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
₽85854
₽97018
₽82987
₽111980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 993
income

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

-
-
-
77 308
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.

-
-
-
6 894
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.

-
-
-
4 251
total
-
-
-
117 446
Employee

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

38 599
-
231 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
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.

59
-
4 251
-
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.

1 078
-
77 308
-
total
8 031
-
88 453
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 401
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.

1 588
1 906
-
-
income
28 860
34 650
-
-
trade
30 302
36 383
-
-
chamber of commerce
429
485
-
-
total
61 179
73 424
-
-
Dividends
131 222
157 577
-
-
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.

1 783
2 145
-
-
withholding
32 422
39 010
-
-
total
34 205
41 155
-
-
Income
231 000
231 000
231 000
231 000
Total tax
103 415
114 579
88 453
117 446
After tax
127 585
116 421
142 547
113 554
Living cost
30 567
30 567
30 567
30 567
Free-cash
97 018
85 854
111 980
82 987

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93150
₽92302
₽80257
₽81497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
municipal
-
-
-
25 687
pensions
-
-
-
27 720
national
-
-
-
43 859
social contributions
-
-
-
2 483
total
-
-
-
99 749
Employee
79 050
-
199 697
-
municipal
9 764
-
26 581
-
pensions
3 162
-
7 988
-
national
15 130
-
45 817
-
total
28 056
-
80 386
-
Employer
79 050
-
199 697
-
social contributions
850
-
2 147
-
pensions
6 324
-
15 976
-
total
7 174
-
18 123
-
Corporate
139 559
231 000
-
-
income

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

27 912
46 200
-
-
total
27 912
46 200
-
-
Dividends
111 647
184 800
-
-
withholding
24 562
40 656
-
-
total
24 562
40 656
-
-
Income
231 000
231 000
231 000
231 000
Total tax
87 704
86 856
98 509
99 749
After tax
143 296
144 144
132 491
131 251
Living cost
50 994
50 994
50 994
50 994
Free-cash
92 302
93 150
81 497
80 257

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163805
₽155527
₽63294
₽79646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
231 000
microenterprise
-
-
-
-
income
-
-
-
49 141
surtax
-
-
-
58 904
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.

-
-
-
38 666
total
-
-
-
146 711
Employee
29 488
-
182 006
-
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.

3 244
-
13 229
-
surtax
-
-
26 392
-
income
5 249
-
41 745
-
total
8 493
-
81 366
-
Employer
29 488
-
182 006
-
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.

7 103
-
28 973
-
surtax
-
-
20 020
-
total
7 103
-
48 993
-
Corporate
194 409
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%.

38 882
46 200
-
-
total
38 882
46 200
-
-
Dividends

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

155 527
184 800
-
-
total
-
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
54 478
46 200
130 359
146 711
After tax
176 522
184 800
100 641
84 289
Living cost
20 995
20 995
20 995
20 995
Free-cash
155 527
163 805
79 646
63 294

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72885
₽66702
₽81552
₽105454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 905
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
107 173
Employee
86 179
86 179
212 246
-
health
13 228
11 251
12 444
-
income

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

14 106
14 106
40 249
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
64 517
-
Employer
86 179
86 179
212 246
-
unemployment
3 102
3 102
3 855
-
pensions
5 998
5 998
7 455
-
health
5 990
5 990
7 444
-
total
15 090
15 090
18 754
-
Corporate
130 787
129 730
-
-
income
26 158
25 946
-
-
total
26 158
25 946
-
-
Dividends
104 629
103 785
-
-
income
22 234
22 054
-
-
withholding
15 694
15 568
-
-
total
37 928
37 622
-
-
Income
231 000
231 000
231 000
231 000
Total tax
122 022
115 839
83 271
107 173
After tax
108 978
115 161
147 729
123 827
Living cost
42 276
42 276
42 276
42 276
Free-cash
66 702
72 885
105 454
81 552

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87136
₽86260
₽75995
₽75049
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
municipal
-
-
-
61 502
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
29 757
total
-
-
-
116 015
Employee
55 558
-
204 151
-
municipal
16 567
-
60 878
-
national
-
-
29 234
-
total
16 567
-
90 112
-
Employer
55 558
-
204 151
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 237
-
health
3 417
-
5 255
-
total
17 457
-
26 849
-
Corporate
157 986
231 000
-
-
income
34 757
50 820
-
-
total
34 757
50 820
-
-
Dividends
123 229
180 180
-
-
withholding
36 969
54 054
-
-
total
36 969
54 054
-
-
Income
231 000
231 000
231 000
231 000
Total tax
105 750
104 874
116 961
116 015
After tax
125 250
126 126
114 039
114 985
Living cost
38 990
38 990
38 990
38 990
Free-cash
86 260
87 136
75 049
75 995

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75586
₽89769
₽72622
₽102903
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 281
income

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

-
-
-
77 308
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.

-
-
-
6 894
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.

-
-
-
4 251
total
-
-
-
118 734
Employee

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

51 177
-
231 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
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.

241
-
4 251
-
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.

4 397
-
77 308
-
total
11 532
-
88 453
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 823
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.

1 484
1 906
-
-
income
26 974
34 650
-
-
trade
29 580
37 999
-
-
chamber of commerce
410
483
-
-
total
58 448
75 038
-
-
Dividends
121 375
155 963
-
-
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.

1 647
2 124
-
-
withholding
29 960
38 608
-
-
total
31 607
40 732
-
-
Income
231 000
231 000
231 000
231 000
Total tax
101 587
115 770
88 453
118 734
After tax
129 413
115 230
142 547
112 266
Living cost
39 644
39 644
39 644
39 644
Free-cash
89 769
75 586
102 903
72 622

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135615
₽131425
₽122490
₽120602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 559
health
-
-
-
5 891
social contributions
-
-
-
16 328
total
-
-
-
75 778
Employee
77 600
77 600
218 274
-
social contributions
3 771
6 440
8 687
-
health
772
1 319
3 711
-
income
8 149
7 183
52 542
-
total
12 692
14 942
64 940
-
Employer
77 600
77 600
218 274
-
social contributions
3 771
6 440
8 687
-
health
841
1 436
4 039
-
total
4 612
7 876
12 726
-
Corporate
180 965
145 523
-
-
income
22 621
18 189
-
-
total
22 621
18 189
-
-
Dividends
158 344
127 334
-
-
withholding
26 918
21 646
-
-
total
26 918
21 646
-
-
Income
231 000
231 000
231 000
231 000
Total tax
66 843
62 653
77 666
75 778
After tax
164 157
168 347
153 334
155 222
Living cost
32 732
32 732
32 732
32 732
Free-cash
131 425
135 615
120 602
122 490

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111316
₽111696
₽141688
₽115574
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

26 470
10 535
193 305
-
health
1 853
737
13 531
-
income
3 236
1 288
23 632
-
pensions
2 647
1 053
19 331
-
unemployment
397
158
2 900
-
total
8 133
3 236
59 394
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
193 305
-
pensions
5 162
2 054
37 695
-
total
5 162
2 054
37 695
-
Corporate
199 369
218 411
-
-
income
17 943
19 657
-
-
total
17 943
19 657
-
-
Dividends
181 426
198 754
-
-
social contributions
35 258
38 637
-
-
withholding
34 471
37 763
-
-
total
69 729
76 400
-
-
Income
231 000
231 000
231 000
231 000
Total tax
100 967
101 347
97 089
70 975
After tax
130 033
129 653
133 911
160 025
Living cost
18 337
18 337
18 337
18 337
Free-cash
111 696
111 316
115 574
141 688

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽160425
₽154155
₽99441
₽108769
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 030
total
-
-
-
107 184
Employee
28 629
-
172 645
-
income
3 223
-
33 286
-
pensions
573
-
3 453
-
unemployment
458
-
2 762
-
total
4 254
-
39 501
-
Employer
28 629
-
172 645
-
unemployment
230
-
1 381
-
pensions
5 726
-
34 529
-
health
3 721
-
22 445
-
total
9 677
-
58 355
-
Corporate
192 695
231 000
-
-
income
38 539
46 200
-
-
total
38 539
46 200
-
-
Dividends
154 155
184 800
-
-
total
-
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
52 470
46 200
97 856
107 184
After tax
178 530
184 800
133 144
123 816
Living cost
24 375
24 375
24 375
24 375
Free-cash
154 155
160 425
108 769
99 441

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3358
₽15325
₽135647
₽105314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
accident
-
-
-
253
income
-
-
-
66 297
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
73 284
Employee
34 715
-
211 245
-
health
3 975
-
24 187
-
income
4 763
-
52 022
-
pensions
3 909
-
7 653
-
total
12 647
-
83 862
-
Employer
34 715
-
211 245
-
accident
580
-
3 528
-
unemployment
850
-
5 175
-
pensions
5 645
-
11 052
-
total
7 075
-
19 755
-
Corporate
189 210
231 000
-
-
income

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

170 289
207 900
-
-
total
170 289
207 900
-
-
Dividends
18 921
23 100
-
-
withholding
3 595
4 389
-
-
total
3 595
4 389
-
-
Income
231 000
231 000
231 000
231 000
Total tax
193 606
212 289
103 617
73 284
After tax
37 394
18 711
127 383
157 716
Living cost
22 069
22 069
22 069
22 069
Free-cash
15 325
-3 358
105 314
135 647

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
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.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽210371
₽208670
₽219611
₽175721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
231 000
-
income
2 269
-
46 200
-
total
2 269
-
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%.

219 651
231 000
-
-
total
-
-
-
-
Dividends
219 651
231 000
-
-
withholding
10 982
11 550
-
-
total
10 982
11 550
-
-
Income
231 000
231 000
231 000
231 000
Total tax
13 251
11 550
46 200
2 310
After tax
217 749
219 450
184 800
228 690
Living cost
9 079
9 079
9 079
9 079
Free-cash
208 670
210 371
175 721
219 611

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142827
₽136010
₽112476
₽110576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 761
pensions

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

-
-
-
36 831
other
-
-
-
7 289
health
-
-
-
6 753
total
-
-
-
91 634
Employee
36 642
-
192 020
-
health
513
-
2 149
-
income
6 308
-
40 129
-
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.

2 564
-
10 742
-
unemployment
366
-
1 534
-
total
9 751
-
54 554
-
Employer
36 642
-
192 020
-
accident
293
-
1 536
-
other
1 833
-
7 672
-
unemployment
366
-
1 534
-
pensions

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

6 230
-
26 089
-
health
513
-
2 149
-
total
9 235
-
38 980
-
Corporate
185 124
231 000
-
-
income
38 876
48 509
-
-
total
38 876
48 509
-
-
Dividends
146 247
182 491
-
-
withholding
10 238
12 774
-
-
total
10 238
12 774
-
-
Income
231 000
231 000
231 000
231 000
Total tax
68 100
61 283
93 534
91 634
After tax
162 900
169 717
137 466
139 366
Living cost
26 890
26 890
26 890
26 890
Free-cash
136 010
142 827
110 576
112 476

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77807
₽85963
₽81501
₽60884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
71 608
pensions
-
-
-
10 164
total
-
-
-
81 772
Employee
95 823
-
201 304
-
health
1 579
-
2 715
-
income
17 273
-
57 861
-
pensions
9 244
-
12 117
-
total
28 096
-
72 693
-
Employer
95 823
-
201 304
-
pensions
11 314
-
25 871
-
health
1 820
-
3 825
-
total
13 134
-
29 696
-
Corporate
122 043
231 000
-
-
income

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

23 188
43 891
-
-
total
23 188
43 891
-
-
Dividends
98 855
187 109
-
-
withholding
12 892
41 575
-
-
total
12 892
41 575
-
-
Income
231 000
231 000
231 000
231 000
Total tax
77 310
85 466
102 389
81 772
After tax
153 690
145 534
128 611
149 228
Living cost
67 727
67 727
67 727
67 727
Free-cash
85 963
77 807
60 884
81 501

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
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.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽184266
₽179576
₽173694
₽183325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
44 067
Employee
17 531
-
224 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
22 408
-
pensions

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

1 539
-
3 097
-
total
4 291
-
27 515
-
Employer
17 531
-
224 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
210 029
231 000
-
-
income
21 003
23 100
-
-
total
21 003
23 100
-
-
Dividends
189 026
207 900
-
-
withholding
9 451
10 395
-
-
total
9 451
10 395
-
-
Income
231 000
231 000
231 000
231 000
Total tax
38 185
33 495
34 436
44 067
After tax
192 815
197 505
196 564
186 933
Living cost
13 239
13 239
13 239
13 239
Free-cash
179 576
184 266
183 325
173 694

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59201
₽61739
₽67867
₽91769
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 905
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
107 173
Employee
93 563
86 179
212 246
-
health
11 672
11 251
12 444
-
income

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

14 106
14 106
40 249
-
pensions
11 824
11 824
11 824
-
total
37 602
37 181
64 517
-
Employer
93 563
86 179
212 246
-
unemployment
3 369
3 102
3 855
-
pensions
6 511
5 998
7 455
-
health
6 502
5 990
7 444
-
total
16 382
15 090
18 754
-
Corporate
121 056
129 730
-
-
income
24 211
25 946
-
-
total
24 211
25 946
-
-
Dividends
96 845
103 785
-
-
income
20 580
22 054
-
-
withholding
14 526
15 568
-
-
total
35 106
37 622
-
-
Income
231 000
231 000
231 000
231 000
Total tax
113 301
115 839
83 271
107 173
After tax
117 699
115 161
147 729
123 827
Living cost
55 960
55 960
55 960
55 960
Free-cash
61 739
59 201
91 769
67 867

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134874
₽126251
₽112896
₽102683
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
24 755
health
-
-
-
31 185
solidarity contribution
-
-
-
3 215
social contributions
-
-
-
34 779
total
-
-
-
93 934
Employee
35 544
-
184 608
-
social contributions
2 310
-
7 742
-
health
4 798
-
24 922
-
solidarity contribution
-
-
2 299
-
income
4 265
-
22 792
-
total
11 373
-
57 755
-
Employer
35 544
-
184 608
-
social contributions
8 886
-
29 777
-
health
3 199
-
16 615
-
total
12 085
-
46 392
-
Corporate
183 371
231 000
-
-
income
34 841
43 890
-
-
total
34 841
43 890
-
-
Dividends
148 531
187 110
-
-
withholding
22 280
28 066
-
-
total
22 280
28 066
-
-
Income
231 000
231 000
231 000
231 000
Total tax
80 579
71 956
104 147
93 934
After tax
150 421
159 044
126 853
137 066
Living cost
24 170
24 170
24 170
24 170
Free-cash
126 251
134 874
102 683
112 896

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80664
₽75397
₽68993
₽60439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
municipal
-
-
-
1 444
regional
-
-
-
2 940
national
-
-
-
64 531
social contributions
-
-
-
50 509
total
-
-
-
119 424
Employee
89 689
-
231 000
-
social contributions
30 243
-
66 218
-
regional
846
-
2 666
-
municipal
475
-
1 318
-
national
15 541
-
57 776
-
total
47 105
-
127 978
-
Employer
89 689
-
231 000
-
total
-
-
-
-
Corporate
141 311
231 000
-
-
nationa
33 914
55 440
-
-
municipal
5 512
9 009
-
-
total
39 426
64 449
-
-
Dividends
101 885
166 552
-
-
withholding
26 489
43 304
-
-
total
26 489
43 304
-
-
Income
231 000
231 000
231 000
231 000
Total tax
113 020
107 753
127 978
119 424
After tax
117 980
123 247
103 022
111 576
Living cost
42 583
42 583
42 583
42 583
Free-cash
75 397
80 664
60 439
68 993

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123031
₽119890
₽86339
₽80171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 250
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
12 412
total
-
-
-
122 392
Employee
33 373
-
202 649
-
other
-
-
-
-
health
852
-
3 434
-
surtax
109
-
11 203
-
income
5 594
-
67 214
-
pensions
2 225
-
8 984
-
unemployment
2 323
-
9 374
-
total
11 103
-
100 209
-
Employer
33 373
-
202 649
-
other
-
-
-
-
unemployment
1 057
-
4 269
-
pensions
4 449
-
17 954
-
health
1 519
-
6 128
-
total
7 025
-
28 351
-
Corporate
190 603
231 000
-
-
income
49 557
60 059
-
-
total
49 557
60 059
-
-
Dividends
141 046
170 941
-
-
withholding
21 156
25 641
-
-
total
21 156
25 641
-
-
Income
231 000
231 000
231 000
231 000
Total tax
88 841
85 700
128 560
122 392
After tax
142 159
145 300
102 440
108 608
Living cost
22 269
22 269
22 269
22 269
Free-cash
119 890
123 031
80 171
86 339

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99265
₽105955
₽102959
₽82342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
71 608
pensions
-
-
-
10 164
total
-
-
-
81 772
Employee
64 218
-
201 304
-
health
932
-
2 715
-
income
11 566
-
57 861
-
pensions
5 451
-
12 117
-
total
17 949
-
72 693
-
Employer
64 218
-
201 304
-
pensions
6 952
-
25 871
-
health
1 220
-
3 825
-
total
8 172
-
29 696
-
Corporate
158 610
231 000
-
-
income

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

30 135
43 891
-
-
total
30 135
43 891
-
-
Dividends
128 475
187 109
-
-
withholding
22 520
41 575
-
-
total
22 520
41 575
-
-
Income
231 000
231 000
231 000
231 000
Total tax
78 776
85 466
102 389
81 772
After tax
152 224
145 534
128 611
149 228
Living cost
46 269
46 269
46 269
46 269
Free-cash
105 955
99 265
82 342
102 959

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29356
₽61992
₽106541
₽98444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
city
-
-
-
2 435
pensions
-
-
-
21 253
other

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

-
-
-
4 619
regional
-
-
-
13 117
health
-
-
-
519
national
-
-
-
6 243
total
-
-
-
48 186
Employee
89 259
-
208 086
-
city
958
-
2 253
-
regional
2 923
-
11 742
-
health
202
-
468
-
pensions
7 499
-
15 997
-
unemployment
-
-
-
-
national
422
-
5 197
-
total
12 004
-
35 657
-
Employer
89 259
-
208 086
-
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.

1 785
-
4 161
-
unemployment
-
-
-
-
pensions
7 499
-
15 997
-
health
202
-
468
-
total
9 486
-
20 626
-
Corporate
131 275
231 000
-
-
regional
27 764
48 857
-
-
national
11 158
19 635
-
-
total
38 922
68 492
-
-
Dividends
92 352
162 509
-
-
withholding
32 323
56 879
-
-
total
32 323
56 879
-
-
Income
231 000
231 000
231 000
231 000
Total tax
92 735
125 371
56 283
48 186
After tax
138 265
105 629
174 717
182 814
Living cost
76 273
76 273
76 273
76 273
Free-cash
61 992
29 356
98 444
106 541

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67812
₽84178
₽64746
₽96316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
trade
-
-
-
31 570
income

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

-
-
-
77 308
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.

-
-
-
6 894
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.

-
-
-
4 251
total
-
-
-
120 023
Employee

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

60 649
-
231 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
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.

393
-
4 251
-
income

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

7 132
-
77 308
-
total
14 419
-
88 453
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 351
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.

1 406
1 906
-
-
income
25 553
34 650
-
-
trade
29 215
39 617
-
-
chamber of commerce
393
479
-
-
total
56 567
76 652
-
-
Dividends
113 785
154 349
-
-
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.

1 544
2 101
-
-
withholding
28 062
38 204
-
-
total
29 606
40 305
-
-
Income
231 000
231 000
231 000
231 000
Total tax
100 592
116 957
88 453
120 023
After tax
130 408
114 043
142 547
110 977
Living cost
46 230
46 230
46 230
46 230
Free-cash
84 178
67 812
96 316
64 746

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
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.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81897
₽87858
₽91534
₽84514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 652
pensions
-
-
-
36 115
other
-
-
-
7 161
health
-
-
-
11 429
surtax
-
-
-
-
social contributions
-
-
-
6 582
total
-
-
-
104 939
Employee
43 191
-
176 026
-
social contributions
1 231
-
5 016
-
surtax
-
-
-
-
income
2 549
-
38 584
-
pensions
4 883
-
13 383
-
total
8 663
-
56 983
-
Employer
43 191
-
176 026
-
other
1 490
-
7 353
-
social contributions
130
-
529
-
unemployment
1 748
-
7 130
-
pensions
7 095
-
22 325
-
health
3 024
-
17 639
-
total
13 487
-
54 976
-
Corporate
174 321
231 000
-
-
surtax
-
-
-
-
income
48 810
64 680
-
-
total
48 810
64 680
-
-
Dividends
125 511
166 320
-
-
surtax
-
-
-
-
social contributions
21 589
28 608
-
-
withholding
16 066
21 288
-
-
total
37 655
49 896
-
-
Income
231 000
231 000
231 000
231 000
Total tax
108 615
114 576
111 959
104 939
After tax
122 385
116 424
119 041
126 061
Living cost
34 527
34 527
34 527
34 527
Free-cash
87 858
81 897
84 514
91 534

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85318
₽90924
₽94955
₽87935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 652
pensions
-
-
-
36 115
other
-
-
-
7 161
health
-
-
-
11 429
surtax
-
-
-
-
social contributions
-
-
-
6 582
total
-
-
-
104 939
Employee
38 554
-
176 026
-
social contributions
1 099
-
5 016
-
surtax
-
-
-
-
income
1 988
-
38 584
-
pensions
4 361
-
13 383
-
total
7 448
-
56 983
-
Employer
38 554
-
176 026
-
other
1 331
-
7 353
-
social contributions
115
-
529
-
unemployment
1 561
-
7 130
-
pensions
6 335
-
22 325
-
health
2 698
-
17 639
-
total
12 040
-
54 976
-
Corporate
180 406
231 000
-
-
surtax
-
-
-
-
income
50 514
64 680
-
-
total
50 514
64 680
-
-
Dividends
129 892
166 320
-
-
surtax
-
-
-
-
social contributions
22 341
28 608
-
-
withholding
16 627
21 288
-
-
total
38 968
49 896
-
-
Income
231 000
231 000
231 000
231 000
Total tax
108 970
114 576
111 959
104 939
After tax
122 030
116 424
119 041
126 061
Living cost
31 106
31 106
31 106
31 106
Free-cash
90 924
85 318
87 935
94 955

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119533
₽120055
₽126949
₽120622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
34 650
health
-
-
-
16 123
social contributions
-
-
-
31 879
total
-
-
-
82 652
Employee
34 217
-
231 000
-
social contributions
4 723
-
31 879
-
health
2 388
-
16 123
-
income
5 707
-
40 977
-
total
12 818
-
88 979
-
Employer
34 217
-
231 000
-
total
-
-
-
-
Corporate
196 783
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%.

9 840
11 550
-
-
total
9 840
11 550
-
-
Dividends
186 944
219 450
-
-
health
13 049
15 317
-
-
social contributions
25 798
30 283
-
-
withholding
28 041
32 918
-
-
total
66 888
78 518
-
-
Income
231 000
231 000
231 000
231 000
Total tax
89 546
90 068
88 979
82 652
After tax
141 454
140 932
142 021
148 348
Living cost
21 399
21 399
21 399
21 399
Free-cash
120 055
119 533
120 622
126 949

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
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.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91744
₽90184
₽82715
₽24959
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
923
income
-
-
-
74 585
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
199
total
-
-
-
112 726
Employee
50 434
40 217
191 498
-
other
504
402
1 180
-
health
1 951
1 557
4 562
-
income
5 741
2 966
62 711
-
pensions
5 165
4 117
12 073
-
unemployment
1 513
1 207
3 537
-
total
14 874
10 249
84 063
-
Employer
50 434
40 217
191 498
-
accident
655
523
1 532
-
other
2 396
1 909
8 470
-
chamber of commerce
201
161
766
-
unemployment
1 513
1 207
3 537
-
surtax
199
199
199
-
pensions
6 329
5 048
14 796
-
payroll
1 513
1 207
5 745
-
health
1 906
1 521
4 456
-
total
14 712
11 775
39 501
-
Corporate
165 855
179 009
187 667
-
income

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

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

41 464
44 752
46 918
-
total
41 464
44 752
46 918
-
Dividends
124 391
134 257
-
-
withholding
34 207
36 921
-
-
total
34 207
36 921
-
-
Income
231 000
231 000
231 000
231 000
Total tax
105 257
103 697
170 482
112 726
After tax
125 743
127 303
60 518
118 274
Living cost
35 559
35 559
35 559
35 559
Free-cash
90 184
91 744
24 959
82 715

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89747
₽77150
₽63695
₽41565
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
national
-
-
-
92 999
communal

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

-
-
-
12 350
social contributions
-
-
-
25 160
total
-
-
-
130 509
Employee

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

72 186
-
178 917
-
communal

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

3 765
-
9 332
-
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.

3 392
-
8 409
-
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.

5 414
-
13 419
-
unemployment

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

628
-
1 557
-
national
22 193
-
67 844
-
total
35 392
-
100 561
-
Employer

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

72 186
-
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.

938
-
2 325
-
unemployment

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

1 053
-
2 612
-
surtax
8 185
-
20 288
-
pensions

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

6 396
-
15 851
-
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.

4 439
-
11 002
-
total
21 011
-
52 078
-
Corporate
137 801
231 000
-
-
surtax
552
996
-
-
income
27 560
49 754
-
-
total
28 112
50 750
-
-
Dividends
109 690
180 250
-
-
withholding

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

32 539
53 707
-
-
total
32 539
53 707
-
-
Income
231 000
231 000
231 000
231 000
Total tax
117 054
104 457
152 639
130 509
After tax
113 946
126 543
78 361
100 491
Living cost
36 796
36 796
36 796
36 796
Free-cash
77 150
89 747
41 565
63 695

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116890
₽109978
₽92595
₽88360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
accident
-
-
-
843
income
-
-
-
73 898
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
101 960
Employee
50 234
-
201 180
-
other
50
-
94
-
income
10 599
-
70 434
-
pensions
2 361
-
4 397
-
unemployment
779
-
1 450
-
total
13 789
-
76 375
-
Employer
50 234
-
201 180
-
accident
994
-
1 852
-
other
400
-
749
-
unemployment
2 763
-
5 144
-
pensions
11 854
-
22 075
-
total
16 011
-
29 820
-
Corporate
164 754
231 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

24 712
34 650
-
-
total
24 712
34 650
-
-
Dividends
140 042
196 350
-
-
withholding
30 065
43 015
-
-
total
30 065
43 015
-
-
Income
231 000
231 000
231 000
231 000
Total tax
84 577
77 665
106 195
101 960
After tax
146 423
153 335
124 805
129 040
Living cost
36 445
36 445
36 445
36 445
Free-cash
109 978
116 890
88 360
92 595

Estimated living cost  is ₽36445 per week

₽26838
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.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75628
₽61747
₽53405
₽62615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
accident
-
-
-
1 948
income
-
-
-
43 899
pensions
-
-
-
34 625
health
-
-
-
16 230
surtax
-
-
-
11 452
communal
-
-
-
14 599
total
-
-
-
122 753
Employee
76 423
-
206 341
-
health
3 401
-
9 181
-
surtax
4 684
-
12 645
-
income
7 382
-
50 550
-
pensions
6 113
-
16 508
-
total
21 580
-
88 884
-
Employer
76 423
-
206 341
-
accident
688
-
1 858
-
pensions
6 113
-
16 508
-
health
2 331
-
6 293
-
total
9 132
-
24 659
-
Corporate
145 445
231 000
-
-
surtax
1 526
2 426
-
-
communal
9 817
15 593
-
-
income
21 817
34 650
-
-
total
33 160
52 669
-
-
Dividends
112 286
178 331
-
-
income
33 696
21 111
-
-
withholding
16 843
26 750
-
-
total
50 539
47 861
-
-
Income
231 000
231 000
231 000
231 000
Total tax
114 411
100 530
113 543
122 753
After tax
116 589
130 470
117 457
108 247
Living cost
54 842
54 842
54 842
54 842
Free-cash
61 747
75 628
62 615
53 405

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122633
₽119424
₽85941
₽79773
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 250
pensions
-
-
-
26 938
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
9 562
surtax
-
-
-
12 412
total
-
-
-
122 392
Employee
33 985
-
202 649
-
other
-
-
-
-
health
868
-
3 434
-
surtax
121
-
11 203
-
income
5 697
-
67 214
-
pensions
2 267
-
8 984
-
unemployment
2 365
-
9 374
-
total
11 318
-
100 209
-
Employer
33 985
-
202 649
-
other
-
-
-
-
unemployment
1 078
-
4 269
-
pensions
4 531
-
17 954
-
health
1 545
-
6 128
-
total
7 154
-
28 351
-
Corporate
189 860
231 000
-
-
income
49 363
60 059
-
-
total
49 363
60 059
-
-
Dividends
140 497
170 941
-
-
withholding
21 074
25 641
-
-
total
21 074
25 641
-
-
Income
231 000
231 000
231 000
231 000
Total tax
88 909
85 700
128 560
122 392
After tax
142 091
145 300
102 440
108 608
Living cost
22 667
22 667
22 667
22 667
Free-cash
119 424
122 633
79 773
85 941

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94234
₽91991
₽83666
₽75158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
municipal
-
-
-
1 444
regional
-
-
-
3 665
national
-
-
-
64 531
social contributions
-
-
-
50 509
total
-
-
-
120 149
Employee
55 980
-
231 000
-
social contributions
18 877
-
66 218
-
regional
754
-
3 345
-
municipal
297
-
1 318
-
national
8 869
-
57 776
-
total
28 797
-
128 657
-
Employer
55 980
-
231 000
-
total
-
-
-
-
Corporate
175 020
231 000
-
-
nationa
42 006
55 440
-
-
municipal
8 698
11 481
-
-
total
50 704
66 921
-
-
Dividends
124 316
164 079
-
-
withholding
32 323
42 660
-
-
total
32 323
42 660
-
-
Income
231 000
231 000
231 000
231 000
Total tax
111 824
109 581
128 657
120 149
After tax
119 176
121 419
102 343
110 851
Living cost
27 185
27 185
27 185
27 185
Free-cash
91 991
94 234
75 158
83 666

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129261
₽118634
₽107283
₽97070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
24 755
health
-
-
-
31 185
solidarity contribution
-
-
-
3 215
social contributions
-
-
-
34 779
total
-
-
-
93 934
Employee
43 799
-
184 608
-
social contributions
2 847
-
7 742
-
health
5 913
-
24 922
-
solidarity contribution
-
-
2 299
-
income
5 256
-
22 792
-
total
14 016
-
57 755
-
Employer
43 799
-
184 608
-
social contributions
10 950
-
29 777
-
health
3 942
-
16 615
-
total
14 892
-
46 392
-
Corporate
172 309
231 000
-
-
income
32 739
43 890
-
-
total
32 739
43 890
-
-
Dividends
139 570
187 110
-
-
withholding
20 936
28 066
-
-
total
20 936
28 066
-
-
Income
231 000
231 000
231 000
231 000
Total tax
82 583
71 956
104 147
93 934
After tax
148 417
159 044
126 853
137 066
Living cost
29 783
29 783
29 783
29 783
Free-cash
118 634
129 261
97 070
107 283

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
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.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95216
₽94718
₽86277
₽28372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
923
income
-
-
-
74 585
pensions
-
-
-
21 811
unemployment
-
-
-
6 190
health
-
-
-
9 018
surtax
-
-
-
-
total
-
-
-
112 527
Employee
44 114
40 217
191 683
-
other
440
402
1 180
-
health
1 706
1 557
4 562
-
income
3 930
2 966
62 800
-
pensions
4 518
4 117
12 073
-
unemployment
1 323
1 207
3 537
-
total
11 917
10 249
84 152
-
Employer
44 114
40 217
191 683
-
accident
573
523
1 532
-
other
2 095
1 909
8 478
-
chamber of commerce
176
161
766
-
unemployment
1 323
1 207
3 537
-
surtax
-
-
-
-
pensions
5 537
5 048
14 796
-
payroll
1 323
1 207
5 751
-
health
1 668
1 521
4 456
-
total
12 695
11 576
39 316
-
Corporate
174 191
179 208
187 853
-
income

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

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

43 547
44 802
46 964
-
total
43 547
44 802
46 964
-
Dividends
130 644
134 407
-
-
withholding
35 927
36 961
-
-
total
35 927
36 961
-
-
Income
231 000
231 000
231 000
231 000
Total tax
104 086
103 588
170 432
112 527
After tax
126 914
127 412
60 568
118 473
Living cost
32 196
32 196
32 196
32 196
Free-cash
94 718
95 216
28 372
86 277

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽205301
₽202649
₽214541
₽170651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
231 000
-
income
3 537
-
46 200
-
total
3 537
-
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%.

213 314
231 000
-
-
total
-
-
-
-
Dividends
213 314
231 000
-
-
withholding
10 665
11 550
-
-
total
10 665
11 550
-
-
Income
231 000
231 000
231 000
231 000
Total tax
14 202
11 550
46 200
2 310
After tax
216 798
219 450
184 800
228 690
Living cost
14 149
14 149
14 149
14 149
Free-cash
202 649
205 301
170 651
214 541

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131976
₽123537
₽79758
₽74742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
231 000
income
-
-
-
58 911
pensions
-
-
-
42 186
unemployment
-
-
-
347
health
-
-
-
22 730
total
-
-
-
124 174
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.

44 626
-
199 878
-
health
2 882
-
12 912
-
income
7 696
-
53 895
-
pensions
6 917
-
30 980
-
unemployment
63
-
280
-
total
17 558
-
98 067
-
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.

44 626
-
199 878
-
unemployment
27
-
121
-
pensions
3 949
-
17 690
-
health
2 972
-
13 312
-
total
6 948
-
31 123
-
Corporate
179 426
231 000
-
-
income
34 090
43 890
-
-
total
34 090
43 890
-
-
Dividends
145 336
187 110
-
-
withholding
21 799
28 066
-
-
total
21 799
28 066
-
-
Income
231 000
231 000
231 000
231 000
Total tax
80 395
71 956
129 190
124 174
After tax
150 605
159 044
101 810
106 826
Living cost
27 068
27 068
27 068
27 068
Free-cash
123 537
131 976
74 742
79 758

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96960
₽48919
₽116060
₽174133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
45 026
social contributions
-
-
-
26 334
total
-
-
-
71 360
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
80 406
231 000
-
-
income
17 689
50 820
-
-
total
17 689
50 820
-
-
Dividends
62 717
180 180
-
-
income
13 798
39 640
-
-
total
13 798
39 640
-
-
Income
231 000
231 000
231 000
231 000
Total tax
138 501
90 460
13 287
71 360
After tax
92 499
140 540
217 713
159 640
Living cost
43 580
43 580
43 580
43 580
Free-cash
48 919
96 960
174 133
116 060

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99739
₽98723
₽88641
₽70454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
231 000
income
-
-
-
30 432
surtax
-
-
-
-
social contributions

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

-
-
-
80 273
total
-
-
-
110 705
Employee
46 414
-
186 666
-
social contributions
5 106
-
20 534
-
surtax
-
-
324
-
income
9 654
-
63 702
-
total
14 760
-
84 560
-
Employer
46 414
-
186 666
-
social contributions
11 023
-
44 332
-
total
11 023
-
44 332
-
Corporate
173 563
231 000
-
-
surtax
-
-
-
-
income
36 448
48 509
-
-
total
36 448
48 509
-
-
Dividends
137 115
182 491
-
-
withholding
38 392
51 098
-
-
total
38 392
51 098
-
-
Income
231 000
231 000
231 000
231 000
Total tax
100 623
99 607
128 892
110 705
After tax
130 377
131 393
102 108
120 295
Living cost
31 654
31 654
31 654
31 654
Free-cash
98 723
99 739
70 454
88 641

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67682
₽74620
₽77320
₽70300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 652
pensions
-
-
-
36 115
other
-
-
-
7 161
health
-
-
-
11 429
surtax
-
-
-
-
social contributions
-
-
-
6 582
total
-
-
-
104 939
Employee
63 206
-
176 026
-
social contributions
1 800
-
5 016
-
surtax
-
-
-
-
income
5 515
-
38 584
-
pensions
7 149
-
13 383
-
total
14 464
-
56 983
-
Employer
63 206
-
176 026
-
other
2 181
-
7 353
-
social contributions
190
-
529
-
unemployment
2 560
-
7 130
-
pensions
10 386
-
22 325
-
health
4 424
-
17 639
-
total
19 741
-
54 976
-
Corporate
148 053
231 000
-
-
surtax
-
-
-
-
income
41 454
64 680
-
-
total
41 454
64 680
-
-
Dividends
106 599
166 320
-
-
surtax
-
-
-
-
social contributions
18 335
28 608
-
-
withholding
13 645
21 288
-
-
total
31 980
49 896
-
-
Income
231 000
231 000
231 000
231 000
Total tax
107 639
114 576
111 959
104 939
After tax
123 361
116 424
119 041
126 061
Living cost
48 742
48 742
48 742
48 742
Free-cash
74 620
67 682
70 300
77 320

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177565
₽174175
₽137955
₽144092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 889
social contributions
-
-
-
50 821
total
-
-
-
62 710
Employee
32 444
-
200 000
-
income
-
-
12 573
-
social contributions
2 109
-
13 000
-
total
2 109
-
25 573
-
Employer
32 444
-
200 000
-
social contributions
5 029
-
31 000
-
total
5 029
-
31 000
-
Corporate
193 527
231 000
-
-
income
19 352
23 100
-
-
total
19 352
23 100
-
-
Dividends
174 175
207 900
-
-
total
-
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
26 490
23 100
56 573
62 710
After tax
204 510
207 900
174 427
168 290
Living cost
30 335
30 335
30 335
30 335
Free-cash
174 175
177 565
144 092
137 955

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11029
₽6280
₽84544
₽11029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
municipal
-
-
-
49 697
pensions
-
-
-
875
national
-
-
-
28 851
labour market
-
-
-
18 410
total
-
-
-
97 833
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
11 029
-
-
-
income
2 426
-
-
-
total
2 426
-
-
-
Dividends
8 603
-
-
-
withholding
2 323
-
-
-
total
2 323
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
176 097
171 348
171 348
97 833
After tax
54 903
59 652
59 652
133 167
Living cost
48 623
48 623
48 623
48 623
Free-cash
6 280
11 029
11 029
84 544

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3032
₽15375
₽135973
₽105640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
accident
-
-
-
253
income
-
-
-
66 297
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
73 284
Employee
34 203
-
211 245
-
health
3 917
-
24 187
-
income
4 692
-
52 022
-
pensions
3 852
-
7 653
-
total
12 461
-
83 862
-
Employer
34 203
-
211 245
-
accident
571
-
3 528
-
unemployment
838
-
5 175
-
pensions
5 561
-
11 052
-
total
6 970
-
19 755
-
Corporate
189 826
231 000
-
-
income

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

170 844
207 900
-
-
total
170 844
207 900
-
-
Dividends
18 982
23 100
-
-
withholding
3 607
4 389
-
-
total
3 607
4 389
-
-
Income
231 000
231 000
231 000
231 000
Total tax
193 882
212 289
103 617
73 284
After tax
37 118
18 711
127 383
157 716
Living cost
21 743
21 743
21 743
21 743
Free-cash
15 375
-3 032
105 640
135 973

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102698
₽105814
₽102512
₽76054
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 015
health
-
-
-
3 137
national
-
-
-
45 591
total
-
-
-
89 743
Employee
53 094
-
194 330
-
health
396
-
2 572
-
municipal
8 696
-
31 631
-
pensions
3 583
-
13 116
-
unemployment
797
-
2 915
-
national
877
-
29 297
-
total
14 349
-
79 531
-
Employer
53 094
-
194 330
-
accident
54
-
193
-
unemployment
345
-
1 264
-
pensions
9 212
-
33 717
-
health
408
-
1 496
-
total
10 019
-
36 670
-
Corporate
167 888
231 000
-
-
income
33 577
46 200
-
-
total
33 577
46 200
-
-
Dividends

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

100 733
138 600
-
-
national
10 364
18 409
-
-
municipal
18 132
24 948
-
-
total
28 496
43 357
-
-
Income
231 000
231 000
231 000
231 000
Total tax
86 441
89 557
116 201
89 743
After tax
144 559
141 443
114 799
141 257
Living cost
38 745
38 745
38 745
38 745
Free-cash
105 814
102 698
76 054
102 512

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144982
₽139487
₽131857
₽129969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 559
health
-
-
-
5 891
social contributions
-
-
-
16 328
total
-
-
-
75 778
Employee
77 600
77 600
218 274
-
social contributions
2 934
6 440
8 687
-
health
601
1 319
3 711
-
income
8 449
7 183
52 542
-
total
11 984
14 942
64 940
-
Employer
77 600
77 600
218 274
-
social contributions
2 934
6 440
8 687
-
health
653
1 436
4 039
-
total
3 587
7 876
12 726
-
Corporate
192 063
145 523
-
-
income
24 008
18 189
-
-
total
24 008
18 189
-
-
Dividends
168 056
127 334
-
-
withholding
28 569
21 646
-
-
total
28 569
21 646
-
-
Income
231 000
231 000
231 000
231 000
Total tax
68 148
62 653
77 666
75 778
After tax
162 852
168 347
153 334
155 222
Living cost
23 365
23 365
23 365
23 365
Free-cash
139 487
144 982
129 969
131 857

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175268
₽170134
₽180934
₽160693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
231 000
income
-
-
-
23 943
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
34 043
Employee

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

23 164
-
221 137
-
health
1 969
-
8 139
-
income
1 584
-
21 441
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
44 422
-
Employer

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

23 164
-
221 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 266
-
health
996
-
4 117
-
total
2 385
-
9 862
-
Corporate
205 452
231 000
-
-
income
18 490
20 790
-
-
total
18 490
20 790
-
-
Dividends
186 962
210 210
-
-
withholding
16 826
18 919
-
-
total
16 826
18 919
-
-
Income
231 000
231 000
231 000
231 000
Total tax
44 843
39 709
54 284
34 043
After tax
186 157
191 291
176 716
196 957
Living cost
16 023
16 023
16 023
16 023
Free-cash
170 134
175 268
160 693
180 934

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125584
₽121126
₽101289
₽97054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
accident
-
-
-
843
income
-
-
-
73 898
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
101 960
Employee
37 315
-
201 180
-
other
36
-
94
-
income
7 194
-
70 434
-
pensions
1 754
-
4 397
-
unemployment
578
-
1 450
-
total
9 562
-
76 375
-
Employer
37 315
-
201 180
-
accident
739
-
1 852
-
other
299
-
749
-
unemployment
2 053
-
5 144
-
pensions
8 806
-
22 075
-
total
11 897
-
29 820
-
Corporate
181 789
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.

27 269
34 650
-
-
total
27 269
34 650
-
-
Dividends
154 520
196 350
-
-
withholding
33 395
43 015
-
-
total
33 395
43 015
-
-
Income
231 000
231 000
231 000
231 000
Total tax
82 123
77 665
106 195
101 960
After tax
148 877
153 335
124 805
129 040
Living cost
27 751
27 751
27 751
27 751
Free-cash
121 126
125 584
97 054
101 289

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141388
₽140934
₽145776
₽145578
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 001
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
82 468
Employee
4 198
-
228 738
-
health
210
-
503
-
income
812
-
78 895
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
80 404
-
Employer
4 198
-
228 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
225 858
231 000
-
-
income
49 689
50 820
-
-
total
49 689
50 820
-
-
Dividends
176 169
180 180
-
-
withholding
35 234
36 036
-
-
total
35 234
36 036
-
-
Income
231 000
231 000
231 000
231 000
Total tax
87 310
86 856
82 666
82 468
After tax
143 690
144 144
148 334
148 532
Living cost
2 756
2 756
2 756
2 756
Free-cash
140 934
141 388
145 578
145 776

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149444
₽144480
₽131820
₽131821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
231 000
income
-
-
-
53 534
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
81 727
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.

26 319
-
217 649
-
health
1 355
-
3 841
-
income
3 628
-
53 534
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
68 376
-
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.

26 319
-
217 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
199 970
231 000
-
-
income
29 996
34 650
-
-
total
29 996
34 650
-
-
Dividends
169 975
196 350
-
-
withholding
25 496
29 453
-
-
total
25 496
29 453
-
-
Income
231 000
231 000
231 000
231 000
Total tax
69 067
64 103
81 726
81 727
After tax
161 933
166 897
149 274
149 273
Living cost
17 453
17 453
17 453
17 453
Free-cash
144 480
149 444
131 821
131 820

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104187
₽103824
₽93089
₽74902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
231 000
income
-
-
-
30 432
surtax
-
-
-
-
social contributions

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

-
-
-
80 273
total
-
-
-
110 705
Employee
39 168
-
186 666
-
social contributions
4 309
-
20 534
-
surtax
-
-
324
-
income
7 653
-
63 702
-
total
11 962
-
84 560
-
Employer
39 168
-
186 666
-
social contributions
9 302
-
44 332
-
total
9 302
-
44 332
-
Corporate
182 530
231 000
-
-
surtax
-
-
-
-
income
38 330
48 509
-
-
total
38 330
48 509
-
-
Dividends
144 200
182 491
-
-
withholding
40 376
51 098
-
-
total
40 376
51 098
-
-
Income
231 000
231 000
231 000
231 000
Total tax
99 970
99 607
128 892
110 705
After tax
131 030
131 393
102 108
120 295
Living cost
27 206
27 206
27 206
27 206
Free-cash
103 824
104 187
74 902
93 089

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117868
₽111262
₽93573
₽89338
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
accident
-
-
-
843
income
-
-
-
73 898
pensions
-
-
-
26 470
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
101 960
Employee
48 738
-
201 180
-
other
48
-
94
-
income
10 180
-
70 434
-
pensions
2 290
-
4 397
-
unemployment
755
-
1 450
-
total
13 273
-
76 375
-
Employer
48 738
-
201 180
-
accident
965
-
1 852
-
other
391
-
749
-
unemployment
2 681
-
5 144
-
pensions
11 502
-
22 075
-
total
15 539
-
29 820
-
Corporate
166 723
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.

25 009
34 650
-
-
total
25 009
34 650
-
-
Dividends
141 714
196 350
-
-
withholding
30 450
43 015
-
-
total
30 450
43 015
-
-
Income
231 000
231 000
231 000
231 000
Total tax
84 271
77 665
106 195
101 960
After tax
146 729
153 335
124 805
129 040
Living cost
35 467
35 467
35 467
35 467
Free-cash
111 262
117 868
89 338
93 573

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽180134
₽173980
₽169562
₽179193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
44 067
Employee
23 001
-
224 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
22 408
-
pensions

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

2 019
-
3 097
-
total
5 630
-
27 515
-
Employer
23 001
-
224 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
203 486
231 000
-
-
income
20 349
23 100
-
-
total
20 349
23 100
-
-
Dividends
183 137
207 900
-
-
withholding
9 157
10 395
-
-
total
9 157
10 395
-
-
Income
231 000
231 000
231 000
231 000
Total tax
39 649
33 495
34 436
44 067
After tax
191 351
197 505
196 564
186 933
Living cost
17 370
17 370
17 370
17 370
Free-cash
173 980
180 134
179 193
169 562

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79834
₽93039
₽77171
₽103586
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 415
income

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

-
-
-
77 308
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.

-
-
-
6 894
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.

-
-
-
4 251
total
-
-
-
114 868
Employee

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

50 212
-
231 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 894
-
6 894
-
surtax

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

228
-
4 251
-
income

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

4 129
-
77 308
-
total
11 251
-
88 453
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 788
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.

1 492
1 906
-
-
income
27 118
34 650
-
-
trade
25 944
33 148
-
-
chamber of commerce
417
492
-
-
total
54 971
70 196
-
-
Dividends
125 817
160 804
-
-
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.

1 708
2 191
-
-
withholding
31 070
39 818
-
-
total
32 778
42 009
-
-
Income
231 000
231 000
231 000
231 000
Total tax
99 000
112 205
88 453
114 868
After tax
132 000
118 795
142 547
116 132
Living cost
38 961
38 961
38 961
38 961
Free-cash
93 039
79 834
103 586
77 171

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104211
₽106442
₽58021
₽58021
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
75 719
social contributions
-
-
-
39 773
total
-
-
-
115 492
Employee
78 939
-
231 000
-
income
14 896
-
75 719
-
social contributions
6 558
-
39 773
-
total
21 454
-
115 492
-
Employer
78 939
-
231 000
-
total
-
-
-
-
Corporate
152 061
231 000
-
-
income
19 007
28 876
-
-
total
19 007
28 876
-
-
Dividends
133 053
202 124
-
-
withholding
26 610
40 426
-
-
total
26 610
40 426
-
-
Income
231 000
231 000
231 000
231 000
Total tax
67 071
69 302
115 492
115 492
After tax
163 929
161 698
115 508
115 508
Living cost
57 487
57 487
57 487
57 487
Free-cash
106 442
104 211
58 021
58 021

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108186
₽111712
₽152976
₽124363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
231 000
income
-
-
-
34 650
health

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

-
-
-
6 741
total
-
-
-
41 391
Employee
46 295
-
226 358
-
income
5 023
-
60 720
-
social contributions
4 638
-
4 642
-
total
9 661
-
65 362
-
Employer
46 295
-
226 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
180 067
231 000
-
-
income
63 024
80 849
-
-
total
63 024
80 849
-
-
Dividends
117 043
150 151
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
231 000
231 000
231 000
231 000
Total tax
82 655
86 181
70 004
41 391
After tax
148 345
144 819
160 996
189 609
Living cost
36 633
36 633
36 633
36 633
Free-cash
111 712
108 186
124 363
152 976

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107919
₽113915
₽111613
₽90996
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
71 608
pensions
-
-
-
10 164
total
-
-
-
81 772
Employee
51 632
-
201 304
-
health
674
-
2 715
-
income
9 403
-
57 861
-
pensions
3 941
-
12 117
-
total
14 018
-
72 693
-
Employer
51 632
-
201 304
-
pensions
5 217
-
25 871
-
health
981
-
3 825
-
total
6 198
-
29 696
-
Corporate
173 170
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.

32 903
43 891
-
-
total
32 903
43 891
-
-
Dividends
140 267
187 109
-
-
withholding
26 351
41 575
-
-
total
26 351
41 575
-
-
Income
231 000
231 000
231 000
231 000
Total tax
79 470
85 466
102 389
81 772
After tax
151 530
145 534
128 611
149 228
Living cost
37 615
37 615
37 615
37 615
Free-cash
113 915
107 919
90 996
111 613

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5185
₽15044
₽133820
₽103487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
accident
-
-
-
253
income
-
-
-
66 297
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
73 284
Employee
37 589
-
211 245
-
health
4 304
-
24 187
-
income
5 157
-
52 022
-
pensions
4 233
-
7 653
-
total
13 694
-
83 862
-
Employer
37 589
-
211 245
-
accident
628
-
3 528
-
unemployment
921
-
5 175
-
pensions
6 112
-
11 052
-
total
7 661
-
19 755
-
Corporate
185 751
231 000
-
-
income

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

167 176
207 900
-
-
total
167 176
207 900
-
-
Dividends
18 575
23 100
-
-
withholding
3 529
4 389
-
-
total
3 529
4 389
-
-
Income
231 000
231 000
231 000
231 000
Total tax
192 060
212 289
103 617
73 284
After tax
38 940
18 711
127 383
157 716
Living cost
23 896
23 896
23 896
23 896
Free-cash
15 044
-5 185
103 487
133 820

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163084
₽160030
₽134096
₽156288
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
807
health insurance
-
-
-
11 943
income
-
-
-
38 891
pensions
-
-
-
29 695
unemployment
-
-
-
1 937
total
-
-
-
83 273
Employee

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

21 810
-
231 000
-
work injury
109
-
403
-
income
2 181
-
38 891
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
61 081
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
209 190
231 000
-
-
income

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

20 919
23 100
-
-
total
20 919
23 100
-
-
Dividends
188 271
207 900
-
-
withholding
28 241
31 185
-
-
total
28 241
31 185
-
-
Income
231 000
231 000
231 000
231 000
Total tax
57 339
54 285
61 081
83 273
After tax
173 661
176 715
169 919
147 727
Living cost
13 631
13 631
13 631
13 631
Free-cash
160 030
163 084
156 288
134 096

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽81473
₽76881
₽68460
₽60170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
municipal
-
-
-
1 624
regional
-
-
-
5 673
national
-
-
-
64 531
social contributions
-
-
-
50 509
total
-
-
-
122 337
Employee
85 039
-
231 000
-
social contributions
28 675
-
66 218
-
regional
1 284
-
5 151
-
municipal
507
-
1 482
-
national
14 371
-
57 776
-
total
44 837
-
130 627
-
Employer
85 039
-
231 000
-
total
-
-
-
-
Corporate
145 961
231 000
-
-
nationa
35 031
55 440
-
-
municipal
7 036
11 134
-
-
total
42 067
66 574
-
-
Dividends
103 894
164 426
-
-
withholding
27 012
42 750
-
-
total
27 012
42 750
-
-
Income
231 000
231 000
231 000
231 000
Total tax
113 916
109 324
130 627
122 337
After tax
117 084
121 676
100 373
108 663
Living cost
40 203
40 203
40 203
40 203
Free-cash
76 881
81 473
60 170
68 460

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close