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
₽91633
₽102798
₽87579
₽118384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
242 500
trade
-
-
-
30 805
income

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

-
-
-
82 137
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.

-
-
-
6 894
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.

-
-
-
4 518
total
-
-
-
124 354
Employee

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

38 599
-
242 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
4 518
-
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.

1 078
-
82 137
-
total
8 031
-
93 549
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
203 901
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.

1 681
2 001
-
-
income
30 584
36 376
-
-
trade
32 115
38 193
-
-
chamber of commerce
446
502
-
-
total
64 826
77 072
-
-
Dividends
139 074
165 428
-
-
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.

1 892
2 254
-
-
withholding
34 386
40 974
-
-
total
36 278
43 228
-
-
Income
242 500
242 500
242 500
242 500
Total tax
109 135
120 300
93 549
124 354
After tax
133 365
122 200
148 951
118 146
Living cost
30 567
30 567
30 567
30 567
Free-cash
102 798
91 633
118 384
87 579

Estimated living cost  is ₽30567 per week

₽19228
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.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100326
₽99478
₽85975
₽87276
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
municipal
-
-
-
27 028
pensions
-
-
-
29 100
national
-
-
-
46 796
social contributions
-
-
-
2 607
total
-
-
-
105 531
Employee
79 050
-
209 639
-
municipal
9 764
-
27 967
-
pensions
3 162
-
8 386
-
national
15 130
-
48 852
-
total
28 056
-
85 205
-
Employer
79 050
-
209 639
-
social contributions
850
-
2 254
-
pensions
6 324
-
16 771
-
total
7 174
-
19 025
-
Corporate
151 059
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%.

30 212
48 500
-
-
total
30 212
48 500
-
-
Dividends
120 847
194 000
-
-
withholding
26 586
42 680
-
-
total
26 586
42 680
-
-
Income
242 500
242 500
242 500
242 500
Total tax
92 028
91 180
104 230
105 531
After tax
150 472
151 320
138 270
136 969
Living cost
50 994
50 994
50 994
50 994
Free-cash
99 478
100 326
87 276
85 975

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173005
₽164728
₽68250
₽85250
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
52 752
surtax
-
-
-
61 837
social contributions

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

-
-
-
38 666
total
-
-
-
153 255
Employee
29 489
-
192 366
-
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.

3 244
-
13 230
-
surtax
-
-
27 894
-
income
5 249
-
44 997
-
total
8 493
-
86 121
-
Employer
29 489
-
192 366
-
social contributions

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

7 103
-
28 974
-
surtax
-
-
21 160
-
total
7 103
-
50 134
-
Corporate
205 908
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%.

41 181
48 500
-
-
total
41 181
48 500
-
-
Dividends

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

164 727
194 000
-
-
total
-
-
-
-
Income
242 500
242 500
242 500
242 500
Total tax
56 777
48 500
136 255
153 255
After tax
185 723
194 000
106 245
89 245
Living cost
20 995
20 995
20 995
20 995
Free-cash
164 728
173 005
85 250
68 250

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78750
₽72568
₽87099
₽112786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
income
-
-
-
88 857
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
113 125
Employee
86 180
86 180
223 745
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
44 415
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
68 683
-
Employer
86 180
86 180
223 745
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 456
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 755
-
Corporate
142 286
141 229
-
-
income
28 457
28 246
-
-
total
28 457
28 246
-
-
Dividends
113 829
112 983
-
-
income
24 188
24 010
-
-
withholding
17 075
16 947
-
-
total
41 263
40 957
-
-
Income
242 500
242 500
242 500
242 500
Total tax
127 656
121 474
87 438
113 125
After tax
114 844
121 026
155 062
129 375
Living cost
42 276
42 276
42 276
42 276
Free-cash
72 568
78 750
112 786
87 099

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93413
₽92538
₽81189
₽80242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
municipal
-
-
-
64 931
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
32 631
total
-
-
-
122 319
Employee
55 560
-
215 650
-
municipal
16 568
-
64 307
-
national
-
-
32 108
-
total
16 568
-
96 415
-
Employer
55 560
-
215 650
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
169 483
242 500
-
-
income
37 286
53 350
-
-
total
37 286
53 350
-
-
Dividends
132 197
189 150
-
-
withholding
39 659
56 745
-
-
total
39 659
56 745
-
-
Income
242 500
242 500
242 500
242 500
Total tax
110 970
110 095
123 266
122 319
After tax
131 530
132 405
119 234
120 181
Living cost
38 992
38 992
38 992
38 992
Free-cash
92 538
93 413
80 242
81 189

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81306
₽95491
₽77134
₽109306
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
242 500
trade
-
-
-
32 172
income

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

-
-
-
82 137
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.

-
-
-
6 894
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.

-
-
-
4 518
total
-
-
-
125 721
Employee

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

51 178
-
242 500
-
health

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

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

6 894
-
6 894
-
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.

241
-
4 518
-
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.

4 397
-
82 137
-
total
11 532
-
93 549
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
191 322
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.

1 578
2 001
-
-
income
28 698
36 376
-
-
trade
31 473
39 892
-
-
chamber of commerce
425
498
-
-
total
62 174
78 767
-
-
Dividends
129 148
163 733
-
-
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.

1 754
2 231
-
-
withholding
31 904
40 551
-
-
total
33 658
42 782
-
-
Income
242 500
242 500
242 500
242 500
Total tax
107 364
121 549
93 549
125 721
After tax
135 136
120 951
148 951
116 779
Living cost
39 645
39 645
39 645
39 645
Free-cash
95 491
81 306
109 306
77 134

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143960
₽139776
₽129775
₽127815
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
income
-
-
-
57 480
health
-
-
-
6 184
social contributions
-
-
-
16 328
total
-
-
-
79 992
Employee
77 601
77 601
229 565
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
3 903
-
income
8 149
7 184
56 427
-
total
12 692
14 945
69 017
-
Employer
77 601
77 601
229 565
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
4 248
-
total
4 612
7 877
12 935
-
Corporate
192 464
157 022
-
-
income
24 058
19 628
-
-
total
24 058
19 628
-
-
Dividends
168 406
137 394
-
-
withholding
28 629
23 357
-
-
total
28 629
23 357
-
-
Income
242 500
242 500
242 500
242 500
Total tax
69 991
65 807
81 952
79 992
After tax
172 509
176 693
160 548
162 508
Living cost
32 733
32 733
32 733
32 733
Free-cash
139 776
143 960
127 815
129 775

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
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.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117753
₽118135
₽149656
₽122243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 250
unemployment
-
-
-
3 637
health
-
-
-
16 975
total
-
-
-
74 508
Employee

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
202 929
-
health
1 853
737
14 205
-
income
3 236
1 288
24 808
-
pensions
2 647
1 053
20 293
-
unemployment
397
158
3 044
-
total
8 133
3 236
62 350
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
202 929
-
pensions
5 161
2 054
39 571
-
total
5 161
2 054
39 571
-
Corporate
210 870
229 912
-
-
income
18 978
20 692
-
-
total
18 978
20 692
-
-
Dividends
191 892
209 220
-
-
social contributions
37 298
40 677
-
-
withholding
36 459
39 752
-
-
total
73 757
80 429
-
-
Income
242 500
242 500
242 500
242 500
Total tax
106 029
106 411
101 921
74 508
After tax
136 471
136 089
140 579
167 992
Living cost
18 336
18 336
18 336
18 336
Free-cash
118 135
117 753
122 243
149 656

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169625
₽163356
₽105604
₽115399
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
48 500
health
-
-
-
31 525
total
-
-
-
112 521
Employee
28 629
-
181 241
-
income
3 223
-
34 943
-
pensions
573
-
3 625
-
unemployment
458
-
2 899
-
total
4 254
-
41 467
-
Employer
28 629
-
181 241
-
unemployment
230
-
1 450
-
pensions
5 726
-
36 247
-
health
3 721
-
23 562
-
total
9 677
-
61 259
-
Corporate
204 194
242 500
-
-
income
40 838
48 500
-
-
total
40 838
48 500
-
-
Dividends
163 356
194 000
-
-
total
-
-
-
-
Income
242 500
242 500
242 500
242 500
Total tax
54 769
48 500
102 726
112 521
After tax
187 731
194 000
139 774
129 979
Living cost
24 375
24 375
24 375
24 375
Free-cash
163 356
169 625
115 399
105 604

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2429
₽16257
₽143465
₽111961
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
69 976
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
76 963
Employee
34 721
-
222 288
-
health
3 975
-
25 452
-
income
4 763
-
55 150
-
pensions
3 910
-
7 654
-
total
12 648
-
88 256
-
Employer
34 721
-
222 288
-
accident
580
-
3 712
-
unemployment
851
-
5 446
-
pensions
5 646
-
11 053
-
total
7 077
-
20 211
-
Corporate
200 703
242 500
-
-
income

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

180 633
218 250
-
-
total
180 633
218 250
-
-
Dividends
20 070
24 250
-
-
withholding
3 813
4 607
-
-
total
3 813
4 607
-
-
Income
242 500
242 500
242 500
242 500
Total tax
204 171
222 857
108 467
76 963
After tax
38 329
19 643
134 033
165 537
Living cost
22 072
22 072
22 072
22 072
Free-cash
16 257
-2 429
111 961
143 465

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽221295
₽219592
₽230995
₽184920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
242 500
-
income
2 270
-
48 500
-
total
2 270
-
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%.

231 151
242 500
-
-
total
-
-
-
-
Dividends
231 151
242 500
-
-
withholding
11 558
12 125
-
-
total
11 558
12 125
-
-
Income
242 500
242 500
242 500
242 500
Total tax
13 828
12 125
48 500
2 425
After tax
228 672
230 375
194 000
240 075
Living cost
9 080
9 080
9 080
9 080
Free-cash
219 592
221 295
184 920
230 995

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151274
₽144457
₽121100
₽119130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
income
-
-
-
43 636
pensions

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

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
94 509
Employee
36 642
-
203 428
-
health
513
-
2 149
-
income
6 308
-
42 981
-
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.

2 564
-
10 742
-
unemployment
366
-
1 534
-
total
9 751
-
57 406
-
Employer
36 642
-
203 428
-
accident
293
-
1 628
-
other
1 833
-
7 672
-
unemployment
366
-
1 534
-
pensions

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

6 230
-
26 090
-
health
513
-
2 149
-
total
9 235
-
39 073
-
Corporate
196 623
242 500
-
-
income
41 292
50 925
-
-
total
41 292
50 925
-
-
Dividends
155 331
191 575
-
-
withholding
10 874
13 410
-
-
total
10 874
13 410
-
-
Income
242 500
242 500
242 500
242 500
Total tax
71 152
64 335
96 479
94 509
After tax
171 348
178 165
146 021
147 991
Living cost
26 891
26 891
26 891
26 891
Free-cash
144 457
151 274
119 130
121 100

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84097
₽92251
₽88265
₽66670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
income
-
-
-
76 115
pensions
-
-
-
10 394
total
-
-
-
86 509
Employee
95 822
-
211 244
-
health
1 579
-
2 813
-
income
17 273
-
61 719
-
pensions
9 244
-
12 316
-
total
28 096
-
76 848
-
Employer
95 822
-
211 244
-
pensions
11 314
-
27 242
-
health
1 820
-
4 014
-
total
13 134
-
31 256
-
Corporate
133 544
242 500
-
-
income

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

25 373
46 074
-
-
total
25 373
46 074
-
-
Dividends
108 171
196 426
-
-
withholding
15 920
44 603
-
-
total
15 920
44 603
-
-
Income
242 500
242 500
242 500
242 500
Total tax
82 523
90 677
108 104
86 509
After tax
159 977
151 823
134 396
155 991
Living cost
67 726
67 726
67 726
67 726
Free-cash
92 251
84 097
66 670
88 265

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and 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

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
₽194098
₽189408
₽183469
₽193675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
45 792
Employee
17 531
-
235 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
23 558
-
pensions

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

1 539
-
3 097
-
total
4 291
-
28 665
-
Employer
17 531
-
235 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
221 529
242 500
-
-
income
22 153
24 250
-
-
total
22 153
24 250
-
-
Dividends
199 377
218 250
-
-
withholding
9 969
10 913
-
-
total
9 969
10 913
-
-
Income
242 500
242 500
242 500
242 500
Total tax
39 853
35 163
35 586
45 792
After tax
202 647
207 337
206 914
196 708
Living cost
13 239
13 239
13 239
13 239
Free-cash
189 408
194 098
193 675
183 469

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65065
₽67603
₽73414
₽99101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
income
-
-
-
88 857
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
113 125
Employee
93 564
86 180
223 745
-
health
11 673
11 251
12 444
-
income

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

14 106
14 106
44 415
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
68 683
-
Employer
93 564
86 180
223 745
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 456
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 755
-
Corporate
132 554
141 229
-
-
income
26 511
28 246
-
-
total
26 511
28 246
-
-
Dividends
106 043
112 983
-
-
income
22 533
24 010
-
-
withholding
15 907
16 947
-
-
total
38 440
40 957
-
-
Income
242 500
242 500
242 500
242 500
Total tax
118 936
121 474
87 438
113 125
After tax
123 564
121 026
155 062
129 375
Living cost
55 961
55 961
55 961
55 961
Free-cash
67 603
65 065
99 101
73 414

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142790
₽134168
₽120653
₽109802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 247
health
-
-
-
32 737
solidarity contribution
-
-
-
3 911
social contributions
-
-
-
34 781
total
-
-
-
97 676
Employee
35 546
-
195 157
-
social contributions
2 310
-
7 742
-
health
4 799
-
26 346
-
solidarity contribution
-
-
2 937
-
income
4 265
-
24 160
-
total
11 374
-
61 185
-
Employer
35 546
-
195 157
-
social contributions
8 886
-
29 778
-
health
3 199
-
17 564
-
total
12 085
-
47 342
-
Corporate
194 869
242 500
-
-
income
37 025
46 075
-
-
total
37 025
46 075
-
-
Dividends
157 844
196 425
-
-
withholding
23 677
29 464
-
-
total
23 677
29 464
-
-
Income
242 500
242 500
242 500
242 500
Total tax
84 161
75 539
108 527
97 676
After tax
158 339
166 961
133 973
144 824
Living cost
24 171
24 171
24 171
24 171
Free-cash
134 168
142 790
109 802
120 653

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86800
₽81531
₽75256
₽66700
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
municipal
-
-
-
1 536
regional
-
-
-
3 139
national
-
-
-
69 476
social contributions
-
-
-
50 509
total
-
-
-
124 660
Employee
89 690
-
242 500
-
social contributions
30 243
-
66 219
-
regional
846
-
2 867
-
municipal
475
-
1 410
-
national
15 541
-
62 720
-
total
47 105
-
133 216
-
Employer
89 690
-
242 500
-
total
-
-
-
-
Corporate
152 810
242 500
-
-
nationa
36 674
58 200
-
-
municipal
5 960
9 457
-
-
total
42 634
67 657
-
-
Dividends
110 176
174 843
-
-
withholding
28 646
45 459
-
-
total
28 646
45 459
-
-
Income
242 500
242 500
242 500
242 500
Total tax
118 385
113 116
133 216
124 660
After tax
124 115
129 384
109 284
117 840
Living cost
42 584
42 584
42 584
42 584
Free-cash
81 531
86 800
66 700
75 256

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130265
₽127122
₽91631
₽85460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
income
-
-
-
78 424
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
13 446
total
-
-
-
128 600
Employee
33 373
-
214 149
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
12 239
-
income
5 594
-
72 389
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
106 420
-
Employer
33 373
-
214 149
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
202 102
242 500
-
-
income
52 547
63 049
-
-
total
52 547
63 049
-
-
Dividends
149 555
179 451
-
-
withholding
22 434
26 917
-
-
total
22 434
26 917
-
-
Income
242 500
242 500
242 500
242 500
Total tax
93 109
89 966
134 771
128 600
After tax
149 391
152 534
107 729
113 900
Living cost
22 269
22 269
22 269
22 269
Free-cash
127 122
130 265
85 460
91 631

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105554
₽112244
₽109722
₽88127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
income
-
-
-
76 115
pensions
-
-
-
10 394
total
-
-
-
86 509
Employee
64 218
-
211 244
-
health
932
-
2 813
-
income
11 566
-
61 719
-
pensions
5 451
-
12 316
-
total
17 949
-
76 848
-
Employer
64 218
-
211 244
-
pensions
6 952
-
27 242
-
health
1 220
-
4 014
-
total
8 172
-
31 256
-
Corporate
170 111
242 500
-
-
income

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

32 320
46 074
-
-
total
32 320
46 074
-
-
Dividends
137 791
196 426
-
-
withholding
25 546
44 603
-
-
total
25 546
44 603
-
-
Income
242 500
242 500
242 500
242 500
Total tax
83 987
90 677
108 104
86 509
After tax
158 513
151 823
134 396
155 991
Living cost
46 269
46 269
46 269
46 269
Free-cash
112 244
105 554
88 127
109 722

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34615
₽67250
₽114710
₽106966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 556
pensions
-
-
-
22 309
other

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

-
-
-
4 850
regional
-
-
-
14 116
health
-
-
-
547
national
-
-
-
7 138
total
-
-
-
51 516
Employee
89 260
-
218 710
-
city
958
-
2 372
-
regional
2 923
-
12 639
-
health
202
-
492
-
pensions
7 499
-
16 518
-
unemployment
-
-
-
-
national
422
-
5 855
-
total
12 004
-
37 876
-
Employer
89 260
-
218 710
-
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.

1 785
-
4 374
-
unemployment
-
-
-
-
pensions
7 499
-
16 518
-
health
202
-
492
-
total
9 486
-
21 384
-
Corporate
142 773
242 500
-
-
regional
30 196
51 288
-
-
national
12 136
20 613
-
-
total
42 332
71 901
-
-
Dividends
100 442
170 599
-
-
withholding
35 154
59 710
-
-
total
35 154
59 710
-
-
Income
242 500
242 500
242 500
242 500
Total tax
98 976
131 611
59 260
51 516
After tax
143 524
110 889
183 240
190 984
Living cost
76 274
76 274
76 274
76 274
Free-cash
67 250
34 615
106 966
114 710

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽73476
₽89841
₽69179
₽102720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
242 500
trade
-
-
-
33 541
income

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

-
-
-
82 137
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.

-
-
-
6 894
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.

-
-
-
4 518
total
-
-
-
127 090
Employee

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

60 650
-
242 500
-
health

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

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

6 894
-
6 894
-
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.

393
-
4 518
-
income

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

7 132
-
82 137
-
total
14 419
-
93 549
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 850
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.

1 500
2 001
-
-
income
27 277
36 376
-
-
trade
31 188
41 589
-
-
chamber of commerce
410
494
-
-
total
60 375
80 460
-
-
Dividends
121 476
162 040
-
-
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.

1 649
2 206
-
-
withholding
29 985
40 127
-
-
total
31 634
42 333
-
-
Income
242 500
242 500
242 500
242 500
Total tax
106 428
122 793
93 549
127 090
After tax
136 072
119 707
148 951
115 410
Living cost
46 231
46 231
46 231
46 231
Free-cash
89 841
73 476
102 720
69 179

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87691
₽93655
₽96831
₽88746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 370
pensions
-
-
-
37 071
other
-
-
-
7 517
health
-
-
-
12 274
surtax
-
-
-
-
social contributions
-
-
-
6 910
total
-
-
-
111 142
Employee
43 191
-
184 298
-
social contributions
1 231
-
5 251
-
surtax
-
-
-
-
income
2 549
-
41 553
-
pensions
4 884
-
14 220
-
total
8 664
-
61 024
-
Employer
43 191
-
184 298
-
other
1 490
-
7 788
-
social contributions
130
-
553
-
unemployment
1 748
-
7 463
-
pensions
7 095
-
23 685
-
health
3 024
-
18 714
-
total
13 487
-
58 203
-
Corporate
185 820
242 500
-
-
surtax
-
-
-
-
income
52 030
67 900
-
-
total
52 030
67 900
-
-
Dividends
133 791
174 600
-
-
surtax
-
-
-
-
social contributions
23 012
30 033
-
-
withholding
17 125
22 349
-
-
total
40 137
52 382
-
-
Income
242 500
242 500
242 500
242 500
Total tax
114 318
120 282
119 227
111 142
After tax
128 182
122 218
123 273
131 358
Living cost
34 527
34 527
34 527
34 527
Free-cash
93 655
87 691
88 746
96 831

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91111
₽96718
₽100251
₽92166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 370
pensions
-
-
-
37 071
other
-
-
-
7 517
health
-
-
-
12 274
surtax
-
-
-
-
social contributions
-
-
-
6 910
total
-
-
-
111 142
Employee
38 554
-
184 298
-
social contributions
1 099
-
5 251
-
surtax
-
-
-
-
income
1 988
-
41 553
-
pensions
4 361
-
14 220
-
total
7 448
-
61 024
-
Employer
38 554
-
184 298
-
other
1 331
-
7 788
-
social contributions
115
-
553
-
unemployment
1 561
-
7 463
-
pensions
6 335
-
23 685
-
health
2 698
-
18 714
-
total
12 040
-
58 203
-
Corporate
191 905
242 500
-
-
surtax
-
-
-
-
income
53 734
67 900
-
-
total
53 734
67 900
-
-
Dividends
138 171
174 600
-
-
surtax
-
-
-
-
social contributions
23 767
30 033
-
-
withholding
17 686
22 349
-
-
total
41 453
52 382
-
-
Income
242 500
242 500
242 500
242 500
Total tax
114 675
120 282
119 227
111 142
After tax
127 825
122 218
123 273
131 358
Living cost
31 107
31 107
31 107
31 107
Free-cash
96 718
91 111
92 166
100 251

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126550
₽127071
₽134334
₽127432
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
income
-
-
-
36 376
health
-
-
-
16 926
social contributions
-
-
-
33 465
total
-
-
-
86 767
Employee
34 217
-
242 500
-
social contributions
4 723
-
33 465
-
health
2 388
-
16 926
-
income
5 707
-
43 278
-
total
12 818
-
93 669
-
Employer
34 217
-
242 500
-
total
-
-
-
-
Corporate
208 283
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%.

10 414
12 125
-
-
total
10 414
12 125
-
-
Dividends
197 868
230 375
-
-
health
13 812
16 079
-
-
social contributions
27 306
31 791
-
-
withholding
29 680
34 556
-
-
total
70 798
82 426
-
-
Income
242 500
242 500
242 500
242 500
Total tax
94 030
94 551
93 669
86 767
After tax
148 470
147 949
148 831
155 733
Living cost
21 399
21 399
21 399
21 399
Free-cash
127 071
126 550
127 432
134 334

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
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.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97996
₽96434
₽88420
₽27684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
969
income
-
-
-
80 333
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
118 520
Employee
50 434
40 217
202 216
-
other
504
402
1 180
-
health
1 952
1 557
4 562
-
income
5 742
2 967
68 025
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 876
10 250
89 377
-
Employer
50 434
40 217
202 216
-
accident
655
523
1 532
-
other
2 396
1 909
8 888
-
chamber of commerce
201
161
808
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
6 067
-
health
1 906
1 521
4 456
-
total
14 712
11 775
40 283
-
Corporate
177 354
190 509
198 385
-
income

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

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

44 339
47 627
49 596
-
total
44 339
47 627
49 596
-
Dividends
133 015
142 882
-
-
withholding
36 579
39 292
-
-
total
36 579
39 292
-
-
Income
242 500
242 500
242 500
242 500
Total tax
110 506
108 944
179 256
118 520
After tax
131 994
133 556
63 244
123 980
Living cost
35 560
35 560
35 560
35 560
Free-cash
96 434
97 996
27 684
88 420

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽95416
₽83559
₽68757
₽44966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
98 747
communal

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

-
-
-
13 040
social contributions
-
-
-
25 160
total
-
-
-
136 947
Employee

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

72 187
-
187 824
-
communal

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

3 765
-
9 796
-
health

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

3 392
-
8 829
-
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.

5 414
-
14 088
-
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.

628
-
1 634
-
national
22 193
-
71 715
-
total
35 392
-
106 062
-
Employer

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

72 187
-
187 824
-
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.

938
-
2 442
-
unemployment

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

1 053
-
2 742
-
surtax
8 185
-
21 300
-
pensions

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

6 396
-
16 640
-
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.

4 439
-
11 552
-
total
21 011
-
54 676
-
Corporate
149 300
242 500
-
-
surtax
598
1 061
-
-
income
29 860
53 089
-
-
total
30 458
54 150
-
-
Dividends
118 842
188 350
-
-
withholding

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

35 284
56 138
-
-
total
35 284
56 138
-
-
Income
242 500
242 500
242 500
242 500
Total tax
122 145
110 288
160 738
136 947
After tax
120 355
132 212
81 762
105 553
Living cost
36 796
36 796
36 796
36 796
Free-cash
83 559
95 416
44 966
68 757

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124414
₽117502
₽98919
₽94684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
79 072
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
107 135
Employee
50 235
-
212 680
-
other
50
-
94
-
income
10 599
-
75 608
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
81 549
-
Employer
50 235
-
212 680
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
176 253
242 500
-
-
income

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

26 438
36 376
-
-
total
26 438
36 376
-
-
Dividends
149 815
206 124
-
-
withholding
32 312
45 264
-
-
total
32 312
45 264
-
-
Income
242 500
242 500
242 500
242 500
Total tax
88 552
81 640
111 370
107 135
After tax
153 948
160 860
131 130
135 365
Living cost
36 446
36 446
36 446
36 446
Free-cash
117 502
124 414
94 684
98 919

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
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.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81132
₽67250
₽58115
₽67466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 022
income
-
-
-
47 303
pensions
-
-
-
35 968
health
-
-
-
16 859
surtax
-
-
-
12 063
communal
-
-
-
15 327
total
-
-
-
129 542
Employee
76 425
-
216 613
-
health
3 401
-
9 641
-
surtax
4 684
-
13 276
-
income
7 382
-
54 057
-
pensions
6 113
-
17 330
-
total
21 580
-
94 304
-
Employer
76 425
-
216 613
-
accident
688
-
1 950
-
pensions
6 113
-
17 330
-
health
2 331
-
6 607
-
total
9 132
-
25 887
-
Corporate
156 944
242 500
-
-
surtax
1 649
2 547
-
-
communal
10 594
16 368
-
-
income
23 542
36 376
-
-
total
35 785
55 291
-
-
Dividends
121 158
187 209
-
-
income
35 736
23 153
-
-
withholding
18 174
28 081
-
-
total
53 910
51 234
-
-
Income
242 500
242 500
242 500
242 500
Total tax
120 407
106 525
120 191
129 542
After tax
122 093
135 975
122 309
112 958
Living cost
54 843
54 843
54 843
54 843
Free-cash
67 250
81 132
67 466
58 115

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129867
₽126657
₽91233
₽85062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
income
-
-
-
78 424
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
13 446
total
-
-
-
128 600
Employee
33 986
-
214 149
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
12 239
-
income
5 697
-
72 389
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
106 420
-
Employer
33 986
-
214 149
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
201 359
242 500
-
-
income
52 353
63 049
-
-
total
52 353
63 049
-
-
Dividends
149 006
179 451
-
-
withholding
22 351
26 917
-
-
total
22 351
26 917
-
-
Income
242 500
242 500
242 500
242 500
Total tax
93 176
89 966
134 771
128 600
After tax
149 324
152 534
107 729
113 900
Living cost
22 667
22 667
22 667
22 667
Free-cash
126 657
129 867
85 062
91 233

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100278
₽98038
₽89896
₽81388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
municipal
-
-
-
1 536
regional
-
-
-
3 898
national
-
-
-
69 476
social contributions
-
-
-
50 509
total
-
-
-
125 419
Employee
55 981
-
242 500
-
social contributions
18 877
-
66 219
-
regional
754
-
3 578
-
municipal
297
-
1 410
-
national
8 869
-
62 720
-
total
28 797
-
133 927
-
Employer
55 981
-
242 500
-
total
-
-
-
-
Corporate
186 519
242 500
-
-
nationa
44 764
58 200
-
-
municipal
9 269
12 052
-
-
total
54 033
70 252
-
-
Dividends
132 486
172 248
-
-
withholding
34 447
44 785
-
-
total
34 447
44 785
-
-
Income
242 500
242 500
242 500
242 500
Total tax
117 277
115 037
133 927
125 419
After tax
125 223
127 463
108 573
117 081
Living cost
27 185
27 185
27 185
27 185
Free-cash
98 038
100 278
81 388
89 896

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137176
₽126552
₽115039
₽104188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 247
health
-
-
-
32 737
solidarity contribution
-
-
-
3 911
social contributions
-
-
-
34 781
total
-
-
-
97 676
Employee
43 801
-
195 157
-
social contributions
2 847
-
7 742
-
health
5 913
-
26 346
-
solidarity contribution
-
-
2 937
-
income
5 256
-
24 160
-
total
14 016
-
61 185
-
Employer
43 801
-
195 157
-
social contributions
10 950
-
29 778
-
health
3 942
-
17 564
-
total
14 892
-
47 342
-
Corporate
183 806
242 500
-
-
income
34 923
46 075
-
-
total
34 923
46 075
-
-
Dividends
148 883
196 425
-
-
withholding
22 332
29 464
-
-
total
22 332
29 464
-
-
Income
242 500
242 500
242 500
242 500
Total tax
86 163
75 539
108 527
97 676
After tax
156 337
166 961
133 973
144 824
Living cost
29 785
29 785
29 785
29 785
Free-cash
126 552
137 176
104 188
115 039

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101467
₽100971
₽91982
₽31092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
969
income
-
-
-
80 333
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
118 321
Employee
44 114
40 217
202 399
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 967
68 117
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 250
89 469
-
Employer
44 114
40 217
202 399
-
accident
573
523
1 532
-
other
2 095
1 909
8 896
-
chamber of commerce
176
161
810
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
6 073
-
health
1 668
1 521
4 456
-
total
12 695
11 576
40 100
-
Corporate
185 690
190 708
198 569
-
income

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

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

46 422
47 677
49 642
-
total
46 422
47 677
49 642
-
Dividends
139 268
143 031
-
-
withholding
38 298
39 333
-
-
total
38 298
39 333
-
-
Income
242 500
242 500
242 500
242 500
Total tax
109 332
108 836
179 211
118 321
After tax
133 168
133 664
63 289
124 179
Living cost
32 197
32 197
32 197
32 197
Free-cash
100 971
101 467
31 092
91 982

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽216226
₽213573
₽225926
₽179851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
242 500
-
income
3 537
-
48 500
-
total
3 537
-
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%.

224 814
242 500
-
-
total
-
-
-
-
Dividends
224 814
242 500
-
-
withholding
11 241
12 125
-
-
total
11 241
12 125
-
-
Income
242 500
242 500
242 500
242 500
Total tax
14 778
12 125
48 500
2 425
After tax
227 722
230 375
194 000
240 075
Living cost
14 149
14 149
14 149
14 149
Free-cash
213 573
216 226
179 851
225 926

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139891
₽131451
₽83883
₽78621
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
242 500
income
-
-
-
63 035
pensions
-
-
-
44 287
unemployment
-
-
-
364
health
-
-
-
23 862
total
-
-
-
131 548
Employee

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

44 626
-
209 828
-
health
2 882
-
13 555
-
income
7 696
-
57 770
-
pensions
6 917
-
32 522
-
unemployment
63
-
293
-
total
17 558
-
104 140
-
Employer

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

44 626
-
209 828
-
unemployment
27
-
126
-
pensions
3 949
-
18 569
-
health
2 972
-
13 975
-
total
6 948
-
32 670
-
Corporate
190 926
242 500
-
-
income
36 276
46 076
-
-
total
36 276
46 076
-
-
Dividends
154 650
196 424
-
-
withholding
23 198
29 464
-
-
total
23 198
29 464
-
-
Income
242 500
242 500
242 500
242 500
Total tax
83 980
75 540
136 810
131 548
After tax
158 520
166 960
105 690
110 952
Living cost
27 069
27 069
27 069
27 069
Free-cash
131 451
139 891
78 621
83 883

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
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.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103953
₽55907
₽124003
₽185628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
91 891
242 500
-
-
income
20 216
53 350
-
-
total
20 216
53 350
-
-
Dividends
71 675
189 150
-
-
income
15 768
41 613
-
-
total
15 768
41 613
-
-
Income
242 500
242 500
242 500
242 500
Total tax
143 009
94 963
13 288
74 913
After tax
99 491
147 537
229 212
167 587
Living cost
43 584
43 584
43 584
43 584
Free-cash
55 907
103 953
185 628
124 003

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106280
₽105263
₽94060
₽74546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
242 500
income
-
-
-
32 516
surtax
-
-
-
-
social contributions

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

-
-
-
84 269
total
-
-
-
116 785
Employee
46 415
-
195 959
-
social contributions
5 106
-
21 555
-
surtax
-
-
530
-
income
9 654
-
67 673
-
total
14 760
-
89 758
-
Employer
46 415
-
195 959
-
social contributions
11 023
-
46 541
-
total
11 023
-
46 541
-
Corporate
185 062
242 500
-
-
surtax
-
-
-
-
income
38 863
50 925
-
-
total
38 863
50 925
-
-
Dividends
146 199
191 575
-
-
withholding
40 936
53 640
-
-
total
40 936
53 640
-
-
Income
242 500
242 500
242 500
242 500
Total tax
105 582
104 565
136 299
116 785
After tax
136 918
137 935
106 201
125 715
Living cost
31 655
31 655
31 655
31 655
Free-cash
105 263
106 280
74 546
94 060

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73476
₽80414
₽82616
₽74531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 370
pensions
-
-
-
37 071
other
-
-
-
7 517
health
-
-
-
12 274
surtax
-
-
-
-
social contributions
-
-
-
6 910
total
-
-
-
111 142
Employee
63 207
-
184 298
-
social contributions
1 800
-
5 251
-
surtax
-
-
-
-
income
5 515
-
41 553
-
pensions
7 149
-
14 220
-
total
14 464
-
61 024
-
Employer
63 207
-
184 298
-
other
2 181
-
7 788
-
social contributions
190
-
553
-
unemployment
2 561
-
7 463
-
pensions
10 386
-
23 685
-
health
4 424
-
18 714
-
total
19 742
-
58 203
-
Corporate
159 552
242 500
-
-
surtax
-
-
-
-
income
44 674
67 900
-
-
total
44 674
67 900
-
-
Dividends
114 878
174 600
-
-
surtax
-
-
-
-
social contributions
19 760
30 033
-
-
withholding
14 704
22 349
-
-
total
34 464
52 382
-
-
Income
242 500
242 500
242 500
242 500
Total tax
113 344
120 282
119 227
111 142
After tax
129 156
122 218
123 273
131 358
Living cost
48 742
48 742
48 742
48 742
Free-cash
80 414
73 476
74 531
82 616

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽187915
₽184523
₽146028
₽152470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
income
-
-
-
12 787
social contributions
-
-
-
53 349
total
-
-
-
66 136
Employee
32 444
-
209 956
-
income
-
-
13 503
-
social contributions
2 109
-
13 647
-
total
2 109
-
27 150
-
Employer
32 444
-
209 956
-
social contributions
5 029
-
32 544
-
total
5 029
-
32 544
-
Corporate
205 027
242 500
-
-
income
20 503
24 249
-
-
total
20 503
24 249
-
-
Dividends
184 524
218 251
-
-
total
-
-
-
-
Income
242 500
242 500
242 500
242 500
Total tax
27 641
24 249
59 694
66 136
After tax
214 859
218 251
182 806
176 364
Living cost
30 336
30 336
30 336
30 336
Free-cash
184 523
187 915
152 470
146 028

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22527
₽12271
₽90662
₽22527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
municipal
-
-
-
52 434
pensions
-
-
-
875
national
-
-
-
30 576
labour market
-
-
-
19 330
total
-
-
-
103 215
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
22 527
-
-
-
income
4 956
-
-
-
total
4 956
-
-
-
Dividends
17 571
-
-
-
withholding
5 300
-
-
-
total
5 300
-
-
-
Income
242 500
242 500
242 500
242 500
Total tax
181 606
171 350
171 350
103 215
After tax
60 894
71 150
71 150
139 285
Living cost
48 623
48 623
48 623
48 623
Free-cash
12 271
22 527
22 527
90 662

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2103
₽16308
₽143791
₽112287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
69 976
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
76 963
Employee
34 209
-
222 288
-
health
3 917
-
25 452
-
income
4 693
-
55 150
-
pensions
3 852
-
7 654
-
total
12 462
-
88 256
-
Employer
34 209
-
222 288
-
accident
571
-
3 712
-
unemployment
838
-
5 446
-
pensions
5 562
-
11 053
-
total
6 971
-
20 211
-
Corporate
201 320
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.

181 188
218 250
-
-
total
181 188
218 250
-
-
Dividends
20 132
24 250
-
-
withholding
3 825
4 607
-
-
total
3 825
4 607
-
-
Income
242 500
242 500
242 500
242 500
Total tax
204 446
222 857
108 467
76 963
After tax
38 054
19 643
134 033
165 537
Living cost
21 746
21 746
21 746
21 746
Free-cash
16 308
-2 103
112 287
143 791

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109190
₽112306
₽108259
₽80482
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
242 500
municipal
-
-
-
43 054
health
-
-
-
3 313
national
-
-
-
49 129
total
-
-
-
95 496
Employee
53 095
-
204 004
-
health
396
-
2 721
-
municipal
8 697
-
33 202
-
pensions
3 583
-
13 770
-
unemployment
797
-
3 060
-
national
877
-
32 025
-
total
14 350
-
84 778
-
Employer
53 095
-
204 004
-
accident
54
-
205
-
unemployment
345
-
1 325
-
pensions
9 212
-
35 395
-
health
408
-
1 570
-
total
10 019
-
38 495
-
Corporate
179 387
242 500
-
-
income
35 878
48 500
-
-
total
35 878
48 500
-
-
Dividends

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

107 632
145 500
-
-
national
11 829
19 876
-
-
municipal
19 373
26 189
-
-
total
31 202
46 065
-
-
Income
242 500
242 500
242 500
242 500
Total tax
91 449
94 565
123 273
95 496
After tax
151 051
147 935
119 227
147 004
Living cost
38 745
38 745
38 745
38 745
Free-cash
112 306
109 190
80 482
108 259

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153328
₽147838
₽139143
₽137183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
income
-
-
-
57 480
health
-
-
-
6 184
social contributions
-
-
-
16 328
total
-
-
-
79 992
Employee
77 601
77 601
229 565
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
3 903
-
income
8 449
7 184
56 427
-
total
11 984
14 945
69 017
-
Employer
77 601
77 601
229 565
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
4 248
-
total
3 587
7 877
12 935
-
Corporate
203 563
157 022
-
-
income
25 446
19 628
-
-
total
25 446
19 628
-
-
Dividends
178 117
137 394
-
-
withholding
30 280
23 357
-
-
total
30 280
23 357
-
-
Income
242 500
242 500
242 500
242 500
Total tax
71 297
65 807
81 952
79 992
After tax
171 203
176 693
160 548
162 508
Living cost
23 365
23 365
23 365
23 365
Free-cash
147 838
153 328
137 183
139 143

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽184790
₽179656
₽191170
₽170927
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 207
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
35 307
Employee

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

23 164
-
232 637
-
health
1 969
-
8 139
-
income
1 584
-
22 706
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
45 687
-
Employer

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

23 164
-
232 637
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
216 951
242 500
-
-
income
19 526
21 825
-
-
total
19 526
21 825
-
-
Dividends
197 425
220 675
-
-
withholding
17 768
19 862
-
-
total
17 768
19 862
-
-
Income
242 500
242 500
242 500
242 500
Total tax
46 821
41 687
55 550
35 307
After tax
195 679
200 813
186 950
207 193
Living cost
16 023
16 023
16 023
16 023
Free-cash
179 656
184 790
170 927
191 170

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133109
₽128655
₽107614
₽103379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
79 072
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
107 135
Employee
37 315
-
212 680
-
other
36
-
94
-
income
7 194
-
75 608
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
81 549
-
Employer
37 315
-
212 680
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
193 288
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.

28 993
36 376
-
-
total
28 993
36 376
-
-
Dividends
164 295
206 124
-
-
withholding
35 642
45 264
-
-
total
35 642
45 264
-
-
Income
242 500
242 500
242 500
242 500
Total tax
86 094
81 640
111 370
107 135
After tax
156 406
160 860
131 130
135 365
Living cost
27 751
27 751
27 751
27 751
Free-cash
128 655
133 109
103 379
107 614

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148564
₽148110
₽153251
₽153053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 026
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
86 493
Employee
4 198
-
240 238
-
health
210
-
503
-
income
812
-
82 920
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
84 429
-
Employer
4 198
-
240 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
237 358
242 500
-
-
income
52 219
53 350
-
-
total
52 219
53 350
-
-
Dividends
185 139
189 150
-
-
withholding
37 028
37 830
-
-
total
37 028
37 830
-
-
Income
242 500
242 500
242 500
242 500
Total tax
91 634
91 180
86 691
86 493
After tax
150 866
151 320
155 809
156 007
Living cost
2 756
2 756
2 756
2 756
Free-cash
148 110
148 564
153 053
153 251

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157753
₽152789
₽140445
₽140446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 409
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
84 602
Employee

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

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

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

26 319
-
229 149
-
health
1 355
-
3 841
-
income
3 628
-
56 409
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
71 251
-
Employer

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

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

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

26 319
-
229 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
211 470
242 500
-
-
income
31 721
36 375
-
-
total
31 721
36 375
-
-
Dividends
179 750
206 125
-
-
withholding
26 962
30 919
-
-
total
26 962
30 919
-
-
Income
242 500
242 500
242 500
242 500
Total tax
72 258
67 294
84 601
84 602
After tax
170 242
175 206
157 899
157 898
Living cost
17 453
17 453
17 453
17 453
Free-cash
152 789
157 753
140 446
140 445

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110728
₽110363
₽98508
₽78994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
242 500
income
-
-
-
32 516
surtax
-
-
-
-
social contributions

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

-
-
-
84 269
total
-
-
-
116 785
Employee
39 169
-
195 959
-
social contributions
4 309
-
21 555
-
surtax
-
-
530
-
income
7 653
-
67 673
-
total
11 962
-
89 758
-
Employer
39 169
-
195 959
-
social contributions
9 302
-
46 541
-
total
9 302
-
46 541
-
Corporate
194 030
242 500
-
-
surtax
-
-
-
-
income
40 746
50 925
-
-
total
40 746
50 925
-
-
Dividends
153 284
191 575
-
-
withholding
42 920
53 640
-
-
total
42 920
53 640
-
-
Income
242 500
242 500
242 500
242 500
Total tax
104 930
104 565
136 299
116 785
After tax
137 570
137 935
106 201
125 715
Living cost
27 207
27 207
27 207
27 207
Free-cash
110 363
110 728
78 994
98 508

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125393
₽118791
₽99898
₽95663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
79 072
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
107 135
Employee
48 739
-
212 680
-
other
48
-
94
-
income
10 180
-
75 608
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
81 549
-
Employer
48 739
-
212 680
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
178 222
242 500
-
-
income

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

26 733
36 376
-
-
total
26 733
36 376
-
-
Dividends
151 489
206 124
-
-
withholding
32 697
45 264
-
-
total
32 697
45 264
-
-
Income
242 500
242 500
242 500
242 500
Total tax
88 242
81 640
111 370
107 135
After tax
154 258
160 860
131 130
135 365
Living cost
35 467
35 467
35 467
35 467
Free-cash
118 791
125 393
95 663
99 898

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽189966
₽183813
₽179337
₽189543
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
45 792
Employee
23 001
-
235 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
23 558
-
pensions

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

2 019
-
3 097
-
total
5 630
-
28 665
-
Employer
23 001
-
235 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
214 986
242 500
-
-
income
21 499
24 250
-
-
total
21 499
24 250
-
-
Dividends
193 487
218 250
-
-
withholding
9 674
10 913
-
-
total
9 674
10 913
-
-
Income
242 500
242 500
242 500
242 500
Total tax
41 316
35 163
35 586
45 792
After tax
201 184
207 337
206 914
196 708
Living cost
17 371
17 371
17 371
17 371
Free-cash
183 813
189 966
189 543
179 337

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85732
₽98936
₽81923
₽109989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
242 500
trade
-
-
-
28 066
income

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

-
-
-
82 137
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.

-
-
-
6 894
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.

-
-
-
4 518
total
-
-
-
121 615
Employee

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

50 213
-
242 500
-
health

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

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

6 894
-
6 894
-
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.

228
-
4 518
-
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.

4 129
-
82 137
-
total
11 251
-
93 549
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 287
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.

1 586
2 001
-
-
income
28 844
36 376
-
-
trade
27 593
34 800
-
-
chamber of commerce
435
509
-
-
total
58 458
73 686
-
-
Dividends
133 830
168 814
-
-
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.

1 819
2 300
-
-
withholding
33 074
41 820
-
-
total
34 893
44 120
-
-
Income
242 500
242 500
242 500
242 500
Total tax
104 602
117 806
93 549
121 615
After tax
137 898
124 694
148 951
120 885
Living cost
38 962
38 962
38 962
38 962
Free-cash
98 936
85 732
109 989
81 923

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112264
₽114490
₽62735
₽62735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 320
social contributions
-
-
-
41 958
total
-
-
-
122 278
Employee
78 941
-
242 500
-
income
14 896
-
80 320
-
social contributions
6 558
-
41 958
-
total
21 454
-
122 278
-
Employer
78 941
-
242 500
-
total
-
-
-
-
Corporate
163 559
242 500
-
-
income
20 446
30 312
-
-
total
20 446
30 312
-
-
Dividends
143 114
212 188
-
-
withholding
28 623
42 437
-
-
total
28 623
42 437
-
-
Income
242 500
242 500
242 500
242 500
Total tax
70 523
72 749
122 278
122 278
After tax
171 977
169 751
120 222
120 222
Living cost
57 487
57 487
57 487
57 487
Free-cash
114 490
112 264
62 735
62 735

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
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.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115658
₽119187
₽162749
₽131838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
242 500
income
-
-
-
36 376
health

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

-
-
-
6 741
total
-
-
-
43 117
Employee
46 295
-
237 858
-
income
5 023
-
64 744
-
social contributions
4 638
-
4 642
-
total
9 661
-
69 386
-
Employer
46 295
-
237 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
191 566
242 500
-
-
income
67 048
84 876
-
-
total
67 048
84 876
-
-
Dividends
124 518
157 624
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
242 500
242 500
242 500
242 500
Total tax
86 679
90 208
74 028
43 117
After tax
155 821
152 292
168 472
199 383
Living cost
36 634
36 634
36 634
36 634
Free-cash
119 187
115 658
131 838
162 749

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114208
₽120202
₽118376
₽96781
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
income
-
-
-
76 115
pensions
-
-
-
10 394
total
-
-
-
86 509
Employee
51 632
-
211 244
-
health
674
-
2 813
-
income
9 403
-
61 719
-
pensions
3 941
-
12 316
-
total
14 018
-
76 848
-
Employer
51 632
-
211 244
-
pensions
5 216
-
27 242
-
health
981
-
4 014
-
total
6 197
-
31 256
-
Corporate
184 670
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.

35 088
46 074
-
-
total
35 088
46 074
-
-
Dividends
149 582
196 426
-
-
withholding
29 380
44 603
-
-
total
29 380
44 603
-
-
Income
242 500
242 500
242 500
242 500
Total tax
84 683
90 677
108 104
86 509
After tax
157 817
151 823
134 396
155 991
Living cost
37 615
37 615
37 615
37 615
Free-cash
120 202
114 208
96 781
118 376

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4257
₽15976
₽141637
₽110133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
69 976
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
76 963
Employee
37 595
-
222 288
-
health
4 304
-
25 452
-
income
5 158
-
55 150
-
pensions
4 233
-
7 654
-
total
13 695
-
88 256
-
Employer
37 595
-
222 288
-
accident
628
-
3 712
-
unemployment
921
-
5 446
-
pensions
6 113
-
11 053
-
total
7 662
-
20 211
-
Corporate
197 244
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.

177 519
218 250
-
-
total
177 519
218 250
-
-
Dividends
19 724
24 250
-
-
withholding
3 748
4 607
-
-
total
3 748
4 607
-
-
Income
242 500
242 500
242 500
242 500
Total tax
202 624
222 857
108 467
76 963
After tax
39 876
19 643
134 033
165 537
Living cost
23 900
23 900
23 900
23 900
Free-cash
15 976
-4 257
110 133
141 637

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171882
₽168828
₽143525
₽165718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
40 961
pensions
-
-
-
29 696
unemployment
-
-
-
1 937
total
-
-
-
85 344
Employee

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

21 810
-
242 500
-
work injury
109
-
403
-
income
2 181
-
40 961
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
63 151
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
220 690
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%.

22 069
24 250
-
-
total
22 069
24 250
-
-
Dividends
198 621
218 250
-
-
withholding
29 793
32 737
-
-
total
29 793
32 737
-
-
Income
242 500
242 500
242 500
242 500
Total tax
60 041
56 987
63 151
85 344
After tax
182 459
185 513
179 349
157 156
Living cost
13 631
13 631
13 631
13 631
Free-cash
168 828
171 882
165 718
143 525

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87530
₽82938
₽74528
₽66238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
242 500
municipal
-
-
-
1 727
regional
-
-
-
6 057
national
-
-
-
69 476
social contributions
-
-
-
50 509
total
-
-
-
127 769
Employee
85 040
-
242 500
-
social contributions
28 675
-
66 219
-
regional
1 284
-
5 534
-
municipal
508
-
1 586
-
national
14 371
-
62 720
-
total
44 838
-
136 059
-
Employer
85 040
-
242 500
-
total
-
-
-
-
Corporate
157 460
242 500
-
-
nationa
37 791
58 200
-
-
municipal
7 590
11 688
-
-
total
45 381
69 888
-
-
Dividends
112 079
172 612
-
-
withholding
29 140
44 879
-
-
total
29 140
44 879
-
-
Income
242 500
242 500
242 500
242 500
Total tax
119 359
114 767
136 059
127 769
After tax
123 141
127 733
106 441
114 731
Living cost
40 203
40 203
40 203
40 203
Free-cash
82 938
87 530
66 238
74 528

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close