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
₽ 245500
per

Your estimated
City
free-cash

Dresden , Germany
₽105485
₽95010
₽121081
₽89348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
245 500
trade
-
-
-
31 733
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.

-
-
-
84 616
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.

-
-
-
6 469
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.

-
-
-
4 654
total
-
-
-
127 472
Employee

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

36 216
-
245 500
-
surtax

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

56
-
4 654
-
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.

6 469
-
6 469
-
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.

1 012
-
84 616
-
total
7 537
-
95 739
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
209 284
245 500
-
-
trade
32 962
38 667
-
-
income
31 393
36 825
-
-
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.

1 727
2 025
-
-
chamber of commerce
444
496
-
-
total
66 526
78 013
-
-
Dividends
142 759
167 487
-
-
withholding
35 330
41 513
-
-
surtax

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

1 942
2 284
-
-
total
37 272
43 797
-
-
Income
245 500
245 500
245 500
245 500
Total tax
111 335
121 810
95 739
127 472
After tax
134 165
123 690
149 761
118 028
Living cost
28 680
28 680
28 680
28 680
Free-cash
105 485
95 010
121 081
89 348

Estimated living cost  is ₽28680 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103936
₽104740
₽90508
₽89191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
social contributions
-
-
-
2 639
pensions
-
-
-
29 460
municipal
-
-
-
27 441
national
-
-
-
48 317
total
-
-
-
107 857
Employee
75 110
-
212 233
-
national
14 376
-
50 399
-
municipal
9 277
-
28 391
-
pensions
3 004
-
8 489
-
total
26 657
-
87 279
-
Employer
75 110
-
212 233
-
pensions
6 009
-
16 979
-
social contributions
807
-
2 282
-
total
6 816
-
19 261
-
Corporate
158 616
245 500
-
-
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%.

31 723
49 100
-
-
total
31 723
49 100
-
-
Dividends
126 893
196 400
-
-
withholding
27 916
43 208
-
-
total
27 916
43 208
-
-
Income
245 500
245 500
245 500
245 500
Total tax
93 112
92 308
106 540
107 857
After tax
152 388
153 192
138 960
137 643
Living cost
48 452
48 452
48 452
48 452
Free-cash
103 936
104 740
90 508
89 191

Estimated living cost  is ₽48452 per week

₽32933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽725
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168934
₽176702
₽88747
₽71781
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
245 500
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.

-
-
-
36 279
income
-
-
-
55 138
microenterprise
-
-
-
-
surtax
-
-
-
62 603
total
-
-
-
154 020
Employee
27 668
-
196 681
-
surtax
-
-
28 518
-
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.

3 044
-
12 413
-
income
4 925
-
47 304
-
total
7 969
-
88 235
-
Employer
27 668
-
196 681
-
social contributions

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

6 665
-
27 185
-
surtax
-
-
21 634
-
total
6 665
-
48 819
-
Corporate
211 167
245 500
-
-
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%.

42 233
49 099
-
-
total
42 233
49 099
-
-
Dividends

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

168 934
196 401
-
-
total
-
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
56 867
49 099
137 054
154 020
After tax
188 633
196 401
108 446
91 480
Living cost
19 699
19 699
19 699
19 699
Free-cash
168 934
176 702
88 747
71 781

Estimated living cost  is ₽19699 per week

₽12567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77250
₽83052
₽117286
₽90393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
92 671
pensions
-
-
-
11 094
health
-
-
-
11 676
total
-
-
-
115 441
Employee
80 859
80 859
227 903
-
health
12 411
10 557
11 676
-
pensions
14 555
11 094
11 094
-
income

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

13 235
13 235
48 182
-
total
40 201
34 886
70 952
-
Employer
80 859
80 859
227 903
-
pensions
5 628
5 628
6 995
-
unemployment
2 911
2 911
3 617
-
health
5 621
5 621
6 984
-
total
14 160
14 160
17 596
-
Corporate
151 474
150 482
-
-
income
30 295
30 096
-
-
total
30 295
30 096
-
-
Dividends
121 179
120 386
-
-
withholding
18 177
18 058
-
-
income
25 751
25 582
-
-
total
43 928
43 640
-
-
Income
245 500
245 500
245 500
245 500
Total tax
128 584
122 782
88 548
115 441
After tax
116 916
122 718
156 952
130 059
Living cost
39 666
39 666
39 666
39 666
Free-cash
77 250
83 052
117 286
90 393

Estimated living cost  is ₽39666 per week

₽28110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3576
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94052
₽94930
₽81508
₽82457
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
other
-
-
-
9 961
unemployment
-
-
-
86
pensions
-
-
-
9 266
municipal
-
-
-
65 803
accident
-
-
-
171
national
-
-
-
33 294
health
-
-
-
5 349
total
-
-
-
123 930
Employee
55 732
-
218 566
-
national
-
-
32 769
-
municipal
16 619
-
65 177
-
total
16 619
-
97 946
-
Employer
55 732
-
218 566
-
other
6 476
-
9 961
-
accident
112
-
171
-
pensions
6 025
-
9 266
-
unemployment
1 471
-
2 263
-
health
3 428
-
5 272
-
total
17 512
-
26 933
-
Corporate
172 257
245 500
-
-
income
37 896
54 010
-
-
total
37 896
54 010
-
-
Dividends
134 360
191 490
-
-
withholding
40 308
57 447
-
-
total
40 308
57 447
-
-
Income
245 500
245 500
245 500
245 500
Total tax
112 335
111 457
124 879
123 930
After tax
133 165
134 043
120 621
121 570
Living cost
39 113
39 113
39 113
39 113
Free-cash
94 052
94 930
81 508
82 457

Estimated living cost  is ₽39113 per week

₽25922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98536
₽85234
₽112564
₽79421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
245 500
trade
-
-
-
33 143
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.

-
-
-
84 616
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.

-
-
-
6 469
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.

-
-
-
4 654
total
-
-
-
128 882
Employee

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

48 018
-
245 500
-
surtax

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

226
-
4 654
-
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.

6 469
-
6 469
-
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.

4 126
-
84 616
-
total
10 821
-
95 739
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
197 482
245 500
-
-
trade
32 485
40 384
-
-
income
29 623
36 825
-
-
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.

1 630
2 025
-
-
chamber of commerce
424
492
-
-
total
64 162
79 726
-
-
Dividends
133 320
165 773
-
-
withholding
32 971
41 083
-
-
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.

1 813
2 260
-
-
total
34 784
43 343
-
-
Income
245 500
245 500
245 500
245 500
Total tax
109 767
123 069
95 739
128 882
After tax
135 733
122 431
149 761
116 618
Living cost
37 197
37 197
37 197
37 197
Free-cash
98 536
85 234
112 564
79 421

Estimated living cost  is ₽37197 per week

₽24878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3923
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144198
₽148126
₽131199
₽133146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
social contributions
-
-
-
15 320
income
-
-
-
60 062
health
-
-
-
6 260
total
-
-
-
81 642
Employee
72 810
72 810
233 039
-
health
724
1 238
3 962
-
social contributions
3 538
6 043
8 151
-
income
7 646
6 740
59 014
-
total
11 908
14 021
71 127
-
Employer
72 810
72 810
233 039
-
social contributions
3 538
6 043
8 151
-
health
789
1 348
4 311
-
total
4 327
7 391
12 462
-
Corporate
198 554
165 300
-
-
income
24 820
20 662
-
-
total
24 820
20 662
-
-
Dividends
173 734
144 638
-
-
withholding
29 535
24 588
-
-
total
29 535
24 588
-
-
Income
245 500
245 500
245 500
245 500
Total tax
70 590
66 662
83 589
81 642
After tax
174 910
178 838
161 911
163 858
Living cost
30 712
30 712
30 712
30 712
Free-cash
144 198
148 126
131 199
133 146

Estimated living cost  is ₽30712 per week

₽20995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120465
₽120099
₽124662
₽152416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
unemployment
-
-
-
3 682
income
-
-
-
30 012
pensions
-
-
-
24 550
health
-
-
-
17 185
total
-
-
-
75 429
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.

25 485
10 143
205 439
-
unemployment
382
152
3 082
-
health
1 784
710
14 381
-
pensions
2 549
1 014
20 544
-
income
3 116
1 240
25 115
-
total
7 831
3 116
63 122
-
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.

25 485
10 143
205 439
-
pensions
4 970
1 978
40 061
-
total
4 970
1 978
40 061
-
Corporate
215 045
233 379
-
-
income
19 354
21 004
-
-
total
19 354
21 004
-
-
Dividends
195 691
212 375
-
-
withholding
37 181
40 351
-
-
social contributions
38 044
41 297
-
-
total
75 225
81 648
-
-
Income
245 500
245 500
245 500
245 500
Total tax
107 380
107 746
103 183
75 429
After tax
138 120
137 754
142 317
170 071
Living cost
17 655
17 655
17 655
17 655
Free-cash
120 465
120 099
124 662
152 416

Estimated living cost  is ₽17655 per week

₽12048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167648
₽173531
₽118634
₽108718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
32 897
pensions
-
-
-
49 099
health
-
-
-
31 916
total
-
-
-
113 912
Employee
26 861
-
183 481
-
unemployment
429
-
2 936
-
pensions
537
-
3 669
-
income
3 024
-
35 375
-
total
3 990
-
41 980
-
Employer
26 861
-
183 481
-
pensions
5 373
-
36 695
-
unemployment
216
-
1 468
-
health
3 491
-
23 853
-
total
9 080
-
62 016
-
Corporate
209 559
245 500
-
-
income
41 912
49 099
-
-
total
41 912
49 099
-
-
Dividends
167 648
196 401
-
-
total
-
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
54 982
49 099
103 996
113 912
After tax
190 518
196 401
141 504
131 588
Living cost
22 870
22 870
22 870
22 870
Free-cash
167 648
173 531
118 634
108 718

Estimated living cost  is ₽22870 per week

₽15687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16630
-₽1347
₽114771
₽146319
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
other
-
-
-
358
income
-
-
-
71 226
pensions
-
-
-
4 016
accident
-
-
-
244
health
-
-
-
2 105
total
-
-
-
77 949
Employee
33 400
-
225 573
-
health
3 824
-
25 828
-
pensions
3 761
-
7 363
-
income
4 582
-
56 379
-
total
12 167
-
89 570
-
Employer
33 400
-
225 573
-
accident
558
-
3 767
-
pensions
5 431
-
10 633
-
unemployment
818
-
5 527
-
total
6 807
-
19 927
-
Corporate
205 293
245 500
-
-
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.

184 764
220 950
-
-
total
184 764
220 950
-
-
Dividends
20 529
24 550
-
-
withholding
3 900
4 665
-
-
total
3 900
4 665
-
-
Income
245 500
245 500
245 500
245 500
Total tax
207 638
225 615
109 497
77 949
After tax
37 862
19 885
136 003
167 551
Living cost
21 232
21 232
21 232
21 232
Free-cash
16 630
-1 347
114 771
146 319

Estimated living cost  is ₽21232 per week

₽15562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽224254
₽225670
₽188845
₽235490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
245 500
microenterprise

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

-
-
-
2 455
total
-
-
-
2 455
Employee
9 443
-
245 500
-
income
1 888
-
49 100
-
total
1 888
-
49 100
-
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%.

236 057
245 500
-
-
total
-
-
-
-
Dividends
236 057
245 500
-
-
withholding
11 803
12 275
-
-
total
11 803
12 275
-
-
Income
245 500
245 500
245 500
245 500
Total tax
13 691
12 275
49 100
2 455
After tax
231 809
233 225
196 400
243 045
Living cost
7 555
7 555
7 555
7 555
Free-cash
224 254
225 670
188 845
235 490

Estimated living cost  is ₽7555 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148743
₽155139
₽125150
₽127103
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
other
-
-
-
6 839
income
-
-
-
45 435
pensions

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

-
-
-
34 557
health
-
-
-
6 336
total
-
-
-
93 167
Employee
34 380
-
208 698
-
unemployment
343
-
1 439
-
health
482
-
2 016
-
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.

2 406
-
10 079
-
income
5 919
-
44 785
-
total
9 150
-
58 319
-
Employer
34 380
-
208 698
-
other
1 720
-
7 198
-
accident
275
-
1 669
-
pensions

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

5 845
-
24 479
-
unemployment
343
-
1 439
-
health
482
-
2 016
-
total
8 665
-
36 801
-
Corporate
202 456
245 500
-
-
income
42 516
51 556
-
-
total
42 516
51 556
-
-
Dividends
159 940
193 944
-
-
withholding
11 196
13 575
-
-
total
11 196
13 575
-
-
Income
245 500
245 500
245 500
245 500
Total tax
71 527
65 131
95 120
93 167
After tax
173 973
180 369
150 380
152 333
Living cost
25 230
25 230
25 230
25 230
Free-cash
148 743
155 139
125 150
127 103

Estimated living cost  is ₽25230 per week

₽17827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5294
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97164
₽89672
₽72667
₽94437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
78 829
pensions
-
-
-
10 003
total
-
-
-
88 832
Employee
88 048
-
213 704
-
health
1 451
-
2 781
-
pensions
8 494
-
11 708
-
income
15 872
-
64 316
-
total
25 817
-
78 805
-
Employer
88 048
-
213 704
-
pensions
10 396
-
27 737
-
health
1 672
-
4 060
-
total
12 068
-
31 797
-
Corporate
145 384
245 500
-
-
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.

27 622
46 645
-
-
total
27 622
46 645
-
-
Dividends
117 762
198 855
-
-
withholding
20 598
46 952
-
-
total
20 598
46 952
-
-
Income
245 500
245 500
245 500
245 500
Total tax
86 105
93 597
110 602
88 832
After tax
159 395
151 903
134 898
156 668
Living cost
62 231
62 231
62 231
62 231
Free-cash
97 164
89 672
72 667
94 437

Estimated living cost  is ₽62231 per week

₽46631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7312
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.
₽7783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽193083
₽197482
₽197896
₽187421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
unemployment
-
-
-
132
income
-
-
-
36 825
pensions

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

-
-
-
4 897
health
-
-
-
3 805
total
-
-
-
45 659
Employee
16 446
-
239 008
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
health
756
-
1 522
-
pensions

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

1 444
-
2 905
-
income
1 644
-
23 901
-
total
4 025
-
28 692
-
Employer
16 446
-
239 008
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 812
-
3 646
-
unemployment
98
-
199
-
health
1 135
-
2 283
-
total
3 226
-
6 492
-
Corporate
225 827
245 500
-
-
income
22 583
24 550
-
-
total
22 583
24 550
-
-
Dividends
203 245
220 950
-
-
withholding
10 163
11 048
-
-
total
10 163
11 048
-
-
Income
245 500
245 500
245 500
245 500
Total tax
39 997
35 598
35 184
45 659
After tax
205 503
209 902
210 316
199 841
Living cost
12 420
12 420
12 420
12 420
Free-cash
193 083
197 482
197 896
187 421

Estimated living cost  is ₽12420 per week

₽7251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72596
₽70213
₽104447
₽77554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
92 671
pensions
-
-
-
11 094
health
-
-
-
11 676
total
-
-
-
115 441
Employee
87 787
80 859
227 903
-
health
10 952
10 557
11 676
-
pensions
11 094
11 094
11 094
-
income

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

13 235
13 235
48 182
-
total
35 281
34 886
70 952
-
Employer
87 787
80 859
227 903
-
pensions
6 109
5 628
6 995
-
unemployment
3 161
2 911
3 617
-
health
6 100
5 621
6 984
-
total
15 370
14 160
17 596
-
Corporate
142 343
150 482
-
-
income
28 469
30 096
-
-
total
28 469
30 096
-
-
Dividends
113 874
120 386
-
-
withholding
17 081
18 058
-
-
income
24 198
25 582
-
-
total
41 279
43 640
-
-
Income
245 500
245 500
245 500
245 500
Total tax
120 399
122 782
88 548
115 441
After tax
125 101
122 718
156 952
130 059
Living cost
52 505
52 505
52 505
52 505
Free-cash
72 596
70 213
104 447
77 554

Estimated living cost  is ₽52505 per week

₽38731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136981
₽145407
₽112575
₽123657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
social contributions
-
-
-
33 988
income
-
-
-
26 755
health
-
-
-
33 142
solidarity contribution
-
-
-
4 338
total
-
-
-
98 223
Employee
34 735
-
198 532
-
solidarity contribution
-
-
3 344
-
health
4 689
-
26 802
-
social contributions
2 258
-
7 566
-
income
4 168
-
24 625
-
total
11 115
-
62 337
-
Employer
34 735
-
198 532
-
social contributions
8 684
-
29 100
-
health
3 126
-
17 868
-
total
11 810
-
46 968
-
Corporate
198 955
245 500
-
-
income
37 801
46 645
-
-
total
37 801
46 645
-
-
Dividends
161 153
198 855
-
-
withholding
24 173
29 828
-
-
total
24 173
29 828
-
-
Income
245 500
245 500
245 500
245 500
Total tax
84 899
76 473
109 305
98 223
After tax
160 601
169 027
136 195
147 277
Living cost
23 620
23 620
23 620
23 620
Free-cash
136 981
145 407
112 575
123 657

Estimated living cost  is ₽23620 per week

₽16407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86084
₽91030
₽72370
₽80398
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
regional
-
-
-
3 258
social contributions
-
-
-
47 390
municipal
-
-
-
1 585
national
-
-
-
72 915
total
-
-
-
125 148
Employee
84 152
-
245 500
-
national
14 582
-
66 577
-
regional
794
-
3 003
-
municipal
446
-
1 466
-
social contributions
28 376
-
62 130
-
total
44 198
-
133 176
-
Employer
84 152
-
245 500
-
total
-
-
-
-
Corporate
161 348
245 500
-
-
nationa
38 724
58 921
-
-
municipal
6 293
9 574
-
-
total
45 017
68 495
-
-
Dividends
116 331
177 005
-
-
withholding
30 247
46 021
-
-
total
30 247
46 021
-
-
Income
245 500
245 500
245 500
245 500
Total tax
119 462
114 516
133 176
125 148
After tax
126 038
130 984
112 324
120 352
Living cost
39 954
39 954
39 954
39 954
Free-cash
86 084
91 030
72 370
80 398

Estimated living cost  is ₽39954 per week

₽27851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130577
₽133525
₽88450
₽94239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
other
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
81 671
pensions
-
-
-
25 275
health
-
-
-
8 972
surtax
-
-
-
14 233
total
-
-
-
130 367
Employee
31 312
-
218 899
-
surtax
102
-
13 101
-
unemployment
2 180
-
8 796
-
other
-
-
-
-
health
800
-
3 222
-
pensions
2 088
-
8 429
-
income
5 249
-
76 007
-
total
10 419
-
109 555
-
Employer
31 312
-
218 899
-
other
-
-
-
-
pensions
4 174
-
16 846
-
unemployment
992
-
4 005
-
health
1 425
-
5 750
-
total
6 591
-
26 601
-
Corporate
207 597
245 500
-
-
income
53 976
63 830
-
-
total
53 976
63 830
-
-
Dividends
153 621
181 670
-
-
withholding
23 043
27 251
-
-
total
23 043
27 251
-
-
Income
245 500
245 500
245 500
245 500
Total tax
94 029
91 081
136 156
130 367
After tax
151 471
154 419
109 344
115 133
Living cost
20 894
20 894
20 894
20 894
Free-cash
130 577
133 525
88 450
94 239

Estimated living cost  is ₽20894 per week

₽12776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5709
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115532
₽109388
₽92383
₽114153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
78 829
pensions
-
-
-
10 003
total
-
-
-
88 832
Employee
59 007
-
213 704
-
health
857
-
2 781
-
pensions
5 008
-
11 708
-
income
10 628
-
64 316
-
total
16 493
-
78 805
-
Employer
59 007
-
213 704
-
pensions
6 388
-
27 737
-
health
1 121
-
4 060
-
total
7 509
-
31 797
-
Corporate
178 984
245 500
-
-
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.

34 008
46 645
-
-
total
34 008
46 645
-
-
Dividends
144 976
198 855
-
-
withholding
29 443
46 952
-
-
total
29 443
46 952
-
-
Income
245 500
245 500
245 500
245 500
Total tax
87 453
93 597
110 602
88 832
After tax
158 047
151 903
134 898
156 668
Living cost
42 515
42 515
42 515
42 515
Free-cash
115 532
109 388
92 383
114 153

Estimated living cost  is ₽42515 per week

₽31852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽69352
₽37261
₽110354
₽117791
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
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.

-
-
-
4 910
city
-
-
-
2 587
regional
-
-
-
14 505
pensions
-
-
-
22 586
national
-
-
-
7 568
health
-
-
-
553
total
-
-
-
52 709
Employee
87 769
-
221 572
-
national
415
-
6 215
-
unemployment
-
-
-
-
city
942
-
2 404
-
regional
2 874
-
12 977
-
health
198
-
499
-
pensions
7 374
-
16 560
-
total
11 803
-
38 655
-
Employer
87 769
-
221 572
-
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.

1 755
-
4 432
-
pensions
7 374
-
16 560
-
unemployment
-
-
-
-
health
198
-
499
-
total
9 327
-
21 491
-
Corporate
147 439
245 500
-
-
regional
31 183
51 923
-
-
national
12 532
20 867
-
-
total
43 715
72 790
-
-
Dividends
103 724
172 710
-
-
withholding
36 303
60 449
-
-
total
36 303
60 449
-
-
Income
245 500
245 500
245 500
245 500
Total tax
101 148
133 239
60 146
52 709
After tax
144 352
112 261
185 354
192 791
Living cost
75 000
75 000
75 000
75 000
Free-cash
69 352
37 261
110 354
117 791

Estimated living cost  is ₽75000 per week

₽48771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽921
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽93143
₽77791
₽106385
₽71830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
245 500
trade
-
-
-
34 554
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.

-
-
-
84 616
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.

-
-
-
6 469
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.

-
-
-
4 654
total
-
-
-
130 293
Employee

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

56 905
-
245 500
-
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.

368
-
4 654
-
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.

6 469
-
6 469
-
income

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

6 692
-
84 616
-
total
13 529
-
95 739
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
188 595
245 500
-
-
trade
32 343
42 104
-
-
income
28 290
36 825
-
-
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.

1 556
2 025
-
-
chamber of commerce
410
489
-
-
total
62 599
81 443
-
-
Dividends
125 996
164 057
-
-
withholding
31 140
40 654
-
-
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.

1 712
2 235
-
-
total
32 852
42 889
-
-
Income
245 500
245 500
245 500
245 500
Total tax
108 980
124 332
95 739
130 293
After tax
136 520
121 168
149 761
115 207
Living cost
43 376
43 376
43 376
43 376
Free-cash
93 143
77 791
106 385
71 830

Estimated living cost  is ₽43376 per week

₽31680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3470
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7664
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96929
₽91334
₽89875
₽99129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
other
-
-
-
7 610
social contributions
-
-
-
6 995
income
-
-
-
50 259
pensions
-
-
-
36 274
health
-
-
-
12 837
surtax
-
-
-
-
total
-
-
-
113 975
Employee
40 525
-
185 839
-
surtax
-
-
-
-
pensions
4 582
-
14 650
-
social contributions
1 155
-
5 295
-
income
2 392
-
43 623
-
total
8 129
-
63 568
-
Employer
40 525
-
185 839
-
other
1 398
-
7 986
-
pensions
6 657
-
24 353
-
unemployment
1 641
-
7 527
-
social contributions
122
-
557
-
health
2 837
-
19 238
-
total
12 655
-
59 661
-
Corporate
192 320
245 500
-
-
income
53 850
68 741
-
-
surtax
-
-
-
-
total
53 850
68 741
-
-
Dividends
138 470
176 759
-
-
withholding
17 724
22 626
-
-
social contributions
23 817
30 403
-
-
surtax
-
-
-
-
total
41 541
53 029
-
-
Income
245 500
245 500
245 500
245 500
Total tax
116 175
121 770
123 229
113 975
After tax
129 325
123 730
122 271
131 525
Living cost
32 396
32 396
32 396
32 396
Free-cash
96 929
91 334
89 875
99 129

Estimated living cost  is ₽32396 per week

₽20427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99807
₽94544
₽93085
₽102339
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
other
-
-
-
7 610
social contributions
-
-
-
6 995
income
-
-
-
50 259
pensions
-
-
-
36 274
health
-
-
-
12 837
surtax
-
-
-
-
total
-
-
-
113 975
Employee
36 174
-
185 839
-
surtax
-
-
-
-
pensions
4 091
-
14 650
-
social contributions
1 031
-
5 295
-
income
1 865
-
43 623
-
total
6 987
-
63 568
-
Employer
36 174
-
185 839
-
other
1 249
-
7 986
-
pensions
5 944
-
24 353
-
unemployment
1 464
-
7 527
-
social contributions
108
-
557
-
health
2 532
-
19 238
-
total
11 297
-
59 661
-
Corporate
198 029
245 500
-
-
income
55 448
68 741
-
-
surtax
-
-
-
-
total
55 448
68 741
-
-
Dividends
142 582
176 759
-
-
withholding
18 251
22 626
-
-
social contributions
24 524
30 403
-
-
surtax
-
-
-
-
total
42 775
53 029
-
-
Income
245 500
245 500
245 500
245 500
Total tax
116 507
121 770
123 229
113 975
After tax
128 993
123 730
122 271
131 525
Living cost
29 186
29 186
29 186
29 186
Free-cash
99 807
94 544
93 085
102 339

Estimated living cost  is ₽29186 per week

₽16926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2965
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.
₽8742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130192
₽129700
₽70535
₽137580
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
social contributions
-
-
-
33 880
income
-
-
-
36 825
health
-
-
-
17 137
total
-
-
-
87 842
Employee
32 104
-
245 500
-
health
2 241
-
17 137
-
social contributions
4 431
-
33 880
-
income
5 355
-
103 870
-
total
12 027
-
154 887
-
Employer
32 104
-
245 500
-
total
-
-
-
-
Corporate
213 396
245 500
-
-
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%.

10 670
12 274
-
-
total
10 670
12 274
-
-
Dividends
202 726
233 226
-
-
health
14 150
16 280
-
-
withholding
30 408
34 983
-
-
social contributions
27 975
32 185
-
-
total
72 533
83 448
-
-
Income
245 500
245 500
245 500
245 500
Total tax
95 230
95 722
154 887
87 842
After tax
150 270
149 778
90 613
157 658
Living cost
20 078
20 078
20 078
20 078
Free-cash
130 192
129 700
70 535
137 580

Estimated living cost  is ₽20078 per week

₽13437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100251
₽101719
₽30160
₽91873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
chamber of commerce
-
-
-
983
unemployment
-
-
-
5 807
income
-
-
-
84 361
pensions
-
-
-
20 464
health
-
-
-
8 461
surtax
-
-
-
187
total
-
-
-
120 263
Employee
47 320
37 734
206 479
-
unemployment
1 420
1 132
3 319
-
other
473
377
1 107
-
health
1 831
1 461
4 280
-
pensions
4 846
3 863
11 327
-
income
5 387
2 783
72 200
-
total
13 957
9 616
92 233
-
Employer
47 320
37 734
206 479
-
payroll
1 420
1 132
6 194
-
other
2 248
1 791
8 993
-
accident
615
491
1 437
-
pensions
5 939
4 737
13 883
-
unemployment
1 420
1 132
3 319
-
chamber of commerce
189
151
827
-
surtax
187
187
187
-
health
1 788
1 427
4 181
-
total
13 806
11 048
39 021
-
Corporate
184 376
196 719
202 886
-
income

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

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

46 095
49 180
50 722
-
total
46 095
49 180
50 722
-
Dividends
138 281
147 539
-
-
withholding
38 027
40 573
-
-
total
38 027
40 573
-
-
Income
245 500
245 500
245 500
245 500
Total tax
111 885
110 417
181 976
120 263
After tax
133 615
135 083
63 524
125 237
Living cost
33 364
33 364
33 364
33 364
Free-cash
100 251
101 719
30 160
91 873

Estimated living cost  is ₽33364 per week

₽22252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88414
₽98385
₽47515
₽72418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
social contributions
-
-
-
23 607
national
-
-
-
101 638
communal

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

-
-
-
13 313
total
-
-
-
138 558
Employee

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

67 730
-
190 150
-
national
20 823
-
73 339
-
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.

589
-
1 655
-
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.

3 182
-
8 938
-
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.

5 080
-
14 262
-
communal

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

3 533
-
9 917
-
total
33 207
-
108 111
-
Employer

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

67 730
-
190 150
-
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.

880
-
2 471
-
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.

6 002
-
16 847
-
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.

988
-
2 776
-
surtax
7 680
-
21 562
-
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.

4 165
-
11 694
-
total
19 715
-
55 350
-
Corporate
158 055
245 500
-
-
income
31 610
55 023
-
-
surtax
632
1 100
-
-
total
32 242
56 123
-
-
Dividends
125 812
189 377
-
-
withholding

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

37 398
56 468
-
-
total
37 398
56 468
-
-
Income
245 500
245 500
245 500
245 500
Total tax
122 562
112 591
163 461
138 558
After tax
122 938
132 909
82 039
106 942
Living cost
34 524
34 524
34 524
34 524
Free-cash
88 414
98 385
47 515
72 418

Estimated living cost  is ₽34524 per week

₽22238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122009
₽128497
₽98725
₽102698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
other
-
-
-
88
unemployment
-
-
-
615
income
-
-
-
82 277
pensions
-
-
-
24 836
accident
-
-
-
791
total
-
-
-
108 607
Employee
47 133
-
217 521
-
unemployment
731
-
1 360
-
other
47
-
88
-
pensions
2 216
-
4 126
-
income
9 945
-
79 027
-
total
12 939
-
84 601
-
Employer
47 133
-
217 521
-
other
376
-
703
-
accident
933
-
1 738
-
pensions
11 123
-
20 712
-
unemployment
2 593
-
4 826
-
total
15 025
-
27 979
-
Corporate
183 344
245 500
-
-
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.

27 501
36 825
-
-
total
27 501
36 825
-
-
Dividends
155 843
208 675
-
-
withholding
33 831
45 983
-
-
total
33 831
45 983
-
-
Income
245 500
245 500
245 500
245 500
Total tax
89 296
82 808
112 580
108 607
After tax
156 204
162 692
132 920
136 893
Living cost
34 195
34 195
34 195
34 195
Free-cash
122 009
128 497
98 725
102 698

Estimated living cost  is ₽34195 per week

₽25181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71700
₽84725
₽70773
₽63770
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
51 055
pensions
-
-
-
33 565
accident
-
-
-
1 889
communal
-
-
-
15 516
health
-
-
-
15 733
surtax
-
-
-
12 515
total
-
-
-
130 273
Employee
71 706
-
219 295
-
surtax
4 395
-
13 439
-
health
3 191
-
9 759
-
pensions
5 736
-
17 543
-
income
6 926
-
56 325
-
total
20 248
-
97 066
-
Employer
71 706
-
219 295
-
accident
645
-
1 973
-
pensions
5 736
-
17 543
-
health
2 187
-
6 688
-
total
8 568
-
26 204
-
Corporate
165 227
245 500
-
-
income
24 784
36 825
-
-
communal
11 153
16 571
-
-
surtax
1 736
2 578
-
-
total
37 673
55 974
-
-
Dividends
127 554
189 526
-
-
withholding
19 133
28 428
-
-
income
36 721
24 916
-
-
total
55 854
53 344
-
-
Income
245 500
245 500
245 500
245 500
Total tax
122 343
109 318
123 270
130 273
After tax
123 157
136 182
122 230
115 227
Living cost
51 457
51 457
51 457
51 457
Free-cash
71 700
84 725
70 773
63 770

Estimated living cost  is ₽51457 per week

₽38600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130140
₽133151
₽88076
₽93865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
other
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
81 671
pensions
-
-
-
25 275
health
-
-
-
8 972
surtax
-
-
-
14 233
total
-
-
-
130 367
Employee
31 887
-
218 899
-
surtax
113
-
13 101
-
unemployment
2 219
-
8 796
-
other
-
-
-
-
health
814
-
3 222
-
pensions
2 127
-
8 429
-
income
5 346
-
76 007
-
total
10 619
-
109 555
-
Employer
31 887
-
218 899
-
other
-
-
-
-
pensions
4 251
-
16 846
-
unemployment
1 012
-
4 005
-
health
1 450
-
5 750
-
total
6 713
-
26 601
-
Corporate
206 900
245 500
-
-
income
53 794
63 830
-
-
total
53 794
63 830
-
-
Dividends
153 105
181 670
-
-
withholding
22 966
27 251
-
-
total
22 966
27 251
-
-
Income
245 500
245 500
245 500
245 500
Total tax
94 092
91 081
136 156
130 367
After tax
151 408
154 419
109 344
115 133
Living cost
21 268
21 268
21 268
21 268
Free-cash
130 140
133 151
88 076
93 865

Estimated living cost  is ₽21268 per week

₽12840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101429
₽103533
₽86098
₽94081
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
regional
-
-
-
4 022
social contributions
-
-
-
47 390
municipal
-
-
-
1 585
national
-
-
-
72 915
total
-
-
-
125 912
Employee
52 524
-
245 500
-
national
8 321
-
66 577
-
regional
707
-
3 722
-
municipal
279
-
1 466
-
social contributions
17 712
-
62 130
-
total
27 019
-
133 895
-
Employer
52 524
-
245 500
-
total
-
-
-
-
Corporate
192 976
245 500
-
-
nationa
46 314
58 921
-
-
municipal
9 592
12 201
-
-
total
55 906
71 122
-
-
Dividends
137 070
174 378
-
-
withholding
35 639
45 338
-
-
total
35 639
45 338
-
-
Income
245 500
245 500
245 500
245 500
Total tax
118 564
116 460
133 895
125 912
After tax
126 936
129 040
111 605
119 588
Living cost
25 507
25 507
25 507
25 507
Free-cash
101 429
103 533
86 098
94 081

Estimated living cost  is ₽25507 per week

₽15863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129538
₽139921
₽107089
₽118171
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
social contributions
-
-
-
33 988
income
-
-
-
26 755
health
-
-
-
33 142
solidarity contribution
-
-
-
4 338
total
-
-
-
98 223
Employee
42 803
-
198 532
-
solidarity contribution
-
-
3 344
-
health
5 778
-
26 802
-
social contributions
2 782
-
7 566
-
income
5 136
-
24 625
-
total
13 696
-
62 337
-
Employer
42 803
-
198 532
-
social contributions
10 701
-
29 100
-
health
3 852
-
17 868
-
total
14 553
-
46 968
-
Corporate
188 144
245 500
-
-
income
35 747
46 645
-
-
total
35 747
46 645
-
-
Dividends
152 397
198 855
-
-
withholding
22 860
29 828
-
-
total
22 860
29 828
-
-
Income
245 500
245 500
245 500
245 500
Total tax
86 856
76 473
109 305
98 223
After tax
158 644
169 027
136 195
147 277
Living cost
29 106
29 106
29 106
29 106
Free-cash
129 538
139 921
107 089
118 171

Estimated living cost  is ₽29106 per week

₽21645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104507
₽104977
₽33361
₽95216
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
chamber of commerce
-
-
-
983
unemployment
-
-
-
5 807
income
-
-
-
84 361
pensions
-
-
-
20 464
health
-
-
-
8 461
surtax
-
-
-
-
total
-
-
-
120 076
Employee
41 390
37 734
206 655
-
unemployment
1 242
1 132
3 319
-
other
413
377
1 107
-
health
1 601
1 461
4 280
-
pensions
4 239
3 863
11 327
-
income
3 687
2 783
72 288
-
total
11 182
9 616
92 321
-
Employer
41 390
37 734
206 655
-
payroll
1 242
1 132
6 199
-
other
1 966
1 791
8 999
-
accident
537
491
1 437
-
pensions
5 195
4 737
13 883
-
unemployment
1 242
1 132
3 319
-
chamber of commerce
165
151
827
-
surtax
-
-
-
-
health
1 565
1 427
4 181
-
total
11 912
10 861
38 845
-
Corporate
192 198
196 906
203 062
-
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.

48 050
49 227
50 765
-
total
48 050
49 227
50 765
-
Dividends
144 148
147 679
-
-
withholding
39 641
40 611
-
-
total
39 641
40 611
-
-
Income
245 500
245 500
245 500
245 500
Total tax
110 785
110 315
181 931
120 076
After tax
134 715
135 185
63 569
125 424
Living cost
30 208
30 208
30 208
30 208
Free-cash
104 507
104 977
33 361
95 216

Estimated living cost  is ₽30208 per week

₽18121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3085
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8463
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽219245
₽221452
₽184627
₽231272
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
245 500
microenterprise

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

-
-
-
2 455
total
-
-
-
2 455
Employee
14 716
-
245 500
-
income
2 943
-
49 100
-
total
2 943
-
49 100
-
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%.

230 784
245 500
-
-
total
-
-
-
-
Dividends
230 784
245 500
-
-
withholding
11 539
12 275
-
-
total
11 539
12 275
-
-
Income
245 500
245 500
245 500
245 500
Total tax
14 482
12 275
49 100
2 455
After tax
231 018
233 225
196 400
243 045
Living cost
11 773
11 773
11 773
11 773
Free-cash
219 245
221 452
184 627
231 272

Estimated living cost  is ₽11773 per week

₽7967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135711
₽143630
₽79822
₽85153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
245 500
unemployment
-
-
-
368
income
-
-
-
65 590
pensions
-
-
-
44 835
health
-
-
-
24 157
total
-
-
-
134 950
Employee

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

41 871
-
212 425
-
unemployment
59
-
298
-
health
2 704
-
13 723
-
pensions
6 490
-
32 926
-
income
7 221
-
60 260
-
total
16 474
-
107 207
-
Employer

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

41 871
-
212 425
-
pensions
3 705
-
18 799
-
unemployment
25
-
128
-
health
2 789
-
14 147
-
total
6 519
-
33 074
-
Corporate
197 110
245 500
-
-
income
37 450
46 645
-
-
total
37 450
46 645
-
-
Dividends
159 660
198 855
-
-
withholding
23 949
29 828
-
-
total
23 949
29 828
-
-
Income
245 500
245 500
245 500
245 500
Total tax
84 392
76 473
140 281
134 950
After tax
161 108
169 027
105 219
110 550
Living cost
25 397
25 397
25 397
25 397
Free-cash
135 711
143 630
79 822
85 153

Estimated living cost  is ₽25397 per week

₽17430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64201
₽108855
₽192643
₽129153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
social contributions
-
-
-
27 987
income
-
-
-
47 853
total
-
-
-
75 840
Employee
58 081
-
-
-
social contributions
4 763
-
679
-
income
12 812
-
-
-
total
17 575
-
679
-
Employer
58 081
-
-
-
social contributions
81 894
-
11 671
-
total
81 894
-
11 671
-
Corporate
105 524
245 500
-
-
income
23 215
54 010
-
-
total
23 215
54 010
-
-
Dividends
82 309
191 490
-
-
income
18 108
42 128
-
-
total
18 108
42 128
-
-
Income
245 500
245 500
245 500
245 500
Total tax
140 792
96 138
12 350
75 840
After tax
104 708
149 362
233 150
169 660
Living cost
40 507
40 507
40 507
40 507
Free-cash
64 201
108 855
192 643
129 153

Estimated living cost  is ₽40507 per week

₽26282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108988
₽109939
₽76342
₽96727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
245 500
social contributions

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

-
-
-
85 311
income
-
-
-
33 762
surtax
-
-
-
-
total
-
-
-
119 073
Employee
43 549
-
198 385
-
surtax
-
-
821
-
social contributions
4 790
-
21 823
-
income
9 058
-
69 699
-
total
13 848
-
92 343
-
Employer
43 549
-
198 385
-
social contributions
10 343
-
47 115
-
total
10 343
-
47 115
-
Corporate
191 609
245 500
-
-
income
40 237
51 556
-
-
surtax
-
-
-
-
total
40 237
51 556
-
-
Dividends
151 372
193 944
-
-
withholding
42 384
54 305
-
-
total
42 384
54 305
-
-
Income
245 500
245 500
245 500
245 500
Total tax
106 812
105 861
139 458
119 073
After tax
138 688
139 639
106 042
126 427
Living cost
29 700
29 700
29 700
29 700
Free-cash
108 988
109 939
76 342
96 727

Estimated living cost  is ₽29700 per week

₽22222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84509
₽77998
₽76539
₽85793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
other
-
-
-
7 610
social contributions
-
-
-
6 995
income
-
-
-
50 259
pensions
-
-
-
36 274
health
-
-
-
12 837
surtax
-
-
-
-
total
-
-
-
113 975
Employee
59 304
-
185 839
-
surtax
-
-
-
-
pensions
6 708
-
14 650
-
social contributions
1 689
-
5 295
-
income
5 174
-
43 623
-
total
13 571
-
63 568
-
Employer
59 304
-
185 839
-
other
2 047
-
7 986
-
pensions
9 744
-
24 353
-
unemployment
2 402
-
7 527
-
social contributions
178
-
557
-
health
4 151
-
19 238
-
total
18 522
-
59 661
-
Corporate
167 674
245 500
-
-
income
46 948
68 741
-
-
surtax
-
-
-
-
total
46 948
68 741
-
-
Dividends
120 725
176 759
-
-
withholding
15 453
22 626
-
-
social contributions
20 765
30 403
-
-
surtax
-
-
-
-
total
36 218
53 029
-
-
Income
245 500
245 500
245 500
245 500
Total tax
115 259
121 770
123 229
113 975
After tax
130 241
123 730
122 271
131 525
Living cost
45 732
45 732
45 732
45 732
Free-cash
84 509
77 998
76 539
85 793

Estimated living cost  is ₽45732 per week

₽30951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽189307
₽192487
₽156154
₽149629
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
13 399
social contributions
-
-
-
54 010
total
-
-
-
67 409
Employee
30 441
-
212 555
-
social contributions
1 978
-
13 816
-
income
-
-
14 123
-
total
1 978
-
27 939
-
Employer
30 441
-
212 555
-
social contributions
4 719
-
32 945
-
total
4 719
-
32 945
-
Corporate
210 341
245 500
-
-
income
21 034
24 551
-
-
total
21 034
24 551
-
-
Dividends
189 307
220 949
-
-
total
-
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
27 731
24 551
60 884
67 409
After tax
217 769
220 949
184 616
178 091
Living cost
28 462
28 462
28 462
28 462
Free-cash
189 307
192 487
156 154
149 629

Estimated living cost  is ₽28462 per week

₽18403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19792
₽39442
₽39442
₽94684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
pensions
-
-
-
820
municipal
-
-
-
53 482
labour market
-
-
-
19 575
national
-
-
-
31 392
total
-
-
-
105 269
Employee
192 245
192 245
192 245
-
national
23 486
23 486
23 486
-
municipal
40 937
40 937
40 937
-
labour market
15 358
15 358
15 358
-
pensions
273
273
273
-
total
80 054
80 054
80 054
-
Employer
192 245
192 245
192 245
-
municipal
41 003
41 003
41 003
-
pensions
547
547
547
-
national
23 527
23 527
23 527
-
labour market
15 380
15 380
15 380
-
total
80 457
80 457
80 457
-
Corporate
39 442
-
-
-
income
8 677
-
-
-
total
8 677
-
-
-
Dividends
30 765
-
-
-
withholding
10 973
-
-
-
total
10 973
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
180 161
160 511
160 511
105 269
After tax
65 339
84 989
84 989
140 231
Living cost
45 548
45 548
45 548
45 548
Free-cash
19 792
39 442
39 442
94 684

Estimated living cost  is ₽45548 per week

₽31173
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽700
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16677
-₽1034
₽115084
₽146632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
other
-
-
-
358
income
-
-
-
71 226
pensions
-
-
-
4 016
accident
-
-
-
244
health
-
-
-
2 105
total
-
-
-
77 949
Employee
32 907
-
225 573
-
health
3 768
-
25 828
-
pensions
3 706
-
7 363
-
income
4 515
-
56 379
-
total
11 989
-
89 570
-
Employer
32 907
-
225 573
-
accident
549
-
3 767
-
pensions
5 351
-
10 633
-
unemployment
806
-
5 527
-
total
6 706
-
19 927
-
Corporate
205 886
245 500
-
-
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.

185 297
220 950
-
-
total
185 297
220 950
-
-
Dividends
20 589
24 550
-
-
withholding
3 912
4 665
-
-
total
3 912
4 665
-
-
Income
245 500
245 500
245 500
245 500
Total tax
207 904
225 615
109 497
77 949
After tax
37 596
19 885
136 003
167 551
Living cost
20 919
20 919
20 919
20 919
Free-cash
16 677
-1 034
115 084
146 632

Estimated living cost  is ₽20919 per week

₽15227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115519
₽111538
₽82435
₽110555
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
245 500
municipal
-
-
-
43 581
national
-
-
-
51 626
health
-
-
-
3 385
total
-
-
-
98 592
Employee
49 817
-
206 528
-
national
823
-
34 310
-
unemployment
747
-
3 098
-
health
372
-
2 785
-
municipal
8 160
-
33 607
-
pensions
3 362
-
13 940
-
total
13 464
-
87 740
-
Employer
49 817
-
206 528
-
accident
50
-
207
-
pensions
8 643
-
35 833
-
unemployment
323
-
1 342
-
health
383
-
1 590
-
total
9 399
-
38 972
-
Corporate
186 284
245 500
-
-
income
37 256
49 099
-
-
total
37 256
49 099
-
-
Dividends

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

111 771
147 301
-
-
municipal
20 119
26 514
-
-
national
13 390
21 996
-
-
total
33 509
48 510
-
-
Income
245 500
245 500
245 500
245 500
Total tax
93 628
97 609
126 712
98 592
After tax
151 872
147 891
118 788
146 908
Living cost
36 353
36 353
36 353
36 353
Free-cash
115 519
111 538
82 435
110 555

Estimated living cost  is ₽36353 per week

₽23746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151761
₽156915
₽139988
₽141935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
social contributions
-
-
-
15 320
income
-
-
-
60 062
health
-
-
-
6 260
total
-
-
-
81 642
Employee
72 810
72 810
233 039
-
health
564
1 238
3 962
-
social contributions
2 753
6 043
8 151
-
income
7 928
6 740
59 014
-
total
11 245
14 021
71 127
-
Employer
72 810
72 810
233 039
-
social contributions
2 753
6 043
8 151
-
health
613
1 348
4 311
-
total
3 366
7 391
12 462
-
Corporate
208 967
165 300
-
-
income
26 121
20 662
-
-
total
26 121
20 662
-
-
Dividends
182 846
144 638
-
-
withholding
31 084
24 588
-
-
total
31 084
24 588
-
-
Income
245 500
245 500
245 500
245 500
Total tax
71 816
66 662
83 589
81 642
After tax
173 684
178 838
161 911
163 858
Living cost
21 923
21 923
21 923
21 923
Free-cash
151 761
156 915
139 988
141 935

Estimated living cost  is ₽21923 per week

₽13139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2151
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.
₽6149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽183448
₽188266
₽176372
₽195361
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245 500
unemployment
-
-
-
27
income
-
-
-
25 629
pensions
-
-
-
6 023
health
-
-
-
3 427
total
-
-
-
35 106
Employee

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

21 734
-
236 246
-
unemployment
108
-
449
-
health
1 847
-
7 637
-
pensions
3 260
-
13 476
-
income
1 486
-
23 280
-
total
6 701
-
44 842
-
Employer

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

21 734
-
236 246
-
pensions
1 195
-
4 941
-
unemployment
108
-
449
-
health
934
-
3 863
-
total
2 237
-
9 253
-
Corporate
221 529
245 500
-
-
income
19 938
22 094
-
-
total
19 938
22 094
-
-
Dividends
201 591
223 406
-
-
withholding
18 143
20 107
-
-
total
18 143
20 107
-
-
Income
245 500
245 500
245 500
245 500
Total tax
47 019
42 201
54 095
35 106
After tax
198 481
203 299
191 405
210 394
Living cost
15 033
15 033
15 033
15 033
Free-cash
183 448
188 266
176 372
195 361

Estimated living cost  is ₽15033 per week

₽9592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132471
₽136654
₽106882
₽110855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
other
-
-
-
88
unemployment
-
-
-
615
income
-
-
-
82 277
pensions
-
-
-
24 836
accident
-
-
-
791
total
-
-
-
108 607
Employee
35 011
-
217 521
-
unemployment
543
-
1 360
-
other
34
-
88
-
pensions
1 646
-
4 126
-
income
6 750
-
79 027
-
total
8 973
-
84 601
-
Employer
35 011
-
217 521
-
other
280
-
703
-
accident
694
-
1 738
-
pensions
8 262
-
20 712
-
unemployment
1 926
-
4 826
-
total
11 162
-
27 979
-
Corporate
199 327
245 500
-
-
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.

29 900
36 825
-
-
total
29 900
36 825
-
-
Dividends
169 427
208 675
-
-
withholding
36 956
45 983
-
-
total
36 956
45 983
-
-
Income
245 500
245 500
245 500
245 500
Total tax
86 991
82 808
112 580
108 607
After tax
158 509
162 692
132 920
136 893
Living cost
26 038
26 038
26 038
26 038
Free-cash
132 471
136 654
106 882
110 855

Estimated living cost  is ₽26038 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2503
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.
₽5504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151100
₽151395
₽156594
₽156723
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
84 719
pensions
-
-
-
1 311
health
-
-
-
950
total
-
-
-
86 980
Employee
2 738
-
244 025
-
unemployment
27
-
66
-
health
137
-
328
-
pensions
246
-
590
-
income
530
-
84 650
-
total
940
-
85 634
-
Employer
2 738
-
244 025
-
pensions
301
-
721
-
unemployment
55
-
131
-
health
260
-
623
-
total
616
-
1 475
-
Corporate
242 147
245 500
-
-
income
53 272
54 010
-
-
total
53 272
54 010
-
-
Dividends
188 874
191 490
-
-
withholding
37 775
38 298
-
-
total
37 775
38 298
-
-
Income
245 500
245 500
245 500
245 500
Total tax
92 603
92 308
87 109
86 980
After tax
152 897
153 192
158 391
158 520
Living cost
1 797
1 797
1 797
1 797
Free-cash
151 100
151 395
156 594
156 723

Estimated living cost  is ₽1797 per week

₽1068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156377
₽161028
₽145324
₽145322
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
245 500
unemployment
-
-
-
1 048
income
-
-
-
57 427
pensions
-
-
-
18 162
health
-
-
-
7 195
total
-
-
-
83 832
Employee

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

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

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

24 649
-
232 996
-
unemployment
185
-
524
-
health
1 269
-
3 597
-
pensions
3 451
-
9 779
-
income
3 398
-
57 427
-
total
8 303
-
71 327
-
Employer

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

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

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

24 649
-
232 996
-
pensions
2 958
-
8 382
-
unemployment
185
-
524
-
health
1 269
-
3 597
-
total
4 412
-
12 503
-
Corporate
216 439
245 500
-
-
income
32 466
36 825
-
-
total
32 466
36 825
-
-
Dividends
183 973
208 675
-
-
withholding
27 596
31 301
-
-
total
27 596
31 301
-
-
Income
245 500
245 500
245 500
245 500
Total tax
72 777
68 126
83 830
83 832
After tax
172 723
177 374
161 670
161 668
Living cost
16 346
16 346
16 346
16 346
Free-cash
156 377
161 028
145 324
145 322

Estimated living cost  is ₽16346 per week

₽11006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1264
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.
₽3603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113773
₽114112
₽80515
₽100900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
245 500
social contributions

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

-
-
-
85 311
income
-
-
-
33 762
surtax
-
-
-
-
total
-
-
-
119 073
Employee
36 750
-
198 385
-
surtax
-
-
821
-
social contributions
4 043
-
21 823
-
income
7 181
-
69 699
-
total
11 224
-
92 343
-
Employer
36 750
-
198 385
-
social contributions
8 727
-
47 115
-
total
8 727
-
47 115
-
Corporate
200 023
245 500
-
-
income
42 005
51 556
-
-
surtax
-
-
-
-
total
42 005
51 556
-
-
Dividends
158 017
193 944
-
-
withholding
44 244
54 305
-
-
total
44 244
54 305
-
-
Income
245 500
245 500
245 500
245 500
Total tax
106 200
105 861
139 458
119 073
After tax
139 300
139 639
106 042
126 427
Living cost
25 527
25 527
25 527
25 527
Free-cash
113 773
114 112
80 515
100 900

Estimated living cost  is ₽25527 per week

₽18080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123218
₽129415
₽99643
₽103616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
other
-
-
-
88
unemployment
-
-
-
615
income
-
-
-
82 277
pensions
-
-
-
24 836
accident
-
-
-
791
total
-
-
-
108 607
Employee
45 729
-
217 521
-
unemployment
708
-
1 360
-
other
45
-
88
-
pensions
2 149
-
4 126
-
income
9 551
-
79 027
-
total
12 453
-
84 601
-
Employer
45 729
-
217 521
-
other
367
-
703
-
accident
906
-
1 738
-
pensions
10 792
-
20 712
-
unemployment
2 516
-
4 826
-
total
14 581
-
27 979
-
Corporate
185 191
245 500
-
-
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.

27 779
36 825
-
-
total
27 779
36 825
-
-
Dividends
157 411
208 675
-
-
withholding
34 192
45 983
-
-
total
34 192
45 983
-
-
Income
245 500
245 500
245 500
245 500
Total tax
89 005
82 808
112 580
108 607
After tax
156 495
162 692
132 920
136 893
Living cost
33 277
33 277
33 277
33 277
Free-cash
123 218
129 415
99 643
103 616

Estimated living cost  is ₽33277 per week

₽23898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6323
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽187834
₽193607
₽194021
₽183546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
unemployment
-
-
-
132
income
-
-
-
36 825
pensions

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

-
-
-
4 897
health
-
-
-
3 805
total
-
-
-
45 659
Employee
21 577
-
239 008
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
health
993
-
1 522
-
pensions

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

1 894
-
2 905
-
income
2 158
-
23 901
-
total
5 282
-
28 692
-
Employer
21 577
-
239 008
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

2 378
-
3 646
-
unemployment
130
-
199
-
health
1 489
-
2 283
-
total
4 234
-
6 492
-
Corporate
219 689
245 500
-
-
income
21 969
24 550
-
-
total
21 969
24 550
-
-
Dividends
197 720
220 950
-
-
withholding
9 886
11 048
-
-
total
9 886
11 048
-
-
Income
245 500
245 500
245 500
245 500
Total tax
41 371
35 598
35 184
45 659
After tax
204 129
209 902
210 316
199 841
Living cost
16 295
16 295
16 295
16 295
Free-cash
187 834
193 607
194 021
183 546

Estimated living cost  is ₽16295 per week

₽10778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽102046
₽89661
₽113205
₽84294
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
245 500
trade
-
-
-
28 911
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.

-
-
-
84 616
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.

-
-
-
6 469
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.

-
-
-
4 654
total
-
-
-
124 650
Employee

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

47 113
-
245 500
-
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.

214
-
4 654
-
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.

6 469
-
6 469
-
income

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

3 874
-
84 616
-
total
10 557
-
95 739
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
198 387
245 500
-
-
trade
28 469
35 229
-
-
income
29 758
36 825
-
-
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.

1 637
2 025
-
-
chamber of commerce
435
503
-
-
total
60 299
74 582
-
-
Dividends
138 088
170 918
-
-
withholding
34 162
42 370
-
-
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.

1 880
2 331
-
-
total
36 042
44 701
-
-
Income
245 500
245 500
245 500
245 500
Total tax
106 898
119 283
95 739
124 650
After tax
138 602
126 217
149 761
120 850
Living cost
36 556
36 556
36 556
36 556
Free-cash
102 046
89 661
113 205
84 294

Estimated living cost  is ₽36556 per week

₽25217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120004
₽117912
₽66231
₽66231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
social contributions
-
-
-
42 781
income
-
-
-
82 550
total
-
-
-
125 331
Employee
74 066
-
245 500
-
social contributions
6 153
-
42 781
-
income
13 976
-
82 550
-
total
20 129
-
125 331
-
Employer
74 066
-
245 500
-
total
-
-
-
-
Corporate
171 434
245 500
-
-
income
21 429
30 687
-
-
total
21 429
30 687
-
-
Dividends
150 004
214 813
-
-
withholding
30 000
42 963
-
-
total
30 000
42 963
-
-
Income
245 500
245 500
245 500
245 500
Total tax
71 558
73 650
125 331
125 331
After tax
173 942
171 850
120 169
120 169
Living cost
53 938
53 938
53 938
53 938
Free-cash
120 004
117 912
66 231
66 231

Estimated living cost  is ₽53938 per week

₽41035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123510
₽120200
₽135379
₽168539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
245 500
health

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

-
-
-
5 764
income
-
-
-
36 825
total
-
-
-
42 589
Employee
43 437
-
241 144
-
social contributions
4 352
-
4 356
-
income
4 713
-
67 037
-
total
9 065
-
71 393
-
Employer
43 437
-
241 144
-
social contributions
4 352
-
4 356
-
total
4 352
-
4 356
-
Corporate
197 711
245 500
-
-
income
69 199
85 926
-
-
total
69 199
85 926
-
-
Dividends
128 512
159 574
-
-
social contributions
5 002
5 002
-
-
total
5 002
5 002
-
-
Income
245 500
245 500
245 500
245 500
Total tax
87 618
90 928
75 749
42 589
After tax
157 882
154 572
169 751
202 911
Living cost
34 372
34 372
34 372
34 372
Free-cash
123 510
120 200
135 379
168 539

Estimated living cost  is ₽34372 per week

₽22640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122849
₽117340
₽100335
₽122105
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
78 829
pensions
-
-
-
10 003
total
-
-
-
88 832
Employee
47 443
-
213 704
-
health
619
-
2 781
-
pensions
3 621
-
11 708
-
income
8 640
-
64 316
-
total
12 880
-
78 805
-
Employer
47 443
-
213 704
-
pensions
4 793
-
27 737
-
health
902
-
4 060
-
total
5 695
-
31 797
-
Corporate
192 362
245 500
-
-
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.

36 549
46 645
-
-
total
36 549
46 645
-
-
Dividends
155 814
198 855
-
-
withholding
32 964
46 952
-
-
total
32 964
46 952
-
-
Income
245 500
245 500
245 500
245 500
Total tax
88 088
93 597
110 602
88 832
After tax
157 412
151 903
134 898
156 668
Living cost
34 563
34 563
34 563
34 563
Free-cash
122 849
117 340
100 335
122 105

Estimated living cost  is ₽34563 per week

₽23710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽16359
-₽3105
₽113013
₽144561
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
other
-
-
-
358
income
-
-
-
71 226
pensions
-
-
-
4 016
accident
-
-
-
244
health
-
-
-
2 105
total
-
-
-
77 949
Employee
36 165
-
225 573
-
health
4 141
-
25 828
-
pensions
4 072
-
7 363
-
income
4 962
-
56 379
-
total
13 175
-
89 570
-
Employer
36 165
-
225 573
-
accident
604
-
3 767
-
pensions
5 880
-
10 633
-
unemployment
886
-
5 527
-
total
7 370
-
19 927
-
Corporate
201 965
245 500
-
-
income

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

181 769
220 950
-
-
total
181 769
220 950
-
-
Dividends
20 197
24 550
-
-
withholding
3 837
4 665
-
-
total
3 837
4 665
-
-
Income
245 500
245 500
245 500
245 500
Total tax
206 151
225 615
109 497
77 949
After tax
39 349
19 885
136 003
167 551
Living cost
22 990
22 990
22 990
22 990
Free-cash
16 359
-3 105
113 013
144 561

Estimated living cost  is ₽22990 per week

₽16872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172154
₽175018
₽170223
₽149403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
245 500
unemployment
-
-
-
1 817
income
-
-
-
41 668
pensions
-
-
-
27 861
health insurance
-
-
-
11 205
work injury
-
-
-
757
total
-
-
-
83 308
Employee

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

20 463
-
245 500
-
health insurance
1 514
-
5 602
-
unemployment
246
-
909
-
work injury
102
-
379
-
pensions
3 765
-
13 930
-
income
2 046
-
41 668
-
total
7 673
-
62 488
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
225 037
245 500
-
-
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%.

22 504
24 550
-
-
total
22 504
24 550
-
-
Dividends
202 534
220 950
-
-
withholding
30 380
33 143
-
-
total
30 380
33 143
-
-
Income
245 500
245 500
245 500
245 500
Total tax
60 557
57 693
62 488
83 308
After tax
184 943
187 807
183 012
162 192
Living cost
12 789
12 789
12 789
12 789
Free-cash
172 154
175 018
170 223
149 403

Estimated living cost  is ₽12789 per week

₽7923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87284
₽91592
₽71632
₽79411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
regional
-
-
-
6 281
social contributions
-
-
-
47 390
municipal
-
-
-
1 782
national
-
-
-
72 915
total
-
-
-
128 368
Employee
79 789
-
245 500
-
national
13 484
-
66 577
-
regional
1 205
-
5 790
-
municipal
476
-
1 650
-
social contributions
26 904
-
62 130
-
total
42 069
-
136 147
-
Employer
79 789
-
245 500
-
total
-
-
-
-
Corporate
165 711
245 500
-
-
nationa
39 770
58 921
-
-
municipal
7 987
11 832
-
-
total
47 757
70 753
-
-
Dividends
117 954
174 747
-
-
withholding
30 669
45 434
-
-
total
30 669
45 434
-
-
Income
245 500
245 500
245 500
245 500
Total tax
120 495
116 187
136 147
128 368
After tax
125 005
129 313
109 353
117 132
Living cost
37 721
37 721
37 721
37 721
Free-cash
87 284
91 592
71 632
79 411

Estimated living cost  is ₽37721 per week

₽26497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close