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
₽ 227000
per

Your estimated
City
free-cash

Dresden , Germany
₽83630
₽94870
₽81323
₽109634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 000
trade
-
-
-
28 311
income

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

-
-
-
75 489
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.

-
-
-
6 943
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.

-
-
-
4 152
total
-
-
-
114 895
Employee

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

38 870
-
227 000
-
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.

6 943
-
6 943
-
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.

60
-
4 152
-
income

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

1 086
-
75 489
-
total
8 089
-
86 584
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
188 130
227 000
-
-
surtax

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

1 552
1 873
-
-
income
28 220
34 050
-
-
trade
29 630
35 753
-
-
chamber of commerce
424
480
-
-
total
59 826
72 156
-
-
Dividends
128 303
154 844
-
-
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.

1 743
2 108
-
-
withholding
31 690
38 324
-
-
total
33 433
40 432
-
-
Income
227 000
227 000
227 000
227 000
Total tax
101 348
112 588
86 584
114 895
After tax
125 652
114 412
140 416
112 105
Living cost
30 782
30 782
30 782
30 782
Free-cash
94 870
83 630
109 634
81 323

Estimated living cost  is ₽30782 per week

₽19363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90373
₽89521
₽78077
₽79296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
municipal
-
-
-
25 214
pensions
-
-
-
27 240
national
-
-
-
42 754
social contributions
-
-
-
2 440
total
-
-
-
97 648
Employee
79 485
-
196 239
-
municipal
9 818
-
26 092
-
pensions
3 179
-
7 850
-
national
15 213
-
44 678
-
total
28 210
-
78 620
-
Employer
79 485
-
196 239
-
social contributions
854
-
2 110
-
pensions
6 359
-
15 699
-
total
7 213
-
17 809
-
Corporate
135 055
227 000
-
-
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%.

27 011
45 400
-
-
total
27 011
45 400
-
-
Dividends
108 044
181 600
-
-
withholding
23 770
39 952
-
-
total
23 770
39 952
-
-
Income
227 000
227 000
227 000
227 000
Total tax
86 204
85 352
96 429
97 648
After tax
140 796
141 648
130 571
129 352
Living cost
51 275
51 275
51 275
51 275
Free-cash
89 521
90 373
79 296
78 077

Estimated living cost  is ₽51275 per week

₽34851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160458
₽152120
₽61314
₽77466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 000
microenterprise
-
-
-
-
income
-
-
-
47 722
surtax
-
-
-
57 885
social contributions

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

-
-
-
38 937
total
-
-
-
144 544
Employee
29 696
-
178 219
-
social contributions

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

3 267
-
13 322
-
surtax
-
-
25 842
-
income
5 286
-
40 447
-
total
8 553
-
79 611
-
Employer
29 696
-
178 219
-
social contributions

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

7 153
-
29 177
-
surtax
-
-
19 604
-
total
7 153
-
48 781
-
Corporate
190 151
227 000
-
-
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%.

38 031
45 400
-
-
total
38 031
45 400
-
-
Dividends

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

152 121
181 600
-
-
total
-
-
-
-
Income
227 000
227 000
227 000
227 000
Total tax
53 737
45 400
128 392
144 544
After tax
173 263
181 600
98 608
82 456
Living cost
21 142
21 142
21 142
21 142
Free-cash
152 120
160 458
77 466
61 314

Estimated living cost  is ₽21142 per week

₽13488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70530
₽64306
₽79410
₽102607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
80 578
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
105 017
Employee
86 784
86 784
208 114
-
health
13 320
11 330
12 532
-
income

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

14 205
14 205
38 495
-
pensions
15 621
11 907
11 907
-
total
43 146
37 442
62 934
-
Employer
86 784
86 784
208 114
-
unemployment
3 124
3 124
3 882
-
pensions
6 040
6 040
7 508
-
health
6 032
6 032
7 496
-
total
15 196
15 196
18 886
-
Corporate
126 083
125 019
-
-
income
25 216
25 004
-
-
total
25 216
25 004
-
-
Dividends
100 868
100 015
-
-
income
21 434
21 253
-
-
withholding
15 129
15 002
-
-
total
36 563
36 255
-
-
Income
227 000
227 000
227 000
227 000
Total tax
120 121
113 897
81 820
105 017
After tax
106 879
113 103
145 180
121 983
Living cost
42 573
42 573
42 573
42 573
Free-cash
64 306
70 530
102 607
79 410

Estimated living cost  is ₽42573 per week

₽30170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84785
₽83907
₽74065
₽73115
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
municipal
-
-
-
60 278
accident
-
-
-
172
pensions
-
-
-
9 277
other
-
-
-
9 972
unemployment
-
-
-
86
health
-
-
-
5 355
national
-
-
-
28 638
total
-
-
-
113 778
Employee
55 795
-
200 036
-
municipal
16 638
-
59 651
-
national
-
-
28 112
-
total
16 638
-
87 763
-
Employer
55 795
-
200 036
-
accident
112
-
172
-
other
6 483
-
9 972
-
unemployment
1 473
-
2 266
-
pensions
6 031
-
9 277
-
health
3 431
-
5 278
-
total
17 530
-
26 965
-
Corporate
153 675
227 000
-
-
income
33 808
49 940
-
-
total
33 808
49 940
-
-
Dividends
119 866
177 060
-
-
withholding
35 960
53 118
-
-
total
35 960
53 118
-
-
Income
227 000
227 000
227 000
227 000
Total tax
103 936
103 058
114 728
113 778
After tax
123 064
123 942
112 272
113 222
Living cost
39 157
39 157
39 157
39 157
Free-cash
83 907
84 785
73 115
74 065

Estimated living cost  is ₽39157 per week

₽25951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽73320
₽87601
₽70925
₽100493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 000
trade
-
-
-
29 568
income

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

-
-
-
75 489
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.

-
-
-
6 943
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.

-
-
-
4 152
total
-
-
-
116 152
Employee

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

51 537
-
227 000
-
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.

6 943
-
6 943
-
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.

243
-
4 152
-
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.

4 428
-
75 489
-
total
11 614
-
86 584
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
175 463
227 000
-
-
surtax

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

1 448
1 873
-
-
income
26 319
34 050
-
-
trade
28 865
37 342
-
-
chamber of commerce
403
476
-
-
total
57 035
73 741
-
-
Dividends
118 429
153 258
-
-
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.

1 606
2 087
-
-
withholding
29 221
37 929
-
-
total
30 827
40 016
-
-
Income
227 000
227 000
227 000
227 000
Total tax
99 476
113 757
86 584
116 152
After tax
127 524
113 243
140 416
110 848
Living cost
39 923
39 923
39 923
39 923
Free-cash
87 601
73 320
100 493
70 925

Estimated living cost  is ₽39923 per week

₽26701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132481
₽128267
₽119790
₽117922
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
52 017
health
-
-
-
5 788
social contributions
-
-
-
16 443
total
-
-
-
74 248
Employee
78 145
78 145
214 287
-
social contributions
3 797
6 486
8 748
-
health
777
1 329
3 643
-
income
8 206
7 234
51 012
-
total
12 780
15 049
63 403
-
Employer
78 145
78 145
214 287
-
social contributions
3 797
6 486
8 748
-
health
847
1 446
3 965
-
total
4 644
7 932
12 713
-
Corporate
176 613
140 922
-
-
income
22 076
17 615
-
-
total
22 076
17 615
-
-
Dividends
154 537
123 307
-
-
withholding
26 271
20 961
-
-
total
26 271
20 961
-
-
Income
227 000
227 000
227 000
227 000
Total tax
65 771
61 557
76 116
74 248
After tax
161 229
165 443
150 884
152 752
Living cost
32 962
32 962
32 962
32 962
Free-cash
128 267
132 481
117 922
119 790

Estimated living cost  is ₽32962 per week

₽22533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109005
₽109389
₽138845
₽113185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
27 751
pensions
-
-
-
22 700
unemployment
-
-
-
3 405
health
-
-
-
15 890
total
-
-
-
69 746
Employee

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
189 958
-
health
1 860
740
13 297
-
income
3 249
1 293
23 222
-
pensions
2 657
1 058
18 996
-
unemployment
399
159
2 849
-
total
8 165
3 250
58 364
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
189 958
-
pensions
5 182
2 062
37 042
-
total
5 182
2 062
37 042
-
Corporate
195 245
214 362
-
-
income
17 572
19 293
-
-
total
17 572
19 293
-
-
Dividends
177 673
195 069
-
-
social contributions
34 525
37 918
-
-
withholding
33 758
37 063
-
-
total
68 283
74 981
-
-
Income
227 000
227 000
227 000
227 000
Total tax
99 202
99 586
95 406
69 746
After tax
127 798
127 414
131 594
157 254
Living cost
18 409
18 409
18 409
18 409
Free-cash
109 389
109 005
113 185
138 845

Estimated living cost  is ₽18409 per week

₽12562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157054
₽150740
₽97126
₽106293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
30 417
pensions
-
-
-
45 400
health
-
-
-
29 511
total
-
-
-
105 328
Employee
28 830
-
169 657
-
income
3 246
-
32 710
-
pensions
577
-
3 392
-
unemployment
461
-
2 715
-
total
4 284
-
38 817
-
Employer
28 830
-
169 657
-
unemployment
231
-
1 358
-
pensions
5 766
-
33 931
-
health
3 747
-
22 055
-
total
9 744
-
57 344
-
Corporate
188 425
227 000
-
-
income
37 686
45 400
-
-
total
37 686
45 400
-
-
Dividends
150 740
181 600
-
-
total
-
-
-
-
Income
227 000
227 000
227 000
227 000
Total tax
51 714
45 400
96 161
105 328
After tax
175 286
181 600
130 839
121 672
Living cost
24 546
24 546
24 546
24 546
Free-cash
150 740
157 054
106 293
97 126

Estimated living cost  is ₽24546 per week

₽16836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3809
₽14983
₽132804
₽102838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
accident
-
-
-
255
income
-
-
-
64 973
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
72 000
Employee
34 915
-
207 342
-
health
3 998
-
23 741
-
income
4 790
-
50 871
-
pensions
3 932
-
7 697
-
total
12 720
-
82 309
-
Employer
34 915
-
207 342
-
accident
583
-
3 462
-
unemployment
855
-
5 080
-
pensions
5 677
-
11 115
-
total
7 115
-
19 657
-
Corporate
184 969
227 000
-
-
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.

166 472
204 300
-
-
total
166 472
204 300
-
-
Dividends
18 497
22 700
-
-
withholding
3 514
4 313
-
-
total
3 514
4 313
-
-
Income
227 000
227 000
227 000
227 000
Total tax
189 821
208 613
101 966
72 000
After tax
37 179
18 387
125 034
155 000
Living cost
22 196
22 196
22 196
22 196
Free-cash
14 983
-3 809
102 838
132 804

Estimated living cost  is ₽22196 per week

₽16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽206388
₽204652
₽215468
₽172338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
227 000
microenterprise

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

-
-
-
2 270
total
-
-
-
2 270
Employee
11 577
-
227 000
-
income
2 315
-
45 400
-
total
2 315
-
45 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

215 423
227 000
-
-
total
-
-
-
-
Dividends
215 423
227 000
-
-
withholding
10 771
11 350
-
-
total
10 771
11 350
-
-
Income
227 000
227 000
227 000
227 000
Total tax
13 086
11 350
45 400
2 270
After tax
213 914
215 650
181 600
224 730
Living cost
9 262
9 262
9 262
9 262
Free-cash
204 652
206 388
172 338
215 468

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139698
₽132834
₽109048
₽107169
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
39 643
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.

-
-
-
37 090
other
-
-
-
7 340
health
-
-
-
6 800
total
-
-
-
90 873
Employee
36 899
-
187 791
-
health
517
-
2 164
-
income
6 353
-
39 016
-
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.

2 582
-
10 817
-
unemployment
368
-
1 545
-
total
9 820
-
53 542
-
Employer
36 899
-
187 791
-
accident
295
-
1 502
-
other
1 846
-
7 726
-
unemployment
368
-
1 545
-
pensions

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

6 274
-
26 273
-
health
517
-
2 164
-
total
9 300
-
39 210
-
Corporate
180 801
227 000
-
-
income
37 969
47 670
-
-
total
37 969
47 670
-
-
Dividends
142 832
179 330
-
-
withholding
9 998
12 553
-
-
total
9 998
12 553
-
-
Income
227 000
227 000
227 000
227 000
Total tax
67 087
60 223
92 752
90 873
After tax
159 913
166 777
134 248
136 127
Living cost
27 079
27 079
27 079
27 079
Free-cash
132 834
139 698
107 169
109 048

Estimated living cost  is ₽27079 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
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.
₽5681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75132
₽83368
₽78602
₽58313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
69 849
pensions
-
-
-
10 140
total
-
-
-
79 989
Employee
96 788
-
197 864
-
health
1 595
-
2 688
-
income
17 447
-
56 324
-
pensions
9 337
-
12 129
-
total
28 379
-
71 141
-
Employer
96 788
-
197 864
-
pensions
11 428
-
25 377
-
health
1 838
-
3 760
-
total
13 266
-
29 137
-
Corporate
116 946
227 000
-
-
income

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

22 221
43 130
-
-
total
22 221
43 130
-
-
Dividends
94 726
183 870
-
-
withholding
11 357
40 329
-
-
total
11 357
40 329
-
-
Income
227 000
227 000
227 000
227 000
Total tax
75 223
83 459
100 278
79 989
After tax
151 777
143 541
126 722
147 011
Living cost
68 409
68 409
68 409
68 409
Free-cash
83 368
75 132
58 313
78 602

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
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.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽180763
₽176045
₽170151
₽179573
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
34 050
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
43 527
Employee
17 640
-
220 037
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
22 003
-
pensions

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

1 549
-
3 116
-
total
4 318
-
27 142
-
Employer
17 640
-
220 037
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
205 898
227 000
-
-
income
20 589
22 700
-
-
total
20 589
22 700
-
-
Dividends
185 309
204 300
-
-
withholding
9 265
10 215
-
-
total
9 265
10 215
-
-
Income
227 000
227 000
227 000
227 000
Total tax
37 633
32 915
34 105
43 527
After tax
189 367
194 085
192 895
183 473
Living cost
13 322
13 322
13 322
13 322
Free-cash
176 045
180 763
179 573
170 151

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56750
₽59306
₽65630
₽88827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
80 578
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
105 017
Employee
94 220
86 784
208 114
-
health
11 754
11 330
12 532
-
income

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

14 205
14 205
38 495
-
pensions
11 907
11 907
11 907
-
total
37 866
37 442
62 934
-
Employer
94 220
86 784
208 114
-
unemployment
3 392
3 124
3 882
-
pensions
6 557
6 040
7 508
-
health
6 547
6 032
7 496
-
total
16 496
15 196
18 886
-
Corporate
116 283
125 019
-
-
income
23 256
25 004
-
-
total
23 256
25 004
-
-
Dividends
93 027
100 015
-
-
income
19 768
21 253
-
-
withholding
13 955
15 002
-
-
total
33 723
36 255
-
-
Income
227 000
227 000
227 000
227 000
Total tax
111 341
113 897
81 820
105 017
After tax
115 659
113 103
145 180
121 983
Living cost
56 353
56 353
56 353
56 353
Free-cash
59 306
56 750
88 827
65 630

Estimated living cost  is ₽56353 per week

₽41570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽132000
₽123335
₽109984
₽100011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
24 211
health
-
-
-
30 645
solidarity contribution
-
-
-
2 919
social contributions
-
-
-
34 952
total
-
-
-
92 727
Employee
35 720
-
180 803
-
social contributions
2 322
-
7 780
-
health
4 822
-
24 408
-
solidarity contribution
-
-
2 024
-
income
4 286
-
22 292
-
total
11 430
-
56 504
-
Employer
35 720
-
180 803
-
social contributions
8 930
-
29 924
-
health
3 215
-
16 272
-
total
12 145
-
46 196
-
Corporate
179 135
227 000
-
-
income
34 036
43 130
-
-
total
34 036
43 130
-
-
Dividends
145 100
183 870
-
-
withholding
21 765
27 581
-
-
total
21 765
27 581
-
-
Income
227 000
227 000
227 000
227 000
Total tax
79 376
70 711
102 700
92 727
After tax
147 624
156 289
124 300
134 273
Living cost
24 289
24 289
24 289
24 289
Free-cash
123 335
132 000
100 011
109 984

Estimated living cost  is ₽24289 per week

₽16872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
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.
₽5212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78232
₽72926
₽66414
₽57802
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
municipal
-
-
-
1 410
regional
-
-
-
2 863
national
-
-
-
62 568
social contributions
-
-
-
50 863
total
-
-
-
117 704
Employee
90 319
-
227 000
-
social contributions
30 456
-
66 683
-
regional
852
-
2 587
-
municipal
478
-
1 282
-
national
15 650
-
55 764
-
total
47 436
-
126 316
-
Employer
90 319
-
227 000
-
total
-
-
-
-
Corporate
136 681
227 000
-
-
nationa
32 803
54 479
-
-
municipal
5 330
8 854
-
-
total
38 133
63 333
-
-
Dividends
98 548
163 667
-
-
withholding
25 623
42 553
-
-
total
25 623
42 553
-
-
Income
227 000
227 000
227 000
227 000
Total tax
111 192
105 886
126 316
117 704
After tax
115 808
121 114
100 684
109 296
Living cost
42 882
42 882
42 882
42 882
Free-cash
72 926
78 232
57 802
66 414

Estimated living cost  is ₽42882 per week

₽29892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120360
₽117195
₽84361
₽78147
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
71 235
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
11 992
total
-
-
-
120 214
Employee
33 607
-
198 450
-
other
-
-
-
-
health
858
-
3 458
-
surtax
110
-
10 777
-
income
5 633
-
65 156
-
pensions
2 241
-
9 047
-
unemployment
2 339
-
9 440
-
total
11 181
-
97 878
-
Employer
33 607
-
198 450
-
other
-
-
-
-
unemployment
1 065
-
4 299
-
pensions
4 480
-
18 080
-
health
1 529
-
6 171
-
total
7 074
-
28 550
-
Corporate
186 319
227 000
-
-
income
48 443
59 019
-
-
total
48 443
59 019
-
-
Dividends
137 876
167 981
-
-
withholding
20 682
25 196
-
-
total
20 682
25 196
-
-
Income
227 000
227 000
227 000
227 000
Total tax
87 380
84 215
126 428
120 214
After tax
139 620
142 785
100 572
106 786
Living cost
22 425
22 425
22 425
22 425
Free-cash
117 195
120 360
78 147
84 361

Estimated living cost  is ₽22425 per week

₽13712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96806
₽103563
₽100276
₽79987
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
69 849
pensions
-
-
-
10 140
total
-
-
-
79 989
Employee
64 865
-
197 864
-
health
942
-
2 688
-
income
11 682
-
56 324
-
pensions
5 506
-
12 129
-
total
18 130
-
71 141
-
Employer
64 865
-
197 864
-
pensions
7 022
-
25 377
-
health
1 232
-
3 760
-
total
8 254
-
29 137
-
Corporate
153 882
227 000
-
-
income

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

29 238
43 130
-
-
total
29 238
43 130
-
-
Dividends
124 644
183 870
-
-
withholding
21 080
40 329
-
-
total
21 080
40 329
-
-
Income
227 000
227 000
227 000
227 000
Total tax
76 702
83 459
100 278
79 989
After tax
150 298
143 541
126 722
147 011
Living cost
46 735
46 735
46 735
46 735
Free-cash
103 563
96 806
79 987
100 276

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
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.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26189
₽59395
₽102511
₽94202
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
city
-
-
-
2 392
pensions
-
-
-
20 883
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.

-
-
-
4 541
regional
-
-
-
12 706
health
-
-
-
510
national
-
-
-
5 844
total
-
-
-
46 876
Employee
90 828
-
204 295
-
city
975
-
2 209
-
regional
2 974
-
11 321
-
health
205
-
460
-
pensions
7 631
-
15 911
-
unemployment
-
-
-
-
national
430
-
4 827
-
total
12 215
-
34 728
-
Employer
90 828
-
204 295
-
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.

1 816
-
4 086
-
unemployment
-
-
-
-
pensions
7 631
-
15 911
-
health
205
-
460
-
total
9 652
-
20 457
-
Corporate
125 522
227 000
-
-
regional
26 548
48 011
-
-
national
10 669
19 294
-
-
total
37 217
67 305
-
-
Dividends
88 305
159 695
-
-
withholding
30 908
55 893
-
-
total
30 908
55 893
-
-
Income
227 000
227 000
227 000
227 000
Total tax
89 992
123 198
55 185
46 876
After tax
137 008
103 802
171 815
180 124
Living cost
77 613
77 613
77 613
77 613
Free-cash
59 395
26 189
94 202
102 511

Estimated living cost  is ₽77613 per week

₽50471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽65523
₽82002
₽63033
₽93861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 000
trade
-
-
-
30 828
income

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

-
-
-
75 489
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.

-
-
-
6 943
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.

-
-
-
4 152
total
-
-
-
117 412
Employee

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

61 075
-
227 000
-
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.

6 943
-
6 943
-
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.

395
-
4 152
-
income

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

7 182
-
75 489
-
total
14 520
-
86 584
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
165 925
227 000
-
-
surtax

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

1 369
1 873
-
-
income
24 888
34 050
-
-
trade
28 456
38 930
-
-
chamber of commerce
388
474
-
-
total
55 101
75 327
-
-
Dividends
110 824
151 673
-
-
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.

1 502
2 064
-
-
withholding
27 320
37 531
-
-
total
28 822
39 595
-
-
Income
227 000
227 000
227 000
227 000
Total tax
98 443
114 922
86 584
117 412
After tax
128 557
112 078
140 416
109 588
Living cost
46 555
46 555
46 555
46 555
Free-cash
82 002
65 523
93 861
63 033

Estimated living cost  is ₽46555 per week

₽34002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79636
₽85642
₽89590
₽83044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
42 140
pensions
-
-
-
35 902
other
-
-
-
7 037
health
-
-
-
11 095
surtax
-
-
-
-
social contributions
-
-
-
6 466
total
-
-
-
102 640
Employee
43 494
-
173 217
-
social contributions
1 240
-
4 935
-
surtax
-
-
-
-
income
2 567
-
37 405
-
pensions
4 918
-
13 066
-
total
8 725
-
55 406
-
Employer
43 494
-
173 217
-
other
1 500
-
7 192
-
social contributions
131
-
519
-
unemployment
1 761
-
7 016
-
pensions
7 145
-
21 816
-
health
3 045
-
17 237
-
total
13 582
-
53 780
-
Corporate
169 923
227 000
-
-
surtax
-
-
-
-
income
47 579
63 561
-
-
total
47 579
63 561
-
-
Dividends
122 344
163 439
-
-
surtax
-
-
-
-
social contributions
21 042
28 112
-
-
withholding
15 660
20 921
-
-
total
36 702
49 033
-
-
Income
227 000
227 000
227 000
227 000
Total tax
106 588
112 594
109 186
102 640
After tax
120 412
114 406
117 814
124 360
Living cost
34 770
34 770
34 770
34 770
Free-cash
85 642
79 636
83 044
89 590

Estimated living cost  is ₽34770 per week

₽21924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83081
₽88727
₽93035
₽86489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
42 140
pensions
-
-
-
35 902
other
-
-
-
7 037
health
-
-
-
11 095
surtax
-
-
-
-
social contributions
-
-
-
6 466
total
-
-
-
102 640
Employee
38 825
-
173 217
-
social contributions
1 107
-
4 935
-
surtax
-
-
-
-
income
2 002
-
37 405
-
pensions
4 391
-
13 066
-
total
7 500
-
55 406
-
Employer
38 825
-
173 217
-
other
1 340
-
7 192
-
social contributions
116
-
519
-
unemployment
1 572
-
7 016
-
pensions
6 380
-
21 816
-
health
2 717
-
17 237
-
total
12 125
-
53 780
-
Corporate
176 050
227 000
-
-
surtax
-
-
-
-
income
49 294
63 561
-
-
total
49 294
63 561
-
-
Dividends
126 757
163 439
-
-
surtax
-
-
-
-
social contributions
21 804
28 112
-
-
withholding
16 225
20 921
-
-
total
38 029
49 033
-
-
Income
227 000
227 000
227 000
227 000
Total tax
106 948
112 594
109 186
102 640
After tax
120 052
114 406
117 814
124 360
Living cost
31 325
31 325
31 325
31 325
Free-cash
88 727
83 081
86 489
93 035

Estimated living cost  is ₽31325 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116944
₽117469
₽124231
₽118140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
34 050
health
-
-
-
15 845
social contributions
-
-
-
31 325
total
-
-
-
81 220
Employee
34 457
-
227 000
-
social contributions
4 756
-
31 325
-
health
2 405
-
15 845
-
income
5 747
-
40 141
-
total
12 908
-
87 311
-
Employer
34 457
-
227 000
-
total
-
-
-
-
Corporate
192 543
227 000
-
-
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%.

9 627
11 349
-
-
total
9 627
11 349
-
-
Dividends
182 916
215 651
-
-
health
12 767
15 052
-
-
social contributions
25 243
29 759
-
-
withholding
27 437
32 347
-
-
total
65 447
77 158
-
-
Income
227 000
227 000
227 000
227 000
Total tax
87 982
88 507
87 311
81 220
After tax
139 018
138 493
139 689
145 780
Living cost
21 549
21 549
21 549
21 549
Free-cash
117 469
116 944
118 140
124 231

Estimated living cost  is ₽21549 per week

₽14422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89332
₽87757
₽80506
₽23719
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
chamber of commerce
-
-
-
908
income
-
-
-
72 297
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
201
total
-
-
-
110 685
Employee
50 788
40 499
187 604
-
other
507
405
1 188
-
health
1 965
1 568
4 594
-
income
5 782
2 987
60 637
-
pensions
5 201
4 146
12 158
-
unemployment
1 524
1 215
3 562
-
total
14 979
10 321
82 139
-
Employer
50 788
40 499
187 604
-
accident
660
526
1 543
-
other
2 413
1 923
8 326
-
chamber of commerce
202
162
750
-
unemployment
1 524
1 215
3 562
-
surtax
201
201
201
-
pensions
6 374
5 084
14 900
-
payroll
1 524
1 215
5 627
-
health
1 919
1 531
4 488
-
total
14 817
11 857
39 397
-
Corporate
161 397
174 644
183 747
-
income

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

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

40 349
43 660
45 936
-
total
40 349
43 660
45 936
-
Dividends
121 048
130 984
-
-
withholding
33 289
36 021
-
-
total
33 289
36 021
-
-
Income
227 000
227 000
227 000
227 000
Total tax
103 434
101 859
167 472
110 685
After tax
123 566
125 141
59 528
116 315
Living cost
35 809
35 809
35 809
35 809
Free-cash
87 757
89 332
23 719
80 506

Estimated living cost  is ₽35809 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87606
₽74558
₽61669
₽40194
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
national
-
-
-
90 840
communal

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

-
-
-
12 100
social contributions
-
-
-
25 337
total
-
-
-
128 277
Employee

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

72 694
-
175 818
-
communal

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

3 792
-
9 170
-
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.

3 415
-
8 262
-
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.

5 452
-
13 185
-
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.

633
-
1 529
-
national
22 349
-
66 429
-
total
35 641
-
98 575
-
Employer

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

72 694
-
175 818
-
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.

945
-
2 285
-
unemployment

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

1 061
-
2 567
-
surtax
8 243
-
19 937
-
pensions

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

6 441
-
15 577
-
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.

4 470
-
10 811
-
total
21 160
-
51 177
-
Corporate
133 146
227 000
-
-
surtax
532
970
-
-
income
26 629
48 474
-
-
total
27 161
49 444
-
-
Dividends
105 985
177 556
-
-
withholding

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

31 426
52 896
-
-
total
31 426
52 896
-
-
Income
227 000
227 000
227 000
227 000
Total tax
115 388
102 340
149 752
128 277
After tax
111 612
124 660
77 248
98 723
Living cost
37 054
37 054
37 054
37 054
Free-cash
74 558
87 606
40 194
61 669

Estimated living cost  is ₽37054 per week

₽23868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114031
₽107067
₽90153
₽85889
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
accident
-
-
-
849
income
-
-
-
71 887
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
100 146
Employee
50 587
-
196 971
-
other
50
-
94
-
income
10 674
-
68 399
-
pensions
2 378
-
4 428
-
unemployment
785
-
1 460
-
total
13 887
-
74 381
-
Employer
50 587
-
196 971
-
accident
1 001
-
1 865
-
other
403
-
754
-
unemployment
2 783
-
5 180
-
pensions
11 938
-
22 230
-
total
16 125
-
30 029
-
Corporate
160 289
227 000
-
-
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.

24 043
34 050
-
-
total
24 043
34 050
-
-
Dividends
136 245
192 950
-
-
withholding
29 177
42 218
-
-
total
29 177
42 218
-
-
Income
227 000
227 000
227 000
227 000
Total tax
83 232
76 268
104 410
100 146
After tax
143 768
150 732
122 590
126 854
Living cost
36 701
36 701
36 701
36 701
Free-cash
107 067
114 031
85 889
90 153

Estimated living cost  is ₽36701 per week

₽27027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73459
₽59487
₽51631
₽60678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
accident
-
-
-
1 913
income
-
-
-
42 655
pensions
-
-
-
34 025
health
-
-
-
15 949
surtax
-
-
-
11 253
communal
-
-
-
14 346
total
-
-
-
120 141
Employee
76 960
-
202 770
-
health
3 425
-
9 024
-
surtax
4 717
-
12 428
-
income
7 434
-
49 191
-
pensions
6 156
-
16 221
-
total
21 732
-
86 864
-
Employer
76 960
-
202 770
-
accident
692
-
1 824
-
pensions
6 156
-
16 221
-
health
2 347
-
6 185
-
total
9 195
-
24 230
-
Corporate
140 844
227 000
-
-
surtax
1 479
2 384
-
-
communal
9 508
15 322
-
-
income
21 127
34 050
-
-
total
32 114
51 756
-
-
Dividends
108 730
175 244
-
-
income
32 934
20 271
-
-
withholding
16 310
26 286
-
-
total
49 244
46 557
-
-
Income
227 000
227 000
227 000
227 000
Total tax
112 285
98 313
111 094
120 141
After tax
114 715
128 687
115 906
106 859
Living cost
55 228
55 228
55 228
55 228
Free-cash
59 487
73 459
60 678
51 631

Estimated living cost  is ₽55228 per week

₽41429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119959
₽116725
₽83960
₽77746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
71 235
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
11 992
total
-
-
-
120 214
Employee
34 224
-
198 450
-
other
-
-
-
-
health
874
-
3 458
-
surtax
121
-
10 777
-
income
5 737
-
65 156
-
pensions
2 283
-
9 047
-
unemployment
2 382
-
9 440
-
total
11 397
-
97 878
-
Employer
34 224
-
198 450
-
other
-
-
-
-
unemployment
1 086
-
4 299
-
pensions
4 563
-
18 080
-
health
1 556
-
6 171
-
total
7 205
-
28 550
-
Corporate
185 571
227 000
-
-
income
48 248
59 019
-
-
total
48 248
59 019
-
-
Dividends
137 323
167 981
-
-
withholding
20 599
25 196
-
-
total
20 599
25 196
-
-
Income
227 000
227 000
227 000
227 000
Total tax
87 449
84 215
126 428
120 214
After tax
139 551
142 785
100 572
106 786
Living cost
22 826
22 826
22 826
22 826
Free-cash
116 725
119 959
77 746
83 960

Estimated living cost  is ₽22826 per week

₽13781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91940
₽89684
₽81207
₽72641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
municipal
-
-
-
1 410
regional
-
-
-
3 576
national
-
-
-
62 568
social contributions
-
-
-
50 863
total
-
-
-
118 417
Employee
56 373
-
227 000
-
social contributions
19 010
-
66 683
-
regional
759
-
3 254
-
municipal
299
-
1 282
-
national
8 931
-
55 764
-
total
28 999
-
126 983
-
Employer
56 373
-
227 000
-
total
-
-
-
-
Corporate
170 627
227 000
-
-
nationa
40 951
54 479
-
-
municipal
8 480
11 282
-
-
total
49 431
65 761
-
-
Dividends
121 196
161 239
-
-
withholding
31 510
41 923
-
-
total
31 510
41 923
-
-
Income
227 000
227 000
227 000
227 000
Total tax
109 940
107 684
126 983
118 417
After tax
117 060
119 316
100 017
108 583
Living cost
27 376
27 376
27 376
27 376
Free-cash
89 684
91 940
72 641
81 207

Estimated living cost  is ₽27376 per week

₽17025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126358
₽115681
₽104342
₽94369
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
24 211
health
-
-
-
30 645
solidarity contribution
-
-
-
2 919
social contributions
-
-
-
34 952
total
-
-
-
92 727
Employee
44 016
-
180 803
-
social contributions
2 861
-
7 780
-
health
5 942
-
24 408
-
solidarity contribution
-
-
2 024
-
income
5 282
-
22 292
-
total
14 085
-
56 504
-
Employer
44 016
-
180 803
-
social contributions
11 004
-
29 924
-
health
3 961
-
16 272
-
total
14 965
-
46 196
-
Corporate
168 018
227 000
-
-
income
31 924
43 130
-
-
total
31 924
43 130
-
-
Dividends
136 095
183 870
-
-
withholding
20 414
27 581
-
-
total
20 414
27 581
-
-
Income
227 000
227 000
227 000
227 000
Total tax
81 388
70 711
102 700
92 727
After tax
145 612
156 289
124 300
134 273
Living cost
29 931
29 931
29 931
29 931
Free-cash
115 681
126 358
94 369
104 342

Estimated living cost  is ₽29931 per week

₽22259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92829
₽92325
₽84094
₽27157
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
chamber of commerce
-
-
-
908
income
-
-
-
72 297
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
-
total
-
-
-
110 484
Employee
44 424
40 499
187 791
-
other
444
405
1 188
-
health
1 718
1 568
4 594
-
income
3 957
2 987
60 726
-
pensions
4 549
4 146
12 158
-
unemployment
1 333
1 215
3 562
-
total
12 001
10 321
82 228
-
Employer
44 424
40 499
187 791
-
accident
577
526
1 543
-
other
2 110
1 923
8 333
-
chamber of commerce
177
162
750
-
unemployment
1 333
1 215
3 562
-
surtax
-
-
-
-
pensions
5 575
5 084
14 900
-
payroll
1 333
1 215
5 633
-
health
1 680
1 531
4 488
-
total
12 785
11 656
39 209
-
Corporate
169 792
174 844
183 934
-
income

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

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

42 447
43 710
45 984
-
total
42 447
43 710
45 984
-
Dividends
127 345
131 134
-
-
withholding
35 020
36 062
-
-
total
35 020
36 062
-
-
Income
227 000
227 000
227 000
227 000
Total tax
102 253
101 749
167 421
110 484
After tax
124 747
125 251
59 579
116 516
Living cost
32 422
32 422
32 422
32 422
Free-cash
92 325
92 829
27 157
84 094

Estimated living cost  is ₽32422 per week

₽19449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽201217
₽198510
₽210297
₽167167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
227 000
microenterprise

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

-
-
-
2 270
total
-
-
-
2 270
Employee
18 042
-
227 000
-
income
3 609
-
45 400
-
total
3 609
-
45 400
-
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%.

208 958
227 000
-
-
total
-
-
-
-
Dividends
208 958
227 000
-
-
withholding
10 448
11 350
-
-
total
10 448
11 350
-
-
Income
227 000
227 000
227 000
227 000
Total tax
14 057
11 350
45 400
2 270
After tax
212 943
215 650
181 600
224 730
Living cost
14 433
14 433
14 433
14 433
Free-cash
198 510
201 217
167 167
210 297

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129032
₽120531
₽78301
₽73375
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 000
income
-
-
-
57 306
pensions
-
-
-
41 456
unemployment
-
-
-
341
health
-
-
-
22 338
total
-
-
-
121 441
Employee

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

44 939
-
196 417
-
health
2 902
-
12 688
-
income
7 750
-
52 378
-
pensions
6 966
-
30 444
-
unemployment
64
-
276
-
total
17 682
-
95 786
-
Employer

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

44 939
-
196 417
-
unemployment
27
-
118
-
pensions
3 977
-
17 382
-
health
2 993
-
13 081
-
total
6 997
-
30 581
-
Corporate
175 064
227 000
-
-
income
33 262
43 130
-
-
total
33 262
43 130
-
-
Dividends
141 802
183 870
-
-
withholding
21 270
27 580
-
-
total
21 270
27 580
-
-
Income
227 000
227 000
227 000
227 000
Total tax
79 211
70 710
126 367
121 441
After tax
147 789
156 290
100 633
105 559
Living cost
27 258
27 258
27 258
27 258
Free-cash
120 531
129 032
73 375
78 301

Estimated living cost  is ₽27258 per week

₽18707
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.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94204
₽45806
₽112972
₽169711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
44 247
social contributions
-
-
-
25 878
total
-
-
-
70 125
Employee
62 951
-
-
-
social contributions
5 162
-
736
-
income
13 886
-
-
-
total
19 048
-
736
-
Employer
62 951
-
-
-
social contributions
88 761
-
12 650
-
total
88 761
-
12 650
-
Corporate
75 288
227 000
-
-
income
16 563
49 940
-
-
total
16 563
49 940
-
-
Dividends
58 724
177 060
-
-
income
12 919
38 953
-
-
total
12 919
38 953
-
-
Income
227 000
227 000
227 000
227 000
Total tax
137 291
88 893
13 386
70 125
After tax
89 709
138 107
213 614
156 875
Living cost
43 903
43 903
43 903
43 903
Free-cash
45 806
94 204
169 711
112 972

Estimated living cost  is ₽43903 per week

₽28486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97241
₽96217
₽86613
₽68945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 000
income
-
-
-
29 627
surtax
-
-
-
-
social contributions

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

-
-
-
78 883
total
-
-
-
108 510
Employee
46 740
-
183 434
-
social contributions
5 141
-
20 178
-
surtax
-
-
224
-
income
9 722
-
62 210
-
total
14 863
-
82 612
-
Employer
46 740
-
183 434
-
social contributions
11 101
-
43 566
-
total
11 101
-
43 566
-
Corporate
169 159
227 000
-
-
surtax
-
-
-
-
income
35 524
47 670
-
-
total
35 524
47 670
-
-
Dividends
133 636
179 330
-
-
withholding
37 418
50 212
-
-
total
37 418
50 212
-
-
Income
227 000
227 000
227 000
227 000
Total tax
98 906
97 882
126 178
108 510
After tax
128 094
129 118
100 822
118 490
Living cost
31 877
31 877
31 877
31 877
Free-cash
96 217
97 241
68 945
86 613

Estimated living cost  is ₽31877 per week

₽23850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65322
₽72309
₽75276
₽68730
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
42 140
pensions
-
-
-
35 902
other
-
-
-
7 037
health
-
-
-
11 095
surtax
-
-
-
-
social contributions
-
-
-
6 466
total
-
-
-
102 640
Employee
63 650
-
173 217
-
social contributions
1 813
-
4 935
-
surtax
-
-
-
-
income
5 554
-
37 405
-
pensions
7 199
-
13 066
-
total
14 566
-
55 406
-
Employer
63 650
-
173 217
-
other
2 197
-
7 192
-
social contributions
191
-
519
-
unemployment
2 578
-
7 016
-
pensions
10 458
-
21 816
-
health
4 455
-
17 237
-
total
19 879
-
53 780
-
Corporate
143 470
227 000
-
-
surtax
-
-
-
-
income
40 172
63 561
-
-
total
40 172
63 561
-
-
Dividends
103 299
163 439
-
-
surtax
-
-
-
-
social contributions
17 768
28 112
-
-
withholding
13 222
20 921
-
-
total
30 990
49 033
-
-
Income
227 000
227 000
227 000
227 000
Total tax
105 607
112 594
109 186
102 640
After tax
121 393
114 406
117 814
124 360
Living cost
49 084
49 084
49 084
49 084
Free-cash
72 309
65 322
68 730
75 276

Estimated living cost  is ₽49084 per week

₽33219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173751
₽170338
₽134975
₽141008
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
11 535
social contributions
-
-
-
49 942
total
-
-
-
61 477
Employee
32 672
-
196 537
-
income
-
-
12 206
-
social contributions
2 123
-
12 775
-
total
2 123
-
24 981
-
Employer
32 672
-
196 537
-
social contributions
5 064
-
30 463
-
total
5 064
-
30 463
-
Corporate
189 264
227 000
-
-
income
18 927
22 701
-
-
total
18 927
22 701
-
-
Dividends
170 337
204 299
-
-
total
-
-
-
-
Income
227 000
227 000
227 000
227 000
Total tax
26 114
22 701
55 444
61 477
After tax
200 886
204 299
171 556
165 523
Living cost
30 548
30 548
30 548
30 548
Free-cash
170 338
173 751
141 008
134 975

Estimated living cost  is ₽30548 per week

₽19752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5598
₽3188
₽82166
₽5598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
municipal
-
-
-
48 711
pensions
-
-
-
881
national
-
-
-
28 213
labour market
-
-
-
18 090
total
-
-
-
95 895
Employee
206 561
206 561
206 561
-
labour market
16 501
16 501
16 501
-
national
25 235
25 235
25 235
-
municipal
43 986
43 986
43 986
-
pensions
294
294
294
-
total
86 016
86 016
86 016
-
Employer
206 561
206 561
206 561
-
labour market
16 525
16 525
16 525
-
municipal
44 056
44 056
44 056
-
pensions
587
587
587
-
national
25 279
25 279
25 279
-
total
86 447
86 447
86 447
-
Corporate
5 597
-
-
-
income
1 231
-
-
-
total
1 231
-
-
-
Dividends
4 366
-
-
-
withholding
1 179
-
-
-
total
1 179
-
-
-
Income
227 000
227 000
227 000
227 000
Total tax
174 873
172 463
172 463
95 895
After tax
52 127
54 537
54 537
131 105
Living cost
48 939
48 939
48 939
48 939
Free-cash
3 188
5 598
5 598
82 166

Estimated living cost  is ₽48939 per week

₽33495
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.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3481
₽15034
₽133132
₽103166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
accident
-
-
-
255
income
-
-
-
64 973
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
72 000
Employee
34 400
-
207 342
-
health
3 939
-
23 741
-
income
4 719
-
50 871
-
pensions
3 874
-
7 697
-
total
12 532
-
82 309
-
Employer
34 400
-
207 342
-
accident
574
-
3 462
-
unemployment
843
-
5 080
-
pensions
5 593
-
11 115
-
total
7 010
-
19 657
-
Corporate
185 589
227 000
-
-
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.

167 030
204 300
-
-
total
167 030
204 300
-
-
Dividends
18 559
22 700
-
-
withholding
3 526
4 313
-
-
total
3 526
4 313
-
-
Income
227 000
227 000
227 000
227 000
Total tax
190 098
208 613
101 966
72 000
After tax
36 902
18 387
125 034
155 000
Living cost
21 868
21 868
21 868
21 868
Free-cash
15 034
-3 481
103 166
133 132

Estimated living cost  is ₽21868 per week

₽15918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100244
₽103385
₽100423
₽74422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
227 000
municipal
-
-
-
40 307
health
-
-
-
3 072
national
-
-
-
44 181
total
-
-
-
87 560
Employee
53 468
-
190 965
-
health
399
-
2 517
-
municipal
8 758
-
31 084
-
pensions
3 608
-
12 890
-
unemployment
802
-
2 864
-
national
883
-
28 171
-
total
14 450
-
77 526
-
Employer
53 468
-
190 965
-
accident
54
-
191
-
unemployment
347
-
1 242
-
pensions
9 276
-
33 132
-
health
411
-
1 470
-
total
10 088
-
36 035
-
Corporate
163 444
227 000
-
-
income
32 689
45 400
-
-
total
32 689
45 400
-
-
Dividends

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

98 067
136 200
-
-
national
9 719
17 823
-
-
municipal
17 652
24 516
-
-
total
27 371
42 339
-
-
Income
227 000
227 000
227 000
227 000
Total tax
84 598
87 739
113 561
87 560
After tax
142 402
139 261
113 439
139 440
Living cost
39 017
39 017
39 017
39 017
Free-cash
103 385
100 244
74 422
100 423

Estimated living cost  is ₽39017 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3753
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.
₽9159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141914
₽136381
₽129223
₽127355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
52 017
health
-
-
-
5 788
social contributions
-
-
-
16 443
total
-
-
-
74 248
Employee
78 145
78 145
214 287
-
social contributions
2 955
6 486
8 748
-
health
606
1 329
3 643
-
income
8 509
7 234
51 012
-
total
12 070
15 049
63 403
-
Employer
78 145
78 145
214 287
-
social contributions
2 955
6 486
8 748
-
health
658
1 446
3 965
-
total
3 613
7 932
12 713
-
Corporate
187 790
140 922
-
-
income
23 474
17 615
-
-
total
23 474
17 615
-
-
Dividends
164 316
123 307
-
-
withholding
27 933
20 961
-
-
total
27 933
20 961
-
-
Income
227 000
227 000
227 000
227 000
Total tax
67 090
61 557
76 116
74 248
After tax
159 910
165 443
150 884
152 752
Living cost
23 529
23 529
23 529
23 529
Free-cash
136 381
141 914
127 355
129 223

Estimated living cost  is ₽23529 per week

₽14102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171845
₽166674
₽177202
₽156819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
227 000
income
-
-
-
23 492
pensions
-
-
-
6 464
unemployment
-
-
-
29
health
-
-
-
3 678
total
-
-
-
33 663
Employee

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

23 327
-
217 068
-
health
1 983
-
8 196
-
income
1 595
-
20 973
-
pensions
3 498
-
14 464
-
unemployment
116
-
482
-
total
7 192
-
44 115
-
Employer

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

23 327
-
217 068
-
unemployment
116
-
482
-
pensions
1 282
-
5 303
-
health
1 003
-
4 146
-
total
2 401
-
9 931
-
Corporate
201 272
227 000
-
-
income
18 115
20 429
-
-
total
18 115
20 429
-
-
Dividends
183 158
206 571
-
-
withholding
16 483
18 591
-
-
total
16 483
18 591
-
-
Income
227 000
227 000
227 000
227 000
Total tax
44 191
39 020
54 046
33 663
After tax
182 809
187 980
172 954
193 337
Living cost
16 135
16 135
16 135
16 135
Free-cash
166 674
171 845
156 819
177 202

Estimated living cost  is ₽16135 per week

₽10295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122786
₽118297
₽98908
₽94644
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
accident
-
-
-
849
income
-
-
-
71 887
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
100 146
Employee
37 577
-
196 971
-
other
37
-
94
-
income
7 245
-
68 399
-
pensions
1 767
-
4 428
-
unemployment
582
-
1 460
-
total
9 631
-
74 381
-
Employer
37 577
-
196 971
-
accident
744
-
1 865
-
other
301
-
754
-
unemployment
2 067
-
5 180
-
pensions
8 867
-
22 230
-
total
11 979
-
30 029
-
Corporate
177 443
227 000
-
-
income

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

26 616
34 050
-
-
total
26 616
34 050
-
-
Dividends
150 827
192 950
-
-
withholding
32 531
42 218
-
-
total
32 531
42 218
-
-
Income
227 000
227 000
227 000
227 000
Total tax
80 757
76 268
104 410
100 146
After tax
146 243
150 732
122 590
126 854
Living cost
27 946
27 946
27 946
27 946
Free-cash
118 297
122 786
94 644
98 908

Estimated living cost  is ₽27946 per week

₽18863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138867
₽138411
₽143135
₽142938
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
77 584
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
81 084
Employee
4 236
-
224 718
-
health
212
-
507
-
income
820
-
77 477
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
78 998
-
Employer
4 236
-
224 718
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
221 810
227 000
-
-
income
48 798
49 940
-
-
total
48 798
49 940
-
-
Dividends
173 012
177 060
-
-
withholding
34 602
35 412
-
-
total
34 602
35 412
-
-
Income
227 000
227 000
227 000
227 000
Total tax
85 808
85 352
81 281
81 084
After tax
141 192
141 648
145 719
145 916
Living cost
2 781
2 781
2 781
2 781
Free-cash
138 411
138 867
142 938
143 135

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146449
₽141452
₽128570
₽128570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 000
income
-
-
-
52 509
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 728
total
-
-
-
80 872
Employee

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

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

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

26 477
-
213 569
-
health
1 364
-
3 864
-
income
3 650
-
52 509
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
67 441
-
Employer

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

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

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

26 477
-
213 569
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
195 784
227 000
-
-
income
29 368
34 050
-
-
total
29 368
34 050
-
-
Dividends
166 416
192 950
-
-
withholding
24 962
28 943
-
-
total
24 962
28 943
-
-
Income
227 000
227 000
227 000
227 000
Total tax
67 990
62 993
80 872
80 872
After tax
159 010
164 007
146 128
146 128
Living cost
17 558
17 558
17 558
17 558
Free-cash
141 452
146 449
128 570
128 570

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
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.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101720
₽101353
₽91092
₽73424
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 000
income
-
-
-
29 627
surtax
-
-
-
-
social contributions

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

-
-
-
78 883
total
-
-
-
108 510
Employee
39 443
-
183 434
-
social contributions
4 339
-
20 178
-
surtax
-
-
224
-
income
7 707
-
62 210
-
total
12 046
-
82 612
-
Employer
39 443
-
183 434
-
social contributions
9 367
-
43 566
-
total
9 367
-
43 566
-
Corporate
178 190
227 000
-
-
surtax
-
-
-
-
income
37 420
47 670
-
-
total
37 420
47 670
-
-
Dividends
140 770
179 330
-
-
withholding
39 416
50 212
-
-
total
39 416
50 212
-
-
Income
227 000
227 000
227 000
227 000
Total tax
98 249
97 882
126 178
108 510
After tax
128 751
129 118
100 822
118 490
Living cost
27 398
27 398
27 398
27 398
Free-cash
101 353
101 720
73 424
91 092

Estimated living cost  is ₽27398 per week

₽19405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
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.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115016
₽108365
₽91138
₽86874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
accident
-
-
-
849
income
-
-
-
71 887
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
100 146
Employee
49 081
-
196 971
-
other
48
-
94
-
income
10 251
-
68 399
-
pensions
2 307
-
4 428
-
unemployment
760
-
1 460
-
total
13 366
-
74 381
-
Employer
49 081
-
196 971
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 700
-
5 180
-
pensions
11 583
-
22 230
-
total
15 648
-
30 029
-
Corporate
162 271
227 000
-
-
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.

24 340
34 050
-
-
total
24 340
34 050
-
-
Dividends
137 931
192 950
-
-
withholding
29 565
42 218
-
-
total
29 565
42 218
-
-
Income
227 000
227 000
227 000
227 000
Total tax
82 919
76 268
104 410
100 146
After tax
144 081
150 732
122 590
126 854
Living cost
35 716
35 716
35 716
35 716
Free-cash
108 365
115 016
86 874
91 138

Estimated living cost  is ₽35716 per week

₽25650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176606
₽170413
₽165994
₽175416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
34 050
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
43 527
Employee
23 145
-
220 037
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
22 003
-
pensions

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

2 032
-
3 116
-
total
5 666
-
27 142
-
Employer
23 145
-
220 037
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
199 314
227 000
-
-
income
19 932
22 700
-
-
total
19 932
22 700
-
-
Dividends
179 382
204 300
-
-
withholding
8 969
10 215
-
-
total
8 969
10 215
-
-
Income
227 000
227 000
227 000
227 000
Total tax
39 108
32 915
34 105
43 527
After tax
187 892
194 085
192 895
183 473
Living cost
17 479
17 479
17 479
17 479
Free-cash
170 413
176 606
175 416
165 994

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77510
₽90808
₽75387
₽101181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 000
trade
-
-
-
25 794
income

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

-
-
-
75 489
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.

-
-
-
6 943
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.

-
-
-
4 152
total
-
-
-
112 378
Employee

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

50 565
-
227 000
-
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.

6 943
-
6 943
-
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.

229
-
4 152
-
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.

4 158
-
75 489
-
total
11 330
-
86 584
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
176 435
227 000
-
-
surtax

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

1 456
1 873
-
-
income
26 465
34 050
-
-
trade
25 318
32 575
-
-
chamber of commerce
413
488
-
-
total
53 652
68 986
-
-
Dividends
122 783
158 014
-
-
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.

1 666
2 152
-
-
withholding
30 309
39 117
-
-
total
31 975
41 269
-
-
Income
227 000
227 000
227 000
227 000
Total tax
96 957
110 255
86 584
112 378
After tax
130 043
116 745
140 416
114 622
Living cost
39 235
39 235
39 235
39 235
Free-cash
90 808
77 510
101 181
75 387

Estimated living cost  is ₽39235 per week

₽27065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101010
₽103252
₽56125
₽56125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
74 002
social contributions
-
-
-
38 982
total
-
-
-
112 984
Employee
79 494
-
227 000
-
income
15 000
-
74 002
-
social contributions
6 604
-
38 982
-
total
21 604
-
112 984
-
Employer
79 494
-
227 000
-
total
-
-
-
-
Corporate
147 506
227 000
-
-
income
18 439
28 375
-
-
total
18 439
28 375
-
-
Dividends
129 067
198 625
-
-
withholding
25 814
39 724
-
-
total
25 814
39 724
-
-
Income
227 000
227 000
227 000
227 000
Total tax
65 857
68 099
112 984
112 984
After tax
161 143
158 901
114 016
114 016
Living cost
57 891
57 891
57 891
57 891
Free-cash
103 252
101 010
56 125
56 125

Estimated living cost  is ₽57891 per week

₽44042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105291
₽108843
₽149248
₽121583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 000
income
-
-
-
34 050
health

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

-
-
-
6 812
total
-
-
-
40 862
Employee
46 620
-
222 325
-
income
5 059
-
59 177
-
social contributions
4 671
-
4 675
-
total
9 730
-
63 852
-
Employer
46 620
-
222 325
-
social contributions
4 671
-
4 675
-
total
4 671
-
4 675
-
Corporate
175 709
227 000
-
-
income
61 497
79 450
-
-
total
61 497
79 450
-
-
Dividends
114 212
147 550
-
-
social contributions
5 369
5 369
-
-
total
5 369
5 369
-
-
Income
227 000
227 000
227 000
227 000
Total tax
81 267
84 819
68 527
40 862
After tax
145 733
142 181
158 473
186 138
Living cost
36 890
36 890
36 890
36 890
Free-cash
108 843
105 291
121 583
149 248

Estimated living cost  is ₽36890 per week

₽24300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105547
₽111606
₽109017
₽88728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
income
-
-
-
69 849
pensions
-
-
-
10 140
total
-
-
-
79 989
Employee
52 152
-
197 864
-
health
680
-
2 688
-
income
9 497
-
56 324
-
pensions
3 980
-
12 129
-
total
14 157
-
71 141
-
Employer
52 152
-
197 864
-
pensions
5 269
-
25 377
-
health
991
-
3 760
-
total
6 260
-
29 137
-
Corporate
168 588
227 000
-
-
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.

32 031
43 130
-
-
total
32 031
43 130
-
-
Dividends
136 557
183 870
-
-
withholding
24 952
40 329
-
-
total
24 952
40 329
-
-
Income
227 000
227 000
227 000
227 000
Total tax
77 400
83 459
100 278
79 989
After tax
149 600
143 541
126 722
147 011
Living cost
37 994
37 994
37 994
37 994
Free-cash
111 606
105 547
88 728
109 017

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5646
₽14701
₽130967
₽101001
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
accident
-
-
-
255
income
-
-
-
64 973
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
72 000
Employee
37 806
-
207 342
-
health
4 329
-
23 741
-
income
5 187
-
50 871
-
pensions
4 257
-
7 697
-
total
13 773
-
82 309
-
Employer
37 806
-
207 342
-
accident
631
-
3 462
-
unemployment
926
-
5 080
-
pensions
6 147
-
11 115
-
total
7 704
-
19 657
-
Corporate
181 490
227 000
-
-
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.

163 341
204 300
-
-
total
163 341
204 300
-
-
Dividends
18 149
22 700
-
-
withholding
3 448
4 313
-
-
total
3 448
4 313
-
-
Income
227 000
227 000
227 000
227 000
Total tax
188 266
208 613
101 966
72 000
After tax
38 734
18 387
125 034
155 000
Living cost
24 033
24 033
24 033
24 033
Free-cash
14 701
-5 646
101 001
130 967

Estimated living cost  is ₽24033 per week

₽17638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159960
₽156892
₽130558
₽152852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
227 000
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
38 159
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
82 747
Employee

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

21 911
-
227 000
-
work injury
110
-
405
-
income
2 191
-
38 159
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
60 453
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
205 089
227 000
-
-
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%.

20 509
22 700
-
-
total
20 509
22 700
-
-
Dividends
184 580
204 300
-
-
withholding
27 687
30 645
-
-
total
27 687
30 645
-
-
Income
227 000
227 000
227 000
227 000
Total tax
56 413
53 345
60 453
82 747
After tax
170 587
173 655
166 547
144 253
Living cost
13 695
13 695
13 695
13 695
Free-cash
156 892
159 960
152 852
130 558

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79084
₽74459
₽65973
₽57625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
227 000
municipal
-
-
-
1 585
regional
-
-
-
5 526
national
-
-
-
62 568
social contributions
-
-
-
50 863
total
-
-
-
120 542
Employee
85 636
-
227 000
-
social contributions
28 876
-
66 683
-
regional
1 293
-
5 000
-
municipal
511
-
1 443
-
national
14 472
-
55 764
-
total
45 152
-
128 890
-
Employer
85 636
-
227 000
-
total
-
-
-
-
Corporate
141 364
227 000
-
-
nationa
33 927
54 479
-
-
municipal
6 814
10 941
-
-
total
40 741
65 420
-
-
Dividends
100 623
161 580
-
-
withholding
26 163
42 011
-
-
total
26 163
42 011
-
-
Income
227 000
227 000
227 000
227 000
Total tax
112 056
107 431
128 890
120 542
After tax
114 944
119 569
98 110
106 458
Living cost
40 485
40 485
40 485
40 485
Free-cash
74 459
79 084
57 625
65 973

Estimated living cost  is ₽40485 per week

₽28438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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