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
₽ 223000
per

Your estimated
City
free-cash

Dresden , Germany
₽82064
₽93141
₽79862
₽107651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 000
trade
-
-
-
27 789
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.

-
-
-
74 100
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.

-
-
-
6 841
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.

-
-
-
4 076
total
-
-
-
112 806
Employee

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

38 302
-
223 000
-
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.

6 841
-
6 841
-
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.

59
-
4 076
-
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.

1 070
-
74 100
-
total
7 970
-
85 017
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
184 698
223 000
-
-
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.

1 524
1 840
-
-
income
27 705
33 450
-
-
trade
29 091
35 122
-
-
chamber of commerce
418
473
-
-
total
58 738
70 885
-
-
Dividends
125 960
152 115
-
-
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
2 071
-
-
withholding
31 109
37 648
-
-
total
32 819
39 719
-
-
Income
223 000
223 000
223 000
223 000
Total tax
99 527
110 604
85 017
112 806
After tax
123 473
112 396
137 983
110 194
Living cost
30 332
30 332
30 332
30 332
Free-cash
93 141
82 064
107 651
79 862

Estimated living cost  is ₽30332 per week

₽19080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88631
₽87791
₽76600
₽77798
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
municipal
-
-
-
24 766
pensions
-
-
-
26 760
national
-
-
-
41 956
social contributions
-
-
-
2 397
total
-
-
-
95 879
Employee
78 317
-
192 782
-
municipal
9 673
-
25 629
-
pensions
3 133
-
7 711
-
national
14 990
-
43 846
-
total
27 796
-
77 186
-
Employer
78 317
-
192 782
-
social contributions
842
-
2 072
-
pensions
6 265
-
15 423
-
total
7 107
-
17 495
-
Corporate
132 407
223 000
-
-
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%.

26 481
44 600
-
-
total
26 481
44 600
-
-
Dividends
105 925
178 400
-
-
withholding
23 304
39 248
-
-
total
23 304
39 248
-
-
Income
223 000
223 000
223 000
223 000
Total tax
84 688
83 848
94 681
95 879
After tax
138 312
139 152
128 319
127 121
Living cost
50 521
50 521
50 521
50 521
Free-cash
87 791
88 631
77 798
76 600

Estimated living cost  is ₽50521 per week

₽34339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽756
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157568
₽149353
₽60126
₽76001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 000
microenterprise
-
-
-
-
income
-
-
-
46 809
surtax
-
-
-
56 864
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.

-
-
-
38 368
total
-
-
-
142 041
Employee
29 262
-
174 999
-
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.

3 219
-
13 128
-
surtax
-
-
25 375
-
income
5 209
-
39 662
-
total
8 428
-
78 165
-
Employer
29 262
-
174 999
-
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.

7 048
-
28 750
-
surtax
-
-
19 251
-
total
7 048
-
48 001
-
Corporate
186 690
223 000
-
-
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%.

37 338
44 599
-
-
total
37 338
44 599
-
-
Dividends

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

149 352
178 401
-
-
total
-
-
-
-
Income
223 000
223 000
223 000
223 000
Total tax
52 814
44 599
126 166
142 041
After tax
170 186
178 401
96 834
80 959
Living cost
20 833
20 833
20 833
20 833
Free-cash
149 353
157 568
76 001
60 126

Estimated living cost  is ₽20833 per week

₽13291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69151
₽63014
₽77921
₽100674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
79 048
pensions
-
-
-
11 733
health
-
-
-
12 348
total
-
-
-
103 129
Employee
85 516
85 516
204 390
-
health
13 126
11 165
12 348
-
income

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

13 998
13 998
37 685
-
pensions
15 393
11 733
11 733
-
total
42 517
36 896
61 766
-
Employer
85 516
85 516
204 390
-
unemployment
3 079
3 079
3 825
-
pensions
5 952
5 952
7 398
-
health
5 944
5 944
7 387
-
total
14 975
14 975
18 610
-
Corporate
123 558
122 509
-
-
income
24 712
24 501
-
-
total
24 712
24 501
-
-
Dividends
98 846
98 008
-
-
income
21 005
20 826
-
-
withholding
14 827
14 701
-
-
total
35 832
35 527
-
-
Income
223 000
223 000
223 000
223 000
Total tax
118 036
111 899
80 376
103 129
After tax
104 964
111 101
142 624
119 871
Living cost
41 950
41 950
41 950
41 950
Free-cash
63 014
69 151
100 674
77 921

Estimated living cost  is ₽41950 per week

₽29729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽667
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83211
₽82346
₽72702
₽71768
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
municipal
-
-
-
59 200
accident
-
-
-
169
pensions
-
-
-
9 132
other
-
-
-
9 817
unemployment
-
-
-
85
health
-
-
-
5 272
national
-
-
-
28 076
total
-
-
-
111 751
Employee
54 926
-
196 456
-
municipal
16 379
-
58 583
-
national
-
-
27 558
-
total
16 379
-
86 141
-
Employer
54 926
-
196 456
-
accident
110
-
169
-
other
6 382
-
9 817
-
unemployment
1 450
-
2 230
-
pensions
5 937
-
9 132
-
health
3 378
-
5 196
-
total
17 257
-
26 544
-
Corporate
150 816
223 000
-
-
income
33 180
49 060
-
-
total
33 180
49 060
-
-
Dividends
117 637
173 940
-
-
withholding
35 291
52 182
-
-
total
35 291
52 182
-
-
Income
223 000
223 000
223 000
223 000
Total tax
102 107
101 242
112 685
111 751
After tax
120 893
121 758
110 315
111 249
Living cost
38 547
38 547
38 547
38 547
Free-cash
82 346
83 211
71 768
72 702

Estimated living cost  is ₽38547 per week

₽25547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71911
₽85982
₽69620
₽98644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 000
trade
-
-
-
29 024
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.

-
-
-
74 100
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.

-
-
-
6 841
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.

-
-
-
4 076
total
-
-
-
114 041
Employee

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

50 783
-
223 000
-
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.

6 841
-
6 841
-
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.

239
-
4 076
-
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.

4 363
-
74 100
-
total
11 443
-
85 017
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 217
223 000
-
-
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.

1 421
1 840
-
-
income
25 833
33 450
-
-
trade
28 330
36 684
-
-
chamber of commerce
397
469
-
-
total
55 981
72 443
-
-
Dividends
116 234
150 557
-
-
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.

1 577
2 049
-
-
withholding
28 678
37 258
-
-
total
30 255
39 307
-
-
Income
223 000
223 000
223 000
223 000
Total tax
97 679
111 750
85 017
114 041
After tax
125 321
111 250
137 983
108 959
Living cost
39 339
39 339
39 339
39 339
Free-cash
85 982
71 911
98 644
69 620

Estimated living cost  is ₽39339 per week

₽26310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4148
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.
₽8293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130049
₽125895
₽117607
₽115771
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
51 024
health
-
-
-
5 686
social contributions
-
-
-
16 202
total
-
-
-
72 912
Employee
77 003
77 003
210 486
-
social contributions
3 742
6 391
8 620
-
health
766
1 309
3 578
-
income
8 086
7 128
50 036
-
total
12 594
14 828
62 234
-
Employer
77 003
77 003
210 486
-
social contributions
3 742
6 391
8 620
-
health
834
1 425
3 894
-
total
4 576
7 816
12 514
-
Corporate
173 350
138 181
-
-
income
21 668
17 272
-
-
total
21 668
17 272
-
-
Dividends
151 682
120 908
-
-
withholding
25 786
20 554
-
-
total
25 786
20 554
-
-
Income
223 000
223 000
223 000
223 000
Total tax
64 624
60 470
74 748
72 912
After tax
158 376
162 530
148 252
150 088
Living cost
32 481
32 481
32 481
32 481
Free-cash
125 895
130 049
115 771
117 607

Estimated living cost  is ₽32481 per week

₽22204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106938
₽107317
₽136248
₽111040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
27 262
pensions
-
-
-
22 300
unemployment
-
-
-
3 345
health
-
-
-
15 610
total
-
-
-
68 517
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.

26 323
10 476
186 611
-
health
1 843
733
13 063
-
income
3 218
1 281
22 813
-
pensions
2 632
1 048
18 661
-
unemployment
395
157
2 799
-
total
8 088
3 219
57 336
-
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.

26 323
10 476
186 611
-
pensions
5 133
2 043
36 389
-
total
5 133
2 043
36 389
-
Corporate
191 544
210 481
-
-
income
17 239
18 943
-
-
total
17 239
18 943
-
-
Dividends
174 305
191 538
-
-
social contributions
33 870
37 230
-
-
withholding
33 118
36 392
-
-
total
66 988
73 622
-
-
Income
223 000
223 000
223 000
223 000
Total tax
97 448
97 827
93 725
68 517
After tax
125 552
125 173
129 275
154 483
Living cost
18 235
18 235
18 235
18 235
Free-cash
107 317
106 938
111 040
136 248

Estimated living cost  is ₽18235 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154213
₽147992
₽95340
₽104348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
29 883
pensions
-
-
-
44 599
health
-
-
-
28 990
total
-
-
-
103 472
Employee
28 408
-
166 666
-
income
3 198
-
32 133
-
pensions
568
-
3 333
-
unemployment
454
-
2 666
-
total
4 220
-
38 132
-
Employer
28 408
-
166 666
-
unemployment
228
-
1 334
-
pensions
5 682
-
33 332
-
health
3 692
-
21 666
-
total
9 602
-
56 332
-
Corporate
184 989
223 000
-
-
income
36 998
44 599
-
-
total
36 998
44 599
-
-
Dividends
147 991
178 401
-
-
total
-
-
-
-
Income
223 000
223 000
223 000
223 000
Total tax
50 820
44 599
94 464
103 472
After tax
172 180
178 401
128 536
119 528
Living cost
24 188
24 188
24 188
24 188
Free-cash
147 992
154 213
104 348
95 340

Estimated living cost  is ₽24188 per week

₽16590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3886
₽14697
₽130324
₽100841
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
accident
-
-
-
252
income
-
-
-
63 778
pensions
-
-
-
4 151
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
70 727
Employee
34 527
-
203 619
-
health
3 953
-
23 314
-
income
4 737
-
49 903
-
pensions
3 888
-
7 612
-
total
12 578
-
80 829
-
Employer
34 527
-
203 619
-
accident
576
-
3 400
-
unemployment
846
-
4 989
-
pensions
5 614
-
10 992
-
total
7 036
-
19 381
-
Corporate
181 436
223 000
-
-
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.

163 293
200 700
-
-
total
163 293
200 700
-
-
Dividends
18 143
22 300
-
-
withholding
3 447
4 237
-
-
total
3 447
4 237
-
-
Income
223 000
223 000
223 000
223 000
Total tax
186 354
204 937
100 210
70 727
After tax
36 646
18 063
122 790
152 273
Living cost
21 949
21 949
21 949
21 949
Free-cash
14 697
-3 886
100 841
130 324

Estimated living cost  is ₽21949 per week

₽16087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽202839
₽201150
₽211759
₽169389
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
223 000
microenterprise

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

-
-
-
2 230
total
-
-
-
2 230
Employee
11 263
-
223 000
-
income
2 252
-
44 600
-
total
2 252
-
44 600
-
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%.

211 737
223 000
-
-
total
-
-
-
-
Dividends
211 737
223 000
-
-
withholding
10 587
11 150
-
-
total
10 587
11 150
-
-
Income
223 000
223 000
223 000
223 000
Total tax
12 839
11 150
44 600
2 230
After tax
210 161
211 850
178 400
220 770
Living cost
9 011
9 011
9 011
9 011
Free-cash
201 150
202 839
169 389
211 759

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137156
₽130391
₽106942
₽105096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
38 893
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.

-
-
-
36 548
other
-
-
-
7 233
health
-
-
-
6 701
total
-
-
-
89 375
Employee
36 360
-
184 370
-
health
509
-
2 132
-
income
6 260
-
38 277
-
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.

2 545
-
10 659
-
unemployment
363
-
1 522
-
total
9 677
-
52 590
-
Employer
36 360
-
184 370
-
accident
291
-
1 475
-
other
1 819
-
7 613
-
unemployment
363
-
1 522
-
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.

6 182
-
25 889
-
health
509
-
2 132
-
total
9 164
-
38 631
-
Corporate
177 477
223 000
-
-
income
37 270
46 830
-
-
total
37 270
46 830
-
-
Dividends
140 207
176 170
-
-
withholding
9 815
12 331
-
-
total
9 815
12 331
-
-
Income
223 000
223 000
223 000
223 000
Total tax
65 926
59 161
91 221
89 375
After tax
157 074
163 839
131 779
133 625
Living cost
26 683
26 683
26 683
26 683
Free-cash
130 391
137 156
105 096
106 942

Estimated living cost  is ₽26683 per week

₽18853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73681
₽81795
₽77076
₽57146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
68 569
pensions
-
-
-
9 974
total
-
-
-
78 543
Employee
95 334
-
194 381
-
health
1 571
-
2 641
-
income
17 185
-
55 280
-
pensions
9 197
-
11 936
-
total
27 953
-
69 857
-
Employer
95 334
-
194 381
-
pensions
11 256
-
24 924
-
health
1 811
-
3 692
-
total
13 067
-
28 616
-
Corporate
114 600
223 000
-
-
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.

21 773
42 371
-
-
total
21 773
42 371
-
-
Dividends
92 826
180 629
-
-
withholding
11 031
39 567
-
-
total
11 031
39 567
-
-
Income
223 000
223 000
223 000
223 000
Total tax
73 824
81 938
98 473
78 543
After tax
149 176
141 062
124 527
144 457
Living cost
67 381
67 381
67 381
67 381
Free-cash
81 795
73 681
57 146
77 076

Estimated living cost  is ₽67381 per week

₽50490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽177520
₽172863
₽167055
₽176301
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
33 450
pensions

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

-
-
-
5 183
unemployment
-
-
-
140
health
-
-
-
4 027
total
-
-
-
42 800
Employee
17 405
-
216 129
-
health
801
-
1 611
-
accident

We are using the highest rate at 1.1%.

192
-
385
-
income
1 740
-
21 613
-
pensions

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

1 528
-
3 075
-
total
4 261
-
26 684
-
Employer
17 405
-
216 129
-
accident

We are using the highest rate at 1.1%.

192
-
385
-
unemployment
104
-
210
-
pensions

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

1 918
-
3 859
-
health
1 201
-
2 416
-
total
3 415
-
6 870
-
Corporate
202 179
223 000
-
-
income
20 218
22 300
-
-
total
20 218
22 300
-
-
Dividends
181 961
200 700
-
-
withholding
9 098
10 035
-
-
total
9 098
10 035
-
-
Income
223 000
223 000
223 000
223 000
Total tax
36 992
32 335
33 554
42 800
After tax
186 008
190 665
189 446
180 200
Living cost
13 145
13 145
13 145
13 145
Free-cash
172 863
177 520
176 301
167 055

Estimated living cost  is ₽13145 per week

₽7674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55572
₽58089
₽64342
₽87095
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
79 048
pensions
-
-
-
11 733
health
-
-
-
12 348
total
-
-
-
103 129
Employee
92 843
85 516
204 390
-
health
11 583
11 165
12 348
-
income

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

13 998
13 998
37 685
-
pensions
11 733
11 733
11 733
-
total
37 314
36 896
61 766
-
Employer
92 843
85 516
204 390
-
unemployment
3 343
3 079
3 825
-
pensions
6 461
5 952
7 398
-
health
6 452
5 944
7 387
-
total
16 256
14 975
18 610
-
Corporate
113 902
122 509
-
-
income
22 780
24 501
-
-
total
22 780
24 501
-
-
Dividends
91 122
98 008
-
-
income
19 363
20 826
-
-
withholding
13 669
14 701
-
-
total
33 032
35 527
-
-
Income
223 000
223 000
223 000
223 000
Total tax
109 382
111 899
80 376
103 129
After tax
113 618
111 101
142 624
119 871
Living cost
55 529
55 529
55 529
55 529
Free-cash
58 089
55 572
87 095
64 342

Estimated living cost  is ₽55529 per week

₽40962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129450
₽120857
₽107647
₽97872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
23 736
health
-
-
-
30 105
solidarity contribution
-
-
-
2 768
social contributions
-
-
-
34 658
total
-
-
-
91 267
Employee
35 420
-
177 364
-
social contributions
2 302
-
7 715
-
health
4 782
-
23 944
-
solidarity contribution
-
-
1 891
-
income
4 250
-
21 856
-
total
11 334
-
55 406
-
Employer
35 420
-
177 364
-
social contributions
8 855
-
29 673
-
health
3 188
-
15 963
-
total
12 043
-
45 636
-
Corporate
175 537
223 000
-
-
income
33 352
42 370
-
-
total
33 352
42 370
-
-
Dividends
142 185
180 630
-
-
withholding
21 328
27 094
-
-
total
21 328
27 094
-
-
Income
223 000
223 000
223 000
223 000
Total tax
78 057
69 464
101 042
91 267
After tax
144 943
153 536
121 958
131 733
Living cost
24 086
24 086
24 086
24 086
Free-cash
120 857
129 450
97 872
107 647

Estimated living cost  is ₽24086 per week

₽16730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76722
₽71495
₽65073
₽56583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
municipal
-
-
-
1 383
regional
-
-
-
2 809
national
-
-
-
61 359
social contributions
-
-
-
50 120
total
-
-
-
115 671
Employee
88 999
-
223 000
-
social contributions
30 010
-
65 709
-
regional
840
-
2 538
-
municipal
471
-
1 258
-
national
15 421
-
54 656
-
total
46 742
-
124 161
-
Employer
88 999
-
223 000
-
total
-
-
-
-
Corporate
134 001
223 000
-
-
nationa
32 160
53 520
-
-
municipal
5 226
8 698
-
-
total
37 386
62 218
-
-
Dividends
96 616
160 782
-
-
withholding
25 121
41 804
-
-
total
25 121
41 804
-
-
Income
223 000
223 000
223 000
223 000
Total tax
109 249
104 022
124 161
115 671
After tax
113 751
118 978
98 839
107 329
Living cost
42 256
42 256
42 256
42 256
Free-cash
71 495
76 722
56 583
65 073

Estimated living cost  is ₽42256 per week

₽29455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118170
₽115052
₽82815
₽76690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
69 885
pensions
-
-
-
26 730
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 488
surtax
-
-
-
11 756
total
-
-
-
118 087
Employee
33 116
-
194 867
-
other
-
-
-
-
health
846
-
3 407
-
surtax
108
-
10 558
-
income
5 551
-
63 897
-
pensions
2 208
-
8 915
-
unemployment
2 305
-
9 302
-
total
11 018
-
96 079
-
Employer
33 116
-
194 867
-
other
-
-
-
-
unemployment
1 049
-
4 236
-
pensions
4 415
-
17 816
-
health
1 507
-
6 081
-
total
6 971
-
28 133
-
Corporate
182 914
223 000
-
-
income
47 558
57 980
-
-
total
47 558
57 980
-
-
Dividends
135 355
165 020
-
-
withholding
20 303
24 752
-
-
total
20 303
24 752
-
-
Income
223 000
223 000
223 000
223 000
Total tax
85 850
82 732
124 212
118 087
After tax
137 150
140 268
98 788
104 913
Living cost
22 098
22 098
22 098
22 098
Free-cash
115 052
118 170
76 690
82 815

Estimated living cost  is ₽22098 per week

₽13512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95029
₽101688
₽98424
₽78494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
68 569
pensions
-
-
-
9 974
total
-
-
-
78 543
Employee
63 890
-
194 381
-
health
927
-
2 641
-
income
11 507
-
55 280
-
pensions
5 423
-
11 936
-
total
17 857
-
69 857
-
Employer
63 890
-
194 381
-
pensions
6 916
-
24 924
-
health
1 214
-
3 692
-
total
8 130
-
28 616
-
Corporate
150 980
223 000
-
-
income

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

28 685
42 371
-
-
total
28 685
42 371
-
-
Dividends
122 295
180 629
-
-
withholding
20 607
39 567
-
-
total
20 607
39 567
-
-
Income
223 000
223 000
223 000
223 000
Total tax
75 279
81 938
98 473
78 543
After tax
147 721
141 062
124 527
144 457
Living cost
46 033
46 033
46 033
46 033
Free-cash
101 688
95 029
78 494
98 424

Estimated living cost  is ₽46033 per week

₽34487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26332
₽58695
₽101208
₽93114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
city
-
-
-
2 351
pensions
-
-
-
20 515
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.

-
-
-
4 461
regional
-
-
-
12 525
health
-
-
-
501
national
-
-
-
5 798
total
-
-
-
46 151
Employee
88 519
-
200 736
-
city
950
-
2 172
-
regional
2 899
-
11 171
-
health
200
-
451
-
pensions
7 437
-
15 589
-
unemployment
-
-
-
-
national
419
-
4 806
-
total
11 905
-
34 189
-
Employer
88 519
-
200 736
-
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.

1 770
-
4 016
-
unemployment
-
-
-
-
pensions
7 437
-
15 589
-
health
200
-
451
-
total
9 407
-
20 056
-
Corporate
124 101
223 000
-
-
regional
26 246
47 164
-
-
national
10 549
18 955
-
-
total
36 795
66 119
-
-
Dividends
87 305
156 881
-
-
withholding
30 557
54 908
-
-
total
30 557
54 908
-
-
Income
223 000
223 000
223 000
223 000
Total tax
88 664
121 027
54 245
46 151
After tax
134 336
101 973
168 755
176 849
Living cost
75 641
75 641
75 641
75 641
Free-cash
58 695
26 332
93 114
101 208

Estimated living cost  is ₽75641 per week

₽49188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽929
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64227
₽80463
₽61849
₽92108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 000
trade
-
-
-
30 259
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.

-
-
-
74 100
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.

-
-
-
6 841
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.

-
-
-
4 076
total
-
-
-
115 276
Employee

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

60 183
-
223 000
-
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.

6 841
-
6 841
-
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.

390
-
4 076
-
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.

7 077
-
74 100
-
total
14 308
-
85 017
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
162 817
223 000
-
-
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.

1 344
1 840
-
-
income
24 423
33 450
-
-
trade
27 924
38 245
-
-
chamber of commerce
382
466
-
-
total
54 073
74 001
-
-
Dividends
108 745
149 000
-
-
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.

1 475
2 028
-
-
withholding
26 806
36 869
-
-
total
28 281
38 897
-
-
Income
223 000
223 000
223 000
223 000
Total tax
96 662
112 898
85 017
115 276
After tax
126 338
110 102
137 983
107 724
Living cost
45 875
45 875
45 875
45 875
Free-cash
80 463
64 227
92 108
61 849

Estimated living cost  is ₽45875 per week

₽33505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78131
₽84045
₽87966
₽81576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
41 302
pensions
-
-
-
35 322
other
-
-
-
6 913
health
-
-
-
10 883
surtax
-
-
-
-
social contributions
-
-
-
6 353
total
-
-
-
100 773
Employee
42 859
-
170 197
-
social contributions
1 222
-
4 850
-
surtax
-
-
-
-
income
2 529
-
36 682
-
pensions
4 846
-
12 827
-
total
8 597
-
54 359
-
Employer
42 859
-
170 197
-
other
1 478
-
7 062
-
social contributions
129
-
511
-
unemployment
1 735
-
6 893
-
pensions
7 041
-
21 416
-
health
3 001
-
16 922
-
total
13 384
-
52 804
-
Corporate
166 757
223 000
-
-
surtax
-
-
-
-
income
46 692
62 440
-
-
total
46 692
62 440
-
-
Dividends
120 066
160 560
-
-
surtax
-
-
-
-
social contributions
20 653
27 616
-
-
withholding
15 368
20 552
-
-
total
36 021
48 168
-
-
Income
223 000
223 000
223 000
223 000
Total tax
104 694
110 608
107 163
100 773
After tax
118 306
112 392
115 837
122 227
Living cost
34 261
34 261
34 261
34 261
Free-cash
84 045
78 131
81 576
87 966

Estimated living cost  is ₽34261 per week

₽21603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2786
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.
₽9291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81525
₽87088
₽91360
₽84970
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
41 302
pensions
-
-
-
35 322
other
-
-
-
6 913
health
-
-
-
10 883
surtax
-
-
-
-
social contributions
-
-
-
6 353
total
-
-
-
100 773
Employee
38 257
-
170 197
-
social contributions
1 091
-
4 850
-
surtax
-
-
-
-
income
1 973
-
36 682
-
pensions
4 327
-
12 827
-
total
7 391
-
54 359
-
Employer
38 257
-
170 197
-
other
1 321
-
7 062
-
social contributions
114
-
511
-
unemployment
1 549
-
6 893
-
pensions
6 286
-
21 416
-
health
2 678
-
16 922
-
total
11 948
-
52 804
-
Corporate
172 795
223 000
-
-
surtax
-
-
-
-
income
48 383
62 440
-
-
total
48 383
62 440
-
-
Dividends
124 412
160 560
-
-
surtax
-
-
-
-
social contributions
21 398
27 616
-
-
withholding
15 925
20 552
-
-
total
37 323
48 168
-
-
Income
223 000
223 000
223 000
223 000
Total tax
105 045
110 608
107 163
100 773
After tax
117 955
112 392
115 837
122 227
Living cost
30 867
30 867
30 867
30 867
Free-cash
87 088
81 525
84 970
91 360

Estimated living cost  is ₽30867 per week

₽17901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114817
₽115337
₽121976
₽116009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
33 450
health
-
-
-
15 566
social contributions
-
-
-
30 774
total
-
-
-
79 790
Employee
33 954
-
223 000
-
social contributions
4 686
-
30 774
-
health
2 370
-
15 566
-
income
5 663
-
39 417
-
total
12 719
-
85 757
-
Employer
33 954
-
223 000
-
total
-
-
-
-
Corporate
189 046
223 000
-
-
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%.

9 452
11 149
-
-
total
9 452
11 149
-
-
Dividends
179 594
211 851
-
-
health
12 535
14 787
-
-
social contributions
24 784
29 235
-
-
withholding
26 939
31 778
-
-
total
64 258
75 800
-
-
Income
223 000
223 000
223 000
223 000
Total tax
86 429
86 949
85 757
79 790
After tax
136 571
136 051
137 243
143 210
Living cost
21 234
21 234
21 234
21 234
Free-cash
115 337
114 817
116 009
121 976

Estimated living cost  is ₽21234 per week

₽14211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87654
₽86107
₽78993
₽23200
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
chamber of commerce
-
-
-
891
income
-
-
-
70 898
pensions
-
-
-
21 643
unemployment
-
-
-
6 142
health
-
-
-
8 949
surtax
-
-
-
198
total
-
-
-
108 721
Employee
50 046
39 907
184 225
-
other
500
399
1 171
-
health
1 936
1 545
4 527
-
income
5 697
2 944
59 445
-
pensions
5 125
4 086
11 980
-
unemployment
1 501
1 197
3 510
-
total
14 759
10 171
80 633
-
Employer
50 046
39 907
184 225
-
accident
650
519
1 520
-
other
2 377
1 895
8 179
-
chamber of commerce
200
160
737
-
unemployment
1 501
1 197
3 510
-
surtax
198
198
198
-
pensions
6 281
5 009
14 682
-
payroll
1 501
1 197
5 526
-
health
1 891
1 509
4 422
-
total
14 599
11 684
38 774
-
Corporate
158 356
171 409
180 424
-
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.

39 588
42 853
45 107
-
total
39 588
42 853
45 107
-
Dividends
118 768
128 556
-
-
withholding
32 661
35 352
-
-
total
32 661
35 352
-
-
Income
223 000
223 000
223 000
223 000
Total tax
101 607
100 060
164 514
108 721
After tax
121 393
122 940
58 486
114 279
Living cost
35 286
35 286
35 286
35 286
Free-cash
86 107
87 654
23 200
78 993

Estimated living cost  is ₽35286 per week

₽23534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3010
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.
₽8162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85989
₽73089
₽60467
₽39395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
national
-
-
-
89 170
communal

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

-
-
-
11 883
social contributions
-
-
-
24 967
total
-
-
-
126 020
Employee

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

71 631
-
172 720
-
communal

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

3 736
-
9 010
-
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.

3 366
-
8 118
-
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.

5 372
-
12 955
-
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.

623
-
1 503
-
national
22 022
-
65 226
-
total
35 119
-
96 812
-
Employer

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

71 631
-
172 720
-
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.

931
-
2 246
-
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.

1 045
-
2 522
-
surtax
8 122
-
19 585
-
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.

6 347
-
15 304
-
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.

4 405
-
10 623
-
total
20 850
-
50 280
-
Corporate
130 518
223 000
-
-
surtax
523
952
-
-
income
26 103
47 568
-
-
total
26 626
48 520
-
-
Dividends
103 892
174 480
-
-
withholding

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

30 803
51 978
-
-
total
30 803
51 978
-
-
Income
223 000
223 000
223 000
223 000
Total tax
113 398
100 498
147 092
126 020
After tax
109 602
122 502
75 908
96 980
Living cost
36 513
36 513
36 513
36 513
Free-cash
73 089
85 989
39 395
60 467

Estimated living cost  is ₽36513 per week

₽23519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111917
₽105058
₽88460
₽84259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
accident
-
-
-
836
income
-
-
-
70 529
pensions
-
-
-
26 267
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
98 375
Employee
49 847
-
193 410
-
other
49
-
93
-
income
10 518
-
67 091
-
pensions
2 343
-
4 363
-
unemployment
773
-
1 439
-
total
13 683
-
72 986
-
Employer
49 847
-
193 410
-
accident
986
-
1 838
-
other
397
-
743
-
unemployment
2 742
-
5 104
-
pensions
11 763
-
21 905
-
total
15 888
-
29 590
-
Corporate
157 264
223 000
-
-
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.

23 589
33 450
-
-
total
23 589
33 450
-
-
Dividends
133 675
189 550
-
-
withholding
28 617
41 468
-
-
total
28 617
41 468
-
-
Income
223 000
223 000
223 000
223 000
Total tax
81 777
74 918
102 576
98 375
After tax
141 223
148 082
120 424
124 625
Living cost
36 165
36 165
36 165
36 165
Free-cash
105 058
111 917
84 259
88 460

Estimated living cost  is ₽36165 per week

₽26632
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72055
₽58294
₽50616
₽59506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
accident
-
-
-
1 879
income
-
-
-
41 843
pensions
-
-
-
33 425
health
-
-
-
15 668
surtax
-
-
-
11 056
communal
-
-
-
14 093
total
-
-
-
117 964
Employee
75 836
-
199 196
-
health
3 375
-
8 863
-
surtax
4 648
-
12 208
-
income
7 325
-
48 264
-
pensions
6 066
-
15 936
-
total
21 414
-
85 271
-
Employer
75 836
-
199 196
-
accident
682
-
1 792
-
pensions
6 066
-
15 936
-
health
2 313
-
6 075
-
total
9 061
-
23 803
-
Corporate
138 104
223 000
-
-
surtax
1 450
2 341
-
-
communal
9 321
15 053
-
-
income
20 716
33 450
-
-
total
31 487
50 844
-
-
Dividends
106 617
172 156
-
-
income
32 331
19 857
-
-
withholding
15 993
25 824
-
-
total
48 324
45 681
-
-
Income
223 000
223 000
223 000
223 000
Total tax
110 286
96 525
109 074
117 964
After tax
112 714
126 475
113 926
105 036
Living cost
54 420
54 420
54 420
54 420
Free-cash
58 294
72 055
59 506
50 616

Estimated living cost  is ₽54420 per week

₽40823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117775
₽114587
₽82420
₽76295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
69 885
pensions
-
-
-
26 730
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 488
surtax
-
-
-
11 756
total
-
-
-
118 087
Employee
33 724
-
194 867
-
other
-
-
-
-
health
861
-
3 407
-
surtax
120
-
10 558
-
income
5 654
-
63 897
-
pensions
2 250
-
8 915
-
unemployment
2 347
-
9 302
-
total
11 232
-
96 079
-
Employer
33 724
-
194 867
-
other
-
-
-
-
unemployment
1 070
-
4 236
-
pensions
4 496
-
17 816
-
health
1 534
-
6 081
-
total
7 100
-
28 133
-
Corporate
182 177
223 000
-
-
income
47 366
57 980
-
-
total
47 366
57 980
-
-
Dividends
134 810
165 020
-
-
withholding
20 222
24 752
-
-
total
20 222
24 752
-
-
Income
223 000
223 000
223 000
223 000
Total tax
85 920
82 732
124 212
118 087
After tax
137 080
140 268
98 788
104 913
Living cost
22 493
22 493
22 493
22 493
Free-cash
114 587
117 775
76 295
82 420

Estimated living cost  is ₽22493 per week

₽13580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90238
₽88013
₽79653
₽71207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
municipal
-
-
-
1 383
regional
-
-
-
3 509
national
-
-
-
61 359
social contributions
-
-
-
50 120
total
-
-
-
116 371
Employee
55 549
-
223 000
-
social contributions
18 732
-
65 709
-
regional
748
-
3 194
-
municipal
295
-
1 258
-
national
8 801
-
54 656
-
total
28 576
-
124 817
-
Employer
55 549
-
223 000
-
total
-
-
-
-
Corporate
167 451
223 000
-
-
nationa
40 189
53 520
-
-
municipal
8 322
11 083
-
-
total
48 511
64 603
-
-
Dividends
118 940
158 397
-
-
withholding
30 924
41 183
-
-
total
30 924
41 183
-
-
Income
223 000
223 000
223 000
223 000
Total tax
108 011
105 786
124 817
116 371
After tax
114 989
117 214
98 183
106 629
Living cost
26 976
26 976
26 976
26 976
Free-cash
88 013
90 238
71 207
79 653

Estimated living cost  is ₽26976 per week

₽16776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123856
₽113267
₽102053
₽92278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
23 736
health
-
-
-
30 105
solidarity contribution
-
-
-
2 768
social contributions
-
-
-
34 658
total
-
-
-
91 267
Employee
43 647
-
177 364
-
social contributions
2 837
-
7 715
-
health
5 892
-
23 944
-
solidarity contribution
-
-
1 891
-
income
5 238
-
21 856
-
total
13 967
-
55 406
-
Employer
43 647
-
177 364
-
social contributions
10 912
-
29 673
-
health
3 928
-
15 963
-
total
14 840
-
45 636
-
Corporate
164 513
223 000
-
-
income
31 258
42 370
-
-
total
31 258
42 370
-
-
Dividends
133 256
180 630
-
-
withholding
19 988
27 094
-
-
total
19 988
27 094
-
-
Income
223 000
223 000
223 000
223 000
Total tax
80 053
69 464
101 042
91 267
After tax
142 947
153 536
121 958
131 733
Living cost
29 680
29 680
29 680
29 680
Free-cash
113 267
123 856
92 278
102 053

Estimated living cost  is ₽29680 per week

₽22072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5450
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91099
₽90605
₽82529
₽26590
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
chamber of commerce
-
-
-
891
income
-
-
-
70 898
pensions
-
-
-
21 643
unemployment
-
-
-
6 142
health
-
-
-
8 949
surtax
-
-
-
-
total
-
-
-
108 523
Employee
43 774
39 907
184 410
-
other
437
399
1 171
-
health
1 693
1 545
4 527
-
income
3 900
2 944
59 532
-
pensions
4 483
4 086
11 980
-
unemployment
1 313
1 197
3 510
-
total
11 826
10 171
80 720
-
Employer
43 774
39 907
184 410
-
accident
568
519
1 520
-
other
2 079
1 895
8 187
-
chamber of commerce
175
160
737
-
unemployment
1 313
1 197
3 510
-
surtax
-
-
-
-
pensions
5 494
5 009
14 682
-
payroll
1 313
1 197
5 532
-
health
1 655
1 509
4 422
-
total
12 597
11 486
38 590
-
Corporate
166 628
171 607
180 609
-
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.

41 658
42 902
45 152
-
total
41 658
42 902
45 152
-
Dividends
124 971
128 704
-
-
withholding
34 366
35 394
-
-
total
34 366
35 394
-
-
Income
223 000
223 000
223 000
223 000
Total tax
100 447
99 953
164 462
108 523
After tax
122 553
123 047
58 538
114 477
Living cost
31 948
31 948
31 948
31 948
Free-cash
90 605
91 099
26 590
82 529

Estimated living cost  is ₽31948 per week

₽19165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽197808
₽195175
₽206728
₽164358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
223 000
microenterprise

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

-
-
-
2 230
total
-
-
-
2 230
Employee
17 553
-
223 000
-
income
3 511
-
44 600
-
total
3 511
-
44 600
-
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%.

205 447
223 000
-
-
total
-
-
-
-
Dividends
205 447
223 000
-
-
withholding
10 272
11 150
-
-
total
10 272
11 150
-
-
Income
223 000
223 000
223 000
223 000
Total tax
13 783
11 150
44 600
2 230
After tax
209 217
211 850
178 400
220 770
Living cost
14 042
14 042
14 042
14 042
Free-cash
195 175
197 808
164 358
206 728

Estimated living cost  is ₽14042 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126675
₽118299
₽76913
₽72068
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 000
income
-
-
-
56 225
pensions
-
-
-
40 725
unemployment
-
-
-
334
health
-
-
-
21 943
total
-
-
-
119 227
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.

44 282
-
192 955
-
health
2 860
-
12 466
-
income
7 636
-
51 383
-
pensions
6 864
-
29 908
-
unemployment
63
-
270
-
total
17 423
-
94 027
-
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.

44 282
-
192 955
-
unemployment
27
-
116
-
pensions
3 919
-
17 077
-
health
2 949
-
12 852
-
total
6 895
-
30 045
-
Corporate
171 823
223 000
-
-
income
32 646
42 370
-
-
total
32 646
42 370
-
-
Dividends
139 177
180 630
-
-
withholding
20 877
27 095
-
-
total
20 877
27 095
-
-
Income
223 000
223 000
223 000
223 000
Total tax
77 841
69 465
124 072
119 227
After tax
145 159
153 535
98 928
103 773
Living cost
26 860
26 860
26 860
26 860
Free-cash
118 299
126 675
72 068
76 913

Estimated living cost  is ₽26860 per week

₽18433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92557
₽45026
₽110995
₽166739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
43 467
social contributions
-
-
-
25 422
total
-
-
-
68 889
Employee
61 823
-
-
-
social contributions
5 070
-
722
-
income
13 637
-
-
-
total
18 707
-
722
-
Employer
61 823
-
-
-
social contributions
87 170
-
12 423
-
total
87 170
-
12 423
-
Corporate
74 007
223 000
-
-
income
16 281
49 060
-
-
total
16 281
49 060
-
-
Dividends
57 725
173 940
-
-
income
12 700
38 267
-
-
total
12 700
38 267
-
-
Income
223 000
223 000
223 000
223 000
Total tax
134 858
87 327
13 145
68 889
After tax
88 142
135 673
209 855
154 111
Living cost
43 116
43 116
43 116
43 116
Free-cash
45 026
92 557
166 739
110 995

Estimated living cost  is ₽43116 per week

₽27976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10536
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95432
₽94424
₽85025
₽67694
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 000
income
-
-
-
29 071
surtax
-
-
-
-
social contributions

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

-
-
-
77 493
total
-
-
-
106 564
Employee
46 057
-
180 202
-
social contributions
5 066
-
19 823
-
surtax
-
-
209
-
income
9 580
-
61 065
-
total
14 646
-
81 097
-
Employer
46 057
-
180 202
-
social contributions
10 938
-
42 798
-
total
10 938
-
42 798
-
Corporate
166 005
223 000
-
-
surtax
-
-
-
-
income
34 860
46 830
-
-
total
34 860
46 830
-
-
Dividends
131 145
176 170
-
-
withholding
36 721
49 327
-
-
total
36 721
49 327
-
-
Income
223 000
223 000
223 000
223 000
Total tax
97 165
96 157
123 895
106 564
After tax
125 835
126 843
99 105
116 436
Living cost
31 411
31 411
31 411
31 411
Free-cash
94 424
95 432
67 694
85 025

Estimated living cost  is ₽31411 per week

₽23502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64025
₽70908
₽73860
₽67470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
41 302
pensions
-
-
-
35 322
other
-
-
-
6 913
health
-
-
-
10 883
surtax
-
-
-
-
social contributions
-
-
-
6 353
total
-
-
-
100 773
Employee
62 720
-
170 197
-
social contributions
1 786
-
4 850
-
surtax
-
-
-
-
income
5 472
-
36 682
-
pensions
7 094
-
12 827
-
total
14 352
-
54 359
-
Employer
62 720
-
170 197
-
other
2 165
-
7 062
-
social contributions
188
-
511
-
unemployment
2 541
-
6 893
-
pensions
10 306
-
21 416
-
health
4 390
-
16 922
-
total
19 590
-
52 804
-
Corporate
140 691
223 000
-
-
surtax
-
-
-
-
income
39 394
62 440
-
-
total
39 394
62 440
-
-
Dividends
101 297
160 560
-
-
surtax
-
-
-
-
social contributions
17 424
27 616
-
-
withholding
12 966
20 552
-
-
total
30 390
48 168
-
-
Income
223 000
223 000
223 000
223 000
Total tax
103 726
110 608
107 163
100 773
After tax
119 274
112 392
115 837
122 227
Living cost
48 366
48 366
48 366
48 366
Free-cash
70 908
64 025
67 470
73 860

Estimated living cost  is ₽48366 per week

₽32734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170597
₽167234
₽132524
₽138451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
11 313
social contributions
-
-
-
49 061
total
-
-
-
60 374
Employee
32 194
-
193 073
-
income
-
-
11 970
-
social contributions
2 092
-
12 550
-
total
2 092
-
24 520
-
Employer
32 194
-
193 073
-
social contributions
4 990
-
29 927
-
total
4 990
-
29 927
-
Corporate
185 816
223 000
-
-
income
18 582
22 301
-
-
total
18 582
22 301
-
-
Dividends
167 234
200 699
-
-
total
-
-
-
-
Income
223 000
223 000
223 000
223 000
Total tax
25 664
22 301
54 447
60 374
After tax
197 336
200 699
168 553
162 626
Living cost
30 102
30 102
30 102
30 102
Free-cash
167 234
170 597
138 451
132 524

Estimated living cost  is ₽30102 per week

₽19463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4710
₽2682
₽80582
₽4710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
municipal
-
-
-
47 833
pensions
-
-
-
868
national
-
-
-
27 695
labour market
-
-
-
17 771
total
-
-
-
94 167
Employee
203 657
203 657
203 657
-
labour market
16 269
16 269
16 269
-
national
24 880
24 880
24 880
-
municipal
43 368
43 368
43 368
-
pensions
289
289
289
-
total
84 806
84 806
84 806
-
Employer
203 657
203 657
203 657
-
labour market
16 293
16 293
16 293
-
municipal
43 437
43 437
43 437
-
pensions
579
579
579
-
national
24 924
24 924
24 924
-
total
85 233
85 233
85 233
-
Corporate
4 710
-
-
-
income
1 036
-
-
-
total
1 036
-
-
-
Dividends
3 674
-
-
-
withholding
992
-
-
-
total
992
-
-
-
Income
223 000
223 000
223 000
223 000
Total tax
172 067
170 039
170 039
94 167
After tax
50 933
52 961
52 961
128 833
Living cost
48 251
48 251
48 251
48 251
Free-cash
2 682
4 710
4 710
80 582

Estimated living cost  is ₽48251 per week

₽33024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4268
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3562
₽14746
₽130648
₽101165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
accident
-
-
-
252
income
-
-
-
63 778
pensions
-
-
-
4 151
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
70 727
Employee
34 018
-
203 619
-
health
3 895
-
23 314
-
income
4 667
-
49 903
-
pensions
3 831
-
7 612
-
total
12 393
-
80 829
-
Employer
34 018
-
203 619
-
accident
568
-
3 400
-
unemployment
834
-
4 989
-
pensions
5 531
-
10 992
-
total
6 933
-
19 381
-
Corporate
182 049
223 000
-
-
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.

163 844
200 700
-
-
total
163 844
200 700
-
-
Dividends
18 205
22 300
-
-
withholding
3 459
4 237
-
-
total
3 459
4 237
-
-
Income
223 000
223 000
223 000
223 000
Total tax
186 629
204 937
100 210
70 727
After tax
36 371
18 063
122 790
152 273
Living cost
21 625
21 625
21 625
21 625
Free-cash
14 746
-3 562
101 165
130 648

Estimated living cost  is ₽21625 per week

₽15741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98396
₽101488
₽98612
₽73072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
223 000
municipal
-
-
-
39 598
health
-
-
-
3 016
national
-
-
-
43 327
total
-
-
-
85 941
Employee
52 686
-
187 598
-
health
393
-
2 470
-
municipal
8 630
-
30 537
-
pensions
3 556
-
12 662
-
unemployment
791
-
2 814
-
national
870
-
27 597
-
total
14 240
-
76 080
-
Employer
52 686
-
187 598
-
accident
53
-
188
-
unemployment
342
-
1 220
-
pensions
9 141
-
32 549
-
health
405
-
1 444
-
total
9 941
-
35 401
-
Corporate
160 373
223 000
-
-
income
32 074
44 599
-
-
total
32 074
44 599
-
-
Dividends

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

96 224
133 800
-
-
national
9 490
17 475
-
-
municipal
17 320
24 083
-
-
total
26 810
41 558
-
-
Income
223 000
223 000
223 000
223 000
Total tax
83 065
86 157
111 481
85 941
After tax
139 935
136 843
111 519
137 059
Living cost
38 447
38 447
38 447
38 447
Free-cash
101 488
98 396
73 072
98 612

Estimated living cost  is ₽38447 per week

₽25113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139345
₽133894
₽126903
₽125067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
51 024
health
-
-
-
5 686
social contributions
-
-
-
16 202
total
-
-
-
72 912
Employee
77 003
77 003
210 486
-
social contributions
2 911
6 391
8 620
-
health
597
1 309
3 578
-
income
8 384
7 128
50 036
-
total
11 892
14 828
62 234
-
Employer
77 003
77 003
210 486
-
social contributions
2 911
6 391
8 620
-
health
648
1 425
3 894
-
total
3 559
7 816
12 514
-
Corporate
184 363
138 181
-
-
income
23 046
17 272
-
-
total
23 046
17 272
-
-
Dividends
161 317
120 908
-
-
withholding
27 424
20 554
-
-
total
27 424
20 554
-
-
Income
223 000
223 000
223 000
223 000
Total tax
65 921
60 470
74 748
72 912
After tax
157 079
162 530
148 252
150 088
Living cost
23 185
23 185
23 185
23 185
Free-cash
133 894
139 345
125 067
126 903

Estimated living cost  is ₽23185 per week

₽13895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168767
₽163672
₽174004
₽153919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
223 000
income
-
-
-
23 074
pensions
-
-
-
6 370
unemployment
-
-
-
29
health
-
-
-
3 624
total
-
-
-
33 097
Employee

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

22 986
-
213 213
-
health
1 954
-
8 077
-
income
1 572
-
20 590
-
pensions
3 447
-
14 253
-
unemployment
114
-
475
-
total
7 087
-
43 395
-
Employer

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

22 986
-
213 213
-
unemployment
114
-
475
-
pensions
1 264
-
5 226
-
health
988
-
4 086
-
total
2 366
-
9 787
-
Corporate
197 648
223 000
-
-
income
17 789
20 070
-
-
total
17 789
20 070
-
-
Dividends
179 859
202 930
-
-
withholding
16 187
18 264
-
-
total
16 187
18 264
-
-
Income
223 000
223 000
223 000
223 000
Total tax
43 429
38 334
53 182
33 097
After tax
179 571
184 666
169 818
189 903
Living cost
15 899
15 899
15 899
15 899
Free-cash
163 672
168 767
153 919
174 004

Estimated living cost  is ₽15899 per week

₽10144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120545
₽116122
₽97088
₽92887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
accident
-
-
-
836
income
-
-
-
70 529
pensions
-
-
-
26 267
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
98 375
Employee
37 028
-
193 410
-
other
36
-
93
-
income
7 139
-
67 091
-
pensions
1 741
-
4 363
-
unemployment
574
-
1 439
-
total
9 490
-
72 986
-
Employer
37 028
-
193 410
-
accident
734
-
1 838
-
other
296
-
743
-
unemployment
2 037
-
5 104
-
pensions
8 738
-
21 905
-
total
11 805
-
29 590
-
Corporate
174 167
223 000
-
-
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.

26 124
33 450
-
-
total
26 124
33 450
-
-
Dividends
148 043
189 550
-
-
withholding
31 922
41 468
-
-
total
31 922
41 468
-
-
Income
223 000
223 000
223 000
223 000
Total tax
79 341
74 918
102 576
98 375
After tax
143 659
148 082
120 424
124 625
Living cost
27 537
27 537
27 537
27 537
Free-cash
116 122
120 545
92 887
97 088

Estimated living cost  is ₽27537 per week

₽18587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136413
₽135963
₽140602
₽140407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
76 212
pensions
-
-
-
1 998
health
-
-
-
1 449
total
-
-
-
79 659
Employee
4 172
-
220 752
-
health
209
-
500
-
income
807
-
76 107
-
pensions
375
-
899
-
unemployment
42
-
100
-
total
1 433
-
77 606
-
Employer
4 172
-
220 752
-
unemployment
83
-
200
-
pensions
459
-
1 099
-
health
396
-
949
-
total
938
-
2 248
-
Corporate
217 889
223 000
-
-
income
47 936
49 060
-
-
total
47 936
49 060
-
-
Dividends
169 953
173 940
-
-
withholding
33 991
34 788
-
-
total
33 991
34 788
-
-
Income
223 000
223 000
223 000
223 000
Total tax
84 298
83 848
79 854
79 659
After tax
138 702
139 152
143 146
143 341
Living cost
2 739
2 739
2 739
2 739
Free-cash
135 963
136 413
140 407
140 602

Estimated living cost  is ₽2739 per week

₽1628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143799
₽138871
₽126138
₽126137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 000
income
-
-
-
51 567
pensions
-
-
-
19 243
unemployment
-
-
-
1 110
health
-
-
-
7 623
total
-
-
-
79 543
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.

26 117
-
209 752
-
health
1 345
-
3 812
-
income
3 600
-
51 567
-
pensions
3 656
-
10 362
-
unemployment
196
-
555
-
total
8 797
-
66 296
-
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.

26 117
-
209 752
-
unemployment
196
-
555
-
pensions
3 134
-
8 881
-
health
1 345
-
3 812
-
total
4 675
-
13 248
-
Corporate
192 209
223 000
-
-
income
28 831
33 450
-
-
total
28 831
33 450
-
-
Dividends
163 377
189 550
-
-
withholding
24 507
28 432
-
-
total
24 507
28 432
-
-
Income
223 000
223 000
223 000
223 000
Total tax
66 810
61 882
79 544
79 543
After tax
156 190
161 118
143 456
143 457
Living cost
17 319
17 319
17 319
17 319
Free-cash
138 871
143 799
126 137
126 138

Estimated living cost  is ₽17319 per week

₽11661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99846
₽99484
₽89439
₽72108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 000
income
-
-
-
29 071
surtax
-
-
-
-
social contributions

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

-
-
-
77 493
total
-
-
-
106 564
Employee
38 867
-
180 202
-
social contributions
4 276
-
19 823
-
surtax
-
-
209
-
income
7 594
-
61 065
-
total
11 870
-
81 097
-
Employer
38 867
-
180 202
-
social contributions
9 230
-
42 798
-
total
9 230
-
42 798
-
Corporate
174 903
223 000
-
-
surtax
-
-
-
-
income
36 730
46 830
-
-
total
36 730
46 830
-
-
Dividends
138 173
176 170
-
-
withholding
38 689
49 327
-
-
total
38 689
49 327
-
-
Income
223 000
223 000
223 000
223 000
Total tax
96 519
96 157
123 895
106 564
After tax
126 481
126 843
99 105
116 436
Living cost
26 997
26 997
26 997
26 997
Free-cash
99 484
99 846
72 108
89 439

Estimated living cost  is ₽26997 per week

₽19121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1876
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.
₽5522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112888
₽106334
₽89431
₽85230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
accident
-
-
-
836
income
-
-
-
70 529
pensions
-
-
-
26 267
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
98 375
Employee
48 363
-
193 410
-
other
48
-
93
-
income
10 101
-
67 091
-
pensions
2 273
-
4 363
-
unemployment
749
-
1 439
-
total
13 171
-
72 986
-
Employer
48 363
-
193 410
-
accident
958
-
1 838
-
other
388
-
743
-
unemployment
2 660
-
5 104
-
pensions
11 414
-
21 905
-
total
15 420
-
29 590
-
Corporate
159 217
223 000
-
-
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.

23 882
33 450
-
-
total
23 882
33 450
-
-
Dividends
135 336
189 550
-
-
withholding
28 999
41 468
-
-
total
28 999
41 468
-
-
Income
223 000
223 000
223 000
223 000
Total tax
81 472
74 918
102 576
98 375
After tax
141 528
148 082
120 424
124 625
Living cost
35 194
35 194
35 194
35 194
Free-cash
106 334
112 888
85 230
89 431

Estimated living cost  is ₽35194 per week

₽25275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173419
₽167309
₽162954
₽172200
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
33 450
pensions

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

-
-
-
5 183
unemployment
-
-
-
140
health
-
-
-
4 027
total
-
-
-
42 800
Employee
22 837
-
216 129
-
health
1 051
-
1 611
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
income
2 284
-
21 613
-
pensions

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

2 005
-
3 075
-
total
5 591
-
26 684
-
Employer
22 837
-
216 129
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
unemployment
137
-
210
-
pensions

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

2 517
-
3 859
-
health
1 576
-
2 416
-
total
4 481
-
6 870
-
Corporate
195 683
223 000
-
-
income
19 568
22 300
-
-
total
19 568
22 300
-
-
Dividends
176 115
200 700
-
-
withholding
8 805
10 035
-
-
total
8 805
10 035
-
-
Income
223 000
223 000
223 000
223 000
Total tax
38 445
32 335
33 554
42 800
After tax
184 555
190 665
189 446
180 200
Living cost
17 246
17 246
17 246
17 246
Free-cash
167 309
173 419
172 200
162 954

Estimated living cost  is ₽17246 per week

₽11407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76030
₽89128
₽74003
₽99321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 000
trade
-
-
-
25 318
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.

-
-
-
74 100
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.

-
-
-
6 841
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.

-
-
-
4 076
total
-
-
-
110 335
Employee

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

49 826
-
223 000
-
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.

6 841
-
6 841
-
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.

226
-
4 076
-
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.

4 097
-
74 100
-
total
11 164
-
85 017
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 174
223 000
-
-
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.

1 429
1 840
-
-
income
25 976
33 450
-
-
trade
24 851
32 000
-
-
chamber of commerce
407
479
-
-
total
52 663
67 769
-
-
Dividends
120 511
155 232
-
-
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.

1 636
2 113
-
-
withholding
29 748
38 427
-
-
total
31 384
40 540
-
-
Income
223 000
223 000
223 000
223 000
Total tax
95 211
108 309
85 017
110 335
After tax
127 789
114 691
137 983
112 665
Living cost
38 662
38 662
38 662
38 662
Free-cash
89 128
76 030
99 321
74 003

Estimated living cost  is ₽38662 per week

₽26670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4160
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.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99056
₽101266
₽55022
₽55022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
72 649
social contributions
-
-
-
38 285
total
-
-
-
110 934
Employee
78 332
-
223 000
-
income
14 781
-
72 649
-
social contributions
6 508
-
38 285
-
total
21 289
-
110 934
-
Employer
78 332
-
223 000
-
total
-
-
-
-
Corporate
144 668
223 000
-
-
income
18 084
27 874
-
-
total
18 084
27 874
-
-
Dividends
126 584
195 126
-
-
withholding
25 317
39 026
-
-
total
25 317
39 026
-
-
Income
223 000
223 000
223 000
223 000
Total tax
64 690
66 900
110 934
110 934
After tax
158 310
156 100
112 066
112 066
Living cost
57 044
57 044
57 044
57 044
Free-cash
101 266
99 056
55 022
55 022

Estimated living cost  is ₽57044 per week

₽43398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103309
₽106806
₽146523
₽119362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 000
income
-
-
-
33 450
health

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

-
-
-
6 676
total
-
-
-
40 126
Employee
45 939
-
218 394
-
income
4 985
-
58 075
-
social contributions
4 603
-
4 606
-
total
9 588
-
62 681
-
Employer
45 939
-
218 394
-
social contributions
4 603
-
4 606
-
total
4 603
-
4 606
-
Corporate
172 459
223 000
-
-
income
60 361
78 049
-
-
total
60 361
78 049
-
-
Dividends
112 098
144 951
-
-
social contributions
5 291
5 291
-
-
total
5 291
5 291
-
-
Income
223 000
223 000
223 000
223 000
Total tax
79 843
83 340
67 287
40 126
After tax
143 157
139 660
155 713
182 874
Living cost
36 351
36 351
36 351
36 351
Free-cash
106 806
103 309
119 362
146 523

Estimated living cost  is ₽36351 per week

₽23944
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2866
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.
₽8983
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103639
₽109604
₽107034
₽87104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
income
-
-
-
68 569
pensions
-
-
-
9 974
total
-
-
-
78 543
Employee
51 368
-
194 381
-
health
670
-
2 641
-
income
9 355
-
55 280
-
pensions
3 921
-
11 936
-
total
13 946
-
69 857
-
Employer
51 368
-
194 381
-
pensions
5 190
-
24 924
-
health
976
-
3 692
-
total
6 166
-
28 616
-
Corporate
165 465
223 000
-
-
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.

31 439
42 371
-
-
total
31 439
42 371
-
-
Dividends
134 027
180 629
-
-
withholding
24 422
39 567
-
-
total
24 422
39 567
-
-
Income
223 000
223 000
223 000
223 000
Total tax
75 973
81 938
98 473
78 543
After tax
147 027
141 062
124 527
144 457
Living cost
37 423
37 423
37 423
37 423
Free-cash
109 604
103 639
87 104
107 034

Estimated living cost  is ₽37423 per week

₽25672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3441
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.
₽7839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5704
₽14417
₽128506
₽99023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
accident
-
-
-
252
income
-
-
-
63 778
pensions
-
-
-
4 151
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
70 727
Employee
37 386
-
203 619
-
health
4 280
-
23 314
-
income
5 129
-
49 903
-
pensions
4 210
-
7 612
-
total
13 619
-
80 829
-
Employer
37 386
-
203 619
-
accident
624
-
3 400
-
unemployment
916
-
4 989
-
pensions
6 079
-
10 992
-
total
7 619
-
19 381
-
Corporate
177 996
223 000
-
-
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.

160 196
200 700
-
-
total
160 196
200 700
-
-
Dividends
17 799
22 300
-
-
withholding
3 382
4 237
-
-
total
3 382
4 237
-
-
Income
223 000
223 000
223 000
223 000
Total tax
184 816
204 937
100 210
70 727
After tax
38 184
18 063
122 790
152 273
Living cost
23 767
23 767
23 767
23 767
Free-cash
14 417
-5 704
99 023
128 506

Estimated living cost  is ₽23767 per week

₽17442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1385
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.
₽4461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157067
₽154037
₽127956
₽149978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
223 000
work injury
-
-
-
801
health insurance
-
-
-
11 852
income
-
-
-
37 472
pensions
-
-
-
29 469
unemployment
-
-
-
1 922
total
-
-
-
81 516
Employee

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

21 644
-
223 000
-
work injury
108
-
400
-
income
2 164
-
37 472
-
pensions
3 982
-
14 735
-
health insurance
1 602
-
5 926
-
unemployment
260
-
961
-
total
8 116
-
59 494
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
201 356
223 000
-
-
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%.

20 136
22 300
-
-
total
20 136
22 300
-
-
Dividends
181 220
200 700
-
-
withholding
27 183
30 105
-
-
total
27 183
30 105
-
-
Income
223 000
223 000
223 000
223 000
Total tax
55 435
52 405
59 494
81 516
After tax
167 565
170 595
163 506
141 484
Living cost
13 528
13 528
13 528
13 528
Free-cash
154 037
157 067
149 978
127 956

Estimated living cost  is ₽13528 per week

₽8381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽983
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77568
₽73011
₽64648
₽56421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
223 000
municipal
-
-
-
1 556
regional
-
-
-
5 423
national
-
-
-
61 359
social contributions
-
-
-
50 120
total
-
-
-
118 458
Employee
84 385
-
223 000
-
social contributions
28 454
-
65 709
-
regional
1 274
-
4 904
-
municipal
504
-
1 416
-
national
14 260
-
54 656
-
total
44 492
-
126 685
-
Employer
84 385
-
223 000
-
total
-
-
-
-
Corporate
138 615
223 000
-
-
nationa
33 268
53 520
-
-
municipal
6 682
10 748
-
-
total
39 950
64 268
-
-
Dividends
98 666
158 732
-
-
withholding
25 653
41 270
-
-
total
25 653
41 270
-
-
Income
223 000
223 000
223 000
223 000
Total tax
110 095
105 538
126 685
118 458
After tax
112 905
117 462
96 315
104 542
Living cost
39 894
39 894
39 894
39 894
Free-cash
73 011
77 568
56 421
64 648

Estimated living cost  is ₽39894 per week

₽28023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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