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
₽ 228000
per

Your estimated
City
free-cash

Dresden , Germany
₽84343
₽95509
₽81789
₽110309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 000
trade
-
-
-
28 520
income

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

-
-
-
76 047
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.

-
-
-
6 894
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.

-
-
-
4 183
total
-
-
-
115 644
Employee

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

38 599
-
228 000
-
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.

6 894
-
6 894
-
surtax

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

59
-
4 183
-
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.

1 078
-
76 047
-
total
8 031
-
87 124
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 401
228 000
-
-
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.

1 563
1 881
-
-
income
28 411
34 200
-
-
trade
29 830
35 910
-
-
chamber of commerce
425
481
-
-
total
60 229
72 472
-
-
Dividends
129 172
155 528
-
-
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.

1 754
2 118
-
-
withholding
31 910
38 500
-
-
total
33 664
40 618
-
-
Income
228 000
228 000
228 000
228 000
Total tax
101 924
113 090
87 124
115 644
After tax
126 076
114 910
140 876
112 356
Living cost
30 567
30 567
30 567
30 567
Free-cash
95 509
84 343
110 309
81 789

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91278
₽90430
₽78765
₽79989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
municipal
-
-
-
25 337
pensions
-
-
-
27 360
national
-
-
-
43 093
social contributions
-
-
-
2 451
total
-
-
-
98 241
Employee
79 050
-
197 104
-
municipal
9 764
-
26 220
-
pensions
3 162
-
7 884
-
national
15 130
-
45 026
-
total
28 056
-
79 130
-
Employer
79 050
-
197 104
-
social contributions
850
-
2 119
-
pensions
6 324
-
15 768
-
total
7 174
-
17 887
-
Corporate
136 559
228 000
-
-
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%.

27 312
45 600
-
-
total
27 312
45 600
-
-
Dividends
109 247
182 400
-
-
withholding
24 034
40 128
-
-
total
24 034
40 128
-
-
Income
228 000
228 000
228 000
228 000
Total tax
86 576
85 728
97 017
98 241
After tax
141 424
142 272
130 983
129 759
Living cost
50 994
50 994
50 994
50 994
Free-cash
90 430
91 278
79 989
78 765

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161404
₽153128
₽61999
₽78182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 000
microenterprise
-
-
-
-
income
-
-
-
48 199
surtax
-
-
-
58 141
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.

-
-
-
38 666
total
-
-
-
145 006
Employee
29 489
-
179 302
-
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.

3 244
-
13 230
-
surtax
-
-
26 000
-
income
5 249
-
40 895
-
total
8 493
-
80 125
-
Employer
29 489
-
179 302
-
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.

7 103
-
28 974
-
surtax
-
-
19 724
-
total
7 103
-
48 698
-
Corporate
191 408
228 000
-
-
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%.

38 281
45 601
-
-
total
38 281
45 601
-
-
Dividends

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

153 127
182 399
-
-
total
-
-
-
-
Income
228 000
228 000
228 000
228 000
Total tax
53 877
45 601
128 823
145 006
After tax
174 123
182 399
99 177
82 994
Living cost
20 995
20 995
20 995
20 995
Free-cash
153 128
161 404
78 182
61 999

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71355
₽65174
₽80103
₽103540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
81 353
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
105 621
Employee
86 180
86 180
209 245
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
39 161
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
63 429
-
Employer
86 180
86 180
209 245
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 456
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 755
-
Corporate
127 786
126 729
-
-
income
25 557
25 347
-
-
total
25 557
25 347
-
-
Dividends
102 229
101 382
-
-
income
21 723
21 543
-
-
withholding
15 334
15 208
-
-
total
37 057
36 751
-
-
Income
228 000
228 000
228 000
228 000
Total tax
120 550
114 369
82 184
105 621
After tax
107 450
113 631
145 816
122 379
Living cost
42 276
42 276
42 276
42 276
Free-cash
65 174
71 355
103 540
80 103

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85496
₽84621
₽74638
₽73691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
municipal
-
-
-
60 607
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
29 006
total
-
-
-
114 370
Employee
55 560
-
201 150
-
municipal
16 568
-
59 983
-
national
-
-
28 483
-
total
16 568
-
88 466
-
Employer
55 560
-
201 150
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
154 983
228 000
-
-
income
34 096
50 160
-
-
total
34 096
50 160
-
-
Dividends
120 887
177 840
-
-
withholding
36 266
53 352
-
-
total
36 266
53 352
-
-
Income
228 000
228 000
228 000
228 000
Total tax
104 387
103 512
115 317
114 370
After tax
123 613
124 488
112 683
113 630
Living cost
38 992
38 992
38 992
38 992
Free-cash
84 621
85 496
73 691
74 638

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
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.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74095
₽88277
₽71443
₽101231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 000
trade
-
-
-
29 788
income

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

-
-
-
76 047
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.

-
-
-
6 894
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.

-
-
-
4 183
total
-
-
-
116 912
Employee

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

51 178
-
228 000
-
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.

6 894
-
6 894
-
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.

241
-
4 183
-
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.

4 397
-
76 047
-
total
11 532
-
87 124
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
176 822
228 000
-
-
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.

1 459
1 881
-
-
income
26 522
34 200
-
-
trade
29 087
37 506
-
-
chamber of commerce
404
477
-
-
total
57 472
74 064
-
-
Dividends
119 350
153 937
-
-
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.

1 620
2 095
-
-
withholding
29 454
38 101
-
-
total
31 074
40 196
-
-
Income
228 000
228 000
228 000
228 000
Total tax
100 078
114 260
87 124
116 912
After tax
127 922
113 740
140 876
111 088
Living cost
39 645
39 645
39 645
39 645
Free-cash
88 277
74 095
101 231
71 443

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
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.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133431
₽129244
₽120590
₽118720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
52 535
health
-
-
-
5 814
social contributions
-
-
-
16 328
total
-
-
-
74 677
Employee
77 601
77 601
215 330
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
3 660
-
income
8 149
7 184
51 530
-
total
12 692
14 945
63 877
-
Employer
77 601
77 601
215 330
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
3 983
-
total
4 612
7 877
12 670
-
Corporate
177 964
142 522
-
-
income
22 246
17 814
-
-
total
22 246
17 814
-
-
Dividends
155 718
124 707
-
-
withholding
26 473
21 200
-
-
total
26 473
21 200
-
-
Income
228 000
228 000
228 000
228 000
Total tax
66 023
61 836
76 547
74 677
After tax
161 977
166 164
151 453
153 323
Living cost
32 733
32 733
32 733
32 733
Free-cash
129 244
133 431
118 720
120 590

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109638
₽110020
₽139611
₽113837
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
27 873
pensions
-
-
-
22 800
unemployment
-
-
-
3 420
health
-
-
-
15 960
total
-
-
-
70 053
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.

26 469
10 534
190 795
-
health
1 853
737
13 356
-
income
3 236
1 288
23 325
-
pensions
2 647
1 053
19 079
-
unemployment
397
158
2 862
-
total
8 133
3 236
58 622
-
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.

26 469
10 534
190 795
-
pensions
5 161
2 054
37 205
-
total
5 161
2 054
37 205
-
Corporate
196 370
215 412
-
-
income
17 673
19 387
-
-
total
17 673
19 387
-
-
Dividends
178 697
196 025
-
-
social contributions
34 725
38 104
-
-
withholding
33 952
37 245
-
-
total
68 677
75 349
-
-
Income
228 000
228 000
228 000
228 000
Total tax
99 644
100 026
95 827
70 053
After tax
128 356
127 974
132 173
157 947
Living cost
18 336
18 336
18 336
18 336
Free-cash
110 020
109 638
113 837
139 611

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158024
₽151756
₽97834
₽107040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
30 552
pensions
-
-
-
45 599
health
-
-
-
29 640
total
-
-
-
105 791
Employee
28 629
-
170 403
-
income
3 223
-
32 854
-
pensions
573
-
3 409
-
unemployment
458
-
2 727
-
total
4 254
-
38 990
-
Employer
28 629
-
170 403
-
unemployment
230
-
1 364
-
pensions
5 726
-
34 079
-
health
3 721
-
22 152
-
total
9 677
-
57 595
-
Corporate
189 694
228 000
-
-
income
37 938
45 601
-
-
total
37 938
45 601
-
-
Dividends
151 756
182 399
-
-
total
-
-
-
-
Income
228 000
228 000
228 000
228 000
Total tax
51 869
45 601
96 585
105 791
After tax
176 131
182 399
131 415
122 209
Living cost
24 375
24 375
24 375
24 375
Free-cash
151 756
158 024
107 040
97 834

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3604
₽15082
₽133605
₽103575
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
accident
-
-
-
253
income
-
-
-
65 336
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
72 323
Employee
34 721
-
208 362
-
health
3 975
-
23 858
-
income
4 763
-
51 204
-
pensions
3 910
-
7 654
-
total
12 648
-
82 716
-
Employer
34 721
-
208 362
-
accident
580
-
3 479
-
unemployment
851
-
5 105
-
pensions
5 646
-
11 053
-
total
7 077
-
19 637
-
Corporate
186 203
228 000
-
-
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.

167 583
205 200
-
-
total
167 583
205 200
-
-
Dividends
18 620
22 800
-
-
withholding
3 538
4 332
-
-
total
3 538
4 332
-
-
Income
228 000
228 000
228 000
228 000
Total tax
190 846
209 532
102 353
72 323
After tax
37 154
18 468
125 647
155 677
Living cost
22 072
22 072
22 072
22 072
Free-cash
15 082
-3 604
103 575
133 605

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽207520
₽205818
₽216640
₽173320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
228 000
microenterprise

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

-
-
-
2 280
total
-
-
-
2 280
Employee
11 349
-
228 000
-
income
2 270
-
45 600
-
total
2 270
-
45 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

216 651
228 000
-
-
total
-
-
-
-
Dividends
216 651
228 000
-
-
withholding
10 832
11 400
-
-
total
10 832
11 400
-
-
Income
228 000
228 000
228 000
228 000
Total tax
13 102
11 400
45 600
2 280
After tax
214 898
216 600
182 400
225 720
Living cost
9 080
9 080
9 080
9 080
Free-cash
205 818
207 520
173 320
216 640

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140620
₽133804
₽110225
₽108342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
40 011
pensions

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

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
90 884
Employee
36 642
-
189 043
-
health
513
-
2 149
-
income
6 308
-
39 384
-
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.

2 564
-
10 742
-
unemployment
366
-
1 534
-
total
9 751
-
53 809
-
Employer
36 642
-
189 043
-
accident
293
-
1 513
-
other
1 833
-
7 672
-
unemployment
366
-
1 534
-
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.

6 230
-
26 090
-
health
513
-
2 149
-
total
9 235
-
38 958
-
Corporate
182 123
228 000
-
-
income
38 247
47 880
-
-
total
38 247
47 880
-
-
Dividends
143 876
180 120
-
-
withholding
10 072
12 609
-
-
total
10 072
12 609
-
-
Income
228 000
228 000
228 000
228 000
Total tax
67 305
60 489
92 767
90 884
After tax
160 695
167 511
135 233
137 116
Living cost
26 891
26 891
26 891
26 891
Free-cash
133 804
140 620
108 342
110 225

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76169
₽84323
₽79738
₽59378
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
70 432
pensions
-
-
-
10 104
total
-
-
-
80 536
Employee
95 822
-
198 711
-
health
1 579
-
2 688
-
income
17 273
-
56 857
-
pensions
9 244
-
12 064
-
total
28 096
-
71 609
-
Employer
95 822
-
198 711
-
pensions
11 314
-
25 511
-
health
1 820
-
3 776
-
total
13 134
-
29 287
-
Corporate
119 044
228 000
-
-
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.

22 619
43 320
-
-
total
22 619
43 320
-
-
Dividends
96 425
184 680
-
-
withholding
12 102
40 785
-
-
total
12 102
40 785
-
-
Income
228 000
228 000
228 000
228 000
Total tax
75 951
84 105
100 896
80 536
After tax
152 049
143 895
127 104
147 464
Living cost
67 726
67 726
67 726
67 726
Free-cash
84 323
76 169
59 378
79 738

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽181701
₽177010
₽171144
₽180625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
34 200
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
43 617
Employee
17 531
-
221 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
22 108
-
pensions

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

1 539
-
3 097
-
total
4 291
-
27 215
-
Employer
17 531
-
221 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
207 029
228 000
-
-
income
20 703
22 800
-
-
total
20 703
22 800
-
-
Dividends
186 327
205 200
-
-
withholding
9 317
10 260
-
-
total
9 317
10 260
-
-
Income
228 000
228 000
228 000
228 000
Total tax
37 751
33 060
34 136
43 617
After tax
190 249
194 940
193 864
184 383
Living cost
13 239
13 239
13 239
13 239
Free-cash
177 010
181 701
180 625
171 144

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57670
₽60209
₽66418
₽89855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
81 353
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
105 621
Employee
93 564
86 180
209 245
-
health
11 673
11 251
12 444
-
income

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

14 106
14 106
39 161
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
63 429
-
Employer
93 564
86 180
209 245
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 456
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 755
-
Corporate
118 054
126 729
-
-
income
23 611
25 347
-
-
total
23 611
25 347
-
-
Dividends
94 443
101 382
-
-
income
20 068
21 543
-
-
withholding
14 166
15 208
-
-
total
34 234
36 751
-
-
Income
228 000
228 000
228 000
228 000
Total tax
111 830
114 369
82 184
105 621
After tax
116 170
113 631
145 816
122 379
Living cost
55 961
55 961
55 961
55 961
Free-cash
60 209
57 670
89 855
66 418

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132807
₽124185
₽110869
₽100827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
24 366
health
-
-
-
30 780
solidarity contribution
-
-
-
3 033
social contributions
-
-
-
34 781
total
-
-
-
92 960
Employee
35 546
-
181 855
-
social contributions
2 310
-
7 742
-
health
4 799
-
24 550
-
solidarity contribution
-
-
2 131
-
income
4 265
-
22 434
-
total
11 374
-
56 857
-
Employer
35 546
-
181 855
-
social contributions
8 886
-
29 778
-
health
3 199
-
16 367
-
total
12 085
-
46 145
-
Corporate
180 369
228 000
-
-
income
34 270
43 320
-
-
total
34 270
43 320
-
-
Dividends
146 099
184 680
-
-
withholding
21 915
27 702
-
-
total
21 915
27 702
-
-
Income
228 000
228 000
228 000
228 000
Total tax
79 644
71 022
103 002
92 960
After tax
148 356
156 978
124 998
135 040
Living cost
24 171
24 171
24 171
24 171
Free-cash
124 185
132 807
100 827
110 869

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
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.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79062
₽73794
₽67358
₽58801
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
municipal
-
-
-
1 419
regional
-
-
-
2 889
national
-
-
-
63 241
social contributions
-
-
-
50 509
total
-
-
-
118 058
Employee
89 690
-
228 000
-
social contributions
30 243
-
66 219
-
regional
846
-
2 615
-
municipal
475
-
1 295
-
national
15 541
-
56 486
-
total
47 105
-
126 615
-
Employer
89 690
-
228 000
-
total
-
-
-
-
Corporate
138 310
228 000
-
-
nationa
33 195
54 721
-
-
municipal
5 395
8 892
-
-
total
38 590
63 613
-
-
Dividends
99 721
164 388
-
-
withholding
25 927
42 741
-
-
total
25 927
42 741
-
-
Income
228 000
228 000
228 000
228 000
Total tax
111 622
106 354
126 615
118 058
After tax
116 378
121 646
101 385
109 942
Living cost
42 584
42 584
42 584
42 584
Free-cash
73 794
79 062
58 801
67 358

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121143
₽118004
₽84960
₽78790
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
71 899
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
12 142
total
-
-
-
120 771
Employee
33 373
-
199 649
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
10 933
-
income
5 594
-
65 865
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
98 590
-
Employer
33 373
-
199 649
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
187 602
228 000
-
-
income
48 776
59 280
-
-
total
48 776
59 280
-
-
Dividends
138 826
168 720
-
-
withholding
20 823
25 308
-
-
total
20 823
25 308
-
-
Income
228 000
228 000
228 000
228 000
Total tax
87 727
84 588
126 941
120 771
After tax
140 273
143 412
101 059
107 229
Living cost
22 269
22 269
22 269
22 269
Free-cash
118 004
121 143
78 790
84 960

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97626
₽104316
₽101195
₽80835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
70 432
pensions
-
-
-
10 104
total
-
-
-
80 536
Employee
64 218
-
198 711
-
health
932
-
2 688
-
income
11 566
-
56 857
-
pensions
5 451
-
12 064
-
total
17 949
-
71 609
-
Employer
64 218
-
198 711
-
pensions
6 952
-
25 511
-
health
1 220
-
3 776
-
total
8 172
-
29 287
-
Corporate
155 611
228 000
-
-
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.

29 566
43 320
-
-
total
29 566
43 320
-
-
Dividends
126 045
184 680
-
-
withholding
21 728
40 785
-
-
total
21 728
40 785
-
-
Income
228 000
228 000
228 000
228 000
Total tax
77 415
84 105
100 896
80 536
After tax
150 585
143 895
127 104
147 464
Living cost
46 269
46 269
46 269
46 269
Free-cash
104 316
97 626
80 835
101 195

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27984
₽60617
₽104366
₽96218
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
city
-
-
-
2 404
pensions
-
-
-
20 975
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.

-
-
-
4 561
regional
-
-
-
12 878
health
-
-
-
513
national
-
-
-
6 029
total
-
-
-
47 360
Employee
89 260
-
205 311
-
city
958
-
2 221
-
regional
2 923
-
11 509
-
health
202
-
462
-
pensions
7 499
-
15 862
-
unemployment
-
-
-
-
national
422
-
5 024
-
total
12 004
-
35 078
-
Employer
89 260
-
205 311
-
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.

1 785
-
4 106
-
unemployment
-
-
-
-
pensions
7 499
-
15 862
-
health
202
-
462
-
total
9 486
-
20 430
-
Corporate
128 273
228 000
-
-
regional
27 130
48 223
-
-
national
10 904
19 380
-
-
total
38 034
67 603
-
-
Dividends
90 240
160 397
-
-
withholding
31 585
56 139
-
-
total
31 585
56 139
-
-
Income
228 000
228 000
228 000
228 000
Total tax
91 109
123 742
55 508
47 360
After tax
136 891
104 258
172 492
180 640
Living cost
76 274
76 274
76 274
76 274
Free-cash
60 617
27 984
96 218
104 366

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽66333
₽82700
₽63590
₽94645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 000
trade
-
-
-
31 055
income

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

-
-
-
76 047
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.

-
-
-
6 894
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.

-
-
-
4 183
total
-
-
-
118 179
Employee

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

60 650
-
228 000
-
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.

6 894
-
6 894
-
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.

393
-
4 183
-
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.

7 132
-
76 047
-
total
14 419
-
87 124
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
167 350
228 000
-
-
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.

1 381
1 881
-
-
income
25 103
34 200
-
-
trade
28 700
39 103
-
-
chamber of commerce
389
475
-
-
total
55 573
75 659
-
-
Dividends
111 777
152 342
-
-
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.

1 517
2 074
-
-
withholding
27 560
37 703
-
-
total
29 077
39 777
-
-
Income
228 000
228 000
228 000
228 000
Total tax
99 069
115 436
87 124
118 179
After tax
128 931
112 564
140 876
109 821
Living cost
46 231
46 231
46 231
46 231
Free-cash
82 700
66 333
94 645
63 590

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80384
₽86346
₽90152
₽83411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
42 678
pensions
-
-
-
35 869
other
-
-
-
7 069
health
-
-
-
11 209
surtax
-
-
-
-
social contributions
-
-
-
6 496
total
-
-
-
103 321
Employee
43 191
-
173 869
-
social contributions
1 231
-
4 954
-
surtax
-
-
-
-
income
2 549
-
37 811
-
pensions
4 884
-
13 165
-
total
8 664
-
55 930
-
Employer
43 191
-
173 869
-
other
1 490
-
7 240
-
social contributions
130
-
521
-
unemployment
1 748
-
7 042
-
pensions
7 095
-
21 969
-
health
3 024
-
17 360
-
total
13 487
-
54 132
-
Corporate
171 320
228 000
-
-
surtax
-
-
-
-
income
47 970
63 840
-
-
total
47 970
63 840
-
-
Dividends
123 351
164 160
-
-
surtax
-
-
-
-
social contributions
21 218
28 236
-
-
withholding
15 788
21 013
-
-
total
37 006
49 249
-
-
Income
228 000
228 000
228 000
228 000
Total tax
107 127
113 089
110 062
103 321
After tax
120 873
114 911
117 938
124 679
Living cost
34 527
34 527
34 527
34 527
Free-cash
86 346
80 384
83 411
90 152

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
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.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83804
₽89414
₽93572
₽86831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
42 678
pensions
-
-
-
35 869
other
-
-
-
7 069
health
-
-
-
11 209
surtax
-
-
-
-
social contributions
-
-
-
6 496
total
-
-
-
103 321
Employee
38 554
-
173 869
-
social contributions
1 099
-
4 954
-
surtax
-
-
-
-
income
1 988
-
37 811
-
pensions
4 361
-
13 165
-
total
7 448
-
55 930
-
Employer
38 554
-
173 869
-
other
1 331
-
7 240
-
social contributions
115
-
521
-
unemployment
1 561
-
7 042
-
pensions
6 335
-
21 969
-
health
2 698
-
17 360
-
total
12 040
-
54 132
-
Corporate
177 405
228 000
-
-
surtax
-
-
-
-
income
49 674
63 840
-
-
total
49 674
63 840
-
-
Dividends
127 731
164 160
-
-
surtax
-
-
-
-
social contributions
21 968
28 236
-
-
withholding
16 349
21 013
-
-
total
38 317
49 249
-
-
Income
228 000
228 000
228 000
228 000
Total tax
107 479
113 089
110 062
103 321
After tax
120 521
114 911
117 938
124 679
Living cost
31 107
31 107
31 107
31 107
Free-cash
89 414
83 804
86 831
93 572

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117701
₽118224
₽125023
₽118845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
34 200
health
-
-
-
15 915
social contributions
-
-
-
31 463
total
-
-
-
81 578
Employee
34 217
-
228 000
-
social contributions
4 723
-
31 463
-
health
2 388
-
15 915
-
income
5 707
-
40 378
-
total
12 818
-
87 756
-
Employer
34 217
-
228 000
-
total
-
-
-
-
Corporate
193 783
228 000
-
-
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%.

9 689
11 401
-
-
total
9 689
11 401
-
-
Dividends
184 094
216 599
-
-
health
12 850
15 118
-
-
social contributions
25 406
29 891
-
-
withholding
27 614
32 490
-
-
total
65 870
77 499
-
-
Income
228 000
228 000
228 000
228 000
Total tax
88 377
88 900
87 756
81 578
After tax
139 623
139 100
140 244
146 422
Living cost
21 399
21 399
21 399
21 399
Free-cash
118 224
117 701
118 845
125 023

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90112
₽88550
₽81225
₽24206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
chamber of commerce
-
-
-
912
income
-
-
-
73 085
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
111 215
Employee
50 434
40 217
188 702
-
other
504
402
1 180
-
health
1 952
1 557
4 562
-
income
5 742
2 967
61 368
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 876
10 250
82 720
-
Employer
50 434
40 217
188 702
-
accident
655
523
1 532
-
other
2 396
1 909
8 361
-
chamber of commerce
201
161
755
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
5 661
-
health
1 906
1 521
4 456
-
total
14 712
11 775
39 297
-
Corporate
162 854
176 009
184 872
-
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.

40 713
44 002
46 217
-
total
40 713
44 002
46 217
-
Dividends
122 140
132 007
-
-
withholding
33 589
36 301
-
-
total
33 589
36 301
-
-
Income
228 000
228 000
228 000
228 000
Total tax
103 890
102 328
168 234
111 215
After tax
124 110
125 672
59 766
116 785
Living cost
35 560
35 560
35 560
35 560
Free-cash
88 550
90 112
24 206
81 225

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
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.
₽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

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
₽88270
₽75479
₽62375
₽40672
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
national
-
-
-
91 498
communal

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

-
-
-
12 171
social contributions
-
-
-
25 160
total
-
-
-
128 829
Employee

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

72 187
-
176 595
-
communal

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

3 765
-
9 212
-
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.

3 392
-
8 298
-
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.

5 414
-
13 245
-
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.

628
-
1 536
-
national
22 193
-
66 836
-
total
35 392
-
99 127
-
Employer

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

72 187
-
176 595
-
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.

938
-
2 296
-
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.

1 053
-
2 578
-
surtax
8 185
-
20 024
-
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.

6 396
-
15 646
-
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.

4 439
-
10 861
-
total
21 011
-
51 405
-
Corporate
134 800
228 000
-
-
surtax
540
977
-
-
income
26 959
48 883
-
-
total
27 499
49 860
-
-
Dividends
107 301
178 140
-
-
withholding

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

31 823
53 074
-
-
total
31 823
53 074
-
-
Income
228 000
228 000
228 000
228 000
Total tax
115 725
102 934
150 532
128 829
After tax
112 275
125 066
77 468
99 171
Living cost
36 796
36 796
36 796
36 796
Free-cash
75 479
88 270
40 672
62 375

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114925
₽108012
₽90944
₽86709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
accident
-
-
-
843
income
-
-
-
72 547
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
100 610
Employee
50 235
-
198 180
-
other
50
-
94
-
income
10 599
-
69 083
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
75 024
-
Employer
50 235
-
198 180
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 764
-
5 144
-
pensions
11 855
-
22 076
-
total
16 013
-
29 821
-
Corporate
161 753
228 000
-
-
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.

24 263
34 200
-
-
total
24 263
34 200
-
-
Dividends
137 491
193 800
-
-
withholding
29 477
42 429
-
-
total
29 477
42 429
-
-
Income
228 000
228 000
228 000
228 000
Total tax
83 542
76 629
104 845
100 610
After tax
144 458
151 371
123 155
127 390
Living cost
36 446
36 446
36 446
36 446
Free-cash
108 012
114 925
86 709
90 944

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74192
₽60311
₽52257
₽61345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
accident
-
-
-
1 923
income
-
-
-
43 070
pensions
-
-
-
34 175
health
-
-
-
16 020
surtax
-
-
-
11 303
communal
-
-
-
14 409
total
-
-
-
120 900
Employee
76 425
-
203 661
-
health
3 401
-
9 064
-
surtax
4 684
-
12 481
-
income
7 382
-
49 633
-
pensions
6 113
-
16 294
-
total
21 580
-
87 472
-
Employer
76 425
-
203 661
-
accident
688
-
1 833
-
pensions
6 113
-
16 294
-
health
2 331
-
6 213
-
total
9 132
-
24 340
-
Corporate
142 444
228 000
-
-
surtax
1 496
2 394
-
-
communal
9 616
15 390
-
-
income
21 367
34 200
-
-
total
32 479
51 984
-
-
Dividends
109 966
176 016
-
-
income
33 160
20 579
-
-
withholding
16 495
26 402
-
-
total
49 655
46 981
-
-
Income
228 000
228 000
228 000
228 000
Total tax
112 846
98 965
111 812
120 900
After tax
115 154
129 035
116 188
107 100
Living cost
54 843
54 843
54 843
54 843
Free-cash
60 311
74 192
61 345
52 257

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
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.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120745
₽117537
₽84562
₽78392
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
71 899
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
12 142
total
-
-
-
120 771
Employee
33 986
-
199 649
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
10 933
-
income
5 697
-
65 865
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
98 590
-
Employer
33 986
-
199 649
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
186 859
228 000
-
-
income
48 583
59 280
-
-
total
48 583
59 280
-
-
Dividends
138 277
168 720
-
-
withholding
20 741
25 308
-
-
total
20 741
25 308
-
-
Income
228 000
228 000
228 000
228 000
Total tax
87 796
84 588
126 941
120 771
After tax
140 204
143 412
101 059
107 229
Living cost
22 667
22 667
22 667
22 667
Free-cash
117 537
120 745
78 392
84 562

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92656
₽90417
₽82043
₽73532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
municipal
-
-
-
1 419
regional
-
-
-
3 603
national
-
-
-
63 241
social contributions
-
-
-
50 509
total
-
-
-
118 772
Employee
55 981
-
228 000
-
social contributions
18 877
-
66 219
-
regional
754
-
3 283
-
municipal
297
-
1 295
-
national
8 869
-
56 486
-
total
28 797
-
127 283
-
Employer
55 981
-
228 000
-
total
-
-
-
-
Corporate
172 019
228 000
-
-
nationa
41 284
54 721
-
-
municipal
8 549
11 332
-
-
total
49 833
66 053
-
-
Dividends
122 186
161 948
-
-
withholding
31 768
42 106
-
-
total
31 768
42 106
-
-
Income
228 000
228 000
228 000
228 000
Total tax
110 398
108 159
127 283
118 772
After tax
117 602
119 841
100 717
109 228
Living cost
27 185
27 185
27 185
27 185
Free-cash
90 417
92 656
73 532
82 043

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127193
₽116568
₽105255
₽95213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
24 366
health
-
-
-
30 780
solidarity contribution
-
-
-
3 033
social contributions
-
-
-
34 781
total
-
-
-
92 960
Employee
43 801
-
181 855
-
social contributions
2 847
-
7 742
-
health
5 913
-
24 550
-
solidarity contribution
-
-
2 131
-
income
5 256
-
22 434
-
total
14 016
-
56 857
-
Employer
43 801
-
181 855
-
social contributions
10 950
-
29 778
-
health
3 942
-
16 367
-
total
14 892
-
46 145
-
Corporate
169 306
228 000
-
-
income
32 168
43 320
-
-
total
32 168
43 320
-
-
Dividends
137 138
184 680
-
-
withholding
20 571
27 702
-
-
total
20 571
27 702
-
-
Income
228 000
228 000
228 000
228 000
Total tax
81 647
71 022
103 002
92 960
After tax
146 353
156 978
124 998
135 040
Living cost
29 785
29 785
29 785
29 785
Free-cash
116 568
127 193
95 213
105 255

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93583
₽93085
₽84787
₽27619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
chamber of commerce
-
-
-
912
income
-
-
-
73 085
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
111 016
Employee
44 114
40 217
188 886
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 967
61 456
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 250
82 808
-
Employer
44 114
40 217
188 886
-
accident
573
523
1 532
-
other
2 095
1 909
8 369
-
chamber of commerce
176
161
756
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
5 667
-
health
1 668
1 521
4 456
-
total
12 695
11 576
39 113
-
Corporate
171 190
176 208
185 055
-
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.

42 797
44 051
46 263
-
total
42 797
44 051
46 263
-
Dividends
128 393
132 156
-
-
withholding
35 309
36 343
-
-
total
35 309
36 343
-
-
Income
228 000
228 000
228 000
228 000
Total tax
102 718
102 220
168 184
111 016
After tax
125 282
125 780
59 816
116 984
Living cost
32 197
32 197
32 197
32 197
Free-cash
93 085
93 583
27 619
84 787

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
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.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽202451
₽199799
₽211571
₽168251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
228 000
microenterprise

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

-
-
-
2 280
total
-
-
-
2 280
Employee
17 686
-
228 000
-
income
3 537
-
45 600
-
total
3 537
-
45 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

210 314
228 000
-
-
total
-
-
-
-
Dividends
210 314
228 000
-
-
withholding
10 515
11 400
-
-
total
10 515
11 400
-
-
Income
228 000
228 000
228 000
228 000
Total tax
14 052
11 400
45 600
2 280
After tax
213 948
216 600
182 400
225 720
Living cost
14 149
14 149
14 149
14 149
Free-cash
199 799
202 451
168 251
211 571

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129909
₽121469
₽78681
₽73729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 000
income
-
-
-
57 833
pensions
-
-
-
41 638
unemployment
-
-
-
343
health
-
-
-
22 436
total
-
-
-
122 250
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.

44 626
-
197 282
-
health
2 882
-
12 745
-
income
7 696
-
52 883
-
pensions
6 917
-
30 579
-
unemployment
63
-
276
-
total
17 558
-
96 483
-
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.

44 626
-
197 282
-
unemployment
27
-
119
-
pensions
3 949
-
17 460
-
health
2 972
-
13 140
-
total
6 948
-
30 719
-
Corporate
176 426
228 000
-
-
income
33 520
43 320
-
-
total
33 520
43 320
-
-
Dividends
142 905
184 680
-
-
withholding
21 436
27 702
-
-
total
21 436
27 702
-
-
Income
228 000
228 000
228 000
228 000
Total tax
79 462
71 022
127 202
122 250
After tax
148 538
156 978
100 798
105 750
Living cost
27 069
27 069
27 069
27 069
Free-cash
121 469
129 909
73 729
78 681

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95131
₽47085
₽113982
₽171128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
44 442
social contributions
-
-
-
25 992
total
-
-
-
70 434
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
77 391
228 000
-
-
income
17 026
50 160
-
-
total
17 026
50 160
-
-
Dividends
60 365
177 840
-
-
income
13 280
39 125
-
-
total
13 280
39 125
-
-
Income
228 000
228 000
228 000
228 000
Total tax
137 331
89 285
13 288
70 434
After tax
90 669
138 715
214 712
157 566
Living cost
43 584
43 584
43 584
43 584
Free-cash
47 085
95 131
171 128
113 982

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98030
₽97016
₽87227
₽69385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 000
income
-
-
-
29 888
surtax
-
-
-
-
social contributions

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

-
-
-
79 230
total
-
-
-
109 118
Employee
46 415
-
184 242
-
social contributions
5 106
-
20 266
-
surtax
-
-
270
-
income
9 654
-
62 667
-
total
14 760
-
83 203
-
Employer
46 415
-
184 242
-
social contributions
11 023
-
43 757
-
total
11 023
-
43 757
-
Corporate
170 562
228 000
-
-
surtax
-
-
-
-
income
35 818
47 880
-
-
total
35 818
47 880
-
-
Dividends
134 744
180 120
-
-
withholding
37 728
50 435
-
-
total
37 728
50 435
-
-
Income
228 000
228 000
228 000
228 000
Total tax
99 329
98 315
126 960
109 118
After tax
128 671
129 685
101 040
118 882
Living cost
31 655
31 655
31 655
31 655
Free-cash
97 016
98 030
69 385
87 227

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66169
₽73107
₽75937
₽69196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
42 678
pensions
-
-
-
35 869
other
-
-
-
7 069
health
-
-
-
11 209
surtax
-
-
-
-
social contributions
-
-
-
6 496
total
-
-
-
103 321
Employee
63 207
-
173 869
-
social contributions
1 800
-
4 954
-
surtax
-
-
-
-
income
5 515
-
37 811
-
pensions
7 149
-
13 165
-
total
14 464
-
55 930
-
Employer
63 207
-
173 869
-
other
2 181
-
7 240
-
social contributions
190
-
521
-
unemployment
2 561
-
7 042
-
pensions
10 386
-
21 969
-
health
4 424
-
17 360
-
total
19 742
-
54 132
-
Corporate
145 052
228 000
-
-
surtax
-
-
-
-
income
40 614
63 840
-
-
total
40 614
63 840
-
-
Dividends
104 438
164 160
-
-
surtax
-
-
-
-
social contributions
17 964
28 236
-
-
withholding
13 367
21 013
-
-
total
31 331
49 249
-
-
Income
228 000
228 000
228 000
228 000
Total tax
106 151
113 089
110 062
103 321
After tax
121 849
114 911
117 938
124 679
Living cost
48 742
48 742
48 742
48 742
Free-cash
73 107
66 169
69 196
75 937

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174865
₽171473
₽135850
₽141908
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
11 655
social contributions
-
-
-
50 159
total
-
-
-
61 814
Employee
32 444
-
197 402
-
income
-
-
12 329
-
social contributions
2 109
-
12 831
-
total
2 109
-
25 160
-
Employer
32 444
-
197 402
-
social contributions
5 029
-
30 596
-
total
5 029
-
30 596
-
Corporate
190 527
228 000
-
-
income
19 053
22 799
-
-
total
19 053
22 799
-
-
Dividends
171 473
205 201
-
-
total
-
-
-
-
Income
228 000
228 000
228 000
228 000
Total tax
26 191
22 799
55 756
61 814
After tax
201 809
205 201
172 244
166 186
Living cost
30 336
30 336
30 336
30 336
Free-cash
171 473
174 865
141 908
135 850

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8027
₽4571
₽82949
₽8027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
municipal
-
-
-
48 983
pensions
-
-
-
875
national
-
-
-
28 400
labour market
-
-
-
18 170
total
-
-
-
96 428
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
8 027
-
-
-
income
1 766
-
-
-
total
1 766
-
-
-
Dividends
6 261
-
-
-
withholding
1 690
-
-
-
total
1 690
-
-
-
Income
228 000
228 000
228 000
228 000
Total tax
174 806
171 350
171 350
96 428
After tax
53 194
56 650
56 650
131 572
Living cost
48 623
48 623
48 623
48 623
Free-cash
4 571
8 027
8 027
82 949

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3278
₽15134
₽133931
₽103901
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
accident
-
-
-
253
income
-
-
-
65 336
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
72 323
Employee
34 209
-
208 362
-
health
3 917
-
23 858
-
income
4 693
-
51 204
-
pensions
3 852
-
7 654
-
total
12 462
-
82 716
-
Employer
34 209
-
208 362
-
accident
571
-
3 479
-
unemployment
838
-
5 105
-
pensions
5 562
-
11 053
-
total
6 971
-
19 637
-
Corporate
186 820
228 000
-
-
income

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

168 137
205 200
-
-
total
168 137
205 200
-
-
Dividends
18 682
22 800
-
-
withholding
3 550
4 332
-
-
total
3 550
4 332
-
-
Income
228 000
228 000
228 000
228 000
Total tax
191 120
209 532
102 353
72 323
After tax
36 880
18 468
125 647
155 677
Living cost
21 746
21 746
21 746
21 746
Free-cash
15 134
-3 278
103 901
133 931

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101003
₽104120
₽101013
₽74896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
228 000
municipal
-
-
-
40 484
health
-
-
-
3 089
national
-
-
-
44 669
total
-
-
-
88 242
Employee
53 095
-
191 806
-
health
396
-
2 532
-
municipal
8 697
-
31 222
-
pensions
3 583
-
12 946
-
unemployment
797
-
2 877
-
national
877
-
28 587
-
total
14 350
-
78 164
-
Employer
53 095
-
191 806
-
accident
54
-
192
-
unemployment
345
-
1 247
-
pensions
9 212
-
33 279
-
health
408
-
1 477
-
total
10 019
-
36 195
-
Corporate
164 887
228 000
-
-
income
32 978
45 601
-
-
total
32 978
45 601
-
-
Dividends

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

98 931
136 799
-
-
national
9 981
18 026
-
-
municipal
17 807
24 625
-
-
total
27 788
42 651
-
-
Income
228 000
228 000
228 000
228 000
Total tax
85 135
88 252
114 359
88 242
After tax
142 865
139 748
113 641
139 758
Living cost
38 745
38 745
38 745
38 745
Free-cash
104 120
101 003
74 896
101 013

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142799
₽137309
₽129958
₽128088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
52 535
health
-
-
-
5 814
social contributions
-
-
-
16 328
total
-
-
-
74 677
Employee
77 601
77 601
215 330
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
3 660
-
income
8 449
7 184
51 530
-
total
11 984
14 945
63 877
-
Employer
77 601
77 601
215 330
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
3 983
-
total
3 587
7 877
12 670
-
Corporate
189 063
142 522
-
-
income
23 632
17 814
-
-
total
23 632
17 814
-
-
Dividends
165 430
124 707
-
-
withholding
28 123
21 200
-
-
total
28 123
21 200
-
-
Income
228 000
228 000
228 000
228 000
Total tax
67 326
61 836
76 547
74 677
After tax
160 674
166 164
151 453
153 323
Living cost
23 365
23 365
23 365
23 365
Free-cash
137 309
142 799
128 088
129 958

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
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.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172785
₽167649
₽178265
₽158023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
228 000
income
-
-
-
23 612
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
33 712
Employee

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

23 164
-
218 137
-
health
1 969
-
8 139
-
income
1 584
-
21 110
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
44 091
-
Employer

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

23 164
-
218 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
202 451
228 000
-
-
income
18 220
20 520
-
-
total
18 220
20 520
-
-
Dividends
184 231
207 480
-
-
withholding
16 581
18 672
-
-
total
16 581
18 672
-
-
Income
228 000
228 000
228 000
228 000
Total tax
44 328
39 192
53 954
33 712
After tax
183 672
188 808
174 046
194 288
Living cost
16 023
16 023
16 023
16 023
Free-cash
167 649
172 785
158 023
178 265

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123620
₽119165
₽99639
₽95404
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
accident
-
-
-
843
income
-
-
-
72 547
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
100 610
Employee
37 315
-
198 180
-
other
36
-
94
-
income
7 194
-
69 083
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
75 024
-
Employer
37 315
-
198 180
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 076
-
total
11 897
-
29 821
-
Corporate
178 788
228 000
-
-
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.

26 817
34 200
-
-
total
26 817
34 200
-
-
Dividends
151 971
193 800
-
-
withholding
32 808
42 429
-
-
total
32 808
42 429
-
-
Income
228 000
228 000
228 000
228 000
Total tax
81 084
76 629
104 845
100 610
After tax
146 916
151 371
123 155
127 390
Living cost
27 751
27 751
27 751
27 751
Free-cash
119 165
123 620
95 404
99 639

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽139516
₽139062
₽143826
₽143628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
77 951
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
81 418
Employee
4 198
-
225 738
-
health
210
-
503
-
income
812
-
77 845
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
79 354
-
Employer
4 198
-
225 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
222 858
228 000
-
-
income
49 029
50 160
-
-
total
49 029
50 160
-
-
Dividends
173 829
177 840
-
-
withholding
34 766
35 568
-
-
total
34 766
35 568
-
-
Income
228 000
228 000
228 000
228 000
Total tax
86 182
85 728
81 616
81 418
After tax
141 818
142 272
146 384
146 582
Living cost
2 756
2 756
2 756
2 756
Free-cash
139 062
139 516
143 628
143 826

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147277
₽142312
₽129570
₽129571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 000
income
-
-
-
52 784
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
80 977
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.

26 319
-
214 649
-
health
1 355
-
3 841
-
income
3 628
-
52 784
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
67 626
-
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.

26 319
-
214 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
196 970
228 000
-
-
income
29 546
34 200
-
-
total
29 546
34 200
-
-
Dividends
167 425
193 800
-
-
withholding
25 114
29 070
-
-
total
25 114
29 070
-
-
Income
228 000
228 000
228 000
228 000
Total tax
68 235
63 270
80 976
80 977
After tax
159 765
164 730
147 024
147 023
Living cost
17 453
17 453
17 453
17 453
Free-cash
142 312
147 277
129 571
129 570

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102478
₽102116
₽91675
₽73833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 000
income
-
-
-
29 888
surtax
-
-
-
-
social contributions

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

-
-
-
79 230
total
-
-
-
109 118
Employee
39 169
-
184 242
-
social contributions
4 309
-
20 266
-
surtax
-
-
270
-
income
7 653
-
62 667
-
total
11 962
-
83 203
-
Employer
39 169
-
184 242
-
social contributions
9 302
-
43 757
-
total
9 302
-
43 757
-
Corporate
179 530
228 000
-
-
surtax
-
-
-
-
income
37 701
47 880
-
-
total
37 701
47 880
-
-
Dividends
141 829
180 120
-
-
withholding
39 712
50 435
-
-
total
39 712
50 435
-
-
Income
228 000
228 000
228 000
228 000
Total tax
98 677
98 315
126 960
109 118
After tax
129 323
129 685
101 040
118 882
Living cost
27 207
27 207
27 207
27 207
Free-cash
102 116
102 478
73 833
91 675

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115904
₽109302
₽91923
₽87688
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
accident
-
-
-
843
income
-
-
-
72 547
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
100 610
Employee
48 739
-
198 180
-
other
48
-
94
-
income
10 180
-
69 083
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
75 024
-
Employer
48 739
-
198 180
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 076
-
total
15 539
-
29 821
-
Corporate
163 722
228 000
-
-
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.

24 557
34 200
-
-
total
24 557
34 200
-
-
Dividends
139 164
193 800
-
-
withholding
29 862
42 429
-
-
total
29 862
42 429
-
-
Income
228 000
228 000
228 000
228 000
Total tax
83 231
76 629
104 845
100 610
After tax
144 769
151 371
123 155
127 390
Living cost
35 467
35 467
35 467
35 467
Free-cash
109 302
115 904
87 688
91 923

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177569
₽171415
₽167012
₽176493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
34 200
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
43 617
Employee
23 001
-
221 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
22 108
-
pensions

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

2 019
-
3 097
-
total
5 630
-
27 215
-
Employer
23 001
-
221 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
200 486
228 000
-
-
income
20 049
22 800
-
-
total
20 049
22 800
-
-
Dividends
180 437
205 200
-
-
withholding
9 022
10 260
-
-
total
9 022
10 260
-
-
Income
228 000
228 000
228 000
228 000
Total tax
39 214
33 060
34 136
43 617
After tax
188 786
194 940
193 864
184 383
Living cost
17 371
17 371
17 371
17 371
Free-cash
171 415
177 569
176 493
167 012

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78297
₽91497
₽75930
₽101914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 000
trade
-
-
-
25 984
income

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

-
-
-
76 047
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.

-
-
-
6 894
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.

-
-
-
4 183
total
-
-
-
113 108
Employee

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

50 213
-
228 000
-
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.

6 894
-
6 894
-
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.

228
-
4 183
-
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.

4 129
-
76 047
-
total
11 251
-
87 124
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
177 787
228 000
-
-
surtax

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

1 467
1 881
-
-
income
26 668
34 200
-
-
trade
25 513
32 718
-
-
chamber of commerce
414
488
-
-
total
54 062
69 287
-
-
Dividends
123 725
158 713
-
-
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.

1 680
2 160
-
-
withholding
30 548
39 294
-
-
total
32 228
41 454
-
-
Income
228 000
228 000
228 000
228 000
Total tax
97 541
110 741
87 124
113 108
After tax
130 459
117 259
140 876
114 892
Living cost
38 962
38 962
38 962
38 962
Free-cash
91 497
78 297
101 914
75 930

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
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.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102113
₽104341
₽56792
₽56792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
74 519
social contributions
-
-
-
39 202
total
-
-
-
113 721
Employee
78 941
-
228 000
-
income
14 896
-
74 519
-
social contributions
6 558
-
39 202
-
total
21 454
-
113 721
-
Employer
78 941
-
228 000
-
total
-
-
-
-
Corporate
149 059
228 000
-
-
income
18 632
28 501
-
-
total
18 632
28 501
-
-
Dividends
130 427
199 499
-
-
withholding
26 086
39 899
-
-
total
26 086
39 899
-
-
Income
228 000
228 000
228 000
228 000
Total tax
66 172
68 400
113 721
113 721
After tax
161 828
159 600
114 279
114 279
Living cost
57 487
57 487
57 487
57 487
Free-cash
104 341
102 113
56 792
56 792

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106233
₽109762
₽150425
₽122413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 000
income
-
-
-
34 200
health

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

-
-
-
6 741
total
-
-
-
40 941
Employee
46 295
-
223 358
-
income
5 023
-
59 669
-
social contributions
4 638
-
4 642
-
total
9 661
-
64 311
-
Employer
46 295
-
223 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
177 066
228 000
-
-
income
61 973
79 801
-
-
total
61 973
79 801
-
-
Dividends
115 093
148 199
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
228 000
228 000
228 000
228 000
Total tax
81 604
85 133
68 953
40 941
After tax
146 396
142 867
159 047
187 059
Living cost
36 634
36 634
36 634
36 634
Free-cash
109 762
106 233
122 413
150 425

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106280
₽112277
₽109849
₽89489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
income
-
-
-
70 432
pensions
-
-
-
10 104
total
-
-
-
80 536
Employee
51 632
-
198 711
-
health
674
-
2 688
-
income
9 403
-
56 857
-
pensions
3 941
-
12 064
-
total
14 018
-
71 609
-
Employer
51 632
-
198 711
-
pensions
5 216
-
25 511
-
health
981
-
3 776
-
total
6 197
-
29 287
-
Corporate
170 170
228 000
-
-
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.

32 331
43 320
-
-
total
32 331
43 320
-
-
Dividends
137 839
184 680
-
-
withholding
25 562
40 785
-
-
total
25 562
40 785
-
-
Income
228 000
228 000
228 000
228 000
Total tax
78 108
84 105
100 896
80 536
After tax
149 892
143 895
127 104
147 464
Living cost
37 615
37 615
37 615
37 615
Free-cash
112 277
106 280
89 489
109 849

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5432
₽14802
₽131777
₽101747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
accident
-
-
-
253
income
-
-
-
65 336
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
72 323
Employee
37 595
-
208 362
-
health
4 304
-
23 858
-
income
5 158
-
51 204
-
pensions
4 233
-
7 654
-
total
13 695
-
82 716
-
Employer
37 595
-
208 362
-
accident
628
-
3 479
-
unemployment
921
-
5 105
-
pensions
6 113
-
11 053
-
total
7 662
-
19 637
-
Corporate
182 744
228 000
-
-
income

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

164 469
205 200
-
-
total
164 469
205 200
-
-
Dividends
18 275
22 800
-
-
withholding
3 472
4 332
-
-
total
3 472
4 332
-
-
Income
228 000
228 000
228 000
228 000
Total tax
189 298
209 532
102 353
72 323
After tax
38 702
18 468
125 647
155 677
Living cost
23 900
23 900
23 900
23 900
Free-cash
14 802
-5 432
101 747
131 777

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160789
₽157735
₽131635
₽153828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
228 000
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
38 351
pensions
-
-
-
29 696
unemployment
-
-
-
1 937
total
-
-
-
82 734
Employee

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

21 810
-
228 000
-
work injury
109
-
403
-
income
2 181
-
38 351
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
60 541
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
206 190
228 000
-
-
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%.

20 619
22 800
-
-
total
20 619
22 800
-
-
Dividends
185 571
205 200
-
-
withholding
27 836
30 780
-
-
total
27 836
30 780
-
-
Income
228 000
228 000
228 000
228 000
Total tax
56 634
53 580
60 541
82 734
After tax
171 366
174 420
167 459
145 266
Living cost
13 631
13 631
13 631
13 631
Free-cash
157 735
160 789
153 828
131 635

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79891
₽75300
₽66876
₽58586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
228 000
municipal
-
-
-
1 597
regional
-
-
-
5 574
national
-
-
-
63 241
social contributions
-
-
-
50 509
total
-
-
-
120 921
Employee
85 040
-
228 000
-
social contributions
28 675
-
66 219
-
regional
1 284
-
5 051
-
municipal
508
-
1 455
-
national
14 371
-
56 486
-
total
44 838
-
129 211
-
Employer
85 040
-
228 000
-
total
-
-
-
-
Corporate
142 960
228 000
-
-
nationa
34 311
54 721
-
-
municipal
6 891
10 989
-
-
total
41 202
65 710
-
-
Dividends
101 758
162 291
-
-
withholding
26 457
42 196
-
-
total
26 457
42 196
-
-
Income
228 000
228 000
228 000
228 000
Total tax
112 497
107 906
129 211
120 921
After tax
115 503
120 094
98 789
107 079
Living cost
40 203
40 203
40 203
40 203
Free-cash
75 300
79 891
58 586
66 876

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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