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
₽112128
₽87140
₽82891
₽97460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 287
trade
-
-
-
29 237
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.

-
-
-
77 961
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.

-
-
-
6 372
total
-
-
-
117 857
Employee

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

35 675
-
229 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 372
-
6 372
-
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.

55
-
4 287
-
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.

997
-
77 961
-
total
7 424
-
88 620
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
193 325
229 000
-
-
chamber of commerce
419
471
-
-
trade
30 448
36 068
-
-
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.

1 595
1 889
-
-
income
28 998
34 349
-
-
total
61 460
72 777
-
-
Dividends
131 864
156 223
-
-
withholding
32 611
38 702
-
-
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.

1 793
2 129
-
-
total
34 404
40 831
-
-
Income
229 000
229 000
229 000
229 000
Total tax
103 288
113 608
88 620
117 857
After tax
125 712
115 392
140 380
111 143
Living cost
28 252
28 252
28 252
28 252
Free-cash
97 460
87 140
112 128
82 891

Estimated living cost  is ₽28252 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
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.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81345
₽93159
₽80115
₽92332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
25 485
social contributions
-
-
-
2 462
national
-
-
-
43 721
pensions
-
-
-
27 480
total
-
-
-
99 148
Employee
77 101
-
197 968
-
pensions
3 084
-
7 919
-
national
14 757
-
45 663
-
municipal
9 523
-
26 371
-
total
27 364
-
79 953
-
Employer
77 101
-
197 968
-
pensions
6 168
-
15 837
-
social contributions
829
-
2 128
-
total
6 997
-
17 965
-
Corporate
139 813
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%.

27 963
45 800
-
-
total
27 963
45 800
-
-
Dividends
111 850
183 200
-
-
withholding
24 607
40 304
-
-
total
24 607
40 304
-
-
Income
229 000
229 000
229 000
229 000
Total tax
86 931
86 104
97 918
99 148
After tax
142 069
142 896
131 082
129 852
Living cost
49 737
49 737
49 737
49 737
Free-cash
92 332
93 159
81 345
80 115

Estimated living cost  is ₽49737 per week

₽33806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81167
₽163795
₽65178
₽156144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
surtax
-
-
-
58 395
social contributions

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

-
-
-
35 737
income
-
-
-
50 285
total
-
-
-
144 417
Employee
27 255
-
182 181
-
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.

2 998
-
12 227
-
surtax
-
-
26 416
-
income
4 852
-
42 966
-
total
7 850
-
81 609
-
Employer
27 255
-
182 181
-
surtax
-
-
20 040
-
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.

6 565
-
26 779
-
total
6 565
-
46 819
-
Corporate
195 180
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%.

39 036
45 800
-
-
total
39 036
45 800
-
-
Dividends

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

156 144
183 200
-
-
total
-
-
-
-
Income
229 000
229 000
229 000
229 000
Total tax
53 451
45 800
128 428
144 417
After tax
175 549
183 200
100 572
84 583
Living cost
19 405
19 405
19 405
19 405
Free-cash
156 144
163 795
81 167
65 178

Estimated living cost  is ₽19405 per week

₽12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107348
₽75267
₽82851
₽69552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
84 646
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
107 076
Employee
79 651
79 651
211 666
-
health
12 226
10 399
11 502
-
pensions
14 337
10 928
10 928
-
income

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

13 038
13 038
42 815
-
total
39 601
34 365
65 245
-
Employer
79 651
79 651
211 666
-
unemployment
2 867
2 867
3 563
-
health
5 537
5 537
6 880
-
pensions
5 544
5 544
6 891
-
total
13 948
13 948
17 334
-
Corporate
136 378
135 401
-
-
income
27 276
27 080
-
-
total
27 276
27 080
-
-
Dividends
109 102
108 321
-
-
withholding
16 366
16 249
-
-
income
23 184
23 018
-
-
total
39 550
39 267
-
-
Income
229 000
229 000
229 000
229 000
Total tax
120 375
114 660
82 579
107 076
After tax
108 625
114 340
146 421
121 924
Living cost
39 073
39 073
39 073
39 073
Free-cash
69 552
75 267
107 348
82 851

Estimated living cost  is ₽39073 per week

₽27690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75128
₽87350
₽76041
₽86505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
61 153
other
-
-
-
9 597
unemployment
-
-
-
83
national
-
-
-
30 195
pensions
-
-
-
8 928
accident
-
-
-
165
health
-
-
-
5 154
total
-
-
-
115 275
Employee
53 696
-
203 050
-
national
-
-
29 689
-
municipal
16 012
-
60 550
-
total
16 012
-
90 239
-
Employer
53 696
-
203 050
-
unemployment
1 418
-
2 180
-
accident
107
-
165
-
health
3 302
-
5 079
-
pensions
5 804
-
8 928
-
other
6 240
-
9 597
-
total
16 871
-
25 949
-
Corporate
158 432
229 000
-
-
income
34 855
50 380
-
-
total
34 855
50 380
-
-
Dividends
123 577
178 620
-
-
withholding
37 073
53 586
-
-
total
37 073
53 586
-
-
Income
229 000
229 000
229 000
229 000
Total tax
104 811
103 966
116 188
115 275
After tax
124 189
125 034
112 812
113 725
Living cost
37 684
37 684
37 684
37 684
Free-cash
86 505
87 350
75 128
76 041

Estimated living cost  is ₽37684 per week

₽24976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103738
₽77575
₽73201
₽90679
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 287
trade
-
-
-
30 537
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.

-
-
-
77 961
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.

-
-
-
6 372
total
-
-
-
119 157
Employee

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

47 301
-
229 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 372
-
6 372
-
surtax

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

223
-
4 287
-
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.

4 064
-
77 961
-
total
10 659
-
88 620
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 699
229 000
-
-
chamber of commerce
400
467
-
-
trade
29 889
37 670
-
-
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.

1 499
1 889
-
-
income
27 255
34 349
-
-
total
59 043
74 375
-
-
Dividends
122 656
154 625
-
-
withholding
30 310
38 302
-
-
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.

1 667
2 106
-
-
total
31 977
40 408
-
-
Income
229 000
229 000
229 000
229 000
Total tax
101 679
114 783
88 620
119 157
After tax
127 321
114 217
140 380
109 843
Living cost
36 642
36 642
36 642
36 642
Free-cash
90 679
77 575
103 738
73 201

Estimated living cost  is ₽36642 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121189
₽136593
₽123029
₽132728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
social contributions
-
-
-
15 091
income
-
-
-
54 788
health
-
-
-
5 839
total
-
-
-
75 718
Employee
71 723
71 723
216 957
-
health
713
1 220
3 689
-
social contributions
3 485
5 953
8 029
-
income
7 531
6 639
53 797
-
total
11 729
13 812
65 515
-
Employer
71 723
71 723
216 957
-
health
777
1 328
4 014
-
social contributions
3 485
5 953
8 029
-
total
4 262
7 281
12 043
-
Corporate
182 755
149 997
-
-
income
22 844
18 750
-
-
total
22 844
18 750
-
-
Dividends
159 911
131 247
-
-
withholding
27 184
22 311
-
-
total
27 184
22 311
-
-
Income
229 000
229 000
229 000
229 000
Total tax
66 019
62 154
77 558
75 718
After tax
162 981
166 846
151 442
153 282
Living cost
30 253
30 253
30 253
30 253
Free-cash
132 728
136 593
121 189
123 029

Estimated living cost  is ₽30253 per week

₽20681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116051
₽111796
₽141937
₽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
unemployment
-
-
-
3 435
income
-
-
-
27 995
pensions
-
-
-
22 900
health
-
-
-
16 030
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.

24 110
9 596
191 632
-
health
1 688
672
13 414
-
pensions
2 411
960
19 163
-
unemployment
362
144
2 874
-
income
2 948
1 173
23 427
-
total
7 409
2 949
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.

24 110
9 596
191 632
-
pensions
4 702
1 871
37 368
-
total
4 702
1 871
37 368
-
Corporate
200 188
217 533
-
-
income
18 017
19 578
-
-
total
18 017
19 578
-
-
Dividends
182 171
197 955
-
-
withholding
34 613
37 611
-
-
social contributions
35 414
38 492
-
-
total
70 027
76 103
-
-
Income
229 000
229 000
229 000
229 000
Total tax
100 155
100 501
96 246
70 360
After tax
128 845
128 499
132 754
158 640
Living cost
16 703
16 703
16 703
16 703
Free-cash
112 142
111 796
116 051
141 937

Estimated living cost  is ₽16703 per week

₽11398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109463
₽160671
₽100216
₽154878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 685
pensions
-
-
-
45 800
health
-
-
-
29 770
total
-
-
-
106 255
Employee
26 460
-
171 150
-
unemployment
423
-
2 738
-
pensions
529
-
3 423
-
income
2 979
-
32 997
-
total
3 931
-
39 158
-
Employer
26 460
-
171 150
-
unemployment
212
-
1 370
-
health
3 439
-
22 249
-
pensions
5 292
-
34 231
-
total
8 943
-
57 850
-
Corporate
193 596
229 000
-
-
income
38 719
45 800
-
-
total
38 719
45 800
-
-
Dividends
154 876
183 200
-
-
total
-
-
-
-
Income
229 000
229 000
229 000
229 000
Total tax
51 593
45 800
97 008
106 255
After tax
177 407
183 200
131 992
122 745
Living cost
22 529
22 529
22 529
22 529
Free-cash
154 878
160 671
109 463
100 216

Estimated living cost  is ₽22529 per week

₽15452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105746
-₽2280
₽135492
₽15355
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
66 085
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
72 679
Employee
32 765
-
209 921
-
health
3 752
-
24 036
-
pensions
3 689
-
7 223
-
income
4 495
-
52 087
-
total
11 936
-
83 346
-
Employer
32 765
-
209 921
-
unemployment
803
-
5 143
-
accident
547
-
3 505
-
pensions
5 328
-
10 431
-
total
6 678
-
19 079
-
Corporate
189 557
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.

170 601
206 100
-
-
total
170 601
206 100
-
-
Dividends
18 956
22 900
-
-
withholding
3 601
4 351
-
-
total
3 601
4 351
-
-
Income
229 000
229 000
229 000
229 000
Total tax
192 816
210 451
102 425
72 679
After tax
36 184
18 549
126 575
156 321
Living cost
20 829
20 829
20 829
20 829
Free-cash
15 355
-2 280
105 746
135 492

Estimated living cost  is ₽20829 per week

₽15266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175646
₽209996
₽219156
₽208580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 443
-
229 000
-
income
1 888
-
45 800
-
total
1 888
-
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%.

219 557
229 000
-
-
total
-
-
-
-
Dividends
219 557
229 000
-
-
withholding
10 978
11 450
-
-
total
10 978
11 450
-
-
Income
229 000
229 000
229 000
229 000
Total tax
12 866
11 450
45 800
2 290
After tax
216 134
217 550
183 200
226 710
Living cost
7 554
7 554
7 554
7 554
Free-cash
208 580
209 996
175 646
219 156

Estimated living cost  is ₽7554 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113732
₽143394
₽115580
₽137096
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 737
income
-
-
-
41 548
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.

-
-
-
34 041
health
-
-
-
6 241
total
-
-
-
88 567
Employee
33 866
-
192 849
-
health
474
-
1 986
-
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.

2 370
-
9 928
-
unemployment
338
-
1 418
-
income
5 830
-
40 932
-
total
9 012
-
54 264
-
Employer
33 866
-
192 849
-
unemployment
338
-
1 418
-
accident
271
-
1 543
-
health
474
-
1 986
-
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.

5 758
-
24 113
-
other
1 694
-
7 091
-
total
8 535
-
36 151
-
Corporate
186 598
229 000
-
-
income
39 185
48 090
-
-
total
39 185
48 090
-
-
Dividends
147 413
180 910
-
-
withholding
10 319
12 663
-
-
total
10 319
12 663
-
-
Income
229 000
229 000
229 000
229 000
Total tax
67 051
60 753
90 415
88 567
After tax
161 949
168 247
138 585
140 433
Living cost
24 853
24 853
24 853
24 853
Free-cash
137 096
143 394
113 732
115 580

Estimated living cost  is ₽24853 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63899
₽80238
₽84273
₽87801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 200
pensions
-
-
-
9 721
total
-
-
-
81 921
Employee
88 860
-
199 456
-
health
1 464
-
2 646
-
pensions
8 573
-
11 491
-
income
16 018
-
58 616
-
total
26 055
-
72 753
-
Employer
88 860
-
199 456
-
health
1 688
-
3 789
-
pensions
10 492
-
25 753
-
total
12 180
-
29 542
-
Corporate
127 960
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.

24 311
43 510
-
-
total
24 311
43 510
-
-
Dividends
103 649
185 490
-
-
withholding
15 847
42 446
-
-
total
15 847
42 446
-
-
Income
229 000
229 000
229 000
229 000
Total tax
78 393
85 956
102 295
81 921
After tax
150 607
143 044
126 705
147 079
Living cost
62 806
62 806
62 806
62 806
Free-cash
87 801
80 238
63 899
84 273

Estimated living cost  is ₽62806 per week

₽47061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽183389
₽183561
₽173714
₽179227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
34 350
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
43 052
Employee
16 200
-
222 605
-
health
745
-
1 499
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 422
-
2 862
-
income
1 620
-
22 261
-
total
3 965
-
26 981
-
Employer
16 200
-
222 605
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
health
1 118
-
2 249
-
pensions

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

1 785
-
3 592
-
total
3 178
-
6 396
-
Corporate
209 621
229 000
-
-
income
20 963
22 900
-
-
total
20 963
22 900
-
-
Dividends
188 659
206 100
-
-
withholding
9 433
10 305
-
-
total
9 433
10 305
-
-
Income
229 000
229 000
229 000
229 000
Total tax
37 539
33 205
33 377
43 052
After tax
191 461
195 795
195 623
185 948
Living cost
12 234
12 234
12 234
12 234
Free-cash
179 227
183 561
183 389
173 714

Estimated living cost  is ₽12234 per week

₽7143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94700
₽62619
₽70203
₽64968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
84 646
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
107 076
Employee
86 476
79 651
211 666
-
health
10 788
10 399
11 502
-
pensions
10 928
10 928
10 928
-
income

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

13 038
13 038
42 815
-
total
34 754
34 365
65 245
-
Employer
86 476
79 651
211 666
-
unemployment
3 113
2 867
3 563
-
health
6 009
5 537
6 880
-
pensions
6 018
5 544
6 891
-
total
15 140
13 948
17 334
-
Corporate
127 383
135 401
-
-
income
25 476
27 080
-
-
total
25 476
27 080
-
-
Dividends
101 907
108 321
-
-
withholding
15 286
16 249
-
-
income
21 655
23 018
-
-
total
36 941
39 267
-
-
Income
229 000
229 000
229 000
229 000
Total tax
112 311
114 660
82 579
107 076
After tax
116 689
114 340
146 421
121 924
Living cost
51 721
51 721
51 721
51 721
Free-cash
64 968
62 619
94 700
70 203

Estimated living cost  is ₽51721 per week

₽38153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103745
₽134876
₽113997
₽126743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
3 708
social contributions
-
-
-
32 796
income
-
-
-
24 793
health
-
-
-
30 915
total
-
-
-
92 212
Employee
33 517
-
184 332
-
health
4 525
-
24 885
-
social contributions
2 179
-
7 300
-
solidarity contribution
-
-
2 788
-
income
4 022
-
22 822
-
total
10 726
-
57 795
-
Employer
33 517
-
184 332
-
health
3 017
-
16 590
-
social contributions
8 379
-
28 079
-
total
11 396
-
44 669
-
Corporate
184 088
229 000
-
-
income
34 977
43 510
-
-
total
34 977
43 510
-
-
Dividends
149 111
185 490
-
-
withholding
22 367
27 823
-
-
total
22 367
27 823
-
-
Income
229 000
229 000
229 000
229 000
Total tax
79 466
71 333
102 464
92 212
After tax
149 534
157 667
126 536
136 788
Living cost
22 791
22 791
22 791
22 791
Free-cash
126 743
134 876
103 745
113 997

Estimated living cost  is ₽22791 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64299
₽82821
₽72206
₽77954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 459
social contributions
-
-
-
46 683
national
-
-
-
66 307
regional
-
-
-
2 987
total
-
-
-
117 436
Employee
82 895
-
229 000
-
social contributions
27 952
-
61 202
-
national
14 364
-
60 064
-
regional
782
-
2 735
-
municipal
439
-
1 342
-
total
43 537
-
125 343
-
Employer
82 895
-
229 000
-
total
-
-
-
-
Corporate
146 105
229 000
-
-
municipal
5 698
8 932
-
-
nationa
35 064
54 960
-
-
total
40 762
63 892
-
-
Dividends
105 343
165 109
-
-
withholding
27 389
42 929
-
-
total
27 389
42 929
-
-
Income
229 000
229 000
229 000
229 000
Total tax
111 688
106 821
125 343
117 436
After tax
117 312
122 179
103 657
111 564
Living cost
39 358
39 358
39 358
39 358
Free-cash
77 954
82 821
64 299
72 206

Estimated living cost  is ₽39358 per week

₽27436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81228
₽123459
₽86929
₽120556
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
12 866
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
74 676
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
121 489
Employee
30 845
-
202 796
-
health
788
-
3 174
-
pensions
2 057
-
8 303
-
unemployment
2 147
-
8 664
-
surtax
101
-
11 749
-
other
-
-
-
-
income
5 170
-
69 097
-
total
10 263
-
100 987
-
Employer
30 845
-
202 796
-
unemployment
977
-
3 945
-
health
1 404
-
5 664
-
pensions
4 112
-
16 594
-
other
-
-
-
-
total
6 493
-
26 203
-
Corporate
191 663
229 000
-
-
income
49 832
59 540
-
-
total
49 832
59 540
-
-
Dividends
141 831
169 460
-
-
withholding
21 274
25 419
-
-
total
21 274
25 419
-
-
Income
229 000
229 000
229 000
229 000
Total tax
87 862
84 959
127 190
121 489
After tax
141 138
144 041
101 810
107 511
Living cost
20 582
20 582
20 582
20 582
Free-cash
120 556
123 459
81 228
86 929

Estimated living cost  is ₽20582 per week

₽12585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83798
₽100137
₽104172
₽106340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 200
pensions
-
-
-
9 721
total
-
-
-
81 921
Employee
59 552
-
199 456
-
health
864
-
2 646
-
pensions
5 055
-
11 491
-
income
10 726
-
58 616
-
total
16 645
-
72 753
-
Employer
59 552
-
199 456
-
health
1 131
-
3 789
-
pensions
6 447
-
25 753
-
total
7 578
-
29 542
-
Corporate
161 870
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.

30 756
43 510
-
-
total
30 756
43 510
-
-
Dividends
131 114
185 490
-
-
withholding
24 774
42 446
-
-
total
24 774
42 446
-
-
Income
229 000
229 000
229 000
229 000
Total tax
79 753
85 956
102 295
81 921
After tax
149 247
143 044
126 705
147 079
Living cost
42 907
42 907
42 907
42 907
Free-cash
106 340
100 137
83 798
104 172

Estimated living cost  is ₽42907 per week

₽32146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽99347
₽30945
₽107020
₽62508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 414
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.

-
-
-
4 579
national
-
-
-
6 472
pensions
-
-
-
21 067
regional
-
-
-
13 162
health
-
-
-
515
total
-
-
-
48 209
Employee
86 331
-
206 411
-
health
195
-
464
-
pensions
7 253
-
15 726
-
unemployment
-
-
-
-
city
927
-
2 236
-
national
409
-
5 344
-
regional
2 827
-
11 793
-
total
11 611
-
35 563
-
Employer
86 331
-
206 411
-
unemployment
-
-
-
-
health
195
-
464
-
pensions
7 253
-
15 726
-
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.

1 726
-
4 129
-
total
9 174
-
20 319
-
Corporate
132 546
229 000
-
-
regional
28 034
48 434
-
-
national
11 266
19 464
-
-
total
39 300
67 898
-
-
Dividends
93 246
161 101
-
-
withholding
32 636
56 386
-
-
total
32 636
56 386
-
-
Income
229 000
229 000
229 000
229 000
Total tax
92 721
124 284
55 882
48 209
After tax
136 279
104 716
173 118
180 791
Living cost
73 771
73 771
73 771
73 771
Free-cash
62 508
30 945
99 347
107 020

Estimated living cost  is ₽73771 per week

₽47972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽97651
₽70309
₽65815
₽85433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 287
trade
-
-
-
31 836
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.

-
-
-
77 961
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.

-
-
-
6 372
total
-
-
-
120 456
Employee

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

56 055
-
229 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 372
-
6 372
-
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.

363
-
4 287
-
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.

6 592
-
77 961
-
total
13 327
-
88 620
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 945
229 000
-
-
chamber of commerce
386
464
-
-
trade
29 660
39 273
-
-
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.

1 427
1 889
-
-
income
25 942
34 349
-
-
total
57 415
75 975
-
-
Dividends
115 530
153 025
-
-
withholding
28 528
37 902
-
-
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.

1 568
2 085
-
-
total
30 096
39 987
-
-
Income
229 000
229 000
229 000
229 000
Total tax
100 838
115 962
88 620
120 456
After tax
128 162
113 038
140 380
108 544
Living cost
42 729
42 729
42 729
42 729
Free-cash
85 433
70 309
97 651
65 815

Estimated living cost  is ₽42729 per week

₽31207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3418
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.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83817
₽83506
₽91737
₽89015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
7 100
social contributions
-
-
-
6 526
income
-
-
-
45 356
pensions
-
-
-
34 666
health
-
-
-
11 703
total
-
-
-
105 351
Employee
39 919
-
173 832
-
social contributions
1 138
-
4 953
-
pensions
4 514
-
13 497
-
surtax
-
-
-
-
income
2 356
-
39 659
-
total
8 008
-
58 109
-
Employer
39 919
-
173 832
-
unemployment
1 616
-
7 039
-
health
2 795
-
17 751
-
pensions
6 558
-
22 468
-
other
1 377
-
7 382
-
social contributions
120
-
522
-
total
12 466
-
55 162
-
Corporate
176 614
229 000
-
-
surtax
-
-
-
-
income
49 451
64 119
-
-
total
49 451
64 119
-
-
Dividends
127 163
164 881
-
-
withholding
16 277
21 104
-
-
surtax
-
-
-
-
social contributions
21 871
28 359
-
-
total
38 148
49 463
-
-
Income
229 000
229 000
229 000
229 000
Total tax
108 073
113 582
113 271
105 351
After tax
120 927
115 418
115 729
123 649
Living cost
31 912
31 912
31 912
31 912
Free-cash
89 015
83 506
83 817
91 737

Estimated living cost  is ₽31912 per week

₽20122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
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.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86979
₽86668
₽94899
₽91846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
7 100
social contributions
-
-
-
6 526
income
-
-
-
45 356
pensions
-
-
-
34 666
health
-
-
-
11 703
total
-
-
-
105 351
Employee
35 634
-
173 832
-
social contributions
1 016
-
4 953
-
pensions
4 030
-
13 497
-
surtax
-
-
-
-
income
1 837
-
39 659
-
total
6 883
-
58 109
-
Employer
35 634
-
173 832
-
unemployment
1 443
-
7 039
-
health
2 494
-
17 751
-
pensions
5 855
-
22 468
-
other
1 230
-
7 382
-
social contributions
106
-
522
-
total
11 128
-
55 162
-
Corporate
182 238
229 000
-
-
surtax
-
-
-
-
income
51 027
64 119
-
-
total
51 027
64 119
-
-
Dividends
131 212
164 881
-
-
withholding
16 796
21 104
-
-
surtax
-
-
-
-
social contributions
22 570
28 359
-
-
total
39 366
49 463
-
-
Income
229 000
229 000
229 000
229 000
Total tax
108 404
113 582
113 271
105 351
After tax
120 596
115 418
115 729
123 649
Living cost
28 750
28 750
28 750
28 750
Free-cash
91 846
86 668
86 979
94 899

Estimated living cost  is ₽28750 per week

₽16674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
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.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120664
₽119933
₽127288
₽120417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
social contributions
-
-
-
31 602
income
-
-
-
34 349
health
-
-
-
15 983
total
-
-
-
81 934
Employee
31 625
-
229 000
-
health
2 207
-
15 983
-
social contributions
4 365
-
31 602
-
income
5 275
-
40 973
-
total
11 847
-
88 558
-
Employer
31 625
-
229 000
-
total
-
-
-
-
Corporate
197 375
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%.

9 868
11 450
-
-
total
9 868
11 450
-
-
Dividends
187 507
217 550
-
-
withholding
28 126
32 632
-
-
health
13 088
15 185
-
-
social contributions
25 876
30 022
-
-
total
67 090
77 839
-
-
Income
229 000
229 000
229 000
229 000
Total tax
88 805
89 289
88 558
81 934
After tax
140 195
139 711
140 442
147 066
Living cost
19 778
19 778
19 778
19 778
Free-cash
120 417
119 933
120 664
127 288

Estimated living cost  is ₽19778 per week

₽13236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26722
₽93220
₽84135
₽91778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
184
chamber of commerce
-
-
-
917
unemployment
-
-
-
5 721
income
-
-
-
76 683
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
111 999
Employee
46 614
37 171
191 435
-
health
1 804
1 439
4 216
-
pensions
4 774
3 806
11 158
-
unemployment
1 398
1 115
3 269
-
other
466
372
1 090
-
income
5 307
2 742
65 141
-
total
13 749
9 474
84 874
-
Employer
46 614
37 171
191 435
-
unemployment
1 398
1 115
3 269
-
payroll
1 398
1 115
5 744
-
accident
605
483
1 416
-
health
1 761
1 405
4 119
-
pensions
5 850
4 666
13 675
-
other
2 214
1 765
8 392
-
surtax
184
184
184
-
chamber of commerce
186
149
766
-
total
13 596
10 882
37 565
-
Corporate
168 789
180 947
187 895
-
income

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

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

42 198
45 237
46 973
-
total
42 198
45 237
46 973
-
Dividends
126 591
135 710
-
-
withholding
34 813
37 321
-
-
total
34 813
37 321
-
-
Income
229 000
229 000
229 000
229 000
Total tax
104 356
102 914
169 412
111 999
After tax
124 644
126 086
59 588
117 001
Living cost
32 866
32 866
32 866
32 866
Free-cash
91 778
93 220
26 722
84 135

Estimated living cost  is ₽32866 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43002
₽90589
₽65691
₽79938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 254
communal

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

-
-
-
12 344
national
-
-
-
93 702
total
-
-
-
129 300
Employee

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

66 719
-
177 366
-
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.

3 135
-
8 335
-
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.

5 004
-
13 302
-
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.

581
-
1 543
-
national
20 512
-
67 923
-
communal

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

3 480
-
9 252
-
total
32 712
-
100 355
-
Employer

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

66 719
-
177 366
-
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.

974
-
2 590
-
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.

867
-
2 306
-
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.

4 103
-
10 909
-
pensions

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

5 912
-
15 714
-
surtax
7 565
-
20 115
-
total
19 421
-
51 634
-
Corporate
142 860
229 000
-
-
surtax
572
1 009
-
-
income
28 572
50 480
-
-
total
29 144
51 489
-
-
Dividends
113 717
177 512
-
-
withholding

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

33 776
52 913
-
-
total
33 776
52 913
-
-
Income
229 000
229 000
229 000
229 000
Total tax
115 053
104 402
151 989
129 300
After tax
113 947
124 598
77 011
99 700
Living cost
34 009
34 009
34 009
34 009
Free-cash
79 938
90 589
43 002
65 691

Estimated living cost  is ₽34009 per week

₽21906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Brussels model

Close
Barcelona , Spain
₽90192
₽118179
₽94106
₽111789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
75 273
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
101 209
Employee
46 429
-
201 439
-
pensions
2 182
-
4 064
-
unemployment
720
-
1 340
-
other
46
-
87
-
income
9 796
-
72 071
-
total
12 744
-
77 562
-
Employer
46 429
-
201 439
-
unemployment
2 554
-
4 754
-
accident
919
-
1 712
-
pensions
10 957
-
20 403
-
other
370
-
692
-
total
14 800
-
27 561
-
Corporate
167 772
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.

25 166
34 349
-
-
total
25 166
34 349
-
-
Dividends
142 605
194 651
-
-
withholding
30 816
42 787
-
-
total
30 816
42 787
-
-
Income
229 000
229 000
229 000
229 000
Total tax
83 526
77 136
105 123
101 209
After tax
145 474
151 864
123 877
127 791
Living cost
33 685
33 685
33 685
33 685
Free-cash
111 789
118 179
90 192
94 106

Estimated living cost  is ₽33685 per week

₽24805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
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.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64398
₽77316
₽56219
₽64489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
11 473
income
-
-
-
45 526
communal
-
-
-
14 474
pensions
-
-
-
33 193
accident
-
-
-
1 867
health
-
-
-
15 560
total
-
-
-
122 093
Employee
70 635
-
204 556
-
health
3 144
-
9 103
-
pensions
5 650
-
16 364
-
surtax
4 329
-
12 535
-
income
6 823
-
51 468
-
total
19 946
-
89 470
-
Employer
70 635
-
204 556
-
accident
635
-
1 841
-
health
2 154
-
6 239
-
pensions
5 650
-
16 364
-
total
8 439
-
24 444
-
Corporate
149 926
229 000
-
-
communal
10 119
15 458
-
-
surtax
1 574
2 404
-
-
income
22 488
34 349
-
-
total
34 181
52 211
-
-
Dividends
115 744
176 789
-
-
withholding
17 362
26 519
-
-
income
33 895
22 266
-
-
total
51 257
48 785
-
-
Income
229 000
229 000
229 000
229 000
Total tax
113 823
100 996
113 914
122 093
After tax
115 177
128 004
115 086
106 907
Living cost
50 688
50 688
50 688
50 688
Free-cash
64 489
77 316
64 398
56 219

Estimated living cost  is ₽50688 per week

₽38024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80860
₽123091
₽86561
₽120124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
12 866
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
74 676
pensions
-
-
-
24 897
health
-
-
-
8 838
total
-
-
-
121 489
Employee
31 411
-
202 796
-
health
802
-
3 174
-
pensions
2 096
-
8 303
-
unemployment
2 186
-
8 664
-
surtax
112
-
11 749
-
other
-
-
-
-
income
5 266
-
69 097
-
total
10 462
-
100 987
-
Employer
31 411
-
202 796
-
unemployment
997
-
3 945
-
health
1 428
-
5 664
-
pensions
4 188
-
16 594
-
other
-
-
-
-
total
6 613
-
26 203
-
Corporate
190 976
229 000
-
-
income
49 653
59 540
-
-
total
49 653
59 540
-
-
Dividends
141 323
169 460
-
-
withholding
21 198
25 419
-
-
total
21 198
25 419
-
-
Income
229 000
229 000
229 000
229 000
Total tax
87 926
84 959
127 190
121 489
After tax
141 074
144 041
101 810
107 511
Living cost
20 950
20 950
20 950
20 950
Free-cash
120 124
123 091
80 860
86 561

Estimated living cost  is ₽20950 per week

₽12649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77860
₽95242
₽85725
₽93170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 459
social contributions
-
-
-
46 683
national
-
-
-
66 307
regional
-
-
-
3 700
total
-
-
-
118 149
Employee
51 740
-
229 000
-
social contributions
17 447
-
61 202
-
national
8 197
-
60 064
-
regional
697
-
3 406
-
municipal
274
-
1 342
-
total
26 615
-
126 014
-
Employer
51 740
-
229 000
-
total
-
-
-
-
Corporate
177 260
229 000
-
-
municipal
8 809
11 381
-
-
nationa
42 543
54 960
-
-
total
51 352
66 341
-
-
Dividends
125 908
162 659
-
-
withholding
32 737
42 291
-
-
total
32 737
42 291
-
-
Income
229 000
229 000
229 000
229 000
Total tax
110 704
108 632
126 014
118 149
After tax
118 296
120 368
102 986
110 851
Living cost
25 126
25 126
25 126
25 126
Free-cash
93 170
95 242
77 860
85 725

Estimated living cost  is ₽25126 per week

₽15626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98451
₽129582
₽108703
₽119562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
3 708
social contributions
-
-
-
32 796
income
-
-
-
24 793
health
-
-
-
30 915
total
-
-
-
92 212
Employee
41 301
-
184 332
-
health
5 576
-
24 885
-
social contributions
2 685
-
7 300
-
solidarity contribution
-
-
2 788
-
income
4 956
-
22 822
-
total
13 217
-
57 795
-
Employer
41 301
-
184 332
-
health
3 717
-
16 590
-
social contributions
10 325
-
28 079
-
total
14 042
-
44 669
-
Corporate
173 656
229 000
-
-
income
32 995
43 510
-
-
total
32 995
43 510
-
-
Dividends
140 662
185 490
-
-
withholding
21 099
27 823
-
-
total
21 099
27 823
-
-
Income
229 000
229 000
229 000
229 000
Total tax
81 353
71 333
102 464
92 212
After tax
147 647
157 667
126 536
136 788
Living cost
28 085
28 085
28 085
28 085
Free-cash
119 562
129 582
98 451
108 703

Estimated living cost  is ₽28085 per week

₽20886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29873
₽96430
₽87428
₽95970
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
chamber of commerce
-
-
-
917
unemployment
-
-
-
5 721
income
-
-
-
76 683
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
111 815
Employee
40 772
37 171
191 606
-
health
1 577
1 439
4 216
-
pensions
4 176
3 806
11 158
-
unemployment
1 223
1 115
3 269
-
other
407
372
1 090
-
income
3 632
2 742
65 227
-
total
11 015
9 474
84 960
-
Employer
40 772
37 171
191 606
-
unemployment
1 223
1 115
3 269
-
payroll
1 223
1 115
5 749
-
accident
529
483
1 416
-
health
1 542
1 405
4 119
-
pensions
5 117
4 666
13 675
-
other
1 936
1 765
8 399
-
surtax
-
-
-
-
chamber of commerce
163
149
766
-
total
11 733
10 698
37 393
-
Corporate
176 494
181 131
188 066
-
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.

44 123
45 283
47 017
-
total
44 123
45 283
47 017
-
Dividends
132 371
135 848
-
-
withholding
36 402
37 358
-
-
total
36 402
37 358
-
-
Income
229 000
229 000
229 000
229 000
Total tax
103 273
102 813
169 370
111 815
After tax
125 727
126 187
59 630
117 185
Living cost
29 757
29 757
29 757
29 757
Free-cash
95 970
96 430
29 873
87 428

Estimated living cost  is ₽29757 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171428
₽205778
₽214938
₽203571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 715
-
229 000
-
income
2 943
-
45 800
-
total
2 943
-
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%.

214 285
229 000
-
-
total
-
-
-
-
Dividends
214 285
229 000
-
-
withholding
10 714
11 450
-
-
total
10 714
11 450
-
-
Income
229 000
229 000
229 000
229 000
Total tax
13 657
11 450
45 800
2 290
After tax
215 343
217 550
183 200
226 710
Living cost
11 772
11 772
11 772
11 772
Free-cash
203 571
205 778
171 428
214 938

Estimated living cost  is ₽11772 per week

₽7966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74302
₽132650
₽79277
₽124846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
343
income
-
-
-
60 007
pensions
-
-
-
41 821
health
-
-
-
22 534
total
-
-
-
124 705
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.

41 246
-
198 148
-
health
2 664
-
12 801
-
pensions
6 393
-
30 714
-
unemployment
58
-
278
-
income
7 113
-
55 035
-
total
16 228
-
98 828
-
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.

41 246
-
198 148
-
unemployment
25
-
119
-
health
2 747
-
13 197
-
pensions
3 650
-
17 536
-
total
6 422
-
30 852
-
Corporate
181 333
229 000
-
-
income
34 454
43 509
-
-
total
34 454
43 509
-
-
Dividends
146 879
185 491
-
-
withholding
22 032
27 823
-
-
total
22 032
27 823
-
-
Income
229 000
229 000
229 000
229 000
Total tax
79 136
71 332
129 680
124 705
After tax
149 864
157 668
99 320
104 295
Living cost
25 018
25 018
25 018
25 018
Free-cash
124 846
132 650
74 302
79 277

Estimated living cost  is ₽25018 per week

₽17169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
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.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176793
₽99315
₽118248
₽55209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
social contributions
-
-
-
26 106
income
-
-
-
44 637
total
-
-
-
70 743
Employee
57 367
-
-
-
social contributions
4 704
-
670
-
income
12 654
-
-
-
total
17 358
-
670
-
Employer
57 367
-
-
-
social contributions
80 888
-
11 528
-
total
80 888
-
11 528
-
Corporate
90 745
229 000
-
-
income
19 964
50 380
-
-
total
19 964
50 380
-
-
Dividends
70 781
178 620
-
-
income
15 572
39 296
-
-
total
15 572
39 296
-
-
Income
229 000
229 000
229 000
229 000
Total tax
133 782
89 676
12 198
70 743
After tax
95 218
139 324
216 802
158 257
Living cost
40 009
40 009
40 009
40 009
Free-cash
55 209
99 315
176 793
118 248

Estimated living cost  is ₽40009 per week

₽25959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70633
₽100998
₽89232
₽100059
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
79 577
income
-
-
-
30 934
total
-
-
-
110 511
Employee
42 898
-
185 050
-
social contributions
4 719
-
20 355
-
surtax
-
-
577
-
income
8 923
-
64 228
-
total
13 642
-
85 160
-
Employer
42 898
-
185 050
-
social contributions
10 188
-
43 950
-
total
10 188
-
43 950
-
Corporate
175 913
229 000
-
-
surtax
-
-
-
-
income
36 942
48 090
-
-
total
36 942
48 090
-
-
Dividends
138 971
180 910
-
-
withholding
38 912
50 655
-
-
total
38 912
50 655
-
-
Income
229 000
229 000
229 000
229 000
Total tax
99 684
98 745
129 110
110 511
After tax
129 316
130 255
99 890
118 489
Living cost
29 257
29 257
29 257
29 257
Free-cash
100 059
100 998
70 633
89 232

Estimated living cost  is ₽29257 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
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.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70679
₽70368
₽78599
₽76776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
7 100
social contributions
-
-
-
6 526
income
-
-
-
45 356
pensions
-
-
-
34 666
health
-
-
-
11 703
total
-
-
-
105 351
Employee
58 419
-
173 832
-
social contributions
1 664
-
4 953
-
pensions
6 608
-
13 497
-
surtax
-
-
-
-
income
5 097
-
39 659
-
total
13 369
-
58 109
-
Employer
58 419
-
173 832
-
unemployment
2 367
-
7 039
-
health
4 089
-
17 751
-
pensions
9 599
-
22 468
-
other
2 016
-
7 382
-
social contributions
175
-
522
-
total
18 246
-
55 162
-
Corporate
152 336
229 000
-
-
surtax
-
-
-
-
income
42 654
64 119
-
-
total
42 654
64 119
-
-
Dividends
109 682
164 881
-
-
withholding
14 040
21 104
-
-
surtax
-
-
-
-
social contributions
18 865
28 359
-
-
total
32 905
49 463
-
-
Income
229 000
229 000
229 000
229 000
Total tax
107 174
113 582
113 271
105 351
After tax
121 826
115 418
115 729
123 649
Living cost
45 050
45 050
45 050
45 050
Free-cash
76 776
70 368
70 679
78 599

Estimated living cost  is ₽45050 per week

₽30489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144472
₽178061
₽138385
₽174928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 197
social contributions
-
-
-
50 380
total
-
-
-
62 577
Employee
29 986
-
198 269
-
social contributions
1 949
-
12 886
-
income
-
-
12 873
-
total
1 949
-
25 759
-
Employer
29 986
-
198 269
-
social contributions
4 648
-
30 731
-
total
4 648
-
30 731
-
Corporate
194 366
229 000
-
-
income
19 437
22 901
-
-
total
19 437
22 901
-
-
Dividends
174 929
206 099
-
-
total
-
-
-
-
Income
229 000
229 000
229 000
229 000
Total tax
26 034
22 901
56 490
62 577
After tax
202 966
206 099
172 510
166 423
Living cost
28 038
28 038
28 038
28 038
Free-cash
174 928
178 061
144 472
138 385

Estimated living cost  is ₽28038 per week

₽18129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2113
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.
₽7268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25774
₽25774
₽86400
₽13581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
49 623
labour market
-
-
-
18 255
national
-
-
-
28 992
pensions
-
-
-
809
total
-
-
-
97 679
Employee
189 602
189 602
189 602
-
pensions
270
270
270
-
national
23 163
23 163
23 163
-
labour market
15 147
15 147
15 147
-
municipal
40 375
40 375
40 375
-
total
78 955
78 955
78 955
-
Employer
189 602
189 602
189 602
-
pensions
539
539
539
-
national
23 204
23 204
23 204
-
labour market
15 168
15 168
15 168
-
municipal
40 439
40 439
40 439
-
total
79 350
79 350
79 350
-
Corporate
25 775
-
-
-
income
5 671
-
-
-
total
5 671
-
-
-
Dividends
20 104
-
-
-
withholding
6 522
-
-
-
total
6 522
-
-
-
Income
229 000
229 000
229 000
229 000
Total tax
170 498
158 305
158 305
97 679
After tax
58 502
70 695
70 695
131 321
Living cost
44 921
44 921
44 921
44 921
Free-cash
13 581
25 774
25 774
86 400

Estimated living cost  is ₽44921 per week

₽30745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽691
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106053
-₽1973
₽135799
₽15401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
66 085
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
72 679
Employee
32 282
-
209 921
-
health
3 697
-
24 036
-
pensions
3 635
-
7 223
-
income
4 429
-
52 087
-
total
11 761
-
83 346
-
Employer
32 282
-
209 921
-
unemployment
791
-
5 143
-
accident
539
-
3 505
-
pensions
5 249
-
10 431
-
total
6 579
-
19 079
-
Corporate
190 138
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.

171 124
206 100
-
-
total
171 124
206 100
-
-
Dividends
19 014
22 900
-
-
withholding
3 613
4 351
-
-
total
3 613
4 351
-
-
Income
229 000
229 000
229 000
229 000
Total tax
193 077
210 451
102 425
72 679
After tax
35 923
18 549
126 575
156 321
Living cost
20 522
20 522
20 522
20 522
Free-cash
15 401
-1 973
106 053
135 799

Estimated living cost  is ₽20522 per week

₽14938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76264
₽103395
₽102492
₽106549
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
40 656
national
-
-
-
46 906
health
-
-
-
3 136
total
-
-
-
90 698
Employee
49 073
-
192 647
-
health
366
-
2 577
-
pensions
3 312
-
13 004
-
unemployment
736
-
2 890
-
national
811
-
30 753
-
municipal
8 038
-
31 351
-
total
13 263
-
80 575
-
Employer
49 073
-
192 647
-
unemployment
319
-
1 251
-
accident
50
-
193
-
health
377
-
1 483
-
pensions
8 514
-
33 424
-
total
9 260
-
36 351
-
Corporate
170 668
229 000
-
-
income
34 133
45 800
-
-
total
34 133
45 800
-
-
Dividends

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

102 401
137 400
-
-
national
11 554
19 262
-
-
municipal
18 431
24 733
-
-
total
29 985
43 995
-
-
Income
229 000
229 000
229 000
229 000
Total tax
86 641
89 795
116 926
90 698
After tax
142 359
139 205
112 074
138 302
Living cost
35 810
35 810
35 810
35 810
Free-cash
106 549
103 395
76 264
102 492

Estimated living cost  is ₽35810 per week

₽23391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129847
₽145251
₽131687
₽140175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
229 000
social contributions
-
-
-
15 091
income
-
-
-
54 788
health
-
-
-
5 839
total
-
-
-
75 718
Employee
71 723
71 723
216 957
-
health
556
1 220
3 689
-
social contributions
2 712
5 953
8 029
-
income
7 809
6 639
53 797
-
total
11 077
13 812
65 515
-
Employer
71 723
71 723
216 957
-
health
604
1 328
4 014
-
social contributions
2 712
5 953
8 029
-
total
3 316
7 281
12 043
-
Corporate
193 013
149 997
-
-
income
24 127
18 750
-
-
total
24 127
18 750
-
-
Dividends
168 885
131 247
-
-
withholding
28 710
22 311
-
-
total
28 710
22 311
-
-
Income
229 000
229 000
229 000
229 000
Total tax
67 230
62 154
77 558
75 718
After tax
161 770
166 846
151 442
153 282
Living cost
21 595
21 595
21 595
21 595
Free-cash
140 175
145 251
129 847
131 687

Estimated living cost  is ₽21595 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162311
₽174826
₽181022
₽170082
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
23 834
pensions
-
-
-
5 933
health
-
-
-
3 375
total
-
-
-
33 169
Employee

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

21 409
-
219 884
-
health
1 820
-
7 523
-
pensions
3 211
-
13 275
-
unemployment
106
-
443
-
income
1 464
-
21 522
-
total
6 601
-
42 763
-
Employer

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

21 409
-
219 884
-
unemployment
106
-
443
-
health
920
-
3 806
-
pensions
1 177
-
4 868
-
total
2 203
-
9 117
-
Corporate
205 387
229 000
-
-
income
18 484
20 610
-
-
total
18 484
20 610
-
-
Dividends
186 902
208 390
-
-
withholding
16 821
18 755
-
-
total
16 821
18 755
-
-
Income
229 000
229 000
229 000
229 000
Total tax
44 109
39 365
51 880
33 169
After tax
184 891
189 635
177 120
195 831
Living cost
14 809
14 809
14 809
14 809
Free-cash
170 082
174 826
162 311
181 022

Estimated living cost  is ₽14809 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98228
₽126215
₽102142
₽122095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
75 273
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
101 209
Employee
34 489
-
201 439
-
pensions
1 621
-
4 064
-
unemployment
535
-
1 340
-
other
34
-
87
-
income
6 649
-
72 071
-
total
8 839
-
77 562
-
Employer
34 489
-
201 439
-
unemployment
1 897
-
4 754
-
accident
683
-
1 712
-
pensions
8 139
-
20 403
-
other
276
-
692
-
total
10 995
-
27 561
-
Corporate
183 516
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.

27 528
34 349
-
-
total
27 528
34 349
-
-
Dividends
155 988
194 651
-
-
withholding
33 894
42 787
-
-
total
33 894
42 787
-
-
Income
229 000
229 000
229 000
229 000
Total tax
81 256
77 136
105 123
101 209
After tax
147 744
151 864
123 877
127 791
Living cost
25 649
25 649
25 649
25 649
Free-cash
122 095
126 215
98 228
102 142

Estimated living cost  is ₽25649 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145701
₽140997
₽145836
₽140685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
78 876
pensions
-
-
-
1 385
health
-
-
-
1 004
total
-
-
-
81 265
Employee
2 893
-
227 441
-
health
145
-
346
-
pensions
260
-
623
-
unemployment
29
-
69
-
income
560
-
78 803
-
total
994
-
79 841
-
Employer
2 893
-
227 441
-
unemployment
58
-
139
-
health
275
-
658
-
pensions
318
-
762
-
total
651
-
1 559
-
Corporate
225 456
229 000
-
-
income
49 600
50 380
-
-
total
49 600
50 380
-
-
Dividends
175 856
178 620
-
-
withholding
35 171
35 724
-
-
total
35 171
35 724
-
-
Income
229 000
229 000
229 000
229 000
Total tax
86 416
86 104
81 400
81 265
After tax
142 584
142 896
147 600
147 735
Living cost
1 899
1 899
1 899
1 899
Free-cash
140 685
140 997
145 701
145 836

Estimated living cost  is ₽1899 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
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.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133453
₽149319
₽133454
₽144731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 034
income
-
-
-
53 353
pensions
-
-
-
17 925
health
-
-
-
7 101
total
-
-
-
79 413
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.

24 328
-
216 659
-
health
1 253
-
3 551
-
pensions
3 406
-
9 652
-
unemployment
182
-
517
-
income
3 353
-
53 353
-
total
8 194
-
67 073
-
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.

24 328
-
216 659
-
unemployment
182
-
517
-
health
1 253
-
3 551
-
pensions
2 919
-
8 273
-
total
4 354
-
12 341
-
Corporate
200 317
229 000
-
-
income
30 048
34 350
-
-
total
30 048
34 350
-
-
Dividends
170 270
194 650
-
-
withholding
25 540
29 198
-
-
total
25 540
29 198
-
-
Income
229 000
229 000
229 000
229 000
Total tax
68 136
63 548
79 414
79 413
After tax
160 864
165 452
149 586
149 587
Living cost
16 133
16 133
16 133
16 133
Free-cash
144 731
149 319
133 453
133 454

Estimated living cost  is ₽16133 per week

₽10863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
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.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74744
₽105109
₽93343
₽104772
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
79 577
income
-
-
-
30 934
total
-
-
-
110 511
Employee
36 201
-
185 050
-
social contributions
3 983
-
20 355
-
surtax
-
-
577
-
income
7 074
-
64 228
-
total
11 057
-
85 160
-
Employer
36 201
-
185 050
-
social contributions
8 597
-
43 950
-
total
8 597
-
43 950
-
Corporate
184 202
229 000
-
-
surtax
-
-
-
-
income
38 682
48 090
-
-
total
38 682
48 090
-
-
Dividends
145 519
180 910
-
-
withholding
40 746
50 655
-
-
total
40 746
50 655
-
-
Income
229 000
229 000
229 000
229 000
Total tax
99 082
98 745
129 110
110 511
After tax
129 918
130 255
99 890
118 489
Living cost
25 146
25 146
25 146
25 146
Free-cash
104 772
105 109
74 744
93 343

Estimated living cost  is ₽25146 per week

₽17810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91097
₽119084
₽95011
₽112980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
75 273
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
101 209
Employee
45 047
-
201 439
-
pensions
2 117
-
4 064
-
unemployment
697
-
1 340
-
other
44
-
87
-
income
9 409
-
72 071
-
total
12 267
-
77 562
-
Employer
45 047
-
201 439
-
unemployment
2 478
-
4 754
-
accident
892
-
1 712
-
pensions
10 631
-
20 403
-
other
361
-
692
-
total
14 362
-
27 561
-
Corporate
169 591
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.

25 439
34 349
-
-
total
25 439
34 349
-
-
Dividends
144 152
194 651
-
-
withholding
31 172
42 787
-
-
total
31 172
42 787
-
-
Income
229 000
229 000
229 000
229 000
Total tax
83 240
77 136
105 123
101 209
After tax
145 760
151 864
123 877
127 791
Living cost
32 780
32 780
32 780
32 780
Free-cash
112 980
119 084
91 097
95 011

Estimated living cost  is ₽32780 per week

₽23541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽179571
₽179743
₽169896
₽174054
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
34 350
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
43 052
Employee
21 255
-
222 605
-
health
978
-
1 499
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
22 261
-
total
5 204
-
26 981
-
Employer
21 255
-
222 605
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 467
-
2 249
-
pensions

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

2 342
-
3 592
-
total
4 171
-
6 396
-
Corporate
203 575
229 000
-
-
income
20 358
22 900
-
-
total
20 358
22 900
-
-
Dividends
183 217
206 100
-
-
withholding
9 161
10 305
-
-
total
9 161
10 305
-
-
Income
229 000
229 000
229 000
229 000
Total tax
38 894
33 205
33 377
43 052
After tax
190 106
195 795
195 623
185 948
Living cost
16 052
16 052
16 052
16 052
Free-cash
174 054
179 743
179 571
169 896

Estimated living cost  is ₽16052 per week

₽10617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104370
₽81739
₽77731
₽93941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
4 287
trade
-
-
-
26 639
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.

-
-
-
77 961
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.

-
-
-
6 372
total
-
-
-
115 259
Employee

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

46 409
-
229 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 372
-
6 372
-
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.

211
-
4 287
-
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.

3 816
-
77 961
-
total
10 399
-
88 620
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 591
229 000
-
-
chamber of commerce
409
478
-
-
trade
26 202
32 861
-
-
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.

1 506
1 889
-
-
income
27 389
34 349
-
-
total
55 506
69 577
-
-
Dividends
127 084
159 424
-
-
withholding
31 416
39 502
-
-
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.

1 728
2 172
-
-
total
33 144
41 674
-
-
Income
229 000
229 000
229 000
229 000
Total tax
99 049
111 251
88 620
115 259
After tax
129 951
117 749
140 380
113 741
Living cost
36 010
36 010
36 010
36 010
Free-cash
93 941
81 739
104 370
77 731

Estimated living cost  is ₽36010 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59982
₽107168
₽59982
₽109228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 182
social contributions
-
-
-
39 704
total
-
-
-
115 886
Employee
72 960
-
229 000
-
social contributions
6 061
-
39 704
-
income
13 767
-
76 182
-
total
19 828
-
115 886
-
Employer
72 960
-
229 000
-
total
-
-
-
-
Corporate
156 040
229 000
-
-
income
19 506
28 625
-
-
total
19 506
28 625
-
-
Dividends
136 534
200 375
-
-
withholding
27 306
40 075
-
-
total
27 306
40 075
-
-
Income
229 000
229 000
229 000
229 000
Total tax
66 640
68 700
115 886
115 886
After tax
162 360
160 300
113 114
113 114
Living cost
53 132
53 132
53 132
53 132
Free-cash
109 228
107 168
59 982
59 982

Estimated living cost  is ₽53132 per week

₽40422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125016
₽110063
₽155111
₽113324
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 349
health

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

-
-
-
5 682
total
-
-
-
40 031
Employee
42 788
-
224 709
-
social contributions
4 287
-
4 291
-
income
4 643
-
61 544
-
total
8 930
-
65 835
-
Employer
42 788
-
224 709
-
social contributions
4 287
-
4 291
-
total
4 287
-
4 291
-
Corporate
181 925
229 000
-
-
income
63 673
80 151
-
-
total
63 673
80 151
-
-
Dividends
118 251
148 849
-
-
social contributions
4 928
4 928
-
-
total
4 928
4 928
-
-
Income
229 000
229 000
229 000
229 000
Total tax
81 818
85 079
70 126
40 031
After tax
147 182
143 921
158 874
188 969
Living cost
33 858
33 858
33 858
33 858
Free-cash
113 324
110 063
125 016
155 111

Estimated living cost  is ₽33858 per week

₽22302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91823
₽108162
₽112197
₽113724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 200
pensions
-
-
-
9 721
total
-
-
-
81 921
Employee
47 881
-
199 456
-
health
625
-
2 646
-
pensions
3 654
-
11 491
-
income
8 719
-
58 616
-
total
12 998
-
72 753
-
Employer
47 881
-
199 456
-
health
910
-
3 789
-
pensions
4 837
-
25 753
-
total
5 747
-
29 542
-
Corporate
175 372
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.

33 320
43 510
-
-
total
33 320
43 510
-
-
Dividends
142 052
185 490
-
-
withholding
28 329
42 446
-
-
total
28 329
42 446
-
-
Income
229 000
229 000
229 000
229 000
Total tax
80 394
85 956
102 295
81 921
After tax
148 606
143 044
126 705
147 079
Living cost
34 882
34 882
34 882
34 882
Free-cash
113 724
108 162
91 823
112 197

Estimated living cost  is ₽34882 per week

₽23929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽104021
-₽4005
₽133767
₽15090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
66 085
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
72 679
Employee
35 478
-
209 921
-
health
4 062
-
24 036
-
pensions
3 995
-
7 223
-
income
4 867
-
52 087
-
total
12 924
-
83 346
-
Employer
35 478
-
209 921
-
unemployment
869
-
5 143
-
accident
592
-
3 505
-
pensions
5 768
-
10 431
-
total
7 229
-
19 079
-
Corporate
186 292
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.

167 663
206 100
-
-
total
167 663
206 100
-
-
Dividends
18 629
22 900
-
-
withholding
3 540
4 351
-
-
total
3 540
4 351
-
-
Income
229 000
229 000
229 000
229 000
Total tax
191 356
210 451
102 425
72 679
After tax
37 644
18 549
126 575
156 321
Living cost
22 554
22 554
22 554
22 554
Free-cash
15 090
-4 005
104 021
133 767

Estimated living cost  is ₽22554 per week

₽16552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157136
₽162578
₽136612
₽159753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 791
health insurance
-
-
-
11 046
income
-
-
-
38 733
pensions
-
-
-
27 465
work injury
-
-
-
746
total
-
-
-
79 781
Employee

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

20 172
-
229 000
-
pensions
3 712
-
13 732
-
unemployment
242
-
896
-
work injury
101
-
373
-
health insurance
1 493
-
5 523
-
income
2 017
-
38 733
-
total
7 565
-
59 257
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
208 828
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%.

20 883
22 900
-
-
total
20 883
22 900
-
-
Dividends
187 946
206 100
-
-
withholding
28 192
30 915
-
-
total
28 192
30 915
-
-
Income
229 000
229 000
229 000
229 000
Total tax
56 640
53 815
59 257
79 781
After tax
172 360
175 185
169 743
149 219
Living cost
12 607
12 607
12 607
12 607
Free-cash
159 753
162 578
157 136
136 612

Estimated living cost  is ₽12607 per week

₽7810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63790
₽83464
₽71452
₽79221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 641
social contributions
-
-
-
46 683
national
-
-
-
66 307
regional
-
-
-
5 759
total
-
-
-
120 390
Employee
78 598
-
229 000
-
social contributions
26 503
-
61 202
-
national
13 282
-
60 064
-
regional
1 187
-
5 276
-
municipal
469
-
1 510
-
total
41 441
-
128 052
-
Employer
78 598
-
229 000
-
total
-
-
-
-
Corporate
150 402
229 000
-
-
municipal
7 250
11 038
-
-
nationa
36 096
54 960
-
-
total
43 346
65 998
-
-
Dividends
107 056
163 003
-
-
withholding
27 834
42 380
-
-
total
27 834
42 380
-
-
Income
229 000
229 000
229 000
229 000
Total tax
112 621
108 378
128 052
120 390
After tax
116 379
120 622
100 948
108 610
Living cost
37 158
37 158
37 158
37 158
Free-cash
79 221
83 464
63 790
71 452

Estimated living cost  is ₽37158 per week

₽26101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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