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
₽95778
₽110307
₽85360
₽81609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 434
trade
-
-
-
28 698
income

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

-
-
-
76 523
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.

-
-
-
4 209
total
-
-
-
115 864
Employee

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

36 022
-
226 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 434
-
6 434
-
income

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

1 006
-
76 523
-
surtax

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

55
-
4 209
-
total
7 495
-
87 166
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 978
226 000
-
-
income
28 496
33 901
-
-
chamber of commerce
416
468
-
-
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.

1 567
1 864
-
-
trade
29 922
35 595
-
-
total
60 401
71 828
-
-
Dividends
129 575
154 172
-
-
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.

1 762
2 100
-
-
withholding
32 037
38 185
-
-
total
33 799
40 285
-
-
Income
226 000
226 000
226 000
226 000
Total tax
101 695
112 113
87 166
115 864
After tax
124 305
113 887
138 834
110 136
Living cost
28 527
28 527
28 527
28 527
Free-cash
95 778
85 360
110 307
81 609

Estimated living cost  is ₽28527 per week

₽17944
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91225
₽80347
₽92038
₽79134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
2 429
municipal
-
-
-
25 153
pensions
-
-
-
27 120
national
-
-
-
43 178
total
-
-
-
97 880
Employee
75 937
-
195 375
-
pensions
3 037
-
7 815
-
municipal
9 379
-
26 028
-
national
14 534
-
45 094
-
total
26 950
-
78 937
-
Employer
75 937
-
195 375
-
pensions
6 075
-
15 630
-
social contributions
816
-
2 100
-
total
6 891
-
17 730
-
Corporate
138 160
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%.

27 632
45 200
-
-
total
27 632
45 200
-
-
Dividends
110 528
180 800
-
-
withholding
24 316
39 776
-
-
total
24 316
39 776
-
-
Income
226 000
226 000
226 000
226 000
Total tax
85 789
84 976
96 667
97 880
After tax
140 211
141 024
129 333
128 120
Living cost
48 986
48 986
48 986
48 986
Free-cash
91 225
92 038
80 347
79 134

Estimated living cost  is ₽48986 per week

₽33295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽733
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153479
₽79408
₽161206
₽63558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 085
income
-
-
-
49 133
surtax
-
-
-
57 630
microenterprise
-
-
-
-
total
-
-
-
142 848
Employee
27 520
-
179 243
-
social contributions

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

3 028
-
12 346
-
income
4 899
-
41 906
-
surtax
-
-
25 990
-
total
7 927
-
80 242
-
Employer
27 520
-
179 243
-
surtax
-
-
19 717
-
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.

6 629
-
27 039
-
total
6 629
-
46 756
-
Corporate
191 851
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%.

38 371
45 200
-
-
total
38 371
45 200
-
-
Dividends

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

153 480
180 800
-
-
total
-
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
52 927
45 200
126 998
142 848
After tax
173 073
180 800
99 002
83 152
Living cost
19 594
19 594
19 594
19 594
Free-cash
153 479
161 206
79 408
63 558

Estimated living cost  is ₽19594 per week

₽12500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67562
₽105057
₽73333
₽81133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 614
income
-
-
-
82 764
pensions
-
-
-
11 035
total
-
-
-
105 413
Employee
80 427
80 427
208 497
-
pensions
14 477
11 035
11 035
-
health
12 345
10 500
11 614
-
income

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

13 165
13 165
41 337
-
total
39 987
34 700
63 986
-
Employer
80 427
80 427
208 497
-
pensions
5 598
5 598
6 958
-
health
5 591
5 591
6 947
-
unemployment
2 895
2 895
3 598
-
total
14 084
14 084
17 503
-
Corporate
132 476
131 490
-
-
income
26 494
26 298
-
-
total
26 494
26 298
-
-
Dividends
105 982
105 192
-
-
income
22 521
22 353
-
-
withholding
15 898
15 778
-
-
total
38 419
38 131
-
-
Income
226 000
226 000
226 000
226 000
Total tax
118 984
113 213
81 489
105 413
After tax
107 016
112 787
144 511
120 587
Living cost
39 454
39 454
39 454
39 454
Free-cash
67 562
73 333
105 057
81 133

Estimated living cost  is ₽39454 per week

₽27960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7310
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83759
₽72958
₽84628
₽73897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
170
health
-
-
-
5 302
municipal
-
-
-
60 053
pensions
-
-
-
9 185
other
-
-
-
9 873
unemployment
-
-
-
85
national
-
-
-
28 667
total
-
-
-
113 335
Employee
55 241
-
199 303
-
municipal
16 473
-
59 432
-
national
-
-
28 146
-
total
16 473
-
87 578
-
Employer
55 241
-
199 303
-
pensions
5 971
-
9 185
-
other
6 419
-
9 873
-
health
3 397
-
5 225
-
unemployment
1 458
-
2 243
-
accident
111
-
170
-
total
17 356
-
26 696
-
Corporate
153 402
226 000
-
-
income
33 748
49 720
-
-
total
33 748
49 720
-
-
Dividends
119 653
176 280
-
-
withholding
35 896
52 884
-
-
total
35 896
52 884
-
-
Income
226 000
226 000
226 000
226 000
Total tax
103 473
102 604
114 274
113 335
After tax
122 527
123 396
111 726
112 665
Living cost
38 768
38 768
38 768
38 768
Free-cash
83 759
84 628
72 958
73 897

Estimated living cost  is ₽38768 per week

₽25694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88960
₽101836
₽75726
₽71862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 434
trade
-
-
-
29 974
income

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

-
-
-
76 523
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.

-
-
-
4 209
total
-
-
-
117 140
Employee

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

47 761
-
226 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 434
-
6 434
-
income

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

4 104
-
76 523
-
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.

225
-
4 209
-
total
10 763
-
87 166
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 239
226 000
-
-
income
26 736
33 901
-
-
chamber of commerce
397
465
-
-
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.

1 471
1 864
-
-
trade
29 320
37 177
-
-
total
57 924
73 407
-
-
Dividends
120 315
152 594
-
-
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.

1 635
2 079
-
-
withholding
29 720
37 790
-
-
total
31 355
39 869
-
-
Income
226 000
226 000
226 000
226 000
Total tax
100 042
113 276
87 166
117 140
After tax
125 958
112 724
138 834
108 860
Living cost
36 998
36 998
36 998
36 998
Free-cash
88 960
75 726
101 836
71 862

Estimated living cost  is ₽36998 per week

₽24745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3902
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.
₽7800
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130221
₽119090
₽134126
₽120915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
15 238
health
-
-
-
5 762
income
-
-
-
53 537
total
-
-
-
74 537
Employee
72 421
72 421
213 936
-
health
720
1 231
3 637
-
social contributions
3 519
6 011
8 107
-
income
7 605
6 704
52 554
-
total
11 844
13 946
64 298
-
Employer
72 421
72 421
213 936
-
health
785
1 340
3 957
-
social contributions
3 519
6 011
8 107
-
total
4 304
7 351
12 064
-
Corporate
179 304
146 228
-
-
income
22 412
18 278
-
-
total
22 412
18 278
-
-
Dividends
156 892
127 950
-
-
withholding
26 671
21 751
-
-
total
26 671
21 751
-
-
Income
226 000
226 000
226 000
226 000
Total tax
65 231
61 326
76 362
74 537
After tax
160 769
164 674
149 638
151 463
Living cost
30 548
30 548
30 548
30 548
Free-cash
130 221
134 126
119 090
120 915

Estimated living cost  is ₽30548 per week

₽20882
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.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109796
₽113614
₽109434
₽139162
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 820
income
-
-
-
27 628
pensions
-
-
-
22 600
unemployment
-
-
-
3 390
total
-
-
-
69 438
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.

25 118
9 997
189 121
-
unemployment
377
150
2 837
-
pensions
2 512
1 000
18 912
-
health
1 758
700
13 238
-
income
3 071
1 222
23 120
-
total
7 718
3 072
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.

25 118
9 997
189 121
-
pensions
4 898
1 949
36 879
-
total
4 898
1 949
36 879
-
Corporate
195 984
214 054
-
-
income
17 639
19 265
-
-
total
17 639
19 265
-
-
Dividends
178 346
194 789
-
-
social contributions
34 663
37 870
-
-
withholding
33 886
37 010
-
-
total
68 549
74 880
-
-
Income
226 000
226 000
226 000
226 000
Total tax
98 804
99 166
94 986
69 438
After tax
127 196
126 834
131 014
156 562
Living cost
17 400
17 400
17 400
17 400
Free-cash
109 796
109 434
113 614
139 162

Estimated living cost  is ₽17400 per week

₽11874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152201
₽107516
₽158052
₽98388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
29 381
income
-
-
-
30 283
pensions
-
-
-
45 200
total
-
-
-
104 864
Employee
26 718
-
168 909
-
unemployment
427
-
2 702
-
pensions
534
-
3 378
-
income
3 008
-
32 566
-
total
3 969
-
38 646
-
Employer
26 718
-
168 909
-
pensions
5 344
-
33 781
-
health
3 473
-
21 958
-
unemployment
214
-
1 351
-
total
9 031
-
57 090
-
Corporate
190 251
226 000
-
-
income
38 051
45 200
-
-
total
38 051
45 200
-
-
Dividends
152 200
180 800
-
-
total
-
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
51 051
45 200
95 736
104 864
After tax
174 949
180 800
130 264
121 136
Living cost
22 748
22 748
22 748
22 748
Free-cash
152 201
158 052
107 516
98 388

Estimated living cost  is ₽22748 per week

₽15603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15090
₽103841
-₽2656
₽133323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
241
health
-
-
-
2 078
income
-
-
-
65 079
pensions
-
-
-
3 964
other
-
-
-
353
total
-
-
-
71 715
Employee
32 974
-
206 976
-
pensions
3 713
-
7 269
-
health
3 775
-
23 699
-
income
4 524
-
51 205
-
total
12 012
-
82 173
-
Employer
32 974
-
206 976
-
pensions
5 362
-
10 497
-
unemployment
808
-
5 071
-
accident
550
-
3 456
-
total
6 720
-
19 024
-
Corporate
186 306
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.

167 676
203 400
-
-
total
167 676
203 400
-
-
Dividends
18 631
22 600
-
-
withholding
3 540
4 294
-
-
total
3 540
4 294
-
-
Income
226 000
226 000
226 000
226 000
Total tax
189 948
207 694
101 197
71 715
After tax
36 052
18 306
124 803
154 285
Living cost
20 962
20 962
20 962
20 962
Free-cash
15 090
-2 656
103 841
133 323

Estimated living cost  is ₽20962 per week

₽15363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
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.
₽4000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽205460
₽173018
₽206918
₽215958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 727
-
226 000
-
income
1 945
-
45 200
-
total
1 945
-
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%.

216 273
226 000
-
-
total
-
-
-
-
Dividends
216 273
226 000
-
-
withholding
10 813
11 300
-
-
total
10 813
11 300
-
-
Income
226 000
226 000
226 000
226 000
Total tax
12 758
11 300
45 200
2 260
After tax
213 242
214 700
180 800
223 740
Living cost
7 782
7 782
7 782
7 782
Free-cash
205 460
206 918
173 018
215 958

Estimated living cost  is ₽7782 per week

₽4823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134589
₽110947
₽140946
₽112782
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 302
income
-
-
-
40 646
pensions

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

-
-
-
34 373
other
-
-
-
6 802
total
-
-
-
88 123
Employee
34 196
-
189 540
-
unemployment
341
-
1 432
-
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.

2 393
-
10 025
-
health
479
-
2 005
-
income
5 887
-
40 035
-
total
9 100
-
53 497
-
Employer
34 196
-
189 540
-
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.

5 814
-
24 348
-
other
1 710
-
7 160
-
health
479
-
2 005
-
unemployment
341
-
1 432
-
accident
273
-
1 516
-
total
8 617
-
36 461
-
Corporate
183 186
226 000
-
-
income
38 469
47 461
-
-
total
38 469
47 461
-
-
Dividends
144 717
178 539
-
-
withholding
10 130
12 498
-
-
total
10 130
12 498
-
-
Income
226 000
226 000
226 000
226 000
Total tax
66 316
59 959
89 958
88 123
After tax
159 684
166 041
136 042
137 877
Living cost
25 095
25 095
25 095
25 095
Free-cash
134 589
140 946
110 947
112 782

Estimated living cost  is ₽25095 per week

₽17731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1694
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.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86707
₽63139
₽79253
₽83245
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 281
pensions
-
-
-
9 585
total
-
-
-
80 866
Employee
87 564
-
196 840
-
pensions
8 447
-
11 330
-
health
1 443
-
2 609
-
income
15 784
-
57 875
-
total
25 674
-
71 814
-
Employer
87 564
-
196 840
-
pensions
10 339
-
25 418
-
health
1 663
-
3 740
-
total
12 002
-
29 158
-
Corporate
126 435
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.

24 022
42 941
-
-
total
24 022
42 941
-
-
Dividends
102 413
183 059
-
-
withholding
15 706
41 917
-
-
total
15 706
41 917
-
-
Income
226 000
226 000
226 000
226 000
Total tax
77 404
84 858
100 972
80 866
After tax
148 596
141 142
125 028
145 134
Living cost
61 889
61 889
61 889
61 889
Free-cash
86 707
79 253
63 139
83 245

Estimated living cost  is ₽61889 per week

₽46375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7272
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7740
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽176499
₽180468
₽180875
₽170957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 785
income
-
-
-
33 900
pensions

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

-
-
-
4 871
unemployment
-
-
-
132
total
-
-
-
42 688
Employee
16 359
-
219 542
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 436
-
2 890
-
health
752
-
1 514
-
income
1 636
-
21 954
-
total
4 004
-
26 720
-
Employer
16 359
-
219 542
-
pensions

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

1 803
-
3 627
-
health
1 129
-
2 271
-
unemployment
98
-
197
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
total
3 210
-
6 457
-
Corporate
206 431
226 000
-
-
income
20 643
22 600
-
-
total
20 643
22 600
-
-
Dividends
185 788
203 400
-
-
withholding
9 289
10 170
-
-
total
9 289
10 170
-
-
Income
226 000
226 000
226 000
226 000
Total tax
37 146
32 770
33 177
42 688
After tax
188 854
193 230
192 823
183 312
Living cost
12 355
12 355
12 355
12 355
Free-cash
176 499
180 875
180 468
170 957

Estimated living cost  is ₽12355 per week

₽7213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽62930
₽92286
₽60562
₽68362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 614
income
-
-
-
82 764
pensions
-
-
-
11 035
total
-
-
-
105 413
Employee
87 318
80 427
208 497
-
pensions
11 035
11 035
11 035
-
health
10 893
10 500
11 614
-
income

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

13 165
13 165
41 337
-
total
35 093
34 700
63 986
-
Employer
87 318
80 427
208 497
-
pensions
6 077
5 598
6 958
-
health
6 068
5 591
6 947
-
unemployment
3 144
2 895
3 598
-
total
15 289
14 084
17 503
-
Corporate
123 394
131 490
-
-
income
24 679
26 298
-
-
total
24 679
26 298
-
-
Dividends
98 716
105 192
-
-
income
20 977
22 353
-
-
withholding
14 807
15 778
-
-
total
35 784
38 131
-
-
Income
226 000
226 000
226 000
226 000
Total tax
110 845
113 213
81 489
105 413
After tax
115 155
112 787
144 511
120 587
Living cost
52 225
52 225
52 225
52 225
Free-cash
62 930
60 562
92 286
68 362

Estimated living cost  is ₽52225 per week

₽38524
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4665
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123864
₽100887
₽132210
₽110906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
33 659
health
-
-
-
30 510
income
-
-
-
24 275
solidarity contribution
-
-
-
3 259
total
-
-
-
91 703
Employee
34 399
-
180 901
-
solidarity contribution
-
-
2 360
-
health
4 644
-
24 422
-
social contributions
2 236
-
7 493
-
income
4 128
-
22 348
-
total
11 008
-
56 623
-
Employer
34 399
-
180 901
-
health
3 096
-
16 281
-
social contributions
8 600
-
28 818
-
total
11 696
-
45 099
-
Corporate
179 906
226 000
-
-
income
34 182
42 940
-
-
total
34 182
42 940
-
-
Dividends
145 724
183 060
-
-
withholding
21 859
27 459
-
-
total
21 859
27 459
-
-
Income
226 000
226 000
226 000
226 000
Total tax
78 745
70 399
101 722
91 703
After tax
147 255
155 601
124 278
134 297
Living cost
23 391
23 391
23 391
23 391
Free-cash
123 864
132 210
100 887
110 906

Estimated living cost  is ₽23391 per week

₽16248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75923
₽62075
₽80839
₽70062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
47 137
municipal
-
-
-
1 432
regional
-
-
-
2 924
national
-
-
-
64 704
total
-
-
-
116 197
Employee
83 702
-
226 000
-
regional
790
-
2 671
-
municipal
443
-
1 314
-
national
14 504
-
58 401
-
social contributions
28 224
-
61 798
-
total
43 961
-
124 184
-
Employer
83 702
-
226 000
-
total
-
-
-
-
Corporate
142 298
226 000
-
-
municipal
5 549
8 815
-
-
nationa
34 151
54 240
-
-
total
39 700
63 055
-
-
Dividends
102 597
162 945
-
-
withholding
26 675
42 365
-
-
total
26 675
42 365
-
-
Income
226 000
226 000
226 000
226 000
Total tax
110 336
105 420
124 184
116 197
After tax
115 664
120 580
101 816
109 803
Living cost
39 741
39 741
39 741
39 741
Free-cash
75 923
80 839
62 075
70 062

Estimated living cost  is ₽39741 per week

₽27703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8822
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118440
₽79610
₽121371
₽85370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 924
income
-
-
-
73 049
surtax
-
-
-
12 520
pensions
-
-
-
25 140
other
-
-
-
-
unemployment
-
-
-
214
total
-
-
-
119 847
Employee
31 145
-
199 541
-
unemployment
2 168
-
8 749
-
pensions
2 077
-
8 384
-
health
795
-
3 205
-
income
5 221
-
67 416
-
other
-
-
-
-
surtax
102
-
11 394
-
total
10 363
-
99 148
-
Employer
31 145
-
199 541
-
pensions
4 152
-
16 756
-
other
-
-
-
-
health
1 417
-
5 719
-
unemployment
987
-
3 984
-
total
6 556
-
26 459
-
Corporate
188 299
226 000
-
-
income
48 958
58 760
-
-
total
48 958
58 760
-
-
Dividends
139 341
167 240
-
-
withholding
20 900
25 086
-
-
total
20 900
25 086
-
-
Income
226 000
226 000
226 000
226 000
Total tax
86 777
83 846
125 607
119 847
After tax
139 223
142 154
100 393
106 153
Living cost
20 783
20 783
20 783
20 783
Free-cash
118 440
121 371
79 610
85 370

Estimated living cost  is ₽20783 per week

₽12707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104976
₽82747
₽98861
₽102853
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 281
pensions
-
-
-
9 585
total
-
-
-
80 866
Employee
58 683
-
196 840
-
pensions
4 981
-
11 330
-
health
852
-
2 609
-
income
10 569
-
57 875
-
total
16 402
-
71 814
-
Employer
58 683
-
196 840
-
pensions
6 352
-
25 418
-
health
1 115
-
3 740
-
total
7 467
-
29 158
-
Corporate
159 850
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.

30 372
42 941
-
-
total
30 372
42 941
-
-
Dividends
129 478
183 059
-
-
withholding
24 502
41 917
-
-
total
24 502
41 917
-
-
Income
226 000
226 000
226 000
226 000
Total tax
78 743
84 858
100 972
80 866
After tax
147 257
141 142
125 028
145 134
Living cost
42 281
42 281
42 281
42 281
Free-cash
104 976
98 861
82 747
102 853

Estimated living cost  is ₽42281 per week

₽31677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽60558
₽96158
₽28563
₽104114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
509
pensions
-
-
-
20 791
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
regional
-
-
-
12 822
city
-
-
-
2 382
national
-
-
-
6 082
total
-
-
-
47 105
Employee
87 513
-
203 569
-
unemployment
-
-
-
-
pensions
7 352
-
15 663
-
regional
2 866
-
11 476
-
national
414
-
5 068
-
health
198
-
457
-
city
939
-
2 205
-
total
11 769
-
34 869
-
Employer
87 513
-
203 569
-
pensions
7 352
-
15 663
-
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.

1 750
-
4 072
-
health
198
-
457
-
unemployment
-
-
-
-
total
9 300
-
20 192
-
Corporate
128 225
226 000
-
-
regional
27 120
47 799
-
-
national
10 900
19 210
-
-
total
38 020
67 009
-
-
Dividends
90 206
158 991
-
-
withholding
31 572
55 647
-
-
total
31 572
55 647
-
-
Income
226 000
226 000
226 000
226 000
Total tax
90 661
122 656
55 061
47 105
After tax
135 339
103 344
170 939
178 895
Living cost
74 781
74 781
74 781
74 781
Free-cash
60 558
28 563
96 158
104 114

Estimated living cost  is ₽74781 per week

₽48629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽918
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽83690
₽95689
₽68416
₽64441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 434
trade
-
-
-
31 248
income

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

-
-
-
76 523
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.

-
-
-
4 209
total
-
-
-
118 414
Employee

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

56 601
-
226 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 434
-
6 434
-
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.

6 656
-
76 523
-
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.

366
-
4 209
-
total
13 456
-
87 166
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 399
226 000
-
-
income
25 410
33 901
-
-
chamber of commerce
381
461
-
-
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.

1 398
1 864
-
-
trade
29 052
38 759
-
-
total
56 241
74 985
-
-
Dividends
113 159
151 015
-
-
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.

1 537
2 057
-
-
withholding
27 931
37 397
-
-
total
29 468
39 454
-
-
Income
226 000
226 000
226 000
226 000
Total tax
99 165
114 439
87 166
118 414
After tax
126 835
111 561
138 834
107 586
Living cost
43 145
43 145
43 145
43 145
Free-cash
83 690
68 416
95 689
64 441

Estimated living cost  is ₽43145 per week

₽31511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3451
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87244
₽82710
₽81682
₽90224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
6 440
health
-
-
-
11 433
income
-
-
-
44 105
surtax
-
-
-
-
pensions
-
-
-
34 570
other
-
-
-
7 006
total
-
-
-
103 554
Employee
40 308
-
171 769
-
pensions
4 558
-
13 245
-
social contributions
1 149
-
4 894
-
income
2 379
-
38 699
-
surtax
-
-
-
-
total
8 086
-
56 838
-
Employer
40 308
-
171 769
-
pensions
6 622
-
22 068
-
other
1 390
-
7 255
-
health
2 822
-
17 436
-
unemployment
1 632
-
6 956
-
social contributions
122
-
515
-
total
12 588
-
54 230
-
Corporate
173 104
226 000
-
-
income
48 469
63 280
-
-
surtax
-
-
-
-
total
48 469
63 280
-
-
Dividends
124 635
162 720
-
-
surtax
-
-
-
-
social contributions
21 438
27 987
-
-
withholding
15 953
20 829
-
-
total
37 391
48 816
-
-
Income
226 000
226 000
226 000
226 000
Total tax
106 534
112 096
111 068
103 554
After tax
119 466
113 904
114 932
122 446
Living cost
32 222
32 222
32 222
32 222
Free-cash
87 244
81 682
82 710
90 224

Estimated living cost  is ₽32222 per week

₽20318
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90106
₽85902
₽84874
₽93416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
6 440
health
-
-
-
11 433
income
-
-
-
44 105
surtax
-
-
-
-
pensions
-
-
-
34 570
other
-
-
-
7 006
total
-
-
-
103 554
Employee
35 981
-
171 769
-
pensions
4 070
-
13 245
-
social contributions
1 026
-
4 894
-
income
1 855
-
38 699
-
surtax
-
-
-
-
total
6 951
-
56 838
-
Employer
35 981
-
171 769
-
pensions
5 912
-
22 068
-
other
1 242
-
7 255
-
health
2 518
-
17 436
-
unemployment
1 457
-
6 956
-
social contributions
107
-
515
-
total
11 236
-
54 230
-
Corporate
178 783
226 000
-
-
income
50 059
63 280
-
-
surtax
-
-
-
-
total
50 059
63 280
-
-
Dividends
128 723
162 720
-
-
surtax
-
-
-
-
social contributions
22 141
27 987
-
-
withholding
16 477
20 829
-
-
total
38 618
48 816
-
-
Income
226 000
226 000
226 000
226 000
Total tax
106 864
112 096
111 068
103 554
After tax
119 136
113 904
114 932
122 446
Living cost
29 030
29 030
29 030
29 030
Free-cash
90 106
84 874
85 902
93 416

Estimated living cost  is ₽29030 per week

₽16836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2949
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118400
₽118741
₽117908
₽125166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
31 188
health
-
-
-
15 774
income
-
-
-
33 901
total
-
-
-
80 863
Employee
31 933
-
226 000
-
health
2 229
-
15 774
-
social contributions
4 407
-
31 188
-
income
5 326
-
40 326
-
total
11 962
-
87 288
-
Employer
31 933
-
226 000
-
total
-
-
-
-
Corporate
194 067
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%.

9 703
11 301
-
-
total
9 703
11 301
-
-
Dividends
184 364
214 699
-
-
health
12 868
14 986
-
-
social contributions
25 442
29 629
-
-
withholding
27 654
32 205
-
-
total
65 964
76 820
-
-
Income
226 000
226 000
226 000
226 000
Total tax
87 629
88 121
87 288
80 863
After tax
138 371
137 879
138 712
145 137
Living cost
19 971
19 971
19 971
19 971
Free-cash
118 400
117 908
118 741
125 166

Estimated living cost  is ₽19971 per week

₽13365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
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.
₽4913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89831
₽25761
₽91285
₽82362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 416
surtax
-
-
-
186
income
-
-
-
74 815
chamber of commerce
-
-
-
904
pensions
-
-
-
20 355
unemployment
-
-
-
5 776
total
-
-
-
110 452
Employee
47 067
37 533
188 425
-
unemployment
1 412
1 126
3 301
-
pensions
4 820
3 843
11 267
-
health
1 821
1 453
4 257
-
income
5 358
2 768
63 339
-
other
470
375
1 101
-
total
13 881
9 565
83 265
-
Employer
47 067
37 533
188 425
-
chamber of commerce
188
150
754
-
pensions
5 907
4 711
13 808
-
other
2 236
1 782
8 284
-
health
1 778
1 419
4 159
-
unemployment
1 412
1 126
3 301
-
accident
611
488
1 430
-
surtax
186
186
186
-
payroll
1 412
1 126
5 653
-
total
13 730
10 988
37 575
-
Corporate
165 203
177 479
184 850
-
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.

41 300
44 371
46 213
-
total
41 300
44 371
46 213
-
Dividends
123 903
133 109
-
-
withholding
34 072
36 605
-
-
total
34 072
36 605
-
-
Income
226 000
226 000
226 000
226 000
Total tax
102 983
101 529
167 053
110 452
After tax
123 017
124 471
58 947
115 548
Living cost
33 186
33 186
33 186
33 186
Free-cash
89 831
91 285
25 761
82 362

Estimated living cost  is ₽33186 per week

₽22133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77805
₽41876
₽88893
₽64028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
23 481
communal

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

-
-
-
12 152
national
-
-
-
91 999
total
-
-
-
127 632
Employee

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

67 368
-
175 043
-
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.

586
-
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.

5 053
-
13 127
-
national
20 712
-
66 824
-
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.

3 165
-
8 227
-
communal

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

3 514
-
9 129
-
total
33 030
-
98 830
-
Employer

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

67 368
-
175 043
-
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.

5 969
-
15 508
-
health

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

4 143
-
10 766
-
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.

983
-
2 556
-
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.

876
-
2 275
-
surtax
7 639
-
19 849
-
total
19 610
-
50 954
-
Corporate
139 022
226 000
-
-
income
27 804
49 455
-
-
surtax
556
988
-
-
total
28 360
50 443
-
-
Dividends
110 662
175 556
-
-
withholding

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

32 855
52 324
-
-
total
32 855
52 324
-
-
Income
226 000
226 000
226 000
226 000
Total tax
113 855
102 767
149 784
127 632
After tax
112 145
123 233
76 216
98 368
Living cost
34 340
34 340
34 340
34 340
Free-cash
77 805
88 893
41 876
64 028

Estimated living cost  is ₽34340 per week

₽22119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3003
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.
₽8681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109453
₽88191
₽115905
₽92144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
786
income
-
-
-
73 654
pensions
-
-
-
24 704
other
-
-
-
88
unemployment
-
-
-
611
total
-
-
-
99 843
Employee
46 881
-
198 171
-
unemployment
727
-
1 353
-
pensions
2 204
-
4 104
-
income
9 892
-
70 421
-
other
46
-
88
-
total
12 869
-
75 966
-
Employer
46 881
-
198 171
-
pensions
11 063
-
20 602
-
other
374
-
699
-
unemployment
2 579
-
4 801
-
accident
928
-
1 728
-
total
14 944
-
27 830
-
Corporate
164 176
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.

24 627
33 901
-
-
total
24 627
33 901
-
-
Dividends
139 549
192 099
-
-
withholding
30 094
42 181
-
-
total
30 094
42 181
-
-
Income
226 000
226 000
226 000
226 000
Total tax
82 534
76 082
103 796
99 843
After tax
143 466
149 918
122 204
126 157
Living cost
34 013
34 013
34 013
34 013
Free-cash
109 453
115 905
88 191
92 144

Estimated living cost  is ₽34013 per week

₽25047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62612
₽62835
₽75565
₽54074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
1 889
health
-
-
-
15 737
income
-
-
-
44 027
surtax
-
-
-
11 237
pensions
-
-
-
33 570
communal
-
-
-
14 284
total
-
-
-
120 744
Employee
71 323
-
201 876
-
pensions
5 705
-
16 150
-
health
3 174
-
8 983
-
income
6 889
-
50 354
-
surtax
4 372
-
12 371
-
total
20 140
-
87 858
-
Employer
71 323
-
201 876
-
pensions
5 705
-
16 150
-
health
2 175
-
6 157
-
accident
642
-
1 818
-
total
8 522
-
24 125
-
Corporate
146 156
226 000
-
-
income
21 923
33 901
-
-
communal
9 866
15 254
-
-
surtax
1 535
2 373
-
-
total
33 324
51 528
-
-
Dividends
112 832
174 471
-
-
income
33 295
21 554
-
-
withholding
16 925
26 171
-
-
total
50 220
47 725
-
-
Income
226 000
226 000
226 000
226 000
Total tax
112 206
99 253
111 983
120 744
After tax
113 794
126 747
114 017
105 256
Living cost
51 182
51 182
51 182
51 182
Free-cash
62 612
75 565
62 835
54 074

Estimated living cost  is ₽51182 per week

₽38394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118005
₽79239
₽121000
₽84999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 924
income
-
-
-
73 049
surtax
-
-
-
12 520
pensions
-
-
-
25 140
other
-
-
-
-
unemployment
-
-
-
214
total
-
-
-
119 847
Employee
31 717
-
199 541
-
unemployment
2 207
-
8 749
-
pensions
2 116
-
8 384
-
health
810
-
3 205
-
income
5 317
-
67 416
-
other
-
-
-
-
surtax
113
-
11 394
-
total
10 563
-
99 148
-
Employer
31 717
-
199 541
-
pensions
4 229
-
16 756
-
other
-
-
-
-
health
1 442
-
5 719
-
unemployment
1 006
-
3 984
-
total
6 677
-
26 459
-
Corporate
187 606
226 000
-
-
income
48 778
58 760
-
-
total
48 778
58 760
-
-
Dividends
138 828
167 240
-
-
withholding
20 823
25 086
-
-
total
20 823
25 086
-
-
Income
226 000
226 000
226 000
226 000
Total tax
86 841
83 846
125 607
119 847
After tax
139 159
142 154
100 393
106 153
Living cost
21 154
21 154
21 154
21 154
Free-cash
118 005
121 000
79 239
84 999

Estimated living cost  is ₽21154 per week

₽12772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91329
₽75783
₽93419
₽83726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
47 137
municipal
-
-
-
1 432
regional
-
-
-
3 631
national
-
-
-
64 704
total
-
-
-
116 904
Employee
52 244
-
226 000
-
regional
703
-
3 334
-
municipal
277
-
1 314
-
national
8 277
-
58 401
-
social contributions
17 617
-
61 798
-
total
26 874
-
124 847
-
Employer
52 244
-
226 000
-
total
-
-
-
-
Corporate
173 756
226 000
-
-
municipal
8 636
11 233
-
-
nationa
41 702
54 240
-
-
total
50 338
65 473
-
-
Dividends
123 418
160 527
-
-
withholding
32 089
41 738
-
-
total
32 089
41 738
-
-
Income
226 000
226 000
226 000
226 000
Total tax
109 301
107 211
124 847
116 904
After tax
116 699
118 789
101 153
109 096
Living cost
25 370
25 370
25 370
25 370
Free-cash
91 329
93 419
75 783
83 726

Estimated living cost  is ₽25370 per week

₽15778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116494
₽95454
₽126777
₽105473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
33 659
health
-
-
-
30 510
income
-
-
-
24 275
solidarity contribution
-
-
-
3 259
total
-
-
-
91 703
Employee
42 388
-
180 901
-
solidarity contribution
-
-
2 360
-
health
5 722
-
24 422
-
social contributions
2 755
-
7 493
-
income
5 087
-
22 348
-
total
13 564
-
56 623
-
Employer
42 388
-
180 901
-
health
3 815
-
16 281
-
social contributions
10 597
-
28 818
-
total
14 412
-
45 099
-
Corporate
169 200
226 000
-
-
income
32 148
42 940
-
-
total
32 148
42 940
-
-
Dividends
137 052
183 060
-
-
withholding
20 558
27 459
-
-
total
20 558
27 459
-
-
Income
226 000
226 000
226 000
226 000
Total tax
80 682
70 399
101 722
91 703
After tax
145 318
155 601
124 278
134 297
Living cost
28 824
28 824
28 824
28 824
Free-cash
116 494
126 777
95 454
105 473

Estimated living cost  is ₽28824 per week

₽21435
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94062
₽28946
₽94527
₽85687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 416
surtax
-
-
-
-
income
-
-
-
74 815
chamber of commerce
-
-
-
904
pensions
-
-
-
20 355
unemployment
-
-
-
5 776
total
-
-
-
110 266
Employee
41 169
37 533
188 600
-
unemployment
1 235
1 126
3 301
-
pensions
4 216
3 843
11 267
-
health
1 592
1 453
4 257
-
income
3 667
2 768
63 426
-
other
411
375
1 101
-
total
11 121
9 565
83 352
-
Employer
41 169
37 533
188 600
-
chamber of commerce
164
150
754
-
pensions
5 167
4 711
13 808
-
other
1 955
1 782
8 289
-
health
1 557
1 419
4 159
-
unemployment
1 235
1 126
3 301
-
accident
534
488
1 430
-
surtax
-
-
-
-
payroll
1 235
1 126
5 658
-
total
11 847
10 802
37 399
-
Corporate
172 983
177 665
185 025
-
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.

43 246
44 417
46 256
-
total
43 246
44 417
46 256
-
Dividends
129 737
133 248
-
-
withholding
35 677
36 642
-
-
total
35 677
36 642
-
-
Income
226 000
226 000
226 000
226 000
Total tax
101 891
101 426
167 007
110 266
After tax
124 109
124 574
58 993
115 734
Living cost
30 047
30 047
30 047
30 047
Free-cash
94 062
94 527
28 946
85 687

Estimated living cost  is ₽30047 per week

₽18025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8418
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽200299
₽168673
₽202573
₽211613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 159
-
226 000
-
income
3 032
-
45 200
-
total
3 032
-
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%.

210 841
226 000
-
-
total
-
-
-
-
Dividends
210 841
226 000
-
-
withholding
10 542
11 300
-
-
total
10 542
11 300
-
-
Income
226 000
226 000
226 000
226 000
Total tax
13 574
11 300
45 200
2 260
After tax
212 426
214 700
180 800
223 740
Living cost
12 127
12 127
12 127
12 127
Free-cash
200 299
202 573
168 673
211 613

Estimated living cost  is ₽12127 per week

₽8206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122461
₽73266
₽130338
₽78171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
22 239
income
-
-
-
58 716
pensions
-
-
-
41 273
unemployment
-
-
-
340
total
-
-
-
122 568
Employee

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

41 647
-
195 552
-
unemployment
59
-
273
-
pensions
6 456
-
30 310
-
health
2 690
-
12 632
-
income
7 182
-
53 810
-
total
16 387
-
97 025
-
Employer

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

41 647
-
195 552
-
pensions
3 685
-
17 306
-
health
2 774
-
13 024
-
unemployment
25
-
118
-
total
6 484
-
30 448
-
Corporate
177 869
226 000
-
-
income
33 795
42 941
-
-
total
33 795
42 941
-
-
Dividends
144 073
183 059
-
-
withholding
21 612
27 460
-
-
total
21 612
27 460
-
-
Income
226 000
226 000
226 000
226 000
Total tax
78 278
70 401
127 473
122 568
After tax
147 722
155 599
98 527
103 432
Living cost
25 261
25 261
25 261
25 261
Free-cash
122 461
130 338
73 266
78 171

Estimated living cost  is ₽25261 per week

₽17336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51270
₽172480
₽96483
₽115169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
25 764
income
-
-
-
44 052
total
-
-
-
69 816
Employee
58 809
-
-
-
social contributions
4 822
-
687
-
income
12 972
-
-
-
total
17 794
-
687
-
Employer
58 809
-
-
-
social contributions
82 921
-
11 818
-
total
82 921
-
11 818
-
Corporate
84 269
226 000
-
-
income
18 539
49 720
-
-
total
18 539
49 720
-
-
Dividends
65 730
176 280
-
-
income
14 461
38 782
-
-
total
14 461
38 782
-
-
Income
226 000
226 000
226 000
226 000
Total tax
133 715
88 502
12 505
69 816
After tax
92 285
137 498
213 495
156 184
Living cost
41 015
41 015
41 015
41 015
Free-cash
51 270
96 483
172 480
115 169

Estimated living cost  is ₽41015 per week

₽26612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98058
₽69458
₽99005
₽87634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
78 536
income
-
-
-
30 288
surtax
-
-
-
-
total
-
-
-
108 824
Employee
43 316
-
182 627
-
social contributions
4 765
-
20 089
-
income
9 010
-
63 048
-
surtax
-
-
490
-
total
13 775
-
83 627
-
Employer
43 316
-
182 627
-
social contributions
10 287
-
43 373
-
total
10 287
-
43 373
-
Corporate
172 397
226 000
-
-
income
36 203
47 461
-
-
surtax
-
-
-
-
total
36 203
47 461
-
-
Dividends
136 194
178 539
-
-
withholding
38 135
49 992
-
-
total
38 135
49 992
-
-
Income
226 000
226 000
226 000
226 000
Total tax
98 400
97 453
127 000
108 824
After tax
127 600
128 547
99 000
117 176
Living cost
29 542
29 542
29 542
29 542
Free-cash
98 058
99 005
69 458
87 634

Estimated living cost  is ₽29542 per week

₽22103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽74889
₽69444
₽68416
₽76958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
6 440
health
-
-
-
11 433
income
-
-
-
44 105
surtax
-
-
-
-
pensions
-
-
-
34 570
other
-
-
-
7 006
total
-
-
-
103 554
Employee
58 987
-
171 769
-
pensions
6 672
-
13 245
-
social contributions
1 680
-
4 894
-
income
5 147
-
38 699
-
surtax
-
-
-
-
total
13 499
-
56 838
-
Employer
58 987
-
171 769
-
pensions
9 692
-
22 068
-
other
2 036
-
7 255
-
health
4 129
-
17 436
-
unemployment
2 390
-
6 956
-
social contributions
177
-
515
-
total
18 424
-
54 230
-
Corporate
148 590
226 000
-
-
income
41 606
63 280
-
-
surtax
-
-
-
-
total
41 606
63 280
-
-
Dividends
106 984
162 720
-
-
surtax
-
-
-
-
social contributions
18 400
27 987
-
-
withholding
13 694
20 829
-
-
total
32 094
48 816
-
-
Income
226 000
226 000
226 000
226 000
Total tax
105 623
112 096
111 068
103 554
After tax
120 377
113 904
114 932
122 446
Living cost
45 488
45 488
45 488
45 488
Free-cash
74 889
68 416
69 444
76 958

Estimated living cost  is ₽45488 per week

₽30786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3721
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171927
₽142067
₽175090
₽136061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
49 720
income
-
-
-
11 909
total
-
-
-
61 629
Employee
30 278
-
195 670
-
social contributions
1 968
-
12 718
-
income
-
-
12 575
-
total
1 968
-
25 293
-
Employer
30 278
-
195 670
-
social contributions
4 693
-
30 330
-
total
4 693
-
30 330
-
Corporate
191 028
226 000
-
-
income
19 102
22 600
-
-
total
19 102
22 600
-
-
Dividends
171 926
203 400
-
-
total
-
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
25 763
22 600
55 623
61 629
After tax
200 237
203 400
170 377
164 371
Living cost
28 310
28 310
28 310
28 310
Free-cash
171 927
175 090
142 067
136 061

Estimated living cost  is ₽28310 per week

₽18305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11420
₽20958
₽20958
₽84486
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
48 866
pensions
-
-
-
816
labour market
-
-
-
18 015
national
-
-
-
28 494
total
-
-
-
96 191
Employee
191 297
191 297
191 297
-
pensions
272
272
272
-
municipal
40 736
40 736
40 736
-
national
23 370
23 370
23 370
-
labour market
15 282
15 282
15 282
-
total
79 660
79 660
79 660
-
Employer
191 297
191 297
191 297
-
municipal
40 800
40 800
40 800
-
pensions
544
544
544
-
national
23 411
23 411
23 411
-
labour market
15 304
15 304
15 304
-
total
80 059
80 059
80 059
-
Corporate
20 958
-
-
-
income
4 611
-
-
-
total
4 611
-
-
-
Dividends
16 347
-
-
-
withholding
4 927
-
-
-
total
4 927
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
169 257
159 719
159 719
96 191
After tax
56 743
66 281
66 281
129 809
Living cost
45 323
45 323
45 323
45 323
Free-cash
11 420
20 958
20 958
84 486

Estimated living cost  is ₽45323 per week

₽31019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽697
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15140
₽104151
-₽2346
₽133633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
241
health
-
-
-
2 078
income
-
-
-
65 079
pensions
-
-
-
3 964
other
-
-
-
353
total
-
-
-
71 715
Employee
32 488
-
206 976
-
pensions
3 658
-
7 269
-
health
3 720
-
23 699
-
income
4 457
-
51 205
-
total
11 835
-
82 173
-
Employer
32 488
-
206 976
-
pensions
5 282
-
10 497
-
unemployment
796
-
5 071
-
accident
542
-
3 456
-
total
6 620
-
19 024
-
Corporate
186 891
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.

168 202
203 400
-
-
total
168 202
203 400
-
-
Dividends
18 689
22 600
-
-
withholding
3 551
4 294
-
-
total
3 551
4 294
-
-
Income
226 000
226 000
226 000
226 000
Total tax
190 208
207 694
101 197
71 715
After tax
35 792
18 306
124 803
154 285
Living cost
20 652
20 652
20 652
20 652
Free-cash
15 140
-2 346
104 151
133 633

Estimated living cost  is ₽20652 per week

₽15033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and 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

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
₽104632
₽74991
₽101722
₽100876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 087
municipal
-
-
-
40 124
national
-
-
-
45 754
total
-
-
-
88 965
Employee
49 551
-
190 124
-
unemployment
744
-
2 852
-
pensions
3 344
-
12 833
-
municipal
8 116
-
30 943
-
national
819
-
29 814
-
health
370
-
2 534
-
total
13 393
-
78 976
-
Employer
49 551
-
190 124
-
pensions
8 597
-
32 986
-
health
381
-
1 464
-
unemployment
322
-
1 235
-
accident
50
-
189
-
total
9 350
-
35 874
-
Corporate
167 100
226 000
-
-
income
33 420
45 200
-
-
total
33 420
45 200
-
-
Dividends

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

100 260
135 600
-
-
national
11 000
18 510
-
-
municipal
18 046
24 409
-
-
total
29 046
42 919
-
-
Income
226 000
226 000
226 000
226 000
Total tax
85 209
88 119
114 850
88 965
After tax
140 791
137 881
111 150
137 035
Living cost
36 159
36 159
36 159
36 159
Free-cash
104 632
101 722
74 991
100 876

Estimated living cost  is ₽36159 per week

₽23619
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3478
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8488
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137743
₽127832
₽142868
₽129657
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
15 238
health
-
-
-
5 762
income
-
-
-
53 537
total
-
-
-
74 537
Employee
72 421
72 421
213 936
-
health
561
1 231
3 637
-
social contributions
2 738
6 011
8 107
-
income
7 885
6 704
52 554
-
total
11 184
13 946
64 298
-
Employer
72 421
72 421
213 936
-
health
609
1 340
3 957
-
social contributions
2 738
6 011
8 107
-
total
3 347
7 351
12 064
-
Corporate
189 662
146 228
-
-
income
23 708
18 278
-
-
total
23 708
18 278
-
-
Dividends
165 954
127 950
-
-
withholding
28 212
21 751
-
-
total
28 212
21 751
-
-
Income
226 000
226 000
226 000
226 000
Total tax
66 451
61 326
76 362
74 537
After tax
159 549
164 674
149 638
151 463
Living cost
21 806
21 806
21 806
21 806
Free-cash
137 743
142 868
127 832
129 657

Estimated living cost  is ₽21806 per week

₽13068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167407
₽159239
₽172197
₽178131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 408
income
-
-
-
23 490
pensions
-
-
-
5 991
unemployment
-
-
-
27
total
-
-
-
32 916
Employee

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

21 618
-
216 796
-
unemployment
107
-
447
-
pensions
3 242
-
13 404
-
health
1 837
-
7 596
-
income
1 478
-
21 156
-
total
6 664
-
42 603
-
Employer

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

21 618
-
216 796
-
pensions
1 189
-
4 915
-
health
929
-
3 843
-
unemployment
107
-
447
-
total
2 225
-
9 205
-
Corporate
202 157
226 000
-
-
income
18 194
20 341
-
-
total
18 194
20 341
-
-
Dividends
183 963
205 659
-
-
withholding
16 557
18 509
-
-
total
16 557
18 509
-
-
Income
226 000
226 000
226 000
226 000
Total tax
43 640
38 850
51 808
32 916
After tax
182 360
187 150
174 192
193 084
Living cost
14 953
14 953
14 953
14 953
Free-cash
167 407
172 197
159 239
178 131

Estimated living cost  is ₽14953 per week

₽9540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119860
₽96305
₽124019
₽100258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
786
income
-
-
-
73 654
pensions
-
-
-
24 704
other
-
-
-
88
unemployment
-
-
-
611
total
-
-
-
99 843
Employee
34 824
-
198 171
-
unemployment
540
-
1 353
-
pensions
1 637
-
4 104
-
income
6 714
-
70 421
-
other
34
-
88
-
total
8 925
-
75 966
-
Employer
34 824
-
198 171
-
pensions
8 218
-
20 602
-
other
279
-
699
-
unemployment
1 916
-
4 801
-
accident
690
-
1 728
-
total
11 103
-
27 830
-
Corporate
180 073
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.

27 011
33 901
-
-
total
27 011
33 901
-
-
Dividends
153 062
192 099
-
-
withholding
33 202
42 181
-
-
total
33 202
42 181
-
-
Income
226 000
226 000
226 000
226 000
Total tax
80 241
76 082
103 796
99 843
After tax
145 759
149 918
122 204
126 157
Living cost
25 899
25 899
25 899
25 899
Free-cash
119 860
124 019
96 305
100 258

Estimated living cost  is ₽25899 per week

₽17481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138869
₽143833
₽139174
₽143964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
978
income
-
-
-
77 859
pensions
-
-
-
1 349
total
-
-
-
80 186
Employee
2 817
-
224 482
-
unemployment
28
-
67
-
pensions
254
-
607
-
health
141
-
337
-
income
545
-
77 788
-
total
968
-
78 799
-
Employer
2 817
-
224 482
-
pensions
310
-
742
-
health
268
-
641
-
unemployment
56
-
135
-
total
634
-
1 518
-
Corporate
222 549
226 000
-
-
income
48 961
49 720
-
-
total
48 961
49 720
-
-
Dividends
173 588
176 280
-
-
withholding
34 718
35 256
-
-
total
34 718
35 256
-
-
Income
226 000
226 000
226 000
226 000
Total tax
85 281
84 976
80 317
80 186
After tax
140 719
141 024
145 683
145 814
Living cost
1 850
1 850
1 850
1 850
Free-cash
138 869
139 174
143 833
143 964

Estimated living cost  is ₽1850 per week

₽1099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142374
₽130854
₽147005
₽130854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 166
income
-
-
-
52 568
pensions
-
-
-
18 088
unemployment
-
-
-
1 044
total
-
-
-
78 866
Employee

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

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

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

24 548
-
213 547
-
unemployment
184
-
522
-
pensions
3 437
-
9 740
-
health
1 264
-
3 583
-
income
3 384
-
52 568
-
total
8 269
-
66 413
-
Employer

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

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

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

24 548
-
213 547
-
pensions
2 946
-
8 348
-
health
1 264
-
3 583
-
unemployment
184
-
522
-
total
4 394
-
12 453
-
Corporate
197 057
226 000
-
-
income
29 559
33 900
-
-
total
29 559
33 900
-
-
Dividends
167 499
192 100
-
-
withholding
25 125
28 815
-
-
total
25 125
28 815
-
-
Income
226 000
226 000
226 000
226 000
Total tax
67 347
62 715
78 866
78 866
After tax
158 653
163 285
147 134
147 134
Living cost
16 280
16 280
16 280
16 280
Free-cash
142 374
147 005
130 854
130 854

Estimated living cost  is ₽16280 per week

₽10961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1259
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.
₽3588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102819
₽73609
₽103156
₽91785
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
78 536
income
-
-
-
30 288
surtax
-
-
-
-
total
-
-
-
108 824
Employee
36 554
-
182 627
-
social contributions
4 021
-
20 089
-
income
7 142
-
63 048
-
surtax
-
-
490
-
total
11 163
-
83 627
-
Employer
36 554
-
182 627
-
social contributions
8 681
-
43 373
-
total
8 681
-
43 373
-
Corporate
180 765
226 000
-
-
income
37 961
47 461
-
-
surtax
-
-
-
-
total
37 961
47 461
-
-
Dividends
142 804
178 539
-
-
withholding
39 985
49 992
-
-
total
39 985
49 992
-
-
Income
226 000
226 000
226 000
226 000
Total tax
97 790
97 453
127 000
108 824
After tax
128 210
128 547
99 000
117 176
Living cost
25 391
25 391
25 391
25 391
Free-cash
102 819
103 156
73 609
91 785

Estimated living cost  is ₽25391 per week

₽17983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1764
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110657
₽89105
₽116819
₽93058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
786
income
-
-
-
73 654
pensions
-
-
-
24 704
other
-
-
-
88
unemployment
-
-
-
611
total
-
-
-
99 843
Employee
45 485
-
198 171
-
unemployment
704
-
1 353
-
pensions
2 138
-
4 104
-
income
9 500
-
70 421
-
other
45
-
88
-
total
12 387
-
75 966
-
Employer
45 485
-
198 171
-
pensions
10 734
-
20 602
-
other
365
-
699
-
unemployment
2 502
-
4 801
-
accident
901
-
1 728
-
total
14 502
-
27 830
-
Corporate
166 013
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.

24 902
33 901
-
-
total
24 902
33 901
-
-
Dividends
141 111
192 099
-
-
withholding
30 453
42 181
-
-
total
30 453
42 181
-
-
Income
226 000
226 000
226 000
226 000
Total tax
82 244
76 082
103 796
99 843
After tax
143 756
149 918
122 204
126 157
Living cost
33 099
33 099
33 099
33 099
Free-cash
110 657
116 819
89 105
93 058

Estimated living cost  is ₽33099 per week

₽23771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171278
₽176613
₽177020
₽167102
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 785
income
-
-
-
33 900
pensions

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

-
-
-
4 871
unemployment
-
-
-
132
total
-
-
-
42 688
Employee
21 464
-
219 542
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 884
-
2 890
-
health
987
-
1 514
-
income
2 147
-
21 954
-
total
5 254
-
26 720
-
Employer
21 464
-
219 542
-
pensions

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

2 365
-
3 627
-
health
1 481
-
2 271
-
unemployment
129
-
197
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
total
4 211
-
6 457
-
Corporate
200 325
226 000
-
-
income
20 032
22 600
-
-
total
20 032
22 600
-
-
Dividends
180 293
203 400
-
-
withholding
9 015
10 170
-
-
total
9 015
10 170
-
-
Income
226 000
226 000
226 000
226 000
Total tax
38 512
32 770
33 177
42 688
After tax
187 488
193 230
192 823
183 312
Living cost
16 210
16 210
16 210
16 210
Free-cash
171 278
177 020
176 613
167 102

Estimated living cost  is ₽16210 per week

₽10721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
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.
₽4175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92173
₽102473
₽79850
₽76325
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 434
trade
-
-
-
26 148
income

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

-
-
-
76 523
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.

-
-
-
4 209
total
-
-
-
113 314
Employee

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

46 861
-
226 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 434
-
6 434
-
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.

3 853
-
76 523
-
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.

213
-
4 209
-
total
10 500
-
87 166
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 139
226 000
-
-
income
26 871
33 901
-
-
chamber of commerce
406
474
-
-
surtax

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

1 478
1 864
-
-
trade
25 706
32 432
-
-
total
54 461
68 671
-
-
Dividends
124 678
157 330
-
-
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.

1 694
2 143
-
-
withholding
30 811
38 975
-
-
total
32 505
41 118
-
-
Income
226 000
226 000
226 000
226 000
Total tax
97 466
109 789
87 166
113 314
After tax
128 534
116 211
138 834
112 686
Living cost
36 361
36 361
36 361
36 361
Free-cash
92 173
79 850
102 473
76 325

Estimated living cost  is ₽36361 per week

₽25082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106631
₽58420
₽104551
₽58420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
39 097
income
-
-
-
74 833
total
-
-
-
113 930
Employee
73 671
-
226 000
-
social contributions
6 120
-
39 097
-
income
13 901
-
74 833
-
total
20 021
-
113 930
-
Employer
73 671
-
226 000
-
total
-
-
-
-
Corporate
152 329
226 000
-
-
income
19 041
28 249
-
-
total
19 041
28 249
-
-
Dividends
133 288
197 751
-
-
withholding
26 657
39 550
-
-
total
26 657
39 550
-
-
Income
226 000
226 000
226 000
226 000
Total tax
65 719
67 799
113 930
113 930
After tax
160 281
158 201
112 070
112 070
Living cost
53 650
53 650
53 650
53 650
Free-cash
106 631
104 551
58 420
58 420

Estimated living cost  is ₽53650 per week

₽40816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111027
₽122835
₽107735
₽152068
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 901
health

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

-
-
-
5 843
total
-
-
-
39 744
Employee
43 205
-
221 668
-
social contributions
4 329
-
4 332
-
income
4 688
-
60 313
-
total
9 017
-
64 645
-
Employer
43 205
-
221 668
-
social contributions
4 329
-
4 332
-
total
4 329
-
4 332
-
Corporate
178 467
226 000
-
-
income
62 463
79 101
-
-
total
62 463
79 101
-
-
Dividends
116 004
146 899
-
-
social contributions
4 976
4 976
-
-
total
4 976
4 976
-
-
Income
226 000
226 000
226 000
226 000
Total tax
80 785
84 077
68 977
39 744
After tax
145 215
141 923
157 023
186 256
Living cost
34 188
34 188
34 188
34 188
Free-cash
111 027
107 735
122 835
152 068

Estimated living cost  is ₽34188 per week

₽22520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112251
₽90655
₽106769
₽110761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 281
pensions
-
-
-
9 585
total
-
-
-
80 866
Employee
47 182
-
196 840
-
pensions
3 601
-
11 330
-
health
615
-
2 609
-
income
8 592
-
57 875
-
total
12 808
-
71 814
-
Employer
47 182
-
196 840
-
pensions
4 767
-
25 418
-
health
897
-
3 740
-
total
5 664
-
29 158
-
Corporate
173 155
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.

32 899
42 941
-
-
total
32 899
42 941
-
-
Dividends
140 255
183 059
-
-
withholding
28 005
41 917
-
-
total
28 005
41 917
-
-
Income
226 000
226 000
226 000
226 000
Total tax
79 376
84 858
100 972
80 866
After tax
146 624
141 142
125 028
145 134
Living cost
34 373
34 373
34 373
34 373
Free-cash
112 251
106 769
90 655
110 761

Estimated living cost  is ₽34373 per week

₽23580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽14826
₽102106
-₽4391
₽131588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
241
health
-
-
-
2 078
income
-
-
-
65 079
pensions
-
-
-
3 964
other
-
-
-
353
total
-
-
-
71 715
Employee
35 703
-
206 976
-
pensions
4 020
-
7 269
-
health
4 088
-
23 699
-
income
4 898
-
51 205
-
total
13 006
-
82 173
-
Employer
35 703
-
206 976
-
pensions
5 805
-
10 497
-
unemployment
875
-
5 071
-
accident
596
-
3 456
-
total
7 276
-
19 024
-
Corporate
183 021
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.

164 718
203 400
-
-
total
164 718
203 400
-
-
Dividends
18 302
22 600
-
-
withholding
3 477
4 294
-
-
total
3 477
4 294
-
-
Income
226 000
226 000
226 000
226 000
Total tax
188 477
207 694
101 197
71 715
After tax
37 523
18 306
124 803
154 285
Living cost
22 697
22 697
22 697
22 697
Free-cash
14 826
-4 391
102 106
131 588

Estimated living cost  is ₽22697 per week

₽16657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157304
₽154369
₽160157
₽133641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 169
health insurance
-
-
-
11 156
pensions
-
-
-
27 738
unemployment
-
-
-
1 809
work injury
-
-
-
754
total
-
-
-
79 626
Employee

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

20 372
-
226 000
-
unemployment
244
-
905
-
pensions
3 749
-
13 869
-
work injury
102
-
377
-
income
2 037
-
38 169
-
health insurance
1 508
-
5 578
-
total
7 640
-
58 898
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
205 628
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%.

20 563
22 600
-
-
total
20 563
22 600
-
-
Dividends
185 065
203 400
-
-
withholding
27 760
30 510
-
-
total
27 760
30 510
-
-
Income
226 000
226 000
226 000
226 000
Total tax
55 963
53 110
58 898
79 626
After tax
170 037
172 890
167 102
146 374
Living cost
12 733
12 733
12 733
12 733
Free-cash
157 304
160 157
154 369
133 641

Estimated living cost  is ₽12733 per week

₽7888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77236
₽61650
₽81522
₽69389
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
47 137
municipal
-
-
-
1 610
regional
-
-
-
5 641
national
-
-
-
64 704
total
-
-
-
119 092
Employee
79 363
-
226 000
-
regional
1 198
-
5 154
-
municipal
474
-
1 478
-
national
13 412
-
58 401
-
social contributions
26 761
-
61 798
-
total
41 845
-
126 831
-
Employer
79 363
-
226 000
-
total
-
-
-
-
Corporate
146 637
226 000
-
-
municipal
7 069
10 893
-
-
nationa
35 193
54 240
-
-
total
42 262
65 133
-
-
Dividends
104 376
160 867
-
-
withholding
27 138
41 826
-
-
total
27 138
41 826
-
-
Income
226 000
226 000
226 000
226 000
Total tax
111 245
106 959
126 831
119 092
After tax
114 755
119 041
99 169
106 908
Living cost
37 519
37 519
37 519
37 519
Free-cash
77 236
81 522
61 650
69 389

Estimated living cost  is ₽37519 per week

₽26355
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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