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
₽89512
₽95539
₽105817
₽121374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 348
trade
-
-
-
31 862
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.

-
-
-
4 673
income

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

-
-
-
84 958
total
-
-
-
127 841
Employee

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

35 543
-
245 500
-
health

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

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

6 348
-
6 348
-
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.

55
-
4 673
-
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.

993
-
84 958
-
total
7 396
-
95 979
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
209 957
245 500
-
-
trade
33 068
38 666
-
-
chamber of commerce
443
494
-
-
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.

1 732
2 026
-
-
income
31 494
36 825
-
-
total
66 737
78 011
-
-
Dividends
143 221
167 490
-
-
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.

1 950
2 284
-
-
withholding
35 453
41 519
-
-
total
37 403
43 803
-
-
Income
245 500
245 500
245 500
245 500
Total tax
111 536
121 814
95 979
127 841
After tax
133 964
123 686
149 521
117 659
Living cost
28 147
28 147
28 147
28 147
Free-cash
105 817
95 539
121 374
89 512

Estimated living cost  is ₽28147 per week

₽17705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88950
₽104385
₽103574
₽90268
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
27 432
social contributions
-
-
-
2 639
national
-
-
-
48 212
pensions
-
-
-
29 460
total
-
-
-
107 743
Employee
75 660
-
212 233
-
pensions
3 026
-
8 489
-
national
14 481
-
50 294
-
municipal
9 345
-
28 382
-
total
26 852
-
87 165
-
Employer
75 660
-
212 233
-
pensions
6 053
-
16 979
-
social contributions
813
-
2 281
-
total
6 866
-
19 260
-
Corporate
157 980
245 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

31 596
49 100
-
-
total
31 596
49 100
-
-
Dividends
126 384
196 400
-
-
withholding
27 805
43 208
-
-
total
27 805
43 208
-
-
Income
245 500
245 500
245 500
245 500
Total tax
93 119
92 308
106 425
107 743
After tax
152 381
153 192
139 075
137 757
Living cost
48 807
48 807
48 807
48 807
Free-cash
103 574
104 385
90 268
88 950

Estimated living cost  is ₽48807 per week

₽33174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽731
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72413
₽177067
₽169443
₽89323
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
245 500
social contributions

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

-
-
-
35 604
income
-
-
-
55 547
microenterprise
-
-
-
-
surtax
-
-
-
62 603
total
-
-
-
153 754
Employee
27 154
-
197 135
-
surtax
-
-
28 584
-
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.

2 987
-
12 182
-
income
4 834
-
47 714
-
total
7 821
-
88 480
-
Employer
27 154
-
197 135
-
surtax
-
-
21 685
-
social contributions

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

6 541
-
26 679
-
total
6 541
-
48 364
-
Corporate
211 806
245 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

42 362
49 100
-
-
total
42 362
49 100
-
-
Dividends

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

169 444
196 400
-
-
total
-
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
56 724
49 100
136 844
153 754
After tax
188 776
196 400
108 656
91 746
Living cost
19 333
19 333
19 333
19 333
Free-cash
169 443
177 067
89 323
72 413

Estimated living cost  is ₽19333 per week

₽12334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90916
₽83838
₽78145
₽118014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 459
pensions
-
-
-
10 888
income
-
-
-
93 309
total
-
-
-
115 656
Employee
79 356
79 356
228 230
-
health
12 180
10 360
11 459
-
pensions
14 284
10 888
10 888
-
income

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

12 989
12 989
48 941
-
total
39 453
34 237
71 288
-
Employer
79 356
79 356
228 230
-
health
5 516
5 516
6 855
-
pensions
5 523
5 523
6 865
-
unemployment
2 857
2 857
3 550
-
total
13 896
13 896
17 270
-
Corporate
153 222
152 248
-
-
income
30 644
30 450
-
-
total
30 644
30 450
-
-
Dividends
122 578
121 798
-
-
income
26 048
25 882
-
-
withholding
18 386
18 269
-
-
total
44 434
44 151
-
-
Income
245 500
245 500
245 500
245 500
Total tax
128 427
122 734
88 558
115 656
After tax
117 073
122 766
156 942
129 844
Living cost
38 928
38 928
38 928
38 928
Free-cash
78 145
83 838
118 014
90 916

Estimated living cost  is ₽38928 per week

₽27588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82648
₽95194
₽94323
₽81705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 313
accident
-
-
-
170
other
-
-
-
9 894
municipal
-
-
-
65 853
pensions
-
-
-
9 204
national
-
-
-
33 484
unemployment
-
-
-
85
total
-
-
-
124 003
Employee
55 356
-
218 748
-
national
-
-
32 963
-
municipal
16 507
-
65 231
-
total
16 507
-
98 194
-
Employer
55 356
-
218 748
-
health
3 404
-
5 236
-
accident
111
-
170
-
pensions
5 984
-
9 204
-
other
6 432
-
9 894
-
unemployment
1 461
-
2 248
-
total
17 392
-
26 752
-
Corporate
172 752
245 500
-
-
income
38 005
54 010
-
-
total
38 005
54 010
-
-
Dividends
134 746
191 490
-
-
withholding
40 424
57 447
-
-
total
40 424
57 447
-
-
Income
245 500
245 500
245 500
245 500
Total tax
112 328
111 457
124 946
124 003
After tax
133 172
134 043
120 554
121 497
Living cost
38 849
38 849
38 849
38 849
Free-cash
94 323
95 194
81 705
82 648

Estimated living cost  is ₽38849 per week

₽25747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79737
₽85917
₽98976
₽113015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 348
trade
-
-
-
33 278
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.

-
-
-
4 673
income

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

-
-
-
84 958
total
-
-
-
129 257
Employee

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

47 125
-
245 500
-
health

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

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

6 348
-
6 348
-
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.

222
-
4 673
-
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.

4 049
-
84 958
-
total
10 619
-
95 979
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
198 375
245 500
-
-
trade
32 633
40 385
-
-
chamber of commerce
423
490
-
-
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.

1 636
2 026
-
-
income
29 757
36 825
-
-
total
64 449
79 726
-
-
Dividends
133 926
165 774
-
-
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.

1 822
2 261
-
-
withholding
33 128
41 090
-
-
total
34 950
43 351
-
-
Income
245 500
245 500
245 500
245 500
Total tax
110 018
123 077
95 979
129 257
After tax
135 482
122 423
149 521
116 243
Living cost
36 506
36 506
36 506
36 506
Free-cash
98 976
85 917
113 015
79 737

Estimated living cost  is ₽36506 per week

₽24415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133561
₽148685
₽144833
₽131625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 260
social contributions
-
-
-
15 035
income
-
-
-
60 503
total
-
-
-
81 798
Employee
71 456
71 456
233 188
-
health
711
1 215
3 964
-
social contributions
3 472
5 931
7 999
-
income
7 504
6 615
59 459
-
total
11 687
13 761
71 422
-
Employer
71 456
71 456
233 188
-
health
774
1 323
4 313
-
social contributions
3 472
5 931
7 999
-
total
4 246
7 254
12 312
-
Corporate
199 426
166 791
-
-
income
24 928
20 849
-
-
total
24 928
20 849
-
-
Dividends
174 498
145 941
-
-
withholding
29 665
24 810
-
-
total
29 665
24 810
-
-
Income
245 500
245 500
245 500
245 500
Total tax
70 526
66 674
83 734
81 798
After tax
174 974
178 826
161 766
163 702
Living cost
30 141
30 141
30 141
30 141
Free-cash
144 833
148 685
131 625
133 561

Estimated living cost  is ₽30141 per week

₽20604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153030
₽120701
₽121054
₽125277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
17 185
pensions
-
-
-
24 550
unemployment
-
-
-
3 683
income
-
-
-
30 012
total
-
-
-
75 430
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.

24 598
9 790
205 439
-
health
1 722
685
14 381
-
pensions
2 460
979
20 544
-
unemployment
369
147
3 082
-
income
3 007
1 197
25 115
-
total
7 558
3 008
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.

24 598
9 790
205 439
-
pensions
4 797
1 909
40 061
-
total
4 797
1 909
40 061
-
Corporate
216 106
233 802
-
-
income
19 450
21 042
-
-
total
19 450
21 042
-
-
Dividends
196 656
212 759
-
-
social contributions
38 236
41 376
-
-
withholding
37 365
40 424
-
-
total
75 601
81 800
-
-
Income
245 500
245 500
245 500
245 500
Total tax
107 406
107 759
103 183
75 430
After tax
138 094
137 741
142 317
170 070
Living cost
17 040
17 040
17 040
17 040
Free-cash
121 054
120 701
125 277
153 030

Estimated living cost  is ₽17040 per week

₽11628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽340
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109143
₽173955
₽168182
₽119058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
31 915
pensions
-
-
-
49 100
income
-
-
-
32 897
total
-
-
-
113 912
Employee
26 362
-
183 483
-
pensions
527
-
3 670
-
unemployment
421
-
2 936
-
income
2 968
-
35 375
-
total
3 916
-
41 981
-
Employer
26 362
-
183 483
-
health
3 426
-
23 853
-
pensions
5 273
-
36 696
-
unemployment
212
-
1 467
-
total
8 911
-
62 016
-
Corporate
210 227
245 500
-
-
income
42 046
49 100
-
-
total
42 046
49 100
-
-
Dividends
168 181
196 400
-
-
total
-
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
54 873
49 100
103 997
113 912
After tax
190 627
196 400
141 503
131 588
Living cost
22 445
22 445
22 445
22 445
Free-cash
168 182
173 955
119 058
109 143

Estimated living cost  is ₽22445 per week

₽15395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146919
-₽730
₽16724
₽115560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 044
accident
-
-
-
237
other
-
-
-
347
pensions
-
-
-
3 899
income
-
-
-
71 438
total
-
-
-
77 965
Employee
32 431
-
225 870
-
health
3 713
-
25 862
-
pensions
3 652
-
7 150
-
income
4 449
-
56 682
-
total
11 814
-
89 694
-
Employer
32 431
-
225 870
-
accident
541
-
3 772
-
pensions
5 273
-
10 324
-
unemployment
795
-
5 534
-
total
6 609
-
19 630
-
Corporate
206 460
245 500
-
-
income

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

185 814
220 950
-
-
total
185 814
220 950
-
-
Dividends
20 646
24 550
-
-
withholding
3 923
4 664
-
-
total
3 923
4 664
-
-
Income
245 500
245 500
245 500
245 500
Total tax
208 160
225 614
109 324
77 965
After tax
37 340
19 886
136 176
167 535
Living cost
20 616
20 616
20 616
20 616
Free-cash
16 724
-730
115 560
146 919

Estimated living cost  is ₽20616 per week

₽15110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and 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

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
₽235369
₽225549
₽224110
₽188724
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
245 500
microenterprise

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

-
-
-
2 455
total
-
-
-
2 455
Employee
9 595
-
245 500
-
income
1 919
-
49 100
-
total
1 919
-
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%.

235 905
245 500
-
-
total
-
-
-
-
Dividends
235 905
245 500
-
-
withholding
11 795
12 275
-
-
total
11 795
12 275
-
-
Income
245 500
245 500
245 500
245 500
Total tax
13 714
12 275
49 100
2 455
After tax
231 786
233 225
196 400
243 045
Living cost
7 676
7 676
7 676
7 676
Free-cash
224 110
225 549
188 724
235 369

Estimated living cost  is ₽7676 per week

₽4757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128162
₽155607
₽149329
₽126218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 218
other
-
-
-
6 712
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.

-
-
-
33 915
income
-
-
-
45 732
total
-
-
-
92 577
Employee
33 741
-
209 346
-
health
473
-
1 979
-
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.

2 361
-
9 891
-
unemployment
337
-
1 413
-
income
5 809
-
45 083
-
total
8 980
-
58 366
-
Employer
33 741
-
209 346
-
health
473
-
1 979
-
accident
270
-
1 675
-
pensions

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

5 737
-
24 024
-
other
1 688
-
7 064
-
unemployment
337
-
1 413
-
total
8 505
-
36 155
-
Corporate
203 256
245 500
-
-
income
42 685
51 555
-
-
total
42 685
51 555
-
-
Dividends
160 571
193 945
-
-
withholding
11 240
13 577
-
-
total
11 240
13 577
-
-
Income
245 500
245 500
245 500
245 500
Total tax
71 410
65 132
94 521
92 577
After tax
174 090
180 368
150 979
152 923
Living cost
24 761
24 761
24 761
24 761
Free-cash
149 329
155 607
126 218
128 162

Estimated living cost  is ₽24761 per week

₽17495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94572
₽89793
₽97264
₽72804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
pensions
-
-
-
9 990
income
-
-
-
78 877
total
-
-
-
88 867
Employee
87 807
-
213 698
-
health
1 447
-
2 780
-
pensions
8 471
-
11 688
-
income
15 828
-
64 365
-
total
25 746
-
78 833
-
Employer
87 807
-
213 698
-
health
1 668
-
4 061
-
pensions
10 368
-
27 741
-
total
12 036
-
31 802
-
Corporate
145 657
245 500
-
-
income

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

27 675
46 645
-
-
total
27 675
46 645
-
-
Dividends
117 982
198 855
-
-
withholding
20 718
47 001
-
-
total
20 718
47 001
-
-
Income
245 500
245 500
245 500
245 500
Total tax
86 175
93 646
110 635
88 867
After tax
159 325
151 854
134 865
156 633
Living cost
62 061
62 061
62 061
62 061
Free-cash
97 264
89 793
72 804
94 572

Estimated living cost  is ₽62061 per week

₽46504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽187177
₽197340
₽192892
₽197633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 849
pensions

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

-
-
-
4 953
unemployment
-
-
-
134
income
-
-
-
36 825
total
-
-
-
45 761
Employee
16 634
-
238 934
-
health
765
-
1 539
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 460
-
2 939
-
income
1 663
-
23 893
-
total
4 071
-
28 739
-
Employer
16 634
-
238 934
-
health
1 148
-
2 309
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 833
-
3 688
-
unemployment
99
-
201
-
total
3 263
-
6 566
-
Corporate
225 602
245 500
-
-
income
22 560
24 550
-
-
total
22 560
24 550
-
-
Dividends
203 042
220 950
-
-
withholding
10 152
11 048
-
-
total
10 152
11 048
-
-
Income
245 500
245 500
245 500
245 500
Total tax
40 046
35 598
35 305
45 761
After tax
205 454
209 902
210 195
199 739
Living cost
12 562
12 562
12 562
12 562
Free-cash
192 892
197 340
197 633
187 177

Estimated living cost  is ₽12562 per week

₽7334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78315
₽71237
₽73573
₽105413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 459
pensions
-
-
-
10 888
income
-
-
-
93 309
total
-
-
-
115 656
Employee
86 155
79 356
228 230
-
health
10 748
10 360
11 459
-
pensions
10 888
10 888
10 888
-
income

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

12 989
12 989
48 941
-
total
34 625
34 237
71 288
-
Employer
86 155
79 356
228 230
-
health
5 987
5 516
6 855
-
pensions
5 996
5 523
6 865
-
unemployment
3 102
2 857
3 550
-
total
15 085
13 896
17 270
-
Corporate
144 260
152 248
-
-
income
28 852
30 450
-
-
total
28 852
30 450
-
-
Dividends
115 409
121 798
-
-
income
24 524
25 882
-
-
withholding
17 312
18 269
-
-
total
41 836
44 151
-
-
Income
245 500
245 500
245 500
245 500
Total tax
120 398
122 734
88 558
115 656
After tax
125 102
122 766
156 942
129 844
Living cost
51 529
51 529
51 529
51 529
Free-cash
73 573
71 237
105 413
78 315

Estimated living cost  is ₽51529 per week

₽38011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124785
₽146042
₽137843
₽113635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
33 142
social contributions
-
-
-
33 075
solidarity contribution
-
-
-
4 621
income
-
-
-
26 892
total
-
-
-
97 730
Employee
33 802
-
199 250
-
health
4 563
-
26 899
-
solidarity contribution
-
-
3 620
-
social contributions
2 197
-
7 363
-
income
4 056
-
24 748
-
total
10 816
-
62 630
-
Employer
33 802
-
199 250
-
health
3 042
-
17 932
-
social contributions
8 450
-
28 318
-
total
11 492
-
46 250
-
Corporate
200 206
245 500
-
-
income
38 039
46 645
-
-
total
38 039
46 645
-
-
Dividends
162 166
198 855
-
-
withholding
24 325
29 828
-
-
total
24 325
29 828
-
-
Income
245 500
245 500
245 500
245 500
Total tax
84 672
76 473
108 880
97 730
After tax
160 828
169 027
136 620
147 770
Living cost
22 985
22 985
22 985
22 985
Free-cash
137 843
146 042
113 635
124 785

Estimated living cost  is ₽22985 per week

₽15966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81387
₽91772
₽86920
₽73509
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
regional
-
-
-
3 277
municipal
-
-
-
1 592
social contributions
-
-
-
46 510
national
-
-
-
73 522
total
-
-
-
124 901
Employee
82 588
-
245 500
-
regional
779
-
3 027
-
national
14 310
-
67 301
-
social contributions
27 849
-
60 975
-
municipal
437
-
1 476
-
total
43 375
-
132 779
-
Employer
82 588
-
245 500
-
total
-
-
-
-
Corporate
162 912
245 500
-
-
nationa
39 099
58 921
-
-
municipal
6 354
9 574
-
-
total
45 453
68 495
-
-
Dividends
117 459
177 005
-
-
withholding
30 540
46 021
-
-
total
30 540
46 021
-
-
Income
245 500
245 500
245 500
245 500
Total tax
119 368
114 516
132 779
124 901
After tax
126 132
130 984
112 721
120 599
Living cost
39 212
39 212
39 212
39 212
Free-cash
86 920
91 772
73 509
81 387

Estimated living cost  is ₽39212 per week

₽27334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8704
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94587
₽133913
₽131022
₽88907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 805
other
-
-
-
-
pensions
-
-
-
24 805
unemployment
-
-
-
212
income
-
-
-
82 206
surtax
-
-
-
14 379
total
-
-
-
130 407
Employee
30 730
-
219 394
-
health
785
-
3 162
-
pensions
2 049
-
8 272
-
unemployment
2 139
-
8 632
-
surtax
101
-
13 268
-
income
5 151
-
76 647
-
other
-
-
-
-
total
10 225
-
109 981
-
Employer
30 730
-
219 394
-
health
1 398
-
5 643
-
pensions
4 097
-
16 532
-
other
-
-
-
-
unemployment
973
-
3 931
-
total
6 468
-
26 106
-
Corporate
208 301
245 500
-
-
income
54 158
63 830
-
-
total
54 158
63 830
-
-
Dividends
154 144
181 670
-
-
withholding
23 121
27 251
-
-
total
23 121
27 251
-
-
Income
245 500
245 500
245 500
245 500
Total tax
93 972
91 081
136 087
130 407
After tax
151 528
154 419
109 413
115 093
Living cost
20 506
20 506
20 506
20 506
Free-cash
131 022
133 913
88 907
94 587

Estimated living cost  is ₽20506 per week

₽12538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114234
₽109455
₽115587
₽92466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
pensions
-
-
-
9 990
income
-
-
-
78 877
total
-
-
-
88 867
Employee
58 846
-
213 698
-
health
854
-
2 780
-
pensions
4 995
-
11 688
-
income
10 598
-
64 365
-
total
16 447
-
78 833
-
Employer
58 846
-
213 698
-
health
1 118
-
4 061
-
pensions
6 370
-
27 741
-
total
7 488
-
31 802
-
Corporate
179 166
245 500
-
-
income

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

34 041
46 645
-
-
total
34 041
46 645
-
-
Dividends
145 125
198 855
-
-
withholding
29 538
47 001
-
-
total
29 538
47 001
-
-
Income
245 500
245 500
245 500
245 500
Total tax
87 514
93 646
110 635
88 867
After tax
157 986
151 854
134 865
156 633
Living cost
42 399
42 399
42 399
42 399
Free-cash
115 587
109 455
92 466
114 234

Estimated living cost  is ₽42399 per week

₽31765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7012
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽117052
₽36274
₽68786
₽109466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
552
city
-
-
-
2 588
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
-
-
-
14 409
pensions
-
-
-
22 586
national
-
-
-
7 416
total
-
-
-
52 461
Employee
88 924
-
221 505
-
health
201
-
498
-
regional
2 912
-
12 898
-
pensions
7 471
-
16 632
-
unemployment
-
-
-
-
national
421
-
6 057
-
city
954
-
2 402
-
total
11 959
-
38 487
-
Employer
88 924
-
221 505
-
health
201
-
498
-
pensions
7 471
-
16 632
-
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.

1 778
-
4 430
-
unemployment
-
-
-
-
total
9 450
-
21 560
-
Corporate
146 149
245 500
-
-
national
12 422
20 867
-
-
regional
30 910
51 923
-
-
total
43 332
72 790
-
-
Dividends
102 817
172 710
-
-
withholding
35 986
60 449
-
-
total
35 986
60 449
-
-
Income
245 500
245 500
245 500
245 500
Total tax
100 727
133 239
60 047
52 461
After tax
144 773
112 261
185 453
193 039
Living cost
75 987
75 987
75 987
75 987
Free-cash
68 786
36 274
109 466
117 052

Estimated living cost  is ₽75987 per week

₽49413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽933
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽72257
₽78591
₽93662
₽106951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 348
trade
-
-
-
34 694
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.

-
-
-
4 673
income

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

-
-
-
84 958
total
-
-
-
130 673
Employee

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

55 847
-
245 500
-
health

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

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

6 348
-
6 348
-
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.

362
-
4 673
-
income

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

6 567
-
84 958
-
total
13 277
-
95 979
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 653
245 500
-
-
trade
32 525
42 103
-
-
chamber of commerce
407
487
-
-
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.

1 564
2 026
-
-
income
28 448
36 825
-
-
total
62 944
81 441
-
-
Dividends
126 708
164 060
-
-
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.

1 723
2 236
-
-
withholding
31 324
40 662
-
-
total
33 047
42 898
-
-
Income
245 500
245 500
245 500
245 500
Total tax
109 268
124 339
95 979
130 673
After tax
136 232
121 161
149 521
114 827
Living cost
42 570
42 570
42 570
42 570
Free-cash
93 662
78 591
106 951
72 257

Estimated living cost  is ₽42570 per week

₽31092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3405
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.
₽7521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99387
₽91938
₽97427
₽89887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 935
other
-
-
-
7 611
pensions
-
-
-
35 979
social contributions
-
-
-
6 996
income
-
-
-
50 799
surtax
-
-
-
-
total
-
-
-
114 320
Employee
39 771
-
185 668
-
pensions
4 497
-
14 707
-
surtax
-
-
-
-
social contributions
1 134
-
5 290
-
income
2 347
-
43 991
-
total
7 978
-
63 988
-
Employer
39 771
-
185 668
-
health
2 785
-
19 307
-
pensions
6 534
-
24 440
-
other
1 372
-
8 009
-
social contributions
120
-
557
-
unemployment
1 610
-
7 519
-
total
12 421
-
59 832
-
Corporate
193 309
245 500
-
-
surtax
-
-
-
-
income
54 126
68 740
-
-
total
54 126
68 740
-
-
Dividends
139 183
176 760
-
-
social contributions
23 939
30 404
-
-
surtax
-
-
-
-
withholding
17 816
22 625
-
-
total
41 755
53 029
-
-
Income
245 500
245 500
245 500
245 500
Total tax
116 280
121 769
123 820
114 320
After tax
129 220
123 731
121 680
131 180
Living cost
31 793
31 793
31 793
31 793
Free-cash
97 427
91 938
89 887
99 387

Estimated living cost  is ₽31793 per week

₽20047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8622
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102537
₽95088
₽100252
₽93037
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 935
other
-
-
-
7 611
pensions
-
-
-
35 979
social contributions
-
-
-
6 996
income
-
-
-
50 799
surtax
-
-
-
-
total
-
-
-
114 320
Employee
35 501
-
185 668
-
pensions
4 015
-
14 707
-
surtax
-
-
-
-
social contributions
1 012
-
5 290
-
income
1 830
-
43 991
-
total
6 857
-
63 988
-
Employer
35 501
-
185 668
-
health
2 485
-
19 307
-
pensions
5 834
-
24 440
-
other
1 226
-
8 009
-
social contributions
106
-
557
-
unemployment
1 437
-
7 519
-
total
11 088
-
59 832
-
Corporate
198 912
245 500
-
-
surtax
-
-
-
-
income
55 695
68 740
-
-
total
55 695
68 740
-
-
Dividends
143 216
176 760
-
-
social contributions
24 634
30 404
-
-
surtax
-
-
-
-
withholding
18 331
22 625
-
-
total
42 965
53 029
-
-
Income
245 500
245 500
245 500
245 500
Total tax
116 605
121 769
123 820
114 320
After tax
128 895
123 731
121 680
131 180
Living cost
28 643
28 643
28 643
28 643
Free-cash
100 252
95 088
93 037
102 537

Estimated living cost  is ₽28643 per week

₽16612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137954
₽130072
₽130553
₽70694
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
17 136
social contributions
-
-
-
33 880
income
-
-
-
36 825
total
-
-
-
87 841
Employee
31 508
-
245 500
-
health
2 199
-
17 136
-
social contributions
4 349
-
33 880
-
income
5 255
-
104 085
-
total
11 803
-
155 101
-
Employer
31 508
-
245 500
-
total
-
-
-
-
Corporate
213 992
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%.

10 699
12 275
-
-
total
10 699
12 275
-
-
Dividends
203 293
233 225
-
-
social contributions
28 055
32 185
-
-
health
14 191
16 279
-
-
withholding
30 494
34 984
-
-
total
72 740
83 448
-
-
Income
245 500
245 500
245 500
245 500
Total tax
95 242
95 723
155 101
87 841
After tax
150 258
149 777
90 399
157 659
Living cost
19 705
19 705
19 705
19 705
Free-cash
130 553
130 072
70 694
137 954

Estimated living cost  is ₽19705 per week

₽13187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4848
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92430
₽102310
₽100874
₽30663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 304
pensions
-
-
-
20 084
unemployment
-
-
-
5 700
income
-
-
-
85 073
chamber of commerce
-
-
-
982
surtax
-
-
-
183
total
-
-
-
120 326
Employee
46 441
37 033
206 894
-
health
1 797
1 434
4 201
-
pensions
4 756
3 791
11 117
-
unemployment
1 393
1 111
3 257
-
income
5 287
2 732
72 984
-
other
464
370
1 086
-
total
13 697
9 438
92 645
-
Employer
46 441
37 033
206 894
-
payroll
1 393
1 111
6 207
-
health
1 755
1 400
4 104
-
surtax
183
183
183
-
accident
603
481
1 411
-
pensions
5 828
4 648
13 625
-
chamber of commerce
185
148
827
-
other
2 206
1 758
8 992
-
unemployment
1 393
1 111
3 257
-
total
13 546
10 840
38 606
-
Corporate
185 512
197 626
203 367
-
income

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

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

46 377
49 407
50 842
-
total
46 377
49 407
50 842
-
Dividends
139 135
148 219
-
-
withholding
38 262
40 761
-
-
total
38 262
40 761
-
-
Income
245 500
245 500
245 500
245 500
Total tax
111 882
110 446
182 093
120 326
After tax
133 618
135 054
63 407
125 174
Living cost
32 744
32 744
32 744
32 744
Free-cash
100 874
102 310
30 663
92 430

Estimated living cost  is ₽32744 per week

₽21839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73079
₽98806
₽89313
₽47985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
social contributions
-
-
-
23 168
national
-
-
-
102 030
communal

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

-
-
-
13 341
total
-
-
-
138 539
Employee

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

66 471
-
190 148
-
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.

3 123
-
8 937
-
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.

4 985
-
14 261
-
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.

578
-
1 654
-
national
20 436
-
73 512
-
communal

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

3 467
-
9 918
-
total
32 589
-
108 282
-
Employer

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

66 471
-
190 148
-
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.

4 088
-
11 694
-
surtax
7 537
-
21 564
-
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.

864
-
2 471
-
pensions

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

5 890
-
16 846
-
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.

970
-
2 776
-
total
19 349
-
55 351
-
Corporate
159 680
245 500
-
-
surtax
638
1 106
-
-
income
31 936
55 323
-
-
total
32 574
56 429
-
-
Dividends
127 106
189 071
-
-
withholding

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

37 793
56 383
-
-
total
37 793
56 383
-
-
Income
245 500
245 500
245 500
245 500
Total tax
122 305
112 812
163 633
138 539
After tax
123 195
132 688
81 867
106 961
Living cost
33 882
33 882
33 882
33 882
Free-cash
89 313
98 806
47 985
73 079

Estimated living cost  is ₽33882 per week

₽21825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103298
₽129094
₽122728
₽99399
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
776
other
-
-
-
86
pensions
-
-
-
24 375
unemployment
-
-
-
603
income
-
-
-
82 802
total
-
-
-
108 642
Employee
46 257
-
218 041
-
pensions
2 174
-
4 049
-
unemployment
718
-
1 335
-
other
46
-
86
-
income
9 760
-
79 612
-
total
12 698
-
85 082
-
Employer
46 257
-
218 041
-
accident
915
-
1 705
-
pensions
10 916
-
20 327
-
other
369
-
690
-
unemployment
2 545
-
4 737
-
total
14 745
-
27 459
-
Corporate
184 499
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.

27 674
36 825
-
-
total
27 674
36 825
-
-
Dividends
156 825
208 675
-
-
withholding
34 095
46 021
-
-
total
34 095
46 021
-
-
Income
245 500
245 500
245 500
245 500
Total tax
89 212
82 846
112 541
108 642
After tax
156 288
162 654
132 959
136 858
Living cost
33 560
33 560
33 560
33 560
Free-cash
122 728
129 094
99 399
103 298

Estimated living cost  is ₽33560 per week

₽24713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64895
₽85333
₽72553
₽71349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 420
accident
-
-
-
1 850
pensions
-
-
-
32 896
communal
-
-
-
15 515
income
-
-
-
51 836
surtax
-
-
-
12 588
total
-
-
-
130 105
Employee
70 373
-
219 295
-
health
3 132
-
9 759
-
pensions
5 629
-
17 543
-
surtax
4 313
-
13 439
-
income
6 797
-
56 705
-
total
19 871
-
97 446
-
Employer
70 373
-
219 295
-
health
2 146
-
6 689
-
accident
633
-
1 973
-
pensions
5 629
-
17 543
-
total
8 408
-
26 205
-
Corporate
166 719
245 500
-
-
communal
11 254
16 571
-
-
surtax
1 751
2 578
-
-
income
25 008
36 825
-
-
total
38 013
55 974
-
-
Dividends
128 706
189 526
-
-
income
36 849
25 264
-
-
withholding
19 306
28 429
-
-
total
56 155
53 693
-
-
Income
245 500
245 500
245 500
245 500
Total tax
122 447
109 667
123 651
130 105
After tax
123 053
135 833
121 849
115 395
Living cost
50 500
50 500
50 500
50 500
Free-cash
72 553
85 333
71 349
64 895

Estimated living cost  is ₽50500 per week

₽37883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94221
₽133547
₽130592
₽88541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 805
other
-
-
-
-
pensions
-
-
-
24 805
unemployment
-
-
-
212
income
-
-
-
82 206
surtax
-
-
-
14 379
total
-
-
-
130 407
Employee
31 294
-
219 394
-
health
799
-
3 162
-
pensions
2 088
-
8 272
-
unemployment
2 178
-
8 632
-
surtax
111
-
13 268
-
income
5 246
-
76 647
-
other
-
-
-
-
total
10 422
-
109 981
-
Employer
31 294
-
219 394
-
health
1 423
-
5 643
-
pensions
4 172
-
16 532
-
other
-
-
-
-
unemployment
993
-
3 931
-
total
6 588
-
26 106
-
Corporate
207 617
245 500
-
-
income
53 981
63 830
-
-
total
53 981
63 830
-
-
Dividends
153 636
181 670
-
-
withholding
23 045
27 251
-
-
total
23 045
27 251
-
-
Income
245 500
245 500
245 500
245 500
Total tax
94 036
91 081
136 087
130 407
After tax
151 464
154 419
109 413
115 093
Living cost
20 872
20 872
20 872
20 872
Free-cash
130 592
133 547
88 541
94 221

Estimated living cost  is ₽20872 per week

₽12602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94805
₽104007
₽101946
₽86970
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
regional
-
-
-
4 039
municipal
-
-
-
1 592
social contributions
-
-
-
46 510
national
-
-
-
73 522
total
-
-
-
125 663
Employee
51 548
-
245 500
-
regional
694
-
3 746
-
national
8 167
-
67 301
-
social contributions
17 382
-
60 975
-
municipal
273
-
1 476
-
total
26 516
-
133 498
-
Employer
51 548
-
245 500
-
total
-
-
-
-
Corporate
193 952
245 500
-
-
nationa
46 548
58 921
-
-
municipal
9 639
12 201
-
-
total
56 187
71 122
-
-
Dividends
137 765
174 378
-
-
withholding
35 819
45 339
-
-
total
35 819
45 339
-
-
Income
245 500
245 500
245 500
245 500
Total tax
118 522
116 461
133 498
125 663
After tax
126 978
129 039
112 002
119 837
Living cost
25 032
25 032
25 032
25 032
Free-cash
101 946
104 007
86 970
94 805

Estimated living cost  is ₽25032 per week

₽15568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2536
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6500
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119446
₽140703
₽130599
₽108296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
33 142
social contributions
-
-
-
33 075
solidarity contribution
-
-
-
4 621
income
-
-
-
26 892
total
-
-
-
97 730
Employee
41 653
-
199 250
-
health
5 623
-
26 899
-
solidarity contribution
-
-
3 620
-
social contributions
2 707
-
7 363
-
income
4 998
-
24 748
-
total
13 328
-
62 630
-
Employer
41 653
-
199 250
-
health
3 749
-
17 932
-
social contributions
10 413
-
28 318
-
total
14 162
-
46 250
-
Corporate
189 685
245 500
-
-
income
36 040
46 645
-
-
total
36 040
46 645
-
-
Dividends
153 645
198 855
-
-
withholding
23 047
29 828
-
-
total
23 047
29 828
-
-
Income
245 500
245 500
245 500
245 500
Total tax
86 577
76 473
108 880
97 730
After tax
158 923
169 027
136 620
147 770
Living cost
28 324
28 324
28 324
28 324
Free-cash
130 599
140 703
108 296
119 446

Estimated living cost  is ₽28324 per week

₽21063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95710
₽105507
₽105045
₽33802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 304
pensions
-
-
-
20 084
unemployment
-
-
-
5 700
income
-
-
-
85 073
chamber of commerce
-
-
-
982
surtax
-
-
-
-
total
-
-
-
120 143
Employee
40 621
37 033
207 065
-
health
1 571
1 434
4 201
-
pensions
4 160
3 791
11 117
-
unemployment
1 219
1 111
3 257
-
income
3 619
2 732
73 069
-
other
406
370
1 086
-
total
10 975
9 438
92 730
-
Employer
40 621
37 033
207 065
-
payroll
1 219
1 111
6 213
-
health
1 536
1 400
4 104
-
surtax
-
-
-
-
accident
527
481
1 411
-
pensions
5 098
4 648
13 625
-
chamber of commerce
162
148
829
-
other
1 929
1 758
8 997
-
unemployment
1 219
1 111
3 257
-
total
11 690
10 657
38 436
-
Corporate
193 189
197 809
203 538
-
income

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

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

48 298
49 453
50 885
-
total
48 298
49 453
50 885
-
Dividends
144 891
148 356
-
-
withholding
39 845
40 798
-
-
total
39 845
40 798
-
-
Income
245 500
245 500
245 500
245 500
Total tax
110 808
110 346
182 051
120 143
After tax
134 692
135 154
63 449
125 357
Living cost
29 647
29 647
29 647
29 647
Free-cash
105 045
105 507
33 802
95 710

Estimated living cost  is ₽29647 per week

₽17785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽231083
₽221263
₽219019
₽184438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
245 500
microenterprise

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

-
-
-
2 455
total
-
-
-
2 455
Employee
14 952
-
245 500
-
income
2 991
-
49 100
-
total
2 991
-
49 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

230 548
245 500
-
-
total
-
-
-
-
Dividends
230 548
245 500
-
-
withholding
11 528
12 275
-
-
total
11 528
12 275
-
-
Income
245 500
245 500
245 500
245 500
Total tax
14 519
12 275
49 100
2 455
After tax
230 981
233 225
196 400
243 045
Living cost
11 962
11 962
11 962
11 962
Free-cash
219 019
221 263
184 438
231 083

Estimated living cost  is ₽11962 per week

₽8095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85205
₽144101
₽136328
₽79877
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
24 158
pensions
-
-
-
44 834
unemployment
-
-
-
369
income
-
-
-
66 009
total
-
-
-
135 370
Employee

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

41 092
-
212 426
-
health
2 654
-
13 721
-
pensions
6 370
-
32 926
-
unemployment
58
-
298
-
income
7 086
-
60 680
-
total
16 168
-
107 625
-
Employer

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

41 092
-
212 426
-
health
2 737
-
14 146
-
pensions
3 636
-
18 800
-
unemployment
25
-
127
-
total
6 398
-
33 073
-
Corporate
198 010
245 500
-
-
income
37 622
46 645
-
-
total
37 622
46 645
-
-
Dividends
160 388
198 855
-
-
withholding
24 059
29 829
-
-
total
24 059
29 829
-
-
Income
245 500
245 500
245 500
245 500
Total tax
84 247
76 474
140 698
135 370
After tax
161 253
169 026
104 802
110 130
Living cost
24 925
24 925
24 925
24 925
Free-cash
136 328
144 101
79 877
85 205

Estimated living cost  is ₽24925 per week

₽17106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5740
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127391
₽107093
₽60496
₽190344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
social contributions
-
-
-
27 987
income
-
-
-
47 853
total
-
-
-
75 840
Employee
60 608
-
-
-
social contributions
4 970
-
708
-
income
13 369
-
-
-
total
18 339
-
708
-
Employer
60 608
-
-
-
social contributions
85 457
-
12 179
-
total
85 457
-
12 179
-
Corporate
99 435
245 500
-
-
income
21 876
54 010
-
-
total
21 876
54 010
-
-
Dividends
77 559
191 490
-
-
income
17 063
42 128
-
-
total
17 063
42 128
-
-
Income
245 500
245 500
245 500
245 500
Total tax
142 735
96 138
12 887
75 840
After tax
102 765
149 362
232 613
169 660
Living cost
42 269
42 269
42 269
42 269
Free-cash
60 496
107 093
190 344
127 391

Estimated living cost  is ₽42269 per week

₽27426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3975
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.
₽10329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97079
₽110493
₽109557
₽76548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
245 500
social contributions

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

-
-
-
85 311
income
-
-
-
33 962
surtax
-
-
-
-
total
-
-
-
119 273
Employee
42 739
-
198 384
-
surtax
-
-
887
-
social contributions
4 701
-
21 823
-
income
8 890
-
69 978
-
total
13 591
-
92 688
-
Employer
42 739
-
198 384
-
social contributions
10 150
-
47 116
-
total
10 150
-
47 116
-
Corporate
192 610
245 500
-
-
surtax
-
-
-
-
income
40 449
51 555
-
-
total
40 449
51 555
-
-
Dividends
152 162
193 945
-
-
withholding
42 605
54 304
-
-
total
42 605
54 304
-
-
Income
245 500
245 500
245 500
245 500
Total tax
106 795
105 859
139 804
119 273
After tax
138 705
139 641
105 696
126 227
Living cost
29 148
29 148
29 148
29 148
Free-cash
109 557
110 493
76 548
97 079

Estimated living cost  is ₽29148 per week

₽21809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
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.
₽5133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86298
₽78849
₽85236
₽76798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 935
other
-
-
-
7 611
pensions
-
-
-
35 979
social contributions
-
-
-
6 996
income
-
-
-
50 799
surtax
-
-
-
-
total
-
-
-
114 320
Employee
58 202
-
185 668
-
pensions
6 583
-
14 707
-
surtax
-
-
-
-
social contributions
1 658
-
5 290
-
income
5 078
-
43 991
-
total
13 319
-
63 988
-
Employer
58 202
-
185 668
-
health
4 074
-
19 307
-
pensions
9 563
-
24 440
-
other
2 009
-
8 009
-
social contributions
175
-
557
-
unemployment
2 358
-
7 519
-
total
18 179
-
59 832
-
Corporate
169 120
245 500
-
-
surtax
-
-
-
-
income
47 354
68 740
-
-
total
47 354
68 740
-
-
Dividends
121 766
176 760
-
-
social contributions
20 945
30 404
-
-
surtax
-
-
-
-
withholding
15 585
22 625
-
-
total
36 530
53 029
-
-
Income
245 500
245 500
245 500
245 500
Total tax
115 382
121 769
123 820
114 320
After tax
130 118
123 731
121 680
131 180
Living cost
44 882
44 882
44 882
44 882
Free-cash
85 236
78 849
76 798
86 298

Estimated living cost  is ₽44882 per week

₽30376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10219
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150051
₽193018
₽189894
₽156574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 506
social contributions
-
-
-
54 010
total
-
-
-
67 516
Employee
29 875
-
212 555
-
social contributions
1 942
-
13 817
-
income
-
-
14 231
-
total
1 942
-
28 048
-
Employer
29 875
-
212 555
-
social contributions
4 631
-
32 945
-
total
4 631
-
32 945
-
Corporate
210 994
245 500
-
-
income
21 100
24 549
-
-
total
21 100
24 549
-
-
Dividends
189 894
220 951
-
-
total
-
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
27 673
24 549
60 993
67 516
After tax
217 827
220 951
184 507
177 984
Living cost
27 933
27 933
27 933
27 933
Free-cash
189 894
193 018
156 574
150 051

Estimated living cost  is ₽27933 per week

₽18061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95363
₽43340
₽21518
₽43340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
53 576
labour market
-
-
-
19 576
national
-
-
-
31 495
pensions
-
-
-
804
total
-
-
-
105 451
Employee
188 608
188 608
188 608
-
pensions
268
268
268
-
labour market
15 067
15 067
15 067
-
national
23 042
23 042
23 042
-
municipal
40 163
40 163
40 163
-
total
78 540
78 540
78 540
-
Employer
188 608
188 608
188 608
-
municipal
40 227
40 227
40 227
-
labour market
15 089
15 089
15 089
-
national
23 082
23 082
23 082
-
pensions
536
536
536
-
total
78 934
78 934
78 934
-
Corporate
43 341
-
-
-
income
9 535
-
-
-
total
9 535
-
-
-
Dividends
33 806
-
-
-
withholding
12 287
-
-
-
total
12 287
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
179 296
157 474
157 474
105 451
After tax
66 204
88 026
88 026
140 049
Living cost
44 686
44 686
44 686
44 686
Free-cash
21 518
43 340
43 340
95 363

Estimated living cost  is ₽44686 per week

₽30583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽687
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147223
-₽426
₽16769
₽115864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 044
accident
-
-
-
237
other
-
-
-
347
pensions
-
-
-
3 899
income
-
-
-
71 438
total
-
-
-
77 965
Employee
31 953
-
225 870
-
health
3 659
-
25 862
-
pensions
3 598
-
7 150
-
income
4 384
-
56 682
-
total
11 641
-
89 694
-
Employer
31 953
-
225 870
-
accident
534
-
3 772
-
pensions
5 195
-
10 324
-
unemployment
783
-
5 534
-
total
6 512
-
19 630
-
Corporate
207 035
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.

186 332
220 950
-
-
total
186 332
220 950
-
-
Dividends
20 704
24 550
-
-
withholding
3 934
4 664
-
-
total
3 934
4 664
-
-
Income
245 500
245 500
245 500
245 500
Total tax
208 419
225 614
109 324
77 965
After tax
37 081
19 886
136 176
167 535
Living cost
20 312
20 312
20 312
20 312
Free-cash
16 769
-426
115 864
147 223

Estimated living cost  is ₽20312 per week

₽14785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110781
₽111765
₽115948
₽82661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 393
municipal
-
-
-
43 579
national
-
-
-
52 070
total
-
-
-
99 042
Employee
48 891
-
206 528
-
health
365
-
2 793
-
pensions
3 299
-
13 940
-
unemployment
734
-
3 098
-
national
808
-
34 755
-
municipal
8 008
-
33 605
-
total
13 214
-
88 191
-
Employer
48 891
-
206 528
-
health
376
-
1 591
-
accident
49
-
206
-
pensions
8 482
-
35 832
-
unemployment
317
-
1 342
-
total
9 224
-
38 971
-
Corporate
187 385
245 500
-
-
income
37 477
49 100
-
-
total
37 477
49 100
-
-
Dividends

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

112 431
147 300
-
-
national
13 723
22 444
-
-
municipal
20 237
26 514
-
-
total
33 960
48 958
-
-
Income
245 500
245 500
245 500
245 500
Total tax
93 875
98 058
127 162
99 042
After tax
151 625
147 442
118 338
146 458
Living cost
35 677
35 677
35 677
35 677
Free-cash
115 948
111 765
82 661
110 781

Estimated living cost  is ₽35677 per week

₽23304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142187
₽157311
₽152256
₽140251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 260
social contributions
-
-
-
15 035
income
-
-
-
60 503
total
-
-
-
81 798
Employee
71 456
71 456
233 188
-
health
554
1 215
3 964
-
social contributions
2 702
5 931
7 999
-
income
7 780
6 615
59 459
-
total
11 036
13 761
71 422
-
Employer
71 456
71 456
233 188
-
health
601
1 323
4 313
-
social contributions
2 702
5 931
7 999
-
total
3 303
7 254
12 312
-
Corporate
209 646
166 791
-
-
income
26 205
20 849
-
-
total
26 205
20 849
-
-
Dividends
183 441
145 941
-
-
withholding
31 185
24 810
-
-
total
31 185
24 810
-
-
Income
245 500
245 500
245 500
245 500
Total tax
71 729
66 674
83 734
81 798
After tax
173 771
178 826
161 766
163 702
Living cost
21 515
21 515
21 515
21 515
Free-cash
152 256
157 311
140 251
142 187

Estimated living cost  is ₽21515 per week

₽12894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2111
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.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽195793
₽188545
₽183816
₽177152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 363
pensions
-
-
-
5 911
unemployment
-
-
-
26
income
-
-
-
25 653
total
-
-
-
34 953
Employee

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

21 330
-
236 418
-
health
1 813
-
7 495
-
pensions
3 199
-
13 226
-
unemployment
106
-
441
-
income
1 458
-
23 350
-
total
6 576
-
44 512
-
Employer

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

21 330
-
236 418
-
health
917
-
3 791
-
pensions
1 173
-
4 850
-
unemployment
106
-
441
-
total
2 196
-
9 082
-
Corporate
221 975
245 500
-
-
income
19 978
22 094
-
-
total
19 978
22 094
-
-
Dividends
201 996
223 406
-
-
withholding
18 180
20 107
-
-
total
18 180
20 107
-
-
Income
245 500
245 500
245 500
245 500
Total tax
46 930
42 201
53 594
34 953
After tax
198 570
203 299
191 906
210 547
Living cost
14 754
14 754
14 754
14 754
Free-cash
183 816
188 545
177 152
195 793

Estimated living cost  is ₽14754 per week

₽9413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1063
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111304
₽137100
₽132997
₽107405
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
776
other
-
-
-
86
pensions
-
-
-
24 375
unemployment
-
-
-
603
income
-
-
-
82 802
total
-
-
-
108 642
Employee
34 361
-
218 041
-
pensions
1 615
-
4 049
-
unemployment
533
-
1 335
-
other
34
-
86
-
income
6 624
-
79 612
-
total
8 806
-
85 082
-
Employer
34 361
-
218 041
-
accident
681
-
1 705
-
pensions
8 108
-
20 327
-
other
275
-
690
-
unemployment
1 890
-
4 737
-
total
10 954
-
27 459
-
Corporate
200 185
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.

30 028
36 825
-
-
total
30 028
36 825
-
-
Dividends
170 157
208 675
-
-
withholding
37 161
46 021
-
-
total
37 161
46 021
-
-
Income
245 500
245 500
245 500
245 500
Total tax
86 949
82 846
112 541
108 642
After tax
158 551
162 654
132 959
136 858
Living cost
25 554
25 554
25 554
25 554
Free-cash
132 997
137 100
107 405
111 304

Estimated living cost  is ₽25554 per week

₽17248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156815
₽151453
₽151169
₽156691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
920
pensions
-
-
-
1 268
income
-
-
-
84 758
total
-
-
-
86 946
Employee
2 648
-
244 073
-
health
132
-
317
-
pensions
238
-
571
-
unemployment
26
-
63
-
income
512
-
84 692
-
total
908
-
85 643
-
Employer
2 648
-
244 073
-
health
252
-
602
-
pensions
291
-
698
-
unemployment
53
-
127
-
total
596
-
1 427
-
Corporate
242 256
245 500
-
-
income
53 296
54 010
-
-
total
53 296
54 010
-
-
Dividends
188 959
191 490
-
-
withholding
37 792
38 298
-
-
total
37 792
38 298
-
-
Income
245 500
245 500
245 500
245 500
Total tax
92 592
92 308
87 070
86 946
After tax
152 908
153 192
158 430
158 554
Living cost
1 739
1 739
1 739
1 739
Free-cash
151 169
151 453
156 691
156 815

Estimated living cost  is ₽1739 per week

₽1033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146061
₽161339
₽156778
₽146061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 058
pensions
-
-
-
17 816
unemployment
-
-
-
1 028
income
-
-
-
57 502
total
-
-
-
83 404
Employee

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

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

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

24 180
-
233 234
-
health
1 245
-
3 529
-
pensions
3 385
-
9 593
-
unemployment
181
-
514
-
income
3 333
-
57 502
-
total
8 144
-
71 138
-
Employer

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

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

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

24 180
-
233 234
-
health
1 245
-
3 529
-
pensions
2 902
-
8 223
-
unemployment
181
-
514
-
total
4 328
-
12 266
-
Corporate
216 992
245 500
-
-
income
32 549
36 825
-
-
total
32 549
36 825
-
-
Dividends
184 443
208 675
-
-
withholding
27 666
31 301
-
-
total
27 666
31 301
-
-
Income
245 500
245 500
245 500
245 500
Total tax
72 687
68 126
83 404
83 404
After tax
172 813
177 374
162 096
162 096
Living cost
16 035
16 035
16 035
16 035
Free-cash
156 778
161 339
146 061
146 061

Estimated living cost  is ₽16035 per week

₽10796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101175
₽114589
₽114254
₽80644
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
245 500
social contributions

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

-
-
-
85 311
income
-
-
-
33 962
surtax
-
-
-
-
total
-
-
-
119 273
Employee
36 067
-
198 384
-
surtax
-
-
887
-
social contributions
3 968
-
21 823
-
income
7 047
-
69 978
-
total
11 015
-
92 688
-
Employer
36 067
-
198 384
-
social contributions
8 565
-
47 116
-
total
8 565
-
47 116
-
Corporate
200 868
245 500
-
-
surtax
-
-
-
-
income
42 182
51 555
-
-
total
42 182
51 555
-
-
Dividends
158 686
193 945
-
-
withholding
44 432
54 304
-
-
total
44 432
54 304
-
-
Income
245 500
245 500
245 500
245 500
Total tax
106 194
105 859
139 804
119 273
After tax
139 306
139 641
105 696
126 227
Living cost
25 052
25 052
25 052
25 052
Free-cash
114 254
114 589
80 644
101 175

Estimated living cost  is ₽25052 per week

₽17744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104199
₽129995
₽123914
₽100300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
776
other
-
-
-
86
pensions
-
-
-
24 375
unemployment
-
-
-
603
income
-
-
-
82 802
total
-
-
-
108 642
Employee
44 879
-
218 041
-
pensions
2 109
-
4 049
-
unemployment
695
-
1 335
-
other
44
-
86
-
income
9 374
-
79 612
-
total
12 222
-
85 082
-
Employer
44 879
-
218 041
-
accident
889
-
1 705
-
pensions
10 591
-
20 327
-
other
360
-
690
-
unemployment
2 469
-
4 737
-
total
14 309
-
27 459
-
Corporate
186 312
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.

27 947
36 825
-
-
total
27 947
36 825
-
-
Dividends
158 365
208 675
-
-
withholding
34 449
46 021
-
-
total
34 449
46 021
-
-
Income
245 500
245 500
245 500
245 500
Total tax
88 927
82 846
112 541
108 642
After tax
156 573
162 654
132 959
136 858
Living cost
32 659
32 659
32 659
32 659
Free-cash
123 914
129 995
100 300
104 199

Estimated living cost  is ₽32659 per week

₽23454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2539
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽183257
₽193420
₽187581
₽193713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 849
pensions

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

-
-
-
4 953
unemployment
-
-
-
134
income
-
-
-
36 825
total
-
-
-
45 761
Employee
21 824
-
238 934
-
health
1 004
-
1 539
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

1 916
-
2 939
-
income
2 183
-
23 893
-
total
5 343
-
28 739
-
Employer
21 824
-
238 934
-
health
1 506
-
2 309
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

2 405
-
3 688
-
unemployment
131
-
201
-
total
4 282
-
6 566
-
Corporate
219 394
245 500
-
-
income
21 939
24 550
-
-
total
21 939
24 550
-
-
Dividends
197 455
220 950
-
-
withholding
9 873
11 048
-
-
total
9 873
11 048
-
-
Income
245 500
245 500
245 500
245 500
Total tax
41 437
35 598
35 305
45 761
After tax
204 063
209 902
210 195
199 739
Living cost
16 482
16 482
16 482
16 482
Free-cash
187 581
193 420
193 713
183 257

Estimated living cost  is ₽16482 per week

₽10901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84614
₽90335
₽102492
₽113644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 348
trade
-
-
-
29 030
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.

-
-
-
4 673
income

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

-
-
-
84 958
total
-
-
-
125 009
Employee

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

46 237
-
245 500
-
health

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

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

6 348
-
6 348
-
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.

210
-
4 673
-
income

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

3 802
-
84 958
-
total
10 360
-
95 979
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
199 263
245 500
-
-
trade
28 595
35 229
-
-
chamber of commerce
434
501
-
-
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.

1 644
2 026
-
-
income
29 889
36 825
-
-
total
60 562
74 581
-
-
Dividends
138 702
170 920
-
-
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.

1 887
2 331
-
-
withholding
34 322
42 376
-
-
total
36 209
44 707
-
-
Income
245 500
245 500
245 500
245 500
Total tax
107 131
119 288
95 979
125 009
After tax
138 369
126 212
149 521
120 491
Living cost
35 877
35 877
35 877
35 877
Free-cash
102 492
90 335
113 644
84 614

Estimated living cost  is ₽35877 per week

₽24748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3860
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.
₽6747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66871
₽118914
₽120967
₽66871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 840
social contributions
-
-
-
42 854
total
-
-
-
125 694
Employee
72 689
-
245 500
-
social contributions
6 039
-
42 854
-
income
13 716
-
82 840
-
total
19 755
-
125 694
-
Employer
72 689
-
245 500
-
total
-
-
-
-
Corporate
172 811
245 500
-
-
income
21 601
30 688
-
-
total
21 601
30 688
-
-
Dividends
151 210
214 812
-
-
withholding
30 242
42 963
-
-
total
30 242
42 963
-
-
Income
245 500
245 500
245 500
245 500
Total tax
71 598
73 651
125 694
125 694
After tax
173 902
171 849
119 806
119 806
Living cost
52 935
52 935
52 935
52 935
Free-cash
120 967
118 914
66 871
66 871

Estimated living cost  is ₽52935 per week

₽40272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169179
₽120933
₽124180
₽135830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 825
health

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

-
-
-
5 763
total
-
-
-
42 588
Employee
42 629
-
241 225
-
social contributions
4 271
-
4 275
-
income
4 626
-
67 387
-
total
8 897
-
71 662
-
Employer
42 629
-
241 225
-
social contributions
4 271
-
4 275
-
total
4 271
-
4 275
-
Corporate
198 600
245 500
-
-
income
69 510
85 925
-
-
total
69 510
85 925
-
-
Dividends
129 089
159 575
-
-
social contributions
4 909
4 909
-
-
total
4 909
4 909
-
-
Income
245 500
245 500
245 500
245 500
Total tax
87 587
90 834
75 937
42 588
After tax
157 913
154 666
169 563
202 912
Living cost
33 733
33 733
33 733
33 733
Free-cash
124 180
120 933
135 830
169 179

Estimated living cost  is ₽33733 per week

₽22220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122164
₽117385
₽122881
₽100396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
pensions
-
-
-
9 990
income
-
-
-
78 877
total
-
-
-
88 867
Employee
47 313
-
213 698
-
health
617
-
2 780
-
pensions
3 611
-
11 688
-
income
8 616
-
64 365
-
total
12 844
-
78 833
-
Employer
47 313
-
213 698
-
health
899
-
4 061
-
pensions
4 780
-
27 741
-
total
5 679
-
31 802
-
Corporate
192 508
245 500
-
-
income

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

36 576
46 645
-
-
total
36 576
46 645
-
-
Dividends
155 932
198 855
-
-
withholding
33 051
47 001
-
-
total
33 051
47 001
-
-
Income
245 500
245 500
245 500
245 500
Total tax
88 150
93 646
110 635
88 867
After tax
157 350
151 854
134 865
156 633
Living cost
34 469
34 469
34 469
34 469
Free-cash
122 881
117 385
100 396
122 164

Estimated living cost  is ₽34469 per week

₽23645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽145212
-₽2437
₽16462
₽113853
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 044
accident
-
-
-
237
other
-
-
-
347
pensions
-
-
-
3 899
income
-
-
-
71 438
total
-
-
-
77 965
Employee
35 116
-
225 870
-
health
4 021
-
25 862
-
pensions
3 954
-
7 150
-
income
4 818
-
56 682
-
total
12 793
-
89 694
-
Employer
35 116
-
225 870
-
accident
586
-
3 772
-
pensions
5 710
-
10 324
-
unemployment
860
-
5 534
-
total
7 156
-
19 630
-
Corporate
203 228
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.

182 905
220 950
-
-
total
182 905
220 950
-
-
Dividends
20 323
24 550
-
-
withholding
3 861
4 664
-
-
total
3 861
4 664
-
-
Income
245 500
245 500
245 500
245 500
Total tax
206 715
225 614
109 324
77 965
After tax
38 785
19 886
136 176
167 535
Living cost
22 323
22 323
22 323
22 323
Free-cash
16 462
-2 437
113 853
145 212

Estimated living cost  is ₽22323 per week

₽16383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150416
₽175267
₽172458
₽170829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health insurance
-
-
-
10 986
work injury
-
-
-
742
pensions
-
-
-
27 317
unemployment
-
-
-
1 782
income
-
-
-
41 717
total
-
-
-
82 544
Employee

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

20 063
-
245 500
-
pensions
3 692
-
13 659
-
work injury
100
-
371
-
unemployment
241
-
891
-
health insurance
1 485
-
5 493
-
income
2 006
-
41 717
-
total
7 524
-
62 131
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
225 437
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%.

22 544
24 550
-
-
total
22 544
24 550
-
-
Dividends
202 893
220 950
-
-
withholding
30 434
33 143
-
-
total
30 434
33 143
-
-
Income
245 500
245 500
245 500
245 500
Total tax
60 502
57 693
62 131
82 544
After tax
184 998
187 807
183 369
162 956
Living cost
12 540
12 540
12 540
12 540
Free-cash
172 458
175 267
170 829
150 416

Estimated living cost  is ₽12540 per week

₽7768
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80340
₽92292
₽88067
₽72709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
regional
-
-
-
6 316
municipal
-
-
-
1 792
social contributions
-
-
-
46 510
national
-
-
-
73 522
total
-
-
-
128 140
Employee
78 306
-
245 500
-
regional
1 182
-
5 834
-
national
13 233
-
67 301
-
social contributions
26 404
-
60 975
-
municipal
467
-
1 661
-
total
41 286
-
135 771
-
Employer
78 306
-
245 500
-
total
-
-
-
-
Corporate
167 194
245 500
-
-
nationa
40 126
58 921
-
-
municipal
8 059
11 833
-
-
total
48 185
70 754
-
-
Dividends
119 009
174 746
-
-
withholding
30 942
45 434
-
-
total
30 942
45 434
-
-
Income
245 500
245 500
245 500
245 500
Total tax
120 413
116 188
135 771
128 140
After tax
125 087
129 312
109 729
117 360
Living cost
37 020
37 020
37 020
37 020
Free-cash
88 067
92 292
72 709
80 340

Estimated living cost  is ₽37020 per week

₽26004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close