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
₽121316
₽95436
₽89480
₽105753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 669
trade
-
-
-
31 836
income

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

-
-
-
84 891
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.

-
-
-
6 372
total
-
-
-
127 768
Employee

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

35 675
-
245 500
-
health

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

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

6 372
-
6 372
-
surtax

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

55
-
4 669
-
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.

997
-
84 891
-
total
7 424
-
95 932
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
209 825
245 500
-
-
chamber of commerce
443
494
-
-
trade
33 048
38 666
-
-
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.

1 731
2 025
-
-
income
31 473
36 826
-
-
total
66 695
78 011
-
-
Dividends
143 130
167 489
-
-
withholding
35 427
41 518
-
-
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.

1 949
2 283
-
-
total
37 376
43 801
-
-
Income
245 500
245 500
245 500
245 500
Total tax
111 495
121 812
95 932
127 768
After tax
134 005
123 688
149 568
117 732
Living cost
28 252
28 252
28 252
28 252
Free-cash
105 753
95 436
121 316
89 480

Estimated living cost  is ₽28252 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89637
₽103455
₽88319
₽102628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
municipal
-
-
-
27 409
social contributions
-
-
-
2 639
national
-
-
-
47 936
pensions
-
-
-
29 460
total
-
-
-
107 444
Employee
77 101
-
212 233
-
pensions
3 084
-
8 489
-
national
14 757
-
50 017
-
municipal
9 523
-
28 359
-
total
27 364
-
86 865
-
Employer
77 101
-
212 233
-
pensions
6 168
-
16 979
-
social contributions
829
-
2 282
-
total
6 997
-
19 261
-
Corporate
156 313
245 500
-
-
income

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

31 263
49 100
-
-
total
31 263
49 100
-
-
Dividends
125 050
196 400
-
-
withholding
27 511
43 208
-
-
total
27 511
43 208
-
-
Income
245 500
245 500
245 500
245 500
Total tax
93 135
92 308
106 126
107 444
After tax
152 365
153 192
139 374
138 056
Living cost
49 737
49 737
49 737
49 737
Free-cash
102 628
103 455
89 637
88 319

Estimated living cost  is ₽49737 per week

₽33806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89208
₽176994
₽72289
₽169344
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
surtax
-
-
-
62 603
social contributions

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

-
-
-
35 737
income
-
-
-
55 466
total
-
-
-
153 806
Employee
27 255
-
197 045
-
social contributions

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

2 998
-
12 227
-
surtax
-
-
28 572
-
income
4 852
-
47 633
-
total
7 850
-
88 432
-
Employer
27 255
-
197 045
-
surtax
-
-
21 676
-
social contributions

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

6 565
-
26 779
-
total
6 565
-
48 455
-
Corporate
211 680
245 500
-
-
income

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

42 336
49 101
-
-
total
42 336
49 101
-
-
Dividends

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

169 344
196 399
-
-
total
-
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
56 751
49 101
136 887
153 806
After tax
188 749
196 399
108 613
91 694
Living cost
19 405
19 405
19 405
19 405
Free-cash
169 344
176 994
89 208
72 289

Estimated living cost  is ₽19405 per week

₽12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117873
₽83682
₽90812
₽77968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93 185
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
115 615
Employee
79 651
79 651
228 166
-
health
12 226
10 399
11 502
-
pensions
14 337
10 928
10 928
-
income

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

13 038
13 038
48 790
-
total
39 601
34 365
71 220
-
Employer
79 651
79 651
228 166
-
unemployment
2 867
2 867
3 563
-
health
5 537
5 537
6 880
-
pensions
5 544
5 544
6 891
-
total
13 948
13 948
17 334
-
Corporate
152 878
151 901
-
-
income
30 576
30 381
-
-
total
30 576
30 381
-
-
Dividends
122 302
121 520
-
-
withholding
18 345
18 228
-
-
income
25 989
25 823
-
-
total
44 334
44 051
-
-
Income
245 500
245 500
245 500
245 500
Total tax
128 459
122 745
88 554
115 615
After tax
117 041
122 755
156 946
129 885
Living cost
39 073
39 073
39 073
39 073
Free-cash
77 968
83 682
117 873
90 812

Estimated living cost  is ₽39073 per week

₽27690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82583
₽96359
₽83496
₽95514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
municipal
-
-
-
66 073
other
-
-
-
9 597
unemployment
-
-
-
83
national
-
-
-
34 320
pensions
-
-
-
8 928
accident
-
-
-
165
health
-
-
-
5 154
total
-
-
-
124 320
Employee
53 696
-
219 550
-
national
-
-
33 814
-
municipal
16 012
-
65 470
-
total
16 012
-
99 284
-
Employer
53 696
-
219 550
-
unemployment
1 418
-
2 180
-
accident
107
-
165
-
health
3 302
-
5 079
-
pensions
5 804
-
8 928
-
other
6 240
-
9 597
-
total
16 871
-
25 949
-
Corporate
174 932
245 500
-
-
income
38 485
54 010
-
-
total
38 485
54 010
-
-
Dividends
136 447
191 490
-
-
withholding
40 934
57 447
-
-
total
40 934
57 447
-
-
Income
245 500
245 500
245 500
245 500
Total tax
112 302
111 457
125 233
124 320
After tax
133 198
134 043
120 267
121 180
Living cost
37 684
37 684
37 684
37 684
Free-cash
95 514
96 359
82 583
83 496

Estimated living cost  is ₽37684 per week

₽24976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112926
₽85782
₽79674
₽98889
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 669
trade
-
-
-
33 252
income

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

-
-
-
84 891
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.

-
-
-
6 372
total
-
-
-
129 184
Employee

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

47 301
-
245 500
-
health

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

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

6 372
-
6 372
-
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.

223
-
4 669
-
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.

4 064
-
84 891
-
total
10 659
-
95 932
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
198 199
245 500
-
-
chamber of commerce
423
490
-
-
trade
32 604
40 385
-
-
surtax

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

1 636
2 025
-
-
income
29 729
36 826
-
-
total
64 392
79 726
-
-
Dividends
133 807
165 774
-
-
withholding
33 098
41 090
-
-
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.

1 820
2 260
-
-
total
34 918
43 350
-
-
Income
245 500
245 500
245 500
245 500
Total tax
109 969
123 076
95 932
129 184
After tax
135 531
122 424
149 568
116 316
Living cost
36 642
36 642
36 642
36 642
Free-cash
98 889
85 782
112 926
79 674

Estimated living cost  is ₽36642 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131540
₽148576
₽133480
₽144711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
social contributions
-
-
-
15 091
income
-
-
-
60 415
health
-
-
-
6 261
total
-
-
-
81 767
Employee
71 723
71 723
233 158
-
health
713
1 220
3 963
-
social contributions
3 485
5 953
8 029
-
income
7 531
6 639
59 372
-
total
11 729
13 812
71 364
-
Employer
71 723
71 723
233 158
-
health
777
1 328
4 314
-
social contributions
3 485
5 953
8 029
-
total
4 262
7 281
12 343
-
Corporate
199 255
166 497
-
-
income
24 906
20 812
-
-
total
24 906
20 812
-
-
Dividends
174 349
145 685
-
-
withholding
29 639
24 766
-
-
total
29 639
24 766
-
-
Income
245 500
245 500
245 500
245 500
Total tax
70 536
66 671
83 707
81 767
After tax
174 964
178 829
161 793
163 733
Living cost
30 253
30 253
30 253
30 253
Free-cash
144 711
148 576
131 540
133 480

Estimated living cost  is ₽30253 per week

₽20681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
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.
₽6701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125614
₽121030
₽153368
₽121377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

24 110
9 596
205 439
-
health
1 688
672
14 381
-
pensions
2 411
960
20 544
-
unemployment
362
144
3 082
-
income
2 948
1 173
25 115
-
total
7 409
2 949
63 122
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

24 110
9 596
205 439
-
pensions
4 702
1 871
40 061
-
total
4 702
1 871
40 061
-
Corporate
216 688
234 033
-
-
income
19 502
21 063
-
-
total
19 502
21 063
-
-
Dividends
197 186
212 970
-
-
withholding
37 465
40 464
-
-
social contributions
38 342
41 420
-
-
total
75 807
81 884
-
-
Income
245 500
245 500
245 500
245 500
Total tax
107 420
107 767
103 183
75 429
After tax
138 080
137 733
142 317
170 071
Living cost
16 703
16 703
16 703
16 703
Free-cash
121 377
121 030
125 614
153 368

Estimated living cost  is ₽16703 per week

₽11398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118974
₽173870
₽109059
₽168078
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 896
pensions
-
-
-
49 101
health
-
-
-
31 915
total
-
-
-
113 912
Employee
26 460
-
183 483
-
unemployment
423
-
2 936
-
pensions
529
-
3 669
-
income
2 979
-
35 376
-
total
3 931
-
41 981
-
Employer
26 460
-
183 483
-
unemployment
212
-
1 467
-
health
3 439
-
23 853
-
pensions
5 292
-
36 696
-
total
8 943
-
62 016
-
Corporate
210 096
245 500
-
-
income
42 019
49 101
-
-
total
42 019
49 101
-
-
Dividends
168 077
196 399
-
-
total
-
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
54 893
49 101
103 997
113 912
After tax
190 607
196 399
141 503
131 588
Living cost
22 529
22 529
22 529
22 529
Free-cash
168 078
173 870
118 974
109 059

Estimated living cost  is ₽22529 per week

₽15452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115289
-₽944
₽146712
₽16691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
other
-
-
-
351
income
-
-
-
71 365
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
77 959
Employee
32 765
-
225 767
-
health
3 752
-
25 850
-
pensions
3 689
-
7 223
-
income
4 495
-
56 577
-
total
11 936
-
89 650
-
Employer
32 765
-
225 767
-
unemployment
803
-
5 531
-
accident
547
-
3 770
-
pensions
5 328
-
10 431
-
total
6 678
-
19 732
-
Corporate
206 057
245 500
-
-
income

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

185 451
220 950
-
-
total
185 451
220 950
-
-
Dividends
20 606
24 550
-
-
withholding
3 915
4 665
-
-
total
3 915
4 665
-
-
Income
245 500
245 500
245 500
245 500
Total tax
207 980
225 615
109 382
77 959
After tax
37 520
19 885
136 118
167 541
Living cost
20 829
20 829
20 829
20 829
Free-cash
16 691
-944
115 289
146 712

Estimated living cost  is ₽20829 per week

₽15266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽188846
₽225671
₽235491
₽224255
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
245 500
microenterprise

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

-
-
-
2 455
total
-
-
-
2 455
Employee
9 443
-
245 500
-
income
1 888
-
49 100
-
total
1 888
-
49 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

236 057
245 500
-
-
total
-
-
-
-
Dividends
236 057
245 500
-
-
withholding
11 803
12 275
-
-
total
11 803
12 275
-
-
Income
245 500
245 500
245 500
245 500
Total tax
13 691
12 275
49 100
2 455
After tax
231 809
233 225
196 400
243 045
Living cost
7 554
7 554
7 554
7 554
Free-cash
224 255
225 671
188 846
235 491

Estimated living cost  is ₽7554 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽126009
₽155515
₽127954
₽149218
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
other
-
-
-
6 737
income
-
-
-
45 674
pensions

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

-
-
-
34 041
health
-
-
-
6 241
total
-
-
-
92 693
Employee
33 866
-
209 218
-
health
474
-
1 986
-
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.

2 370
-
9 928
-
unemployment
338
-
1 418
-
income
5 830
-
45 024
-
total
9 012
-
58 356
-
Employer
33 866
-
209 218
-
unemployment
338
-
1 418
-
accident
271
-
1 674
-
health
474
-
1 986
-
pensions

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

5 758
-
24 113
-
other
1 694
-
7 091
-
total
8 535
-
36 282
-
Corporate
203 098
245 500
-
-
income
42 651
51 556
-
-
total
42 651
51 556
-
-
Dividends
160 448
193 944
-
-
withholding
11 231
13 576
-
-
total
11 231
13 576
-
-
Income
245 500
245 500
245 500
245 500
Total tax
71 429
65 132
94 638
92 693
After tax
174 071
180 368
150 862
152 807
Living cost
24 853
24 853
24 853
24 853
Free-cash
149 218
155 515
126 009
127 954

Estimated living cost  is ₽24853 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72196
₽89259
₽93975
₽96821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
78 669
pensions
-
-
-
10 050
total
-
-
-
88 719
Employee
88 860
-
213 718
-
health
1 464
-
2 788
-
pensions
8 573
-
11 777
-
income
16 018
-
64 151
-
total
26 055
-
78 716
-
Employer
88 860
-
213 718
-
health
1 688
-
4 060
-
pensions
10 492
-
27 722
-
total
12 180
-
31 782
-
Corporate
144 460
245 500
-
-
income

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

27 447
46 646
-
-
total
27 447
46 646
-
-
Dividends
117 013
198 854
-
-
withholding
20 191
46 789
-
-
total
20 191
46 789
-
-
Income
245 500
245 500
245 500
245 500
Total tax
85 873
93 435
110 498
88 719
After tax
159 627
152 065
135 002
156 781
Living cost
62 806
62 806
62 806
62 806
Free-cash
96 821
89 259
72 196
93 975

Estimated living cost  is ₽62806 per week

₽47061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽198239
₽197668
₽187739
₽193335
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
unemployment
-
-
-
130
income
-
-
-
36 825
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
45 527
Employee
16 200
-
239 105
-
health
745
-
1 499
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 422
-
2 862
-
income
1 620
-
23 911
-
total
3 965
-
28 631
-
Employer
16 200
-
239 105
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
health
1 118
-
2 249
-
pensions

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

1 785
-
3 592
-
total
3 178
-
6 396
-
Corporate
226 121
245 500
-
-
income
22 612
24 550
-
-
total
22 612
24 550
-
-
Dividends
203 509
220 950
-
-
withholding
10 176
11 048
-
-
total
10 176
11 048
-
-
Income
245 500
245 500
245 500
245 500
Total tax
39 931
35 598
35 027
45 527
After tax
205 569
209 902
210 473
199 973
Living cost
12 234
12 234
12 234
12 234
Free-cash
193 335
197 668
198 239
187 739

Estimated living cost  is ₽12234 per week

₽7143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105225
₽71034
₽78164
₽73381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93 185
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
115 615
Employee
86 476
79 651
228 166
-
health
10 788
10 399
11 502
-
pensions
10 928
10 928
10 928
-
income

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

13 038
13 038
48 790
-
total
34 754
34 365
71 220
-
Employer
86 476
79 651
228 166
-
unemployment
3 113
2 867
3 563
-
health
6 009
5 537
6 880
-
pensions
6 018
5 544
6 891
-
total
15 140
13 948
17 334
-
Corporate
143 883
151 901
-
-
income
28 777
30 381
-
-
total
28 777
30 381
-
-
Dividends
115 106
121 520
-
-
withholding
17 267
18 228
-
-
income
24 460
25 823
-
-
total
41 727
44 051
-
-
Income
245 500
245 500
245 500
245 500
Total tax
120 398
122 745
88 554
115 615
After tax
125 102
122 755
156 946
129 885
Living cost
51 721
51 721
51 721
51 721
Free-cash
73 381
71 034
105 225
78 164

Estimated living cost  is ₽51721 per week

₽38153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4620
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.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113959
₽146236
₽125129
₽138104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
4 707
social contributions
-
-
-
32 796
income
-
-
-
26 934
health
-
-
-
33 143
total
-
-
-
97 580
Employee
33 517
-
199 469
-
health
4 525
-
26 928
-
social contributions
2 179
-
7 300
-
solidarity contribution
-
-
3 705
-
income
4 022
-
24 786
-
total
10 726
-
62 719
-
Employer
33 517
-
199 469
-
health
3 017
-
17 952
-
social contributions
8 379
-
28 079
-
total
11 396
-
46 031
-
Corporate
200 588
245 500
-
-
income
38 112
46 645
-
-
total
38 112
46 645
-
-
Dividends
162 476
198 855
-
-
withholding
24 371
29 828
-
-
total
24 371
29 828
-
-
Income
245 500
245 500
245 500
245 500
Total tax
84 605
76 473
108 750
97 580
After tax
160 895
169 027
136 750
147 920
Living cost
22 791
22 791
22 791
22 791
Free-cash
138 104
146 236
113 959
125 129

Estimated living cost  is ₽22791 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73285
₽91626
₽81194
₽86755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
municipal
-
-
-
1 591
social contributions
-
-
-
46 683
national
-
-
-
73 401
regional
-
-
-
3 273
total
-
-
-
124 948
Employee
82 895
-
245 500
-
social contributions
27 952
-
61 202
-
national
14 364
-
67 159
-
regional
782
-
3 022
-
municipal
439
-
1 474
-
total
43 537
-
132 857
-
Employer
82 895
-
245 500
-
total
-
-
-
-
Corporate
162 605
245 500
-
-
municipal
6 342
9 574
-
-
nationa
39 026
58 921
-
-
total
45 368
68 495
-
-
Dividends
117 237
177 005
-
-
withholding
30 482
46 021
-
-
total
30 482
46 021
-
-
Income
245 500
245 500
245 500
245 500
Total tax
119 387
114 516
132 857
124 948
After tax
126 113
130 984
112 643
120 552
Living cost
39 358
39 358
39 358
39 358
Free-cash
86 755
91 626
73 285
81 194

Estimated living cost  is ₽39358 per week

₽27436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88817
₽133838
₽94519
₽130934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
14 351
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
82 101
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
130 399
Employee
30 845
-
219 296
-
health
788
-
3 174
-
pensions
2 057
-
8 303
-
unemployment
2 147
-
8 664
-
surtax
101
-
13 235
-
other
-
-
-
-
income
5 170
-
76 522
-
total
10 263
-
109 898
-
Employer
30 845
-
219 296
-
unemployment
977
-
3 945
-
health
1 404
-
5 664
-
pensions
4 112
-
16 594
-
other
-
-
-
-
total
6 493
-
26 203
-
Corporate
208 163
245 500
-
-
income
54 122
63 829
-
-
total
54 122
63 829
-
-
Dividends
154 040
181 671
-
-
withholding
23 106
27 251
-
-
total
23 106
27 251
-
-
Income
245 500
245 500
245 500
245 500
Total tax
93 984
91 080
136 101
130 399
After tax
151 516
154 420
109 399
115 101
Living cost
20 582
20 582
20 582
20 582
Free-cash
130 934
133 838
88 817
94 519

Estimated living cost  is ₽20582 per week

₽12585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92095
₽109158
₽113874
₽115362
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
78 669
pensions
-
-
-
10 050
total
-
-
-
88 719
Employee
59 552
-
213 718
-
health
864
-
2 788
-
pensions
5 055
-
11 777
-
income
10 726
-
64 151
-
total
16 645
-
78 716
-
Employer
59 552
-
213 718
-
health
1 131
-
4 060
-
pensions
6 447
-
27 722
-
total
7 578
-
31 782
-
Corporate
178 370
245 500
-
-
income

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

33 891
46 646
-
-
total
33 891
46 646
-
-
Dividends
144 479
198 854
-
-
withholding
29 117
46 789
-
-
total
29 117
46 789
-
-
Income
245 500
245 500
245 500
245 500
Total tax
87 231
93 435
110 498
88 719
After tax
158 269
152 065
135 002
156 781
Living cost
42 907
42 907
42 907
42 907
Free-cash
115 362
109 158
92 095
113 874

Estimated living cost  is ₽42907 per week

₽32146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽111428
₽38490
₽118711
₽70054
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
national
-
-
-
7 758
pensions
-
-
-
22 587
regional
-
-
-
14 623
health
-
-
-
553
total
-
-
-
53 018
Employee
86 331
-
221 657
-
health
195
-
498
-
pensions
7 253
-
16 471
-
unemployment
-
-
-
-
city
927
-
2 406
-
national
409
-
6 421
-
regional
2 827
-
13 102
-
total
11 611
-
38 898
-
Employer
86 331
-
221 657
-
unemployment
-
-
-
-
health
195
-
498
-
pensions
7 253
-
16 471
-
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.

1 726
-
4 434
-
total
9 174
-
21 403
-
Corporate
149 046
245 500
-
-
regional
31 524
51 922
-
-
national
12 668
20 868
-
-
total
44 192
72 790
-
-
Dividends
104 854
172 709
-
-
withholding
36 698
60 449
-
-
total
36 698
60 449
-
-
Income
245 500
245 500
245 500
245 500
Total tax
101 675
133 239
60 301
53 018
After tax
143 825
112 261
185 199
192 482
Living cost
73 771
73 771
73 771
73 771
Free-cash
70 054
38 490
111 428
118 711

Estimated living cost  is ₽73771 per week

₽47972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽106839
₽78432
₽72173
₽93560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 669
trade
-
-
-
34 666
income

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

-
-
-
84 891
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.

-
-
-
6 372
total
-
-
-
130 598
Employee

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

56 055
-
245 500
-
health

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

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

6 372
-
6 372
-
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.

363
-
4 669
-
income

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

6 592
-
84 891
-
total
13 327
-
95 932
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 445
245 500
-
-
chamber of commerce
409
487
-
-
trade
32 489
42 104
-
-
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.

1 563
2 025
-
-
income
28 416
36 826
-
-
total
62 877
81 442
-
-
Dividends
126 568
164 059
-
-
withholding
31 287
40 661
-
-
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.

1 720
2 236
-
-
total
33 007
42 897
-
-
Income
245 500
245 500
245 500
245 500
Total tax
109 211
124 339
95 932
130 598
After tax
136 289
121 161
149 568
114 902
Living cost
42 729
42 729
42 729
42 729
Free-cash
93 560
78 432
106 839
72 173

Estimated living cost  is ₽42729 per week

₽31207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3418
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.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89883
₽91822
₽99339
₽97328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
7 611
social contributions
-
-
-
6 993
income
-
-
-
50 693
pensions
-
-
-
36 036
health
-
-
-
12 916
total
-
-
-
114 249
Employee
39 919
-
185 699
-
social contributions
1 138
-
5 291
-
pensions
4 514
-
14 697
-
surtax
-
-
-
-
income
2 356
-
43 917
-
total
8 008
-
63 905
-
Employer
39 919
-
185 699
-
unemployment
1 616
-
7 521
-
health
2 795
-
19 294
-
pensions
6 558
-
24 422
-
other
1 377
-
8 005
-
social contributions
120
-
558
-
total
12 466
-
59 800
-
Corporate
193 114
245 500
-
-
surtax
-
-
-
-
income
54 073
68 739
-
-
total
54 073
68 739
-
-
Dividends
139 041
176 761
-
-
withholding
17 798
22 625
-
-
surtax
-
-
-
-
social contributions
23 915
30 402
-
-
total
41 713
53 027
-
-
Income
245 500
245 500
245 500
245 500
Total tax
116 260
121 766
123 705
114 249
After tax
129 240
123 734
121 795
131 251
Living cost
31 912
31 912
31 912
31 912
Free-cash
97 328
91 822
89 883
99 339

Estimated living cost  is ₽31912 per week

₽20122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93045
₽94984
₽102501
₽100166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
7 611
social contributions
-
-
-
6 993
income
-
-
-
50 693
pensions
-
-
-
36 036
health
-
-
-
12 916
total
-
-
-
114 249
Employee
35 634
-
185 699
-
social contributions
1 016
-
5 291
-
pensions
4 030
-
14 697
-
surtax
-
-
-
-
income
1 837
-
43 917
-
total
6 883
-
63 905
-
Employer
35 634
-
185 699
-
unemployment
1 443
-
7 521
-
health
2 494
-
19 294
-
pensions
5 855
-
24 422
-
other
1 230
-
8 005
-
social contributions
106
-
558
-
total
11 128
-
59 800
-
Corporate
198 738
245 500
-
-
surtax
-
-
-
-
income
55 646
68 739
-
-
total
55 646
68 739
-
-
Dividends
143 092
176 761
-
-
withholding
18 316
22 625
-
-
surtax
-
-
-
-
social contributions
24 611
30 402
-
-
total
42 927
53 027
-
-
Income
245 500
245 500
245 500
245 500
Total tax
116 584
121 766
123 705
114 249
After tax
128 916
123 734
121 795
131 251
Living cost
28 750
28 750
28 750
28 750
Free-cash
100 166
94 984
93 045
102 501

Estimated living cost  is ₽28750 per week

₽16674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70666
₽130000
₽137882
₽130483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 878
income
-
-
-
36 826
health
-
-
-
17 136
total
-
-
-
87 840
Employee
31 625
-
245 500
-
health
2 207
-
17 136
-
social contributions
4 365
-
33 878
-
income
5 275
-
104 042
-
total
11 847
-
155 056
-
Employer
31 625
-
245 500
-
total
-
-
-
-
Corporate
213 875
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%.

10 695
12 275
-
-
total
10 695
12 275
-
-
Dividends
203 180
233 225
-
-
withholding
30 476
34 983
-
-
health
14 182
16 279
-
-
social contributions
28 039
32 185
-
-
total
72 697
83 447
-
-
Income
245 500
245 500
245 500
245 500
Total tax
95 239
95 722
155 056
87 840
After tax
150 261
149 778
90 444
157 660
Living cost
19 778
19 778
19 778
19 778
Free-cash
130 483
130 000
70 666
137 882

Estimated living cost  is ₽19778 per week

₽13236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30564
₽102192
₽92320
₽100750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
184
chamber of commerce
-
-
-
982
unemployment
-
-
-
5 721
income
-
-
-
84 933
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
120 314
Employee
46 614
37 171
206 814
-
health
1 804
1 439
4 216
-
pensions
4 774
3 806
11 158
-
unemployment
1 398
1 115
3 269
-
other
466
372
1 090
-
income
5 307
2 742
72 832
-
total
13 749
9 474
92 565
-
Employer
46 614
37 171
206 814
-
unemployment
1 398
1 115
3 269
-
payroll
1 398
1 115
6 204
-
accident
605
483
1 416
-
health
1 761
1 405
4 119
-
pensions
5 850
4 666
13 675
-
other
2 214
1 765
8 992
-
surtax
184
184
184
-
chamber of commerce
186
149
827
-
total
13 596
10 882
38 686
-
Corporate
185 289
197 447
203 274
-
income

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

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

46 322
49 363
50 819
-
total
46 322
49 363
50 819
-
Dividends
138 967
148 084
-
-
withholding
38 217
40 723
-
-
total
38 217
40 723
-
-
Income
245 500
245 500
245 500
245 500
Total tax
111 884
110 442
182 070
120 314
After tax
133 616
135 058
63 430
125 186
Living cost
32 866
32 866
32 866
32 866
Free-cash
100 750
102 192
30 564
92 320

Estimated living cost  is ₽32866 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47892
₽98722
₽72950
₽89134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
social contributions
-
-
-
23 254
communal

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

-
-
-
13 335
national
-
-
-
101 952
total
-
-
-
138 541
Employee

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

66 719
-
190 149
-
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.

3 135
-
8 937
-
pensions

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

5 004
-
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.

581
-
1 655
-
national
20 512
-
73 478
-
communal

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

3 480
-
9 917
-
total
32 712
-
108 248
-
Employer

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

66 719
-
190 149
-
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.

974
-
2 775
-
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.

867
-
2 471
-
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.

4 103
-
11 695
-
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.

5 912
-
16 847
-
surtax
7 565
-
21 563
-
total
19 421
-
55 351
-
Corporate
159 360
245 500
-
-
surtax
637
1 105
-
-
income
31 871
55 264
-
-
total
32 508
56 369
-
-
Dividends
126 852
189 132
-
-
withholding

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

37 716
56 400
-
-
total
37 716
56 400
-
-
Income
245 500
245 500
245 500
245 500
Total tax
122 357
112 769
163 599
138 541
After tax
123 143
132 731
81 901
106 959
Living cost
34 009
34 009
34 009
34 009
Free-cash
89 134
98 722
47 892
72 950

Estimated living cost  is ₽34009 per week

₽21906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
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.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99266
₽128977
₽103180
₽122587
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
82 699
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
108 635
Employee
46 429
-
217 939
-
pensions
2 182
-
4 064
-
unemployment
720
-
1 340
-
other
46
-
87
-
income
9 796
-
79 497
-
total
12 744
-
84 988
-
Employer
46 429
-
217 939
-
unemployment
2 554
-
4 754
-
accident
919
-
1 712
-
pensions
10 957
-
20 403
-
other
370
-
692
-
total
14 800
-
27 561
-
Corporate
184 272
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.

27 641
36 826
-
-
total
27 641
36 826
-
-
Dividends
156 631
208 674
-
-
withholding
34 043
46 012
-
-
total
34 043
46 012
-
-
Income
245 500
245 500
245 500
245 500
Total tax
89 228
82 838
112 549
108 635
After tax
156 272
162 662
132 951
136 865
Living cost
33 685
33 685
33 685
33 685
Free-cash
122 587
128 977
99 266
103 180

Estimated living cost  is ₽33685 per week

₽24805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71233
₽85214
₽64674
₽72385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
12 573
income
-
-
-
51 681
communal
-
-
-
15 516
pensions
-
-
-
33 027
accident
-
-
-
1 859
health
-
-
-
15 482
total
-
-
-
130 138
Employee
70 635
-
219 295
-
health
3 144
-
9 760
-
pensions
5 650
-
17 543
-
surtax
4 329
-
13 440
-
income
6 823
-
56 630
-
total
19 946
-
97 373
-
Employer
70 635
-
219 295
-
accident
635
-
1 974
-
health
2 154
-
6 689
-
pensions
5 650
-
17 543
-
total
8 439
-
26 206
-
Corporate
166 426
245 500
-
-
communal
11 234
16 571
-
-
surtax
1 747
2 577
-
-
income
24 965
36 826
-
-
total
37 946
55 974
-
-
Dividends
128 480
189 526
-
-
withholding
19 272
28 428
-
-
income
36 824
25 196
-
-
total
56 096
53 624
-
-
Income
245 500
245 500
245 500
245 500
Total tax
122 427
109 598
123 579
130 138
After tax
123 073
135 902
121 921
115 362
Living cost
50 688
50 688
50 688
50 688
Free-cash
72 385
85 214
71 233
64 674

Estimated living cost  is ₽50688 per week

₽38024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88449
₽133470
₽94151
₽130501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
14 351
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
82 101
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
130 399
Employee
31 411
-
219 296
-
health
802
-
3 174
-
pensions
2 096
-
8 303
-
unemployment
2 186
-
8 664
-
surtax
112
-
13 235
-
other
-
-
-
-
income
5 266
-
76 522
-
total
10 462
-
109 898
-
Employer
31 411
-
219 296
-
unemployment
997
-
3 945
-
health
1 428
-
5 664
-
pensions
4 188
-
16 594
-
other
-
-
-
-
total
6 613
-
26 203
-
Corporate
207 476
245 500
-
-
income
53 944
63 829
-
-
total
53 944
63 829
-
-
Dividends
153 533
181 671
-
-
withholding
23 030
27 251
-
-
total
23 030
27 251
-
-
Income
245 500
245 500
245 500
245 500
Total tax
94 049
91 080
136 101
130 399
After tax
151 451
154 420
109 399
115 101
Living cost
20 950
20 950
20 950
20 950
Free-cash
130 501
133 470
88 449
94 151

Estimated living cost  is ₽20950 per week

₽12649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
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.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86798
₽103914
₽94662
₽101843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
municipal
-
-
-
1 591
social contributions
-
-
-
46 683
national
-
-
-
73 401
regional
-
-
-
4 037
total
-
-
-
125 712
Employee
51 740
-
245 500
-
social contributions
17 447
-
61 202
-
national
8 197
-
67 159
-
regional
697
-
3 741
-
municipal
274
-
1 474
-
total
26 615
-
133 576
-
Employer
51 740
-
245 500
-
total
-
-
-
-
Corporate
193 760
245 500
-
-
municipal
9 631
12 201
-
-
nationa
46 502
58 921
-
-
total
56 133
71 122
-
-
Dividends
137 627
174 378
-
-
withholding
35 783
45 338
-
-
total
35 783
45 338
-
-
Income
245 500
245 500
245 500
245 500
Total tax
118 531
116 460
133 576
125 712
After tax
126 969
129 040
111 924
119 788
Living cost
25 126
25 126
25 126
25 126
Free-cash
101 843
103 914
86 798
94 662

Estimated living cost  is ₽25126 per week

₽15626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108665
₽140942
₽119835
₽130922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
4 707
social contributions
-
-
-
32 796
income
-
-
-
26 934
health
-
-
-
33 143
total
-
-
-
97 580
Employee
41 301
-
199 469
-
health
5 576
-
26 928
-
social contributions
2 685
-
7 300
-
solidarity contribution
-
-
3 705
-
income
4 956
-
24 786
-
total
13 217
-
62 719
-
Employer
41 301
-
199 469
-
health
3 717
-
17 952
-
social contributions
10 325
-
28 079
-
total
14 042
-
46 031
-
Corporate
190 156
245 500
-
-
income
36 130
46 645
-
-
total
36 130
46 645
-
-
Dividends
154 027
198 855
-
-
withholding
23 104
29 828
-
-
total
23 104
29 828
-
-
Income
245 500
245 500
245 500
245 500
Total tax
86 493
76 473
108 750
97 580
After tax
159 007
169 027
136 750
147 920
Living cost
28 085
28 085
28 085
28 085
Free-cash
130 922
140 942
108 665
119 835

Estimated living cost  is ₽28085 per week

₽20886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33717
₽105400
₽95613
₽104942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
chamber of commerce
-
-
-
982
unemployment
-
-
-
5 721
income
-
-
-
84 933
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
120 130
Employee
40 772
37 171
206 984
-
health
1 577
1 439
4 216
-
pensions
4 176
3 806
11 158
-
unemployment
1 223
1 115
3 269
-
other
407
372
1 090
-
income
3 632
2 742
72 916
-
total
11 015
9 474
92 649
-
Employer
40 772
37 171
206 984
-
unemployment
1 223
1 115
3 269
-
payroll
1 223
1 115
6 209
-
accident
529
483
1 416
-
health
1 542
1 405
4 119
-
pensions
5 117
4 666
13 675
-
other
1 936
1 765
8 999
-
surtax
-
-
-
-
chamber of commerce
163
149
828
-
total
11 733
10 698
38 515
-
Corporate
192 994
197 631
203 444
-
income

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

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

48 249
49 409
50 862
-
total
48 249
49 409
50 862
-
Dividends
144 745
148 223
-
-
withholding
39 804
40 762
-
-
total
39 804
40 762
-
-
Income
245 500
245 500
245 500
245 500
Total tax
110 801
110 343
182 026
120 130
After tax
134 699
135 157
63 474
125 370
Living cost
29 757
29 757
29 757
29 757
Free-cash
104 942
105 400
33 717
95 613

Estimated living cost  is ₽29757 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
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.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽184628
₽221453
₽231273
₽219246
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
245 500
microenterprise

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

-
-
-
2 455
total
-
-
-
2 455
Employee
14 715
-
245 500
-
income
2 943
-
49 100
-
total
2 943
-
49 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

230 785
245 500
-
-
total
-
-
-
-
Dividends
230 785
245 500
-
-
withholding
11 539
12 275
-
-
total
11 539
12 275
-
-
Income
245 500
245 500
245 500
245 500
Total tax
14 482
12 275
49 100
2 455
After tax
231 018
233 225
196 400
243 045
Living cost
11 772
11 772
11 772
11 772
Free-cash
219 246
221 453
184 628
231 273

Estimated living cost  is ₽11772 per week

₽7966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽79865
₽144007
₽85196
₽136207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
245 500
unemployment
-
-
-
368
income
-
-
-
65 926
pensions
-
-
-
44 835
health
-
-
-
24 157
total
-
-
-
135 286
Employee

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

41 246
-
212 425
-
health
2 664
-
13 723
-
pensions
6 393
-
32 926
-
unemployment
58
-
297
-
income
7 113
-
60 596
-
total
16 228
-
107 542
-
Employer

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

41 246
-
212 425
-
unemployment
25
-
127
-
health
2 747
-
14 148
-
pensions
3 650
-
18 800
-
total
6 422
-
33 075
-
Corporate
197 833
245 500
-
-
income
37 588
46 646
-
-
total
37 588
46 646
-
-
Dividends
160 244
198 854
-
-
withholding
24 037
29 829
-
-
total
24 037
29 829
-
-
Income
245 500
245 500
245 500
245 500
Total tax
84 275
76 475
140 617
135 286
After tax
161 225
169 025
104 883
110 214
Living cost
25 018
25 018
25 018
25 018
Free-cash
136 207
144 007
79 865
85 196

Estimated living cost  is ₽25018 per week

₽17169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽193293
₽109353
₽129651
₽65248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 367
-
-
-
social contributions
4 704
-
670
-
income
12 654
-
-
-
total
17 358
-
670
-
Employer
57 367
-
-
-
social contributions
80 888
-
11 528
-
total
80 888
-
11 528
-
Corporate
107 245
245 500
-
-
income
23 594
54 010
-
-
total
23 594
54 010
-
-
Dividends
83 651
191 490
-
-
income
18 403
42 128
-
-
total
18 403
42 128
-
-
Income
245 500
245 500
245 500
245 500
Total tax
140 243
96 138
12 198
75 840
After tax
105 257
149 362
233 302
169 660
Living cost
40 009
40 009
40 009
40 009
Free-cash
65 248
109 353
193 293
129 651

Estimated living cost  is ₽40009 per week

₽25959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76505
₽110382
₽97009
₽109445
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
85 312
income
-
-
-
33 922
total
-
-
-
119 234
Employee
42 898
-
198 383
-
social contributions
4 719
-
21 823
-
surtax
-
-
874
-
income
8 923
-
69 924
-
total
13 642
-
92 621
-
Employer
42 898
-
198 383
-
social contributions
10 188
-
47 117
-
total
10 188
-
47 117
-
Corporate
192 413
245 500
-
-
surtax
-
-
-
-
income
40 406
51 556
-
-
total
40 406
51 556
-
-
Dividends
152 007
193 944
-
-
withholding
42 562
54 305
-
-
total
42 562
54 305
-
-
Income
245 500
245 500
245 500
245 500
Total tax
106 798
105 861
139 738
119 234
After tax
138 702
139 639
105 762
126 266
Living cost
29 257
29 257
29 257
29 257
Free-cash
109 445
110 382
76 505
97 009

Estimated living cost  is ₽29257 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76745
₽78684
₽86201
₽85093
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
7 611
social contributions
-
-
-
6 993
income
-
-
-
50 693
pensions
-
-
-
36 036
health
-
-
-
12 916
total
-
-
-
114 249
Employee
58 419
-
185 699
-
social contributions
1 664
-
5 291
-
pensions
6 608
-
14 697
-
surtax
-
-
-
-
income
5 097
-
43 917
-
total
13 369
-
63 905
-
Employer
58 419
-
185 699
-
unemployment
2 367
-
7 521
-
health
4 089
-
19 294
-
pensions
9 599
-
24 422
-
other
2 016
-
8 005
-
social contributions
175
-
558
-
total
18 246
-
59 800
-
Corporate
168 836
245 500
-
-
surtax
-
-
-
-
income
47 274
68 739
-
-
total
47 274
68 739
-
-
Dividends
121 562
176 761
-
-
withholding
15 560
22 625
-
-
surtax
-
-
-
-
social contributions
20 908
30 402
-
-
total
36 468
53 027
-
-
Income
245 500
245 500
245 500
245 500
Total tax
115 357
121 766
123 705
114 249
After tax
130 143
123 734
121 795
131 251
Living cost
45 050
45 050
45 050
45 050
Free-cash
85 093
78 684
76 745
86 201

Estimated living cost  is ₽45050 per week

₽30489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156489
₽192912
₽149967
₽189779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
13 484
social contributions
-
-
-
54 011
total
-
-
-
67 495
Employee
29 986
-
212 554
-
social contributions
1 949
-
13 817
-
income
-
-
14 210
-
total
1 949
-
28 027
-
Employer
29 986
-
212 554
-
social contributions
4 648
-
32 946
-
total
4 648
-
32 946
-
Corporate
210 866
245 500
-
-
income
21 086
24 550
-
-
total
21 086
24 550
-
-
Dividends
189 779
220 950
-
-
total
-
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
27 683
24 550
60 973
67 495
After tax
217 817
220 950
184 527
178 005
Living cost
28 038
28 038
28 038
28 038
Free-cash
189 779
192 912
156 489
149 967

Estimated living cost  is ₽28038 per week

₽18129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42274
₽42274
₽95178
₽21046
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
municipal
-
-
-
53 550
labour market
-
-
-
19 575
national
-
-
-
31 467
pensions
-
-
-
809
total
-
-
-
105 401
Employee
189 602
189 602
189 602
-
pensions
270
270
270
-
national
23 163
23 163
23 163
-
labour market
15 147
15 147
15 147
-
municipal
40 375
40 375
40 375
-
total
78 955
78 955
78 955
-
Employer
189 602
189 602
189 602
-
pensions
539
539
539
-
national
23 204
23 204
23 204
-
labour market
15 168
15 168
15 168
-
municipal
40 439
40 439
40 439
-
total
79 350
79 350
79 350
-
Corporate
42 275
-
-
-
income
9 301
-
-
-
total
9 301
-
-
-
Dividends
32 974
-
-
-
withholding
11 927
-
-
-
total
11 927
-
-
-
Income
245 500
245 500
245 500
245 500
Total tax
179 533
158 305
158 305
105 401
After tax
65 967
87 195
87 195
140 099
Living cost
44 921
44 921
44 921
44 921
Free-cash
21 046
42 274
42 274
95 178

Estimated living cost  is ₽44921 per week

₽30745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽691
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115596
-₽637
₽147019
₽16738
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
other
-
-
-
351
income
-
-
-
71 365
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
77 959
Employee
32 282
-
225 767
-
health
3 697
-
25 850
-
pensions
3 635
-
7 223
-
income
4 429
-
56 577
-
total
11 761
-
89 650
-
Employer
32 282
-
225 767
-
unemployment
791
-
5 531
-
accident
539
-
3 770
-
pensions
5 249
-
10 431
-
total
6 579
-
19 732
-
Corporate
206 638
245 500
-
-
income

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

185 974
220 950
-
-
total
185 974
220 950
-
-
Dividends
20 664
24 550
-
-
withholding
3 926
4 665
-
-
total
3 926
4 665
-
-
Income
245 500
245 500
245 500
245 500
Total tax
208 240
225 615
109 382
77 959
After tax
37 260
19 885
136 118
167 541
Living cost
20 522
20 522
20 522
20 522
Free-cash
16 738
-637
115 596
147 019

Estimated living cost  is ₽20522 per week

₽14938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82615
₽111720
₽110736
₽115862
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
245 500
municipal
-
-
-
43 580
national
-
-
-
51 983
health
-
-
-
3 391
total
-
-
-
98 954
Employee
49 073
-
206 529
-
health
366
-
2 791
-
pensions
3 312
-
13 941
-
unemployment
736
-
3 098
-
national
811
-
34 668
-
municipal
8 038
-
33 606
-
total
13 263
-
88 104
-
Employer
49 073
-
206 529
-
unemployment
319
-
1 342
-
accident
50
-
207
-
health
377
-
1 589
-
pensions
8 514
-
35 833
-
total
9 260
-
38 971
-
Corporate
187 168
245 500
-
-
income
37 434
49 101
-
-
total
37 434
49 101
-
-
Dividends

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

112 300
147 299
-
-
national
13 657
22 356
-
-
municipal
20 214
26 513
-
-
total
33 871
48 869
-
-
Income
245 500
245 500
245 500
245 500
Total tax
93 828
97 970
127 075
98 954
After tax
151 672
147 530
118 425
146 546
Living cost
35 810
35 810
35 810
35 810
Free-cash
115 862
111 720
82 615
110 736

Estimated living cost  is ₽35810 per week

₽23391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
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.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140198
₽157234
₽142138
₽152158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
social contributions
-
-
-
15 091
income
-
-
-
60 415
health
-
-
-
6 261
total
-
-
-
81 767
Employee
71 723
71 723
233 158
-
health
556
1 220
3 963
-
social contributions
2 712
5 953
8 029
-
income
7 809
6 639
59 372
-
total
11 077
13 812
71 364
-
Employer
71 723
71 723
233 158
-
health
604
1 328
4 314
-
social contributions
2 712
5 953
8 029
-
total
3 316
7 281
12 343
-
Corporate
209 513
166 497
-
-
income
26 189
20 812
-
-
total
26 189
20 812
-
-
Dividends
183 323
145 685
-
-
withholding
31 165
24 766
-
-
total
31 165
24 766
-
-
Income
245 500
245 500
245 500
245 500
Total tax
71 747
66 671
83 707
81 767
After tax
173 753
178 829
161 793
163 733
Living cost
21 595
21 595
21 595
21 595
Free-cash
152 158
157 234
140 198
142 138

Estimated living cost  is ₽21595 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176997
₽188490
₽195708
₽183744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
245 500
unemployment
-
-
-
27
income
-
-
-
25 648
pensions
-
-
-
5 933
health
-
-
-
3 375
total
-
-
-
34 983
Employee

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

21 409
-
236 384
-
health
1 820
-
7 523
-
pensions
3 211
-
13 275
-
unemployment
106
-
443
-
income
1 464
-
23 336
-
total
6 601
-
44 577
-
Employer

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

21 409
-
236 384
-
unemployment
106
-
443
-
health
920
-
3 806
-
pensions
1 177
-
4 868
-
total
2 203
-
9 117
-
Corporate
221 887
245 500
-
-
income
19 970
22 095
-
-
total
19 970
22 095
-
-
Dividends
201 917
223 405
-
-
withholding
18 173
20 106
-
-
total
18 173
20 106
-
-
Income
245 500
245 500
245 500
245 500
Total tax
46 947
42 201
53 694
34 983
After tax
198 553
203 299
191 806
210 517
Living cost
14 809
14 809
14 809
14 809
Free-cash
183 744
188 490
176 997
195 708

Estimated living cost  is ₽14809 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107302
₽137013
₽111216
₽132894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
82 699
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
108 635
Employee
34 489
-
217 939
-
pensions
1 621
-
4 064
-
unemployment
535
-
1 340
-
other
34
-
87
-
income
6 649
-
79 497
-
total
8 839
-
84 988
-
Employer
34 489
-
217 939
-
unemployment
1 897
-
4 754
-
accident
683
-
1 712
-
pensions
8 139
-
20 403
-
other
276
-
692
-
total
10 995
-
27 561
-
Corporate
200 016
245 500
-
-
income

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

30 002
36 826
-
-
total
30 002
36 826
-
-
Dividends
170 014
208 674
-
-
withholding
37 121
46 012
-
-
total
37 121
46 012
-
-
Income
245 500
245 500
245 500
245 500
Total tax
86 957
82 838
112 549
108 635
After tax
158 543
162 662
132 951
136 865
Living cost
25 649
25 649
25 649
25 649
Free-cash
132 894
137 013
107 302
111 216

Estimated living cost  is ₽25649 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156426
₽151293
₽156561
₽150981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
84 651
pensions
-
-
-
1 385
health
-
-
-
1 004
total
-
-
-
87 040
Employee
2 893
-
243 941
-
health
145
-
346
-
pensions
260
-
623
-
unemployment
29
-
69
-
income
560
-
84 578
-
total
994
-
85 616
-
Employer
2 893
-
243 941
-
unemployment
58
-
139
-
health
275
-
658
-
pensions
318
-
762
-
total
651
-
1 559
-
Corporate
241 956
245 500
-
-
income
53 230
54 010
-
-
total
53 230
54 010
-
-
Dividends
188 726
191 490
-
-
withholding
37 745
38 298
-
-
total
37 745
38 298
-
-
Income
245 500
245 500
245 500
245 500
Total tax
92 620
92 308
87 175
87 040
After tax
152 880
153 192
158 325
158 460
Living cost
1 899
1 899
1 899
1 899
Free-cash
150 981
151 293
156 426
156 561

Estimated living cost  is ₽1899 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145828
₽161241
₽145829
₽156652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
245 500
unemployment
-
-
-
1 034
income
-
-
-
57 478
pensions
-
-
-
17 925
health
-
-
-
7 101
total
-
-
-
83 538
Employee

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

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

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

24 328
-
233 159
-
health
1 253
-
3 551
-
pensions
3 406
-
9 652
-
unemployment
182
-
517
-
income
3 353
-
57 478
-
total
8 194
-
71 198
-
Employer

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

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

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

24 328
-
233 159
-
unemployment
182
-
517
-
health
1 253
-
3 551
-
pensions
2 919
-
8 273
-
total
4 354
-
12 341
-
Corporate
216 817
245 500
-
-
income
32 523
36 825
-
-
total
32 523
36 825
-
-
Dividends
184 295
208 675
-
-
withholding
27 644
31 301
-
-
total
27 644
31 301
-
-
Income
245 500
245 500
245 500
245 500
Total tax
72 715
68 126
83 539
83 538
After tax
172 785
177 374
161 961
161 962
Living cost
16 133
16 133
16 133
16 133
Free-cash
156 652
161 241
145 828
145 829

Estimated living cost  is ₽16133 per week

₽10863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
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.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80616
₽114493
₽101120
₽114158
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
85 312
income
-
-
-
33 922
total
-
-
-
119 234
Employee
36 201
-
198 383
-
social contributions
3 983
-
21 823
-
surtax
-
-
874
-
income
7 074
-
69 924
-
total
11 057
-
92 621
-
Employer
36 201
-
198 383
-
social contributions
8 597
-
47 117
-
total
8 597
-
47 117
-
Corporate
200 702
245 500
-
-
surtax
-
-
-
-
income
42 148
51 556
-
-
total
42 148
51 556
-
-
Dividends
158 554
193 944
-
-
withholding
44 394
54 305
-
-
total
44 394
54 305
-
-
Income
245 500
245 500
245 500
245 500
Total tax
106 196
105 861
139 738
119 234
After tax
139 304
139 639
105 762
126 266
Living cost
25 146
25 146
25 146
25 146
Free-cash
114 158
114 493
80 616
101 120

Estimated living cost  is ₽25146 per week

₽17810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100171
₽129882
₽104085
₽123779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
82 699
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
108 635
Employee
45 047
-
217 939
-
pensions
2 117
-
4 064
-
unemployment
697
-
1 340
-
other
44
-
87
-
income
9 409
-
79 497
-
total
12 267
-
84 988
-
Employer
45 047
-
217 939
-
unemployment
2 478
-
4 754
-
accident
892
-
1 712
-
pensions
10 631
-
20 403
-
other
361
-
692
-
total
14 362
-
27 561
-
Corporate
186 091
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.

27 913
36 826
-
-
total
27 913
36 826
-
-
Dividends
158 178
208 674
-
-
withholding
34 399
46 012
-
-
total
34 399
46 012
-
-
Income
245 500
245 500
245 500
245 500
Total tax
88 941
82 838
112 549
108 635
After tax
156 559
162 662
132 951
136 865
Living cost
32 780
32 780
32 780
32 780
Free-cash
123 779
129 882
100 171
104 085

Estimated living cost  is ₽32780 per week

₽23541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽194421
₽193850
₽183921
₽188163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
unemployment
-
-
-
130
income
-
-
-
36 825
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
45 527
Employee
21 255
-
239 105
-
health
978
-
1 499
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
23 911
-
total
5 204
-
28 631
-
Employer
21 255
-
239 105
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 467
-
2 249
-
pensions

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

2 342
-
3 592
-
total
4 171
-
6 396
-
Corporate
220 075
245 500
-
-
income
22 007
24 550
-
-
total
22 007
24 550
-
-
Dividends
198 067
220 950
-
-
withholding
9 903
11 048
-
-
total
9 903
11 048
-
-
Income
245 500
245 500
245 500
245 500
Total tax
41 285
35 598
35 027
45 527
After tax
204 215
209 902
210 473
199 973
Living cost
16 052
16 052
16 052
16 052
Free-cash
188 163
193 850
194 421
183 921

Estimated living cost  is ₽16052 per week

₽10617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113558
₽90202
₽84552
₽102402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 669
trade
-
-
-
29 006
income

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

-
-
-
84 891
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.

-
-
-
6 372
total
-
-
-
124 938
Employee

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

46 409
-
245 500
-
health

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

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

6 372
-
6 372
-
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.

211
-
4 669
-
income

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

3 816
-
84 891
-
total
10 399
-
95 932
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
199 091
245 500
-
-
chamber of commerce
434
501
-
-
trade
28 570
35 229
-
-
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.

1 643
2 025
-
-
income
29 864
36 826
-
-
total
60 511
74 581
-
-
Dividends
138 581
170 920
-
-
withholding
34 291
42 376
-
-
surtax

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

1 887
2 331
-
-
total
36 178
44 707
-
-
Income
245 500
245 500
245 500
245 500
Total tax
107 088
119 288
95 932
124 938
After tax
138 412
126 212
149 568
120 562
Living cost
36 010
36 010
36 010
36 010
Free-cash
102 402
90 202
113 558
84 552

Estimated living cost  is ₽36010 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66745
₽118719
₽66745
₽120777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
82 783
social contributions
-
-
-
42 840
total
-
-
-
125 623
Employee
72 960
-
245 500
-
social contributions
6 061
-
42 840
-
income
13 767
-
82 783
-
total
19 828
-
125 623
-
Employer
72 960
-
245 500
-
total
-
-
-
-
Corporate
172 540
245 500
-
-
income
21 568
30 687
-
-
total
21 568
30 687
-
-
Dividends
150 972
214 813
-
-
withholding
30 195
42 962
-
-
total
30 195
42 962
-
-
Income
245 500
245 500
245 500
245 500
Total tax
71 591
73 649
125 623
125 623
After tax
173 909
171 851
119 877
119 877
Living cost
53 132
53 132
53 132
53 132
Free-cash
120 777
118 719
66 745
66 745

Estimated living cost  is ₽53132 per week

₽40422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
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.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135740
₽120790
₽169134
₽124048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
245 500
income
-
-
-
36 826
health

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

-
-
-
5 682
total
-
-
-
42 508
Employee
42 788
-
241 209
-
social contributions
4 287
-
4 291
-
income
4 643
-
67 320
-
total
8 930
-
71 611
-
Employer
42 788
-
241 209
-
social contributions
4 287
-
4 291
-
total
4 287
-
4 291
-
Corporate
198 425
245 500
-
-
income
69 449
85 924
-
-
total
69 449
85 924
-
-
Dividends
128 976
159 576
-
-
social contributions
4 928
4 928
-
-
total
4 928
4 928
-
-
Income
245 500
245 500
245 500
245 500
Total tax
87 594
90 852
75 902
42 508
After tax
157 906
154 648
169 598
202 992
Living cost
33 858
33 858
33 858
33 858
Free-cash
124 048
120 790
135 740
169 134

Estimated living cost  is ₽33858 per week

₽22302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100120
₽117183
₽121899
₽122745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
income
-
-
-
78 669
pensions
-
-
-
10 050
total
-
-
-
88 719
Employee
47 881
-
213 718
-
health
625
-
2 788
-
pensions
3 654
-
11 777
-
income
8 719
-
64 151
-
total
12 998
-
78 716
-
Employer
47 881
-
213 718
-
health
910
-
4 060
-
pensions
4 837
-
27 722
-
total
5 747
-
31 782
-
Corporate
191 872
245 500
-
-
income

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

36 456
46 646
-
-
total
36 456
46 646
-
-
Dividends
155 416
198 854
-
-
withholding
32 672
46 789
-
-
total
32 672
46 789
-
-
Income
245 500
245 500
245 500
245 500
Total tax
87 873
93 435
110 498
88 719
After tax
157 627
152 065
135 002
156 781
Living cost
34 882
34 882
34 882
34 882
Free-cash
122 745
117 183
100 120
121 899

Estimated living cost  is ₽34882 per week

₽23929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
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.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽113564
-₽2669
₽144987
₽16427
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
other
-
-
-
351
income
-
-
-
71 365
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
77 959
Employee
35 478
-
225 767
-
health
4 062
-
25 850
-
pensions
3 995
-
7 223
-
income
4 867
-
56 577
-
total
12 924
-
89 650
-
Employer
35 478
-
225 767
-
unemployment
869
-
5 531
-
accident
592
-
3 770
-
pensions
5 768
-
10 431
-
total
7 229
-
19 732
-
Corporate
202 792
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.

182 513
220 950
-
-
total
182 513
220 950
-
-
Dividends
20 279
24 550
-
-
withholding
3 853
4 665
-
-
total
3 853
4 665
-
-
Income
245 500
245 500
245 500
245 500
Total tax
206 519
225 615
109 382
77 959
After tax
38 981
19 885
136 118
167 541
Living cost
22 554
22 554
22 554
22 554
Free-cash
16 427
-2 669
113 564
144 987

Estimated living cost  is ₽22554 per week

₽16552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
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.
₽4233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170666
₽175200
₽150142
₽172376
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
245 500
unemployment
-
-
-
1 791
health insurance
-
-
-
11 046
income
-
-
-
41 703
pensions
-
-
-
27 465
work injury
-
-
-
746
total
-
-
-
82 751
Employee

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

20 172
-
245 500
-
pensions
3 712
-
13 732
-
unemployment
242
-
896
-
work injury
101
-
373
-
health insurance
1 493
-
5 523
-
income
2 017
-
41 703
-
total
7 565
-
62 227
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
225 328
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%.

22 533
24 550
-
-
total
22 533
24 550
-
-
Dividends
202 796
220 950
-
-
withholding
30 419
33 143
-
-
total
30 419
33 143
-
-
Income
245 500
245 500
245 500
245 500
Total tax
60 517
57 693
62 227
82 751
After tax
184 983
187 807
183 273
162 749
Living cost
12 607
12 607
12 607
12 607
Free-cash
172 376
175 200
170 666
150 142

Estimated living cost  is ₽12607 per week

₽7810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72496
₽92153
₽80159
₽87911
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
245 500
municipal
-
-
-
1 790
social contributions
-
-
-
46 683
national
-
-
-
73 401
regional
-
-
-
6 309
total
-
-
-
128 183
Employee
78 598
-
245 500
-
social contributions
26 503
-
61 202
-
national
13 282
-
67 159
-
regional
1 187
-
5 826
-
municipal
469
-
1 659
-
total
41 441
-
135 846
-
Employer
78 598
-
245 500
-
total
-
-
-
-
Corporate
166 902
245 500
-
-
municipal
8 045
11 833
-
-
nationa
40 056
58 921
-
-
total
48 101
70 754
-
-
Dividends
118 802
174 746
-
-
withholding
30 889
45 435
-
-
total
30 889
45 435
-
-
Income
245 500
245 500
245 500
245 500
Total tax
120 431
116 189
135 846
128 183
After tax
125 069
129 311
109 654
117 317
Living cost
37 158
37 158
37 158
37 158
Free-cash
87 911
92 153
72 496
80 159

Estimated living cost  is ₽37158 per week

₽26101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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