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
₽84943
₽109798
₽81236
₽95334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
76 161
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.

-
-
-
4 189
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.

-
-
-
6 414
trade
-
-
-
28 562
total
-
-
-
115 326
Employee

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

35 910
-
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.

55
-
4 189
-
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.

1 003
-
76 161
-
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.

6 414
-
6 414
-
total
7 472
-
86 764
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 090
225 000
-
-
income
28 363
33 751
-
-
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.

1 561
1 857
-
-
chamber of commerce
413
465
-
-
trade
29 781
35 438
-
-
total
60 118
71 511
-
-
Dividends
128 972
153 490
-
-
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.

1 753
2 092
-
-
withholding
31 885
38 016
-
-
total
33 638
40 108
-
-
Income
225 000
225 000
225 000
225 000
Total tax
101 228
111 619
86 764
115 326
After tax
123 772
113 381
138 236
109 674
Living cost
28 438
28 438
28 438
28 438
Free-cash
95 334
84 943
109 798
81 236

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90449
₽79189
₽77981
₽89619
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
2 419
municipal
-
-
-
25 013
national
-
-
-
42 636
pensions
-
-
-
27 000
total
-
-
-
97 068
Employee
77 434
-
194 510
-
municipal
9 564
-
25 884
-
pensions
3 097
-
7 780
-
national
14 821
-
44 544
-
total
27 482
-
78 208
-
Employer
77 434
-
194 510
-
pensions
6 195
-
15 561
-
social contributions
832
-
2 091
-
total
7 027
-
17 652
-
Corporate
135 429
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%.

27 086
45 000
-
-
total
27 086
45 000
-
-
Dividends
108 343
180 000
-
-
withholding
23 835
39 600
-
-
total
23 835
39 600
-
-
Income
225 000
225 000
225 000
225 000
Total tax
85 430
84 600
95 860
97 068
After tax
139 570
140 400
129 140
127 932
Living cost
49 951
49 951
49 951
49 951
Free-cash
89 619
90 449
79 189
77 981

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160467
₽79017
₽63234
₽152766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
48 886
surtax
-
-
-
57 374
social contributions

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

-
-
-
35 973
microenterprise
-
-
-
-
total
-
-
-
142 233
Employee
27 434
-
178 419
-
surtax
-
-
25 870
-
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.

3 018
-
12 308
-
income
4 884
-
41 692
-
total
7 902
-
79 870
-
Employer
27 434
-
178 419
-
social contributions

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

6 608
-
26 955
-
surtax
-
-
19 625
-
total
6 608
-
46 580
-
Corporate
190 957
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%.

38 191
45 000
-
-
total
38 191
45 000
-
-
Dividends

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

152 766
180 000
-
-
total
-
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
52 701
45 000
126 450
142 233
After tax
172 299
180 000
98 550
82 767
Living cost
19 533
19 533
19 533
19 533
Free-cash
152 766
160 467
79 017
63 234

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72955
₽104544
₽80739
₽67202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 353
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
104 930
Employee
80 176
80 176
207 552
-
pensions
14 432
11 000
11 000
-
income

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

13 124
13 124
41 100
-
health
12 306
10 467
11 577
-
total
39 862
34 591
63 677
-
Employer
80 176
80 176
207 552
-
health
5 573
5 573
6 925
-
pensions
5 580
5 580
6 936
-
unemployment
2 886
2 886
3 587
-
total
14 039
14 039
17 448
-
Corporate
131 767
130 784
-
-
income
26 353
26 157
-
-
total
26 353
26 157
-
-
Dividends
105 414
104 627
-
-
income
22 400
22 234
-
-
withholding
15 813
15 693
-
-
total
38 213
37 927
-
-
Income
225 000
225 000
225 000
225 000
Total tax
118 467
112 714
81 125
104 930
After tax
106 533
112 286
143 875
120 070
Living cost
39 331
39 331
39 331
39 331
Free-cash
67 202
72 955
104 544
80 739

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85087
₽73260
₽74177
₽84237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 617
unemployment
-
-
-
83
health
-
-
-
5 164
municipal
-
-
-
59 945
national
-
-
-
29 139
pensions
-
-
-
8 947
total
-
-
-
113 060
Employee
53 808
-
198 996
-
municipal
16 046
-
59 341
-
national
-
-
28 632
-
total
16 046
-
87 973
-
Employer
53 808
-
198 996
-
health
3 309
-
5 090
-
pensions
5 817
-
8 947
-
accident
108
-
165
-
unemployment
1 421
-
2 185
-
other
6 253
-
9 617
-
total
16 908
-
26 004
-
Corporate
154 285
225 000
-
-
income
33 943
49 500
-
-
total
33 943
49 500
-
-
Dividends
120 342
175 500
-
-
withholding
36 103
52 650
-
-
total
36 103
52 650
-
-
Income
225 000
225 000
225 000
225 000
Total tax
103 000
102 150
113 977
113 060
After tax
122 000
122 850
111 023
111 940
Living cost
37 763
37 763
37 763
37 763
Free-cash
84 237
85 087
73 260
74 177

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽75342
₽101353
₽71522
₽88535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
76 161
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.

-
-
-
4 189
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.

-
-
-
6 414
trade
-
-
-
29 831
total
-
-
-
116 595
Employee

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

47 612
-
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.

224
-
4 189
-
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.

4 091
-
76 161
-
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.

6 414
-
6 414
-
total
10 729
-
86 764
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
177 388
225 000
-
-
income
26 608
33 751
-
-
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.

1 463
1 857
-
-
chamber of commerce
396
463
-
-
trade
29 181
37 013
-
-
total
57 648
73 084
-
-
Dividends
119 741
151 916
-
-
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.

1 627
2 069
-
-
withholding
29 578
37 622
-
-
total
31 205
39 691
-
-
Income
225 000
225 000
225 000
225 000
Total tax
99 582
112 775
86 764
116 595
After tax
125 418
112 225
138 236
108 405
Living cost
36 883
36 883
36 883
36 883
Free-cash
88 535
75 342
101 353
71 522

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133491
₽118533
₽120350
₽129599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 269
social contributions
-
-
-
15 191
health
-
-
-
5 737
total
-
-
-
74 197
Employee
72 195
72 195
212 979
-
social contributions
3 508
5 992
8 082
-
income
7 581
6 683
52 291
-
health
718
1 228
3 620
-
total
11 807
13 903
63 993
-
Employer
72 195
72 195
212 979
-
health
782
1 336
3 939
-
social contributions
3 508
5 992
8 082
-
total
4 290
7 328
12 021
-
Corporate
178 450
145 477
-
-
income
22 307
18 184
-
-
total
22 307
18 184
-
-
Dividends
156 143
127 293
-
-
withholding
26 544
21 641
-
-
total
26 544
21 641
-
-
Income
225 000
225 000
225 000
225 000
Total tax
64 948
61 056
76 014
74 197
After tax
160 052
163 944
148 986
150 803
Living cost
30 453
30 453
30 453
30 453
Free-cash
129 599
133 491
118 533
120 350

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109439
₽113611
₽139045
₽109789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
3 375
health
-
-
-
15 750
pensions
-
-
-
22 500
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.

24 286
9 665
188 285
-
unemployment
364
145
2 824
-
pensions
2 429
967
18 828
-
income
2 969
1 182
23 018
-
health
1 700
677
13 180
-
total
7 462
2 971
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.

24 286
9 665
188 285
-
pensions
4 736
1 885
36 715
-
total
4 736
1 885
36 715
-
Corporate
195 979
213 450
-
-
income
17 638
19 210
-
-
total
17 638
19 210
-
-
Dividends
178 341
194 239
-
-
social contributions
34 666
37 766
-
-
withholding
33 885
36 905
-
-
total
68 551
74 671
-
-
Income
225 000
225 000
225 000
225 000
Total tax
98 387
98 737
94 565
69 131
After tax
126 613
126 263
130 435
155 869
Living cost
16 824
16 824
16 824
16 824
Free-cash
109 789
109 439
113 611
139 045

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157323
₽107010
₽97924
₽151490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
29 250
pensions
-
-
-
44 999
total
-
-
-
104 399
Employee
26 635
-
168 162
-
unemployment
426
-
2 690
-
pensions
533
-
3 364
-
income
2 999
-
32 422
-
total
3 958
-
38 476
-
Employer
26 635
-
168 162
-
health
3 462
-
21 861
-
pensions
5 327
-
33 631
-
unemployment
214
-
1 345
-
total
9 003
-
56 837
-
Corporate
189 363
225 000
-
-
income
37 872
45 000
-
-
total
37 872
45 000
-
-
Dividends
151 491
180 000
-
-
total
-
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
50 833
45 000
95 313
104 399
After tax
174 167
180 000
129 687
120 601
Living cost
22 677
22 677
22 677
22 677
Free-cash
151 490
157 323
107 010
97 924

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2706
₽103300
₽132672
₽15014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
64 770
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
71 397
Employee
32 926
-
206 029
-
pensions
3 708
-
7 259
-
income
4 517
-
50 948
-
health
3 770
-
23 591
-
total
11 995
-
81 798
-
Employer
32 926
-
206 029
-
pensions
5 354
-
10 482
-
accident
550
-
3 441
-
unemployment
807
-
5 048
-
total
6 711
-
18 971
-
Corporate
185 364
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.

166 827
202 500
-
-
total
166 827
202 500
-
-
Dividends
18 537
22 500
-
-
withholding
3 522
4 275
-
-
total
3 522
4 275
-
-
Income
225 000
225 000
225 000
225 000
Total tax
189 055
206 775
100 769
71 397
After tax
35 945
18 225
124 231
153 603
Living cost
20 931
20 931
20 931
20 931
Free-cash
15 014
-2 706
103 300
132 672

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽206199
₽172449
₽215199
₽204784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 438
-
225 000
-
income
1 887
-
45 000
-
total
1 887
-
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%.

215 562
225 000
-
-
total
-
-
-
-
Dividends
215 562
225 000
-
-
withholding
10 778
11 250
-
-
total
10 778
11 250
-
-
Income
225 000
225 000
225 000
225 000
Total tax
12 665
11 250
45 000
2 250
After tax
212 335
213 750
180 000
222 750
Living cost
7 551
7 551
7 551
7 551
Free-cash
204 784
206 199
172 449
215 199

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140290
₽110384
₽112209
₽133950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 445
other
-
-
-
6 781
health
-
-
-
6 282
pensions

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

-
-
-
34 266
total
-
-
-
87 774
Employee
34 090
-
188 655
-
unemployment
340
-
1 427
-
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.

2 386
-
9 994
-
income
5 869
-
39 835
-
health
477
-
1 999
-
total
9 072
-
53 255
-
Employer
34 090
-
188 655
-
health
477
-
1 999
-
pensions

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

5 796
-
24 272
-
accident
273
-
1 509
-
unemployment
340
-
1 427
-
other
1 705
-
7 137
-
total
8 591
-
36 344
-
Corporate
182 319
225 000
-
-
income
38 287
47 251
-
-
total
38 287
47 251
-
-
Dividends
144 032
177 749
-
-
withholding
10 083
12 442
-
-
total
10 083
12 442
-
-
Income
225 000
225 000
225 000
225 000
Total tax
66 033
59 693
89 599
87 774
After tax
158 967
165 307
135 401
137 226
Living cost
25 017
25 017
25 017
25 017
Free-cash
133 950
140 290
110 384
112 209

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77915
₽61730
₽81768
₽85500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 579
pensions
-
-
-
9 657
total
-
-
-
80 236
Employee
89 130
-
196 003
-
pensions
8 599
-
11 445
-
income
16 067
-
57 220
-
health
1 469
-
2 612
-
total
26 135
-
71 277
-
Employer
89 130
-
196 003
-
health
1 693
-
3 724
-
pensions
10 524
-
25 273
-
total
12 217
-
28 997
-
Corporate
123 653
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.

23 493
42 750
-
-
total
23 493
42 750
-
-
Dividends
100 160
182 250
-
-
withholding
14 659
41 339
-
-
total
14 659
41 339
-
-
Income
225 000
225 000
225 000
225 000
Total tax
76 504
84 089
100 274
80 236
After tax
148 496
140 911
124 726
144 764
Living cost
62 996
62 996
62 996
62 996
Free-cash
85 500
77 915
61 730
81 768

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽180065
₽179648
₽170183
₽175705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
42 507
Employee
16 300
-
218 566
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 880
-
income
1 630
-
21 857
-
health
750
-
1 509
-
total
3 990
-
26 607
-
Employer
16 300
-
218 566
-
health
1 125
-
2 263
-
pensions

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

1 796
-
3 614
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
unemployment
97
-
197
-
total
3 197
-
6 435
-
Corporate
205 501
225 000
-
-
income
20 550
22 500
-
-
total
20 550
22 500
-
-
Dividends
184 951
202 500
-
-
withholding
9 248
10 125
-
-
total
9 248
10 125
-
-
Income
225 000
225 000
225 000
225 000
Total tax
36 985
32 625
33 042
42 507
After tax
188 015
192 375
191 958
182 493
Living cost
12 310
12 310
12 310
12 310
Free-cash
175 705
180 065
179 648
170 183

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60224
₽91813
₽68008
₽62583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 353
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
104 930
Employee
87 046
80 176
207 552
-
pensions
11 000
11 000
11 000
-
income

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

13 124
13 124
41 100
-
health
10 859
10 467
11 577
-
total
34 983
34 591
63 677
-
Employer
87 046
80 176
207 552
-
health
6 049
5 573
6 925
-
pensions
6 058
5 580
6 936
-
unemployment
3 134
2 886
3 587
-
total
15 241
14 039
17 448
-
Corporate
122 713
130 784
-
-
income
24 543
26 157
-
-
total
24 543
26 157
-
-
Dividends
98 171
104 627
-
-
income
20 862
22 234
-
-
withholding
14 726
15 693
-
-
total
35 588
37 927
-
-
Income
225 000
225 000
225 000
225 000
Total tax
110 355
112 714
81 125
104 930
After tax
114 645
112 286
143 875
120 070
Living cost
52 062
52 062
52 062
52 062
Free-cash
62 583
60 224
91 813
68 008

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
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.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131923
₽100938
₽110945
₽123721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 231
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
3 377
health
-
-
-
30 375
total
-
-
-
91 065
Employee
33 809
-
180 437
-
solidarity contribution
-
-
2 479
-
social contributions
2 198
-
7 364
-
income
4 057
-
22 307
-
health
4 564
-
24 359
-
total
10 819
-
56 509
-
Employer
33 809
-
180 437
-
health
3 043
-
16 239
-
social contributions
8 452
-
28 324
-
total
11 495
-
44 563
-
Corporate
179 695
225 000
-
-
income
34 142
42 750
-
-
total
34 142
42 750
-
-
Dividends
145 553
182 250
-
-
withholding
21 833
27 337
-
-
total
21 833
27 337
-
-
Income
225 000
225 000
225 000
225 000
Total tax
78 289
70 087
101 072
91 065
After tax
146 711
154 913
123 928
133 935
Living cost
22 990
22 990
22 990
22 990
Free-cash
123 721
131 923
100 938
110 945

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80430
₽61721
₽69683
₽75528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
46 991
regional
-
-
-
2 910
municipal
-
-
-
1 424
national
-
-
-
64 375
total
-
-
-
115 700
Employee
83 442
-
225 000
-
municipal
442
-
1 308
-
national
14 458
-
58 091
-
regional
787
-
2 657
-
social contributions
28 137
-
61 606
-
total
43 824
-
123 662
-
Employer
83 442
-
225 000
-
total
-
-
-
-
Corporate
141 558
225 000
-
-
municipal
5 521
8 775
-
-
nationa
33 973
54 000
-
-
total
39 494
62 775
-
-
Dividends
102 063
162 225
-
-
withholding
26 537
42 178
-
-
total
26 537
42 178
-
-
Income
225 000
225 000
225 000
225 000
Total tax
109 855
104 953
123 662
115 700
After tax
115 145
120 047
101 338
109 300
Living cost
39 617
39 617
39 617
39 617
Free-cash
75 528
80 430
61 721
69 683

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120808
₽79229
₽84969
₽117886
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 688
other
-
-
-
-
surtax
-
-
-
12 454
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
119 313
Employee
31 048
-
198 624
-
other
-
-
-
-
unemployment
2 161
-
8 721
-
pensions
2 070
-
8 358
-
surtax
102
-
11 332
-
income
5 204
-
67 072
-
health
793
-
3 195
-
total
10 330
-
98 678
-
Employer
31 048
-
198 624
-
health
1 413
-
5 701
-
pensions
4 139
-
16 703
-
unemployment
983
-
3 971
-
other
-
-
-
-
total
6 535
-
26 375
-
Corporate
187 417
225 000
-
-
income
48 728
58 500
-
-
total
48 728
58 500
-
-
Dividends
138 689
166 500
-
-
withholding
20 803
24 974
-
-
total
20 803
24 974
-
-
Income
225 000
225 000
225 000
225 000
Total tax
86 396
83 474
125 053
119 313
After tax
138 604
141 526
99 947
105 687
Living cost
20 718
20 718
20 718
20 718
Free-cash
117 886
120 808
79 229
84 969

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97874
₽81689
₽101727
₽104097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 579
pensions
-
-
-
9 657
total
-
-
-
80 236
Employee
59 733
-
196 003
-
pensions
5 070
-
11 445
-
income
10 758
-
57 220
-
health
867
-
2 612
-
total
16 695
-
71 277
-
Employer
59 733
-
196 003
-
health
1 135
-
3 724
-
pensions
6 466
-
25 273
-
total
7 601
-
28 997
-
Corporate
157 666
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.

29 957
42 750
-
-
total
29 957
42 750
-
-
Dividends
127 709
182 250
-
-
withholding
23 613
41 339
-
-
total
23 613
41 339
-
-
Income
225 000
225 000
225 000
225 000
Total tax
77 866
84 089
100 274
80 236
After tax
147 134
140 911
124 726
144 764
Living cost
43 037
43 037
43 037
43 037
Free-cash
104 097
97 874
81 689
101 727

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28607
₽95896
₽103785
₽60386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 500
regional
-
-
-
12 778
health
-
-
-
506
city
-
-
-
2 371
national
-
-
-
6 081
pensions
-
-
-
20 699
total
-
-
-
46 935
Employee
86 926
-
202 679
-
unemployment
-
-
-
-
pensions
7 303
-
15 581
-
national
411
-
5 063
-
regional
2 846
-
11 439
-
city
933
-
2 194
-
health
197
-
456
-
total
11 690
-
34 733
-
Employer
86 926
-
202 679
-
health
197
-
456
-
pensions
7 303
-
15 581
-
unemployment
-
-
-
-
other

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

1 738
-
4 054
-
total
9 238
-
20 091
-
Corporate
127 880
225 000
-
-
regional
27 047
47 588
-
-
national
10 871
19 125
-
-
total
37 918
66 713
-
-
Dividends
89 963
158 287
-
-
withholding
31 488
55 400
-
-
total
31 488
55 400
-
-
Income
225 000
225 000
225 000
225 000
Total tax
90 334
122 113
54 824
46 935
After tax
134 666
102 887
170 176
178 065
Living cost
74 280
74 280
74 280
74 280
Free-cash
60 386
28 607
95 896
103 785

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽68058
₽95225
₽64125
₽83284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
76 161
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.

-
-
-
4 189
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.

-
-
-
6 414
trade
-
-
-
31 101
total
-
-
-
117 865
Employee

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

56 425
-
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.

365
-
4 189
-
income

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

6 635
-
76 161
-
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.

6 414
-
6 414
-
total
13 414
-
86 764
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 575
225 000
-
-
income
25 286
33 751
-
-
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.

1 392
1 857
-
-
chamber of commerce
380
460
-
-
trade
28 910
38 588
-
-
total
55 968
74 656
-
-
Dividends
112 608
150 345
-
-
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.

1 529
2 047
-
-
withholding
27 795
37 229
-
-
total
29 324
39 276
-
-
Income
225 000
225 000
225 000
225 000
Total tax
98 706
113 932
86 764
117 865
After tax
126 294
111 068
138 236
107 135
Living cost
43 010
43 010
43 010
43 010
Free-cash
83 284
68 058
95 225
64 125

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81278
₽82343
₽89807
₽86823
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 872
other
-
-
-
6 975
surtax
-
-
-
-
social contributions
-
-
-
6 411
health
-
-
-
11 374
pensions
-
-
-
34 439
total
-
-
-
103 071
Employee
40 183
-
171 016
-
pensions
4 543
-
13 185
-
surtax
-
-
-
-
social contributions
1 146
-
4 873
-
income
2 371
-
38 500
-
total
8 060
-
56 558
-
Employer
40 183
-
171 016
-
health
2 813
-
17 353
-
pensions
6 601
-
21 964
-
unemployment
1 627
-
6 925
-
social contributions
121
-
513
-
other
1 386
-
7 222
-
total
12 548
-
53 977
-
Corporate
172 269
225 000
-
-
income
48 236
63 001
-
-
surtax
-
-
-
-
total
48 236
63 001
-
-
Dividends
124 033
161 999
-
-
surtax
-
-
-
-
social contributions
21 334
27 864
-
-
withholding
15 877
20 735
-
-
total
37 211
48 599
-
-
Income
225 000
225 000
225 000
225 000
Total tax
106 055
111 600
110 535
103 071
After tax
118 945
113 400
114 465
121 929
Living cost
32 122
32 122
32 122
32 122
Free-cash
86 823
81 278
82 343
89 807

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84460
₽85525
₽92989
₽89675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 872
other
-
-
-
6 975
surtax
-
-
-
-
social contributions
-
-
-
6 411
health
-
-
-
11 374
pensions
-
-
-
34 439
total
-
-
-
103 071
Employee
35 869
-
171 016
-
pensions
4 057
-
13 185
-
surtax
-
-
-
-
social contributions
1 023
-
4 873
-
income
1 849
-
38 500
-
total
6 929
-
56 558
-
Employer
35 869
-
171 016
-
health
2 510
-
17 353
-
pensions
5 894
-
21 964
-
unemployment
1 452
-
6 925
-
social contributions
107
-
513
-
other
1 238
-
7 222
-
total
11 201
-
53 977
-
Corporate
177 930
225 000
-
-
income
49 820
63 001
-
-
surtax
-
-
-
-
total
49 820
63 001
-
-
Dividends
128 110
161 999
-
-
surtax
-
-
-
-
social contributions
22 036
27 864
-
-
withholding
16 399
20 735
-
-
total
38 435
48 599
-
-
Income
225 000
225 000
225 000
225 000
Total tax
106 385
111 600
110 535
103 071
After tax
118 615
113 400
114 465
121 929
Living cost
28 940
28 940
28 940
28 940
Free-cash
89 675
84 460
85 525
92 989

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
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.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117361
₽118193
₽124584
₽117850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 751
social contributions
-
-
-
31 050
health
-
-
-
15 706
total
-
-
-
80 507
Employee
31 834
-
225 000
-
social contributions
4 394
-
31 050
-
income
5 309
-
40 142
-
health
2 222
-
15 706
-
total
11 925
-
86 898
-
Employer
31 834
-
225 000
-
total
-
-
-
-
Corporate
193 166
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%.

9 659
11 250
-
-
total
9 659
11 250
-
-
Dividends
183 508
213 750
-
-
social contributions
25 323
29 498
-
-
withholding
27 525
32 062
-
-
health
12 809
14 920
-
-
total
65 657
76 480
-
-
Income
225 000
225 000
225 000
225 000
Total tax
87 241
87 730
86 898
80 507
After tax
137 759
137 270
138 102
144 493
Living cost
19 909
19 909
19 909
19 909
Free-cash
117 850
117 361
118 193
124 584

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
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.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90841
₽25614
₽81959
₽89386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 434
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
900
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
109 959
Employee
46 921
37 416
187 563
-
other
469
374
1 098
-
unemployment
1 408
1 122
3 291
-
pensions
4 805
3 831
11 232
-
income
5 342
2 760
63 003
-
health
1 816
1 449
4 244
-
total
13 840
9 536
82 868
-
Employer
46 921
37 416
187 563
-
chamber of commerce
187
150
750
-
health
1 773
1 415
4 146
-
pensions
5 889
4 697
13 765
-
accident
609
486
1 425
-
unemployment
1 408
1 122
3 291
-
surtax
185
185
185
-
payroll
1 408
1 122
5 627
-
other
2 229
1 776
8 247
-
total
13 688
10 953
37 436
-
Corporate
164 392
176 630
184 000
-
income

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

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

41 098
44 158
46 000
-
total
41 098
44 158
46 000
-
Dividends
123 294
132 473
-
-
withholding
33 906
36 430
-
-
total
33 906
36 430
-
-
Income
225 000
225 000
225 000
225 000
Total tax
102 532
101 077
166 304
109 959
After tax
122 468
123 923
58 696
115 041
Living cost
33 082
33 082
33 082
33 082
Free-cash
89 386
90 841
25 614
81 959

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88471
₽41655
₽63698
₽77399
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
12 096
social contributions
-
-
-
23 408
national
-
-
-
91 565
total
-
-
-
127 069
Employee

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

67 159
-
174 270
-
unemployment

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

584
-
1 516
-
communal

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

3 503
-
9 090
-
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.

5 037
-
13 071
-
national
20 647
-
66 514
-
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.

3 155
-
8 190
-
total
32 926
-
98 381
-
Employer

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

67 159
-
174 270
-
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.

4 130
-
10 719
-
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.

5 951
-
15 440
-
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.

873
-
2 265
-
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.

980
-
2 544
-
surtax
7 615
-
19 763
-
total
19 549
-
50 731
-
Corporate
138 293
225 000
-
-
income
27 659
49 214
-
-
surtax
552
983
-
-
total
28 211
50 197
-
-
Dividends
110 081
174 802
-
-
withholding

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

32 682
52 099
-
-
total
32 682
52 099
-
-
Income
225 000
225 000
225 000
225 000
Total tax
113 368
102 296
149 112
127 069
After tax
111 632
122 704
75 888
97 931
Living cost
34 233
34 233
34 233
34 233
Free-cash
77 399
88 471
41 655
63 698

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115351
₽87754
₽91695
₽108919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
income
-
-
-
73 291
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
99 398
Employee
46 735
-
197 257
-
other
46
-
87
-
unemployment
725
-
1 349
-
pensions
2 197
-
4 091
-
income
9 861
-
70 068
-
total
12 829
-
75 595
-
Employer
46 735
-
197 257
-
pensions
11 029
-
20 538
-
accident
925
-
1 723
-
unemployment
2 571
-
4 786
-
other
372
-
697
-
total
14 897
-
27 744
-
Corporate
163 368
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.

24 505
33 751
-
-
total
24 505
33 751
-
-
Dividends
138 863
191 249
-
-
withholding
29 943
41 991
-
-
total
29 943
41 991
-
-
Income
225 000
225 000
225 000
225 000
Total tax
82 174
75 742
103 339
99 398
After tax
142 826
149 258
121 661
125 602
Living cost
33 907
33 907
33 907
33 907
Free-cash
108 919
115 351
87 754
91 695

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
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.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75187
₽62513
₽53752
₽62276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
14 220
accident
-
-
-
1 883
income
-
-
-
43 781
surtax
-
-
-
11 182
health
-
-
-
15 690
pensions
-
-
-
33 469
total
-
-
-
120 225
Employee
71 101
-
200 983
-
pensions
5 687
-
16 078
-
surtax
4 358
-
12 317
-
income
6 868
-
50 108
-
health
3 164
-
8 944
-
total
20 077
-
87 447
-
Employer
71 101
-
200 983
-
health
2 168
-
6 131
-
pensions
5 687
-
16 078
-
accident
640
-
1 808
-
total
8 495
-
24 017
-
Corporate
145 404
225 000
-
-
communal
9 815
15 187
-
-
income
21 810
33 751
-
-
surtax
1 527
2 363
-
-
total
33 152
51 301
-
-
Dividends
112 252
173 700
-
-
income
33 140
21 433
-
-
withholding
16 837
26 056
-
-
total
49 977
47 489
-
-
Income
225 000
225 000
225 000
225 000
Total tax
111 701
98 790
111 464
120 225
After tax
113 299
126 210
113 536
104 775
Living cost
51 023
51 023
51 023
51 023
Free-cash
62 276
75 187
62 513
53 752

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120438
₽78859
₽84599
₽117450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 688
other
-
-
-
-
surtax
-
-
-
12 454
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
119 313
Employee
31 618
-
198 624
-
other
-
-
-
-
unemployment
2 200
-
8 721
-
pensions
2 110
-
8 358
-
surtax
112
-
11 332
-
income
5 301
-
67 072
-
health
807
-
3 195
-
total
10 530
-
98 678
-
Employer
31 618
-
198 624
-
health
1 438
-
5 701
-
pensions
4 216
-
16 703
-
unemployment
1 003
-
3 971
-
other
-
-
-
-
total
6 657
-
26 375
-
Corporate
186 725
225 000
-
-
income
48 548
58 500
-
-
total
48 548
58 500
-
-
Dividends
138 178
166 500
-
-
withholding
20 727
24 974
-
-
total
20 727
24 974
-
-
Income
225 000
225 000
225 000
225 000
Total tax
86 462
83 474
125 053
119 313
After tax
138 538
141 526
99 947
105 687
Living cost
21 088
21 088
21 088
21 088
Free-cash
117 450
120 438
78 859
84 599

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92974
₽75387
₽83305
₽90890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
46 991
regional
-
-
-
3 614
municipal
-
-
-
1 424
national
-
-
-
64 375
total
-
-
-
116 404
Employee
52 081
-
225 000
-
municipal
276
-
1 308
-
national
8 251
-
58 091
-
regional
701
-
3 317
-
social contributions
17 562
-
61 606
-
total
26 790
-
124 322
-
Employer
52 081
-
225 000
-
total
-
-
-
-
Corporate
172 919
225 000
-
-
municipal
8 595
11 182
-
-
nationa
41 501
54 000
-
-
total
50 096
65 182
-
-
Dividends
122 823
159 818
-
-
withholding
31 933
41 553
-
-
total
31 933
41 553
-
-
Income
225 000
225 000
225 000
225 000
Total tax
108 819
106 735
124 322
116 404
After tax
116 181
118 265
100 678
108 596
Living cost
25 291
25 291
25 291
25 291
Free-cash
90 890
92 974
75 387
83 305

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126583
₽95598
₽105605
₽116475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
225 000
income
-
-
-
24 231
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
3 377
health
-
-
-
30 375
total
-
-
-
91 065
Employee
41 662
-
180 437
-
solidarity contribution
-
-
2 479
-
social contributions
2 708
-
7 364
-
income
4 999
-
22 307
-
health
5 624
-
24 359
-
total
13 331
-
56 509
-
Employer
41 662
-
180 437
-
health
3 750
-
16 239
-
social contributions
10 416
-
28 324
-
total
14 166
-
44 563
-
Corporate
169 173
225 000
-
-
income
32 143
42 750
-
-
total
32 143
42 750
-
-
Dividends
137 030
182 250
-
-
withholding
20 555
27 337
-
-
total
20 555
27 337
-
-
Income
225 000
225 000
225 000
225 000
Total tax
80 195
70 087
101 072
91 065
After tax
144 805
154 913
123 928
133 935
Living cost
28 330
28 330
28 330
28 330
Free-cash
116 475
126 583
95 598
105 605

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94070
₽28786
₽85272
₽93605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 434
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
900
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
109 774
Employee
41 041
37 416
187 738
-
other
410
374
1 098
-
unemployment
1 231
1 122
3 291
-
pensions
4 203
3 831
11 232
-
income
3 656
2 760
63 090
-
health
1 587
1 449
4 244
-
total
11 087
9 536
82 955
-
Employer
41 041
37 416
187 738
-
chamber of commerce
164
150
750
-
health
1 552
1 415
4 146
-
pensions
5 151
4 697
13 765
-
accident
533
486
1 425
-
unemployment
1 231
1 122
3 291
-
surtax
-
-
-
-
payroll
1 231
1 122
5 632
-
other
1 949
1 776
8 253
-
total
11 811
10 768
37 262
-
Corporate
172 148
176 816
184 174
-
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.

43 037
44 204
46 043
-
total
43 037
44 204
46 043
-
Dividends
129 111
132 612
-
-
withholding
35 506
36 468
-
-
total
35 506
36 468
-
-
Income
225 000
225 000
225 000
225 000
Total tax
101 441
100 976
166 260
109 774
After tax
123 559
124 024
58 740
115 226
Living cost
29 954
29 954
29 954
29 954
Free-cash
93 605
94 070
28 786
85 272

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽201983
₽168233
₽210983
₽199777
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 709
-
225 000
-
income
2 942
-
45 000
-
total
2 942
-
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%.

210 291
225 000
-
-
total
-
-
-
-
Dividends
210 291
225 000
-
-
withholding
10 514
11 250
-
-
total
10 514
11 250
-
-
Income
225 000
225 000
225 000
225 000
Total tax
13 456
11 250
45 000
2 250
After tax
211 544
213 750
180 000
222 750
Living cost
11 767
11 767
11 767
11 767
Free-cash
199 777
201 983
168 233
210 983

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129730
₽72937
₽77824
₽121876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 426
unemployment
-
-
-
337
health
-
-
-
22 139
pensions
-
-
-
41 091
total
-
-
-
121 993
Employee

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

41 517
-
194 688
-
unemployment
59
-
273
-
pensions
6 435
-
30 177
-
income
7 160
-
53 541
-
health
2 681
-
12 577
-
total
16 335
-
96 568
-
Employer

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

41 517
-
194 688
-
health
2 765
-
12 965
-
pensions
3 674
-
17 229
-
unemployment
25
-
118
-
total
6 464
-
30 312
-
Corporate
177 019
225 000
-
-
income
33 633
42 750
-
-
total
33 633
42 750
-
-
Dividends
143 385
182 250
-
-
withholding
21 509
27 337
-
-
total
21 509
27 337
-
-
Income
225 000
225 000
225 000
225 000
Total tax
77 941
70 087
126 880
121 993
After tax
147 059
154 913
98 120
103 007
Living cost
25 183
25 183
25 183
25 183
Free-cash
121 876
129 730
72 937
77 824

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
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.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96789
₽172673
₽115392
₽52582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
Corporate
86 426
225 000
-
-
income
19 014
49 500
-
-
total
19 014
49 500
-
-
Dividends
67 412
175 500
-
-
income
14 831
38 610
-
-
total
14 831
38 610
-
-
Income
225 000
225 000
225 000
225 000
Total tax
132 317
88 110
12 226
69 507
After tax
92 683
136 890
212 774
155 493
Living cost
40 101
40 101
40 101
40 101
Free-cash
52 582
96 789
172 673
115 392

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98529
₽69136
₽87222
₽97585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 140
surtax
-
-
-
-
social contributions

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

-
-
-
78 188
total
-
-
-
108 328
Employee
43 181
-
181 819
-
surtax
-
-
483
-
social contributions
4 750
-
20 000
-
income
8 982
-
62 750
-
total
13 732
-
83 233
-
Employer
43 181
-
181 819
-
social contributions
10 255
-
43 181
-
total
10 255
-
43 181
-
Corporate
171 563
225 000
-
-
income
36 028
47 251
-
-
surtax
-
-
-
-
total
36 028
47 251
-
-
Dividends
135 536
177 749
-
-
withholding
37 950
49 770
-
-
total
37 950
49 770
-
-
Income
225 000
225 000
225 000
225 000
Total tax
97 965
97 021
126 414
108 328
After tax
127 035
127 979
98 586
116 672
Living cost
29 450
29 450
29 450
29 450
Free-cash
97 585
98 529
69 136
87 222

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68053
₽69118
₽76582
₽74507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 872
other
-
-
-
6 975
surtax
-
-
-
-
social contributions
-
-
-
6 411
health
-
-
-
11 374
pensions
-
-
-
34 439
total
-
-
-
103 071
Employee
58 804
-
171 016
-
pensions
6 651
-
13 185
-
surtax
-
-
-
-
social contributions
1 675
-
4 873
-
income
5 131
-
38 500
-
total
13 457
-
56 558
-
Employer
58 804
-
171 016
-
health
4 116
-
17 353
-
pensions
9 662
-
21 964
-
unemployment
2 382
-
6 925
-
social contributions
176
-
513
-
other
2 029
-
7 222
-
total
18 365
-
53 977
-
Corporate
147 830
225 000
-
-
income
41 392
63 001
-
-
surtax
-
-
-
-
total
41 392
63 001
-
-
Dividends
106 438
161 999
-
-
surtax
-
-
-
-
social contributions
18 307
27 864
-
-
withholding
13 625
20 735
-
-
total
31 932
48 599
-
-
Income
225 000
225 000
225 000
225 000
Total tax
105 146
111 600
110 535
103 071
After tax
119 854
113 400
114 465
121 929
Living cost
45 347
45 347
45 347
45 347
Free-cash
74 507
68 053
69 118
76 582

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174279
₽141406
₽135431
₽171123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 848
social contributions
-
-
-
49 499
total
-
-
-
61 347
Employee
30 184
-
194 804
-
income
-
-
12 513
-
social contributions
1 962
-
12 663
-
total
1 962
-
25 176
-
Employer
30 184
-
194 804
-
social contributions
4 679
-
30 196
-
total
4 679
-
30 196
-
Corporate
190 137
225 000
-
-
income
19 014
22 499
-
-
total
19 014
22 499
-
-
Dividends
171 123
202 501
-
-
total
-
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
25 655
22 499
55 372
61 347
After tax
199 345
202 501
169 628
163 653
Living cost
28 222
28 222
28 222
28 222
Free-cash
171 123
174 279
141 406
135 431

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20442
₽20442
₽84039
₽11182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
17 935
municipal
-
-
-
48 639
national
-
-
-
28 357
pensions
-
-
-
814
total
-
-
-
95 745
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
20 443
-
-
-
income
4 497
-
-
-
total
4 497
-
-
-
Dividends
15 946
-
-
-
withholding
4 763
-
-
-
total
4 763
-
-
-
Income
225 000
225 000
225 000
225 000
Total tax
168 602
159 342
159 342
95 745
After tax
56 398
65 658
65 658
129 255
Living cost
45 216
45 216
45 216
45 216
Free-cash
11 182
20 442
20 442
84 039

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2397
₽103609
₽132981
₽15062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
64 770
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
71 397
Employee
32 441
-
206 029
-
pensions
3 653
-
7 259
-
income
4 450
-
50 948
-
health
3 715
-
23 591
-
total
11 818
-
81 798
-
Employer
32 441
-
206 029
-
pensions
5 275
-
10 482
-
accident
542
-
3 441
-
unemployment
795
-
5 048
-
total
6 612
-
18 971
-
Corporate
185 948
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.

167 353
202 500
-
-
total
167 353
202 500
-
-
Dividends
18 595
22 500
-
-
withholding
3 533
4 275
-
-
total
3 533
4 275
-
-
Income
225 000
225 000
225 000
225 000
Total tax
189 316
206 775
100 769
71 397
After tax
35 684
18 225
124 231
153 603
Living cost
20 622
20 622
20 622
20 622
Free-cash
15 062
-2 397
103 609
132 981

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101240
₽74641
₽100415
₽104139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 073
municipal
-
-
-
39 947
national
-
-
-
45 519
total
-
-
-
88 539
Employee
49 396
-
189 282
-
municipal
8 091
-
30 806
-
unemployment
741
-
2 840
-
pensions
3 334
-
12 777
-
national
816
-
29 650
-
health
369
-
2 523
-
total
13 351
-
78 596
-
Employer
49 396
-
189 282
-
health
380
-
1 457
-
pensions
8 570
-
32 840
-
accident
50
-
189
-
unemployment
321
-
1 231
-
total
9 321
-
35 717
-
Corporate
166 284
225 000
-
-
income
33 257
45 000
-
-
total
33 257
45 000
-
-
Dividends

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

99 770
135 000
-
-
municipal
17 958
24 301
-
-
national
10 928
18 413
-
-
total
28 886
42 714
-
-
Income
225 000
225 000
225 000
225 000
Total tax
84 815
87 714
114 313
88 539
After tax
140 185
137 286
110 687
136 461
Living cost
36 046
36 046
36 046
36 046
Free-cash
104 139
101 240
74 641
100 415

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142206
₽127248
₽129065
₽137097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 269
social contributions
-
-
-
15 191
health
-
-
-
5 737
total
-
-
-
74 197
Employee
72 195
72 195
212 979
-
social contributions
2 730
5 992
8 082
-
income
7 861
6 683
52 291
-
health
559
1 228
3 620
-
total
11 150
13 903
63 993
-
Employer
72 195
72 195
212 979
-
health
608
1 336
3 939
-
social contributions
2 730
5 992
8 082
-
total
3 338
7 328
12 021
-
Corporate
188 775
145 477
-
-
income
23 597
18 184
-
-
total
23 597
18 184
-
-
Dividends
165 179
127 293
-
-
withholding
28 080
21 641
-
-
total
28 080
21 641
-
-
Income
225 000
225 000
225 000
225 000
Total tax
66 165
61 056
76 014
74 197
After tax
158 835
163 944
148 986
150 803
Living cost
21 738
21 738
21 738
21 738
Free-cash
137 097
142 206
127 248
129 065

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171414
₽158481
₽177311
₽166639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 385
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
32 782
Employee

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

21 550
-
215 824
-
unemployment
107
-
445
-
pensions
3 232
-
13 363
-
income
1 473
-
21 056
-
health
1 832
-
7 572
-
total
6 644
-
42 436
-
Employer

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

21 550
-
215 824
-
health
926
-
3 831
-
pensions
1 185
-
4 900
-
unemployment
107
-
445
-
total
2 218
-
9 176
-
Corporate
201 231
225 000
-
-
income
18 111
20 251
-
-
total
18 111
20 251
-
-
Dividends
183 120
204 749
-
-
withholding
16 481
18 428
-
-
total
16 481
18 428
-
-
Income
225 000
225 000
225 000
225 000
Total tax
43 454
38 679
51 612
32 782
After tax
181 546
186 321
173 388
192 218
Living cost
14 907
14 907
14 907
14 907
Free-cash
166 639
171 414
158 481
177 311

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123440
₽95843
₽99784
₽119293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
income
-
-
-
73 291
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
99 398
Employee
34 716
-
197 257
-
other
34
-
87
-
unemployment
538
-
1 349
-
pensions
1 632
-
4 091
-
income
6 693
-
70 068
-
total
8 897
-
75 595
-
Employer
34 716
-
197 257
-
pensions
8 192
-
20 538
-
accident
688
-
1 723
-
unemployment
1 910
-
4 786
-
other
278
-
697
-
total
11 068
-
27 744
-
Corporate
179 216
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.

26 882
33 751
-
-
total
26 882
33 751
-
-
Dividends
152 334
191 249
-
-
withholding
33 042
41 991
-
-
total
33 042
41 991
-
-
Income
225 000
225 000
225 000
225 000
Total tax
79 889
75 742
103 339
99 398
After tax
145 111
149 258
121 661
125 602
Living cost
25 818
25 818
25 818
25 818
Free-cash
119 293
123 440
95 843
99 784

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138503
₽143105
₽143239
₽138191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 477
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
79 864
Employee
2 889
-
223 443
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
77 404
-
health
144
-
346
-
total
992
-
78 442
-
Employer
2 889
-
223 443
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
221 460
225 000
-
-
income
48 721
49 500
-
-
total
48 721
49 500
-
-
Dividends
172 739
175 500
-
-
withholding
34 548
35 100
-
-
total
34 548
35 100
-
-
Income
225 000
225 000
225 000
225 000
Total tax
84 912
84 600
79 998
79 864
After tax
140 088
140 400
145 002
145 136
Living cost
1 897
1 897
1 897
1 897
Free-cash
138 191
138 503
143 105
143 239

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146317
₽130187
₽130188
₽141693
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
52 326
unemployment
-
-
-
1 041
health
-
-
-
7 150
pensions
-
-
-
18 050
total
-
-
-
78 567
Employee

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

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

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

24 497
-
212 574
-
unemployment
184
-
521
-
pensions
3 430
-
9 719
-
income
3 377
-
52 326
-
health
1 262
-
3 575
-
total
8 253
-
66 141
-
Employer

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

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

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

24 497
-
212 574
-
health
1 262
-
3 575
-
pensions
2 940
-
8 331
-
unemployment
184
-
521
-
total
4 386
-
12 427
-
Corporate
196 118
225 000
-
-
income
29 418
33 750
-
-
total
29 418
33 750
-
-
Dividends
166 701
191 250
-
-
withholding
25 005
28 688
-
-
total
25 005
28 688
-
-
Income
225 000
225 000
225 000
225 000
Total tax
67 062
62 438
78 568
78 567
After tax
157 938
162 562
146 432
146 433
Living cost
16 245
16 245
16 245
16 245
Free-cash
141 693
146 317
130 187
130 188

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102668
₽73274
₽91360
₽102331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 140
surtax
-
-
-
-
social contributions

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

-
-
-
78 188
total
-
-
-
108 328
Employee
36 440
-
181 819
-
surtax
-
-
483
-
social contributions
4 009
-
20 000
-
income
7 120
-
62 750
-
total
11 129
-
83 233
-
Employer
36 440
-
181 819
-
social contributions
8 654
-
43 181
-
total
8 654
-
43 181
-
Corporate
179 906
225 000
-
-
income
37 781
47 251
-
-
surtax
-
-
-
-
total
37 781
47 251
-
-
Dividends
142 125
177 749
-
-
withholding
39 794
49 770
-
-
total
39 794
49 770
-
-
Income
225 000
225 000
225 000
225 000
Total tax
97 358
97 021
126 414
108 328
After tax
127 642
127 979
98 586
116 672
Living cost
25 312
25 312
25 312
25 312
Free-cash
102 331
102 668
73 274
91 360

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116262
₽88665
₽92606
₽110118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
income
-
-
-
73 291
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
99 398
Employee
45 344
-
197 257
-
other
45
-
87
-
unemployment
702
-
1 349
-
pensions
2 131
-
4 091
-
income
9 471
-
70 068
-
total
12 349
-
75 595
-
Employer
45 344
-
197 257
-
pensions
10 701
-
20 538
-
accident
898
-
1 723
-
unemployment
2 494
-
4 786
-
other
363
-
697
-
total
14 456
-
27 744
-
Corporate
165 200
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.

24 780
33 751
-
-
total
24 780
33 751
-
-
Dividends
140 420
191 249
-
-
withholding
30 301
41 991
-
-
total
30 301
41 991
-
-
Income
225 000
225 000
225 000
225 000
Total tax
81 886
75 742
103 339
99 398
After tax
143 114
149 258
121 661
125 602
Living cost
32 996
32 996
32 996
32 996
Free-cash
110 118
116 262
88 665
92 606

Estimated living cost  is ₽32996 per week

₽23697
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.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176224
₽175807
₽166342
₽170502
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
42 507
Employee
21 387
-
218 566
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 880
-
income
2 139
-
21 857
-
health
984
-
1 509
-
total
5 236
-
26 607
-
Employer
21 387
-
218 566
-
health
1 476
-
2 263
-
pensions

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

2 357
-
3 614
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
unemployment
128
-
197
-
total
4 196
-
6 435
-
Corporate
199 417
225 000
-
-
income
19 942
22 500
-
-
total
19 942
22 500
-
-
Dividends
179 475
202 500
-
-
withholding
8 973
10 125
-
-
total
8 973
10 125
-
-
Income
225 000
225 000
225 000
225 000
Total tax
38 347
32 625
33 042
42 507
After tax
186 653
192 375
191 958
182 493
Living cost
16 151
16 151
16 151
16 151
Free-cash
170 502
176 224
175 807
166 342

Estimated living cost  is ₽16151 per week

₽10682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79448
₽101988
₽75965
₽91733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
76 161
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.

-
-
-
4 189
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.

-
-
-
6 414
trade
-
-
-
26 023
total
-
-
-
112 787
Employee

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

46 715
-
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.

212
-
4 189
-
income

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

3 841
-
76 161
-
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.

6 414
-
6 414
-
total
10 467
-
86 764
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 285
225 000
-
-
income
26 743
33 751
-
-
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.

1 472
1 857
-
-
chamber of commerce
404
472
-
-
trade
25 583
32 288
-
-
total
54 202
68 368
-
-
Dividends
124 082
156 633
-
-
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.

1 687
2 134
-
-
withholding
30 663
38 802
-
-
total
32 350
40 936
-
-
Income
225 000
225 000
225 000
225 000
Total tax
97 019
109 304
86 764
112 787
After tax
127 981
115 696
138 236
112 213
Living cost
36 248
36 248
36 248
36 248
Free-cash
91 733
79 448
101 988
75 965

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104017
₽58116
₽58116
₽106091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 482
social contributions
-
-
-
38 919
total
-
-
-
113 401
Employee
73 441
-
225 000
-
income
13 858
-
74 482
-
social contributions
6 101
-
38 919
-
total
19 959
-
113 401
-
Employer
73 441
-
225 000
-
total
-
-
-
-
Corporate
151 559
225 000
-
-
income
18 945
28 124
-
-
total
18 945
28 124
-
-
Dividends
132 614
196 876
-
-
withholding
26 522
39 376
-
-
total
26 522
39 376
-
-
Income
225 000
225 000
225 000
225 000
Total tax
65 426
67 500
113 401
113 401
After tax
159 574
157 500
111 599
111 599
Living cost
53 483
53 483
53 483
53 483
Free-cash
106 091
104 017
58 116
58 116

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107209
₽122258
₽151487
₽110490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 751
health

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

-
-
-
5 680
total
-
-
-
39 431
Employee
43 070
-
220 681
-
income
4 673
-
60 022
-
social contributions
4 315
-
4 319
-
total
8 988
-
64 341
-
Employer
43 070
-
220 681
-
social contributions
4 315
-
4 319
-
total
4 315
-
4 319
-
Corporate
177 615
225 000
-
-
income
62 165
78 749
-
-
total
62 165
78 749
-
-
Dividends
115 449
146 251
-
-
social contributions
4 960
4 960
-
-
total
4 960
4 960
-
-
Income
225 000
225 000
225 000
225 000
Total tax
80 428
83 709
68 660
39 431
After tax
144 572
141 291
156 340
185 569
Living cost
34 082
34 082
34 082
34 082
Free-cash
110 490
107 209
122 258
151 487

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105923
₽89738
₽109776
₽111500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
70 579
pensions
-
-
-
9 657
total
-
-
-
80 236
Employee
48 026
-
196 003
-
pensions
3 666
-
11 445
-
income
8 746
-
57 220
-
health
626
-
2 612
-
total
13 038
-
71 277
-
Employer
48 026
-
196 003
-
health
913
-
3 724
-
pensions
4 852
-
25 273
-
total
5 765
-
28 997
-
Corporate
171 209
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.

32 530
42 750
-
-
total
32 530
42 750
-
-
Dividends
138 680
182 250
-
-
withholding
27 179
41 339
-
-
total
27 179
41 339
-
-
Income
225 000
225 000
225 000
225 000
Total tax
78 512
84 089
100 274
80 236
After tax
146 488
140 911
124 726
144 764
Living cost
34 988
34 988
34 988
34 988
Free-cash
111 500
105 923
89 738
109 776

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4439
₽101567
₽130939
₽14750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
64 770
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
71 397
Employee
35 652
-
206 029
-
pensions
4 014
-
7 259
-
income
4 891
-
50 948
-
health
4 082
-
23 591
-
total
12 987
-
81 798
-
Employer
35 652
-
206 029
-
pensions
5 797
-
10 482
-
accident
595
-
3 441
-
unemployment
873
-
5 048
-
total
7 265
-
18 971
-
Corporate
182 083
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.

163 874
202 500
-
-
total
163 874
202 500
-
-
Dividends
18 208
22 500
-
-
withholding
3 460
4 275
-
-
total
3 460
4 275
-
-
Income
225 000
225 000
225 000
225 000
Total tax
187 586
206 775
100 769
71 397
After tax
37 414
18 225
124 231
153 603
Living cost
22 664
22 664
22 664
22 664
Free-cash
14 750
-4 439
101 567
130 939

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159438
₽153661
₽133010
₽156596
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
37 998
unemployment
-
-
-
1 802
work injury
-
-
-
751
health insurance
-
-
-
11 115
pensions
-
-
-
27 637
total
-
-
-
79 303
Employee

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

20 298
-
225 000
-
health insurance
1 502
-
5 558
-
unemployment
244
-
901
-
work injury
101
-
376
-
pensions
3 735
-
13 819
-
income
2 030
-
37 998
-
total
7 612
-
58 652
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
204 702
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%.

20 470
22 500
-
-
total
20 470
22 500
-
-
Dividends
184 231
202 500
-
-
withholding
27 635
30 375
-
-
total
27 635
30 375
-
-
Income
225 000
225 000
225 000
225 000
Total tax
55 717
52 875
58 652
79 303
After tax
169 283
172 125
166 348
145 697
Living cost
12 687
12 687
12 687
12 687
Free-cash
156 596
159 438
153 661
133 010

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81112
₽61303
₽69014
₽76842
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
46 991
regional
-
-
-
5 615
municipal
-
-
-
1 602
national
-
-
-
64 375
total
-
-
-
118 583
Employee
79 116
-
225 000
-
municipal
472
-
1 470
-
national
13 370
-
58 091
-
regional
1 194
-
5 127
-
social contributions
26 677
-
61 606
-
total
41 713
-
126 294
-
Employer
79 116
-
225 000
-
total
-
-
-
-
Corporate
145 884
225 000
-
-
municipal
7 032
10 845
-
-
nationa
35 012
54 000
-
-
total
42 044
64 845
-
-
Dividends
103 840
160 155
-
-
withholding
26 998
41 640
-
-
total
26 998
41 640
-
-
Income
225 000
225 000
225 000
225 000
Total tax
110 755
106 485
126 294
118 583
After tax
114 245
118 515
98 706
106 417
Living cost
37 403
37 403
37 403
37 403
Free-cash
76 842
81 112
61 303
69 014

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close