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
₽ 229000
per

Your estimated
City
free-cash

Dresden , Germany
₽111465
₽85937
₽82522
₽96700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 000
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.

-
-
-
6 646
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.

-
-
-
77 177
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.

-
-
-
4 244
trade
-
-
-
28 943
total
-
-
-
117 010
Employee

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

37 211
-
229 000
-
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.

57
-
4 244
-
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.

1 039
-
77 177
-
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.

6 646
-
6 646
-
total
7 742
-
88 067
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
191 789
229 000
-
-
chamber of commerce
423
476
-
-
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.

1 582
1 889
-
-
trade
30 206
36 068
-
-
income
28 768
34 351
-
-
total
60 979
72 784
-
-
Dividends
130 811
156 217
-
-
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.

1 778
2 127
-
-
withholding
32 333
38 684
-
-
total
34 111
40 811
-
-
Income
229 000
229 000
229 000
229 000
Total tax
102 832
113 595
88 067
117 010
After tax
126 168
115 405
140 933
111 990
Living cost
29 468
29 468
29 468
29 468
Free-cash
96 700
85 937
111 465
82 522

Estimated living cost  is ₽29468 per week

₽18536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
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.
₽6945
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80338
₽91675
₽79109
₽90822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
social contributions
-
-
-
2 462
pensions
-
-
-
27 480
national
-
-
-
43 280
municipal
-
-
-
25 448
total
-
-
-
98 670
Employee
79 403
-
197 968
-
municipal
9 808
-
26 335
-
national
15 198
-
45 222
-
pensions
3 176
-
7 919
-
total
28 182
-
79 476
-
Employer
79 403
-
197 968
-
pensions
6 352
-
15 837
-
social contributions
854
-
2 128
-
total
7 206
-
17 965
-
Corporate
137 151
229 000
-
-
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%.

27 430
45 800
-
-
total
27 430
45 800
-
-
Dividends
109 721
183 200
-
-
withholding
24 139
40 304
-
-
total
24 139
40 304
-
-
Income
229 000
229 000
229 000
229 000
Total tax
86 957
86 104
97 441
98 670
After tax
142 043
142 896
131 559
130 330
Living cost
51 221
51 221
51 221
51 221
Free-cash
90 822
91 675
80 338
79 109

Estimated living cost  is ₽51221 per week

₽34815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79856
₽162961
₽63734
₽154980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 000
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.

-
-
-
37 275
income
-
-
-
49 355
surtax
-
-
-
58 396
microenterprise
-
-
-
-
total
-
-
-
145 026
Employee
28 428
-
181 142
-
surtax
-
-
26 266
-
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.

3 127
-
12 754
-
income
5 060
-
42 027
-
total
8 187
-
81 047
-
Employer
28 428
-
181 142
-
surtax
-
-
19 926
-
social contributions

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

6 848
-
27 931
-
total
6 848
-
47 857
-
Corporate
193 724
229 000
-
-
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%.

38 745
45 799
-
-
total
38 745
45 799
-
-
Dividends

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

154 980
183 201
-
-
total
-
-
-
-
Income
229 000
229 000
229 000
229 000
Total tax
53 780
45 799
128 904
145 026
After tax
175 220
183 201
100 096
83 974
Living cost
20 240
20 240
20 240
20 240
Free-cash
154 980
162 961
79 856
63 734

Estimated living cost  is ₽20240 per week

₽12912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105683
₽73479
₽81661
₽67520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
health
-
-
-
11 997
income
-
-
-
83 188
pensions
-
-
-
11 399
total
-
-
-
106 584
Employee
83 080
83 080
210 920
-
income

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

13 599
13 599
41 087
-
pensions
14 954
11 399
11 399
-
health
12 752
10 847
11 997
-
total
41 305
35 845
64 483
-
Employer
83 080
83 080
210 920
-
unemployment
2 991
2 991
3 716
-
health
5 775
5 775
7 176
-
pensions
5 782
5 782
7 187
-
total
14 548
14 548
18 079
-
Corporate
132 391
131 372
-
-
income
26 478
26 274
-
-
total
26 478
26 274
-
-
Dividends
105 913
105 099
-
-
income
22 507
22 334
-
-
withholding
15 887
15 765
-
-
total
38 394
38 099
-
-
Income
229 000
229 000
229 000
229 000
Total tax
120 725
114 766
82 562
106 584
After tax
108 275
114 234
146 438
122 416
Living cost
40 755
40 755
40 755
40 755
Free-cash
67 520
73 479
105 683
81 661

Estimated living cost  is ₽40755 per week

₽28882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73070
₽84614
₽74050
₽83707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
other
-
-
-
10 294
health
-
-
-
5 528
accident
-
-
-
177
pensions
-
-
-
9 576
national
-
-
-
28 231
unemployment
-
-
-
89
municipal
-
-
-
60 635
total
-
-
-
114 530
Employee
57 595
-
201 166
-
municipal
17 175
-
59 988
-
national
-
-
27 688
-
total
17 175
-
87 676
-
Employer
57 595
-
201 166
-
other
6 693
-
10 294
-
unemployment
1 520
-
2 339
-
health
3 542
-
5 448
-
accident
115
-
177
-
pensions
6 226
-
9 576
-
total
18 096
-
27 834
-
Corporate
153 309
229 000
-
-
income
33 728
50 380
-
-
total
33 728
50 380
-
-
Dividends
119 581
178 620
-
-
withholding
35 874
53 586
-
-
total
35 874
53 586
-
-
Income
229 000
229 000
229 000
229 000
Total tax
104 873
103 966
115 510
114 530
After tax
124 127
125 034
113 490
114 470
Living cost
40 420
40 420
40 420
40 420
Free-cash
83 707
84 614
73 070
74 050

Estimated living cost  is ₽40420 per week

₽26789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102714
₽76006
₽72484
₽89679
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 000
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.

-
-
-
6 646
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.

-
-
-
77 177
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.

-
-
-
4 244
trade
-
-
-
30 230
total
-
-
-
118 297
Employee

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

49 337
-
229 000
-
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.

233
-
4 244
-
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.

4 239
-
77 177
-
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.

6 646
-
6 646
-
total
11 118
-
88 067
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 663
229 000
-
-
chamber of commerce
402
473
-
-
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.

1 483
1 889
-
-
trade
29 554
37 670
-
-
income
26 949
34 351
-
-
total
58 388
74 383
-
-
Dividends
121 275
154 618
-
-
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.

1 647
2 107
-
-
withholding
29 949
38 285
-
-
total
31 596
40 392
-
-
Income
229 000
229 000
229 000
229 000
Total tax
101 102
114 775
88 067
118 297
After tax
127 898
114 225
140 933
110 703
Living cost
38 219
38 219
38 219
38 219
Free-cash
89 679
76 006
102 714
72 484

Estimated living cost  is ₽38219 per week

₽25561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120223
₽135315
₽122080
₽131281
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
social contributions
-
-
-
15 741
health
-
-
-
5 840
income
-
-
-
53 784
total
-
-
-
75 365
Employee
74 810
74 810
216 617
-
social contributions
3 635
6 209
8 374
-
income
7 856
6 925
52 783
-
health
744
1 272
3 683
-
total
12 235
14 406
64 840
-
Employer
74 810
74 810
216 617
-
health
810
1 385
4 008
-
social contributions
3 635
6 209
8 374
-
total
4 445
7 594
12 382
-
Corporate
180 764
146 597
-
-
income
22 596
18 324
-
-
total
22 596
18 324
-
-
Dividends
158 168
128 273
-
-
withholding
26 888
21 806
-
-
total
26 888
21 806
-
-
Income
229 000
229 000
229 000
229 000
Total tax
66 164
62 130
77 222
75 365
After tax
162 836
166 870
151 778
153 635
Living cost
31 555
31 555
31 555
31 555
Free-cash
131 281
135 315
120 223
122 080

Estimated living cost  is ₽31555 per week

₽21571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6990
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115076
₽110841
₽140962
₽111210
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
health
-
-
-
16 030
income
-
-
-
27 995
pensions
-
-
-
22 900
unemployment
-
-
-
3 435
total
-
-
-
70 360
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.

25 519
10 156
191 632
-
income
3 120
1 242
23 427
-
pensions
2 552
1 016
19 163
-
health
1 786
711
13 414
-
unemployment
383
152
2 874
-
total
7 841
3 121
58 878
-
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.

25 519
10 156
191 632
-
pensions
4 976
1 980
37 368
-
total
4 976
1 980
37 368
-
Corporate
198 505
216 863
-
-
income
17 865
19 518
-
-
total
17 865
19 518
-
-
Dividends
180 639
197 346
-
-
social contributions
35 109
38 366
-
-
withholding
34 321
37 496
-
-
total
69 430
75 862
-
-
Income
229 000
229 000
229 000
229 000
Total tax
100 112
100 481
96 246
70 360
After tax
128 888
128 519
132 754
158 640
Living cost
17 678
17 678
17 678
17 678
Free-cash
111 210
110 841
115 076
140 962

Estimated living cost  is ₽17678 per week

₽12064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108495
₽159702
₽99246
₽153658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
health
-
-
-
29 770
income
-
-
-
30 686
pensions
-
-
-
45 799
total
-
-
-
106 255
Employee
27 599
-
171 149
-
income
3 107
-
32 997
-
pensions
552
-
3 423
-
unemployment
441
-
2 738
-
total
4 100
-
39 158
-
Employer
27 599
-
171 149
-
unemployment
222
-
1 370
-
health
3 587
-
22 249
-
pensions
5 520
-
34 229
-
total
9 329
-
57 848
-
Corporate
192 072
229 000
-
-
income
38 414
45 799
-
-
total
38 414
45 799
-
-
Dividends
153 658
183 201
-
-
total
-
-
-
-
Income
229 000
229 000
229 000
229 000
Total tax
51 843
45 799
97 006
106 255
After tax
177 157
183 201
131 994
122 745
Living cost
23 499
23 499
23 499
23 499
Free-cash
153 658
159 702
108 495
99 246

Estimated living cost  is ₽23499 per week

₽16117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104859
-₽2972
₽134820
₽15249
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
other
-
-
-
363
health
-
-
-
2 133
accident
-
-
-
247
income
-
-
-
65 846
pensions
-
-
-
4 070
total
-
-
-
72 659
Employee
33 854
-
209 588
-
income
4 644
-
51 747
-
pensions
3 812
-
7 463
-
health
3 876
-
23 998
-
total
12 332
-
83 208
-
Employer
33 854
-
209 588
-
unemployment
829
-
5 135
-
accident
565
-
3 500
-
pensions
5 505
-
10 777
-
total
6 899
-
19 412
-
Corporate
188 246
229 000
-
-
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.

169 422
206 100
-
-
total
169 422
206 100
-
-
Dividends
18 825
22 900
-
-
withholding
3 577
4 351
-
-
total
3 577
4 351
-
-
Income
229 000
229 000
229 000
229 000
Total tax
192 230
210 451
102 620
72 659
After tax
36 770
18 549
126 380
156 341
Living cost
21 521
21 521
21 521
21 521
Free-cash
15 249
-2 972
104 859
134 820

Estimated living cost  is ₽21521 per week

₽15773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175218
₽209568
₽218728
₽208072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
229 000
microenterprise

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

-
-
-
2 290
total
-
-
-
2 290
Employee
9 977
-
229 000
-
income
1 995
-
45 800
-
total
1 995
-
45 800
-
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%.

219 023
229 000
-
-
total
-
-
-
-
Dividends
219 023
229 000
-
-
withholding
10 951
11 450
-
-
total
10 951
11 450
-
-
Income
229 000
229 000
229 000
229 000
Total tax
12 946
11 450
45 800
2 290
After tax
216 054
217 550
183 200
226 710
Living cost
7 982
7 982
7 982
7 982
Free-cash
208 072
209 568
175 218
218 728

Estimated living cost  is ₽7982 per week

₽4947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽663
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111295
₽142324
₽113161
₽135752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
other
-
-
-
7 027
health
-
-
-
6 510
income
-
-
-
40 873
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.

-
-
-
35 506
total
-
-
-
89 916
Employee
35 324
-
191 372
-
income
6 081
-
40 249
-
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.

2 472
-
10 355
-
health
495
-
2 071
-
unemployment
353
-
1 479
-
total
9 401
-
54 154
-
Employer
35 324
-
191 372
-
other
1 767
-
7 396
-
unemployment
353
-
1 479
-
health
495
-
2 071
-
accident
282
-
1 531
-
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.

6 006
-
25 151
-
total
8 903
-
37 628
-
Corporate
184 773
229 000
-
-
income
38 802
48 090
-
-
total
38 802
48 090
-
-
Dividends
145 971
180 910
-
-
withholding
10 219
12 663
-
-
total
10 219
12 663
-
-
Income
229 000
229 000
229 000
229 000
Total tax
67 325
60 753
91 782
89 916
After tax
161 675
168 247
137 218
139 084
Living cost
25 923
25 923
25 923
25 923
Free-cash
135 752
142 324
111 295
113 161

Estimated living cost  is ₽25923 per week

₽18316
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62502
₽79012
₽82900
₽86779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
income
-
-
-
71 721
pensions
-
-
-
9 861
total
-
-
-
81 582
Employee
91 283
-
199 498
-
income
16 455
-
58 121
-
health
1 504
-
2 662
-
pensions
8 806
-
11 696
-
total
26 765
-
72 479
-
Employer
91 283
-
199 498
-
health
1 734
-
3 790
-
pensions
10 778
-
25 711
-
total
12 512
-
29 501
-
Corporate
125 206
229 000
-
-
income

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

23 789
43 511
-
-
total
23 789
43 511
-
-
Dividends
101 417
185 489
-
-
withholding
14 637
41 959
-
-
total
14 637
41 959
-
-
Income
229 000
229 000
229 000
229 000
Total tax
77 703
85 470
101 980
81 582
After tax
151 297
143 530
127 020
147 418
Living cost
64 518
64 518
64 518
64 518
Free-cash
86 779
79 012
62 502
82 900

Estimated living cost  is ₽64518 per week

₽48344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7580
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.
₽8069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽182729
₽183204
₽173102
₽178741
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
health
-
-
-
3 858
income
-
-
-
34 350
pensions

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

-
-
-
4 965
unemployment
-
-
-
134
total
-
-
-
43 307
Employee
16 673
-
222 419
-
income
1 667
-
22 242
-
accident

We are using the highest rate at 1.1%.

184
-
369
-
pensions

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

1 464
-
2 945
-
health
767
-
1 543
-
total
4 082
-
27 099
-
Employer
16 673
-
222 419
-
unemployment
100
-
201
-
health
1 151
-
2 315
-
accident

We are using the highest rate at 1.1%.

184
-
369
-
pensions

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

1 838
-
3 696
-
total
3 273
-
6 581
-
Corporate
209 056
229 000
-
-
income
20 906
22 900
-
-
total
20 906
22 900
-
-
Dividends
188 150
206 100
-
-
withholding
9 407
10 305
-
-
total
9 407
10 305
-
-
Income
229 000
229 000
229 000
229 000
Total tax
37 668
33 205
33 680
43 307
After tax
191 332
195 795
195 320
185 693
Living cost
12 591
12 591
12 591
12 591
Free-cash
178 741
183 204
182 729
173 102

Estimated living cost  is ₽12591 per week

₽7351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92491
₽60287
₽68469
₽62734
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
health
-
-
-
11 997
income
-
-
-
83 188
pensions
-
-
-
11 399
total
-
-
-
106 584
Employee
90 198
83 080
210 920
-
income

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

13 599
13 599
41 087
-
pensions
11 399
11 399
11 399
-
health
11 253
10 847
11 997
-
total
36 251
35 845
64 483
-
Employer
90 198
83 080
210 920
-
unemployment
3 247
2 991
3 716
-
health
6 268
5 775
7 176
-
pensions
6 277
5 782
7 187
-
total
15 792
14 548
18 079
-
Corporate
123 010
131 372
-
-
income
24 603
26 274
-
-
total
24 603
26 274
-
-
Dividends
98 407
105 099
-
-
income
20 912
22 334
-
-
withholding
14 761
15 765
-
-
total
35 673
38 099
-
-
Income
229 000
229 000
229 000
229 000
Total tax
112 319
114 766
82 562
106 584
After tax
116 681
114 234
146 438
122 416
Living cost
53 947
53 947
53 947
53 947
Free-cash
62 734
60 287
92 491
68 469

Estimated living cost  is ₽53947 per week

₽39795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101754
₽133680
₽111872
₽125123
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
social contributions
-
-
-
34 515
health
-
-
-
30 915
income
-
-
-
24 536
solidarity contribution
-
-
-
3 176
total
-
-
-
93 142
Employee
35 274
-
182 981
-
social contributions
2 293
-
7 683
-
solidarity contribution
-
-
2 267
-
income
4 233
-
22 589
-
health
4 762
-
24 702
-
total
11 288
-
57 241
-
Employer
35 274
-
182 981
-
health
3 175
-
16 468
-
social contributions
8 818
-
29 551
-
total
11 993
-
46 019
-
Corporate
181 733
229 000
-
-
income
34 529
43 510
-
-
total
34 529
43 510
-
-
Dividends
147 204
185 490
-
-
withholding
22 081
27 824
-
-
total
22 081
27 824
-
-
Income
229 000
229 000
229 000
229 000
Total tax
79 891
71 334
103 260
93 142
After tax
149 109
157 666
125 740
135 858
Living cost
23 986
23 986
23 986
23 986
Free-cash
125 123
133 680
101 754
111 872

Estimated living cost  is ₽23986 per week

₽16661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61697
₽81130
₽69949
₽76049
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
social contributions
-
-
-
48 692
national
-
-
-
64 922
regional
-
-
-
2 943
municipal
-
-
-
1 442
total
-
-
-
117 999
Employee
86 463
-
229 000
-
social contributions
29 155
-
63 837
-
municipal
458
-
1 322
-
national
14 982
-
58 411
-
regional
816
-
2 681
-
total
45 411
-
126 251
-
Employer
86 463
-
229 000
-
total
-
-
-
-
Corporate
142 537
229 000
-
-
nationa
34 209
54 960
-
-
municipal
5 559
8 930
-
-
total
39 768
63 890
-
-
Dividends
102 769
165 110
-
-
withholding
26 720
42 928
-
-
total
26 720
42 928
-
-
Income
229 000
229 000
229 000
229 000
Total tax
111 899
106 818
126 251
117 999
After tax
117 101
122 182
102 749
111 001
Living cost
41 052
41 052
41 052
41 052
Free-cash
76 049
81 130
61 697
69 949

Estimated living cost  is ₽41052 per week

₽28616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80190
₽122573
₽86137
₽119545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
other
-
-
-
-
health
-
-
-
9 218
income
-
-
-
73 454
pensions
-
-
-
25 969
surtax
-
-
-
12 532
unemployment
-
-
-
222
total
-
-
-
121 395
Employee
32 172
-
201 669
-
surtax
105
-
11 369
-
income
5 393
-
67 634
-
other
-
-
-
-
pensions
2 145
-
8 661
-
health
822
-
3 310
-
unemployment
2 239
-
9 037
-
total
10 704
-
100 011
-
Employer
32 172
-
201 669
-
other
-
-
-
-
unemployment
1 019
-
4 115
-
health
1 464
-
5 908
-
pensions
4 289
-
17 308
-
total
6 772
-
27 331
-
Corporate
190 056
229 000
-
-
income
49 414
59 540
-
-
total
49 414
59 540
-
-
Dividends
140 642
169 460
-
-
withholding
21 097
25 419
-
-
total
21 097
25 419
-
-
Income
229 000
229 000
229 000
229 000
Total tax
87 987
84 959
127 342
121 395
After tax
141 013
144 041
101 658
107 605
Living cost
21 468
21 468
21 468
21 468
Free-cash
119 545
122 573
80 190
86 137

Estimated living cost  is ₽21468 per week

₽13127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82943
₽99453
₽103341
₽105825
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
income
-
-
-
71 721
pensions
-
-
-
9 861
total
-
-
-
81 582
Employee
61 175
-
199 498
-
income
11 018
-
58 121
-
health
888
-
2 662
-
pensions
5 192
-
11 696
-
total
17 098
-
72 479
-
Employer
61 175
-
199 498
-
health
1 162
-
3 790
-
pensions
6 622
-
25 711
-
total
7 784
-
29 501
-
Corporate
160 040
229 000
-
-
income

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

30 409
43 511
-
-
total
30 409
43 511
-
-
Dividends
129 632
185 489
-
-
withholding
23 807
41 959
-
-
total
23 807
41 959
-
-
Income
229 000
229 000
229 000
229 000
Total tax
79 098
85 470
101 980
81 582
After tax
149 902
143 530
127 020
147 418
Living cost
44 077
44 077
44 077
44 077
Free-cash
105 825
99 453
82 943
103 341

Estimated living cost  is ₽44077 per week

₽33022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
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.
₽7289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽94690
₽26062
₽103117
₽59715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
4 580
health
-
-
-
515
pensions
-
-
-
21 068
city
-
-
-
2 414
national
-
-
-
5 860
regional
-
-
-
12 793
total
-
-
-
47 230
Employee
92 045
-
206 070
-
national
436
-
4 831
-
city
988
-
2 228
-
pensions
7 733
-
16 078
-
health
208
-
465
-
regional
3 014
-
11 391
-
unemployment
-
-
-
-
total
12 379
-
34 993
-
Employer
92 045
-
206 070
-
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.

1 840
-
4 121
-
unemployment
-
-
-
-
health
208
-
465
-
pensions
7 733
-
16 078
-
total
9 781
-
20 664
-
Corporate
126 162
229 000
-
-
regional
26 684
48 434
-
-
national
10 723
19 466
-
-
total
37 407
67 900
-
-
Dividends
88 755
161 100
-
-
withholding
31 065
56 385
-
-
total
31 065
56 385
-
-
Income
229 000
229 000
229 000
229 000
Total tax
90 632
124 285
55 657
47 230
After tax
138 368
104 715
173 343
181 770
Living cost
78 653
78 653
78 653
78 653
Free-cash
59 715
26 062
94 690
103 117

Estimated living cost  is ₽78653 per week

₽51147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽966
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19482
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽96365
₽68480
₽64848
₽84259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 000
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.

-
-
-
6 646
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.

-
-
-
77 177
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.

-
-
-
4 244
trade
-
-
-
31 517
total
-
-
-
119 584
Employee

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

58 468
-
229 000
-
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.

378
-
4 244
-
income

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

6 875
-
77 177
-
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.

6 646
-
6 646
-
total
13 899
-
88 067
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 532
229 000
-
-
chamber of commerce
388
471
-
-
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.

1 407
1 889
-
-
trade
29 246
39 273
-
-
income
25 579
34 351
-
-
total
56 620
75 984
-
-
Dividends
113 912
153 017
-
-
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.

1 545
2 084
-
-
withholding
28 109
37 884
-
-
total
29 654
39 968
-
-
Income
229 000
229 000
229 000
229 000
Total tax
100 173
115 952
88 067
119 584
After tax
128 827
113 048
140 933
109 416
Living cost
44 568
44 568
44 568
44 568
Free-cash
84 259
68 480
96 365
64 848

Estimated living cost  is ₽44568 per week

₽32551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3565
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.
₽7874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83800
₽82132
₽91148
₽87877
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
other
-
-
-
7 099
social contributions
-
-
-
6 525
health
-
-
-
11 482
income
-
-
-
44 122
pensions
-
-
-
35 339
surtax
-
-
-
-
total
-
-
-
104 567
Employee
41 638
-
174 230
-
surtax
-
-
-
-
social contributions
1 187
-
4 964
-
income
2 457
-
38 825
-
pensions
4 708
-
13 359
-
total
8 352
-
57 148
-
Employer
41 638
-
174 230
-
other
1 436
-
7 327
-
unemployment
1 686
-
7 056
-
health
2 915
-
17 594
-
pensions
6 840
-
22 268
-
social contributions
126
-
522
-
total
13 003
-
54 767
-
Corporate
174 359
229 000
-
-
surtax
-
-
-
-
income
48 821
64 119
-
-
total
48 821
64 119
-
-
Dividends
125 538
164 881
-
-
social contributions
21 593
28 360
-
-
surtax
-
-
-
-
withholding
16 069
21 104
-
-
total
37 662
49 464
-
-
Income
229 000
229 000
229 000
229 000
Total tax
107 838
113 583
111 915
104 567
After tax
121 162
115 417
117 085
124 433
Living cost
33 285
33 285
33 285
33 285
Free-cash
87 877
82 132
83 800
91 148

Estimated living cost  is ₽33285 per week

₽20988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87097
₽85429
₽94445
₽90835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
other
-
-
-
7 099
social contributions
-
-
-
6 525
health
-
-
-
11 482
income
-
-
-
44 122
pensions
-
-
-
35 339
surtax
-
-
-
-
total
-
-
-
104 567
Employee
37 167
-
174 230
-
surtax
-
-
-
-
social contributions
1 060
-
4 964
-
income
1 916
-
38 825
-
pensions
4 204
-
13 359
-
total
7 180
-
57 148
-
Employer
37 167
-
174 230
-
other
1 283
-
7 327
-
unemployment
1 505
-
7 056
-
health
2 601
-
17 594
-
pensions
6 107
-
22 268
-
social contributions
111
-
522
-
total
11 607
-
54 767
-
Corporate
180 225
229 000
-
-
surtax
-
-
-
-
income
50 463
64 119
-
-
total
50 463
64 119
-
-
Dividends
129 763
164 881
-
-
social contributions
22 317
28 360
-
-
surtax
-
-
-
-
withholding
16 610
21 104
-
-
total
38 927
49 464
-
-
Income
229 000
229 000
229 000
229 000
Total tax
108 177
113 583
111 915
104 567
After tax
120 823
115 417
117 085
124 433
Living cost
29 988
29 988
29 988
29 988
Free-cash
90 835
85 429
87 097
94 445

Estimated living cost  is ₽29988 per week

₽17391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120017
₽119082
₽126432
₽119586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
social contributions
-
-
-
31 602
health
-
-
-
15 985
income
-
-
-
34 351
total
-
-
-
81 938
Employee
32 986
-
229 000
-
social contributions
4 553
-
31 602
-
income
5 502
-
40 766
-
health
2 302
-
15 985
-
total
12 357
-
88 353
-
Employer
32 986
-
229 000
-
total
-
-
-
-
Corporate
196 014
229 000
-
-
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%.

9 802
11 450
-
-
total
9 802
11 450
-
-
Dividends
186 212
217 550
-
-
social contributions
25 697
30 021
-
-
withholding
27 931
32 632
-
-
health
12 997
15 185
-
-
total
66 625
77 838
-
-
Income
229 000
229 000
229 000
229 000
Total tax
88 784
89 288
88 353
81 938
After tax
140 216
139 712
140 647
147 062
Living cost
20 630
20 630
20 630
20 630
Free-cash
119 586
119 082
120 017
126 432

Estimated living cost  is ₽20630 per week

₽13806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1272
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.
₽5075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25573
₽91874
₽82868
₽90368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
health
-
-
-
8 694
income
-
-
-
75 056
chamber of commerce
-
-
-
916
pensions
-
-
-
21 027
surtax
-
-
-
192
unemployment
-
-
-
5 967
total
-
-
-
111 852
Employee
48 620
38 771
190 490
-
income
5 535
2 860
63 353
-
other
486
388
1 137
-
pensions
4 979
3 969
11 639
-
health
1 881
1 501
4 398
-
unemployment
1 459
1 163
3 410
-
total
14 340
9 881
83 937
-
Employer
48 620
38 771
190 490
-
other
2 310
1 841
8 395
-
unemployment
1 459
1 163
3 410
-
health
1 837
1 466
4 296
-
surtax
192
192
192
-
accident
631
504
1 477
-
pensions
6 102
4 867
14 264
-
payroll
1 459
1 163
5 714
-
chamber of commerce
194
155
762
-
total
14 184
11 351
38 510
-
Corporate
166 197
178 879
186 797
-
income

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

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

41 549
44 719
46 700
-
total
41 549
44 719
46 700
-
Dividends
124 648
134 160
-
-
withholding
34 279
36 895
-
-
total
34 279
36 895
-
-
Income
229 000
229 000
229 000
229 000
Total tax
104 352
102 846
169 147
111 852
After tax
124 648
126 154
59 853
117 148
Living cost
34 280
34 280
34 280
34 280
Free-cash
90 368
91 874
25 573
82 868

Estimated living cost  is ₽34280 per week

₽22864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41934
₽89631
₽64181
₽77889
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
social contributions
-
-
-
24 255
communal

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

-
-
-
12 285
national
-
-
-
92 807
total
-
-
-
129 347
Employee

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

69 590
-
177 367
-
national
21 395
-
67 527
-
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.

5 219
-
13 302
-
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.

3 270
-
8 338
-
communal

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

3 630
-
9 251
-
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.

606
-
1 543
-
total
34 120
-
99 961
-
Employer

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

69 590
-
177 367
-
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.

1 015
-
2 590
-
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.

4 280
-
10 909
-
surtax
7 891
-
20 113
-
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.

905
-
2 306
-
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.

6 166
-
15 715
-
total
20 257
-
51 633
-
Corporate
139 153
229 000
-
-
surtax
556
995
-
-
income
27 830
49 794
-
-
total
28 386
50 789
-
-
Dividends
110 767
178 211
-
-
withholding

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

32 876
53 108
-
-
total
32 876
53 108
-
-
Income
229 000
229 000
229 000
229 000
Total tax
115 639
103 897
151 594
129 347
After tax
113 361
125 103
77 406
99 653
Living cost
35 472
35 472
35 472
35 472
Free-cash
77 889
89 631
41 934
64 181

Estimated living cost  is ₽35472 per week

₽22849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88652
₽116813
₽92735
₽110148
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
other
-
-
-
90
accident
-
-
-
812
income
-
-
-
74 079
pensions
-
-
-
25 518
unemployment
-
-
-
631
total
-
-
-
101 130
Employee
48 427
-
200 253
-
income
10 218
-
70 739
-
other
48
-
90
-
pensions
2 276
-
4 239
-
unemployment
751
-
1 398
-
total
13 293
-
76 466
-
Employer
48 427
-
200 253
-
other
386
-
722
-
unemployment
2 664
-
4 959
-
accident
958
-
1 785
-
pensions
11 428
-
21 281
-
total
15 436
-
28 747
-
Corporate
165 136
229 000
-
-
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.

24 771
34 351
-
-
total
24 771
34 351
-
-
Dividends
140 366
194 649
-
-
withholding
30 217
42 701
-
-
total
30 217
42 701
-
-
Income
229 000
229 000
229 000
229 000
Total tax
83 717
77 052
105 213
101 130
After tax
145 283
151 948
123 787
127 870
Living cost
35 135
35 135
35 135
35 135
Free-cash
110 148
116 813
88 652
92 735

Estimated living cost  is ₽35135 per week

₽25873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63025
₽75927
₽53897
₽62546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
health
-
-
-
16 090
accident
-
-
-
1 931
income
-
-
-
44 063
pensions
-
-
-
34 325
communal
-
-
-
14 472
surtax
-
-
-
11 352
total
-
-
-
122 233
Employee
73 675
-
204 556
-
surtax
4 516
-
12 536
-
income
7 116
-
50 658
-
pensions
5 893
-
16 365
-
health
3 279
-
9 102
-
total
20 804
-
88 661
-
Employer
73 675
-
204 556
-
health
2 247
-
6 238
-
accident
663
-
1 841
-
pensions
5 893
-
16 365
-
total
8 803
-
24 444
-
Corporate
146 522
229 000
-
-
surtax
1 538
2 404
-
-
income
21 979
34 351
-
-
communal
9 890
15 458
-
-
total
33 407
52 213
-
-
Dividends
113 115
176 787
-
-
income
33 603
21 473
-
-
withholding
16 967
26 517
-
-
total
50 570
47 990
-
-
Income
229 000
229 000
229 000
229 000
Total tax
113 584
100 203
113 105
122 233
After tax
115 416
128 797
115 895
106 767
Living cost
52 870
52 870
52 870
52 870
Free-cash
62 546
75 927
63 025
53 897

Estimated living cost  is ₽52870 per week

₽39660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79806
₽122189
₽85753
₽119096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
other
-
-
-
-
health
-
-
-
9 218
income
-
-
-
73 454
pensions
-
-
-
25 969
surtax
-
-
-
12 532
unemployment
-
-
-
222
total
-
-
-
121 395
Employee
32 763
-
201 669
-
surtax
116
-
11 369
-
income
5 492
-
67 634
-
other
-
-
-
-
pensions
2 186
-
8 661
-
health
836
-
3 310
-
unemployment
2 280
-
9 037
-
total
10 910
-
100 011
-
Employer
32 763
-
201 669
-
other
-
-
-
-
unemployment
1 039
-
4 115
-
health
1 490
-
5 908
-
pensions
4 368
-
17 308
-
total
6 897
-
27 331
-
Corporate
189 339
229 000
-
-
income
49 228
59 540
-
-
total
49 228
59 540
-
-
Dividends
140 112
169 460
-
-
withholding
21 017
25 419
-
-
total
21 017
25 419
-
-
Income
229 000
229 000
229 000
229 000
Total tax
88 052
84 959
127 342
121 395
After tax
140 948
144 041
101 658
107 605
Living cost
21 852
21 852
21 852
21 852
Free-cash
119 096
122 189
79 806
85 753

Estimated living cost  is ₽21852 per week

₽13193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6253
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75869
₽94160
₽84077
₽92001
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
social contributions
-
-
-
48 692
national
-
-
-
64 922
regional
-
-
-
3 660
municipal
-
-
-
1 442
total
-
-
-
118 716
Employee
53 967
-
229 000
-
social contributions
18 198
-
63 837
-
municipal
286
-
1 322
-
national
8 550
-
58 411
-
regional
726
-
3 354
-
total
27 760
-
126 924
-
Employer
53 967
-
229 000
-
total
-
-
-
-
Corporate
175 033
229 000
-
-
nationa
42 009
54 960
-
-
municipal
8 699
11 382
-
-
total
50 708
66 342
-
-
Dividends
124 325
162 658
-
-
withholding
32 324
42 291
-
-
total
32 324
42 291
-
-
Income
229 000
229 000
229 000
229 000
Total tax
110 792
108 633
126 924
118 716
After tax
118 208
120 367
102 076
110 284
Living cost
26 207
26 207
26 207
26 207
Free-cash
92 001
94 160
75 869
84 077

Estimated living cost  is ₽26207 per week

₽16298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96183
₽128109
₽106301
₽117565
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
social contributions
-
-
-
34 515
health
-
-
-
30 915
income
-
-
-
24 536
solidarity contribution
-
-
-
3 176
total
-
-
-
93 142
Employee
43 466
-
182 981
-
social contributions
2 825
-
7 683
-
solidarity contribution
-
-
2 267
-
income
5 216
-
22 589
-
health
5 868
-
24 702
-
total
13 909
-
57 241
-
Employer
43 466
-
182 981
-
health
3 912
-
16 468
-
social contributions
10 867
-
29 551
-
total
14 779
-
46 019
-
Corporate
170 755
229 000
-
-
income
32 443
43 510
-
-
total
32 443
43 510
-
-
Dividends
138 311
185 490
-
-
withholding
20 747
27 824
-
-
total
20 747
27 824
-
-
Income
229 000
229 000
229 000
229 000
Total tax
81 878
71 334
103 260
93 142
After tax
147 122
157 666
125 740
135 858
Living cost
29 557
29 557
29 557
29 557
Free-cash
117 565
128 109
96 183
106 301

Estimated living cost  is ₽29557 per week

₽21981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5428
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28861
₽95221
₽86302
₽94739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
health
-
-
-
8 694
income
-
-
-
75 056
chamber of commerce
-
-
-
916
pensions
-
-
-
21 027
surtax
-
-
-
-
unemployment
-
-
-
5 967
total
-
-
-
111 660
Employee
42 527
38 771
190 669
-
income
3 788
2 860
63 442
-
other
425
388
1 137
-
pensions
4 355
3 969
11 639
-
health
1 645
1 501
4 398
-
unemployment
1 276
1 163
3 410
-
total
11 489
9 881
84 026
-
Employer
42 527
38 771
190 669
-
other
2 020
1 841
8 402
-
unemployment
1 276
1 163
3 410
-
health
1 608
1 466
4 296
-
surtax
-
-
-
-
accident
552
504
1 477
-
pensions
5 337
4 867
14 264
-
payroll
1 276
1 163
5 720
-
chamber of commerce
170
155
762
-
total
12 239
11 159
38 331
-
Corporate
174 234
179 071
186 976
-
income

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

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

43 558
44 767
46 744
-
total
43 558
44 767
46 744
-
Dividends
130 676
134 304
-
-
withholding
35 937
36 934
-
-
total
35 937
36 934
-
-
Income
229 000
229 000
229 000
229 000
Total tax
103 223
102 741
169 101
111 660
After tax
125 777
126 259
59 899
117 340
Living cost
31 038
31 038
31 038
31 038
Free-cash
94 739
95 221
28 861
86 302

Estimated living cost  is ₽31038 per week

₽18619
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170762
₽205112
₽214272
₽202779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
229 000
microenterprise

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

-
-
-
2 290
total
-
-
-
2 290
Employee
15 548
-
229 000
-
income
3 110
-
45 800
-
total
3 110
-
45 800
-
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%.

213 452
229 000
-
-
total
-
-
-
-
Dividends
213 452
229 000
-
-
withholding
10 673
11 450
-
-
total
10 673
11 450
-
-
Income
229 000
229 000
229 000
229 000
Total tax
13 783
11 450
45 800
2 290
After tax
215 217
217 550
183 200
226 710
Living cost
12 438
12 438
12 438
12 438
Free-cash
202 779
205 112
170 762
214 272

Estimated living cost  is ₽12438 per week

₽8417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74180
₽131571
₽79152
₽123432
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 000
health
-
-
-
22 533
income
-
-
-
59 056
pensions
-
-
-
41 821
unemployment
-
-
-
343
total
-
-
-
123 753
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.

43 021
-
198 150
-
income
7 419
-
54 084
-
pensions
6 669
-
30 714
-
health
2 779
-
12 800
-
unemployment
61
-
277
-
total
16 928
-
97 875
-
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.

43 021
-
198 150
-
unemployment
26
-
118
-
health
2 865
-
13 197
-
pensions
3 807
-
17 535
-
total
6 698
-
30 850
-
Corporate
179 281
229 000
-
-
income
34 063
43 510
-
-
total
34 063
43 510
-
-
Dividends
145 218
185 490
-
-
withholding
21 784
27 824
-
-
total
21 784
27 824
-
-
Income
229 000
229 000
229 000
229 000
Total tax
79 473
71 334
128 725
123 753
After tax
149 527
157 666
100 275
105 247
Living cost
26 095
26 095
26 095
26 095
Free-cash
123 432
131 571
74 180
79 152

Estimated living cost  is ₽26095 per week

₽17908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170921
₽94815
₽113748
₽45749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
social contributions
-
-
-
26 106
income
-
-
-
44 637
total
-
-
-
70 743
Employee
63 820
-
-
-
social contributions
5 233
-
746
-
income
14 077
-
-
-
total
19 310
-
746
-
Employer
63 820
-
-
-
social contributions
89 986
-
12 824
-
total
89 986
-
12 824
-
Corporate
75 195
229 000
-
-
income
16 543
50 380
-
-
total
16 543
50 380
-
-
Dividends
58 652
178 620
-
-
income
12 903
39 296
-
-
total
12 903
39 296
-
-
Income
229 000
229 000
229 000
229 000
Total tax
138 742
89 676
13 570
70 743
After tax
90 258
139 324
215 430
158 257
Living cost
44 509
44 509
44 509
44 509
Free-cash
45 749
94 815
170 921
113 748

Estimated living cost  is ₽44509 per week

₽28879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70164
₽99739
₽88427
₽98758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 000
social contributions

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

-
-
-
79 577
income
-
-
-
30 480
surtax
-
-
-
-
total
-
-
-
110 057
Employee
44 745
-
185 051
-
surtax
-
-
425
-
social contributions
4 922
-
20 356
-
income
9 307
-
63 590
-
total
14 229
-
84 371
-
Employer
44 745
-
185 051
-
social contributions
10 627
-
43 949
-
total
10 627
-
43 949
-
Corporate
173 628
229 000
-
-
surtax
-
-
-
-
income
36 463
48 090
-
-
total
36 463
48 090
-
-
Dividends
137 166
180 910
-
-
withholding
38 407
50 655
-
-
total
38 407
50 655
-
-
Income
229 000
229 000
229 000
229 000
Total tax
99 726
98 745
128 320
110 057
After tax
129 274
130 255
100 680
118 943
Living cost
30 516
30 516
30 516
30 516
Free-cash
98 758
99 739
70 164
88 427

Estimated living cost  is ₽30516 per week

₽22832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70096
₽68428
₽77444
₽75113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
other
-
-
-
7 099
social contributions
-
-
-
6 525
health
-
-
-
11 482
income
-
-
-
44 122
pensions
-
-
-
35 339
surtax
-
-
-
-
total
-
-
-
104 567
Employee
60 933
-
174 230
-
surtax
-
-
-
-
social contributions
1 735
-
4 964
-
income
5 317
-
38 825
-
pensions
6 892
-
13 359
-
total
13 944
-
57 148
-
Employer
60 933
-
174 230
-
other
2 103
-
7 327
-
unemployment
2 468
-
7 056
-
health
4 265
-
17 594
-
pensions
10 012
-
22 268
-
social contributions
183
-
522
-
total
19 031
-
54 767
-
Corporate
149 036
229 000
-
-
surtax
-
-
-
-
income
41 730
64 119
-
-
total
41 730
64 119
-
-
Dividends
107 306
164 881
-
-
social contributions
18 457
28 360
-
-
surtax
-
-
-
-
withholding
13 736
21 104
-
-
total
32 193
49 464
-
-
Income
229 000
229 000
229 000
229 000
Total tax
106 898
113 583
111 915
104 567
After tax
122 102
115 417
117 085
124 433
Living cost
46 989
46 989
46 989
46 989
Free-cash
75 113
68 428
70 096
77 444

Estimated living cost  is ₽46989 per week

₽31801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143508
₽176856
₽137422
₽173588
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
income
-
-
-
11 954
social contributions
-
-
-
50 380
total
-
-
-
62 334
Employee
31 277
-
198 270
-
income
-
-
12 630
-
social contributions
2 033
-
12 888
-
total
2 033
-
25 518
-
Employer
31 277
-
198 270
-
social contributions
4 848
-
30 730
-
total
4 848
-
30 730
-
Corporate
192 875
229 000
-
-
income
19 287
22 900
-
-
total
19 287
22 900
-
-
Dividends
173 587
206 100
-
-
total
-
-
-
-
Income
229 000
229 000
229 000
229 000
Total tax
26 168
22 900
56 248
62 334
After tax
202 832
206 100
172 752
166 666
Living cost
29 244
29 244
29 244
29 244
Free-cash
173 588
176 856
143 508
137 422

Estimated living cost  is ₽29244 per week

₽18909
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2204
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.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17715
₽17715
₽84994
₽10013
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
labour market
-
-
-
18 253
pensions
-
-
-
841
national
-
-
-
28 779
municipal
-
-
-
49 430
total
-
-
-
97 303
Employee
197 122
197 122
197 122
-
labour market
15 747
15 747
15 747
-
municipal
41 976
41 976
41 976
-
national
24 082
24 082
24 082
-
pensions
280
280
280
-
total
82 085
82 085
82 085
-
Employer
197 122
197 122
197 122
-
national
24 124
24 124
24 124
-
labour market
15 770
15 770
15 770
-
pensions
560
560
560
-
municipal
42 043
42 043
42 043
-
total
82 497
82 497
82 497
-
Corporate
17 714
-
-
-
income
3 897
-
-
-
total
3 897
-
-
-
Dividends
13 817
-
-
-
withholding
3 805
-
-
-
total
3 805
-
-
-
Income
229 000
229 000
229 000
229 000
Total tax
172 284
164 582
164 582
97 303
After tax
56 716
64 418
64 418
131 697
Living cost
46 703
46 703
46 703
46 703
Free-cash
10 013
17 715
17 715
84 994

Estimated living cost  is ₽46703 per week

₽31964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽718
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105176
-₽2655
₽135137
₽15297
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
other
-
-
-
363
health
-
-
-
2 133
accident
-
-
-
247
income
-
-
-
65 846
pensions
-
-
-
4 070
total
-
-
-
72 659
Employee
33 355
-
209 588
-
income
4 576
-
51 747
-
pensions
3 756
-
7 463
-
health
3 819
-
23 998
-
total
12 151
-
83 208
-
Employer
33 355
-
209 588
-
unemployment
817
-
5 135
-
accident
557
-
3 500
-
pensions
5 423
-
10 777
-
total
6 797
-
19 412
-
Corporate
188 847
229 000
-
-
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.

169 963
206 100
-
-
total
169 963
206 100
-
-
Dividends
18 885
22 900
-
-
withholding
3 588
4 351
-
-
total
3 588
4 351
-
-
Income
229 000
229 000
229 000
229 000
Total tax
192 499
210 451
102 620
72 659
After tax
36 501
18 549
126 380
156 341
Living cost
21 204
21 204
21 204
21 204
Free-cash
15 297
-2 655
105 176
135 137

Estimated living cost  is ₽21204 per week

₽15434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75748
₽102566
₽101978
₽105572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
229 000
health
-
-
-
3 120
national
-
-
-
45 892
municipal
-
-
-
40 659
total
-
-
-
89 671
Employee
51 185
-
192 650
-
municipal
8 384
-
31 354
-
national
846
-
29 741
-
pensions
3 454
-
13 005
-
health
382
-
2 561
-
unemployment
768
-
2 889
-
total
13 834
-
79 550
-
Employer
51 185
-
192 650
-
unemployment
332
-
1 252
-
health
393
-
1 483
-
accident
52
-
192
-
pensions
8 880
-
33 424
-
total
9 657
-
36 351
-
Corporate
168 157
229 000
-
-
income
33 631
45 799
-
-
total
33 631
45 799
-
-
Dividends

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

100 895
137 401
-
-
national
10 794
18 552
-
-
municipal
18 161
24 732
-
-
total
28 955
43 284
-
-
Income
229 000
229 000
229 000
229 000
Total tax
86 077
89 083
115 901
89 671
After tax
142 923
139 917
113 099
139 329
Living cost
37 351
37 351
37 351
37 351
Free-cash
105 572
102 566
75 748
101 978

Estimated living cost  is ₽37351 per week

₽24398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽129253
₽144345
₽131110
₽139050
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
social contributions
-
-
-
15 741
health
-
-
-
5 840
income
-
-
-
53 784
total
-
-
-
75 365
Employee
74 810
74 810
216 617
-
social contributions
2 828
6 209
8 374
-
income
8 146
6 925
52 783
-
health
580
1 272
3 683
-
total
11 554
14 406
64 840
-
Employer
74 810
74 810
216 617
-
health
630
1 385
4 008
-
social contributions
2 828
6 209
8 374
-
total
3 458
7 594
12 382
-
Corporate
191 464
146 597
-
-
income
23 933
18 324
-
-
total
23 933
18 324
-
-
Dividends
167 531
128 273
-
-
withholding
28 480
21 806
-
-
total
28 480
21 806
-
-
Income
229 000
229 000
229 000
229 000
Total tax
67 425
62 130
77 222
75 365
After tax
161 575
166 870
151 778
153 635
Living cost
22 525
22 525
22 525
22 525
Free-cash
139 050
144 345
129 253
131 110

Estimated living cost  is ₽22525 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160528
₽174189
₽180040
₽169238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
229 000
health
-
-
-
3 521
income
-
-
-
23 776
pensions
-
-
-
6 189
unemployment
-
-
-
28
total
-
-
-
33 514
Employee

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

22 331
-
219 492
-
income
1 527
-
21 363
-
pensions
3 349
-
13 847
-
health
1 898
-
7 846
-
unemployment
111
-
462
-
total
6 885
-
43 518
-
Employer

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

22 331
-
219 492
-
unemployment
111
-
462
-
health
960
-
3 969
-
pensions
1 228
-
5 077
-
total
2 299
-
9 508
-
Corporate
204 371
229 000
-
-
income
18 394
20 609
-
-
total
18 394
20 609
-
-
Dividends
185 977
208 391
-
-
withholding
16 738
18 756
-
-
total
16 738
18 756
-
-
Income
229 000
229 000
229 000
229 000
Total tax
44 316
39 365
53 026
33 514
After tax
184 684
189 635
175 974
195 486
Living cost
15 446
15 446
15 446
15 446
Free-cash
169 238
174 189
160 528
180 040

Estimated living cost  is ₽15446 per week

₽9855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97034
₽125195
₽101117
₽120897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
other
-
-
-
90
accident
-
-
-
812
income
-
-
-
74 079
pensions
-
-
-
25 518
unemployment
-
-
-
631
total
-
-
-
101 130
Employee
35 973
-
200 253
-
income
6 935
-
70 739
-
other
35
-
90
-
pensions
1 691
-
4 239
-
unemployment
558
-
1 398
-
total
9 219
-
76 466
-
Employer
35 973
-
200 253
-
other
288
-
722
-
unemployment
1 979
-
4 959
-
accident
713
-
1 785
-
pensions
8 489
-
21 281
-
total
11 469
-
28 747
-
Corporate
181 558
229 000
-
-
income

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

27 234
34 351
-
-
total
27 234
34 351
-
-
Dividends
154 325
194 649
-
-
withholding
33 428
42 701
-
-
total
33 428
42 701
-
-
Income
229 000
229 000
229 000
229 000
Total tax
81 350
77 052
105 213
101 130
After tax
147 650
151 948
123 787
127 870
Living cost
26 753
26 753
26 753
26 753
Free-cash
120 897
125 195
97 034
101 117

Estimated living cost  is ₽26753 per week

₽18058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2572
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145860
₽141093
₽145989
₽140798
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
health
-
-
-
953
income
-
-
-
78 940
pensions
-
-
-
1 315
total
-
-
-
81 208
Employee
2 745
-
227 521
-
income
531
-
78 871
-
pensions
247
-
592
-
health
137
-
329
-
unemployment
27
-
66
-
total
942
-
79 858
-
Employer
2 745
-
227 521
-
unemployment
55
-
131
-
health
261
-
625
-
pensions
302
-
723
-
total
618
-
1 479
-
Corporate
225 637
229 000
-
-
income
49 640
50 380
-
-
total
49 640
50 380
-
-
Dividends
175 997
178 620
-
-
withholding
35 199
35 724
-
-
total
35 199
35 724
-
-
Income
229 000
229 000
229 000
229 000
Total tax
86 399
86 104
81 337
81 208
After tax
142 601
142 896
147 663
147 792
Living cost
1 803
1 803
1 803
1 803
Free-cash
140 798
141 093
145 860
145 989

Estimated living cost  is ₽1803 per week

₽1071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131903
₽148666
₽131904
₽143889
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 000
health
-
-
-
7 388
income
-
-
-
53 196
pensions
-
-
-
18 650
unemployment
-
-
-
1 076
total
-
-
-
80 310
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.

25 312
-
216 160
-
income
3 489
-
53 196
-
pensions
3 544
-
10 043
-
health
1 304
-
3 694
-
unemployment
190
-
538
-
total
8 527
-
67 471
-
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.

25 312
-
216 160
-
unemployment
190
-
538
-
health
1 304
-
3 694
-
pensions
3 037
-
8 608
-
total
4 531
-
12 840
-
Corporate
199 157
229 000
-
-
income
29 874
34 350
-
-
total
29 874
34 350
-
-
Dividends
169 284
194 650
-
-
withholding
25 393
29 198
-
-
total
25 393
29 198
-
-
Income
229 000
229 000
229 000
229 000
Total tax
68 325
63 548
80 311
80 310
After tax
160 675
165 452
148 689
148 690
Living cost
16 786
16 786
16 786
16 786
Free-cash
143 889
148 666
131 903
131 904

Estimated living cost  is ₽16786 per week

₽11302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1298
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.
₽3700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74452
₽104027
₽92715
₽103675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 000
social contributions

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

-
-
-
79 577
income
-
-
-
30 480
surtax
-
-
-
-
total
-
-
-
110 057
Employee
37 760
-
185 051
-
surtax
-
-
425
-
social contributions
4 154
-
20 356
-
income
7 378
-
63 590
-
total
11 532
-
84 371
-
Employer
37 760
-
185 051
-
social contributions
8 967
-
43 949
-
total
8 967
-
43 949
-
Corporate
182 273
229 000
-
-
surtax
-
-
-
-
income
38 278
48 090
-
-
total
38 278
48 090
-
-
Dividends
143 996
180 910
-
-
withholding
40 320
50 655
-
-
total
40 320
50 655
-
-
Income
229 000
229 000
229 000
229 000
Total tax
99 097
98 745
128 320
110 057
After tax
129 903
130 255
100 680
118 943
Living cost
26 228
26 228
26 228
26 228
Free-cash
103 675
104 027
74 452
92 715

Estimated living cost  is ₽26228 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1822
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.
₽5365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89596
₽117757
₽93679
₽111391
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
other
-
-
-
90
accident
-
-
-
812
income
-
-
-
74 079
pensions
-
-
-
25 518
unemployment
-
-
-
631
total
-
-
-
101 130
Employee
46 985
-
200 253
-
income
9 814
-
70 739
-
other
46
-
90
-
pensions
2 208
-
4 239
-
unemployment
727
-
1 398
-
total
12 795
-
76 466
-
Employer
46 985
-
200 253
-
other
377
-
722
-
unemployment
2 585
-
4 959
-
accident
930
-
1 785
-
pensions
11 088
-
21 281
-
total
14 980
-
28 747
-
Corporate
167 034
229 000
-
-
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.

25 055
34 351
-
-
total
25 055
34 351
-
-
Dividends
141 979
194 649
-
-
withholding
30 588
42 701
-
-
total
30 588
42 701
-
-
Income
229 000
229 000
229 000
229 000
Total tax
83 418
77 052
105 213
101 130
After tax
145 582
151 948
123 787
127 870
Living cost
34 191
34 191
34 191
34 191
Free-cash
111 391
117 757
89 596
93 679

Estimated living cost  is ₽34191 per week

₽24555
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178800
₽179275
₽169173
₽173424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
health
-
-
-
3 858
income
-
-
-
34 350
pensions

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

-
-
-
4 965
unemployment
-
-
-
134
total
-
-
-
43 307
Employee
21 875
-
222 419
-
income
2 188
-
22 242
-
accident

We are using the highest rate at 1.1%.

240
-
369
-
pensions

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

1 920
-
2 945
-
health
1 006
-
1 543
-
total
5 354
-
27 099
-
Employer
21 875
-
222 419
-
unemployment
131
-
201
-
health
1 510
-
2 315
-
accident

We are using the highest rate at 1.1%.

240
-
369
-
pensions

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

2 411
-
3 696
-
total
4 292
-
6 581
-
Corporate
202 833
229 000
-
-
income
20 283
22 900
-
-
total
20 283
22 900
-
-
Dividends
182 549
206 100
-
-
withholding
9 127
10 305
-
-
total
9 127
10 305
-
-
Income
229 000
229 000
229 000
229 000
Total tax
39 056
33 205
33 680
43 307
After tax
189 944
195 795
195 320
185 693
Living cost
16 520
16 520
16 520
16 520
Free-cash
173 424
179 275
178 800
169 173

Estimated living cost  is ₽16520 per week

₽10926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103373
₽80199
₽77002
₽92927
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 000
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.

-
-
-
6 646
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.

-
-
-
77 177
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.

-
-
-
4 244
trade
-
-
-
26 371
total
-
-
-
114 438
Employee

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

48 407
-
229 000
-
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.

220
-
4 244
-
income

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

3 980
-
77 177
-
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.

6 646
-
6 646
-
total
10 846
-
88 067
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 593
229 000
-
-
chamber of commerce
412
484
-
-
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.

1 490
1 889
-
-
trade
25 915
32 861
-
-
income
27 090
34 351
-
-
total
54 907
69 585
-
-
Dividends
125 687
159 416
-
-
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.

1 708
2 171
-
-
withholding
31 052
39 485
-
-
total
32 760
41 656
-
-
Income
229 000
229 000
229 000
229 000
Total tax
98 513
111 241
88 067
114 438
After tax
130 487
117 759
140 933
114 562
Living cost
37 560
37 560
37 560
37 560
Free-cash
92 927
80 199
103 373
77 002

Estimated living cost  is ₽37560 per week

₽25910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58522
₽104881
₽58522
₽107030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
income
-
-
-
75 519
social contributions
-
-
-
39 540
total
-
-
-
115 059
Employee
76 101
-
229 000
-
income
14 360
-
75 519
-
social contributions
6 322
-
39 540
-
total
20 682
-
115 059
-
Employer
76 101
-
229 000
-
total
-
-
-
-
Corporate
152 899
229 000
-
-
income
19 112
28 626
-
-
total
19 112
28 626
-
-
Dividends
133 787
200 374
-
-
withholding
26 757
40 074
-
-
total
26 757
40 074
-
-
Income
229 000
229 000
229 000
229 000
Total tax
66 551
68 700
115 059
115 059
After tax
162 449
160 300
113 941
113 941
Living cost
55 419
55 419
55 419
55 419
Free-cash
107 030
104 881
58 522
58 522

Estimated living cost  is ₽55419 per week

₽42162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123992
₽108394
₽153342
₽111792
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 000
income
-
-
-
34 351
health

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

-
-
-
5 991
total
-
-
-
40 342
Employee
44 630
-
224 525
-
income
4 843
-
60 742
-
social contributions
4 472
-
4 475
-
total
9 315
-
65 217
-
Employer
44 630
-
224 525
-
social contributions
4 472
-
4 475
-
total
4 472
-
4 475
-
Corporate
179 899
229 000
-
-
income
62 965
80 150
-
-
total
62 965
80 150
-
-
Dividends
116 933
148 850
-
-
social contributions
5 140
5 140
-
-
total
5 140
5 140
-
-
Income
229 000
229 000
229 000
229 000
Total tax
81 892
85 290
69 692
40 342
After tax
147 108
143 710
159 308
188 658
Living cost
35 316
35 316
35 316
35 316
Free-cash
111 792
108 394
123 992
153 342

Estimated living cost  is ₽35316 per week

₽23262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91187
₽107697
₽111585
₽113410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
income
-
-
-
71 721
pensions
-
-
-
9 861
total
-
-
-
81 582
Employee
49 186
-
199 498
-
income
8 957
-
58 121
-
health
642
-
2 662
-
pensions
3 754
-
11 696
-
total
13 353
-
72 479
-
Employer
49 186
-
199 498
-
health
935
-
3 790
-
pensions
4 969
-
25 711
-
total
5 904
-
29 501
-
Corporate
173 910
229 000
-
-
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.

33 043
43 511
-
-
total
33 043
43 511
-
-
Dividends
140 867
185 489
-
-
withholding
27 457
41 959
-
-
total
27 457
41 959
-
-
Income
229 000
229 000
229 000
229 000
Total tax
79 757
85 470
101 980
81 582
After tax
149 243
143 530
127 020
147 418
Living cost
35 833
35 833
35 833
35 833
Free-cash
113 410
107 697
91 187
111 585

Estimated living cost  is ₽35833 per week

₽24581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽103077
-₽4754
₽133038
₽14975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
other
-
-
-
363
health
-
-
-
2 133
accident
-
-
-
247
income
-
-
-
65 846
pensions
-
-
-
4 070
total
-
-
-
72 659
Employee
36 657
-
209 588
-
income
5 029
-
51 747
-
pensions
4 128
-
7 463
-
health
4 197
-
23 998
-
total
13 354
-
83 208
-
Employer
36 657
-
209 588
-
unemployment
898
-
5 135
-
accident
612
-
3 500
-
pensions
5 960
-
10 777
-
total
7 470
-
19 412
-
Corporate
184 873
229 000
-
-
income

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

166 386
206 100
-
-
total
166 386
206 100
-
-
Dividends
18 487
22 900
-
-
withholding
3 512
4 351
-
-
total
3 512
4 351
-
-
Income
229 000
229 000
229 000
229 000
Total tax
190 722
210 451
102 620
72 659
After tax
38 278
18 549
126 380
156 341
Living cost
23 303
23 303
23 303
23 303
Free-cash
14 975
-4 754
103 077
133 038

Estimated living cost  is ₽23303 per week

₽17102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155887
₽162064
₽134528
₽159125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
229 000
income
-
-
-
38 632
health insurance
-
-
-
11 495
work injury
-
-
-
777
pensions
-
-
-
28 583
unemployment
-
-
-
1 864
total
-
-
-
81 351
Employee

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

20 993
-
229 000
-
income
2 099
-
38 632
-
work injury
105
-
388
-
health insurance
1 553
-
5 748
-
pensions
3 863
-
14 292
-
unemployment
252
-
932
-
total
7 872
-
59 992
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
208 007
229 000
-
-
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%.

20 801
22 900
-
-
total
20 801
22 900
-
-
Dividends
187 206
206 100
-
-
withholding
28 081
30 915
-
-
total
28 081
30 915
-
-
Income
229 000
229 000
229 000
229 000
Total tax
56 754
53 815
59 992
81 351
After tax
172 246
175 185
169 008
147 649
Living cost
13 121
13 121
13 121
13 121
Free-cash
159 125
162 064
155 887
134 528

Estimated living cost  is ₽13121 per week

₽8128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61333
₽81864
₽69326
₽77438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
social contributions
-
-
-
48 692
national
-
-
-
64 922
regional
-
-
-
5 680
municipal
-
-
-
1 623
total
-
-
-
120 917
Employee
81 981
-
229 000
-
social contributions
27 643
-
63 837
-
municipal
489
-
1 486
-
national
13 854
-
58 411
-
regional
1 238
-
5 176
-
total
43 224
-
128 910
-
Employer
81 981
-
229 000
-
total
-
-
-
-
Corporate
147 019
229 000
-
-
nationa
35 285
54 960
-
-
municipal
7 086
11 039
-
-
total
42 371
65 999
-
-
Dividends
104 649
163 001
-
-
withholding
27 210
42 380
-
-
total
27 210
42 380
-
-
Income
229 000
229 000
229 000
229 000
Total tax
112 805
108 379
128 910
120 917
After tax
116 195
120 621
100 090
108 083
Living cost
38 757
38 757
38 757
38 757
Free-cash
77 438
81 864
61 333
69 326

Estimated living cost  is ₽38757 per week

₽27224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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