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
₽95629
₽110175
₽81534
₽85124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 201
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.

-
-
-
6 488
income

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

-
-
-
76 370
trade
-
-
-
28 641
total
-
-
-
115 700
Employee

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

36 324
-
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.

1 015
-
76 370
-
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.

56
-
4 201
-
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.

6 488
-
6 488
-
total
7 559
-
87 059
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 676
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.

1 564
1 865
-
-
chamber of commerce
416
469
-
-
income
28 452
33 900
-
-
trade
29 874
35 594
-
-
total
60 306
71 828
-
-
Dividends
129 369
154 172
-
-
surtax

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

1 759
2 100
-
-
withholding
31 981
38 182
-
-
total
33 740
40 282
-
-
Income
226 000
226 000
226 000
226 000
Total tax
101 605
112 110
87 059
115 700
After tax
124 395
113 890
138 941
110 300
Living cost
28 766
28 766
28 766
28 766
Free-cash
95 629
85 124
110 175
81 534

Estimated living cost  is ₽28766 per week

₽18095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87575
₽77913
₽76699
₽88450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
42 112
pensions
-
-
-
27 120
municipal
-
-
-
25 065
social contributions
-
-
-
2 430
total
-
-
-
96 727
Employee
81 500
-
195 375
-
pensions
3 260
-
7 815
-
national
15 599
-
44 028
-
municipal
10 067
-
25 940
-
total
28 926
-
77 783
-
Employer
81 500
-
195 375
-
social contributions
876
-
2 100
-
pensions
6 520
-
15 630
-
total
7 396
-
17 730
-
Corporate
131 725
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%.

26 345
45 200
-
-
total
26 345
45 200
-
-
Dividends
105 380
180 800
-
-
withholding
23 184
39 776
-
-
total
23 184
39 776
-
-
Income
226 000
226 000
226 000
226 000
Total tax
85 851
84 976
95 513
96 727
After tax
140 149
141 024
130 487
129 273
Living cost
52 574
52 574
52 574
52 574
Free-cash
87 575
88 450
77 913
76 699

Estimated living cost  is ₽52574 per week

₽35734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽787
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11166
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153252
₽79150
₽63274
₽161042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
57 630
income
-
-
-
48 951
microenterprise
-
-
-
-
social contributions

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

-
-
-
36 387
total
-
-
-
142 968
Employee
27 751
-
179 039
-
income
4 940
-
41 720
-
surtax
-
-
25 961
-
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.

3 053
-
12 450
-
total
7 993
-
80 131
-
Employer
27 751
-
179 039
-
social contributions

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

6 685
-
27 266
-
surtax
-
-
19 695
-
total
6 685
-
46 961
-
Corporate
191 565
226 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

38 312
45 200
-
-
total
38 312
45 200
-
-
Dividends

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

153 253
180 800
-
-
total
-
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
52 990
45 200
127 092
142 968
After tax
173 010
180 800
98 908
83 032
Living cost
19 758
19 758
19 758
19 758
Free-cash
153 252
161 042
79 150
63 274

Estimated living cost  is ₽19758 per week

₽12605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67164
₽104732
₽80901
₽72983
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
pensions
-
-
-
11 127
health
-
-
-
11 711
income
-
-
-
82 477
total
-
-
-
105 315
Employee
81 101
81 101
208 351
-
income

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

13 275
13 275
40 997
-
pensions
14 598
11 127
11 127
-
health
12 448
10 588
11 711
-
total
40 321
34 990
63 835
-
Employer
81 101
81 101
208 351
-
unemployment
2 920
2 920
3 628
-
health
5 637
5 637
7 005
-
pensions
5 645
5 645
7 016
-
total
14 202
14 202
17 649
-
Corporate
131 692
130 697
-
-
income
26 338
26 140
-
-
total
26 338
26 140
-
-
Dividends
105 354
104 558
-
-
income
22 387
22 218
-
-
withholding
15 804
15 683
-
-
total
38 191
37 901
-
-
Income
226 000
226 000
226 000
226 000
Total tax
119 052
113 233
81 484
105 315
After tax
106 948
112 767
144 516
120 685
Living cost
39 784
39 784
39 784
39 784
Free-cash
67 164
72 983
104 732
80 901

Estimated living cost  is ₽39784 per week

₽28194
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7371
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84722
₽73667
₽74583
₽85572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
83
accident
-
-
-
166
national
-
-
-
29 345
pensions
-
-
-
8 961
health
-
-
-
5 173
municipal
-
-
-
60 232
other
-
-
-
9 633
total
-
-
-
113 593
Employee
53 896
-
199 954
-
national
-
-
28 837
-
municipal
16 072
-
59 626
-
total
16 072
-
88 463
-
Employer
53 896
-
199 954
-
accident
108
-
166
-
unemployment
1 423
-
2 188
-
health
3 315
-
5 098
-
pensions
5 826
-
8 961
-
other
6 263
-
9 633
-
total
16 935
-
26 046
-
Corporate
155 170
226 000
-
-
income
34 137
49 720
-
-
total
34 137
49 720
-
-
Dividends
121 033
176 280
-
-
withholding
36 310
52 884
-
-
total
36 310
52 884
-
-
Income
226 000
226 000
226 000
226 000
Total tax
103 454
102 604
114 509
113 593
After tax
122 546
123 396
111 491
112 407
Living cost
37 824
37 824
37 824
37 824
Free-cash
84 722
85 572
73 667
74 583

Estimated living cost  is ₽37824 per week

₽25068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3712
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.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88765
₽101633
₽71719
₽75419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 201
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.

-
-
-
6 488
income

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

-
-
-
76 370
trade
-
-
-
29 914
total
-
-
-
116 973
Employee

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

48 161
-
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.

4 138
-
76 370
-
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
-
4 201
-
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.

6 488
-
6 488
-
total
10 853
-
87 059
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
177 839
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.

1 467
1 865
-
-
chamber of commerce
396
465
-
-
income
26 675
33 900
-
-
trade
29 254
37 177
-
-
total
57 792
73 407
-
-
Dividends
120 046
152 593
-
-
surtax

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

1 631
2 078
-
-
withholding
29 651
37 788
-
-
total
31 282
39 866
-
-
Income
226 000
226 000
226 000
226 000
Total tax
99 927
113 273
87 059
116 973
After tax
126 073
112 727
138 941
109 027
Living cost
37 308
37 308
37 308
37 308
Free-cash
88 765
75 419
101 633
71 719

Estimated living cost  is ₽37308 per week

₽24952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129934
₽118900
₽120727
₽133873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
health
-
-
-
5 764
income
-
-
-
53 339
social contributions
-
-
-
15 366
total
-
-
-
74 469
Employee
73 028
73 028
213 869
-
income
7 669
6 760
52 355
-
social contributions
3 549
6 061
8 175
-
health
726
1 242
3 635
-
total
11 944
14 063
64 165
-
Employer
73 028
73 028
213 869
-
social contributions
3 549
6 061
8 175
-
health
791
1 352
3 956
-
total
4 340
7 413
12 131
-
Corporate
178 913
145 560
-
-
income
22 364
18 195
-
-
total
22 364
18 195
-
-
Dividends
156 549
127 364
-
-
withholding
26 614
21 652
-
-
total
26 614
21 652
-
-
Income
226 000
226 000
226 000
226 000
Total tax
65 262
61 323
76 296
74 469
After tax
160 738
164 677
149 704
151 531
Living cost
30 804
30 804
30 804
30 804
Free-cash
129 934
133 873
118 900
120 727

Estimated living cost  is ₽30804 per week

₽21057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6823
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108819
₽112593
₽138141
₽108433
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

26 592
10 583
189 121
-
income
3 251
1 294
23 120
-
pensions
2 659
1 058
18 912
-
unemployment
399
159
2 837
-
health
1 861
741
13 238
-
total
8 170
3 252
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.

26 592
10 583
189 121
-
pensions
5 185
2 064
36 879
-
total
5 185
2 064
36 879
-
Corporate
194 223
213 353
-
-
income
17 480
19 202
-
-
total
17 480
19 202
-
-
Dividends
176 743
194 151
-
-
social contributions
34 344
37 739
-
-
withholding
33 581
36 889
-
-
total
67 925
74 628
-
-
Income
226 000
226 000
226 000
226 000
Total tax
98 760
99 146
94 986
69 438
After tax
127 240
126 854
131 014
156 562
Living cost
18 421
18 421
18 421
18 421
Free-cash
108 819
108 433
112 593
138 141

Estimated living cost  is ₽18421 per week

₽12571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151962
₽107324
₽98198
₽157861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
pensions
-
-
-
45 200
health
-
-
-
29 380
income
-
-
-
30 283
total
-
-
-
104 863
Employee
26 942
-
168 909
-
income
3 033
-
32 565
-
pensions
539
-
3 377
-
unemployment
431
-
2 703
-
total
4 003
-
38 645
-
Employer
26 942
-
168 909
-
unemployment
216
-
1 352
-
health
3 502
-
21 959
-
pensions
5 389
-
33 781
-
total
9 107
-
57 092
-
Corporate
189 952
226 000
-
-
income
37 989
45 200
-
-
total
37 989
45 200
-
-
Dividends
151 962
180 800
-
-
total
-
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
51 099
45 200
95 737
104 863
After tax
174 901
180 800
130 263
121 137
Living cost
22 939
22 939
22 939
22 939
Free-cash
151 962
157 861
107 324
98 198

Estimated living cost  is ₽22939 per week

₽15734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1366
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15155
₽104366
₽133721
-₽2246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
236
pensions
-
-
-
3 887
health
-
-
-
2 037
income
-
-
-
65 221
other
-
-
-
346
total
-
-
-
71 727
Employee
32 330
-
207 172
-
income
4 435
-
51 406
-
pensions
3 640
-
7 127
-
health
3 702
-
23 721
-
total
11 777
-
82 254
-
Employer
32 330
-
207 172
-
accident
540
-
3 460
-
unemployment
792
-
5 076
-
pensions
5 257
-
10 292
-
total
6 589
-
18 828
-
Corporate
187 081
226 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

168 373
203 400
-
-
total
168 373
203 400
-
-
Dividends
18 708
22 600
-
-
withholding
3 554
4 294
-
-
total
3 554
4 294
-
-
Income
226 000
226 000
226 000
226 000
Total tax
190 293
207 694
101 082
71 727
After tax
35 707
18 306
124 918
154 273
Living cost
20 552
20 552
20 552
20 552
Free-cash
15 155
-2 246
104 366
133 721

Estimated living cost  is ₽20552 per week

₽15063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽204720
₽172395
₽215335
₽206295
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 506
-
226 000
-
income
2 101
-
45 200
-
total
2 101
-
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%.

215 494
226 000
-
-
total
-
-
-
-
Dividends
215 494
226 000
-
-
withholding
10 774
11 300
-
-
total
10 774
11 300
-
-
Income
226 000
226 000
226 000
226 000
Total tax
12 875
11 300
45 200
2 260
After tax
213 125
214 700
180 800
223 740
Living cost
8 405
8 405
8 405
8 405
Free-cash
204 720
206 295
172 395
215 335

Estimated living cost  is ₽8405 per week

₽5209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽231
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134322
₽110467
₽112306
₽140735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
pensions

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

-
-
-
34 661
health
-
-
-
6 355
income
-
-
-
40 513
other
-
-
-
6 859
total
-
-
-
88 388
Employee
34 483
-
189 249
-
income
5 937
-
39 900
-
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.

2 413
-
10 109
-
unemployment
344
-
1 444
-
health
483
-
2 022
-
total
9 177
-
53 475
-
Employer
34 483
-
189 249
-
accident
276
-
1 514
-
unemployment
344
-
1 444
-
health
483
-
2 022
-
pensions

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

5 863
-
24 552
-
other
1 725
-
7 220
-
total
8 691
-
36 752
-
Corporate
182 827
226 000
-
-
income
38 393
47 460
-
-
total
38 393
47 460
-
-
Dividends
144 434
178 540
-
-
withholding
10 111
12 499
-
-
total
10 111
12 499
-
-
Income
226 000
226 000
226 000
226 000
Total tax
66 372
59 959
90 227
88 388
After tax
159 628
166 041
135 773
137 612
Living cost
25 306
25 306
25 306
25 306
Free-cash
134 322
140 735
110 467
112 306

Estimated living cost  is ₽25306 per week

₽17880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85316
₽61232
₽81371
₽77581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
pensions
-
-
-
9 778
income
-
-
-
70 627
total
-
-
-
80 405
Employee
90 867
-
196 897
-
income
16 380
-
57 199
-
pensions
8 766
-
11 609
-
health
1 497
-
2 633
-
total
26 643
-
71 441
-
Employer
90 867
-
196 897
-
health
1 726
-
3 741
-
pensions
10 729
-
25 362
-
total
12 455
-
29 103
-
Corporate
122 678
226 000
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

23 308
42 941
-
-
total
23 308
42 941
-
-
Dividends
99 370
183 059
-
-
withholding
14 054
41 254
-
-
total
14 054
41 254
-
-
Income
226 000
226 000
226 000
226 000
Total tax
76 460
84 195
100 544
80 405
After tax
149 540
141 805
125 456
145 595
Living cost
64 224
64 224
64 224
64 224
Free-cash
85 316
77 581
61 232
81 371

Estimated living cost  is ₽64224 per week

₽48124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽175802
₽179515
₽170079
₽180362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
137
pensions

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

-
-
-
5 074
health
-
-
-
3 942
income
-
-
-
33 900
total
-
-
-
43 053
Employee
17 039
-
219 274
-
income
1 704
-
21 927
-
pensions

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

1 496
-
3 010
-
accident

We are using the highest rate at 1.1%.

188
-
377
-
health
784
-
1 577
-
total
4 172
-
26 891
-
Employer
17 039
-
219 274
-
accident

We are using the highest rate at 1.1%.

188
-
377
-
unemployment
102
-
206
-
health
1 176
-
2 365
-
pensions

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

1 878
-
3 778
-
total
3 344
-
6 726
-
Corporate
205 618
226 000
-
-
income
20 561
22 600
-
-
total
20 561
22 600
-
-
Dividends
185 056
203 400
-
-
withholding
9 253
10 170
-
-
total
9 253
10 170
-
-
Income
226 000
226 000
226 000
226 000
Total tax
37 330
32 770
33 617
43 053
After tax
188 670
193 230
192 383
182 947
Living cost
12 868
12 868
12 868
12 868
Free-cash
175 802
180 362
179 515
170 079

Estimated living cost  is ₽12868 per week

₽7512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽341
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62491
₽91853
₽68022
₽60104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
pensions
-
-
-
11 127
health
-
-
-
11 711
income
-
-
-
82 477
total
-
-
-
105 315
Employee
88 050
81 101
208 351
-
income

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

13 275
13 275
40 997
-
pensions
11 127
11 127
11 127
-
health
10 985
10 588
11 711
-
total
35 387
34 990
63 835
-
Employer
88 050
81 101
208 351
-
unemployment
3 170
2 920
3 628
-
health
6 119
5 637
7 005
-
pensions
6 128
5 645
7 016
-
total
15 417
14 202
17 649
-
Corporate
122 534
130 697
-
-
income
24 507
26 140
-
-
total
24 507
26 140
-
-
Dividends
98 027
104 558
-
-
income
20 830
22 218
-
-
withholding
14 705
15 683
-
-
total
35 535
37 901
-
-
Income
226 000
226 000
226 000
226 000
Total tax
110 846
113 233
81 484
105 315
After tax
115 154
112 767
144 516
120 685
Living cost
52 663
52 663
52 663
52 663
Free-cash
62 491
60 104
91 853
68 022

Estimated living cost  is ₽52663 per week

₽38847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123768
₽100770
₽110781
₽132139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
health
-
-
-
30 510
solidarity contribution
-
-
-
3 228
income
-
-
-
24 259
social contributions
-
-
-
33 760
total
-
-
-
91 757
Employee
34 503
-
180 822
-
solidarity contribution
-
-
2 329
-
income
4 140
-
22 334
-
social contributions
2 243
-
7 515
-
health
4 658
-
24 411
-
total
11 041
-
56 589
-
Employer
34 503
-
180 822
-
social contributions
8 626
-
28 905
-
health
3 105
-
16 274
-
total
11 731
-
45 179
-
Corporate
179 767
226 000
-
-
income
34 156
42 940
-
-
total
34 156
42 940
-
-
Dividends
145 611
183 060
-
-
withholding
21 842
27 459
-
-
total
21 842
27 459
-
-
Income
226 000
226 000
226 000
226 000
Total tax
78 770
70 399
101 768
91 757
After tax
147 230
155 601
124 232
134 243
Living cost
23 462
23 462
23 462
23 462
Free-cash
123 768
132 139
100 770
110 781

Estimated living cost  is ₽23462 per week

₽16297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75549
₽61566
₽69618
₽80506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
64 432
regional
-
-
-
2 917
municipal
-
-
-
1 427
social contributions
-
-
-
47 532
total
-
-
-
116 308
Employee
84 404
-
226 000
-
regional
796
-
2 659
-
national
14 625
-
58 075
-
social contributions
28 461
-
62 316
-
municipal
447
-
1 310
-
total
44 329
-
124 360
-
Employer
84 404
-
226 000
-
total
-
-
-
-
Corporate
141 596
226 000
-
-
nationa
33 983
54 240
-
-
municipal
5 522
8 815
-
-
total
39 505
63 055
-
-
Dividends
102 091
162 945
-
-
withholding
26 543
42 365
-
-
total
26 543
42 365
-
-
Income
226 000
226 000
226 000
226 000
Total tax
110 377
105 420
124 360
116 308
After tax
115 623
120 580
101 640
109 692
Living cost
40 074
40 074
40 074
40 074
Free-cash
75 549
80 506
61 566
69 618

Estimated living cost  is ₽40074 per week

₽27935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2628
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.
₽8896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118242
₽79410
₽85214
₽121198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
216
surtax
-
-
-
12 455
pensions
-
-
-
25 350
health
-
-
-
8 999
income
-
-
-
72 809
other
-
-
-
-
total
-
-
-
119 829
Employee
31 406
-
199 320
-
other
-
-
-
-
income
5 264
-
67 128
-
pensions
2 094
-
8 454
-
surtax
103
-
11 318
-
unemployment
2 186
-
8 822
-
health
802
-
3 231
-
total
10 449
-
98 953
-
Employer
31 406
-
199 320
-
unemployment
995
-
4 017
-
health
1 429
-
5 767
-
pensions
4 187
-
16 896
-
other
-
-
-
-
total
6 611
-
26 680
-
Corporate
187 983
226 000
-
-
income
48 875
58 760
-
-
total
48 875
58 760
-
-
Dividends
139 108
167 240
-
-
withholding
20 866
25 085
-
-
total
20 866
25 085
-
-
Income
226 000
226 000
226 000
226 000
Total tax
86 801
83 845
125 633
119 829
After tax
139 199
142 155
100 367
106 171
Living cost
20 957
20 957
20 957
20 957
Free-cash
118 242
121 198
79 410
85 214

Estimated living cost  is ₽20957 per week

₽12814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104274
₽81580
₽101719
₽97929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
pensions
-
-
-
9 778
income
-
-
-
70 627
total
-
-
-
80 405
Employee
60 897
-
196 897
-
income
10 968
-
57 199
-
pensions
5 169
-
11 609
-
health
884
-
2 633
-
total
17 021
-
71 441
-
Employer
60 897
-
196 897
-
health
1 157
-
3 741
-
pensions
6 592
-
25 362
-
total
7 749
-
29 103
-
Corporate
157 354
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.

29 898
42 941
-
-
total
29 898
42 941
-
-
Dividends
127 456
183 059
-
-
withholding
23 182
41 254
-
-
total
23 182
41 254
-
-
Income
226 000
226 000
226 000
226 000
Total tax
77 850
84 195
100 544
80 405
After tax
148 150
141 805
125 456
145 595
Living cost
43 876
43 876
43 876
43 876
Free-cash
104 274
97 929
81 580
101 719

Estimated living cost  is ₽43876 per week

₽32872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3289
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽60368
₽95840
₽103850
₽28229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
6 030
pensions
-
-
-
20 792
health
-
-
-
509
regional
-
-
-
12 799
city
-
-
-
2 383
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
total
-
-
-
47 033
Employee
87 906
-
203 545
-
pensions
7 385
-
15 687
-
regional
2 878
-
11 448
-
national
416
-
5 033
-
unemployment
-
-
-
-
health
199
-
457
-
city
943
-
2 203
-
total
11 821
-
34 828
-
Employer
87 906
-
203 545
-
unemployment
-
-
-
-
health
199
-
457
-
pensions
7 385
-
15 687
-
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.

1 758
-
4 071
-
total
9 342
-
20 215
-
Corporate
127 785
226 000
-
-
national
10 862
19 210
-
-
regional
27 027
47 798
-
-
total
37 889
67 008
-
-
Dividends
89 896
158 992
-
-
withholding
31 463
55 646
-
-
total
31 463
55 646
-
-
Income
226 000
226 000
226 000
226 000
Total tax
90 515
122 654
55 043
47 033
After tax
135 485
103 346
170 957
178 967
Living cost
75 117
75 117
75 117
75 117
Free-cash
60 368
28 229
95 840
103 850

Estimated living cost  is ₽75117 per week

₽48848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽922
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽83459
₽95435
₽64249
₽68058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 201
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.

-
-
-
6 488
income

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

-
-
-
76 370
trade
-
-
-
31 186
total
-
-
-
118 245
Employee

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

57 076
-
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.

6 712
-
76 370
-
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.

369
-
4 201
-
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.

6 488
-
6 488
-
total
13 569
-
87 059
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
168 924
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.

1 393
1 865
-
-
chamber of commerce
382
463
-
-
income
25 340
33 900
-
-
trade
28 971
38 759
-
-
total
56 086
74 987
-
-
Dividends
112 839
151 012
-
-
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.

1 532
2 056
-
-
withholding
27 848
37 393
-
-
total
29 380
39 449
-
-
Income
226 000
226 000
226 000
226 000
Total tax
99 035
114 436
87 059
118 245
After tax
126 965
111 564
138 941
107 755
Living cost
43 506
43 506
43 506
43 506
Free-cash
83 459
68 058
95 435
64 249

Estimated living cost  is ₽43506 per week

₽31775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87021
₽82705
₽90108
₽81411
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
pensions
-
-
-
34 703
health
-
-
-
11 388
income
-
-
-
43 864
social contributions
-
-
-
6 439
other
-
-
-
7 005
total
-
-
-
103 399
Employee
40 646
-
171 844
-
income
2 399
-
38 533
-
pensions
4 596
-
13 219
-
surtax
-
-
-
-
social contributions
1 159
-
4 895
-
total
8 154
-
56 647
-
Employer
40 646
-
171 844
-
unemployment
1 645
-
6 960
-
social contributions
123
-
515
-
health
2 846
-
17 405
-
pensions
6 677
-
22 029
-
other
1 402
-
7 246
-
total
12 693
-
54 155
-
Corporate
172 661
226 000
-
-
surtax
-
-
-
-
income
48 345
63 280
-
-
total
48 345
63 280
-
-
Dividends
124 316
162 720
-
-
surtax
-
-
-
-
social contributions
21 382
27 987
-
-
withholding
15 912
20 829
-
-
total
37 294
48 816
-
-
Income
226 000
226 000
226 000
226 000
Total tax
106 486
112 096
110 802
103 399
After tax
119 514
113 904
115 198
122 601
Living cost
32 493
32 493
32 493
32 493
Free-cash
87 021
81 411
82 705
90 108

Estimated living cost  is ₽32493 per week

₽20488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89908
₽85925
₽93328
₽84631
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
pensions
-
-
-
34 703
health
-
-
-
11 388
income
-
-
-
43 864
social contributions
-
-
-
6 439
other
-
-
-
7 005
total
-
-
-
103 399
Employee
36 282
-
171 844
-
income
1 871
-
38 533
-
pensions
4 104
-
13 219
-
surtax
-
-
-
-
social contributions
1 034
-
4 895
-
total
7 009
-
56 647
-
Employer
36 282
-
171 844
-
unemployment
1 469
-
6 960
-
social contributions
108
-
515
-
health
2 539
-
17 405
-
pensions
5 962
-
22 029
-
other
1 253
-
7 246
-
total
11 331
-
54 155
-
Corporate
178 387
226 000
-
-
surtax
-
-
-
-
income
49 949
63 280
-
-
total
49 949
63 280
-
-
Dividends
128 438
162 720
-
-
surtax
-
-
-
-
social contributions
22 090
27 987
-
-
withholding
16 440
20 829
-
-
total
38 530
48 816
-
-
Income
226 000
226 000
226 000
226 000
Total tax
106 819
112 096
110 802
103 399
After tax
119 181
113 904
115 198
122 601
Living cost
29 273
29 273
29 273
29 273
Free-cash
89 908
84 631
85 925
93 328

Estimated living cost  is ₽29273 per week

₽16977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118237
₽118613
₽124999
₽117743
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
health
-
-
-
15 775
income
-
-
-
33 900
social contributions
-
-
-
31 188
total
-
-
-
80 863
Employee
32 201
-
226 000
-
income
5 371
-
40 286
-
social contributions
4 444
-
31 188
-
health
2 247
-
15 775
-
total
12 062
-
87 249
-
Employer
32 201
-
226 000
-
total
-
-
-
-
Corporate
193 799
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%.

9 691
11 300
-
-
total
9 691
11 300
-
-
Dividends
184 109
214 700
-
-
social contributions
25 406
29 629
-
-
withholding
27 616
32 204
-
-
health
12 850
14 986
-
-
total
65 872
76 819
-
-
Income
226 000
226 000
226 000
226 000
Total tax
87 625
88 119
87 249
80 863
After tax
138 375
137 881
138 751
145 137
Living cost
20 138
20 138
20 138
20 138
Free-cash
118 237
117 743
118 613
124 999

Estimated living cost  is ₽20138 per week

₽13477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89553
₽25538
₽82110
₽91022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
5 825
surtax
-
-
-
187
pensions
-
-
-
20 526
health
-
-
-
8 487
income
-
-
-
74 496
chamber of commerce
-
-
-
905
total
-
-
-
110 426
Employee
47 462
37 847
188 241
-
other
474
378
1 110
-
income
5 403
2 792
62 988
-
pensions
4 861
3 875
11 361
-
unemployment
1 424
1 135
3 329
-
health
1 836
1 465
4 293
-
total
13 998
9 645
83 081
-
Employer
47 462
37 847
188 241
-
chamber of commerce
189
151
753
-
surtax
187
187
187
-
accident
616
492
1 442
-
payroll
1 424
1 135
5 646
-
unemployment
1 424
1 135
3 329
-
health
1 793
1 431
4 194
-
pensions
5 956
4 751
13 924
-
other
2 255
1 797
8 283
-
total
13 844
11 079
37 758
-
Corporate
164 693
177 073
184 637
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

41 174
44 269
46 159
-
total
41 174
44 269
46 159
-
Dividends
123 519
132 804
-
-
withholding
33 967
36 521
-
-
total
33 967
36 521
-
-
Income
226 000
226 000
226 000
226 000
Total tax
102 983
101 514
166 998
110 426
After tax
123 017
124 486
59 002
115 574
Living cost
33 464
33 464
33 464
33 464
Free-cash
89 553
91 022
25 538
82 110

Estimated living cost  is ₽33464 per week

₽22319
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77402
₽41664
₽63730
₽88704
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
91 824
communal

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

-
-
-
12 140
social contributions
-
-
-
23 678
total
-
-
-
127 642
Employee

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

67 933
-
175 047
-
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.

5 095
-
13 129
-
communal

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

3 543
-
9 130
-
national
20 885
-
66 746
-
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.

591
-
1 523
-
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.

3 192
-
8 227
-
total
33 306
-
98 755
-
Employer

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

67 933
-
175 047
-
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.

883
-
2 274
-
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.

991
-
2 556
-
health

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

4 178
-
10 765
-
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.

6 019
-
15 508
-
surtax
7 703
-
19 850
-
total
19 774
-
50 953
-
Corporate
138 293
226 000
-
-
surtax
553
986
-
-
income
27 659
49 320
-
-
total
28 212
50 306
-
-
Dividends
110 081
175 694
-
-
withholding

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

32 678
52 362
-
-
total
32 678
52 362
-
-
Income
226 000
226 000
226 000
226 000
Total tax
113 970
102 668
149 708
127 642
After tax
112 030
123 332
76 292
98 358
Living cost
34 628
34 628
34 628
34 628
Free-cash
77 402
88 704
41 664
63 730

Estimated living cost  is ₽34628 per week

₽22305
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109130
₽87890
₽91875
₽115637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
616
accident
-
-
-
793
pensions
-
-
-
24 911
income
-
-
-
73 419
other
-
-
-
88
total
-
-
-
99 827
Employee
47 274
-
197 937
-
other
47
-
88
-
income
9 975
-
70 159
-
pensions
2 222
-
4 138
-
unemployment
734
-
1 364
-
total
12 978
-
75 749
-
Employer
47 274
-
197 937
-
accident
935
-
1 743
-
unemployment
2 601
-
4 841
-
pensions
11 156
-
20 774
-
other
377
-
705
-
total
15 069
-
28 063
-
Corporate
163 657
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.

24 548
33 900
-
-
total
24 548
33 900
-
-
Dividends
139 109
192 100
-
-
withholding
29 977
42 165
-
-
total
29 977
42 165
-
-
Income
226 000
226 000
226 000
226 000
Total tax
82 572
76 065
103 812
99 827
After tax
143 428
149 935
122 188
126 173
Living cost
34 298
34 298
34 298
34 298
Free-cash
109 130
115 637
87 890
91 875

Estimated living cost  is ₽34298 per week

₽25257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62230
₽62563
₽53554
₽75294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
accident
-
-
-
1 905
surtax
-
-
-
11 205
pensions
-
-
-
33 871
communal
-
-
-
14 283
health
-
-
-
15 876
income
-
-
-
43 695
total
-
-
-
120 835
Employee
71 920
-
201 877
-
income
6 947
-
50 199
-
pensions
5 753
-
16 150
-
surtax
4 408
-
12 372
-
health
3 201
-
8 982
-
total
20 309
-
87 703
-
Employer
71 920
-
201 877
-
accident
647
-
1 817
-
health
2 193
-
6 156
-
pensions
5 753
-
16 150
-
total
8 593
-
24 123
-
Corporate
145 487
226 000
-
-
surtax
1 528
2 374
-
-
communal
9 820
15 254
-
-
income
21 823
33 900
-
-
total
33 171
51 528
-
-
Dividends
112 314
174 472
-
-
income
33 239
21 397
-
-
withholding
16 847
26 170
-
-
total
50 086
47 567
-
-
Income
226 000
226 000
226 000
226 000
Total tax
112 159
99 095
111 826
120 835
After tax
113 841
126 905
114 174
105 165
Living cost
51 611
51 611
51 611
51 611
Free-cash
62 230
75 294
62 563
53 554

Estimated living cost  is ₽51611 per week

₽38716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117802
₽79036
₽84840
₽120824
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
216
surtax
-
-
-
12 455
pensions
-
-
-
25 350
health
-
-
-
8 999
income
-
-
-
72 809
other
-
-
-
-
total
-
-
-
119 829
Employee
31 983
-
199 320
-
other
-
-
-
-
income
5 362
-
67 128
-
pensions
2 134
-
8 454
-
surtax
114
-
11 318
-
unemployment
2 226
-
8 822
-
health
816
-
3 231
-
total
10 652
-
98 953
-
Employer
31 983
-
199 320
-
unemployment
1 015
-
4 017
-
health
1 454
-
5 767
-
pensions
4 264
-
16 896
-
other
-
-
-
-
total
6 733
-
26 680
-
Corporate
187 284
226 000
-
-
income
48 693
58 760
-
-
total
48 693
58 760
-
-
Dividends
138 591
167 240
-
-
withholding
20 789
25 085
-
-
total
20 789
25 085
-
-
Income
226 000
226 000
226 000
226 000
Total tax
86 867
83 845
125 633
119 829
After tax
139 133
142 155
100 367
106 171
Living cost
21 331
21 331
21 331
21 331
Free-cash
117 802
120 824
79 036
84 840

Estimated living cost  is ₽21331 per week

₽12879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91099
₽75394
₽83403
₽93207
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
64 432
regional
-
-
-
3 623
municipal
-
-
-
1 427
social contributions
-
-
-
47 532
total
-
-
-
117 014
Employee
52 682
-
226 000
-
regional
709
-
3 322
-
national
8 346
-
58 075
-
social contributions
17 765
-
62 316
-
municipal
279
-
1 310
-
total
27 099
-
125 023
-
Employer
52 682
-
226 000
-
total
-
-
-
-
Corporate
173 318
226 000
-
-
nationa
41 596
54 240
-
-
municipal
8 615
11 232
-
-
total
50 211
65 472
-
-
Dividends
123 108
160 528
-
-
withholding
32 008
41 738
-
-
total
32 008
41 738
-
-
Income
226 000
226 000
226 000
226 000
Total tax
109 318
107 210
125 023
117 014
After tax
116 682
118 790
100 977
108 986
Living cost
25 583
25 583
25 583
25 583
Free-cash
91 099
93 207
75 394
83 403

Estimated living cost  is ₽25583 per week

₽15910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116376
₽95321
₽105332
₽126690
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
health
-
-
-
30 510
solidarity contribution
-
-
-
3 228
income
-
-
-
24 259
social contributions
-
-
-
33 760
total
-
-
-
91 757
Employee
42 516
-
180 822
-
solidarity contribution
-
-
2 329
-
income
5 102
-
22 334
-
social contributions
2 764
-
7 515
-
health
5 740
-
24 411
-
total
13 606
-
56 589
-
Employer
42 516
-
180 822
-
social contributions
10 629
-
28 905
-
health
3 826
-
16 274
-
total
14 455
-
45 179
-
Corporate
169 028
226 000
-
-
income
32 115
42 940
-
-
total
32 115
42 940
-
-
Dividends
136 913
183 060
-
-
withholding
20 537
27 459
-
-
total
20 537
27 459
-
-
Income
226 000
226 000
226 000
226 000
Total tax
80 713
70 399
101 768
91 757
After tax
145 287
155 601
124 232
134 243
Living cost
28 911
28 911
28 911
28 911
Free-cash
116 376
126 690
95 321
105 332

Estimated living cost  is ₽28911 per week

₽21500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93819
₽28747
₽85462
₽94289
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
5 825
surtax
-
-
-
-
pensions
-
-
-
20 526
health
-
-
-
8 487
income
-
-
-
74 496
chamber of commerce
-
-
-
905
total
-
-
-
110 239
Employee
41 514
37 847
188 416
-
other
415
378
1 110
-
income
3 698
2 792
63 075
-
pensions
4 251
3 875
11 361
-
unemployment
1 245
1 135
3 329
-
health
1 606
1 465
4 293
-
total
11 215
9 645
83 168
-
Employer
41 514
37 847
188 416
-
chamber of commerce
166
151
753
-
surtax
-
-
-
-
accident
539
492
1 442
-
payroll
1 245
1 135
5 652
-
unemployment
1 245
1 135
3 329
-
health
1 570
1 431
4 194
-
pensions
5 210
4 751
13 924
-
other
1 972
1 797
8 290
-
total
11 947
10 892
37 584
-
Corporate
172 539
177 260
184 812
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

43 135
44 315
46 202
-
total
43 135
44 315
46 202
-
Dividends
129 404
132 945
-
-
withholding
35 585
36 560
-
-
total
35 585
36 560
-
-
Income
226 000
226 000
226 000
226 000
Total tax
101 882
101 412
166 954
110 239
After tax
124 118
124 588
59 046
115 761
Living cost
30 299
30 299
30 299
30 299
Free-cash
93 819
94 289
28 747
85 462

Estimated living cost  is ₽30299 per week

₽18176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3094
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and 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

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
₽199145
₽167702
₽210642
₽201602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 373
-
226 000
-
income
3 275
-
45 200
-
total
3 275
-
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%.

209 627
226 000
-
-
total
-
-
-
-
Dividends
209 627
226 000
-
-
withholding
10 482
11 300
-
-
total
10 482
11 300
-
-
Income
226 000
226 000
226 000
226 000
Total tax
13 757
11 300
45 200
2 260
After tax
212 243
214 700
180 800
223 740
Living cost
13 098
13 098
13 098
13 098
Free-cash
199 145
201 602
167 702
210 642

Estimated living cost  is ₽13098 per week

₽8864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽550
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122186
₽73239
₽78148
₽130128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
339
pensions
-
-
-
41 273
health
-
-
-
22 238
income
-
-
-
58 529
total
-
-
-
122 379
Employee

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

41 996
-
195 551
-
income
7 242
-
53 621
-
pensions
6 510
-
30 310
-
unemployment
59
-
274
-
health
2 712
-
12 634
-
total
16 523
-
96 839
-
Employer

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

41 996
-
195 551
-
unemployment
25
-
117
-
health
2 797
-
13 025
-
pensions
3 716
-
17 307
-
total
6 538
-
30 449
-
Corporate
177 465
226 000
-
-
income
33 718
42 940
-
-
total
33 718
42 940
-
-
Dividends
143 747
183 060
-
-
withholding
21 562
27 459
-
-
total
21 562
27 459
-
-
Income
226 000
226 000
226 000
226 000
Total tax
78 341
70 399
127 288
122 379
After tax
147 659
155 601
98 712
103 621
Living cost
25 473
25 473
25 473
25 473
Free-cash
122 186
130 128
73 239
78 148

Estimated living cost  is ₽25473 per week

₽17482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43986
₽167960
₽111705
₽93019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
63 776
-
-
-
income
14 068
-
-
-
social contributions
5 230
-
745
-
total
19 298
-
745
-
Employer
63 776
-
-
-
social contributions
89 924
-
12 816
-
total
89 924
-
12 816
-
Corporate
72 300
226 000
-
-
income
15 906
49 720
-
-
total
15 906
49 720
-
-
Dividends
56 394
176 280
-
-
income
12 407
38 782
-
-
total
12 407
38 782
-
-
Income
226 000
226 000
226 000
226 000
Total tax
137 535
88 502
13 561
69 816
After tax
88 465
137 498
212 439
156 184
Living cost
44 479
44 479
44 479
44 479
Free-cash
43 986
93 019
167 960
111 705

Estimated living cost  is ₽44479 per week

₽28859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4183
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97802
₽69366
₽87477
₽98760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
income
-
-
-
30 199
social contributions

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

-
-
-
78 535
total
-
-
-
108 734
Employee
43 679
-
182 625
-
income
9 085
-
62 922
-
surtax
-
-
460
-
social contributions
4 805
-
20 090
-
total
13 890
-
83 472
-
Employer
43 679
-
182 625
-
social contributions
10 374
-
43 373
-
total
10 374
-
43 373
-
Corporate
171 947
226 000
-
-
surtax
-
-
-
-
income
36 110
47 460
-
-
total
36 110
47 460
-
-
Dividends
135 837
178 540
-
-
withholding
38 035
49 991
-
-
total
38 035
49 991
-
-
Income
226 000
226 000
226 000
226 000
Total tax
98 409
97 451
126 845
108 734
After tax
127 591
128 549
99 155
117 266
Living cost
29 789
29 789
29 789
29 789
Free-cash
97 802
98 760
69 366
87 477

Estimated living cost  is ₽29789 per week

₽22288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽74562
₽69329
₽76732
₽68035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
pensions
-
-
-
34 703
health
-
-
-
11 388
income
-
-
-
43 864
social contributions
-
-
-
6 439
other
-
-
-
7 005
total
-
-
-
103 399
Employee
59 482
-
171 844
-
income
5 190
-
38 533
-
pensions
6 728
-
13 219
-
surtax
-
-
-
-
social contributions
1 694
-
4 895
-
total
13 612
-
56 647
-
Employer
59 482
-
171 844
-
unemployment
2 410
-
6 960
-
social contributions
178
-
515
-
health
4 163
-
17 405
-
pensions
9 774
-
22 029
-
other
2 053
-
7 246
-
total
18 578
-
54 155
-
Corporate
147 941
226 000
-
-
surtax
-
-
-
-
income
41 423
63 280
-
-
total
41 423
63 280
-
-
Dividends
106 518
162 720
-
-
surtax
-
-
-
-
social contributions
18 322
27 987
-
-
withholding
13 634
20 829
-
-
total
31 956
48 816
-
-
Income
226 000
226 000
226 000
226 000
Total tax
105 569
112 096
110 802
103 399
After tax
120 431
113 904
115 198
122 601
Living cost
45 869
45 869
45 869
45 869
Free-cash
74 562
68 035
69 329
76 732

Estimated living cost  is ₽45869 per week

₽31044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171662
₽141879
₽135871
₽174852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 861
social contributions
-
-
-
49 720
total
-
-
-
61 581
Employee
30 532
-
195 670
-
income
-
-
12 527
-
social contributions
1 984
-
12 718
-
total
1 984
-
25 245
-
Employer
30 532
-
195 670
-
social contributions
4 733
-
30 328
-
total
4 733
-
30 328
-
Corporate
190 735
226 000
-
-
income
19 073
22 600
-
-
total
19 073
22 600
-
-
Dividends
171 662
203 400
-
-
total
-
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
25 790
22 600
55 573
61 581
After tax
200 210
203 400
170 427
164 419
Living cost
28 548
28 548
28 548
28 548
Free-cash
171 662
174 852
141 879
135 871

Estimated living cost  is ₽28548 per week

₽18459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7400
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10765
₽19481
₽84230
₽19481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
28 455
pensions
-
-
-
822
municipal
-
-
-
48 830
labour market
-
-
-
18 014
total
-
-
-
96 121
Employee
192 674
192 674
192 674
-
labour market
15 392
15 392
15 392
-
pensions
274
274
274
-
national
23 539
23 539
23 539
-
municipal
41 029
41 029
41 029
-
total
80 234
80 234
80 234
-
Employer
192 674
192 674
192 674
-
labour market
15 414
15 414
15 414
-
national
23 580
23 580
23 580
-
municipal
41 094
41 094
41 094
-
pensions
548
548
548
-
total
80 636
80 636
80 636
-
Corporate
19 482
-
-
-
income
4 286
-
-
-
total
4 286
-
-
-
Dividends
15 196
-
-
-
withholding
4 430
-
-
-
total
4 430
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
169 586
160 870
160 870
96 121
After tax
56 414
65 130
65 130
129 879
Living cost
45 649
45 649
45 649
45 649
Free-cash
10 765
19 481
19 481
84 230

Estimated living cost  is ₽45649 per week

₽31243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽702
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15200
₽104669
₽134024
-₽1943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
236
pensions
-
-
-
3 887
health
-
-
-
2 037
income
-
-
-
65 221
other
-
-
-
346
total
-
-
-
71 727
Employee
31 854
-
207 172
-
income
4 370
-
51 406
-
pensions
3 587
-
7 127
-
health
3 647
-
23 721
-
total
11 604
-
82 254
-
Employer
31 854
-
207 172
-
accident
532
-
3 460
-
unemployment
781
-
5 076
-
pensions
5 179
-
10 292
-
total
6 492
-
18 828
-
Corporate
187 655
226 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

168 889
203 400
-
-
total
168 889
203 400
-
-
Dividends
18 765
22 600
-
-
withholding
3 566
4 294
-
-
total
3 566
4 294
-
-
Income
226 000
226 000
226 000
226 000
Total tax
190 551
207 694
101 082
71 727
After tax
35 449
18 306
124 918
154 273
Living cost
20 249
20 249
20 249
20 249
Free-cash
15 200
-1 943
104 669
134 024

Estimated living cost  is ₽20249 per week

₽14739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104440
₽74889
₽100775
₽101506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
45 554
health
-
-
-
3 084
municipal
-
-
-
40 125
total
-
-
-
88 763
Employee
49 966
-
190 125
-
pensions
3 372
-
12 834
-
national
825
-
29 615
-
unemployment
750
-
2 851
-
municipal
8 184
-
30 943
-
health
373
-
2 532
-
total
13 504
-
78 775
-
Employer
49 966
-
190 125
-
accident
50
-
189
-
unemployment
324
-
1 236
-
health
384
-
1 463
-
pensions
8 669
-
32 986
-
total
9 427
-
35 874
-
Corporate
166 607
226 000
-
-
income
33 322
45 200
-
-
total
33 322
45 200
-
-
Dividends

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

99 964
135 600
-
-
national
10 851
18 424
-
-
municipal
17 994
24 408
-
-
total
28 845
42 832
-
-
Income
226 000
226 000
226 000
226 000
Total tax
85 098
88 032
114 649
88 763
After tax
140 902
137 968
111 351
137 237
Living cost
36 462
36 462
36 462
36 462
Free-cash
104 440
101 506
74 889
100 775

Estimated living cost  is ₽36462 per week

₽23817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137522
₽127716
₽129543
₽142689
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
health
-
-
-
5 764
income
-
-
-
53 339
social contributions
-
-
-
15 366
total
-
-
-
74 469
Employee
73 028
73 028
213 869
-
income
7 951
6 760
52 355
-
social contributions
2 761
6 061
8 175
-
health
566
1 242
3 635
-
total
11 278
14 063
64 165
-
Employer
73 028
73 028
213 869
-
social contributions
2 761
6 061
8 175
-
health
615
1 352
3 956
-
total
3 376
7 413
12 131
-
Corporate
189 358
145 560
-
-
income
23 669
18 195
-
-
total
23 669
18 195
-
-
Dividends
165 689
127 364
-
-
withholding
28 167
21 652
-
-
total
28 167
21 652
-
-
Income
226 000
226 000
226 000
226 000
Total tax
66 490
61 323
76 296
74 469
After tax
159 510
164 677
149 704
151 531
Living cost
21 988
21 988
21 988
21 988
Free-cash
137 522
142 689
127 716
129 543

Estimated living cost  is ₽21988 per week

₽13178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167242
₽158888
₽177939
₽172073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
pensions
-
-
-
6 041
health
-
-
-
3 437
income
-
-
-
23 478
total
-
-
-
32 983
Employee

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

21 799
-
216 718
-
income
1 490
-
21 124
-
pensions
3 269
-
13 517
-
unemployment
108
-
451
-
health
1 853
-
7 660
-
total
6 720
-
42 752
-
Employer

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

21 799
-
216 718
-
unemployment
108
-
451
-
health
937
-
3 875
-
pensions
1 198
-
4 956
-
total
2 243
-
9 282
-
Corporate
201 957
226 000
-
-
income
18 176
20 340
-
-
total
18 176
20 340
-
-
Dividends
183 782
205 660
-
-
withholding
16 541
18 509
-
-
total
16 541
18 509
-
-
Income
226 000
226 000
226 000
226 000
Total tax
43 680
38 849
52 034
32 983
After tax
182 320
187 151
173 966
193 017
Living cost
15 078
15 078
15 078
15 078
Free-cash
167 242
172 073
158 888
177 939

Estimated living cost  is ₽15078 per week

₽9620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1087
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119625
₽96072
₽100057
₽123819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
616
accident
-
-
-
793
pensions
-
-
-
24 911
income
-
-
-
73 419
other
-
-
-
88
total
-
-
-
99 827
Employee
35 116
-
197 937
-
other
34
-
88
-
income
6 770
-
70 159
-
pensions
1 651
-
4 138
-
unemployment
544
-
1 364
-
total
8 999
-
75 749
-
Employer
35 116
-
197 937
-
accident
696
-
1 743
-
unemployment
1 932
-
4 841
-
pensions
8 287
-
20 774
-
other
281
-
705
-
total
11 196
-
28 063
-
Corporate
179 688
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.

26 953
33 900
-
-
total
26 953
33 900
-
-
Dividends
152 736
192 100
-
-
withholding
33 111
42 165
-
-
total
33 111
42 165
-
-
Income
226 000
226 000
226 000
226 000
Total tax
80 259
76 065
103 812
99 827
After tax
145 741
149 935
122 188
126 173
Living cost
26 116
26 116
26 116
26 116
Free-cash
119 625
123 819
96 072
100 057

Estimated living cost  is ₽26116 per week

₽17628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2511
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139120
₽144189
₽144305
₽139389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
pensions
-
-
-
1 192
health
-
-
-
865
income
-
-
-
78 003
total
-
-
-
80 060
Employee
2 490
-
224 659
-
income
482
-
77 940
-
pensions
224
-
537
-
unemployment
25
-
60
-
health
124
-
298
-
total
855
-
78 835
-
Employer
2 490
-
224 659
-
unemployment
50
-
119
-
health
237
-
566
-
pensions
274
-
656
-
total
561
-
1 341
-
Corporate
222 950
226 000
-
-
income
49 049
49 720
-
-
total
49 049
49 720
-
-
Dividends
173 901
176 280
-
-
withholding
34 780
35 256
-
-
total
34 780
35 256
-
-
Income
226 000
226 000
226 000
226 000
Total tax
85 245
84 976
80 176
80 060
After tax
140 755
141 024
145 824
145 940
Living cost
1 635
1 635
1 635
1 635
Free-cash
139 120
139 389
144 189
144 305

Estimated living cost  is ₽1635 per week

₽971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽37
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142256
₽130635
₽130637
₽146913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 049
pensions
-
-
-
18 190
health
-
-
-
7 206
income
-
-
-
52 546
total
-
-
-
78 991
Employee

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

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

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

24 688
-
213 477
-
income
3 403
-
52 546
-
pensions
3 456
-
9 795
-
unemployment
185
-
525
-
health
1 271
-
3 603
-
total
8 315
-
66 469
-
Employer

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

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

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

24 688
-
213 477
-
unemployment
185
-
525
-
health
1 271
-
3 603
-
pensions
2 963
-
8 396
-
total
4 419
-
12 524
-
Corporate
196 893
226 000
-
-
income
29 534
33 900
-
-
total
29 534
33 900
-
-
Dividends
167 359
192 100
-
-
withholding
25 104
28 815
-
-
total
25 104
28 815
-
-
Income
226 000
226 000
226 000
226 000
Total tax
67 372
62 715
78 993
78 991
After tax
158 628
163 285
147 007
147 009
Living cost
16 372
16 372
16 372
16 372
Free-cash
142 256
146 913
130 635
130 637

Estimated living cost  is ₽16372 per week

₽11023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102604
₽73552
₽91663
₽102946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
income
-
-
-
30 199
social contributions

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

-
-
-
78 535
total
-
-
-
108 734
Employee
36 860
-
182 625
-
income
7 202
-
62 922
-
surtax
-
-
460
-
social contributions
4 055
-
20 090
-
total
11 257
-
83 472
-
Employer
36 860
-
182 625
-
social contributions
8 753
-
43 373
-
total
8 753
-
43 373
-
Corporate
180 386
226 000
-
-
surtax
-
-
-
-
income
37 881
47 460
-
-
total
37 881
47 460
-
-
Dividends
142 505
178 540
-
-
withholding
39 902
49 991
-
-
total
39 902
49 991
-
-
Income
226 000
226 000
226 000
226 000
Total tax
97 793
97 451
126 845
108 734
After tax
128 207
128 549
99 155
117 266
Living cost
25 603
25 603
25 603
25 603
Free-cash
102 604
102 946
73 552
91 663

Estimated living cost  is ₽25603 per week

₽18134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110345
₽88811
₽92796
₽116558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
616
accident
-
-
-
793
pensions
-
-
-
24 911
income
-
-
-
73 419
other
-
-
-
88
total
-
-
-
99 827
Employee
45 866
-
197 937
-
other
45
-
88
-
income
9 580
-
70 159
-
pensions
2 155
-
4 138
-
unemployment
710
-
1 364
-
total
12 490
-
75 749
-
Employer
45 866
-
197 937
-
accident
908
-
1 743
-
unemployment
2 523
-
4 841
-
pensions
10 824
-
20 774
-
other
368
-
705
-
total
14 623
-
28 063
-
Corporate
165 510
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.

24 826
33 900
-
-
total
24 826
33 900
-
-
Dividends
140 684
192 100
-
-
withholding
30 339
42 165
-
-
total
30 339
42 165
-
-
Income
226 000
226 000
226 000
226 000
Total tax
82 278
76 065
103 812
99 827
After tax
143 722
149 935
122 188
126 173
Living cost
33 377
33 377
33 377
33 377
Free-cash
110 345
116 558
88 811
92 796

Estimated living cost  is ₽33377 per week

₽23970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170365
₽175500
₽166064
₽176347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
137
pensions

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

-
-
-
5 074
health
-
-
-
3 942
income
-
-
-
33 900
total
-
-
-
43 053
Employee
22 356
-
219 274
-
income
2 236
-
21 927
-
pensions

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

1 963
-
3 010
-
accident

We are using the highest rate at 1.1%.

246
-
377
-
health
1 028
-
1 577
-
total
5 473
-
26 891
-
Employer
22 356
-
219 274
-
accident

We are using the highest rate at 1.1%.

246
-
377
-
unemployment
134
-
206
-
health
1 543
-
2 365
-
pensions

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

2 464
-
3 778
-
total
4 387
-
6 726
-
Corporate
199 258
226 000
-
-
income
19 925
22 600
-
-
total
19 925
22 600
-
-
Dividends
179 333
203 400
-
-
withholding
8 967
10 170
-
-
total
8 967
10 170
-
-
Income
226 000
226 000
226 000
226 000
Total tax
38 752
32 770
33 617
43 053
After tax
187 248
193 230
192 383
182 947
Living cost
16 883
16 883
16 883
16 883
Free-cash
170 365
176 347
175 500
166 064

Estimated living cost  is ₽16883 per week

₽11166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91972
₽102275
₽76180
₽79547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 201
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.

-
-
-
6 488
income

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

-
-
-
76 370
trade
-
-
-
26 095
total
-
-
-
113 154
Employee

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

47 254
-
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.

3 886
-
76 370
-
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.

214
-
4 201
-
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.

6 488
-
6 488
-
total
10 588
-
87 059
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 746
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.

1 474
1 865
-
-
chamber of commerce
406
476
-
-
income
26 812
33 900
-
-
trade
25 650
32 431
-
-
total
54 342
68 672
-
-
Dividends
124 405
157 327
-
-
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.

1 691
2 143
-
-
withholding
30 741
38 972
-
-
total
32 432
41 115
-
-
Income
226 000
226 000
226 000
226 000
Total tax
97 362
109 787
87 059
113 154
After tax
128 638
116 213
138 941
112 846
Living cost
36 666
36 666
36 666
36 666
Free-cash
91 972
79 547
102 275
76 180

Estimated living cost  is ₽36666 per week

₽25293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106199
₽58133
₽58133
₽104101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
74 703
social contributions
-
-
-
39 065
total
-
-
-
113 768
Employee
74 288
-
226 000
-
income
14 018
-
74 703
-
social contributions
6 172
-
39 065
-
total
20 190
-
113 768
-
Employer
74 288
-
226 000
-
total
-
-
-
-
Corporate
151 712
226 000
-
-
income
18 963
28 250
-
-
total
18 963
28 250
-
-
Dividends
132 749
197 750
-
-
withholding
26 549
39 550
-
-
total
26 549
39 550
-
-
Income
226 000
226 000
226 000
226 000
Total tax
65 702
67 800
113 768
113 768
After tax
160 298
158 200
112 232
112 232
Living cost
54 099
54 099
54 099
54 099
Free-cash
106 199
104 101
58 133
58 133

Estimated living cost  is ₽54099 per week

₽41158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽110728
₽122632
₽151595
₽107408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
6 030
income
-
-
-
33 900
total
-
-
-
39 930
Employee
43 567
-
221 631
-
income
4 727
-
60 155
-
social contributions
4 365
-
4 369
-
total
9 092
-
64 524
-
Employer
43 567
-
221 631
-
social contributions
4 365
-
4 369
-
total
4 365
-
4 369
-
Corporate
178 068
226 000
-
-
income
62 323
79 100
-
-
total
62 323
79 100
-
-
Dividends
115 745
146 900
-
-
social contributions
5 017
5 017
-
-
total
5 017
5 017
-
-
Income
226 000
226 000
226 000
226 000
Total tax
80 797
84 117
68 893
39 930
After tax
145 203
141 883
157 107
186 070
Living cost
34 475
34 475
34 475
34 475
Free-cash
110 728
107 408
122 632
151 595

Estimated living cost  is ₽34475 per week

₽22708
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111821
₽89786
₽109925
₽106135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
pensions
-
-
-
9 778
income
-
-
-
70 627
total
-
-
-
80 405
Employee
48 962
-
196 897
-
income
8 916
-
57 199
-
pensions
3 737
-
11 609
-
health
639
-
2 633
-
total
13 292
-
71 441
-
Employer
48 962
-
196 897
-
health
931
-
3 741
-
pensions
4 947
-
25 362
-
total
5 878
-
29 103
-
Corporate
171 161
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.

32 521
42 941
-
-
total
32 521
42 941
-
-
Dividends
138 640
183 059
-
-
withholding
26 818
41 254
-
-
total
26 818
41 254
-
-
Income
226 000
226 000
226 000
226 000
Total tax
78 509
84 195
100 544
80 405
After tax
147 491
141 805
125 456
145 595
Living cost
35 670
35 670
35 670
35 670
Free-cash
111 821
106 135
89 786
109 925

Estimated living cost  is ₽35670 per week

₽24469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7472
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽14891
₽102664
₽132019
-₽3948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
236
pensions
-
-
-
3 887
health
-
-
-
2 037
income
-
-
-
65 221
other
-
-
-
346
total
-
-
-
71 727
Employee
35 007
-
207 172
-
income
4 803
-
51 406
-
pensions
3 942
-
7 127
-
health
4 008
-
23 721
-
total
12 753
-
82 254
-
Employer
35 007
-
207 172
-
accident
585
-
3 460
-
unemployment
858
-
5 076
-
pensions
5 692
-
10 292
-
total
7 135
-
18 828
-
Corporate
183 860
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.

165 474
203 400
-
-
total
165 474
203 400
-
-
Dividends
18 386
22 600
-
-
withholding
3 493
4 294
-
-
total
3 493
4 294
-
-
Income
226 000
226 000
226 000
226 000
Total tax
188 855
207 694
101 082
71 727
After tax
37 145
18 306
124 918
154 273
Living cost
22 254
22 254
22 254
22 254
Free-cash
14 891
-3 948
102 664
132 019

Estimated living cost  is ₽22254 per week

₽16332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157197
₽154157
₽133284
₽160069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 822
pensions
-
-
-
27 930
income
-
-
-
38 151
health insurance
-
-
-
11 233
work injury
-
-
-
759
total
-
-
-
79 895
Employee

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

20 513
-
226 000
-
income
2 051
-
38 151
-
pensions
3 774
-
13 965
-
health insurance
1 518
-
5 616
-
unemployment
246
-
911
-
work injury
103
-
379
-
total
7 692
-
59 022
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
205 487
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%.

20 549
22 600
-
-
total
20 549
22 600
-
-
Dividends
184 938
203 400
-
-
withholding
27 741
30 510
-
-
total
27 741
30 510
-
-
Income
226 000
226 000
226 000
226 000
Total tax
55 982
53 110
59 022
79 895
After tax
170 018
172 890
166 978
146 105
Living cost
12 821
12 821
12 821
12 821
Free-cash
157 197
160 069
154 157
133 284

Estimated living cost  is ₽12821 per week

₽7943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76887
₽61169
₽68970
₽81208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
64 432
regional
-
-
-
5 626
municipal
-
-
-
1 606
social contributions
-
-
-
47 532
total
-
-
-
119 196
Employee
80 028
-
226 000
-
regional
1 208
-
5 134
-
national
13 524
-
58 075
-
social contributions
26 985
-
62 316
-
municipal
478
-
1 472
-
total
42 195
-
126 997
-
Employer
80 028
-
226 000
-
total
-
-
-
-
Corporate
145 972
226 000
-
-
nationa
35 034
54 240
-
-
municipal
7 036
10 893
-
-
total
42 070
65 133
-
-
Dividends
103 902
160 867
-
-
withholding
27 014
41 825
-
-
total
27 014
41 825
-
-
Income
226 000
226 000
226 000
226 000
Total tax
111 279
106 958
126 997
119 196
After tax
114 721
119 042
99 003
106 804
Living cost
37 834
37 834
37 834
37 834
Free-cash
76 887
81 208
61 169
68 970

Estimated living cost  is ₽37834 per week

₽26576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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