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
₽ 243500
per

Your estimated
City
free-cash

Dresden , Germany
₽91925
₽103165
₽87912
₽118821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 500
trade
-
-
-
30 909
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.

-
-
-
82 420
health

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

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

-
-
-
6 943
surtax

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

-
-
-
4 534
total
-
-
-
124 806
Employee

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

38 870
-
243 500
-
health

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

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

6 943
-
6 943
-
surtax

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

60
-
4 534
-
income

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

1 086
-
82 420
-
total
8 089
-
93 897
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
204 630
243 500
-
-
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.

1 687
2 010
-
-
income
30 695
36 525
-
-
trade
32 230
38 351
-
-
chamber of commerce
447
503
-
-
total
65 059
77 389
-
-
Dividends
139 571
166 111
-
-
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.

1 898
2 262
-
-
withholding
34 507
41 142
-
-
total
36 405
43 404
-
-
Income
243 500
243 500
243 500
243 500
Total tax
109 553
120 793
93 897
124 806
After tax
133 947
122 707
149 603
118 694
Living cost
30 782
30 782
30 782
30 782
Free-cash
103 165
91 925
118 821
87 912

Estimated living cost  is ₽30782 per week

₽19363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽100669
₽99817
₽86281
₽87588
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
municipal
-
-
-
27 138
pensions
-
-
-
29 220
national
-
-
-
46 968
social contributions
-
-
-
2 618
total
-
-
-
105 944
Employee
79 485
-
210 504
-
municipal
9 818
-
28 081
-
pensions
3 179
-
8 420
-
national
15 213
-
49 033
-
total
28 210
-
85 534
-
Employer
79 485
-
210 504
-
social contributions
854
-
2 263
-
pensions
6 359
-
16 840
-
total
7 213
-
19 103
-
Corporate
151 555
243 500
-
-
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%.

30 311
48 700
-
-
total
30 311
48 700
-
-
Dividends
121 244
194 800
-
-
withholding
26 674
42 856
-
-
total
26 674
42 856
-
-
Income
243 500
243 500
243 500
243 500
Total tax
92 408
91 556
104 637
105 944
After tax
151 092
151 944
138 863
137 556
Living cost
51 275
51 275
51 275
51 275
Free-cash
99 817
100 669
87 588
86 281

Estimated living cost  is ₽51275 per week

₽34851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽173658
₽165320
₽68426
₽85509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 500
microenterprise
-
-
-
-
income
-
-
-
52 902
surtax
-
-
-
62 093
social contributions

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

-
-
-
38 937
total
-
-
-
153 932
Employee
29 696
-
193 084
-
social contributions

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

3 267
-
13 322
-
surtax
-
-
27 997
-
income
5 286
-
45 114
-
total
8 553
-
86 433
-
Employer
29 696
-
193 084
-
social contributions

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

7 153
-
29 177
-
surtax
-
-
21 239
-
total
7 153
-
50 416
-
Corporate
206 651
243 500
-
-
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%.

41 331
48 700
-
-
total
41 331
48 700
-
-
Dividends

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

165 321
194 800
-
-
total
-
-
-
-
Income
243 500
243 500
243 500
243 500
Total tax
57 037
48 700
136 849
153 932
After tax
186 463
194 800
106 651
89 568
Living cost
21 142
21 142
21 142
21 142
Free-cash
165 320
173 658
85 509
68 426

Estimated living cost  is ₽21142 per week

₽13488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽78944
₽72718
₽87371
₽113130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
89 117
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
113 556
Employee
86 784
86 784
224 614
-
health
13 320
11 330
12 532
-
income

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

14 205
14 205
44 472
-
pensions
15 621
11 907
11 907
-
total
43 146
37 442
68 911
-
Employer
86 784
86 784
224 614
-
unemployment
3 124
3 124
3 882
-
pensions
6 040
6 040
7 508
-
health
6 032
6 032
7 496
-
total
15 196
15 196
18 886
-
Corporate
142 583
141 519
-
-
income
28 517
28 303
-
-
total
28 517
28 303
-
-
Dividends
114 066
113 215
-
-
income
24 240
24 059
-
-
withholding
17 110
16 983
-
-
total
41 350
41 042
-
-
Income
243 500
243 500
243 500
243 500
Total tax
128 209
121 983
87 797
113 556
After tax
115 291
121 517
155 703
129 944
Living cost
42 573
42 573
42 573
42 573
Free-cash
72 718
78 944
113 130
87 371

Estimated living cost  is ₽42573 per week

₽30170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽93794
₽92916
₽81520
₽80570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
municipal
-
-
-
65 198
accident
-
-
-
172
pensions
-
-
-
9 277
other
-
-
-
9 972
unemployment
-
-
-
86
health
-
-
-
5 355
national
-
-
-
32 763
total
-
-
-
122 823
Employee
55 795
-
216 536
-
municipal
16 638
-
64 571
-
national
-
-
32 237
-
total
16 638
-
96 808
-
Employer
55 795
-
216 536
-
accident
112
-
172
-
other
6 483
-
9 972
-
unemployment
1 473
-
2 266
-
pensions
6 031
-
9 277
-
health
3 431
-
5 278
-
total
17 530
-
26 965
-
Corporate
170 175
243 500
-
-
income
37 438
53 570
-
-
total
37 438
53 570
-
-
Dividends
132 736
189 930
-
-
withholding
39 821
56 979
-
-
total
39 821
56 979
-
-
Income
243 500
243 500
243 500
243 500
Total tax
111 427
110 549
123 773
122 823
After tax
132 073
132 951
119 727
120 677
Living cost
39 157
39 157
39 157
39 157
Free-cash
92 916
93 794
80 570
81 520

Estimated living cost  is ₽39157 per week

₽25951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽81531
₽95810
₽77396
₽109680
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 500
trade
-
-
-
32 284
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.

-
-
-
82 420
health

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

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

-
-
-
6 943
surtax

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

-
-
-
4 534
total
-
-
-
126 181
Employee

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

51 537
-
243 500
-
health

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

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

6 943
-
6 943
-
surtax

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

243
-
4 534
-
income

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

4 428
-
82 420
-
total
11 614
-
93 897
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
191 963
243 500
-
-
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.

1 583
2 010
-
-
income
28 795
36 525
-
-
trade
31 578
40 056
-
-
chamber of commerce
428
501
-
-
total
62 384
79 092
-
-
Dividends
129 579
164 409
-
-
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.

1 761
2 239
-
-
withholding
32 008
40 715
-
-
total
33 769
42 954
-
-
Income
243 500
243 500
243 500
243 500
Total tax
107 767
122 046
93 897
126 181
After tax
135 733
121 454
149 603
117 319
Living cost
39 923
39 923
39 923
39 923
Free-cash
95 810
81 531
109 680
77 396

Estimated living cost  is ₽39923 per week

₽26701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽144464
₽140248
₽130241
₽128274
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
57 644
health
-
-
-
6 210
social contributions
-
-
-
16 443
total
-
-
-
80 297
Employee
78 145
78 145
230 488
-
social contributions
3 797
6 486
8 748
-
health
777
1 329
3 919
-
income
8 206
7 234
56 585
-
total
12 780
15 049
69 252
-
Employer
78 145
78 145
230 488
-
social contributions
3 797
6 486
8 748
-
health
847
1 446
4 264
-
total
4 644
7 932
13 012
-
Corporate
193 113
157 422
-
-
income
24 140
19 677
-
-
total
24 140
19 677
-
-
Dividends
168 974
137 745
-
-
withholding
28 726
23 416
-
-
total
28 726
23 416
-
-
Income
243 500
243 500
243 500
243 500
Total tax
70 290
66 074
82 264
80 297
After tax
173 210
177 426
161 236
163 203
Living cost
32 962
32 962
32 962
32 962
Free-cash
140 248
144 464
128 274
130 241

Estimated living cost  is ₽32962 per week

₽22533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽118239
₽118623
₽150276
₽122750
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
29 768
pensions
-
-
-
24 350
unemployment
-
-
-
3 652
health
-
-
-
17 045
total
-
-
-
74 815
Employee

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
203 766
-
health
1 860
740
14 264
-
income
3 249
1 293
24 910
-
pensions
2 657
1 058
20 377
-
unemployment
399
159
3 056
-
total
8 165
3 250
62 607
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
203 766
-
pensions
5 182
2 062
39 734
-
total
5 182
2 062
39 734
-
Corporate
211 745
230 862
-
-
income
19 057
20 778
-
-
total
19 057
20 778
-
-
Dividends
192 688
210 084
-
-
social contributions
37 453
40 846
-
-
withholding
36 611
39 916
-
-
total
74 064
80 762
-
-
Income
243 500
243 500
243 500
243 500
Total tax
106 468
106 852
102 341
74 815
After tax
137 032
136 648
141 159
168 685
Living cost
18 409
18 409
18 409
18 409
Free-cash
118 623
118 239
122 750
150 276

Estimated living cost  is ₽18409 per week

₽12562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽170254
₽163941
₽105970
₽115807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
32 629
pensions
-
-
-
48 700
health
-
-
-
31 655
total
-
-
-
112 984
Employee
28 830
-
181 985
-
income
3 246
-
35 086
-
pensions
577
-
3 639
-
unemployment
461
-
2 912
-
total
4 284
-
41 637
-
Employer
28 830
-
181 985
-
unemployment
231
-
1 456
-
pensions
5 766
-
36 397
-
health
3 747
-
23 657
-
total
9 744
-
61 510
-
Corporate
204 925
243 500
-
-
income
40 985
48 700
-
-
total
40 985
48 700
-
-
Dividends
163 940
194 800
-
-
total
-
-
-
-
Income
243 500
243 500
243 500
243 500
Total tax
55 013
48 700
103 147
112 984
After tax
188 487
194 800
140 353
130 516
Living cost
24 546
24 546
24 546
24 546
Free-cash
163 941
170 254
115 807
105 970

Estimated living cost  is ₽24546 per week

₽16836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽2472
₽16319
₽144024
₽112381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
accident
-
-
-
255
income
-
-
-
70 253
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
77 280
Employee
34 915
-
223 189
-
health
3 998
-
25 555
-
income
4 790
-
55 361
-
pensions
3 932
-
7 697
-
total
12 720
-
88 613
-
Employer
34 915
-
223 189
-
accident
583
-
3 727
-
unemployment
855
-
5 468
-
pensions
5 677
-
11 115
-
total
7 115
-
20 310
-
Corporate
201 469
243 500
-
-
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.

181 322
219 150
-
-
total
181 322
219 150
-
-
Dividends
20 147
24 350
-
-
withholding
3 828
4 626
-
-
total
3 828
4 626
-
-
Income
243 500
243 500
243 500
243 500
Total tax
204 985
223 776
108 923
77 280
After tax
38 515
19 724
134 577
166 220
Living cost
22 196
22 196
22 196
22 196
Free-cash
16 319
-2 472
112 381
144 024

Estimated living cost  is ₽22196 per week

₽16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽222063
₽220327
₽231803
₽185538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
243 500
microenterprise

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

-
-
-
2 435
total
-
-
-
2 435
Employee
11 577
-
243 500
-
income
2 315
-
48 700
-
total
2 315
-
48 700
-
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%.

231 923
243 500
-
-
total
-
-
-
-
Dividends
231 923
243 500
-
-
withholding
11 596
12 175
-
-
total
11 596
12 175
-
-
Income
243 500
243 500
243 500
243 500
Total tax
13 911
12 175
48 700
2 435
After tax
229 589
231 325
194 800
241 065
Living cost
9 262
9 262
9 262
9 262
Free-cash
220 327
222 063
185 538
231 803

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽151821
₽144956
₽121425
₽119445
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
43 766
pensions

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

-
-
-
37 090
other
-
-
-
7 340
health
-
-
-
6 800
total
-
-
-
94 996
Employee
36 899
-
204 160
-
health
517
-
2 164
-
income
6 353
-
43 109
-
pensions

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

2 582
-
10 817
-
unemployment
368
-
1 545
-
total
9 820
-
57 635
-
Employer
36 899
-
204 160
-
accident
295
-
1 633
-
other
1 846
-
7 726
-
unemployment
368
-
1 545
-
pensions

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

6 274
-
26 273
-
health
517
-
2 164
-
total
9 300
-
39 341
-
Corporate
197 301
243 500
-
-
income
41 433
51 135
-
-
total
41 433
51 135
-
-
Dividends
155 868
192 365
-
-
withholding
10 912
13 465
-
-
total
10 912
13 465
-
-
Income
243 500
243 500
243 500
243 500
Total tax
71 465
64 600
96 976
94 996
After tax
172 035
178 900
146 524
148 504
Living cost
27 079
27 079
27 079
27 079
Free-cash
144 956
151 821
119 445
121 425

Estimated living cost  is ₽27079 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽84153
₽92392
₽88305
₽66614
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
76 317
pensions
-
-
-
10 469
total
-
-
-
86 786
Employee
96 788
-
212 125
-
health
1 595
-
2 830
-
income
17 447
-
61 857
-
pensions
9 337
-
12 415
-
total
28 379
-
77 102
-
Employer
96 788
-
212 125
-
pensions
11 428
-
27 345
-
health
1 838
-
4 030
-
total
13 266
-
31 375
-
Corporate
133 446
243 500
-
-
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.

25 354
46 266
-
-
total
25 354
46 266
-
-
Dividends
108 092
197 234
-
-
withholding
15 700
44 672
-
-
total
15 700
44 672
-
-
Income
243 500
243 500
243 500
243 500
Total tax
82 699
90 938
108 477
86 786
After tax
160 801
152 562
135 023
156 714
Living cost
68 409
68 409
68 409
68 409
Free-cash
92 392
84 153
66 614
88 305

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽194871
₽190151
₽184176
₽194422
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
36 525
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
46 002
Employee
17 640
-
236 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
23 654
-
pensions

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

1 549
-
3 116
-
total
4 318
-
28 793
-
Employer
17 640
-
236 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
222 398
243 500
-
-
income
22 240
24 350
-
-
total
22 240
24 350
-
-
Dividends
200 158
219 150
-
-
withholding
10 008
10 957
-
-
total
10 008
10 957
-
-
Income
243 500
243 500
243 500
243 500
Total tax
40 027
35 307
35 756
46 002
After tax
203 473
208 193
207 744
197 498
Living cost
13 322
13 322
13 322
13 322
Free-cash
190 151
194 871
194 422
184 176

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽65164
₽67721
₽73591
₽99350
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
89 117
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
113 556
Employee
94 220
86 784
224 614
-
health
11 754
11 330
12 532
-
income

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

14 205
14 205
44 472
-
pensions
11 907
11 907
11 907
-
total
37 866
37 442
68 911
-
Employer
94 220
86 784
224 614
-
unemployment
3 392
3 124
3 882
-
pensions
6 557
6 040
7 508
-
health
6 547
6 032
7 496
-
total
16 496
15 196
18 886
-
Corporate
132 783
141 519
-
-
income
26 556
28 303
-
-
total
26 556
28 303
-
-
Dividends
106 227
113 215
-
-
income
22 574
24 059
-
-
withholding
15 934
16 983
-
-
total
38 508
41 042
-
-
Income
243 500
243 500
243 500
243 500
Total tax
119 426
121 983
87 797
113 556
After tax
124 074
121 517
155 703
129 944
Living cost
56 353
56 353
56 353
56 353
Free-cash
67 721
65 164
99 350
73 591

Estimated living cost  is ₽56353 per week

₽41570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽143361
₽134695
₽121117
₽110223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
26 351
health
-
-
-
32 873
solidarity contribution
-
-
-
3 918
social contributions
-
-
-
34 952
total
-
-
-
98 094
Employee
35 720
-
195 941
-
social contributions
2 322
-
7 780
-
health
4 822
-
26 452
-
solidarity contribution
-
-
2 941
-
income
4 286
-
24 256
-
total
11 430
-
61 429
-
Employer
35 720
-
195 941
-
social contributions
8 930
-
29 924
-
health
3 215
-
17 635
-
total
12 145
-
47 559
-
Corporate
195 635
243 500
-
-
income
37 171
46 265
-
-
total
37 171
46 265
-
-
Dividends
158 465
197 235
-
-
withholding
23 770
29 585
-
-
total
23 770
29 585
-
-
Income
243 500
243 500
243 500
243 500
Total tax
84 516
75 850
108 988
98 094
After tax
158 984
167 650
134 512
145 406
Living cost
24 289
24 289
24 289
24 289
Free-cash
134 695
143 361
110 223
121 117

Estimated living cost  is ₽24289 per week

₽16872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽87034
₽81727
₽75403
₽66788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
municipal
-
-
-
1 541
regional
-
-
-
3 150
national
-
-
-
69 661
social contributions
-
-
-
50 863
total
-
-
-
125 215
Employee
90 319
-
243 500
-
social contributions
30 456
-
66 683
-
regional
852
-
2 874
-
municipal
478
-
1 414
-
national
15 650
-
62 859
-
total
47 436
-
133 830
-
Employer
90 319
-
243 500
-
total
-
-
-
-
Corporate
153 181
243 500
-
-
nationa
36 764
58 441
-
-
municipal
5 975
9 496
-
-
total
42 739
67 937
-
-
Dividends
110 443
175 563
-
-
withholding
28 716
45 647
-
-
total
28 716
45 647
-
-
Income
243 500
243 500
243 500
243 500
Total tax
118 891
113 584
133 830
125 215
After tax
124 609
129 916
109 670
118 285
Living cost
42 882
42 882
42 882
42 882
Free-cash
81 727
87 034
66 788
75 403

Estimated living cost  is ₽42882 per week

₽29892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽130736
₽127574
₽91952
₽85737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
78 659
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
13 477
total
-
-
-
129 123
Employee
33 607
-
214 950
-
other
-
-
-
-
health
858
-
3 458
-
surtax
110
-
12 262
-
income
5 633
-
72 581
-
pensions
2 241
-
9 047
-
unemployment
2 339
-
9 440
-
total
11 181
-
106 788
-
Employer
33 607
-
214 950
-
other
-
-
-
-
unemployment
1 065
-
4 299
-
pensions
4 480
-
18 080
-
health
1 529
-
6 171
-
total
7 074
-
28 550
-
Corporate
202 819
243 500
-
-
income
52 732
63 310
-
-
total
52 732
63 310
-
-
Dividends
150 087
180 190
-
-
withholding
22 514
27 029
-
-
total
22 514
27 029
-
-
Income
243 500
243 500
243 500
243 500
Total tax
93 501
90 339
135 338
129 123
After tax
149 999
153 161
108 162
114 377
Living cost
22 425
22 425
22 425
22 425
Free-cash
127 574
130 736
85 737
91 952

Estimated living cost  is ₽22425 per week

₽13712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽105827
₽112585
₽109979
₽88288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
76 317
pensions
-
-
-
10 469
total
-
-
-
86 786
Employee
64 865
-
212 125
-
health
942
-
2 830
-
income
11 682
-
61 857
-
pensions
5 506
-
12 415
-
total
18 130
-
77 102
-
Employer
64 865
-
212 125
-
pensions
7 022
-
27 345
-
health
1 232
-
4 030
-
total
8 254
-
31 375
-
Corporate
170 382
243 500
-
-
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.

32 373
46 266
-
-
total
32 373
46 266
-
-
Dividends
138 008
197 234
-
-
withholding
25 423
44 672
-
-
total
25 423
44 672
-
-
Income
243 500
243 500
243 500
243 500
Total tax
84 180
90 938
108 477
86 786
After tax
159 320
152 562
135 023
156 714
Living cost
46 735
46 735
46 735
46 735
Free-cash
112 585
105 827
88 288
109 979

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
₽33736
₽66941
₽114415
₽106430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
city
-
-
-
2 567
pensions
-
-
-
22 402
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.

-
-
-
4 870
regional
-
-
-
14 075
health
-
-
-
548
national
-
-
-
7 010
total
-
-
-
51 472
Employee
90 828
-
219 539
-
city
975
-
2 380
-
regional
2 974
-
12 606
-
health
205
-
494
-
pensions
7 631
-
16 661
-
unemployment
-
-
-
-
national
430
-
5 770
-
total
12 215
-
37 911
-
Employer
90 828
-
219 539
-
other

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

1 816
-
4 391
-
unemployment
-
-
-
-
pensions
7 631
-
16 661
-
health
205
-
494
-
total
9 652
-
21 546
-
Corporate
142 022
243 500
-
-
regional
30 039
51 499
-
-
national
12 072
20 697
-
-
total
42 111
72 196
-
-
Dividends
99 911
171 303
-
-
withholding
34 968
59 955
-
-
total
34 968
59 955
-
-
Income
243 500
243 500
243 500
243 500
Total tax
98 946
132 151
59 457
51 472
After tax
144 554
111 349
184 043
192 028
Living cost
77 613
77 613
77 613
77 613
Free-cash
66 941
33 736
106 430
114 415

Estimated living cost  is ₽77613 per week

₽50471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

Source of data for Zurich model

Close
Munich , Germany
₽73644
₽90126
₽69391
₽103048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 500
trade
-
-
-
33 657
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.

-
-
-
82 420
health

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

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

-
-
-
6 943
surtax

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

-
-
-
4 534
total
-
-
-
127 554
Employee

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

61 075
-
243 500
-
health

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

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

6 943
-
6 943
-
surtax

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

395
-
4 534
-
income

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

7 182
-
82 420
-
total
14 520
-
93 897
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 425
243 500
-
-
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.

1 504
2 010
-
-
income
27 364
36 525
-
-
trade
31 287
41 761
-
-
chamber of commerce
411
498
-
-
total
60 566
80 794
-
-
Dividends
121 859
162 708
-
-
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.

1 655
2 216
-
-
withholding
30 078
40 291
-
-
total
31 733
42 507
-
-
Income
243 500
243 500
243 500
243 500
Total tax
106 819
123 301
93 897
127 554
After tax
136 681
120 199
149 603
115 946
Living cost
46 555
46 555
46 555
46 555
Free-cash
90 126
73 644
103 048
69 391

Estimated living cost  is ₽46555 per week

₽34002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₽87952
₽93957
₽97188
₽89113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
47 476
pensions
-
-
-
37 271
other
-
-
-
7 548
health
-
-
-
12 310
surtax
-
-
-
-
social contributions
-
-
-
6 937
total
-
-
-
111 542
Employee
43 494
-
185 084
-
social contributions
1 240
-
5 273
-
surtax
-
-
-
-
income
2 567
-
41 662
-
pensions
4 918
-
14 269
-
total
8 725
-
61 204
-
Employer
43 494
-
185 084
-
other
1 500
-
7 815
-
social contributions
131
-
555
-
unemployment
1 761
-
7 496
-
pensions
7 145
-
23 768
-
health
3 045
-
18 779
-
total
13 582
-
58 413
-
Corporate
186 423
243 500
-
-
surtax
-
-
-
-
income
52 198
68 180
-
-
total
52 198
68 180
-
-
Dividends
134 225
175 320
-
-
surtax
-
-
-
-
social contributions
23 087
30 157
-
-
withholding
17 181
22 441
-
-
total
40 268
52 598
-
-
Income
243 500
243 500
243 500
243 500
Total tax
114 773
120 778
119 617
111 542
After tax
128 727
122 722
123 883
131 958
Living cost
34 770
34 770
34 770
34 770
Free-cash
93 957
87 952
89 113
97 188

Estimated living cost  is ₽34770 per week

₽21924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽91397
₽97046
₽100633
₽92558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
47 476
pensions
-
-
-
37 271
other
-
-
-
7 548
health
-
-
-
12 310
surtax
-
-
-
-
social contributions
-
-
-
6 937
total
-
-
-
111 542
Employee
38 825
-
185 084
-
social contributions
1 107
-
5 273
-
surtax
-
-
-
-
income
2 002
-
41 662
-
pensions
4 391
-
14 269
-
total
7 500
-
61 204
-
Employer
38 825
-
185 084
-
other
1 340
-
7 815
-
social contributions
116
-
555
-
unemployment
1 572
-
7 496
-
pensions
6 380
-
23 768
-
health
2 717
-
18 779
-
total
12 125
-
58 413
-
Corporate
192 550
243 500
-
-
surtax
-
-
-
-
income
53 914
68 180
-
-
total
53 914
68 180
-
-
Dividends
138 636
175 320
-
-
surtax
-
-
-
-
social contributions
23 845
30 157
-
-
withholding
17 745
22 441
-
-
total
41 590
52 598
-
-
Income
243 500
243 500
243 500
243 500
Total tax
115 129
120 778
119 617
111 542
After tax
128 371
122 722
123 883
131 958
Living cost
31 325
31 325
31 325
31 325
Free-cash
97 046
91 397
92 558
100 633

Estimated living cost  is ₽31325 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽127009
₽127535
₽134827
₽127912
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
36 525
health
-
-
-
16 996
social contributions
-
-
-
33 603
total
-
-
-
87 124
Employee
34 457
-
243 500
-
social contributions
4 756
-
33 603
-
health
2 405
-
16 996
-
income
5 747
-
43 440
-
total
12 908
-
94 039
-
Employer
34 457
-
243 500
-
total
-
-
-
-
Corporate
209 043
243 500
-
-
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%.

10 453
12 175
-
-
total
10 453
12 175
-
-
Dividends
198 590
231 325
-
-
health
13 862
16 146
-
-
social contributions
27 405
31 923
-
-
withholding
29 788
34 698
-
-
total
71 055
82 767
-
-
Income
243 500
243 500
243 500
243 500
Total tax
94 416
94 942
94 039
87 124
After tax
149 084
148 558
149 461
156 376
Living cost
21 549
21 549
21 549
21 549
Free-cash
127 535
127 009
127 912
134 827

Estimated living cost  is ₽21549 per week

₽14422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽98305
₽96730
₽88689
₽27711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
chamber of commerce
-
-
-
974
income
-
-
-
80 548
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
201
total
-
-
-
119 002
Employee
50 788
40 499
202 979
-
other
507
405
1 188
-
health
1 965
1 568
4 594
-
income
5 782
2 987
68 176
-
pensions
5 201
4 146
12 158
-
unemployment
1 524
1 215
3 562
-
total
14 979
10 321
89 678
-
Employer
50 788
40 499
202 979
-
accident
660
526
1 543
-
other
2 413
1 923
8 925
-
chamber of commerce
202
162
812
-
unemployment
1 524
1 215
3 562
-
surtax
201
201
201
-
pensions
6 374
5 084
14 900
-
payroll
1 524
1 215
6 090
-
health
1 919
1 531
4 488
-
total
14 817
11 857
40 521
-
Corporate
177 897
191 144
199 122
-
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.

44 474
47 785
49 781
-
total
44 474
47 785
49 781
-
Dividends
133 423
143 358
-
-
withholding
36 691
39 423
-
-
total
36 691
39 423
-
-
Income
243 500
243 500
243 500
243 500
Total tax
110 961
109 386
179 980
119 002
After tax
132 539
134 114
63 520
124 498
Living cost
35 809
35 809
35 809
35 809
Free-cash
96 730
98 305
27 711
88 689

Estimated living cost  is ₽35809 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽95739
₽83752
₽68930
₽45075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
national
-
-
-
99 090
communal

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

-
-
-
13 089
social contributions
-
-
-
25 337
total
-
-
-
137 516
Employee

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

72 694
-
188 598
-
communal

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

3 792
-
9 837
-
health

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

3 415
-
8 866
-
pensions

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

5 452
-
14 144
-
unemployment

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

633
-
1 641
-
national
22 349
-
71 983
-
total
35 641
-
106 471
-
Employer

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

72 694
-
188 598
-
accident

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

945
-
2 451
-
unemployment

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

1 061
-
2 754
-
surtax
8 243
-
21 388
-
pensions

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

6 441
-
16 709
-
health

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

4 470
-
11 598
-
total
21 160
-
54 900
-
Corporate
149 646
243 500
-
-
surtax
598
1 065
-
-
income
29 929
53 259
-
-
total
30 527
54 324
-
-
Dividends
119 119
189 177
-
-
withholding

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

35 366
56 383
-
-
total
35 366
56 383
-
-
Income
243 500
243 500
243 500
243 500
Total tax
122 694
110 707
161 371
137 516
After tax
120 806
132 793
82 129
105 984
Living cost
37 054
37 054
37 054
37 054
Free-cash
83 752
95 739
45 075
68 930

Estimated living cost  is ₽37054 per week

₽23868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽124830
₽117869
₽99228
₽94964
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
accident
-
-
-
849
income
-
-
-
79 312
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
107 571
Employee
50 587
-
213 471
-
other
50
-
94
-
income
10 674
-
75 824
-
pensions
2 378
-
4 428
-
unemployment
785
-
1 460
-
total
13 887
-
81 806
-
Employer
50 587
-
213 471
-
accident
1 001
-
1 865
-
other
403
-
754
-
unemployment
2 783
-
5 180
-
pensions
11 938
-
22 230
-
total
16 125
-
30 029
-
Corporate
176 789
243 500
-
-
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.

26 517
36 525
-
-
total
26 517
36 525
-
-
Dividends
150 271
206 975
-
-
withholding
32 401
45 444
-
-
total
32 401
45 444
-
-
Income
243 500
243 500
243 500
243 500
Total tax
88 930
81 969
111 835
107 571
After tax
154 570
161 531
131 665
135 929
Living cost
36 701
36 701
36 701
36 701
Free-cash
117 869
124 830
94 964
99 228

Estimated living cost  is ₽36701 per week

₽27027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽81364
₽67386
₽58161
₽67648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
accident
-
-
-
2 038
income
-
-
-
47 372
pensions
-
-
-
36 228
health
-
-
-
16 983
surtax
-
-
-
12 100
communal
-
-
-
15 390
total
-
-
-
130 111
Employee
76 960
-
217 507
-
health
3 425
-
9 679
-
surtax
4 717
-
13 330
-
income
7 434
-
54 222
-
pensions
6 156
-
17 401
-
total
21 732
-
94 632
-
Employer
76 960
-
217 507
-
accident
692
-
1 957
-
pensions
6 156
-
17 401
-
health
2 347
-
6 634
-
total
9 195
-
25 992
-
Corporate
157 344
243 500
-
-
surtax
1 653
2 557
-
-
communal
10 620
16 437
-
-
income
23 602
36 525
-
-
total
35 875
55 519
-
-
Dividends
121 469
187 981
-
-
income
35 863
23 192
-
-
withholding
18 221
28 197
-
-
total
54 084
51 389
-
-
Income
243 500
243 500
243 500
243 500
Total tax
120 886
106 908
120 624
130 111
After tax
122 614
136 592
122 876
113 389
Living cost
55 228
55 228
55 228
55 228
Free-cash
67 386
81 364
67 648
58 161

Estimated living cost  is ₽55228 per week

₽41429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽130335
₽127104
₽91551
₽85336
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
78 659
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
13 477
total
-
-
-
129 123
Employee
34 224
-
214 950
-
other
-
-
-
-
health
874
-
3 458
-
surtax
121
-
12 262
-
income
5 737
-
72 581
-
pensions
2 283
-
9 047
-
unemployment
2 382
-
9 440
-
total
11 397
-
106 788
-
Employer
34 224
-
214 950
-
other
-
-
-
-
unemployment
1 086
-
4 299
-
pensions
4 563
-
18 080
-
health
1 556
-
6 171
-
total
7 205
-
28 550
-
Corporate
202 071
243 500
-
-
income
52 539
63 310
-
-
total
52 539
63 310
-
-
Dividends
149 532
180 190
-
-
withholding
22 429
27 029
-
-
total
22 429
27 029
-
-
Income
243 500
243 500
243 500
243 500
Total tax
93 570
90 339
135 338
129 123
After tax
149 930
153 161
108 162
114 377
Living cost
22 826
22 826
22 826
22 826
Free-cash
127 104
130 335
85 336
91 551

Estimated living cost  is ₽22826 per week

₽13781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽100611
₽98358
₽90149
₽81578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
municipal
-
-
-
1 541
regional
-
-
-
3 910
national
-
-
-
69 661
social contributions
-
-
-
50 863
total
-
-
-
125 975
Employee
56 373
-
243 500
-
social contributions
19 010
-
66 683
-
regional
759
-
3 590
-
municipal
299
-
1 414
-
national
8 931
-
62 859
-
total
28 999
-
134 546
-
Employer
56 373
-
243 500
-
total
-
-
-
-
Corporate
187 127
243 500
-
-
nationa
44 910
58 441
-
-
municipal
9 299
12 102
-
-
total
54 209
70 543
-
-
Dividends
132 917
172 958
-
-
withholding
34 558
44 970
-
-
total
34 558
44 970
-
-
Income
243 500
243 500
243 500
243 500
Total tax
117 766
115 513
134 546
125 975
After tax
125 734
127 987
108 954
117 525
Living cost
27 376
27 376
27 376
27 376
Free-cash
98 358
100 611
81 578
90 149

Estimated living cost  is ₽27376 per week

₽17025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽137719
₽127042
₽115475
₽104581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
26 351
health
-
-
-
32 873
solidarity contribution
-
-
-
3 918
social contributions
-
-
-
34 952
total
-
-
-
98 094
Employee
44 016
-
195 941
-
social contributions
2 861
-
7 780
-
health
5 942
-
26 452
-
solidarity contribution
-
-
2 941
-
income
5 282
-
24 256
-
total
14 085
-
61 429
-
Employer
44 016
-
195 941
-
social contributions
11 004
-
29 924
-
health
3 961
-
17 635
-
total
14 965
-
47 559
-
Corporate
184 518
243 500
-
-
income
35 058
46 265
-
-
total
35 058
46 265
-
-
Dividends
149 460
197 235
-
-
withholding
22 419
29 585
-
-
total
22 419
29 585
-
-
Income
243 500
243 500
243 500
243 500
Total tax
86 527
75 850
108 988
98 094
After tax
156 973
167 650
134 512
145 406
Living cost
29 931
29 931
29 931
29 931
Free-cash
127 042
137 719
104 581
115 475

Estimated living cost  is ₽29931 per week

₽22259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽101799
₽101298
₽92277
₽31146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
chamber of commerce
-
-
-
974
income
-
-
-
80 548
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
-
total
-
-
-
118 801
Employee
44 424
40 499
203 168
-
other
444
405
1 188
-
health
1 718
1 568
4 594
-
income
3 957
2 987
68 270
-
pensions
4 549
4 146
12 158
-
unemployment
1 333
1 215
3 562
-
total
12 001
10 321
89 772
-
Employer
44 424
40 499
203 168
-
accident
577
526
1 543
-
other
2 110
1 923
8 933
-
chamber of commerce
177
162
812
-
unemployment
1 333
1 215
3 562
-
surtax
-
-
-
-
pensions
5 575
5 084
14 900
-
payroll
1 333
1 215
6 094
-
health
1 680
1 531
4 488
-
total
12 785
11 656
40 332
-
Corporate
186 292
191 344
199 311
-
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.

46 572
47 836
49 828
-
total
46 572
47 836
49 828
-
Dividends
139 720
143 509
-
-
withholding
38 422
39 466
-
-
total
38 422
39 466
-
-
Income
243 500
243 500
243 500
243 500
Total tax
109 780
109 279
179 932
118 801
After tax
133 720
134 221
63 568
124 699
Living cost
32 422
32 422
32 422
32 422
Free-cash
101 298
101 799
31 146
92 277

Estimated living cost  is ₽32422 per week

₽19449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽216892
₽214185
₽226632
₽180367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
243 500
microenterprise

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

-
-
-
2 435
total
-
-
-
2 435
Employee
18 042
-
243 500
-
income
3 609
-
48 700
-
total
3 609
-
48 700
-
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%.

225 458
243 500
-
-
total
-
-
-
-
Dividends
225 458
243 500
-
-
withholding
11 273
12 175
-
-
total
11 273
12 175
-
-
Income
243 500
243 500
243 500
243 500
Total tax
14 882
12 175
48 700
2 435
After tax
228 618
231 325
194 800
241 065
Living cost
14 433
14 433
14 433
14 433
Free-cash
214 185
216 892
180 367
226 632

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽140390
₽131890
₽84224
₽78935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 500
income
-
-
-
63 226
pensions
-
-
-
44 468
unemployment
-
-
-
364
health
-
-
-
23 960
total
-
-
-
132 018
Employee

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

44 939
-
210 694
-
health
2 902
-
13 610
-
income
7 750
-
57 938
-
pensions
6 966
-
32 658
-
unemployment
64
-
295
-
total
17 682
-
104 501
-
Employer

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

44 939
-
210 694
-
unemployment
27
-
127
-
pensions
3 977
-
18 647
-
health
2 993
-
14 032
-
total
6 997
-
32 806
-
Corporate
191 564
243 500
-
-
income
36 397
46 266
-
-
total
36 397
46 266
-
-
Dividends
155 167
197 234
-
-
withholding
23 276
29 586
-
-
total
23 276
29 586
-
-
Income
243 500
243 500
243 500
243 500
Total tax
84 352
75 852
137 307
132 018
After tax
159 148
167 648
106 193
111 482
Living cost
27 258
27 258
27 258
27 258
Free-cash
131 890
140 390
78 935
84 224

Estimated living cost  is ₽27258 per week

₽18707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽104242
₽55844
₽124375
₽186211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
47 463
social contributions
-
-
-
27 759
total
-
-
-
75 222
Employee
62 951
-
-
-
social contributions
5 162
-
736
-
income
13 886
-
-
-
total
19 048
-
736
-
Employer
62 951
-
-
-
social contributions
88 761
-
12 650
-
total
88 761
-
12 650
-
Corporate
91 788
243 500
-
-
income
20 193
53 570
-
-
total
20 193
53 570
-
-
Dividends
71 594
189 930
-
-
income
15 751
41 785
-
-
total
15 751
41 785
-
-
Income
243 500
243 500
243 500
243 500
Total tax
143 753
95 355
13 386
75 222
After tax
99 747
148 145
230 114
168 278
Living cost
43 903
43 903
43 903
43 903
Free-cash
55 844
104 242
186 211
124 375

Estimated living cost  is ₽43903 per week

₽28486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽106626
₽105602
₽94389
₽74819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 500
income
-
-
-
32 617
surtax
-
-
-
-
social contributions

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

-
-
-
84 617
total
-
-
-
117 234
Employee
46 740
-
196 768
-
social contributions
5 141
-
21 644
-
surtax
-
-
521
-
income
9 722
-
67 907
-
total
14 863
-
90 072
-
Employer
46 740
-
196 768
-
social contributions
11 101
-
46 732
-
total
11 101
-
46 732
-
Corporate
185 659
243 500
-
-
surtax
-
-
-
-
income
38 989
51 135
-
-
total
38 989
51 135
-
-
Dividends
146 670
192 365
-
-
withholding
41 068
53 862
-
-
total
41 068
53 862
-
-
Income
243 500
243 500
243 500
243 500
Total tax
106 021
104 997
136 804
117 234
After tax
137 479
138 503
106 696
126 266
Living cost
31 877
31 877
31 877
31 877
Free-cash
105 602
106 626
74 819
94 389

Estimated living cost  is ₽31877 per week

₽23850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽73638
₽80625
₽82874
₽74799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
47 476
pensions
-
-
-
37 271
other
-
-
-
7 548
health
-
-
-
12 310
surtax
-
-
-
-
social contributions
-
-
-
6 937
total
-
-
-
111 542
Employee
63 650
-
185 084
-
social contributions
1 813
-
5 273
-
surtax
-
-
-
-
income
5 554
-
41 662
-
pensions
7 199
-
14 269
-
total
14 566
-
61 204
-
Employer
63 650
-
185 084
-
other
2 197
-
7 815
-
social contributions
191
-
555
-
unemployment
2 578
-
7 496
-
pensions
10 458
-
23 768
-
health
4 455
-
18 779
-
total
19 879
-
58 413
-
Corporate
159 970
243 500
-
-
surtax
-
-
-
-
income
44 792
68 180
-
-
total
44 792
68 180
-
-
Dividends
115 178
175 320
-
-
surtax
-
-
-
-
social contributions
19 810
30 157
-
-
withholding
14 744
22 441
-
-
total
34 554
52 598
-
-
Income
243 500
243 500
243 500
243 500
Total tax
113 791
120 778
119 617
111 542
After tax
129 709
122 722
123 883
131 958
Living cost
49 084
49 084
49 084
49 084
Free-cash
80 625
73 638
74 799
82 874

Estimated living cost  is ₽49084 per week

₽33219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽188602
₽185189
₽146562
₽153031
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
12 821
social contributions
-
-
-
53 569
total
-
-
-
66 390
Employee
32 672
-
210 823
-
income
-
-
13 540
-
social contributions
2 123
-
13 704
-
total
2 123
-
27 244
-
Employer
32 672
-
210 823
-
social contributions
5 064
-
32 677
-
total
5 064
-
32 677
-
Corporate
205 764
243 500
-
-
income
20 576
24 350
-
-
total
20 576
24 350
-
-
Dividends
185 188
219 150
-
-
total
-
-
-
-
Income
243 500
243 500
243 500
243 500
Total tax
27 763
24 350
59 921
66 390
After tax
215 737
219 150
183 579
177 110
Living cost
30 548
30 548
30 548
30 548
Free-cash
185 189
188 602
153 031
146 562

Estimated living cost  is ₽30548 per week

₽19752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
₽22098
₽12092
₽90944
₽22098
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
municipal
-
-
-
52 638
pensions
-
-
-
881
national
-
-
-
30 688
labour market
-
-
-
19 410
total
-
-
-
103 617
Employee
206 561
206 561
206 561
-
labour market
16 501
16 501
16 501
-
national
25 235
25 235
25 235
-
municipal
43 986
43 986
43 986
-
pensions
294
294
294
-
total
86 016
86 016
86 016
-
Employer
206 561
206 561
206 561
-
labour market
16 525
16 525
16 525
-
municipal
44 056
44 056
44 056
-
pensions
587
587
587
-
national
25 279
25 279
25 279
-
total
86 447
86 447
86 447
-
Corporate
22 097
-
-
-
income
4 861
-
-
-
total
4 861
-
-
-
Dividends
17 236
-
-
-
withholding
5 145
-
-
-
total
5 145
-
-
-
Income
243 500
243 500
243 500
243 500
Total tax
182 469
172 463
172 463
103 617
After tax
61 031
71 037
71 037
139 883
Living cost
48 939
48 939
48 939
48 939
Free-cash
12 092
22 098
22 098
90 944

Estimated living cost  is ₽48939 per week

₽33495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽2144
₽16371
₽144352
₽112709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
accident
-
-
-
255
income
-
-
-
70 253
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
77 280
Employee
34 400
-
223 189
-
health
3 939
-
25 555
-
income
4 719
-
55 361
-
pensions
3 874
-
7 697
-
total
12 532
-
88 613
-
Employer
34 400
-
223 189
-
accident
574
-
3 727
-
unemployment
843
-
5 468
-
pensions
5 593
-
11 115
-
total
7 010
-
20 310
-
Corporate
202 089
243 500
-
-
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.

181 880
219 150
-
-
total
181 880
219 150
-
-
Dividends
20 209
24 350
-
-
withholding
3 839
4 626
-
-
total
3 839
4 626
-
-
Income
243 500
243 500
243 500
243 500
Total tax
205 261
223 776
108 923
77 280
After tax
38 239
19 724
134 577
166 220
Living cost
21 868
21 868
21 868
21 868
Free-cash
16 371
-2 144
112 709
144 352

Estimated living cost  is ₽21868 per week

₽15918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽109558
₽112699
₽108667
₽80775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
243 500
municipal
-
-
-
43 232
health
-
-
-
3 325
national
-
-
-
49 259
total
-
-
-
95 816
Employee
53 468
-
204 846
-
health
399
-
2 731
-
municipal
8 758
-
33 339
-
pensions
3 608
-
13 828
-
unemployment
802
-
3 072
-
national
883
-
32 084
-
total
14 450
-
85 054
-
Employer
53 468
-
204 846
-
accident
54
-
204
-
unemployment
347
-
1 331
-
pensions
9 276
-
35 541
-
health
411
-
1 578
-
total
10 088
-
38 654
-
Corporate
179 944
243 500
-
-
income
35 989
48 700
-
-
total
35 989
48 700
-
-
Dividends

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

107 967
146 100
-
-
national
11 823
19 927
-
-
municipal
19 434
26 298
-
-
total
31 257
46 225
-
-
Income
243 500
243 500
243 500
243 500
Total tax
91 784
94 925
123 708
95 816
After tax
151 716
148 575
119 792
147 684
Living cost
39 017
39 017
39 017
39 017
Free-cash
112 699
109 558
80 775
108 667

Estimated living cost  is ₽39017 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽153897
₽148364
₽139674
₽137707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
57 644
health
-
-
-
6 210
social contributions
-
-
-
16 443
total
-
-
-
80 297
Employee
78 145
78 145
230 488
-
social contributions
2 955
6 486
8 748
-
health
606
1 329
3 919
-
income
8 509
7 234
56 585
-
total
12 070
15 049
69 252
-
Employer
78 145
78 145
230 488
-
social contributions
2 955
6 486
8 748
-
health
658
1 446
4 264
-
total
3 613
7 932
13 012
-
Corporate
204 290
157 422
-
-
income
25 536
19 677
-
-
total
25 536
19 677
-
-
Dividends
178 754
137 745
-
-
withholding
30 388
23 416
-
-
total
30 388
23 416
-
-
Income
243 500
243 500
243 500
243 500
Total tax
71 607
66 074
82 264
80 297
After tax
171 893
177 426
161 236
163 203
Living cost
23 529
23 529
23 529
23 529
Free-cash
148 364
153 897
137 707
139 674

Estimated living cost  is ₽23529 per week

₽14102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽185506
₽180337
₽191888
₽171504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243 500
income
-
-
-
25 306
pensions
-
-
-
6 464
unemployment
-
-
-
29
health
-
-
-
3 678
total
-
-
-
35 477
Employee

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

23 327
-
233 568
-
health
1 983
-
8 196
-
income
1 595
-
22 788
-
pensions
3 498
-
14 464
-
unemployment
116
-
482
-
total
7 192
-
45 930
-
Employer

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

23 327
-
233 568
-
unemployment
116
-
482
-
pensions
1 282
-
5 303
-
health
1 003
-
4 146
-
total
2 401
-
9 931
-
Corporate
217 772
243 500
-
-
income
19 600
21 916
-
-
total
19 600
21 916
-
-
Dividends
198 173
221 584
-
-
withholding
17 835
19 943
-
-
total
17 835
19 943
-
-
Income
243 500
243 500
243 500
243 500
Total tax
47 028
41 859
55 861
35 477
After tax
196 472
201 641
187 639
208 023
Living cost
16 135
16 135
16 135
16 135
Free-cash
180 337
185 506
171 504
191 888

Estimated living cost  is ₽16135 per week

₽10295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽133585
₽129097
₽107983
₽103719
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
accident
-
-
-
849
income
-
-
-
79 312
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
107 571
Employee
37 577
-
213 471
-
other
37
-
94
-
income
7 245
-
75 824
-
pensions
1 767
-
4 428
-
unemployment
582
-
1 460
-
total
9 631
-
81 806
-
Employer
37 577
-
213 471
-
accident
744
-
1 865
-
other
301
-
754
-
unemployment
2 067
-
5 180
-
pensions
8 867
-
22 230
-
total
11 979
-
30 029
-
Corporate
193 943
243 500
-
-
income

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

29 092
36 525
-
-
total
29 092
36 525
-
-
Dividends
164 851
206 975
-
-
withholding
35 755
45 444
-
-
total
35 755
45 444
-
-
Income
243 500
243 500
243 500
243 500
Total tax
86 457
81 969
111 835
107 571
After tax
157 043
161 531
131 665
135 929
Living cost
27 946
27 946
27 946
27 946
Free-cash
129 097
133 585
103 719
107 983

Estimated living cost  is ₽27946 per week

₽18863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽149163
₽148707
₽153860
₽153663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
83 359
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
86 859
Employee
4 236
-
241 218
-
health
212
-
507
-
income
820
-
83 252
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
84 773
-
Employer
4 236
-
241 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
238 310
243 500
-
-
income
52 428
53 570
-
-
total
52 428
53 570
-
-
Dividends
185 882
189 930
-
-
withholding
37 176
37 986
-
-
total
37 176
37 986
-
-
Income
243 500
243 500
243 500
243 500
Total tax
92 012
91 556
87 056
86 859
After tax
151 488
151 944
156 444
156 641
Living cost
2 781
2 781
2 781
2 781
Free-cash
148 707
149 163
153 663
153 860

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽158371
₽153373
₽140945
₽140945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 500
income
-
-
-
56 634
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 728
total
-
-
-
84 997
Employee

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

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

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

26 477
-
230 069
-
health
1 364
-
3 864
-
income
3 650
-
56 634
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
71 566
-
Employer

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

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

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

26 477
-
230 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
212 284
243 500
-
-
income
31 843
36 525
-
-
total
31 843
36 525
-
-
Dividends
180 441
206 975
-
-
withholding
27 066
31 046
-
-
total
27 066
31 046
-
-
Income
243 500
243 500
243 500
243 500
Total tax
72 569
67 571
84 997
84 997
After tax
170 931
175 929
158 503
158 503
Living cost
17 558
17 558
17 558
17 558
Free-cash
153 373
158 371
140 945
140 945

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽111105
₽110740
₽98868
₽79298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 500
income
-
-
-
32 617
surtax
-
-
-
-
social contributions

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

-
-
-
84 617
total
-
-
-
117 234
Employee
39 443
-
196 768
-
social contributions
4 339
-
21 644
-
surtax
-
-
521
-
income
7 707
-
67 907
-
total
12 046
-
90 072
-
Employer
39 443
-
196 768
-
social contributions
9 367
-
46 732
-
total
9 367
-
46 732
-
Corporate
194 690
243 500
-
-
surtax
-
-
-
-
income
40 885
51 135
-
-
total
40 885
51 135
-
-
Dividends
153 805
192 365
-
-
withholding
43 064
53 862
-
-
total
43 064
53 862
-
-
Income
243 500
243 500
243 500
243 500
Total tax
105 362
104 997
136 804
117 234
After tax
138 138
138 503
106 696
126 266
Living cost
27 398
27 398
27 398
27 398
Free-cash
110 740
111 105
79 298
98 868

Estimated living cost  is ₽27398 per week

₽19405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽125815
₽119165
₽100213
₽95949
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
accident
-
-
-
849
income
-
-
-
79 312
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
107 571
Employee
49 081
-
213 471
-
other
48
-
94
-
income
10 251
-
75 824
-
pensions
2 307
-
4 428
-
unemployment
760
-
1 460
-
total
13 366
-
81 806
-
Employer
49 081
-
213 471
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 700
-
5 180
-
pensions
11 583
-
22 230
-
total
15 648
-
30 029
-
Corporate
178 771
243 500
-
-
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.

26 816
36 525
-
-
total
26 816
36 525
-
-
Dividends
151 955
206 975
-
-
withholding
32 789
45 444
-
-
total
32 789
45 444
-
-
Income
243 500
243 500
243 500
243 500
Total tax
88 619
81 969
111 835
107 571
After tax
154 881
161 531
131 665
135 929
Living cost
35 716
35 716
35 716
35 716
Free-cash
119 165
125 815
95 949
100 213

Estimated living cost  is ₽35716 per week

₽25650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽190714
₽184521
₽180019
₽190265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
36 525
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
46 002
Employee
23 145
-
236 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
23 654
-
pensions

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

2 032
-
3 116
-
total
5 666
-
28 793
-
Employer
23 145
-
236 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
215 814
243 500
-
-
income
21 581
24 350
-
-
total
21 581
24 350
-
-
Dividends
194 233
219 150
-
-
withholding
9 712
10 957
-
-
total
9 712
10 957
-
-
Income
243 500
243 500
243 500
243 500
Total tax
41 500
35 307
35 756
46 002
After tax
202 000
208 193
207 744
197 498
Living cost
17 479
17 479
17 479
17 479
Free-cash
184 521
190 714
190 265
180 019

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽85976
₽99272
₽82205
₽110368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 500
trade
-
-
-
28 163
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.

-
-
-
82 420
health

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

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

-
-
-
6 943
surtax

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

-
-
-
4 534
total
-
-
-
122 060
Employee

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

50 565
-
243 500
-
health

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

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

6 943
-
6 943
-
surtax

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

229
-
4 534
-
income

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

4 158
-
82 420
-
total
11 330
-
93 897
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 935
243 500
-
-
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.

1 591
2 010
-
-
income
28 940
36 525
-
-
trade
27 686
34 941
-
-
chamber of commerce
438
511
-
-
total
58 655
73 987
-
-
Dividends
134 280
169 513
-
-
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.

1 824
2 310
-
-
withholding
33 184
41 992
-
-
total
35 008
44 302
-
-
Income
243 500
243 500
243 500
243 500
Total tax
104 993
118 289
93 897
122 060
After tax
138 507
125 211
149 603
121 440
Living cost
39 235
39 235
39 235
39 235
Free-cash
99 272
85 976
110 368
82 205

Estimated living cost  is ₽39235 per week

₽27065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽112558
₽114804
₽62889
₽62889
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
80 602
social contributions
-
-
-
42 118
total
-
-
-
122 720
Employee
79 494
-
243 500
-
income
15 000
-
80 602
-
social contributions
6 604
-
42 118
-
total
21 604
-
122 720
-
Employer
79 494
-
243 500
-
total
-
-
-
-
Corporate
164 006
243 500
-
-
income
20 500
30 438
-
-
total
20 500
30 438
-
-
Dividends
143 505
213 062
-
-
withholding
28 701
42 613
-
-
total
28 701
42 613
-
-
Income
243 500
243 500
243 500
243 500
Total tax
70 805
73 051
122 720
122 720
After tax
172 695
170 449
120 780
120 780
Living cost
57 891
57 891
57 891
57 891
Free-cash
114 804
112 558
62 889
62 889

Estimated living cost  is ₽57891 per week

₽44042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽116017
₽119567
₽163273
₽132307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 500
income
-
-
-
36 525
health

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

-
-
-
6 812
total
-
-
-
43 337
Employee
46 620
-
238 825
-
income
5 059
-
64 953
-
social contributions
4 671
-
4 675
-
total
9 730
-
69 628
-
Employer
46 620
-
238 825
-
social contributions
4 671
-
4 675
-
total
4 671
-
4 675
-
Corporate
192 209
243 500
-
-
income
67 273
85 224
-
-
total
67 273
85 224
-
-
Dividends
124 936
158 276
-
-
social contributions
5 369
5 369
-
-
total
5 369
5 369
-
-
Income
243 500
243 500
243 500
243 500
Total tax
87 043
90 593
74 303
43 337
After tax
156 457
152 907
169 197
200 163
Living cost
36 890
36 890
36 890
36 890
Free-cash
119 567
116 017
132 307
163 273

Estimated living cost  is ₽36890 per week

₽24300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽114568
₽120627
₽118720
₽97029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
income
-
-
-
76 317
pensions
-
-
-
10 469
total
-
-
-
86 786
Employee
52 152
-
212 125
-
health
680
-
2 830
-
income
9 497
-
61 857
-
pensions
3 980
-
12 415
-
total
14 157
-
77 102
-
Employer
52 152
-
212 125
-
pensions
5 269
-
27 345
-
health
991
-
4 030
-
total
6 260
-
31 375
-
Corporate
185 088
243 500
-
-
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.

35 167
46 266
-
-
total
35 167
46 266
-
-
Dividends
149 921
197 234
-
-
withholding
29 295
44 672
-
-
total
29 295
44 672
-
-
Income
243 500
243 500
243 500
243 500
Total tax
84 879
90 938
108 477
86 786
After tax
158 621
152 562
135 023
156 714
Living cost
37 994
37 994
37 994
37 994
Free-cash
120 627
114 568
97 029
118 720

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽4309
₽16037
₽142187
₽110544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
accident
-
-
-
255
income
-
-
-
70 253
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
77 280
Employee
37 806
-
223 189
-
health
4 329
-
25 555
-
income
5 187
-
55 361
-
pensions
4 257
-
7 697
-
total
13 773
-
88 613
-
Employer
37 806
-
223 189
-
accident
631
-
3 727
-
unemployment
926
-
5 468
-
pensions
6 147
-
11 115
-
total
7 704
-
20 310
-
Corporate
197 990
243 500
-
-
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.

178 191
219 150
-
-
total
178 191
219 150
-
-
Dividends
19 799
24 350
-
-
withholding
3 762
4 626
-
-
total
3 762
4 626
-
-
Income
243 500
243 500
243 500
243 500
Total tax
203 430
223 776
108 923
77 280
After tax
40 070
19 724
134 577
166 220
Living cost
24 033
24 033
24 033
24 033
Free-cash
16 037
-4 309
110 544
142 187

Estimated living cost  is ₽24033 per week

₽17638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽172582
₽169515
₽144088
₽166382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 500
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
41 129
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
85 717
Employee

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

21 911
-
243 500
-
work injury
110
-
405
-
income
2 191
-
41 129
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
63 423
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
221 589
243 500
-
-
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%.

22 159
24 350
-
-
total
22 159
24 350
-
-
Dividends
199 430
219 150
-
-
withholding
29 914
32 873
-
-
total
29 914
32 873
-
-
Income
243 500
243 500
243 500
243 500
Total tax
60 290
57 223
63 423
85 717
After tax
183 210
186 277
180 077
157 783
Living cost
13 695
13 695
13 695
13 695
Free-cash
169 515
172 582
166 382
144 088

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽87773
₽83152
₽74681
₽66333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 500
municipal
-
-
-
1 734
regional
-
-
-
6 076
national
-
-
-
69 661
social contributions
-
-
-
50 863
total
-
-
-
128 334
Employee
85 636
-
243 500
-
social contributions
28 876
-
66 683
-
regional
1 293
-
5 549
-
municipal
511
-
1 591
-
national
14 472
-
62 859
-
total
45 152
-
136 682
-
Employer
85 636
-
243 500
-
total
-
-
-
-
Corporate
157 864
243 500
-
-
nationa
37 888
58 441
-
-
municipal
7 608
11 737
-
-
total
45 496
70 178
-
-
Dividends
112 367
173 322
-
-
withholding
29 215
45 064
-
-
total
29 215
45 064
-
-
Income
243 500
243 500
243 500
243 500
Total tax
119 863
115 242
136 682
128 334
After tax
123 637
128 258
106 818
115 166
Living cost
40 485
40 485
40 485
40 485
Free-cash
83 152
87 773
66 333
74 681

Estimated living cost  is ₽40485 per week

₽28438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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