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
₽93600
₽119464
₽88181
₽104037
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 418
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.

-
-
-
4 588
health

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

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

-
-
-
6 447
trade
-
-
-
31 283
total
-
-
-
125 736
Employee

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

36 093
-
242 500
-
surtax

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

56
-
4 588
-
income

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

1 008
-
83 418
-
health

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

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

6 447
-
6 447
-
total
7 511
-
94 453
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
206 407
242 500
-
-
income
30 961
36 374
-
-
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.

1 703
2 000
-
-
chamber of commerce
441
492
-
-
trade
32 508
38 194
-
-
total
65 613
77 060
-
-
Dividends
140 794
165 439
-
-
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.

1 916
2 255
-
-
withholding
34 840
41 002
-
-
total
36 756
43 257
-
-
Income
242 500
242 500
242 500
242 500
Total tax
109 880
120 317
94 453
125 736
After tax
132 620
122 183
148 047
116 764
Living cost
28 583
28 583
28 583
28 583
Free-cash
104 037
93 600
119 464
88 181

Estimated living cost  is ₽28583 per week

₽17980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽101202
₽87869
₽86568
₽100369
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 050
national
-
-
-
47 057
pensions
-
-
-
29 100
total
-
-
-
105 814
Employee
77 691
-
209 639
-
municipal
9 596
-
27 989
-
pensions
3 108
-
8 386
-
national
14 870
-
49 113
-
total
27 574
-
85 488
-
Employer
77 691
-
209 639
-
pensions
6 215
-
16 771
-
social contributions
835
-
2 254
-
total
7 050
-
19 025
-
Corporate
152 630
242 500
-
-
income

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

30 526
48 500
-
-
total
30 526
48 500
-
-
Dividends
122 104
194 000
-
-
withholding
26 863
42 680
-
-
total
26 863
42 680
-
-
Income
242 500
242 500
242 500
242 500
Total tax
92 013
91 180
104 513
105 814
After tax
150 487
151 320
137 987
136 686
Living cost
50 118
50 118
50 118
50 118
Free-cash
100 369
101 202
87 869
86 568

Estimated living cost  is ₽50118 per week

₽34064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽174368
₽87389
₽70603
₽166626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 271
surtax
-
-
-
61 838
social contributions

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

-
-
-
36 156
microenterprise
-
-
-
-
total
-
-
-
152 265
Employee
27 574
-
194 061
-
surtax
-
-
28 139
-
social contributions

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

3 034
-
12 371
-
income
4 909
-
46 530
-
total
7 943
-
87 040
-
Employer
27 574
-
194 061
-
social contributions

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

6 642
-
27 093
-
surtax
-
-
21 346
-
total
6 642
-
48 439
-
Corporate
208 284
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%.

41 657
48 500
-
-
total
41 657
48 500
-
-
Dividends

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

166 626
194 000
-
-
total
-
-
-
-
Income
242 500
242 500
242 500
242 500
Total tax
56 242
48 500
135 479
152 265
After tax
186 258
194 000
107 021
90 235
Living cost
19 632
19 632
19 632
19 632
Free-cash
166 626
174 368
87 389
70 603

Estimated living cost  is ₽19632 per week

₽12525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽81664
₽115504
₽89040
₽75882
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
91 235
health
-
-
-
11 637
pensions
-
-
-
11 056
total
-
-
-
113 928
Employee
80 585
80 585
224 963
-
pensions
14 505
11 056
11 056
-
income

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

13 191
13 191
47 233
-
health
12 369
10 521
11 637
-
total
40 065
34 768
69 926
-
Employer
80 585
80 585
224 963
-
health
5 602
5 602
6 961
-
pensions
5 609
5 609
6 972
-
unemployment
2 901
2 901
3 605
-
total
14 112
14 112
17 538
-
Corporate
148 792
147 803
-
-
income
29 758
29 561
-
-
total
29 758
29 561
-
-
Dividends
119 034
118 243
-
-
income
25 295
25 127
-
-
withholding
17 856
17 736
-
-
total
43 151
42 863
-
-
Income
242 500
242 500
242 500
242 500
Total tax
127 086
121 304
87 464
113 928
After tax
115 414
121 196
155 036
128 572
Living cost
39 532
39 532
39 532
39 532
Free-cash
75 882
81 664
115 504
89 040

Estimated living cost  is ₽39532 per week

₽28015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽94582
₽81122
₽82039
₽93732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
166
other
-
-
-
9 633
unemployment
-
-
-
83
health
-
-
-
5 173
municipal
-
-
-
65 152
national
-
-
-
33 470
pensions
-
-
-
8 961
total
-
-
-
122 638
Employee
53 895
-
216 454
-
municipal
16 071
-
64 547
-
national
-
-
32 962
-
total
16 071
-
97 509
-
Employer
53 895
-
216 454
-
health
3 315
-
5 098
-
pensions
5 826
-
8 961
-
accident
108
-
166
-
unemployment
1 423
-
2 188
-
other
6 263
-
9 633
-
total
16 935
-
26 046
-
Corporate
171 671
242 500
-
-
income
37 768
53 350
-
-
total
37 768
53 350
-
-
Dividends
133 904
189 150
-
-
withholding
40 171
56 745
-
-
total
40 171
56 745
-
-
Income
242 500
242 500
242 500
242 500
Total tax
110 945
110 095
123 555
122 638
After tax
131 555
132 405
118 945
119 862
Living cost
37 823
37 823
37 823
37 823
Free-cash
93 732
94 582
81 122
82 039

Estimated living cost  is ₽37823 per week

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

Source of data for Stockholm model

Close
Hamburg , Germany
₽83866
₽110976
₽78301
₽97122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 418
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.

-
-
-
4 588
health

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

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

-
-
-
6 447
trade
-
-
-
32 675
total
-
-
-
127 128
Employee

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

47 855
-
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.

226
-
4 588
-
income

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

4 112
-
83 418
-
health

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

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

6 447
-
6 447
-
total
10 785
-
94 453
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 645
242 500
-
-
income
29 197
36 374
-
-
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.

1 606
2 000
-
-
chamber of commerce
421
489
-
-
trade
32 019
39 892
-
-
total
63 243
78 755
-
-
Dividends
131 401
163 745
-
-
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.

1 787
2 231
-
-
withholding
32 492
40 577
-
-
total
34 279
42 808
-
-
Income
242 500
242 500
242 500
242 500
Total tax
108 307
121 563
94 453
127 128
After tax
134 193
120 937
148 047
115 372
Living cost
37 071
37 071
37 071
37 071
Free-cash
97 122
83 866
110 976
78 301

Estimated living cost  is ₽37071 per week

₽24793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽146049
₽129395
₽131321
₽142135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
59 119
social contributions
-
-
-
15 268
health
-
-
-
6 184
total
-
-
-
80 571
Employee
72 564
72 564
230 120
-
social contributions
3 526
6 022
8 123
-
income
7 620
6 717
58 081
-
health
722
1 234
3 913
-
total
11 868
13 973
70 117
-
Employer
72 564
72 564
230 120
-
health
786
1 343
4 257
-
social contributions
3 526
6 022
8 123
-
total
4 312
7 365
12 380
-
Corporate
195 712
162 571
-
-
income
24 464
20 322
-
-
total
24 464
20 322
-
-
Dividends
171 248
142 249
-
-
withholding
29 113
24 183
-
-
total
29 113
24 183
-
-
Income
242 500
242 500
242 500
242 500
Total tax
69 757
65 843
82 497
80 571
After tax
172 743
176 657
160 003
161 929
Living cost
30 608
30 608
30 608
30 608
Free-cash
142 135
146 049
129 395
131 321

Estimated living cost  is ₽30608 per week

₽20924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽119187
₽123706
₽151118
₽119537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

24 356
9 693
202 929
-
unemployment
365
145
3 044
-
pensions
2 436
969
20 293
-
income
2 978
1 185
24 808
-
health
1 705
679
14 205
-
total
7 484
2 978
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.

24 356
9 693
202 929
-
pensions
4 749
1 890
39 571
-
total
4 749
1 890
39 571
-
Corporate
213 394
230 916
-
-
income
19 205
20 782
-
-
total
19 205
20 782
-
-
Dividends
194 189
210 134
-
-
social contributions
37 756
40 865
-
-
withholding
36 896
39 925
-
-
total
74 652
80 790
-
-
Income
242 500
242 500
242 500
242 500
Total tax
106 090
106 440
101 921
74 509
After tax
136 410
136 060
140 579
167 991
Living cost
16 873
16 873
16 873
16 873
Free-cash
119 537
119 187
123 706
151 118

Estimated living cost  is ₽16873 per week

₽11514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽171207
₽116980
₽107186
₽165345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 525
pensions
-
-
-
48 500
total
-
-
-
112 521
Employee
26 770
-
181 241
-
unemployment
428
-
2 899
-
pensions
535
-
3 625
-
income
3 014
-
34 944
-
total
3 977
-
41 468
-
Employer
26 770
-
181 241
-
health
3 479
-
23 561
-
pensions
5 354
-
36 247
-
unemployment
215
-
1 451
-
total
9 048
-
61 259
-
Corporate
206 681
242 500
-
-
income
41 337
48 500
-
-
total
41 337
48 500
-
-
Dividends
165 344
194 000
-
-
total
-
-
-
-
Income
242 500
242 500
242 500
242 500
Total tax
54 362
48 500
102 727
112 521
After tax
188 138
194 000
139 773
129 979
Living cost
22 793
22 793
22 793
22 793
Free-cash
165 345
171 207
116 980
107 186

Estimated living cost  is ₽22793 per week

₽15634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽1325
₽113374
₽144536
₽16427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
income
-
-
-
70 357
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
76 996
Employee
32 984
-
222 819
-
pensions
3 714
-
7 272
-
income
4 525
-
55 692
-
health
3 777
-
25 513
-
total
12 016
-
88 477
-
Employer
32 984
-
222 819
-
pensions
5 363
-
10 501
-
accident
551
-
3 721
-
unemployment
808
-
5 459
-
total
6 722
-
19 681
-
Corporate
202 794
242 500
-
-
income

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

182 514
218 250
-
-
total
182 514
218 250
-
-
Dividends
20 279
24 250
-
-
withholding
3 853
4 607
-
-
total
3 853
4 607
-
-
Income
242 500
242 500
242 500
242 500
Total tax
205 105
222 857
108 158
76 996
After tax
37 395
19 643
134 342
165 504
Living cost
20 968
20 968
20 968
20 968
Free-cash
16 427
-1 325
113 374
144 536

Estimated living cost  is ₽20968 per week

₽15368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽222784
₽186409
₽232484
₽221361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
242 500
microenterprise

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

-
-
-
2 425
total
-
-
-
2 425
Employee
9 489
-
242 500
-
income
1 897
-
48 500
-
total
1 897
-
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%.

233 011
242 500
-
-
total
-
-
-
-
Dividends
233 011
242 500
-
-
withholding
11 651
12 125
-
-
total
11 651
12 125
-
-
Income
242 500
242 500
242 500
242 500
Total tax
13 548
12 125
48 500
2 425
After tax
228 952
230 375
194 000
240 075
Living cost
7 591
7 591
7 591
7 591
Free-cash
221 361
222 784
186 409
232 484

Estimated living cost  is ₽7591 per week

₽4704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽153021
₽123111
₽125046
₽146646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 739
other
-
-
-
6 816
health
-
-
-
6 314
pensions

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

-
-
-
34 440
total
-
-
-
92 309
Employee
34 264
-
205 839
-
unemployment
342
-
1 434
-
pensions

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

2 398
-
10 045
-
income
5 899
-
44 095
-
health
480
-
2 009
-
total
9 119
-
57 583
-
Employer
34 264
-
205 839
-
health
480
-
2 009
-
pensions

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

5 825
-
24 396
-
accident
274
-
1 648
-
unemployment
342
-
1 434
-
other
1 714
-
7 174
-
total
8 635
-
36 661
-
Corporate
199 601
242 500
-
-
income
41 917
50 925
-
-
total
41 917
50 925
-
-
Dividends
157 684
191 575
-
-
withholding
11 038
13 409
-
-
total
11 038
13 409
-
-
Income
242 500
242 500
242 500
242 500
Total tax
70 709
64 334
94 244
92 309
After tax
171 791
178 166
148 256
150 191
Living cost
25 145
25 145
25 145
25 145
Free-cash
146 646
153 021
123 111
125 046

Estimated living cost  is ₽25145 per week

₽17766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽87527
₽70583
₽92108
₽95105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 455
pensions
-
-
-
10 002
total
-
-
-
87 457
Employee
89 044
-
211 127
-
pensions
8 590
-
11 741
-
income
16 051
-
63 106
-
health
1 467
-
2 763
-
total
26 108
-
77 610
-
Employer
89 044
-
211 127
-
health
1 691
-
4 012
-
pensions
10 513
-
27 360
-
total
12 204
-
31 372
-
Corporate
141 252
242 500
-
-
income

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

26 838
46 074
-
-
total
26 838
46 074
-
-
Dividends
114 414
196 426
-
-
withholding
19 310
45 964
-
-
total
19 310
45 964
-
-
Income
242 500
242 500
242 500
242 500
Total tax
84 460
92 038
108 982
87 457
After tax
158 040
150 462
133 518
155 043
Living cost
62 935
62 935
62 935
62 935
Free-cash
95 105
87 527
70 583
92 108

Estimated living cost  is ₽62935 per week

₽47158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽194966
₽195285
₽184954
₽190585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
45 175
Employee
16 380
-
236 034
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 438
-
2 894
-
income
1 638
-
23 604
-
health
753
-
1 516
-
total
4 009
-
28 377
-
Employer
16 380
-
236 034
-
health
1 131
-
2 274
-
pensions

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

1 805
-
3 632
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
unemployment
98
-
198
-
total
3 214
-
6 467
-
Corporate
222 905
242 500
-
-
income
22 290
24 250
-
-
total
22 290
24 250
-
-
Dividends
200 615
218 250
-
-
withholding
10 031
10 913
-
-
total
10 031
10 913
-
-
Income
242 500
242 500
242 500
242 500
Total tax
39 544
35 163
34 844
45 175
After tax
202 956
207 337
207 656
197 325
Living cost
12 371
12 371
12 371
12 371
Free-cash
190 585
194 966
195 285
184 954

Estimated living cost  is ₽12371 per week

₽7222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽68868
₽102708
₽76244
₽71241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
91 235
health
-
-
-
11 637
pensions
-
-
-
11 056
total
-
-
-
113 928
Employee
87 490
80 585
224 963
-
pensions
11 056
11 056
11 056
-
income

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

13 191
13 191
47 233
-
health
10 915
10 521
11 637
-
total
35 162
34 768
69 926
-
Employer
87 490
80 585
224 963
-
health
6 080
5 602
6 961
-
pensions
6 089
5 609
6 972
-
unemployment
3 150
2 901
3 605
-
total
15 319
14 112
17 538
-
Corporate
139 692
147 803
-
-
income
27 938
29 561
-
-
total
27 938
29 561
-
-
Dividends
111 754
118 243
-
-
income
23 748
25 127
-
-
withholding
16 764
17 736
-
-
total
40 512
42 863
-
-
Income
242 500
242 500
242 500
242 500
Total tax
118 931
121 304
87 464
113 928
After tax
123 569
121 196
155 036
128 572
Living cost
52 328
52 328
52 328
52 328
Free-cash
71 241
68 868
102 708
76 244

Estimated living cost  is ₽52328 per week

₽38600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽143836
₽111544
₽122511
₽135586
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 473
social contributions
-
-
-
33 276
solidarity contribution
-
-
-
4 377
health
-
-
-
32 738
total
-
-
-
96 864
Employee
34 007
-
196 340
-
solidarity contribution
-
-
3 393
-
social contributions
2 210
-
7 407
-
income
4 081
-
24 364
-
health
4 591
-
26 506
-
total
10 882
-
61 670
-
Employer
34 007
-
196 340
-
health
3 061
-
17 671
-
social contributions
8 502
-
28 490
-
total
11 563
-
46 161
-
Corporate
196 930
242 500
-
-
income
37 417
46 075
-
-
total
37 417
46 075
-
-
Dividends
159 514
196 425
-
-
withholding
23 927
29 464
-
-
total
23 927
29 464
-
-
Income
242 500
242 500
242 500
242 500
Total tax
83 789
75 539
107 831
96 864
After tax
158 711
166 961
134 669
145 636
Living cost
23 125
23 125
23 125
23 125
Free-cash
135 586
143 836
111 544
122 511

Estimated living cost  is ₽23125 per week

₽16063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽89564
₽70944
₽78944
₽84637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 230
regional
-
-
-
3 210
municipal
-
-
-
1 562
national
-
-
-
71 735
total
-
-
-
123 737
Employee
83 867
-
242 500
-
municipal
444
-
1 445
-
national
14 532
-
65 417
-
regional
791
-
2 955
-
social contributions
28 280
-
61 920
-
total
44 047
-
131 737
-
Employer
83 867
-
242 500
-
total
-
-
-
-
Corporate
158 633
242 500
-
-
municipal
6 187
9 457
-
-
nationa
38 072
58 201
-
-
total
44 259
67 658
-
-
Dividends
114 373
174 842
-
-
withholding
29 738
45 459
-
-
total
29 738
45 459
-
-
Income
242 500
242 500
242 500
242 500
Total tax
118 044
113 117
131 737
123 737
After tax
124 456
129 383
110 763
118 763
Living cost
39 819
39 819
39 819
39 819
Free-cash
84 637
89 564
70 944
78 944

Estimated living cost  is ₽39819 per week

₽27757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽131709
₽87151
₽92924
₽128770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 417
other
-
-
-
-
surtax
-
-
-
13 990
unemployment
-
-
-
215
health
-
-
-
8 941
pensions
-
-
-
25 189
total
-
-
-
128 752
Employee
31 207
-
215 989
-
other
-
-
-
-
unemployment
2 172
-
8 766
-
pensions
2 081
-
8 401
-
surtax
102
-
12 861
-
income
5 231
-
74 774
-
health
797
-
3 211
-
total
10 383
-
108 013
-
Employer
31 207
-
215 989
-
health
1 420
-
5 731
-
pensions
4 160
-
16 789
-
unemployment
989
-
3 992
-
other
-
-
-
-
total
6 569
-
26 512
-
Corporate
204 725
242 500
-
-
income
53 229
63 050
-
-
total
53 229
63 050
-
-
Dividends
151 496
179 450
-
-
withholding
22 725
26 917
-
-
total
22 725
26 917
-
-
Income
242 500
242 500
242 500
242 500
Total tax
92 906
89 967
134 525
128 752
After tax
149 594
152 533
107 975
113 748
Living cost
20 824
20 824
20 824
20 824
Free-cash
128 770
131 709
87 151
92 924

Estimated living cost  is ₽20824 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽107466
₽90522
₽112047
₽113682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 455
pensions
-
-
-
10 002
total
-
-
-
87 457
Employee
59 675
-
211 127
-
pensions
5 065
-
11 741
-
income
10 748
-
63 106
-
health
866
-
2 763
-
total
16 679
-
77 610
-
Employer
59 675
-
211 127
-
health
1 134
-
4 012
-
pensions
6 460
-
27 360
-
total
7 594
-
31 372
-
Corporate
175 232
242 500
-
-
income

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

33 294
46 074
-
-
total
33 294
46 074
-
-
Dividends
141 938
196 426
-
-
withholding
28 255
45 964
-
-
total
28 255
45 964
-
-
Income
242 500
242 500
242 500
242 500
Total tax
85 822
92 038
108 982
87 457
After tax
156 678
150 462
133 518
155 043
Living cost
42 996
42 996
42 996
42 996
Free-cash
113 682
107 466
90 522
112 047

Estimated living cost  is ₽42996 per week

₽32212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
₽36257
₽108512
₽115942
₽68192
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 849
regional
-
-
-
14 274
health
-
-
-
546
city
-
-
-
2 557
national
-
-
-
7 391
pensions
-
-
-
22 310
total
-
-
-
51 927
Employee
87 337
-
218 826
-
unemployment
-
-
-
-
pensions
7 337
-
16 398
-
national
413
-
6 049
-
regional
2 860
-
12 775
-
city
937
-
2 375
-
health
197
-
493
-
total
11 744
-
38 090
-
Employer
87 337
-
218 826
-
health
197
-
493
-
pensions
7 337
-
16 398
-
unemployment
-
-
-
-
other

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

1 746
-
4 376
-
total
9 280
-
21 267
-
Corporate
144 922
242 500
-
-
regional
30 651
51 289
-
-
national
12 319
20 613
-
-
total
42 970
71 902
-
-
Dividends
101 951
170 597
-
-
withholding
35 683
59 710
-
-
total
35 683
59 710
-
-
Income
242 500
242 500
242 500
242 500
Total tax
99 677
131 612
59 357
51 927
After tax
142 823
110 888
183 143
190 573
Living cost
74 631
74 631
74 631
74 631
Free-cash
68 192
36 257
108 512
115 942

Estimated living cost  is ₽74631 per week

₽48531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽916
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽76459
₽104817
₽70753
₽91761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 418
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.

-
-
-
4 588
health

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

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

-
-
-
6 447
trade
-
-
-
34 064
total
-
-
-
128 517
Employee

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

56 713
-
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.

367
-
4 588
-
income

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

6 669
-
83 418
-
health

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

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

6 447
-
6 447
-
total
13 483
-
94 453
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
185 787
242 500
-
-
income
27 868
36 374
-
-
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.

1 533
2 000
-
-
chamber of commerce
405
485
-
-
trade
31 862
41 589
-
-
total
61 668
80 448
-
-
Dividends
124 120
162 051
-
-
surtax

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

1 687
2 208
-
-
withholding
30 671
40 155
-
-
total
32 358
42 363
-
-
Income
242 500
242 500
242 500
242 500
Total tax
107 509
122 811
94 453
128 517
After tax
134 991
119 689
148 047
113 983
Living cost
43 230
43 230
43 230
43 230
Free-cash
91 761
76 459
104 817
70 753

Estimated living cost  is ₽43230 per week

₽31573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽89936
₽88775
₽97795
₽95508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 386
other
-
-
-
7 518
surtax
-
-
-
-
social contributions
-
-
-
6 909
health
-
-
-
12 636
pensions
-
-
-
35 970
total
-
-
-
112 419
Employee
40 388
-
183 649
-
pensions
4 567
-
14 441
-
surtax
-
-
-
-
social contributions
1 151
-
5 233
-
income
2 384
-
42 915
-
total
8 102
-
62 589
-
Employer
40 388
-
183 649
-
health
2 828
-
18 971
-
pensions
6 635
-
24 013
-
unemployment
1 635
-
7 437
-
social contributions
122
-
552
-
other
1 393
-
7 877
-
total
12 613
-
58 850
-
Corporate
189 500
242 500
-
-
income
53 059
67 899
-
-
surtax
-
-
-
-
total
53 059
67 899
-
-
Dividends
136 441
174 601
-
-
surtax
-
-
-
-
social contributions
23 468
30 030
-
-
withholding
17 464
22 349
-
-
total
40 932
52 379
-
-
Income
242 500
242 500
242 500
242 500
Total tax
114 706
120 278
121 439
112 419
After tax
127 794
122 222
121 061
130 081
Living cost
32 286
32 286
32 286
32 286
Free-cash
95 508
89 936
88 775
97 795

Estimated living cost  is ₽32286 per week

₽20358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽93135
₽91974
₽100994
₽98377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 386
other
-
-
-
7 518
surtax
-
-
-
-
social contributions
-
-
-
6 909
health
-
-
-
12 636
pensions
-
-
-
35 970
total
-
-
-
112 419
Employee
36 052
-
183 649
-
pensions
4 078
-
14 441
-
surtax
-
-
-
-
social contributions
1 028
-
5 233
-
income
1 859
-
42 915
-
total
6 965
-
62 589
-
Employer
36 052
-
183 649
-
health
2 523
-
18 971
-
pensions
5 924
-
24 013
-
unemployment
1 459
-
7 437
-
social contributions
107
-
552
-
other
1 245
-
7 877
-
total
11 258
-
58 850
-
Corporate
195 190
242 500
-
-
income
54 653
67 899
-
-
surtax
-
-
-
-
total
54 653
67 899
-
-
Dividends
140 537
174 601
-
-
surtax
-
-
-
-
social contributions
24 172
30 030
-
-
withholding
17 988
22 349
-
-
total
42 160
52 379
-
-
Income
242 500
242 500
242 500
242 500
Total tax
115 036
120 278
121 439
112 419
After tax
127 464
122 222
121 061
130 081
Living cost
29 087
29 087
29 087
29 087
Free-cash
98 377
93 135
91 974
100 994

Estimated living cost  is ₽29087 per week

₽16869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽127937
₽128483
₽135725
₽128426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 374
social contributions
-
-
-
33 464
health
-
-
-
16 927
total
-
-
-
86 765
Employee
31 996
-
242 500
-
social contributions
4 416
-
33 464
-
income
5 337
-
43 616
-
health
2 233
-
16 927
-
total
11 986
-
94 007
-
Employer
31 996
-
242 500
-
total
-
-
-
-
Corporate
210 504
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%.

10 524
12 125
-
-
total
10 524
12 125
-
-
Dividends
199 980
230 375
-
-
social contributions
27 598
31 792
-
-
withholding
29 997
34 557
-
-
health
13 959
16 079
-
-
total
71 554
82 428
-
-
Income
242 500
242 500
242 500
242 500
Total tax
94 064
94 553
94 007
86 765
After tax
148 436
147 947
148 493
155 735
Living cost
20 010
20 010
20 010
20 010
Free-cash
128 426
127 937
128 483
135 725

Estimated living cost  is ₽20010 per week

₽13392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1234
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽100197
₽29551
₽90486
₽98735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 990
surtax
-
-
-
186
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
971
health
-
-
-
8 433
pensions
-
-
-
20 395
total
-
-
-
118 763
Employee
47 160
37 607
203 760
-
other
471
376
1 103
-
unemployment
1 415
1 128
3 308
-
pensions
4 830
3 850
11 289
-
income
5 369
2 774
70 946
-
health
1 825
1 456
4 266
-
total
13 910
9 584
90 912
-
Employer
47 160
37 607
203 760
-
chamber of commerce
188
150
815
-
health
1 782
1 422
4 167
-
pensions
5 919
4 721
13 836
-
accident
612
489
1 433
-
unemployment
1 415
1 128
3 308
-
surtax
186
186
186
-
payroll
1 415
1 128
6 112
-
other
2 240
1 785
8 884
-
total
13 757
11 009
38 741
-
Corporate
181 583
193 884
200 178
-
income

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

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

45 396
48 471
50 045
-
total
45 396
48 471
50 045
-
Dividends
136 186
145 412
-
-
withholding
37 451
39 988
-
-
total
37 451
39 988
-
-
Income
242 500
242 500
242 500
242 500
Total tax
110 514
109 052
179 698
118 763
After tax
131 986
133 448
62 802
123 737
Living cost
33 251
33 251
33 251
33 251
Free-cash
98 735
100 197
29 551
90 486

Estimated living cost  is ₽33251 per week

₽22177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽96984
₽46711
₽71218
₽86905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 139
social contributions
-
-
-
23 527
national
-
-
-
100 209
total
-
-
-
136 875
Employee

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

67 501
-
187 822
-
unemployment

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

587
-
1 633
-
communal

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

3 521
-
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.

5 063
-
14 086
-
national
20 753
-
72 360
-
health

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

3 171
-
8 827
-
total
33 095
-
106 703
-
Employer

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

67 501
-
187 822
-
health

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

4 151
-
11 552
-
pensions

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

5 981
-
16 642
-
accident

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

877
-
2 443
-
unemployment

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

985
-
2 742
-
surtax
7 654
-
21 300
-
total
19 648
-
54 679
-
Corporate
155 350
242 500
-
-
income
31 070
54 207
-
-
surtax
621
1 083
-
-
total
31 691
55 290
-
-
Dividends
123 659
187 209
-
-
withholding

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

36 754
55 819
-
-
total
36 754
55 819
-
-
Income
242 500
242 500
242 500
242 500
Total tax
121 188
111 109
161 382
136 875
After tax
121 312
131 391
81 118
105 625
Living cost
34 407
34 407
34 407
34 407
Free-cash
86 905
96 984
46 711
71 218

Estimated living cost  is ₽34407 per week

₽22163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽126642
₽97196
₽101157
₽120176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
788
income
-
-
-
81 023
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
107 263
Employee
46 973
-
214 616
-
other
47
-
88
-
unemployment
729
-
1 356
-
pensions
2 208
-
4 112
-
income
9 911
-
77 784
-
total
12 895
-
83 340
-
Employer
46 973
-
214 616
-
pensions
11 085
-
20 642
-
accident
929
-
1 732
-
unemployment
2 584
-
4 810
-
other
374
-
700
-
total
14 972
-
27 884
-
Corporate
180 554
242 500
-
-
income

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

27 084
36 374
-
-
total
27 084
36 374
-
-
Dividends
153 470
206 126
-
-
withholding
33 293
45 404
-
-
total
33 293
45 404
-
-
Income
242 500
242 500
242 500
242 500
Total tax
88 244
81 778
111 224
107 263
After tax
154 256
160 722
131 276
135 237
Living cost
34 080
34 080
34 080
34 080
Free-cash
120 176
126 642
97 196
101 157

Estimated living cost  is ₽34080 per week

₽25096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽83399
₽69634
₽62436
₽70420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 882
income
-
-
-
50 079
surtax
-
-
-
12 330
health
-
-
-
15 691
pensions
-
-
-
33 473
total
-
-
-
128 781
Employee
71 463
-
216 614
-
pensions
5 716
-
17 329
-
surtax
4 380
-
13 275
-
income
6 903
-
55 456
-
health
3 180
-
9 638
-
total
20 179
-
95 698
-
Employer
71 463
-
216 614
-
health
2 179
-
6 606
-
pensions
5 716
-
17 329
-
accident
643
-
1 950
-
total
8 538
-
25 885
-
Corporate
162 498
242 500
-
-
communal
10 969
16 370
-
-
income
24 374
36 374
-
-
surtax
1 707
2 546
-
-
total
37 050
55 290
-
-
Dividends
125 449
187 209
-
-
income
36 212
24 447
-
-
withholding
18 818
28 081
-
-
total
55 030
52 528
-
-
Income
242 500
242 500
242 500
242 500
Total tax
120 797
107 818
121 583
128 781
After tax
121 703
134 682
120 917
113 719
Living cost
51 283
51 283
51 283
51 283
Free-cash
70 420
83 399
69 634
62 436

Estimated living cost  is ₽51283 per week

₽38470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3107
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽131337
₽86779
₽92552
₽128334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 417
other
-
-
-
-
surtax
-
-
-
13 990
unemployment
-
-
-
215
health
-
-
-
8 941
pensions
-
-
-
25 189
total
-
-
-
128 752
Employee
31 779
-
215 989
-
other
-
-
-
-
unemployment
2 212
-
8 766
-
pensions
2 120
-
8 401
-
surtax
113
-
12 861
-
income
5 328
-
74 774
-
health
811
-
3 211
-
total
10 584
-
108 013
-
Employer
31 779
-
215 989
-
health
1 445
-
5 731
-
pensions
4 237
-
16 789
-
unemployment
1 008
-
3 992
-
other
-
-
-
-
total
6 690
-
26 512
-
Corporate
204 030
242 500
-
-
income
53 048
63 050
-
-
total
53 048
63 050
-
-
Dividends
150 982
179 450
-
-
withholding
22 648
26 917
-
-
total
22 648
26 917
-
-
Income
242 500
242 500
242 500
242 500
Total tax
92 970
89 967
134 525
128 752
After tax
149 530
152 533
107 975
113 748
Living cost
21 196
21 196
21 196
21 196
Free-cash
128 334
131 337
86 779
92 552

Estimated living cost  is ₽21196 per week

₽12797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽102043
₽84631
₽92589
₽99949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 230
regional
-
-
-
3 964
municipal
-
-
-
1 562
national
-
-
-
71 735
total
-
-
-
124 491
Employee
52 347
-
242 500
-
municipal
278
-
1 445
-
national
8 293
-
65 417
-
regional
705
-
3 667
-
social contributions
17 652
-
61 920
-
total
26 928
-
132 449
-
Employer
52 347
-
242 500
-
total
-
-
-
-
Corporate
190 153
242 500
-
-
municipal
9 450
12 052
-
-
nationa
45 636
58 201
-
-
total
55 086
70 253
-
-
Dividends
135 067
172 247
-
-
withholding
35 117
44 784
-
-
total
35 117
44 784
-
-
Income
242 500
242 500
242 500
242 500
Total tax
117 131
115 037
132 449
124 491
After tax
125 369
127 463
110 051
118 009
Living cost
25 420
25 420
25 420
25 420
Free-cash
99 949
102 043
84 631
92 589

Estimated living cost  is ₽25420 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽138465
₽106173
₽117140
₽128300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 473
social contributions
-
-
-
33 276
solidarity contribution
-
-
-
4 377
health
-
-
-
32 738
total
-
-
-
96 864
Employee
41 906
-
196 340
-
solidarity contribution
-
-
3 393
-
social contributions
2 724
-
7 407
-
income
5 029
-
24 364
-
health
5 657
-
26 506
-
total
13 410
-
61 670
-
Employer
41 906
-
196 340
-
health
3 771
-
17 671
-
social contributions
10 476
-
28 490
-
total
14 247
-
46 161
-
Corporate
186 346
242 500
-
-
income
35 406
46 075
-
-
total
35 406
46 075
-
-
Dividends
150 941
196 425
-
-
withholding
22 641
29 464
-
-
total
22 641
29 464
-
-
Income
242 500
242 500
242 500
242 500
Total tax
85 704
75 539
107 831
96 864
After tax
156 796
166 961
134 669
145 636
Living cost
28 496
28 496
28 496
28 496
Free-cash
128 300
138 465
106 173
117 140

Estimated living cost  is ₽28496 per week

₽21191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽103441
₽32741
₽93817
₽102976
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 990
surtax
-
-
-
-
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
971
health
-
-
-
8 433
pensions
-
-
-
20 395
total
-
-
-
118 577
Employee
41 250
37 607
203 934
-
other
412
376
1 103
-
unemployment
1 237
1 128
3 308
-
pensions
4 224
3 850
11 289
-
income
3 675
2 774
71 032
-
health
1 596
1 456
4 266
-
total
11 144
9 584
90 998
-
Employer
41 250
37 607
203 934
-
chamber of commerce
165
150
817
-
health
1 560
1 422
4 167
-
pensions
5 177
4 721
13 836
-
accident
535
489
1 433
-
unemployment
1 237
1 128
3 308
-
surtax
-
-
-
-
payroll
1 237
1 128
6 117
-
other
1 959
1 785
8 889
-
total
11 870
10 823
38 567
-
Corporate
189 378
194 070
200 352
-
income

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

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

47 345
48 518
50 088
-
total
47 345
48 518
50 088
-
Dividends
142 034
145 552
-
-
withholding
39 059
40 028
-
-
total
39 059
40 028
-
-
Income
242 500
242 500
242 500
242 500
Total tax
109 418
108 953
179 653
118 577
After tax
133 082
133 547
62 847
123 923
Living cost
30 106
30 106
30 106
30 106
Free-cash
102 976
103 441
32 741
93 817

Estimated living cost  is ₽30106 per week

₽18060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽218546
₽182171
₽228246
₽216327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 787
-
242 500
-
income
2 958
-
48 500
-
total
2 958
-
48 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

227 713
242 500
-
-
total
-
-
-
-
Dividends
227 713
242 500
-
-
withholding
11 386
12 125
-
-
total
11 386
12 125
-
-
Income
242 500
242 500
242 500
242 500
Total tax
14 344
12 125
48 500
2 425
After tax
228 156
230 375
194 000
240 075
Living cost
11 829
11 829
11 829
11 829
Free-cash
216 327
218 546
182 171
228 246

Estimated living cost  is ₽11829 per week

₽8005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽141650
₽78822
₽84086
₽133758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 591
unemployment
-
-
-
364
health
-
-
-
23 862
pensions
-
-
-
44 286
total
-
-
-
133 103
Employee

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

41 729
-
209 829
-
unemployment
59
-
294
-
pensions
6 468
-
32 524
-
income
7 196
-
59 326
-
health
2 695
-
13 554
-
total
16 418
-
105 698
-
Employer

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

41 729
-
209 829
-
health
2 779
-
13 974
-
pensions
3 693
-
18 570
-
unemployment
25
-
125
-
total
6 497
-
32 669
-
Corporate
194 274
242 500
-
-
income
36 912
46 075
-
-
total
36 912
46 075
-
-
Dividends
157 362
196 425
-
-
withholding
23 604
29 464
-
-
total
23 604
29 464
-
-
Income
242 500
242 500
242 500
242 500
Total tax
83 431
75 539
138 367
133 103
After tax
159 069
166 961
104 133
109 397
Living cost
25 311
25 311
25 311
25 311
Free-cash
133 758
141 650
78 822
84 086

Estimated living cost  is ₽25311 per week

₽17371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽107207
₽189874
₽127257
₽62747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 828
-
-
-
social contributions
4 742
-
676
-
income
12 756
-
-
-
total
17 498
-
676
-
Employer
57 828
-
-
-
social contributions
81 537
-
11 620
-
total
81 537
-
11 620
-
Corporate
103 136
242 500
-
-
income
22 690
53 350
-
-
total
22 690
53 350
-
-
Dividends
80 446
189 150
-
-
income
17 698
41 613
-
-
total
17 698
41 613
-
-
Income
242 500
242 500
242 500
242 500
Total tax
139 423
94 963
12 296
74 913
After tax
103 077
147 537
230 204
167 587
Living cost
40 330
40 330
40 330
40 330
Free-cash
62 747
107 207
189 874
127 257

Estimated living cost  is ₽40330 per week

₽26168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽108334
₽75309
₽95375
₽107383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 256
surtax
-
-
-
-
social contributions

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

-
-
-
84 269
total
-
-
-
117 525
Employee
43 401
-
195 959
-
surtax
-
-
779
-
social contributions
4 774
-
21 556
-
income
9 028
-
68 715
-
total
13 802
-
91 050
-
Employer
43 401
-
195 959
-
social contributions
10 308
-
46 541
-
total
10 308
-
46 541
-
Corporate
188 791
242 500
-
-
income
39 646
50 925
-
-
surtax
-
-
-
-
total
39 646
50 925
-
-
Dividends
149 145
191 575
-
-
withholding
41 761
53 641
-
-
total
41 761
53 641
-
-
Income
242 500
242 500
242 500
242 500
Total tax
105 517
104 566
137 591
117 525
After tax
136 983
137 934
104 909
124 975
Living cost
29 600
29 600
29 600
29 600
Free-cash
107 383
108 334
75 309
95 375

Estimated living cost  is ₽29600 per week

₽22147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽76644
₽75483
₽84503
₽83127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 386
other
-
-
-
7 518
surtax
-
-
-
-
social contributions
-
-
-
6 909
health
-
-
-
12 636
pensions
-
-
-
35 970
total
-
-
-
112 419
Employee
59 104
-
183 649
-
pensions
6 685
-
14 441
-
surtax
-
-
-
-
social contributions
1 683
-
5 233
-
income
5 157
-
42 915
-
total
13 525
-
62 589
-
Employer
59 104
-
183 649
-
health
4 137
-
18 971
-
pensions
9 711
-
24 013
-
unemployment
2 394
-
7 437
-
social contributions
177
-
552
-
other
2 040
-
7 877
-
total
18 459
-
58 850
-
Corporate
164 937
242 500
-
-
income
46 183
67 899
-
-
surtax
-
-
-
-
total
46 183
67 899
-
-
Dividends
118 754
174 601
-
-
surtax
-
-
-
-
social contributions
20 428
30 030
-
-
withholding
15 200
22 349
-
-
total
35 628
52 379
-
-
Income
242 500
242 500
242 500
242 500
Total tax
113 795
120 278
121 439
112 419
After tax
128 705
122 222
121 061
130 081
Living cost
45 578
45 578
45 578
45 578
Free-cash
83 127
76 644
75 483
84 503

Estimated living cost  is ₽45578 per week

₽30846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽189883
₽154044
₽147599
₽186713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 184
social contributions
-
-
-
53 351
total
-
-
-
66 535
Employee
30 338
-
209 956
-
income
-
-
13 900
-
social contributions
1 972
-
13 646
-
total
1 972
-
27 546
-
Employer
30 338
-
209 956
-
social contributions
4 703
-
32 544
-
total
4 703
-
32 544
-
Corporate
207 459
242 500
-
-
income
20 746
24 251
-
-
total
20 746
24 251
-
-
Dividends
186 713
218 249
-
-
total
-
-
-
-
Income
242 500
242 500
242 500
242 500
Total tax
27 421
24 251
60 090
66 535
After tax
215 079
218 249
182 410
175 965
Living cost
28 366
28 366
28 366
28 366
Free-cash
186 713
189 883
154 044
147 599

Estimated living cost  is ₽28366 per week

₽18341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
₽36908
₽36908
₽93169
₽18641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 335
municipal
-
-
-
52 779
national
-
-
-
30 955
pensions
-
-
-
818
total
-
-
-
103 887
Employee
191 810
191 810
191 810
-
municipal
40 845
40 845
40 845
-
labour market
15 323
15 323
15 323
-
pensions
273
273
273
-
national
23 433
23 433
23 433
-
total
79 874
79 874
79 874
-
Employer
191 810
191 810
191 810
-
national
23 474
23 474
23 474
-
labour market
15 345
15 345
15 345
-
pensions
545
545
545
-
municipal
40 910
40 910
40 910
-
total
80 274
80 274
80 274
-
Corporate
36 909
-
-
-
income
8 120
-
-
-
total
8 120
-
-
-
Dividends
28 789
-
-
-
withholding
10 147
-
-
-
total
10 147
-
-
-
Income
242 500
242 500
242 500
242 500
Total tax
178 415
160 148
160 148
103 887
After tax
64 085
82 352
82 352
138 613
Living cost
45 444
45 444
45 444
45 444
Free-cash
18 641
36 908
36 908
93 169

Estimated living cost  is ₽45444 per week

₽31103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4020
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽699
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽1016
₽113683
₽144845
₽16474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
income
-
-
-
70 357
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
76 996
Employee
32 498
-
222 819
-
pensions
3 660
-
7 272
-
income
4 458
-
55 692
-
health
3 721
-
25 513
-
total
11 839
-
88 477
-
Employer
32 498
-
222 819
-
pensions
5 284
-
10 501
-
accident
543
-
3 721
-
unemployment
796
-
5 459
-
total
6 623
-
19 681
-
Corporate
203 379
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.

183 041
218 250
-
-
total
183 041
218 250
-
-
Dividends
20 338
24 250
-
-
withholding
3 864
4 607
-
-
total
3 864
4 607
-
-
Income
242 500
242 500
242 500
242 500
Total tax
205 367
222 857
108 158
76 996
After tax
37 133
19 643
134 342
165 504
Living cost
20 659
20 659
20 659
20 659
Free-cash
16 474
-1 016
113 683
144 845

Estimated living cost  is ₽20659 per week

₽15037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽110065
₽81319
₽109097
₽113901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 340
municipal
-
-
-
43 049
national
-
-
-
50 784
total
-
-
-
97 173
Employee
49 648
-
204 005
-
municipal
8 132
-
33 198
-
unemployment
745
-
3 060
-
pensions
3 351
-
13 771
-
national
820
-
33 680
-
health
371
-
2 747
-
total
13 419
-
86 456
-
Employer
49 648
-
204 005
-
health
381
-
1 571
-
pensions
8 614
-
35 395
-
accident
50
-
204
-
unemployment
322
-
1 325
-
total
9 367
-
38 495
-
Corporate
183 484
242 500
-
-
income
36 697
48 500
-
-
total
36 697
48 500
-
-
Dividends

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

110 090
145 500
-
-
municipal
19 817
26 190
-
-
national
13 069
21 515
-
-
total
32 886
47 705
-
-
Income
242 500
242 500
242 500
242 500
Total tax
92 369
96 205
124 951
97 173
After tax
150 131
146 295
117 549
145 327
Living cost
36 230
36 230
36 230
36 230
Free-cash
113 901
110 065
81 319
109 097

Estimated living cost  is ₽36230 per week

₽23665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽154808
₽138154
₽140080
₽149675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
59 119
social contributions
-
-
-
15 268
health
-
-
-
6 184
total
-
-
-
80 571
Employee
72 564
72 564
230 120
-
social contributions
2 743
6 022
8 123
-
income
7 901
6 717
58 081
-
health
562
1 234
3 913
-
total
11 206
13 973
70 117
-
Employer
72 564
72 564
230 120
-
health
611
1 343
4 257
-
social contributions
2 743
6 022
8 123
-
total
3 354
7 365
12 380
-
Corporate
206 091
162 571
-
-
income
25 760
20 322
-
-
total
25 760
20 322
-
-
Dividends
180 330
142 249
-
-
withholding
30 656
24 183
-
-
total
30 656
24 183
-
-
Income
242 500
242 500
242 500
242 500
Total tax
70 976
65 843
82 497
80 571
After tax
171 524
176 657
160 003
161 929
Living cost
21 849
21 849
21 849
21 849
Free-cash
149 675
154 808
138 154
140 080

Estimated living cost  is ₽21849 per week

₽13094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽185831
₽173841
₽192770
₽181032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 302
unemployment
-
-
-
27
health
-
-
-
3 415
pensions
-
-
-
6 003
total
-
-
-
34 747
Employee

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

21 660
-
233 277
-
unemployment
107
-
448
-
pensions
3 248
-
13 431
-
income
1 481
-
22 963
-
health
1 841
-
7 611
-
total
6 677
-
44 453
-
Employer

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

21 660
-
233 277
-
health
931
-
3 850
-
pensions
1 191
-
4 925
-
unemployment
107
-
448
-
total
2 229
-
9 223
-
Corporate
218 610
242 500
-
-
income
19 675
21 824
-
-
total
19 675
21 824
-
-
Dividends
198 935
220 676
-
-
withholding
17 904
19 862
-
-
total
17 904
19 862
-
-
Income
242 500
242 500
242 500
242 500
Total tax
46 485
41 686
53 676
34 747
After tax
196 015
200 814
188 824
207 753
Living cost
14 983
14 983
14 983
14 983
Free-cash
181 032
185 831
173 841
192 770

Estimated living cost  is ₽14983 per week

₽9559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽134772
₽105326
₽109287
₽130604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
788
income
-
-
-
81 023
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
107 263
Employee
34 893
-
214 616
-
other
34
-
88
-
unemployment
541
-
1 356
-
pensions
1 640
-
4 112
-
income
6 727
-
77 784
-
total
8 942
-
83 340
-
Employer
34 893
-
214 616
-
pensions
8 234
-
20 642
-
accident
691
-
1 732
-
unemployment
1 920
-
4 810
-
other
279
-
700
-
total
11 124
-
27 884
-
Corporate
196 483
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.

29 473
36 374
-
-
total
29 473
36 374
-
-
Dividends
167 010
206 126
-
-
withholding
36 407
45 404
-
-
total
36 407
45 404
-
-
Income
242 500
242 500
242 500
242 500
Total tax
85 946
81 778
111 224
107 263
After tax
156 554
160 722
131 276
135 237
Living cost
25 950
25 950
25 950
25 950
Free-cash
130 604
134 772
105 326
109 287

Estimated living cost  is ₽25950 per week

₽17516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽149415
₽154467
₽154602
₽149102
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 597
health
-
-
-
1 007
pensions
-
-
-
1 389
total
-
-
-
85 993
Employee
2 901
-
240 937
-
unemployment
29
-
69
-
pensions
261
-
625
-
income
561
-
83 524
-
health
145
-
347
-
total
996
-
84 565
-
Employer
2 901
-
240 937
-
health
276
-
660
-
pensions
319
-
764
-
unemployment
58
-
139
-
total
653
-
1 563
-
Corporate
238 946
242 500
-
-
income
52 568
53 350
-
-
total
52 568
53 350
-
-
Dividends
186 378
189 150
-
-
withholding
37 276
37 830
-
-
total
37 276
37 830
-
-
Income
242 500
242 500
242 500
242 500
Total tax
91 493
91 180
86 128
85 993
After tax
151 007
151 320
156 372
156 507
Living cost
1 905
1 905
1 905
1 905
Free-cash
149 102
149 415
154 467
154 602

Estimated living cost  is ₽1905 per week

₽1132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽158885
₽143131
₽143132
₽154242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 683
unemployment
-
-
-
1 046
health
-
-
-
7 184
pensions
-
-
-
18 134
total
-
-
-
83 047
Employee

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

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

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

24 612
-
230 015
-
unemployment
185
-
523
-
pensions
3 446
-
9 765
-
income
3 393
-
56 683
-
health
1 267
-
3 592
-
total
8 291
-
70 563
-
Employer

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

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

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

24 612
-
230 015
-
health
1 267
-
3 592
-
pensions
2 953
-
8 370
-
unemployment
185
-
523
-
total
4 405
-
12 485
-
Corporate
213 483
242 500
-
-
income
32 022
36 375
-
-
total
32 022
36 375
-
-
Dividends
181 460
206 125
-
-
withholding
27 219
30 919
-
-
total
27 219
30 919
-
-
Income
242 500
242 500
242 500
242 500
Total tax
71 937
67 294
83 048
83 047
After tax
170 563
175 206
159 452
159 453
Living cost
16 321
16 321
16 321
16 321
Free-cash
154 242
158 885
143 131
143 132

Estimated living cost  is ₽16321 per week

₽10989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽112493
₽79468
₽99534
₽112153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 256
surtax
-
-
-
-
social contributions

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

-
-
-
84 269
total
-
-
-
117 525
Employee
36 626
-
195 959
-
surtax
-
-
779
-
social contributions
4 029
-
21 556
-
income
7 156
-
68 715
-
total
11 185
-
91 050
-
Employer
36 626
-
195 959
-
social contributions
8 698
-
46 541
-
total
8 698
-
46 541
-
Corporate
197 176
242 500
-
-
income
41 407
50 925
-
-
surtax
-
-
-
-
total
41 407
50 925
-
-
Dividends
155 770
191 575
-
-
withholding
43 616
53 641
-
-
total
43 616
53 641
-
-
Income
242 500
242 500
242 500
242 500
Total tax
104 906
104 566
137 591
117 525
After tax
137 594
137 934
104 909
124 975
Living cost
25 441
25 441
25 441
25 441
Free-cash
112 153
112 493
79 468
99 534

Estimated living cost  is ₽25441 per week

₽18019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽127557
₽98111
₽102072
₽121381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
788
income
-
-
-
81 023
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
107 263
Employee
45 575
-
214 616
-
other
45
-
88
-
unemployment
706
-
1 356
-
pensions
2 142
-
4 112
-
income
9 519
-
77 784
-
total
12 412
-
83 340
-
Employer
45 575
-
214 616
-
pensions
10 755
-
20 642
-
accident
903
-
1 732
-
unemployment
2 507
-
4 810
-
other
365
-
700
-
total
14 530
-
27 884
-
Corporate
182 395
242 500
-
-
income

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

27 360
36 374
-
-
total
27 360
36 374
-
-
Dividends
155 035
206 126
-
-
withholding
33 652
45 404
-
-
total
33 652
45 404
-
-
Income
242 500
242 500
242 500
242 500
Total tax
87 954
81 778
111 224
107 263
After tax
154 546
160 722
131 276
135 237
Living cost
33 165
33 165
33 165
33 165
Free-cash
121 381
127 557
98 111
102 072

Estimated living cost  is ₽33165 per week

₽23817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽191106
₽191425
₽181094
₽185357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
45 175
Employee
21 492
-
236 034
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

1 887
-
2 894
-
income
2 150
-
23 604
-
health
989
-
1 516
-
total
5 262
-
28 377
-
Employer
21 492
-
236 034
-
health
1 483
-
2 274
-
pensions

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

2 368
-
3 632
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
unemployment
129
-
198
-
total
4 216
-
6 467
-
Corporate
216 791
242 500
-
-
income
21 679
24 250
-
-
total
21 679
24 250
-
-
Dividends
195 112
218 250
-
-
withholding
9 755
10 913
-
-
total
9 755
10 913
-
-
Income
242 500
242 500
242 500
242 500
Total tax
40 912
35 163
34 844
45 175
After tax
201 588
207 337
207 656
197 325
Living cost
16 231
16 231
16 231
16 231
Free-cash
185 357
191 106
191 425
181 094

Estimated living cost  is ₽16231 per week

₽10735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽88245
₽111615
₽83113
₽100590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 418
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.

-
-
-
4 588
health

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

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

-
-
-
6 447
trade
-
-
-
28 502
total
-
-
-
122 955
Employee

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

46 953
-
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.

213
-
4 588
-
income

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

3 861
-
83 418
-
health

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

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

6 447
-
6 447
-
total
10 521
-
94 453
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
195 547
242 500
-
-
income
29 331
36 374
-
-
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.

1 613
2 000
-
-
chamber of commerce
430
500
-
-
trade
28 062
34 799
-
-
total
59 436
73 673
-
-
Dividends
136 110
168 827
-
-
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.

1 852
2 301
-
-
withholding
33 669
41 849
-
-
total
35 521
44 150
-
-
Income
242 500
242 500
242 500
242 500
Total tax
105 478
117 823
94 453
122 955
After tax
137 022
124 677
148 047
119 545
Living cost
36 432
36 432
36 432
36 432
Free-cash
100 590
88 245
111 615
83 113

Estimated living cost  is ₽36432 per week

₽25132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽115994
₽65118
₽65118
₽118079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
81 402
social contributions
-
-
-
42 225
total
-
-
-
123 627
Employee
73 816
-
242 500
-
income
13 929
-
81 402
-
social contributions
6 133
-
42 225
-
total
20 062
-
123 627
-
Employer
73 816
-
242 500
-
total
-
-
-
-
Corporate
168 684
242 500
-
-
income
21 085
30 313
-
-
total
21 085
30 313
-
-
Dividends
147 599
212 187
-
-
withholding
29 519
42 438
-
-
total
29 519
42 438
-
-
Income
242 500
242 500
242 500
242 500
Total tax
70 666
72 751
123 627
123 627
After tax
171 834
169 749
118 873
118 873
Living cost
53 755
53 755
53 755
53 755
Free-cash
118 079
115 994
65 118
65 118

Estimated living cost  is ₽53755 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽118385
₽133512
₽166162
₽121682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 374
health

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

-
-
-
5 709
total
-
-
-
42 083
Employee
43 290
-
238 159
-
income
4 697
-
66 051
-
social contributions
4 337
-
4 341
-
total
9 034
-
70 392
-
Employer
43 290
-
238 159
-
social contributions
4 337
-
4 341
-
total
4 337
-
4 341
-
Corporate
194 873
242 500
-
-
income
68 206
84 874
-
-
total
68 206
84 874
-
-
Dividends
126 667
157 626
-
-
social contributions
4 986
4 986
-
-
total
4 986
4 986
-
-
Income
242 500
242 500
242 500
242 500
Total tax
86 563
89 860
74 733
42 083
After tax
155 937
152 640
167 767
200 417
Living cost
34 255
34 255
34 255
34 255
Free-cash
121 682
118 385
133 512
166 162

Estimated living cost  is ₽34255 per week

₽22564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽115508
₽98564
₽120089
₽121079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 455
pensions
-
-
-
10 002
total
-
-
-
87 457
Employee
47 979
-
211 127
-
pensions
3 662
-
11 741
-
income
8 737
-
63 106
-
health
626
-
2 763
-
total
13 025
-
77 610
-
Employer
47 979
-
211 127
-
health
912
-
4 012
-
pensions
4 847
-
27 360
-
total
5 759
-
31 372
-
Corporate
188 761
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.

35 866
46 074
-
-
total
35 866
46 074
-
-
Dividends
152 896
196 426
-
-
withholding
31 817
45 964
-
-
total
31 817
45 964
-
-
Income
242 500
242 500
242 500
242 500
Total tax
86 467
92 038
108 982
87 457
After tax
156 033
150 462
133 518
155 043
Living cost
34 954
34 954
34 954
34 954
Free-cash
121 079
115 508
98 564
120 089

Estimated living cost  is ₽34954 per week

₽23978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7322
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽3061
₽111638
₽142800
₽16160
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
income
-
-
-
70 357
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
76 996
Employee
35 715
-
222 819
-
pensions
4 022
-
7 272
-
income
4 900
-
55 692
-
health
4 089
-
25 513
-
total
13 011
-
88 477
-
Employer
35 715
-
222 819
-
pensions
5 807
-
10 501
-
accident
596
-
3 721
-
unemployment
875
-
5 459
-
total
7 278
-
19 681
-
Corporate
199 507
242 500
-
-
income

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

179 556
218 250
-
-
total
179 556
218 250
-
-
Dividends
19 950
24 250
-
-
withholding
3 791
4 607
-
-
total
3 791
4 607
-
-
Income
242 500
242 500
242 500
242 500
Total tax
203 636
222 857
108 158
76 996
After tax
38 864
19 643
134 342
165 504
Living cost
22 704
22 704
22 704
22 704
Free-cash
16 160
-3 061
111 638
142 800

Estimated living cost  is ₽22704 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽172765
₽167862
₽147109
₽169909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 136
unemployment
-
-
-
1 811
work injury
-
-
-
755
health insurance
-
-
-
11 169
pensions
-
-
-
27 772
total
-
-
-
82 643
Employee

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

20 397
-
242 500
-
health insurance
1 509
-
5 585
-
unemployment
245
-
906
-
work injury
102
-
377
-
pensions
3 753
-
13 886
-
income
2 040
-
41 136
-
total
7 649
-
61 890
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
222 103
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%.

22 210
24 250
-
-
total
22 210
24 250
-
-
Dividends
199 893
218 250
-
-
withholding
29 984
32 737
-
-
total
29 984
32 737
-
-
Income
242 500
242 500
242 500
242 500
Total tax
59 843
56 987
61 890
82 643
After tax
182 657
185 513
180 610
159 857
Living cost
12 748
12 748
12 748
12 748
Free-cash
169 909
172 765
167 862
147 109

Estimated living cost  is ₽12748 per week

₽7898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽90139
₽70247
₽77997
₽85846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 230
regional
-
-
-
6 188
municipal
-
-
-
1 757
national
-
-
-
71 735
total
-
-
-
126 910
Employee
79 519
-
242 500
-
municipal
475
-
1 626
-
national
13 438
-
65 417
-
regional
1 201
-
5 697
-
social contributions
26 813
-
61 920
-
total
41 927
-
134 660
-
Employer
79 519
-
242 500
-
total
-
-
-
-
Corporate
162 981
242 500
-
-
municipal
7 856
11 688
-
-
nationa
39 116
58 201
-
-
total
46 972
69 889
-
-
Dividends
116 008
172 611
-
-
withholding
30 162
44 879
-
-
total
30 162
44 879
-
-
Income
242 500
242 500
242 500
242 500
Total tax
119 061
114 768
134 660
126 910
After tax
123 439
127 732
107 840
115 590
Living cost
37 593
37 593
37 593
37 593
Free-cash
85 846
90 139
70 247
77 997

Estimated living cost  is ₽37593 per week

₽26407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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