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
₽94868
₽121004
₽89305
₽105395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
84 523
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.

-
-
-
4 648
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.

-
-
-
6 501
trade
-
-
-
31 699
total
-
-
-
127 371
Employee

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

36 398
-
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
-
4 648
-
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.

1 017
-
84 523
-
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.

6 501
-
6 501
-
total
7 574
-
95 672
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
209 102
245 500
-
-
income
31 365
36 826
-
-
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.

1 725
2 026
-
-
chamber of commerce
444
497
-
-
trade
32 934
38 666
-
-
total
66 468
78 015
-
-
Dividends
142 635
167 486
-
-
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.

1 941
2 283
-
-
withholding
35 298
41 510
-
-
total
37 239
43 793
-
-
Income
245 500
245 500
245 500
245 500
Total tax
111 281
121 808
95 672
127 371
After tax
134 219
123 692
149 828
118 129
Living cost
28 824
28 824
28 824
28 824
Free-cash
105 395
94 868
121 004
89 305

Estimated living cost  is ₽28824 per week

₽18131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3361
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102151
₽88753
₽87434
₽101301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
27 377
national
-
-
-
47 549
pensions
-
-
-
29 460
total
-
-
-
107 025
Employee
79 122
-
212 233
-
municipal
9 773
-
28 327
-
pensions
3 165
-
8 489
-
national
15 144
-
49 630
-
total
28 082
-
86 446
-
Employer
79 122
-
212 233
-
pensions
6 330
-
16 979
-
social contributions
851
-
2 281
-
total
7 181
-
19 260
-
Corporate
153 975
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%.

30 795
49 100
-
-
total
30 795
49 100
-
-
Dividends
123 180
196 400
-
-
withholding
27 100
43 208
-
-
total
27 100
43 208
-
-
Income
245 500
245 500
245 500
245 500
Total tax
93 158
92 308
105 706
107 025
After tax
152 342
153 192
139 794
138 475
Living cost
51 041
51 041
51 041
51 041
Free-cash
101 301
102 151
88 753
87 434

Estimated living cost  is ₽51041 per week

₽34692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽764
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176602
₽88593
₽71609
₽168795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
55 029
surtax
-
-
-
62 603
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.

-
-
-
36 461
microenterprise
-
-
-
-
total
-
-
-
154 093
Employee
27 807
-
196 557
-
surtax
-
-
28 500
-
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.

3 059
-
12 475
-
income
4 950
-
47 191
-
total
8 009
-
88 166
-
Employer
27 807
-
196 557
-
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.

6 698
-
27 321
-
surtax
-
-
21 622
-
total
6 698
-
48 943
-
Corporate
210 995
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%.

42 200
49 100
-
-
total
42 200
49 100
-
-
Dividends

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

168 795
196 400
-
-
total
-
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
56 907
49 100
137 109
154 093
After tax
188 593
196 400
108 391
91 407
Living cost
19 798
19 798
19 798
19 798
Free-cash
168 795
176 602
88 593
71 609

Estimated living cost  is ₽19798 per week

₽12630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82839
₽117088
₽90251
₽77010
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
92 499
health
-
-
-
11 735
pensions
-
-
-
11 150
total
-
-
-
115 384
Employee
81 265
81 265
227 815
-
pensions
14 628
11 150
11 150
-
income

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

13 302
13 302
47 978
-
health
12 473
10 610
11 735
-
total
40 403
35 062
70 863
-
Employer
81 265
81 265
227 815
-
health
5 649
5 649
7 019
-
pensions
5 656
5 656
7 030
-
unemployment
2 926
2 926
3 635
-
total
14 231
14 231
17 684
-
Corporate
151 002
150 005
-
-
income
30 200
30 001
-
-
total
30 200
30 001
-
-
Dividends
120 802
120 004
-
-
income
25 671
25 501
-
-
withholding
18 120
18 001
-
-
total
43 791
43 502
-
-
Income
245 500
245 500
245 500
245 500
Total tax
128 625
122 796
88 547
115 384
After tax
116 875
122 704
156 953
130 116
Living cost
39 865
39 865
39 865
39 865
Free-cash
77 010
82 839
117 088
90 251

Estimated living cost  is ₽39865 per week

₽28251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7386
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95247
₽81746
₽82687
₽94375
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
170
other
-
-
-
9 880
unemployment
-
-
-
85
health
-
-
-
5 306
municipal
-
-
-
65 863
national
-
-
-
33 522
pensions
-
-
-
9 191
total
-
-
-
124 017
Employee
55 280
-
218 785
-
municipal
16 485
-
65 242
-
national
-
-
33 001
-
total
16 485
-
98 243
-
Employer
55 280
-
218 785
-
health
3 400
-
5 229
-
pensions
5 976
-
9 191
-
accident
111
-
170
-
unemployment
1 459
-
2 245
-
other
6 424
-
9 880
-
total
17 370
-
26 715
-
Corporate
172 850
245 500
-
-
income
38 027
54 010
-
-
total
38 027
54 010
-
-
Dividends
134 823
191 490
-
-
withholding
40 447
57 447
-
-
total
40 447
57 447
-
-
Income
245 500
245 500
245 500
245 500
Total tax
112 329
111 457
124 958
124 017
After tax
133 171
134 043
120 542
121 483
Living cost
38 796
38 796
38 796
38 796
Free-cash
94 375
95 247
81 746
82 687

Estimated living cost  is ₽38796 per week

₽25712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85047
₽112444
₽79337
₽98419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
84 523
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.

-
-
-
4 648
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.

-
-
-
6 501
trade
-
-
-
33 107
total
-
-
-
128 779
Employee

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

48 259
-
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.

228
-
4 648
-
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.

4 146
-
84 523
-
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.

6 501
-
6 501
-
total
10 875
-
95 672
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
197 241
245 500
-
-
income
29 586
36 826
-
-
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.

1 627
2 026
-
-
chamber of commerce
424
493
-
-
trade
32 446
40 385
-
-
total
64 083
79 730
-
-
Dividends
133 158
165 770
-
-
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.

1 811
2 259
-
-
withholding
32 928
41 080
-
-
total
34 739
43 339
-
-
Income
245 500
245 500
245 500
245 500
Total tax
109 697
123 069
95 672
128 779
After tax
135 803
122 431
149 828
116 721
Living cost
37 384
37 384
37 384
37 384
Free-cash
98 419
85 047
112 444
79 337

Estimated living cost  is ₽37384 per week

₽25002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147976
₽131088
₽133033
₽144029
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
59 943
social contributions
-
-
-
15 397
health
-
-
-
6 261
total
-
-
-
81 601
Employee
73 175
73 175
232 998
-
social contributions
3 556
6 073
8 191
-
income
7 684
6 774
58 893
-
health
728
1 244
3 960
-
total
11 968
14 091
71 044
-
Employer
73 175
73 175
232 998
-
health
793
1 354
4 311
-
social contributions
3 556
6 073
8 191
-
total
4 349
7 427
12 502
-
Corporate
198 318
164 897
-
-
income
24 789
20 612
-
-
total
24 789
20 612
-
-
Dividends
173 529
144 285
-
-
withholding
29 499
24 528
-
-
total
29 499
24 528
-
-
Income
245 500
245 500
245 500
245 500
Total tax
70 605
66 658
83 546
81 601
After tax
174 895
178 842
161 954
163 899
Living cost
30 866
30 866
30 866
30 866
Free-cash
144 029
147 976
131 088
133 033

Estimated living cost  is ₽30866 per week

₽21100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120390
₽124959
₽152713
₽120750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 012
unemployment
-
-
-
3 682
health
-
-
-
17 185
pensions
-
-
-
24 550
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.

25 057
9 972
205 439
-
unemployment
376
150
3 082
-
pensions
2 506
997
20 544
-
income
3 063
1 219
25 115
-
health
1 754
698
14 381
-
total
7 699
3 064
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.

25 057
9 972
205 439
-
pensions
4 886
1 945
40 061
-
total
4 886
1 945
40 061
-
Corporate
215 557
233 583
-
-
income
19 400
21 022
-
-
total
19 400
21 022
-
-
Dividends
196 157
212 561
-
-
social contributions
38 137
41 335
-
-
withholding
37 270
40 386
-
-
total
75 407
81 721
-
-
Income
245 500
245 500
245 500
245 500
Total tax
107 392
107 752
103 183
75 429
After tax
138 108
137 748
142 317
170 071
Living cost
17 358
17 358
17 358
17 358
Free-cash
120 750
120 390
124 959
152 713

Estimated living cost  is ₽17358 per week

₽11846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173415
₽118518
₽108602
₽167501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 898
health
-
-
-
31 915
pensions
-
-
-
49 100
total
-
-
-
113 913
Employee
26 996
-
183 482
-
unemployment
432
-
2 936
-
pensions
540
-
3 670
-
income
3 039
-
35 375
-
total
4 011
-
41 981
-
Employer
26 996
-
183 482
-
health
3 509
-
23 852
-
pensions
5 400
-
36 696
-
unemployment
217
-
1 468
-
total
9 126
-
62 016
-
Corporate
209 379
245 500
-
-
income
41 877
49 100
-
-
total
41 877
49 100
-
-
Dividends
167 502
196 400
-
-
total
-
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
55 014
49 100
103 997
113 913
After tax
190 486
196 400
141 503
131 587
Living cost
22 985
22 985
22 985
22 985
Free-cash
167 501
173 415
118 518
108 602

Estimated living cost  is ₽22985 per week

₽15765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1369
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.
₽5389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1262
₽114878
₽146402
₽16642
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
243
income
-
-
-
71 255
other
-
-
-
356
health
-
-
-
2 096
pensions
-
-
-
4 000
total
-
-
-
77 950
Employee
33 267
-
225 614
-
pensions
3 746
-
7 334
-
income
4 564
-
56 420
-
health
3 809
-
25 833
-
total
12 119
-
89 587
-
Employer
33 267
-
225 614
-
pensions
5 409
-
10 591
-
accident
555
-
3 768
-
unemployment
815
-
5 528
-
total
6 779
-
19 887
-
Corporate
205 453
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.

184 908
220 950
-
-
total
184 908
220 950
-
-
Dividends
20 545
24 550
-
-
withholding
3 904
4 664
-
-
total
3 904
4 664
-
-
Income
245 500
245 500
245 500
245 500
Total tax
207 710
225 614
109 474
77 950
After tax
37 790
19 886
136 026
167 550
Living cost
21 148
21 148
21 148
21 148
Free-cash
16 642
-1 262
114 878
146 402

Estimated living cost  is ₽21148 per week

₽15500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽225410
₽188585
₽235230
₽223945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 768
-
245 500
-
income
1 953
-
49 100
-
total
1 953
-
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%.

235 732
245 500
-
-
total
-
-
-
-
Dividends
235 732
245 500
-
-
withholding
11 787
12 275
-
-
total
11 787
12 275
-
-
Income
245 500
245 500
245 500
245 500
Total tax
13 740
12 275
49 100
2 455
After tax
231 760
233 225
196 400
243 045
Living cost
7 815
7 815
7 815
7 815
Free-cash
223 945
225 410
188 585
235 230

Estimated living cost  is ₽7815 per week

₽4843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155012
₽124860
₽126816
₽148584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 355
other
-
-
-
6 873
health
-
-
-
6 368
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.

-
-
-
34 731
total
-
-
-
93 327
Employee
34 552
-
208 523
-
unemployment
345
-
1 447
-
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.

2 418
-
10 129
-
income
5 949
-
44 703
-
health
484
-
2 026
-
total
9 196
-
58 305
-
Employer
34 552
-
208 523
-
health
484
-
2 026
-
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.

5 875
-
24 602
-
accident
276
-
1 669
-
unemployment
345
-
1 447
-
other
1 728
-
7 234
-
total
8 708
-
36 978
-
Corporate
202 240
245 500
-
-
income
42 471
51 554
-
-
total
42 471
51 554
-
-
Dividends
159 769
193 946
-
-
withholding
11 184
13 577
-
-
total
11 184
13 577
-
-
Income
245 500
245 500
245 500
245 500
Total tax
71 559
65 131
95 283
93 327
After tax
173 941
180 369
150 217
152 173
Living cost
25 357
25 357
25 357
25 357
Free-cash
148 584
155 012
124 860
126 816

Estimated living cost  is ₽25357 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5320
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89076
₽71990
₽93770
₽96668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
78 596
pensions
-
-
-
10 072
total
-
-
-
88 668
Employee
89 223
-
213 723
-
pensions
8 608
-
11 808
-
income
16 083
-
64 076
-
health
1 470
-
2 789
-
total
26 161
-
78 673
-
Employer
89 223
-
213 723
-
health
1 695
-
4 060
-
pensions
10 535
-
27 715
-
total
12 230
-
31 775
-
Corporate
144 047
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.

27 370
46 645
-
-
total
27 370
46 645
-
-
Dividends
116 677
198 855
-
-
withholding
20 009
46 717
-
-
total
20 009
46 717
-
-
Income
245 500
245 500
245 500
245 500
Total tax
85 770
93 362
110 448
88 668
After tax
159 730
152 138
135 052
156 832
Living cost
63 062
63 062
63 062
63 062
Free-cash
96 668
89 076
71 990
93 770

Estimated living cost  is ₽63062 per week

₽47254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽197420
₽197776
₽187311
₽192996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 825
unemployment
-
-
-
133
health
-
-
-
3 825
pensions

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

-
-
-
4 922
total
-
-
-
45 705
Employee
16 530
-
238 975
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
pensions

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

1 451
-
2 920
-
income
1 653
-
23 898
-
health
760
-
1 530
-
total
4 046
-
28 714
-
Employer
16 530
-
238 975
-
health
1 141
-
2 295
-
pensions

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

1 822
-
3 665
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
unemployment
99
-
200
-
total
3 244
-
6 526
-
Corporate
225 727
245 500
-
-
income
22 573
24 550
-
-
total
22 573
24 550
-
-
Dividends
203 154
220 950
-
-
withholding
10 157
11 047
-
-
total
10 157
11 047
-
-
Income
245 500
245 500
245 500
245 500
Total tax
40 020
35 597
35 240
45 705
After tax
205 480
209 903
210 260
199 795
Living cost
12 484
12 484
12 484
12 484
Free-cash
192 996
197 420
197 776
187 311

Estimated living cost  is ₽12484 per week

₽7288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69935
₽104184
₽77347
₽72330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
92 499
health
-
-
-
11 735
pensions
-
-
-
11 150
total
-
-
-
115 384
Employee
88 227
81 265
227 815
-
pensions
11 150
11 150
11 150
-
income

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

13 302
13 302
47 978
-
health
11 007
10 610
11 735
-
total
35 459
35 062
70 863
-
Employer
88 227
81 265
227 815
-
health
6 131
5 649
7 019
-
pensions
6 140
5 656
7 030
-
unemployment
3 177
2 926
3 635
-
total
15 448
14 231
17 684
-
Corporate
141 825
150 005
-
-
income
28 365
30 001
-
-
total
28 365
30 001
-
-
Dividends
113 460
120 004
-
-
income
24 110
25 501
-
-
withholding
17 019
18 001
-
-
total
41 129
43 502
-
-
Income
245 500
245 500
245 500
245 500
Total tax
120 401
122 796
88 547
115 384
After tax
125 099
122 704
156 953
130 116
Living cost
52 769
52 769
52 769
52 769
Free-cash
72 330
69 935
104 184
77 347

Estimated living cost  is ₽52769 per week

₽38926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145370
₽112514
₽123590
₽136930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 747
social contributions
-
-
-
34 042
solidarity contribution
-
-
-
4 321
health
-
-
-
33 143
total
-
-
-
98 253
Employee
34 790
-
198 491
-
solidarity contribution
-
-
3 328
-
social contributions
2 261
-
7 578
-
income
4 175
-
24 618
-
health
4 697
-
26 796
-
total
11 133
-
62 320
-
Employer
34 790
-
198 491
-
health
3 131
-
17 864
-
social contributions
8 697
-
29 145
-
total
11 828
-
47 009
-
Corporate
198 882
245 500
-
-
income
37 788
46 645
-
-
total
37 788
46 645
-
-
Dividends
161 094
198 855
-
-
withholding
24 164
29 828
-
-
total
24 164
29 828
-
-
Income
245 500
245 500
245 500
245 500
Total tax
84 913
76 473
109 329
98 253
After tax
160 587
169 027
136 171
147 247
Living cost
23 657
23 657
23 657
23 657
Free-cash
136 930
145 370
112 514
123 590

Estimated living cost  is ₽23657 per week

₽16432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1683
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.
₽5076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90828
₽72060
₽80128
₽85861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 628
regional
-
-
-
3 255
municipal
-
-
-
1 584
national
-
-
-
72 750
total
-
-
-
125 217
Employee
84 574
-
245 500
-
municipal
448
-
1 465
-
national
14 655
-
66 381
-
regional
798
-
2 997
-
social contributions
28 519
-
62 442
-
total
44 420
-
133 285
-
Employer
84 574
-
245 500
-
total
-
-
-
-
Corporate
160 926
245 500
-
-
municipal
6 275
9 575
-
-
nationa
38 622
58 921
-
-
total
44 897
68 496
-
-
Dividends
116 028
177 005
-
-
withholding
30 167
46 021
-
-
total
30 167
46 021
-
-
Income
245 500
245 500
245 500
245 500
Total tax
119 484
114 517
133 285
125 217
After tax
126 016
130 983
112 215
120 283
Living cost
40 155
40 155
40 155
40 155
Free-cash
85 861
90 828
72 060
80 128

Estimated living cost  is ₽40155 per week

₽27991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8914
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133419
₽88327
₽94146
₽130460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
81 525
other
-
-
-
-
surtax
-
-
-
14 194
unemployment
-
-
-
217
health
-
-
-
9 017
pensions
-
-
-
25 402
total
-
-
-
130 355
Employee
31 470
-
218 766
-
other
-
-
-
-
unemployment
2 191
-
8 840
-
pensions
2 098
-
8 471
-
surtax
103
-
13 057
-
income
5 275
-
75 834
-
health
804
-
3 238
-
total
10 471
-
109 440
-
Employer
31 470
-
218 766
-
health
1 432
-
5 779
-
pensions
4 195
-
16 930
-
unemployment
997
-
4 025
-
other
-
-
-
-
total
6 624
-
26 734
-
Corporate
207 406
245 500
-
-
income
53 925
63 831
-
-
total
53 925
63 831
-
-
Dividends
153 481
181 669
-
-
withholding
23 021
27 251
-
-
total
23 021
27 251
-
-
Income
245 500
245 500
245 500
245 500
Total tax
94 041
91 082
136 174
130 355
After tax
151 459
154 418
109 326
115 145
Living cost
20 999
20 999
20 999
20 999
Free-cash
130 460
133 419
88 327
94 146

Estimated living cost  is ₽20999 per week

₽12840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109056
₽91970
₽113750
₽115286
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
78 596
pensions
-
-
-
10 072
total
-
-
-
88 668
Employee
59 795
-
213 723
-
pensions
5 075
-
11 808
-
income
10 769
-
64 076
-
health
868
-
2 789
-
total
16 712
-
78 673
-
Employer
59 795
-
213 723
-
health
1 136
-
4 060
-
pensions
6 473
-
27 715
-
total
7 609
-
31 775
-
Corporate
178 096
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.

33 839
46 645
-
-
total
33 839
46 645
-
-
Dividends
144 257
198 855
-
-
withholding
28 972
46 717
-
-
total
28 972
46 717
-
-
Income
245 500
245 500
245 500
245 500
Total tax
87 132
93 362
110 448
88 668
After tax
158 368
152 138
135 052
156 832
Living cost
43 082
43 082
43 082
43 082
Free-cash
115 286
109 056
91 970
113 750

Estimated living cost  is ₽43082 per week

₽32277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽36727
₽109875
₽117389
₽69048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
14 453
health
-
-
-
553
city
-
-
-
2 588
national
-
-
-
7 486
pensions
-
-
-
22 587
total
-
-
-
52 577
Employee
88 394
-
221 535
-
unemployment
-
-
-
-
pensions
7 426
-
16 599
-
national
418
-
6 126
-
regional
2 894
-
12 934
-
city
949
-
2 404
-
health
200
-
499
-
total
11 887
-
38 562
-
Employer
88 394
-
221 535
-
health
200
-
499
-
pensions
7 426
-
16 599
-
unemployment
-
-
-
-
other

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

1 767
-
4 431
-
total
9 393
-
21 529
-
Corporate
146 741
245 500
-
-
regional
31 036
51 924
-
-
national
12 472
20 867
-
-
total
43 508
72 791
-
-
Dividends
103 232
172 710
-
-
withholding
36 130
60 448
-
-
total
36 130
60 448
-
-
Income
245 500
245 500
245 500
245 500
Total tax
100 918
133 239
60 091
52 577
After tax
144 582
112 261
185 409
192 923
Living cost
75 534
75 534
75 534
75 534
Free-cash
69 048
36 727
109 875
117 389

Estimated living cost  is ₽75534 per week

₽49119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽927
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18709
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽77575
₽106234
₽71718
₽93006
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
84 523
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.

-
-
-
4 648
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.

-
-
-
6 501
trade
-
-
-
34 516
total
-
-
-
130 188
Employee

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

57 191
-
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.

370
-
4 648
-
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.

6 725
-
84 523
-
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.

6 501
-
6 501
-
total
13 596
-
95 672
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
188 309
245 500
-
-
income
28 246
36 826
-
-
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.

1 553
2 026
-
-
chamber of commerce
410
489
-
-
trade
32 295
42 102
-
-
total
62 504
81 443
-
-
Dividends
125 806
164 056
-
-
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.

1 710
2 236
-
-
withholding
31 090
40 652
-
-
total
32 800
42 888
-
-
Income
245 500
245 500
245 500
245 500
Total tax
108 900
124 331
95 672
130 188
After tax
136 600
121 169
149 828
115 312
Living cost
43 594
43 594
43 594
43 594
Free-cash
93 006
77 575
106 234
71 718

Estimated living cost  is ₽43594 per week

₽31840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91175
₽89873
₽99059
₽96795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 111
other
-
-
-
7 610
surtax
-
-
-
-
social contributions
-
-
-
6 996
health
-
-
-
12 813
pensions
-
-
-
36 353
total
-
-
-
113 883
Employee
40 728
-
185 886
-
pensions
4 605
-
14 633
-
surtax
-
-
-
-
social contributions
1 161
-
5 297
-
income
2 404
-
43 525
-
total
8 170
-
63 455
-
Employer
40 728
-
185 886
-
health
2 851
-
19 219
-
pensions
6 691
-
24 329
-
unemployment
1 649
-
7 529
-
social contributions
123
-
558
-
other
1 405
-
7 979
-
total
12 719
-
59 614
-
Corporate
192 053
245 500
-
-
income
53 776
68 739
-
-
surtax
-
-
-
-
total
53 776
68 739
-
-
Dividends
138 278
176 761
-
-
surtax
-
-
-
-
social contributions
23 783
30 402
-
-
withholding
17 699
22 626
-
-
total
41 482
53 028
-
-
Income
245 500
245 500
245 500
245 500
Total tax
116 147
121 767
123 069
113 883
After tax
129 353
123 733
122 431
131 617
Living cost
32 558
32 558
32 558
32 558
Free-cash
96 795
91 175
89 873
99 059

Estimated living cost  is ₽32558 per week

₽20529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94401
₽93099
₽102285
₽99688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 111
other
-
-
-
7 610
surtax
-
-
-
-
social contributions
-
-
-
6 996
health
-
-
-
12 813
pensions
-
-
-
36 353
total
-
-
-
113 883
Employee
36 355
-
185 886
-
pensions
4 112
-
14 633
-
surtax
-
-
-
-
social contributions
1 037
-
5 297
-
income
1 875
-
43 525
-
total
7 024
-
63 455
-
Employer
36 355
-
185 886
-
health
2 544
-
19 219
-
pensions
5 974
-
24 329
-
unemployment
1 472
-
7 529
-
social contributions
108
-
558
-
other
1 255
-
7 979
-
total
11 353
-
59 614
-
Corporate
197 791
245 500
-
-
income
55 381
68 739
-
-
surtax
-
-
-
-
total
55 381
68 739
-
-
Dividends
142 410
176 761
-
-
surtax
-
-
-
-
social contributions
24 493
30 402
-
-
withholding
18 229
22 626
-
-
total
42 722
53 028
-
-
Income
245 500
245 500
245 500
245 500
Total tax
116 480
121 767
123 069
113 883
After tax
129 020
123 733
122 431
131 617
Living cost
29 332
29 332
29 332
29 332
Free-cash
99 688
94 401
93 099
102 285

Estimated living cost  is ₽29332 per week

₽17011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129600
₽130131
₽137481
₽130091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 826
social contributions
-
-
-
33 878
health
-
-
-
17 136
total
-
-
-
87 840
Employee
32 266
-
245 500
-
social contributions
4 453
-
33 878
-
income
5 382
-
44 176
-
health
2 252
-
17 136
-
total
12 087
-
95 190
-
Employer
32 266
-
245 500
-
total
-
-
-
-
Corporate
213 234
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%.

10 662
12 275
-
-
total
10 662
12 275
-
-
Dividends
202 572
233 225
-
-
social contributions
27 955
32 184
-
-
withholding
30 386
34 984
-
-
health
14 140
16 278
-
-
total
72 481
83 446
-
-
Income
245 500
245 500
245 500
245 500
Total tax
95 230
95 721
95 190
87 840
After tax
150 270
149 779
150 310
157 660
Living cost
20 179
20 179
20 179
20 179
Free-cash
130 091
129 600
130 131
137 481

Estimated living cost  is ₽20179 per week

₽13504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101560
₽30027
₽91723
₽100085
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
84 167
surtax
-
-
-
188
unemployment
-
-
-
5 837
chamber of commerce
-
-
-
982
health
-
-
-
8 504
pensions
-
-
-
20 567
total
-
-
-
120 245
Employee
47 558
37 924
206 368
-
other
475
379
1 112
-
unemployment
1 427
1 138
3 335
-
pensions
4 870
3 883
11 384
-
income
5 414
2 797
71 988
-
health
1 840
1 468
4 302
-
total
14 026
9 665
92 121
-
Employer
47 558
37 924
206 368
-
chamber of commerce
190
152
825
-
health
1 797
1 434
4 202
-
pensions
5 968
4 760
13 952
-
accident
618
493
1 445
-
unemployment
1 427
1 138
3 335
-
surtax
188
188
188
-
payroll
1 427
1 138
6 191
-
other
2 259
1 800
8 993
-
total
13 874
11 103
39 131
-
Corporate
184 069
196 474
202 757
-
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.

46 018
49 118
50 689
-
total
46 018
49 118
50 689
-
Dividends
138 052
147 356
-
-
withholding
37 965
40 522
-
-
total
37 965
40 522
-
-
Income
245 500
245 500
245 500
245 500
Total tax
111 883
110 408
181 941
120 245
After tax
133 617
135 092
63 559
125 255
Living cost
33 532
33 532
33 532
33 532
Free-cash
100 085
101 560
30 027
91 723

Estimated living cost  is ₽33532 per week

₽22364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98271
₽47391
₽72242
₽88171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
13 306
social contributions
-
-
-
23 725
national
-
-
-
101 530
total
-
-
-
138 561
Employee

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

68 070
-
190 150
-
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.

592
-
1 654
-
communal

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

3 550
-
9 918
-
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.

5 105
-
14 261
-
national
20 927
-
73 292
-
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.

3 198
-
8 937
-
total
33 372
-
108 062
-
Employer

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

68 070
-
190 150
-
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.

4 186
-
11 693
-
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.

6 032
-
16 847
-
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.

885
-
2 472
-
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.

993
-
2 776
-
surtax
7 718
-
21 562
-
total
19 814
-
55 350
-
Corporate
157 616
245 500
-
-
income
31 524
54 942
-
-
surtax
630
1 098
-
-
total
32 154
56 040
-
-
Dividends
125 462
189 460
-
-
withholding

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

37 292
56 492
-
-
total
37 292
56 492
-
-
Income
245 500
245 500
245 500
245 500
Total tax
122 632
112 532
163 412
138 561
After tax
122 868
132 968
82 088
106 939
Living cost
34 697
34 697
34 697
34 697
Free-cash
88 171
98 271
47 391
72 242

Estimated living cost  is ₽34697 per week

₽22350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128335
₽98544
₽102535
₽121817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
795
income
-
-
-
82 136
other
-
-
-
88
unemployment
-
-
-
618
pensions
-
-
-
24 961
total
-
-
-
108 598
Employee
47 369
-
217 381
-
other
47
-
88
-
unemployment
735
-
1 367
-
pensions
2 227
-
4 146
-
income
9 995
-
78 869
-
total
13 004
-
84 470
-
Employer
47 369
-
217 381
-
pensions
11 178
-
20 816
-
accident
937
-
1 746
-
unemployment
2 606
-
4 851
-
other
377
-
706
-
total
15 098
-
28 119
-
Corporate
183 032
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.

27 455
36 826
-
-
total
27 455
36 826
-
-
Dividends
155 577
208 674
-
-
withholding
33 759
45 972
-
-
total
33 759
45 972
-
-
Income
245 500
245 500
245 500
245 500
Total tax
89 316
82 798
112 589
108 598
After tax
156 184
162 702
132 911
136 902
Living cost
34 367
34 367
34 367
34 367
Free-cash
121 817
128 335
98 544
102 535

Estimated living cost  is ₽34367 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84562
₽70614
₽63454
₽71473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
15 516
accident
-
-
-
1 898
income
-
-
-
50 855
surtax
-
-
-
12 497
health
-
-
-
15 818
pensions
-
-
-
33 747
total
-
-
-
130 331
Employee
72 066
-
219 293
-
pensions
5 764
-
17 544
-
surtax
4 417
-
13 439
-
income
6 961
-
56 222
-
health
3 207
-
9 759
-
total
20 349
-
96 964
-
Employer
72 066
-
219 293
-
health
2 198
-
6 689
-
pensions
5 764
-
17 544
-
accident
648
-
1 974
-
total
8 610
-
26 207
-
Corporate
164 824
245 500
-
-
communal
11 126
16 571
-
-
income
24 724
36 826
-
-
surtax
1 730
2 577
-
-
total
37 580
55 974
-
-
Dividends
127 243
189 527
-
-
income
36 687
24 821
-
-
withholding
19 086
28 428
-
-
total
55 773
53 249
-
-
Income
245 500
245 500
245 500
245 500
Total tax
122 312
109 223
123 171
130 331
After tax
123 188
136 277
122 329
115 169
Living cost
51 715
51 715
51 715
51 715
Free-cash
71 473
84 562
70 614
63 454

Estimated living cost  is ₽51715 per week

₽38794
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133043
₽87951
₽93770
₽130018
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
81 525
other
-
-
-
-
surtax
-
-
-
14 194
unemployment
-
-
-
217
health
-
-
-
9 017
pensions
-
-
-
25 402
total
-
-
-
130 355
Employee
32 047
-
218 766
-
other
-
-
-
-
unemployment
2 230
-
8 840
-
pensions
2 138
-
8 471
-
surtax
114
-
13 057
-
income
5 373
-
75 834
-
health
818
-
3 238
-
total
10 673
-
109 440
-
Employer
32 047
-
218 766
-
health
1 457
-
5 779
-
pensions
4 273
-
16 930
-
unemployment
1 017
-
4 025
-
other
-
-
-
-
total
6 747
-
26 734
-
Corporate
206 706
245 500
-
-
income
53 743
63 831
-
-
total
53 743
63 831
-
-
Dividends
152 963
181 669
-
-
withholding
22 944
27 251
-
-
total
22 944
27 251
-
-
Income
245 500
245 500
245 500
245 500
Total tax
94 107
91 082
136 174
130 355
After tax
151 393
154 418
109 326
115 145
Living cost
21 375
21 375
21 375
21 375
Free-cash
130 018
133 043
87 951
93 770

Estimated living cost  is ₽21375 per week

₽12905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103404
₽85861
₽93886
₽101292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 628
regional
-
-
-
4 017
municipal
-
-
-
1 584
national
-
-
-
72 750
total
-
-
-
125 979
Employee
52 788
-
245 500
-
municipal
280
-
1 465
-
national
8 363
-
66 381
-
regional
711
-
3 716
-
social contributions
17 801
-
62 442
-
total
27 155
-
134 004
-
Employer
52 788
-
245 500
-
total
-
-
-
-
Corporate
192 712
245 500
-
-
municipal
9 578
12 201
-
-
nationa
46 250
58 921
-
-
total
55 828
71 122
-
-
Dividends
136 883
174 379
-
-
withholding
35 590
45 339
-
-
total
35 590
45 339
-
-
Income
245 500
245 500
245 500
245 500
Total tax
118 573
116 461
134 004
125 979
After tax
126 927
129 039
111 496
119 521
Living cost
25 635
25 635
25 635
25 635
Free-cash
101 292
103 404
85 861
93 886

Estimated living cost  is ₽25635 per week

₽15942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139875
₽107019
₽118095
₽129475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 747
social contributions
-
-
-
34 042
solidarity contribution
-
-
-
4 321
health
-
-
-
33 143
total
-
-
-
98 253
Employee
42 870
-
198 491
-
solidarity contribution
-
-
3 328
-
social contributions
2 787
-
7 578
-
income
5 144
-
24 618
-
health
5 787
-
26 796
-
total
13 718
-
62 320
-
Employer
42 870
-
198 491
-
health
3 858
-
17 864
-
social contributions
10 718
-
29 145
-
total
14 576
-
47 009
-
Corporate
188 054
245 500
-
-
income
35 730
46 645
-
-
total
35 730
46 645
-
-
Dividends
152 324
198 855
-
-
withholding
22 849
29 828
-
-
total
22 849
29 828
-
-
Income
245 500
245 500
245 500
245 500
Total tax
86 873
76 473
109 329
98 253
After tax
158 627
169 027
136 171
147 247
Living cost
29 152
29 152
29 152
29 152
Free-cash
129 475
139 875
107 019
118 095

Estimated living cost  is ₽29152 per week

₽21679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1615
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.
₽5353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104833
₽33242
₽95083
₽104363
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
84 167
surtax
-
-
-
-
unemployment
-
-
-
5 837
chamber of commerce
-
-
-
982
health
-
-
-
8 504
pensions
-
-
-
20 567
total
-
-
-
120 057
Employee
41 598
37 924
206 543
-
other
415
379
1 112
-
unemployment
1 248
1 138
3 335
-
pensions
4 260
3 883
11 384
-
income
3 706
2 797
72 076
-
health
1 609
1 468
4 302
-
total
11 238
9 665
92 209
-
Employer
41 598
37 924
206 543
-
chamber of commerce
166
152
825
-
health
1 573
1 434
4 202
-
pensions
5 221
4 760
13 952
-
accident
540
493
1 445
-
unemployment
1 248
1 138
3 335
-
surtax
-
-
-
-
payroll
1 248
1 138
6 196
-
other
1 976
1 800
9 001
-
total
11 972
10 915
38 956
-
Corporate
191 931
196 662
202 932
-
income

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

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

47 982
49 165
50 733
-
total
47 982
49 165
50 733
-
Dividends
143 948
147 496
-
-
withholding
39 585
40 562
-
-
total
39 585
40 562
-
-
Income
245 500
245 500
245 500
245 500
Total tax
110 777
110 307
181 898
120 057
After tax
134 723
135 193
63 602
125 443
Living cost
30 360
30 360
30 360
30 360
Free-cash
104 363
104 833
33 242
95 083

Estimated living cost  is ₽30360 per week

₽18212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽221047
₽184222
₽230868
₽218764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 222
-
245 500
-
income
3 045
-
49 100
-
total
3 045
-
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%.

230 278
245 500
-
-
total
-
-
-
-
Dividends
230 278
245 500
-
-
withholding
11 514
12 275
-
-
total
11 514
12 275
-
-
Income
245 500
245 500
245 500
245 500
Total tax
14 559
12 275
49 100
2 455
After tax
230 941
233 225
196 400
243 045
Living cost
12 178
12 178
12 178
12 178
Free-cash
218 764
221 047
184 222
230 868

Estimated living cost  is ₽12178 per week

₽8241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽511
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143503
₽79805
₽85136
₽135541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
65 479
unemployment
-
-
-
368
health
-
-
-
24 157
pensions
-
-
-
44 835
total
-
-
-
134 839
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.

42 081
-
212 425
-
unemployment
60
-
298
-
pensions
6 523
-
32 927
-
income
7 257
-
60 148
-
health
2 718
-
13 723
-
total
16 558
-
107 096
-
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.

42 081
-
212 425
-
health
2 803
-
14 147
-
pensions
3 724
-
18 799
-
unemployment
25
-
128
-
total
6 552
-
33 074
-
Corporate
196 867
245 500
-
-
income
37 405
46 644
-
-
total
37 405
46 644
-
-
Dividends
159 462
198 856
-
-
withholding
23 919
29 828
-
-
total
23 919
29 828
-
-
Income
245 500
245 500
245 500
245 500
Total tax
84 434
76 472
140 170
134 839
After tax
161 066
169 028
105 330
110 661
Living cost
25 525
25 525
25 525
25 525
Free-cash
135 541
143 503
79 805
85 136

Estimated living cost  is ₽25525 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108171
₽191751
₽128469
₽62763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 853
social contributions
-
-
-
27 987
total
-
-
-
75 840
Employee
59 061
-
-
-
social contributions
4 843
-
690
-
income
13 028
-
-
-
total
17 871
-
690
-
Employer
59 061
-
-
-
social contributions
83 276
-
11 868
-
total
83 276
-
11 868
-
Corporate
103 162
245 500
-
-
income
22 696
54 010
-
-
total
22 696
54 010
-
-
Dividends
80 466
191 490
-
-
income
17 703
42 128
-
-
total
17 703
42 128
-
-
Income
245 500
245 500
245 500
245 500
Total tax
141 546
96 138
12 558
75 840
After tax
103 954
149 362
232 942
169 660
Living cost
41 191
41 191
41 191
41 191
Free-cash
62 763
108 171
191 751
128 469

Estimated living cost  is ₽41191 per week

₽26726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109792
₽76286
₽96629
₽108832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
33 710
surtax
-
-
-
-
social contributions

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

-
-
-
85 312
total
-
-
-
119 022
Employee
43 767
-
198 384
-
surtax
-
-
802
-
social contributions
4 814
-
21 822
-
income
9 104
-
69 625
-
total
13 918
-
92 249
-
Employer
43 767
-
198 384
-
social contributions
10 395
-
47 116
-
total
10 395
-
47 116
-
Corporate
191 338
245 500
-
-
income
40 181
51 554
-
-
surtax
-
-
-
-
total
40 181
51 554
-
-
Dividends
151 157
193 946
-
-
withholding
42 325
54 305
-
-
total
42 325
54 305
-
-
Income
245 500
245 500
245 500
245 500
Total tax
106 819
105 859
139 365
119 022
After tax
138 681
139 641
106 135
126 478
Living cost
29 849
29 849
29 849
29 849
Free-cash
108 832
109 792
76 286
96 629

Estimated living cost  is ₽29849 per week

₽22333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77771
₽76469
₽85655
₽84313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 111
other
-
-
-
7 610
surtax
-
-
-
-
social contributions
-
-
-
6 996
health
-
-
-
12 813
pensions
-
-
-
36 353
total
-
-
-
113 883
Employee
59 602
-
185 886
-
pensions
6 741
-
14 633
-
surtax
-
-
-
-
social contributions
1 698
-
5 297
-
income
5 200
-
43 525
-
total
13 639
-
63 455
-
Employer
59 602
-
185 886
-
health
4 172
-
19 219
-
pensions
9 793
-
24 329
-
unemployment
2 414
-
7 529
-
social contributions
179
-
558
-
other
2 057
-
7 979
-
total
18 615
-
59 614
-
Corporate
167 283
245 500
-
-
income
46 839
68 739
-
-
surtax
-
-
-
-
total
46 839
68 739
-
-
Dividends
120 444
176 761
-
-
surtax
-
-
-
-
social contributions
20 715
30 402
-
-
withholding
15 417
22 626
-
-
total
36 132
53 028
-
-
Income
245 500
245 500
245 500
245 500
Total tax
115 225
121 767
123 069
113 883
After tax
130 275
123 733
122 431
131 617
Living cost
45 962
45 962
45 962
45 962
Free-cash
84 313
77 771
76 469
85 655

Estimated living cost  is ₽45962 per week

₽31106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽192346
₽156036
₽149515
₽189148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 371
social contributions
-
-
-
54 009
total
-
-
-
67 380
Employee
30 594
-
212 553
-
income
-
-
14 095
-
social contributions
1 988
-
13 817
-
total
1 988
-
27 912
-
Employer
30 594
-
212 553
-
social contributions
4 742
-
32 947
-
total
4 742
-
32 947
-
Corporate
210 164
245 500
-
-
income
21 017
24 549
-
-
total
21 017
24 549
-
-
Dividends
189 147
220 951
-
-
total
-
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
27 747
24 549
60 859
67 380
After tax
217 753
220 951
184 641
178 120
Living cost
28 605
28 605
28 605
28 605
Free-cash
189 148
192 346
156 036
149 515

Estimated living cost  is ₽28605 per week

₽18496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38343
₽38343
₽94493
₽19304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
19 574
municipal
-
-
-
53 456
national
-
-
-
31 363
pensions
-
-
-
824
total
-
-
-
105 217
Employee
193 270
193 270
193 270
-
municipal
41 156
41 156
41 156
-
labour market
15 440
15 440
15 440
-
pensions
275
275
275
-
national
23 611
23 611
23 611
-
total
80 482
80 482
80 482
-
Employer
193 270
193 270
193 270
-
national
23 653
23 653
23 653
-
labour market
15 462
15 462
15 462
-
pensions
549
549
549
-
municipal
41 221
41 221
41 221
-
total
80 885
80 885
80 885
-
Corporate
38 344
-
-
-
income
8 436
-
-
-
total
8 436
-
-
-
Dividends
29 908
-
-
-
withholding
10 603
-
-
-
total
10 603
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
180 406
161 367
161 367
105 217
After tax
65 094
84 133
84 133
140 283
Living cost
45 790
45 790
45 790
45 790
Free-cash
19 304
38 343
38 343
94 493

Estimated living cost  is ₽45790 per week

₽31339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽950
₽115190
₽146714
₽16690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
243
income
-
-
-
71 255
other
-
-
-
356
health
-
-
-
2 096
pensions
-
-
-
4 000
total
-
-
-
77 950
Employee
32 777
-
225 614
-
pensions
3 691
-
7 334
-
income
4 497
-
56 420
-
health
3 753
-
25 833
-
total
11 941
-
89 587
-
Employer
32 777
-
225 614
-
pensions
5 329
-
10 591
-
accident
547
-
3 768
-
unemployment
803
-
5 528
-
total
6 679
-
19 887
-
Corporate
206 043
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.

185 439
220 950
-
-
total
185 439
220 950
-
-
Dividends
20 604
24 550
-
-
withholding
3 915
4 664
-
-
total
3 915
4 664
-
-
Income
245 500
245 500
245 500
245 500
Total tax
207 974
225 614
109 474
77 950
After tax
37 526
19 886
136 026
167 550
Living cost
20 836
20 836
20 836
20 836
Free-cash
16 690
-950
115 190
146 714

Estimated living cost  is ₽20836 per week

₽15166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111476
₽82375
₽110494
₽115401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 384
municipal
-
-
-
43 581
national
-
-
-
51 506
total
-
-
-
98 471
Employee
50 067
-
206 529
-
municipal
8 201
-
33 607
-
unemployment
751
-
3 097
-
pensions
3 379
-
13 941
-
national
827
-
34 191
-
health
374
-
2 783
-
total
13 532
-
87 619
-
Employer
50 067
-
206 529
-
health
385
-
1 591
-
pensions
8 686
-
35 832
-
accident
51
-
206
-
unemployment
325
-
1 342
-
total
9 447
-
38 971
-
Corporate
185 987
245 500
-
-
income
37 198
49 100
-
-
total
37 198
49 100
-
-
Dividends

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

111 592
147 300
-
-
municipal
20 087
26 514
-
-
national
13 300
21 875
-
-
total
33 387
48 389
-
-
Income
245 500
245 500
245 500
245 500
Total tax
93 564
97 489
126 590
98 471
After tax
151 936
148 011
118 910
147 029
Living cost
36 535
36 535
36 535
36 535
Free-cash
115 401
111 476
82 375
110 494

Estimated living cost  is ₽36535 per week

₽23865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156809
₽139921
₽141866
₽151627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
59 943
social contributions
-
-
-
15 397
health
-
-
-
6 261
total
-
-
-
81 601
Employee
73 175
73 175
232 998
-
social contributions
2 767
6 073
8 191
-
income
7 968
6 774
58 893
-
health
567
1 244
3 960
-
total
11 302
14 091
71 044
-
Employer
73 175
73 175
232 998
-
health
616
1 354
4 311
-
social contributions
2 767
6 073
8 191
-
total
3 383
7 427
12 502
-
Corporate
208 784
164 897
-
-
income
26 099
20 612
-
-
total
26 099
20 612
-
-
Dividends
182 685
144 285
-
-
withholding
31 056
24 528
-
-
total
31 056
24 528
-
-
Income
245 500
245 500
245 500
245 500
Total tax
71 840
66 658
83 546
81 601
After tax
173 660
178 842
161 954
163 899
Living cost
22 033
22 033
22 033
22 033
Free-cash
151 627
156 809
139 921
141 866

Estimated living cost  is ₽22033 per week

₽13205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽188189
₽176159
₽195247
₽183351
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
25 620
unemployment
-
-
-
27
health
-
-
-
3 444
pensions
-
-
-
6 053
total
-
-
-
35 144
Employee

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

21 843
-
236 200
-
unemployment
108
-
451
-
pensions
3 276
-
13 544
-
income
1 493
-
23 262
-
health
1 856
-
7 675
-
total
6 733
-
44 932
-
Employer

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

21 843
-
236 200
-
health
939
-
3 883
-
pensions
1 201
-
4 966
-
unemployment
108
-
451
-
total
2 248
-
9 300
-
Corporate
221 409
245 500
-
-
income
19 926
22 095
-
-
total
19 926
22 095
-
-
Dividends
201 483
223 405
-
-
withholding
18 133
20 107
-
-
total
18 133
20 107
-
-
Income
245 500
245 500
245 500
245 500
Total tax
47 040
42 202
54 232
35 144
After tax
198 460
203 298
191 268
210 356
Living cost
15 109
15 109
15 109
15 109
Free-cash
183 351
188 189
176 159
195 247

Estimated living cost  is ₽15109 per week

₽9640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136533
₽106742
₽110733
₽132332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
795
income
-
-
-
82 136
other
-
-
-
88
unemployment
-
-
-
618
pensions
-
-
-
24 961
total
-
-
-
108 598
Employee
35 187
-
217 381
-
other
34
-
88
-
unemployment
545
-
1 367
-
pensions
1 654
-
4 146
-
income
6 784
-
78 869
-
total
9 017
-
84 470
-
Employer
35 187
-
217 381
-
pensions
8 303
-
20 816
-
accident
697
-
1 746
-
unemployment
1 936
-
4 851
-
other
282
-
706
-
total
11 218
-
28 119
-
Corporate
199 095
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.

29 864
36 826
-
-
total
29 864
36 826
-
-
Dividends
169 231
208 674
-
-
withholding
36 900
45 972
-
-
total
36 900
45 972
-
-
Income
245 500
245 500
245 500
245 500
Total tax
86 999
82 798
112 589
108 598
After tax
158 501
162 702
132 911
136 902
Living cost
26 169
26 169
26 169
26 169
Free-cash
132 332
136 533
106 742
110 733

Estimated living cost  is ₽26169 per week

₽17663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151328
₽156483
₽156616
₽151023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
84 674
health
-
-
-
986
pensions
-
-
-
1 360
total
-
-
-
87 020
Employee
2 839
-
243 970
-
unemployment
28
-
68
-
pensions
255
-
612
-
income
549
-
84 603
-
health
142
-
340
-
total
974
-
85 623
-
Employer
2 839
-
243 970
-
health
270
-
646
-
pensions
312
-
748
-
unemployment
57
-
136
-
total
639
-
1 530
-
Corporate
242 022
245 500
-
-
income
53 245
54 010
-
-
total
53 245
54 010
-
-
Dividends
188 777
191 490
-
-
withholding
37 755
38 298
-
-
total
37 755
38 298
-
-
Income
245 500
245 500
245 500
245 500
Total tax
92 613
92 308
87 153
87 020
After tax
152 887
153 192
158 347
158 480
Living cost
1 864
1 864
1 864
1 864
Free-cash
151 023
151 328
156 483
156 616

Estimated living cost  is ₽1864 per week

₽1108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160907
₽145035
₽145035
₽156221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
57 398
unemployment
-
-
-
1 056
health
-
-
-
7 248
pensions
-
-
-
18 296
total
-
-
-
83 998
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.

24 831
-
232 904
-
unemployment
186
-
528
-
pensions
3 476
-
9 852
-
income
3 423
-
57 398
-
health
1 279
-
3 624
-
total
8 364
-
71 402
-
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.

24 831
-
232 904
-
health
1 279
-
3 624
-
pensions
2 980
-
8 444
-
unemployment
186
-
528
-
total
4 445
-
12 596
-
Corporate
216 224
245 500
-
-
income
32 434
36 825
-
-
total
32 434
36 825
-
-
Dividends
183 791
208 675
-
-
withholding
27 569
31 301
-
-
total
27 569
31 301
-
-
Income
245 500
245 500
245 500
245 500
Total tax
72 812
68 126
83 998
83 998
After tax
172 688
177 374
161 502
161 502
Living cost
16 467
16 467
16 467
16 467
Free-cash
156 221
160 907
145 035
145 035

Estimated living cost  is ₽16467 per week

₽11087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1274
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113986
₽80480
₽100823
₽113643
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
33 710
surtax
-
-
-
-
social contributions

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

-
-
-
85 312
total
-
-
-
119 022
Employee
36 935
-
198 384
-
surtax
-
-
802
-
social contributions
4 063
-
21 822
-
income
7 217
-
69 625
-
total
11 280
-
92 249
-
Employer
36 935
-
198 384
-
social contributions
8 771
-
47 116
-
total
8 771
-
47 116
-
Corporate
199 794
245 500
-
-
income
41 956
51 554
-
-
surtax
-
-
-
-
total
41 956
51 554
-
-
Dividends
157 838
193 946
-
-
withholding
44 195
54 305
-
-
total
44 195
54 305
-
-
Income
245 500
245 500
245 500
245 500
Total tax
106 202
105 859
139 365
119 022
After tax
139 298
139 641
106 135
126 478
Living cost
25 655
25 655
25 655
25 655
Free-cash
113 643
113 986
80 480
100 823

Estimated living cost  is ₽25655 per week

₽18171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129258
₽99467
₽103458
₽123033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
795
income
-
-
-
82 136
other
-
-
-
88
unemployment
-
-
-
618
pensions
-
-
-
24 961
total
-
-
-
108 598
Employee
45 959
-
217 381
-
other
45
-
88
-
unemployment
712
-
1 367
-
pensions
2 160
-
4 146
-
income
9 599
-
78 869
-
total
12 516
-
84 470
-
Employer
45 959
-
217 381
-
pensions
10 846
-
20 816
-
accident
910
-
1 746
-
unemployment
2 528
-
4 851
-
other
368
-
706
-
total
14 652
-
28 119
-
Corporate
184 888
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.

27 733
36 826
-
-
total
27 733
36 826
-
-
Dividends
157 155
208 674
-
-
withholding
34 122
45 972
-
-
total
34 122
45 972
-
-
Income
245 500
245 500
245 500
245 500
Total tax
89 023
82 798
112 589
108 598
After tax
156 477
162 702
132 911
136 902
Living cost
33 444
33 444
33 444
33 444
Free-cash
123 033
129 258
99 467
103 458

Estimated living cost  is ₽33444 per week

₽24018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽193524
₽193881
₽183416
₽187721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 825
unemployment
-
-
-
133
health
-
-
-
3 825
pensions

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

-
-
-
4 922
total
-
-
-
45 705
Employee
21 688
-
238 975
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
pensions

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

1 904
-
2 920
-
income
2 169
-
23 898
-
health
998
-
1 530
-
total
5 309
-
28 714
-
Employer
21 688
-
238 975
-
health
1 497
-
2 295
-
pensions

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

2 390
-
3 665
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
unemployment
130
-
200
-
total
4 255
-
6 526
-
Corporate
219 557
245 500
-
-
income
21 956
24 550
-
-
total
21 956
24 550
-
-
Dividends
197 601
220 950
-
-
withholding
9 880
11 047
-
-
total
9 880
11 047
-
-
Income
245 500
245 500
245 500
245 500
Total tax
41 400
35 597
35 240
45 705
After tax
204 100
209 903
210 260
199 795
Living cost
16 379
16 379
16 379
16 379
Free-cash
187 721
193 524
193 881
183 416

Estimated living cost  is ₽16379 per week

₽10833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89477
₽113088
₽84208
₽101929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
84 523
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.

-
-
-
4 648
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.

-
-
-
6 501
trade
-
-
-
28 880
total
-
-
-
124 552
Employee

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

47 349
-
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.

215
-
4 648
-
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.

3 893
-
84 523
-
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.

6 501
-
6 501
-
total
10 609
-
95 672
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
198 151
245 500
-
-
income
29 723
36 826
-
-
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.

1 634
2 026
-
-
chamber of commerce
435
504
-
-
trade
28 435
35 229
-
-
total
60 227
74 585
-
-
Dividends
137 923
170 915
-
-
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.

1 876
2 330
-
-
withholding
34 119
42 368
-
-
total
35 995
44 698
-
-
Income
245 500
245 500
245 500
245 500
Total tax
106 831
119 283
95 672
124 552
After tax
138 669
126 217
149 828
120 948
Living cost
36 740
36 740
36 740
36 740
Free-cash
101 929
89 477
113 088
84 208

Estimated living cost  is ₽36740 per week

₽25344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117642
₽66056
₽66056
₽119742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 471
social contributions
-
-
-
42 764
total
-
-
-
125 235
Employee
74 438
-
245 500
-
income
14 046
-
82 471
-
social contributions
6 184
-
42 764
-
total
20 230
-
125 235
-
Employer
74 438
-
245 500
-
total
-
-
-
-
Corporate
171 062
245 500
-
-
income
21 383
30 687
-
-
total
21 383
30 687
-
-
Dividends
149 678
214 813
-
-
withholding
29 936
42 962
-
-
total
29 936
42 962
-
-
Income
245 500
245 500
245 500
245 500
Total tax
71 549
73 649
125 235
125 235
After tax
173 951
171 851
120 265
120 265
Living cost
54 209
54 209
54 209
54 209
Free-cash
119 742
117 642
66 056
66 056

Estimated living cost  is ₽54209 per week

₽41241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120002
₽135260
₽168275
₽123328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
36 826
health

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

-
-
-
5 855
total
-
-
-
42 681
Employee
43 655
-
241 123
-
income
4 737
-
66 942
-
social contributions
4 374
-
4 377
-
total
9 111
-
71 319
-
Employer
43 655
-
241 123
-
social contributions
4 374
-
4 377
-
total
4 374
-
4 377
-
Corporate
197 471
245 500
-
-
income
69 115
85 926
-
-
total
69 115
85 926
-
-
Dividends
128 357
159 574
-
-
social contributions
5 028
5 028
-
-
total
5 028
5 028
-
-
Income
245 500
245 500
245 500
245 500
Total tax
87 628
90 954
75 696
42 681
After tax
157 872
154 546
169 804
202 819
Living cost
34 544
34 544
34 544
34 544
Free-cash
123 328
120 002
135 260
168 275

Estimated living cost  is ₽34544 per week

₽22754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8536
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117113
₽100027
₽121807
₽122697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
78 596
pensions
-
-
-
10 072
total
-
-
-
88 668
Employee
48 076
-
213 723
-
pensions
3 669
-
11 808
-
income
8 755
-
64 076
-
health
627
-
2 789
-
total
13 051
-
78 673
-
Employer
48 076
-
213 723
-
health
914
-
4 060
-
pensions
4 857
-
27 715
-
total
5 771
-
31 775
-
Corporate
191 653
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.

36 414
46 645
-
-
total
36 414
46 645
-
-
Dividends
155 239
198 855
-
-
withholding
32 542
46 717
-
-
total
32 542
46 717
-
-
Income
245 500
245 500
245 500
245 500
Total tax
87 778
93 362
110 448
88 668
After tax
157 722
152 138
135 052
156 832
Living cost
35 025
35 025
35 025
35 025
Free-cash
122 697
117 113
100 027
121 807

Estimated living cost  is ₽35025 per week

₽24027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3013
₽113127
₽144651
₽16374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
243
income
-
-
-
71 255
other
-
-
-
356
health
-
-
-
2 096
pensions
-
-
-
4 000
total
-
-
-
77 950
Employee
36 021
-
225 614
-
pensions
4 056
-
7 334
-
income
4 942
-
56 420
-
health
4 124
-
25 833
-
total
13 122
-
89 587
-
Employer
36 021
-
225 614
-
pensions
5 857
-
10 591
-
accident
602
-
3 768
-
unemployment
882
-
5 528
-
total
7 341
-
19 887
-
Corporate
202 138
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.

181 924
220 950
-
-
total
181 924
220 950
-
-
Dividends
20 214
24 550
-
-
withholding
3 840
4 664
-
-
total
3 840
4 664
-
-
Income
245 500
245 500
245 500
245 500
Total tax
206 227
225 614
109 474
77 950
After tax
39 273
19 886
136 026
167 550
Living cost
22 899
22 899
22 899
22 899
Free-cash
16 374
-3 013
113 127
144 651

Estimated living cost  is ₽22899 per week

₽16805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174962
₽170088
₽149177
₽172084
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
41 657
unemployment
-
-
-
1 825
work injury
-
-
-
760
health insurance
-
-
-
11 254
pensions
-
-
-
27 982
total
-
-
-
83 478
Employee

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

20 552
-
245 500
-
health insurance
1 521
-
5 627
-
unemployment
247
-
912
-
work injury
103
-
380
-
pensions
3 782
-
13 991
-
income
2 055
-
41 657
-
total
7 708
-
62 567
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
224 948
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%.

22 495
24 550
-
-
total
22 495
24 550
-
-
Dividends
202 453
220 950
-
-
withholding
30 368
33 143
-
-
total
30 368
33 143
-
-
Income
245 500
245 500
245 500
245 500
Total tax
60 571
57 693
62 567
83 478
After tax
184 929
187 807
182 933
162 022
Living cost
12 845
12 845
12 845
12 845
Free-cash
172 084
174 962
170 088
149 177

Estimated living cost  is ₽12845 per week

₽7958
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.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91401
₽71342
₽79160
₽87074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 628
regional
-
-
-
6 271
municipal
-
-
-
1 781
national
-
-
-
72 750
total
-
-
-
128 430
Employee
80 190
-
245 500
-
municipal
479
-
1 647
-
national
13 551
-
66 381
-
regional
1 211
-
5 778
-
social contributions
27 039
-
62 442
-
total
42 280
-
136 248
-
Employer
80 190
-
245 500
-
total
-
-
-
-
Corporate
165 310
245 500
-
-
municipal
7 968
11 834
-
-
nationa
39 675
58 921
-
-
total
47 643
70 755
-
-
Dividends
117 667
174 745
-
-
withholding
30 593
45 434
-
-
total
30 593
45 434
-
-
Income
245 500
245 500
245 500
245 500
Total tax
120 516
116 189
136 248
128 430
After tax
124 984
129 311
109 252
117 070
Living cost
37 910
37 910
37 910
37 910
Free-cash
87 074
91 401
71 342
79 160

Estimated living cost  is ₽37910 per week

₽26630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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