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
₽119915
₽88700
₽92890
₽104145
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
245 500
income

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

-
-
-
83 234
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.

-
-
-
6 952
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.

-
-
-
4 578
trade
-
-
-
31 215
total
-
-
-
125 979
Employee

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

38 920
-
245 500
-
income

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

1 087
-
83 234
-
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.

60
-
4 578
-
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.

6 952
-
6 952
-
total
8 099
-
94 764
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
206 580
245 500
-
-
surtax

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

1 705
2 026
-
-
income
30 987
36 824
-
-
chamber of commerce
452
508
-
-
trade
32 536
38 667
-
-
total
65 680
78 025
-
-
Dividends
140 901
167 475
-
-
withholding
34 839
41 482
-
-
surtax

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

1 916
2 282
-
-
total
36 755
43 764
-
-
Income
245 500
245 500
245 500
245 500
Total tax
110 534
121 789
94 764
125 979
After tax
134 966
123 711
150 736
119 521
Living cost
30 821
30 821
30 821
30 821
Free-cash
104 145
92 890
119 915
88 700

Estimated living cost  is ₽30821 per week

₽19387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86093
₽84774
₽98230
₽97316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
social contributions
-
-
-
2 639
national
-
-
-
46 384
pensions
-
-
-
29 460
municipal
-
-
-
27 281
total
-
-
-
105 764
Employee
85 201
-
212 233
-
municipal
10 524
-
28 231
-
national
16 307
-
48 465
-
pensions
3 408
-
8 489
-
total
30 239
-
85 185
-
Employer
85 201
-
212 233
-
pensions
6 816
-
16 979
-
social contributions
916
-
2 281
-
total
7 732
-
19 260
-
Corporate
146 943
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%.

29 389
49 100
-
-
total
29 389
49 100
-
-
Dividends
117 555
196 400
-
-
withholding
25 862
43 208
-
-
total
25 862
43 208
-
-
Income
245 500
245 500
245 500
245 500
Total tax
93 222
92 308
104 445
105 764
After tax
152 278
153 192
141 055
139 736
Living cost
54 962
54 962
54 962
54 962
Free-cash
97 316
98 230
86 093
84 774

Estimated living cost  is ₽54962 per week

₽37357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽823
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86441
₽69241
₽175230
₽166883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 987
income
-
-
-
53 500
microenterprise
-
-
-
-
surtax
-
-
-
62 602
total
-
-
-
155 089
Employee
29 734
-
194 851
-
social contributions

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

3 271
-
13 339
-
income
5 293
-
45 649
-
surtax
-
-
28 253
-
total
8 564
-
87 241
-
Employer
29 734
-
194 851
-
surtax
-
-
21 434
-
social contributions

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

7 162
-
29 214
-
total
7 162
-
50 648
-
Corporate
208 604
245 500
-
-
income

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

41 721
49 100
-
-
total
41 721
49 100
-
-
Dividends

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

166 883
196 400
-
-
total
-
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
57 447
49 100
137 889
155 089
After tax
188 053
196 400
107 611
90 411
Living cost
21 170
21 170
21 170
21 170
Free-cash
166 883
175 230
86 441
69 241

Estimated living cost  is ₽21170 per week

₽13506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114352
₽88299
₽79908
₽73673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
90 104
health
-
-
-
12 548
pensions
-
-
-
11 922
total
-
-
-
114 574
Employee
86 896
86 896
226 590
-
income

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

14 223
14 223
45 141
-
health
13 338
11 345
12 548
-
pensions
15 641
11 922
11 922
-
total
43 202
37 490
69 611
-
Employer
86 896
86 896
226 590
-
unemployment
3 128
3 128
3 887
-
pensions
6 048
6 048
7 517
-
health
6 040
6 040
7 506
-
total
15 216
15 216
18 910
-
Corporate
144 454
143 388
-
-
income
28 890
28 677
-
-
total
28 890
28 677
-
-
Dividends
115 564
114 711
-
-
withholding
17 335
17 207
-
-
income
24 557
24 375
-
-
total
41 892
41 582
-
-
Income
245 500
245 500
245 500
245 500
Total tax
129 200
122 965
88 521
114 574
After tax
116 300
122 535
156 979
130 926
Living cost
42 627
42 627
42 627
42 627
Free-cash
73 673
79 908
114 352
88 299

Estimated living cost  is ₽42627 per week

₽30209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽678
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80070
₽81066
₽93019
₽92098
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
accident
-
-
-
180
national
-
-
-
31 922
health
-
-
-
5 610
unemployment
-
-
-
90
other
-
-
-
10 448
pensions
-
-
-
9 719
municipal
-
-
-
65 441
total
-
-
-
123 410
Employee
58 456
-
217 250
-
municipal
17 432
-
64 784
-
national
-
-
31 371
-
total
17 432
-
96 155
-
Employer
58 456
-
217 250
-
other
6 793
-
10 448
-
unemployment
1 543
-
2 374
-
pensions
6 319
-
9 719
-
health
3 595
-
5 530
-
accident
117
-
180
-
total
18 367
-
28 251
-
Corporate
168 677
245 500
-
-
income
37 109
54 010
-
-
total
37 109
54 010
-
-
Dividends
131 568
191 490
-
-
withholding
39 470
57 447
-
-
total
39 470
57 447
-
-
Income
245 500
245 500
245 500
245 500
Total tax
112 378
111 457
124 406
123 410
After tax
133 122
134 043
121 094
122 090
Living cost
41 024
41 024
41 024
41 024
Free-cash
92 098
93 019
80 070
81 066

Estimated living cost  is ₽41024 per week

₽27189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110762
₽78159
₽82477
₽96773
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
245 500
income

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

-
-
-
83 234
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.

-
-
-
6 952
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.

-
-
-
4 578
trade
-
-
-
32 603
total
-
-
-
127 367
Employee

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

51 603
-
245 500
-
income

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

4 434
-
83 234
-
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.

243
-
4 578
-
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.

6 952
-
6 952
-
total
11 629
-
94 764
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
193 897
245 500
-
-
surtax

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

1 599
2 026
-
-
income
29 085
36 824
-
-
chamber of commerce
431
504
-
-
trade
31 896
40 385
-
-
total
63 011
79 739
-
-
Dividends
130 886
165 761
-
-
withholding
32 335
41 053
-
-
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.

1 778
2 257
-
-
total
34 113
43 310
-
-
Income
245 500
245 500
245 500
245 500
Total tax
108 753
123 049
94 764
127 367
After tax
136 747
122 451
150 736
118 133
Living cost
39 974
39 974
39 974
39 974
Free-cash
96 773
82 477
110 762
78 159

Estimated living cost  is ₽39974 per week

₽26735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129497
₽131476
₽145874
₽141655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
social contributions
-
-
-
16 464
income
-
-
-
58 295
health
-
-
-
6 260
total
-
-
-
81 019
Employee
78 246
78 246
232 441
-
social contributions
3 802
6 494
8 759
-
income
8 216
7 243
57 229
-
health
778
1 330
3 951
-
total
12 796
15 067
69 939
-
Employer
78 246
78 246
232 441
-
health
848
1 448
4 300
-
social contributions
3 802
6 494
8 759
-
total
4 650
7 942
13 059
-
Corporate
195 049
159 312
-
-
income
24 381
19 915
-
-
total
24 381
19 915
-
-
Dividends
170 668
139 398
-
-
withholding
29 013
23 697
-
-
total
29 013
23 697
-
-
Income
245 500
245 500
245 500
245 500
Total tax
70 840
66 621
82 998
81 019
After tax
174 660
178 879
162 502
164 481
Living cost
33 005
33 005
33 005
33 005
Free-cash
141 655
145 874
129 497
131 476

Estimated living cost  is ₽33005 per week

₽22562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2578
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.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122335
₽150088
₽117819
₽118235
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
30 012
health
-
-
-
17 185
unemployment
-
-
-
3 683
pensions
-
-
-
24 550
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.

28 844
11 479
205 439
-
income
3 526
1 403
25 115
-
health
2 019
804
14 381
-
pensions
2 884
1 148
20 544
-
unemployment
433
172
3 082
-
total
8 862
3 527
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.

28 844
11 479
205 439
-
pensions
5 625
2 238
40 061
-
total
5 625
2 238
40 061
-
Corporate
211 032
231 782
-
-
income
18 993
20 860
-
-
total
18 993
20 860
-
-
Dividends
192 039
210 922
-
-
withholding
36 487
40 075
-
-
social contributions
37 316
40 999
-
-
total
73 803
81 074
-
-
Income
245 500
245 500
245 500
245 500
Total tax
107 283
107 699
103 183
75 430
After tax
138 217
137 801
142 317
170 070
Living cost
19 982
19 982
19 982
19 982
Free-cash
118 235
117 819
122 335
150 088

Estimated living cost  is ₽19982 per week

₽13636
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.
₽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.
₽4312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116925
₽107009
₽171822
₽165499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
32 897
health
-
-
-
31 916
pensions
-
-
-
49 100
total
-
-
-
113 913
Employee
28 867
-
183 482
-
income
3 250
-
35 376
-
pensions
577
-
3 669
-
unemployment
462
-
2 935
-
total
4 289
-
41 980
-
Employer
28 867
-
183 482
-
unemployment
232
-
1 468
-
pensions
5 774
-
36 697
-
health
3 752
-
23 852
-
total
9 758
-
62 017
-
Corporate
206 876
245 500
-
-
income
41 376
49 100
-
-
total
41 376
49 100
-
-
Dividends
165 500
196 400
-
-
total
-
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
55 423
49 100
103 997
113 913
After tax
190 077
196 400
141 503
131 587
Living cost
24 578
24 578
24 578
24 578
Free-cash
165 499
171 822
116 925
107 009

Estimated living cost  is ₽24578 per week

₽16858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113331
₽145228
-₽2471
₽16455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
70 837
health
-
-
-
2 216
other
-
-
-
377
pensions
-
-
-
4 228
total
-
-
-
77 915
Employee
35 168
-
225 033
-
income
4 825
-
55 826
-
health
4 027
-
25 766
-
pensions
3 960
-
7 753
-
total
12 812
-
89 345
-
Employer
35 168
-
225 033
-
unemployment
862
-
5 513
-
pensions
5 719
-
11 196
-
accident
587
-
3 758
-
total
7 168
-
20 467
-
Corporate
203 165
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.

182 848
220 950
-
-
total
182 848
220 950
-
-
Dividends
20 316
24 550
-
-
withholding
3 860
4 664
-
-
total
3 860
4 664
-
-
Income
245 500
245 500
245 500
245 500
Total tax
206 688
225 614
109 812
77 915
After tax
38 812
19 886
135 688
167 585
Living cost
22 357
22 357
22 357
22 357
Free-cash
16 455
-2 471
113 331
145 228

Estimated living cost  is ₽22357 per week

₽16385
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽187716
₽234361
₽224541
₽222912
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
245 500
microenterprise

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

-
-
-
2 455
total
-
-
-
2 455
Employee
10 854
-
245 500
-
income
2 171
-
49 100
-
total
2 171
-
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%.

234 646
245 500
-
-
total
-
-
-
-
Dividends
234 646
245 500
-
-
withholding
11 733
12 275
-
-
total
11 733
12 275
-
-
Income
245 500
245 500
245 500
245 500
Total tax
13 904
12 275
49 100
2 455
After tax
231 596
233 225
196 400
243 045
Living cost
8 684
8 684
8 684
8 684
Free-cash
222 912
224 541
187 716
234 361

Estimated living cost  is ₽8684 per week

₽5382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120855
₽122846
₽153255
₽146381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
44 245
health
-
-
-
6 809
other
-
-
-
7 349
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.

-
-
-
37 137
total
-
-
-
95 540
Employee
36 947
-
206 096
-
income
6 361
-
43 581
-
health
518
-
2 167
-
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.

2 586
-
10 831
-
unemployment
369
-
1 547
-
total
9 834
-
58 126
-
Employer
36 947
-
206 096
-
other
1 848
-
7 736
-
unemployment
369
-
1 547
-
pensions

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

6 282
-
26 306
-
health
518
-
2 167
-
accident
295
-
1 649
-
total
9 312
-
39 405
-
Corporate
199 242
245 500
-
-
income
41 841
51 554
-
-
total
41 841
51 554
-
-
Dividends
157 401
193 946
-
-
withholding
11 018
13 577
-
-
total
11 018
13 577
-
-
Income
245 500
245 500
245 500
245 500
Total tax
72 005
65 131
97 531
95 540
After tax
173 495
180 369
147 969
149 960
Living cost
27 114
27 114
27 114
27 114
Free-cash
146 381
153 255
120 855
122 846

Estimated living cost  is ₽27114 per week

₽19158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67678
₽89537
₽85298
₽93527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
77 121
pensions
-
-
-
10 503
total
-
-
-
87 624
Employee
96 690
-
213 850
-
income
17 429
-
62 548
-
health
1 593
-
2 845
-
pensions
9 328
-
12 441
-
total
28 350
-
77 834
-
Employer
96 690
-
213 850
-
pensions
11 416
-
27 585
-
health
1 836
-
4 064
-
total
13 252
-
31 649
-
Corporate
135 557
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.

25 756
46 644
-
-
total
25 756
46 644
-
-
Dividends
109 802
198 856
-
-
withholding
16 276
45 219
-
-
total
16 276
45 219
-
-
Income
245 500
245 500
245 500
245 500
Total tax
83 634
91 863
109 483
87 624
After tax
161 866
153 637
136 017
157 876
Living cost
68 339
68 339
68 339
68 339
Free-cash
93 527
85 298
67 678
89 537

Estimated living cost  is ₽68339 per week

₽51208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽196366
₽186010
₽196659
₽191965
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
36 825
health
-
-
-
4 058
unemployment
-
-
-
141
pensions

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

-
-
-
5 222
total
-
-
-
46 246
Employee
17 536
-
238 578
-
income
1 753
-
23 858
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
health
807
-
1 623
-
pensions

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

1 540
-
3 098
-
total
4 293
-
28 967
-
Employer
17 536
-
238 578
-
unemployment
105
-
212
-
pensions

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

1 933
-
3 888
-
health
1 210
-
2 435
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
total
3 441
-
6 923
-
Corporate
224 523
245 500
-
-
income
22 453
24 550
-
-
total
22 453
24 550
-
-
Dividends
202 070
220 950
-
-
withholding
10 104
11 047
-
-
total
10 104
11 047
-
-
Income
245 500
245 500
245 500
245 500
Total tax
40 291
35 597
35 890
46 246
After tax
205 209
209 903
209 610
199 254
Living cost
13 244
13 244
13 244
13 244
Free-cash
191 965
196 659
196 366
186 010

Estimated living cost  is ₽13244 per week

₽7732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100554
₽74501
₽66110
₽68669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
90 104
health
-
-
-
12 548
pensions
-
-
-
11 922
total
-
-
-
114 574
Employee
94 341
86 896
226 590
-
income

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

14 223
14 223
45 141
-
health
11 770
11 345
12 548
-
pensions
11 922
11 922
11 922
-
total
37 915
37 490
69 611
-
Employer
94 341
86 896
226 590
-
unemployment
3 397
3 128
3 887
-
pensions
6 565
6 048
7 517
-
health
6 556
6 040
7 506
-
total
16 518
15 216
18 910
-
Corporate
134 641
143 388
-
-
income
26 928
28 677
-
-
total
26 928
28 677
-
-
Dividends
107 713
114 711
-
-
withholding
16 157
17 207
-
-
income
22 888
24 375
-
-
total
39 045
41 582
-
-
Income
245 500
245 500
245 500
245 500
Total tax
120 406
122 965
88 521
114 574
After tax
125 094
122 535
156 979
130 926
Living cost
56 425
56 425
56 425
56 425
Free-cash
68 669
66 110
100 554
74 501

Estimated living cost  is ₽56425 per week

₽41623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5040
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109580
₽120461
₽143610
₽134542
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 574
income
-
-
-
26 368
health
-
-
-
33 143
solidarity contribution
-
-
-
3 537
total
-
-
-
99 622
Employee
37 378
-
196 502
-
social contributions
2 430
-
8 141
-
income
4 485
-
24 275
-
health
5 046
-
26 528
-
solidarity contribution
-
-
2 561
-
total
11 961
-
61 505
-
Employer
37 378
-
196 502
-
health
3 364
-
17 685
-
social contributions
9 344
-
31 313
-
total
12 708
-
48 998
-
Corporate
195 414
245 500
-
-
income
37 129
46 645
-
-
total
37 129
46 645
-
-
Dividends
158 285
198 855
-
-
withholding
23 743
29 828
-
-
total
23 743
29 828
-
-
Income
245 500
245 500
245 500
245 500
Total tax
85 541
76 473
110 503
99 622
After tax
159 959
169 027
134 997
145 878
Living cost
25 417
25 417
25 417
25 417
Free-cash
134 542
143 610
109 580
120 461

Estimated living cost  is ₽25417 per week

₽17655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67790
₽76419
₽88048
₽82734
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 929
national
-
-
-
70 476
regional
-
-
-
3 183
municipal
-
-
-
1 556
total
-
-
-
126 144
Employee
90 435
-
245 500
-
social contributions
30 495
-
66 769
-
municipal
479
-
1 429
-
regional
853
-
2 909
-
national
15 670
-
63 666
-
total
47 497
-
134 773
-
Employer
90 435
-
245 500
-
total
-
-
-
-
Corporate
155 065
245 500
-
-
nationa
37 216
58 919
-
-
municipal
6 048
9 574
-
-
total
43 264
68 493
-
-
Dividends
111 801
177 007
-
-
withholding
29 068
46 022
-
-
total
29 068
46 022
-
-
Income
245 500
245 500
245 500
245 500
Total tax
119 829
114 515
134 773
126 144
After tax
125 671
130 985
110 727
119 356
Living cost
42 937
42 937
42 937
42 937
Free-cash
82 734
88 048
67 790
76 419

Estimated living cost  is ₽42937 per week

₽29931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86623
₽92845
₽131966
₽128798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 519
health
-
-
-
9 642
unemployment
-
-
-
232
other
-
-
-
-
pensions
-
-
-
27 162
surtax
-
-
-
13 646
total
-
-
-
130 201
Employee
33 650
-
216 913
-
income
5 640
-
73 435
-
surtax
110
-
12 430
-
health
859
-
3 462
-
pensions
2 244
-
9 058
-
unemployment
2 342
-
9 452
-
other
-
-
-
-
total
11 195
-
107 837
-
Employer
33 650
-
216 913
-
other
-
-
-
-
unemployment
1 066
-
4 304
-
pensions
4 486
-
18 103
-
health
1 531
-
6 179
-
total
7 083
-
28 586
-
Corporate
204 767
245 500
-
-
income
53 240
63 830
-
-
total
53 240
63 830
-
-
Dividends
151 527
181 670
-
-
withholding
22 730
27 250
-
-
total
22 730
27 250
-
-
Income
245 500
245 500
245 500
245 500
Total tax
94 248
91 080
136 423
130 201
After tax
151 252
154 420
109 077
115 299
Living cost
22 454
22 454
22 454
22 454
Free-cash
128 798
131 966
86 623
92 845

Estimated living cost  is ₽22454 per week

₽13730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89329
₽111188
₽106949
₽113699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
77 121
pensions
-
-
-
10 503
total
-
-
-
87 624
Employee
64 799
-
213 850
-
income
11 671
-
62 548
-
health
941
-
2 845
-
pensions
5 500
-
12 441
-
total
18 112
-
77 834
-
Employer
64 799
-
213 850
-
pensions
7 015
-
27 585
-
health
1 231
-
4 064
-
total
8 246
-
31 649
-
Corporate
172 456
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.

32 766
46 644
-
-
total
32 766
46 644
-
-
Dividends
139 690
198 856
-
-
withholding
25 989
45 219
-
-
total
25 989
45 219
-
-
Income
245 500
245 500
245 500
245 500
Total tax
85 113
91 863
109 483
87 624
After tax
160 387
153 637
136 017
157 876
Living cost
46 688
46 688
46 688
46 688
Free-cash
113 699
106 949
89 329
111 188

Estimated living cost  is ₽46688 per week

₽34978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽105789
₽114168
₽32422
₽66583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 588
health
-
-
-
552
national
-
-
-
6 822
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.

-
-
-
4 909
pensions
-
-
-
22 585
regional
-
-
-
14 036
total
-
-
-
51 492
Employee
93 434
-
221 231
-
regional
3 059
-
12 580
-
health
211
-
498
-
national
442
-
5 651
-
pensions
7 850
-
16 911
-
unemployment
-
-
-
-
city
1 003
-
2 397
-
total
12 565
-
38 037
-
Employer
93 434
-
221 231
-
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.

1 868
-
4 425
-
unemployment
-
-
-
-
pensions
7 850
-
16 911
-
health
211
-
498
-
total
9 929
-
21 834
-
Corporate
141 110
245 500
-
-
regional
29 844
51 923
-
-
national
11 994
20 867
-
-
total
41 838
72 790
-
-
Dividends
99 271
172 710
-
-
withholding
34 745
60 448
-
-
total
34 745
60 448
-
-
Income
245 500
245 500
245 500
245 500
Total tax
99 077
133 238
59 871
51 492
After tax
146 423
112 262
185 629
194 008
Living cost
79 840
79 840
79 840
79 840
Free-cash
66 583
32 422
105 789
114 168

Estimated living cost  is ₽79840 per week

₽51919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽980
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽104121
₽70131
₽74572
₽91072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
245 500
income

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

-
-
-
83 234
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.

-
-
-
6 952
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.

-
-
-
4 578
trade
-
-
-
33 990
total
-
-
-
128 754
Employee

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

61 154
-
245 500
-
income

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

7 191
-
83 234
-
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.

396
-
4 578
-
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.

6 952
-
6 952
-
total
14 539
-
94 764
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
184 346
245 500
-
-
surtax

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

1 522
2 026
-
-
income
27 652
36 824
-
-
chamber of commerce
413
500
-
-
trade
31 615
42 104
-
-
total
61 202
81 454
-
-
Dividends
123 145
164 046
-
-
withholding
30 400
40 625
-
-
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.

1 672
2 234
-
-
total
32 072
42 859
-
-
Income
245 500
245 500
245 500
245 500
Total tax
107 813
124 313
94 764
128 754
After tax
137 687
121 187
150 736
116 746
Living cost
46 615
46 615
46 615
46 615
Free-cash
91 072
74 572
104 121
70 131

Estimated living cost  is ₽46615 per week

₽34046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89846
₽98090
₽88918
₽94930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 996
income
-
-
-
48 081
health
-
-
-
12 449
other
-
-
-
7 610
pensions
-
-
-
37 460
surtax
-
-
-
-
total
-
-
-
112 596
Employee
43 550
-
186 536
-
social contributions
1 242
-
5 316
-
income
2 570
-
42 151
-
surtax
-
-
-
-
pensions
4 924
-
14 409
-
total
8 736
-
61 876
-
Employer
43 550
-
186 536
-
other
1 502
-
7 889
-
unemployment
1 763
-
7 554
-
pensions
7 154
-
23 999
-
health
3 049
-
18 962
-
social contributions
131
-
560
-
total
13 599
-
58 964
-
Corporate
188 350
245 500
-
-
surtax
-
-
-
-
income
52 738
68 740
-
-
total
52 738
68 740
-
-
Dividends
135 612
176 760
-
-
withholding
17 358
22 626
-
-
surtax
-
-
-
-
social contributions
23 325
30 402
-
-
total
40 683
53 028
-
-
Income
245 500
245 500
245 500
245 500
Total tax
115 756
121 768
120 840
112 596
After tax
129 744
123 732
124 660
132 904
Living cost
34 814
34 814
34 814
34 814
Free-cash
94 930
88 918
89 846
98 090

Estimated living cost  is ₽34814 per week

₽21952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93295
₽101539
₽92367
₽98018
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 996
income
-
-
-
48 081
health
-
-
-
12 449
other
-
-
-
7 610
pensions
-
-
-
37 460
surtax
-
-
-
-
total
-
-
-
112 596
Employee
38 875
-
186 536
-
social contributions
1 108
-
5 316
-
income
2 004
-
42 151
-
surtax
-
-
-
-
pensions
4 397
-
14 409
-
total
7 509
-
61 876
-
Employer
38 875
-
186 536
-
other
1 342
-
7 889
-
unemployment
1 574
-
7 554
-
pensions
6 388
-
23 999
-
health
2 721
-
18 962
-
social contributions
116
-
560
-
total
12 141
-
58 964
-
Corporate
194 485
245 500
-
-
surtax
-
-
-
-
income
54 457
68 740
-
-
total
54 457
68 740
-
-
Dividends
140 029
176 760
-
-
withholding
17 924
22 626
-
-
surtax
-
-
-
-
social contributions
24 086
30 402
-
-
total
42 010
53 028
-
-
Income
245 500
245 500
245 500
245 500
Total tax
116 117
121 768
120 840
112 596
After tax
129 383
123 732
124 660
132 904
Living cost
31 365
31 365
31 365
31 365
Free-cash
98 018
92 367
93 295
101 539

Estimated living cost  is ₽31365 per week

₽18190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129073
₽136083
₽128202
₽128728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
social contributions
-
-
-
33 880
income
-
-
-
36 824
health
-
-
-
17 136
total
-
-
-
87 840
Employee
34 501
-
245 500
-
social contributions
4 762
-
33 880
-
income
5 754
-
43 834
-
health
2 408
-
17 136
-
total
12 924
-
94 850
-
Employer
34 501
-
245 500
-
total
-
-
-
-
Corporate
210 999
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%.

10 549
12 275
-
-
total
10 549
12 275
-
-
Dividends
200 450
233 225
-
-
health
13 992
16 278
-
-
withholding
30 068
34 984
-
-
social contributions
27 662
32 184
-
-
total
71 722
83 446
-
-
Income
245 500
245 500
245 500
245 500
Total tax
95 195
95 721
94 850
87 840
After tax
150 305
149 779
150 650
157 660
Living cost
21 577
21 577
21 577
21 577
Free-cash
128 728
128 202
129 073
136 083

Estimated living cost  is ₽21577 per week

₽14440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1330
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28142
₽89640
₽99346
₽97770
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
81 495
health
-
-
-
9 093
unemployment
-
-
-
6 241
pensions
-
-
-
21 992
surtax
-
-
-
201
chamber of commerce
-
-
-
983
total
-
-
-
120 005
Employee
50 853
40 551
204 814
-
income
5 789
2 991
69 049
-
health
1 968
1 570
4 600
-
pensions
5 208
4 152
12 173
-
unemployment
1 526
1 217
3 567
-
other
508
406
1 190
-
total
14 999
10 336
90 579
-
Employer
50 853
40 551
204 814
-
other
2 416
1 925
8 999
-
surtax
201
201
201
-
unemployment
1 526
1 217
3 567
-
pensions
6 382
5 090
14 919
-
payroll
1 526
1 217
6 144
-
health
1 921
1 533
4 493
-
accident
660
527
1 545
-
chamber of commerce
203
162
819
-
total
14 835
11 872
40 687
-
Corporate
179 813
193 077
200 952
-
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.

44 954
48 270
50 237
-
total
44 954
48 270
50 237
-
Dividends
134 859
144 807
-
-
withholding
37 087
39 821
-
-
total
37 087
39 821
-
-
Income
245 500
245 500
245 500
245 500
Total tax
111 875
110 299
181 503
120 005
After tax
133 625
135 201
63 997
125 495
Living cost
35 855
35 855
35 855
35 855
Free-cash
97 770
99 346
28 142
89 640

Estimated living cost  is ₽35855 per week

₽23914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8294
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
₽45633
₽69760
₽96695
₽84799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 369
national
-
-
-
100 061
communal

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

-
-
-
13 208
total
-
-
-
138 638
Employee

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

72 787
-
190 147
-
communal

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

3 796
-
9 918
-
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.

3 420
-
8 937
-
national
22 378
-
72 643
-
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.

5 459
-
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.

633
-
1 655
-
total
35 686
-
107 414
-
Employer

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

72 787
-
190 147
-
surtax
8 253
-
21 562
-
unemployment

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

1 062
-
2 777
-
pensions

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

6 450
-
16 846
-
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.

4 476
-
11 694
-
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.

946
-
2 472
-
total
21 187
-
55 351
-
Corporate
151 526
245 500
-
-
surtax
606
1 076
-
-
income
30 305
53 815
-
-
total
30 911
54 891
-
-
Dividends
120 614
190 609
-
-
withholding

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

35 815
56 812
-
-
total
35 815
56 812
-
-
Income
245 500
245 500
245 500
245 500
Total tax
123 599
111 703
162 765
138 638
After tax
121 901
133 797
82 735
106 862
Living cost
37 102
37 102
37 102
37 102
Free-cash
84 799
96 695
45 633
69 760

Estimated living cost  is ₽37102 per week

₽23898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96013
₽100284
₽126095
₽119124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
850
income
-
-
-
80 173
unemployment
-
-
-
660
other
-
-
-
95
pensions
-
-
-
26 690
total
-
-
-
108 468
Employee
50 652
-
215 432
-
income
10 687
-
76 680
-
pensions
2 381
-
4 434
-
unemployment
786
-
1 462
-
other
50
-
95
-
total
13 904
-
82 671
-
Employer
50 652
-
215 432
-
other
404
-
755
-
unemployment
2 786
-
5 187
-
pensions
11 953
-
22 259
-
accident
1 002
-
1 867
-
total
16 145
-
30 068
-
Corporate
178 703
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.

26 806
36 824
-
-
total
26 806
36 824
-
-
Dividends
151 897
208 676
-
-
withholding
32 773
45 833
-
-
total
32 773
45 833
-
-
Income
245 500
245 500
245 500
245 500
Total tax
89 628
82 657
112 739
108 468
After tax
155 872
162 843
132 761
137 032
Living cost
36 748
36 748
36 748
36 748
Free-cash
119 124
126 095
96 013
100 284

Estimated living cost  is ₽36748 per week

₽27061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
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.
₽6550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68448
₽59104
₽82279
₽68283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 039
income
-
-
-
48 060
health
-
-
-
16 997
communal
-
-
-
15 516
pensions
-
-
-
36 257
surtax
-
-
-
12 229
total
-
-
-
131 098
Employee
77 059
-
219 294
-
income
7 443
-
54 807
-
surtax
4 723
-
13 440
-
health
3 429
-
9 759
-
pensions
6 164
-
17 543
-
total
21 759
-
95 549
-
Employer
77 059
-
219 294
-
pensions
6 164
-
17 543
-
health
2 350
-
6 689
-
accident
693
-
1 973
-
total
9 207
-
26 205
-
Corporate
159 234
245 500
-
-
surtax
1 672
2 578
-
-
income
23 885
36 824
-
-
communal
10 748
16 572
-
-
total
36 305
55 974
-
-
Dividends
122 929
189 526
-
-
withholding
18 439
28 428
-
-
income
36 209
23 521
-
-
total
54 648
51 949
-
-
Income
245 500
245 500
245 500
245 500
Total tax
121 919
107 923
121 754
131 098
After tax
123 581
137 577
123 746
114 402
Living cost
55 298
55 298
55 298
55 298
Free-cash
68 283
82 279
68 448
59 104

Estimated living cost  is ₽55298 per week

₽41482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86221
₽92443
₽131564
₽128327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 519
health
-
-
-
9 642
unemployment
-
-
-
232
other
-
-
-
-
pensions
-
-
-
27 162
surtax
-
-
-
13 646
total
-
-
-
130 201
Employee
34 268
-
216 913
-
income
5 745
-
73 435
-
surtax
122
-
12 430
-
health
875
-
3 462
-
pensions
2 286
-
9 058
-
unemployment
2 385
-
9 452
-
other
-
-
-
-
total
11 413
-
107 837
-
Employer
34 268
-
216 913
-
other
-
-
-
-
unemployment
1 087
-
4 304
-
pensions
4 569
-
18 103
-
health
1 558
-
6 179
-
total
7 214
-
28 586
-
Corporate
204 018
245 500
-
-
income
53 045
63 830
-
-
total
53 045
63 830
-
-
Dividends
150 973
181 670
-
-
withholding
22 645
27 250
-
-
total
22 645
27 250
-
-
Income
245 500
245 500
245 500
245 500
Total tax
94 317
91 080
136 423
130 201
After tax
151 183
154 420
109 077
115 299
Living cost
22 856
22 856
22 856
22 856
Free-cash
128 327
131 564
86 221
92 443

Estimated living cost  is ₽22856 per week

₽13799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1987
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.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82598
₽91178
₽101630
₽99369
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 929
national
-
-
-
70 476
regional
-
-
-
3 950
municipal
-
-
-
1 556
total
-
-
-
126 911
Employee
56 446
-
245 500
-
social contributions
19 034
-
66 769
-
municipal
299
-
1 429
-
regional
760
-
3 627
-
national
8 943
-
63 666
-
total
29 036
-
135 491
-
Employer
56 446
-
245 500
-
total
-
-
-
-
Corporate
189 054
245 500
-
-
nationa
45 373
58 919
-
-
municipal
9 396
12 202
-
-
total
54 769
71 121
-
-
Dividends
134 285
174 379
-
-
withholding
34 915
45 338
-
-
total
34 915
45 338
-
-
Income
245 500
245 500
245 500
245 500
Total tax
118 720
116 459
135 491
126 911
After tax
126 780
129 041
110 009
118 589
Living cost
27 411
27 411
27 411
27 411
Free-cash
99 369
101 630
82 598
91 178

Estimated living cost  is ₽27411 per week

₽17047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103677
₽114558
₽137707
₽126534
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 574
income
-
-
-
26 368
health
-
-
-
33 143
solidarity contribution
-
-
-
3 537
total
-
-
-
99 622
Employee
46 059
-
196 502
-
social contributions
2 994
-
8 141
-
income
5 527
-
24 275
-
health
6 218
-
26 528
-
solidarity contribution
-
-
2 561
-
total
14 739
-
61 505
-
Employer
46 059
-
196 502
-
health
4 145
-
17 685
-
social contributions
11 515
-
31 313
-
total
15 660
-
48 998
-
Corporate
183 781
245 500
-
-
income
34 918
46 645
-
-
total
34 918
46 645
-
-
Dividends
148 862
198 855
-
-
withholding
22 329
29 828
-
-
total
22 329
29 828
-
-
Income
245 500
245 500
245 500
245 500
Total tax
87 646
76 473
110 503
99 622
After tax
157 854
169 027
134 997
145 878
Living cost
31 320
31 320
31 320
31 320
Free-cash
126 534
137 707
103 677
114 558

Estimated living cost  is ₽31320 per week

₽23292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31577
₽93232
₽102845
₽102345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
81 495
health
-
-
-
9 093
unemployment
-
-
-
6 241
pensions
-
-
-
21 992
surtax
-
-
-
-
chamber of commerce
-
-
-
983
total
-
-
-
119 804
Employee
44 481
40 551
205 001
-
income
3 962
2 991
69 144
-
health
1 721
1 570
4 600
-
pensions
4 555
4 152
12 173
-
unemployment
1 334
1 217
3 567
-
other
444
406
1 190
-
total
12 016
10 336
90 674
-
Employer
44 481
40 551
205 001
-
other
2 113
1 925
9 004
-
surtax
-
-
-
-
unemployment
1 334
1 217
3 567
-
pensions
5 583
5 090
14 919
-
payroll
1 334
1 217
6 150
-
health
1 682
1 533
4 493
-
accident
577
527
1 545
-
chamber of commerce
178
162
821
-
total
12 801
11 671
40 499
-
Corporate
188 219
193 278
201 139
-
income

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

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

47 055
48 320
50 286
-
total
47 055
48 320
50 286
-
Dividends
141 164
144 958
-
-
withholding
38 819
39 864
-
-
total
38 819
39 864
-
-
Income
245 500
245 500
245 500
245 500
Total tax
110 691
110 191
181 459
119 804
After tax
134 809
135 309
64 041
125 696
Living cost
32 464
32 464
32 464
32 464
Free-cash
102 345
102 845
31 577
93 232

Estimated living cost  is ₽32464 per week

₽19474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽182868
₽229513
₽219693
₽217156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 915
-
245 500
-
income
3 383
-
49 100
-
total
3 383
-
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%.

228 585
245 500
-
-
total
-
-
-
-
Dividends
228 585
245 500
-
-
withholding
11 429
12 275
-
-
total
11 429
12 275
-
-
Income
245 500
245 500
245 500
245 500
Total tax
14 812
12 275
49 100
2 455
After tax
230 688
233 225
196 400
243 045
Living cost
13 532
13 532
13 532
13 532
Free-cash
217 156
219 693
182 868
229 513

Estimated living cost  is ₽13532 per week

₽9157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79604
₽84933
₽141733
₽133221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
245 500
income
-
-
-
63 914
health
-
-
-
24 157
unemployment
-
-
-
369
pensions
-
-
-
44 834
total
-
-
-
133 274
Employee

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

44 997
-
212 426
-
income
7 760
-
58 584
-
health
2 906
-
13 722
-
pensions
6 975
-
32 926
-
unemployment
64
-
297
-
total
17 705
-
105 529
-
Employer

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

44 997
-
212 426
-
unemployment
27
-
127
-
pensions
3 982
-
18 800
-
health
2 997
-
14 147
-
total
7 006
-
33 074
-
Corporate
193 497
245 500
-
-
income
36 765
46 646
-
-
total
36 765
46 646
-
-
Dividends
156 733
198 854
-
-
withholding
23 510
29 828
-
-
total
23 510
29 828
-
-
Income
245 500
245 500
245 500
245 500
Total tax
84 986
76 474
138 603
133 274
After tax
160 514
169 026
106 897
112 226
Living cost
27 293
27 293
27 293
27 293
Free-cash
133 221
141 733
79 604
84 933

Estimated living cost  is ₽27293 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
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.
₽6285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽182807
₽121615
₽101317
₽48353
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
68 890
-
-
-
social contributions
5 649
-
805
-
income
15 196
-
-
-
total
20 845
-
805
-
Employer
68 890
-
-
-
social contributions
97 135
-
13 843
-
total
97 135
-
13 843
-
Corporate
79 474
245 500
-
-
income
17 484
54 010
-
-
total
17 484
54 010
-
-
Dividends
61 990
191 490
-
-
income
13 638
42 128
-
-
total
13 638
42 128
-
-
Income
245 500
245 500
245 500
245 500
Total tax
149 102
96 138
14 648
75 840
After tax
96 398
149 362
230 852
169 660
Living cost
48 045
48 045
48 045
48 045
Free-cash
48 353
101 317
182 807
121 615

Estimated living cost  is ₽48045 per week

₽31174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75516
₽95307
₽107724
₽106697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 312
income
-
-
-
32 963
surtax
-
-
-
-
total
-
-
-
118 275
Employee
46 800
-
198 383
-
social contributions
5 148
-
21 822
-
income
9 735
-
68 575
-
surtax
-
-
552
-
total
14 883
-
90 949
-
Employer
46 800
-
198 383
-
social contributions
11 115
-
47 117
-
total
11 115
-
47 117
-
Corporate
187 585
245 500
-
-
surtax
-
-
-
-
income
39 393
51 554
-
-
total
39 393
51 554
-
-
Dividends
148 192
193 946
-
-
withholding
41 494
54 304
-
-
total
41 494
54 304
-
-
Income
245 500
245 500
245 500
245 500
Total tax
106 885
105 858
138 066
118 275
After tax
138 615
139 642
107 434
127 225
Living cost
31 918
31 918
31 918
31 918
Free-cash
106 697
107 724
75 516
95 307

Estimated living cost  is ₽31918 per week

₽23881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5621
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75513
₽83757
₽74585
₽81582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 996
income
-
-
-
48 081
health
-
-
-
12 449
other
-
-
-
7 610
pensions
-
-
-
37 460
surtax
-
-
-
-
total
-
-
-
112 596
Employee
63 732
-
186 536
-
social contributions
1 815
-
5 316
-
income
5 561
-
42 151
-
surtax
-
-
-
-
pensions
7 208
-
14 409
-
total
14 584
-
61 876
-
Employer
63 732
-
186 536
-
other
2 199
-
7 889
-
unemployment
2 582
-
7 554
-
pensions
10 472
-
23 999
-
health
4 461
-
18 962
-
social contributions
191
-
560
-
total
19 905
-
58 964
-
Corporate
161 863
245 500
-
-
surtax
-
-
-
-
income
45 321
68 740
-
-
total
45 321
68 740
-
-
Dividends
116 542
176 760
-
-
withholding
14 917
22 626
-
-
surtax
-
-
-
-
social contributions
20 044
30 402
-
-
total
34 961
53 028
-
-
Income
245 500
245 500
245 500
245 500
Total tax
114 771
121 768
120 840
112 596
After tax
130 729
123 732
124 660
132 904
Living cost
49 147
49 147
49 147
49 147
Free-cash
81 582
74 585
75 513
83 757

Estimated living cost  is ₽49147 per week

₽33262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4020
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽674
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154457
₽147932
₽190362
₽186944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 971
social contributions
-
-
-
54 010
total
-
-
-
66 981
Employee
32 714
-
212 555
-
social contributions
2 126
-
13 816
-
income
-
-
13 695
-
total
2 126
-
27 511
-
Employer
32 714
-
212 555
-
social contributions
5 071
-
32 945
-
total
5 071
-
32 945
-
Corporate
207 716
245 500
-
-
income
20 772
24 551
-
-
total
20 772
24 551
-
-
Dividends
186 944
220 949
-
-
total
-
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
27 969
24 551
60 456
66 981
After tax
217 531
220 949
185 044
178 519
Living cost
30 587
30 587
30 587
30 587
Free-cash
186 944
190 362
154 457
147 932

Estimated living cost  is ₽30587 per week

₽19777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24213
₽92029
₽24213
₽13048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
30 991
pensions
-
-
-
880
labour market
-
-
-
19 570
municipal
-
-
-
53 116
total
-
-
-
104 557
Employee
206 455
206 455
206 455
-
municipal
43 963
43 963
43 963
-
national
25 222
25 222
25 222
-
pensions
293
293
293
-
labour market
16 493
16 493
16 493
-
total
85 971
85 971
85 971
-
Employer
206 455
206 455
206 455
-
national
25 266
25 266
25 266
-
pensions
587
587
587
-
labour market
16 516
16 516
16 516
-
municipal
44 033
44 033
44 033
-
total
86 402
86 402
86 402
-
Corporate
24 211
-
-
-
income
5 326
-
-
-
total
5 326
-
-
-
Dividends
18 885
-
-
-
withholding
5 839
-
-
-
total
5 839
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
183 538
172 373
172 373
104 557
After tax
61 962
73 127
73 127
140 943
Living cost
48 914
48 914
48 914
48 914
Free-cash
13 048
24 213
24 213
92 029

Estimated living cost  is ₽48914 per week

₽33477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113661
₽145558
-₽2141
₽16505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
70 837
health
-
-
-
2 216
other
-
-
-
377
pensions
-
-
-
4 228
total
-
-
-
77 915
Employee
34 650
-
225 033
-
income
4 754
-
55 826
-
health
3 968
-
25 766
-
pensions
3 902
-
7 753
-
total
12 624
-
89 345
-
Employer
34 650
-
225 033
-
unemployment
849
-
5 513
-
pensions
5 634
-
11 196
-
accident
579
-
3 758
-
total
7 062
-
20 467
-
Corporate
203 789
245 500
-
-
income

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

183 410
220 950
-
-
total
183 410
220 950
-
-
Dividends
20 379
24 550
-
-
withholding
3 872
4 664
-
-
total
3 872
4 664
-
-
Income
245 500
245 500
245 500
245 500
Total tax
206 968
225 614
109 812
77 915
After tax
38 532
19 886
135 688
167 585
Living cost
22 027
22 027
22 027
22 027
Free-cash
16 505
-2 141
113 661
145 558

Estimated living cost  is ₽22027 per week

₽16033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81529
₽109650
₽110615
₽113797
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
49 840
health
-
-
-
3 356
municipal
-
-
-
43 587
total
-
-
-
96 783
Employee
53 536
-
206 528
-
municipal
8 769
-
33 613
-
health
400
-
2 756
-
national
884
-
32 526
-
pensions
3 613
-
13 940
-
unemployment
803
-
3 097
-
total
14 469
-
85 932
-
Employer
53 536
-
206 528
-
unemployment
348
-
1 342
-
pensions
9 288
-
35 832
-
health
411
-
1 591
-
accident
54
-
207
-
total
10 101
-
38 972
-
Corporate
181 863
245 500
-
-
income
36 373
49 100
-
-
total
36 373
49 100
-
-
Dividends

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

109 118
147 300
-
-
municipal
19 640
26 515
-
-
national
12 053
20 203
-
-
total
31 693
46 718
-
-
Income
245 500
245 500
245 500
245 500
Total tax
92 636
95 818
124 904
96 783
After tax
152 864
149 682
120 596
148 717
Living cost
39 067
39 067
39 067
39 067
Free-cash
113 797
110 615
81 529
109 650

Estimated living cost  is ₽39067 per week

₽25518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9170
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138943
₽140922
₽155320
₽149784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 464
income
-
-
-
58 295
health
-
-
-
6 260
total
-
-
-
81 019
Employee
78 246
78 246
232 441
-
social contributions
2 958
6 494
8 759
-
income
8 520
7 243
57 229
-
health
606
1 330
3 951
-
total
12 084
15 067
69 939
-
Employer
78 246
78 246
232 441
-
health
658
1 448
4 300
-
social contributions
2 958
6 494
8 759
-
total
3 616
7 942
13 059
-
Corporate
206 240
159 312
-
-
income
25 779
19 915
-
-
total
25 779
19 915
-
-
Dividends
180 461
139 398
-
-
withholding
30 678
23 697
-
-
total
30 678
23 697
-
-
Income
245 500
245 500
245 500
245 500
Total tax
72 157
66 621
82 998
81 019
After tax
173 343
178 879
162 502
164 481
Living cost
23 559
23 559
23 559
23 559
Free-cash
149 784
155 320
138 943
140 922

Estimated living cost  is ₽23559 per week

₽14120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6608
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173224
₽193636
₽187143
₽181965
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
245 500
income
-
-
-
25 524
health
-
-
-
3 682
unemployment
-
-
-
29
pensions
-
-
-
6 473
total
-
-
-
35 708
Employee

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

23 357
-
235 555
-
income
1 597
-
23 002
-
health
1 985
-
8 207
-
pensions
3 503
-
14 483
-
unemployment
116
-
483
-
total
7 201
-
46 175
-
Employer

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

23 357
-
235 555
-
unemployment
116
-
483
-
pensions
1 284
-
5 310
-
health
1 004
-
4 152
-
total
2 404
-
9 945
-
Corporate
219 739
245 500
-
-
income
19 777
22 095
-
-
total
19 777
22 095
-
-
Dividends
199 962
223 405
-
-
withholding
17 997
20 106
-
-
total
17 997
20 106
-
-
Income
245 500
245 500
245 500
245 500
Total tax
47 379
42 201
56 120
35 708
After tax
198 121
203 299
189 380
209 792
Living cost
16 156
16 156
16 156
16 156
Free-cash
181 965
187 143
173 224
193 636

Estimated living cost  is ₽16156 per week

₽10308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104779
₽109050
₽134861
₽130367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
850
income
-
-
-
80 173
unemployment
-
-
-
660
other
-
-
-
95
pensions
-
-
-
26 690
total
-
-
-
108 468
Employee
37 625
-
215 432
-
income
7 254
-
76 680
-
pensions
1 769
-
4 434
-
unemployment
583
-
1 462
-
other
37
-
95
-
total
9 643
-
82 671
-
Employer
37 625
-
215 432
-
other
301
-
755
-
unemployment
2 070
-
5 187
-
pensions
8 879
-
22 259
-
accident
745
-
1 867
-
total
11 995
-
30 068
-
Corporate
195 879
245 500
-
-
income

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

29 382
36 824
-
-
total
29 382
36 824
-
-
Dividends
166 497
208 676
-
-
withholding
36 131
45 833
-
-
total
36 131
45 833
-
-
Income
245 500
245 500
245 500
245 500
Total tax
87 151
82 657
112 739
108 468
After tax
158 349
162 843
132 761
137 032
Living cost
27 982
27 982
27 982
27 982
Free-cash
130 367
134 861
104 779
109 050

Estimated living cost  is ₽27982 per week

₽18887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2690
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.
₽5915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156727
₽156848
₽151474
₽151191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
84 772
health
-
-
-
909
pensions
-
-
-
1 253
total
-
-
-
86 934
Employee
2 617
-
244 090
-
income
506
-
84 706
-
health
131
-
313
-
pensions
236
-
564
-
unemployment
26
-
63
-
total
899
-
85 646
-
Employer
2 617
-
244 090
-
unemployment
52
-
125
-
pensions
288
-
689
-
health
249
-
595
-
total
589
-
1 409
-
Corporate
242 294
245 500
-
-
income
53 305
54 010
-
-
total
53 305
54 010
-
-
Dividends
188 989
191 490
-
-
withholding
37 798
38 298
-
-
total
37 798
38 298
-
-
Income
245 500
245 500
245 500
245 500
Total tax
92 591
92 308
87 055
86 934
After tax
152 909
153 192
158 445
158 566
Living cost
1 718
1 718
1 718
1 718
Free-cash
151 191
151 474
156 727
156 848

Estimated living cost  is ₽1718 per week

₽1021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142423
₽142422
₽159806
₽154807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
245 500
income
-
-
-
57 132
health
-
-
-
7 733
unemployment
-
-
-
1 126
pensions
-
-
-
19 519
total
-
-
-
85 510
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.

26 491
-
232 062
-
income
3 652
-
57 132
-
health
1 364
-
3 866
-
pensions
3 709
-
10 510
-
unemployment
199
-
563
-
total
8 924
-
72 071
-
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.

26 491
-
232 062
-
unemployment
199
-
563
-
pensions
3 179
-
9 009
-
health
1 364
-
3 866
-
total
4 742
-
13 438
-
Corporate
214 267
245 500
-
-
income
32 140
36 825
-
-
total
32 140
36 825
-
-
Dividends
182 127
208 675
-
-
withholding
27 319
31 301
-
-
total
27 319
31 301
-
-
Income
245 500
245 500
245 500
245 500
Total tax
73 125
68 126
85 509
85 510
After tax
172 375
177 374
159 991
159 990
Living cost
17 568
17 568
17 568
17 568
Free-cash
154 807
159 806
142 423
142 422

Estimated living cost  is ₽17568 per week

₽11828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80001
₽99792
₽112209
₽111841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 312
income
-
-
-
32 963
surtax
-
-
-
-
total
-
-
-
118 275
Employee
39 494
-
198 383
-
social contributions
4 345
-
21 822
-
income
7 717
-
68 575
-
surtax
-
-
552
-
total
12 062
-
90 949
-
Employer
39 494
-
198 383
-
social contributions
9 379
-
47 117
-
total
9 379
-
47 117
-
Corporate
196 627
245 500
-
-
surtax
-
-
-
-
income
41 291
51 554
-
-
total
41 291
51 554
-
-
Dividends
155 336
193 946
-
-
withholding
43 494
54 304
-
-
total
43 494
54 304
-
-
Income
245 500
245 500
245 500
245 500
Total tax
106 226
105 858
138 066
118 275
After tax
139 274
139 642
107 434
127 225
Living cost
27 433
27 433
27 433
27 433
Free-cash
111 841
112 209
80 001
99 792

Estimated living cost  is ₽27433 per week

₽19430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1906
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.
₽5612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96999
₽101270
₽127081
₽120423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
850
income
-
-
-
80 173
unemployment
-
-
-
660
other
-
-
-
95
pensions
-
-
-
26 690
total
-
-
-
108 468
Employee
49 144
-
215 432
-
income
10 264
-
76 680
-
pensions
2 309
-
4 434
-
unemployment
761
-
1 462
-
other
48
-
95
-
total
13 382
-
82 671
-
Employer
49 144
-
215 432
-
other
394
-
755
-
unemployment
2 703
-
5 187
-
pensions
11 598
-
22 259
-
accident
973
-
1 867
-
total
15 668
-
30 068
-
Corporate
180 688
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.

27 104
36 824
-
-
total
27 104
36 824
-
-
Dividends
153 585
208 676
-
-
withholding
33 161
45 833
-
-
total
33 161
45 833
-
-
Income
245 500
245 500
245 500
245 500
Total tax
89 315
82 657
112 739
108 468
After tax
156 185
162 843
132 761
137 032
Living cost
35 762
35 762
35 762
35 762
Free-cash
120 423
127 081
96 999
101 270

Estimated living cost  is ₽35762 per week

₽25682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽192234
₽181878
₽192527
₽186371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
36 825
health
-
-
-
4 058
unemployment
-
-
-
141
pensions

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

-
-
-
5 222
total
-
-
-
46 246
Employee
23 008
-
238 578
-
income
2 301
-
23 858
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
health
1 058
-
1 623
-
pensions

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

2 020
-
3 098
-
total
5 632
-
28 967
-
Employer
23 008
-
238 578
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 888
-
health
1 588
-
2 435
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
total
4 514
-
6 923
-
Corporate
217 977
245 500
-
-
income
21 798
24 550
-
-
total
21 798
24 550
-
-
Dividends
196 179
220 950
-
-
withholding
9 809
11 047
-
-
total
9 809
11 047
-
-
Income
245 500
245 500
245 500
245 500
Total tax
41 753
35 597
35 890
46 246
After tax
203 747
209 903
209 610
199 254
Living cost
17 376
17 376
17 376
17 376
Free-cash
186 371
192 527
192 234
181 878

Estimated living cost  is ₽17376 per week

₽11492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4475
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111451
₽83011
₽86954
₽100264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
245 500
income

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

-
-
-
83 234
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.

-
-
-
6 952
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.

-
-
-
4 578
trade
-
-
-
28 440
total
-
-
-
123 204
Employee

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

50 630
-
245 500
-
income

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

4 163
-
83 234
-
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.

230
-
4 578
-
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.

6 952
-
6 952
-
total
11 345
-
94 764
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 870
245 500
-
-
surtax

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

1 609
2 026
-
-
income
29 230
36 824
-
-
chamber of commerce
440
514
-
-
trade
27 963
35 229
-
-
total
59 242
74 593
-
-
Dividends
135 628
170 907
-
-
withholding
33 520
42 339
-
-
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.

1 844
2 329
-
-
total
35 364
44 668
-
-
Income
245 500
245 500
245 500
245 500
Total tax
105 951
119 261
94 764
123 204
After tax
139 549
126 239
150 736
122 296
Living cost
39 285
39 285
39 285
39 285
Free-cash
100 264
86 954
111 451
83 011

Estimated living cost  is ₽39285 per week

₽27100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7388
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63661
₽63661
₽113884
₽116133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
81 381
social contributions
-
-
-
42 493
total
-
-
-
123 874
Employee
79 596
-
245 500
-
social contributions
6 613
-
42 493
-
income
15 019
-
81 381
-
total
21 632
-
123 874
-
Employer
79 596
-
245 500
-
total
-
-
-
-
Corporate
165 904
245 500
-
-
income
20 737
30 688
-
-
total
20 737
30 688
-
-
Dividends
145 167
214 812
-
-
withholding
29 033
42 963
-
-
total
29 033
42 963
-
-
Income
245 500
245 500
245 500
245 500
Total tax
71 402
73 651
123 874
123 874
After tax
174 098
171 849
121 626
121 626
Living cost
57 965
57 965
57 965
57 965
Free-cash
116 133
113 884
63 661
63 661

Estimated living cost  is ₽57965 per week

₽44099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4723
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.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133573
₽165483
₽117262
₽120817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 824
health

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

-
-
-
6 255
total
-
-
-
43 079
Employee
46 680
-
240 819
-
social contributions
4 677
-
4 681
-
income
5 065
-
65 627
-
total
9 742
-
70 308
-
Employer
46 680
-
240 819
-
social contributions
4 677
-
4 681
-
total
4 677
-
4 681
-
Corporate
194 143
245 500
-
-
income
67 950
85 924
-
-
total
67 950
85 924
-
-
Dividends
126 193
159 576
-
-
social contributions
5 376
5 376
-
-
total
5 376
5 376
-
-
Income
245 500
245 500
245 500
245 500
Total tax
87 745
91 300
74 989
43 079
After tax
157 755
154 200
170 511
202 421
Living cost
36 938
36 938
36 938
36 938
Free-cash
120 817
117 262
133 573
165 483

Estimated living cost  is ₽36938 per week

₽24331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98062
₽119921
₽115682
₽121731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
77 121
pensions
-
-
-
10 503
total
-
-
-
87 624
Employee
52 099
-
213 850
-
income
9 488
-
62 548
-
health
680
-
2 845
-
pensions
3 976
-
12 441
-
total
14 144
-
77 834
-
Employer
52 099
-
213 850
-
pensions
5 264
-
27 585
-
health
990
-
4 064
-
total
6 254
-
31 649
-
Corporate
187 147
245 500
-
-
income

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

35 559
46 644
-
-
total
35 559
46 644
-
-
Dividends
151 588
198 856
-
-
withholding
29 857
45 219
-
-
total
29 857
45 219
-
-
Income
245 500
245 500
245 500
245 500
Total tax
85 814
91 863
109 483
87 624
After tax
159 686
153 637
136 017
157 876
Living cost
37 955
37 955
37 955
37 955
Free-cash
121 731
115 682
98 062
119 921

Estimated living cost  is ₽37955 per week

₽26037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽111480
₽143377
-₽4322
₽16173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
70 837
health
-
-
-
2 216
other
-
-
-
377
pensions
-
-
-
4 228
total
-
-
-
77 915
Employee
38 080
-
225 033
-
income
5 224
-
55 826
-
health
4 360
-
25 766
-
pensions
4 288
-
7 753
-
total
13 872
-
89 345
-
Employer
38 080
-
225 033
-
unemployment
933
-
5 513
-
pensions
6 191
-
11 196
-
accident
636
-
3 758
-
total
7 760
-
20 467
-
Corporate
199 660
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.

179 694
220 950
-
-
total
179 694
220 950
-
-
Dividends
19 966
24 550
-
-
withholding
3 793
4 664
-
-
total
3 793
4 664
-
-
Income
245 500
245 500
245 500
245 500
Total tax
205 119
225 614
109 812
77 915
After tax
40 381
19 886
135 688
167 585
Living cost
24 208
24 208
24 208
24 208
Free-cash
16 173
-4 322
111 480
143 377

Estimated living cost  is ₽24208 per week

₽17766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167857
₽145451
₽174045
₽170961
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 058
income
-
-
-
41 475
work injury
-
-
-
815
unemployment
-
-
-
1 955
pensions
-
-
-
29 983
total
-
-
-
86 286
Employee

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

22 021
-
245 500
-
work injury
110
-
407
-
income
2 202
-
41 475
-
health insurance
1 630
-
6 029
-
pensions
4 052
-
14 991
-
unemployment
264
-
978
-
total
8 258
-
63 880
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
223 479
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%.

22 348
24 550
-
-
total
22 348
24 550
-
-
Dividends
201 131
220 950
-
-
withholding
30 170
33 142
-
-
total
30 170
33 142
-
-
Income
245 500
245 500
245 500
245 500
Total tax
60 776
57 692
63 880
86 286
After tax
184 724
187 808
181 620
159 214
Living cost
13 763
13 763
13 763
13 763
Free-cash
170 961
174 045
167 857
145 451

Estimated living cost  is ₽13763 per week

₽8527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
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.
₽3807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67307
₽75667
₽88776
₽84146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 929
national
-
-
-
70 476
regional
-
-
-
6 140
municipal
-
-
-
1 751
total
-
-
-
129 296
Employee
85 746
-
245 500
-
social contributions
28 913
-
66 769
-
municipal
512
-
1 609
-
regional
1 295
-
5 612
-
national
14 490
-
63 666
-
total
45 210
-
137 656
-
Employer
85 746
-
245 500
-
total
-
-
-
-
Corporate
159 754
245 500
-
-
nationa
38 340
58 919
-
-
municipal
7 701
11 833
-
-
total
46 041
70 752
-
-
Dividends
113 713
174 748
-
-
withholding
29 566
45 435
-
-
total
29 566
45 435
-
-
Income
245 500
245 500
245 500
245 500
Total tax
120 817
116 187
137 656
129 296
After tax
124 683
129 313
107 844
116 204
Living cost
40 537
40 537
40 537
40 537
Free-cash
84 146
88 776
67 307
75 667

Estimated living cost  is ₽40537 per week

₽28475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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