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
₽85440
₽111190
₽82368
₽96385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
76 854
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.

-
-
-
4 227
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.

-
-
-
6 760
trade
-
-
-
28 822
total
-
-
-
116 663
Employee

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

37 844
-
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.

58
-
4 227
-
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.

1 057
-
76 854
-
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.

6 760
-
6 760
-
total
7 875
-
87 841
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
191 156
229 000
-
-
income
28 674
34 350
-
-
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.

1 577
1 889
-
-
chamber of commerce
424
479
-
-
trade
30 106
36 068
-
-
total
60 781
72 786
-
-
Dividends
130 374
156 215
-
-
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.

1 773
2 127
-
-
withholding
32 217
38 678
-
-
total
33 990
40 805
-
-
Income
229 000
229 000
229 000
229 000
Total tax
102 646
113 591
87 841
116 663
After tax
126 354
115 409
141 159
112 337
Living cost
29 969
29 969
29 969
29 969
Free-cash
96 385
85 440
111 190
82 368

Estimated living cost  is ₽29969 per week

₽18852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and 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 Dresden model

Close
Reykjavik , Iceland
₽90494
₽79537
₽78307
₽89623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
25 419
national
-
-
-
42 930
pensions
-
-
-
27 480
total
-
-
-
98 291
Employee
81 232
-
197 968
-
municipal
10 033
-
26 306
-
pensions
3 249
-
7 919
-
national
15 548
-
44 871
-
total
28 830
-
79 096
-
Employer
81 232
-
197 968
-
pensions
6 499
-
15 837
-
social contributions
873
-
2 128
-
total
7 372
-
17 965
-
Corporate
135 035
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%.

27 007
45 800
-
-
total
27 007
45 800
-
-
Dividends
108 028
183 200
-
-
withholding
23 766
40 304
-
-
total
23 766
40 304
-
-
Income
229 000
229 000
229 000
229 000
Total tax
86 975
86 104
97 061
98 291
After tax
142 025
142 896
131 939
130 709
Living cost
52 402
52 402
52 402
52 402
Free-cash
89 623
90 494
79 537
78 307

Estimated living cost  is ₽52402 per week

₽35617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽784
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162615
₽79314
₽63139
₽154498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
48 971
surtax
-
-
-
58 395
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.

-
-
-
37 910
microenterprise
-
-
-
-
total
-
-
-
145 276
Employee
28 912
-
180 714
-
surtax
-
-
26 203
-
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.

3 181
-
12 971
-
income
5 147
-
41 641
-
total
8 328
-
80 815
-
Employer
28 912
-
180 714
-
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.

6 964
-
28 407
-
surtax
-
-
19 879
-
total
6 964
-
48 286
-
Corporate
193 124
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%.

38 625
45 800
-
-
total
38 625
45 800
-
-
Dividends

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

154 499
183 200
-
-
total
-
-
-
-
Income
229 000
229 000
229 000
229 000
Total tax
53 917
45 800
129 101
145 276
After tax
175 083
183 200
99 899
83 724
Living cost
20 585
20 585
20 585
20 585
Free-cash
154 498
162 615
79 314
63 139

Estimated living cost  is ₽20585 per week

₽13132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72742
₽104996
₽81171
₽66681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 586
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
106 380
Employee
84 494
84 494
210 612
-
pensions
15 209
11 593
11 593
-
income

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

13 830
13 830
40 373
-
health
12 969
11 031
12 201
-
total
42 008
36 454
64 167
-
Employer
84 494
84 494
210 612
-
health
5 873
5 873
7 298
-
pensions
5 881
5 881
7 310
-
unemployment
3 042
3 042
3 780
-
total
14 796
14 796
18 388
-
Corporate
130 746
129 710
-
-
income
26 150
25 942
-
-
total
26 150
25 942
-
-
Dividends
104 596
103 768
-
-
income
22 226
22 051
-
-
withholding
15 690
15 566
-
-
total
37 916
37 617
-
-
Income
229 000
229 000
229 000
229 000
Total tax
120 870
114 809
82 555
106 380
After tax
108 130
114 191
146 445
122 620
Living cost
41 449
41 449
41 449
41 449
Free-cash
66 681
72 742
104 996
81 171

Estimated living cost  is ₽41449 per week

₽29374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84217
₽72771
₽73761
₽83302
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
179
other
-
-
-
10 395
unemployment
-
-
-
90
health
-
-
-
5 582
municipal
-
-
-
60 560
national
-
-
-
27 946
pensions
-
-
-
9 670
total
-
-
-
114 422
Employee
58 161
-
200 893
-
municipal
17 344
-
59 906
-
national
-
-
27 398
-
total
17 344
-
87 304
-
Employer
58 161
-
200 893
-
health
3 577
-
5 502
-
pensions
6 287
-
9 670
-
accident
116
-
179
-
unemployment
1 535
-
2 362
-
other
6 758
-
10 395
-
total
18 273
-
28 108
-
Corporate
152 565
229 000
-
-
income
33 564
50 380
-
-
total
33 564
50 380
-
-
Dividends
119 001
178 620
-
-
withholding
35 700
53 586
-
-
total
35 700
53 586
-
-
Income
229 000
229 000
229 000
229 000
Total tax
104 881
103 966
115 412
114 422
After tax
124 119
125 034
113 588
114 578
Living cost
40 817
40 817
40 817
40 817
Free-cash
83 302
84 217
72 771
73 761

Estimated living cost  is ₽40817 per week

₽27052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75363
₽102290
₽72187
₽89263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
76 854
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.

-
-
-
4 227
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.

-
-
-
6 760
trade
-
-
-
30 103
total
-
-
-
117 944
Employee

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

50 177
-
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.

237
-
4 227
-
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.

4 311
-
76 854
-
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.

6 760
-
6 760
-
total
11 308
-
87 841
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 823
229 000
-
-
income
26 824
34 350
-
-
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.

1 476
1 889
-
-
chamber of commerce
404
475
-
-
trade
29 417
37 671
-
-
total
58 121
74 385
-
-
Dividends
120 702
154 615
-
-
surtax

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

1 639
2 105
-
-
withholding
29 800
38 278
-
-
total
31 439
40 383
-
-
Income
229 000
229 000
229 000
229 000
Total tax
100 868
114 768
87 841
117 944
After tax
128 132
114 232
141 159
111 056
Living cost
38 869
38 869
38 869
38 869
Free-cash
89 263
75 363
102 290
72 187

Estimated living cost  is ₽38869 per week

₽25996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134786
₽119824
₽121688
₽130685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 370
social contributions
-
-
-
16 009
health
-
-
-
5 840
total
-
-
-
75 219
Employee
76 083
76 083
216 478
-
social contributions
3 697
6 315
8 517
-
income
7 989
7 043
52 364
-
health
757
1 294
3 680
-
total
12 443
14 652
64 561
-
Employer
76 083
76 083
216 478
-
health
824
1 408
4 005
-
social contributions
3 697
6 315
8 517
-
total
4 521
7 723
12 522
-
Corporate
179 943
145 194
-
-
income
22 492
18 149
-
-
total
22 492
18 149
-
-
Dividends
157 450
127 044
-
-
withholding
26 766
21 597
-
-
total
26 766
21 597
-
-
Income
229 000
229 000
229 000
229 000
Total tax
66 222
62 121
77 083
75 219
After tax
162 778
166 879
151 917
153 781
Living cost
32 093
32 093
32 093
32 093
Free-cash
130 685
134 786
119 824
121 688

Estimated living cost  is ₽32093 per week

₽21939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽110360
₽114587
₽140473
₽110740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 995
unemployment
-
-
-
3 435
health
-
-
-
16 030
pensions
-
-
-
22 900
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.

26 224
10 437
191 632
-
unemployment
393
157
2 874
-
pensions
2 622
1 044
19 163
-
income
3 206
1 276
23 427
-
health
1 836
731
13 414
-
total
8 057
3 208
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.

26 224
10 437
191 632
-
pensions
5 114
2 035
37 368
-
total
5 114
2 035
37 368
-
Corporate
197 662
216 528
-
-
income
17 790
19 488
-
-
total
17 790
19 488
-
-
Dividends
179 872
197 040
-
-
social contributions
34 956
38 304
-
-
withholding
34 176
37 438
-
-
total
69 132
75 742
-
-
Income
229 000
229 000
229 000
229 000
Total tax
100 093
100 473
96 246
70 360
After tax
128 907
128 527
132 754
158 640
Living cost
18 167
18 167
18 167
18 167
Free-cash
110 740
110 360
114 587
140 473

Estimated living cost  is ₽18167 per week

₽12397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽363
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159301
₽108093
₽98844
₽153155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 687
health
-
-
-
29 770
pensions
-
-
-
45 800
total
-
-
-
106 257
Employee
28 069
-
171 151
-
unemployment
449
-
2 738
-
pensions
561
-
3 423
-
income
3 160
-
32 998
-
total
4 170
-
39 159
-
Employer
28 069
-
171 151
-
health
3 648
-
22 250
-
pensions
5 614
-
34 230
-
unemployment
225
-
1 369
-
total
9 487
-
57 849
-
Corporate
191 443
229 000
-
-
income
38 289
45 800
-
-
total
38 289
45 800
-
-
Dividends
153 154
183 200
-
-
total
-
-
-
-
Income
229 000
229 000
229 000
229 000
Total tax
51 946
45 800
97 008
106 257
After tax
177 054
183 200
131 992
122 743
Living cost
23 899
23 899
23 899
23 899
Free-cash
153 155
159 301
108 093
98 844

Estimated living cost  is ₽23899 per week

₽16392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3513
₽104166
₽134294
₽15166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
253
income
-
-
-
65 659
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
72 644
Employee
34 705
-
209 327
-
pensions
3 908
-
7 651
-
income
4 761
-
51 481
-
health
3 974
-
23 968
-
total
12 643
-
83 100
-
Employer
34 705
-
209 327
-
pensions
5 643
-
11 048
-
accident
579
-
3 496
-
unemployment
850
-
5 128
-
total
7 072
-
19 672
-
Corporate
187 222
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.

168 500
206 100
-
-
total
168 500
206 100
-
-
Dividends
18 722
22 900
-
-
withholding
3 557
4 351
-
-
total
3 557
4 351
-
-
Income
229 000
229 000
229 000
229 000
Total tax
191 772
210 451
102 772
72 644
After tax
37 228
18 549
126 228
156 356
Living cost
22 062
22 062
22 062
22 062
Free-cash
15 166
-3 513
104 166
134 294

Estimated living cost  is ₽22062 per week

₽16170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
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.
₽4210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽209450
₽175100
₽218610
₽207932
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 125
-
229 000
-
income
2 025
-
45 800
-
total
2 025
-
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%.

218 875
229 000
-
-
total
-
-
-
-
Dividends
218 875
229 000
-
-
withholding
10 943
11 450
-
-
total
10 943
11 450
-
-
Income
229 000
229 000
229 000
229 000
Total tax
12 968
11 450
45 800
2 290
After tax
216 032
217 550
183 200
226 710
Living cost
8 100
8 100
8 100
8 100
Free-cash
207 932
209 450
175 100
218 610

Estimated living cost  is ₽8100 per week

₽5020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141882
₽110285
₽112164
₽135199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 593
other
-
-
-
7 146
health
-
-
-
6 621
pensions

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

-
-
-
36 111
total
-
-
-
90 471
Employee
35 926
-
190 762
-
unemployment
359
-
1 504
-
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.

2 514
-
10 532
-
income
6 185
-
39 968
-
health
503
-
2 107
-
total
9 561
-
54 111
-
Employer
35 926
-
190 762
-
health
503
-
2 107
-
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.

6 108
-
25 579
-
accident
287
-
1 527
-
unemployment
359
-
1 504
-
other
1 797
-
7 522
-
total
9 054
-
38 239
-
Corporate
184 020
229 000
-
-
income
38 644
48 090
-
-
total
38 644
48 090
-
-
Dividends
145 376
180 910
-
-
withholding
10 177
12 663
-
-
total
10 177
12 663
-
-
Income
229 000
229 000
229 000
229 000
Total tax
67 436
60 753
92 350
90 471
After tax
161 564
168 247
136 650
138 529
Living cost
26 365
26 365
26 365
26 365
Free-cash
135 199
141 882
110 285
112 164

Estimated living cost  is ₽26365 per week

₽18628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77998
₽61342
₽81763
₽85935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 325
pensions
-
-
-
9 977
total
-
-
-
81 302
Employee
93 288
-
199 532
-
pensions
9 000
-
11 866
-
income
16 816
-
57 711
-
health
1 537
-
2 678
-
total
27 353
-
72 255
-
Employer
93 288
-
199 532
-
health
1 772
-
3 791
-
pensions
11 015
-
25 677
-
total
12 787
-
29 468
-
Corporate
122 926
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.

23 356
43 509
-
-
total
23 356
43 509
-
-
Dividends
99 570
185 491
-
-
withholding
13 634
41 558
-
-
total
13 634
41 558
-
-
Income
229 000
229 000
229 000
229 000
Total tax
77 130
85 067
101 723
81 302
After tax
151 870
143 933
127 277
147 698
Living cost
65 935
65 935
65 935
65 935
Free-cash
85 935
77 998
61 342
81 763

Estimated living cost  is ₽65935 per week

₽49406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽182821
₽182019
₽172447
₽178224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 350
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
43 579
Employee
17 180
-
222 219
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
pensions

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

1 508
-
3 035
-
income
1 718
-
22 221
-
health
790
-
1 590
-
total
4 205
-
27 226
-
Employer
17 180
-
222 219
-
health
1 186
-
2 385
-
pensions

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

1 893
-
3 809
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
unemployment
103
-
207
-
total
3 371
-
6 781
-
Corporate
208 449
229 000
-
-
income
20 845
22 900
-
-
total
20 845
22 900
-
-
Dividends
187 605
206 100
-
-
withholding
9 381
10 305
-
-
total
9 381
10 305
-
-
Income
229 000
229 000
229 000
229 000
Total tax
37 802
33 205
34 007
43 579
After tax
191 198
195 795
194 993
185 421
Living cost
12 974
12 974
12 974
12 974
Free-cash
178 224
182 821
182 019
172 447

Estimated living cost  is ₽12974 per week

₽7575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59325
₽91579
₽67754
₽61815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 586
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
106 380
Employee
91 734
84 494
210 612
-
pensions
11 593
11 593
11 593
-
income

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

13 830
13 830
40 373
-
health
11 444
11 031
12 201
-
total
36 867
36 454
64 167
-
Employer
91 734
84 494
210 612
-
health
6 375
5 873
7 298
-
pensions
6 384
5 881
7 310
-
unemployment
3 303
3 042
3 780
-
total
16 062
14 796
18 388
-
Corporate
121 205
129 710
-
-
income
24 241
25 942
-
-
total
24 241
25 942
-
-
Dividends
96 964
103 768
-
-
income
20 605
22 051
-
-
withholding
14 544
15 566
-
-
total
35 149
37 617
-
-
Income
229 000
229 000
229 000
229 000
Total tax
112 319
114 809
82 555
106 380
After tax
116 681
114 191
146 445
122 620
Living cost
54 866
54 866
54 866
54 866
Free-cash
61 815
59 325
91 579
67 754

Estimated living cost  is ₽54866 per week

₽40473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133080
₽100753
₽110807
₽124309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 406
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
2 908
health
-
-
-
30 915
total
-
-
-
93 607
Employee
36 156
-
182 303
-
solidarity contribution
-
-
2 006
-
social contributions
2 350
-
7 875
-
income
4 339
-
22 472
-
health
4 881
-
24 611
-
total
11 570
-
56 964
-
Employer
36 156
-
182 303
-
health
3 254
-
16 407
-
social contributions
9 039
-
30 290
-
total
12 293
-
46 697
-
Corporate
180 551
229 000
-
-
income
34 305
43 510
-
-
total
34 305
43 510
-
-
Dividends
146 246
185 490
-
-
withholding
21 937
27 824
-
-
total
21 937
27 824
-
-
Income
229 000
229 000
229 000
229 000
Total tax
80 105
71 334
103 661
93 607
After tax
148 895
157 666
125 339
135 393
Living cost
24 586
24 586
24 586
24 586
Free-cash
124 309
133 080
100 753
110 807

Estimated living cost  is ₽24586 per week

₽17078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80429
₽60628
₽69015
₽75263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 521
regional
-
-
-
2 926
municipal
-
-
-
1 436
national
-
-
-
64 351
total
-
-
-
118 234
Employee
87 936
-
229 000
-
municipal
466
-
1 312
-
national
15 237
-
57 728
-
regional
830
-
2 657
-
social contributions
29 652
-
64 924
-
total
46 185
-
126 621
-
Employer
87 936
-
229 000
-
total
-
-
-
-
Corporate
141 064
229 000
-
-
municipal
5 502
8 930
-
-
nationa
33 856
54 961
-
-
total
39 358
63 891
-
-
Dividends
101 707
165 109
-
-
withholding
26 443
42 929
-
-
total
26 443
42 929
-
-
Income
229 000
229 000
229 000
229 000
Total tax
111 986
106 820
126 621
118 234
After tax
117 014
122 180
102 379
110 766
Living cost
41 751
41 751
41 751
41 751
Free-cash
75 263
80 429
60 628
69 015

Estimated living cost  is ₽41751 per week

₽29104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122206
₽79761
₽85810
₽119128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 951
other
-
-
-
-
surtax
-
-
-
12 394
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
121 356
Employee
32 720
-
201 203
-
other
-
-
-
-
unemployment
2 278
-
9 191
-
pensions
2 182
-
8 808
-
surtax
107
-
11 211
-
income
5 485
-
67 032
-
health
836
-
3 367
-
total
10 888
-
99 609
-
Employer
32 720
-
201 203
-
health
1 489
-
6 008
-
pensions
4 362
-
17 603
-
unemployment
1 036
-
4 185
-
other
-
-
-
-
total
6 887
-
27 796
-
Corporate
189 392
229 000
-
-
income
49 241
59 540
-
-
total
49 241
59 540
-
-
Dividends
140 151
169 460
-
-
withholding
21 022
25 420
-
-
total
21 022
25 420
-
-
Income
229 000
229 000
229 000
229 000
Total tax
88 038
84 960
127 405
121 356
After tax
140 962
144 040
101 595
107 644
Living cost
21 834
21 834
21 834
21 834
Free-cash
119 128
122 206
79 761
85 810

Estimated living cost  is ₽21834 per week

₽13350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98888
₽82232
₽102653
₽105401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 325
pensions
-
-
-
9 977
total
-
-
-
81 302
Employee
62 519
-
199 532
-
pensions
5 306
-
11 866
-
income
11 260
-
57 711
-
health
908
-
2 678
-
total
17 474
-
72 255
-
Employer
62 519
-
199 532
-
health
1 188
-
3 791
-
pensions
6 768
-
25 677
-
total
7 956
-
29 468
-
Corporate
158 526
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.

30 119
43 509
-
-
total
30 119
43 509
-
-
Dividends
128 407
185 491
-
-
withholding
23 005
41 558
-
-
total
23 005
41 558
-
-
Income
229 000
229 000
229 000
229 000
Total tax
78 554
85 067
101 723
81 302
After tax
150 446
143 933
127 277
147 698
Living cost
45 045
45 045
45 045
45 045
Free-cash
105 401
98 888
82 232
102 653

Estimated living cost  is ₽45045 per week

₽33747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26509
₽95117
₽103489
₽59970
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
12 823
health
-
-
-
516
city
-
-
-
2 414
national
-
-
-
5 903
pensions
-
-
-
21 067
total
-
-
-
47 303
Employee
91 524
-
206 101
-
unemployment
-
-
-
-
pensions
7 689
-
16 045
-
national
433
-
4 878
-
regional
2 997
-
11 427
-
city
982
-
2 230
-
health
207
-
464
-
total
12 308
-
35 044
-
Employer
91 524
-
206 101
-
health
207
-
464
-
pensions
7 689
-
16 045
-
unemployment
-
-
-
-
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.

1 830
-
4 122
-
total
9 726
-
20 631
-
Corporate
126 744
229 000
-
-
regional
26 806
48 433
-
-
national
10 773
19 464
-
-
total
37 579
67 897
-
-
Dividends
89 165
161 103
-
-
withholding
31 209
56 386
-
-
total
31 209
56 386
-
-
Income
229 000
229 000
229 000
229 000
Total tax
90 822
124 283
55 675
47 303
After tax
138 178
104 717
173 325
181 697
Living cost
78 208
78 208
78 208
78 208
Free-cash
59 970
26 509
95 117
103 489

Estimated living cost  is ₽78208 per week

₽50858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽960
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67726
₽95832
₽64447
₽83772
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
76 854
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.

-
-
-
4 227
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.

-
-
-
6 760
trade
-
-
-
31 385
total
-
-
-
119 226
Employee

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

59 464
-
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.

385
-
4 227
-
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.

6 992
-
76 854
-
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.

6 760
-
6 760
-
total
14 137
-
87 841
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 536
229 000
-
-
income
25 431
34 350
-
-
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.

1 399
1 889
-
-
chamber of commerce
389
473
-
-
trade
29 075
39 273
-
-
total
56 294
75 985
-
-
Dividends
113 242
153 015
-
-
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.

1 536
2 084
-
-
withholding
27 934
37 878
-
-
total
29 470
39 962
-
-
Income
229 000
229 000
229 000
229 000
Total tax
99 901
115 947
87 841
119 226
After tax
129 099
113 053
141 159
109 774
Living cost
45 327
45 327
45 327
45 327
Free-cash
83 772
67 726
95 832
64 447

Estimated living cost  is ₽45327 per week

₽33105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81563
₽83788
₽90904
₽87408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 610
other
-
-
-
7 099
surtax
-
-
-
-
social contributions
-
-
-
6 525
health
-
-
-
11 392
pensions
-
-
-
35 618
total
-
-
-
104 244
Employee
42 347
-
174 392
-
pensions
4 788
-
13 303
-
surtax
-
-
-
-
social contributions
1 207
-
4 968
-
income
2 499
-
38 480
-
total
8 494
-
56 751
-
Employer
42 347
-
174 392
-
health
2 965
-
17 529
-
pensions
6 957
-
22 187
-
unemployment
1 714
-
7 064
-
social contributions
128
-
524
-
other
1 461
-
7 305
-
total
13 225
-
54 609
-
Corporate
173 429
229 000
-
-
income
48 560
64 120
-
-
surtax
-
-
-
-
total
48 560
64 120
-
-
Dividends
124 869
164 880
-
-
surtax
-
-
-
-
social contributions
21 478
28 360
-
-
withholding
15 983
21 105
-
-
total
37 461
49 465
-
-
Income
229 000
229 000
229 000
229 000
Total tax
107 740
113 585
111 360
104 244
After tax
121 260
115 415
117 640
124 756
Living cost
33 852
33 852
33 852
33 852
Free-cash
87 408
81 563
83 788
90 904

Estimated living cost  is ₽33852 per week

₽21345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84917
₽87142
₽94258
₽90415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 610
other
-
-
-
7 099
surtax
-
-
-
-
social contributions
-
-
-
6 525
health
-
-
-
11 392
pensions
-
-
-
35 618
total
-
-
-
104 244
Employee
37 800
-
174 392
-
pensions
4 275
-
13 303
-
surtax
-
-
-
-
social contributions
1 078
-
4 968
-
income
1 949
-
38 480
-
total
7 302
-
56 751
-
Employer
37 800
-
174 392
-
health
2 646
-
17 529
-
pensions
6 211
-
22 187
-
unemployment
1 530
-
7 064
-
social contributions
113
-
524
-
other
1 305
-
7 305
-
total
11 805
-
54 609
-
Corporate
179 395
229 000
-
-
income
50 231
64 120
-
-
surtax
-
-
-
-
total
50 231
64 120
-
-
Dividends
129 164
164 880
-
-
surtax
-
-
-
-
social contributions
22 216
28 360
-
-
withholding
16 533
21 105
-
-
total
38 749
49 465
-
-
Income
229 000
229 000
229 000
229 000
Total tax
108 087
113 585
111 360
104 244
After tax
120 913
115 415
117 640
124 756
Living cost
30 498
30 498
30 498
30 498
Free-cash
90 415
84 917
87 142
94 258

Estimated living cost  is ₽30498 per week

₽17688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118730
₽119753
₽126082
₽119245
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 350
social contributions
-
-
-
31 603
health
-
-
-
15 984
total
-
-
-
81 937
Employee
33 548
-
229 000
-
social contributions
4 630
-
31 603
-
income
5 595
-
40 679
-
health
2 341
-
15 984
-
total
12 566
-
88 266
-
Employer
33 548
-
229 000
-
total
-
-
-
-
Corporate
195 452
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%.

9 773
11 450
-
-
total
9 773
11 450
-
-
Dividends
185 679
217 550
-
-
social contributions
25 624
30 022
-
-
withholding
27 851
32 632
-
-
health
12 960
15 185
-
-
total
66 435
77 839
-
-
Income
229 000
229 000
229 000
229 000
Total tax
88 774
89 289
88 266
81 937
After tax
140 226
139 711
140 734
147 063
Living cost
20 981
20 981
20 981
20 981
Free-cash
119 245
118 730
119 753
126 082

Estimated living cost  is ₽20981 per week

₽14041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91319
₽25103
₽82346
₽89791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 383
surtax
-
-
-
195
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
916
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
111 790
Employee
49 448
39 431
190 099
-
other
494
394
1 157
-
unemployment
1 483
1 183
3 468
-
pensions
5 064
4 037
11 837
-
income
5 629
2 908
62 614
-
health
1 913
1 527
4 473
-
total
14 583
10 049
83 549
-
Employer
49 448
39 431
190 099
-
chamber of commerce
197
158
760
-
health
1 868
1 491
4 369
-
pensions
6 206
4 949
14 507
-
accident
642
513
1 502
-
unemployment
1 483
1 183
3 468
-
surtax
195
195
195
-
payroll
1 483
1 183
5 702
-
other
2 349
1 872
8 395
-
total
14 423
11 544
38 898
-
Corporate
165 128
178 025
186 345
-
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.

41 282
44 506
46 586
-
total
41 282
44 506
46 586
-
Dividends
123 846
133 519
-
-
withholding
34 057
36 718
-
-
total
34 057
36 718
-
-
Income
229 000
229 000
229 000
229 000
Total tax
104 345
102 817
169 033
111 790
After tax
124 655
126 183
59 967
117 210
Living cost
34 864
34 864
34 864
34 864
Free-cash
89 791
91 319
25 103
82 346

Estimated living cost  is ₽34864 per week

₽23253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89234
₽41496
₽63560
₽77045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
12 259
social contributions
-
-
-
24 668
national
-
-
-
92 437
total
-
-
-
129 364
Employee

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

70 775
-
177 368
-
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.

616
-
1 543
-
communal

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

3 691
-
9 251
-
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.

5 308
-
13 303
-
national
21 759
-
67 365
-
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.

3 325
-
8 335
-
total
34 699
-
99 797
-
Employer

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

70 775
-
177 368
-
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.

4 352
-
10 909
-
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.

6 271
-
15 714
-
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.

920
-
2 306
-
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.

1 033
-
2 589
-
surtax
8 025
-
20 113
-
total
20 601
-
51 631
-
Corporate
137 623
229 000
-
-
income
27 525
49 512
-
-
surtax
550
990
-
-
total
28 075
50 502
-
-
Dividends
109 548
178 499
-
-
withholding

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

32 504
53 188
-
-
total
32 504
53 188
-
-
Income
229 000
229 000
229 000
229 000
Total tax
115 879
103 690
151 428
129 364
After tax
113 121
125 310
77 572
99 636
Living cost
36 076
36 076
36 076
36 076
Free-cash
77 045
89 234
41 496
63 560

Estimated living cost  is ₽36076 per week

₽23238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116251
₽88018
₽92170
₽109472
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
826
income
-
-
-
73 584
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
101 097
Employee
49 252
-
199 763
-
other
49
-
92
-
unemployment
764
-
1 421
-
pensions
2 315
-
4 311
-
income
10 392
-
70 188
-
total
13 520
-
76 012
-
Employer
49 252
-
199 763
-
pensions
11 623
-
21 644
-
accident
975
-
1 816
-
unemployment
2 709
-
5 043
-
other
392
-
734
-
total
15 699
-
29 237
-
Corporate
164 049
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.

24 607
34 350
-
-
total
24 607
34 350
-
-
Dividends
139 442
194 650
-
-
withholding
29 969
42 666
-
-
total
29 969
42 666
-
-
Income
229 000
229 000
229 000
229 000
Total tax
83 795
77 016
105 249
101 097
After tax
145 205
151 984
123 751
127 903
Living cost
35 733
35 733
35 733
35 733
Free-cash
109 472
116 251
88 018
92 170

Estimated living cost  is ₽35733 per week

₽26313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75355
₽62454
₽53324
₽61743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
14 473
accident
-
-
-
1 930
income
-
-
-
43 737
surtax
-
-
-
11 352
health
-
-
-
16 090
pensions
-
-
-
34 324
total
-
-
-
121 906
Employee
74 930
-
204 559
-
pensions
5 993
-
16 364
-
surtax
4 593
-
12 537
-
income
7 237
-
50 332
-
health
3 335
-
9 101
-
total
21 158
-
88 334
-
Employer
74 930
-
204 559
-
health
2 285
-
6 238
-
pensions
5 993
-
16 364
-
accident
674
-
1 840
-
total
8 952
-
24 442
-
Corporate
145 118
229 000
-
-
communal
9 796
15 457
-
-
income
21 768
34 350
-
-
surtax
1 525
2 405
-
-
total
33 089
52 212
-
-
Dividends
112 030
176 788
-
-
income
33 483
21 145
-
-
withholding
16 805
26 518
-
-
total
50 288
47 663
-
-
Income
229 000
229 000
229 000
229 000
Total tax
113 487
99 875
112 776
121 906
After tax
115 513
129 125
116 224
107 094
Living cost
53 770
53 770
53 770
53 770
Free-cash
61 743
75 355
62 454
53 324

Estimated living cost  is ₽53770 per week

₽40336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
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.
₽9606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121816
₽79371
₽85420
₽118671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 951
other
-
-
-
-
surtax
-
-
-
12 394
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
121 356
Employee
33 321
-
201 203
-
other
-
-
-
-
unemployment
2 319
-
9 191
-
pensions
2 223
-
8 808
-
surtax
118
-
11 211
-
income
5 586
-
67 032
-
health
851
-
3 367
-
total
11 097
-
99 609
-
Employer
33 321
-
201 203
-
health
1 515
-
6 008
-
pensions
4 443
-
17 603
-
unemployment
1 057
-
4 185
-
other
-
-
-
-
total
7 015
-
27 796
-
Corporate
188 664
229 000
-
-
income
49 052
59 540
-
-
total
49 052
59 540
-
-
Dividends
139 612
169 460
-
-
withholding
20 941
25 420
-
-
total
20 941
25 420
-
-
Income
229 000
229 000
229 000
229 000
Total tax
88 105
84 960
127 405
121 356
After tax
140 895
144 040
101 595
107 644
Living cost
22 224
22 224
22 224
22 224
Free-cash
118 671
121 816
79 371
85 420

Estimated living cost  is ₽22224 per week

₽13418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93716
₽75053
₽83395
₽91518
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 521
regional
-
-
-
3 644
municipal
-
-
-
1 436
national
-
-
-
64 351
total
-
-
-
118 952
Employee
54 886
-
229 000
-
municipal
291
-
1 312
-
national
8 695
-
57 728
-
regional
739
-
3 330
-
social contributions
18 508
-
64 924
-
total
28 233
-
127 294
-
Employer
54 886
-
229 000
-
total
-
-
-
-
Corporate
174 114
229 000
-
-
municipal
8 654
11 380
-
-
nationa
41 787
54 961
-
-
total
50 441
66 341
-
-
Dividends
123 673
162 659
-
-
withholding
32 155
42 290
-
-
total
32 155
42 290
-
-
Income
229 000
229 000
229 000
229 000
Total tax
110 829
108 631
127 294
118 952
After tax
118 171
120 369
101 706
110 048
Living cost
26 653
26 653
26 653
26 653
Free-cash
91 518
93 716
75 053
83 395

Estimated living cost  is ₽26653 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127369
₽95042
₽105096
₽116561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 406
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
2 908
health
-
-
-
30 915
total
-
-
-
93 607
Employee
44 554
-
182 303
-
solidarity contribution
-
-
2 006
-
social contributions
2 896
-
7 875
-
income
5 346
-
22 472
-
health
6 015
-
24 611
-
total
14 257
-
56 964
-
Employer
44 554
-
182 303
-
health
4 010
-
16 407
-
social contributions
11 138
-
30 290
-
total
15 148
-
46 697
-
Corporate
169 298
229 000
-
-
income
32 167
43 510
-
-
total
32 167
43 510
-
-
Dividends
137 131
185 490
-
-
withholding
20 570
27 824
-
-
total
20 570
27 824
-
-
Income
229 000
229 000
229 000
229 000
Total tax
82 142
71 334
103 661
93 607
After tax
146 858
157 666
125 339
135 393
Living cost
30 297
30 297
30 297
30 297
Free-cash
116 561
127 369
95 042
105 096

Estimated living cost  is ₽30297 per week

₽22530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94721
₽28443
₽85838
₽94236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 383
surtax
-
-
-
-
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
916
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
111 595
Employee
43 251
39 431
190 283
-
other
432
394
1 157
-
unemployment
1 297
1 183
3 468
-
pensions
4 429
4 037
11 837
-
income
3 853
2 908
62 706
-
health
1 673
1 527
4 473
-
total
11 684
10 049
83 641
-
Employer
43 251
39 431
190 283
-
chamber of commerce
173
158
760
-
health
1 635
1 491
4 369
-
pensions
5 428
4 949
14 507
-
accident
561
513
1 502
-
unemployment
1 297
1 183
3 468
-
surtax
-
-
-
-
payroll
1 297
1 183
5 708
-
other
2 054
1 872
8 403
-
total
12 445
11 349
38 717
-
Corporate
173 302
178 221
186 527
-
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.

43 325
44 555
46 632
-
total
43 325
44 555
46 632
-
Dividends
129 977
133 666
-
-
withholding
35 743
36 759
-
-
total
35 743
36 759
-
-
Income
229 000
229 000
229 000
229 000
Total tax
103 197
102 712
168 990
111 595
After tax
125 803
126 288
60 010
117 405
Living cost
31 567
31 567
31 567
31 567
Free-cash
94 236
94 721
28 443
85 838

Estimated living cost  is ₽31567 per week

₽18936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3224
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.
₽8844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽204927
₽170577
₽214087
₽202560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 779
-
229 000
-
income
3 156
-
45 800
-
total
3 156
-
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%.

213 221
229 000
-
-
total
-
-
-
-
Dividends
213 221
229 000
-
-
withholding
10 661
11 450
-
-
total
10 661
11 450
-
-
Income
229 000
229 000
229 000
229 000
Total tax
13 817
11 450
45 800
2 290
After tax
215 183
217 550
183 200
226 710
Living cost
12 623
12 623
12 623
12 623
Free-cash
202 560
204 927
170 577
214 087

Estimated living cost  is ₽12623 per week

₽8542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131127
₽74128
₽79101
₽122852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
58 661
unemployment
-
-
-
344
health
-
-
-
22 534
pensions
-
-
-
41 821
total
-
-
-
123 360
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.

43 753
-
198 148
-
unemployment
62
-
278
-
pensions
6 782
-
30 713
-
income
7 545
-
53 689
-
health
2 826
-
12 802
-
total
17 215
-
97 482
-
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.

43 753
-
198 148
-
health
2 914
-
13 198
-
pensions
3 872
-
17 535
-
unemployment
26
-
118
-
total
6 812
-
30 851
-
Corporate
178 434
229 000
-
-
income
33 903
43 511
-
-
total
33 903
43 511
-
-
Dividends
144 532
185 489
-
-
withholding
21 679
27 823
-
-
total
21 679
27 823
-
-
Income
229 000
229 000
229 000
229 000
Total tax
79 609
71 334
128 333
123 360
After tax
149 391
157 666
100 667
105 640
Living cost
26 539
26 539
26 539
26 539
Free-cash
122 852
131 127
74 128
79 101

Estimated living cost  is ₽26539 per week

₽18213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95897
₽172332
₽114830
₽48023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 637
social contributions
-
-
-
26 106
total
-
-
-
70 743
Employee
62 268
-
-
-
social contributions
5 106
-
728
-
income
13 735
-
-
-
total
18 841
-
728
-
Employer
62 268
-
-
-
social contributions
87 798
-
12 513
-
total
87 798
-
12 513
-
Corporate
78 935
229 000
-
-
income
17 366
50 380
-
-
total
17 366
50 380
-
-
Dividends
61 569
178 620
-
-
income
13 545
39 296
-
-
total
13 545
39 296
-
-
Income
229 000
229 000
229 000
229 000
Total tax
137 550
89 676
13 241
70 743
After tax
91 450
139 324
215 759
158 257
Living cost
43 427
43 427
43 427
43 427
Free-cash
48 023
95 897
172 332
114 830

Estimated living cost  is ₽43427 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99219
₽69972
₽88094
₽98222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
30 293
surtax
-
-
-
-
social contributions

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

-
-
-
79 577
total
-
-
-
109 870
Employee
45 507
-
185 050
-
surtax
-
-
362
-
social contributions
5 006
-
20 356
-
income
9 466
-
63 326
-
total
14 472
-
84 044
-
Employer
45 507
-
185 050
-
social contributions
10 808
-
43 948
-
total
10 808
-
43 948
-
Corporate
172 686
229 000
-
-
income
36 263
48 090
-
-
surtax
-
-
-
-
total
36 263
48 090
-
-
Dividends
136 422
180 910
-
-
withholding
38 199
50 655
-
-
total
38 199
50 655
-
-
Income
229 000
229 000
229 000
229 000
Total tax
99 742
98 745
127 992
109 870
After tax
129 258
130 255
101 008
119 130
Living cost
31 036
31 036
31 036
31 036
Free-cash
98 222
99 219
69 972
88 094

Estimated living cost  is ₽31036 per week

₽23221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67626
₽69851
₽76967
₽74428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 610
other
-
-
-
7 099
surtax
-
-
-
-
social contributions
-
-
-
6 525
health
-
-
-
11 392
pensions
-
-
-
35 618
total
-
-
-
104 244
Employee
61 971
-
174 392
-
pensions
7 009
-
13 303
-
surtax
-
-
-
-
social contributions
1 765
-
4 968
-
income
5 407
-
38 480
-
total
14 181
-
56 751
-
Employer
61 971
-
174 392
-
health
4 337
-
17 529
-
pensions
10 183
-
22 187
-
unemployment
2 510
-
7 064
-
social contributions
186
-
524
-
other
2 139
-
7 305
-
total
19 355
-
54 609
-
Corporate
147 674
229 000
-
-
income
41 350
64 120
-
-
surtax
-
-
-
-
total
41 350
64 120
-
-
Dividends
106 325
164 880
-
-
surtax
-
-
-
-
social contributions
18 288
28 360
-
-
withholding
13 609
21 105
-
-
total
31 897
49 465
-
-
Income
229 000
229 000
229 000
229 000
Total tax
106 783
113 585
111 360
104 244
After tax
122 217
115 415
117 640
124 756
Living cost
47 789
47 789
47 789
47 789
Free-cash
74 428
67 626
69 851
76 967

Estimated living cost  is ₽47789 per week

₽32343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176358
₽143110
₽137025
₽173035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 854
social contributions
-
-
-
50 379
total
-
-
-
62 233
Employee
31 810
-
198 267
-
income
-
-
12 530
-
social contributions
2 067
-
12 888
-
total
2 067
-
25 418
-
Employer
31 810
-
198 267
-
social contributions
4 931
-
30 730
-
total
4 931
-
30 730
-
Corporate
192 260
229 000
-
-
income
19 225
22 900
-
-
total
19 225
22 900
-
-
Dividends
173 034
206 100
-
-
total
-
-
-
-
Income
229 000
229 000
229 000
229 000
Total tax
26 223
22 900
56 148
62 233
After tax
202 777
206 100
172 852
166 767
Living cost
29 742
29 742
29 742
29 742
Free-cash
173 035
176 358
143 110
137 025

Estimated living cost  is ₽29742 per week

₽19231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13531
₽13531
₽84266
₽7705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 251
municipal
-
-
-
49 329
national
-
-
-
28 669
pensions
-
-
-
857
total
-
-
-
97 106
Employee
201 026
201 026
201 026
-
municipal
42 807
42 807
42 807
-
labour market
16 059
16 059
16 059
-
pensions
286
286
286
-
national
24 559
24 559
24 559
-
total
83 711
83 711
83 711
-
Employer
201 026
201 026
201 026
-
national
24 602
24 602
24 602
-
labour market
16 082
16 082
16 082
-
pensions
571
571
571
-
municipal
42 875
42 875
42 875
-
total
84 130
84 130
84 130
-
Corporate
13 530
-
-
-
income
2 977
-
-
-
total
2 977
-
-
-
Dividends
10 554
-
-
-
withholding
2 849
-
-
-
total
2 849
-
-
-
Income
229 000
229 000
229 000
229 000
Total tax
173 667
167 841
167 841
97 106
After tax
55 333
61 159
61 159
131 894
Living cost
47 628
47 628
47 628
47 628
Free-cash
7 705
13 531
13 531
84 266

Estimated living cost  is ₽47628 per week

₽32597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽732
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3188
₽104491
₽134619
₽15215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
253
income
-
-
-
65 659
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
72 644
Employee
34 194
-
209 327
-
pensions
3 850
-
7 651
-
income
4 691
-
51 481
-
health
3 915
-
23 968
-
total
12 456
-
83 100
-
Employer
34 194
-
209 327
-
pensions
5 560
-
11 048
-
accident
571
-
3 496
-
unemployment
838
-
5 128
-
total
6 969
-
19 672
-
Corporate
187 838
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.

169 054
206 100
-
-
total
169 054
206 100
-
-
Dividends
18 784
22 900
-
-
withholding
3 569
4 351
-
-
total
3 569
4 351
-
-
Income
229 000
229 000
229 000
229 000
Total tax
192 048
210 451
102 772
72 644
After tax
36 952
18 549
126 228
156 356
Living cost
21 737
21 737
21 737
21 737
Free-cash
15 215
-3 188
104 491
134 619

Estimated living cost  is ₽21737 per week

₽15822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102110
₽75535
₽101767
₽105166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 113
municipal
-
-
-
40 659
national
-
-
-
45 474
total
-
-
-
89 246
Employee
52 057
-
192 647
-
municipal
8 526
-
31 357
-
unemployment
781
-
2 890
-
pensions
3 513
-
13 003
-
national
860
-
29 322
-
health
389
-
2 554
-
total
14 069
-
79 126
-
Employer
52 057
-
192 647
-
health
400
-
1 483
-
pensions
9 032
-
33 424
-
accident
53
-
193
-
unemployment
338
-
1 252
-
total
9 823
-
36 352
-
Corporate
167 121
229 000
-
-
income
33 424
45 800
-
-
total
33 424
45 800
-
-
Dividends

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

100 273
137 400
-
-
municipal
18 050
24 732
-
-
national
10 481
18 371
-
-
total
28 531
43 103
-
-
Income
229 000
229 000
229 000
229 000
Total tax
85 847
88 903
115 478
89 246
After tax
143 153
140 097
113 522
139 754
Living cost
37 987
37 987
37 987
37 987
Free-cash
105 166
102 110
75 535
101 767

Estimated living cost  is ₽37987 per week

₽24813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143971
₽129009
₽130873
₽138585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 370
social contributions
-
-
-
16 009
health
-
-
-
5 840
total
-
-
-
75 219
Employee
76 083
76 083
216 478
-
social contributions
2 877
6 315
8 517
-
income
8 284
7 043
52 364
-
health
590
1 294
3 680
-
total
11 751
14 652
64 561
-
Employer
76 083
76 083
216 478
-
health
640
1 408
4 005
-
social contributions
2 877
6 315
8 517
-
total
3 517
7 723
12 522
-
Corporate
190 824
145 194
-
-
income
23 854
18 149
-
-
total
23 854
18 149
-
-
Dividends
166 971
127 044
-
-
withholding
28 385
21 597
-
-
total
28 385
21 597
-
-
Income
229 000
229 000
229 000
229 000
Total tax
67 507
62 121
77 083
75 219
After tax
161 493
166 879
151 917
153 781
Living cost
22 908
22 908
22 908
22 908
Free-cash
138 585
143 971
129 009
130 873

Estimated living cost  is ₽22908 per week

₽13729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173926
₽159792
₽179637
₽168891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
23 751
unemployment
-
-
-
28
health
-
-
-
3 581
pensions
-
-
-
6 294
total
-
-
-
33 654
Employee

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

22 711
-
219 330
-
unemployment
113
-
469
-
pensions
3 406
-
14 082
-
income
1 553
-
21 298
-
health
1 930
-
7 980
-
total
7 002
-
43 829
-
Employer

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

22 711
-
219 330
-
health
976
-
4 037
-
pensions
1 249
-
5 164
-
unemployment
113
-
469
-
total
2 338
-
9 670
-
Corporate
203 951
229 000
-
-
income
18 356
20 609
-
-
total
18 356
20 609
-
-
Dividends
185 595
208 391
-
-
withholding
16 704
18 756
-
-
total
16 704
18 756
-
-
Income
229 000
229 000
229 000
229 000
Total tax
44 400
39 365
53 499
33 654
After tax
184 600
189 635
175 501
195 346
Living cost
15 709
15 709
15 709
15 709
Free-cash
168 891
173 926
159 792
179 637

Estimated living cost  is ₽15709 per week

₽10023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124775
₽96542
₽100694
₽120404
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
826
income
-
-
-
73 584
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
101 097
Employee
36 586
-
199 763
-
other
36
-
92
-
unemployment
567
-
1 421
-
pensions
1 720
-
4 311
-
income
7 053
-
70 188
-
total
9 376
-
76 012
-
Employer
36 586
-
199 763
-
pensions
8 633
-
21 644
-
accident
725
-
1 816
-
unemployment
2 013
-
5 043
-
other
293
-
734
-
total
11 664
-
29 237
-
Corporate
180 750
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.

27 113
34 350
-
-
total
27 113
34 350
-
-
Dividends
153 637
194 650
-
-
withholding
33 234
42 666
-
-
total
33 234
42 666
-
-
Income
229 000
229 000
229 000
229 000
Total tax
81 387
77 016
105 249
101 097
After tax
147 613
151 984
123 751
127 903
Living cost
27 209
27 209
27 209
27 209
Free-cash
120 404
124 775
96 542
100 694

Estimated living cost  is ₽27209 per week

₽18365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140961
₽145641
₽145779
₽140644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
78 852
health
-
-
-
1 023
pensions
-
-
-
1 411
total
-
-
-
81 286
Employee
2 947
-
227 412
-
unemployment
29
-
71
-
pensions
265
-
635
-
income
570
-
78 778
-
health
147
-
353
-
total
1 011
-
79 837
-
Employer
2 947
-
227 412
-
health
280
-
670
-
pensions
324
-
776
-
unemployment
59
-
141
-
total
663
-
1 587
-
Corporate
225 390
229 000
-
-
income
49 586
50 380
-
-
total
49 586
50 380
-
-
Dividends
175 804
178 620
-
-
withholding
35 161
35 724
-
-
total
35 161
35 724
-
-
Income
229 000
229 000
229 000
229 000
Total tax
86 421
86 104
81 424
81 286
After tax
142 579
142 896
147 576
147 714
Living cost
1 935
1 935
1 935
1 935
Free-cash
140 644
140 961
145 641
145 779

Estimated living cost  is ₽1935 per week

₽1150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148343
₽131134
₽131134
₽143474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
53 117
unemployment
-
-
-
1 097
health
-
-
-
7 531
pensions
-
-
-
19 011
total
-
-
-
80 756
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.

25 801
-
215 912
-
unemployment
194
-
548
-
pensions
3 612
-
10 237
-
income
3 556
-
53 117
-
health
1 329
-
3 766
-
total
8 691
-
67 668
-
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.

25 801
-
215 912
-
health
1 329
-
3 766
-
pensions
3 096
-
8 774
-
unemployment
194
-
548
-
total
4 619
-
13 088
-
Corporate
198 580
229 000
-
-
income
29 787
34 350
-
-
total
29 787
34 350
-
-
Dividends
168 793
194 650
-
-
withholding
25 319
29 197
-
-
total
25 319
29 197
-
-
Income
229 000
229 000
229 000
229 000
Total tax
68 416
63 547
80 756
80 756
After tax
160 584
165 453
148 244
148 244
Living cost
17 110
17 110
17 110
17 110
Free-cash
143 474
148 343
131 134
131 134

Estimated living cost  is ₽17110 per week

₽11520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
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.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽103580
₽74333
₽92455
₽103223
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
30 293
surtax
-
-
-
-
social contributions

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

-
-
-
79 577
total
-
-
-
109 870
Employee
38 403
-
185 050
-
surtax
-
-
362
-
social contributions
4 225
-
20 356
-
income
7 504
-
63 326
-
total
11 729
-
84 044
-
Employer
38 403
-
185 050
-
social contributions
9 120
-
43 948
-
total
9 120
-
43 948
-
Corporate
181 478
229 000
-
-
income
38 111
48 090
-
-
surtax
-
-
-
-
total
38 111
48 090
-
-
Dividends
143 367
180 910
-
-
withholding
40 142
50 655
-
-
total
40 142
50 655
-
-
Income
229 000
229 000
229 000
229 000
Total tax
99 102
98 745
127 992
109 870
After tax
129 898
130 255
101 008
119 130
Living cost
26 675
26 675
26 675
26 675
Free-cash
103 223
103 580
74 333
92 455

Estimated living cost  is ₽26675 per week

₽18893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
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.
₽5456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117211
₽88978
₽93130
₽110733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
826
income
-
-
-
73 584
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
101 097
Employee
47 786
-
199 763
-
other
47
-
92
-
unemployment
740
-
1 421
-
pensions
2 246
-
4 311
-
income
9 981
-
70 188
-
total
13 014
-
76 012
-
Employer
47 786
-
199 763
-
pensions
11 277
-
21 644
-
accident
946
-
1 816
-
unemployment
2 629
-
5 043
-
other
383
-
734
-
total
15 235
-
29 237
-
Corporate
165 979
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.

24 898
34 350
-
-
total
24 898
34 350
-
-
Dividends
141 081
194 650
-
-
withholding
30 347
42 666
-
-
total
30 347
42 666
-
-
Income
229 000
229 000
229 000
229 000
Total tax
83 494
77 016
105 249
101 097
After tax
145 506
151 984
123 751
127 903
Living cost
34 773
34 773
34 773
34 773
Free-cash
110 733
117 211
88 978
93 130

Estimated living cost  is ₽34773 per week

₽24973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178772
₽177970
₽168398
₽172741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 350
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
43 579
Employee
22 540
-
222 219
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
pensions

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

1 979
-
3 035
-
income
2 254
-
22 221
-
health
1 037
-
1 590
-
total
5 518
-
27 226
-
Employer
22 540
-
222 219
-
health
1 555
-
2 385
-
pensions

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

2 484
-
3 809
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
unemployment
135
-
207
-
total
4 422
-
6 781
-
Corporate
202 037
229 000
-
-
income
20 204
22 900
-
-
total
20 204
22 900
-
-
Dividends
181 833
206 100
-
-
withholding
9 092
10 305
-
-
total
9 092
10 305
-
-
Income
229 000
229 000
229 000
229 000
Total tax
39 236
33 205
34 007
43 579
After tax
189 764
195 795
194 993
185 421
Living cost
17 023
17 023
17 023
17 023
Free-cash
172 741
178 772
177 970
168 398

Estimated living cost  is ₽17023 per week

₽11259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79565
₽102959
₽76698
₽92510
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
76 854
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.

-
-
-
4 227
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.

-
-
-
6 760
trade
-
-
-
26 261
total
-
-
-
114 102
Employee

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

49 231
-
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.

223
-
4 227
-
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.

4 048
-
76 854
-
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.

6 760
-
6 760
-
total
11 031
-
87 841
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 769
229 000
-
-
income
26 965
34 350
-
-
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
-
-
chamber of commerce
413
486
-
-
trade
25 797
32 861
-
-
total
54 658
69 586
-
-
Dividends
125 111
159 414
-
-
surtax

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

1 699
2 171
-
-
withholding
30 902
39 478
-
-
total
32 601
41 649
-
-
Income
229 000
229 000
229 000
229 000
Total tax
98 290
111 235
87 841
114 102
After tax
130 710
117 765
141 159
114 898
Living cost
38 200
38 200
38 200
38 200
Free-cash
92 510
79 565
102 959
76 698

Estimated living cost  is ₽38200 per week

₽26351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4110
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.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103937
₽57919
₽57919
₽106121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 245
social contributions
-
-
-
39 473
total
-
-
-
114 718
Employee
77 397
-
229 000
-
income
14 604
-
75 245
-
social contributions
6 430
-
39 473
-
total
21 034
-
114 718
-
Employer
77 397
-
229 000
-
total
-
-
-
-
Corporate
151 603
229 000
-
-
income
18 951
28 625
-
-
total
18 951
28 625
-
-
Dividends
132 652
200 375
-
-
withholding
26 531
40 075
-
-
total
26 531
40 075
-
-
Income
229 000
229 000
229 000
229 000
Total tax
66 516
68 700
114 718
114 718
After tax
162 484
160 300
114 282
114 282
Living cost
56 363
56 363
56 363
56 363
Free-cash
106 121
103 937
57 919
57 919

Estimated living cost  is ₽56363 per week

₽42880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107706
₽123569
₽152728
₽111163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 350
health

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

-
-
-
6 005
total
-
-
-
40 355
Employee
45 390
-
224 449
-
income
4 925
-
60 412
-
social contributions
4 548
-
4 551
-
total
9 473
-
64 963
-
Employer
45 390
-
224 449
-
social contributions
4 548
-
4 551
-
total
4 548
-
4 551
-
Corporate
179 063
229 000
-
-
income
62 672
80 150
-
-
total
62 672
80 150
-
-
Dividends
116 390
148 850
-
-
social contributions
5 227
5 227
-
-
total
5 227
5 227
-
-
Income
229 000
229 000
229 000
229 000
Total tax
81 920
85 377
69 514
40 355
After tax
147 080
143 623
159 486
188 645
Living cost
35 917
35 917
35 917
35 917
Free-cash
111 163
107 706
123 569
152 728

Estimated living cost  is ₽35917 per week

₽23658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
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.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107313
₽90657
₽111078
₽113151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 325
pensions
-
-
-
9 977
total
-
-
-
81 302
Employee
50 266
-
199 532
-
pensions
3 837
-
11 866
-
income
9 154
-
57 711
-
health
656
-
2 678
-
total
13 647
-
72 255
-
Employer
50 266
-
199 532
-
health
955
-
3 791
-
pensions
5 078
-
25 677
-
total
6 033
-
29 468
-
Corporate
172 700
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.

32 814
43 509
-
-
total
32 814
43 509
-
-
Dividends
139 887
185 491
-
-
withholding
26 735
41 558
-
-
total
26 735
41 558
-
-
Income
229 000
229 000
229 000
229 000
Total tax
79 229
85 067
101 723
81 302
After tax
149 771
143 933
127 277
147 698
Living cost
36 620
36 620
36 620
36 620
Free-cash
113 151
107 313
90 657
111 078

Estimated living cost  is ₽36620 per week

₽25121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5340
₽102339
₽132467
₽14884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
253
income
-
-
-
65 659
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
72 644
Employee
37 578
-
209 327
-
pensions
4 231
-
7 651
-
income
5 155
-
51 481
-
health
4 303
-
23 968
-
total
13 689
-
83 100
-
Employer
37 578
-
209 327
-
pensions
6 110
-
11 048
-
accident
628
-
3 496
-
unemployment
921
-
5 128
-
total
7 659
-
19 672
-
Corporate
183 764
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.

165 387
206 100
-
-
total
165 387
206 100
-
-
Dividends
18 376
22 900
-
-
withholding
3 492
4 351
-
-
total
3 492
4 351
-
-
Income
229 000
229 000
229 000
229 000
Total tax
190 227
210 451
102 772
72 644
After tax
38 773
18 549
126 228
156 356
Living cost
23 889
23 889
23 889
23 889
Free-cash
14 884
-5 340
102 339
132 467

Estimated living cost  is ₽23889 per week

₽17532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161816
₽155283
₽133521
₽158821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 583
unemployment
-
-
-
1 899
work injury
-
-
-
791
health insurance
-
-
-
11 713
pensions
-
-
-
29 124
total
-
-
-
82 110
Employee

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

21 391
-
229 000
-
health insurance
1 583
-
5 857
-
unemployment
257
-
950
-
work injury
107
-
396
-
pensions
3 936
-
14 562
-
income
2 139
-
38 583
-
total
8 022
-
60 348
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
207 609
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%.

20 761
22 900
-
-
total
20 761
22 900
-
-
Dividends
186 849
206 100
-
-
withholding
28 027
30 915
-
-
total
28 027
30 915
-
-
Income
229 000
229 000
229 000
229 000
Total tax
56 810
53 815
60 348
82 110
After tax
172 190
175 185
168 652
146 890
Living cost
13 369
13 369
13 369
13 369
Free-cash
158 821
161 816
155 283
133 521

Estimated living cost  is ₽13369 per week

₽8282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
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.
₽3698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81202
₽60322
₽68449
₽76704
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 521
regional
-
-
-
5 647
municipal
-
-
-
1 615
national
-
-
-
64 351
total
-
-
-
121 134
Employee
83 377
-
229 000
-
municipal
498
-
1 476
-
national
14 090
-
57 728
-
regional
1 259
-
5 133
-
social contributions
28 114
-
64 924
-
total
43 961
-
129 261
-
Employer
83 377
-
229 000
-
total
-
-
-
-
Corporate
145 623
229 000
-
-
municipal
7 019
11 039
-
-
nationa
34 949
54 961
-
-
total
41 968
66 000
-
-
Dividends
103 656
163 000
-
-
withholding
26 950
42 381
-
-
total
26 950
42 381
-
-
Income
229 000
229 000
229 000
229 000
Total tax
112 879
108 381
129 261
121 134
After tax
116 121
120 619
99 739
107 866
Living cost
39 417
39 417
39 417
39 417
Free-cash
76 704
81 202
60 322
68 449

Estimated living cost  is ₽39417 per week

₽27688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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