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
₽ 232000
per

Your estimated
City
free-cash

Dresden , Germany
₽86459
₽112593
₽83418
₽97582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
232 000
income

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

-
-
-
77 794
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.

-
-
-
4 279
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.

-
-
-
6 871
trade
-
-
-
29 175
total
-
-
-
118 119
Employee

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

38 468
-
232 000
-
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.

59
-
4 279
-
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.

1 075
-
77 794
-
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.

6 871
-
6 871
-
total
8 005
-
88 944
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
193 532
232 000
-
-
income
29 030
34 799
-
-
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.

1 597
1 914
-
-
chamber of commerce
431
487
-
-
trade
30 482
36 540
-
-
total
61 540
73 740
-
-
Dividends
131 991
158 260
-
-
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.

1 794
2 155
-
-
withholding
32 616
39 183
-
-
total
34 410
41 338
-
-
Income
232 000
232 000
232 000
232 000
Total tax
103 955
115 078
88 944
118 119
After tax
128 045
116 922
143 056
113 881
Living cost
30 463
30 463
30 463
30 463
Free-cash
97 582
86 459
112 593
83 418

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91357
₽80361
₽79115
₽90468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
social contributions
-
-
-
2 494
municipal
-
-
-
25 744
national
-
-
-
43 396
pensions
-
-
-
27 840
total
-
-
-
99 474
Employee
82 797
-
200 562
-
municipal
10 227
-
26 642
-
pensions
3 312
-
8 022
-
national
15 847
-
45 363
-
total
29 386
-
80 027
-
Employer
82 797
-
200 562
-
pensions
6 624
-
16 045
-
social contributions
890
-
2 156
-
total
7 514
-
18 201
-
Corporate
136 225
232 000
-
-
income

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

27 245
46 400
-
-
total
27 245
46 400
-
-
Dividends
108 980
185 600
-
-
withholding
23 976
40 832
-
-
total
23 976
40 832
-
-
Income
232 000
232 000
232 000
232 000
Total tax
88 121
87 232
98 228
99 474
After tax
143 879
144 768
133 772
132 526
Living cost
53 411
53 411
53 411
53 411
Free-cash
90 468
91 357
80 361
79 115

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164676
₽80244
₽63845
₽156426
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
232 000
income
-
-
-
49 535
surtax
-
-
-
59 161
social contributions

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

-
-
-
38 535
microenterprise
-
-
-
-
total
-
-
-
147 231
Employee
29 388
-
182 995
-
surtax
-
-
26 535
-
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.

3 233
-
13 185
-
income
5 231
-
42 107
-
total
8 464
-
81 827
-
Employer
29 388
-
182 995
-
social contributions

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

7 079
-
28 875
-
surtax
-
-
20 130
-
total
7 079
-
49 005
-
Corporate
195 533
232 000
-
-
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%.

39 107
46 400
-
-
total
39 107
46 400
-
-
Dividends

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

156 425
185 600
-
-
total
-
-
-
-
Income
232 000
232 000
232 000
232 000
Total tax
54 650
46 400
130 832
147 231
After tax
177 350
185 600
101 168
84 769
Living cost
20 924
20 924
20 924
20 924
Free-cash
156 426
164 676
80 244
63 845

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73546
₽106232
₽82134
₽67386
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
83 548
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
107 734
Employee
85 887
85 887
213 309
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
40 759
-
health
13 183
11 213
12 402
-
total
42 701
37 055
64 945
-
Employer
85 887
85 887
213 309
-
health
5 970
5 970
7 419
-
pensions
5 978
5 978
7 430
-
unemployment
3 092
3 092
3 842
-
total
15 040
15 040
18 691
-
Corporate
132 127
131 073
-
-
income
26 424
26 215
-
-
total
26 424
26 215
-
-
Dividends
105 703
104 859
-
-
income
22 462
22 283
-
-
withholding
15 855
15 729
-
-
total
38 317
38 012
-
-
Income
232 000
232 000
232 000
232 000
Total tax
122 482
116 322
83 636
107 734
After tax
109 518
115 678
148 364
124 266
Living cost
42 132
42 132
42 132
42 132
Free-cash
67 386
73 546
106 232
82 134

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85466
₽73835
₽74835
₽84541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
61 381
national
-
-
-
28 416
pensions
-
-
-
9 762
total
-
-
-
115 959
Employee
58 715
-
203 625
-
municipal
17 509
-
60 721
-
national
-
-
27 863
-
total
17 509
-
88 584
-
Employer
58 715
-
203 625
-
health
3 611
-
5 554
-
pensions
6 347
-
9 762
-
accident
117
-
181
-
unemployment
1 550
-
2 384
-
other
6 823
-
10 494
-
total
18 448
-
28 375
-
Corporate
154 837
232 000
-
-
income
34 064
51 040
-
-
total
34 064
51 040
-
-
Dividends
120 773
180 960
-
-
withholding
36 232
54 288
-
-
total
36 232
54 288
-
-
Income
232 000
232 000
232 000
232 000
Total tax
106 253
105 328
116 959
115 959
After tax
125 747
126 672
115 041
116 041
Living cost
41 206
41 206
41 206
41 206
Free-cash
84 541
85 466
73 835
74 835

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76221
₽103546
₽73073
₽90351
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
232 000
income

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

-
-
-
77 794
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.

-
-
-
4 279
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.

-
-
-
6 871
trade
-
-
-
30 473
total
-
-
-
119 417
Employee

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

51 004
-
232 000
-
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.

240
-
4 279
-
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.

4 382
-
77 794
-
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.

6 871
-
6 871
-
total
11 493
-
88 944
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 996
232 000
-
-
income
27 150
34 799
-
-
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.

1 493
1 914
-
-
chamber of commerce
410
483
-
-
trade
29 774
38 164
-
-
total
58 827
75 360
-
-
Dividends
122 170
156 639
-
-
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.

1 659
2 132
-
-
withholding
30 160
38 777
-
-
total
31 819
40 909
-
-
Income
232 000
232 000
232 000
232 000
Total tax
102 139
116 269
88 944
119 417
After tax
129 861
115 731
143 056
112 583
Living cost
39 510
39 510
39 510
39 510
Free-cash
90 351
76 221
103 546
73 073

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136447
₽121313
₽123204
₽132274
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
53 985
social contributions
-
-
-
16 273
health
-
-
-
5 917
total
-
-
-
76 175
Employee
77 337
77 337
219 285
-
social contributions
3 758
6 419
8 657
-
income
8 121
7 159
52 967
-
health
769
1 315
3 727
-
total
12 648
14 893
65 351
-
Employer
77 337
77 337
219 285
-
health
838
1 431
4 058
-
social contributions
3 758
6 419
8 657
-
total
4 596
7 850
12 715
-
Corporate
182 134
146 813
-
-
income
22 768
18 351
-
-
total
22 768
18 351
-
-
Dividends
159 367
128 462
-
-
withholding
27 093
21 838
-
-
total
27 093
21 838
-
-
Income
232 000
232 000
232 000
232 000
Total tax
67 105
62 932
78 066
76 175
After tax
164 895
169 068
153 934
155 825
Living cost
32 621
32 621
32 621
32 621
Free-cash
132 274
136 447
121 313
123 204

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111759
₽116037
₽142263
₽112143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
28 362
unemployment
-
-
-
3 480
health
-
-
-
16 240
pensions
-
-
-
23 200
total
-
-
-
71 282
Employee

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

The minimum wage is 138,000 HUF per month.

26 641
10 603
194 142
-
unemployment
400
159
2 912
-
pensions
2 664
1 060
19 414
-
income
3 257
1 296
23 734
-
health
1 865
742
13 590
-
total
8 186
3 257
59 650
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 641
10 603
194 142
-
pensions
5 195
2 068
37 858
-
total
5 195
2 068
37 858
-
Corporate
200 164
219 330
-
-
income
18 015
19 740
-
-
total
18 015
19 740
-
-
Dividends
182 150
199 590
-
-
social contributions
35 398
38 799
-
-
withholding
34 608
37 922
-
-
total
70 006
76 721
-
-
Income
232 000
232 000
232 000
232 000
Total tax
101 402
101 786
97 508
71 282
After tax
130 598
130 214
134 492
160 718
Living cost
18 455
18 455
18 455
18 455
Free-cash
112 143
111 759
116 037
142 263

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161308
₽109427
₽100061
₽155060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
31 087
health
-
-
-
30 160
pensions
-
-
-
46 400
total
-
-
-
107 647
Employee
28 531
-
173 393
-
unemployment
456
-
2 775
-
pensions
571
-
3 468
-
income
3 212
-
33 429
-
total
4 239
-
39 672
-
Employer
28 531
-
173 393
-
health
3 708
-
22 541
-
pensions
5 707
-
34 679
-
unemployment
229
-
1 388
-
total
9 644
-
58 608
-
Corporate
193 824
232 000
-
-
income
38 765
46 400
-
-
total
38 765
46 400
-
-
Dividends
155 059
185 600
-
-
total
-
-
-
-
Income
232 000
232 000
232 000
232 000
Total tax
52 648
46 400
98 280
107 647
After tax
179 352
185 600
133 720
124 353
Living cost
24 292
24 292
24 292
24 292
Free-cash
155 060
161 308
109 427
100 061

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3608
₽105468
₽136007
₽15356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
accident
-
-
-
257
income
-
-
-
66 502
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
73 593
Employee
35 237
-
212 046
-
pensions
3 968
-
7 768
-
income
4 834
-
52 131
-
health
4 035
-
24 279
-
total
12 837
-
84 178
-
Employer
35 237
-
212 046
-
pensions
5 730
-
11 218
-
accident
588
-
3 541
-
unemployment
863
-
5 195
-
total
7 181
-
19 954
-
Corporate
189 582
232 000
-
-
income

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

170 624
208 800
-
-
total
170 624
208 800
-
-
Dividends
18 958
23 200
-
-
withholding
3 602
4 408
-
-
total
3 602
4 408
-
-
Income
232 000
232 000
232 000
232 000
Total tax
194 244
213 208
104 132
73 593
After tax
37 756
18 792
127 868
158 407
Living cost
22 400
22 400
22 400
22 400
Free-cash
15 356
-3 608
105 468
136 007

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽212260
₽177460
₽221540
₽210734
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
232 000
microenterprise

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

-
-
-
2 320
total
-
-
-
2 320
Employee
10 174
-
232 000
-
income
2 035
-
46 400
-
total
2 035
-
46 400
-
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%.

221 826
232 000
-
-
total
-
-
-
-
Dividends
221 826
232 000
-
-
withholding
11 091
11 600
-
-
total
11 091
11 600
-
-
Income
232 000
232 000
232 000
232 000
Total tax
13 126
11 600
46 400
2 320
After tax
218 874
220 400
185 600
229 680
Living cost
8 140
8 140
8 140
8 140
Free-cash
210 734
212 260
177 460
221 540

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143650
₽111527
₽113432
₽136856
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
41 069
other
-
-
-
7 264
health
-
-
-
6 730
pensions

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

-
-
-
36 706
total
-
-
-
91 769
Employee
36 518
-
193 137
-
unemployment
365
-
1 529
-
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.

2 556
-
10 705
-
income
6 287
-
40 436
-
health
512
-
2 141
-
total
9 720
-
54 811
-
Employer
36 518
-
193 137
-
health
512
-
2 141
-
pensions

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

6 209
-
26 001
-
accident
292
-
1 546
-
unemployment
365
-
1 529
-
other
1 827
-
7 646
-
total
9 205
-
38 863
-
Corporate
186 279
232 000
-
-
income
39 119
48 721
-
-
total
39 119
48 721
-
-
Dividends
147 161
183 279
-
-
withholding
10 301
12 830
-
-
total
10 301
12 830
-
-
Income
232 000
232 000
232 000
232 000
Total tax
68 345
61 551
93 674
91 769
After tax
163 655
170 449
138 326
140 231
Living cost
26 799
26 799
26 799
26 799
Free-cash
136 856
143 650
111 527
113 432

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78976
₽62096
₽82785
₽87024
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
72 243
pensions
-
-
-
10 113
total
-
-
-
82 356
Employee
94 595
-
202 148
-
pensions
9 126
-
12 030
-
income
17 052
-
58 450
-
health
1 559
-
2 713
-
total
27 737
-
73 193
-
Employer
94 595
-
202 148
-
health
1 797
-
3 842
-
pensions
11 169
-
26 010
-
total
12 966
-
29 852
-
Corporate
124 439
232 000
-
-
income

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

23 644
44 079
-
-
total
23 644
44 079
-
-
Dividends
100 795
187 921
-
-
withholding
13 770
42 086
-
-
total
13 770
42 086
-
-
Income
232 000
232 000
232 000
232 000
Total tax
78 117
86 165
103 045
82 356
After tax
153 883
145 835
128 955
149 644
Living cost
66 859
66 859
66 859
66 859
Free-cash
87 024
78 976
62 096
82 785

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽185155
₽184289
₽174602
₽180477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
34 800
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
44 193
Employee
17 485
-
225 098
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
22 510
-
health
804
-
1 618
-
total
4 280
-
27 604
-
Employer
17 485
-
225 098
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
211 084
232 000
-
-
income
21 108
23 200
-
-
total
21 108
23 200
-
-
Dividends
189 976
208 800
-
-
withholding
9 498
10 440
-
-
total
9 498
10 440
-
-
Income
232 000
232 000
232 000
232 000
Total tax
38 318
33 640
34 506
44 193
After tax
193 682
198 360
197 494
187 807
Living cost
13 205
13 205
13 205
13 205
Free-cash
180 477
185 155
184 289
174 602

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59908
₽92594
₽68496
₽62439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
83 548
health
-
-
-
12 402
pensions
-
-
-
11 784
total
-
-
-
107 734
Employee
93 245
85 887
213 309
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
40 759
-
health
11 633
11 213
12 402
-
total
37 475
37 055
64 945
-
Employer
93 245
85 887
213 309
-
health
6 480
5 970
7 419
-
pensions
6 489
5 978
7 430
-
unemployment
3 357
3 092
3 842
-
total
16 326
15 040
18 691
-
Corporate
122 428
131 073
-
-
income
24 485
26 215
-
-
total
24 485
26 215
-
-
Dividends
97 943
104 859
-
-
income
20 813
22 283
-
-
withholding
14 692
15 729
-
-
total
35 505
38 012
-
-
Income
232 000
232 000
232 000
232 000
Total tax
113 791
116 322
83 636
107 734
After tax
118 209
115 678
148 364
124 266
Living cost
55 770
55 770
55 770
55 770
Free-cash
62 439
59 908
92 594
68 496

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134739
₽101931
₽112107
₽125822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
24 707
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
2 909
health
-
-
-
31 320
total
-
-
-
94 900
Employee
36 754
-
184 595
-
solidarity contribution
-
-
1 995
-
social contributions
2 389
-
8 006
-
income
4 411
-
22 750
-
health
4 962
-
24 920
-
total
11 762
-
57 671
-
Employer
36 754
-
184 595
-
health
3 308
-
16 614
-
social contributions
9 189
-
30 791
-
total
12 497
-
47 405
-
Corporate
182 749
232 000
-
-
income
34 722
44 080
-
-
total
34 722
44 080
-
-
Dividends
148 027
187 920
-
-
withholding
22 204
28 188
-
-
total
22 204
28 188
-
-
Income
232 000
232 000
232 000
232 000
Total tax
81 185
72 268
105 076
94 900
After tax
150 815
159 732
126 924
137 100
Living cost
24 993
24 993
24 993
24 993
Free-cash
125 822
134 739
101 931
112 107

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
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.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81342
₽61204
₽69732
₽76091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
social contributions
-
-
-
50 337
regional
-
-
-
2 961
municipal
-
-
-
1 452
national
-
-
-
65 079
total
-
-
-
119 829
Employee
89 385
-
232 000
-
municipal
473
-
1 328
-
national
15 488
-
58 348
-
regional
843
-
2 688
-
social contributions
30 141
-
65 993
-
total
46 945
-
128 357
-
Employer
89 385
-
232 000
-
total
-
-
-
-
Corporate
142 615
232 000
-
-
municipal
5 562
9 049
-
-
nationa
34 227
55 679
-
-
total
39 789
64 728
-
-
Dividends
102 827
167 272
-
-
withholding
26 736
43 491
-
-
total
26 736
43 491
-
-
Income
232 000
232 000
232 000
232 000
Total tax
113 470
108 219
128 357
119 829
After tax
118 530
123 781
103 643
112 171
Living cost
42 439
42 439
42 439
42 439
Free-cash
76 091
81 342
61 204
69 732

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123735
₽80717
₽86869
₽120603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
73 803
other
-
-
-
-
surtax
-
-
-
12 530
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
122 938
Employee
33 259
-
203 745
-
other
-
-
-
-
unemployment
2 315
-
9 343
-
pensions
2 218
-
8 953
-
surtax
109
-
11 328
-
income
5 575
-
67 789
-
health
849
-
3 422
-
total
11 066
-
100 835
-
Employer
33 259
-
203 745
-
health
1 514
-
6 108
-
pensions
4 434
-
17 893
-
unemployment
1 054
-
4 254
-
other
-
-
-
-
total
7 002
-
28 255
-
Corporate
191 740
232 000
-
-
income
49 853
60 319
-
-
total
49 853
60 319
-
-
Dividends
141 887
171 681
-
-
withholding
21 283
25 753
-
-
total
21 283
25 753
-
-
Income
232 000
232 000
232 000
232 000
Total tax
89 204
86 072
129 090
122 938
After tax
142 796
145 928
102 910
109 062
Living cost
22 193
22 193
22 193
22 193
Free-cash
120 603
123 735
80 717
86 869

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100159
₽83279
₽103968
₽106763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
72 243
pensions
-
-
-
10 113
total
-
-
-
82 356
Employee
63 395
-
202 148
-
pensions
5 381
-
12 030
-
income
11 418
-
58 450
-
health
920
-
2 713
-
total
17 719
-
73 193
-
Employer
63 395
-
202 148
-
health
1 204
-
3 842
-
pensions
6 863
-
26 010
-
total
8 067
-
29 852
-
Corporate
160 538
232 000
-
-
income

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

30 502
44 079
-
-
total
30 502
44 079
-
-
Dividends
130 036
187 921
-
-
withholding
23 273
42 086
-
-
total
23 273
42 086
-
-
Income
232 000
232 000
232 000
232 000
Total tax
79 561
86 165
103 045
82 356
After tax
152 439
145 835
128 955
149 644
Living cost
45 676
45 676
45 676
45 676
Free-cash
106 763
100 159
83 279
103 968

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26342
₽95873
₽104417
₽60464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
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.

-
-
-
4 639
regional
-
-
-
12 957
health
-
-
-
522
city
-
-
-
2 445
national
-
-
-
5 931
pensions
-
-
-
21 344
total
-
-
-
47 838
Employee
93 322
-
208 764
-
unemployment
-
-
-
-
pensions
7 840
-
16 293
-
national
442
-
4 890
-
regional
3 056
-
11 535
-
city
1 002
-
2 257
-
health
211
-
469
-
total
12 551
-
35 444
-
Employer
93 322
-
208 764
-
health
211
-
469
-
pensions
7 840
-
16 293
-
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.

1 866
-
4 176
-
total
9 917
-
20 938
-
Corporate
127 735
232 000
-
-
regional
27 015
49 068
-
-
national
10 857
19 720
-
-
total
37 872
68 788
-
-
Dividends
89 862
163 213
-
-
withholding
31 451
57 125
-
-
total
31 451
57 125
-
-
Income
232 000
232 000
232 000
232 000
Total tax
91 791
125 913
56 382
47 838
After tax
140 209
106 087
175 618
184 162
Living cost
79 745
79 745
79 745
79 745
Free-cash
60 464
26 342
95 873
104 417

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽68463
₽96982
₽65213
₽84768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
232 000
income

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

-
-
-
77 794
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.

-
-
-
4 279
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.

-
-
-
6 871
trade
-
-
-
31 769
total
-
-
-
120 713
Employee

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

60 444
-
232 000
-
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.

391
-
4 279
-
income

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

7 108
-
77 794
-
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.

6 871
-
6 871
-
total
14 370
-
88 944
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
171 556
232 000
-
-
income
25 734
34 799
-
-
surtax

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

1 416
1 914
-
-
chamber of commerce
395
479
-
-
trade
29 421
39 788
-
-
total
56 966
76 980
-
-
Dividends
114 591
155 019
-
-
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.

1 556
2 111
-
-
withholding
28 266
38 372
-
-
total
29 822
40 483
-
-
Income
232 000
232 000
232 000
232 000
Total tax
101 158
117 463
88 944
120 713
After tax
130 842
114 537
143 056
111 287
Living cost
46 074
46 074
46 074
46 074
Free-cash
84 768
68 463
96 982
65 213

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
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.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82517
₽84886
₽92047
₽88459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
44 078
other
-
-
-
7 192
surtax
-
-
-
-
social contributions
-
-
-
6 609
health
-
-
-
11 522
pensions
-
-
-
36 142
total
-
-
-
105 543
Employee
43 044
-
176 712
-
pensions
4 867
-
13 465
-
surtax
-
-
-
-
social contributions
1 227
-
5 035
-
income
2 540
-
38 915
-
total
8 634
-
57 415
-
Employer
43 044
-
176 712
-
health
3 014
-
17 745
-
pensions
7 071
-
22 459
-
unemployment
1 743
-
7 157
-
social contributions
130
-
531
-
other
1 485
-
7 397
-
total
13 443
-
55 289
-
Corporate
175 513
232 000
-
-
income
49 144
64 961
-
-
surtax
-
-
-
-
total
49 144
64 961
-
-
Dividends
126 369
167 039
-
-
surtax
-
-
-
-
social contributions
21 735
28 732
-
-
withholding
16 175
21 380
-
-
total
37 910
50 112
-
-
Income
232 000
232 000
232 000
232 000
Total tax
109 131
115 073
112 704
105 543
After tax
122 869
116 927
119 296
126 457
Living cost
34 410
34 410
34 410
34 410
Free-cash
88 459
82 517
84 886
92 047

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85926
₽88295
₽95456
₽91515
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
44 078
other
-
-
-
7 192
surtax
-
-
-
-
social contributions
-
-
-
6 609
health
-
-
-
11 522
pensions
-
-
-
36 142
total
-
-
-
105 543
Employee
38 423
-
176 712
-
pensions
4 346
-
13 465
-
surtax
-
-
-
-
social contributions
1 096
-
5 035
-
income
1 981
-
38 915
-
total
7 423
-
57 415
-
Employer
38 423
-
176 712
-
health
2 689
-
17 745
-
pensions
6 314
-
22 459
-
unemployment
1 556
-
7 157
-
social contributions
115
-
531
-
other
1 326
-
7 397
-
total
12 000
-
55 289
-
Corporate
181 577
232 000
-
-
income
50 841
64 961
-
-
surtax
-
-
-
-
total
50 841
64 961
-
-
Dividends
130 736
167 039
-
-
surtax
-
-
-
-
social contributions
22 485
28 732
-
-
withholding
16 735
21 380
-
-
total
39 220
50 112
-
-
Income
232 000
232 000
232 000
232 000
Total tax
109 484
115 073
112 704
105 543
After tax
122 516
116 927
119 296
126 457
Living cost
31 001
31 001
31 001
31 001
Free-cash
91 515
85 926
88 295
95 456

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120214
₽121267
₽127663
₽120735
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
34 799
social contributions
-
-
-
32 017
health
-
-
-
16 194
total
-
-
-
83 010
Employee
34 101
-
232 000
-
social contributions
4 707
-
32 017
-
income
5 688
-
41 195
-
health
2 380
-
16 194
-
total
12 775
-
89 406
-
Employer
34 101
-
232 000
-
total
-
-
-
-
Corporate
197 899
232 000
-
-
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%.

9 894
11 600
-
-
total
9 894
11 600
-
-
Dividends
188 005
220 400
-
-
social contributions
25 945
30 415
-
-
withholding
28 201
33 061
-
-
health
13 123
15 383
-
-
total
67 269
78 859
-
-
Income
232 000
232 000
232 000
232 000
Total tax
89 938
90 459
89 406
83 010
After tax
142 062
141 541
142 594
148 990
Living cost
21 327
21 327
21 327
21 327
Free-cash
120 735
120 214
121 267
127 663

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92406
₽25324
₽83318
₽90845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
75 223
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
928
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
113 243
Employee
50 263
40 080
192 511
-
other
502
401
1 176
-
unemployment
1 508
1 202
3 525
-
pensions
5 147
4 103
12 032
-
income
5 722
2 956
63 297
-
health
1 945
1 552
4 546
-
total
14 824
10 214
84 576
-
Employer
50 263
40 080
192 511
-
chamber of commerce
200
160
769
-
health
1 899
1 515
4 441
-
pensions
6 308
5 031
14 746
-
accident
653
521
1 527
-
unemployment
1 508
1 202
3 525
-
surtax
198
198
198
-
payroll
1 508
1 202
5 775
-
other
2 388
1 903
8 507
-
total
14 662
11 732
39 488
-
Corporate
167 075
180 185
188 694
-
income

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

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

41 770
45 047
47 173
-
total
41 770
45 047
47 173
-
Dividends
125 306
135 139
-
-
withholding
34 460
37 162
-
-
total
34 460
37 162
-
-
Income
232 000
232 000
232 000
232 000
Total tax
105 716
104 155
171 237
113 243
After tax
126 284
127 845
60 763
118 757
Living cost
35 439
35 439
35 439
35 439
Free-cash
90 845
92 406
25 324
83 318

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90321
₽41952
₽64264
₽77881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
communal

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

-
-
-
12 415
social contributions
-
-
-
25 075
national
-
-
-
93 575
total
-
-
-
131 065
Employee

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

71 942
-
179 689
-
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.

626
-
1 563
-
communal

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

3 752
-
9 373
-
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.

5 396
-
13 477
-
national
22 118
-
68 213
-
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.

3 380
-
8 446
-
total
35 272
-
101 072
-
Employer

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

71 942
-
179 689
-
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.

4 424
-
11 051
-
pensions

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

6 375
-
15 920
-
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.

935
-
2 334
-
unemployment

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

1 050
-
2 624
-
surtax
8 157
-
20 376
-
total
20 941
-
52 305
-
Corporate
139 117
232 000
-
-
income
27 823
50 103
-
-
surtax
557
1 002
-
-
total
28 380
51 105
-
-
Dividends
110 736
180 895
-
-
withholding

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

32 855
53 903
-
-
total
32 855
53 903
-
-
Income
232 000
232 000
232 000
232 000
Total tax
117 448
105 008
153 377
131 065
After tax
114 552
126 992
78 623
100 935
Living cost
36 671
36 671
36 671
36 671
Free-cash
77 881
90 321
41 952
64 264

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117661
₽89042
₽93260
₽110769
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
accident
-
-
-
840
income
-
-
-
74 450
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
102 418
Employee
50 064
-
202 281
-
other
50
-
94
-
unemployment
777
-
1 445
-
pensions
2 353
-
4 382
-
income
10 563
-
70 997
-
total
13 743
-
76 918
-
Employer
50 064
-
202 281
-
pensions
11 814
-
22 000
-
accident
991
-
1 846
-
unemployment
2 754
-
5 126
-
other
399
-
746
-
total
15 958
-
29 718
-
Corporate
165 979
232 000
-
-
income

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

24 898
34 799
-
-
total
24 898
34 799
-
-
Dividends
141 081
197 201
-
-
withholding
30 310
43 218
-
-
total
30 310
43 218
-
-
Income
232 000
232 000
232 000
232 000
Total tax
84 909
78 017
106 636
102 418
After tax
147 091
153 983
125 364
129 582
Living cost
36 322
36 322
36 322
36 322
Free-cash
110 769
117 661
89 042
93 260

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76229
₽63160
₽53907
₽62394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
communal
-
-
-
14 662
accident
-
-
-
1 956
income
-
-
-
44 244
surtax
-
-
-
11 501
health
-
-
-
16 299
pensions
-
-
-
34 775
total
-
-
-
123 437
Employee
76 164
-
207 236
-
pensions
6 092
-
16 578
-
surtax
4 668
-
12 700
-
income
7 357
-
50 924
-
health
3 390
-
9 220
-
total
21 507
-
89 422
-
Employer
76 164
-
207 236
-
health
2 323
-
6 319
-
pensions
6 092
-
16 578
-
accident
685
-
1 865
-
total
9 100
-
24 762
-
Corporate
146 735
232 000
-
-
communal
9 904
15 660
-
-
income
22 010
34 799
-
-
surtax
1 540
2 435
-
-
total
33 454
52 894
-
-
Dividends
113 282
179 105
-
-
income
33 897
21 356
-
-
withholding
16 992
26 865
-
-
total
50 889
48 221
-
-
Income
232 000
232 000
232 000
232 000
Total tax
114 950
101 115
114 184
123 437
After tax
117 050
130 885
117 816
108 563
Living cost
54 656
54 656
54 656
54 656
Free-cash
62 394
76 229
63 160
53 907

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123338
₽80320
₽86472
₽120138
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
73 803
other
-
-
-
-
surtax
-
-
-
12 530
unemployment
-
-
-
229
health
-
-
-
9 530
pensions
-
-
-
26 846
total
-
-
-
122 938
Employee
33 870
-
203 745
-
other
-
-
-
-
unemployment
2 357
-
9 343
-
pensions
2 260
-
8 953
-
surtax
120
-
11 328
-
income
5 678
-
67 789
-
health
865
-
3 422
-
total
11 280
-
100 835
-
Employer
33 870
-
203 745
-
health
1 540
-
6 108
-
pensions
4 516
-
17 893
-
unemployment
1 075
-
4 254
-
other
-
-
-
-
total
7 131
-
28 255
-
Corporate
190 999
232 000
-
-
income
49 660
60 319
-
-
total
49 660
60 319
-
-
Dividends
141 340
171 681
-
-
withholding
21 201
25 753
-
-
total
21 201
25 753
-
-
Income
232 000
232 000
232 000
232 000
Total tax
89 272
86 072
129 090
122 938
After tax
142 728
145 928
102 910
109 062
Living cost
22 590
22 590
22 590
22 590
Free-cash
120 138
123 338
80 320
86 472

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94852
₽75868
₽84351
₽92616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
social contributions
-
-
-
50 337
regional
-
-
-
3 688
municipal
-
-
-
1 452
national
-
-
-
65 079
total
-
-
-
120 556
Employee
55 790
-
232 000
-
municipal
296
-
1 328
-
national
8 839
-
58 348
-
regional
751
-
3 370
-
social contributions
18 813
-
65 993
-
total
28 699
-
129 039
-
Employer
55 790
-
232 000
-
total
-
-
-
-
Corporate
176 210
232 000
-
-
municipal
8 759
11 530
-
-
nationa
42 291
55 679
-
-
total
51 050
67 209
-
-
Dividends
125 161
164 791
-
-
withholding
32 542
42 846
-
-
total
32 542
42 846
-
-
Income
232 000
232 000
232 000
232 000
Total tax
112 291
110 055
129 039
120 556
After tax
119 709
121 945
102 961
111 444
Living cost
27 093
27 093
27 093
27 093
Free-cash
92 616
94 852
75 868
84 351

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128934
₽96126
₽106302
₽117947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
24 707
social contributions
-
-
-
35 964
solidarity contribution
-
-
-
2 909
health
-
-
-
31 320
total
-
-
-
94 900
Employee
45 291
-
184 595
-
solidarity contribution
-
-
1 995
-
social contributions
2 944
-
8 006
-
income
5 435
-
22 750
-
health
6 114
-
24 920
-
total
14 493
-
57 671
-
Employer
45 291
-
184 595
-
health
4 076
-
16 614
-
social contributions
11 323
-
30 791
-
total
15 399
-
47 405
-
Corporate
171 310
232 000
-
-
income
32 549
44 080
-
-
total
32 549
44 080
-
-
Dividends
138 761
187 920
-
-
withholding
20 814
28 188
-
-
total
20 814
28 188
-
-
Income
232 000
232 000
232 000
232 000
Total tax
83 255
72 268
105 076
94 900
After tax
148 745
159 732
126 924
137 100
Living cost
30 798
30 798
30 798
30 798
Free-cash
117 947
128 934
96 126
106 302

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
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.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95865
₽28726
₽86868
₽95363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
75 223
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
928
health
-
-
-
8 988
pensions
-
-
-
21 737
total
-
-
-
113 045
Employee
43 964
40 080
192 694
-
other
439
401
1 176
-
unemployment
1 319
1 202
3 525
-
pensions
4 502
4 103
12 032
-
income
3 916
2 956
63 384
-
health
1 701
1 552
4 546
-
total
11 877
10 214
84 663
-
Employer
43 964
40 080
192 694
-
chamber of commerce
176
160
771
-
health
1 662
1 515
4 441
-
pensions
5 518
5 031
14 746
-
accident
571
521
1 527
-
unemployment
1 319
1 202
3 525
-
surtax
-
-
-
-
payroll
1 319
1 202
5 781
-
other
2 088
1 903
8 512
-
total
12 653
11 534
39 303
-
Corporate
175 384
180 384
188 879
-
income

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

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

43 846
45 096
47 221
-
total
43 846
45 096
47 221
-
Dividends
131 538
135 288
-
-
withholding
36 174
37 204
-
-
total
36 174
37 204
-
-
Income
232 000
232 000
232 000
232 000
Total tax
104 550
104 048
171 187
113 045
After tax
127 450
127 952
60 813
118 955
Living cost
32 087
32 087
32 087
32 087
Free-cash
95 363
95 865
28 726
86 868

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽207716
₽172916
₽216996
₽205338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
232 000
microenterprise

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

-
-
-
2 320
total
-
-
-
2 320
Employee
15 855
-
232 000
-
income
3 171
-
46 400
-
total
3 171
-
46 400
-
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%.

216 145
232 000
-
-
total
-
-
-
-
Dividends
216 145
232 000
-
-
withholding
10 807
11 600
-
-
total
10 807
11 600
-
-
Income
232 000
232 000
232 000
232 000
Total tax
13 978
11 600
46 400
2 320
After tax
218 022
220 400
185 600
229 680
Living cost
12 684
12 684
12 684
12 684
Free-cash
205 338
207 716
172 916
216 996

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132755
₽75091
₽80128
₽124342
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
232 000
income
-
-
-
59 351
unemployment
-
-
-
347
health
-
-
-
22 829
pensions
-
-
-
42 369
total
-
-
-
124 896
Employee

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

44 474
-
200 745
-
unemployment
63
-
281
-
pensions
6 894
-
31 116
-
income
7 670
-
54 314
-
health
2 872
-
12 967
-
total
17 499
-
98 678
-
Employer

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

44 474
-
200 745
-
health
2 962
-
13 370
-
pensions
3 936
-
17 765
-
unemployment
27
-
120
-
total
6 925
-
31 255
-
Corporate
180 601
232 000
-
-
income
34 315
44 081
-
-
total
34 315
44 081
-
-
Dividends
146 287
187 919
-
-
withholding
21 943
28 188
-
-
total
21 943
28 188
-
-
Income
232 000
232 000
232 000
232 000
Total tax
80 682
72 269
129 933
124 896
After tax
151 318
159 731
102 067
107 104
Living cost
26 976
26 976
26 976
26 976
Free-cash
124 342
132 755
75 091
80 128

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97146
₽174581
₽116328
₽48638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
45 221
social contributions
-
-
-
26 448
total
-
-
-
71 669
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
79 942
232 000
-
-
income
17 587
51 040
-
-
total
17 587
51 040
-
-
Dividends
62 355
180 960
-
-
income
13 718
39 811
-
-
total
13 718
39 811
-
-
Income
232 000
232 000
232 000
232 000
Total tax
139 359
90 851
13 416
71 669
After tax
92 641
141 149
218 584
160 331
Living cost
44 003
44 003
44 003
44 003
Free-cash
48 638
97 146
174 581
116 328

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
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.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100414
₽70847
₽89181
₽99402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
232 000
income
-
-
-
30 653
surtax
-
-
-
-
social contributions

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

-
-
-
80 619
total
-
-
-
111 272
Employee
46 257
-
187 474
-
surtax
-
-
355
-
social contributions
5 088
-
20 622
-
income
9 622
-
64 103
-
total
14 710
-
85 080
-
Employer
46 257
-
187 474
-
social contributions
10 986
-
44 526
-
total
10 986
-
44 526
-
Corporate
174 758
232 000
-
-
income
36 698
48 721
-
-
surtax
-
-
-
-
total
36 698
48 721
-
-
Dividends
138 059
183 279
-
-
withholding
38 657
51 318
-
-
total
38 657
51 318
-
-
Income
232 000
232 000
232 000
232 000
Total tax
101 051
100 039
129 606
111 272
After tax
130 949
131 961
102 394
120 728
Living cost
31 547
31 547
31 547
31 547
Free-cash
99 402
100 414
70 847
89 181

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
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.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68351
₽70720
₽77881
₽75264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
44 078
other
-
-
-
7 192
surtax
-
-
-
-
social contributions
-
-
-
6 609
health
-
-
-
11 522
pensions
-
-
-
36 142
total
-
-
-
105 543
Employee
62 992
-
176 712
-
pensions
7 125
-
13 465
-
surtax
-
-
-
-
social contributions
1 794
-
5 035
-
income
5 496
-
38 915
-
total
14 415
-
57 415
-
Employer
62 992
-
176 712
-
health
4 409
-
17 745
-
pensions
10 350
-
22 459
-
unemployment
2 552
-
7 157
-
social contributions
189
-
531
-
other
2 174
-
7 397
-
total
19 674
-
55 289
-
Corporate
149 334
232 000
-
-
income
41 814
64 961
-
-
surtax
-
-
-
-
total
41 814
64 961
-
-
Dividends
107 521
167 039
-
-
surtax
-
-
-
-
social contributions
18 494
28 732
-
-
withholding
13 763
21 380
-
-
total
32 257
50 112
-
-
Income
232 000
232 000
232 000
232 000
Total tax
108 160
115 073
112 704
105 543
After tax
123 840
116 927
119 296
126 457
Living cost
48 576
48 576
48 576
48 576
Free-cash
75 264
68 351
70 720
77 881

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178567
₽144905
₽138738
₽175189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
11 988
social contributions
-
-
-
51 042
total
-
-
-
63 030
Employee
32 334
-
200 865
-
income
-
-
12 673
-
social contributions
2 101
-
13 055
-
total
2 101
-
25 728
-
Employer
32 334
-
200 865
-
social contributions
5 012
-
31 135
-
total
5 012
-
31 135
-
Corporate
194 654
232 000
-
-
income
19 466
23 201
-
-
total
19 466
23 201
-
-
Dividends
175 189
208 799
-
-
total
-
-
-
-
Income
232 000
232 000
232 000
232 000
Total tax
26 579
23 201
56 863
63 030
After tax
205 421
208 799
175 137
168 970
Living cost
30 232
30 232
30 232
30 232
Free-cash
175 189
178 567
144 905
138 738

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12974
₽12974
₽85241
₽7388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
labour market
-
-
-
18 490
municipal
-
-
-
49 958
national
-
-
-
29 026
pensions
-
-
-
871
total
-
-
-
98 345
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
12 973
-
-
-
income
2 854
-
-
-
total
2 854
-
-
-
Dividends
10 119
-
-
-
withholding
2 732
-
-
-
total
2 732
-
-
-
Income
232 000
232 000
232 000
232 000
Total tax
176 198
170 612
170 612
98 345
After tax
55 802
61 388
61 388
133 655
Living cost
48 414
48 414
48 414
48 414
Free-cash
7 388
12 974
12 974
85 241

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3278
₽105798
₽136337
₽15406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
accident
-
-
-
257
income
-
-
-
66 502
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
73 593
Employee
34 717
-
212 046
-
pensions
3 909
-
7 768
-
income
4 763
-
52 131
-
health
3 975
-
24 279
-
total
12 647
-
84 178
-
Employer
34 717
-
212 046
-
pensions
5 645
-
11 218
-
accident
580
-
3 541
-
unemployment
851
-
5 195
-
total
7 076
-
19 954
-
Corporate
190 207
232 000
-
-
income

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

171 187
208 800
-
-
total
171 187
208 800
-
-
Dividends
19 021
23 200
-
-
withholding
3 614
4 408
-
-
total
3 614
4 408
-
-
Income
232 000
232 000
232 000
232 000
Total tax
194 524
213 208
104 132
73 593
After tax
37 476
18 792
127 868
158 407
Living cost
22 070
22 070
22 070
22 070
Free-cash
15 406
-3 278
105 798
136 337

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103355
₽76481
₽103055
₽106463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
232 000
health
-
-
-
3 153
municipal
-
-
-
41 193
national
-
-
-
45 986
total
-
-
-
90 332
Employee
52 914
-
195 172
-
municipal
8 667
-
31 767
-
unemployment
794
-
2 928
-
pensions
3 571
-
13 175
-
national
874
-
29 622
-
health
395
-
2 586
-
total
14 301
-
80 078
-
Employer
52 914
-
195 172
-
health
407
-
1 502
-
pensions
9 180
-
33 862
-
accident
53
-
195
-
unemployment
344
-
1 269
-
total
9 984
-
36 828
-
Corporate
169 102
232 000
-
-
income
33 820
46 400
-
-
total
33 820
46 400
-
-
Dividends

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

101 461
139 200
-
-
municipal
18 263
25 056
-
-
national
10 556
18 576
-
-
total
28 819
43 632
-
-
Income
232 000
232 000
232 000
232 000
Total tax
86 924
90 032
116 906
90 332
After tax
145 076
141 968
115 094
141 668
Living cost
38 613
38 613
38 613
38 613
Free-cash
106 463
103 355
76 481
103 055

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145782
₽130648
₽132539
₽140308
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
53 985
social contributions
-
-
-
16 273
health
-
-
-
5 917
total
-
-
-
76 175
Employee
77 337
77 337
219 285
-
social contributions
2 924
6 419
8 657
-
income
8 421
7 159
52 967
-
health
599
1 315
3 727
-
total
11 944
14 893
65 351
-
Employer
77 337
77 337
219 285
-
health
651
1 431
4 058
-
social contributions
2 924
6 419
8 657
-
total
3 575
7 850
12 715
-
Corporate
193 195
146 813
-
-
income
24 149
18 351
-
-
total
24 149
18 351
-
-
Dividends
169 046
128 462
-
-
withholding
28 738
21 838
-
-
total
28 738
21 838
-
-
Income
232 000
232 000
232 000
232 000
Total tax
68 406
62 932
78 066
76 175
After tax
163 594
169 068
153 934
155 825
Living cost
23 286
23 286
23 286
23 286
Free-cash
140 308
145 782
130 648
132 539

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
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.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽176152
₽161737
₽181907
₽171035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
232 000
income
-
-
-
24 058
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
34 125
Employee

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

23 085
-
222 171
-
unemployment
115
-
477
-
pensions
3 462
-
14 314
-
income
1 578
-
21 563
-
health
1 962
-
8 112
-
total
7 117
-
44 466
-
Employer

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

23 085
-
222 171
-
health
992
-
4 103
-
pensions
1 269
-
5 249
-
unemployment
115
-
477
-
total
2 376
-
9 829
-
Corporate
206 538
232 000
-
-
income
18 588
20 880
-
-
total
18 588
20 880
-
-
Dividends
187 951
211 120
-
-
withholding
16 916
19 000
-
-
total
16 916
19 000
-
-
Income
232 000
232 000
232 000
232 000
Total tax
44 997
39 880
54 295
34 125
After tax
187 003
192 120
177 705
197 875
Living cost
15 968
15 968
15 968
15 968
Free-cash
171 035
176 152
161 737
181 907

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126326
₽97707
₽101925
₽121883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
accident
-
-
-
840
income
-
-
-
74 450
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
102 418
Employee
37 188
-
202 281
-
other
36
-
94
-
unemployment
576
-
1 445
-
pensions
1 748
-
4 382
-
income
7 170
-
70 997
-
total
9 530
-
76 918
-
Employer
37 188
-
202 281
-
pensions
8 776
-
22 000
-
accident
737
-
1 846
-
unemployment
2 046
-
5 126
-
other
298
-
746
-
total
11 857
-
29 718
-
Corporate
182 955
232 000
-
-
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.

27 444
34 799
-
-
total
27 444
34 799
-
-
Dividends
155 512
197 201
-
-
withholding
33 629
43 218
-
-
total
33 629
43 218
-
-
Income
232 000
232 000
232 000
232 000
Total tax
82 460
78 017
106 636
102 418
After tax
149 540
153 983
125 364
129 582
Living cost
27 657
27 657
27 657
27 657
Free-cash
121 883
126 326
97 707
101 925

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142809
₽147551
₽147690
₽142488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
79 886
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
82 351
Employee
2 983
-
230 393
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
79 811
-
health
149
-
357
-
total
1 024
-
80 882
-
Employer
2 983
-
230 393
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
228 346
232 000
-
-
income
50 236
51 040
-
-
total
50 236
51 040
-
-
Dividends
178 110
180 960
-
-
withholding
35 622
36 192
-
-
total
35 622
36 192
-
-
Income
232 000
232 000
232 000
232 000
Total tax
87 553
87 232
82 490
82 351
After tax
144 447
144 768
149 510
149 649
Living cost
1 959
1 959
1 959
1 959
Free-cash
142 488
142 809
147 551
147 690

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150227
₽132713
₽132712
₽145278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
232 000
income
-
-
-
53 799
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
81 895
Employee

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

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

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

26 227
-
218 696
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
53 799
-
health
1 351
-
3 828
-
total
8 835
-
68 590
-
Employer

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

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

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

26 227
-
218 696
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
201 078
232 000
-
-
income
30 162
34 800
-
-
total
30 162
34 800
-
-
Dividends
170 916
197 200
-
-
withholding
25 637
29 580
-
-
total
25 637
29 580
-
-
Income
232 000
232 000
232 000
232 000
Total tax
69 329
64 380
81 894
81 895
After tax
162 671
167 620
150 106
150 105
Living cost
17 393
17 393
17 393
17 393
Free-cash
145 278
150 227
132 713
132 712

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104847
₽75280
₽93614
₽104484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
232 000
income
-
-
-
30 653
surtax
-
-
-
-
social contributions

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

-
-
-
80 619
total
-
-
-
111 272
Employee
39 035
-
187 474
-
surtax
-
-
355
-
social contributions
4 294
-
20 622
-
income
7 627
-
64 103
-
total
11 921
-
85 080
-
Employer
39 035
-
187 474
-
social contributions
9 270
-
44 526
-
total
9 270
-
44 526
-
Corporate
183 695
232 000
-
-
income
38 577
48 721
-
-
surtax
-
-
-
-
total
38 577
48 721
-
-
Dividends
145 118
183 279
-
-
withholding
40 634
51 318
-
-
total
40 634
51 318
-
-
Income
232 000
232 000
232 000
232 000
Total tax
100 402
100 039
129 606
111 272
After tax
131 598
131 961
102 394
120 728
Living cost
27 114
27 114
27 114
27 114
Free-cash
104 484
104 847
75 280
93 614

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118637
₽90018
₽94236
₽112054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
accident
-
-
-
840
income
-
-
-
74 450
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
102 418
Employee
48 573
-
202 281
-
other
48
-
94
-
unemployment
752
-
1 445
-
pensions
2 283
-
4 382
-
income
10 145
-
70 997
-
total
13 228
-
76 918
-
Employer
48 573
-
202 281
-
pensions
11 463
-
22 000
-
accident
962
-
1 846
-
unemployment
2 672
-
5 126
-
other
389
-
746
-
total
15 486
-
29 718
-
Corporate
167 941
232 000
-
-
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.

25 192
34 799
-
-
total
25 192
34 799
-
-
Dividends
142 749
197 201
-
-
withholding
30 694
43 218
-
-
total
30 694
43 218
-
-
Income
232 000
232 000
232 000
232 000
Total tax
84 600
78 017
106 636
102 418
After tax
147 400
153 983
125 364
129 582
Living cost
35 346
35 346
35 346
35 346
Free-cash
112 054
118 637
90 018
94 236

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽181035
₽180169
₽170482
₽174898
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
34 800
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
44 193
Employee
22 941
-
225 098
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
22 510
-
health
1 055
-
1 618
-
total
5 615
-
27 604
-
Employer
22 941
-
225 098
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
204 558
232 000
-
-
income
20 456
23 200
-
-
total
20 456
23 200
-
-
Dividends
184 103
208 800
-
-
withholding
9 205
10 440
-
-
total
9 205
10 440
-
-
Income
232 000
232 000
232 000
232 000
Total tax
39 777
33 640
34 506
44 193
After tax
192 223
198 360
197 494
187 807
Living cost
17 325
17 325
17 325
17 325
Free-cash
174 898
181 035
180 169
170 482

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80482
₽104227
₽77646
₽93638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
232 000
income

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

-
-
-
77 794
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.

-
-
-
4 279
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.

-
-
-
6 871
trade
-
-
-
26 581
total
-
-
-
115 525
Employee

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

50 042
-
232 000
-
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.

227
-
4 279
-
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.

4 115
-
77 794
-
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.

6 871
-
6 871
-
total
11 213
-
88 944
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 958
232 000
-
-
income
27 293
34 799
-
-
surtax

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

1 500
1 914
-
-
chamber of commerce
420
492
-
-
trade
26 111
33 292
-
-
total
55 324
70 497
-
-
Dividends
126 633
161 502
-
-
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.

1 720
2 199
-
-
withholding
31 276
39 993
-
-
total
32 996
42 192
-
-
Income
232 000
232 000
232 000
232 000
Total tax
99 533
112 689
88 944
115 525
After tax
132 467
119 311
143 056
116 475
Living cost
38 829
38 829
38 829
38 829
Free-cash
93 638
80 482
104 227
77 646

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105109
₽58557
₽58557
₽107328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
76 176
social contributions
-
-
-
39 975
total
-
-
-
116 151
Employee
78 672
-
232 000
-
income
14 845
-
76 176
-
social contributions
6 536
-
39 975
-
total
21 381
-
116 151
-
Employer
78 672
-
232 000
-
total
-
-
-
-
Corporate
153 328
232 000
-
-
income
19 166
28 999
-
-
total
19 166
28 999
-
-
Dividends
134 162
203 001
-
-
withholding
26 833
40 600
-
-
total
26 833
40 600
-
-
Income
232 000
232 000
232 000
232 000
Total tax
67 380
69 599
116 151
116 151
After tax
164 620
162 401
115 849
115 849
Living cost
57 292
57 292
57 292
57 292
Free-cash
107 328
105 109
58 557
58 557

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108978
₽125101
₽154615
₽112491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
232 000
income
-
-
-
34 799
health

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

-
-
-
6 077
total
-
-
-
40 876
Employee
46 138
-
227 374
-
income
5 006
-
61 138
-
social contributions
4 623
-
4 626
-
total
9 629
-
65 764
-
Employer
46 138
-
227 374
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
181 240
232 000
-
-
income
63 434
81 199
-
-
total
63 434
81 199
-
-
Dividends
117 806
150 801
-
-
social contributions
5 314
5 314
-
-
total
5 314
5 314
-
-
Income
232 000
232 000
232 000
232 000
Total tax
83 000
86 513
70 390
40 876
After tax
149 000
145 487
161 610
191 124
Living cost
36 509
36 509
36 509
36 509
Free-cash
112 491
108 978
125 101
154 615

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108702
₽91822
₽112511
₽114622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
72 243
pensions
-
-
-
10 113
total
-
-
-
82 356
Employee
50 971
-
202 148
-
pensions
3 890
-
12 030
-
income
9 282
-
58 450
-
health
665
-
2 713
-
total
13 837
-
73 193
-
Employer
50 971
-
202 148
-
health
969
-
3 842
-
pensions
5 150
-
26 010
-
total
6 119
-
29 852
-
Corporate
174 911
232 000
-
-
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.

33 234
44 079
-
-
total
33 234
44 079
-
-
Dividends
141 677
187 921
-
-
withholding
27 055
42 086
-
-
total
27 055
42 086
-
-
Income
232 000
232 000
232 000
232 000
Total tax
80 245
86 165
103 045
82 356
After tax
151 755
145 835
128 955
149 644
Living cost
37 133
37 133
37 133
37 133
Free-cash
114 622
108 702
91 822
112 511

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽5463
₽103613
₽134152
₽15072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
accident
-
-
-
257
income
-
-
-
66 502
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
73 593
Employee
38 154
-
212 046
-
pensions
4 296
-
7 768
-
income
5 234
-
52 131
-
health
4 368
-
24 279
-
total
13 898
-
84 178
-
Employer
38 154
-
212 046
-
pensions
6 204
-
11 218
-
accident
637
-
3 541
-
unemployment
935
-
5 195
-
total
7 776
-
19 954
-
Corporate
186 071
232 000
-
-
income

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

167 464
208 800
-
-
total
167 464
208 800
-
-
Dividends
18 607
23 200
-
-
withholding
3 535
4 408
-
-
total
3 535
4 408
-
-
Income
232 000
232 000
232 000
232 000
Total tax
192 673
213 208
104 132
73 593
After tax
39 327
18 792
127 868
158 407
Living cost
24 255
24 255
24 255
24 255
Free-cash
15 072
-5 463
103 613
134 152

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163891
₽157210
₽135089
₽160847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
232 000
income
-
-
-
39 080
unemployment
-
-
-
1 931
work injury
-
-
-
804
health insurance
-
-
-
11 905
pensions
-
-
-
29 602
total
-
-
-
83 322
Employee

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

21 742
-
232 000
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
39 080
-
total
8 153
-
61 201
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
210 258
232 000
-
-
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%.

21 026
23 200
-
-
total
21 026
23 200
-
-
Dividends
189 233
208 800
-
-
withholding
28 385
31 320
-
-
total
28 385
31 320
-
-
Income
232 000
232 000
232 000
232 000
Total tax
57 564
54 520
61 201
83 322
After tax
174 436
177 480
170 799
148 678
Living cost
13 589
13 589
13 589
13 589
Free-cash
160 847
163 891
157 210
135 089

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82136
₽60906
₽69168
₽77559
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
social contributions
-
-
-
50 337
regional
-
-
-
5 713
municipal
-
-
-
1 636
national
-
-
-
65 079
total
-
-
-
122 765
Employee
84 751
-
232 000
-
municipal
506
-
1 494
-
national
14 322
-
58 348
-
regional
1 280
-
5 192
-
social contributions
28 577
-
65 993
-
total
44 685
-
131 027
-
Employer
84 751
-
232 000
-
total
-
-
-
-
Corporate
147 249
232 000
-
-
municipal
7 098
11 182
-
-
nationa
35 340
55 679
-
-
total
42 438
66 861
-
-
Dividends
104 812
165 138
-
-
withholding
27 251
42 936
-
-
total
27 251
42 936
-
-
Income
232 000
232 000
232 000
232 000
Total tax
114 374
109 797
131 027
122 765
After tax
117 626
122 203
100 973
109 235
Living cost
40 067
40 067
40 067
40 067
Free-cash
77 559
82 136
60 906
69 168

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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