
-
total
40 987
71 903
-
-
Dividends
97 247
170 598
-
-
withholding
34 036
59 710
-
-
total
34 036
59 710
-
-
Income
242 500
242 500
242 500
242 500
Total tax
97 491
131 613
59 103
50 658
After tax
145 009
110 887
183 397
191 842
Living cost
79 745
79 745
79 745
79 745
Free-cash
65 264
31 142
103 652
112 097

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽73634
₽102829
₽69261
₽89942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
82 205
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.

-
-
-
4 521
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.

-
-
-
6 871
trade
-
-
-
33 568
total
-
-
-
127 165
Employee

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

60 444
-
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.

391
-
4 521
-
income

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

7 108
-
82 205
-
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.

6 871
-
6 871
-
total
14 370
-
93 597
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 056
242 500
-
-
income
27 308
36 376
-
-
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.

1 502
2 000
-
-
chamber of commerce
408
494
-
-
trade
31 223
41 588
-
-
total
60 441
80 458
-
-
Dividends
121 615
162 041
-
-
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.

1 651
2 206
-
-
withholding
30 022
40 128
-
-
total
31 673
42 334
-
-
Income
242 500
242 500
242 500
242 500
Total tax
106 484
122 792
93 597
127 165
After tax
136 016
119 708
148 903
115 335
Living cost
46 074
46 074
46 074
46 074
Free-cash
89 942
73 634
102 829
69 261

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87810
₽88748
₽96880
₽93749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
47 476
other
-
-
-
7 518
surtax
-
-
-
-
social contributions
-
-
-
6 909
health
-
-
-
12 293
pensions
-
-
-
37 014
total
-
-
-
111 210
Employee
43 044
-
184 259
-
pensions
4 867
-
14 231
-
surtax
-
-
-
-
social contributions
1 227
-
5 249
-
income
2 540
-
41 624
-
total
8 634
-
61 104
-
Employer
43 044
-
184 259
-
health
3 014
-
18 728
-
pensions
7 071
-
23 702
-
unemployment
1 743
-
7 463
-
social contributions
130
-
553
-
other
1 485
-
7 792
-
total
13 443
-
58 238
-
Corporate
186 013
242 500
-
-
income
52 084
67 900
-
-
surtax
-
-
-
-
total
52 084
67 900
-
-
Dividends
133 930
174 600
-
-
surtax
-
-
-
-
social contributions
23 037
30 030
-
-
withholding
17 143
22 350
-
-
total
40 180
52 380
-
-
Income
242 500
242 500
242 500
242 500
Total tax
114 341
120 280
119 342
111 210
After tax
128 159
122 220
123 158
131 290
Living cost
34 410
34 410
34 410
34 410
Free-cash
93 749
87 810
88 748
96 880

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91219
₽92157
₽100289
₽96807
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
47 476
other
-
-
-
7 518
surtax
-
-
-
-
social contributions
-
-
-
6 909
health
-
-
-
12 293
pensions
-
-
-
37 014
total
-
-
-
111 210
Employee
38 423
-
184 259
-
pensions
4 346
-
14 231
-
surtax
-
-
-
-
social contributions
1 096
-
5 249
-
income
1 981
-
41 624
-
total
7 423
-
61 104
-
Employer
38 423
-
184 259
-
health
2 689
-
18 728
-
pensions
6 314
-
23 702
-
unemployment
1 556
-
7 463
-
social contributions
115
-
553
-
other
1 326
-
7 792
-
total
12 000
-
58 238
-
Corporate
192 077
242 500
-
-
income
53 782
67 900
-
-
surtax
-
-
-
-
total
53 782
67 900
-
-
Dividends
138 295
174 600
-
-
surtax
-
-
-
-
social contributions
23 785
30 030
-
-
withholding
17 702
22 350
-
-
total
41 487
52 380
-
-
Income
242 500
242 500
242 500
242 500
Total tax
114 692
120 280
119 342
111 210
After tax
127 808
122 220
123 158
131 290
Living cost
31 001
31 001
31 001
31 001
Free-cash
96 807
91 219
92 157
100 289

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126620
₽127486
₽134405
₽127141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
36 376
social contributions
-
-
-
33 465
health
-
-
-
16 927
total
-
-
-
86 768
Employee
34 101
-
242 500
-
social contributions
4 707
-
33 465
-
income
5 688
-
43 295
-
health
2 380
-
16 927
-
total
12 775
-
93 687
-
Employer
34 101
-
242 500
-
total
-
-
-
-
Corporate
208 399
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%.

10 419
12 125
-
-
total
10 419
12 125
-
-
Dividends
197 980
230 375
-
-
social contributions
27 322
31 791
-
-
withholding
29 698
34 557
-
-
health
13 818
16 080
-
-
total
70 838
82 428
-
-
Income
242 500
242 500
242 500
242 500
Total tax
94 032
94 553
93 687
86 768
After tax
148 468
147 947
148 813
155 732
Living cost
21 327
21 327
21 327
21 327
Free-cash
127 141
126 620
127 486
134 405

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98115
₽27782
₽88527
₽96557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
80 472
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
970
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
118 534
Employee
50 263
40 080
202 295
-
other
502
401
1 176
-
unemployment
1 508
1 202
3 525
-
pensions
5 147
4 103
12 032
-
income
5 722
2 956
68 177
-
health
1 945
1 552
4 546
-
total
14 824
10 214
89 456
-
Employer
50 263
40 080
202 295
-
chamber of commerce
200
160
809
-
health
1 899
1 515
4 441
-
pensions
6 308
5 031
14 746
-
accident
653
521
1 527
-
unemployment
1 508
1 202
3 525
-
surtax
198
198
198
-
payroll
1 508
1 202
6 069
-
other
2 388
1 903
8 888
-
total
14 662
11 732
40 203
-
Corporate
177 575
190 685
198 478
-
income

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

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

44 394
47 671
49 620
-
total
44 394
47 671
49 620
-
Dividends
133 182
143 014
-
-
withholding
36 624
39 329
-
-
total
36 624
39 329
-
-
Income
242 500
242 500
242 500
242 500
Total tax
110 504
108 946
179 279
118 534
After tax
131 996
133 554
63 221
123 966
Living cost
35 439
35 439
35 439
35 439
Free-cash
96 557
98 115
27 782
88 527

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95499
₽45056
₽68886
₽83732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
13 045
social contributions
-
-
-
25 075
national
-
-
-
98 823
total
-
-
-
136 943
Employee

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

71 942
-
187 823
-
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.

626
-
1 634
-
communal

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

3 752
-
9 797
-
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.

5 396
-
14 087
-
national
22 118
-
71 748
-
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.

3 380
-
8 829
-
total
35 272
-
106 095
-
Employer

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

71 942
-
187 823
-
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.

4 424
-
11 553
-
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.

6 375
-
16 641
-
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.

935
-
2 441
-
unemployment

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

1 050
-
2 743
-
surtax
8 157
-
21 300
-
total
20 941
-
54 678
-
Corporate
149 617
242 500
-
-
income
29 923
53 147
-
-
surtax
599
1 063
-
-
total
30 522
54 210
-
-
Dividends
119 095
188 290
-
-
withholding

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

35 362
56 120
-
-
total
35 362
56 120
-
-
Income
242 500
242 500
242 500
242 500
Total tax
122 097
110 330
160 773
136 943
After tax
120 403
132 170
81 727
105 557
Living cost
36 671
36 671
36 671
36 671
Free-cash
83 732
95 499
45 056
68 886

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124532
₽94816
₽99035
₽117641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
79 175
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
107 143
Employee
50 064
-
212 781
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
75 723
-
total
13 743
-
81 644
-
Employer
50 064
-
212 781
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
176 479
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.

26 472
36 376
-
-
total
26 472
36 376
-
-
Dividends
150 006
206 124
-
-
withholding
32 364
45 270
-
-
total
32 364
45 270
-
-
Income
242 500
242 500
242 500
242 500
Total tax
88 537
81 646
111 362
107 143
After tax
153 963
160 854
131 138
135 357
Living cost
36 322
36 322
36 322
36 322
Free-cash
117 641
124 532
94 816
99 035

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81252
₽67588
₽58343
₽67419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
15 326
accident
-
-
-
2 015
income
-
-
-
47 447
surtax
-
-
-
12 076
health
-
-
-
16 799
pensions
-
-
-
35 838
total
-
-
-
129 501
Employee
76 164
-
216 614
-
pensions
6 092
-
17 330
-
surtax
4 668
-
13 274
-
income
7 357
-
54 125
-
health
3 390
-
9 640
-
total
21 507
-
94 369
-
Employer
76 164
-
216 614
-
health
2 323
-
6 608
-
pensions
6 092
-
17 330
-
accident
685
-
1 949
-
total
9 100
-
25 887
-
Corporate
157 235
242 500
-
-
communal
10 614
16 368
-
-
income
23 585
36 376
-
-
surtax
1 651
2 546
-
-
total
35 850
55 290
-
-
Dividends
121 386
187 210
-
-
income
35 760
23 221
-
-
withholding
18 208
28 081
-
-
total
53 968
51 302
-
-
Income
242 500
242 500
242 500
242 500
Total tax
120 425
106 592
120 256
129 501
After tax
122 075
135 908
122 244
112 999
Living cost
54 656
54 656
54 656
54 656
Free-cash
67 419
81 252
67 588
58 343

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129943
₽85152
₽91301
₽126743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
78 529
other
-
-
-
-
surtax
-
-
-
13 475
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
128 609
Employee
33 870
-
214 245
-
other
-
-
-
-
unemployment
2 357
-
9 343
-
pensions
2 260
-
8 953
-
surtax
120
-
12 272
-
income
5 678
-
72 513
-
health
865
-
3 422
-
total
11 280
-
106 503
-
Employer
33 870
-
214 245
-
health
1 540
-
6 108
-
pensions
4 516
-
17 893
-
unemployment
1 075
-
4 254
-
other
-
-
-
-
total
7 131
-
28 255
-
Corporate
201 499
242 500
-
-
income
52 389
63 050
-
-
total
52 389
63 050
-
-
Dividends
149 110
179 450
-
-
withholding
22 367
26 917
-
-
total
22 367
26 917
-
-
Income
242 500
242 500
242 500
242 500
Total tax
93 167
89 967
134 758
128 609
After tax
149 333
152 533
107 742
113 891
Living cost
22 590
22 590
22 590
22 590
Free-cash
126 743
129 943
85 152
91 301

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100370
₽81558
₽90039
₽98137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 337
regional
-
-
-
3 900
municipal
-
-
-
1 536
national
-
-
-
69 595
total
-
-
-
125 368
Employee
55 790
-
242 500
-
municipal
296
-
1 412
-
national
8 839
-
62 861
-
regional
751
-
3 583
-
social contributions
18 813
-
65 993
-
total
28 699
-
133 849
-
Employer
55 790
-
242 500
-
total
-
-
-
-
Corporate
186 710
242 500
-
-
municipal
9 280
12 053
-
-
nationa
44 810
58 201
-
-
total
54 090
70 254
-
-
Dividends
132 620
172 247
-
-
withholding
34 481
44 783
-
-
total
34 481
44 783
-
-
Income
242 500
242 500
242 500
242 500
Total tax
117 270
115 037
133 849
125 368
After tax
125 230
127 463
108 651
117 132
Living cost
27 093
27 093
27 093
27 093
Free-cash
98 137
100 370
81 558
90 039

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136163
₽102624
₽113387
₽125176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
26 070
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
3 544
health
-
-
-
32 737
total
-
-
-
98 315
Employee
45 291
-
194 228
-
solidarity contribution
-
-
2 579
-
social contributions
2 944
-
8 006
-
income
5 435
-
24 000
-
health
6 114
-
26 221
-
total
14 493
-
60 806
-
Employer
45 291
-
194 228
-
health
4 076
-
17 481
-
social contributions
11 323
-
30 791
-
total
15 399
-
48 272
-
Corporate
181 810
242 500
-
-
income
34 544
46 075
-
-
total
34 544
46 075
-
-
Dividends
147 266
196 425
-
-
withholding
22 090
29 464
-
-
total
22 090
29 464
-
-
Income
242 500
242 500
242 500
242 500
Total tax
86 526
75 539
109 078
98 315
After tax
155 974
166 961
133 422
144 185
Living cost
30 798
30 798
30 798
30 798
Free-cash
125 176
136 163
102 624
113 387

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101574
₽31182
₽92077
₽101075
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
80 472
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
970
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
118 336
Employee
43 964
40 080
202 481
-
other
439
401
1 176
-
unemployment
1 319
1 202
3 525
-
pensions
4 502
4 103
12 032
-
income
3 916
2 956
68 270
-
health
1 701
1 552
4 546
-
total
11 877
10 214
89 549
-
Employer
43 964
40 080
202 481
-
chamber of commerce
176
160
809
-
health
1 662
1 515
4 441
-
pensions
5 518
5 031
14 746
-
accident
571
521
1 527
-
unemployment
1 319
1 202
3 525
-
surtax
-
-
-
-
payroll
1 319
1 202
6 075
-
other
2 088
1 903
8 894
-
total
12 653
11 534
40 017
-
Corporate
185 884
190 884
198 665
-
income

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

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

46 470
47 721
49 665
-
total
46 470
47 721
49 665
-
Dividends
139 413
143 163
-
-
withholding
38 338
39 370
-
-
total
38 338
39 370
-
-
Income
242 500
242 500
242 500
242 500
Total tax
109 338
108 839
179 231
118 336
After tax
133 162
133 661
63 269
124 164
Living cost
32 087
32 087
32 087
32 087
Free-cash
101 075
101 574
31 182
92 077

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽217691
₽181316
₽227391
₽215313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 855
-
242 500
-
income
3 171
-
48 500
-
total
3 171
-
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%.

226 645
242 500
-
-
total
-
-
-
-
Dividends
226 645
242 500
-
-
withholding
11 332
12 125
-
-
total
11 332
12 125
-
-
Income
242 500
242 500
242 500
242 500
Total tax
14 503
12 125
48 500
2 425
After tax
227 997
230 375
194 000
240 075
Living cost
12 684
12 684
12 684
12 684
Free-cash
215 313
217 691
181 316
227 391

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139986
₽78629
₽83893
₽131573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
63 116
unemployment
-
-
-
365
health
-
-
-
23 863
pensions
-
-
-
44 287
total
-
-
-
131 631
Employee

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

44 474
-
209 829
-
unemployment
63
-
294
-
pensions
6 894
-
32 524
-
income
7 670
-
57 850
-
health
2 872
-
13 555
-
total
17 499
-
104 223
-
Employer

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

44 474
-
209 829
-
health
2 962
-
13 975
-
pensions
3 936
-
18 571
-
unemployment
27
-
126
-
total
6 925
-
32 672
-
Corporate
191 101
242 500
-
-
income
36 309
46 075
-
-
total
36 309
46 075
-
-
Dividends
154 792
196 425
-
-
withholding
23 218
29 463
-
-
total
23 218
29 463
-
-
Income
242 500
242 500
242 500
242 500
Total tax
83 951
75 538
136 895
131 631
After tax
158 549
166 962
105 605
110 869
Living cost
26 976
26 976
26 976
26 976
Free-cash
131 573
139 986
78 629
83 893

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103534
₽185081
₽123584
₽55026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
47 268
social contributions
-
-
-
27 645
total
-
-
-
74 913
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
90 442
242 500
-
-
income
19 897
53 350
-
-
total
19 897
53 350
-
-
Dividends
70 545
189 150
-
-
income
15 520
41 613
-
-
total
15 520
41 613
-
-
Income
242 500
242 500
242 500
242 500
Total tax
143 471
94 963
13 416
74 913
After tax
99 029
147 537
229 084
167 587
Living cost
44 003
44 003
44 003
44 003
Free-cash
55 026
103 534
185 081
123 584

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106387
₽74587
₽94131
₽105373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
32 554
surtax
-
-
-
-
social contributions

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

-
-
-
84 268
total
-
-
-
116 822
Employee
46 257
-
195 959
-
surtax
-
-
542
-
social contributions
5 088
-
21 556
-
income
9 622
-
67 727
-
total
14 710
-
89 825
-
Employer
46 257
-
195 959
-
social contributions
10 986
-
46 541
-
total
10 986
-
46 541
-
Corporate
185 258
242 500
-
-
income
38 905
50 925
-
-
surtax
-
-
-
-
total
38 905
50 925
-
-
Dividends
146 353
191 575
-
-
withholding
40 979
53 641
-
-
total
40 979
53 641
-
-
Income
242 500
242 500
242 500
242 500
Total tax
105 580
104 566
136 366
116 822
After tax
136 920
137 934
106 134
125 678
Living cost
31 547
31 547
31 547
31 547
Free-cash
105 373
106 387
74 587
94 131

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73644
₽74582
₽82714
₽80559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
47 476
other
-
-
-
7 518
surtax
-
-
-
-
social contributions
-
-
-
6 909
health
-
-
-
12 293
pensions
-
-
-
37 014
total
-
-
-
111 210
Employee
62 992
-
184 259
-
pensions
7 125
-
14 231
-
surtax
-
-
-
-
social contributions
1 794
-
5 249
-
income
5 496
-
41 624
-
total
14 415
-
61 104
-
Employer
62 992
-
184 259
-
health
4 409
-
18 728
-
pensions
10 350
-
23 702
-
unemployment
2 552
-
7 463
-
social contributions
189
-
553
-
other
2 174
-
7 792
-
total
19 674
-
58 238
-
Corporate
159 834
242 500
-
-
income
44 753
67 900
-
-
surtax
-
-
-
-
total
44 753
67 900
-
-
Dividends
115 082
174 600
-
-
surtax
-
-
-
-
social contributions
19 792
30 030
-
-
withholding
14 731
22 350
-
-
total
34 523
52 380
-
-
Income
242 500
242 500
242 500
242 500
Total tax
113 365
120 280
119 342
111 210
After tax
129 135
122 220
123 158
131 290
Living cost
48 576
48 576
48 576
48 576
Free-cash
80 559
73 644
74 582
82 714

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽188017
₽152556
₽146110
₽184640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
12 807
social contributions
-
-
-
53 351
total
-
-
-
66 158
Employee
32 334
-
209 957
-
income
-
-
13 524
-
social contributions
2 101
-
13 646
-
total
2 101
-
27 170
-
Employer
32 334
-
209 957
-
social contributions
5 012
-
32 542
-
total
5 012
-
32 542
-
Corporate
205 154
242 500
-
-
income
20 515
24 251
-
-
total
20 515
24 251
-
-
Dividends
184 639
218 249
-
-
total
-
-
-
-
Income
242 500
242 500
242 500
242 500
Total tax
27 628
24 251
59 712
66 158
After tax
214 872
218 249
182 788
176 342
Living cost
30 232
30 232
30 232
30 232
Free-cash
184 640
188 017
152 556
146 110

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23474
₽23474
₽90827
₽12691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
19 330
municipal
-
-
-
52 457
national
-
-
-
30 601
pensions
-
-
-
871
total
-
-
-
103 259
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
23 473
-
-
-
income
5 164
-
-
-
total
5 164
-
-
-
Dividends
18 309
-
-
-
withholding
5 619
-
-
-
total
5 619
-
-
-
Income
242 500
242 500
242 500
242 500
Total tax
181 395
170 612
170 612
103 259
After tax
61 105
71 888
71 888
139 241
Living cost
48 414
48 414
48 414
48 414
Free-cash
12 691
23 474
23 474
90 827

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2428
₽111869
₽143477
₽16257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
69 862
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
76 953
Employee
34 717
-
222 131
-
pensions
3 909
-
7 768
-
income
4 763
-
54 989
-
health
3 975
-
25 434
-
total
12 647
-
88 191
-
Employer
34 717
-
222 131
-
pensions
5 645
-
11 218
-
accident
580
-
3 710
-
unemployment
851
-
5 442
-
total
7 076
-
20 370
-
Corporate
200 707
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.

180 637
218 250
-
-
total
180 637
218 250
-
-
Dividends
20 071
24 250
-
-
withholding
3 813
4 608
-
-
total
3 813
4 608
-
-
Income
242 500
242 500
242 500
242 500
Total tax
204 173
222 858
108 561
76 953
After tax
38 327
19 642
133 939
165 547
Living cost
22 070
22 070
22 070
22 070
Free-cash
16 257
-2 428
111 869
143 477

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109258
₽80524
₽108302
₽112391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 315
municipal
-
-
-
43 054
national
-
-
-
49 216
total
-
-
-
95 585
Employee
52 914
-
204 004
-
municipal
8 667
-
33 202
-
unemployment
794
-
3 059
-
pensions
3 571
-
13 771
-
national
874
-
32 113
-
health
395
-
2 722
-
total
14 301
-
84 867
-
Employer
52 914
-
204 004
-
health
407
-
1 571
-
pensions
9 180
-
35 395
-
accident
53
-
204
-
unemployment
344
-
1 326
-
total
9 984
-
38 496
-
Corporate
179 602
242 500
-
-
income
35 920
48 499
-
-
total
35 920
48 499
-
-
Dividends

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

107 761
145 501
-
-
municipal
19 397
26 190
-
-
national
11 894
19 940
-
-
total
31 291
46 130
-
-
Income
242 500
242 500
242 500
242 500
Total tax
91 496
94 629
123 363
95 585
After tax
151 004
147 871
119 137
146 915
Living cost
38 613
38 613
38 613
38 613
Free-cash
112 391
109 258
80 524
108 302

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153408
₽137237
₽139190
₽147933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
57 567
social contributions
-
-
-
16 273
health
-
-
-
6 184
total
-
-
-
80 024
Employee
77 337
77 337
229 596
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
56 513
-
health
599
1 315
3 903
-
total
11 944
14 893
69 073
-
Employer
77 337
77 337
229 596
-
health
651
1 431
4 247
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
12 904
-
Corporate
203 695
157 313
-
-
income
25 463
19 664
-
-
total
25 463
19 664
-
-
Dividends
178 233
137 649
-
-
withholding
30 299
23 399
-
-
total
30 299
23 399
-
-
Income
242 500
242 500
242 500
242 500
Total tax
71 281
65 806
81 977
80 024
After tax
171 219
176 694
160 523
162 476
Living cost
23 286
23 286
23 286
23 286
Free-cash
147 933
153 408
137 237
139 190

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽184846
₽171082
₽191252
₽179731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
25 213
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
35 280
Employee

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

23 085
-
232 671
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
22 718
-
health
1 962
-
8 112
-
total
7 117
-
45 621
-
Employer

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

23 085
-
232 671
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
217 038
242 500
-
-
income
19 533
21 825
-
-
total
19 533
21 825
-
-
Dividends
197 506
220 675
-
-
withholding
17 775
19 861
-
-
total
17 775
19 861
-
-
Income
242 500
242 500
242 500
242 500
Total tax
46 801
41 686
55 450
35 280
After tax
195 699
200 814
187 050
207 220
Living cost
15 968
15 968
15 968
15 968
Free-cash
179 731
184 846
171 082
191 252

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
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.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133197
₽103481
₽107700
₽128755
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
79 175
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
107 143
Employee
37 188
-
212 781
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
75 723
-
total
9 530
-
81 644
-
Employer
37 188
-
212 781
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
193 455
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.

29 018
36 376
-
-
total
29 018
36 376
-
-
Dividends
164 437
206 124
-
-
withholding
35 683
45 270
-
-
total
35 683
45 270
-
-
Income
242 500
242 500
242 500
242 500
Total tax
86 088
81 646
111 362
107 143
After tax
156 412
160 854
131 138
135 357
Living cost
27 657
27 657
27 657
27 657
Free-cash
128 755
133 197
103 481
107 700

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149361
₽154376
₽154515
₽149040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
83 561
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
86 026
Employee
2 983
-
240 893
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
83 486
-
health
149
-
357
-
total
1 024
-
84 557
-
Employer
2 983
-
240 893
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
238 846
242 500
-
-
income
52 546
53 350
-
-
total
52 546
53 350
-
-
Dividends
186 300
189 150
-
-
withholding
37 260
37 830
-
-
total
37 260
37 830
-
-
Income
242 500
242 500
242 500
242 500
Total tax
91 501
91 180
86 165
86 026
After tax
150 999
151 320
156 335
156 474
Living cost
1 959
1 959
1 959
1 959
Free-cash
149 040
149 361
154 376
154 515

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157813
₽140588
₽140587
₽152864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
56 424
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
84 520
Employee

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

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

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

26 227
-
229 196
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
56 424
-
health
1 351
-
3 828
-
total
8 835
-
71 215
-
Employer

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

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

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

26 227
-
229 196
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
211 578
242 500
-
-
income
31 737
36 375
-
-
total
31 737
36 375
-
-
Dividends
179 841
206 125
-
-
withholding
26 976
30 919
-
-
total
26 976
30 919
-
-
Income
242 500
242 500
242 500
242 500
Total tax
72 243
67 294
84 519
84 520
After tax
170 257
175 206
157 981
157 980
Living cost
17 393
17 393
17 393
17 393
Free-cash
152 864
157 813
140 588
140 587

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
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.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110820
₽79020
₽98564
₽110457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
32 554
surtax
-
-
-
-
social contributions

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

-
-
-
84 268
total
-
-
-
116 822
Employee
39 035
-
195 959
-
surtax
-
-
542
-
social contributions
4 294
-
21 556
-
income
7 627
-
67 727
-
total
11 921
-
89 825
-
Employer
39 035
-
195 959
-
social contributions
9 270
-
46 541
-
total
9 270
-
46 541
-
Corporate
194 195
242 500
-
-
income
40 781
50 925
-
-
surtax
-
-
-
-
total
40 781
50 925
-
-
Dividends
153 414
191 575
-
-
withholding
42 957
53 641
-
-
total
42 957
53 641
-
-
Income
242 500
242 500
242 500
242 500
Total tax
104 929
104 566
136 366
116 822
After tax
137 571
137 934
106 134
125 678
Living cost
27 114
27 114
27 114
27 114
Free-cash
110 457
110 820
79 020
98 564

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125508
₽95792
₽100011
₽118926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
840
income
-
-
-
79 175
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
107 143
Employee
48 573
-
212 781
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
75 723
-
total
13 228
-
81 644
-
Employer
48 573
-
212 781
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
178 441
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.

26 766
36 376
-
-
total
26 766
36 376
-
-
Dividends
151 675
206 124
-
-
withholding
32 748
45 270
-
-
total
32 748
45 270
-
-
Income
242 500
242 500
242 500
242 500
Total tax
88 228
81 646
111 362
107 143
After tax
154 272
160 854
131 138
135 357
Living cost
35 346
35 346
35 346
35 346
Free-cash
118 926
125 508
95 792
100 011

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽190013
₽189619
₽179407
₽183876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
36 375
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
45 768
Employee
22 941
-
235 598
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
23 560
-
health
1 055
-
1 618
-
total
5 615
-
28 654
-
Employer
22 941
-
235 598
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
215 058
242 500
-
-
income
21 506
24 250
-
-
total
21 506
24 250
-
-
Dividends
193 552
218 250
-
-
withholding
9 677
10 912
-
-
total
9 677
10 912
-
-
Income
242 500
242 500
242 500
242 500
Total tax
41 299
35 162
35 556
45 768
After tax
201 201
207 338
206 944
196 732
Living cost
17 325
17 325
17 325
17 325
Free-cash
183 876
190 013
189 619
179 407

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85867
₽110074
₽81985
₽99023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
82 205
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.

-
-
-
4 521
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.

-
-
-
6 871
trade
-
-
-
28 089
total
-
-
-
121 686
Employee

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

50 042
-
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
-
4 521
-
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.

4 115
-
82 205
-
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.

6 871
-
6 871
-
total
11 213
-
93 597
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 458
242 500
-
-
income
28 869
36 376
-
-
surtax

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

1 588
2 000
-
-
chamber of commerce
435
508
-
-
trade
27 617
34 799
-
-
total
58 509
73 683
-
-
Dividends
133 948
168 817
-
-
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.

1 821
2 300
-
-
withholding
33 105
41 821
-
-
total
34 926
44 121
-
-
Income
242 500
242 500
242 500
242 500
Total tax
104 648
117 804
93 597
121 686
After tax
137 852
124 696
148 903
120 814
Living cost
38 829
38 829
38 829
38 829
Free-cash
99 023
85 867
110 074
81 985

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112458
₽62859
₽62859
₽114679
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
80 377
social contributions
-
-
-
41 972
total
-
-
-
122 349
Employee
78 672
-
242 500
-
income
14 845
-
80 377
-
social contributions
6 536
-
41 972
-
total
21 381
-
122 349
-
Employer
78 672
-
242 500
-
total
-
-
-
-
Corporate
163 828
242 500
-
-
income
20 479
30 312
-
-
total
20 479
30 312
-
-
Dividends
143 349
212 188
-
-
withholding
28 669
42 438
-
-
total
28 669
42 438
-
-
Income
242 500
242 500
242 500
242 500
Total tax
70 529
72 750
122 349
122 349
After tax
171 971
169 750
120 151
120 151
Living cost
57 292
57 292
57 292
57 292
Free-cash
114 679
112 458
62 859
62 859

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115802
₽131927
₽163538
₽119317
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
36 376
health

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

-
-
-
6 077
total
-
-
-
42 453
Employee
46 138
-
237 874
-
income
5 006
-
64 812
-
social contributions
4 623
-
4 626
-
total
9 629
-
69 438
-
Employer
46 138
-
237 874
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
191 740
242 500
-
-
income
67 108
84 875
-
-
total
67 108
84 875
-
-
Dividends
124 632
157 625
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
242 500
242 500
242 500
242 500
Total tax
86 674
90 189
74 064
42 453
After tax
155 826
152 311
168 436
200 047
Living cost
36 509
36 509
36 509
36 509
Free-cash
119 317
115 802
131 927
163 538

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114444
₽97104
₽118687
₽120362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
76 358
pensions
-
-
-
10 322
total
-
-
-
86 680
Employee
50 971
-
211 223
-
pensions
3 890
-
12 211
-
income
9 282
-
61 970
-
health
665
-
2 805
-
total
13 837
-
76 986
-
Employer
50 971
-
211 223
-
health
969
-
4 014
-
pensions
5 150
-
27 263
-
total
6 119
-
31 277
-
Corporate
185 411
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.

35 229
46 074
-
-
total
35 229
46 074
-
-
Dividends
150 182
196 426
-
-
withholding
29 820
44 849
-
-
total
29 820
44 849
-
-
Income
242 500
242 500
242 500
242 500
Total tax
85 005
90 923
108 263
86 680
After tax
157 495
151 577
134 237
155 820
Living cost
37 133
37 133
37 133
37 133
Free-cash
120 362
114 444
97 104
118 687

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4613
₽109684
₽141292
₽15922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
257
income
-
-
-
69 862
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
76 953
Employee
38 154
-
222 131
-
pensions
4 296
-
7 768
-
income
5 234
-
54 989
-
health
4 368
-
25 434
-
total
13 898
-
88 191
-
Employer
38 154
-
222 131
-
pensions
6 204
-
11 218
-
accident
637
-
3 710
-
unemployment
935
-
5 442
-
total
7 776
-
20 370
-
Corporate
196 571
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.

176 914
218 250
-
-
total
176 914
218 250
-
-
Dividends
19 657
24 250
-
-
withholding
3 735
4 608
-
-
total
3 735
4 608
-
-
Income
242 500
242 500
242 500
242 500
Total tax
202 323
222 858
108 561
76 953
After tax
40 177
19 642
133 939
165 547
Living cost
24 255
24 255
24 255
24 255
Free-cash
15 922
-4 613
109 684
141 292

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171923
₽165820
₽143699
₽168880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
40 970
unemployment
-
-
-
1 931
work injury
-
-
-
804
health insurance
-
-
-
11 905
pensions
-
-
-
29 602
total
-
-
-
85 212
Employee

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

21 742
-
242 500
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
40 970
-
total
8 153
-
63 091
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
220 758
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%.

22 076
24 250
-
-
total
22 076
24 250
-
-
Dividends
198 683
218 250
-
-
withholding
29 802
32 738
-
-
total
29 802
32 738
-
-
Income
242 500
242 500
242 500
242 500
Total tax
60 031
56 988
63 091
85 212
After tax
182 469
185 512
179 409
157 288
Living cost
13 589
13 589
13 589
13 589
Free-cash
168 880
171 923
165 820
143 699

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87665
₽66449
₽74709
₽83089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 337
regional
-
-
-
6 063
municipal
-
-
-
1 729
national
-
-
-
69 595
total
-
-
-
127 724
Employee
84 751
-
242 500
-
municipal
506
-
1 588
-
national
14 322
-
62 861
-
regional
1 280
-
5 542
-
social contributions
28 577
-
65 993
-
total
44 685
-
135 984
-
Employer
84 751
-
242 500
-
total
-
-
-
-
Corporate
157 749
242 500
-
-
municipal
7 604
11 688
-
-
nationa
37 861
58 201
-
-
total
45 465
69 889
-
-
Dividends
112 285
172 611
-
-
withholding
29 194
44 879
-
-
total
29 194
44 879
-
-
Income
242 500
242 500
242 500
242 500
Total tax
119 344
114 768
135 984
127 724
After tax
123 156
127 732
106 516
114 776
Living cost
40 067
40 067
40 067
40 067
Free-cash
83 089
87 665
66 449
74 709

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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