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
₽82672
₽111574
₽96687
₽85630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
28 902
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.

-
-
-
6 831
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.

-
-
-
77 070
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.

-
-
-
4 239
total
-
-
-
117 042
Employee

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

38 244
-
230 000
-
surtax

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

59
-
4 239
-
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.

1 068
-
77 070
-
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.

6 831
-
6 831
-
total
7 958
-
88 140
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
191 756
230 000
-
-
trade
30 202
36 225
-
-
surtax

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

1 582
1 897
-
-
income
28 764
34 500
-
-
chamber of commerce
427
482
-
-
total
60 975
73 104
-
-
Dividends
130 781
156 896
-
-
surtax

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

1 778
2 137
-
-
withholding
32 316
38 843
-
-
total
34 094
40 980
-
-
Income
230 000
230 000
230 000
230 000
Total tax
103 027
114 084
88 140
117 042
After tax
126 973
115 916
141 860
112 958
Living cost
30 286
30 286
30 286
30 286
Free-cash
96 687
85 630
111 574
82 672

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
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.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80134
₽81370
₽92238
₽93078
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
social contributions
-
-
-
2 473
municipal
-
-
-
25 584
national
-
-
-
43 767
pensions
-
-
-
27 600
total
-
-
-
99 424
Employee
78 195
-
198 833
-
pensions
3 128
-
7 953
-
national
14 966
-
45 717
-
municipal
9 658
-
26 474
-
total
27 752
-
80 144
-
Employer
78 195
-
198 833
-
pensions
6 256
-
15 907
-
social contributions
841
-
2 137
-
total
7 097
-
18 044
-
Corporate
139 548
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%.

27 910
46 000
-
-
total
27 910
46 000
-
-
Dividends
111 639
184 000
-
-
withholding
24 561
40 480
-
-
total
24 561
40 480
-
-
Income
230 000
230 000
230 000
230 000
Total tax
87 320
86 480
98 188
99 424
After tax
142 680
143 520
131 812
130 576
Living cost
50 442
50 442
50 442
50 442
Free-cash
92 238
93 078
81 370
80 134

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63195
₽79462
₽154997
₽163198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
38 310
income
-
-
-
49 042
microenterprise
-
-
-
-
surtax
-
-
-
58 651
total
-
-
-
146 003
Employee
29 217
-
181 345
-
income
5 201
-
41 678
-
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.

3 214
-
13 108
-
surtax
-
-
26 295
-
total
8 415
-
81 081
-
Employer
29 217
-
181 345
-
social contributions

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

7 038
-
28 707
-
surtax
-
-
19 948
-
total
7 038
-
48 655
-
Corporate
193 745
230 000
-
-
income

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

38 748
46 000
-
-
total
38 748
46 000
-
-
Dividends

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

154 997
184 000
-
-
total
-
-
-
-
Income
230 000
230 000
230 000
230 000
Total tax
54 201
46 000
129 736
146 003
After tax
175 799
184 000
100 264
83 997
Living cost
20 802
20 802
20 802
20 802
Free-cash
154 997
163 198
79 462
63 195

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81343
₽105199
₽66661
₽72787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 330
income
-
-
-
82 725
pensions
-
-
-
11 715
total
-
-
-
106 770
Employee
85 386
85 386
211 418
-
income

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

13 976
13 976
40 287
-
pensions
15 370
11 715
11 715
-
health
13 106
11 148
12 330
-
total
42 452
36 839
64 332
-
Employer
85 386
85 386
211 418
-
pensions
5 943
5 943
7 387
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 820
-
total
14 952
14 952
18 582
-
Corporate
130 709
129 662
-
-
income
26 142
25 933
-
-
total
26 142
25 933
-
-
Dividends
104 567
103 729
-
-
withholding
15 685
15 559
-
-
income
22 221
22 043
-
-
total
37 906
37 602
-
-
Income
230 000
230 000
230 000
230 000
Total tax
121 452
115 326
82 914
106 770
After tax
108 548
114 674
147 086
123 230
Living cost
41 887
41 887
41 887
41 887
Free-cash
66 661
72 787
105 199
81 343

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75938
₽75004
₽86270
₽87132
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 792
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
61 306
health
-
-
-
5 258
national
-
-
-
29 897
pensions
-
-
-
9 109
total
-
-
-
115 614
Employee
54 785
-
203 524
-
national
-
-
29 381
-
municipal
16 337
-
60 691
-
total
16 337
-
90 072
-
Employer
54 785
-
203 524
-
pensions
5 922
-
9 109
-
other
6 366
-
9 792
-
accident
110
-
168
-
health
3 369
-
5 182
-
unemployment
1 446
-
2 225
-
total
17 213
-
26 476
-
Corporate
158 002
230 000
-
-
income
34 760
50 600
-
-
total
34 760
50 600
-
-
Dividends
123 241
179 400
-
-
withholding
36 972
53 820
-
-
total
36 972
53 820
-
-
Income
230 000
230 000
230 000
230 000
Total tax
105 282
104 420
116 548
115 614
After tax
124 718
125 580
113 452
114 386
Living cost
38 448
38 448
38 448
38 448
Free-cash
86 270
87 132
75 004
75 938

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72393
₽102580
₽89501
₽75452
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
30 187
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.

-
-
-
6 831
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.

-
-
-
77 070
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.

-
-
-
4 239
total
-
-
-
118 327
Employee

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

50 706
-
230 000
-
surtax

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

239
-
4 239
-
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.

4 357
-
77 070
-
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.

6 831
-
6 831
-
total
11 427
-
88 140
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 294
230 000
-
-
trade
29 494
37 836
-
-
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.

1 480
1 897
-
-
income
26 895
34 500
-
-
chamber of commerce
406
478
-
-
total
58 275
74 711
-
-
Dividends
121 018
155 289
-
-
surtax

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

1 643
2 114
-
-
withholding
29 874
38 443
-
-
total
31 517
40 557
-
-
Income
230 000
230 000
230 000
230 000
Total tax
101 219
115 268
88 140
118 327
After tax
128 781
114 732
141 860
111 673
Living cost
39 280
39 280
39 280
39 280
Free-cash
89 501
75 452
102 580
72 393

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122076
₽120199
₽131034
₽135181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 178
health
-
-
-
5 865
income
-
-
-
53 450
total
-
-
-
75 493
Employee
76 887
76 887
217 372
-
income
8 074
7 117
52 441
-
social contributions
3 736
6 381
8 607
-
health
765
1 307
3 694
-
total
12 575
14 805
64 742
-
Employer
76 887
76 887
217 372
-
health
833
1 423
4 021
-
social contributions
3 736
6 381
8 607
-
total
4 569
7 804
12 628
-
Corporate
180 425
145 309
-
-
income
22 553
18 165
-
-
total
22 553
18 165
-
-
Dividends
157 872
127 145
-
-
withholding
26 838
21 614
-
-
total
26 838
21 614
-
-
Income
230 000
230 000
230 000
230 000
Total tax
66 535
62 388
77 370
75 493
After tax
163 465
167 612
152 630
154 507
Living cost
32 431
32 431
32 431
32 431
Free-cash
131 034
135 181
120 199
122 076

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
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.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141097
₽115097
₽111234
₽110855
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
192 469
-
income
3 218
1 281
23 529
-
pensions
2 632
1 048
19 247
-
unemployment
395
157
2 887
-
health
1 843
733
13 473
-
total
8 088
3 219
59 136
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
192 469
-
pensions
5 133
2 043
37 531
-
total
5 133
2 043
37 531
-
Corporate
198 544
217 481
-
-
income
17 869
19 573
-
-
total
17 869
19 573
-
-
Dividends
180 675
197 908
-
-
social contributions
35 112
38 472
-
-
withholding
34 328
37 602
-
-
total
69 440
76 074
-
-
Income
230 000
230 000
230 000
230 000
Total tax
100 530
100 909
96 667
70 667
After tax
129 470
129 091
133 333
159 333
Living cost
18 236
18 236
18 236
18 236
Free-cash
111 234
110 855
115 097
141 097

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99128
₽108418
₽153639
₽159849
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 821
pensions
-
-
-
46 000
total
-
-
-
106 721
Employee
28 365
-
171 897
-
income
3 193
-
33 141
-
pensions
567
-
3 438
-
unemployment
453
-
2 749
-
total
4 213
-
39 328
-
Employer
28 365
-
171 897
-
pensions
5 673
-
34 380
-
health
3 687
-
22 347
-
unemployment
228
-
1 376
-
total
9 588
-
58 103
-
Corporate
192 047
230 000
-
-
income
38 409
46 000
-
-
total
38 409
46 000
-
-
Dividends
153 638
184 000
-
-
total
-
-
-
-
Income
230 000
230 000
230 000
230 000
Total tax
52 210
46 000
97 431
106 721
After tax
177 790
184 000
132 569
123 279
Living cost
24 151
24 151
24 151
24 151
Free-cash
153 639
159 849
108 418
99 128

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135118
₽104934
₽15269
-₽3284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
66 030
pensions
-
-
-
4 145
total
-
-
-
72 968
Employee
34 472
-
210 359
-
income
4 729
-
51 826
-
pensions
3 882
-
7 599
-
health
3 947
-
24 086
-
total
12 558
-
83 511
-
Employer
34 472
-
210 359
-
pensions
5 605
-
10 974
-
accident
575
-
3 513
-
unemployment
845
-
5 154
-
total
7 025
-
19 641
-
Corporate
188 503
230 000
-
-
income

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

169 653
207 000
-
-
total
169 653
207 000
-
-
Dividends
18 850
23 000
-
-
withholding
3 581
4 370
-
-
total
3 581
4 370
-
-
Income
230 000
230 000
230 000
230 000
Total tax
192 817
211 370
103 152
72 968
After tax
37 183
18 630
126 848
157 032
Living cost
21 914
21 914
21 914
21 914
Free-cash
15 269
-3 284
104 934
135 118

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽218689
₽174989
₽207800
₽209489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 263
-
230 000
-
income
2 252
-
46 000
-
total
2 252
-
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%.

218 737
230 000
-
-
total
-
-
-
-
Dividends
218 737
230 000
-
-
withholding
10 937
11 500
-
-
total
10 937
11 500
-
-
Income
230 000
230 000
230 000
230 000
Total tax
13 189
11 500
46 000
2 300
After tax
216 811
218 500
184 000
227 700
Living cost
9 011
9 011
9 011
9 011
Free-cash
207 800
209 489
174 989
218 689

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112284
₽110396
₽135587
₽142338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 222
health
-
-
-
6 690
income
-
-
-
40 669
pensions

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

-
-
-
36 492
total
-
-
-
91 073
Employee
36 305
-
191 369
-
income
6 250
-
40 039
-
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.

2 541
-
10 643
-
unemployment
362
-
1 520
-
health
509
-
2 129
-
total
9 662
-
54 331
-
Employer
36 305
-
191 369
-
pensions

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

6 172
-
25 849
-
other
1 816
-
7 601
-
accident
290
-
1 531
-
health
509
-
2 129
-
unemployment
362
-
1 520
-
total
9 149
-
38 630
-
Corporate
184 545
230 000
-
-
income
38 754
48 300
-
-
total
38 754
48 300
-
-
Dividends
145 791
181 700
-
-
withholding
10 205
12 719
-
-
total
10 205
12 719
-
-
Income
230 000
230 000
230 000
230 000
Total tax
67 770
61 019
92 961
91 073
After tax
162 230
168 981
137 039
138 927
Living cost
26 643
26 643
26 643
26 643
Free-cash
135 587
142 338
110 396
112 284

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81294
₽60769
₽85699
₽77602
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
71 349
pensions
-
-
-
10 104
total
-
-
-
81 453
Employee
95 153
-
200 428
-
income
17 152
-
57 665
-
pensions
9 180
-
12 041
-
health
1 568
-
2 700
-
total
27 900
-
72 406
-
Employer
95 153
-
200 428
-
pensions
11 235
-
25 763
-
health
1 807
-
3 809
-
total
13 042
-
29 572
-
Corporate
121 805
230 000
-
-
income

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

23 143
43 699
-
-
total
23 143
43 699
-
-
Dividends
98 662
186 301
-
-
withholding
12 963
41 446
-
-
total
12 963
41 446
-
-
Income
230 000
230 000
230 000
230 000
Total tax
77 048
85 145
101 978
81 453
After tax
152 952
144 855
128 022
148 547
Living cost
67 253
67 253
67 253
67 253
Free-cash
85 699
77 602
60 769
81 294

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽173069
₽182671
₽178899
₽183543
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
34 500
pensions

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

-
-
-
5 168
total
-
-
-
43 824
Employee
17 356
-
223 149
-
income
1 735
-
22 315
-
pensions

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

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
27 371
-
Employer
17 356
-
223 149
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
209 238
230 000
-
-
income
20 924
23 000
-
-
total
20 924
23 000
-
-
Dividends
188 314
207 000
-
-
withholding
9 416
10 350
-
-
total
9 416
10 350
-
-
Income
230 000
230 000
230 000
230 000
Total tax
37 994
33 350
34 222
43 824
After tax
192 006
196 650
195 778
186 176
Living cost
13 107
13 107
13 107
13 107
Free-cash
178 899
183 543
182 671
173 069

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67785
₽91641
₽61745
₽59229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 330
income
-
-
-
82 725
pensions
-
-
-
11 715
total
-
-
-
106 770
Employee
92 702
85 386
211 418
-
income

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

13 976
13 976
40 287
-
pensions
11 715
11 715
11 715
-
health
11 565
11 148
12 330
-
total
37 256
36 839
64 332
-
Employer
92 702
85 386
211 418
-
pensions
6 451
5 943
7 387
-
health
6 442
5 935
7 375
-
unemployment
3 338
3 074
3 820
-
total
16 231
14 952
18 582
-
Corporate
121 067
129 662
-
-
income
24 214
25 933
-
-
total
24 214
25 933
-
-
Dividends
96 853
103 729
-
-
withholding
14 527
15 559
-
-
income
20 582
22 043
-
-
total
35 109
37 602
-
-
Income
230 000
230 000
230 000
230 000
Total tax
112 810
115 326
82 914
106 770
After tax
117 190
114 674
147 086
123 230
Living cost
55 445
55 445
55 445
55 445
Free-cash
61 745
59 229
91 641
67 785

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112501
₽102330
₽125777
₽134343
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 552
health
-
-
-
31 050
income
-
-
-
24 660
solidarity contribution
-
-
-
3 225
total
-
-
-
93 487
Employee
35 311
-
183 870
-
income
4 237
-
22 703
-
solidarity contribution
-
-
2 312
-
social contributions
2 295
-
7 691
-
health
4 767
-
24 822
-
total
11 299
-
57 528
-
Employer
35 311
-
183 870
-
health
3 178
-
16 548
-
social contributions
8 828
-
29 582
-
total
12 006
-
46 130
-
Corporate
182 683
230 000
-
-
income
34 710
43 700
-
-
total
34 710
43 700
-
-
Dividends
147 973
186 300
-
-
withholding
22 196
27 945
-
-
total
22 196
27 945
-
-
Income
230 000
230 000
230 000
230 000
Total tax
80 211
71 645
103 658
93 487
After tax
149 789
158 355
126 342
136 513
Living cost
24 012
24 012
24 012
24 012
Free-cash
125 777
134 343
102 330
112 501

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽68971
₽60494
₽75301
₽80524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
social contributions
-
-
-
50 044
municipal
-
-
-
1 440
national
-
-
-
64 421
regional
-
-
-
2 932
total
-
-
-
118 837
Employee
88 864
-
230 000
-
national
15 398
-
57 729
-
social contributions
29 965
-
65 609
-
municipal
471
-
1 315
-
regional
838
-
2 661
-
total
46 672
-
127 314
-
Employer
88 864
-
230 000
-
total
-
-
-
-
Corporate
141 136
230 000
-
-
nationa
33 872
55 199
-
-
municipal
5 505
8 969
-
-
total
39 377
64 168
-
-
Dividends
101 760
165 831
-
-
withholding
26 458
43 116
-
-
total
26 458
43 116
-
-
Income
230 000
230 000
230 000
230 000
Total tax
112 507
107 284
127 314
118 837
After tax
117 493
122 716
102 686
111 163
Living cost
42 192
42 192
42 192
42 192
Free-cash
75 301
80 524
60 494
68 971

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86063
₽79950
₽119494
₽122604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
73 083
surtax
-
-
-
12 398
pensions
-
-
-
26 690
total
-
-
-
121 873
Employee
33 066
-
201 910
-
income
5 543
-
67 102
-
pensions
2 205
-
8 901
-
unemployment
2 302
-
9 288
-
health
844
-
3 402
-
other
-
-
-
-
surtax
108
-
11 203
-
total
11 002
-
99 896
-
Employer
33 066
-
201 910
-
pensions
4 408
-
17 789
-
other
-
-
-
-
health
1 505
-
6 072
-
unemployment
1 047
-
4 229
-
total
6 960
-
28 090
-
Corporate
189 974
230 000
-
-
income
49 393
59 801
-
-
total
49 393
59 801
-
-
Dividends
140 581
170 199
-
-
withholding
21 087
25 531
-
-
total
21 087
25 531
-
-
Income
230 000
230 000
230 000
230 000
Total tax
88 442
85 332
127 986
121 873
After tax
141 558
144 668
102 014
108 127
Living cost
22 064
22 064
22 064
22 064
Free-cash
119 494
122 604
79 950
86 063

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102601
₽82076
₽105550
₽98909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
71 349
pensions
-
-
-
10 104
total
-
-
-
81 453
Employee
63 769
-
200 428
-
income
11 485
-
57 665
-
pensions
5 413
-
12 041
-
health
926
-
2 700
-
total
17 824
-
72 406
-
Employer
63 769
-
200 428
-
pensions
6 903
-
25 763
-
health
1 211
-
3 809
-
total
8 114
-
29 572
-
Corporate
158 116
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.

30 042
43 699
-
-
total
30 042
43 699
-
-
Dividends
128 075
186 301
-
-
withholding
22 524
41 446
-
-
total
22 524
41 446
-
-
Income
230 000
230 000
230 000
230 000
Total tax
78 504
85 145
101 978
81 453
After tax
151 496
144 855
128 022
148 547
Living cost
45 946
45 946
45 946
45 946
Free-cash
105 550
98 909
82 076
102 601

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽106359
₽98365
₽61931
₽29593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 601
health
-
-
-
518
city
-
-
-
2 425
national
-
-
-
6 269
regional
-
-
-
13 086
pensions
-
-
-
21 161
total
-
-
-
48 060
Employee
88 449
-
207 210
-
pensions
7 431
-
15 900
-
national
419
-
5 213
-
unemployment
-
-
-
-
city
949
-
2 244
-
health
200
-
466
-
regional
2 896
-
11 721
-
total
11 895
-
35 544
-
Employer
88 449
-
207 210
-
pensions
7 431
-
15 900
-
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.

1 768
-
4 144
-
health
200
-
466
-
unemployment
-
-
-
-
total
9 399
-
20 510
-
Corporate
131 179
230 000
-
-
regional
27 744
48 644
-
-
national
11 150
19 550
-
-
total
38 894
68 194
-
-
Dividends
92 285
161 806
-
-
withholding
32 300
56 632
-
-
total
32 300
56 632
-
-
Income
230 000
230 000
230 000
230 000
Total tax
92 488
124 826
56 054
48 060
After tax
137 512
105 174
173 946
181 940
Living cost
75 581
75 581
75 581
75 581
Free-cash
61 931
29 593
98 365
106 359

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64583
₽96055
₽83958
₽67743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
31 472
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.

-
-
-
6 831
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.

-
-
-
77 070
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.

-
-
-
4 239
total
-
-
-
119 612
Employee

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

60 091
-
230 000
-
surtax

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

389
-
4 239
-
income

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

7 066
-
77 070
-
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.

6 831
-
6 831
-
total
14 286
-
88 140
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
169 909
230 000
-
-
trade
29 140
39 445
-
-
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.

1 402
1 897
-
-
income
25 487
34 500
-
-
chamber of commerce
391
476
-
-
total
56 420
76 318
-
-
Dividends
113 489
153 682
-
-
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.

1 539
2 093
-
-
withholding
27 992
38 041
-
-
total
29 531
40 134
-
-
Income
230 000
230 000
230 000
230 000
Total tax
100 237
116 452
88 140
119 612
After tax
129 763
113 548
141 860
110 388
Living cost
45 805
45 805
45 805
45 805
Free-cash
83 958
67 743
96 055
64 583

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91211
₽84155
₽87618
₽81711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 552
health
-
-
-
11 406
income
-
-
-
43 613
surtax
-
-
-
-
pensions
-
-
-
35 878
total
-
-
-
104 580
Employee
42 794
-
175 212
-
income
2 526
-
38 520
-
pensions
4 839
-
13 341
-
social contributions
1 220
-
4 992
-
surtax
-
-
-
-
total
8 585
-
56 853
-
Employer
42 794
-
175 212
-
pensions
7 030
-
22 250
-
other
1 476
-
7 329
-
health
2 996
-
17 581
-
unemployment
1 732
-
7 097
-
social contributions
129
-
526
-
total
13 363
-
54 783
-
Corporate
173 842
230 000
-
-
surtax
-
-
-
-
income
48 676
64 400
-
-
total
48 676
64 400
-
-
Dividends
125 167
165 600
-
-
surtax
-
-
-
-
social contributions
21 529
28 483
-
-
withholding
16 020
21 197
-
-
total
37 549
49 680
-
-
Income
230 000
230 000
230 000
230 000
Total tax
108 173
114 080
111 636
104 580
After tax
121 827
115 920
118 364
125 420
Living cost
34 209
34 209
34 209
34 209
Free-cash
87 618
81 711
84 155
91 211

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94600
₽87544
₽90655
₽85100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 552
health
-
-
-
11 406
income
-
-
-
43 613
surtax
-
-
-
-
pensions
-
-
-
35 878
total
-
-
-
104 580
Employee
38 199
-
175 212
-
income
1 970
-
38 520
-
pensions
4 321
-
13 341
-
social contributions
1 089
-
4 992
-
surtax
-
-
-
-
total
7 380
-
56 853
-
Employer
38 199
-
175 212
-
pensions
6 277
-
22 250
-
other
1 319
-
7 329
-
health
2 674
-
17 581
-
unemployment
1 546
-
7 097
-
social contributions
114
-
526
-
total
11 930
-
54 783
-
Corporate
179 871
230 000
-
-
surtax
-
-
-
-
income
50 365
64 400
-
-
total
50 365
64 400
-
-
Dividends
129 507
165 600
-
-
surtax
-
-
-
-
social contributions
22 274
28 483
-
-
withholding
16 576
21 197
-
-
total
38 850
49 680
-
-
Income
230 000
230 000
230 000
230 000
Total tax
108 525
114 080
111 636
104 580
After tax
121 475
115 920
118 364
125 420
Living cost
30 820
30 820
30 820
30 820
Free-cash
90 655
85 100
87 544
94 600

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126504
₽120178
₽119639
₽119117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 739
health
-
-
-
16 055
income
-
-
-
34 500
total
-
-
-
82 294
Employee
33 902
-
230 000
-
income
5 654
-
40 826
-
social contributions
4 679
-
31 739
-
health
2 366
-
16 055
-
total
12 699
-
88 620
-
Employer
33 902
-
230 000
-
total
-
-
-
-
Corporate
196 098
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%.

9 804
11 501
-
-
total
9 804
11 501
-
-
Dividends
186 294
218 499
-
-
social contributions
25 709
30 153
-
-
health
13 003
15 252
-
-
withholding
27 944
32 775
-
-
total
66 656
78 180
-
-
Income
230 000
230 000
230 000
230 000
Total tax
89 159
89 681
88 620
82 294
After tax
140 841
140 319
141 380
147 706
Living cost
21 202
21 202
21 202
21 202
Free-cash
119 639
119 117
120 178
126 504

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82512
₽25013
₽89967
₽91514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
920
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
74 461
surtax
-
-
-
197
pensions
-
-
-
21 610
total
-
-
-
112 256
Employee
49 970
39 847
190 787
-
income
5 689
2 939
62 638
-
pensions
5 117
4 080
11 962
-
unemployment
1 499
1 195
3 505
-
health
1 934
1 543
4 520
-
other
499
398
1 169
-
total
14 738
10 155
83 794
-
Employer
49 970
39 847
190 787
-
pensions
6 271
5 002
14 660
-
other
2 374
1 892
8 432
-
accident
649
518
1 518
-
health
1 888
1 507
4 415
-
payroll
1 499
1 195
5 723
-
chamber of commerce
199
159
763
-
unemployment
1 499
1 195
3 505
-
surtax
197
197
197
-
total
14 576
11 665
39 213
-
Corporate
165 454
178 487
186 992
-
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.

41 363
44 621
46 748
-
total
41 363
44 621
46 748
-
Dividends
124 091
133 866
-
-
withholding
34 124
36 813
-
-
total
34 124
36 813
-
-
Income
230 000
230 000
230 000
230 000
Total tax
104 801
103 254
169 755
112 256
After tax
125 199
126 746
60 245
117 744
Living cost
35 232
35 232
35 232
35 232
Free-cash
89 967
91 514
25 013
82 512

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63604
₽41511
₽77068
₽89476
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 929
communal

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

-
-
-
12 305
national
-
-
-
92 705
total
-
-
-
129 939
Employee

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

71 523
-
178 142
-
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.

5 364
-
13 360
-
national
21 989
-
67 598
-
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.

622
-
1 550
-
communal

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

3 730
-
9 292
-
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.

3 360
-
8 374
-
total
35 065
-
100 174
-
Employer

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

71 523
-
178 142
-
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.

6 338
-
15 783
-
accident

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

930
-
2 317
-
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.

4 398
-
10 956
-
unemployment

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

1 044
-
2 601
-
surtax
8 110
-
20 201
-
total
20 820
-
51 858
-
Corporate
137 658
230 000
-
-
surtax
550
992
-
-
income
27 532
49 623
-
-
total
28 082
50 615
-
-
Dividends
109 576
179 385
-
-
withholding

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

32 508
53 452
-
-
total
32 508
53 452
-
-
Income
230 000
230 000
230 000
230 000
Total tax
116 475
104 067
152 032
129 939
After tax
113 525
125 933
77 968
100 061
Living cost
36 457
36 457
36 457
36 457
Free-cash
77 068
89 476
41 511
63 604

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92362
₽88167
₽109699
₽116551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
73 724
pensions
-
-
-
26 227
total
-
-
-
101 528
Employee
49 772
-
200 454
-
income
10 502
-
70 291
-
pensions
2 340
-
4 357
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 663
-
76 177
-
Employer
49 772
-
200 454
-
pensions
11 745
-
21 872
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 097
-
total
15 865
-
29 546
-
Corporate
164 363
230 000
-
-
income

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

24 654
34 500
-
-
total
24 654
34 500
-
-
Dividends
139 709
195 500
-
-
withholding
30 009
42 839
-
-
total
30 009
42 839
-
-
Income
230 000
230 000
230 000
230 000
Total tax
84 191
77 339
105 723
101 528
After tax
145 809
152 661
124 277
128 472
Living cost
36 110
36 110
36 110
36 110
Free-cash
109 699
116 551
88 167
92 362

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53344
₽62511
₽61717
₽75469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
accident
-
-
-
1 939
health
-
-
-
16 161
income
-
-
-
43 806
communal
-
-
-
14 537
surtax
-
-
-
11 402
pensions
-
-
-
34 473
total
-
-
-
122 318
Employee
75 721
-
205 449
-
income
7 314
-
50 428
-
pensions
6 057
-
16 436
-
health
3 370
-
9 144
-
surtax
4 641
-
12 592
-
total
21 382
-
88 600
-
Employer
75 721
-
205 449
-
pensions
6 057
-
16 436
-
accident
681
-
1 848
-
health
2 309
-
6 267
-
total
9 047
-
24 551
-
Corporate
145 232
230 000
-
-
communal
9 802
15 525
-
-
surtax
1 526
2 415
-
-
income
21 785
34 500
-
-
total
33 113
52 440
-
-
Dividends
112 119
177 559
-
-
withholding
16 817
26 635
-
-
income
33 586
21 118
-
-
total
50 403
47 753
-
-
Income
230 000
230 000
230 000
230 000
Total tax
113 945
100 193
113 151
122 318
After tax
116 055
129 807
116 849
107 682
Living cost
54 338
54 338
54 338
54 338
Free-cash
61 717
75 469
62 511
53 344

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
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.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85668
₽79555
₽119031
₽122209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 474
income
-
-
-
73 083
surtax
-
-
-
12 398
pensions
-
-
-
26 690
total
-
-
-
121 873
Employee
33 673
-
201 910
-
income
5 645
-
67 102
-
pensions
2 247
-
8 901
-
unemployment
2 343
-
9 288
-
health
860
-
3 402
-
other
-
-
-
-
surtax
120
-
11 203
-
total
11 215
-
99 896
-
Employer
33 673
-
201 910
-
pensions
4 489
-
17 789
-
other
-
-
-
-
health
1 531
-
6 072
-
unemployment
1 068
-
4 229
-
total
7 088
-
28 090
-
Corporate
189 238
230 000
-
-
income
49 202
59 801
-
-
total
49 202
59 801
-
-
Dividends
140 037
170 199
-
-
withholding
21 005
25 531
-
-
total
21 005
25 531
-
-
Income
230 000
230 000
230 000
230 000
Total tax
88 510
85 332
127 986
121 873
After tax
141 490
144 668
102 014
108 127
Living cost
22 459
22 459
22 459
22 459
Free-cash
119 031
122 209
79 555
85 668

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83506
₽75075
₽91738
₽93959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
social contributions
-
-
-
50 044
municipal
-
-
-
1 440
national
-
-
-
64 421
regional
-
-
-
3 654
total
-
-
-
119 559
Employee
55 465
-
230 000
-
national
8 787
-
57 729
-
social contributions
18 703
-
65 609
-
municipal
294
-
1 315
-
regional
747
-
3 337
-
total
28 531
-
127 990
-
Employer
55 465
-
230 000
-
total
-
-
-
-
Corporate
174 535
230 000
-
-
nationa
41 889
55 199
-
-
municipal
8 675
11 430
-
-
total
50 564
66 629
-
-
Dividends
123 971
163 370
-
-
withholding
32 232
42 477
-
-
total
32 232
42 477
-
-
Income
230 000
230 000
230 000
230 000
Total tax
111 327
109 106
127 990
119 559
After tax
118 673
120 894
102 010
110 441
Living cost
26 935
26 935
26 935
26 935
Free-cash
91 738
93 959
75 075
83 506

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
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.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106924
₽96753
₽118210
₽128766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 552
health
-
-
-
31 050
income
-
-
-
24 660
solidarity contribution
-
-
-
3 225
total
-
-
-
93 487
Employee
43 513
-
183 870
-
income
5 222
-
22 703
-
solidarity contribution
-
-
2 312
-
social contributions
2 828
-
7 691
-
health
5 874
-
24 822
-
total
13 924
-
57 528
-
Employer
43 513
-
183 870
-
health
3 916
-
16 548
-
social contributions
10 878
-
29 582
-
total
14 794
-
46 130
-
Corporate
171 693
230 000
-
-
income
32 622
43 700
-
-
total
32 622
43 700
-
-
Dividends
139 071
186 300
-
-
withholding
20 861
27 945
-
-
total
20 861
27 945
-
-
Income
230 000
230 000
230 000
230 000
Total tax
82 201
71 645
103 658
93 487
After tax
147 799
158 355
126 342
136 513
Living cost
29 589
29 589
29 589
29 589
Free-cash
118 210
128 766
96 753
106 924

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86041
₽28394
₽94458
₽94952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
920
unemployment
-
-
-
6 133
health
-
-
-
8 935
income
-
-
-
74 461
surtax
-
-
-
-
pensions
-
-
-
21 610
total
-
-
-
112 059
Employee
43 708
39 847
190 969
-
income
3 894
2 939
62 725
-
pensions
4 476
4 080
11 962
-
unemployment
1 311
1 195
3 505
-
health
1 691
1 543
4 520
-
other
436
398
1 169
-
total
11 808
10 155
83 881
-
Employer
43 708
39 847
190 969
-
pensions
5 486
5 002
14 660
-
other
2 076
1 892
8 440
-
accident
567
518
1 518
-
health
1 653
1 507
4 415
-
payroll
1 311
1 195
5 728
-
chamber of commerce
175
159
765
-
unemployment
1 311
1 195
3 505
-
surtax
-
-
-
-
total
12 579
11 468
39 031
-
Corporate
173 714
178 685
187 174
-
income

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

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

43 427
44 670
46 794
-
total
43 427
44 670
46 794
-
Dividends
130 286
134 014
-
-
withholding
35 828
36 855
-
-
total
35 828
36 855
-
-
Income
230 000
230 000
230 000
230 000
Total tax
103 642
103 148
169 706
112 059
After tax
126 358
126 852
60 294
117 941
Living cost
31 900
31 900
31 900
31 900
Free-cash
94 458
94 952
28 394
86 041

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽213659
₽169959
₽201826
₽204459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 552
-
230 000
-
income
3 511
-
46 000
-
total
3 511
-
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%.

212 448
230 000
-
-
total
-
-
-
-
Dividends
212 448
230 000
-
-
withholding
10 622
11 500
-
-
total
10 622
11 500
-
-
Income
230 000
230 000
230 000
230 000
Total tax
14 133
11 500
46 000
2 300
After tax
215 867
218 500
184 000
227 700
Living cost
14 041
14 041
14 041
14 041
Free-cash
201 826
204 459
169 959
213 659

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79428
₽74435
₽123171
₽131536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
345
health
-
-
-
22 633
income
-
-
-
58 771
pensions
-
-
-
42 004
total
-
-
-
123 753
Employee

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

44 215
-
199 014
-
income
7 625
-
53 777
-
pensions
6 854
-
30 847
-
unemployment
63
-
279
-
health
2 856
-
12 857
-
total
17 398
-
97 760
-
Employer

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

44 215
-
199 014
-
pensions
3 913
-
17 612
-
health
2 945
-
13 254
-
unemployment
27
-
120
-
total
6 885
-
30 986
-
Corporate
178 901
230 000
-
-
income
33 991
43 701
-
-
total
33 991
43 701
-
-
Dividends
144 909
186 299
-
-
withholding
21 736
27 944
-
-
total
21 736
27 944
-
-
Income
230 000
230 000
230 000
230 000
Total tax
80 010
71 645
128 746
123 753
After tax
149 990
158 355
101 254
106 247
Living cost
26 819
26 819
26 819
26 819
Free-cash
123 171
131 536
74 435
79 428

Estimated living cost  is ₽26819 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115908
₽173838
₽49445
₽96892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
81 270
230 000
-
-
income
17 879
50 600
-
-
total
17 879
50 600
-
-
Dividends
63 391
179 400
-
-
income
13 946
39 468
-
-
total
13 946
39 468
-
-
Income
230 000
230 000
230 000
230 000
Total tax
137 515
90 068
13 122
71 052
After tax
92 485
139 932
216 878
158 948
Living cost
43 040
43 040
43 040
43 040
Free-cash
49 445
96 892
173 838
115 908

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88355
₽70206
₽98454
₽99462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 357
surtax
-
-
-
-
total
-
-
-
110 282
Employee
45 987
-
185 859
-
income
9 565
-
63 505
-
social contributions
5 059
-
20 445
-
surtax
-
-
340
-
total
14 624
-
84 290
-
Employer
45 987
-
185 859
-
social contributions
10 922
-
44 141
-
total
10 922
-
44 141
-
Corporate
173 091
230 000
-
-
surtax
-
-
-
-
income
36 350
48 300
-
-
total
36 350
48 300
-
-
Dividends
136 741
181 700
-
-
withholding
38 287
50 875
-
-
total
38 287
50 875
-
-
Income
230 000
230 000
230 000
230 000
Total tax
100 183
99 175
128 431
110 282
After tax
129 817
130 825
101 569
119 718
Living cost
31 363
31 363
31 363
31 363
Free-cash
98 454
99 462
70 206
88 355

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77127
₽70071
₽74502
₽67627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 552
health
-
-
-
11 406
income
-
-
-
43 613
surtax
-
-
-
-
pensions
-
-
-
35 878
total
-
-
-
104 580
Employee
62 625
-
175 212
-
income
5 464
-
38 520
-
pensions
7 083
-
13 341
-
social contributions
1 784
-
4 992
-
surtax
-
-
-
-
total
14 331
-
56 853
-
Employer
62 625
-
175 212
-
pensions
10 290
-
22 250
-
other
2 161
-
7 329
-
health
4 383
-
17 581
-
unemployment
2 537
-
7 097
-
social contributions
188
-
526
-
total
19 559
-
54 783
-
Corporate
147 816
230 000
-
-
surtax
-
-
-
-
income
41 388
64 400
-
-
total
41 388
64 400
-
-
Dividends
106 428
165 600
-
-
surtax
-
-
-
-
social contributions
18 305
28 483
-
-
withholding
13 622
21 197
-
-
total
31 927
49 680
-
-
Income
230 000
230 000
230 000
230 000
Total tax
107 205
114 080
111 636
104 580
After tax
122 795
115 920
118 364
125 420
Living cost
48 293
48 293
48 293
48 293
Free-cash
74 502
67 627
70 071
77 127

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137475
₽143589
₽173584
₽176945
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
social contributions
-
-
-
50 600
income
-
-
-
11 869
total
-
-
-
62 469
Employee
32 145
-
199 134
-
social contributions
2 089
-
12 943
-
income
-
-
12 548
-
total
2 089
-
25 491
-
Employer
32 145
-
199 134
-
social contributions
4 983
-
30 864
-
total
4 983
-
30 864
-
Corporate
192 872
230 000
-
-
income
19 288
22 999
-
-
total
19 288
22 999
-
-
Dividends
173 584
207 001
-
-
total
-
-
-
-
Income
230 000
230 000
230 000
230 000
Total tax
26 360
22 999
56 355
62 469
After tax
203 640
207 001
173 645
167 531
Living cost
30 056
30 056
30 056
30 056
Free-cash
173 584
176 945
143 589
137 475

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
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.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84370
₽12076
₽6876
₽12076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
49 508
national
-
-
-
28 754
labour market
-
-
-
18 331
pensions
-
-
-
867
total
-
-
-
97 460
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
12 077
-
-
-
income
2 657
-
-
-
total
2 657
-
-
-
Dividends
9 420
-
-
-
withholding
2 543
-
-
-
total
2 543
-
-
-
Income
230 000
230 000
230 000
230 000
Total tax
174 954
169 754
169 754
97 460
After tax
55 046
60 246
60 246
132 540
Living cost
48 170
48 170
48 170
48 170
Free-cash
6 876
12 076
12 076
84 370

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135441
₽105257
₽15319
-₽2961
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
66 030
pensions
-
-
-
4 145
total
-
-
-
72 968
Employee
33 964
-
210 359
-
income
4 659
-
51 826
-
pensions
3 825
-
7 599
-
health
3 889
-
24 086
-
total
12 373
-
83 511
-
Employer
33 964
-
210 359
-
pensions
5 522
-
10 974
-
accident
567
-
3 513
-
unemployment
832
-
5 154
-
total
6 921
-
19 641
-
Corporate
189 115
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.

170 203
207 000
-
-
total
170 203
207 000
-
-
Dividends
18 911
23 000
-
-
withholding
3 593
4 370
-
-
total
3 593
4 370
-
-
Income
230 000
230 000
230 000
230 000
Total tax
193 090
211 370
103 152
72 968
After tax
36 910
18 630
126 848
157 032
Living cost
21 591
21 591
21 591
21 591
Free-cash
15 319
-2 961
105 257
135 441

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102133
₽75785
₽105477
₽102388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
40 837
health
-
-
-
3 125
national
-
-
-
45 517
total
-
-
-
89 479
Employee
52 606
-
193 489
-
pensions
3 550
-
13 060
-
national
869
-
29 296
-
municipal
8 616
-
31 494
-
unemployment
789
-
2 903
-
health
393
-
2 562
-
total
14 217
-
79 315
-
Employer
52 606
-
193 489
-
pensions
9 127
-
33 570
-
accident
53
-
194
-
health
404
-
1 490
-
unemployment
342
-
1 258
-
total
9 926
-
36 512
-
Corporate
167 468
230 000
-
-
income
33 494
46 000
-
-
total
33 494
46 000
-
-
Dividends

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

100 480
138 000
-
-
municipal
18 087
24 840
-
-
national
10 411
18 384
-
-
total
28 498
43 224
-
-
Income
230 000
230 000
230 000
230 000
Total tax
86 135
89 224
115 827
89 479
After tax
143 865
140 776
114 173
140 521
Living cost
38 388
38 388
38 388
38 388
Free-cash
105 477
102 388
75 785
102 133

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131357
₽129480
₽139020
₽144462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 178
health
-
-
-
5 865
income
-
-
-
53 450
total
-
-
-
75 493
Employee
76 887
76 887
217 372
-
income
8 372
7 117
52 441
-
social contributions
2 907
6 381
8 607
-
health
596
1 307
3 694
-
total
11 875
14 805
64 742
-
Employer
76 887
76 887
217 372
-
health
647
1 423
4 021
-
social contributions
2 907
6 381
8 607
-
total
3 554
7 804
12 628
-
Corporate
191 421
145 309
-
-
income
23 927
18 165
-
-
total
23 927
18 165
-
-
Dividends
167 494
127 145
-
-
withholding
28 474
21 614
-
-
total
28 474
21 614
-
-
Income
230 000
230 000
230 000
230 000
Total tax
67 830
62 388
77 370
75 493
After tax
162 170
167 612
152 630
154 507
Living cost
23 150
23 150
23 150
23 150
Free-cash
139 020
144 462
129 480
131 357

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽180273
₽160216
₽169499
₽174589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
23 846
pensions
-
-
-
6 360
total
-
-
-
33 852
Employee

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

22 951
-
220 228
-
income
1 569
-
21 368
-
pensions
3 442
-
14 231
-
unemployment
114
-
474
-
health
1 951
-
8 064
-
total
7 076
-
44 137
-
Employer

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

22 951
-
220 228
-
pensions
1 262
-
5 218
-
health
987
-
4 080
-
unemployment
114
-
474
-
total
2 363
-
9 772
-
Corporate
204 687
230 000
-
-
income
18 423
20 700
-
-
total
18 423
20 700
-
-
Dividends
186 264
209 300
-
-
withholding
16 764
18 836
-
-
total
16 764
18 836
-
-
Income
230 000
230 000
230 000
230 000
Total tax
44 626
39 536
53 909
33 852
After tax
185 374
190 464
176 091
196 148
Living cost
15 875
15 875
15 875
15 875
Free-cash
169 499
174 589
160 216
180 273

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100976
₽96781
₽120749
₽125165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
73 724
pensions
-
-
-
26 227
total
-
-
-
101 528
Employee
36 972
-
200 454
-
income
7 128
-
70 291
-
pensions
1 738
-
4 357
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 475
-
76 177
-
Employer
36 972
-
200 454
-
pensions
8 725
-
21 872
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 097
-
total
11 787
-
29 546
-
Corporate
181 241
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.

27 187
34 500
-
-
total
27 187
34 500
-
-
Dividends
154 054
195 500
-
-
withholding
33 306
42 839
-
-
total
33 306
42 839
-
-
Income
230 000
230 000
230 000
230 000
Total tax
81 755
77 339
105 723
101 528
After tax
148 245
152 661
124 277
128 472
Living cost
27 496
27 496
27 496
27 496
Free-cash
120 749
125 165
96 781
100 976

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145154
₽144958
₽140332
₽140782
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 448
income
-
-
-
78 663
pensions
-
-
-
1 997
total
-
-
-
82 108
Employee
4 171
-
227 753
-
income
807
-
78 558
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
80 056
-
Employer
4 171
-
227 753
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
224 891
230 000
-
-
income
49 476
50 600
-
-
total
49 476
50 600
-
-
Dividends
175 415
179 400
-
-
withholding
35 083
35 880
-
-
total
35 083
35 880
-
-
Income
230 000
230 000
230 000
230 000
Total tax
86 930
86 480
82 304
82 108
After tax
143 070
143 520
147 696
147 892
Living cost
2 738
2 738
2 738
2 738
Free-cash
140 332
140 782
144 958
145 154

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131450
₽131450
₽143962
₽148882
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
53 323
pensions
-
-
-
19 214
total
-
-
-
81 257
Employee

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

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

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

26 076
-
216 772
-
income
3 594
-
53 323
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
68 029
-
Employer

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

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

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

26 076
-
216 772
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
199 256
230 000
-
-
income
29 888
34 500
-
-
total
29 888
34 500
-
-
Dividends
169 368
195 500
-
-
withholding
25 405
29 325
-
-
total
25 405
29 325
-
-
Income
230 000
230 000
230 000
230 000
Total tax
68 745
63 825
81 257
81 257
After tax
161 255
166 175
148 743
148 743
Living cost
17 293
17 293
17 293
17 293
Free-cash
143 962
148 882
131 450
131 450

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92762
₽74613
₽103508
₽103869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 357
surtax
-
-
-
-
total
-
-
-
110 282
Employee
38 808
-
185 859
-
income
7 583
-
63 505
-
social contributions
4 269
-
20 445
-
surtax
-
-
340
-
total
11 852
-
84 290
-
Employer
38 808
-
185 859
-
social contributions
9 216
-
44 141
-
total
9 216
-
44 141
-
Corporate
181 976
230 000
-
-
surtax
-
-
-
-
income
38 215
48 300
-
-
total
38 215
48 300
-
-
Dividends
143 761
181 700
-
-
withholding
40 253
50 875
-
-
total
40 253
50 875
-
-
Income
230 000
230 000
230 000
230 000
Total tax
99 536
99 175
128 431
110 282
After tax
130 464
130 825
101 569
119 718
Living cost
26 956
26 956
26 956
26 956
Free-cash
103 508
103 869
74 613
92 762

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
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.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93332
₽89137
₽110979
₽117521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
73 724
pensions
-
-
-
26 227
total
-
-
-
101 528
Employee
48 290
-
200 454
-
income
10 086
-
70 291
-
pensions
2 269
-
4 357
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 150
-
76 177
-
Employer
48 290
-
200 454
-
pensions
11 396
-
21 872
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 097
-
total
15 395
-
29 546
-
Corporate
166 314
230 000
-
-
income

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

24 948
34 500
-
-
total
24 948
34 500
-
-
Dividends
141 366
195 500
-
-
withholding
30 388
42 839
-
-
total
30 388
42 839
-
-
Income
230 000
230 000
230 000
230 000
Total tax
83 881
77 339
105 723
101 528
After tax
146 119
152 661
124 277
128 472
Living cost
35 140
35 140
35 140
35 140
Free-cash
110 979
117 521
89 137
93 332

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168979
₽178581
₽173361
₽179453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
34 500
pensions

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

-
-
-
5 168
total
-
-
-
43 824
Employee
22 772
-
223 149
-
income
2 278
-
22 315
-
pensions

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

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
27 371
-
Employer
22 772
-
223 149
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
202 760
230 000
-
-
income
20 276
23 000
-
-
total
20 276
23 000
-
-
Dividends
182 484
207 000
-
-
withholding
9 124
10 350
-
-
total
9 124
10 350
-
-
Income
230 000
230 000
230 000
230 000
Total tax
39 442
33 350
34 222
43 824
After tax
190 558
196 650
195 778
186 176
Living cost
17 197
17 197
17 197
17 197
Free-cash
173 361
179 453
178 581
168 979

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76924
₽103257
₽92758
₽79677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
26 333
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.

-
-
-
6 831
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.

-
-
-
77 070
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.

-
-
-
4 239
total
-
-
-
114 473
Employee

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

49 751
-
230 000
-
surtax

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

226
-
4 239
-
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.

4 091
-
77 070
-
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.

6 831
-
6 831
-
total
11 148
-
88 140
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 249
230 000
-
-
trade
25 866
33 005
-
-
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.

1 488
1 897
-
-
income
27 037
34 500
-
-
chamber of commerce
416
490
-
-
total
54 807
69 892
-
-
Dividends
125 443
160 108
-
-
surtax

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

1 704
2 180
-
-
withholding
30 980
39 648
-
-
total
32 684
41 828
-
-
Income
230 000
230 000
230 000
230 000
Total tax
98 639
111 720
88 140
114 473
After tax
131 361
118 280
141 860
115 527
Living cost
38 603
38 603
38 603
38 603
Free-cash
92 758
79 677
103 257
76 924

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57947
₽57947
₽106249
₽104042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 621
income
-
-
-
75 474
total
-
-
-
115 095
Employee
78 213
-
230 000
-
social contributions
6 498
-
39 621
-
income
14 759
-
75 474
-
total
21 257
-
115 095
-
Employer
78 213
-
230 000
-
total
-
-
-
-
Corporate
151 787
230 000
-
-
income
18 973
28 751
-
-
total
18 973
28 751
-
-
Dividends
132 814
201 249
-
-
withholding
26 563
40 249
-
-
total
26 563
40 249
-
-
Income
230 000
230 000
230 000
230 000
Total tax
66 793
69 000
115 095
115 095
After tax
163 207
161 000
114 905
114 905
Living cost
56 958
56 958
56 958
56 958
Free-cash
106 249
104 042
57 947
57 947

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
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.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152529
₽123952
₽111415
₽107921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
6 675
income
-
-
-
34 500
total
-
-
-
41 175
Employee
45 869
-
225 401
-
social contributions
4 596
-
4 599
-
income
4 977
-
60 554
-
total
9 573
-
65 153
-
Employer
45 869
-
225 401
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
179 535
230 000
-
-
income
62 837
80 500
-
-
total
62 837
80 500
-
-
Dividends
116 699
149 500
-
-
social contributions
5 283
5 283
-
-
total
5 283
5 283
-
-
Income
230 000
230 000
230 000
230 000
Total tax
82 289
85 783
69 752
41 175
After tax
147 711
144 217
160 248
188 825
Living cost
36 296
36 296
36 296
36 296
Free-cash
111 415
107 921
123 952
152 529

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111195
₽90670
₽113456
₽107503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
71 349
pensions
-
-
-
10 104
total
-
-
-
81 453
Employee
51 271
-
200 428
-
income
9 337
-
57 665
-
pensions
3 913
-
12 041
-
health
669
-
2 700
-
total
13 919
-
72 406
-
Employer
51 271
-
200 428
-
pensions
5 180
-
25 763
-
health
974
-
3 809
-
total
6 154
-
29 572
-
Corporate
172 574
230 000
-
-
income

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

32 790
43 699
-
-
total
32 790
43 699
-
-
Dividends
139 784
186 301
-
-
withholding
26 329
41 446
-
-
total
26 329
41 446
-
-
Income
230 000
230 000
230 000
230 000
Total tax
79 192
85 145
101 978
81 453
After tax
150 808
144 855
128 022
148 547
Living cost
37 352
37 352
37 352
37 352
Free-cash
113 456
107 503
90 670
111 195

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽133304
₽103120
₽14991
-₽5098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
66 030
pensions
-
-
-
4 145
total
-
-
-
72 968
Employee
37 325
-
210 359
-
income
5 121
-
51 826
-
pensions
4 203
-
7 599
-
health
4 274
-
24 086
-
total
13 598
-
83 511
-
Employer
37 325
-
210 359
-
pensions
6 069
-
10 974
-
accident
623
-
3 513
-
unemployment
914
-
5 154
-
total
7 606
-
19 641
-
Corporate
185 068
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.

166 561
207 000
-
-
total
166 561
207 000
-
-
Dividends
18 507
23 000
-
-
withholding
3 516
4 370
-
-
total
3 516
4 370
-
-
Income
230 000
230 000
230 000
230 000
Total tax
191 281
211 370
103 152
72 968
After tax
38 719
18 630
126 848
157 032
Living cost
23 728
23 728
23 728
23 728
Free-cash
14 991
-5 098
103 120
133 304

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
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.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133805
₽155783
₽159425
₽162449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
799
unemployment
-
-
-
1 918
income
-
-
-
38 737
health insurance
-
-
-
11 829
pensions
-
-
-
29 411
total
-
-
-
82 694
Employee

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

21 601
-
230 000
-
income
2 160
-
38 737
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
60 716
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
208 399
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%.

20 840
23 000
-
-
total
20 840
23 000
-
-
Dividends
187 559
207 000
-
-
withholding
28 134
31 050
-
-
total
28 134
31 050
-
-
Income
230 000
230 000
230 000
230 000
Total tax
57 074
54 050
60 716
82 694
After tax
172 926
175 950
169 284
147 306
Living cost
13 501
13 501
13 501
13 501
Free-cash
159 425
162 449
155 783
133 805

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68423
₽60208
₽76767
₽81315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
social contributions
-
-
-
50 044
municipal
-
-
-
1 620
national
-
-
-
64 421
regional
-
-
-
5 659
total
-
-
-
121 744
Employee
84 257
-
230 000
-
national
14 239
-
57 729
-
social contributions
28 411
-
65 609
-
municipal
503
-
1 480
-
regional
1 272
-
5 141
-
total
44 425
-
129 959
-
Employer
84 257
-
230 000
-
total
-
-
-
-
Corporate
145 743
230 000
-
-
nationa
34 978
55 199
-
-
municipal
7 024
11 087
-
-
total
42 002
66 286
-
-
Dividends
103 741
163 714
-
-
withholding
26 973
42 566
-
-
total
26 973
42 566
-
-
Income
230 000
230 000
230 000
230 000
Total tax
113 400
108 852
129 959
121 744
After tax
116 600
121 148
100 041
108 256
Living cost
39 833
39 833
39 833
39 833
Free-cash
76 767
81 315
60 208
68 423

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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