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
₽86144
₽97384
₽83320
₽112418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
29 098
income

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

-
-
-
77 589
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.

-
-
-
6 943
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.

-
-
-
4 268
total
-
-
-
117 898
Employee

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

38 870
-
232 000
-
health

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

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

6 943
-
6 943
-
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.

60
-
4 268
-
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.

1 086
-
77 589
-
total
8 089
-
88 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
193 130
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.

1 593
1 913
-
-
income
28 969
34 801
-
-
trade
30 419
36 540
-
-
chamber of commerce
432
488
-
-
total
61 413
73 742
-
-
Dividends
131 718
158 258
-
-
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.

1 790
2 154
-
-
withholding
32 542
39 178
-
-
total
34 332
41 332
-
-
Income
232 000
232 000
232 000
232 000
Total tax
103 834
115 074
88 800
117 898
After tax
128 166
116 926
143 200
114 102
Living cost
30 782
30 782
30 782
30 782
Free-cash
97 384
86 144
112 418
83 320

Estimated living cost  is ₽30782 per week

₽19363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93493
₽92641
₽80563
₽81809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
25 797
pensions
-
-
-
27 840
national
-
-
-
44 031
social contributions
-
-
-
2 494
total
-
-
-
100 162
Employee
79 485
-
200 562
-
municipal
9 818
-
26 695
-
pensions
3 179
-
8 022
-
national
15 213
-
45 998
-
total
28 210
-
80 715
-
Employer
79 485
-
200 562
-
social contributions
854
-
2 156
-
pensions
6 359
-
16 045
-
total
7 213
-
18 201
-
Corporate
140 055
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%.

28 011
46 400
-
-
total
28 011
46 400
-
-
Dividends
112 044
185 600
-
-
withholding
24 650
40 832
-
-
total
24 650
40 832
-
-
Income
232 000
232 000
232 000
232 000
Total tax
88 084
87 232
98 916
100 162
After tax
143 916
144 768
133 084
131 838
Living cost
51 275
51 275
51 275
51 275
Free-cash
92 641
93 493
81 809
80 563

Estimated living cost  is ₽51275 per week

₽34851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164456
₽156122
₽63470
₽79904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
49 291
surtax
-
-
-
59 160
social contributions

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

-
-
-
38 937
total
-
-
-
147 388
Employee
29 696
-
182 724
-
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.

3 267
-
13 322
-
surtax
-
-
26 494
-
income
5 286
-
41 861
-
total
8 553
-
81 677
-
Employer
29 696
-
182 724
-
social contributions

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

7 153
-
29 177
-
surtax
-
-
20 099
-
total
7 153
-
49 276
-
Corporate
195 151
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%.

39 030
46 401
-
-
total
39 030
46 401
-
-
Dividends

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

156 122
185 599
-
-
total
-
-
-
-
Income
232 000
232 000
232 000
232 000
Total tax
54 736
46 401
130 953
147 388
After tax
177 264
185 599
101 047
84 612
Living cost
21 142
21 142
21 142
21 142
Free-cash
156 122
164 456
79 904
63 470

Estimated living cost  is ₽21142 per week

₽13488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73080
₽66855
₽81822
₽105796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
83 166
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
107 605
Employee
86 784
86 784
213 114
-
health
13 320
11 330
12 532
-
income

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

14 205
14 205
40 306
-
pensions
15 621
11 907
11 907
-
total
43 146
37 442
64 745
-
Employer
86 784
86 784
213 114
-
unemployment
3 124
3 124
3 882
-
pensions
6 040
6 040
7 508
-
health
6 032
6 032
7 496
-
total
15 196
15 196
18 886
-
Corporate
131 083
130 019
-
-
income
26 217
26 004
-
-
total
26 217
26 004
-
-
Dividends
104 867
104 014
-
-
income
22 284
22 103
-
-
withholding
15 729
15 602
-
-
total
38 013
37 705
-
-
Income
232 000
232 000
232 000
232 000
Total tax
122 572
116 347
83 631
107 605
After tax
109 428
115 653
148 369
124 395
Living cost
42 573
42 573
42 573
42 573
Free-cash
66 855
73 080
105 796
81 822

Estimated living cost  is ₽42573 per week

₽30170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87515
₽86637
₽76324
₽75374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
61 769
accident
-
-
-
172
pensions
-
-
-
9 277
other
-
-
-
9 972
unemployment
-
-
-
86
health
-
-
-
5 355
national
-
-
-
29 888
total
-
-
-
116 519
Employee
55 795
-
205 036
-
municipal
16 638
-
61 142
-
national
-
-
29 362
-
total
16 638
-
90 504
-
Employer
55 795
-
205 036
-
accident
112
-
172
-
other
6 483
-
9 972
-
unemployment
1 473
-
2 266
-
pensions
6 031
-
9 277
-
health
3 431
-
5 278
-
total
17 530
-
26 965
-
Corporate
158 675
232 000
-
-
income
34 908
51 040
-
-
total
34 908
51 040
-
-
Dividends
123 766
180 960
-
-
withholding
37 130
54 288
-
-
total
37 130
54 288
-
-
Income
232 000
232 000
232 000
232 000
Total tax
106 206
105 328
117 469
116 519
After tax
125 794
126 672
114 531
115 481
Living cost
39 157
39 157
39 157
39 157
Free-cash
86 637
87 515
75 374
76 324

Estimated living cost  is ₽39157 per week

₽25951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75809
₽90089
₽72885
₽103277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
30 392
income

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

-
-
-
77 589
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.

-
-
-
6 943
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.

-
-
-
4 268
total
-
-
-
119 192
Employee

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

51 537
-
232 000
-
health

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

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

6 943
-
6 943
-
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.

243
-
4 268
-
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.

4 428
-
77 589
-
total
11 614
-
88 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 463
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.

1 489
1 913
-
-
income
27 069
34 801
-
-
trade
29 686
38 164
-
-
chamber of commerce
411
484
-
-
total
58 655
75 362
-
-
Dividends
121 809
156 638
-
-
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.

1 653
2 133
-
-
withholding
30 066
38 773
-
-
total
31 719
40 906
-
-
Income
232 000
232 000
232 000
232 000
Total tax
101 988
116 268
88 800
119 192
After tax
130 012
115 732
143 200
112 808
Living cost
39 923
39 923
39 923
39 923
Free-cash
90 089
75 809
103 277
72 885

Estimated living cost  is ₽39923 per week

₽26701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136111
₽131898
₽122957
₽121059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
53 721
health
-
-
-
5 917
social contributions
-
-
-
16 443
total
-
-
-
76 081
Employee
78 145
78 145
219 196
-
social contributions
3 797
6 486
8 748
-
health
777
1 329
3 726
-
income
8 206
7 234
52 701
-
total
12 780
15 049
65 175
-
Employer
78 145
78 145
219 196
-
social contributions
3 797
6 486
8 748
-
health
847
1 446
4 056
-
total
4 644
7 932
12 804
-
Corporate
181 613
145 922
-
-
income
22 701
18 240
-
-
total
22 701
18 240
-
-
Dividends
158 912
127 682
-
-
withholding
27 015
21 706
-
-
total
27 015
21 706
-
-
Income
232 000
232 000
232 000
232 000
Total tax
67 140
62 927
77 979
76 081
After tax
164 860
169 073
154 021
155 919
Living cost
32 962
32 962
32 962
32 962
Free-cash
131 898
136 111
121 059
122 957

Estimated living cost  is ₽32962 per week

₽22533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111803
₽112187
₽142309
₽116083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
23 200
unemployment
-
-
-
3 480
health
-
-
-
16 240
total
-
-
-
71 282
Employee

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
194 142
-
health
1 860
740
13 590
-
income
3 249
1 293
23 734
-
pensions
2 657
1 058
19 414
-
unemployment
399
159
2 912
-
total
8 165
3 250
59 650
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
194 142
-
pensions
5 182
2 062
37 858
-
total
5 182
2 062
37 858
-
Corporate
200 245
219 362
-
-
income
18 022
19 743
-
-
total
18 022
19 743
-
-
Dividends
182 223
199 619
-
-
social contributions
35 413
38 805
-
-
withholding
34 622
37 928
-
-
total
70 035
76 733
-
-
Income
232 000
232 000
232 000
232 000
Total tax
101 404
101 788
97 508
71 282
After tax
130 596
130 212
134 492
160 718
Living cost
18 409
18 409
18 409
18 409
Free-cash
112 187
111 803
116 083
142 309

Estimated living cost  is ₽18409 per week

₽12562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161053
₽154741
₽99805
₽109177
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
46 401
health
-
-
-
30 160
total
-
-
-
107 649
Employee
28 830
-
173 394
-
income
3 246
-
33 429
-
pensions
577
-
3 468
-
unemployment
461
-
2 775
-
total
4 284
-
39 672
-
Employer
28 830
-
173 394
-
unemployment
231
-
1 387
-
pensions
5 766
-
34 677
-
health
3 747
-
22 541
-
total
9 744
-
58 605
-
Corporate
193 425
232 000
-
-
income
38 685
46 401
-
-
total
38 685
46 401
-
-
Dividends
154 741
185 599
-
-
total
-
-
-
-
Income
232 000
232 000
232 000
232 000
Total tax
52 713
46 401
98 277
107 649
After tax
179 287
185 599
133 723
124 351
Living cost
24 546
24 546
24 546
24 546
Free-cash
154 741
161 053
109 177
99 805

Estimated living cost  is ₽24546 per week

₽16836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3404
₽15387
₽136204
₽105728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
66 573
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
73 600
Employee
34 915
-
212 144
-
health
3 998
-
24 291
-
income
4 790
-
52 232
-
pensions
3 932
-
7 697
-
total
12 720
-
84 220
-
Employer
34 915
-
212 144
-
accident
583
-
3 543
-
unemployment
855
-
5 198
-
pensions
5 677
-
11 115
-
total
7 115
-
19 856
-
Corporate
189 969
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.

170 972
208 800
-
-
total
170 972
208 800
-
-
Dividends
18 997
23 200
-
-
withholding
3 610
4 408
-
-
total
3 610
4 408
-
-
Income
232 000
232 000
232 000
232 000
Total tax
194 417
213 208
104 076
73 600
After tax
37 583
18 792
127 924
158 400
Living cost
22 196
22 196
22 196
22 196
Free-cash
15 387
-3 404
105 728
136 204

Estimated living cost  is ₽22196 per week

₽16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽211138
₽209402
₽220418
₽176338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 577
-
232 000
-
income
2 315
-
46 400
-
total
2 315
-
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%.

220 423
232 000
-
-
total
-
-
-
-
Dividends
220 423
232 000
-
-
withholding
11 021
11 600
-
-
total
11 021
11 600
-
-
Income
232 000
232 000
232 000
232 000
Total tax
13 336
11 600
46 400
2 320
After tax
218 664
220 400
185 600
229 680
Living cost
9 262
9 262
9 262
9 262
Free-cash
209 402
211 138
176 338
220 418

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143371
₽136508
₽112798
₽110888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 893
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.

-
-
-
37 090
other
-
-
-
7 340
health
-
-
-
6 800
total
-
-
-
92 123
Employee
36 899
-
192 750
-
health
517
-
2 164
-
income
6 353
-
40 256
-
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.

2 582
-
10 817
-
unemployment
368
-
1 545
-
total
9 820
-
54 782
-
Employer
36 899
-
192 750
-
accident
295
-
1 543
-
other
1 846
-
7 726
-
unemployment
368
-
1 545
-
pensions

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

6 274
-
26 273
-
health
517
-
2 164
-
total
9 300
-
39 251
-
Corporate
185 801
232 000
-
-
income
39 018
48 721
-
-
total
39 018
48 721
-
-
Dividends
146 783
183 279
-
-
withholding
10 275
12 829
-
-
total
10 275
12 829
-
-
Income
232 000
232 000
232 000
232 000
Total tax
68 413
61 550
94 033
92 123
After tax
163 587
170 450
137 967
139 877
Living cost
27 079
27 079
27 079
27 079
Free-cash
136 508
143 371
110 888
112 798

Estimated living cost  is ₽27079 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
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.
₽5681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77866
₽86105
₽81543
₽60829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 809
pensions
-
-
-
10 239
total
-
-
-
82 048
Employee
96 788
-
202 186
-
health
1 595
-
2 731
-
income
17 447
-
58 002
-
pensions
9 337
-
12 215
-
total
28 379
-
72 948
-
Employer
96 788
-
202 186
-
pensions
11 428
-
25 973
-
health
1 838
-
3 841
-
total
13 266
-
29 814
-
Corporate
121 946
232 000
-
-
income

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

23 169
44 081
-
-
total
23 169
44 081
-
-
Dividends
98 777
187 919
-
-
withholding
12 672
41 644
-
-
total
12 672
41 644
-
-
Income
232 000
232 000
232 000
232 000
Total tax
77 486
85 725
102 762
82 048
After tax
154 514
146 275
129 238
149 952
Living cost
68 409
68 409
68 409
68 409
Free-cash
86 105
77 866
60 829
81 543

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽185038
₽180319
₽174401
₽184072
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
44 277
Employee
17 640
-
225 037
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
22 504
-
pensions

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

1 549
-
3 116
-
total
4 318
-
27 643
-
Employer
17 640
-
225 037
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
210 898
232 000
-
-
income
21 090
23 200
-
-
total
21 090
23 200
-
-
Dividends
189 808
208 800
-
-
withholding
9 490
10 440
-
-
total
9 490
10 440
-
-
Income
232 000
232 000
232 000
232 000
Total tax
38 359
33 640
34 606
44 277
After tax
193 641
198 360
197 394
187 723
Living cost
13 322
13 322
13 322
13 322
Free-cash
180 319
185 038
184 072
174 401

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59300
₽61855
₽68042
₽92016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
83 166
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
107 605
Employee
94 220
86 784
213 114
-
health
11 754
11 330
12 532
-
income

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

14 205
14 205
40 306
-
pensions
11 907
11 907
11 907
-
total
37 866
37 442
64 745
-
Employer
94 220
86 784
213 114
-
unemployment
3 392
3 124
3 882
-
pensions
6 557
6 040
7 508
-
health
6 547
6 032
7 496
-
total
16 496
15 196
18 886
-
Corporate
121 283
130 019
-
-
income
24 257
26 004
-
-
total
24 257
26 004
-
-
Dividends
97 026
104 014
-
-
income
20 618
22 103
-
-
withholding
14 555
15 602
-
-
total
35 173
37 705
-
-
Income
232 000
232 000
232 000
232 000
Total tax
113 792
116 347
83 631
107 605
After tax
118 208
115 653
148 369
124 395
Living cost
56 353
56 353
56 353
56 353
Free-cash
61 855
59 300
92 016
68 042

Estimated living cost  is ₽56353 per week

₽41570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135443
₽126778
₽113358
₽103105
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
24 859
health
-
-
-
31 320
solidarity contribution
-
-
-
3 222
social contributions
-
-
-
34 952
total
-
-
-
94 353
Employee
35 720
-
185 390
-
social contributions
2 322
-
7 780
-
health
4 822
-
25 028
-
solidarity contribution
-
-
2 302
-
income
4 286
-
22 887
-
total
11 430
-
57 997
-
Employer
35 720
-
185 390
-
social contributions
8 930
-
29 924
-
health
3 215
-
16 685
-
total
12 145
-
46 609
-
Corporate
184 135
232 000
-
-
income
34 986
44 080
-
-
total
34 986
44 080
-
-
Dividends
149 150
187 920
-
-
withholding
22 372
28 188
-
-
total
22 372
28 188
-
-
Income
232 000
232 000
232 000
232 000
Total tax
80 933
72 268
104 606
94 353
After tax
151 067
159 732
127 394
137 647
Living cost
24 289
24 289
24 289
24 289
Free-cash
126 778
135 443
103 105
113 358

Estimated living cost  is ₽24289 per week

₽16872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80897
₽75593
₽69142
₽60523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 448
regional
-
-
-
2 949
national
-
-
-
64 716
social contributions
-
-
-
50 863
total
-
-
-
119 976
Employee
90 319
-
232 000
-
social contributions
30 456
-
66 683
-
regional
852
-
2 675
-
municipal
478
-
1 323
-
national
15 650
-
57 914
-
total
47 436
-
128 595
-
Employer
90 319
-
232 000
-
total
-
-
-
-
Corporate
141 681
232 000
-
-
nationa
34 004
55 681
-
-
municipal
5 525
9 049
-
-
total
39 529
64 730
-
-
Dividends
102 152
167 270
-
-
withholding
26 560
43 491
-
-
total
26 560
43 491
-
-
Income
232 000
232 000
232 000
232 000
Total tax
113 525
108 221
128 595
119 976
After tax
118 475
123 779
103 405
112 024
Living cost
42 882
42 882
42 882
42 882
Free-cash
75 593
80 897
60 523
69 142

Estimated living cost  is ₽42882 per week

₽29892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123504
₽120340
₽86660
₽80448
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 485
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
12 443
total
-
-
-
122 915
Employee
33 607
-
203 450
-
other
-
-
-
-
health
858
-
3 458
-
surtax
110
-
11 226
-
income
5 633
-
67 406
-
pensions
2 241
-
9 047
-
unemployment
2 339
-
9 440
-
total
11 181
-
100 577
-
Employer
33 607
-
203 450
-
other
-
-
-
-
unemployment
1 065
-
4 299
-
pensions
4 480
-
18 080
-
health
1 529
-
6 171
-
total
7 074
-
28 550
-
Corporate
191 319
232 000
-
-
income
49 743
60 319
-
-
total
49 743
60 319
-
-
Dividends
141 576
171 681
-
-
withholding
21 237
25 752
-
-
total
21 237
25 752
-
-
Income
232 000
232 000
232 000
232 000
Total tax
89 235
86 071
129 127
122 915
After tax
142 765
145 929
102 873
109 085
Living cost
22 425
22 425
22 425
22 425
Free-cash
120 340
123 504
80 448
86 660

Estimated living cost  is ₽22425 per week

₽13712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99540
₽106298
₽103217
₽82503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 809
pensions
-
-
-
10 239
total
-
-
-
82 048
Employee
64 865
-
202 186
-
health
942
-
2 731
-
income
11 682
-
58 002
-
pensions
5 506
-
12 215
-
total
18 130
-
72 948
-
Employer
64 865
-
202 186
-
pensions
7 022
-
25 973
-
health
1 232
-
3 841
-
total
8 254
-
29 814
-
Corporate
158 882
232 000
-
-
income

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

30 188
44 081
-
-
total
30 188
44 081
-
-
Dividends
128 693
187 919
-
-
withholding
22 395
41 644
-
-
total
22 395
41 644
-
-
Income
232 000
232 000
232 000
232 000
Total tax
78 967
85 725
102 762
82 048
After tax
153 033
146 275
129 238
149 952
Living cost
46 735
46 735
46 735
46 735
Free-cash
106 298
99 540
82 503
103 217

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28474
₽61682
₽106195
₽97905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 446
pensions
-
-
-
21 343
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
-
-
-
13 105
health
-
-
-
522
national
-
-
-
6 135
total
-
-
-
48 192
Employee
90 828
-
208 912
-
city
975
-
2 261
-
regional
2 974
-
11 709
-
health
205
-
470
-
pensions
7 631
-
16 141
-
unemployment
-
-
-
-
national
430
-
5 112
-
total
12 215
-
35 693
-
Employer
90 828
-
208 912
-
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.

1 816
-
4 178
-
unemployment
-
-
-
-
pensions
7 631
-
16 141
-
health
205
-
470
-
total
9 652
-
20 789
-
Corporate
130 522
232 000
-
-
regional
27 605
49 067
-
-
national
11 095
19 721
-
-
total
38 700
68 788
-
-
Dividends
91 822
163 212
-
-
withholding
32 138
57 125
-
-
total
32 138
57 125
-
-
Income
232 000
232 000
232 000
232 000
Total tax
92 705
125 913
56 482
48 192
After tax
139 295
106 087
175 518
183 808
Living cost
77 613
77 613
77 613
77 613
Free-cash
61 682
28 474
97 905
106 195

Estimated living cost  is ₽77613 per week

₽50471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67985
₽84464
₽64961
₽96645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
31 684
income

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

-
-
-
77 589
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.

-
-
-
6 943
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.

-
-
-
4 268
total
-
-
-
120 484
Employee

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

61 075
-
232 000
-
health

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

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

6 943
-
6 943
-
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.

395
-
4 268
-
income

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

7 182
-
77 589
-
total
14 520
-
88 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
170 925
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.

1 410
1 913
-
-
income
25 638
34 801
-
-
trade
29 314
39 788
-
-
chamber of commerce
395
480
-
-
total
56 757
76 982
-
-
Dividends
114 168
155 018
-
-
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.

1 549
2 110
-
-
withholding
28 155
38 368
-
-
total
29 704
40 478
-
-
Income
232 000
232 000
232 000
232 000
Total tax
100 981
117 460
88 800
120 484
After tax
131 019
114 540
143 200
111 516
Living cost
46 555
46 555
46 555
46 555
Free-cash
84 464
67 985
96 645
64 961

Estimated living cost  is ₽46555 per week

₽34002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽82158
₽88160
₽91889
₽84881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 754
pensions
-
-
-
36 319
other
-
-
-
7 192
health
-
-
-
11 465
surtax
-
-
-
-
social contributions
-
-
-
6 611
total
-
-
-
105 341
Employee
43 494
-
176 815
-
social contributions
1 240
-
5 037
-
surtax
-
-
-
-
income
2 567
-
38 695
-
pensions
4 918
-
13 432
-
total
8 725
-
57 164
-
Employer
43 494
-
176 815
-
other
1 500
-
7 381
-
social contributions
131
-
530
-
unemployment
1 761
-
7 161
-
pensions
7 145
-
22 408
-
health
3 045
-
17 705
-
total
13 582
-
55 185
-
Corporate
174 923
232 000
-
-
surtax
-
-
-
-
income
48 979
64 959
-
-
total
48 979
64 959
-
-
Dividends
125 944
167 041
-
-
surtax
-
-
-
-
social contributions
21 663
28 731
-
-
withholding
16 121
21 382
-
-
total
37 784
50 113
-
-
Income
232 000
232 000
232 000
232 000
Total tax
109 070
115 072
112 349
105 341
After tax
122 930
116 928
119 651
126 659
Living cost
34 770
34 770
34 770
34 770
Free-cash
88 160
82 158
84 881
91 889

Estimated living cost  is ₽34770 per week

₽21924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85603
₽91247
₽95334
₽88326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 754
pensions
-
-
-
36 319
other
-
-
-
7 192
health
-
-
-
11 465
surtax
-
-
-
-
social contributions
-
-
-
6 611
total
-
-
-
105 341
Employee
38 825
-
176 815
-
social contributions
1 107
-
5 037
-
surtax
-
-
-
-
income
2 002
-
38 695
-
pensions
4 391
-
13 432
-
total
7 500
-
57 164
-
Employer
38 825
-
176 815
-
other
1 340
-
7 381
-
social contributions
116
-
530
-
unemployment
1 572
-
7 161
-
pensions
6 380
-
22 408
-
health
2 717
-
17 705
-
total
12 125
-
55 185
-
Corporate
181 050
232 000
-
-
surtax
-
-
-
-
income
50 694
64 959
-
-
total
50 694
64 959
-
-
Dividends
130 357
167 041
-
-
surtax
-
-
-
-
social contributions
22 423
28 731
-
-
withholding
16 686
21 382
-
-
total
39 109
50 113
-
-
Income
232 000
232 000
232 000
232 000
Total tax
109 428
115 072
112 349
105 341
After tax
122 572
116 928
119 651
126 659
Living cost
31 325
31 325
31 325
31 325
Free-cash
91 247
85 603
88 326
95 334

Estimated living cost  is ₽31325 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119993
₽120519
₽127440
₽121099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 801
health
-
-
-
16 194
social contributions
-
-
-
32 016
total
-
-
-
83 011
Employee
34 457
-
232 000
-
social contributions
4 756
-
32 016
-
health
2 405
-
16 194
-
income
5 747
-
41 142
-
total
12 908
-
89 352
-
Employer
34 457
-
232 000
-
total
-
-
-
-
Corporate
197 543
232 000
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

9 878
11 600
-
-
total
9 878
11 600
-
-
Dividends
187 665
220 400
-
-
health
13 099
15 384
-
-
social contributions
25 898
30 415
-
-
withholding
28 149
33 059
-
-
total
67 146
78 858
-
-
Income
232 000
232 000
232 000
232 000
Total tax
89 932
90 458
89 352
83 011
After tax
142 068
141 542
142 648
148 989
Living cost
21 549
21 549
21 549
21 549
Free-cash
120 519
119 993
121 099
127 440

Estimated living cost  is ₽21549 per week

₽14422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92050
₽90476
₽82986
₽24978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
928
income
-
-
-
74 797
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
201
total
-
-
-
113 205
Employee
50 788
40 499
192 262
-
other
507
405
1 188
-
health
1 965
1 568
4 594
-
income
5 782
2 987
62 872
-
pensions
5 201
4 146
12 158
-
unemployment
1 524
1 215
3 562
-
total
14 979
10 321
84 374
-
Employer
50 788
40 499
192 262
-
accident
660
526
1 543
-
other
2 413
1 923
8 507
-
chamber of commerce
202
162
769
-
unemployment
1 524
1 215
3 562
-
surtax
201
201
201
-
pensions
6 374
5 084
14 900
-
payroll
1 524
1 215
5 768
-
health
1 919
1 531
4 488
-
total
14 817
11 857
39 738
-
Corporate
166 397
179 644
188 405
-
income

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

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

41 599
44 912
47 101
-
total
41 599
44 912
47 101
-
Dividends
124 798
134 732
-
-
withholding
34 320
37 051
-
-
total
34 320
37 051
-
-
Income
232 000
232 000
232 000
232 000
Total tax
105 715
104 141
171 213
113 205
After tax
126 285
127 859
60 787
118 795
Living cost
35 809
35 809
35 809
35 809
Free-cash
90 476
92 050
24 978
82 986

Estimated living cost  is ₽35809 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90072
₽77343
₽63868
₽41666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
93 340
communal

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

-
-
-
12 401
social contributions
-
-
-
25 337
total
-
-
-
131 078
Employee

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

72 694
-
179 690
-
communal

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

3 792
-
9 373
-
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.

3 415
-
8 447
-
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.

5 452
-
13 477
-
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.

633
-
1 564
-
national
22 349
-
68 110
-
total
35 641
-
100 971
-
Employer

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

72 694
-
179 690
-
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.

945
-
2 337
-
unemployment

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

1 061
-
2 623
-
surtax
8 243
-
20 377
-
pensions

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

6 441
-
15 920
-
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.

4 470
-
11 052
-
total
21 160
-
52 309
-
Corporate
138 146
232 000
-
-
surtax
553
999
-
-
income
27 630
49 922
-
-
total
28 183
50 921
-
-
Dividends
109 963
181 079
-
-
withholding

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

32 619
53 953
-
-
total
32 619
53 953
-
-
Income
232 000
232 000
232 000
232 000
Total tax
117 603
104 874
153 280
131 078
After tax
114 397
127 126
78 720
100 922
Living cost
37 054
37 054
37 054
37 054
Free-cash
77 343
90 072
41 666
63 868

Estimated living cost  is ₽37054 per week

₽23868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117302
₽110339
₽92904
₽88641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
849
income
-
-
-
74 136
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
102 395
Employee
50 587
-
201 971
-
other
50
-
94
-
income
10 674
-
70 647
-
pensions
2 378
-
4 428
-
unemployment
785
-
1 460
-
total
13 887
-
76 629
-
Employer
50 587
-
201 971
-
accident
1 001
-
1 865
-
other
403
-
754
-
unemployment
2 783
-
5 180
-
pensions
11 938
-
22 230
-
total
16 125
-
30 029
-
Corporate
165 289
232 000
-
-
income

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

24 793
34 801
-
-
total
24 793
34 801
-
-
Dividends
140 495
197 199
-
-
withholding
30 155
43 196
-
-
total
30 155
43 196
-
-
Income
232 000
232 000
232 000
232 000
Total tax
84 960
77 997
106 658
102 395
After tax
147 040
154 003
125 342
129 605
Living cost
36 701
36 701
36 701
36 701
Free-cash
110 339
117 302
88 641
92 904

Estimated living cost  is ₽36701 per week

₽27027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75858
₽61883
₽53541
₽62792
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 956
income
-
-
-
44 036
pensions
-
-
-
34 774
health
-
-
-
16 300
surtax
-
-
-
11 502
communal
-
-
-
14 663
total
-
-
-
123 231
Employee
76 960
-
207 234
-
health
3 425
-
9 222
-
surtax
4 717
-
12 699
-
income
7 434
-
50 716
-
pensions
6 156
-
16 578
-
total
21 732
-
89 215
-
Employer
76 960
-
207 234
-
accident
692
-
1 865
-
pensions
6 156
-
16 578
-
health
2 347
-
6 322
-
total
9 195
-
24 765
-
Corporate
145 844
232 000
-
-
surtax
1 531
2 436
-
-
communal
9 845
15 660
-
-
income
21 877
34 801
-
-
total
33 253
52 897
-
-
Dividends
112 590
179 104
-
-
income
33 821
21 150
-
-
withholding
16 888
26 867
-
-
total
50 709
48 017
-
-
Income
232 000
232 000
232 000
232 000
Total tax
114 889
100 914
113 980
123 231
After tax
117 111
131 086
118 020
108 769
Living cost
55 228
55 228
55 228
55 228
Free-cash
61 883
75 858
62 792
53 541

Estimated living cost  is ₽55228 per week

₽41429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123103
₽119870
₽86259
₽80047
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
73 485
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
12 443
total
-
-
-
122 915
Employee
34 224
-
203 450
-
other
-
-
-
-
health
874
-
3 458
-
surtax
121
-
11 226
-
income
5 737
-
67 406
-
pensions
2 283
-
9 047
-
unemployment
2 382
-
9 440
-
total
11 397
-
100 577
-
Employer
34 224
-
203 450
-
other
-
-
-
-
unemployment
1 086
-
4 299
-
pensions
4 563
-
18 080
-
health
1 556
-
6 171
-
total
7 205
-
28 550
-
Corporate
190 571
232 000
-
-
income
49 548
60 319
-
-
total
49 548
60 319
-
-
Dividends
141 023
171 681
-
-
withholding
21 154
25 752
-
-
total
21 154
25 752
-
-
Income
232 000
232 000
232 000
232 000
Total tax
89 304
86 071
129 127
122 915
After tax
142 696
145 929
102 873
109 085
Living cost
22 826
22 826
22 826
22 826
Free-cash
119 870
123 103
80 047
86 259

Estimated living cost  is ₽22826 per week

₽13781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94567
₽92312
₽83920
₽75347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 448
regional
-
-
-
3 677
national
-
-
-
64 716
social contributions
-
-
-
50 863
total
-
-
-
120 704
Employee
56 373
-
232 000
-
social contributions
19 010
-
66 683
-
regional
759
-
3 357
-
municipal
299
-
1 323
-
national
8 931
-
57 914
-
total
28 999
-
129 277
-
Employer
56 373
-
232 000
-
total
-
-
-
-
Corporate
175 627
232 000
-
-
nationa
42 150
55 681
-
-
municipal
8 729
11 531
-
-
total
50 879
67 212
-
-
Dividends
124 748
164 788
-
-
withholding
32 434
42 845
-
-
total
32 434
42 845
-
-
Income
232 000
232 000
232 000
232 000
Total tax
112 312
110 057
129 277
120 704
After tax
119 688
121 943
102 723
111 296
Living cost
27 376
27 376
27 376
27 376
Free-cash
92 312
94 567
75 347
83 920

Estimated living cost  is ₽27376 per week

₽17025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
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.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129801
₽119123
₽107716
₽97463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
24 859
health
-
-
-
31 320
solidarity contribution
-
-
-
3 222
social contributions
-
-
-
34 952
total
-
-
-
94 353
Employee
44 016
-
185 390
-
social contributions
2 861
-
7 780
-
health
5 942
-
25 028
-
solidarity contribution
-
-
2 302
-
income
5 282
-
22 887
-
total
14 085
-
57 997
-
Employer
44 016
-
185 390
-
social contributions
11 004
-
29 924
-
health
3 961
-
16 685
-
total
14 965
-
46 609
-
Corporate
173 018
232 000
-
-
income
32 874
44 080
-
-
total
32 874
44 080
-
-
Dividends
140 145
187 920
-
-
withholding
21 022
28 188
-
-
total
21 022
28 188
-
-
Income
232 000
232 000
232 000
232 000
Total tax
82 946
72 268
104 606
94 353
After tax
149 054
159 732
127 394
137 647
Living cost
29 931
29 931
29 931
29 931
Free-cash
119 123
129 801
97 463
107 716

Estimated living cost  is ₽29931 per week

₽22259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95545
₽95043
₽86574
₽28413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
928
income
-
-
-
74 797
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
-
total
-
-
-
113 004
Employee
44 424
40 499
192 449
-
other
444
405
1 188
-
health
1 718
1 568
4 594
-
income
3 957
2 987
62 963
-
pensions
4 549
4 146
12 158
-
unemployment
1 333
1 215
3 562
-
total
12 001
10 321
84 465
-
Employer
44 424
40 499
192 449
-
accident
577
526
1 543
-
other
2 110
1 923
8 515
-
chamber of commerce
177
162
769
-
unemployment
1 333
1 215
3 562
-
surtax
-
-
-
-
pensions
5 575
5 084
14 900
-
payroll
1 333
1 215
5 774
-
health
1 680
1 531
4 488
-
total
12 785
11 656
39 551
-
Corporate
174 792
179 844
188 592
-
income

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

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

43 699
44 962
47 149
-
total
43 699
44 962
47 149
-
Dividends
131 093
134 882
-
-
withholding
36 050
37 094
-
-
total
36 050
37 094
-
-
Income
232 000
232 000
232 000
232 000
Total tax
104 535
104 033
171 165
113 004
After tax
127 465
127 967
60 835
118 996
Living cost
32 422
32 422
32 422
32 422
Free-cash
95 043
95 545
28 413
86 574

Estimated living cost  is ₽32422 per week

₽19449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽205967
₽203260
₽215247
₽171167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 042
-
232 000
-
income
3 609
-
46 400
-
total
3 609
-
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%.

213 958
232 000
-
-
total
-
-
-
-
Dividends
213 958
232 000
-
-
withholding
10 698
11 600
-
-
total
10 698
11 600
-
-
Income
232 000
232 000
232 000
232 000
Total tax
14 307
11 600
46 400
2 320
After tax
217 693
220 400
185 600
229 680
Living cost
14 433
14 433
14 433
14 433
Free-cash
203 260
205 967
171 167
215 247

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽132473
₽123974
₽80098
₽75058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
232 000
income
-
-
-
59 101
pensions
-
-
-
42 368
unemployment
-
-
-
347
health
-
-
-
22 828
total
-
-
-
124 644
Employee

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

44 939
-
200 746
-
health
2 902
-
12 968
-
income
7 750
-
54 064
-
pensions
6 966
-
31 115
-
unemployment
64
-
282
-
total
17 682
-
98 429
-
Employer

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

44 939
-
200 746
-
unemployment
27
-
120
-
pensions
3 977
-
17 766
-
health
2 993
-
13 369
-
total
6 997
-
31 255
-
Corporate
180 064
232 000
-
-
income
34 212
44 081
-
-
total
34 212
44 081
-
-
Dividends
145 852
187 919
-
-
withholding
21 877
28 188
-
-
total
21 877
28 188
-
-
Income
232 000
232 000
232 000
232 000
Total tax
80 768
72 269
129 684
124 644
After tax
151 232
159 731
102 316
107 356
Living cost
27 258
27 258
27 258
27 258
Free-cash
123 974
132 473
75 058
80 098

Estimated living cost  is ₽27258 per week

₽18707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97246
₽48848
₽116428
₽174711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 951
-
-
-
social contributions
5 162
-
736
-
income
13 886
-
-
-
total
19 048
-
736
-
Employer
62 951
-
-
-
social contributions
88 761
-
12 650
-
total
88 761
-
12 650
-
Corporate
80 288
232 000
-
-
income
17 663
51 040
-
-
total
17 663
51 040
-
-
Dividends
62 624
180 960
-
-
income
13 777
39 811
-
-
total
13 777
39 811
-
-
Income
232 000
232 000
232 000
232 000
Total tax
139 249
90 851
13 386
71 669
After tax
92 751
141 149
218 614
160 331
Living cost
43 903
43 903
43 903
43 903
Free-cash
48 848
97 246
174 711
116 428

Estimated living cost  is ₽43903 per week

₽28486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
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.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100083
₽99061
₽88968
₽70727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
232 000
income
-
-
-
30 534
surtax
-
-
-
-
social contributions

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

-
-
-
80 621
total
-
-
-
111 155
Employee
46 740
-
187 474
-
social contributions
5 141
-
20 622
-
surtax
-
-
314
-
income
9 722
-
63 936
-
total
14 863
-
84 872
-
Employer
46 740
-
187 474
-
social contributions
11 101
-
44 524
-
total
11 101
-
44 524
-
Corporate
174 159
232 000
-
-
surtax
-
-
-
-
income
36 573
48 721
-
-
total
36 573
48 721
-
-
Dividends
137 586
183 279
-
-
withholding
38 525
51 319
-
-
total
38 525
51 319
-
-
Income
232 000
232 000
232 000
232 000
Total tax
101 062
100 040
129 396
111 155
After tax
130 938
131 960
102 604
120 845
Living cost
31 877
31 877
31 877
31 877
Free-cash
99 061
100 083
70 727
88 968

Estimated living cost  is ₽31877 per week

₽23850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67844
₽74829
₽77575
₽70567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 754
pensions
-
-
-
36 319
other
-
-
-
7 192
health
-
-
-
11 465
surtax
-
-
-
-
social contributions
-
-
-
6 611
total
-
-
-
105 341
Employee
63 650
-
176 815
-
social contributions
1 813
-
5 037
-
surtax
-
-
-
-
income
5 554
-
38 695
-
pensions
7 199
-
13 432
-
total
14 566
-
57 164
-
Employer
63 650
-
176 815
-
other
2 197
-
7 381
-
social contributions
191
-
530
-
unemployment
2 578
-
7 161
-
pensions
10 458
-
22 408
-
health
4 455
-
17 705
-
total
19 879
-
55 185
-
Corporate
148 470
232 000
-
-
surtax
-
-
-
-
income
41 572
64 959
-
-
total
41 572
64 959
-
-
Dividends
106 899
167 041
-
-
surtax
-
-
-
-
social contributions
18 387
28 731
-
-
withholding
13 683
21 382
-
-
total
32 070
50 113
-
-
Income
232 000
232 000
232 000
232 000
Total tax
108 087
115 072
112 349
105 341
After tax
123 913
116 928
119 651
126 659
Living cost
49 084
49 084
49 084
49 084
Free-cash
74 829
67 844
70 567
77 575

Estimated living cost  is ₽49084 per week

₽33219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽178252
₽174839
₽138487
₽144653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
11 924
social contributions
-
-
-
51 041
total
-
-
-
62 965
Employee
32 672
-
200 866
-
income
-
-
12 609
-
social contributions
2 123
-
13 056
-
total
2 123
-
25 665
-
Employer
32 672
-
200 866
-
social contributions
5 064
-
31 134
-
total
5 064
-
31 134
-
Corporate
194 264
232 000
-
-
income
19 426
23 200
-
-
total
19 426
23 200
-
-
Dividends
174 838
208 800
-
-
total
-
-
-
-
Income
232 000
232 000
232 000
232 000
Total tax
26 613
23 200
56 799
62 965
After tax
205 387
208 800
175 201
169 035
Living cost
30 548
30 548
30 548
30 548
Free-cash
174 839
178 252
144 653
138 487

Estimated living cost  is ₽30548 per week

₽19752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10598
₽6035
₽84827
₽10598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
49 901
pensions
-
-
-
881
national
-
-
-
28 963
labour market
-
-
-
18 489
total
-
-
-
98 234
Employee
206 561
206 561
206 561
-
labour market
16 501
16 501
16 501
-
national
25 235
25 235
25 235
-
municipal
43 986
43 986
43 986
-
pensions
294
294
294
-
total
86 016
86 016
86 016
-
Employer
206 561
206 561
206 561
-
labour market
16 525
16 525
16 525
-
municipal
44 056
44 056
44 056
-
pensions
587
587
587
-
national
25 279
25 279
25 279
-
total
86 447
86 447
86 447
-
Corporate
10 597
-
-
-
income
2 331
-
-
-
total
2 331
-
-
-
Dividends
8 266
-
-
-
withholding
2 232
-
-
-
total
2 232
-
-
-
Income
232 000
232 000
232 000
232 000
Total tax
177 026
172 463
172 463
98 234
After tax
54 974
59 537
59 537
133 766
Living cost
48 939
48 939
48 939
48 939
Free-cash
6 035
10 598
10 598
84 827

Estimated living cost  is ₽48939 per week

₽33495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3076
₽15439
₽136532
₽106056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
66 573
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
73 600
Employee
34 400
-
212 144
-
health
3 939
-
24 291
-
income
4 719
-
52 232
-
pensions
3 874
-
7 697
-
total
12 532
-
84 220
-
Employer
34 400
-
212 144
-
accident
574
-
3 543
-
unemployment
843
-
5 198
-
pensions
5 593
-
11 115
-
total
7 010
-
19 856
-
Corporate
190 589
232 000
-
-
income

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

171 530
208 800
-
-
total
171 530
208 800
-
-
Dividends
19 059
23 200
-
-
withholding
3 621
4 408
-
-
total
3 621
4 408
-
-
Income
232 000
232 000
232 000
232 000
Total tax
194 693
213 208
104 076
73 600
After tax
37 307
18 792
127 924
158 400
Living cost
21 868
21 868
21 868
21 868
Free-cash
15 439
-3 076
106 056
136 532

Estimated living cost  is ₽21868 per week

₽15918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103066
₽106207
₽102920
₽76348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
41 194
health
-
-
-
3 149
national
-
-
-
45 720
total
-
-
-
90 063
Employee
53 468
-
195 171
-
health
399
-
2 582
-
municipal
8 758
-
31 767
-
pensions
3 608
-
13 174
-
unemployment
802
-
2 928
-
national
883
-
29 357
-
total
14 450
-
79 808
-
Employer
53 468
-
195 171
-
accident
54
-
195
-
unemployment
347
-
1 269
-
pensions
9 276
-
33 861
-
health
411
-
1 502
-
total
10 088
-
36 827
-
Corporate
168 444
232 000
-
-
income
33 690
46 401
-
-
total
33 690
46 401
-
-
Dividends

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

101 066
139 199
-
-
national
10 356
18 460
-
-
municipal
18 192
25 056
-
-
total
28 548
43 516
-
-
Income
232 000
232 000
232 000
232 000
Total tax
86 776
89 917
116 635
90 063
After tax
145 224
142 083
115 365
141 937
Living cost
39 017
39 017
39 017
39 017
Free-cash
106 207
103 066
76 348
102 920

Estimated living cost  is ₽39017 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3753
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.
₽9159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145544
₽140012
₽132390
₽130492
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
53 721
health
-
-
-
5 917
social contributions
-
-
-
16 443
total
-
-
-
76 081
Employee
78 145
78 145
219 196
-
social contributions
2 955
6 486
8 748
-
health
606
1 329
3 726
-
income
8 509
7 234
52 701
-
total
12 070
15 049
65 175
-
Employer
78 145
78 145
219 196
-
social contributions
2 955
6 486
8 748
-
health
658
1 446
4 056
-
total
3 613
7 932
12 804
-
Corporate
192 790
145 922
-
-
income
24 099
18 240
-
-
total
24 099
18 240
-
-
Dividends
168 691
127 682
-
-
withholding
28 677
21 706
-
-
total
28 677
21 706
-
-
Income
232 000
232 000
232 000
232 000
Total tax
68 459
62 927
77 979
76 081
After tax
163 541
169 073
154 021
155 919
Living cost
23 529
23 529
23 529
23 529
Free-cash
140 012
145 544
130 492
132 390

Estimated living cost  is ₽23529 per week

₽14102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽175985
₽170814
₽181653
₽161269
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 041
pensions
-
-
-
6 464
unemployment
-
-
-
29
health
-
-
-
3 678
total
-
-
-
34 212
Employee

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

23 327
-
222 068
-
health
1 983
-
8 196
-
income
1 595
-
21 523
-
pensions
3 498
-
14 464
-
unemployment
116
-
482
-
total
7 192
-
44 665
-
Employer

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

23 327
-
222 068
-
unemployment
116
-
482
-
pensions
1 282
-
5 303
-
health
1 003
-
4 146
-
total
2 401
-
9 931
-
Corporate
206 272
232 000
-
-
income
18 564
20 880
-
-
total
18 564
20 880
-
-
Dividends
187 708
211 120
-
-
withholding
16 894
19 000
-
-
total
16 894
19 000
-
-
Income
232 000
232 000
232 000
232 000
Total tax
45 051
39 880
54 596
34 212
After tax
186 949
192 120
177 404
197 788
Living cost
16 135
16 135
16 135
16 135
Free-cash
170 814
175 985
161 269
181 653

Estimated living cost  is ₽16135 per week

₽10295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126057
₽121570
₽101659
₽97396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
849
income
-
-
-
74 136
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
102 395
Employee
37 577
-
201 971
-
other
37
-
94
-
income
7 245
-
70 647
-
pensions
1 767
-
4 428
-
unemployment
582
-
1 460
-
total
9 631
-
76 629
-
Employer
37 577
-
201 971
-
accident
744
-
1 865
-
other
301
-
754
-
unemployment
2 067
-
5 180
-
pensions
8 867
-
22 230
-
total
11 979
-
30 029
-
Corporate
182 443
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.

27 366
34 801
-
-
total
27 366
34 801
-
-
Dividends
155 077
197 199
-
-
withholding
33 508
43 196
-
-
total
33 508
43 196
-
-
Income
232 000
232 000
232 000
232 000
Total tax
82 484
77 997
106 658
102 395
After tax
149 516
154 003
125 342
129 605
Living cost
27 946
27 946
27 946
27 946
Free-cash
121 570
126 057
97 396
101 659

Estimated living cost  is ₽27946 per week

₽18863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
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.
₽5907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141987
₽141531
₽146385
₽146188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 334
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
82 834
Employee
4 236
-
229 718
-
health
212
-
507
-
income
820
-
79 227
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
80 748
-
Employer
4 236
-
229 718
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
226 810
232 000
-
-
income
49 898
51 040
-
-
total
49 898
51 040
-
-
Dividends
176 912
180 960
-
-
withholding
35 382
36 192
-
-
total
35 382
36 192
-
-
Income
232 000
232 000
232 000
232 000
Total tax
87 688
87 232
83 031
82 834
After tax
144 312
144 768
148 969
149 166
Living cost
2 781
2 781
2 781
2 781
Free-cash
141 531
141 987
146 188
146 385

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150062
₽145064
₽132320
₽132320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
232 000
income
-
-
-
53 759
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 728
total
-
-
-
82 122
Employee

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

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

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

26 477
-
218 569
-
health
1 364
-
3 864
-
income
3 650
-
53 759
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
68 691
-
Employer

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

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

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

26 477
-
218 569
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
200 784
232 000
-
-
income
30 118
34 800
-
-
total
30 118
34 800
-
-
Dividends
170 666
197 200
-
-
withholding
25 600
29 580
-
-
total
25 600
29 580
-
-
Income
232 000
232 000
232 000
232 000
Total tax
69 378
64 380
82 122
82 122
After tax
162 622
167 620
149 878
149 878
Living cost
17 558
17 558
17 558
17 558
Free-cash
145 064
150 062
132 320
132 320

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104562
₽104197
₽93447
₽75206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
232 000
income
-
-
-
30 534
surtax
-
-
-
-
social contributions

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

-
-
-
80 621
total
-
-
-
111 155
Employee
39 443
-
187 474
-
social contributions
4 339
-
20 622
-
surtax
-
-
314
-
income
7 707
-
63 936
-
total
12 046
-
84 872
-
Employer
39 443
-
187 474
-
social contributions
9 367
-
44 524
-
total
9 367
-
44 524
-
Corporate
183 190
232 000
-
-
surtax
-
-
-
-
income
38 471
48 721
-
-
total
38 471
48 721
-
-
Dividends
144 719
183 279
-
-
withholding
40 521
51 319
-
-
total
40 521
51 319
-
-
Income
232 000
232 000
232 000
232 000
Total tax
100 405
100 040
129 396
111 155
After tax
131 595
131 960
102 604
120 845
Living cost
27 398
27 398
27 398
27 398
Free-cash
104 197
104 562
75 206
93 447

Estimated living cost  is ₽27398 per week

₽19405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118287
₽111638
₽93889
₽89626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
849
income
-
-
-
74 136
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
102 395
Employee
49 081
-
201 971
-
other
48
-
94
-
income
10 251
-
70 647
-
pensions
2 307
-
4 428
-
unemployment
760
-
1 460
-
total
13 366
-
76 629
-
Employer
49 081
-
201 971
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 700
-
5 180
-
pensions
11 583
-
22 230
-
total
15 648
-
30 029
-
Corporate
167 271
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.

25 090
34 801
-
-
total
25 090
34 801
-
-
Dividends
142 181
197 199
-
-
withholding
30 542
43 196
-
-
total
30 542
43 196
-
-
Income
232 000
232 000
232 000
232 000
Total tax
84 646
77 997
106 658
102 395
After tax
147 354
154 003
125 342
129 605
Living cost
35 716
35 716
35 716
35 716
Free-cash
111 638
118 287
89 626
93 889

Estimated living cost  is ₽35716 per week

₽25650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽180881
₽174688
₽170244
₽179915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
44 277
Employee
23 145
-
225 037
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
22 504
-
pensions

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

2 032
-
3 116
-
total
5 666
-
27 643
-
Employer
23 145
-
225 037
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
204 314
232 000
-
-
income
20 432
23 200
-
-
total
20 432
23 200
-
-
Dividends
183 882
208 800
-
-
withholding
9 194
10 440
-
-
total
9 194
10 440
-
-
Income
232 000
232 000
232 000
232 000
Total tax
39 833
33 640
34 606
44 277
After tax
192 167
198 360
197 394
187 723
Living cost
17 479
17 479
17 479
17 479
Free-cash
174 688
180 881
179 915
170 244

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80078
₽93372
₽77453
₽103965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
26 512
income

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

-
-
-
77 589
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.

-
-
-
6 943
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.

-
-
-
4 268
total
-
-
-
115 312
Employee

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

50 565
-
232 000
-
health

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

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

6 943
-
6 943
-
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.

229
-
4 268
-
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.

4 158
-
77 589
-
total
11 330
-
88 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
181 435
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.

1 497
1 913
-
-
income
27 216
34 801
-
-
trade
26 035
33 292
-
-
chamber of commerce
420
494
-
-
total
55 168
70 500
-
-
Dividends
126 267
161 500
-
-
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.

1 714
2 199
-
-
withholding
31 181
39 988
-
-
total
32 895
42 187
-
-
Income
232 000
232 000
232 000
232 000
Total tax
99 393
112 687
88 800
115 312
After tax
132 607
119 313
143 200
116 688
Living cost
39 235
39 235
39 235
39 235
Free-cash
93 372
80 078
103 965
77 453

Estimated living cost  is ₽39235 per week

₽27065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4222
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.
₽7379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104509
₽106752
₽58173
₽58173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
232 000
income
-
-
-
76 002
social contributions
-
-
-
39 934
total
-
-
-
115 936
Employee
79 494
-
232 000
-
income
15 000
-
76 002
-
social contributions
6 604
-
39 934
-
total
21 604
-
115 936
-
Employer
79 494
-
232 000
-
total
-
-
-
-
Corporate
152 506
232 000
-
-
income
19 064
29 000
-
-
total
19 064
29 000
-
-
Dividends
133 442
203 000
-
-
withholding
26 689
40 600
-
-
total
26 689
40 600
-
-
Income
232 000
232 000
232 000
232 000
Total tax
67 357
69 600
115 936
115 936
After tax
164 643
162 400
116 064
116 064
Living cost
57 891
57 891
57 891
57 891
Free-cash
106 752
104 509
58 173
58 173

Estimated living cost  is ₽57891 per week

₽44042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108542
₽112091
₽153497
₽124832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 801
health

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

-
-
-
6 812
total
-
-
-
41 613
Employee
46 620
-
227 325
-
income
5 059
-
60 928
-
social contributions
4 671
-
4 675
-
total
9 730
-
65 603
-
Employer
46 620
-
227 325
-
social contributions
4 671
-
4 675
-
total
4 671
-
4 675
-
Corporate
180 709
232 000
-
-
income
63 249
81 199
-
-
total
63 249
81 199
-
-
Dividends
117 461
150 801
-
-
social contributions
5 369
5 369
-
-
total
5 369
5 369
-
-
Income
232 000
232 000
232 000
232 000
Total tax
83 019
86 568
70 278
41 613
After tax
148 981
145 432
161 722
190 387
Living cost
36 890
36 890
36 890
36 890
Free-cash
112 091
108 542
124 832
153 497

Estimated living cost  is ₽36890 per week

₽24300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108281
₽114340
₽111958
₽91244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
71 809
pensions
-
-
-
10 239
total
-
-
-
82 048
Employee
52 152
-
202 186
-
health
680
-
2 731
-
income
9 497
-
58 002
-
pensions
3 980
-
12 215
-
total
14 157
-
72 948
-
Employer
52 152
-
202 186
-
pensions
5 269
-
25 973
-
health
991
-
3 841
-
total
6 260
-
29 814
-
Corporate
173 588
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.

32 982
44 081
-
-
total
32 982
44 081
-
-
Dividends
140 606
187 919
-
-
withholding
26 267
41 644
-
-
total
26 267
41 644
-
-
Income
232 000
232 000
232 000
232 000
Total tax
79 666
85 725
102 762
82 048
After tax
152 334
146 275
129 238
149 952
Living cost
37 994
37 994
37 994
37 994
Free-cash
114 340
108 281
91 244
111 958

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5241
₽15106
₽134367
₽103891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
66 573
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
73 600
Employee
37 806
-
212 144
-
health
4 329
-
24 291
-
income
5 187
-
52 232
-
pensions
4 257
-
7 697
-
total
13 773
-
84 220
-
Employer
37 806
-
212 144
-
accident
631
-
3 543
-
unemployment
926
-
5 198
-
pensions
6 147
-
11 115
-
total
7 704
-
19 856
-
Corporate
186 490
232 000
-
-
income

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

167 841
208 800
-
-
total
167 841
208 800
-
-
Dividends
18 649
23 200
-
-
withholding
3 543
4 408
-
-
total
3 543
4 408
-
-
Income
232 000
232 000
232 000
232 000
Total tax
192 861
213 208
104 076
73 600
After tax
39 139
18 792
127 924
158 400
Living cost
24 033
24 033
24 033
24 033
Free-cash
15 106
-5 241
103 891
134 367

Estimated living cost  is ₽24033 per week

₽17638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163785
₽160717
₽134658
₽156952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
39 059
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
83 647
Employee

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

21 911
-
232 000
-
work injury
110
-
405
-
income
2 191
-
39 059
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
61 353
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
210 089
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%.

21 009
23 200
-
-
total
21 009
23 200
-
-
Dividends
189 080
208 800
-
-
withholding
28 362
31 320
-
-
total
28 362
31 320
-
-
Income
232 000
232 000
232 000
232 000
Total tax
57 588
54 520
61 353
83 647
After tax
174 412
177 480
170 647
148 353
Living cost
13 695
13 695
13 695
13 695
Free-cash
160 717
163 785
156 952
134 658

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81717
₽77094
₽68614
₽60265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 630
regional
-
-
-
5 692
national
-
-
-
64 716
social contributions
-
-
-
50 863
total
-
-
-
122 901
Employee
85 636
-
232 000
-
social contributions
28 876
-
66 683
-
regional
1 293
-
5 166
-
municipal
511
-
1 487
-
national
14 472
-
57 914
-
total
45 152
-
131 250
-
Employer
85 636
-
232 000
-
total
-
-
-
-
Corporate
146 364
232 000
-
-
nationa
35 126
55 681
-
-
municipal
7 055
11 182
-
-
total
42 181
66 863
-
-
Dividends
104 183
165 137
-
-
withholding
27 088
42 935
-
-
total
27 088
42 935
-
-
Income
232 000
232 000
232 000
232 000
Total tax
114 421
109 798
131 250
122 901
After tax
117 579
122 202
100 750
109 099
Living cost
40 485
40 485
40 485
40 485
Free-cash
77 094
81 717
60 265
68 614

Estimated living cost  is ₽40485 per week

₽28438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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