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
₽86502
₽111777
₽82695
₽97058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 547
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.

-
-
-
4 265
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.

-
-
-
6 517
trade
-
-
-
29 082
total
-
-
-
117 411
Employee

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

36 486
-
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.

56
-
4 265
-
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.

1 019
-
77 547
-
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.

6 517
-
6 517
-
total
7 592
-
88 329
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 514
229 000
-
-
income
28 877
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.

1 588
1 890
-
-
chamber of commerce
422
474
-
-
trade
30 320
36 068
-
-
total
61 207
72 782
-
-
Dividends
131 307
156 218
-
-
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.

1 785
2 129
-
-
withholding
32 464
38 693
-
-
total
34 249
40 822
-
-
Income
229 000
229 000
229 000
229 000
Total tax
103 048
113 604
88 329
117 411
After tax
125 952
115 396
140 671
111 589
Living cost
28 894
28 894
28 894
28 894
Free-cash
97 058
86 502
111 777
82 695

Estimated living cost  is ₽28894 per week

₽18175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3369
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.
₽6810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91805
₽80426
₽79197
₽90955
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 451
national
-
-
-
43 319
pensions
-
-
-
27 480
total
-
-
-
98 712
Employee
79 201
-
197 968
-
municipal
9 783
-
26 338
-
pensions
3 168
-
7 919
-
national
15 159
-
45 261
-
total
28 110
-
79 518
-
Employer
79 201
-
197 968
-
pensions
6 336
-
15 837
-
social contributions
851
-
2 128
-
total
7 187
-
17 965
-
Corporate
137 384
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%.

27 477
45 800
-
-
total
27 477
45 800
-
-
Dividends
109 907
183 200
-
-
withholding
24 180
40 304
-
-
total
24 180
40 304
-
-
Income
229 000
229 000
229 000
229 000
Total tax
86 954
86 104
97 483
98 712
After tax
142 046
142 896
131 517
130 288
Living cost
51 091
51 091
51 091
51 091
Free-cash
90 955
91 805
80 426
79 197

Estimated living cost  is ₽51091 per week

₽34726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163354
₽80474
₽64416
₽155528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 793
surtax
-
-
-
58 396
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.

-
-
-
36 549
microenterprise
-
-
-
-
total
-
-
-
144 738
Employee
27 874
-
181 632
-
surtax
-
-
26 336
-
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.

3 067
-
12 505
-
income
4 962
-
42 471
-
total
8 029
-
81 312
-
Employer
27 874
-
181 632
-
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.

6 714
-
27 388
-
surtax
-
-
19 980
-
total
6 714
-
47 368
-
Corporate
194 411
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%.

38 883
45 800
-
-
total
38 883
45 800
-
-
Dividends

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

155 528
183 200
-
-
total
-
-
-
-
Income
229 000
229 000
229 000
229 000
Total tax
53 626
45 800
128 680
144 738
After tax
175 374
183 200
100 320
84 262
Living cost
19 846
19 846
19 846
19 846
Free-cash
155 528
163 354
80 474
64 416

Estimated living cost  is ₽19846 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74323
₽106468
₽82223
₽68478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 875
health
-
-
-
11 763
pensions
-
-
-
11 177
total
-
-
-
106 815
Employee
81 462
81 462
211 272
-
pensions
14 663
11 177
11 177
-
income

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

13 334
13 334
41 902
-
health
12 504
10 635
11 763
-
total
40 501
35 146
64 842
-
Employer
81 462
81 462
211 272
-
health
5 663
5 663
7 037
-
pensions
5 670
5 670
7 047
-
unemployment
2 933
2 933
3 644
-
total
14 266
14 266
17 728
-
Corporate
134 272
133 273
-
-
income
26 854
26 654
-
-
total
26 854
26 654
-
-
Dividends
107 418
106 618
-
-
income
22 826
22 657
-
-
withholding
16 113
15 992
-
-
total
38 939
38 649
-
-
Income
229 000
229 000
229 000
229 000
Total tax
120 560
114 715
82 570
106 815
After tax
108 440
114 285
146 430
122 185
Living cost
39 962
39 962
39 962
39 962
Free-cash
68 478
74 323
106 468
82 223

Estimated living cost  is ₽39962 per week

₽28320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85887
₽74026
₽74975
₽85008
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
172
other
-
-
-
9 970
unemployment
-
-
-
86
health
-
-
-
5 354
municipal
-
-
-
60 876
national
-
-
-
29 145
pensions
-
-
-
9 275
total
-
-
-
114 878
Employee
55 781
-
202 043
-
municipal
16 634
-
60 249
-
national
-
-
28 620
-
total
16 634
-
88 869
-
Employer
55 781
-
202 043
-
health
3 430
-
5 276
-
pensions
6 030
-
9 275
-
accident
112
-
172
-
unemployment
1 473
-
2 265
-
other
6 482
-
9 970
-
total
17 527
-
26 958
-
Corporate
155 693
229 000
-
-
income
34 252
50 380
-
-
total
34 252
50 380
-
-
Dividends
121 441
178 620
-
-
withholding
36 432
53 586
-
-
total
36 432
53 586
-
-
Income
229 000
229 000
229 000
229 000
Total tax
104 845
103 966
115 827
114 878
After tax
124 155
125 034
113 173
114 122
Living cost
39 147
39 147
39 147
39 147
Free-cash
85 008
85 887
74 026
74 975

Estimated living cost  is ₽39147 per week

₽25945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76746
₽103196
₽72821
₽90151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 547
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.

-
-
-
4 265
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.

-
-
-
6 517
trade
-
-
-
30 375
total
-
-
-
118 704
Employee

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

48 376
-
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.

228
-
4 265
-
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.

4 156
-
77 547
-
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.

6 517
-
6 517
-
total
10 901
-
88 329
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 624
229 000
-
-
income
27 094
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.

1 490
1 890
-
-
chamber of commerce
402
471
-
-
trade
29 712
37 670
-
-
total
58 698
74 381
-
-
Dividends
121 926
154 619
-
-
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.

1 656
2 105
-
-
withholding
30 119
38 293
-
-
total
31 775
40 398
-
-
Income
229 000
229 000
229 000
229 000
Total tax
101 374
114 779
88 329
118 704
After tax
127 626
114 221
140 671
110 296
Living cost
37 475
37 475
37 475
37 475
Free-cash
90 151
76 746
103 196
72 821

Estimated living cost  is ₽37475 per week

₽25063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135917
₽120679
₽122527
₽131962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 258
social contributions
-
-
-
15 434
health
-
-
-
5 840
total
-
-
-
75 532
Employee
73 353
73 353
216 779
-
social contributions
3 564
6 088
8 211
-
income
7 703
6 790
53 262
-
health
730
1 247
3 686
-
total
11 997
14 125
65 159
-
Employer
73 353
73 353
216 779
-
health
795
1 358
4 010
-
social contributions
3 564
6 088
8 211
-
total
4 359
7 446
12 221
-
Corporate
181 703
148 201
-
-
income
22 714
18 525
-
-
total
22 714
18 525
-
-
Dividends
158 990
129 677
-
-
withholding
27 027
22 046
-
-
total
27 027
22 046
-
-
Income
229 000
229 000
229 000
229 000
Total tax
66 097
62 142
77 380
75 532
After tax
162 903
166 858
151 620
153 468
Living cost
30 941
30 941
30 941
30 941
Free-cash
131 962
135 917
120 679
122 527

Estimated living cost  is ₽30941 per week

₽21151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110977
₽115214
₽141100
₽111342
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

25 319
10 077
191 632
-
unemployment
380
151
2 874
-
pensions
2 532
1 008
19 163
-
income
3 095
1 232
23 427
-
health
1 772
705
13 414
-
total
7 779
3 096
58 878
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 319
10 077
191 632
-
pensions
4 937
1 965
37 368
-
total
4 937
1 965
37 368
-
Corporate
198 744
216 958
-
-
income
17 887
19 526
-
-
total
17 887
19 526
-
-
Dividends
180 857
197 432
-
-
social contributions
35 152
38 384
-
-
withholding
34 363
37 512
-
-
total
69 515
75 896
-
-
Income
229 000
229 000
229 000
229 000
Total tax
100 118
100 483
96 246
70 360
After tax
128 882
128 517
132 754
158 640
Living cost
17 540
17 540
17 540
17 540
Free-cash
111 342
110 977
115 214
141 100

Estimated living cost  is ₽17540 per week

₽11969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160159
₽108950
₽99703
₽154232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 686
health
-
-
-
29 770
pensions
-
-
-
45 800
total
-
-
-
106 256
Employee
27 062
-
171 151
-
unemployment
433
-
2 739
-
pensions
541
-
3 423
-
income
3 047
-
32 998
-
total
4 021
-
39 160
-
Employer
27 062
-
171 151
-
health
3 517
-
22 250
-
pensions
5 413
-
34 230
-
unemployment
217
-
1 369
-
total
9 147
-
57 849
-
Corporate
192 791
229 000
-
-
income
38 559
45 800
-
-
total
38 559
45 800
-
-
Dividends
154 232
183 200
-
-
total
-
-
-
-
Income
229 000
229 000
229 000
229 000
Total tax
51 727
45 800
97 009
106 256
After tax
177 273
183 200
131 991
122 744
Living cost
23 041
23 041
23 041
23 041
Free-cash
154 232
160 159
108 950
99 703

Estimated living cost  is ₽23041 per week

₽15804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2782
₽105103
₽135004
₽15278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
65 912
other
-
-
-
359
health
-
-
-
2 115
pensions
-
-
-
4 034
total
-
-
-
72 665
Employee
33 555
-
209 679
-
pensions
3 778
-
7 397
-
income
4 603
-
51 840
-
health
3 842
-
24 008
-
total
12 223
-
83 245
-
Employer
33 555
-
209 679
-
pensions
5 456
-
10 682
-
accident
560
-
3 502
-
unemployment
822
-
5 137
-
total
6 838
-
19 321
-
Corporate
188 606
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.

169 746
206 100
-
-
total
169 746
206 100
-
-
Dividends
18 861
22 900
-
-
withholding
3 584
4 351
-
-
total
3 584
4 351
-
-
Income
229 000
229 000
229 000
229 000
Total tax
192 391
210 451
102 566
72 665
After tax
36 609
18 549
126 434
156 335
Living cost
21 331
21 331
21 331
21 331
Free-cash
15 278
-2 782
105 103
135 004

Estimated living cost  is ₽21331 per week

₽15634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽209758
₽175408
₽218918
₽208297
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
229 000
microenterprise

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

-
-
-
2 290
total
-
-
-
2 290
Employee
9 740
-
229 000
-
income
1 948
-
45 800
-
total
1 948
-
45 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

219 260
229 000
-
-
total
-
-
-
-
Dividends
219 260
229 000
-
-
withholding
10 963
11 450
-
-
total
10 963
11 450
-
-
Income
229 000
229 000
229 000
229 000
Total tax
12 911
11 450
45 800
2 290
After tax
216 089
217 550
183 200
226 710
Living cost
7 792
7 792
7 792
7 792
Free-cash
208 297
209 758
175 408
218 918

Estimated living cost  is ₽7792 per week

₽4829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142828
₽112443
₽114302
₽136386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 191
other
-
-
-
6 890
health
-
-
-
6 383
pensions

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

-
-
-
34 815
total
-
-
-
89 279
Employee
34 636
-
192 069
-
unemployment
346
-
1 450
-
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.

2 424
-
10 154
-
income
5 963
-
40 572
-
health
485
-
2 031
-
total
9 218
-
54 207
-
Employer
34 636
-
192 069
-
health
485
-
2 031
-
pensions

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

5 889
-
24 661
-
accident
277
-
1 537
-
unemployment
346
-
1 450
-
other
1 732
-
7 252
-
total
8 729
-
36 931
-
Corporate
185 634
229 000
-
-
income
38 982
48 090
-
-
total
38 982
48 090
-
-
Dividends
146 652
180 910
-
-
withholding
10 266
12 663
-
-
total
10 266
12 663
-
-
Income
229 000
229 000
229 000
229 000
Total tax
67 195
60 753
91 138
89 279
After tax
161 805
168 247
137 862
139 721
Living cost
25 419
25 419
25 419
25 419
Free-cash
136 386
142 828
112 443
114 302

Estimated living cost  is ₽25419 per week

₽17960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79890
₽63503
₽83884
₽87511
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 064
pensions
-
-
-
9 761
total
-
-
-
81 825
Employee
89 547
-
199 469
-
pensions
8 639
-
11 549
-
income
16 142
-
58 477
-
health
1 476
-
2 649
-
total
26 257
-
72 675
-
Employer
89 547
-
199 469
-
health
1 701
-
3 789
-
pensions
10 573
-
25 742
-
total
12 274
-
29 531
-
Corporate
127 179
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.

24 164
43 509
-
-
total
24 164
43 509
-
-
Dividends
103 015
185 491
-
-
withholding
15 503
42 310
-
-
total
15 503
42 310
-
-
Income
229 000
229 000
229 000
229 000
Total tax
78 198
85 819
102 206
81 825
After tax
150 802
143 181
126 794
147 175
Living cost
63 291
63 291
63 291
63 291
Free-cash
87 511
79 890
63 503
83 884

Estimated living cost  is ₽63291 per week

₽47425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽183287
₽182882
₽173245
₽178856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
133
health
-
-
-
3 832
pensions

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

-
-
-
4 932
total
-
-
-
43 247
Employee
16 563
-
222 462
-
accident

We are using the highest rate at 1.1%.

182
-
367
-
pensions

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

1 454
-
2 926
-
income
1 656
-
22 246
-
health
762
-
1 533
-
total
4 054
-
27 072
-
Employer
16 563
-
222 462
-
health
1 143
-
2 299
-
pensions

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

1 825
-
3 672
-
accident

We are using the highest rate at 1.1%.

182
-
367
-
unemployment
99
-
200
-
total
3 249
-
6 538
-
Corporate
209 188
229 000
-
-
income
20 919
22 900
-
-
total
20 919
22 900
-
-
Dividends
188 269
206 100
-
-
withholding
9 414
10 305
-
-
total
9 414
10 305
-
-
Income
229 000
229 000
229 000
229 000
Total tax
37 636
33 205
33 610
43 247
After tax
191 364
195 795
195 390
185 753
Living cost
12 508
12 508
12 508
12 508
Free-cash
178 856
183 287
182 882
173 245

Estimated living cost  is ₽12508 per week

₽7302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3981
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61388
₽93533
₽69288
₽63788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 875
health
-
-
-
11 763
pensions
-
-
-
11 177
total
-
-
-
106 815
Employee
88 442
81 462
211 272
-
pensions
11 177
11 177
11 177
-
income

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

13 334
13 334
41 902
-
health
11 034
10 635
11 763
-
total
35 545
35 146
64 842
-
Employer
88 442
81 462
211 272
-
health
6 146
5 663
7 037
-
pensions
6 155
5 670
7 047
-
unemployment
3 184
2 933
3 644
-
total
15 485
14 266
17 728
-
Corporate
125 073
133 273
-
-
income
25 014
26 654
-
-
total
25 014
26 654
-
-
Dividends
100 059
106 618
-
-
income
21 262
22 657
-
-
withholding
15 009
15 992
-
-
total
36 271
38 649
-
-
Income
229 000
229 000
229 000
229 000
Total tax
112 315
114 715
82 570
106 815
After tax
116 685
114 285
146 430
122 185
Living cost
52 897
52 897
52 897
52 897
Free-cash
63 788
61 388
93 533
69 288

Estimated living cost  is ₽52897 per week

₽39020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133929
₽102168
₽112315
₽125460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 589
social contributions
-
-
-
34 157
solidarity contribution
-
-
-
3 287
health
-
-
-
30 915
total
-
-
-
92 948
Employee
34 907
-
183 263
-
solidarity contribution
-
-
2 376
-
social contributions
2 269
-
7 603
-
income
4 189
-
22 638
-
health
4 713
-
24 740
-
total
11 171
-
57 357
-
Employer
34 907
-
183 263
-
health
3 142
-
16 494
-
social contributions
8 727
-
29 244
-
total
11 869
-
45 738
-
Corporate
182 224
229 000
-
-
income
34 623
43 510
-
-
total
34 623
43 510
-
-
Dividends
147 602
185 490
-
-
withholding
22 140
27 824
-
-
total
22 140
27 824
-
-
Income
229 000
229 000
229 000
229 000
Total tax
79 803
71 334
103 095
92 948
After tax
149 197
157 666
125 905
136 052
Living cost
23 737
23 737
23 737
23 737
Free-cash
125 460
133 929
102 168
112 315

Estimated living cost  is ₽23737 per week

₽16488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81926
₽62926
₽71014
₽76947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 744
regional
-
-
-
2 964
municipal
-
-
-
1 450
national
-
-
-
65 575
total
-
-
-
117 733
Employee
84 780
-
229 000
-
municipal
449
-
1 331
-
national
14 690
-
59 191
-
regional
800
-
2 705
-
social contributions
28 588
-
62 594
-
total
44 527
-
125 821
-
Employer
84 780
-
229 000
-
total
-
-
-
-
Corporate
144 220
229 000
-
-
municipal
5 625
8 932
-
-
nationa
34 612
54 960
-
-
total
40 237
63 892
-
-
Dividends
103 983
165 108
-
-
withholding
27 036
42 929
-
-
total
27 036
42 929
-
-
Income
229 000
229 000
229 000
229 000
Total tax
111 800
106 821
125 821
117 733
After tax
117 200
122 179
103 179
111 267
Living cost
40 253
40 253
40 253
40 253
Free-cash
76 947
81 926
62 926
71 014

Estimated living cost  is ₽40253 per week

₽28059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122990
₽80677
₽86510
₽120021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 031
other
-
-
-
-
surtax
-
-
-
12 690
unemployment
-
-
-
217
health
-
-
-
9 039
pensions
-
-
-
25 463
total
-
-
-
121 440
Employee
31 546
-
202 201
-
other
-
-
-
-
unemployment
2 196
-
8 861
-
pensions
2 104
-
8 492
-
surtax
103
-
11 550
-
income
5 288
-
68 325
-
health
806
-
3 246
-
total
10 497
-
100 474
-
Employer
31 546
-
202 201
-
health
1 436
-
5 793
-
pensions
4 205
-
16 971
-
unemployment
999
-
4 035
-
other
-
-
-
-
total
6 640
-
26 799
-
Corporate
190 814
229 000
-
-
income
49 612
59 540
-
-
total
49 612
59 540
-
-
Dividends
141 201
169 460
-
-
withholding
21 180
25 420
-
-
total
21 180
25 420
-
-
Income
229 000
229 000
229 000
229 000
Total tax
87 929
84 960
127 273
121 440
After tax
141 071
144 040
101 727
107 560
Living cost
21 050
21 050
21 050
21 050
Free-cash
120 021
122 990
80 677
86 510

Estimated living cost  is ₽21050 per week

₽12871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽99942
₽83555
₽103936
₽106196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 064
pensions
-
-
-
9 761
total
-
-
-
81 825
Employee
60 012
-
199 469
-
pensions
5 094
-
11 549
-
income
10 808
-
58 477
-
health
871
-
2 649
-
total
16 773
-
72 675
-
Employer
60 012
-
199 469
-
health
1 140
-
3 789
-
pensions
6 496
-
25 742
-
total
7 636
-
29 531
-
Corporate
161 351
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.

30 656
43 509
-
-
total
30 656
43 509
-
-
Dividends
130 696
185 491
-
-
withholding
24 500
42 310
-
-
total
24 500
42 310
-
-
Income
229 000
229 000
229 000
229 000
Total tax
79 565
85 819
102 206
81 825
After tax
149 435
143 181
126 794
147 175
Living cost
43 239
43 239
43 239
43 239
Free-cash
106 196
99 942
83 555
103 936

Estimated living cost  is ₽43239 per week

₽32394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28308
₽96833
₽104992
₽61000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 948
health
-
-
-
516
city
-
-
-
2 414
national
-
-
-
6 075
pensions
-
-
-
21 068
total
-
-
-
47 601
Employee
89 415
-
206 226
-
unemployment
-
-
-
-
pensions
7 512
-
15 917
-
national
423
-
5 068
-
regional
2 928
-
11 576
-
city
960
-
2 231
-
health
202
-
463
-
total
12 025
-
35 255
-
Employer
89 415
-
206 226
-
health
202
-
463
-
pensions
7 512
-
15 917
-
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.

1 788
-
4 125
-
total
9 502
-
20 505
-
Corporate
129 100
229 000
-
-
regional
27 305
48 434
-
-
national
10 974
19 465
-
-
total
38 279
67 899
-
-
Dividends
90 821
161 101
-
-
withholding
31 787
56 386
-
-
total
31 787
56 386
-
-
Income
229 000
229 000
229 000
229 000
Total tax
91 593
124 285
55 760
47 601
After tax
137 407
104 715
173 240
181 399
Living cost
76 407
76 407
76 407
76 407
Free-cash
61 000
28 308
96 833
104 992

Estimated living cost  is ₽76407 per week

₽49686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽69342
₽96971
₽65304
₽84812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 547
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.

-
-
-
4 265
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.

-
-
-
6 517
trade
-
-
-
31 667
total
-
-
-
119 996
Employee

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

57 330
-
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.

371
-
4 265
-
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.

6 741
-
77 547
-
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.

6 517
-
6 517
-
total
13 629
-
88 329
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 670
229 000
-
-
income
25 751
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.

1 416
1 890
-
-
chamber of commerce
386
467
-
-
trade
29 442
39 274
-
-
total
56 995
75 981
-
-
Dividends
114 676
153 019
-
-
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.

1 557
2 084
-
-
withholding
28 307
37 893
-
-
total
29 864
39 977
-
-
Income
229 000
229 000
229 000
229 000
Total tax
100 488
115 958
88 329
119 996
After tax
128 512
113 042
140 671
109 004
Living cost
43 700
43 700
43 700
43 700
Free-cash
84 812
69 342
96 971
65 304

Estimated living cost  is ₽43700 per week

₽31917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82781
₽83805
₽91427
₽88414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 702
other
-
-
-
7 100
surtax
-
-
-
-
social contributions
-
-
-
6 524
health
-
-
-
11 586
pensions
-
-
-
35 024
total
-
-
-
104 936
Employee
40 827
-
174 044
-
pensions
4 616
-
13 425
-
surtax
-
-
-
-
social contributions
1 164
-
4 958
-
income
2 409
-
39 219
-
total
8 189
-
57 602
-
Employer
40 827
-
174 044
-
health
2 858
-
17 669
-
pensions
6 707
-
22 365
-
unemployment
1 653
-
7 049
-
social contributions
123
-
521
-
other
1 408
-
7 352
-
total
12 749
-
54 956
-
Corporate
175 423
229 000
-
-
income
49 118
64 120
-
-
surtax
-
-
-
-
total
49 118
64 120
-
-
Dividends
126 305
164 880
-
-
surtax
-
-
-
-
social contributions
21 725
28 358
-
-
withholding
16 168
21 104
-
-
total
37 893
49 462
-
-
Income
229 000
229 000
229 000
229 000
Total tax
107 949
113 582
112 558
104 936
After tax
121 051
115 418
116 442
124 064
Living cost
32 637
32 637
32 637
32 637
Free-cash
88 414
82 781
83 805
91 427

Estimated living cost  is ₽32637 per week

₽20579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8850
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86014
₽87038
₽94660
₽91315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 702
other
-
-
-
7 100
surtax
-
-
-
-
social contributions
-
-
-
6 524
health
-
-
-
11 586
pensions
-
-
-
35 024
total
-
-
-
104 936
Employee
36 444
-
174 044
-
pensions
4 122
-
13 425
-
surtax
-
-
-
-
social contributions
1 039
-
4 958
-
income
1 879
-
39 219
-
total
7 040
-
57 602
-
Employer
36 444
-
174 044
-
health
2 551
-
17 669
-
pensions
5 988
-
22 365
-
unemployment
1 475
-
7 049
-
social contributions
109
-
521
-
other
1 258
-
7 352
-
total
11 381
-
54 956
-
Corporate
181 175
229 000
-
-
income
50 729
64 120
-
-
surtax
-
-
-
-
total
50 729
64 120
-
-
Dividends
130 446
164 880
-
-
surtax
-
-
-
-
social contributions
22 435
28 358
-
-
withholding
16 696
21 104
-
-
total
39 131
49 462
-
-
Income
229 000
229 000
229 000
229 000
Total tax
108 281
113 582
112 558
104 936
After tax
120 719
115 418
116 442
124 064
Living cost
29 404
29 404
29 404
29 404
Free-cash
91 315
86 014
87 038
94 660

Estimated living cost  is ₽29404 per week

₽17053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119483
₽120322
₽126835
₽119979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 602
health
-
-
-
15 985
total
-
-
-
81 937
Employee
32 344
-
229 000
-
social contributions
4 464
-
31 602
-
income
5 395
-
40 863
-
health
2 257
-
15 985
-
total
12 116
-
88 450
-
Employer
32 344
-
229 000
-
total
-
-
-
-
Corporate
196 656
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%.

9 833
11 450
-
-
total
9 833
11 450
-
-
Dividends
186 823
217 550
-
-
social contributions
25 782
30 022
-
-
withholding
28 023
32 632
-
-
health
13 039
15 185
-
-
total
66 844
77 839
-
-
Income
229 000
229 000
229 000
229 000
Total tax
88 793
89 289
88 450
81 937
After tax
140 207
139 711
140 550
147 063
Living cost
20 228
20 228
20 228
20 228
Free-cash
119 979
119 483
120 322
126 835

Estimated living cost  is ₽20228 per week

₽13537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92513
₽26113
₽83467
₽91035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 823
surtax
-
-
-
188
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
916
health
-
-
-
8 525
pensions
-
-
-
20 617
total
-
-
-
111 920
Employee
47 673
38 016
190 937
-
other
476
380
1 115
-
unemployment
1 430
1 140
3 344
-
pensions
4 882
3 892
11 412
-
income
5 427
2 804
64 198
-
health
1 845
1 472
4 312
-
total
14 060
9 688
84 381
-
Employer
47 673
38 016
190 937
-
chamber of commerce
190
152
764
-
health
1 801
1 437
4 213
-
pensions
5 983
4 772
13 986
-
accident
619
494
1 448
-
unemployment
1 430
1 140
3 344
-
surtax
188
188
188
-
payroll
1 430
1 140
5 728
-
other
2 265
1 805
8 392
-
total
13 906
11 128
38 063
-
Corporate
167 420
179 855
187 317
-
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.

41 855
44 964
46 830
-
total
41 855
44 964
46 830
-
Dividends
125 565
134 891
-
-
withholding
34 531
37 094
-
-
total
34 531
37 094
-
-
Income
229 000
229 000
229 000
229 000
Total tax
104 352
102 874
169 274
111 920
After tax
124 648
126 126
59 726
117 080
Living cost
33 613
33 613
33 613
33 613
Free-cash
91 035
92 513
26 113
83 467

Estimated living cost  is ₽33613 per week

₽22418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90082
₽42444
₽64893
₽78857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
12 313
social contributions
-
-
-
23 783
national
-
-
-
93 229
total
-
-
-
129 325
Employee

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

68 236
-
177 367
-
unemployment

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

594
-
1 542
-
communal

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

3 559
-
9 250
-
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.

5 118
-
13 302
-
national
20 978
-
67 715
-
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.

3 206
-
8 336
-
total
33 455
-
100 145
-
Employer

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

68 236
-
177 367
-
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.

4 196
-
10 907
-
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.

6 046
-
15 715
-
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.

887
-
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.

996
-
2 589
-
surtax
7 737
-
20 112
-
total
19 862
-
51 629
-
Corporate
140 902
229 000
-
-
income
28 181
50 117
-
-
surtax
563
1 003
-
-
total
28 744
51 120
-
-
Dividends
112 159
177 880
-
-
withholding

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

33 300
53 016
-
-
total
33 300
53 016
-
-
Income
229 000
229 000
229 000
229 000
Total tax
115 361
104 136
151 774
129 325
After tax
113 639
124 864
77 226
99 675
Living cost
34 782
34 782
34 782
34 782
Free-cash
78 857
90 082
42 444
64 893

Estimated living cost  is ₽34782 per week

₽22404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117457
₽89379
₽93380
₽110923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
797
income
-
-
-
74 642
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
101 169
Employee
47 485
-
200 812
-
other
47
-
89
-
unemployment
737
-
1 370
-
pensions
2 232
-
4 156
-
income
10 019
-
71 367
-
total
13 035
-
76 982
-
Employer
47 485
-
200 812
-
pensions
11 206
-
20 867
-
accident
940
-
1 751
-
unemployment
2 612
-
4 862
-
other
378
-
708
-
total
15 136
-
28 188
-
Corporate
166 380
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.

24 956
34 350
-
-
total
24 956
34 350
-
-
Dividends
141 423
194 650
-
-
withholding
30 499
42 742
-
-
total
30 499
42 742
-
-
Income
229 000
229 000
229 000
229 000
Total tax
83 626
77 092
105 170
101 169
After tax
145 374
151 908
123 830
127 831
Living cost
34 451
34 451
34 451
34 451
Free-cash
110 923
117 457
89 379
93 380

Estimated living cost  is ₽34451 per week

₽25369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76580
₽63681
₽54819
₽63463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 913
income
-
-
-
44 628
surtax
-
-
-
11 387
health
-
-
-
15 938
pensions
-
-
-
34 001
total
-
-
-
122 340
Employee
72 241
-
204 556
-
pensions
5 778
-
16 365
-
surtax
4 428
-
12 536
-
income
6 978
-
51 031
-
health
3 215
-
9 102
-
total
20 399
-
89 034
-
Employer
72 241
-
204 556
-
health
2 203
-
6 238
-
pensions
5 778
-
16 365
-
accident
650
-
1 841
-
total
8 631
-
24 444
-
Corporate
148 128
229 000
-
-
communal
9 998
15 458
-
-
income
22 219
34 350
-
-
surtax
1 555
2 404
-
-
total
33 772
52 212
-
-
Dividends
114 355
176 788
-
-
income
33 740
21 848
-
-
withholding
17 154
26 519
-
-
total
50 894
48 367
-
-
Income
229 000
229 000
229 000
229 000
Total tax
113 696
100 579
113 478
122 340
After tax
115 304
128 421
115 522
106 660
Living cost
51 841
51 841
51 841
51 841
Free-cash
63 463
76 580
63 681
54 819

Estimated living cost  is ₽51841 per week

₽38888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122614
₽80301
₽86134
₽119580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 031
other
-
-
-
-
surtax
-
-
-
12 690
unemployment
-
-
-
217
health
-
-
-
9 039
pensions
-
-
-
25 463
total
-
-
-
121 440
Employee
32 125
-
202 201
-
other
-
-
-
-
unemployment
2 236
-
8 861
-
pensions
2 143
-
8 492
-
surtax
114
-
11 550
-
income
5 386
-
68 325
-
health
820
-
3 246
-
total
10 699
-
100 474
-
Employer
32 125
-
202 201
-
health
1 461
-
5 793
-
pensions
4 283
-
16 971
-
unemployment
1 019
-
4 035
-
other
-
-
-
-
total
6 763
-
26 799
-
Corporate
190 112
229 000
-
-
income
49 430
59 540
-
-
total
49 430
59 540
-
-
Dividends
140 682
169 460
-
-
withholding
21 102
25 420
-
-
total
21 102
25 420
-
-
Income
229 000
229 000
229 000
229 000
Total tax
87 994
84 960
127 273
121 440
After tax
141 006
144 040
101 727
107 560
Living cost
21 426
21 426
21 426
21 426
Free-cash
119 580
122 614
80 301
86 134

Estimated living cost  is ₽21426 per week

₽12936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6131
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94670
₽76808
₽84855
₽92553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 744
regional
-
-
-
3 679
municipal
-
-
-
1 450
national
-
-
-
65 575
total
-
-
-
118 448
Employee
52 916
-
229 000
-
municipal
281
-
1 331
-
national
8 383
-
59 191
-
regional
712
-
3 379
-
social contributions
17 844
-
62 594
-
total
27 220
-
126 495
-
Employer
52 916
-
229 000
-
total
-
-
-
-
Corporate
176 084
229 000
-
-
municipal
8 751
11 381
-
-
nationa
42 261
54 960
-
-
total
51 012
66 341
-
-
Dividends
125 072
162 659
-
-
withholding
32 518
42 292
-
-
total
32 518
42 292
-
-
Income
229 000
229 000
229 000
229 000
Total tax
110 750
108 633
126 495
118 448
After tax
118 250
120 367
102 505
110 552
Living cost
25 697
25 697
25 697
25 697
Free-cash
92 553
94 670
76 808
84 855

Estimated living cost  is ₽25697 per week

₽15981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128416
₽96655
₽106802
₽117982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 589
social contributions
-
-
-
34 157
solidarity contribution
-
-
-
3 287
health
-
-
-
30 915
total
-
-
-
92 948
Employee
43 015
-
183 263
-
solidarity contribution
-
-
2 376
-
social contributions
2 796
-
7 603
-
income
5 162
-
22 638
-
health
5 807
-
24 740
-
total
13 765
-
57 357
-
Employer
43 015
-
183 263
-
health
3 871
-
16 494
-
social contributions
10 754
-
29 244
-
total
14 625
-
45 738
-
Corporate
171 360
229 000
-
-
income
32 558
43 510
-
-
total
32 558
43 510
-
-
Dividends
138 802
185 490
-
-
withholding
20 820
27 824
-
-
total
20 820
27 824
-
-
Income
229 000
229 000
229 000
229 000
Total tax
81 768
71 334
103 095
92 948
After tax
147 232
157 666
125 905
136 052
Living cost
29 250
29 250
29 250
29 250
Free-cash
117 982
128 416
96 655
106 802

Estimated living cost  is ₽29250 per week

₽21752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5371
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95793
₽29337
₽86834
₽95318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 823
surtax
-
-
-
-
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
916
health
-
-
-
8 525
pensions
-
-
-
20 617
total
-
-
-
111 732
Employee
41 699
38 016
191 113
-
other
416
380
1 115
-
unemployment
1 251
1 140
3 344
-
pensions
4 270
3 892
11 412
-
income
3 715
2 804
64 285
-
health
1 613
1 472
4 312
-
total
11 265
9 688
84 468
-
Employer
41 699
38 016
191 113
-
chamber of commerce
167
152
764
-
health
1 577
1 437
4 213
-
pensions
5 234
4 772
13 986
-
accident
541
494
1 448
-
unemployment
1 251
1 140
3 344
-
surtax
-
-
-
-
payroll
1 251
1 140
5 733
-
other
1 980
1 805
8 400
-
total
12 001
10 940
37 888
-
Corporate
175 300
180 043
187 492
-
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.

43 825
45 011
46 873
-
total
43 825
45 011
46 873
-
Dividends
131 475
135 032
-
-
withholding
36 157
37 134
-
-
total
36 157
37 134
-
-
Income
229 000
229 000
229 000
229 000
Total tax
103 248
102 773
169 229
111 732
After tax
125 752
126 227
59 771
117 268
Living cost
30 434
30 434
30 434
30 434
Free-cash
95 318
95 793
29 337
86 834

Estimated living cost  is ₽30434 per week

₽18257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽205408
₽171058
₽214568
₽203131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 178
-
229 000
-
income
3 036
-
45 800
-
total
3 036
-
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%.

213 822
229 000
-
-
total
-
-
-
-
Dividends
213 822
229 000
-
-
withholding
10 691
11 450
-
-
total
10 691
11 450
-
-
Income
229 000
229 000
229 000
229 000
Total tax
13 727
11 450
45 800
2 290
After tax
215 273
217 550
183 200
226 710
Living cost
12 142
12 142
12 142
12 142
Free-cash
203 131
205 408
171 058
214 568

Estimated living cost  is ₽12142 per week

₽8217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132079
₽74239
₽79209
₽124100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
59 505
unemployment
-
-
-
344
health
-
-
-
22 534
pensions
-
-
-
41 821
total
-
-
-
124 204
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.

42 183
-
198 149
-
unemployment
60
-
277
-
pensions
6 539
-
30 713
-
income
7 274
-
54 534
-
health
2 724
-
12 800
-
total
16 597
-
98 324
-
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.

42 183
-
198 149
-
health
2 810
-
13 195
-
pensions
3 733
-
17 536
-
unemployment
25
-
119
-
total
6 568
-
30 850
-
Corporate
180 249
229 000
-
-
income
34 247
43 510
-
-
total
34 247
43 510
-
-
Dividends
146 002
185 490
-
-
withholding
21 901
27 824
-
-
total
21 901
27 824
-
-
Income
229 000
229 000
229 000
229 000
Total tax
79 313
71 334
129 174
124 204
After tax
149 687
157 666
99 826
104 796
Living cost
25 587
25 587
25 587
25 587
Free-cash
124 100
132 079
74 239
79 209

Estimated living cost  is ₽25587 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97958
₽175022
₽116891
₽52357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
59 313
-
-
-
social contributions
4 864
-
693
-
income
13 083
-
-
-
total
17 947
-
693
-
Employer
59 313
-
-
-
social contributions
83 631
-
11 919
-
total
83 631
-
11 919
-
Corporate
86 056
229 000
-
-
income
18 932
50 380
-
-
total
18 932
50 380
-
-
Dividends
67 123
178 620
-
-
income
14 767
39 296
-
-
total
14 767
39 296
-
-
Income
229 000
229 000
229 000
229 000
Total tax
135 277
89 676
12 612
70 743
After tax
93 723
139 324
216 388
158 257
Living cost
41 366
41 366
41 366
41 366
Free-cash
52 357
97 958
175 022
116 891

Estimated living cost  is ₽41366 per week

₽26840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100333
₽70386
₽88806
₽99371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 694
surtax
-
-
-
-
social contributions

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

-
-
-
79 578
total
-
-
-
110 272
Employee
43 874
-
185 050
-
surtax
-
-
496
-
social contributions
4 826
-
20 355
-
income
9 126
-
63 891
-
total
13 952
-
84 742
-
Employer
43 874
-
185 050
-
social contributions
10 420
-
43 950
-
total
10 420
-
43 950
-
Corporate
174 706
229 000
-
-
income
36 689
48 090
-
-
surtax
-
-
-
-
total
36 689
48 090
-
-
Dividends
138 018
180 910
-
-
withholding
38 646
50 655
-
-
total
38 646
50 655
-
-
Income
229 000
229 000
229 000
229 000
Total tax
99 707
98 745
128 692
110 272
After tax
129 293
130 255
100 308
118 728
Living cost
29 922
29 922
29 922
29 922
Free-cash
99 371
100 333
70 386
88 806

Estimated living cost  is ₽29922 per week

₽22388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69344
₽70368
₽77990
₽75899
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 702
other
-
-
-
7 100
surtax
-
-
-
-
social contributions
-
-
-
6 524
health
-
-
-
11 586
pensions
-
-
-
35 024
total
-
-
-
104 936
Employee
59 747
-
174 044
-
pensions
6 758
-
13 425
-
surtax
-
-
-
-
social contributions
1 702
-
4 958
-
income
5 213
-
39 219
-
total
13 673
-
57 602
-
Employer
59 747
-
174 044
-
health
4 182
-
17 669
-
pensions
9 817
-
22 365
-
unemployment
2 420
-
7 049
-
social contributions
179
-
521
-
other
2 062
-
7 352
-
total
18 660
-
54 956
-
Corporate
150 593
229 000
-
-
income
42 167
64 120
-
-
surtax
-
-
-
-
total
42 167
64 120
-
-
Dividends
108 426
164 880
-
-
surtax
-
-
-
-
social contributions
18 648
28 358
-
-
withholding
13 879
21 104
-
-
total
32 527
49 462
-
-
Income
229 000
229 000
229 000
229 000
Total tax
107 027
113 582
112 558
104 936
After tax
121 973
115 418
116 442
124 064
Living cost
46 074
46 074
46 074
46 074
Free-cash
75 899
69 344
70 368
77 990

Estimated living cost  is ₽46074 per week

₽31182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177425
₽143963
₽137876
₽174221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 069
social contributions
-
-
-
50 380
total
-
-
-
62 449
Employee
30 668
-
198 267
-
income
-
-
12 744
-
social contributions
1 993
-
12 887
-
total
1 993
-
25 631
-
Employer
30 668
-
198 267
-
social contributions
4 754
-
30 731
-
total
4 754
-
30 731
-
Corporate
193 578
229 000
-
-
income
19 357
22 900
-
-
total
19 357
22 900
-
-
Dividends
174 221
206 100
-
-
total
-
-
-
-
Income
229 000
229 000
229 000
229 000
Total tax
26 104
22 900
56 362
62 449
After tax
202 896
206 100
172 638
166 551
Living cost
28 675
28 675
28 675
28 675
Free-cash
174 221
177 425
143 963
137 876

Estimated living cost  is ₽28675 per week

₽18541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2161
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.
₽7433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21348
₽21348
₽85628
₽11621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 254
municipal
-
-
-
49 517
national
-
-
-
28 875
pensions
-
-
-
826
total
-
-
-
97 472
Employee
193 732
193 732
193 732
-
municipal
41 254
41 254
41 254
-
labour market
15 476
15 476
15 476
-
pensions
275
275
275
-
national
23 668
23 668
23 668
-
total
80 673
80 673
80 673
-
Employer
193 732
193 732
193 732
-
national
23 709
23 709
23 709
-
labour market
15 499
15 499
15 499
-
pensions
551
551
551
-
municipal
41 320
41 320
41 320
-
total
81 079
81 079
81 079
-
Corporate
21 348
-
-
-
income
4 697
-
-
-
total
4 697
-
-
-
Dividends
16 652
-
-
-
withholding
5 030
-
-
-
total
5 030
-
-
-
Income
229 000
229 000
229 000
229 000
Total tax
171 479
161 752
161 752
97 472
After tax
57 521
67 248
67 248
131 528
Living cost
45 900
45 900
45 900
45 900
Free-cash
11 621
21 348
21 348
85 628

Estimated living cost  is ₽45900 per week

₽31414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2468
₽105417
₽135318
₽15323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
65 912
other
-
-
-
359
health
-
-
-
2 115
pensions
-
-
-
4 034
total
-
-
-
72 665
Employee
33 061
-
209 679
-
pensions
3 723
-
7 397
-
income
4 536
-
51 840
-
health
3 786
-
24 008
-
total
12 045
-
83 245
-
Employer
33 061
-
209 679
-
pensions
5 376
-
10 682
-
accident
552
-
3 502
-
unemployment
810
-
5 137
-
total
6 738
-
19 321
-
Corporate
189 202
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.

170 282
206 100
-
-
total
170 282
206 100
-
-
Dividends
18 920
22 900
-
-
withholding
3 595
4 351
-
-
total
3 595
4 351
-
-
Income
229 000
229 000
229 000
229 000
Total tax
192 660
210 451
102 566
72 665
After tax
36 340
18 549
126 434
156 335
Living cost
21 017
21 017
21 017
21 017
Free-cash
15 323
-2 468
105 417
135 318

Estimated living cost  is ₽21017 per week

₽15298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1198
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103085
₽75989
₽102220
₽106032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 128
municipal
-
-
-
40 657
national
-
-
-
46 371
total
-
-
-
90 156
Employee
50 189
-
192 648
-
municipal
8 220
-
31 354
-
unemployment
753
-
2 889
-
pensions
3 387
-
13 003
-
national
829
-
30 219
-
health
375
-
2 569
-
total
13 564
-
80 034
-
Employer
50 189
-
192 648
-
health
386
-
1 483
-
pensions
8 707
-
33 425
-
accident
51
-
192
-
unemployment
326
-
1 253
-
total
9 470
-
36 353
-
Corporate
169 342
229 000
-
-
income
33 868
45 800
-
-
total
33 868
45 800
-
-
Dividends

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

101 605
137 400
-
-
municipal
18 289
24 732
-
-
national
11 153
18 759
-
-
total
29 442
43 491
-
-
Income
229 000
229 000
229 000
229 000
Total tax
86 344
89 291
116 387
90 156
After tax
142 656
139 709
112 613
138 844
Living cost
36 624
36 624
36 624
36 624
Free-cash
106 032
103 085
75 989
102 220

Estimated living cost  is ₽36624 per week

₽23923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽144772
₽129534
₽131382
₽139582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 258
social contributions
-
-
-
15 434
health
-
-
-
5 840
total
-
-
-
75 532
Employee
73 353
73 353
216 779
-
social contributions
2 773
6 088
8 211
-
income
7 987
6 790
53 262
-
health
568
1 247
3 686
-
total
11 328
14 125
65 159
-
Employer
73 353
73 353
216 779
-
health
617
1 358
4 010
-
social contributions
2 773
6 088
8 211
-
total
3 390
7 446
12 221
-
Corporate
192 194
148 201
-
-
income
24 024
18 525
-
-
total
24 024
18 525
-
-
Dividends
168 170
129 677
-
-
withholding
28 590
22 046
-
-
total
28 590
22 046
-
-
Income
229 000
229 000
229 000
229 000
Total tax
67 332
62 142
77 380
75 532
After tax
161 668
166 858
151 620
153 468
Living cost
22 086
22 086
22 086
22 086
Free-cash
139 582
144 772
129 534
131 382

Estimated living cost  is ₽22086 per week

₽13237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174490
₽161370
₽180504
₽169635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 803
unemployment
-
-
-
27
health
-
-
-
3 452
pensions
-
-
-
6 068
total
-
-
-
33 350
Employee

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

21 896
-
219 677
-
unemployment
109
-
453
-
pensions
3 284
-
13 577
-
income
1 497
-
21 437
-
health
1 861
-
7 694
-
total
6 751
-
43 161
-
Employer

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

21 896
-
219 677
-
health
941
-
3 892
-
pensions
1 204
-
4 978
-
unemployment
109
-
453
-
total
2 254
-
9 323
-
Corporate
204 850
229 000
-
-
income
18 436
20 610
-
-
total
18 436
20 610
-
-
Dividends
186 414
208 390
-
-
withholding
16 778
18 754
-
-
total
16 778
18 754
-
-
Income
229 000
229 000
229 000
229 000
Total tax
44 219
39 364
52 484
33 350
After tax
184 781
189 636
176 516
195 650
Living cost
15 146
15 146
15 146
15 146
Free-cash
169 635
174 490
161 370
180 504

Estimated living cost  is ₽15146 per week

₽9663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125676
₽97598
₽101599
₽121462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
797
income
-
-
-
74 642
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
101 169
Employee
35 273
-
200 812
-
other
34
-
89
-
unemployment
547
-
1 370
-
pensions
1 658
-
4 156
-
income
6 800
-
71 367
-
total
9 039
-
76 982
-
Employer
35 273
-
200 812
-
pensions
8 324
-
20 867
-
accident
699
-
1 751
-
unemployment
1 941
-
4 862
-
other
282
-
708
-
total
11 246
-
28 188
-
Corporate
182 482
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.

27 373
34 350
-
-
total
27 373
34 350
-
-
Dividends
155 109
194 650
-
-
withholding
33 648
42 742
-
-
total
33 648
42 742
-
-
Income
229 000
229 000
229 000
229 000
Total tax
81 306
77 092
105 170
101 169
After tax
147 694
151 908
123 830
127 831
Living cost
26 232
26 232
26 232
26 232
Free-cash
121 462
125 676
97 598
101 599

Estimated living cost  is ₽26232 per week

₽17706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
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.
₽5545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141040
₽145772
₽145904
₽140735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
78 904
health
-
-
-
982
pensions
-
-
-
1 354
total
-
-
-
81 240
Employee
2 827
-
227 477
-
unemployment
28
-
68
-
pensions
254
-
609
-
income
547
-
78 833
-
health
141
-
339
-
total
970
-
79 849
-
Employer
2 827
-
227 477
-
health
269
-
643
-
pensions
311
-
745
-
unemployment
57
-
135
-
total
637
-
1 523
-
Corporate
225 536
229 000
-
-
income
49 618
50 380
-
-
total
49 618
50 380
-
-
Dividends
175 918
178 620
-
-
withholding
35 184
35 724
-
-
total
35 184
35 724
-
-
Income
229 000
229 000
229 000
229 000
Total tax
86 409
86 104
81 372
81 240
After tax
142 591
142 896
147 628
147 760
Living cost
1 856
1 856
1 856
1 856
Free-cash
140 735
141 040
145 772
145 904

Estimated living cost  is ₽1856 per week

₽1103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148957
₽132594
₽132595
₽144263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 266
unemployment
-
-
-
1 057
health
-
-
-
7 260
pensions
-
-
-
18 327
total
-
-
-
79 910
Employee

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

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

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

24 873
-
216 383
-
unemployment
187
-
529
-
pensions
3 482
-
9 868
-
income
3 429
-
53 266
-
health
1 281
-
3 630
-
total
8 379
-
67 293
-
Employer

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

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

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

24 873
-
216 383
-
health
1 281
-
3 630
-
pensions
2 985
-
8 459
-
unemployment
187
-
529
-
total
4 453
-
12 618
-
Corporate
199 675
229 000
-
-
income
29 951
34 350
-
-
total
29 951
34 350
-
-
Dividends
169 724
194 650
-
-
withholding
25 459
29 198
-
-
total
25 459
29 198
-
-
Income
229 000
229 000
229 000
229 000
Total tax
68 242
63 548
79 911
79 910
After tax
160 758
165 452
149 089
149 090
Living cost
16 495
16 495
16 495
16 495
Free-cash
144 263
148 957
132 594
132 595

Estimated living cost  is ₽16495 per week

₽11106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1276
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.
₽3636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104538
₽74591
₽93011
₽104197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 694
surtax
-
-
-
-
social contributions

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

-
-
-
79 578
total
-
-
-
110 272
Employee
37 024
-
185 050
-
surtax
-
-
496
-
social contributions
4 073
-
20 355
-
income
7 234
-
63 891
-
total
11 307
-
84 742
-
Employer
37 024
-
185 050
-
social contributions
8 792
-
43 950
-
total
8 792
-
43 950
-
Corporate
183 183
229 000
-
-
income
38 468
48 090
-
-
surtax
-
-
-
-
total
38 468
48 090
-
-
Dividends
144 715
180 910
-
-
withholding
40 519
50 655
-
-
total
40 519
50 655
-
-
Income
229 000
229 000
229 000
229 000
Total tax
99 086
98 745
128 692
110 272
After tax
129 914
130 255
100 308
118 728
Living cost
25 717
25 717
25 717
25 717
Free-cash
104 197
104 538
74 591
93 011

Estimated living cost  is ₽25717 per week

₽18215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1787
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.
₽5261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118382
₽90304
₽94305
₽112142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
797
income
-
-
-
74 642
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
101 169
Employee
46 071
-
200 812
-
other
45
-
89
-
unemployment
713
-
1 370
-
pensions
2 165
-
4 156
-
income
9 623
-
71 367
-
total
12 546
-
76 982
-
Employer
46 071
-
200 812
-
pensions
10 873
-
20 867
-
accident
912
-
1 751
-
unemployment
2 534
-
4 862
-
other
369
-
708
-
total
14 688
-
28 188
-
Corporate
168 241
229 000
-
-
income

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

25 235
34 350
-
-
total
25 235
34 350
-
-
Dividends
143 005
194 650
-
-
withholding
30 863
42 742
-
-
total
30 863
42 742
-
-
Income
229 000
229 000
229 000
229 000
Total tax
83 332
77 092
105 170
101 169
After tax
145 668
151 908
123 830
127 831
Living cost
33 526
33 526
33 526
33 526
Free-cash
112 142
118 382
90 304
94 305

Estimated living cost  is ₽33526 per week

₽24077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽179384
₽178979
₽169342
₽173569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
133
health
-
-
-
3 832
pensions

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

-
-
-
4 932
total
-
-
-
43 247
Employee
21 731
-
222 462
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
pensions

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

1 908
-
2 926
-
income
2 173
-
22 246
-
health
1 000
-
1 533
-
total
5 320
-
27 072
-
Employer
21 731
-
222 462
-
health
1 500
-
2 299
-
pensions

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

2 395
-
3 672
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
unemployment
131
-
200
-
total
4 265
-
6 538
-
Corporate
203 006
229 000
-
-
income
20 300
22 900
-
-
total
20 300
22 900
-
-
Dividends
182 705
206 100
-
-
withholding
9 135
10 305
-
-
total
9 135
10 305
-
-
Income
229 000
229 000
229 000
229 000
Total tax
39 020
33 205
33 610
43 247
After tax
189 980
195 795
195 390
185 753
Living cost
16 411
16 411
16 411
16 411
Free-cash
173 569
179 384
178 979
169 342

Estimated living cost  is ₽16411 per week

₽10854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80924
₽103842
₽77345
₽93406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 547
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.

-
-
-
4 265
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.

-
-
-
6 517
trade
-
-
-
26 497
total
-
-
-
114 826
Employee

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

47 464
-
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.

215
-
4 265
-
income

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

3 903
-
77 547
-
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.

6 517
-
6 517
-
total
10 635
-
88 329
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 536
229 000
-
-
income
27 230
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.

1 497
1 890
-
-
chamber of commerce
411
480
-
-
trade
26 050
32 862
-
-
total
55 188
69 582
-
-
Dividends
126 348
159 419
-
-
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.

1 718
2 172
-
-
withholding
31 224
39 493
-
-
total
32 942
41 665
-
-
Income
229 000
229 000
229 000
229 000
Total tax
98 765
111 247
88 329
114 826
After tax
130 235
117 753
140 671
114 174
Living cost
36 829
36 829
36 829
36 829
Free-cash
93 406
80 924
103 842
77 345

Estimated living cost  is ₽36829 per week

₽25405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105960
₽59210
₽59210
₽108066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 832
social contributions
-
-
-
39 618
total
-
-
-
115 450
Employee
74 619
-
229 000
-
income
14 080
-
75 832
-
social contributions
6 199
-
39 618
-
total
20 279
-
115 450
-
Employer
74 619
-
229 000
-
total
-
-
-
-
Corporate
154 381
229 000
-
-
income
19 298
28 626
-
-
total
19 298
28 626
-
-
Dividends
135 083
200 374
-
-
withholding
27 017
40 074
-
-
total
27 017
40 074
-
-
Income
229 000
229 000
229 000
229 000
Total tax
66 594
68 700
115 450
115 450
After tax
162 406
160 300
113 550
113 550
Living cost
54 340
54 340
54 340
54 340
Free-cash
108 066
105 960
59 210
59 210

Estimated living cost  is ₽54340 per week

₽41341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109182
₽124476
₽154173
₽112516
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 849
total
-
-
-
40 199
Employee
43 761
-
224 612
-
income
4 748
-
61 120
-
social contributions
4 384
-
4 388
-
total
9 132
-
65 508
-
Employer
43 761
-
224 612
-
social contributions
4 384
-
4 388
-
total
4 384
-
4 388
-
Corporate
180 855
229 000
-
-
income
63 300
80 150
-
-
total
63 300
80 150
-
-
Dividends
117 555
148 850
-
-
social contributions
5 040
5 040
-
-
total
5 040
5 040
-
-
Income
229 000
229 000
229 000
229 000
Total tax
81 856
85 190
69 896
40 199
After tax
147 144
143 810
159 104
188 801
Living cost
34 628
34 628
34 628
34 628
Free-cash
112 516
109 182
124 476
154 173

Estimated living cost  is ₽34628 per week

₽22809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108029
₽91642
₽112023
₽113634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 064
pensions
-
-
-
9 761
total
-
-
-
81 825
Employee
48 251
-
199 469
-
pensions
3 683
-
11 549
-
income
8 787
-
58 477
-
health
629
-
2 649
-
total
13 099
-
72 675
-
Employer
48 251
-
199 469
-
health
917
-
3 789
-
pensions
4 875
-
25 742
-
total
5 792
-
29 531
-
Corporate
174 957
229 000
-
-
income

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

33 242
43 509
-
-
total
33 242
43 509
-
-
Dividends
141 715
185 491
-
-
withholding
28 081
42 310
-
-
total
28 081
42 310
-
-
Income
229 000
229 000
229 000
229 000
Total tax
80 214
85 819
102 206
81 825
After tax
148 786
143 181
126 794
147 175
Living cost
35 152
35 152
35 152
35 152
Free-cash
113 634
108 029
91 642
112 023

Estimated living cost  is ₽35152 per week

₽24114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4548
₽103337
₽133238
₽15006
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
65 912
other
-
-
-
359
health
-
-
-
2 115
pensions
-
-
-
4 034
total
-
-
-
72 665
Employee
36 333
-
209 679
-
pensions
4 091
-
7 397
-
income
4 985
-
51 840
-
health
4 160
-
24 008
-
total
13 236
-
83 245
-
Employer
36 333
-
209 679
-
pensions
5 908
-
10 682
-
accident
607
-
3 502
-
unemployment
890
-
5 137
-
total
7 405
-
19 321
-
Corporate
185 263
229 000
-
-
income

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

166 736
206 100
-
-
total
166 736
206 100
-
-
Dividends
18 526
22 900
-
-
withholding
3 520
4 351
-
-
total
3 520
4 351
-
-
Income
229 000
229 000
229 000
229 000
Total tax
190 897
210 451
102 566
72 665
After tax
38 103
18 549
126 434
156 335
Living cost
23 097
23 097
23 097
23 097
Free-cash
15 006
-4 548
103 337
133 238

Estimated living cost  is ₽23097 per week

₽16951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162315
₽156496
₽135545
₽159432
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 682
unemployment
-
-
-
1 828
work injury
-
-
-
762
health insurance
-
-
-
11 276
pensions
-
-
-
28 037
total
-
-
-
80 585
Employee

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

20 592
-
229 000
-
health insurance
1 524
-
5 638
-
unemployment
247
-
914
-
work injury
103
-
381
-
pensions
3 789
-
14 019
-
income
2 059
-
38 682
-
total
7 722
-
59 634
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
208 408
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%.

20 841
22 900
-
-
total
20 841
22 900
-
-
Dividends
187 567
206 100
-
-
withholding
28 135
30 915
-
-
total
28 135
30 915
-
-
Income
229 000
229 000
229 000
229 000
Total tax
56 698
53 815
59 634
80 585
After tax
172 302
175 185
169 366
148 415
Living cost
12 870
12 870
12 870
12 870
Free-cash
159 432
162 315
156 496
135 545

Estimated living cost  is ₽12870 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82620
₽62491
₽70329
₽78280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 744
regional
-
-
-
5 718
municipal
-
-
-
1 631
national
-
-
-
65 575
total
-
-
-
120 668
Employee
80 385
-
229 000
-
municipal
480
-
1 497
-
national
13 584
-
59 191
-
regional
1 214
-
5 224
-
social contributions
27 105
-
62 594
-
total
42 383
-
128 506
-
Employer
80 385
-
229 000
-
total
-
-
-
-
Corporate
148 615
229 000
-
-
municipal
7 163
11 037
-
-
nationa
35 668
54 960
-
-
total
42 831
65 997
-
-
Dividends
105 784
163 003
-
-
withholding
27 503
42 380
-
-
total
27 503
42 380
-
-
Income
229 000
229 000
229 000
229 000
Total tax
112 717
108 377
128 506
120 668
After tax
116 283
120 623
100 494
108 332
Living cost
38 003
38 003
38 003
38 003
Free-cash
78 280
82 620
62 491
70 329

Estimated living cost  is ₽38003 per week

₽26694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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