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
₽88484
₽113706
₽84037
₽98861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 112
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.

-
-
-
4 352
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.

-
-
-
6 410
trade
-
-
-
29 669
total
-
-
-
119 543
Employee

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

35 888
-
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.

55
-
4 352
-
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.

1 002
-
79 112
-
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.

6 410
-
6 410
-
total
7 467
-
89 874
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
196 112
232 000
-
-
income
29 417
34 800
-
-
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.

1 619
1 914
-
-
chamber of commerce
424
475
-
-
trade
30 888
36 540
-
-
total
62 348
73 729
-
-
Dividends
133 764
158 270
-
-
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.

1 820
2 156
-
-
withholding
33 084
39 211
-
-
total
34 904
41 367
-
-
Income
232 000
232 000
232 000
232 000
Total tax
104 719
115 096
89 874
119 543
After tax
127 281
116 904
142 126
112 457
Living cost
28 420
28 420
28 420
28 420
Free-cash
98 861
88 484
113 706
84 037

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94812
₽82705
₽81459
₽93982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 829
national
-
-
-
44 422
pensions
-
-
-
27 840
total
-
-
-
100 585
Employee
77 442
-
200 562
-
municipal
9 565
-
26 727
-
pensions
3 098
-
8 022
-
national
14 822
-
46 389
-
total
27 485
-
81 138
-
Employer
77 442
-
200 562
-
pensions
6 195
-
16 045
-
social contributions
832
-
2 156
-
total
7 027
-
18 201
-
Corporate
142 419
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%.

28 484
46 400
-
-
total
28 484
46 400
-
-
Dividends
113 936
185 600
-
-
withholding
25 066
40 832
-
-
total
25 066
40 832
-
-
Income
232 000
232 000
232 000
232 000
Total tax
88 062
87 232
99 339
100 585
After tax
143 938
144 768
132 661
131 415
Living cost
49 956
49 956
49 956
49 956
Free-cash
93 982
94 812
82 705
81 459

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166080
₽82448
₽66269
₽158383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
51 098
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.

-
-
-
35 951
microenterprise
-
-
-
-
total
-
-
-
146 210
Employee
27 418
-
184 739
-
surtax
-
-
26 787
-
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.

3 016
-
12 300
-
income
4 881
-
43 683
-
total
7 897
-
82 770
-
Employer
27 418
-
184 739
-
social contributions

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

6 604
-
26 939
-
surtax
-
-
20 322
-
total
6 604
-
47 261
-
Corporate
197 978
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%.

39 595
46 399
-
-
total
39 595
46 399
-
-
Dividends

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

158 383
185 601
-
-
total
-
-
-
-
Income
232 000
232 000
232 000
232 000
Total tax
54 096
46 399
130 031
146 210
After tax
177 904
185 601
101 969
85 790
Living cost
19 521
19 521
19 521
19 521
Free-cash
158 383
166 080
82 448
66 269

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76549
₽109031
₽84134
₽70799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
85 996
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
108 559
Employee
80 127
80 127
214 562
-
pensions
14 423
10 993
10 993
-
income

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

13 116
13 116
43 662
-
health
12 299
10 461
11 570
-
total
39 838
34 570
66 225
-
Employer
80 127
80 127
214 562
-
health
5 570
5 570
6 921
-
pensions
5 577
5 577
6 932
-
unemployment
2 885
2 885
3 584
-
total
14 032
14 032
17 437
-
Corporate
138 824
137 841
-
-
income
27 765
27 567
-
-
total
27 765
27 567
-
-
Dividends
111 059
110 274
-
-
income
23 600
23 433
-
-
withholding
16 659
16 542
-
-
total
40 259
39 975
-
-
Income
232 000
232 000
232 000
232 000
Total tax
121 894
116 144
83 662
108 559
After tax
110 106
115 856
148 338
123 441
Living cost
39 307
39 307
39 307
39 307
Free-cash
70 799
76 549
109 031
84 134

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89188
₽76634
₽77543
₽88346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
62 085
national
-
-
-
31 089
pensions
-
-
-
8 881
total
-
-
-
116 973
Employee
53 411
-
206 188
-
municipal
15 927
-
61 485
-
national
-
-
30 585
-
total
15 927
-
92 070
-
Employer
53 411
-
206 188
-
health
3 285
-
5 052
-
pensions
5 774
-
8 881
-
accident
107
-
164
-
unemployment
1 410
-
2 169
-
other
6 206
-
9 546
-
total
16 782
-
25 812
-
Corporate
161 807
232 000
-
-
income
35 598
51 040
-
-
total
35 598
51 040
-
-
Dividends
126 209
180 960
-
-
withholding
37 863
54 288
-
-
total
37 863
54 288
-
-
Income
232 000
232 000
232 000
232 000
Total tax
106 170
105 328
117 882
116 973
After tax
125 830
126 672
114 118
115 027
Living cost
37 484
37 484
37 484
37 484
Free-cash
88 346
89 188
76 634
77 543

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
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.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78848
₽105265
₽74277
₽92035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 112
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.

-
-
-
4 352
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.

-
-
-
6 410
trade
-
-
-
30 988
total
-
-
-
120 862
Employee

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

47 583
-
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.

224
-
4 352
-
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.

4 088
-
79 112
-
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.

6 410
-
6 410
-
total
10 722
-
89 874
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
184 417
232 000
-
-
income
27 662
34 800
-
-
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.

1 521
1 914
-
-
chamber of commerce
404
472
-
-
trade
30 336
38 164
-
-
total
59 923
75 350
-
-
Dividends
124 494
156 650
-
-
surtax

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

1 692
2 135
-
-
withholding
30 767
38 807
-
-
total
32 459
40 942
-
-
Income
232 000
232 000
232 000
232 000
Total tax
103 104
116 292
89 874
120 862
After tax
128 896
115 708
142 126
111 138
Living cost
36 860
36 860
36 860
36 860
Free-cash
92 035
78 848
105 265
74 277

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138595
₽122938
₽124797
₽134702
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 673
social contributions
-
-
-
15 181
health
-
-
-
5 915
total
-
-
-
76 769
Employee
72 151
72 151
219 856
-
social contributions
3 506
5 988
8 077
-
income
7 576
6 679
54 670
-
health
718
1 227
3 737
-
total
11 800
13 894
66 484
-
Employer
72 151
72 151
219 856
-
health
782
1 335
4 067
-
social contributions
3 506
5 988
8 077
-
total
4 288
7 323
12 144
-
Corporate
185 478
152 525
-
-
income
23 185
19 065
-
-
total
23 185
19 065
-
-
Dividends
162 293
133 460
-
-
withholding
27 591
22 689
-
-
total
27 591
22 689
-
-
Income
232 000
232 000
232 000
232 000
Total tax
66 864
62 971
78 628
76 769
After tax
165 136
169 029
153 372
155 231
Living cost
30 434
30 434
30 434
30 434
Free-cash
134 702
138 595
122 938
124 797

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113364
₽117675
₽143901
₽113714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

24 275
9 661
194 142
-
unemployment
364
145
2 912
-
pensions
2 428
966
19 414
-
income
2 968
1 181
23 734
-
health
1 699
676
13 590
-
total
7 459
2 968
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.

24 275
9 661
194 142
-
pensions
4 734
1 884
37 858
-
total
4 734
1 884
37 858
-
Corporate
202 991
220 455
-
-
income
18 269
19 841
-
-
total
18 269
19 841
-
-
Dividends
184 722
200 614
-
-
social contributions
35 910
39 009
-
-
withholding
35 097
38 117
-
-
total
71 007
77 126
-
-
Income
232 000
232 000
232 000
232 000
Total tax
101 469
101 819
97 508
71 282
After tax
130 531
130 181
134 492
160 718
Living cost
16 817
16 817
16 817
16 817
Free-cash
113 714
113 364
117 675
143 901

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162937
₽111057
₽101687
₽157106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 088
health
-
-
-
30 160
pensions
-
-
-
46 401
total
-
-
-
107 649
Employee
26 618
-
173 393
-
unemployment
426
-
2 774
-
pensions
532
-
3 469
-
income
2 997
-
33 429
-
total
3 955
-
39 672
-
Employer
26 618
-
173 393
-
health
3 460
-
22 541
-
pensions
5 324
-
34 679
-
unemployment
214
-
1 387
-
total
8 998
-
58 607
-
Corporate
196 384
232 000
-
-
income
39 277
46 399
-
-
total
39 277
46 399
-
-
Dividends
157 108
185 601
-
-
total
-
-
-
-
Income
232 000
232 000
232 000
232 000
Total tax
52 230
46 399
98 279
107 649
After tax
179 770
185 601
133 721
124 351
Living cost
22 664
22 664
22 664
22 664
Free-cash
157 106
162 937
111 057
101 687

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2156
₽107329
₽137416
₽15580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
67 004
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
73 636
Employee
32 952
-
212 745
-
pensions
3 710
-
7 264
-
income
4 521
-
52 845
-
health
3 773
-
24 359
-
total
12 004
-
84 468
-
Employer
32 952
-
212 745
-
pensions
5 358
-
10 490
-
accident
550
-
3 553
-
unemployment
807
-
5 212
-
total
6 715
-
19 255
-
Corporate
192 332
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.

173 099
208 800
-
-
total
173 099
208 800
-
-
Dividends
19 233
23 200
-
-
withholding
3 654
4 408
-
-
total
3 654
4 408
-
-
Income
232 000
232 000
232 000
232 000
Total tax
195 472
213 208
103 723
73 636
After tax
36 528
18 792
128 277
158 364
Living cost
20 948
20 948
20 948
20 948
Free-cash
15 580
-2 156
107 329
137 416

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽212839
₽178039
₽222119
₽211422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 450
-
232 000
-
income
1 890
-
46 400
-
total
1 890
-
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%.

222 550
232 000
-
-
total
-
-
-
-
Dividends
222 550
232 000
-
-
withholding
11 127
11 600
-
-
total
11 127
11 600
-
-
Income
232 000
232 000
232 000
232 000
Total tax
13 017
11 600
46 400
2 320
After tax
218 983
220 400
185 600
229 680
Living cost
7 561
7 561
7 561
7 561
Free-cash
211 422
212 839
178 039
222 119

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145450
₽115625
₽117494
₽139114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 204
other
-
-
-
6 777
health
-
-
-
6 278
pensions

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

-
-
-
34 245
total
-
-
-
89 504
Employee
34 069
-
195 620
-
unemployment
340
-
1 426
-
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.

2 384
-
9 987
-
income
5 865
-
41 583
-
health
477
-
1 998
-
total
9 066
-
54 994
-
Employer
34 069
-
195 620
-
health
477
-
1 998
-
pensions

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

5 792
-
24 257
-
accident
272
-
1 565
-
unemployment
340
-
1 426
-
other
1 704
-
7 133
-
total
8 585
-
36 379
-
Corporate
189 345
232 000
-
-
income
39 763
48 719
-
-
total
39 763
48 719
-
-
Dividends
149 582
183 281
-
-
withholding
10 470
12 829
-
-
total
10 470
12 829
-
-
Income
232 000
232 000
232 000
232 000
Total tax
67 884
61 548
91 373
89 504
After tax
164 116
170 452
140 627
142 496
Living cost
25 002
25 002
25 002
25 002
Free-cash
139 114
145 450
115 625
117 494

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81965
₽65506
₽86133
₽89514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 410
pensions
-
-
-
9 771
total
-
-
-
83 181
Employee
88 691
-
202 046
-
pensions
8 556
-
11 529
-
income
15 987
-
59 656
-
health
1 461
-
2 669
-
total
26 004
-
73 854
-
Employer
88 691
-
202 046
-
health
1 684
-
3 839
-
pensions
10 472
-
26 115
-
total
12 156
-
29 954
-
Corporate
131 153
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.

24 919
44 080
-
-
total
24 919
44 080
-
-
Dividends
106 233
187 920
-
-
withholding
16 721
43 269
-
-
total
16 721
43 269
-
-
Income
232 000
232 000
232 000
232 000
Total tax
79 800
87 349
103 808
83 181
After tax
152 200
144 651
128 192
148 819
Living cost
62 686
62 686
62 686
62 686
Free-cash
89 514
81 965
65 506
86 133

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽186061
₽185971
₽176152
₽181705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
43 549
Employee
16 286
-
225 571
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
22 557
-
health
749
-
1 507
-
total
3 986
-
27 301
-
Employer
16 286
-
225 571
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
212 518
232 000
-
-
income
21 252
23 200
-
-
total
21 252
23 200
-
-
Dividends
191 266
208 800
-
-
withholding
9 563
10 440
-
-
total
9 563
10 440
-
-
Income
232 000
232 000
232 000
232 000
Total tax
37 996
33 640
33 730
43 549
After tax
194 004
198 360
198 270
188 451
Living cost
12 299
12 299
12 299
12 299
Free-cash
181 705
186 061
185 971
176 152

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63826
₽96308
₽71411
₽66186
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
85 996
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
108 559
Employee
86 993
80 127
214 562
-
pensions
10 993
10 993
10 993
-
income

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

13 116
13 116
43 662
-
health
10 853
10 461
11 570
-
total
34 962
34 570
66 225
-
Employer
86 993
80 127
214 562
-
health
6 045
5 570
6 921
-
pensions
6 054
5 577
6 932
-
unemployment
3 132
2 885
3 584
-
total
15 231
14 032
17 437
-
Corporate
129 776
137 841
-
-
income
25 956
27 567
-
-
total
25 956
27 567
-
-
Dividends
103 820
110 274
-
-
income
22 062
23 433
-
-
withholding
15 573
16 542
-
-
total
37 635
39 975
-
-
Income
232 000
232 000
232 000
232 000
Total tax
113 784
116 144
83 662
108 559
After tax
118 216
115 856
148 338
123 441
Living cost
52 030
52 030
52 030
52 030
Free-cash
66 186
63 826
96 308
71 411

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136721
₽105236
₽115631
₽128511
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 135
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
3 792
health
-
-
-
31 320
total
-
-
-
93 358
Employee
33 839
-
186 836
-
solidarity contribution
-
-
2 859
-
social contributions
2 200
-
7 371
-
income
4 061
-
23 136
-
health
4 568
-
25 223
-
total
10 829
-
58 589
-
Employer
33 839
-
186 836
-
health
3 045
-
16 815
-
social contributions
8 460
-
28 349
-
total
11 505
-
45 164
-
Corporate
186 656
232 000
-
-
income
35 465
44 080
-
-
total
35 465
44 080
-
-
Dividends
151 191
187 920
-
-
withholding
22 679
28 188
-
-
total
22 679
28 188
-
-
Income
232 000
232 000
232 000
232 000
Total tax
80 478
72 268
103 753
93 358
After tax
151 522
159 732
128 247
138 642
Living cost
23 011
23 011
23 011
23 011
Free-cash
128 511
136 721
105 236
115 631

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84189
₽65572
₽73527
₽79289
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 962
regional
-
-
-
3 033
municipal
-
-
-
1 480
national
-
-
-
67 405
total
-
-
-
118 880
Employee
83 391
-
232 000
-
municipal
442
-
1 364
-
national
14 450
-
61 125
-
regional
787
-
2 778
-
social contributions
28 119
-
61 568
-
total
43 798
-
126 835
-
Employer
83 391
-
232 000
-
total
-
-
-
-
Corporate
148 609
232 000
-
-
municipal
5 796
9 047
-
-
nationa
35 666
55 680
-
-
total
41 462
64 727
-
-
Dividends
107 148
167 273
-
-
withholding
27 858
43 491
-
-
total
27 858
43 491
-
-
Income
232 000
232 000
232 000
232 000
Total tax
113 118
108 218
126 835
118 880
After tax
118 882
123 782
105 165
113 120
Living cost
39 593
39 593
39 593
39 593
Free-cash
79 289
84 189
65 572
73 527

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125224
₽82463
₽88199
₽122303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 856
other
-
-
-
-
surtax
-
-
-
13 089
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
123 096
Employee
31 029
-
205 640
-
other
-
-
-
-
unemployment
2 160
-
8 716
-
pensions
2 069
-
8 353
-
surtax
101
-
11 967
-
income
5 201
-
70 243
-
health
792
-
3 193
-
total
10 323
-
102 472
-
Employer
31 029
-
205 640
-
health
1 412
-
5 698
-
pensions
4 136
-
16 693
-
unemployment
983
-
3 969
-
other
-
-
-
-
total
6 531
-
26 360
-
Corporate
194 440
232 000
-
-
income
50 555
60 320
-
-
total
50 555
60 320
-
-
Dividends
143 884
171 680
-
-
withholding
21 583
25 751
-
-
total
21 583
25 751
-
-
Income
232 000
232 000
232 000
232 000
Total tax
88 992
86 071
128 832
123 096
After tax
143 008
145 929
103 168
108 904
Living cost
20 705
20 705
20 705
20 705
Free-cash
122 303
125 224
82 463
88 199

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101826
₽85367
₽105994
₽108016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 410
pensions
-
-
-
9 771
total
-
-
-
83 181
Employee
59 438
-
202 046
-
pensions
5 045
-
11 529
-
income
10 705
-
59 656
-
health
863
-
2 669
-
total
16 613
-
73 854
-
Employer
59 438
-
202 046
-
health
1 129
-
3 839
-
pensions
6 434
-
26 115
-
total
7 563
-
29 954
-
Corporate
164 998
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.

31 350
44 080
-
-
total
31 350
44 080
-
-
Dividends
133 649
187 920
-
-
withholding
25 633
43 269
-
-
total
25 633
43 269
-
-
Income
232 000
232 000
232 000
232 000
Total tax
81 159
87 349
103 808
83 181
After tax
150 841
144 651
128 192
148 819
Living cost
42 825
42 825
42 825
42 825
Free-cash
108 016
101 826
85 367
105 994

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽32001
₽101276
₽108908
₽63703
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 641
regional
-
-
-
13 398
health
-
-
-
521
city
-
-
-
2 445
national
-
-
-
6 657
pensions
-
-
-
21 344
total
-
-
-
49 006
Employee
86 700
-
209 164
-
unemployment
-
-
-
-
pensions
7 284
-
15 883
-
national
410
-
5 483
-
regional
2 839
-
12 001
-
city
930
-
2 266
-
health
196
-
470
-
total
11 659
-
36 103
-
Employer
86 700
-
209 164
-
health
196
-
470
-
pensions
7 284
-
15 883
-
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.

1 733
-
4 182
-
total
9 213
-
20 535
-
Corporate
135 134
232 000
-
-
regional
28 580
49 068
-
-
national
11 487
19 721
-
-
total
40 067
68 789
-
-
Dividends
95 066
163 212
-
-
withholding
33 272
57 124
-
-
total
33 272
57 124
-
-
Income
232 000
232 000
232 000
232 000
Total tax
94 211
125 913
56 638
49 006
After tax
137 789
106 087
175 362
182 994
Living cost
74 086
74 086
74 086
74 086
Free-cash
63 703
32 001
101 276
108 908

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽71533
₽99142
₽66836
₽86747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 112
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.

-
-
-
4 352
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.

-
-
-
6 410
trade
-
-
-
32 306
total
-
-
-
122 180
Employee

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

56 390
-
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.

365
-
4 352
-
income

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

6 631
-
79 112
-
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.

6 410
-
6 410
-
total
13 406
-
89 874
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
175 610
232 000
-
-
income
26 341
34 800
-
-
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.

1 449
1 914
-
-
chamber of commerce
390
468
-
-
trade
30 117
39 788
-
-
total
58 297
76 970
-
-
Dividends
117 312
155 030
-
-
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.

1 594
2 112
-
-
withholding
28 972
38 401
-
-
total
30 566
40 513
-
-
Income
232 000
232 000
232 000
232 000
Total tax
102 269
117 483
89 874
122 180
After tax
129 731
114 517
142 126
109 820
Living cost
42 984
42 984
42 984
42 984
Free-cash
86 747
71 533
99 142
66 836

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
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.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84823
₽84914
₽93037
₽90366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 156
other
-
-
-
7 192
surtax
-
-
-
-
social contributions
-
-
-
6 610
health
-
-
-
11 893
pensions
-
-
-
35 009
total
-
-
-
106 860
Employee
40 158
-
176 048
-
pensions
4 541
-
13 695
-
surtax
-
-
-
-
social contributions
1 145
-
5 016
-
income
2 370
-
40 319
-
total
8 056
-
59 030
-
Employer
40 158
-
176 048
-
health
2 812
-
18 010
-
pensions
6 597
-
22 798
-
unemployment
1 626
-
7 130
-
social contributions
121
-
529
-
other
1 385
-
7 486
-
total
12 541
-
55 953
-
Corporate
179 301
232 000
-
-
income
50 204
64 960
-
-
surtax
-
-
-
-
total
50 204
64 960
-
-
Dividends
129 097
167 040
-
-
surtax
-
-
-
-
social contributions
22 206
28 732
-
-
withholding
16 524
21 382
-
-
total
38 730
50 114
-
-
Income
232 000
232 000
232 000
232 000
Total tax
109 531
115 074
114 983
106 860
After tax
122 469
116 926
117 017
125 140
Living cost
32 103
32 103
32 103
32 103
Free-cash
90 366
84 823
84 914
93 037

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88004
₽88095
₽96218
₽93218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 156
other
-
-
-
7 192
surtax
-
-
-
-
social contributions
-
-
-
6 610
health
-
-
-
11 893
pensions
-
-
-
35 009
total
-
-
-
106 860
Employee
35 847
-
176 048
-
pensions
4 054
-
13 695
-
surtax
-
-
-
-
social contributions
1 022
-
5 016
-
income
1 848
-
40 319
-
total
6 924
-
59 030
-
Employer
35 847
-
176 048
-
health
2 509
-
18 010
-
pensions
5 890
-
22 798
-
unemployment
1 451
-
7 130
-
social contributions
107
-
529
-
other
1 238
-
7 486
-
total
11 195
-
55 953
-
Corporate
184 959
232 000
-
-
income
51 789
64 960
-
-
surtax
-
-
-
-
total
51 789
64 960
-
-
Dividends
133 170
167 040
-
-
surtax
-
-
-
-
social contributions
22 906
28 732
-
-
withholding
17 046
21 382
-
-
total
39 952
50 114
-
-
Income
232 000
232 000
232 000
232 000
Total tax
109 860
115 074
114 983
106 860
After tax
122 140
116 926
117 017
125 140
Living cost
28 922
28 922
28 922
28 922
Free-cash
93 218
88 004
88 095
96 218

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
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.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121643
₽122351
₽129096
₽122133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
32 015
health
-
-
-
16 193
total
-
-
-
83 008
Employee
31 814
-
232 000
-
social contributions
4 391
-
32 015
-
income
5 306
-
41 545
-
health
2 220
-
16 193
-
total
11 917
-
89 753
-
Employer
31 814
-
232 000
-
total
-
-
-
-
Corporate
200 186
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%.

10 009
11 601
-
-
total
10 009
11 601
-
-
Dividends
190 177
220 399
-
-
social contributions
26 244
30 415
-
-
withholding
28 527
33 061
-
-
health
13 274
15 384
-
-
total
68 045
78 860
-
-
Income
232 000
232 000
232 000
232 000
Total tax
89 971
90 461
89 753
83 008
After tax
142 029
141 539
142 247
148 992
Living cost
19 896
19 896
19 896
19 896
Free-cash
122 133
121 643
122 351
129 096

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94664
₽27261
₽85449
₽93214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 957
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
928
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
113 489
Employee
46 892
37 393
194 102
-
other
468
374
1 097
-
unemployment
1 407
1 122
3 289
-
pensions
4 802
3 828
11 225
-
income
5 338
2 758
66 292
-
health
1 814
1 448
4 241
-
total
13 829
9 530
86 144
-
Employer
46 892
37 393
194 102
-
chamber of commerce
187
150
776
-
health
1 772
1 414
4 143
-
pensions
5 885
4 694
13 757
-
accident
609
486
1 424
-
unemployment
1 407
1 122
3 289
-
surtax
185
185
185
-
payroll
1 407
1 122
5 823
-
other
2 228
1 775
8 501
-
total
13 680
10 948
37 898
-
Corporate
171 429
183 660
190 540
-
income

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

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

42 857
45 915
47 635
-
total
42 857
45 915
47 635
-
Dividends
128 572
137 745
-
-
withholding
35 358
37 881
-
-
total
35 358
37 881
-
-
Income
232 000
232 000
232 000
232 000
Total tax
105 724
104 274
171 677
113 489
After tax
126 276
127 726
60 323
118 511
Living cost
33 062
33 062
33 062
33 062
Free-cash
93 214
94 664
27 261
85 449

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91934
₽43744
₽66802
₽81330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
12 516
social contributions
-
-
-
23 393
national
-
-
-
95 077
total
-
-
-
130 986
Employee

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

67 117
-
179 691
-
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.

584
-
1 563
-
communal

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

3 501
-
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.

5 034
-
13 477
-
national
20 635
-
68 878
-
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.

3 153
-
8 445
-
total
32 907
-
101 736
-
Employer

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

67 117
-
179 691
-
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.

4 127
-
11 052
-
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.

5 947
-
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.

872
-
2 336
-
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.

979
-
2 623
-
surtax
7 610
-
20 377
-
total
19 535
-
52 308
-
Corporate
145 346
232 000
-
-
income
29 068
51 255
-
-
surtax
580
1 026
-
-
total
29 648
52 281
-
-
Dividends
115 697
179 720
-
-
withholding

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

34 368
53 573
-
-
total
34 368
53 573
-
-
Income
232 000
232 000
232 000
232 000
Total tax
116 458
105 854
154 044
130 986
After tax
115 542
126 146
77 956
101 014
Living cost
34 212
34 212
34 212
34 212
Free-cash
81 330
91 934
43 744
66 802

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119953
₽91628
₽95565
₽113524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
76 458
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
102 549
Employee
46 707
-
204 274
-
other
46
-
87
-
unemployment
725
-
1 348
-
pensions
2 195
-
4 088
-
income
9 855
-
73 237
-
total
12 821
-
78 760
-
Employer
46 707
-
204 274
-
pensions
11 022
-
20 525
-
accident
924
-
1 722
-
unemployment
2 569
-
4 783
-
other
372
-
696
-
total
14 887
-
27 726
-
Corporate
170 406
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.

25 561
34 800
-
-
total
25 561
34 800
-
-
Dividends
144 845
197 200
-
-
withholding
31 321
43 361
-
-
total
31 321
43 361
-
-
Income
232 000
232 000
232 000
232 000
Total tax
84 590
78 161
106 486
102 549
After tax
147 410
153 839
125 514
129 451
Living cost
33 886
33 886
33 886
33 886
Free-cash
113 524
119 953
91 628
95 565

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78561
₽65456
₽57393
₽65654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 877
income
-
-
-
46 406
surtax
-
-
-
11 651
health
-
-
-
15 644
pensions
-
-
-
33 376
total
-
-
-
123 616
Employee
71 057
-
207 235
-
pensions
5 684
-
16 579
-
surtax
4 355
-
12 701
-
income
6 863
-
52 287
-
health
3 162
-
9 222
-
total
20 064
-
90 789
-
Employer
71 057
-
207 235
-
health
2 167
-
6 321
-
pensions
5 684
-
16 579
-
accident
639
-
1 864
-
total
8 490
-
24 764
-
Corporate
152 453
232 000
-
-
communal
10 290
15 660
-
-
income
22 868
34 800
-
-
surtax
1 601
2 436
-
-
total
34 759
52 896
-
-
Dividends
117 694
179 103
-
-
income
34 387
22 686
-
-
withholding
17 655
26 866
-
-
total
52 042
49 552
-
-
Income
232 000
232 000
232 000
232 000
Total tax
115 355
102 448
115 553
123 616
After tax
116 645
129 552
116 447
108 384
Living cost
50 991
50 991
50 991
50 991
Free-cash
65 654
78 561
65 456
57 393

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124854
₽82093
₽87829
₽121869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 856
other
-
-
-
-
surtax
-
-
-
13 089
unemployment
-
-
-
214
health
-
-
-
8 891
pensions
-
-
-
25 046
total
-
-
-
123 096
Employee
31 599
-
205 640
-
other
-
-
-
-
unemployment
2 199
-
8 716
-
pensions
2 108
-
8 353
-
surtax
112
-
11 967
-
income
5 297
-
70 243
-
health
807
-
3 193
-
total
10 523
-
102 472
-
Employer
31 599
-
205 640
-
health
1 437
-
5 698
-
pensions
4 213
-
16 693
-
unemployment
1 002
-
3 969
-
other
-
-
-
-
total
6 652
-
26 360
-
Corporate
193 749
232 000
-
-
income
50 375
60 320
-
-
total
50 375
60 320
-
-
Dividends
143 374
171 680
-
-
withholding
21 506
25 751
-
-
total
21 506
25 751
-
-
Income
232 000
232 000
232 000
232 000
Total tax
89 056
86 071
128 832
123 096
After tax
142 944
145 929
103 168
108 904
Living cost
21 075
21 075
21 075
21 075
Free-cash
121 869
124 854
82 093
87 829

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96668
₽79206
₽87121
₽94584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 962
regional
-
-
-
3 756
municipal
-
-
-
1 480
national
-
-
-
67 405
total
-
-
-
119 603
Employee
52 049
-
232 000
-
municipal
276
-
1 364
-
national
8 246
-
61 125
-
regional
701
-
3 461
-
social contributions
17 551
-
61 568
-
total
26 774
-
127 518
-
Employer
52 049
-
232 000
-
total
-
-
-
-
Corporate
179 951
232 000
-
-
municipal
8 944
11 531
-
-
nationa
43 189
55 680
-
-
total
52 133
67 211
-
-
Dividends
127 818
164 789
-
-
withholding
33 233
42 845
-
-
total
33 233
42 845
-
-
Income
232 000
232 000
232 000
232 000
Total tax
112 140
110 056
127 518
119 603
After tax
119 860
121 944
104 482
112 397
Living cost
25 276
25 276
25 276
25 276
Free-cash
94 584
96 668
79 206
87 121

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131377
₽99892
₽110287
₽121261
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 135
social contributions
-
-
-
33 111
solidarity contribution
-
-
-
3 792
health
-
-
-
31 320
total
-
-
-
93 358
Employee
41 699
-
186 836
-
solidarity contribution
-
-
2 859
-
social contributions
2 710
-
7 371
-
income
5 004
-
23 136
-
health
5 629
-
25 223
-
total
13 343
-
58 589
-
Employer
41 699
-
186 836
-
health
3 753
-
16 815
-
social contributions
10 425
-
28 349
-
total
14 178
-
45 164
-
Corporate
176 124
232 000
-
-
income
33 464
44 080
-
-
total
33 464
44 080
-
-
Dividends
142 660
187 920
-
-
withholding
21 399
28 188
-
-
total
21 399
28 188
-
-
Income
232 000
232 000
232 000
232 000
Total tax
82 384
72 268
103 753
93 358
After tax
149 616
159 732
128 247
138 642
Living cost
28 355
28 355
28 355
28 355
Free-cash
121 261
131 377
99 892
110 287

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
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.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97893
₽30432
₽88761
₽97429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 957
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
928
health
-
-
-
8 385
pensions
-
-
-
20 279
total
-
-
-
113 304
Employee
41 016
37 393
194 274
-
other
410
374
1 097
-
unemployment
1 230
1 122
3 289
-
pensions
4 200
3 828
11 225
-
income
3 654
2 758
66 378
-
health
1 587
1 448
4 241
-
total
11 081
9 530
86 230
-
Employer
41 016
37 393
194 274
-
chamber of commerce
164
150
776
-
health
1 551
1 414
4 143
-
pensions
5 148
4 694
13 757
-
accident
532
486
1 424
-
unemployment
1 230
1 122
3 289
-
surtax
-
-
-
-
payroll
1 230
1 122
5 828
-
other
1 948
1 775
8 508
-
total
11 803
10 763
37 725
-
Corporate
179 180
183 845
190 713
-
income

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

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

44 795
45 961
47 678
-
total
44 795
45 961
47 678
-
Dividends
134 386
137 884
-
-
withholding
36 957
37 918
-
-
total
36 957
37 918
-
-
Income
232 000
232 000
232 000
232 000
Total tax
104 636
104 172
171 633
113 304
After tax
127 364
127 828
60 367
118 696
Living cost
29 935
29 935
29 935
29 935
Free-cash
97 429
97 893
30 432
88 761

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽208618
₽173818
₽217898
₽206409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 727
-
232 000
-
income
2 946
-
46 400
-
total
2 946
-
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%.

217 273
232 000
-
-
total
-
-
-
-
Dividends
217 273
232 000
-
-
withholding
10 863
11 600
-
-
total
10 863
11 600
-
-
Income
232 000
232 000
232 000
232 000
Total tax
13 809
11 600
46 400
2 320
After tax
218 191
220 400
185 600
229 680
Living cost
11 782
11 782
11 782
11 782
Free-cash
206 409
208 618
173 818
217 898

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134565
₽75299
₽80336
₽126716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
60 953
unemployment
-
-
-
347
health
-
-
-
22 827
pensions
-
-
-
42 370
total
-
-
-
126 497
Employee

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

41 492
-
200 743
-
unemployment
59
-
281
-
pensions
6 432
-
31 114
-
income
7 155
-
55 914
-
health
2 680
-
12 968
-
total
16 326
-
100 277
-
Employer

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

41 492
-
200 743
-
health
2 764
-
13 371
-
pensions
3 672
-
17 765
-
unemployment
25
-
121
-
total
6 461
-
31 257
-
Corporate
184 048
232 000
-
-
income
34 969
44 081
-
-
total
34 969
44 081
-
-
Dividends
149 078
187 919
-
-
withholding
22 361
28 187
-
-
total
22 361
28 187
-
-
Income
232 000
232 000
232 000
232 000
Total tax
80 117
72 268
131 534
126 497
After tax
151 883
159 732
100 466
105 503
Living cost
25 167
25 167
25 167
25 167
Free-cash
126 716
134 565
75 299
80 336

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101069
₽179700
₽120251
₽56886
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
Corporate
93 500
232 000
-
-
income
20 570
51 040
-
-
total
20 570
51 040
-
-
Dividends
72 930
180 960
-
-
income
16 045
39 811
-
-
total
16 045
39 811
-
-
Income
232 000
232 000
232 000
232 000
Total tax
135 034
90 851
12 220
71 669
After tax
96 966
141 149
219 780
160 331
Living cost
40 080
40 080
40 080
40 080
Free-cash
56 886
101 069
179 700
120 251

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102530
₽71634
₽90533
₽101585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 414
surtax
-
-
-
-
social contributions

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

-
-
-
80 621
total
-
-
-
112 035
Employee
43 155
-
187 474
-
surtax
-
-
611
-
social contributions
4 747
-
20 623
-
income
8 976
-
65 174
-
total
13 723
-
86 408
-
Employer
43 155
-
187 474
-
social contributions
10 249
-
44 526
-
total
10 249
-
44 526
-
Corporate
178 596
232 000
-
-
income
37 505
48 719
-
-
surtax
-
-
-
-
total
37 505
48 719
-
-
Dividends
141 091
183 281
-
-
withholding
39 506
51 319
-
-
total
39 506
51 319
-
-
Income
232 000
232 000
232 000
232 000
Total tax
100 983
100 038
130 934
112 035
After tax
131 017
131 962
101 066
119 965
Living cost
29 432
29 432
29 432
29 432
Free-cash
101 585
102 530
71 634
90 533

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
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.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71607
₽71698
₽79821
₽78059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 156
other
-
-
-
7 192
surtax
-
-
-
-
social contributions
-
-
-
6 610
health
-
-
-
11 893
pensions
-
-
-
35 009
total
-
-
-
106 860
Employee
58 768
-
176 048
-
pensions
6 647
-
13 695
-
surtax
-
-
-
-
social contributions
1 674
-
5 016
-
income
5 128
-
40 319
-
total
13 449
-
59 030
-
Employer
58 768
-
176 048
-
health
4 113
-
18 010
-
pensions
9 656
-
22 798
-
unemployment
2 381
-
7 130
-
social contributions
176
-
529
-
other
2 028
-
7 486
-
total
18 354
-
55 953
-
Corporate
154 878
232 000
-
-
income
43 365
64 960
-
-
surtax
-
-
-
-
total
43 365
64 960
-
-
Dividends
111 513
167 040
-
-
surtax
-
-
-
-
social contributions
19 181
28 732
-
-
withholding
14 273
21 382
-
-
total
33 454
50 114
-
-
Income
232 000
232 000
232 000
232 000
Total tax
108 622
115 074
114 983
106 860
After tax
123 378
116 926
117 017
125 140
Living cost
45 319
45 319
45 319
45 319
Free-cash
78 059
71 607
71 698
79 821

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽180595
₽146524
₽140358
₽177442
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 398
social contributions
-
-
-
51 039
total
-
-
-
63 437
Employee
30 166
-
200 864
-
income
-
-
13 082
-
social contributions
1 960
-
13 055
-
total
1 960
-
26 137
-
Employer
30 166
-
200 864
-
social contributions
4 676
-
31 134
-
total
4 676
-
31 134
-
Corporate
197 159
232 000
-
-
income
19 717
23 200
-
-
total
19 717
23 200
-
-
Dividends
177 442
208 800
-
-
total
-
-
-
-
Income
232 000
232 000
232 000
232 000
Total tax
26 353
23 200
57 271
63 437
After tax
205 647
208 800
174 729
168 563
Living cost
28 205
28 205
28 205
28 205
Free-cash
177 442
180 595
146 524
140 358

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27574
₽27574
₽87787
₽14407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 495
municipal
-
-
-
50 308
national
-
-
-
29 410
pensions
-
-
-
813
total
-
-
-
99 026
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
27 574
-
-
-
income
6 066
-
-
-
total
6 066
-
-
-
Dividends
21 508
-
-
-
withholding
7 101
-
-
-
total
7 101
-
-
-
Income
232 000
232 000
232 000
232 000
Total tax
172 406
159 239
159 239
99 026
After tax
59 594
72 761
72 761
132 974
Living cost
45 187
45 187
45 187
45 187
Free-cash
14 407
27 574
27 574
87 787

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1847
₽107638
₽137725
₽15625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
67 004
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
73 636
Employee
32 466
-
212 745
-
pensions
3 656
-
7 264
-
income
4 454
-
52 845
-
health
3 718
-
24 359
-
total
11 828
-
84 468
-
Employer
32 466
-
212 745
-
pensions
5 279
-
10 490
-
accident
542
-
3 553
-
unemployment
796
-
5 212
-
total
6 617
-
19 255
-
Corporate
192 917
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.

173 625
208 800
-
-
total
173 625
208 800
-
-
Dividends
19 292
23 200
-
-
withholding
3 666
4 408
-
-
total
3 666
4 408
-
-
Income
232 000
232 000
232 000
232 000
Total tax
195 736
213 208
103 723
73 636
After tax
36 264
18 792
128 277
158 364
Living cost
20 639
20 639
20 639
20 639
Free-cash
15 625
-1 847
107 638
137 725

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104837
₽77343
₽103918
₽108104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 182
municipal
-
-
-
41 187
national
-
-
-
47 689
total
-
-
-
92 058
Employee
49 366
-
195 172
-
municipal
8 086
-
31 763
-
unemployment
741
-
2 927
-
pensions
3 332
-
13 175
-
national
816
-
31 325
-
health
369
-
2 614
-
total
13 344
-
81 804
-
Employer
49 366
-
195 172
-
health
379
-
1 503
-
pensions
8 565
-
33 862
-
accident
50
-
196
-
unemployment
321
-
1 268
-
total
9 315
-
36 829
-
Corporate
173 319
232 000
-
-
income
34 663
46 399
-
-
total
34 663
46 399
-
-
Dividends

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

103 992
139 201
-
-
municipal
18 718
25 057
-
-
national
11 832
19 683
-
-
total
30 550
44 740
-
-
Income
232 000
232 000
232 000
232 000
Total tax
87 872
91 139
118 633
92 058
After tax
144 128
140 861
113 367
139 942
Living cost
36 024
36 024
36 024
36 024
Free-cash
108 104
104 837
77 343
103 918

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
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.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147305
₽131648
₽133507
₽142199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
55 673
social contributions
-
-
-
15 181
health
-
-
-
5 915
total
-
-
-
76 769
Employee
72 151
72 151
219 856
-
social contributions
2 728
5 988
8 077
-
income
7 856
6 679
54 670
-
health
559
1 227
3 737
-
total
11 143
13 894
66 484
-
Employer
72 151
72 151
219 856
-
health
607
1 335
4 067
-
social contributions
2 728
5 988
8 077
-
total
3 335
7 323
12 144
-
Corporate
195 798
152 525
-
-
income
24 474
19 065
-
-
total
24 474
19 065
-
-
Dividends
171 323
133 460
-
-
withholding
29 125
22 689
-
-
total
29 125
22 689
-
-
Income
232 000
232 000
232 000
232 000
Total tax
68 077
62 971
78 628
76 769
After tax
163 923
169 029
153 372
155 231
Living cost
21 724
21 724
21 724
21 724
Free-cash
142 199
147 305
131 648
133 507

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
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.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177223
₽164736
₽183555
₽172448
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 156
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
33 548
Employee

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

21 537
-
222 830
-
unemployment
107
-
445
-
pensions
3 230
-
13 355
-
income
1 473
-
21 829
-
health
1 830
-
7 568
-
total
6 640
-
43 197
-
Employer

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

21 537
-
222 830
-
health
926
-
3 828
-
pensions
1 184
-
4 897
-
unemployment
107
-
445
-
total
2 217
-
9 170
-
Corporate
208 246
232 000
-
-
income
18 743
20 879
-
-
total
18 743
20 879
-
-
Dividends
189 503
211 121
-
-
withholding
17 055
19 001
-
-
total
17 055
19 001
-
-
Income
232 000
232 000
232 000
232 000
Total tax
44 655
39 880
52 367
33 548
After tax
187 345
192 120
179 633
198 452
Living cost
14 897
14 897
14 897
14 897
Free-cash
172 448
177 223
164 736
183 555

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128037
₽99712
₽103649
₽123892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
76 458
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
102 549
Employee
34 695
-
204 274
-
other
34
-
87
-
unemployment
538
-
1 348
-
pensions
1 631
-
4 088
-
income
6 689
-
73 237
-
total
8 892
-
78 760
-
Employer
34 695
-
204 274
-
pensions
8 187
-
20 525
-
accident
687
-
1 722
-
unemployment
1 909
-
4 783
-
other
278
-
696
-
total
11 061
-
27 726
-
Corporate
186 244
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.

27 936
34 800
-
-
total
27 936
34 800
-
-
Dividends
158 308
197 200
-
-
withholding
34 417
43 361
-
-
total
34 417
43 361
-
-
Income
232 000
232 000
232 000
232 000
Total tax
82 306
78 161
106 486
102 549
After tax
149 694
153 839
125 514
129 451
Living cost
25 802
25 802
25 802
25 802
Free-cash
123 892
128 037
99 712
103 649

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142868
₽147649
₽147784
₽142556
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 925
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
82 316
Employee
2 894
-
230 441
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
79 852
-
health
145
-
347
-
total
994
-
80 892
-
Employer
2 894
-
230 441
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
228 454
232 000
-
-
income
50 260
51 040
-
-
total
50 260
51 040
-
-
Dividends
178 194
180 960
-
-
withholding
35 639
36 192
-
-
total
35 639
36 192
-
-
Income
232 000
232 000
232 000
232 000
Total tax
87 544
87 232
82 451
82 316
After tax
144 456
144 768
149 549
149 684
Living cost
1 900
1 900
1 900
1 900
Free-cash
142 556
142 868
147 649
147 784

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151424
₽135554
₽135554
₽146815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 088
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
80 250
Employee

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

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

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

24 423
-
219 611
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
54 088
-
health
1 258
-
3 564
-
total
8 227
-
67 861
-
Employer

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

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

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

24 423
-
219 611
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
203 205
232 000
-
-
income
30 481
34 800
-
-
total
30 481
34 800
-
-
Dividends
172 724
197 200
-
-
withholding
25 909
29 580
-
-
total
25 909
29 580
-
-
Income
232 000
232 000
232 000
232 000
Total tax
68 989
64 380
80 250
80 250
After tax
163 011
167 620
151 750
151 750
Living cost
16 196
16 196
16 196
16 196
Free-cash
146 815
151 424
135 554
135 554

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106666
₽75770
₽94669
₽106330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 414
surtax
-
-
-
-
social contributions

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

-
-
-
80 621
total
-
-
-
112 035
Employee
36 418
-
187 474
-
surtax
-
-
611
-
social contributions
4 006
-
20 623
-
income
7 116
-
65 174
-
total
11 122
-
86 408
-
Employer
36 418
-
187 474
-
social contributions
8 648
-
44 526
-
total
8 648
-
44 526
-
Corporate
186 934
232 000
-
-
income
39 255
48 719
-
-
surtax
-
-
-
-
total
39 255
48 719
-
-
Dividends
147 679
183 281
-
-
withholding
41 349
51 319
-
-
total
41 349
51 319
-
-
Income
232 000
232 000
232 000
232 000
Total tax
100 374
100 038
130 934
112 035
After tax
131 626
131 962
101 066
119 965
Living cost
25 296
25 296
25 296
25 296
Free-cash
106 330
106 666
75 770
94 669

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120863
₽92538
₽96475
₽114721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
76 458
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
102 549
Employee
45 316
-
204 274
-
other
45
-
87
-
unemployment
702
-
1 348
-
pensions
2 130
-
4 088
-
income
9 465
-
73 237
-
total
12 342
-
78 760
-
Employer
45 316
-
204 274
-
pensions
10 694
-
20 525
-
accident
897
-
1 722
-
unemployment
2 493
-
4 783
-
other
363
-
696
-
total
14 447
-
27 726
-
Corporate
172 236
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.

25 835
34 800
-
-
total
25 835
34 800
-
-
Dividends
146 401
197 200
-
-
withholding
31 679
43 361
-
-
total
31 679
43 361
-
-
Income
232 000
232 000
232 000
232 000
Total tax
84 303
78 161
106 486
102 549
After tax
147 697
153 839
125 514
129 451
Living cost
32 976
32 976
32 976
32 976
Free-cash
114 721
120 863
92 538
96 475

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
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.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽182223
₽182133
₽172314
₽176506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
43 549
Employee
21 368
-
225 571
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
22 557
-
health
983
-
1 507
-
total
5 231
-
27 301
-
Employer
21 368
-
225 571
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
206 440
232 000
-
-
income
20 644
23 200
-
-
total
20 644
23 200
-
-
Dividends
185 795
208 800
-
-
withholding
9 289
10 440
-
-
total
9 289
10 440
-
-
Income
232 000
232 000
232 000
232 000
Total tax
39 357
33 640
33 730
43 549
After tax
192 643
198 360
198 270
188 451
Living cost
16 137
16 137
16 137
16 137
Free-cash
176 506
182 223
182 133
172 314

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83064
₽105901
₽78870
₽95337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
79 112
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.

-
-
-
4 352
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.

-
-
-
6 410
trade
-
-
-
27 031
total
-
-
-
116 905
Employee

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

46 686
-
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.

212
-
4 352
-
income

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

3 839
-
79 112
-
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.

6 410
-
6 410
-
total
10 461
-
89 874
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
185 314
232 000
-
-
income
27 797
34 800
-
-
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.

1 530
1 914
-
-
chamber of commerce
415
483
-
-
trade
26 592
33 292
-
-
total
56 334
70 489
-
-
Dividends
128 980
161 511
-
-
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.

1 754
2 201
-
-
withholding
31 889
40 021
-
-
total
33 643
42 222
-
-
Income
232 000
232 000
232 000
232 000
Total tax
100 438
112 711
89 874
116 905
After tax
131 562
119 289
142 126
115 095
Living cost
36 225
36 225
36 225
36 225
Free-cash
95 337
83 064
105 901
78 870

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
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.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108949
₽61007
₽61007
₽111021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 291
social contributions
-
-
-
40 252
total
-
-
-
117 543
Employee
73 396
-
232 000
-
income
13 850
-
77 291
-
social contributions
6 098
-
40 252
-
total
19 948
-
117 543
-
Employer
73 396
-
232 000
-
total
-
-
-
-
Corporate
158 604
232 000
-
-
income
19 825
29 001
-
-
total
19 825
29 001
-
-
Dividends
138 778
202 999
-
-
withholding
27 756
40 600
-
-
total
27 756
40 600
-
-
Income
232 000
232 000
232 000
232 000
Total tax
67 529
69 601
117 543
117 543
After tax
164 471
162 399
114 457
114 457
Living cost
53 450
53 450
53 450
53 450
Free-cash
111 021
108 949
61 007
61 007

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111783
₽126824
₽157452
₽115060
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 800
health

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

-
-
-
5 687
total
-
-
-
40 487
Employee
43 044
-
227 684
-
income
4 671
-
62 483
-
social contributions
4 313
-
4 316
-
total
8 984
-
66 799
-
Employer
43 044
-
227 684
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
184 643
232 000
-
-
income
64 625
81 199
-
-
total
64 625
81 199
-
-
Dividends
120 018
150 801
-
-
social contributions
4 957
4 957
-
-
total
4 957
4 957
-
-
Income
232 000
232 000
232 000
232 000
Total tax
82 879
86 156
71 115
40 487
After tax
149 121
145 844
160 885
191 513
Living cost
34 061
34 061
34 061
34 061
Free-cash
115 060
111 783
126 824
157 452

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109836
₽93377
₽114004
₽115386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 410
pensions
-
-
-
9 771
total
-
-
-
83 181
Employee
47 789
-
202 046
-
pensions
3 648
-
11 529
-
income
8 703
-
59 656
-
health
623
-
2 669
-
total
12 974
-
73 854
-
Employer
47 789
-
202 046
-
health
908
-
3 839
-
pensions
4 828
-
26 115
-
total
5 736
-
29 954
-
Corporate
178 474
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.

33 909
44 080
-
-
total
33 909
44 080
-
-
Dividends
144 565
187 920
-
-
withholding
29 179
43 269
-
-
total
29 179
43 269
-
-
Income
232 000
232 000
232 000
232 000
Total tax
81 798
87 349
103 808
83 181
After tax
150 202
144 651
128 192
148 819
Living cost
34 815
34 815
34 815
34 815
Free-cash
115 386
109 836
93 377
114 004

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3890
₽105595
₽135682
₽15313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
67 004
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
73 636
Employee
35 680
-
212 745
-
pensions
4 018
-
7 264
-
income
4 895
-
52 845
-
health
4 085
-
24 359
-
total
12 998
-
84 468
-
Employer
35 680
-
212 745
-
pensions
5 801
-
10 490
-
accident
596
-
3 553
-
unemployment
874
-
5 212
-
total
7 271
-
19 255
-
Corporate
189 049
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.

170 144
208 800
-
-
total
170 144
208 800
-
-
Dividends
18 905
23 200
-
-
withholding
3 592
4 408
-
-
total
3 592
4 408
-
-
Income
232 000
232 000
232 000
232 000
Total tax
194 005
213 208
103 723
73 636
After tax
37 995
18 792
128 277
158 364
Living cost
22 682
22 682
22 682
22 682
Free-cash
15 313
-3 890
105 595
135 682

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164803
₽159426
₽138790
₽161964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 260
unemployment
-
-
-
1 801
work injury
-
-
-
750
health insurance
-
-
-
11 106
pensions
-
-
-
27 616
total
-
-
-
80 533
Employee

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

20 283
-
232 000
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
39 260
-
total
7 605
-
59 897
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
211 717
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%.

21 172
23 200
-
-
total
21 172
23 200
-
-
Dividends
190 545
208 800
-
-
withholding
28 582
31 320
-
-
total
28 582
31 320
-
-
Income
232 000
232 000
232 000
232 000
Total tax
57 359
54 520
59 897
80 533
After tax
174 641
177 480
172 103
151 467
Living cost
12 677
12 677
12 677
12 677
Free-cash
161 964
164 803
159 426
138 790

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84822
₽65032
₽72740
₽80552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 962
regional
-
-
-
5 848
municipal
-
-
-
1 665
national
-
-
-
67 405
total
-
-
-
121 880
Employee
79 067
-
232 000
-
municipal
472
-
1 533
-
national
13 362
-
61 125
-
regional
1 194
-
5 362
-
social contributions
26 661
-
61 568
-
total
41 689
-
129 588
-
Employer
79 067
-
232 000
-
total
-
-
-
-
Corporate
152 933
232 000
-
-
municipal
7 372
11 182
-
-
nationa
36 704
55 680
-
-
total
44 076
66 862
-
-
Dividends
108 857
165 138
-
-
withholding
28 303
42 936
-
-
total
28 303
42 936
-
-
Income
232 000
232 000
232 000
232 000
Total tax
114 068
109 798
129 588
121 880
After tax
117 932
122 202
102 412
110 120
Living cost
37 380
37 380
37 380
37 380
Free-cash
80 552
84 822
65 032
72 740

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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