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
₽86445
₽112303
₽83166
₽97388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
income

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

-
-
-
77 694
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.

-
-
-
4 274
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.

-
-
-
6 760
trade
-
-
-
29 137
total
-
-
-
117 865
Employee

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

37 844
-
231 000
-
surtax

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

58
-
4 274
-
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.

1 057
-
77 694
-
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.

6 760
-
6 760
-
total
7 875
-
88 728
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
193 156
231 000
-
-
income
28 974
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.

1 594
1 906
-
-
chamber of commerce
428
483
-
-
trade
30 422
36 383
-
-
total
61 418
73 422
-
-
Dividends
131 738
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.

1 791
2 146
-
-
withholding
32 559
39 018
-
-
total
34 350
41 164
-
-
Income
231 000
231 000
231 000
231 000
Total tax
103 643
114 586
88 728
117 865
After tax
127 357
116 414
142 272
113 135
Living cost
29 969
29 969
29 969
29 969
Free-cash
97 388
86 445
112 303
83 166

Estimated living cost  is ₽29969 per week

₽18852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
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.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91742
₽80541
₽79302
₽90871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
social contributions
-
-
-
2 483
municipal
-
-
-
25 652
national
-
-
-
43 441
pensions
-
-
-
27 720
total
-
-
-
99 296
Employee
81 232
-
199 697
-
municipal
10 033
-
26 547
-
pensions
3 249
-
7 988
-
national
15 548
-
45 399
-
total
28 830
-
79 934
-
Employer
81 232
-
199 697
-
pensions
6 499
-
15 976
-
social contributions
873
-
2 147
-
total
7 372
-
18 123
-
Corporate
137 035
231 000
-
-
income

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

27 407
46 200
-
-
total
27 407
46 200
-
-
Dividends
109 628
184 800
-
-
withholding
24 118
40 656
-
-
total
24 118
40 656
-
-
Income
231 000
231 000
231 000
231 000
Total tax
87 727
86 856
98 057
99 296
After tax
143 273
144 144
132 943
131 704
Living cost
52 402
52 402
52 402
52 402
Free-cash
90 871
91 742
80 541
79 302

Estimated living cost  is ₽52402 per week

₽35617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽784
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164215
₽80289
₽64001
₽156098
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
231 000
income
-
-
-
49 598
surtax
-
-
-
58 906
social contributions

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

-
-
-
37 910
microenterprise
-
-
-
-
total
-
-
-
146 414
Employee
28 912
-
182 515
-
surtax
-
-
26 466
-
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.

3 181
-
12 971
-
income
5 147
-
42 206
-
total
8 328
-
81 643
-
Employer
28 912
-
182 515
-
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.

6 964
-
28 407
-
surtax
-
-
20 076
-
total
6 964
-
48 483
-
Corporate
195 124
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%.

39 025
46 200
-
-
total
39 025
46 200
-
-
Dividends

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

156 099
184 800
-
-
total
-
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
54 317
46 200
130 126
146 414
After tax
176 683
184 800
100 874
84 586
Living cost
20 585
20 585
20 585
20 585
Free-cash
156 098
164 215
80 289
64 001

Estimated living cost  is ₽20585 per week

₽13132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1960
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.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73762
₽106272
₽82136
₽67701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 621
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
107 415
Employee
84 494
84 494
212 612
-
pensions
15 209
11 593
11 593
-
income

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

13 830
13 830
41 097
-
health
12 969
11 031
12 201
-
total
42 008
36 454
64 891
-
Employer
84 494
84 494
212 612
-
health
5 873
5 873
7 298
-
pensions
5 881
5 881
7 310
-
unemployment
3 042
3 042
3 780
-
total
14 796
14 796
18 388
-
Corporate
132 746
131 710
-
-
income
26 550
26 342
-
-
total
26 550
26 342
-
-
Dividends
106 196
105 368
-
-
income
22 566
22 391
-
-
withholding
15 930
15 806
-
-
total
38 496
38 197
-
-
Income
231 000
231 000
231 000
231 000
Total tax
121 850
115 789
83 279
107 415
After tax
109 150
115 211
147 721
123 585
Living cost
41 449
41 449
41 449
41 449
Free-cash
67 701
73 762
106 272
82 136

Estimated living cost  is ₽41449 per week

₽29374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85309
₽73674
₽74665
₽84394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
179
other
-
-
-
10 395
unemployment
-
-
-
90
health
-
-
-
5 582
municipal
-
-
-
61 156
national
-
-
-
28 446
pensions
-
-
-
9 670
total
-
-
-
115 518
Employee
58 161
-
202 893
-
municipal
17 344
-
60 503
-
national
-
-
27 898
-
total
17 344
-
88 401
-
Employer
58 161
-
202 893
-
health
3 577
-
5 502
-
pensions
6 287
-
9 670
-
accident
116
-
179
-
unemployment
1 535
-
2 362
-
other
6 758
-
10 395
-
total
18 273
-
28 108
-
Corporate
154 565
231 000
-
-
income
34 004
50 820
-
-
total
34 004
50 820
-
-
Dividends
120 561
180 180
-
-
withholding
36 168
54 054
-
-
total
36 168
54 054
-
-
Income
231 000
231 000
231 000
231 000
Total tax
105 789
104 874
116 509
115 518
After tax
125 211
126 126
114 491
115 482
Living cost
40 817
40 817
40 817
40 817
Free-cash
84 394
85 309
73 674
74 665

Estimated living cost  is ₽40817 per week

₽27052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76356
₽103403
₽72970
₽90260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
income

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

-
-
-
77 694
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.

-
-
-
4 274
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.

-
-
-
6 760
trade
-
-
-
30 433
total
-
-
-
119 161
Employee

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

50 177
-
231 000
-
surtax

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

237
-
4 274
-
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.

4 311
-
77 694
-
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.

6 760
-
6 760
-
total
11 308
-
88 728
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 823
231 000
-
-
income
27 123
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
-
-
chamber of commerce
407
479
-
-
trade
29 746
38 000
-
-
total
58 767
75 035
-
-
Dividends
122 056
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.

1 658
2 124
-
-
withholding
30 138
38 616
-
-
total
31 796
40 740
-
-
Income
231 000
231 000
231 000
231 000
Total tax
101 871
115 775
88 728
119 161
After tax
129 129
115 225
142 272
111 839
Living cost
38 869
38 869
38 869
38 869
Free-cash
90 260
76 356
103 403
72 970

Estimated living cost  is ₽38869 per week

₽25996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136238
₽121078
₽122956
₽132136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 052
social contributions
-
-
-
16 009
health
-
-
-
5 890
total
-
-
-
75 951
Employee
76 083
76 083
218 442
-
social contributions
3 697
6 315
8 517
-
income
7 989
7 043
53 040
-
health
757
1 294
3 714
-
total
12 443
14 652
65 271
-
Employer
76 083
76 083
218 442
-
health
824
1 408
4 041
-
social contributions
3 697
6 315
8 517
-
total
4 521
7 723
12 558
-
Corporate
181 943
147 194
-
-
income
22 742
18 399
-
-
total
22 742
18 399
-
-
Dividends
159 201
128 795
-
-
withholding
27 065
21 895
-
-
total
27 065
21 895
-
-
Income
231 000
231 000
231 000
231 000
Total tax
66 771
62 669
77 829
75 951
After tax
164 229
168 331
153 171
155 049
Living cost
32 093
32 093
32 093
32 093
Free-cash
132 136
136 238
121 078
122 956

Estimated living cost  is ₽32093 per week

₽21939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111480
₽115744
₽141858
₽111859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 224
10 437
193 305
-
unemployment
393
157
2 900
-
pensions
2 622
1 044
19 331
-
income
3 206
1 276
23 632
-
health
1 836
731
13 531
-
total
8 057
3 208
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.

26 224
10 437
193 305
-
pensions
5 114
2 035
37 695
-
total
5 114
2 035
37 695
-
Corporate
199 662
218 528
-
-
income
17 970
19 668
-
-
total
17 970
19 668
-
-
Dividends
181 692
198 860
-
-
social contributions
35 311
38 659
-
-
withholding
34 522
37 783
-
-
total
69 833
76 442
-
-
Income
231 000
231 000
231 000
231 000
Total tax
100 974
101 353
97 089
70 975
After tax
130 026
129 647
133 911
160 025
Living cost
18 167
18 167
18 167
18 167
Free-cash
111 859
111 480
115 744
141 858

Estimated living cost  is ₽18167 per week

₽12397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽363
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160901
₽109247
₽99917
₽154755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
30 955
health
-
-
-
30 029
pensions
-
-
-
46 200
total
-
-
-
107 184
Employee
28 069
-
172 644
-
unemployment
449
-
2 762
-
pensions
561
-
3 453
-
income
3 160
-
33 285
-
total
4 170
-
39 500
-
Employer
28 069
-
172 644
-
health
3 648
-
22 444
-
pensions
5 614
-
34 528
-
unemployment
225
-
1 382
-
total
9 487
-
58 354
-
Corporate
193 443
231 000
-
-
income
38 689
46 200
-
-
total
38 689
46 200
-
-
Dividends
154 754
184 800
-
-
total
-
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
52 346
46 200
97 854
107 184
After tax
178 654
184 800
133 146
123 816
Living cost
23 899
23 899
23 899
23 899
Free-cash
154 755
160 901
109 247
99 917

Estimated living cost  is ₽23899 per week

₽16392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1423
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.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3351
₽105322
₽135654
₽15328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
66 299
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
73 284
Employee
34 705
-
211 248
-
pensions
3 908
-
7 651
-
income
4 761
-
52 025
-
health
3 974
-
24 188
-
total
12 643
-
83 864
-
Employer
34 705
-
211 248
-
pensions
5 643
-
11 048
-
accident
579
-
3 528
-
unemployment
850
-
5 176
-
total
7 072
-
19 752
-
Corporate
189 222
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.

170 300
207 900
-
-
total
170 300
207 900
-
-
Dividends
18 922
23 100
-
-
withholding
3 595
4 389
-
-
total
3 595
4 389
-
-
Income
231 000
231 000
231 000
231 000
Total tax
193 610
212 289
103 616
73 284
After tax
37 390
18 711
127 384
157 716
Living cost
22 062
22 062
22 062
22 062
Free-cash
15 328
-3 351
105 322
135 654

Estimated living cost  is ₽22062 per week

₽16170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽211350
₽176700
₽220590
₽209832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 125
-
231 000
-
income
2 025
-
46 200
-
total
2 025
-
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%.

220 875
231 000
-
-
total
-
-
-
-
Dividends
220 875
231 000
-
-
withholding
11 043
11 550
-
-
total
11 043
11 550
-
-
Income
231 000
231 000
231 000
231 000
Total tax
13 068
11 550
46 200
2 310
After tax
217 932
219 450
184 800
228 690
Living cost
8 100
8 100
8 100
8 100
Free-cash
209 832
211 350
176 700
220 590

Estimated living cost  is ₽8100 per week

₽5020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143352
₽111774
₽113663
₽136667
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 094
other
-
-
-
7 146
health
-
-
-
6 621
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.

-
-
-
36 111
total
-
-
-
90 972
Employee
35 926
-
192 747
-
unemployment
359
-
1 504
-
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.

2 514
-
10 532
-
income
6 185
-
40 464
-
health
503
-
2 107
-
total
9 561
-
54 607
-
Employer
35 926
-
192 747
-
health
503
-
2 107
-
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.

6 108
-
25 579
-
accident
287
-
1 542
-
unemployment
359
-
1 504
-
other
1 797
-
7 522
-
total
9 054
-
38 254
-
Corporate
186 020
231 000
-
-
income
39 065
48 509
-
-
total
39 065
48 509
-
-
Dividends
146 956
182 491
-
-
withholding
10 288
12 774
-
-
total
10 288
12 774
-
-
Income
231 000
231 000
231 000
231 000
Total tax
67 968
61 283
92 861
90 972
After tax
163 032
169 717
138 139
140 028
Living cost
26 365
26 365
26 365
26 365
Free-cash
136 667
143 352
111 774
113 663

Estimated living cost  is ₽26365 per week

₽18628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79092
₽62347
₽82940
₽87029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
72 108
pensions
-
-
-
10 017
total
-
-
-
82 125
Employee
93 288
-
201 261
-
pensions
9 000
-
11 901
-
income
16 816
-
58 382
-
health
1 537
-
2 695
-
total
27 353
-
72 978
-
Employer
93 288
-
201 261
-
health
1 772
-
3 824
-
pensions
11 015
-
25 916
-
total
12 787
-
29 740
-
Corporate
124 926
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.

23 736
43 889
-
-
total
23 736
43 889
-
-
Dividends
101 190
187 111
-
-
withholding
14 160
42 084
-
-
total
14 160
42 084
-
-
Income
231 000
231 000
231 000
231 000
Total tax
78 036
85 973
102 718
82 125
After tax
152 964
145 027
128 282
148 875
Living cost
65 935
65 935
65 935
65 935
Free-cash
87 029
79 092
62 347
82 940

Estimated living cost  is ₽65935 per week

₽49406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽184531
₽183818
₽174147
₽179935
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
34 650
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
43 879
Employee
17 180
-
224 219
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
pensions

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

1 508
-
3 035
-
income
1 718
-
22 422
-
health
790
-
1 590
-
total
4 205
-
27 427
-
Employer
17 180
-
224 219
-
health
1 186
-
2 385
-
pensions

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

1 893
-
3 809
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
unemployment
103
-
207
-
total
3 371
-
6 781
-
Corporate
210 449
231 000
-
-
income
21 045
23 100
-
-
total
21 045
23 100
-
-
Dividends
189 404
207 900
-
-
withholding
9 470
10 395
-
-
total
9 470
10 395
-
-
Income
231 000
231 000
231 000
231 000
Total tax
38 091
33 495
34 208
43 879
After tax
192 909
197 505
196 792
187 121
Living cost
12 974
12 974
12 974
12 974
Free-cash
179 935
184 531
183 818
174 147

Estimated living cost  is ₽12974 per week

₽7575
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.
₽4130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60345
₽92855
₽68719
₽62835
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 621
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
107 415
Employee
91 734
84 494
212 612
-
pensions
11 593
11 593
11 593
-
income

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

13 830
13 830
41 097
-
health
11 444
11 031
12 201
-
total
36 867
36 454
64 891
-
Employer
91 734
84 494
212 612
-
health
6 375
5 873
7 298
-
pensions
6 384
5 881
7 310
-
unemployment
3 303
3 042
3 780
-
total
16 062
14 796
18 388
-
Corporate
123 205
131 710
-
-
income
24 640
26 342
-
-
total
24 640
26 342
-
-
Dividends
98 564
105 368
-
-
income
20 945
22 391
-
-
withholding
14 785
15 806
-
-
total
35 730
38 197
-
-
Income
231 000
231 000
231 000
231 000
Total tax
113 299
115 789
83 279
107 415
After tax
117 701
115 211
147 721
123 585
Living cost
54 866
54 866
54 866
54 866
Free-cash
62 835
60 345
92 855
68 719

Estimated living cost  is ₽54866 per week

₽40473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134458
₽101990
₽112157
₽125686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
24 665
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
3 029
health
-
-
-
31 185
total
-
-
-
94 257
Employee
36 156
-
184 138
-
solidarity contribution
-
-
2 117
-
social contributions
2 350
-
7 875
-
income
4 339
-
22 711
-
health
4 881
-
24 859
-
total
11 570
-
57 562
-
Employer
36 156
-
184 138
-
health
3 254
-
16 572
-
social contributions
9 039
-
30 290
-
total
12 293
-
46 862
-
Corporate
182 551
231 000
-
-
income
34 685
43 890
-
-
total
34 685
43 890
-
-
Dividends
147 866
187 110
-
-
withholding
22 180
28 066
-
-
total
22 180
28 066
-
-
Income
231 000
231 000
231 000
231 000
Total tax
80 728
71 956
104 424
94 257
After tax
150 272
159 044
126 576
136 743
Living cost
24 586
24 586
24 586
24 586
Free-cash
125 686
134 458
101 990
112 157

Estimated living cost  is ₽24586 per week

₽17078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81498
₽61715
₽70104
₽76330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
social contributions
-
-
-
49 521
regional
-
-
-
2 962
municipal
-
-
-
1 451
national
-
-
-
65 211
total
-
-
-
119 145
Employee
87 936
-
231 000
-
municipal
466
-
1 329
-
national
15 237
-
58 588
-
regional
830
-
2 693
-
social contributions
29 652
-
64 924
-
total
46 185
-
127 534
-
Employer
87 936
-
231 000
-
total
-
-
-
-
Corporate
143 064
231 000
-
-
municipal
5 580
9 009
-
-
nationa
34 335
55 440
-
-
total
39 915
64 449
-
-
Dividends
103 149
166 551
-
-
withholding
26 819
43 302
-
-
total
26 819
43 302
-
-
Income
231 000
231 000
231 000
231 000
Total tax
112 919
107 751
127 534
119 145
After tax
118 081
123 249
103 466
111 855
Living cost
41 751
41 751
41 751
41 751
Free-cash
76 330
81 498
61 715
70 104

Estimated living cost  is ₽41751 per week

₽29104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123464
₽80680
₽86730
₽120385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 850
other
-
-
-
-
surtax
-
-
-
12 575
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
122 436
Employee
32 720
-
203 203
-
other
-
-
-
-
unemployment
2 278
-
9 191
-
pensions
2 182
-
8 808
-
surtax
107
-
11 392
-
income
5 485
-
67 932
-
health
836
-
3 367
-
total
10 888
-
100 690
-
Employer
32 720
-
203 203
-
health
1 489
-
6 008
-
pensions
4 362
-
17 603
-
unemployment
1 036
-
4 185
-
other
-
-
-
-
total
6 887
-
27 796
-
Corporate
191 392
231 000
-
-
income
49 762
60 061
-
-
total
49 762
60 061
-
-
Dividends
141 631
170 939
-
-
withholding
21 244
25 641
-
-
total
21 244
25 641
-
-
Income
231 000
231 000
231 000
231 000
Total tax
88 781
85 702
128 486
122 436
After tax
142 219
145 298
102 514
108 564
Living cost
21 834
21 834
21 834
21 834
Free-cash
120 385
123 464
80 680
86 730

Estimated living cost  is ₽21834 per week

₽13350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99982
₽83237
₽103830
₽106493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
72 108
pensions
-
-
-
10 017
total
-
-
-
82 125
Employee
62 519
-
201 261
-
pensions
5 306
-
11 901
-
income
11 260
-
58 382
-
health
908
-
2 695
-
total
17 474
-
72 978
-
Employer
62 519
-
201 261
-
health
1 188
-
3 824
-
pensions
6 768
-
25 916
-
total
7 956
-
29 740
-
Corporate
160 526
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.

30 499
43 889
-
-
total
30 499
43 889
-
-
Dividends
130 027
187 111
-
-
withholding
23 533
42 084
-
-
total
23 533
42 084
-
-
Income
231 000
231 000
231 000
231 000
Total tax
79 462
85 973
102 718
82 125
After tax
151 538
145 027
128 282
148 875
Living cost
45 045
45 045
45 045
45 045
Free-cash
106 493
99 982
83 237
103 830

Estimated living cost  is ₽45045 per week

₽33747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27422
₽96595
₽104962
₽60886
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
other

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

-
-
-
4 620
regional
-
-
-
12 984
health
-
-
-
520
city
-
-
-
2 435
national
-
-
-
6 019
pensions
-
-
-
21 252
total
-
-
-
47 830
Employee
91 524
-
207 948
-
unemployment
-
-
-
-
pensions
7 689
-
16 138
-
national
433
-
4 993
-
regional
2 997
-
11 584
-
city
982
-
2 250
-
health
207
-
468
-
total
12 308
-
35 433
-
Employer
91 524
-
207 948
-
health
207
-
468
-
pensions
7 689
-
16 138
-
unemployment
-
-
-
-
other

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

1 830
-
4 158
-
total
9 726
-
20 764
-
Corporate
128 744
231 000
-
-
regional
27 230
48 857
-
-
national
10 943
19 635
-
-
total
38 173
68 492
-
-
Dividends
90 571
162 508
-
-
withholding
31 699
56 878
-
-
total
31 699
56 878
-
-
Income
231 000
231 000
231 000
231 000
Total tax
91 906
125 370
56 197
47 830
After tax
139 094
105 630
174 803
183 170
Living cost
78 208
78 208
78 208
78 208
Free-cash
60 886
27 422
96 595
104 962

Estimated living cost  is ₽78208 per week

₽50858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽960
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽68712
₽96945
₽65218
₽84755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
income

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

-
-
-
77 694
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.

-
-
-
4 274
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.

-
-
-
6 760
trade
-
-
-
31 727
total
-
-
-
120 455
Employee

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

59 464
-
231 000
-
surtax

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

385
-
4 274
-
income

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

6 992
-
77 694
-
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.

6 760
-
6 760
-
total
14 137
-
88 728
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 536
231 000
-
-
income
25 731
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.

1 416
1 906
-
-
chamber of commerce
392
475
-
-
trade
29 419
39 617
-
-
total
56 958
76 648
-
-
Dividends
114 578
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
2 101
-
-
withholding
28 268
38 212
-
-
total
29 823
40 313
-
-
Income
231 000
231 000
231 000
231 000
Total tax
100 918
116 961
88 728
120 455
After tax
130 082
114 039
142 272
110 545
Living cost
45 327
45 327
45 327
45 327
Free-cash
84 755
68 712
96 945
65 218

Estimated living cost  is ₽45327 per week

₽33105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3626
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.
₽8008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82573
₽84521
₽91826
₽88418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 257
other
-
-
-
7 161
surtax
-
-
-
-
social contributions
-
-
-
6 581
health
-
-
-
11 538
pensions
-
-
-
35 785
total
-
-
-
105 322
Employee
42 347
-
175 831
-
pensions
4 788
-
13 452
-
surtax
-
-
-
-
social contributions
1 207
-
5 010
-
income
2 499
-
38 994
-
total
8 494
-
57 456
-
Employer
42 347
-
175 831
-
health
2 965
-
17 717
-
pensions
6 957
-
22 424
-
unemployment
1 714
-
7 122
-
social contributions
128
-
528
-
other
1 461
-
7 380
-
total
13 225
-
55 171
-
Corporate
175 429
231 000
-
-
income
49 119
64 680
-
-
surtax
-
-
-
-
total
49 119
64 680
-
-
Dividends
126 310
166 320
-
-
surtax
-
-
-
-
social contributions
21 724
28 606
-
-
withholding
16 168
21 289
-
-
total
37 892
49 895
-
-
Income
231 000
231 000
231 000
231 000
Total tax
108 730
114 575
112 627
105 322
After tax
122 270
116 425
118 373
125 678
Living cost
33 852
33 852
33 852
33 852
Free-cash
88 418
82 573
84 521
91 826

Estimated living cost  is ₽33852 per week

₽21345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85927
₽87875
₽95180
₽91423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 257
other
-
-
-
7 161
surtax
-
-
-
-
social contributions
-
-
-
6 581
health
-
-
-
11 538
pensions
-
-
-
35 785
total
-
-
-
105 322
Employee
37 800
-
175 831
-
pensions
4 275
-
13 452
-
surtax
-
-
-
-
social contributions
1 078
-
5 010
-
income
1 949
-
38 994
-
total
7 302
-
57 456
-
Employer
37 800
-
175 831
-
health
2 646
-
17 717
-
pensions
6 211
-
22 424
-
unemployment
1 530
-
7 122
-
social contributions
113
-
528
-
other
1 305
-
7 380
-
total
11 805
-
55 171
-
Corporate
181 395
231 000
-
-
income
50 791
64 680
-
-
surtax
-
-
-
-
total
50 791
64 680
-
-
Dividends
130 604
166 320
-
-
surtax
-
-
-
-
social contributions
22 464
28 606
-
-
withholding
16 717
21 289
-
-
total
39 181
49 895
-
-
Income
231 000
231 000
231 000
231 000
Total tax
109 079
114 575
112 627
105 322
After tax
121 921
116 425
118 373
125 678
Living cost
30 498
30 498
30 498
30 498
Free-cash
91 423
85 927
87 875
95 180

Estimated living cost  is ₽30498 per week

₽17688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119950
₽120938
₽127367
₽120465
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
31 879
health
-
-
-
16 123
total
-
-
-
82 652
Employee
33 548
-
231 000
-
social contributions
4 630
-
31 879
-
income
5 595
-
41 079
-
health
2 341
-
16 123
-
total
12 566
-
89 081
-
Employer
33 548
-
231 000
-
total
-
-
-
-
Corporate
197 452
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%.

9 873
11 549
-
-
total
9 873
11 549
-
-
Dividends
187 579
219 451
-
-
social contributions
25 885
30 285
-
-
withholding
28 137
32 917
-
-
health
13 093
15 318
-
-
total
67 115
78 520
-
-
Income
231 000
231 000
231 000
231 000
Total tax
89 554
90 069
89 081
82 652
After tax
141 446
140 931
141 919
148 348
Living cost
20 981
20 981
20 981
20 981
Free-cash
120 465
119 950
120 938
127 367

Estimated living cost  is ₽20981 per week

₽14041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1294
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.
₽5162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92407
₽25568
₽83337
₽90878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 384
surtax
-
-
-
195
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
924
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
112 799
Employee
49 448
39 431
191 964
-
other
494
394
1 157
-
unemployment
1 483
1 183
3 468
-
pensions
5 064
4 037
11 837
-
income
5 629
2 908
63 545
-
health
1 913
1 527
4 473
-
total
14 583
10 049
84 480
-
Employer
49 448
39 431
191 964
-
chamber of commerce
197
158
768
-
health
1 868
1 491
4 369
-
pensions
6 206
4 949
14 507
-
accident
642
513
1 502
-
unemployment
1 483
1 183
3 468
-
surtax
195
195
195
-
payroll
1 483
1 183
5 759
-
other
2 349
1 872
8 468
-
total
14 423
11 544
39 036
-
Corporate
167 128
180 025
188 208
-
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.

41 782
45 005
47 052
-
total
41 782
45 005
47 052
-
Dividends
125 346
135 020
-
-
withholding
34 470
37 131
-
-
total
34 470
37 131
-
-
Income
231 000
231 000
231 000
231 000
Total tax
105 258
103 729
170 568
112 799
After tax
125 742
127 271
60 432
118 201
Living cost
34 864
34 864
34 864
34 864
Free-cash
90 878
92 407
25 568
83 337

Estimated living cost  is ₽34864 per week

₽23253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
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.
₽8065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90220
₽42086
₽64439
₽78161
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
communal

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

-
-
-
12 379
social contributions
-
-
-
24 668
national
-
-
-
93 438
total
-
-
-
130 485
Employee

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

70 775
-
178 916
-
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.

616
-
1 557
-
communal

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

3 691
-
9 332
-
pensions

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

5 308
-
13 420
-
national
21 759
-
68 037
-
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.

3 325
-
8 410
-
total
34 699
-
100 756
-
Employer

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

70 775
-
178 916
-
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.

4 352
-
11 003
-
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.

6 271
-
15 851
-
accident

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

920
-
2 326
-
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.

1 033
-
2 612
-
surtax
8 025
-
20 290
-
total
20 601
-
52 082
-
Corporate
139 623
231 000
-
-
income
27 924
50 090
-
-
surtax
558
1 003
-
-
total
28 482
51 093
-
-
Dividends
111 141
179 907
-
-
withholding

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

32 981
53 611
-
-
total
32 981
53 611
-
-
Income
231 000
231 000
231 000
231 000
Total tax
116 763
104 704
152 838
130 485
After tax
114 237
126 296
78 162
100 515
Living cost
36 076
36 076
36 076
36 076
Free-cash
78 161
90 220
42 086
64 439

Estimated living cost  is ₽36076 per week

₽23238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117559
₽89117
₽93268
₽110781
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
826
income
-
-
-
74 486
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
101 999
Employee
49 252
-
201 763
-
other
49
-
92
-
unemployment
764
-
1 421
-
pensions
2 315
-
4 311
-
income
10 392
-
71 089
-
total
13 520
-
76 913
-
Employer
49 252
-
201 763
-
pensions
11 623
-
21 644
-
accident
975
-
1 816
-
unemployment
2 709
-
5 043
-
other
392
-
734
-
total
15 699
-
29 237
-
Corporate
166 049
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.

24 907
34 650
-
-
total
24 907
34 650
-
-
Dividends
141 142
196 350
-
-
withholding
30 360
43 058
-
-
total
30 360
43 058
-
-
Income
231 000
231 000
231 000
231 000
Total tax
84 486
77 708
106 150
101 999
After tax
146 514
153 292
124 850
129 001
Living cost
35 733
35 733
35 733
35 733
Free-cash
110 781
117 559
89 117
93 268

Estimated living cost  is ₽35733 per week

₽26313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76313
₽63299
₽54089
₽62704
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
communal
-
-
-
14 599
accident
-
-
-
1 947
income
-
-
-
44 289
surtax
-
-
-
11 452
health
-
-
-
16 230
pensions
-
-
-
34 624
total
-
-
-
123 141
Employee
74 930
-
206 341
-
pensions
5 993
-
16 506
-
surtax
4 593
-
12 646
-
income
7 237
-
50 940
-
health
3 335
-
9 182
-
total
21 158
-
89 274
-
Employer
74 930
-
206 341
-
health
2 285
-
6 294
-
pensions
5 993
-
16 506
-
accident
674
-
1 857
-
total
8 952
-
24 657
-
Corporate
147 118
231 000
-
-
communal
9 931
15 592
-
-
income
22 068
34 650
-
-
surtax
1 545
2 426
-
-
total
33 544
52 668
-
-
Dividends
113 573
178 332
-
-
income
33 836
21 500
-
-
withholding
17 036
26 749
-
-
total
50 872
48 249
-
-
Income
231 000
231 000
231 000
231 000
Total tax
114 526
100 917
113 931
123 141
After tax
116 474
130 083
117 069
107 859
Living cost
53 770
53 770
53 770
53 770
Free-cash
62 704
76 313
63 299
54 089

Estimated living cost  is ₽53770 per week

₽40336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123074
₽80290
₽86340
₽119929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 850
other
-
-
-
-
surtax
-
-
-
12 575
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
122 436
Employee
33 321
-
203 203
-
other
-
-
-
-
unemployment
2 319
-
9 191
-
pensions
2 223
-
8 808
-
surtax
118
-
11 392
-
income
5 586
-
67 932
-
health
851
-
3 367
-
total
11 097
-
100 690
-
Employer
33 321
-
203 203
-
health
1 515
-
6 008
-
pensions
4 443
-
17 603
-
unemployment
1 057
-
4 185
-
other
-
-
-
-
total
7 015
-
27 796
-
Corporate
190 664
231 000
-
-
income
49 572
60 061
-
-
total
49 572
60 061
-
-
Dividends
141 092
170 939
-
-
withholding
21 163
25 641
-
-
total
21 163
25 641
-
-
Income
231 000
231 000
231 000
231 000
Total tax
88 847
85 702
128 486
122 436
After tax
142 153
145 298
102 514
108 564
Living cost
22 224
22 224
22 224
22 224
Free-cash
119 929
123 074
80 290
86 340

Estimated living cost  is ₽22224 per week

₽13418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94767
₽76135
₽84479
₽92567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
social contributions
-
-
-
49 521
regional
-
-
-
3 685
municipal
-
-
-
1 451
national
-
-
-
65 211
total
-
-
-
119 868
Employee
54 886
-
231 000
-
municipal
291
-
1 329
-
national
8 695
-
58 588
-
regional
739
-
3 371
-
social contributions
18 508
-
64 924
-
total
28 233
-
128 212
-
Employer
54 886
-
231 000
-
total
-
-
-
-
Corporate
176 114
231 000
-
-
municipal
8 754
11 480
-
-
nationa
42 268
55 440
-
-
total
51 022
66 920
-
-
Dividends
125 093
164 080
-
-
withholding
32 525
42 660
-
-
total
32 525
42 660
-
-
Income
231 000
231 000
231 000
231 000
Total tax
111 780
109 580
128 212
119 868
After tax
119 220
121 420
102 788
111 132
Living cost
26 653
26 653
26 653
26 653
Free-cash
92 567
94 767
76 135
84 479

Estimated living cost  is ₽26653 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128747
₽96279
₽106446
₽117938
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
24 665
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
3 029
health
-
-
-
31 185
total
-
-
-
94 257
Employee
44 554
-
184 138
-
solidarity contribution
-
-
2 117
-
social contributions
2 896
-
7 875
-
income
5 346
-
22 711
-
health
6 015
-
24 859
-
total
14 257
-
57 562
-
Employer
44 554
-
184 138
-
health
4 010
-
16 572
-
social contributions
11 138
-
30 290
-
total
15 148
-
46 862
-
Corporate
171 298
231 000
-
-
income
32 547
43 890
-
-
total
32 547
43 890
-
-
Dividends
138 751
187 110
-
-
withholding
20 813
28 066
-
-
total
20 813
28 066
-
-
Income
231 000
231 000
231 000
231 000
Total tax
82 765
71 956
104 424
94 257
After tax
148 235
159 044
126 576
136 743
Living cost
30 297
30 297
30 297
30 297
Free-cash
117 938
128 747
96 279
106 446

Estimated living cost  is ₽30297 per week

₽22530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95811
₽28910
₽86829
₽95322
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 384
surtax
-
-
-
-
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
924
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
112 604
Employee
43 251
39 431
192 146
-
other
432
394
1 157
-
unemployment
1 297
1 183
3 468
-
pensions
4 429
4 037
11 837
-
income
3 853
2 908
63 637
-
health
1 673
1 527
4 473
-
total
11 684
10 049
84 572
-
Employer
43 251
39 431
192 146
-
chamber of commerce
173
158
768
-
health
1 635
1 491
4 369
-
pensions
5 428
4 949
14 507
-
accident
561
513
1 502
-
unemployment
1 297
1 183
3 468
-
surtax
-
-
-
-
payroll
1 297
1 183
5 764
-
other
2 054
1 872
8 476
-
total
12 445
11 349
38 854
-
Corporate
175 302
180 221
188 390
-
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.

43 826
45 054
47 097
-
total
43 826
45 054
47 097
-
Dividends
131 475
135 166
-
-
withholding
36 156
37 170
-
-
total
36 156
37 170
-
-
Income
231 000
231 000
231 000
231 000
Total tax
104 111
103 622
170 523
112 604
After tax
126 889
127 378
60 477
118 396
Living cost
31 567
31 567
31 567
31 567
Free-cash
95 322
95 811
28 910
86 829

Estimated living cost  is ₽31567 per week

₽18936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽206827
₽172177
₽216067
₽204460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
microenterprise

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

-
-
-
2 310
total
-
-
-
2 310
Employee
15 779
-
231 000
-
income
3 156
-
46 200
-
total
3 156
-
46 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

215 221
231 000
-
-
total
-
-
-
-
Dividends
215 221
231 000
-
-
withholding
10 761
11 550
-
-
total
10 761
11 550
-
-
Income
231 000
231 000
231 000
231 000
Total tax
13 917
11 550
46 200
2 310
After tax
217 083
219 450
184 800
228 690
Living cost
12 623
12 623
12 623
12 623
Free-cash
204 460
206 827
172 177
216 067

Estimated living cost  is ₽12623 per week

₽8542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132504
₽74804
₽79818
₽124229
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
231 000
income
-
-
-
59 378
unemployment
-
-
-
347
health
-
-
-
22 731
pensions
-
-
-
42 187
total
-
-
-
124 643
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.

43 753
-
199 880
-
unemployment
62
-
280
-
pensions
6 782
-
30 981
-
income
7 545
-
54 365
-
health
2 826
-
12 911
-
total
17 215
-
98 537
-
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.

43 753
-
199 880
-
health
2 914
-
13 311
-
pensions
3 872
-
17 689
-
unemployment
26
-
120
-
total
6 812
-
31 120
-
Corporate
180 434
231 000
-
-
income
34 282
43 890
-
-
total
34 282
43 890
-
-
Dividends
146 152
187 110
-
-
withholding
21 923
28 067
-
-
total
21 923
28 067
-
-
Income
231 000
231 000
231 000
231 000
Total tax
80 232
71 957
129 657
124 643
After tax
150 768
159 043
101 343
106 357
Living cost
26 539
26 539
26 539
26 539
Free-cash
124 229
132 504
74 804
79 818

Estimated living cost  is ₽26539 per week

₽18213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97113
₽174332
₽116212
₽49240
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 268
-
-
-
social contributions
5 106
-
728
-
income
13 735
-
-
-
total
18 841
-
728
-
Employer
62 268
-
-
-
social contributions
87 798
-
12 513
-
total
87 798
-
12 513
-
Corporate
80 935
231 000
-
-
income
17 806
50 820
-
-
total
17 806
50 820
-
-
Dividends
63 129
180 180
-
-
income
13 888
39 640
-
-
total
13 888
39 640
-
-
Income
231 000
231 000
231 000
231 000
Total tax
138 333
90 460
13 241
71 361
After tax
92 667
140 540
217 759
159 639
Living cost
43 427
43 427
43 427
43 427
Free-cash
49 240
97 113
174 332
116 212

Estimated living cost  is ₽43427 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100358
₽70682
₽89036
₽99360
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 656
surtax
-
-
-
-
social contributions

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

-
-
-
80 272
total
-
-
-
110 928
Employee
45 507
-
186 667
-
surtax
-
-
398
-
social contributions
5 006
-
20 534
-
income
9 466
-
64 017
-
total
14 472
-
84 949
-
Employer
45 507
-
186 667
-
social contributions
10 808
-
44 333
-
total
10 808
-
44 333
-
Corporate
174 686
231 000
-
-
income
36 684
48 509
-
-
surtax
-
-
-
-
total
36 684
48 509
-
-
Dividends
138 002
182 491
-
-
withholding
38 640
51 097
-
-
total
38 640
51 097
-
-
Income
231 000
231 000
231 000
231 000
Total tax
100 604
99 606
129 282
110 928
After tax
130 396
131 394
101 718
120 072
Living cost
31 036
31 036
31 036
31 036
Free-cash
99 360
100 358
70 682
89 036

Estimated living cost  is ₽31036 per week

₽23221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68636
₽70584
₽77889
₽75437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 257
other
-
-
-
7 161
surtax
-
-
-
-
social contributions
-
-
-
6 581
health
-
-
-
11 538
pensions
-
-
-
35 785
total
-
-
-
105 322
Employee
61 971
-
175 831
-
pensions
7 009
-
13 452
-
surtax
-
-
-
-
social contributions
1 765
-
5 010
-
income
5 407
-
38 994
-
total
14 181
-
57 456
-
Employer
61 971
-
175 831
-
health
4 337
-
17 717
-
pensions
10 183
-
22 424
-
unemployment
2 510
-
7 122
-
social contributions
186
-
528
-
other
2 139
-
7 380
-
total
19 355
-
55 171
-
Corporate
149 674
231 000
-
-
income
41 909
64 680
-
-
surtax
-
-
-
-
total
41 909
64 680
-
-
Dividends
107 765
166 320
-
-
surtax
-
-
-
-
social contributions
18 536
28 606
-
-
withholding
13 793
21 289
-
-
total
32 329
49 895
-
-
Income
231 000
231 000
231 000
231 000
Total tax
107 774
114 575
112 627
105 322
After tax
123 226
116 425
118 373
125 678
Living cost
47 789
47 789
47 789
47 789
Free-cash
75 437
68 636
70 584
77 889

Estimated living cost  is ₽47789 per week

₽32343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178157
₽144568
₽138428
₽174834
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 009
social contributions
-
-
-
50 821
total
-
-
-
62 830
Employee
31 810
-
200 000
-
income
-
-
12 691
-
social contributions
2 067
-
12 999
-
total
2 067
-
25 690
-
Employer
31 810
-
200 000
-
social contributions
4 931
-
31 000
-
total
4 931
-
31 000
-
Corporate
194 260
231 000
-
-
income
19 426
23 101
-
-
total
19 426
23 101
-
-
Dividends
174 834
207 899
-
-
total
-
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
26 424
23 101
56 690
62 830
After tax
204 576
207 899
174 310
168 170
Living cost
29 742
29 742
29 742
29 742
Free-cash
174 834
178 157
144 568
138 428

Estimated living cost  is ₽29742 per week

₽19231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
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.
₽7710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15531
₽15531
₽85329
₽8843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
labour market
-
-
-
18 412
municipal
-
-
-
49 805
national
-
-
-
28 969
pensions
-
-
-
857
total
-
-
-
98 043
Employee
201 026
201 026
201 026
-
municipal
42 807
42 807
42 807
-
labour market
16 059
16 059
16 059
-
pensions
286
286
286
-
national
24 559
24 559
24 559
-
total
83 711
83 711
83 711
-
Employer
201 026
201 026
201 026
-
national
24 602
24 602
24 602
-
labour market
16 082
16 082
16 082
-
pensions
571
571
571
-
municipal
42 875
42 875
42 875
-
total
84 130
84 130
84 130
-
Corporate
15 530
-
-
-
income
3 417
-
-
-
total
3 417
-
-
-
Dividends
12 114
-
-
-
withholding
3 271
-
-
-
total
3 271
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
174 529
167 841
167 841
98 043
After tax
56 471
63 159
63 159
132 957
Living cost
47 628
47 628
47 628
47 628
Free-cash
8 843
15 531
15 531
85 329

Estimated living cost  is ₽47628 per week

₽32597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4213
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.
₽10085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3026
₽105647
₽135979
₽15377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
66 299
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
73 284
Employee
34 194
-
211 248
-
pensions
3 850
-
7 651
-
income
4 691
-
52 025
-
health
3 915
-
24 188
-
total
12 456
-
83 864
-
Employer
34 194
-
211 248
-
pensions
5 560
-
11 048
-
accident
571
-
3 528
-
unemployment
838
-
5 176
-
total
6 969
-
19 752
-
Corporate
189 838
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.

170 854
207 900
-
-
total
170 854
207 900
-
-
Dividends
18 984
23 100
-
-
withholding
3 607
4 389
-
-
total
3 607
4 389
-
-
Income
231 000
231 000
231 000
231 000
Total tax
193 886
212 289
103 616
73 284
After tax
37 114
18 711
127 384
157 716
Living cost
21 737
21 737
21 737
21 737
Free-cash
15 377
-3 026
105 647
135 979

Estimated living cost  is ₽21737 per week

₽15822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103239
₽76306
₽102765
₽106295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
health
-
-
-
3 145
municipal
-
-
-
41 014
national
-
-
-
46 089
total
-
-
-
90 248
Employee
52 057
-
194 329
-
municipal
8 526
-
31 629
-
unemployment
781
-
2 914
-
pensions
3 513
-
13 117
-
national
860
-
29 797
-
health
389
-
2 580
-
total
14 069
-
80 037
-
Employer
52 057
-
194 329
-
health
400
-
1 496
-
pensions
9 032
-
33 717
-
accident
53
-
193
-
unemployment
338
-
1 264
-
total
9 823
-
36 670
-
Corporate
169 121
231 000
-
-
income
33 824
46 200
-
-
total
33 824
46 200
-
-
Dividends

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

101 473
138 600
-
-
municipal
18 266
24 948
-
-
national
10 736
18 626
-
-
total
29 002
43 574
-
-
Income
231 000
231 000
231 000
231 000
Total tax
86 718
89 774
116 707
90 248
After tax
144 282
141 226
114 293
140 752
Living cost
37 987
37 987
37 987
37 987
Free-cash
106 295
103 239
76 306
102 765

Estimated living cost  is ₽37987 per week

₽24813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3654
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.
₽8917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145423
₽130263
₽132141
₽140038
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 052
social contributions
-
-
-
16 009
health
-
-
-
5 890
total
-
-
-
75 951
Employee
76 083
76 083
218 442
-
social contributions
2 877
6 315
8 517
-
income
8 284
7 043
53 040
-
health
590
1 294
3 714
-
total
11 751
14 652
65 271
-
Employer
76 083
76 083
218 442
-
health
640
1 408
4 041
-
social contributions
2 877
6 315
8 517
-
total
3 517
7 723
12 558
-
Corporate
192 824
147 194
-
-
income
24 103
18 399
-
-
total
24 103
18 399
-
-
Dividends
168 721
128 795
-
-
withholding
28 683
21 895
-
-
total
28 683
21 895
-
-
Income
231 000
231 000
231 000
231 000
Total tax
68 054
62 669
77 829
75 951
After tax
162 946
168 331
153 171
155 049
Living cost
22 908
22 908
22 908
22 908
Free-cash
140 038
145 423
130 263
132 141

Estimated living cost  is ₽22908 per week

₽13729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175583
₽161572
₽181418
₽170548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
231 000
income
-
-
-
23 970
unemployment
-
-
-
28
health
-
-
-
3 581
pensions
-
-
-
6 294
total
-
-
-
33 873
Employee

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

22 711
-
221 330
-
unemployment
113
-
469
-
pensions
3 406
-
14 082
-
income
1 553
-
21 518
-
health
1 930
-
7 980
-
total
7 002
-
44 049
-
Employer

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

22 711
-
221 330
-
health
976
-
4 037
-
pensions
1 249
-
5 164
-
unemployment
113
-
469
-
total
2 338
-
9 670
-
Corporate
205 951
231 000
-
-
income
18 536
20 789
-
-
total
18 536
20 789
-
-
Dividends
187 415
210 211
-
-
withholding
16 867
18 919
-
-
total
16 867
18 919
-
-
Income
231 000
231 000
231 000
231 000
Total tax
44 743
39 708
53 719
33 873
After tax
186 257
191 292
177 281
197 127
Living cost
15 709
15 709
15 709
15 709
Free-cash
170 548
175 583
161 572
181 418

Estimated living cost  is ₽15709 per week

₽10023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
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.
₽4086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126083
₽97641
₽101792
₽121714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
826
income
-
-
-
74 486
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
101 999
Employee
36 586
-
201 763
-
other
36
-
92
-
unemployment
567
-
1 421
-
pensions
1 720
-
4 311
-
income
7 053
-
71 089
-
total
9 376
-
76 913
-
Employer
36 586
-
201 763
-
pensions
8 633
-
21 644
-
accident
725
-
1 816
-
unemployment
2 013
-
5 043
-
other
293
-
734
-
total
11 664
-
29 237
-
Corporate
182 750
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.

27 412
34 650
-
-
total
27 412
34 650
-
-
Dividends
155 339
196 350
-
-
withholding
33 625
43 058
-
-
total
33 625
43 058
-
-
Income
231 000
231 000
231 000
231 000
Total tax
82 077
77 708
106 150
101 999
After tax
148 923
153 292
124 850
129 001
Living cost
27 209
27 209
27 209
27 209
Free-cash
121 714
126 083
97 641
101 792

Estimated living cost  is ₽27209 per week

₽18365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽142209
₽146941
₽147079
₽141892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 552
health
-
-
-
1 023
pensions
-
-
-
1 411
total
-
-
-
81 986
Employee
2 947
-
229 412
-
unemployment
29
-
71
-
pensions
265
-
635
-
income
570
-
79 478
-
health
147
-
353
-
total
1 011
-
80 537
-
Employer
2 947
-
229 412
-
health
280
-
670
-
pensions
324
-
776
-
unemployment
59
-
141
-
total
663
-
1 587
-
Corporate
227 390
231 000
-
-
income
50 026
50 820
-
-
total
50 026
50 820
-
-
Dividends
177 364
180 180
-
-
withholding
35 473
36 036
-
-
total
35 473
36 036
-
-
Income
231 000
231 000
231 000
231 000
Total tax
87 173
86 856
82 124
81 986
After tax
143 827
144 144
148 876
149 014
Living cost
1 935
1 935
1 935
1 935
Free-cash
141 892
142 209
146 941
147 079

Estimated living cost  is ₽1935 per week

₽1150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149787
₽132634
₽132634
₽144919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
231 000
income
-
-
-
53 617
unemployment
-
-
-
1 097
health
-
-
-
7 531
pensions
-
-
-
19 011
total
-
-
-
81 256
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.

25 801
-
217 912
-
unemployment
194
-
548
-
pensions
3 612
-
10 237
-
income
3 556
-
53 617
-
health
1 329
-
3 766
-
total
8 691
-
68 168
-
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.

25 801
-
217 912
-
health
1 329
-
3 766
-
pensions
3 096
-
8 774
-
unemployment
194
-
548
-
total
4 619
-
13 088
-
Corporate
200 580
231 000
-
-
income
30 087
34 650
-
-
total
30 087
34 650
-
-
Dividends
170 493
196 350
-
-
withholding
25 574
29 453
-
-
total
25 574
29 453
-
-
Income
231 000
231 000
231 000
231 000
Total tax
68 971
64 103
81 256
81 256
After tax
162 029
166 897
149 744
149 744
Living cost
17 110
17 110
17 110
17 110
Free-cash
144 919
149 787
132 634
132 634

Estimated living cost  is ₽17110 per week

₽11520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
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.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104719
₽75043
₽93397
₽104362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 656
surtax
-
-
-
-
social contributions

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

-
-
-
80 272
total
-
-
-
110 928
Employee
38 403
-
186 667
-
surtax
-
-
398
-
social contributions
4 225
-
20 534
-
income
7 504
-
64 017
-
total
11 729
-
84 949
-
Employer
38 403
-
186 667
-
social contributions
9 120
-
44 333
-
total
9 120
-
44 333
-
Corporate
183 478
231 000
-
-
income
38 529
48 509
-
-
surtax
-
-
-
-
total
38 529
48 509
-
-
Dividends
144 948
182 491
-
-
withholding
40 585
51 097
-
-
total
40 585
51 097
-
-
Income
231 000
231 000
231 000
231 000
Total tax
99 963
99 606
129 282
110 928
After tax
131 037
131 394
101 718
120 072
Living cost
26 675
26 675
26 675
26 675
Free-cash
104 362
104 719
75 043
93 397

Estimated living cost  is ₽26675 per week

₽18893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
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.
₽5456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118519
₽90077
₽94228
₽112045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
826
income
-
-
-
74 486
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
101 999
Employee
47 786
-
201 763
-
other
47
-
92
-
unemployment
740
-
1 421
-
pensions
2 246
-
4 311
-
income
9 981
-
71 089
-
total
13 014
-
76 913
-
Employer
47 786
-
201 763
-
pensions
11 277
-
21 644
-
accident
946
-
1 816
-
unemployment
2 629
-
5 043
-
other
383
-
734
-
total
15 235
-
29 237
-
Corporate
167 979
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.

25 196
34 650
-
-
total
25 196
34 650
-
-
Dividends
142 783
196 350
-
-
withholding
30 737
43 058
-
-
total
30 737
43 058
-
-
Income
231 000
231 000
231 000
231 000
Total tax
84 182
77 708
106 150
101 999
After tax
146 818
153 292
124 850
129 001
Living cost
34 773
34 773
34 773
34 773
Free-cash
112 045
118 519
90 077
94 228

Estimated living cost  is ₽34773 per week

₽24973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽180482
₽179769
₽170098
₽174451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
34 650
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
43 879
Employee
22 540
-
224 219
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
pensions

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

1 979
-
3 035
-
income
2 254
-
22 422
-
health
1 037
-
1 590
-
total
5 518
-
27 427
-
Employer
22 540
-
224 219
-
health
1 555
-
2 385
-
pensions

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

2 484
-
3 809
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
unemployment
135
-
207
-
total
4 422
-
6 781
-
Corporate
204 037
231 000
-
-
income
20 404
23 100
-
-
total
20 404
23 100
-
-
Dividends
183 633
207 900
-
-
withholding
9 182
10 395
-
-
total
9 182
10 395
-
-
Income
231 000
231 000
231 000
231 000
Total tax
39 526
33 495
34 208
43 879
After tax
191 474
197 505
196 792
187 121
Living cost
17 023
17 023
17 023
17 023
Free-cash
174 451
180 482
179 769
170 098

Estimated living cost  is ₽17023 per week

₽11259
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.
₽4384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80592
₽104072
₽77526
₽93535
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
income

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

-
-
-
77 694
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.

-
-
-
4 274
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.

-
-
-
6 760
trade
-
-
-
26 546
total
-
-
-
115 274
Employee

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

49 231
-
231 000
-
surtax

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

223
-
4 274
-
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.

4 048
-
77 694
-
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.

6 760
-
6 760
-
total
11 031
-
88 728
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 769
231 000
-
-
income
27 265
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.

1 500
1 906
-
-
chamber of commerce
417
488
-
-
trade
26 084
33 148
-
-
total
55 266
70 192
-
-
Dividends
126 502
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
2 191
-
-
withholding
31 250
39 825
-
-
total
32 968
42 016
-
-
Income
231 000
231 000
231 000
231 000
Total tax
99 265
112 208
88 728
115 274
After tax
131 735
118 792
142 272
115 726
Living cost
38 200
38 200
38 200
38 200
Free-cash
93 535
80 592
104 072
77 526

Estimated living cost  is ₽38200 per week

₽26351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽105336
₽58739
₽58739
₽107522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 045
social contributions
-
-
-
39 853
total
-
-
-
115 898
Employee
77 397
-
231 000
-
income
14 604
-
76 045
-
social contributions
6 430
-
39 853
-
total
21 034
-
115 898
-
Employer
77 397
-
231 000
-
total
-
-
-
-
Corporate
153 603
231 000
-
-
income
19 201
28 875
-
-
total
19 201
28 875
-
-
Dividends
134 403
202 125
-
-
withholding
26 880
40 426
-
-
total
26 880
40 426
-
-
Income
231 000
231 000
231 000
231 000
Total tax
67 115
69 301
115 898
115 898
After tax
163 885
161 699
115 102
115 102
Living cost
56 363
56 363
56 363
56 363
Free-cash
107 522
105 336
58 739
58 739

Estimated living cost  is ₽56363 per week

₽42880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109006
₽124869
₽154428
₽112462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 005
total
-
-
-
40 655
Employee
45 390
-
226 449
-
income
4 925
-
61 112
-
social contributions
4 548
-
4 551
-
total
9 473
-
65 663
-
Employer
45 390
-
226 449
-
social contributions
4 548
-
4 551
-
total
4 548
-
4 551
-
Corporate
181 063
231 000
-
-
income
63 373
80 850
-
-
total
63 373
80 850
-
-
Dividends
117 690
150 150
-
-
social contributions
5 227
5 227
-
-
total
5 227
5 227
-
-
Income
231 000
231 000
231 000
231 000
Total tax
82 621
86 077
70 214
40 655
After tax
148 379
144 923
160 786
190 345
Living cost
35 917
35 917
35 917
35 917
Free-cash
112 462
109 006
124 869
154 428

Estimated living cost  is ₽35917 per week

₽23658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108407
₽91662
₽112255
₽114243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
72 108
pensions
-
-
-
10 017
total
-
-
-
82 125
Employee
50 266
-
201 261
-
pensions
3 837
-
11 901
-
income
9 154
-
58 382
-
health
656
-
2 695
-
total
13 647
-
72 978
-
Employer
50 266
-
201 261
-
health
955
-
3 824
-
pensions
5 078
-
25 916
-
total
6 033
-
29 740
-
Corporate
174 700
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.

33 194
43 889
-
-
total
33 194
43 889
-
-
Dividends
141 507
187 111
-
-
withholding
27 263
42 084
-
-
total
27 263
42 084
-
-
Income
231 000
231 000
231 000
231 000
Total tax
80 137
85 973
102 718
82 125
After tax
150 863
145 027
128 282
148 875
Living cost
36 620
36 620
36 620
36 620
Free-cash
114 243
108 407
91 662
112 255

Estimated living cost  is ₽36620 per week

₽25121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5178
₽103495
₽133827
₽15046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
66 299
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
73 284
Employee
37 578
-
211 248
-
pensions
4 231
-
7 651
-
income
5 155
-
52 025
-
health
4 303
-
24 188
-
total
13 689
-
83 864
-
Employer
37 578
-
211 248
-
pensions
6 110
-
11 048
-
accident
628
-
3 528
-
unemployment
921
-
5 176
-
total
7 659
-
19 752
-
Corporate
185 764
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.

167 187
207 900
-
-
total
167 187
207 900
-
-
Dividends
18 576
23 100
-
-
withholding
3 530
4 389
-
-
total
3 530
4 389
-
-
Income
231 000
231 000
231 000
231 000
Total tax
192 065
212 289
103 616
73 284
After tax
38 935
18 711
127 384
157 716
Living cost
23 889
23 889
23 889
23 889
Free-cash
15 046
-5 178
103 495
133 827

Estimated living cost  is ₽23889 per week

₽17532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽4484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163346
₽156923
₽135161
₽160351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
income
-
-
-
38 943
unemployment
-
-
-
1 899
work injury
-
-
-
791
health insurance
-
-
-
11 713
pensions
-
-
-
29 124
total
-
-
-
82 470
Employee

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

21 391
-
231 000
-
health insurance
1 583
-
5 857
-
unemployment
257
-
950
-
work injury
107
-
396
-
pensions
3 936
-
14 562
-
income
2 139
-
38 943
-
total
8 022
-
60 708
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
209 609
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%.

20 961
23 100
-
-
total
20 961
23 100
-
-
Dividends
188 649
207 900
-
-
withholding
28 297
31 185
-
-
total
28 297
31 185
-
-
Income
231 000
231 000
231 000
231 000
Total tax
57 280
54 285
60 708
82 470
After tax
173 720
176 715
170 292
148 530
Living cost
13 369
13 369
13 369
13 369
Free-cash
160 351
163 346
156 923
135 161

Estimated living cost  is ₽13369 per week

₽8282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82259
₽61376
₽69504
₽77757
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
social contributions
-
-
-
49 521
regional
-
-
-
5 713
municipal
-
-
-
1 634
national
-
-
-
65 211
total
-
-
-
122 079
Employee
83 377
-
231 000
-
municipal
498
-
1 495
-
national
14 090
-
58 588
-
regional
1 259
-
5 200
-
social contributions
28 114
-
64 924
-
total
43 961
-
130 207
-
Employer
83 377
-
231 000
-
total
-
-
-
-
Corporate
147 623
231 000
-
-
municipal
7 116
11 134
-
-
nationa
35 429
55 440
-
-
total
42 545
66 574
-
-
Dividends
105 078
164 426
-
-
withholding
27 320
42 750
-
-
total
27 320
42 750
-
-
Income
231 000
231 000
231 000
231 000
Total tax
113 826
109 324
130 207
122 079
After tax
117 174
121 676
100 793
108 921
Living cost
39 417
39 417
39 417
39 417
Free-cash
77 757
82 259
61 376
69 504

Estimated living cost  is ₽39417 per week

₽27688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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