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
₽86406
₽97368
₽83158
₽112286
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
29 128
income

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

-
-
-
77 669
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.

-
-
-
6 768
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.

-
-
-
4 271
total
-
-
-
117 836
Employee

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

37 891
-
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.

1 058
-
77 669
-
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.

58
-
4 271
-
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.

6 768
-
6 768
-
total
7 884
-
88 708
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
193 109
231 000
-
-
income
28 967
34 650
-
-
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.

1 592
1 906
-
-
trade
30 414
36 383
-
-
chamber of commerce
429
483
-
-
total
61 402
73 422
-
-
Dividends
131 707
157 578
-
-
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.

1 790
2 147
-
-
withholding
32 550
39 019
-
-
total
34 340
41 166
-
-
Income
231 000
231 000
231 000
231 000
Total tax
103 626
114 588
88 708
117 836
After tax
127 374
116 412
142 292
113 164
Living cost
30 006
30 006
30 006
30 006
Free-cash
97 368
86 406
112 286
83 158

Estimated living cost  is ₽30006 per week

₽18875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90343
₽89448
₽78353
₽79592
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
25 618
national
-
-
-
43 025
pensions
-
-
-
27 720
social contributions
-
-
-
2 483
total
-
-
-
98 846
Employee
83 401
-
199 697
-
national
15 963
-
44 984
-
pensions
3 336
-
7 988
-
municipal
10 301
-
26 512
-
total
29 600
-
79 484
-
Employer
83 401
-
199 697
-
social contributions
897
-
2 147
-
pensions
6 672
-
15 976
-
total
7 569
-
18 123
-
Corporate
134 526
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%.

26 905
46 200
-
-
total
26 905
46 200
-
-
Dividends
107 621
184 800
-
-
withholding
23 677
40 656
-
-
total
23 677
40 656
-
-
Income
231 000
231 000
231 000
231 000
Total tax
87 751
86 856
97 607
98 846
After tax
143 249
144 144
133 393
132 154
Living cost
53 801
53 801
53 801
53 801
Free-cash
89 448
90 343
79 592
78 353

Estimated living cost  is ₽53801 per week

₽36568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽805
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164190
₽156064
₽63957
₽80251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
49 571
surtax
-
-
-
58 905
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.

-
-
-
37 957
total
-
-
-
146 433
Employee
28 948
-
182 484
-
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.

3 185
-
12 987
-
income
5 153
-
42 177
-
surtax
-
-
26 461
-
total
8 338
-
81 625
-
Employer
28 948
-
182 484
-
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.

6 973
-
28 442
-
surtax
-
-
20 072
-
total
6 973
-
48 514
-
Corporate
195 080
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%.

39 015
46 200
-
-
total
39 015
46 200
-
-
Dividends

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

156 065
184 800
-
-
total
-
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
54 326
46 200
130 139
146 433
After tax
176 674
184 800
100 861
84 567
Living cost
20 610
20 610
20 610
20 610
Free-cash
156 064
164 190
80 251
63 957

Estimated living cost  is ₽20610 per week

₽13149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73708
₽67639
₽82100
₽106222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 577
health
-
-
-
12 216
pensions
-
-
-
11 607
total
-
-
-
107 400
Employee
84 599
84 599
212 589
-
pensions
15 228
11 607
11 607
-
income

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

13 847
13 847
41 045
-
health
12 985
11 045
12 216
-
total
42 060
36 499
64 868
-
Employer
84 599
84 599
212 589
-
health
5 881
5 881
7 307
-
pensions
5 888
5 888
7 319
-
unemployment
3 046
3 046
3 784
-
total
14 815
14 815
18 410
-
Corporate
132 625
131 587
-
-
income
26 524
26 318
-
-
total
26 524
26 318
-
-
Dividends
106 100
105 270
-
-
income
22 546
22 370
-
-
withholding
15 916
15 790
-
-
total
38 462
38 160
-
-
Income
231 000
231 000
231 000
231 000
Total tax
121 861
115 792
83 278
107 400
After tax
109 139
115 208
147 722
123 600
Living cost
41 500
41 500
41 500
41 500
Free-cash
67 639
73 708
106 222
82 100

Estimated living cost  is ₽41500 per week

₽29410
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86504
₽85615
₽75534
₽74573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
61 382
national
-
-
-
29 304
unemployment
-
-
-
87
accident
-
-
-
174
health
-
-
-
5 419
pensions
-
-
-
9 387
other
-
-
-
10 091
total
-
-
-
115 844
Employee
56 457
-
203 716
-
national
-
-
28 772
-
municipal
16 836
-
60 748
-
total
16 836
-
89 520
-
Employer
56 457
-
203 716
-
health
3 472
-
5 341
-
pensions
6 103
-
9 387
-
accident
113
-
174
-
other
6 560
-
10 091
-
unemployment
1 490
-
2 292
-
total
17 738
-
27 285
-
Corporate
156 804
231 000
-
-
income
34 497
50 820
-
-
total
34 497
50 820
-
-
Dividends
122 307
180 180
-
-
withholding
36 692
54 054
-
-
total
36 692
54 054
-
-
Income
231 000
231 000
231 000
231 000
Total tax
105 763
104 874
116 805
115 844
After tax
125 237
126 126
114 195
115 156
Living cost
39 622
39 622
39 622
39 622
Free-cash
85 615
86 504
74 573
75 534

Estimated living cost  is ₽39622 per week

₽26260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76309
₽90230
₽72951
₽103375
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
30 424
income

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

-
-
-
77 669
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.

-
-
-
6 768
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.

-
-
-
4 271
total
-
-
-
119 132
Employee

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

50 239
-
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.

4 316
-
77 669
-
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.

237
-
4 271
-
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.

6 768
-
6 768
-
total
11 321
-
88 708
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 761
231 000
-
-
income
27 115
34 650
-
-
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.

1 491
1 906
-
-
trade
29 735
38 000
-
-
chamber of commerce
408
479
-
-
total
58 749
75 035
-
-
Dividends
122 012
155 965
-
-
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.

1 656
2 124
-
-
withholding
30 127
38 615
-
-
total
31 783
40 739
-
-
Income
231 000
231 000
231 000
231 000
Total tax
101 853
115 774
88 708
119 132
After tax
129 147
115 226
142 292
111 868
Living cost
38 917
38 917
38 917
38 917
Free-cash
90 230
76 309
103 375
72 951

Estimated living cost  is ₽38917 per week

₽26028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4104
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136202
₽132093
₽122928
₽121049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 021
health
-
-
-
5 890
social contributions
-
-
-
16 029
total
-
-
-
75 940
Employee
76 177
76 177
218 431
-
social contributions
3 702
6 322
8 528
-
income
7 999
7 052
53 010
-
health
758
1 295
3 713
-
total
12 459
14 669
65 251
-
Employer
76 177
76 177
218 431
-
social contributions
3 702
6 322
8 528
-
health
825
1 410
4 040
-
total
4 527
7 732
12 568
-
Corporate
181 882
147 090
-
-
income
22 734
18 386
-
-
total
22 734
18 386
-
-
Dividends
159 148
128 704
-
-
withholding
27 055
21 879
-
-
total
27 055
21 879
-
-
Income
231 000
231 000
231 000
231 000
Total tax
66 775
62 666
77 819
75 940
After tax
164 225
168 334
153 181
155 060
Living cost
32 132
32 132
32 132
32 132
Free-cash
132 093
136 202
121 049
122 928

Estimated living cost  is ₽32132 per week

₽21966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110189
₽110595
₽140539
₽114425
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
3 465
income
-
-
-
28 240
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.

28 128
11 195
193 305
-
pensions
2 813
1 119
19 331
-
unemployment
422
168
2 900
-
income
3 439
1 369
23 632
-
health
1 969
784
13 531
-
total
8 643
3 440
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.

28 128
11 195
193 305
-
pensions
5 485
2 183
37 695
-
total
5 485
2 183
37 695
-
Corporate
197 387
217 622
-
-
income
17 765
19 586
-
-
total
17 765
19 586
-
-
Dividends
179 622
198 036
-
-
social contributions
34 898
38 489
-
-
withholding
34 128
37 627
-
-
total
69 026
76 116
-
-
Income
231 000
231 000
231 000
231 000
Total tax
100 919
101 325
97 089
70 975
After tax
130 081
129 675
133 911
160 025
Living cost
19 486
19 486
19 486
19 486
Free-cash
110 595
110 189
114 425
140 539

Estimated living cost  is ₽19486 per week

₽13297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160872
₽154719
₽99887
₽109218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 954
health
-
-
-
30 031
pensions
-
-
-
46 200
total
-
-
-
107 185
Employee
28 104
-
172 644
-
pensions
562
-
3 454
-
unemployment
449
-
2 762
-
income
3 164
-
33 285
-
total
4 175
-
39 501
-
Employer
28 104
-
172 644
-
health
3 653
-
22 443
-
pensions
5 621
-
34 528
-
unemployment
226
-
1 382
-
total
9 500
-
58 353
-
Corporate
193 397
231 000
-
-
income
38 678
46 200
-
-
total
38 678
46 200
-
-
Dividends
154 718
184 800
-
-
total
-
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
52 353
46 200
97 854
107 185
After tax
178 647
184 800
133 146
123 815
Living cost
23 928
23 928
23 928
23 928
Free-cash
154 719
160 872
109 218
99 887

Estimated living cost  is ₽23928 per week

₽16412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2991
₽15382
₽136004
₽105783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
249
income
-
-
-
66 424
health
-
-
-
2 151
pensions
-
-
-
4 104
other
-
-
-
366
total
-
-
-
73 294
Employee
34 138
-
211 422
-
pensions
3 844
-
7 526
-
income
4 683
-
52 202
-
health
3 909
-
24 208
-
total
12 436
-
83 936
-
Employer
34 138
-
211 422
-
pensions
5 551
-
10 868
-
accident
570
-
3 531
-
unemployment
836
-
5 180
-
total
6 957
-
19 579
-
Corporate
189 905
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.

170 915
207 900
-
-
total
170 915
207 900
-
-
Dividends
18 990
23 100
-
-
withholding
3 608
4 389
-
-
total
3 608
4 389
-
-
Income
231 000
231 000
231 000
231 000
Total tax
193 916
212 289
103 515
73 294
After tax
37 084
18 711
127 485
157 706
Living cost
21 702
21 702
21 702
21 702
Free-cash
15 382
-2 991
105 783
136 004

Estimated living cost  is ₽21702 per week

₽15905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽210984
₽209397
₽220224
₽176334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 582
-
231 000
-
income
2 116
-
46 200
-
total
2 116
-
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%.

220 418
231 000
-
-
total
-
-
-
-
Dividends
220 418
231 000
-
-
withholding
11 021
11 550
-
-
total
11 021
11 550
-
-
Income
231 000
231 000
231 000
231 000
Total tax
13 137
11 550
46 200
2 310
After tax
217 863
219 450
184 800
228 690
Living cost
8 466
8 466
8 466
8 466
Free-cash
209 397
210 984
176 334
220 224

Estimated living cost  is ₽8466 per week

₽5247
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143318
₽136628
₽113589
₽111700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 074
health
-
-
-
6 629
pensions

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

-
-
-
36 156
other
-
-
-
7 155
total
-
-
-
91 014
Employee
35 970
-
192 701
-
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.

2 517
-
10 545
-
unemployment
359
-
1 506
-
income
6 193
-
40 444
-
health
504
-
2 109
-
total
9 573
-
54 604
-
Employer
35 970
-
192 701
-
health
504
-
2 109
-
pensions

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

6 116
-
25 611
-
accident
288
-
1 542
-
other
1 799
-
7 531
-
unemployment
359
-
1 506
-
total
9 066
-
38 299
-
Corporate
185 965
231 000
-
-
income
39 053
48 511
-
-
total
39 053
48 511
-
-
Dividends
146 912
182 489
-
-
withholding
10 283
12 774
-
-
total
10 283
12 774
-
-
Income
231 000
231 000
231 000
231 000
Total tax
67 975
61 285
92 903
91 014
After tax
163 025
169 715
138 097
139 986
Living cost
26 397
26 397
26 397
26 397
Free-cash
136 628
143 318
111 700
113 589

Estimated living cost  is ₽26397 per week

₽18651
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78624
₽86642
₽82414
₽61814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 926
pensions
-
-
-
10 070
total
-
-
-
81 996
Employee
94 215
-
201 276
-
pensions
9 089
-
11 980
-
income
16 983
-
58 191
-
health
1 553
-
2 702
-
total
27 625
-
72 873
-
Employer
94 215
-
201 276
-
health
1 789
-
3 824
-
pensions
11 124
-
25 899
-
total
12 913
-
29 723
-
Corporate
123 871
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.

23 535
43 889
-
-
total
23 535
43 889
-
-
Dividends
100 336
187 111
-
-
withholding
13 695
41 897
-
-
total
13 695
41 897
-
-
Income
231 000
231 000
231 000
231 000
Total tax
77 768
85 786
102 596
81 996
After tax
153 232
145 214
128 404
149 004
Living cost
66 590
66 590
66 590
66 590
Free-cash
86 642
78 624
61 814
82 414

Estimated living cost  is ₽66590 per week

₽49897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8328
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽184521
₽179920
₽174131
₽183797
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
138
income
-
-
-
34 650
health
-
-
-
3 978
pensions

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

-
-
-
5 119
total
-
-
-
43 885
Employee
17 192
-
224 213
-
pensions

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

1 510
-
3 037
-
income
1 719
-
22 422
-
health
791
-
1 591
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
total
4 209
-
27 431
-
Employer
17 192
-
224 213
-
health
1 187
-
2 387
-
pensions

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

1 895
-
3 812
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
unemployment
103
-
208
-
total
3 374
-
6 788
-
Corporate
210 434
231 000
-
-
income
21 044
23 100
-
-
total
21 044
23 100
-
-
Dividends
189 390
207 900
-
-
withholding
9 469
10 395
-
-
total
9 469
10 395
-
-
Income
231 000
231 000
231 000
231 000
Total tax
38 096
33 495
34 219
43 885
After tax
192 904
197 505
196 781
187 115
Living cost
12 984
12 984
12 984
12 984
Free-cash
179 920
184 521
183 797
174 131

Estimated living cost  is ₽12984 per week

₽7580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60274
₽62768
₽68666
₽92788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 577
health
-
-
-
12 216
pensions
-
-
-
11 607
total
-
-
-
107 400
Employee
91 847
84 599
212 589
-
pensions
11 607
11 607
11 607
-
income

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

13 847
13 847
41 045
-
health
11 458
11 045
12 216
-
total
36 912
36 499
64 868
-
Employer
91 847
84 599
212 589
-
health
6 382
5 881
7 307
-
pensions
6 392
5 888
7 319
-
unemployment
3 307
3 046
3 784
-
total
16 081
14 815
18 410
-
Corporate
123 072
131 587
-
-
income
24 614
26 318
-
-
total
24 614
26 318
-
-
Dividends
98 457
105 270
-
-
income
20 922
22 370
-
-
withholding
14 769
15 790
-
-
total
35 691
38 160
-
-
Income
231 000
231 000
231 000
231 000
Total tax
113 298
115 792
83 278
107 400
After tax
117 702
115 208
147 722
123 600
Living cost
54 934
54 934
54 934
54 934
Free-cash
62 768
60 274
92 788
68 666

Estimated living cost  is ₽54934 per week

₽40523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134357
₽125549
₽111975
₽101822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
2 985
income
-
-
-
24 644
health
-
-
-
31 185
social contributions
-
-
-
35 524
total
-
-
-
94 338
Employee
36 304
-
184 024
-
social contributions
2 360
-
7 908
-
income
4 357
-
22 691
-
solidarity contribution
-
-
2 073
-
health
4 901
-
24 843
-
total
11 618
-
57 515
-
Employer
36 304
-
184 024
-
social contributions
9 076
-
30 414
-
health
3 267
-
16 562
-
total
12 343
-
46 976
-
Corporate
182 352
231 000
-
-
income
34 647
43 890
-
-
total
34 647
43 890
-
-
Dividends
147 705
187 110
-
-
withholding
22 156
28 066
-
-
total
22 156
28 066
-
-
Income
231 000
231 000
231 000
231 000
Total tax
80 764
71 956
104 491
94 338
After tax
150 236
159 044
126 509
136 662
Living cost
24 687
24 687
24 687
24 687
Free-cash
125 549
134 357
101 822
111 975

Estimated living cost  is ₽24687 per week

₽17148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5297
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81446
₽76273
₽70036
₽61638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 451
national
-
-
-
65 169
regional
-
-
-
2 960
social contributions
-
-
-
49 582
total
-
-
-
119 162
Employee
88 044
-
231 000
-
national
15 256
-
58 538
-
social contributions
29 688
-
65 004
-
municipal
466
-
1 327
-
regional
831
-
2 691
-
total
46 241
-
127 560
-
Employer
88 044
-
231 000
-
total
-
-
-
-
Corporate
142 956
231 000
-
-
municipal
5 576
9 009
-
-
nationa
34 309
55 440
-
-
total
39 885
64 449
-
-
Dividends
103 071
166 551
-
-
withholding
26 799
43 303
-
-
total
26 799
43 303
-
-
Income
231 000
231 000
231 000
231 000
Total tax
112 925
107 752
127 560
119 162
After tax
118 075
123 248
103 440
111 838
Living cost
41 802
41 802
41 802
41 802
Free-cash
76 273
81 446
61 638
70 036

Estimated living cost  is ₽41802 per week

₽29140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123439
₽120353
₽86703
₽80649
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
226
income
-
-
-
73 813
health
-
-
-
9 387
surtax
-
-
-
12 566
pensions
-
-
-
26 444
other
-
-
-
-
total
-
-
-
122 436
Employee
32 761
-
203 169
-
pensions
2 185
-
8 819
-
unemployment
2 280
-
9 202
-
income
5 491
-
67 888
-
other
-
-
-
-
surtax
107
-
11 379
-
health
837
-
3 371
-
total
10 900
-
100 659
-
Employer
32 761
-
203 169
-
health
1 491
-
6 016
-
pensions
4 367
-
17 625
-
other
-
-
-
-
unemployment
1 038
-
4 190
-
total
6 896
-
27 831
-
Corporate
191 344
231 000
-
-
income
49 750
60 059
-
-
total
49 750
60 059
-
-
Dividends
141 594
170 941
-
-
withholding
21 240
25 641
-
-
total
21 240
25 641
-
-
Income
231 000
231 000
231 000
231 000
Total tax
88 786
85 700
128 490
122 436
After tax
142 214
145 300
102 510
108 564
Living cost
21 861
21 861
21 861
21 861
Free-cash
120 353
123 439
80 649
86 703

Estimated living cost  is ₽21861 per week

₽13367
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2017
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99721
₽106297
₽103511
₽82911
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 926
pensions
-
-
-
10 070
total
-
-
-
81 996
Employee
63 141
-
201 276
-
pensions
5 359
-
11 980
-
income
11 372
-
58 191
-
health
917
-
2 702
-
total
17 648
-
72 873
-
Employer
63 141
-
201 276
-
health
1 199
-
3 824
-
pensions
6 835
-
25 899
-
total
8 034
-
29 723
-
Corporate
159 825
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.

30 366
43 889
-
-
total
30 366
43 889
-
-
Dividends
129 459
187 111
-
-
withholding
23 162
41 897
-
-
total
23 162
41 897
-
-
Income
231 000
231 000
231 000
231 000
Total tax
79 210
85 786
102 596
81 996
After tax
151 790
145 214
128 404
149 004
Living cost
45 493
45 493
45 493
45 493
Free-cash
106 297
99 721
82 911
103 511

Estimated living cost  is ₽45493 per week

₽34083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28325
₽61399
₽105714
₽97456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 434
national
-
-
-
6 107
regional
-
-
-
13 045
health
-
-
-
520
pensions
-
-
-
21 253
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
total
-
-
-
47 979
Employee
90 469
-
208 014
-
national
428
-
5 088
-
city
971
-
2 252
-
pensions
7 601
-
16 071
-
unemployment
-
-
-
-
health
205
-
469
-
regional
2 962
-
11 657
-
total
12 167
-
35 537
-
Employer
90 469
-
208 014
-
health
205
-
469
-
pensions
7 601
-
16 071
-
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.

1 809
-
4 160
-
unemployment
-
-
-
-
total
9 615
-
20 700
-
Corporate
129 923
231 000
-
-
national
11 043
19 635
-
-
regional
27 478
48 856
-
-
total
38 521
68 491
-
-
Dividends
91 401
162 509
-
-
withholding
31 991
56 877
-
-
total
31 991
56 877
-
-
Income
231 000
231 000
231 000
231 000
Total tax
92 294
125 368
56 237
47 979
After tax
138 706
105 632
174 763
183 021
Living cost
77 307
77 307
77 307
77 307
Free-cash
61 399
28 325
97 456
105 714

Estimated living cost  is ₽77307 per week

₽50271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽949
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽68654
₽84721
₽65192
₽96909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
31 717
income

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

-
-
-
77 669
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.

-
-
-
6 768
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.

-
-
-
4 271
total
-
-
-
120 425
Employee

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

59 537
-
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.

7 001
-
77 669
-
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.

385
-
4 271
-
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.

6 768
-
6 768
-
total
14 154
-
88 708
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 463
231 000
-
-
income
25 720
34 650
-
-
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.

1 414
1 906
-
-
trade
29 406
39 617
-
-
chamber of commerce
391
476
-
-
total
56 931
76 649
-
-
Dividends
114 532
154 352
-
-
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.

1 555
2 102
-
-
withholding
28 256
38 212
-
-
total
29 811
40 314
-
-
Income
231 000
231 000
231 000
231 000
Total tax
100 896
116 963
88 708
120 425
After tax
130 104
114 037
142 292
110 575
Living cost
45 383
45 383
45 383
45 383
Free-cash
84 721
68 654
96 909
65 192

Estimated living cost  is ₽45383 per week

₽33146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8018
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82531
₽88381
₽91807
₽84525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 222
health
-
-
-
11 530
surtax
-
-
-
-
pensions
-
-
-
35 804
other
-
-
-
7 161
social contributions
-
-
-
6 582
total
-
-
-
105 299
Employee
42 399
-
175 844
-
pensions
4 794
-
13 446
-
social contributions
1 209
-
5 010
-
income
2 502
-
38 969
-
surtax
-
-
-
-
total
8 505
-
57 425
-
Employer
42 399
-
175 844
-
social contributions
128
-
528
-
health
2 968
-
17 712
-
pensions
6 965
-
22 417
-
other
1 463
-
7 378
-
unemployment
1 716
-
7 121
-
total
13 240
-
55 156
-
Corporate
175 361
231 000
-
-
income
49 101
64 680
-
-
surtax
-
-
-
-
total
49 101
64 680
-
-
Dividends
126 259
166 320
-
-
social contributions
21 717
28 606
-
-
surtax
-
-
-
-
withholding
16 162
21 289
-
-
total
37 879
49 895
-
-
Income
231 000
231 000
231 000
231 000
Total tax
108 725
114 575
112 581
105 299
After tax
122 275
116 425
118 419
125 701
Living cost
33 894
33 894
33 894
33 894
Free-cash
88 381
82 531
84 525
91 807

Estimated living cost  is ₽33894 per week

₽21371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85889
₽91392
₽95165
₽87883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 222
health
-
-
-
11 530
surtax
-
-
-
-
pensions
-
-
-
35 804
other
-
-
-
7 161
social contributions
-
-
-
6 582
total
-
-
-
105 299
Employee
37 847
-
175 844
-
pensions
4 281
-
13 446
-
social contributions
1 079
-
5 010
-
income
1 951
-
38 969
-
surtax
-
-
-
-
total
7 311
-
57 425
-
Employer
37 847
-
175 844
-
social contributions
113
-
528
-
health
2 649
-
17 712
-
pensions
6 219
-
22 417
-
other
1 307
-
7 378
-
unemployment
1 532
-
7 121
-
total
11 820
-
55 156
-
Corporate
181 334
231 000
-
-
income
50 774
64 680
-
-
surtax
-
-
-
-
total
50 774
64 680
-
-
Dividends
130 559
166 320
-
-
social contributions
22 456
28 606
-
-
surtax
-
-
-
-
withholding
16 711
21 289
-
-
total
39 167
49 895
-
-
Income
231 000
231 000
231 000
231 000
Total tax
109 072
114 575
112 581
105 299
After tax
121 928
116 425
118 419
125 701
Living cost
30 536
30 536
30 536
30 536
Free-cash
91 392
85 889
87 883
95 165

Estimated living cost  is ₽30536 per week

₽17709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9146
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119922
₽120437
₽127339
₽120915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
16 125
social contributions
-
-
-
31 879
total
-
-
-
82 654
Employee
33 589
-
231 000
-
social contributions
4 636
-
31 879
-
income
5 602
-
41 074
-
health
2 344
-
16 125
-
total
12 582
-
89 078
-
Employer
33 589
-
231 000
-
total
-
-
-
-
Corporate
197 411
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%.

9 870
11 551
-
-
total
9 870
11 551
-
-
Dividends
187 541
219 449
-
-
social contributions
25 882
30 284
-
-
health
13 090
15 318
-
-
withholding
28 132
32 918
-
-
total
67 104
78 520
-
-
Income
231 000
231 000
231 000
231 000
Total tax
89 556
90 071
89 078
82 654
After tax
141 444
140 929
141 922
148 346
Living cost
21 007
21 007
21 007
21 007
Free-cash
120 437
119 922
120 915
127 339

Estimated living cost  is ₽21007 per week

₽14058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92367
₽90834
₽83300
₽25532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 076
income
-
-
-
75 334
chamber of commerce
-
-
-
923
health
-
-
-
8 853
surtax
-
-
-
196
pensions
-
-
-
21 411
total
-
-
-
112 793
Employee
49 509
39 479
191 934
-
pensions
5 070
4 042
11 851
-
unemployment
1 485
1 184
3 472
-
income
5 636
2 912
63 492
-
other
494
395
1 158
-
health
1 916
1 528
4 478
-
total
14 601
10 061
84 451
-
Employer
49 509
39 479
191 934
-
chamber of commerce
197
158
767
-
health
1 871
1 493
4 375
-
payroll
1 485
1 184
5 758
-
pensions
6 213
4 956
14 525
-
surtax
196
196
196
-
accident
643
513
1 504
-
other
2 352
1 874
8 469
-
unemployment
1 485
1 184
3 472
-
total
14 442
11 558
39 066
-
Corporate
167 049
179 963
188 174
-
income

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

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

41 762
44 991
47 044
-
total
41 762
44 991
47 044
-
Dividends
125 288
134 971
-
-
withholding
34 454
37 116
-
-
total
34 454
37 116
-
-
Income
231 000
231 000
231 000
231 000
Total tax
105 259
103 726
170 561
112 793
After tax
125 741
127 274
60 439
118 207
Living cost
34 907
34 907
34 907
34 907
Free-cash
90 834
92 367
25 532
83 300

Estimated living cost  is ₽34907 per week

₽23282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90189
₽78094
₽64392
₽42058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
93 410
communal

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

-
-
-
12 378
social contributions
-
-
-
24 699
total
-
-
-
130 487
Employee

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

70 863
-
178 914
-
national
21 786
-
68 025
-
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.

5 315
-
13 419
-
communal

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

3 696
-
9 332
-
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.

617
-
1 557
-
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.

3 329
-
8 407
-
total
34 743
-
100 740
-
Employer

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

70 863
-
178 914
-
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.

4 358
-
11 002
-
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.

6 279
-
15 852
-
surtax
8 035
-
20 289
-
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.

921
-
2 327
-
unemployment

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

1 034
-
2 611
-
total
20 627
-
52 081
-
Corporate
139 510
231 000
-
-
income
27 903
50 071
-
-
surtax
558
1 002
-
-
total
28 461
51 073
-
-
Dividends
111 049
179 927
-
-
withholding

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

32 954
53 617
-
-
total
32 954
53 617
-
-
Income
231 000
231 000
231 000
231 000
Total tax
116 785
104 690
152 821
130 487
After tax
114 215
126 310
78 179
100 513
Living cost
36 121
36 121
36 121
36 121
Free-cash
78 094
90 189
42 058
64 392

Estimated living cost  is ₽36121 per week

₽23267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9131
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117518
₽110731
₽93226
₽89070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
643
accident
-
-
-
827
income
-
-
-
74 450
pensions
-
-
-
25 985
other
-
-
-
92
total
-
-
-
101 997
Employee
49 313
-
201 727
-
pensions
2 318
-
4 316
-
unemployment
765
-
1 423
-
income
10 405
-
71 049
-
other
49
-
92
-
total
13 537
-
76 880
-
Employer
49 313
-
201 727
-
pensions
11 637
-
21 670
-
accident
976
-
1 818
-
other
393
-
735
-
unemployment
2 713
-
5 050
-
total
15 719
-
29 273
-
Corporate
165 969
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.

24 895
34 650
-
-
total
24 895
34 650
-
-
Dividends
141 074
196 350
-
-
withholding
30 341
43 055
-
-
total
30 341
43 055
-
-
Income
231 000
231 000
231 000
231 000
Total tax
84 492
77 705
106 153
101 997
After tax
146 508
153 295
124 847
129 003
Living cost
35 777
35 777
35 777
35 777
Free-cash
110 731
117 518
89 070
93 226

Estimated living cost  is ₽35777 per week

₽26346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2538
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76268
₽62643
₽54046
₽63253
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 948
income
-
-
-
44 263
communal
-
-
-
14 600
health
-
-
-
16 232
surtax
-
-
-
11 451
pensions
-
-
-
34 623
total
-
-
-
123 117
Employee
75 022
-
206 342
-
pensions
6 001
-
16 508
-
income
7 246
-
50 916
-
surtax
4 598
-
12 647
-
health
3 339
-
9 182
-
total
21 184
-
89 253
-
Employer
75 022
-
206 342
-
health
2 288
-
6 292
-
pensions
6 001
-
16 508
-
accident
675
-
1 857
-
total
8 964
-
24 657
-
Corporate
147 014
231 000
-
-
income
22 052
34 650
-
-
surtax
1 543
2 425
-
-
communal
9 924
15 592
-
-
total
33 519
52 667
-
-
Dividends
113 494
178 333
-
-
income
33 828
21 478
-
-
withholding
17 025
26 750
-
-
total
50 853
48 228
-
-
Income
231 000
231 000
231 000
231 000
Total tax
114 520
100 895
113 910
123 117
After tax
116 480
130 105
117 090
107 883
Living cost
53 837
53 837
53 837
53 837
Free-cash
62 643
76 268
63 253
54 046

Estimated living cost  is ₽53837 per week

₽40386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123049
₽119896
₽86313
₽80259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
226
income
-
-
-
73 813
health
-
-
-
9 387
surtax
-
-
-
12 566
pensions
-
-
-
26 444
other
-
-
-
-
total
-
-
-
122 436
Employee
33 362
-
203 169
-
pensions
2 226
-
8 819
-
unemployment
2 322
-
9 202
-
income
5 593
-
67 888
-
other
-
-
-
-
surtax
118
-
11 379
-
health
852
-
3 371
-
total
11 111
-
100 659
-
Employer
33 362
-
203 169
-
health
1 517
-
6 016
-
pensions
4 448
-
17 625
-
other
-
-
-
-
unemployment
1 058
-
4 190
-
total
7 023
-
27 831
-
Corporate
190 614
231 000
-
-
income
49 560
60 059
-
-
total
49 560
60 059
-
-
Dividends
141 055
170 941
-
-
withholding
21 159
25 641
-
-
total
21 159
25 641
-
-
Income
231 000
231 000
231 000
231 000
Total tax
88 853
85 700
128 490
122 436
After tax
142 147
145 300
102 510
108 564
Living cost
22 251
22 251
22 251
22 251
Free-cash
119 896
123 049
80 259
86 313

Estimated living cost  is ₽22251 per week

₽13434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94733
₽92535
₽84430
₽76075
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 451
national
-
-
-
65 169
regional
-
-
-
3 682
social contributions
-
-
-
49 582
total
-
-
-
119 884
Employee
54 954
-
231 000
-
national
8 706
-
58 538
-
social contributions
18 531
-
65 004
-
municipal
291
-
1 327
-
regional
740
-
3 370
-
total
28 268
-
128 239
-
Employer
54 954
-
231 000
-
total
-
-
-
-
Corporate
176 046
231 000
-
-
municipal
8 749
11 481
-
-
nationa
42 250
55 440
-
-
total
50 999
66 921
-
-
Dividends
125 047
164 079
-
-
withholding
32 512
42 660
-
-
total
32 512
42 660
-
-
Income
231 000
231 000
231 000
231 000
Total tax
111 779
109 581
128 239
119 884
After tax
119 221
121 419
102 761
111 116
Living cost
26 686
26 686
26 686
26 686
Free-cash
92 535
94 733
76 075
84 430

Estimated living cost  is ₽26686 per week

₽16596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128623
₽117771
₽106241
₽96088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
2 985
income
-
-
-
24 644
health
-
-
-
31 185
social contributions
-
-
-
35 524
total
-
-
-
94 338
Employee
44 736
-
184 024
-
social contributions
2 908
-
7 908
-
income
5 368
-
22 691
-
solidarity contribution
-
-
2 073
-
health
6 039
-
24 843
-
total
14 315
-
57 515
-
Employer
44 736
-
184 024
-
social contributions
11 184
-
30 414
-
health
4 026
-
16 562
-
total
15 210
-
46 976
-
Corporate
171 053
231 000
-
-
income
32 500
43 890
-
-
total
32 500
43 890
-
-
Dividends
138 553
187 110
-
-
withholding
20 783
28 066
-
-
total
20 783
28 066
-
-
Income
231 000
231 000
231 000
231 000
Total tax
82 808
71 956
104 491
94 338
After tax
148 192
159 044
126 509
136 662
Living cost
30 421
30 421
30 421
30 421
Free-cash
117 771
128 623
96 088
106 241

Estimated living cost  is ₽30421 per week

₽22623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5586
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95773
₽95282
₽86797
₽28880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 076
income
-
-
-
75 334
chamber of commerce
-
-
-
923
health
-
-
-
8 853
surtax
-
-
-
-
pensions
-
-
-
21 411
total
-
-
-
112 597
Employee
43 305
39 479
192 117
-
pensions
4 435
4 042
11 851
-
unemployment
1 299
1 184
3 472
-
income
3 858
2 912
63 582
-
other
432
395
1 158
-
health
1 675
1 528
4 478
-
total
11 699
10 061
84 541
-
Employer
43 305
39 479
192 117
-
chamber of commerce
173
158
769
-
health
1 637
1 493
4 375
-
payroll
1 299
1 184
5 764
-
pensions
5 435
4 956
14 525
-
surtax
-
-
-
-
accident
562
513
1 504
-
other
2 057
1 874
8 475
-
unemployment
1 299
1 184
3 472
-
total
12 462
11 362
38 884
-
Corporate
175 233
180 158
188 357
-
income

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

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

43 809
45 040
47 089
-
total
43 809
45 040
47 089
-
Dividends
131 424
135 118
-
-
withholding
36 142
37 158
-
-
total
36 142
37 158
-
-
Income
231 000
231 000
231 000
231 000
Total tax
104 112
103 621
170 514
112 597
After tax
126 888
127 379
60 486
118 403
Living cost
31 606
31 606
31 606
31 606
Free-cash
95 282
95 773
28 880
86 797

Estimated living cost  is ₽31606 per week

₽18959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽206257
₽203784
₽215497
₽171607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 491
-
231 000
-
income
3 298
-
46 200
-
total
3 298
-
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%.

214 509
231 000
-
-
total
-
-
-
-
Dividends
214 509
231 000
-
-
withholding
10 725
11 550
-
-
total
10 725
11 550
-
-
Income
231 000
231 000
231 000
231 000
Total tax
14 023
11 550
46 200
2 310
After tax
216 977
219 450
184 800
228 690
Living cost
13 193
13 193
13 193
13 193
Free-cash
203 784
206 257
171 607
215 497

Estimated living cost  is ₽13193 per week

₽8928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132472
₽124188
₽79814
₽74799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
346
income
-
-
-
59 350
health
-
-
-
22 731
pensions
-
-
-
42 187
total
-
-
-
124 614
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.

43 807
-
199 879
-
pensions
6 790
-
30 982
-
unemployment
62
-
280
-
income
7 554
-
54 334
-
health
2 829
-
12 912
-
total
17 235
-
98 508
-
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.

43 807
-
199 879
-
health
2 918
-
13 312
-
pensions
3 876
-
17 689
-
unemployment
26
-
120
-
total
6 820
-
31 121
-
Corporate
180 372
231 000
-
-
income
34 270
43 890
-
-
total
34 270
43 890
-
-
Dividends
146 102
187 110
-
-
withholding
21 915
28 066
-
-
total
21 915
28 066
-
-
Income
231 000
231 000
231 000
231 000
Total tax
80 240
71 956
129 629
124 614
After tax
150 760
159 044
101 371
106 386
Living cost
26 572
26 572
26 572
26 572
Free-cash
124 188
132 472
74 799
79 814

Estimated living cost  is ₽26572 per week

₽18236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93892
₽42468
₽112991
₽170129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 027
social contributions
-
-
-
26 334
total
-
-
-
71 361
Employee
66 887
-
-
-
social contributions
5 485
-
782
-
income
14 754
-
-
-
total
20 239
-
782
-
Employer
66 887
-
-
-
social contributions
94 310
-
13 441
-
total
94 310
-
13 441
-
Corporate
69 803
231 000
-
-
income
15 357
50 820
-
-
total
15 357
50 820
-
-
Dividends
54 446
180 180
-
-
income
11 978
39 640
-
-
total
11 978
39 640
-
-
Income
231 000
231 000
231 000
231 000
Total tax
141 884
90 460
14 223
71 361
After tax
89 116
140 540
216 777
159 639
Living cost
46 648
46 648
46 648
46 648
Free-cash
42 468
93 892
170 129
112 991

Estimated living cost  is ₽46648 per week

₽30267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100317
₽99321
₽89012
₽70668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 641
surtax
-
-
-
-
social contributions

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

-
-
-
80 273
total
-
-
-
110 914
Employee
45 563
-
186 667
-
social contributions
5 012
-
20 533
-
income
9 477
-
63 999
-
surtax
-
-
393
-
total
14 489
-
84 925
-
Employer
45 563
-
186 667
-
social contributions
10 821
-
44 333
-
total
10 821
-
44 333
-
Corporate
174 616
231 000
-
-
income
36 669
48 511
-
-
surtax
-
-
-
-
total
36 669
48 511
-
-
Dividends
137 947
182 489
-
-
withholding
38 626
51 098
-
-
total
38 626
51 098
-
-
Income
231 000
231 000
231 000
231 000
Total tax
100 605
99 609
129 258
110 914
After tax
130 395
131 391
101 742
120 086
Living cost
31 074
31 074
31 074
31 074
Free-cash
99 321
100 317
70 668
89 012

Estimated living cost  is ₽31074 per week

₽23250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68577
₽75389
₽77853
₽70571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 222
health
-
-
-
11 530
surtax
-
-
-
-
pensions
-
-
-
35 804
other
-
-
-
7 161
social contributions
-
-
-
6 582
total
-
-
-
105 299
Employee
62 047
-
175 844
-
pensions
7 018
-
13 446
-
social contributions
1 767
-
5 010
-
income
5 414
-
38 969
-
surtax
-
-
-
-
total
14 199
-
57 425
-
Employer
62 047
-
175 844
-
social contributions
186
-
528
-
health
4 343
-
17 712
-
pensions
10 195
-
22 417
-
other
2 141
-
7 378
-
unemployment
2 514
-
7 121
-
total
19 379
-
55 156
-
Corporate
149 574
231 000
-
-
income
41 880
64 680
-
-
surtax
-
-
-
-
total
41 880
64 680
-
-
Dividends
107 694
166 320
-
-
social contributions
18 521
28 606
-
-
surtax
-
-
-
-
withholding
13 784
21 289
-
-
total
32 305
49 895
-
-
Income
231 000
231 000
231 000
231 000
Total tax
107 763
114 575
112 581
105 299
After tax
123 237
116 425
118 419
125 701
Living cost
47 848
47 848
47 848
47 848
Free-cash
75 389
68 577
70 571
77 853

Estimated living cost  is ₽47848 per week

₽32382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178122
₽174792
₽138400
₽144536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 002
social contributions
-
-
-
50 819
total
-
-
-
62 821
Employee
31 849
-
199 999
-
social contributions
2 070
-
13 000
-
income
-
-
12 684
-
total
2 070
-
25 684
-
Employer
31 849
-
199 999
-
social contributions
4 937
-
31 001
-
total
4 937
-
31 001
-
Corporate
194 214
231 000
-
-
income
19 422
23 099
-
-
total
19 422
23 099
-
-
Dividends
174 792
207 901
-
-
total
-
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
26 429
23 099
56 685
62 821
After tax
204 571
207 901
174 315
168 179
Living cost
29 779
29 779
29 779
29 779
Free-cash
174 792
178 122
144 536
138 400

Estimated living cost  is ₽29779 per week

₽19255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15638
₽8904
₽85347
₽15638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
49 808
national
-
-
-
28 972
labour market
-
-
-
18 412
pensions
-
-
-
857
total
-
-
-
98 049
Employee
200 924
200 924
200 924
-
national
24 547
24 547
24 547
-
pensions
286
286
286
-
municipal
42 786
42 786
42 786
-
labour market
16 051
16 051
16 051
-
total
83 670
83 670
83 670
-
Employer
200 924
200 924
200 924
-
municipal
42 854
42 854
42 854
-
labour market
16 074
16 074
16 074
-
national
24 589
24 589
24 589
-
pensions
571
571
571
-
total
84 088
84 088
84 088
-
Corporate
15 639
-
-
-
income
3 440
-
-
-
total
3 440
-
-
-
Dividends
12 199
-
-
-
withholding
3 294
-
-
-
total
3 294
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
174 492
167 758
167 758
98 049
After tax
56 508
63 242
63 242
132 951
Living cost
47 604
47 604
47 604
47 604
Free-cash
8 904
15 638
15 638
85 347

Estimated living cost  is ₽47604 per week

₽32581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽732
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10080
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2670
₽15432
₽136325
₽106104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
249
income
-
-
-
66 424
health
-
-
-
2 151
pensions
-
-
-
4 104
other
-
-
-
366
total
-
-
-
73 294
Employee
33 635
-
211 422
-
pensions
3 787
-
7 526
-
income
4 614
-
52 202
-
health
3 851
-
24 208
-
total
12 252
-
83 936
-
Employer
33 635
-
211 422
-
pensions
5 469
-
10 868
-
accident
562
-
3 531
-
unemployment
824
-
5 180
-
total
6 855
-
19 579
-
Corporate
190 511
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.

171 460
207 900
-
-
total
171 460
207 900
-
-
Dividends
19 051
23 100
-
-
withholding
3 620
4 389
-
-
total
3 620
4 389
-
-
Income
231 000
231 000
231 000
231 000
Total tax
194 187
212 289
103 515
73 294
After tax
36 813
18 711
127 485
157 706
Living cost
21 381
21 381
21 381
21 381
Free-cash
15 432
-2 670
106 104
136 325

Estimated living cost  is ₽21381 per week

₽15563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1219
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.
₽4198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103206
₽106268
₽102752
₽76291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
41 013
national
-
-
-
46 058
health
-
-
-
3 143
total
-
-
-
90 214
Employee
52 121
-
194 329
-
national
861
-
29 766
-
pensions
3 517
-
13 117
-
unemployment
782
-
2 916
-
municipal
8 537
-
31 629
-
health
389
-
2 579
-
total
14 086
-
80 007
-
Employer
52 121
-
194 329
-
health
400
-
1 496
-
pensions
9 043
-
33 715
-
accident
53
-
194
-
unemployment
338
-
1 263
-
total
9 834
-
36 668
-
Corporate
169 045
231 000
-
-
income
33 809
46 200
-
-
total
33 809
46 200
-
-
Dividends

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

101 427
138 600
-
-
municipal
18 256
24 947
-
-
national
10 713
18 613
-
-
total
28 969
43 560
-
-
Income
231 000
231 000
231 000
231 000
Total tax
86 698
89 760
116 675
90 214
After tax
144 302
141 240
114 325
140 786
Living cost
38 034
38 034
38 034
38 034
Free-cash
106 268
103 206
76 291
102 752

Estimated living cost  is ₽38034 per week

₽24844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145397
₽140006
₽132123
₽130244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 021
health
-
-
-
5 890
social contributions
-
-
-
16 029
total
-
-
-
75 940
Employee
76 177
76 177
218 431
-
social contributions
2 880
6 322
8 528
-
income
8 294
7 052
53 010
-
health
590
1 295
3 713
-
total
11 764
14 669
65 251
-
Employer
76 177
76 177
218 431
-
social contributions
2 880
6 322
8 528
-
health
641
1 410
4 040
-
total
3 521
7 732
12 568
-
Corporate
192 777
147 090
-
-
income
24 097
18 386
-
-
total
24 097
18 386
-
-
Dividends
168 680
128 704
-
-
withholding
28 675
21 879
-
-
total
28 675
21 879
-
-
Income
231 000
231 000
231 000
231 000
Total tax
68 057
62 666
77 819
75 940
After tax
162 943
168 334
153 181
155 060
Living cost
22 937
22 937
22 937
22 937
Free-cash
140 006
145 397
130 244
132 123

Estimated living cost  is ₽22937 per week

₽13746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2250
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175562
₽170521
₽181386
₽161516
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
28
income
-
-
-
23 970
health
-
-
-
3 585
pensions
-
-
-
6 302
total
-
-
-
33 885
Employee

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

22 739
-
221 318
-
pensions
3 410
-
14 100
-
unemployment
113
-
470
-
income
1 555
-
21 513
-
health
1 933
-
7 990
-
total
7 011
-
44 073
-
Employer

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

22 739
-
221 318
-
health
978
-
4 042
-
pensions
1 250
-
5 170
-
unemployment
113
-
470
-
total
2 341
-
9 682
-
Corporate
205 920
231 000
-
-
income
18 533
20 791
-
-
total
18 533
20 791
-
-
Dividends
187 388
210 209
-
-
withholding
16 865
18 918
-
-
total
16 865
18 918
-
-
Income
231 000
231 000
231 000
231 000
Total tax
44 750
39 709
53 755
33 885
After tax
186 250
191 291
177 245
197 115
Living cost
15 729
15 729
15 729
15 729
Free-cash
170 521
175 562
161 516
181 386

Estimated living cost  is ₽15729 per week

₽10035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126053
₽121678
₽101761
₽97605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
643
accident
-
-
-
827
income
-
-
-
74 450
pensions
-
-
-
25 985
other
-
-
-
92
total
-
-
-
101 997
Employee
36 631
-
201 727
-
pensions
1 722
-
4 316
-
unemployment
568
-
1 423
-
income
7 062
-
71 049
-
other
36
-
92
-
total
9 388
-
76 880
-
Employer
36 631
-
201 727
-
pensions
8 644
-
21 670
-
accident
726
-
1 818
-
other
293
-
735
-
unemployment
2 015
-
5 050
-
total
11 678
-
29 273
-
Corporate
182 691
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.

27 404
34 650
-
-
total
27 404
34 650
-
-
Dividends
155 287
196 350
-
-
withholding
33 610
43 055
-
-
total
33 610
43 055
-
-
Income
231 000
231 000
231 000
231 000
Total tax
82 080
77 705
106 153
101 997
After tax
148 920
153 295
124 847
129 003
Living cost
27 242
27 242
27 242
27 242
Free-cash
121 678
126 053
97 605
101 761

Estimated living cost  is ₽27242 per week

₽18388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142461
₽142184
₽147479
₽147359
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 720
health
-
-
-
890
pensions
-
-
-
1 228
total
-
-
-
81 838
Employee
2 564
-
229 619
-
pensions
231
-
553
-
unemployment
26
-
61
-
income
496
-
79 656
-
health
128
-
307
-
total
881
-
80 577
-
Employer
2 564
-
229 619
-
health
244
-
583
-
pensions
282
-
675
-
unemployment
51
-
123
-
total
577
-
1 381
-
Corporate
227 859
231 000
-
-
income
50 129
50 820
-
-
total
50 129
50 820
-
-
Dividends
177 730
180 180
-
-
withholding
35 546
36 036
-
-
total
35 546
36 036
-
-
Income
231 000
231 000
231 000
231 000
Total tax
87 133
86 856
81 958
81 838
After tax
143 867
144 144
149 042
149 162
Living cost
1 683
1 683
1 683
1 683
Free-cash
142 184
142 461
147 359
147 479

Estimated living cost  is ₽1683 per week

₽1000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149781
₽144911
₽132618
₽132617
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 097
income
-
-
-
53 615
health
-
-
-
7 534
pensions
-
-
-
19 019
total
-
-
-
81 265
Employee

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

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

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

25 812
-
217 906
-
pensions
3 614
-
10 241
-
unemployment
194
-
549
-
income
3 558
-
53 615
-
health
1 329
-
3 767
-
total
8 695
-
68 172
-
Employer

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

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

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

25 812
-
217 906
-
health
1 329
-
3 767
-
pensions
3 097
-
8 778
-
unemployment
194
-
549
-
total
4 620
-
13 094
-
Corporate
200 568
231 000
-
-
income
30 085
34 650
-
-
total
30 085
34 650
-
-
Dividends
170 482
196 350
-
-
withholding
25 572
29 452
-
-
total
25 572
29 452
-
-
Income
231 000
231 000
231 000
231 000
Total tax
68 972
64 102
81 266
81 265
After tax
162 028
166 898
149 734
149 735
Living cost
17 117
17 117
17 117
17 117
Free-cash
144 911
149 781
132 617
132 618

Estimated living cost  is ₽17117 per week

₽11525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3773
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104683
₽104327
₽93378
₽75034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 641
surtax
-
-
-
-
social contributions

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

-
-
-
80 273
total
-
-
-
110 914
Employee
38 450
-
186 667
-
social contributions
4 230
-
20 533
-
income
7 513
-
63 999
-
surtax
-
-
393
-
total
11 743
-
84 925
-
Employer
38 450
-
186 667
-
social contributions
9 131
-
44 333
-
total
9 131
-
44 333
-
Corporate
183 419
231 000
-
-
income
38 519
48 511
-
-
surtax
-
-
-
-
total
38 519
48 511
-
-
Dividends
144 900
182 489
-
-
withholding
40 572
51 098
-
-
total
40 572
51 098
-
-
Income
231 000
231 000
231 000
231 000
Total tax
99 965
99 609
129 258
110 914
After tax
131 035
131 391
101 742
120 086
Living cost
26 708
26 708
26 708
26 708
Free-cash
104 327
104 683
75 034
93 378

Estimated living cost  is ₽26708 per week

₽18916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5463
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118479
₽111995
₽94187
₽90031
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
643
accident
-
-
-
827
income
-
-
-
74 450
pensions
-
-
-
25 985
other
-
-
-
92
total
-
-
-
101 997
Employee
47 844
-
201 727
-
pensions
2 248
-
4 316
-
unemployment
741
-
1 423
-
income
9 993
-
71 049
-
other
47
-
92
-
total
13 029
-
76 880
-
Employer
47 844
-
201 727
-
pensions
11 291
-
21 670
-
accident
948
-
1 818
-
other
384
-
735
-
unemployment
2 632
-
5 050
-
total
15 255
-
29 273
-
Corporate
167 901
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.

25 186
34 650
-
-
total
25 186
34 650
-
-
Dividends
142 715
196 350
-
-
withholding
30 719
43 055
-
-
total
30 719
43 055
-
-
Income
231 000
231 000
231 000
231 000
Total tax
84 189
77 705
106 153
101 997
After tax
146 811
153 295
124 847
129 003
Living cost
34 816
34 816
34 816
34 816
Free-cash
111 995
118 479
90 031
94 187

Estimated living cost  is ₽34816 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽180470
₽174434
₽170080
₽179746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
138
income
-
-
-
34 650
health
-
-
-
3 978
pensions

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

-
-
-
5 119
total
-
-
-
43 885
Employee
22 557
-
224 213
-
pensions

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

1 980
-
3 037
-
income
2 256
-
22 422
-
health
1 038
-
1 591
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
total
5 522
-
27 431
-
Employer
22 557
-
224 213
-
health
1 557
-
2 387
-
pensions

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

2 486
-
3 812
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
135
-
208
-
total
4 426
-
6 788
-
Corporate
204 017
231 000
-
-
income
20 402
23 100
-
-
total
20 402
23 100
-
-
Dividends
183 615
207 900
-
-
withholding
9 181
10 395
-
-
total
9 181
10 395
-
-
Income
231 000
231 000
231 000
231 000
Total tax
39 531
33 495
34 219
43 885
After tax
191 469
197 505
196 781
187 115
Living cost
17 035
17 035
17 035
17 035
Free-cash
174 434
180 470
179 746
170 080

Estimated living cost  is ₽17035 per week

₽11267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80545
₽93505
₽77505
₽104045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
26 540
income

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

-
-
-
77 669
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.

-
-
-
6 768
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.

-
-
-
4 271
total
-
-
-
115 248
Employee

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

49 292
-
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.

4 053
-
77 669
-
surtax

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

224
-
4 271
-
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.

6 768
-
6 768
-
total
11 045
-
88 708
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 708
231 000
-
-
income
27 256
34 650
-
-
surtax

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

1 498
1 906
-
-
trade
26 075
33 148
-
-
chamber of commerce
417
489
-
-
total
55 246
70 193
-
-
Dividends
126 462
160 808
-
-
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.

1 718
2 190
-
-
withholding
31 239
39 825
-
-
total
32 957
42 015
-
-
Income
231 000
231 000
231 000
231 000
Total tax
99 248
112 208
88 708
115 248
After tax
131 752
118 792
142 292
115 752
Living cost
38 247
38 247
38 247
38 247
Free-cash
93 505
80 545
104 045
77 505

Estimated living cost  is ₽38247 per week

₽26383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105268
₽107453
₽58693
₽58693
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 026
social contributions
-
-
-
39 848
total
-
-
-
115 874
Employee
77 492
-
231 000
-
social contributions
6 438
-
39 848
-
income
14 622
-
76 026
-
total
21 060
-
115 874
-
Employer
77 492
-
231 000
-
total
-
-
-
-
Corporate
153 508
231 000
-
-
income
19 189
28 874
-
-
total
19 189
28 874
-
-
Dividends
134 319
202 126
-
-
withholding
26 865
40 425
-
-
total
26 865
40 425
-
-
Income
231 000
231 000
231 000
231 000
Total tax
67 114
69 299
115 874
115 874
After tax
163 886
161 701
115 126
115 126
Living cost
56 433
56 433
56 433
56 433
Free-cash
107 453
105 268
58 693
58 693

Estimated living cost  is ₽56433 per week

₽42933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108955
₽112417
₽154294
₽124837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 650
health

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

-
-
-
6 095
total
-
-
-
40 745
Employee
45 446
-
226 443
-
social contributions
4 553
-
4 557
-
income
4 931
-
61 088
-
total
9 484
-
65 645
-
Employer
45 446
-
226 443
-
social contributions
4 553
-
4 557
-
total
4 553
-
4 557
-
Corporate
181 001
231 000
-
-
income
63 351
80 850
-
-
total
63 351
80 850
-
-
Dividends
117 650
150 150
-
-
social contributions
5 234
5 234
-
-
total
5 234
5 234
-
-
Income
231 000
231 000
231 000
231 000
Total tax
82 622
86 084
70 202
40 745
After tax
148 378
144 916
160 798
190 255
Living cost
35 961
35 961
35 961
35 961
Free-cash
112 417
108 955
124 837
154 294

Estimated living cost  is ₽35961 per week

₽23688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2835
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽108230
₽114124
₽112020
₽91420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 926
pensions
-
-
-
10 070
total
-
-
-
81 996
Employee
50 766
-
201 276
-
pensions
3 875
-
11 980
-
income
9 245
-
58 191
-
health
662
-
2 702
-
total
13 782
-
72 873
-
Employer
50 766
-
201 276
-
health
965
-
3 824
-
pensions
5 129
-
25 899
-
total
6 094
-
29 723
-
Corporate
174 140
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.

33 087
43 889
-
-
total
33 087
43 889
-
-
Dividends
141 053
187 111
-
-
withholding
26 929
41 897
-
-
total
26 929
41 897
-
-
Income
231 000
231 000
231 000
231 000
Total tax
79 892
85 786
102 596
81 996
After tax
151 108
145 214
128 404
149 004
Living cost
36 984
36 984
36 984
36 984
Free-cash
114 124
108 230
91 420
112 020

Estimated living cost  is ₽36984 per week

₽25371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3401
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.
₽7747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4787
₽15108
₽134208
₽103987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
249
income
-
-
-
66 424
health
-
-
-
2 151
pensions
-
-
-
4 104
other
-
-
-
366
total
-
-
-
73 294
Employee
36 964
-
211 422
-
pensions
4 162
-
7 526
-
income
5 071
-
52 202
-
health
4 232
-
24 208
-
total
13 465
-
83 936
-
Employer
36 964
-
211 422
-
pensions
6 010
-
10 868
-
accident
617
-
3 531
-
unemployment
905
-
5 180
-
total
7 532
-
19 579
-
Corporate
186 503
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.

167 853
207 900
-
-
total
167 853
207 900
-
-
Dividends
18 650
23 100
-
-
withholding
3 544
4 389
-
-
total
3 544
4 389
-
-
Income
231 000
231 000
231 000
231 000
Total tax
192 394
212 289
103 515
73 294
After tax
38 606
18 711
127 485
157 706
Living cost
23 498
23 498
23 498
23 498
Free-cash
15 108
-4 787
103 987
134 208

Estimated living cost  is ₽23498 per week

₽17245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4410
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163324
₽160324
₽135070
₽156871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 903
health insurance
-
-
-
11 732
income
-
-
-
38 939
work injury
-
-
-
793
pensions
-
-
-
29 172
total
-
-
-
82 539
Employee

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

21 426
-
231 000
-
work injury
107
-
396
-
pensions
3 942
-
14 586
-
unemployment
257
-
951
-
income
2 143
-
38 939
-
health insurance
1 586
-
5 866
-
total
8 035
-
60 738
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
209 574
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%.

20 957
23 100
-
-
total
20 957
23 100
-
-
Dividends
188 617
207 900
-
-
withholding
28 293
31 185
-
-
total
28 293
31 185
-
-
Income
231 000
231 000
231 000
231 000
Total tax
57 285
54 285
60 738
82 539
After tax
173 715
176 715
170 262
148 461
Living cost
13 391
13 391
13 391
13 391
Free-cash
160 324
163 324
156 871
135 070

Estimated living cost  is ₽13391 per week

₽8296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3704
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82208
₽77704
₽69439
₽61300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 634
national
-
-
-
65 169
regional
-
-
-
5 710
social contributions
-
-
-
49 582
total
-
-
-
122 095
Employee
83 480
-
231 000
-
national
14 107
-
58 538
-
social contributions
28 149
-
65 004
-
municipal
498
-
1 495
-
regional
1 260
-
5 197
-
total
44 014
-
130 234
-
Employer
83 480
-
231 000
-
total
-
-
-
-
Corporate
147 520
231 000
-
-
municipal
7 110
11 135
-
-
nationa
35 405
55 440
-
-
total
42 515
66 575
-
-
Dividends
105 005
164 425
-
-
withholding
27 301
42 751
-
-
total
27 301
42 751
-
-
Income
231 000
231 000
231 000
231 000
Total tax
113 830
109 326
130 234
122 095
After tax
117 170
121 674
100 766
108 905
Living cost
39 466
39 466
39 466
39 466
Free-cash
77 704
82 208
61 300
69 439

Estimated living cost  is ₽39466 per week

₽27722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8432
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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