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
₽87457
₽112582
₽83232
₽97844
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
230 000
income

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

-
-
-
78 261
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.

-
-
-
4 305
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.

-
-
-
6 414
trade
-
-
-
29 350
total
-
-
-
118 330
Employee

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

35 910
-
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.

55
-
4 305
-
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.

1 003
-
78 261
-
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.

6 414
-
6 414
-
total
7 472
-
88 980
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 090
230 000
-
-
income
29 113
34 501
-
-
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.

1 602
1 898
-
-
chamber of commerce
422
472
-
-
trade
30 569
36 226
-
-
total
61 706
73 097
-
-
Dividends
132 384
156 904
-
-
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.

1 801
2 138
-
-
withholding
32 739
38 870
-
-
total
34 540
41 008
-
-
Income
230 000
230 000
230 000
230 000
Total tax
103 718
114 105
88 980
118 330
After tax
126 282
115 895
141 020
111 670
Living cost
28 438
28 438
28 438
28 438
Free-cash
97 844
87 457
112 582
83 232

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93569
₽81703
₽80467
₽92739
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 596
national
-
-
-
43 913
pensions
-
-
-
27 600
total
-
-
-
99 582
Employee
77 434
-
198 833
-
municipal
9 564
-
26 486
-
pensions
3 097
-
7 953
-
national
14 821
-
45 863
-
total
27 482
-
80 302
-
Employer
77 434
-
198 833
-
pensions
6 195
-
15 907
-
social contributions
832
-
2 137
-
total
7 027
-
18 044
-
Corporate
140 429
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%.

28 086
46 000
-
-
total
28 086
46 000
-
-
Dividends
112 343
184 000
-
-
withholding
24 715
40 480
-
-
total
24 715
40 480
-
-
Income
230 000
230 000
230 000
230 000
Total tax
87 310
86 480
98 346
99 582
After tax
142 690
143 520
131 654
130 418
Living cost
49 951
49 951
49 951
49 951
Free-cash
92 739
93 569
81 703
80 467

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164467
₽81455
₽65388
₽156765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
230 000
income
-
-
-
50 456
surtax
-
-
-
58 650
social contributions

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

-
-
-
35 973
microenterprise
-
-
-
-
total
-
-
-
145 079
Employee
27 434
-
182 922
-
surtax
-
-
26 524
-
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.

3 018
-
12 308
-
income
4 884
-
43 104
-
total
7 902
-
81 936
-
Employer
27 434
-
182 922
-
social contributions

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

6 608
-
26 955
-
surtax
-
-
20 121
-
total
6 608
-
47 076
-
Corporate
195 957
230 000
-
-
income

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

39 192
46 000
-
-
total
39 192
46 000
-
-
Dividends

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

156 765
184 000
-
-
total
-
-
-
-
Income
230 000
230 000
230 000
230 000
Total tax
53 702
46 000
129 012
145 079
After tax
176 298
184 000
100 988
84 921
Living cost
19 533
19 533
19 533
19 533
Free-cash
156 765
164 467
81 455
65 388

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75504
₽107732
₽83152
₽69751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
84 940
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
107 517
Employee
80 176
80 176
212 552
-
pensions
14 432
11 000
11 000
-
income

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

13 124
13 124
42 912
-
health
12 306
10 467
11 577
-
total
39 862
34 591
65 489
-
Employer
80 176
80 176
212 552
-
health
5 573
5 573
6 925
-
pensions
5 580
5 580
6 936
-
unemployment
2 886
2 886
3 587
-
total
14 039
14 039
17 448
-
Corporate
136 767
135 784
-
-
income
27 353
27 157
-
-
total
27 353
27 157
-
-
Dividends
109 415
108 627
-
-
income
23 251
23 084
-
-
withholding
16 413
16 294
-
-
total
39 664
39 378
-
-
Income
230 000
230 000
230 000
230 000
Total tax
120 918
115 165
82 937
107 517
After tax
109 082
114 835
147 063
122 483
Living cost
39 331
39 331
39 331
39 331
Free-cash
69 751
75 504
107 732
83 152

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87817
₽75519
₽76436
₽86967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 617
unemployment
-
-
-
83
health
-
-
-
5 164
municipal
-
-
-
61 436
national
-
-
-
30 389
pensions
-
-
-
8 947
total
-
-
-
115 801
Employee
53 808
-
203 996
-
municipal
16 046
-
60 832
-
national
-
-
29 882
-
total
16 046
-
90 714
-
Employer
53 808
-
203 996
-
health
3 309
-
5 090
-
pensions
5 817
-
8 947
-
accident
108
-
165
-
unemployment
1 421
-
2 185
-
other
6 253
-
9 617
-
total
16 908
-
26 004
-
Corporate
159 285
230 000
-
-
income
35 043
50 600
-
-
total
35 043
50 600
-
-
Dividends
124 242
179 400
-
-
withholding
37 273
53 820
-
-
total
37 273
53 820
-
-
Income
230 000
230 000
230 000
230 000
Total tax
105 270
104 420
116 718
115 801
After tax
124 730
125 580
113 282
114 199
Living cost
37 763
37 763
37 763
37 763
Free-cash
86 967
87 817
75 519
76 436

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77832
₽104137
₽73483
₽91023
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
230 000
income

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

-
-
-
78 261
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.

-
-
-
4 305
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.

-
-
-
6 414
trade
-
-
-
30 654
total
-
-
-
119 634
Employee

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

47 612
-
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.

224
-
4 305
-
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
-
78 261
-
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.

6 414
-
6 414
-
total
10 729
-
88 980
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 388
230 000
-
-
income
27 358
34 501
-
-
surtax

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

1 506
1 898
-
-
chamber of commerce
403
470
-
-
trade
30 002
37 834
-
-
total
59 269
74 703
-
-
Dividends
123 119
155 297
-
-
surtax

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

1 673
2 115
-
-
withholding
30 423
38 467
-
-
total
32 096
40 582
-
-
Income
230 000
230 000
230 000
230 000
Total tax
102 094
115 285
88 980
119 634
After tax
127 906
114 715
141 020
110 366
Living cost
36 883
36 883
36 883
36 883
Free-cash
91 023
77 832
104 137
73 483

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137124
₽121669
₽123517
₽133231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
54 974
social contributions
-
-
-
15 191
health
-
-
-
5 865
total
-
-
-
76 030
Employee
72 195
72 195
217 888
-
social contributions
3 508
5 992
8 082
-
income
7 581
6 683
53 980
-
health
718
1 228
3 704
-
total
11 807
13 903
65 766
-
Employer
72 195
72 195
217 888
-
health
782
1 336
4 030
-
social contributions
3 508
5 992
8 082
-
total
4 290
7 328
12 112
-
Corporate
183 450
150 477
-
-
income
22 930
18 809
-
-
total
22 930
18 809
-
-
Dividends
160 519
131 667
-
-
withholding
27 289
22 383
-
-
total
27 289
22 383
-
-
Income
230 000
230 000
230 000
230 000
Total tax
66 316
62 423
77 878
76 030
After tax
163 684
167 577
152 122
153 970
Living cost
30 453
30 453
30 453
30 453
Free-cash
133 231
137 124
121 669
123 517

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112236
₽116509
₽142508
₽112588
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
192 469
-
unemployment
364
145
2 887
-
pensions
2 429
967
19 247
-
income
2 969
1 182
23 529
-
health
1 700
677
13 473
-
total
7 462
2 971
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.

24 286
9 665
192 469
-
pensions
4 736
1 885
37 531
-
total
4 736
1 885
37 531
-
Corporate
200 979
218 450
-
-
income
18 088
19 660
-
-
total
18 088
19 660
-
-
Dividends
182 891
198 789
-
-
social contributions
35 553
38 654
-
-
withholding
34 749
37 770
-
-
total
70 302
76 424
-
-
Income
230 000
230 000
230 000
230 000
Total tax
100 588
100 940
96 667
70 668
After tax
129 412
129 060
133 333
159 332
Living cost
16 824
16 824
16 824
16 824
Free-cash
112 588
112 236
116 509
142 508

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161323
₽109891
₽100603
₽155489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
30 820
health
-
-
-
29 900
pensions
-
-
-
46 000
total
-
-
-
106 720
Employee
26 635
-
171 899
-
unemployment
426
-
2 751
-
pensions
533
-
3 439
-
income
2 999
-
33 141
-
total
3 958
-
39 331
-
Employer
26 635
-
171 899
-
health
3 462
-
22 346
-
pensions
5 327
-
34 380
-
unemployment
214
-
1 375
-
total
9 003
-
58 101
-
Corporate
194 363
230 000
-
-
income
38 873
46 000
-
-
total
38 873
46 000
-
-
Dividends
155 489
184 000
-
-
total
-
-
-
-
Income
230 000
230 000
230 000
230 000
Total tax
51 834
46 000
97 432
106 720
After tax
178 166
184 000
132 568
123 280
Living cost
22 677
22 677
22 677
22 677
Free-cash
155 489
161 323
109 891
100 603

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽2301
₽106194
₽136072
₽15418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
66 370
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
72 997
Employee
32 926
-
210 832
-
pensions
3 708
-
7 259
-
income
4 517
-
52 308
-
health
3 770
-
24 140
-
total
11 995
-
83 707
-
Employer
32 926
-
210 832
-
pensions
5 354
-
10 482
-
accident
550
-
3 521
-
unemployment
807
-
5 165
-
total
6 711
-
19 168
-
Corporate
190 364
230 000
-
-
income

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

171 328
207 000
-
-
total
171 328
207 000
-
-
Dividends
19 036
23 000
-
-
withholding
3 617
4 370
-
-
total
3 617
4 370
-
-
Income
230 000
230 000
230 000
230 000
Total tax
193 651
211 370
102 875
72 997
After tax
36 349
18 630
127 125
157 003
Living cost
20 931
20 931
20 931
20 931
Free-cash
15 418
-2 301
106 194
136 072

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽210949
₽176449
₽220149
₽209534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
230 000
microenterprise

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

-
-
-
2 300
total
-
-
-
2 300
Employee
9 438
-
230 000
-
income
1 887
-
46 000
-
total
1 887
-
46 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

220 562
230 000
-
-
total
-
-
-
-
Dividends
220 562
230 000
-
-
withholding
11 028
11 500
-
-
total
11 028
11 500
-
-
Income
230 000
230 000
230 000
230 000
Total tax
12 915
11 500
46 000
2 300
After tax
217 085
218 500
184 000
227 700
Living cost
7 551
7 551
7 551
7 551
Free-cash
209 534
210 949
176 449
220 149

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143963
₽114105
₽115959
₽137625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
41 695
other
-
-
-
6 781
health
-
-
-
6 282
pensions

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

-
-
-
34 266
total
-
-
-
89 024
Employee
34 090
-
193 616
-
unemployment
340
-
1 427
-
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.

2 386
-
9 994
-
income
5 869
-
41 075
-
health
477
-
1 999
-
total
9 072
-
54 495
-
Employer
34 090
-
193 616
-
health
477
-
1 999
-
pensions

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

5 796
-
24 272
-
accident
273
-
1 548
-
unemployment
340
-
1 427
-
other
1 705
-
7 137
-
total
8 591
-
36 383
-
Corporate
187 319
230 000
-
-
income
39 336
48 300
-
-
total
39 336
48 300
-
-
Dividends
147 983
181 700
-
-
withholding
10 359
12 720
-
-
total
10 359
12 720
-
-
Income
230 000
230 000
230 000
230 000
Total tax
67 358
61 020
90 878
89 024
After tax
162 642
168 980
139 122
140 976
Living cost
25 017
25 017
25 017
25 017
Free-cash
137 625
143 963
114 105
115 959

Estimated living cost  is ₽25017 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80647
₽64244
₽84707
₽88233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
72 540
pensions
-
-
-
9 757
total
-
-
-
82 297
Employee
89 130
-
200 325
-
pensions
8 599
-
11 532
-
income
16 067
-
58 896
-
health
1 469
-
2 656
-
total
26 135
-
73 084
-
Employer
89 130
-
200 325
-
health
1 693
-
3 807
-
pensions
10 524
-
25 869
-
total
12 217
-
29 676
-
Corporate
128 653
230 000
-
-
income

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

24 443
43 701
-
-
total
24 443
43 701
-
-
Dividends
104 210
186 299
-
-
withholding
15 976
42 656
-
-
total
15 976
42 656
-
-
Income
230 000
230 000
230 000
230 000
Total tax
78 771
86 357
102 760
82 297
After tax
151 229
143 643
127 240
147 703
Living cost
62 996
62 996
62 996
62 996
Free-cash
88 233
80 647
64 244
84 707

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
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.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽184340
₽184148
₽174433
₽179980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
34 500
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
43 257
Employee
16 300
-
223 566
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 880
-
income
1 630
-
22 357
-
health
750
-
1 509
-
total
3 990
-
27 107
-
Employer
16 300
-
223 566
-
health
1 125
-
2 263
-
pensions

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

1 796
-
3 614
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
unemployment
97
-
197
-
total
3 197
-
6 435
-
Corporate
210 501
230 000
-
-
income
21 050
23 000
-
-
total
21 050
23 000
-
-
Dividends
189 451
207 000
-
-
withholding
9 473
10 350
-
-
total
9 473
10 350
-
-
Income
230 000
230 000
230 000
230 000
Total tax
37 710
33 350
33 542
43 257
After tax
192 290
196 650
196 458
186 743
Living cost
12 310
12 310
12 310
12 310
Free-cash
179 980
184 340
184 148
174 433

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62773
₽95001
₽70421
₽65134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
84 940
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
107 517
Employee
87 046
80 176
212 552
-
pensions
11 000
11 000
11 000
-
income

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

13 124
13 124
42 912
-
health
10 859
10 467
11 577
-
total
34 983
34 591
65 489
-
Employer
87 046
80 176
212 552
-
health
6 049
5 573
6 925
-
pensions
6 058
5 580
6 936
-
unemployment
3 134
2 886
3 587
-
total
15 241
14 039
17 448
-
Corporate
127 713
135 784
-
-
income
25 542
27 157
-
-
total
25 542
27 157
-
-
Dividends
102 171
108 627
-
-
income
21 712
23 084
-
-
withholding
15 326
16 294
-
-
total
37 038
39 378
-
-
Income
230 000
230 000
230 000
230 000
Total tax
112 804
115 165
82 937
107 517
After tax
117 196
114 835
147 063
122 483
Living cost
52 062
52 062
52 062
52 062
Free-cash
65 134
62 773
95 001
70 421

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and 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 Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽135365
₽104033
₽114318
₽127163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
24 880
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
3 680
health
-
-
-
31 050
total
-
-
-
92 692
Employee
33 809
-
185 024
-
solidarity contribution
-
-
2 757
-
social contributions
2 198
-
7 364
-
income
4 057
-
22 902
-
health
4 564
-
24 978
-
total
10 819
-
58 001
-
Employer
33 809
-
185 024
-
health
3 043
-
16 652
-
social contributions
8 452
-
28 324
-
total
11 495
-
44 976
-
Corporate
184 695
230 000
-
-
income
35 092
43 700
-
-
total
35 092
43 700
-
-
Dividends
149 603
186 300
-
-
withholding
22 441
27 945
-
-
total
22 441
27 945
-
-
Income
230 000
230 000
230 000
230 000
Total tax
79 847
71 645
102 977
92 692
After tax
150 153
158 355
127 023
137 308
Living cost
22 990
22 990
22 990
22 990
Free-cash
127 163
135 365
104 033
114 318

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83096
₽64445
₽72405
₽78195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 991
regional
-
-
-
2 997
municipal
-
-
-
1 465
national
-
-
-
66 525
total
-
-
-
117 978
Employee
83 442
-
230 000
-
municipal
442
-
1 347
-
national
14 458
-
60 241
-
regional
787
-
2 744
-
social contributions
28 137
-
61 606
-
total
43 824
-
125 938
-
Employer
83 442
-
230 000
-
total
-
-
-
-
Corporate
146 558
230 000
-
-
municipal
5 716
8 971
-
-
nationa
35 174
55 201
-
-
total
40 890
64 172
-
-
Dividends
105 668
165 829
-
-
withholding
27 474
43 115
-
-
total
27 474
43 115
-
-
Income
230 000
230 000
230 000
230 000
Total tax
112 188
107 287
125 938
117 978
After tax
117 812
122 713
104 062
112 022
Living cost
39 617
39 617
39 617
39 617
Free-cash
78 195
83 096
64 445
72 405

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123953
₽81529
₽87268
₽121030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
74 938
other
-
-
-
-
surtax
-
-
-
12 905
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
122 014
Employee
31 048
-
203 624
-
other
-
-
-
-
unemployment
2 161
-
8 721
-
pensions
2 070
-
8 358
-
surtax
102
-
11 782
-
income
5 204
-
69 322
-
health
793
-
3 195
-
total
10 330
-
101 378
-
Employer
31 048
-
203 624
-
health
1 413
-
5 701
-
pensions
4 139
-
16 703
-
unemployment
983
-
3 971
-
other
-
-
-
-
total
6 535
-
26 375
-
Corporate
192 417
230 000
-
-
income
50 028
59 799
-
-
total
50 028
59 799
-
-
Dividends
142 388
170 201
-
-
withholding
21 359
25 530
-
-
total
21 359
25 530
-
-
Income
230 000
230 000
230 000
230 000
Total tax
88 252
85 329
127 753
122 014
After tax
141 748
144 671
102 247
107 986
Living cost
20 718
20 718
20 718
20 718
Free-cash
121 030
123 953
81 529
87 268

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100606
₽84203
₽104666
₽106830
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
72 540
pensions
-
-
-
9 757
total
-
-
-
82 297
Employee
59 733
-
200 325
-
pensions
5 070
-
11 532
-
income
10 758
-
58 896
-
health
867
-
2 656
-
total
16 695
-
73 084
-
Employer
59 733
-
200 325
-
health
1 135
-
3 807
-
pensions
6 466
-
25 869
-
total
7 601
-
29 676
-
Corporate
162 666
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.

30 907
43 701
-
-
total
30 907
43 701
-
-
Dividends
131 759
186 299
-
-
withholding
24 930
42 656
-
-
total
24 930
42 656
-
-
Income
230 000
230 000
230 000
230 000
Total tax
80 133
86 357
102 760
82 297
After tax
149 867
143 643
127 240
147 703
Living cost
43 037
43 037
43 037
43 037
Free-cash
106 830
100 606
84 203
104 666

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30892
₽99606
₽107344
₽62677
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
other

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

-
-
-
4 600
regional
-
-
-
13 202
health
-
-
-
517
city
-
-
-
2 425
national
-
-
-
6 471
pensions
-
-
-
21 161
total
-
-
-
48 376
Employee
86 926
-
207 301
-
unemployment
-
-
-
-
pensions
7 303
-
15 808
-
national
411
-
5 349
-
regional
2 846
-
11 828
-
city
933
-
2 245
-
health
197
-
465
-
total
11 690
-
35 695
-
Employer
86 926
-
207 301
-
health
197
-
465
-
pensions
7 303
-
15 808
-
unemployment
-
-
-
-
other

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

1 738
-
4 146
-
total
9 238
-
20 419
-
Corporate
132 880
230 000
-
-
regional
28 103
48 645
-
-
national
11 294
19 551
-
-
total
39 397
68 196
-
-
Dividends
93 483
161 805
-
-
withholding
32 718
56 632
-
-
total
32 718
56 632
-
-
Income
230 000
230 000
230 000
230 000
Total tax
93 043
124 828
56 114
48 376
After tax
136 957
105 172
173 886
181 624
Living cost
74 280
74 280
74 280
74 280
Free-cash
62 677
30 892
99 606
107 344

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽70520
₽98010
₽66052
₽85745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
230 000
income

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

-
-
-
78 261
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.

-
-
-
4 305
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.

-
-
-
6 414
trade
-
-
-
31 958
total
-
-
-
120 938
Employee

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

56 425
-
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.

365
-
4 305
-
income

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

6 635
-
78 261
-
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.

6 414
-
6 414
-
total
13 414
-
88 980
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 575
230 000
-
-
income
26 036
34 501
-
-
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.

1 432
1 898
-
-
chamber of commerce
387
467
-
-
trade
29 769
39 445
-
-
total
57 624
76 311
-
-
Dividends
115 951
153 690
-
-
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.

1 575
2 093
-
-
withholding
28 632
38 066
-
-
total
30 207
40 159
-
-
Income
230 000
230 000
230 000
230 000
Total tax
101 245
116 470
88 980
120 938
After tax
128 755
113 530
141 020
109 062
Living cost
43 010
43 010
43 010
43 010
Free-cash
85 745
70 520
98 010
66 052

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83797
₽84177
₽92111
₽89345
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 491
other
-
-
-
7 130
surtax
-
-
-
-
social contributions
-
-
-
6 553
health
-
-
-
11 741
pensions
-
-
-
34 852
total
-
-
-
105 767
Employee
40 183
-
174 616
-
pensions
4 543
-
13 548
-
surtax
-
-
-
-
social contributions
1 146
-
4 975
-
income
2 371
-
39 792
-
total
8 060
-
58 315
-
Employer
40 183
-
174 616
-
health
2 813
-
17 822
-
pensions
6 601
-
22 557
-
unemployment
1 627
-
7 072
-
social contributions
121
-
524
-
other
1 386
-
7 411
-
total
12 548
-
55 386
-
Corporate
177 269
230 000
-
-
income
49 635
64 400
-
-
surtax
-
-
-
-
total
49 635
64 400
-
-
Dividends
127 634
165 600
-
-
surtax
-
-
-
-
social contributions
21 954
28 484
-
-
withholding
16 336
21 197
-
-
total
38 290
49 681
-
-
Income
230 000
230 000
230 000
230 000
Total tax
108 533
114 081
113 701
105 767
After tax
121 467
115 919
116 299
124 233
Living cost
32 122
32 122
32 122
32 122
Free-cash
89 345
83 797
84 177
92 111

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
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.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽86979
₽87359
₽95293
₽92198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 491
other
-
-
-
7 130
surtax
-
-
-
-
social contributions
-
-
-
6 553
health
-
-
-
11 741
pensions
-
-
-
34 852
total
-
-
-
105 767
Employee
35 869
-
174 616
-
pensions
4 057
-
13 548
-
surtax
-
-
-
-
social contributions
1 023
-
4 975
-
income
1 849
-
39 792
-
total
6 929
-
58 315
-
Employer
35 869
-
174 616
-
health
2 510
-
17 822
-
pensions
5 894
-
22 557
-
unemployment
1 452
-
7 072
-
social contributions
107
-
524
-
other
1 238
-
7 411
-
total
11 201
-
55 386
-
Corporate
182 930
230 000
-
-
income
51 220
64 400
-
-
surtax
-
-
-
-
total
51 220
64 400
-
-
Dividends
131 710
165 600
-
-
surtax
-
-
-
-
social contributions
22 654
28 484
-
-
withholding
16 858
21 197
-
-
total
39 512
49 681
-
-
Income
230 000
230 000
230 000
230 000
Total tax
108 862
114 081
113 701
105 767
After tax
121 138
115 919
116 299
124 233
Living cost
28 940
28 940
28 940
28 940
Free-cash
92 198
86 979
87 359
95 293

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120412
₽121158
₽127798
₽120901
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
34 501
social contributions
-
-
-
31 739
health
-
-
-
16 053
total
-
-
-
82 293
Employee
31 834
-
230 000
-
social contributions
4 394
-
31 739
-
income
5 309
-
41 141
-
health
2 222
-
16 053
-
total
11 925
-
88 933
-
Employer
31 834
-
230 000
-
total
-
-
-
-
Corporate
198 166
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%.

9 908
11 501
-
-
total
9 908
11 501
-
-
Dividends
188 258
218 499
-
-
social contributions
25 979
30 153
-
-
withholding
28 238
32 774
-
-
health
13 140
15 251
-
-
total
67 357
78 178
-
-
Income
230 000
230 000
230 000
230 000
Total tax
89 190
89 679
88 933
82 293
After tax
140 810
140 321
141 067
147 707
Living cost
19 909
19 909
19 909
19 909
Free-cash
120 901
120 412
121 158
127 798

Estimated living cost  is ₽19909 per week

₽13324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93561
₽26777
₽84440
₽92106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
76 934
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
919
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
112 478
Employee
46 921
37 416
192 221
-
other
469
374
1 098
-
unemployment
1 408
1 122
3 291
-
pensions
4 805
3 831
11 232
-
income
5 342
2 760
65 333
-
health
1 816
1 449
4 244
-
total
13 840
9 536
85 198
-
Employer
46 921
37 416
192 221
-
chamber of commerce
187
150
770
-
health
1 773
1 415
4 146
-
pensions
5 889
4 697
13 765
-
accident
609
486
1 425
-
unemployment
1 408
1 122
3 291
-
surtax
185
185
185
-
payroll
1 408
1 122
5 767
-
other
2 229
1 776
8 429
-
total
13 688
10 953
37 778
-
Corporate
169 392
181 630
188 657
-
income

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

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

42 347
45 408
47 165
-
total
42 347
45 408
47 165
-
Dividends
127 045
136 222
-
-
withholding
34 937
37 460
-
-
total
34 937
37 460
-
-
Income
230 000
230 000
230 000
230 000
Total tax
104 812
103 357
170 141
112 478
After tax
125 188
126 643
59 859
117 522
Living cost
33 082
33 082
33 082
33 082
Free-cash
92 106
93 561
26 777
84 440

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90934
₽43136
₽65899
₽80184
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
communal

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

-
-
-
12 395
social contributions
-
-
-
23 408
national
-
-
-
94 065
total
-
-
-
129 868
Employee

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

67 159
-
178 142
-
unemployment

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

584
-
1 550
-
communal

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

3 503
-
9 292
-
pensions

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

5 037
-
13 361
-
national
20 647
-
68 198
-
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.

3 155
-
8 372
-
total
32 926
-
100 773
-
Employer

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

67 159
-
178 142
-
health

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

4 130
-
10 956
-
pensions

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

5 951
-
15 784
-
accident

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

873
-
2 316
-
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.

980
-
2 601
-
surtax
7 615
-
20 201
-
total
19 549
-
51 858
-
Corporate
143 293
230 000
-
-
income
28 659
50 664
-
-
surtax
574
1 014
-
-
total
29 233
51 678
-
-
Dividends
114 060
178 322
-
-
withholding

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

33 875
53 155
-
-
total
33 875
53 155
-
-
Income
230 000
230 000
230 000
230 000
Total tax
115 583
104 833
152 631
129 868
After tax
114 417
125 167
77 369
100 132
Living cost
34 233
34 233
34 233
34 233
Free-cash
80 184
90 934
43 136
65 899

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽118623
₽90504
₽94445
₽112191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
income
-
-
-
75 541
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
101 648
Employee
46 735
-
202 257
-
other
46
-
87
-
unemployment
725
-
1 349
-
pensions
2 197
-
4 091
-
income
9 861
-
72 318
-
total
12 829
-
77 845
-
Employer
46 735
-
202 257
-
pensions
11 029
-
20 538
-
accident
925
-
1 723
-
unemployment
2 571
-
4 786
-
other
372
-
697
-
total
14 897
-
27 744
-
Corporate
168 368
230 000
-
-
income

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

25 256
34 501
-
-
total
25 256
34 501
-
-
Dividends
143 113
195 499
-
-
withholding
30 920
42 969
-
-
total
30 920
42 969
-
-
Income
230 000
230 000
230 000
230 000
Total tax
83 902
77 470
105 589
101 648
After tax
146 098
152 530
124 411
128 352
Living cost
33 907
33 907
33 907
33 907
Free-cash
112 191
118 623
90 504
94 445

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
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.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77581
₽64608
₽56324
₽64669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
communal
-
-
-
14 537
accident
-
-
-
1 880
income
-
-
-
45 638
surtax
-
-
-
11 515
health
-
-
-
15 665
pensions
-
-
-
33 418
total
-
-
-
122 653
Employee
71 101
-
205 448
-
pensions
5 687
-
16 436
-
surtax
4 358
-
12 591
-
income
6 868
-
51 649
-
health
3 164
-
9 142
-
total
20 077
-
89 818
-
Employer
71 101
-
205 448
-
health
2 168
-
6 266
-
pensions
5 687
-
16 436
-
accident
640
-
1 849
-
total
8 495
-
24 551
-
Corporate
150 404
230 000
-
-
communal
10 152
15 526
-
-
income
22 560
34 501
-
-
surtax
1 579
2 414
-
-
total
34 291
52 441
-
-
Dividends
116 114
177 559
-
-
income
34 027
22 320
-
-
withholding
17 418
26 635
-
-
total
51 445
48 955
-
-
Income
230 000
230 000
230 000
230 000
Total tax
114 308
101 396
114 369
122 653
After tax
115 692
128 604
115 631
107 347
Living cost
51 023
51 023
51 023
51 023
Free-cash
64 669
77 581
64 608
56 324

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123583
₽81159
₽86898
₽120595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
74 938
other
-
-
-
-
surtax
-
-
-
12 905
unemployment
-
-
-
214
health
-
-
-
8 896
pensions
-
-
-
25 061
total
-
-
-
122 014
Employee
31 618
-
203 624
-
other
-
-
-
-
unemployment
2 200
-
8 721
-
pensions
2 110
-
8 358
-
surtax
112
-
11 782
-
income
5 301
-
69 322
-
health
807
-
3 195
-
total
10 530
-
101 378
-
Employer
31 618
-
203 624
-
health
1 438
-
5 701
-
pensions
4 216
-
16 703
-
unemployment
1 003
-
3 971
-
other
-
-
-
-
total
6 657
-
26 375
-
Corporate
191 725
230 000
-
-
income
49 848
59 799
-
-
total
49 848
59 799
-
-
Dividends
141 877
170 201
-
-
withholding
21 282
25 530
-
-
total
21 282
25 530
-
-
Income
230 000
230 000
230 000
230 000
Total tax
88 317
85 329
127 753
122 014
After tax
141 683
144 671
102 247
107 986
Living cost
21 088
21 088
21 088
21 088
Free-cash
120 595
123 583
81 159
86 898

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95601
₽78097
₽86012
₽93518
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 991
regional
-
-
-
3 716
municipal
-
-
-
1 465
national
-
-
-
66 525
total
-
-
-
118 697
Employee
52 081
-
230 000
-
municipal
276
-
1 347
-
national
8 251
-
60 241
-
regional
701
-
3 418
-
social contributions
17 562
-
61 606
-
total
26 790
-
126 612
-
Employer
52 081
-
230 000
-
total
-
-
-
-
Corporate
177 919
230 000
-
-
municipal
8 843
11 431
-
-
nationa
42 700
55 201
-
-
total
51 543
66 632
-
-
Dividends
126 376
163 368
-
-
withholding
32 858
42 476
-
-
total
32 858
42 476
-
-
Income
230 000
230 000
230 000
230 000
Total tax
111 191
109 108
126 612
118 697
After tax
118 809
120 892
103 388
111 303
Living cost
25 291
25 291
25 291
25 291
Free-cash
93 518
95 601
78 097
86 012

Estimated living cost  is ₽25291 per week

₽15729
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.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130025
₽98693
₽108978
₽119918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
24 880
social contributions
-
-
-
33 082
solidarity contribution
-
-
-
3 680
health
-
-
-
31 050
total
-
-
-
92 692
Employee
41 662
-
185 024
-
solidarity contribution
-
-
2 757
-
social contributions
2 708
-
7 364
-
income
4 999
-
22 902
-
health
5 624
-
24 978
-
total
13 331
-
58 001
-
Employer
41 662
-
185 024
-
health
3 750
-
16 652
-
social contributions
10 416
-
28 324
-
total
14 166
-
44 976
-
Corporate
174 173
230 000
-
-
income
33 093
43 700
-
-
total
33 093
43 700
-
-
Dividends
141 080
186 300
-
-
withholding
21 162
27 945
-
-
total
21 162
27 945
-
-
Income
230 000
230 000
230 000
230 000
Total tax
81 752
71 645
102 977
92 692
After tax
148 248
158 355
127 023
137 308
Living cost
28 330
28 330
28 330
28 330
Free-cash
119 918
130 025
98 693
108 978

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96788
₽29948
₽87753
₽96323
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
76 934
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
919
health
-
-
-
8 390
pensions
-
-
-
20 292
total
-
-
-
112 293
Employee
41 041
37 416
192 395
-
other
410
374
1 098
-
unemployment
1 231
1 122
3 291
-
pensions
4 203
3 831
11 232
-
income
3 656
2 760
65 420
-
health
1 587
1 449
4 244
-
total
11 087
9 536
85 285
-
Employer
41 041
37 416
192 395
-
chamber of commerce
164
150
770
-
health
1 552
1 415
4 146
-
pensions
5 151
4 697
13 765
-
accident
533
486
1 425
-
unemployment
1 231
1 122
3 291
-
surtax
-
-
-
-
payroll
1 231
1 122
5 773
-
other
1 949
1 776
8 435
-
total
11 811
10 768
37 605
-
Corporate
177 148
181 816
188 832
-
income

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

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

44 288
45 455
47 208
-
total
44 288
45 455
47 208
-
Dividends
132 860
136 361
-
-
withholding
36 537
37 499
-
-
total
36 537
37 499
-
-
Income
230 000
230 000
230 000
230 000
Total tax
103 723
103 258
170 098
112 293
After tax
126 277
126 742
59 902
117 707
Living cost
29 954
29 954
29 954
29 954
Free-cash
96 323
96 788
29 948
87 753

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽206733
₽172233
₽215933
₽204526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 709
-
230 000
-
income
2 942
-
46 000
-
total
2 942
-
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%.

215 291
230 000
-
-
total
-
-
-
-
Dividends
215 291
230 000
-
-
withholding
10 765
11 500
-
-
total
10 765
11 500
-
-
Income
230 000
230 000
230 000
230 000
Total tax
13 707
11 500
46 000
2 300
After tax
216 293
218 500
184 000
227 700
Living cost
11 767
11 767
11 767
11 767
Free-cash
204 526
206 733
172 233
215 933

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133173
₽74622
₽79614
₽125319
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
230 000
income
-
-
-
60 220
unemployment
-
-
-
346
health
-
-
-
22 633
pensions
-
-
-
42 004
total
-
-
-
125 203
Employee

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

41 517
-
199 014
-
unemployment
59
-
278
-
pensions
6 435
-
30 847
-
income
7 160
-
55 228
-
health
2 681
-
12 857
-
total
16 335
-
99 210
-
Employer

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

41 517
-
199 014
-
health
2 765
-
13 254
-
pensions
3 674
-
17 612
-
unemployment
25
-
119
-
total
6 464
-
30 985
-
Corporate
182 019
230 000
-
-
income
34 583
43 700
-
-
total
34 583
43 700
-
-
Dividends
147 436
186 300
-
-
withholding
22 116
27 944
-
-
total
22 116
27 944
-
-
Income
230 000
230 000
230 000
230 000
Total tax
79 498
71 644
130 195
125 203
After tax
150 502
158 356
99 805
104 797
Living cost
25 183
25 183
25 183
25 183
Free-cash
125 319
133 173
74 622
79 614

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
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.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99831
₽177673
₽118847
₽55624
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
44 832
social contributions
-
-
-
26 220
total
-
-
-
71 052
Employee
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
Corporate
91 426
230 000
-
-
income
20 114
50 600
-
-
total
20 114
50 600
-
-
Dividends
71 312
179 400
-
-
income
15 689
39 468
-
-
total
15 689
39 468
-
-
Income
230 000
230 000
230 000
230 000
Total tax
134 275
90 068
12 226
71 052
After tax
95 725
139 932
217 774
158 948
Living cost
40 101
40 101
40 101
40 101
Free-cash
55 624
99 831
177 673
118 847

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101374
₽70916
₽89580
₽100429
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
230 000
income
-
-
-
31 045
surtax
-
-
-
-
social contributions

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

-
-
-
79 925
total
-
-
-
110 970
Employee
43 181
-
185 858
-
surtax
-
-
572
-
social contributions
4 750
-
20 445
-
income
8 982
-
64 475
-
total
13 732
-
85 492
-
Employer
43 181
-
185 858
-
social contributions
10 255
-
44 142
-
total
10 255
-
44 142
-
Corporate
176 563
230 000
-
-
income
37 079
48 300
-
-
surtax
-
-
-
-
total
37 079
48 300
-
-
Dividends
139 484
181 700
-
-
withholding
39 055
50 876
-
-
total
39 055
50 876
-
-
Income
230 000
230 000
230 000
230 000
Total tax
100 121
99 176
129 634
110 970
After tax
129 879
130 824
100 366
119 030
Living cost
29 450
29 450
29 450
29 450
Free-cash
100 429
101 374
70 916
89 580

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70572
₽70952
₽78886
₽77027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 491
other
-
-
-
7 130
surtax
-
-
-
-
social contributions
-
-
-
6 553
health
-
-
-
11 741
pensions
-
-
-
34 852
total
-
-
-
105 767
Employee
58 804
-
174 616
-
pensions
6 651
-
13 548
-
surtax
-
-
-
-
social contributions
1 675
-
4 975
-
income
5 131
-
39 792
-
total
13 457
-
58 315
-
Employer
58 804
-
174 616
-
health
4 116
-
17 822
-
pensions
9 662
-
22 557
-
unemployment
2 382
-
7 072
-
social contributions
176
-
524
-
other
2 029
-
7 411
-
total
18 365
-
55 386
-
Corporate
152 830
230 000
-
-
income
42 793
64 400
-
-
surtax
-
-
-
-
total
42 793
64 400
-
-
Dividends
110 038
165 600
-
-
surtax
-
-
-
-
social contributions
18 927
28 484
-
-
withholding
14 084
21 197
-
-
total
33 011
49 681
-
-
Income
230 000
230 000
230 000
230 000
Total tax
107 626
114 081
113 701
105 767
After tax
122 374
115 919
116 299
124 233
Living cost
45 347
45 347
45 347
45 347
Free-cash
77 027
70 572
70 952
78 886

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178778
₽145051
₽138940
₽175624
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
12 238
social contributions
-
-
-
50 600
total
-
-
-
62 838
Employee
30 184
-
199 134
-
income
-
-
12 917
-
social contributions
1 962
-
12 944
-
total
1 962
-
25 861
-
Employer
30 184
-
199 134
-
social contributions
4 679
-
30 866
-
total
4 679
-
30 866
-
Corporate
195 137
230 000
-
-
income
19 513
23 000
-
-
total
19 513
23 000
-
-
Dividends
175 624
207 000
-
-
total
-
-
-
-
Income
230 000
230 000
230 000
230 000
Total tax
26 154
23 000
56 727
62 838
After tax
203 846
207 000
173 273
167 162
Living cost
28 222
28 222
28 222
28 222
Free-cash
175 624
178 778
145 051
138 940

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25442
₽25442
₽86699
₽13443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
labour market
-
-
-
18 335
municipal
-
-
-
49 829
national
-
-
-
29 107
pensions
-
-
-
814
total
-
-
-
98 085
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
25 443
-
-
-
income
5 598
-
-
-
total
5 598
-
-
-
Dividends
19 846
-
-
-
withholding
6 401
-
-
-
total
6 401
-
-
-
Income
230 000
230 000
230 000
230 000
Total tax
171 341
159 342
159 342
98 085
After tax
58 659
70 658
70 658
131 915
Living cost
45 216
45 216
45 216
45 216
Free-cash
13 443
25 442
25 442
86 699

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1992
₽106503
₽136381
₽15467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
66 370
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
72 997
Employee
32 441
-
210 832
-
pensions
3 653
-
7 259
-
income
4 450
-
52 308
-
health
3 715
-
24 140
-
total
11 818
-
83 707
-
Employer
32 441
-
210 832
-
pensions
5 275
-
10 482
-
accident
542
-
3 521
-
unemployment
795
-
5 165
-
total
6 612
-
19 168
-
Corporate
190 948
230 000
-
-
income

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

171 853
207 000
-
-
total
171 853
207 000
-
-
Dividends
19 095
23 000
-
-
withholding
3 628
4 370
-
-
total
3 628
4 370
-
-
Income
230 000
230 000
230 000
230 000
Total tax
193 911
211 370
102 875
72 997
After tax
36 089
18 630
127 125
157 003
Living cost
20 622
20 622
20 622
20 622
Free-cash
15 467
-1 992
106 503
136 381

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103821
₽76566
₽102912
₽106961
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
230 000
health
-
-
-
3 150
municipal
-
-
-
40 833
national
-
-
-
47 059
total
-
-
-
91 042
Employee
49 396
-
193 488
-
municipal
8 091
-
31 490
-
unemployment
741
-
2 902
-
pensions
3 334
-
13 060
-
national
816
-
30 836
-
health
369
-
2 587
-
total
13 351
-
80 875
-
Employer
49 396
-
193 488
-
health
380
-
1 490
-
pensions
8 570
-
33 571
-
accident
50
-
194
-
unemployment
321
-
1 258
-
total
9 321
-
36 513
-
Corporate
171 284
230 000
-
-
income
34 257
46 000
-
-
total
34 257
46 000
-
-
Dividends

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

102 770
138 000
-
-
municipal
18 499
24 840
-
-
national
11 565
19 293
-
-
total
30 064
44 133
-
-
Income
230 000
230 000
230 000
230 000
Total tax
86 993
90 133
117 388
91 042
After tax
143 007
139 867
112 612
138 958
Living cost
36 046
36 046
36 046
36 046
Free-cash
106 961
103 821
76 566
102 912

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145839
₽130384
₽132232
₽140728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
54 974
social contributions
-
-
-
15 191
health
-
-
-
5 865
total
-
-
-
76 030
Employee
72 195
72 195
217 888
-
social contributions
2 730
5 992
8 082
-
income
7 861
6 683
53 980
-
health
559
1 228
3 704
-
total
11 150
13 903
65 766
-
Employer
72 195
72 195
217 888
-
health
608
1 336
4 030
-
social contributions
2 730
5 992
8 082
-
total
3 338
7 328
12 112
-
Corporate
193 775
150 477
-
-
income
24 222
18 809
-
-
total
24 222
18 809
-
-
Dividends
169 553
131 667
-
-
withholding
28 824
22 383
-
-
total
28 824
22 383
-
-
Income
230 000
230 000
230 000
230 000
Total tax
67 534
62 423
77 878
76 030
After tax
162 466
167 577
152 122
153 970
Living cost
21 738
21 738
21 738
21 738
Free-cash
140 728
145 839
130 384
132 232

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
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.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175555
₽162930
₽181762
₽170780
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
230 000
income
-
-
-
23 934
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
33 331
Employee

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

21 550
-
220 824
-
unemployment
107
-
445
-
pensions
3 232
-
13 363
-
income
1 473
-
21 607
-
health
1 832
-
7 572
-
total
6 644
-
42 987
-
Employer

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

21 550
-
220 824
-
health
926
-
3 831
-
pensions
1 185
-
4 900
-
unemployment
107
-
445
-
total
2 218
-
9 176
-
Corporate
206 231
230 000
-
-
income
18 560
20 700
-
-
total
18 560
20 700
-
-
Dividends
187 671
209 300
-
-
withholding
16 891
18 838
-
-
total
16 891
18 838
-
-
Income
230 000
230 000
230 000
230 000
Total tax
44 313
39 538
52 163
33 331
After tax
185 687
190 462
177 837
196 669
Living cost
14 907
14 907
14 907
14 907
Free-cash
170 780
175 555
162 930
181 762

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126712
₽98593
₽102534
₽122567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
income
-
-
-
75 541
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
101 648
Employee
34 716
-
202 257
-
other
34
-
87
-
unemployment
538
-
1 349
-
pensions
1 632
-
4 091
-
income
6 693
-
72 318
-
total
8 897
-
77 845
-
Employer
34 716
-
202 257
-
pensions
8 192
-
20 538
-
accident
688
-
1 723
-
unemployment
1 910
-
4 786
-
other
278
-
697
-
total
11 068
-
27 744
-
Corporate
184 216
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.

27 632
34 501
-
-
total
27 632
34 501
-
-
Dividends
156 584
195 499
-
-
withholding
34 018
42 969
-
-
total
34 018
42 969
-
-
Income
230 000
230 000
230 000
230 000
Total tax
81 615
77 470
105 589
101 648
After tax
148 385
152 530
124 411
128 352
Living cost
25 818
25 818
25 818
25 818
Free-cash
122 567
126 712
98 593
102 534

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141623
₽146355
₽146489
₽141311
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
79 227
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
81 614
Employee
2 889
-
228 443
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
79 154
-
health
144
-
346
-
total
992
-
80 192
-
Employer
2 889
-
228 443
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
226 460
230 000
-
-
income
49 821
50 600
-
-
total
49 821
50 600
-
-
Dividends
176 639
179 400
-
-
withholding
35 328
35 880
-
-
total
35 328
35 880
-
-
Income
230 000
230 000
230 000
230 000
Total tax
86 792
86 480
81 748
81 614
After tax
143 208
143 520
148 252
148 386
Living cost
1 897
1 897
1 897
1 897
Free-cash
141 311
141 623
146 355
146 489

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149930
₽133937
₽133938
₽145305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
230 000
income
-
-
-
53 576
unemployment
-
-
-
1 041
health
-
-
-
7 150
pensions
-
-
-
18 050
total
-
-
-
79 817
Employee

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

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

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

24 497
-
217 574
-
unemployment
184
-
521
-
pensions
3 430
-
9 719
-
income
3 377
-
53 576
-
health
1 262
-
3 575
-
total
8 253
-
67 391
-
Employer

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

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

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

24 497
-
217 574
-
health
1 262
-
3 575
-
pensions
2 940
-
8 331
-
unemployment
184
-
521
-
total
4 386
-
12 427
-
Corporate
201 118
230 000
-
-
income
30 168
34 500
-
-
total
30 168
34 500
-
-
Dividends
170 951
195 500
-
-
withholding
25 643
29 325
-
-
total
25 643
29 325
-
-
Income
230 000
230 000
230 000
230 000
Total tax
68 450
63 825
79 818
79 817
After tax
161 550
166 175
150 182
150 183
Living cost
16 245
16 245
16 245
16 245
Free-cash
145 305
149 930
133 937
133 938

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105513
₽75055
₽93719
₽105174
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
230 000
income
-
-
-
31 045
surtax
-
-
-
-
social contributions

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

-
-
-
79 925
total
-
-
-
110 970
Employee
36 440
-
185 858
-
surtax
-
-
572
-
social contributions
4 009
-
20 445
-
income
7 120
-
64 475
-
total
11 129
-
85 492
-
Employer
36 440
-
185 858
-
social contributions
8 654
-
44 142
-
total
8 654
-
44 142
-
Corporate
184 906
230 000
-
-
income
38 830
48 300
-
-
surtax
-
-
-
-
total
38 830
48 300
-
-
Dividends
146 076
181 700
-
-
withholding
40 901
50 876
-
-
total
40 901
50 876
-
-
Income
230 000
230 000
230 000
230 000
Total tax
99 514
99 176
129 634
110 970
After tax
130 486
130 824
100 366
119 030
Living cost
25 312
25 312
25 312
25 312
Free-cash
105 174
105 513
75 055
93 719

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119534
₽91415
₽95356
₽113391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
income
-
-
-
75 541
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
101 648
Employee
45 344
-
202 257
-
other
45
-
87
-
unemployment
702
-
1 349
-
pensions
2 131
-
4 091
-
income
9 471
-
72 318
-
total
12 349
-
77 845
-
Employer
45 344
-
202 257
-
pensions
10 701
-
20 538
-
accident
898
-
1 723
-
unemployment
2 494
-
4 786
-
other
363
-
697
-
total
14 456
-
27 744
-
Corporate
170 200
230 000
-
-
income

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

25 530
34 501
-
-
total
25 530
34 501
-
-
Dividends
144 670
195 499
-
-
withholding
31 278
42 969
-
-
total
31 278
42 969
-
-
Income
230 000
230 000
230 000
230 000
Total tax
83 613
77 470
105 589
101 648
After tax
146 387
152 530
124 411
128 352
Living cost
32 996
32 996
32 996
32 996
Free-cash
113 391
119 534
91 415
95 356

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽180499
₽180307
₽170592
₽174777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
34 500
unemployment
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
43 257
Employee
21 387
-
223 566
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 880
-
income
2 139
-
22 357
-
health
984
-
1 509
-
total
5 236
-
27 107
-
Employer
21 387
-
223 566
-
health
1 476
-
2 263
-
pensions

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

2 357
-
3 614
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
unemployment
128
-
197
-
total
4 196
-
6 435
-
Corporate
204 417
230 000
-
-
income
20 442
23 000
-
-
total
20 442
23 000
-
-
Dividends
183 975
207 000
-
-
withholding
9 198
10 350
-
-
total
9 198
10 350
-
-
Income
230 000
230 000
230 000
230 000
Total tax
39 072
33 350
33 542
43 257
After tax
190 928
196 650
196 458
186 743
Living cost
16 151
16 151
16 151
16 151
Free-cash
174 777
180 499
180 307
170 592

Estimated living cost  is ₽16151 per week

₽10682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82014
₽104772
₽78030
₽94298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
230 000
income

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

-
-
-
78 261
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.

-
-
-
4 305
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.

-
-
-
6 414
trade
-
-
-
26 742
total
-
-
-
115 722
Employee

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

46 715
-
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.

212
-
4 305
-
income

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

3 841
-
78 261
-
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.

6 414
-
6 414
-
total
10 467
-
88 980
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
183 285
230 000
-
-
income
27 493
34 501
-
-
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.

1 513
1 898
-
-
chamber of commerce
412
479
-
-
trade
26 301
33 004
-
-
total
55 719
69 882
-
-
Dividends
127 566
160 118
-
-
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.

1 734
2 183
-
-
withholding
31 534
39 673
-
-
total
33 268
41 856
-
-
Income
230 000
230 000
230 000
230 000
Total tax
99 454
111 738
88 980
115 722
After tax
130 546
118 262
141 020
114 278
Living cost
36 248
36 248
36 248
36 248
Free-cash
94 298
82 014
104 772
78 030

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107518
₽60166
₽60166
₽109591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
76 481
social contributions
-
-
-
39 870
total
-
-
-
116 351
Employee
73 441
-
230 000
-
income
13 858
-
76 481
-
social contributions
6 101
-
39 870
-
total
19 959
-
116 351
-
Employer
73 441
-
230 000
-
total
-
-
-
-
Corporate
156 559
230 000
-
-
income
19 570
28 749
-
-
total
19 570
28 749
-
-
Dividends
136 989
201 251
-
-
withholding
27 397
40 250
-
-
total
27 397
40 250
-
-
Income
230 000
230 000
230 000
230 000
Total tax
66 926
68 999
116 351
116 351
After tax
163 074
161 001
113 649
113 649
Living cost
53 483
53 483
53 483
53 483
Free-cash
109 591
107 518
60 166
60 166

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110457
₽125508
₽155737
₽113740
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
230 000
income
-
-
-
34 501
health

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

-
-
-
5 680
total
-
-
-
40 181
Employee
43 070
-
225 681
-
income
4 673
-
61 772
-
social contributions
4 315
-
4 319
-
total
8 988
-
66 091
-
Employer
43 070
-
225 681
-
social contributions
4 315
-
4 319
-
total
4 315
-
4 319
-
Corporate
182 615
230 000
-
-
income
63 915
80 501
-
-
total
63 915
80 501
-
-
Dividends
118 700
149 499
-
-
social contributions
4 960
4 960
-
-
total
4 960
4 960
-
-
Income
230 000
230 000
230 000
230 000
Total tax
82 178
85 461
70 410
40 181
After tax
147 822
144 539
159 590
189 819
Living cost
34 082
34 082
34 082
34 082
Free-cash
113 740
110 457
125 508
155 737

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
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.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108655
₽92252
₽112715
₽114233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
230 000
income
-
-
-
72 540
pensions
-
-
-
9 757
total
-
-
-
82 297
Employee
48 026
-
200 325
-
pensions
3 666
-
11 532
-
income
8 746
-
58 896
-
health
626
-
2 656
-
total
13 038
-
73 084
-
Employer
48 026
-
200 325
-
health
913
-
3 807
-
pensions
4 852
-
25 869
-
total
5 765
-
29 676
-
Corporate
176 209
230 000
-
-
income

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

33 480
43 701
-
-
total
33 480
43 701
-
-
Dividends
142 729
186 299
-
-
withholding
28 496
42 656
-
-
total
28 496
42 656
-
-
Income
230 000
230 000
230 000
230 000
Total tax
80 779
86 357
102 760
82 297
After tax
149 221
143 643
127 240
147 703
Living cost
34 988
34 988
34 988
34 988
Free-cash
114 233
108 655
92 252
112 715

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4034
₽104461
₽134339
₽15154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
66 370
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
72 997
Employee
35 652
-
210 832
-
pensions
4 014
-
7 259
-
income
4 891
-
52 308
-
health
4 082
-
24 140
-
total
12 987
-
83 707
-
Employer
35 652
-
210 832
-
pensions
5 797
-
10 482
-
accident
595
-
3 521
-
unemployment
873
-
5 165
-
total
7 265
-
19 168
-
Corporate
187 083
230 000
-
-
income

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

168 375
207 000
-
-
total
168 375
207 000
-
-
Dividends
18 708
23 000
-
-
withholding
3 555
4 370
-
-
total
3 555
4 370
-
-
Income
230 000
230 000
230 000
230 000
Total tax
192 182
211 370
102 875
72 997
After tax
37 818
18 630
127 125
157 003
Living cost
22 664
22 664
22 664
22 664
Free-cash
15 154
-4 034
104 461
134 339

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
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.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163263
₽157761
₽137110
₽160421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
230 000
income
-
-
-
38 898
unemployment
-
-
-
1 802
work injury
-
-
-
751
health insurance
-
-
-
11 115
pensions
-
-
-
27 637
total
-
-
-
80 203
Employee

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

20 298
-
230 000
-
health insurance
1 502
-
5 558
-
unemployment
244
-
901
-
work injury
101
-
376
-
pensions
3 735
-
13 819
-
income
2 030
-
38 898
-
total
7 612
-
59 552
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
209 702
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%.

20 970
23 000
-
-
total
20 970
23 000
-
-
Dividends
188 731
207 000
-
-
withholding
28 310
31 050
-
-
total
28 310
31 050
-
-
Income
230 000
230 000
230 000
230 000
Total tax
56 892
54 050
59 552
80 203
After tax
173 108
175 950
170 448
149 797
Living cost
12 687
12 687
12 687
12 687
Free-cash
160 421
163 263
157 761
137 110

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83745
₽63940
₽71654
₽79475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 991
regional
-
-
-
5 781
municipal
-
-
-
1 646
national
-
-
-
66 525
total
-
-
-
120 943
Employee
79 116
-
230 000
-
municipal
472
-
1 516
-
national
13 370
-
60 241
-
regional
1 194
-
5 294
-
social contributions
26 677
-
61 606
-
total
41 713
-
128 657
-
Employer
79 116
-
230 000
-
total
-
-
-
-
Corporate
150 884
230 000
-
-
municipal
7 273
11 086
-
-
nationa
36 213
55 201
-
-
total
43 486
66 287
-
-
Dividends
107 398
163 714
-
-
withholding
27 923
42 565
-
-
total
27 923
42 565
-
-
Income
230 000
230 000
230 000
230 000
Total tax
113 122
108 852
128 657
120 943
After tax
116 878
121 148
101 343
109 057
Living cost
37 403
37 403
37 403
37 403
Free-cash
79 475
83 745
63 940
71 654

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
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.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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