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
₽112164
₽86700
₽83000
₽97364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
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.

-
-
-
77 766
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.

-
-
-
4 278
trade
-
-
-
29 164
total
-
-
-
117 795
Employee

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

36 879
-
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.

57
-
4 278
-
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.

1 030
-
77 766
-
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.

6 587
-
6 587
-
total
7 674
-
88 631
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
193 121
230 000
-
-
chamber of commerce
425
478
-
-
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.

1 594
1 897
-
-
trade
30 416
36 225
-
-
income
28 969
34 500
-
-
total
61 404
73 100
-
-
Dividends
131 718
156 900
-
-
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.

1 791
2 137
-
-
withholding
32 562
38 858
-
-
total
34 353
40 995
-
-
Income
230 000
230 000
230 000
230 000
Total tax
103 431
114 095
88 631
117 795
After tax
126 569
115 905
141 369
112 205
Living cost
29 205
29 205
29 205
29 205
Free-cash
97 364
86 700
112 164
83 000

Estimated living cost  is ₽29205 per week

₽18371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3405
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.
₽6884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81045
₽92600
₽79811
₽91753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
27 600
national
-
-
-
43 625
municipal
-
-
-
25 572
total
-
-
-
99 269
Employee
78 935
-
198 833
-
municipal
9 750
-
26 463
-
national
15 108
-
45 575
-
pensions
3 157
-
7 953
-
total
28 015
-
79 991
-
Employer
78 935
-
198 833
-
pensions
6 315
-
15 907
-
social contributions
849
-
2 137
-
total
7 164
-
18 044
-
Corporate
138 692
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%.

27 738
46 000
-
-
total
27 738
46 000
-
-
Dividends
110 954
184 000
-
-
withholding
24 410
40 480
-
-
total
24 410
40 480
-
-
Income
230 000
230 000
230 000
230 000
Total tax
87 327
86 480
98 035
99 269
After tax
142 673
143 520
131 965
130 731
Living cost
50 920
50 920
50 920
50 920
Free-cash
91 753
92 600
81 045
79 811

Estimated living cost  is ₽50920 per week

₽34610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽762
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80629
₽163941
₽64479
₽156030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 943
income
-
-
-
49 870
surtax
-
-
-
58 649
microenterprise
-
-
-
-
total
-
-
-
145 462
Employee
28 174
-
182 267
-
surtax
-
-
26 429
-
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.

3 100
-
12 640
-
income
5 015
-
42 512
-
total
8 115
-
81 581
-
Employer
28 174
-
182 267
-
surtax
-
-
20 049
-
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.

6 787
-
27 682
-
total
6 787
-
47 731
-
Corporate
195 039
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%.

39 009
46 000
-
-
total
39 009
46 000
-
-
Dividends

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

156 030
184 000
-
-
total
-
-
-
-
Income
230 000
230 000
230 000
230 000
Total tax
53 911
46 000
129 312
145 462
After tax
176 089
184 000
100 688
84 538
Living cost
20 059
20 059
20 059
20 059
Free-cash
156 030
163 941
80 629
64 479

Estimated living cost  is ₽20059 per week

₽12797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106681
₽74377
₽82401
₽68469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 890
income
-
-
-
84 020
pensions
-
-
-
11 297
total
-
-
-
107 207
Employee
82 339
82 339
212 081
-
income

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

13 478
13 478
41 822
-
pensions
14 821
11 297
11 297
-
health
12 638
10 750
11 890
-
total
40 937
35 525
65 009
-
Employer
82 339
82 339
212 081
-
unemployment
2 964
2 964
3 683
-
health
5 723
5 723
7 112
-
pensions
5 731
5 731
7 123
-
total
14 418
14 418
17 918
-
Corporate
134 253
133 243
-
-
income
26 850
26 649
-
-
total
26 850
26 649
-
-
Dividends
107 403
106 594
-
-
income
22 823
22 651
-
-
withholding
16 111
15 988
-
-
total
38 934
38 639
-
-
Income
230 000
230 000
230 000
230 000
Total tax
121 139
115 231
82 927
107 207
After tax
108 861
114 769
147 073
122 793
Living cost
40 392
40 392
40 392
40 392
Free-cash
68 469
74 377
106 681
82 401

Estimated living cost  is ₽40392 per week

₽28625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73784
₽85509
₽74756
₽84609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 205
health
-
-
-
5 480
accident
-
-
-
176
pensions
-
-
-
9 494
national
-
-
-
28 731
unemployment
-
-
-
88
municipal
-
-
-
60 999
total
-
-
-
115 173
Employee
57 098
-
202 406
-
municipal
17 027
-
60 358
-
national
-
-
28 193
-
total
17 027
-
88 551
-
Employer
57 098
-
202 406
-
other
6 635
-
10 205
-
unemployment
1 507
-
2 318
-
health
3 512
-
5 401
-
accident
114
-
176
-
pensions
6 172
-
9 494
-
total
17 940
-
27 594
-
Corporate
154 962
230 000
-
-
income
34 092
50 600
-
-
total
34 092
50 600
-
-
Dividends
120 870
179 400
-
-
withholding
36 261
53 820
-
-
total
36 261
53 820
-
-
Income
230 000
230 000
230 000
230 000
Total tax
105 320
104 420
116 145
115 173
After tax
124 680
125 580
113 855
114 827
Living cost
40 071
40 071
40 071
40 071
Free-cash
84 609
85 509
73 784
74 756

Estimated living cost  is ₽40071 per week

₽26558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103491
₽76844
₽73031
₽90390
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
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.

-
-
-
77 766
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.

-
-
-
4 278
trade
-
-
-
30 460
total
-
-
-
119 091
Employee

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

48 897
-
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.

231
-
4 278
-
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.

4 201
-
77 766
-
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.

6 587
-
6 587
-
total
11 019
-
88 631
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 103
230 000
-
-
chamber of commerce
404
474
-
-
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.

1 495
1 897
-
-
trade
29 792
37 836
-
-
income
27 166
34 500
-
-
total
58 857
74 707
-
-
Dividends
122 246
155 293
-
-
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.

1 661
2 115
-
-
withholding
30 195
38 456
-
-
total
31 856
40 571
-
-
Income
230 000
230 000
230 000
230 000
Total tax
101 732
115 278
88 631
119 091
After tax
128 268
114 722
141 369
110 909
Living cost
37 878
37 878
37 878
37 878
Free-cash
90 390
76 844
103 491
73 031

Estimated living cost  is ₽37878 per week

₽25333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121058
₽136318
₽122920
₽132319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 600
health
-
-
-
5 864
income
-
-
-
54 342
total
-
-
-
75 806
Employee
74 142
74 142
217 673
-
social contributions
3 603
6 153
8 300
-
income
7 786
6 863
53 341
-
health
737
1 261
3 700
-
total
12 126
14 277
65 341
-
Employer
74 142
74 142
217 673
-
health
803
1 372
4 027
-
social contributions
3 603
6 153
8 300
-
total
4 406
7 525
12 327
-
Corporate
182 194
148 332
-
-
income
22 775
18 541
-
-
total
22 775
18 541
-
-
Dividends
159 419
129 791
-
-
withholding
27 100
22 065
-
-
total
27 100
22 065
-
-
Income
230 000
230 000
230 000
230 000
Total tax
66 407
62 408
77 668
75 806
After tax
163 593
167 592
152 332
154 194
Living cost
31 274
31 274
31 274
31 274
Free-cash
132 319
136 318
121 058
122 920

Estimated living cost  is ₽31274 per week

₽21379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2443
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115541
₽111289
₽141540
₽111661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
16 100
income
-
-
-
28 118
pensions
-
-
-
23 000
unemployment
-
-
-
3 450
total
-
-
-
70 668
Employee

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

The minimum wage is 138,000 HUF per month.

25 684
10 222
192 469
-
income
3 140
1 250
23 529
-
pensions
2 568
1 022
19 247
-
health
1 798
716
13 473
-
unemployment
385
153
2 887
-
total
7 891
3 141
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.

25 684
10 222
192 469
-
pensions
5 008
1 993
37 531
-
total
5 008
1 993
37 531
-
Corporate
199 308
217 785
-
-
income
17 938
19 601
-
-
total
17 938
19 601
-
-
Dividends
181 370
198 184
-
-
social contributions
35 250
38 529
-
-
withholding
34 460
37 655
-
-
total
69 710
76 184
-
-
Income
230 000
230 000
230 000
230 000
Total tax
100 547
100 919
96 667
70 668
After tax
129 453
129 081
133 333
159 332
Living cost
17 792
17 792
17 792
17 792
Free-cash
111 661
111 289
115 541
141 540

Estimated living cost  is ₽17792 per week

₽12142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽356
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109279
₽160711
₽99991
₽154721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
29 900
income
-
-
-
30 820
pensions
-
-
-
46 000
total
-
-
-
106 720
Employee
27 353
-
171 898
-
income
3 079
-
33 142
-
pensions
547
-
3 438
-
unemployment
437
-
2 750
-
total
4 063
-
39 330
-
Employer
27 353
-
171 898
-
unemployment
220
-
1 376
-
health
3 555
-
22 347
-
pensions
5 471
-
34 379
-
total
9 246
-
58 102
-
Corporate
193 401
230 000
-
-
income
38 681
46 000
-
-
total
38 681
46 000
-
-
Dividends
154 720
184 000
-
-
total
-
-
-
-
Income
230 000
230 000
230 000
230 000
Total tax
51 990
46 000
97 432
106 720
After tax
178 010
184 000
132 568
123 280
Living cost
23 289
23 289
23 289
23 289
Free-cash
154 721
160 711
109 279
99 991

Estimated living cost  is ₽23289 per week

₽15974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1387
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.
₽5460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105528
-₽2820
₽135570
₽15340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
66 190
pensions
-
-
-
4 057
total
-
-
-
72 980
Employee
33 742
-
210 582
-
income
4 629
-
52 053
-
pensions
3 799
-
7 439
-
health
3 864
-
24 112
-
total
12 292
-
83 604
-
Employer
33 742
-
210 582
-
unemployment
827
-
5 159
-
accident
563
-
3 517
-
pensions
5 487
-
10 742
-
total
6 877
-
19 418
-
Corporate
189 381
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.

170 443
207 000
-
-
total
170 443
207 000
-
-
Dividends
18 938
23 000
-
-
withholding
3 598
4 370
-
-
total
3 598
4 370
-
-
Income
230 000
230 000
230 000
230 000
Total tax
193 210
211 370
103 022
72 980
After tax
36 790
18 630
126 978
157 020
Living cost
21 450
21 450
21 450
21 450
Free-cash
15 340
-2 820
105 528
135 570

Estimated living cost  is ₽21450 per week

₽15721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176105
₽210605
₽219805
₽209124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 869
-
230 000
-
income
1 974
-
46 000
-
total
1 974
-
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%.

220 131
230 000
-
-
total
-
-
-
-
Dividends
220 131
230 000
-
-
withholding
11 007
11 500
-
-
total
11 007
11 500
-
-
Income
230 000
230 000
230 000
230 000
Total tax
12 981
11 500
46 000
2 300
After tax
217 019
218 500
184 000
227 700
Living cost
7 895
7 895
7 895
7 895
Free-cash
209 124
210 605
176 105
219 805

Estimated living cost  is ₽7895 per week

₽4893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112563
₽143289
₽114434
₽136779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 964
health
-
-
-
6 452
income
-
-
-
41 268
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.

-
-
-
35 190
total
-
-
-
89 874
Employee
35 009
-
192 684
-
income
6 027
-
40 646
-
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.

2 450
-
10 263
-
health
490
-
2 053
-
unemployment
349
-
1 466
-
total
9 316
-
54 428
-
Employer
35 009
-
192 684
-
other
1 751
-
7 330
-
unemployment
349
-
1 466
-
health
490
-
2 053
-
accident
280
-
1 541
-
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.

5 952
-
24 927
-
total
8 822
-
37 317
-
Corporate
186 168
230 000
-
-
income
39 095
48 300
-
-
total
39 095
48 300
-
-
Dividends
147 073
181 700
-
-
withholding
10 296
12 719
-
-
total
10 296
12 719
-
-
Income
230 000
230 000
230 000
230 000
Total tax
67 529
61 019
91 745
89 874
After tax
162 471
168 981
138 255
140 126
Living cost
25 692
25 692
25 692
25 692
Free-cash
136 779
143 289
112 563
114 434

Estimated living cost  is ₽25692 per week

₽18153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5390
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63208
₽79738
₽83690
₽87477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 184
pensions
-
-
-
9 860
total
-
-
-
82 044
Employee
90 927
-
200 355
-
income
16 391
-
58 528
-
health
1 498
-
2 669
-
pensions
8 772
-
11 684
-
total
26 661
-
72 881
-
Employer
90 927
-
200 355
-
health
1 727
-
3 807
-
pensions
10 736
-
25 838
-
total
12 463
-
29 645
-
Corporate
126 610
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.

24 056
43 701
-
-
total
24 056
43 701
-
-
Dividends
102 555
186 299
-
-
withholding
15 077
42 295
-
-
total
15 077
42 295
-
-
Income
230 000
230 000
230 000
230 000
Total tax
78 257
85 996
102 526
82 044
After tax
151 743
144 004
127 474
147 956
Living cost
64 266
64 266
64 266
64 266
Free-cash
87 477
79 738
63 208
83 690

Estimated living cost  is ₽64266 per week

₽48156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽183883
₽184195
₽174185
₽179780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 816
income
-
-
-
34 500
pensions

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

-
-
-
4 911
unemployment
-
-
-
133
total
-
-
-
43 360
Employee
16 492
-
223 490
-
income
1 649
-
22 349
-
accident

We are using the highest rate at 1.1%.

182
-
365
-
pensions

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

1 448
-
2 913
-
health
759
-
1 526
-
total
4 038
-
27 153
-
Employer
16 492
-
223 490
-
unemployment
99
-
199
-
health
1 138
-
2 289
-
accident

We are using the highest rate at 1.1%.

182
-
365
-
pensions

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

1 818
-
3 656
-
total
3 237
-
6 509
-
Corporate
210 272
230 000
-
-
income
21 028
23 000
-
-
total
21 028
23 000
-
-
Dividends
189 245
207 000
-
-
withholding
9 462
10 350
-
-
total
9 462
10 350
-
-
Income
230 000
230 000
230 000
230 000
Total tax
37 765
33 350
33 662
43 360
After tax
192 235
196 650
196 338
186 640
Living cost
12 455
12 455
12 455
12 455
Free-cash
179 780
184 195
183 883
174 185

Estimated living cost  is ₽12455 per week

₽7271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽93607
₽61303
₽69327
₽63727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 890
income
-
-
-
84 020
pensions
-
-
-
11 297
total
-
-
-
107 207
Employee
89 394
82 339
212 081
-
income

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

13 478
13 478
41 822
-
pensions
11 297
11 297
11 297
-
health
11 152
10 750
11 890
-
total
35 927
35 525
65 009
-
Employer
89 394
82 339
212 081
-
unemployment
3 219
2 964
3 683
-
health
6 212
5 723
7 112
-
pensions
6 221
5 731
7 123
-
total
15 652
14 418
17 918
-
Corporate
124 955
133 243
-
-
income
24 991
26 649
-
-
total
24 991
26 649
-
-
Dividends
99 964
106 594
-
-
income
21 242
22 651
-
-
withholding
14 995
15 988
-
-
total
36 237
38 639
-
-
Income
230 000
230 000
230 000
230 000
Total tax
112 807
115 231
82 927
107 207
After tax
117 193
114 769
147 073
122 793
Living cost
53 466
53 466
53 466
53 466
Free-cash
63 727
61 303
93 607
69 327

Estimated living cost  is ₽53466 per week

₽39440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102637
₽134528
₽112829
₽126027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 287
health
-
-
-
31 050
income
-
-
-
24 700
solidarity contribution
-
-
-
3 307
total
-
-
-
93 344
Employee
35 040
-
184 078
-
social contributions
2 278
-
7 632
-
solidarity contribution
-
-
2 392
-
income
4 205
-
22 739
-
health
4 730
-
24 851
-
total
11 213
-
57 614
-
Employer
35 040
-
184 078
-
health
3 154
-
16 567
-
social contributions
8 760
-
29 355
-
total
11 914
-
45 922
-
Corporate
183 046
230 000
-
-
income
34 779
43 700
-
-
total
34 779
43 700
-
-
Dividends
148 267
186 300
-
-
withholding
22 240
27 945
-
-
total
22 240
27 945
-
-
Income
230 000
230 000
230 000
230 000
Total tax
80 146
71 645
103 536
93 344
After tax
149 854
158 355
126 464
136 656
Living cost
23 827
23 827
23 827
23 827
Free-cash
126 027
134 528
102 637
112 829

Estimated living cost  is ₽23827 per week

₽16551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62805
₽82029
₽70979
₽76995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 258
national
-
-
-
65 652
regional
-
-
-
2 970
municipal
-
-
-
1 455
total
-
-
-
118 335
Employee
85 692
-
230 000
-
social contributions
28 895
-
63 267
-
municipal
454
-
1 334
-
national
14 848
-
59 198
-
regional
809
-
2 710
-
total
45 006
-
126 509
-
Employer
85 692
-
230 000
-
total
-
-
-
-
Corporate
144 308
230 000
-
-
nationa
34 634
55 200
-
-
municipal
5 628
8 969
-
-
total
40 262
64 169
-
-
Dividends
104 046
165 831
-
-
withholding
27 051
43 116
-
-
total
27 051
43 116
-
-
Income
230 000
230 000
230 000
230 000
Total tax
112 319
107 285
126 509
118 335
After tax
117 681
122 715
103 491
111 665
Living cost
40 686
40 686
40 686
40 686
Free-cash
76 995
82 029
62 805
70 979

Estimated living cost  is ₽40686 per week

₽28361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80870
₽123392
₽86768
₽120392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 136
income
-
-
-
74 167
pensions
-
-
-
25 737
surtax
-
-
-
12 695
unemployment
-
-
-
220
total
-
-
-
121 955
Employee
31 886
-
202 912
-
surtax
104
-
11 542
-
income
5 345
-
68 402
-
other
-
-
-
-
pensions
2 126
-
8 583
-
health
814
-
3 281
-
unemployment
2 219
-
8 957
-
total
10 608
-
100 765
-
Employer
31 886
-
202 912
-
other
-
-
-
-
unemployment
1 010
-
4 079
-
health
1 451
-
5 855
-
pensions
4 251
-
17 154
-
total
6 712
-
27 088
-
Corporate
191 403
230 000
-
-
income
49 766
59 800
-
-
total
49 766
59 800
-
-
Dividends
141 637
170 200
-
-
withholding
21 245
25 531
-
-
total
21 245
25 531
-
-
Income
230 000
230 000
230 000
230 000
Total tax
88 331
85 331
127 853
121 955
After tax
141 669
144 669
102 147
108 045
Living cost
21 277
21 277
21 277
21 277
Free-cash
120 392
123 392
80 870
86 768

Estimated living cost  is ₽21277 per week

₽13010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
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.
₽5813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83569
₽100099
₽104051
₽106450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 184
pensions
-
-
-
9 860
total
-
-
-
82 044
Employee
60 937
-
200 355
-
income
10 975
-
58 528
-
health
885
-
2 669
-
pensions
5 172
-
11 684
-
total
17 032
-
72 881
-
Employer
60 937
-
200 355
-
health
1 158
-
3 807
-
pensions
6 596
-
25 838
-
total
7 754
-
29 645
-
Corporate
161 309
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.

30 648
43 701
-
-
total
30 648
43 701
-
-
Dividends
130 661
186 299
-
-
withholding
24 211
42 295
-
-
total
24 211
42 295
-
-
Income
230 000
230 000
230 000
230 000
Total tax
79 645
85 996
102 526
82 044
After tax
150 355
144 004
127 474
147 956
Living cost
43 905
43 905
43 905
43 905
Free-cash
106 450
100 099
83 569
104 051

Estimated living cost  is ₽43905 per week

₽32893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽96052
₽27173
₽104398
₽60547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
517
pensions
-
-
-
21 160
city
-
-
-
2 424
national
-
-
-
5 981
regional
-
-
-
12 918
total
-
-
-
47 600
Employee
91 283
-
207 039
-
national
432
-
4 958
-
city
980
-
2 240
-
pensions
7 669
-
16 075
-
health
206
-
467
-
regional
2 989
-
11 523
-
unemployment
-
-
-
-
total
12 276
-
35 263
-
Employer
91 283
-
207 039
-
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.

1 825
-
4 141
-
unemployment
-
-
-
-
health
206
-
467
-
pensions
7 669
-
16 075
-
total
9 700
-
20 683
-
Corporate
128 013
230 000
-
-
regional
27 076
48 644
-
-
national
10 880
19 549
-
-
total
37 956
68 193
-
-
Dividends
90 057
161 807
-
-
withholding
31 519
56 632
-
-
total
31 519
56 632
-
-
Income
230 000
230 000
230 000
230 000
Total tax
91 451
124 825
55 946
47 600
After tax
138 549
105 175
174 054
182 400
Living cost
78 002
78 002
78 002
78 002
Free-cash
60 547
27 173
96 052
104 398

Estimated living cost  is ₽78002 per week

₽50724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽958
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽97198
₽69368
₽65441
₽85001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
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.

-
-
-
77 766
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.

-
-
-
4 278
trade
-
-
-
31 757
total
-
-
-
120 388
Employee

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

57 947
-
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.

375
-
4 278
-
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.

6 814
-
77 766
-
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.

6 587
-
6 587
-
total
13 776
-
88 631
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 053
230 000
-
-
chamber of commerce
388
470
-
-
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.

1 420
1 897
-
-
trade
29 507
39 446
-
-
income
25 809
34 500
-
-
total
57 124
76 313
-
-
Dividends
114 930
153 686
-
-
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.

1 561
2 093
-
-
withholding
28 367
38 055
-
-
total
29 928
40 148
-
-
Income
230 000
230 000
230 000
230 000
Total tax
100 828
116 461
88 631
120 388
After tax
129 172
113 539
141 369
109 612
Living cost
44 171
44 171
44 171
44 171
Free-cash
85 001
69 368
97 198
65 441

Estimated living cost  is ₽44171 per week

₽32260
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.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84168
₽82929
₽91735
₽88625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 131
social contributions
-
-
-
6 554
health
-
-
-
11 602
income
-
-
-
44 711
pensions
-
-
-
35 278
surtax
-
-
-
-
total
-
-
-
105 276
Employee
41 266
-
174 864
-
surtax
-
-
-
-
social contributions
1 177
-
4 981
-
income
2 435
-
39 264
-
pensions
4 666
-
13 462
-
total
8 278
-
57 707
-
Employer
41 266
-
174 864
-
other
1 424
-
7 376
-
unemployment
1 671
-
7 081
-
health
2 889
-
17 722
-
pensions
6 779
-
22 432
-
social contributions
124
-
525
-
total
12 887
-
55 136
-
Corporate
175 847
230 000
-
-
surtax
-
-
-
-
income
49 237
64 400
-
-
total
49 237
64 400
-
-
Dividends
126 610
165 600
-
-
social contributions
21 778
28 484
-
-
surtax
-
-
-
-
withholding
16 206
21 198
-
-
total
37 984
49 682
-
-
Income
230 000
230 000
230 000
230 000
Total tax
108 386
114 082
112 843
105 276
After tax
121 614
115 918
117 157
124 724
Living cost
32 989
32 989
32 989
32 989
Free-cash
88 625
82 929
84 168
91 735

Estimated living cost  is ₽32989 per week

₽20801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87437
₽86198
₽95004
₽91559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 131
social contributions
-
-
-
6 554
health
-
-
-
11 602
income
-
-
-
44 711
pensions
-
-
-
35 278
surtax
-
-
-
-
total
-
-
-
105 276
Employee
36 836
-
174 864
-
surtax
-
-
-
-
social contributions
1 050
-
4 981
-
income
1 899
-
39 264
-
pensions
4 166
-
13 462
-
total
7 115
-
57 707
-
Employer
36 836
-
174 864
-
other
1 272
-
7 376
-
unemployment
1 491
-
7 081
-
health
2 578
-
17 722
-
pensions
6 053
-
22 432
-
social contributions
110
-
525
-
total
11 504
-
55 136
-
Corporate
181 660
230 000
-
-
surtax
-
-
-
-
income
50 865
64 400
-
-
total
50 865
64 400
-
-
Dividends
130 795
165 600
-
-
social contributions
22 495
28 484
-
-
surtax
-
-
-
-
withholding
16 742
21 198
-
-
total
39 237
49 682
-
-
Income
230 000
230 000
230 000
230 000
Total tax
108 721
114 082
112 843
105 276
After tax
121 279
115 918
117 157
124 724
Living cost
29 720
29 720
29 720
29 720
Free-cash
91 559
86 198
87 437
95 004

Estimated living cost  is ₽29720 per week

₽17236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120749
₽119875
₽127259
₽120375
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 741
health
-
-
-
16 054
income
-
-
-
34 500
total
-
-
-
82 295
Employee
32 692
-
230 000
-
social contributions
4 512
-
31 741
-
income
5 453
-
41 010
-
health
2 282
-
16 054
-
total
12 247
-
88 805
-
Employer
32 692
-
230 000
-
total
-
-
-
-
Corporate
197 308
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%.

9 866
11 500
-
-
total
9 866
11 500
-
-
Dividends
187 442
218 500
-
-
social contributions
25 867
30 153
-
-
withholding
28 116
32 775
-
-
health
13 083
15 251
-
-
total
67 066
78 179
-
-
Income
230 000
230 000
230 000
230 000
Total tax
89 179
89 679
88 805
82 295
After tax
140 821
140 321
141 195
147 705
Living cost
20 446
20 446
20 446
20 446
Free-cash
120 375
119 875
120 749
127 259

Estimated living cost  is ₽20446 per week

₽13683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26054
₽92709
₽83639
₽91214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 616
income
-
-
-
75 907
chamber of commerce
-
-
-
920
pensions
-
-
-
20 839
surtax
-
-
-
190
unemployment
-
-
-
5 914
total
-
-
-
112 386
Employee
48 186
38 425
191 626
-
income
5 486
2 834
64 204
-
other
481
384
1 127
-
pensions
4 935
3 934
11 535
-
health
1 865
1 488
4 358
-
unemployment
1 446
1 153
3 380
-
total
14 213
9 793
84 604
-
Employer
48 186
38 425
191 626
-
other
2 289
1 824
8 430
-
unemployment
1 446
1 153
3 380
-
health
1 821
1 453
4 258
-
surtax
190
190
190
-
accident
626
500
1 464
-
pensions
6 047
4 823
14 137
-
payroll
1 446
1 153
5 749
-
chamber of commerce
192
154
767
-
total
14 057
11 250
38 375
-
Corporate
167 757
180 326
187 967
-
income

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

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

41 940
45 081
46 992
-
total
41 940
45 081
46 992
-
Dividends
125 818
135 244
-
-
withholding
34 601
37 192
-
-
total
34 601
37 192
-
-
Income
230 000
230 000
230 000
230 000
Total tax
104 811
103 316
169 971
112 386
After tax
125 189
126 684
60 029
117 614
Living cost
33 975
33 975
33 975
33 975
Free-cash
91 214
92 709
26 054
83 639

Estimated living cost  is ₽33975 per week

₽22660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42463
₽90330
₽64947
₽78891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 039
communal

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

-
-
-
12 358
national
-
-
-
93 500
total
-
-
-
129 897
Employee

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

68 970
-
178 143
-
national
21 204
-
67 950
-
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.

5 173
-
13 361
-
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.

3 240
-
8 373
-
communal

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

3 597
-
9 291
-
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.

600
-
1 550
-
total
33 814
-
100 525
-
Employer

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

68 970
-
178 143
-
unemployment

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

1 006
-
2 600
-
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.

4 241
-
10 957
-
surtax
7 820
-
20 200
-
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.

897
-
2 316
-
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.

6 111
-
15 783
-
total
20 075
-
51 856
-
Corporate
140 954
230 000
-
-
surtax
564
1 005
-
-
income
28 191
50 232
-
-
total
28 755
51 237
-
-
Dividends
112 199
178 763
-
-
withholding

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

33 309
53 277
-
-
total
33 309
53 277
-
-
Income
230 000
230 000
230 000
230 000
Total tax
115 953
104 514
152 381
129 897
After tax
114 047
125 486
77 619
100 103
Living cost
35 156
35 156
35 156
35 156
Free-cash
78 891
90 330
42 463
64 947

Estimated living cost  is ₽35156 per week

₽22645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89535
₽117764
₽93580
₽111158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
805
income
-
-
-
74 787
pensions
-
-
-
25 291
unemployment
-
-
-
626
total
-
-
-
101 599
Employee
47 996
-
201 509
-
income
10 127
-
71 477
-
other
48
-
90
-
pensions
2 256
-
4 201
-
unemployment
745
-
1 385
-
total
13 176
-
77 153
-
Employer
47 996
-
201 509
-
other
382
-
715
-
unemployment
2 640
-
4 915
-
accident
950
-
1 769
-
pensions
11 326
-
21 092
-
total
15 298
-
28 491
-
Corporate
166 706
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.

25 005
34 500
-
-
total
25 005
34 500
-
-
Dividends
141 700
195 500
-
-
withholding
30 542
42 915
-
-
total
30 542
42 915
-
-
Income
230 000
230 000
230 000
230 000
Total tax
84 021
77 415
105 644
101 599
After tax
145 979
152 585
124 356
128 401
Living cost
34 821
34 821
34 821
34 821
Free-cash
111 158
117 764
89 535
93 580

Estimated living cost  is ₽34821 per week

₽25642
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2470
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.
₽6207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63748
₽76706
₽54655
₽63441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
16 116
accident
-
-
-
1 934
income
-
-
-
44 565
pensions
-
-
-
34 383
communal
-
-
-
14 536
surtax
-
-
-
11 412
total
-
-
-
122 946
Employee
73 018
-
205 447
-
surtax
4 476
-
12 591
-
income
7 053
-
51 132
-
pensions
5 841
-
16 435
-
health
3 250
-
9 143
-
total
20 620
-
89 301
-
Employer
73 018
-
205 447
-
health
2 227
-
6 267
-
accident
657
-
1 850
-
pensions
5 841
-
16 435
-
total
8 725
-
24 552
-
Corporate
148 258
230 000
-
-
surtax
1 557
2 415
-
-
income
22 239
34 500
-
-
communal
10 007
15 525
-
-
total
33 803
52 440
-
-
Dividends
114 455
177 559
-
-
income
33 843
21 821
-
-
withholding
17 169
26 634
-
-
total
51 012
48 455
-
-
Income
230 000
230 000
230 000
230 000
Total tax
114 160
100 895
113 853
122 946
After tax
115 840
129 105
116 147
107 054
Living cost
52 399
52 399
52 399
52 399
Free-cash
63 441
76 706
63 748
54 655

Estimated living cost  is ₽52399 per week

₽39307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3175
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.
₽9361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80490
₽123012
₽86388
₽119945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
9 136
income
-
-
-
74 167
pensions
-
-
-
25 737
surtax
-
-
-
12 695
unemployment
-
-
-
220
total
-
-
-
121 955
Employee
32 471
-
202 912
-
surtax
115
-
11 542
-
income
5 444
-
68 402
-
other
-
-
-
-
pensions
2 166
-
8 583
-
health
829
-
3 281
-
unemployment
2 260
-
8 957
-
total
10 814
-
100 765
-
Employer
32 471
-
202 912
-
other
-
-
-
-
unemployment
1 030
-
4 079
-
health
1 477
-
5 855
-
pensions
4 329
-
17 154
-
total
6 836
-
27 088
-
Corporate
190 693
230 000
-
-
income
49 581
59 800
-
-
total
49 581
59 800
-
-
Dividends
141 112
170 200
-
-
withholding
21 167
25 531
-
-
total
21 167
25 531
-
-
Income
230 000
230 000
230 000
230 000
Total tax
88 398
85 331
127 853
121 955
After tax
141 602
144 669
102 147
108 045
Living cost
21 657
21 657
21 657
21 657
Free-cash
119 945
123 012
80 490
86 388

Estimated living cost  is ₽21657 per week

₽13075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76844
₽94921
₽84972
₽92778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 258
national
-
-
-
65 652
regional
-
-
-
3 690
municipal
-
-
-
1 455
total
-
-
-
119 055
Employee
53 486
-
230 000
-
social contributions
18 036
-
63 267
-
municipal
284
-
1 334
-
national
8 474
-
59 198
-
regional
720
-
3 384
-
total
27 514
-
127 183
-
Employer
53 486
-
230 000
-
total
-
-
-
-
Corporate
176 514
230 000
-
-
nationa
42 364
55 200
-
-
municipal
8 774
11 430
-
-
total
51 138
66 630
-
-
Dividends
125 376
163 370
-
-
withholding
32 597
42 476
-
-
total
32 597
42 476
-
-
Income
230 000
230 000
230 000
230 000
Total tax
111 249
109 106
127 183
119 055
After tax
118 751
120 894
102 817
110 945
Living cost
25 973
25 973
25 973
25 973
Free-cash
92 778
94 921
76 844
84 972

Estimated living cost  is ₽25973 per week

₽16153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6744
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97102
₽128993
₽107294
₽118518
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 287
health
-
-
-
31 050
income
-
-
-
24 700
solidarity contribution
-
-
-
3 307
total
-
-
-
93 344
Employee
43 179
-
184 078
-
social contributions
2 807
-
7 632
-
solidarity contribution
-
-
2 392
-
income
5 181
-
22 739
-
health
5 829
-
24 851
-
total
13 817
-
57 614
-
Employer
43 179
-
184 078
-
health
3 886
-
16 567
-
social contributions
10 795
-
29 355
-
total
14 681
-
45 922
-
Corporate
172 141
230 000
-
-
income
32 707
43 700
-
-
total
32 707
43 700
-
-
Dividends
139 434
186 300
-
-
withholding
20 915
27 945
-
-
total
20 915
27 945
-
-
Income
230 000
230 000
230 000
230 000
Total tax
82 120
71 645
103 536
93 344
After tax
147 880
158 355
126 464
136 656
Living cost
29 362
29 362
29 362
29 362
Free-cash
118 518
128 993
97 102
107 294

Estimated living cost  is ₽29362 per week

₽21835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29311
₽96025
₽87043
₽95551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 616
income
-
-
-
75 907
chamber of commerce
-
-
-
920
pensions
-
-
-
20 839
surtax
-
-
-
-
unemployment
-
-
-
5 914
total
-
-
-
112 196
Employee
42 148
38 425
191 804
-
income
3 755
2 834
64 294
-
other
421
384
1 127
-
pensions
4 316
3 934
11 535
-
health
1 630
1 488
4 358
-
unemployment
1 264
1 153
3 380
-
total
11 386
9 793
84 694
-
Employer
42 148
38 425
191 804
-
other
2 002
1 824
8 437
-
unemployment
1 264
1 153
3 380
-
health
1 594
1 453
4 258
-
surtax
-
-
-
-
accident
547
500
1 464
-
pensions
5 290
4 823
14 137
-
payroll
1 264
1 153
5 755
-
chamber of commerce
168
154
767
-
total
12 129
11 060
38 198
-
Corporate
175 723
180 516
188 144
-
income

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

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

43 931
45 129
47 036
-
total
43 931
45 129
47 036
-
Dividends
131 792
135 387
-
-
withholding
36 242
37 232
-
-
total
36 242
37 232
-
-
Income
230 000
230 000
230 000
230 000
Total tax
103 688
103 214
169 928
112 196
After tax
126 312
126 786
60 072
117 804
Living cost
30 761
30 761
30 761
30 761
Free-cash
95 551
96 025
29 311
87 043

Estimated living cost  is ₽30761 per week

₽18453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171697
₽206197
₽215397
₽203890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 379
-
230 000
-
income
3 076
-
46 000
-
total
3 076
-
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%.

214 621
230 000
-
-
total
-
-
-
-
Dividends
214 621
230 000
-
-
withholding
10 731
11 500
-
-
total
10 731
11 500
-
-
Income
230 000
230 000
230 000
230 000
Total tax
13 807
11 500
46 000
2 300
After tax
216 193
218 500
184 000
227 700
Living cost
12 303
12 303
12 303
12 303
Free-cash
203 890
206 197
171 697
215 397

Estimated living cost  is ₽12303 per week

₽8326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3048
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74545
₽132492
₽79538
₽124427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
22 632
income
-
-
-
59 618
pensions
-
-
-
42 004
unemployment
-
-
-
346
total
-
-
-
124 600
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.

42 637
-
199 013
-
income
7 353
-
54 624
-
pensions
6 609
-
30 848
-
health
2 754
-
12 856
-
unemployment
60
-
278
-
total
16 776
-
98 606
-
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.

42 637
-
199 013
-
unemployment
26
-
119
-
health
2 840
-
13 255
-
pensions
3 773
-
17 613
-
total
6 639
-
30 987
-
Corporate
180 724
230 000
-
-
income
34 337
43 700
-
-
total
34 337
43 700
-
-
Dividends
146 387
186 300
-
-
withholding
21 959
27 946
-
-
total
21 959
27 946
-
-
Income
230 000
230 000
230 000
230 000
Total tax
79 711
71 646
129 593
124 600
After tax
150 289
158 354
100 407
105 400
Living cost
25 862
25 862
25 862
25 862
Free-cash
124 427
132 492
74 545
79 538

Estimated living cost  is ₽25862 per week

₽17749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
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.
₽5956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173531
₽96657
₽115673
₽48952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 220
income
-
-
-
44 832
total
-
-
-
71 052
Employee
62 050
-
-
-
social contributions
5 088
-
725
-
income
13 687
-
-
-
total
18 775
-
725
-
Employer
62 050
-
-
-
social contributions
87 490
-
12 469
-
total
87 490
-
12 469
-
Corporate
80 460
230 000
-
-
income
17 701
50 600
-
-
total
17 701
50 600
-
-
Dividends
62 759
179 400
-
-
income
13 807
39 468
-
-
total
13 807
39 468
-
-
Income
230 000
230 000
230 000
230 000
Total tax
137 773
90 068
13 194
71 052
After tax
92 227
139 932
216 806
158 948
Living cost
43 275
43 275
43 275
43 275
Free-cash
48 952
96 657
173 531
115 673

Estimated living cost  is ₽43275 per week

₽28078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70622
₽100580
₽89072
₽99608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
79 925
income
-
-
-
30 759
surtax
-
-
-
-
total
-
-
-
110 684
Employee
44 346
-
185 859
-
surtax
-
-
476
-
social contributions
4 878
-
20 444
-
income
9 224
-
64 073
-
total
14 102
-
84 993
-
Employer
44 346
-
185 859
-
social contributions
10 532
-
44 141
-
total
10 532
-
44 141
-
Corporate
175 122
230 000
-
-
surtax
-
-
-
-
income
36 776
48 300
-
-
total
36 776
48 300
-
-
Dividends
138 346
181 700
-
-
withholding
38 738
50 876
-
-
total
38 738
50 876
-
-
Income
230 000
230 000
230 000
230 000
Total tax
100 148
99 176
129 134
110 684
After tax
129 852
130 824
100 866
119 316
Living cost
30 244
30 244
30 244
30 244
Free-cash
99 608
100 580
70 622
89 072

Estimated living cost  is ₽30244 per week

₽22629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5326
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70587
₽69348
₽78154
₽75977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 131
social contributions
-
-
-
6 554
health
-
-
-
11 602
income
-
-
-
44 711
pensions
-
-
-
35 278
surtax
-
-
-
-
total
-
-
-
105 276
Employee
60 390
-
174 864
-
surtax
-
-
-
-
social contributions
1 720
-
4 981
-
income
5 269
-
39 264
-
pensions
6 830
-
13 462
-
total
13 819
-
57 707
-
Employer
60 390
-
174 864
-
other
2 084
-
7 376
-
unemployment
2 446
-
7 081
-
health
4 227
-
17 722
-
pensions
9 923
-
22 432
-
social contributions
181
-
525
-
total
18 861
-
55 136
-
Corporate
150 749
230 000
-
-
surtax
-
-
-
-
income
42 211
64 400
-
-
total
42 211
64 400
-
-
Dividends
108 539
165 600
-
-
social contributions
18 669
28 484
-
-
surtax
-
-
-
-
withholding
13 893
21 198
-
-
total
32 562
49 682
-
-
Income
230 000
230 000
230 000
230 000
Total tax
107 453
114 082
112 843
105 276
After tax
122 547
115 918
117 157
124 724
Living cost
46 570
46 570
46 570
46 570
Free-cash
75 977
69 348
70 587
78 154

Estimated living cost  is ₽46570 per week

₽31518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144442
₽178016
₽138330
₽174777
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 086
social contributions
-
-
-
50 600
total
-
-
-
62 686
Employee
30 998
-
199 134
-
income
-
-
12 764
-
social contributions
2 015
-
12 944
-
total
2 015
-
25 708
-
Employer
30 998
-
199 134
-
social contributions
4 805
-
30 866
-
total
4 805
-
30 866
-
Corporate
194 197
230 000
-
-
income
19 419
23 000
-
-
total
19 419
23 000
-
-
Dividends
174 778
207 000
-
-
total
-
-
-
-
Income
230 000
230 000
230 000
230 000
Total tax
26 239
23 000
56 574
62 686
After tax
203 761
207 000
173 426
167 314
Living cost
28 984
28 984
28 984
28 984
Free-cash
174 777
178 016
144 442
138 330

Estimated living cost  is ₽28984 per week

₽18740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2185
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.
₽7513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20222
₽20222
₽85789
₽11134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 333
pensions
-
-
-
835
national
-
-
-
28 969
municipal
-
-
-
49 704
total
-
-
-
97 841
Employee
195 717
195 717
195 717
-
labour market
15 635
15 635
15 635
-
municipal
41 677
41 677
41 677
-
national
23 910
23 910
23 910
-
pensions
278
278
278
-
total
81 500
81 500
81 500
-
Employer
195 717
195 717
195 717
-
national
23 952
23 952
23 952
-
labour market
15 657
15 657
15 657
-
pensions
556
556
556
-
municipal
41 743
41 743
41 743
-
total
81 908
81 908
81 908
-
Corporate
20 220
-
-
-
income
4 448
-
-
-
total
4 448
-
-
-
Dividends
15 772
-
-
-
withholding
4 640
-
-
-
total
4 640
-
-
-
Income
230 000
230 000
230 000
230 000
Total tax
172 496
163 408
163 408
97 841
After tax
57 504
66 592
66 592
132 159
Living cost
46 370
46 370
46 370
46 370
Free-cash
11 134
20 222
20 222
85 789

Estimated living cost  is ₽46370 per week

₽31736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽713
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105844
-₽2504
₽135886
₽15386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
66 190
pensions
-
-
-
4 057
total
-
-
-
72 980
Employee
33 245
-
210 582
-
income
4 561
-
52 053
-
pensions
3 744
-
7 439
-
health
3 807
-
24 112
-
total
12 112
-
83 604
-
Employer
33 245
-
210 582
-
unemployment
815
-
5 159
-
accident
555
-
3 517
-
pensions
5 406
-
10 742
-
total
6 776
-
19 418
-
Corporate
189 980
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.

170 982
207 000
-
-
total
170 982
207 000
-
-
Dividends
18 998
23 000
-
-
withholding
3 610
4 370
-
-
total
3 610
4 370
-
-
Income
230 000
230 000
230 000
230 000
Total tax
193 480
211 370
103 022
72 980
After tax
36 520
18 630
126 978
157 020
Living cost
21 134
21 134
21 134
21 134
Free-cash
15 386
-2 504
105 844
135 886

Estimated living cost  is ₽21134 per week

₽15383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76244
₽103366
₽102588
₽106348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 140
national
-
-
-
46 419
municipal
-
-
-
40 835
total
-
-
-
90 394
Employee
50 729
-
193 489
-
municipal
8 309
-
31 490
-
national
838
-
30 197
-
pensions
3 423
-
13 061
-
health
379
-
2 578
-
unemployment
761
-
2 902
-
total
13 710
-
80 228
-
Employer
50 729
-
193 489
-
unemployment
329
-
1 257
-
health
390
-
1 489
-
accident
51
-
194
-
pensions
8 801
-
33 570
-
total
9 571
-
36 510
-
Corporate
169 700
230 000
-
-
income
33 940
46 000
-
-
total
33 940
46 000
-
-
Dividends

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

101 820
138 000
-
-
national
11 086
18 775
-
-
municipal
18 327
24 841
-
-
total
29 413
43 616
-
-
Income
230 000
230 000
230 000
230 000
Total tax
86 634
89 616
116 738
90 394
After tax
143 366
140 384
113 262
139 606
Living cost
37 018
37 018
37 018
37 018
Free-cash
106 348
103 366
76 244
102 588

Estimated living cost  is ₽37018 per week

₽24180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130008
₽145268
₽131870
₽140018
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 600
health
-
-
-
5 864
income
-
-
-
54 342
total
-
-
-
75 806
Employee
74 142
74 142
217 673
-
social contributions
2 803
6 153
8 300
-
income
8 073
6 863
53 341
-
health
575
1 261
3 700
-
total
11 451
14 277
65 341
-
Employer
74 142
74 142
217 673
-
health
624
1 372
4 027
-
social contributions
2 803
6 153
8 300
-
total
3 427
7 525
12 327
-
Corporate
192 798
148 332
-
-
income
24 100
18 541
-
-
total
24 100
18 541
-
-
Dividends
168 699
129 791
-
-
withholding
28 680
22 065
-
-
total
28 680
22 065
-
-
Income
230 000
230 000
230 000
230 000
Total tax
67 658
62 408
77 668
75 806
After tax
162 342
167 592
152 332
154 194
Living cost
22 324
22 324
22 324
22 324
Free-cash
140 018
145 268
130 008
131 870

Estimated living cost  is ₽22324 per week

₽13379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161805
₽175154
₽181143
₽170251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 489
income
-
-
-
23 899
pensions
-
-
-
6 133
unemployment
-
-
-
27
total
-
-
-
33 548
Employee

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

22 132
-
220 577
-
income
1 513
-
21 507
-
pensions
3 319
-
13 723
-
health
1 881
-
7 776
-
unemployment
110
-
457
-
total
6 823
-
43 463
-
Employer

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

22 132
-
220 577
-
unemployment
110
-
457
-
health
951
-
3 934
-
pensions
1 217
-
5 032
-
total
2 278
-
9 423
-
Corporate
205 590
230 000
-
-
income
18 502
20 700
-
-
total
18 502
20 700
-
-
Dividends
187 088
209 300
-
-
withholding
16 837
18 837
-
-
total
16 837
18 837
-
-
Income
230 000
230 000
230 000
230 000
Total tax
44 440
39 537
52 886
33 548
After tax
185 560
190 463
177 114
196 452
Living cost
15 309
15 309
15 309
15 309
Free-cash
170 251
175 154
161 805
181 143

Estimated living cost  is ₽15309 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1103
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97842
₽126071
₽101887
₽121814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
805
income
-
-
-
74 787
pensions
-
-
-
25 291
unemployment
-
-
-
626
total
-
-
-
101 599
Employee
35 652
-
201 509
-
income
6 873
-
71 477
-
other
35
-
90
-
pensions
1 676
-
4 201
-
unemployment
553
-
1 385
-
total
9 137
-
77 153
-
Employer
35 652
-
201 509
-
other
285
-
715
-
unemployment
1 961
-
4 915
-
accident
706
-
1 769
-
pensions
8 413
-
21 092
-
total
11 365
-
28 491
-
Corporate
182 981
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.

27 446
34 500
-
-
total
27 446
34 500
-
-
Dividends
155 535
195 500
-
-
withholding
33 724
42 915
-
-
total
33 724
42 915
-
-
Income
230 000
230 000
230 000
230 000
Total tax
81 672
77 415
105 644
101 599
After tax
148 328
152 585
124 356
128 401
Living cost
26 514
26 514
26 514
26 514
Free-cash
121 814
126 071
97 842
101 887

Estimated living cost  is ₽26514 per week

₽17897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146545
₽141739
₽146673
₽141446
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
942
income
-
-
-
79 305
pensions
-
-
-
1 299
total
-
-
-
81 546
Employee
2 713
-
228 538
-
income
525
-
79 237
-
pensions
244
-
585
-
health
136
-
325
-
unemployment
27
-
65
-
total
932
-
80 212
-
Employer
2 713
-
228 538
-
unemployment
54
-
130
-
health
258
-
617
-
pensions
298
-
715
-
total
610
-
1 462
-
Corporate
226 677
230 000
-
-
income
49 869
50 600
-
-
total
49 869
50 600
-
-
Dividends
176 808
179 400
-
-
withholding
35 362
35 880
-
-
total
35 362
35 880
-
-
Income
230 000
230 000
230 000
230 000
Total tax
86 773
86 480
81 674
81 546
After tax
143 227
143 520
148 326
148 454
Living cost
1 781
1 781
1 781
1 781
Free-cash
141 446
141 739
146 545
146 673

Estimated living cost  is ₽1781 per week

₽1058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133029
₽149547
₽133028
₽144817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 319
income
-
-
-
53 484
pensions
-
-
-
18 475
unemployment
-
-
-
1 066
total
-
-
-
80 344
Employee

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

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

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

25 074
-
217 281
-
income
3 456
-
53 484
-
pensions
3 510
-
9 948
-
health
1 291
-
3 659
-
unemployment
188
-
533
-
total
8 445
-
67 624
-
Employer

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

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

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

25 074
-
217 281
-
unemployment
188
-
533
-
health
1 291
-
3 659
-
pensions
3 009
-
8 527
-
total
4 488
-
12 719
-
Corporate
200 438
230 000
-
-
income
30 066
34 500
-
-
total
30 066
34 500
-
-
Dividends
170 372
195 500
-
-
withholding
25 556
29 325
-
-
total
25 556
29 325
-
-
Income
230 000
230 000
230 000
230 000
Total tax
68 555
63 825
80 343
80 344
After tax
161 445
166 175
149 657
149 656
Living cost
16 628
16 628
16 628
16 628
Free-cash
144 817
149 547
133 029
133 028

Estimated living cost  is ₽16628 per week

₽11196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74872
₽104830
₽93322
₽104483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
79 925
income
-
-
-
30 759
surtax
-
-
-
-
total
-
-
-
110 684
Employee
37 423
-
185 859
-
surtax
-
-
476
-
social contributions
4 117
-
20 444
-
income
7 312
-
64 073
-
total
11 429
-
84 993
-
Employer
37 423
-
185 859
-
social contributions
8 887
-
44 141
-
total
8 887
-
44 141
-
Corporate
183 690
230 000
-
-
surtax
-
-
-
-
income
38 575
48 300
-
-
total
38 575
48 300
-
-
Dividends
145 115
181 700
-
-
withholding
40 632
50 876
-
-
total
40 632
50 876
-
-
Income
230 000
230 000
230 000
230 000
Total tax
99 523
99 176
129 134
110 684
After tax
130 477
130 824
100 866
119 316
Living cost
25 994
25 994
25 994
25 994
Free-cash
104 483
104 830
74 872
93 322

Estimated living cost  is ₽25994 per week

₽18411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1806
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.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90470
₽118699
₽94515
₽112389
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90
accident
-
-
-
805
income
-
-
-
74 787
pensions
-
-
-
25 291
unemployment
-
-
-
626
total
-
-
-
101 599
Employee
46 567
-
201 509
-
income
9 726
-
71 477
-
other
46
-
90
-
pensions
2 188
-
4 201
-
unemployment
721
-
1 385
-
total
12 681
-
77 153
-
Employer
46 567
-
201 509
-
other
373
-
715
-
unemployment
2 562
-
4 915
-
accident
922
-
1 769
-
pensions
10 990
-
21 092
-
total
14 847
-
28 491
-
Corporate
168 587
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.

25 287
34 500
-
-
total
25 287
34 500
-
-
Dividends
143 300
195 500
-
-
withholding
30 910
42 915
-
-
total
30 910
42 915
-
-
Income
230 000
230 000
230 000
230 000
Total tax
83 725
77 415
105 644
101 599
After tax
146 275
152 585
124 356
128 401
Living cost
33 886
33 886
33 886
33 886
Free-cash
112 389
118 699
90 470
94 515

Estimated living cost  is ₽33886 per week

₽24336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽179997
₽180309
₽170299
₽174519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 816
income
-
-
-
34 500
pensions

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

-
-
-
4 911
unemployment
-
-
-
133
total
-
-
-
43 360
Employee
21 638
-
223 490
-
income
2 164
-
22 349
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
pensions

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

1 900
-
2 913
-
health
995
-
1 526
-
total
5 297
-
27 153
-
Employer
21 638
-
223 490
-
unemployment
130
-
199
-
health
1 493
-
2 289
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
pensions

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

2 384
-
3 656
-
total
4 245
-
6 509
-
Corporate
204 117
230 000
-
-
income
20 412
23 000
-
-
total
20 412
23 000
-
-
Dividends
183 705
207 000
-
-
withholding
9 186
10 350
-
-
total
9 186
10 350
-
-
Income
230 000
230 000
230 000
230 000
Total tax
39 140
33 350
33 662
43 360
After tax
190 860
196 650
196 338
186 640
Living cost
16 341
16 341
16 341
16 341
Free-cash
174 519
180 309
179 997
170 299

Estimated living cost  is ₽16341 per week

₽10808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4208
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104144
₽81047
₽77572
₽93658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
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.

-
-
-
77 766
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.

-
-
-
4 278
trade
-
-
-
26 572
total
-
-
-
115 203
Employee

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

47 975
-
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.

218
-
4 278
-
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.

3 945
-
77 766
-
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.

6 587
-
6 587
-
total
10 750
-
88 631
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 025
230 000
-
-
chamber of commerce
414
483
-
-
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.

1 502
1 897
-
-
trade
26 120
33 005
-
-
income
27 304
34 500
-
-
total
55 340
69 885
-
-
Dividends
126 686
160 114
-
-
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.

1 722
2 181
-
-
withholding
31 305
39 662
-
-
total
33 027
41 843
-
-
Income
230 000
230 000
230 000
230 000
Total tax
99 117
111 728
88 631
115 203
After tax
130 883
118 272
141 369
114 797
Living cost
37 225
37 225
37 225
37 225
Free-cash
93 658
81 047
104 144
77 572

Estimated living cost  is ₽37225 per week

₽25679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59246
₽106075
₽59246
₽108204
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 063
social contributions
-
-
-
39 766
total
-
-
-
115 829
Employee
75 422
-
230 000
-
income
14 232
-
76 063
-
social contributions
6 266
-
39 766
-
total
20 498
-
115 829
-
Employer
75 422
-
230 000
-
total
-
-
-
-
Corporate
154 578
230 000
-
-
income
19 322
28 749
-
-
total
19 322
28 749
-
-
Dividends
135 256
201 251
-
-
withholding
27 051
40 251
-
-
total
27 051
40 251
-
-
Income
230 000
230 000
230 000
230 000
Total tax
66 871
69 000
115 829
115 829
After tax
163 129
161 000
114 171
114 171
Living cost
54 925
54 925
54 925
54 925
Free-cash
108 204
106 075
59 246
59 246

Estimated living cost  is ₽54925 per week

₽41786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8139
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124863
₽109405
₽154572
₽112773
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
5 927
total
-
-
-
40 427
Employee
44 232
-
225 565
-
income
4 799
-
61 266
-
social contributions
4 432
-
4 435
-
total
9 231
-
65 701
-
Employer
44 232
-
225 565
-
social contributions
4 432
-
4 435
-
total
4 432
-
4 435
-
Corporate
181 336
230 000
-
-
income
63 469
80 500
-
-
total
63 469
80 500
-
-
Dividends
117 868
149 500
-
-
social contributions
5 094
5 094
-
-
total
5 094
5 094
-
-
Income
230 000
230 000
230 000
230 000
Total tax
82 226
85 594
70 136
40 427
After tax
147 774
144 406
159 864
189 573
Living cost
35 001
35 001
35 001
35 001
Free-cash
112 773
109 405
124 863
154 572

Estimated living cost  is ₽35001 per week

₽23055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2759
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.
₽8649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91781
₽108311
₽112263
₽114003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
72 184
pensions
-
-
-
9 860
total
-
-
-
82 044
Employee
48 994
-
200 355
-
income
8 922
-
58 528
-
health
639
-
2 669
-
pensions
3 739
-
11 684
-
total
13 300
-
72 881
-
Employer
48 994
-
200 355
-
health
931
-
3 807
-
pensions
4 950
-
25 838
-
total
5 881
-
29 645
-
Corporate
175 125
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.

33 274
43 701
-
-
total
33 274
43 701
-
-
Dividends
141 851
186 299
-
-
withholding
27 849
42 295
-
-
total
27 849
42 295
-
-
Income
230 000
230 000
230 000
230 000
Total tax
80 304
85 996
102 526
82 044
After tax
149 696
144 004
127 474
147 956
Living cost
35 693
35 693
35 693
35 693
Free-cash
114 003
108 311
91 781
112 263

Estimated living cost  is ₽35693 per week

₽24485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽103752
-₽4596
₽133794
₽15069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
66 190
pensions
-
-
-
4 057
total
-
-
-
72 980
Employee
36 536
-
210 582
-
income
5 012
-
52 053
-
pensions
4 114
-
7 439
-
health
4 183
-
24 112
-
total
13 309
-
83 604
-
Employer
36 536
-
210 582
-
unemployment
895
-
5 159
-
accident
610
-
3 517
-
pensions
5 940
-
10 742
-
total
7 445
-
19 418
-
Corporate
186 018
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.

167 417
207 000
-
-
total
167 417
207 000
-
-
Dividends
18 602
23 000
-
-
withholding
3 534
4 370
-
-
total
3 534
4 370
-
-
Income
230 000
230 000
230 000
230 000
Total tax
191 705
211 370
103 022
72 980
After tax
38 295
18 630
126 978
157 020
Living cost
23 226
23 226
23 226
23 226
Free-cash
15 069
-4 596
103 752
133 794

Estimated living cost  is ₽23226 per week

₽17045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1353
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.
₽4359
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156983
₽162943
₽135809
₽160029
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 835
health insurance
-
-
-
11 396
work injury
-
-
-
770
pensions
-
-
-
28 335
unemployment
-
-
-
1 848
total
-
-
-
81 184
Employee

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

20 811
-
230 000
-
income
2 081
-
38 835
-
work injury
104
-
385
-
health insurance
1 540
-
5 698
-
pensions
3 829
-
14 168
-
unemployment
250
-
924
-
total
7 804
-
60 010
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
209 189
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%.

20 919
23 000
-
-
total
20 919
23 000
-
-
Dividends
188 270
207 000
-
-
withholding
28 241
31 050
-
-
total
28 241
31 050
-
-
Income
230 000
230 000
230 000
230 000
Total tax
56 964
54 050
60 010
81 184
After tax
173 036
175 950
169 990
148 816
Living cost
13 007
13 007
13 007
13 007
Free-cash
160 029
162 943
156 983
135 809

Estimated living cost  is ₽13007 per week

₽8058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62394
₽82737
₽70313
₽78352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 258
national
-
-
-
65 652
regional
-
-
-
5 730
municipal
-
-
-
1 636
total
-
-
-
121 276
Employee
81 250
-
230 000
-
social contributions
27 397
-
63 267
-
municipal
485
-
1 500
-
national
13 730
-
59 198
-
regional
1 227
-
5 230
-
total
42 839
-
129 195
-
Employer
81 250
-
230 000
-
total
-
-
-
-
Corporate
148 750
230 000
-
-
nationa
35 700
55 200
-
-
municipal
7 169
11 086
-
-
total
42 869
66 286
-
-
Dividends
105 881
163 714
-
-
withholding
27 529
42 566
-
-
total
27 529
42 566
-
-
Income
230 000
230 000
230 000
230 000
Total tax
113 237
108 852
129 195
121 276
After tax
116 763
121 148
100 805
108 724
Living cost
38 411
38 411
38 411
38 411
Free-cash
78 352
82 737
62 394
70 313

Estimated living cost  is ₽38411 per week

₽26982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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