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
₽96777
₽122894
₽90626
₽107156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
248 500
income

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

-
-
-
86 043
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.

-
-
-
4 733
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.

-
-
-
6 410
trade
-
-
-
32 268
total
-
-
-
129 454
Employee

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

35 888
-
248 500
-
surtax

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

55
-
4 733
-
income

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

1 002
-
86 043
-
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.

6 410
-
6 410
-
total
7 467
-
97 186
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
212 612
248 500
-
-
income
31 892
37 275
-
-
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.

1 754
2 049
-
-
chamber of commerce
449
500
-
-
trade
33 486
39 140
-
-
total
67 581
78 964
-
-
Dividends
145 030
169 535
-
-
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.

1 975
2 311
-
-
withholding
35 901
42 028
-
-
total
37 876
44 339
-
-
Income
248 500
248 500
248 500
248 500
Total tax
112 924
123 303
97 186
129 454
After tax
135 576
125 197
151 314
119 046
Living cost
28 420
28 420
28 420
28 420
Free-cash
107 156
96 777
122 894
90 626

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105108
₽90996
₽89662
₽104278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
social contributions
-
-
-
2 671
municipal
-
-
-
27 754
national
-
-
-
48 637
pensions
-
-
-
29 820
total
-
-
-
108 882
Employee
77 442
-
214 826
-
municipal
9 565
-
28 716
-
pensions
3 098
-
8 593
-
national
14 822
-
50 744
-
total
27 485
-
88 053
-
Employer
77 442
-
214 826
-
pensions
6 195
-
17 186
-
social contributions
832
-
2 309
-
total
7 027
-
19 495
-
Corporate
158 919
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%.

31 784
49 700
-
-
total
31 784
49 700
-
-
Dividends
127 136
198 800
-
-
withholding
27 970
43 736
-
-
total
27 970
43 736
-
-
Income
248 500
248 500
248 500
248 500
Total tax
94 266
93 436
107 548
108 882
After tax
154 234
155 064
140 952
139 618
Living cost
49 956
49 956
49 956
49 956
Free-cash
104 278
105 108
90 996
89 662

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽179279
₽90489
₽73380
₽171583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
248 500
income
-
-
-
56 280
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.

-
-
-
35 951
microenterprise
-
-
-
-
total
-
-
-
155 599
Employee
27 418
-
199 604
-
surtax
-
-
28 942
-
social contributions

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

3 016
-
12 300
-
income
4 881
-
48 352
-
total
7 897
-
89 594
-
Employer
27 418
-
199 604
-
social contributions

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

6 604
-
26 939
-
surtax
-
-
21 957
-
total
6 604
-
48 896
-
Corporate
214 478
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%.

42 895
49 700
-
-
total
42 895
49 700
-
-
Dividends

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

171 583
198 800
-
-
total
-
-
-
-
Income
248 500
248 500
248 500
248 500
Total tax
57 396
49 700
138 490
155 599
After tax
191 104
198 800
110 010
92 901
Living cost
19 521
19 521
19 521
19 521
Free-cash
171 583
179 279
90 489
73 380

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84965
₽119556
₽92096
₽79214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
94 534
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
117 097
Employee
80 127
80 127
231 062
-
pensions
14 423
10 993
10 993
-
income

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

13 116
13 116
49 637
-
health
12 299
10 461
11 570
-
total
39 838
34 570
72 200
-
Employer
80 127
80 127
231 062
-
health
5 570
5 570
6 921
-
pensions
5 577
5 577
6 932
-
unemployment
2 885
2 885
3 584
-
total
14 032
14 032
17 437
-
Corporate
155 324
154 341
-
-
income
31 065
30 869
-
-
total
31 065
30 869
-
-
Dividends
124 260
123 473
-
-
income
26 405
26 237
-
-
withholding
18 639
18 520
-
-
total
45 044
44 757
-
-
Income
248 500
248 500
248 500
248 500
Total tax
129 979
124 228
89 637
117 097
After tax
118 521
124 272
158 863
131 403
Living cost
39 307
39 307
39 307
39 307
Free-cash
79 214
84 965
119 556
92 096

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98197
₽84087
₽84997
₽97355
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
67 006
national
-
-
-
35 214
pensions
-
-
-
8 881
total
-
-
-
126 019
Employee
53 411
-
222 688
-
municipal
15 927
-
66 406
-
national
-
-
34 711
-
total
15 927
-
101 117
-
Employer
53 411
-
222 688
-
health
3 285
-
5 052
-
pensions
5 774
-
8 881
-
accident
107
-
164
-
unemployment
1 410
-
2 169
-
other
6 206
-
9 546
-
total
16 782
-
25 812
-
Corporate
178 307
248 500
-
-
income
39 228
54 670
-
-
total
39 228
54 670
-
-
Dividends
139 079
193 830
-
-
withholding
41 724
58 149
-
-
total
41 724
58 149
-
-
Income
248 500
248 500
248 500
248 500
Total tax
113 661
112 819
126 929
126 019
After tax
134 839
135 681
121 571
122 481
Living cost
37 484
37 484
37 484
37 484
Free-cash
97 355
98 197
84 087
84 997

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
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.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87062
₽114453
₽80751
₽100244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
248 500
income

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

-
-
-
86 043
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.

-
-
-
4 733
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.

-
-
-
6 410
trade
-
-
-
33 702
total
-
-
-
130 888
Employee

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

47 583
-
248 500
-
surtax

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

224
-
4 733
-
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.

4 088
-
86 043
-
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.

6 410
-
6 410
-
total
10 722
-
97 186
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
200 917
248 500
-
-
income
30 137
37 275
-
-
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.

1 658
2 049
-
-
chamber of commerce
427
495
-
-
trade
33 052
40 877
-
-
total
65 274
80 696
-
-
Dividends
135 643
167 803
-
-
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.

1 845
2 288
-
-
withholding
33 554
41 593
-
-
total
35 399
43 881
-
-
Income
248 500
248 500
248 500
248 500
Total tax
111 395
124 577
97 186
130 888
After tax
137 105
123 923
151 314
117 612
Living cost
36 860
36 860
36 860
36 860
Free-cash
100 244
87 062
114 453
80 751

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150578
₽133288
₽135249
₽146687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 299
social contributions
-
-
-
15 181
health
-
-
-
6 337
total
-
-
-
82 817
Employee
72 151
72 151
236 055
-
social contributions
3 506
5 988
8 077
-
income
7 576
6 679
60 243
-
health
718
1 227
4 013
-
total
11 800
13 894
72 333
-
Employer
72 151
72 151
236 055
-
health
782
1 335
4 368
-
social contributions
3 506
5 988
8 077
-
total
4 288
7 323
12 445
-
Corporate
201 978
169 025
-
-
income
25 247
21 129
-
-
total
25 247
21 129
-
-
Dividends
176 731
147 896
-
-
withholding
30 044
25 142
-
-
total
30 044
25 142
-
-
Income
248 500
248 500
248 500
248 500
Total tax
71 379
67 488
84 778
82 817
After tax
177 121
181 012
163 722
165 683
Living cost
30 434
30 434
30 434
30 434
Free-cash
146 687
150 578
133 288
135 249

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122599
₽127241
₽155331
₽122948
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
207 950
-
unemployment
364
145
3 119
-
pensions
2 428
966
20 795
-
income
2 968
1 181
25 422
-
health
1 699
676
14 556
-
total
7 459
2 968
63 892
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
207 950
-
pensions
4 734
1 884
40 550
-
total
4 734
1 884
40 550
-
Corporate
219 491
236 955
-
-
income
19 754
21 326
-
-
total
19 754
21 326
-
-
Dividends
199 737
215 629
-
-
social contributions
38 838
41 937
-
-
withholding
37 950
40 969
-
-
total
76 788
82 906
-
-
Income
248 500
248 500
248 500
248 500
Total tax
108 735
109 084
104 442
76 352
After tax
139 765
139 416
144 058
172 148
Living cost
16 817
16 817
16 817
16 817
Free-cash
122 948
122 599
127 241
155 331

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176136
₽120567
₽110532
₽170307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 299
health
-
-
-
32 306
pensions
-
-
-
49 699
total
-
-
-
115 304
Employee
26 618
-
185 725
-
unemployment
426
-
2 972
-
pensions
532
-
3 714
-
income
2 997
-
35 808
-
total
3 955
-
42 494
-
Employer
26 618
-
185 725
-
health
3 460
-
24 145
-
pensions
5 324
-
37 145
-
unemployment
214
-
1 485
-
total
8 998
-
62 775
-
Corporate
212 884
248 500
-
-
income
42 576
49 700
-
-
total
42 576
49 700
-
-
Dividends
170 308
198 800
-
-
total
-
-
-
-
Income
248 500
248 500
248 500
248 500
Total tax
55 529
49 700
105 269
115 304
After tax
192 971
198 800
143 231
133 196
Living cost
22 664
22 664
22 664
22 664
Free-cash
170 307
176 136
120 567
110 532

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽820
₽116873
₽148636
₽16916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
72 284
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
78 916
Employee
32 952
-
228 592
-
pensions
3 710
-
7 264
-
income
4 521
-
57 335
-
health
3 773
-
26 173
-
total
12 004
-
90 772
-
Employer
32 952
-
228 592
-
pensions
5 358
-
10 490
-
accident
550
-
3 817
-
unemployment
807
-
5 600
-
total
6 715
-
19 907
-
Corporate
208 832
248 500
-
-
income

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

187 949
223 650
-
-
total
187 949
223 650
-
-
Dividends
20 883
24 850
-
-
withholding
3 968
4 722
-
-
total
3 968
4 722
-
-
Income
248 500
248 500
248 500
248 500
Total tax
210 636
228 372
110 679
78 916
After tax
37 864
20 128
137 821
169 584
Living cost
20 948
20 948
20 948
20 948
Free-cash
16 916
-820
116 873
148 636

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽228514
₽191239
₽238454
₽227096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
248 500
microenterprise

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

-
-
-
2 485
total
-
-
-
2 485
Employee
9 450
-
248 500
-
income
1 890
-
49 700
-
total
1 890
-
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%.

239 050
248 500
-
-
total
-
-
-
-
Dividends
239 050
248 500
-
-
withholding
11 953
12 425
-
-
total
11 953
12 425
-
-
Income
248 500
248 500
248 500
248 500
Total tax
13 843
12 425
49 700
2 485
After tax
234 657
236 075
198 800
246 015
Living cost
7 561
7 561
7 561
7 561
Free-cash
227 096
228 514
191 239
238 454

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157571
₽127904
₽129868
₽151236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 330
other
-
-
-
6 777
health
-
-
-
6 278
pensions

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

-
-
-
34 245
total
-
-
-
93 630
Employee
34 069
-
211 990
-
unemployment
340
-
1 426
-
pensions

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

2 384
-
9 987
-
income
5 865
-
45 674
-
health
477
-
1 998
-
total
9 066
-
59 085
-
Employer
34 069
-
211 990
-
health
477
-
1 998
-
pensions

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

5 792
-
24 257
-
accident
272
-
1 695
-
unemployment
340
-
1 426
-
other
1 704
-
7 133
-
total
8 585
-
36 509
-
Corporate
205 845
248 500
-
-
income
43 228
52 184
-
-
total
43 228
52 184
-
-
Dividends
162 617
196 316
-
-
withholding
11 383
13 743
-
-
total
11 383
13 743
-
-
Income
248 500
248 500
248 500
248 500
Total tax
72 262
65 927
95 594
93 630
After tax
176 238
182 573
152 906
154 870
Living cost
25 002
25 002
25 002
25 002
Free-cash
151 236
157 571
127 904
129 868

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90986
₽73805
₽95835
₽98535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
79 878
pensions
-
-
-
10 101
total
-
-
-
89 979
Employee
88 691
-
216 306
-
pensions
8 556
-
11 814
-
income
15 987
-
65 191
-
health
1 461
-
2 812
-
total
26 004
-
79 817
-
Employer
88 691
-
216 306
-
health
1 684
-
4 110
-
pensions
10 472
-
28 082
-
total
12 156
-
32 192
-
Corporate
147 653
248 500
-
-
income

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

28 055
47 215
-
-
total
28 055
47 215
-
-
Dividends
119 598
201 285
-
-
withholding
21 064
47 613
-
-
total
21 064
47 613
-
-
Income
248 500
248 500
248 500
248 500
Total tax
87 279
94 828
112 009
89 979
After tax
161 221
153 672
136 491
158 521
Living cost
62 686
62 686
62 686
62 686
Free-cash
98 535
90 986
73 805
95 835

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽200168
₽200821
₽190177
₽195812
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
37 275
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
46 024
Employee
16 286
-
242 071
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
24 207
-
health
749
-
1 507
-
total
3 986
-
28 951
-
Employer
16 286
-
242 071
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
229 018
248 500
-
-
income
22 902
24 850
-
-
total
22 902
24 850
-
-
Dividends
206 117
223 650
-
-
withholding
10 306
11 183
-
-
total
10 306
11 183
-
-
Income
248 500
248 500
248 500
248 500
Total tax
40 389
36 033
35 380
46 024
After tax
208 111
212 467
213 120
202 476
Living cost
12 299
12 299
12 299
12 299
Free-cash
195 812
200 168
200 821
190 177

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72242
₽106833
₽79373
₽74603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
94 534
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
117 097
Employee
86 993
80 127
231 062
-
pensions
10 993
10 993
10 993
-
income

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

13 116
13 116
49 637
-
health
10 853
10 461
11 570
-
total
34 962
34 570
72 200
-
Employer
86 993
80 127
231 062
-
health
6 045
5 570
6 921
-
pensions
6 054
5 577
6 932
-
unemployment
3 132
2 885
3 584
-
total
15 231
14 032
17 437
-
Corporate
146 276
154 341
-
-
income
29 255
30 869
-
-
total
29 255
30 869
-
-
Dividends
117 021
123 473
-
-
income
24 866
26 237
-
-
withholding
17 553
18 520
-
-
total
42 419
44 757
-
-
Income
248 500
248 500
248 500
248 500
Total tax
121 867
124 228
89 637
117 097
After tax
126 633
124 272
158 863
131 403
Living cost
52 030
52 030
52 030
52 030
Free-cash
74 603
72 242
106 833
79 373

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148081
₽115449
₽126763
₽139872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 276
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
4 791
health
-
-
-
33 548
total
-
-
-
98 726
Employee
33 839
-
201 974
-
solidarity contribution
-
-
3 776
-
social contributions
2 200
-
7 371
-
income
4 061
-
25 100
-
health
4 568
-
27 266
-
total
10 829
-
63 513
-
Employer
33 839
-
201 974
-
health
3 045
-
18 178
-
social contributions
8 460
-
28 349
-
total
11 505
-
46 527
-
Corporate
203 156
248 500
-
-
income
38 600
47 215
-
-
total
38 600
47 215
-
-
Dividends
164 556
201 285
-
-
withholding
24 683
30 193
-
-
total
24 683
30 193
-
-
Income
248 500
248 500
248 500
248 500
Total tax
85 617
77 408
110 040
98 726
After tax
162 883
171 092
138 460
149 774
Living cost
23 011
23 011
23 011
23 011
Free-cash
139 872
148 081
115 449
126 763

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92991
₽74557
₽82513
₽88092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
social contributions
-
-
-
46 962
regional
-
-
-
3 320
municipal
-
-
-
1 611
national
-
-
-
74 501
total
-
-
-
126 394
Employee
83 391
-
248 500
-
municipal
442
-
1 496
-
national
14 450
-
68 219
-
regional
787
-
3 067
-
social contributions
28 119
-
61 568
-
total
43 798
-
134 350
-
Employer
83 391
-
248 500
-
total
-
-
-
-
Corporate
165 109
248 500
-
-
municipal
6 439
9 692
-
-
nationa
39 626
59 640
-
-
total
46 065
69 332
-
-
Dividends
119 045
179 168
-
-
withholding
30 952
46 584
-
-
total
30 952
46 584
-
-
Income
248 500
248 500
248 500
248 500
Total tax
120 815
115 916
134 350
126 394
After tax
127 685
132 584
114 150
122 106
Living cost
39 593
39 593
39 593
39 593
Free-cash
88 092
92 991
74 557
82 513

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135603
₽90052
₽95789
₽132681
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
83 281
other
-
-
-
-
surtax
-
-
-
14 574
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
132 006
Employee
31 029
-
222 140
-
other
-
-
-
-
unemployment
2 160
-
8 716
-
pensions
2 069
-
8 353
-
surtax
101
-
13 453
-
income
5 201
-
77 668
-
health
792
-
3 193
-
total
10 323
-
111 383
-
Employer
31 029
-
222 140
-
health
1 412
-
5 698
-
pensions
4 136
-
16 693
-
unemployment
983
-
3 969
-
other
-
-
-
-
total
6 531
-
26 360
-
Corporate
210 940
248 500
-
-
income
54 845
64 609
-
-
total
54 845
64 609
-
-
Dividends
156 095
183 891
-
-
withholding
23 415
27 583
-
-
total
23 415
27 583
-
-
Income
248 500
248 500
248 500
248 500
Total tax
95 114
92 192
137 743
132 006
After tax
153 386
156 308
110 757
116 494
Living cost
20 705
20 705
20 705
20 705
Free-cash
132 681
135 603
90 052
95 789

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110847
₽93666
₽115696
₽117038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
79 878
pensions
-
-
-
10 101
total
-
-
-
89 979
Employee
59 438
-
216 306
-
pensions
5 045
-
11 814
-
income
10 705
-
65 191
-
health
863
-
2 812
-
total
16 613
-
79 817
-
Employer
59 438
-
216 306
-
health
1 129
-
4 110
-
pensions
6 434
-
28 082
-
total
7 563
-
32 192
-
Corporate
181 498
248 500
-
-
income

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

34 485
47 215
-
-
total
34 485
47 215
-
-
Dividends
147 013
201 285
-
-
withholding
29 976
47 613
-
-
total
29 976
47 613
-
-
Income
248 500
248 500
248 500
248 500
Total tax
88 637
94 828
112 009
89 979
After tax
159 863
153 672
136 491
158 521
Living cost
42 825
42 825
42 825
42 825
Free-cash
117 038
110 847
93 666
115 696

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽39547
₽113295
₽120600
₽71245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
other

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

-
-
-
4 970
regional
-
-
-
14 859
health
-
-
-
559
city
-
-
-
2 620
national
-
-
-
7 944
pensions
-
-
-
22 862
total
-
-
-
53 814
Employee
86 700
-
224 409
-
unemployment
-
-
-
-
pensions
7 284
-
16 631
-
national
410
-
6 596
-
regional
2 839
-
13 327
-
city
930
-
2 437
-
health
196
-
504
-
total
11 659
-
39 495
-
Employer
86 700
-
224 409
-
health
196
-
504
-
pensions
7 284
-
16 631
-
unemployment
-
-
-
-
other

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

1 733
-
4 489
-
total
9 213
-
21 624
-
Corporate
151 634
248 500
-
-
regional
32 070
52 557
-
-
national
12 890
21 123
-
-
total
44 960
73 680
-
-
Dividends
106 674
174 820
-
-
withholding
37 337
61 187
-
-
total
37 337
61 187
-
-
Income
248 500
248 500
248 500
248 500
Total tax
103 169
134 867
61 119
53 814
After tax
145 331
113 633
187 381
194 686
Living cost
74 086
74 086
74 086
74 086
Free-cash
71 245
39 547
113 295
120 600

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽79660
₽108330
₽73193
₽94874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
248 500
income

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

-
-
-
86 043
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.

-
-
-
4 733
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.

-
-
-
6 410
trade
-
-
-
35 137
total
-
-
-
132 323
Employee

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

56 390
-
248 500
-
surtax

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

365
-
4 733
-
income

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

6 631
-
86 043
-
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.

6 410
-
6 410
-
total
13 406
-
97 186
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 110
248 500
-
-
income
28 816
37 275
-
-
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.

1 585
2 049
-
-
chamber of commerce
413
491
-
-
trade
32 947
42 617
-
-
total
63 761
82 432
-
-
Dividends
128 350
166 067
-
-
surtax

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

1 745
2 263
-
-
withholding
31 730
41 161
-
-
total
33 475
43 424
-
-
Income
248 500
248 500
248 500
248 500
Total tax
110 642
125 856
97 186
132 323
After tax
137 858
122 644
151 314
116 177
Living cost
42 984
42 984
42 984
42 984
Free-cash
94 874
79 660
108 330
73 193

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93142
₽90983
₽100637
₽98682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 493
other
-
-
-
7 703
surtax
-
-
-
-
social contributions
-
-
-
7 081
health
-
-
-
13 105
pensions
-
-
-
36 378
total
-
-
-
115 760
Employee
40 158
-
187 913
-
pensions
4 541
-
14 897
-
surtax
-
-
-
-
social contributions
1 145
-
5 353
-
income
2 370
-
44 577
-
total
8 056
-
64 827
-
Employer
40 158
-
187 913
-
health
2 812
-
19 552
-
pensions
6 597
-
24 751
-
unemployment
1 626
-
7 610
-
social contributions
121
-
564
-
other
1 385
-
8 110
-
total
12 541
-
60 587
-
Corporate
195 801
248 500
-
-
income
54 825
69 581
-
-
surtax
-
-
-
-
total
54 825
69 581
-
-
Dividends
140 976
178 919
-
-
surtax
-
-
-
-
social contributions
24 248
30 772
-
-
withholding
18 045
22 902
-
-
total
42 293
53 674
-
-
Income
248 500
248 500
248 500
248 500
Total tax
117 715
123 255
125 414
115 760
After tax
130 785
125 245
123 086
132 740
Living cost
32 103
32 103
32 103
32 103
Free-cash
98 682
93 142
90 983
100 637

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96323
₽94164
₽103818
₽101537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 493
other
-
-
-
7 703
surtax
-
-
-
-
social contributions
-
-
-
7 081
health
-
-
-
13 105
pensions
-
-
-
36 378
total
-
-
-
115 760
Employee
35 847
-
187 913
-
pensions
4 054
-
14 897
-
surtax
-
-
-
-
social contributions
1 022
-
5 353
-
income
1 848
-
44 577
-
total
6 924
-
64 827
-
Employer
35 847
-
187 913
-
health
2 509
-
19 552
-
pensions
5 890
-
24 751
-
unemployment
1 451
-
7 610
-
social contributions
107
-
564
-
other
1 238
-
8 110
-
total
11 195
-
60 587
-
Corporate
201 459
248 500
-
-
income
56 408
69 581
-
-
surtax
-
-
-
-
total
56 408
69 581
-
-
Dividends
145 051
178 919
-
-
surtax
-
-
-
-
social contributions
24 948
30 772
-
-
withholding
18 566
22 902
-
-
total
43 514
53 674
-
-
Income
248 500
248 500
248 500
248 500
Total tax
118 041
123 255
125 414
115 760
After tax
130 459
125 245
123 086
132 740
Living cost
28 922
28 922
28 922
28 922
Free-cash
101 537
96 323
94 164
103 818

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131712
₽71581
₽139691
₽132198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
34 293
health
-
-
-
17 345
total
-
-
-
88 913
Employee
31 814
-
248 500
-
social contributions
4 391
-
34 293
-
income
5 306
-
105 385
-
health
2 220
-
17 345
-
total
11 917
-
157 023
-
Employer
31 814
-
248 500
-
total
-
-
-
-
Corporate
216 686
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%.

10 835
12 425
-
-
total
10 835
12 425
-
-
Dividends
205 851
236 075
-
-
social contributions
28 408
32 578
-
-
withholding
30 878
35 411
-
-
health
14 368
16 478
-
-
total
73 654
84 467
-
-
Income
248 500
248 500
248 500
248 500
Total tax
96 406
96 892
157 023
88 913
After tax
152 094
151 608
91 477
159 587
Living cost
19 896
19 896
19 896
19 896
Free-cash
132 198
131 712
71 581
139 691

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103637
₽31106
₽93634
₽102186
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
86 206
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
994
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
121 804
Employee
46 892
37 393
209 478
-
other
468
374
1 097
-
unemployment
1 407
1 122
3 289
-
pensions
4 802
3 828
11 225
-
income
5 338
2 758
73 979
-
health
1 814
1 448
4 241
-
total
13 829
9 530
93 831
-
Employer
46 892
37 393
209 478
-
chamber of commerce
187
150
839
-
health
1 772
1 414
4 143
-
pensions
5 885
4 694
13 757
-
accident
609
486
1 424
-
unemployment
1 407
1 122
3 289
-
surtax
185
185
185
-
payroll
1 407
1 122
6 284
-
other
2 228
1 775
9 101
-
total
13 680
10 948
39 022
-
Corporate
187 929
200 160
205 917
-
income

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

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

46 983
50 040
51 479
-
total
46 983
50 040
51 479
-
Dividends
140 946
150 120
-
-
withholding
38 760
41 283
-
-
total
38 760
41 283
-
-
Income
248 500
248 500
248 500
248 500
Total tax
113 252
111 801
184 332
121 804
After tax
135 248
136 699
64 168
126 696
Living cost
33 062
33 062
33 062
33 062
Free-cash
102 186
103 637
31 106
93 634

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100069
₽48633
₽74060
₽90522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
communal

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

-
-
-
13 506
social contributions
-
-
-
23 393
national
-
-
-
103 329
total
-
-
-
140 228
Employee

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

67 117
-
192 471
-
unemployment

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

584
-
1 674
-
communal

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

3 501
-
10 039
-
pensions

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

5 034
-
14 435
-
national
20 635
-
74 433
-
health

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

3 153
-
9 045
-
total
32 907
-
109 626
-
Employer

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

67 117
-
192 471
-
health

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

4 127
-
11 837
-
pensions

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

5 947
-
17 053
-
accident

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

872
-
2 502
-
unemployment

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

979
-
2 810
-
surtax
7 610
-
21 827
-
total
19 535
-
56 029
-
Corporate
161 846
248 500
-
-
income
32 370
56 039
-
-
surtax
648
1 120
-
-
total
33 018
57 159
-
-
Dividends
128 828
191 341
-
-
withholding

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

38 306
57 060
-
-
total
38 306
57 060
-
-
Income
248 500
248 500
248 500
248 500
Total tax
123 766
114 219
165 655
140 228
After tax
124 734
134 281
82 845
108 272
Living cost
34 212
34 212
34 212
34 212
Free-cash
90 522
100 069
48 633
74 060

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽130751
₽100702
₽104639
₽124324
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
83 884
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
109 975
Employee
46 707
-
220 774
-
other
46
-
87
-
unemployment
725
-
1 348
-
pensions
2 195
-
4 088
-
income
9 855
-
80 663
-
total
12 821
-
86 186
-
Employer
46 707
-
220 774
-
pensions
11 022
-
20 525
-
accident
924
-
1 722
-
unemployment
2 569
-
4 783
-
other
372
-
696
-
total
14 887
-
27 726
-
Corporate
186 906
248 500
-
-
income

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

28 036
37 275
-
-
total
28 036
37 275
-
-
Dividends
158 870
211 225
-
-
withholding
34 546
46 588
-
-
total
34 546
46 588
-
-
Income
248 500
248 500
248 500
248 500
Total tax
90 290
83 863
113 912
109 975
After tax
158 210
164 637
134 588
138 525
Living cost
33 886
33 886
33 886
33 886
Free-cash
124 324
130 751
100 702
104 639

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86459
₽72293
₽65835
₽73554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
communal
-
-
-
15 705
accident
-
-
-
1 868
income
-
-
-
52 574
surtax
-
-
-
12 751
health
-
-
-
15 568
pensions
-
-
-
33 208
total
-
-
-
131 674
Employee
71 057
-
221 972
-
pensions
5 684
-
17 758
-
surtax
4 355
-
13 604
-
income
6 863
-
57 447
-
health
3 162
-
9 879
-
total
20 064
-
98 688
-
Employer
71 057
-
221 972
-
health
2 167
-
6 772
-
pensions
5 684
-
17 758
-
accident
639
-
1 998
-
total
8 490
-
26 528
-
Corporate
168 953
248 500
-
-
communal
11 405
16 773
-
-
income
25 343
37 275
-
-
surtax
1 773
2 609
-
-
total
38 521
56 657
-
-
Dividends
130 431
191 843
-
-
income
37 315
25 617
-
-
withholding
19 565
28 776
-
-
total
56 880
54 393
-
-
Income
248 500
248 500
248 500
248 500
Total tax
123 955
111 050
125 216
131 674
After tax
124 545
137 450
123 284
116 826
Living cost
50 991
50 991
50 991
50 991
Free-cash
73 554
86 459
72 293
65 835

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135233
₽89682
₽95419
₽132247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
83 281
other
-
-
-
-
surtax
-
-
-
14 574
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
132 006
Employee
31 599
-
222 140
-
other
-
-
-
-
unemployment
2 199
-
8 716
-
pensions
2 108
-
8 353
-
surtax
112
-
13 453
-
income
5 297
-
77 668
-
health
807
-
3 193
-
total
10 523
-
111 383
-
Employer
31 599
-
222 140
-
health
1 437
-
5 698
-
pensions
4 213
-
16 693
-
unemployment
1 002
-
3 969
-
other
-
-
-
-
total
6 652
-
26 360
-
Corporate
210 249
248 500
-
-
income
54 665
64 609
-
-
total
54 665
64 609
-
-
Dividends
155 584
183 891
-
-
withholding
23 338
27 583
-
-
total
23 338
27 583
-
-
Income
248 500
248 500
248 500
248 500
Total tax
95 178
92 192
137 743
132 006
After tax
153 322
156 308
110 757
116 494
Living cost
21 075
21 075
21 075
21 075
Free-cash
132 247
135 233
89 682
95 419

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105341
₽88146
₽96059
₽103258
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
social contributions
-
-
-
46 962
regional
-
-
-
4 091
municipal
-
-
-
1 611
national
-
-
-
74 501
total
-
-
-
127 165
Employee
52 049
-
248 500
-
municipal
276
-
1 496
-
national
8 246
-
68 219
-
regional
701
-
3 795
-
social contributions
17 551
-
61 568
-
total
26 774
-
135 078
-
Employer
52 049
-
248 500
-
total
-
-
-
-
Corporate
196 451
248 500
-
-
municipal
9 763
12 350
-
-
nationa
47 149
59 640
-
-
total
56 912
71 990
-
-
Dividends
139 539
176 510
-
-
withholding
36 280
45 893
-
-
total
36 280
45 893
-
-
Income
248 500
248 500
248 500
248 500
Total tax
119 966
117 883
135 078
127 165
After tax
128 534
130 617
113 422
121 335
Living cost
25 276
25 276
25 276
25 276
Free-cash
103 258
105 341
88 146
96 059

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142737
₽110105
₽121419
₽132621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 276
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
4 791
health
-
-
-
33 548
total
-
-
-
98 726
Employee
41 699
-
201 974
-
solidarity contribution
-
-
3 776
-
social contributions
2 710
-
7 371
-
income
5 004
-
25 100
-
health
5 629
-
27 266
-
total
13 343
-
63 513
-
Employer
41 699
-
201 974
-
health
3 753
-
18 178
-
social contributions
10 425
-
28 349
-
total
14 178
-
46 527
-
Corporate
192 624
248 500
-
-
income
36 599
47 215
-
-
total
36 599
47 215
-
-
Dividends
156 025
201 285
-
-
withholding
23 404
30 193
-
-
total
23 404
30 193
-
-
Income
248 500
248 500
248 500
248 500
Total tax
87 524
77 408
110 040
98 726
After tax
160 976
171 092
138 460
149 774
Living cost
28 355
28 355
28 355
28 355
Free-cash
132 621
142 737
110 105
121 419

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106864
₽34276
₽96946
₽106402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
86 206
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
994
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
121 619
Employee
41 016
37 393
209 651
-
other
410
374
1 097
-
unemployment
1 230
1 122
3 289
-
pensions
4 200
3 828
11 225
-
income
3 654
2 758
74 066
-
health
1 587
1 448
4 241
-
total
11 081
9 530
93 918
-
Employer
41 016
37 393
209 651
-
chamber of commerce
164
150
839
-
health
1 551
1 414
4 143
-
pensions
5 148
4 694
13 757
-
accident
532
486
1 424
-
unemployment
1 230
1 122
3 289
-
surtax
-
-
-
-
payroll
1 230
1 122
6 289
-
other
1 948
1 775
9 108
-
total
11 803
10 763
38 849
-
Corporate
195 680
200 345
206 089
-
income

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

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

48 920
50 087
51 522
-
total
48 920
50 087
51 522
-
Dividends
146 760
150 258
-
-
withholding
40 359
41 321
-
-
total
40 359
41 321
-
-
Income
248 500
248 500
248 500
248 500
Total tax
112 163
111 701
184 289
121 619
After tax
136 337
136 799
64 211
126 881
Living cost
29 935
29 935
29 935
29 935
Free-cash
106 402
106 864
34 276
96 946

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽224293
₽187018
₽234233
₽222083
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
248 500
microenterprise

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

-
-
-
2 485
total
-
-
-
2 485
Employee
14 727
-
248 500
-
income
2 946
-
49 700
-
total
2 946
-
49 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

233 773
248 500
-
-
total
-
-
-
-
Dividends
233 773
248 500
-
-
withholding
11 689
12 425
-
-
total
11 689
12 425
-
-
Income
248 500
248 500
248 500
248 500
Total tax
14 635
12 425
49 700
2 485
After tax
233 865
236 075
198 800
246 015
Living cost
11 782
11 782
11 782
11 782
Free-cash
222 083
224 293
187 018
234 233

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145926
₽80860
₽86256
₽138077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
66 872
unemployment
-
-
-
372
health
-
-
-
24 451
pensions
-
-
-
45 382
total
-
-
-
137 077
Employee

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

41 492
-
215 021
-
unemployment
59
-
301
-
pensions
6 432
-
33 328
-
income
7 155
-
61 475
-
health
2 680
-
13 891
-
total
16 326
-
108 995
-
Employer

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

41 492
-
215 021
-
health
2 764
-
14 321
-
pensions
3 672
-
19 029
-
unemployment
25
-
128
-
total
6 461
-
33 478
-
Corporate
200 548
248 500
-
-
income
38 103
47 215
-
-
total
38 103
47 215
-
-
Dividends
162 445
201 285
-
-
withholding
24 366
30 192
-
-
total
24 366
30 192
-
-
Income
248 500
248 500
248 500
248 500
Total tax
85 256
77 407
142 473
137 077
After tax
163 244
171 093
106 027
111 423
Living cost
25 167
25 167
25 167
25 167
Free-cash
138 077
145 926
80 860
86 256

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111107
₽196200
₽131653
₽66925
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
Corporate
110 000
248 500
-
-
income
24 200
54 670
-
-
total
24 200
54 670
-
-
Dividends
85 800
193 830
-
-
income
18 876
42 643
-
-
total
18 876
42 643
-
-
Income
248 500
248 500
248 500
248 500
Total tax
141 495
97 313
12 220
76 767
After tax
107 005
151 187
236 280
171 733
Living cost
40 080
40 080
40 080
40 080
Free-cash
66 925
111 107
196 200
131 653

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111915
₽77511
₽98312
₽110971
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 402
surtax
-
-
-
-
social contributions

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

-
-
-
86 354
total
-
-
-
120 756
Employee
43 155
-
200 808
-
surtax
-
-
906
-
social contributions
4 747
-
22 088
-
income
8 976
-
70 871
-
total
13 723
-
93 865
-
Employer
43 155
-
200 808
-
social contributions
10 249
-
47 692
-
total
10 249
-
47 692
-
Corporate
195 096
248 500
-
-
income
40 970
52 184
-
-
surtax
-
-
-
-
total
40 970
52 184
-
-
Dividends
154 126
196 316
-
-
withholding
43 155
54 969
-
-
total
43 155
54 969
-
-
Income
248 500
248 500
248 500
248 500
Total tax
108 097
107 153
141 557
120 756
After tax
140 403
141 347
106 943
127 744
Living cost
29 432
29 432
29 432
29 432
Free-cash
110 971
111 915
77 511
98 312

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79926
₽77767
₽87421
₽86377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 493
other
-
-
-
7 703
surtax
-
-
-
-
social contributions
-
-
-
7 081
health
-
-
-
13 105
pensions
-
-
-
36 378
total
-
-
-
115 760
Employee
58 768
-
187 913
-
pensions
6 647
-
14 897
-
surtax
-
-
-
-
social contributions
1 674
-
5 353
-
income
5 128
-
44 577
-
total
13 449
-
64 827
-
Employer
58 768
-
187 913
-
health
4 113
-
19 552
-
pensions
9 656
-
24 751
-
unemployment
2 381
-
7 610
-
social contributions
176
-
564
-
other
2 028
-
8 110
-
total
18 354
-
60 587
-
Corporate
171 378
248 500
-
-
income
47 986
69 581
-
-
surtax
-
-
-
-
total
47 986
69 581
-
-
Dividends
123 392
178 919
-
-
surtax
-
-
-
-
social contributions
21 221
30 772
-
-
withholding
15 794
22 902
-
-
total
37 015
53 674
-
-
Income
248 500
248 500
248 500
248 500
Total tax
116 804
123 255
125 414
115 760
After tax
131 696
125 245
123 086
132 740
Living cost
45 319
45 319
45 319
45 319
Free-cash
86 377
79 926
77 767
87 421

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
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.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽195445
₽158542
₽151939
₽192293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 686
social contributions
-
-
-
54 670
total
-
-
-
68 356
Employee
30 166
-
215 151
-
income
-
-
14 419
-
social contributions
1 960
-
13 985
-
total
1 960
-
28 404
-
Employer
30 166
-
215 151
-
social contributions
4 676
-
33 349
-
total
4 676
-
33 349
-
Corporate
213 659
248 500
-
-
income
21 366
24 850
-
-
total
21 366
24 850
-
-
Dividends
192 293
223 650
-
-
total
-
-
-
-
Income
248 500
248 500
248 500
248 500
Total tax
28 002
24 850
61 753
68 356
After tax
220 498
223 650
186 747
180 144
Living cost
28 205
28 205
28 205
28 205
Free-cash
192 293
195 445
158 542
151 939

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44074
₽44074
₽96565
₽21872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
labour market
-
-
-
19 815
municipal
-
-
-
54 235
national
-
-
-
31 885
pensions
-
-
-
813
total
-
-
-
106 748
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
44 074
-
-
-
income
9 696
-
-
-
total
9 696
-
-
-
Dividends
34 378
-
-
-
withholding
12 506
-
-
-
total
12 506
-
-
-
Income
248 500
248 500
248 500
248 500
Total tax
181 441
159 239
159 239
106 748
After tax
67 059
89 261
89 261
141 752
Living cost
45 187
45 187
45 187
45 187
Free-cash
21 872
44 074
44 074
96 565

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽511
₽117182
₽148945
₽16962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
72 284
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
78 916
Employee
32 466
-
228 592
-
pensions
3 656
-
7 264
-
income
4 454
-
57 335
-
health
3 718
-
26 173
-
total
11 828
-
90 772
-
Employer
32 466
-
228 592
-
pensions
5 279
-
10 490
-
accident
542
-
3 817
-
unemployment
796
-
5 600
-
total
6 617
-
19 907
-
Corporate
209 417
248 500
-
-
income

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

188 475
223 650
-
-
total
188 475
223 650
-
-
Dividends
20 942
24 850
-
-
withholding
3 979
4 722
-
-
total
3 979
4 722
-
-
Income
248 500
248 500
248 500
248 500
Total tax
210 899
228 372
110 679
78 916
After tax
37 601
20 128
137 821
169 584
Living cost
20 639
20 639
20 639
20 639
Free-cash
16 962
-511
117 182
148 945

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113163
₽83697
₽112165
₽117418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
248 500
health
-
-
-
3 435
municipal
-
-
-
44 111
national
-
-
-
52 765
total
-
-
-
100 311
Employee
49 366
-
209 052
-
municipal
8 086
-
34 017
-
unemployment
741
-
3 136
-
pensions
3 332
-
14 111
-
national
816
-
35 239
-
health
369
-
2 828
-
total
13 344
-
89 331
-
Employer
49 366
-
209 052
-
health
379
-
1 610
-
pensions
8 565
-
36 271
-
accident
50
-
208
-
unemployment
321
-
1 359
-
total
9 315
-
39 448
-
Corporate
189 819
248 500
-
-
income
37 964
49 700
-
-
total
37 964
49 700
-
-
Dividends

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

113 891
149 100
-
-
municipal
20 500
26 837
-
-
national
13 935
22 776
-
-
total
34 435
49 613
-
-
Income
248 500
248 500
248 500
248 500
Total tax
95 058
99 313
128 779
100 311
After tax
153 442
149 187
119 721
148 189
Living cost
36 024
36 024
36 024
36 024
Free-cash
117 418
113 163
83 697
112 165

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159288
₽141998
₽143959
₽154183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 299
social contributions
-
-
-
15 181
health
-
-
-
6 337
total
-
-
-
82 817
Employee
72 151
72 151
236 055
-
social contributions
2 728
5 988
8 077
-
income
7 856
6 679
60 243
-
health
559
1 227
4 013
-
total
11 143
13 894
72 333
-
Employer
72 151
72 151
236 055
-
health
607
1 335
4 368
-
social contributions
2 728
5 988
8 077
-
total
3 335
7 323
12 445
-
Corporate
212 298
169 025
-
-
income
26 536
21 129
-
-
total
26 536
21 129
-
-
Dividends
185 761
147 896
-
-
withholding
31 579
25 142
-
-
total
31 579
25 142
-
-
Income
248 500
248 500
248 500
248 500
Total tax
72 593
67 488
84 778
82 817
After tax
175 907
181 012
163 722
165 683
Living cost
21 724
21 724
21 724
21 724
Free-cash
154 183
159 288
141 998
143 959

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽190887
₽179420
₽198241
₽186112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 970
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
35 362
Employee

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

21 537
-
239 330
-
unemployment
107
-
445
-
pensions
3 230
-
13 355
-
income
1 473
-
23 645
-
health
1 830
-
7 568
-
total
6 640
-
45 013
-
Employer

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

21 537
-
239 330
-
health
926
-
3 828
-
pensions
1 184
-
4 897
-
unemployment
107
-
445
-
total
2 217
-
9 170
-
Corporate
224 746
248 500
-
-
income
20 228
22 364
-
-
total
20 228
22 364
-
-
Dividends
204 518
226 136
-
-
withholding
18 406
20 352
-
-
total
18 406
20 352
-
-
Income
248 500
248 500
248 500
248 500
Total tax
47 491
42 716
54 183
35 362
After tax
201 009
205 784
194 317
213 138
Living cost
14 897
14 897
14 897
14 897
Free-cash
186 112
190 887
179 420
198 241

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138835
₽108786
₽112723
₽134692
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
83 884
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
109 975
Employee
34 695
-
220 774
-
other
34
-
87
-
unemployment
538
-
1 348
-
pensions
1 631
-
4 088
-
income
6 689
-
80 663
-
total
8 892
-
86 186
-
Employer
34 695
-
220 774
-
pensions
8 187
-
20 525
-
accident
687
-
1 722
-
unemployment
1 909
-
4 783
-
other
278
-
696
-
total
11 061
-
27 726
-
Corporate
202 744
248 500
-
-
income

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

30 411
37 275
-
-
total
30 411
37 275
-
-
Dividends
172 333
211 225
-
-
withholding
37 642
46 588
-
-
total
37 642
46 588
-
-
Income
248 500
248 500
248 500
248 500
Total tax
88 006
83 863
113 912
109 975
After tax
160 494
164 637
134 588
138 525
Living cost
25 802
25 802
25 802
25 802
Free-cash
134 692
138 835
108 786
112 723

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153164
₽158374
₽158509
₽152852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
85 700
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
88 091
Employee
2 894
-
246 941
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
85 627
-
health
145
-
347
-
total
994
-
86 667
-
Employer
2 894
-
246 941
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
244 954
248 500
-
-
income
53 890
54 670
-
-
total
53 890
54 670
-
-
Dividends
191 064
193 830
-
-
withholding
38 213
38 766
-
-
total
38 213
38 766
-
-
Income
248 500
248 500
248 500
248 500
Total tax
93 748
93 436
88 226
88 091
After tax
154 752
155 064
160 274
160 409
Living cost
1 900
1 900
1 900
1 900
Free-cash
152 852
153 164
158 374
158 509

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163345
₽147929
₽147929
₽158737
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 213
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
84 375
Employee

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

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

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

24 423
-
236 111
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
58 213
-
health
1 258
-
3 564
-
total
8 227
-
71 986
-
Employer

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

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

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

24 423
-
236 111
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
219 705
248 500
-
-
income
32 956
37 275
-
-
total
32 956
37 275
-
-
Dividends
186 749
211 225
-
-
withholding
28 012
31 684
-
-
total
28 012
31 684
-
-
Income
248 500
248 500
248 500
248 500
Total tax
73 567
68 959
84 375
84 375
After tax
174 933
179 541
164 125
164 125
Living cost
16 196
16 196
16 196
16 196
Free-cash
158 737
163 345
147 929
147 929

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116051
₽81647
₽102448
₽115714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 402
surtax
-
-
-
-
social contributions

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

-
-
-
86 354
total
-
-
-
120 756
Employee
36 418
-
200 808
-
surtax
-
-
906
-
social contributions
4 006
-
22 088
-
income
7 116
-
70 871
-
total
11 122
-
93 865
-
Employer
36 418
-
200 808
-
social contributions
8 648
-
47 692
-
total
8 648
-
47 692
-
Corporate
203 434
248 500
-
-
income
42 720
52 184
-
-
surtax
-
-
-
-
total
42 720
52 184
-
-
Dividends
160 713
196 316
-
-
withholding
45 000
54 969
-
-
total
45 000
54 969
-
-
Income
248 500
248 500
248 500
248 500
Total tax
107 490
107 153
141 557
120 756
After tax
141 010
141 347
106 943
127 744
Living cost
25 296
25 296
25 296
25 296
Free-cash
115 714
116 051
81 647
102 448

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131661
₽101612
₽105549
₽125521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
83 884
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
109 975
Employee
45 316
-
220 774
-
other
45
-
87
-
unemployment
702
-
1 348
-
pensions
2 130
-
4 088
-
income
9 465
-
80 663
-
total
12 342
-
86 186
-
Employer
45 316
-
220 774
-
pensions
10 694
-
20 525
-
accident
897
-
1 722
-
unemployment
2 493
-
4 783
-
other
363
-
696
-
total
14 447
-
27 726
-
Corporate
188 736
248 500
-
-
income

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

28 310
37 275
-
-
total
28 310
37 275
-
-
Dividends
160 426
211 225
-
-
withholding
34 904
46 588
-
-
total
34 904
46 588
-
-
Income
248 500
248 500
248 500
248 500
Total tax
90 003
83 863
113 912
109 975
After tax
158 497
164 637
134 588
138 525
Living cost
32 976
32 976
32 976
32 976
Free-cash
125 521
131 661
101 612
105 549

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽196330
₽196983
₽186339
₽190613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
37 275
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
46 024
Employee
21 368
-
242 071
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
24 207
-
health
983
-
1 507
-
total
5 231
-
28 951
-
Employer
21 368
-
242 071
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
222 940
248 500
-
-
income
22 294
24 850
-
-
total
22 294
24 850
-
-
Dividends
200 645
223 650
-
-
withholding
10 032
11 183
-
-
total
10 032
11 183
-
-
Income
248 500
248 500
248 500
248 500
Total tax
41 750
36 033
35 380
46 024
After tax
206 750
212 467
213 120
202 476
Living cost
16 137
16 137
16 137
16 137
Free-cash
190 613
196 330
196 983
186 339

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91530
₽115089
₽85689
₽103804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
248 500
income

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

-
-
-
86 043
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.

-
-
-
4 733
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.

-
-
-
6 410
trade
-
-
-
29 400
total
-
-
-
126 586
Employee

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

46 686
-
248 500
-
surtax

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

212
-
4 733
-
income

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

3 839
-
86 043
-
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.

6 410
-
6 410
-
total
10 461
-
97 186
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
201 814
248 500
-
-
income
30 272
37 275
-
-
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.

1 665
2 049
-
-
chamber of commerce
438
507
-
-
trade
28 960
35 660
-
-
total
61 335
75 491
-
-
Dividends
140 479
173 007
-
-
surtax

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

1 912
2 359
-
-
withholding
34 763
42 895
-
-
total
36 675
45 254
-
-
Income
248 500
248 500
248 500
248 500
Total tax
108 471
120 745
97 186
126 586
After tax
140 029
127 755
151 314
121 914
Living cost
36 225
36 225
36 225
36 225
Free-cash
103 804
91 530
115 089
85 689

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120499
₽67771
₽67771
₽122572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
83 892
social contributions
-
-
-
43 387
total
-
-
-
127 279
Employee
73 396
-
248 500
-
income
13 850
-
83 892
-
social contributions
6 098
-
43 387
-
total
19 948
-
127 279
-
Employer
73 396
-
248 500
-
total
-
-
-
-
Corporate
175 104
248 500
-
-
income
21 887
31 063
-
-
total
21 887
31 063
-
-
Dividends
153 216
217 437
-
-
withholding
30 643
43 488
-
-
total
30 643
43 488
-
-
Income
248 500
248 500
248 500
248 500
Total tax
72 478
74 551
127 279
127 279
After tax
176 022
173 949
121 221
121 221
Living cost
53 450
53 450
53 450
53 450
Free-cash
122 572
120 499
67 771
67 771

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122506
₽137549
₽171477
₽125785
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 687
total
-
-
-
42 962
Employee
43 044
-
244 184
-
income
4 671
-
68 258
-
social contributions
4 313
-
4 316
-
total
8 984
-
72 574
-
Employer
43 044
-
244 184
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
201 143
248 500
-
-
income
70 400
86 976
-
-
total
70 400
86 976
-
-
Dividends
130 744
161 524
-
-
social contributions
4 957
4 957
-
-
total
4 957
4 957
-
-
Income
248 500
248 500
248 500
248 500
Total tax
88 654
91 933
76 890
42 962
After tax
159 846
156 567
171 610
205 538
Living cost
34 061
34 061
34 061
34 061
Free-cash
125 785
122 506
137 549
171 477

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118856
₽101676
₽123705
₽124408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
income
-
-
-
79 878
pensions
-
-
-
10 101
total
-
-
-
89 979
Employee
47 789
-
216 306
-
pensions
3 648
-
11 814
-
income
8 703
-
65 191
-
health
623
-
2 812
-
total
12 974
-
79 817
-
Employer
47 789
-
216 306
-
health
908
-
4 110
-
pensions
4 828
-
28 082
-
total
5 736
-
32 192
-
Corporate
194 974
248 500
-
-
income

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

37 045
47 215
-
-
total
37 045
47 215
-
-
Dividends
157 930
201 285
-
-
withholding
33 522
47 613
-
-
total
33 522
47 613
-
-
Income
248 500
248 500
248 500
248 500
Total tax
89 277
94 828
112 009
89 979
After tax
159 223
153 672
136 491
158 521
Living cost
34 815
34 815
34 815
34 815
Free-cash
124 408
118 856
101 676
123 705

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
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.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2554
₽115139
₽146902
₽16649
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
72 284
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
78 916
Employee
35 680
-
228 592
-
pensions
4 018
-
7 264
-
income
4 895
-
57 335
-
health
4 085
-
26 173
-
total
12 998
-
90 772
-
Employer
35 680
-
228 592
-
pensions
5 801
-
10 490
-
accident
596
-
3 817
-
unemployment
874
-
5 600
-
total
7 271
-
19 907
-
Corporate
205 549
248 500
-
-
income

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

184 994
223 650
-
-
total
184 994
223 650
-
-
Dividends
20 555
24 850
-
-
withholding
3 906
4 722
-
-
total
3 906
4 722
-
-
Income
248 500
248 500
248 500
248 500
Total tax
209 169
228 372
110 679
78 916
After tax
39 331
20 128
137 821
169 584
Living cost
22 682
22 682
22 682
22 682
Free-cash
16 649
-2 554
115 139
146 902

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177425
₽172956
₽152320
₽174587
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
248 500
income
-
-
-
42 230
unemployment
-
-
-
1 801
work injury
-
-
-
750
health insurance
-
-
-
11 106
pensions
-
-
-
27 616
total
-
-
-
83 503
Employee

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

20 283
-
248 500
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
42 230
-
total
7 605
-
62 867
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
228 217
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%.

22 822
24 850
-
-
total
22 822
24 850
-
-
Dividends
205 395
223 650
-
-
withholding
30 809
33 548
-
-
total
30 809
33 548
-
-
Income
248 500
248 500
248 500
248 500
Total tax
61 236
58 398
62 867
83 503
After tax
187 264
190 102
185 633
164 997
Living cost
12 677
12 677
12 677
12 677
Free-cash
174 587
177 425
172 956
152 320

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93512
₽73739
₽81444
₽89244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
248 500
social contributions
-
-
-
46 962
regional
-
-
-
6 399
municipal
-
-
-
1 814
national
-
-
-
74 501
total
-
-
-
129 676
Employee
79 067
-
248 500
-
municipal
472
-
1 683
-
national
13 362
-
68 219
-
regional
1 194
-
5 911
-
social contributions
26 661
-
61 568
-
total
41 689
-
137 381
-
Employer
79 067
-
248 500
-
total
-
-
-
-
Corporate
169 433
248 500
-
-
municipal
8 166
11 978
-
-
nationa
40 664
59 640
-
-
total
48 830
71 618
-
-
Dividends
120 603
176 882
-
-
withholding
31 357
45 990
-
-
total
31 357
45 990
-
-
Income
248 500
248 500
248 500
248 500
Total tax
121 876
117 608
137 381
129 676
After tax
126 624
130 892
111 119
118 824
Living cost
37 380
37 380
37 380
37 380
Free-cash
89 244
93 512
73 739
81 444

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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