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
₽83442
₽109251
₽81021
₽94567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
226 000
income

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

-
-
-
75 275
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.

-
-
-
4 140
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.

-
-
-
6 871
trade
-
-
-
28 230
total
-
-
-
114 516
Employee

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

38 468
-
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.

59
-
4 140
-
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.

1 075
-
75 275
-
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.

6 871
-
6 871
-
total
8 005
-
86 286
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
187 532
226 000
-
-
income
28 129
33 900
-
-
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.

1 548
1 865
-
-
chamber of commerce
422
477
-
-
trade
29 536
35 595
-
-
total
59 635
71 837
-
-
Dividends
127 898
154 162
-
-
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.

1 737
2 099
-
-
withholding
31 593
38 159
-
-
total
33 330
40 258
-
-
Income
226 000
226 000
226 000
226 000
Total tax
100 970
112 095
86 286
114 516
After tax
125 030
113 905
139 714
111 484
Living cost
30 463
30 463
30 463
30 463
Free-cash
94 567
83 442
109 251
81 021

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87613
₽77345
₽76132
₽86724
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
social contributions
-
-
-
2 429
municipal
-
-
-
25 044
national
-
-
-
41 864
pensions
-
-
-
27 120
total
-
-
-
96 457
Employee
82 797
-
195 375
-
municipal
10 227
-
25 919
-
pensions
3 312
-
7 815
-
national
15 847
-
43 780
-
total
29 386
-
77 514
-
Employer
82 797
-
195 375
-
pensions
6 624
-
15 630
-
social contributions
890
-
2 100
-
total
7 514
-
17 730
-
Corporate
130 225
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%.

26 045
45 200
-
-
total
26 045
45 200
-
-
Dividends
104 180
180 800
-
-
withholding
22 920
39 776
-
-
total
22 920
39 776
-
-
Income
226 000
226 000
226 000
226 000
Total tax
85 865
84 976
95 244
96 457
After tax
140 135
141 024
130 756
129 543
Living cost
53 411
53 411
53 411
53 411
Free-cash
86 724
87 613
77 345
76 132

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159877
₽77321
₽61261
₽151626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
226 000
income
-
-
-
47 650
surtax
-
-
-
57 630
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.

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
143 815
Employee
29 388
-
177 590
-
surtax
-
-
25 751
-
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.

3 233
-
13 185
-
income
5 231
-
40 410
-
total
8 464
-
79 346
-
Employer
29 388
-
177 590
-
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.

7 079
-
28 875
-
surtax
-
-
19 534
-
total
7 079
-
48 409
-
Corporate
189 533
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%.

37 907
45 199
-
-
total
37 907
45 199
-
-
Dividends

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

151 626
180 801
-
-
total
-
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
53 450
45 199
127 755
143 815
After tax
172 550
180 801
98 245
82 185
Living cost
20 924
20 924
20 924
20 924
Free-cash
151 626
159 877
77 321
61 261

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70488
₽102406
₽79239
₽64325
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 443
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
104 629
Employee
85 887
85 887
207 309
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
38 585
-
health
13 183
11 213
12 402
-
total
42 701
37 055
62 771
-
Employer
85 887
85 887
207 309
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
126 127
125 073
-
-
income
25 226
25 014
-
-
total
25 226
25 014
-
-
Dividends
100 901
100 059
-
-
income
21 441
21 262
-
-
withholding
15 135
15 009
-
-
total
36 576
36 271
-
-
Income
226 000
226 000
226 000
226 000
Total tax
119 543
113 380
81 462
104 629
After tax
106 457
112 620
144 538
121 371
Living cost
42 132
42 132
42 132
42 132
Free-cash
64 325
70 488
102 406
79 239

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82190
₽71124
₽72125
₽81265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
59 591
national
-
-
-
26 916
pensions
-
-
-
9 762
total
-
-
-
112 669
Employee
58 715
-
197 625
-
municipal
17 509
-
58 932
-
national
-
-
26 363
-
total
17 509
-
85 295
-
Employer
58 715
-
197 625
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
148 837
226 000
-
-
income
32 744
49 720
-
-
total
32 744
49 720
-
-
Dividends
116 093
176 280
-
-
withholding
34 828
52 884
-
-
total
34 828
52 884
-
-
Income
226 000
226 000
226 000
226 000
Total tax
103 529
102 604
113 670
112 669
After tax
122 471
123 396
112 330
113 331
Living cost
41 206
41 206
41 206
41 206
Free-cash
81 265
82 190
71 124
72 125

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73234
₽100204
₽70720
₽87368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
226 000
income

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

-
-
-
75 275
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.

-
-
-
4 140
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.

-
-
-
6 871
trade
-
-
-
29 484
total
-
-
-
115 770
Employee

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

51 004
-
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.

240
-
4 140
-
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.

4 382
-
75 275
-
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.

6 871
-
6 871
-
total
11 493
-
86 286
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
174 996
226 000
-
-
income
26 249
33 900
-
-
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.

1 443
1 865
-
-
chamber of commerce
401
473
-
-
trade
28 787
37 178
-
-
total
56 880
73 416
-
-
Dividends
118 117
152 584
-
-
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.

1 603
2 077
-
-
withholding
29 146
37 763
-
-
total
30 749
39 840
-
-
Income
226 000
226 000
226 000
226 000
Total tax
99 122
113 256
86 286
115 770
After tax
126 878
112 744
139 714
110 230
Living cost
39 510
39 510
39 510
39 510
Free-cash
87 368
73 234
100 204
70 720

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132088
₽117550
₽119405
₽127918
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 939
social contributions
-
-
-
16 273
health
-
-
-
5 762
total
-
-
-
73 974
Employee
77 337
77 337
213 396
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
50 940
-
health
769
1 315
3 628
-
total
12 648
14 893
63 225
-
Employer
77 337
77 337
213 396
-
health
838
1 431
3 947
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
12 604
-
Corporate
176 134
140 813
-
-
income
22 018
17 601
-
-
total
22 018
17 601
-
-
Dividends
154 117
123 212
-
-
withholding
26 199
20 947
-
-
total
26 199
20 947
-
-
Income
226 000
226 000
226 000
226 000
Total tax
65 461
61 291
75 829
73 974
After tax
160 539
164 709
150 171
152 026
Living cost
32 621
32 621
32 621
32 621
Free-cash
127 918
132 088
117 550
119 405

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
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.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108401
₽112559
₽138106
₽108785
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 641
10 603
189 121
-
unemployment
400
159
2 837
-
pensions
2 664
1 060
18 912
-
income
3 257
1 296
23 120
-
health
1 865
742
13 238
-
total
8 186
3 257
58 107
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 641
10 603
189 121
-
pensions
5 195
2 068
36 879
-
total
5 195
2 068
36 879
-
Corporate
194 164
213 330
-
-
income
17 475
19 200
-
-
total
17 475
19 200
-
-
Dividends
176 690
194 130
-
-
social contributions
34 333
37 734
-
-
withholding
33 571
36 885
-
-
total
67 904
74 619
-
-
Income
226 000
226 000
226 000
226 000
Total tax
98 760
99 144
94 986
69 439
After tax
127 240
126 856
131 014
156 561
Living cost
18 455
18 455
18 455
18 455
Free-cash
108 785
108 401
112 559
138 106

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156508
₽105970
₽96844
₽150260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
30 284
health
-
-
-
29 381
pensions
-
-
-
45 199
total
-
-
-
104 864
Employee
28 531
-
168 908
-
unemployment
456
-
2 703
-
pensions
571
-
3 378
-
income
3 212
-
32 566
-
total
4 239
-
38 647
-
Employer
28 531
-
168 908
-
health
3 708
-
21 958
-
pensions
5 707
-
33 782
-
unemployment
229
-
1 351
-
total
9 644
-
57 091
-
Corporate
187 824
226 000
-
-
income
37 565
45 199
-
-
total
37 565
45 199
-
-
Dividends
150 259
180 801
-
-
total
-
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
51 448
45 199
95 738
104 864
After tax
174 552
180 801
130 262
121 136
Living cost
24 292
24 292
24 292
24 292
Free-cash
150 260
156 508
105 970
96 844

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
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.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4094
₽101997
₽131927
₽14870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
accident
-
-
-
257
income
-
-
-
64 582
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
71 673
Employee
35 237
-
206 283
-
pensions
3 968
-
7 768
-
income
4 834
-
50 498
-
health
4 035
-
23 620
-
total
12 837
-
81 886
-
Employer
35 237
-
206 283
-
pensions
5 730
-
11 218
-
accident
588
-
3 445
-
unemployment
863
-
5 054
-
total
7 181
-
19 717
-
Corporate
183 582
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.

165 224
203 400
-
-
total
165 224
203 400
-
-
Dividends
18 358
22 600
-
-
withholding
3 488
4 294
-
-
total
3 488
4 294
-
-
Income
226 000
226 000
226 000
226 000
Total tax
188 730
207 694
101 603
71 673
After tax
37 270
18 306
124 397
154 327
Living cost
22 400
22 400
22 400
22 400
Free-cash
14 870
-4 094
101 997
131 927

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
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.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽206560
₽172660
₽215600
₽205034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 174
-
226 000
-
income
2 035
-
45 200
-
total
2 035
-
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%.

215 826
226 000
-
-
total
-
-
-
-
Dividends
215 826
226 000
-
-
withholding
10 791
11 300
-
-
total
10 791
11 300
-
-
Income
226 000
226 000
226 000
226 000
Total tax
12 826
11 300
45 200
2 260
After tax
213 174
214 700
180 800
223 740
Living cost
8 140
8 140
8 140
8 140
Free-cash
205 034
206 560
172 660
215 600

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139245
₽107064
₽108932
₽132448
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 569
other
-
-
-
7 264
health
-
-
-
6 730
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.

-
-
-
36 706
total
-
-
-
90 269
Employee
36 518
-
187 185
-
unemployment
365
-
1 529
-
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.

2 556
-
10 705
-
income
6 287
-
38 947
-
health
512
-
2 141
-
total
9 720
-
53 322
-
Employer
36 518
-
187 185
-
health
512
-
2 141
-
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.

6 209
-
26 001
-
accident
292
-
1 498
-
unemployment
365
-
1 529
-
other
1 827
-
7 646
-
total
9 205
-
38 815
-
Corporate
180 279
226 000
-
-
income
37 859
47 459
-
-
total
37 859
47 459
-
-
Dividends
142 420
178 541
-
-
withholding
9 969
12 497
-
-
total
9 969
12 497
-
-
Income
226 000
226 000
226 000
226 000
Total tax
66 753
59 956
92 137
90 269
After tax
159 247
166 044
133 863
135 731
Living cost
26 799
26 799
26 799
26 799
Free-cash
132 448
139 245
107 064
108 932

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
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.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75697
₽59077
₽79257
₽83746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
69 892
pensions
-
-
-
9 992
total
-
-
-
79 884
Employee
94 595
-
196 962
-
pensions
9 126
-
11 927
-
income
17 052
-
56 437
-
health
1 559
-
2 662
-
total
27 737
-
71 026
-
Employer
94 595
-
196 962
-
health
1 797
-
3 743
-
pensions
11 169
-
25 295
-
total
12 966
-
29 038
-
Corporate
118 439
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.

22 503
42 939
-
-
total
22 503
42 939
-
-
Dividends
95 936
183 061
-
-
withholding
12 189
40 505
-
-
total
12 189
40 505
-
-
Income
226 000
226 000
226 000
226 000
Total tax
75 395
83 444
100 064
79 884
After tax
150 605
142 556
125 936
146 116
Living cost
66 859
66 859
66 859
66 859
Free-cash
83 746
75 697
59 077
79 257

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽180025
₽178889
₽169502
₽175346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
33 900
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
43 293
Employee
17 485
-
219 098
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
21 910
-
health
804
-
1 618
-
total
4 280
-
27 004
-
Employer
17 485
-
219 098
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
205 084
226 000
-
-
income
20 508
22 600
-
-
total
20 508
22 600
-
-
Dividends
184 576
203 400
-
-
withholding
9 229
10 170
-
-
total
9 229
10 170
-
-
Income
226 000
226 000
226 000
226 000
Total tax
37 449
32 770
33 906
43 293
After tax
188 551
193 230
192 094
182 707
Living cost
13 205
13 205
13 205
13 205
Free-cash
175 346
180 025
178 889
169 502

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56850
₽88768
₽65601
₽59379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 443
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
104 629
Employee
93 245
85 887
207 309
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
38 585
-
health
11 633
11 213
12 402
-
total
37 475
37 055
62 771
-
Employer
93 245
85 887
207 309
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
116 428
125 073
-
-
income
23 285
25 014
-
-
total
23 285
25 014
-
-
Dividends
93 144
100 059
-
-
income
19 794
21 262
-
-
withholding
13 971
15 009
-
-
total
33 765
36 271
-
-
Income
226 000
226 000
226 000
226 000
Total tax
110 851
113 380
81 462
104 629
After tax
115 149
112 620
144 538
121 371
Living cost
55 770
55 770
55 770
55 770
Free-cash
59 379
56 850
88 768
65 601

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130608
₽98217
₽108059
₽121691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 929
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
2 545
health
-
-
-
30 510
total
-
-
-
92 948
Employee
36 754
-
179 091
-
solidarity contribution
-
-
1 662
-
social contributions
2 389
-
8 006
-
income
4 411
-
22 036
-
health
4 962
-
24 177
-
total
11 762
-
55 881
-
Employer
36 754
-
179 091
-
health
3 308
-
16 118
-
social contributions
9 189
-
30 791
-
total
12 497
-
46 909
-
Corporate
176 749
226 000
-
-
income
33 582
42 940
-
-
total
33 582
42 940
-
-
Dividends
143 167
183 060
-
-
withholding
21 475
27 459
-
-
total
21 475
27 459
-
-
Income
226 000
226 000
226 000
226 000
Total tax
79 316
70 399
102 790
92 948
After tax
146 684
155 601
123 210
133 052
Living cost
24 993
24 993
24 993
24 993
Free-cash
121 691
130 608
98 217
108 059

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78142
₽57935
₽66464
₽72889
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 337
regional
-
-
-
2 856
municipal
-
-
-
1 405
national
-
-
-
62 499
total
-
-
-
117 097
Employee
89 385
-
226 000
-
municipal
473
-
1 281
-
national
15 488
-
55 767
-
regional
843
-
2 585
-
social contributions
30 141
-
65 993
-
total
46 945
-
125 626
-
Employer
89 385
-
226 000
-
total
-
-
-
-
Corporate
136 615
226 000
-
-
municipal
5 329
8 814
-
-
nationa
32 788
54 240
-
-
total
38 117
63 054
-
-
Dividends
98 499
162 946
-
-
withholding
25 610
42 365
-
-
total
25 610
42 365
-
-
Income
226 000
226 000
226 000
226 000
Total tax
110 672
105 419
125 626
117 097
After tax
115 328
120 581
100 374
108 903
Living cost
42 439
42 439
42 439
42 439
Free-cash
72 889
78 142
57 935
66 464

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119960
₽77958
₽84107
₽116829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 105
other
-
-
-
-
surtax
-
-
-
11 990
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
119 700
Employee
33 259
-
197 745
-
other
-
-
-
-
unemployment
2 315
-
9 343
-
pensions
2 218
-
8 953
-
surtax
109
-
10 787
-
income
5 575
-
65 089
-
health
849
-
3 422
-
total
11 066
-
97 594
-
Employer
33 259
-
197 745
-
health
1 514
-
6 108
-
pensions
4 434
-
17 893
-
unemployment
1 054
-
4 254
-
other
-
-
-
-
total
7 002
-
28 255
-
Corporate
185 740
226 000
-
-
income
48 293
58 760
-
-
total
48 293
58 760
-
-
Dividends
137 447
167 240
-
-
withholding
20 617
25 087
-
-
total
20 617
25 087
-
-
Income
226 000
226 000
226 000
226 000
Total tax
86 978
83 847
125 849
119 700
After tax
139 022
142 153
100 151
106 300
Living cost
22 193
22 193
22 193
22 193
Free-cash
116 829
119 960
77 958
84 107

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96880
₽80260
₽100440
₽103483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 892
pensions
-
-
-
9 992
total
-
-
-
79 884
Employee
63 395
-
196 962
-
pensions
5 381
-
11 927
-
income
11 418
-
56 437
-
health
920
-
2 662
-
total
17 719
-
71 026
-
Employer
63 395
-
196 962
-
health
1 204
-
3 743
-
pensions
6 863
-
25 295
-
total
8 067
-
29 038
-
Corporate
154 538
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.

29 361
42 939
-
-
total
29 361
42 939
-
-
Dividends
125 177
183 061
-
-
withholding
21 694
40 505
-
-
total
21 694
40 505
-
-
Income
226 000
226 000
226 000
226 000
Total tax
76 841
83 444
100 064
79 884
After tax
149 159
142 556
125 936
146 116
Living cost
45 676
45 676
45 676
45 676
Free-cash
103 483
96 880
80 260
100 440

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23599
₽91421
₽99994
₽57718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
12 477
health
-
-
-
508
city
-
-
-
2 382
national
-
-
-
5 581
pensions
-
-
-
20 793
total
-
-
-
46 261
Employee
93 322
-
203 223
-
unemployment
-
-
-
-
pensions
7 840
-
16 023
-
national
442
-
4 546
-
regional
3 056
-
11 068
-
city
1 002
-
2 196
-
health
211
-
457
-
total
12 551
-
34 290
-
Employer
93 322
-
203 223
-
health
211
-
457
-
pensions
7 840
-
16 023
-
unemployment
-
-
-
-
other

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

1 866
-
4 064
-
total
9 917
-
20 544
-
Corporate
121 735
226 000
-
-
regional
25 747
47 800
-
-
national
10 347
19 210
-
-
total
36 094
67 010
-
-
Dividends
85 640
158 991
-
-
withholding
29 975
55 646
-
-
total
29 975
55 646
-
-
Income
226 000
226 000
226 000
226 000
Total tax
88 537
122 656
54 834
46 261
After tax
137 463
103 344
171 166
179 739
Living cost
79 745
79 745
79 745
79 745
Free-cash
57 718
23 599
91 421
99 994

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽65506
₽93640
₽62900
₽81816
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
226 000
income

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

-
-
-
75 275
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.

-
-
-
4 140
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.

-
-
-
6 871
trade
-
-
-
30 740
total
-
-
-
117 026
Employee

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

60 444
-
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.

391
-
4 140
-
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.

7 108
-
75 275
-
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.

6 871
-
6 871
-
total
14 370
-
86 286
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 556
226 000
-
-
income
24 833
33 900
-
-
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.

1 367
1 865
-
-
chamber of commerce
386
471
-
-
trade
28 392
38 760
-
-
total
54 978
74 996
-
-
Dividends
110 579
151 004
-
-
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.

1 500
2 056
-
-
withholding
27 262
37 368
-
-
total
28 762
39 424
-
-
Income
226 000
226 000
226 000
226 000
Total tax
98 110
114 420
86 286
117 026
After tax
127 890
111 580
139 714
108 974
Living cost
46 074
46 074
46 074
46 074
Free-cash
81 816
65 506
93 640
62 900

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79495
₽82680
₽89283
₽85435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 139
other
-
-
-
7 006
surtax
-
-
-
-
social contributions
-
-
-
6 440
health
-
-
-
11 079
pensions
-
-
-
35 643
total
-
-
-
102 307
Employee
43 044
-
172 395
-
pensions
4 867
-
13 030
-
surtax
-
-
-
-
social contributions
1 227
-
4 913
-
income
2 540
-
37 366
-
total
8 634
-
55 309
-
Employer
43 044
-
172 395
-
health
3 014
-
17 184
-
pensions
7 071
-
21 749
-
unemployment
1 743
-
6 982
-
social contributions
130
-
517
-
other
1 485
-
7 169
-
total
13 443
-
53 601
-
Corporate
169 513
226 000
-
-
income
47 463
63 279
-
-
surtax
-
-
-
-
total
47 463
63 279
-
-
Dividends
122 050
162 721
-
-
surtax
-
-
-
-
social contributions
20 993
27 988
-
-
withholding
15 622
20 828
-
-
total
36 615
48 816
-
-
Income
226 000
226 000
226 000
226 000
Total tax
106 155
112 095
108 910
102 307
After tax
119 845
113 905
117 090
123 693
Living cost
34 410
34 410
34 410
34 410
Free-cash
85 435
79 495
82 680
89 283

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82904
₽86089
₽92692
₽88488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 139
other
-
-
-
7 006
surtax
-
-
-
-
social contributions
-
-
-
6 440
health
-
-
-
11 079
pensions
-
-
-
35 643
total
-
-
-
102 307
Employee
38 423
-
172 395
-
pensions
4 346
-
13 030
-
surtax
-
-
-
-
social contributions
1 096
-
4 913
-
income
1 981
-
37 366
-
total
7 423
-
55 309
-
Employer
38 423
-
172 395
-
health
2 689
-
17 184
-
pensions
6 314
-
21 749
-
unemployment
1 556
-
6 982
-
social contributions
115
-
517
-
other
1 326
-
7 169
-
total
12 000
-
53 601
-
Corporate
175 577
226 000
-
-
income
49 162
63 279
-
-
surtax
-
-
-
-
total
49 162
63 279
-
-
Dividends
126 416
162 721
-
-
surtax
-
-
-
-
social contributions
21 745
27 988
-
-
withholding
16 181
20 828
-
-
total
37 926
48 816
-
-
Income
226 000
226 000
226 000
226 000
Total tax
106 511
112 095
108 910
102 307
After tax
119 489
113 905
117 090
123 693
Living cost
31 001
31 001
31 001
31 001
Free-cash
88 488
82 904
86 089
92 692

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116551
₽117715
₽123810
₽117075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
33 900
social contributions
-
-
-
31 188
health
-
-
-
15 775
total
-
-
-
80 863
Employee
34 101
-
226 000
-
social contributions
4 707
-
31 188
-
income
5 688
-
39 995
-
health
2 380
-
15 775
-
total
12 775
-
86 958
-
Employer
34 101
-
226 000
-
total
-
-
-
-
Corporate
191 899
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%.

9 595
11 301
-
-
total
9 595
11 301
-
-
Dividends
182 305
214 699
-
-
social contributions
25 157
29 629
-
-
withholding
27 346
32 206
-
-
health
12 725
14 986
-
-
total
65 228
76 821
-
-
Income
226 000
226 000
226 000
226 000
Total tax
87 598
88 122
86 958
80 863
After tax
138 402
137 878
139 042
145 137
Living cost
21 327
21 327
21 327
21 327
Free-cash
117 075
116 551
117 715
123 810

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
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.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89143
₽23814
₽80341
₽87585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 223
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
905
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
110 220
Employee
50 263
40 080
186 920
-
other
502
401
1 176
-
unemployment
1 508
1 202
3 525
-
pensions
5 147
4 103
12 032
-
income
5 722
2 956
60 613
-
health
1 945
1 552
4 546
-
total
14 824
10 214
81 892
-
Employer
50 263
40 080
186 920
-
chamber of commerce
200
160
748
-
health
1 899
1 515
4 441
-
pensions
6 308
5 031
14 746
-
accident
653
521
1 527
-
unemployment
1 508
1 202
3 525
-
surtax
198
198
198
-
payroll
1 508
1 202
5 607
-
other
2 388
1 903
8 287
-
total
14 662
11 732
39 079
-
Corporate
161 075
174 185
183 102
-
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.

40 269
43 547
45 776
-
total
40 269
43 547
45 776
-
Dividends
120 806
130 639
-
-
withholding
33 221
35 925
-
-
total
33 221
35 925
-
-
Income
226 000
226 000
226 000
226 000
Total tax
102 976
101 418
166 747
110 220
After tax
123 024
124 582
59 253
115 780
Living cost
35 439
35 439
35 439
35 439
Free-cash
87 585
89 143
23 814
80 341

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87364
₽40171
₽61625
₽74540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
communal

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

-
-
-
12 055
social contributions
-
-
-
25 075
national
-
-
-
90 574
total
-
-
-
127 704
Employee

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

71 942
-
175 046
-
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.

626
-
1 523
-
communal

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

3 752
-
9 131
-
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.

5 396
-
13 129
-
national
22 118
-
66 194
-
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.

3 380
-
8 228
-
total
35 272
-
98 205
-
Employer

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

71 942
-
175 046
-
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.

4 424
-
10 764
-
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.

6 375
-
15 509
-
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.

935
-
2 275
-
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.

1 050
-
2 556
-
surtax
8 157
-
19 849
-
total
20 941
-
50 953
-
Corporate
133 117
226 000
-
-
income
26 623
48 362
-
-
surtax
532
968
-
-
total
27 155
49 330
-
-
Dividends
105 962
176 670
-
-
withholding

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

31 421
52 635
-
-
total
31 421
52 635
-
-
Income
226 000
226 000
226 000
226 000
Total tax
114 789
101 965
149 158
127 704
After tax
111 211
124 035
76 842
98 296
Living cost
36 671
36 671
36 671
36 671
Free-cash
74 540
87 364
40 171
61 625

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113734
₽85743
₽89961
₽106841
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
accident
-
-
-
840
income
-
-
-
71 749
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
99 717
Employee
50 064
-
196 281
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
68 296
-
total
13 743
-
74 217
-
Employer
50 064
-
196 281
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
159 979
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.

23 997
33 900
-
-
total
23 997
33 900
-
-
Dividends
135 982
192 100
-
-
withholding
29 139
42 044
-
-
total
29 139
42 044
-
-
Income
226 000
226 000
226 000
226 000
Total tax
82 837
75 944
103 935
99 717
After tax
143 163
150 056
122 065
126 283
Living cost
36 322
36 322
36 322
36 322
Free-cash
106 841
113 734
85 743
89 961

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73352
₽60620
₽51612
₽59521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
communal
-
-
-
14 284
accident
-
-
-
1 905
income
-
-
-
42 586
surtax
-
-
-
11 203
health
-
-
-
15 880
pensions
-
-
-
33 874
total
-
-
-
119 732
Employee
76 164
-
201 875
-
pensions
6 092
-
16 151
-
surtax
4 668
-
12 372
-
income
7 357
-
49 092
-
health
3 390
-
8 984
-
total
21 507
-
86 599
-
Employer
76 164
-
201 875
-
health
2 323
-
6 157
-
pensions
6 092
-
16 151
-
accident
685
-
1 817
-
total
9 100
-
24 125
-
Corporate
140 735
226 000
-
-
communal
9 499
15 255
-
-
income
21 111
33 900
-
-
surtax
1 477
2 372
-
-
total
32 087
51 527
-
-
Dividends
108 648
174 472
-
-
income
32 832
20 294
-
-
withholding
16 297
26 171
-
-
total
49 129
46 465
-
-
Income
226 000
226 000
226 000
226 000
Total tax
111 823
97 992
110 724
119 732
After tax
114 177
128 008
115 276
106 268
Living cost
54 656
54 656
54 656
54 656
Free-cash
59 521
73 352
60 620
51 612

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119563
₽77561
₽83710
₽116364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 105
other
-
-
-
-
surtax
-
-
-
11 990
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
119 700
Employee
33 870
-
197 745
-
other
-
-
-
-
unemployment
2 357
-
9 343
-
pensions
2 260
-
8 953
-
surtax
120
-
10 787
-
income
5 678
-
65 089
-
health
865
-
3 422
-
total
11 280
-
97 594
-
Employer
33 870
-
197 745
-
health
1 540
-
6 108
-
pensions
4 516
-
17 893
-
unemployment
1 075
-
4 254
-
other
-
-
-
-
total
7 131
-
28 255
-
Corporate
184 999
226 000
-
-
income
48 100
58 760
-
-
total
48 100
58 760
-
-
Dividends
136 899
167 240
-
-
withholding
20 535
25 087
-
-
total
20 535
25 087
-
-
Income
226 000
226 000
226 000
226 000
Total tax
87 046
83 847
125 849
119 700
After tax
138 954
142 153
100 151
106 300
Living cost
22 590
22 590
22 590
22 590
Free-cash
116 364
119 563
77 561
83 710

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
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.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91698
₽72619
₽81100
₽89464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 337
regional
-
-
-
3 566
municipal
-
-
-
1 405
national
-
-
-
62 499
total
-
-
-
117 807
Employee
55 790
-
226 000
-
municipal
296
-
1 281
-
national
8 839
-
55 767
-
regional
751
-
3 247
-
social contributions
18 813
-
65 993
-
total
28 699
-
126 288
-
Employer
55 790
-
226 000
-
total
-
-
-
-
Corporate
170 210
226 000
-
-
municipal
8 459
11 232
-
-
nationa
40 850
54 240
-
-
total
49 309
65 472
-
-
Dividends
120 901
160 528
-
-
withholding
31 435
41 737
-
-
total
31 435
41 737
-
-
Income
226 000
226 000
226 000
226 000
Total tax
109 443
107 209
126 288
117 807
After tax
116 557
118 791
99 712
108 193
Living cost
27 093
27 093
27 093
27 093
Free-cash
89 464
91 698
72 619
81 100

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
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.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124803
₽92412
₽102254
₽113816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 929
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
2 545
health
-
-
-
30 510
total
-
-
-
92 948
Employee
45 291
-
179 091
-
solidarity contribution
-
-
1 662
-
social contributions
2 944
-
8 006
-
income
5 435
-
22 036
-
health
6 114
-
24 177
-
total
14 493
-
55 881
-
Employer
45 291
-
179 091
-
health
4 076
-
16 118
-
social contributions
11 323
-
30 791
-
total
15 399
-
46 909
-
Corporate
165 310
226 000
-
-
income
31 409
42 940
-
-
total
31 409
42 940
-
-
Dividends
133 901
183 060
-
-
withholding
20 085
27 459
-
-
total
20 085
27 459
-
-
Income
226 000
226 000
226 000
226 000
Total tax
81 386
70 399
102 790
92 948
After tax
144 614
155 601
123 210
133 052
Living cost
30 798
30 798
30 798
30 798
Free-cash
113 816
124 803
92 412
102 254

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92602
₽27216
₽83891
₽92102
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 223
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
905
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
110 022
Employee
43 964
40 080
187 105
-
other
439
401
1 176
-
unemployment
1 319
1 202
3 525
-
pensions
4 502
4 103
12 032
-
income
3 916
2 956
60 701
-
health
1 701
1 552
4 546
-
total
11 877
10 214
81 980
-
Employer
43 964
40 080
187 105
-
chamber of commerce
176
160
748
-
health
1 662
1 515
4 441
-
pensions
5 518
5 031
14 746
-
accident
571
521
1 527
-
unemployment
1 319
1 202
3 525
-
surtax
-
-
-
-
payroll
1 319
1 202
5 613
-
other
2 088
1 903
8 295
-
total
12 653
11 534
38 895
-
Corporate
169 384
174 384
183 288
-
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.

42 346
43 596
45 822
-
total
42 346
43 596
45 822
-
Dividends
127 038
130 788
-
-
withholding
34 935
35 967
-
-
total
34 935
35 967
-
-
Income
226 000
226 000
226 000
226 000
Total tax
101 811
101 311
166 697
110 022
After tax
124 189
124 689
59 303
115 978
Living cost
32 087
32 087
32 087
32 087
Free-cash
92 102
92 602
27 216
83 891

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
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.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽202016
₽168116
₽211056
₽199638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 855
-
226 000
-
income
3 171
-
45 200
-
total
3 171
-
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%.

210 145
226 000
-
-
total
-
-
-
-
Dividends
210 145
226 000
-
-
withholding
10 507
11 300
-
-
total
10 507
11 300
-
-
Income
226 000
226 000
226 000
226 000
Total tax
13 678
11 300
45 200
2 260
After tax
212 322
214 700
180 800
223 740
Living cost
12 684
12 684
12 684
12 684
Free-cash
199 638
202 016
168 116
211 056

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128625
₽73072
₽77974
₽120213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
226 000
income
-
-
-
57 198
unemployment
-
-
-
340
health
-
-
-
22 239
pensions
-
-
-
41 273
total
-
-
-
121 050
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.

44 474
-
195 554
-
unemployment
63
-
273
-
pensions
6 894
-
30 310
-
income
7 670
-
52 293
-
health
2 872
-
12 631
-
total
17 499
-
95 507
-
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.

44 474
-
195 554
-
health
2 962
-
13 022
-
pensions
3 936
-
17 307
-
unemployment
27
-
116
-
total
6 925
-
30 445
-
Corporate
174 601
226 000
-
-
income
33 173
42 940
-
-
total
33 173
42 940
-
-
Dividends
141 428
183 060
-
-
withholding
21 214
27 459
-
-
total
21 214
27 459
-
-
Income
226 000
226 000
226 000
226 000
Total tax
78 811
70 399
125 952
121 050
After tax
147 189
155 601
100 048
104 950
Living cost
26 976
26 976
26 976
26 976
Free-cash
120 213
128 625
73 072
77 974

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93495
₽168581
₽112181
₽44988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
44 052
social contributions
-
-
-
25 764
total
-
-
-
69 816
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
73 942
226 000
-
-
income
16 267
49 720
-
-
total
16 267
49 720
-
-
Dividends
57 675
176 280
-
-
income
12 688
38 782
-
-
total
12 688
38 782
-
-
Income
226 000
226 000
226 000
226 000
Total tax
137 009
88 502
13 416
69 816
After tax
88 991
137 498
212 584
156 184
Living cost
44 003
44 003
44 003
44 003
Free-cash
44 988
93 495
168 581
112 181

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97002
₽68714
₽86353
₽95990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
226 000
income
-
-
-
29 565
surtax
-
-
-
-
social contributions

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

-
-
-
78 535
total
-
-
-
108 100
Employee
46 257
-
182 625
-
surtax
-
-
246
-
social contributions
5 088
-
20 088
-
income
9 622
-
62 032
-
total
14 710
-
82 366
-
Employer
46 257
-
182 625
-
social contributions
10 986
-
43 373
-
total
10 986
-
43 373
-
Corporate
168 758
226 000
-
-
income
35 439
47 459
-
-
surtax
-
-
-
-
total
35 439
47 459
-
-
Dividends
133 319
178 541
-
-
withholding
37 328
49 992
-
-
total
37 328
49 992
-
-
Income
226 000
226 000
226 000
226 000
Total tax
98 463
97 451
125 739
108 100
After tax
127 537
128 549
100 261
117 900
Living cost
31 547
31 547
31 547
31 547
Free-cash
95 990
97 002
68 714
86 353

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65329
₽68514
₽75117
₽72242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 139
other
-
-
-
7 006
surtax
-
-
-
-
social contributions
-
-
-
6 440
health
-
-
-
11 079
pensions
-
-
-
35 643
total
-
-
-
102 307
Employee
62 992
-
172 395
-
pensions
7 125
-
13 030
-
surtax
-
-
-
-
social contributions
1 794
-
4 913
-
income
5 496
-
37 366
-
total
14 415
-
55 309
-
Employer
62 992
-
172 395
-
health
4 409
-
17 184
-
pensions
10 350
-
21 749
-
unemployment
2 552
-
6 982
-
social contributions
189
-
517
-
other
2 174
-
7 169
-
total
19 674
-
53 601
-
Corporate
143 334
226 000
-
-
income
40 134
63 279
-
-
surtax
-
-
-
-
total
40 134
63 279
-
-
Dividends
103 200
162 721
-
-
surtax
-
-
-
-
social contributions
17 750
27 988
-
-
withholding
13 209
20 828
-
-
total
30 959
48 816
-
-
Income
226 000
226 000
226 000
226 000
Total tax
105 182
112 095
108 910
102 307
After tax
120 818
113 905
117 090
123 693
Living cost
48 576
48 576
48 576
48 576
Free-cash
72 242
65 329
68 514
75 117

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173168
₽140533
₽134529
₽169790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 520
social contributions
-
-
-
49 719
total
-
-
-
61 239
Employee
32 334
-
195 671
-
income
-
-
12 188
-
social contributions
2 101
-
12 719
-
total
2 101
-
24 907
-
Employer
32 334
-
195 671
-
social contributions
5 012
-
30 328
-
total
5 012
-
30 328
-
Corporate
188 654
226 000
-
-
income
18 865
22 600
-
-
total
18 865
22 600
-
-
Dividends
169 790
203 400
-
-
total
-
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
25 978
22 600
55 235
61 239
After tax
200 022
203 400
170 765
164 761
Living cost
30 232
30 232
30 232
30 232
Free-cash
169 790
173 168
140 533
134 529

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6974
₽6974
₽82049
₽3972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 010
municipal
-
-
-
48 530
national
-
-
-
28 126
pensions
-
-
-
871
total
-
-
-
95 537
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
6 973
-
-
-
income
1 534
-
-
-
total
1 534
-
-
-
Dividends
5 439
-
-
-
withholding
1 468
-
-
-
total
1 468
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
173 614
170 612
170 612
95 537
After tax
52 386
55 388
55 388
130 463
Living cost
48 414
48 414
48 414
48 414
Free-cash
3 972
6 974
6 974
82 049

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3764
₽102327
₽132257
₽14920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
accident
-
-
-
257
income
-
-
-
64 582
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
71 673
Employee
34 717
-
206 283
-
pensions
3 909
-
7 768
-
income
4 763
-
50 498
-
health
3 975
-
23 620
-
total
12 647
-
81 886
-
Employer
34 717
-
206 283
-
pensions
5 645
-
11 218
-
accident
580
-
3 445
-
unemployment
851
-
5 054
-
total
7 076
-
19 717
-
Corporate
184 207
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.

165 787
203 400
-
-
total
165 787
203 400
-
-
Dividends
18 421
22 600
-
-
withholding
3 500
4 294
-
-
total
3 500
4 294
-
-
Income
226 000
226 000
226 000
226 000
Total tax
189 010
207 694
101 603
71 673
After tax
36 990
18 306
124 397
154 327
Living cost
22 070
22 070
22 070
22 070
Free-cash
14 920
-3 764
102 327
132 257

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99968
₽74171
₽100059
₽103077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 061
municipal
-
-
-
40 128
national
-
-
-
44 139
total
-
-
-
87 328
Employee
52 914
-
190 124
-
municipal
8 667
-
30 948
-
unemployment
794
-
2 851
-
pensions
3 571
-
12 833
-
national
874
-
28 200
-
health
395
-
2 508
-
total
14 301
-
77 340
-
Employer
52 914
-
190 124
-
health
407
-
1 464
-
pensions
9 180
-
32 986
-
accident
53
-
191
-
unemployment
344
-
1 235
-
total
9 984
-
35 876
-
Corporate
163 102
226 000
-
-
income
32 620
45 199
-
-
total
32 620
45 199
-
-
Dividends

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

97 861
135 600
-
-
municipal
17 614
24 409
-
-
national
9 791
17 811
-
-
total
27 405
42 220
-
-
Income
226 000
226 000
226 000
226 000
Total tax
84 310
87 419
113 216
87 328
After tax
141 690
138 581
112 784
138 672
Living cost
38 613
38 613
38 613
38 613
Free-cash
103 077
99 968
74 171
100 059

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141423
₽126885
₽128740
₽135952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 939
social contributions
-
-
-
16 273
health
-
-
-
5 762
total
-
-
-
73 974
Employee
77 337
77 337
213 396
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
50 940
-
health
599
1 315
3 628
-
total
11 944
14 893
63 225
-
Employer
77 337
77 337
213 396
-
health
651
1 431
3 947
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
12 604
-
Corporate
187 195
140 813
-
-
income
23 399
17 601
-
-
total
23 399
17 601
-
-
Dividends
163 796
123 212
-
-
withholding
27 844
20 947
-
-
total
27 844
20 947
-
-
Income
226 000
226 000
226 000
226 000
Total tax
66 762
61 291
75 829
73 974
After tax
159 238
164 709
150 171
152 026
Living cost
23 286
23 286
23 286
23 286
Free-cash
135 952
141 423
126 885
128 740

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171182
₽156397
₽176567
₽166068
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
226 000
income
-
-
-
23 398
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
33 465
Employee

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

23 085
-
216 171
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
20 903
-
health
1 962
-
8 112
-
total
7 117
-
43 806
-
Employer

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

23 085
-
216 171
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
200 538
226 000
-
-
income
18 048
20 340
-
-
total
18 048
20 340
-
-
Dividends
182 491
205 660
-
-
withholding
16 423
18 510
-
-
total
16 423
18 510
-
-
Income
226 000
226 000
226 000
226 000
Total tax
43 964
38 850
53 635
33 465
After tax
182 036
187 150
172 365
192 535
Living cost
15 968
15 968
15 968
15 968
Free-cash
166 068
171 182
156 397
176 567

Estimated living cost  is ₽15968 per week

₽10188
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.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122399
₽94408
₽98626
₽117955
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
accident
-
-
-
840
income
-
-
-
71 749
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
99 717
Employee
37 188
-
196 281
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
68 296
-
total
9 530
-
74 217
-
Employer
37 188
-
196 281
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
176 955
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.

26 543
33 900
-
-
total
26 543
33 900
-
-
Dividends
150 413
192 100
-
-
withholding
32 458
42 044
-
-
total
32 458
42 044
-
-
Income
226 000
226 000
226 000
226 000
Total tax
80 388
75 944
103 935
99 717
After tax
145 612
150 056
122 065
126 283
Living cost
27 657
27 657
27 657
27 657
Free-cash
117 955
122 399
94 408
98 626

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139065
₽143651
₽143790
₽138744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 786
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
80 251
Employee
2 983
-
224 393
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
77 711
-
health
149
-
357
-
total
1 024
-
78 782
-
Employer
2 983
-
224 393
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
222 346
226 000
-
-
income
48 916
49 720
-
-
total
48 916
49 720
-
-
Dividends
173 430
176 280
-
-
withholding
34 686
35 256
-
-
total
34 686
35 256
-
-
Income
226 000
226 000
226 000
226 000
Total tax
85 297
84 976
80 390
80 251
After tax
140 703
141 024
145 610
145 749
Living cost
1 959
1 959
1 959
1 959
Free-cash
138 744
139 065
143 651
143 790

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145892
₽128213
₽128212
₽140943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
226 000
income
-
-
-
52 299
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
80 395
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.

26 227
-
212 696
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
52 299
-
health
1 351
-
3 828
-
total
8 835
-
67 090
-
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.

26 227
-
212 696
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
195 078
226 000
-
-
income
29 262
33 900
-
-
total
29 262
33 900
-
-
Dividends
165 816
192 100
-
-
withholding
24 872
28 815
-
-
total
24 872
28 815
-
-
Income
226 000
226 000
226 000
226 000
Total tax
67 664
62 715
80 394
80 395
After tax
158 336
163 285
145 606
145 605
Living cost
17 393
17 393
17 393
17 393
Free-cash
140 943
145 892
128 213
128 212

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101435
₽73147
₽90786
₽101074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
226 000
income
-
-
-
29 565
surtax
-
-
-
-
social contributions

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

-
-
-
78 535
total
-
-
-
108 100
Employee
39 035
-
182 625
-
surtax
-
-
246
-
social contributions
4 294
-
20 088
-
income
7 627
-
62 032
-
total
11 921
-
82 366
-
Employer
39 035
-
182 625
-
social contributions
9 270
-
43 373
-
total
9 270
-
43 373
-
Corporate
177 695
226 000
-
-
income
37 315
47 459
-
-
surtax
-
-
-
-
total
37 315
47 459
-
-
Dividends
140 380
178 541
-
-
withholding
39 306
49 992
-
-
total
39 306
49 992
-
-
Income
226 000
226 000
226 000
226 000
Total tax
97 812
97 451
125 739
108 100
After tax
128 188
128 549
100 261
117 900
Living cost
27 114
27 114
27 114
27 114
Free-cash
101 074
101 435
73 147
90 786

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114710
₽86719
₽90937
₽108127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
accident
-
-
-
840
income
-
-
-
71 749
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
99 717
Employee
48 573
-
196 281
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
68 296
-
total
13 228
-
74 217
-
Employer
48 573
-
196 281
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
161 941
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.

24 291
33 900
-
-
total
24 291
33 900
-
-
Dividends
137 650
192 100
-
-
withholding
29 522
42 044
-
-
total
29 522
42 044
-
-
Income
226 000
226 000
226 000
226 000
Total tax
82 527
75 944
103 935
99 717
After tax
143 473
150 056
122 065
126 283
Living cost
35 346
35 346
35 346
35 346
Free-cash
108 127
114 710
86 719
90 937

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175905
₽174769
₽165382
₽169768
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
33 900
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
43 293
Employee
22 941
-
219 098
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
21 910
-
health
1 055
-
1 618
-
total
5 615
-
27 004
-
Employer
22 941
-
219 098
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
198 558
226 000
-
-
income
19 856
22 600
-
-
total
19 856
22 600
-
-
Dividends
178 703
203 400
-
-
withholding
8 935
10 170
-
-
total
8 935
10 170
-
-
Income
226 000
226 000
226 000
226 000
Total tax
38 907
32 770
33 906
43 293
After tax
187 093
193 230
192 094
182 707
Living cost
17 325
17 325
17 325
17 325
Free-cash
169 768
175 905
174 769
165 382

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77402
₽100885
₽75165
₽90559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
226 000
income

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

-
-
-
75 275
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.

-
-
-
4 140
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.

-
-
-
6 871
trade
-
-
-
25 720
total
-
-
-
112 006
Employee

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

50 042
-
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.

227
-
4 140
-
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.

4 115
-
75 275
-
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.

6 871
-
6 871
-
total
11 213
-
86 286
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
175 958
226 000
-
-
income
26 394
33 900
-
-
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.

1 452
1 865
-
-
chamber of commerce
410
485
-
-
trade
25 251
32 431
-
-
total
53 507
68 681
-
-
Dividends
122 450
157 319
-
-
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.

1 662
2 141
-
-
withholding
30 230
38 947
-
-
total
31 892
41 088
-
-
Income
226 000
226 000
226 000
226 000
Total tax
96 612
109 769
86 286
112 006
After tax
129 388
116 231
139 714
113 994
Living cost
38 829
38 829
38 829
38 829
Free-cash
90 559
77 402
100 885
75 165

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100909
₽56095
₽56095
₽103128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 777
social contributions
-
-
-
38 836
total
-
-
-
112 613
Employee
78 672
-
226 000
-
income
14 845
-
73 777
-
social contributions
6 536
-
38 836
-
total
21 381
-
112 613
-
Employer
78 672
-
226 000
-
total
-
-
-
-
Corporate
147 328
226 000
-
-
income
18 416
28 249
-
-
total
18 416
28 249
-
-
Dividends
128 912
197 751
-
-
withholding
25 783
39 550
-
-
total
25 783
39 550
-
-
Income
226 000
226 000
226 000
226 000
Total tax
65 580
67 799
112 613
112 613
After tax
160 420
158 201
113 387
113 387
Living cost
57 292
57 292
57 292
57 292
Free-cash
103 128
100 909
56 095
56 095

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
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.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105077
₽121202
₽149514
₽108590
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
226 000
income
-
-
-
33 900
health

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

-
-
-
6 077
total
-
-
-
39 977
Employee
46 138
-
221 374
-
income
5 006
-
59 037
-
social contributions
4 623
-
4 626
-
total
9 629
-
63 663
-
Employer
46 138
-
221 374
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
175 240
226 000
-
-
income
61 335
79 100
-
-
total
61 335
79 100
-
-
Dividends
113 905
146 900
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
226 000
226 000
226 000
226 000
Total tax
80 901
84 414
68 289
39 977
After tax
145 099
141 586
157 711
186 023
Living cost
36 509
36 509
36 509
36 509
Free-cash
108 590
105 077
121 202
149 514

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
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.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105423
₽88803
₽108983
₽111341
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
69 892
pensions
-
-
-
9 992
total
-
-
-
79 884
Employee
50 971
-
196 962
-
pensions
3 890
-
11 927
-
income
9 282
-
56 437
-
health
665
-
2 662
-
total
13 837
-
71 026
-
Employer
50 971
-
196 962
-
health
969
-
3 743
-
pensions
5 150
-
25 295
-
total
6 119
-
29 038
-
Corporate
168 911
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.

32 094
42 939
-
-
total
32 094
42 939
-
-
Dividends
136 817
183 061
-
-
withholding
25 476
40 505
-
-
total
25 476
40 505
-
-
Income
226 000
226 000
226 000
226 000
Total tax
77 526
83 444
100 064
79 884
After tax
148 474
142 556
125 936
146 116
Living cost
37 133
37 133
37 133
37 133
Free-cash
111 341
105 423
88 803
108 983

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5949
₽100142
₽130072
₽14586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
accident
-
-
-
257
income
-
-
-
64 582
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
71 673
Employee
38 154
-
206 283
-
pensions
4 296
-
7 768
-
income
5 234
-
50 498
-
health
4 368
-
23 620
-
total
13 898
-
81 886
-
Employer
38 154
-
206 283
-
pensions
6 204
-
11 218
-
accident
637
-
3 445
-
unemployment
935
-
5 054
-
total
7 776
-
19 717
-
Corporate
180 071
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.

162 064
203 400
-
-
total
162 064
203 400
-
-
Dividends
18 007
22 600
-
-
withholding
3 421
4 294
-
-
total
3 421
4 294
-
-
Income
226 000
226 000
226 000
226 000
Total tax
187 159
207 694
101 603
71 673
After tax
38 841
18 306
124 397
154 327
Living cost
24 255
24 255
24 255
24 255
Free-cash
14 586
-5 949
100 142
130 072

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
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.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159301
₽152290
₽130169
₽156257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 000
unemployment
-
-
-
1 931
work injury
-
-
-
804
health insurance
-
-
-
11 905
pensions
-
-
-
29 602
total
-
-
-
82 242
Employee

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

21 742
-
226 000
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
38 000
-
total
8 153
-
60 121
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
204 258
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%.

20 426
22 600
-
-
total
20 426
22 600
-
-
Dividends
183 833
203 400
-
-
withholding
27 575
30 510
-
-
total
27 575
30 510
-
-
Income
226 000
226 000
226 000
226 000
Total tax
56 154
53 110
60 121
82 242
After tax
169 846
172 890
165 879
143 758
Living cost
13 589
13 589
13 589
13 589
Free-cash
156 257
159 301
152 290
130 169

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78976
₽57740
₽66004
₽74400
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 337
regional
-
-
-
5 513
municipal
-
-
-
1 580
national
-
-
-
62 499
total
-
-
-
119 929
Employee
84 751
-
226 000
-
municipal
506
-
1 441
-
national
14 322
-
55 767
-
regional
1 280
-
4 992
-
social contributions
28 577
-
65 993
-
total
44 685
-
128 193
-
Employer
84 751
-
226 000
-
total
-
-
-
-
Corporate
141 249
226 000
-
-
municipal
6 808
10 892
-
-
nationa
33 900
54 240
-
-
total
40 708
65 132
-
-
Dividends
100 541
160 867
-
-
withholding
26 140
41 825
-
-
total
26 140
41 825
-
-
Income
226 000
226 000
226 000
226 000
Total tax
111 533
106 957
128 193
119 929
After tax
114 467
119 043
97 807
106 071
Living cost
40 067
40 067
40 067
40 067
Free-cash
74 400
78 976
57 740
66 004

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close