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
₽ 249500
per

Your estimated
City
free-cash

Dresden , Germany
₽94990
₽106212
₽90324
₽122190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 500
trade
-
-
-
31 866
income

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

-
-
-
84 971
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.

-
-
-
6 932
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.

-
-
-
4 673
total
-
-
-
128 442
Employee

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

38 810
-
249 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 932
-
6 932
-
surtax

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

60
-
4 673
-
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.

1 084
-
84 971
-
total
8 076
-
96 576
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
210 690
249 500
-
-
surtax

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

1 739
2 058
-
-
income
31 604
37 425
-
-
trade
33 183
39 297
-
-
chamber of commerce
456
512
-
-
total
66 982
79 292
-
-
Dividends
143 708
170 207
-
-
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.

1 954
2 318
-
-
withholding
35 542
42 166
-
-
total
37 496
44 484
-
-
Income
249 500
249 500
249 500
249 500
Total tax
112 554
123 776
96 576
128 442
After tax
136 946
125 724
152 924
121 058
Living cost
30 734
30 734
30 734
30 734
Free-cash
106 212
94 990
122 190
90 324

Estimated living cost  is ₽30734 per week

₽19333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104562
₽103713
₽89366
₽90705
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
municipal
-
-
-
27 841
pensions
-
-
-
29 940
national
-
-
-
48 545
social contributions
-
-
-
2 682
total
-
-
-
109 008
Employee
79 255
-
215 691
-
municipal
9 789
-
28 807
-
pensions
3 170
-
8 628
-
national
15 169
-
50 660
-
total
28 128
-
88 095
-
Employer
79 255
-
215 691
-
social contributions
852
-
2 319
-
pensions
6 340
-
17 255
-
total
7 192
-
19 574
-
Corporate
157 822
249 500
-
-
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%.

31 564
49 900
-
-
total
31 564
49 900
-
-
Dividends
126 258
199 600
-
-
withholding
27 777
43 912
-
-
total
27 777
43 912
-
-
Income
249 500
249 500
249 500
249 500
Total tax
94 661
93 812
107 669
109 008
After tax
154 839
155 688
141 831
140 492
Living cost
51 126
51 126
51 126
51 126
Free-cash
103 713
104 562
90 705
89 366

Estimated living cost  is ₽51126 per week

₽34750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178489
₽170167
₽71069
₽88482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 500
microenterprise
-
-
-
-
income
-
-
-
54 822
surtax
-
-
-
63 622
social contributions

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

-
-
-
38 877
total
-
-
-
157 321
Employee
29 650
-
198 530
-
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.

3 262
-
13 302
-
surtax
-
-
28 787
-
income
5 278
-
46 849
-
total
8 540
-
88 938
-
Employer
29 650
-
198 530
-
social contributions

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

7 142
-
29 132
-
surtax
-
-
21 838
-
total
7 142
-
50 970
-
Corporate
212 708
249 500
-
-
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%.

42 541
49 901
-
-
total
42 541
49 901
-
-
Dividends

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

170 167
199 599
-
-
total
-
-
-
-
Income
249 500
249 500
249 500
249 500
Total tax
58 223
49 901
139 908
157 321
After tax
191 277
199 599
109 592
92 179
Living cost
21 110
21 110
21 110
21 110
Free-cash
170 167
178 489
88 482
71 069

Estimated living cost  is ₽21110 per week

₽13467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82074
₽75858
₽90313
₽117023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
92 280
pensions
-
-
-
11 888
health
-
-
-
12 512
total
-
-
-
116 680
Employee
86 650
86 650
230 643
-
health
13 300
11 313
12 512
-
income

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

14 183
14 183
46 713
-
pensions
15 597
11 888
11 888
-
total
43 080
37 384
71 113
-
Employer
86 650
86 650
230 643
-
unemployment
3 119
3 119
3 876
-
pensions
6 031
6 031
7 496
-
health
6 023
6 023
7 485
-
total
15 173
15 173
18 857
-
Corporate
148 739
147 677
-
-
income
29 748
29 536
-
-
total
29 748
29 536
-
-
Dividends
118 992
118 140
-
-
income
25 286
25 105
-
-
withholding
17 848
17 721
-
-
total
43 134
42 826
-
-
Income
249 500
249 500
249 500
249 500
Total tax
131 135
124 919
89 970
116 680
After tax
118 365
124 581
159 530
132 820
Living cost
42 507
42 507
42 507
42 507
Free-cash
75 858
82 074
117 023
90 313

Estimated living cost  is ₽42507 per week

₽30123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97122
₽96245
₽84269
₽83320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
municipal
-
-
-
66 997
accident
-
-
-
171
pensions
-
-
-
9 265
other
-
-
-
9 959
unemployment
-
-
-
86
health
-
-
-
5 348
national
-
-
-
34 300
total
-
-
-
126 126
Employee
55 722
-
222 571
-
municipal
16 616
-
66 371
-
national
-
-
33 775
-
total
16 616
-
100 146
-
Employer
55 722
-
222 571
-
accident
111
-
171
-
other
6 475
-
9 959
-
unemployment
1 471
-
2 263
-
pensions
6 023
-
9 265
-
health
3 427
-
5 271
-
total
17 507
-
26 929
-
Corporate
176 271
249 500
-
-
income
38 780
54 890
-
-
total
38 780
54 890
-
-
Dividends
137 491
194 610
-
-
withholding
41 247
58 383
-
-
total
41 247
58 383
-
-
Income
249 500
249 500
249 500
249 500
Total tax
114 150
113 273
127 075
126 126
After tax
135 350
136 227
122 425
123 374
Living cost
39 105
39 105
39 105
39 105
Free-cash
96 245
97 122
83 320
84 269

Estimated living cost  is ₽39105 per week

₽25918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84579
₽98835
₽79782
₽113063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 500
trade
-
-
-
33 281
income

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

-
-
-
84 971
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.

-
-
-
6 932
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.

-
-
-
4 673
total
-
-
-
129 857
Employee

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

51 457
-
249 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 932
-
6 932
-
surtax

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

243
-
4 673
-
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.

4 421
-
84 971
-
total
11 596
-
96 576
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
198 043
249 500
-
-
surtax

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

1 633
2 058
-
-
income
29 706
37 425
-
-
trade
32 579
41 043
-
-
chamber of commerce
435
508
-
-
total
64 353
81 034
-
-
Dividends
133 691
168 465
-
-
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.

1 818
2 295
-
-
withholding
33 037
41 731
-
-
total
34 855
44 026
-
-
Income
249 500
249 500
249 500
249 500
Total tax
110 804
125 060
96 576
129 857
After tax
138 696
124 440
152 924
119 643
Living cost
39 861
39 861
39 861
39 861
Free-cash
98 835
84 579
113 063
79 782

Estimated living cost  is ₽39861 per week

₽26659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148870
₽144664
₽134079
₽132077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
59 731
health
-
-
-
6 362
social contributions
-
-
-
16 417
total
-
-
-
82 510
Employee
78 025
78 025
236 393
-
social contributions
3 791
6 476
8 734
-
health
776
1 327
4 019
-
income
8 193
7 223
58 652
-
total
12 760
15 026
71 405
-
Employer
78 025
78 025
236 393
-
social contributions
3 791
6 476
8 734
-
health
845
1 444
4 373
-
total
4 636
7 920
13 107
-
Corporate
199 191
163 556
-
-
income
24 899
20 444
-
-
total
24 899
20 444
-
-
Dividends
174 292
143 112
-
-
withholding
29 630
24 329
-
-
total
29 630
24 329
-
-
Income
249 500
249 500
249 500
249 500
Total tax
71 925
67 719
84 512
82 510
After tax
177 575
181 781
164 988
166 990
Living cost
32 911
32 911
32 911
32 911
Free-cash
144 664
148 870
132 077
134 079

Estimated living cost  is ₽32911 per week

₽22498
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.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121533
₽121917
₽154365
₽126161
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
30 501
pensions
-
-
-
24 950
unemployment
-
-
-
3 743
health
-
-
-
17 465
total
-
-
-
76 659
Employee

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

The minimum wage is 138,000 HUF per month.

26 671
10 615
208 787
-
health
1 867
743
14 615
-
income
3 260
1 298
25 524
-
pensions
2 667
1 061
20 879
-
unemployment
400
159
3 132
-
total
8 194
3 261
64 150
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 671
10 615
208 787
-
pensions
5 201
2 070
40 713
-
total
5 201
2 070
40 713
-
Corporate
217 629
236 816
-
-
income
19 587
21 313
-
-
total
19 587
21 313
-
-
Dividends
198 042
215 502
-
-
social contributions
38 497
41 902
-
-
withholding
37 628
40 945
-
-
total
76 125
82 847
-
-
Income
249 500
249 500
249 500
249 500
Total tax
109 107
109 491
104 863
76 659
After tax
140 393
140 009
144 637
172 841
Living cost
18 476
18 476
18 476
18 476
Free-cash
121 917
121 533
126 161
154 365

Estimated living cost  is ₽18476 per week

₽12608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175091
₽168789
₽109224
₽119300
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
33 433
pensions
-
-
-
49 901
health
-
-
-
32 434
total
-
-
-
115 768
Employee
28 785
-
186 471
-
income
3 241
-
35 952
-
pensions
576
-
3 730
-
unemployment
460
-
2 983
-
total
4 277
-
42 665
-
Employer
28 785
-
186 471
-
unemployment
231
-
1 492
-
pensions
5 757
-
37 294
-
health
3 741
-
24 241
-
total
9 729
-
63 027
-
Corporate
210 985
249 500
-
-
income
42 197
49 901
-
-
total
42 197
49 901
-
-
Dividends
168 788
199 599
-
-
total
-
-
-
-
Income
249 500
249 500
249 500
249 500
Total tax
56 203
49 901
105 692
115 768
After tax
193 297
199 599
143 808
133 732
Living cost
24 508
24 508
24 508
24 508
Free-cash
168 789
175 091
119 300
109 224

Estimated living cost  is ₽24508 per week

₽16810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1895
₽16821
₽148194
₽115967
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
accident
-
-
-
254
income
-
-
-
72 204
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
79 202
Employee
34 771
-
228 996
-
health
3 981
-
26 220
-
income
4 770
-
57 039
-
pensions
3 915
-
7 666
-
total
12 666
-
90 925
-
Employer
34 771
-
228 996
-
accident
580
-
3 824
-
unemployment
852
-
5 610
-
pensions
5 654
-
11 070
-
total
7 086
-
20 504
-
Corporate
207 642
249 500
-
-
income

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

186 878
224 550
-
-
total
186 878
224 550
-
-
Dividends
20 764
24 950
-
-
withholding
3 945
4 741
-
-
total
3 945
4 741
-
-
Income
249 500
249 500
249 500
249 500
Total tax
210 575
229 291
111 429
79 202
After tax
38 925
20 209
138 071
170 298
Living cost
22 104
22 104
22 104
22 104
Free-cash
16 821
-1 895
115 967
148 194

Estimated living cost  is ₽22104 per week

₽16201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽227763
₽226027
₽237743
₽190338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
249 500
microenterprise

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

-
-
-
2 495
total
-
-
-
2 495
Employee
11 577
-
249 500
-
income
2 315
-
49 900
-
total
2 315
-
49 900
-
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%.

237 923
249 500
-
-
total
-
-
-
-
Dividends
237 923
249 500
-
-
withholding
11 896
12 475
-
-
total
11 896
12 475
-
-
Income
249 500
249 500
249 500
249 500
Total tax
14 211
12 475
49 900
2 495
After tax
235 289
237 025
199 600
247 005
Living cost
9 262
9 262
9 262
9 262
Free-cash
226 027
227 763
190 338
237 743

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156272
₽149416
₽126019
₽124009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
45 293
pensions

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

-
-
-
37 032
other
-
-
-
7 329
health
-
-
-
6 790
total
-
-
-
96 444
Employee
36 842
-
210 170
-
health
516
-
2 160
-
income
6 343
-
44 623
-
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.

2 578
-
10 800
-
unemployment
368
-
1 542
-
total
9 805
-
59 125
-
Employer
36 842
-
210 170
-
accident
295
-
1 681
-
other
1 843
-
7 714
-
unemployment
368
-
1 542
-
pensions

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

6 264
-
26 232
-
health
516
-
2 160
-
total
9 286
-
39 329
-
Corporate
203 373
249 500
-
-
income
42 709
52 394
-
-
total
42 709
52 394
-
-
Dividends
160 664
197 106
-
-
withholding
11 247
13 797
-
-
total
11 247
13 797
-
-
Income
249 500
249 500
249 500
249 500
Total tax
73 047
66 191
98 454
96 444
After tax
176 453
183 309
151 046
153 056
Living cost
27 037
27 037
27 037
27 037
Free-cash
149 416
156 272
124 009
126 019

Estimated living cost  is ₽27037 per week

₽19103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87385
₽95629
₽91776
₽69576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
78 650
pensions
-
-
-
10 595
total
-
-
-
89 245
Employee
96 888
-
217 312
-
health
1 597
-
2 882
-
income
17 465
-
63 848
-
pensions
9 347
-
12 527
-
total
28 409
-
79 257
-
Employer
96 888
-
217 312
-
pensions
11 440
-
28 059
-
health
1 840
-
4 129
-
total
13 280
-
32 188
-
Corporate
139 332
249 500
-
-
income

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

26 474
47 405
-
-
total
26 474
47 405
-
-
Dividends
112 858
202 095
-
-
withholding
17 229
46 231
-
-
total
17 229
46 231
-
-
Income
249 500
249 500
249 500
249 500
Total tax
85 392
93 636
111 445
89 245
After tax
164 108
155 864
138 055
160 255
Living cost
68 479
68 479
68 479
68 479
Free-cash
95 629
87 385
69 576
91 776

Estimated living cost  is ₽68479 per week

₽51313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽200010
₽195291
₽189292
₽199839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
37 425
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
46 895
Employee
17 628
-
242 542
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
24 255
-
pensions

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

1 548
-
3 114
-
total
4 316
-
29 390
-
Employer
17 628
-
242 542
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
228 413
249 500
-
-
income
22 842
24 950
-
-
total
22 842
24 950
-
-
Dividends
205 571
224 550
-
-
withholding
10 279
11 227
-
-
total
10 279
11 227
-
-
Income
249 500
249 500
249 500
249 500
Total tax
40 896
36 177
36 348
46 895
After tax
208 604
213 323
213 152
202 605
Living cost
13 313
13 313
13 313
13 313
Free-cash
195 291
200 010
199 839
189 292

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68315
₽70866
₽76554
₽103264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
92 280
pensions
-
-
-
11 888
health
-
-
-
12 512
total
-
-
-
116 680
Employee
94 074
86 650
230 643
-
health
11 736
11 313
12 512
-
income

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

14 183
14 183
46 713
-
pensions
11 888
11 888
11 888
-
total
37 807
37 384
71 113
-
Employer
94 074
86 650
230 643
-
unemployment
3 387
3 119
3 876
-
pensions
6 547
6 031
7 496
-
health
6 537
6 023
7 485
-
total
16 471
15 173
18 857
-
Corporate
138 955
147 677
-
-
income
27 792
29 536
-
-
total
27 792
29 536
-
-
Dividends
111 163
118 140
-
-
income
23 623
25 105
-
-
withholding
16 675
17 721
-
-
total
40 298
42 826
-
-
Income
249 500
249 500
249 500
249 500
Total tax
122 368
124 919
89 970
116 680
After tax
127 132
124 581
159 530
132 820
Living cost
56 266
56 266
56 266
56 266
Free-cash
70 866
68 315
103 264
76 554

Estimated living cost  is ₽56266 per week

₽41505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147455
₽138775
₽125099
₽113875
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
27 122
health
-
-
-
33 683
solidarity contribution
-
-
-
4 265
social contributions
-
-
-
35 005
total
-
-
-
100 075
Employee
35 774
-
201 404
-
social contributions
2 325
-
7 792
-
health
4 830
-
27 190
-
solidarity contribution
-
-
3 258
-
income
4 293
-
24 963
-
total
11 448
-
63 203
-
Employer
35 774
-
201 404
-
social contributions
8 944
-
29 970
-
health
3 220
-
18 126
-
total
12 164
-
48 096
-
Corporate
201 563
249 500
-
-
income
38 297
47 405
-
-
total
38 297
47 405
-
-
Dividends
163 266
202 095
-
-
withholding
24 490
30 314
-
-
total
24 490
30 314
-
-
Income
249 500
249 500
249 500
249 500
Total tax
86 399
77 719
111 299
100 075
After tax
163 101
171 781
138 201
149 425
Living cost
24 326
24 326
24 326
24 326
Free-cash
138 775
147 455
113 875
125 099

Estimated living cost  is ₽24326 per week

₽16897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽90303
₽85004
₽78754
₽70156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
municipal
-
-
-
1 591
regional
-
-
-
3 257
national
-
-
-
72 297
social contributions
-
-
-
50 785
total
-
-
-
127 930
Employee
90 179
-
249 500
-
social contributions
30 408
-
66 580
-
regional
851
-
2 981
-
municipal
478
-
1 463
-
national
15 626
-
65 504
-
total
47 363
-
136 528
-
Employer
90 179
-
249 500
-
total
-
-
-
-
Corporate
159 321
249 500
-
-
nationa
38 238
59 879
-
-
municipal
6 214
9 730
-
-
total
44 452
69 609
-
-
Dividends
114 869
179 891
-
-
withholding
29 865
46 772
-
-
total
29 865
46 772
-
-
Income
249 500
249 500
249 500
249 500
Total tax
121 680
116 381
136 528
127 930
After tax
127 820
133 119
112 972
121 570
Living cost
42 816
42 816
42 816
42 816
Free-cash
85 004
90 303
70 156
78 754

Estimated living cost  is ₽42816 per week

₽29846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134544
₽131387
₽94742
₽88537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
81 407
pensions
-
-
-
27 085
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 614
surtax
-
-
-
14 030
total
-
-
-
132 367
Employee
33 555
-
220 994
-
other
-
-
-
-
health
857
-
3 453
-
surtax
110
-
12 817
-
income
5 625
-
75 337
-
pensions
2 237
-
9 033
-
unemployment
2 336
-
9 426
-
total
11 165
-
110 066
-
Employer
33 555
-
220 994
-
other
-
-
-
-
unemployment
1 063
-
4 292
-
pensions
4 473
-
18 052
-
health
1 527
-
6 162
-
total
7 063
-
28 506
-
Corporate
208 882
249 500
-
-
income
54 308
64 870
-
-
total
54 308
64 870
-
-
Dividends
154 574
184 630
-
-
withholding
23 186
27 695
-
-
total
23 186
27 695
-
-
Income
249 500
249 500
249 500
249 500
Total tax
95 722
92 565
138 572
132 367
After tax
153 778
156 935
110 928
117 133
Living cost
22 391
22 391
22 391
22 391
Free-cash
131 387
134 544
88 537
94 742

Estimated living cost  is ₽22391 per week

₽13691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109081
₽115846
₽113472
₽91272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
78 650
pensions
-
-
-
10 595
total
-
-
-
89 245
Employee
64 932
-
217 312
-
health
943
-
2 882
-
income
11 695
-
63 848
-
pensions
5 511
-
12 527
-
total
18 149
-
79 257
-
Employer
64 932
-
217 312
-
pensions
7 029
-
28 059
-
health
1 233
-
4 129
-
total
8 262
-
32 188
-
Corporate
176 306
249 500
-
-
income

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

33 498
47 405
-
-
total
33 498
47 405
-
-
Dividends
142 808
202 095
-
-
withholding
26 962
46 231
-
-
total
26 962
46 231
-
-
Income
249 500
249 500
249 500
249 500
Total tax
86 871
93 636
111 445
89 245
After tax
162 629
155 864
138 055
160 255
Living cost
46 783
46 783
46 783
46 783
Free-cash
115 846
109 081
91 272
113 472

Estimated living cost  is ₽46783 per week

₽35050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽36764
₽69850
₽118885
₽111155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
city
-
-
-
2 629
pensions
-
-
-
22 954
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.

-
-
-
4 991
regional
-
-
-
14 633
health
-
-
-
562
national
-
-
-
7 520
total
-
-
-
53 289
Employee
90 491
-
225 104
-
city
971
-
2 443
-
regional
2 963
-
13 100
-
health
205
-
506
-
pensions
7 602
-
16 909
-
unemployment
-
-
-
-
national
428
-
6 144
-
total
12 169
-
39 102
-
Employer
90 491
-
225 104
-
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.

1 809
-
4 502
-
unemployment
-
-
-
-
pensions
7 602
-
16 909
-
health
205
-
506
-
total
9 616
-
21 917
-
Corporate
148 398
249 500
-
-
regional
31 387
52 770
-
-
national
12 613
21 207
-
-
total
44 000
73 977
-
-
Dividends
104 398
175 523
-
-
withholding
36 539
61 433
-
-
total
36 539
61 433
-
-
Income
249 500
249 500
249 500
249 500
Total tax
102 324
135 410
61 019
53 289
After tax
147 176
114 090
188 481
196 211
Living cost
77 326
77 326
77 326
77 326
Free-cash
69 850
36 764
111 155
118 885

Estimated living cost  is ₽77326 per week

₽50284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽949
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽76672
₽93126
₽71742
₽106441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 500
trade
-
-
-
34 699
income

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

-
-
-
84 971
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.

-
-
-
6 932
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.

-
-
-
4 673
total
-
-
-
131 275
Employee

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

60 981
-
249 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 932
-
6 932
-
surtax

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

395
-
4 673
-
income

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

7 171
-
84 971
-
total
14 498
-
96 576
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
188 519
249 500
-
-
surtax

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

1 556
2 058
-
-
income
28 279
37 425
-
-
trade
32 330
42 790
-
-
chamber of commerce
420
504
-
-
total
62 585
82 777
-
-
Dividends
125 935
166 722
-
-
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.

1 710
2 272
-
-
withholding
31 098
41 296
-
-
total
32 808
43 568
-
-
Income
249 500
249 500
249 500
249 500
Total tax
109 891
126 345
96 576
131 275
After tax
139 609
123 155
152 924
118 225
Living cost
46 483
46 483
46 483
46 483
Free-cash
93 126
76 672
106 441
71 742

Estimated living cost  is ₽46483 per week

₽33950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91035
₽97026
₽99973
₽91319
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
49 465
pensions
-
-
-
37 743
other
-
-
-
7 735
health
-
-
-
12 759
surtax
-
-
-
-
social contributions
-
-
-
7 109
total
-
-
-
114 811
Employee
43 427
-
189 382
-
social contributions
1 238
-
5 395
-
surtax
-
-
-
-
income
2 563
-
43 243
-
pensions
4 910
-
14 709
-
total
8 711
-
63 347
-
Employer
43 427
-
189 382
-
other
1 498
-
8 044
-
social contributions
131
-
568
-
unemployment
1 758
-
7 669
-
pensions
7 134
-
24 490
-
health
3 040
-
19 347
-
total
13 561
-
60 118
-
Corporate
192 511
249 500
-
-
surtax
-
-
-
-
income
53 904
69 859
-
-
total
53 904
69 859
-
-
Dividends
138 607
179 641
-
-
surtax
-
-
-
-
social contributions
23 840
30 897
-
-
withholding
17 742
22 993
-
-
total
41 582
53 890
-
-
Income
249 500
249 500
249 500
249 500
Total tax
117 758
123 749
123 465
114 811
After tax
131 742
125 751
126 035
134 689
Living cost
34 716
34 716
34 716
34 716
Free-cash
97 026
91 035
91 319
99 973

Estimated living cost  is ₽34716 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94475
₽100111
₽103413
₽94759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
49 465
pensions
-
-
-
37 743
other
-
-
-
7 735
health
-
-
-
12 759
surtax
-
-
-
-
social contributions
-
-
-
7 109
total
-
-
-
114 811
Employee
38 765
-
189 382
-
social contributions
1 105
-
5 395
-
surtax
-
-
-
-
income
1 999
-
43 243
-
pensions
4 384
-
14 709
-
total
7 488
-
63 347
-
Employer
38 765
-
189 382
-
other
1 338
-
8 044
-
social contributions
116
-
568
-
unemployment
1 569
-
7 669
-
pensions
6 370
-
24 490
-
health
2 713
-
19 347
-
total
12 106
-
60 118
-
Corporate
198 629
249 500
-
-
surtax
-
-
-
-
income
55 616
69 859
-
-
total
55 616
69 859
-
-
Dividends
143 013
179 641
-
-
surtax
-
-
-
-
social contributions
24 597
30 897
-
-
withholding
18 306
22 993
-
-
total
42 903
53 890
-
-
Income
249 500
249 500
249 500
249 500
Total tax
118 113
123 749
123 465
114 811
After tax
131 387
125 751
126 035
134 689
Living cost
31 276
31 276
31 276
31 276
Free-cash
100 111
94 475
94 759
103 413

Estimated living cost  is ₽31276 per week

₽18139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130702
₽131229
₽138713
₽131488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
37 425
health
-
-
-
17 415
social contributions
-
-
-
34 431
total
-
-
-
89 271
Employee
34 404
-
249 500
-
social contributions
4 748
-
34 431
-
health
2 401
-
17 415
-
income
5 738
-
44 650
-
total
12 887
-
96 496
-
Employer
34 404
-
249 500
-
total
-
-
-
-
Corporate
215 096
249 500
-
-
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%.

10 754
12 476
-
-
total
10 754
12 476
-
-
Dividends
204 342
237 024
-
-
health
14 263
16 544
-
-
social contributions
28 200
32 709
-
-
withholding
30 651
35 553
-
-
total
73 114
84 806
-
-
Income
249 500
249 500
249 500
249 500
Total tax
96 755
97 282
96 496
89 271
After tax
152 745
152 218
153 004
160 229
Living cost
21 516
21 516
21 516
21 516
Free-cash
131 229
130 702
131 488
138 713

Estimated living cost  is ₽21516 per week

₽14399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101619
₽100050
₽91719
₽29156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
chamber of commerce
-
-
-
997
income
-
-
-
83 610
pensions
-
-
-
21 930
unemployment
-
-
-
6 223
health
-
-
-
9 067
surtax
-
-
-
200
total
-
-
-
122 027
Employee
50 709
40 437
208 611
-
other
506
404
1 186
-
health
1 962
1 565
4 587
-
income
5 773
2 983
71 042
-
pensions
5 193
4 140
12 139
-
unemployment
1 521
1 213
3 557
-
total
14 955
10 305
92 511
-
Employer
50 709
40 437
208 611
-
accident
659
526
1 540
-
other
2 409
1 920
9 143
-
chamber of commerce
202
162
834
-
unemployment
1 521
1 213
3 557
-
surtax
200
200
200
-
pensions
6 364
5 076
14 877
-
payroll
1 521
1 213
6 258
-
health
1 916
1 529
4 481
-
total
14 792
11 839
40 890
-
Corporate
183 998
197 225
204 760
-
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.

46 000
49 306
51 189
-
total
46 000
49 306
51 189
-
Dividends
137 999
147 919
-
-
withholding
37 949
40 677
-
-
total
37 949
40 677
-
-
Income
249 500
249 500
249 500
249 500
Total tax
113 696
112 127
184 590
122 027
After tax
135 804
137 373
64 910
127 473
Living cost
35 754
35 754
35 754
35 754
Free-cash
100 050
101 619
29 156
91 719

Estimated living cost  is ₽35754 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98735
₽87175
₽71627
₽46893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
national
-
-
-
102 126
communal

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

-
-
-
13 452
social contributions
-
-
-
25 298
total
-
-
-
140 876
Employee

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

72 581
-
193 247
-
communal

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

3 786
-
10 080
-
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.

3 410
-
9 083
-
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.

5 444
-
14 494
-
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.

632
-
1 681
-
national
22 314
-
74 018
-
total
35 586
-
109 356
-
Employer

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

72 581
-
193 247
-
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.

944
-
2 513
-
unemployment

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

1 059
-
2 821
-
surtax
8 230
-
21 913
-
pensions

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

6 431
-
17 122
-
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.

4 463
-
11 885
-
total
21 127
-
56 254
-
Corporate
155 792
249 500
-
-
surtax
624
1 101
-
-
income
31 157
55 025
-
-
total
31 781
56 126
-
-
Dividends
124 010
193 374
-
-
withholding

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

36 834
57 642
-
-
total
36 834
57 642
-
-
Income
249 500
249 500
249 500
249 500
Total tax
125 328
113 768
165 610
140 876
After tax
124 172
135 732
83 890
108 624
Living cost
36 997
36 997
36 997
36 997
Free-cash
87 175
98 735
46 893
71 627

Estimated living cost  is ₽36997 per week

₽23831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128810
₽121859
₽102581
₽98324
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
accident
-
-
-
847
income
-
-
-
82 059
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
110 274
Employee
50 509
-
219 517
-
other
50
-
94
-
income
10 657
-
78 575
-
pensions
2 374
-
4 421
-
unemployment
784
-
1 458
-
total
13 865
-
84 548
-
Employer
50 509
-
219 517
-
accident
999
-
1 862
-
other
402
-
753
-
unemployment
2 779
-
5 172
-
pensions
11 919
-
22 196
-
total
16 099
-
29 983
-
Corporate
182 892
249 500
-
-
income

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

27 433
37 425
-
-
total
27 433
37 425
-
-
Dividends
155 458
212 075
-
-
withholding
33 599
46 620
-
-
total
33 599
46 620
-
-
Income
249 500
249 500
249 500
249 500
Total tax
90 996
84 045
114 531
110 274
After tax
158 504
165 455
134 969
139 226
Living cost
36 645
36 645
36 645
36 645
Free-cash
121 859
128 810
98 324
102 581

Estimated living cost  is ₽36645 per week

₽26985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84292
₽70339
₽61354
₽70212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
accident
-
-
-
2 031
income
-
-
-
49 667
pensions
-
-
-
36 106
health
-
-
-
16 926
surtax
-
-
-
12 506
communal
-
-
-
15 768
total
-
-
-
133 004
Employee
76 841
-
222 868
-
health
3 420
-
9 917
-
surtax
4 710
-
13 658
-
income
7 422
-
56 110
-
pensions
6 146
-
17 829
-
total
21 698
-
97 514
-
Employer
76 841
-
222 868
-
accident
691
-
2 006
-
pensions
6 146
-
17 829
-
health
2 343
-
6 797
-
total
9 180
-
26 632
-
Corporate
163 478
249 500
-
-
surtax
1 716
2 621
-
-
communal
11 035
16 841
-
-
income
24 522
37 425
-
-
total
37 273
56 887
-
-
Dividends
126 205
192 613
-
-
income
36 938
24 288
-
-
withholding
18 930
28 891
-
-
total
55 868
53 179
-
-
Income
249 500
249 500
249 500
249 500
Total tax
124 019
110 066
124 146
133 004
After tax
125 481
139 434
125 354
116 496
Living cost
55 142
55 142
55 142
55 142
Free-cash
70 339
84 292
70 212
61 354

Estimated living cost  is ₽55142 per week

₽41365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134144
₽130916
₽94342
₽88137
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
81 407
pensions
-
-
-
27 085
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 614
surtax
-
-
-
14 030
total
-
-
-
132 367
Employee
34 171
-
220 994
-
other
-
-
-
-
health
872
-
3 453
-
surtax
121
-
12 817
-
income
5 729
-
75 337
-
pensions
2 280
-
9 033
-
unemployment
2 378
-
9 426
-
total
11 380
-
110 066
-
Employer
34 171
-
220 994
-
other
-
-
-
-
unemployment
1 084
-
4 292
-
pensions
4 556
-
18 052
-
health
1 554
-
6 162
-
total
7 194
-
28 506
-
Corporate
208 135
249 500
-
-
income
54 116
64 870
-
-
total
54 116
64 870
-
-
Dividends
154 019
184 630
-
-
withholding
23 103
27 695
-
-
total
23 103
27 695
-
-
Income
249 500
249 500
249 500
249 500
Total tax
95 793
92 565
138 572
132 367
After tax
153 707
156 935
110 928
117 133
Living cost
22 791
22 791
22 791
22 791
Free-cash
130 916
134 144
88 137
94 342

Estimated living cost  is ₽22791 per week

₽13760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103810
₽101557
₽93461
₽84907
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
municipal
-
-
-
1 591
regional
-
-
-
4 033
national
-
-
-
72 297
social contributions
-
-
-
50 785
total
-
-
-
128 706
Employee
56 286
-
249 500
-
social contributions
18 980
-
66 580
-
regional
758
-
3 713
-
municipal
298
-
1 463
-
national
8 917
-
65 504
-
total
28 953
-
137 260
-
Employer
56 286
-
249 500
-
total
-
-
-
-
Corporate
193 214
249 500
-
-
nationa
46 371
59 879
-
-
municipal
9 603
12 401
-
-
total
55 974
72 280
-
-
Dividends
137 240
177 220
-
-
withholding
35 683
46 077
-
-
total
35 683
46 077
-
-
Income
249 500
249 500
249 500
249 500
Total tax
120 610
118 357
137 260
128 706
After tax
128 890
131 143
112 240
120 794
Living cost
27 333
27 333
27 333
27 333
Free-cash
101 557
103 810
84 907
93 461

Estimated living cost  is ₽27333 per week

₽16999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141804
₽131111
₽119448
₽108224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
27 122
health
-
-
-
33 683
solidarity contribution
-
-
-
4 265
social contributions
-
-
-
35 005
total
-
-
-
100 075
Employee
44 083
-
201 404
-
social contributions
2 865
-
7 792
-
health
5 951
-
27 190
-
solidarity contribution
-
-
3 258
-
income
5 290
-
24 963
-
total
14 106
-
63 203
-
Employer
44 083
-
201 404
-
social contributions
11 021
-
29 970
-
health
3 967
-
18 126
-
total
14 988
-
48 096
-
Corporate
190 429
249 500
-
-
income
36 181
47 405
-
-
total
36 181
47 405
-
-
Dividends
154 247
202 095
-
-
withholding
23 137
30 314
-
-
total
23 137
30 314
-
-
Income
249 500
249 500
249 500
249 500
Total tax
88 412
77 719
111 299
100 075
After tax
161 088
171 781
138 201
149 425
Living cost
29 977
29 977
29 977
29 977
Free-cash
131 111
141 804
108 224
119 448

Estimated living cost  is ₽29977 per week

₽22292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105108
₽104606
₽95301
₽32585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
chamber of commerce
-
-
-
997
income
-
-
-
83 610
pensions
-
-
-
21 930
unemployment
-
-
-
6 223
health
-
-
-
9 067
surtax
-
-
-
-
total
-
-
-
121 827
Employee
44 355
40 437
208 796
-
other
443
404
1 186
-
health
1 716
1 565
4 587
-
income
3 951
2 983
71 134
-
pensions
4 542
4 140
12 139
-
unemployment
1 331
1 213
3 557
-
total
11 983
10 305
92 603
-
Employer
44 355
40 437
208 796
-
accident
576
526
1 540
-
other
2 107
1 920
9 150
-
chamber of commerce
177
162
836
-
unemployment
1 331
1 213
3 557
-
surtax
-
-
-
-
pensions
5 567
5 076
14 877
-
payroll
1 331
1 213
6 264
-
health
1 677
1 529
4 481
-
total
12 766
11 639
40 705
-
Corporate
192 381
197 425
204 945
-
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.

48 095
49 356
51 235
-
total
48 095
49 356
51 235
-
Dividends
144 286
148 069
-
-
withholding
39 678
40 720
-
-
total
39 678
40 720
-
-
Income
249 500
249 500
249 500
249 500
Total tax
112 522
112 020
184 543
121 827
After tax
136 978
137 480
64 957
127 673
Living cost
32 372
32 372
32 372
32 372
Free-cash
104 606
105 108
32 585
95 301

Estimated living cost  is ₽32372 per week

₽19419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽222592
₽219886
₽232572
₽185167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
249 500
microenterprise

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

-
-
-
2 495
total
-
-
-
2 495
Employee
18 041
-
249 500
-
income
3 608
-
49 900
-
total
3 608
-
49 900
-
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%.

231 459
249 500
-
-
total
-
-
-
-
Dividends
231 459
249 500
-
-
withholding
11 573
12 475
-
-
total
11 573
12 475
-
-
Income
249 500
249 500
249 500
249 500
Total tax
15 181
12 475
49 900
2 495
After tax
234 319
237 025
199 600
247 005
Living cost
14 433
14 433
14 433
14 433
Free-cash
219 886
222 592
185 167
232 572

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽144565
₽136078
₽86379
₽80962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 500
income
-
-
-
65 416
pensions
-
-
-
45 564
unemployment
-
-
-
374
health
-
-
-
24 551
total
-
-
-
135 905
Employee

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

44 870
-
215 887
-
health
2 898
-
13 947
-
income
7 738
-
59 999
-
pensions
6 955
-
33 462
-
unemployment
64
-
302
-
total
17 655
-
107 710
-
Employer

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

44 870
-
215 887
-
unemployment
27
-
129
-
pensions
3 970
-
19 105
-
health
2 988
-
14 378
-
total
6 985
-
33 612
-
Corporate
197 644
249 500
-
-
income
37 552
47 405
-
-
total
37 552
47 405
-
-
Dividends
160 092
202 095
-
-
withholding
24 014
30 314
-
-
total
24 014
30 314
-
-
Income
249 500
249 500
249 500
249 500
Total tax
86 206
77 719
141 322
135 905
After tax
163 294
171 781
108 178
113 595
Living cost
27 216
27 216
27 216
27 216
Free-cash
136 078
144 565
80 962
86 379

Estimated living cost  is ₽27216 per week

₽18678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107812
₽59325
₽128440
₽192106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
48 633
social contributions
-
-
-
28 443
total
-
-
-
77 076
Employee
63 067
-
-
-
social contributions
5 172
-
737
-
income
13 911
-
-
-
total
19 083
-
737
-
Employer
63 067
-
-
-
social contributions
88 924
-
12 673
-
total
88 924
-
12 673
-
Corporate
97 509
249 500
-
-
income
21 452
54 890
-
-
total
21 452
54 890
-
-
Dividends
76 057
194 610
-
-
income
16 732
42 814
-
-
total
16 732
42 814
-
-
Income
249 500
249 500
249 500
249 500
Total tax
146 191
97 704
13 410
77 076
After tax
103 309
151 796
236 090
172 424
Living cost
43 984
43 984
43 984
43 984
Free-cash
59 325
107 812
192 106
128 440

Estimated living cost  is ₽43984 per week

₽28539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110089
₽109067
₽97252
₽76976
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 500
income
-
-
-
33 719
surtax
-
-
-
-
social contributions

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

-
-
-
86 702
total
-
-
-
120 421
Employee
46 668
-
201 615
-
social contributions
5 134
-
22 179
-
surtax
-
-
635
-
income
9 707
-
70 000
-
total
14 841
-
92 814
-
Employer
46 668
-
201 615
-
social contributions
11 084
-
47 883
-
total
11 084
-
47 883
-
Corporate
191 749
249 500
-
-
surtax
-
-
-
-
income
40 267
52 394
-
-
total
40 267
52 394
-
-
Dividends
151 482
197 106
-
-
withholding
42 414
55 190
-
-
total
42 414
55 190
-
-
Income
249 500
249 500
249 500
249 500
Total tax
108 606
107 584
140 697
120 421
After tax
140 894
141 916
108 803
129 079
Living cost
31 827
31 827
31 827
31 827
Free-cash
109 067
110 089
76 976
97 252

Estimated living cost  is ₽31827 per week

₽23813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
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.
₽5605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76743
₽83714
₽85681
₽77027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
49 465
pensions
-
-
-
37 743
other
-
-
-
7 735
health
-
-
-
12 759
surtax
-
-
-
-
social contributions
-
-
-
7 109
total
-
-
-
114 811
Employee
63 552
-
189 382
-
social contributions
1 810
-
5 395
-
surtax
-
-
-
-
income
5 545
-
43 243
-
pensions
7 188
-
14 709
-
total
14 543
-
63 347
-
Employer
63 552
-
189 382
-
other
2 193
-
8 044
-
social contributions
191
-
568
-
unemployment
2 574
-
7 669
-
pensions
10 442
-
24 490
-
health
4 448
-
19 347
-
total
19 848
-
60 118
-
Corporate
166 100
249 500
-
-
surtax
-
-
-
-
income
46 508
69 859
-
-
total
46 508
69 859
-
-
Dividends
119 592
179 641
-
-
surtax
-
-
-
-
social contributions
20 571
30 897
-
-
withholding
15 308
22 993
-
-
total
35 879
53 890
-
-
Income
249 500
249 500
249 500
249 500
Total tax
116 778
123 749
123 465
114 811
After tax
132 722
125 751
126 035
134 689
Living cost
49 008
49 008
49 008
49 008
Free-cash
83 714
76 743
77 027
85 681

Estimated living cost  is ₽49008 per week

₽33168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽194050
₽190639
₽150809
₽157439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
13 300
social contributions
-
-
-
54 890
total
-
-
-
68 190
Employee
32 621
-
216 016
-
income
-
-
14 035
-
social contributions
2 120
-
14 041
-
total
2 120
-
28 076
-
Employer
32 621
-
216 016
-
social contributions
5 057
-
33 484
-
total
5 057
-
33 484
-
Corporate
211 822
249 500
-
-
income
21 183
24 949
-
-
total
21 183
24 949
-
-
Dividends
190 639
224 551
-
-
total
-
-
-
-
Income
249 500
249 500
249 500
249 500
Total tax
28 360
24 949
61 560
68 190
After tax
221 140
224 551
187 940
181 310
Living cost
30 501
30 501
30 501
30 501
Free-cash
190 639
194 050
157 439
150 809

Estimated living cost  is ₽30501 per week

₽19722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28399
₽14938
₽94188
₽28399
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
municipal
-
-
-
54 073
pensions
-
-
-
880
national
-
-
-
31 596
labour market
-
-
-
19 890
total
-
-
-
106 439
Employee
206 279
206 279
206 279
-
labour market
16 479
16 479
16 479
-
national
25 201
25 201
25 201
-
municipal
43 926
43 926
43 926
-
pensions
293
293
293
-
total
85 899
85 899
85 899
-
Employer
206 279
206 279
206 279
-
labour market
16 502
16 502
16 502
-
municipal
43 996
43 996
43 996
-
pensions
586
586
586
-
national
25 245
25 245
25 245
-
total
86 329
86 329
86 329
-
Corporate
28 399
-
-
-
income
6 248
-
-
-
total
6 248
-
-
-
Dividends
22 151
-
-
-
withholding
7 213
-
-
-
total
7 213
-
-
-
Income
249 500
249 500
249 500
249 500
Total tax
185 689
172 228
172 228
106 439
After tax
63 811
77 272
77 272
143 061
Living cost
48 873
48 873
48 873
48 873
Free-cash
14 938
28 399
28 399
94 188

Estimated living cost  is ₽48873 per week

₽33449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1569
₽16870
₽148520
₽116293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
accident
-
-
-
254
income
-
-
-
72 204
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
79 202
Employee
34 259
-
228 996
-
health
3 923
-
26 220
-
income
4 700
-
57 039
-
pensions
3 858
-
7 666
-
total
12 481
-
90 925
-
Employer
34 259
-
228 996
-
accident
572
-
3 824
-
unemployment
839
-
5 610
-
pensions
5 570
-
11 070
-
total
6 981
-
20 504
-
Corporate
208 259
249 500
-
-
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.

187 433
224 550
-
-
total
187 433
224 550
-
-
Dividends
20 826
24 950
-
-
withholding
3 957
4 741
-
-
total
3 957
4 741
-
-
Income
249 500
249 500
249 500
249 500
Total tax
210 852
229 291
111 429
79 202
After tax
38 648
20 209
138 071
170 298
Living cost
21 778
21 778
21 778
21 778
Free-cash
16 870
-1 569
116 293
148 520

Estimated living cost  is ₽21778 per week

₽15852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112670
₽116121
₽111684
₽83108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
249 500
municipal
-
-
-
44 296
health
-
-
-
3 418
national
-
-
-
51 145
total
-
-
-
98 859
Employee
53 385
-
209 893
-
health
399
-
2 809
-
municipal
8 744
-
34 157
-
pensions
3 603
-
14 168
-
unemployment
801
-
3 148
-
national
882
-
33 546
-
total
14 429
-
87 828
-
Employer
53 385
-
209 893
-
accident
54
-
210
-
unemployment
347
-
1 365
-
pensions
9 262
-
36 416
-
health
410
-
1 616
-
total
10 073
-
39 607
-
Corporate
186 043
249 500
-
-
income
37 209
49 901
-
-
total
37 209
49 901
-
-
Dividends

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

111 625
149 699
-
-
national
12 618
21 026
-
-
municipal
20 093
26 946
-
-
total
32 711
47 972
-
-
Income
249 500
249 500
249 500
249 500
Total tax
94 422
97 873
127 435
98 859
After tax
155 078
151 627
122 065
150 641
Living cost
38 957
38 957
38 957
38 957
Free-cash
116 121
112 670
83 108
111 684

Estimated living cost  is ₽38957 per week

₽25446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158288
₽152766
₽143497
₽141495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
59 731
health
-
-
-
6 362
social contributions
-
-
-
16 417
total
-
-
-
82 510
Employee
78 025
78 025
236 393
-
social contributions
2 950
6 476
8 734
-
health
605
1 327
4 019
-
income
8 496
7 223
58 652
-
total
12 051
15 026
71 405
-
Employer
78 025
78 025
236 393
-
social contributions
2 950
6 476
8 734
-
health
657
1 444
4 373
-
total
3 607
7 920
13 107
-
Corporate
210 351
163 556
-
-
income
26 293
20 444
-
-
total
26 293
20 444
-
-
Dividends
184 057
143 112
-
-
withholding
31 290
24 329
-
-
total
31 290
24 329
-
-
Income
249 500
249 500
249 500
249 500
Total tax
73 241
67 719
84 512
82 510
After tax
176 259
181 781
164 988
166 990
Living cost
23 493
23 493
23 493
23 493
Free-cash
152 766
158 288
141 495
143 497

Estimated living cost  is ₽23493 per week

₽14080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽190500
₽185341
₽197265
₽176914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
249 500
income
-
-
-
25 970
pensions
-
-
-
6 454
unemployment
-
-
-
29
health
-
-
-
3 672
total
-
-
-
36 125
Employee

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

23 291
-
239 583
-
health
1 979
-
8 184
-
income
1 592
-
23 453
-
pensions
3 493
-
14 442
-
unemployment
116
-
481
-
total
7 180
-
46 560
-
Employer

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

23 291
-
239 583
-
unemployment
116
-
481
-
pensions
1 280
-
5 295
-
health
1 001
-
4 140
-
total
2 397
-
9 916
-
Corporate
223 812
249 500
-
-
income
20 143
22 456
-
-
total
20 143
22 456
-
-
Dividends
203 669
227 044
-
-
withholding
18 329
20 434
-
-
total
18 329
20 434
-
-
Income
249 500
249 500
249 500
249 500
Total tax
48 049
42 890
56 476
36 125
After tax
201 451
206 610
193 024
213 375
Living cost
16 110
16 110
16 110
16 110
Free-cash
185 341
190 500
176 914
197 265

Estimated living cost  is ₽16110 per week

₽10279
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.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137552
₽133070
₽111323
₽107066
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
accident
-
-
-
847
income
-
-
-
82 059
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
110 274
Employee
37 519
-
219 517
-
other
37
-
94
-
income
7 233
-
78 575
-
pensions
1 764
-
4 421
-
unemployment
582
-
1 458
-
total
9 616
-
84 548
-
Employer
37 519
-
219 517
-
accident
743
-
1 862
-
other
300
-
753
-
unemployment
2 064
-
5 172
-
pensions
8 854
-
22 196
-
total
11 961
-
29 983
-
Corporate
200 020
249 500
-
-
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.

30 002
37 425
-
-
total
30 002
37 425
-
-
Dividends
170 017
212 075
-
-
withholding
36 948
46 620
-
-
total
36 948
46 620
-
-
Income
249 500
249 500
249 500
249 500
Total tax
88 527
84 045
114 531
110 274
After tax
160 973
165 455
134 969
139 226
Living cost
27 903
27 903
27 903
27 903
Free-cash
133 070
137 552
107 066
111 323

Estimated living cost  is ₽27903 per week

₽18834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152901
₽152444
₽157751
₽157553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
85 455
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
88 962
Employee
4 245
-
247 213
-
health
212
-
508
-
income
821
-
85 348
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
86 873
-
Employer
4 245
-
247 213
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
244 299
249 500
-
-
income
53 746
54 890
-
-
total
53 746
54 890
-
-
Dividends
190 554
194 610
-
-
withholding
38 111
38 922
-
-
total
38 111
38 922
-
-
Income
249 500
249 500
249 500
249 500
Total tax
94 269
93 812
89 160
88 962
After tax
155 231
155 688
160 340
160 538
Living cost
2 787
2 787
2 787
2 787
Free-cash
152 444
152 901
157 553
157 751

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162709
₽157714
₽145453
₽145451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 500
income
-
-
-
58 135
pensions
-
-
-
19 505
unemployment
-
-
-
1 125
health
-
-
-
7 727
total
-
-
-
86 492
Employee

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

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

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

26 472
-
236 071
-
health
1 363
-
3 864
-
income
3 649
-
58 135
-
pensions
3 706
-
10 503
-
unemployment
199
-
563
-
total
8 917
-
73 065
-
Employer

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

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

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

26 472
-
236 071
-
unemployment
199
-
563
-
pensions
3 177
-
9 002
-
health
1 363
-
3 864
-
total
4 739
-
13 429
-
Corporate
218 290
249 500
-
-
income
32 743
37 425
-
-
total
32 743
37 425
-
-
Dividends
185 546
212 075
-
-
withholding
27 832
31 811
-
-
total
27 832
31 811
-
-
Income
249 500
249 500
249 500
249 500
Total tax
74 231
69 236
86 494
86 492
After tax
175 269
180 264
163 006
163 008
Living cost
17 555
17 555
17 555
17 555
Free-cash
157 714
162 709
145 451
145 453

Estimated living cost  is ₽17555 per week

₽11820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114561
₽114196
₽101724
₽81448
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 500
income
-
-
-
33 719
surtax
-
-
-
-
social contributions

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

-
-
-
86 702
total
-
-
-
120 421
Employee
39 382
-
201 615
-
social contributions
4 333
-
22 179
-
surtax
-
-
635
-
income
7 695
-
70 000
-
total
12 028
-
92 814
-
Employer
39 382
-
201 615
-
social contributions
9 352
-
47 883
-
total
9 352
-
47 883
-
Corporate
200 765
249 500
-
-
surtax
-
-
-
-
income
42 160
52 394
-
-
total
42 160
52 394
-
-
Dividends
158 605
197 106
-
-
withholding
44 409
55 190
-
-
total
44 409
55 190
-
-
Income
249 500
249 500
249 500
249 500
Total tax
107 949
107 584
140 697
120 421
After tax
141 551
141 916
108 803
129 079
Living cost
27 355
27 355
27 355
27 355
Free-cash
114 196
114 561
81 448
101 724

Estimated living cost  is ₽27355 per week

₽19375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129794
₽123154
₽103565
₽99308
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
accident
-
-
-
847
income
-
-
-
82 059
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
110 274
Employee
49 005
-
219 517
-
other
48
-
94
-
income
10 235
-
78 575
-
pensions
2 303
-
4 421
-
unemployment
759
-
1 458
-
total
13 345
-
84 548
-
Employer
49 005
-
219 517
-
accident
970
-
1 862
-
other
393
-
753
-
unemployment
2 696
-
5 172
-
pensions
11 565
-
22 196
-
total
15 624
-
29 983
-
Corporate
184 871
249 500
-
-
income

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

27 730
37 425
-
-
total
27 730
37 425
-
-
Dividends
157 141
212 075
-
-
withholding
33 986
46 620
-
-
total
33 986
46 620
-
-
Income
249 500
249 500
249 500
249 500
Total tax
90 685
84 045
114 531
110 274
After tax
158 815
165 455
134 969
139 226
Living cost
35 661
35 661
35 661
35 661
Free-cash
123 154
129 794
99 308
103 565

Estimated living cost  is ₽35661 per week

₽25610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽195856
₽189667
₽185138
₽195685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
37 425
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
46 895
Employee
23 129
-
242 542
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
24 255
-
pensions

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

2 030
-
3 114
-
total
5 661
-
29 390
-
Employer
23 129
-
242 542
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
221 834
249 500
-
-
income
22 184
24 950
-
-
total
22 184
24 950
-
-
Dividends
199 650
224 550
-
-
withholding
9 983
11 227
-
-
total
9 983
11 227
-
-
Income
249 500
249 500
249 500
249 500
Total tax
42 366
36 177
36 348
46 895
After tax
207 134
213 323
213 152
202 605
Living cost
17 467
17 467
17 467
17 467
Free-cash
189 667
195 856
195 685
185 138

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89114
₽102388
₽84716
₽113750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 500
trade
-
-
-
29 034
income

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

-
-
-
84 971
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.

-
-
-
6 932
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.

-
-
-
4 673
total
-
-
-
125 610
Employee

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

50 487
-
249 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 932
-
6 932
-
surtax

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

229
-
4 673
-
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.

4 152
-
84 971
-
total
11 313
-
96 576
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
199 013
249 500
-
-
surtax

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

1 643
2 058
-
-
income
29 852
37 425
-
-
trade
28 558
35 804
-
-
chamber of commerce
447
520
-
-
total
60 500
75 807
-
-
Dividends
138 514
173 693
-
-
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.

1 883
2 367
-
-
withholding
34 242
43 038
-
-
total
36 125
45 405
-
-
Income
249 500
249 500
249 500
249 500
Total tax
107 938
121 212
96 576
125 610
After tax
141 562
128 288
152 924
123 890
Living cost
39 174
39 174
39 174
39 174
Free-cash
102 388
89 114
113 750
84 716

Estimated living cost  is ₽39174 per week

₽27023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116849
₽119089
₽65405
₽65405
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
83 028
social contributions
-
-
-
43 266
total
-
-
-
126 294
Employee
79 371
-
249 500
-
income
14 977
-
83 028
-
social contributions
6 594
-
43 266
-
total
21 571
-
126 294
-
Employer
79 371
-
249 500
-
total
-
-
-
-
Corporate
170 129
249 500
-
-
income
21 266
31 188
-
-
total
21 266
31 188
-
-
Dividends
148 863
218 312
-
-
withholding
29 773
43 662
-
-
total
29 773
43 662
-
-
Income
249 500
249 500
249 500
249 500
Total tax
72 610
74 850
126 294
126 294
After tax
176 890
174 650
123 206
123 206
Living cost
57 801
57 801
57 801
57 801
Free-cash
119 089
116 849
65 405
65 405

Estimated living cost  is ₽57801 per week

₽43974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119980
₽123526
₽168431
₽136247
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 500
income
-
-
-
37 425
health

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

-
-
-
6 811
total
-
-
-
44 236
Employee
46 548
-
244 832
-
income
5 051
-
67 084
-
social contributions
4 664
-
4 668
-
total
9 715
-
71 752
-
Employer
46 548
-
244 832
-
social contributions
4 664
-
4 668
-
total
4 664
-
4 668
-
Corporate
198 289
249 500
-
-
income
69 401
87 326
-
-
total
69 401
87 326
-
-
Dividends
128 888
162 174
-
-
social contributions
5 361
5 361
-
-
total
5 361
5 361
-
-
Income
249 500
249 500
249 500
249 500
Total tax
89 141
92 687
76 420
44 236
After tax
160 359
156 813
173 080
205 264
Living cost
36 833
36 833
36 833
36 833
Free-cash
123 526
119 980
136 247
168 431

Estimated living cost  is ₽36833 per week

₽24262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
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.
₽9102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117831
₽123896
₽122222
₽100022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
income
-
-
-
78 650
pensions
-
-
-
10 595
total
-
-
-
89 245
Employee
52 206
-
217 312
-
health
681
-
2 882
-
income
9 507
-
63 848
-
pensions
3 985
-
12 527
-
total
14 173
-
79 257
-
Employer
52 206
-
217 312
-
pensions
5 274
-
28 059
-
health
992
-
4 129
-
total
6 266
-
32 188
-
Corporate
191 027
249 500
-
-
income

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

36 294
47 405
-
-
total
36 294
47 405
-
-
Dividends
154 733
202 095
-
-
withholding
30 838
46 231
-
-
total
30 838
46 231
-
-
Income
249 500
249 500
249 500
249 500
Total tax
87 571
93 636
111 445
89 245
After tax
161 929
155 864
138 055
160 255
Living cost
38 033
38 033
38 033
38 033
Free-cash
123 896
117 831
100 022
122 222

Estimated living cost  is ₽38033 per week

₽26091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3726
₽16538
₽146363
₽114136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
accident
-
-
-
254
income
-
-
-
72 204
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
79 202
Employee
37 650
-
228 996
-
health
4 311
-
26 220
-
income
5 165
-
57 039
-
pensions
4 239
-
7 666
-
total
13 715
-
90 925
-
Employer
37 650
-
228 996
-
accident
629
-
3 824
-
unemployment
922
-
5 610
-
pensions
6 122
-
11 070
-
total
7 673
-
20 504
-
Corporate
204 177
249 500
-
-
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.

183 760
224 550
-
-
total
183 760
224 550
-
-
Dividends
20 418
24 950
-
-
withholding
3 879
4 741
-
-
total
3 879
4 741
-
-
Income
249 500
249 500
249 500
249 500
Total tax
209 027
229 291
111 429
79 202
After tax
40 473
20 209
138 071
170 298
Living cost
23 935
23 935
23 935
23 935
Free-cash
16 538
-3 726
114 136
146 363

Estimated living cost  is ₽23935 per week

₽17565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177162
₽174092
₽148967
₽171276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
249 500
work injury
-
-
-
811
health insurance
-
-
-
12 007
income
-
-
-
42 207
pensions
-
-
-
29 856
unemployment
-
-
-
1 947
total
-
-
-
86 828
Employee

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

21 928
-
249 500
-
work injury
110
-
406
-
income
2 193
-
42 207
-
pensions
4 035
-
14 928
-
health insurance
1 623
-
6 004
-
unemployment
263
-
974
-
total
8 224
-
64 519
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
227 572
249 500
-
-
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%.

22 757
24 950
-
-
total
22 757
24 950
-
-
Dividends
204 815
224 550
-
-
withholding
30 722
33 683
-
-
total
30 722
33 683
-
-
Income
249 500
249 500
249 500
249 500
Total tax
61 703
58 633
64 519
86 828
After tax
187 797
190 867
184 981
162 672
Living cost
13 705
13 705
13 705
13 705
Free-cash
174 092
177 162
171 276
148 967

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90998
₽86383
₽77928
₽69594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
249 500
municipal
-
-
-
1 789
regional
-
-
-
6 278
national
-
-
-
72 297
social contributions
-
-
-
50 785
total
-
-
-
131 149
Employee
85 504
-
249 500
-
social contributions
28 831
-
66 580
-
regional
1 291
-
5 753
-
municipal
510
-
1 646
-
national
14 449
-
65 504
-
total
45 081
-
139 483
-
Employer
85 504
-
249 500
-
total
-
-
-
-
Corporate
163 996
249 500
-
-
nationa
39 358
59 879
-
-
municipal
7 904
12 025
-
-
total
47 262
71 904
-
-
Dividends
116 733
177 596
-
-
withholding
30 351
46 175
-
-
total
30 351
46 175
-
-
Income
249 500
249 500
249 500
249 500
Total tax
122 694
118 079
139 483
131 149
After tax
126 806
131 421
110 017
118 351
Living cost
40 423
40 423
40 423
40 423
Free-cash
86 383
90 998
69 594
77 928

Estimated living cost  is ₽40423 per week

₽28394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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