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
₽ 244500
per

Your estimated
City
free-cash

Dresden , Germany
₽88510
₽119734
₽104074
₽93071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 500
trade
-
-
-
31 224
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.

-
-
-
6 796
income

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

-
-
-
83 258
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.

-
-
-
4 580
total
-
-
-
125 858
Employee

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

38 049
-
244 500
-
surtax

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

59
-
4 580
-
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.

1 063
-
83 258
-
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.

6 796
-
6 796
-
total
7 918
-
94 634
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
206 451
244 500
-
-
trade
32 516
38 509
-
-
surtax

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

1 703
2 016
-
-
income
30 968
36 675
-
-
chamber of commerce
447
502
-
-
total
65 634
77 702
-
-
Dividends
140 817
166 798
-
-
surtax

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

1 916
2 273
-
-
withholding
34 826
41 322
-
-
total
36 742
43 595
-
-
Income
244 500
244 500
244 500
244 500
Total tax
110 294
121 297
94 634
125 858
After tax
134 206
123 203
149 866
118 642
Living cost
30 132
30 132
30 132
30 132
Free-cash
104 074
93 071
119 734
88 510

Estimated living cost  is ₽30132 per week

₽18954
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87514
₽88826
₽101543
₽102376
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
social contributions
-
-
-
2 628
municipal
-
-
-
27 281
national
-
-
-
47 545
pensions
-
-
-
29 340
total
-
-
-
106 794
Employee
77 807
-
211 368
-
pensions
3 112
-
8 455
-
national
14 892
-
49 618
-
municipal
9 610
-
28 228
-
total
27 614
-
86 301
-
Employer
77 807
-
211 368
-
pensions
6 225
-
16 909
-
social contributions
836
-
2 272
-
total
7 061
-
19 181
-
Corporate
154 496
244 500
-
-
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%.

30 899
48 900
-
-
total
30 899
48 900
-
-
Dividends
123 597
195 600
-
-
withholding
27 191
43 032
-
-
total
27 191
43 032
-
-
Income
244 500
244 500
244 500
244 500
Total tax
92 765
91 932
105 482
106 794
After tax
151 735
152 568
139 018
137 706
Living cost
50 192
50 192
50 192
50 192
Free-cash
101 543
102 376
88 826
87 514

Estimated living cost  is ₽50192 per week

₽34115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69628
₽86696
₽166743
₽174904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 500
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.

-
-
-
38 115
income
-
-
-
53 714
microenterprise
-
-
-
-
surtax
-
-
-
62 347
total
-
-
-
154 176
Employee
29 068
-
194 539
-
income
5 174
-
45 898
-
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.

3 198
-
13 041
-
surtax
-
-
28 208
-
total
8 372
-
87 147
-
Employer
29 068
-
194 539
-
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.

7 002
-
28 561
-
surtax
-
-
21 400
-
total
7 002
-
49 961
-
Corporate
208 430
244 500
-
-
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%.

41 687
48 900
-
-
total
41 687
48 900
-
-
Dividends

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

166 743
195 600
-
-
total
-
-
-
-
Income
244 500
244 500
244 500
244 500
Total tax
57 061
48 900
137 108
154 176
After tax
187 439
195 600
107 392
90 324
Living cost
20 696
20 696
20 696
20 696
Free-cash
166 743
174 904
86 696
69 628

Estimated living cost  is ₽20696 per week

₽13203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88491
₽114660
₽74315
₽80412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
health
-
-
-
12 267
income
-
-
-
90 414
pensions
-
-
-
11 655
total
-
-
-
114 336
Employee
84 952
84 952
226 013
-
income

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

13 905
13 905
45 758
-
pensions
15 291
11 655
11 655
-
health
13 039
11 091
12 267
-
total
42 235
36 651
69 680
-
Employer
84 952
84 952
226 013
-
pensions
5 913
5 913
7 349
-
health
5 905
5 905
7 338
-
unemployment
3 058
3 058
3 800
-
total
14 876
14 876
18 487
-
Corporate
145 715
144 673
-
-
income
29 142
28 934
-
-
total
29 142
28 934
-
-
Dividends
116 572
115 738
-
-
withholding
17 487
17 360
-
-
income
24 772
24 594
-
-
total
42 259
41 954
-
-
Income
244 500
244 500
244 500
244 500
Total tax
128 512
122 415
88 167
114 336
After tax
115 988
122 085
156 333
130 164
Living cost
41 673
41 673
41 673
41 673
Free-cash
74 315
80 412
114 660
88 491

Estimated living cost  is ₽41673 per week

₽29533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82554
₽81624
₽94279
₽95139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
other
-
-
-
9 769
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
65 647
health
-
-
-
5 246
national
-
-
-
33 586
pensions
-
-
-
9 088
total
-
-
-
123 588
Employee
54 657
-
218 086
-
national
-
-
33 071
-
municipal
16 299
-
65 033
-
total
16 299
-
98 104
-
Employer
54 657
-
218 086
-
pensions
5 908
-
9 088
-
other
6 351
-
9 769
-
accident
109
-
168
-
health
3 361
-
5 170
-
unemployment
1 443
-
2 219
-
total
17 172
-
26 414
-
Corporate
172 670
244 500
-
-
income
37 987
53 790
-
-
total
37 987
53 790
-
-
Dividends
134 682
190 710
-
-
withholding
40 405
57 213
-
-
total
40 405
57 213
-
-
Income
244 500
244 500
244 500
244 500
Total tax
111 863
111 003
124 518
123 588
After tax
132 637
133 497
119 982
120 912
Living cost
38 358
38 358
38 358
38 358
Free-cash
94 279
95 139
81 624
82 554

Estimated living cost  is ₽38358 per week

₽25422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3764
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78174
₽110786
₽96845
₽82867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 500
trade
-
-
-
32 612
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.

-
-
-
6 796
income

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

-
-
-
83 258
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.

-
-
-
4 580
total
-
-
-
127 246
Employee

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

50 448
-
244 500
-
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.

238
-
4 580
-
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.

4 334
-
83 258
-
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.

6 796
-
6 796
-
total
11 368
-
94 634
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 052
244 500
-
-
trade
31 921
40 220
-
-
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.

1 601
2 016
-
-
income
29 108
36 675
-
-
chamber of commerce
427
498
-
-
total
63 057
79 409
-
-
Dividends
130 995
165 091
-
-
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.

1 780
2 248
-
-
withholding
32 370
40 896
-
-
total
34 150
43 144
-
-
Income
244 500
244 500
244 500
244 500
Total tax
108 575
122 553
94 634
127 246
After tax
135 925
121 947
149 866
117 254
Living cost
39 080
39 080
39 080
39 080
Free-cash
96 845
82 867
110 786
78 174

Estimated living cost  is ₽39080 per week

₽26137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4121
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8238
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131382
₽129420
₽141746
₽145872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
social contributions
-
-
-
16 095
health
-
-
-
6 235
income
-
-
-
58 522
total
-
-
-
80 852
Employee
76 495
76 495
231 652
-
income
8 033
7 081
57 465
-
social contributions
3 717
6 349
8 563
-
health
761
1 301
3 938
-
total
12 511
14 731
69 966
-
Employer
76 495
76 495
231 652
-
health
829
1 416
4 285
-
social contributions
3 717
6 349
8 563
-
total
4 546
7 765
12 848
-
Corporate
195 177
160 240
-
-
income
24 398
20 030
-
-
total
24 398
20 030
-
-
Dividends
170 779
140 211
-
-
withholding
29 033
23 836
-
-
total
29 033
23 836
-
-
Income
244 500
244 500
244 500
244 500
Total tax
70 488
66 362
82 814
80 852
After tax
174 012
178 138
161 686
163 648
Living cost
32 266
32 266
32 266
32 266
Free-cash
141 746
145 872
129 420
131 382

Estimated living cost  is ₽32266 per week

₽22057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151085
₽123446
₽119295
₽118912
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
unemployment
-
-
-
3 667
health
-
-
-
17 115
income
-
-
-
29 890
pensions
-
-
-
24 450
total
-
-
-
75 122
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.

26 407
10 509
204 603
-
income
3 228
1 285
25 013
-
pensions
2 641
1 051
20 460
-
unemployment
396
158
3 069
-
health
1 848
736
14 322
-
total
8 113
3 230
62 864
-
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.

26 407
10 509
204 603
-
pensions
5 149
2 049
39 897
-
total
5 149
2 049
39 897
-
Corporate
212 944
231 941
-
-
income
19 165
20 875
-
-
total
19 165
20 875
-
-
Dividends
193 779
211 067
-
-
social contributions
37 667
41 038
-
-
withholding
36 818
40 103
-
-
total
74 485
81 141
-
-
Income
244 500
244 500
244 500
244 500
Total tax
106 912
107 295
102 761
75 122
After tax
137 588
137 205
141 739
169 378
Living cost
18 293
18 293
18 293
18 293
Free-cash
119 295
118 912
123 446
151 085

Estimated living cost  is ₽18293 per week

₽12483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3947
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107024
₽116898
₽165391
₽171572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
health
-
-
-
31 785
income
-
-
-
32 763
pensions
-
-
-
48 900
total
-
-
-
113 448
Employee
28 221
-
182 735
-
income
3 177
-
35 230
-
pensions
564
-
3 655
-
unemployment
451
-
2 924
-
total
4 192
-
41 809
-
Employer
28 221
-
182 735
-
pensions
5 645
-
36 548
-
health
3 668
-
23 756
-
unemployment
227
-
1 461
-
total
9 540
-
61 765
-
Corporate
206 740
244 500
-
-
income
41 349
48 900
-
-
total
41 349
48 900
-
-
Dividends
165 391
195 600
-
-
total
-
-
-
-
Income
244 500
244 500
244 500
244 500
Total tax
55 081
48 900
103 574
113 448
After tax
189 419
195 600
140 926
131 052
Living cost
24 028
24 028
24 028
24 028
Free-cash
165 391
171 572
116 898
107 024

Estimated living cost  is ₽24028 per week

₽16481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145025
₽113381
₽16450
-₽2062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
other
-
-
-
368
accident
-
-
-
251
health
-
-
-
2 168
income
-
-
-
70 687
pensions
-
-
-
4 135
total
-
-
-
77 609
Employee
34 396
-
224 309
-
income
4 719
-
55 796
-
pensions
3 873
-
7 583
-
health
3 938
-
25 683
-
total
12 530
-
89 062
-
Employer
34 396
-
224 309
-
pensions
5 593
-
10 950
-
accident
574
-
3 746
-
unemployment
843
-
5 495
-
total
7 010
-
20 191
-
Corporate
203 094
244 500
-
-
income

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

182 785
220 050
-
-
total
182 785
220 050
-
-
Dividends
20 309
24 450
-
-
withholding
3 859
4 646
-
-
total
3 859
4 646
-
-
Income
244 500
244 500
244 500
244 500
Total tax
206 184
224 696
109 253
77 609
After tax
38 316
19 804
135 247
166 891
Living cost
21 866
21 866
21 866
21 866
Free-cash
16 450
-2 062
113 381
145 025

Estimated living cost  is ₽21866 per week

₽16026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽233095
₽186640
₽221635
₽223315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
244 500
microenterprise

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

-
-
-
2 445
total
-
-
-
2 445
Employee
11 199
-
244 500
-
income
2 240
-
48 900
-
total
2 240
-
48 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

233 301
244 500
-
-
total
-
-
-
-
Dividends
233 301
244 500
-
-
withholding
11 665
12 225
-
-
total
11 665
12 225
-
-
Income
244 500
244 500
244 500
244 500
Total tax
13 905
12 225
48 900
2 445
After tax
230 595
232 275
195 600
242 055
Living cost
8 960
8 960
8 960
8 960
Free-cash
221 635
223 315
186 640
233 095

Estimated living cost  is ₽8960 per week

₽5552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽246
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123467
₽121493
₽146408
₽153127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
other
-
-
-
7 185
health
-
-
-
6 656
income
-
-
-
44 379
pensions

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

-
-
-
36 306
total
-
-
-
94 526
Employee
36 120
-
205 941
-
income
6 218
-
43 722
-
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.

2 528
-
10 589
-
unemployment
361
-
1 512
-
health
506
-
2 118
-
total
9 613
-
57 941
-
Employer
36 120
-
205 941
-
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.

6 141
-
25 718
-
other
1 807
-
7 563
-
accident
289
-
1 648
-
health
506
-
2 118
-
unemployment
361
-
1 512
-
total
9 104
-
38 559
-
Corporate
199 277
244 500
-
-
income
41 849
51 345
-
-
total
41 849
51 345
-
-
Dividends
157 428
193 155
-
-
withholding
11 019
13 521
-
-
total
11 019
13 521
-
-
Income
244 500
244 500
244 500
244 500
Total tax
71 585
64 866
96 500
94 526
After tax
172 915
179 634
148 000
149 974
Living cost
26 507
26 507
26 507
26 507
Free-cash
146 408
153 127
121 493
123 467

Estimated living cost  is ₽26507 per week

₽18729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1790
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.
₽5561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90196
₽68445
₽93905
₽85863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
income
-
-
-
77 163
pensions
-
-
-
10 357
total
-
-
-
87 520
Employee
94 489
-
212 950
-
income
17 033
-
62 664
-
pensions
9 116
-
12 237
-
health
1 557
-
2 820
-
total
27 706
-
77 721
-
Employer
94 489
-
212 950
-
pensions
11 156
-
27 503
-
health
1 795
-
4 047
-
total
12 951
-
31 550
-
Corporate
137 060
244 500
-
-
income

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

26 041
46 456
-
-
total
26 041
46 456
-
-
Dividends
111 019
198 044
-
-
withholding
17 113
45 397
-
-
total
17 113
45 397
-
-
Income
244 500
244 500
244 500
244 500
Total tax
83 811
91 853
109 271
87 520
After tax
160 689
152 647
135 229
156 980
Living cost
66 784
66 784
66 784
66 784
Free-cash
93 905
85 863
68 445
90 196

Estimated living cost  is ₽66784 per week

₽50043
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7847
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽185528
₽195865
₽191402
₽196018
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
unemployment
-
-
-
139
health
-
-
-
3 992
income
-
-
-
36 675
pensions

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

-
-
-
5 137
total
-
-
-
45 943
Employee
17 253
-
237 690
-
income
1 725
-
23 769
-
pensions

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

1 515
-
3 048
-
health
794
-
1 597
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
total
4 224
-
28 796
-
Employer
17 253
-
237 690
-
pensions

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

1 901
-
3 825
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
health
1 191
-
2 395
-
unemployment
103
-
208
-
total
3 385
-
6 810
-
Corporate
223 862
244 500
-
-
income
22 386
24 450
-
-
total
22 386
24 450
-
-
Dividends
201 476
220 050
-
-
withholding
10 074
11 003
-
-
total
10 074
11 003
-
-
Income
244 500
244 500
244 500
244 500
Total tax
40 069
35 453
35 606
45 943
After tax
204 431
209 047
208 894
198 557
Living cost
13 029
13 029
13 029
13 029
Free-cash
191 402
196 018
195 865
185 528

Estimated living cost  is ₽13029 per week

₽7607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75001
₽101170
₽69422
₽66922
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
health
-
-
-
12 267
income
-
-
-
90 414
pensions
-
-
-
11 655
total
-
-
-
114 336
Employee
92 230
84 952
226 013
-
income

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

13 905
13 905
45 758
-
pensions
11 655
11 655
11 655
-
health
11 506
11 091
12 267
-
total
37 066
36 651
69 680
-
Employer
92 230
84 952
226 013
-
pensions
6 419
5 913
7 349
-
health
6 409
5 905
7 338
-
unemployment
3 321
3 058
3 800
-
total
16 149
14 876
18 487
-
Corporate
136 122
144 673
-
-
income
27 224
28 934
-
-
total
27 224
28 934
-
-
Dividends
108 897
115 738
-
-
withholding
16 335
17 360
-
-
income
23 141
24 594
-
-
total
39 476
41 954
-
-
Income
244 500
244 500
244 500
244 500
Total tax
119 915
122 415
88 167
114 336
After tax
124 585
122 085
156 333
130 164
Living cost
55 163
55 163
55 163
55 163
Free-cash
69 422
66 922
101 170
75 001

Estimated living cost  is ₽55163 per week

₽40692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122227
₽111250
₽135717
₽144294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
social contributions
-
-
-
34 599
health
-
-
-
33 008
income
-
-
-
26 534
solidarity contribution
-
-
-
4 088
total
-
-
-
98 229
Employee
35 360
-
197 135
-
income
4 243
-
24 423
-
solidarity contribution
-
-
3 103
-
social contributions
2 298
-
7 702
-
health
4 774
-
26 613
-
total
11 315
-
61 841
-
Employer
35 360
-
197 135
-
health
3 182
-
17 742
-
social contributions
8 840
-
29 623
-
total
12 022
-
47 365
-
Corporate
197 118
244 500
-
-
income
37 452
46 455
-
-
total
37 452
46 455
-
-
Dividends
159 666
198 045
-
-
withholding
23 950
29 707
-
-
total
23 950
29 707
-
-
Income
244 500
244 500
244 500
244 500
Total tax
84 739
76 162
109 206
98 229
After tax
159 761
168 338
135 294
146 271
Living cost
24 044
24 044
24 044
24 044
Free-cash
135 717
144 294
111 250
122 227

Estimated living cost  is ₽24044 per week

₽16702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77153
₽68720
₽83280
₽88473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
social contributions
-
-
-
49 789
municipal
-
-
-
1 557
national
-
-
-
70 833
regional
-
-
-
3 191
total
-
-
-
125 370
Employee
88 411
-
244 500
-
national
15 320
-
64 172
-
social contributions
29 812
-
65 275
-
municipal
468
-
1 435
-
regional
834
-
2 921
-
total
46 434
-
133 803
-
Employer
88 411
-
244 500
-
total
-
-
-
-
Corporate
156 089
244 500
-
-
nationa
37 462
58 681
-
-
municipal
6 088
9 535
-
-
total
43 550
68 216
-
-
Dividends
112 539
176 284
-
-
withholding
29 259
45 834
-
-
total
29 259
45 834
-
-
Income
244 500
244 500
244 500
244 500
Total tax
119 243
114 050
133 803
125 370
After tax
125 257
130 450
110 697
119 130
Living cost
41 977
41 977
41 977
41 977
Free-cash
83 280
88 473
68 720
77 153

Estimated living cost  is ₽41977 per week

₽29261
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92834
₽86751
₽128742
₽131839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
other
-
-
-
-
unemployment
-
-
-
227
health
-
-
-
9 426
income
-
-
-
79 762
surtax
-
-
-
13 745
pensions
-
-
-
26 554
total
-
-
-
129 714
Employee
32 897
-
216 553
-
income
5 514
-
73 812
-
pensions
2 194
-
8 856
-
unemployment
2 290
-
9 241
-
health
840
-
3 385
-
other
-
-
-
-
surtax
108
-
12 556
-
total
10 946
-
107 850
-
Employer
32 897
-
216 553
-
pensions
4 385
-
17 698
-
other
-
-
-
-
health
1 497
-
6 041
-
unemployment
1 042
-
4 208
-
total
6 924
-
27 947
-
Corporate
204 678
244 500
-
-
income
53 216
63 570
-
-
total
53 216
63 570
-
-
Dividends
151 463
180 930
-
-
withholding
22 720
27 139
-
-
total
22 720
27 139
-
-
Income
244 500
244 500
244 500
244 500
Total tax
93 806
90 709
135 797
129 714
After tax
150 694
153 791
108 703
114 786
Living cost
21 952
21 952
21 952
21 952
Free-cash
128 742
131 839
86 751
92 834

Estimated living cost  is ₽21952 per week

₽13422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111355
₽89604
₽113620
₽107022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
income
-
-
-
77 163
pensions
-
-
-
10 357
total
-
-
-
87 520
Employee
63 324
-
212 950
-
income
11 405
-
62 664
-
pensions
5 375
-
12 237
-
health
919
-
2 820
-
total
17 699
-
77 721
-
Employer
63 324
-
212 950
-
pensions
6 855
-
27 503
-
health
1 203
-
4 047
-
total
8 058
-
31 550
-
Corporate
173 118
244 500
-
-
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.

32 893
46 456
-
-
total
32 893
46 456
-
-
Dividends
140 225
198 044
-
-
withholding
26 605
45 397
-
-
total
26 605
45 397
-
-
Income
244 500
244 500
244 500
244 500
Total tax
85 255
91 853
109 271
87 520
After tax
159 245
152 647
135 229
156 980
Living cost
45 625
45 625
45 625
45 625
Free-cash
113 620
107 022
89 604
111 355

Estimated living cost  is ₽45625 per week

₽34182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽116881
₽109390
₽68742
₽36535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
other

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

-
-
-
4 891
health
-
-
-
551
city
-
-
-
2 577
national
-
-
-
7 448
regional
-
-
-
14 390
pensions
-
-
-
22 494
total
-
-
-
52 351
Employee
88 083
-
220 629
-
pensions
7 400
-
16 534
-
national
417
-
6 095
-
unemployment
-
-
-
-
city
945
-
2 393
-
health
199
-
497
-
regional
2 884
-
12 879
-
total
11 845
-
38 398
-
Employer
88 083
-
220 629
-
pensions
7 400
-
16 534
-
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.

1 761
-
4 413
-
health
199
-
497
-
unemployment
-
-
-
-
total
9 360
-
21 444
-
Corporate
146 089
244 500
-
-
regional
30 898
51 712
-
-
national
12 417
20 783
-
-
total
43 315
72 495
-
-
Dividends
102 774
172 005
-
-
withholding
35 970
60 202
-
-
total
35 970
60 202
-
-
Income
244 500
244 500
244 500
244 500
Total tax
100 490
132 697
59 842
52 351
After tax
144 010
111 803
184 658
192 149
Living cost
75 268
75 268
75 268
75 268
Free-cash
68 742
36 535
109 390
116 881

Estimated living cost  is ₽75268 per week

₽48946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽924
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽70295
₽104294
₽91249
₽75117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 500
trade
-
-
-
33 999
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.

-
-
-
6 796
income

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

-
-
-
83 258
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.

-
-
-
4 580
total
-
-
-
128 633
Employee

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

59 785
-
244 500
-
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.

387
-
4 580
-
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.

7 030
-
83 258
-
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.

6 796
-
6 796
-
total
14 213
-
94 634
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
184 715
244 500
-
-
trade
31 679
41 932
-
-
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.

1 523
2 016
-
-
income
27 707
36 675
-
-
chamber of commerce
412
495
-
-
total
61 321
81 118
-
-
Dividends
123 393
163 383
-
-
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.

1 676
2 226
-
-
withholding
30 469
40 467
-
-
total
32 145
42 693
-
-
Income
244 500
244 500
244 500
244 500
Total tax
107 679
123 811
94 634
128 633
After tax
136 821
120 689
149 866
115 867
Living cost
45 572
45 572
45 572
45 572
Free-cash
91 249
75 117
104 294
70 295

Estimated living cost  is ₽45572 per week

₽33284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97963
₽89489
₽95066
₽89193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
other
-
-
-
7 580
social contributions
-
-
-
6 966
health
-
-
-
12 501
income
-
-
-
48 459
surtax
-
-
-
-
pensions
-
-
-
36 996
total
-
-
-
112 502
Employee
42 576
-
185 591
-
income
2 513
-
42 367
-
pensions
4 814
-
14 413
-
social contributions
1 214
-
5 288
-
surtax
-
-
-
-
total
8 541
-
62 068
-
Employer
42 576
-
185 591
-
pensions
6 994
-
23 995
-
other
1 469
-
7 882
-
health
2 981
-
18 957
-
unemployment
1 724
-
7 517
-
social contributions
128
-
557
-
total
13 296
-
58 908
-
Corporate
188 628
244 500
-
-
surtax
-
-
-
-
income
52 815
68 460
-
-
total
52 815
68 460
-
-
Dividends
135 813
176 040
-
-
surtax
-
-
-
-
social contributions
23 362
30 279
-
-
withholding
17 385
22 533
-
-
total
40 747
52 812
-
-
Income
244 500
244 500
244 500
244 500
Total tax
115 399
121 272
120 976
112 502
After tax
129 101
123 228
123 524
131 998
Living cost
34 035
34 035
34 035
34 035
Free-cash
95 066
89 193
89 489
97 963

Estimated living cost  is ₽34035 per week

₽21461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
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.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101335
₽92861
₽98092
₽92565
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
other
-
-
-
7 580
social contributions
-
-
-
6 966
health
-
-
-
12 501
income
-
-
-
48 459
surtax
-
-
-
-
pensions
-
-
-
36 996
total
-
-
-
112 502
Employee
38 005
-
185 591
-
income
1 960
-
42 367
-
pensions
4 299
-
14 413
-
social contributions
1 084
-
5 288
-
surtax
-
-
-
-
total
7 343
-
62 068
-
Employer
38 005
-
185 591
-
pensions
6 245
-
23 995
-
other
1 312
-
7 882
-
health
2 660
-
18 957
-
unemployment
1 539
-
7 517
-
social contributions
113
-
557
-
total
11 869
-
58 908
-
Corporate
194 626
244 500
-
-
surtax
-
-
-
-
income
54 495
68 460
-
-
total
54 495
68 460
-
-
Dividends
140 131
176 040
-
-
surtax
-
-
-
-
social contributions
24 102
30 279
-
-
withholding
17 936
22 533
-
-
total
42 038
52 812
-
-
Income
244 500
244 500
244 500
244 500
Total tax
115 745
121 272
120 976
112 502
After tax
128 755
123 228
123 524
131 998
Living cost
30 663
30 663
30 663
30 663
Free-cash
98 092
92 565
92 861
101 335

Estimated living cost  is ₽30663 per week

₽17783
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135924
₽128847
₽128591
₽128074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
social contributions
-
-
-
33 741
health
-
-
-
17 066
income
-
-
-
36 675
total
-
-
-
87 482
Employee
33 729
-
244 500
-
income
5 626
-
43 752
-
social contributions
4 655
-
33 741
-
health
2 354
-
17 066
-
total
12 635
-
94 559
-
Employer
33 729
-
244 500
-
total
-
-
-
-
Corporate
210 771
244 500
-
-
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%.

10 538
12 225
-
-
total
10 538
12 225
-
-
Dividends
200 233
232 275
-
-
social contributions
27 632
32 053
-
-
health
13 975
16 213
-
-
withholding
30 035
34 841
-
-
total
71 642
83 107
-
-
Income
244 500
244 500
244 500
244 500
Total tax
94 815
95 332
94 559
87 482
After tax
149 685
149 168
149 941
157 018
Living cost
21 094
21 094
21 094
21 094
Free-cash
128 591
128 074
128 847
135 924

Estimated living cost  is ₽21094 per week

₽14117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89864
₽28560
₽98030
₽99569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
chamber of commerce
-
-
-
978
unemployment
-
-
-
6 101
health
-
-
-
8 890
income
-
-
-
81 918
surtax
-
-
-
196
pensions
-
-
-
21 500
total
-
-
-
119 583
Employee
49 715
39 644
204 418
-
income
5 660
2 924
69 598
-
pensions
5 091
4 059
11 901
-
unemployment
1 491
1 189
3 487
-
health
1 924
1 535
4 497
-
other
496
396
1 163
-
total
14 662
10 103
90 646
-
Employer
49 715
39 644
204 418
-
pensions
6 239
4 976
14 585
-
other
2 362
1 882
8 960
-
accident
646
515
1 510
-
health
1 878
1 499
4 393
-
payroll
1 491
1 189
6 132
-
chamber of commerce
198
159
817
-
unemployment
1 491
1 189
3 487
-
surtax
196
196
196
-
total
14 501
11 605
40 080
-
Corporate
180 282
193 250
200 644
-
income

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

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

45 072
48 313
50 161
-
total
45 072
48 313
50 161
-
Dividends
135 211
144 937
-
-
withholding
37 182
39 857
-
-
total
37 182
39 857
-
-
Income
244 500
244 500
244 500
244 500
Total tax
111 417
109 878
180 887
119 583
After tax
133 083
134 622
63 613
124 917
Living cost
35 053
35 053
35 053
35 053
Free-cash
98 030
99 569
28 560
89 864

Estimated living cost  is ₽35053 per week

₽23379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70174
₽45941
₽85406
₽96745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
social contributions
-
-
-
24 802
communal

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

-
-
-
13 183
national
-
-
-
100 069
total
-
-
-
138 054
Employee

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

71 158
-
189 372
-
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.

5 337
-
14 202
-
national
21 877
-
72 530
-
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.

619
-
1 648
-
communal

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

3 711
-
9 877
-
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.

3 343
-
8 901
-
total
34 887
-
107 158
-
Employer

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

71 158
-
189 372
-
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.

6 305
-
16 779
-
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.

925
-
2 462
-
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.

4 376
-
11 646
-
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.

1 038
-
2 766
-
surtax
8 069
-
21 476
-
total
20 713
-
55 129
-
Corporate
152 629
244 500
-
-
surtax
610
1 078
-
-
income
30 526
53 914
-
-
total
31 136
54 992
-
-
Dividends
121 493
189 508
-
-
withholding

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

36 086
56 491
-
-
total
36 086
56 491
-
-
Income
244 500
244 500
244 500
244 500
Total tax
122 822
111 483
162 287
138 054
After tax
121 678
133 017
82 213
106 446
Living cost
36 272
36 272
36 272
36 272
Free-cash
85 406
96 745
45 941
70 174

Estimated living cost  is ₽36272 per week

₽23364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100510
₽96336
₽119397
₽126214
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
other
-
-
-
93
unemployment
-
-
-
646
accident
-
-
-
831
income
-
-
-
80 401
pensions
-
-
-
26 093
total
-
-
-
108 064
Employee
49 518
-
215 105
-
income
10 448
-
76 986
-
pensions
2 328
-
4 334
-
unemployment
768
-
1 429
-
other
49
-
93
-
total
13 593
-
82 842
-
Employer
49 518
-
215 105
-
pensions
11 686
-
21 761
-
other
395
-
738
-
accident
980
-
1 826
-
unemployment
2 724
-
5 071
-
total
15 785
-
29 396
-
Corporate
179 198
244 500
-
-
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.

26 881
36 675
-
-
total
26 881
36 675
-
-
Dividends
152 317
207 825
-
-
withholding
32 918
45 685
-
-
total
32 918
45 685
-
-
Income
244 500
244 500
244 500
244 500
Total tax
89 177
82 360
112 238
108 064
After tax
155 323
162 140
132 262
136 436
Living cost
35 926
35 926
35 926
35 926
Free-cash
119 397
126 214
96 336
100 510

Estimated living cost  is ₽35926 per week

₽26456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
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.
₽6403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60093
₽68791
₽68904
₽82588
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
accident
-
-
-
1 992
health
-
-
-
16 594
income
-
-
-
48 654
communal
-
-
-
15 452
surtax
-
-
-
12 254
pensions
-
-
-
35 400
total
-
-
-
130 346
Employee
75 335
-
218 403
-
income
7 277
-
54 976
-
pensions
6 026
-
17 472
-
health
3 353
-
9 718
-
surtax
4 618
-
13 385
-
total
21 274
-
95 551
-
Employer
75 335
-
218 403
-
pensions
6 026
-
17 472
-
accident
678
-
1 965
-
health
2 297
-
6 660
-
total
9 001
-
26 097
-
Corporate
160 164
244 500
-
-
communal
10 811
16 503
-
-
surtax
1 682
2 567
-
-
income
24 024
36 675
-
-
total
36 517
55 745
-
-
Dividends
123 646
188 755
-
-
withholding
18 548
28 313
-
-
income
36 195
23 793
-
-
total
54 743
52 106
-
-
Income
244 500
244 500
244 500
244 500
Total tax
121 535
107 851
121 648
130 346
After tax
122 965
136 649
122 852
114 154
Living cost
54 061
54 061
54 061
54 061
Free-cash
68 904
82 588
68 791
60 093

Estimated living cost  is ₽54061 per week

₽40554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92442
₽86359
₽128281
₽131447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
other
-
-
-
-
unemployment
-
-
-
227
health
-
-
-
9 426
income
-
-
-
79 762
surtax
-
-
-
13 745
pensions
-
-
-
26 554
total
-
-
-
129 714
Employee
33 501
-
216 553
-
income
5 616
-
73 812
-
pensions
2 235
-
8 856
-
unemployment
2 331
-
9 241
-
health
855
-
3 385
-
other
-
-
-
-
surtax
119
-
12 556
-
total
11 156
-
107 850
-
Employer
33 501
-
216 553
-
pensions
4 467
-
17 698
-
other
-
-
-
-
health
1 523
-
6 041
-
unemployment
1 063
-
4 208
-
total
7 053
-
27 947
-
Corporate
203 946
244 500
-
-
income
53 027
63 570
-
-
total
53 027
63 570
-
-
Dividends
150 919
180 930
-
-
withholding
22 639
27 139
-
-
total
22 639
27 139
-
-
Income
244 500
244 500
244 500
244 500
Total tax
93 875
90 709
135 797
129 714
After tax
150 625
153 791
108 703
114 786
Living cost
22 344
22 344
22 344
22 344
Free-cash
128 281
131 447
86 359
92 442

Estimated living cost  is ₽22344 per week

₽13490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91571
₽83181
₽99509
₽101716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
social contributions
-
-
-
49 789
municipal
-
-
-
1 557
national
-
-
-
70 833
regional
-
-
-
3 952
total
-
-
-
126 131
Employee
55 183
-
244 500
-
national
8 742
-
64 172
-
social contributions
18 608
-
65 275
-
municipal
293
-
1 435
-
regional
743
-
3 639
-
total
28 386
-
134 521
-
Employer
55 183
-
244 500
-
total
-
-
-
-
Corporate
189 317
244 500
-
-
nationa
45 436
58 681
-
-
municipal
9 409
12 152
-
-
total
54 845
70 833
-
-
Dividends
134 473
173 667
-
-
withholding
34 962
45 153
-
-
total
34 962
45 153
-
-
Income
244 500
244 500
244 500
244 500
Total tax
118 193
115 986
134 521
126 131
After tax
126 307
128 514
109 979
118 369
Living cost
26 798
26 798
26 798
26 798
Free-cash
99 509
101 716
83 181
91 571

Estimated living cost  is ₽26798 per week

₽16666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116642
₽105665
₽128139
₽138709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
social contributions
-
-
-
34 599
health
-
-
-
33 008
income
-
-
-
26 534
solidarity contribution
-
-
-
4 088
total
-
-
-
98 229
Employee
43 572
-
197 135
-
income
5 229
-
24 423
-
solidarity contribution
-
-
3 103
-
social contributions
2 832
-
7 702
-
health
5 882
-
26 613
-
total
13 943
-
61 841
-
Employer
43 572
-
197 135
-
health
3 921
-
17 742
-
social contributions
10 893
-
29 623
-
total
14 814
-
47 365
-
Corporate
186 113
244 500
-
-
income
35 362
46 455
-
-
total
35 362
46 455
-
-
Dividends
150 752
198 045
-
-
withholding
22 613
29 707
-
-
total
22 613
29 707
-
-
Income
244 500
244 500
244 500
244 500
Total tax
86 732
76 162
109 206
98 229
After tax
157 768
168 338
135 294
146 271
Living cost
29 629
29 629
29 629
29 629
Free-cash
128 139
138 709
105 665
116 642

Estimated living cost  is ₽29629 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93375
₽31920
₽102499
₽102989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
chamber of commerce
-
-
-
978
unemployment
-
-
-
6 101
health
-
-
-
8 890
income
-
-
-
81 918
surtax
-
-
-
-
pensions
-
-
-
21 500
total
-
-
-
119 387
Employee
43 485
39 644
204 601
-
income
3 874
2 924
69 690
-
pensions
4 453
4 059
11 901
-
unemployment
1 304
1 189
3 487
-
health
1 682
1 535
4 497
-
other
434
396
1 163
-
total
11 747
10 103
90 738
-
Employer
43 485
39 644
204 601
-
pensions
5 458
4 976
14 585
-
other
2 065
1 882
8 967
-
accident
564
515
1 510
-
health
1 644
1 499
4 393
-
payroll
1 304
1 189
6 137
-
chamber of commerce
174
159
819
-
unemployment
1 304
1 189
3 487
-
surtax
-
-
-
-
total
12 513
11 409
39 898
-
Corporate
188 500
193 446
200 825
-
income

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

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

47 125
48 362
50 206
-
total
47 125
48 362
50 206
-
Dividends
141 375
145 084
-
-
withholding
38 878
39 899
-
-
total
38 878
39 899
-
-
Income
244 500
244 500
244 500
244 500
Total tax
110 263
109 773
180 842
119 387
After tax
134 237
134 727
63 658
125 113
Living cost
31 738
31 738
31 738
31 738
Free-cash
102 499
102 989
31 920
93 375

Estimated living cost  is ₽31738 per week

₽19039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽228093
₽181638
₽215695
₽218313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
244 500
microenterprise

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

-
-
-
2 445
total
-
-
-
2 445
Employee
17 453
-
244 500
-
income
3 491
-
48 900
-
total
3 491
-
48 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

227 047
244 500
-
-
total
-
-
-
-
Dividends
227 047
244 500
-
-
withholding
11 352
12 225
-
-
total
11 352
12 225
-
-
Income
244 500
244 500
244 500
244 500
Total tax
14 843
12 225
48 900
2 445
After tax
229 657
232 275
195 600
242 055
Living cost
13 962
13 962
13 962
13 962
Free-cash
215 695
218 313
181 638
228 093

Estimated living cost  is ₽13962 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84647
₽79339
₽133335
₽141655
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 500
unemployment
-
-
-
366
health
-
-
-
24 058
income
-
-
-
64 094
pensions
-
-
-
44 652
total
-
-
-
133 170
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.

43 990
-
211 560
-
income
7 586
-
58 785
-
pensions
6 819
-
32 791
-
unemployment
62
-
296
-
health
2 841
-
13 666
-
total
17 308
-
105 538
-
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.

43 990
-
211 560
-
pensions
3 893
-
18 723
-
health
2 930
-
14 091
-
unemployment
26
-
126
-
total
6 849
-
32 940
-
Corporate
193 661
244 500
-
-
income
36 795
46 455
-
-
total
36 795
46 455
-
-
Dividends
156 866
198 045
-
-
withholding
23 530
29 707
-
-
total
23 530
29 707
-
-
Income
244 500
244 500
244 500
244 500
Total tax
84 482
76 162
138 478
133 170
After tax
160 018
168 338
106 022
111 330
Living cost
26 683
26 683
26 683
26 683
Free-cash
133 335
141 655
79 339
84 647

Estimated living cost  is ₽26683 per week

₽18312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1710
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.
₽6145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125826
₽188203
₽58050
₽105611
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
social contributions
-
-
-
27 873
income
-
-
-
47 658
total
-
-
-
75 531
Employee
61 862
-
-
-
income
13 645
-
-
-
social contributions
5 073
-
723
-
total
18 718
-
723
-
Employer
61 862
-
-
-
social contributions
87 225
-
12 431
-
total
87 225
-
12 431
-
Corporate
95 414
244 500
-
-
income
20 991
53 790
-
-
total
20 991
53 790
-
-
Dividends
74 423
190 710
-
-
income
16 373
41 956
-
-
total
16 373
41 956
-
-
Income
244 500
244 500
244 500
244 500
Total tax
143 307
95 746
13 154
75 531
After tax
101 193
148 754
231 346
168 969
Living cost
43 143
43 143
43 143
43 143
Free-cash
58 050
105 611
188 203
125 826

Estimated living cost  is ₽43143 per week

₽27993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10543
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95293
₽75428
₽106867
₽107867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 500
social contributions

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

-
-
-
84 963
income
-
-
-
33 040
surtax
-
-
-
-
total
-
-
-
118 003
Employee
45 753
-
197 575
-
income
9 517
-
68 592
-
social contributions
5 033
-
21 732
-
surtax
-
-
621
-
total
14 550
-
90 945
-
Employer
45 753
-
197 575
-
social contributions
10 866
-
46 923
-
total
10 866
-
46 923
-
Corporate
187 881
244 500
-
-
surtax
-
-
-
-
income
39 455
51 345
-
-
total
39 455
51 345
-
-
Dividends
148 426
193 155
-
-
withholding
41 558
54 084
-
-
total
41 558
54 084
-
-
Income
244 500
244 500
244 500
244 500
Total tax
106 429
105 429
137 868
118 003
After tax
138 071
139 071
106 632
126 497
Living cost
31 204
31 204
31 204
31 204
Free-cash
106 867
107 867
75 428
95 293

Estimated living cost  is ₽31204 per week

₽23347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1841
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.
₽5495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83951
₽75477
₽82020
₽75181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
other
-
-
-
7 580
social contributions
-
-
-
6 966
health
-
-
-
12 501
income
-
-
-
48 459
surtax
-
-
-
-
pensions
-
-
-
36 996
total
-
-
-
112 502
Employee
62 306
-
185 591
-
income
5 436
-
42 367
-
pensions
7 047
-
14 413
-
social contributions
1 775
-
5 288
-
surtax
-
-
-
-
total
14 258
-
62 068
-
Employer
62 306
-
185 591
-
pensions
10 238
-
23 995
-
other
2 150
-
7 882
-
health
4 361
-
18 957
-
unemployment
2 524
-
7 517
-
social contributions
187
-
557
-
total
19 460
-
58 908
-
Corporate
162 734
244 500
-
-
surtax
-
-
-
-
income
45 566
68 460
-
-
total
45 566
68 460
-
-
Dividends
117 168
176 040
-
-
surtax
-
-
-
-
social contributions
20 152
30 279
-
-
withholding
14 997
22 533
-
-
total
35 149
52 812
-
-
Income
244 500
244 500
244 500
244 500
Total tax
114 433
121 272
120 976
112 502
After tax
130 067
123 228
123 524
131 998
Living cost
48 047
48 047
48 047
48 047
Free-cash
82 020
75 181
75 477
83 951

Estimated living cost  is ₽48047 per week

₽32518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147776
₽154274
₽186806
₽190146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
social contributions
-
-
-
53 791
income
-
-
-
13 030
total
-
-
-
66 821
Employee
31 982
-
211 690
-
social contributions
2 078
-
13 760
-
income
-
-
13 753
-
total
2 078
-
27 513
-
Employer
31 982
-
211 690
-
social contributions
4 957
-
32 810
-
total
4 957
-
32 810
-
Corporate
207 561
244 500
-
-
income
20 756
24 451
-
-
total
20 756
24 451
-
-
Dividends
186 804
220 049
-
-
total
-
-
-
-
Income
244 500
244 500
244 500
244 500
Total tax
27 791
24 451
60 323
66 821
After tax
216 709
220 049
184 177
177 679
Living cost
29 903
29 903
29 903
29 903
Free-cash
186 806
190 146
154 274
147 776

Estimated living cost  is ₽29903 per week

₽19335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2254
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92276
₽27687
₽14576
₽27687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
municipal
-
-
-
52 986
national
-
-
-
30 959
labour market
-
-
-
19 491
pensions
-
-
-
863
total
-
-
-
104 299
Employee
202 279
202 279
202 279
-
labour market
16 159
16 159
16 159
-
pensions
288
288
288
-
national
24 712
24 712
24 712
-
municipal
43 074
43 074
43 074
-
total
84 233
84 233
84 233
-
Employer
202 279
202 279
202 279
-
pensions
575
575
575
-
municipal
43 143
43 143
43 143
-
national
24 755
24 755
24 755
-
labour market
16 182
16 182
16 182
-
total
84 655
84 655
84 655
-
Corporate
27 687
-
-
-
income
6 091
-
-
-
total
6 091
-
-
-
Dividends
21 595
-
-
-
withholding
7 020
-
-
-
total
7 020
-
-
-
Income
244 500
244 500
244 500
244 500
Total tax
181 999
168 888
168 888
104 299
After tax
62 501
75 612
75 612
140 201
Living cost
47 925
47 925
47 925
47 925
Free-cash
14 576
27 687
27 687
92 276

Estimated living cost  is ₽47925 per week

₽32800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145348
₽113704
₽16501
-₽1739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
other
-
-
-
368
accident
-
-
-
251
health
-
-
-
2 168
income
-
-
-
70 687
pensions
-
-
-
4 135
total
-
-
-
77 609
Employee
33 889
-
224 309
-
income
4 649
-
55 796
-
pensions
3 816
-
7 583
-
health
3 881
-
25 683
-
total
12 346
-
89 062
-
Employer
33 889
-
224 309
-
pensions
5 510
-
10 950
-
accident
566
-
3 746
-
unemployment
830
-
5 495
-
total
6 906
-
20 191
-
Corporate
203 704
244 500
-
-
income

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

183 334
220 050
-
-
total
183 334
220 050
-
-
Dividends
20 370
24 450
-
-
withholding
3 870
4 646
-
-
total
3 870
4 646
-
-
Income
244 500
244 500
244 500
244 500
Total tax
206 456
224 696
109 253
77 609
After tax
38 044
19 804
135 247
166 891
Living cost
21 543
21 543
21 543
21 543
Free-cash
16 501
-1 739
113 704
145 348

Estimated living cost  is ₽21543 per week

₽15681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109441
₽81434
₽113786
₽110407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
244 500
municipal
-
-
-
43 406
health
-
-
-
3 351
national
-
-
-
50 109
total
-
-
-
96 866
Employee
52 338
-
205 687
-
pensions
3 532
-
13 883
-
national
865
-
32 864
-
municipal
8 573
-
33 475
-
unemployment
785
-
3 085
-
health
391
-
2 752
-
total
14 146
-
86 059
-
Employer
52 338
-
205 687
-
pensions
9 080
-
35 687
-
accident
53
-
206
-
health
402
-
1 584
-
unemployment
340
-
1 337
-
total
9 875
-
38 814
-
Corporate
182 287
244 500
-
-
income
36 457
48 900
-
-
total
36 457
48 900
-
-
Dividends

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

109 372
146 700
-
-
municipal
19 686
26 407
-
-
national
12 357
20 593
-
-
total
32 043
47 000
-
-
Income
244 500
244 500
244 500
244 500
Total tax
92 521
95 900
124 873
96 866
After tax
151 979
148 600
119 627
147 634
Living cost
38 193
38 193
38 193
38 193
Free-cash
113 786
110 407
81 434
109 441

Estimated living cost  is ₽38193 per week

₽24947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140616
₽138654
₽149693
₽155106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
social contributions
-
-
-
16 095
health
-
-
-
6 235
income
-
-
-
58 522
total
-
-
-
80 852
Employee
76 495
76 495
231 652
-
income
8 329
7 081
57 465
-
social contributions
2 892
6 349
8 563
-
health
593
1 301
3 938
-
total
11 814
14 731
69 966
-
Employer
76 495
76 495
231 652
-
health
644
1 416
4 285
-
social contributions
2 892
6 349
8 563
-
total
3 536
7 765
12 848
-
Corporate
206 118
160 240
-
-
income
25 765
20 030
-
-
total
25 765
20 030
-
-
Dividends
180 353
140 211
-
-
withholding
30 660
23 836
-
-
total
30 660
23 836
-
-
Income
244 500
244 500
244 500
244 500
Total tax
71 775
66 362
82 814
80 852
After tax
172 725
178 138
161 686
163 648
Living cost
23 032
23 032
23 032
23 032
Free-cash
149 693
155 106
138 654
140 616

Estimated living cost  is ₽23032 per week

₽13804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽193302
₽173348
₽181615
₽186678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
244 500
unemployment
-
-
-
28
health
-
-
-
3 600
income
-
-
-
25 448
pensions
-
-
-
6 328
total
-
-
-
35 404
Employee

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

22 834
-
234 778
-
income
1 561
-
22 982
-
pensions
3 424
-
14 159
-
unemployment
113
-
472
-
health
1 941
-
8 023
-
total
7 039
-
45 636
-
Employer

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

22 834
-
234 778
-
pensions
1 255
-
5 191
-
health
982
-
4 059
-
unemployment
113
-
472
-
total
2 350
-
9 722
-
Corporate
219 316
244 500
-
-
income
19 739
22 004
-
-
total
19 739
22 004
-
-
Dividends
199 577
222 496
-
-
withholding
17 963
20 024
-
-
total
17 963
20 024
-
-
Income
244 500
244 500
244 500
244 500
Total tax
47 091
42 028
55 358
35 404
After tax
197 409
202 472
189 142
209 096
Living cost
15 794
15 794
15 794
15 794
Free-cash
181 615
186 678
173 348
193 302

Estimated living cost  is ₽15794 per week

₽10077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109080
₽104906
₽130390
₽134784
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
other
-
-
-
93
unemployment
-
-
-
646
accident
-
-
-
831
income
-
-
-
80 401
pensions
-
-
-
26 093
total
-
-
-
108 064
Employee
36 783
-
215 105
-
income
7 092
-
76 986
-
pensions
1 729
-
4 334
-
unemployment
570
-
1 429
-
other
36
-
93
-
total
9 427
-
82 842
-
Employer
36 783
-
215 105
-
pensions
8 680
-
21 761
-
other
294
-
738
-
accident
729
-
1 826
-
unemployment
2 024
-
5 071
-
total
11 727
-
29 396
-
Corporate
195 989
244 500
-
-
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.

29 399
36 675
-
-
total
29 399
36 675
-
-
Dividends
166 591
207 825
-
-
withholding
36 201
45 685
-
-
total
36 201
45 685
-
-
Income
244 500
244 500
244 500
244 500
Total tax
86 754
82 360
112 238
108 064
After tax
157 746
162 140
132 262
136 436
Living cost
27 356
27 356
27 356
27 356
Free-cash
130 390
134 784
104 906
109 080

Estimated living cost  is ₽27356 per week

₽18465
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2630
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.
₽5782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154610
₽154416
₽149402
₽149849
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
health
-
-
-
1 438
income
-
-
-
83 750
pensions
-
-
-
1 983
total
-
-
-
87 171
Employee
4 141
-
242 269
-
income
801
-
83 646
-
pensions
373
-
893
-
unemployment
41
-
99
-
health
207
-
496
-
total
1 422
-
85 134
-
Employer
4 141
-
242 269
-
pensions
456
-
1 091
-
health
393
-
942
-
unemployment
83
-
198
-
total
932
-
2 231
-
Corporate
239 427
244 500
-
-
income
52 674
53 790
-
-
total
52 674
53 790
-
-
Dividends
186 753
190 710
-
-
withholding
37 351
38 142
-
-
total
37 351
38 142
-
-
Income
244 500
244 500
244 500
244 500
Total tax
92 379
91 932
87 365
87 171
After tax
152 121
152 568
157 135
157 329
Living cost
2 719
2 719
2 719
2 719
Free-cash
149 402
149 849
154 416
154 610

Estimated living cost  is ₽2719 per week

₽1616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽62
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142528
₽142529
₽154548
₽159444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 500
unemployment
-
-
-
1 103
health
-
-
-
7 574
income
-
-
-
56 969
pensions
-
-
-
19 119
total
-
-
-
84 765
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.

25 947
-
231 338
-
income
3 577
-
56 969
-
pensions
3 633
-
10 295
-
unemployment
195
-
551
-
health
1 336
-
3 787
-
total
8 741
-
71 602
-
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.

25 947
-
231 338
-
pensions
3 114
-
8 824
-
health
1 336
-
3 787
-
unemployment
195
-
551
-
total
4 645
-
13 162
-
Corporate
213 908
244 500
-
-
income
32 086
36 675
-
-
total
32 086
36 675
-
-
Dividends
181 822
207 825
-
-
withholding
27 273
31 174
-
-
total
27 273
31 174
-
-
Income
244 500
244 500
244 500
244 500
Total tax
72 745
67 849
84 764
84 765
After tax
171 755
176 651
159 736
159 735
Living cost
17 207
17 207
17 207
17 207
Free-cash
154 548
159 444
142 529
142 528

Estimated living cost  is ₽17207 per week

₽11586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1331
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99678
₽79813
₽111895
₽112252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 500
social contributions

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

-
-
-
84 963
income
-
-
-
33 040
surtax
-
-
-
-
total
-
-
-
118 003
Employee
38 610
-
197 575
-
income
7 544
-
68 592
-
social contributions
4 248
-
21 732
-
surtax
-
-
621
-
total
11 792
-
90 945
-
Employer
38 610
-
197 575
-
social contributions
9 169
-
46 923
-
total
9 169
-
46 923
-
Corporate
196 721
244 500
-
-
surtax
-
-
-
-
income
41 311
51 345
-
-
total
41 311
51 345
-
-
Dividends
155 410
193 155
-
-
withholding
43 514
54 084
-
-
total
43 514
54 084
-
-
Income
244 500
244 500
244 500
244 500
Total tax
105 786
105 429
137 868
118 003
After tax
138 714
139 071
106 632
126 497
Living cost
26 819
26 819
26 819
26 819
Free-cash
111 895
112 252
79 813
99 678

Estimated living cost  is ₽26819 per week

₽18995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101474
₽97300
₽120669
₽127178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
other
-
-
-
93
unemployment
-
-
-
646
accident
-
-
-
831
income
-
-
-
80 401
pensions
-
-
-
26 093
total
-
-
-
108 064
Employee
48 044
-
215 105
-
income
10 035
-
76 986
-
pensions
2 258
-
4 334
-
unemployment
744
-
1 429
-
other
47
-
93
-
total
13 084
-
82 842
-
Employer
48 044
-
215 105
-
pensions
11 338
-
21 761
-
other
385
-
738
-
accident
951
-
1 826
-
unemployment
2 643
-
5 071
-
total
15 317
-
29 396
-
Corporate
181 138
244 500
-
-
income

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

27 171
36 675
-
-
total
27 171
36 675
-
-
Dividends
153 967
207 825
-
-
withholding
33 297
45 685
-
-
total
33 297
45 685
-
-
Income
244 500
244 500
244 500
244 500
Total tax
88 869
82 360
112 238
108 064
After tax
155 631
162 140
132 262
136 436
Living cost
34 962
34 962
34 962
34 962
Free-cash
120 669
127 178
97 300
101 474

Estimated living cost  is ₽34962 per week

₽25108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽181462
₽191799
₽185897
₽191952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
unemployment
-
-
-
139
health
-
-
-
3 992
income
-
-
-
36 675
pensions

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

-
-
-
5 137
total
-
-
-
45 943
Employee
22 636
-
237 690
-
income
2 264
-
23 769
-
pensions

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

1 987
-
3 048
-
health
1 041
-
1 597
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
total
5 541
-
28 796
-
Employer
22 636
-
237 690
-
pensions

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

2 494
-
3 825
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
health
1 562
-
2 395
-
unemployment
136
-
208
-
total
4 441
-
6 810
-
Corporate
217 423
244 500
-
-
income
21 742
24 450
-
-
total
21 742
24 450
-
-
Dividends
195 681
220 050
-
-
withholding
9 784
11 003
-
-
total
9 784
11 003
-
-
Income
244 500
244 500
244 500
244 500
Total tax
41 508
35 453
35 606
45 943
After tax
202 992
209 047
208 894
198 557
Living cost
17 095
17 095
17 095
17 095
Free-cash
185 897
191 952
191 799
181 462

Estimated living cost  is ₽17095 per week

₽11306
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83011
₽111460
₽100326
₽87312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 500
trade
-
-
-
28 449
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.

-
-
-
6 796
income

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

-
-
-
83 258
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.

-
-
-
4 580
total
-
-
-
123 083
Employee

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

49 497
-
244 500
-
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.

225
-
4 580
-
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.

4 070
-
83 258
-
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.

6 796
-
6 796
-
total
11 091
-
94 634
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
195 003
244 500
-
-
trade
27 983
35 085
-
-
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.

1 608
2 016
-
-
income
29 250
36 675
-
-
chamber of commerce
436
510
-
-
total
59 277
74 286
-
-
Dividends
135 725
170 215
-
-
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.

1 846
2 320
-
-
withholding
33 554
42 176
-
-
total
35 400
44 496
-
-
Income
244 500
244 500
244 500
244 500
Total tax
105 768
118 782
94 634
123 083
After tax
138 732
125 718
149 866
121 417
Living cost
38 406
38 406
38 406
38 406
Free-cash
100 326
87 312
111 460
83 011

Estimated living cost  is ₽38406 per week

₽26494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64078
₽64078
₽116678
₽114483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
social contributions
-
-
-
42 397
income
-
-
-
81 357
total
-
-
-
123 754
Employee
77 815
-
244 500
-
social contributions
6 465
-
42 397
-
income
14 683
-
81 357
-
total
21 148
-
123 754
-
Employer
77 815
-
244 500
-
total
-
-
-
-
Corporate
166 685
244 500
-
-
income
20 836
30 562
-
-
total
20 836
30 562
-
-
Dividends
145 849
213 938
-
-
withholding
29 170
42 787
-
-
total
29 170
42 787
-
-
Income
244 500
244 500
244 500
244 500
Total tax
71 154
73 349
123 754
123 754
After tax
173 346
171 151
120 746
120 746
Living cost
56 668
56 668
56 668
56 668
Free-cash
116 678
114 483
64 078
64 078

Estimated living cost  is ₽56668 per week

₽43112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽165124
₽133507
₽121034
₽117558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 500
health

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

-
-
-
6 590
income
-
-
-
36 675
total
-
-
-
43 265
Employee
45 635
-
239 924
-
social contributions
4 572
-
4 576
-
income
4 952
-
65 730
-
total
9 524
-
70 306
-
Employer
45 635
-
239 924
-
social contributions
4 572
-
4 576
-
total
4 572
-
4 576
-
Corporate
194 292
244 500
-
-
income
68 003
85 575
-
-
total
68 003
85 575
-
-
Dividends
126 290
158 925
-
-
social contributions
5 256
5 256
-
-
total
5 256
5 256
-
-
Income
244 500
244 500
244 500
244 500
Total tax
87 355
90 831
74 882
43 265
After tax
157 145
153 669
169 618
201 235
Living cost
36 111
36 111
36 111
36 111
Free-cash
121 034
117 558
133 507
165 124

Estimated living cost  is ₽36111 per week

₽23786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2847
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.
₽8924
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119888
₽98137
₽121469
₽115555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
income
-
-
-
77 163
pensions
-
-
-
10 357
total
-
-
-
87 520
Employee
50 914
-
212 950
-
income
9 272
-
62 664
-
pensions
3 886
-
12 237
-
health
664
-
2 820
-
total
13 822
-
77 721
-
Employer
50 914
-
212 950
-
pensions
5 144
-
27 503
-
health
968
-
4 047
-
total
6 112
-
31 550
-
Corporate
187 475
244 500
-
-
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.

35 620
46 456
-
-
total
35 620
46 456
-
-
Dividends
151 855
198 044
-
-
withholding
30 385
45 397
-
-
total
30 385
45 397
-
-
Income
244 500
244 500
244 500
244 500
Total tax
85 939
91 853
109 271
87 520
After tax
158 561
152 647
135 229
156 980
Living cost
37 092
37 092
37 092
37 092
Free-cash
121 469
115 555
98 137
119 888

Estimated living cost  is ₽37092 per week

₽25445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7770
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽143215
₽111571
₽16172
-₽3872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
other
-
-
-
368
accident
-
-
-
251
health
-
-
-
2 168
income
-
-
-
70 687
pensions
-
-
-
4 135
total
-
-
-
77 609
Employee
37 244
-
224 309
-
income
5 110
-
55 796
-
pensions
4 194
-
7 583
-
health
4 264
-
25 683
-
total
13 568
-
89 062
-
Employer
37 244
-
224 309
-
pensions
6 056
-
10 950
-
accident
622
-
3 746
-
unemployment
912
-
5 495
-
total
7 590
-
20 191
-
Corporate
199 666
244 500
-
-
income

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

179 700
220 050
-
-
total
179 700
220 050
-
-
Dividends
19 967
24 450
-
-
withholding
3 794
4 646
-
-
total
3 794
4 646
-
-
Income
244 500
244 500
244 500
244 500
Total tax
204 652
224 696
109 253
77 609
After tax
39 848
19 804
135 247
166 891
Living cost
23 676
23 676
23 676
23 676
Free-cash
16 172
-3 872
111 571
143 215

Estimated living cost  is ₽23676 per week

₽17376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146032
₽167875
₽170619
₽173625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
244 500
work injury
-
-
-
794
unemployment
-
-
-
1 906
income
-
-
-
41 364
health insurance
-
-
-
11 756
pensions
-
-
-
29 230
total
-
-
-
85 050
Employee

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

21 468
-
244 500
-
income
2 147
-
41 364
-
work injury
107
-
397
-
pensions
3 950
-
14 615
-
unemployment
258
-
953
-
health insurance
1 589
-
5 878
-
total
8 051
-
63 207
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
223 032
244 500
-
-
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%.

22 303
24 450
-
-
total
22 303
24 450
-
-
Dividends
200 729
220 050
-
-
withholding
30 109
33 007
-
-
total
30 109
33 007
-
-
Income
244 500
244 500
244 500
244 500
Total tax
60 463
57 457
63 207
85 050
After tax
184 037
187 043
181 293
159 450
Living cost
13 418
13 418
13 418
13 418
Free-cash
170 619
173 625
167 875
146 032

Estimated living cost  is ₽13418 per week

₽8312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76345
₽68175
₽84633
₽89154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
244 500
social contributions
-
-
-
49 789
municipal
-
-
-
1 752
national
-
-
-
70 833
regional
-
-
-
6 151
total
-
-
-
128 525
Employee
83 828
-
244 500
-
national
14 166
-
64 172
-
social contributions
28 266
-
65 275
-
municipal
500
-
1 612
-
regional
1 266
-
5 636
-
total
44 198
-
136 695
-
Employer
83 828
-
244 500
-
total
-
-
-
-
Corporate
160 672
244 500
-
-
nationa
38 560
58 681
-
-
municipal
7 744
11 786
-
-
total
46 304
70 467
-
-
Dividends
114 368
174 034
-
-
withholding
29 735
45 249
-
-
total
29 735
45 249
-
-
Income
244 500
244 500
244 500
244 500
Total tax
120 237
115 716
136 695
128 525
After tax
124 263
128 784
107 805
115 975
Living cost
39 630
39 630
39 630
39 630
Free-cash
84 633
89 154
68 175
76 345

Estimated living cost  is ₽39630 per week

₽27838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8467
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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