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
₽83550
₽87695
₽98177
₽112992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 475
trade
-
-
-
29 442
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.

-
-
-
4 318
income

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

-
-
-
78 509
total
-
-
-
118 744
Employee

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

36 249
-
231 000
-
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.

6 475
-
6 475
-
surtax

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

56
-
4 318
-
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.

1 013
-
78 509
-
total
7 544
-
89 302
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 751
231 000
-
-
trade
30 674
36 382
-
-
chamber of commerce
424
477
-
-
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.

1 606
1 906
-
-
income
29 213
34 650
-
-
total
61 917
73 415
-
-
Dividends
132 833
157 585
-
-
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.

1 808
2 147
-
-
withholding
32 848
39 037
-
-
total
34 656
41 184
-
-
Income
231 000
231 000
231 000
231 000
Total tax
104 117
114 599
89 302
118 744
After tax
126 883
116 401
141 698
112 256
Living cost
28 706
28 706
28 706
28 706
Free-cash
98 177
87 695
112 992
83 550

Estimated living cost  is ₽28706 per week

₽18057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3347
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.
₽6766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80800
₽93950
₽93115
₽82039
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
municipal
-
-
-
25 707
social contributions
-
-
-
2 483
national
-
-
-
44 096
pensions
-
-
-
27 720
total
-
-
-
100 006
Employee
77 810
-
199 697
-
pensions
3 112
-
7 988
-
national
14 893
-
46 055
-
municipal
9 611
-
26 601
-
total
27 616
-
80 644
-
Employer
77 810
-
199 697
-
pensions
6 225
-
15 976
-
social contributions
836
-
2 147
-
total
7 061
-
18 123
-
Corporate
140 993
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%.

28 199
46 200
-
-
total
28 199
46 200
-
-
Dividends
112 795
184 800
-
-
withholding
24 815
40 656
-
-
total
24 815
40 656
-
-
Income
231 000
231 000
231 000
231 000
Total tax
87 691
86 856
98 767
100 006
After tax
143 309
144 144
132 233
130 994
Living cost
50 194
50 194
50 194
50 194
Free-cash
93 115
93 950
82 039
80 800

Estimated living cost  is ₽50194 per week

₽34116
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65501
₽165083
₽157309
₽81651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
36 312
income
-
-
-
50 565
microenterprise
-
-
-
-
surtax
-
-
-
58 905
total
-
-
-
145 782
Employee
27 693
-
183 595
-
surtax
-
-
26 622
-
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.

3 047
-
12 424
-
income
4 930
-
43 180
-
total
7 977
-
82 226
-
Employer
27 693
-
183 595
-
surtax
-
-
20 196
-
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.

6 671
-
27 210
-
total
6 671
-
47 406
-
Corporate
196 636
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%.

39 326
46 200
-
-
total
39 326
46 200
-
-
Dividends

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

157 310
184 800
-
-
total
-
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
53 974
46 200
129 632
145 782
After tax
177 026
184 800
101 368
85 218
Living cost
19 717
19 717
19 717
19 717
Free-cash
157 309
165 083
81 651
65 501

Estimated living cost  is ₽19717 per week

₽12579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83371
₽75620
₽69814
₽108002
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 687
pensions
-
-
-
11 104
income
-
-
-
85 136
total
-
-
-
107 927
Employee
80 933
80 933
213 387
-
health
12 422
10 566
11 687
-
pensions
14 568
11 104
11 104
-
income

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

13 247
13 247
42 892
-
total
40 237
34 917
65 683
-
Employer
80 933
80 933
213 387
-
health
5 626
5 626
6 991
-
pensions
5 633
5 633
7 002
-
unemployment
2 914
2 914
3 620
-
total
14 173
14 173
17 613
-
Corporate
136 887
135 894
-
-
income
27 377
27 179
-
-
total
27 377
27 179
-
-
Dividends
109 510
108 715
-
-
income
23 271
23 102
-
-
withholding
16 426
16 307
-
-
total
39 697
39 409
-
-
Income
231 000
231 000
231 000
231 000
Total tax
121 484
115 678
83 296
107 927
After tax
109 516
115 322
147 704
123 073
Living cost
39 702
39 702
39 702
39 702
Free-cash
69 814
75 620
108 002
83 371

Estimated living cost  is ₽39702 per week

₽28136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75493
₽86446
₽85556
₽74531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 427
accident
-
-
-
174
other
-
-
-
10 105
municipal
-
-
-
61 371
pensions
-
-
-
9 401
national
-
-
-
29 262
unemployment
-
-
-
87
total
-
-
-
115 827
Employee
56 541
-
203 676
-
national
-
-
28 729
-
municipal
16 860
-
60 736
-
total
16 860
-
89 465
-
Employer
56 541
-
203 676
-
health
3 477
-
5 348
-
accident
113
-
174
-
pensions
6 112
-
9 401
-
other
6 570
-
10 105
-
unemployment
1 493
-
2 296
-
total
17 765
-
27 324
-
Corporate
156 694
231 000
-
-
income
34 473
50 820
-
-
total
34 473
50 820
-
-
Dividends
122 221
180 180
-
-
withholding
36 666
54 054
-
-
total
36 666
54 054
-
-
Income
231 000
231 000
231 000
231 000
Total tax
105 764
104 874
116 789
115 827
After tax
125 236
126 126
114 211
115 173
Living cost
39 680
39 680
39 680
39 680
Free-cash
85 556
86 446
74 531
75 493

Estimated living cost  is ₽39680 per week

₽26299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73716
₽77985
₽91299
₽104467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 475
trade
-
-
-
30 751
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.

-
-
-
4 318
income

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

-
-
-
78 509
total
-
-
-
120 053
Employee

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

48 062
-
231 000
-
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.

6 475
-
6 475
-
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.

227
-
4 318
-
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.

4 129
-
78 509
-
total
10 831
-
89 302
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 938
231 000
-
-
trade
30 093
37 999
-
-
chamber of commerce
405
473
-
-
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.

1 509
1 906
-
-
income
27 440
34 650
-
-
total
59 447
75 028
-
-
Dividends
123 492
155 971
-
-
surtax

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

1 678
2 124
-
-
withholding
30 514
38 632
-
-
total
32 192
40 756
-
-
Income
231 000
231 000
231 000
231 000
Total tax
102 470
115 784
89 302
120 053
After tax
128 530
115 216
141 698
110 947
Living cost
37 231
37 231
37 231
37 231
Free-cash
91 299
77 985
104 467
73 716

Estimated living cost  is ₽37231 per week

₽24900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123942
₽137569
₽133637
₽122083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 890
social contributions
-
-
-
15 334
income
-
-
-
55 094
total
-
-
-
76 318
Employee
72 877
72 877
218 793
-
health
725
1 239
3 719
-
social contributions
3 541
6 048
8 158
-
income
7 653
6 746
54 094
-
total
11 919
14 033
65 971
-
Employer
72 877
72 877
218 793
-
health
790
1 349
4 048
-
social contributions
3 541
6 048
8 158
-
total
4 331
7 397
12 206
-
Corporate
184 010
150 726
-
-
income
23 001
18 841
-
-
total
23 001
18 841
-
-
Dividends
161 009
131 885
-
-
withholding
27 372
22 420
-
-
total
27 372
22 420
-
-
Income
231 000
231 000
231 000
231 000
Total tax
66 623
62 691
78 177
76 318
After tax
164 377
168 309
152 823
154 682
Living cost
30 740
30 740
30 740
30 740
Free-cash
133 637
137 569
122 083
123 942

Estimated living cost  is ₽30740 per week

₽21014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2401
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.
₽6809
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142676
₽112281
₽112643
₽116562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
16 170
pensions
-
-
-
23 100
unemployment
-
-
-
3 465
income
-
-
-
28 240
total
-
-
-
70 975
Employee

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

The minimum wage is 138,000 HUF per month.

25 043
9 967
193 305
-
health
1 753
698
13 531
-
pensions
2 504
997
19 331
-
unemployment
376
150
2 900
-
income
3 062
1 218
23 632
-
total
7 695
3 063
59 394
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 043
9 967
193 305
-
pensions
4 883
1 944
37 695
-
total
4 883
1 944
37 695
-
Corporate
201 073
219 090
-
-
income
18 097
19 718
-
-
total
18 097
19 718
-
-
Dividends
182 977
199 371
-
-
social contributions
35 567
38 764
-
-
withholding
34 766
37 881
-
-
total
70 333
76 645
-
-
Income
231 000
231 000
231 000
231 000
Total tax
101 008
101 370
97 089
70 975
After tax
129 992
129 630
133 911
160 025
Living cost
17 349
17 349
17 349
17 349
Free-cash
112 643
112 281
116 562
142 676

Estimated living cost  is ₽17349 per week

₽11839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1419
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3744
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100925
₽161909
₽156021
₽110253
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
30 030
pensions
-
-
-
46 200
income
-
-
-
30 954
total
-
-
-
107 184
Employee
26 886
-
172 645
-
pensions
538
-
3 453
-
unemployment
430
-
2 763
-
income
3 027
-
33 285
-
total
3 995
-
39 501
-
Employer
26 886
-
172 645
-
health
3 495
-
22 444
-
pensions
5 378
-
34 530
-
unemployment
216
-
1 381
-
total
9 089
-
58 355
-
Corporate
195 026
231 000
-
-
income
39 004
46 200
-
-
total
39 004
46 200
-
-
Dividends
156 022
184 800
-
-
total
-
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
52 088
46 200
97 856
107 184
After tax
178 912
184 800
133 144
123 816
Living cost
22 891
22 891
22 891
22 891
Free-cash
156 021
161 909
110 253
100 925

Estimated living cost  is ₽22891 per week

₽15701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1363
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.
₽5367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136664
-₽2312
₽15487
₽106653
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 084
accident
-
-
-
241
other
-
-
-
354
pensions
-
-
-
3 976
income
-
-
-
66 658
total
-
-
-
73 313
Employee
33 070
-
211 748
-
health
3 787
-
24 245
-
pensions
3 724
-
7 291
-
income
4 537
-
52 536
-
total
12 048
-
84 072
-
Employer
33 070
-
211 748
-
accident
552
-
3 536
-
pensions
5 377
-
10 528
-
unemployment
810
-
5 188
-
total
6 739
-
19 252
-
Corporate
191 190
231 000
-
-
income

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

172 071
207 900
-
-
total
172 071
207 900
-
-
Dividends
19 119
23 100
-
-
withholding
3 632
4 389
-
-
total
3 632
4 389
-
-
Income
231 000
231 000
231 000
231 000
Total tax
194 490
212 289
103 324
73 313
After tax
36 510
18 711
127 676
157 687
Living cost
21 023
21 023
21 023
21 023
Free-cash
15 487
-2 312
106 653
136 664

Estimated living cost  is ₽21023 per week

₽15408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4012
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽220891
₽211651
₽210189
₽177001
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
microenterprise

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

-
-
-
2 310
total
-
-
-
2 310
Employee
9 748
-
231 000
-
income
1 949
-
46 200
-
total
1 949
-
46 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

221 252
231 000
-
-
total
-
-
-
-
Dividends
221 252
231 000
-
-
withholding
11 063
11 550
-
-
total
11 063
11 550
-
-
Income
231 000
231 000
231 000
231 000
Total tax
13 012
11 550
46 200
2 310
After tax
217 988
219 450
184 800
228 690
Living cost
7 799
7 799
7 799
7 799
Free-cash
210 189
211 651
177 001
220 891

Estimated living cost  is ₽7799 per week

₽4833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116175
₽144462
₽138061
₽114308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 342
other
-
-
-
6 845
pensions

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

-
-
-
34 589
income
-
-
-
41 796
total
-
-
-
89 572
Employee
34 411
-
194 282
-
health
482
-
2 018
-
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.

2 408
-
10 088
-
unemployment
344
-
1 441
-
income
5 924
-
41 173
-
total
9 158
-
54 720
-
Employer
34 411
-
194 282
-
health
482
-
2 018
-
accident
275
-
1 554
-
pensions

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

5 851
-
24 501
-
other
1 721
-
7 205
-
unemployment
344
-
1 441
-
total
8 673
-
36 719
-
Corporate
187 916
231 000
-
-
income
39 463
48 510
-
-
total
39 463
48 510
-
-
Dividends
148 453
182 490
-
-
withholding
10 392
12 775
-
-
total
10 392
12 775
-
-
Income
231 000
231 000
231 000
231 000
Total tax
67 686
61 285
91 439
89 572
After tax
163 314
169 715
139 561
141 428
Living cost
25 253
25 253
25 253
25 253
Free-cash
138 061
144 462
114 308
116 175

Estimated living cost  is ₽25253 per week

₽17843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1705
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.
₽5298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85106
₽81025
₽88641
₽64553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 796
income
-
-
-
72 865
total
-
-
-
82 661
Employee
89 466
-
201 194
-
health
1 474
-
2 666
-
pensions
8 631
-
11 578
-
income
16 127
-
59 164
-
total
26 232
-
73 408
-
Employer
89 466
-
201 194
-
health
1 699
-
3 823
-
pensions
10 563
-
25 983
-
total
12 262
-
29 806
-
Corporate
129 272
231 000
-
-
income

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

24 562
43 890
-
-
total
24 562
43 890
-
-
Dividends
104 709
187 110
-
-
withholding
16 070
42 852
-
-
total
16 070
42 852
-
-
Income
231 000
231 000
231 000
231 000
Total tax
79 126
86 742
103 214
82 661
After tax
151 874
144 258
127 786
148 339
Living cost
63 233
63 233
63 233
63 233
Free-cash
88 641
81 025
64 553
85 106

Estimated living cost  is ₽63233 per week

₽47382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7430
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.
₽7908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽175178
₽185133
₽180752
₽184934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 790
pensions

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

-
-
-
4 878
unemployment
-
-
-
132
income
-
-
-
34 650
total
-
-
-
43 450
Employee
16 382
-
224 533
-
health
753
-
1 516
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 438
-
2 894
-
income
1 638
-
22 454
-
total
4 009
-
27 227
-
Employer
16 382
-
224 533
-
health
1 131
-
2 274
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 805
-
3 632
-
unemployment
98
-
198
-
total
3 214
-
6 467
-
Corporate
211 404
231 000
-
-
income
21 140
23 100
-
-
total
21 140
23 100
-
-
Dividends
190 264
207 900
-
-
withholding
9 513
10 395
-
-
total
9 513
10 395
-
-
Income
231 000
231 000
231 000
231 000
Total tax
37 876
33 495
33 694
43 450
After tax
193 124
197 505
197 306
187 550
Living cost
12 372
12 372
12 372
12 372
Free-cash
180 752
185 133
184 934
175 178

Estimated living cost  is ₽12372 per week

₽7223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70519
₽62768
₽65150
₽95150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 687
pensions
-
-
-
11 104
income
-
-
-
85 136
total
-
-
-
107 927
Employee
87 867
80 933
213 387
-
health
10 962
10 566
11 687
-
pensions
11 104
11 104
11 104
-
income

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

13 247
13 247
42 892
-
total
35 313
34 917
65 683
-
Employer
87 867
80 933
213 387
-
health
6 106
5 626
6 991
-
pensions
6 115
5 633
7 002
-
unemployment
3 164
2 914
3 620
-
total
15 385
14 173
17 613
-
Corporate
127 748
135 894
-
-
income
25 550
27 179
-
-
total
25 550
27 179
-
-
Dividends
102 198
108 715
-
-
income
21 717
23 102
-
-
withholding
15 331
16 307
-
-
total
37 048
39 409
-
-
Income
231 000
231 000
231 000
231 000
Total tax
113 296
115 678
83 296
107 927
After tax
117 704
115 322
147 704
123 073
Living cost
52 554
52 554
52 554
52 554
Free-cash
65 150
62 768
95 150
70 519

Estimated living cost  is ₽52554 per week

₽38767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114212
₽135614
₽127255
₽103919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
31 185
social contributions
-
-
-
33 714
solidarity contribution
-
-
-
3 545
income
-
-
-
24 915
total
-
-
-
93 359
Employee
34 455
-
185 445
-
health
4 651
-
25 035
-
solidarity contribution
-
-
2 621
-
social contributions
2 240
-
7 505
-
income
4 135
-
22 936
-
total
11 026
-
58 097
-
Employer
34 455
-
185 445
-
health
3 101
-
16 690
-
social contributions
8 614
-
28 865
-
total
11 715
-
45 555
-
Corporate
184 830
231 000
-
-
income
35 118
43 890
-
-
total
35 118
43 890
-
-
Dividends
149 712
187 110
-
-
withholding
22 457
28 067
-
-
total
22 457
28 067
-
-
Income
231 000
231 000
231 000
231 000
Total tax
80 316
71 957
103 652
93 359
After tax
150 684
159 043
127 348
137 641
Living cost
23 429
23 429
23 429
23 429
Free-cash
127 255
135 614
103 919
114 212

Estimated living cost  is ₽23429 per week

₽16274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72451
₽83258
₽78306
₽64416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 006
municipal
-
-
-
1 469
social contributions
-
-
-
47 434
national
-
-
-
66 649
total
-
-
-
118 558
Employee
84 229
-
231 000
-
regional
795
-
2 749
-
national
14 595
-
60 306
-
social contributions
28 402
-
62 187
-
municipal
446
-
1 351
-
total
44 238
-
126 593
-
Employer
84 229
-
231 000
-
total
-
-
-
-
Corporate
146 771
231 000
-
-
nationa
35 226
55 439
-
-
municipal
5 725
9 009
-
-
total
40 951
64 448
-
-
Dividends
105 820
166 552
-
-
withholding
27 514
43 303
-
-
total
27 514
43 303
-
-
Income
231 000
231 000
231 000
231 000
Total tax
112 703
107 751
126 593
118 558
After tax
118 297
123 249
104 407
112 442
Living cost
39 991
39 991
39 991
39 991
Free-cash
78 306
83 258
64 416
72 451

Estimated living cost  is ₽39991 per week

₽27877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87553
₽124386
₽121436
₽81759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 980
other
-
-
-
-
pensions
-
-
-
25 298
unemployment
-
-
-
216
income
-
-
-
75 119
surtax
-
-
-
12 921
total
-
-
-
122 534
Employee
31 341
-
204 375
-
health
800
-
3 225
-
pensions
2 090
-
8 437
-
unemployment
2 182
-
8 804
-
surtax
103
-
11 787
-
income
5 253
-
69 450
-
other
-
-
-
-
total
10 428
-
101 703
-
Employer
31 341
-
204 375
-
health
1 426
-
5 755
-
pensions
4 178
-
16 861
-
other
-
-
-
-
unemployment
993
-
4 009
-
total
6 597
-
26 625
-
Corporate
193 062
231 000
-
-
income
50 197
60 060
-
-
total
50 197
60 060
-
-
Dividends
142 865
170 940
-
-
withholding
21 429
25 641
-
-
total
21 429
25 641
-
-
Income
231 000
231 000
231 000
231 000
Total tax
88 651
85 701
128 328
122 534
After tax
142 349
145 299
102 672
108 466
Living cost
20 913
20 913
20 913
20 913
Free-cash
121 436
124 386
81 759
87 553

Estimated living cost  is ₽20913 per week

₽12787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105139
₽101058
₽107305
₽84586
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 796
income
-
-
-
72 865
total
-
-
-
82 661
Employee
59 958
-
201 194
-
health
870
-
2 666
-
pensions
5 089
-
11 578
-
income
10 799
-
59 164
-
total
16 758
-
73 408
-
Employer
59 958
-
201 194
-
health
1 139
-
3 823
-
pensions
6 490
-
25 983
-
total
7 629
-
29 806
-
Corporate
163 413
231 000
-
-
income

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

31 049
43 890
-
-
total
31 049
43 890
-
-
Dividends
132 364
187 110
-
-
withholding
25 059
42 852
-
-
total
25 059
42 852
-
-
Income
231 000
231 000
231 000
231 000
Total tax
80 495
86 742
103 214
82 661
After tax
150 505
144 258
127 786
148 339
Living cost
43 200
43 200
43 200
43 200
Free-cash
107 305
101 058
84 586
105 139

Estimated living cost  is ₽43200 per week

₽32365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽105693
₽28295
₽61387
₽97432
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
520
city
-
-
-
2 435
other

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

-
-
-
4 620
regional
-
-
-
13 044
pensions
-
-
-
21 251
national
-
-
-
6 103
total
-
-
-
47 973
Employee
90 501
-
208 007
-
health
205
-
469
-
regional
2 963
-
11 655
-
pensions
7 603
-
16 073
-
unemployment
-
-
-
-
national
428
-
5 086
-
city
971
-
2 250
-
total
12 170
-
35 533
-
Employer
90 501
-
208 007
-
health
205
-
469
-
pensions
7 603
-
16 073
-
other

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

1 809
-
4 159
-
unemployment
-
-
-
-
total
9 617
-
20 701
-
Corporate
129 887
231 000
-
-
national
11 039
19 636
-
-
regional
27 471
48 857
-
-
total
38 510
68 493
-
-
Dividends
91 376
162 507
-
-
withholding
31 982
56 878
-
-
total
31 982
56 878
-
-
Income
231 000
231 000
231 000
231 000
Total tax
92 279
125 371
56 234
47 973
After tax
138 721
105 629
174 766
183 027
Living cost
77 334
77 334
77 334
77 334
Free-cash
61 387
28 295
97 432
105 693

Estimated living cost  is ₽77334 per week

₽50289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽949
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽66222
₽70612
₽85979
₽98282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 475
trade
-
-
-
32 060
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.

-
-
-
4 318
income

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

-
-
-
78 509
total
-
-
-
121 362
Employee

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

56 957
-
231 000
-
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.

6 475
-
6 475
-
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.

369
-
4 318
-
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.

6 698
-
78 509
-
total
13 542
-
89 302
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
174 043
231 000
-
-
trade
29 848
39 616
-
-
chamber of commerce
388
469
-
-
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.

1 435
1 906
-
-
income
26 107
34 650
-
-
total
57 778
76 641
-
-
Dividends
116 263
154 358
-
-
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.

1 579
2 102
-
-
withholding
28 706
38 229
-
-
total
30 285
40 331
-
-
Income
231 000
231 000
231 000
231 000
Total tax
101 605
116 972
89 302
121 362
After tax
129 395
114 028
141 698
109 638
Living cost
43 416
43 416
43 416
43 416
Free-cash
85 979
70 612
98 282
66 222

Estimated living cost  is ₽43416 per week

₽31710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3473
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.
₽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 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
₽92437
₽83999
₽89597
₽84545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 768
other
-
-
-
7 162
pensions
-
-
-
35 086
social contributions
-
-
-
6 583
income
-
-
-
45 539
surtax
-
-
-
-
total
-
-
-
106 138
Employee
40 562
-
175 420
-
pensions
4 586
-
13 591
-
surtax
-
-
-
-
social contributions
1 156
-
4 998
-
income
2 394
-
39 863
-
total
8 136
-
58 452
-
Employer
40 562
-
175 420
-
health
2 840
-
17 880
-
pensions
6 664
-
22 631
-
other
1 399
-
7 436
-
social contributions
122
-
527
-
unemployment
1 642
-
7 104
-
total
12 667
-
55 578
-
Corporate
177 771
231 000
-
-
surtax
-
-
-
-
income
49 776
64 680
-
-
total
49 776
64 680
-
-
Dividends
127 996
166 320
-
-
social contributions
22 016
28 607
-
-
surtax
-
-
-
-
withholding
16 383
21 289
-
-
total
38 399
49 896
-
-
Income
231 000
231 000
231 000
231 000
Total tax
108 978
114 576
114 030
106 138
After tax
122 022
116 424
116 970
124 862
Living cost
32 425
32 425
32 425
32 425
Free-cash
89 597
83 999
84 545
92 437

Estimated living cost  is ₽32425 per week

₽20446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽95649
₽87211
₽92478
₽87757
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 768
other
-
-
-
7 162
pensions
-
-
-
35 086
social contributions
-
-
-
6 583
income
-
-
-
45 539
surtax
-
-
-
-
total
-
-
-
106 138
Employee
36 207
-
175 420
-
pensions
4 095
-
13 591
-
surtax
-
-
-
-
social contributions
1 032
-
4 998
-
income
1 867
-
39 863
-
total
6 994
-
58 452
-
Employer
36 207
-
175 420
-
health
2 534
-
17 880
-
pensions
5 949
-
22 631
-
other
1 250
-
7 436
-
social contributions
108
-
527
-
unemployment
1 466
-
7 104
-
total
11 307
-
55 578
-
Corporate
183 486
231 000
-
-
surtax
-
-
-
-
income
51 376
64 680
-
-
total
51 376
64 680
-
-
Dividends
132 109
166 320
-
-
social contributions
22 722
28 607
-
-
surtax
-
-
-
-
withholding
16 910
21 289
-
-
total
39 632
49 896
-
-
Income
231 000
231 000
231 000
231 000
Total tax
109 309
114 576
114 030
106 138
After tax
121 691
116 424
116 970
124 862
Living cost
29 213
29 213
29 213
29 213
Free-cash
92 478
87 211
87 757
95 649

Estimated living cost  is ₽29213 per week

₽16942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2968
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.
₽8750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128250
₽120834
₽121326
₽121604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
16 124
social contributions
-
-
-
31 879
income
-
-
-
34 650
total
-
-
-
82 653
Employee
32 134
-
231 000
-
health
2 243
-
16 124
-
social contributions
4 435
-
31 879
-
income
5 360
-
41 296
-
total
12 038
-
89 299
-
Employer
32 134
-
231 000
-
total
-
-
-
-
Corporate
198 866
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%.

9 944
11 550
-
-
total
9 944
11 550
-
-
Dividends
188 922
219 450
-
-
social contributions
26 071
30 283
-
-
health
13 187
15 318
-
-
withholding
28 337
32 918
-
-
total
67 595
78 519
-
-
Income
231 000
231 000
231 000
231 000
Total tax
89 577
90 069
89 299
82 653
After tax
141 423
140 931
141 701
148 347
Living cost
20 097
20 097
20 097
20 097
Free-cash
121 326
120 834
121 604
128 250

Estimated living cost  is ₽20097 per week

₽13449
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.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84654
₽93805
₽92338
₽26757
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 469
pensions
-
-
-
20 483
unemployment
-
-
-
5 813
income
-
-
-
77 075
chamber of commerce
-
-
-
924
surtax
-
-
-
187
total
-
-
-
112 951
Employee
47 364
37 769
192 947
-
health
1 833
1 462
4 284
-
pensions
4 851
3 867
11 338
-
unemployment
1 421
1 133
3 322
-
income
5 392
2 786
65 405
-
other
473
378
1 108
-
total
13 970
9 626
85 457
-
Employer
47 364
37 769
192 947
-
payroll
1 421
1 133
5 788
-
health
1 790
1 428
4 185
-
surtax
187
187
187
-
accident
615
491
1 439
-
pensions
5 944
4 741
13 895
-
chamber of commerce
189
151
772
-
other
2 250
1 793
8 466
-
unemployment
1 421
1 133
3 322
-
total
13 817
11 057
38 054
-
Corporate
169 820
182 174
189 350
-
income

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

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

42 456
45 544
47 337
-
total
42 456
45 544
47 337
-
Dividends
127 364
136 630
-
-
withholding
35 024
37 573
-
-
total
35 024
37 573
-
-
Income
231 000
231 000
231 000
231 000
Total tax
105 267
103 800
170 848
112 951
After tax
125 733
127 200
60 152
118 049
Living cost
33 395
33 395
33 395
33 395
Free-cash
92 338
93 805
26 757
84 654

Estimated living cost  is ₽33395 per week

₽22273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66005
₽91216
₽80289
₽43197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 629
national
-
-
-
94 368
communal

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

-
-
-
12 442
total
-
-
-
130 439
Employee

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

67 792
-
178 917
-
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.

3 185
-
8 410
-
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.

5 084
-
13 419
-
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.

590
-
1 556
-
national
20 842
-
68 448
-
communal

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

3 536
-
9 332
-
total
33 237
-
101 165
-
Employer

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

67 792
-
178 917
-
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.

4 169
-
11 003
-
surtax
7 687
-
20 291
-
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.

881
-
2 325
-
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.

6 007
-
15 852
-
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.

989
-
2 611
-
total
19 733
-
52 082
-
Corporate
143 474
231 000
-
-
surtax
574
1 016
-
-
income
28 695
50 803
-
-
total
29 269
51 819
-
-
Dividends
114 205
179 181
-
-
withholding

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

33 916
53 409
-
-
total
33 916
53 409
-
-
Income
231 000
231 000
231 000
231 000
Total tax
116 155
105 228
153 247
130 439
After tax
114 845
125 772
77 753
100 561
Living cost
34 556
34 556
34 556
34 556
Free-cash
80 289
91 216
43 197
66 005

Estimated living cost  is ₽34556 per week

₽22258
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3022
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94693
₽118977
₽112484
₽90717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
791
other
-
-
-
88
pensions
-
-
-
24 859
unemployment
-
-
-
615
income
-
-
-
75 727
total
-
-
-
102 080
Employee
47 176
-
202 995
-
pensions
2 218
-
4 129
-
unemployment
732
-
1 361
-
other
47
-
88
-
income
9 954
-
72 474
-
total
12 951
-
78 052
-
Employer
47 176
-
202 995
-
accident
933
-
1 739
-
pensions
11 133
-
20 731
-
other
376
-
703
-
unemployment
2 595
-
4 831
-
total
15 037
-
28 004
-
Corporate
168 786
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.

25 318
34 650
-
-
total
25 318
34 650
-
-
Dividends
143 469
196 350
-
-
withholding
30 983
43 146
-
-
total
30 983
43 146
-
-
Income
231 000
231 000
231 000
231 000
Total tax
84 289
77 796
106 056
102 080
After tax
146 711
153 204
124 944
128 920
Living cost
34 227
34 227
34 227
34 227
Free-cash
112 484
118 977
90 717
94 693

Estimated living cost  is ₽34227 per week

₽25204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56255
₽77755
₽64718
₽64734
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 818
accident
-
-
-
1 897
pensions
-
-
-
33 746
communal
-
-
-
14 599
income
-
-
-
45 635
surtax
-
-
-
11 546
total
-
-
-
123 241
Employee
71 772
-
206 342
-
health
3 194
-
9 181
-
pensions
5 741
-
16 507
-
surtax
4 399
-
12 645
-
income
6 932
-
51 771
-
total
20 266
-
90 104
-
Employer
71 772
-
206 342
-
health
2 189
-
6 293
-
accident
646
-
1 858
-
pensions
5 741
-
16 507
-
total
8 576
-
24 658
-
Corporate
150 653
231 000
-
-
communal
10 169
15 593
-
-
surtax
1 583
2 426
-
-
income
22 598
34 650
-
-
total
34 350
52 669
-
-
Dividends
116 303
178 330
-
-
income
34 140
22 323
-
-
withholding
17 446
26 749
-
-
total
51 586
49 072
-
-
Income
231 000
231 000
231 000
231 000
Total tax
114 778
101 741
114 762
123 241
After tax
116 222
129 259
116 238
107 759
Living cost
51 504
51 504
51 504
51 504
Free-cash
64 718
77 755
64 734
56 255

Estimated living cost  is ₽51504 per week

₽38636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87179
₽124012
₽120998
₽81385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 980
other
-
-
-
-
pensions
-
-
-
25 298
unemployment
-
-
-
216
income
-
-
-
75 119
surtax
-
-
-
12 921
total
-
-
-
122 534
Employee
31 917
-
204 375
-
health
815
-
3 225
-
pensions
2 129
-
8 437
-
unemployment
2 221
-
8 804
-
surtax
113
-
11 787
-
income
5 351
-
69 450
-
other
-
-
-
-
total
10 629
-
101 703
-
Employer
31 917
-
204 375
-
health
1 451
-
5 755
-
pensions
4 255
-
16 861
-
other
-
-
-
-
unemployment
1 013
-
4 009
-
total
6 719
-
26 625
-
Corporate
192 364
231 000
-
-
income
50 015
60 060
-
-
total
50 015
60 060
-
-
Dividends
142 349
170 940
-
-
withholding
21 352
25 641
-
-
total
21 352
25 641
-
-
Income
231 000
231 000
231 000
231 000
Total tax
88 715
85 701
128 328
122 534
After tax
142 285
145 299
102 672
108 466
Living cost
21 287
21 287
21 287
21 287
Free-cash
120 998
124 012
81 385
87 179

Estimated living cost  is ₽21287 per week

₽12852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
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.
₽6092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86192
₽95890
₽93784
₽78199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 726
municipal
-
-
-
1 469
social contributions
-
-
-
47 434
national
-
-
-
66 649
total
-
-
-
119 278
Employee
52 573
-
231 000
-
regional
708
-
3 427
-
national
8 329
-
60 306
-
social contributions
17 728
-
62 187
-
municipal
279
-
1 351
-
total
27 044
-
127 271
-
Employer
52 573
-
231 000
-
total
-
-
-
-
Corporate
178 427
231 000
-
-
nationa
42 823
55 439
-
-
municipal
8 868
11 480
-
-
total
51 691
66 919
-
-
Dividends
126 736
164 081
-
-
withholding
32 951
42 661
-
-
total
32 951
42 661
-
-
Income
231 000
231 000
231 000
231 000
Total tax
111 686
109 580
127 271
119 278
After tax
119 314
121 420
103 729
111 722
Living cost
25 530
25 530
25 530
25 530
Free-cash
93 784
95 890
78 199
86 192

Estimated living cost  is ₽25530 per week

₽15877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108770
₽130172
₽119873
₽98477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
31 185
social contributions
-
-
-
33 714
solidarity contribution
-
-
-
3 545
income
-
-
-
24 915
total
-
-
-
93 359
Employee
42 458
-
185 445
-
health
5 732
-
25 035
-
solidarity contribution
-
-
2 621
-
social contributions
2 760
-
7 505
-
income
5 095
-
22 936
-
total
13 587
-
58 097
-
Employer
42 458
-
185 445
-
health
3 821
-
16 690
-
social contributions
10 614
-
28 865
-
total
14 435
-
45 555
-
Corporate
174 107
231 000
-
-
income
33 080
43 890
-
-
total
33 080
43 890
-
-
Dividends
141 026
187 110
-
-
withholding
21 154
28 067
-
-
total
21 154
28 067
-
-
Income
231 000
231 000
231 000
231 000
Total tax
82 256
71 957
103 652
93 359
After tax
148 744
159 043
127 348
137 641
Living cost
28 871
28 871
28 871
28 871
Free-cash
119 873
130 172
98 477
108 770

Estimated living cost  is ₽28871 per week

₽21470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88000
₽97065
₽96595
₽29961
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 469
pensions
-
-
-
20 483
unemployment
-
-
-
5 813
income
-
-
-
77 075
chamber of commerce
-
-
-
924
surtax
-
-
-
-
total
-
-
-
112 764
Employee
41 428
37 769
193 120
-
health
1 602
1 462
4 284
-
pensions
4 243
3 867
11 338
-
unemployment
1 243
1 133
3 322
-
income
3 691
2 786
65 491
-
other
414
378
1 108
-
total
11 193
9 626
85 543
-
Employer
41 428
37 769
193 120
-
payroll
1 243
1 133
5 793
-
health
1 567
1 428
4 185
-
surtax
-
-
-
-
accident
538
491
1 439
-
pensions
5 200
4 741
13 895
-
chamber of commerce
165
151
773
-
other
1 968
1 793
8 473
-
unemployment
1 243
1 133
3 322
-
total
11 924
10 870
37 880
-
Corporate
177 649
182 361
189 523
-
income

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

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

44 413
45 591
47 380
-
total
44 413
45 591
47 380
-
Dividends
133 237
136 770
-
-
withholding
36 639
37 612
-
-
total
36 639
37 612
-
-
Income
231 000
231 000
231 000
231 000
Total tax
104 169
103 699
170 803
112 764
After tax
126 831
127 301
60 197
118 236
Living cost
30 236
30 236
30 236
30 236
Free-cash
96 595
97 065
29 961
88 000

Estimated living cost  is ₽30236 per week

₽18138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽216537
₽207297
₽205018
₽172647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 192
-
231 000
-
income
3 039
-
46 200
-
total
3 039
-
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%.

215 808
231 000
-
-
total
-
-
-
-
Dividends
215 808
231 000
-
-
withholding
10 790
11 550
-
-
total
10 790
11 550
-
-
Income
231 000
231 000
231 000
231 000
Total tax
13 829
11 550
46 200
2 310
After tax
217 171
219 450
184 800
228 690
Living cost
12 153
12 153
12 153
12 153
Free-cash
205 018
207 297
172 647
216 537

Estimated living cost  is ₽12153 per week

₽8224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽510
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.
₽3011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79947
₽133624
₽125696
₽74933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
22 731
pensions
-
-
-
42 186
unemployment
-
-
-
347
income
-
-
-
60 368
total
-
-
-
125 632
Employee

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

41 909
-
199 877
-
health
2 707
-
12 912
-
pensions
6 496
-
30 981
-
unemployment
59
-
281
-
income
7 227
-
55 352
-
total
16 489
-
99 526
-
Employer

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

41 909
-
199 877
-
health
2 791
-
13 311
-
pensions
3 709
-
17 688
-
unemployment
25
-
121
-
total
6 525
-
31 120
-
Corporate
182 566
231 000
-
-
income
34 688
43 889
-
-
total
34 688
43 889
-
-
Dividends
147 878
187 111
-
-
withholding
22 181
28 066
-
-
total
22 181
28 066
-
-
Income
231 000
231 000
231 000
231 000
Total tax
79 883
71 955
130 646
125 632
After tax
151 117
159 045
100 354
105 368
Living cost
25 421
25 421
25 421
25 421
Free-cash
125 696
133 624
74 933
79 947

Estimated living cost  is ₽25421 per week

₽17446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1629
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116427
₽97328
₽49691
₽174613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 334
income
-
-
-
45 027
total
-
-
-
71 361
Employee
61 960
-
-
-
social contributions
5 081
-
724
-
income
13 667
-
-
-
total
18 748
-
724
-
Employer
61 960
-
-
-
social contributions
87 364
-
12 451
-
total
87 364
-
12 451
-
Corporate
81 676
231 000
-
-
income
17 969
50 820
-
-
total
17 969
50 820
-
-
Dividends
63 707
180 180
-
-
income
14 016
39 640
-
-
total
14 016
39 640
-
-
Income
231 000
231 000
231 000
231 000
Total tax
138 097
90 460
13 175
71 361
After tax
92 903
140 540
217 825
159 639
Living cost
43 212
43 212
43 212
43 212
Free-cash
49 691
97 328
174 613
116 427

Estimated living cost  is ₽43212 per week

₽28038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4064
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89873
₽101664
₽100709
₽71170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
80 273
income
-
-
-
31 126
surtax
-
-
-
-
total
-
-
-
111 399
Employee
43 589
-
186 667
-
surtax
-
-
556
-
social contributions
4 795
-
20 534
-
income
9 067
-
64 679
-
total
13 862
-
85 769
-
Employer
43 589
-
186 667
-
social contributions
10 352
-
44 333
-
total
10 352
-
44 333
-
Corporate
177 059
231 000
-
-
surtax
-
-
-
-
income
37 183
48 510
-
-
total
37 183
48 510
-
-
Dividends
139 877
182 490
-
-
withholding
39 166
51 098
-
-
total
39 166
51 098
-
-
Income
231 000
231 000
231 000
231 000
Total tax
100 563
99 608
130 102
111 399
After tax
130 437
131 392
100 898
119 601
Living cost
29 728
29 728
29 728
29 728
Free-cash
100 709
101 664
71 170
89 873

Estimated living cost  is ₽29728 per week

₽22242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79087
₽70649
₽77163
₽71195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 768
other
-
-
-
7 162
pensions
-
-
-
35 086
social contributions
-
-
-
6 583
income
-
-
-
45 539
surtax
-
-
-
-
total
-
-
-
106 138
Employee
59 359
-
175 420
-
pensions
6 714
-
13 591
-
surtax
-
-
-
-
social contributions
1 691
-
4 998
-
income
5 179
-
39 863
-
total
13 584
-
58 452
-
Employer
59 359
-
175 420
-
health
4 155
-
17 880
-
pensions
9 753
-
22 631
-
other
2 049
-
7 436
-
social contributions
178
-
527
-
unemployment
2 405
-
7 104
-
total
18 540
-
55 578
-
Corporate
153 102
231 000
-
-
surtax
-
-
-
-
income
42 869
64 680
-
-
total
42 869
64 680
-
-
Dividends
110 233
166 320
-
-
social contributions
18 960
28 607
-
-
surtax
-
-
-
-
withholding
14 109
21 289
-
-
total
33 069
49 896
-
-
Income
231 000
231 000
231 000
231 000
Total tax
108 062
114 576
114 030
106 138
After tax
122 938
116 424
116 970
124 862
Living cost
45 775
45 775
45 775
45 775
Free-cash
77 163
70 649
71 195
79 087

Estimated living cost  is ₽45775 per week

₽30979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139428
₽179411
₽176228
₽145566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 262
social contributions
-
-
-
50 821
total
-
-
-
63 083
Employee
30 469
-
200 001
-
social contributions
1 980
-
13 000
-
income
-
-
12 946
-
total
1 980
-
25 946
-
Employer
30 469
-
200 001
-
social contributions
4 723
-
30 999
-
total
4 723
-
30 999
-
Corporate
195 808
231 000
-
-
income
19 580
23 100
-
-
total
19 580
23 100
-
-
Dividends
176 228
207 900
-
-
total
-
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
26 283
23 100
56 945
63 083
After tax
204 717
207 900
174 055
167 917
Living cost
28 489
28 489
28 489
28 489
Free-cash
176 228
179 411
145 566
139 428

Estimated living cost  is ₽28489 per week

₽18420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2147
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.
₽7385
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86947
₽24809
₽13174
₽24809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
municipal
-
-
-
50 028
labour market
-
-
-
18 414
national
-
-
-
29 214
pensions
-
-
-
820
total
-
-
-
98 476
Employee
192 370
192 370
192 370
-
pensions
273
273
273
-
labour market
15 368
15 368
15 368
-
national
23 501
23 501
23 501
-
municipal
40 964
40 964
40 964
-
total
80 106
80 106
80 106
-
Employer
192 370
192 370
192 370
-
municipal
41 029
41 029
41 029
-
labour market
15 390
15 390
15 390
-
national
23 542
23 542
23 542
-
pensions
547
547
547
-
total
80 508
80 508
80 508
-
Corporate
24 808
-
-
-
income
5 458
-
-
-
total
5 458
-
-
-
Dividends
19 350
-
-
-
withholding
6 177
-
-
-
total
6 177
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
172 249
160 614
160 614
98 476
After tax
58 751
70 386
70 386
132 524
Living cost
45 577
45 577
45 577
45 577
Free-cash
13 174
24 809
24 809
86 947

Estimated living cost  is ₽45577 per week

₽31193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽701
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136974
-₽2002
₽15534
₽106963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 084
accident
-
-
-
241
other
-
-
-
354
pensions
-
-
-
3 976
income
-
-
-
66 658
total
-
-
-
73 313
Employee
32 583
-
211 748
-
health
3 731
-
24 245
-
pensions
3 669
-
7 291
-
income
4 470
-
52 536
-
total
11 870
-
84 072
-
Employer
32 583
-
211 748
-
accident
544
-
3 536
-
pensions
5 298
-
10 528
-
unemployment
798
-
5 188
-
total
6 640
-
19 252
-
Corporate
191 777
231 000
-
-
income

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

172 599
207 900
-
-
total
172 599
207 900
-
-
Dividends
19 178
23 100
-
-
withholding
3 644
4 389
-
-
total
3 644
4 389
-
-
Income
231 000
231 000
231 000
231 000
Total tax
194 753
212 289
103 324
73 313
After tax
36 247
18 711
127 676
157 687
Living cost
20 713
20 713
20 713
20 713
Free-cash
15 534
-2 002
106 963
136 974

Estimated living cost  is ₽20713 per week

₽15077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103297
₽104212
₽107314
₽76838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 162
municipal
-
-
-
41 012
national
-
-
-
47 143
total
-
-
-
91 317
Employee
49 863
-
194 330
-
health
372
-
2 597
-
pensions
3 365
-
13 117
-
unemployment
748
-
2 915
-
national
824
-
30 850
-
municipal
8 167
-
31 627
-
total
13 476
-
81 106
-
Employer
49 863
-
194 330
-
health
383
-
1 496
-
accident
50
-
194
-
pensions
8 651
-
33 717
-
unemployment
324
-
1 263
-
total
9 408
-
36 670
-
Corporate
171 729
231 000
-
-
income
34 346
46 200
-
-
total
34 346
46 200
-
-
Dividends

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

103 037
138 600
-
-
national
11 524
19 255
-
-
municipal
18 546
24 947
-
-
total
30 070
44 202
-
-
Income
231 000
231 000
231 000
231 000
Total tax
87 300
90 402
117 776
91 317
After tax
143 700
140 598
113 224
139 683
Living cost
36 386
36 386
36 386
36 386
Free-cash
107 314
104 212
76 838
103 297

Estimated living cost  is ₽36386 per week

₽23767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8541
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132739
₽146366
₽141209
₽130880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 890
social contributions
-
-
-
15 334
income
-
-
-
55 094
total
-
-
-
76 318
Employee
72 877
72 877
218 793
-
health
565
1 239
3 719
-
social contributions
2 755
6 048
8 158
-
income
7 935
6 746
54 094
-
total
11 255
14 033
65 971
-
Employer
72 877
72 877
218 793
-
health
613
1 349
4 048
-
social contributions
2 755
6 048
8 158
-
total
3 368
7 397
12 206
-
Corporate
194 433
150 726
-
-
income
24 303
18 841
-
-
total
24 303
18 841
-
-
Dividends
170 130
131 885
-
-
withholding
28 922
22 420
-
-
total
28 922
22 420
-
-
Income
231 000
231 000
231 000
231 000
Total tax
67 848
62 691
78 177
76 318
After tax
163 152
168 309
152 823
154 682
Living cost
21 943
21 943
21 943
21 943
Free-cash
141 209
146 366
130 880
132 739

Estimated living cost  is ₽21943 per week

₽13151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽182435
₽176243
₽171421
₽163426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 430
pensions
-
-
-
6 029
unemployment
-
-
-
27
income
-
-
-
24 032
total
-
-
-
33 518
Employee

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

21 754
-
221 738
-
health
1 849
-
7 644
-
pensions
3 263
-
13 489
-
unemployment
108
-
450
-
income
1 487
-
21 681
-
total
6 707
-
43 264
-
Employer

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

21 754
-
221 738
-
health
935
-
3 867
-
pensions
1 196
-
4 946
-
unemployment
108
-
450
-
total
2 239
-
9 263
-
Corporate
207 007
231 000
-
-
income
18 631
20 791
-
-
total
18 631
20 791
-
-
Dividends
188 376
210 209
-
-
withholding
16 955
18 919
-
-
total
16 955
18 919
-
-
Income
231 000
231 000
231 000
231 000
Total tax
44 532
39 710
52 527
33 518
After tax
186 468
191 290
178 473
197 482
Living cost
15 047
15 047
15 047
15 047
Free-cash
171 421
176 243
163 426
182 435

Estimated living cost  is ₽15047 per week

₽9600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1085
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3914
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102858
₽127142
₽122957
₽98882
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
791
other
-
-
-
88
pensions
-
-
-
24 859
unemployment
-
-
-
615
income
-
-
-
75 727
total
-
-
-
102 080
Employee
35 044
-
202 995
-
pensions
1 647
-
4 129
-
unemployment
543
-
1 361
-
other
34
-
88
-
income
6 756
-
72 474
-
total
8 980
-
78 052
-
Employer
35 044
-
202 995
-
accident
694
-
1 739
-
pensions
8 270
-
20 731
-
other
281
-
703
-
unemployment
1 928
-
4 831
-
total
11 173
-
28 004
-
Corporate
184 784
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.

27 717
34 650
-
-
total
27 717
34 650
-
-
Dividends
157 067
196 350
-
-
withholding
34 111
43 146
-
-
total
34 111
43 146
-
-
Income
231 000
231 000
231 000
231 000
Total tax
81 981
77 796
106 056
102 080
After tax
149 019
153 204
124 944
128 920
Living cost
26 062
26 062
26 062
26 062
Free-cash
122 957
127 142
98 882
102 858

Estimated living cost  is ₽26062 per week

₽17591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147334
₽142370
₽142078
₽147208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
938
pensions
-
-
-
1 294
income
-
-
-
79 660
total
-
-
-
81 892
Employee
2 702
-
229 544
-
health
135
-
323
-
pensions
243
-
582
-
unemployment
27
-
65
-
income
523
-
79 592
-
total
928
-
80 562
-
Employer
2 702
-
229 544
-
health
257
-
615
-
pensions
297
-
712
-
unemployment
54
-
129
-
total
608
-
1 456
-
Corporate
227 690
231 000
-
-
income
50 092
50 820
-
-
total
50 092
50 820
-
-
Dividends
177 598
180 180
-
-
withholding
35 520
36 036
-
-
total
35 520
36 036
-
-
Income
231 000
231 000
231 000
231 000
Total tax
87 148
86 856
82 018
81 892
After tax
143 852
144 144
148 982
149 108
Living cost
1 774
1 774
1 774
1 774
Free-cash
142 078
142 370
147 208
147 334

Estimated living cost  is ₽1774 per week

₽1054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽535
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134416
₽150539
₽145886
₽134418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 201
pensions
-
-
-
18 176
unemployment
-
-
-
1 049
income
-
-
-
53 799
total
-
-
-
80 225
Employee

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

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

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

24 668
-
218 486
-
health
1 270
-
3 600
-
pensions
3 454
-
9 787
-
unemployment
185
-
524
-
income
3 400
-
53 799
-
total
8 309
-
67 710
-
Employer

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

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

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

24 668
-
218 486
-
health
1 270
-
3 600
-
pensions
2 960
-
8 389
-
unemployment
185
-
524
-
total
4 415
-
12 513
-
Corporate
201 916
231 000
-
-
income
30 287
34 650
-
-
total
30 287
34 650
-
-
Dividends
171 629
196 350
-
-
withholding
25 744
29 452
-
-
total
25 744
29 452
-
-
Income
231 000
231 000
231 000
231 000
Total tax
68 755
64 102
80 223
80 225
After tax
162 245
166 898
150 777
150 775
Living cost
16 359
16 359
16 359
16 359
Free-cash
145 886
150 539
134 418
134 416

Estimated living cost  is ₽16359 per week

₽11014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1265
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.
₽3606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94051
₽105842
₽105503
₽75348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
80 273
income
-
-
-
31 126
surtax
-
-
-
-
total
-
-
-
111 399
Employee
36 784
-
186 667
-
surtax
-
-
556
-
social contributions
4 047
-
20 534
-
income
7 187
-
64 679
-
total
11 234
-
85 769
-
Employer
36 784
-
186 667
-
social contributions
8 735
-
44 333
-
total
8 735
-
44 333
-
Corporate
185 481
231 000
-
-
surtax
-
-
-
-
income
38 950
48 510
-
-
total
38 950
48 510
-
-
Dividends
146 530
182 490
-
-
withholding
41 028
51 098
-
-
total
41 028
51 098
-
-
Income
231 000
231 000
231 000
231 000
Total tax
99 947
99 608
130 102
111 399
After tax
131 053
131 392
100 898
119 601
Living cost
25 550
25 550
25 550
25 550
Free-cash
105 503
105 842
75 348
94 051

Estimated living cost  is ₽25550 per week

₽18097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1775
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95612
₽119896
₽113694
₽91636
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
791
other
-
-
-
88
pensions
-
-
-
24 859
unemployment
-
-
-
615
income
-
-
-
75 727
total
-
-
-
102 080
Employee
45 772
-
202 995
-
pensions
2 151
-
4 129
-
unemployment
709
-
1 361
-
other
45
-
88
-
income
9 560
-
72 474
-
total
12 465
-
78 052
-
Employer
45 772
-
202 995
-
accident
906
-
1 739
-
pensions
10 802
-
20 731
-
other
367
-
703
-
unemployment
2 518
-
4 831
-
total
14 593
-
28 004
-
Corporate
170 635
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.

25 595
34 650
-
-
total
25 595
34 650
-
-
Dividends
145 041
196 350
-
-
withholding
31 345
43 146
-
-
total
31 345
43 146
-
-
Income
231 000
231 000
231 000
231 000
Total tax
83 998
77 796
106 056
102 080
After tax
147 002
153 204
124 944
128 920
Living cost
33 308
33 308
33 308
33 308
Free-cash
113 694
119 896
91 636
95 612

Estimated living cost  is ₽33308 per week

₽23920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171318
₽181273
₽175522
₽181074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 790
pensions

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

-
-
-
4 878
unemployment
-
-
-
132
income
-
-
-
34 650
total
-
-
-
43 450
Employee
21 494
-
224 533
-
health
989
-
1 516
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

1 887
-
2 894
-
income
2 150
-
22 454
-
total
5 262
-
27 227
-
Employer
21 494
-
224 533
-
health
1 483
-
2 274
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

2 369
-
3 632
-
unemployment
129
-
198
-
total
4 217
-
6 467
-
Corporate
205 289
231 000
-
-
income
20 529
23 100
-
-
total
20 529
23 100
-
-
Dividends
184 760
207 900
-
-
withholding
9 238
10 395
-
-
total
9 238
10 395
-
-
Income
231 000
231 000
231 000
231 000
Total tax
39 246
33 495
33 694
43 450
After tax
191 754
197 505
197 306
187 550
Living cost
16 232
16 232
16 232
16 232
Free-cash
175 522
181 273
181 074
171 318

Estimated living cost  is ₽16232 per week

₽10736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78283
₽82190
₽94586
₽105108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 475
trade
-
-
-
26 825
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.

-
-
-
4 318
income

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

-
-
-
78 509
total
-
-
-
116 127
Employee

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

47 156
-
231 000
-
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.

6 475
-
6 475
-
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.

214
-
4 318
-
income

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

3 878
-
78 509
-
total
10 567
-
89 302
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
183 844
231 000
-
-
trade
26 382
33 148
-
-
chamber of commerce
414
482
-
-
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.

1 516
1 906
-
-
income
27 577
34 650
-
-
total
55 889
70 186
-
-
Dividends
127 955
160 813
-
-
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.

1 739
2 191
-
-
withholding
31 629
39 843
-
-
total
33 368
42 034
-
-
Income
231 000
231 000
231 000
231 000
Total tax
99 824
112 220
89 302
116 127
After tax
131 176
118 780
141 698
114 873
Living cost
36 590
36 590
36 590
36 590
Free-cash
94 586
82 190
105 108
78 283

Estimated living cost  is ₽36590 per week

₽25240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60254
₽107713
₽109807
₽60254
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 735
social contributions
-
-
-
40 024
total
-
-
-
116 759
Employee
74 134
-
231 000
-
social contributions
6 159
-
40 024
-
income
13 989
-
76 735
-
total
20 148
-
116 759
-
Employer
74 134
-
231 000
-
total
-
-
-
-
Corporate
156 866
231 000
-
-
income
19 607
28 875
-
-
total
19 607
28 875
-
-
Dividends
137 258
202 125
-
-
withholding
27 451
40 425
-
-
total
27 451
40 425
-
-
Income
231 000
231 000
231 000
231 000
Total tax
67 206
69 300
116 759
116 759
After tax
163 794
161 700
114 241
114 241
Living cost
53 987
53 987
53 987
53 987
Free-cash
109 807
107 713
60 254
60 254

Estimated living cost  is ₽53987 per week

₽41073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4399
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.
₽8000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156060
₽110740
₽114052
₽125933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 887
total
-
-
-
40 537
Employee
43 477
-
226 640
-
social contributions
4 356
-
4 360
-
income
4 718
-
61 944
-
total
9 074
-
66 304
-
Employer
43 477
-
226 640
-
social contributions
4 356
-
4 360
-
total
4 356
-
4 360
-
Corporate
183 167
231 000
-
-
income
64 108
80 850
-
-
total
64 108
80 850
-
-
Dividends
119 059
150 150
-
-
social contributions
5 007
5 007
-
-
total
5 007
5 007
-
-
Income
231 000
231 000
231 000
231 000
Total tax
82 545
85 857
70 664
40 537
After tax
148 455
145 143
160 336
190 463
Living cost
34 403
34 403
34 403
34 403
Free-cash
114 052
110 740
125 933
156 060

Estimated living cost  is ₽34403 per week

₽22661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113219
₽109138
₽114737
₽92666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 796
income
-
-
-
72 865
total
-
-
-
82 661
Employee
48 207
-
201 194
-
health
629
-
2 666
-
pensions
3 679
-
11 578
-
income
8 779
-
59 164
-
total
13 087
-
73 408
-
Employer
48 207
-
201 194
-
health
916
-
3 823
-
pensions
4 870
-
25 983
-
total
5 786
-
29 806
-
Corporate
177 007
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.

33 631
43 890
-
-
total
33 631
43 890
-
-
Dividends
143 376
187 110
-
-
withholding
28 639
42 852
-
-
total
28 639
42 852
-
-
Income
231 000
231 000
231 000
231 000
Total tax
81 143
86 742
103 214
82 661
After tax
149 857
144 258
127 786
148 339
Living cost
35 120
35 120
35 120
35 120
Free-cash
114 737
109 138
92 666
113 219

Estimated living cost  is ₽35120 per week

₽24092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽134923
-₽4053
₽15219
₽104912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 084
accident
-
-
-
241
other
-
-
-
354
pensions
-
-
-
3 976
income
-
-
-
66 658
total
-
-
-
73 313
Employee
35 808
-
211 748
-
health
4 100
-
24 245
-
pensions
4 032
-
7 291
-
income
4 913
-
52 536
-
total
13 045
-
84 072
-
Employer
35 808
-
211 748
-
accident
598
-
3 536
-
pensions
5 822
-
10 528
-
unemployment
877
-
5 188
-
total
7 297
-
19 252
-
Corporate
187 895
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.

169 105
207 900
-
-
total
169 105
207 900
-
-
Dividends
18 789
23 100
-
-
withholding
3 570
4 389
-
-
total
3 570
4 389
-
-
Income
231 000
231 000
231 000
231 000
Total tax
193 017
212 289
103 324
73 313
After tax
37 983
18 711
127 676
157 687
Living cost
22 764
22 764
22 764
22 764
Free-cash
15 219
-4 053
104 912
134 923

Estimated living cost  is ₽22764 per week

₽16706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137518
₽163927
₽161062
₽158336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health insurance
-
-
-
11 204
work injury
-
-
-
757
pensions
-
-
-
27 858
unemployment
-
-
-
1 817
income
-
-
-
39 058
total
-
-
-
80 694
Employee

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

20 461
-
231 000
-
pensions
3 765
-
13 929
-
work injury
102
-
379
-
unemployment
246
-
908
-
health insurance
1 514
-
5 602
-
income
2 046
-
39 058
-
total
7 673
-
59 876
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
210 539
231 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

21 054
23 100
-
-
total
21 054
23 100
-
-
Dividends
189 485
207 900
-
-
withholding
28 423
31 185
-
-
total
28 423
31 185
-
-
Income
231 000
231 000
231 000
231 000
Total tax
57 150
54 285
59 876
80 694
After tax
173 850
176 715
171 124
150 306
Living cost
12 788
12 788
12 788
12 788
Free-cash
161 062
163 927
158 336
137 518

Estimated living cost  is ₽12788 per week

₽7922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71712
₽83919
₽79609
₽63926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
5 796
municipal
-
-
-
1 653
social contributions
-
-
-
47 434
national
-
-
-
66 649
total
-
-
-
121 532
Employee
79 863
-
231 000
-
regional
1 206
-
5 305
-
national
13 496
-
60 306
-
social contributions
26 929
-
62 187
-
municipal
477
-
1 520
-
total
42 108
-
129 318
-
Employer
79 863
-
231 000
-
total
-
-
-
-
Corporate
151 137
231 000
-
-
nationa
36 272
55 439
-
-
municipal
7 284
11 135
-
-
total
43 556
66 574
-
-
Dividends
107 581
164 426
-
-
withholding
27 971
42 751
-
-
total
27 971
42 751
-
-
Income
231 000
231 000
231 000
231 000
Total tax
113 635
109 325
129 318
121 532
After tax
117 365
121 675
101 682
109 468
Living cost
37 756
37 756
37 756
37 756
Free-cash
79 609
83 919
63 926
71 712

Estimated living cost  is ₽37756 per week

₽26521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8066
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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