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
₽94438
₽105678
₽89909
₽121607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
248 500
trade
-
-
-
31 698
income

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

-
-
-
84 520
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.

-
-
-
6 943
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.

-
-
-
4 648
total
-
-
-
127 809
Employee

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

38 870
-
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.

6 943
-
6 943
-
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.

60
-
4 648
-
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.

1 086
-
84 520
-
total
8 089
-
96 111
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
209 630
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.

1 730
2 050
-
-
income
31 445
37 275
-
-
trade
33 017
39 138
-
-
chamber of commerce
455
511
-
-
total
66 647
78 974
-
-
Dividends
142 983
169 526
-
-
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.

1 944
2 310
-
-
withholding
35 360
41 996
-
-
total
37 304
44 306
-
-
Income
248 500
248 500
248 500
248 500
Total tax
112 040
123 280
96 111
127 809
After tax
136 460
125 220
152 389
120 691
Living cost
30 782
30 782
30 782
30 782
Free-cash
105 678
94 438
121 607
89 909

Estimated living cost  is ₽30782 per week

₽19363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103789
₽102937
₽88768
₽90102
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
municipal
-
-
-
27 721
pensions
-
-
-
29 820
national
-
-
-
48 245
social contributions
-
-
-
2 671
total
-
-
-
108 457
Employee
79 485
-
214 826
-
municipal
9 818
-
28 683
-
pensions
3 179
-
8 593
-
national
15 213
-
50 352
-
total
28 210
-
87 628
-
Employer
79 485
-
214 826
-
social contributions
854
-
2 309
-
pensions
6 359
-
17 186
-
total
7 213
-
19 495
-
Corporate
156 555
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%.

31 311
49 700
-
-
total
31 311
49 700
-
-
Dividends
125 244
198 800
-
-
withholding
27 554
43 736
-
-
total
27 554
43 736
-
-
Income
248 500
248 500
248 500
248 500
Total tax
94 288
93 436
107 123
108 457
After tax
154 212
155 064
141 377
140 043
Living cost
51 275
51 275
51 275
51 275
Free-cash
102 937
103 789
90 102
88 768

Estimated living cost  is ₽51275 per week

₽34851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177658
₽169322
₽70582
₽87946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
54 471
surtax
-
-
-
63 368
social contributions

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

-
-
-
38 937
total
-
-
-
156 776
Employee
29 696
-
197 588
-
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.

3 267
-
13 322
-
surtax
-
-
28 650
-
income
5 286
-
46 528
-
total
8 553
-
88 500
-
Employer
29 696
-
197 588
-
social contributions

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

7 153
-
29 177
-
surtax
-
-
21 735
-
total
7 153
-
50 912
-
Corporate
211 651
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%.

42 330
49 700
-
-
total
42 330
49 700
-
-
Dividends

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

169 322
198 800
-
-
total
-
-
-
-
Income
248 500
248 500
248 500
248 500
Total tax
58 036
49 700
139 412
156 776
After tax
190 464
198 800
109 088
91 724
Living cost
21 142
21 142
21 142
21 142
Free-cash
169 322
177 658
87 946
70 582

Estimated living cost  is ₽21142 per week

₽13488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81495
₽75271
₽89785
₽116320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
91 703
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
116 142
Employee
86 784
86 784
229 614
-
health
13 320
11 330
12 532
-
income

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

14 205
14 205
46 282
-
pensions
15 621
11 907
11 907
-
total
43 146
37 442
70 721
-
Employer
86 784
86 784
229 614
-
unemployment
3 124
3 124
3 882
-
pensions
6 040
6 040
7 508
-
health
6 032
6 032
7 496
-
total
15 196
15 196
18 886
-
Corporate
147 583
146 519
-
-
income
29 516
29 304
-
-
total
29 516
29 304
-
-
Dividends
118 067
117 214
-
-
income
25 088
24 907
-
-
withholding
17 710
17 583
-
-
total
42 798
42 490
-
-
Income
248 500
248 500
248 500
248 500
Total tax
130 656
124 432
89 607
116 142
After tax
117 844
124 068
158 893
132 358
Living cost
42 573
42 573
42 573
42 573
Free-cash
75 271
81 495
116 320
89 785

Estimated living cost  is ₽42573 per week

₽30170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96524
₽95646
₽83779
₽82829
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
municipal
-
-
-
66 689
accident
-
-
-
172
pensions
-
-
-
9 277
other
-
-
-
9 972
unemployment
-
-
-
86
health
-
-
-
5 355
national
-
-
-
34 013
total
-
-
-
125 564
Employee
55 795
-
221 536
-
municipal
16 638
-
66 062
-
national
-
-
33 487
-
total
16 638
-
99 549
-
Employer
55 795
-
221 536
-
accident
112
-
172
-
other
6 483
-
9 972
-
unemployment
1 473
-
2 266
-
pensions
6 031
-
9 277
-
health
3 431
-
5 278
-
total
17 530
-
26 965
-
Corporate
175 175
248 500
-
-
income
38 538
54 670
-
-
total
38 538
54 670
-
-
Dividends
136 636
193 830
-
-
withholding
40 991
58 149
-
-
total
40 991
58 149
-
-
Income
248 500
248 500
248 500
248 500
Total tax
113 697
112 819
126 514
125 564
After tax
134 803
135 681
121 986
122 936
Living cost
39 157
39 157
39 157
39 157
Free-cash
95 646
96 524
82 829
83 779

Estimated living cost  is ₽39157 per week

₽25951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84021
₽98298
₽79361
₽112466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
248 500
trade
-
-
-
33 105
income

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

-
-
-
84 520
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.

-
-
-
6 943
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.

-
-
-
4 648
total
-
-
-
129 216
Employee

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

51 537
-
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.

6 943
-
6 943
-
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.

243
-
4 648
-
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.

4 428
-
84 520
-
total
11 614
-
96 111
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
196 963
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.

1 626
2 050
-
-
income
29 545
37 275
-
-
trade
32 400
40 877
-
-
chamber of commerce
434
507
-
-
total
64 005
80 709
-
-
Dividends
132 959
167 790
-
-
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.

1 807
2 285
-
-
withholding
32 853
41 562
-
-
total
34 660
43 847
-
-
Income
248 500
248 500
248 500
248 500
Total tax
110 279
124 556
96 111
129 216
After tax
138 221
123 944
152 389
119 284
Living cost
39 923
39 923
39 923
39 923
Free-cash
98 298
84 021
112 466
79 361

Estimated living cost  is ₽39923 per week

₽26701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148092
₽143880
₽133407
₽131410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
59 351
health
-
-
-
6 337
social contributions
-
-
-
16 443
total
-
-
-
82 131
Employee
78 145
78 145
235 397
-
social contributions
3 797
6 486
8 748
-
health
777
1 329
4 002
-
income
8 206
7 234
58 275
-
total
12 780
15 049
71 025
-
Employer
78 145
78 145
235 397
-
social contributions
3 797
6 486
8 748
-
health
847
1 446
4 355
-
total
4 644
7 932
13 103
-
Corporate
198 113
162 422
-
-
income
24 764
20 304
-
-
total
24 764
20 304
-
-
Dividends
173 349
142 119
-
-
withholding
29 470
24 161
-
-
total
29 470
24 161
-
-
Income
248 500
248 500
248 500
248 500
Total tax
71 658
67 446
84 128
82 131
After tax
176 842
181 054
164 372
166 369
Living cost
32 962
32 962
32 962
32 962
Free-cash
143 880
148 092
131 410
133 407

Estimated living cost  is ₽32962 per week

₽22533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
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.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121037
₽121421
₽153739
₽125649
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
207 950
-
health
1 860
740
14 556
-
income
3 249
1 293
25 422
-
pensions
2 657
1 058
20 795
-
unemployment
399
159
3 119
-
total
8 165
3 250
63 892
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
207 950
-
pensions
5 182
2 062
40 550
-
total
5 182
2 062
40 550
-
Corporate
216 745
235 862
-
-
income
19 507
21 228
-
-
total
19 507
21 228
-
-
Dividends
197 238
214 634
-
-
social contributions
38 341
41 733
-
-
withholding
37 475
40 781
-
-
total
75 816
82 514
-
-
Income
248 500
248 500
248 500
248 500
Total tax
108 670
109 054
104 442
76 352
After tax
139 830
139 446
144 058
172 148
Living cost
18 409
18 409
18 409
18 409
Free-cash
121 421
121 037
125 649
153 739

Estimated living cost  is ₽18409 per week

₽12562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174254
₽167942
₽108651
₽118689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
33 298
pensions
-
-
-
49 700
health
-
-
-
32 305
total
-
-
-
115 303
Employee
28 830
-
185 724
-
income
3 246
-
35 807
-
pensions
577
-
3 714
-
unemployment
461
-
2 972
-
total
4 284
-
42 493
-
Employer
28 830
-
185 724
-
unemployment
231
-
1 485
-
pensions
5 766
-
37 144
-
health
3 747
-
24 143
-
total
9 744
-
62 772
-
Corporate
209 925
248 500
-
-
income
41 984
49 700
-
-
total
41 984
49 700
-
-
Dividends
167 941
198 800
-
-
total
-
-
-
-
Income
248 500
248 500
248 500
248 500
Total tax
56 012
49 700
105 265
115 303
After tax
192 488
198 800
143 235
133 197
Living cost
24 546
24 546
24 546
24 546
Free-cash
167 942
174 254
118 689
108 651

Estimated living cost  is ₽24546 per week

₽16836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2068
₽16724
₽147424
₽115272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
accident
-
-
-
255
income
-
-
-
71 853
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
78 880
Employee
34 915
-
227 991
-
health
3 998
-
26 105
-
income
4 790
-
56 722
-
pensions
3 932
-
7 697
-
total
12 720
-
90 524
-
Employer
34 915
-
227 991
-
accident
583
-
3 807
-
unemployment
855
-
5 586
-
pensions
5 677
-
11 115
-
total
7 115
-
20 508
-
Corporate
206 469
248 500
-
-
income

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

185 822
223 650
-
-
total
185 822
223 650
-
-
Dividends
20 647
24 850
-
-
withholding
3 923
4 722
-
-
total
3 923
4 722
-
-
Income
248 500
248 500
248 500
248 500
Total tax
209 580
228 372
111 032
78 880
After tax
38 920
20 128
137 468
169 620
Living cost
22 196
22 196
22 196
22 196
Free-cash
16 724
-2 068
115 272
147 424

Estimated living cost  is ₽22196 per week

₽16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
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.
₽4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽226813
₽225077
₽236753
₽189538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 577
-
248 500
-
income
2 315
-
49 700
-
total
2 315
-
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%.

236 923
248 500
-
-
total
-
-
-
-
Dividends
236 923
248 500
-
-
withholding
11 846
12 425
-
-
total
11 846
12 425
-
-
Income
248 500
248 500
248 500
248 500
Total tax
14 161
12 425
49 700
2 485
After tax
234 339
236 075
198 800
246 015
Living cost
9 262
9 262
9 262
9 262
Free-cash
225 077
226 813
189 538
236 753

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155494
₽148630
₽125173
₽123166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
45 018
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.

-
-
-
37 090
other
-
-
-
7 340
health
-
-
-
6 800
total
-
-
-
96 248
Employee
36 899
-
209 121
-
health
517
-
2 164
-
income
6 353
-
44 349
-
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.

2 582
-
10 817
-
unemployment
368
-
1 545
-
total
9 820
-
58 875
-
Employer
36 899
-
209 121
-
accident
295
-
1 672
-
other
1 846
-
7 726
-
unemployment
368
-
1 545
-
pensions

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

6 274
-
26 273
-
health
517
-
2 164
-
total
9 300
-
39 380
-
Corporate
202 301
248 500
-
-
income
42 484
52 184
-
-
total
42 484
52 184
-
-
Dividends
159 817
196 316
-
-
withholding
11 187
13 743
-
-
total
11 187
13 743
-
-
Income
248 500
248 500
248 500
248 500
Total tax
72 791
65 927
98 255
96 248
After tax
175 709
182 573
150 245
152 252
Living cost
27 079
27 079
27 079
27 079
Free-cash
148 630
155 494
123 166
125 173

Estimated living cost  is ₽27079 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86890
₽95125
₽91245
₽69129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
78 276
pensions
-
-
-
10 570
total
-
-
-
88 846
Employee
96 788
-
216 447
-
health
1 595
-
2 873
-
income
17 447
-
63 535
-
pensions
9 337
-
12 501
-
total
28 379
-
78 909
-
Employer
96 788
-
216 447
-
pensions
11 428
-
27 940
-
health
1 838
-
4 113
-
total
13 266
-
32 053
-
Corporate
138 446
248 500
-
-
income

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

26 305
47 214
-
-
total
26 305
47 214
-
-
Dividends
112 141
201 286
-
-
withholding
17 016
45 987
-
-
total
17 016
45 987
-
-
Income
248 500
248 500
248 500
248 500
Total tax
84 966
93 201
110 962
88 846
After tax
163 534
155 299
137 538
159 654
Living cost
68 409
68 409
68 409
68 409
Free-cash
95 125
86 890
69 129
91 245

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
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.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽199146
₽194426
₽188426
₽198923
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
37 275
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
46 752
Employee
17 640
-
241 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
24 153
-
pensions

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

1 549
-
3 116
-
total
4 318
-
29 292
-
Employer
17 640
-
241 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
227 398
248 500
-
-
income
22 740
24 850
-
-
total
22 740
24 850
-
-
Dividends
204 658
223 650
-
-
withholding
10 233
11 182
-
-
total
10 233
11 182
-
-
Income
248 500
248 500
248 500
248 500
Total tax
40 752
36 032
36 255
46 752
After tax
207 748
212 468
212 245
201 748
Living cost
13 322
13 322
13 322
13 322
Free-cash
194 426
199 146
198 923
188 426

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67715
₽70271
₽76005
₽102540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
91 703
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
116 142
Employee
94 220
86 784
229 614
-
health
11 754
11 330
12 532
-
income

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

14 205
14 205
46 282
-
pensions
11 907
11 907
11 907
-
total
37 866
37 442
70 721
-
Employer
94 220
86 784
229 614
-
unemployment
3 392
3 124
3 882
-
pensions
6 557
6 040
7 508
-
health
6 547
6 032
7 496
-
total
16 496
15 196
18 886
-
Corporate
137 783
146 519
-
-
income
27 557
29 304
-
-
total
27 557
29 304
-
-
Dividends
110 226
117 214
-
-
income
23 424
24 907
-
-
withholding
16 533
17 583
-
-
total
39 957
42 490
-
-
Income
248 500
248 500
248 500
248 500
Total tax
121 876
124 432
89 607
116 142
After tax
126 624
124 068
158 893
132 358
Living cost
56 353
56 353
56 353
56 353
Free-cash
70 271
67 715
102 540
76 005

Estimated living cost  is ₽56353 per week

₽41570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146803
₽138138
₽124490
₽113317
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 000
health
-
-
-
33 548
solidarity contribution
-
-
-
4 221
social contributions
-
-
-
34 952
total
-
-
-
99 721
Employee
35 720
-
200 528
-
social contributions
2 322
-
7 780
-
health
4 822
-
27 071
-
solidarity contribution
-
-
3 219
-
income
4 286
-
24 852
-
total
11 430
-
62 922
-
Employer
35 720
-
200 528
-
social contributions
8 930
-
29 924
-
health
3 215
-
18 048
-
total
12 145
-
47 972
-
Corporate
200 635
248 500
-
-
income
38 121
47 215
-
-
total
38 121
47 215
-
-
Dividends
162 515
201 285
-
-
withholding
24 377
30 193
-
-
total
24 377
30 193
-
-
Income
248 500
248 500
248 500
248 500
Total tax
86 073
77 408
110 894
99 721
After tax
162 427
171 092
137 606
148 779
Living cost
24 289
24 289
24 289
24 289
Free-cash
138 138
146 803
113 317
124 490

Estimated living cost  is ₽24289 per week

₽16872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89703
₽84397
₽78126
₽69511
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
municipal
-
-
-
1 581
regional
-
-
-
3 237
national
-
-
-
71 811
social contributions
-
-
-
50 863
total
-
-
-
127 492
Employee
90 319
-
248 500
-
social contributions
30 456
-
66 683
-
regional
852
-
2 961
-
municipal
478
-
1 454
-
national
15 650
-
65 009
-
total
47 436
-
136 107
-
Employer
90 319
-
248 500
-
total
-
-
-
-
Corporate
158 181
248 500
-
-
nationa
37 963
59 640
-
-
municipal
6 169
9 691
-
-
total
44 132
69 331
-
-
Dividends
114 048
179 169
-
-
withholding
29 653
46 584
-
-
total
29 653
46 584
-
-
Income
248 500
248 500
248 500
248 500
Total tax
121 221
115 915
136 107
127 492
After tax
127 279
132 585
112 393
121 008
Living cost
42 882
42 882
42 882
42 882
Free-cash
84 397
89 703
69 511
78 126

Estimated living cost  is ₽42882 per week

₽29892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133881
₽130721
₽94250
₽88038
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 910
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
13 928
total
-
-
-
131 825
Employee
33 607
-
219 950
-
other
-
-
-
-
health
858
-
3 458
-
surtax
110
-
12 711
-
income
5 633
-
74 831
-
pensions
2 241
-
9 047
-
unemployment
2 339
-
9 440
-
total
11 181
-
109 487
-
Employer
33 607
-
219 950
-
other
-
-
-
-
unemployment
1 065
-
4 299
-
pensions
4 480
-
18 080
-
health
1 529
-
6 171
-
total
7 074
-
28 550
-
Corporate
207 819
248 500
-
-
income
54 032
64 610
-
-
total
54 032
64 610
-
-
Dividends
153 787
183 890
-
-
withholding
23 067
27 584
-
-
total
23 067
27 584
-
-
Income
248 500
248 500
248 500
248 500
Total tax
95 354
92 194
138 037
131 825
After tax
153 146
156 306
110 463
116 675
Living cost
22 425
22 425
22 425
22 425
Free-cash
130 721
133 881
88 038
94 250

Estimated living cost  is ₽22425 per week

₽13712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
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.
₽6127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108564
₽115318
₽112919
₽90803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
78 276
pensions
-
-
-
10 570
total
-
-
-
88 846
Employee
64 865
-
216 447
-
health
942
-
2 873
-
income
11 682
-
63 535
-
pensions
5 506
-
12 501
-
total
18 130
-
78 909
-
Employer
64 865
-
216 447
-
pensions
7 022
-
27 940
-
health
1 232
-
4 113
-
total
8 254
-
32 053
-
Corporate
175 382
248 500
-
-
income

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

33 322
47 214
-
-
total
33 322
47 214
-
-
Dividends
142 060
201 286
-
-
withholding
26 741
45 987
-
-
total
26 741
45 987
-
-
Income
248 500
248 500
248 500
248 500
Total tax
86 447
93 201
110 962
88 846
After tax
162 053
155 299
137 538
159 654
Living cost
46 735
46 735
46 735
46 735
Free-cash
115 318
108 564
90 803
112 919

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽36020
₽69228
₽117961
₽110138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 619
pensions
-
-
-
22 862
other

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

-
-
-
4 970
regional
-
-
-
14 518
health
-
-
-
558
national
-
-
-
7 399
total
-
-
-
52 926
Employee
90 828
-
224 161
-
city
975
-
2 432
-
regional
2 974
-
12 997
-
health
205
-
504
-
pensions
7 631
-
16 886
-
unemployment
-
-
-
-
national
430
-
6 057
-
total
12 215
-
38 876
-
Employer
90 828
-
224 161
-
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.

1 816
-
4 483
-
unemployment
-
-
-
-
pensions
7 631
-
16 886
-
health
205
-
504
-
total
9 652
-
21 873
-
Corporate
147 022
248 500
-
-
regional
31 095
52 558
-
-
national
12 497
21 122
-
-
total
43 592
73 680
-
-
Dividends
103 430
174 820
-
-
withholding
36 200
61 187
-
-
total
36 200
61 187
-
-
Income
248 500
248 500
248 500
248 500
Total tax
101 659
134 867
60 749
52 926
After tax
146 841
113 633
187 751
195 574
Living cost
77 613
77 613
77 613
77 613
Free-cash
69 228
36 020
110 138
117 961

Estimated living cost  is ₽77613 per week

₽50471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽76110
₽92587
₽71319
₽105834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
248 500
trade
-
-
-
34 515
income

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

-
-
-
84 520
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.

-
-
-
6 943
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.

-
-
-
4 648
total
-
-
-
130 626
Employee

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

61 075
-
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.

6 943
-
6 943
-
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.

395
-
4 648
-
income

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

7 182
-
84 520
-
total
14 520
-
96 111
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
187 425
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.

1 547
2 050
-
-
income
28 114
37 275
-
-
trade
32 143
42 617
-
-
chamber of commerce
418
503
-
-
total
62 222
82 445
-
-
Dividends
125 202
166 055
-
-
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.

1 701
2 262
-
-
withholding
30 915
41 128
-
-
total
32 616
43 390
-
-
Income
248 500
248 500
248 500
248 500
Total tax
109 358
125 835
96 111
130 626
After tax
139 142
122 665
152 389
117 874
Living cost
46 555
46 555
46 555
46 555
Free-cash
92 587
76 110
105 834
71 319

Estimated living cost  is ₽46555 per week

₽34002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽90475
₽96477
₽99491
₽90947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
49 092
pensions
-
-
-
37 688
other
-
-
-
7 703
health
-
-
-
12 676
surtax
-
-
-
-
social contributions
-
-
-
7 080
total
-
-
-
114 239
Employee
43 494
-
188 679
-
social contributions
1 240
-
5 377
-
surtax
-
-
-
-
income
2 567
-
42 952
-
pensions
4 918
-
14 632
-
total
8 725
-
62 961
-
Employer
43 494
-
188 679
-
other
1 500
-
8 004
-
social contributions
131
-
567
-
unemployment
1 761
-
7 641
-
pensions
7 145
-
24 362
-
health
3 045
-
19 248
-
total
13 582
-
59 822
-
Corporate
191 423
248 500
-
-
surtax
-
-
-
-
income
53 598
69 580
-
-
total
53 598
69 580
-
-
Dividends
137 825
178 920
-
-
surtax
-
-
-
-
social contributions
23 706
30 774
-
-
withholding
17 642
22 901
-
-
total
41 348
53 675
-
-
Income
248 500
248 500
248 500
248 500
Total tax
117 253
123 255
122 783
114 239
After tax
131 247
125 245
125 717
134 261
Living cost
34 770
34 770
34 770
34 770
Free-cash
96 477
90 475
90 947
99 491

Estimated living cost  is ₽34770 per week

₽21924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93920
₽99567
₽102936
₽94392
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
49 092
pensions
-
-
-
37 688
other
-
-
-
7 703
health
-
-
-
12 676
surtax
-
-
-
-
social contributions
-
-
-
7 080
total
-
-
-
114 239
Employee
38 825
-
188 679
-
social contributions
1 107
-
5 377
-
surtax
-
-
-
-
income
2 002
-
42 952
-
pensions
4 391
-
14 632
-
total
7 500
-
62 961
-
Employer
38 825
-
188 679
-
other
1 340
-
8 004
-
social contributions
116
-
567
-
unemployment
1 572
-
7 641
-
pensions
6 380
-
24 362
-
health
2 717
-
19 248
-
total
12 125
-
59 822
-
Corporate
197 550
248 500
-
-
surtax
-
-
-
-
income
55 314
69 580
-
-
total
55 314
69 580
-
-
Dividends
142 236
178 920
-
-
surtax
-
-
-
-
social contributions
24 464
30 774
-
-
withholding
18 205
22 901
-
-
total
42 669
53 675
-
-
Income
248 500
248 500
248 500
248 500
Total tax
117 608
123 255
122 783
114 239
After tax
130 892
125 245
125 717
134 261
Living cost
31 325
31 325
31 325
31 325
Free-cash
99 567
93 920
94 392
102 936

Estimated living cost  is ₽31325 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130057
₽130586
₽138038
₽130872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
37 275
health
-
-
-
17 345
social contributions
-
-
-
34 293
total
-
-
-
88 913
Employee
34 457
-
248 500
-
social contributions
4 756
-
34 293
-
health
2 405
-
17 345
-
income
5 747
-
44 441
-
total
12 908
-
96 079
-
Employer
34 457
-
248 500
-
total
-
-
-
-
Corporate
214 043
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%.

10 701
12 426
-
-
total
10 701
12 426
-
-
Dividends
203 341
236 074
-
-
health
14 194
16 477
-
-
social contributions
28 060
32 579
-
-
withholding
30 502
35 412
-
-
total
72 756
84 468
-
-
Income
248 500
248 500
248 500
248 500
Total tax
96 365
96 894
96 079
88 913
After tax
152 135
151 606
152 421
159 587
Living cost
21 549
21 549
21 549
21 549
Free-cash
130 586
130 057
130 872
138 038

Estimated living cost  is ₽21549 per week

₽14422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101023
₽99449
₽91171
₽28876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
993
income
-
-
-
83 047
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
201
total
-
-
-
121 520
Employee
50 788
40 499
207 640
-
other
507
405
1 188
-
health
1 965
1 568
4 594
-
income
5 782
2 987
70 506
-
pensions
5 201
4 146
12 158
-
unemployment
1 524
1 215
3 562
-
total
14 979
10 321
92 008
-
Employer
50 788
40 499
207 640
-
accident
660
526
1 543
-
other
2 413
1 923
9 107
-
chamber of commerce
202
162
831
-
unemployment
1 524
1 215
3 562
-
surtax
201
201
201
-
pensions
6 374
5 084
14 900
-
payroll
1 524
1 215
6 229
-
health
1 919
1 531
4 488
-
total
14 817
11 857
40 861
-
Corporate
182 897
196 144
203 783
-
income

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

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

45 724
49 035
50 946
-
total
45 724
49 035
50 946
-
Dividends
137 173
147 109
-
-
withholding
37 722
40 455
-
-
total
37 722
40 455
-
-
Income
248 500
248 500
248 500
248 500
Total tax
113 242
111 668
183 815
121 520
After tax
135 258
136 832
64 685
126 980
Living cost
35 809
35 809
35 809
35 809
Free-cash
99 449
101 023
28 876
91 171

Estimated living cost  is ₽35809 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98204
₽86537
₽71129
₽46562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
101 590
communal

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

-
-
-
13 390
social contributions
-
-
-
25 337
total
-
-
-
140 317
Employee

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

72 694
-
192 470
-
communal

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

3 792
-
10 038
-
health

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

3 415
-
9 047
-
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.

5 452
-
14 435
-
unemployment

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

633
-
1 674
-
national
22 349
-
73 665
-
total
35 641
-
108 859
-
Employer

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

72 694
-
192 470
-
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.

945
-
2 501
-
unemployment

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

1 061
-
2 810
-
surtax
8 243
-
21 827
-
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.

6 441
-
17 052
-
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.

4 470
-
11 835
-
total
21 160
-
56 025
-
Corporate
154 646
248 500
-
-
surtax
619
1 093
-
-
income
30 930
54 709
-
-
total
31 549
55 802
-
-
Dividends
123 097
192 698
-
-
withholding

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

36 559
57 440
-
-
total
36 559
57 440
-
-
Income
248 500
248 500
248 500
248 500
Total tax
124 909
113 242
164 884
140 317
After tax
123 591
135 258
83 616
108 183
Living cost
37 054
37 054
37 054
37 054
Free-cash
86 537
98 204
46 562
71 129

Estimated living cost  is ₽37054 per week

₽23868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
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.
₽9367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128102
₽121140
₽101979
₽97716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
accident
-
-
-
849
income
-
-
-
81 561
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
109 820
Employee
50 587
-
218 471
-
other
50
-
94
-
income
10 674
-
78 072
-
pensions
2 378
-
4 428
-
unemployment
785
-
1 460
-
total
13 887
-
84 054
-
Employer
50 587
-
218 471
-
accident
1 001
-
1 865
-
other
403
-
754
-
unemployment
2 783
-
5 180
-
pensions
11 938
-
22 230
-
total
16 125
-
30 029
-
Corporate
181 789
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.

27 268
37 275
-
-
total
27 268
37 275
-
-
Dividends
154 521
211 225
-
-
withholding
33 379
46 422
-
-
total
33 379
46 422
-
-
Income
248 500
248 500
248 500
248 500
Total tax
90 659
83 697
114 083
109 820
After tax
157 841
164 803
134 417
138 680
Living cost
36 701
36 701
36 701
36 701
Free-cash
121 140
128 102
97 716
101 979

Estimated living cost  is ₽36701 per week

₽27027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
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.
₽6542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83757
₽69780
₽60733
₽69742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
accident
-
-
-
2 035
income
-
-
-
49 231
pensions
-
-
-
36 178
health
-
-
-
16 956
surtax
-
-
-
12 433
communal
-
-
-
15 706
total
-
-
-
132 539
Employee
76 960
-
221 973
-
health
3 425
-
9 878
-
surtax
4 717
-
13 604
-
income
7 434
-
55 763
-
pensions
6 156
-
17 758
-
total
21 732
-
97 003
-
Employer
76 960
-
221 973
-
accident
692
-
1 998
-
pensions
6 156
-
17 758
-
health
2 347
-
6 771
-
total
9 195
-
26 527
-
Corporate
162 344
248 500
-
-
surtax
1 705
2 609
-
-
communal
10 958
16 774
-
-
income
24 352
37 275
-
-
total
37 015
56 658
-
-
Dividends
125 330
191 841
-
-
income
36 751
24 081
-
-
withholding
18 799
28 776
-
-
total
55 550
52 857
-
-
Income
248 500
248 500
248 500
248 500
Total tax
123 492
109 515
123 530
132 539
After tax
125 008
138 985
124 970
115 961
Living cost
55 228
55 228
55 228
55 228
Free-cash
69 780
83 757
69 742
60 733

Estimated living cost  is ₽55228 per week

₽41429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133480
₽130249
₽93849
₽87637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 910
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
13 928
total
-
-
-
131 825
Employee
34 224
-
219 950
-
other
-
-
-
-
health
874
-
3 458
-
surtax
121
-
12 711
-
income
5 737
-
74 831
-
pensions
2 283
-
9 047
-
unemployment
2 382
-
9 440
-
total
11 397
-
109 487
-
Employer
34 224
-
219 950
-
other
-
-
-
-
unemployment
1 086
-
4 299
-
pensions
4 563
-
18 080
-
health
1 556
-
6 171
-
total
7 205
-
28 550
-
Corporate
207 071
248 500
-
-
income
53 839
64 610
-
-
total
53 839
64 610
-
-
Dividends
153 232
183 890
-
-
withholding
22 984
27 584
-
-
total
22 984
27 584
-
-
Income
248 500
248 500
248 500
248 500
Total tax
95 425
92 194
138 037
131 825
After tax
153 075
156 306
110 463
116 675
Living cost
22 826
22 826
22 826
22 826
Free-cash
130 249
133 480
87 637
93 849

Estimated living cost  is ₽22826 per week

₽13781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103242
₽100986
₽92857
₽84288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
municipal
-
-
-
1 581
regional
-
-
-
4 012
national
-
-
-
71 811
social contributions
-
-
-
50 863
total
-
-
-
128 267
Employee
56 373
-
248 500
-
social contributions
19 010
-
66 683
-
regional
759
-
3 690
-
municipal
299
-
1 454
-
national
8 931
-
65 009
-
total
28 999
-
136 836
-
Employer
56 373
-
248 500
-
total
-
-
-
-
Corporate
192 127
248 500
-
-
nationa
46 110
59 640
-
-
municipal
9 548
12 350
-
-
total
55 658
71 990
-
-
Dividends
136 469
176 509
-
-
withholding
35 481
45 892
-
-
total
35 481
45 892
-
-
Income
248 500
248 500
248 500
248 500
Total tax
120 138
117 882
136 836
128 267
After tax
128 362
130 618
111 664
120 233
Living cost
27 376
27 376
27 376
27 376
Free-cash
100 986
103 242
84 288
92 857

Estimated living cost  is ₽27376 per week

₽17025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141161
₽130485
₽118848
₽107675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 000
health
-
-
-
33 548
solidarity contribution
-
-
-
4 221
social contributions
-
-
-
34 952
total
-
-
-
99 721
Employee
44 016
-
200 528
-
social contributions
2 861
-
7 780
-
health
5 942
-
27 071
-
solidarity contribution
-
-
3 219
-
income
5 282
-
24 852
-
total
14 085
-
62 922
-
Employer
44 016
-
200 528
-
social contributions
11 004
-
29 924
-
health
3 961
-
18 048
-
total
14 965
-
47 972
-
Corporate
189 518
248 500
-
-
income
36 008
47 215
-
-
total
36 008
47 215
-
-
Dividends
153 510
201 285
-
-
withholding
23 026
30 193
-
-
total
23 026
30 193
-
-
Income
248 500
248 500
248 500
248 500
Total tax
88 084
77 408
110 894
99 721
After tax
160 416
171 092
137 606
148 779
Living cost
29 931
29 931
29 931
29 931
Free-cash
130 485
141 161
107 675
118 848

Estimated living cost  is ₽29931 per week

₽22259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104520
₽104016
₽94759
₽32312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
993
income
-
-
-
83 047
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
-
total
-
-
-
121 319
Employee
44 424
40 499
207 827
-
other
444
405
1 188
-
health
1 718
1 568
4 594
-
income
3 957
2 987
70 598
-
pensions
4 549
4 146
12 158
-
unemployment
1 333
1 215
3 562
-
total
12 001
10 321
92 100
-
Employer
44 424
40 499
207 827
-
accident
577
526
1 543
-
other
2 110
1 923
9 114
-
chamber of commerce
177
162
831
-
unemployment
1 333
1 215
3 562
-
surtax
-
-
-
-
pensions
5 575
5 084
14 900
-
payroll
1 333
1 215
6 235
-
health
1 680
1 531
4 488
-
total
12 785
11 656
40 673
-
Corporate
191 292
196 344
203 970
-
income

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

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

47 822
49 085
50 993
-
total
47 822
49 085
50 993
-
Dividends
143 470
147 259
-
-
withholding
39 454
40 496
-
-
total
39 454
40 496
-
-
Income
248 500
248 500
248 500
248 500
Total tax
112 062
111 558
183 766
121 319
After tax
136 438
136 942
64 734
127 181
Living cost
32 422
32 422
32 422
32 422
Free-cash
104 016
104 520
32 312
94 759

Estimated living cost  is ₽32422 per week

₽19449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽221642
₽218935
₽231582
₽184367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 042
-
248 500
-
income
3 609
-
49 700
-
total
3 609
-
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%.

230 458
248 500
-
-
total
-
-
-
-
Dividends
230 458
248 500
-
-
withholding
11 523
12 425
-
-
total
11 523
12 425
-
-
Income
248 500
248 500
248 500
248 500
Total tax
15 132
12 425
49 700
2 485
After tax
233 368
236 075
198 800
246 015
Living cost
14 433
14 433
14 433
14 433
Free-cash
218 935
221 642
184 367
231 582

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143834
₽135334
₽86016
₽80620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
248 500
income
-
-
-
65 020
pensions
-
-
-
45 382
unemployment
-
-
-
372
health
-
-
-
24 452
total
-
-
-
135 226
Employee

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

44 939
-
215 022
-
health
2 902
-
13 889
-
income
7 750
-
59 626
-
pensions
6 966
-
33 329
-
unemployment
64
-
301
-
total
17 682
-
107 145
-
Employer

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

44 939
-
215 022
-
unemployment
27
-
129
-
pensions
3 977
-
19 029
-
health
2 993
-
14 319
-
total
6 997
-
33 477
-
Corporate
196 564
248 500
-
-
income
37 346
47 215
-
-
total
37 346
47 215
-
-
Dividends
159 218
201 285
-
-
withholding
23 883
30 193
-
-
total
23 883
30 193
-
-
Income
248 500
248 500
248 500
248 500
Total tax
85 908
77 408
140 622
135 226
After tax
162 592
171 092
107 878
113 274
Living cost
27 258
27 258
27 258
27 258
Free-cash
135 334
143 834
80 620
86 016

Estimated living cost  is ₽27258 per week

₽18707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107284
₽58886
₽127830
₽191211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
48 438
social contributions
-
-
-
28 329
total
-
-
-
76 767
Employee
62 951
-
-
-
social contributions
5 162
-
736
-
income
13 886
-
-
-
total
19 048
-
736
-
Employer
62 951
-
-
-
social contributions
88 761
-
12 650
-
total
88 761
-
12 650
-
Corporate
96 788
248 500
-
-
income
21 293
54 670
-
-
total
21 293
54 670
-
-
Dividends
75 494
193 830
-
-
income
16 609
42 643
-
-
total
16 609
42 643
-
-
Income
248 500
248 500
248 500
248 500
Total tax
145 711
97 313
13 386
76 767
After tax
102 789
151 187
235 114
171 733
Living cost
43 903
43 903
43 903
43 903
Free-cash
58 886
107 284
191 211
127 830

Estimated living cost  is ₽43903 per week

₽28486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109470
₽108448
₽96748
₽76600
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
248 500
income
-
-
-
33 521
surtax
-
-
-
-
social contributions

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

-
-
-
86 354
total
-
-
-
119 875
Employee
46 740
-
200 807
-
social contributions
5 141
-
22 090
-
surtax
-
-
611
-
income
9 722
-
69 631
-
total
14 863
-
92 332
-
Employer
46 740
-
200 807
-
social contributions
11 101
-
47 691
-
total
11 101
-
47 691
-
Corporate
190 659
248 500
-
-
surtax
-
-
-
-
income
40 038
52 184
-
-
total
40 038
52 184
-
-
Dividends
150 621
196 316
-
-
withholding
42 173
54 969
-
-
total
42 173
54 969
-
-
Income
248 500
248 500
248 500
248 500
Total tax
108 175
107 153
140 023
119 875
After tax
140 325
141 347
108 477
128 625
Living cost
31 877
31 877
31 877
31 877
Free-cash
108 448
109 470
76 600
96 748

Estimated living cost  is ₽31877 per week

₽23850
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.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76161
₽83147
₽85177
₽76633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
49 092
pensions
-
-
-
37 688
other
-
-
-
7 703
health
-
-
-
12 676
surtax
-
-
-
-
social contributions
-
-
-
7 080
total
-
-
-
114 239
Employee
63 650
-
188 679
-
social contributions
1 813
-
5 377
-
surtax
-
-
-
-
income
5 554
-
42 952
-
pensions
7 199
-
14 632
-
total
14 566
-
62 961
-
Employer
63 650
-
188 679
-
other
2 197
-
8 004
-
social contributions
191
-
567
-
unemployment
2 578
-
7 641
-
pensions
10 458
-
24 362
-
health
4 455
-
19 248
-
total
19 879
-
59 822
-
Corporate
164 970
248 500
-
-
surtax
-
-
-
-
income
46 192
69 580
-
-
total
46 192
69 580
-
-
Dividends
118 778
178 920
-
-
surtax
-
-
-
-
social contributions
20 429
30 774
-
-
withholding
15 203
22 901
-
-
total
35 632
53 675
-
-
Income
248 500
248 500
248 500
248 500
Total tax
116 269
123 255
122 783
114 239
After tax
132 231
125 245
125 717
134 261
Living cost
49 084
49 084
49 084
49 084
Free-cash
83 147
76 161
76 633
85 177

Estimated living cost  is ₽49084 per week

₽33219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽193103
₽189688
₽150072
₽156673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 212
social contributions
-
-
-
54 668
total
-
-
-
67 880
Employee
32 672
-
215 152
-
income
-
-
13 945
-
social contributions
2 123
-
13 986
-
total
2 123
-
27 931
-
Employer
32 672
-
215 152
-
social contributions
5 064
-
33 348
-
total
5 064
-
33 348
-
Corporate
210 764
248 500
-
-
income
21 077
24 849
-
-
total
21 077
24 849
-
-
Dividends
189 687
223 651
-
-
total
-
-
-
-
Income
248 500
248 500
248 500
248 500
Total tax
28 264
24 849
61 279
67 880
After tax
220 236
223 651
187 221
180 620
Living cost
30 548
30 548
30 548
30 548
Free-cash
189 688
193 103
156 673
150 072

Estimated living cost  is ₽30548 per week

₽19752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27098
₽14353
₽93605
₽27098
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
municipal
-
-
-
53 828
pensions
-
-
-
881
national
-
-
-
31 438
labour market
-
-
-
19 809
total
-
-
-
105 956
Employee
206 561
206 561
206 561
-
labour market
16 501
16 501
16 501
-
national
25 235
25 235
25 235
-
municipal
43 986
43 986
43 986
-
pensions
294
294
294
-
total
86 016
86 016
86 016
-
Employer
206 561
206 561
206 561
-
labour market
16 525
16 525
16 525
-
municipal
44 056
44 056
44 056
-
pensions
587
587
587
-
national
25 279
25 279
25 279
-
total
86 447
86 447
86 447
-
Corporate
27 097
-
-
-
income
5 961
-
-
-
total
5 961
-
-
-
Dividends
21 136
-
-
-
withholding
6 784
-
-
-
total
6 784
-
-
-
Income
248 500
248 500
248 500
248 500
Total tax
185 208
172 463
172 463
105 956
After tax
63 292
76 037
76 037
142 544
Living cost
48 939
48 939
48 939
48 939
Free-cash
14 353
27 098
27 098
93 605

Estimated living cost  is ₽48939 per week

₽33495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1740
₽16775
₽147752
₽115600
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
accident
-
-
-
255
income
-
-
-
71 853
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
78 880
Employee
34 400
-
227 991
-
health
3 939
-
26 105
-
income
4 719
-
56 722
-
pensions
3 874
-
7 697
-
total
12 532
-
90 524
-
Employer
34 400
-
227 991
-
accident
574
-
3 807
-
unemployment
843
-
5 586
-
pensions
5 593
-
11 115
-
total
7 010
-
20 508
-
Corporate
207 089
248 500
-
-
income

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

186 380
223 650
-
-
total
186 380
223 650
-
-
Dividends
20 709
24 850
-
-
withholding
3 935
4 722
-
-
total
3 935
4 722
-
-
Income
248 500
248 500
248 500
248 500
Total tax
209 857
228 372
111 032
78 880
After tax
38 643
20 128
137 468
169 620
Living cost
21 868
21 868
21 868
21 868
Free-cash
16 775
-1 740
115 600
147 752

Estimated living cost  is ₽21868 per week

₽15918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112147
₽115522
₽111168
₽82703
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
248 500
municipal
-
-
-
44 117
health
-
-
-
3 402
national
-
-
-
50 796
total
-
-
-
98 315
Employee
53 468
-
209 052
-
health
399
-
2 794
-
municipal
8 758
-
34 021
-
pensions
3 608
-
14 111
-
unemployment
802
-
3 136
-
national
883
-
33 270
-
total
14 450
-
87 332
-
Employer
53 468
-
209 052
-
accident
54
-
208
-
unemployment
347
-
1 360
-
pensions
9 276
-
36 270
-
health
411
-
1 610
-
total
10 088
-
39 448
-
Corporate
184 944
248 500
-
-
income
36 989
49 700
-
-
total
36 989
49 700
-
-
Dividends

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

110 966
149 100
-
-
national
12 460
20 798
-
-
municipal
19 974
26 838
-
-
total
32 434
47 636
-
-
Income
248 500
248 500
248 500
248 500
Total tax
93 961
97 336
126 780
98 315
After tax
154 539
151 164
121 720
150 185
Living cost
39 017
39 017
39 017
39 017
Free-cash
115 522
112 147
82 703
111 168

Estimated living cost  is ₽39017 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157525
₽151995
₽142840
₽140843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
59 351
health
-
-
-
6 337
social contributions
-
-
-
16 443
total
-
-
-
82 131
Employee
78 145
78 145
235 397
-
social contributions
2 955
6 486
8 748
-
health
606
1 329
4 002
-
income
8 509
7 234
58 275
-
total
12 070
15 049
71 025
-
Employer
78 145
78 145
235 397
-
social contributions
2 955
6 486
8 748
-
health
658
1 446
4 355
-
total
3 613
7 932
13 103
-
Corporate
209 290
162 422
-
-
income
26 161
20 304
-
-
total
26 161
20 304
-
-
Dividends
183 129
142 119
-
-
withholding
31 132
24 161
-
-
total
31 132
24 161
-
-
Income
248 500
248 500
248 500
248 500
Total tax
72 976
67 446
84 128
82 131
After tax
175 524
181 054
164 372
166 369
Living cost
23 529
23 529
23 529
23 529
Free-cash
151 995
157 525
140 843
142 840

Estimated living cost  is ₽23529 per week

₽14102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽189648
₽184477
₽196338
₽175955
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
248 500
income
-
-
-
25 856
pensions
-
-
-
6 464
unemployment
-
-
-
29
health
-
-
-
3 678
total
-
-
-
36 027
Employee

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

23 327
-
238 568
-
health
1 983
-
8 196
-
income
1 595
-
23 337
-
pensions
3 498
-
14 464
-
unemployment
116
-
482
-
total
7 192
-
46 479
-
Employer

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

23 327
-
238 568
-
unemployment
116
-
482
-
pensions
1 282
-
5 303
-
health
1 003
-
4 146
-
total
2 401
-
9 931
-
Corporate
222 772
248 500
-
-
income
20 049
22 365
-
-
total
20 049
22 365
-
-
Dividends
202 723
226 135
-
-
withholding
18 246
20 352
-
-
total
18 246
20 352
-
-
Income
248 500
248 500
248 500
248 500
Total tax
47 888
42 717
56 410
36 027
After tax
200 612
205 783
192 090
212 473
Living cost
16 135
16 135
16 135
16 135
Free-cash
184 477
189 648
175 955
196 338

Estimated living cost  is ₽16135 per week

₽10295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136857
₽132369
₽110734
₽106471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
accident
-
-
-
849
income
-
-
-
81 561
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
109 820
Employee
37 577
-
218 471
-
other
37
-
94
-
income
7 245
-
78 072
-
pensions
1 767
-
4 428
-
unemployment
582
-
1 460
-
total
9 631
-
84 054
-
Employer
37 577
-
218 471
-
accident
744
-
1 865
-
other
301
-
754
-
unemployment
2 067
-
5 180
-
pensions
8 867
-
22 230
-
total
11 979
-
30 029
-
Corporate
198 943
248 500
-
-
income

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

29 842
37 275
-
-
total
29 842
37 275
-
-
Dividends
169 101
211 225
-
-
withholding
36 733
46 422
-
-
total
36 733
46 422
-
-
Income
248 500
248 500
248 500
248 500
Total tax
88 185
83 697
114 083
109 820
After tax
160 315
164 803
134 417
138 680
Living cost
27 946
27 946
27 946
27 946
Free-cash
132 369
136 857
106 471
110 734

Estimated living cost  is ₽27946 per week

₽18863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152283
₽151827
₽157110
₽156913
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
85 109
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
88 609
Employee
4 236
-
246 218
-
health
212
-
507
-
income
820
-
85 002
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
86 523
-
Employer
4 236
-
246 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
243 310
248 500
-
-
income
53 528
54 670
-
-
total
53 528
54 670
-
-
Dividends
189 782
193 830
-
-
withholding
37 956
38 766
-
-
total
37 956
38 766
-
-
Income
248 500
248 500
248 500
248 500
Total tax
93 892
93 436
88 806
88 609
After tax
154 608
155 064
159 694
159 891
Living cost
2 781
2 781
2 781
2 781
Free-cash
151 827
152 283
156 913
157 110

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161983
₽156985
₽144695
₽144695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
248 500
income
-
-
-
57 884
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 728
total
-
-
-
86 247
Employee

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

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

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

26 477
-
235 069
-
health
1 364
-
3 864
-
income
3 650
-
57 884
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
72 816
-
Employer

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

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

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

26 477
-
235 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
217 284
248 500
-
-
income
32 593
37 275
-
-
total
32 593
37 275
-
-
Dividends
184 691
211 225
-
-
withholding
27 704
31 684
-
-
total
27 704
31 684
-
-
Income
248 500
248 500
248 500
248 500
Total tax
73 957
68 959
86 247
86 247
After tax
174 543
179 541
162 253
162 253
Living cost
17 558
17 558
17 558
17 558
Free-cash
156 985
161 983
144 695
144 695

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113949
₽113584
₽101227
₽81079
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
248 500
income
-
-
-
33 521
surtax
-
-
-
-
social contributions

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

-
-
-
86 354
total
-
-
-
119 875
Employee
39 443
-
200 807
-
social contributions
4 339
-
22 090
-
surtax
-
-
611
-
income
7 707
-
69 631
-
total
12 046
-
92 332
-
Employer
39 443
-
200 807
-
social contributions
9 367
-
47 691
-
total
9 367
-
47 691
-
Corporate
199 690
248 500
-
-
surtax
-
-
-
-
income
41 934
52 184
-
-
total
41 934
52 184
-
-
Dividends
157 756
196 316
-
-
withholding
44 171
54 969
-
-
total
44 171
54 969
-
-
Income
248 500
248 500
248 500
248 500
Total tax
107 518
107 153
140 023
119 875
After tax
140 982
141 347
108 477
128 625
Living cost
27 398
27 398
27 398
27 398
Free-cash
113 584
113 949
81 079
101 227

Estimated living cost  is ₽27398 per week

₽19405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
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.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129087
₽122436
₽102964
₽98701
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
accident
-
-
-
849
income
-
-
-
81 561
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
109 820
Employee
49 081
-
218 471
-
other
48
-
94
-
income
10 251
-
78 072
-
pensions
2 307
-
4 428
-
unemployment
760
-
1 460
-
total
13 366
-
84 054
-
Employer
49 081
-
218 471
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 700
-
5 180
-
pensions
11 583
-
22 230
-
total
15 648
-
30 029
-
Corporate
183 771
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.

27 567
37 275
-
-
total
27 567
37 275
-
-
Dividends
156 205
211 225
-
-
withholding
33 767
46 422
-
-
total
33 767
46 422
-
-
Income
248 500
248 500
248 500
248 500
Total tax
90 348
83 697
114 083
109 820
After tax
158 152
164 803
134 417
138 680
Living cost
35 716
35 716
35 716
35 716
Free-cash
122 436
129 087
98 701
102 964

Estimated living cost  is ₽35716 per week

₽25650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽194989
₽188796
₽184269
₽194766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
37 275
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
46 752
Employee
23 145
-
241 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
24 153
-
pensions

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

2 032
-
3 116
-
total
5 666
-
29 292
-
Employer
23 145
-
241 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
220 814
248 500
-
-
income
22 081
24 850
-
-
total
22 081
24 850
-
-
Dividends
198 733
223 650
-
-
withholding
9 937
11 182
-
-
total
9 937
11 182
-
-
Income
248 500
248 500
248 500
248 500
Total tax
42 225
36 032
36 255
46 752
After tax
206 275
212 468
212 245
201 748
Living cost
17 479
17 479
17 479
17 479
Free-cash
188 796
194 989
194 766
184 269

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88541
₽101837
₽84274
₽113154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
248 500
trade
-
-
-
28 880
income

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

-
-
-
84 520
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.

-
-
-
6 943
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.

-
-
-
4 648
total
-
-
-
124 991
Employee

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

50 565
-
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.

6 943
-
6 943
-
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.

229
-
4 648
-
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.

4 158
-
84 520
-
total
11 330
-
96 111
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
197 935
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.

1 633
2 050
-
-
income
29 690
37 275
-
-
trade
28 404
35 661
-
-
chamber of commerce
444
519
-
-
total
60 171
75 505
-
-
Dividends
137 764
172 996
-
-
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.

1 873
2 357
-
-
withholding
34 054
42 862
-
-
total
35 927
45 219
-
-
Income
248 500
248 500
248 500
248 500
Total tax
107 428
120 724
96 111
124 991
After tax
141 072
127 776
152 389
123 509
Living cost
39 235
39 235
39 235
39 235
Free-cash
101 837
88 541
113 154
84 274

Estimated living cost  is ₽39235 per week

₽27065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116059
₽118304
₽64940
₽64940
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
82 601
social contributions
-
-
-
43 068
total
-
-
-
125 669
Employee
79 494
-
248 500
-
income
15 000
-
82 601
-
social contributions
6 604
-
43 068
-
total
21 604
-
125 669
-
Employer
79 494
-
248 500
-
total
-
-
-
-
Corporate
169 006
248 500
-
-
income
21 125
31 063
-
-
total
21 125
31 063
-
-
Dividends
147 881
217 437
-
-
withholding
29 576
43 487
-
-
total
29 576
43 487
-
-
Income
248 500
248 500
248 500
248 500
Total tax
72 305
74 550
125 669
125 669
After tax
176 195
173 950
122 831
122 831
Living cost
57 891
57 891
57 891
57 891
Free-cash
118 304
116 059
64 940
64 940

Estimated living cost  is ₽57891 per week

₽44042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4717
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.
₽8578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119266
₽122817
₽167523
₽135557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
37 275
health

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

-
-
-
6 812
total
-
-
-
44 087
Employee
46 620
-
243 825
-
income
5 059
-
66 703
-
social contributions
4 671
-
4 675
-
total
9 730
-
71 378
-
Employer
46 620
-
243 825
-
social contributions
4 671
-
4 675
-
total
4 671
-
4 675
-
Corporate
197 209
248 500
-
-
income
69 023
86 975
-
-
total
69 023
86 975
-
-
Dividends
128 187
161 525
-
-
social contributions
5 369
5 369
-
-
total
5 369
5 369
-
-
Income
248 500
248 500
248 500
248 500
Total tax
88 793
92 344
76 053
44 087
After tax
159 707
156 156
172 447
204 413
Living cost
36 890
36 890
36 890
36 890
Free-cash
122 817
119 266
135 557
167 523

Estimated living cost  is ₽36890 per week

₽24300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117305
₽123361
₽121660
₽99544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
78 276
pensions
-
-
-
10 570
total
-
-
-
88 846
Employee
52 152
-
216 447
-
health
680
-
2 873
-
income
9 497
-
63 535
-
pensions
3 980
-
12 501
-
total
14 157
-
78 909
-
Employer
52 152
-
216 447
-
pensions
5 269
-
27 940
-
health
991
-
4 113
-
total
6 260
-
32 053
-
Corporate
190 088
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.

36 117
47 214
-
-
total
36 117
47 214
-
-
Dividends
153 970
201 286
-
-
withholding
30 611
45 987
-
-
total
30 611
45 987
-
-
Income
248 500
248 500
248 500
248 500
Total tax
87 145
93 201
110 962
88 846
After tax
161 355
155 299
137 538
159 654
Living cost
37 994
37 994
37 994
37 994
Free-cash
123 361
117 305
99 544
121 660

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3905
₽16442
₽145587
₽113435
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
accident
-
-
-
255
income
-
-
-
71 853
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
78 880
Employee
37 806
-
227 991
-
health
4 329
-
26 105
-
income
5 187
-
56 722
-
pensions
4 257
-
7 697
-
total
13 773
-
90 524
-
Employer
37 806
-
227 991
-
accident
631
-
3 807
-
unemployment
926
-
5 586
-
pensions
6 147
-
11 115
-
total
7 704
-
20 508
-
Corporate
202 990
248 500
-
-
income

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

182 691
223 650
-
-
total
182 691
223 650
-
-
Dividends
20 299
24 850
-
-
withholding
3 857
4 722
-
-
total
3 857
4 722
-
-
Income
248 500
248 500
248 500
248 500
Total tax
208 025
228 372
111 032
78 880
After tax
40 475
20 128
137 468
169 620
Living cost
24 033
24 033
24 033
24 033
Free-cash
16 442
-3 905
113 435
145 587

Estimated living cost  is ₽24033 per week

₽17638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176407
₽173340
₽148188
₽170482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
42 029
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
86 617
Employee

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

21 911
-
248 500
-
work injury
110
-
405
-
income
2 191
-
42 029
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
64 323
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
226 589
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%.

22 659
24 850
-
-
total
22 659
24 850
-
-
Dividends
203 930
223 650
-
-
withholding
30 589
33 548
-
-
total
30 589
33 548
-
-
Income
248 500
248 500
248 500
248 500
Total tax
61 465
58 398
64 323
86 617
After tax
187 035
190 102
184 177
161 883
Living cost
13 695
13 695
13 695
13 695
Free-cash
173 340
176 407
170 482
148 188

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90407
₽85785
₽77321
₽68973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
municipal
-
-
-
1 778
regional
-
-
-
6 242
national
-
-
-
71 811
social contributions
-
-
-
50 863
total
-
-
-
130 694
Employee
85 636
-
248 500
-
social contributions
28 876
-
66 683
-
regional
1 293
-
5 715
-
municipal
511
-
1 635
-
national
14 472
-
65 009
-
total
45 152
-
139 042
-
Employer
85 636
-
248 500
-
total
-
-
-
-
Corporate
162 864
248 500
-
-
nationa
39 088
59 640
-
-
municipal
7 849
11 978
-
-
total
46 937
71 618
-
-
Dividends
115 927
176 882
-
-
withholding
30 141
45 990
-
-
total
30 141
45 990
-
-
Income
248 500
248 500
248 500
248 500
Total tax
122 230
117 608
139 042
130 694
After tax
126 270
130 892
109 458
117 806
Living cost
40 485
40 485
40 485
40 485
Free-cash
85 785
90 407
68 973
77 321

Estimated living cost  is ₽40485 per week

₽28438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
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