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
₽90629
₽96782
₽107160
₽122898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
32 269
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.

-
-
-
6 409
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.

-
-
-
4 732
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.

-
-
-
86 047
total
-
-
-
129 457
Employee

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

35 880
-
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.

55
-
4 732
-
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.

1 002
-
86 047
-
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.

6 409
-
6 409
-
total
7 466
-
97 188
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
212 620
248 500
-
-
trade
33 487
39 139
-
-
income
31 894
37 275
-
-
chamber of commerce
449
500
-
-
surtax

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

1 753
2 051
-
-
total
67 583
78 965
-
-
Dividends
145 038
169 535
-
-
withholding
35 903
42 028
-
-
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.

1 974
2 311
-
-
total
37 877
44 339
-
-
Income
248 500
248 500
248 500
248 500
Total tax
112 926
123 304
97 188
129 457
After tax
135 574
125 196
151 312
119 043
Living cost
28 414
28 414
28 414
28 414
Free-cash
107 160
96 782
122 898
90 629

Estimated living cost  is ₽28414 per week

₽17873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3313
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.
₽6697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89847
₽105380
₽104553
₽91181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
27 760
pensions
-
-
-
29 820
social contributions
-
-
-
2 671
national
-
-
-
48 718
total
-
-
-
108 969
Employee
77 020
-
214 826
-
municipal
9 513
-
28 722
-
national
14 741
-
50 825
-
pensions
3 081
-
8 593
-
total
27 335
-
88 140
-
Employer
77 020
-
214 826
-
pensions
6 162
-
17 186
-
social contributions
828
-
2 309
-
total
6 990
-
19 495
-
Corporate
159 408
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%.

31 882
49 700
-
-
total
31 882
49 700
-
-
Dividends
127 526
198 800
-
-
withholding
28 056
43 736
-
-
total
28 056
43 736
-
-
Income
248 500
248 500
248 500
248 500
Total tax
94 263
93 436
107 635
108 969
After tax
154 237
155 064
140 865
139 531
Living cost
49 684
49 684
49 684
49 684
Free-cash
104 553
105 380
91 181
89 847

Estimated living cost  is ₽49684 per week

₽33770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73391
₽179283
₽171589
₽90496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
63 367
social contributions

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

-
-
-
35 942
income
-
-
-
56 284
microenterprise
-
-
-
-
total
-
-
-
155 593
Employee
27 411
-
199 611
-
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.

3 016
-
12 297
-
surtax
-
-
28 944
-
income
4 879
-
48 358
-
total
7 895
-
89 599
-
Employer
27 411
-
199 611
-
surtax
-
-
21 957
-
social contributions

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

6 603
-
26 932
-
total
6 603
-
48 889
-
Corporate
214 486
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%.

42 897
49 701
-
-
total
42 897
49 701
-
-
Dividends

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

171 589
198 799
-
-
total
-
-
-
-
Income
248 500
248 500
248 500
248 500
Total tax
57 395
49 701
138 488
155 593
After tax
191 105
198 799
110 012
92 907
Living cost
19 516
19 516
19 516
19 516
Free-cash
171 589
179 283
90 496
73 391

Estimated living cost  is ₽19516 per week

₽12451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92101
₽84972
₽79228
₽119563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 991
health
-
-
-
11 568
income
-
-
-
94 543
total
-
-
-
117 102
Employee
80 108
80 108
231 067
-
pensions
14 419
10 991
10 991
-
income

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

13 112
13 112
49 648
-
health
12 296
10 459
11 568
-
total
39 827
34 562
72 207
-
Employer
80 108
80 108
231 067
-
pensions
5 576
5 576
6 930
-
unemployment
2 884
2 884
3 583
-
health
5 568
5 568
6 920
-
total
14 028
14 028
17 433
-
Corporate
155 347
154 364
-
-
income
31 069
30 874
-
-
total
31 069
30 874
-
-
Dividends
124 278
123 491
-
-
withholding
18 642
18 525
-
-
income
26 409
26 242
-
-
total
45 051
44 767
-
-
Income
248 500
248 500
248 500
248 500
Total tax
129 975
124 231
89 640
117 102
After tax
118 525
124 269
158 860
131 398
Living cost
39 297
39 297
39 297
39 297
Free-cash
79 228
84 972
119 563
92 101

Estimated living cost  is ₽39297 per week

₽27849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84170
₽97061
₽96194
₽83233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
66 791
pensions
-
-
-
9 150
health
-
-
-
5 282
other
-
-
-
9 835
unemployment
-
-
-
85
accident
-
-
-
169
national
-
-
-
34 398
total
-
-
-
125 710
Employee
55 030
-
221 905
-
municipal
16 410
-
66 172
-
national
-
-
33 880
-
total
16 410
-
100 052
-
Employer
55 030
-
221 905
-
pensions
5 949
-
9 150
-
other
6 395
-
9 835
-
unemployment
1 453
-
2 235
-
accident
110
-
169
-
health
3 384
-
5 206
-
total
17 291
-
26 595
-
Corporate
176 179
248 500
-
-
income
38 759
54 670
-
-
total
38 759
54 670
-
-
Dividends
137 420
193 830
-
-
withholding
41 226
58 149
-
-
total
41 226
58 149
-
-
Income
248 500
248 500
248 500
248 500
Total tax
113 686
112 819
126 647
125 710
After tax
134 814
135 681
121 853
122 790
Living cost
38 620
38 620
38 620
38 620
Free-cash
96 194
97 061
83 233
84 170

Estimated living cost  is ₽38620 per week

₽25596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80757
₽87066
₽100250
₽114461
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
33 704
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.

-
-
-
6 409
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.

-
-
-
4 732
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.

-
-
-
86 047
total
-
-
-
130 892
Employee

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

47 572
-
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.

224
-
4 732
-
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.

4 087
-
86 047
-
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.

6 409
-
6 409
-
total
10 720
-
97 188
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
200 928
248 500
-
-
trade
33 053
40 878
-
-
income
30 138
37 275
-
-
chamber of commerce
429
497
-
-
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.

1 657
2 051
-
-
total
65 277
80 701
-
-
Dividends
135 651
167 799
-
-
withholding
33 556
41 594
-
-
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.

1 846
2 288
-
-
total
35 402
43 882
-
-
Income
248 500
248 500
248 500
248 500
Total tax
111 399
124 583
97 188
130 892
After tax
137 101
123 917
151 312
117 608
Living cost
36 852
36 852
36 852
36 852
Free-cash
100 250
87 066
114 461
80 757

Estimated living cost  is ₽36852 per week

₽24647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135255
₽150585
₽146697
₽133294
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 337
social contributions
-
-
-
15 178
income
-
-
-
61 304
total
-
-
-
82 819
Employee
72 134
72 134
236 058
-
social contributions
3 505
5 987
8 075
-
income
7 575
6 677
60 250
-
health
717
1 227
4 013
-
total
11 797
13 891
72 338
-
Employer
72 134
72 134
236 058
-
social contributions
3 505
5 987
8 075
-
health
781
1 335
4 367
-
total
4 286
7 322
12 442
-
Corporate
201 990
169 045
-
-
income
25 248
21 131
-
-
total
25 248
21 131
-
-
Dividends
176 741
147 914
-
-
withholding
30 046
25 145
-
-
total
30 046
25 145
-
-
Income
248 500
248 500
248 500
248 500
Total tax
71 377
67 489
84 780
82 819
After tax
177 123
181 011
163 720
165 681
Living cost
30 426
30 426
30 426
30 426
Free-cash
146 697
150 585
133 294
135 255

Estimated living cost  is ₽30426 per week

₽20800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6740
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154942
₽122216
₽122572
₽126851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 850
health
-
-
-
17 395
unemployment
-
-
-
3 727
income
-
-
-
30 379
total
-
-
-
76 351
Employee

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

The minimum wage is 138,000 HUF per month.

24 838
9 885
207 950
-
pensions
2 484
989
20 795
-
unemployment
373
148
3 119
-
income
3 037
1 208
25 422
-
health
1 739
692
14 556
-
total
7 633
3 037
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.

24 838
9 885
207 950
-
pensions
4 844
1 928
40 550
-
total
4 844
1 928
40 550
-
Corporate
218 818
236 687
-
-
income
19 694
21 302
-
-
total
19 694
21 302
-
-
Dividends
199 124
215 385
-
-
withholding
37 834
40 923
-
-
social contributions
38 716
41 887
-
-
total
76 550
82 810
-
-
Income
248 500
248 500
248 500
248 500
Total tax
108 721
109 077
104 442
76 351
After tax
139 779
139 423
144 058
172 149
Living cost
17 207
17 207
17 207
17 207
Free-cash
122 572
122 216
126 851
154 942

Estimated living cost  is ₽17207 per week

₽11742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110538
₽176141
₽170315
₽120572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
49 701
health
-
-
-
32 305
income
-
-
-
33 298
total
-
-
-
115 304
Employee
26 612
-
185 724
-
pensions
532
-
3 715
-
unemployment
425
-
2 971
-
income
2 996
-
35 808
-
total
3 953
-
42 494
-
Employer
26 612
-
185 724
-
pensions
5 323
-
37 145
-
unemployment
214
-
1 486
-
health
3 459
-
24 145
-
total
8 996
-
62 776
-
Corporate
212 893
248 500
-
-
income
42 578
49 701
-
-
total
42 578
49 701
-
-
Dividends
170 315
198 799
-
-
total
-
-
-
-
Income
248 500
248 500
248 500
248 500
Total tax
55 527
49 701
105 270
115 304
After tax
192 973
198 799
143 230
133 196
Living cost
22 658
22 658
22 658
22 658
Free-cash
170 315
176 141
120 572
110 538

Estimated living cost  is ₽22658 per week

₽15541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148646
-₽810
₽16916
₽116883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 960
health
-
-
-
2 076
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
72 287
total
-
-
-
78 916
Employee
32 937
-
228 596
-
pensions
3 709
-
7 261
-
income
4 519
-
57 340
-
health
3 771
-
26 175
-
total
11 999
-
90 776
-
Employer
32 937
-
228 596
-
pensions
5 356
-
10 485
-
unemployment
807
-
5 601
-
accident
550
-
3 817
-
total
6 713
-
19 903
-
Corporate
208 851
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.

187 966
223 650
-
-
total
187 966
223 650
-
-
Dividends
20 885
24 850
-
-
withholding
3 968
4 722
-
-
total
3 968
4 722
-
-
Income
248 500
248 500
248 500
248 500
Total tax
210 646
228 372
110 679
78 916
After tax
37 854
20 128
137 821
169 584
Living cost
20 938
20 938
20 938
20 938
Free-cash
16 916
-810
116 883
148 646

Estimated living cost  is ₽20938 per week

₽15346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽238342
₽228402
₽226963
₽191127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 591
-
248 500
-
income
1 918
-
49 700
-
total
1 918
-
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%.

238 909
248 500
-
-
total
-
-
-
-
Dividends
238 909
248 500
-
-
withholding
11 946
12 425
-
-
total
11 946
12 425
-
-
Income
248 500
248 500
248 500
248 500
Total tax
13 864
12 425
49 700
2 485
After tax
234 636
236 075
198 800
246 015
Living cost
7 673
7 673
7 673
7 673
Free-cash
226 963
228 402
191 127
238 342

Estimated living cost  is ₽7673 per week

₽4755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129883
₽157577
₽151241
₽127916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
34 236
health
-
-
-
6 277
other
-
-
-
6 775
income
-
-
-
46 333
total
-
-
-
93 621
Employee
34 061
-
211 998
-
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.

2 384
-
9 985
-
unemployment
340
-
1 426
-
income
5 864
-
45 678
-
health
477
-
1 997
-
total
9 065
-
59 086
-
Employer
34 061
-
211 998
-
pensions

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

5 791
-
24 251
-
other
1 704
-
7 131
-
unemployment
340
-
1 426
-
accident
272
-
1 697
-
health
477
-
1 997
-
total
8 584
-
36 502
-
Corporate
205 855
248 500
-
-
income
43 230
52 186
-
-
total
43 230
52 186
-
-
Dividends
162 626
196 314
-
-
withholding
11 384
13 741
-
-
total
11 384
13 741
-
-
Income
248 500
248 500
248 500
248 500
Total tax
72 263
65 927
95 588
93 621
After tax
176 237
182 573
152 912
154 879
Living cost
24 996
24 996
24 996
24 996
Free-cash
151 241
157 577
127 916
129 883

Estimated living cost  is ₽24996 per week

₽17661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96490
₽91570
₽99019
₽74471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 035
income
-
-
-
80 106
total
-
-
-
90 141
Employee
87 535
-
216 288
-
pensions
8 445
-
11 717
-
income
15 779
-
65 427
-
health
1 442
-
2 804
-
total
25 666
-
79 948
-
Employer
87 535
-
216 288
-
pensions
10 335
-
28 103
-
health
1 662
-
4 109
-
total
11 997
-
32 212
-
Corporate
148 967
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.

28 305
47 215
-
-
total
28 305
47 215
-
-
Dividends
120 663
201 285
-
-
withholding
21 644
47 846
-
-
total
21 644
47 846
-
-
Income
248 500
248 500
248 500
248 500
Total tax
87 612
95 061
112 160
90 141
After tax
160 888
153 439
136 340
158 359
Living cost
61 869
61 869
61 869
61 869
Free-cash
99 019
91 570
74 471
96 490

Estimated living cost  is ₽61869 per week

₽46359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽190167
₽200162
₽195803
₽200809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 852
health
-
-
-
3 770
unemployment
-
-
-
131
income
-
-
-
37 275
total
-
-
-
46 028
Employee
16 294
-
242 068
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 879
-
income
1 629
-
24 206
-
health
749
-
1 508
-
total
3 988
-
28 954
-
Employer
16 294
-
242 068
-
pensions

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

1 796
-
3 612
-
unemployment
97
-
197
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
health
1 125
-
2 262
-
total
3 197
-
6 432
-
Corporate
229 009
248 500
-
-
income
22 901
24 850
-
-
total
22 901
24 850
-
-
Dividends
206 108
223 650
-
-
withholding
10 306
11 183
-
-
total
10 306
11 183
-
-
Income
248 500
248 500
248 500
248 500
Total tax
40 392
36 033
35 386
46 028
After tax
208 108
212 467
213 114
202 472
Living cost
12 305
12 305
12 305
12 305
Free-cash
195 803
200 162
200 809
190 167

Estimated living cost  is ₽12305 per week

₽7184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79380
₽72251
₽74613
₽106842
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 991
health
-
-
-
11 568
income
-
-
-
94 543
total
-
-
-
117 102
Employee
86 971
80 108
231 067
-
pensions
10 991
10 991
10 991
-
income

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

13 112
13 112
49 648
-
health
10 850
10 459
11 568
-
total
34 953
34 562
72 207
-
Employer
86 971
80 108
231 067
-
pensions
6 053
5 576
6 930
-
unemployment
3 131
2 884
3 583
-
health
6 044
5 568
6 920
-
total
15 228
14 028
17 433
-
Corporate
146 301
154 364
-
-
income
29 261
30 874
-
-
total
29 261
30 874
-
-
Dividends
117 040
123 491
-
-
withholding
17 556
18 525
-
-
income
24 871
26 242
-
-
total
42 427
44 767
-
-
Income
248 500
248 500
248 500
248 500
Total tax
121 869
124 231
89 640
117 102
After tax
126 631
124 269
158 860
131 398
Living cost
52 018
52 018
52 018
52 018
Free-cash
74 613
72 251
106 842
79 380

Estimated living cost  is ₽52018 per week

₽38372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4646
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.
₽8404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126224
₽147778
₽139460
₽114943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
33 547
social contributions
-
-
-
33 548
solidarity contribution
-
-
-
4 656
income
-
-
-
27 211
total
-
-
-
98 962
Employee
34 286
-
201 630
-
social contributions
2 229
-
7 468
-
income
4 114
-
25 041
-
solidarity contribution
-
-
3 644
-
health
4 629
-
27 220
-
total
10 972
-
63 373
-
Employer
34 286
-
201 630
-
social contributions
8 571
-
28 723
-
health
3 086
-
18 147
-
total
11 657
-
46 870
-
Corporate
202 557
248 500
-
-
income
38 486
47 215
-
-
total
38 486
47 215
-
-
Dividends
164 071
201 285
-
-
withholding
24 611
30 193
-
-
total
24 611
30 193
-
-
Income
248 500
248 500
248 500
248 500
Total tax
85 726
77 408
110 243
98 962
After tax
162 774
171 092
138 257
149 538
Living cost
23 314
23 314
23 314
23 314
Free-cash
139 460
147 778
114 943
126 224

Estimated living cost  is ₽23314 per week

₽16194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82526
₽93003
₽88104
₽74574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 613
regional
-
-
-
3 321
social contributions
-
-
-
46 950
national
-
-
-
74 507
total
-
-
-
126 391
Employee
83 370
-
248 500
-
social contributions
28 113
-
61 553
-
municipal
441
-
1 495
-
regional
787
-
3 066
-
national
14 446
-
68 229
-
total
43 787
-
134 343
-
Employer
83 370
-
248 500
-
total
-
-
-
-
Corporate
165 130
248 500
-
-
nationa
39 630
59 639
-
-
municipal
6 441
9 691
-
-
total
46 071
69 330
-
-
Dividends
119 059
179 169
-
-
withholding
30 955
46 584
-
-
total
30 955
46 584
-
-
Income
248 500
248 500
248 500
248 500
Total tax
120 813
115 914
134 343
126 391
After tax
127 687
132 586
114 157
122 109
Living cost
39 583
39 583
39 583
39 583
Free-cash
88 104
93 003
74 574
82 526

Estimated living cost  is ₽39583 per week

₽27593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95795
₽135606
₽132687
₽90056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 040
health
-
-
-
8 888
surtax
-
-
-
14 576
other
-
-
-
-
unemployment
-
-
-
214
income
-
-
-
83 287
total
-
-
-
132 005
Employee
31 022
-
222 146
-
surtax
101
-
13 455
-
pensions
2 069
-
8 351
-
other
-
-
-
-
unemployment
2 159
-
8 714
-
income
5 200
-
77 678
-
health
792
-
3 192
-
total
10 321
-
111 390
-
Employer
31 022
-
222 146
-
pensions
4 135
-
16 689
-
other
-
-
-
-
unemployment
983
-
3 968
-
health
1 412
-
5 697
-
total
6 530
-
26 354
-
Corporate
210 949
248 500
-
-
income
54 847
64 610
-
-
total
54 847
64 610
-
-
Dividends
156 102
183 890
-
-
withholding
23 415
27 584
-
-
total
23 415
27 584
-
-
Income
248 500
248 500
248 500
248 500
Total tax
95 113
92 194
137 744
132 005
After tax
153 387
156 306
110 756
116 495
Living cost
20 700
20 700
20 700
20 700
Free-cash
132 687
135 606
90 056
95 795

Estimated living cost  is ₽20700 per week

₽12657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116092
₽111172
₽117284
₽94073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 035
income
-
-
-
80 106
total
-
-
-
90 141
Employee
58 664
-
216 288
-
pensions
4 979
-
11 717
-
income
10 566
-
65 427
-
health
852
-
2 804
-
total
16 397
-
79 948
-
Employer
58 664
-
216 288
-
pensions
6 350
-
28 103
-
health
1 114
-
4 109
-
total
7 464
-
32 212
-
Corporate
182 372
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.

34 651
47 215
-
-
total
34 651
47 215
-
-
Dividends
147 721
201 285
-
-
withholding
30 437
47 846
-
-
total
30 437
47 846
-
-
Income
248 500
248 500
248 500
248 500
Total tax
88 949
95 061
112 160
90 141
After tax
159 551
153 439
136 340
158 359
Living cost
42 267
42 267
42 267
42 267
Free-cash
117 284
111 172
94 073
116 092

Estimated living cost  is ₽42267 per week

₽31666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6990
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽119978
₽38715
₽70769
₽112577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
14 778
city
-
-
-
2 619
pensions
-
-
-
22 861
health
-
-
-
560
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
national
-
-
-
7 815
total
-
-
-
53 603
Employee
87 674
-
224 350
-
regional
2 871
-
13 236
-
national
415
-
6 457
-
pensions
7 366
-
16 690
-
unemployment
-
-
-
-
city
941
-
2 436
-
health
198
-
504
-
total
11 791
-
39 323
-
Employer
87 674
-
224 350
-
pensions
7 366
-
16 690
-
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.

1 753
-
4 487
-
unemployment
-
-
-
-
health
198
-
504
-
total
9 317
-
21 681
-
Corporate
150 545
248 500
-
-
regional
31 840
52 557
-
-
national
12 796
21 122
-
-
total
44 636
73 679
-
-
Dividends
105 910
174 821
-
-
withholding
37 068
61 187
-
-
total
37 068
61 187
-
-
Income
248 500
248 500
248 500
248 500
Total tax
102 812
134 866
61 004
53 603
After tax
145 688
113 634
187 496
194 897
Living cost
74 919
74 919
74 919
74 919
Free-cash
70 769
38 715
112 577
119 978

Estimated living cost  is ₽74919 per week

₽48718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽920
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽73201
₽79669
₽94880
₽108338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
35 137
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.

-
-
-
6 409
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.

-
-
-
4 732
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.

-
-
-
86 047
total
-
-
-
132 325
Employee

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

56 377
-
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.

365
-
4 732
-
income

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

6 629
-
86 047
-
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.

6 409
-
6 409
-
total
13 403
-
97 188
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 123
248 500
-
-
trade
32 949
42 617
-
-
income
28 819
37 275
-
-
chamber of commerce
413
491
-
-
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.

1 584
2 051
-
-
total
63 765
82 434
-
-
Dividends
128 357
166 065
-
-
withholding
31 733
41 159
-
-
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.

1 745
2 264
-
-
total
33 478
43 423
-
-
Income
248 500
248 500
248 500
248 500
Total tax
110 646
125 857
97 188
132 325
After tax
137 854
122 643
151 312
116 175
Living cost
42 974
42 974
42 974
42 974
Free-cash
94 880
79 669
108 338
73 201

Estimated living cost  is ₽42974 per week

₽31386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100638
₽93147
₽98690
₽90983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
36 375
health
-
-
-
13 107
surtax
-
-
-
-
other
-
-
-
7 703
social contributions
-
-
-
7 082
income
-
-
-
51 500
total
-
-
-
115 767
Employee
40 148
-
187 906
-
social contributions
1 145
-
5 355
-
surtax
-
-
-
-
pensions
4 539
-
14 897
-
income
2 369
-
44 580
-
total
8 053
-
64 832
-
Employer
40 148
-
187 906
-
pensions
6 596
-
24 754
-
social contributions
121
-
564
-
other
1 385
-
8 109
-
unemployment
1 625
-
7 610
-
health
2 811
-
19 553
-
total
12 538
-
60 590
-
Corporate
195 814
248 500
-
-
income
54 828
69 580
-
-
surtax
-
-
-
-
total
54 828
69 580
-
-
Dividends
140 986
178 920
-
-
withholding
18 046
22 902
-
-
surtax
-
-
-
-
social contributions
24 250
30 776
-
-
total
42 296
53 678
-
-
Income
248 500
248 500
248 500
248 500
Total tax
117 715
123 258
125 422
115 767
After tax
130 785
125 242
123 078
132 733
Living cost
32 095
32 095
32 095
32 095
Free-cash
98 690
93 147
90 983
100 638

Estimated living cost  is ₽32095 per week

₽20237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103818
₽96327
₽101542
₽94163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
36 375
health
-
-
-
13 107
surtax
-
-
-
-
other
-
-
-
7 703
social contributions
-
-
-
7 082
income
-
-
-
51 500
total
-
-
-
115 767
Employee
35 838
-
187 906
-
social contributions
1 022
-
5 355
-
surtax
-
-
-
-
pensions
4 053
-
14 897
-
income
1 848
-
44 580
-
total
6 923
-
64 832
-
Employer
35 838
-
187 906
-
pensions
5 889
-
24 754
-
social contributions
107
-
564
-
other
1 237
-
8 109
-
unemployment
1 451
-
7 610
-
health
2 508
-
19 553
-
total
11 192
-
60 590
-
Corporate
201 470
248 500
-
-
income
56 412
69 580
-
-
surtax
-
-
-
-
total
56 412
69 580
-
-
Dividends
145 058
178 920
-
-
withholding
18 567
22 902
-
-
surtax
-
-
-
-
social contributions
24 949
30 776
-
-
total
43 516
53 678
-
-
Income
248 500
248 500
248 500
248 500
Total tax
118 043
123 258
125 422
115 767
After tax
130 457
125 242
123 078
132 733
Living cost
28 915
28 915
28 915
28 915
Free-cash
101 542
96 327
94 163
103 818

Estimated living cost  is ₽28915 per week

₽16769
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽139694
₽131715
₽132202
₽71581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
17 346
social contributions
-
-
-
34 293
income
-
-
-
37 275
total
-
-
-
88 914
Employee
31 806
-
248 500
-
social contributions
4 390
-
34 293
-
income
5 305
-
105 388
-
health
2 220
-
17 346
-
total
11 915
-
157 027
-
Employer
31 806
-
248 500
-
total
-
-
-
-
Corporate
216 694
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%.

10 834
12 426
-
-
total
10 834
12 426
-
-
Dividends
205 860
236 074
-
-
withholding
30 879
35 411
-
-
social contributions
28 408
32 579
-
-
health
14 370
16 477
-
-
total
73 657
84 467
-
-
Income
248 500
248 500
248 500
248 500
Total tax
96 406
96 893
157 027
88 914
After tax
152 094
151 607
91 473
159 586
Living cost
19 892
19 892
19 892
19 892
Free-cash
132 202
131 715
71 581
139 694

Estimated living cost  is ₽19892 per week

₽13312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93640
₽103645
₽102197
₽31112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 274
health
-
-
-
8 383
surtax
-
-
-
185
unemployment
-
-
-
5 754
income
-
-
-
86 217
chamber of commerce
-
-
-
993
total
-
-
-
121 806
Employee
46 881
37 384
209 484
-
pensions
4 801
3 827
11 222
-
other
468
374
1 097
-
unemployment
1 406
1 122
3 288
-
income
5 337
2 757
73 991
-
health
1 814
1 447
4 240
-
total
13 826
9 527
93 838
-
Employer
46 881
37 384
209 484
-
payroll
1 406
1 122
6 284
-
chamber of commerce
187
150
838
-
pensions
5 883
4 693
13 754
-
surtax
185
185
185
-
other
2 227
1 775
9 100
-
unemployment
1 406
1 122
3 288
-
accident
609
486
1 424
-
health
1 771
1 413
4 142
-
total
13 674
10 946
39 015
-
Corporate
187 944
200 172
205 924
-
income

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

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

46 986
50 042
51 481
-
total
46 986
50 042
51 481
-
Dividends
140 958
150 129
-
-
withholding
38 763
41 286
-
-
total
38 763
41 286
-
-
Income
248 500
248 500
248 500
248 500
Total tax
113 249
111 801
184 334
121 806
After tax
135 251
136 699
64 166
126 694
Living cost
33 054
33 054
33 054
33 054
Free-cash
102 197
103 645
31 112
93 640

Estimated living cost  is ₽33054 per week

₽22046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74069
₽100074
₽90533
₽48641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 388
communal

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

-
-
-
13 506
national
-
-
-
103 334
total
-
-
-
140 228
Employee

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

67 101
-
192 473
-
national
20 630
-
74 436
-
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.

5 033
-
14 435
-
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.

584
-
1 675
-
communal

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

3 500
-
10 038
-
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.

3 153
-
9 045
-
total
32 900
-
109 629
-
Employer

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

67 101
-
192 473
-
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.

5 946
-
17 052
-
surtax
7 608
-
21 825
-
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.

979
-
2 811
-
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.

872
-
2 501
-
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.

4 126
-
11 838
-
total
19 531
-
56 027
-
Corporate
161 867
248 500
-
-
income
32 372
56 043
-
-
surtax
648
1 122
-
-
total
33 020
57 165
-
-
Dividends
128 846
191 335
-
-
withholding

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

38 313
57 058
-
-
total
38 313
57 058
-
-
Income
248 500
248 500
248 500
248 500
Total tax
123 764
114 223
165 656
140 228
After tax
124 736
134 277
82 844
108 272
Living cost
34 203
34 203
34 203
34 203
Free-cash
90 533
100 074
48 641
74 069

Estimated living cost  is ₽34203 per week

₽22031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104647
₽130760
₽124332
₽100711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 606
other
-
-
-
87
unemployment
-
-
-
609
accident
-
-
-
783
income
-
-
-
83 890
total
-
-
-
109 975
Employee
46 695
-
220 781
-
pensions
2 195
-
4 087
-
other
46
-
87
-
unemployment
725
-
1 348
-
income
9 852
-
80 670
-
total
12 818
-
86 192
-
Employer
46 695
-
220 781
-
pensions
11 019
-
20 520
-
other
372
-
696
-
unemployment
2 569
-
4 782
-
accident
924
-
1 721
-
total
14 884
-
27 719
-
Corporate
186 921
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.

28 038
37 275
-
-
total
28 038
37 275
-
-
Dividends
158 883
211 225
-
-
withholding
34 550
46 587
-
-
total
34 550
46 587
-
-
Income
248 500
248 500
248 500
248 500
Total tax
90 290
83 862
113 911
109 975
After tax
158 210
164 638
134 589
138 525
Living cost
33 878
33 878
33 878
33 878
Free-cash
124 332
130 760
100 711
104 647

Estimated living cost  is ₽33878 per week

₽24947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2403
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.
₽6038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65850
₽86463
₽73561
₽72304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
33 200
health
-
-
-
15 564
surtax
-
-
-
12 751
accident
-
-
-
1 867
communal
-
-
-
15 705
income
-
-
-
52 584
total
-
-
-
131 671
Employee
71 040
-
221 975
-
surtax
4 354
-
13 604
-
pensions
5 682
-
17 757
-
income
6 862
-
57 454
-
health
3 162
-
9 878
-
total
20 060
-
98 693
-
Employer
71 040
-
221 975
-
pensions
5 682
-
17 757
-
accident
639
-
1 997
-
health
2 166
-
6 770
-
total
8 487
-
26 524
-
Corporate
168 972
248 500
-
-
communal
11 406
16 775
-
-
income
25 346
37 275
-
-
surtax
1 775
2 610
-
-
total
38 527
56 660
-
-
Dividends
130 446
191 841
-
-
withholding
19 568
28 777
-
-
income
37 318
25 621
-
-
total
56 886
54 398
-
-
Income
248 500
248 500
248 500
248 500
Total tax
123 960
111 058
125 217
131 671
After tax
124 540
137 442
123 283
116 829
Living cost
50 979
50 979
50 979
50 979
Free-cash
73 561
86 463
72 304
65 850

Estimated living cost  is ₽50979 per week

₽38242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
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.
₽9107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95425
₽135236
₽132253
₽89686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 040
health
-
-
-
8 888
surtax
-
-
-
14 576
other
-
-
-
-
unemployment
-
-
-
214
income
-
-
-
83 287
total
-
-
-
132 005
Employee
31 591
-
222 146
-
surtax
112
-
13 455
-
pensions
2 108
-
8 351
-
other
-
-
-
-
unemployment
2 199
-
8 714
-
income
5 296
-
77 678
-
health
806
-
3 192
-
total
10 521
-
111 390
-
Employer
31 591
-
222 146
-
pensions
4 212
-
16 689
-
other
-
-
-
-
unemployment
1 002
-
3 968
-
health
1 437
-
5 697
-
total
6 651
-
26 354
-
Corporate
210 258
248 500
-
-
income
54 667
64 610
-
-
total
54 667
64 610
-
-
Dividends
155 591
183 890
-
-
withholding
23 338
27 584
-
-
total
23 338
27 584
-
-
Income
248 500
248 500
248 500
248 500
Total tax
95 177
92 194
137 744
132 005
After tax
153 323
156 306
110 756
116 495
Living cost
21 070
21 070
21 070
21 070
Free-cash
132 253
135 236
89 686
95 425

Estimated living cost  is ₽21070 per week

₽12721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96068
₽105347
₽103266
₽88159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 613
regional
-
-
-
4 092
social contributions
-
-
-
46 950
national
-
-
-
74 507
total
-
-
-
127 162
Employee
52 036
-
248 500
-
social contributions
17 547
-
61 553
-
municipal
276
-
1 495
-
regional
700
-
3 794
-
national
8 244
-
68 229
-
total
26 767
-
135 071
-
Employer
52 036
-
248 500
-
total
-
-
-
-
Corporate
196 464
248 500
-
-
nationa
47 151
59 639
-
-
municipal
9 764
12 351
-
-
total
56 915
71 990
-
-
Dividends
139 548
176 510
-
-
withholding
36 282
45 893
-
-
total
36 282
45 893
-
-
Income
248 500
248 500
248 500
248 500
Total tax
119 964
117 883
135 071
127 162
After tax
128 536
130 617
113 429
121 338
Living cost
25 270
25 270
25 270
25 270
Free-cash
103 266
105 347
88 159
96 068

Estimated living cost  is ₽25270 per week

₽15715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2560
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120809
₽142363
₽132115
₽109528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
33 547
social contributions
-
-
-
33 548
solidarity contribution
-
-
-
4 656
income
-
-
-
27 211
total
-
-
-
98 962
Employee
42 249
-
201 630
-
social contributions
2 746
-
7 468
-
income
5 070
-
25 041
-
solidarity contribution
-
-
3 644
-
health
5 704
-
27 220
-
total
13 520
-
63 373
-
Employer
42 249
-
201 630
-
social contributions
10 562
-
28 723
-
health
3 802
-
18 147
-
total
14 364
-
46 870
-
Corporate
191 886
248 500
-
-
income
36 458
47 215
-
-
total
36 458
47 215
-
-
Dividends
155 428
201 285
-
-
withholding
23 314
30 193
-
-
total
23 314
30 193
-
-
Income
248 500
248 500
248 500
248 500
Total tax
87 656
77 408
110 243
98 962
After tax
160 844
171 092
138 257
149 538
Living cost
28 729
28 729
28 729
28 729
Free-cash
132 115
142 363
109 528
120 809

Estimated living cost  is ₽28729 per week

₽21365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96951
₽106872
₽106409
₽34282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 274
health
-
-
-
8 383
surtax
-
-
-
-
unemployment
-
-
-
5 754
income
-
-
-
86 217
chamber of commerce
-
-
-
993
total
-
-
-
121 621
Employee
41 006
37 384
209 657
-
pensions
4 199
3 827
11 222
-
other
409
374
1 097
-
unemployment
1 230
1 122
3 288
-
income
3 653
2 757
74 077
-
health
1 586
1 447
4 240
-
total
11 077
9 527
93 924
-
Employer
41 006
37 384
209 657
-
payroll
1 230
1 122
6 289
-
chamber of commerce
164
150
838
-
pensions
5 146
4 693
13 754
-
surtax
-
-
-
-
other
1 948
1 775
9 107
-
unemployment
1 230
1 122
3 288
-
accident
532
486
1 424
-
health
1 551
1 413
4 142
-
total
11 801
10 761
38 842
-
Corporate
195 693
200 357
206 096
-
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.

48 923
50 089
51 524
-
total
48 923
50 089
51 524
-
Dividends
146 770
150 268
-
-
withholding
40 362
41 323
-
-
total
40 362
41 323
-
-
Income
248 500
248 500
248 500
248 500
Total tax
112 163
111 700
184 290
121 621
After tax
136 337
136 800
64 210
126 879
Living cost
29 928
29 928
29 928
29 928
Free-cash
106 409
106 872
34 282
96 951

Estimated living cost  is ₽29928 per week

₽17953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8385
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽234058
₽224118
₽221876
₽186843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 947
-
248 500
-
income
2 989
-
49 700
-
total
2 989
-
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%.

233 553
248 500
-
-
total
-
-
-
-
Dividends
233 553
248 500
-
-
withholding
11 678
12 425
-
-
total
11 678
12 425
-
-
Income
248 500
248 500
248 500
248 500
Total tax
14 667
12 425
49 700
2 485
After tax
233 833
236 075
198 800
246 015
Living cost
11 957
11 957
11 957
11 957
Free-cash
221 876
224 118
186 843
234 058

Estimated living cost  is ₽11957 per week

₽8091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86256
₽145929
₽138084
₽80860
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
45 382
health
-
-
-
24 452
unemployment
-
-
-
372
income
-
-
-
66 877
total
-
-
-
137 083
Employee

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

41 482
-
215 020
-
pensions
6 430
-
33 328
-
unemployment
59
-
301
-
income
7 153
-
61 479
-
health
2 679
-
13 891
-
total
16 321
-
108 999
-
Employer

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

41 482
-
215 020
-
pensions
3 671
-
19 030
-
unemployment
25
-
128
-
health
2 763
-
14 322
-
total
6 459
-
33 480
-
Corporate
200 560
248 500
-
-
income
38 106
47 216
-
-
total
38 106
47 216
-
-
Dividends
162 453
201 284
-
-
withholding
24 369
30 194
-
-
total
24 369
30 194
-
-
Income
248 500
248 500
248 500
248 500
Total tax
85 255
77 410
142 479
137 083
After tax
163 245
171 090
106 021
111 417
Living cost
25 161
25 161
25 161
25 161
Free-cash
138 084
145 929
80 860
86 256

Estimated living cost  is ₽25161 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
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.
₽5794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130790
₽110244
₽65108
₽195074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 329
income
-
-
-
48 438
total
-
-
-
76 767
Employee
58 707
-
-
-
social contributions
4 814
-
686
-
income
12 950
-
-
-
total
17 764
-
686
-
Employer
58 707
-
-
-
social contributions
82 777
-
11 797
-
total
82 777
-
11 797
-
Corporate
107 016
248 500
-
-
income
23 544
54 670
-
-
total
23 544
54 670
-
-
Dividends
83 473
193 830
-
-
income
18 364
42 643
-
-
total
18 364
42 643
-
-
Income
248 500
248 500
248 500
248 500
Total tax
142 449
97 313
12 483
76 767
After tax
106 051
151 187
236 017
171 733
Living cost
40 943
40 943
40 943
40 943
Free-cash
65 108
110 244
195 074
130 790

Estimated living cost  is ₽40943 per week

₽26566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3851
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.
₽10005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98316
₽111922
₽110977
₽77514
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
86 355
income
-
-
-
34 405
total
-
-
-
120 760
Employee
43 144
-
200 807
-
social contributions
4 746
-
22 088
-
surtax
-
-
908
-
income
8 974
-
70 875
-
total
13 720
-
93 871
-
Employer
43 144
-
200 807
-
social contributions
10 247
-
47 691
-
total
10 247
-
47 691
-
Corporate
195 109
248 500
-
-
income
40 973
52 186
-
-
surtax
-
-
-
-
total
40 973
52 186
-
-
Dividends
154 137
196 314
-
-
withholding
43 159
54 968
-
-
total
43 159
54 968
-
-
Income
248 500
248 500
248 500
248 500
Total tax
108 099
107 154
141 562
120 760
After tax
140 401
141 346
106 938
127 740
Living cost
29 424
29 424
29 424
29 424
Free-cash
110 977
111 922
77 514
98 316

Estimated living cost  is ₽29424 per week

₽22015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87425
₽79934
₽86384
₽77770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
36 375
health
-
-
-
13 107
surtax
-
-
-
-
other
-
-
-
7 703
social contributions
-
-
-
7 082
income
-
-
-
51 500
total
-
-
-
115 767
Employee
58 753
-
187 906
-
social contributions
1 673
-
5 355
-
surtax
-
-
-
-
pensions
6 645
-
14 897
-
income
5 126
-
44 580
-
total
13 444
-
64 832
-
Employer
58 753
-
187 906
-
pensions
9 654
-
24 754
-
social contributions
176
-
564
-
other
2 028
-
8 109
-
unemployment
2 380
-
7 610
-
health
4 112
-
19 553
-
total
18 350
-
60 590
-
Corporate
171 396
248 500
-
-
income
47 992
69 580
-
-
surtax
-
-
-
-
total
47 992
69 580
-
-
Dividends
123 405
178 920
-
-
withholding
15 795
22 902
-
-
surtax
-
-
-
-
social contributions
21 227
30 776
-
-
total
37 022
53 678
-
-
Income
248 500
248 500
248 500
248 500
Total tax
116 808
123 258
125 422
115 767
After tax
131 692
125 242
123 078
132 733
Living cost
45 308
45 308
45 308
45 308
Free-cash
86 384
79 934
77 770
87 425

Estimated living cost  is ₽45308 per week

₽30664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151947
₽195453
₽192300
₽158550
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 669
income
-
-
-
13 686
total
-
-
-
68 355
Employee
30 158
-
215 152
-
social contributions
1 960
-
13 985
-
income
-
-
14 419
-
total
1 960
-
28 404
-
Employer
30 158
-
215 152
-
social contributions
4 675
-
33 348
-
total
4 675
-
33 348
-
Corporate
213 667
248 500
-
-
income
21 367
24 849
-
-
total
21 367
24 849
-
-
Dividends
192 300
223 651
-
-
total
-
-
-
-
Income
248 500
248 500
248 500
248 500
Total tax
28 002
24 849
61 752
68 355
After tax
220 498
223 651
186 748
180 145
Living cost
28 198
28 198
28 198
28 198
Free-cash
192 300
195 453
158 550
151 947

Estimated living cost  is ₽28198 per week

₽18233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
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.
₽7309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96623
₽44407
₽22020
₽44407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
54 243
pensions
-
-
-
812
labour market
-
-
-
19 815
national
-
-
-
31 894
total
-
-
-
106 764
Employee
190 412
190 412
190 412
-
municipal
40 547
40 547
40 547
-
national
23 262
23 262
23 262
-
pensions
271
271
271
-
labour market
15 211
15 211
15 211
-
total
79 291
79 291
79 291
-
Employer
190 412
190 412
190 412
-
labour market
15 233
15 233
15 233
-
pensions
541
541
541
-
municipal
40 612
40 612
40 612
-
national
23 303
23 303
23 303
-
total
79 689
79 689
79 689
-
Corporate
44 407
-
-
-
income
9 769
-
-
-
total
9 769
-
-
-
Dividends
34 637
-
-
-
withholding
12 618
-
-
-
total
12 618
-
-
-
Income
248 500
248 500
248 500
248 500
Total tax
181 367
158 980
158 980
106 764
After tax
67 133
89 520
89 520
141 736
Living cost
45 113
45 113
45 113
45 113
Free-cash
22 020
44 407
44 407
96 623

Estimated living cost  is ₽45113 per week

₽30876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽694
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148955
-₽501
₽16965
₽117192
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 960
health
-
-
-
2 076
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
72 287
total
-
-
-
78 916
Employee
32 451
-
228 596
-
pensions
3 654
-
7 261
-
income
4 452
-
57 340
-
health
3 716
-
26 175
-
total
11 822
-
90 776
-
Employer
32 451
-
228 596
-
pensions
5 277
-
10 485
-
unemployment
795
-
5 601
-
accident
542
-
3 817
-
total
6 614
-
19 903
-
Corporate
209 435
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.

188 491
223 650
-
-
total
188 491
223 650
-
-
Dividends
20 944
24 850
-
-
withholding
3 979
4 722
-
-
total
3 979
4 722
-
-
Income
248 500
248 500
248 500
248 500
Total tax
210 906
228 372
110 679
78 916
After tax
37 594
20 128
137 821
169 584
Living cost
20 629
20 629
20 629
20 629
Free-cash
16 965
-501
117 192
148 955

Estimated living cost  is ₽20629 per week

₽15016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112168
₽113165
₽117426
₽83702
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
44 111
health
-
-
-
3 436
national
-
-
-
52 770
total
-
-
-
100 317
Employee
49 354
-
209 053
-
municipal
8 084
-
34 016
-
national
815
-
35 244
-
pensions
3 331
-
14 111
-
unemployment
741
-
3 137
-
health
368
-
2 829
-
total
13 339
-
89 337
-
Employer
49 354
-
209 053
-
pensions
8 563
-
36 271
-
unemployment
320
-
1 358
-
accident
50
-
208
-
health
379
-
1 609
-
total
9 312
-
39 446
-
Corporate
189 834
248 500
-
-
income
37 968
49 701
-
-
total
37 968
49 701
-
-
Dividends

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

113 900
149 099
-
-
municipal
20 502
26 838
-
-
national
13 938
22 781
-
-
total
34 440
49 619
-
-
Income
248 500
248 500
248 500
248 500
Total tax
95 059
99 320
128 783
100 317
After tax
153 441
149 180
119 717
148 183
Living cost
36 015
36 015
36 015
36 015
Free-cash
117 426
113 165
83 702
112 168

Estimated living cost  is ₽36015 per week

₽23525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143962
₽159292
₽154188
₽142001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 337
social contributions
-
-
-
15 178
income
-
-
-
61 304
total
-
-
-
82 819
Employee
72 134
72 134
236 058
-
social contributions
2 727
5 987
8 075
-
income
7 854
6 677
60 250
-
health
559
1 227
4 013
-
total
11 140
13 891
72 338
-
Employer
72 134
72 134
236 058
-
social contributions
2 727
5 987
8 075
-
health
607
1 335
4 367
-
total
3 334
7 322
12 442
-
Corporate
212 306
169 045
-
-
income
26 539
21 131
-
-
total
26 539
21 131
-
-
Dividends
185 768
147 914
-
-
withholding
31 580
25 145
-
-
total
31 580
25 145
-
-
Income
248 500
248 500
248 500
248 500
Total tax
72 593
67 489
84 780
82 819
After tax
175 907
181 011
163 720
165 681
Living cost
21 719
21 719
21 719
21 719
Free-cash
154 188
159 292
142 001
143 962

Estimated living cost  is ₽21719 per week

₽13017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽198246
₽190889
₽186116
₽179433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 967
health
-
-
-
3 395
unemployment
-
-
-
27
income
-
-
-
25 971
total
-
-
-
35 360
Employee

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

21 532
-
239 332
-
pensions
3 229
-
13 351
-
unemployment
107
-
445
-
income
1 472
-
23 644
-
health
1 830
-
7 566
-
total
6 638
-
45 006
-
Employer

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

21 532
-
239 332
-
pensions
1 184
-
4 895
-
unemployment
107
-
445
-
health
926
-
3 827
-
total
2 217
-
9 167
-
Corporate
224 752
248 500
-
-
income
20 228
22 364
-
-
total
20 228
22 364
-
-
Dividends
204 523
226 136
-
-
withholding
18 407
20 353
-
-
total
18 407
20 353
-
-
Income
248 500
248 500
248 500
248 500
Total tax
47 490
42 717
54 173
35 360
After tax
201 010
205 783
194 327
213 140
Living cost
14 894
14 894
14 894
14 894
Free-cash
186 116
190 889
179 433
198 246

Estimated living cost  is ₽14894 per week

₽9503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112729
₽138842
₽134698
₽108793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 606
other
-
-
-
87
unemployment
-
-
-
609
accident
-
-
-
783
income
-
-
-
83 890
total
-
-
-
109 975
Employee
34 686
-
220 781
-
pensions
1 631
-
4 087
-
other
34
-
87
-
unemployment
538
-
1 348
-
income
6 687
-
80 670
-
total
8 890
-
86 192
-
Employer
34 686
-
220 781
-
pensions
8 185
-
20 520
-
other
278
-
696
-
unemployment
1 908
-
4 782
-
accident
687
-
1 721
-
total
11 058
-
27 719
-
Corporate
202 755
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.

30 413
37 275
-
-
total
30 413
37 275
-
-
Dividends
172 343
211 225
-
-
withholding
37 645
46 587
-
-
total
37 645
46 587
-
-
Income
248 500
248 500
248 500
248 500
Total tax
88 006
83 862
113 911
109 975
After tax
160 494
164 638
134 589
138 525
Living cost
25 796
25 796
25 796
25 796
Free-cash
134 698
138 842
108 793
112 729

Estimated living cost  is ₽25796 per week

₽17412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158624
₽153236
₽152934
₽158495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 333
health
-
-
-
967
income
-
-
-
85 748
total
-
-
-
88 048
Employee
2 784
-
247 000
-
pensions
251
-
600
-
unemployment
28
-
67
-
income
539
-
85 678
-
health
139
-
333
-
total
957
-
86 678
-
Employer
2 784
-
247 000
-
pensions
306
-
733
-
unemployment
56
-
133
-
health
265
-
633
-
total
627
-
1 499
-
Corporate
245 089
248 500
-
-
income
53 920
54 670
-
-
total
53 920
54 670
-
-
Dividends
191 170
193 830
-
-
withholding
38 234
38 766
-
-
total
38 234
38 766
-
-
Income
248 500
248 500
248 500
248 500
Total tax
93 738
93 436
88 177
88 048
After tax
154 762
155 064
160 323
160 452
Living cost
1 828
1 828
1 828
1 828
Free-cash
152 934
153 236
158 495
158 624

Estimated living cost  is ₽1828 per week

₽1086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147948
₽163353
₽158749
₽147947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
17 986
health
-
-
-
7 125
unemployment
-
-
-
1 038
income
-
-
-
58 215
total
-
-
-
84 364
Employee

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

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

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

24 411
-
236 117
-
pensions
3 417
-
9 685
-
unemployment
183
-
519
-
income
3 365
-
58 215
-
health
1 257
-
3 563
-
total
8 222
-
71 982
-
Employer

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

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

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

24 411
-
236 117
-
pensions
2 929
-
8 301
-
unemployment
183
-
519
-
health
1 257
-
3 563
-
total
4 369
-
12 383
-
Corporate
219 720
248 500
-
-
income
32 958
37 275
-
-
total
32 958
37 275
-
-
Dividends
186 762
211 225
-
-
withholding
28 014
31 684
-
-
total
28 014
31 684
-
-
Income
248 500
248 500
248 500
248 500
Total tax
73 563
68 959
84 365
84 364
After tax
174 937
179 541
164 135
164 136
Living cost
16 188
16 188
16 188
16 188
Free-cash
158 749
163 353
147 947
147 948

Estimated living cost  is ₽16188 per week

₽10899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102450
₽116056
₽115720
₽81648
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
86 355
income
-
-
-
34 405
total
-
-
-
120 760
Employee
36 409
-
200 807
-
social contributions
4 005
-
22 088
-
surtax
-
-
908
-
income
7 114
-
70 875
-
total
11 119
-
93 871
-
Employer
36 409
-
200 807
-
social contributions
8 646
-
47 691
-
total
8 646
-
47 691
-
Corporate
203 445
248 500
-
-
income
42 724
52 186
-
-
surtax
-
-
-
-
total
42 724
52 186
-
-
Dividends
160 721
196 314
-
-
withholding
45 001
54 968
-
-
total
45 001
54 968
-
-
Income
248 500
248 500
248 500
248 500
Total tax
107 490
107 154
141 562
120 760
After tax
141 010
141 346
106 938
127 740
Living cost
25 290
25 290
25 290
25 290
Free-cash
115 720
116 056
81 648
102 450

Estimated living cost  is ₽25290 per week

₽17912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105557
₽131670
₽125531
₽101621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 606
other
-
-
-
87
unemployment
-
-
-
609
accident
-
-
-
783
income
-
-
-
83 890
total
-
-
-
109 975
Employee
45 305
-
220 781
-
pensions
2 129
-
4 087
-
other
45
-
87
-
unemployment
701
-
1 348
-
income
9 463
-
80 670
-
total
12 338
-
86 192
-
Employer
45 305
-
220 781
-
pensions
10 692
-
20 520
-
other
363
-
696
-
unemployment
2 492
-
4 782
-
accident
897
-
1 721
-
total
14 444
-
27 719
-
Corporate
188 751
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.

28 312
37 275
-
-
total
28 312
37 275
-
-
Dividends
160 439
211 225
-
-
withholding
34 907
46 587
-
-
total
34 907
46 587
-
-
Income
248 500
248 500
248 500
248 500
Total tax
90 001
83 862
113 911
109 975
After tax
158 499
164 638
134 589
138 525
Living cost
32 968
32 968
32 968
32 968
Free-cash
125 531
131 670
101 621
105 557

Estimated living cost  is ₽32968 per week

₽23676
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.
₽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.
₽6264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽186327
₽196322
₽190604
₽196969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 852
health
-
-
-
3 770
unemployment
-
-
-
131
income
-
-
-
37 275
total
-
-
-
46 028
Employee
21 378
-
242 068
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 877
-
2 879
-
income
2 138
-
24 206
-
health
983
-
1 508
-
total
5 233
-
28 954
-
Employer
21 378
-
242 068
-
pensions

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

2 356
-
3 612
-
unemployment
128
-
197
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
health
1 475
-
2 262
-
total
4 194
-
6 432
-
Corporate
222 927
248 500
-
-
income
22 292
24 850
-
-
total
22 292
24 850
-
-
Dividends
200 635
223 650
-
-
withholding
10 032
11 183
-
-
total
10 032
11 183
-
-
Income
248 500
248 500
248 500
248 500
Total tax
41 751
36 033
35 386
46 028
After tax
206 749
212 467
213 114
202 472
Living cost
16 145
16 145
16 145
16 145
Free-cash
190 604
196 322
196 969
186 327

Estimated living cost  is ₽16145 per week

₽10678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85694
₽91536
₽103809
₽115095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
29 401
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.

-
-
-
6 409
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.

-
-
-
4 732
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.

-
-
-
86 047
total
-
-
-
126 589
Employee

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

46 675
-
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.

212
-
4 732
-
income

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

3 838
-
86 047
-
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.

6 409
-
6 409
-
total
10 459
-
97 188
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
201 825
248 500
-
-
trade
28 962
35 660
-
-
income
30 274
37 275
-
-
chamber of commerce
438
507
-
-
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.

1 664
2 051
-
-
total
61 338
75 493
-
-
Dividends
140 487
173 006
-
-
withholding
34 765
42 895
-
-
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.

1 912
2 359
-
-
total
36 677
45 254
-
-
Income
248 500
248 500
248 500
248 500
Total tax
108 474
120 747
97 188
126 589
After tax
140 026
127 753
151 312
121 911
Living cost
36 217
36 217
36 217
36 217
Free-cash
103 809
91 536
115 095
85 694

Estimated living cost  is ₽36217 per week

₽24983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67782
₽120513
₽122584
₽67782
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 387
income
-
-
-
83 894
total
-
-
-
127 281
Employee
73 378
-
248 500
-
social contributions
6 096
-
43 387
-
income
13 846
-
83 894
-
total
19 942
-
127 281
-
Employer
73 378
-
248 500
-
total
-
-
-
-
Corporate
175 122
248 500
-
-
income
21 891
31 062
-
-
total
21 891
31 062
-
-
Dividends
153 231
217 438
-
-
withholding
30 646
43 488
-
-
total
30 646
43 488
-
-
Income
248 500
248 500
248 500
248 500
Total tax
72 479
74 550
127 281
127 281
After tax
176 021
173 950
121 219
121 219
Living cost
53 437
53 437
53 437
53 437
Free-cash
122 584
120 513
67 782
67 782

Estimated living cost  is ₽53437 per week

₽40654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171412
₽122516
₽125795
₽137555
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 761
income
-
-
-
37 275
total
-
-
-
43 036
Employee
43 033
-
244 185
-
social contributions
4 312
-
4 315
-
income
4 669
-
68 263
-
total
8 981
-
72 578
-
Employer
43 033
-
244 185
-
social contributions
4 312
-
4 315
-
total
4 312
-
4 315
-
Corporate
201 155
248 500
-
-
income
70 404
86 976
-
-
total
70 404
86 976
-
-
Dividends
130 751
161 524
-
-
social contributions
4 956
4 956
-
-
total
4 956
4 956
-
-
Income
248 500
248 500
248 500
248 500
Total tax
88 653
91 932
76 893
43 036
After tax
159 847
156 568
171 607
205 464
Living cost
34 052
34 052
34 052
34 052
Free-cash
125 795
122 516
137 555
171 412

Estimated living cost  is ₽34052 per week

₽22430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
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.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123997
₽119077
₽124557
₽101978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 035
income
-
-
-
80 106
total
-
-
-
90 141
Employee
47 166
-
216 288
-
pensions
3 600
-
11 717
-
income
8 589
-
65 427
-
health
615
-
2 804
-
total
12 804
-
79 948
-
Employer
47 166
-
216 288
-
pensions
4 765
-
28 103
-
health
896
-
4 109
-
total
5 661
-
32 212
-
Corporate
195 672
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.

37 177
47 215
-
-
total
37 177
47 215
-
-
Dividends
158 495
201 285
-
-
withholding
33 939
47 846
-
-
total
33 939
47 846
-
-
Income
248 500
248 500
248 500
248 500
Total tax
89 581
95 061
112 160
90 141
After tax
158 919
153 439
136 340
158 359
Living cost
34 362
34 362
34 362
34 362
Free-cash
124 557
119 077
101 978
123 997

Estimated living cost  is ₽34362 per week

₽23572
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽146912
-₽2544
₽16649
₽115149
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 960
health
-
-
-
2 076
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
72 287
total
-
-
-
78 916
Employee
35 664
-
228 596
-
pensions
4 016
-
7 261
-
income
4 893
-
57 340
-
health
4 083
-
26 175
-
total
12 992
-
90 776
-
Employer
35 664
-
228 596
-
pensions
5 799
-
10 485
-
unemployment
874
-
5 601
-
accident
596
-
3 817
-
total
7 269
-
19 903
-
Corporate
205 568
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.

185 012
223 650
-
-
total
185 012
223 650
-
-
Dividends
20 557
24 850
-
-
withholding
3 906
4 722
-
-
total
3 906
4 722
-
-
Income
248 500
248 500
248 500
248 500
Total tax
209 179
228 372
110 679
78 916
After tax
39 321
20 128
137 821
169 584
Living cost
22 672
22 672
22 672
22 672
Free-cash
16 649
-2 544
115 149
146 912

Estimated living cost  is ₽22672 per week

₽16639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152411
₽177448
₽174615
₽173011
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
27 567
health insurance
-
-
-
11 087
work injury
-
-
-
749
unemployment
-
-
-
1 798
income
-
-
-
42 234
total
-
-
-
83 435
Employee

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

20 247
-
248 500
-
pensions
3 725
-
13 784
-
health insurance
1 498
-
5 543
-
unemployment
243
-
899
-
income
2 025
-
42 234
-
work injury
101
-
375
-
total
7 592
-
62 835
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
228 253
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%.

22 825
24 850
-
-
total
22 825
24 850
-
-
Dividends
205 428
223 650
-
-
withholding
30 814
33 548
-
-
total
30 814
33 548
-
-
Income
248 500
248 500
248 500
248 500
Total tax
61 231
58 398
62 835
83 435
After tax
187 269
190 102
185 665
165 065
Living cost
12 654
12 654
12 654
12 654
Free-cash
174 615
177 448
173 011
152 411

Estimated living cost  is ₽12654 per week

₽7840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3500
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81459
₽93524
₽89256
₽73752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 814
regional
-
-
-
6 399
social contributions
-
-
-
46 950
national
-
-
-
74 507
total
-
-
-
129 670
Employee
79 048
-
248 500
-
social contributions
26 655
-
61 553
-
municipal
472
-
1 682
-
regional
1 193
-
5 913
-
national
13 358
-
68 229
-
total
41 678
-
137 377
-
Employer
79 048
-
248 500
-
total
-
-
-
-
Corporate
169 452
248 500
-
-
nationa
40 668
59 639
-
-
municipal
8 167
11 977
-
-
total
48 835
71 616
-
-
Dividends
120 616
176 884
-
-
withholding
31 360
45 989
-
-
total
31 360
45 989
-
-
Income
248 500
248 500
248 500
248 500
Total tax
121 873
117 605
137 377
129 670
After tax
126 627
130 895
111 123
118 830
Living cost
37 371
37 371
37 371
37 371
Free-cash
89 256
93 524
73 752
81 459

Estimated living cost  is ₽37371 per week

₽26250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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