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
₽98209
₽87746
₽113018
₽83563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
trade
-
-
-
29 455
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.

-
-
-
78 540
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.

-
-
-
6 464
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.

-
-
-
4 320
total
-
-
-
118 779
Employee

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

36 188
-
231 000
-
surtax

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

56
-
4 320
-
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.

6 464
-
6 464
-
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.

1 011
-
78 540
-
total
7 531
-
89 324
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 812
231 000
-
-
trade
30 683
36 382
-
-
income
29 221
34 649
-
-
surtax

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

1 607
1 905
-
-
chamber of commerce
424
476
-
-
total
61 935
73 412
-
-
Dividends
132 877
157 588
-
-
withholding
32 859
39 037
-
-
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
-
-
total
34 667
41 184
-
-
Income
231 000
231 000
231 000
231 000
Total tax
104 133
114 596
89 324
118 779
After tax
126 867
116 404
141 676
112 221
Living cost
28 658
28 658
28 658
28 658
Free-cash
98 209
87 746
113 018
83 563

Estimated living cost  is ₽28658 per week

₽18027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94887
₽95693
₽83221
₽81982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
social contributions
-
-
-
2 483
pensions
-
-
-
27 720
municipal
-
-
-
25 750
national
-
-
-
44 614
total
-
-
-
100 567
Employee
75 108
-
199 697
-
national
14 376
-
46 573
-
municipal
9 277
-
26 644
-
pensions
3 004
-
7 988
-
total
26 657
-
81 205
-
Employer
75 108
-
199 697
-
pensions
6 009
-
15 976
-
social contributions
807
-
2 147
-
total
6 816
-
18 123
-
Corporate
144 119
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%.

28 824
46 200
-
-
total
28 824
46 200
-
-
Dividends
115 295
184 800
-
-
withholding
25 365
40 656
-
-
total
25 365
40 656
-
-
Income
231 000
231 000
231 000
231 000
Total tax
87 662
86 856
99 328
100 567
After tax
143 338
144 144
131 672
130 433
Living cost
48 451
48 451
48 451
48 451
Free-cash
94 887
95 693
83 221
81 982

Estimated living cost  is ₽48451 per week

₽32932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽725
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽157355
₽165116
₽81706
₽65559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
36 251
income
-
-
-
50 602
microenterprise
-
-
-
-
surtax
-
-
-
58 904
total
-
-
-
145 757
Employee
27 647
-
183 635
-
surtax
-
-
26 627
-
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.

3 042
-
12 403
-
income
4 921
-
43 217
-
total
7 963
-
82 247
-
Employer
27 647
-
183 635
-
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.

6 659
-
27 164
-
surtax
-
-
20 199
-
total
6 659
-
47 363
-
Corporate
196 694
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%.

39 339
46 200
-
-
total
39 339
46 200
-
-
Dividends

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

157 355
184 800
-
-
total
-
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
53 961
46 200
129 610
145 757
After tax
177 039
184 800
101 390
85 243
Living cost
19 684
19 684
19 684
19 684
Free-cash
157 355
165 116
81 706
65 559

Estimated living cost  is ₽19684 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69895
₽75693
₽108068
₽83420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
85 193
pensions
-
-
-
11 085
health
-
-
-
11 667
total
-
-
-
107 945
Employee
80 797
80 797
213 417
-
health
12 401
10 548
11 667
-
pensions
14 543
11 085
11 085
-
income

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

13 225
13 225
42 962
-
total
40 169
34 858
65 714
-
Employer
80 797
80 797
213 417
-
pensions
5 623
5 623
6 990
-
unemployment
2 909
2 909
3 614
-
health
5 616
5 616
6 979
-
total
14 148
14 148
17 583
-
Corporate
137 046
136 055
-
-
income
27 410
27 211
-
-
total
27 410
27 211
-
-
Dividends
109 636
108 844
-
-
withholding
16 445
16 326
-
-
income
23 298
23 129
-
-
total
39 743
39 455
-
-
Income
231 000
231 000
231 000
231 000
Total tax
121 470
115 672
83 297
107 945
After tax
109 530
115 328
147 703
123 055
Living cost
39 635
39 635
39 635
39 635
Free-cash
69 895
75 693
108 068
83 420

Estimated living cost  is ₽39635 per week

₽28089
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86352
₽87225
₽75117
₽76060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
other
-
-
-
9 907
unemployment
-
-
-
85
pensions
-
-
-
9 216
municipal
-
-
-
61 519
accident
-
-
-
170
national
-
-
-
29 822
health
-
-
-
5 320
total
-
-
-
116 039
Employee
55 430
-
204 212
-
national
-
-
29 299
-
municipal
16 529
-
60 896
-
total
16 529
-
90 195
-
Employer
55 430
-
204 212
-
other
6 441
-
9 907
-
accident
111
-
170
-
pensions
5 992
-
9 216
-
unemployment
1 463
-
2 251
-
health
3 409
-
5 243
-
total
17 416
-
26 787
-
Corporate
158 154
231 000
-
-
income
34 794
50 820
-
-
total
34 794
50 820
-
-
Dividends
123 360
180 180
-
-
withholding
37 008
54 054
-
-
total
37 008
54 054
-
-
Income
231 000
231 000
231 000
231 000
Total tax
105 747
104 874
116 982
116 039
After tax
125 253
126 126
114 018
114 961
Living cost
38 901
38 901
38 901
38 901
Free-cash
86 352
87 225
75 117
76 060

Estimated living cost  is ₽38901 per week

₽25782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3817
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽91340
₽78049
₽104508
₽73744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
trade
-
-
-
30 764
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.

-
-
-
78 540
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.

-
-
-
6 464
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.

-
-
-
4 320
total
-
-
-
120 088
Employee

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

47 981
-
231 000
-
surtax

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

226
-
4 320
-
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.

6 464
-
6 464
-
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.

4 122
-
78 540
-
total
10 812
-
89 324
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
183 019
231 000
-
-
trade
30 107
38 000
-
-
income
27 453
34 649
-
-
surtax

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

1 510
1 905
-
-
chamber of commerce
404
472
-
-
total
59 474
75 026
-
-
Dividends
123 546
155 974
-
-
withholding
30 527
38 633
-
-
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.

1 679
2 124
-
-
total
32 206
40 757
-
-
Income
231 000
231 000
231 000
231 000
Total tax
102 492
115 783
89 324
120 088
After tax
128 508
115 217
141 676
110 912
Living cost
37 168
37 168
37 168
37 168
Free-cash
91 340
78 049
104 508
73 744

Estimated living cost  is ₽37168 per week

₽24858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133696
₽137619
₽122121
₽123979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 308
income
-
-
-
55 134
health
-
-
-
5 891
total
-
-
-
76 333
Employee
72 754
72 754
218 807
-
health
724
1 237
3 720
-
social contributions
3 535
6 038
8 144
-
income
7 640
6 735
54 134
-
total
11 899
14 010
65 998
-
Employer
72 754
72 754
218 807
-
social contributions
3 535
6 038
8 144
-
health
788
1 347
4 049
-
total
4 323
7 385
12 193
-
Corporate
184 090
150 861
-
-
income
23 011
18 858
-
-
total
23 011
18 858
-
-
Dividends
161 079
132 004
-
-
withholding
27 383
22 440
-
-
total
27 383
22 440
-
-
Income
231 000
231 000
231 000
231 000
Total tax
66 616
62 693
78 191
76 333
After tax
164 384
168 307
152 809
154 667
Living cost
30 688
30 688
30 688
30 688
Free-cash
133 696
137 619
122 121
123 979

Estimated living cost  is ₽30688 per week

₽20978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112409
₽112042
₽116318
₽142432
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
unemployment
-
-
-
3 465
income
-
-
-
28 240
pensions
-
-
-
23 100
health
-
-
-
16 170
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.

25 396
10 107
193 305
-
unemployment
381
152
2 900
-
health
1 778
708
13 531
-
pensions
2 540
1 011
19 331
-
income
3 105
1 236
23 632
-
total
7 804
3 107
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.

25 396
10 107
193 305
-
pensions
4 952
1 971
37 695
-
total
4 952
1 971
37 695
-
Corporate
200 651
218 922
-
-
income
18 059
19 703
-
-
total
18 059
19 703
-
-
Dividends
182 593
199 219
-
-
withholding
34 693
37 852
-
-
social contributions
35 490
38 732
-
-
total
70 183
76 584
-
-
Income
231 000
231 000
231 000
231 000
Total tax
100 998
101 365
97 089
70 975
After tax
130 002
129 635
133 911
160 025
Living cost
17 593
17 593
17 593
17 593
Free-cash
112 409
112 042
116 318
142 432

Estimated living cost  is ₽17593 per week

₽12006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156069
₽161947
₽110291
₽100964
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
30 954
pensions
-
-
-
46 200
health
-
-
-
30 029
total
-
-
-
107 183
Employee
26 841
-
172 647
-
unemployment
429
-
2 763
-
pensions
537
-
3 453
-
income
3 022
-
33 286
-
total
3 988
-
39 502
-
Employer
26 841
-
172 647
-
pensions
5 368
-
34 529
-
unemployment
215
-
1 381
-
health
3 489
-
22 444
-
total
9 072
-
58 354
-
Corporate
195 087
231 000
-
-
income
39 018
46 200
-
-
total
39 018
46 200
-
-
Dividends
156 069
184 800
-
-
total
-
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
52 078
46 200
97 856
107 183
After tax
178 922
184 800
133 144
123 817
Living cost
22 853
22 853
22 853
22 853
Free-cash
156 069
161 947
110 291
100 964

Estimated living cost  is ₽22853 per week

₽15675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1361
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.
₽5358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15452
-₽2530
₽106375
₽136451
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
other
-
-
-
358
income
-
-
-
66 583
pensions
-
-
-
4 017
accident
-
-
-
244
health
-
-
-
2 106
total
-
-
-
73 308
Employee
33 413
-
211 644
-
health
3 826
-
24 233
-
pensions
3 762
-
7 366
-
income
4 584
-
52 429
-
total
12 172
-
84 028
-
Employer
33 413
-
211 644
-
accident
558
-
3 534
-
pensions
5 433
-
10 637
-
unemployment
819
-
5 185
-
total
6 810
-
19 356
-
Corporate
190 778
231 000
-
-
income

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

171 700
207 900
-
-
total
171 700
207 900
-
-
Dividends
19 078
23 100
-
-
withholding
3 625
4 389
-
-
total
3 625
4 389
-
-
Income
231 000
231 000
231 000
231 000
Total tax
194 307
212 289
103 384
73 308
After tax
36 693
18 711
127 616
157 692
Living cost
21 241
21 241
21 241
21 241
Free-cash
15 452
-2 530
106 375
136 451

Estimated living cost  is ₽21241 per week

₽15568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽210296
₽211741
₽177091
₽220981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 636
-
231 000
-
income
1 927
-
46 200
-
total
1 927
-
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%.

221 364
231 000
-
-
total
-
-
-
-
Dividends
221 364
231 000
-
-
withholding
11 068
11 550
-
-
total
11 068
11 550
-
-
Income
231 000
231 000
231 000
231 000
Total tax
12 995
11 550
46 200
2 310
After tax
218 005
219 450
184 800
228 690
Living cost
7 709
7 709
7 709
7 709
Free-cash
210 296
211 741
177 091
220 981

Estimated living cost  is ₽7709 per week

₽4777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽212
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2079
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138116
₽144504
₽114403
₽116271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
other
-
-
-
6 834
income
-
-
-
41 822
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.

-
-
-
34 531
health
-
-
-
6 331
total
-
-
-
89 518
Employee
34 353
-
194 340
-
unemployment
343
-
1 438
-
health
481
-
2 015
-
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.

2 404
-
10 071
-
income
5 914
-
41 201
-
total
9 142
-
54 725
-
Employer
34 353
-
194 340
-
other
1 718
-
7 193
-
accident
275
-
1 555
-
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.

5 841
-
24 460
-
unemployment
343
-
1 438
-
health
481
-
2 015
-
total
8 658
-
36 661
-
Corporate
187 989
231 000
-
-
income
39 477
48 510
-
-
total
39 477
48 510
-
-
Dividends
148 512
182 490
-
-
withholding
10 396
12 775
-
-
total
10 396
12 775
-
-
Income
231 000
231 000
231 000
231 000
Total tax
67 673
61 285
91 386
89 518
After tax
163 327
169 715
139 614
141 482
Living cost
25 211
25 211
25 211
25 211
Free-cash
138 116
144 504
114 403
116 271

Estimated living cost  is ₽25211 per week

₽17813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1702
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.
₽5289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89263
₽81774
₽65411
₽85946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
73 158
pensions
-
-
-
9 709
total
-
-
-
82 867
Employee
87 985
-
201 170
-
health
1 450
-
2 656
-
pensions
8 488
-
11 452
-
income
15 860
-
59 466
-
total
25 798
-
73 574
-
Employer
87 985
-
201 170
-
pensions
10 389
-
26 007
-
health
1 671
-
3 821
-
total
12 060
-
29 828
-
Corporate
130 955
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.

24 881
43 891
-
-
total
24 881
43 891
-
-
Dividends
106 074
187 109
-
-
withholding
16 811
43 148
-
-
total
16 811
43 148
-
-
Income
231 000
231 000
231 000
231 000
Total tax
79 550
87 039
103 402
82 867
After tax
151 450
143 961
127 598
148 133
Living cost
62 187
62 187
62 187
62 187
Free-cash
89 263
81 774
65 411
85 946

Estimated living cost  is ₽62187 per week

₽46598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽180715
₽185107
₽184888
₽175134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
unemployment
-
-
-
132
income
-
-
-
34 650
pensions

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

-
-
-
4 888
health
-
-
-
3 798
total
-
-
-
43 468
Employee
16 416
-
224 520
-
accident

We are using the highest rate at 1.1%.

181
-
363
-
health
755
-
1 519
-
pensions

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

1 441
-
2 900
-
income
1 641
-
22 452
-
total
4 018
-
27 234
-
Employer
16 416
-
224 520
-
accident

We are using the highest rate at 1.1%.

181
-
363
-
pensions

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

1 809
-
3 640
-
unemployment
98
-
198
-
health
1 133
-
2 279
-
total
3 221
-
6 480
-
Corporate
211 362
231 000
-
-
income
21 136
23 100
-
-
total
21 136
23 100
-
-
Dividends
190 226
207 900
-
-
withholding
9 512
10 395
-
-
total
9 512
10 395
-
-
Income
231 000
231 000
231 000
231 000
Total tax
37 887
33 495
33 714
43 468
After tax
193 113
197 505
197 286
187 532
Living cost
12 398
12 398
12 398
12 398
Free-cash
180 715
185 107
184 888
175 134

Estimated living cost  is ₽12398 per week

₽7238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽885
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.
₽3946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65241
₽62863
₽95238
₽70590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
85 193
pensions
-
-
-
11 085
health
-
-
-
11 667
total
-
-
-
107 945
Employee
87 719
80 797
213 417
-
health
10 943
10 548
11 667
-
pensions
11 085
11 085
11 085
-
income

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

13 225
13 225
42 962
-
total
35 253
34 858
65 714
-
Employer
87 719
80 797
213 417
-
pensions
6 105
5 623
6 990
-
unemployment
3 158
2 909
3 614
-
health
6 096
5 616
6 979
-
total
15 359
14 148
17 583
-
Corporate
127 922
136 055
-
-
income
25 584
27 211
-
-
total
25 584
27 211
-
-
Dividends
102 338
108 844
-
-
withholding
15 351
16 326
-
-
income
21 747
23 129
-
-
total
37 098
39 455
-
-
Income
231 000
231 000
231 000
231 000
Total tax
113 294
115 672
83 297
107 945
After tax
117 706
115 328
147 703
123 055
Living cost
52 465
52 465
52 465
52 465
Free-cash
65 241
62 863
95 238
70 590

Estimated living cost  is ₽52465 per week

₽38702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127153
₽135538
₽103793
₽114077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 823
income
-
-
-
24 899
health
-
-
-
31 185
solidarity contribution
-
-
-
3 511
total
-
-
-
93 418
Employee
34 566
-
185 360
-
solidarity contribution
-
-
2 588
-
health
4 666
-
25 024
-
social contributions
2 247
-
7 529
-
income
4 148
-
22 921
-
total
11 061
-
58 062
-
Employer
34 566
-
185 360
-
social contributions
8 642
-
28 958
-
health
3 111
-
16 682
-
total
11 753
-
45 640
-
Corporate
184 682
231 000
-
-
income
35 089
43 890
-
-
total
35 089
43 890
-
-
Dividends
149 592
187 110
-
-
withholding
22 439
28 067
-
-
total
22 439
28 067
-
-
Income
231 000
231 000
231 000
231 000
Total tax
80 342
71 957
103 702
93 418
After tax
150 658
159 043
127 298
137 582
Living cost
23 505
23 505
23 505
23 505
Free-cash
127 153
135 538
103 793
114 077

Estimated living cost  is ₽23505 per week

₽16327
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
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.
₽5044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78384
₽83322
₽64520
₽72541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 008
social contributions
-
-
-
47 354
municipal
-
-
-
1 469
national
-
-
-
66 704
total
-
-
-
118 535
Employee
84 087
-
231 000
-
national
14 570
-
60 371
-
regional
793
-
2 751
-
municipal
445
-
1 352
-
social contributions
28 354
-
62 082
-
total
44 162
-
126 556
-
Employer
84 087
-
231 000
-
total
-
-
-
-
Corporate
146 913
231 000
-
-
nationa
35 260
55 441
-
-
municipal
5 729
9 010
-
-
total
40 989
64 451
-
-
Dividends
105 924
166 549
-
-
withholding
27 541
43 303
-
-
total
27 541
43 303
-
-
Income
231 000
231 000
231 000
231 000
Total tax
112 692
107 754
126 556
118 535
After tax
118 308
123 246
104 444
112 465
Living cost
39 924
39 924
39 924
39 924
Free-cash
78 384
83 322
64 520
72 541

Estimated living cost  is ₽39924 per week

₽27830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121478
₽124420
₽81799
₽87584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
other
-
-
-
-
unemployment
-
-
-
215
income
-
-
-
75 168
pensions
-
-
-
25 255
health
-
-
-
8 965
surtax
-
-
-
12 935
total
-
-
-
122 538
Employee
31 288
-
204 420
-
surtax
102
-
11 803
-
unemployment
2 178
-
8 789
-
other
-
-
-
-
health
799
-
3 219
-
pensions
2 086
-
8 423
-
income
5 245
-
69 508
-
total
10 410
-
101 742
-
Employer
31 288
-
204 420
-
other
-
-
-
-
pensions
4 171
-
16 833
-
unemployment
991
-
4 002
-
health
1 424
-
5 746
-
total
6 586
-
26 581
-
Corporate
193 126
231 000
-
-
income
50 212
60 061
-
-
total
50 212
60 061
-
-
Dividends
142 913
170 939
-
-
withholding
21 436
25 641
-
-
total
21 436
25 641
-
-
Income
231 000
231 000
231 000
231 000
Total tax
88 644
85 702
128 323
122 538
After tax
142 356
145 298
102 677
108 462
Living cost
20 878
20 878
20 878
20 878
Free-cash
121 478
124 420
81 799
87 584

Estimated living cost  is ₽20878 per week

₽12766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5704
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107619
₽101476
₽85113
₽105648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
73 158
pensions
-
-
-
9 709
total
-
-
-
82 867
Employee
58 965
-
201 170
-
health
856
-
2 656
-
pensions
5 005
-
11 452
-
income
10 620
-
59 466
-
total
16 481
-
73 574
-
Employer
58 965
-
201 170
-
pensions
6 383
-
26 007
-
health
1 120
-
3 821
-
total
7 503
-
29 828
-
Corporate
164 531
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.

31 262
43 891
-
-
total
31 262
43 891
-
-
Dividends
133 270
187 109
-
-
withholding
25 650
43 148
-
-
total
25 650
43 148
-
-
Income
231 000
231 000
231 000
231 000
Total tax
80 896
87 039
103 402
82 867
After tax
150 104
143 961
127 598
148 133
Living cost
42 485
42 485
42 485
42 485
Free-cash
107 619
101 476
85 113
105 648

Estimated living cost  is ₽42485 per week

₽31829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3184
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽62884
₽30919
₽99935
₽107731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
other

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

-
-
-
4 621
city
-
-
-
2 435
regional
-
-
-
13 248
pensions
-
-
-
21 251
national
-
-
-
6 483
health
-
-
-
520
total
-
-
-
48 558
Employee
87 431
-
208 193
-
national
414
-
5 361
-
unemployment
-
-
-
-
city
938
-
2 257
-
regional
2 863
-
11 872
-
health
198
-
468
-
pensions
7 345
-
15 882
-
total
11 758
-
35 840
-
Employer
87 431
-
208 193
-
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.

1 748
-
4 164
-
pensions
7 345
-
15 882
-
unemployment
-
-
-
-
health
198
-
468
-
total
9 291
-
20 514
-
Corporate
133 317
231 000
-
-
regional
28 197
48 856
-
-
national
11 333
19 636
-
-
total
39 530
68 492
-
-
Dividends
93 787
162 509
-
-
withholding
32 826
56 878
-
-
total
32 826
56 878
-
-
Income
231 000
231 000
231 000
231 000
Total tax
93 405
125 370
56 354
48 558
After tax
137 595
105 630
174 646
182 442
Living cost
74 711
74 711
74 711
74 711
Free-cash
62 884
30 919
99 935
107 731

Estimated living cost  is ₽74711 per week

₽48583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽917
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽86026
₽70683
₽98333
₽66260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
trade
-
-
-
32 073
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.

-
-
-
78 540
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.

-
-
-
6 464
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.

-
-
-
4 320
total
-
-
-
121 397
Employee

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

56 861
-
231 000
-
surtax

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

368
-
4 320
-
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.

6 464
-
6 464
-
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.

6 686
-
78 540
-
total
13 518
-
89 324
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
174 139
231 000
-
-
trade
29 864
39 617
-
-
income
26 121
34 649
-
-
surtax

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

1 436
1 905
-
-
chamber of commerce
390
469
-
-
total
57 811
76 640
-
-
Dividends
116 328
154 360
-
-
withholding
28 722
38 231
-
-
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.

1 580
2 103
-
-
total
30 302
40 334
-
-
Income
231 000
231 000
231 000
231 000
Total tax
101 631
116 974
89 324
121 397
After tax
129 369
114 026
141 676
109 603
Living cost
43 343
43 343
43 343
43 343
Free-cash
86 026
70 683
98 333
66 260

Estimated living cost  is ₽43343 per week

₽31656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7658
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89643
₽84054
₽84543
₽92461
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
other
-
-
-
7 160
social contributions
-
-
-
6 582
income
-
-
-
45 590
pensions
-
-
-
35 059
health
-
-
-
11 777
surtax
-
-
-
-
total
-
-
-
106 168
Employee
40 493
-
175 407
-
surtax
-
-
-
-
pensions
4 578
-
13 595
-
social contributions
1 154
-
4 999
-
income
2 390
-
39 898
-
total
8 122
-
58 492
-
Employer
40 493
-
175 407
-
other
1 397
-
7 439
-
pensions
6 652
-
22 638
-
unemployment
1 639
-
7 105
-
social contributions
122
-
526
-
health
2 835
-
17 886
-
total
12 645
-
55 594
-
Corporate
177 861
231 000
-
-
income
49 801
64 680
-
-
surtax
-
-
-
-
total
49 801
64 680
-
-
Dividends
128 060
166 320
-
-
withholding
16 391
21 289
-
-
social contributions
22 027
28 606
-
-
surtax
-
-
-
-
total
38 418
49 895
-
-
Income
231 000
231 000
231 000
231 000
Total tax
108 986
114 575
114 086
106 168
After tax
122 014
116 425
116 914
124 832
Living cost
32 371
32 371
32 371
32 371
Free-cash
89 643
84 054
84 543
92 461

Estimated living cost  is ₽32371 per week

₽20411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
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.
₽8778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92517
₽87262
₽87751
₽95669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
other
-
-
-
7 160
social contributions
-
-
-
6 582
income
-
-
-
45 590
pensions
-
-
-
35 059
health
-
-
-
11 777
surtax
-
-
-
-
total
-
-
-
106 168
Employee
36 146
-
175 407
-
surtax
-
-
-
-
pensions
4 088
-
13 595
-
social contributions
1 031
-
4 999
-
income
1 864
-
39 898
-
total
6 983
-
58 492
-
Employer
36 146
-
175 407
-
other
1 248
-
7 439
-
pensions
5 939
-
22 638
-
unemployment
1 463
-
7 105
-
social contributions
108
-
526
-
health
2 530
-
17 886
-
total
11 288
-
55 594
-
Corporate
183 566
231 000
-
-
income
51 399
64 680
-
-
surtax
-
-
-
-
total
51 399
64 680
-
-
Dividends
132 167
166 320
-
-
withholding
16 917
21 289
-
-
social contributions
22 733
28 606
-
-
surtax
-
-
-
-
total
39 650
49 895
-
-
Income
231 000
231 000
231 000
231 000
Total tax
109 320
114 575
114 086
106 168
After tax
121 680
116 425
116 914
124 832
Living cost
29 163
29 163
29 163
29 163
Free-cash
92 517
87 262
87 751
95 669

Estimated living cost  is ₽29163 per week

₽16913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Marseille model

Close
Vilnius , Lithuania
₽121358
₽120868
₽121632
₽128286
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 879
income
-
-
-
34 649
health
-
-
-
16 123
total
-
-
-
82 651
Employee
32 080
-
231 000
-
health
2 239
-
16 123
-
social contributions
4 428
-
31 879
-
income
5 351
-
41 303
-
total
12 018
-
89 305
-
Employer
32 080
-
231 000
-
total
-
-
-
-
Corporate
198 920
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%.

9 945
11 550
-
-
total
9 945
11 550
-
-
Dividends
188 975
219 450
-
-
health
13 190
15 317
-
-
withholding
28 347
32 918
-
-
social contributions
26 079
30 284
-
-
total
67 616
78 519
-
-
Income
231 000
231 000
231 000
231 000
Total tax
89 579
90 069
89 305
82 651
After tax
141 421
140 931
141 695
148 349
Living cost
20 063
20 063
20 063
20 063
Free-cash
121 358
120 868
121 632
128 286

Estimated living cost  is ₽20063 per week

₽13427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1237
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.
₽4936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92397
₽93860
₽26803
₽84704
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
925
unemployment
-
-
-
5 803
income
-
-
-
77 139
pensions
-
-
-
20 449
health
-
-
-
8 455
surtax
-
-
-
187
total
-
-
-
112 958
Employee
47 284
37 705
192 982
-
unemployment
1 418
1 131
3 316
-
other
472
377
1 106
-
health
1 830
1 460
4 277
-
pensions
4 842
3 860
11 319
-
income
5 383
2 781
65 476
-
total
13 945
9 609
85 494
-
Employer
47 284
37 705
192 982
-
payroll
1 418
1 131
5 789
-
other
2 246
1 790
8 466
-
accident
614
490
1 436
-
pensions
5 934
4 733
13 872
-
unemployment
1 418
1 131
3 316
-
chamber of commerce
189
151
772
-
surtax
187
187
187
-
health
1 787
1 426
4 178
-
total
13 793
11 039
38 016
-
Corporate
169 923
182 256
189 393
-
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.

42 481
45 564
47 349
-
total
42 481
45 564
47 349
-
Dividends
127 442
136 692
-
-
withholding
35 046
37 590
-
-
total
35 046
37 590
-
-
Income
231 000
231 000
231 000
231 000
Total tax
105 265
103 802
170 859
112 958
After tax
125 735
127 198
60 141
118 042
Living cost
33 338
33 338
33 338
33 338
Free-cash
92 397
93 860
26 803
84 704

Estimated living cost  is ₽33338 per week

₽22235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80367
₽91255
₽43239
₽66066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 589
national
-
-
-
94 403
communal

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

-
-
-
12 444
total
-
-
-
130 436
Employee

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

67 678
-
178 917
-
national
20 807
-
68 463
-
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.

589
-
1 557
-
health

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

3 180
-
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.

5 076
-
13 419
-
communal

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

3 530
-
9 331
-
total
33 182
-
101 180
-
Employer

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

67 678
-
178 917
-
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.

880
-
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.

5 997
-
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.

988
-
2 612
-
surtax
7 674
-
20 289
-
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.

4 162
-
11 005
-
total
19 701
-
52 083
-
Corporate
143 622
231 000
-
-
income
28 724
50 830
-
-
surtax
575
1 016
-
-
total
29 299
51 846
-
-
Dividends
114 323
179 154
-
-
withholding

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

33 953
53 401
-
-
total
33 953
53 401
-
-
Income
231 000
231 000
231 000
231 000
Total tax
116 135
105 247
153 263
130 436
After tax
114 865
125 753
77 737
100 564
Living cost
34 498
34 498
34 498
34 498
Free-cash
80 367
91 255
43 239
66 066

Estimated living cost  is ₽34498 per week

₽22221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3016
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.
₽8721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112548
₽119033
₽90776
₽94746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
other
-
-
-
88
unemployment
-
-
-
614
income
-
-
-
75 776
pensions
-
-
-
24 817
accident
-
-
-
790
total
-
-
-
102 085
Employee
47 097
-
203 043
-
unemployment
731
-
1 359
-
other
47
-
88
-
pensions
2 214
-
4 122
-
income
9 937
-
72 528
-
total
12 929
-
78 097
-
Employer
47 097
-
203 043
-
other
375
-
702
-
accident
932
-
1 736
-
pensions
11 114
-
20 697
-
unemployment
2 591
-
4 823
-
total
15 012
-
27 958
-
Corporate
168 891
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.

25 334
34 649
-
-
total
25 334
34 649
-
-
Dividends
143 557
196 351
-
-
withholding
31 008
43 149
-
-
total
31 008
43 149
-
-
Income
231 000
231 000
231 000
231 000
Total tax
84 283
77 798
106 055
102 085
After tax
146 717
153 202
124 945
128 915
Living cost
34 169
34 169
34 169
34 169
Free-cash
112 548
119 033
90 776
94 746

Estimated living cost  is ₽34169 per week

₽25162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64795
₽77810
₽64785
₽56362
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
45 702
pensions
-
-
-
33 685
accident
-
-
-
1 894
communal
-
-
-
14 599
health
-
-
-
15 789
surtax
-
-
-
11 552
total
-
-
-
123 221
Employee
71 650
-
206 343
-
surtax
4 392
-
12 646
-
health
3 189
-
9 182
-
pensions
5 731
-
16 508
-
income
6 921
-
51 804
-
total
20 233
-
90 140
-
Employer
71 650
-
206 343
-
accident
645
-
1 857
-
pensions
5 731
-
16 508
-
health
2 185
-
6 293
-
total
8 561
-
24 658
-
Corporate
150 789
231 000
-
-
income
22 618
34 649
-
-
communal
10 179
15 592
-
-
surtax
1 584
2 426
-
-
total
34 381
52 667
-
-
Dividends
116 409
178 333
-
-
withholding
17 461
26 751
-
-
income
34 152
22 355
-
-
total
51 613
49 106
-
-
Income
231 000
231 000
231 000
231 000
Total tax
114 788
101 773
114 798
123 221
After tax
116 212
129 227
116 202
107 779
Living cost
51 417
51 417
51 417
51 417
Free-cash
64 795
77 810
64 785
56 362

Estimated living cost  is ₽51417 per week

₽38571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3115
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121040
₽124047
₽81426
₽87211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
other
-
-
-
-
unemployment
-
-
-
215
income
-
-
-
75 168
pensions
-
-
-
25 255
health
-
-
-
8 965
surtax
-
-
-
12 935
total
-
-
-
122 538
Employee
31 863
-
204 420
-
surtax
113
-
11 803
-
unemployment
2 217
-
8 789
-
other
-
-
-
-
health
813
-
3 219
-
pensions
2 126
-
8 423
-
income
5 342
-
69 508
-
total
10 611
-
101 742
-
Employer
31 863
-
204 420
-
other
-
-
-
-
pensions
4 248
-
16 833
-
unemployment
1 011
-
4 002
-
health
1 449
-
5 746
-
total
6 708
-
26 581
-
Corporate
192 429
231 000
-
-
income
50 031
60 061
-
-
total
50 031
60 061
-
-
Dividends
142 398
170 939
-
-
withholding
21 359
25 641
-
-
total
21 359
25 641
-
-
Income
231 000
231 000
231 000
231 000
Total tax
88 709
85 702
128 323
122 538
After tax
142 291
145 298
102 677
108 462
Living cost
21 251
21 251
21 251
21 251
Free-cash
121 040
124 047
81 426
87 211

Estimated living cost  is ₽21251 per week

₽12831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93831
₽95931
₽78280
₽86258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 728
social contributions
-
-
-
47 354
municipal
-
-
-
1 469
national
-
-
-
66 704
total
-
-
-
119 255
Employee
52 484
-
231 000
-
national
8 315
-
60 371
-
regional
707
-
3 428
-
municipal
278
-
1 352
-
social contributions
17 698
-
62 082
-
total
26 998
-
127 233
-
Employer
52 484
-
231 000
-
total
-
-
-
-
Corporate
178 516
231 000
-
-
nationa
42 844
55 441
-
-
municipal
8 871
11 480
-
-
total
51 715
66 921
-
-
Dividends
126 801
164 079
-
-
withholding
32 969
42 661
-
-
total
32 969
42 661
-
-
Income
231 000
231 000
231 000
231 000
Total tax
111 682
109 582
127 233
119 255
After tax
119 318
121 418
103 767
111 745
Living cost
25 487
25 487
25 487
25 487
Free-cash
93 831
95 931
78 280
86 258

Estimated living cost  is ₽25487 per week

₽15851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119747
₽130079
₽98334
₽108618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 823
income
-
-
-
24 899
health
-
-
-
31 185
solidarity contribution
-
-
-
3 511
total
-
-
-
93 418
Employee
42 594
-
185 360
-
solidarity contribution
-
-
2 588
-
health
5 750
-
25 024
-
social contributions
2 769
-
7 529
-
income
5 111
-
22 921
-
total
13 630
-
58 062
-
Employer
42 594
-
185 360
-
social contributions
10 649
-
28 958
-
health
3 833
-
16 682
-
total
14 482
-
45 640
-
Corporate
173 924
231 000
-
-
income
33 045
43 890
-
-
total
33 045
43 890
-
-
Dividends
140 878
187 110
-
-
withholding
21 132
28 067
-
-
total
21 132
28 067
-
-
Income
231 000
231 000
231 000
231 000
Total tax
82 289
71 957
103 702
93 418
After tax
148 711
159 043
127 298
137 582
Living cost
28 964
28 964
28 964
28 964
Free-cash
119 747
130 079
98 334
108 618

Estimated living cost  is ₽28964 per week

₽21540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96645
₽97113
₽30000
₽88044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
925
unemployment
-
-
-
5 803
income
-
-
-
77 139
pensions
-
-
-
20 449
health
-
-
-
8 455
surtax
-
-
-
-
total
-
-
-
112 771
Employee
41 359
37 705
193 158
-
unemployment
1 241
1 131
3 316
-
other
413
377
1 106
-
health
1 600
1 460
4 277
-
pensions
4 236
3 860
11 319
-
income
3 684
2 781
65 564
-
total
11 174
9 609
85 582
-
Employer
41 359
37 705
193 158
-
payroll
1 241
1 131
5 794
-
other
1 964
1 790
8 473
-
accident
537
490
1 436
-
pensions
5 191
4 733
13 872
-
unemployment
1 241
1 131
3 316
-
chamber of commerce
165
151
772
-
surtax
-
-
-
-
health
1 564
1 426
4 178
-
total
11 903
10 852
37 841
-
Corporate
177 739
182 443
189 567
-
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.

44 435
45 611
47 392
-
total
44 435
45 611
47 392
-
Dividends
133 305
136 832
-
-
withholding
36 658
37 630
-
-
total
36 658
37 630
-
-
Income
231 000
231 000
231 000
231 000
Total tax
104 170
103 702
170 815
112 771
After tax
126 830
127 298
60 185
118 229
Living cost
30 185
30 185
30 185
30 185
Free-cash
96 645
97 113
30 000
88 044

Estimated living cost  is ₽30185 per week

₽18107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽205185
₽207437
₽172787
₽216677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 016
-
231 000
-
income
3 003
-
46 200
-
total
3 003
-
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%.

215 984
231 000
-
-
total
-
-
-
-
Dividends
215 984
231 000
-
-
withholding
10 799
11 550
-
-
total
10 799
11 550
-
-
Income
231 000
231 000
231 000
231 000
Total tax
13 802
11 550
46 200
2 310
After tax
217 198
219 450
184 800
228 690
Living cost
12 013
12 013
12 013
12 013
Free-cash
205 185
207 437
172 787
216 677

Estimated living cost  is ₽12013 per week

₽8129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125752
₽133664
₽74938
₽79951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
231 000
unemployment
-
-
-
347
income
-
-
-
60 406
pensions
-
-
-
42 187
health
-
-
-
22 731
total
-
-
-
125 671
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.

41 839
-
199 879
-
unemployment
59
-
280
-
health
2 702
-
12 911
-
pensions
6 485
-
30 981
-
income
7 215
-
55 391
-
total
16 461
-
99 563
-
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.

41 839
-
199 879
-
pensions
3 702
-
17 689
-
unemployment
25
-
120
-
health
2 787
-
13 312
-
total
6 514
-
31 121
-
Corporate
182 647
231 000
-
-
income
34 703
43 891
-
-
total
34 703
43 891
-
-
Dividends
147 944
187 109
-
-
withholding
22 192
28 067
-
-
total
22 192
28 067
-
-
Income
231 000
231 000
231 000
231 000
Total tax
79 870
71 958
130 684
125 671
After tax
151 130
159 042
100 316
105 329
Living cost
25 378
25 378
25 378
25 378
Free-cash
125 752
133 664
74 938
79 951

Estimated living cost  is ₽25378 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56233
₽100439
₽178673
₽119539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 026
total
-
-
-
71 360
Employee
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
Corporate
92 427
231 000
-
-
income
20 334
50 820
-
-
total
20 334
50 820
-
-
Dividends
72 093
180 180
-
-
income
15 860
39 640
-
-
total
15 860
39 640
-
-
Income
231 000
231 000
231 000
231 000
Total tax
134 666
90 460
12 226
71 360
After tax
96 334
140 540
218 774
159 640
Living cost
40 101
40 101
40 101
40 101
Free-cash
56 233
100 439
178 673
119 539

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽100763
₽101715
₽71190
₽89906
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 272
income
-
-
-
31 145
surtax
-
-
-
-
total
-
-
-
111 417
Employee
43 515
-
186 666
-
surtax
-
-
562
-
social contributions
4 787
-
20 533
-
income
9 051
-
64 704
-
total
13 838
-
85 799
-
Employer
43 515
-
186 666
-
social contributions
10 335
-
44 334
-
total
10 335
-
44 334
-
Corporate
177 150
231 000
-
-
income
37 202
48 510
-
-
surtax
-
-
-
-
total
37 202
48 510
-
-
Dividends
139 948
182 490
-
-
withholding
39 185
51 098
-
-
total
39 185
51 098
-
-
Income
231 000
231 000
231 000
231 000
Total tax
100 560
99 608
130 133
111 417
After tax
130 440
131 392
100 867
119 583
Living cost
29 677
29 677
29 677
29 677
Free-cash
100 763
101 715
71 190
89 906

Estimated living cost  is ₽29677 per week

₽22205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1751
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.
₽5227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77231
₽70728
₽71217
₽79135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
other
-
-
-
7 160
social contributions
-
-
-
6 582
income
-
-
-
45 590
pensions
-
-
-
35 059
health
-
-
-
11 777
surtax
-
-
-
-
total
-
-
-
106 168
Employee
59 259
-
175 407
-
surtax
-
-
-
-
pensions
6 703
-
13 595
-
social contributions
1 688
-
4 999
-
income
5 170
-
39 898
-
total
13 561
-
58 492
-
Employer
59 259
-
175 407
-
other
2 045
-
7 439
-
pensions
9 737
-
22 638
-
unemployment
2 401
-
7 105
-
social contributions
178
-
526
-
health
4 148
-
17 886
-
total
18 509
-
55 594
-
Corporate
153 234
231 000
-
-
income
42 905
64 680
-
-
surtax
-
-
-
-
total
42 905
64 680
-
-
Dividends
110 329
166 320
-
-
withholding
14 121
21 289
-
-
social contributions
18 976
28 606
-
-
surtax
-
-
-
-
total
33 097
49 895
-
-
Income
231 000
231 000
231 000
231 000
Total tax
108 072
114 575
114 086
106 168
After tax
122 928
116 425
116 914
124 832
Living cost
45 697
45 697
45 697
45 697
Free-cash
77 231
70 728
71 217
79 135

Estimated living cost  is ₽45697 per week

₽30927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176280
₽179458
₽145605
₽139466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 272
social contributions
-
-
-
50 821
total
-
-
-
63 093
Employee
30 417
-
200 001
-
social contributions
1 977
-
13 001
-
income
-
-
12 954
-
total
1 977
-
25 955
-
Employer
30 417
-
200 001
-
social contributions
4 715
-
30 999
-
total
4 715
-
30 999
-
Corporate
195 868
231 000
-
-
income
19 587
23 101
-
-
total
19 587
23 101
-
-
Dividends
176 281
207 899
-
-
total
-
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
26 279
23 101
56 954
63 093
After tax
204 721
207 899
174 046
167 907
Living cost
28 441
28 441
28 441
28 441
Free-cash
176 280
179 458
145 605
139 466

Estimated living cost  is ₽28441 per week

₽18389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13311
₽25121
₽25121
₽87002
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
819
municipal
-
-
-
50 035
labour market
-
-
-
18 414
national
-
-
-
29 222
total
-
-
-
98 490
Employee
192 078
192 078
192 078
-
national
23 466
23 466
23 466
-
municipal
40 902
40 902
40 902
-
labour market
15 344
15 344
15 344
-
pensions
273
273
273
-
total
79 985
79 985
79 985
-
Employer
192 078
192 078
192 078
-
municipal
40 967
40 967
40 967
-
pensions
546
546
546
-
national
23 507
23 507
23 507
-
labour market
15 366
15 366
15 366
-
total
80 386
80 386
80 386
-
Corporate
25 121
-
-
-
income
5 527
-
-
-
total
5 527
-
-
-
Dividends
19 595
-
-
-
withholding
6 283
-
-
-
total
6 283
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
172 181
160 371
160 371
98 490
After tax
58 819
70 629
70 629
132 510
Living cost
45 508
45 508
45 508
45 508
Free-cash
13 311
25 121
25 121
87 002

Estimated living cost  is ₽45508 per week

₽31146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽700
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15501
-₽2216
₽106689
₽136765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
other
-
-
-
358
income
-
-
-
66 583
pensions
-
-
-
4 017
accident
-
-
-
244
health
-
-
-
2 106
total
-
-
-
73 308
Employee
32 920
-
211 644
-
health
3 770
-
24 233
-
pensions
3 707
-
7 366
-
income
4 516
-
52 429
-
total
11 993
-
84 028
-
Employer
32 920
-
211 644
-
accident
550
-
3 534
-
pensions
5 353
-
10 637
-
unemployment
807
-
5 185
-
total
6 710
-
19 356
-
Corporate
191 370
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.

172 233
207 900
-
-
total
172 233
207 900
-
-
Dividends
19 137
23 100
-
-
withholding
3 636
4 389
-
-
total
3 636
4 389
-
-
Income
231 000
231 000
231 000
231 000
Total tax
194 572
212 289
103 384
73 308
After tax
36 428
18 711
127 616
157 692
Living cost
20 927
20 927
20 927
20 927
Free-cash
15 501
-2 216
106 689
136 765

Estimated living cost  is ₽20927 per week

₽15233
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107352
₽104231
₽76857
₽103318
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
municipal
-
-
-
41 011
national
-
-
-
47 184
health
-
-
-
3 162
total
-
-
-
91 357
Employee
49 778
-
194 331
-
national
822
-
30 890
-
unemployment
747
-
2 916
-
health
372
-
2 598
-
municipal
8 153
-
31 626
-
pensions
3 359
-
13 118
-
total
13 453
-
81 148
-
Employer
49 778
-
194 331
-
accident
50
-
194
-
pensions
8 636
-
33 716
-
unemployment
323
-
1 264
-
health
382
-
1 496
-
total
9 391
-
36 670
-
Corporate
171 829
231 000
-
-
income
34 366
46 200
-
-
total
34 366
46 200
-
-
Dividends

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

103 098
138 600
-
-
municipal
18 558
24 948
-
-
national
11 555
19 296
-
-
total
30 113
44 244
-
-
Income
231 000
231 000
231 000
231 000
Total tax
87 323
90 444
117 818
91 357
After tax
143 677
140 556
113 182
139 643
Living cost
36 325
36 325
36 325
36 325
Free-cash
107 352
104 231
76 857
103 318

Estimated living cost  is ₽36325 per week

₽23727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽141250
₽146401
₽130903
₽132761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 308
income
-
-
-
55 134
health
-
-
-
5 891
total
-
-
-
76 333
Employee
72 754
72 754
218 807
-
health
564
1 237
3 720
-
social contributions
2 751
6 038
8 144
-
income
7 922
6 735
54 134
-
total
11 237
14 010
65 998
-
Employer
72 754
72 754
218 807
-
social contributions
2 751
6 038
8 144
-
health
612
1 347
4 049
-
total
3 363
7 385
12 193
-
Corporate
194 495
150 861
-
-
income
24 313
18 858
-
-
total
24 313
18 858
-
-
Dividends
170 183
132 004
-
-
withholding
28 931
22 440
-
-
total
28 931
22 440
-
-
Income
231 000
231 000
231 000
231 000
Total tax
67 844
62 693
78 191
76 333
After tax
163 156
168 307
152 809
154 667
Living cost
21 906
21 906
21 906
21 906
Free-cash
141 250
146 401
130 903
132 761

Estimated living cost  is ₽21906 per week

₽13129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171455
₽176269
₽163497
₽182475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
231 000
unemployment
-
-
-
27
income
-
-
-
24 034
pensions
-
-
-
6 018
health
-
-
-
3 424
total
-
-
-
33 503
Employee

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

21 717
-
221 753
-
unemployment
108
-
449
-
health
1 846
-
7 631
-
pensions
3 257
-
13 466
-
income
1 485
-
21 688
-
total
6 696
-
43 234
-
Employer

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

21 717
-
221 753
-
pensions
1 194
-
4 938
-
unemployment
108
-
449
-
health
934
-
3 860
-
total
2 236
-
9 247
-
Corporate
207 047
231 000
-
-
income
18 634
20 790
-
-
total
18 634
20 790
-
-
Dividends
188 414
210 210
-
-
withholding
16 957
18 919
-
-
total
16 957
18 919
-
-
Income
231 000
231 000
231 000
231 000
Total tax
44 523
39 709
52 481
33 503
After tax
186 477
191 291
178 519
197 497
Living cost
15 022
15 022
15 022
15 022
Free-cash
171 455
176 269
163 497
182 475

Estimated living cost  is ₽15022 per week

₽9584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1083
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123003
₽127184
₽98927
₽102897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
other
-
-
-
88
unemployment
-
-
-
614
income
-
-
-
75 776
pensions
-
-
-
24 817
accident
-
-
-
790
total
-
-
-
102 085
Employee
34 984
-
203 043
-
unemployment
542
-
1 359
-
other
34
-
88
-
pensions
1 645
-
4 122
-
income
6 745
-
72 528
-
total
8 966
-
78 097
-
Employer
34 984
-
203 043
-
other
280
-
702
-
accident
693
-
1 736
-
pensions
8 256
-
20 697
-
unemployment
1 925
-
4 823
-
total
11 154
-
27 958
-
Corporate
184 862
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.

27 729
34 649
-
-
total
27 729
34 649
-
-
Dividends
157 133
196 351
-
-
withholding
34 130
43 149
-
-
total
34 130
43 149
-
-
Income
231 000
231 000
231 000
231 000
Total tax
81 979
77 798
106 055
102 085
After tax
149 021
153 202
124 945
128 915
Living cost
26 018
26 018
26 018
26 018
Free-cash
123 003
127 184
98 927
102 897

Estimated living cost  is ₽26018 per week

₽17562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5500
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142060
₽142354
₽147182
₽147308
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
79 649
pensions
-
-
-
1 306
health
-
-
-
947
total
-
-
-
81 902
Employee
2 727
-
229 531
-
unemployment
27
-
65
-
health
136
-
326
-
pensions
245
-
588
-
income
528
-
79 580
-
total
936
-
80 559
-
Employer
2 727
-
229 531
-
pensions
300
-
718
-
unemployment
55
-
131
-
health
259
-
620
-
total
614
-
1 469
-
Corporate
227 660
231 000
-
-
income
50 085
50 820
-
-
total
50 085
50 820
-
-
Dividends
177 574
180 180
-
-
withholding
35 515
36 036
-
-
total
35 515
36 036
-
-
Income
231 000
231 000
231 000
231 000
Total tax
87 150
86 856
82 028
81 902
After tax
143 850
144 144
148 972
149 098
Living cost
1 790
1 790
1 790
1 790
Free-cash
142 060
142 354
147 182
147 308

Estimated living cost  is ₽1790 per week

₽1064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽145
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.
₽540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145919
₽150564
₽134478
₽134479
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
231 000
unemployment
-
-
-
1 047
income
-
-
-
53 805
pensions
-
-
-
18 147
health
-
-
-
7 189
total
-
-
-
80 188
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.

24 629
-
218 506
-
unemployment
185
-
523
-
health
1 268
-
3 595
-
pensions
3 448
-
9 772
-
income
3 395
-
53 805
-
total
8 296
-
67 695
-
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.

24 629
-
218 506
-
pensions
2 955
-
8 376
-
unemployment
185
-
523
-
health
1 268
-
3 595
-
total
4 408
-
12 494
-
Corporate
201 962
231 000
-
-
income
30 294
34 650
-
-
total
30 294
34 650
-
-
Dividends
171 668
196 350
-
-
withholding
25 750
29 453
-
-
total
25 750
29 453
-
-
Income
231 000
231 000
231 000
231 000
Total tax
68 748
64 103
80 189
80 188
After tax
162 252
166 897
150 811
150 812
Living cost
16 333
16 333
16 333
16 333
Free-cash
145 919
150 564
134 478
134 479

Estimated living cost  is ₽16333 per week

₽10997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1263
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.
₽3600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105545
₽105885
₽75360
₽94076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
80 272
income
-
-
-
31 145
surtax
-
-
-
-
total
-
-
-
111 417
Employee
36 722
-
186 666
-
surtax
-
-
562
-
social contributions
4 040
-
20 533
-
income
7 175
-
64 704
-
total
11 215
-
85 799
-
Employer
36 722
-
186 666
-
social contributions
8 721
-
44 334
-
total
8 721
-
44 334
-
Corporate
185 557
231 000
-
-
income
38 967
48 510
-
-
surtax
-
-
-
-
total
38 967
48 510
-
-
Dividends
146 590
182 490
-
-
withholding
41 045
51 098
-
-
total
41 045
51 098
-
-
Income
231 000
231 000
231 000
231 000
Total tax
99 948
99 608
130 133
111 417
After tax
131 052
131 392
100 867
119 583
Living cost
25 507
25 507
25 507
25 507
Free-cash
105 545
105 885
75 360
94 076

Estimated living cost  is ₽25507 per week

₽18066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1772
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.
₽5218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113756
₽119950
₽91693
₽95663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
other
-
-
-
88
unemployment
-
-
-
614
income
-
-
-
75 776
pensions
-
-
-
24 817
accident
-
-
-
790
total
-
-
-
102 085
Employee
45 694
-
203 043
-
unemployment
707
-
1 359
-
other
45
-
88
-
pensions
2 147
-
4 122
-
income
9 544
-
72 528
-
total
12 443
-
78 097
-
Employer
45 694
-
203 043
-
other
366
-
702
-
accident
905
-
1 736
-
pensions
10 784
-
20 697
-
unemployment
2 514
-
4 823
-
total
14 569
-
27 958
-
Corporate
170 737
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.

25 611
34 649
-
-
total
25 611
34 649
-
-
Dividends
145 126
196 351
-
-
withholding
31 369
43 149
-
-
total
31 369
43 149
-
-
Income
231 000
231 000
231 000
231 000
Total tax
83 992
77 798
106 055
102 085
After tax
147 008
153 202
124 945
128 915
Living cost
33 252
33 252
33 252
33 252
Free-cash
113 756
119 950
91 693
95 663

Estimated living cost  is ₽33252 per week

₽23880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
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.
₽6318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175477
₽181239
₽181020
₽171266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
unemployment
-
-
-
132
income
-
-
-
34 650
pensions

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

-
-
-
4 888
health
-
-
-
3 798
total
-
-
-
43 468
Employee
21 539
-
224 520
-
accident

We are using the highest rate at 1.1%.

237
-
363
-
health
991
-
1 519
-
pensions

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

1 891
-
2 900
-
income
2 154
-
22 452
-
total
5 273
-
27 234
-
Employer
21 539
-
224 520
-
accident

We are using the highest rate at 1.1%.

237
-
363
-
pensions

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

2 374
-
3 640
-
unemployment
129
-
198
-
health
1 486
-
2 279
-
total
4 226
-
6 480
-
Corporate
205 235
231 000
-
-
income
20 523
23 100
-
-
total
20 523
23 100
-
-
Dividends
184 712
207 900
-
-
withholding
9 235
10 395
-
-
total
9 235
10 395
-
-
Income
231 000
231 000
231 000
231 000
Total tax
39 257
33 495
33 714
43 468
After tax
191 743
197 505
197 286
187 532
Living cost
16 266
16 266
16 266
16 266
Free-cash
175 477
181 239
181 020
171 266

Estimated living cost  is ₽16266 per week

₽10758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94626
₽82251
₽105148
₽78313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
trade
-
-
-
26 835
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.

-
-
-
78 540
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.

-
-
-
6 464
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.

-
-
-
4 320
total
-
-
-
116 159
Employee

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

47 076
-
231 000
-
surtax

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

214
-
4 320
-
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.

6 464
-
6 464
-
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.

3 871
-
78 540
-
total
10 549
-
89 324
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
183 924
231 000
-
-
trade
26 394
33 148
-
-
income
27 589
34 649
-
-
surtax

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

1 517
1 905
-
-
chamber of commerce
413
483
-
-
total
55 913
70 185
-
-
Dividends
128 011
160 815
-
-
withholding
31 644
39 844
-
-
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.

1 740
2 192
-
-
total
33 384
42 036
-
-
Income
231 000
231 000
231 000
231 000
Total tax
99 846
112 221
89 324
116 159
After tax
131 154
118 779
141 676
114 841
Living cost
36 528
36 528
36 528
36 528
Free-cash
94 626
82 251
105 148
78 313

Estimated living cost  is ₽36528 per week

₽25198
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109892
₽107804
₽60312
₽60312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 030
income
-
-
-
76 762
total
-
-
-
116 792
Employee
74 009
-
231 000
-
social contributions
6 149
-
40 030
-
income
13 965
-
76 762
-
total
20 114
-
116 792
-
Employer
74 009
-
231 000
-
total
-
-
-
-
Corporate
156 991
231 000
-
-
income
19 625
28 875
-
-
total
19 625
28 875
-
-
Dividends
137 366
202 125
-
-
withholding
27 473
40 425
-
-
total
27 473
40 425
-
-
Income
231 000
231 000
231 000
231 000
Total tax
67 212
69 300
116 792
116 792
After tax
163 788
161 700
114 208
114 208
Living cost
53 896
53 896
53 896
53 896
Free-cash
109 892
107 804
60 312
60 312

Estimated living cost  is ₽53896 per week

₽41003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114112
₽110805
₽125975
₽156262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 744
income
-
-
-
34 649
total
-
-
-
40 393
Employee
43 403
-
226 648
-
social contributions
4 349
-
4 352
-
income
4 710
-
61 976
-
total
9 059
-
66 328
-
Employer
43 403
-
226 648
-
social contributions
4 349
-
4 352
-
total
4 349
-
4 352
-
Corporate
183 248
231 000
-
-
income
64 136
80 851
-
-
total
64 136
80 851
-
-
Dividends
119 112
150 149
-
-
social contributions
4 999
4 999
-
-
total
4 999
4 999
-
-
Income
231 000
231 000
231 000
231 000
Total tax
82 543
85 850
70 680
40 393
After tax
148 457
145 150
160 320
190 607
Living cost
34 345
34 345
34 345
34 345
Free-cash
114 112
110 805
125 975
156 262

Estimated living cost  is ₽34345 per week

₽22623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114929
₽109422
₽93059
₽113595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
73 158
pensions
-
-
-
9 709
total
-
-
-
82 867
Employee
47 409
-
201 170
-
health
618
-
2 656
-
pensions
3 618
-
11 452
-
income
8 634
-
59 466
-
total
12 870
-
73 574
-
Employer
47 409
-
201 170
-
pensions
4 790
-
26 007
-
health
901
-
3 821
-
total
5 691
-
29 828
-
Corporate
177 900
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.

33 801
43 891
-
-
total
33 801
43 891
-
-
Dividends
144 099
187 109
-
-
withholding
29 170
43 148
-
-
total
29 170
43 148
-
-
Income
231 000
231 000
231 000
231 000
Total tax
81 532
87 039
103 402
82 867
After tax
149 468
143 961
127 598
148 133
Living cost
34 538
34 538
34 538
34 538
Free-cash
114 929
109 422
93 059
113 595

Estimated living cost  is ₽34538 per week

₽23693
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15185
-₽4288
₽104617
₽134693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
other
-
-
-
358
income
-
-
-
66 583
pensions
-
-
-
4 017
accident
-
-
-
244
health
-
-
-
2 106
total
-
-
-
73 308
Employee
36 179
-
211 644
-
health
4 142
-
24 233
-
pensions
4 074
-
7 366
-
income
4 963
-
52 429
-
total
13 179
-
84 028
-
Employer
36 179
-
211 644
-
accident
604
-
3 534
-
pensions
5 882
-
10 637
-
unemployment
886
-
5 185
-
total
7 372
-
19 356
-
Corporate
187 448
231 000
-
-
income

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

168 703
207 900
-
-
total
168 703
207 900
-
-
Dividends
18 745
23 100
-
-
withholding
3 562
4 389
-
-
total
3 562
4 389
-
-
Income
231 000
231 000
231 000
231 000
Total tax
192 816
212 289
103 384
73 308
After tax
38 184
18 711
127 616
157 692
Living cost
22 999
22 999
22 999
22 999
Free-cash
15 185
-4 288
104 617
134 693

Estimated living cost  is ₽22999 per week

₽16879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161078
₽163939
₽158364
₽137566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
unemployment
-
-
-
1 815
income
-
-
-
39 060
pensions
-
-
-
27 833
health insurance
-
-
-
11 194
work injury
-
-
-
756
total
-
-
-
80 658
Employee

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

20 442
-
231 000
-
health insurance
1 513
-
5 597
-
unemployment
245
-
908
-
work injury
102
-
378
-
pensions
3 761
-
13 917
-
income
2 044
-
39 060
-
total
7 665
-
59 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
210 558
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%.

21 056
23 100
-
-
total
21 056
23 100
-
-
Dividends
189 502
207 900
-
-
withholding
28 425
31 185
-
-
total
28 425
31 185
-
-
Income
231 000
231 000
231 000
231 000
Total tax
57 146
54 285
59 860
80 658
After tax
173 854
176 715
171 140
150 342
Living cost
12 776
12 776
12 776
12 776
Free-cash
161 078
163 939
158 364
137 566

Estimated living cost  is ₽12776 per week

₽7915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
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.
₽3534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79680
₽83983
₽64026
₽71796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 800
social contributions
-
-
-
47 354
municipal
-
-
-
1 654
national
-
-
-
66 704
total
-
-
-
121 512
Employee
79 728
-
231 000
-
national
13 473
-
60 371
-
regional
1 204
-
5 308
-
municipal
476
-
1 521
-
social contributions
26 884
-
62 082
-
total
42 037
-
129 282
-
Employer
79 728
-
231 000
-
total
-
-
-
-
Corporate
151 272
231 000
-
-
nationa
36 305
55 441
-
-
municipal
7 291
11 134
-
-
total
43 596
66 575
-
-
Dividends
107 676
164 425
-
-
withholding
27 995
42 750
-
-
total
27 995
42 750
-
-
Income
231 000
231 000
231 000
231 000
Total tax
113 628
109 325
129 282
121 512
After tax
117 372
121 675
101 718
109 488
Living cost
37 692
37 692
37 692
37 692
Free-cash
79 680
83 983
64 026
71 796

Estimated living cost  is ₽37692 per week

₽26476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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