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
₽85482
₽81646
₽95856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 406
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.

-
-
-
76 603
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.

-
-
-
4 214
trade
-
-
-
28 727
total
-
-
-
115 950
Employee

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

35 867
-
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
-
4 214
-
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
-
76 603
-
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.

6 406
-
6 406
-
total
7 463
-
87 223
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
190 133
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
29 946
35 595
-
-
income
28 519
33 901
-
-
total
60 449
71 827
-
-
Dividends
129 683
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
32 064
38 187
-
-
total
33 828
40 287
-
-
Income
226 000
226 000
226 000
226 000
Total tax
101 740
112 114
87 223
115 950
After tax
124 260
113 886
138 777
110 050
Living cost
28 404
28 404
28 404
28 404
Free-cash
95 856
85 482
110 373
81 646

Estimated living cost  is ₽28404 per week

₽17867
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
₽80176
₽91786
₽78962
₽90966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 430
pensions
-
-
-
27 120
national
-
-
-
43 103
municipal
-
-
-
25 147
total
-
-
-
97 800
Employee
76 327
-
195 375
-
municipal
9 428
-
26 022
-
national
14 609
-
45 019
-
pensions
3 053
-
7 815
-
total
27 090
-
78 856
-
Employer
76 327
-
195 375
-
pensions
6 106
-
15 630
-
social contributions
821
-
2 100
-
total
6 927
-
17 730
-
Corporate
137 708
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%.

27 542
45 200
-
-
total
27 542
45 200
-
-
Dividends
110 167
180 800
-
-
withholding
24 237
39 776
-
-
total
24 237
39 776
-
-
Income
226 000
226 000
226 000
226 000
Total tax
85 796
84 976
96 586
97 800
After tax
140 204
141 024
129 414
128 200
Living cost
49 238
49 238
49 238
49 238
Free-cash
90 966
91 786
80 176
78 962

Estimated living cost  is ₽49238 per week

₽33466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4577
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.
₽10457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79540
₽161290
₽63705
₽153599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 929
income
-
-
-
49 228
surtax
-
-
-
57 629
microenterprise
-
-
-
-
total
-
-
-
142 786
Employee
27 401
-
179 349
-
surtax
-
-
26 006
-
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
-
12 293
-
income
4 878
-
42 001
-
total
7 893
-
80 300
-
Employer
27 401
-
179 349
-
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.

6 600
-
26 923
-
total
6 600
-
46 651
-
Corporate
191 998
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.

153 599
180 799
-
-
total
-
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
52 892
45 201
126 951
142 786
After tax
173 108
180 799
99 049
83 214
Living cost
19 509
19 509
19 509
19 509
Free-cash
153 599
161 290
79 540
63 705

Estimated living cost  is ₽19509 per week

₽12446
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
₽105227
₽73514
₽81254
₽67769
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 911
pensions
-
-
-
10 987
total
-
-
-
105 462
Employee
80 080
80 080
208 573
-
income

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

13 108
13 108
41 511
-
pensions
14 414
10 987
10 987
-
health
12 291
10 455
11 564
-
total
39 813
34 550
64 062
-
Employer
80 080
80 080
208 573
-
unemployment
2 883
2 883
3 582
-
health
5 566
5 566
6 917
-
pensions
5 574
5 574
6 928
-
total
14 023
14 023
17 427
-
Corporate
132 879
131 897
-
-
income
26 576
26 380
-
-
total
26 576
26 380
-
-
Dividends
106 304
105 517
-
-
income
22 590
22 422
-
-
withholding
15 945
15 827
-
-
total
38 535
38 249
-
-
Income
226 000
226 000
226 000
226 000
Total tax
118 947
113 202
81 489
105 462
After tax
107 053
112 798
144 511
120 538
Living cost
39 284
39 284
39 284
39 284
Free-cash
67 769
73 514
105 227
81 254

Estimated living cost  is ₽39284 per week

₽27839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3541
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.
₽7278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73064
₽84769
₽74001
₽83901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 837
health
-
-
-
5 282
accident
-
-
-
169
pensions
-
-
-
9 151
national
-
-
-
28 768
unemployment
-
-
-
85
municipal
-
-
-
60 080
total
-
-
-
113 372
Employee
55 039
-
199 401
-
municipal
16 413
-
59 461
-
national
-
-
28 250
-
total
16 413
-
87 711
-
Employer
55 039
-
199 401
-
other
6 396
-
9 837
-
unemployment
1 453
-
2 235
-
health
3 385
-
5 206
-
accident
110
-
169
-
pensions
5 950
-
9 151
-
total
17 294
-
26 598
-
Corporate
153 667
226 000
-
-
income
33 807
49 720
-
-
total
33 807
49 720
-
-
Dividends
119 861
176 280
-
-
withholding
35 958
52 884
-
-
total
35 958
52 884
-
-
Income
226 000
226 000
226 000
226 000
Total tax
103 472
102 604
114 309
113 372
After tax
122 528
123 396
111 691
112 628
Living cost
38 627
38 627
38 627
38 627
Free-cash
83 901
84 769
73 064
74 001

Estimated living cost  is ₽38627 per week

₽25600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75883
₽71933
₽89061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 406
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.

-
-
-
76 603
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.

-
-
-
4 214
trade
-
-
-
30 005
total
-
-
-
117 228
Employee

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

47 555
-
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
-
4 214
-
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
-
76 603
-
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.

6 406
-
6 406
-
total
10 716
-
87 223
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 445
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
37 177
-
-
income
26 766
33 901
-
-
total
57 989
73 407
-
-
Dividends
120 456
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
29 758
37 792
-
-
total
31 395
39 871
-
-
Income
226 000
226 000
226 000
226 000
Total tax
100 100
113 278
87 223
117 228
After tax
125 900
112 722
138 777
108 772
Living cost
36 839
36 839
36 839
36 839
Free-cash
89 061
75 883
101 938
71 933

Estimated living cost  is ₽36839 per week

₽24638
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.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119188
₽134253
₽121011
₽130366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 172
health
-
-
-
5 762
income
-
-
-
53 639
total
-
-
-
74 573
Employee
72 108
72 108
213 970
-
social contributions
3 504
5 985
8 072
-
income
7 572
6 675
52 657
-
health
717
1 226
3 637
-
total
11 793
13 886
64 366
-
Employer
72 108
72 108
213 970
-
health
781
1 335
3 958
-
social contributions
3 504
5 985
8 072
-
total
4 285
7 320
12 030
-
Corporate
179 506
146 572
-
-
income
22 438
18 322
-
-
total
22 438
18 322
-
-
Dividends
157 067
128 250
-
-
withholding
26 702
21 803
-
-
total
26 702
21 803
-
-
Income
226 000
226 000
226 000
226 000
Total tax
65 218
61 331
76 396
74 573
After tax
160 782
164 669
149 604
151 427
Living cost
30 416
30 416
30 416
30 416
Free-cash
130 366
134 253
119 188
121 011

Estimated living cost  is ₽30416 per week

₽20792
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.
₽6737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113573
₽109395
₽139121
₽109757
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

25 176
10 020
189 121
-
income
3 078
1 225
23 120
-
pensions
2 518
1 002
18 912
-
health
1 762
701
13 238
-
unemployment
378
150
2 837
-
total
7 736
3 078
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.

25 176
10 020
189 121
-
pensions
4 909
1 954
36 879
-
total
4 909
1 954
36 879
-
Corporate
195 915
214 026
-
-
income
17 632
19 262
-
-
total
17 632
19 262
-
-
Dividends
178 282
194 764
-
-
social contributions
34 651
37 865
-
-
withholding
33 874
37 005
-
-
total
68 525
74 870
-
-
Income
226 000
226 000
226 000
226 000
Total tax
98 802
99 164
94 986
69 438
After tax
127 198
126 836
131 014
156 562
Living cost
17 441
17 441
17 441
17 441
Free-cash
109 757
109 395
113 573
139 121

Estimated living cost  is ₽17441 per week

₽11902
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158149
₽98485
₽152324
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 380
income
-
-
-
30 284
pensions
-
-
-
45 201
total
-
-
-
104 865
Employee
26 602
-
168 908
-
income
2 995
-
32 566
-
pensions
532
-
3 378
-
unemployment
425
-
2 703
-
total
3 952
-
38 647
-
Employer
26 602
-
168 908
-
unemployment
214
-
1 351
-
health
3 458
-
21 958
-
pensions
5 321
-
33 783
-
total
8 993
-
57 092
-
Corporate
190 405
226 000
-
-
income
38 081
45 201
-
-
total
38 081
45 201
-
-
Dividends
152 325
180 799
-
-
total
-
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
51 026
45 201
95 739
104 865
After tax
174 974
180 799
130 261
121 135
Living cost
22 650
22 650
22 650
22 650
Free-cash
152 324
158 149
107 611
98 485

Estimated living cost  is ₽22650 per week

₽15536
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.
₽5310
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104093
-₽2460
₽133513
₽15121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
65 147
pensions
-
-
-
3 927
total
-
-
-
71 721
Employee
32 666
-
207 069
-
income
4 481
-
51 301
-
pensions
3 678
-
7 201
-
health
3 740
-
23 709
-
total
11 899
-
82 211
-
Employer
32 666
-
207 069
-
unemployment
800
-
5 073
-
accident
545
-
3 458
-
pensions
5 312
-
10 399
-
total
6 657
-
18 930
-
Corporate
186 677
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.

168 010
203 400
-
-
total
168 010
203 400
-
-
Dividends
18 668
22 600
-
-
withholding
3 547
4 294
-
-
total
3 547
4 294
-
-
Income
226 000
226 000
226 000
226 000
Total tax
190 113
207 694
101 141
71 721
After tax
35 887
18 306
124 859
154 279
Living cost
20 766
20 766
20 766
20 766
Free-cash
15 121
-2 460
104 093
133 513

Estimated living cost  is ₽20766 per week

₽15220
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.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172972
₽206872
₽215912
₽205404
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 784
-
226 000
-
income
1 957
-
45 200
-
total
1 957
-
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%.

216 216
226 000
-
-
total
-
-
-
-
Dividends
216 216
226 000
-
-
withholding
10 811
11 300
-
-
total
10 811
11 300
-
-
Income
226 000
226 000
226 000
226 000
Total tax
12 768
11 300
45 200
2 260
After tax
213 232
214 700
180 800
223 740
Living cost
7 828
7 828
7 828
7 828
Free-cash
205 404
206 872
172 972
215 912

Estimated living cost  is ₽7828 per week

₽4851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
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.
₽2111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111195
₽141054
₽113026
₽134722
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 715
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.

-
-
-
34 224
total
-
-
-
87 987
Employee
34 049
-
189 688
-
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
-
1 425
-
total
9 062
-
53 506
-
Employer
34 049
-
189 688
-
other
1 703
-
7 129
-
unemployment
340
-
1 425
-
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
-
24 243
-
total
8 581
-
36 312
-
Corporate
183 370
226 000
-
-
income
38 508
47 461
-
-
total
38 508
47 461
-
-
Dividends
144 862
178 539
-
-
withholding
10 140
12 498
-
-
total
10 140
12 498
-
-
Income
226 000
226 000
226 000
226 000
Total tax
66 291
59 959
89 818
87 987
After tax
159 709
166 041
136 182
138 013
Living cost
24 987
24 987
24 987
24 987
Free-cash
134 722
141 054
111 195
113 026

Estimated living cost  is ₽24987 per week

₽17655
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
₽63035
₽79163
₽83142
₽86629
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 244
pensions
-
-
-
9 597
total
-
-
-
80 841
Employee
87 744
-
196 845
-
income
15 817
-
57 839
-
health
1 446
-
2 610
-
pensions
8 465
-
11 345
-
total
25 728
-
71 794
-
Employer
87 744
-
196 845
-
health
1 666
-
3 739
-
pensions
10 360
-
25 415
-
total
12 026
-
29 154
-
Corporate
126 229
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.

23 984
42 939
-
-
total
23 984
42 939
-
-
Dividends
102 245
183 061
-
-
withholding
15 616
41 881
-
-
total
15 616
41 881
-
-
Income
226 000
226 000
226 000
226 000
Total tax
77 354
84 820
100 948
80 841
After tax
148 646
141 180
125 052
145 159
Living cost
62 017
62 017
62 017
62 017
Free-cash
86 629
79 163
63 035
83 142

Estimated living cost  is ₽62017 per week

₽46470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7287
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.
₽7756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽180731
₽181018
₽171202
₽176691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 741
income
-
-
-
33 900
pensions

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

-
-
-
4 815
unemployment
-
-
-
130
total
-
-
-
42 586
Employee
16 170
-
219 617
-
income
1 617
-
21 962
-
accident

We are using the highest rate at 1.1%.

178
-
358
-
pensions

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

1 420
-
2 857
-
health
744
-
1 497
-
total
3 959
-
26 674
-
Employer
16 170
-
219 617
-
unemployment
97
-
195
-
health
1 116
-
2 245
-
accident

We are using the highest rate at 1.1%.

178
-
358
-
pensions

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

1 782
-
3 585
-
total
3 173
-
6 383
-
Corporate
206 657
226 000
-
-
income
20 666
22 600
-
-
total
20 666
22 600
-
-
Dividends
185 991
203 400
-
-
withholding
9 299
10 170
-
-
total
9 299
10 170
-
-
Income
226 000
226 000
226 000
226 000
Total tax
37 097
32 770
33 057
42 586
After tax
188 903
193 230
192 943
183 414
Living cost
12 212
12 212
12 212
12 212
Free-cash
176 691
181 018
180 731
171 202

Estimated living cost  is ₽12212 per week

₽7129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92511
₽60798
₽68538
₽63156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 911
pensions
-
-
-
10 987
total
-
-
-
105 462
Employee
86 941
80 080
208 573
-
income

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

13 108
13 108
41 511
-
pensions
10 987
10 987
10 987
-
health
10 846
10 455
11 564
-
total
34 941
34 550
64 062
-
Employer
86 941
80 080
208 573
-
unemployment
3 130
2 883
3 582
-
health
6 042
5 566
6 917
-
pensions
6 050
5 574
6 928
-
total
15 222
14 023
17 427
-
Corporate
123 837
131 897
-
-
income
24 768
26 380
-
-
total
24 768
26 380
-
-
Dividends
99 069
105 517
-
-
income
21 052
22 422
-
-
withholding
14 861
15 827
-
-
total
35 913
38 249
-
-
Income
226 000
226 000
226 000
226 000
Total tax
110 844
113 202
81 489
105 462
After tax
115 156
112 798
144 511
120 538
Living cost
52 000
52 000
52 000
52 000
Free-cash
63 156
60 798
92 511
68 538

Estimated living cost  is ₽52000 per week

₽38358
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.
₽8401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101354
₽132490
₽111404
₽124245
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 256
health
-
-
-
30 510
income
-
-
-
24 335
solidarity contribution
-
-
-
3 384
total
-
-
-
91 485
Employee
33 987
-
181 218
-
social contributions
2 209
-
7 403
-
solidarity contribution
-
-
2 482
-
income
4 078
-
22 403
-
health
4 588
-
24 464
-
total
10 875
-
56 752
-
Employer
33 987
-
181 218
-
health
3 059
-
16 310
-
social contributions
8 497
-
28 473
-
total
11 556
-
44 783
-
Corporate
180 458
226 000
-
-
income
34 287
42 940
-
-
total
34 287
42 940
-
-
Dividends
146 171
183 060
-
-
withholding
21 926
27 459
-
-
total
21 926
27 459
-
-
Income
226 000
226 000
226 000
226 000
Total tax
78 644
70 399
101 535
91 485
After tax
147 356
155 601
124 465
134 515
Living cost
23 111
23 111
23 111
23 111
Free-cash
124 245
132 490
101 354
111 404

Estimated living cost  is ₽23111 per week

₽16053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1644
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.
₽4959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62341
₽81009
₽70290
₽76114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 934
national
-
-
-
64 843
regional
-
-
-
2 930
municipal
-
-
-
1 433
total
-
-
-
116 140
Employee
83 341
-
226 000
-
social contributions
28 103
-
61 532
-
municipal
441
-
1 315
-
national
14 441
-
58 567
-
regional
786
-
2 675
-
total
43 771
-
124 089
-
Employer
83 341
-
226 000
-
total
-
-
-
-
Corporate
142 659
226 000
-
-
nationa
34 239
54 241
-
-
municipal
5 563
8 814
-
-
total
39 802
63 055
-
-
Dividends
102 857
162 945
-
-
withholding
26 743
42 366
-
-
total
26 743
42 366
-
-
Income
226 000
226 000
226 000
226 000
Total tax
110 316
105 421
124 089
116 140
After tax
115 684
120 579
101 911
109 860
Living cost
39 570
39 570
39 570
39 570
Free-cash
76 114
81 009
62 341
70 290

Estimated living cost  is ₽39570 per week

₽27583
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.
₽8784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79716
₽121462
₽85448
₽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
-
-
-
8 885
income
-
-
-
73 174
pensions
-
-
-
25 031
surtax
-
-
-
12 555
unemployment
-
-
-
214
total
-
-
-
119 859
Employee
31 011
-
199 655
-
surtax
101
-
11 432
-
income
5 198
-
67 564
-
other
-
-
-
-
pensions
2 068
-
8 348
-
health
792
-
3 191
-
unemployment
2 159
-
8 711
-
total
10 318
-
99 246
-
Employer
31 011
-
199 655
-
other
-
-
-
-
unemployment
982
-
3 967
-
health
1 411
-
5 695
-
pensions
4 134
-
16 683
-
total
6 527
-
26 345
-
Corporate
188 462
226 000
-
-
income
49 000
58 759
-
-
total
49 000
58 759
-
-
Dividends
139 462
167 241
-
-
withholding
20 919
25 086
-
-
total
20 919
25 086
-
-
Income
226 000
226 000
226 000
226 000
Total tax
86 764
83 845
125 591
119 859
After tax
139 236
142 155
100 409
106 141
Living cost
20 693
20 693
20 693
20 693
Free-cash
118 543
121 462
79 716
85 448

Estimated living cost  is ₽20693 per week

₽12653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1909
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
₽82684
₽98812
₽102791
₽104938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 244
pensions
-
-
-
9 597
total
-
-
-
80 841
Employee
58 804
-
196 845
-
income
10 591
-
57 839
-
health
854
-
2 610
-
pensions
4 991
-
11 345
-
total
16 436
-
71 794
-
Employer
58 804
-
196 845
-
health
1 117
-
3 739
-
pensions
6 366
-
25 415
-
total
7 483
-
29 154
-
Corporate
159 713
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.

30 345
42 939
-
-
total
30 345
42 939
-
-
Dividends
129 368
183 061
-
-
withholding
24 430
41 881
-
-
total
24 430
41 881
-
-
Income
226 000
226 000
226 000
226 000
Total tax
78 694
84 820
100 948
80 841
After tax
147 306
141 180
125 052
145 159
Living cost
42 368
42 368
42 368
42 368
Free-cash
104 938
98 812
82 684
102 791

Estimated living cost  is ₽42368 per week

₽31742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3176
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.
₽7007
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽95668
₽28048
₽103707
₽60265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
509
pensions
-
-
-
20 791
city
-
-
-
2 383
national
-
-
-
6 006
regional
-
-
-
12 787
total
-
-
-
46 996
Employee
88 117
-
203 532
-
national
417
-
5 014
-
city
946
-
2 203
-
pensions
7 403
-
15 699
-
health
199
-
458
-
regional
2 885
-
11 433
-
unemployment
-
-
-
-
total
11 850
-
34 807
-
Employer
88 117
-
203 532
-
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.

1 762
-
4 071
-
unemployment
-
-
-
-
health
199
-
458
-
pensions
7 403
-
15 699
-
total
9 364
-
20 228
-
Corporate
127 550
226 000
-
-
regional
26 976
47 798
-
-
national
10 841
19 209
-
-
total
37 817
67 007
-
-
Dividends
89 733
158 992
-
-
withholding
31 407
55 648
-
-
total
31 407
55 648
-
-
Income
226 000
226 000
226 000
226 000
Total tax
90 438
122 655
55 035
46 996
After tax
135 562
103 345
170 965
179 004
Living cost
75 297
75 297
75 297
75 297
Free-cash
60 265
28 048
95 668
103 707

Estimated living cost  is ₽75297 per week

₽48965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽924
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽95818
₽68601
₽64537
₽83809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 406
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.

-
-
-
76 603
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.

-
-
-
4 214
trade
-
-
-
31 281
total
-
-
-
118 504
Employee

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

56 357
-
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
-
4 214
-
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.

6 627
-
76 603
-
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.

6 406
-
6 406
-
total
13 398
-
87 223
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 643
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
29 094
38 759
-
-
income
25 446
33 901
-
-
total
56 320
74 986
-
-
Dividends
113 324
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.

1 539
2 057
-
-
withholding
27 975
37 397
-
-
total
29 514
39 454
-
-
Income
226 000
226 000
226 000
226 000
Total tax
99 232
114 440
87 223
118 504
After tax
126 768
111 560
138 777
107 496
Living cost
42 959
42 959
42 959
42 959
Free-cash
83 809
68 601
95 818
64 537

Estimated living cost  is ₽42959 per week

₽31375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
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
₽82707
₽81822
₽90283
₽87356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 006
social contributions
-
-
-
6 440
health
-
-
-
11 453
income
-
-
-
44 232
pensions
-
-
-
34 502
surtax
-
-
-
-
total
-
-
-
103 633
Employee
40 134
-
171 727
-
surtax
-
-
-
-
social contributions
1 144
-
4 892
-
income
2 369
-
38 783
-
pensions
4 538
-
13 261
-
total
8 051
-
56 936
-
Employer
40 134
-
171 727
-
other
1 384
-
7 261
-
unemployment
1 625
-
6 955
-
health
2 810
-
17 451
-
pensions
6 593
-
22 090
-
social contributions
121
-
516
-
total
12 533
-
54 273
-
Corporate
173 332
226 000
-
-
surtax
-
-
-
-
income
48 534
63 279
-
-
total
48 534
63 279
-
-
Dividends
124 799
162 721
-
-
social contributions
21 467
27 987
-
-
surtax
-
-
-
-
withholding
15 975
20 828
-
-
total
37 442
48 815
-
-
Income
226 000
226 000
226 000
226 000
Total tax
106 560
112 094
111 209
103 633
After tax
119 440
113 906
114 791
122 367
Living cost
32 084
32 084
32 084
32 084
Free-cash
87 356
81 822
82 707
90 283

Estimated living cost  is ₽32084 per week

₽20230
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.
₽8700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85886
₽85001
₽93462
₽90212
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 006
social contributions
-
-
-
6 440
health
-
-
-
11 453
income
-
-
-
44 232
pensions
-
-
-
34 502
surtax
-
-
-
-
total
-
-
-
103 633
Employee
35 825
-
171 727
-
surtax
-
-
-
-
social contributions
1 021
-
4 892
-
income
1 847
-
38 783
-
pensions
4 052
-
13 261
-
total
6 920
-
56 936
-
Employer
35 825
-
171 727
-
other
1 237
-
7 261
-
unemployment
1 450
-
6 955
-
health
2 507
-
17 451
-
pensions
5 887
-
22 090
-
social contributions
107
-
516
-
total
11 188
-
54 273
-
Corporate
178 986
226 000
-
-
surtax
-
-
-
-
income
50 116
63 279
-
-
total
50 116
63 279
-
-
Dividends
128 871
162 721
-
-
social contributions
22 164
27 987
-
-
surtax
-
-
-
-
withholding
16 495
20 828
-
-
total
38 659
48 815
-
-
Income
226 000
226 000
226 000
226 000
Total tax
106 883
112 094
111 209
103 633
After tax
119 117
113 906
114 791
122 367
Living cost
28 905
28 905
28 905
28 905
Free-cash
90 212
85 001
85 886
93 462

Estimated living cost  is ₽28905 per week

₽16763
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
₽117996
₽125252
₽118483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
social contributions
-
-
-
31 188
health
-
-
-
15 774
income
-
-
-
33 901
total
-
-
-
80 863
Employee
31 795
-
226 000
-
social contributions
4 388
-
31 188
-
income
5 303
-
40 348
-
health
2 219
-
15 774
-
total
11 910
-
87 310
-
Employer
31 795
-
226 000
-
total
-
-
-
-
Corporate
194 205
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%.

9 711
11 300
-
-
total
9 711
11 300
-
-
Dividends
184 494
214 700
-
-
social contributions
25 460
29 628
-
-
withholding
27 674
32 205
-
-
health
12 877
14 986
-
-
total
66 011
76 819
-
-
Income
226 000
226 000
226 000
226 000
Total tax
87 632
88 119
87 310
80 863
After tax
138 368
137 881
138 690
145 137
Living cost
19 885
19 885
19 885
19 885
Free-cash
118 483
117 996
118 805
125 252

Estimated living cost  is ₽19885 per week

₽13308
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
₽25878
₽91421
₽82489
₽89972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 380
income
-
-
-
74 980
chamber of commerce
-
-
-
904
pensions
-
-
-
20 267
surtax
-
-
-
185
unemployment
-
-
-
5 752
total
-
-
-
110 468
Employee
46 864
37 371
188 521
-
income
5 335
2 757
63 519
-
other
468
374
1 096
-
pensions
4 799
3 826
11 218
-
health
1 813
1 447
4 239
-
unemployment
1 406
1 121
3 287
-
total
13 821
9 525
83 359
-
Employer
46 864
37 371
188 521
-
other
2 226
1 774
8 284
-
unemployment
1 406
1 121
3 287
-
health
1 771
1 413
4 141
-
surtax
185
185
185
-
accident
609
486
1 424
-
pensions
5 881
4 691
13 749
-
payroll
1 406
1 121
5 655
-
chamber of commerce
187
149
755
-
total
13 671
10 940
37 480
-
Corporate
165 465
177 689
184 962
-
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.

41 366
44 423
46 240
-
total
41 366
44 423
46 240
-
Dividends
124 099
133 266
-
-
withholding
34 127
36 648
-
-
total
34 127
36 648
-
-
Income
226 000
226 000
226 000
226 000
Total tax
102 985
101 536
167 079
110 468
After tax
123 015
124 464
58 921
115 532
Living cost
33 043
33 043
33 043
33 043
Free-cash
89 972
91 421
25 878
82 489

Estimated living cost  is ₽33043 per week

₽22038
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.
₽7643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41983
₽88989
₽64180
₽78011
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 380
communal

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

-
-
-
12 158
national
-
-
-
92 090
total
-
-
-
127 628
Employee

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

67 078
-
175 044
-
national
20 622
-
66 863
-
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
-
13 128
-
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
-
8 227
-
communal

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

3 499
-
9 129
-
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
32 888
-
98 870
-
Employer

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

67 078
-
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
-
2 555
-
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
-
10 766
-
surtax
7 606
-
19 849
-
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
-
15 509
-
total
19 526
-
50 955
-
Corporate
139 397
226 000
-
-
surtax
557
991
-
-
income
27 879
49 523
-
-
total
28 436
50 514
-
-
Dividends
110 961
175 486
-
-
withholding

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

32 947
52 305
-
-
total
32 947
52 305
-
-
Income
226 000
226 000
226 000
226 000
Total tax
113 797
102 819
149 825
127 628
After tax
112 203
123 181
76 175
98 372
Living cost
34 192
34 192
34 192
34 192
Free-cash
78 011
88 989
41 983
64 180

Estimated living cost  is ₽34192 per week

₽22024
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.
₽8643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88349
₽116043
₽92284
₽109621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 774
pensions
-
-
-
24 597
unemployment
-
-
-
609
total
-
-
-
99 850
Employee
46 679
-
198 291
-
income
9 849
-
70 555
-
other
46
-
87
-
pensions
2 194
-
4 086
-
unemployment
724
-
1 347
-
total
12 813
-
76 075
-
Employer
46 679
-
198 291
-
other
372
-
696
-
unemployment
2 568
-
4 780
-
accident
924
-
1 721
-
pensions
11 015
-
20 513
-
total
14 879
-
27 710
-
Corporate
164 442
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
33 901
-
-
total
24 666
33 901
-
-
Dividends
139 776
192 099
-
-
withholding
30 155
42 190
-
-
total
30 155
42 190
-
-
Income
226 000
226 000
226 000
226 000
Total tax
82 513
76 091
103 785
99 850
After tax
143 487
149 909
122 215
126 150
Living cost
33 866
33 866
33 866
33 866
Free-cash
109 621
116 043
88 349
92 284

Estimated living cost  is ₽33866 per week

₽24939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2402
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.
₽6036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62977
₽75708
₽54342
₽62808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 664
accident
-
-
-
1 879
income
-
-
-
44 202
pensions
-
-
-
33 415
communal
-
-
-
14 283
surtax
-
-
-
11 254
total
-
-
-
120 697
Employee
71 015
-
201 876
-
surtax
4 353
-
12 371
-
income
6 859
-
50 436
-
pensions
5 680
-
16 149
-
health
3 160
-
8 983
-
total
20 052
-
87 939
-
Employer
71 015
-
201 876
-
health
2 166
-
6 157
-
accident
639
-
1 817
-
pensions
5 680
-
16 149
-
total
8 485
-
24 123
-
Corporate
146 500
226 000
-
-
surtax
1 538
2 374
-
-
income
21 976
33 901
-
-
communal
9 889
15 254
-
-
total
33 403
51 529
-
-
Dividends
113 098
174 471
-
-
income
33 326
21 632
-
-
withholding
16 965
26 170
-
-
total
50 291
47 802
-
-
Income
226 000
226 000
226 000
226 000
Total tax
112 231
99 331
112 062
120 697
After tax
113 769
126 669
113 938
105 303
Living cost
50 961
50 961
50 961
50 961
Free-cash
62 808
75 708
62 977
54 342

Estimated living cost  is ₽50961 per week

₽38228
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.
₽9104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79346
₽121092
₽85078
₽118110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 885
income
-
-
-
73 174
pensions
-
-
-
25 031
surtax
-
-
-
12 555
unemployment
-
-
-
214
total
-
-
-
119 859
Employee
31 580
-
199 655
-
surtax
112
-
11 432
-
income
5 294
-
67 564
-
other
-
-
-
-
pensions
2 107
-
8 348
-
health
806
-
3 191
-
unemployment
2 198
-
8 711
-
total
10 517
-
99 246
-
Employer
31 580
-
199 655
-
other
-
-
-
-
unemployment
1 002
-
3 967
-
health
1 436
-
5 695
-
pensions
4 210
-
16 683
-
total
6 648
-
26 345
-
Corporate
187 772
226 000
-
-
income
48 820
58 759
-
-
total
48 820
58 759
-
-
Dividends
138 951
167 241
-
-
withholding
20 842
25 086
-
-
total
20 842
25 086
-
-
Income
226 000
226 000
226 000
226 000
Total tax
86 827
83 845
125 591
119 859
After tax
139 173
142 155
100 409
106 141
Living cost
21 063
21 063
21 063
21 063
Free-cash
118 110
121 092
79 346
85 078

Estimated living cost  is ₽21063 per week

₽12717
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.
₽6027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽75986
₽93527
₽83894
₽91449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 934
national
-
-
-
64 843
regional
-
-
-
3 635
municipal
-
-
-
1 433
total
-
-
-
116 845
Employee
52 018
-
226 000
-
social contributions
17 541
-
61 532
-
municipal
276
-
1 315
-
national
8 241
-
58 567
-
regional
700
-
3 339
-
total
26 758
-
124 753
-
Employer
52 018
-
226 000
-
total
-
-
-
-
Corporate
173 982
226 000
-
-
nationa
41 755
54 241
-
-
municipal
8 647
11 233
-
-
total
50 402
65 474
-
-
Dividends
123 579
160 527
-
-
withholding
32 130
41 738
-
-
total
32 130
41 738
-
-
Income
226 000
226 000
226 000
226 000
Total tax
109 290
107 212
124 753
116 845
After tax
116 710
118 788
101 247
109 155
Living cost
25 261
25 261
25 261
25 261
Free-cash
91 449
93 527
75 986
83 894

Estimated living cost  is ₽25261 per week

₽15710
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.
₽6559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95986
₽127122
₽106036
₽116963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 256
health
-
-
-
30 510
income
-
-
-
24 335
solidarity contribution
-
-
-
3 384
total
-
-
-
91 485
Employee
41 881
-
181 218
-
social contributions
2 722
-
7 403
-
solidarity contribution
-
-
2 482
-
income
5 026
-
22 403
-
health
5 654
-
24 464
-
total
13 402
-
56 752
-
Employer
41 881
-
181 218
-
health
3 769
-
16 310
-
social contributions
10 470
-
28 473
-
total
14 239
-
44 783
-
Corporate
169 880
226 000
-
-
income
32 277
42 940
-
-
total
32 277
42 940
-
-
Dividends
137 603
183 060
-
-
withholding
20 640
27 459
-
-
total
20 640
27 459
-
-
Income
226 000
226 000
226 000
226 000
Total tax
80 558
70 399
101 535
91 485
After tax
145 442
155 601
124 465
134 515
Living cost
28 479
28 479
28 479
28 479
Free-cash
116 963
127 122
95 986
106 036

Estimated living cost  is ₽28479 per week

₽21179
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.
₽5230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94647
₽85799
₽94180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 380
income
-
-
-
74 980
chamber of commerce
-
-
-
904
pensions
-
-
-
20 267
surtax
-
-
-
-
unemployment
-
-
-
5 752
total
-
-
-
110 283
Employee
40 992
37 371
188 695
-
income
3 652
2 757
63 607
-
other
409
374
1 096
-
pensions
4 198
3 826
11 218
-
health
1 586
1 447
4 239
-
unemployment
1 230
1 121
3 287
-
total
11 075
9 525
83 447
-
Employer
40 992
37 371
188 695
-
other
1 947
1 774
8 289
-
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
13 749
-
payroll
1 230
1 121
5 661
-
chamber of commerce
164
149
755
-
total
11 798
10 755
37 306
-
Corporate
173 212
177 874
185 136
-
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.

43 304
44 469
46 284
-
total
43 304
44 469
46 284
-
Dividends
129 908
133 404
-
-
withholding
35 725
36 686
-
-
total
35 725
36 686
-
-
Income
226 000
226 000
226 000
226 000
Total tax
101 902
101 435
167 037
110 283
After tax
124 098
124 565
58 963
115 717
Living cost
29 918
29 918
29 918
29 918
Free-cash
94 180
94 647
29 045
85 799

Estimated living cost  is ₽29918 per week

₽17947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
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
₽168602
₽202502
₽211542
₽200215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 248
-
226 000
-
income
3 050
-
45 200
-
total
3 050
-
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%.

210 752
226 000
-
-
total
-
-
-
-
Dividends
210 752
226 000
-
-
withholding
10 537
11 300
-
-
total
10 537
11 300
-
-
Income
226 000
226 000
226 000
226 000
Total tax
13 587
11 300
45 200
2 260
After tax
212 413
214 700
180 800
223 740
Living cost
12 198
12 198
12 198
12 198
Free-cash
200 215
202 502
168 602
211 542

Estimated living cost  is ₽12198 per week

₽8255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73277
₽130447
₽78186
₽122604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 813
pensions
-
-
-
41 273
unemployment
-
-
-
338
total
-
-
-
122 661
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.

41 468
-
195 552
-
income
7 151
-
53 904
-
pensions
6 428
-
30 311
-
health
2 678
-
12 633
-
unemployment
59
-
274
-
total
16 316
-
97 122
-
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.

41 468
-
195 552
-
unemployment
25
-
117
-
health
2 762
-
13 025
-
pensions
3 669
-
17 306
-
total
6 456
-
30 448
-
Corporate
178 076
226 000
-
-
income
33 835
42 941
-
-
total
33 835
42 941
-
-
Dividends
144 242
183 059
-
-
withholding
21 636
27 459
-
-
total
21 636
27 459
-
-
Income
226 000
226 000
226 000
226 000
Total tax
78 243
70 400
127 570
122 661
After tax
147 757
155 600
98 430
103 339
Living cost
25 153
25 153
25 153
25 153
Free-cash
122 604
130 447
73 277
78 186

Estimated living cost  is ₽25153 per week

₽17262
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.
₽5792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170840
₽95226
₽113912
₽48627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
60 612
-
-
-
social contributions
4 970
-
708
-
income
13 370
-
-
-
total
18 340
-
708
-
Employer
60 612
-
-
-
social contributions
85 463
-
12 180
-
total
85 463
-
12 180
-
Corporate
79 925
226 000
-
-
income
17 583
49 720
-
-
total
17 583
49 720
-
-
Dividends
62 341
176 280
-
-
income
13 715
38 782
-
-
total
13 715
38 782
-
-
Income
226 000
226 000
226 000
226 000
Total tax
135 101
88 502
12 888
69 816
After tax
90 899
137 498
213 112
156 184
Living cost
42 272
42 272
42 272
42 272
Free-cash
48 627
95 226
170 840
113 912

Estimated living cost  is ₽42272 per week

₽27428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3976
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.
₽10330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69507
₽99134
₽87718
₽98191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
78 535
income
-
-
-
30 333
surtax
-
-
-
-
total
-
-
-
108 868
Employee
43 129
-
182 627
-
surtax
-
-
504
-
social contributions
4 744
-
20 089
-
income
8 971
-
63 113
-
total
13 715
-
83 706
-
Employer
43 129
-
182 627
-
social contributions
10 243
-
43 373
-
total
10 243
-
43 373
-
Corporate
172 628
226 000
-
-
surtax
-
-
-
-
income
36 251
47 461
-
-
total
36 251
47 461
-
-
Dividends
136 376
178 539
-
-
withholding
38 186
49 991
-
-
total
38 186
49 991
-
-
Income
226 000
226 000
226 000
226 000
Total tax
98 395
97 452
127 079
108 868
After tax
127 605
128 548
98 921
117 132
Living cost
29 414
29 414
29 414
29 414
Free-cash
98 191
99 134
69 507
87 718

Estimated living cost  is ₽29414 per week

₽22008
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.
₽5180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69499
₽68614
₽77075
₽75058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 006
social contributions
-
-
-
6 440
health
-
-
-
11 453
income
-
-
-
44 232
pensions
-
-
-
34 502
surtax
-
-
-
-
total
-
-
-
103 633
Employee
58 733
-
171 727
-
surtax
-
-
-
-
social contributions
1 673
-
4 892
-
income
5 125
-
38 783
-
pensions
6 643
-
13 261
-
total
13 441
-
56 936
-
Employer
58 733
-
171 727
-
other
2 027
-
7 261
-
unemployment
2 379
-
6 955
-
health
4 111
-
17 451
-
pensions
9 651
-
22 090
-
social contributions
176
-
516
-
total
18 344
-
54 273
-
Corporate
148 923
226 000
-
-
surtax
-
-
-
-
income
41 699
63 279
-
-
total
41 699
63 279
-
-
Dividends
107 225
162 721
-
-
social contributions
18 442
27 987
-
-
surtax
-
-
-
-
withholding
13 724
20 828
-
-
total
32 166
48 815
-
-
Income
226 000
226 000
226 000
226 000
Total tax
105 650
112 094
111 209
103 633
After tax
120 350
113 906
114 791
122 367
Living cost
45 292
45 292
45 292
45 292
Free-cash
75 058
68 614
69 499
77 075

Estimated living cost  is ₽45292 per week

₽30653
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
₽175212
₽136157
₽172062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 934
social contributions
-
-
-
49 721
total
-
-
-
61 655
Employee
30 148
-
195 671
-
income
-
-
12 601
-
social contributions
1 959
-
12 718
-
total
1 959
-
25 319
-
Employer
30 148
-
195 671
-
social contributions
4 673
-
30 329
-
total
4 673
-
30 329
-
Corporate
191 179
226 000
-
-
income
19 118
22 600
-
-
total
19 118
22 600
-
-
Dividends
172 061
203 400
-
-
total
-
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
25 750
22 600
55 648
61 655
After tax
200 250
203 400
170 352
164 345
Living cost
28 188
28 188
28 188
28 188
Free-cash
172 062
175 212
142 164
136 157

Estimated living cost  is ₽28188 per week

₽18226
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
₽22041
₽22041
₽84675
₽11900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
811
national
-
-
-
28 523
municipal
-
-
-
48 892
total
-
-
-
96 241
Employee
190 287
190 287
190 287
-
labour market
15 201
15 201
15 201
-
municipal
40 521
40 521
40 521
-
national
23 247
23 247
23 247
-
pensions
270
270
270
-
total
79 239
79 239
79 239
-
Employer
190 287
190 287
190 287
-
national
23 287
23 287
23 287
-
labour market
15 223
15 223
15 223
-
pensions
541
541
541
-
municipal
40 585
40 585
40 585
-
total
79 636
79 636
79 636
-
Corporate
22 041
-
-
-
income
4 849
-
-
-
total
4 849
-
-
-
Dividends
17 192
-
-
-
withholding
5 292
-
-
-
total
5 292
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
169 016
158 875
158 875
96 241
After tax
56 984
67 125
67 125
129 759
Living cost
45 084
45 084
45 084
45 084
Free-cash
11 900
22 041
22 041
84 675

Estimated living cost  is ₽45084 per week

₽30856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3988
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽693
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104400
-₽2153
₽133820
₽15169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
65 147
pensions
-
-
-
3 927
total
-
-
-
71 721
Employee
32 184
-
207 069
-
income
4 415
-
51 301
-
pensions
3 624
-
7 201
-
health
3 685
-
23 709
-
total
11 724
-
82 211
-
Employer
32 184
-
207 069
-
unemployment
789
-
5 073
-
accident
537
-
3 458
-
pensions
5 233
-
10 399
-
total
6 559
-
18 930
-
Corporate
187 257
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.

168 531
203 400
-
-
total
168 531
203 400
-
-
Dividends
18 726
22 600
-
-
withholding
3 558
4 294
-
-
total
3 558
4 294
-
-
Income
226 000
226 000
226 000
226 000
Total tax
190 372
207 694
101 141
71 721
After tax
35 628
18 306
124 859
154 279
Living cost
20 459
20 459
20 459
20 459
Free-cash
15 169
-2 153
104 400
133 820

Estimated living cost  is ₽20459 per week

₽14892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
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.
₽4017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75038
₽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
-
-
-
3 089
national
-
-
-
45 856
municipal
-
-
-
40 124
total
-
-
-
89 069
Employee
49 337
-
190 124
-
municipal
8 081
-
30 943
-
national
815
-
29 917
-
pensions
3 330
-
12 834
-
health
368
-
2 536
-
unemployment
740
-
2 853
-
total
13 334
-
79 083
-
Employer
49 337
-
190 124
-
unemployment
320
-
1 235
-
health
379
-
1 465
-
accident
50
-
190
-
pensions
8 560
-
32 986
-
total
9 309
-
35 876
-
Corporate
167 354
226 000
-
-
income
33 472
45 201
-
-
total
33 472
45 201
-
-
Dividends

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

100 412
135 599
-
-
national
11 077
18 572
-
-
municipal
18 075
24 408
-
-
total
29 152
42 980
-
-
Income
226 000
226 000
226 000
226 000
Total tax
85 267
88 181
114 959
89 069
After tax
140 733
137 819
111 041
136 931
Living cost
36 003
36 003
36 003
36 003
Free-cash
104 730
101 816
75 038
100 928

Estimated living cost  is ₽36003 per week

₽23517
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.
₽8451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127893
₽142958
₽129716
₽137857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 172
health
-
-
-
5 762
income
-
-
-
53 639
total
-
-
-
74 573
Employee
72 108
72 108
213 970
-
social contributions
2 726
5 985
8 072
-
income
7 851
6 675
52 657
-
health
559
1 226
3 637
-
total
11 136
13 886
64 366
-
Employer
72 108
72 108
213 970
-
health
607
1 335
3 958
-
social contributions
2 726
5 985
8 072
-
total
3 333
7 320
12 030
-
Corporate
189 819
146 572
-
-
income
23 727
18 322
-
-
total
23 727
18 322
-
-
Dividends
166 092
128 250
-
-
withholding
28 236
21 803
-
-
total
28 236
21 803
-
-
Income
226 000
226 000
226 000
226 000
Total tax
66 432
61 331
76 396
74 573
After tax
159 568
164 669
149 604
151 427
Living cost
21 711
21 711
21 711
21 711
Free-cash
137 857
142 958
127 893
129 716

Estimated living cost  is ₽21711 per week

₽13012
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.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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
₽159419
₽172262
₽178229
₽167491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 965
unemployment
-
-
-
27
total
-
-
-
32 882
Employee

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

21 525
-
216 835
-
income
1 472
-
21 172
-
pensions
3 228
-
13 347
-
health
1 829
-
7 563
-
unemployment
107
-
445
-
total
6 636
-
42 527
-
Employer

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

21 525
-
216 835
-
unemployment
107
-
445
-
health
925
-
3 826
-
pensions
1 183
-
4 894
-
total
2 215
-
9 165
-
Corporate
202 260
226 000
-
-
income
18 203
20 340
-
-
total
18 203
20 340
-
-
Dividends
184 057
205 660
-
-
withholding
16 566
18 509
-
-
total
16 566
18 509
-
-
Income
226 000
226 000
226 000
226 000
Total tax
43 620
38 849
51 692
32 882
After tax
182 380
187 151
174 308
193 118
Living cost
14 889
14 889
14 889
14 889
Free-cash
167 491
172 262
159 419
178 229

Estimated living cost  is ₽14889 per week

₽9499
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.
₽3872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96428
₽124122
₽100363
₽119983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 774
pensions
-
-
-
24 597
unemployment
-
-
-
609
total
-
-
-
99 850
Employee
34 674
-
198 291
-
income
6 685
-
70 555
-
other
34
-
87
-
pensions
1 630
-
4 086
-
unemployment
537
-
1 347
-
total
8 886
-
76 075
-
Employer
34 674
-
198 291
-
other
278
-
696
-
unemployment
1 908
-
4 780
-
accident
687
-
1 721
-
pensions
8 182
-
20 513
-
total
11 055
-
27 710
-
Corporate
180 271
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.

27 040
33 901
-
-
total
27 040
33 901
-
-
Dividends
153 231
192 099
-
-
withholding
33 249
42 190
-
-
total
33 249
42 190
-
-
Income
226 000
226 000
226 000
226 000
Total tax
80 230
76 091
103 785
99 850
After tax
145 770
149 909
122 215
126 150
Living cost
25 787
25 787
25 787
25 787
Free-cash
119 983
124 122
96 428
100 363

Estimated living cost  is ₽25787 per week

₽17406
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
₽139286
₽144141
₽139002
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 268
total
-
-
-
80 121
Employee
2 647
-
224 574
-
income
512
-
77 867
-
pensions
238
-
570
-
health
132
-
317
-
unemployment
26
-
63
-
total
908
-
78 817
-
Employer
2 647
-
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
80 243
80 121
After tax
140 740
141 024
145 757
145 879
Living cost
1 738
1 738
1 738
1 738
Free-cash
139 002
139 286
144 019
144 141

Estimated living cost  is ₽1738 per week

₽1033
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
₽131072
₽147097
₽131073
₽142492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 125
income
-
-
-
52 590
pensions
-
-
-
17 986
unemployment
-
-
-
1 038
total
-
-
-
78 739
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.

24 410
-
213 618
-
income
3 365
-
52 590
-
pensions
3 417
-
9 685
-
health
1 257
-
3 563
-
unemployment
183
-
519
-
total
8 222
-
66 357
-
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.

24 410
-
213 618
-
unemployment
183
-
519
-
health
1 257
-
3 563
-
pensions
2 929
-
8 301
-
total
4 369
-
12 383
-
Corporate
197 221
226 000
-
-
income
29 583
33 900
-
-
total
29 583
33 900
-
-
Dividends
167 638
192 100
-
-
withholding
25 146
28 815
-
-
total
25 146
28 815
-
-
Income
226 000
226 000
226 000
226 000
Total tax
67 320
62 715
78 740
78 739
After tax
158 680
163 285
147 260
147 261
Living cost
16 188
16 188
16 188
16 188
Free-cash
142 492
147 097
131 072
131 073

Estimated living cost  is ₽16188 per week

₽10899
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
₽73640
₽103267
₽91851
₽102930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
78 535
income
-
-
-
30 333
surtax
-
-
-
-
total
-
-
-
108 868
Employee
36 396
-
182 627
-
surtax
-
-
504
-
social contributions
4 004
-
20 089
-
income
7 112
-
63 113
-
total
11 116
-
83 706
-
Employer
36 396
-
182 627
-
social contributions
8 643
-
43 373
-
total
8 643
-
43 373
-
Corporate
180 961
226 000
-
-
surtax
-
-
-
-
income
38 002
47 461
-
-
total
38 002
47 461
-
-
Dividends
142 958
178 539
-
-
withholding
40 028
49 991
-
-
total
40 028
49 991
-
-
Income
226 000
226 000
226 000
226 000
Total tax
97 789
97 452
127 079
108 868
After tax
128 211
128 548
98 921
117 132
Living cost
25 281
25 281
25 281
25 281
Free-cash
102 930
103 267
73 640
91 851

Estimated living cost  is ₽25281 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
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.
₽5171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89258
₽116952
₽93193
₽110820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 774
pensions
-
-
-
24 597
unemployment
-
-
-
609
total
-
-
-
99 850
Employee
45 289
-
198 291
-
income
9 459
-
70 555
-
other
44
-
87
-
pensions
2 128
-
4 086
-
unemployment
701
-
1 347
-
total
12 332
-
76 075
-
Employer
45 289
-
198 291
-
other
363
-
696
-
unemployment
2 491
-
4 780
-
accident
897
-
1 721
-
pensions
10 688
-
20 513
-
total
14 439
-
27 710
-
Corporate
166 272
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.

24 940
33 901
-
-
total
24 940
33 901
-
-
Dividends
141 331
192 099
-
-
withholding
30 512
42 190
-
-
total
30 512
42 190
-
-
Income
226 000
226 000
226 000
226 000
Total tax
82 223
76 091
103 785
99 850
After tax
143 777
149 909
122 215
126 150
Living cost
32 957
32 957
32 957
32 957
Free-cash
110 820
116 952
89 258
93 193

Estimated living cost  is ₽32957 per week

₽23668
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.
₽6262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176921
₽177208
₽167392
₽171532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 741
income
-
-
-
33 900
pensions

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

-
-
-
4 815
unemployment
-
-
-
130
total
-
-
-
42 586
Employee
21 216
-
219 617
-
income
2 122
-
21 962
-
accident

We are using the highest rate at 1.1%.

233
-
358
-
pensions

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

1 863
-
2 857
-
health
976
-
1 497
-
total
5 194
-
26 674
-
Employer
21 216
-
219 617
-
unemployment
127
-
195
-
health
1 464
-
2 245
-
accident

We are using the highest rate at 1.1%.

233
-
358
-
pensions

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

2 338
-
3 585
-
total
4 162
-
6 383
-
Corporate
200 622
226 000
-
-
income
20 062
22 600
-
-
total
20 062
22 600
-
-
Dividends
180 559
203 400
-
-
withholding
9 028
10 170
-
-
total
9 028
10 170
-
-
Income
226 000
226 000
226 000
226 000
Total tax
38 446
32 770
33 057
42 586
After tax
187 554
193 230
192 943
183 414
Living cost
16 022
16 022
16 022
16 022
Free-cash
171 532
177 208
176 921
167 392

Estimated living cost  is ₽16022 per week

₽10597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
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.
₽4126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102573
₽80006
₽76399
₽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.

-
-
-
6 406
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.

-
-
-
76 603
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.

-
-
-
4 214
trade
-
-
-
26 174
total
-
-
-
113 397
Employee

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

46 659
-
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
-
4 214
-
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
-
76 603
-
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.

6 406
-
6 406
-
total
10 455
-
87 223
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 341
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
25 736
32 431
-
-
income
26 902
33 901
-
-
total
54 523
68 670
-
-
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
2 144
-
-
withholding
30 849
38 976
-
-
total
32 545
41 120
-
-
Income
226 000
226 000
226 000
226 000
Total tax
97 523
109 790
87 223
113 397
After tax
128 477
116 210
138 777
112 603
Living cost
36 204
36 204
36 204
36 204
Free-cash
92 273
80 006
102 573
76 399

Estimated living cost  is ₽36204 per week

₽24974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3895
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
₽58568
₽104781
₽58568
₽106854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 900
social contributions
-
-
-
39 114
total
-
-
-
114 014
Employee
73 353
-
226 000
-
income
13 841
-
74 900
-
social contributions
6 094
-
39 114
-
total
19 935
-
114 014
-
Employer
73 353
-
226 000
-
total
-
-
-
-
Corporate
152 647
226 000
-
-
income
19 080
28 250
-
-
total
19 080
28 250
-
-
Dividends
133 567
197 750
-
-
withholding
26 713
39 551
-
-
total
26 713
39 551
-
-
Income
226 000
226 000
226 000
226 000
Total tax
65 728
67 801
114 014
114 014
After tax
160 272
158 199
111 986
111 986
Living cost
53 418
53 418
53 418
53 418
Free-cash
106 854
104 781
58 568
58 568

Estimated living cost  is ₽53418 per week

₽40640
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.
₽7915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122936
₽107906
₽152246
₽111182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
226 000
income
-
-
-
33 901
health

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

-
-
-
5 812
total
-
-
-
39 713
Employee
43 018
-
221 686
-
income
4 668
-
60 395
-
social contributions
4 310
-
4 314
-
total
8 978
-
64 709
-
Employer
43 018
-
221 686
-
social contributions
4 310
-
4 314
-
total
4 310
-
4 314
-
Corporate
178 672
226 000
-
-
income
62 535
79 099
-
-
total
62 535
79 099
-
-
Dividends
116 136
146 901
-
-
social contributions
4 954
4 954
-
-
total
4 954
4 954
-
-
Income
226 000
226 000
226 000
226 000
Total tax
80 777
84 053
69 023
39 713
After tax
145 223
141 947
156 977
186 287
Living cost
34 041
34 041
34 041
34 041
Free-cash
111 182
107 906
122 936
152 246

Estimated living cost  is ₽34041 per week

₽22422
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.
₽8412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90608
₽106736
₽110715
₽112224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 244
pensions
-
-
-
9 597
total
-
-
-
80 841
Employee
47 279
-
196 845
-
income
8 610
-
57 839
-
health
617
-
2 610
-
pensions
3 609
-
11 345
-
total
12 836
-
71 794
-
Employer
47 279
-
196 845
-
health
899
-
3 739
-
pensions
4 777
-
25 415
-
total
5 676
-
29 154
-
Corporate
173 045
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.

32 880
42 939
-
-
total
32 880
42 939
-
-
Dividends
140 166
183 061
-
-
withholding
27 940
41 881
-
-
total
27 940
41 881
-
-
Income
226 000
226 000
226 000
226 000
Total tax
79 332
84 820
100 948
80 841
After tax
146 668
141 180
125 052
145 159
Living cost
34 444
34 444
34 444
34 444
Free-cash
112 224
106 736
90 608
110 715

Estimated living cost  is ₽34444 per week

₽23628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽102374
-₽4179
₽131794
₽14857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 059
accident
-
-
-
238
income
-
-
-
65 147
pensions
-
-
-
3 927
total
-
-
-
71 721
Employee
35 370
-
207 069
-
income
4 852
-
51 301
-
pensions
3 983
-
7 201
-
health
4 050
-
23 709
-
total
12 885
-
82 211
-
Employer
35 370
-
207 069
-
unemployment
866
-
5 073
-
accident
591
-
3 458
-
pensions
5 751
-
10 399
-
total
7 208
-
18 930
-
Corporate
183 422
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.

165 080
203 400
-
-
total
165 080
203 400
-
-
Dividends
18 342
22 600
-
-
withholding
3 485
4 294
-
-
total
3 485
4 294
-
-
Income
226 000
226 000
226 000
226 000
Total tax
188 658
207 694
101 141
71 721
After tax
37 342
18 306
124 859
154 279
Living cost
22 485
22 485
22 485
22 485
Free-cash
14 857
-4 179
102 374
131 794

Estimated living cost  is ₽22485 per week

₽16501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1310
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154574
₽160241
₽133982
₽157407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 082
work injury
-
-
-
749
pensions
-
-
-
27 556
unemployment
-
-
-
1 797
total
-
-
-
79 369
Employee

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

20 239
-
226 000
-
income
2 024
-
38 185
-
work injury
101
-
374
-
health insurance
1 498
-
5 541
-
pensions
3 724
-
13 778
-
unemployment
243
-
899
-
total
7 590
-
58 777
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
205 761
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
185 185
203 400
-
-
withholding
27 778
30 510
-
-
total
27 778
30 510
-
-
Income
226 000
226 000
226 000
226 000
Total tax
55 944
53 110
58 777
79 369
After tax
170 056
172 890
167 223
146 631
Living cost
12 649
12 649
12 649
12 649
Free-cash
157 407
160 241
154 574
133 982

Estimated living cost  is ₽12649 per week

₽7836
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
₽61899
₽81683
₽69604
₽77419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 934
national
-
-
-
64 843
regional
-
-
-
5 649
municipal
-
-
-
1 612
total
-
-
-
119 038
Employee
79 021
-
226 000
-
social contributions
26 645
-
61 532
-
municipal
472
-
1 481
-
national
13 354
-
58 567
-
regional
1 193
-
5 163
-
total
41 664
-
126 743
-
Employer
79 021
-
226 000
-
total
-
-
-
-
Corporate
146 979
226 000
-
-
nationa
35 274
54 241
-
-
municipal
7 084
10 893
-
-
total
42 358
65 134
-
-
Dividends
104 621
160 866
-
-
withholding
27 201
41 825
-
-
total
27 201
41 825
-
-
Income
226 000
226 000
226 000
226 000
Total tax
111 223
106 959
126 743
119 038
After tax
114 777
119 041
99 257
106 962
Living cost
37 358
37 358
37 358
37 358
Free-cash
77 419
81 683
61 899
69 604

Estimated living cost  is ₽37358 per week

₽26241
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.
₽7981
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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