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
₽ 248500
per

Your estimated
City
free-cash

Dresden , Germany
₽94907
₽121867
₽90056
₽105977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
248 500
income

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

-
-
-
84 827
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.

-
-
-
4 665
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.

-
-
-
6 835
trade
-
-
-
31 811
total
-
-
-
128 138
Employee

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

38 269
-
248 500
-
surtax

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

59
-
4 665
-
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.

1 069
-
84 827
-
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.

6 835
-
6 835
-
total
7 963
-
96 327
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
210 231
248 500
-
-
income
31 534
37 276
-
-
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.

1 734
2 051
-
-
chamber of commerce
454
509
-
-
trade
33 112
39 138
-
-
total
66 834
78 974
-
-
Dividends
143 398
169 527
-
-
surtax

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

1 950
2 311
-
-
withholding
35 470
42 002
-
-
total
37 420
44 313
-
-
Income
248 500
248 500
248 500
248 500
Total tax
112 217
123 287
96 327
128 138
After tax
136 283
125 213
152 173
120 362
Living cost
30 306
30 306
30 306
30 306
Free-cash
105 977
94 907
121 867
90 056

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102013
₽88897
₽87563
₽101131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
social contributions
-
-
-
2 671
municipal
-
-
-
27 677
national
-
-
-
47 718
pensions
-
-
-
29 820
total
-
-
-
107 886
Employee
82 238
-
214 826
-
municipal
10 158
-
28 639
-
pensions
3 290
-
8 593
-
national
15 740
-
49 825
-
total
29 188
-
87 057
-
Employer
82 238
-
214 826
-
pensions
6 579
-
17 186
-
social contributions
884
-
2 309
-
total
7 463
-
19 495
-
Corporate
153 371
248 500
-
-
income

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

30 674
49 700
-
-
total
30 674
49 700
-
-
Dividends
122 697
198 800
-
-
withholding
26 993
43 736
-
-
total
26 993
43 736
-
-
Income
248 500
248 500
248 500
248 500
Total tax
94 318
93 436
106 552
107 886
After tax
154 182
155 064
141 948
140 614
Living cost
53 051
53 051
53 051
53 051
Free-cash
101 131
102 013
88 897
87 563

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177983
₽88457
₽71144
₽169778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
248 500
income
-
-
-
54 837
surtax
-
-
-
63 368
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.

-
-
-
38 335
microenterprise
-
-
-
-
total
-
-
-
156 540
Employee
29 236
-
197 994
-
surtax
-
-
28 709
-
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.

3 216
-
13 116
-
income
5 204
-
46 896
-
total
8 420
-
88 721
-
Employer
29 236
-
197 994
-
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.

7 042
-
28 726
-
surtax
-
-
21 780
-
total
7 042
-
50 506
-
Corporate
212 221
248 500
-
-
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%.

42 444
49 701
-
-
total
42 444
49 701
-
-
Dividends

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

169 777
198 799
-
-
total
-
-
-
-
Income
248 500
248 500
248 500
248 500
Total tax
57 906
49 701
139 227
156 540
After tax
190 594
198 799
109 273
91 960
Living cost
20 816
20 816
20 816
20 816
Free-cash
169 778
177 983
88 457
71 144

Estimated living cost  is ₽20816 per week

₽13280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82193
₽116971
₽90250
₽76064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
92 275
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
116 336
Employee
85 442
85 442
229 906
-
pensions
15 380
11 723
11 723
-
income

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

13 986
13 986
46 960
-
health
13 114
11 155
12 338
-
total
42 480
36 864
71 021
-
Employer
85 442
85 442
229 906
-
health
5 939
5 939
7 380
-
pensions
5 947
5 947
7 392
-
unemployment
3 076
3 076
3 822
-
total
14 962
14 962
18 594
-
Corporate
149 144
148 096
-
-
income
29 829
29 620
-
-
total
29 829
29 620
-
-
Dividends
119 315
118 476
-
-
income
25 354
25 175
-
-
withholding
17 897
17 772
-
-
total
43 251
42 947
-
-
Income
248 500
248 500
248 500
248 500
Total tax
130 522
124 393
89 615
116 336
After tax
117 978
124 107
158 885
132 164
Living cost
41 914
41 914
41 914
41 914
Free-cash
76 064
82 193
116 971
90 250

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94580
₽81368
₽82365
₽93658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
accident
-
-
-
180
other
-
-
-
10 467
unemployment
-
-
-
90
health
-
-
-
5 621
municipal
-
-
-
66 321
national
-
-
-
32 617
pensions
-
-
-
9 738
total
-
-
-
125 034
Employee
58 565
-
220 197
-
municipal
17 464
-
65 663
-
national
-
-
32 065
-
total
17 464
-
97 728
-
Employer
58 565
-
220 197
-
health
3 602
-
5 540
-
pensions
6 331
-
9 738
-
accident
117
-
180
-
unemployment
1 546
-
2 378
-
other
6 805
-
10 467
-
total
18 401
-
28 303
-
Corporate
171 534
248 500
-
-
income
37 737
54 670
-
-
total
37 737
54 670
-
-
Dividends
133 796
193 830
-
-
withholding
40 139
58 149
-
-
total
40 139
58 149
-
-
Income
248 500
248 500
248 500
248 500
Total tax
113 741
112 819
126 031
125 034
After tax
134 759
135 681
122 469
123 466
Living cost
41 101
41 101
41 101
41 101
Free-cash
93 658
94 580
81 368
82 365

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84632
₽112868
₽79642
₽98692
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
248 500
income

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

-
-
-
84 827
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.

-
-
-
4 665
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.

-
-
-
6 835
trade
-
-
-
33 226
total
-
-
-
129 553
Employee

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

50 740
-
248 500
-
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.

239
-
4 665
-
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.

4 359
-
84 827
-
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.

6 835
-
6 835
-
total
11 433
-
96 327
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
197 760
248 500
-
-
income
29 664
37 276
-
-
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.

1 631
2 051
-
-
chamber of commerce
433
505
-
-
trade
32 531
40 878
-
-
total
64 259
80 710
-
-
Dividends
133 502
167 791
-
-
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.

1 815
2 286
-
-
withholding
32 996
41 567
-
-
total
34 811
43 853
-
-
Income
248 500
248 500
248 500
248 500
Total tax
110 503
124 563
96 327
129 553
After tax
137 997
123 937
152 173
118 947
Living cost
39 305
39 305
39 305
39 305
Free-cash
98 692
84 632
112 868
79 642

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148594
₽131787
₽133780
₽144443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
59 743
social contributions
-
-
-
16 188
health
-
-
-
6 336
total
-
-
-
82 267
Employee
76 937
76 937
235 530
-
social contributions
3 739
6 385
8 613
-
income
8 079
7 122
58 672
-
health
765
1 308
4 004
-
total
12 583
14 815
71 289
-
Employer
76 937
76 937
235 530
-
health
834
1 424
4 358
-
social contributions
3 739
6 385
8 613
-
total
4 573
7 809
12 971
-
Corporate
198 892
163 754
-
-
income
24 862
20 470
-
-
total
24 862
20 470
-
-
Dividends
174 031
143 284
-
-
withholding
29 586
24 359
-
-
total
29 586
24 359
-
-
Income
248 500
248 500
248 500
248 500
Total tax
71 604
67 453
84 260
82 267
After tax
176 896
181 047
164 240
166 233
Living cost
32 453
32 453
32 453
32 453
Free-cash
144 443
148 594
131 787
133 780

Estimated living cost  is ₽32453 per week

₽22185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121076
₽125687
₽153777
₽121459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
30 379
unemployment
-
-
-
3 728
health
-
-
-
17 395
pensions
-
-
-
24 850
total
-
-
-
76 352
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.

26 520
10 554
207 950
-
unemployment
398
158
3 119
-
pensions
2 652
1 055
20 795
-
income
3 242
1 290
25 422
-
health
1 856
739
14 556
-
total
8 148
3 242
63 892
-
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.

26 520
10 554
207 950
-
pensions
5 171
2 058
40 550
-
total
5 171
2 058
40 550
-
Corporate
216 809
235 887
-
-
income
19 513
21 230
-
-
total
19 513
21 230
-
-
Dividends
197 296
214 658
-
-
social contributions
38 352
41 738
-
-
withholding
37 486
40 785
-
-
total
75 838
82 523
-
-
Income
248 500
248 500
248 500
248 500
Total tax
108 670
109 053
104 442
76 352
After tax
139 830
139 447
144 058
172 148
Living cost
18 371
18 371
18 371
18 371
Free-cash
121 459
121 076
125 687
153 777

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174632
₽119064
₽109029
₽168417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
33 300
health
-
-
-
32 305
pensions
-
-
-
49 699
total
-
-
-
115 304
Employee
28 384
-
185 723
-
unemployment
454
-
2 971
-
pensions
568
-
3 714
-
income
3 196
-
35 808
-
total
4 218
-
42 493
-
Employer
28 384
-
185 723
-
health
3 689
-
24 144
-
pensions
5 677
-
37 145
-
unemployment
228
-
1 487
-
total
9 594
-
62 776
-
Corporate
210 522
248 500
-
-
income
42 104
49 701
-
-
total
42 104
49 701
-
-
Dividends
168 418
198 799
-
-
total
-
-
-
-
Income
248 500
248 500
248 500
248 500
Total tax
55 916
49 701
105 269
115 304
After tax
192 584
198 799
143 231
133 196
Living cost
24 167
24 167
24 167
24 167
Free-cash
168 417
174 632
119 064
109 029

Estimated living cost  is ₽24167 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
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.
₽5666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2173
₽115135
₽147321
₽16708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
accident
-
-
-
256
income
-
-
-
71 816
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
78 877
Employee
35 083
-
227 940
-
pensions
3 950
-
7 734
-
income
4 813
-
56 670
-
health
4 017
-
26 099
-
total
12 780
-
90 503
-
Employer
35 083
-
227 940
-
pensions
5 705
-
11 169
-
accident
586
-
3 807
-
unemployment
859
-
5 584
-
total
7 150
-
20 560
-
Corporate
206 268
248 500
-
-
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.

185 641
223 650
-
-
total
185 641
223 650
-
-
Dividends
20 627
24 850
-
-
withholding
3 919
4 721
-
-
total
3 919
4 721
-
-
Income
248 500
248 500
248 500
248 500
Total tax
209 490
228 371
111 063
78 877
After tax
39 010
20 129
137 437
169 623
Living cost
22 302
22 302
22 302
22 302
Free-cash
16 708
-2 173
115 135
147 321

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
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.
₽4256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽228010
₽190735
₽237950
₽226498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
248 500
microenterprise

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

-
-
-
2 485
total
-
-
-
2 485
Employee
10 081
-
248 500
-
income
2 016
-
49 700
-
total
2 016
-
49 700
-
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%.

238 419
248 500
-
-
total
-
-
-
-
Dividends
238 419
248 500
-
-
withholding
11 921
12 425
-
-
total
11 921
12 425
-
-
Income
248 500
248 500
248 500
248 500
Total tax
13 937
12 425
49 700
2 485
After tax
234 563
236 075
198 800
246 015
Living cost
8 065
8 065
8 065
8 065
Free-cash
226 498
228 010
190 735
237 950

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155913
₽124122
₽126119
₽149154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
45 283
other
-
-
-
7 227
health
-
-
-
6 695
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.

-
-
-
36 516
total
-
-
-
95 721
Employee
36 329
-
209 698
-
unemployment
363
-
1 521
-
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.

2 542
-
10 650
-
income
6 254
-
44 616
-
health
509
-
2 130
-
total
9 668
-
58 917
-
Employer
36 329
-
209 698
-
health
509
-
2 130
-
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.

6 177
-
25 866
-
accident
291
-
1 678
-
unemployment
363
-
1 521
-
other
1 817
-
7 606
-
total
9 157
-
38 801
-
Corporate
203 016
248 500
-
-
income
42 634
52 184
-
-
total
42 634
52 184
-
-
Dividends
160 382
196 316
-
-
withholding
11 227
13 743
-
-
total
11 227
13 743
-
-
Income
248 500
248 500
248 500
248 500
Total tax
72 686
65 927
97 718
95 721
After tax
175 814
182 573
150 782
152 779
Living cost
26 660
26 660
26 660
26 660
Free-cash
149 154
155 913
124 122
126 119

Estimated living cost  is ₽26660 per week

₽18837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88379
₽70831
₽92913
₽96365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
78 859
pensions
-
-
-
10 400
total
-
-
-
89 259
Employee
93 844
-
216 397
-
pensions
9 053
-
12 251
-
income
16 916
-
64 136
-
health
1 546
-
2 851
-
total
27 515
-
79 238
-
Employer
93 844
-
216 397
-
health
1 782
-
4 111
-
pensions
11 080
-
27 992
-
total
12 862
-
32 103
-
Corporate
141 794
248 500
-
-
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.

26 942
47 215
-
-
total
26 942
47 215
-
-
Dividends
114 852
201 285
-
-
withholding
18 488
46 578
-
-
total
18 488
46 578
-
-
Income
248 500
248 500
248 500
248 500
Total tax
85 807
93 793
111 341
89 259
After tax
162 693
154 707
137 159
159 241
Living cost
66 328
66 328
66 328
66 328
Free-cash
96 365
88 379
70 831
92 913

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽199355
₽199308
₽188783
₽194709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
37 275
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
46 604
Employee
17 364
-
241 646
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
pensions

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

1 525
-
3 068
-
income
1 736
-
24 165
-
health
799
-
1 607
-
total
4 251
-
29 224
-
Employer
17 364
-
241 646
-
health
1 198
-
2 411
-
pensions

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

1 914
-
3 850
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
210
-
total
3 407
-
6 855
-
Corporate
227 729
248 500
-
-
income
22 772
24 850
-
-
total
22 772
24 850
-
-
Dividends
204 956
223 650
-
-
withholding
10 248
11 182
-
-
total
10 248
11 182
-
-
Income
248 500
248 500
248 500
248 500
Total tax
40 678
36 032
36 079
46 604
After tax
207 822
212 468
212 421
201 896
Living cost
13 113
13 113
13 113
13 113
Free-cash
194 709
199 355
199 308
188 783

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68625
₽103403
₽76682
₽71140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
92 275
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
116 336
Employee
92 763
85 442
229 906
-
pensions
11 723
11 723
11 723
-
income

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

13 986
13 986
46 960
-
health
11 573
11 155
12 338
-
total
37 282
36 864
71 021
-
Employer
92 763
85 442
229 906
-
health
6 446
5 939
7 380
-
pensions
6 456
5 947
7 392
-
unemployment
3 340
3 076
3 822
-
total
16 242
14 962
18 594
-
Corporate
139 495
148 096
-
-
income
27 900
29 620
-
-
total
27 900
29 620
-
-
Dividends
111 596
118 476
-
-
income
23 715
25 175
-
-
withholding
16 739
17 772
-
-
total
40 454
42 947
-
-
Income
248 500
248 500
248 500
248 500
Total tax
121 878
124 393
89 615
116 336
After tax
126 622
124 107
158 885
132 164
Living cost
55 482
55 482
55 482
55 482
Free-cash
71 140
68 625
103 403
76 682

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146232
₽112366
₽123475
₽137363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
26 877
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
3 967
health
-
-
-
33 548
total
-
-
-
100 165
Employee
36 559
-
199 883
-
solidarity contribution
-
-
2 970
-
social contributions
2 376
-
7 963
-
income
4 387
-
24 740
-
health
4 936
-
26 984
-
total
11 699
-
62 657
-
Employer
36 559
-
199 883
-
health
3 290
-
17 989
-
social contributions
9 140
-
30 628
-
total
12 430
-
48 617
-
Corporate
199 511
248 500
-
-
income
37 907
47 215
-
-
total
37 907
47 215
-
-
Dividends
161 604
201 285
-
-
withholding
24 241
30 193
-
-
total
24 241
30 193
-
-
Income
248 500
248 500
248 500
248 500
Total tax
86 277
77 408
111 274
100 165
After tax
162 223
171 092
137 226
148 335
Living cost
24 860
24 860
24 860
24 860
Free-cash
137 363
146 232
112 366
123 475

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90366
₽70528
₽79010
₽85141
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
social contributions
-
-
-
50 077
regional
-
-
-
3 253
municipal
-
-
-
1 587
national
-
-
-
72 354
total
-
-
-
127 271
Employee
88 922
-
248 500
-
municipal
471
-
1 462
-
national
15 408
-
65 656
-
regional
839
-
2 983
-
social contributions
29 985
-
65 652
-
total
46 703
-
135 753
-
Employer
88 922
-
248 500
-
total
-
-
-
-
Corporate
159 578
248 500
-
-
municipal
6 224
9 691
-
-
nationa
38 299
59 641
-
-
total
44 523
69 332
-
-
Dividends
115 055
179 168
-
-
withholding
29 914
46 583
-
-
total
29 914
46 583
-
-
Income
248 500
248 500
248 500
248 500
Total tax
121 140
115 915
135 753
127 271
After tax
127 360
132 585
112 747
121 229
Living cost
42 219
42 219
42 219
42 219
Free-cash
85 141
90 366
70 528
79 010

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134228
₽88442
₽94561
₽131113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
81 387
other
-
-
-
-
surtax
-
-
-
14 058
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
131 860
Employee
33 087
-
220 391
-
other
-
-
-
-
unemployment
2 303
-
9 294
-
pensions
2 206
-
8 907
-
surtax
108
-
12 862
-
income
5 546
-
75 404
-
health
845
-
3 404
-
total
11 008
-
109 871
-
Employer
33 087
-
220 391
-
health
1 506
-
6 076
-
pensions
4 411
-
17 800
-
unemployment
1 048
-
4 232
-
other
-
-
-
-
total
6 965
-
28 108
-
Corporate
208 448
248 500
-
-
income
54 197
64 610
-
-
total
54 197
64 610
-
-
Dividends
154 251
183 890
-
-
withholding
23 138
27 583
-
-
total
23 138
27 583
-
-
Income
248 500
248 500
248 500
248 500
Total tax
95 308
92 193
137 979
131 860
After tax
153 192
156 307
110 521
116 640
Living cost
22 079
22 079
22 079
22 079
Free-cash
131 113
134 228
88 442
94 561

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109394
₽91846
₽113928
₽115944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
78 859
pensions
-
-
-
10 400
total
-
-
-
89 259
Employee
62 892
-
216 397
-
pensions
5 338
-
12 251
-
income
11 327
-
64 136
-
health
913
-
2 851
-
total
17 578
-
79 238
-
Employer
62 892
-
216 397
-
health
1 195
-
4 111
-
pensions
6 808
-
27 992
-
total
8 003
-
32 103
-
Corporate
177 606
248 500
-
-
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.

33 745
47 215
-
-
total
33 745
47 215
-
-
Dividends
143 860
201 285
-
-
withholding
27 917
46 578
-
-
total
27 917
46 578
-
-
Income
248 500
248 500
248 500
248 500
Total tax
87 243
93 793
111 341
89 259
After tax
161 257
154 707
137 159
159 241
Living cost
45 313
45 313
45 313
45 313
Free-cash
115 944
109 394
91 846
113 928

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34387
₽108575
₽116738
₽68292
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
4 970
regional
-
-
-
14 359
health
-
-
-
560
city
-
-
-
2 619
national
-
-
-
7 147
pensions
-
-
-
22 861
total
-
-
-
52 516
Employee
92 738
-
224 043
-
unemployment
-
-
-
-
pensions
7 791
-
17 005
-
national
439
-
5 886
-
regional
3 037
-
12 863
-
city
995
-
2 428
-
health
210
-
505
-
total
12 472
-
38 687
-
Employer
92 738
-
224 043
-
health
210
-
505
-
pensions
7 791
-
17 005
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 854
-
4 482
-
total
9 855
-
21 992
-
Corporate
144 887
248 500
-
-
regional
30 644
52 558
-
-
national
12 316
21 123
-
-
total
42 960
73 681
-
-
Dividends
101 927
174 819
-
-
withholding
35 675
61 186
-
-
total
35 675
61 186
-
-
Income
248 500
248 500
248 500
248 500
Total tax
100 962
134 867
60 679
52 516
After tax
147 538
113 633
187 821
195 984
Living cost
79 246
79 246
79 246
79 246
Free-cash
68 292
34 387
108 575
116 738

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽76821
₽106338
₽71698
₽93050
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
248 500
income

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

-
-
-
84 827
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.

-
-
-
4 665
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.

-
-
-
6 835
trade
-
-
-
34 640
total
-
-
-
130 967
Employee

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

60 131
-
248 500
-
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.

389
-
4 665
-
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.

7 071
-
84 827
-
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.

6 835
-
6 835
-
total
14 295
-
96 327
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
188 369
248 500
-
-
income
28 255
37 276
-
-
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.

1 553
2 051
-
-
chamber of commerce
418
501
-
-
trade
32 305
42 619
-
-
total
62 531
82 447
-
-
Dividends
125 839
166 054
-
-
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.

1 709
2 263
-
-
withholding
31 080
41 134
-
-
total
32 789
43 397
-
-
Income
248 500
248 500
248 500
248 500
Total tax
109 615
125 844
96 327
130 967
After tax
138 885
122 656
152 173
117 533
Living cost
45 835
45 835
45 835
45 835
Free-cash
93 050
76 821
106 338
71 698

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91013
₽90953
₽99723
₽96920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
49 577
other
-
-
-
7 703
surtax
-
-
-
-
social contributions
-
-
-
7 080
health
-
-
-
12 763
pensions
-
-
-
37 422
total
-
-
-
114 545
Employee
42 822
-
188 523
-
pensions
4 842
-
14 685
-
surtax
-
-
-
-
social contributions
1 221
-
5 371
-
income
2 527
-
43 281
-
total
8 590
-
63 337
-
Employer
42 822
-
188 523
-
health
2 998
-
19 309
-
pensions
7 035
-
24 441
-
unemployment
1 734
-
7 635
-
social contributions
129
-
566
-
other
1 477
-
8 027
-
total
13 373
-
59 978
-
Corporate
192 306
248 500
-
-
income
53 846
69 580
-
-
surtax
-
-
-
-
total
53 846
69 580
-
-
Dividends
138 460
178 920
-
-
surtax
-
-
-
-
social contributions
23 816
30 773
-
-
withholding
17 723
22 902
-
-
total
41 539
53 675
-
-
Income
248 500
248 500
248 500
248 500
Total tax
117 348
123 255
123 315
114 545
After tax
131 152
125 245
125 185
133 955
Living cost
34 232
34 232
34 232
34 232
Free-cash
96 920
91 013
90 953
99 723

Estimated living cost  is ₽34232 per week

₽21585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94405
₽94345
₽103115
₽99962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
49 577
other
-
-
-
7 703
surtax
-
-
-
-
social contributions
-
-
-
7 080
health
-
-
-
12 763
pensions
-
-
-
37 422
total
-
-
-
114 545
Employee
38 224
-
188 523
-
pensions
4 323
-
14 685
-
surtax
-
-
-
-
social contributions
1 090
-
5 371
-
income
1 971
-
43 281
-
total
7 384
-
63 337
-
Employer
38 224
-
188 523
-
health
2 675
-
19 309
-
pensions
6 281
-
24 441
-
unemployment
1 547
-
7 635
-
social contributions
114
-
566
-
other
1 320
-
8 027
-
total
11 937
-
59 978
-
Corporate
198 338
248 500
-
-
income
55 536
69 580
-
-
surtax
-
-
-
-
total
55 536
69 580
-
-
Dividends
142 803
178 920
-
-
surtax
-
-
-
-
social contributions
24 562
30 773
-
-
withholding
18 279
22 902
-
-
total
42 841
53 675
-
-
Income
248 500
248 500
248 500
248 500
Total tax
117 698
123 255
123 315
114 545
After tax
130 802
125 245
125 185
133 955
Living cost
30 840
30 840
30 840
30 840
Free-cash
99 962
94 405
94 345
103 115

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130393
₽131123
₽138370
₽130909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
37 276
social contributions
-
-
-
34 293
health
-
-
-
17 345
total
-
-
-
88 914
Employee
33 924
-
248 500
-
social contributions
4 682
-
34 293
-
income
5 658
-
44 523
-
health
2 368
-
17 345
-
total
12 708
-
96 161
-
Employer
33 924
-
248 500
-
total
-
-
-
-
Corporate
214 576
248 500
-
-
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%.

10 730
12 425
-
-
total
10 730
12 425
-
-
Dividends
203 846
236 075
-
-
social contributions
28 131
32 578
-
-
withholding
30 577
35 411
-
-
health
14 229
16 477
-
-
total
72 937
84 466
-
-
Income
248 500
248 500
248 500
248 500
Total tax
96 375
96 891
96 161
88 914
After tax
152 125
151 609
152 339
159 586
Living cost
21 216
21 216
21 216
21 216
Free-cash
130 909
130 393
131 123
138 370

Estimated living cost  is ₽21216 per week

₽14199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101552
₽29327
₽91666
₽100004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
83 684
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
995
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
121 579
Employee
50 003
39 873
208 010
-
other
499
399
1 170
-
unemployment
1 500
1 196
3 507
-
pensions
5 121
4 082
11 970
-
income
5 692
2 941
71 206
-
health
1 935
1 544
4 523
-
total
14 747
10 162
92 376
-
Employer
50 003
39 873
208 010
-
chamber of commerce
199
159
832
-
health
1 889
1 508
4 418
-
pensions
6 275
5 005
14 669
-
accident
649
518
1 519
-
unemployment
1 500
1 196
3 507
-
surtax
197
197
197
-
payroll
1 500
1 196
6 241
-
other
2 375
1 893
9 106
-
total
14 584
11 672
40 489
-
Corporate
183 911
196 954
204 212
-
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.

45 977
49 238
51 053
-
total
45 977
49 238
51 053
-
Dividends
137 934
147 716
-
-
withholding
37 933
40 621
-
-
total
37 933
40 621
-
-
Income
248 500
248 500
248 500
248 500
Total tax
113 241
111 693
183 918
121 579
After tax
135 259
136 807
64 582
126 921
Living cost
35 255
35 255
35 255
35 255
Free-cash
100 004
101 552
29 327
91 666

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98581
₽46974
₽71721
₽87342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
communal

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

-
-
-
13 413
social contributions
-
-
-
24 945
national
-
-
-
101 940
total
-
-
-
140 298
Employee

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

71 569
-
192 471
-
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.

623
-
1 675
-
communal

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

3 733
-
10 039
-
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.

5 368
-
14 436
-
national
22 003
-
73 818
-
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.

3 363
-
9 047
-
total
35 090
-
109 015
-
Employer

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

71 569
-
192 471
-
health

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

4 401
-
11 837
-
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.

6 342
-
17 052
-
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.

930
-
2 503
-
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.

1 044
-
2 810
-
surtax
8 115
-
21 828
-
total
20 832
-
56 030
-
Corporate
156 098
248 500
-
-
income
31 219
54 977
-
-
surtax
625
1 099
-
-
total
31 844
56 076
-
-
Dividends
124 254
192 423
-
-
withholding

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

36 911
57 362
-
-
total
36 911
57 362
-
-
Income
248 500
248 500
248 500
248 500
Total tax
124 677
113 438
165 045
140 298
After tax
123 823
135 062
83 455
108 202
Living cost
36 481
36 481
36 481
36 481
Free-cash
87 342
98 581
46 974
71 721

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128634
₽98317
₽102516
₽121782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
accident
-
-
-
835
income
-
-
-
82 029
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
109 850
Employee
49 805
-
218 935
-
other
49
-
93
-
unemployment
773
-
1 437
-
pensions
2 341
-
4 359
-
income
10 508
-
78 595
-
total
13 671
-
84 484
-
Employer
49 805
-
218 935
-
pensions
11 753
-
21 887
-
accident
985
-
1 836
-
unemployment
2 740
-
5 100
-
other
397
-
742
-
total
15 875
-
29 565
-
Corporate
182 820
248 500
-
-
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.

27 423
37 276
-
-
total
27 423
37 276
-
-
Dividends
155 397
211 224
-
-
withholding
33 615
46 456
-
-
total
33 615
46 456
-
-
Income
248 500
248 500
248 500
248 500
Total tax
90 584
83 732
114 049
109 850
After tax
157 916
164 768
134 451
138 650
Living cost
36 134
36 134
36 134
36 134
Free-cash
121 782
128 634
98 317
102 516

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84301
₽70258
₽61772
₽70538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
communal
-
-
-
15 704
accident
-
-
-
2 001
income
-
-
-
49 896
surtax
-
-
-
12 497
health
-
-
-
16 678
pensions
-
-
-
35 578
total
-
-
-
132 354
Employee
75 770
-
221 975
-
pensions
6 061
-
17 759
-
surtax
4 644
-
13 604
-
income
7 319
-
56 103
-
health
3 372
-
9 877
-
total
21 396
-
97 343
-
Employer
75 770
-
221 975
-
health
2 311
-
6 769
-
pensions
6 061
-
17 759
-
accident
682
-
1 997
-
total
9 054
-
26 525
-
Corporate
163 677
248 500
-
-
communal
11 049
16 773
-
-
income
24 552
37 276
-
-
surtax
1 718
2 609
-
-
total
37 319
56 658
-
-
Dividends
126 357
191 842
-
-
income
36 866
24 390
-
-
withholding
18 953
28 777
-
-
total
55 819
53 167
-
-
Income
248 500
248 500
248 500
248 500
Total tax
123 588
109 825
123 868
132 354
After tax
124 912
138 675
124 632
116 146
Living cost
54 374
54 374
54 374
54 374
Free-cash
70 538
84 301
70 258
61 772

Estimated living cost  is ₽54374 per week

₽40788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133834
₽88048
₽94167
₽130651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
81 387
other
-
-
-
-
surtax
-
-
-
14 058
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
131 860
Employee
33 695
-
220 391
-
other
-
-
-
-
unemployment
2 345
-
9 294
-
pensions
2 248
-
8 907
-
surtax
120
-
12 862
-
income
5 649
-
75 404
-
health
860
-
3 404
-
total
11 222
-
109 871
-
Employer
33 695
-
220 391
-
health
1 532
-
6 076
-
pensions
4 492
-
17 800
-
unemployment
1 069
-
4 232
-
other
-
-
-
-
total
7 093
-
28 108
-
Corporate
207 712
248 500
-
-
income
54 005
64 610
-
-
total
54 005
64 610
-
-
Dividends
153 706
183 890
-
-
withholding
23 056
27 583
-
-
total
23 056
27 583
-
-
Income
248 500
248 500
248 500
248 500
Total tax
95 376
92 193
137 979
131 860
After tax
153 124
156 307
110 521
116 640
Living cost
22 473
22 473
22 473
22 473
Free-cash
130 651
133 834
88 048
94 167

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103664
₽85067
₽93502
₽101444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
social contributions
-
-
-
50 077
regional
-
-
-
4 028
municipal
-
-
-
1 587
national
-
-
-
72 354
total
-
-
-
128 046
Employee
55 502
-
248 500
-
municipal
294
-
1 462
-
national
8 793
-
65 656
-
regional
747
-
3 711
-
social contributions
18 716
-
65 652
-
total
28 550
-
136 481
-
Employer
55 502
-
248 500
-
total
-
-
-
-
Corporate
192 998
248 500
-
-
municipal
9 592
12 351
-
-
nationa
46 319
59 641
-
-
total
55 911
71 992
-
-
Dividends
137 087
176 508
-
-
withholding
35 643
45 892
-
-
total
35 643
45 892
-
-
Income
248 500
248 500
248 500
248 500
Total tax
120 104
117 884
136 481
128 046
After tax
128 396
130 616
112 019
120 454
Living cost
26 952
26 952
26 952
26 952
Free-cash
101 444
103 664
85 067
93 502

Estimated living cost  is ₽26952 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
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.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140458
₽106592
₽117701
₽129529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
26 877
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
3 967
health
-
-
-
33 548
total
-
-
-
100 165
Employee
45 050
-
199 883
-
solidarity contribution
-
-
2 970
-
social contributions
2 928
-
7 963
-
income
5 406
-
24 740
-
health
6 082
-
26 984
-
total
14 416
-
62 657
-
Employer
45 050
-
199 883
-
health
4 055
-
17 989
-
social contributions
11 263
-
30 628
-
total
15 318
-
48 617
-
Corporate
188 132
248 500
-
-
income
35 745
47 215
-
-
total
35 745
47 215
-
-
Dividends
152 387
201 285
-
-
withholding
22 858
30 193
-
-
total
22 858
30 193
-
-
Income
248 500
248 500
248 500
248 500
Total tax
88 337
77 408
111 274
100 165
After tax
160 163
171 092
137 226
148 335
Living cost
30 634
30 634
30 634
30 634
Free-cash
129 529
140 458
106 592
117 701

Estimated living cost  is ₽30634 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104992
₽32708
₽95197
₽104495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
83 684
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
995
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
121 382
Employee
43 737
39 873
208 194
-
other
437
399
1 170
-
unemployment
1 312
1 196
3 507
-
pensions
4 479
4 082
11 970
-
income
3 896
2 941
71 297
-
health
1 692
1 544
4 523
-
total
11 816
10 162
92 467
-
Employer
43 737
39 873
208 194
-
chamber of commerce
175
159
834
-
health
1 654
1 508
4 418
-
pensions
5 489
5 005
14 669
-
accident
568
518
1 519
-
unemployment
1 312
1 196
3 507
-
surtax
-
-
-
-
payroll
1 312
1 196
6 245
-
other
2 077
1 893
9 112
-
total
12 587
11 475
40 304
-
Corporate
192 177
197 151
204 398
-
income

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

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

48 043
49 287
51 100
-
total
48 043
49 287
51 100
-
Dividends
144 134
147 864
-
-
withholding
39 638
40 663
-
-
total
39 638
40 663
-
-
Income
248 500
248 500
248 500
248 500
Total tax
112 084
111 587
183 871
121 382
After tax
136 416
136 913
64 629
127 118
Living cost
31 921
31 921
31 921
31 921
Free-cash
104 495
104 992
32 708
95 197

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽223507
₽186232
₽233447
₽221150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
248 500
microenterprise

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

-
-
-
2 485
total
-
-
-
2 485
Employee
15 710
-
248 500
-
income
3 142
-
49 700
-
total
3 142
-
49 700
-
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%.

232 790
248 500
-
-
total
-
-
-
-
Dividends
232 790
248 500
-
-
withholding
11 640
12 425
-
-
total
11 640
12 425
-
-
Income
248 500
248 500
248 500
248 500
Total tax
14 782
12 425
49 700
2 485
After tax
233 718
236 075
198 800
246 015
Living cost
12 568
12 568
12 568
12 568
Free-cash
221 150
223 507
186 232
233 447

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144255
₽80668
₽86063
₽135884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
248 500
income
-
-
-
65 393
unemployment
-
-
-
372
health
-
-
-
24 452
pensions
-
-
-
45 383
total
-
-
-
135 600
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.

44 244
-
215 022
-
unemployment
63
-
302
-
pensions
6 858
-
33 328
-
income
7 630
-
59 998
-
health
2 858
-
13 889
-
total
17 409
-
107 517
-
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.

44 244
-
215 022
-
health
2 947
-
14 320
-
pensions
3 915
-
19 029
-
unemployment
27
-
129
-
total
6 889
-
33 478
-
Corporate
197 367
248 500
-
-
income
37 500
47 215
-
-
total
37 500
47 215
-
-
Dividends
159 868
201 285
-
-
withholding
23 981
30 193
-
-
total
23 981
30 193
-
-
Income
248 500
248 500
248 500
248 500
Total tax
85 779
77 408
140 995
135 600
After tax
162 721
171 092
107 505
112 900
Living cost
26 837
26 837
26 837
26 837
Free-cash
135 884
144 255
80 668
86 063

Estimated living cost  is ₽26837 per week

₽18418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107376
₽191332
₽127922
₽59080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
48 438
social contributions
-
-
-
28 329
total
-
-
-
76 767
Employee
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
Corporate
97 108
248 500
-
-
income
21 364
54 670
-
-
total
21 364
54 670
-
-
Dividends
75 744
193 830
-
-
income
16 664
42 643
-
-
total
16 664
42 643
-
-
Income
248 500
248 500
248 500
248 500
Total tax
145 609
97 313
13 357
76 767
After tax
102 891
151 187
235 143
171 733
Living cost
43 811
43 811
43 811
43 811
Free-cash
59 080
107 376
191 332
127 922

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109964
₽76783
₽97063
₽108955
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
248 500
income
-
-
-
33 699
surtax
-
-
-
-
social contributions

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

-
-
-
86 354
total
-
-
-
120 053
Employee
46 017
-
200 808
-
surtax
-
-
670
-
social contributions
5 062
-
22 090
-
income
9 572
-
69 881
-
total
14 634
-
92 641
-
Employer
46 017
-
200 808
-
social contributions
10 929
-
47 692
-
total
10 929
-
47 692
-
Corporate
191 554
248 500
-
-
income
40 226
52 184
-
-
surtax
-
-
-
-
total
40 226
52 184
-
-
Dividends
151 328
196 316
-
-
withholding
42 372
54 968
-
-
total
42 372
54 968
-
-
Income
248 500
248 500
248 500
248 500
Total tax
108 161
107 152
140 333
120 053
After tax
140 339
141 348
108 167
128 447
Living cost
31 384
31 384
31 384
31 384
Free-cash
108 955
109 964
76 783
97 063

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76920
₽76860
₽85630
₽83795
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
49 577
other
-
-
-
7 703
surtax
-
-
-
-
social contributions
-
-
-
7 080
health
-
-
-
12 763
pensions
-
-
-
37 422
total
-
-
-
114 545
Employee
62 666
-
188 523
-
pensions
7 088
-
14 685
-
surtax
-
-
-
-
social contributions
1 785
-
5 371
-
income
5 468
-
43 281
-
total
14 341
-
63 337
-
Employer
62 666
-
188 523
-
health
4 386
-
19 309
-
pensions
10 297
-
24 441
-
unemployment
2 539
-
7 635
-
social contributions
188
-
566
-
other
2 163
-
8 027
-
total
19 573
-
59 978
-
Corporate
166 262
248 500
-
-
income
46 553
69 580
-
-
surtax
-
-
-
-
total
46 553
69 580
-
-
Dividends
119 709
178 920
-
-
surtax
-
-
-
-
social contributions
20 590
30 773
-
-
withholding
15 323
22 902
-
-
total
35 913
53 675
-
-
Income
248 500
248 500
248 500
248 500
Total tax
116 380
123 255
123 315
114 545
After tax
132 120
125 245
125 185
133 955
Living cost
48 325
48 325
48 325
48 325
Free-cash
83 795
76 920
76 860
85 630

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽193574
₽157050
₽150448
₽190213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
13 306
social contributions
-
-
-
54 670
total
-
-
-
67 976
Employee
32 166
-
215 151
-
income
-
-
14 041
-
social contributions
2 090
-
13 984
-
total
2 090
-
28 025
-
Employer
32 166
-
215 151
-
social contributions
4 986
-
33 349
-
total
4 986
-
33 349
-
Corporate
211 348
248 500
-
-
income
21 135
24 850
-
-
total
21 135
24 850
-
-
Dividends
190 213
223 650
-
-
total
-
-
-
-
Income
248 500
248 500
248 500
248 500
Total tax
28 211
24 850
61 374
67 976
After tax
220 289
223 650
187 126
180 524
Living cost
30 076
30 076
30 076
30 076
Free-cash
190 213
193 574
157 050
150 448

Estimated living cost  is ₽30076 per week

₽19447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30617
₽30617
₽94218
₽15911
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
labour market
-
-
-
19 811
municipal
-
-
-
53 912
national
-
-
-
31 531
pensions
-
-
-
867
total
-
-
-
106 121
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
30 617
-
-
-
income
6 736
-
-
-
total
6 736
-
-
-
Dividends
23 881
-
-
-
withholding
7 970
-
-
-
total
7 970
-
-
-
Income
248 500
248 500
248 500
248 500
Total tax
184 428
169 722
169 722
106 121
After tax
64 072
78 778
78 778
142 379
Living cost
48 161
48 161
48 161
48 161
Free-cash
15 911
30 617
30 617
94 218

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1844
₽115464
₽147650
₽16759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
accident
-
-
-
256
income
-
-
-
71 816
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
78 877
Employee
34 565
-
227 940
-
pensions
3 892
-
7 734
-
income
4 742
-
56 670
-
health
3 958
-
26 099
-
total
12 592
-
90 503
-
Employer
34 565
-
227 940
-
pensions
5 620
-
11 169
-
accident
577
-
3 807
-
unemployment
847
-
5 584
-
total
7 044
-
20 560
-
Corporate
206 890
248 500
-
-
income

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

186 201
223 650
-
-
total
186 201
223 650
-
-
Dividends
20 689
24 850
-
-
withholding
3 931
4 721
-
-
total
3 931
4 721
-
-
Income
248 500
248 500
248 500
248 500
Total tax
209 768
228 371
111 063
78 877
After tax
38 732
20 129
137 437
169 623
Living cost
21 973
21 973
21 973
21 973
Free-cash
16 759
-1 844
115 464
147 650

Estimated living cost  is ₽21973 per week

₽15994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112351
₽82904
₽111365
₽115904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
248 500
health
-
-
-
3 410
municipal
-
-
-
44 117
national
-
-
-
51 194
total
-
-
-
98 721
Employee
52 641
-
209 050
-
municipal
8 622
-
34 019
-
unemployment
790
-
3 137
-
pensions
3 553
-
14 111
-
national
870
-
33 665
-
health
393
-
2 803
-
total
14 228
-
87 735
-
Employer
52 641
-
209 050
-
health
404
-
1 610
-
pensions
9 133
-
36 269
-
accident
53
-
209
-
unemployment
342
-
1 359
-
total
9 932
-
39 447
-
Corporate
185 927
248 500
-
-
income
37 184
49 701
-
-
total
37 184
49 701
-
-
Dividends

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

111 557
149 099
-
-
municipal
20 081
26 838
-
-
national
12 757
21 196
-
-
total
32 838
48 034
-
-
Income
248 500
248 500
248 500
248 500
Total tax
94 182
97 735
127 182
98 721
After tax
154 318
150 765
121 318
149 779
Living cost
38 414
38 414
38 414
38 414
Free-cash
115 904
112 351
82 904
111 365

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157882
₽141075
₽143068
₽152438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
59 743
social contributions
-
-
-
16 188
health
-
-
-
6 336
total
-
-
-
82 267
Employee
76 937
76 937
235 530
-
social contributions
2 909
6 385
8 613
-
income
8 377
7 122
58 672
-
health
596
1 308
4 004
-
total
11 882
14 815
71 289
-
Employer
76 937
76 937
235 530
-
health
647
1 424
4 358
-
social contributions
2 909
6 385
8 613
-
total
3 556
7 809
12 971
-
Corporate
209 896
163 754
-
-
income
26 236
20 470
-
-
total
26 236
20 470
-
-
Dividends
183 660
143 284
-
-
withholding
31 223
24 359
-
-
total
31 223
24 359
-
-
Income
248 500
248 500
248 500
248 500
Total tax
72 897
67 453
84 260
82 267
After tax
175 603
181 047
164 240
166 233
Living cost
23 165
23 165
23 165
23 165
Free-cash
152 438
157 882
141 075
143 068

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
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.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽189897
₽176651
₽196720
₽184808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
248 500
income
-
-
-
25 880
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
35 894
Employee

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

22 966
-
238 722
-
unemployment
114
-
475
-
pensions
3 444
-
14 240
-
income
1 570
-
23 400
-
health
1 952
-
8 070
-
total
7 080
-
46 185
-
Employer

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

22 966
-
238 722
-
health
987
-
4 082
-
pensions
1 263
-
5 221
-
unemployment
114
-
475
-
total
2 364
-
9 778
-
Corporate
223 170
248 500
-
-
income
20 085
22 365
-
-
total
20 085
22 365
-
-
Dividends
203 086
226 135
-
-
withholding
18 277
20 352
-
-
total
18 277
20 352
-
-
Income
248 500
248 500
248 500
248 500
Total tax
47 806
42 717
55 963
35 894
After tax
200 694
205 783
192 537
212 606
Living cost
15 886
15 886
15 886
15 886
Free-cash
184 808
189 897
176 651
196 720

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137254
₽106937
₽111136
₽132838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
accident
-
-
-
835
income
-
-
-
82 029
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
109 850
Employee
36 996
-
218 935
-
other
36
-
93
-
unemployment
573
-
1 437
-
pensions
1 739
-
4 359
-
income
7 133
-
78 595
-
total
9 481
-
84 484
-
Employer
36 996
-
218 935
-
pensions
8 730
-
21 887
-
accident
733
-
1 836
-
unemployment
2 035
-
5 100
-
other
296
-
742
-
total
11 794
-
29 565
-
Corporate
199 709
248 500
-
-
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.

29 956
37 276
-
-
total
29 956
37 276
-
-
Dividends
169 753
211 224
-
-
withholding
36 917
46 456
-
-
total
36 917
46 456
-
-
Income
248 500
248 500
248 500
248 500
Total tax
88 148
83 732
114 049
109 850
After tax
160 352
164 768
134 451
138 650
Living cost
27 514
27 514
27 514
27 514
Free-cash
132 838
137 254
106 937
111 136

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153124
₽158308
₽158446
₽152805
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
85 673
health
-
-
-
1 026
pensions
-
-
-
1 415
total
-
-
-
88 114
Employee
2 954
-
246 908
-
unemployment
30
-
71
-
pensions
266
-
637
-
income
571
-
85 599
-
health
148
-
354
-
total
1 015
-
86 661
-
Employer
2 954
-
246 908
-
health
281
-
672
-
pensions
325
-
778
-
unemployment
59
-
141
-
total
665
-
1 591
-
Corporate
244 881
248 500
-
-
income
53 874
54 670
-
-
total
53 874
54 670
-
-
Dividends
191 007
193 830
-
-
withholding
38 201
38 766
-
-
total
38 201
38 766
-
-
Income
248 500
248 500
248 500
248 500
Total tax
93 755
93 436
88 252
88 114
After tax
154 745
155 064
160 248
160 386
Living cost
1 940
1 940
1 940
1 940
Free-cash
152 805
153 124
158 308
158 446

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162239
₽145303
₽145304
₽157315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
248 500
income
-
-
-
57 946
unemployment
-
-
-
1 109
health
-
-
-
7 615
pensions
-
-
-
19 224
total
-
-
-
85 894
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.

26 090
-
235 265
-
unemployment
196
-
555
-
pensions
3 653
-
10 351
-
income
3 596
-
57 946
-
health
1 344
-
3 808
-
total
8 789
-
72 660
-
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.

26 090
-
235 265
-
health
1 344
-
3 808
-
pensions
3 131
-
8 872
-
unemployment
196
-
555
-
total
4 671
-
13 235
-
Corporate
217 740
248 500
-
-
income
32 661
37 275
-
-
total
32 661
37 275
-
-
Dividends
185 079
211 225
-
-
withholding
27 762
31 684
-
-
total
27 762
31 684
-
-
Income
248 500
248 500
248 500
248 500
Total tax
73 883
68 959
85 895
85 894
After tax
174 617
179 541
162 605
162 606
Living cost
17 302
17 302
17 302
17 302
Free-cash
157 315
162 239
145 303
145 304

Estimated living cost  is ₽17302 per week

₽11649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114374
₽81193
₽101473
₽114012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
248 500
income
-
-
-
33 699
surtax
-
-
-
-
social contributions

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

-
-
-
86 354
total
-
-
-
120 053
Employee
38 833
-
200 808
-
surtax
-
-
670
-
social contributions
4 272
-
22 090
-
income
7 588
-
69 881
-
total
11 860
-
92 641
-
Employer
38 833
-
200 808
-
social contributions
9 222
-
47 692
-
total
9 222
-
47 692
-
Corporate
200 445
248 500
-
-
income
42 093
52 184
-
-
surtax
-
-
-
-
total
42 093
52 184
-
-
Dividends
158 352
196 316
-
-
withholding
44 339
54 968
-
-
total
44 339
54 968
-
-
Income
248 500
248 500
248 500
248 500
Total tax
107 514
107 152
140 333
120 053
After tax
140 986
141 348
108 167
128 447
Living cost
26 974
26 974
26 974
26 974
Free-cash
114 012
114 374
81 193
101 473

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129604
₽99287
₽103486
₽123059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
accident
-
-
-
835
income
-
-
-
82 029
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
109 850
Employee
48 322
-
218 935
-
other
47
-
93
-
unemployment
748
-
1 437
-
pensions
2 271
-
4 359
-
income
10 093
-
78 595
-
total
13 159
-
84 484
-
Employer
48 322
-
218 935
-
pensions
11 404
-
21 887
-
accident
957
-
1 836
-
unemployment
2 658
-
5 100
-
other
387
-
742
-
total
15 406
-
29 565
-
Corporate
184 772
248 500
-
-
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.

27 716
37 276
-
-
total
27 716
37 276
-
-
Dividends
157 057
211 224
-
-
withholding
33 997
46 456
-
-
total
33 997
46 456
-
-
Income
248 500
248 500
248 500
248 500
Total tax
90 278
83 732
114 049
109 850
After tax
158 222
164 768
134 451
138 650
Living cost
35 164
35 164
35 164
35 164
Free-cash
123 059
129 604
99 287
103 486

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽195263
₽195216
₽184691
₽189167
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
37 275
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
46 604
Employee
22 782
-
241 646
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
pensions

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

2 000
-
3 068
-
income
2 279
-
24 165
-
health
1 048
-
1 607
-
total
5 577
-
29 224
-
Employer
22 782
-
241 646
-
health
1 572
-
2 411
-
pensions

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

2 511
-
3 850
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
210
-
total
4 470
-
6 855
-
Corporate
221 248
248 500
-
-
income
22 125
24 850
-
-
total
22 125
24 850
-
-
Dividends
199 123
223 650
-
-
withholding
9 956
11 182
-
-
total
9 956
11 182
-
-
Income
248 500
248 500
248 500
248 500
Total tax
42 128
36 032
36 079
46 604
After tax
206 372
212 468
212 421
201 896
Living cost
17 205
17 205
17 205
17 205
Free-cash
189 167
195 263
195 216
184 691

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89142
₽113545
₽84561
₽102233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
248 500
income

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

-
-
-
84 827
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.

-
-
-
4 665
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.

-
-
-
6 835
trade
-
-
-
28 984
total
-
-
-
125 311
Employee

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

49 783
-
248 500
-
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.

226
-
4 665
-
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.

4 094
-
84 827
-
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.

6 835
-
6 835
-
total
11 155
-
96 327
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
198 717
248 500
-
-
income
29 808
37 276
-
-
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.

1 639
2 051
-
-
chamber of commerce
442
516
-
-
trade
28 515
35 660
-
-
total
60 404
75 503
-
-
Dividends
138 313
172 997
-
-
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.

1 882
2 358
-
-
withholding
34 198
42 869
-
-
total
36 080
45 227
-
-
Income
248 500
248 500
248 500
248 500
Total tax
107 639
120 730
96 327
125 311
After tax
140 861
127 770
152 173
123 189
Living cost
38 628
38 628
38 628
38 628
Free-cash
102 233
89 142
113 545
84 561

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽116954
₽65511
₽65511
₽119165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
82 862
social contributions
-
-
-
43 132
total
-
-
-
125 994
Employee
78 265
-
248 500
-
income
14 768
-
82 862
-
social contributions
6 502
-
43 132
-
total
21 270
-
125 994
-
Employer
78 265
-
248 500
-
total
-
-
-
-
Corporate
170 235
248 500
-
-
income
21 279
31 063
-
-
total
21 279
31 063
-
-
Dividends
148 956
217 437
-
-
withholding
29 791
43 488
-
-
total
29 791
43 488
-
-
Income
248 500
248 500
248 500
248 500
Total tax
72 340
74 551
125 994
125 994
After tax
176 160
173 949
122 506
122 506
Living cost
56 995
56 995
56 995
56 995
Free-cash
119 165
116 954
65 511
65 511

Estimated living cost  is ₽56995 per week

₽43361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119919
₽135961
₽168885
₽123415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
248 500
income
-
-
-
37 276
health

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

-
-
-
6 019
total
-
-
-
43 295
Employee
45 899
-
243 898
-
income
4 980
-
67 015
-
social contributions
4 599
-
4 602
-
total
9 579
-
71 617
-
Employer
45 899
-
243 898
-
social contributions
4 599
-
4 602
-
total
4 599
-
4 602
-
Corporate
198 002
248 500
-
-
income
69 301
86 975
-
-
total
69 301
86 975
-
-
Dividends
128 701
161 525
-
-
social contributions
5 286
5 286
-
-
total
5 286
5 286
-
-
Income
248 500
248 500
248 500
248 500
Total tax
88 765
92 261
76 219
43 295
After tax
159 735
156 239
172 281
205 205
Living cost
36 320
36 320
36 320
36 320
Free-cash
123 415
119 919
135 961
168 885

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117869
₽100321
₽122403
₽123742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
78 859
pensions
-
-
-
10 400
total
-
-
-
89 259
Employee
50 566
-
216 397
-
pensions
3 859
-
12 251
-
income
9 208
-
64 136
-
health
660
-
2 851
-
total
13 727
-
79 238
-
Employer
50 566
-
216 397
-
health
961
-
4 111
-
pensions
5 109
-
27 992
-
total
6 070
-
32 103
-
Corporate
191 864
248 500
-
-
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.

36 454
47 215
-
-
total
36 454
47 215
-
-
Dividends
155 411
201 285
-
-
withholding
31 669
46 578
-
-
total
31 669
46 578
-
-
Income
248 500
248 500
248 500
248 500
Total tax
87 920
93 793
111 341
89 259
After tax
160 580
154 707
137 159
159 241
Living cost
36 838
36 838
36 838
36 838
Free-cash
123 742
117 869
100 321
122 403

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
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.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4020
₽113288
₽145474
₽16426
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
accident
-
-
-
256
income
-
-
-
71 816
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
78 877
Employee
37 987
-
227 940
-
pensions
4 277
-
7 734
-
income
5 211
-
56 670
-
health
4 349
-
26 099
-
total
13 837
-
90 503
-
Employer
37 987
-
227 940
-
pensions
6 176
-
11 169
-
accident
634
-
3 807
-
unemployment
931
-
5 584
-
total
7 741
-
20 560
-
Corporate
202 772
248 500
-
-
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.

182 494
223 650
-
-
total
182 494
223 650
-
-
Dividends
20 277
24 850
-
-
withholding
3 853
4 721
-
-
total
3 853
4 721
-
-
Income
248 500
248 500
248 500
248 500
Total tax
207 925
228 371
111 063
78 877
After tax
40 575
20 129
137 437
169 623
Living cost
24 149
24 149
24 149
24 149
Free-cash
16 426
-4 020
113 288
145 474

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
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.
₽4532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176588
₽170921
₽148920
₽173562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
248 500
income
-
-
-
42 065
unemployment
-
-
-
1 920
work injury
-
-
-
800
health insurance
-
-
-
11 840
pensions
-
-
-
29 441
total
-
-
-
86 066
Employee

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

21 623
-
248 500
-
health insurance
1 600
-
5 920
-
unemployment
259
-
960
-
work injury
108
-
400
-
pensions
3 979
-
14 720
-
income
2 162
-
42 065
-
total
8 108
-
64 065
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
226 877
248 500
-
-
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%.

22 688
24 850
-
-
total
22 688
24 850
-
-
Dividends
204 189
223 650
-
-
withholding
30 628
33 548
-
-
total
30 628
33 548
-
-
Income
248 500
248 500
248 500
248 500
Total tax
61 424
58 398
64 065
86 066
After tax
187 076
190 102
184 435
162 434
Living cost
13 514
13 514
13 514
13 514
Free-cash
173 562
176 588
170 921
148 920

Estimated living cost  is ₽13514 per week

₽8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91034
₽69933
₽78151
₽86482
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
social contributions
-
-
-
50 077
regional
-
-
-
6 272
municipal
-
-
-
1 787
national
-
-
-
72 354
total
-
-
-
130 490
Employee
84 312
-
248 500
-
municipal
503
-
1 646
-
national
14 248
-
65 656
-
regional
1 273
-
5 754
-
social contributions
28 430
-
65 652
-
total
44 454
-
138 708
-
Employer
84 312
-
248 500
-
total
-
-
-
-
Corporate
164 188
248 500
-
-
municipal
7 914
11 977
-
-
nationa
39 406
59 641
-
-
total
47 320
71 618
-
-
Dividends
116 868
176 882
-
-
withholding
30 385
45 989
-
-
total
30 385
45 989
-
-
Income
248 500
248 500
248 500
248 500
Total tax
122 159
117 607
138 708
130 490
After tax
126 341
130 893
109 792
118 010
Living cost
39 859
39 859
39 859
39 859
Free-cash
86 482
91 034
69 933
78 151

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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