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
₽ 226000
per

Your estimated
City
free-cash

Dresden , Germany
₽110954
₽86537
₽81969
₽96524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 000
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.

-
-
-
77 291
trade
-
-
-
28 985
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.

-
-
-
6 166
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.

-
-
-
4 251
total
-
-
-
116 693
Employee

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

34 521
-
226 000
-
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.

53
-
4 251
-
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.

6 166
-
6 166
-
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.

964
-
77 291
-
total
7 183
-
87 708
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
191 479
226 000
-
-
income
28 722
33 899
-
-
trade
30 157
35 595
-
-
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.

1 579
1 865
-
-
chamber of commerce
413
462
-
-
total
60 871
71 821
-
-
Dividends
130 608
154 178
-
-
withholding
32 308
38 202
-
-
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.

1 776
2 102
-
-
total
34 084
40 304
-
-
Income
226 000
226 000
226 000
226 000
Total tax
102 138
112 125
87 708
116 693
After tax
123 862
113 875
138 292
109 307
Living cost
27 338
27 338
27 338
27 338
Free-cash
96 524
86 537
110 954
81 969

Estimated living cost  is ₽27338 per week

₽17196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81286
₽93423
₽80073
₽92632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
pensions
-
-
-
27 120
social contributions
-
-
-
2 429
municipal
-
-
-
25 187
national
-
-
-
43 590
total
-
-
-
98 326
Employee
73 790
-
195 375
-
municipal
9 114
-
26 062
-
pensions
2 952
-
7 815
-
national
14 123
-
45 506
-
total
26 189
-
79 383
-
Employer
73 790
-
195 375
-
social contributions
793
-
2 100
-
pensions
5 903
-
15 630
-
total
6 696
-
17 730
-
Corporate
140 644
226 000
-
-
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%.

28 129
45 200
-
-
total
28 129
45 200
-
-
Dividends
112 515
180 800
-
-
withholding
24 753
39 776
-
-
total
24 753
39 776
-
-
Income
226 000
226 000
226 000
226 000
Total tax
85 767
84 976
97 113
98 326
After tax
140 233
141 024
128 887
127 674
Living cost
47 601
47 601
47 601
47 601
Free-cash
92 632
93 423
81 286
80 073

Estimated living cost  is ₽47601 per week

₽32354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽712
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80689
₽162023
₽64970
₽154620
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 000
income
-
-
-
50 042
microenterprise
-
-
-
-
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.

-
-
-
34 581
surtax
-
-
-
57 630
total
-
-
-
142 253
Employee
26 373
-
180 258
-
surtax
-
-
26 137
-
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.

2 901
-
11 832
-
income
4 695
-
42 823
-
total
7 596
-
80 792
-
Employer
26 373
-
180 258
-
surtax
-
-
19 829
-
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.

6 353
-
25 913
-
total
6 353
-
45 742
-
Corporate
193 274
226 000
-
-
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%.

38 654
45 200
-
-
total
38 654
45 200
-
-
Dividends

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

154 620
180 800
-
-
total
-
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
52 603
45 200
126 534
142 253
After tax
173 397
180 800
99 466
83 747
Living cost
18 777
18 777
18 777
18 777
Free-cash
154 620
162 023
80 689
64 970

Estimated living cost  is ₽18777 per week

₽11979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4583
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106685
₽75079
₽82297
₽69550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
84 188
pensions
-
-
-
10 575
health
-
-
-
11 130
total
-
-
-
105 893
Employee
77 075
77 075
209 227
-
pensions
13 874
10 575
10 575
-
health
11 830
10 063
11 130
-
income

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

12 616
12 616
43 026
-
total
38 320
33 254
64 731
-
Employer
77 075
77 075
209 227
-
health
5 358
5 358
6 658
-
unemployment
2 775
2 775
3 448
-
pensions
5 364
5 364
6 668
-
total
13 497
13 497
16 774
-
Corporate
136 373
135 428
-
-
income
27 274
27 086
-
-
total
27 274
27 086
-
-
Dividends
109 099
108 342
-
-
income
23 183
23 023
-
-
withholding
16 366
16 251
-
-
total
39 549
39 274
-
-
Income
226 000
226 000
226 000
226 000
Total tax
118 640
113 111
81 505
105 893
After tax
107 360
112 889
144 495
120 107
Living cost
37 810
37 810
37 810
37 810
Free-cash
69 550
75 079
106 685
82 297

Estimated living cost  is ₽37810 per week

₽26795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽74531
₽86721
₽75421
₽85896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
pensions
-
-
-
8 689
other
-
-
-
9 340
unemployment
-
-
-
80
accident
-
-
-
161
health
-
-
-
5 016
municipal
-
-
-
60 449
national
-
-
-
30 169
total
-
-
-
113 904
Employee
52 259
-
200 745
-
municipal
15 584
-
59 862
-
national
-
-
29 677
-
total
15 584
-
89 539
-
Employer
52 259
-
200 745
-
accident
105
-
161
-
other
6 073
-
9 340
-
health
3 214
-
4 943
-
unemployment
1 380
-
2 122
-
pensions
5 649
-
8 689
-
total
16 421
-
25 255
-
Corporate
157 322
226 000
-
-
income
34 611
49 720
-
-
total
34 611
49 720
-
-
Dividends
122 711
176 280
-
-
withholding
36 813
52 884
-
-
total
36 813
52 884
-
-
Income
226 000
226 000
226 000
226 000
Total tax
103 429
102 604
114 794
113 904
After tax
122 571
123 396
111 206
112 096
Living cost
36 675
36 675
36 675
36 675
Free-cash
85 896
86 721
74 531
75 421

Estimated living cost  is ₽36675 per week

₽24307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽102836
₽77258
₽72563
₽89936
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 000
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.

-
-
-
77 291
trade
-
-
-
30 273
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.

-
-
-
6 166
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.

-
-
-
4 251
total
-
-
-
117 981
Employee

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

45 771
-
226 000
-
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.

216
-
4 251
-
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.

6 166
-
6 166
-
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.

3 933
-
77 291
-
total
10 315
-
87 708
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 229
226 000
-
-
income
27 035
33 899
-
-
trade
29 648
37 178
-
-
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.

1 487
1 865
-
-
chamber of commerce
394
459
-
-
total
58 564
73 401
-
-
Dividends
121 666
152 599
-
-
withholding
30 073
37 806
-
-
surtax

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

1 655
2 079
-
-
total
31 728
39 885
-
-
Income
226 000
226 000
226 000
226 000
Total tax
100 607
113 286
87 708
117 981
After tax
125 393
112 714
138 292
108 019
Living cost
35 456
35 456
35 456
35 456
Free-cash
89 936
77 258
102 836
72 563

Estimated living cost  is ₽35456 per week

₽23714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7475
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120034
₽135376
₽121840
₽131633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
54 518
social contributions
-
-
-
14 603
health
-
-
-
5 764
total
-
-
-
74 885
Employee
69 403
69 403
214 267
-
social contributions
3 372
5 760
7 769
-
health
690
1 180
3 643
-
income
7 288
6 425
53 547
-
total
11 350
13 365
64 959
-
Employer
69 403
69 403
214 267
-
health
752
1 285
3 963
-
social contributions
3 372
5 760
7 769
-
total
4 124
7 045
11 732
-
Corporate
181 250
149 552
-
-
income
22 657
18 693
-
-
total
22 657
18 693
-
-
Dividends
158 594
130 859
-
-
withholding
26 961
22 246
-
-
total
26 961
22 246
-
-
Income
226 000
226 000
226 000
226 000
Total tax
65 092
61 349
76 691
74 885
After tax
160 908
164 651
149 309
151 115
Living cost
29 275
29 275
29 275
29 275
Free-cash
131 633
135 376
120 034
121 840

Estimated living cost  is ₽29275 per week

₽20012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
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.
₽6485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112864
₽108700
₽138411
₽109078
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
27 629
pensions
-
-
-
22 600
unemployment
-
-
-
3 390
health
-
-
-
15 820
total
-
-
-
69 439
Employee

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

The minimum wage is 138,000 HUF per month.

26 199
10 427
189 121
-
unemployment
393
156
2 837
-
pensions
2 620
1 043
18 912
-
health
1 834
730
13 238
-
income
3 203
1 275
23 120
-
total
8 050
3 204
58 107
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 199
10 427
189 121
-
pensions
5 109
2 033
36 879
-
total
5 109
2 033
36 879
-
Corporate
194 692
213 540
-
-
income
17 522
19 219
-
-
total
17 522
19 219
-
-
Dividends
177 170
194 321
-
-
withholding
33 662
36 921
-
-
social contributions
34 429
37 773
-
-
total
68 091
74 694
-
-
Income
226 000
226 000
226 000
226 000
Total tax
98 772
99 150
94 986
69 439
After tax
127 228
126 850
131 014
156 561
Living cost
18 150
18 150
18 150
18 150
Free-cash
109 078
108 700
112 864
138 411

Estimated living cost  is ₽18150 per week

₽12385
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽363
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108462
₽159000
₽99337
₽153393
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
30 284
pensions
-
-
-
45 200
health
-
-
-
29 379
total
-
-
-
104 863
Employee
25 604
-
168 908
-
unemployment
409
-
2 703
-
pensions
512
-
3 378
-
income
2 883
-
32 565
-
total
3 804
-
38 646
-
Employer
25 604
-
168 908
-
health
3 328
-
21 958
-
unemployment
206
-
1 351
-
pensions
5 121
-
33 783
-
total
8 655
-
57 092
-
Corporate
191 741
226 000
-
-
income
38 348
45 200
-
-
total
38 348
45 200
-
-
Dividends
153 393
180 800
-
-
total
-
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
50 807
45 200
95 738
104 863
After tax
175 193
180 800
130 262
121 137
Living cost
21 800
21 800
21 800
21 800
Free-cash
153 393
159 000
108 462
99 337

Estimated living cost  is ₽21800 per week

₽14953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1298
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.
₽5111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105166
-₽1621
₽134328
₽15250
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
65 436
pensions
-
-
-
3 769
other
-
-
-
336
accident
-
-
-
229
health
-
-
-
1 975
total
-
-
-
71 745
Employee
31 347
-
207 473
-
pensions
3 530
-
6 911
-
health
3 589
-
23 756
-
income
4 301
-
51 713
-
total
11 420
-
82 380
-
Employer
31 347
-
207 473
-
accident
523
-
3 465
-
unemployment
768
-
5 083
-
pensions
5 097
-
9 979
-
total
6 388
-
18 527
-
Corporate
188 265
226 000
-
-
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.

169 438
203 400
-
-
total
169 438
203 400
-
-
Dividends
18 826
22 600
-
-
withholding
3 577
4 294
-
-
total
3 577
4 294
-
-
Income
226 000
226 000
226 000
226 000
Total tax
190 823
207 694
100 907
71 745
After tax
35 177
18 306
125 093
154 255
Living cost
19 927
19 927
19 927
19 927
Free-cash
15 250
-1 621
105 166
134 328

Estimated living cost  is ₽19927 per week

₽14605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173062
₽206962
₽216002
₽205511
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
226 000
microenterprise

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

-
-
-
2 260
total
-
-
-
2 260
Employee
9 672
-
226 000
-
income
1 934
-
45 200
-
total
1 934
-
45 200
-
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%.

216 328
226 000
-
-
total
-
-
-
-
Dividends
216 328
226 000
-
-
withholding
10 817
11 300
-
-
total
10 817
11 300
-
-
Income
226 000
226 000
226 000
226 000
Total tax
12 751
11 300
45 200
2 260
After tax
213 249
214 700
180 800
223 740
Living cost
7 738
7 738
7 738
7 738
Free-cash
205 511
206 962
173 062
216 002

Estimated living cost  is ₽7738 per week

₽4795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2087
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113332
₽141992
₽115146
₽135897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
41 306
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.

-
-
-
32 940
other
-
-
-
6 519
health
-
-
-
6 039
total
-
-
-
86 804
Employee
32 771
-
190 984
-
unemployment
327
-
1 372
-
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.

2 293
-
9 607
-
health
459
-
1 922
-
income
5 642
-
40 701
-
total
8 721
-
53 602
-
Employer
32 771
-
190 984
-
accident
262
-
1 528
-
other
1 639
-
6 861
-
health
459
-
1 922
-
unemployment
327
-
1 372
-
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.

5 572
-
23 333
-
total
8 259
-
35 016
-
Corporate
184 970
226 000
-
-
income
38 844
47 460
-
-
total
38 844
47 460
-
-
Dividends
146 125
178 540
-
-
withholding
10 229
12 498
-
-
total
10 229
12 498
-
-
Income
226 000
226 000
226 000
226 000
Total tax
66 053
59 958
88 618
86 804
After tax
159 947
166 042
137 382
139 196
Living cost
24 050
24 050
24 050
24 050
Free-cash
135 897
141 992
113 332
115 146

Estimated living cost  is ₽24050 per week

₽16993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1624
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.
₽5046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64004
₽80015
₽84096
₽87338
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
71 577
pensions
-
-
-
9 499
total
-
-
-
81 076
Employee
86 063
-
196 815
-
pensions
8 303
-
11 202
-
health
1 418
-
2 598
-
income
15 514
-
58 183
-
total
25 235
-
71 983
-
Employer
86 063
-
196 815
-
health
1 634
-
3 740
-
pensions
10 162
-
25 445
-
total
11 796
-
29 185
-
Corporate
128 141
226 000
-
-
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.

24 347
42 940
-
-
total
24 347
42 940
-
-
Dividends
103 794
183 060
-
-
withholding
16 456
42 217
-
-
total
16 456
42 217
-
-
Income
226 000
226 000
226 000
226 000
Total tax
77 834
85 157
101 168
81 076
After tax
148 166
140 843
124 832
144 924
Living cost
60 828
60 828
60 828
60 828
Free-cash
87 338
80 015
64 004
84 096

Estimated living cost  is ₽60828 per week

₽45580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7608
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽181126
₽181231
₽171566
₽176978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
33 900
pensions

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

-
-
-
4 731
unemployment
-
-
-
128
health
-
-
-
3 676
total
-
-
-
42 435
Employee
15 888
-
219 728
-
pensions

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

1 395
-
2 807
-
health
731
-
1 470
-
accident

We are using the highest rate at 1.1%.

175
-
352
-
income
1 589
-
21 973
-
total
3 890
-
26 602
-
Employer
15 888
-
219 728
-
accident

We are using the highest rate at 1.1%.

175
-
352
-
health
1 097
-
2 206
-
unemployment
95
-
192
-
pensions

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

1 751
-
3 523
-
total
3 118
-
6 273
-
Corporate
206 994
226 000
-
-
income
20 700
22 600
-
-
total
20 700
22 600
-
-
Dividends
186 294
203 400
-
-
withholding
9 315
10 170
-
-
total
9 315
10 170
-
-
Income
226 000
226 000
226 000
226 000
Total tax
37 023
32 770
32 875
42 435
After tax
188 977
193 230
193 125
183 565
Living cost
11 999
11 999
11 999
11 999
Free-cash
176 978
181 231
181 126
171 566

Estimated living cost  is ₽11999 per week

₽7005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽318
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94446
₽62840
₽70058
₽65111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
84 188
pensions
-
-
-
10 575
health
-
-
-
11 130
total
-
-
-
105 893
Employee
83 679
77 075
209 227
-
pensions
10 575
10 575
10 575
-
health
10 439
10 063
11 130
-
income

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

12 616
12 616
43 026
-
total
33 630
33 254
64 731
-
Employer
83 679
77 075
209 227
-
health
5 815
5 358
6 658
-
unemployment
3 013
2 775
3 448
-
pensions
5 823
5 364
6 668
-
total
14 651
13 497
16 774
-
Corporate
127 670
135 428
-
-
income
25 534
27 086
-
-
total
25 534
27 086
-
-
Dividends
102 135
108 342
-
-
income
21 704
23 023
-
-
withholding
15 321
16 251
-
-
total
37 025
39 274
-
-
Income
226 000
226 000
226 000
226 000
Total tax
110 840
113 111
81 505
105 893
After tax
115 160
112 889
144 495
120 107
Living cost
50 049
50 049
50 049
50 049
Free-cash
65 111
62 840
94 446
70 058

Estimated living cost  is ₽50049 per week

₽36919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4470
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.
₽8086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102326
₽133072
₽112438
₽125034
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
24 461
solidarity contribution
-
-
-
3 644
social contributions
-
-
-
32 418
health
-
-
-
30 510
total
-
-
-
91 033
Employee
33 130
-
181 876
-
social contributions
2 153
-
7 216
-
solidarity contribution
-
-
2 736
-
health
4 473
-
24 553
-
income
3 976
-
22 516
-
total
10 602
-
57 021
-
Employer
33 130
-
181 876
-
health
2 982
-
16 369
-
social contributions
8 283
-
27 755
-
total
11 265
-
44 124
-
Corporate
181 605
226 000
-
-
income
34 505
42 940
-
-
total
34 505
42 940
-
-
Dividends
147 100
183 060
-
-
withholding
22 065
27 459
-
-
total
22 065
27 459
-
-
Income
226 000
226 000
226 000
226 000
Total tax
78 437
70 399
101 145
91 033
After tax
147 563
155 601
124 855
134 967
Living cost
22 529
22 529
22 529
22 529
Free-cash
125 034
133 072
102 326
112 438

Estimated living cost  is ₽22529 per week

₽15649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64620
₽82494
₽72271
₽77782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
regional
-
-
-
2 967
social contributions
-
-
-
45 173
municipal
-
-
-
1 447
national
-
-
-
66 057
total
-
-
-
115 644
Employee
80 214
-
226 000
-
municipal
425
-
1 334
-
social contributions
27 048
-
59 223
-
regional
757
-
2 722
-
national
13 899
-
60 016
-
total
42 129
-
123 295
-
Employer
80 214
-
226 000
-
total
-
-
-
-
Corporate
145 786
226 000
-
-
nationa
34 989
54 241
-
-
municipal
5 686
8 814
-
-
total
40 675
63 055
-
-
Dividends
105 110
162 945
-
-
withholding
27 329
42 366
-
-
total
27 329
42 366
-
-
Income
226 000
226 000
226 000
226 000
Total tax
110 133
105 421
123 295
115 644
After tax
115 867
120 579
102 705
110 356
Living cost
38 085
38 085
38 085
38 085
Free-cash
77 782
82 494
64 620
72 271

Estimated living cost  is ₽38085 per week

₽26548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽80625
₽122237
₽86145
₽119428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
74 242
pensions
-
-
-
24 092
other
-
-
-
-
unemployment
-
-
-
206
health
-
-
-
8 552
surtax
-
-
-
12 846
total
-
-
-
119 938
Employee
29 847
-
200 644
-
unemployment
2 078
-
8 384
-
surtax
98
-
11 767
-
pensions
1 990
-
8 035
-
health
762
-
3 071
-
other
-
-
-
-
income
5 003
-
68 845
-
total
9 931
-
100 102
-
Employer
29 847
-
200 644
-
other
-
-
-
-
health
1 358
-
5 481
-
unemployment
945
-
3 818
-
pensions
3 979
-
16 057
-
total
6 282
-
25 356
-
Corporate
189 870
226 000
-
-
income
49 366
58 761
-
-
total
49 366
58 761
-
-
Dividends
140 504
167 239
-
-
withholding
21 076
25 085
-
-
total
21 076
25 085
-
-
Income
226 000
226 000
226 000
226 000
Total tax
86 655
83 846
125 458
119 938
After tax
139 345
142 154
100 542
106 062
Living cost
19 917
19 917
19 917
19 917
Free-cash
119 428
122 237
80 625
86 145

Estimated living cost  is ₽19917 per week

₽12178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83276
₽99287
₽103368
₽105294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
71 577
pensions
-
-
-
9 499
total
-
-
-
81 076
Employee
57 677
-
196 815
-
pensions
4 895
-
11 202
-
health
837
-
2 598
-
income
10 388
-
58 183
-
total
16 120
-
71 983
-
Employer
57 677
-
196 815
-
health
1 096
-
3 740
-
pensions
6 244
-
25 445
-
total
7 340
-
29 185
-
Corporate
160 984
226 000
-
-
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.

30 587
42 940
-
-
total
30 587
42 940
-
-
Dividends
130 397
183 060
-
-
withholding
25 103
42 217
-
-
total
25 103
42 217
-
-
Income
226 000
226 000
226 000
226 000
Total tax
79 150
85 157
101 168
81 076
After tax
146 850
140 843
124 832
144 924
Living cost
41 556
41 556
41 556
41 556
Free-cash
105 294
99 287
83 276
103 368

Estimated living cost  is ₽41556 per week

₽31134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽98250
₽30751
₽105776
₽61812
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
regional
-
-
-
13 010
pensions
-
-
-
20 792
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.

-
-
-
4 519
city
-
-
-
2 383
health
-
-
-
509
national
-
-
-
6 420
total
-
-
-
47 633
Employee
84 950
-
203 724
-
city
912
-
2 207
-
unemployment
-
-
-
-
pensions
7 137
-
15 503
-
regional
2 782
-
11 656
-
health
192
-
459
-
national
402
-
5 298
-
total
11 425
-
35 123
-
Employer
84 950
-
203 724
-
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.

1 698
-
4 074
-
health
192
-
459
-
unemployment
-
-
-
-
pensions
7 137
-
15 503
-
total
9 027
-
20 036
-
Corporate
131 088
226 000
-
-
national
11 142
19 211
-
-
regional
27 726
47 800
-
-
total
38 868
67 011
-
-
Dividends
92 221
158 989
-
-
withholding
32 277
55 647
-
-
total
32 277
55 647
-
-
Income
226 000
226 000
226 000
226 000
Total tax
91 597
122 658
55 159
47 633
After tax
134 403
103 342
170 841
178 367
Living cost
72 591
72 591
72 591
72 591
Free-cash
61 812
30 751
98 250
105 776

Estimated living cost  is ₽72591 per week

₽47205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽891
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽17980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽96945
₽70205
₽65383
₽84841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 000
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.

-
-
-
77 291
trade
-
-
-
31 562
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.

-
-
-
6 166
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.

-
-
-
4 251
total
-
-
-
119 270
Employee

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

54 243
-
226 000
-
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.

351
-
4 251
-
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.

6 166
-
6 166
-
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.

6 378
-
77 291
-
total
12 895
-
87 708
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 757
226 000
-
-
income
25 764
33 899
-
-
trade
29 456
38 759
-
-
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.

1 416
1 865
-
-
chamber of commerce
379
456
-
-
total
57 015
74 979
-
-
Dividends
114 742
151 021
-
-
withholding
28 343
37 412
-
-
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.

1 559
2 057
-
-
total
29 902
39 469
-
-
Income
226 000
226 000
226 000
226 000
Total tax
99 812
114 448
87 708
119 270
After tax
126 188
111 552
138 292
106 730
Living cost
41 347
41 347
41 347
41 347
Free-cash
84 841
70 205
96 945
65 383

Estimated living cost  is ₽41347 per week

₽30198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7305
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82726
₽83025
₽90802
₽88354
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
45 316
pensions
-
-
-
33 910
social contributions
-
-
-
6 438
other
-
-
-
7 005
health
-
-
-
11 649
surtax
-
-
-
-
total
-
-
-
104 318
Employee
38 628
-
171 381
-
surtax
-
-
-
-
pensions
4 368
-
13 380
-
social contributions
1 101
-
4 883
-
income
2 280
-
39 515
-
total
7 749
-
57 778
-
Employer
38 628
-
171 381
-
other
1 333
-
7 309
-
health
2 704
-
17 590
-
unemployment
1 564
-
6 940
-
social contributions
116
-
514
-
pensions
6 346
-
22 263
-
total
12 063
-
54 616
-
Corporate
175 308
226 000
-
-
income
49 087
63 281
-
-
surtax
-
-
-
-
total
49 087
63 281
-
-
Dividends
126 222
162 719
-
-
withholding
16 157
20 827
-
-
surtax
-
-
-
-
social contributions
21 710
27 987
-
-
total
37 867
48 814
-
-
Income
226 000
226 000
226 000
226 000
Total tax
106 766
112 095
112 394
104 318
After tax
119 234
113 905
113 606
121 682
Living cost
30 880
30 880
30 880
30 880
Free-cash
88 354
83 025
82 726
90 802

Estimated living cost  is ₽30880 per week

₽19471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2511
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.
₽8374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85786
₽86085
₽93862
₽91099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
45 316
pensions
-
-
-
33 910
social contributions
-
-
-
6 438
other
-
-
-
7 005
health
-
-
-
11 649
surtax
-
-
-
-
total
-
-
-
104 318
Employee
34 481
-
171 381
-
surtax
-
-
-
-
pensions
3 900
-
13 380
-
social contributions
983
-
4 883
-
income
1 778
-
39 515
-
total
6 661
-
57 778
-
Employer
34 481
-
171 381
-
other
1 190
-
7 309
-
health
2 413
-
17 590
-
unemployment
1 396
-
6 940
-
social contributions
103
-
514
-
pensions
5 666
-
22 263
-
total
10 768
-
54 616
-
Corporate
180 750
226 000
-
-
income
50 609
63 281
-
-
surtax
-
-
-
-
total
50 609
63 281
-
-
Dividends
130 141
162 719
-
-
withholding
16 659
20 827
-
-
surtax
-
-
-
-
social contributions
22 384
27 987
-
-
total
39 043
48 814
-
-
Income
226 000
226 000
226 000
226 000
Total tax
107 081
112 095
112 394
104 318
After tax
118 919
113 905
113 606
121 682
Living cost
27 820
27 820
27 820
27 820
Free-cash
91 099
86 085
85 786
93 862

Estimated living cost  is ₽27820 per week

₽16134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119368
₽118740
₽125999
₽119209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
33 899
social contributions
-
-
-
31 188
health
-
-
-
15 775
total
-
-
-
80 862
Employee
30 602
-
226 000
-
social contributions
4 224
-
31 188
-
health
2 136
-
15 775
-
income
5 104
-
40 530
-
total
11 464
-
87 493
-
Employer
30 602
-
226 000
-
total
-
-
-
-
Corporate
195 398
226 000
-
-
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%.

9 770
11 299
-
-
total
9 770
11 299
-
-
Dividends
185 628
214 701
-
-
withholding
27 845
32 206
-
-
health
12 957
14 987
-
-
social contributions
25 616
29 629
-
-
total
66 418
76 822
-
-
Income
226 000
226 000
226 000
226 000
Total tax
87 652
88 121
87 493
80 862
After tax
138 348
137 879
138 507
145 138
Living cost
19 139
19 139
19 139
19 139
Free-cash
119 209
118 740
119 368
125 999

Estimated living cost  is ₽19139 per week

₽12808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26882
₽92603
₽83600
₽91208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
76 406
pensions
-
-
-
19 507
unemployment
-
-
-
5 536
health
-
-
-
8 066
chamber of commerce
-
-
-
904
surtax
-
-
-
178
total
-
-
-
110 597
Employee
45 106
35 969
189 350
-
unemployment
1 353
1 079
3 164
-
pensions
4 619
3 682
10 797
-
health
1 745
1 392
4 080
-
other
450
360
1 055
-
income
5 135
2 653
65 088
-
total
13 302
9 166
84 184
-
Employer
45 106
35 969
189 350
-
surtax
178
178
178
-
accident
586
468
1 370
-
other
2 143
1 708
8 280
-
health
1 704
1 360
3 986
-
unemployment
1 353
1 079
3 164
-
chamber of commerce
180
144
757
-
payroll
1 353
1 079
5 681
-
pensions
5 661
4 515
13 233
-
total
13 158
10 531
36 649
-
Corporate
167 736
179 501
185 926
-
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.

41 934
44 875
46 482
-
total
41 934
44 875
46 482
-
Dividends
125 802
134 626
-
-
withholding
34 595
37 022
-
-
total
34 595
37 022
-
-
Income
226 000
226 000
226 000
226 000
Total tax
102 989
101 594
167 315
110 597
After tax
123 011
124 406
58 685
115 403
Living cost
31 803
31 803
31 803
31 803
Free-cash
91 208
92 603
26 882
83 600

Estimated living cost  is ₽31803 per week

₽21211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2713
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.
₽7356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42919
₽89830
₽65505
₽79811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
communal

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

-
-
-
12 210
social contributions
-
-
-
22 502
national
-
-
-
92 874
total
-
-
-
127 586
Employee

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

64 561
-
175 041
-
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.

562
-
1 523
-
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.

4 842
-
13 129
-
communal

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

3 367
-
9 129
-
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.

3 033
-
8 227
-
national
19 849
-
67 208
-
total
31 653
-
99 216
-
Employer

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

64 561
-
175 041
-
surtax
7 320
-
19 851
-
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.

839
-
2 276
-
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.

3 970
-
10 765
-
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.

942
-
2 555
-
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.

5 721
-
15 509
-
total
18 792
-
50 956
-
Corporate
142 646
226 000
-
-
income
28 530
50 125
-
-
surtax
570
1 002
-
-
total
29 100
51 127
-
-
Dividends
113 546
174 873
-
-
withholding

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

33 735
52 134
-
-
total
33 735
52 134
-
-
Income
226 000
226 000
226 000
226 000
Total tax
113 280
103 261
150 172
127 586
After tax
112 720
122 739
75 828
98 414
Living cost
32 909
32 909
32 909
32 909
Free-cash
79 811
89 830
42 919
65 505

Estimated living cost  is ₽32909 per week

₽21197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89697
₽117241
₽93485
₽111056
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
74 822
pensions
-
-
-
23 674
other
-
-
-
84
unemployment
-
-
-
586
accident
-
-
-
754
total
-
-
-
99 920
Employee
44 927
-
199 330
-
unemployment
697
-
1 297
-
pensions
2 112
-
3 933
-
other
45
-
84
-
income
9 479
-
71 724
-
total
12 333
-
77 038
-
Employer
44 927
-
199 330
-
accident
889
-
1 656
-
other
358
-
670
-
unemployment
2 472
-
4 601
-
pensions
10 602
-
19 743
-
total
14 321
-
26 670
-
Corporate
166 752
226 000
-
-
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.

25 014
33 899
-
-
total
25 014
33 899
-
-
Dividends
141 738
192 101
-
-
withholding
30 681
42 265
-
-
total
30 681
42 265
-
-
Income
226 000
226 000
226 000
226 000
Total tax
82 349
76 164
103 708
99 920
After tax
143 651
149 836
122 292
126 080
Living cost
32 595
32 595
32 595
32 595
Free-cash
111 056
117 241
89 697
93 485

Estimated living cost  is ₽32595 per week

₽24003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64140
₽76926
₽56664
₽64512
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
45 691
communal
-
-
-
14 283
pensions
-
-
-
32 075
accident
-
-
-
1 804
health
-
-
-
15 037
surtax
-
-
-
11 397
total
-
-
-
120 287
Employee
68 350
-
201 875
-
surtax
4 189
-
12 371
-
pensions
5 467
-
16 150
-
health
3 042
-
8 984
-
income
6 602
-
51 182
-
total
19 300
-
88 687
-
Employer
68 350
-
201 875
-
accident
615
-
1 817
-
health
2 084
-
6 157
-
pensions
5 467
-
16 150
-
total
8 166
-
24 124
-
Corporate
149 483
226 000
-
-
income
22 422
33 899
-
-
surtax
1 569
2 372
-
-
communal
10 090
15 256
-
-
total
34 081
51 527
-
-
Dividends
115 402
174 473
-
-
income
33 581
22 327
-
-
withholding
17 311
26 171
-
-
total
50 892
48 498
-
-
Income
226 000
226 000
226 000
226 000
Total tax
112 439
100 025
112 811
120 287
After tax
113 561
125 975
113 189
105 713
Living cost
49 049
49 049
49 049
49 049
Free-cash
64 512
76 926
64 140
56 664

Estimated living cost  is ₽49049 per week

₽36794
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80269
₽121881
₽85789
₽119011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
74 242
pensions
-
-
-
24 092
other
-
-
-
-
unemployment
-
-
-
206
health
-
-
-
8 552
surtax
-
-
-
12 846
total
-
-
-
119 938
Employee
30 395
-
200 644
-
unemployment
2 115
-
8 384
-
surtax
108
-
11 767
-
pensions
2 028
-
8 035
-
health
776
-
3 071
-
other
-
-
-
-
income
5 096
-
68 845
-
total
10 123
-
100 102
-
Employer
30 395
-
200 644
-
other
-
-
-
-
health
1 382
-
5 481
-
unemployment
964
-
3 818
-
pensions
4 052
-
16 057
-
total
6 398
-
25 356
-
Corporate
189 206
226 000
-
-
income
49 193
58 761
-
-
total
49 193
58 761
-
-
Dividends
140 013
167 239
-
-
withholding
21 002
25 085
-
-
total
21 002
25 085
-
-
Income
226 000
226 000
226 000
226 000
Total tax
86 716
83 846
125 458
119 938
After tax
139 284
142 154
100 542
106 062
Living cost
20 273
20 273
20 273
20 273
Free-cash
119 011
121 881
80 269
85 789

Estimated living cost  is ₽20273 per week

₽12240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1762
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77729
₽94477
₽85339
₽92473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
regional
-
-
-
3 671
social contributions
-
-
-
45 173
municipal
-
-
-
1 447
national
-
-
-
66 057
total
-
-
-
116 348
Employee
50 067
-
226 000
-
municipal
265
-
1 334
-
social contributions
16 883
-
59 223
-
regional
674
-
3 385
-
national
7 932
-
60 016
-
total
25 754
-
123 958
-
Employer
50 067
-
226 000
-
total
-
-
-
-
Corporate
175 933
226 000
-
-
nationa
42 224
54 241
-
-
municipal
8 744
11 232
-
-
total
50 968
65 473
-
-
Dividends
124 966
160 527
-
-
withholding
32 492
41 737
-
-
total
32 492
41 737
-
-
Income
226 000
226 000
226 000
226 000
Total tax
109 214
107 210
123 958
116 348
After tax
116 786
118 790
102 042
109 652
Living cost
24 313
24 313
24 313
24 313
Free-cash
92 473
94 477
77 729
85 339

Estimated living cost  is ₽24313 per week

₽15120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97094
₽127840
₽107206
₽117937
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
24 461
solidarity contribution
-
-
-
3 644
social contributions
-
-
-
32 418
health
-
-
-
30 510
total
-
-
-
91 033
Employee
40 825
-
181 876
-
social contributions
2 654
-
7 216
-
solidarity contribution
-
-
2 736
-
health
5 511
-
24 553
-
income
4 899
-
22 516
-
total
13 064
-
57 021
-
Employer
40 825
-
181 876
-
health
3 674
-
16 369
-
social contributions
10 206
-
27 755
-
total
13 880
-
44 124
-
Corporate
171 294
226 000
-
-
income
32 546
42 940
-
-
total
32 546
42 940
-
-
Dividends
138 748
183 060
-
-
withholding
20 812
27 459
-
-
total
20 812
27 459
-
-
Income
226 000
226 000
226 000
226 000
Total tax
80 302
70 399
101 145
91 033
After tax
145 698
155 601
124 855
134 967
Living cost
27 761
27 761
27 761
27 761
Free-cash
117 937
127 840
97 094
107 206

Estimated living cost  is ₽27761 per week

₽20645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29931
₽95706
₽86786
₽95259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
76 406
pensions
-
-
-
19 507
unemployment
-
-
-
5 536
health
-
-
-
8 066
chamber of commerce
-
-
-
904
surtax
-
-
-
-
total
-
-
-
110 419
Employee
39 454
35 969
189 518
-
unemployment
1 184
1 079
3 164
-
pensions
4 040
3 682
10 797
-
health
1 526
1 392
4 080
-
other
394
360
1 055
-
income
3 515
2 653
65 172
-
total
10 659
9 166
84 268
-
Employer
39 454
35 969
189 518
-
surtax
-
-
-
-
accident
512
468
1 370
-
other
1 874
1 708
8 286
-
health
1 492
1 360
3 986
-
unemployment
1 184
1 079
3 164
-
chamber of commerce
158
144
759
-
payroll
1 184
1 079
5 685
-
pensions
4 952
4 515
13 233
-
total
11 356
10 353
36 483
-
Corporate
175 192
179 679
186 092
-
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.

43 798
44 920
46 523
-
total
43 798
44 920
46 523
-
Dividends
131 395
134 760
-
-
withholding
36 133
37 060
-
-
total
36 133
37 060
-
-
Income
226 000
226 000
226 000
226 000
Total tax
101 946
101 499
167 274
110 419
After tax
124 054
124 501
58 726
115 581
Living cost
28 795
28 795
28 795
28 795
Free-cash
95 259
95 706
29 931
86 786

Estimated living cost  is ₽28795 per week

₽17273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168742
₽202642
₽211682
₽200381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
226 000
microenterprise

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

-
-
-
2 260
total
-
-
-
2 260
Employee
15 072
-
226 000
-
income
3 015
-
45 200
-
total
3 015
-
45 200
-
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%.

210 928
226 000
-
-
total
-
-
-
-
Dividends
210 928
226 000
-
-
withholding
10 546
11 300
-
-
total
10 546
11 300
-
-
Income
226 000
226 000
226 000
226 000
Total tax
13 561
11 300
45 200
2 260
After tax
212 439
214 700
180 800
223 740
Living cost
12 058
12 058
12 058
12 058
Free-cash
200 381
202 642
168 742
211 682

Estimated living cost  is ₽12058 per week

₽8160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73386
₽131392
₽78293
₽123840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 000
income
-
-
-
59 647
pensions
-
-
-
41 273
unemployment
-
-
-
339
health
-
-
-
22 239
total
-
-
-
123 498
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.

39 912
-
195 552
-
unemployment
57
-
274
-
pensions
6 187
-
30 311
-
health
2 578
-
12 632
-
income
6 883
-
54 740
-
total
15 705
-
97 957
-
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.

39 912
-
195 552
-
health
2 658
-
13 024
-
unemployment
24
-
118
-
pensions
3 532
-
17 306
-
total
6 214
-
30 448
-
Corporate
179 874
226 000
-
-
income
34 177
42 940
-
-
total
34 177
42 940
-
-
Dividends
145 697
183 060
-
-
withholding
21 855
27 459
-
-
total
21 855
27 459
-
-
Income
226 000
226 000
226 000
226 000
Total tax
77 951
70 399
128 405
123 498
After tax
148 049
155 601
97 595
102 502
Living cost
24 209
24 209
24 209
24 209
Free-cash
123 840
131 392
73 386
78 293

Estimated living cost  is ₽24209 per week

₽16614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽172989
₽96873
₽115559
₽52088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
44 052
social contributions
-
-
-
25 764
total
-
-
-
69 816
Employee
58 250
-
-
-
social contributions
4 777
-
681
-
income
12 849
-
-
-
total
17 626
-
681
-
Employer
58 250
-
-
-
social contributions
82 133
-
11 705
-
total
82 133
-
11 705
-
Corporate
85 617
226 000
-
-
income
18 836
49 720
-
-
total
18 836
49 720
-
-
Dividends
66 781
176 280
-
-
income
14 692
38 782
-
-
total
14 692
38 782
-
-
Income
226 000
226 000
226 000
226 000
Total tax
133 287
88 502
12 386
69 816
After tax
92 713
137 498
213 614
156 184
Living cost
40 625
40 625
40 625
40 625
Free-cash
52 088
96 873
172 989
115 559

Estimated living cost  is ₽40625 per week

₽26359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69918
₽100238
₽88422
₽99330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 000
income
-
-
-
30 732
social contributions

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

-
-
-
78 535
surtax
-
-
-
-
total
-
-
-
109 267
Employee
41 511
-
182 625
-
surtax
-
-
637
-
social contributions
4 566
-
20 089
-
income
8 634
-
63 672
-
total
13 200
-
84 398
-
Employer
41 511
-
182 625
-
social contributions
9 859
-
43 373
-
total
9 859
-
43 373
-
Corporate
174 630
226 000
-
-
income
36 672
47 460
-
-
surtax
-
-
-
-
total
36 672
47 460
-
-
Dividends
137 958
178 540
-
-
withholding
38 628
49 991
-
-
total
38 628
49 991
-
-
Income
226 000
226 000
226 000
226 000
Total tax
98 359
97 451
127 771
109 267
After tax
127 641
128 549
98 229
116 733
Living cost
28 311
28 311
28 311
28 311
Free-cash
99 330
100 238
69 918
88 422

Estimated living cost  is ₽28311 per week

₽21182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70013
₽70312
₽78089
₽76515
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
45 316
pensions
-
-
-
33 910
social contributions
-
-
-
6 438
other
-
-
-
7 005
health
-
-
-
11 649
surtax
-
-
-
-
total
-
-
-
104 318
Employee
56 529
-
171 381
-
surtax
-
-
-
-
pensions
6 394
-
13 380
-
social contributions
1 610
-
4 883
-
income
4 932
-
39 515
-
total
12 936
-
57 778
-
Employer
56 529
-
171 381
-
other
1 951
-
7 309
-
health
3 957
-
17 590
-
unemployment
2 290
-
6 940
-
social contributions
170
-
514
-
pensions
9 288
-
22 263
-
total
17 656
-
54 616
-
Corporate
151 815
226 000
-
-
income
42 508
63 281
-
-
surtax
-
-
-
-
total
42 508
63 281
-
-
Dividends
109 307
162 719
-
-
withholding
13 992
20 827
-
-
surtax
-
-
-
-
social contributions
18 800
27 987
-
-
total
32 792
48 814
-
-
Income
226 000
226 000
226 000
226 000
Total tax
105 892
112 095
112 394
104 318
After tax
120 108
113 905
113 606
121 682
Living cost
43 593
43 593
43 593
43 593
Free-cash
76 515
70 312
70 013
78 089

Estimated living cost  is ₽43593 per week

₽29503
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143009
₽176269
₽137002
₽173237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
12 147
social contributions
-
-
-
49 720
total
-
-
-
61 867
Employee
29 017
-
195 670
-
income
-
-
12 815
-
social contributions
1 886
-
12 717
-
total
1 886
-
25 532
-
Employer
29 017
-
195 670
-
social contributions
4 498
-
30 328
-
total
4 498
-
30 328
-
Corporate
192 486
226 000
-
-
income
19 248
22 600
-
-
total
19 248
22 600
-
-
Dividends
173 237
203 400
-
-
total
-
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
25 632
22 600
55 860
61 867
After tax
200 368
203 400
170 140
164 133
Living cost
27 131
27 131
27 131
27 131
Free-cash
173 237
176 269
143 009
137 002

Estimated living cost  is ₽27131 per week

₽17542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29716
₽29716
₽86014
₽15299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
pensions
-
-
-
781
labour market
-
-
-
18 017
municipal
-
-
-
49 076
national
-
-
-
28 725
total
-
-
-
96 599
Employee
183 125
183 125
183 125
-
municipal
38 996
38 996
38 996
-
labour market
14 629
14 629
14 629
-
pensions
260
260
260
-
national
22 372
22 372
22 372
-
total
76 257
76 257
76 257
-
Employer
183 125
183 125
183 125
-
municipal
39 058
39 058
39 058
-
national
22 411
22 411
22 411
-
labour market
14 650
14 650
14 650
-
pensions
521
521
521
-
total
76 640
76 640
76 640
-
Corporate
29 717
-
-
-
income
6 538
-
-
-
total
6 538
-
-
-
Dividends
23 179
-
-
-
withholding
7 879
-
-
-
total
7 879
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
167 314
152 897
152 897
96 599
After tax
58 686
73 103
73 103
129 401
Living cost
43 387
43 387
43 387
43 387
Free-cash
15 299
29 716
29 716
86 014

Estimated living cost  is ₽43387 per week

₽29694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽667
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105460
-₽1327
₽134622
₽15293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
65 436
pensions
-
-
-
3 769
other
-
-
-
336
accident
-
-
-
229
health
-
-
-
1 975
total
-
-
-
71 745
Employee
30 885
-
207 473
-
pensions
3 478
-
6 911
-
health
3 537
-
23 756
-
income
4 237
-
51 713
-
total
11 252
-
82 380
-
Employer
30 885
-
207 473
-
accident
516
-
3 465
-
unemployment
757
-
5 083
-
pensions
5 022
-
9 979
-
total
6 295
-
18 527
-
Corporate
188 821
226 000
-
-
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.

169 939
203 400
-
-
total
169 939
203 400
-
-
Dividends
18 882
22 600
-
-
withholding
3 588
4 294
-
-
total
3 588
4 294
-
-
Income
226 000
226 000
226 000
226 000
Total tax
191 074
207 694
100 907
71 745
After tax
34 926
18 306
125 093
154 255
Living cost
19 633
19 633
19 633
19 633
Free-cash
15 293
-1 327
105 460
134 622

Estimated living cost  is ₽19633 per week

₽14291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75489
₽102276
₽101378
₽105589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
226 000
health
-
-
-
3 104
municipal
-
-
-
40 122
national
-
-
-
46 744
total
-
-
-
89 970
Employee
47 486
-
190 122
-
unemployment
713
-
2 852
-
municipal
7 778
-
30 940
-
pensions
3 205
-
12 834
-
health
355
-
2 550
-
national
784
-
30 805
-
total
12 835
-
79 981
-
Employer
47 486
-
190 122
-
accident
48
-
190
-
health
365
-
1 464
-
unemployment
308
-
1 237
-
pensions
8 239
-
32 987
-
total
8 960
-
35 878
-
Corporate
169 555
226 000
-
-
income
33 911
45 200
-
-
total
33 911
45 200
-
-
Dividends

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

101 732
135 600
-
-
municipal
18 311
24 407
-
-
national
11 742
19 465
-
-
total
30 053
43 872
-
-
Income
226 000
226 000
226 000
226 000
Total tax
85 759
89 072
115 859
89 970
After tax
140 241
136 928
110 141
136 030
Living cost
34 652
34 652
34 652
34 652
Free-cash
105 589
102 276
75 489
101 378

Estimated living cost  is ₽34652 per week

₽22634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128412
₽143754
₽130218
₽138842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
54 518
social contributions
-
-
-
14 603
health
-
-
-
5 764
total
-
-
-
74 885
Employee
69 403
69 403
214 267
-
social contributions
2 624
5 760
7 769
-
health
538
1 180
3 643
-
income
7 557
6 425
53 547
-
total
10 719
13 365
64 959
-
Employer
69 403
69 403
214 267
-
health
584
1 285
3 963
-
social contributions
2 624
5 760
7 769
-
total
3 208
7 045
11 732
-
Corporate
191 176
149 552
-
-
income
23 897
18 693
-
-
total
23 897
18 693
-
-
Dividends
167 280
130 859
-
-
withholding
28 437
22 246
-
-
total
28 437
22 246
-
-
Income
226 000
226 000
226 000
226 000
Total tax
66 261
61 349
76 691
74 885
After tax
159 739
164 651
149 309
151 115
Living cost
20 897
20 897
20 897
20 897
Free-cash
138 842
143 754
128 412
130 218

Estimated living cost  is ₽20897 per week

₽12524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160986
₽172821
₽179089
₽168228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
226 000
income
-
-
-
23 548
pensions
-
-
-
5 741
unemployment
-
-
-
26
health
-
-
-
3 266
total
-
-
-
32 581
Employee

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

20 717
-
217 179
-
unemployment
103
-
428
-
pensions
3 107
-
12 846
-
health
1 761
-
7 279
-
income
1 416
-
21 311
-
total
6 387
-
41 864
-
Employer

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

20 717
-
217 179
-
health
891
-
3 682
-
unemployment
103
-
428
-
pensions
1 139
-
4 710
-
total
2 133
-
8 820
-
Corporate
203 151
226 000
-
-
income
18 284
20 339
-
-
total
18 284
20 339
-
-
Dividends
184 867
205 661
-
-
withholding
16 638
18 510
-
-
total
16 638
18 510
-
-
Income
226 000
226 000
226 000
226 000
Total tax
43 442
38 849
50 684
32 581
After tax
182 558
187 151
175 316
193 419
Living cost
14 330
14 330
14 330
14 330
Free-cash
168 228
172 821
160 986
179 089

Estimated living cost  is ₽14330 per week

₽9143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97473
₽125017
₽101261
₽121031
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
74 822
pensions
-
-
-
23 674
other
-
-
-
84
unemployment
-
-
-
586
accident
-
-
-
754
total
-
-
-
99 920
Employee
33 373
-
199 330
-
unemployment
517
-
1 297
-
pensions
1 569
-
3 933
-
other
33
-
84
-
income
6 434
-
71 724
-
total
8 553
-
77 038
-
Employer
33 373
-
199 330
-
accident
661
-
1 656
-
other
267
-
670
-
unemployment
1 836
-
4 601
-
pensions
7 875
-
19 743
-
total
10 639
-
26 670
-
Corporate
181 987
226 000
-
-
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.

27 298
33 899
-
-
total
27 298
33 899
-
-
Dividends
154 689
192 101
-
-
withholding
33 660
42 265
-
-
total
33 660
42 265
-
-
Income
226 000
226 000
226 000
226 000
Total tax
80 150
76 164
103 708
99 920
After tax
145 850
149 836
122 292
126 080
Living cost
24 819
24 819
24 819
24 819
Free-cash
121 031
125 017
97 473
101 261

Estimated living cost  is ₽24819 per week

₽16753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2386
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144229
₽139414
₽144344
₽139149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
78 019
pensions
-
-
-
1 175
health
-
-
-
852
total
-
-
-
80 046
Employee
2 453
-
224 679
-
unemployment
25
-
59
-
pensions
221
-
529
-
health
123
-
294
-
income
474
-
77 958
-
total
843
-
78 840
-
Employer
2 453
-
224 679
-
health
233
-
558
-
unemployment
49
-
117
-
pensions
270
-
646
-
total
552
-
1 321
-
Corporate
222 995
226 000
-
-
income
49 059
49 720
-
-
total
49 059
49 720
-
-
Dividends
173 936
176 280
-
-
withholding
34 787
35 256
-
-
total
34 787
35 256
-
-
Income
226 000
226 000
226 000
226 000
Total tax
85 241
84 976
80 161
80 046
After tax
140 759
141 024
145 839
145 954
Living cost
1 610
1 610
1 610
1 610
Free-cash
139 149
139 414
144 229
144 344

Estimated living cost  is ₽1610 per week

₽957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽37
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132500
₽147698
₽132500
₽143265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 000
income
-
-
-
52 735
pensions
-
-
-
17 318
unemployment
-
-
-
999
health
-
-
-
6 861
total
-
-
-
77 913
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.

23 504
-
214 077
-
unemployment
176
-
500
-
pensions
3 291
-
9 325
-
health
1 210
-
3 430
-
income
3 240
-
52 735
-
total
7 917
-
65 990
-
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.

23 504
-
214 077
-
health
1 210
-
3 430
-
unemployment
176
-
500
-
pensions
2 820
-
7 993
-
total
4 206
-
11 923
-
Corporate
198 289
226 000
-
-
income
29 743
33 900
-
-
total
29 743
33 900
-
-
Dividends
168 546
192 100
-
-
withholding
25 282
28 815
-
-
total
25 282
28 815
-
-
Income
226 000
226 000
226 000
226 000
Total tax
67 148
62 715
77 913
77 913
After tax
158 852
163 285
148 087
148 087
Living cost
15 587
15 587
15 587
15 587
Free-cash
143 265
147 698
132 500
132 500

Estimated living cost  is ₽15587 per week

₽10495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73897
₽104216
₽92401
₽103890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 000
income
-
-
-
30 732
social contributions

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

-
-
-
78 535
surtax
-
-
-
-
total
-
-
-
109 267
Employee
35 031
-
182 625
-
surtax
-
-
637
-
social contributions
3 854
-
20 089
-
income
6 845
-
63 672
-
total
10 699
-
84 398
-
Employer
35 031
-
182 625
-
social contributions
8 319
-
43 373
-
total
8 319
-
43 373
-
Corporate
182 650
226 000
-
-
income
38 356
47 460
-
-
surtax
-
-
-
-
total
38 356
47 460
-
-
Dividends
144 294
178 540
-
-
withholding
40 403
49 991
-
-
total
40 403
49 991
-
-
Income
226 000
226 000
226 000
226 000
Total tax
97 777
97 451
127 771
109 267
After tax
128 223
128 549
98 229
116 733
Living cost
24 332
24 332
24 332
24 332
Free-cash
103 890
104 216
73 897
92 401

Estimated living cost  is ₽24332 per week

₽17234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90572
₽118116
₽94360
₽112211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
74 822
pensions
-
-
-
23 674
other
-
-
-
84
unemployment
-
-
-
586
accident
-
-
-
754
total
-
-
-
99 920
Employee
43 590
-
199 330
-
unemployment
675
-
1 297
-
pensions
2 048
-
3 933
-
other
43
-
84
-
income
9 104
-
71 724
-
total
11 870
-
77 038
-
Employer
43 590
-
199 330
-
accident
863
-
1 656
-
other
349
-
670
-
unemployment
2 398
-
4 601
-
pensions
10 287
-
19 743
-
total
13 897
-
26 670
-
Corporate
168 513
226 000
-
-
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.

25 277
33 899
-
-
total
25 277
33 899
-
-
Dividends
143 235
192 101
-
-
withholding
31 025
42 265
-
-
total
31 025
42 265
-
-
Income
226 000
226 000
226 000
226 000
Total tax
82 069
76 164
103 708
99 920
After tax
143 931
149 836
122 292
126 080
Living cost
31 720
31 720
31 720
31 720
Free-cash
112 211
118 116
90 572
94 360

Estimated living cost  is ₽31720 per week

₽22780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177382
₽177487
₽167822
₽171910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
33 900
pensions

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

-
-
-
4 731
unemployment
-
-
-
128
health
-
-
-
3 676
total
-
-
-
42 435
Employee
20 846
-
219 728
-
pensions

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

1 830
-
2 807
-
health
959
-
1 470
-
accident

We are using the highest rate at 1.1%.

229
-
352
-
income
2 085
-
21 973
-
total
5 103
-
26 602
-
Employer
20 846
-
219 728
-
accident

We are using the highest rate at 1.1%.

229
-
352
-
health
1 439
-
2 206
-
unemployment
125
-
192
-
pensions

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

2 297
-
3 523
-
total
4 090
-
6 273
-
Corporate
201 064
226 000
-
-
income
20 106
22 600
-
-
total
20 106
22 600
-
-
Dividends
180 957
203 400
-
-
withholding
9 048
10 170
-
-
total
9 048
10 170
-
-
Income
226 000
226 000
226 000
226 000
Total tax
38 347
32 770
32 875
42 435
After tax
187 653
193 230
193 125
183 565
Living cost
15 743
15 743
15 743
15 743
Free-cash
171 910
177 487
177 382
167 822

Estimated living cost  is ₽15743 per week

₽10412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103446
₽81354
₽77037
₽93162
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 000
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.

-
-
-
77 291
trade
-
-
-
26 409
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.

-
-
-
6 166
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.

-
-
-
4 251
total
-
-
-
114 117
Employee

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

44 908
-
226 000
-
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.

204
-
4 251
-
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.

6 166
-
6 166
-
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.

3 693
-
77 291
-
total
10 063
-
87 708
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 092
226 000
-
-
income
27 163
33 899
-
-
trade
25 986
32 432
-
-
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.

1 494
1 865
-
-
chamber of commerce
403
468
-
-
total
55 046
68 664
-
-
Dividends
126 046
157 336
-
-
withholding
31 169
38 992
-
-
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.

1 714
2 144
-
-
total
32 883
41 136
-
-
Income
226 000
226 000
226 000
226 000
Total tax
97 992
109 800
87 708
114 117
After tax
128 008
116 200
138 292
111 883
Living cost
34 846
34 846
34 846
34 846
Free-cash
93 162
81 354
103 446
77 037

Estimated living cost  is ₽34846 per week

₽24037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽59847
₽106785
₽59847
₽108778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
75 481
social contributions
-
-
-
39 258
total
-
-
-
114 739
Employee
70 601
-
226 000
-
income
13 322
-
75 481
-
social contributions
5 865
-
39 258
-
total
19 187
-
114 739
-
Employer
70 601
-
226 000
-
total
-
-
-
-
Corporate
155 399
226 000
-
-
income
19 425
28 251
-
-
total
19 425
28 251
-
-
Dividends
135 975
197 749
-
-
withholding
27 196
39 550
-
-
total
27 196
39 550
-
-
Income
226 000
226 000
226 000
226 000
Total tax
65 808
67 801
114 739
114 739
After tax
160 192
158 199
111 261
111 261
Living cost
51 414
51 414
51 414
51 414
Free-cash
108 778
106 785
59 847
59 847

Estimated living cost  is ₽51414 per week

₽39115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4189
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.
₽7618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123838
₽109369
₽153689
₽112523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 000
income
-
-
-
33 899
health

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

-
-
-
5 649
total
-
-
-
39 548
Employee
41 404
-
221 848
-
income
4 493
-
61 095
-
social contributions
4 148
-
4 152
-
total
8 641
-
65 247
-
Employer
41 404
-
221 848
-
social contributions
4 148
-
4 152
-
total
4 148
-
4 152
-
Corporate
180 447
226 000
-
-
income
63 157
79 100
-
-
total
63 157
79 100
-
-
Dividends
117 290
146 900
-
-
social contributions
4 768
4 768
-
-
total
4 768
4 768
-
-
Income
226 000
226 000
226 000
226 000
Total tax
80 714
83 868
69 399
39 548
After tax
145 286
142 132
156 601
186 452
Living cost
32 763
32 763
32 763
32 763
Free-cash
112 523
109 369
123 838
153 689

Estimated living cost  is ₽32763 per week

₽21581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91048
₽107059
₽111140
₽112445
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
71 577
pensions
-
-
-
9 499
total
-
-
-
81 076
Employee
46 373
-
196 815
-
pensions
3 539
-
11 202
-
health
605
-
2 598
-
income
8 445
-
58 183
-
total
12 589
-
71 983
-
Employer
46 373
-
196 815
-
health
881
-
3 740
-
pensions
4 685
-
25 445
-
total
5 566
-
29 185
-
Corporate
174 061
226 000
-
-
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.

33 071
42 940
-
-
total
33 071
42 940
-
-
Dividends
140 990
183 060
-
-
withholding
28 545
42 217
-
-
total
28 545
42 217
-
-
Income
226 000
226 000
226 000
226 000
Total tax
79 771
85 157
101 168
81 076
After tax
146 229
140 843
124 832
144 924
Living cost
33 784
33 784
33 784
33 784
Free-cash
112 445
107 059
91 048
111 140

Estimated living cost  is ₽33784 per week

₽23175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3107
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽103516
-₽3271
₽132678
₽14996
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
65 436
pensions
-
-
-
3 769
other
-
-
-
336
accident
-
-
-
229
health
-
-
-
1 975
total
-
-
-
71 745
Employee
33 942
-
207 473
-
pensions
3 822
-
6 911
-
health
3 886
-
23 756
-
income
4 657
-
51 713
-
total
12 365
-
82 380
-
Employer
33 942
-
207 473
-
accident
567
-
3 465
-
unemployment
831
-
5 083
-
pensions
5 519
-
9 979
-
total
6 917
-
18 527
-
Corporate
185 141
226 000
-
-
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.

166 627
203 400
-
-
total
166 627
203 400
-
-
Dividends
18 514
22 600
-
-
withholding
3 518
4 294
-
-
total
3 518
4 294
-
-
Income
226 000
226 000
226 000
226 000
Total tax
189 427
207 694
100 907
71 745
After tax
36 573
18 306
125 093
154 255
Living cost
21 577
21 577
21 577
21 577
Free-cash
14 996
-3 271
103 516
132 678

Estimated living cost  is ₽21577 per week

₽15835
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.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155713
₽160710
₽135886
₽157982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
226 000
income
-
-
-
38 278
pensions
-
-
-
26 534
unemployment
-
-
-
1 730
health insurance
-
-
-
10 671
work injury
-
-
-
721
total
-
-
-
77 934
Employee

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

19 488
-
226 000
-
unemployment
234
-
865
-
work injury
97
-
361
-
pensions
3 586
-
13 267
-
health insurance
1 442
-
5 336
-
income
1 949
-
38 278
-
total
7 308
-
58 107
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
206 512
226 000
-
-
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%.

20 651
22 600
-
-
total
20 651
22 600
-
-
Dividends
185 861
203 400
-
-
withholding
27 879
30 510
-
-
total
27 879
30 510
-
-
Income
226 000
226 000
226 000
226 000
Total tax
55 838
53 110
58 107
77 934
After tax
170 162
172 890
167 893
148 066
Living cost
12 180
12 180
12 180
12 180
Free-cash
157 982
160 710
155 713
135 886

Estimated living cost  is ₽12180 per week

₽7546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64053
₽83085
₽71467
₽78979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
regional
-
-
-
5 720
social contributions
-
-
-
45 173
municipal
-
-
-
1 627
national
-
-
-
66 057
total
-
-
-
118 577
Employee
76 056
-
226 000
-
municipal
454
-
1 500
-
social contributions
25 646
-
59 223
-
regional
1 148
-
5 252
-
national
12 853
-
60 016
-
total
40 101
-
125 991
-
Employer
76 056
-
226 000
-
total
-
-
-
-
Corporate
149 944
226 000
-
-
nationa
35 987
54 241
-
-
municipal
7 228
10 893
-
-
total
43 215
65 134
-
-
Dividends
106 729
160 866
-
-
withholding
27 749
41 825
-
-
total
27 749
41 825
-
-
Income
226 000
226 000
226 000
226 000
Total tax
111 065
106 959
125 991
118 577
After tax
114 935
119 041
100 009
107 423
Living cost
35 956
35 956
35 956
35 956
Free-cash
78 979
83 085
64 053
71 467

Estimated living cost  is ₽35956 per week

₽25257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2473
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.
₽7682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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