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
₽110457
₽85632
₽81692
₽95948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 218
trade
-
-
-
28 765
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.

-
-
-
76 701
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.

-
-
-
6 372
total
-
-
-
116 056
Employee

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

35 675
-
226 000
-
health

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

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

6 372
-
6 372
-
surtax

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

55
-
4 218
-
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.

997
-
76 701
-
total
7 424
-
87 291
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
190 325
226 000
-
-
chamber of commerce
416
466
-
-
trade
29 976
35 595
-
-
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.

1 570
1 864
-
-
income
28 549
33 900
-
-
total
60 511
71 825
-
-
Dividends
129 814
154 176
-
-
withholding
32 100
38 190
-
-
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.

1 765
2 101
-
-
total
33 865
40 291
-
-
Income
226 000
226 000
226 000
226 000
Total tax
101 800
112 116
87 291
116 056
After tax
124 200
113 884
138 709
109 944
Living cost
28 252
28 252
28 252
28 252
Free-cash
95 948
85 632
110 457
81 692

Estimated living cost  is ₽28252 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79837
₽91287
₽78624
₽90460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
municipal
-
-
-
25 135
social contributions
-
-
-
2 429
national
-
-
-
42 955
pensions
-
-
-
27 120
total
-
-
-
97 639
Employee
77 101
-
195 375
-
pensions
3 084
-
7 815
-
national
14 757
-
44 871
-
municipal
9 523
-
26 010
-
total
27 364
-
78 696
-
Employer
77 101
-
195 375
-
pensions
6 168
-
15 630
-
social contributions
829
-
2 100
-
total
6 997
-
17 730
-
Corporate
136 813
226 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

27 363
45 200
-
-
total
27 363
45 200
-
-
Dividends
109 450
180 800
-
-
withholding
24 079
39 776
-
-
total
24 079
39 776
-
-
Income
226 000
226 000
226 000
226 000
Total tax
85 803
84 976
96 426
97 639
After tax
140 197
141 024
129 574
128 361
Living cost
49 737
49 737
49 737
49 737
Free-cash
90 460
91 287
79 837
78 624

Estimated living cost  is ₽49737 per week

₽33806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79703
₽161395
₽63885
₽153744
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
35 737
income
-
-
-
49 343
total
-
-
-
142 710
Employee
27 255
-
179 478
-
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.

2 998
-
12 227
-
surtax
-
-
26 025
-
income
4 852
-
42 118
-
total
7 850
-
80 370
-
Employer
27 255
-
179 478
-
surtax
-
-
19 743
-
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.

6 565
-
26 779
-
total
6 565
-
46 522
-
Corporate
192 180
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%.

38 436
45 200
-
-
total
38 436
45 200
-
-
Dividends

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

153 744
180 800
-
-
total
-
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
52 851
45 200
126 892
142 710
After tax
173 149
180 800
99 108
83 290
Living cost
19 405
19 405
19 405
19 405
Free-cash
153 744
161 395
79 703
63 885

Estimated living cost  is ₽19405 per week

₽12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105435
₽73738
₽81403
₽68023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 094
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
105 524
Employee
79 651
79 651
208 666
-
health
12 226
10 399
11 502
-
pensions
14 337
10 928
10 928
-
income

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

13 038
13 038
41 728
-
total
39 601
34 365
64 158
-
Employer
79 651
79 651
208 666
-
unemployment
2 867
2 867
3 563
-
health
5 537
5 537
6 880
-
pensions
5 544
5 544
6 891
-
total
13 948
13 948
17 334
-
Corporate
133 378
132 401
-
-
income
26 676
26 480
-
-
total
26 676
26 480
-
-
Dividends
106 702
105 921
-
-
withholding
16 005
15 888
-
-
income
22 674
22 508
-
-
total
38 679
38 396
-
-
Income
226 000
226 000
226 000
226 000
Total tax
118 904
113 189
81 492
105 524
After tax
107 096
112 811
144 508
120 476
Living cost
39 073
39 073
39 073
39 073
Free-cash
68 023
73 738
105 435
81 403

Estimated living cost  is ₽39073 per week

₽27690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73773
₽85712
₽74686
₽84867
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
municipal
-
-
-
60 258
other
-
-
-
9 597
unemployment
-
-
-
83
national
-
-
-
29 445
pensions
-
-
-
8 928
accident
-
-
-
165
health
-
-
-
5 154
total
-
-
-
113 630
Employee
53 696
-
200 050
-
national
-
-
28 939
-
municipal
16 012
-
59 655
-
total
16 012
-
88 594
-
Employer
53 696
-
200 050
-
unemployment
1 418
-
2 180
-
accident
107
-
165
-
health
3 302
-
5 079
-
pensions
5 804
-
8 928
-
other
6 240
-
9 597
-
total
16 871
-
25 949
-
Corporate
155 432
226 000
-
-
income
34 195
49 720
-
-
total
34 195
49 720
-
-
Dividends
121 237
176 280
-
-
withholding
36 371
52 884
-
-
total
36 371
52 884
-
-
Income
226 000
226 000
226 000
226 000
Total tax
103 449
102 604
114 543
113 630
After tax
122 551
123 396
111 457
112 370
Living cost
37 684
37 684
37 684
37 684
Free-cash
84 867
85 712
73 773
74 686

Estimated living cost  is ₽37684 per week

₽24976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102067
₽76080
₽72024
₽89186
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 218
trade
-
-
-
30 043
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.

-
-
-
76 701
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.

-
-
-
6 372
total
-
-
-
117 334
Employee

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

47 301
-
226 000
-
health

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

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

6 372
-
6 372
-
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.

223
-
4 218
-
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.

4 064
-
76 701
-
total
10 659
-
87 291
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 699
226 000
-
-
chamber of commerce
396
464
-
-
trade
29 397
37 178
-
-
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
1 864
-
-
income
26 805
33 900
-
-
total
58 072
73 406
-
-
Dividends
120 626
152 595
-
-
withholding
29 802
37 794
-
-
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.

1 639
2 078
-
-
total
31 441
39 872
-
-
Income
226 000
226 000
226 000
226 000
Total tax
100 172
113 278
87 291
117 334
After tax
125 828
112 722
138 709
108 666
Living cost
36 642
36 642
36 642
36 642
Free-cash
89 186
76 080
102 067
72 024

Estimated living cost  is ₽36642 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119308
₽134414
₽121128
₽130549
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
social contributions
-
-
-
15 091
income
-
-
-
53 765
health
-
-
-
5 763
total
-
-
-
74 619
Employee
71 723
71 723
214 012
-
health
713
1 220
3 637
-
social contributions
3 485
5 953
8 029
-
income
7 531
6 639
52 784
-
total
11 729
13 812
64 450
-
Employer
71 723
71 723
214 012
-
health
777
1 328
3 960
-
social contributions
3 485
5 953
8 029
-
total
4 262
7 281
11 989
-
Corporate
179 755
146 997
-
-
income
22 469
18 375
-
-
total
22 469
18 375
-
-
Dividends
157 286
128 623
-
-
withholding
26 738
21 865
-
-
total
26 738
21 865
-
-
Income
226 000
226 000
226 000
226 000
Total tax
65 198
61 333
76 439
74 619
After tax
160 802
164 667
149 561
151 381
Living cost
30 253
30 253
30 253
30 253
Free-cash
130 549
134 414
119 308
121 128

Estimated living cost  is ₽30253 per week

₽20681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114311
₽110117
₽139859
₽110464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
27 628
pensions
-
-
-
22 600
health
-
-
-
15 820
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.

24 110
9 596
189 121
-
health
1 688
672
13 238
-
pensions
2 411
960
18 912
-
unemployment
362
144
2 837
-
income
2 948
1 173
23 120
-
total
7 409
2 949
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.

24 110
9 596
189 121
-
pensions
4 702
1 871
36 879
-
total
4 702
1 871
36 879
-
Corporate
197 188
214 533
-
-
income
17 747
19 308
-
-
total
17 747
19 308
-
-
Dividends
179 441
195 225
-
-
withholding
34 094
37 093
-
-
social contributions
34 881
37 959
-
-
total
68 975
75 052
-
-
Income
226 000
226 000
226 000
226 000
Total tax
98 833
99 180
94 986
69 438
After tax
127 167
126 820
131 014
156 562
Living cost
16 703
16 703
16 703
16 703
Free-cash
110 464
110 117
114 311
139 859

Estimated living cost  is ₽16703 per week

₽11398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107735
₽158271
₽98607
₽152478
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
30 283
pensions
-
-
-
45 200
health
-
-
-
29 381
total
-
-
-
104 864
Employee
26 460
-
168 908
-
unemployment
423
-
2 703
-
pensions
529
-
3 379
-
income
2 979
-
32 565
-
total
3 931
-
38 647
-
Employer
26 460
-
168 908
-
unemployment
212
-
1 351
-
health
3 439
-
21 957
-
pensions
5 292
-
33 781
-
total
8 943
-
57 089
-
Corporate
190 596
226 000
-
-
income
38 119
45 200
-
-
total
38 119
45 200
-
-
Dividends
152 476
180 800
-
-
total
-
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
50 993
45 200
95 736
104 864
After tax
175 007
180 800
130 264
121 136
Living cost
22 529
22 529
22 529
22 529
Free-cash
152 478
158 271
107 735
98 607

Estimated living cost  is ₽22529 per week

₽15452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104011
-₽2523
₽133452
₽15111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
other
-
-
-
351
income
-
-
-
65 125
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
71 719
Employee
32 765
-
207 039
-
health
3 752
-
23 706
-
pensions
3 689
-
7 223
-
income
4 495
-
51 270
-
total
11 936
-
82 199
-
Employer
32 765
-
207 039
-
unemployment
803
-
5 073
-
accident
547
-
3 457
-
pensions
5 328
-
10 431
-
total
6 678
-
18 961
-
Corporate
186 557
226 000
-
-
income

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

167 901
203 400
-
-
total
167 901
203 400
-
-
Dividends
18 656
22 600
-
-
withholding
3 545
4 294
-
-
total
3 545
4 294
-
-
Income
226 000
226 000
226 000
226 000
Total tax
190 060
207 694
101 160
71 719
After tax
35 940
18 306
124 840
154 281
Living cost
20 829
20 829
20 829
20 829
Free-cash
15 111
-2 523
104 011
133 452

Estimated living cost  is ₽20829 per week

₽15266
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.
₽435
Clothing and shoes. We estimate one pair of shoes and 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

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
₽173246
₽207146
₽216186
₽205730
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
226 000
microenterprise

A sole-trader will lose its microenterprise status when the turnover exceeds 500,000 GEL for the last two consecutive years.

-
-
-
2 260
total
-
-
-
2 260
Employee
9 443
-
226 000
-
income
1 888
-
45 200
-
total
1 888
-
45 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

216 557
226 000
-
-
total
-
-
-
-
Dividends
216 557
226 000
-
-
withholding
10 828
11 300
-
-
total
10 828
11 300
-
-
Income
226 000
226 000
226 000
226 000
Total tax
12 716
11 300
45 200
2 260
After tax
213 284
214 700
180 800
223 740
Living cost
7 554
7 554
7 554
7 554
Free-cash
205 730
207 146
173 246
216 186

Estimated living cost  is ₽7554 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111499
₽141189
₽113330
₽134892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
other
-
-
-
6 737
income
-
-
-
40 798
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.

-
-
-
34 041
health
-
-
-
6 241
total
-
-
-
87 817
Employee
33 866
-
189 874
-
health
474
-
1 986
-
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.

2 370
-
9 928
-
unemployment
338
-
1 418
-
income
5 830
-
40 189
-
total
9 012
-
53 521
-
Employer
33 866
-
189 874
-
unemployment
338
-
1 418
-
accident
271
-
1 519
-
health
474
-
1 986
-
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.

5 758
-
24 113
-
other
1 694
-
7 091
-
total
8 535
-
36 127
-
Corporate
183 598
226 000
-
-
income
38 555
47 460
-
-
total
38 555
47 460
-
-
Dividends
145 044
178 540
-
-
withholding
10 153
12 498
-
-
total
10 153
12 498
-
-
Income
226 000
226 000
226 000
226 000
Total tax
66 255
59 958
89 648
87 817
After tax
159 745
166 042
136 352
138 183
Living cost
24 853
24 853
24 853
24 853
Free-cash
134 892
141 189
111 499
113 330

Estimated living cost  is ₽24853 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
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.
₽5215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62388
₽78598
₽82510
₽86159
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
71 023
pensions
-
-
-
9 661
total
-
-
-
80 684
Employee
88 860
-
196 863
-
health
1 464
-
2 619
-
pensions
8 573
-
11 440
-
income
16 018
-
57 611
-
total
26 055
-
71 670
-
Employer
88 860
-
196 863
-
health
1 688
-
3 741
-
pensions
10 492
-
25 395
-
total
12 180
-
29 136
-
Corporate
124 960
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.

23 743
42 940
-
-
total
23 743
42 940
-
-
Dividends
101 217
183 060
-
-
withholding
15 057
41 656
-
-
total
15 057
41 656
-
-
Income
226 000
226 000
226 000
226 000
Total tax
77 035
84 596
100 806
80 684
After tax
148 965
141 404
125 194
145 316
Living cost
62 806
62 806
62 806
62 806
Free-cash
86 159
78 598
62 388
82 510

Estimated living cost  is ₽62806 per week

₽47061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽180690
₽180996
₽171164
₽176663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
130
income
-
-
-
33 900
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
42 602
Employee
16 200
-
219 605
-
health
745
-
1 499
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 422
-
2 862
-
income
1 620
-
21 960
-
total
3 965
-
26 680
-
Employer
16 200
-
219 605
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
health
1 118
-
2 249
-
pensions

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

1 785
-
3 592
-
total
3 178
-
6 396
-
Corporate
206 621
226 000
-
-
income
20 662
22 600
-
-
total
20 662
22 600
-
-
Dividends
185 959
203 400
-
-
withholding
9 298
10 170
-
-
total
9 298
10 170
-
-
Income
226 000
226 000
226 000
226 000
Total tax
37 103
32 770
33 076
42 602
After tax
188 897
193 230
192 924
183 398
Living cost
12 234
12 234
12 234
12 234
Free-cash
176 663
180 996
180 690
171 164

Estimated living cost  is ₽12234 per week

₽7143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92787
₽61090
₽68755
₽63437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 094
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
105 524
Employee
86 476
79 651
208 666
-
health
10 788
10 399
11 502
-
pensions
10 928
10 928
10 928
-
income

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

13 038
13 038
41 728
-
total
34 754
34 365
64 158
-
Employer
86 476
79 651
208 666
-
unemployment
3 113
2 867
3 563
-
health
6 009
5 537
6 880
-
pensions
6 018
5 544
6 891
-
total
15 140
13 948
17 334
-
Corporate
124 383
132 401
-
-
income
24 876
26 480
-
-
total
24 876
26 480
-
-
Dividends
99 507
105 921
-
-
withholding
14 927
15 888
-
-
income
21 145
22 508
-
-
total
36 072
38 396
-
-
Income
226 000
226 000
226 000
226 000
Total tax
110 842
113 189
81 492
105 524
After tax
115 158
112 811
144 508
120 476
Living cost
51 721
51 721
51 721
51 721
Free-cash
63 437
61 090
92 787
68 755

Estimated living cost  is ₽51721 per week

₽38153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101888
₽132810
₽111972
₽124678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
3 527
social contributions
-
-
-
32 796
income
-
-
-
24 404
health
-
-
-
30 510
total
-
-
-
91 237
Employee
33 517
-
181 579
-
health
4 525
-
24 513
-
social contributions
2 179
-
7 300
-
solidarity contribution
-
-
2 622
-
income
4 022
-
22 465
-
total
10 726
-
56 900
-
Employer
33 517
-
181 579
-
health
3 017
-
16 342
-
social contributions
8 379
-
28 079
-
total
11 396
-
44 421
-
Corporate
181 088
226 000
-
-
income
34 407
42 940
-
-
total
34 407
42 940
-
-
Dividends
146 681
183 060
-
-
withholding
22 002
27 459
-
-
total
22 002
27 459
-
-
Income
226 000
226 000
226 000
226 000
Total tax
78 531
70 399
101 321
91 237
After tax
147 469
155 601
124 679
134 763
Living cost
22 791
22 791
22 791
22 791
Free-cash
124 678
132 810
101 888
111 972

Estimated living cost  is ₽22791 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
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.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62665
₽81220
₽70573
₽76351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
municipal
-
-
-
1 434
social contributions
-
-
-
46 683
national
-
-
-
65 017
regional
-
-
-
2 935
total
-
-
-
116 069
Employee
82 895
-
226 000
-
social contributions
27 952
-
61 202
-
national
14 364
-
58 774
-
regional
782
-
2 682
-
municipal
439
-
1 319
-
total
43 537
-
123 977
-
Employer
82 895
-
226 000
-
total
-
-
-
-
Corporate
143 105
226 000
-
-
municipal
5 581
8 815
-
-
nationa
34 346
54 241
-
-
total
39 927
63 056
-
-
Dividends
103 178
162 944
-
-
withholding
26 827
42 366
-
-
total
26 827
42 366
-
-
Income
226 000
226 000
226 000
226 000
Total tax
110 291
105 422
123 977
116 069
After tax
115 709
120 578
102 023
109 931
Living cost
39 358
39 358
39 358
39 358
Free-cash
76 351
81 220
62 665
70 573

Estimated living cost  is ₽39358 per week

₽27436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79848
₽121571
₽85550
₽118668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 596
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
73 325
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
119 868
Employee
30 845
-
199 796
-
health
788
-
3 174
-
pensions
2 057
-
8 303
-
unemployment
2 147
-
8 664
-
surtax
101
-
11 480
-
other
-
-
-
-
income
5 170
-
67 746
-
total
10 263
-
99 367
-
Employer
30 845
-
199 796
-
unemployment
977
-
3 945
-
health
1 404
-
5 664
-
pensions
4 112
-
16 594
-
other
-
-
-
-
total
6 493
-
26 203
-
Corporate
188 663
226 000
-
-
income
49 053
58 760
-
-
total
49 053
58 760
-
-
Dividends
139 610
167 240
-
-
withholding
20 941
25 087
-
-
total
20 941
25 087
-
-
Income
226 000
226 000
226 000
226 000
Total tax
86 750
83 847
125 570
119 868
After tax
139 250
142 153
100 430
106 132
Living cost
20 582
20 582
20 582
20 582
Free-cash
118 668
121 571
79 848
85 550

Estimated living cost  is ₽20582 per week

₽12585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
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.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽82287
₽98497
₽102409
₽104701
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
71 023
pensions
-
-
-
9 661
total
-
-
-
80 684
Employee
59 552
-
196 863
-
health
864
-
2 619
-
pensions
5 055
-
11 440
-
income
10 726
-
57 611
-
total
16 645
-
71 670
-
Employer
59 552
-
196 863
-
health
1 131
-
3 741
-
pensions
6 447
-
25 395
-
total
7 578
-
29 136
-
Corporate
158 870
226 000
-
-
income

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

30 185
42 940
-
-
total
30 185
42 940
-
-
Dividends
128 685
183 060
-
-
withholding
23 984
41 656
-
-
total
23 984
41 656
-
-
Income
226 000
226 000
226 000
226 000
Total tax
78 392
84 596
100 806
80 684
After tax
147 608
141 404
125 194
145 316
Living cost
42 907
42 907
42 907
42 907
Free-cash
104 701
98 497
82 287
102 409

Estimated living cost  is ₽42907 per week

₽32146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3216
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.
₽7096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽97122
₽29572
₽104892
₽61136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 382
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.

-
-
-
4 521
national
-
-
-
6 239
pensions
-
-
-
20 792
regional
-
-
-
12 895
health
-
-
-
508
total
-
-
-
47 337
Employee
86 331
-
203 641
-
health
195
-
459
-
pensions
7 253
-
15 588
-
unemployment
-
-
-
-
city
927
-
2 205
-
national
409
-
5 174
-
regional
2 827
-
11 560
-
total
11 611
-
34 986
-
Employer
86 331
-
203 641
-
unemployment
-
-
-
-
health
195
-
459
-
pensions
7 253
-
15 588
-
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.

1 726
-
4 074
-
total
9 174
-
20 121
-
Corporate
129 546
226 000
-
-
regional
27 399
47 800
-
-
national
11 012
19 210
-
-
total
38 411
67 010
-
-
Dividends
91 135
158 990
-
-
withholding
31 897
55 647
-
-
total
31 897
55 647
-
-
Income
226 000
226 000
226 000
226 000
Total tax
91 093
122 657
55 107
47 337
After tax
134 907
103 343
170 893
178 663
Living cost
73 771
73 771
73 771
73 771
Free-cash
61 136
29 572
97 122
104 892

Estimated living cost  is ₽73771 per week

₽47972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽95980
₽68831
₽64658
₽83955
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 218
trade
-
-
-
31 322
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.

-
-
-
76 701
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.

-
-
-
6 372
total
-
-
-
118 613
Employee

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

56 055
-
226 000
-
health

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

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

6 372
-
6 372
-
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.

363
-
4 218
-
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.

6 592
-
76 701
-
total
13 327
-
87 291
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 945
226 000
-
-
chamber of commerce
381
460
-
-
trade
29 145
38 758
-
-
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.

1 402
1 864
-
-
income
25 492
33 900
-
-
total
56 420
74 982
-
-
Dividends
113 525
151 018
-
-
withholding
28 027
37 401
-
-
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.

1 542
2 057
-
-
total
29 569
39 458
-
-
Income
226 000
226 000
226 000
226 000
Total tax
99 316
114 440
87 291
118 613
After tax
126 684
111 560
138 709
107 387
Living cost
42 729
42 729
42 729
42 729
Free-cash
83 955
68 831
95 980
64 658

Estimated living cost  is ₽42729 per week

₽31207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82709
₽81990
₽90358
₽87500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
7 006
social contributions
-
-
-
6 439
income
-
-
-
44 386
pensions
-
-
-
34 417
health
-
-
-
11 482
total
-
-
-
103 730
Employee
39 919
-
171 678
-
social contributions
1 138
-
4 891
-
pensions
4 514
-
13 279
-
surtax
-
-
-
-
income
2 356
-
38 887
-
total
8 008
-
57 057
-
Employer
39 919
-
171 678
-
unemployment
1 616
-
6 953
-
health
2 795
-
17 471
-
pensions
6 558
-
22 115
-
other
1 377
-
7 268
-
social contributions
120
-
515
-
total
12 466
-
54 322
-
Corporate
173 614
226 000
-
-
surtax
-
-
-
-
income
48 612
63 280
-
-
total
48 612
63 280
-
-
Dividends
125 002
162 720
-
-
withholding
16 001
20 828
-
-
surtax
-
-
-
-
social contributions
21 501
27 990
-
-
total
37 502
48 818
-
-
Income
226 000
226 000
226 000
226 000
Total tax
106 588
112 098
111 379
103 730
After tax
119 412
113 902
114 621
122 270
Living cost
31 912
31 912
31 912
31 912
Free-cash
87 500
81 990
82 709
90 358

Estimated living cost  is ₽31912 per week

₽20122
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.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85871
₽85152
₽93520
₽90335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
7 006
social contributions
-
-
-
6 439
income
-
-
-
44 386
pensions
-
-
-
34 417
health
-
-
-
11 482
total
-
-
-
103 730
Employee
35 634
-
171 678
-
social contributions
1 016
-
4 891
-
pensions
4 030
-
13 279
-
surtax
-
-
-
-
income
1 837
-
38 887
-
total
6 883
-
57 057
-
Employer
35 634
-
171 678
-
unemployment
1 443
-
6 953
-
health
2 494
-
17 471
-
pensions
5 855
-
22 115
-
other
1 230
-
7 268
-
social contributions
106
-
515
-
total
11 128
-
54 322
-
Corporate
179 238
226 000
-
-
surtax
-
-
-
-
income
50 188
63 280
-
-
total
50 188
63 280
-
-
Dividends
129 051
162 720
-
-
withholding
16 518
20 828
-
-
surtax
-
-
-
-
social contributions
22 198
27 990
-
-
total
38 716
48 818
-
-
Income
226 000
226 000
226 000
226 000
Total tax
106 915
112 098
111 379
103 730
After tax
119 085
113 902
114 621
122 270
Living cost
28 750
28 750
28 750
28 750
Free-cash
90 335
85 152
85 871
93 520

Estimated living cost  is ₽28750 per week

₽16674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118886
₽118100
₽125359
₽118587
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
social contributions
-
-
-
31 188
income
-
-
-
33 900
health
-
-
-
15 775
total
-
-
-
80 863
Employee
31 625
-
226 000
-
health
2 207
-
15 775
-
social contributions
4 365
-
31 188
-
income
5 275
-
40 373
-
total
11 847
-
87 336
-
Employer
31 625
-
226 000
-
total
-
-
-
-
Corporate
194 375
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%.

9 719
11 300
-
-
total
9 719
11 300
-
-
Dividends
184 656
214 700
-
-
withholding
27 697
32 206
-
-
health
12 889
14 987
-
-
social contributions
25 483
29 629
-
-
total
66 069
76 822
-
-
Income
226 000
226 000
226 000
226 000
Total tax
87 635
88 122
87 336
80 863
After tax
138 365
137 878
138 664
145 137
Living cost
19 778
19 778
19 778
19 778
Free-cash
118 587
118 100
118 886
125 359

Estimated living cost  is ₽19778 per week

₽13236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26023
₽91590
₽82647
₽90149
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
184
chamber of commerce
-
-
-
904
unemployment
-
-
-
5 721
income
-
-
-
75 184
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
110 487
Employee
46 614
37 171
188 642
-
health
1 804
1 439
4 216
-
pensions
4 774
3 806
11 158
-
unemployment
1 398
1 115
3 269
-
other
466
372
1 090
-
income
5 307
2 742
63 744
-
total
13 749
9 474
83 477
-
Employer
46 614
37 171
188 642
-
unemployment
1 398
1 115
3 269
-
payroll
1 398
1 115
5 659
-
accident
605
483
1 416
-
health
1 761
1 405
4 119
-
pensions
5 850
4 666
13 675
-
other
2 214
1 765
8 282
-
surtax
184
184
184
-
chamber of commerce
186
149
754
-
total
13 596
10 882
37 358
-
Corporate
165 789
177 947
185 102
-
income

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

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

41 447
44 486
46 276
-
total
41 447
44 486
46 276
-
Dividends
124 342
133 461
-
-
withholding
34 193
36 702
-
-
total
34 193
36 702
-
-
Income
226 000
226 000
226 000
226 000
Total tax
102 985
101 544
167 111
110 487
After tax
123 015
124 456
58 889
115 513
Living cost
32 866
32 866
32 866
32 866
Free-cash
90 149
91 590
26 023
82 647

Estimated living cost  is ₽32866 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42116
₽89108
₽64369
₽78268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
social contributions
-
-
-
23 254
communal

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

-
-
-
12 165
national
-
-
-
92 203
total
-
-
-
127 622
Employee

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

66 719
-
175 044
-
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.

3 135
-
8 227
-
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.

5 004
-
13 128
-
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.

581
-
1 522
-
national
20 512
-
66 913
-
communal

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

3 480
-
9 130
-
total
32 712
-
98 920
-
Employer

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

66 719
-
175 044
-
unemployment

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

974
-
2 556
-
accident

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

867
-
2 276
-
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.

4 103
-
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.

5 912
-
15 509
-
surtax
7 565
-
19 849
-
total
19 421
-
50 955
-
Corporate
139 860
226 000
-
-
surtax
559
993
-
-
income
27 972
49 610
-
-
total
28 531
50 603
-
-
Dividends
111 329
175 397
-
-
withholding

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

33 059
52 280
-
-
total
33 059
52 280
-
-
Income
226 000
226 000
226 000
226 000
Total tax
113 723
102 883
149 875
127 622
After tax
112 277
123 117
76 125
98 378
Living cost
34 009
34 009
34 009
34 009
Free-cash
78 268
89 108
42 116
64 369

Estimated living cost  is ₽34009 per week

₽21906
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.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88540
₽116214
₽92454
₽109826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
73 925
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
99 861
Employee
46 429
-
198 439
-
pensions
2 182
-
4 064
-
unemployment
720
-
1 340
-
other
46
-
87
-
income
9 796
-
70 723
-
total
12 744
-
76 214
-
Employer
46 429
-
198 439
-
unemployment
2 554
-
4 754
-
accident
919
-
1 712
-
pensions
10 957
-
20 403
-
other
370
-
692
-
total
14 800
-
27 561
-
Corporate
164 772
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.

24 715
33 900
-
-
total
24 715
33 900
-
-
Dividends
140 057
192 100
-
-
withholding
30 230
42 201
-
-
total
30 230
42 201
-
-
Income
226 000
226 000
226 000
226 000
Total tax
82 489
76 101
103 775
99 861
After tax
143 511
149 899
122 225
126 139
Living cost
33 685
33 685
33 685
33 685
Free-cash
109 826
116 214
88 540
92 454

Estimated living cost  is ₽33685 per week

₽24805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63150
₽75880
₽54675
₽63054
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 273
income
-
-
-
44 413
communal
-
-
-
14 282
pensions
-
-
-
33 225
accident
-
-
-
1 869
health
-
-
-
15 575
total
-
-
-
120 637
Employee
70 635
-
201 878
-
health
3 144
-
8 983
-
pensions
5 650
-
16 150
-
surtax
4 329
-
12 373
-
income
6 823
-
50 534
-
total
19 946
-
88 040
-
Employer
70 635
-
201 878
-
accident
635
-
1 816
-
health
2 154
-
6 156
-
pensions
5 650
-
16 150
-
total
8 439
-
24 122
-
Corporate
146 926
226 000
-
-
communal
9 917
15 254
-
-
surtax
1 543
2 374
-
-
income
22 039
33 900
-
-
total
33 499
51 528
-
-
Dividends
113 426
174 473
-
-
withholding
17 014
26 172
-
-
income
33 360
21 732
-
-
total
50 374
47 904
-
-
Income
226 000
226 000
226 000
226 000
Total tax
112 258
99 432
112 162
120 637
After tax
113 742
126 568
113 838
105 363
Living cost
50 688
50 688
50 688
50 688
Free-cash
63 054
75 880
63 150
54 675

Estimated living cost  is ₽50688 per week

₽38024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79480
₽121203
₽85182
₽118236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 596
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
73 325
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
119 868
Employee
31 411
-
199 796
-
health
802
-
3 174
-
pensions
2 096
-
8 303
-
unemployment
2 186
-
8 664
-
surtax
112
-
11 480
-
other
-
-
-
-
income
5 266
-
67 746
-
total
10 462
-
99 367
-
Employer
31 411
-
199 796
-
unemployment
997
-
3 945
-
health
1 428
-
5 664
-
pensions
4 188
-
16 594
-
other
-
-
-
-
total
6 613
-
26 203
-
Corporate
187 976
226 000
-
-
income
48 874
58 760
-
-
total
48 874
58 760
-
-
Dividends
139 102
167 240
-
-
withholding
20 865
25 087
-
-
total
20 865
25 087
-
-
Income
226 000
226 000
226 000
226 000
Total tax
86 814
83 847
125 570
119 868
After tax
139 186
142 153
100 430
106 132
Living cost
20 950
20 950
20 950
20 950
Free-cash
118 236
121 203
79 480
85 182

Estimated living cost  is ₽20950 per week

₽12649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
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.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76233
₽93663
₽84100
₽91593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
municipal
-
-
-
1 434
social contributions
-
-
-
46 683
national
-
-
-
65 017
regional
-
-
-
3 640
total
-
-
-
116 774
Employee
51 740
-
226 000
-
social contributions
17 447
-
61 202
-
national
8 197
-
58 774
-
regional
697
-
3 346
-
municipal
274
-
1 319
-
total
26 615
-
124 641
-
Employer
51 740
-
226 000
-
total
-
-
-
-
Corporate
174 260
226 000
-
-
municipal
8 661
11 233
-
-
nationa
41 822
54 241
-
-
total
50 483
65 474
-
-
Dividends
123 777
160 526
-
-
withholding
32 183
41 737
-
-
total
32 183
41 737
-
-
Income
226 000
226 000
226 000
226 000
Total tax
109 281
107 211
124 641
116 774
After tax
116 719
118 789
101 359
109 226
Living cost
25 126
25 126
25 126
25 126
Free-cash
91 593
93 663
76 233
84 100

Estimated living cost  is ₽25126 per week

₽15626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96594
₽127516
₽106678
₽117496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
3 527
social contributions
-
-
-
32 796
income
-
-
-
24 404
health
-
-
-
30 510
total
-
-
-
91 237
Employee
41 301
-
181 579
-
health
5 576
-
24 513
-
social contributions
2 685
-
7 300
-
solidarity contribution
-
-
2 622
-
income
4 956
-
22 465
-
total
13 217
-
56 900
-
Employer
41 301
-
181 579
-
health
3 717
-
16 342
-
social contributions
10 325
-
28 079
-
total
14 042
-
44 421
-
Corporate
170 656
226 000
-
-
income
32 425
42 940
-
-
total
32 425
42 940
-
-
Dividends
138 232
183 060
-
-
withholding
20 735
27 459
-
-
total
20 735
27 459
-
-
Income
226 000
226 000
226 000
226 000
Total tax
80 419
70 399
101 321
91 237
After tax
145 581
155 601
124 679
134 763
Living cost
28 085
28 085
28 085
28 085
Free-cash
117 496
127 516
96 594
106 678

Estimated living cost  is ₽28085 per week

₽20886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29175
₽94798
₽85940
₽94339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
chamber of commerce
-
-
-
904
unemployment
-
-
-
5 721
income
-
-
-
75 184
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
110 303
Employee
40 772
37 171
188 812
-
health
1 577
1 439
4 216
-
pensions
4 176
3 806
11 158
-
unemployment
1 223
1 115
3 269
-
other
407
372
1 090
-
income
3 632
2 742
63 829
-
total
11 015
9 474
83 562
-
Employer
40 772
37 171
188 812
-
unemployment
1 223
1 115
3 269
-
payroll
1 223
1 115
5 664
-
accident
529
483
1 416
-
health
1 542
1 405
4 119
-
pensions
5 117
4 666
13 675
-
other
1 936
1 765
8 289
-
surtax
-
-
-
-
chamber of commerce
163
149
756
-
total
11 733
10 698
37 188
-
Corporate
173 494
178 131
185 272
-
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.

43 373
44 532
46 318
-
total
43 373
44 532
46 318
-
Dividends
130 121
133 599
-
-
withholding
35 783
36 741
-
-
total
35 783
36 741
-
-
Income
226 000
226 000
226 000
226 000
Total tax
101 904
101 445
167 068
110 303
After tax
124 096
124 555
58 932
115 697
Living cost
29 757
29 757
29 757
29 757
Free-cash
94 339
94 798
29 175
85 940

Estimated living cost  is ₽29757 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169028
₽202928
₽211968
₽200721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 715
-
226 000
-
income
2 943
-
45 200
-
total
2 943
-
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%.

211 285
226 000
-
-
total
-
-
-
-
Dividends
211 285
226 000
-
-
withholding
10 564
11 300
-
-
total
10 564
11 300
-
-
Income
226 000
226 000
226 000
226 000
Total tax
13 507
11 300
45 200
2 260
After tax
212 493
214 700
180 800
223 740
Living cost
11 772
11 772
11 772
11 772
Free-cash
200 721
202 928
169 028
211 968

Estimated living cost  is ₽11772 per week

₽7966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73296
₽130584
₽78198
₽122781
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
340
income
-
-
-
58 931
pensions
-
-
-
41 274
health
-
-
-
22 239
total
-
-
-
122 784
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.

41 246
-
195 552
-
health
2 664
-
12 631
-
pensions
6 393
-
30 310
-
unemployment
58
-
274
-
income
7 113
-
54 026
-
total
16 228
-
97 241
-
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.

41 246
-
195 552
-
unemployment
25
-
117
-
health
2 747
-
13 022
-
pensions
3 650
-
17 306
-
total
6 422
-
30 445
-
Corporate
178 333
226 000
-
-
income
33 884
42 939
-
-
total
33 884
42 939
-
-
Dividends
144 449
183 061
-
-
withholding
21 667
27 459
-
-
total
21 667
27 459
-
-
Income
226 000
226 000
226 000
226 000
Total tax
78 201
70 398
127 686
122 784
After tax
147 799
155 602
98 314
103 216
Living cost
25 018
25 018
25 018
25 018
Free-cash
122 781
130 584
73 296
78 198

Estimated living cost  is ₽25018 per week

₽17169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173793
₽97489
₽116175
₽53384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
social contributions
-
-
-
25 764
income
-
-
-
44 052
total
-
-
-
69 816
Employee
57 367
-
-
-
social contributions
4 704
-
670
-
income
12 654
-
-
-
total
17 358
-
670
-
Employer
57 367
-
-
-
social contributions
80 888
-
11 528
-
total
80 888
-
11 528
-
Corporate
87 745
226 000
-
-
income
19 304
49 720
-
-
total
19 304
49 720
-
-
Dividends
68 441
176 280
-
-
income
15 057
38 782
-
-
total
15 057
38 782
-
-
Income
226 000
226 000
226 000
226 000
Total tax
132 607
88 502
12 198
69 816
After tax
93 393
137 498
213 802
156 184
Living cost
40 009
40 009
40 009
40 009
Free-cash
53 384
97 489
173 793
116 175

Estimated living cost  is ₽40009 per week

₽25959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69565
₽99292
₽87817
₽98352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
social contributions

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

-
-
-
78 535
income
-
-
-
30 391
total
-
-
-
108 926
Employee
42 898
-
182 625
-
social contributions
4 719
-
20 088
-
surtax
-
-
524
-
income
8 923
-
63 193
-
total
13 642
-
83 805
-
Employer
42 898
-
182 625
-
social contributions
10 188
-
43 373
-
total
10 188
-
43 373
-
Corporate
172 913
226 000
-
-
surtax
-
-
-
-
income
36 312
47 460
-
-
total
36 312
47 460
-
-
Dividends
136 601
178 540
-
-
withholding
38 249
49 991
-
-
total
38 249
49 991
-
-
Income
226 000
226 000
226 000
226 000
Total tax
98 391
97 451
127 178
108 926
After tax
127 609
128 549
98 822
117 074
Living cost
29 257
29 257
29 257
29 257
Free-cash
98 352
99 292
69 565
87 817

Estimated living cost  is ₽29257 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69571
₽68852
₽77220
₽75265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
other
-
-
-
7 006
social contributions
-
-
-
6 439
income
-
-
-
44 386
pensions
-
-
-
34 417
health
-
-
-
11 482
total
-
-
-
103 730
Employee
58 419
-
171 678
-
social contributions
1 664
-
4 891
-
pensions
6 608
-
13 279
-
surtax
-
-
-
-
income
5 097
-
38 887
-
total
13 369
-
57 057
-
Employer
58 419
-
171 678
-
unemployment
2 367
-
6 953
-
health
4 089
-
17 471
-
pensions
9 599
-
22 115
-
other
2 016
-
7 268
-
social contributions
175
-
515
-
total
18 246
-
54 322
-
Corporate
149 336
226 000
-
-
surtax
-
-
-
-
income
41 813
63 280
-
-
total
41 813
63 280
-
-
Dividends
107 522
162 720
-
-
withholding
13 762
20 828
-
-
surtax
-
-
-
-
social contributions
18 495
27 990
-
-
total
32 257
48 818
-
-
Income
226 000
226 000
226 000
226 000
Total tax
105 685
112 098
111 379
103 730
After tax
120 315
113 902
114 621
122 270
Living cost
45 050
45 050
45 050
45 050
Free-cash
75 265
68 852
69 571
77 220

Estimated living cost  is ₽45050 per week

₽30489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142285
₽175362
₽136278
₽172229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 964
social contributions
-
-
-
49 720
total
-
-
-
61 684
Employee
29 986
-
195 670
-
social contributions
1 949
-
12 718
-
income
-
-
12 631
-
total
1 949
-
25 349
-
Employer
29 986
-
195 670
-
social contributions
4 648
-
30 328
-
total
4 648
-
30 328
-
Corporate
191 366
226 000
-
-
income
19 136
22 600
-
-
total
19 136
22 600
-
-
Dividends
172 230
203 400
-
-
total
-
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
25 733
22 600
55 677
61 684
After tax
200 267
203 400
170 323
164 316
Living cost
28 038
28 038
28 038
28 038
Free-cash
172 229
175 362
142 285
136 278

Estimated living cost  is ₽28038 per week

₽18129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22774
₽22774
₽84804
₽12224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
municipal
-
-
-
48 909
labour market
-
-
-
18 015
national
-
-
-
28 542
pensions
-
-
-
809
total
-
-
-
96 275
Employee
189 602
189 602
189 602
-
pensions
270
270
270
-
national
23 163
23 163
23 163
-
labour market
15 147
15 147
15 147
-
municipal
40 375
40 375
40 375
-
total
78 955
78 955
78 955
-
Employer
189 602
189 602
189 602
-
pensions
539
539
539
-
national
23 204
23 204
23 204
-
labour market
15 168
15 168
15 168
-
municipal
40 439
40 439
40 439
-
total
79 350
79 350
79 350
-
Corporate
22 775
-
-
-
income
5 011
-
-
-
total
5 011
-
-
-
Dividends
17 764
-
-
-
withholding
5 539
-
-
-
total
5 539
-
-
-
Income
226 000
226 000
226 000
226 000
Total tax
168 855
158 305
158 305
96 275
After tax
57 145
67 695
67 695
129 725
Living cost
44 921
44 921
44 921
44 921
Free-cash
12 224
22 774
22 774
84 804

Estimated living cost  is ₽44921 per week

₽30745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽691
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104318
-₽2216
₽133759
₽15157
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
other
-
-
-
351
income
-
-
-
65 125
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
71 719
Employee
32 282
-
207 039
-
health
3 697
-
23 706
-
pensions
3 635
-
7 223
-
income
4 429
-
51 270
-
total
11 761
-
82 199
-
Employer
32 282
-
207 039
-
unemployment
791
-
5 073
-
accident
539
-
3 457
-
pensions
5 249
-
10 431
-
total
6 579
-
18 961
-
Corporate
187 138
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.

168 425
203 400
-
-
total
168 425
203 400
-
-
Dividends
18 714
22 600
-
-
withholding
3 556
4 294
-
-
total
3 556
4 294
-
-
Income
226 000
226 000
226 000
226 000
Total tax
190 321
207 694
101 160
71 719
After tax
35 679
18 306
124 840
154 281
Living cost
20 522
20 522
20 522
20 522
Free-cash
15 157
-2 216
104 318
133 759

Estimated living cost  is ₽20522 per week

₽14938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75108
₽101882
₽100993
₽104855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
40 123
national
-
-
-
45 984
health
-
-
-
3 090
total
-
-
-
89 197
Employee
49 073
-
190 125
-
health
366
-
2 538
-
pensions
3 312
-
12 833
-
unemployment
736
-
2 852
-
national
811
-
30 043
-
municipal
8 038
-
30 942
-
total
13 263
-
79 208
-
Employer
49 073
-
190 125
-
unemployment
319
-
1 235
-
accident
50
-
189
-
health
377
-
1 464
-
pensions
8 514
-
32 986
-
total
9 260
-
35 874
-
Corporate
167 668
226 000
-
-
income
33 533
45 200
-
-
total
33 533
45 200
-
-
Dividends

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

100 601
135 600
-
-
national
11 172
18 699
-
-
municipal
18 107
24 409
-
-
total
29 279
43 108
-
-
Income
226 000
226 000
226 000
226 000
Total tax
85 335
88 308
115 082
89 197
After tax
140 665
137 692
110 918
136 803
Living cost
35 810
35 810
35 810
35 810
Free-cash
104 855
101 882
75 108
100 993

Estimated living cost  is ₽35810 per week

₽23391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127966
₽143072
₽129786
₽137996
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
social contributions
-
-
-
15 091
income
-
-
-
53 765
health
-
-
-
5 763
total
-
-
-
74 619
Employee
71 723
71 723
214 012
-
health
556
1 220
3 637
-
social contributions
2 712
5 953
8 029
-
income
7 809
6 639
52 784
-
total
11 077
13 812
64 450
-
Employer
71 723
71 723
214 012
-
health
604
1 328
3 960
-
social contributions
2 712
5 953
8 029
-
total
3 316
7 281
11 989
-
Corporate
190 013
146 997
-
-
income
23 752
18 375
-
-
total
23 752
18 375
-
-
Dividends
166 260
128 623
-
-
withholding
28 264
21 865
-
-
total
28 264
21 865
-
-
Income
226 000
226 000
226 000
226 000
Total tax
66 409
61 333
76 439
74 619
After tax
159 591
164 667
149 561
151 381
Living cost
21 595
21 595
21 595
21 595
Free-cash
137 996
143 072
127 966
129 786

Estimated living cost  is ₽21595 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159642
₽172343
₽178353
₽167597
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
23 503
pensions
-
-
-
5 933
health
-
-
-
3 375
total
-
-
-
32 838
Employee

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

21 409
-
216 884
-
health
1 820
-
7 523
-
pensions
3 211
-
13 275
-
unemployment
106
-
443
-
income
1 464
-
21 191
-
total
6 601
-
42 432
-
Employer

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

21 409
-
216 884
-
unemployment
106
-
443
-
health
920
-
3 806
-
pensions
1 177
-
4 868
-
total
2 203
-
9 117
-
Corporate
202 387
226 000
-
-
income
18 215
20 339
-
-
total
18 215
20 339
-
-
Dividends
184 172
205 661
-
-
withholding
16 575
18 509
-
-
total
16 575
18 509
-
-
Income
226 000
226 000
226 000
226 000
Total tax
43 594
38 848
51 549
32 838
After tax
182 406
187 152
174 451
193 162
Living cost
14 809
14 809
14 809
14 809
Free-cash
167 597
172 343
159 642
178 353

Estimated living cost  is ₽14809 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96576
₽124250
₽100490
₽120131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
73 925
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
99 861
Employee
34 489
-
198 439
-
pensions
1 621
-
4 064
-
unemployment
535
-
1 340
-
other
34
-
87
-
income
6 649
-
70 723
-
total
8 839
-
76 214
-
Employer
34 489
-
198 439
-
unemployment
1 897
-
4 754
-
accident
683
-
1 712
-
pensions
8 139
-
20 403
-
other
276
-
692
-
total
10 995
-
27 561
-
Corporate
180 516
226 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

27 078
33 900
-
-
total
27 078
33 900
-
-
Dividends
153 438
192 100
-
-
withholding
33 308
42 201
-
-
total
33 308
42 201
-
-
Income
226 000
226 000
226 000
226 000
Total tax
80 220
76 101
103 775
99 861
After tax
145 780
149 899
122 225
126 139
Living cost
25 649
25 649
25 649
25 649
Free-cash
120 131
124 250
96 576
100 490

Estimated living cost  is ₽25649 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143751
₽139125
₽143886
₽138813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
77 826
pensions
-
-
-
1 385
health
-
-
-
1 004
total
-
-
-
80 215
Employee
2 893
-
224 441
-
health
145
-
346
-
pensions
260
-
623
-
unemployment
29
-
69
-
income
560
-
77 753
-
total
994
-
78 791
-
Employer
2 893
-
224 441
-
unemployment
58
-
139
-
health
275
-
658
-
pensions
318
-
762
-
total
651
-
1 559
-
Corporate
222 456
226 000
-
-
income
48 940
49 720
-
-
total
48 940
49 720
-
-
Dividends
173 516
176 280
-
-
withholding
34 703
35 256
-
-
total
34 703
35 256
-
-
Income
226 000
226 000
226 000
226 000
Total tax
85 288
84 976
80 350
80 215
After tax
140 712
141 024
145 650
145 785
Living cost
1 899
1 899
1 899
1 899
Free-cash
138 813
139 125
143 751
143 886

Estimated living cost  is ₽1899 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131203
₽147152
₽131204
₽142563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 034
income
-
-
-
52 603
pensions
-
-
-
17 925
health
-
-
-
7 101
total
-
-
-
78 663
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.

24 328
-
213 659
-
health
1 253
-
3 551
-
pensions
3 406
-
9 652
-
unemployment
182
-
517
-
income
3 353
-
52 603
-
total
8 194
-
66 323
-
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.

24 328
-
213 659
-
unemployment
182
-
517
-
health
1 253
-
3 551
-
pensions
2 919
-
8 273
-
total
4 354
-
12 341
-
Corporate
197 317
226 000
-
-
income
29 598
33 900
-
-
total
29 598
33 900
-
-
Dividends
167 720
192 100
-
-
withholding
25 158
28 815
-
-
total
25 158
28 815
-
-
Income
226 000
226 000
226 000
226 000
Total tax
67 304
62 715
78 664
78 663
After tax
158 696
163 285
147 336
147 337
Living cost
16 133
16 133
16 133
16 133
Free-cash
142 563
147 152
131 203
131 204

Estimated living cost  is ₽16133 per week

₽10863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73676
₽103403
₽91928
₽103066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
social contributions

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

-
-
-
78 535
income
-
-
-
30 391
total
-
-
-
108 926
Employee
36 201
-
182 625
-
social contributions
3 983
-
20 088
-
surtax
-
-
524
-
income
7 074
-
63 193
-
total
11 057
-
83 805
-
Employer
36 201
-
182 625
-
social contributions
8 597
-
43 373
-
total
8 597
-
43 373
-
Corporate
181 202
226 000
-
-
surtax
-
-
-
-
income
38 052
47 460
-
-
total
38 052
47 460
-
-
Dividends
143 149
178 540
-
-
withholding
40 082
49 991
-
-
total
40 082
49 991
-
-
Income
226 000
226 000
226 000
226 000
Total tax
97 788
97 451
127 178
108 926
After tax
128 212
128 549
98 822
117 074
Living cost
25 146
25 146
25 146
25 146
Free-cash
103 066
103 403
73 676
91 928

Estimated living cost  is ₽25146 per week

₽17810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
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.
₽5144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89445
₽117119
₽93359
₽111016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
73 925
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
99 861
Employee
45 047
-
198 439
-
pensions
2 117
-
4 064
-
unemployment
697
-
1 340
-
other
44
-
87
-
income
9 409
-
70 723
-
total
12 267
-
76 214
-
Employer
45 047
-
198 439
-
unemployment
2 478
-
4 754
-
accident
892
-
1 712
-
pensions
10 631
-
20 403
-
other
361
-
692
-
total
14 362
-
27 561
-
Corporate
166 591
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.

24 989
33 900
-
-
total
24 989
33 900
-
-
Dividends
141 602
192 100
-
-
withholding
30 586
42 201
-
-
total
30 586
42 201
-
-
Income
226 000
226 000
226 000
226 000
Total tax
82 204
76 101
103 775
99 861
After tax
143 796
149 899
122 225
126 139
Living cost
32 780
32 780
32 780
32 780
Free-cash
111 016
117 119
89 445
93 359

Estimated living cost  is ₽32780 per week

₽23541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176872
₽177178
₽167346
₽171490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
130
income
-
-
-
33 900
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
42 602
Employee
21 255
-
219 605
-
health
978
-
1 499
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
21 960
-
total
5 204
-
26 680
-
Employer
21 255
-
219 605
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 467
-
2 249
-
pensions

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

2 342
-
3 592
-
total
4 171
-
6 396
-
Corporate
200 575
226 000
-
-
income
20 057
22 600
-
-
total
20 057
22 600
-
-
Dividends
180 517
203 400
-
-
withholding
9 026
10 170
-
-
total
9 026
10 170
-
-
Income
226 000
226 000
226 000
226 000
Total tax
38 458
32 770
33 076
42 602
After tax
187 542
193 230
192 924
183 398
Living cost
16 052
16 052
16 052
16 052
Free-cash
171 490
177 178
176 872
167 346

Estimated living cost  is ₽16052 per week

₽10617
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.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102699
₽80198
₽76490
₽92401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 218
trade
-
-
-
26 209
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.

-
-
-
76 701
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.

-
-
-
6 372
total
-
-
-
113 500
Employee

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

46 409
-
226 000
-
health

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

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

6 372
-
6 372
-
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.

211
-
4 218
-
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.

3 816
-
76 701
-
total
10 399
-
87 291
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 591
226 000
-
-
chamber of commerce
405
473
-
-
trade
25 772
32 431
-
-
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.

1 482
1 864
-
-
income
26 938
33 900
-
-
total
54 597
68 668
-
-
Dividends
124 994
157 333
-
-
withholding
30 894
38 980
-
-
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.

1 699
2 144
-
-
total
32 593
41 124
-
-
Income
226 000
226 000
226 000
226 000
Total tax
97 589
109 792
87 291
113 500
After tax
128 411
116 208
138 709
112 500
Living cost
36 010
36 010
36 010
36 010
Free-cash
92 401
80 198
102 699
76 490

Estimated living cost  is ₽36010 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
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.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58749
₽105068
₽58749
₽107127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 984
social contributions
-
-
-
39 135
total
-
-
-
114 119
Employee
72 960
-
226 000
-
social contributions
6 061
-
39 135
-
income
13 767
-
74 984
-
total
19 828
-
114 119
-
Employer
72 960
-
226 000
-
total
-
-
-
-
Corporate
153 040
226 000
-
-
income
19 131
28 250
-
-
total
19 131
28 250
-
-
Dividends
133 909
197 750
-
-
withholding
26 782
39 550
-
-
total
26 782
39 550
-
-
Income
226 000
226 000
226 000
226 000
Total tax
65 741
67 800
114 119
114 119
After tax
160 259
158 200
111 881
111 881
Living cost
53 132
53 132
53 132
53 132
Free-cash
107 127
105 068
58 749
58 749

Estimated living cost  is ₽53132 per week

₽40422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123066
₽108115
₽152560
₽111373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
5 682
total
-
-
-
39 582
Employee
42 788
-
221 709
-
social contributions
4 287
-
4 291
-
income
4 643
-
60 494
-
total
8 930
-
64 785
-
Employer
42 788
-
221 709
-
social contributions
4 287
-
4 291
-
total
4 287
-
4 291
-
Corporate
178 925
226 000
-
-
income
62 624
79 099
-
-
total
62 624
79 099
-
-
Dividends
116 301
146 901
-
-
social contributions
4 928
4 928
-
-
total
4 928
4 928
-
-
Income
226 000
226 000
226 000
226 000
Total tax
80 769
84 027
69 076
39 582
After tax
145 231
141 973
156 924
186 418
Living cost
33 858
33 858
33 858
33 858
Free-cash
111 373
108 115
123 066
152 560

Estimated living cost  is ₽33858 per week

₽22302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90312
₽106522
₽110434
₽112082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
income
-
-
-
71 023
pensions
-
-
-
9 661
total
-
-
-
80 684
Employee
47 881
-
196 863
-
health
625
-
2 619
-
pensions
3 654
-
11 440
-
income
8 719
-
57 611
-
total
12 998
-
71 670
-
Employer
47 881
-
196 863
-
health
910
-
3 741
-
pensions
4 837
-
25 395
-
total
5 747
-
29 136
-
Corporate
172 372
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.

32 752
42 940
-
-
total
32 752
42 940
-
-
Dividends
139 620
183 060
-
-
withholding
27 539
41 656
-
-
total
27 539
41 656
-
-
Income
226 000
226 000
226 000
226 000
Total tax
79 036
84 596
100 806
80 684
After tax
146 964
141 404
125 194
145 316
Living cost
34 882
34 882
34 882
34 882
Free-cash
112 082
106 522
90 312
110 434

Estimated living cost  is ₽34882 per week

₽23929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽102286
-₽4248
₽131727
₽14847
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
other
-
-
-
351
income
-
-
-
65 125
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
71 719
Employee
35 478
-
207 039
-
health
4 062
-
23 706
-
pensions
3 995
-
7 223
-
income
4 867
-
51 270
-
total
12 924
-
82 199
-
Employer
35 478
-
207 039
-
unemployment
869
-
5 073
-
accident
592
-
3 457
-
pensions
5 768
-
10 431
-
total
7 229
-
18 961
-
Corporate
183 292
226 000
-
-
income

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

164 963
203 400
-
-
total
164 963
203 400
-
-
Dividends
18 329
22 600
-
-
withholding
3 483
4 294
-
-
total
3 483
4 294
-
-
Income
226 000
226 000
226 000
226 000
Total tax
188 599
207 694
101 160
71 719
After tax
37 401
18 306
124 840
154 281
Living cost
22 554
22 554
22 554
22 554
Free-cash
14 847
-4 248
102 286
131 727

Estimated living cost  is ₽22554 per week

₽16552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
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.
₽4233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154676
₽160283
₽134152
₽157458
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 791
health insurance
-
-
-
11 046
income
-
-
-
38 193
pensions
-
-
-
27 465
work injury
-
-
-
746
total
-
-
-
79 241
Employee

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

20 172
-
226 000
-
pensions
3 712
-
13 732
-
unemployment
242
-
896
-
work injury
101
-
373
-
health insurance
1 493
-
5 523
-
income
2 017
-
38 193
-
total
7 565
-
58 717
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
205 828
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%.

20 583
22 600
-
-
total
20 583
22 600
-
-
Dividends
185 246
203 400
-
-
withholding
27 787
30 510
-
-
total
27 787
30 510
-
-
Income
226 000
226 000
226 000
226 000
Total tax
55 935
53 110
58 717
79 241
After tax
170 065
172 890
167 283
146 759
Living cost
12 607
12 607
12 607
12 607
Free-cash
157 458
160 283
154 676
134 152

Estimated living cost  is ₽12607 per week

₽7810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62207
₽81882
₽69868
₽77640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
226 000
municipal
-
-
-
1 614
social contributions
-
-
-
46 683
national
-
-
-
65 017
regional
-
-
-
5 660
total
-
-
-
118 974
Employee
78 598
-
226 000
-
social contributions
26 503
-
61 202
-
national
13 282
-
58 774
-
regional
1 187
-
5 176
-
municipal
469
-
1 483
-
total
41 441
-
126 635
-
Employer
78 598
-
226 000
-
total
-
-
-
-
Corporate
147 402
226 000
-
-
municipal
7 105
10 893
-
-
nationa
35 376
54 241
-
-
total
42 481
65 134
-
-
Dividends
104 921
160 866
-
-
withholding
27 280
41 826
-
-
total
27 280
41 826
-
-
Income
226 000
226 000
226 000
226 000
Total tax
111 202
106 960
126 635
118 974
After tax
114 798
119 040
99 365
107 026
Living cost
37 158
37 158
37 158
37 158
Free-cash
77 640
81 882
62 207
69 868

Estimated living cost  is ₽37158 per week

₽26101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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