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
₽ 225000
per

Your estimated
City
free-cash

Dresden , Germany
₽83065
₽94144
₽80661
₽108764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 000
trade
-
-
-
28 103
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.

-
-
-
74 936
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.

-
-
-
6 842
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.

-
-
-
4 121
total
-
-
-
114 002
Employee

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

38 308
-
225 000
-
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.

6 842
-
6 842
-
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
-
4 121
-
income

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

1 070
-
74 936
-
total
7 971
-
85 899
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
186 692
225 000
-
-
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.

1 540
1 857
-
-
income
28 005
33 750
-
-
trade
29 403
35 438
-
-
chamber of commerce
420
475
-
-
total
59 368
71 520
-
-
Dividends
127 324
153 479
-
-
surtax

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

1 730
2 089
-
-
withholding
31 450
37 989
-
-
total
33 180
40 078
-
-
Income
225 000
225 000
225 000
225 000
Total tax
100 519
111 598
85 899
114 002
After tax
124 481
113 402
139 101
110 998
Living cost
30 337
30 337
30 337
30 337
Free-cash
94 144
83 065
108 764
80 661

Estimated living cost  is ₽30337 per week

₽19083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89864
₽89024
₽77585
₽78792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
municipal
-
-
-
24 998
pensions
-
-
-
27 000
national
-
-
-
42 462
social contributions
-
-
-
2 419
total
-
-
-
96 879
Employee
78 339
-
194 510
-
municipal
9 676
-
25 870
-
pensions
3 134
-
7 780
-
national
14 994
-
44 370
-
total
27 804
-
78 020
-
Employer
78 339
-
194 510
-
social contributions
842
-
2 091
-
pensions
6 267
-
15 561
-
total
7 109
-
17 652
-
Corporate
134 381
225 000
-
-
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%.

26 876
45 000
-
-
total
26 876
45 000
-
-
Dividends
107 505
180 000
-
-
withholding
23 651
39 600
-
-
total
23 651
39 600
-
-
Income
225 000
225 000
225 000
225 000
Total tax
85 440
84 600
95 672
96 879
After tax
139 560
140 400
129 328
128 121
Living cost
50 536
50 536
50 536
50 536
Free-cash
89 024
89 864
78 792
77 585

Estimated living cost  is ₽50536 per week

₽34348
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽756
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10733
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159163
₽150947
₽60979
₽76970
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 000
microenterprise
-
-
-
-
income
-
-
-
47 433
surtax
-
-
-
57 376
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.

-
-
-
38 375
total
-
-
-
143 184
Employee
29 266
-
176 797
-
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.

3 220
-
13 130
-
surtax
-
-
25 636
-
income
5 210
-
40 224
-
total
8 430
-
78 990
-
Employer
29 266
-
176 797
-
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.

7 050
-
28 755
-
surtax
-
-
19 448
-
total
7 050
-
48 203
-
Corporate
188 684
225 000
-
-
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%.

37 736
45 000
-
-
total
37 736
45 000
-
-
Dividends

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

150 948
180 000
-
-
total
-
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
53 216
45 000
127 193
143 184
After tax
171 784
180 000
97 807
81 816
Living cost
20 837
20 837
20 837
20 837
Free-cash
150 947
159 163
76 970
60 979

Estimated living cost  is ₽20837 per week

₽13293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70163
₽64027
₽78880
₽101942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
80 077
pensions
-
-
-
11 735
health
-
-
-
12 351
total
-
-
-
104 163
Employee
85 530
85 530
206 387
-
health
13 128
11 166
12 351
-
income

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

14 000
14 000
38 402
-
pensions
15 395
11 735
11 735
-
total
42 523
36 901
62 488
-
Employer
85 530
85 530
206 387
-
unemployment
3 079
3 079
3 826
-
pensions
5 953
5 953
7 399
-
health
5 945
5 945
7 388
-
total
14 977
14 977
18 613
-
Corporate
125 541
124 492
-
-
income
25 108
24 899
-
-
total
25 108
24 899
-
-
Dividends
100 434
99 593
-
-
income
21 343
21 164
-
-
withholding
15 065
14 939
-
-
total
36 408
36 103
-
-
Income
225 000
225 000
225 000
225 000
Total tax
119 016
112 880
81 101
104 163
After tax
105 984
112 120
143 899
120 837
Living cost
41 957
41 957
41 957
41 957
Free-cash
64 027
70 163
101 942
78 880

Estimated living cost  is ₽41957 per week

₽29734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽667
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84297
₽83434
₽73602
₽72667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
municipal
-
-
-
59 796
accident
-
-
-
169
pensions
-
-
-
9 134
other
-
-
-
9 818
unemployment
-
-
-
85
health
-
-
-
5 272
national
-
-
-
28 571
total
-
-
-
112 845
Employee
54 934
-
198 452
-
municipal
16 381
-
59 178
-
national
-
-
28 054
-
total
16 381
-
87 232
-
Employer
54 934
-
198 452
-
accident
110
-
169
-
other
6 383
-
9 818
-
unemployment
1 450
-
2 231
-
pensions
5 938
-
9 134
-
health
3 378
-
5 196
-
total
17 259
-
26 548
-
Corporate
152 805
225 000
-
-
income
33 617
49 500
-
-
total
33 617
49 500
-
-
Dividends
119 188
175 500
-
-
withholding
35 756
52 650
-
-
total
35 756
52 650
-
-
Income
225 000
225 000
225 000
225 000
Total tax
103 013
102 150
113 780
112 845
After tax
121 987
122 850
111 220
112 155
Living cost
38 553
38 553
38 553
38 553
Free-cash
83 434
84 297
72 667
73 602

Estimated living cost  is ₽38553 per week

₽25551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72899
₽86974
₽70403
₽99755
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 000
trade
-
-
-
29 352
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.

-
-
-
74 936
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.

-
-
-
6 842
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.

-
-
-
4 121
total
-
-
-
115 251
Employee

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

50 792
-
225 000
-
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.

6 842
-
6 842
-
surtax

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

239
-
4 121
-
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.

4 364
-
74 936
-
total
11 445
-
85 899
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
174 208
225 000
-
-
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.

1 437
1 857
-
-
income
26 130
33 750
-
-
trade
28 656
37 012
-
-
chamber of commerce
399
471
-
-
total
56 622
73 090
-
-
Dividends
117 585
151 910
-
-
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.

1 597
2 068
-
-
withholding
29 016
37 597
-
-
total
30 613
39 665
-
-
Income
225 000
225 000
225 000
225 000
Total tax
98 680
112 755
85 899
115 251
After tax
126 320
112 245
139 101
109 749
Living cost
39 346
39 346
39 346
39 346
Free-cash
86 974
72 899
99 755
70 403

Estimated living cost  is ₽39346 per week

₽26315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131495
₽127343
₽118869
₽117022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
51 702
health
-
-
-
5 738
social contributions
-
-
-
16 205
total
-
-
-
73 645
Employee
77 016
77 016
212 448
-
social contributions
3 742
6 392
8 621
-
health
766
1 310
3 611
-
income
8 087
7 129
50 708
-
total
12 595
14 831
62 940
-
Employer
77 016
77 016
212 448
-
social contributions
3 742
6 392
8 621
-
health
834
1 426
3 931
-
total
4 576
7 818
12 552
-
Corporate
175 341
140 166
-
-
income
21 919
17 520
-
-
total
21 919
17 520
-
-
Dividends
153 423
122 646
-
-
withholding
26 081
20 850
-
-
total
26 081
20 850
-
-
Income
225 000
225 000
225 000
225 000
Total tax
65 171
61 019
75 492
73 645
After tax
159 829
163 981
149 508
151 355
Living cost
32 486
32 486
32 486
32 486
Free-cash
127 343
131 495
117 022
118 869

Estimated living cost  is ₽32486 per week

₽22207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108067
₽108447
₽137645
₽112211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
27 506
pensions
-
-
-
22 500
unemployment
-
-
-
3 375
health
-
-
-
15 750
total
-
-
-
69 131
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.

26 307
10 470
188 285
-
health
1 841
733
13 180
-
income
3 216
1 280
23 018
-
pensions
2 631
1 047
18 828
-
unemployment
395
157
2 824
-
total
8 083
3 217
57 850
-
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.

26 307
10 470
188 285
-
pensions
5 130
2 042
36 715
-
total
5 130
2 042
36 715
-
Corporate
193 564
212 489
-
-
income
17 421
19 124
-
-
total
17 421
19 124
-
-
Dividends
176 143
193 365
-
-
social contributions
34 228
37 587
-
-
withholding
33 467
36 739
-
-
total
67 695
74 326
-
-
Income
225 000
225 000
225 000
225 000
Total tax
98 329
98 709
94 565
69 131
After tax
126 671
126 291
130 435
155 869
Living cost
18 224
18 224
18 224
18 224
Free-cash
108 447
108 067
112 211
137 645

Estimated living cost  is ₽18224 per week

₽12436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155808
₽149587
₽96409
₽105493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
30 150
pensions
-
-
-
45 000
health
-
-
-
29 249
total
-
-
-
104 399
Employee
28 413
-
168 160
-
income
3 199
-
32 422
-
pensions
568
-
3 362
-
unemployment
454
-
2 691
-
total
4 221
-
38 475
-
Employer
28 413
-
168 160
-
unemployment
228
-
1 346
-
pensions
5 683
-
33 632
-
health
3 693
-
21 862
-
total
9 604
-
56 840
-
Corporate
186 983
225 000
-
-
income
37 396
45 000
-
-
total
37 396
45 000
-
-
Dividends
149 587
180 000
-
-
total
-
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
51 221
45 000
95 315
104 399
After tax
173 779
180 000
129 685
120 601
Living cost
24 192
24 192
24 192
24 192
Free-cash
149 587
155 808
105 493
96 409

Estimated living cost  is ₽24192 per week

₽16593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5672
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3730
₽14857
₽131679
₽101990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
accident
-
-
-
252
income
-
-
-
64 416
pensions
-
-
-
4 152
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
71 366
Employee
34 536
-
205 537
-
health
3 954
-
23 534
-
income
4 738
-
50 445
-
pensions
3 889
-
7 614
-
total
12 581
-
81 593
-
Employer
34 536
-
205 537
-
accident
577
-
3 432
-
unemployment
846
-
5 036
-
pensions
5 616
-
10 994
-
total
7 039
-
19 462
-
Corporate
183 426
225 000
-
-
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.

165 083
202 500
-
-
total
165 083
202 500
-
-
Dividends
18 343
22 500
-
-
withholding
3 485
4 275
-
-
total
3 485
4 275
-
-
Income
225 000
225 000
225 000
225 000
Total tax
188 188
206 775
101 055
71 366
After tax
36 812
18 225
123 945
153 634
Living cost
21 955
21 955
21 955
21 955
Free-cash
14 857
-3 730
101 990
131 679

Estimated living cost  is ₽21955 per week

₽16091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽204741
₽203052
₽213741
₽170991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
225 000
microenterprise

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

-
-
-
2 250
total
-
-
-
2 250
Employee
11 261
-
225 000
-
income
2 252
-
45 000
-
total
2 252
-
45 000
-
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%.

213 739
225 000
-
-
total
-
-
-
-
Dividends
213 739
225 000
-
-
withholding
10 687
11 250
-
-
total
10 687
11 250
-
-
Income
225 000
225 000
225 000
225 000
Total tax
12 939
11 250
45 000
2 250
After tax
212 061
213 750
180 000
222 750
Living cost
9 009
9 009
9 009
9 009
Free-cash
203 052
204 741
170 991
213 741

Estimated living cost  is ₽9009 per week

₽5583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138619
₽131856
₽108432
₽106574
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
39 390
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.

-
-
-
36 554
other
-
-
-
7 234
health
-
-
-
6 702
total
-
-
-
89 880
Employee
36 366
-
186 348
-
health
509
-
2 133
-
income
6 261
-
38 770
-
pensions

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

2 545
-
10 661
-
unemployment
363
-
1 522
-
total
9 678
-
53 086
-
Employer
36 366
-
186 348
-
accident
291
-
1 490
-
other
1 819
-
7 614
-
unemployment
363
-
1 522
-
pensions

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

6 183
-
25 893
-
health
509
-
2 133
-
total
9 165
-
38 652
-
Corporate
179 469
225 000
-
-
income
37 688
47 251
-
-
total
37 688
47 251
-
-
Dividends
141 780
177 749
-
-
withholding
9 925
12 442
-
-
total
9 925
12 442
-
-
Income
225 000
225 000
225 000
225 000
Total tax
66 456
59 693
91 738
89 880
After tax
158 544
165 307
133 262
135 120
Living cost
26 688
26 688
26 688
26 688
Free-cash
131 856
138 619
106 574
108 432

Estimated living cost  is ₽26688 per week

₽18857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74757
₽82874
₽78231
₽58127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
69 345
pensions
-
-
-
10 018
total
-
-
-
79 363
Employee
95 369
-
196 111
-
health
1 572
-
2 660
-
income
17 191
-
55 945
-
pensions
9 201
-
11 973
-
total
27 964
-
70 578
-
Employer
95 369
-
196 111
-
pensions
11 260
-
25 162
-
health
1 811
-
3 727
-
total
13 071
-
28 889
-
Corporate
116 559
225 000
-
-
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.

22 146
42 751
-
-
total
22 146
42 751
-
-
Dividends
94 413
182 249
-
-
withholding
11 539
40 086
-
-
total
11 539
40 086
-
-
Income
225 000
225 000
225 000
225 000
Total tax
74 720
82 837
99 467
79 363
After tax
150 280
142 163
125 533
145 637
Living cost
67 406
67 406
67 406
67 406
Free-cash
82 874
74 757
58 127
78 231

Estimated living cost  is ₽67406 per week

₽50509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽179230
₽174573
₽168755
₽178101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
33 750
pensions

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

-
-
-
5 183
unemployment
-
-
-
140
health
-
-
-
4 027
total
-
-
-
43 100
Employee
17 405
-
218 129
-
health
801
-
1 611
-
accident

We are using the highest rate at 1.1%.

192
-
385
-
income
1 740
-
21 813
-
pensions

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

1 528
-
3 075
-
total
4 261
-
26 884
-
Employer
17 405
-
218 129
-
accident

We are using the highest rate at 1.1%.

192
-
385
-
unemployment
104
-
210
-
pensions

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

1 918
-
3 859
-
health
1 201
-
2 416
-
total
3 415
-
6 870
-
Corporate
204 179
225 000
-
-
income
20 418
22 500
-
-
total
20 418
22 500
-
-
Dividends
183 761
202 500
-
-
withholding
9 188
10 125
-
-
total
9 188
10 125
-
-
Income
225 000
225 000
225 000
225 000
Total tax
37 282
32 625
33 754
43 100
After tax
187 718
192 375
191 246
181 900
Living cost
13 145
13 145
13 145
13 145
Free-cash
174 573
179 230
178 101
168 755

Estimated living cost  is ₽13145 per week

₽7674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽56581
₽59100
₽65298
₽88360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
80 077
pensions
-
-
-
11 735
health
-
-
-
12 351
total
-
-
-
104 163
Employee
92 859
85 530
206 387
-
health
11 585
11 166
12 351
-
income

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

14 000
14 000
38 402
-
pensions
11 735
11 735
11 735
-
total
37 320
36 901
62 488
-
Employer
92 859
85 530
206 387
-
unemployment
3 343
3 079
3 826
-
pensions
6 462
5 953
7 399
-
health
6 453
5 945
7 388
-
total
16 258
14 977
18 613
-
Corporate
115 883
124 492
-
-
income
23 177
24 899
-
-
total
23 177
24 899
-
-
Dividends
92 706
99 593
-
-
income
19 701
21 164
-
-
withholding
13 905
14 939
-
-
total
33 606
36 103
-
-
Income
225 000
225 000
225 000
225 000
Total tax
110 361
112 880
81 101
104 163
After tax
114 639
112 120
143 899
120 837
Living cost
55 539
55 539
55 539
55 539
Free-cash
59 100
56 581
88 360
65 298

Estimated living cost  is ₽55539 per week

₽40969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130842
₽122253
₽109023
₽99136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
23 998
health
-
-
-
30 375
solidarity contribution
-
-
-
2 896
social contributions
-
-
-
34 637
total
-
-
-
91 906
Employee
35 398
-
179 216
-
social contributions
2 301
-
7 710
-
health
4 779
-
24 194
-
solidarity contribution
-
-
2 008
-
income
4 248
-
22 097
-
total
11 328
-
56 009
-
Employer
35 398
-
179 216
-
social contributions
8 850
-
29 655
-
health
3 186
-
16 129
-
total
12 036
-
45 784
-
Corporate
177 567
225 000
-
-
income
33 738
42 750
-
-
total
33 738
42 750
-
-
Dividends
143 829
182 250
-
-
withholding
21 574
27 337
-
-
total
21 574
27 337
-
-
Income
225 000
225 000
225 000
225 000
Total tax
78 676
70 087
101 793
91 906
After tax
146 324
154 913
123 207
133 094
Living cost
24 071
24 071
24 071
24 071
Free-cash
122 253
130 842
99 136
109 023

Estimated living cost  is ₽24071 per week

₽16720
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77784
₽72556
₽66153
₽57663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
municipal
-
-
-
1 399
regional
-
-
-
2 844
national
-
-
-
62 213
social contributions
-
-
-
50 128
total
-
-
-
116 584
Employee
89 014
-
225 000
-
social contributions
30 015
-
65 720
-
regional
840
-
2 572
-
municipal
471
-
1 273
-
national
15 424
-
55 509
-
total
46 750
-
125 074
-
Employer
89 014
-
225 000
-
total
-
-
-
-
Corporate
135 986
225 000
-
-
nationa
32 636
54 000
-
-
municipal
5 303
8 775
-
-
total
37 939
62 775
-
-
Dividends
98 047
162 224
-
-
withholding
25 492
42 178
-
-
total
25 492
42 178
-
-
Income
225 000
225 000
225 000
225 000
Total tax
110 181
104 953
125 074
116 584
After tax
114 819
120 047
99 926
108 416
Living cost
42 263
42 263
42 263
42 263
Free-cash
72 556
77 784
57 663
66 153

Estimated living cost  is ₽42263 per week

₽29460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽119423
₽116306
₽83731
₽77606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
70 781
pensions
-
-
-
26 735
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 490
surtax
-
-
-
11 934
total
-
-
-
119 168
Employee
33 121
-
196 862
-
other
-
-
-
-
health
846
-
3 408
-
surtax
108
-
10 737
-
income
5 552
-
64 790
-
pensions
2 209
-
8 916
-
unemployment
2 306
-
9 304
-
total
11 021
-
97 155
-
Employer
33 121
-
196 862
-
other
-
-
-
-
unemployment
1 049
-
4 237
-
pensions
4 415
-
17 819
-
health
1 507
-
6 082
-
total
6 971
-
28 138
-
Corporate
184 907
225 000
-
-
income
48 076
58 501
-
-
total
48 076
58 501
-
-
Dividends
136 831
166 499
-
-
withholding
20 525
24 975
-
-
total
20 525
24 975
-
-
Income
225 000
225 000
225 000
225 000
Total tax
86 593
83 476
125 293
119 168
After tax
138 407
141 524
99 707
105 832
Living cost
22 101
22 101
22 101
22 101
Free-cash
116 306
119 423
77 606
83 731

Estimated living cost  is ₽22101 per week

₽13514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96113
₽102772
₽99587
₽79483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
69 345
pensions
-
-
-
10 018
total
-
-
-
79 363
Employee
63 914
-
196 111
-
health
928
-
2 660
-
income
11 511
-
55 945
-
pensions
5 425
-
11 973
-
total
17 864
-
70 578
-
Employer
63 914
-
196 111
-
pensions
6 919
-
25 162
-
health
1 214
-
3 727
-
total
8 133
-
28 889
-
Corporate
152 953
225 000
-
-
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.

29 062
42 751
-
-
total
29 062
42 751
-
-
Dividends
123 891
182 249
-
-
withholding
21 119
40 086
-
-
total
21 119
40 086
-
-
Income
225 000
225 000
225 000
225 000
Total tax
76 178
82 837
99 467
79 363
After tax
148 822
142 163
125 533
145 637
Living cost
46 050
46 050
46 050
46 050
Free-cash
102 772
96 113
79 483
99 587

Estimated living cost  is ₽46050 per week

₽34500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27226
₽59599
₽102668
₽94579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
city
-
-
-
2 371
pensions
-
-
-
20 699
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.

-
-
-
4 501
regional
-
-
-
12 681
health
-
-
-
507
national
-
-
-
5 913
total
-
-
-
46 672
Employee
88 541
-
202 581
-
city
950
-
2 192
-
regional
2 899
-
11 325
-
health
200
-
457
-
pensions
7 439
-
15 680
-
unemployment
-
-
-
-
national
419
-
4 918
-
total
11 907
-
34 572
-
Employer
88 541
-
202 581
-
other

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

1 770
-
4 052
-
unemployment
-
-
-
-
pensions
7 439
-
15 680
-
health
200
-
457
-
total
9 409
-
20 189
-
Corporate
126 076
225 000
-
-
regional
26 665
47 588
-
-
national
10 717
19 125
-
-
total
37 382
66 713
-
-
Dividends
88 694
158 287
-
-
withholding
31 043
55 401
-
-
total
31 043
55 401
-
-
Income
225 000
225 000
225 000
225 000
Total tax
89 741
122 114
54 761
46 672
After tax
135 259
102 886
170 239
178 328
Living cost
75 660
75 660
75 660
75 660
Free-cash
59 599
27 226
94 579
102 668

Estimated living cost  is ₽75660 per week

₽49201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽929
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18740
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽65202
₽81447
₽62617
₽93218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 000
trade
-
-
-
30 601
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.

-
-
-
74 936
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.

-
-
-
6 842
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.

-
-
-
4 121
total
-
-
-
116 500
Employee

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

60 193
-
225 000
-
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.

6 842
-
6 842
-
surtax

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

390
-
4 121
-
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.

7 078
-
74 936
-
total
14 310
-
85 899
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
164 807
225 000
-
-
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.

1 359
1 857
-
-
income
24 720
33 750
-
-
trade
28 265
38 588
-
-
chamber of commerce
384
469
-
-
total
54 728
74 664
-
-
Dividends
110 079
150 336
-
-
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.

1 492
2 047
-
-
withholding
27 140
37 204
-
-
total
28 632
39 251
-
-
Income
225 000
225 000
225 000
225 000
Total tax
97 670
113 915
85 899
116 500
After tax
127 330
111 085
139 101
108 500
Living cost
45 883
45 883
45 883
45 883
Free-cash
81 447
65 202
93 218
62 617

Estimated living cost  is ₽45883 per week

₽33511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79135
₽85050
₽88884
₽82315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
41 943
pensions
-
-
-
35 490
other
-
-
-
6 975
health
-
-
-
11 030
surtax
-
-
-
-
social contributions
-
-
-
6 411
total
-
-
-
101 849
Employee
42 866
-
171 635
-
social contributions
1 222
-
4 890
-
surtax
-
-
-
-
income
2 530
-
37 194
-
pensions
4 847
-
12 972
-
total
8 599
-
55 056
-
Employer
42 866
-
171 635
-
other
1 479
-
7 138
-
social contributions
129
-
515
-
unemployment
1 735
-
6 951
-
pensions
7 042
-
21 651
-
health
3 001
-
17 107
-
total
13 386
-
53 362
-
Corporate
168 748
225 000
-
-
surtax
-
-
-
-
income
47 249
63 000
-
-
total
47 249
63 000
-
-
Dividends
121 499
162 000
-
-
surtax
-
-
-
-
social contributions
20 898
27 862
-
-
withholding
15 551
20 736
-
-
total
36 449
48 598
-
-
Income
225 000
225 000
225 000
225 000
Total tax
105 683
111 598
108 418
101 849
After tax
119 317
113 402
116 582
123 151
Living cost
34 267
34 267
34 267
34 267
Free-cash
85 050
79 135
82 315
88 884

Estimated living cost  is ₽34267 per week

₽21607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82530
₽88094
₽92279
₽85710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
41 943
pensions
-
-
-
35 490
other
-
-
-
6 975
health
-
-
-
11 030
surtax
-
-
-
-
social contributions
-
-
-
6 411
total
-
-
-
101 849
Employee
38 264
-
171 635
-
social contributions
1 091
-
4 890
-
surtax
-
-
-
-
income
1 973
-
37 194
-
pensions
4 328
-
12 972
-
total
7 392
-
55 056
-
Employer
38 264
-
171 635
-
other
1 321
-
7 138
-
social contributions
114
-
515
-
unemployment
1 549
-
6 951
-
pensions
6 287
-
21 651
-
health
2 678
-
17 107
-
total
11 949
-
53 362
-
Corporate
174 787
225 000
-
-
surtax
-
-
-
-
income
48 940
63 000
-
-
total
48 940
63 000
-
-
Dividends
125 846
162 000
-
-
surtax
-
-
-
-
social contributions
21 645
27 862
-
-
withholding
16 108
20 736
-
-
total
37 753
48 598
-
-
Income
225 000
225 000
225 000
225 000
Total tax
106 034
111 598
108 418
101 849
After tax
118 966
113 402
116 582
123 151
Living cost
30 872
30 872
30 872
30 872
Free-cash
88 094
82 530
85 710
92 279

Estimated living cost  is ₽30872 per week

₽17904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116033
₽116552
₽123258
₽117191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
33 750
health
-
-
-
15 705
social contributions
-
-
-
31 049
total
-
-
-
80 504
Employee
33 959
-
225 000
-
social contributions
4 687
-
31 049
-
health
2 370
-
15 705
-
income
5 664
-
39 817
-
total
12 721
-
86 571
-
Employer
33 959
-
225 000
-
total
-
-
-
-
Corporate
191 041
225 000
-
-
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%.

9 553
11 250
-
-
total
9 553
11 250
-
-
Dividends
181 488
213 750
-
-
health
12 668
14 920
-
-
social contributions
25 045
29 497
-
-
withholding
27 223
32 062
-
-
total
64 936
76 479
-
-
Income
225 000
225 000
225 000
225 000
Total tax
87 210
87 729
86 571
80 504
After tax
137 790
137 271
138 429
144 496
Living cost
21 238
21 238
21 238
21 238
Free-cash
116 552
116 033
117 191
123 258

Estimated living cost  is ₽21238 per week

₽14213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88738
₽87183
₽79978
₽23697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
chamber of commerce
-
-
-
901
income
-
-
-
71 891
pensions
-
-
-
21 647
unemployment
-
-
-
6 143
health
-
-
-
8 950
surtax
-
-
-
198
total
-
-
-
109 730
Employee
50 054
39 914
186 086
-
other
500
399
1 171
-
health
1 937
1 545
4 527
-
income
5 698
2 944
60 333
-
pensions
5 126
4 086
11 982
-
unemployment
1 502
1 197
3 511
-
total
14 763
10 171
81 524
-
Employer
50 054
39 914
186 086
-
accident
650
519
1 521
-
other
2 378
1 895
8 251
-
chamber of commerce
200
160
745
-
unemployment
1 502
1 197
3 511
-
surtax
198
198
198
-
pensions
6 282
5 010
14 685
-
payroll
1 502
1 197
5 582
-
health
1 891
1 509
4 423
-
total
14 603
11 685
38 916
-
Corporate
160 345
173 400
182 284
-
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.

40 087
43 351
45 571
-
total
40 087
43 351
45 571
-
Dividends
120 258
130 050
-
-
withholding
33 072
35 763
-
-
total
33 072
35 763
-
-
Income
225 000
225 000
225 000
225 000
Total tax
102 525
100 970
166 011
109 730
After tax
122 475
124 030
58 989
115 270
Living cost
35 292
35 292
35 292
35 292
Free-cash
87 183
88 738
23 697
79 978

Estimated living cost  is ₽35292 per week

₽23538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3011
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.
₽8163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86969
₽74196
₽61341
₽39987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
national
-
-
-
90 168
communal

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

-
-
-
12 001
social contributions
-
-
-
24 971
total
-
-
-
127 140
Employee

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

71 643
-
174 267
-
communal

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

3 737
-
9 089
-
health

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

3 366
-
8 190
-
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.

5 373
-
13 071
-
unemployment

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

623
-
1 517
-
national
22 026
-
65 896
-
total
35 125
-
97 763
-
Employer

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

71 643
-
174 267
-
accident

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

931
-
2 266
-
unemployment

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

1 045
-
2 545
-
surtax
8 123
-
19 763
-
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.

6 348
-
15 439
-
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.

4 406
-
10 718
-
total
20 853
-
50 731
-
Corporate
132 503
225 000
-
-
surtax
530
964
-
-
income
26 501
48 144
-
-
total
27 031
49 108
-
-
Dividends
105 471
175 892
-
-
withholding

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

31 276
52 404
-
-
total
31 276
52 404
-
-
Income
225 000
225 000
225 000
225 000
Total tax
114 285
101 512
148 494
127 140
After tax
110 715
123 488
76 506
97 860
Living cost
36 519
36 519
36 519
36 519
Free-cash
74 196
86 969
39 987
61 341

Estimated living cost  is ₽36519 per week

₽23523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113220
₽106360
₽89554
₽85352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
accident
-
-
-
836
income
-
-
-
71 425
pensions
-
-
-
26 271
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
99 275
Employee
49 856
-
195 405
-
other
49
-
93
-
income
10 519
-
67 986
-
pensions
2 344
-
4 364
-
unemployment
774
-
1 439
-
total
13 686
-
73 882
-
Employer
49 856
-
195 405
-
accident
986
-
1 838
-
other
397
-
743
-
unemployment
2 743
-
5 105
-
pensions
11 765
-
21 909
-
total
15 891
-
29 595
-
Corporate
159 253
225 000
-
-
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.

23 888
33 750
-
-
total
23 888
33 750
-
-
Dividends
135 365
191 250
-
-
withholding
29 004
41 859
-
-
total
29 004
41 859
-
-
Income
225 000
225 000
225 000
225 000
Total tax
82 469
75 609
103 477
99 275
After tax
142 531
149 391
121 523
125 725
Living cost
36 171
36 171
36 171
36 171
Free-cash
106 360
113 220
85 352
89 554

Estimated living cost  is ₽36171 per week

₽26636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6447
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73013
₽59243
₽51371
₽60343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
accident
-
-
-
1 897
income
-
-
-
42 392
pensions
-
-
-
33 726
health
-
-
-
15 808
surtax
-
-
-
11 155
communal
-
-
-
14 221
total
-
-
-
119 199
Employee
75 848
-
200 983
-
health
3 376
-
8 943
-
surtax
4 649
-
12 318
-
income
7 326
-
48 871
-
pensions
6 067
-
16 078
-
total
21 418
-
86 210
-
Employer
75 848
-
200 983
-
accident
682
-
1 809
-
pensions
6 067
-
16 078
-
health
2 313
-
6 130
-
total
9 062
-
24 017
-
Corporate
140 089
225 000
-
-
surtax
1 471
2 363
-
-
communal
9 456
15 188
-
-
income
21 014
33 750
-
-
total
31 941
51 301
-
-
Dividends
108 148
173 699
-
-
income
32 684
20 202
-
-
withholding
16 222
26 054
-
-
total
48 906
46 256
-
-
Income
225 000
225 000
225 000
225 000
Total tax
111 327
97 557
110 227
119 199
After tax
113 673
127 443
114 773
105 801
Living cost
54 430
54 430
54 430
54 430
Free-cash
59 243
73 013
60 343
51 371

Estimated living cost  is ₽54430 per week

₽40830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3298
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.
₽9724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119028
₽115842
₽83336
₽77211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
70 781
pensions
-
-
-
26 735
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 490
surtax
-
-
-
11 934
total
-
-
-
119 168
Employee
33 729
-
196 862
-
other
-
-
-
-
health
861
-
3 408
-
surtax
120
-
10 737
-
income
5 655
-
64 790
-
pensions
2 250
-
8 916
-
unemployment
2 347
-
9 304
-
total
11 233
-
97 155
-
Employer
33 729
-
196 862
-
other
-
-
-
-
unemployment
1 070
-
4 237
-
pensions
4 497
-
17 819
-
health
1 534
-
6 082
-
total
7 101
-
28 138
-
Corporate
184 170
225 000
-
-
income
47 884
58 501
-
-
total
47 884
58 501
-
-
Dividends
136 286
166 499
-
-
withholding
20 444
24 975
-
-
total
20 444
24 975
-
-
Income
225 000
225 000
225 000
225 000
Total tax
86 662
83 476
125 293
119 168
After tax
138 338
141 524
99 707
105 832
Living cost
22 496
22 496
22 496
22 496
Free-cash
115 842
119 028
77 211
83 336

Estimated living cost  is ₽22496 per week

₽13582
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91285
₽89060
₽80730
₽72284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
municipal
-
-
-
1 399
regional
-
-
-
3 550
national
-
-
-
62 213
social contributions
-
-
-
50 128
total
-
-
-
117 290
Employee
55 559
-
225 000
-
social contributions
18 735
-
65 720
-
regional
748
-
3 234
-
municipal
295
-
1 273
-
national
8 802
-
55 509
-
total
28 580
-
125 736
-
Employer
55 559
-
225 000
-
total
-
-
-
-
Corporate
169 441
225 000
-
-
nationa
40 665
54 000
-
-
municipal
8 422
11 182
-
-
total
49 087
65 182
-
-
Dividends
120 354
159 818
-
-
withholding
31 293
41 553
-
-
total
31 293
41 553
-
-
Income
225 000
225 000
225 000
225 000
Total tax
108 960
106 735
125 736
117 290
After tax
116 040
118 265
99 264
107 710
Living cost
26 980
26 980
26 980
26 980
Free-cash
89 060
91 285
72 284
80 730

Estimated living cost  is ₽26980 per week

₽16779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7006
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125252
₽114670
₽103433
₽93546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
23 998
health
-
-
-
30 375
solidarity contribution
-
-
-
2 896
social contributions
-
-
-
34 637
total
-
-
-
91 906
Employee
43 620
-
179 216
-
social contributions
2 835
-
7 710
-
health
5 889
-
24 194
-
solidarity contribution
-
-
2 008
-
income
5 234
-
22 097
-
total
13 958
-
56 009
-
Employer
43 620
-
179 216
-
social contributions
10 905
-
29 655
-
health
3 926
-
16 129
-
total
14 831
-
45 784
-
Corporate
166 550
225 000
-
-
income
31 644
42 750
-
-
total
31 644
42 750
-
-
Dividends
134 905
182 250
-
-
withholding
20 236
27 337
-
-
total
20 236
27 337
-
-
Income
225 000
225 000
225 000
225 000
Total tax
80 669
70 087
101 793
91 906
After tax
144 331
154 913
123 207
133 094
Living cost
29 661
29 661
29 661
29 661
Free-cash
114 670
125 252
93 546
103 433

Estimated living cost  is ₽29661 per week

₽22058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1643
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.
₽5447
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92183
₽91688
₽83514
₽27087
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
chamber of commerce
-
-
-
901
income
-
-
-
71 891
pensions
-
-
-
21 647
unemployment
-
-
-
6 143
health
-
-
-
8 950
surtax
-
-
-
-
total
-
-
-
109 532
Employee
43 782
39 914
186 270
-
other
437
399
1 171
-
health
1 694
1 545
4 527
-
income
3 900
2 944
60 421
-
pensions
4 484
4 086
11 982
-
unemployment
1 313
1 197
3 511
-
total
11 828
10 171
81 612
-
Employer
43 782
39 914
186 270
-
accident
568
519
1 521
-
other
2 079
1 895
8 258
-
chamber of commerce
175
160
745
-
unemployment
1 313
1 197
3 511
-
surtax
-
-
-
-
pensions
5 495
5 010
14 685
-
payroll
1 313
1 197
5 588
-
health
1 655
1 509
4 423
-
total
12 598
11 487
38 731
-
Corporate
168 619
173 598
182 469
-
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.

42 155
43 400
45 616
-
total
42 155
43 400
45 616
-
Dividends
126 464
130 198
-
-
withholding
34 777
35 805
-
-
total
34 777
35 805
-
-
Income
225 000
225 000
225 000
225 000
Total tax
101 358
100 863
165 959
109 532
After tax
123 642
124 137
59 041
115 468
Living cost
31 954
31 954
31 954
31 954
Free-cash
91 688
92 183
27 087
83 514

Estimated living cost  is ₽31954 per week

₽19168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽199711
₽197079
₽208711
₽165961
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
225 000
microenterprise

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

-
-
-
2 250
total
-
-
-
2 250
Employee
17 549
-
225 000
-
income
3 510
-
45 000
-
total
3 510
-
45 000
-
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%.

207 451
225 000
-
-
total
-
-
-
-
Dividends
207 451
225 000
-
-
withholding
10 372
11 250
-
-
total
10 372
11 250
-
-
Income
225 000
225 000
225 000
225 000
Total tax
13 882
11 250
45 000
2 250
After tax
211 118
213 750
180 000
222 750
Living cost
14 039
14 039
14 039
14 039
Free-cash
197 079
199 711
165 961
208 711

Estimated living cost  is ₽14039 per week

₽9500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128049
₽119671
₽77628
₽72746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 000
income
-
-
-
56 938
pensions
-
-
-
41 091
unemployment
-
-
-
338
health
-
-
-
22 141
total
-
-
-
120 508
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.

44 290
-
194 688
-
health
2 861
-
12 577
-
income
7 638
-
52 053
-
pensions
6 865
-
30 177
-
unemployment
63
-
272
-
total
17 427
-
95 079
-
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.

44 290
-
194 688
-
unemployment
27
-
116
-
pensions
3 919
-
17 230
-
health
2 950
-
12 965
-
total
6 896
-
30 311
-
Corporate
173 814
225 000
-
-
income
33 024
42 750
-
-
total
33 024
42 750
-
-
Dividends
140 790
182 250
-
-
withholding
21 118
27 337
-
-
total
21 118
27 337
-
-
Income
225 000
225 000
225 000
225 000
Total tax
78 465
70 087
125 390
120 508
After tax
146 535
154 913
99 610
104 492
Living cost
26 864
26 864
26 864
26 864
Free-cash
119 671
128 049
72 746
77 628

Estimated living cost  is ₽26864 per week

₽18437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93790
₽46277
₽112393
₽168760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
43 857
social contributions
-
-
-
25 650
total
-
-
-
69 507
Employee
61 799
-
-
-
social contributions
5 068
-
722
-
income
13 632
-
-
-
total
18 700
-
722
-
Employer
61 799
-
-
-
social contributions
87 136
-
12 418
-
total
87 136
-
12 418
-
Corporate
76 065
225 000
-
-
income
16 734
49 500
-
-
total
16 734
49 500
-
-
Dividends
59 331
175 500
-
-
income
13 053
38 610
-
-
total
13 053
38 610
-
-
Income
225 000
225 000
225 000
225 000
Total tax
135 623
88 110
13 140
69 507
After tax
89 377
136 890
211 860
155 493
Living cost
43 100
43 100
43 100
43 100
Free-cash
46 277
93 790
168 760
112 393

Estimated living cost  is ₽43100 per week

₽27965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96564
₽95557
₽85965
₽68405
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 000
income
-
-
-
29 431
surtax
-
-
-
-
social contributions

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

-
-
-
78 188
total
-
-
-
107 619
Employee
46 065
-
181 819
-
social contributions
5 067
-
20 001
-
surtax
-
-
243
-
income
9 582
-
61 754
-
total
14 649
-
81 998
-
Employer
46 065
-
181 819
-
social contributions
10 940
-
43 181
-
total
10 940
-
43 181
-
Corporate
167 995
225 000
-
-
surtax
-
-
-
-
income
35 278
47 251
-
-
total
35 278
47 251
-
-
Dividends
132 717
177 749
-
-
withholding
37 160
49 769
-
-
total
37 160
49 769
-
-
Income
225 000
225 000
225 000
225 000
Total tax
98 027
97 020
125 179
107 619
After tax
126 973
127 980
99 821
117 381
Living cost
31 416
31 416
31 416
31 416
Free-cash
95 557
96 564
68 405
85 965

Estimated living cost  is ₽31416 per week

₽23506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65027
₽71910
₽74776
₽68207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
41 943
pensions
-
-
-
35 490
other
-
-
-
6 975
health
-
-
-
11 030
surtax
-
-
-
-
social contributions
-
-
-
6 411
total
-
-
-
101 849
Employee
62 730
-
171 635
-
social contributions
1 787
-
4 890
-
surtax
-
-
-
-
income
5 473
-
37 194
-
pensions
7 095
-
12 972
-
total
14 355
-
55 056
-
Employer
62 730
-
171 635
-
other
2 165
-
7 138
-
social contributions
188
-
515
-
unemployment
2 541
-
6 951
-
pensions
10 307
-
21 651
-
health
4 391
-
17 107
-
total
19 592
-
53 362
-
Corporate
142 677
225 000
-
-
surtax
-
-
-
-
income
39 950
63 000
-
-
total
39 950
63 000
-
-
Dividends
102 727
162 000
-
-
surtax
-
-
-
-
social contributions
17 669
27 862
-
-
withholding
13 149
20 736
-
-
total
30 818
48 598
-
-
Income
225 000
225 000
225 000
225 000
Total tax
104 715
111 598
108 418
101 849
After tax
120 285
113 402
116 582
123 151
Living cost
48 375
48 375
48 375
48 375
Free-cash
71 910
65 027
68 207
74 776

Estimated living cost  is ₽48375 per week

₽32739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172393
₽169028
₽133925
₽139905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
11 469
social contributions
-
-
-
49 499
total
-
-
-
60 968
Employee
32 200
-
194 804
-
income
-
-
12 132
-
social contributions
2 093
-
12 662
-
total
2 093
-
24 794
-
Employer
32 200
-
194 804
-
social contributions
4 991
-
30 194
-
total
4 991
-
30 194
-
Corporate
187 809
225 000
-
-
income
18 781
22 500
-
-
total
18 781
22 500
-
-
Dividends
169 029
202 500
-
-
total
-
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
25 865
22 500
54 988
60 968
After tax
199 135
202 500
170 012
164 032
Living cost
30 107
30 107
30 107
30 107
Free-cash
169 028
172 393
139 905
133 925

Estimated living cost  is ₽30107 per week

₽19467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6660
₽3792
₽81637
₽6660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
municipal
-
-
-
48 308
pensions
-
-
-
869
national
-
-
-
27 994
labour market
-
-
-
17 930
total
-
-
-
95 101
Employee
203 704
203 704
203 704
-
labour market
16 273
16 273
16 273
-
national
24 886
24 886
24 886
-
municipal
43 378
43 378
43 378
-
pensions
290
290
290
-
total
84 827
84 827
84 827
-
Employer
203 704
203 704
203 704
-
labour market
16 296
16 296
16 296
-
municipal
43 447
43 447
43 447
-
pensions
579
579
579
-
national
24 929
24 929
24 929
-
total
85 251
85 251
85 251
-
Corporate
6 660
-
-
-
income
1 465
-
-
-
total
1 465
-
-
-
Dividends
5 195
-
-
-
withholding
1 403
-
-
-
total
1 403
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
172 946
170 078
170 078
95 101
After tax
52 054
54 922
54 922
129 899
Living cost
48 262
48 262
48 262
48 262
Free-cash
3 792
6 660
6 660
81 637

Estimated living cost  is ₽48262 per week

₽33031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10219
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3406
₽14906
₽132003
₽102314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
accident
-
-
-
252
income
-
-
-
64 416
pensions
-
-
-
4 152
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
71 366
Employee
34 027
-
205 537
-
health
3 896
-
23 534
-
income
4 668
-
50 445
-
pensions
3 832
-
7 614
-
total
12 396
-
81 593
-
Employer
34 027
-
205 537
-
accident
568
-
3 432
-
unemployment
834
-
5 036
-
pensions
5 533
-
10 994
-
total
6 935
-
19 462
-
Corporate
184 039
225 000
-
-
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.

165 635
202 500
-
-
total
165 635
202 500
-
-
Dividends
18 404
22 500
-
-
withholding
3 497
4 275
-
-
total
3 497
4 275
-
-
Income
225 000
225 000
225 000
225 000
Total tax
188 463
206 775
101 055
71 366
After tax
36 537
18 225
123 945
153 634
Living cost
21 631
21 631
21 631
21 631
Free-cash
14 906
-3 406
102 314
132 003

Estimated living cost  is ₽21631 per week

₽15745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99518
₽102612
₽99612
₽73838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
225 000
municipal
-
-
-
39 952
health
-
-
-
3 047
national
-
-
-
43 936
total
-
-
-
86 935
Employee
52 695
-
189 283
-
health
393
-
2 497
-
municipal
8 631
-
30 810
-
pensions
3 556
-
12 776
-
unemployment
791
-
2 840
-
national
871
-
28 068
-
total
14 242
-
76 991
-
Employer
52 695
-
189 283
-
accident
53
-
190
-
unemployment
342
-
1 230
-
pensions
9 142
-
32 840
-
health
405
-
1 458
-
total
9 942
-
35 718
-
Corporate
162 363
225 000
-
-
income
32 473
45 000
-
-
total
32 473
45 000
-
-
Dividends

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

97 417
135 000
-
-
national
9 742
17 729
-
-
municipal
17 536
24 300
-
-
total
27 278
42 029
-
-
Income
225 000
225 000
225 000
225 000
Total tax
83 935
87 029
112 709
86 935
After tax
141 065
137 971
112 291
138 065
Living cost
38 453
38 453
38 453
38 453
Free-cash
102 612
99 518
73 838
99 612

Estimated living cost  is ₽38453 per week

₽25117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140792
₽135340
₽128166
₽126319
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
51 702
health
-
-
-
5 738
social contributions
-
-
-
16 205
total
-
-
-
73 645
Employee
77 016
77 016
212 448
-
social contributions
2 912
6 392
8 621
-
health
597
1 310
3 611
-
income
8 386
7 129
50 708
-
total
11 895
14 831
62 940
-
Employer
77 016
77 016
212 448
-
social contributions
2 912
6 392
8 621
-
health
648
1 426
3 931
-
total
3 560
7 818
12 552
-
Corporate
186 356
140 166
-
-
income
23 295
17 520
-
-
total
23 295
17 520
-
-
Dividends
163 062
122 646
-
-
withholding
27 721
20 850
-
-
total
27 721
20 850
-
-
Income
225 000
225 000
225 000
225 000
Total tax
66 471
61 019
75 492
73 645
After tax
158 529
163 981
149 508
151 355
Living cost
23 189
23 189
23 189
23 189
Free-cash
135 340
140 792
126 319
128 166

Estimated living cost  is ₽23189 per week

₽13898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170421
₽165325
₽175780
₽155691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
225 000
income
-
-
-
23 293
pensions
-
-
-
6 371
unemployment
-
-
-
29
health
-
-
-
3 625
total
-
-
-
33 318
Employee

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

22 990
-
215 212
-
health
1 954
-
8 078
-
income
1 572
-
20 811
-
pensions
3 448
-
14 255
-
unemployment
114
-
475
-
total
7 088
-
43 619
-
Employer

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

22 990
-
215 212
-
unemployment
114
-
475
-
pensions
1 264
-
5 227
-
health
988
-
4 086
-
total
2 366
-
9 788
-
Corporate
199 644
225 000
-
-
income
17 967
20 250
-
-
total
17 967
20 250
-
-
Dividends
181 677
204 750
-
-
withholding
16 352
18 427
-
-
total
16 352
18 427
-
-
Income
225 000
225 000
225 000
225 000
Total tax
43 773
38 677
53 407
33 318
After tax
181 227
186 323
171 593
191 682
Living cost
15 902
15 902
15 902
15 902
Free-cash
165 325
170 421
155 691
175 780

Estimated living cost  is ₽15902 per week

₽10146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4136
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121849
₽117426
₽98183
₽93981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
accident
-
-
-
836
income
-
-
-
71 425
pensions
-
-
-
26 271
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
99 275
Employee
37 034
-
195 405
-
other
36
-
93
-
income
7 140
-
67 986
-
pensions
1 741
-
4 364
-
unemployment
574
-
1 439
-
total
9 491
-
73 882
-
Employer
37 034
-
195 405
-
accident
734
-
1 838
-
other
297
-
743
-
unemployment
2 038
-
5 105
-
pensions
8 739
-
21 909
-
total
11 808
-
29 595
-
Corporate
176 159
225 000
-
-
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.

26 423
33 750
-
-
total
26 423
33 750
-
-
Dividends
149 736
191 250
-
-
withholding
32 310
41 859
-
-
total
32 310
41 859
-
-
Income
225 000
225 000
225 000
225 000
Total tax
80 032
75 609
103 477
99 275
After tax
144 968
149 391
121 523
125 725
Living cost
27 542
27 542
27 542
27 542
Free-cash
117 426
121 849
93 981
98 183

Estimated living cost  is ₽27542 per week

₽18591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2648
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.
₽5822
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137661
₽137211
₽141902
₽141707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
76 912
pensions
-
-
-
1 998
health
-
-
-
1 449
total
-
-
-
80 359
Employee
4 172
-
222 752
-
health
209
-
500
-
income
807
-
76 807
-
pensions
375
-
899
-
unemployment
42
-
100
-
total
1 433
-
78 306
-
Employer
4 172
-
222 752
-
unemployment
83
-
200
-
pensions
459
-
1 099
-
health
396
-
949
-
total
938
-
2 248
-
Corporate
219 889
225 000
-
-
income
48 376
49 500
-
-
total
48 376
49 500
-
-
Dividends
171 514
175 500
-
-
withholding
34 303
35 100
-
-
total
34 303
35 100
-
-
Income
225 000
225 000
225 000
225 000
Total tax
85 050
84 600
80 554
80 359
After tax
139 950
140 400
144 446
144 641
Living cost
2 739
2 739
2 739
2 739
Free-cash
137 211
137 661
141 707
141 902

Estimated living cost  is ₽2739 per week

₽1628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽145239
₽140311
₽127628
₽127628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 000
income
-
-
-
52 066
pensions
-
-
-
19 248
unemployment
-
-
-
1 110
health
-
-
-
7 625
total
-
-
-
80 049
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.

26 122
-
211 749
-
health
1 345
-
3 813
-
income
3 601
-
52 066
-
pensions
3 657
-
10 364
-
unemployment
196
-
555
-
total
8 799
-
66 798
-
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.

26 122
-
211 749
-
unemployment
196
-
555
-
pensions
3 135
-
8 883
-
health
1 345
-
3 813
-
total
4 676
-
13 251
-
Corporate
194 202
225 000
-
-
income
29 130
33 750
-
-
total
29 130
33 750
-
-
Dividends
165 071
191 250
-
-
withholding
24 761
28 688
-
-
total
24 761
28 688
-
-
Income
225 000
225 000
225 000
225 000
Total tax
67 366
62 438
80 049
80 049
After tax
157 634
162 562
144 951
144 951
Living cost
17 323
17 323
17 323
17 323
Free-cash
140 311
145 239
127 628
127 628

Estimated living cost  is ₽17323 per week

₽11664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100978
₽100615
₽90379
₽72819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 000
income
-
-
-
29 431
surtax
-
-
-
-
social contributions

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

-
-
-
78 188
total
-
-
-
107 619
Employee
38 873
-
181 819
-
social contributions
4 277
-
20 001
-
surtax
-
-
243
-
income
7 596
-
61 754
-
total
11 873
-
81 998
-
Employer
38 873
-
181 819
-
social contributions
9 232
-
43 181
-
total
9 232
-
43 181
-
Corporate
176 895
225 000
-
-
surtax
-
-
-
-
income
37 149
47 251
-
-
total
37 149
47 251
-
-
Dividends
139 746
177 749
-
-
withholding
39 129
49 769
-
-
total
39 129
49 769
-
-
Income
225 000
225 000
225 000
225 000
Total tax
97 383
97 020
125 179
107 619
After tax
127 617
127 980
99 821
117 381
Living cost
27 002
27 002
27 002
27 002
Free-cash
100 615
100 978
72 819
90 379

Estimated living cost  is ₽27002 per week

₽19125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114191
₽107639
₽90525
₽86323
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
accident
-
-
-
836
income
-
-
-
71 425
pensions
-
-
-
26 271
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
99 275
Employee
48 371
-
195 405
-
other
48
-
93
-
income
10 103
-
67 986
-
pensions
2 273
-
4 364
-
unemployment
749
-
1 439
-
total
13 173
-
73 882
-
Employer
48 371
-
195 405
-
accident
958
-
1 838
-
other
388
-
743
-
unemployment
2 661
-
5 105
-
pensions
11 415
-
21 909
-
total
15 422
-
29 595
-
Corporate
161 206
225 000
-
-
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.

24 180
33 750
-
-
total
24 180
33 750
-
-
Dividends
137 026
191 250
-
-
withholding
29 386
41 859
-
-
total
29 386
41 859
-
-
Income
225 000
225 000
225 000
225 000
Total tax
82 161
75 609
103 477
99 275
After tax
142 839
149 391
121 523
125 725
Living cost
35 200
35 200
35 200
35 200
Free-cash
107 639
114 191
86 323
90 525

Estimated living cost  is ₽35200 per week

₽25279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175129
₽169018
₽164654
₽174000
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
33 750
pensions

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

-
-
-
5 183
unemployment
-
-
-
140
health
-
-
-
4 027
total
-
-
-
43 100
Employee
22 837
-
218 129
-
health
1 051
-
1 611
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
income
2 284
-
21 813
-
pensions

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

2 005
-
3 075
-
total
5 591
-
26 884
-
Employer
22 837
-
218 129
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
unemployment
137
-
210
-
pensions

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

2 517
-
3 859
-
health
1 576
-
2 416
-
total
4 481
-
6 870
-
Corporate
197 683
225 000
-
-
income
19 768
22 500
-
-
total
19 768
22 500
-
-
Dividends
177 914
202 500
-
-
withholding
8 896
10 125
-
-
total
8 896
10 125
-
-
Income
225 000
225 000
225 000
225 000
Total tax
38 736
32 625
33 754
43 100
After tax
186 264
192 375
191 246
181 900
Living cost
17 246
17 246
17 246
17 246
Free-cash
169 018
175 129
174 000
164 654

Estimated living cost  is ₽17246 per week

₽11407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽77046
₽90151
₽74827
₽100433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 000
trade
-
-
-
25 606
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.

-
-
-
74 936
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.

-
-
-
6 842
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.

-
-
-
4 121
total
-
-
-
111 505
Employee

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

49 835
-
225 000
-
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.

6 842
-
6 842
-
surtax

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

226
-
4 121
-
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.

4 098
-
74 936
-
total
11 166
-
85 899
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
175 165
225 000
-
-
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.

1 445
1 857
-
-
income
26 275
33 750
-
-
trade
25 136
32 287
-
-
chamber of commerce
409
483
-
-
total
53 265
68 377
-
-
Dividends
121 901
156 623
-
-
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.

1 655
2 133
-
-
withholding
30 095
38 776
-
-
total
31 750
40 909
-
-
Income
225 000
225 000
225 000
225 000
Total tax
96 181
109 286
85 899
111 505
After tax
128 819
115 714
139 101
113 495
Living cost
38 668
38 668
38 668
38 668
Free-cash
90 151
77 046
100 433
74 827

Estimated living cost  is ₽38668 per week

₽26674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
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.
₽7272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100448
₽102657
₽55837
₽55837
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
73 446
social contributions
-
-
-
38 663
total
-
-
-
112 109
Employee
78 345
-
225 000
-
income
14 783
-
73 446
-
social contributions
6 509
-
38 663
-
total
21 292
-
112 109
-
Employer
78 345
-
225 000
-
total
-
-
-
-
Corporate
146 655
225 000
-
-
income
18 332
28 124
-
-
total
18 332
28 124
-
-
Dividends
128 323
196 876
-
-
withholding
25 665
39 374
-
-
total
25 665
39 374
-
-
Income
225 000
225 000
225 000
225 000
Total tax
65 289
67 498
112 109
112 109
After tax
159 711
157 502
112 891
112 891
Living cost
57 054
57 054
57 054
57 054
Free-cash
102 657
100 448
55 837
55 837

Estimated living cost  is ₽57054 per week

₽43406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4649
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104601
₽108104
₽148218
₽120658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 000
income
-
-
-
33 750
health

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

-
-
-
6 675
total
-
-
-
40 425
Employee
45 946
-
220 393
-
income
4 985
-
58 771
-
social contributions
4 603
-
4 607
-
total
9 588
-
63 378
-
Employer
45 946
-
220 393
-
social contributions
4 603
-
4 607
-
total
4 603
-
4 607
-
Corporate
174 450
225 000
-
-
income
61 057
78 751
-
-
total
61 057
78 751
-
-
Dividends
113 393
146 249
-
-
social contributions
5 291
5 291
-
-
total
5 291
5 291
-
-
Income
225 000
225 000
225 000
225 000
Total tax
80 539
84 042
67 985
40 425
After tax
144 461
140 958
157 015
184 575
Living cost
36 357
36 357
36 357
36 357
Free-cash
108 104
104 601
120 658
148 218

Estimated living cost  is ₽36357 per week

₽23949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104726
₽110694
₽108200
₽88096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
69 345
pensions
-
-
-
10 018
total
-
-
-
79 363
Employee
51 388
-
196 111
-
health
670
-
2 660
-
income
9 358
-
55 945
-
pensions
3 922
-
11 973
-
total
13 950
-
70 578
-
Employer
51 388
-
196 111
-
pensions
5 192
-
25 162
-
health
977
-
3 727
-
total
6 169
-
28 889
-
Corporate
167 444
225 000
-
-
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.

31 815
42 751
-
-
total
31 815
42 751
-
-
Dividends
135 629
182 249
-
-
withholding
24 935
40 086
-
-
total
24 935
40 086
-
-
Income
225 000
225 000
225 000
225 000
Total tax
76 869
82 837
99 467
79 363
After tax
148 131
142 163
125 533
145 637
Living cost
37 437
37 437
37 437
37 437
Free-cash
110 694
104 726
88 096
108 200

Estimated living cost  is ₽37437 per week

₽25682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3443
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5547
₽14579
₽129862
₽100173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
accident
-
-
-
252
income
-
-
-
64 416
pensions
-
-
-
4 152
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
71 366
Employee
37 395
-
205 537
-
health
4 282
-
23 534
-
income
5 130
-
50 445
-
pensions
4 211
-
7 614
-
total
13 623
-
81 593
-
Employer
37 395
-
205 537
-
accident
624
-
3 432
-
unemployment
916
-
5 036
-
pensions
6 080
-
10 994
-
total
7 620
-
19 462
-
Corporate
179 984
225 000
-
-
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.

161 986
202 500
-
-
total
161 986
202 500
-
-
Dividends
17 998
22 500
-
-
withholding
3 420
4 275
-
-
total
3 420
4 275
-
-
Income
225 000
225 000
225 000
225 000
Total tax
186 649
206 775
101 055
71 366
After tax
38 351
18 225
123 945
153 634
Living cost
23 772
23 772
23 772
23 772
Free-cash
14 579
-5 547
100 173
129 862

Estimated living cost  is ₽23772 per week

₽17446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158598
₽155568
₽129597
₽151618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
225 000
work injury
-
-
-
801
health insurance
-
-
-
11 852
income
-
-
-
37 832
pensions
-
-
-
29 469
unemployment
-
-
-
1 922
total
-
-
-
81 876
Employee

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

21 644
-
225 000
-
work injury
108
-
400
-
income
2 164
-
37 832
-
pensions
3 982
-
14 735
-
health insurance
1 602
-
5 926
-
unemployment
260
-
961
-
total
8 116
-
59 854
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
203 356
225 000
-
-
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%.

20 336
22 500
-
-
total
20 336
22 500
-
-
Dividends
183 020
202 500
-
-
withholding
27 453
30 375
-
-
total
27 453
30 375
-
-
Income
225 000
225 000
225 000
225 000
Total tax
55 905
52 875
59 854
81 876
After tax
169 095
172 125
165 146
143 124
Living cost
13 528
13 528
13 528
13 528
Free-cash
155 568
158 598
151 618
129 597

Estimated living cost  is ₽13528 per week

₽8380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽983
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽78615
₽74057
₽65697
₽57469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
municipal
-
-
-
1 574
regional
-
-
-
5 488
national
-
-
-
62 213
social contributions
-
-
-
50 128
total
-
-
-
119 403
Employee
84 399
-
225 000
-
social contributions
28 459
-
65 720
-
regional
1 274
-
4 969
-
municipal
504
-
1 433
-
national
14 263
-
55 509
-
total
44 500
-
127 631
-
Employer
84 399
-
225 000
-
total
-
-
-
-
Corporate
140 601
225 000
-
-
nationa
33 745
54 000
-
-
municipal
6 778
10 845
-
-
total
40 523
64 845
-
-
Dividends
100 079
160 155
-
-
withholding
26 020
41 640
-
-
total
26 020
41 640
-
-
Income
225 000
225 000
225 000
225 000
Total tax
111 043
106 485
127 631
119 403
After tax
113 957
118 515
97 369
105 597
Living cost
39 900
39 900
39 900
39 900
Free-cash
74 057
78 615
57 469
65 697

Estimated living cost  is ₽39900 per week

₽28027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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