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
₽110373
₽85480
₽81645
₽95852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 407
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.

-
-
-
76 601
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.

-
-
-
4 213
trade
-
-
-
28 728
total
-
-
-
115 949
Employee

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

35 870
-
226 000
-
surtax

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

55
-
4 213
-
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.

1 002
-
76 601
-
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.

6 407
-
6 407
-
total
7 464
-
87 221
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
190 130
226 000
-
-
chamber of commerce
416
466
-
-
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.

1 568
1 865
-
-
trade
29 945
35 596
-
-
income
28 520
33 900
-
-
total
60 449
71 827
-
-
Dividends
129 681
154 174
-
-
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.

1 764
2 100
-
-
withholding
32 065
38 187
-
-
total
33 829
40 287
-
-
Income
226 000
226 000
226 000
226 000
Total tax
101 742
112 114
87 221
115 949
After tax
124 258
113 886
138 779
110 051
Living cost
28 406
28 406
28 406
28 406
Free-cash
95 852
85 480
110 373
81 645

Estimated living cost  is ₽28406 per week

₽17868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80166
₽91772
₽78953
₽90954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
27 120
national
-
-
-
43 099
municipal
-
-
-
25 147
total
-
-
-
97 795
Employee
76 350
-
195 375
-
municipal
9 430
-
26 022
-
national
14 613
-
45 015
-
pensions
3 054
-
7 815
-
total
27 097
-
78 852
-
Employer
76 350
-
195 375
-
pensions
6 108
-
15 630
-
social contributions
821
-
2 100
-
total
6 929
-
17 730
-
Corporate
137 682
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%.

27 536
45 200
-
-
total
27 536
45 200
-
-
Dividends
110 146
180 800
-
-
withholding
24 232
39 776
-
-
total
24 232
39 776
-
-
Income
226 000
226 000
226 000
226 000
Total tax
85 794
84 976
96 582
97 795
After tax
140 206
141 024
129 418
128 205
Living cost
49 252
49 252
49 252
49 252
Free-cash
90 954
91 772
80 166
78 953

Estimated living cost  is ₽49252 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79538
₽161288
₽63701
₽153596
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 932
income
-
-
-
49 226
surtax
-
-
-
57 630
microenterprise
-
-
-
-
total
-
-
-
142 788
Employee
27 404
-
179 347
-
surtax
-
-
26 005
-
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.

3 015
-
12 294
-
income
4 878
-
41 999
-
total
7 893
-
80 298
-
Employer
27 404
-
179 347
-
surtax
-
-
19 728
-
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.

6 601
-
26 925
-
total
6 601
-
46 653
-
Corporate
191 996
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%.

38 399
45 201
-
-
total
38 399
45 201
-
-
Dividends

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

153 597
180 799
-
-
total
-
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
52 893
45 201
126 951
142 788
After tax
173 107
180 799
99 049
83 212
Living cost
19 511
19 511
19 511
19 511
Free-cash
153 596
161 288
79 538
63 701

Estimated living cost  is ₽19511 per week

₽12447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105223
₽73509
₽81253
₽67767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 564
income
-
-
-
82 908
pensions
-
-
-
10 988
total
-
-
-
105 460
Employee
80 086
80 086
208 572
-
income

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

13 109
13 109
41 509
-
pensions
14 415
10 988
10 988
-
health
12 292
10 456
11 564
-
total
39 816
34 553
64 061
-
Employer
80 086
80 086
208 572
-
unemployment
2 883
2 883
3 583
-
health
5 567
5 567
6 918
-
pensions
5 574
5 574
6 928
-
total
14 024
14 024
17 429
-
Corporate
132 872
131 890
-
-
income
26 574
26 379
-
-
total
26 574
26 379
-
-
Dividends
106 298
105 512
-
-
income
22 588
22 421
-
-
withholding
15 944
15 827
-
-
total
38 532
38 248
-
-
Income
226 000
226 000
226 000
226 000
Total tax
118 946
113 204
81 490
105 460
After tax
107 054
112 796
144 510
120 540
Living cost
39 287
39 287
39 287
39 287
Free-cash
67 767
73 509
105 223
81 253

Estimated living cost  is ₽39287 per week

₽27841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3542
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72948
₽84617
₽73889
₽83746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
9 876
health
-
-
-
5 303
accident
-
-
-
170
pensions
-
-
-
9 188
national
-
-
-
28 659
unemployment
-
-
-
85
municipal
-
-
-
60 051
total
-
-
-
113 332
Employee
55 257
-
199 296
-
municipal
16 478
-
59 430
-
national
-
-
28 138
-
total
16 478
-
87 568
-
Employer
55 257
-
199 296
-
other
6 421
-
9 876
-
unemployment
1 459
-
2 244
-
health
3 398
-
5 227
-
accident
111
-
170
-
pensions
5 973
-
9 188
-
total
17 362
-
26 705
-
Corporate
153 381
226 000
-
-
income
33 744
49 720
-
-
total
33 744
49 720
-
-
Dividends
119 637
176 280
-
-
withholding
35 891
52 884
-
-
total
35 891
52 884
-
-
Income
226 000
226 000
226 000
226 000
Total tax
103 475
102 604
114 273
113 332
After tax
122 525
123 396
111 727
112 668
Living cost
38 779
38 779
38 779
38 779
Free-cash
83 746
84 617
72 948
73 889

Estimated living cost  is ₽38779 per week

₽25701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3805
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.
₽8684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101938
₽75881
₽71934
₽89059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 407
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.

-
-
-
76 601
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.

-
-
-
4 213
trade
-
-
-
30 004
total
-
-
-
117 225
Employee

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

47 559
-
226 000
-
surtax

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

224
-
4 213
-
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.

4 086
-
76 601
-
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.

6 407
-
6 407
-
total
10 717
-
87 221
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 441
226 000
-
-
chamber of commerce
397
464
-
-
surtax

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

1 472
1 865
-
-
trade
29 354
37 178
-
-
income
26 767
33 900
-
-
total
57 990
73 407
-
-
Dividends
120 452
152 593
-
-
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.

1 637
2 079
-
-
withholding
29 756
37 792
-
-
total
31 393
39 871
-
-
Income
226 000
226 000
226 000
226 000
Total tax
100 100
113 278
87 221
117 225
After tax
125 900
112 722
138 779
108 775
Living cost
36 841
36 841
36 841
36 841
Free-cash
89 059
75 881
101 938
71 934

Estimated living cost  is ₽36841 per week

₽24640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3885
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.
₽7767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119184
₽134254
₽121007
₽130364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 174
health
-
-
-
5 763
income
-
-
-
53 638
total
-
-
-
74 575
Employee
72 114
72 114
213 969
-
social contributions
3 504
5 985
8 073
-
income
7 573
6 676
52 656
-
health
717
1 226
3 638
-
total
11 794
13 887
64 367
-
Employer
72 114
72 114
213 969
-
health
781
1 335
3 958
-
social contributions
3 504
5 985
8 073
-
total
4 285
7 320
12 031
-
Corporate
179 502
146 566
-
-
income
22 438
18 320
-
-
total
22 438
18 320
-
-
Dividends
157 064
128 246
-
-
withholding
26 701
21 801
-
-
total
26 701
21 801
-
-
Income
226 000
226 000
226 000
226 000
Total tax
65 218
61 328
76 398
74 575
After tax
160 782
164 672
149 602
151 425
Living cost
30 418
30 418
30 418
30 418
Free-cash
130 364
134 254
119 184
121 007

Estimated living cost  is ₽30418 per week

₽20794
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113556
₽109379
₽139104
₽109741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

25 201
10 030
189 121
-
income
3 081
1 226
23 120
-
pensions
2 520
1 003
18 912
-
health
1 764
702
13 238
-
unemployment
378
150
2 837
-
total
7 743
3 081
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.

25 201
10 030
189 121
-
pensions
4 914
1 956
36 879
-
total
4 914
1 956
36 879
-
Corporate
195 885
214 015
-
-
income
17 630
19 261
-
-
total
17 630
19 261
-
-
Dividends
178 256
194 753
-
-
social contributions
34 645
37 862
-
-
withholding
33 869
37 003
-
-
total
68 514
74 865
-
-
Income
226 000
226 000
226 000
226 000
Total tax
98 801
99 163
94 986
69 438
After tax
127 199
126 837
131 014
156 562
Living cost
17 458
17 458
17 458
17 458
Free-cash
109 741
109 379
113 556
139 104

Estimated living cost  is ₽17458 per week

₽11913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107611
₽158147
₽98483
₽152323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 201
total
-
-
-
104 865
Employee
26 604
-
168 909
-
income
2 995
-
32 565
-
pensions
532
-
3 378
-
unemployment
425
-
2 703
-
total
3 952
-
38 646
-
Employer
26 604
-
168 909
-
unemployment
214
-
1 351
-
health
3 458
-
21 958
-
pensions
5 321
-
33 782
-
total
8 993
-
57 091
-
Corporate
190 403
226 000
-
-
income
38 080
45 201
-
-
total
38 080
45 201
-
-
Dividends
152 323
180 799
-
-
total
-
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
51 025
45 201
95 737
104 865
After tax
174 975
180 799
130 263
121 135
Living cost
22 652
22 652
22 652
22 652
Free-cash
152 323
158 147
107 611
98 483

Estimated living cost  is ₽22652 per week

₽15537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104077
-₽2471
₽133502
₽15118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
350
health
-
-
-
2 060
accident
-
-
-
238
income
-
-
-
65 143
pensions
-
-
-
3 930
total
-
-
-
71 721
Employee
32 683
-
207 064
-
income
4 484
-
51 296
-
pensions
3 680
-
7 205
-
health
3 742
-
23 709
-
total
11 906
-
82 210
-
Employer
32 683
-
207 064
-
unemployment
801
-
5 073
-
accident
546
-
3 458
-
pensions
5 315
-
10 405
-
total
6 662
-
18 936
-
Corporate
186 656
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.

167 990
203 400
-
-
total
167 990
203 400
-
-
Dividends
18 665
22 600
-
-
withholding
3 547
4 294
-
-
total
3 547
4 294
-
-
Income
226 000
226 000
226 000
226 000
Total tax
190 105
207 694
101 146
71 721
After tax
35 895
18 306
124 854
154 279
Living cost
20 777
20 777
20 777
20 777
Free-cash
15 118
-2 471
104 077
133 502

Estimated living cost  is ₽20777 per week

₽15228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
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.
₽3965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172984
₽206884
₽215924
₽205419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 769
-
226 000
-
income
1 954
-
45 200
-
total
1 954
-
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%.

216 231
226 000
-
-
total
-
-
-
-
Dividends
216 231
226 000
-
-
withholding
10 811
11 300
-
-
total
10 811
11 300
-
-
Income
226 000
226 000
226 000
226 000
Total tax
12 765
11 300
45 200
2 260
After tax
213 235
214 700
180 800
223 740
Living cost
7 816
7 816
7 816
7 816
Free-cash
205 419
206 884
172 984
215 924

Estimated living cost  is ₽7816 per week

₽4844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111189
₽141053
₽113024
₽134720
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
6 773
health
-
-
-
6 275
income
-
-
-
40 712
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.

-
-
-
34 227
total
-
-
-
87 987
Employee
34 051
-
189 685
-
income
5 862
-
40 102
-
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.

2 383
-
9 982
-
health
477
-
1 997
-
unemployment
340
-
1 426
-
total
9 062
-
53 507
-
Employer
34 051
-
189 685
-
other
1 703
-
7 129
-
unemployment
340
-
1 426
-
health
477
-
1 997
-
accident
272
-
1 518
-
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.

5 789
-
24 245
-
total
8 581
-
36 315
-
Corporate
183 367
226 000
-
-
income
38 507
47 461
-
-
total
38 507
47 461
-
-
Dividends
144 860
178 539
-
-
withholding
10 141
12 497
-
-
total
10 141
12 497
-
-
Income
226 000
226 000
226 000
226 000
Total tax
66 291
59 958
89 822
87 987
After tax
159 709
166 042
136 178
138 013
Living cost
24 989
24 989
24 989
24 989
Free-cash
134 720
141 053
111 189
113 024

Estimated living cost  is ₽24989 per week

₽17656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63088
₽79209
₽83196
₽86669
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 263
pensions
-
-
-
9 591
total
-
-
-
80 854
Employee
87 650
-
196 842
-
income
15 800
-
57 858
-
health
1 444
-
2 610
-
pensions
8 456
-
11 337
-
total
25 700
-
71 805
-
Employer
87 650
-
196 842
-
health
1 665
-
3 739
-
pensions
10 349
-
25 418
-
total
12 014
-
29 157
-
Corporate
126 337
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.

24 005
42 940
-
-
total
24 005
42 940
-
-
Dividends
102 332
183 060
-
-
withholding
15 662
41 901
-
-
total
15 662
41 901
-
-
Income
226 000
226 000
226 000
226 000
Total tax
77 381
84 841
100 962
80 854
After tax
148 619
141 159
125 038
145 146
Living cost
61 950
61 950
61 950
61 950
Free-cash
86 669
79 209
63 088
83 196

Estimated living cost  is ₽61950 per week

₽46420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽180768
₽181037
₽171233
₽176716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 736
income
-
-
-
33 900
pensions

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

-
-
-
4 808
unemployment
-
-
-
130
total
-
-
-
42 574
Employee
16 145
-
219 627
-
income
1 614
-
21 963
-
accident

We are using the highest rate at 1.1%.

178
-
357
-
pensions

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

1 418
-
2 852
-
health
743
-
1 494
-
total
3 953
-
26 666
-
Employer
16 145
-
219 627
-
unemployment
97
-
195
-
health
1 114
-
2 241
-
accident

We are using the highest rate at 1.1%.

178
-
357
-
pensions

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

1 779
-
3 580
-
total
3 168
-
6 373
-
Corporate
206 687
226 000
-
-
income
20 669
22 600
-
-
total
20 669
22 600
-
-
Dividends
186 018
203 400
-
-
withholding
9 301
10 170
-
-
total
9 301
10 170
-
-
Income
226 000
226 000
226 000
226 000
Total tax
37 091
32 770
33 039
42 574
After tax
188 909
193 230
192 961
183 426
Living cost
12 193
12 193
12 193
12 193
Free-cash
176 716
181 037
180 768
171 233

Estimated living cost  is ₽12193 per week

₽7118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽323
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92507
₽60793
₽68537
₽63155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 564
income
-
-
-
82 908
pensions
-
-
-
10 988
total
-
-
-
105 460
Employee
86 948
80 086
208 572
-
income

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

13 109
13 109
41 509
-
pensions
10 988
10 988
10 988
-
health
10 847
10 456
11 564
-
total
34 944
34 553
64 061
-
Employer
86 948
80 086
208 572
-
unemployment
3 130
2 883
3 583
-
health
6 042
5 567
6 918
-
pensions
6 051
5 574
6 928
-
total
15 223
14 024
17 429
-
Corporate
123 829
131 890
-
-
income
24 766
26 379
-
-
total
24 766
26 379
-
-
Dividends
99 063
105 512
-
-
income
21 050
22 421
-
-
withholding
14 859
15 827
-
-
total
35 909
38 248
-
-
Income
226 000
226 000
226 000
226 000
Total tax
110 842
113 204
81 490
105 460
After tax
115 158
112 796
144 510
120 540
Living cost
52 003
52 003
52 003
52 003
Free-cash
63 155
60 793
92 507
68 537

Estimated living cost  is ₽52003 per week

₽38361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101336
₽132479
₽111384
₽124230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 272
health
-
-
-
30 510
income
-
-
-
24 333
solidarity contribution
-
-
-
3 379
total
-
-
-
91 494
Employee
34 004
-
181 205
-
social contributions
2 210
-
7 407
-
solidarity contribution
-
-
2 477
-
income
4 080
-
22 400
-
health
4 591
-
24 463
-
total
10 881
-
56 747
-
Employer
34 004
-
181 205
-
health
3 060
-
16 308
-
social contributions
8 501
-
28 487
-
total
11 561
-
44 795
-
Corporate
180 435
226 000
-
-
income
34 283
42 940
-
-
total
34 283
42 940
-
-
Dividends
146 152
183 060
-
-
withholding
21 923
27 459
-
-
total
21 923
27 459
-
-
Income
226 000
226 000
226 000
226 000
Total tax
78 648
70 399
101 542
91 494
After tax
147 352
155 601
124 458
134 506
Living cost
23 122
23 122
23 122
23 122
Free-cash
124 230
132 479
101 336
111 384

Estimated living cost  is ₽23122 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62337
₽81007
₽70285
₽76112
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 938
national
-
-
-
64 841
regional
-
-
-
2 930
municipal
-
-
-
1 433
total
-
-
-
116 142
Employee
83 348
-
226 000
-
social contributions
28 105
-
61 536
-
municipal
441
-
1 315
-
national
14 442
-
58 564
-
regional
786
-
2 675
-
total
43 774
-
124 090
-
Employer
83 348
-
226 000
-
total
-
-
-
-
Corporate
142 652
226 000
-
-
nationa
34 236
54 240
-
-
municipal
5 563
8 815
-
-
total
39 799
63 055
-
-
Dividends
102 853
162 946
-
-
withholding
26 742
42 365
-
-
total
26 742
42 365
-
-
Income
226 000
226 000
226 000
226 000
Total tax
110 315
105 420
124 090
116 142
After tax
115 685
120 580
101 910
109 858
Living cost
39 573
39 573
39 573
39 573
Free-cash
76 112
81 007
62 337
70 285

Estimated living cost  is ₽39573 per week

₽27585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79715
₽121460
₽85449
₽118543
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
8 886
income
-
-
-
73 170
pensions
-
-
-
25 033
surtax
-
-
-
12 554
unemployment
-
-
-
214
total
-
-
-
119 857
Employee
31 013
-
199 653
-
surtax
101
-
11 431
-
income
5 198
-
67 561
-
other
-
-
-
-
pensions
2 068
-
8 349
-
health
792
-
3 191
-
unemployment
2 159
-
8 712
-
total
10 318
-
99 244
-
Employer
31 013
-
199 653
-
other
-
-
-
-
unemployment
982
-
3 967
-
health
1 411
-
5 695
-
pensions
4 134
-
16 685
-
total
6 527
-
26 347
-
Corporate
188 459
226 000
-
-
income
49 000
58 760
-
-
total
49 000
58 760
-
-
Dividends
139 459
167 240
-
-
withholding
20 918
25 086
-
-
total
20 918
25 086
-
-
Income
226 000
226 000
226 000
226 000
Total tax
86 763
83 846
125 591
119 857
After tax
139 237
142 154
100 409
106 143
Living cost
20 694
20 694
20 694
20 694
Free-cash
118 543
121 460
79 715
85 449

Estimated living cost  is ₽20694 per week

₽12654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82716
₽98837
₽102824
₽104957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 263
pensions
-
-
-
9 591
total
-
-
-
80 854
Employee
58 740
-
196 842
-
income
10 579
-
57 858
-
health
853
-
2 610
-
pensions
4 986
-
11 337
-
total
16 418
-
71 805
-
Employer
58 740
-
196 842
-
health
1 116
-
3 739
-
pensions
6 359
-
25 418
-
total
7 475
-
29 157
-
Corporate
159 785
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.

30 359
42 940
-
-
total
30 359
42 940
-
-
Dividends
129 426
183 060
-
-
withholding
24 469
41 901
-
-
total
24 469
41 901
-
-
Income
226 000
226 000
226 000
226 000
Total tax
78 721
84 841
100 962
80 854
After tax
147 279
141 159
125 038
145 146
Living cost
42 322
42 322
42 322
42 322
Free-cash
104 957
98 837
82 716
102 824

Estimated living cost  is ₽42322 per week

₽31708
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽95787
₽28167
₽103801
₽60333
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 520
health
-
-
-
508
pensions
-
-
-
20 793
city
-
-
-
2 383
national
-
-
-
6 022
regional
-
-
-
12 796
total
-
-
-
47 022
Employee
87 977
-
203 541
-
national
416
-
5 025
-
city
944
-
2 203
-
pensions
7 391
-
15 690
-
health
199
-
458
-
regional
2 881
-
11 442
-
unemployment
-
-
-
-
total
11 831
-
34 818
-
Employer
87 977
-
203 541
-
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.

1 759
-
4 070
-
unemployment
-
-
-
-
health
199
-
458
-
pensions
7 391
-
15 690
-
total
9 349
-
20 218
-
Corporate
127 707
226 000
-
-
regional
27 010
47 800
-
-
national
10 855
19 210
-
-
total
37 865
67 010
-
-
Dividends
89 842
158 991
-
-
withholding
31 445
55 646
-
-
total
31 445
55 646
-
-
Income
226 000
226 000
226 000
226 000
Total tax
90 490
122 656
55 036
47 022
After tax
135 510
103 344
170 964
178 978
Living cost
75 177
75 177
75 177
75 177
Free-cash
60 333
28 167
95 787
103 801

Estimated living cost  is ₽75177 per week

₽48887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽923
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18621
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽95817
₽68598
₽64535
₽83808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 407
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.

-
-
-
76 601
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.

-
-
-
4 213
trade
-
-
-
31 282
total
-
-
-
118 503
Employee

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

56 361
-
226 000
-
surtax

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

365
-
4 213
-
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.

6 628
-
76 601
-
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.

6 407
-
6 407
-
total
13 400
-
87 221
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 639
226 000
-
-
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.

1 399
1 865
-
-
trade
29 093
38 760
-
-
income
25 446
33 900
-
-
total
56 319
74 986
-
-
Dividends
113 320
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.

1 538
2 057
-
-
withholding
27 973
37 397
-
-
total
29 511
39 454
-
-
Income
226 000
226 000
226 000
226 000
Total tax
99 230
114 440
87 221
118 503
After tax
126 770
111 560
138 779
107 497
Living cost
42 962
42 962
42 962
42 962
Free-cash
83 808
68 598
95 817
64 535

Estimated living cost  is ₽42962 per week

₽31378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82710
₽81819
₽90281
₽87357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
7 007
social contributions
-
-
-
6 439
health
-
-
-
11 454
income
-
-
-
44 230
pensions
-
-
-
34 503
surtax
-
-
-
-
total
-
-
-
103 633
Employee
40 137
-
171 730
-
surtax
-
-
-
-
social contributions
1 144
-
4 892
-
income
2 369
-
38 782
-
pensions
4 538
-
13 260
-
total
8 051
-
56 934
-
Employer
40 137
-
171 730
-
other
1 385
-
7 262
-
unemployment
1 625
-
6 955
-
health
2 810
-
17 451
-
pensions
6 594
-
22 088
-
social contributions
121
-
514
-
total
12 535
-
54 270
-
Corporate
173 328
226 000
-
-
surtax
-
-
-
-
income
48 532
63 280
-
-
total
48 532
63 280
-
-
Dividends
124 796
162 720
-
-
social contributions
21 465
27 987
-
-
surtax
-
-
-
-
withholding
15 974
20 828
-
-
total
37 439
48 815
-
-
Income
226 000
226 000
226 000
226 000
Total tax
106 557
112 095
111 204
103 633
After tax
119 443
113 905
114 796
122 367
Living cost
32 086
32 086
32 086
32 086
Free-cash
87 357
81 819
82 710
90 281

Estimated living cost  is ₽32086 per week

₽20232
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85889
₽84998
₽93460
₽90207
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
7 007
social contributions
-
-
-
6 439
health
-
-
-
11 454
income
-
-
-
44 230
pensions
-
-
-
34 503
surtax
-
-
-
-
total
-
-
-
103 633
Employee
35 828
-
171 730
-
surtax
-
-
-
-
social contributions
1 022
-
4 892
-
income
1 847
-
38 782
-
pensions
4 052
-
13 260
-
total
6 921
-
56 934
-
Employer
35 828
-
171 730
-
other
1 237
-
7 262
-
unemployment
1 450
-
6 955
-
health
2 508
-
17 451
-
pensions
5 887
-
22 088
-
social contributions
107
-
514
-
total
11 189
-
54 270
-
Corporate
178 983
226 000
-
-
surtax
-
-
-
-
income
50 116
63 280
-
-
total
50 116
63 280
-
-
Dividends
128 867
162 720
-
-
social contributions
22 166
27 987
-
-
surtax
-
-
-
-
withholding
16 494
20 828
-
-
total
38 660
48 815
-
-
Income
226 000
226 000
226 000
226 000
Total tax
106 886
112 095
111 204
103 633
After tax
119 114
113 905
114 796
122 367
Living cost
28 907
28 907
28 907
28 907
Free-cash
90 207
84 998
85 889
93 460

Estimated living cost  is ₽28907 per week

₽16765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118805
₽117995
₽125252
₽118481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 187
health
-
-
-
15 775
income
-
-
-
33 900
total
-
-
-
80 862
Employee
31 798
-
226 000
-
social contributions
4 389
-
31 187
-
income
5 303
-
40 347
-
health
2 219
-
15 775
-
total
11 911
-
87 309
-
Employer
31 798
-
226 000
-
total
-
-
-
-
Corporate
194 202
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%.

9 710
11 299
-
-
total
9 710
11 299
-
-
Dividends
184 492
214 701
-
-
social contributions
25 460
29 628
-
-
withholding
27 674
32 205
-
-
health
12 878
14 987
-
-
total
66 012
76 820
-
-
Income
226 000
226 000
226 000
226 000
Total tax
87 633
88 119
87 309
80 862
After tax
138 367
137 881
138 691
145 138
Living cost
19 886
19 886
19 886
19 886
Free-cash
118 481
117 995
118 805
125 252

Estimated living cost  is ₽19886 per week

₽13309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1226
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.
₽4892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25876
₽91422
₽82487
₽89968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 381
income
-
-
-
74 977
chamber of commerce
-
-
-
904
pensions
-
-
-
20 269
surtax
-
-
-
185
unemployment
-
-
-
5 752
total
-
-
-
110 468
Employee
46 868
37 373
188 520
-
income
5 336
2 757
63 517
-
other
468
374
1 096
-
pensions
4 800
3 826
11 219
-
health
1 814
1 447
4 239
-
unemployment
1 406
1 121
3 287
-
total
13 824
9 525
83 358
-
Employer
46 868
37 373
188 520
-
other
2 226
1 774
8 283
-
unemployment
1 406
1 121
3 287
-
health
1 771
1 413
4 141
-
surtax
185
185
185
-
accident
609
486
1 424
-
pensions
5 882
4 691
13 750
-
payroll
1 406
1 121
5 656
-
chamber of commerce
187
149
755
-
total
13 672
10 940
37 481
-
Corporate
165 460
177 685
184 960
-
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.

41 365
44 421
46 240
-
total
41 365
44 421
46 240
-
Dividends
124 095
133 264
-
-
withholding
34 126
36 647
-
-
total
34 126
36 647
-
-
Income
226 000
226 000
226 000
226 000
Total tax
102 987
101 533
167 079
110 468
After tax
123 013
124 467
58 921
115 532
Living cost
33 045
33 045
33 045
33 045
Free-cash
89 968
91 422
25 876
82 487

Estimated living cost  is ₽33045 per week

₽22040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41979
₽88989
₽64180
₽78010
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 381
communal

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

-
-
-
12 157
national
-
-
-
92 088
total
-
-
-
127 626
Employee

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

67 083
-
175 044
-
national
20 624
-
66 861
-
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.

5 031
-
13 129
-
health

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

3 152
-
8 228
-
communal

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

3 499
-
9 130
-
unemployment

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

584
-
1 523
-
total
32 890
-
98 871
-
Employer

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

67 083
-
175 044
-
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.

979
-
2 556
-
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.

4 125
-
10 765
-
surtax
7 606
-
19 851
-
accident

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

872
-
2 276
-
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.

5 944
-
15 508
-
total
19 526
-
50 956
-
Corporate
139 390
226 000
-
-
surtax
557
991
-
-
income
27 879
49 523
-
-
total
28 436
50 514
-
-
Dividends
110 955
175 485
-
-
withholding

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

32 944
52 303
-
-
total
32 944
52 303
-
-
Income
226 000
226 000
226 000
226 000
Total tax
113 796
102 817
149 827
127 626
After tax
112 204
123 183
76 173
98 374
Living cost
34 194
34 194
34 194
34 194
Free-cash
78 010
88 989
41 979
64 180

Estimated living cost  is ₽34194 per week

₽22025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2990
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.
₽8644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88347
₽116042
₽92280
₽109618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
73 773
pensions
-
-
-
24 599
unemployment
-
-
-
609
total
-
-
-
99 851
Employee
46 682
-
198 288
-
income
9 850
-
70 553
-
other
46
-
87
-
pensions
2 194
-
4 086
-
unemployment
724
-
1 347
-
total
12 814
-
76 073
-
Employer
46 682
-
198 288
-
other
372
-
696
-
unemployment
2 568
-
4 780
-
accident
924
-
1 721
-
pensions
11 016
-
20 514
-
total
14 880
-
27 711
-
Corporate
164 438
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.

24 666
33 900
-
-
total
24 666
33 900
-
-
Dividends
139 771
192 100
-
-
withholding
30 153
42 189
-
-
total
30 153
42 189
-
-
Income
226 000
226 000
226 000
226 000
Total tax
82 513
76 089
103 784
99 851
After tax
143 487
149 911
122 216
126 149
Living cost
33 869
33 869
33 869
33 869
Free-cash
109 618
116 042
88 347
92 280

Estimated living cost  is ₽33869 per week

₽24941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62970
₽75707
₽54339
₽62805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 665
accident
-
-
-
1 879
income
-
-
-
44 198
pensions
-
-
-
33 417
communal
-
-
-
14 284
surtax
-
-
-
11 253
total
-
-
-
120 696
Employee
71 020
-
201 875
-
surtax
4 353
-
12 372
-
income
6 860
-
50 432
-
pensions
5 681
-
16 151
-
health
3 161
-
8 984
-
total
20 055
-
87 939
-
Employer
71 020
-
201 875
-
health
2 166
-
6 158
-
accident
639
-
1 817
-
pensions
5 681
-
16 151
-
total
8 486
-
24 126
-
Corporate
146 494
226 000
-
-
surtax
1 538
2 372
-
-
income
21 974
33 900
-
-
communal
9 888
15 255
-
-
total
33 400
51 527
-
-
Dividends
113 095
174 473
-
-
income
33 325
21 631
-
-
withholding
16 964
26 170
-
-
total
50 289
47 801
-
-
Income
226 000
226 000
226 000
226 000
Total tax
112 230
99 328
112 065
120 696
After tax
113 770
126 672
113 935
105 304
Living cost
50 965
50 965
50 965
50 965
Free-cash
62 805
75 707
62 970
54 339

Estimated living cost  is ₽50965 per week

₽38231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79345
₽121090
₽85079
₽118107
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
-
health
-
-
-
8 886
income
-
-
-
73 170
pensions
-
-
-
25 033
surtax
-
-
-
12 554
unemployment
-
-
-
214
total
-
-
-
119 857
Employee
31 582
-
199 653
-
surtax
112
-
11 431
-
income
5 295
-
67 561
-
other
-
-
-
-
pensions
2 107
-
8 349
-
health
806
-
3 191
-
unemployment
2 198
-
8 712
-
total
10 518
-
99 244
-
Employer
31 582
-
199 653
-
other
-
-
-
-
unemployment
1 002
-
3 967
-
health
1 436
-
5 695
-
pensions
4 211
-
16 685
-
total
6 649
-
26 347
-
Corporate
187 769
226 000
-
-
income
48 820
58 760
-
-
total
48 820
58 760
-
-
Dividends
138 948
167 240
-
-
withholding
20 842
25 086
-
-
total
20 842
25 086
-
-
Income
226 000
226 000
226 000
226 000
Total tax
86 829
83 846
125 591
119 857
After tax
139 171
142 154
100 409
106 143
Living cost
21 064
21 064
21 064
21 064
Free-cash
118 107
121 090
79 345
85 079

Estimated living cost  is ₽21064 per week

₽12718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75984
₽93528
₽83890
₽91445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 938
national
-
-
-
64 841
regional
-
-
-
3 635
municipal
-
-
-
1 433
total
-
-
-
116 847
Employee
52 022
-
226 000
-
social contributions
17 542
-
61 536
-
municipal
276
-
1 315
-
national
8 242
-
58 564
-
regional
700
-
3 338
-
total
26 760
-
124 753
-
Employer
52 022
-
226 000
-
total
-
-
-
-
Corporate
173 978
226 000
-
-
nationa
41 755
54 240
-
-
municipal
8 648
11 232
-
-
total
50 403
65 472
-
-
Dividends
123 575
160 529
-
-
withholding
32 129
41 737
-
-
total
32 129
41 737
-
-
Income
226 000
226 000
226 000
226 000
Total tax
109 292
107 209
124 753
116 847
After tax
116 708
118 791
101 247
109 153
Living cost
25 263
25 263
25 263
25 263
Free-cash
91 445
93 528
75 984
83 890

Estimated living cost  is ₽25263 per week

₽15711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2559
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95965
₽127108
₽106013
₽116943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 272
health
-
-
-
30 510
income
-
-
-
24 333
solidarity contribution
-
-
-
3 379
total
-
-
-
91 494
Employee
41 901
-
181 205
-
social contributions
2 724
-
7 407
-
solidarity contribution
-
-
2 477
-
income
5 028
-
22 400
-
health
5 657
-
24 463
-
total
13 409
-
56 747
-
Employer
41 901
-
181 205
-
health
3 771
-
16 308
-
social contributions
10 475
-
28 487
-
total
14 246
-
44 795
-
Corporate
169 852
226 000
-
-
income
32 272
42 940
-
-
total
32 272
42 940
-
-
Dividends
137 580
183 060
-
-
withholding
20 637
27 459
-
-
total
20 637
27 459
-
-
Income
226 000
226 000
226 000
226 000
Total tax
80 564
70 399
101 542
91 494
After tax
145 436
155 601
124 458
134 506
Living cost
28 493
28 493
28 493
28 493
Free-cash
116 943
127 108
95 965
106 013

Estimated living cost  is ₽28493 per week

₽21189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
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.
₽5232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29045
₽94646
₽85797
₽94181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 381
income
-
-
-
74 977
chamber of commerce
-
-
-
904
pensions
-
-
-
20 269
surtax
-
-
-
-
unemployment
-
-
-
5 752
total
-
-
-
110 283
Employee
40 995
37 373
188 692
-
income
3 652
2 757
63 603
-
other
409
374
1 096
-
pensions
4 198
3 826
11 219
-
health
1 586
1 447
4 239
-
unemployment
1 230
1 121
3 287
-
total
11 075
9 525
83 444
-
Employer
40 995
37 373
188 692
-
other
1 947
1 774
8 290
-
unemployment
1 230
1 121
3 287
-
health
1 550
1 413
4 141
-
surtax
-
-
-
-
accident
532
486
1 424
-
pensions
5 145
4 691
13 750
-
payroll
1 230
1 121
5 661
-
chamber of commerce
164
149
755
-
total
11 798
10 755
37 308
-
Corporate
173 208
177 870
185 133
-
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.

43 302
44 467
46 283
-
total
43 302
44 467
46 283
-
Dividends
129 906
133 403
-
-
withholding
35 724
36 687
-
-
total
35 724
36 687
-
-
Income
226 000
226 000
226 000
226 000
Total tax
101 899
101 434
167 035
110 283
After tax
124 101
124 566
58 965
115 717
Living cost
29 920
29 920
29 920
29 920
Free-cash
94 181
94 646
29 045
85 797

Estimated living cost  is ₽29920 per week

₽17948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168620
₽202520
₽211560
₽200236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 225
-
226 000
-
income
3 045
-
45 200
-
total
3 045
-
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%.

210 775
226 000
-
-
total
-
-
-
-
Dividends
210 775
226 000
-
-
withholding
10 539
11 300
-
-
total
10 539
11 300
-
-
Income
226 000
226 000
226 000
226 000
Total tax
13 584
11 300
45 200
2 260
After tax
212 416
214 700
180 800
223 740
Living cost
12 180
12 180
12 180
12 180
Free-cash
200 236
202 520
168 620
211 560

Estimated living cost  is ₽12180 per week

₽8242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽511
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73279
₽130447
₽78186
₽122602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 237
income
-
-
-
58 812
pensions
-
-
-
41 273
unemployment
-
-
-
338
total
-
-
-
122 660
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.

41 471
-
195 553
-
income
7 152
-
53 904
-
pensions
6 428
-
30 310
-
health
2 678
-
12 632
-
unemployment
59
-
274
-
total
16 317
-
97 120
-
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.

41 471
-
195 553
-
unemployment
25
-
117
-
health
2 762
-
13 024
-
pensions
3 670
-
17 306
-
total
6 457
-
30 447
-
Corporate
178 073
226 000
-
-
income
33 834
42 940
-
-
total
33 834
42 940
-
-
Dividends
144 239
183 060
-
-
withholding
21 636
27 459
-
-
total
21 636
27 459
-
-
Income
226 000
226 000
226 000
226 000
Total tax
78 244
70 399
127 567
122 660
After tax
147 756
155 601
98 433
103 340
Living cost
25 154
25 154
25 154
25 154
Free-cash
122 602
130 447
73 279
78 186

Estimated living cost  is ₽25154 per week

₽17263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170714
₽95130
₽113816
₽48424
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
60 750
-
-
-
social contributions
4 982
-
710
-
income
13 400
-
-
-
total
18 382
-
710
-
Employer
60 750
-
-
-
social contributions
85 658
-
12 208
-
total
85 658
-
12 208
-
Corporate
79 592
226 000
-
-
income
17 510
49 720
-
-
total
17 510
49 720
-
-
Dividends
62 082
176 280
-
-
income
13 658
38 782
-
-
total
13 658
38 782
-
-
Income
226 000
226 000
226 000
226 000
Total tax
135 208
88 502
12 918
69 816
After tax
90 792
137 498
213 082
156 184
Living cost
42 368
42 368
42 368
42 368
Free-cash
48 424
95 130
170 714
113 816

Estimated living cost  is ₽42368 per week

₽27490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69508
₽99132
₽87716
₽98188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
78 534
income
-
-
-
30 334
surtax
-
-
-
-
total
-
-
-
108 868
Employee
43 132
-
182 625
-
surtax
-
-
504
-
social contributions
4 745
-
20 089
-
income
8 972
-
63 110
-
total
13 717
-
83 703
-
Employer
43 132
-
182 625
-
social contributions
10 244
-
43 373
-
total
10 244
-
43 373
-
Corporate
172 624
226 000
-
-
surtax
-
-
-
-
income
36 250
47 461
-
-
total
36 250
47 461
-
-
Dividends
136 373
178 539
-
-
withholding
38 185
49 991
-
-
total
38 185
49 991
-
-
Income
226 000
226 000
226 000
226 000
Total tax
98 396
97 452
127 076
108 868
After tax
127 604
128 548
98 924
117 132
Living cost
29 416
29 416
29 416
29 416
Free-cash
98 188
99 132
69 508
87 716

Estimated living cost  is ₽29416 per week

₽22009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69501
₽68610
₽77072
₽75055
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
7 007
social contributions
-
-
-
6 439
health
-
-
-
11 454
income
-
-
-
44 230
pensions
-
-
-
34 503
surtax
-
-
-
-
total
-
-
-
103 633
Employee
58 737
-
171 730
-
surtax
-
-
-
-
social contributions
1 673
-
4 892
-
income
5 125
-
38 782
-
pensions
6 644
-
13 260
-
total
13 442
-
56 934
-
Employer
58 737
-
171 730
-
other
2 027
-
7 262
-
unemployment
2 379
-
6 955
-
health
4 111
-
17 451
-
pensions
9 651
-
22 088
-
social contributions
176
-
514
-
total
18 344
-
54 270
-
Corporate
148 918
226 000
-
-
surtax
-
-
-
-
income
41 696
63 280
-
-
total
41 696
63 280
-
-
Dividends
107 221
162 720
-
-
social contributions
18 443
27 987
-
-
surtax
-
-
-
-
withholding
13 725
20 828
-
-
total
32 168
48 815
-
-
Income
226 000
226 000
226 000
226 000
Total tax
105 650
112 095
111 204
103 633
After tax
120 350
113 905
114 796
122 367
Living cost
45 295
45 295
45 295
45 295
Free-cash
75 055
68 610
69 501
77 072

Estimated living cost  is ₽45295 per week

₽30655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142164
₽175210
₽136156
₽172061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 933
social contributions
-
-
-
49 721
total
-
-
-
61 654
Employee
30 150
-
195 671
-
income
-
-
12 600
-
social contributions
1 959
-
12 718
-
total
1 959
-
25 318
-
Employer
30 150
-
195 671
-
social contributions
4 673
-
30 328
-
total
4 673
-
30 328
-
Corporate
191 177
226 000
-
-
income
19 117
22 600
-
-
total
19 117
22 600
-
-
Dividends
172 059
203 400
-
-
total
-
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
25 749
22 600
55 646
61 654
After tax
200 251
203 400
170 354
164 346
Living cost
28 190
28 190
28 190
28 190
Free-cash
172 061
175 210
142 164
136 156

Estimated living cost  is ₽28190 per week

₽18228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21983
₽21983
₽84666
₽11875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
18 015
pensions
-
-
-
812
national
-
-
-
28 521
municipal
-
-
-
48 890
total
-
-
-
96 238
Employee
190 341
190 341
190 341
-
labour market
15 206
15 206
15 206
-
municipal
40 532
40 532
40 532
-
national
23 254
23 254
23 254
-
pensions
271
271
271
-
total
79 263
79 263
79 263
-
Employer
190 341
190 341
190 341
-
national
23 294
23 294
23 294
-
labour market
15 227
15 227
15 227
-
pensions
541
541
541
-
municipal
40 596
40 596
40 596
-
total
79 658
79 658
79 658
-
Corporate
21 983
-
-
-
income
4 836
-
-
-
total
4 836
-
-
-
Dividends
17 147
-
-
-
withholding
5 272
-
-
-
total
5 272
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
169 029
158 921
158 921
96 238
After tax
56 971
67 079
67 079
129 762
Living cost
45 096
45 096
45 096
45 096
Free-cash
11 875
21 983
21 983
84 666

Estimated living cost  is ₽45096 per week

₽30864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽694
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104383
-₽2165
₽133808
₽15166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
350
health
-
-
-
2 060
accident
-
-
-
238
income
-
-
-
65 143
pensions
-
-
-
3 930
total
-
-
-
71 721
Employee
32 202
-
207 064
-
income
4 418
-
51 296
-
pensions
3 626
-
7 205
-
health
3 687
-
23 709
-
total
11 731
-
82 210
-
Employer
32 202
-
207 064
-
unemployment
789
-
5 073
-
accident
538
-
3 458
-
pensions
5 236
-
10 405
-
total
6 563
-
18 936
-
Corporate
187 236
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.

168 512
203 400
-
-
total
168 512
203 400
-
-
Dividends
18 723
22 600
-
-
withholding
3 557
4 294
-
-
total
3 557
4 294
-
-
Income
226 000
226 000
226 000
226 000
Total tax
190 363
207 694
101 146
71 721
After tax
35 637
18 306
124 854
154 279
Living cost
20 471
20 471
20 471
20 471
Free-cash
15 166
-2 165
104 383
133 808

Estimated living cost  is ₽20471 per week

₽14900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75041
₽101816
₽100928
₽104730
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 090
national
-
-
-
45 854
municipal
-
-
-
40 123
total
-
-
-
89 067
Employee
49 341
-
190 123
-
municipal
8 082
-
30 942
-
national
815
-
29 915
-
pensions
3 330
-
12 833
-
health
368
-
2 536
-
unemployment
740
-
2 851
-
total
13 335
-
79 077
-
Employer
49 341
-
190 123
-
unemployment
320
-
1 235
-
health
379
-
1 465
-
accident
50
-
190
-
pensions
8 560
-
32 987
-
total
9 309
-
35 877
-
Corporate
167 350
226 000
-
-
income
33 471
45 201
-
-
total
33 471
45 201
-
-
Dividends

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

100 409
135 600
-
-
national
11 075
18 570
-
-
municipal
18 075
24 408
-
-
total
29 150
42 978
-
-
Income
226 000
226 000
226 000
226 000
Total tax
85 265
88 179
114 954
89 067
After tax
140 735
137 821
111 046
136 933
Living cost
36 005
36 005
36 005
36 005
Free-cash
104 730
101 816
75 041
100 928

Estimated living cost  is ₽36005 per week

₽23519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127889
₽142959
₽129712
₽137855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 174
health
-
-
-
5 763
income
-
-
-
53 638
total
-
-
-
74 575
Employee
72 114
72 114
213 969
-
social contributions
2 726
5 985
8 073
-
income
7 852
6 676
52 656
-
health
559
1 226
3 638
-
total
11 137
13 887
64 367
-
Employer
72 114
72 114
213 969
-
health
607
1 335
3 958
-
social contributions
2 726
5 985
8 073
-
total
3 333
7 320
12 031
-
Corporate
189 816
146 566
-
-
income
23 727
18 320
-
-
total
23 727
18 320
-
-
Dividends
166 089
128 246
-
-
withholding
28 235
21 801
-
-
total
28 235
21 801
-
-
Income
226 000
226 000
226 000
226 000
Total tax
66 432
61 328
76 398
74 575
After tax
159 568
164 672
149 602
151 425
Living cost
21 713
21 713
21 713
21 713
Free-cash
137 855
142 959
127 889
129 712

Estimated living cost  is ₽21713 per week

₽13013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159417
₽172261
₽178227
₽167490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 394
income
-
-
-
23 496
pensions
-
-
-
5 966
unemployment
-
-
-
27
total
-
-
-
32 883
Employee

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

21 526
-
216 835
-
income
1 472
-
21 171
-
pensions
3 228
-
13 348
-
health
1 830
-
7 564
-
unemployment
107
-
445
-
total
6 637
-
42 528
-
Employer

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

21 526
-
216 835
-
unemployment
107
-
445
-
health
925
-
3 826
-
pensions
1 183
-
4 894
-
total
2 215
-
9 165
-
Corporate
202 258
226 000
-
-
income
18 203
20 340
-
-
total
18 203
20 340
-
-
Dividends
184 055
205 660
-
-
withholding
16 565
18 509
-
-
total
16 565
18 509
-
-
Income
226 000
226 000
226 000
226 000
Total tax
43 620
38 849
51 693
32 883
After tax
182 380
187 151
174 307
193 117
Living cost
14 890
14 890
14 890
14 890
Free-cash
167 490
172 261
159 417
178 227

Estimated living cost  is ₽14890 per week

₽9500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96427
₽124122
₽100360
₽119980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
73 773
pensions
-
-
-
24 599
unemployment
-
-
-
609
total
-
-
-
99 851
Employee
34 677
-
198 288
-
income
6 685
-
70 553
-
other
34
-
87
-
pensions
1 630
-
4 086
-
unemployment
537
-
1 347
-
total
8 886
-
76 073
-
Employer
34 677
-
198 288
-
other
278
-
696
-
unemployment
1 908
-
4 780
-
accident
687
-
1 721
-
pensions
8 183
-
20 514
-
total
11 056
-
27 711
-
Corporate
180 268
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.

27 041
33 900
-
-
total
27 041
33 900
-
-
Dividends
153 227
192 100
-
-
withholding
33 248
42 189
-
-
total
33 248
42 189
-
-
Income
226 000
226 000
226 000
226 000
Total tax
80 231
76 089
103 784
99 851
After tax
145 769
149 911
122 216
126 149
Living cost
25 789
25 789
25 789
25 789
Free-cash
119 980
124 122
96 427
100 360

Estimated living cost  is ₽25789 per week

₽17407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144019
₽139287
₽144143
₽139003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
919
income
-
-
-
77 934
pensions
-
-
-
1 267
total
-
-
-
80 120
Employee
2 646
-
224 574
-
income
512
-
77 868
-
pensions
238
-
570
-
health
132
-
317
-
unemployment
26
-
63
-
total
908
-
78 818
-
Employer
2 646
-
224 574
-
unemployment
53
-
127
-
health
251
-
602
-
pensions
291
-
697
-
total
595
-
1 426
-
Corporate
222 758
226 000
-
-
income
49 007
49 720
-
-
total
49 007
49 720
-
-
Dividends
173 751
176 280
-
-
withholding
34 750
35 256
-
-
total
34 750
35 256
-
-
Income
226 000
226 000
226 000
226 000
Total tax
85 260
84 976
80 244
80 120
After tax
140 740
141 024
145 756
145 880
Living cost
1 737
1 737
1 737
1 737
Free-cash
139 003
139 287
144 019
144 143

Estimated living cost  is ₽1737 per week

₽1032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131078
₽147099
₽131078
₽142495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 124
income
-
-
-
52 590
pensions
-
-
-
17 984
unemployment
-
-
-
1 038
total
-
-
-
78 736
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.

24 408
-
213 619
-
income
3 364
-
52 590
-
pensions
3 417
-
9 684
-
health
1 257
-
3 562
-
unemployment
183
-
519
-
total
8 221
-
66 355
-
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.

24 408
-
213 619
-
unemployment
183
-
519
-
health
1 257
-
3 562
-
pensions
2 929
-
8 300
-
total
4 369
-
12 381
-
Corporate
197 223
226 000
-
-
income
29 583
33 900
-
-
total
29 583
33 900
-
-
Dividends
167 640
192 100
-
-
withholding
25 146
28 815
-
-
total
25 146
28 815
-
-
Income
226 000
226 000
226 000
226 000
Total tax
67 319
62 715
78 736
78 736
After tax
158 681
163 285
147 264
147 264
Living cost
16 186
16 186
16 186
16 186
Free-cash
142 495
147 099
131 078
131 078

Estimated living cost  is ₽16186 per week

₽10898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73641
₽103265
₽91849
₽102928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
78 534
income
-
-
-
30 334
surtax
-
-
-
-
total
-
-
-
108 868
Employee
36 399
-
182 625
-
surtax
-
-
504
-
social contributions
4 004
-
20 089
-
income
7 112
-
63 110
-
total
11 116
-
83 703
-
Employer
36 399
-
182 625
-
social contributions
8 644
-
43 373
-
total
8 644
-
43 373
-
Corporate
180 957
226 000
-
-
surtax
-
-
-
-
income
38 002
47 461
-
-
total
38 002
47 461
-
-
Dividends
142 955
178 539
-
-
withholding
40 027
49 991
-
-
total
40 027
49 991
-
-
Income
226 000
226 000
226 000
226 000
Total tax
97 789
97 452
127 076
108 868
After tax
128 211
128 548
98 924
117 132
Living cost
25 283
25 283
25 283
25 283
Free-cash
102 928
103 265
73 641
91 849

Estimated living cost  is ₽25283 per week

₽17907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89257
₽116952
₽93190
₽110812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
87
accident
-
-
-
783
income
-
-
-
73 773
pensions
-
-
-
24 599
unemployment
-
-
-
609
total
-
-
-
99 851
Employee
45 292
-
198 288
-
income
9 460
-
70 553
-
other
44
-
87
-
pensions
2 129
-
4 086
-
unemployment
701
-
1 347
-
total
12 334
-
76 073
-
Employer
45 292
-
198 288
-
other
363
-
696
-
unemployment
2 492
-
4 780
-
accident
897
-
1 721
-
pensions
10 689
-
20 514
-
total
14 441
-
27 711
-
Corporate
166 267
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.

24 941
33 900
-
-
total
24 941
33 900
-
-
Dividends
141 327
192 100
-
-
withholding
30 513
42 189
-
-
total
30 513
42 189
-
-
Income
226 000
226 000
226 000
226 000
Total tax
82 229
76 089
103 784
99 851
After tax
143 771
149 911
122 216
126 149
Living cost
32 959
32 959
32 959
32 959
Free-cash
110 812
116 952
89 257
93 190

Estimated living cost  is ₽32959 per week

₽23670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176963
₽177232
₽167428
₽171563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 736
income
-
-
-
33 900
pensions

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

-
-
-
4 808
unemployment
-
-
-
130
total
-
-
-
42 574
Employee
21 183
-
219 627
-
income
2 119
-
21 963
-
accident

We are using the highest rate at 1.1%.

233
-
357
-
pensions

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

1 860
-
2 852
-
health
975
-
1 494
-
total
5 187
-
26 666
-
Employer
21 183
-
219 627
-
unemployment
127
-
195
-
health
1 462
-
2 241
-
accident

We are using the highest rate at 1.1%.

233
-
357
-
pensions

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

2 334
-
3 580
-
total
4 156
-
6 373
-
Corporate
200 661
226 000
-
-
income
20 066
22 600
-
-
total
20 066
22 600
-
-
Dividends
180 595
203 400
-
-
withholding
9 030
10 170
-
-
total
9 030
10 170
-
-
Income
226 000
226 000
226 000
226 000
Total tax
38 439
32 770
33 039
42 574
After tax
187 561
193 230
192 961
183 426
Living cost
15 998
15 998
15 998
15 998
Free-cash
171 563
177 232
176 963
167 428

Estimated living cost  is ₽15998 per week

₽10581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102572
₽80002
₽76398
₽92273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 407
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.

-
-
-
76 601
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.

-
-
-
4 213
trade
-
-
-
26 174
total
-
-
-
113 395
Employee

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

46 662
-
226 000
-
surtax

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

212
-
4 213
-
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.

3 837
-
76 601
-
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.

6 407
-
6 407
-
total
10 456
-
87 221
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 338
226 000
-
-
chamber of commerce
406
473
-
-
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.

1 479
1 865
-
-
trade
25 734
32 431
-
-
income
26 900
33 900
-
-
total
54 519
68 669
-
-
Dividends
124 819
157 331
-
-
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.

1 696
2 145
-
-
withholding
30 849
38 977
-
-
total
32 545
41 122
-
-
Income
226 000
226 000
226 000
226 000
Total tax
97 520
109 791
87 221
113 395
After tax
128 480
116 209
138 779
112 605
Living cost
36 207
36 207
36 207
36 207
Free-cash
92 273
80 002
102 572
76 398

Estimated living cost  is ₽36207 per week

₽24976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58566
₽104777
₽58566
₽106848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
74 898
social contributions
-
-
-
39 114
total
-
-
-
114 012
Employee
73 358
-
226 000
-
income
13 842
-
74 898
-
social contributions
6 095
-
39 114
-
total
19 937
-
114 012
-
Employer
73 358
-
226 000
-
total
-
-
-
-
Corporate
152 642
226 000
-
-
income
19 080
28 251
-
-
total
19 080
28 251
-
-
Dividends
133 562
197 749
-
-
withholding
26 713
39 550
-
-
total
26 713
39 550
-
-
Income
226 000
226 000
226 000
226 000
Total tax
65 730
67 801
114 012
114 012
After tax
160 270
158 199
111 988
111 988
Living cost
53 422
53 422
53 422
53 422
Free-cash
106 848
104 777
58 566
58 566

Estimated living cost  is ₽53422 per week

₽40643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122937
₽107902
₽152255
₽111181
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
5 802
total
-
-
-
39 702
Employee
43 022
-
221 686
-
income
4 668
-
60 392
-
social contributions
4 310
-
4 314
-
total
8 978
-
64 706
-
Employer
43 022
-
221 686
-
social contributions
4 310
-
4 314
-
total
4 310
-
4 314
-
Corporate
178 668
226 000
-
-
income
62 533
79 100
-
-
total
62 533
79 100
-
-
Dividends
116 135
146 900
-
-
social contributions
4 955
4 955
-
-
total
4 955
4 955
-
-
Income
226 000
226 000
226 000
226 000
Total tax
80 776
84 055
69 020
39 702
After tax
145 224
141 945
156 980
186 298
Living cost
34 043
34 043
34 043
34 043
Free-cash
111 181
107 902
122 937
152 255

Estimated living cost  is ₽34043 per week

₽22424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90631
₽106752
₽110739
₽112237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 263
pensions
-
-
-
9 591
total
-
-
-
80 854
Employee
47 228
-
196 842
-
income
8 601
-
57 858
-
health
616
-
2 610
-
pensions
3 605
-
11 337
-
total
12 822
-
71 805
-
Employer
47 228
-
196 842
-
health
898
-
3 739
-
pensions
4 772
-
25 418
-
total
5 670
-
29 157
-
Corporate
173 103
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.

32 889
42 940
-
-
total
32 889
42 940
-
-
Dividends
140 214
183 060
-
-
withholding
27 975
41 901
-
-
total
27 975
41 901
-
-
Income
226 000
226 000
226 000
226 000
Total tax
79 356
84 841
100 962
80 854
After tax
146 644
141 159
125 038
145 146
Living cost
34 407
34 407
34 407
34 407
Free-cash
112 237
106 752
90 631
110 739

Estimated living cost  is ₽34407 per week

₽23603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3164
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.
₽7207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽102357
-₽4191
₽131782
₽14855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
350
health
-
-
-
2 060
accident
-
-
-
238
income
-
-
-
65 143
pensions
-
-
-
3 930
total
-
-
-
71 721
Employee
35 389
-
207 064
-
income
4 855
-
51 296
-
pensions
3 985
-
7 205
-
health
4 052
-
23 709
-
total
12 892
-
82 210
-
Employer
35 389
-
207 064
-
unemployment
867
-
5 073
-
accident
591
-
3 458
-
pensions
5 754
-
10 405
-
total
7 212
-
18 936
-
Corporate
183 399
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.

165 059
203 400
-
-
total
165 059
203 400
-
-
Dividends
18 340
22 600
-
-
withholding
3 485
4 294
-
-
total
3 485
4 294
-
-
Income
226 000
226 000
226 000
226 000
Total tax
188 648
207 694
101 146
71 721
After tax
37 352
18 306
124 854
154 279
Living cost
22 497
22 497
22 497
22 497
Free-cash
14 855
-4 191
102 357
131 782

Estimated living cost  is ₽22497 per week

₽16510
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154579
₽160242
₽133988
₽157410
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 185
health insurance
-
-
-
11 081
work injury
-
-
-
749
pensions
-
-
-
27 552
unemployment
-
-
-
1 797
total
-
-
-
79 364
Employee

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

20 236
-
226 000
-
income
2 024
-
38 185
-
work injury
101
-
374
-
health insurance
1 497
-
5 540
-
pensions
3 723
-
13 776
-
unemployment
243
-
898
-
total
7 588
-
58 773
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
205 764
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%.

20 576
22 600
-
-
total
20 576
22 600
-
-
Dividends
185 187
203 400
-
-
withholding
27 778
30 510
-
-
total
27 778
30 510
-
-
Income
226 000
226 000
226 000
226 000
Total tax
55 942
53 110
58 773
79 364
After tax
170 058
172 890
167 227
146 636
Living cost
12 648
12 648
12 648
12 648
Free-cash
157 410
160 242
154 579
133 988

Estimated living cost  is ₽12648 per week

₽7835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61895
₽81681
₽69599
₽77414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 938
national
-
-
-
64 841
regional
-
-
-
5 650
municipal
-
-
-
1 612
total
-
-
-
119 041
Employee
79 027
-
226 000
-
social contributions
26 647
-
61 536
-
municipal
472
-
1 481
-
national
13 355
-
58 564
-
regional
1 193
-
5 164
-
total
41 667
-
126 745
-
Employer
79 027
-
226 000
-
total
-
-
-
-
Corporate
146 973
226 000
-
-
nationa
35 273
54 240
-
-
municipal
7 085
10 893
-
-
total
42 358
65 133
-
-
Dividends
104 615
160 867
-
-
withholding
27 201
41 826
-
-
total
27 201
41 826
-
-
Income
226 000
226 000
226 000
226 000
Total tax
111 226
106 959
126 745
119 041
After tax
114 774
119 041
99 255
106 959
Living cost
37 360
37 360
37 360
37 360
Free-cash
77 414
81 681
61 895
69 599

Estimated living cost  is ₽37360 per week

₽26243
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.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close