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
₽ 230000
per

Your estimated
City
free-cash

Dresden , Germany
₽85609
₽111563
₽82665
₽96678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 000
income

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

-
-
-
77 058
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.

-
-
-
4 238
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.

-
-
-
6 835
trade
-
-
-
28 898
total
-
-
-
117 029
Employee

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

38 269
-
230 000
-
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.

59
-
4 238
-
income

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

1 069
-
77 058
-
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.

6 835
-
6 835
-
total
7 963
-
88 131
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
191 731
230 000
-
-
income
28 760
34 500
-
-
surtax

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

1 582
1 897
-
-
chamber of commerce
427
482
-
-
trade
30 197
36 226
-
-
total
60 966
73 105
-
-
Dividends
130 765
156 896
-
-
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.

1 777
2 136
-
-
withholding
32 310
38 844
-
-
total
34 087
40 980
-
-
Income
230 000
230 000
230 000
230 000
Total tax
103 016
114 085
88 131
117 029
After tax
126 984
115 915
141 869
112 971
Living cost
30 306
30 306
30 306
30 306
Free-cash
96 678
85 609
111 563
82 665

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90469
₽79600
₽78364
₽89587
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
social contributions
-
-
-
2 473
municipal
-
-
-
25 520
national
-
-
-
42 992
pensions
-
-
-
27 600
total
-
-
-
98 585
Employee
82 238
-
198 833
-
municipal
10 158
-
26 410
-
pensions
3 290
-
7 953
-
national
15 740
-
44 942
-
total
29 188
-
79 305
-
Employer
82 238
-
198 833
-
pensions
6 579
-
15 907
-
social contributions
884
-
2 137
-
total
7 463
-
18 044
-
Corporate
134 871
230 000
-
-
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%.

26 974
46 000
-
-
total
26 974
46 000
-
-
Dividends
107 897
184 000
-
-
withholding
23 737
40 480
-
-
total
23 737
40 480
-
-
Income
230 000
230 000
230 000
230 000
Total tax
87 362
86 480
97 349
98 585
After tax
142 638
143 520
132 651
131 415
Living cost
53 051
53 051
53 051
53 051
Free-cash
89 587
90 469
79 600
78 364

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163184
₽79440
₽63172
₽154979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 000
income
-
-
-
49 027
surtax
-
-
-
58 650
social contributions

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

-
-
-
38 335
microenterprise
-
-
-
-
total
-
-
-
146 012
Employee
29 236
-
181 328
-
surtax
-
-
26 293
-
social contributions

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

3 216
-
13 116
-
income
5 204
-
41 663
-
total
8 420
-
81 072
-
Employer
29 236
-
181 328
-
social contributions

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

7 042
-
28 726
-
surtax
-
-
19 946
-
total
7 042
-
48 672
-
Corporate
193 721
230 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

38 743
46 000
-
-
total
38 743
46 000
-
-
Dividends

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

154 978
184 000
-
-
total
-
-
-
-
Income
230 000
230 000
230 000
230 000
Total tax
54 205
46 000
129 744
146 012
After tax
175 795
184 000
100 256
83 988
Living cost
20 816
20 816
20 816
20 816
Free-cash
154 979
163 184
79 440
63 172

Estimated living cost  is ₽20816 per week

₽13280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72758
₽105173
₽81323
₽66629
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
82 702
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
106 763
Employee
85 442
85 442
211 406
-
pensions
15 380
11 723
11 723
-
income

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

13 986
13 986
40 258
-
health
13 114
11 155
12 338
-
total
42 480
36 864
64 319
-
Employer
85 442
85 442
211 406
-
health
5 939
5 939
7 380
-
pensions
5 947
5 947
7 392
-
unemployment
3 076
3 076
3 822
-
total
14 962
14 962
18 594
-
Corporate
130 644
129 596
-
-
income
26 128
25 919
-
-
total
26 128
25 919
-
-
Dividends
104 516
103 676
-
-
income
22 209
22 031
-
-
withholding
15 678
15 552
-
-
total
37 887
37 583
-
-
Income
230 000
230 000
230 000
230 000
Total tax
121 457
115 328
82 913
106 763
After tax
108 543
114 672
147 087
123 237
Living cost
41 914
41 914
41 914
41 914
Free-cash
66 629
72 758
105 173
81 323

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84479
₽73010
₽74007
₽83557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
accident
-
-
-
180
other
-
-
-
10 467
unemployment
-
-
-
90
health
-
-
-
5 621
municipal
-
-
-
60 804
national
-
-
-
27 992
pensions
-
-
-
9 738
total
-
-
-
114 892
Employee
58 565
-
201 697
-
municipal
17 464
-
60 146
-
national
-
-
27 440
-
total
17 464
-
87 586
-
Employer
58 565
-
201 697
-
health
3 602
-
5 540
-
pensions
6 331
-
9 738
-
accident
117
-
180
-
unemployment
1 546
-
2 378
-
other
6 805
-
10 467
-
total
18 401
-
28 303
-
Corporate
153 034
230 000
-
-
income
33 667
50 600
-
-
total
33 667
50 600
-
-
Dividends
119 366
179 400
-
-
withholding
35 810
53 820
-
-
total
35 810
53 820
-
-
Income
230 000
230 000
230 000
230 000
Total tax
105 342
104 420
115 889
114 892
After tax
124 658
125 580
114 111
115 108
Living cost
41 101
41 101
41 101
41 101
Free-cash
83 557
84 479
73 010
74 007

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75428
₽102564
₽72382
₽89487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 000
income

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

-
-
-
77 058
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.

-
-
-
4 238
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.

-
-
-
6 835
trade
-
-
-
30 182
total
-
-
-
118 313
Employee

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

50 740
-
230 000
-
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.

239
-
4 238
-
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.

4 359
-
77 058
-
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.

6 835
-
6 835
-
total
11 433
-
88 131
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 260
230 000
-
-
income
26 890
34 500
-
-
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.

1 479
1 897
-
-
chamber of commerce
406
478
-
-
trade
29 489
37 836
-
-
total
58 264
74 711
-
-
Dividends
120 996
155 289
-
-
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.

1 642
2 115
-
-
withholding
29 869
38 441
-
-
total
31 511
40 556
-
-
Income
230 000
230 000
230 000
230 000
Total tax
101 208
115 267
88 131
118 313
After tax
128 792
114 733
141 869
111 687
Living cost
39 305
39 305
39 305
39 305
Free-cash
89 487
75 428
102 564
72 382

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135160
₽120183
₽122060
₽131009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
53 434
social contributions
-
-
-
16 188
health
-
-
-
5 865
total
-
-
-
75 487
Employee
76 937
76 937
217 366
-
social contributions
3 739
6 385
8 613
-
income
8 079
7 122
52 422
-
health
765
1 308
3 695
-
total
12 583
14 815
64 730
-
Employer
76 937
76 937
217 366
-
health
834
1 424
4 021
-
social contributions
3 739
6 385
8 613
-
total
4 573
7 809
12 634
-
Corporate
180 392
145 254
-
-
income
22 549
18 157
-
-
total
22 549
18 157
-
-
Dividends
157 843
127 096
-
-
withholding
26 833
21 606
-
-
total
26 833
21 606
-
-
Income
230 000
230 000
230 000
230 000
Total tax
66 538
62 387
77 364
75 487
After tax
163 462
167 613
152 636
154 513
Living cost
32 453
32 453
32 453
32 453
Free-cash
131 009
135 160
120 183
122 060

Estimated living cost  is ₽32453 per week

₽22185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110723
₽114962
₽140961
₽111105
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
28 118
unemployment
-
-
-
3 450
health
-
-
-
16 100
pensions
-
-
-
23 000
total
-
-
-
70 668
Employee

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

The minimum wage is 138,000 HUF per month.

26 520
10 554
192 469
-
unemployment
398
158
2 887
-
pensions
2 652
1 055
19 247
-
income
3 242
1 290
23 529
-
health
1 856
739
13 473
-
total
8 148
3 242
59 136
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 520
10 554
192 469
-
pensions
5 171
2 058
37 531
-
total
5 171
2 058
37 531
-
Corporate
198 309
217 387
-
-
income
17 848
19 565
-
-
total
17 848
19 565
-
-
Dividends
180 461
197 823
-
-
social contributions
35 069
38 455
-
-
withholding
34 288
37 586
-
-
total
69 357
76 041
-
-
Income
230 000
230 000
230 000
230 000
Total tax
100 524
100 906
96 667
70 668
After tax
129 476
129 094
133 333
159 332
Living cost
18 371
18 371
18 371
18 371
Free-cash
111 105
110 723
114 962
140 961

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159833
₽108402
₽99116
₽153618
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
30 820
health
-
-
-
29 899
pensions
-
-
-
45 998
total
-
-
-
106 717
Employee
28 384
-
171 897
-
unemployment
454
-
2 751
-
pensions
568
-
3 439
-
income
3 196
-
33 142
-
total
4 218
-
39 332
-
Employer
28 384
-
171 897
-
health
3 689
-
22 346
-
pensions
5 677
-
34 378
-
unemployment
228
-
1 375
-
total
9 594
-
58 099
-
Corporate
192 022
230 000
-
-
income
38 403
46 000
-
-
total
38 403
46 000
-
-
Dividends
153 618
184 000
-
-
total
-
-
-
-
Income
230 000
230 000
230 000
230 000
Total tax
52 215
46 000
97 431
106 717
After tax
177 785
184 000
132 569
123 283
Living cost
24 167
24 167
24 167
24 167
Free-cash
153 618
159 833
108 402
99 116

Estimated living cost  is ₽24167 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
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.
₽5666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3672
₽104436
₽134741
₽15209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
accident
-
-
-
256
income
-
-
-
65 896
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
72 957
Employee
35 083
-
210 172
-
pensions
3 950
-
7 734
-
income
4 813
-
51 635
-
health
4 017
-
24 065
-
total
12 780
-
83 434
-
Employer
35 083
-
210 172
-
pensions
5 705
-
11 169
-
accident
586
-
3 510
-
unemployment
859
-
5 149
-
total
7 150
-
19 828
-
Corporate
187 768
230 000
-
-
income

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

168 991
207 000
-
-
total
168 991
207 000
-
-
Dividends
18 777
23 000
-
-
withholding
3 568
4 370
-
-
total
3 568
4 370
-
-
Income
230 000
230 000
230 000
230 000
Total tax
192 489
211 370
103 262
72 957
After tax
37 511
18 630
126 738
157 043
Living cost
22 302
22 302
22 302
22 302
Free-cash
15 209
-3 672
104 436
134 741

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽210435
₽175935
₽219635
₽208923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
230 000
microenterprise

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

-
-
-
2 300
total
-
-
-
2 300
Employee
10 081
-
230 000
-
income
2 016
-
46 000
-
total
2 016
-
46 000
-
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%.

219 919
230 000
-
-
total
-
-
-
-
Dividends
219 919
230 000
-
-
withholding
10 996
11 500
-
-
total
10 996
11 500
-
-
Income
230 000
230 000
230 000
230 000
Total tax
13 012
11 500
46 000
2 300
After tax
216 988
218 500
184 000
227 700
Living cost
8 065
8 065
8 065
8 065
Free-cash
208 923
210 435
175 935
219 635

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142320
₽110359
₽112245
₽135562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
40 657
other
-
-
-
7 227
health
-
-
-
6 695
pensions

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

-
-
-
36 516
total
-
-
-
91 095
Employee
36 329
-
191 346
-
unemployment
363
-
1 521
-
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.

2 542
-
10 650
-
income
6 254
-
40 027
-
health
509
-
2 130
-
total
9 668
-
54 328
-
Employer
36 329
-
191 346
-
health
509
-
2 130
-
pensions

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

6 177
-
25 866
-
accident
291
-
1 530
-
unemployment
363
-
1 521
-
other
1 817
-
7 606
-
total
9 157
-
38 653
-
Corporate
184 516
230 000
-
-
income
38 749
48 300
-
-
total
38 749
48 300
-
-
Dividends
145 767
181 700
-
-
withholding
10 204
12 720
-
-
total
10 204
12 720
-
-
Income
230 000
230 000
230 000
230 000
Total tax
67 778
61 020
92 981
91 095
After tax
162 222
168 980
137 019
138 905
Living cost
26 660
26 660
26 660
26 660
Free-cash
135 562
142 320
110 359
112 245

Estimated living cost  is ₽26660 per week

₽18837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78261
₽61525
₽82036
₽86251
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
71 608
pensions
-
-
-
10 028
total
-
-
-
81 636
Employee
93 844
-
200 407
-
pensions
9 053
-
11 930
-
income
16 916
-
57 933
-
health
1 546
-
2 691
-
total
27 515
-
72 554
-
Employer
93 844
-
200 407
-
health
1 782
-
3 807
-
pensions
11 080
-
25 786
-
total
12 862
-
29 593
-
Corporate
123 294
230 000
-
-
income

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

23 425
43 701
-
-
total
23 425
43 701
-
-
Dividends
99 868
186 299
-
-
withholding
13 619
41 710
-
-
total
13 619
41 710
-
-
Income
230 000
230 000
230 000
230 000
Total tax
77 421
85 411
102 147
81 636
After tax
152 579
144 589
127 853
148 364
Living cost
66 328
66 328
66 328
66 328
Free-cash
86 251
78 261
61 525
82 036

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽183537
₽182659
₽173058
₽178891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
34 500
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
43 829
Employee
17 364
-
223 146
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
pensions

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

1 525
-
3 068
-
income
1 736
-
22 314
-
health
799
-
1 607
-
total
4 251
-
27 373
-
Employer
17 364
-
223 146
-
health
1 198
-
2 411
-
pensions

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

1 914
-
3 850
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
210
-
total
3 407
-
6 855
-
Corporate
209 229
230 000
-
-
income
20 923
23 000
-
-
total
20 923
23 000
-
-
Dividends
188 306
207 000
-
-
withholding
9 415
10 350
-
-
total
9 415
10 350
-
-
Income
230 000
230 000
230 000
230 000
Total tax
37 996
33 350
34 228
43 829
After tax
192 004
196 650
195 772
186 171
Living cost
13 113
13 113
13 113
13 113
Free-cash
178 891
183 537
182 659
173 058

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59190
₽91605
₽67755
₽61707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
82 702
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
106 763
Employee
92 763
85 442
211 406
-
pensions
11 723
11 723
11 723
-
income

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

13 986
13 986
40 258
-
health
11 573
11 155
12 338
-
total
37 282
36 864
64 319
-
Employer
92 763
85 442
211 406
-
health
6 446
5 939
7 380
-
pensions
6 456
5 947
7 392
-
unemployment
3 340
3 076
3 822
-
total
16 242
14 962
18 594
-
Corporate
120 995
129 596
-
-
income
24 199
25 919
-
-
total
24 199
25 919
-
-
Dividends
96 796
103 676
-
-
income
20 569
22 031
-
-
withholding
14 519
15 552
-
-
total
35 088
37 583
-
-
Income
230 000
230 000
230 000
230 000
Total tax
112 811
115 328
82 913
106 763
After tax
117 189
114 672
147 087
123 237
Living cost
55 482
55 482
55 482
55 482
Free-cash
61 707
59 190
91 605
67 755

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133495
₽100914
₽110993
₽124626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
24 477
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
2 847
health
-
-
-
31 050
total
-
-
-
94 147
Employee
36 559
-
182 911
-
solidarity contribution
-
-
1 942
-
social contributions
2 376
-
7 963
-
income
4 387
-
22 538
-
health
4 936
-
24 693
-
total
11 699
-
57 136
-
Employer
36 559
-
182 911
-
health
3 290
-
16 462
-
social contributions
9 140
-
30 628
-
total
12 430
-
47 090
-
Corporate
181 011
230 000
-
-
income
34 392
43 700
-
-
total
34 392
43 700
-
-
Dividends
146 619
186 300
-
-
withholding
21 993
27 945
-
-
total
21 993
27 945
-
-
Income
230 000
230 000
230 000
230 000
Total tax
80 514
71 645
104 226
94 147
After tax
149 486
158 355
125 774
135 853
Living cost
24 860
24 860
24 860
24 860
Free-cash
124 626
133 495
100 914
110 993

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
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.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80495
₽60452
₽68934
₽75271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
social contributions
-
-
-
50 077
regional
-
-
-
2 932
municipal
-
-
-
1 439
national
-
-
-
64 399
total
-
-
-
118 847
Employee
88 922
-
230 000
-
municipal
471
-
1 314
-
national
15 408
-
57 702
-
regional
839
-
2 661
-
social contributions
29 985
-
65 652
-
total
46 703
-
127 329
-
Employer
88 922
-
230 000
-
total
-
-
-
-
Corporate
141 078
230 000
-
-
municipal
5 502
8 970
-
-
nationa
33 858
55 200
-
-
total
39 360
64 170
-
-
Dividends
101 718
165 831
-
-
withholding
26 447
43 116
-
-
total
26 447
43 116
-
-
Income
230 000
230 000
230 000
230 000
Total tax
112 510
107 286
127 329
118 847
After tax
117 490
122 714
102 671
111 153
Living cost
42 219
42 219
42 219
42 219
Free-cash
75 271
80 495
60 452
68 934

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122591
₽79933
₽86050
₽119477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
73 063
other
-
-
-
-
surtax
-
-
-
12 393
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
121 871
Employee
33 087
-
201 891
-
other
-
-
-
-
unemployment
2 303
-
9 294
-
pensions
2 206
-
8 907
-
surtax
108
-
11 197
-
income
5 546
-
67 078
-
health
845
-
3 404
-
total
11 008
-
99 880
-
Employer
33 087
-
201 891
-
health
1 506
-
6 076
-
pensions
4 411
-
17 800
-
unemployment
1 048
-
4 232
-
other
-
-
-
-
total
6 965
-
28 108
-
Corporate
189 948
230 000
-
-
income
49 386
59 800
-
-
total
49 386
59 800
-
-
Dividends
140 562
170 200
-
-
withholding
21 085
25 530
-
-
total
21 085
25 530
-
-
Income
230 000
230 000
230 000
230 000
Total tax
88 444
85 330
127 988
121 871
After tax
141 556
144 670
102 012
108 129
Living cost
22 079
22 079
22 079
22 079
Free-cash
119 477
122 591
79 933
86 050

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99276
₽82540
₽103051
₽105829
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
71 608
pensions
-
-
-
10 028
total
-
-
-
81 636
Employee
62 892
-
200 407
-
pensions
5 338
-
11 930
-
income
11 327
-
57 933
-
health
913
-
2 691
-
total
17 578
-
72 554
-
Employer
62 892
-
200 407
-
health
1 195
-
3 807
-
pensions
6 808
-
25 786
-
total
8 003
-
29 593
-
Corporate
159 106
230 000
-
-
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.

30 231
43 701
-
-
total
30 231
43 701
-
-
Dividends
128 875
186 299
-
-
withholding
23 046
41 710
-
-
total
23 046
41 710
-
-
Income
230 000
230 000
230 000
230 000
Total tax
78 858
85 411
102 147
81 636
After tax
151 142
144 589
127 853
148 364
Living cost
45 313
45 313
45 313
45 313
Free-cash
105 829
99 276
82 540
103 051

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
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.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽25928
₽94860
₽103360
₽59835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
other

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

-
-
-
4 600
regional
-
-
-
12 831
health
-
-
-
517
city
-
-
-
2 424
national
-
-
-
5 863
pensions
-
-
-
21 159
total
-
-
-
47 394
Employee
92 738
-
206 950
-
unemployment
-
-
-
-
pensions
7 791
-
16 169
-
national
439
-
4 827
-
regional
3 037
-
11 420
-
city
995
-
2 237
-
health
210
-
466
-
total
12 472
-
35 119
-
Employer
92 738
-
206 950
-
health
210
-
466
-
pensions
7 791
-
16 169
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 854
-
4 140
-
total
9 855
-
20 775
-
Corporate
126 387
230 000
-
-
regional
26 730
48 644
-
-
national
10 742
19 549
-
-
total
37 472
68 193
-
-
Dividends
88 915
161 806
-
-
withholding
31 120
56 633
-
-
total
31 120
56 633
-
-
Income
230 000
230 000
230 000
230 000
Total tax
90 919
124 826
55 894
47 394
After tax
139 081
105 174
174 106
182 606
Living cost
79 246
79 246
79 246
79 246
Free-cash
59 835
25 928
94 860
103 360

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67714
₽96034
₽64567
₽83940
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 000
income

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

-
-
-
77 058
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.

-
-
-
4 238
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.

-
-
-
6 835
trade
-
-
-
31 467
total
-
-
-
119 598
Employee

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

60 131
-
230 000
-
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.

389
-
4 238
-
income

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

7 071
-
77 058
-
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.

6 835
-
6 835
-
total
14 295
-
88 131
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 869
230 000
-
-
income
25 481
34 500
-
-
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.

1 401
1 897
-
-
chamber of commerce
391
475
-
-
trade
29 132
39 446
-
-
total
56 405
76 318
-
-
Dividends
113 464
153 683
-
-
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.

1 540
2 092
-
-
withholding
27 985
38 041
-
-
total
29 525
40 133
-
-
Income
230 000
230 000
230 000
230 000
Total tax
100 225
116 451
88 131
119 598
After tax
129 775
113 549
141 869
110 402
Living cost
45 835
45 835
45 835
45 835
Free-cash
83 940
67 714
96 034
64 567

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81687
₽84152
₽91202
₽87597
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
43 592
other
-
-
-
7 130
surtax
-
-
-
-
social contributions
-
-
-
6 552
health
-
-
-
11 404
pensions
-
-
-
35 888
total
-
-
-
104 566
Employee
42 822
-
175 220
-
pensions
4 842
-
13 339
-
surtax
-
-
-
-
social contributions
1 221
-
4 992
-
income
2 527
-
38 505
-
total
8 590
-
56 836
-
Employer
42 822
-
175 220
-
health
2 998
-
17 580
-
pensions
7 035
-
22 250
-
unemployment
1 734
-
7 096
-
social contributions
129
-
526
-
other
1 477
-
7 328
-
total
13 373
-
54 780
-
Corporate
173 806
230 000
-
-
income
48 666
64 401
-
-
surtax
-
-
-
-
total
48 666
64 401
-
-
Dividends
125 140
165 599
-
-
surtax
-
-
-
-
social contributions
21 524
28 483
-
-
withholding
16 018
21 197
-
-
total
37 542
49 680
-
-
Income
230 000
230 000
230 000
230 000
Total tax
108 171
114 081
111 616
104 566
After tax
121 829
115 919
118 384
125 434
Living cost
34 232
34 232
34 232
34 232
Free-cash
87 597
81 687
84 152
91 202

Estimated living cost  is ₽34232 per week

₽21585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85079
₽87544
₽94594
₽90639
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
43 592
other
-
-
-
7 130
surtax
-
-
-
-
social contributions
-
-
-
6 552
health
-
-
-
11 404
pensions
-
-
-
35 888
total
-
-
-
104 566
Employee
38 224
-
175 220
-
pensions
4 323
-
13 339
-
surtax
-
-
-
-
social contributions
1 090
-
4 992
-
income
1 971
-
38 505
-
total
7 384
-
56 836
-
Employer
38 224
-
175 220
-
health
2 675
-
17 580
-
pensions
6 281
-
22 250
-
unemployment
1 547
-
7 096
-
social contributions
114
-
526
-
other
1 320
-
7 328
-
total
11 937
-
54 780
-
Corporate
179 838
230 000
-
-
income
50 354
64 401
-
-
surtax
-
-
-
-
total
50 354
64 401
-
-
Dividends
129 484
165 599
-
-
surtax
-
-
-
-
social contributions
22 272
28 483
-
-
withholding
16 574
21 197
-
-
total
38 846
49 680
-
-
Income
230 000
230 000
230 000
230 000
Total tax
108 521
114 081
111 616
104 566
After tax
121 479
115 919
118 384
125 434
Living cost
30 840
30 840
30 840
30 840
Free-cash
90 639
85 079
87 544
94 594

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119102
₽120167
₽126489
₽119624
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
34 500
social contributions
-
-
-
31 741
health
-
-
-
16 054
total
-
-
-
82 295
Employee
33 924
-
230 000
-
social contributions
4 682
-
31 741
-
income
5 658
-
40 822
-
health
2 368
-
16 054
-
total
12 708
-
88 617
-
Employer
33 924
-
230 000
-
total
-
-
-
-
Corporate
196 076
230 000
-
-
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%.

9 803
11 501
-
-
total
9 803
11 501
-
-
Dividends
186 273
218 499
-
-
social contributions
25 705
30 154
-
-
withholding
27 942
32 776
-
-
health
13 002
15 251
-
-
total
66 649
78 181
-
-
Income
230 000
230 000
230 000
230 000
Total tax
89 160
89 682
88 617
82 295
After tax
140 840
140 318
141 383
147 705
Living cost
21 216
21 216
21 216
21 216
Free-cash
119 624
119 102
120 167
126 489

Estimated living cost  is ₽21216 per week

₽14199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91490
₽24992
₽82490
₽89946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
74 434
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
921
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
112 255
Employee
50 003
39 873
190 771
-
other
499
399
1 170
-
unemployment
1 500
1 196
3 507
-
pensions
5 121
4 082
11 970
-
income
5 692
2 941
62 612
-
health
1 935
1 544
4 523
-
total
14 747
10 162
83 782
-
Employer
50 003
39 873
190 771
-
chamber of commerce
199
159
763
-
health
1 889
1 508
4 418
-
pensions
6 275
5 005
14 669
-
accident
649
518
1 519
-
unemployment
1 500
1 196
3 507
-
surtax
197
197
197
-
payroll
1 500
1 196
5 723
-
other
2 375
1 893
8 432
-
total
14 584
11 672
39 228
-
Corporate
165 411
178 454
186 973
-
income

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

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

41 352
44 614
46 743
-
total
41 352
44 614
46 743
-
Dividends
124 059
133 839
-
-
withholding
34 116
36 807
-
-
total
34 116
36 807
-
-
Income
230 000
230 000
230 000
230 000
Total tax
104 799
103 255
169 753
112 255
After tax
125 201
126 745
60 247
117 745
Living cost
35 255
35 255
35 255
35 255
Free-cash
89 946
91 490
24 992
82 490

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89459
₽41494
₽63580
₽77033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
communal

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

-
-
-
12 304
social contributions
-
-
-
24 945
national
-
-
-
92 690
total
-
-
-
129 939
Employee

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

71 569
-
178 142
-
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.

623
-
1 549
-
communal

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

3 733
-
9 292
-
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.

5 368
-
13 361
-
national
22 003
-
67 592
-
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.

3 363
-
8 373
-
total
35 090
-
100 167
-
Employer

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

71 569
-
178 142
-
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.

4 401
-
10 956
-
pensions

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

6 342
-
15 784
-
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.

930
-
2 315
-
unemployment

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

1 044
-
2 601
-
surtax
8 115
-
20 202
-
total
20 832
-
51 858
-
Corporate
137 598
230 000
-
-
income
27 520
49 612
-
-
surtax
551
993
-
-
total
28 071
50 605
-
-
Dividends
109 527
179 395
-
-
withholding

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

32 493
53 455
-
-
total
32 493
53 455
-
-
Income
230 000
230 000
230 000
230 000
Total tax
116 486
104 060
152 025
129 939
After tax
113 514
125 940
77 975
100 061
Living cost
36 481
36 481
36 481
36 481
Free-cash
77 033
89 459
41 494
63 580

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
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.
₽9222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116527
₽88141
₽92340
₽109675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
accident
-
-
-
835
income
-
-
-
73 705
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
101 526
Employee
49 805
-
200 435
-
other
49
-
93
-
unemployment
773
-
1 437
-
pensions
2 341
-
4 359
-
income
10 508
-
70 271
-
total
13 671
-
76 160
-
Employer
49 805
-
200 435
-
pensions
11 753
-
21 887
-
accident
985
-
1 836
-
unemployment
2 740
-
5 100
-
other
397
-
742
-
total
15 875
-
29 565
-
Corporate
164 320
230 000
-
-
income

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

24 647
34 500
-
-
total
24 647
34 500
-
-
Dividends
139 673
195 500
-
-
withholding
29 998
42 839
-
-
total
29 998
42 839
-
-
Income
230 000
230 000
230 000
230 000
Total tax
84 191
77 339
105 725
101 526
After tax
145 809
152 661
124 275
128 474
Living cost
36 134
36 134
36 134
36 134
Free-cash
109 675
116 527
88 141
92 340

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75447
₽62491
₽53320
₽61686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
communal
-
-
-
14 537
accident
-
-
-
1 939
income
-
-
-
43 793
surtax
-
-
-
11 402
health
-
-
-
16 160
pensions
-
-
-
34 475
total
-
-
-
122 306
Employee
75 770
-
205 448
-
pensions
6 061
-
16 435
-
surtax
4 644
-
12 590
-
income
7 319
-
50 414
-
health
3 372
-
9 144
-
total
21 396
-
88 583
-
Employer
75 770
-
205 448
-
health
2 311
-
6 268
-
pensions
6 061
-
16 435
-
accident
682
-
1 849
-
total
9 054
-
24 552
-
Corporate
145 177
230 000
-
-
communal
9 799
15 526
-
-
income
21 776
34 500
-
-
surtax
1 525
2 415
-
-
total
33 100
52 441
-
-
Dividends
112 076
177 559
-
-
income
33 579
21 105
-
-
withholding
16 811
26 633
-
-
total
50 390
47 738
-
-
Income
230 000
230 000
230 000
230 000
Total tax
113 940
100 179
113 135
122 306
After tax
116 060
129 821
116 865
107 694
Living cost
54 374
54 374
54 374
54 374
Free-cash
61 686
75 447
62 491
53 320

Estimated living cost  is ₽54374 per week

₽40788
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.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122197
₽79539
₽85656
₽119014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
73 063
other
-
-
-
-
surtax
-
-
-
12 393
unemployment
-
-
-
228
health
-
-
-
9 480
pensions
-
-
-
26 707
total
-
-
-
121 871
Employee
33 695
-
201 891
-
other
-
-
-
-
unemployment
2 345
-
9 294
-
pensions
2 248
-
8 907
-
surtax
120
-
11 197
-
income
5 649
-
67 078
-
health
860
-
3 404
-
total
11 222
-
99 880
-
Employer
33 695
-
201 891
-
health
1 532
-
6 076
-
pensions
4 492
-
17 800
-
unemployment
1 069
-
4 232
-
other
-
-
-
-
total
7 093
-
28 108
-
Corporate
189 212
230 000
-
-
income
49 196
59 800
-
-
total
49 196
59 800
-
-
Dividends
140 016
170 200
-
-
withholding
21 002
25 530
-
-
total
21 002
25 530
-
-
Income
230 000
230 000
230 000
230 000
Total tax
88 513
85 330
127 988
121 871
After tax
141 487
144 670
102 012
108 129
Living cost
22 473
22 473
22 473
22 473
Free-cash
119 014
122 197
79 539
85 656

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
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.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93942
₽75043
₽83481
₽91720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
social contributions
-
-
-
50 077
regional
-
-
-
3 652
municipal
-
-
-
1 439
national
-
-
-
64 399
total
-
-
-
119 567
Employee
55 502
-
230 000
-
municipal
294
-
1 314
-
national
8 793
-
57 702
-
regional
747
-
3 337
-
social contributions
18 716
-
65 652
-
total
28 550
-
128 005
-
Employer
55 502
-
230 000
-
total
-
-
-
-
Corporate
174 498
230 000
-
-
municipal
8 673
11 430
-
-
nationa
41 880
55 200
-
-
total
50 553
66 630
-
-
Dividends
123 945
163 370
-
-
withholding
32 225
42 476
-
-
total
32 225
42 476
-
-
Income
230 000
230 000
230 000
230 000
Total tax
111 328
109 106
128 005
119 567
After tax
118 672
120 894
101 995
110 433
Living cost
26 952
26 952
26 952
26 952
Free-cash
91 720
93 942
75 043
83 481

Estimated living cost  is ₽26952 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127721
₽95140
₽105219
₽116792
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
24 477
social contributions
-
-
-
35 773
solidarity contribution
-
-
-
2 847
health
-
-
-
31 050
total
-
-
-
94 147
Employee
45 050
-
182 911
-
solidarity contribution
-
-
1 942
-
social contributions
2 928
-
7 963
-
income
5 406
-
22 538
-
health
6 082
-
24 693
-
total
14 416
-
57 136
-
Employer
45 050
-
182 911
-
health
4 055
-
16 462
-
social contributions
11 263
-
30 628
-
total
15 318
-
47 090
-
Corporate
169 632
230 000
-
-
income
32 230
43 700
-
-
total
32 230
43 700
-
-
Dividends
137 402
186 300
-
-
withholding
20 610
27 945
-
-
total
20 610
27 945
-
-
Income
230 000
230 000
230 000
230 000
Total tax
82 574
71 645
104 226
94 147
After tax
147 426
158 355
125 774
135 853
Living cost
30 634
30 634
30 634
30 634
Free-cash
116 792
127 721
95 140
105 219

Estimated living cost  is ₽30634 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94931
₽28376
₽86021
₽94435
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
74 434
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
921
health
-
-
-
8 941
pensions
-
-
-
21 625
total
-
-
-
112 058
Employee
43 737
39 873
190 955
-
other
437
399
1 170
-
unemployment
1 312
1 196
3 507
-
pensions
4 479
4 082
11 970
-
income
3 896
2 941
62 699
-
health
1 692
1 544
4 523
-
total
11 816
10 162
83 869
-
Employer
43 737
39 873
190 955
-
chamber of commerce
175
159
763
-
health
1 654
1 508
4 418
-
pensions
5 489
5 005
14 669
-
accident
568
518
1 519
-
unemployment
1 312
1 196
3 507
-
surtax
-
-
-
-
payroll
1 312
1 196
5 728
-
other
2 077
1 893
8 440
-
total
12 587
11 475
39 044
-
Corporate
173 677
178 651
187 157
-
income

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

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

43 420
44 664
46 790
-
total
43 420
44 664
46 790
-
Dividends
130 257
133 988
-
-
withholding
35 821
36 847
-
-
total
35 821
36 847
-
-
Income
230 000
230 000
230 000
230 000
Total tax
103 644
103 148
169 703
112 058
After tax
126 356
126 852
60 297
117 942
Living cost
31 921
31 921
31 921
31 921
Free-cash
94 435
94 931
28 376
86 021

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
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.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽205932
₽171432
₽215132
₽203575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
230 000
microenterprise

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

-
-
-
2 300
total
-
-
-
2 300
Employee
15 710
-
230 000
-
income
3 142
-
46 000
-
total
3 142
-
46 000
-
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%.

214 290
230 000
-
-
total
-
-
-
-
Dividends
214 290
230 000
-
-
withholding
10 715
11 500
-
-
total
10 715
11 500
-
-
Income
230 000
230 000
230 000
230 000
Total tax
13 857
11 500
46 000
2 300
After tax
216 143
218 500
184 000
227 700
Living cost
12 568
12 568
12 568
12 568
Free-cash
203 575
205 932
171 432
215 132

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131517
₽74430
₽79424
₽123147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 000
income
-
-
-
58 757
unemployment
-
-
-
346
health
-
-
-
22 633
pensions
-
-
-
42 003
total
-
-
-
123 739
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 244
-
199 013
-
unemployment
63
-
279
-
pensions
6 858
-
30 847
-
income
7 630
-
53 763
-
health
2 858
-
12 856
-
total
17 409
-
97 745
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 244
-
199 013
-
health
2 947
-
13 255
-
pensions
3 915
-
17 613
-
unemployment
27
-
120
-
total
6 889
-
30 988
-
Corporate
178 867
230 000
-
-
income
33 985
43 701
-
-
total
33 985
43 701
-
-
Dividends
144 882
186 299
-
-
withholding
21 733
27 945
-
-
total
21 733
27 945
-
-
Income
230 000
230 000
230 000
230 000
Total tax
80 016
71 646
128 733
123 739
After tax
149 984
158 354
101 267
106 261
Living cost
26 837
26 837
26 837
26 837
Free-cash
123 147
131 517
74 430
79 424

Estimated living cost  is ₽26837 per week

₽18418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96121
₽172832
₽115137
₽47825
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
44 832
social contributions
-
-
-
26 220
total
-
-
-
71 052
Employee
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
Corporate
78 608
230 000
-
-
income
17 294
50 600
-
-
total
17 294
50 600
-
-
Dividends
61 314
179 400
-
-
income
13 489
39 468
-
-
total
13 489
39 468
-
-
Income
230 000
230 000
230 000
230 000
Total tax
138 364
90 068
13 357
71 052
After tax
91 636
139 932
216 643
158 948
Living cost
43 811
43 811
43 811
43 811
Free-cash
47 825
96 121
172 832
115 137

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99440
₽70197
₽88343
₽98432
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 000
income
-
-
-
30 348
surtax
-
-
-
-
social contributions

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

-
-
-
79 925
total
-
-
-
110 273
Employee
46 017
-
185 859
-
surtax
-
-
338
-
social contributions
5 062
-
20 444
-
income
9 572
-
63 496
-
total
14 634
-
84 278
-
Employer
46 017
-
185 859
-
social contributions
10 929
-
44 141
-
total
10 929
-
44 141
-
Corporate
173 054
230 000
-
-
income
36 341
48 300
-
-
surtax
-
-
-
-
total
36 341
48 300
-
-
Dividends
136 712
181 700
-
-
withholding
38 280
50 876
-
-
total
38 280
50 876
-
-
Income
230 000
230 000
230 000
230 000
Total tax
100 184
99 176
128 419
110 273
After tax
129 816
130 824
101 581
119 727
Living cost
31 384
31 384
31 384
31 384
Free-cash
98 432
99 440
70 197
88 343

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67594
₽70059
₽77109
₽74472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
43 592
other
-
-
-
7 130
surtax
-
-
-
-
social contributions
-
-
-
6 552
health
-
-
-
11 404
pensions
-
-
-
35 888
total
-
-
-
104 566
Employee
62 666
-
175 220
-
pensions
7 088
-
13 339
-
surtax
-
-
-
-
social contributions
1 785
-
4 992
-
income
5 468
-
38 505
-
total
14 341
-
56 836
-
Employer
62 666
-
175 220
-
health
4 386
-
17 580
-
pensions
10 297
-
22 250
-
unemployment
2 539
-
7 096
-
social contributions
188
-
526
-
other
2 163
-
7 328
-
total
19 573
-
54 780
-
Corporate
147 762
230 000
-
-
income
41 373
64 401
-
-
surtax
-
-
-
-
total
41 373
64 401
-
-
Dividends
106 389
165 599
-
-
surtax
-
-
-
-
social contributions
18 298
28 483
-
-
withholding
13 618
21 197
-
-
total
31 916
49 680
-
-
Income
230 000
230 000
230 000
230 000
Total tax
107 203
114 081
111 616
104 566
After tax
122 797
115 919
118 384
125 434
Living cost
48 325
48 325
48 325
48 325
Free-cash
74 472
67 594
70 059
77 109

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176925
₽143571
₽137460
₽173563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
11 865
social contributions
-
-
-
50 599
total
-
-
-
62 464
Employee
32 166
-
199 134
-
income
-
-
12 543
-
social contributions
2 090
-
12 944
-
total
2 090
-
25 487
-
Employer
32 166
-
199 134
-
social contributions
4 986
-
30 866
-
total
4 986
-
30 866
-
Corporate
192 848
230 000
-
-
income
19 285
22 999
-
-
total
19 285
22 999
-
-
Dividends
173 562
207 001
-
-
total
-
-
-
-
Income
230 000
230 000
230 000
230 000
Total tax
26 361
22 999
56 353
62 464
After tax
203 639
207 001
173 647
167 536
Living cost
30 076
30 076
30 076
30 076
Free-cash
173 563
176 925
143 571
137 460

Estimated living cost  is ₽30076 per week

₽19447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12117
₽12117
₽84376
₽6899
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
labour market
-
-
-
18 331
municipal
-
-
-
49 509
national
-
-
-
28 756
pensions
-
-
-
867
total
-
-
-
97 463
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
12 117
-
-
-
income
2 666
-
-
-
total
2 666
-
-
-
Dividends
9 451
-
-
-
withholding
2 552
-
-
-
total
2 552
-
-
-
Income
230 000
230 000
230 000
230 000
Total tax
174 940
169 722
169 722
97 463
After tax
55 060
60 278
60 278
132 537
Living cost
48 161
48 161
48 161
48 161
Free-cash
6 899
12 117
12 117
84 376

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3343
₽104765
₽135070
₽15260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
accident
-
-
-
256
income
-
-
-
65 896
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
72 957
Employee
34 565
-
210 172
-
pensions
3 892
-
7 734
-
income
4 742
-
51 635
-
health
3 958
-
24 065
-
total
12 592
-
83 434
-
Employer
34 565
-
210 172
-
pensions
5 620
-
11 169
-
accident
577
-
3 510
-
unemployment
847
-
5 149
-
total
7 044
-
19 828
-
Corporate
188 390
230 000
-
-
income

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

169 551
207 000
-
-
total
169 551
207 000
-
-
Dividends
18 839
23 000
-
-
withholding
3 580
4 370
-
-
total
3 580
4 370
-
-
Income
230 000
230 000
230 000
230 000
Total tax
192 767
211 370
103 262
72 957
After tax
37 233
18 630
126 738
157 043
Living cost
21 973
21 973
21 973
21 973
Free-cash
15 260
-3 343
104 765
135 070

Estimated living cost  is ₽21973 per week

₽15994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102370
₽75778
₽102122
₽105460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
230 000
health
-
-
-
3 125
municipal
-
-
-
40 838
national
-
-
-
45 501
total
-
-
-
89 464
Employee
52 641
-
193 488
-
municipal
8 622
-
31 494
-
unemployment
790
-
2 903
-
pensions
3 553
-
13 061
-
national
870
-
29 279
-
health
393
-
2 561
-
total
14 228
-
79 298
-
Employer
52 641
-
193 488
-
health
404
-
1 490
-
pensions
9 133
-
33 569
-
accident
53
-
194
-
unemployment
342
-
1 257
-
total
9 932
-
36 510
-
Corporate
167 427
230 000
-
-
income
33 486
46 000
-
-
total
33 486
46 000
-
-
Dividends

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

100 456
138 000
-
-
municipal
18 081
24 839
-
-
national
10 399
18 377
-
-
total
28 480
43 216
-
-
Income
230 000
230 000
230 000
230 000
Total tax
86 126
89 216
115 808
89 464
After tax
143 874
140 784
114 192
140 536
Living cost
38 414
38 414
38 414
38 414
Free-cash
105 460
102 370
75 778
102 122

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144448
₽129471
₽131348
₽139004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
53 434
social contributions
-
-
-
16 188
health
-
-
-
5 865
total
-
-
-
75 487
Employee
76 937
76 937
217 366
-
social contributions
2 909
6 385
8 613
-
income
8 377
7 122
52 422
-
health
596
1 308
3 695
-
total
11 882
14 815
64 730
-
Employer
76 937
76 937
217 366
-
health
647
1 424
4 021
-
social contributions
2 909
6 385
8 613
-
total
3 556
7 809
12 634
-
Corporate
191 396
145 254
-
-
income
23 924
18 157
-
-
total
23 924
18 157
-
-
Dividends
167 472
127 096
-
-
withholding
28 469
21 606
-
-
total
28 469
21 606
-
-
Income
230 000
230 000
230 000
230 000
Total tax
67 831
62 387
77 364
75 487
After tax
162 169
167 613
152 636
154 513
Living cost
23 165
23 165
23 165
23 165
Free-cash
139 004
144 448
129 471
131 348

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽174577
₽160186
₽180256
₽169489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
230 000
income
-
-
-
23 844
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
33 858
Employee

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

22 966
-
220 222
-
unemployment
114
-
475
-
pensions
3 444
-
14 240
-
income
1 570
-
21 365
-
health
1 952
-
8 070
-
total
7 080
-
44 150
-
Employer

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

22 966
-
220 222
-
health
987
-
4 082
-
pensions
1 263
-
5 221
-
unemployment
114
-
475
-
total
2 364
-
9 778
-
Corporate
204 670
230 000
-
-
income
18 419
20 700
-
-
total
18 419
20 700
-
-
Dividends
186 251
209 300
-
-
withholding
16 762
18 837
-
-
total
16 762
18 837
-
-
Income
230 000
230 000
230 000
230 000
Total tax
44 625
39 537
53 928
33 858
After tax
185 375
190 463
176 072
196 142
Living cost
15 886
15 886
15 886
15 886
Free-cash
169 489
174 577
160 186
180 256

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125147
₽96761
₽100960
₽120729
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
accident
-
-
-
835
income
-
-
-
73 705
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
101 526
Employee
36 996
-
200 435
-
other
36
-
93
-
unemployment
573
-
1 437
-
pensions
1 739
-
4 359
-
income
7 133
-
70 271
-
total
9 481
-
76 160
-
Employer
36 996
-
200 435
-
pensions
8 730
-
21 887
-
accident
733
-
1 836
-
unemployment
2 035
-
5 100
-
other
296
-
742
-
total
11 794
-
29 565
-
Corporate
181 209
230 000
-
-
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.

27 182
34 500
-
-
total
27 182
34 500
-
-
Dividends
154 027
195 500
-
-
withholding
33 300
42 839
-
-
total
33 300
42 839
-
-
Income
230 000
230 000
230 000
230 000
Total tax
81 757
77 339
105 725
101 526
After tax
148 243
152 661
124 275
128 474
Living cost
27 514
27 514
27 514
27 514
Free-cash
120 729
125 147
96 761
100 960

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141580
₽146283
₽146421
₽141261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
79 198
health
-
-
-
1 026
pensions
-
-
-
1 415
total
-
-
-
81 639
Employee
2 954
-
228 408
-
unemployment
30
-
71
-
pensions
266
-
637
-
income
571
-
79 124
-
health
148
-
354
-
total
1 015
-
80 186
-
Employer
2 954
-
228 408
-
health
281
-
672
-
pensions
325
-
778
-
unemployment
59
-
141
-
total
665
-
1 591
-
Corporate
226 381
230 000
-
-
income
49 804
50 600
-
-
total
49 804
50 600
-
-
Dividends
176 577
179 400
-
-
withholding
35 315
35 880
-
-
total
35 315
35 880
-
-
Income
230 000
230 000
230 000
230 000
Total tax
86 799
86 480
81 777
81 639
After tax
143 201
143 520
148 223
148 361
Living cost
1 940
1 940
1 940
1 940
Free-cash
141 261
141 580
146 283
146 421

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148873
₽131428
₽131429
₽143949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 000
income
-
-
-
53 321
unemployment
-
-
-
1 109
health
-
-
-
7 615
pensions
-
-
-
19 224
total
-
-
-
81 269
Employee

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

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

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

26 090
-
216 765
-
unemployment
196
-
555
-
pensions
3 653
-
10 351
-
income
3 596
-
53 321
-
health
1 344
-
3 808
-
total
8 789
-
68 035
-
Employer

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

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

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

26 090
-
216 765
-
health
1 344
-
3 808
-
pensions
3 131
-
8 872
-
unemployment
196
-
555
-
total
4 671
-
13 235
-
Corporate
199 240
230 000
-
-
income
29 886
34 500
-
-
total
29 886
34 500
-
-
Dividends
169 354
195 500
-
-
withholding
25 403
29 325
-
-
total
25 403
29 325
-
-
Income
230 000
230 000
230 000
230 000
Total tax
68 749
63 825
81 270
81 269
After tax
161 251
166 175
148 730
148 731
Living cost
17 302
17 302
17 302
17 302
Free-cash
143 949
148 873
131 428
131 429

Estimated living cost  is ₽17302 per week

₽11649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103850
₽74607
₽92753
₽103489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 000
income
-
-
-
30 348
surtax
-
-
-
-
social contributions

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

-
-
-
79 925
total
-
-
-
110 273
Employee
38 833
-
185 859
-
surtax
-
-
338
-
social contributions
4 272
-
20 444
-
income
7 588
-
63 496
-
total
11 860
-
84 278
-
Employer
38 833
-
185 859
-
social contributions
9 222
-
44 141
-
total
9 222
-
44 141
-
Corporate
181 945
230 000
-
-
income
38 208
48 300
-
-
surtax
-
-
-
-
total
38 208
48 300
-
-
Dividends
143 737
181 700
-
-
withholding
40 247
50 876
-
-
total
40 247
50 876
-
-
Income
230 000
230 000
230 000
230 000
Total tax
99 537
99 176
128 419
110 273
After tax
130 463
130 824
101 581
119 727
Living cost
26 974
26 974
26 974
26 974
Free-cash
103 489
103 850
74 607
92 753

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
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.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117498
₽89111
₽93310
₽110951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
accident
-
-
-
835
income
-
-
-
73 705
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
101 526
Employee
48 322
-
200 435
-
other
47
-
93
-
unemployment
748
-
1 437
-
pensions
2 271
-
4 359
-
income
10 093
-
70 271
-
total
13 159
-
76 160
-
Employer
48 322
-
200 435
-
pensions
11 404
-
21 887
-
accident
957
-
1 836
-
unemployment
2 658
-
5 100
-
other
387
-
742
-
total
15 406
-
29 565
-
Corporate
166 272
230 000
-
-
income

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

24 942
34 500
-
-
total
24 942
34 500
-
-
Dividends
141 331
195 500
-
-
withholding
30 379
42 839
-
-
total
30 379
42 839
-
-
Income
230 000
230 000
230 000
230 000
Total tax
83 886
77 339
105 725
101 526
After tax
146 114
152 661
124 275
128 474
Living cost
35 164
35 164
35 164
35 164
Free-cash
110 951
117 498
89 111
93 310

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽179445
₽178567
₽168966
₽173349
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
34 500
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
43 829
Employee
22 782
-
223 146
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
pensions

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

2 000
-
3 068
-
income
2 279
-
22 314
-
health
1 048
-
1 607
-
total
5 577
-
27 373
-
Employer
22 782
-
223 146
-
health
1 572
-
2 411
-
pensions

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

2 511
-
3 850
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
210
-
total
4 470
-
6 855
-
Corporate
202 748
230 000
-
-
income
20 275
23 000
-
-
total
20 275
23 000
-
-
Dividends
182 473
207 000
-
-
withholding
9 124
10 350
-
-
total
9 124
10 350
-
-
Income
230 000
230 000
230 000
230 000
Total tax
39 446
33 350
34 228
43 829
After tax
190 554
196 650
195 772
186 171
Living cost
17 205
17 205
17 205
17 205
Free-cash
173 349
179 445
178 567
168 966

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79653
₽103241
₽76911
₽92742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 000
income

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

-
-
-
77 058
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.

-
-
-
4 238
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.

-
-
-
6 835
trade
-
-
-
26 330
total
-
-
-
114 461
Employee

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

49 783
-
230 000
-
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.

226
-
4 238
-
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.

4 094
-
77 058
-
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.

6 835
-
6 835
-
total
11 155
-
88 131
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 217
230 000
-
-
income
27 032
34 500
-
-
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.

1 487
1 897
-
-
chamber of commerce
416
490
-
-
trade
25 861
33 005
-
-
total
54 796
69 892
-
-
Dividends
125 422
160 108
-
-
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.

1 703
2 180
-
-
withholding
30 976
39 647
-
-
total
32 679
41 827
-
-
Income
230 000
230 000
230 000
230 000
Total tax
98 630
111 719
88 131
114 461
After tax
131 370
118 281
141 869
115 539
Living cost
38 628
38 628
38 628
38 628
Free-cash
92 742
79 653
103 241
76 911

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104006
₽57924
₽57924
₽106215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
75 463
social contributions
-
-
-
39 618
total
-
-
-
115 081
Employee
78 265
-
230 000
-
income
14 768
-
75 463
-
social contributions
6 502
-
39 618
-
total
21 270
-
115 081
-
Employer
78 265
-
230 000
-
total
-
-
-
-
Corporate
151 735
230 000
-
-
income
18 966
28 750
-
-
total
18 966
28 750
-
-
Dividends
132 769
201 250
-
-
withholding
26 554
40 249
-
-
total
26 554
40 249
-
-
Income
230 000
230 000
230 000
230 000
Total tax
66 790
68 999
115 081
115 081
After tax
163 210
161 001
114 919
114 919
Living cost
56 995
56 995
56 995
56 995
Free-cash
106 215
104 006
57 924
57 924

Estimated living cost  is ₽56995 per week

₽43361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
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.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107894
₽123935
₽153161
₽111389
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 000
income
-
-
-
34 500
health

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

-
-
-
6 019
total
-
-
-
40 519
Employee
45 899
-
225 398
-
income
4 980
-
60 541
-
social contributions
4 599
-
4 602
-
total
9 579
-
65 143
-
Employer
45 899
-
225 398
-
social contributions
4 599
-
4 602
-
total
4 599
-
4 602
-
Corporate
179 502
230 000
-
-
income
62 827
80 500
-
-
total
62 827
80 500
-
-
Dividends
116 676
149 500
-
-
social contributions
5 286
5 286
-
-
total
5 286
5 286
-
-
Income
230 000
230 000
230 000
230 000
Total tax
82 291
85 786
69 745
40 519
After tax
147 709
144 214
160 255
189 481
Living cost
36 320
36 320
36 320
36 320
Free-cash
111 389
107 894
123 935
153 161

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
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.
₽8975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107751
₽91015
₽111526
₽113625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
71 608
pensions
-
-
-
10 028
total
-
-
-
81 636
Employee
50 566
-
200 407
-
pensions
3 859
-
11 930
-
income
9 208
-
57 933
-
health
660
-
2 691
-
total
13 727
-
72 554
-
Employer
50 566
-
200 407
-
health
961
-
3 807
-
pensions
5 109
-
25 786
-
total
6 070
-
29 593
-
Corporate
173 364
230 000
-
-
income

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

32 939
43 701
-
-
total
32 939
43 701
-
-
Dividends
140 425
186 299
-
-
withholding
26 801
41 710
-
-
total
26 801
41 710
-
-
Income
230 000
230 000
230 000
230 000
Total tax
79 537
85 411
102 147
81 636
After tax
150 463
144 589
127 853
148 364
Living cost
36 838
36 838
36 838
36 838
Free-cash
113 625
107 751
91 015
111 526

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5519
₽102589
₽132894
₽14927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
accident
-
-
-
256
income
-
-
-
65 896
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
72 957
Employee
37 987
-
210 172
-
pensions
4 277
-
7 734
-
income
5 211
-
51 635
-
health
4 349
-
24 065
-
total
13 837
-
83 434
-
Employer
37 987
-
210 172
-
pensions
6 176
-
11 169
-
accident
634
-
3 510
-
unemployment
931
-
5 149
-
total
7 741
-
19 828
-
Corporate
184 272
230 000
-
-
income

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

165 845
207 000
-
-
total
165 845
207 000
-
-
Dividends
18 427
23 000
-
-
withholding
3 501
4 370
-
-
total
3 501
4 370
-
-
Income
230 000
230 000
230 000
230 000
Total tax
190 924
211 370
103 262
72 957
After tax
39 076
18 630
126 738
157 043
Living cost
24 149
24 149
24 149
24 149
Free-cash
14 927
-5 519
102 589
132 894

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
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.
₽4532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162436
₽155751
₽133750
₽159409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
230 000
income
-
-
-
38 735
unemployment
-
-
-
1 920
work injury
-
-
-
800
health insurance
-
-
-
11 840
pensions
-
-
-
29 441
total
-
-
-
82 736
Employee

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

21 623
-
230 000
-
health insurance
1 600
-
5 920
-
unemployment
259
-
960
-
work injury
108
-
400
-
pensions
3 979
-
14 720
-
income
2 162
-
38 735
-
total
8 108
-
60 735
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
208 377
230 000
-
-
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%.

20 838
23 000
-
-
total
20 838
23 000
-
-
Dividends
187 539
207 000
-
-
withholding
28 131
31 050
-
-
total
28 131
31 050
-
-
Income
230 000
230 000
230 000
230 000
Total tax
57 077
54 050
60 735
82 736
After tax
172 923
175 950
169 265
147 264
Living cost
13 514
13 514
13 514
13 514
Free-cash
159 409
162 436
155 751
133 750

Estimated living cost  is ₽13514 per week

₽8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81289
₽60169
₽68388
₽76739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
social contributions
-
-
-
50 077
regional
-
-
-
5 657
municipal
-
-
-
1 620
national
-
-
-
64 399
total
-
-
-
121 753
Employee
84 312
-
230 000
-
municipal
503
-
1 479
-
national
14 248
-
57 702
-
regional
1 273
-
5 139
-
social contributions
28 430
-
65 652
-
total
44 454
-
129 972
-
Employer
84 312
-
230 000
-
total
-
-
-
-
Corporate
145 688
230 000
-
-
municipal
7 021
11 087
-
-
nationa
34 965
55 200
-
-
total
41 986
66 287
-
-
Dividends
103 702
163 714
-
-
withholding
26 962
42 565
-
-
total
26 962
42 565
-
-
Income
230 000
230 000
230 000
230 000
Total tax
113 402
108 852
129 972
121 753
After tax
116 598
121 148
100 028
108 247
Living cost
39 859
39 859
39 859
39 859
Free-cash
76 739
81 289
60 169
68 388

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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