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
₽ 247500
per

Your estimated
City
free-cash

Dresden , Germany
₽94151
₽105313
₽89579
₽121171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
247 500
trade
-
-
-
31 592
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.

-
-
-
84 238
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.

-
-
-
6 894
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.

-
-
-
4 632
total
-
-
-
127 356
Employee

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

38 597
-
247 500
-
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.

6 894
-
6 894
-
surtax

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

59
-
4 632
-
income

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

1 078
-
84 238
-
total
8 031
-
95 764
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
208 903
247 500
-
-
surtax

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

1 723
2 041
-
-
income
31 335
37 126
-
-
trade
32 901
38 981
-
-
chamber of commerce
454
509
-
-
total
66 413
78 657
-
-
Dividends
142 490
168 842
-
-
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.

1 938
2 300
-
-
withholding
35 240
41 827
-
-
total
37 178
44 127
-
-
Income
247 500
247 500
247 500
247 500
Total tax
111 622
122 784
95 764
127 356
After tax
135 878
124 716
151 736
120 144
Living cost
30 565
30 565
30 565
30 565
Free-cash
105 313
94 151
121 171
89 579

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103450
₽102601
₽88462
₽89792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
municipal
-
-
-
27 612
pensions
-
-
-
29 700
national
-
-
-
48 075
social contributions
-
-
-
2 661
total
-
-
-
108 048
Employee
79 044
-
213 962
-
municipal
9 763
-
28 570
-
pensions
3 162
-
8 558
-
national
15 129
-
50 173
-
total
28 054
-
87 301
-
Employer
79 044
-
213 962
-
social contributions
850
-
2 300
-
pensions
6 324
-
17 117
-
total
7 174
-
19 417
-
Corporate
156 066
247 500
-
-
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%.

31 213
49 500
-
-
total
31 213
49 500
-
-
Dividends
124 853
198 000
-
-
withholding
27 468
43 560
-
-
total
27 468
43 560
-
-
Income
247 500
247 500
247 500
247 500
Total tax
93 909
93 060
106 718
108 048
After tax
153 591
154 440
140 782
139 452
Living cost
50 990
50 990
50 990
50 990
Free-cash
102 601
103 450
89 792
88 462

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177006
₽168729
₽70406
₽87688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
247 500
microenterprise
-
-
-
-
income
-
-
-
54 324
surtax
-
-
-
63 112
social contributions

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

-
-
-
38 664
total
-
-
-
156 100
Employee
29 487
-
196 872
-
social contributions

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

3 244
-
13 229
-
surtax
-
-
28 547
-
income
5 249
-
46 413
-
total
8 493
-
88 189
-
Employer
29 487
-
196 872
-
social contributions

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

7 103
-
28 972
-
surtax
-
-
21 657
-
total
7 103
-
50 629
-
Corporate
210 910
247 500
-
-
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%.

42 181
49 500
-
-
total
42 181
49 500
-
-
Dividends

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

168 729
198 000
-
-
total
-
-
-
-
Income
247 500
247 500
247 500
247 500
Total tax
57 777
49 500
138 818
156 100
After tax
189 723
198 000
108 682
91 400
Living cost
20 994
20 994
20 994
20 994
Free-cash
168 729
177 006
87 688
70 406

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽81301
₽75121
₽89514
₽115977
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
91 446
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
115 713
Employee
86 174
86 174
228 747
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
46 229
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
70 496
-
Employer
86 174
86 174
228 747
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
147 293
146 235
-
-
income
29 458
29 248
-
-
total
29 458
29 248
-
-
Dividends
117 834
116 988
-
-
income
25 040
24 860
-
-
withholding
17 675
17 549
-
-
total
42 715
42 409
-
-
Income
247 500
247 500
247 500
247 500
Total tax
130 106
123 926
89 250
115 713
After tax
117 394
123 574
158 250
131 787
Living cost
42 273
42 273
42 273
42 273
Free-cash
75 121
81 301
115 977
89 514

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96146
₽95270
₽83451
₽82505
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
municipal
-
-
-
66 423
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
33 883
total
-
-
-
125 060
Employee
55 556
-
220 651
-
municipal
16 567
-
65 798
-
national
-
-
33 360
-
total
16 567
-
99 158
-
Employer
55 556
-
220 651
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
174 488
247 500
-
-
income
38 387
54 450
-
-
total
38 387
54 450
-
-
Dividends
136 101
193 050
-
-
withholding
40 830
57 915
-
-
total
40 830
57 915
-
-
Income
247 500
247 500
247 500
247 500
Total tax
113 241
112 365
126 006
125 060
After tax
134 259
135 135
121 494
122 440
Living cost
38 989
38 989
38 989
38 989
Free-cash
95 270
96 146
82 505
83 451

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83799
₽97978
₽79099
₽112094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
247 500
trade
-
-
-
32 995
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.

-
-
-
84 238
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.

-
-
-
6 894
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.

-
-
-
4 632
total
-
-
-
128 759
Employee

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

51 174
-
247 500
-
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.

6 894
-
6 894
-
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.

241
-
4 632
-
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.

4 397
-
84 238
-
total
11 532
-
95 764
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
196 326
247 500
-
-
surtax

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

1 620
2 041
-
-
income
29 449
37 126
-
-
trade
32 296
40 715
-
-
chamber of commerce
433
506
-
-
total
63 798
80 388
-
-
Dividends
132 528
167 113
-
-
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.

1 802
2 277
-
-
withholding
32 748
41 394
-
-
total
34 550
43 671
-
-
Income
247 500
247 500
247 500
247 500
Total tax
109 880
124 059
95 764
128 759
After tax
137 620
123 441
151 736
118 741
Living cost
39 642
39 642
39 642
39 642
Free-cash
97 978
83 799
112 094
79 099

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147596
₽143408
₽132942
₽130955
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
59 188
health
-
-
-
6 312
social contributions
-
-
-
16 327
total
-
-
-
81 827
Employee
77 596
77 596
234 476
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
3 987
-
income
8 148
7 183
58 118
-
total
12 691
14 942
70 791
-
Employer
77 596
77 596
234 476
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
4 337
-
total
4 612
7 876
13 023
-
Corporate
197 467
162 027
-
-
income
24 684
20 253
-
-
total
24 684
20 253
-
-
Dividends
172 783
141 775
-
-
withholding
29 374
24 102
-
-
total
29 374
24 102
-
-
Income
247 500
247 500
247 500
247 500
Total tax
71 361
67 173
83 814
81 827
After tax
176 139
180 327
163 686
165 673
Living cost
32 731
32 731
32 731
32 731
Free-cash
143 408
147 596
130 955
132 942

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120552
₽120932
₽153120
₽125142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
30 257
pensions
-
-
-
24 750
unemployment
-
-
-
3 713
health
-
-
-
17 325
total
-
-
-
76 045
Employee

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
207 113
-
health
1 853
737
14 498
-
income
3 236
1 288
25 320
-
pensions
2 647
1 053
20 711
-
unemployment
397
158
3 107
-
total
8 133
3 236
63 636
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
207 113
-
pensions
5 161
2 054
40 387
-
total
5 161
2 054
40 387
-
Corporate
215 872
234 913
-
-
income
19 429
21 142
-
-
total
19 429
21 142
-
-
Dividends
196 444
213 771
-
-
social contributions
38 186
41 565
-
-
withholding
37 324
40 616
-
-
total
75 510
82 181
-
-
Income
247 500
247 500
247 500
247 500
Total tax
108 233
108 613
104 023
76 045
After tax
139 267
138 887
143 477
171 455
Living cost
18 335
18 335
18 335
18 335
Free-cash
120 932
120 552
125 142
153 120

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173626
₽167356
₽108284
₽118280
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
33 166
pensions
-
-
-
49 500
health
-
-
-
32 176
total
-
-
-
114 842
Employee
28 627
-
184 978
-
income
3 223
-
35 663
-
pensions
573
-
3 700
-
unemployment
458
-
2 961
-
total
4 254
-
42 324
-
Employer
28 627
-
184 978
-
unemployment
230
-
1 480
-
pensions
5 726
-
36 996
-
health
3 721
-
24 046
-
total
9 677
-
62 522
-
Corporate
209 197
247 500
-
-
income
41 839
49 500
-
-
total
41 839
49 500
-
-
Dividends
167 358
198 000
-
-
total
-
-
-
-
Income
247 500
247 500
247 500
247 500
Total tax
55 770
49 500
104 846
114 842
After tax
191 730
198 000
142 654
132 658
Living cost
24 374
24 374
24 374
24 374
Free-cash
167 356
173 626
118 280
108 284

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2024
₽16661
₽146866
₽114853
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
accident
-
-
-
253
income
-
-
-
71 576
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
78 563
Employee
34 719
-
227 091
-
health
3 975
-
26 002
-
income
4 763
-
56 511
-
pensions
3 909
-
7 654
-
total
12 647
-
90 167
-
Employer
34 719
-
227 091
-
accident
580
-
3 792
-
unemployment
851
-
5 564
-
pensions
5 646
-
11 053
-
total
7 077
-
20 409
-
Corporate
205 706
247 500
-
-
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.

185 135
222 750
-
-
total
185 135
222 750
-
-
Dividends
20 571
24 750
-
-
withholding
3 909
4 703
-
-
total
3 909
4 703
-
-
Income
247 500
247 500
247 500
247 500
Total tax
208 768
227 453
110 576
78 563
After tax
38 732
20 047
136 924
168 937
Living cost
22 071
22 071
22 071
22 071
Free-cash
16 661
-2 024
114 853
146 866

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽226046
₽224345
₽235946
₽188921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
247 500
microenterprise

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

-
-
-
2 475
total
-
-
-
2 475
Employee
11 349
-
247 500
-
income
2 269
-
49 500
-
total
2 269
-
49 500
-
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%.

236 151
247 500
-
-
total
-
-
-
-
Dividends
236 151
247 500
-
-
withholding
11 807
12 375
-
-
total
11 807
12 375
-
-
Income
247 500
247 500
247 500
247 500
Total tax
14 076
12 375
49 500
2 475
After tax
233 424
235 125
198 000
245 025
Living cost
9 079
9 079
9 079
9 079
Free-cash
224 345
226 046
188 921
235 946

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154950
₽148135
₽124855
₽122856
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
44 887
pensions

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

-
-
-
36 829
other
-
-
-
7 288
health
-
-
-
6 752
total
-
-
-
95 756
Employee
36 640
-
208 390
-
health
513
-
2 149
-
income
6 308
-
44 221
-
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.

2 564
-
10 741
-
unemployment
366
-
1 534
-
total
9 751
-
58 645
-
Employer
36 640
-
208 390
-
accident
293
-
1 668
-
other
1 833
-
7 671
-
unemployment
366
-
1 534
-
pensions

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

6 229
-
26 088
-
health
513
-
2 149
-
total
9 234
-
39 110
-
Corporate
201 626
247 500
-
-
income
42 342
51 975
-
-
total
42 342
51 975
-
-
Dividends
159 284
195 525
-
-
withholding
11 149
13 686
-
-
total
11 149
13 686
-
-
Income
247 500
247 500
247 500
247 500
Total tax
72 476
65 661
97 755
95 756
After tax
175 024
181 839
149 745
151 744
Living cost
26 889
26 889
26 889
26 889
Free-cash
148 135
154 950
122 856
124 855

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86831
₽94986
₽91208
₽69188
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
78 077
pensions
-
-
-
10 493
total
-
-
-
88 570
Employee
95 816
-
215 565
-
health
1 579
-
2 857
-
income
17 272
-
63 396
-
pensions
9 244
-
12 402
-
total
28 095
-
78 655
-
Employer
95 816
-
215 565
-
pensions
11 313
-
27 838
-
health
1 820
-
4 097
-
total
13 133
-
31 935
-
Corporate
138 551
247 500
-
-
income

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

26 324
47 026
-
-
total
26 324
47 026
-
-
Dividends
112 227
200 474
-
-
withholding
17 240
45 921
-
-
total
17 240
45 921
-
-
Income
247 500
247 500
247 500
247 500
Total tax
84 792
92 947
110 590
88 570
After tax
162 708
154 553
136 910
158 930
Living cost
67 722
67 722
67 722
67 722
Free-cash
94 986
86 831
69 188
91 208

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽198373
₽193684
₽187719
₽198175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
37 125
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
46 542
Employee
17 531
-
240 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
24 058
-
pensions

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

1 539
-
3 097
-
total
4 291
-
29 165
-
Employer
17 531
-
240 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
226 529
247 500
-
-
income
22 653
24 750
-
-
total
22 653
24 750
-
-
Dividends
203 876
222 750
-
-
withholding
10 193
11 138
-
-
total
10 193
11 138
-
-
Income
247 500
247 500
247 500
247 500
Total tax
40 577
35 888
36 086
46 542
After tax
206 923
211 612
211 414
200 958
Living cost
13 239
13 239
13 239
13 239
Free-cash
193 684
198 373
198 175
187 719

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67617
₽70157
₽75830
₽102293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
91 446
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
115 713
Employee
93 558
86 174
228 747
-
health
11 672
11 251
12 444
-
income

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

14 105
14 105
46 229
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
70 496
-
Employer
93 558
86 174
228 747
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
137 561
146 235
-
-
income
27 513
29 248
-
-
total
27 513
29 248
-
-
Dividends
110 049
116 988
-
-
income
23 386
24 860
-
-
withholding
16 507
17 549
-
-
total
39 893
42 409
-
-
Income
247 500
247 500
247 500
247 500
Total tax
121 386
123 926
89 250
115 713
After tax
126 114
123 574
158 250
131 787
Living cost
55 957
55 957
55 957
55 957
Free-cash
70 157
67 617
102 293
75 830

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146237
₽137614
₽124034
₽112903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
26 897
health
-
-
-
33 412
solidarity contribution
-
-
-
4 215
social contributions
-
-
-
34 775
total
-
-
-
99 299
Employee
35 540
-
199 749
-
social contributions
2 310
-
7 741
-
health
4 798
-
26 966
-
solidarity contribution
-
-
3 216
-
income
4 265
-
24 756
-
total
11 373
-
62 679
-
Employer
35 540
-
199 749
-
social contributions
8 885
-
29 774
-
health
3 199
-
17 977
-
total
12 084
-
47 751
-
Corporate
199 877
247 500
-
-
income
37 977
47 025
-
-
total
37 977
47 025
-
-
Dividends
161 900
200 475
-
-
withholding
24 285
30 071
-
-
total
24 285
30 071
-
-
Income
247 500
247 500
247 500
247 500
Total tax
85 719
77 096
110 430
99 299
After tax
161 781
170 404
137 070
148 201
Living cost
24 167
24 167
24 167
24 167
Free-cash
137 614
146 237
112 903
124 034

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89471
₽84200
₽77982
₽69427
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
municipal
-
-
-
1 576
regional
-
-
-
3 227
national
-
-
-
71 628
social contributions
-
-
-
50 506
total
-
-
-
126 937
Employee
89 684
-
247 500
-
social contributions
30 241
-
66 215
-
regional
846
-
2 953
-
municipal
475
-
1 450
-
national
15 540
-
64 874
-
total
47 102
-
135 492
-
Employer
89 684
-
247 500
-
total
-
-
-
-
Corporate
157 816
247 500
-
-
nationa
37 877
59 399
-
-
municipal
6 155
9 653
-
-
total
44 032
69 052
-
-
Dividends
113 785
178 447
-
-
withholding
29 585
46 396
-
-
total
29 585
46 396
-
-
Income
247 500
247 500
247 500
247 500
Total tax
120 719
115 448
135 492
126 937
After tax
126 781
132 052
112 008
120 563
Living cost
42 581
42 581
42 581
42 581
Free-cash
84 200
89 471
69 427
77 982

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133411
₽130267
₽93931
₽87762
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
80 676
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
13 897
total
-
-
-
131 301
Employee
33 371
-
219 151
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
12 689
-
income
5 594
-
74 640
-
pensions
2 225
-
8 983
-
unemployment
2 323
-
9 374
-
total
11 103
-
109 120
-
Employer
33 371
-
219 151
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 953
-
health
1 519
-
6 128
-
total
7 025
-
28 350
-
Corporate
207 105
247 500
-
-
income
53 848
64 349
-
-
total
53 848
64 349
-
-
Dividends
153 257
183 151
-
-
withholding
22 989
27 472
-
-
total
22 989
27 472
-
-
Income
247 500
247 500
247 500
247 500
Total tax
94 965
91 821
137 470
131 301
After tax
152 535
155 679
110 030
116 199
Living cost
22 268
22 268
22 268
22 268
Free-cash
130 267
133 411
87 762
93 931

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108287
₽114978
₽112664
₽90644
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
78 077
pensions
-
-
-
10 493
total
-
-
-
88 570
Employee
64 213
-
215 565
-
health
932
-
2 857
-
income
11 565
-
63 396
-
pensions
5 450
-
12 402
-
total
17 947
-
78 655
-
Employer
64 213
-
215 565
-
pensions
6 951
-
27 838
-
health
1 220
-
4 097
-
total
8 171
-
31 935
-
Corporate
175 116
247 500
-
-
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.

33 273
47 026
-
-
total
33 273
47 026
-
-
Dividends
141 843
200 474
-
-
withholding
26 865
45 921
-
-
total
26 865
45 921
-
-
Income
247 500
247 500
247 500
247 500
Total tax
86 256
92 947
110 590
88 570
After tax
161 244
154 553
136 910
158 930
Living cost
46 266
46 266
46 266
46 266
Free-cash
114 978
108 287
90 644
112 664

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽36910
₽69540
₽118259
₽110665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
city
-
-
-
2 609
pensions
-
-
-
22 771
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.

-
-
-
4 950
regional
-
-
-
14 560
health
-
-
-
556
national
-
-
-
7 529
total
-
-
-
52 975
Employee
89 251
-
223 330
-
city
958
-
2 423
-
regional
2 923
-
13 030
-
health
202
-
503
-
pensions
7 498
-
16 744
-
unemployment
-
-
-
-
national
422
-
6 156
-
total
12 003
-
38 856
-
Employer
89 251
-
223 330
-
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.

1 784
-
4 466
-
unemployment
-
-
-
-
pensions
7 498
-
16 744
-
health
202
-
503
-
total
9 484
-
21 713
-
Corporate
147 783
247 500
-
-
regional
31 256
52 347
-
-
national
12 562
21 037
-
-
total
43 818
73 384
-
-
Dividends
103 965
174 116
-
-
withholding
36 389
60 940
-
-
total
36 389
60 940
-
-
Income
247 500
247 500
247 500
247 500
Total tax
101 694
134 324
60 569
52 975
After tax
145 806
113 176
186 931
194 525
Living cost
76 266
76 266
76 266
76 266
Free-cash
69 540
36 910
110 665
118 259

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽75940
₽92306
₽71107
₽105508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
247 500
trade
-
-
-
34 401
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.

-
-
-
84 238
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.

-
-
-
6 894
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.

-
-
-
4 632
total
-
-
-
130 165
Employee

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

60 646
-
247 500
-
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.

6 894
-
6 894
-
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.

393
-
4 632
-
income

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

7 131
-
84 238
-
total
14 418
-
95 764
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
186 854
247 500
-
-
surtax

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

1 542
2 041
-
-
income
28 028
37 126
-
-
trade
32 045
42 446
-
-
chamber of commerce
416
502
-
-
total
62 031
82 115
-
-
Dividends
124 824
165 385
-
-
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.

1 695
2 254
-
-
withholding
30 822
40 963
-
-
total
32 517
43 217
-
-
Income
247 500
247 500
247 500
247 500
Total tax
108 966
125 332
95 764
130 165
After tax
138 534
122 168
151 736
117 335
Living cost
46 228
46 228
46 228
46 228
Free-cash
92 306
75 940
105 508
71 107

Estimated living cost  is ₽46228 per week

₽33763
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.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90217
₽96175
₽99134
₽90584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
48 988
pensions
-
-
-
37 484
other
-
-
-
7 673
health
-
-
-
12 643
surtax
-
-
-
-
social contributions
-
-
-
7 053
total
-
-
-
113 841
Employee
43 189
-
187 890
-
social contributions
1 231
-
5 354
-
surtax
-
-
-
-
income
2 549
-
42 843
-
pensions
4 883
-
14 583
-
total
8 663
-
62 780
-
Employer
43 189
-
187 890
-
other
1 490
-
7 977
-
social contributions
130
-
563
-
unemployment
1 748
-
7 610
-
pensions
7 095
-
24 279
-
health
3 024
-
19 182
-
total
13 487
-
59 611
-
Corporate
190 824
247 500
-
-
surtax
-
-
-
-
income
53 430
69 300
-
-
total
53 430
69 300
-
-
Dividends
137 394
178 200
-
-
surtax
-
-
-
-
social contributions
23 633
30 649
-
-
withholding
17 587
22 809
-
-
total
41 220
53 458
-
-
Income
247 500
247 500
247 500
247 500
Total tax
116 800
122 758
122 391
113 841
After tax
130 700
124 742
125 109
133 659
Living cost
34 525
34 525
34 525
34 525
Free-cash
96 175
90 217
90 584
99 134

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93637
₽99243
₽102554
₽94004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
48 988
pensions
-
-
-
37 484
other
-
-
-
7 673
health
-
-
-
12 643
surtax
-
-
-
-
social contributions
-
-
-
7 053
total
-
-
-
113 841
Employee
38 552
-
187 890
-
social contributions
1 099
-
5 354
-
surtax
-
-
-
-
income
1 988
-
42 843
-
pensions
4 360
-
14 583
-
total
7 447
-
62 780
-
Employer
38 552
-
187 890
-
other
1 331
-
7 977
-
social contributions
115
-
563
-
unemployment
1 561
-
7 610
-
pensions
6 335
-
24 279
-
health
2 698
-
19 182
-
total
12 040
-
59 611
-
Corporate
196 909
247 500
-
-
surtax
-
-
-
-
income
55 134
69 300
-
-
total
55 134
69 300
-
-
Dividends
141 774
178 200
-
-
surtax
-
-
-
-
social contributions
24 385
30 649
-
-
withholding
18 146
22 809
-
-
total
42 531
53 458
-
-
Income
247 500
247 500
247 500
247 500
Total tax
117 152
122 758
122 391
113 841
After tax
130 348
124 742
125 109
133 659
Living cost
31 105
31 105
31 105
31 105
Free-cash
99 243
93 637
94 004
102 554

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽129600
₽130124
₽137545
₽130393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
37 126
health
-
-
-
17 275
social contributions
-
-
-
34 156
total
-
-
-
88 557
Employee
34 215
-
247 500
-
social contributions
4 722
-
34 156
-
health
2 388
-
17 275
-
income
5 707
-
44 278
-
total
12 817
-
95 709
-
Employer
34 215
-
247 500
-
total
-
-
-
-
Corporate
213 285
247 500
-
-
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%.

10 665
12 375
-
-
total
10 665
12 375
-
-
Dividends
202 620
235 125
-
-
health
14 142
16 411
-
-
social contributions
27 961
32 448
-
-
withholding
30 393
35 268
-
-
total
72 496
84 127
-
-
Income
247 500
247 500
247 500
247 500
Total tax
95 978
96 502
95 709
88 557
After tax
151 522
150 998
151 791
158 943
Living cost
21 398
21 398
21 398
21 398
Free-cash
130 124
129 600
130 393
137 545

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100721
₽99158
₽90900
₽28851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
chamber of commerce
-
-
-
990
income
-
-
-
82 837
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
121 043
Employee
50 431
40 215
206 877
-
other
504
402
1 180
-
health
1 951
1 557
4 561
-
income
5 741
2 966
70 359
-
pensions
5 165
4 117
12 072
-
unemployment
1 513
1 206
3 537
-
total
14 874
10 248
91 709
-
Employer
50 431
40 215
206 877
-
accident
655
523
1 532
-
other
2 396
1 909
9 069
-
chamber of commerce
201
161
827
-
unemployment
1 513
1 206
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 795
-
payroll
1 513
1 206
6 206
-
health
1 905
1 520
4 456
-
total
14 711
11 772
40 621
-
Corporate
182 358
195 512
203 047
-
income

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

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

45 590
48 878
50 762
-
total
45 590
48 878
50 762
-
Dividends
136 768
146 634
-
-
withholding
37 610
40 324
-
-
total
37 610
40 324
-
-
Income
247 500
247 500
247 500
247 500
Total tax
112 785
111 222
183 092
121 043
After tax
134 715
136 278
64 408
126 457
Living cost
35 557
35 557
35 557
35 557
Free-cash
99 158
100 721
28 851
90 900

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97880
₽86345
₽70958
₽46449
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
national
-
-
-
101 249
communal

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

-
-
-
13 340
social contributions
-
-
-
25 159
total
-
-
-
139 748
Employee

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

72 183
-
191 697
-
communal

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

3 765
-
9 998
-
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.

3 391
-
9 010
-
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.

5 414
-
14 378
-
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.

628
-
1 668
-
national
22 192
-
73 400
-
total
35 390
-
108 454
-
Employer

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

72 183
-
191 697
-
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.

938
-
2 491
-
unemployment

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

1 053
-
2 800
-
surtax
8 185
-
21 739
-
pensions

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

6 396
-
16 984
-
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.

4 439
-
11 789
-
total
21 011
-
55 803
-
Corporate
154 306
247 500
-
-
surtax
617
1 092
-
-
income
30 862
54 541
-
-
total
31 479
55 633
-
-
Dividends
122 828
191 868
-
-
withholding

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

36 481
57 193
-
-
total
36 481
57 193
-
-
Income
247 500
247 500
247 500
247 500
Total tax
124 361
112 826
164 257
139 748
After tax
123 139
134 674
83 243
107 752
Living cost
36 794
36 794
36 794
36 794
Free-cash
86 345
97 880
46 449
70 958

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127690
₽120779
₽101671
₽97437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
accident
-
-
-
843
income
-
-
-
81 325
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
109 386
Employee
50 231
-
217 682
-
other
50
-
94
-
income
10 598
-
77 860
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
83 801
-
Employer
50 231
-
217 682
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
181 258
247 500
-
-
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.

27 189
37 126
-
-
total
27 189
37 126
-
-
Dividends
154 069
210 374
-
-
withholding
33 290
46 241
-
-
total
33 290
46 241
-
-
Income
247 500
247 500
247 500
247 500
Total tax
90 278
83 367
113 620
109 386
After tax
157 222
164 133
133 880
138 114
Living cost
36 443
36 443
36 443
36 443
Free-cash
120 779
127 690
97 437
101 671

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83528
₽69648
₽60691
₽69560
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
accident
-
-
-
2 020
income
-
-
-
49 161
pensions
-
-
-
35 916
health
-
-
-
16 835
surtax
-
-
-
12 396
communal
-
-
-
15 642
total
-
-
-
131 970
Employee
76 419
-
221 079
-
health
3 401
-
9 839
-
surtax
4 684
-
13 549
-
income
7 381
-
55 603
-
pensions
6 113
-
17 687
-
total
21 579
-
96 678
-
Employer
76 419
-
221 079
-
accident
687
-
1 990
-
pensions
6 113
-
17 687
-
health
2 331
-
6 745
-
total
9 131
-
26 422
-
Corporate
161 950
247 500
-
-
surtax
1 701
2 599
-
-
communal
10 931
16 706
-
-
income
24 292
37 126
-
-
total
36 924
56 431
-
-
Dividends
125 027
191 069
-
-
income
36 626
24 042
-
-
withholding
18 753
28 660
-
-
total
55 379
52 702
-
-
Income
247 500
247 500
247 500
247 500
Total tax
123 013
109 133
123 100
131 970
After tax
124 487
138 367
124 400
115 530
Living cost
54 839
54 839
54 839
54 839
Free-cash
69 648
83 528
69 560
60 691

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133013
₽129802
₽93533
₽87364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
80 676
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
13 897
total
-
-
-
131 301
Employee
33 983
-
219 151
-
other
-
-
-
-
health
867
-
3 434
-
surtax
121
-
12 689
-
income
5 697
-
74 640
-
pensions
2 267
-
8 983
-
unemployment
2 365
-
9 374
-
total
11 317
-
109 120
-
Employer
33 983
-
219 151
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 953
-
health
1 545
-
6 128
-
total
7 154
-
28 350
-
Corporate
206 362
247 500
-
-
income
53 654
64 349
-
-
total
53 654
64 349
-
-
Dividends
152 708
183 151
-
-
withholding
22 907
27 472
-
-
total
22 907
27 472
-
-
Income
247 500
247 500
247 500
247 500
Total tax
95 032
91 821
137 470
131 301
After tax
152 468
155 679
110 030
116 199
Living cost
22 666
22 666
22 666
22 666
Free-cash
129 802
133 013
87 364
93 533

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
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.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102909
₽100668
₽92608
₽84098
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
municipal
-
-
-
1 576
regional
-
-
-
3 999
national
-
-
-
71 628
social contributions
-
-
-
50 506
total
-
-
-
127 709
Employee
55 977
-
247 500
-
social contributions
18 876
-
66 215
-
regional
754
-
3 680
-
municipal
297
-
1 450
-
national
8 868
-
64 874
-
total
28 795
-
136 219
-
Employer
55 977
-
247 500
-
total
-
-
-
-
Corporate
191 523
247 500
-
-
nationa
45 965
59 399
-
-
municipal
9 519
12 300
-
-
total
55 484
71 699
-
-
Dividends
136 038
175 801
-
-
withholding
35 370
45 709
-
-
total
35 370
45 709
-
-
Income
247 500
247 500
247 500
247 500
Total tax
119 649
117 408
136 219
127 709
After tax
127 851
130 092
111 281
119 791
Living cost
27 183
27 183
27 183
27 183
Free-cash
100 668
102 909
84 098
92 608

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140624
₽130000
₽118421
₽107290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
26 897
health
-
-
-
33 412
solidarity contribution
-
-
-
4 215
social contributions
-
-
-
34 775
total
-
-
-
99 299
Employee
43 794
-
199 749
-
social contributions
2 847
-
7 741
-
health
5 912
-
26 966
-
solidarity contribution
-
-
3 216
-
income
5 255
-
24 756
-
total
14 014
-
62 679
-
Employer
43 794
-
199 749
-
social contributions
10 949
-
29 774
-
health
3 941
-
17 977
-
total
14 890
-
47 751
-
Corporate
188 816
247 500
-
-
income
35 875
47 025
-
-
total
35 875
47 025
-
-
Dividends
152 941
200 475
-
-
withholding
22 941
30 071
-
-
total
22 941
30 071
-
-
Income
247 500
247 500
247 500
247 500
Total tax
87 720
77 096
110 430
99 299
After tax
159 780
170 404
137 070
148 201
Living cost
29 780
29 780
29 780
29 780
Free-cash
130 000
140 624
107 290
118 421

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104191
₽103692
₽94462
₽32260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
chamber of commerce
-
-
-
990
income
-
-
-
82 837
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
120 844
Employee
44 111
40 215
207 061
-
other
440
402
1 180
-
health
1 706
1 557
4 561
-
income
3 930
2 966
70 450
-
pensions
4 517
4 117
12 072
-
unemployment
1 323
1 206
3 537
-
total
11 916
10 248
91 800
-
Employer
44 111
40 215
207 061
-
accident
573
523
1 532
-
other
2 095
1 909
9 077
-
chamber of commerce
176
161
829
-
unemployment
1 323
1 206
3 537
-
surtax
-
-
-
-
pensions
5 536
5 048
14 795
-
payroll
1 323
1 206
6 212
-
health
1 668
1 520
4 456
-
total
12 694
11 573
40 438
-
Corporate
190 694
195 711
203 231
-
income

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

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

47 674
48 928
50 808
-
total
47 674
48 928
50 808
-
Dividends
143 021
146 783
-
-
withholding
39 330
40 366
-
-
total
39 330
40 366
-
-
Income
247 500
247 500
247 500
247 500
Total tax
111 614
111 115
183 046
120 844
After tax
135 886
136 385
64 454
126 656
Living cost
32 194
32 194
32 194
32 194
Free-cash
103 692
104 191
32 260
94 462

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽220976
₽218323
₽230876
₽183851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
247 500
microenterprise

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

-
-
-
2 475
total
-
-
-
2 475
Employee
17 686
-
247 500
-
income
3 537
-
49 500
-
total
3 537
-
49 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

229 814
247 500
-
-
total
-
-
-
-
Dividends
229 814
247 500
-
-
withholding
11 491
12 375
-
-
total
11 491
12 375
-
-
Income
247 500
247 500
247 500
247 500
Total tax
15 028
12 375
49 500
2 475
After tax
232 472
235 125
198 000
245 025
Living cost
14 149
14 149
14 149
14 149
Free-cash
218 323
220 976
183 851
230 876

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
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.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143338
₽134896
₽85676
₽80303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
247 500
income
-
-
-
64 831
pensions
-
-
-
45 199
unemployment
-
-
-
372
health
-
-
-
24 355
total
-
-
-
134 757
Employee

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

44 623
-
214 156
-
health
2 882
-
13 834
-
income
7 695
-
59 457
-
pensions
6 917
-
33 194
-
unemployment
63
-
301
-
total
17 557
-
106 786
-
Employer

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

44 623
-
214 156
-
unemployment
27
-
128
-
pensions
3 949
-
18 953
-
health
2 972
-
14 263
-
total
6 948
-
33 344
-
Corporate
195 929
247 500
-
-
income
37 227
47 024
-
-
total
37 227
47 024
-
-
Dividends
158 702
200 476
-
-
withholding
23 805
30 071
-
-
total
23 805
30 071
-
-
Income
247 500
247 500
247 500
247 500
Total tax
85 537
77 095
140 130
134 757
After tax
161 963
170 405
107 370
112 743
Living cost
27 067
27 067
27 067
27 067
Free-cash
134 896
143 338
80 303
85 676

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107014
₽58989
₽127477
₽190652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
48 243
social contributions
-
-
-
28 215
total
-
-
-
76 458
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
96 956
247 500
-
-
income
21 330
54 450
-
-
total
21 330
54 450
-
-
Dividends
75 626
193 050
-
-
income
16 638
42 471
-
-
total
16 638
42 471
-
-
Income
247 500
247 500
247 500
247 500
Total tax
144 946
96 921
13 283
76 458
After tax
102 554
150 579
234 217
171 042
Living cost
43 565
43 565
43 565
43 565
Free-cash
58 989
107 014
190 652
127 477

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109124
₽108109
₽96420
₽76327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
247 500
income
-
-
-
33 421
surtax
-
-
-
-
social contributions

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

-
-
-
86 006
total
-
-
-
119 427
Employee
46 411
-
200 001
-
social contributions
5 105
-
21 999
-
surtax
-
-
620
-
income
9 654
-
69 402
-
total
14 759
-
92 021
-
Employer
46 411
-
200 001
-
social contributions
11 023
-
47 499
-
total
11 023
-
47 499
-
Corporate
190 066
247 500
-
-
surtax
-
-
-
-
income
39 914
51 975
-
-
total
39 914
51 975
-
-
Dividends
150 152
195 525
-
-
withholding
42 042
54 748
-
-
total
42 042
54 748
-
-
Income
247 500
247 500
247 500
247 500
Total tax
107 738
106 723
139 520
119 427
After tax
139 762
140 777
107 980
128 073
Living cost
31 653
31 653
31 653
31 653
Free-cash
108 109
109 124
76 327
96 420

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76003
₽82938
₽84920
₽76370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
48 988
pensions
-
-
-
37 484
other
-
-
-
7 673
health
-
-
-
12 643
surtax
-
-
-
-
social contributions
-
-
-
7 053
total
-
-
-
113 841
Employee
63 203
-
187 890
-
social contributions
1 800
-
5 354
-
surtax
-
-
-
-
income
5 515
-
42 843
-
pensions
7 149
-
14 583
-
total
14 464
-
62 780
-
Employer
63 203
-
187 890
-
other
2 181
-
7 977
-
social contributions
190
-
563
-
unemployment
2 560
-
7 610
-
pensions
10 385
-
24 279
-
health
4 424
-
19 182
-
total
19 740
-
59 611
-
Corporate
164 557
247 500
-
-
surtax
-
-
-
-
income
46 077
69 300
-
-
total
46 077
69 300
-
-
Dividends
118 481
178 200
-
-
surtax
-
-
-
-
social contributions
20 377
30 649
-
-
withholding
15 165
22 809
-
-
total
35 542
53 458
-
-
Income
247 500
247 500
247 500
247 500
Total tax
115 823
122 758
122 391
113 841
After tax
131 677
124 742
125 109
133 659
Living cost
48 739
48 739
48 739
48 739
Free-cash
82 938
76 003
76 370
84 920

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽192417
₽189025
₽149540
₽156115
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
13 177
social contributions
-
-
-
54 449
total
-
-
-
67 626
Employee
32 442
-
214 286
-
income
-
-
13 909
-
social contributions
2 108
-
13 928
-
total
2 108
-
27 837
-
Employer
32 442
-
214 286
-
social contributions
5 029
-
33 214
-
total
5 029
-
33 214
-
Corporate
210 029
247 500
-
-
income
21 004
24 749
-
-
total
21 004
24 749
-
-
Dividends
189 026
222 751
-
-
total
-
-
-
-
Income
247 500
247 500
247 500
247 500
Total tax
28 141
24 749
61 051
67 626
After tax
219 359
222 751
186 449
179 874
Living cost
30 334
30 334
30 334
30 334
Free-cash
189 025
192 417
156 115
149 540

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27542
₽14540
₽93325
₽27542
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
municipal
-
-
-
53 624
pensions
-
-
-
875
national
-
-
-
31 326
labour market
-
-
-
19 730
total
-
-
-
105 555
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
27 542
-
-
-
income
6 059
-
-
-
total
6 059
-
-
-
Dividends
21 483
-
-
-
withholding
6 943
-
-
-
total
6 943
-
-
-
Income
247 500
247 500
247 500
247 500
Total tax
184 340
171 338
171 338
105 555
After tax
63 160
76 162
76 162
141 945
Living cost
48 620
48 620
48 620
48 620
Free-cash
14 540
27 542
27 542
93 325

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1698
₽16713
₽147192
₽115179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
accident
-
-
-
253
income
-
-
-
71 576
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
78 563
Employee
34 207
-
227 091
-
health
3 917
-
26 002
-
income
4 693
-
56 511
-
pensions
3 852
-
7 654
-
total
12 462
-
90 167
-
Employer
34 207
-
227 091
-
accident
571
-
3 792
-
unemployment
838
-
5 564
-
pensions
5 562
-
11 053
-
total
6 971
-
20 409
-
Corporate
206 322
247 500
-
-
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.

185 689
222 750
-
-
total
185 689
222 750
-
-
Dividends
20 632
24 750
-
-
withholding
3 920
4 703
-
-
total
3 920
4 703
-
-
Income
247 500
247 500
247 500
247 500
Total tax
209 042
227 453
110 576
78 563
After tax
38 458
20 047
136 924
168 937
Living cost
21 745
21 745
21 745
21 745
Free-cash
16 713
-1 698
115 179
147 192

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111737
₽115129
₽110759
₽82410
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
247 500
municipal
-
-
-
43 939
health
-
-
-
3 390
national
-
-
-
50 669
total
-
-
-
97 998
Employee
53 092
-
208 210
-
health
396
-
2 784
-
municipal
8 696
-
33 884
-
pensions
3 583
-
14 054
-
unemployment
797
-
3 123
-
national
877
-
33 212
-
total
14 349
-
87 057
-
Employer
53 092
-
208 210
-
accident
54
-
209
-
unemployment
345
-
1 354
-
pensions
9 211
-
36 124
-
health
408
-
1 603
-
total
10 018
-
39 290
-
Corporate
184 391
247 500
-
-
income
36 879
49 500
-
-
total
36 879
49 500
-
-
Dividends

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

110 634
148 500
-
-
national
12 468
20 791
-
-
municipal
19 914
26 729
-
-
total
32 382
47 520
-
-
Income
247 500
247 500
247 500
247 500
Total tax
93 628
97 020
126 347
97 998
After tax
153 872
150 480
121 153
149 502
Living cost
38 743
38 743
38 743
38 743
Free-cash
115 129
111 737
82 410
110 759

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156963
₽151469
₽142309
₽140322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
59 188
health
-
-
-
6 312
social contributions
-
-
-
16 327
total
-
-
-
81 827
Employee
77 596
77 596
234 476
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
3 987
-
income
8 449
7 183
58 118
-
total
11 984
14 942
70 791
-
Employer
77 596
77 596
234 476
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
4 337
-
total
3 587
7 876
13 023
-
Corporate
208 565
162 027
-
-
income
26 071
20 253
-
-
total
26 071
20 253
-
-
Dividends
182 495
141 775
-
-
withholding
31 025
24 102
-
-
total
31 025
24 102
-
-
Income
247 500
247 500
247 500
247 500
Total tax
72 667
67 173
83 814
81 827
After tax
174 833
180 327
163 686
165 673
Living cost
23 364
23 364
23 364
23 364
Free-cash
151 469
156 963
140 322
142 309

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽188933
₽183798
₽195621
₽175380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
247 500
income
-
-
-
25 757
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
35 857
Employee

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

23 163
-
237 638
-
health
1 969
-
8 139
-
income
1 584
-
23 256
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
46 236
-
Employer

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

23 163
-
237 638
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
221 953
247 500
-
-
income
19 975
22 275
-
-
total
19 975
22 275
-
-
Dividends
201 978
225 225
-
-
withholding
18 179
20 270
-
-
total
18 179
20 270
-
-
Income
247 500
247 500
247 500
247 500
Total tax
47 680
42 545
56 098
35 857
After tax
199 820
204 955
191 402
211 643
Living cost
16 022
16 022
16 022
16 022
Free-cash
183 798
188 933
175 380
195 621

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136383
₽131928
₽110364
₽106130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
accident
-
-
-
843
income
-
-
-
81 325
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
109 386
Employee
37 313
-
217 682
-
other
36
-
94
-
income
7 194
-
77 860
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
83 801
-
Employer
37 313
-
217 682
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
198 291
247 500
-
-
income

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

29 744
37 126
-
-
total
29 744
37 126
-
-
Dividends
168 548
210 374
-
-
withholding
36 620
46 241
-
-
total
36 620
46 241
-
-
Income
247 500
247 500
247 500
247 500
Total tax
87 822
83 367
113 620
109 386
After tax
159 678
164 133
133 880
138 114
Living cost
27 750
27 750
27 750
27 750
Free-cash
131 928
136 383
106 130
110 364

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151684
₽151230
₽156500
₽156303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
84 776
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
88 244
Employee
4 198
-
245 238
-
health
210
-
503
-
income
812
-
84 670
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
86 179
-
Employer
4 198
-
245 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
242 358
247 500
-
-
income
53 319
54 450
-
-
total
53 319
54 450
-
-
Dividends
189 039
193 050
-
-
withholding
37 808
38 610
-
-
total
37 808
38 610
-
-
Income
247 500
247 500
247 500
247 500
Total tax
93 514
93 060
88 441
88 244
After tax
153 986
154 440
159 059
159 256
Living cost
2 756
2 756
2 756
2 756
Free-cash
151 230
151 684
156 303
156 500

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161366
₽156401
₽144195
₽144196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
247 500
income
-
-
-
57 659
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
85 852
Employee

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

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

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

26 319
-
234 149
-
health
1 355
-
3 841
-
income
3 628
-
57 659
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
72 501
-
Employer

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

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

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

26 319
-
234 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
216 470
247 500
-
-
income
32 471
37 125
-
-
total
32 471
37 125
-
-
Dividends
184 000
210 375
-
-
withholding
27 600
31 556
-
-
total
27 600
31 556
-
-
Income
247 500
247 500
247 500
247 500
Total tax
73 646
68 681
85 851
85 852
After tax
173 854
178 819
161 649
161 648
Living cost
17 453
17 453
17 453
17 453
Free-cash
156 401
161 366
144 196
144 195

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113572
₽113209
₽100868
₽80775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
247 500
income
-
-
-
33 421
surtax
-
-
-
-
social contributions

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

-
-
-
86 006
total
-
-
-
119 427
Employee
39 166
-
200 001
-
social contributions
4 309
-
21 999
-
surtax
-
-
620
-
income
7 653
-
69 402
-
total
11 962
-
92 021
-
Employer
39 166
-
200 001
-
social contributions
9 301
-
47 499
-
total
9 301
-
47 499
-
Corporate
199 033
247 500
-
-
surtax
-
-
-
-
income
41 797
51 975
-
-
total
41 797
51 975
-
-
Dividends
157 236
195 525
-
-
withholding
44 026
54 748
-
-
total
44 026
54 748
-
-
Income
247 500
247 500
247 500
247 500
Total tax
107 086
106 723
139 520
119 427
After tax
140 414
140 777
107 980
128 073
Living cost
27 205
27 205
27 205
27 205
Free-cash
113 209
113 572
80 775
100 868

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128668
₽122066
₽102649
₽98415
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
accident
-
-
-
843
income
-
-
-
81 325
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
109 386
Employee
48 736
-
217 682
-
other
48
-
94
-
income
10 179
-
77 860
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
83 801
-
Employer
48 736
-
217 682
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
183 226
247 500
-
-
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.

27 484
37 126
-
-
total
27 484
37 126
-
-
Dividends
155 742
210 374
-
-
withholding
33 675
46 241
-
-
total
33 675
46 241
-
-
Income
247 500
247 500
247 500
247 500
Total tax
89 969
83 367
113 620
109 386
After tax
157 531
164 133
133 880
138 114
Living cost
35 465
35 465
35 465
35 465
Free-cash
122 066
128 668
98 415
102 649

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽194241
₽188087
₽183587
₽194043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
37 125
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
46 542
Employee
23 001
-
240 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
24 058
-
pensions

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

2 019
-
3 097
-
total
5 630
-
29 165
-
Employer
23 001
-
240 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
219 986
247 500
-
-
income
21 999
24 750
-
-
total
21 999
24 750
-
-
Dividends
197 987
222 750
-
-
withholding
9 900
11 138
-
-
total
9 900
11 138
-
-
Income
247 500
247 500
247 500
247 500
Total tax
42 042
35 888
36 086
46 542
After tax
205 458
211 612
211 414
200 958
Living cost
17 371
17 371
17 371
17 371
Free-cash
188 087
194 241
194 043
183 587

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88303
₽101503
₽83993
₽112777
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
247 500
trade
-
-
-
28 784
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.

-
-
-
84 238
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.

-
-
-
6 894
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.

-
-
-
4 632
total
-
-
-
124 548
Employee

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

50 210
-
247 500
-
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.

6 894
-
6 894
-
surtax

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

228
-
4 632
-
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.

4 129
-
84 238
-
total
11 251
-
95 764
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
197 290
247 500
-
-
surtax

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

1 628
2 041
-
-
income
29 594
37 126
-
-
trade
28 311
35 515
-
-
chamber of commerce
442
517
-
-
total
59 975
75 199
-
-
Dividends
137 315
172 300
-
-
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.

1 867
2 348
-
-
withholding
33 945
42 691
-
-
total
35 812
45 039
-
-
Income
247 500
247 500
247 500
247 500
Total tax
107 038
120 238
95 764
124 548
After tax
140 462
127 262
151 736
122 952
Living cost
38 959
38 959
38 959
38 959
Free-cash
101 503
88 303
112 777
83 993

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115766
₽117994
₽64789
₽64789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
82 320
social contributions
-
-
-
42 907
total
-
-
-
125 227
Employee
78 935
-
247 500
-
income
14 895
-
82 320
-
social contributions
6 558
-
42 907
-
total
21 453
-
125 227
-
Employer
78 935
-
247 500
-
total
-
-
-
-
Corporate
168 565
247 500
-
-
income
21 071
30 937
-
-
total
21 071
30 937
-
-
Dividends
147 494
216 563
-
-
withholding
29 498
43 313
-
-
total
29 498
43 313
-
-
Income
247 500
247 500
247 500
247 500
Total tax
72 022
74 250
125 227
125 227
After tax
175 478
173 250
122 273
122 273
Living cost
57 484
57 484
57 484
57 484
Free-cash
117 994
115 766
64 789
64 789

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118914
₽122439
₽167002
₽135091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
247 500
income
-
-
-
37 126
health

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

-
-
-
6 741
total
-
-
-
43 867
Employee
46 292
-
242 858
-
income
5 023
-
66 494
-
social contributions
4 638
-
4 642
-
total
9 661
-
71 136
-
Employer
46 292
-
242 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
196 570
247 500
-
-
income
68 800
86 624
-
-
total
68 800
86 624
-
-
Dividends
127 770
160 876
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
247 500
247 500
247 500
247 500
Total tax
88 430
91 955
75 778
43 867
After tax
159 070
155 545
171 722
203 633
Living cost
36 631
36 631
36 631
36 631
Free-cash
122 439
118 914
135 091
167 002

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
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.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116940
₽122938
₽121317
₽99297
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
income
-
-
-
78 077
pensions
-
-
-
10 493
total
-
-
-
88 570
Employee
51 629
-
215 565
-
health
673
-
2 857
-
income
9 402
-
63 396
-
pensions
3 941
-
12 402
-
total
14 016
-
78 655
-
Employer
51 629
-
215 565
-
pensions
5 216
-
27 838
-
health
981
-
4 097
-
total
6 197
-
31 935
-
Corporate
189 674
247 500
-
-
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.

36 038
47 026
-
-
total
36 038
47 026
-
-
Dividends
153 636
200 474
-
-
withholding
30 698
45 921
-
-
total
30 698
45 921
-
-
Income
247 500
247 500
247 500
247 500
Total tax
86 949
92 947
110 590
88 570
After tax
160 551
154 553
136 910
158 930
Living cost
37 613
37 613
37 613
37 613
Free-cash
122 938
116 940
99 297
121 317

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3851
₽16383
₽145039
₽113026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
accident
-
-
-
253
income
-
-
-
71 576
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
78 563
Employee
37 593
-
227 091
-
health
4 304
-
26 002
-
income
5 157
-
56 511
-
pensions
4 233
-
7 654
-
total
13 694
-
90 167
-
Employer
37 593
-
227 091
-
accident
628
-
3 792
-
unemployment
921
-
5 564
-
pensions
6 112
-
11 053
-
total
7 661
-
20 409
-
Corporate
202 246
247 500
-
-
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.

182 021
222 750
-
-
total
182 021
222 750
-
-
Dividends
20 225
24 750
-
-
withholding
3 843
4 703
-
-
total
3 843
4 703
-
-
Income
247 500
247 500
247 500
247 500
Total tax
207 219
227 453
110 576
78 563
After tax
40 281
20 047
136 924
168 937
Living cost
23 898
23 898
23 898
23 898
Free-cash
16 383
-3 851
113 026
145 039

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175707
₽172653
₽147626
₽169818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
247 500
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
41 861
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
86 243
Employee

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

21 810
-
247 500
-
work injury
109
-
403
-
income
2 181
-
41 861
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
64 051
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
225 690
247 500
-
-
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%.

22 569
24 750
-
-
total
22 569
24 750
-
-
Dividends
203 121
222 750
-
-
withholding
30 468
33 412
-
-
total
30 468
33 412
-
-
Income
247 500
247 500
247 500
247 500
Total tax
61 216
58 162
64 051
86 243
After tax
186 284
189 338
183 449
161 257
Living cost
13 631
13 631
13 631
13 631
Free-cash
172 653
175 707
169 818
147 626

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90165
₽85577
₽77169
₽68878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
247 500
municipal
-
-
-
1 773
regional
-
-
-
6 223
national
-
-
-
71 628
social contributions
-
-
-
50 506
total
-
-
-
130 130
Employee
85 034
-
247 500
-
social contributions
28 673
-
66 215
-
regional
1 284
-
5 700
-
municipal
507
-
1 632
-
national
14 370
-
64 874
-
total
44 834
-
138 421
-
Employer
85 034
-
247 500
-
total
-
-
-
-
Corporate
162 466
247 500
-
-
nationa
38 991
59 399
-
-
municipal
7 830
11 930
-
-
total
46 821
71 329
-
-
Dividends
115 644
176 171
-
-
withholding
30 067
45 805
-
-
total
30 067
45 805
-
-
Income
247 500
247 500
247 500
247 500
Total tax
121 722
117 134
138 421
130 130
After tax
125 778
130 366
109 079
117 370
Living cost
40 201
40 201
40 201
40 201
Free-cash
85 577
90 165
68 878
77 169

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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