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
₽122718
₽96458
₽90529
₽106955
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 483
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.

-
-
-
85 834
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.

-
-
-
4 720
trade
-
-
-
32 189
total
-
-
-
129 226
Employee

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

36 298
-
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.

56
-
4 720
-
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.

1 014
-
85 834
-
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.

6 483
-
6 483
-
total
7 553
-
97 037
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
212 202
248 500
-
-
chamber of commerce
448
501
-
-
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.

1 751
2 049
-
-
trade
33 422
39 138
-
-
income
31 830
37 274
-
-
total
67 451
78 962
-
-
Dividends
144 750
169 537
-
-
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.

1 970
2 311
-
-
withholding
35 826
42 024
-
-
total
37 796
44 335
-
-
Income
248 500
248 500
248 500
248 500
Total tax
112 800
123 297
97 037
129 226
After tax
135 700
125 203
151 463
119 274
Living cost
28 745
28 745
28 745
28 745
Free-cash
106 955
96 458
122 718
90 529

Estimated living cost  is ₽28745 per week

₽18082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90787
₽104799
₽89452
₽103962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
social contributions
-
-
-
2 671
pensions
-
-
-
29 820
national
-
-
-
48 546
municipal
-
-
-
27 746
total
-
-
-
108 783
Employee
77 919
-
214 826
-
municipal
9 624
-
28 708
-
national
14 914
-
50 652
-
pensions
3 117
-
8 593
-
total
27 655
-
87 953
-
Employer
77 919
-
214 826
-
pensions
6 234
-
17 186
-
social contributions
838
-
2 309
-
total
7 072
-
19 495
-
Corporate
158 367
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%.

31 673
49 700
-
-
total
31 673
49 700
-
-
Dividends
126 693
198 800
-
-
withholding
27 873
43 736
-
-
total
27 873
43 736
-
-
Income
248 500
248 500
248 500
248 500
Total tax
94 273
93 436
107 448
108 783
After tax
154 227
155 064
141 052
139 717
Living cost
50 265
50 265
50 265
50 265
Free-cash
103 962
104 799
90 787
89 452

Estimated living cost  is ₽50265 per week

₽34164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90137
₽179057
₽72999
₽171271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 361
income
-
-
-
56 029
surtax
-
-
-
63 367
microenterprise
-
-
-
-
total
-
-
-
155 757
Employee
27 731
-
199 327
-
surtax
-
-
28 902
-
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.

3 051
-
12 441
-
income
4 936
-
48 102
-
total
7 987
-
89 445
-
Employer
27 731
-
199 327
-
surtax
-
-
21 927
-
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.

6 680
-
27 247
-
total
6 680
-
49 174
-
Corporate
214 089
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%.

42 818
49 699
-
-
total
42 818
49 699
-
-
Dividends

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

171 271
198 801
-
-
total
-
-
-
-
Income
248 500
248 500
248 500
248 500
Total tax
57 485
49 699
138 619
155 757
After tax
191 015
198 801
109 881
92 743
Living cost
19 744
19 744
19 744
19 744
Free-cash
171 271
179 057
90 137
72 999

Estimated living cost  is ₽19744 per week

₽12596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119110
₽84490
₽91777
₽78674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 703
income
-
-
-
94 145
pensions
-
-
-
11 119
total
-
-
-
116 967
Employee
81 043
81 043
230 863
-
income

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

13 265
13 265
49 176
-
pensions
14 588
11 119
11 119
-
health
12 439
10 581
11 703
-
total
40 292
34 965
71 998
-
Employer
81 043
81 043
230 863
-
unemployment
2 918
2 918
3 625
-
health
5 633
5 633
7 000
-
pensions
5 641
5 641
7 011
-
total
14 192
14 192
17 636
-
Corporate
154 259
153 265
-
-
income
30 852
30 652
-
-
total
30 852
30 652
-
-
Dividends
123 407
122 613
-
-
income
26 224
26 054
-
-
withholding
18 510
18 391
-
-
total
44 734
44 445
-
-
Income
248 500
248 500
248 500
248 500
Total tax
130 070
124 254
89 634
116 967
After tax
118 430
124 246
158 866
131 533
Living cost
39 756
39 756
39 756
39 756
Free-cash
78 674
84 490
119 110
91 777

Estimated living cost  is ₽39756 per week

₽28174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82565
₽96172
₽83524
₽95284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
other
-
-
-
10 062
health
-
-
-
5 403
accident
-
-
-
173
pensions
-
-
-
9 360
national
-
-
-
33 760
unemployment
-
-
-
87
municipal
-
-
-
66 622
total
-
-
-
125 467
Employee
56 296
-
221 294
-
municipal
16 788
-
65 990
-
national
-
-
33 230
-
total
16 788
-
99 220
-
Employer
56 296
-
221 294
-
other
6 542
-
10 062
-
unemployment
1 486
-
2 286
-
health
3 462
-
5 325
-
accident
113
-
173
-
pensions
6 086
-
9 360
-
total
17 689
-
27 206
-
Corporate
174 516
248 500
-
-
income
38 393
54 670
-
-
total
38 393
54 670
-
-
Dividends
136 122
193 830
-
-
withholding
40 837
58 149
-
-
total
40 837
58 149
-
-
Income
248 500
248 500
248 500
248 500
Total tax
113 707
112 819
126 426
125 467
After tax
134 793
135 681
122 074
123 033
Living cost
39 509
39 509
39 509
39 509
Free-cash
95 284
96 172
82 565
83 524

Estimated living cost  is ₽39509 per week

₽26185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114181
₽86643
₽80561
₽99975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 483
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.

-
-
-
85 834
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.

-
-
-
4 720
trade
-
-
-
33 620
total
-
-
-
130 657
Employee

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

48 127
-
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.

227
-
4 720
-
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.

4 135
-
85 834
-
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.

6 483
-
6 483
-
total
10 845
-
97 037
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
200 373
248 500
-
-
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.

1 653
2 049
-
-
trade
32 961
40 878
-
-
income
30 056
37 274
-
-
total
65 099
80 698
-
-
Dividends
135 274
167 801
-
-
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.

1 841
2 287
-
-
withholding
33 458
41 590
-
-
total
35 299
43 877
-
-
Income
248 500
248 500
248 500
248 500
Total tax
111 243
124 575
97 037
130 657
After tax
137 257
123 925
151 463
117 843
Living cost
37 282
37 282
37 282
37 282
Free-cash
99 975
86 643
114 181
80 561

Estimated living cost  is ₽37282 per week

₽24934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133029
₽150234
₽134994
₽146301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 355
health
-
-
-
6 338
income
-
-
-
61 031
total
-
-
-
82 724
Employee
72 976
72 976
235 965
-
social contributions
3 546
6 057
8 169
-
income
7 663
6 755
59 974
-
health
726
1 241
4 011
-
total
11 935
14 053
72 154
-
Employer
72 976
72 976
235 965
-
health
791
1 351
4 366
-
social contributions
3 546
6 057
8 169
-
total
4 337
7 408
12 535
-
Corporate
201 447
168 117
-
-
income
25 181
21 015
-
-
total
25 181
21 015
-
-
Dividends
176 266
147 102
-
-
withholding
29 964
25 008
-
-
total
29 964
25 008
-
-
Income
248 500
248 500
248 500
248 500
Total tax
71 417
67 484
84 689
82 724
After tax
177 083
181 016
163 811
165 776
Living cost
30 782
30 782
30 782
30 782
Free-cash
146 301
150 234
133 029
134 994

Estimated living cost  is ₽30782 per week

₽21042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126513
₽121884
₽154604
₽122249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 395
income
-
-
-
30 379
pensions
-
-
-
24 850
unemployment
-
-
-
3 727
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.

25 327
10 080
207 950
-
income
3 096
1 232
25 422
-
pensions
2 533
1 008
20 795
-
health
1 773
706
14 556
-
unemployment
380
151
3 119
-
total
7 782
3 097
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.

25 327
10 080
207 950
-
pensions
4 939
1 966
40 550
-
total
4 939
1 966
40 550
-
Corporate
218 235
236 455
-
-
income
19 641
21 281
-
-
total
19 641
21 281
-
-
Dividends
198 593
215 174
-
-
social contributions
38 611
41 844
-
-
withholding
37 733
40 883
-
-
total
76 344
82 727
-
-
Income
248 500
248 500
248 500
248 500
Total tax
108 706
109 071
104 442
76 351
After tax
139 794
139 429
144 058
172 149
Living cost
17 545
17 545
17 545
17 545
Free-cash
122 249
121 884
126 513
154 604

Estimated living cost  is ₽17545 per week

₽11973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120307
₽175878
₽110272
₽169983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 306
income
-
-
-
33 300
pensions
-
-
-
49 699
total
-
-
-
115 305
Employee
26 922
-
185 726
-
income
3 031
-
35 808
-
pensions
538
-
3 715
-
unemployment
430
-
2 972
-
total
3 999
-
42 495
-
Employer
26 922
-
185 726
-
unemployment
216
-
1 486
-
health
3 499
-
24 144
-
pensions
5 385
-
37 145
-
total
9 100
-
62 775
-
Corporate
212 477
248 500
-
-
income
42 495
49 699
-
-
total
42 495
49 699
-
-
Dividends
169 982
198 801
-
-
total
-
-
-
-
Income
248 500
248 500
248 500
248 500
Total tax
55 594
49 699
105 270
115 305
After tax
192 906
198 801
143 230
133 195
Living cost
22 923
22 923
22 923
22 923
Free-cash
169 983
175 878
120 307
110 272

Estimated living cost  is ₽22923 per week

₽15722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116769
-₽898
₽148561
₽16903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
other
-
-
-
354
health
-
-
-
2 084
accident
-
-
-
241
income
-
-
-
72 256
pensions
-
-
-
3 977
total
-
-
-
78 912
Employee
33 077
-
228 554
-
income
4 538
-
57 296
-
pensions
3 725
-
7 292
-
health
3 787
-
26 169
-
total
12 050
-
90 757
-
Employer
33 077
-
228 554
-
unemployment
810
-
5 600
-
accident
552
-
3 817
-
pensions
5 379
-
10 530
-
total
6 741
-
19 947
-
Corporate
208 682
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.

187 814
223 650
-
-
total
187 814
223 650
-
-
Dividends
20 868
24 850
-
-
withholding
3 965
4 721
-
-
total
3 965
4 721
-
-
Income
248 500
248 500
248 500
248 500
Total tax
210 570
228 371
110 704
78 912
After tax
37 930
20 129
137 796
169 588
Living cost
21 027
21 027
21 027
21 027
Free-cash
16 903
-898
116 769
148 561

Estimated living cost  is ₽21027 per week

₽15411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽190936
₽228211
₽238151
₽226736
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 830
-
248 500
-
income
1 966
-
49 700
-
total
1 966
-
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%.

238 670
248 500
-
-
total
-
-
-
-
Dividends
238 670
248 500
-
-
withholding
11 934
12 425
-
-
total
11 934
12 425
-
-
Income
248 500
248 500
248 500
248 500
Total tax
13 900
12 425
49 700
2 485
After tax
234 600
236 075
198 800
246 015
Living cost
7 864
7 864
7 864
7 864
Free-cash
226 736
228 211
190 936
238 151

Estimated living cost  is ₽7864 per week

₽4874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127248
₽157286
₽129222
₽150873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
other
-
-
-
6 854
health
-
-
-
6 350
income
-
-
-
46 150
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.

-
-
-
34 636
total
-
-
-
93 990
Employee
34 458
-
211 595
-
income
5 932
-
45 492
-
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.

2 411
-
10 102
-
health
483
-
2 021
-
unemployment
344
-
1 443
-
total
9 170
-
59 058
-
Employer
34 458
-
211 595
-
other
1 724
-
7 215
-
unemployment
344
-
1 443
-
health
483
-
2 021
-
accident
276
-
1 693
-
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.

5 859
-
24 534
-
total
8 686
-
36 906
-
Corporate
205 358
248 500
-
-
income
43 126
52 185
-
-
total
43 126
52 185
-
-
Dividends
162 232
196 315
-
-
withholding
11 357
13 741
-
-
total
11 357
13 741
-
-
Income
248 500
248 500
248 500
248 500
Total tax
72 339
65 926
95 964
93 990
After tax
176 161
182 574
152 536
154 510
Living cost
25 288
25 288
25 288
25 288
Free-cash
150 873
157 286
127 248
129 222

Estimated living cost  is ₽25288 per week

₽17867
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73369
₽90602
₽95407
₽98215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
79 728
pensions
-
-
-
10 145
total
-
-
-
89 873
Employee
89 447
-
216 321
-
income
16 124
-
65 036
-
health
1 474
-
2 817
-
pensions
8 629
-
11 879
-
total
26 227
-
79 732
-
Employer
89 447
-
216 321
-
health
1 699
-
4 110
-
pensions
10 561
-
28 069
-
total
12 260
-
32 179
-
Corporate
146 793
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.

27 890
47 216
-
-
total
27 890
47 216
-
-
Dividends
118 903
201 284
-
-
withholding
20 688
47 462
-
-
total
20 688
47 462
-
-
Income
248 500
248 500
248 500
248 500
Total tax
87 065
94 678
111 911
89 873
After tax
161 435
153 822
136 589
158 627
Living cost
63 220
63 220
63 220
63 220
Free-cash
98 215
90 602
73 369
95 407

Estimated living cost  is ₽63220 per week

₽47372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽200792
₽200153
₽190152
₽195790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 773
income
-
-
-
37 275
pensions

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

-
-
-
4 855
unemployment
-
-
-
131
total
-
-
-
46 034
Employee
16 306
-
242 063
-
income
1 630
-
24 206
-
accident

We are using the highest rate at 1.1%.

180
-
361
-
pensions

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

1 432
-
2 881
-
health
750
-
1 509
-
total
3 992
-
28 957
-
Employer
16 306
-
242 063
-
unemployment
98
-
197
-
health
1 125
-
2 264
-
accident

We are using the highest rate at 1.1%.

180
-
361
-
pensions

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

1 797
-
3 615
-
total
3 200
-
6 437
-
Corporate
228 995
248 500
-
-
income
22 899
24 850
-
-
total
22 899
24 850
-
-
Dividends
206 096
223 650
-
-
withholding
10 305
11 183
-
-
total
10 305
11 183
-
-
Income
248 500
248 500
248 500
248 500
Total tax
40 396
36 033
35 394
46 034
After tax
208 104
212 467
213 106
202 466
Living cost
12 314
12 314
12 314
12 314
Free-cash
195 790
200 153
200 792
190 152

Estimated living cost  is ₽12314 per week

₽7189
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.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106241
₽71621
₽78908
₽74007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 703
income
-
-
-
94 145
pensions
-
-
-
11 119
total
-
-
-
116 967
Employee
87 987
81 043
230 863
-
income

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

13 265
13 265
49 176
-
pensions
11 119
11 119
11 119
-
health
10 977
10 581
11 703
-
total
35 361
34 965
71 998
-
Employer
87 987
81 043
230 863
-
unemployment
3 168
2 918
3 625
-
health
6 114
5 633
7 000
-
pensions
6 123
5 641
7 011
-
total
15 405
14 192
17 636
-
Corporate
145 108
153 265
-
-
income
29 021
30 652
-
-
total
29 021
30 652
-
-
Dividends
116 087
122 613
-
-
income
24 668
26 054
-
-
withholding
17 413
18 391
-
-
total
42 081
44 445
-
-
Income
248 500
248 500
248 500
248 500
Total tax
121 868
124 254
89 634
116 967
After tax
126 632
124 246
158 866
131 533
Living cost
52 625
52 625
52 625
52 625
Free-cash
74 007
71 621
106 241
78 908

Estimated living cost  is ₽52625 per week

₽38820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114729
₽147649
₽125995
₽139285
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 733
health
-
-
-
33 547
income
-
-
-
27 183
solidarity contribution
-
-
-
4 599
total
-
-
-
99 062
Employee
34 475
-
201 485
-
social contributions
2 241
-
7 509
-
solidarity contribution
-
-
3 588
-
income
4 137
-
25 016
-
health
4 654
-
27 200
-
total
11 032
-
63 313
-
Employer
34 475
-
201 485
-
health
3 103
-
18 134
-
social contributions
8 619
-
28 881
-
total
11 722
-
47 015
-
Corporate
202 304
248 500
-
-
income
38 438
47 215
-
-
total
38 438
47 215
-
-
Dividends
163 866
201 285
-
-
withholding
24 580
30 193
-
-
total
24 580
30 193
-
-
Income
248 500
248 500
248 500
248 500
Total tax
85 772
77 408
110 328
99 062
After tax
162 728
171 092
138 172
149 438
Living cost
23 443
23 443
23 443
23 443
Free-cash
139 285
147 649
114 729
125 995

Estimated living cost  is ₽23443 per week

₽16284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73865
₽92538
₽81909
₽87582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 499
national
-
-
-
74 129
regional
-
-
-
3 309
municipal
-
-
-
1 608
total
-
-
-
126 545
Employee
84 344
-
248 500
-
social contributions
28 441
-
62 272
-
municipal
447
-
1 489
-
national
14 615
-
67 777
-
regional
796
-
3 051
-
total
44 299
-
134 589
-
Employer
84 344
-
248 500
-
total
-
-
-
-
Corporate
164 156
248 500
-
-
nationa
39 398
59 641
-
-
municipal
6 402
9 691
-
-
total
45 800
69 332
-
-
Dividends
118 356
179 168
-
-
withholding
30 773
46 584
-
-
total
30 773
46 584
-
-
Income
248 500
248 500
248 500
248 500
Total tax
120 872
115 916
134 589
126 545
After tax
127 628
132 584
113 911
121 955
Living cost
40 046
40 046
40 046
40 046
Free-cash
87 582
92 538
73 865
81 909

Estimated living cost  is ₽40046 per week

₽27915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89774
₽135366
₽95579
₽132409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
other
-
-
-
-
health
-
-
-
8 992
income
-
-
-
82 954
pensions
-
-
-
25 332
surtax
-
-
-
14 485
unemployment
-
-
-
216
total
-
-
-
131 979
Employee
31 384
-
221 839
-
surtax
103
-
13 351
-
income
5 261
-
77 279
-
other
-
-
-
-
pensions
2 093
-
8 448
-
health
801
-
3 229
-
unemployment
2 185
-
8 816
-
total
10 443
-
111 123
-
Employer
31 384
-
221 839
-
other
-
-
-
-
unemployment
994
-
4 014
-
health
1 428
-
5 763
-
pensions
4 184
-
16 884
-
total
6 606
-
26 661
-
Corporate
210 510
248 500
-
-
income
54 733
64 609
-
-
total
54 733
64 609
-
-
Dividends
155 777
183 891
-
-
withholding
23 367
27 583
-
-
total
23 367
27 583
-
-
Income
248 500
248 500
248 500
248 500
Total tax
95 149
92 192
137 784
131 979
After tax
153 351
156 308
110 716
116 521
Living cost
20 942
20 942
20 942
20 942
Free-cash
132 409
135 366
89 774
95 579

Estimated living cost  is ₽20942 per week

₽12805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93399
₽110632
₽115437
₽116878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
79 728
pensions
-
-
-
10 145
total
-
-
-
89 873
Employee
59 945
-
216 321
-
income
10 796
-
65 036
-
health
870
-
2 817
-
pensions
5 088
-
11 879
-
total
16 754
-
79 732
-
Employer
59 945
-
216 321
-
health
1 139
-
4 110
-
pensions
6 489
-
28 069
-
total
7 628
-
32 179
-
Corporate
180 927
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.

34 377
47 216
-
-
total
34 377
47 216
-
-
Dividends
146 550
201 284
-
-
withholding
29 673
47 462
-
-
total
29 673
47 462
-
-
Income
248 500
248 500
248 500
248 500
Total tax
88 432
94 678
111 911
89 873
After tax
160 068
153 822
136 589
158 627
Living cost
43 190
43 190
43 190
43 190
Free-cash
116 878
110 632
93 399
115 437

Estimated living cost  is ₽43190 per week

₽32358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3237
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.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽111112
₽37054
₽118735
₽69819
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
other

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

-
-
-
4 970
health
-
-
-
559
pensions
-
-
-
22 862
city
-
-
-
2 620
national
-
-
-
7 560
regional
-
-
-
14 617
total
-
-
-
53 188
Employee
89 615
-
224 234
-
national
424
-
6 181
-
city
962
-
2 433
-
pensions
7 529
-
16 810
-
health
203
-
505
-
regional
2 934
-
13 083
-
unemployment
-
-
-
-
total
12 052
-
39 012
-
Employer
89 615
-
224 234
-
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.

1 792
-
4 484
-
unemployment
-
-
-
-
health
203
-
505
-
pensions
7 529
-
16 810
-
total
9 524
-
21 799
-
Corporate
148 376
248 500
-
-
regional
31 382
52 559
-
-
national
12 611
21 123
-
-
total
43 993
73 682
-
-
Dividends
104 383
174 818
-
-
withholding
36 535
61 187
-
-
total
36 535
61 187
-
-
Income
248 500
248 500
248 500
248 500
Total tax
102 104
134 869
60 811
53 188
After tax
146 396
113 631
187 689
195 312
Living cost
76 577
76 577
76 577
76 577
Free-cash
69 819
37 054
111 112
118 735

Estimated living cost  is ₽76577 per week

₽49797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽107988
₽79171
₽72938
₽94558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 483
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.

-
-
-
85 834
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.

-
-
-
4 720
trade
-
-
-
35 050
total
-
-
-
132 087
Employee

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

57 035
-
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.

369
-
4 720
-
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.

6 707
-
85 834
-
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.

6 483
-
6 483
-
total
13 559
-
97 037
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
191 465
248 500
-
-
chamber of commerce
414
493
-
-
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.

1 579
2 049
-
-
trade
32 837
42 618
-
-
income
28 720
37 274
-
-
total
63 550
82 434
-
-
Dividends
127 915
166 065
-
-
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.

1 740
2 264
-
-
withholding
31 618
41 156
-
-
total
33 358
43 420
-
-
Income
248 500
248 500
248 500
248 500
Total tax
110 467
125 854
97 037
132 087
After tax
138 033
122 646
151 463
116 413
Living cost
43 475
43 475
43 475
43 475
Free-cash
94 558
79 171
107 988
72 938

Estimated living cost  is ₽43475 per week

₽31753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90975
₽92775
₽100480
₽98380
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
other
-
-
-
7 703
social contributions
-
-
-
7 081
health
-
-
-
13 046
income
-
-
-
51 161
pensions
-
-
-
36 560
surtax
-
-
-
-
total
-
-
-
115 551
Employee
40 617
-
188 017
-
surtax
-
-
-
-
social contributions
1 158
-
5 358
-
income
2 397
-
44 352
-
pensions
4 592
-
14 862
-
total
8 147
-
64 572
-
Employer
40 617
-
188 017
-
other
1 401
-
8 096
-
unemployment
1 644
-
7 614
-
health
2 844
-
19 511
-
pensions
6 673
-
24 699
-
social contributions
122
-
564
-
total
12 684
-
60 484
-
Corporate
195 199
248 500
-
-
surtax
-
-
-
-
income
54 656
69 580
-
-
total
54 656
69 580
-
-
Dividends
140 543
178 920
-
-
social contributions
24 174
30 775
-
-
surtax
-
-
-
-
withholding
17 990
22 901
-
-
total
42 164
53 676
-
-
Income
248 500
248 500
248 500
248 500
Total tax
117 651
123 256
125 056
115 551
After tax
130 849
125 244
123 444
132 949
Living cost
32 469
32 469
32 469
32 469
Free-cash
98 380
92 775
90 975
100 480

Estimated living cost  is ₽32469 per week

₽20473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94192
₽95992
₽103697
₽101263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
other
-
-
-
7 703
social contributions
-
-
-
7 081
health
-
-
-
13 046
income
-
-
-
51 161
pensions
-
-
-
36 560
surtax
-
-
-
-
total
-
-
-
115 551
Employee
36 256
-
188 017
-
surtax
-
-
-
-
social contributions
1 034
-
5 358
-
income
1 869
-
44 352
-
pensions
4 101
-
14 862
-
total
7 004
-
64 572
-
Employer
36 256
-
188 017
-
other
1 252
-
8 096
-
unemployment
1 468
-
7 614
-
health
2 538
-
19 511
-
pensions
5 958
-
24 699
-
social contributions
108
-
564
-
total
11 324
-
60 484
-
Corporate
200 921
248 500
-
-
surtax
-
-
-
-
income
56 258
69 580
-
-
total
56 258
69 580
-
-
Dividends
144 663
178 920
-
-
social contributions
24 882
30 775
-
-
surtax
-
-
-
-
withholding
18 517
22 901
-
-
total
43 399
53 676
-
-
Income
248 500
248 500
248 500
248 500
Total tax
117 985
123 256
125 056
115 551
After tax
130 515
125 244
123 444
132 949
Living cost
29 252
29 252
29 252
29 252
Free-cash
101 263
95 992
94 192
103 697

Estimated living cost  is ₽29252 per week

₽16965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71483
₽131484
₽139463
₽131975
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 294
health
-
-
-
17 345
income
-
-
-
37 274
total
-
-
-
88 913
Employee
32 178
-
248 500
-
social contributions
4 441
-
34 294
-
income
5 367
-
105 254
-
health
2 246
-
17 345
-
total
12 054
-
156 893
-
Employer
32 178
-
248 500
-
total
-
-
-
-
Corporate
216 322
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%.

10 817
12 425
-
-
total
10 817
12 425
-
-
Dividends
205 506
236 075
-
-
social contributions
28 360
32 578
-
-
withholding
30 825
35 410
-
-
health
14 345
16 479
-
-
total
73 530
84 467
-
-
Income
248 500
248 500
248 500
248 500
Total tax
96 401
96 892
156 893
88 913
After tax
152 099
151 608
91 607
159 587
Living cost
20 124
20 124
20 124
20 124
Free-cash
131 975
131 484
71 483
139 463

Estimated living cost  is ₽20124 per week

₽13468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30802
₽103277
₽93293
₽101810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 481
income
-
-
-
85 773
chamber of commerce
-
-
-
994
pensions
-
-
-
20 511
surtax
-
-
-
187
unemployment
-
-
-
5 821
total
-
-
-
121 767
Employee
47 428
37 820
209 225
-
income
5 399
2 790
73 501
-
other
474
378
1 109
-
pensions
4 857
3 872
11 353
-
health
1 835
1 464
4 290
-
unemployment
1 423
1 135
3 326
-
total
13 988
9 639
93 579
-
Employer
47 428
37 820
209 225
-
other
2 253
1 796
9 102
-
unemployment
1 423
1 135
3 326
-
health
1 792
1 430
4 191
-
surtax
187
187
187
-
accident
616
492
1 441
-
pensions
5 952
4 747
13 914
-
payroll
1 423
1 135
6 276
-
chamber of commerce
189
151
837
-
total
13 835
11 073
39 274
-
Corporate
187 237
199 608
205 623
-
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.

46 809
49 901
51 405
-
total
46 809
49 901
51 405
-
Dividends
140 428
149 707
-
-
withholding
38 618
41 170
-
-
total
38 618
41 170
-
-
Income
248 500
248 500
248 500
248 500
Total tax
113 250
111 783
184 258
121 767
After tax
135 250
136 717
64 242
126 733
Living cost
33 440
33 440
33 440
33 440
Free-cash
101 810
103 277
30 802
93 293

Estimated living cost  is ₽33440 per week

₽22303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48347
₽99811
₽73656
₽89974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 661
communal

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

-
-
-
13 491
national
-
-
-
103 089
total
-
-
-
140 241
Employee

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

67 885
-
192 470
-
national
20 870
-
74 326
-
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.

5 091
-
14 435
-
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.

3 189
-
9 046
-
communal

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

3 541
-
10 039
-
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.

591
-
1 675
-
total
33 282
-
109 521
-
Employer

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

67 885
-
192 470
-
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.

991
-
2 809
-
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.

4 175
-
11 836
-
surtax
7 697
-
21 828
-
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.

882
-
2 503
-
pensions

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

6 015
-
17 053
-
total
19 760
-
56 029
-
Corporate
160 855
248 500
-
-
surtax
643
1 117
-
-
income
32 171
55 857
-
-
total
32 814
56 974
-
-
Dividends
128 042
191 527
-
-
withholding

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

38 067
57 112
-
-
total
38 067
57 112
-
-
Income
248 500
248 500
248 500
248 500
Total tax
123 923
114 086
165 550
140 241
After tax
124 577
134 414
82 950
108 259
Living cost
34 603
34 603
34 603
34 603
Free-cash
89 974
99 811
48 347
73 656

Estimated living cost  is ₽34603 per week

₽22289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100292
₽130387
₽104274
₽123884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
other
-
-
-
88
accident
-
-
-
792
income
-
-
-
83 564
pensions
-
-
-
24 893
unemployment
-
-
-
616
total
-
-
-
109 953
Employee
47 240
-
220 457
-
income
9 967
-
80 306
-
other
47
-
88
-
pensions
2 221
-
4 135
-
unemployment
733
-
1 363
-
total
12 968
-
85 892
-
Employer
47 240
-
220 457
-
other
376
-
704
-
unemployment
2 599
-
4 837
-
accident
935
-
1 742
-
pensions
11 148
-
20 760
-
total
15 058
-
28 043
-
Corporate
186 202
248 500
-
-
income

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

27 931
37 274
-
-
total
27 931
37 274
-
-
Dividends
158 271
211 226
-
-
withholding
34 386
46 566
-
-
total
34 386
46 566
-
-
Income
248 500
248 500
248 500
248 500
Total tax
90 343
83 840
113 935
109 953
After tax
158 157
164 660
134 565
138 547
Living cost
34 273
34 273
34 273
34 273
Free-cash
123 884
130 387
100 292
104 274

Estimated living cost  is ₽34273 per week

₽25239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2431
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71945
₽86087
₽65155
₽73032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 757
accident
-
-
-
1 891
income
-
-
-
52 094
pensions
-
-
-
33 617
communal
-
-
-
15 704
surtax
-
-
-
12 708
total
-
-
-
131 771
Employee
71 869
-
221 975
-
surtax
4 405
-
13 604
-
income
6 942
-
57 218
-
pensions
5 749
-
17 757
-
health
3 199
-
9 878
-
total
20 295
-
98 457
-
Employer
71 869
-
221 975
-
health
2 192
-
6 770
-
accident
647
-
1 997
-
pensions
5 749
-
17 757
-
total
8 588
-
26 524
-
Corporate
168 044
248 500
-
-
surtax
1 765
2 610
-
-
income
25 206
37 274
-
-
communal
11 342
16 774
-
-
total
38 313
56 658
-
-
Dividends
129 730
191 842
-
-
income
37 239
25 405
-
-
withholding
19 459
28 776
-
-
total
56 698
54 181
-
-
Income
248 500
248 500
248 500
248 500
Total tax
123 894
110 839
124 981
131 771
After tax
124 606
137 661
123 519
116 729
Living cost
51 574
51 574
51 574
51 574
Free-cash
73 032
86 087
71 945
65 155

Estimated living cost  is ₽51574 per week

₽38688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89400
₽134992
₽95205
₽131974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
other
-
-
-
-
health
-
-
-
8 992
income
-
-
-
82 954
pensions
-
-
-
25 332
surtax
-
-
-
14 485
unemployment
-
-
-
216
total
-
-
-
131 979
Employee
31 960
-
221 839
-
surtax
113
-
13 351
-
income
5 358
-
77 279
-
other
-
-
-
-
pensions
2 132
-
8 448
-
health
816
-
3 229
-
unemployment
2 224
-
8 816
-
total
10 643
-
111 123
-
Employer
31 960
-
221 839
-
other
-
-
-
-
unemployment
1 014
-
4 014
-
health
1 453
-
5 763
-
pensions
4 261
-
16 884
-
total
6 728
-
26 661
-
Corporate
209 812
248 500
-
-
income
54 551
64 609
-
-
total
54 551
64 609
-
-
Dividends
155 261
183 891
-
-
withholding
23 288
27 583
-
-
total
23 288
27 583
-
-
Income
248 500
248 500
248 500
248 500
Total tax
95 210
92 192
137 784
131 979
After tax
153 290
156 308
110 716
116 521
Living cost
21 316
21 316
21 316
21 316
Free-cash
131 974
134 992
89 400
95 205

Estimated living cost  is ₽21316 per week

₽12870
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87616
₽105051
₽95619
₽102946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 499
national
-
-
-
74 129
regional
-
-
-
4 080
municipal
-
-
-
1 608
total
-
-
-
127 316
Employee
52 644
-
248 500
-
social contributions
17 752
-
62 272
-
municipal
279
-
1 489
-
national
8 340
-
67 777
-
regional
709
-
3 781
-
total
27 080
-
135 319
-
Employer
52 644
-
248 500
-
total
-
-
-
-
Corporate
195 856
248 500
-
-
nationa
47 005
59 641
-
-
municipal
9 734
12 351
-
-
total
56 739
71 992
-
-
Dividends
139 117
176 508
-
-
withholding
36 170
45 892
-
-
total
36 170
45 892
-
-
Income
248 500
248 500
248 500
248 500
Total tax
119 989
117 884
135 319
127 316
After tax
128 511
130 616
113 181
121 184
Living cost
25 565
25 565
25 565
25 565
Free-cash
102 946
105 051
87 616
95 619

Estimated living cost  is ₽25565 per week

₽15899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109284
₽142204
₽120550
₽131900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 733
health
-
-
-
33 547
income
-
-
-
27 183
solidarity contribution
-
-
-
4 599
total
-
-
-
99 062
Employee
42 482
-
201 485
-
social contributions
2 761
-
7 509
-
solidarity contribution
-
-
3 588
-
income
5 098
-
25 016
-
health
5 735
-
27 200
-
total
13 594
-
63 313
-
Employer
42 482
-
201 485
-
health
3 823
-
18 134
-
social contributions
10 620
-
28 881
-
total
14 443
-
47 015
-
Corporate
191 574
248 500
-
-
income
36 399
47 215
-
-
total
36 399
47 215
-
-
Dividends
155 175
201 285
-
-
withholding
23 276
30 193
-
-
total
23 276
30 193
-
-
Income
248 500
248 500
248 500
248 500
Total tax
87 712
77 408
110 328
99 062
After tax
160 788
171 092
138 172
149 438
Living cost
28 888
28 888
28 888
28 888
Free-cash
131 900
142 204
109 284
120 550

Estimated living cost  is ₽28888 per week

₽21483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34006
₽106542
₽96643
₽106073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 481
income
-
-
-
85 773
chamber of commerce
-
-
-
994
pensions
-
-
-
20 511
surtax
-
-
-
-
unemployment
-
-
-
5 821
total
-
-
-
121 580
Employee
41 485
37 820
209 399
-
income
3 696
2 790
73 589
-
other
414
378
1 109
-
pensions
4 248
3 872
11 353
-
health
1 605
1 464
4 290
-
unemployment
1 244
1 135
3 326
-
total
11 207
9 639
93 667
-
Employer
41 485
37 820
209 399
-
other
1 970
1 796
9 109
-
unemployment
1 244
1 135
3 326
-
health
1 569
1 430
4 191
-
surtax
-
-
-
-
accident
538
492
1 441
-
pensions
5 207
4 747
13 914
-
payroll
1 244
1 135
6 282
-
chamber of commerce
166
151
837
-
total
11 938
10 886
39 100
-
Corporate
195 077
199 795
205 797
-
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.

48 770
49 948
51 450
-
total
48 770
49 948
51 450
-
Dividends
146 307
149 847
-
-
withholding
40 235
41 208
-
-
total
40 235
41 208
-
-
Income
248 500
248 500
248 500
248 500
Total tax
112 150
111 681
184 217
121 580
After tax
136 350
136 819
64 283
126 920
Living cost
30 277
30 277
30 277
30 277
Free-cash
106 073
106 542
34 006
96 643

Estimated living cost  is ₽30277 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽186545
₽223820
₽233760
₽221522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
248 500
microenterprise

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

-
-
-
2 485
total
-
-
-
2 485
Employee
15 319
-
248 500
-
income
3 064
-
49 700
-
total
3 064
-
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%.

233 181
248 500
-
-
total
-
-
-
-
Dividends
233 181
248 500
-
-
withholding
11 659
12 425
-
-
total
11 659
12 425
-
-
Income
248 500
248 500
248 500
248 500
Total tax
14 723
12 425
49 700
2 485
After tax
233 777
236 075
198 800
246 015
Living cost
12 255
12 255
12 255
12 255
Free-cash
221 522
223 820
186 545
233 760

Estimated living cost  is ₽12255 per week

₽8293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80827
₽145636
₽86221
₽137700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
24 452
income
-
-
-
66 617
pensions
-
-
-
45 382
unemployment
-
-
-
373
total
-
-
-
136 824
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.

41 966
-
215 022
-
income
7 237
-
61 221
-
pensions
6 505
-
33 329
-
health
2 710
-
13 889
-
unemployment
59
-
301
-
total
16 511
-
108 740
-
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.

41 966
-
215 022
-
unemployment
25
-
130
-
health
2 795
-
14 319
-
pensions
3 714
-
19 029
-
total
6 534
-
33 478
-
Corporate
200 000
248 500
-
-
income
38 000
47 216
-
-
total
38 000
47 216
-
-
Dividends
162 000
201 284
-
-
withholding
24 300
30 193
-
-
total
24 300
30 193
-
-
Income
248 500
248 500
248 500
248 500
Total tax
85 345
77 409
142 218
136 824
After tax
163 155
171 091
106 282
111 676
Living cost
25 455
25 455
25 455
25 455
Free-cash
137 700
145 636
80 827
86 221

Estimated living cost  is ₽25455 per week

₽17469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽192579
₽108332
₽128878
₽61089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
61 448
-
-
-
social contributions
5 039
-
718
-
income
13 554
-
-
-
total
18 593
-
718
-
Employer
61 448
-
-
-
social contributions
86 641
-
12 348
-
total
86 641
-
12 348
-
Corporate
100 411
248 500
-
-
income
22 091
54 670
-
-
total
22 091
54 670
-
-
Dividends
78 321
193 830
-
-
income
17 231
42 643
-
-
total
17 231
42 643
-
-
Income
248 500
248 500
248 500
248 500
Total tax
144 556
97 313
13 066
76 767
After tax
103 944
151 187
235 434
171 733
Living cost
42 855
42 855
42 855
42 855
Free-cash
61 089
108 332
192 579
128 878

Estimated living cost  is ₽42855 per week

₽27806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77385
₽111578
₽98096
₽110624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
86 354
income
-
-
-
34 282
surtax
-
-
-
-
total
-
-
-
120 636
Employee
43 648
-
200 809
-
surtax
-
-
866
-
social contributions
4 801
-
22 089
-
income
9 079
-
70 701
-
total
13 880
-
93 656
-
Employer
43 648
-
200 809
-
social contributions
10 366
-
47 691
-
total
10 366
-
47 691
-
Corporate
194 486
248 500
-
-
surtax
-
-
-
-
income
40 842
52 185
-
-
total
40 842
52 185
-
-
Dividends
153 644
196 315
-
-
withholding
43 020
54 969
-
-
total
43 020
54 969
-
-
Income
248 500
248 500
248 500
248 500
Total tax
108 108
107 154
141 347
120 636
After tax
140 392
141 346
107 153
127 864
Living cost
29 768
29 768
29 768
29 768
Free-cash
110 624
111 578
77 385
98 096

Estimated living cost  is ₽29768 per week

₽22272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
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.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77607
₽79407
₽87112
₽85930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
other
-
-
-
7 703
social contributions
-
-
-
7 081
health
-
-
-
13 046
income
-
-
-
51 161
pensions
-
-
-
36 560
surtax
-
-
-
-
total
-
-
-
115 551
Employee
59 439
-
188 017
-
surtax
-
-
-
-
social contributions
1 693
-
5 358
-
income
5 186
-
44 352
-
pensions
6 723
-
14 862
-
total
13 602
-
64 572
-
Employer
59 439
-
188 017
-
other
2 051
-
8 096
-
unemployment
2 408
-
7 614
-
health
4 160
-
19 511
-
pensions
9 767
-
24 699
-
social contributions
178
-
564
-
total
18 564
-
60 484
-
Corporate
170 496
248 500
-
-
surtax
-
-
-
-
income
47 740
69 580
-
-
total
47 740
69 580
-
-
Dividends
122 756
178 920
-
-
social contributions
21 114
30 775
-
-
surtax
-
-
-
-
withholding
15 713
22 901
-
-
total
36 827
53 676
-
-
Income
248 500
248 500
248 500
248 500
Total tax
116 733
123 256
125 056
115 551
After tax
131 767
125 244
123 444
132 949
Living cost
45 837
45 837
45 837
45 837
Free-cash
85 930
79 407
77 607
87 112

Estimated living cost  is ₽45837 per week

₽31022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10437
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158288
₽195123
₽151682
₽191936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
13 621
social contributions
-
-
-
54 670
total
-
-
-
68 291
Employee
30 510
-
215 150
-
income
-
-
14 354
-
social contributions
1 983
-
13 984
-
total
1 983
-
28 338
-
Employer
30 510
-
215 150
-
social contributions
4 729
-
33 347
-
total
4 729
-
33 347
-
Corporate
213 260
248 500
-
-
income
21 325
24 850
-
-
total
21 325
24 850
-
-
Dividends
191 935
223 650
-
-
total
-
-
-
-
Income
248 500
248 500
248 500
248 500
Total tax
28 037
24 850
61 685
68 291
After tax
220 463
223 650
186 815
180 209
Living cost
28 527
28 527
28 527
28 527
Free-cash
191 936
195 123
158 288
151 682

Estimated living cost  is ₽28527 per week

₽18445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42064
₽42064
₽96215
₽20982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
labour market
-
-
-
19 814
pensions
-
-
-
821
national
-
-
-
31 832
municipal
-
-
-
54 187
total
-
-
-
106 654
Employee
192 597
192 597
192 597
-
labour market
15 386
15 386
15 386
-
municipal
41 012
41 012
41 012
-
national
23 529
23 529
23 529
-
pensions
274
274
274
-
total
80 201
80 201
80 201
-
Employer
192 597
192 597
192 597
-
national
23 570
23 570
23 570
-
labour market
15 408
15 408
15 408
-
pensions
548
548
548
-
municipal
41 078
41 078
41 078
-
total
80 604
80 604
80 604
-
Corporate
42 064
-
-
-
income
9 254
-
-
-
total
9 254
-
-
-
Dividends
32 810
-
-
-
withholding
11 828
-
-
-
total
11 828
-
-
-
Income
248 500
248 500
248 500
248 500
Total tax
181 887
160 805
160 805
106 654
After tax
66 613
87 695
87 695
141 846
Living cost
45 631
45 631
45 631
45 631
Free-cash
20 982
42 064
42 064
96 215

Estimated living cost  is ₽45631 per week

₽31230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽702
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117079
-₽588
₽148871
₽16950
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
other
-
-
-
354
health
-
-
-
2 084
accident
-
-
-
241
income
-
-
-
72 256
pensions
-
-
-
3 977
total
-
-
-
78 912
Employee
32 589
-
228 554
-
income
4 471
-
57 296
-
pensions
3 670
-
7 292
-
health
3 732
-
26 169
-
total
11 873
-
90 757
-
Employer
32 589
-
228 554
-
unemployment
799
-
5 600
-
accident
544
-
3 817
-
pensions
5 299
-
10 530
-
total
6 642
-
19 947
-
Corporate
209 269
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.

188 342
223 650
-
-
total
188 342
223 650
-
-
Dividends
20 927
24 850
-
-
withholding
3 976
4 721
-
-
total
3 976
4 721
-
-
Income
248 500
248 500
248 500
248 500
Total tax
210 833
228 371
110 704
78 912
After tax
37 667
20 129
137 796
169 588
Living cost
20 717
20 717
20 717
20 717
Free-cash
16 950
-588
117 079
148 871

Estimated living cost  is ₽20717 per week

₽15080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83562
₽113024
₽112025
₽117159
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
248 500
health
-
-
-
3 431
national
-
-
-
52 495
municipal
-
-
-
44 113
total
-
-
-
100 039
Employee
49 930
-
209 050
-
municipal
8 178
-
34 017
-
national
825
-
34 966
-
pensions
3 370
-
14 111
-
health
373
-
2 824
-
unemployment
749
-
3 135
-
total
13 495
-
89 053
-
Employer
49 930
-
209 050
-
unemployment
324
-
1 360
-
health
384
-
1 610
-
accident
50
-
209
-
pensions
8 663
-
36 270
-
total
9 421
-
39 449
-
Corporate
189 149
248 500
-
-
income
37 829
49 699
-
-
total
37 829
49 699
-
-
Dividends

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

113 490
149 101
-
-
national
13 732
22 503
-
-
municipal
20 428
26 838
-
-
total
34 160
49 341
-
-
Income
248 500
248 500
248 500
248 500
Total tax
94 905
99 040
128 502
100 039
After tax
153 595
149 460
119 998
148 461
Living cost
36 436
36 436
36 436
36 436
Free-cash
117 159
113 024
83 562
112 025

Estimated living cost  is ₽36436 per week

₽23800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141838
₽159043
₽143803
₽153879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 355
health
-
-
-
6 338
income
-
-
-
61 031
total
-
-
-
82 724
Employee
72 976
72 976
235 965
-
social contributions
2 759
6 057
8 169
-
income
7 946
6 755
59 974
-
health
566
1 241
4 011
-
total
11 271
14 053
72 154
-
Employer
72 976
72 976
235 965
-
health
614
1 351
4 366
-
social contributions
2 759
6 057
8 169
-
total
3 373
7 408
12 535
-
Corporate
211 884
168 117
-
-
income
26 485
21 015
-
-
total
26 485
21 015
-
-
Dividends
185 399
147 102
-
-
withholding
31 519
25 008
-
-
total
31 519
25 008
-
-
Income
248 500
248 500
248 500
248 500
Total tax
72 648
67 484
84 689
82 724
After tax
175 852
181 016
163 811
165 776
Living cost
21 973
21 973
21 973
21 973
Free-cash
153 879
159 043
141 838
143 803

Estimated living cost  is ₽21973 per week

₽13169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178944
₽190715
₽197978
₽185888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 434
income
-
-
-
25 956
pensions
-
-
-
6 037
unemployment
-
-
-
27
total
-
-
-
35 454
Employee

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

21 783
-
239 225
-
income
1 489
-
23 602
-
pensions
3 267
-
13 507
-
health
1 851
-
7 654
-
unemployment
108
-
450
-
total
6 715
-
45 213
-
Employer

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

21 783
-
239 225
-
unemployment
108
-
450
-
health
936
-
3 872
-
pensions
1 198
-
4 953
-
total
2 242
-
9 275
-
Corporate
224 474
248 500
-
-
income
20 203
22 364
-
-
total
20 203
22 364
-
-
Dividends
204 271
226 136
-
-
withholding
18 384
20 353
-
-
total
18 384
20 353
-
-
Income
248 500
248 500
248 500
248 500
Total tax
47 544
42 717
54 488
35 454
After tax
200 956
205 783
194 012
213 046
Living cost
15 068
15 068
15 068
15 068
Free-cash
185 888
190 715
178 944
197 978

Estimated living cost  is ₽15068 per week

₽9614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1086
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108468
₽138563
₽112450
₽134370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
other
-
-
-
88
accident
-
-
-
792
income
-
-
-
83 564
pensions
-
-
-
24 893
unemployment
-
-
-
616
total
-
-
-
109 953
Employee
35 091
-
220 457
-
income
6 765
-
80 306
-
other
34
-
88
-
pensions
1 650
-
4 135
-
unemployment
544
-
1 363
-
total
8 993
-
85 892
-
Employer
35 091
-
220 457
-
other
281
-
704
-
unemployment
1 931
-
4 837
-
accident
695
-
1 742
-
pensions
8 281
-
20 760
-
total
11 188
-
28 043
-
Corporate
202 221
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.

30 334
37 274
-
-
total
30 334
37 274
-
-
Dividends
171 888
211 226
-
-
withholding
37 518
46 566
-
-
total
37 518
46 566
-
-
Income
248 500
248 500
248 500
248 500
Total tax
88 033
83 840
113 935
109 953
After tax
160 467
164 660
134 565
138 547
Living cost
26 097
26 097
26 097
26 097
Free-cash
134 370
138 563
108 468
112 450

Estimated living cost  is ₽26097 per week

₽17615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2509
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.
₽5516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158606
₽153304
₽158731
₽153014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
931
income
-
-
-
85 794
pensions
-
-
-
1 284
total
-
-
-
88 009
Employee
2 680
-
247 056
-
income
518
-
85 727
-
pensions
241
-
578
-
health
134
-
321
-
unemployment
27
-
64
-
total
920
-
86 690
-
Employer
2 680
-
247 056
-
unemployment
54
-
128
-
health
255
-
610
-
pensions
295
-
706
-
total
604
-
1 444
-
Corporate
245 217
248 500
-
-
income
53 948
54 670
-
-
total
53 948
54 670
-
-
Dividends
191 269
193 830
-
-
withholding
38 254
38 766
-
-
total
38 254
38 766
-
-
Income
248 500
248 500
248 500
248 500
Total tax
93 726
93 436
88 134
88 009
After tax
154 774
155 064
160 366
160 491
Living cost
1 760
1 760
1 760
1 760
Free-cash
153 014
153 304
158 606
158 731

Estimated living cost  is ₽1760 per week

₽1046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147500
₽163164
₽147500
₽158505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 208
income
-
-
-
58 169
pensions
-
-
-
18 196
unemployment
-
-
-
1 050
total
-
-
-
84 623
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.

24 695
-
235 973
-
income
3 404
-
58 169
-
pensions
3 457
-
9 798
-
health
1 272
-
3 604
-
unemployment
185
-
525
-
total
8 318
-
72 096
-
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.

24 695
-
235 973
-
unemployment
185
-
525
-
health
1 272
-
3 604
-
pensions
2 963
-
8 398
-
total
4 420
-
12 527
-
Corporate
219 385
248 500
-
-
income
32 908
37 275
-
-
total
32 908
37 275
-
-
Dividends
186 477
211 225
-
-
withholding
27 972
31 684
-
-
total
27 972
31 684
-
-
Income
248 500
248 500
248 500
248 500
Total tax
73 618
68 959
84 623
84 623
After tax
174 882
179 541
163 877
163 877
Living cost
16 377
16 377
16 377
16 377
Free-cash
158 505
163 164
147 500
147 500

Estimated living cost  is ₽16377 per week

₽11026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81568
₽115761
₽102279
₽115421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
86 354
income
-
-
-
34 282
surtax
-
-
-
-
total
-
-
-
120 636
Employee
36 834
-
200 809
-
surtax
-
-
866
-
social contributions
4 052
-
22 089
-
income
7 197
-
70 701
-
total
11 249
-
93 656
-
Employer
36 834
-
200 809
-
social contributions
8 747
-
47 691
-
total
8 747
-
47 691
-
Corporate
202 919
248 500
-
-
surtax
-
-
-
-
income
42 613
52 185
-
-
total
42 613
52 185
-
-
Dividends
160 306
196 315
-
-
withholding
44 885
54 969
-
-
total
44 885
54 969
-
-
Income
248 500
248 500
248 500
248 500
Total tax
107 494
107 154
141 347
120 636
After tax
141 006
141 346
107 153
127 864
Living cost
25 585
25 585
25 585
25 585
Free-cash
115 421
115 761
81 568
102 279

Estimated living cost  is ₽25585 per week

₽18121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101212
₽131307
₽105194
₽125096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
other
-
-
-
88
accident
-
-
-
792
income
-
-
-
83 564
pensions
-
-
-
24 893
unemployment
-
-
-
616
total
-
-
-
109 953
Employee
45 834
-
220 457
-
income
9 573
-
80 306
-
other
45
-
88
-
pensions
2 154
-
4 135
-
unemployment
710
-
1 363
-
total
12 482
-
85 892
-
Employer
45 834
-
220 457
-
other
367
-
704
-
unemployment
2 521
-
4 837
-
accident
908
-
1 742
-
pensions
10 817
-
20 760
-
total
14 613
-
28 043
-
Corporate
188 053
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.

28 208
37 274
-
-
total
28 208
37 274
-
-
Dividends
159 845
211 226
-
-
withholding
34 748
46 566
-
-
total
34 748
46 566
-
-
Income
248 500
248 500
248 500
248 500
Total tax
90 051
83 840
113 935
109 953
After tax
158 449
164 660
134 565
138 547
Living cost
33 353
33 353
33 353
33 353
Free-cash
125 096
131 307
101 212
105 194

Estimated living cost  is ₽33353 per week

₽23953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽196949
₽196310
₽186309
₽190588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 773
income
-
-
-
37 275
pensions

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

-
-
-
4 855
unemployment
-
-
-
131
total
-
-
-
46 034
Employee
21 394
-
242 063
-
income
2 140
-
24 206
-
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.

1 878
-
2 881
-
health
984
-
1 509
-
total
5 237
-
28 957
-
Employer
21 394
-
242 063
-
unemployment
128
-
197
-
health
1 476
-
2 264
-
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.

2 358
-
3 615
-
total
4 197
-
6 437
-
Corporate
222 909
248 500
-
-
income
22 290
24 850
-
-
total
22 290
24 850
-
-
Dividends
200 618
223 650
-
-
withholding
10 031
11 183
-
-
total
10 031
11 183
-
-
Income
248 500
248 500
248 500
248 500
Total tax
41 755
36 033
35 394
46 034
After tax
206 745
212 467
213 106
202 466
Living cost
16 157
16 157
16 157
16 157
Free-cash
190 588
196 310
196 949
186 309

Estimated living cost  is ₽16157 per week

₽10686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
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.
₽4161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114824
₽91120
₽85495
₽103535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 483
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.

-
-
-
85 834
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.

-
-
-
4 720
trade
-
-
-
29 329
total
-
-
-
126 366
Employee

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

47 220
-
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.

214
-
4 720
-
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.

3 883
-
85 834
-
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.

6 483
-
6 483
-
total
10 580
-
97 037
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
201 280
248 500
-
-
chamber of commerce
439
508
-
-
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.

1 660
2 049
-
-
trade
28 884
35 659
-
-
income
30 191
37 274
-
-
total
61 174
75 490
-
-
Dividends
140 105
173 009
-
-
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.

1 907
2 359
-
-
withholding
34 665
42 892
-
-
total
36 572
45 251
-
-
Income
248 500
248 500
248 500
248 500
Total tax
108 326
120 741
97 037
126 366
After tax
140 174
127 759
151 463
122 134
Living cost
36 639
36 639
36 639
36 639
Free-cash
103 535
91 120
114 824
85 495

Estimated living cost  is ₽36639 per week

₽25275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67382
₽119888
₽67382
₽121985
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
83 714
social contributions
-
-
-
43 343
total
-
-
-
127 057
Employee
74 235
-
248 500
-
income
14 008
-
83 714
-
social contributions
6 167
-
43 343
-
total
20 175
-
127 057
-
Employer
74 235
-
248 500
-
total
-
-
-
-
Corporate
174 265
248 500
-
-
income
21 783
31 063
-
-
total
21 783
31 063
-
-
Dividends
152 482
217 437
-
-
withholding
30 496
43 488
-
-
total
30 496
43 488
-
-
Income
248 500
248 500
248 500
248 500
Total tax
72 454
74 551
127 057
127 057
After tax
176 046
173 949
121 443
121 443
Living cost
54 061
54 061
54 061
54 061
Free-cash
121 985
119 888
67 382
67 382

Estimated living cost  is ₽54061 per week

₽41129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137274
₽122060
₽170916
₽125378
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
248 500
income
-
-
-
37 274
health

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

-
-
-
5 860
total
-
-
-
43 134
Employee
43 536
-
244 134
-
income
4 724
-
68 044
-
social contributions
4 362
-
4 366
-
total
9 086
-
72 410
-
Employer
43 536
-
244 134
-
social contributions
4 362
-
4 366
-
total
4 362
-
4 366
-
Corporate
200 602
248 500
-
-
income
70 210
86 976
-
-
total
70 210
86 976
-
-
Dividends
130 392
161 524
-
-
social contributions
5 014
5 014
-
-
total
5 014
5 014
-
-
Income
248 500
248 500
248 500
248 500
Total tax
88 672
91 990
76 776
43 134
After tax
159 828
156 510
171 724
205 366
Living cost
34 450
34 450
34 450
34 450
Free-cash
125 378
122 060
137 274
170 916

Estimated living cost  is ₽34450 per week

₽22692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101477
₽118710
₽123515
₽124307
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
79 728
pensions
-
-
-
10 145
total
-
-
-
89 873
Employee
48 196
-
216 321
-
income
8 777
-
65 036
-
health
629
-
2 817
-
pensions
3 679
-
11 879
-
total
13 085
-
79 732
-
Employer
48 196
-
216 321
-
health
916
-
4 110
-
pensions
4 869
-
28 069
-
total
5 785
-
32 179
-
Corporate
194 518
248 500
-
-
income

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

36 959
47 216
-
-
total
36 959
47 216
-
-
Dividends
157 559
201 284
-
-
withholding
33 252
47 462
-
-
total
33 252
47 462
-
-
Income
248 500
248 500
248 500
248 500
Total tax
89 081
94 678
111 911
89 873
After tax
159 419
153 822
136 589
158 627
Living cost
35 112
35 112
35 112
35 112
Free-cash
124 307
118 710
101 477
123 515

Estimated living cost  is ₽35112 per week

₽24087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽115028
-₽2639
₽146820
₽16636
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
other
-
-
-
354
health
-
-
-
2 084
accident
-
-
-
241
income
-
-
-
72 256
pensions
-
-
-
3 977
total
-
-
-
78 912
Employee
35 815
-
228 554
-
income
4 914
-
57 296
-
pensions
4 033
-
7 292
-
health
4 101
-
26 169
-
total
13 048
-
90 757
-
Employer
35 815
-
228 554
-
unemployment
877
-
5 600
-
accident
598
-
3 817
-
pensions
5 823
-
10 530
-
total
7 298
-
19 947
-
Corporate
205 386
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.

184 848
223 650
-
-
total
184 848
223 650
-
-
Dividends
20 539
24 850
-
-
withholding
3 902
4 721
-
-
total
3 902
4 721
-
-
Income
248 500
248 500
248 500
248 500
Total tax
209 096
228 371
110 704
78 912
After tax
39 404
20 129
137 796
169 588
Living cost
22 768
22 768
22 768
22 768
Free-cash
16 636
-2 639
115 028
146 820

Estimated living cost  is ₽22768 per week

₽16709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
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.
₽4273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172658
₽177303
₽151820
₽174435
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
248 500
income
-
-
-
42 205
health insurance
-
-
-
11 214
work injury
-
-
-
758
pensions
-
-
-
27 884
unemployment
-
-
-
1 819
total
-
-
-
83 880
Employee

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

20 480
-
248 500
-
income
2 048
-
42 205
-
work injury
102
-
379
-
health insurance
1 516
-
5 607
-
pensions
3 768
-
13 942
-
unemployment
246
-
909
-
total
7 680
-
63 042
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
228 020
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%.

22 802
24 850
-
-
total
22 802
24 850
-
-
Dividends
205 218
223 650
-
-
withholding
30 783
33 547
-
-
total
30 783
33 547
-
-
Income
248 500
248 500
248 500
248 500
Total tax
61 265
58 397
63 042
83 880
After tax
187 235
190 103
185 458
164 620
Living cost
12 800
12 800
12 800
12 800
Free-cash
174 435
177 303
172 658
151 820

Estimated living cost  is ₽12800 per week

₽7930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3541
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73082
₽93085
₽80881
₽88770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 499
national
-
-
-
74 129
regional
-
-
-
6 376
municipal
-
-
-
1 808
total
-
-
-
129 812
Employee
79 971
-
248 500
-
social contributions
26 966
-
62 272
-
municipal
477
-
1 677
-
national
13 514
-
67 777
-
regional
1 207
-
5 885
-
total
42 164
-
137 611
-
Employer
79 971
-
248 500
-
total
-
-
-
-
Corporate
168 529
248 500
-
-
nationa
40 448
59 641
-
-
municipal
8 122
11 978
-
-
total
48 570
71 619
-
-
Dividends
119 959
176 881
-
-
withholding
31 189
45 989
-
-
total
31 189
45 989
-
-
Income
248 500
248 500
248 500
248 500
Total tax
121 923
117 608
137 611
129 812
After tax
126 577
130 892
110 889
118 688
Living cost
37 807
37 807
37 807
37 807
Free-cash
88 770
93 085
73 082
80 881

Estimated living cost  is ₽37807 per week

₽26557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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