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
₽87863
₽113086
₽83603
₽98284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
income

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

-
-
-
78 617
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.

-
-
-
4 323
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.

-
-
-
6 437
trade
-
-
-
29 483
total
-
-
-
118 860
Employee

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

36 036
-
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.

55
-
4 323
-
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.

1 007
-
78 617
-
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.

6 437
-
6 437
-
total
7 499
-
89 377
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 964
231 000
-
-
income
29 245
34 650
-
-
surtax

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

1 609
1 906
-
-
chamber of commerce
424
476
-
-
trade
30 706
36 383
-
-
total
61 984
73 415
-
-
Dividends
132 980
157 586
-
-
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.

1 809
2 147
-
-
withholding
32 887
39 038
-
-
total
34 696
41 185
-
-
Income
231 000
231 000
231 000
231 000
Total tax
104 179
114 600
89 377
118 860
After tax
126 821
116 400
141 623
112 140
Living cost
28 537
28 537
28 537
28 537
Free-cash
98 284
87 863
113 086
83 603

Estimated living cost  is ₽28537 per week

₽17951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93974
₽82054
₽80817
₽93139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
social contributions
-
-
-
2 483
municipal
-
-
-
25 707
national
-
-
-
44 103
pensions
-
-
-
27 720
total
-
-
-
100 013
Employee
77 774
-
199 697
-
municipal
9 606
-
26 602
-
pensions
3 111
-
7 988
-
national
14 886
-
46 062
-
total
27 603
-
80 652
-
Employer
77 774
-
199 697
-
pensions
6 222
-
15 976
-
social contributions
836
-
2 147
-
total
7 058
-
18 123
-
Corporate
141 035
231 000
-
-
income

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

28 207
46 200
-
-
total
28 207
46 200
-
-
Dividends
112 828
184 800
-
-
withholding
24 822
40 656
-
-
total
24 822
40 656
-
-
Income
231 000
231 000
231 000
231 000
Total tax
87 690
86 856
98 775
100 013
After tax
143 310
144 144
132 225
130 987
Living cost
50 170
50 170
50 170
50 170
Free-cash
93 139
93 974
82 054
80 817

Estimated living cost  is ₽50170 per week

₽34100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽165199
₽81834
₽65701
₽157471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
231 000
income
-
-
-
50 695
surtax
-
-
-
58 905
social contributions

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

-
-
-
36 098
microenterprise
-
-
-
-
total
-
-
-
145 698
Employee
27 531
-
183 740
-
surtax
-
-
26 642
-
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.

3 029
-
12 351
-
income
4 901
-
43 311
-
total
7 930
-
82 304
-
Employer
27 531
-
183 740
-
social contributions

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

6 631
-
27 050
-
surtax
-
-
20 211
-
total
6 631
-
47 261
-
Corporate
196 838
231 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

39 367
46 200
-
-
total
39 367
46 200
-
-
Dividends

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

157 471
184 800
-
-
total
-
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
53 928
46 200
129 565
145 698
After tax
177 072
184 800
101 435
85 302
Living cost
19 601
19 601
19 601
19 601
Free-cash
157 471
165 199
81 834
65 701

Estimated living cost  is ₽19601 per week

₽12505
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.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75867
₽108232
₽83537
₽70094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
85 337
health
-
-
-
11 618
pensions
-
-
-
11 039
total
-
-
-
107 994
Employee
80 457
80 457
213 491
-
pensions
14 482
11 039
11 039
-
income

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

13 170
13 170
43 133
-
health
12 349
10 504
11 618
-
total
40 001
34 713
65 790
-
Employer
80 457
80 457
213 491
-
health
5 593
5 593
6 950
-
pensions
5 600
5 600
6 960
-
unemployment
2 896
2 896
3 599
-
total
14 089
14 089
17 509
-
Corporate
137 441
136 454
-
-
income
27 488
27 291
-
-
total
27 488
27 291
-
-
Dividends
109 953
109 163
-
-
income
23 365
23 197
-
-
withholding
16 494
16 374
-
-
total
39 859
39 571
-
-
Income
231 000
231 000
231 000
231 000
Total tax
121 437
115 664
83 299
107 994
After tax
109 563
115 336
147 701
123 006
Living cost
39 469
39 469
39 469
39 469
Free-cash
70 094
75 867
108 232
83 537

Estimated living cost  is ₽39469 per week

₽27970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88506
₽76078
₽76991
₽87661
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 581
unemployment
-
-
-
82
health
-
-
-
5 145
municipal
-
-
-
61 762
national
-
-
-
30 741
pensions
-
-
-
8 913
total
-
-
-
116 389
Employee
53 604
-
205 095
-
municipal
15 985
-
61 159
-
national
-
-
30 236
-
total
15 985
-
91 395
-
Employer
53 604
-
205 095
-
health
3 297
-
5 071
-
pensions
5 795
-
8 913
-
accident
107
-
165
-
unemployment
1 415
-
2 177
-
other
6 229
-
9 581
-
total
16 843
-
25 907
-
Corporate
160 553
231 000
-
-
income
35 322
50 820
-
-
total
35 322
50 820
-
-
Dividends
125 231
180 180
-
-
withholding
37 569
54 054
-
-
total
37 569
54 054
-
-
Income
231 000
231 000
231 000
231 000
Total tax
105 719
104 874
117 302
116 389
After tax
125 281
126 126
113 698
114 611
Living cost
37 620
37 620
37 620
37 620
Free-cash
87 661
88 506
76 078
76 991

Estimated living cost  is ₽37620 per week

₽24933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
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.
₽8424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78202
₽104611
₽73817
₽91441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
income

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

-
-
-
78 617
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.

-
-
-
4 323
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.

-
-
-
6 437
trade
-
-
-
30 794
total
-
-
-
120 171
Employee

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

47 779
-
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.

225
-
4 323
-
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.

4 105
-
78 617
-
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.

6 437
-
6 437
-
total
10 767
-
89 377
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
183 221
231 000
-
-
income
27 482
34 650
-
-
surtax

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

1 511
1 906
-
-
chamber of commerce
404
472
-
-
trade
30 139
37 999
-
-
total
59 536
75 027
-
-
Dividends
123 684
155 973
-
-
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.

1 681
2 124
-
-
withholding
30 563
38 635
-
-
total
32 244
40 759
-
-
Income
231 000
231 000
231 000
231 000
Total tax
102 547
115 786
89 377
120 171
After tax
128 453
115 214
141 623
110 829
Living cost
37 012
37 012
37 012
37 012
Free-cash
91 441
78 202
104 611
73 817

Estimated living cost  is ₽37012 per week

₽24754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137745
₽122217
₽124073
₽133838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 233
social contributions
-
-
-
15 244
health
-
-
-
5 891
total
-
-
-
76 368
Employee
72 448
72 448
218 842
-
social contributions
3 520
6 013
8 110
-
income
7 608
6 707
54 235
-
health
721
1 232
3 721
-
total
11 849
13 952
66 066
-
Employer
72 448
72 448
218 842
-
health
785
1 341
4 048
-
social contributions
3 520
6 013
8 110
-
total
4 305
7 354
12 158
-
Corporate
184 287
151 198
-
-
income
23 036
18 900
-
-
total
23 036
18 900
-
-
Dividends
161 251
132 298
-
-
withholding
27 413
22 490
-
-
total
27 413
22 490
-
-
Income
231 000
231 000
231 000
231 000
Total tax
66 603
62 696
78 224
76 368
After tax
164 397
168 304
152 776
154 632
Living cost
30 559
30 559
30 559
30 559
Free-cash
133 838
137 745
122 217
124 073

Estimated living cost  is ₽30559 per week

₽20890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2387
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.
₽6769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112714
₽117002
₽143116
₽113065
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 409
9 714
193 305
-
unemployment
366
146
2 900
-
pensions
2 441
971
19 331
-
income
2 984
1 188
23 632
-
health
1 709
680
13 531
-
total
7 500
2 985
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.

24 409
9 714
193 305
-
pensions
4 760
1 894
37 695
-
total
4 760
1 894
37 695
-
Corporate
201 831
219 391
-
-
income
18 165
19 745
-
-
total
18 165
19 745
-
-
Dividends
183 666
199 646
-
-
social contributions
35 704
38 820
-
-
withholding
34 897
37 933
-
-
total
70 601
76 753
-
-
Income
231 000
231 000
231 000
231 000
Total tax
101 026
101 377
97 089
70 975
After tax
129 974
129 623
133 911
160 025
Living cost
16 909
16 909
16 909
16 909
Free-cash
113 065
112 714
117 002
143 116

Estimated living cost  is ₽16909 per week

₽11539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162043
₽110389
₽101058
₽156190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
30 955
health
-
-
-
30 030
pensions
-
-
-
46 200
total
-
-
-
107 185
Employee
26 728
-
172 647
-
unemployment
427
-
2 762
-
pensions
535
-
3 453
-
income
3 009
-
33 286
-
total
3 971
-
39 501
-
Employer
26 728
-
172 647
-
health
3 474
-
22 444
-
pensions
5 346
-
34 529
-
unemployment
215
-
1 380
-
total
9 035
-
58 353
-
Corporate
195 238
231 000
-
-
income
39 047
46 200
-
-
total
39 047
46 200
-
-
Dividends
156 191
184 800
-
-
total
-
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
52 053
46 200
97 854
107 185
After tax
178 947
184 800
133 146
123 815
Living cost
22 757
22 757
22 757
22 757
Free-cash
156 190
162 043
110 389
101 058

Estimated living cost  is ₽22757 per week

₽15609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2333
₽106627
₽136643
₽15483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
66 651
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
73 313
Employee
33 103
-
211 738
-
pensions
3 728
-
7 298
-
income
4 541
-
52 525
-
health
3 790
-
24 244
-
total
12 059
-
84 067
-
Employer
33 103
-
211 738
-
pensions
5 383
-
10 538
-
accident
553
-
3 536
-
unemployment
811
-
5 188
-
total
6 747
-
19 262
-
Corporate
191 150
231 000
-
-
income

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

172 035
207 900
-
-
total
172 035
207 900
-
-
Dividends
19 115
23 100
-
-
withholding
3 632
4 389
-
-
total
3 632
4 389
-
-
Income
231 000
231 000
231 000
231 000
Total tax
194 473
212 289
103 329
73 313
After tax
36 527
18 711
127 671
157 687
Living cost
21 044
21 044
21 044
21 044
Free-cash
15 483
-2 333
106 627
136 643

Estimated living cost  is ₽21044 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽211843
₽177193
₽221083
₽210417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
microenterprise

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

-
-
-
2 310
total
-
-
-
2 310
Employee
9 509
-
231 000
-
income
1 902
-
46 200
-
total
1 902
-
46 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

221 491
231 000
-
-
total
-
-
-
-
Dividends
221 491
231 000
-
-
withholding
11 074
11 550
-
-
total
11 074
11 550
-
-
Income
231 000
231 000
231 000
231 000
Total tax
12 976
11 550
46 200
2 310
After tax
218 024
219 450
184 800
228 690
Living cost
7 607
7 607
7 607
7 607
Free-cash
210 417
211 843
177 193
221 083

Estimated living cost  is ₽7607 per week

₽4714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144610
₽114646
₽116510
₽138250
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
41 890
other
-
-
-
6 805
health
-
-
-
6 304
pensions

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

-
-
-
34 386
total
-
-
-
89 385
Employee
34 209
-
194 487
-
unemployment
341
-
1 432
-
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.

2 394
-
10 029
-
income
5 889
-
41 269
-
health
479
-
2 006
-
total
9 103
-
54 736
-
Employer
34 209
-
194 487
-
health
479
-
2 006
-
pensions

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

5 816
-
24 357
-
accident
274
-
1 556
-
unemployment
341
-
1 432
-
other
1 711
-
7 162
-
total
8 621
-
36 513
-
Corporate
188 170
231 000
-
-
income
39 515
48 510
-
-
total
39 515
48 510
-
-
Dividends
148 654
182 490
-
-
withholding
10 406
12 775
-
-
total
10 406
12 775
-
-
Income
231 000
231 000
231 000
231 000
Total tax
67 645
61 285
91 249
89 385
After tax
163 355
169 715
139 751
141 615
Living cost
25 105
25 105
25 105
25 105
Free-cash
138 250
144 610
114 646
116 510

Estimated living cost  is ₽25105 per week

₽17738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81161
₽64708
₽85256
₽88752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
72 917
pensions
-
-
-
9 781
total
-
-
-
82 698
Employee
89 201
-
201 191
-
pensions
8 605
-
11 554
-
income
16 079
-
59 219
-
health
1 470
-
2 664
-
total
26 154
-
73 437
-
Employer
89 201
-
201 191
-
health
1 694
-
3 822
-
pensions
10 532
-
25 987
-
total
12 226
-
29 809
-
Corporate
129 573
231 000
-
-
income

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

24 619
43 889
-
-
total
24 619
43 889
-
-
Dividends
104 954
187 111
-
-
withholding
16 203
42 904
-
-
total
16 203
42 904
-
-
Income
231 000
231 000
231 000
231 000
Total tax
79 202
86 793
103 246
82 698
After tax
151 798
144 207
127 754
148 302
Living cost
63 046
63 046
63 046
63 046
Free-cash
88 752
81 161
64 708
85 256

Estimated living cost  is ₽63046 per week

₽47242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7408
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.
₽7885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽185157
₽184980
₽175218
₽180782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
34 650
unemployment
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
43 434
Employee
16 350
-
224 546
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 436
-
2 888
-
income
1 635
-
22 455
-
health
752
-
1 513
-
total
4 003
-
27 218
-
Employer
16 350
-
224 546
-
health
1 129
-
2 270
-
pensions

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

1 802
-
3 625
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
unemployment
98
-
197
-
total
3 209
-
6 454
-
Corporate
211 441
231 000
-
-
income
21 144
23 100
-
-
total
21 144
23 100
-
-
Dividends
190 297
207 900
-
-
withholding
9 514
10 395
-
-
total
9 514
10 395
-
-
Income
231 000
231 000
231 000
231 000
Total tax
37 870
33 495
33 672
43 434
After tax
193 130
197 505
197 328
187 566
Living cost
12 348
12 348
12 348
12 348
Free-cash
180 782
185 157
184 980
175 218

Estimated living cost  is ₽12348 per week

₽7209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63092
₽95457
₽70762
₽65462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
85 337
health
-
-
-
11 618
pensions
-
-
-
11 039
total
-
-
-
107 994
Employee
87 351
80 457
213 491
-
pensions
11 039
11 039
11 039
-
income

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

13 170
13 170
43 133
-
health
10 897
10 504
11 618
-
total
35 106
34 713
65 790
-
Employer
87 351
80 457
213 491
-
health
6 070
5 593
6 950
-
pensions
6 079
5 600
6 960
-
unemployment
3 145
2 896
3 599
-
total
15 294
14 089
17 509
-
Corporate
128 355
136 454
-
-
income
25 671
27 291
-
-
total
25 671
27 291
-
-
Dividends
102 684
109 163
-
-
income
21 820
23 197
-
-
withholding
15 403
16 374
-
-
total
37 223
39 571
-
-
Income
231 000
231 000
231 000
231 000
Total tax
113 294
115 664
83 299
107 994
After tax
117 706
115 336
147 701
123 006
Living cost
52 244
52 244
52 244
52 244
Free-cash
65 462
63 092
95 457
70 762

Estimated living cost  is ₽52244 per week

₽38539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135926
₽104438
₽114766
₽127677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 982
social contributions
-
-
-
33 265
solidarity contribution
-
-
-
3 684
health
-
-
-
31 185
total
-
-
-
93 116
Employee
33 996
-
185 798
-
solidarity contribution
-
-
2 757
-
social contributions
2 210
-
7 405
-
income
4 080
-
22 996
-
health
4 590
-
25 083
-
total
10 880
-
58 241
-
Employer
33 996
-
185 798
-
health
3 060
-
16 722
-
social contributions
8 499
-
28 481
-
total
11 559
-
45 203
-
Corporate
185 445
231 000
-
-
income
35 235
43 890
-
-
total
35 235
43 890
-
-
Dividends
150 210
187 110
-
-
withholding
22 532
28 067
-
-
total
22 532
28 067
-
-
Income
231 000
231 000
231 000
231 000
Total tax
80 206
71 957
103 444
93 116
After tax
150 794
159 043
127 556
137 884
Living cost
23 118
23 118
23 118
23 118
Free-cash
127 677
135 926
104 438
114 766

Estimated living cost  is ₽23118 per week

₽16058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83491
₽64778
₽72765
₽78573
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
social contributions
-
-
-
47 155
regional
-
-
-
3 011
municipal
-
-
-
1 471
national
-
-
-
66 842
total
-
-
-
118 479
Employee
83 734
-
231 000
-
municipal
443
-
1 353
-
national
14 509
-
60 536
-
regional
790
-
2 756
-
social contributions
28 235
-
61 821
-
total
43 977
-
126 466
-
Employer
83 734
-
231 000
-
total
-
-
-
-
Corporate
147 266
231 000
-
-
municipal
5 743
9 009
-
-
nationa
35 344
55 440
-
-
total
41 087
64 449
-
-
Dividends
106 180
166 550
-
-
withholding
27 607
43 304
-
-
total
27 607
43 304
-
-
Income
231 000
231 000
231 000
231 000
Total tax
112 671
107 753
126 466
118 479
After tax
118 329
123 247
104 534
112 521
Living cost
39 756
39 756
39 756
39 756
Free-cash
78 573
83 491
64 778
72 765

Estimated living cost  is ₽39756 per week

₽27713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124509
₽81904
₽87663
₽121576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 288
other
-
-
-
-
surtax
-
-
-
12 968
unemployment
-
-
-
215
health
-
-
-
8 927
pensions
-
-
-
25 149
total
-
-
-
122 547
Employee
31 157
-
204 531
-
other
-
-
-
-
unemployment
2 169
-
8 752
-
pensions
2 078
-
8 387
-
surtax
102
-
11 840
-
income
5 223
-
69 653
-
health
796
-
3 206
-
total
10 368
-
101 838
-
Employer
31 157
-
204 531
-
health
1 418
-
5 721
-
pensions
4 153
-
16 762
-
unemployment
987
-
3 985
-
other
-
-
-
-
total
6 558
-
26 468
-
Corporate
193 285
231 000
-
-
income
50 253
60 060
-
-
total
50 253
60 060
-
-
Dividends
143 032
170 940
-
-
withholding
21 455
25 641
-
-
total
21 455
25 641
-
-
Income
231 000
231 000
231 000
231 000
Total tax
88 634
85 701
128 306
122 547
After tax
142 366
145 299
102 694
108 453
Living cost
20 790
20 790
20 790
20 790
Free-cash
121 576
124 509
81 904
87 663

Estimated living cost  is ₽20790 per week

₽12712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101135
₽84682
₽105230
₽107360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
72 917
pensions
-
-
-
9 781
total
-
-
-
82 698
Employee
59 780
-
201 191
-
pensions
5 074
-
11 554
-
income
10 767
-
59 219
-
health
868
-
2 664
-
total
16 709
-
73 437
-
Employer
59 780
-
201 191
-
health
1 136
-
3 822
-
pensions
6 471
-
25 987
-
total
7 607
-
29 809
-
Corporate
163 613
231 000
-
-
income

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

31 086
43 889
-
-
total
31 086
43 889
-
-
Dividends
132 527
187 111
-
-
withholding
25 166
42 904
-
-
total
25 166
42 904
-
-
Income
231 000
231 000
231 000
231 000
Total tax
80 568
86 793
103 246
82 698
After tax
150 432
144 207
127 754
148 302
Living cost
43 072
43 072
43 072
43 072
Free-cash
107 360
101 135
84 682
105 230

Estimated living cost  is ₽43072 per week

₽32269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31180
₽100187
₽107928
₽63034
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
other

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

-
-
-
4 620
regional
-
-
-
13 274
health
-
-
-
520
city
-
-
-
2 434
national
-
-
-
6 524
pensions
-
-
-
21 251
total
-
-
-
48 623
Employee
87 124
-
208 213
-
unemployment
-
-
-
-
pensions
7 320
-
15 863
-
national
412
-
5 388
-
regional
2 853
-
11 893
-
city
935
-
2 256
-
health
197
-
468
-
total
11 717
-
35 868
-
Employer
87 124
-
208 213
-
health
197
-
468
-
pensions
7 320
-
15 863
-
unemployment
-
-
-
-
other

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

1 742
-
4 165
-
total
9 259
-
20 496
-
Corporate
133 659
231 000
-
-
regional
28 269
48 857
-
-
national
11 362
19 636
-
-
total
39 631
68 493
-
-
Dividends
94 028
162 508
-
-
withholding
32 910
56 878
-
-
total
32 910
56 878
-
-
Income
231 000
231 000
231 000
231 000
Total tax
93 517
125 371
56 364
48 623
After tax
137 483
105 629
174 636
182 377
Living cost
74 449
74 449
74 449
74 449
Free-cash
63 034
31 180
100 187
107 928

Estimated living cost  is ₽74449 per week

₽48413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽914
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽70864
₽98462
₽66358
₽86142
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
income

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

-
-
-
78 617
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.

-
-
-
4 323
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.

-
-
-
6 437
trade
-
-
-
32 104
total
-
-
-
121 481
Employee

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

56 622
-
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.

367
-
4 323
-
income

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

6 658
-
78 617
-
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.

6 437
-
6 437
-
total
13 462
-
89 377
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
174 378
231 000
-
-
income
26 157
34 650
-
-
surtax

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

1 439
1 906
-
-
chamber of commerce
388
468
-
-
trade
29 905
39 617
-
-
total
57 889
76 641
-
-
Dividends
116 488
154 358
-
-
surtax

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

1 582
2 103
-
-
withholding
28 764
38 231
-
-
total
30 346
40 334
-
-
Income
231 000
231 000
231 000
231 000
Total tax
101 697
116 975
89 377
121 481
After tax
129 303
114 025
141 623
109 519
Living cost
43 161
43 161
43 161
43 161
Free-cash
86 142
70 864
98 462
66 358

Estimated living cost  is ₽43161 per week

₽31523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3453
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.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84189
₽84544
₽92519
₽89753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 713
other
-
-
-
7 161
surtax
-
-
-
-
social contributions
-
-
-
6 583
health
-
-
-
11 797
pensions
-
-
-
34 992
total
-
-
-
106 246
Employee
40 323
-
175 368
-
pensions
4 559
-
13 610
-
surtax
-
-
-
-
social contributions
1 150
-
4 997
-
income
2 380
-
39 981
-
total
8 089
-
58 588
-
Employer
40 323
-
175 368
-
health
2 823
-
17 902
-
pensions
6 624
-
22 659
-
unemployment
1 632
-
7 102
-
social contributions
122
-
526
-
other
1 391
-
7 444
-
total
12 592
-
55 633
-
Corporate
178 084
231 000
-
-
income
49 864
64 680
-
-
surtax
-
-
-
-
total
49 864
64 680
-
-
Dividends
128 221
166 320
-
-
surtax
-
-
-
-
social contributions
22 056
28 607
-
-
withholding
16 411
21 289
-
-
total
38 467
49 896
-
-
Income
231 000
231 000
231 000
231 000
Total tax
109 012
114 576
114 221
106 246
After tax
121 988
116 424
116 779
124 754
Living cost
32 235
32 235
32 235
32 235
Free-cash
89 753
84 189
84 544
92 519

Estimated living cost  is ₽32235 per week

₽20325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87383
₽87738
₽95713
₽92619
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 713
other
-
-
-
7 161
surtax
-
-
-
-
social contributions
-
-
-
6 583
health
-
-
-
11 797
pensions
-
-
-
34 992
total
-
-
-
106 246
Employee
35 994
-
175 368
-
pensions
4 071
-
13 610
-
surtax
-
-
-
-
social contributions
1 026
-
4 997
-
income
1 856
-
39 981
-
total
6 953
-
58 588
-
Employer
35 994
-
175 368
-
health
2 519
-
17 902
-
pensions
5 914
-
22 659
-
unemployment
1 457
-
7 102
-
social contributions
107
-
526
-
other
1 243
-
7 444
-
total
11 240
-
55 633
-
Corporate
183 765
231 000
-
-
income
51 455
64 680
-
-
surtax
-
-
-
-
total
51 455
64 680
-
-
Dividends
132 310
166 320
-
-
surtax
-
-
-
-
social contributions
22 757
28 607
-
-
withholding
16 935
21 289
-
-
total
39 692
49 896
-
-
Income
231 000
231 000
231 000
231 000
Total tax
109 340
114 576
114 221
106 246
After tax
121 660
116 424
116 779
124 754
Living cost
29 041
29 041
29 041
29 041
Free-cash
92 619
87 383
87 738
95 713

Estimated living cost  is ₽29041 per week

₽16842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2950
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.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120953
₽121694
₽128369
₽121440
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
34 650
social contributions
-
-
-
31 879
health
-
-
-
16 124
total
-
-
-
82 653
Employee
31 945
-
231 000
-
social contributions
4 409
-
31 879
-
income
5 328
-
41 325
-
health
2 230
-
16 124
-
total
11 967
-
89 328
-
Employer
31 945
-
231 000
-
total
-
-
-
-
Corporate
199 055
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%.

9 953
11 550
-
-
total
9 953
11 550
-
-
Dividends
189 102
219 450
-
-
social contributions
26 097
30 284
-
-
withholding
28 366
32 918
-
-
health
13 199
15 317
-
-
total
67 662
78 519
-
-
Income
231 000
231 000
231 000
231 000
Total tax
89 582
90 069
89 328
82 653
After tax
141 418
140 931
141 672
148 347
Living cost
19 978
19 978
19 978
19 978
Free-cash
121 440
120 953
121 694
128 369

Estimated living cost  is ₽19978 per week

₽13370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93993
₽26917
₽84830
₽92537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 301
surtax
-
-
-
186
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
924
health
-
-
-
8 419
pensions
-
-
-
20 363
total
-
-
-
112 972
Employee
47 085
37 547
193 076
-
other
470
375
1 101
-
unemployment
1 412
1 126
3 302
-
pensions
4 822
3 844
11 271
-
income
5 360
2 770
65 653
-
health
1 822
1 454
4 259
-
total
13 886
9 569
85 586
-
Employer
47 085
37 547
193 076
-
chamber of commerce
188
150
772
-
health
1 779
1 420
4 161
-
pensions
5 909
4 713
13 814
-
accident
611
488
1 430
-
unemployment
1 412
1 126
3 302
-
surtax
186
186
186
-
payroll
1 412
1 126
5 793
-
other
2 237
1 783
8 466
-
total
13 734
10 992
37 924
-
Corporate
170 180
182 461
189 500
-
income

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

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

42 546
45 616
47 375
-
total
42 546
45 616
47 375
-
Dividends
127 634
136 846
-
-
withholding
35 099
37 632
-
-
total
35 099
37 632
-
-
Income
231 000
231 000
231 000
231 000
Total tax
105 265
103 809
170 885
112 972
After tax
125 735
127 191
60 115
118 028
Living cost
33 198
33 198
33 198
33 198
Free-cash
92 537
93 993
26 917
84 830

Estimated living cost  is ₽33198 per week

₽22142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91349
₽43345
₽66214
₽80576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
communal

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

-
-
-
12 451
social contributions
-
-
-
23 490
national
-
-
-
94 492
total
-
-
-
130 433
Employee

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

67 394
-
178 916
-
unemployment

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

586
-
1 557
-
communal

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

3 515
-
9 331
-
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.

5 054
-
13 418
-
national
20 719
-
68 503
-
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.

3 166
-
8 409
-
total
33 040
-
101 218
-
Employer

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

67 394
-
178 916
-
health

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

4 144
-
11 005
-
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.

5 972
-
15 852
-
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.

876
-
2 326
-
unemployment

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

983
-
2 612
-
surtax
7 642
-
20 289
-
total
19 617
-
52 084
-
Corporate
143 989
231 000
-
-
income
28 798
50 899
-
-
surtax
576
1 017
-
-
total
29 374
51 916
-
-
Dividends
114 615
179 084
-
-
withholding

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

34 040
53 382
-
-
total
34 040
53 382
-
-
Income
231 000
231 000
231 000
231 000
Total tax
116 071
105 298
153 302
130 433
After tax
114 929
125 702
77 698
100 567
Living cost
34 353
34 353
34 353
34 353
Free-cash
80 576
91 349
43 345
66 214

Estimated living cost  is ₽34353 per week

₽22127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119167
₽90930
₽94882
₽112712
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
75 893
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
102 092
Employee
46 899
-
203 160
-
other
46
-
88
-
unemployment
728
-
1 353
-
pensions
2 205
-
4 105
-
income
9 895
-
72 659
-
total
12 874
-
78 205
-
Employer
46 899
-
203 160
-
pensions
11 067
-
20 610
-
accident
928
-
1 729
-
unemployment
2 580
-
4 802
-
other
374
-
699
-
total
14 949
-
27 840
-
Corporate
169 152
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.

25 373
34 650
-
-
total
25 373
34 650
-
-
Dividends
143 780
196 350
-
-
withholding
31 067
43 157
-
-
total
31 067
43 157
-
-
Income
231 000
231 000
231 000
231 000
Total tax
84 263
77 807
106 045
102 092
After tax
146 737
153 193
124 955
128 908
Living cost
34 026
34 026
34 026
34 026
Free-cash
112 712
119 167
90 930
94 882

Estimated living cost  is ₽34026 per week

₽25056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2414
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.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77947
₽64912
₽56625
₽64990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
communal
-
-
-
14 598
accident
-
-
-
1 886
income
-
-
-
45 871
surtax
-
-
-
11 568
health
-
-
-
15 718
pensions
-
-
-
33 533
total
-
-
-
123 174
Employee
71 349
-
206 341
-
pensions
5 707
-
16 508
-
surtax
4 373
-
12 646
-
income
6 892
-
51 890
-
health
3 175
-
9 183
-
total
20 147
-
90 227
-
Employer
71 349
-
206 341
-
health
2 176
-
6 294
-
pensions
5 707
-
16 508
-
accident
642
-
1 858
-
total
8 525
-
24 660
-
Corporate
151 126
231 000
-
-
communal
10 200
15 593
-
-
income
22 669
34 650
-
-
surtax
1 588
2 426
-
-
total
34 457
52 669
-
-
Dividends
116 669
178 331
-
-
income
34 180
22 434
-
-
withholding
17 500
26 749
-
-
total
51 680
49 183
-
-
Income
231 000
231 000
231 000
231 000
Total tax
114 809
101 852
114 887
123 174
After tax
116 191
129 148
116 113
107 826
Living cost
51 201
51 201
51 201
51 201
Free-cash
64 990
77 947
64 912
56 625

Estimated living cost  is ₽51201 per week

₽38408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124137
₽81532
₽87291
₽121138
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 288
other
-
-
-
-
surtax
-
-
-
12 968
unemployment
-
-
-
215
health
-
-
-
8 927
pensions
-
-
-
25 149
total
-
-
-
122 547
Employee
31 729
-
204 531
-
other
-
-
-
-
unemployment
2 208
-
8 752
-
pensions
2 117
-
8 387
-
surtax
113
-
11 840
-
income
5 319
-
69 653
-
health
810
-
3 206
-
total
10 567
-
101 838
-
Employer
31 729
-
204 531
-
health
1 443
-
5 721
-
pensions
4 230
-
16 762
-
unemployment
1 007
-
3 985
-
other
-
-
-
-
total
6 680
-
26 468
-
Corporate
192 592
231 000
-
-
income
50 075
60 060
-
-
total
50 075
60 060
-
-
Dividends
142 517
170 940
-
-
withholding
21 378
25 641
-
-
total
21 378
25 641
-
-
Income
231 000
231 000
231 000
231 000
Total tax
88 700
85 701
128 306
122 547
After tax
142 300
145 299
102 694
108 453
Living cost
21 162
21 162
21 162
21 162
Free-cash
121 138
124 137
81 532
87 291

Estimated living cost  is ₽21162 per week

₽12777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
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.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96040
₽78476
₽86420
₽93948
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
social contributions
-
-
-
47 155
regional
-
-
-
3 732
municipal
-
-
-
1 471
national
-
-
-
66 842
total
-
-
-
119 200
Employee
52 263
-
231 000
-
municipal
277
-
1 353
-
national
8 280
-
60 536
-
regional
704
-
3 434
-
social contributions
17 624
-
61 821
-
total
26 885
-
127 144
-
Employer
52 263
-
231 000
-
total
-
-
-
-
Corporate
178 737
231 000
-
-
municipal
8 882
11 480
-
-
nationa
42 896
55 440
-
-
total
51 778
66 920
-
-
Dividends
126 958
164 079
-
-
withholding
33 009
42 660
-
-
total
33 009
42 660
-
-
Income
231 000
231 000
231 000
231 000
Total tax
111 672
109 580
127 144
119 200
After tax
119 328
121 420
103 856
111 800
Living cost
25 380
25 380
25 380
25 380
Free-cash
93 948
96 040
78 476
86 420

Estimated living cost  is ₽25380 per week

₽15784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130556
₽99069
₽109397
₽120395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 982
social contributions
-
-
-
33 265
solidarity contribution
-
-
-
3 684
health
-
-
-
31 185
total
-
-
-
93 116
Employee
41 892
-
185 798
-
solidarity contribution
-
-
2 757
-
social contributions
2 723
-
7 405
-
income
5 027
-
22 996
-
health
5 655
-
25 083
-
total
13 405
-
58 241
-
Employer
41 892
-
185 798
-
health
3 770
-
16 722
-
social contributions
10 473
-
28 481
-
total
14 243
-
45 203
-
Corporate
174 864
231 000
-
-
income
33 224
43 890
-
-
total
33 224
43 890
-
-
Dividends
141 640
187 110
-
-
withholding
21 246
28 067
-
-
total
21 246
28 067
-
-
Income
231 000
231 000
231 000
231 000
Total tax
82 118
71 957
103 444
93 116
After tax
148 882
159 043
127 556
137 884
Living cost
28 487
28 487
28 487
28 487
Free-cash
120 395
130 556
99 069
109 397

Estimated living cost  is ₽28487 per week

₽21185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97233
₽30100
₽88156
₽96769
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 301
surtax
-
-
-
-
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
924
health
-
-
-
8 419
pensions
-
-
-
20 363
total
-
-
-
112 786
Employee
41 185
37 547
193 251
-
other
411
375
1 101
-
unemployment
1 235
1 126
3 302
-
pensions
4 218
3 844
11 271
-
income
3 669
2 770
65 741
-
health
1 593
1 454
4 259
-
total
11 126
9 569
85 674
-
Employer
41 185
37 547
193 251
-
chamber of commerce
164
150
772
-
health
1 557
1 420
4 161
-
pensions
5 169
4 713
13 814
-
accident
535
488
1 430
-
unemployment
1 235
1 126
3 302
-
surtax
-
-
-
-
payroll
1 235
1 126
5 798
-
other
1 956
1 783
8 471
-
total
11 851
10 806
37 748
-
Corporate
177 963
182 647
189 675
-
income

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

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

44 491
45 662
47 420
-
total
44 491
45 662
47 420
-
Dividends
133 472
136 985
-
-
withholding
36 705
37 672
-
-
total
36 705
37 672
-
-
Income
231 000
231 000
231 000
231 000
Total tax
104 173
103 709
170 842
112 786
After tax
126 827
127 291
60 158
118 214
Living cost
30 058
30 058
30 058
30 058
Free-cash
96 769
97 233
30 100
88 156

Estimated living cost  is ₽30058 per week

₽18031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽207595
₽172945
₽216835
₽205372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 819
-
231 000
-
income
2 964
-
46 200
-
total
2 964
-
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%.

216 181
231 000
-
-
total
-
-
-
-
Dividends
216 181
231 000
-
-
withholding
10 809
11 550
-
-
total
10 809
11 550
-
-
Income
231 000
231 000
231 000
231 000
Total tax
13 773
11 550
46 200
2 310
After tax
217 227
219 450
184 800
228 690
Living cost
11 855
11 855
11 855
11 855
Free-cash
205 372
207 595
172 945
216 835

Estimated living cost  is ₽11855 per week

₽8022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133772
₽74948
₽79965
₽125891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
60 501
unemployment
-
-
-
347
health
-
-
-
22 730
pensions
-
-
-
42 186
total
-
-
-
125 764
Employee

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

41 663
-
199 877
-
unemployment
59
-
281
-
pensions
6 458
-
30 981
-
income
7 185
-
55 484
-
health
2 691
-
12 912
-
total
16 393
-
99 658
-
Employer

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

41 663
-
199 877
-
health
2 775
-
13 313
-
pensions
3 687
-
17 690
-
unemployment
25
-
120
-
total
6 487
-
31 123
-
Corporate
182 851
231 000
-
-
income
34 741
43 890
-
-
total
34 741
43 890
-
-
Dividends
148 109
187 110
-
-
withholding
22 217
28 067
-
-
total
22 217
28 067
-
-
Income
231 000
231 000
231 000
231 000
Total tax
79 838
71 957
130 781
125 764
After tax
151 162
159 043
100 219
105 236
Living cost
25 271
25 271
25 271
25 271
Free-cash
125 891
133 772
74 948
79 965

Estimated living cost  is ₽25271 per week

₽17343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
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.
₽5820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100096
₽178226
₽119197
₽55513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 990
-
-
-
social contributions
4 755
-
678
-
income
12 791
-
-
-
total
17 546
-
678
-
Employer
57 990
-
-
-
social contributions
81 766
-
11 653
-
total
81 766
-
11 653
-
Corporate
91 244
231 000
-
-
income
20 074
50 820
-
-
total
20 074
50 820
-
-
Dividends
71 170
180 180
-
-
income
15 657
39 640
-
-
total
15 657
39 640
-
-
Income
231 000
231 000
231 000
231 000
Total tax
135 043
90 460
12 331
71 360
After tax
95 957
140 540
218 669
159 640
Living cost
40 444
40 444
40 444
40 444
Free-cash
55 513
100 096
178 226
119 197

Estimated living cost  is ₽40444 per week

₽26241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3804
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.
₽9883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101840
₽71234
₽89984
₽100890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 190
surtax
-
-
-
-
social contributions

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

-
-
-
80 273
total
-
-
-
111 463
Employee
43 332
-
186 666
-
surtax
-
-
578
-
social contributions
4 767
-
20 533
-
income
9 013
-
64 768
-
total
13 780
-
85 879
-
Employer
43 332
-
186 666
-
social contributions
10 291
-
44 334
-
total
10 291
-
44 334
-
Corporate
177 376
231 000
-
-
income
37 250
48 510
-
-
surtax
-
-
-
-
total
37 250
48 510
-
-
Dividends
140 127
182 490
-
-
withholding
39 236
51 097
-
-
total
39 236
51 097
-
-
Income
231 000
231 000
231 000
231 000
Total tax
100 557
99 607
130 213
111 463
After tax
130 443
131 393
100 787
119 537
Living cost
29 553
29 553
29 553
29 553
Free-cash
100 890
101 840
71 234
89 984

Estimated living cost  is ₽29553 per week

₽22111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70919
₽71274
₽79249
₽77398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
45 713
other
-
-
-
7 161
surtax
-
-
-
-
social contributions
-
-
-
6 583
health
-
-
-
11 797
pensions
-
-
-
34 992
total
-
-
-
106 246
Employee
59 010
-
175 368
-
pensions
6 674
-
13 610
-
surtax
-
-
-
-
social contributions
1 681
-
4 997
-
income
5 149
-
39 981
-
total
13 504
-
58 588
-
Employer
59 010
-
175 368
-
health
4 130
-
17 902
-
pensions
9 696
-
22 659
-
unemployment
2 390
-
7 102
-
social contributions
177
-
526
-
other
2 036
-
7 444
-
total
18 429
-
55 633
-
Corporate
153 560
231 000
-
-
income
42 996
64 680
-
-
surtax
-
-
-
-
total
42 996
64 680
-
-
Dividends
110 564
166 320
-
-
surtax
-
-
-
-
social contributions
19 016
28 607
-
-
withholding
14 152
21 289
-
-
total
33 168
49 896
-
-
Income
231 000
231 000
231 000
231 000
Total tax
108 097
114 576
114 221
106 246
After tax
122 903
116 424
116 779
124 754
Living cost
45 505
45 505
45 505
45 505
Free-cash
77 398
70 919
71 274
79 249

Estimated living cost  is ₽45505 per week

₽30797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽179579
₽145701
₽139562
₽176414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
12 297
social contributions
-
-
-
50 820
total
-
-
-
63 117
Employee
30 290
-
200 001
-
income
-
-
12 979
-
social contributions
1 969
-
13 000
-
total
1 969
-
25 979
-
Employer
30 290
-
200 001
-
social contributions
4 695
-
30 999
-
total
4 695
-
30 999
-
Corporate
196 015
231 000
-
-
income
19 601
23 100
-
-
total
19 601
23 100
-
-
Dividends
176 414
207 900
-
-
total
-
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
26 265
23 100
56 978
63 117
After tax
204 735
207 900
174 022
167 883
Living cost
28 321
28 321
28 321
28 321
Free-cash
176 414
179 579
145 701
139 562

Estimated living cost  is ₽28321 per week

₽18312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25741
₽25741
₽87108
₽13586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
labour market
-
-
-
18 415
municipal
-
-
-
50 050
national
-
-
-
29 239
pensions
-
-
-
817
total
-
-
-
98 521
Employee
191 499
191 499
191 499
-
municipal
40 779
40 779
40 779
-
labour market
15 298
15 298
15 298
-
pensions
272
272
272
-
national
23 395
23 395
23 395
-
total
79 744
79 744
79 744
-
Employer
191 499
191 499
191 499
-
national
23 436
23 436
23 436
-
labour market
15 320
15 320
15 320
-
pensions
544
544
544
-
municipal
40 844
40 844
40 844
-
total
80 144
80 144
80 144
-
Corporate
25 741
-
-
-
income
5 663
-
-
-
total
5 663
-
-
-
Dividends
20 078
-
-
-
withholding
6 492
-
-
-
total
6 492
-
-
-
Income
231 000
231 000
231 000
231 000
Total tax
172 043
159 888
159 888
98 521
After tax
58 957
71 112
71 112
132 479
Living cost
45 371
45 371
45 371
45 371
Free-cash
13 586
25 741
25 741
87 108

Estimated living cost  is ₽45371 per week

₽31052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2023
₽106937
₽136953
₽15530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
66 651
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
73 313
Employee
32 615
-
211 738
-
pensions
3 673
-
7 298
-
income
4 474
-
52 525
-
health
3 735
-
24 244
-
total
11 882
-
84 067
-
Employer
32 615
-
211 738
-
pensions
5 303
-
10 538
-
accident
545
-
3 536
-
unemployment
799
-
5 188
-
total
6 647
-
19 262
-
Corporate
191 738
231 000
-
-
income

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

172 564
207 900
-
-
total
172 564
207 900
-
-
Dividends
19 174
23 100
-
-
withholding
3 643
4 389
-
-
total
3 643
4 389
-
-
Income
231 000
231 000
231 000
231 000
Total tax
194 736
212 289
103 329
73 313
After tax
36 264
18 711
127 671
157 687
Living cost
20 734
20 734
20 734
20 734
Free-cash
15 530
-2 023
106 937
136 953

Estimated living cost  is ₽20734 per week

₽15092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104281
₽76909
₽103371
₽107448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
health
-
-
-
3 165
municipal
-
-
-
41 010
national
-
-
-
47 282
total
-
-
-
91 457
Employee
49 569
-
194 329
-
municipal
8 119
-
31 625
-
unemployment
744
-
2 914
-
pensions
3 345
-
13 118
-
national
819
-
30 991
-
health
370
-
2 600
-
total
13 397
-
81 248
-
Employer
49 569
-
194 329
-
health
381
-
1 497
-
pensions
8 600
-
33 717
-
accident
50
-
195
-
unemployment
322
-
1 262
-
total
9 353
-
36 671
-
Corporate
172 078
231 000
-
-
income
34 416
46 200
-
-
total
34 416
46 200
-
-
Dividends

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

103 247
138 600
-
-
municipal
18 584
24 949
-
-
national
11 630
19 398
-
-
total
30 214
44 347
-
-
Income
231 000
231 000
231 000
231 000
Total tax
87 380
90 547
117 919
91 457
After tax
143 620
140 453
113 081
139 543
Living cost
36 172
36 172
36 172
36 172
Free-cash
107 448
104 281
76 909
103 371

Estimated living cost  is ₽36172 per week

₽23628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3479
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.
₽8491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽146490
₽130962
₽132818
₽141365
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 233
social contributions
-
-
-
15 244
health
-
-
-
5 891
total
-
-
-
76 368
Employee
72 448
72 448
218 842
-
social contributions
2 739
6 013
8 110
-
income
7 888
6 707
54 235
-
health
561
1 232
3 721
-
total
11 188
13 952
66 066
-
Employer
72 448
72 448
218 842
-
health
610
1 341
4 048
-
social contributions
2 739
6 013
8 110
-
total
3 349
7 354
12 158
-
Corporate
194 649
151 198
-
-
income
24 330
18 900
-
-
total
24 330
18 900
-
-
Dividends
170 318
132 298
-
-
withholding
28 954
22 490
-
-
total
28 954
22 490
-
-
Income
231 000
231 000
231 000
231 000
Total tax
67 821
62 696
78 224
76 368
After tax
163 179
168 304
152 776
154 632
Living cost
21 814
21 814
21 814
21 814
Free-cash
141 365
146 490
130 962
132 818

Estimated living cost  is ₽21814 per week

₽13073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
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.
₽6118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176333
₽163673
₽182572
₽171539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 039
unemployment
-
-
-
27
health
-
-
-
3 410
pensions
-
-
-
5 993
total
-
-
-
33 469
Employee

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

21 626
-
221 792
-
unemployment
107
-
447
-
pensions
3 243
-
13 410
-
income
1 479
-
21 704
-
health
1 838
-
7 599
-
total
6 667
-
43 160
-
Employer

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

21 626
-
221 792
-
health
930
-
3 844
-
pensions
1 189
-
4 917
-
unemployment
107
-
447
-
total
2 226
-
9 208
-
Corporate
207 148
231 000
-
-
income
18 643
20 790
-
-
total
18 643
20 790
-
-
Dividends
188 505
210 210
-
-
withholding
16 966
18 918
-
-
total
16 966
18 918
-
-
Income
231 000
231 000
231 000
231 000
Total tax
44 502
39 708
52 368
33 469
After tax
186 498
191 292
178 632
197 531
Living cost
14 959
14 959
14 959
14 959
Free-cash
171 539
176 333
163 673
182 572

Estimated living cost  is ₽14959 per week

₽9544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127285
₽99047
₽103000
₽123123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
75 893
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
102 092
Employee
34 837
-
203 160
-
other
34
-
88
-
unemployment
540
-
1 353
-
pensions
1 638
-
4 105
-
income
6 716
-
72 659
-
total
8 928
-
78 205
-
Employer
34 837
-
203 160
-
pensions
8 221
-
20 610
-
accident
690
-
1 729
-
unemployment
1 917
-
4 802
-
other
279
-
699
-
total
11 107
-
27 840
-
Corporate
185 056
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.

27 758
34 650
-
-
total
27 758
34 650
-
-
Dividends
157 298
196 350
-
-
withholding
34 176
43 157
-
-
total
34 176
43 157
-
-
Income
231 000
231 000
231 000
231 000
Total tax
81 969
77 807
106 045
102 092
After tax
149 031
153 193
124 955
128 908
Living cost
25 908
25 908
25 908
25 908
Free-cash
123 123
127 285
99 047
103 000

Estimated living cost  is ₽25908 per week

₽17488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142232
₽146978
₽147115
₽141919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 567
health
-
-
-
1 011
pensions
-
-
-
1 395
total
-
-
-
81 973
Employee
2 913
-
229 431
-
unemployment
29
-
70
-
pensions
262
-
628
-
income
563
-
79 494
-
health
146
-
349
-
total
1 000
-
80 541
-
Employer
2 913
-
229 431
-
health
277
-
663
-
pensions
320
-
767
-
unemployment
58
-
139
-
total
655
-
1 569
-
Corporate
227 432
231 000
-
-
income
50 035
50 820
-
-
total
50 035
50 820
-
-
Dividends
177 397
180 180
-
-
withholding
35 479
36 036
-
-
total
35 479
36 036
-
-
Income
231 000
231 000
231 000
231 000
Total tax
87 169
86 856
82 110
81 973
After tax
143 831
144 144
148 890
149 027
Living cost
1 912
1 912
1 912
1 912
Free-cash
141 919
142 232
146 978
147 115

Estimated living cost  is ₽1912 per week

₽1136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150598
₽134561
₽134560
₽145962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
53 813
unemployment
-
-
-
1 045
health
-
-
-
7 174
pensions
-
-
-
18 109
total
-
-
-
80 141
Employee

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

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

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

24 577
-
218 533
-
unemployment
184
-
522
-
pensions
3 441
-
9 751
-
income
3 388
-
53 813
-
health
1 266
-
3 587
-
total
8 279
-
67 673
-
Employer

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

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

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

24 577
-
218 533
-
health
1 266
-
3 587
-
pensions
2 949
-
8 358
-
unemployment
184
-
522
-
total
4 399
-
12 467
-
Corporate
202 023
231 000
-
-
income
30 303
34 650
-
-
total
30 303
34 650
-
-
Dividends
171 720
196 350
-
-
withholding
25 758
29 453
-
-
total
25 758
29 453
-
-
Income
231 000
231 000
231 000
231 000
Total tax
68 739
64 103
80 140
80 141
After tax
162 261
166 897
150 860
150 859
Living cost
16 299
16 299
16 299
16 299
Free-cash
145 962
150 598
134 561
134 560

Estimated living cost  is ₽16299 per week

₽10974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105993
₽75387
₽94137
₽105654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 190
surtax
-
-
-
-
social contributions

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

-
-
-
80 273
total
-
-
-
111 463
Employee
36 568
-
186 666
-
surtax
-
-
578
-
social contributions
4 023
-
20 533
-
income
7 145
-
64 768
-
total
11 168
-
85 879
-
Employer
36 568
-
186 666
-
social contributions
8 684
-
44 334
-
total
8 684
-
44 334
-
Corporate
185 748
231 000
-
-
income
39 007
48 510
-
-
surtax
-
-
-
-
total
39 007
48 510
-
-
Dividends
146 741
182 490
-
-
withholding
41 087
51 097
-
-
total
41 087
51 097
-
-
Income
231 000
231 000
231 000
231 000
Total tax
99 946
99 607
130 213
111 463
After tax
131 054
131 393
100 787
119 537
Living cost
25 400
25 400
25 400
25 400
Free-cash
105 654
105 993
75 387
94 137

Estimated living cost  is ₽25400 per week

₽17990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120081
₽91843
₽95796
₽113915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
75 893
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
102 092
Employee
45 502
-
203 160
-
other
45
-
88
-
unemployment
704
-
1 353
-
pensions
2 138
-
4 105
-
income
9 504
-
72 659
-
total
12 391
-
78 205
-
Employer
45 502
-
203 160
-
pensions
10 738
-
20 610
-
accident
901
-
1 729
-
unemployment
2 503
-
4 802
-
other
365
-
699
-
total
14 507
-
27 840
-
Corporate
170 990
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.

25 648
34 650
-
-
total
25 648
34 650
-
-
Dividends
145 343
196 350
-
-
withholding
31 427
43 157
-
-
total
31 427
43 157
-
-
Income
231 000
231 000
231 000
231 000
Total tax
83 973
77 807
106 045
102 092
After tax
147 027
153 193
124 955
128 908
Living cost
33 112
33 112
33 112
33 112
Free-cash
113 915
120 081
91 843
95 796

Estimated living cost  is ₽33112 per week

₽23780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽181304
₽181127
₽171365
₽175564
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
34 650
unemployment
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
43 434
Employee
21 452
-
224 546
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 883
-
2 888
-
income
2 146
-
22 455
-
health
987
-
1 513
-
total
5 252
-
27 218
-
Employer
21 452
-
224 546
-
health
1 480
-
2 270
-
pensions

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

2 364
-
3 625
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
unemployment
129
-
197
-
total
4 209
-
6 454
-
Corporate
205 339
231 000
-
-
income
20 534
23 100
-
-
total
20 534
23 100
-
-
Dividends
184 805
207 900
-
-
withholding
9 240
10 395
-
-
total
9 240
10 395
-
-
Income
231 000
231 000
231 000
231 000
Total tax
39 235
33 495
33 672
43 434
After tax
191 765
197 505
197 328
187 566
Living cost
16 201
16 201
16 201
16 201
Free-cash
175 564
181 304
181 127
171 365

Estimated living cost  is ₽16201 per week

₽10715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82403
₽105249
₽78387
₽94728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
income

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

-
-
-
78 617
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.

-
-
-
4 323
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.

-
-
-
6 437
trade
-
-
-
26 862
total
-
-
-
116 239
Employee

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

46 879
-
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.

213
-
4 323
-
income

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

3 855
-
78 617
-
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.

6 437
-
6 437
-
total
10 505
-
89 377
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
184 121
231 000
-
-
income
27 618
34 650
-
-
surtax

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

1 520
1 906
-
-
chamber of commerce
413
481
-
-
trade
26 422
33 148
-
-
total
55 973
70 185
-
-
Dividends
128 148
160 815
-
-
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.

1 741
2 192
-
-
withholding
31 679
39 846
-
-
total
33 420
42 038
-
-
Income
231 000
231 000
231 000
231 000
Total tax
99 898
112 223
89 377
116 239
After tax
131 102
118 777
141 623
114 761
Living cost
36 374
36 374
36 374
36 374
Free-cash
94 728
82 403
105 249
78 387

Estimated living cost  is ₽36374 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108030
₽60456
₽60456
₽110109
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
76 828
social contributions
-
-
-
40 046
total
-
-
-
116 874
Employee
73 698
-
231 000
-
income
13 907
-
76 828
-
social contributions
6 123
-
40 046
-
total
20 030
-
116 874
-
Employer
73 698
-
231 000
-
total
-
-
-
-
Corporate
157 302
231 000
-
-
income
19 662
28 875
-
-
total
19 662
28 875
-
-
Dividends
137 640
202 125
-
-
withholding
27 529
40 425
-
-
total
27 529
40 425
-
-
Income
231 000
231 000
231 000
231 000
Total tax
67 221
69 300
116 874
116 874
After tax
163 779
161 700
114 126
114 126
Living cost
53 670
53 670
53 670
53 670
Free-cash
110 109
108 030
60 456
60 456

Estimated living cost  is ₽53670 per week

₽40831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4373
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.
₽7953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110971
₽126075
₽156428
₽114264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
5 721
total
-
-
-
40 371
Employee
43 221
-
226 666
-
income
4 690
-
62 056
-
social contributions
4 330
-
4 334
-
total
9 020
-
66 390
-
Employer
43 221
-
226 666
-
social contributions
4 330
-
4 334
-
total
4 330
-
4 334
-
Corporate
183 449
231 000
-
-
income
64 207
80 850
-
-
total
64 207
80 850
-
-
Dividends
119 242
150 150
-
-
social contributions
4 978
4 978
-
-
total
4 978
4 978
-
-
Income
231 000
231 000
231 000
231 000
Total tax
82 535
85 828
70 724
40 371
After tax
148 465
145 172
160 276
190 629
Living cost
34 201
34 201
34 201
34 201
Free-cash
114 264
110 971
126 075
156 428

Estimated living cost  is ₽34201 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109191
₽92738
₽113286
₽114773
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
income
-
-
-
72 917
pensions
-
-
-
9 781
total
-
-
-
82 698
Employee
48 064
-
201 191
-
pensions
3 668
-
11 554
-
income
8 753
-
59 219
-
health
627
-
2 664
-
total
13 048
-
73 437
-
Employer
48 064
-
201 191
-
health
913
-
3 822
-
pensions
4 856
-
25 987
-
total
5 769
-
29 809
-
Corporate
177 166
231 000
-
-
income

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

33 662
43 889
-
-
total
33 662
43 889
-
-
Dividends
143 504
187 111
-
-
withholding
28 732
42 904
-
-
total
28 732
42 904
-
-
Income
231 000
231 000
231 000
231 000
Total tax
81 211
86 793
103 246
82 698
After tax
149 789
144 207
127 754
148 302
Living cost
35 016
35 016
35 016
35 016
Free-cash
114 773
109 191
92 738
113 286

Estimated living cost  is ₽35016 per week

₽24021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4075
₽104885
₽134901
₽15217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
66 651
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
73 313
Employee
35 844
-
211 738
-
pensions
4 036
-
7 298
-
income
4 917
-
52 525
-
health
4 104
-
24 244
-
total
13 057
-
84 067
-
Employer
35 844
-
211 738
-
pensions
5 828
-
10 538
-
accident
599
-
3 536
-
unemployment
878
-
5 188
-
total
7 305
-
19 262
-
Corporate
187 852
231 000
-
-
income

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

169 066
207 900
-
-
total
169 066
207 900
-
-
Dividends
18 785
23 100
-
-
withholding
3 569
4 389
-
-
total
3 569
4 389
-
-
Income
231 000
231 000
231 000
231 000
Total tax
192 997
212 289
103 329
73 313
After tax
38 003
18 711
127 671
157 687
Living cost
22 786
22 786
22 786
22 786
Free-cash
15 217
-4 075
104 885
134 901

Estimated living cost  is ₽22786 per week

₽16723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163985
₽158477
₽137753
₽161134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
231 000
income
-
-
-
39 069
unemployment
-
-
-
1 809
work injury
-
-
-
754
health insurance
-
-
-
11 153
pensions
-
-
-
27 732
total
-
-
-
80 517
Employee

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

20 368
-
231 000
-
health insurance
1 507
-
5 577
-
unemployment
244
-
904
-
work injury
102
-
377
-
pensions
3 748
-
13 866
-
income
2 037
-
39 069
-
total
7 638
-
59 793
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
210 632
231 000
-
-
income

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

21 063
23 100
-
-
total
21 063
23 100
-
-
Dividends
189 569
207 900
-
-
withholding
28 435
31 185
-
-
total
28 435
31 185
-
-
Income
231 000
231 000
231 000
231 000
Total tax
57 136
54 285
59 793
80 517
After tax
173 864
176 715
171 207
150 483
Living cost
12 730
12 730
12 730
12 730
Free-cash
161 134
163 985
158 477
137 753

Estimated living cost  is ₽12730 per week

₽7886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84142
₽64268
₽72007
₽79854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
231 000
social contributions
-
-
-
47 155
regional
-
-
-
5 808
municipal
-
-
-
1 654
national
-
-
-
66 842
total
-
-
-
121 459
Employee
79 393
-
231 000
-
municipal
474
-
1 523
-
national
13 417
-
60 536
-
regional
1 199
-
5 318
-
social contributions
26 771
-
61 821
-
total
41 861
-
129 198
-
Employer
79 393
-
231 000
-
total
-
-
-
-
Corporate
151 607
231 000
-
-
municipal
7 307
11 133
-
-
nationa
36 386
55 440
-
-
total
43 693
66 573
-
-
Dividends
107 914
164 426
-
-
withholding
28 058
42 751
-
-
total
28 058
42 751
-
-
Income
231 000
231 000
231 000
231 000
Total tax
113 612
109 324
129 198
121 459
After tax
117 388
121 676
101 802
109 541
Living cost
37 534
37 534
37 534
37 534
Free-cash
79 854
84 142
64 268
72 007

Estimated living cost  is ₽37534 per week

₽26365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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