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
₽93535
₽120271
₽88898
₽104553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 654
surtax

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

-
-
-
4 601
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.

-
-
-
6 805
trade
-
-
-
31 373
total
-
-
-
126 433
Employee

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

38 096
-
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.

59
-
4 601
-
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.

1 064
-
83 654
-
health

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

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

6 805
-
6 805
-
total
7 928
-
95 060
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
207 404
245 500
-
-
income
31 110
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.

1 711
2 026
-
-
chamber of commerce
450
505
-
-
trade
32 666
38 667
-
-
total
65 937
78 024
-
-
Dividends
141 468
167 476
-
-
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.

1 924
2 281
-
-
withholding
34 989
41 491
-
-
total
36 913
43 772
-
-
Income
245 500
245 500
245 500
245 500
Total tax
110 778
121 796
95 060
126 433
After tax
134 722
123 704
150 440
119 067
Living cost
30 169
30 169
30 169
30 169
Free-cash
104 553
93 535
120 271
88 898

Estimated living cost  is ₽30169 per week

₽18977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100454
₽87600
₽86284
₽99577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 335
national
-
-
-
47 044
pensions
-
-
-
29 460
total
-
-
-
106 478
Employee
81 754
-
212 233
-
municipal
10 098
-
28 286
-
pensions
3 270
-
8 489
-
national
15 648
-
49 126
-
total
29 016
-
85 901
-
Employer
81 754
-
212 233
-
pensions
6 540
-
16 979
-
social contributions
879
-
2 282
-
total
7 419
-
19 261
-
Corporate
150 931
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%.

30 186
49 100
-
-
total
30 186
49 100
-
-
Dividends
120 745
196 400
-
-
withholding
26 564
43 208
-
-
total
26 564
43 208
-
-
Income
245 500
245 500
245 500
245 500
Total tax
93 185
92 308
105 162
106 478
After tax
152 315
153 192
140 338
139 022
Living cost
52 738
52 738
52 738
52 738
Free-cash
99 577
100 454
87 600
86 284

Estimated living cost  is ₽52738 per week

₽35846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽789
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175677
₽87143
₽70014
₽167508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 000
surtax
-
-
-
62 602
social contributions

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

-
-
-
38 162
microenterprise
-
-
-
-
total
-
-
-
154 764
Employee
29 104
-
195 409
-
surtax
-
-
28 333
-
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.

3 202
-
13 057
-
income
5 181
-
46 154
-
total
8 383
-
87 544
-
Employer
29 104
-
195 409
-
social contributions

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

7 011
-
28 596
-
surtax
-
-
21 495
-
total
7 011
-
50 091
-
Corporate
209 385
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%.

41 876
49 101
-
-
total
41 876
49 101
-
-
Dividends

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

167 509
196 399
-
-
total
-
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
57 270
49 101
137 635
154 764
After tax
188 230
196 399
107 865
90 736
Living cost
20 722
20 722
20 722
20 722
Free-cash
167 508
175 677
87 143
70 014

Estimated living cost  is ₽20722 per week

₽13220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1973
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.
₽5058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80865
₽115247
₽88937
₽74764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90 886
health
-
-
-
12 282
pensions
-
-
-
11 670
total
-
-
-
114 838
Employee
85 057
85 057
226 990
-
pensions
15 310
11 670
11 670
-
income

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

13 922
13 922
46 066
-
health
13 055
11 105
12 282
-
total
42 287
36 697
70 018
-
Employer
85 057
85 057
226 990
-
health
5 912
5 912
7 347
-
pensions
5 920
5 920
7 358
-
unemployment
3 062
3 062
3 805
-
total
14 894
14 894
18 510
-
Corporate
146 592
145 549
-
-
income
29 318
29 110
-
-
total
29 318
29 110
-
-
Dividends
117 274
116 438
-
-
income
24 920
24 744
-
-
withholding
17 592
17 465
-
-
total
42 512
42 209
-
-
Income
245 500
245 500
245 500
245 500
Total tax
129 011
122 910
88 528
114 838
After tax
116 489
122 590
156 972
130 662
Living cost
41 725
41 725
41 725
41 725
Free-cash
74 764
80 865
115 247
88 937

Estimated living cost  is ₽41725 per week

₽29570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93050
₽80094
₽81087
₽92131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
180
other
-
-
-
10 440
unemployment
-
-
-
90
health
-
-
-
5 606
municipal
-
-
-
65 447
national
-
-
-
31 945
pensions
-
-
-
9 712
total
-
-
-
123 420
Employee
58 411
-
217 272
-
municipal
17 418
-
64 790
-
national
-
-
31 394
-
total
17 418
-
96 184
-
Employer
58 411
-
217 272
-
health
3 592
-
5 525
-
pensions
6 314
-
9 712
-
accident
117
-
180
-
unemployment
1 542
-
2 372
-
other
6 787
-
10 440
-
total
18 352
-
28 229
-
Corporate
168 736
245 500
-
-
income
37 122
54 010
-
-
total
37 122
54 010
-
-
Dividends
131 614
191 490
-
-
withholding
39 484
57 447
-
-
total
39 484
57 447
-
-
Income
245 500
245 500
245 500
245 500
Total tax
112 376
111 457
124 413
123 420
After tax
133 124
134 043
121 087
122 080
Living cost
40 993
40 993
40 993
40 993
Free-cash
92 131
93 050
80 094
81 087

Estimated living cost  is ₽40993 per week

₽27168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83313
₽111312
₽78544
₽97311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 654
surtax

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

-
-
-
4 601
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.

-
-
-
6 805
trade
-
-
-
32 768
total
-
-
-
127 828
Employee

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

50 511
-
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.

238
-
4 601
-
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.

4 340
-
83 654
-
health

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

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

6 805
-
6 805
-
total
11 383
-
95 060
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 989
245 500
-
-
income
29 248
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.

1 609
2 026
-
-
chamber of commerce
429
501
-
-
trade
32 076
40 385
-
-
total
63 362
79 738
-
-
Dividends
131 628
165 762
-
-
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.

1 788
2 259
-
-
withholding
32 528
41 062
-
-
total
34 316
43 321
-
-
Income
245 500
245 500
245 500
245 500
Total tax
109 061
123 059
95 060
127 828
After tax
136 439
122 441
150 440
117 672
Living cost
39 128
39 128
39 128
39 128
Free-cash
97 311
83 313
111 312
78 544

Estimated living cost  is ₽39128 per week

₽26169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146560
₽130015
₽131986
₽142427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 833
social contributions
-
-
-
16 115
health
-
-
-
6 260
total
-
-
-
81 208
Employee
76 590
76 590
232 622
-
social contributions
3 722
6 357
8 574
-
income
8 043
7 090
57 773
-
health
762
1 302
3 954
-
total
12 527
14 749
70 301
-
Employer
76 590
76 590
232 622
-
health
830
1 418
4 304
-
social contributions
3 722
6 357
8 574
-
total
4 552
7 775
12 878
-
Corporate
196 116
161 136
-
-
income
24 515
20 141
-
-
total
24 515
20 141
-
-
Dividends
171 601
140 994
-
-
withholding
29 173
23 969
-
-
total
29 173
23 969
-
-
Income
245 500
245 500
245 500
245 500
Total tax
70 767
66 634
83 179
81 208
After tax
174 733
178 866
162 321
164 292
Living cost
32 306
32 306
32 306
32 306
Free-cash
142 427
146 560
130 015
131 986

Estimated living cost  is ₽32306 per week

₽22085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
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.
₽7156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119535
₽124086
₽151840
₽119913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

26 317
10 474
205 439
-
unemployment
395
157
3 082
-
pensions
2 632
1 047
20 544
-
income
3 217
1 280
25 115
-
health
1 842
733
14 381
-
total
8 086
3 217
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.

26 317
10 474
205 439
-
pensions
5 132
2 042
40 061
-
total
5 132
2 042
40 061
-
Corporate
214 051
232 984
-
-
income
19 265
20 969
-
-
total
19 265
20 969
-
-
Dividends
194 787
212 015
-
-
social contributions
37 864
41 223
-
-
withholding
37 009
40 283
-
-
total
74 873
81 506
-
-
Income
245 500
245 500
245 500
245 500
Total tax
107 356
107 734
103 183
75 429
After tax
138 144
137 766
142 317
170 071
Living cost
18 231
18 231
18 231
18 231
Free-cash
119 913
119 535
124 086
151 840

Estimated living cost  is ₽18231 per week

₽12441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172341
₽117446
₽107530
₽166154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 099
total
-
-
-
113 912
Employee
28 256
-
183 480
-
unemployment
452
-
2 935
-
pensions
565
-
3 669
-
income
3 181
-
35 376
-
total
4 198
-
41 980
-
Employer
28 256
-
183 480
-
health
3 673
-
23 852
-
pensions
5 652
-
36 695
-
unemployment
227
-
1 469
-
total
9 552
-
62 016
-
Corporate
207 693
245 500
-
-
income
41 538
49 101
-
-
total
41 538
49 101
-
-
Dividends
166 155
196 399
-
-
total
-
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
55 288
49 101
103 996
113 912
After tax
190 212
196 399
141 504
131 588
Living cost
24 058
24 058
24 058
24 058
Free-cash
166 154
172 341
117 446
107 530

Estimated living cost  is ₽24058 per week

₽16501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1433
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.
₽5640
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2283
₽113570
₽145411
₽16485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
70 902
other
-
-
-
373
health
-
-
-
2 198
pensions
-
-
-
4 193
total
-
-
-
77 920
Employee
34 873
-
225 123
-
pensions
3 927
-
7 688
-
income
4 784
-
55 919
-
health
3 993
-
25 777
-
total
12 704
-
89 384
-
Employer
34 873
-
225 123
-
pensions
5 671
-
11 102
-
accident
582
-
3 759
-
unemployment
854
-
5 516
-
total
7 107
-
20 377
-
Corporate
203 520
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.

183 168
220 950
-
-
total
183 168
220 950
-
-
Dividends
20 352
24 550
-
-
withholding
3 867
4 664
-
-
total
3 867
4 664
-
-
Income
245 500
245 500
245 500
245 500
Total tax
206 846
225 614
109 761
77 920
After tax
38 654
19 886
135 739
167 580
Living cost
22 169
22 169
22 169
22 169
Free-cash
16 485
-2 283
113 570
145 411

Estimated living cost  is ₽22169 per week

₽16248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽225080
₽188255
₽234900
₽223553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 181
-
245 500
-
income
2 036
-
49 100
-
total
2 036
-
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%.

235 319
245 500
-
-
total
-
-
-
-
Dividends
235 319
245 500
-
-
withholding
11 766
12 275
-
-
total
11 766
12 275
-
-
Income
245 500
245 500
245 500
245 500
Total tax
13 802
12 275
49 100
2 455
After tax
231 698
233 225
196 400
243 045
Living cost
8 145
8 145
8 145
8 145
Free-cash
223 553
225 080
188 255
234 900

Estimated living cost  is ₽8145 per week

₽5048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153827
₽122162
₽124142
₽147101
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 608
other
-
-
-
7 194
health
-
-
-
6 665
pensions

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

-
-
-
36 351
total
-
-
-
94 818
Employee
36 165
-
206 888
-
unemployment
361
-
1 514
-
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.

2 531
-
10 602
-
income
6 226
-
43 948
-
health
507
-
2 121
-
total
9 625
-
58 185
-
Employer
36 165
-
206 888
-
health
507
-
2 121
-
pensions

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

6 149
-
25 750
-
accident
289
-
1 656
-
unemployment
361
-
1 514
-
other
1 809
-
7 572
-
total
9 115
-
38 613
-
Corporate
200 221
245 500
-
-
income
42 046
51 556
-
-
total
42 046
51 556
-
-
Dividends
158 174
193 944
-
-
withholding
11 073
13 577
-
-
total
11 073
13 577
-
-
Income
245 500
245 500
245 500
245 500
Total tax
71 859
65 133
96 798
94 818
After tax
173 641
180 367
148 702
150 682
Living cost
26 540
26 540
26 540
26 540
Free-cash
147 101
153 827
122 162
124 142

Estimated living cost  is ₽26540 per week

₽18752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86748
₽69334
₽91162
₽94735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 688
pensions
-
-
-
10 338
total
-
-
-
88 026
Employee
93 822
-
213 804
-
pensions
9 051
-
12 198
-
income
16 912
-
63 136
-
health
1 546
-
2 824
-
total
27 509
-
78 158
-
Employer
93 822
-
213 804
-
health
1 782
-
4 062
-
pensions
11 078
-
27 634
-
total
12 860
-
31 696
-
Corporate
138 818
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.

26 376
46 645
-
-
total
26 376
46 645
-
-
Dividends
112 442
198 855
-
-
withholding
17 708
45 795
-
-
total
17 708
45 795
-
-
Income
245 500
245 500
245 500
245 500
Total tax
84 453
92 440
109 854
88 026
After tax
161 047
153 060
135 646
157 474
Living cost
66 312
66 312
66 312
66 312
Free-cash
94 735
86 748
69 334
91 162

Estimated living cost  is ₽66312 per week

₽49689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8294
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽196844
₽196711
₽186328
₽192220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
139
health
-
-
-
4 001
pensions

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

-
-
-
5 149
total
-
-
-
46 114
Employee
17 290
-
238 675
-
accident

We are using the highest rate at 1.1%.

190
-
383
-
pensions

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

1 518
-
3 055
-
income
1 729
-
23 868
-
health
795
-
1 600
-
total
4 232
-
28 906
-
Employer
17 290
-
238 675
-
health
1 193
-
2 400
-
pensions

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

1 906
-
3 833
-
accident

We are using the highest rate at 1.1%.

190
-
383
-
unemployment
103
-
209
-
total
3 392
-
6 825
-
Corporate
224 817
245 500
-
-
income
22 482
24 550
-
-
total
22 482
24 550
-
-
Dividends
202 335
220 950
-
-
withholding
10 116
11 048
-
-
total
10 116
11 048
-
-
Income
245 500
245 500
245 500
245 500
Total tax
40 222
35 598
35 731
46 114
After tax
205 278
209 902
209 769
199 386
Living cost
13 058
13 058
13 058
13 058
Free-cash
192 220
196 844
196 711
186 328

Estimated living cost  is ₽13058 per week

₽7623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽346
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67359
₽101741
₽75431
₽69862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90 886
health
-
-
-
12 282
pensions
-
-
-
11 670
total
-
-
-
114 838
Employee
92 345
85 057
226 990
-
pensions
11 670
11 670
11 670
-
income

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

13 922
13 922
46 066
-
health
11 520
11 105
12 282
-
total
37 112
36 697
70 018
-
Employer
92 345
85 057
226 990
-
health
6 417
5 912
7 347
-
pensions
6 427
5 920
7 358
-
unemployment
3 325
3 062
3 805
-
total
16 169
14 894
18 510
-
Corporate
136 987
145 549
-
-
income
27 398
29 110
-
-
total
27 398
29 110
-
-
Dividends
109 589
116 438
-
-
income
23 289
24 744
-
-
withholding
16 439
17 465
-
-
total
39 728
42 209
-
-
Income
245 500
245 500
245 500
245 500
Total tax
120 407
122 910
88 528
114 838
After tax
125 093
122 590
156 972
130 662
Living cost
55 231
55 231
55 231
55 231
Free-cash
69 862
67 359
101 741
75 431

Estimated living cost  is ₽55231 per week

₽40742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144277
₽110692
₽121647
₽135446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 512
social contributions
-
-
-
35 614
solidarity contribution
-
-
-
3 835
health
-
-
-
33 142
total
-
-
-
99 103
Employee
36 396
-
197 256
-
solidarity contribution
-
-
2 851
-
social contributions
2 366
-
7 928
-
income
4 368
-
24 405
-
health
4 914
-
26 630
-
total
11 648
-
61 814
-
Employer
36 396
-
197 256
-
health
3 276
-
17 753
-
social contributions
9 099
-
30 491
-
total
12 375
-
48 244
-
Corporate
196 729
245 500
-
-
income
37 378
46 645
-
-
total
37 378
46 645
-
-
Dividends
159 350
198 855
-
-
withholding
23 903
29 828
-
-
total
23 903
29 828
-
-
Income
245 500
245 500
245 500
245 500
Total tax
85 304
76 473
110 058
99 103
After tax
160 196
169 027
135 442
146 397
Living cost
24 750
24 750
24 750
24 750
Free-cash
135 446
144 277
110 692
121 647

Estimated living cost  is ₽24750 per week

₽17191
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.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88956
₽69186
₽77630
₽83754
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 851
regional
-
-
-
3 206
municipal
-
-
-
1 565
national
-
-
-
71 219
total
-
-
-
125 841
Employee
88 521
-
245 500
-
municipal
469
-
1 440
-
national
15 339
-
64 553
-
regional
835
-
2 936
-
social contributions
29 849
-
65 356
-
total
46 492
-
134 285
-
Employer
88 521
-
245 500
-
total
-
-
-
-
Corporate
156 979
245 500
-
-
municipal
6 122
9 574
-
-
nationa
37 675
58 920
-
-
total
43 797
68 494
-
-
Dividends
113 182
177 006
-
-
withholding
29 428
46 021
-
-
total
29 428
46 021
-
-
Income
245 500
245 500
245 500
245 500
Total tax
119 717
114 515
134 285
125 841
After tax
125 783
130 985
111 215
119 659
Living cost
42 029
42 029
42 029
42 029
Free-cash
83 754
88 956
69 186
77 630

Estimated living cost  is ₽42029 per week

₽29297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132440
₽87181
₽93269
₽129340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 175
other
-
-
-
-
surtax
-
-
-
13 825
unemployment
-
-
-
227
health
-
-
-
9 438
pensions
-
-
-
26 587
total
-
-
-
130 252
Employee
32 938
-
217 518
-
other
-
-
-
-
unemployment
2 293
-
9 252
-
pensions
2 196
-
8 867
-
surtax
108
-
12 634
-
income
5 521
-
74 217
-
health
841
-
3 389
-
total
10 959
-
108 359
-
Employer
32 938
-
217 518
-
health
1 499
-
6 048
-
pensions
4 391
-
17 720
-
unemployment
1 043
-
4 213
-
other
-
-
-
-
total
6 933
-
27 981
-
Corporate
205 629
245 500
-
-
income
53 463
63 831
-
-
total
53 463
63 831
-
-
Dividends
152 166
181 669
-
-
withholding
22 826
27 250
-
-
total
22 826
27 250
-
-
Income
245 500
245 500
245 500
245 500
Total tax
94 181
91 081
136 340
130 252
After tax
151 319
154 419
109 160
115 248
Living cost
21 979
21 979
21 979
21 979
Free-cash
129 340
132 440
87 181
93 269

Estimated living cost  is ₽21979 per week

₽13439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107757
₽90343
₽112171
₽114309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 688
pensions
-
-
-
10 338
total
-
-
-
88 026
Employee
62 877
-
213 804
-
pensions
5 337
-
12 198
-
income
11 324
-
63 136
-
health
913
-
2 824
-
total
17 574
-
78 158
-
Employer
62 877
-
213 804
-
health
1 194
-
4 062
-
pensions
6 806
-
27 634
-
total
8 000
-
31 696
-
Corporate
174 622
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.

33 179
46 645
-
-
total
33 179
46 645
-
-
Dividends
141 443
198 855
-
-
withholding
27 135
45 795
-
-
total
27 135
45 795
-
-
Income
245 500
245 500
245 500
245 500
Total tax
85 888
92 440
109 854
88 026
After tax
159 612
153 060
135 646
157 474
Living cost
45 303
45 303
45 303
45 303
Free-cash
114 309
107 757
90 343
112 171

Estimated living cost  is ₽45303 per week

₽33941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽33550
₽106868
₽115011
₽67226
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 147
health
-
-
-
552
city
-
-
-
2 588
national
-
-
-
6 996
pensions
-
-
-
22 585
total
-
-
-
51 778
Employee
92 112
-
221 312
-
unemployment
-
-
-
-
pensions
7 739
-
16 830
-
national
436
-
5 771
-
regional
3 016
-
12 673
-
city
989
-
2 398
-
health
208
-
497
-
total
12 388
-
38 169
-
Employer
92 112
-
221 312
-
health
208
-
497
-
pensions
7 739
-
16 830
-
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.

1 842
-
4 425
-
total
9 789
-
21 752
-
Corporate
142 587
245 500
-
-
regional
30 158
51 922
-
-
national
12 119
20 867
-
-
total
42 277
72 789
-
-
Dividends
100 309
172 711
-
-
withholding
35 109
60 450
-
-
total
35 109
60 450
-
-
Income
245 500
245 500
245 500
245 500
Total tax
99 563
133 239
59 921
51 778
After tax
145 937
112 261
185 579
193 722
Living cost
78 711
78 711
78 711
78 711
Free-cash
67 226
33 550
106 868
115 011

Estimated living cost  is ₽78711 per week

₽51185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7063
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽966
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽75552
₽104811
₽70650
₽91705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 654
surtax

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

-
-
-
4 601
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.

-
-
-
6 805
trade
-
-
-
34 161
total
-
-
-
129 221
Employee

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

59 860
-
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.

387
-
4 601
-
income

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

7 039
-
83 654
-
health

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

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

6 805
-
6 805
-
total
14 231
-
95 060
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
185 640
245 500
-
-
income
27 846
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.

1 531
2 026
-
-
chamber of commerce
412
497
-
-
trade
31 838
42 103
-
-
total
61 627
81 452
-
-
Dividends
124 014
164 048
-
-
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.

1 684
2 234
-
-
withholding
30 624
40 633
-
-
total
32 308
42 867
-
-
Income
245 500
245 500
245 500
245 500
Total tax
108 166
124 319
95 060
129 221
After tax
137 334
121 181
150 440
116 279
Living cost
45 629
45 629
45 629
45 629
Free-cash
91 705
75 552
104 811
70 650

Estimated living cost  is ₽45629 per week

₽33325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89654
₽89856
₽98408
₽95538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 744
other
-
-
-
7 610
surtax
-
-
-
-
social contributions
-
-
-
6 995
health
-
-
-
12 568
pensions
-
-
-
37 098
total
-
-
-
113 015
Employee
42 629
-
186 323
-
pensions
4 820
-
14 482
-
surtax
-
-
-
-
social contributions
1 215
-
5 308
-
income
2 516
-
42 600
-
total
8 551
-
62 390
-
Employer
42 629
-
186 323
-
health
2 985
-
19 046
-
pensions
7 003
-
24 108
-
unemployment
1 726
-
7 545
-
social contributions
129
-
559
-
other
1 471
-
7 919
-
total
13 314
-
59 177
-
Corporate
189 559
245 500
-
-
income
53 077
68 739
-
-
surtax
-
-
-
-
total
53 077
68 739
-
-
Dividends
136 482
176 761
-
-
surtax
-
-
-
-
social contributions
23 474
30 405
-
-
withholding
17 469
22 625
-
-
total
40 943
53 030
-
-
Income
245 500
245 500
245 500
245 500
Total tax
115 885
121 769
121 567
113 015
After tax
129 615
123 731
123 933
132 485
Living cost
34 078
34 078
34 078
34 078
Free-cash
95 538
89 654
89 856
98 408

Estimated living cost  is ₽34078 per week

₽21487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93030
₽93232
₽101784
₽98565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 744
other
-
-
-
7 610
surtax
-
-
-
-
social contributions
-
-
-
6 995
health
-
-
-
12 568
pensions
-
-
-
37 098
total
-
-
-
113 015
Employee
38 052
-
186 323
-
pensions
4 304
-
14 482
-
surtax
-
-
-
-
social contributions
1 085
-
5 308
-
income
1 962
-
42 600
-
total
7 351
-
62 390
-
Employer
38 052
-
186 323
-
health
2 663
-
19 046
-
pensions
6 253
-
24 108
-
unemployment
1 540
-
7 545
-
social contributions
113
-
559
-
other
1 314
-
7 919
-
total
11 883
-
59 177
-
Corporate
195 565
245 500
-
-
income
54 758
68 739
-
-
surtax
-
-
-
-
total
54 758
68 739
-
-
Dividends
140 807
176 761
-
-
surtax
-
-
-
-
social contributions
24 219
30 405
-
-
withholding
18 023
22 625
-
-
total
42 242
53 030
-
-
Income
245 500
245 500
245 500
245 500
Total tax
116 234
121 769
121 567
113 015
After tax
129 266
123 731
123 933
132 485
Living cost
30 701
30 701
30 701
30 701
Free-cash
98 565
93 030
93 232
101 784

Estimated living cost  is ₽30701 per week

₽17805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128656
₽129418
₽136538
₽129174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 879
health
-
-
-
17 136
total
-
-
-
87 841
Employee
33 771
-
245 500
-
social contributions
4 661
-
33 879
-
income
5 633
-
43 946
-
health
2 357
-
17 136
-
total
12 651
-
94 961
-
Employer
33 771
-
245 500
-
total
-
-
-
-
Corporate
211 729
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%.

10 587
12 275
-
-
total
10 587
12 275
-
-
Dividends
201 142
233 225
-
-
social contributions
27 757
32 186
-
-
withholding
30 171
34 983
-
-
health
14 040
16 280
-
-
total
71 968
83 449
-
-
Income
245 500
245 500
245 500
245 500
Total tax
95 206
95 724
94 961
87 841
After tax
150 294
149 776
150 539
157 659
Living cost
21 120
21 120
21 120
21 120
Free-cash
129 174
128 656
129 418
136 538

Estimated living cost  is ₽21120 per week

₽14135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100069
₽28758
₽90320
₽98530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 367
surtax
-
-
-
197
unemployment
-
-
-
6 109
chamber of commerce
-
-
-
983
health
-
-
-
8 901
pensions
-
-
-
21 527
total
-
-
-
120 084
Employee
49 777
39 693
205 321
-
other
497
397
1 164
-
unemployment
1 493
1 191
3 491
-
pensions
5 098
4 064
11 916
-
income
5 667
2 928
70 009
-
health
1 926
1 537
4 502
-
total
14 681
10 117
91 082
-
Employer
49 777
39 693
205 321
-
chamber of commerce
198
159
822
-
health
1 881
1 501
4 398
-
pensions
6 247
4 982
14 603
-
accident
646
516
1 512
-
unemployment
1 493
1 191
3 491
-
surtax
197
197
197
-
payroll
1 493
1 191
6 160
-
other
2 365
1 884
8 995
-
total
14 520
11 621
40 178
-
Corporate
181 203
194 186
201 541
-
income

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

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

45 301
48 547
50 386
-
total
45 301
48 547
50 386
-
Dividends
135 901
145 639
-
-
withholding
37 372
40 050
-
-
total
37 372
40 050
-
-
Income
245 500
245 500
245 500
245 500
Total tax
111 874
110 335
181 646
120 084
After tax
133 626
135 165
63 854
125 416
Living cost
35 096
35 096
35 096
35 096
Free-cash
98 530
100 069
28 758
90 320

Estimated living cost  is ₽35096 per week

₽23408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97210
₽46206
₽70568
₽85899
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 241
social contributions
-
-
-
24 833
national
-
-
-
100 541
total
-
-
-
138 615
Employee

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

71 247
-
190 147
-
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.

620
-
1 654
-
communal

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

3 716
-
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.

5 343
-
14 261
-
national
21 904
-
72 854
-
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.

3 347
-
8 937
-
total
34 930
-
107 624
-
Employer

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

71 247
-
190 147
-
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.

4 381
-
11 694
-
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.

6 313
-
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.

926
-
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.

1 040
-
2 777
-
surtax
8 079
-
21 563
-
total
20 739
-
55 353
-
Corporate
153 515
245 500
-
-
income
30 704
54 183
-
-
surtax
614
1 083
-
-
total
31 318
55 266
-
-
Dividends
122 197
190 234
-
-
withholding

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

36 297
56 707
-
-
total
36 297
56 707
-
-
Income
245 500
245 500
245 500
245 500
Total tax
123 284
111 973
162 977
138 615
After tax
122 216
133 527
82 523
106 885
Living cost
36 317
36 317
36 317
36 317
Free-cash
85 899
97 210
46 206
70 568

Estimated living cost  is ₽36317 per week

₽23393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126825
₽96838
₽101018
₽120001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
832
income
-
-
-
80 814
other
-
-
-
93
unemployment
-
-
-
646
pensions
-
-
-
26 126
total
-
-
-
108 511
Employee
49 580
-
216 068
-
other
49
-
93
-
unemployment
769
-
1 431
-
pensions
2 331
-
4 340
-
income
10 461
-
77 395
-
total
13 610
-
83 259
-
Employer
49 580
-
216 068
-
pensions
11 700
-
21 788
-
accident
981
-
1 828
-
unemployment
2 727
-
5 077
-
other
395
-
739
-
total
15 803
-
29 432
-
Corporate
180 117
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.

27 018
36 826
-
-
total
27 018
36 826
-
-
Dividends
153 099
208 674
-
-
withholding
33 097
45 878
-
-
total
33 097
45 878
-
-
Income
245 500
245 500
245 500
245 500
Total tax
89 528
82 704
112 691
108 511
After tax
155 972
162 796
132 809
136 989
Living cost
35 971
35 971
35 971
35 971
Free-cash
120 001
126 825
96 838
101 018

Estimated living cost  is ₽35971 per week

₽26489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2552
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.
₽6411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83023
₽69164
₽60525
₽69324
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 994
income
-
-
-
48 973
surtax
-
-
-
12 316
health
-
-
-
16 611
pensions
-
-
-
35 437
total
-
-
-
130 847
Employee
75 429
-
219 293
-
pensions
6 033
-
17 543
-
surtax
4 623
-
13 439
-
income
7 286
-
55 262
-
health
3 357
-
9 759
-
total
21 299
-
96 003
-
Employer
75 429
-
219 293
-
health
2 300
-
6 689
-
pensions
6 033
-
17 543
-
accident
679
-
1 973
-
total
9 012
-
26 205
-
Corporate
161 059
245 500
-
-
communal
10 872
16 571
-
-
income
24 158
36 826
-
-
surtax
1 692
2 578
-
-
total
36 722
55 975
-
-
Dividends
124 337
189 525
-
-
income
36 365
23 946
-
-
withholding
18 650
28 428
-
-
total
55 015
52 374
-
-
Income
245 500
245 500
245 500
245 500
Total tax
122 048
108 349
122 208
130 847
After tax
123 452
137 151
123 292
114 653
Living cost
54 128
54 128
54 128
54 128
Free-cash
69 324
83 023
69 164
60 525

Estimated living cost  is ₽54128 per week

₽40604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132047
₽86788
₽92876
₽128881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 175
other
-
-
-
-
surtax
-
-
-
13 825
unemployment
-
-
-
227
health
-
-
-
9 438
pensions
-
-
-
26 587
total
-
-
-
130 252
Employee
33 543
-
217 518
-
other
-
-
-
-
unemployment
2 334
-
9 252
-
pensions
2 238
-
8 867
-
surtax
119
-
12 634
-
income
5 623
-
74 217
-
health
856
-
3 389
-
total
11 170
-
108 359
-
Employer
33 543
-
217 518
-
health
1 525
-
6 048
-
pensions
4 472
-
17 720
-
unemployment
1 064
-
4 213
-
other
-
-
-
-
total
7 061
-
27 981
-
Corporate
204 896
245 500
-
-
income
53 272
63 831
-
-
total
53 272
63 831
-
-
Dividends
151 624
181 669
-
-
withholding
22 744
27 250
-
-
total
22 744
27 250
-
-
Income
245 500
245 500
245 500
245 500
Total tax
94 247
91 081
136 340
130 252
After tax
151 253
154 419
109 160
115 248
Living cost
22 372
22 372
22 372
22 372
Free-cash
128 881
132 047
86 788
92 876

Estimated living cost  is ₽22372 per week

₽13507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102209
₽83663
₽92062
₽99999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 851
regional
-
-
-
3 972
municipal
-
-
-
1 565
national
-
-
-
71 219
total
-
-
-
126 607
Employee
55 251
-
245 500
-
municipal
293
-
1 440
-
national
8 753
-
64 553
-
regional
744
-
3 657
-
social contributions
18 631
-
65 356
-
total
28 421
-
135 006
-
Employer
55 251
-
245 500
-
total
-
-
-
-
Corporate
190 249
245 500
-
-
municipal
9 455
12 201
-
-
nationa
45 660
58 920
-
-
total
55 115
71 121
-
-
Dividends
135 134
174 379
-
-
withholding
35 134
45 339
-
-
total
35 134
45 339
-
-
Income
245 500
245 500
245 500
245 500
Total tax
118 670
116 460
135 006
126 607
After tax
126 830
129 040
110 494
118 893
Living cost
26 831
26 831
26 831
26 831
Free-cash
99 999
102 209
83 663
92 062

Estimated living cost  is ₽26831 per week

₽16686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138529
₽104944
₽115899
₽127649
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 512
social contributions
-
-
-
35 614
solidarity contribution
-
-
-
3 835
health
-
-
-
33 142
total
-
-
-
99 103
Employee
44 850
-
197 256
-
solidarity contribution
-
-
2 851
-
social contributions
2 915
-
7 928
-
income
5 382
-
24 405
-
health
6 055
-
26 630
-
total
14 352
-
61 814
-
Employer
44 850
-
197 256
-
health
4 036
-
17 753
-
social contributions
11 213
-
30 491
-
total
15 249
-
48 244
-
Corporate
185 401
245 500
-
-
income
35 226
46 645
-
-
total
35 226
46 645
-
-
Dividends
150 175
198 855
-
-
withholding
22 526
29 828
-
-
total
22 526
29 828
-
-
Income
245 500
245 500
245 500
245 500
Total tax
87 353
76 473
110 058
99 103
After tax
158 147
169 027
135 442
146 397
Living cost
30 498
30 498
30 498
30 498
Free-cash
127 649
138 529
104 944
115 899

Estimated living cost  is ₽30498 per week

₽22680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103494
₽32124
₽93836
₽103004
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 367
surtax
-
-
-
-
unemployment
-
-
-
6 109
chamber of commerce
-
-
-
983
health
-
-
-
8 901
pensions
-
-
-
21 527
total
-
-
-
119 887
Employee
43 539
39 693
205 504
-
other
435
397
1 164
-
unemployment
1 306
1 191
3 491
-
pensions
4 459
4 064
11 916
-
income
3 879
2 928
70 100
-
health
1 684
1 537
4 502
-
total
11 763
10 117
91 173
-
Employer
43 539
39 693
205 504
-
chamber of commerce
174
159
822
-
health
1 646
1 501
4 398
-
pensions
5 464
4 982
14 603
-
accident
565
516
1 512
-
unemployment
1 306
1 191
3 491
-
surtax
-
-
-
-
payroll
1 306
1 191
6 166
-
other
2 068
1 884
9 003
-
total
12 529
11 424
39 995
-
Corporate
189 431
194 383
201 724
-
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.

47 358
48 596
50 431
-
total
47 358
48 596
50 431
-
Dividends
142 073
145 787
-
-
withholding
39 069
40 092
-
-
total
39 069
40 092
-
-
Income
245 500
245 500
245 500
245 500
Total tax
110 719
110 229
181 599
119 887
After tax
134 781
135 271
63 901
125 613
Living cost
31 777
31 777
31 777
31 777
Free-cash
103 004
103 494
32 124
93 836

Estimated living cost  is ₽31777 per week

₽19062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3245
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.
₽8903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽220532
₽183707
₽230352
₽218152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 866
-
245 500
-
income
3 173
-
49 100
-
total
3 173
-
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%.

229 634
245 500
-
-
total
-
-
-
-
Dividends
229 634
245 500
-
-
withholding
11 482
12 275
-
-
total
11 482
12 275
-
-
Income
245 500
245 500
245 500
245 500
Total tax
14 655
12 275
49 100
2 455
After tax
230 845
233 225
196 400
243 045
Living cost
12 693
12 693
12 693
12 693
Free-cash
218 152
220 532
183 707
230 352

Estimated living cost  is ₽12693 per week

₽8589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142310
₽79671
₽85000
₽133981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 423
unemployment
-
-
-
369
health
-
-
-
24 158
pensions
-
-
-
44 834
total
-
-
-
133 784
Employee

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

44 045
-
212 426
-
unemployment
62
-
297
-
pensions
6 827
-
32 926
-
income
7 595
-
59 095
-
health
2 845
-
13 723
-
total
17 329
-
106 041
-
Employer

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

44 045
-
212 426
-
health
2 934
-
14 146
-
pensions
3 897
-
18 799
-
unemployment
26
-
127
-
total
6 857
-
33 072
-
Corporate
194 598
245 500
-
-
income
36 973
46 645
-
-
total
36 973
46 645
-
-
Dividends
157 625
198 855
-
-
withholding
23 644
29 829
-
-
total
23 644
29 829
-
-
Income
245 500
245 500
245 500
245 500
Total tax
84 803
76 474
139 113
133 784
After tax
160 697
169 026
106 387
111 716
Living cost
26 716
26 716
26 716
26 716
Free-cash
133 981
142 310
79 671
85 000

Estimated living cost  is ₽26716 per week

₽18334
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.
₽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.
₽6152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105678
₽188497
₽125976
₽57522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 637
-
-
-
social contributions
5 136
-
732
-
income
13 816
-
-
-
total
18 952
-
732
-
Employer
62 637
-
-
-
social contributions
88 318
-
12 587
-
total
88 318
-
12 587
-
Corporate
94 545
245 500
-
-
income
20 800
54 010
-
-
total
20 800
54 010
-
-
Dividends
73 745
191 490
-
-
income
16 224
42 128
-
-
total
16 224
42 128
-
-
Income
245 500
245 500
245 500
245 500
Total tax
144 294
96 138
13 319
75 840
After tax
101 206
149 362
232 181
169 660
Living cost
43 684
43 684
43 684
43 684
Free-cash
57 522
105 678
188 497
125 976

Estimated living cost  is ₽43684 per week

₽28344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108398
₽75769
₽95739
₽107395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 207
surtax
-
-
-
-
social contributions

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

-
-
-
85 312
total
-
-
-
118 519
Employee
45 810
-
198 384
-
surtax
-
-
633
-
social contributions
5 039
-
21 822
-
income
9 529
-
68 918
-
total
14 568
-
91 373
-
Employer
45 810
-
198 384
-
social contributions
10 880
-
47 116
-
total
10 880
-
47 116
-
Corporate
188 811
245 500
-
-
income
39 650
51 556
-
-
surtax
-
-
-
-
total
39 650
51 556
-
-
Dividends
149 161
193 944
-
-
withholding
41 765
54 304
-
-
total
41 765
54 304
-
-
Income
245 500
245 500
245 500
245 500
Total tax
106 863
105 860
138 489
118 519
After tax
138 637
139 640
107 011
126 981
Living cost
31 242
31 242
31 242
31 242
Free-cash
107 395
108 398
75 769
95 739

Estimated living cost  is ₽31242 per week

₽23376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75624
₽75826
₽84378
₽82473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 744
other
-
-
-
7 610
surtax
-
-
-
-
social contributions
-
-
-
6 995
health
-
-
-
12 568
pensions
-
-
-
37 098
total
-
-
-
113 015
Employee
62 383
-
186 323
-
pensions
7 056
-
14 482
-
surtax
-
-
-
-
social contributions
1 777
-
5 308
-
income
5 443
-
42 600
-
total
14 276
-
62 390
-
Employer
62 383
-
186 323
-
health
4 366
-
19 046
-
pensions
10 250
-
24 108
-
unemployment
2 527
-
7 545
-
social contributions
187
-
559
-
other
2 153
-
7 919
-
total
19 483
-
59 177
-
Corporate
163 633
245 500
-
-
income
45 817
68 739
-
-
surtax
-
-
-
-
total
45 817
68 739
-
-
Dividends
117 816
176 761
-
-
surtax
-
-
-
-
social contributions
20 264
30 405
-
-
withholding
15 080
22 625
-
-
total
35 344
53 030
-
-
Income
245 500
245 500
245 500
245 500
Total tax
114 920
121 769
121 567
113 015
After tax
130 580
123 731
123 933
132 485
Living cost
48 107
48 107
48 107
48 107
Free-cash
82 473
75 624
75 826
84 378

Estimated living cost  is ₽48107 per week

₽32558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽191011
₽154973
₽148450
₽187663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 101
social contributions
-
-
-
54 009
total
-
-
-
67 110
Employee
32 021
-
212 553
-
income
-
-
13 825
-
social contributions
2 081
-
13 817
-
total
2 081
-
27 642
-
Employer
32 021
-
212 553
-
social contributions
4 964
-
32 945
-
total
4 964
-
32 945
-
Corporate
208 515
245 500
-
-
income
20 852
24 549
-
-
total
20 852
24 549
-
-
Dividends
187 663
220 951
-
-
total
-
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
27 897
24 549
60 587
67 110
After tax
217 603
220 951
184 913
178 390
Living cost
29 940
29 940
29 940
29 940
Free-cash
187 663
191 011
154 973
148 450

Estimated living cost  is ₽29940 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28591
₽28591
₽92792
₽14986
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 571
municipal
-
-
-
53 222
national
-
-
-
31 106
pensions
-
-
-
863
total
-
-
-
104 762
Employee
202 369
202 369
202 369
-
municipal
43 093
43 093
43 093
-
labour market
16 166
16 166
16 166
-
pensions
288
288
288
-
national
24 723
24 723
24 723
-
total
84 270
84 270
84 270
-
Employer
202 369
202 369
202 369
-
national
24 766
24 766
24 766
-
labour market
16 190
16 190
16 190
-
pensions
575
575
575
-
municipal
43 162
43 162
43 162
-
total
84 693
84 693
84 693
-
Corporate
28 591
-
-
-
income
6 290
-
-
-
total
6 290
-
-
-
Dividends
22 301
-
-
-
withholding
7 315
-
-
-
total
7 315
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
182 568
168 963
168 963
104 762
After tax
62 932
76 537
76 537
140 738
Living cost
47 946
47 946
47 946
47 946
Free-cash
14 986
28 591
28 591
92 792

Estimated living cost  is ₽47946 per week

₽32815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1956
₽113897
₽145738
₽16534
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
70 902
other
-
-
-
373
health
-
-
-
2 198
pensions
-
-
-
4 193
total
-
-
-
77 920
Employee
34 359
-
225 123
-
pensions
3 869
-
7 688
-
income
4 714
-
55 919
-
health
3 934
-
25 777
-
total
12 517
-
89 384
-
Employer
34 359
-
225 123
-
pensions
5 587
-
11 102
-
accident
574
-
3 759
-
unemployment
842
-
5 516
-
total
7 003
-
20 377
-
Corporate
204 139
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.

183 725
220 950
-
-
total
183 725
220 950
-
-
Dividends
20 414
24 550
-
-
withholding
3 879
4 664
-
-
total
3 879
4 664
-
-
Income
245 500
245 500
245 500
245 500
Total tax
207 124
225 614
109 761
77 920
After tax
38 376
19 886
135 739
167 580
Living cost
21 842
21 842
21 842
21 842
Free-cash
16 534
-1 956
113 897
145 738

Estimated living cost  is ₽21842 per week

₽15898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110897
₽81805
₽109927
₽114320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 364
municipal
-
-
-
43 585
national
-
-
-
50 384
total
-
-
-
97 333
Employee
52 403
-
206 529
-
municipal
8 583
-
33 611
-
unemployment
786
-
3 098
-
pensions
3 536
-
13 940
-
national
866
-
33 069
-
health
391
-
2 765
-
total
14 162
-
86 483
-
Employer
52 403
-
206 529
-
health
403
-
1 590
-
pensions
9 092
-
35 834
-
accident
53
-
206
-
unemployment
340
-
1 342
-
total
9 888
-
38 972
-
Corporate
183 209
245 500
-
-
income
36 643
49 101
-
-
total
36 643
49 101
-
-
Dividends

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

109 925
147 300
-
-
municipal
19 786
26 513
-
-
national
12 461
20 749
-
-
total
32 247
47 262
-
-
Income
245 500
245 500
245 500
245 500
Total tax
92 940
96 363
125 455
97 333
After tax
152 560
149 137
120 045
148 167
Living cost
38 240
38 240
38 240
38 240
Free-cash
114 320
110 897
81 805
109 927

Estimated living cost  is ₽38240 per week

₽24978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155805
₽139260
₽141231
₽150383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 833
social contributions
-
-
-
16 115
health
-
-
-
6 260
total
-
-
-
81 208
Employee
76 590
76 590
232 622
-
social contributions
2 896
6 357
8 574
-
income
8 339
7 090
57 773
-
health
594
1 302
3 954
-
total
11 829
14 749
70 301
-
Employer
76 590
76 590
232 622
-
health
645
1 418
4 304
-
social contributions
2 896
6 357
8 574
-
total
3 541
7 775
12 878
-
Corporate
207 070
161 136
-
-
income
25 884
20 141
-
-
total
25 884
20 141
-
-
Dividends
181 187
140 994
-
-
withholding
30 802
23 969
-
-
total
30 802
23 969
-
-
Income
245 500
245 500
245 500
245 500
Total tax
72 056
66 634
83 179
81 208
After tax
173 444
178 866
162 321
164 292
Living cost
23 061
23 061
23 061
23 061
Free-cash
150 383
155 805
139 260
141 231

Estimated living cost  is ₽23061 per week

₽13821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6468
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽187484
₽174183
₽194160
₽182417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 557
unemployment
-
-
-
28
health
-
-
-
3 605
pensions
-
-
-
6 336
total
-
-
-
35 526
Employee

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

22 862
-
235 766
-
unemployment
113
-
473
-
pensions
3 429
-
14 176
-
income
1 563
-
23 086
-
health
1 943
-
8 033
-
total
7 048
-
45 768
-
Employer

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

22 862
-
235 766
-
health
983
-
4 064
-
pensions
1 257
-
5 198
-
unemployment
113
-
473
-
total
2 353
-
9 735
-
Corporate
220 284
245 500
-
-
income
19 826
22 096
-
-
total
19 826
22 096
-
-
Dividends
200 459
223 404
-
-
withholding
18 042
20 106
-
-
total
18 042
20 106
-
-
Income
245 500
245 500
245 500
245 500
Total tax
47 269
42 202
55 503
35 526
After tax
198 231
203 298
189 997
209 974
Living cost
15 814
15 814
15 814
15 814
Free-cash
182 417
187 484
174 183
194 160

Estimated living cost  is ₽15814 per week

₽10090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1140
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.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135406
₽105419
₽109599
₽131007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
832
income
-
-
-
80 814
other
-
-
-
93
unemployment
-
-
-
646
pensions
-
-
-
26 126
total
-
-
-
108 511
Employee
36 829
-
216 068
-
other
36
-
93
-
unemployment
571
-
1 431
-
pensions
1 731
-
4 340
-
income
7 100
-
77 395
-
total
9 438
-
83 259
-
Employer
36 829
-
216 068
-
pensions
8 691
-
21 788
-
accident
730
-
1 828
-
unemployment
2 026
-
5 077
-
other
295
-
739
-
total
11 742
-
29 432
-
Corporate
196 929
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.

29 539
36 826
-
-
total
29 539
36 826
-
-
Dividends
167 390
208 674
-
-
withholding
36 384
45 878
-
-
total
36 384
45 878
-
-
Income
245 500
245 500
245 500
245 500
Total tax
87 103
82 704
112 691
108 511
After tax
158 397
162 796
132 809
136 989
Living cost
27 390
27 390
27 390
27 390
Free-cash
131 007
135 406
105 419
109 599

Estimated living cost  is ₽27390 per week

₽18488
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.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151240
₽156338
₽156477
₽150919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
84 615
health
-
-
-
1 032
pensions
-
-
-
1 424
total
-
-
-
87 071
Employee
2 973
-
243 898
-
unemployment
30
-
71
-
pensions
268
-
641
-
income
575
-
84 541
-
health
149
-
356
-
total
1 022
-
85 609
-
Employer
2 973
-
243 898
-
health
282
-
676
-
pensions
327
-
783
-
unemployment
59
-
142
-
total
668
-
1 601
-
Corporate
241 858
245 500
-
-
income
53 209
54 010
-
-
total
53 209
54 010
-
-
Dividends
188 649
191 490
-
-
withholding
37 730
38 298
-
-
total
37 730
38 298
-
-
Income
245 500
245 500
245 500
245 500
Total tax
92 629
92 308
87 210
87 071
After tax
152 871
153 192
158 290
158 429
Living cost
1 952
1 952
1 952
1 952
Free-cash
150 919
151 240
156 338
156 477

Estimated living cost  is ₽1952 per week

₽1160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160152
₽143245
₽143244
₽155252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 215
unemployment
-
-
-
1 104
health
-
-
-
7 580
pensions
-
-
-
19 135
total
-
-
-
85 034
Employee

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

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

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

25 969
-
232 327
-
unemployment
195
-
552
-
pensions
3 636
-
10 303
-
income
3 580
-
57 215
-
health
1 337
-
3 790
-
total
8 748
-
71 860
-
Employer

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

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

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

25 969
-
232 327
-
health
1 337
-
3 790
-
pensions
3 116
-
8 831
-
unemployment
195
-
552
-
total
4 648
-
13 173
-
Corporate
214 882
245 500
-
-
income
32 232
36 825
-
-
total
32 232
36 825
-
-
Dividends
182 650
208 675
-
-
withholding
27 398
31 301
-
-
total
27 398
31 301
-
-
Income
245 500
245 500
245 500
245 500
Total tax
73 026
68 126
85 033
85 034
After tax
172 474
177 374
160 467
160 466
Living cost
17 222
17 222
17 222
17 222
Free-cash
155 252
160 152
143 245
143 244

Estimated living cost  is ₽17222 per week

₽11595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1332
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.
₽3796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112788
₽80159
₽100129
₽112428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 207
surtax
-
-
-
-
social contributions

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

-
-
-
85 312
total
-
-
-
118 519
Employee
38 658
-
198 384
-
surtax
-
-
633
-
social contributions
4 253
-
21 822
-
income
7 554
-
68 918
-
total
11 807
-
91 373
-
Employer
38 658
-
198 384
-
social contributions
9 180
-
47 116
-
total
9 180
-
47 116
-
Corporate
197 661
245 500
-
-
income
41 510
51 556
-
-
surtax
-
-
-
-
total
41 510
51 556
-
-
Dividends
156 152
193 944
-
-
withholding
43 723
54 304
-
-
total
43 723
54 304
-
-
Income
245 500
245 500
245 500
245 500
Total tax
106 220
105 860
138 489
118 519
After tax
139 280
139 640
107 011
126 981
Living cost
26 852
26 852
26 852
26 852
Free-cash
112 428
112 788
80 159
100 129

Estimated living cost  is ₽26852 per week

₽19019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1866
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.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127791
₽97804
₽101984
₽121272
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
832
income
-
-
-
80 814
other
-
-
-
93
unemployment
-
-
-
646
pensions
-
-
-
26 126
total
-
-
-
108 511
Employee
48 104
-
216 068
-
other
47
-
93
-
unemployment
745
-
1 431
-
pensions
2 261
-
4 340
-
income
10 047
-
77 395
-
total
13 100
-
83 259
-
Employer
48 104
-
216 068
-
pensions
11 352
-
21 788
-
accident
953
-
1 828
-
unemployment
2 646
-
5 077
-
other
386
-
739
-
total
15 337
-
29 432
-
Corporate
182 060
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.

27 309
36 826
-
-
total
27 309
36 826
-
-
Dividends
154 751
208 674
-
-
withholding
33 477
45 878
-
-
total
33 477
45 878
-
-
Income
245 500
245 500
245 500
245 500
Total tax
89 223
82 704
112 691
108 511
After tax
156 277
162 796
132 809
136 989
Living cost
35 005
35 005
35 005
35 005
Free-cash
121 272
127 791
97 804
101 984

Estimated living cost  is ₽35005 per week

₽25139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽192770
₽192637
₽182254
₽186701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
139
health
-
-
-
4 001
pensions

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

-
-
-
5 149
total
-
-
-
46 114
Employee
22 685
-
238 675
-
accident

We are using the highest rate at 1.1%.

249
-
383
-
pensions

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

1 992
-
3 055
-
income
2 269
-
23 868
-
health
1 044
-
1 600
-
total
5 554
-
28 906
-
Employer
22 685
-
238 675
-
health
1 565
-
2 400
-
pensions

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

2 500
-
3 833
-
accident

We are using the highest rate at 1.1%.

249
-
383
-
unemployment
136
-
209
-
total
4 450
-
6 825
-
Corporate
218 364
245 500
-
-
income
21 837
24 550
-
-
total
21 837
24 550
-
-
Dividends
196 527
220 950
-
-
withholding
9 826
11 048
-
-
total
9 826
11 048
-
-
Income
245 500
245 500
245 500
245 500
Total tax
41 667
35 598
35 731
46 114
After tax
203 833
209 902
209 769
199 386
Living cost
17 132
17 132
17 132
17 132
Free-cash
186 701
192 770
192 637
182 254

Estimated living cost  is ₽17132 per week

₽11331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87777
₽111986
₽83401
₽100805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 654
surtax

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

-
-
-
4 601
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.

-
-
-
6 805
trade
-
-
-
28 585
total
-
-
-
123 645
Employee

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

49 559
-
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.

225
-
4 601
-
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.

4 075
-
83 654
-
health

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

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

6 805
-
6 805
-
total
11 105
-
95 060
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
195 941
245 500
-
-
income
29 392
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.

1 616
2 026
-
-
chamber of commerce
439
510
-
-
trade
28 118
35 229
-
-
total
59 565
74 591
-
-
Dividends
136 377
170 909
-
-
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.

1 854
2 329
-
-
withholding
33 717
42 349
-
-
total
35 571
44 678
-
-
Income
245 500
245 500
245 500
245 500
Total tax
106 241
119 269
95 060
123 645
After tax
139 259
126 231
150 440
121 855
Living cost
38 454
38 454
38 454
38 454
Free-cash
100 805
87 777
111 986
83 401

Estimated living cost  is ₽38454 per week

₽26526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
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.
₽7232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115112
₽64445
₽64445
₽117310
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
81 736
social contributions
-
-
-
42 581
total
-
-
-
124 317
Employee
77 912
-
245 500
-
income
14 702
-
81 736
-
social contributions
6 473
-
42 581
-
total
21 175
-
124 317
-
Employer
77 912
-
245 500
-
total
-
-
-
-
Corporate
167 588
245 500
-
-
income
20 949
30 687
-
-
total
20 949
30 687
-
-
Dividends
146 640
214 813
-
-
withholding
29 328
42 963
-
-
total
29 328
42 963
-
-
Income
245 500
245 500
245 500
245 500
Total tax
71 452
73 650
124 317
124 317
After tax
174 048
171 850
121 183
121 183
Living cost
56 738
56 738
56 738
56 738
Free-cash
117 310
115 112
64 445
64 445

Estimated living cost  is ₽56738 per week

₽43165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
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.
₽8407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118157
₽134125
₽166458
₽121637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 060
total
-
-
-
42 886
Employee
45 692
-
240 918
-
income
4 958
-
66 055
-
social contributions
4 578
-
4 582
-
total
9 536
-
70 637
-
Employer
45 692
-
240 918
-
social contributions
4 578
-
4 582
-
total
4 578
-
4 582
-
Corporate
195 230
245 500
-
-
income
68 331
85 925
-
-
total
68 331
85 925
-
-
Dividends
126 899
159 575
-
-
social contributions
5 262
5 262
-
-
total
5 262
5 262
-
-
Income
245 500
245 500
245 500
245 500
Total tax
87 707
91 187
75 219
42 886
After tax
157 793
154 313
170 281
202 614
Living cost
36 156
36 156
36 156
36 156
Free-cash
121 637
118 157
134 125
166 458

Estimated living cost  is ₽36156 per week

₽23816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2850
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.
₽8935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116230
₽98816
₽120644
₽122102
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 688
pensions
-
-
-
10 338
total
-
-
-
88 026
Employee
50 554
-
213 804
-
pensions
3 859
-
12 198
-
income
9 206
-
63 136
-
health
659
-
2 824
-
total
13 724
-
78 158
-
Employer
50 554
-
213 804
-
health
961
-
4 062
-
pensions
5 108
-
27 634
-
total
6 069
-
31 696
-
Corporate
188 877
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.

35 886
46 645
-
-
total
35 886
46 645
-
-
Dividends
152 991
198 855
-
-
withholding
30 889
45 795
-
-
total
30 889
45 795
-
-
Income
245 500
245 500
245 500
245 500
Total tax
86 568
92 440
109 854
88 026
After tax
158 932
153 060
135 646
157 474
Living cost
36 830
36 830
36 830
36 830
Free-cash
122 102
116 230
98 816
120 644

Estimated living cost  is ₽36830 per week

₽25265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3387
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.
₽7715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4118
₽111735
₽143576
₽16205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
70 902
other
-
-
-
373
health
-
-
-
2 198
pensions
-
-
-
4 193
total
-
-
-
77 920
Employee
37 760
-
225 123
-
pensions
4 252
-
7 688
-
income
5 180
-
55 919
-
health
4 323
-
25 777
-
total
13 755
-
89 384
-
Employer
37 760
-
225 123
-
pensions
6 139
-
11 102
-
accident
631
-
3 759
-
unemployment
925
-
5 516
-
total
7 695
-
20 377
-
Corporate
200 045
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.

180 040
220 950
-
-
total
180 040
220 950
-
-
Dividends
20 005
24 550
-
-
withholding
3 801
4 664
-
-
total
3 801
4 664
-
-
Income
245 500
245 500
245 500
245 500
Total tax
205 291
225 614
109 761
77 920
After tax
40 209
19 886
135 739
167 580
Living cost
24 004
24 004
24 004
24 004
Free-cash
16 205
-4 118
111 735
143 576

Estimated living cost  is ₽24004 per week

₽17616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1399
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.
₽4505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174359
₽168621
₽146726
₽171346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 537
unemployment
-
-
-
1 911
work injury
-
-
-
796
health insurance
-
-
-
11 783
pensions
-
-
-
29 298
total
-
-
-
85 325
Employee

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

21 518
-
245 500
-
health insurance
1 592
-
5 891
-
unemployment
258
-
955
-
work injury
108
-
398
-
pensions
3 959
-
14 649
-
income
2 152
-
41 537
-
total
8 069
-
63 430
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
223 982
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%.

22 398
24 550
-
-
total
22 398
24 550
-
-
Dividends
201 584
220 950
-
-
withholding
30 238
33 142
-
-
total
30 238
33 142
-
-
Income
245 500
245 500
245 500
245 500
Total tax
60 705
57 692
63 430
85 325
After tax
184 795
187 808
182 070
160 175
Living cost
13 449
13 449
13 449
13 449
Free-cash
171 346
174 359
168 621
146 726

Estimated living cost  is ₽13449 per week

₽8332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89635
₽68624
₽76807
₽85104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 851
regional
-
-
-
6 182
municipal
-
-
-
1 762
national
-
-
-
71 219
total
-
-
-
129 014
Employee
83 932
-
245 500
-
municipal
501
-
1 622
-
national
14 184
-
64 553
-
regional
1 267
-
5 666
-
social contributions
28 301
-
65 356
-
total
44 253
-
137 197
-
Employer
83 932
-
245 500
-
total
-
-
-
-
Corporate
161 568
245 500
-
-
municipal
7 787
11 832
-
-
nationa
38 777
58 920
-
-
total
46 564
70 752
-
-
Dividends
115 004
174 748
-
-
withholding
29 900
45 434
-
-
total
29 900
45 434
-
-
Income
245 500
245 500
245 500
245 500
Total tax
120 717
116 186
137 197
129 014
After tax
124 783
129 314
108 303
116 486
Living cost
39 679
39 679
39 679
39 679
Free-cash
85 104
89 635
68 624
76 807

Estimated living cost  is ₽39679 per week

₽27872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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