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
₽ 224000
per

Your estimated
City
free-cash

Dresden , Germany
₽82337
₽93498
₽80192
₽108082
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 000
trade
-
-
-
27 890
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.

-
-
-
74 369
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.

-
-
-
6 894
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.

-
-
-
4 090
total
-
-
-
113 243
Employee

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

38 597
-
224 000
-
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.

6 894
-
6 894
-
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
-
4 090
-
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.

1 078
-
74 369
-
total
8 031
-
85 353
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
185 403
224 000
-
-
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.

1 530
1 848
-
-
income
27 811
33 600
-
-
trade
29 202
35 280
-
-
chamber of commerce
419
475
-
-
total
58 962
71 203
-
-
Dividends
126 441
152 797
-
-
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.

1 718
2 080
-
-
withholding
31 226
37 815
-
-
total
32 944
39 895
-
-
Income
224 000
224 000
224 000
224 000
Total tax
99 937
111 098
85 353
113 243
After tax
124 063
112 902
138 647
110 757
Living cost
30 565
30 565
30 565
30 565
Free-cash
93 498
82 337
108 082
80 192

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88786
₽87937
₽76779
₽77981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
municipal
-
-
-
24 871
pensions
-
-
-
26 880
national
-
-
-
42 072
social contributions
-
-
-
2 408
total
-
-
-
96 231
Employee
79 044
-
193 646
-
municipal
9 763
-
25 738
-
pensions
3 162
-
7 746
-
national
15 129
-
43 971
-
total
28 054
-
77 455
-
Employer
79 044
-
193 646
-
social contributions
850
-
2 082
-
pensions
6 324
-
15 492
-
total
7 174
-
17 574
-
Corporate
132 566
224 000
-
-
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%.

26 513
44 800
-
-
total
26 513
44 800
-
-
Dividends
106 053
179 200
-
-
withholding
23 332
39 424
-
-
total
23 332
39 424
-
-
Income
224 000
224 000
224 000
224 000
Total tax
85 073
84 224
95 029
96 231
After tax
138 927
139 776
128 971
127 769
Living cost
50 990
50 990
50 990
50 990
Free-cash
87 937
88 786
77 981
76 779

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158207
₽149928
₽60278
₽76236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 000
microenterprise
-
-
-
-
income
-
-
-
46 944
surtax
-
-
-
57 120
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.

-
-
-
38 664
total
-
-
-
142 728
Employee
29 487
-
175 700
-
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.

3 244
-
13 229
-
surtax
-
-
25 477
-
income
5 249
-
39 764
-
total
8 493
-
78 470
-
Employer
29 487
-
175 700
-
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.

7 103
-
28 972
-
surtax
-
-
19 328
-
total
7 103
-
48 300
-
Corporate
187 410
224 000
-
-
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%.

37 482
44 799
-
-
total
37 482
44 799
-
-
Dividends

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

149 928
179 201
-
-
total
-
-
-
-
Income
224 000
224 000
224 000
224 000
Total tax
53 078
44 799
126 770
142 728
After tax
170 922
179 201
97 230
81 272
Living cost
20 994
20 994
20 994
20 994
Free-cash
149 928
158 207
76 236
60 278

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69318
₽63134
₽78174
₽100991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
79 286
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
103 553
Employee
86 174
86 174
205 247
-
health
13 227
11 251
12 444
-
income

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

14 105
14 105
37 715
-
pensions
15 511
11 823
11 823
-
total
42 843
37 179
61 982
-
Employer
86 174
86 174
205 247
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
123 793
122 735
-
-
income
24 759
24 546
-
-
total
24 759
24 546
-
-
Dividends
99 034
98 189
-
-
income
21 046
20 866
-
-
withholding
14 855
14 728
-
-
total
35 901
35 594
-
-
Income
224 000
224 000
224 000
224 000
Total tax
118 593
112 409
80 736
103 553
After tax
105 407
111 591
143 264
120 447
Living cost
42 273
42 273
42 273
42 273
Free-cash
63 134
69 318
100 991
78 174

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83315
₽82439
₽72834
₽71888
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
municipal
-
-
-
59 415
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 929
unemployment
-
-
-
85
health
-
-
-
5 332
national
-
-
-
28 008
total
-
-
-
112 177
Employee
55 556
-
197 151
-
municipal
16 567
-
58 790
-
national
-
-
27 485
-
total
16 567
-
86 275
-
Employer
55 556
-
197 151
-
accident
111
-
171
-
other
6 456
-
9 929
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 848
-
Corporate
150 988
224 000
-
-
income
33 217
49 280
-
-
total
33 217
49 280
-
-
Dividends
117 771
174 720
-
-
withholding
35 331
52 416
-
-
total
35 331
52 416
-
-
Income
224 000
224 000
224 000
224 000
Total tax
102 572
101 696
113 123
112 177
After tax
121 428
122 304
110 877
111 823
Living cost
38 989
38 989
38 989
38 989
Free-cash
82 439
83 315
71 888
72 834

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72107
₽86286
₽69874
₽99005
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 000
trade
-
-
-
29 131
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.

-
-
-
74 369
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.

-
-
-
6 894
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.

-
-
-
4 090
total
-
-
-
114 484
Employee

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

51 174
-
224 000
-
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.

6 894
-
6 894
-
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.

241
-
4 090
-
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.

4 397
-
74 369
-
total
11 532
-
85 353
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 826
224 000
-
-
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.

1 427
1 848
-
-
income
25 923
33 600
-
-
trade
28 430
36 848
-
-
chamber of commerce
398
471
-
-
total
56 178
72 767
-
-
Dividends
116 648
151 232
-
-
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.

1 584
2 059
-
-
withholding
28 778
37 425
-
-
total
30 362
39 484
-
-
Income
224 000
224 000
224 000
224 000
Total tax
98 072
112 251
85 353
114 484
After tax
125 928
111 749
138 647
109 516
Living cost
39 642
39 642
39 642
39 642
Free-cash
86 286
72 107
99 005
69 874

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130531
₽126342
₽118058
₽116215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
51 172
health
-
-
-
5 712
social contributions
-
-
-
16 327
total
-
-
-
73 211
Employee
77 596
77 596
211 403
-
social contributions
3 771
6 440
8 686
-
health
772
1 319
3 594
-
income
8 148
7 183
50 178
-
total
12 691
14 942
62 458
-
Employer
77 596
77 596
211 403
-
social contributions
3 771
6 440
8 686
-
health
841
1 436
3 910
-
total
4 612
7 876
12 596
-
Corporate
173 967
138 527
-
-
income
21 747
17 315
-
-
total
21 747
17 315
-
-
Dividends
152 221
121 212
-
-
withholding
25 877
20 605
-
-
total
25 877
20 605
-
-
Income
224 000
224 000
224 000
224 000
Total tax
64 927
60 738
75 054
73 211
After tax
159 073
163 262
148 946
150 789
Living cost
32 731
32 731
32 731
32 731
Free-cash
126 342
130 531
116 215
118 058

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107400
₽107780
₽136841
₽111520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
27 384
pensions
-
-
-
22 400
unemployment
-
-
-
3 360
health
-
-
-
15 680
total
-
-
-
68 824
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.

26 467
10 533
187 448
-
health
1 853
737
13 121
-
income
3 236
1 288
22 915
-
pensions
2 647
1 053
18 745
-
unemployment
397
158
2 812
-
total
8 133
3 236
57 593
-
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.

26 467
10 533
187 448
-
pensions
5 161
2 054
36 552
-
total
5 161
2 054
36 552
-
Corporate
192 372
211 413
-
-
income
17 314
19 027
-
-
total
17 314
19 027
-
-
Dividends
175 059
192 386
-
-
social contributions
34 016
37 395
-
-
withholding
33 261
36 553
-
-
total
67 277
73 948
-
-
Income
224 000
224 000
224 000
224 000
Total tax
97 885
98 265
94 145
68 824
After tax
126 115
125 735
129 855
155 176
Living cost
18 335
18 335
18 335
18 335
Free-cash
107 780
107 400
111 520
136 841

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154827
₽148556
₽95690
₽104736
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
30 016
pensions
-
-
-
44 801
health
-
-
-
29 119
total
-
-
-
103 936
Employee
28 627
-
167 414
-
income
3 223
-
32 277
-
pensions
573
-
3 347
-
unemployment
458
-
2 679
-
total
4 254
-
38 303
-
Employer
28 627
-
167 414
-
unemployment
230
-
1 339
-
pensions
5 726
-
33 484
-
health
3 721
-
21 764
-
total
9 677
-
56 587
-
Corporate
185 697
224 000
-
-
income
37 139
44 799
-
-
total
37 139
44 799
-
-
Dividends
148 557
179 201
-
-
total
-
-
-
-
Income
224 000
224 000
224 000
224 000
Total tax
51 070
44 799
94 890
103 936
After tax
172 930
179 201
129 110
120 064
Living cost
24 374
24 374
24 374
24 374
Free-cash
148 556
154 827
104 736
95 690

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3927
₽14758
₽130886
₽101261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
accident
-
-
-
253
income
-
-
-
64 056
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
71 043
Employee
34 719
-
204 521
-
health
3 975
-
23 418
-
income
4 763
-
50 116
-
pensions
3 909
-
7 654
-
total
12 647
-
81 188
-
Employer
34 719
-
204 521
-
accident
580
-
3 416
-
unemployment
851
-
5 011
-
pensions
5 646
-
11 053
-
total
7 077
-
19 480
-
Corporate
182 206
224 000
-
-
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.

163 985
201 600
-
-
total
163 985
201 600
-
-
Dividends
18 221
22 400
-
-
withholding
3 462
4 256
-
-
total
3 462
4 256
-
-
Income
224 000
224 000
224 000
224 000
Total tax
187 171
205 856
100 668
71 043
After tax
36 829
18 144
123 332
152 957
Living cost
22 071
22 071
22 071
22 071
Free-cash
14 758
-3 927
101 261
130 886

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽203721
₽202019
₽212681
₽170121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
224 000
microenterprise

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

-
-
-
2 240
total
-
-
-
2 240
Employee
11 349
-
224 000
-
income
2 269
-
44 800
-
total
2 269
-
44 800
-
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%.

212 651
224 000
-
-
total
-
-
-
-
Dividends
212 651
224 000
-
-
withholding
10 633
11 200
-
-
total
10 633
11 200
-
-
Income
224 000
224 000
224 000
224 000
Total tax
12 902
11 200
44 800
2 240
After tax
211 098
212 800
179 200
221 760
Living cost
9 079
9 079
9 079
9 079
Free-cash
202 019
203 721
170 121
212 681

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137683
₽130868
₽107230
₽105371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
39 012
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.

-
-
-
36 829
other
-
-
-
7 288
health
-
-
-
6 752
total
-
-
-
89 881
Employee
36 640
-
185 078
-
health
513
-
2 149
-
income
6 308
-
38 394
-
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.

2 564
-
10 741
-
unemployment
366
-
1 534
-
total
9 751
-
52 818
-
Employer
36 640
-
185 078
-
accident
293
-
1 480
-
other
1 833
-
7 671
-
unemployment
366
-
1 534
-
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.

6 229
-
26 088
-
health
513
-
2 149
-
total
9 234
-
38 922
-
Corporate
178 126
224 000
-
-
income
37 407
47 040
-
-
total
37 407
47 040
-
-
Dividends
140 719
176 960
-
-
withholding
9 851
12 388
-
-
total
9 851
12 388
-
-
Income
224 000
224 000
224 000
224 000
Total tax
66 243
59 428
91 740
89 881
After tax
157 757
164 572
132 260
134 119
Living cost
26 889
26 889
26 889
26 889
Free-cash
130 868
137 683
105 371
107 230

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73983
₽82138
₽77390
₽57366
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
68 865
pensions
-
-
-
10 023
total
-
-
-
78 888
Employee
95 816
-
195 254
-
health
1 579
-
2 654
-
income
17 272
-
55 518
-
pensions
9 244
-
11 994
-
total
28 095
-
70 166
-
Employer
95 816
-
195 254
-
pensions
11 313
-
25 035
-
health
1 820
-
3 711
-
total
13 133
-
28 746
-
Corporate
115 051
224 000
-
-
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.

21 859
42 561
-
-
total
21 859
42 561
-
-
Dividends
93 192
181 439
-
-
withholding
11 053
39 734
-
-
total
11 053
39 734
-
-
Income
224 000
224 000
224 000
224 000
Total tax
74 140
82 295
98 912
78 888
After tax
149 860
141 705
125 088
145 112
Living cost
67 722
67 722
67 722
67 722
Free-cash
82 138
73 983
57 366
77 390

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽178281
₽173591
₽167744
₽177025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
33 600
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
43 017
Employee
17 531
-
217 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
21 708
-
pensions

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

1 539
-
3 097
-
total
4 291
-
26 815
-
Employer
17 531
-
217 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
203 029
224 000
-
-
income
20 303
22 400
-
-
total
20 303
22 400
-
-
Dividends
182 727
201 600
-
-
withholding
9 136
10 080
-
-
total
9 136
10 080
-
-
Income
224 000
224 000
224 000
224 000
Total tax
37 170
32 480
33 736
43 017
After tax
186 830
191 520
190 264
180 983
Living cost
13 239
13 239
13 239
13 239
Free-cash
173 591
178 281
177 025
167 744

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55634
₽58173
₽64490
₽87307
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
79 286
pensions
-
-
-
11 823
health
-
-
-
12 444
total
-
-
-
103 553
Employee
93 558
86 174
205 247
-
health
11 672
11 251
12 444
-
income

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

14 105
14 105
37 715
-
pensions
11 823
11 823
11 823
-
total
37 600
37 179
61 982
-
Employer
93 558
86 174
205 247
-
unemployment
3 368
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 501
5 990
7 444
-
total
16 380
15 090
18 754
-
Corporate
114 061
122 735
-
-
income
22 813
24 546
-
-
total
22 813
24 546
-
-
Dividends
91 248
98 189
-
-
income
19 391
20 866
-
-
withholding
13 686
14 728
-
-
total
33 077
35 594
-
-
Income
224 000
224 000
224 000
224 000
Total tax
109 870
112 409
80 736
103 553
After tax
114 130
111 591
143 264
120 447
Living cost
55 957
55 957
55 957
55 957
Free-cash
58 173
55 634
87 307
64 490

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130057
₽121434
₽108178
₽98355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
23 848
health
-
-
-
30 240
solidarity contribution
-
-
-
2 792
social contributions
-
-
-
34 775
total
-
-
-
91 655
Employee
35 540
-
178 189
-
social contributions
2 310
-
7 741
-
health
4 798
-
24 056
-
solidarity contribution
-
-
1 911
-
income
4 265
-
21 959
-
total
11 373
-
55 667
-
Employer
35 540
-
178 189
-
social contributions
8 885
-
29 774
-
health
3 199
-
16 037
-
total
12 084
-
45 811
-
Corporate
176 377
224 000
-
-
income
33 512
42 560
-
-
total
33 512
42 560
-
-
Dividends
142 865
181 440
-
-
withholding
21 430
27 216
-
-
total
21 430
27 216
-
-
Income
224 000
224 000
224 000
224 000
Total tax
78 399
69 776
101 478
91 655
After tax
145 601
154 224
122 522
132 345
Living cost
24 167
24 167
24 167
24 167
Free-cash
121 434
130 057
98 355
108 178

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76932
₽71665
₽65184
₽56627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
municipal
-
-
-
1 388
regional
-
-
-
2 818
national
-
-
-
61 523
social contributions
-
-
-
50 506
total
-
-
-
116 235
Employee
89 684
-
224 000
-
social contributions
30 241
-
66 215
-
regional
846
-
2 546
-
municipal
475
-
1 262
-
national
15 540
-
54 769
-
total
47 102
-
124 792
-
Employer
89 684
-
224 000
-
total
-
-
-
-
Corporate
134 316
224 000
-
-
nationa
32 235
53 759
-
-
municipal
5 237
8 736
-
-
total
37 472
62 495
-
-
Dividends
96 844
161 504
-
-
withholding
25 180
41 992
-
-
total
25 180
41 992
-
-
Income
224 000
224 000
224 000
224 000
Total tax
109 754
104 487
124 792
116 235
After tax
114 246
119 513
99 208
107 765
Living cost
42 581
42 581
42 581
42 581
Free-cash
71 665
76 932
56 627
65 184

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118628
₽115488
₽83121
₽76950
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
70 102
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
11 781
total
-
-
-
118 611
Employee
33 371
-
195 651
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
10 575
-
income
5 594
-
64 066
-
pensions
2 225
-
8 983
-
unemployment
2 323
-
9 374
-
total
11 103
-
96 432
-
Employer
33 371
-
195 651
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 953
-
health
1 519
-
6 128
-
total
7 025
-
28 350
-
Corporate
183 605
224 000
-
-
income
47 737
58 240
-
-
total
47 737
58 240
-
-
Dividends
135 868
165 760
-
-
withholding
20 379
24 864
-
-
total
20 379
24 864
-
-
Income
224 000
224 000
224 000
224 000
Total tax
86 244
83 104
124 782
118 611
After tax
137 756
140 896
99 218
105 389
Living cost
22 268
22 268
22 268
22 268
Free-cash
115 488
118 628
76 950
83 121

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
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.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95439
₽102130
₽98846
₽78822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
68 865
pensions
-
-
-
10 023
total
-
-
-
78 888
Employee
64 213
-
195 254
-
health
932
-
2 654
-
income
11 565
-
55 518
-
pensions
5 450
-
11 994
-
total
17 947
-
70 166
-
Employer
64 213
-
195 254
-
pensions
6 951
-
25 035
-
health
1 220
-
3 711
-
total
8 171
-
28 746
-
Corporate
151 616
224 000
-
-
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.

28 808
42 561
-
-
total
28 808
42 561
-
-
Dividends
122 807
181 439
-
-
withholding
20 678
39 734
-
-
total
20 678
39 734
-
-
Income
224 000
224 000
224 000
224 000
Total tax
75 604
82 295
98 912
78 888
After tax
148 396
141 705
125 088
145 112
Living cost
46 266
46 266
46 266
46 266
Free-cash
102 130
95 439
78 822
98 846

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26166
₽58796
₽101426
₽93265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
city
-
-
-
2 360
pensions
-
-
-
20 608
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.

-
-
-
4 480
regional
-
-
-
12 560
health
-
-
-
503
national
-
-
-
5 797
total
-
-
-
46 308
Employee
89 251
-
201 615
-
city
958
-
2 180
-
regional
2 923
-
11 196
-
health
202
-
454
-
pensions
7 498
-
15 678
-
unemployment
-
-
-
-
national
422
-
4 796
-
total
12 003
-
34 304
-
Employer
89 251
-
201 615
-
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.

1 784
-
4 033
-
unemployment
-
-
-
-
pensions
7 498
-
15 678
-
health
202
-
454
-
total
9 484
-
20 165
-
Corporate
124 283
224 000
-
-
regional
26 285
47 375
-
-
national
10 564
19 039
-
-
total
36 849
66 414
-
-
Dividends
87 434
157 585
-
-
withholding
30 602
55 154
-
-
total
30 602
55 154
-
-
Income
224 000
224 000
224 000
224 000
Total tax
88 938
121 568
54 469
46 308
After tax
135 062
102 432
169 531
177 692
Living cost
76 266
76 266
76 266
76 266
Free-cash
58 796
26 166
93 265
101 426

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64366
₽80737
₽62049
₽92419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 000
trade
-
-
-
30 370
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.

-
-
-
74 369
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.

-
-
-
6 894
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.

-
-
-
4 090
total
-
-
-
115 723
Employee

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

60 646
-
224 000
-
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.

6 894
-
6 894
-
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.

393
-
4 090
-
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.

7 131
-
74 369
-
total
14 418
-
85 353
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
163 354
224 000
-
-
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.

1 348
1 848
-
-
income
24 502
33 600
-
-
trade
28 014
38 417
-
-
chamber of commerce
383
469
-
-
total
54 247
74 334
-
-
Dividends
109 106
149 666
-
-
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.

1 478
2 038
-
-
withholding
26 892
37 034
-
-
total
28 370
39 072
-
-
Income
224 000
224 000
224 000
224 000
Total tax
97 035
113 406
85 353
115 723
After tax
126 965
110 594
138 647
108 277
Living cost
46 228
46 228
46 228
46 228
Free-cash
80 737
64 366
92 419
62 049

Estimated living cost  is ₽46228 per week

₽33763
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.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78370
₽84332
₽88310
₽81941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
41 388
pensions
-
-
-
35 535
other
-
-
-
6 944
health
-
-
-
10 915
surtax
-
-
-
-
social contributions
-
-
-
6 383
total
-
-
-
101 165
Employee
43 189
-
170 991
-
social contributions
1 231
-
4 872
-
surtax
-
-
-
-
income
2 549
-
36 780
-
pensions
4 883
-
12 873
-
total
8 663
-
54 525
-
Employer
43 189
-
170 991
-
other
1 490
-
7 090
-
social contributions
130
-
513
-
unemployment
1 748
-
6 925
-
pensions
7 095
-
21 496
-
health
3 024
-
16 985
-
total
13 487
-
53 009
-
Corporate
167 324
224 000
-
-
surtax
-
-
-
-
income
46 850
62 720
-
-
total
46 850
62 720
-
-
Dividends
120 474
161 280
-
-
surtax
-
-
-
-
social contributions
20 722
27 741
-
-
withholding
15 421
20 644
-
-
total
36 143
48 385
-
-
Income
224 000
224 000
224 000
224 000
Total tax
105 143
111 105
107 534
101 165
After tax
118 857
112 895
116 466
122 835
Living cost
34 525
34 525
34 525
34 525
Free-cash
84 332
78 370
81 941
88 310

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81790
₽87398
₽91730
₽85361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
41 388
pensions
-
-
-
35 535
other
-
-
-
6 944
health
-
-
-
10 915
surtax
-
-
-
-
social contributions
-
-
-
6 383
total
-
-
-
101 165
Employee
38 552
-
170 991
-
social contributions
1 099
-
4 872
-
surtax
-
-
-
-
income
1 988
-
36 780
-
pensions
4 360
-
12 873
-
total
7 447
-
54 525
-
Employer
38 552
-
170 991
-
other
1 331
-
7 090
-
social contributions
115
-
513
-
unemployment
1 561
-
6 925
-
pensions
6 335
-
21 496
-
health
2 698
-
16 985
-
total
12 040
-
53 009
-
Corporate
173 409
224 000
-
-
surtax
-
-
-
-
income
48 554
62 720
-
-
total
48 554
62 720
-
-
Dividends
124 854
161 280
-
-
surtax
-
-
-
-
social contributions
21 475
27 741
-
-
withholding
15 981
20 644
-
-
total
37 456
48 385
-
-
Income
224 000
224 000
224 000
224 000
Total tax
105 497
111 105
107 534
101 165
After tax
118 503
112 895
116 466
122 835
Living cost
31 105
31 105
31 105
31 105
Free-cash
87 398
81 790
85 361
91 730

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115263
₽115785
₽122454
₽116475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
33 600
health
-
-
-
15 636
social contributions
-
-
-
30 912
total
-
-
-
80 148
Employee
34 215
-
224 000
-
social contributions
4 722
-
30 912
-
health
2 388
-
15 636
-
income
5 707
-
39 579
-
total
12 817
-
86 127
-
Employer
34 215
-
224 000
-
total
-
-
-
-
Corporate
189 785
224 000
-
-
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%.

9 489
11 201
-
-
total
9 489
11 201
-
-
Dividends
180 296
212 799
-
-
health
12 585
14 853
-
-
social contributions
24 881
29 366
-
-
withholding
27 045
31 919
-
-
total
64 511
76 138
-
-
Income
224 000
224 000
224 000
224 000
Total tax
86 817
87 339
86 127
80 148
After tax
137 183
136 661
137 873
143 852
Living cost
21 398
21 398
21 398
21 398
Free-cash
115 785
115 263
116 475
122 454

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87943
₽86379
₽79245
₽23199
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
chamber of commerce
-
-
-
896
income
-
-
-
71 086
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
109 198
Employee
50 431
40 215
184 976
-
other
504
402
1 180
-
health
1 951
1 557
4 561
-
income
5 741
2 966
59 583
-
pensions
5 165
4 117
12 072
-
unemployment
1 513
1 206
3 537
-
total
14 874
10 248
80 933
-
Employer
50 431
40 215
184 976
-
accident
655
523
1 532
-
other
2 396
1 909
8 215
-
chamber of commerce
201
161
739
-
unemployment
1 513
1 206
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 795
-
payroll
1 513
1 206
5 550
-
health
1 905
1 520
4 456
-
total
14 711
11 772
39 023
-
Corporate
158 858
172 012
181 146
-
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.

39 715
43 003
45 288
-
total
39 715
43 003
45 288
-
Dividends
119 143
129 009
-
-
withholding
32 764
35 477
-
-
total
32 764
35 477
-
-
Income
224 000
224 000
224 000
224 000
Total tax
102 064
100 500
165 244
109 198
After tax
121 936
123 500
58 756
114 802
Living cost
35 557
35 557
35 557
35 557
Free-cash
86 379
87 943
23 199
79 245

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽86298
₽73251
₽60618
₽39487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
national
-
-
-
89 499
communal

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

-
-
-
11 930
social contributions
-
-
-
25 159
total
-
-
-
126 588
Employee

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

72 183
-
173 494
-
communal

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

3 765
-
9 048
-
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.

3 391
-
8 154
-
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.

5 414
-
13 012
-
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.

628
-
1 509
-
national
22 192
-
65 489
-
total
35 390
-
97 212
-
Employer

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

72 183
-
173 494
-
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.

938
-
2 256
-
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.

1 053
-
2 534
-
surtax
8 185
-
19 675
-
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.

6 396
-
15 372
-
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.

4 439
-
10 670
-
total
21 011
-
50 507
-
Corporate
130 806
224 000
-
-
surtax
523
954
-
-
income
26 161
47 725
-
-
total
26 684
48 679
-
-
Dividends
104 123
175 321
-
-
withholding

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

30 870
52 229
-
-
total
30 870
52 229
-
-
Income
224 000
224 000
224 000
224 000
Total tax
113 955
100 908
147 719
126 588
After tax
110 045
123 092
76 281
97 412
Living cost
36 794
36 794
36 794
36 794
Free-cash
73 251
86 298
39 487
60 618

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
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.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112310
₽105399
₽88746
₽84511
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
accident
-
-
-
843
income
-
-
-
70 750
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
98 811
Employee
50 231
-
194 182
-
other
50
-
94
-
income
10 598
-
67 286
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 788
-
73 227
-
Employer
50 231
-
194 182
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 074
-
total
16 011
-
29 819
-
Corporate
157 758
224 000
-
-
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.

23 663
33 600
-
-
total
23 663
33 600
-
-
Dividends
134 094
190 400
-
-
withholding
28 696
41 647
-
-
total
28 696
41 647
-
-
Income
224 000
224 000
224 000
224 000
Total tax
82 158
75 247
103 046
98 811
After tax
141 842
148 753
120 954
125 189
Living cost
36 443
36 443
36 443
36 443
Free-cash
105 399
112 310
84 511
88 746

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72264
₽58400
₽50730
₽59661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
accident
-
-
-
1 888
income
-
-
-
41 968
pensions
-
-
-
33 575
health
-
-
-
15 737
surtax
-
-
-
11 105
communal
-
-
-
14 157
total
-
-
-
118 430
Employee
76 419
-
200 089
-
health
3 401
-
8 905
-
surtax
4 684
-
12 262
-
income
7 381
-
48 416
-
pensions
6 113
-
16 007
-
total
21 579
-
85 590
-
Employer
76 419
-
200 089
-
accident
687
-
1 800
-
pensions
6 113
-
16 007
-
health
2 331
-
6 103
-
total
9 131
-
23 910
-
Corporate
138 450
224 000
-
-
surtax
1 453
2 352
-
-
communal
9 345
15 121
-
-
income
20 768
33 600
-
-
total
31 566
51 073
-
-
Dividends
106 883
172 927
-
-
income
32 452
19 885
-
-
withholding
16 032
25 938
-
-
total
48 484
45 823
-
-
Income
224 000
224 000
224 000
224 000
Total tax
110 760
96 896
109 500
118 430
After tax
113 240
127 104
114 500
105 570
Living cost
54 839
54 839
54 839
54 839
Free-cash
58 400
72 264
59 661
50 730

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
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.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118230
₽115023
₽82723
₽76552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
70 102
pensions
-
-
-
26 936
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
11 781
total
-
-
-
118 611
Employee
33 983
-
195 651
-
other
-
-
-
-
health
867
-
3 434
-
surtax
121
-
10 575
-
income
5 697
-
64 066
-
pensions
2 267
-
8 983
-
unemployment
2 365
-
9 374
-
total
11 317
-
96 432
-
Employer
33 983
-
195 651
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 953
-
health
1 545
-
6 128
-
total
7 154
-
28 350
-
Corporate
182 862
224 000
-
-
income
47 543
58 240
-
-
total
47 543
58 240
-
-
Dividends
135 319
165 760
-
-
withholding
20 297
24 864
-
-
total
20 297
24 864
-
-
Income
224 000
224 000
224 000
224 000
Total tax
86 311
83 104
124 782
118 611
After tax
137 689
140 896
99 218
105 389
Living cost
22 666
22 666
22 666
22 666
Free-cash
115 023
118 230
76 552
82 723

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90556
₽88315
₽79877
₽71368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
municipal
-
-
-
1 388
regional
-
-
-
3 523
national
-
-
-
61 523
social contributions
-
-
-
50 506
total
-
-
-
116 940
Employee
55 977
-
224 000
-
social contributions
18 876
-
66 215
-
regional
754
-
3 203
-
municipal
297
-
1 262
-
national
8 868
-
54 769
-
total
28 795
-
125 449
-
Employer
55 977
-
224 000
-
total
-
-
-
-
Corporate
168 023
224 000
-
-
nationa
40 326
53 759
-
-
municipal
8 351
11 134
-
-
total
48 677
64 893
-
-
Dividends
119 346
159 107
-
-
withholding
31 030
41 368
-
-
total
31 030
41 368
-
-
Income
224 000
224 000
224 000
224 000
Total tax
108 502
106 261
125 449
116 940
After tax
115 498
117 739
98 551
107 060
Living cost
27 183
27 183
27 183
27 183
Free-cash
88 315
90 556
71 368
79 877

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124444
₽113820
₽102565
₽92742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
23 848
health
-
-
-
30 240
solidarity contribution
-
-
-
2 792
social contributions
-
-
-
34 775
total
-
-
-
91 655
Employee
43 794
-
178 189
-
social contributions
2 847
-
7 741
-
health
5 912
-
24 056
-
solidarity contribution
-
-
1 911
-
income
5 255
-
21 959
-
total
14 014
-
55 667
-
Employer
43 794
-
178 189
-
social contributions
10 949
-
29 774
-
health
3 941
-
16 037
-
total
14 890
-
45 811
-
Corporate
165 316
224 000
-
-
income
31 410
42 560
-
-
total
31 410
42 560
-
-
Dividends
133 906
181 440
-
-
withholding
20 086
27 216
-
-
total
20 086
27 216
-
-
Income
224 000
224 000
224 000
224 000
Total tax
80 400
69 776
101 478
91 655
After tax
143 600
154 224
122 522
132 345
Living cost
29 780
29 780
29 780
29 780
Free-cash
113 820
124 444
92 742
102 565

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91413
₽90915
₽82807
₽26613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
chamber of commerce
-
-
-
896
income
-
-
-
71 086
pensions
-
-
-
21 810
unemployment
-
-
-
6 189
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
108 999
Employee
44 111
40 215
185 160
-
other
440
402
1 180
-
health
1 706
1 557
4 561
-
income
3 930
2 966
59 671
-
pensions
4 517
4 117
12 072
-
unemployment
1 323
1 206
3 537
-
total
11 916
10 248
81 021
-
Employer
44 111
40 215
185 160
-
accident
573
523
1 532
-
other
2 095
1 909
8 223
-
chamber of commerce
176
161
741
-
unemployment
1 323
1 206
3 537
-
surtax
-
-
-
-
pensions
5 536
5 048
14 795
-
payroll
1 323
1 206
5 555
-
health
1 668
1 520
4 456
-
total
12 694
11 573
38 839
-
Corporate
167 194
172 211
181 330
-
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.

41 798
43 053
45 333
-
total
41 798
43 053
45 333
-
Dividends
125 396
129 158
-
-
withholding
34 483
35 519
-
-
total
34 483
35 519
-
-
Income
224 000
224 000
224 000
224 000
Total tax
100 891
100 393
165 193
108 999
After tax
123 109
123 607
58 807
115 001
Living cost
32 194
32 194
32 194
32 194
Free-cash
90 915
91 413
26 613
82 807

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽198651
₽195998
₽207611
₽165051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
224 000
microenterprise

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

-
-
-
2 240
total
-
-
-
2 240
Employee
17 686
-
224 000
-
income
3 537
-
44 800
-
total
3 537
-
44 800
-
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%.

206 314
224 000
-
-
total
-
-
-
-
Dividends
206 314
224 000
-
-
withholding
10 316
11 200
-
-
total
10 316
11 200
-
-
Income
224 000
224 000
224 000
224 000
Total tax
13 853
11 200
44 800
2 240
After tax
210 147
212 800
179 200
221 760
Living cost
14 149
14 149
14 149
14 149
Free-cash
195 998
198 651
165 051
207 611

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
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.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127156
₽118716
₽77247
₽72383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 000
income
-
-
-
56 401
pensions
-
-
-
40 908
unemployment
-
-
-
335
health
-
-
-
22 042
total
-
-
-
119 686
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.

44 623
-
193 822
-
health
2 882
-
12 520
-
income
7 695
-
51 537
-
pensions
6 917
-
30 042
-
unemployment
63
-
272
-
total
17 557
-
94 371
-
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.

44 623
-
193 822
-
unemployment
27
-
117
-
pensions
3 949
-
17 153
-
health
2 972
-
12 909
-
total
6 948
-
30 179
-
Corporate
172 429
224 000
-
-
income
32 762
42 561
-
-
total
32 762
42 561
-
-
Dividends
139 667
181 439
-
-
withholding
20 950
27 216
-
-
total
20 950
27 216
-
-
Income
224 000
224 000
224 000
224 000
Total tax
78 217
69 777
124 550
119 686
After tax
145 783
154 223
99 450
104 314
Living cost
27 067
27 067
27 067
27 067
Free-cash
118 716
127 156
72 383
77 247

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92717
₽44692
₽111237
₽167152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
43 662
social contributions
-
-
-
25 536
total
-
-
-
69 198
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
73 456
224 000
-
-
income
16 160
49 280
-
-
total
16 160
49 280
-
-
Dividends
57 296
174 720
-
-
income
12 605
38 438
-
-
total
12 605
38 438
-
-
Income
224 000
224 000
224 000
224 000
Total tax
135 743
87 718
13 283
69 198
After tax
88 257
136 282
210 717
154 802
Living cost
43 565
43 565
43 565
43 565
Free-cash
44 692
92 717
167 152
111 237

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95759
₽94742
₽85343
₽67960
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 000
income
-
-
-
29 164
surtax
-
-
-
-
social contributions

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

-
-
-
77 840
total
-
-
-
107 004
Employee
46 411
-
181 010
-
social contributions
5 105
-
19 912
-
surtax
-
-
197
-
income
9 654
-
61 288
-
total
14 759
-
81 397
-
Employer
46 411
-
181 010
-
social contributions
11 023
-
42 990
-
total
11 023
-
42 990
-
Corporate
166 566
224 000
-
-
surtax
-
-
-
-
income
34 979
47 040
-
-
total
34 979
47 040
-
-
Dividends
131 587
176 960
-
-
withholding
36 844
49 548
-
-
total
36 844
49 548
-
-
Income
224 000
224 000
224 000
224 000
Total tax
97 605
96 588
124 387
107 004
After tax
126 395
127 412
99 613
116 996
Living cost
31 653
31 653
31 653
31 653
Free-cash
94 742
95 759
67 960
85 343

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64156
₽71092
₽74096
₽67727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
41 388
pensions
-
-
-
35 535
other
-
-
-
6 944
health
-
-
-
10 915
surtax
-
-
-
-
social contributions
-
-
-
6 383
total
-
-
-
101 165
Employee
63 203
-
170 991
-
social contributions
1 800
-
4 872
-
surtax
-
-
-
-
income
5 515
-
36 780
-
pensions
7 149
-
12 873
-
total
14 464
-
54 525
-
Employer
63 203
-
170 991
-
other
2 181
-
7 090
-
social contributions
190
-
513
-
unemployment
2 560
-
6 925
-
pensions
10 385
-
21 496
-
health
4 424
-
16 985
-
total
19 740
-
53 009
-
Corporate
141 057
224 000
-
-
surtax
-
-
-
-
income
39 497
62 720
-
-
total
39 497
62 720
-
-
Dividends
101 561
161 280
-
-
surtax
-
-
-
-
social contributions
17 469
27 741
-
-
withholding
12 999
20 644
-
-
total
30 468
48 385
-
-
Income
224 000
224 000
224 000
224 000
Total tax
104 169
111 105
107 534
101 165
After tax
119 831
112 895
116 466
122 835
Living cost
48 739
48 739
48 739
48 739
Free-cash
71 092
64 156
67 727
74 096

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171266
₽167877
₽133042
₽138995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
11 344
social contributions
-
-
-
49 280
total
-
-
-
60 624
Employee
32 442
-
193 940
-
income
-
-
12 005
-
social contributions
2 108
-
12 606
-
total
2 108
-
24 611
-
Employer
32 442
-
193 940
-
social contributions
5 029
-
30 060
-
total
5 029
-
30 060
-
Corporate
186 529
224 000
-
-
income
18 652
22 400
-
-
total
18 652
22 400
-
-
Dividends
167 877
201 600
-
-
total
-
-
-
-
Income
224 000
224 000
224 000
224 000
Total tax
25 789
22 400
54 671
60 624
After tax
198 211
201 600
169 329
163 376
Living cost
30 334
30 334
30 334
30 334
Free-cash
167 877
171 266
138 995
133 042

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4042
₽2302
₽80823
₽4042
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
municipal
-
-
-
48 031
pensions
-
-
-
875
national
-
-
-
27 801
labour market
-
-
-
17 850
total
-
-
-
94 557
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
4 042
-
-
-
income
889
-
-
-
total
889
-
-
-
Dividends
3 153
-
-
-
withholding
851
-
-
-
total
851
-
-
-
Income
224 000
224 000
224 000
224 000
Total tax
173 078
171 338
171 338
94 557
After tax
50 922
52 662
52 662
129 443
Living cost
48 620
48 620
48 620
48 620
Free-cash
2 302
4 042
4 042
80 823

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3601
₽14808
₽131212
₽101587
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
accident
-
-
-
253
income
-
-
-
64 056
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
71 043
Employee
34 207
-
204 521
-
health
3 917
-
23 418
-
income
4 693
-
50 116
-
pensions
3 852
-
7 654
-
total
12 462
-
81 188
-
Employer
34 207
-
204 521
-
accident
571
-
3 416
-
unemployment
838
-
5 011
-
pensions
5 562
-
11 053
-
total
6 971
-
19 480
-
Corporate
182 822
224 000
-
-
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.

164 540
201 600
-
-
total
164 540
201 600
-
-
Dividends
18 282
22 400
-
-
withholding
3 474
4 256
-
-
total
3 474
4 256
-
-
Income
224 000
224 000
224 000
224 000
Total tax
187 447
205 856
100 668
71 043
After tax
36 553
18 144
123 332
152 957
Living cost
21 745
21 745
21 745
21 745
Free-cash
14 808
-3 601
101 587
131 212

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98748
₽101864
₽99017
₽73357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
224 000
municipal
-
-
-
39 774
health
-
-
-
3 028
national
-
-
-
43 438
total
-
-
-
86 240
Employee
53 092
-
188 441
-
health
396
-
2 480
-
municipal
8 696
-
30 674
-
pensions
3 583
-
12 719
-
unemployment
797
-
2 827
-
national
877
-
27 639
-
total
14 349
-
76 339
-
Employer
53 092
-
188 441
-
accident
54
-
188
-
unemployment
345
-
1 226
-
pensions
9 211
-
32 695
-
health
408
-
1 452
-
total
10 018
-
35 561
-
Corporate
160 891
224 000
-
-
income
32 178
44 799
-
-
total
32 178
44 799
-
-
Dividends

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

96 535
134 401
-
-
national
9 471
17 518
-
-
municipal
17 377
24 192
-
-
total
26 848
41 710
-
-
Income
224 000
224 000
224 000
224 000
Total tax
83 393
86 509
111 900
86 240
After tax
140 607
137 491
112 100
137 760
Living cost
38 743
38 743
38 743
38 743
Free-cash
101 864
98 748
73 357
99 017

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139898
₽134404
₽127425
₽125582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
51 172
health
-
-
-
5 712
social contributions
-
-
-
16 327
total
-
-
-
73 211
Employee
77 596
77 596
211 403
-
social contributions
2 934
6 440
8 686
-
health
601
1 319
3 594
-
income
8 449
7 183
50 178
-
total
11 984
14 942
62 458
-
Employer
77 596
77 596
211 403
-
social contributions
2 934
6 440
8 686
-
health
653
1 436
3 910
-
total
3 587
7 876
12 596
-
Corporate
185 065
138 527
-
-
income
23 133
17 315
-
-
total
23 133
17 315
-
-
Dividends
161 932
121 212
-
-
withholding
27 528
20 605
-
-
total
27 528
20 605
-
-
Income
224 000
224 000
224 000
224 000
Total tax
66 232
60 738
75 054
73 211
After tax
157 768
163 262
148 946
150 789
Living cost
23 364
23 364
23 364
23 364
Free-cash
134 404
139 898
125 582
127 425

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169473
₽164339
₽174707
₽154465
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
224 000
income
-
-
-
23 171
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
33 271
Employee

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

23 163
-
214 138
-
health
1 969
-
8 139
-
income
1 584
-
20 671
-
pensions
3 474
-
14 362
-
unemployment
115
-
479
-
total
7 142
-
43 651
-
Employer

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

23 163
-
214 138
-
unemployment
115
-
479
-
pensions
1 273
-
5 266
-
health
996
-
4 117
-
total
2 384
-
9 862
-
Corporate
198 453
224 000
-
-
income
17 861
20 159
-
-
total
17 861
20 159
-
-
Dividends
180 592
203 841
-
-
withholding
16 252
18 346
-
-
total
16 252
18 346
-
-
Income
224 000
224 000
224 000
224 000
Total tax
43 639
38 505
53 513
33 271
After tax
180 361
185 495
170 487
190 729
Living cost
16 022
16 022
16 022
16 022
Free-cash
164 339
169 473
154 465
174 707

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121003
₽116548
₽97439
₽93204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
accident
-
-
-
843
income
-
-
-
70 750
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
98 811
Employee
37 313
-
194 182
-
other
36
-
94
-
income
7 194
-
67 286
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
73 227
-
Employer
37 313
-
194 182
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 805
-
22 074
-
total
11 896
-
29 819
-
Corporate
174 791
224 000
-
-
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.

26 218
33 600
-
-
total
26 218
33 600
-
-
Dividends
148 573
190 400
-
-
withholding
32 026
41 647
-
-
total
32 026
41 647
-
-
Income
224 000
224 000
224 000
224 000
Total tax
79 702
75 247
103 046
98 811
After tax
144 298
148 753
120 954
125 189
Living cost
27 750
27 750
27 750
27 750
Free-cash
116 548
121 003
93 204
97 439

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137020
₽136566
₽141225
₽141028
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
76 551
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
80 019
Employee
4 198
-
221 738
-
health
210
-
503
-
income
812
-
76 445
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
77 954
-
Employer
4 198
-
221 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
218 858
224 000
-
-
income
48 149
49 280
-
-
total
48 149
49 280
-
-
Dividends
170 709
174 720
-
-
withholding
34 142
34 944
-
-
total
34 142
34 944
-
-
Income
224 000
224 000
224 000
224 000
Total tax
84 678
84 224
80 216
80 019
After tax
139 322
139 776
143 784
143 981
Living cost
2 756
2 756
2 756
2 756
Free-cash
136 566
137 020
141 028
141 225

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
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.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144387
₽139422
₽126570
₽126571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 000
income
-
-
-
51 784
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
79 977
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.

26 319
-
210 649
-
health
1 355
-
3 841
-
income
3 628
-
51 784
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
66 626
-
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.

26 319
-
210 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
192 970
224 000
-
-
income
28 946
33 600
-
-
total
28 946
33 600
-
-
Dividends
164 025
190 400
-
-
withholding
24 604
28 560
-
-
total
24 604
28 560
-
-
Income
224 000
224 000
224 000
224 000
Total tax
67 125
62 160
79 976
79 977
After tax
156 875
161 840
144 024
144 023
Living cost
17 453
17 453
17 453
17 453
Free-cash
139 422
144 387
126 571
126 570

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100207
₽99842
₽89791
₽72408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 000
income
-
-
-
29 164
surtax
-
-
-
-
social contributions

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

-
-
-
77 840
total
-
-
-
107 004
Employee
39 166
-
181 010
-
social contributions
4 309
-
19 912
-
surtax
-
-
197
-
income
7 653
-
61 288
-
total
11 962
-
81 397
-
Employer
39 166
-
181 010
-
social contributions
9 301
-
42 990
-
total
9 301
-
42 990
-
Corporate
175 533
224 000
-
-
surtax
-
-
-
-
income
36 862
47 040
-
-
total
36 862
47 040
-
-
Dividends
138 671
176 960
-
-
withholding
38 828
49 548
-
-
total
38 828
49 548
-
-
Income
224 000
224 000
224 000
224 000
Total tax
96 953
96 588
124 387
107 004
After tax
127 047
127 412
99 613
116 996
Living cost
27 205
27 205
27 205
27 205
Free-cash
99 842
100 207
72 408
89 791

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
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.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113288
₽106686
₽89724
₽85489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
accident
-
-
-
843
income
-
-
-
70 750
pensions
-
-
-
26 469
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
98 811
Employee
48 736
-
194 182
-
other
48
-
94
-
income
10 179
-
67 286
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 272
-
73 227
-
Employer
48 736
-
194 182
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 501
-
22 074
-
total
15 538
-
29 819
-
Corporate
159 726
224 000
-
-
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.

23 958
33 600
-
-
total
23 958
33 600
-
-
Dividends
135 768
190 400
-
-
withholding
29 081
41 647
-
-
total
29 081
41 647
-
-
Income
224 000
224 000
224 000
224 000
Total tax
81 849
75 247
103 046
98 811
After tax
142 151
148 753
120 954
125 189
Living cost
35 465
35 465
35 465
35 465
Free-cash
106 686
113 288
85 489
89 724

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174149
₽167997
₽163612
₽172893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
33 600
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
43 017
Employee
23 001
-
217 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
21 708
-
pensions

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

2 019
-
3 097
-
total
5 630
-
26 815
-
Employer
23 001
-
217 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
196 486
224 000
-
-
income
19 648
22 400
-
-
total
19 648
22 400
-
-
Dividends
176 838
201 600
-
-
withholding
8 841
10 080
-
-
total
8 841
10 080
-
-
Income
224 000
224 000
224 000
224 000
Total tax
38 632
32 480
33 736
43 017
After tax
185 368
191 520
190 264
180 983
Living cost
17 371
17 371
17 371
17 371
Free-cash
167 997
174 149
172 893
163 612

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76245
₽89448
₽74276
₽99688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 000
trade
-
-
-
25 412
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.

-
-
-
74 369
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.

-
-
-
6 894
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.

-
-
-
4 090
total
-
-
-
110 765
Employee

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

50 210
-
224 000
-
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.

6 894
-
6 894
-
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.

228
-
4 090
-
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.

4 129
-
74 369
-
total
11 251
-
85 353
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 790
224 000
-
-
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.

1 434
1 848
-
-
income
26 069
33 600
-
-
trade
24 939
32 143
-
-
chamber of commerce
408
483
-
-
total
52 850
68 074
-
-
Dividends
120 940
155 926
-
-
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.

1 641
2 124
-
-
withholding
29 851
38 598
-
-
total
31 492
40 722
-
-
Income
224 000
224 000
224 000
224 000
Total tax
95 593
108 796
85 353
110 765
After tax
128 407
115 204
138 647
113 235
Living cost
38 959
38 959
38 959
38 959
Free-cash
89 448
76 245
99 688
74 276

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99315
₽101543
₽55152
₽55152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
72 921
social contributions
-
-
-
38 443
total
-
-
-
111 364
Employee
78 935
-
224 000
-
income
14 895
-
72 921
-
social contributions
6 558
-
38 443
-
total
21 453
-
111 364
-
Employer
78 935
-
224 000
-
total
-
-
-
-
Corporate
145 065
224 000
-
-
income
18 133
28 001
-
-
total
18 133
28 001
-
-
Dividends
126 932
195 999
-
-
withholding
25 387
39 200
-
-
total
25 387
39 200
-
-
Income
224 000
224 000
224 000
224 000
Total tax
64 973
67 201
111 364
111 364
After tax
159 027
156 799
112 636
112 636
Living cost
57 484
57 484
57 484
57 484
Free-cash
101 543
99 315
55 152
55 152

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103638
₽107164
₽147028
₽119816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 000
income
-
-
-
33 600
health

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

-
-
-
6 741
total
-
-
-
40 341
Employee
46 292
-
219 358
-
income
5 023
-
58 269
-
social contributions
4 638
-
4 642
-
total
9 661
-
62 911
-
Employer
46 292
-
219 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
173 070
224 000
-
-
income
60 575
78 400
-
-
total
60 575
78 400
-
-
Dividends
112 495
145 600
-
-
social contributions
5 331
5 331
-
-
total
5 331
5 331
-
-
Income
224 000
224 000
224 000
224 000
Total tax
80 205
83 731
67 553
40 341
After tax
143 795
140 269
156 447
183 659
Living cost
36 631
36 631
36 631
36 631
Free-cash
107 164
103 638
119 816
147 028

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
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.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104092
₽110089
₽107499
₽87475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
income
-
-
-
68 865
pensions
-
-
-
10 023
total
-
-
-
78 888
Employee
51 629
-
195 254
-
health
673
-
2 654
-
income
9 402
-
55 518
-
pensions
3 941
-
11 994
-
total
14 016
-
70 166
-
Employer
51 629
-
195 254
-
pensions
5 216
-
25 035
-
health
981
-
3 711
-
total
6 197
-
28 746
-
Corporate
166 174
224 000
-
-
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.

31 573
42 561
-
-
total
31 573
42 561
-
-
Dividends
134 601
181 439
-
-
withholding
24 512
39 734
-
-
total
24 512
39 734
-
-
Income
224 000
224 000
224 000
224 000
Total tax
76 298
82 295
98 912
78 888
After tax
147 702
141 705
125 088
145 112
Living cost
37 613
37 613
37 613
37 613
Free-cash
110 089
104 092
87 475
107 499

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
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.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5754
₽14480
₽129059
₽99434
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
accident
-
-
-
253
income
-
-
-
64 056
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
71 043
Employee
37 593
-
204 521
-
health
4 304
-
23 418
-
income
5 157
-
50 116
-
pensions
4 233
-
7 654
-
total
13 694
-
81 188
-
Employer
37 593
-
204 521
-
accident
628
-
3 416
-
unemployment
921
-
5 011
-
pensions
6 112
-
11 053
-
total
7 661
-
19 480
-
Corporate
178 746
224 000
-
-
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.

160 871
201 600
-
-
total
160 871
201 600
-
-
Dividends
17 875
22 400
-
-
withholding
3 396
4 256
-
-
total
3 396
4 256
-
-
Income
224 000
224 000
224 000
224 000
Total tax
185 622
205 856
100 668
71 043
After tax
38 378
18 144
123 332
152 957
Living cost
23 898
23 898
23 898
23 898
Free-cash
14 480
-5 754
99 434
129 059

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
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.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157729
₽154675
₽128356
₽150548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
224 000
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
37 631
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
82 013
Employee

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

21 810
-
224 000
-
work injury
109
-
403
-
income
2 181
-
37 631
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
59 821
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
202 190
224 000
-
-
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%.

20 219
22 400
-
-
total
20 219
22 400
-
-
Dividends
181 971
201 600
-
-
withholding
27 296
30 240
-
-
total
27 296
30 240
-
-
Income
224 000
224 000
224 000
224 000
Total tax
55 694
52 640
59 821
82 013
After tax
168 306
171 360
164 179
141 987
Living cost
13 631
13 631
13 631
13 631
Free-cash
154 675
157 729
150 548
128 356

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77787
₽73197
₽64769
₽56477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
224 000
municipal
-
-
-
1 561
regional
-
-
-
5 440
national
-
-
-
61 523
social contributions
-
-
-
50 506
total
-
-
-
119 030
Employee
85 034
-
224 000
-
social contributions
28 673
-
66 215
-
regional
1 284
-
4 917
-
municipal
507
-
1 421
-
national
14 370
-
54 769
-
total
44 834
-
127 322
-
Employer
85 034
-
224 000
-
total
-
-
-
-
Corporate
138 966
224 000
-
-
nationa
33 351
53 759
-
-
municipal
6 699
10 797
-
-
total
40 050
64 556
-
-
Dividends
98 916
159 444
-
-
withholding
25 718
41 456
-
-
total
25 718
41 456
-
-
Income
224 000
224 000
224 000
224 000
Total tax
110 602
106 012
127 322
119 030
After tax
113 398
117 988
96 678
104 970
Living cost
40 201
40 201
40 201
40 201
Free-cash
73 197
77 787
56 477
64 769

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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