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
₽ 231000
per

Your estimated
City
free-cash

Dresden , Germany
₽87511
₽112889
₽83491
₽98062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 000
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.

-
-
-
78 387
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.

-
-
-
4 312
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.

-
-
-
6 517
trade
-
-
-
29 398
total
-
-
-
118 614
Employee

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

36 487
-
231 000
-
surtax

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

56
-
4 312
-
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.

1 019
-
78 387
-
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.

6 517
-
6 517
-
total
7 592
-
89 216
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 513
231 000
-
-
income
29 177
34 649
-
-
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.

1 604
1 906
-
-
chamber of commerce
424
476
-
-
trade
30 636
36 382
-
-
total
61 841
73 413
-
-
Dividends
132 673
157 586
-
-
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.

1 805
2 147
-
-
withholding
32 805
39 034
-
-
total
34 610
41 181
-
-
Income
231 000
231 000
231 000
231 000
Total tax
104 043
114 594
89 216
118 614
After tax
126 957
116 406
141 784
112 386
Living cost
28 895
28 895
28 895
28 895
Free-cash
98 062
87 511
112 889
83 491

Estimated living cost  is ₽28895 per week

₽18176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93047
₽81426
₽80188
₽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
-
-
-
231 000
social contributions
-
-
-
2 483
municipal
-
-
-
25 684
national
-
-
-
43 828
pensions
-
-
-
27 720
total
-
-
-
99 715
Employee
79 209
-
199 697
-
municipal
9 784
-
26 579
-
pensions
3 168
-
7 988
-
national
15 161
-
45 787
-
total
28 113
-
80 354
-
Employer
79 209
-
199 697
-
pensions
6 337
-
15 976
-
social contributions
851
-
2 147
-
total
7 188
-
18 123
-
Corporate
139 375
231 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

27 875
46 200
-
-
total
27 875
46 200
-
-
Dividends
111 500
184 800
-
-
withholding
24 530
40 656
-
-
total
24 530
40 656
-
-
Income
231 000
231 000
231 000
231 000
Total tax
87 706
86 856
98 477
99 715
After tax
143 294
144 144
132 523
131 285
Living cost
51 097
51 097
51 097
51 097
Free-cash
92 198
93 047
81 426
80 188

Estimated living cost  is ₽51097 per week

₽34730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164955
₽81450
₽65277
₽157129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 000
income
-
-
-
50 421
surtax
-
-
-
58 906
social contributions

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

-
-
-
36 550
microenterprise
-
-
-
-
total
-
-
-
145 877
Employee
27 875
-
183 434
-
surtax
-
-
26 597
-
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.

3 067
-
12 506
-
income
4 962
-
43 035
-
total
8 029
-
82 138
-
Employer
27 875
-
183 434
-
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.

6 714
-
27 388
-
surtax
-
-
20 178
-
total
6 714
-
47 566
-
Corporate
196 410
231 000
-
-
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%.

39 282
46 199
-
-
total
39 282
46 199
-
-
Dividends

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

157 128
184 801
-
-
total
-
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
54 025
46 199
129 704
145 877
After tax
176 975
184 801
101 296
85 123
Living cost
19 846
19 846
19 846
19 846
Free-cash
157 129
164 955
81 450
65 277

Estimated living cost  is ₽19846 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75342
₽107743
₽83187
₽69495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
84 910
health
-
-
-
11 763
pensions
-
-
-
11 177
total
-
-
-
107 850
Employee
81 464
81 464
213 272
-
pensions
14 664
11 177
11 177
-
income

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

13 334
13 334
42 625
-
health
12 504
10 636
11 763
-
total
40 502
35 147
65 565
-
Employer
81 464
81 464
213 272
-
health
5 663
5 663
7 037
-
pensions
5 670
5 670
7 048
-
unemployment
2 933
2 933
3 644
-
total
14 266
14 266
17 729
-
Corporate
136 270
135 271
-
-
income
27 254
27 053
-
-
total
27 254
27 053
-
-
Dividends
109 016
108 217
-
-
income
23 167
22 996
-
-
withholding
16 353
16 233
-
-
total
39 520
39 229
-
-
Income
231 000
231 000
231 000
231 000
Total tax
121 542
115 695
83 294
107 850
After tax
109 458
115 305
147 706
123 150
Living cost
39 963
39 963
39 963
39 963
Free-cash
69 495
75 342
107 743
83 187

Estimated living cost  is ₽39963 per week

₽28321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87163
₽75069
₽76015
₽86289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
accident
-
-
-
171
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
municipal
-
-
-
61 507
national
-
-
-
29 777
pensions
-
-
-
9 231
total
-
-
-
116 022
Employee
55 518
-
204 170
-
municipal
16 556
-
60 883
-
national
-
-
29 254
-
total
16 556
-
90 137
-
Employer
55 518
-
204 170
-
health
3 414
-
5 252
-
pensions
6 001
-
9 231
-
accident
111
-
171
-
unemployment
1 466
-
2 254
-
other
6 451
-
9 923
-
total
17 443
-
26 831
-
Corporate
158 038
231 000
-
-
income
34 768
50 820
-
-
total
34 768
50 820
-
-
Dividends
123 270
180 180
-
-
withholding
36 981
54 054
-
-
total
36 981
54 054
-
-
Income
231 000
231 000
231 000
231 000
Total tax
105 748
104 874
116 968
116 022
After tax
125 252
126 126
114 032
114 978
Living cost
38 963
38 963
38 963
38 963
Free-cash
86 289
87 163
75 069
76 015

Estimated living cost  is ₽38963 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77743
₽104309
₽73606
₽91146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 000
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.

-
-
-
78 387
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.

-
-
-
4 312
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.

-
-
-
6 517
trade
-
-
-
30 703
total
-
-
-
119 919
Employee

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

48 377
-
231 000
-
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.

228
-
4 312
-
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.

4 156
-
78 387
-
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.

6 517
-
6 517
-
total
10 901
-
89 216
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 623
231 000
-
-
income
27 394
34 649
-
-
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
1 906
-
-
chamber of commerce
404
472
-
-
trade
30 042
38 000
-
-
total
59 346
75 027
-
-
Dividends
123 277
155 971
-
-
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.

1 675
2 125
-
-
withholding
30 457
38 630
-
-
total
32 132
40 755
-
-
Income
231 000
231 000
231 000
231 000
Total tax
102 379
115 782
89 216
119 919
After tax
128 621
115 218
141 784
111 081
Living cost
37 475
37 475
37 475
37 475
Free-cash
91 146
77 743
104 309
73 606

Estimated living cost  is ₽37475 per week

₽25064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3952
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.
₽7900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137369
₽121933
₽123793
₽133411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
54 939
social contributions
-
-
-
15 435
health
-
-
-
5 891
total
-
-
-
76 265
Employee
73 355
73 355
218 742
-
social contributions
3 565
6 088
8 212
-
income
7 703
6 790
53 937
-
health
730
1 247
3 718
-
total
11 998
14 125
65 867
-
Employer
73 355
73 355
218 742
-
health
795
1 358
4 046
-
social contributions
3 565
6 088
8 212
-
total
4 360
7 446
12 258
-
Corporate
183 702
150 199
-
-
income
22 962
18 775
-
-
total
22 962
18 775
-
-
Dividends
160 740
131 425
-
-
withholding
27 327
22 343
-
-
total
27 327
22 343
-
-
Income
231 000
231 000
231 000
231 000
Total tax
66 647
62 689
78 125
76 265
After tax
164 353
168 311
152 875
154 735
Living cost
30 942
30 942
30 942
30 942
Free-cash
133 411
137 369
121 933
123 793

Estimated living cost  is ₽30942 per week

₽21152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112125
₽116402
₽142516
₽112490
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
28 240
unemployment
-
-
-
3 465
health
-
-
-
16 170
pensions
-
-
-
23 100
total
-
-
-
70 975
Employee

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

The minimum wage is 138,000 HUF per month.

25 275
10 059
193 305
-
unemployment
379
151
2 900
-
pensions
2 528
1 006
19 331
-
income
3 090
1 230
23 632
-
health
1 769
704
13 531
-
total
7 766
3 091
59 394
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 275
10 059
193 305
-
pensions
4 929
1 962
37 695
-
total
4 929
1 962
37 695
-
Corporate
200 796
218 979
-
-
income
18 072
19 708
-
-
total
18 072
19 708
-
-
Dividends
182 725
199 271
-
-
social contributions
35 516
38 743
-
-
withholding
34 718
37 862
-
-
total
70 234
76 605
-
-
Income
231 000
231 000
231 000
231 000
Total tax
101 001
101 366
97 089
70 975
After tax
129 999
129 634
133 911
160 025
Living cost
17 509
17 509
17 509
17 509
Free-cash
112 490
112 125
116 402
142 516

Estimated living cost  is ₽17509 per week

₽11949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161759
₽110102
₽100774
₽155832
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
30 955
health
-
-
-
30 030
pensions
-
-
-
46 199
total
-
-
-
107 184
Employee
27 062
-
172 644
-
unemployment
433
-
2 763
-
pensions
541
-
3 452
-
income
3 047
-
33 286
-
total
4 021
-
39 501
-
Employer
27 062
-
172 644
-
health
3 517
-
22 444
-
pensions
5 413
-
34 530
-
unemployment
217
-
1 381
-
total
9 147
-
58 355
-
Corporate
194 790
231 000
-
-
income
38 958
46 199
-
-
total
38 958
46 199
-
-
Dividends
155 832
184 801
-
-
total
-
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
52 126
46 199
97 856
107 184
After tax
178 874
184 801
133 144
123 816
Living cost
23 042
23 042
23 042
23 042
Free-cash
155 832
161 759
110 102
100 774

Estimated living cost  is ₽23042 per week

₽15804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2570
₽106323
₽136413
₽15447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
accident
-
-
-
244
income
-
-
-
66 569
other
-
-
-
358
health
-
-
-
2 110
pensions
-
-
-
4 025
total
-
-
-
73 306
Employee
33 476
-
211 624
-
pensions
3 769
-
7 380
-
income
4 593
-
52 409
-
health
3 833
-
24 231
-
total
12 195
-
84 020
-
Employer
33 476
-
211 624
-
pensions
5 443
-
10 657
-
accident
559
-
3 534
-
unemployment
820
-
5 185
-
total
6 822
-
19 376
-
Corporate
190 702
231 000
-
-
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.

171 632
207 900
-
-
total
171 632
207 900
-
-
Dividends
19 070
23 100
-
-
withholding
3 623
4 389
-
-
total
3 623
4 389
-
-
Income
231 000
231 000
231 000
231 000
Total tax
194 272
212 289
103 396
73 306
After tax
36 728
18 711
127 604
157 694
Living cost
21 281
21 281
21 281
21 281
Free-cash
15 447
-2 570
106 323
136 413

Estimated living cost  is ₽21281 per week

₽15597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1179
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.
₽4061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽211663
₽177013
₽220903
₽210204
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
231 000
microenterprise

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

-
-
-
2 310
total
-
-
-
2 310
Employee
9 733
-
231 000
-
income
1 946
-
46 200
-
total
1 946
-
46 200
-
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%.

221 267
231 000
-
-
total
-
-
-
-
Dividends
221 267
231 000
-
-
withholding
11 063
11 550
-
-
total
11 063
11 550
-
-
Income
231 000
231 000
231 000
231 000
Total tax
13 009
11 550
46 200
2 310
After tax
217 991
219 450
184 800
228 690
Living cost
7 787
7 787
7 787
7 787
Free-cash
210 204
211 663
177 013
220 903

Estimated living cost  is ₽7787 per week

₽4826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144298
₽113931
₽115800
₽137854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
41 692
other
-
-
-
6 890
health
-
-
-
6 383
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.

-
-
-
34 816
total
-
-
-
89 781
Employee
34 637
-
194 051
-
unemployment
346
-
1 450
-
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.

2 424
-
10 154
-
income
5 963
-
41 067
-
health
485
-
2 031
-
total
9 218
-
54 702
-
Employer
34 637
-
194 051
-
health
485
-
2 031
-
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.

5 889
-
24 662
-
accident
277
-
1 553
-
unemployment
346
-
1 450
-
other
1 732
-
7 252
-
total
8 729
-
36 948
-
Corporate
187 633
231 000
-
-
income
39 403
48 509
-
-
total
39 403
48 509
-
-
Dividends
148 230
182 491
-
-
withholding
10 377
12 774
-
-
total
10 377
12 774
-
-
Income
231 000
231 000
231 000
231 000
Total tax
67 727
61 283
91 650
89 781
After tax
163 273
169 717
139 350
141 219
Living cost
25 419
25 419
25 419
25 419
Free-cash
137 854
144 298
113 931
115 800

Estimated living cost  is ₽25419 per week

₽17960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81071
₽64608
₽85157
₽88677
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
72 883
pensions
-
-
-
9 790
total
-
-
-
82 673
Employee
89 376
-
201 193
-
pensions
8 622
-
11 570
-
income
16 111
-
59 181
-
health
1 473
-
2 665
-
total
26 206
-
73 416
-
Employer
89 376
-
201 193
-
health
1 697
-
3 823
-
pensions
10 553
-
25 983
-
total
12 250
-
29 806
-
Corporate
129 374
231 000
-
-
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.

24 581
43 890
-
-
total
24 581
43 890
-
-
Dividends
104 793
187 110
-
-
withholding
16 116
42 869
-
-
total
16 116
42 869
-
-
Income
231 000
231 000
231 000
231 000
Total tax
79 153
86 759
103 222
82 673
After tax
151 847
144 241
127 778
148 327
Living cost
63 170
63 170
63 170
63 170
Free-cash
88 677
81 071
64 608
85 157

Estimated living cost  is ₽63170 per week

₽47334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽185002
₽184693
₽174953
₽180574
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
34 650
unemployment
-
-
-
133
health
-
-
-
3 831
pensions

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

-
-
-
4 930
total
-
-
-
43 544
Employee
16 556
-
224 465
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
pensions

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

1 454
-
2 925
-
income
1 655
-
22 446
-
health
761
-
1 532
-
total
4 052
-
27 269
-
Employer
16 556
-
224 465
-
health
1 143
-
2 298
-
pensions

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

1 825
-
3 671
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
unemployment
99
-
200
-
total
3 249
-
6 535
-
Corporate
211 196
231 000
-
-
income
21 119
23 100
-
-
total
21 119
23 100
-
-
Dividends
190 076
207 900
-
-
withholding
9 503
10 395
-
-
total
9 503
10 395
-
-
Income
231 000
231 000
231 000
231 000
Total tax
37 923
33 495
33 804
43 544
After tax
193 077
197 505
197 196
187 456
Living cost
12 503
12 503
12 503
12 503
Free-cash
180 574
185 002
184 693
174 953

Estimated living cost  is ₽12503 per week

₽7299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62407
₽94808
₽70252
₽64807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
84 910
health
-
-
-
11 763
pensions
-
-
-
11 177
total
-
-
-
107 850
Employee
88 444
81 464
213 272
-
pensions
11 177
11 177
11 177
-
income

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

13 334
13 334
42 625
-
health
11 034
10 636
11 763
-
total
35 545
35 147
65 565
-
Employer
88 444
81 464
213 272
-
health
6 146
5 663
7 037
-
pensions
6 155
5 670
7 048
-
unemployment
3 184
2 933
3 644
-
total
15 485
14 266
17 729
-
Corporate
127 071
135 271
-
-
income
25 415
27 053
-
-
total
25 415
27 053
-
-
Dividends
101 656
108 217
-
-
income
21 602
22 996
-
-
withholding
15 248
16 233
-
-
total
36 850
39 229
-
-
Income
231 000
231 000
231 000
231 000
Total tax
113 295
115 695
83 294
107 850
After tax
117 705
115 305
147 706
123 150
Living cost
52 898
52 898
52 898
52 898
Free-cash
64 807
62 407
94 808
70 252

Estimated living cost  is ₽52898 per week

₽39021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135299
₽103394
₽113652
₽126828
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
24 847
social contributions
-
-
-
34 167
solidarity contribution
-
-
-
3 405
health
-
-
-
31 185
total
-
-
-
93 604
Employee
34 918
-
185 090
-
solidarity contribution
-
-
2 484
-
social contributions
2 270
-
7 606
-
income
4 190
-
22 875
-
health
4 714
-
24 987
-
total
11 174
-
57 952
-
Employer
34 918
-
185 090
-
health
3 143
-
16 658
-
social contributions
8 729
-
29 252
-
total
11 872
-
45 910
-
Corporate
184 210
231 000
-
-
income
35 000
43 890
-
-
total
35 000
43 890
-
-
Dividends
149 210
187 110
-
-
withholding
22 382
28 067
-
-
total
22 382
28 067
-
-
Income
231 000
231 000
231 000
231 000
Total tax
80 428
71 957
103 862
93 604
After tax
150 572
159 043
127 138
137 396
Living cost
23 744
23 744
23 744
23 744
Free-cash
126 828
135 299
103 394
113 652

Estimated living cost  is ₽23744 per week

₽16493
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.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82994
₽64013
₽72102
₽78012
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
social contributions
-
-
-
47 745
regional
-
-
-
2 998
municipal
-
-
-
1 466
national
-
-
-
66 435
total
-
-
-
118 644
Employee
84 782
-
231 000
-
municipal
449
-
1 347
-
national
14 691
-
60 050
-
regional
800
-
2 741
-
social contributions
28 589
-
62 595
-
total
44 529
-
126 733
-
Employer
84 782
-
231 000
-
total
-
-
-
-
Corporate
146 218
231 000
-
-
municipal
5 702
9 008
-
-
nationa
35 093
55 439
-
-
total
40 795
64 447
-
-
Dividends
105 423
166 553
-
-
withholding
27 410
43 305
-
-
total
27 410
43 305
-
-
Income
231 000
231 000
231 000
231 000
Total tax
112 734
107 752
126 733
118 644
After tax
118 266
123 248
104 267
112 356
Living cost
40 254
40 254
40 254
40 254
Free-cash
78 012
82 994
64 013
72 102

Estimated living cost  is ₽40254 per week

₽28060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124247
₽81596
₽87430
₽121279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
74 929
other
-
-
-
-
surtax
-
-
-
12 870
unemployment
-
-
-
217
health
-
-
-
9 039
pensions
-
-
-
25 464
total
-
-
-
122 519
Employee
31 547
-
204 200
-
other
-
-
-
-
unemployment
2 196
-
8 861
-
pensions
2 104
-
8 492
-
surtax
103
-
11 729
-
income
5 288
-
69 225
-
health
806
-
3 246
-
total
10 497
-
101 553
-
Employer
31 547
-
204 200
-
health
1 436
-
5 793
-
pensions
4 205
-
16 972
-
unemployment
999
-
4 035
-
other
-
-
-
-
total
6 640
-
26 800
-
Corporate
192 813
231 000
-
-
income
50 131
60 061
-
-
total
50 131
60 061
-
-
Dividends
142 682
170 939
-
-
withholding
21 402
25 641
-
-
total
21 402
25 641
-
-
Income
231 000
231 000
231 000
231 000
Total tax
88 670
85 702
128 353
122 519
After tax
142 330
145 298
102 647
108 481
Living cost
21 051
21 051
21 051
21 051
Free-cash
121 279
124 247
81 596
87 430

Estimated living cost  is ₽21051 per week

₽12871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101085
₽84622
₽105171
₽107325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
72 883
pensions
-
-
-
9 790
total
-
-
-
82 673
Employee
59 897
-
201 193
-
pensions
5 084
-
11 570
-
income
10 788
-
59 181
-
health
870
-
2 665
-
total
16 742
-
73 416
-
Employer
59 897
-
201 193
-
health
1 138
-
3 823
-
pensions
6 484
-
25 983
-
total
7 622
-
29 806
-
Corporate
163 481
231 000
-
-
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.

31 061
43 890
-
-
total
31 061
43 890
-
-
Dividends
132 420
187 110
-
-
withholding
25 094
42 869
-
-
total
25 094
42 869
-
-
Income
231 000
231 000
231 000
231 000
Total tax
80 519
86 759
103 222
82 673
After tax
150 481
144 241
127 778
148 327
Living cost
43 156
43 156
43 156
43 156
Free-cash
107 325
101 085
84 622
105 171

Estimated living cost  is ₽43156 per week

₽32332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29572
₽98645
₽106706
₽62114
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
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.

-
-
-
4 620
regional
-
-
-
13 133
health
-
-
-
520
city
-
-
-
2 434
national
-
-
-
6 274
pensions
-
-
-
21 254
total
-
-
-
48 235
Employee
89 009
-
208 097
-
unemployment
-
-
-
-
pensions
7 478
-
15 981
-
national
421
-
5 219
-
regional
2 915
-
11 760
-
city
955
-
2 254
-
health
201
-
469
-
total
11 970
-
35 683
-
Employer
89 009
-
208 097
-
health
201
-
469
-
pensions
7 478
-
15 981
-
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.

1 780
-
4 163
-
total
9 459
-
20 613
-
Corporate
131 554
231 000
-
-
regional
27 823
48 857
-
-
national
11 182
19 634
-
-
total
39 005
68 491
-
-
Dividends
92 549
162 509
-
-
withholding
32 393
56 878
-
-
total
32 393
56 878
-
-
Income
231 000
231 000
231 000
231 000
Total tax
92 827
125 369
56 296
48 235
After tax
138 173
105 631
174 704
182 765
Living cost
76 059
76 059
76 059
76 059
Free-cash
62 114
29 572
98 645
106 706

Estimated living cost  is ₽76059 per week

₽49460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽934
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽70327
₽98083
₽66073
₽85799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 000
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.

-
-
-
78 387
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.

-
-
-
4 312
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.

-
-
-
6 517
trade
-
-
-
32 010
total
-
-
-
121 226
Employee

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

57 331
-
231 000
-
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.

371
-
4 312
-
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.

6 742
-
78 387
-
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.

6 517
-
6 517
-
total
13 630
-
89 216
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
173 669
231 000
-
-
income
26 050
34 649
-
-
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
1 906
-
-
chamber of commerce
389
471
-
-
trade
29 783
39 617
-
-
total
57 654
76 643
-
-
Dividends
116 014
154 357
-
-
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
2 102
-
-
withholding
28 641
38 227
-
-
total
30 216
40 329
-
-
Income
231 000
231 000
231 000
231 000
Total tax
101 500
116 972
89 216
121 226
After tax
129 500
114 028
141 784
109 774
Living cost
43 701
43 701
43 701
43 701
Free-cash
85 799
70 327
98 083
66 073

Estimated living cost  is ₽43701 per week

₽31918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83787
₽84539
₽92346
₽89421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
45 349
other
-
-
-
7 162
surtax
-
-
-
-
social contributions
-
-
-
6 582
health
-
-
-
11 734
pensions
-
-
-
35 189
total
-
-
-
106 016
Employee
40 828
-
175 481
-
pensions
4 616
-
13 570
-
surtax
-
-
-
-
social contributions
1 164
-
5 000
-
income
2 410
-
39 734
-
total
8 190
-
58 304
-
Employer
40 828
-
175 481
-
health
2 858
-
17 856
-
pensions
6 707
-
22 601
-
unemployment
1 653
-
7 107
-
social contributions
123
-
527
-
other
1 408
-
7 428
-
total
12 749
-
55 519
-
Corporate
177 422
231 000
-
-
income
49 679
64 681
-
-
surtax
-
-
-
-
total
49 679
64 681
-
-
Dividends
127 743
166 319
-
-
surtax
-
-
-
-
social contributions
21 972
28 605
-
-
withholding
16 351
21 289
-
-
total
38 323
49 894
-
-
Income
231 000
231 000
231 000
231 000
Total tax
108 941
114 575
113 823
106 016
After tax
122 059
116 425
117 177
124 984
Living cost
32 638
32 638
32 638
32 638
Free-cash
89 421
83 787
84 539
92 346

Estimated living cost  is ₽32638 per week

₽20580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87021
₽87773
₽95580
₽92322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
45 349
other
-
-
-
7 162
surtax
-
-
-
-
social contributions
-
-
-
6 582
health
-
-
-
11 734
pensions
-
-
-
35 189
total
-
-
-
106 016
Employee
36 445
-
175 481
-
pensions
4 122
-
13 570
-
surtax
-
-
-
-
social contributions
1 039
-
5 000
-
income
1 879
-
39 734
-
total
7 040
-
58 304
-
Employer
36 445
-
175 481
-
health
2 551
-
17 856
-
pensions
5 989
-
22 601
-
unemployment
1 475
-
7 107
-
social contributions
109
-
527
-
other
1 258
-
7 428
-
total
11 382
-
55 519
-
Corporate
183 174
231 000
-
-
income
51 288
64 681
-
-
surtax
-
-
-
-
total
51 288
64 681
-
-
Dividends
131 886
166 319
-
-
surtax
-
-
-
-
social contributions
22 683
28 605
-
-
withholding
16 881
21 289
-
-
total
39 564
49 894
-
-
Income
231 000
231 000
231 000
231 000
Total tax
109 274
114 575
113 823
106 016
After tax
121 726
116 425
117 177
124 984
Living cost
29 404
29 404
29 404
29 404
Free-cash
92 322
87 021
87 773
95 580

Estimated living cost  is ₽29404 per week

₽17053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120703
₽121506
₽128121
₽121198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
34 649
social contributions
-
-
-
31 878
health
-
-
-
16 124
total
-
-
-
82 651
Employee
32 345
-
231 000
-
social contributions
4 464
-
31 878
-
income
5 395
-
41 264
-
health
2 257
-
16 124
-
total
12 116
-
89 266
-
Employer
32 345
-
231 000
-
total
-
-
-
-
Corporate
198 655
231 000
-
-
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%.

9 933
11 550
-
-
total
9 933
11 550
-
-
Dividends
188 722
219 450
-
-
social contributions
26 043
30 285
-
-
withholding
28 308
32 917
-
-
health
13 174
15 317
-
-
total
67 525
78 519
-
-
Income
231 000
231 000
231 000
231 000
Total tax
89 574
90 069
89 266
82 651
After tax
141 426
140 931
141 734
148 349
Living cost
20 228
20 228
20 228
20 228
Free-cash
121 198
120 703
121 506
128 121

Estimated living cost  is ₽20228 per week

₽13538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
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.
₽4977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93598
₽26580
₽84458
₽92123
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
76 823
surtax
-
-
-
188
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
923
health
-
-
-
8 525
pensions
-
-
-
20 618
total
-
-
-
112 928
Employee
47 675
38 017
192 799
-
other
476
380
1 115
-
unemployment
1 430
1 140
3 344
-
pensions
4 882
3 892
11 412
-
income
5 427
2 804
65 128
-
health
1 845
1 472
4 312
-
total
14 060
9 688
85 311
-
Employer
47 675
38 017
192 799
-
chamber of commerce
190
152
771
-
health
1 801
1 437
4 213
-
pensions
5 983
4 772
13 986
-
accident
619
494
1 448
-
unemployment
1 430
1 140
3 344
-
surtax
188
188
188
-
payroll
1 430
1 140
5 784
-
other
2 265
1 805
8 467
-
total
13 906
11 128
38 201
-
Corporate
169 419
181 854
189 178
-
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.

42 354
45 464
47 294
-
total
42 354
45 464
47 294
-
Dividends
127 064
136 389
-
-
withholding
34 943
37 508
-
-
total
34 943
37 508
-
-
Income
231 000
231 000
231 000
231 000
Total tax
105 263
103 788
170 806
112 928
After tax
125 737
127 212
60 194
118 072
Living cost
33 614
33 614
33 614
33 614
Free-cash
92 123
93 598
26 580
84 458

Estimated living cost  is ₽33614 per week

₽22419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and 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

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
₽91066
₽43031
₽65771
₽79971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
communal

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

-
-
-
12 433
social contributions
-
-
-
23 784
national
-
-
-
94 229
total
-
-
-
130 446
Employee

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

68 237
-
178 915
-
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.

594
-
1 557
-
communal

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

3 559
-
9 332
-
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.

5 118
-
13 418
-
national
20 979
-
68 386
-
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.

3 206
-
8 411
-
total
33 456
-
101 104
-
Employer

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

68 237
-
178 915
-
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.

4 196
-
11 005
-
pensions

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

6 046
-
15 851
-
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.

887
-
2 324
-
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.

996
-
2 612
-
surtax
7 737
-
20 290
-
total
19 862
-
52 082
-
Corporate
142 900
231 000
-
-
income
28 579
50 698
-
-
surtax
572
1 014
-
-
total
29 151
51 712
-
-
Dividends
113 748
179 288
-
-
withholding

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

33 777
53 439
-
-
total
33 777
53 439
-
-
Income
231 000
231 000
231 000
231 000
Total tax
116 246
105 151
153 186
130 446
After tax
114 754
125 849
77 814
100 554
Living cost
34 783
34 783
34 783
34 783
Free-cash
79 971
91 066
43 031
65 771

Estimated living cost  is ₽34783 per week

₽22404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118767
₽90477
₽94480
₽112231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
accident
-
-
-
797
income
-
-
-
75 542
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
102 069
Employee
47 486
-
202 812
-
other
47
-
89
-
unemployment
737
-
1 370
-
pensions
2 232
-
4 156
-
income
10 019
-
72 267
-
total
13 035
-
77 882
-
Employer
47 486
-
202 812
-
pensions
11 206
-
20 868
-
accident
940
-
1 751
-
unemployment
2 612
-
4 863
-
other
378
-
708
-
total
15 136
-
28 190
-
Corporate
168 378
231 000
-
-
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.

25 258
34 649
-
-
total
25 258
34 649
-
-
Dividends
143 121
196 351
-
-
withholding
30 889
43 133
-
-
total
30 889
43 133
-
-
Income
231 000
231 000
231 000
231 000
Total tax
84 318
77 782
106 072
102 069
After tax
146 682
153 218
124 928
128 931
Living cost
34 451
34 451
34 451
34 451
Free-cash
112 231
118 767
90 477
94 480

Estimated living cost  is ₽34451 per week

₽25370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77541
₽64529
₽55846
₽64418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
communal
-
-
-
14 598
accident
-
-
-
1 912
income
-
-
-
45 371
surtax
-
-
-
11 521
health
-
-
-
15 929
pensions
-
-
-
33 981
total
-
-
-
123 312
Employee
72 242
-
206 342
-
pensions
5 779
-
16 506
-
surtax
4 428
-
12 645
-
income
6 978
-
51 640
-
health
3 215
-
9 182
-
total
20 400
-
89 973
-
Employer
72 242
-
206 342
-
health
2 203
-
6 293
-
pensions
5 779
-
16 506
-
accident
650
-
1 857
-
total
8 632
-
24 656
-
Corporate
150 126
231 000
-
-
communal
10 134
15 592
-
-
income
22 519
34 649
-
-
surtax
1 577
2 426
-
-
total
34 230
52 667
-
-
Dividends
115 896
178 332
-
-
income
34 094
22 201
-
-
withholding
17 384
26 749
-
-
total
51 478
48 950
-
-
Income
231 000
231 000
231 000
231 000
Total tax
114 740
101 617
114 629
123 312
After tax
116 260
129 383
116 371
107 688
Living cost
51 842
51 842
51 842
51 842
Free-cash
64 418
77 541
64 529
55 846

Estimated living cost  is ₽51842 per week

₽38889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3141
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.
₽9262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123871
₽81220
₽87054
₽120839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
74 929
other
-
-
-
-
surtax
-
-
-
12 870
unemployment
-
-
-
217
health
-
-
-
9 039
pensions
-
-
-
25 464
total
-
-
-
122 519
Employee
32 126
-
204 200
-
other
-
-
-
-
unemployment
2 236
-
8 861
-
pensions
2 143
-
8 492
-
surtax
114
-
11 729
-
income
5 386
-
69 225
-
health
820
-
3 246
-
total
10 699
-
101 553
-
Employer
32 126
-
204 200
-
health
1 461
-
5 793
-
pensions
4 283
-
16 972
-
unemployment
1 019
-
4 035
-
other
-
-
-
-
total
6 763
-
26 800
-
Corporate
192 111
231 000
-
-
income
49 948
60 061
-
-
total
49 948
60 061
-
-
Dividends
142 162
170 939
-
-
withholding
21 324
25 641
-
-
total
21 324
25 641
-
-
Income
231 000
231 000
231 000
231 000
Total tax
88 734
85 702
128 353
122 519
After tax
142 266
145 298
102 647
108 481
Living cost
21 427
21 427
21 427
21 427
Free-cash
120 839
123 871
81 220
87 054

Estimated living cost  is ₽21427 per week

₽12937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95722
₽77891
₽85937
₽93602
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
social contributions
-
-
-
47 745
regional
-
-
-
3 719
municipal
-
-
-
1 466
national
-
-
-
66 435
total
-
-
-
119 365
Employee
52 917
-
231 000
-
municipal
281
-
1 347
-
national
8 384
-
60 050
-
regional
712
-
3 419
-
social contributions
17 844
-
62 595
-
total
27 221
-
127 411
-
Employer
52 917
-
231 000
-
total
-
-
-
-
Corporate
178 083
231 000
-
-
municipal
8 851
11 481
-
-
nationa
42 740
55 439
-
-
total
51 591
66 920
-
-
Dividends
126 492
164 080
-
-
withholding
32 888
42 660
-
-
total
32 888
42 660
-
-
Income
231 000
231 000
231 000
231 000
Total tax
111 700
109 580
127 411
119 365
After tax
119 300
121 420
103 589
111 635
Living cost
25 698
25 698
25 698
25 698
Free-cash
93 602
95 722
77 891
85 937

Estimated living cost  is ₽25698 per week

₽15981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129784
₽97879
₽108137
₽119347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
24 847
social contributions
-
-
-
34 167
solidarity contribution
-
-
-
3 405
health
-
-
-
31 185
total
-
-
-
93 604
Employee
43 028
-
185 090
-
solidarity contribution
-
-
2 484
-
social contributions
2 797
-
7 606
-
income
5 163
-
22 875
-
health
5 809
-
24 987
-
total
13 769
-
57 952
-
Employer
43 028
-
185 090
-
health
3 872
-
16 658
-
social contributions
10 757
-
29 252
-
total
14 629
-
45 910
-
Corporate
173 343
231 000
-
-
income
32 935
43 890
-
-
total
32 935
43 890
-
-
Dividends
140 408
187 110
-
-
withholding
21 061
28 067
-
-
total
21 061
28 067
-
-
Income
231 000
231 000
231 000
231 000
Total tax
82 394
71 957
103 862
93 604
After tax
148 606
159 043
127 138
137 396
Living cost
29 259
29 259
29 259
29 259
Free-cash
119 347
129 784
97 879
108 137

Estimated living cost  is ₽29259 per week

₽21759
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5373
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96880
₽29802
₽87825
₽96404
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
76 823
surtax
-
-
-
-
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
923
health
-
-
-
8 525
pensions
-
-
-
20 618
total
-
-
-
112 740
Employee
41 700
38 017
192 976
-
other
416
380
1 115
-
unemployment
1 251
1 140
3 344
-
pensions
4 271
3 892
11 412
-
income
3 715
2 804
65 217
-
health
1 613
1 472
4 312
-
total
11 266
9 688
85 400
-
Employer
41 700
38 017
192 976
-
chamber of commerce
167
152
771
-
health
1 577
1 437
4 213
-
pensions
5 234
4 772
13 986
-
accident
541
494
1 448
-
unemployment
1 251
1 140
3 344
-
surtax
-
-
-
-
payroll
1 251
1 140
5 789
-
other
1 980
1 805
8 472
-
total
12 001
10 940
38 023
-
Corporate
177 299
182 042
189 355
-
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.

44 326
45 511
47 340
-
total
44 326
45 511
47 340
-
Dividends
132 974
136 530
-
-
withholding
36 568
37 546
-
-
total
36 568
37 546
-
-
Income
231 000
231 000
231 000
231 000
Total tax
104 161
103 685
170 763
112 740
After tax
126 839
127 315
60 237
118 260
Living cost
30 435
30 435
30 435
30 435
Free-cash
96 404
96 880
29 802
87 825

Estimated living cost  is ₽30435 per week

₽18257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3108
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.
₽8527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽207316
₽172666
₽216556
₽205040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
231 000
microenterprise

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

-
-
-
2 310
total
-
-
-
2 310
Employee
15 168
-
231 000
-
income
3 034
-
46 200
-
total
3 034
-
46 200
-
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%.

215 832
231 000
-
-
total
-
-
-
-
Dividends
215 832
231 000
-
-
withholding
10 792
11 550
-
-
total
10 792
11 550
-
-
Income
231 000
231 000
231 000
231 000
Total tax
13 826
11 550
46 200
2 310
After tax
217 174
219 450
184 800
228 690
Living cost
12 134
12 134
12 134
12 134
Free-cash
205 040
207 316
172 666
216 556

Estimated living cost  is ₽12134 per week

₽8211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3006
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133457
₽74914
₽79930
₽125474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 000
income
-
-
-
60 221
unemployment
-
-
-
346
health
-
-
-
22 730
pensions
-
-
-
42 186
total
-
-
-
125 483
Employee

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

42 184
-
199 881
-
unemployment
60
-
281
-
pensions
6 539
-
30 982
-
income
7 275
-
55 206
-
health
2 725
-
12 911
-
total
16 599
-
99 380
-
Employer

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

42 184
-
199 881
-
health
2 810
-
13 311
-
pensions
3 733
-
17 689
-
unemployment
25
-
119
-
total
6 568
-
31 119
-
Corporate
182 248
231 000
-
-
income
34 628
43 889
-
-
total
34 628
43 889
-
-
Dividends
147 620
187 111
-
-
withholding
22 144
28 067
-
-
total
22 144
28 067
-
-
Income
231 000
231 000
231 000
231 000
Total tax
79 939
71 956
130 499
125 483
After tax
151 061
159 044
100 501
105 517
Living cost
25 587
25 587
25 587
25 587
Free-cash
125 474
133 457
74 914
79 930

Estimated living cost  is ₽25587 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99396
₽177312
₽118496
₽54039
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
45 026
social contributions
-
-
-
26 334
total
-
-
-
71 360
Employee
58 995
-
-
-
social contributions
4 838
-
689
-
income
13 013
-
-
-
total
17 851
-
689
-
Employer
58 995
-
-
-
social contributions
83 183
-
11 855
-
total
83 183
-
11 855
-
Corporate
88 823
231 000
-
-
income
19 541
50 820
-
-
total
19 541
50 820
-
-
Dividends
69 282
180 180
-
-
income
15 242
39 640
-
-
total
15 242
39 640
-
-
Income
231 000
231 000
231 000
231 000
Total tax
135 817
90 460
12 544
71 360
After tax
95 183
140 540
218 456
159 640
Living cost
41 144
41 144
41 144
41 144
Free-cash
54 039
99 396
177 312
118 496

Estimated living cost  is ₽41144 per week

₽26696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10054
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101470
₽71097
₽89747
₽100510
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 000
income
-
-
-
31 057
surtax
-
-
-
-
social contributions

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

-
-
-
80 273
total
-
-
-
111 330
Employee
43 875
-
186 667
-
surtax
-
-
532
-
social contributions
4 826
-
20 533
-
income
9 126
-
64 582
-
total
13 952
-
85 647
-
Employer
43 875
-
186 667
-
social contributions
10 420
-
44 333
-
total
10 420
-
44 333
-
Corporate
176 705
231 000
-
-
income
37 108
48 509
-
-
surtax
-
-
-
-
total
37 108
48 509
-
-
Dividends
139 597
182 491
-
-
withholding
39 087
51 098
-
-
total
39 087
51 098
-
-
Income
231 000
231 000
231 000
231 000
Total tax
100 567
99 607
129 980
111 330
After tax
130 433
131 393
101 020
119 670
Living cost
29 923
29 923
29 923
29 923
Free-cash
100 510
101 470
71 097
89 747

Estimated living cost  is ₽29923 per week

₽22388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70350
₽71102
₽78909
₽76908
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
45 349
other
-
-
-
7 162
surtax
-
-
-
-
social contributions
-
-
-
6 582
health
-
-
-
11 734
pensions
-
-
-
35 189
total
-
-
-
106 016
Employee
59 748
-
175 481
-
pensions
6 758
-
13 570
-
surtax
-
-
-
-
social contributions
1 702
-
5 000
-
income
5 213
-
39 734
-
total
13 673
-
58 304
-
Employer
59 748
-
175 481
-
health
4 182
-
17 856
-
pensions
9 817
-
22 601
-
unemployment
2 420
-
7 107
-
social contributions
179
-
527
-
other
2 062
-
7 428
-
total
18 660
-
55 519
-
Corporate
152 591
231 000
-
-
income
42 725
64 681
-
-
surtax
-
-
-
-
total
42 725
64 681
-
-
Dividends
109 866
166 319
-
-
surtax
-
-
-
-
social contributions
18 896
28 605
-
-
withholding
14 063
21 289
-
-
total
32 959
49 894
-
-
Income
231 000
231 000
231 000
231 000
Total tax
108 017
114 575
113 823
106 016
After tax
122 983
116 425
117 177
124 984
Living cost
46 075
46 075
46 075
46 075
Free-cash
76 908
70 350
71 102
78 909

Estimated living cost  is ₽46075 per week

₽31183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽179224
₽145416
₽139280
₽176020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
12 225
social contributions
-
-
-
50 819
total
-
-
-
63 044
Employee
30 669
-
200 000
-
income
-
-
12 908
-
social contributions
1 993
-
13 000
-
total
1 993
-
25 908
-
Employer
30 669
-
200 000
-
social contributions
4 754
-
31 000
-
total
4 754
-
31 000
-
Corporate
195 577
231 000
-
-
income
19 557
23 100
-
-
total
19 557
23 100
-
-
Dividends
176 021
207 900
-
-
total
-
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
26 304
23 100
56 908
63 044
After tax
204 696
207 900
174 092
167 956
Living cost
28 676
28 676
28 676
28 676
Free-cash
176 020
179 224
145 416
139 280

Estimated living cost  is ₽28676 per week

₽18541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23364
₽23364
₽86694
₽12534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
labour market
-
-
-
18 414
municipal
-
-
-
49 993
national
-
-
-
29 176
pensions
-
-
-
826
total
-
-
-
98 409
Employee
193 719
193 719
193 719
-
municipal
41 251
41 251
41 251
-
labour market
15 475
15 475
15 475
-
pensions
275
275
275
-
national
23 666
23 666
23 666
-
total
80 667
80 667
80 667
-
Employer
193 719
193 719
193 719
-
national
23 707
23 707
23 707
-
labour market
15 497
15 497
15 497
-
pensions
551
551
551
-
municipal
41 317
41 317
41 317
-
total
81 072
81 072
81 072
-
Corporate
23 362
-
-
-
income
5 140
-
-
-
total
5 140
-
-
-
Dividends
18 223
-
-
-
withholding
5 690
-
-
-
total
5 690
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
172 569
161 739
161 739
98 409
After tax
58 431
69 261
69 261
132 591
Living cost
45 897
45 897
45 897
45 897
Free-cash
12 534
23 364
23 364
86 694

Estimated living cost  is ₽45897 per week

₽31412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2256
₽106637
₽136727
₽15494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
accident
-
-
-
244
income
-
-
-
66 569
other
-
-
-
358
health
-
-
-
2 110
pensions
-
-
-
4 025
total
-
-
-
73 306
Employee
32 983
-
211 624
-
pensions
3 714
-
7 380
-
income
4 525
-
52 409
-
health
3 777
-
24 231
-
total
12 016
-
84 020
-
Employer
32 983
-
211 624
-
pensions
5 363
-
10 657
-
accident
551
-
3 534
-
unemployment
808
-
5 185
-
total
6 722
-
19 376
-
Corporate
191 296
231 000
-
-
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.

172 166
207 900
-
-
total
172 166
207 900
-
-
Dividends
19 129
23 100
-
-
withholding
3 635
4 389
-
-
total
3 635
4 389
-
-
Income
231 000
231 000
231 000
231 000
Total tax
194 539
212 289
103 396
73 306
After tax
36 461
18 711
127 604
157 694
Living cost
20 967
20 967
20 967
20 967
Free-cash
15 494
-2 256
106 637
136 727

Estimated living cost  is ₽20967 per week

₽15262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104131
₽76759
₽103220
₽107159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
231 000
health
-
-
-
3 159
municipal
-
-
-
41 011
national
-
-
-
46 985
total
-
-
-
91 155
Employee
50 190
-
194 328
-
municipal
8 221
-
31 626
-
unemployment
753
-
2 915
-
pensions
3 387
-
13 118
-
national
829
-
30 693
-
health
375
-
2 594
-
total
13 565
-
80 946
-
Employer
50 190
-
194 328
-
health
386
-
1 497
-
pensions
8 708
-
33 715
-
accident
51
-
194
-
unemployment
326
-
1 264
-
total
9 471
-
36 670
-
Corporate
171 341
231 000
-
-
income
34 267
46 199
-
-
total
34 267
46 199
-
-
Dividends

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

102 805
138 601
-
-
municipal
18 505
24 948
-
-
national
11 408
19 097
-
-
total
29 913
44 045
-
-
Income
231 000
231 000
231 000
231 000
Total tax
87 216
90 244
117 616
91 155
After tax
143 784
140 756
113 384
139 845
Living cost
36 625
36 625
36 625
36 625
Free-cash
107 159
104 131
76 759
103 220

Estimated living cost  is ₽36625 per week

₽23923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146224
₽130788
₽132648
₽141035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
54 939
social contributions
-
-
-
15 435
health
-
-
-
5 891
total
-
-
-
76 265
Employee
73 355
73 355
218 742
-
social contributions
2 773
6 088
8 212
-
income
7 987
6 790
53 937
-
health
568
1 247
3 718
-
total
11 328
14 125
65 867
-
Employer
73 355
73 355
218 742
-
health
617
1 358
4 046
-
social contributions
2 773
6 088
8 212
-
total
3 390
7 446
12 258
-
Corporate
194 194
150 199
-
-
income
24 275
18 775
-
-
total
24 275
18 775
-
-
Dividends
169 919
131 425
-
-
withholding
28 885
22 343
-
-
total
28 885
22 343
-
-
Income
231 000
231 000
231 000
231 000
Total tax
67 878
62 689
78 125
76 265
After tax
163 122
168 311
152 875
154 735
Living cost
22 087
22 087
22 087
22 087
Free-cash
141 035
146 224
130 788
132 648

Estimated living cost  is ₽22087 per week

₽13237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176144
₽163150
₽182284
₽171291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
231 000
income
-
-
-
24 023
unemployment
-
-
-
27
health
-
-
-
3 452
pensions
-
-
-
6 068
total
-
-
-
33 570
Employee

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

21 897
-
221 677
-
unemployment
109
-
453
-
pensions
3 284
-
13 577
-
income
1 497
-
21 657
-
health
1 861
-
7 694
-
total
6 751
-
43 381
-
Employer

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

21 897
-
221 677
-
health
941
-
3 892
-
pensions
1 204
-
4 978
-
unemployment
109
-
453
-
total
2 254
-
9 323
-
Corporate
206 850
231 000
-
-
income
18 617
20 790
-
-
total
18 617
20 790
-
-
Dividends
188 232
210 210
-
-
withholding
16 941
18 920
-
-
total
16 941
18 920
-
-
Income
231 000
231 000
231 000
231 000
Total tax
44 563
39 710
52 704
33 570
After tax
186 437
191 290
178 296
197 430
Living cost
15 146
15 146
15 146
15 146
Free-cash
171 291
176 144
163 150
182 284

Estimated living cost  is ₽15146 per week

₽9663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126985
₽98695
₽102698
₽122772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
accident
-
-
-
797
income
-
-
-
75 542
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
102 069
Employee
35 273
-
202 812
-
other
34
-
89
-
unemployment
547
-
1 370
-
pensions
1 658
-
4 156
-
income
6 800
-
72 267
-
total
9 039
-
77 882
-
Employer
35 273
-
202 812
-
pensions
8 324
-
20 868
-
accident
699
-
1 751
-
unemployment
1 941
-
4 863
-
other
282
-
708
-
total
11 246
-
28 190
-
Corporate
184 481
231 000
-
-
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.

27 672
34 649
-
-
total
27 672
34 649
-
-
Dividends
156 808
196 351
-
-
withholding
34 038
43 133
-
-
total
34 038
43 133
-
-
Income
231 000
231 000
231 000
231 000
Total tax
81 995
77 782
106 072
102 069
After tax
149 005
153 218
124 928
128 931
Living cost
26 233
26 233
26 233
26 233
Free-cash
122 772
126 985
98 695
102 698

Estimated living cost  is ₽26233 per week

₽17707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142294
₽147083
₽147214
₽141991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
79 608
health
-
-
-
978
pensions
-
-
-
1 350
total
-
-
-
81 936
Employee
2 818
-
229 482
-
unemployment
28
-
67
-
pensions
254
-
607
-
income
545
-
79 538
-
health
141
-
337
-
total
968
-
80 549
-
Employer
2 818
-
229 482
-
health
268
-
641
-
pensions
310
-
742
-
unemployment
56
-
135
-
total
634
-
1 518
-
Corporate
227 548
231 000
-
-
income
50 060
50 820
-
-
total
50 060
50 820
-
-
Dividends
177 487
180 180
-
-
withholding
35 497
36 036
-
-
total
35 497
36 036
-
-
Income
231 000
231 000
231 000
231 000
Total tax
87 159
86 856
82 067
81 936
After tax
143 841
144 144
148 933
149 064
Living cost
1 850
1 850
1 850
1 850
Free-cash
141 991
142 294
147 083
147 214

Estimated living cost  is ₽1850 per week

₽1100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150397
₽134082
₽134082
₽145703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 000
income
-
-
-
53 764
unemployment
-
-
-
1 058
health
-
-
-
7 263
pensions
-
-
-
18 333
total
-
-
-
80 418
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.

24 882
-
218 378
-
unemployment
187
-
529
-
pensions
3 483
-
9 872
-
income
3 430
-
53 764
-
health
1 281
-
3 631
-
total
8 381
-
67 796
-
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.

24 882
-
218 378
-
health
1 281
-
3 631
-
pensions
2 986
-
8 462
-
unemployment
187
-
529
-
total
4 454
-
12 622
-
Corporate
201 665
231 000
-
-
income
30 250
34 650
-
-
total
30 250
34 650
-
-
Dividends
171 415
196 350
-
-
withholding
25 712
29 453
-
-
total
25 712
29 453
-
-
Income
231 000
231 000
231 000
231 000
Total tax
68 797
64 103
80 418
80 418
After tax
162 203
166 897
150 582
150 582
Living cost
16 500
16 500
16 500
16 500
Free-cash
145 703
150 397
134 082
134 082

Estimated living cost  is ₽16500 per week

₽11110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1276
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.
₽3637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105675
₽75302
₽93952
₽105332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 000
income
-
-
-
31 057
surtax
-
-
-
-
social contributions

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

-
-
-
80 273
total
-
-
-
111 330
Employee
37 025
-
186 667
-
surtax
-
-
532
-
social contributions
4 073
-
20 533
-
income
7 235
-
64 582
-
total
11 308
-
85 647
-
Employer
37 025
-
186 667
-
social contributions
8 793
-
44 333
-
total
8 793
-
44 333
-
Corporate
185 182
231 000
-
-
income
38 887
48 509
-
-
surtax
-
-
-
-
total
38 887
48 509
-
-
Dividends
146 295
182 491
-
-
withholding
40 962
51 098
-
-
total
40 962
51 098
-
-
Income
231 000
231 000
231 000
231 000
Total tax
99 950
99 607
129 980
111 330
After tax
131 050
131 393
101 020
119 670
Living cost
25 718
25 718
25 718
25 718
Free-cash
105 332
105 675
75 302
93 952

Estimated living cost  is ₽25718 per week

₽18215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1787
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.
₽5261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119692
₽91402
₽95405
₽113451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
accident
-
-
-
797
income
-
-
-
75 542
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
102 069
Employee
46 072
-
202 812
-
other
45
-
89
-
unemployment
713
-
1 370
-
pensions
2 165
-
4 156
-
income
9 623
-
72 267
-
total
12 546
-
77 882
-
Employer
46 072
-
202 812
-
pensions
10 873
-
20 868
-
accident
912
-
1 751
-
unemployment
2 534
-
4 863
-
other
369
-
708
-
total
14 688
-
28 190
-
Corporate
170 239
231 000
-
-
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.

25 536
34 649
-
-
total
25 536
34 649
-
-
Dividends
144 703
196 351
-
-
withholding
31 253
43 133
-
-
total
31 253
43 133
-
-
Income
231 000
231 000
231 000
231 000
Total tax
84 023
77 782
106 072
102 069
After tax
146 977
153 218
124 928
128 931
Living cost
33 526
33 526
33 526
33 526
Free-cash
113 451
119 692
91 402
95 405

Estimated living cost  is ₽33526 per week

₽24077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6371
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽181101
₽180792
₽171052
₽175289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
34 650
unemployment
-
-
-
133
health
-
-
-
3 831
pensions

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

-
-
-
4 930
total
-
-
-
43 544
Employee
21 722
-
224 465
-
accident

We are using the highest rate at 1.1%.

239
-
366
-
pensions

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

1 907
-
2 925
-
income
2 173
-
22 446
-
health
999
-
1 532
-
total
5 318
-
27 269
-
Employer
21 722
-
224 465
-
health
1 499
-
2 298
-
pensions

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

2 394
-
3 671
-
accident

We are using the highest rate at 1.1%.

239
-
366
-
unemployment
130
-
200
-
total
4 262
-
6 535
-
Corporate
205 016
231 000
-
-
income
20 501
23 100
-
-
total
20 501
23 100
-
-
Dividends
184 515
207 900
-
-
withholding
9 226
10 395
-
-
total
9 226
10 395
-
-
Income
231 000
231 000
231 000
231 000
Total tax
39 307
33 495
33 804
43 544
After tax
191 693
197 505
197 196
187 456
Living cost
16 404
16 404
16 404
16 404
Free-cash
175 289
181 101
180 792
171 052

Estimated living cost  is ₽16404 per week

₽10850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81952
₽104954
₽78170
₽94434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 000
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.

-
-
-
78 387
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.

-
-
-
4 312
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.

-
-
-
6 517
trade
-
-
-
26 784
total
-
-
-
116 000
Employee

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

47 465
-
231 000
-
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.

215
-
4 312
-
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.

3 903
-
78 387
-
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.

6 517
-
6 517
-
total
10 635
-
89 216
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
183 535
231 000
-
-
income
27 529
34 649
-
-
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
1 906
-
-
chamber of commerce
415
483
-
-
trade
26 336
33 149
-
-
total
55 793
70 187
-
-
Dividends
127 741
160 812
-
-
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.

1 736
2 190
-
-
withholding
31 572
39 841
-
-
total
33 308
42 031
-
-
Income
231 000
231 000
231 000
231 000
Total tax
99 736
112 218
89 216
116 000
After tax
131 264
118 782
141 784
115 000
Living cost
36 830
36 830
36 830
36 830
Free-cash
94 434
81 952
104 954
78 170

Estimated living cost  is ₽36830 per week

₽25406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107359
₽60029
₽60029
₽109463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
76 632
social contributions
-
-
-
39 997
total
-
-
-
116 629
Employee
74 621
-
231 000
-
income
14 081
-
76 632
-
social contributions
6 199
-
39 997
-
total
20 280
-
116 629
-
Employer
74 621
-
231 000
-
total
-
-
-
-
Corporate
156 379
231 000
-
-
income
19 548
28 875
-
-
total
19 548
28 875
-
-
Dividends
136 831
202 125
-
-
withholding
27 367
40 424
-
-
total
27 367
40 424
-
-
Income
231 000
231 000
231 000
231 000
Total tax
67 195
69 299
116 629
116 629
After tax
163 805
161 701
114 371
114 371
Living cost
54 342
54 342
54 342
54 342
Free-cash
109 463
107 359
60 029
60 029

Estimated living cost  is ₽54342 per week

₽41342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110480
₽125775
₽155898
₽113815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 000
income
-
-
-
34 649
health

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

-
-
-
5 824
total
-
-
-
40 473
Employee
43 762
-
226 612
-
income
4 748
-
61 820
-
social contributions
4 385
-
4 388
-
total
9 133
-
66 208
-
Employer
43 762
-
226 612
-
social contributions
4 385
-
4 388
-
total
4 385
-
4 388
-
Corporate
182 853
231 000
-
-
income
63 998
80 851
-
-
total
63 998
80 851
-
-
Dividends
118 855
150 149
-
-
social contributions
5 040
5 040
-
-
total
5 040
5 040
-
-
Income
231 000
231 000
231 000
231 000
Total tax
82 556
85 891
70 596
40 473
After tax
148 444
145 109
160 404
190 527
Living cost
34 629
34 629
34 629
34 629
Free-cash
113 815
110 480
125 775
155 898

Estimated living cost  is ₽34629 per week

₽22810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109157
₽92694
₽113243
₽114748
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
72 883
pensions
-
-
-
9 790
total
-
-
-
82 673
Employee
48 158
-
201 193
-
pensions
3 676
-
11 570
-
income
8 770
-
59 181
-
health
628
-
2 665
-
total
13 074
-
73 416
-
Employer
48 158
-
201 193
-
health
915
-
3 823
-
pensions
4 866
-
25 983
-
total
5 781
-
29 806
-
Corporate
177 061
231 000
-
-
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.

33 643
43 890
-
-
total
33 643
43 890
-
-
Dividends
143 418
187 110
-
-
withholding
28 670
42 869
-
-
total
28 670
42 869
-
-
Income
231 000
231 000
231 000
231 000
Total tax
81 168
86 759
103 222
82 673
After tax
149 832
144 241
127 778
148 327
Living cost
35 084
35 084
35 084
35 084
Free-cash
114 748
109 157
92 694
113 243

Estimated living cost  is ₽35084 per week

₽24068
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.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4332
₽104561
₽134651
₽15176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
accident
-
-
-
244
income
-
-
-
66 569
other
-
-
-
358
health
-
-
-
2 110
pensions
-
-
-
4 025
total
-
-
-
73 306
Employee
36 247
-
211 624
-
pensions
4 082
-
7 380
-
income
4 973
-
52 409
-
health
4 150
-
24 231
-
total
13 205
-
84 020
-
Employer
36 247
-
211 624
-
pensions
5 894
-
10 657
-
accident
605
-
3 534
-
unemployment
888
-
5 185
-
total
7 387
-
19 376
-
Corporate
187 366
231 000
-
-
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.

168 629
207 900
-
-
total
168 629
207 900
-
-
Dividends
18 736
23 100
-
-
withholding
3 560
4 389
-
-
total
3 560
4 389
-
-
Income
231 000
231 000
231 000
231 000
Total tax
192 781
212 289
103 396
73 306
After tax
38 219
18 711
127 604
157 694
Living cost
23 043
23 043
23 043
23 043
Free-cash
15 176
-4 332
104 561
134 651

Estimated living cost  is ₽23043 per week

₽16911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163848
₽158145
₽137199
₽160966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
231 000
income
-
-
-
39 042
unemployment
-
-
-
1 828
work injury
-
-
-
762
health insurance
-
-
-
11 273
pensions
-
-
-
28 029
total
-
-
-
80 934
Employee

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

20 586
-
231 000
-
health insurance
1 523
-
5 636
-
unemployment
247
-
914
-
work injury
103
-
381
-
pensions
3 788
-
14 015
-
income
2 059
-
39 042
-
total
7 720
-
59 988
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
210 414
231 000
-
-
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%.

21 041
23 100
-
-
total
21 041
23 100
-
-
Dividends
189 372
207 900
-
-
withholding
28 406
31 185
-
-
total
28 406
31 185
-
-
Income
231 000
231 000
231 000
231 000
Total tax
57 167
54 285
59 988
80 934
After tax
173 833
176 715
171 012
150 066
Living cost
12 867
12 867
12 867
12 867
Free-cash
160 966
163 848
158 145
137 199

Estimated living cost  is ₽12867 per week

₽7971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83674
₽63548
₽71385
₽79333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
social contributions
-
-
-
47 745
regional
-
-
-
5 783
municipal
-
-
-
1 649
national
-
-
-
66 435
total
-
-
-
121 612
Employee
80 387
-
231 000
-
municipal
480
-
1 515
-
national
13 585
-
60 050
-
regional
1 214
-
5 289
-
social contributions
27 106
-
62 595
-
total
42 385
-
129 449
-
Employer
80 387
-
231 000
-
total
-
-
-
-
Corporate
150 613
231 000
-
-
municipal
7 259
11 133
-
-
nationa
36 147
55 439
-
-
total
43 406
66 572
-
-
Dividends
107 208
164 427
-
-
withholding
27 873
42 751
-
-
total
27 873
42 751
-
-
Income
231 000
231 000
231 000
231 000
Total tax
113 664
109 323
129 449
121 612
After tax
117 336
121 677
101 551
109 388
Living cost
38 003
38 003
38 003
38 003
Free-cash
79 333
83 674
63 548
71 385

Estimated living cost  is ₽38003 per week

₽26695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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