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
₽86926
₽112289
₽83069
₽97506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 914
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.

-
-
-
4 284
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.

-
-
-
6 536
trade
-
-
-
29 220
total
-
-
-
117 954
Employee

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

36 591
-
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.

56
-
4 284
-
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.

1 022
-
77 914
-
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.

6 536
-
6 536
-
total
7 614
-
88 734
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
193 409
230 000
-
-
income
29 011
34 499
-
-
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.

1 596
1 897
-
-
chamber of commerce
423
476
-
-
trade
30 462
36 226
-
-
total
61 492
73 098
-
-
Dividends
131 918
156 902
-
-
surtax

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

1 794
2 137
-
-
withholding
32 617
38 862
-
-
total
34 411
40 999
-
-
Income
230 000
230 000
230 000
230 000
Total tax
103 517
114 097
88 734
117 954
After tax
126 483
115 903
141 266
112 046
Living cost
28 977
28 977
28 977
28 977
Free-cash
97 506
86 926
112 289
83 069

Estimated living cost  is ₽28977 per week

₽18227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92279
₽80827
₽79593
₽91427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 472
municipal
-
-
-
25 564
national
-
-
-
43 530
pensions
-
-
-
27 600
total
-
-
-
99 166
Employee
79 433
-
198 833
-
municipal
9 811
-
26 455
-
pensions
3 177
-
7 953
-
national
15 204
-
45 480
-
total
28 192
-
79 888
-
Employer
79 433
-
198 833
-
pensions
6 355
-
15 907
-
social contributions
854
-
2 137
-
total
7 209
-
18 044
-
Corporate
138 115
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%.

27 623
46 000
-
-
total
27 623
46 000
-
-
Dividends
110 492
184 000
-
-
withholding
24 308
40 480
-
-
total
24 308
40 480
-
-
Income
230 000
230 000
230 000
230 000
Total tax
87 332
86 480
97 932
99 166
After tax
142 668
143 520
132 068
130 834
Living cost
51 241
51 241
51 241
51 241
Free-cash
91 427
92 279
80 827
79 593

Estimated living cost  is ₽51241 per week

₽34828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164097
₽80874
₽64748
₽156250
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
50 045
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.

-
-
-
36 654
microenterprise
-
-
-
-
total
-
-
-
145 349
Employee
27 954
-
182 462
-
surtax
-
-
26 457
-
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.

3 075
-
12 541
-
income
4 976
-
42 689
-
total
8 051
-
81 687
-
Employer
27 954
-
182 462
-
social contributions

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

6 734
-
27 466
-
surtax
-
-
20 070
-
total
6 734
-
47 536
-
Corporate
195 312
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%.

39 062
46 000
-
-
total
39 062
46 000
-
-
Dividends

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

156 251
184 000
-
-
total
-
-
-
-
Income
230 000
230 000
230 000
230 000
Total tax
53 847
46 000
129 223
145 349
After tax
176 153
184 000
100 777
84 651
Living cost
19 903
19 903
19 903
19 903
Free-cash
156 250
164 097
80 874
64 748

Estimated living cost  is ₽19903 per week

₽12697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1895
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74711
₽106993
₽82625
₽68852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
84 293
health
-
-
-
11 797
pensions
-
-
-
11 209
total
-
-
-
107 299
Employee
81 696
81 696
212 221
-
pensions
14 705
11 209
11 209
-
income

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

13 372
13 372
42 145
-
health
12 539
10 666
11 797
-
total
40 616
35 247
65 151
-
Employer
81 696
81 696
212 221
-
health
5 679
5 679
7 057
-
pensions
5 686
5 686
7 068
-
unemployment
2 941
2 941
3 655
-
total
14 306
14 306
17 780
-
Corporate
135 000
133 998
-
-
income
27 000
26 800
-
-
total
27 000
26 800
-
-
Dividends
108 001
107 198
-
-
income
22 951
22 780
-
-
withholding
16 199
16 080
-
-
total
39 150
38 860
-
-
Income
230 000
230 000
230 000
230 000
Total tax
121 072
115 213
82 931
107 299
After tax
108 928
114 787
147 069
122 701
Living cost
40 076
40 076
40 076
40 076
Free-cash
68 852
74 711
106 993
82 625

Estimated living cost  is ₽40076 per week

₽28401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86215
₽74315
₽75272
₽85330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
172
other
-
-
-
10 025
unemployment
-
-
-
86
health
-
-
-
5 383
municipal
-
-
-
61 133
national
-
-
-
29 238
pensions
-
-
-
9 326
total
-
-
-
115 363
Employee
56 092
-
202 892
-
municipal
16 727
-
60 503
-
national
-
-
28 710
-
total
16 727
-
89 213
-
Employer
56 092
-
202 892
-
health
3 450
-
5 306
-
pensions
6 063
-
9 326
-
accident
112
-
172
-
unemployment
1 481
-
2 278
-
other
6 518
-
10 025
-
total
17 624
-
27 107
-
Corporate
156 284
230 000
-
-
income
34 383
50 600
-
-
total
34 383
50 600
-
-
Dividends
121 901
179 400
-
-
withholding
36 571
53 820
-
-
total
36 571
53 820
-
-
Income
230 000
230 000
230 000
230 000
Total tax
105 305
104 420
116 320
115 363
After tax
124 695
125 580
113 680
114 637
Living cost
39 365
39 365
39 365
39 365
Free-cash
85 330
86 215
74 315
75 272

Estimated living cost  is ₽39365 per week

₽26090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77140
₽103684
₽73166
₽90579
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 914
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.

-
-
-
4 284
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.

-
-
-
6 536
trade
-
-
-
30 518
total
-
-
-
119 252
Employee

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

48 515
-
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.

229
-
4 284
-
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.

4 168
-
77 914
-
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.

6 536
-
6 536
-
total
10 933
-
88 734
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 485
230 000
-
-
income
27 223
34 499
-
-
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.

1 498
1 897
-
-
chamber of commerce
403
472
-
-
trade
29 853
37 834
-
-
total
58 977
74 702
-
-
Dividends
122 508
155 297
-
-
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.

1 665
2 115
-
-
withholding
30 264
38 461
-
-
total
31 929
40 576
-
-
Income
230 000
230 000
230 000
230 000
Total tax
101 839
115 278
88 734
119 252
After tax
128 161
114 722
141 266
110 748
Living cost
37 582
37 582
37 582
37 582
Free-cash
90 579
77 140
103 684
73 166

Estimated living cost  is ₽37582 per week

₽25135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136556
₽121238
₽123096
₽132588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 529
social contributions
-
-
-
15 479
health
-
-
-
5 866
total
-
-
-
75 874
Employee
73 563
73 563
217 737
-
social contributions
3 575
6 105
8 235
-
income
7 725
6 810
53 531
-
health
732
1 251
3 702
-
total
12 032
14 166
65 468
-
Employer
73 563
73 563
217 737
-
health
797
1 362
4 029
-
social contributions
3 575
6 105
8 235
-
total
4 372
7 467
12 264
-
Corporate
182 568
148 970
-
-
income
22 820
18 621
-
-
total
22 820
18 621
-
-
Dividends
159 747
130 348
-
-
withholding
27 158
22 160
-
-
total
27 158
22 160
-
-
Income
230 000
230 000
230 000
230 000
Total tax
66 382
62 414
77 732
75 874
After tax
163 618
167 586
152 268
154 126
Living cost
31 030
31 030
31 030
31 030
Free-cash
132 588
136 556
121 238
123 096

Estimated living cost  is ₽31030 per week

₽21212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111492
₽115747
₽141747
₽111857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 117
unemployment
-
-
-
3 450
health
-
-
-
16 100
pensions
-
-
-
23 000
total
-
-
-
70 667
Employee

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

The minimum wage is 138,000 HUF per month.

25 386
10 103
192 469
-
unemployment
381
152
2 887
-
pensions
2 539
1 010
19 247
-
income
3 103
1 235
23 529
-
health
1 777
707
13 473
-
total
7 800
3 104
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.

25 386
10 103
192 469
-
pensions
4 950
1 970
37 531
-
total
4 950
1 970
37 531
-
Corporate
199 663
217 926
-
-
income
17 970
19 613
-
-
total
17 970
19 613
-
-
Dividends
181 694
198 313
-
-
social contributions
35 315
38 556
-
-
withholding
34 522
37 679
-
-
total
69 837
76 235
-
-
Income
230 000
230 000
230 000
230 000
Total tax
100 557
100 922
96 667
70 667
After tax
129 443
129 078
133 333
159 333
Living cost
17 586
17 586
17 586
17 586
Free-cash
111 857
111 492
115 747
141 747

Estimated living cost  is ₽17586 per week

₽12001
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.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160893
₽109464
₽100173
₽154951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 819
health
-
-
-
29 901
pensions
-
-
-
46 000
total
-
-
-
106 720
Employee
27 139
-
171 900
-
unemployment
434
-
2 750
-
pensions
543
-
3 438
-
income
3 055
-
33 141
-
total
4 032
-
39 329
-
Employer
27 139
-
171 900
-
health
3 527
-
22 347
-
pensions
5 428
-
34 379
-
unemployment
218
-
1 374
-
total
9 173
-
58 100
-
Corporate
193 687
230 000
-
-
income
38 737
46 000
-
-
total
38 737
46 000
-
-
Dividends
154 951
184 000
-
-
total
-
-
-
-
Income
230 000
230 000
230 000
230 000
Total tax
51 942
46 000
97 429
106 720
After tax
178 058
184 000
132 571
123 280
Living cost
23 107
23 107
23 107
23 107
Free-cash
154 951
160 893
109 464
100 173

Estimated living cost  is ₽23107 per week

₽15849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
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.
₽5417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2743
₽105628
₽135644
₽15351
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
66 217
other
-
-
-
360
health
-
-
-
2 119
pensions
-
-
-
4 042
total
-
-
-
72 983
Employee
33 621
-
210 619
-
pensions
3 786
-
7 412
-
income
4 613
-
52 091
-
health
3 850
-
24 116
-
total
12 249
-
83 619
-
Employer
33 621
-
210 619
-
pensions
5 467
-
10 703
-
accident
561
-
3 517
-
unemployment
824
-
5 160
-
total
6 852
-
19 380
-
Corporate
189 527
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.

170 574
207 000
-
-
total
170 574
207 000
-
-
Dividends
18 952
23 000
-
-
withholding
3 601
4 370
-
-
total
3 601
4 370
-
-
Income
230 000
230 000
230 000
230 000
Total tax
193 276
211 370
102 999
72 983
After tax
36 724
18 630
127 001
157 017
Living cost
21 373
21 373
21 373
21 373
Free-cash
15 351
-2 743
105 628
135 644

Estimated living cost  is ₽21373 per week

₽15665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1184
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4079
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽210629
₽176129
₽219829
₽209153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 839
-
230 000
-
income
1 968
-
46 000
-
total
1 968
-
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%.

220 161
230 000
-
-
total
-
-
-
-
Dividends
220 161
230 000
-
-
withholding
11 008
11 500
-
-
total
11 008
11 500
-
-
Income
230 000
230 000
230 000
230 000
Total tax
12 976
11 500
46 000
2 300
After tax
217 024
218 500
184 000
227 700
Living cost
7 871
7 871
7 871
7 871
Free-cash
209 153
210 629
176 129
219 829

Estimated living cost  is ₽7871 per week

₽4878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143490
₽113022
₽114887
₽137028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 396
other
-
-
-
6 910
health
-
-
-
6 401
pensions

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

-
-
-
34 915
total
-
-
-
89 622
Employee
34 736
-
192 961
-
unemployment
347
-
1 454
-
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.

2 431
-
10 183
-
income
5 980
-
40 774
-
health
487
-
2 037
-
total
9 245
-
54 448
-
Employer
34 736
-
192 961
-
health
487
-
2 037
-
pensions

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

5 906
-
24 732
-
accident
278
-
1 543
-
unemployment
347
-
1 454
-
other
1 737
-
7 273
-
total
8 755
-
37 039
-
Corporate
186 510
230 000
-
-
income
39 167
48 300
-
-
total
39 167
48 300
-
-
Dividends
147 343
181 700
-
-
withholding
10 314
12 719
-
-
total
10 314
12 719
-
-
Income
230 000
230 000
230 000
230 000
Total tax
67 481
61 019
91 487
89 622
After tax
162 519
168 981
138 513
140 378
Living cost
25 491
25 491
25 491
25 491
Free-cash
137 028
143 490
113 022
114 887

Estimated living cost  is ₽25491 per week

₽18011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1721
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.
₽5348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80260
₽63803
₽84273
₽87912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 388
pensions
-
-
-
9 801
total
-
-
-
82 189
Employee
89 897
-
200 339
-
pensions
8 673
-
11 596
-
income
16 205
-
58 740
-
health
1 481
-
2 662
-
total
26 359
-
72 998
-
Employer
89 897
-
200 339
-
health
1 707
-
3 806
-
pensions
10 614
-
25 855
-
total
12 321
-
29 661
-
Corporate
127 781
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.

24 279
43 700
-
-
total
24 279
43 700
-
-
Dividends
103 502
186 300
-
-
withholding
15 591
42 502
-
-
total
15 591
42 502
-
-
Income
230 000
230 000
230 000
230 000
Total tax
78 550
86 202
102 659
82 189
After tax
151 450
143 798
127 341
147 811
Living cost
63 538
63 538
63 538
63 538
Free-cash
87 912
80 260
63 803
84 273

Estimated living cost  is ₽63538 per week

₽47611
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7947
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽184103
₽183708
₽174028
₽179658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
134
health
-
-
-
3 844
pensions

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

-
-
-
4 947
total
-
-
-
43 425
Employee
16 614
-
223 442
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 459
-
2 935
-
income
1 661
-
22 344
-
health
764
-
1 538
-
total
4 067
-
27 185
-
Employer
16 614
-
223 442
-
health
1 147
-
2 307
-
pensions

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

1 831
-
3 684
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
unemployment
99
-
201
-
total
3 260
-
6 560
-
Corporate
210 126
230 000
-
-
income
21 013
23 000
-
-
total
21 013
23 000
-
-
Dividends
189 113
207 000
-
-
withholding
9 455
10 350
-
-
total
9 455
10 350
-
-
Income
230 000
230 000
230 000
230 000
Total tax
37 795
33 350
33 745
43 425
After tax
192 205
196 650
196 255
186 575
Living cost
12 547
12 547
12 547
12 547
Free-cash
179 658
184 103
183 708
174 028

Estimated living cost  is ₽12547 per week

₽7325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽332
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61738
₽94020
₽69652
₽64146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
84 293
health
-
-
-
11 797
pensions
-
-
-
11 209
total
-
-
-
107 299
Employee
88 695
81 696
212 221
-
pensions
11 209
11 209
11 209
-
income

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

13 372
13 372
42 145
-
health
11 065
10 666
11 797
-
total
35 646
35 247
65 151
-
Employer
88 695
81 696
212 221
-
health
6 163
5 679
7 057
-
pensions
6 173
5 686
7 068
-
unemployment
3 193
2 941
3 655
-
total
15 529
14 306
17 780
-
Corporate
125 775
133 998
-
-
income
25 155
26 800
-
-
total
25 155
26 800
-
-
Dividends
100 620
107 198
-
-
income
21 381
22 780
-
-
withholding
15 094
16 080
-
-
total
36 475
38 860
-
-
Income
230 000
230 000
230 000
230 000
Total tax
112 805
115 213
82 931
107 299
After tax
117 195
114 787
147 069
122 701
Living cost
53 049
53 049
53 049
53 049
Free-cash
64 146
61 738
94 020
69 652

Estimated living cost  is ₽53049 per week

₽39132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134564
₽102697
₽112894
₽126077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 707
social contributions
-
-
-
34 235
solidarity contribution
-
-
-
3 323
health
-
-
-
31 050
total
-
-
-
93 315
Employee
34 987
-
184 119
-
solidarity contribution
-
-
2 408
-
social contributions
2 274
-
7 621
-
income
4 198
-
22 746
-
health
4 723
-
24 856
-
total
11 195
-
57 631
-
Employer
34 987
-
184 119
-
health
3 149
-
16 571
-
social contributions
8 747
-
29 310
-
total
11 896
-
45 881
-
Corporate
183 117
230 000
-
-
income
34 792
43 700
-
-
total
34 792
43 700
-
-
Dividends
148 325
186 300
-
-
withholding
22 249
27 945
-
-
total
22 249
27 945
-
-
Income
230 000
230 000
230 000
230 000
Total tax
80 132
71 645
103 512
93 315
After tax
149 868
158 355
126 488
136 685
Living cost
23 791
23 791
23 791
23 791
Free-cash
126 077
134 564
102 697
112 894

Estimated living cost  is ₽23791 per week

₽16526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82348
₽63294
₽71403
₽77353
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 881
regional
-
-
-
2 978
municipal
-
-
-
1 458
national
-
-
-
65 912
total
-
-
-
118 229
Employee
85 023
-
230 000
-
municipal
450
-
1 338
-
national
14 732
-
59 507
-
regional
802
-
2 720
-
social contributions
28 670
-
62 773
-
total
44 654
-
126 338
-
Employer
85 023
-
230 000
-
total
-
-
-
-
Corporate
144 977
230 000
-
-
municipal
5 653
8 970
-
-
nationa
34 795
55 199
-
-
total
40 448
64 169
-
-
Dividends
104 528
165 831
-
-
withholding
27 177
43 115
-
-
total
27 177
43 115
-
-
Income
230 000
230 000
230 000
230 000
Total tax
112 279
107 284
126 338
118 229
After tax
117 721
122 716
103 662
111 771
Living cost
40 368
40 368
40 368
40 368
Free-cash
77 353
82 348
63 294
71 403

Estimated living cost  is ₽40368 per week

₽28140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123558
₽81066
₽86915
₽120581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 398
other
-
-
-
-
surtax
-
-
-
12 757
unemployment
-
-
-
218
health
-
-
-
9 065
pensions
-
-
-
25 536
total
-
-
-
121 974
Employee
31 637
-
203 124
-
other
-
-
-
-
unemployment
2 202
-
8 887
-
pensions
2 110
-
8 516
-
surtax
103
-
11 614
-
income
5 303
-
68 675
-
health
808
-
3 255
-
total
10 526
-
100 947
-
Employer
31 637
-
203 124
-
health
1 440
-
5 809
-
pensions
4 217
-
17 020
-
unemployment
1 002
-
4 047
-
other
-
-
-
-
total
6 659
-
26 876
-
Corporate
191 704
230 000
-
-
income
49 844
59 800
-
-
total
49 844
59 800
-
-
Dividends
141 861
170 200
-
-
withholding
21 279
25 531
-
-
total
21 279
25 531
-
-
Income
230 000
230 000
230 000
230 000
Total tax
88 308
85 331
127 823
121 974
After tax
141 692
144 669
102 177
108 026
Living cost
21 110
21 110
21 110
21 110
Free-cash
120 581
123 558
81 066
86 915

Estimated living cost  is ₽21110 per week

₽12908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100390
₽83933
₽104403
₽106666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 388
pensions
-
-
-
9 801
total
-
-
-
82 189
Employee
60 247
-
200 339
-
pensions
5 114
-
11 596
-
income
10 851
-
58 740
-
health
875
-
2 662
-
total
16 840
-
72 998
-
Employer
60 247
-
200 339
-
health
1 144
-
3 806
-
pensions
6 522
-
25 855
-
total
7 666
-
29 661
-
Corporate
162 087
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.

30 797
43 700
-
-
total
30 797
43 700
-
-
Dividends
131 290
186 300
-
-
withholding
24 623
42 502
-
-
total
24 623
42 502
-
-
Income
230 000
230 000
230 000
230 000
Total tax
79 926
86 202
102 659
82 189
After tax
150 074
143 798
127 341
147 811
Living cost
43 408
43 408
43 408
43 408
Free-cash
106 666
100 390
83 933
104 403

Estimated living cost  is ₽43408 per week

₽32521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3254
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28658
₽97469
₽105634
₽61396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 021
health
-
-
-
517
city
-
-
-
2 425
national
-
-
-
6 127
pensions
-
-
-
21 161
total
-
-
-
47 851
Employee
89 542
-
207 145
-
unemployment
-
-
-
-
pensions
7 523
-
15 969
-
national
424
-
5 115
-
regional
2 932
-
11 646
-
city
961
-
2 242
-
health
202
-
466
-
total
12 042
-
35 438
-
Employer
89 542
-
207 145
-
health
202
-
466
-
pensions
7 523
-
15 969
-
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.

1 790
-
4 143
-
total
9 515
-
20 578
-
Corporate
129 958
230 000
-
-
regional
27 487
48 644
-
-
national
11 046
19 550
-
-
total
38 533
68 194
-
-
Dividends
91 425
161 806
-
-
withholding
31 999
56 633
-
-
total
31 999
56 633
-
-
Income
230 000
230 000
230 000
230 000
Total tax
92 089
124 827
56 016
47 851
After tax
137 911
105 173
173 984
182 149
Living cost
76 515
76 515
76 515
76 515
Free-cash
61 396
28 658
97 469
105 634

Estimated living cost  is ₽76515 per week

₽49756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽939
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽69713
₽97440
₽65624
₽85222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 914
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.

-
-
-
4 284
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.

-
-
-
6 536
trade
-
-
-
31 816
total
-
-
-
120 550
Employee

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

57 494
-
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.

372
-
4 284
-
income

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

6 761
-
77 914
-
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.

6 536
-
6 536
-
total
13 669
-
88 734
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 506
230 000
-
-
income
25 876
34 499
-
-
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.

1 423
1 897
-
-
chamber of commerce
389
468
-
-
trade
29 585
39 445
-
-
total
57 273
76 309
-
-
Dividends
115 233
153 691
-
-
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.

1 565
2 093
-
-
withholding
28 445
38 059
-
-
total
30 010
40 152
-
-
Income
230 000
230 000
230 000
230 000
Total tax
100 952
116 461
88 734
120 550
After tax
129 048
113 539
141 266
109 450
Living cost
43 826
43 826
43 826
43 826
Free-cash
85 222
69 713
97 440
65 624

Estimated living cost  is ₽43826 per week

₽32008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3506
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.
₽7743
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83189
₽84175
₽91850
₽88842
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 943
other
-
-
-
7 129
surtax
-
-
-
-
social contributions
-
-
-
6 552
health
-
-
-
11 644
pensions
-
-
-
35 151
total
-
-
-
105 419
Employee
40 944
-
174 790
-
pensions
4 629
-
13 487
-
surtax
-
-
-
-
social contributions
1 167
-
4 980
-
income
2 416
-
39 420
-
total
8 212
-
57 887
-
Employer
40 944
-
174 790
-
health
2 867
-
17 751
-
pensions
6 726
-
22 467
-
unemployment
1 658
-
7 078
-
social contributions
123
-
525
-
other
1 412
-
7 386
-
total
12 786
-
55 207
-
Corporate
176 270
230 000
-
-
income
49 355
64 400
-
-
surtax
-
-
-
-
total
49 355
64 400
-
-
Dividends
126 914
165 600
-
-
surtax
-
-
-
-
social contributions
21 829
28 483
-
-
withholding
16 245
21 197
-
-
total
38 074
49 680
-
-
Income
230 000
230 000
230 000
230 000
Total tax
108 427
114 080
113 094
105 419
After tax
121 573
115 920
116 906
124 581
Living cost
32 731
32 731
32 731
32 731
Free-cash
88 842
83 189
84 175
91 850

Estimated living cost  is ₽32731 per week

₽20638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽86432
₽87418
₽95093
₽91745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 943
other
-
-
-
7 129
surtax
-
-
-
-
social contributions
-
-
-
6 552
health
-
-
-
11 644
pensions
-
-
-
35 151
total
-
-
-
105 419
Employee
36 548
-
174 790
-
pensions
4 134
-
13 487
-
surtax
-
-
-
-
social contributions
1 042
-
4 980
-
income
1 884
-
39 420
-
total
7 060
-
57 887
-
Employer
36 548
-
174 790
-
health
2 558
-
17 751
-
pensions
6 006
-
22 467
-
unemployment
1 480
-
7 078
-
social contributions
109
-
525
-
other
1 262
-
7 386
-
total
11 415
-
55 207
-
Corporate
182 038
230 000
-
-
income
50 971
64 400
-
-
surtax
-
-
-
-
total
50 971
64 400
-
-
Dividends
131 067
165 600
-
-
surtax
-
-
-
-
social contributions
22 544
28 483
-
-
withholding
16 777
21 197
-
-
total
39 321
49 680
-
-
Income
230 000
230 000
230 000
230 000
Total tax
108 767
114 080
113 094
105 419
After tax
121 233
115 920
116 906
124 581
Living cost
29 488
29 488
29 488
29 488
Free-cash
91 745
86 432
87 418
95 093

Estimated living cost  is ₽29488 per week

₽17102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120035
₽120871
₽127421
₽120532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 499
social contributions
-
-
-
31 740
health
-
-
-
16 054
total
-
-
-
82 293
Employee
32 437
-
230 000
-
social contributions
4 477
-
31 740
-
income
5 410
-
41 049
-
health
2 264
-
16 054
-
total
12 151
-
88 843
-
Employer
32 437
-
230 000
-
total
-
-
-
-
Corporate
197 563
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%.

9 878
11 499
-
-
total
9 878
11 499
-
-
Dividends
187 685
218 501
-
-
social contributions
25 901
30 153
-
-
withholding
28 152
32 775
-
-
health
13 100
15 252
-
-
total
67 153
78 180
-
-
Income
230 000
230 000
230 000
230 000
Total tax
89 182
89 679
88 843
82 293
After tax
140 818
140 321
141 157
147 707
Living cost
20 286
20 286
20 286
20 286
Free-cash
120 532
120 035
120 871
127 421

Estimated living cost  is ₽20286 per week

₽13576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92962
₽26272
₽83876
₽91483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 213
surtax
-
-
-
189
unemployment
-
-
-
5 868
chamber of commerce
-
-
-
920
health
-
-
-
8 549
pensions
-
-
-
20 676
total
-
-
-
112 415
Employee
47 810
38 125
191 803
-
other
477
381
1 118
-
unemployment
1 434
1 144
3 353
-
pensions
4 896
3 903
11 445
-
income
5 443
2 812
64 540
-
health
1 850
1 476
4 324
-
total
14 100
9 716
84 780
-
Employer
47 810
38 125
191 803
-
chamber of commerce
191
152
768
-
health
1 806
1 441
4 225
-
pensions
6 000
4 786
14 026
-
accident
621
496
1 452
-
unemployment
1 434
1 144
3 353
-
surtax
189
189
189
-
payroll
1 434
1 144
5 753
-
other
2 271
1 810
8 429
-
total
13 946
11 162
38 195
-
Corporate
168 243
180 714
188 174
-
income

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

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

42 061
45 178
47 044
-
total
42 061
45 178
47 044
-
Dividends
126 183
135 536
-
-
withholding
34 701
37 273
-
-
total
34 701
37 273
-
-
Income
230 000
230 000
230 000
230 000
Total tax
104 808
103 329
170 019
112 415
After tax
125 192
126 671
59 981
117 585
Living cost
33 709
33 709
33 709
33 709
Free-cash
91 483
92 962
26 272
83 876

Estimated living cost  is ₽33709 per week

₽22483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90510
₽42662
₽65229
₽79275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
12 369
social contributions
-
-
-
23 851
national
-
-
-
93 669
total
-
-
-
129 889
Employee

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

68 431
-
178 141
-
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.

595
-
1 550
-
communal

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

3 569
-
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.

5 132
-
13 360
-
national
21 039
-
68 024
-
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.

3 215
-
8 371
-
total
33 550
-
100 597
-
Employer

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

68 431
-
178 141
-
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.

4 208
-
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.

6 064
-
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.

890
-
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.

999
-
2 602
-
surtax
7 759
-
20 202
-
total
19 920
-
51 859
-
Corporate
141 649
230 000
-
-
income
28 330
50 361
-
-
surtax
566
1 008
-
-
total
28 896
51 369
-
-
Dividends
112 753
178 631
-
-
withholding

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

33 477
53 240
-
-
total
33 477
53 240
-
-
Income
230 000
230 000
230 000
230 000
Total tax
115 843
104 609
152 456
129 889
After tax
114 157
125 391
77 544
100 111
Living cost
34 882
34 882
34 882
34 882
Free-cash
79 275
90 510
42 662
65 229

Estimated living cost  is ₽34882 per week

₽22468
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3050
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118020
₽89825
₽93839
₽111465
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
799
income
-
-
-
75 010
other
-
-
-
89
unemployment
-
-
-
621
pensions
-
-
-
25 093
total
-
-
-
101 612
Employee
47 621
-
201 731
-
other
47
-
89
-
unemployment
739
-
1 374
-
pensions
2 238
-
4 168
-
income
10 048
-
71 726
-
total
13 072
-
77 357
-
Employer
47 621
-
201 731
-
pensions
11 238
-
20 927
-
accident
942
-
1 756
-
unemployment
2 620
-
4 876
-
other
379
-
710
-
total
15 179
-
28 269
-
Corporate
167 200
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.

25 081
34 499
-
-
total
25 081
34 499
-
-
Dividends
142 120
195 501
-
-
withholding
30 654
42 932
-
-
total
30 654
42 932
-
-
Income
230 000
230 000
230 000
230 000
Total tax
83 986
77 431
105 626
101 612
After tax
146 014
152 569
124 374
128 388
Living cost
34 549
34 549
34 549
34 549
Free-cash
111 465
118 020
89 825
93 839

Estimated living cost  is ₽34549 per week

₽25442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2451
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76966
₽64012
₽55154
₽63812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 536
accident
-
-
-
1 917
income
-
-
-
44 885
surtax
-
-
-
11 443
health
-
-
-
15 982
pensions
-
-
-
34 094
total
-
-
-
122 857
Employee
72 448
-
205 449
-
pensions
5 795
-
16 435
-
surtax
4 441
-
12 590
-
income
6 998
-
51 281
-
health
3 224
-
9 143
-
total
20 458
-
89 449
-
Employer
72 448
-
205 449
-
health
2 209
-
6 267
-
pensions
5 795
-
16 435
-
accident
652
-
1 848
-
total
8 656
-
24 550
-
Corporate
148 896
230 000
-
-
communal
10 050
15 526
-
-
income
22 334
34 499
-
-
surtax
1 563
2 415
-
-
total
33 947
52 440
-
-
Dividends
114 949
177 560
-
-
income
33 897
21 970
-
-
withholding
17 241
26 635
-
-
total
51 138
48 605
-
-
Income
230 000
230 000
230 000
230 000
Total tax
114 199
101 045
113 999
122 857
After tax
115 801
128 955
116 001
107 143
Living cost
51 989
51 989
51 989
51 989
Free-cash
63 812
76 966
64 012
55 154

Estimated living cost  is ₽51989 per week

₽39000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123181
₽80689
₽86538
₽120140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 398
other
-
-
-
-
surtax
-
-
-
12 757
unemployment
-
-
-
218
health
-
-
-
9 065
pensions
-
-
-
25 536
total
-
-
-
121 974
Employee
32 217
-
203 124
-
other
-
-
-
-
unemployment
2 242
-
8 887
-
pensions
2 150
-
8 516
-
surtax
114
-
11 614
-
income
5 401
-
68 675
-
health
822
-
3 255
-
total
10 729
-
100 947
-
Employer
32 217
-
203 124
-
health
1 465
-
5 809
-
pensions
4 295
-
17 020
-
unemployment
1 022
-
4 047
-
other
-
-
-
-
total
6 782
-
26 876
-
Corporate
191 000
230 000
-
-
income
49 660
59 800
-
-
total
49 660
59 800
-
-
Dividends
141 340
170 200
-
-
withholding
21 201
25 531
-
-
total
21 201
25 531
-
-
Income
230 000
230 000
230 000
230 000
Total tax
88 372
85 331
127 823
121 974
After tax
141 628
144 669
102 177
108 026
Living cost
21 488
21 488
21 488
21 488
Free-cash
120 140
123 181
80 689
86 538

Estimated living cost  is ₽21488 per week

₽12973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95124
₽77217
₽85281
₽92999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 881
regional
-
-
-
3 697
municipal
-
-
-
1 458
national
-
-
-
65 912
total
-
-
-
118 948
Employee
53 068
-
230 000
-
municipal
281
-
1 338
-
national
8 407
-
59 507
-
regional
714
-
3 394
-
social contributions
17 895
-
62 773
-
total
27 297
-
127 012
-
Employer
53 068
-
230 000
-
total
-
-
-
-
Corporate
176 932
230 000
-
-
municipal
8 794
11 430
-
-
nationa
42 464
55 199
-
-
total
51 258
66 629
-
-
Dividends
125 674
163 371
-
-
withholding
32 675
42 476
-
-
total
32 675
42 476
-
-
Income
230 000
230 000
230 000
230 000
Total tax
111 230
109 105
127 012
118 948
After tax
118 770
120 895
102 988
111 052
Living cost
25 771
25 771
25 771
25 771
Free-cash
92 999
95 124
77 217
85 281

Estimated living cost  is ₽25771 per week

₽16027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6692
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129038
₽97171
₽107368
₽118580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 707
social contributions
-
-
-
34 235
solidarity contribution
-
-
-
3 323
health
-
-
-
31 050
total
-
-
-
93 315
Employee
43 113
-
184 119
-
solidarity contribution
-
-
2 408
-
social contributions
2 802
-
7 621
-
income
5 174
-
22 746
-
health
5 820
-
24 856
-
total
13 796
-
57 631
-
Employer
43 113
-
184 119
-
health
3 880
-
16 571
-
social contributions
10 778
-
29 310
-
total
14 658
-
45 881
-
Corporate
172 228
230 000
-
-
income
32 723
43 700
-
-
total
32 723
43 700
-
-
Dividends
139 505
186 300
-
-
withholding
20 926
27 945
-
-
total
20 926
27 945
-
-
Income
230 000
230 000
230 000
230 000
Total tax
82 103
71 645
103 512
93 315
After tax
147 897
158 355
126 488
136 685
Living cost
29 317
29 317
29 317
29 317
Free-cash
118 580
129 038
97 171
107 368

Estimated living cost  is ₽29317 per week

₽21802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96254
₽29503
₽87253
₽95780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 213
surtax
-
-
-
-
unemployment
-
-
-
5 868
chamber of commerce
-
-
-
920
health
-
-
-
8 549
pensions
-
-
-
20 676
total
-
-
-
112 226
Employee
41 819
38 125
191 981
-
other
418
381
1 118
-
unemployment
1 254
1 144
3 353
-
pensions
4 283
3 903
11 445
-
income
3 725
2 812
64 629
-
health
1 618
1 476
4 324
-
total
11 298
9 716
84 869
-
Employer
41 819
38 125
191 981
-
chamber of commerce
167
152
768
-
health
1 581
1 441
4 225
-
pensions
5 249
4 786
14 026
-
accident
543
496
1 452
-
unemployment
1 254
1 144
3 353
-
surtax
-
-
-
-
payroll
1 254
1 144
5 759
-
other
1 986
1 810
8 436
-
total
12 034
10 973
38 019
-
Corporate
176 146
180 903
188 350
-
income

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

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

44 036
45 225
47 088
-
total
44 036
45 225
47 088
-
Dividends
132 111
135 678
-
-
withholding
36 331
37 311
-
-
total
36 331
37 311
-
-
Income
230 000
230 000
230 000
230 000
Total tax
103 699
103 225
169 976
112 226
After tax
126 301
126 775
60 024
117 774
Living cost
30 521
30 521
30 521
30 521
Free-cash
95 780
96 254
29 503
87 253

Estimated living cost  is ₽30521 per week

₽18309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3117
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.
₽8551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽206234
₽171734
₽215434
₽203934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 333
-
230 000
-
income
3 067
-
46 000
-
total
3 067
-
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%.

214 667
230 000
-
-
total
-
-
-
-
Dividends
214 667
230 000
-
-
withholding
10 733
11 500
-
-
total
10 733
11 500
-
-
Income
230 000
230 000
230 000
230 000
Total tax
13 800
11 500
46 000
2 300
After tax
216 200
218 500
184 000
227 700
Living cost
12 266
12 266
12 266
12 266
Free-cash
203 934
206 234
171 734
215 434

Estimated living cost  is ₽12266 per week

₽8301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽515
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132695
₽74567
₽79560
₽124695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
59 799
unemployment
-
-
-
345
health
-
-
-
22 632
pensions
-
-
-
42 004
total
-
-
-
124 780
Employee

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

42 304
-
199 014
-
unemployment
60
-
278
-
pensions
6 557
-
30 847
-
income
7 295
-
54 804
-
health
2 732
-
12 857
-
total
16 644
-
98 786
-
Employer

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

42 304
-
199 014
-
health
2 818
-
13 255
-
pensions
3 743
-
17 612
-
unemployment
25
-
120
-
total
6 586
-
30 987
-
Corporate
181 109
230 000
-
-
income
34 410
43 700
-
-
total
34 410
43 700
-
-
Dividends
146 699
186 300
-
-
withholding
22 005
27 945
-
-
total
22 005
27 945
-
-
Income
230 000
230 000
230 000
230 000
Total tax
79 645
71 645
129 773
124 780
After tax
150 355
158 355
100 227
105 220
Living cost
25 660
25 660
25 660
25 660
Free-cash
124 695
132 695
74 567
79 560

Estimated living cost  is ₽25660 per week

₽17610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98353
₽175744
₽117369
₽52517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
59 619
-
-
-
social contributions
4 889
-
697
-
income
13 151
-
-
-
total
18 040
-
697
-
Employer
59 619
-
-
-
social contributions
84 062
-
11 980
-
total
84 062
-
11 980
-
Corporate
86 319
230 000
-
-
income
18 990
50 600
-
-
total
18 990
50 600
-
-
Dividends
67 329
179 400
-
-
income
14 812
39 468
-
-
total
14 812
39 468
-
-
Income
230 000
230 000
230 000
230 000
Total tax
135 904
90 068
12 677
71 052
After tax
94 096
139 932
217 323
158 948
Living cost
41 579
41 579
41 579
41 579
Free-cash
52 517
98 353
175 744
117 369

Estimated living cost  is ₽41579 per week

₽26978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3911
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.
₽10160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100815
₽70708
₽89222
₽99852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 844
surtax
-
-
-
-
social contributions

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

-
-
-
79 926
total
-
-
-
110 770
Employee
43 999
-
185 859
-
surtax
-
-
505
-
social contributions
4 840
-
20 444
-
income
9 152
-
64 194
-
total
13 992
-
85 143
-
Employer
43 999
-
185 859
-
social contributions
10 450
-
44 141
-
total
10 450
-
44 141
-
Corporate
175 551
230 000
-
-
income
36 865
48 300
-
-
surtax
-
-
-
-
total
36 865
48 300
-
-
Dividends
138 686
181 700
-
-
withholding
38 833
50 877
-
-
total
38 833
50 877
-
-
Income
230 000
230 000
230 000
230 000
Total tax
100 140
99 177
129 284
110 770
After tax
129 860
130 823
100 716
119 230
Living cost
30 008
30 008
30 008
30 008
Free-cash
99 852
100 815
70 708
89 222

Estimated living cost  is ₽30008 per week

₽22452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1770
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.
₽5285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69714
₽70700
₽78375
₽76289
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 943
other
-
-
-
7 129
surtax
-
-
-
-
social contributions
-
-
-
6 552
health
-
-
-
11 644
pensions
-
-
-
35 151
total
-
-
-
105 419
Employee
59 918
-
174 790
-
pensions
6 777
-
13 487
-
surtax
-
-
-
-
social contributions
1 707
-
4 980
-
income
5 228
-
39 420
-
total
13 712
-
57 887
-
Employer
59 918
-
174 790
-
health
4 194
-
17 751
-
pensions
9 845
-
22 467
-
unemployment
2 427
-
7 078
-
social contributions
180
-
525
-
other
2 068
-
7 386
-
total
18 714
-
55 207
-
Corporate
151 368
230 000
-
-
income
42 384
64 400
-
-
surtax
-
-
-
-
total
42 384
64 400
-
-
Dividends
108 984
165 600
-
-
surtax
-
-
-
-
social contributions
18 745
28 483
-
-
withholding
13 950
21 197
-
-
total
32 695
49 680
-
-
Income
230 000
230 000
230 000
230 000
Total tax
107 505
114 080
113 094
105 419
After tax
122 495
115 920
116 906
124 581
Living cost
46 206
46 206
46 206
46 206
Free-cash
76 289
69 714
70 700
78 375

Estimated living cost  is ₽46206 per week

₽31271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178243
₽144624
₽138511
₽175030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 131
social contributions
-
-
-
50 601
total
-
-
-
62 732
Employee
30 756
-
199 133
-
income
-
-
12 810
-
social contributions
1 999
-
12 944
-
total
1 999
-
25 754
-
Employer
30 756
-
199 133
-
social contributions
4 767
-
30 865
-
total
4 767
-
30 865
-
Corporate
194 477
230 000
-
-
income
19 447
23 000
-
-
total
19 447
23 000
-
-
Dividends
175 029
207 000
-
-
total
-
-
-
-
Income
230 000
230 000
230 000
230 000
Total tax
26 213
23 000
56 619
62 732
After tax
203 787
207 000
173 381
167 268
Living cost
28 757
28 757
28 757
28 757
Free-cash
175 030
178 243
144 624
138 511

Estimated living cost  is ₽28757 per week

₽18594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2168
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21765
₽21765
₽86058
₽11816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 334
municipal
-
-
-
49 741
national
-
-
-
29 010
pensions
-
-
-
828
total
-
-
-
97 913
Employee
194 276
194 276
194 276
-
municipal
41 370
41 370
41 370
-
labour market
15 520
15 520
15 520
-
pensions
276
276
276
-
national
23 734
23 734
23 734
-
total
80 900
80 900
80 900
-
Employer
194 276
194 276
194 276
-
national
23 776
23 776
23 776
-
labour market
15 542
15 542
15 542
-
pensions
552
552
552
-
municipal
41 436
41 436
41 436
-
total
81 306
81 306
81 306
-
Corporate
21 766
-
-
-
income
4 788
-
-
-
total
4 788
-
-
-
Dividends
16 977
-
-
-
withholding
5 161
-
-
-
total
5 161
-
-
-
Income
230 000
230 000
230 000
230 000
Total tax
172 155
162 206
162 206
97 913
After tax
57 845
67 794
67 794
132 087
Living cost
46 029
46 029
46 029
46 029
Free-cash
11 816
21 765
21 765
86 058

Estimated living cost  is ₽46029 per week

₽31502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽708
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2428
₽105943
₽135959
₽15401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
accident
-
-
-
245
income
-
-
-
66 217
other
-
-
-
360
health
-
-
-
2 119
pensions
-
-
-
4 042
total
-
-
-
72 983
Employee
33 126
-
210 619
-
pensions
3 730
-
7 412
-
income
4 544
-
52 091
-
health
3 793
-
24 116
-
total
12 067
-
83 619
-
Employer
33 126
-
210 619
-
pensions
5 386
-
10 703
-
accident
553
-
3 517
-
unemployment
812
-
5 160
-
total
6 751
-
19 380
-
Corporate
190 123
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.

171 111
207 000
-
-
total
171 111
207 000
-
-
Dividends
19 012
23 000
-
-
withholding
3 612
4 370
-
-
total
3 612
4 370
-
-
Income
230 000
230 000
230 000
230 000
Total tax
193 541
211 370
102 999
72 983
After tax
36 459
18 630
127 001
157 017
Living cost
21 058
21 058
21 058
21 058
Free-cash
15 401
-2 428
105 943
135 959

Estimated living cost  is ₽21058 per week

₽15328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1200
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽103575
₽76341
₽102684
₽106531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 143
municipal
-
-
-
40 835
national
-
-
-
46 609
total
-
-
-
90 587
Employee
50 332
-
193 487
-
municipal
8 244
-
31 489
-
unemployment
755
-
2 903
-
pensions
3 397
-
13 060
-
national
831
-
30 386
-
health
376
-
2 580
-
total
13 603
-
80 418
-
Employer
50 332
-
193 487
-
health
387
-
1 490
-
pensions
8 732
-
33 570
-
accident
51
-
194
-
unemployment
327
-
1 258
-
total
9 497
-
36 512
-
Corporate
170 171
230 000
-
-
income
34 034
46 000
-
-
total
34 034
46 000
-
-
Dividends

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

102 102
138 000
-
-
municipal
18 378
24 839
-
-
national
11 228
18 857
-
-
total
29 606
43 696
-
-
Income
230 000
230 000
230 000
230 000
Total tax
86 740
89 696
116 930
90 587
After tax
143 260
140 304
113 070
139 413
Living cost
36 729
36 729
36 729
36 729
Free-cash
106 531
103 575
76 341
102 684

Estimated living cost  is ₽36729 per week

₽23991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3533
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.
₽8622
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145436
₽130118
₽131976
₽140230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 529
social contributions
-
-
-
15 479
health
-
-
-
5 866
total
-
-
-
75 874
Employee
73 563
73 563
217 737
-
social contributions
2 781
6 105
8 235
-
income
8 010
6 810
53 531
-
health
570
1 251
3 702
-
total
11 361
14 166
65 468
-
Employer
73 563
73 563
217 737
-
health
619
1 362
4 029
-
social contributions
2 781
6 105
8 235
-
total
3 400
7 467
12 264
-
Corporate
193 089
148 970
-
-
income
24 137
18 621
-
-
total
24 137
18 621
-
-
Dividends
168 952
130 348
-
-
withholding
28 722
22 160
-
-
total
28 722
22 160
-
-
Income
230 000
230 000
230 000
230 000
Total tax
67 620
62 414
77 732
75 874
After tax
162 380
167 586
152 268
154 126
Living cost
22 150
22 150
22 150
22 150
Free-cash
140 230
145 436
130 118
131 976

Estimated living cost  is ₽22150 per week

₽13275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175274
₽162138
₽181329
₽170409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 908
unemployment
-
-
-
27
health
-
-
-
3 462
pensions
-
-
-
6 085
total
-
-
-
33 482
Employee

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

21 959
-
220 650
-
unemployment
109
-
454
-
pensions
3 293
-
13 616
-
income
1 501
-
21 537
-
health
1 866
-
7 716
-
total
6 769
-
43 323
-
Employer

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

21 959
-
220 650
-
health
944
-
3 903
-
pensions
1 207
-
4 993
-
unemployment
109
-
454
-
total
2 260
-
9 350
-
Corporate
205 781
230 000
-
-
income
18 520
20 700
-
-
total
18 520
20 700
-
-
Dividends
187 261
209 300
-
-
withholding
16 853
18 837
-
-
total
16 853
18 837
-
-
Income
230 000
230 000
230 000
230 000
Total tax
44 402
39 537
52 673
33 482
After tax
185 598
190 463
177 327
196 518
Living cost
15 189
15 189
15 189
15 189
Free-cash
170 409
175 274
162 138
181 329

Estimated living cost  is ₽15189 per week

₽9691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1095
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126262
₽98067
₽102081
₽122037
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
799
income
-
-
-
75 010
other
-
-
-
89
unemployment
-
-
-
621
pensions
-
-
-
25 093
total
-
-
-
101 612
Employee
35 374
-
201 731
-
other
34
-
89
-
unemployment
548
-
1 374
-
pensions
1 663
-
4 168
-
income
6 820
-
71 726
-
total
9 065
-
77 357
-
Employer
35 374
-
201 731
-
pensions
8 348
-
20 927
-
accident
701
-
1 756
-
unemployment
1 946
-
4 876
-
other
283
-
710
-
total
11 278
-
28 269
-
Corporate
183 349
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.

27 502
34 499
-
-
total
27 502
34 499
-
-
Dividends
155 846
195 501
-
-
withholding
33 811
42 932
-
-
total
33 811
42 932
-
-
Income
230 000
230 000
230 000
230 000
Total tax
81 656
77 431
105 626
101 612
After tax
148 344
152 569
124 374
128 388
Living cost
26 307
26 307
26 307
26 307
Free-cash
122 037
126 262
98 067
102 081

Estimated living cost  is ₽26307 per week

₽17757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2529
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.
₽5561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141653
₽146404
₽146536
₽141348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 247
health
-
-
-
988
pensions
-
-
-
1 362
total
-
-
-
81 597
Employee
2 844
-
228 468
-
unemployment
28
-
68
-
pensions
256
-
613
-
income
550
-
79 175
-
health
142
-
341
-
total
976
-
80 197
-
Employer
2 844
-
228 468
-
health
270
-
647
-
pensions
313
-
749
-
unemployment
57
-
136
-
total
640
-
1 532
-
Corporate
226 516
230 000
-
-
income
49 833
50 600
-
-
total
49 833
50 600
-
-
Dividends
176 682
179 400
-
-
withholding
35 336
35 880
-
-
total
35 336
35 880
-
-
Income
230 000
230 000
230 000
230 000
Total tax
86 785
86 480
81 729
81 597
After tax
143 215
143 520
148 271
148 403
Living cost
1 867
1 867
1 867
1 867
Free-cash
141 348
141 653
146 404
146 536

Estimated living cost  is ₽1867 per week

₽1110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149630
₽133225
₽133224
₽144922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 504
unemployment
-
-
-
1 061
health
-
-
-
7 283
pensions
-
-
-
18 383
total
-
-
-
80 231
Employee

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

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

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

24 949
-
217 344
-
unemployment
187
-
530
-
pensions
3 493
-
9 899
-
income
3 439
-
53 504
-
health
1 285
-
3 641
-
total
8 404
-
67 574
-
Employer

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

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

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

24 949
-
217 344
-
health
1 285
-
3 641
-
pensions
2 994
-
8 485
-
unemployment
187
-
530
-
total
4 466
-
12 656
-
Corporate
200 585
230 000
-
-
income
30 088
34 500
-
-
total
30 088
34 500
-
-
Dividends
170 497
195 500
-
-
withholding
25 575
29 325
-
-
total
25 575
29 325
-
-
Income
230 000
230 000
230 000
230 000
Total tax
68 533
63 825
80 230
80 231
After tax
161 467
166 175
149 770
149 769
Living cost
16 545
16 545
16 545
16 545
Free-cash
144 922
149 630
133 225
133 224

Estimated living cost  is ₽16545 per week

₽11140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1280
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3647
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105032
₽74925
₽93439
₽104688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 844
surtax
-
-
-
-
social contributions

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

-
-
-
79 926
total
-
-
-
110 770
Employee
37 131
-
185 859
-
surtax
-
-
505
-
social contributions
4 085
-
20 444
-
income
7 255
-
64 194
-
total
11 340
-
85 143
-
Employer
37 131
-
185 859
-
social contributions
8 818
-
44 141
-
total
8 818
-
44 141
-
Corporate
184 052
230 000
-
-
income
38 651
48 300
-
-
surtax
-
-
-
-
total
38 651
48 300
-
-
Dividends
145 401
181 700
-
-
withholding
40 712
50 877
-
-
total
40 712
50 877
-
-
Income
230 000
230 000
230 000
230 000
Total tax
99 521
99 177
129 284
110 770
After tax
130 479
130 823
100 716
119 230
Living cost
25 791
25 791
25 791
25 791
Free-cash
104 688
105 032
74 925
93 439

Estimated living cost  is ₽25791 per week

₽18267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽118947
₽90752
₽94766
₽112687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
799
income
-
-
-
75 010
other
-
-
-
89
unemployment
-
-
-
621
pensions
-
-
-
25 093
total
-
-
-
101 612
Employee
46 203
-
201 731
-
other
45
-
89
-
unemployment
715
-
1 374
-
pensions
2 171
-
4 168
-
income
9 650
-
71 726
-
total
12 581
-
77 357
-
Employer
46 203
-
201 731
-
pensions
10 904
-
20 927
-
accident
915
-
1 756
-
unemployment
2 542
-
4 876
-
other
370
-
710
-
total
14 731
-
28 269
-
Corporate
169 067
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.

25 360
34 499
-
-
total
25 360
34 499
-
-
Dividends
143 706
195 501
-
-
withholding
31 019
42 932
-
-
total
31 019
42 932
-
-
Income
230 000
230 000
230 000
230 000
Total tax
83 691
77 431
105 626
101 612
After tax
146 309
152 569
124 374
128 388
Living cost
33 622
33 622
33 622
33 622
Free-cash
112 687
118 947
90 752
94 766

Estimated living cost  is ₽33622 per week

₽24146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽180188
₽179793
₽170113
₽174354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
134
health
-
-
-
3 844
pensions

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

-
-
-
4 947
total
-
-
-
43 425
Employee
21 799
-
223 442
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

1 914
-
2 935
-
income
2 180
-
22 344
-
health
1 003
-
1 538
-
total
5 337
-
27 185
-
Employer
21 799
-
223 442
-
health
1 504
-
2 307
-
pensions

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

2 402
-
3 684
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
unemployment
131
-
201
-
total
4 277
-
6 560
-
Corporate
203 924
230 000
-
-
income
20 393
23 000
-
-
total
20 393
23 000
-
-
Dividends
183 532
207 000
-
-
withholding
9 177
10 350
-
-
total
9 177
10 350
-
-
Income
230 000
230 000
230 000
230 000
Total tax
39 184
33 350
33 745
43 425
After tax
190 816
196 650
196 255
186 575
Living cost
16 462
16 462
16 462
16 462
Free-cash
174 354
180 188
179 793
170 113

Estimated living cost  is ₽16462 per week

₽10888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81334
₽104332
₽77710
₽93850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
77 914
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.

-
-
-
4 284
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.

-
-
-
6 536
trade
-
-
-
26 622
total
-
-
-
115 356
Employee

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

47 600
-
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.

216
-
4 284
-
income

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

3 914
-
77 914
-
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.

6 536
-
6 536
-
total
10 666
-
88 734
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 400
230 000
-
-
income
27 361
34 499
-
-
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.

1 505
1 897
-
-
chamber of commerce
412
483
-
-
trade
26 174
33 005
-
-
total
55 452
69 884
-
-
Dividends
126 948
160 116
-
-
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.

1 725
2 182
-
-
withholding
31 373
39 666
-
-
total
33 098
41 848
-
-
Income
230 000
230 000
230 000
230 000
Total tax
99 216
111 732
88 734
115 356
After tax
130 784
118 268
141 266
114 644
Living cost
36 934
36 934
36 934
36 934
Free-cash
93 850
81 334
104 332
77 710

Estimated living cost  is ₽36934 per week

₽25478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106503
₽59519
₽59519
₽108616
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 188
social contributions
-
-
-
39 797
total
-
-
-
115 985
Employee
74 833
-
230 000
-
income
14 121
-
76 188
-
social contributions
6 217
-
39 797
-
total
20 338
-
115 985
-
Employer
74 833
-
230 000
-
total
-
-
-
-
Corporate
155 167
230 000
-
-
income
19 396
28 750
-
-
total
19 396
28 750
-
-
Dividends
135 771
201 250
-
-
withholding
27 154
40 251
-
-
total
27 154
40 251
-
-
Income
230 000
230 000
230 000
230 000
Total tax
66 888
69 001
115 985
115 985
After tax
163 112
160 999
114 015
114 015
Living cost
54 496
54 496
54 496
54 496
Free-cash
108 616
106 503
59 519
59 519

Estimated living cost  is ₽54496 per week

₽41460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109720
₽125056
₽154886
₽113062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 499
health

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

-
-
-
5 888
total
-
-
-
40 387
Employee
43 886
-
225 599
-
income
4 762
-
61 415
-
social contributions
4 397
-
4 401
-
total
9 159
-
65 816
-
Employer
43 886
-
225 599
-
social contributions
4 397
-
4 401
-
total
4 397
-
4 401
-
Corporate
181 717
230 000
-
-
income
63 601
80 499
-
-
total
63 601
80 499
-
-
Dividends
118 115
149 501
-
-
social contributions
5 054
5 054
-
-
total
5 054
5 054
-
-
Income
230 000
230 000
230 000
230 000
Total tax
82 211
85 553
70 217
40 387
After tax
147 789
144 447
159 783
189 613
Living cost
34 727
34 727
34 727
34 727
Free-cash
113 062
109 720
125 056
154 886

Estimated living cost  is ₽34727 per week

₽22875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8582
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108509
₽92052
₽112522
₽114135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 388
pensions
-
-
-
9 801
total
-
-
-
82 189
Employee
48 439
-
200 339
-
pensions
3 697
-
11 596
-
income
8 821
-
58 740
-
health
632
-
2 662
-
total
13 150
-
72 998
-
Employer
48 439
-
200 339
-
health
921
-
3 806
-
pensions
4 894
-
25 855
-
total
5 815
-
29 661
-
Corporate
175 746
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.

33 391
43 700
-
-
total
33 391
43 700
-
-
Dividends
142 355
186 300
-
-
withholding
28 220
42 502
-
-
total
28 220
42 502
-
-
Income
230 000
230 000
230 000
230 000
Total tax
80 576
86 202
102 659
82 189
After tax
149 424
143 798
127 341
147 811
Living cost
35 289
35 289
35 289
35 289
Free-cash
114 135
108 509
92 052
112 522

Estimated living cost  is ₽35289 per week

₽24208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4513
₽103858
₽133874
₽15081
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
66 217
other
-
-
-
360
health
-
-
-
2 119
pensions
-
-
-
4 042
total
-
-
-
72 983
Employee
36 405
-
210 619
-
pensions
4 099
-
7 412
-
income
4 994
-
52 091
-
health
4 168
-
24 116
-
total
13 261
-
83 619
-
Employer
36 405
-
210 619
-
pensions
5 919
-
10 703
-
accident
608
-
3 517
-
unemployment
892
-
5 160
-
total
7 419
-
19 380
-
Corporate
186 176
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.

167 559
207 000
-
-
total
167 559
207 000
-
-
Dividends
18 617
23 000
-
-
withholding
3 537
4 370
-
-
total
3 537
4 370
-
-
Income
230 000
230 000
230 000
230 000
Total tax
191 776
211 370
102 999
72 983
After tax
38 224
18 630
127 001
157 017
Living cost
23 143
23 143
23 143
23 143
Free-cash
15 081
-4 513
103 858
133 874

Estimated living cost  is ₽23143 per week

₽16984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1349
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163044
₽157230
₽136220
₽160155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 855
unemployment
-
-
-
1 834
work injury
-
-
-
764
health insurance
-
-
-
11 307
pensions
-
-
-
28 114
total
-
-
-
80 874
Employee

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

20 649
-
230 000
-
health insurance
1 528
-
5 653
-
unemployment
248
-
917
-
work injury
103
-
382
-
pensions
3 799
-
14 057
-
income
2 065
-
38 855
-
total
7 743
-
59 864
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
209 351
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%.

20 935
23 000
-
-
total
20 935
23 000
-
-
Dividends
188 416
207 000
-
-
withholding
28 262
31 050
-
-
total
28 262
31 050
-
-
Income
230 000
230 000
230 000
230 000
Total tax
56 940
54 050
59 864
80 874
After tax
173 060
175 950
170 136
149 126
Living cost
12 905
12 905
12 905
12 905
Free-cash
160 155
163 044
157 230
136 220

Estimated living cost  is ₽12905 per week

₽7995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83039
₽62854
₽70712
₽78686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 881
regional
-
-
-
5 745
municipal
-
-
-
1 639
national
-
-
-
65 912
total
-
-
-
121 177
Employee
80 615
-
230 000
-
municipal
481
-
1 505
-
national
13 623
-
59 507
-
regional
1 217
-
5 249
-
social contributions
27 183
-
62 773
-
total
42 504
-
129 034
-
Employer
80 615
-
230 000
-
total
-
-
-
-
Corporate
149 385
230 000
-
-
municipal
7 200
11 085
-
-
nationa
35 852
55 199
-
-
total
43 052
66 284
-
-
Dividends
106 333
163 716
-
-
withholding
27 646
42 565
-
-
total
27 646
42 565
-
-
Income
230 000
230 000
230 000
230 000
Total tax
113 202
108 849
129 034
121 177
After tax
116 798
121 151
100 966
108 823
Living cost
38 112
38 112
38 112
38 112
Free-cash
78 686
83 039
62 854
70 712

Estimated living cost  is ₽38112 per week

₽26771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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