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
₽ 233000
per

Your estimated
City
free-cash

Dresden , Germany
₽87002
₽98112
₽83828
₽113170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 000
trade
-
-
-
29 342
income

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

-
-
-
78 241
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.

-
-
-
6 862
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.

-
-
-
4 304
total
-
-
-
118 749
Employee

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

38 417
-
233 000
-
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.

6 862
-
6 862
-
surtax

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

59
-
4 304
-
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.

1 073
-
78 241
-
total
7 994
-
89 407
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 583
233 000
-
-
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.

1 605
1 921
-
-
income
29 188
34 950
-
-
trade
30 646
36 698
-
-
chamber of commerce
433
488
-
-
total
61 872
74 057
-
-
Dividends
132 711
158 943
-
-
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.

1 803
2 165
-
-
withholding
32 796
39 353
-
-
total
34 599
41 518
-
-
Income
233 000
233 000
233 000
233 000
Total tax
104 465
115 575
89 407
118 749
After tax
128 535
117 425
143 593
114 251
Living cost
30 423
30 423
30 423
30 423
Free-cash
98 112
87 002
113 170
83 828

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94709
₽93866
₽81462
₽82714
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
municipal
-
-
-
25 928
pensions
-
-
-
27 960
national
-
-
-
44 462
social contributions
-
-
-
2 505
total
-
-
-
100 855
Employee
78 568
-
201 426
-
municipal
9 704
-
26 830
-
pensions
3 143
-
8 057
-
national
15 038
-
46 437
-
total
27 885
-
81 324
-
Employer
78 568
-
201 426
-
social contributions
845
-
2 165
-
pensions
6 285
-
16 114
-
total
7 130
-
18 279
-
Corporate
142 117
233 000
-
-
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%.

28 423
46 600
-
-
total
28 423
46 600
-
-
Dividends
113 693
186 400
-
-
withholding
25 013
41 008
-
-
total
25 013
41 008
-
-
Income
233 000
233 000
233 000
233 000
Total tax
88 451
87 608
99 603
100 855
After tax
144 549
145 392
133 397
132 145
Living cost
50 683
50 683
50 683
50 683
Free-cash
93 866
94 709
82 714
81 462

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽165504
₽157263
₽64327
₽80777
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 000
microenterprise
-
-
-
-
income
-
-
-
49 878
surtax
-
-
-
59 415
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.

-
-
-
38 484
total
-
-
-
147 777
Employee
29 350
-
183 930
-
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.

3 229
-
13 167
-
surtax
-
-
26 670
-
income
5 225
-
42 420
-
total
8 454
-
82 257
-
Employer
29 350
-
183 930
-
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.

7 070
-
28 837
-
surtax
-
-
20 233
-
total
7 070
-
49 070
-
Corporate
196 580
233 000
-
-
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%.

39 317
46 600
-
-
total
39 317
46 600
-
-
Dividends

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

157 264
186 400
-
-
total
-
-
-
-
Income
233 000
233 000
233 000
233 000
Total tax
54 841
46 600
131 327
147 777
After tax
178 159
186 400
101 673
85 223
Living cost
20 896
20 896
20 896
20 896
Free-cash
157 263
165 504
80 777
64 327

Estimated living cost  is ₽20896 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
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.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74117
₽67964
₽82656
₽106925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
84 113
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
108 267
Employee
85 774
85 774
214 334
-
health
13 165
11 198
12 386
-
income

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

14 040
14 040
41 178
-
pensions
15 439
11 768
11 768
-
total
42 644
37 006
65 332
-
Employer
85 774
85 774
214 334
-
unemployment
3 088
3 088
3 837
-
pensions
5 970
5 970
7 420
-
health
5 962
5 962
7 409
-
total
15 020
15 020
18 666
-
Corporate
133 258
132 206
-
-
income
26 651
26 441
-
-
total
26 651
26 441
-
-
Dividends
106 607
105 765
-
-
income
22 654
22 475
-
-
withholding
15 990
15 864
-
-
total
38 644
38 339
-
-
Income
233 000
233 000
233 000
233 000
Total tax
122 959
116 806
83 998
108 267
After tax
110 041
116 194
149 002
124 733
Living cost
42 077
42 077
42 077
42 077
Free-cash
67 964
74 117
106 925
82 656

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88255
₽87381
₽76918
₽75972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
municipal
-
-
-
62 104
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
30 277
total
-
-
-
117 119
Employee
55 518
-
206 170
-
municipal
16 556
-
61 480
-
national
-
-
29 754
-
total
16 556
-
91 234
-
Employer
55 518
-
206 170
-
accident
111
-
171
-
other
6 451
-
9 923
-
unemployment
1 466
-
2 254
-
pensions
6 001
-
9 231
-
health
3 414
-
5 252
-
total
17 443
-
26 831
-
Corporate
160 038
233 000
-
-
income
35 208
51 260
-
-
total
35 208
51 260
-
-
Dividends
124 829
181 740
-
-
withholding
37 449
54 522
-
-
total
37 449
54 522
-
-
Income
233 000
233 000
233 000
233 000
Total tax
106 656
105 782
118 065
117 119
After tax
126 344
127 218
114 935
115 881
Living cost
38 963
38 963
38 963
38 963
Free-cash
87 381
88 255
75 972
76 918

Estimated living cost  is ₽38963 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
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.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76770
₽90881
₽73489
₽104135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 000
trade
-
-
-
30 646
income

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

-
-
-
78 241
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.

-
-
-
6 862
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.

-
-
-
4 304
total
-
-
-
120 053
Employee

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

50 937
-
233 000
-
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.

6 862
-
6 862
-
surtax

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

240
-
4 304
-
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.

4 376
-
78 241
-
total
11 478
-
89 407
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
182 063
233 000
-
-
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.

1 502
1 921
-
-
income
27 310
34 950
-
-
trade
29 950
38 328
-
-
chamber of commerce
412
484
-
-
total
59 174
75 683
-
-
Dividends
122 889
157 317
-
-
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.

1 668
2 142
-
-
withholding
30 341
38 947
-
-
total
32 009
41 089
-
-
Income
233 000
233 000
233 000
233 000
Total tax
102 661
116 772
89 407
120 053
After tax
130 339
116 228
143 593
112 947
Living cost
39 458
39 458
39 458
39 458
Free-cash
90 881
76 770
104 135
73 489

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137213
₽133049
₽123869
₽121971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
54 360
health
-
-
-
5 941
social contributions
-
-
-
16 251
total
-
-
-
76 552
Employee
77 236
77 236
220 279
-
social contributions
3 753
6 410
8 646
-
health
768
1 313
3 745
-
income
8 110
7 150
53 338
-
total
12 631
14 873
65 729
-
Employer
77 236
77 236
220 279
-
social contributions
3 753
6 410
8 646
-
health
837
1 430
4 075
-
total
4 590
7 840
12 721
-
Corporate
183 200
147 925
-
-
income
22 900
18 491
-
-
total
22 900
18 491
-
-
Dividends
160 300
129 434
-
-
withholding
27 251
22 004
-
-
total
27 251
22 004
-
-
Income
233 000
233 000
233 000
233 000
Total tax
67 372
63 208
78 450
76 552
After tax
165 628
169 792
154 550
156 448
Living cost
32 579
32 579
32 579
32 579
Free-cash
133 049
137 213
121 971
123 869

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112541
₽112920
₽143182
₽116842
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
28 484
pensions
-
-
-
23 300
unemployment
-
-
-
3 495
health
-
-
-
16 310
total
-
-
-
71 589
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.

26 314
10 473
194 979
-
health
1 842
733
13 649
-
income
3 217
1 280
23 836
-
pensions
2 631
1 047
19 498
-
unemployment
395
157
2 925
-
total
8 085
3 217
59 908
-
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.

26 314
10 473
194 979
-
pensions
5 131
2 042
38 021
-
total
5 131
2 042
38 021
-
Corporate
201 555
220 485
-
-
income
18 140
19 844
-
-
total
18 140
19 844
-
-
Dividends
183 415
200 642
-
-
social contributions
35 646
39 005
-
-
withholding
34 849
38 122
-
-
total
70 495
77 127
-
-
Income
233 000
233 000
233 000
233 000
Total tax
101 851
102 230
97 929
71 589
After tax
131 149
130 770
135 071
161 411
Living cost
18 229
18 229
18 229
18 229
Free-cash
112 920
112 541
116 842
143 182

Estimated living cost  is ₽18229 per week

₽12440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162139
₽155897
₽100627
₽110036
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
31 222
pensions
-
-
-
46 600
health
-
-
-
30 290
total
-
-
-
108 112
Employee
28 494
-
174 140
-
income
3 208
-
33 574
-
pensions
570
-
3 482
-
unemployment
456
-
2 787
-
total
4 234
-
39 843
-
Employer
28 494
-
174 140
-
unemployment
229
-
1 393
-
pensions
5 699
-
34 828
-
health
3 704
-
22 639
-
total
9 632
-
58 860
-
Corporate
194 875
233 000
-
-
income
38 976
46 600
-
-
total
38 976
46 600
-
-
Dividends
155 899
186 400
-
-
total
-
-
-
-
Income
233 000
233 000
233 000
233 000
Total tax
52 842
46 600
98 703
108 112
After tax
180 158
186 400
134 297
124 888
Living cost
24 261
24 261
24 261
24 261
Free-cash
155 897
162 139
110 036
100 627

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3172
₽15490
₽137032
₽106501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
accident
-
-
-
253
income
-
-
-
66 945
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
73 923
Employee
34 678
-
213 177
-
health
3 971
-
24 409
-
income
4 758
-
52 577
-
pensions
3 905
-
7 645
-
total
12 634
-
84 631
-
Employer
34 678
-
213 177
-
accident
579
-
3 560
-
unemployment
850
-
5 223
-
pensions
5 639
-
11 040
-
total
7 068
-
19 823
-
Corporate
191 254
233 000
-
-
income

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

172 129
209 700
-
-
total
172 129
209 700
-
-
Dividends
19 126
23 300
-
-
withholding
3 634
4 427
-
-
total
3 634
4 427
-
-
Income
233 000
233 000
233 000
233 000
Total tax
195 465
214 127
104 454
73 923
After tax
37 535
18 873
128 546
159 077
Living cost
22 045
22 045
22 045
22 045
Free-cash
15 490
-3 172
106 501
137 032

Estimated living cost  is ₽22045 per week

₽16157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽212250
₽210544
₽221570
₽177300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
233 000
microenterprise

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

-
-
-
2 330
total
-
-
-
2 330
Employee
11 375
-
233 000
-
income
2 275
-
46 600
-
total
2 275
-
46 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

221 625
233 000
-
-
total
-
-
-
-
Dividends
221 625
233 000
-
-
withholding
11 081
11 650
-
-
total
11 081
11 650
-
-
Income
233 000
233 000
233 000
233 000
Total tax
13 356
11 650
46 600
2 330
After tax
219 644
221 350
186 400
230 670
Living cost
9 100
9 100
9 100
9 100
Free-cash
210 544
212 250
177 300
221 570

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144422
₽137636
₽114261
₽112352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
41 341
pensions

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

-
-
-
36 658
other
-
-
-
7 255
health
-
-
-
6 721
total
-
-
-
91 975
Employee
36 470
-
194 179
-
health
511
-
2 139
-
income
6 279
-
40 705
-
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.

2 552
-
10 691
-
unemployment
364
-
1 527
-
total
9 706
-
55 062
-
Employer
36 470
-
194 179
-
accident
292
-
1 553
-
other
1 824
-
7 636
-
unemployment
364
-
1 527
-
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.

6 201
-
25 967
-
health
511
-
2 139
-
total
9 192
-
38 822
-
Corporate
187 339
233 000
-
-
income
39 342
48 929
-
-
total
39 342
48 929
-
-
Dividends
147 997
184 071
-
-
withholding
10 360
12 885
-
-
total
10 360
12 885
-
-
Income
233 000
233 000
233 000
233 000
Total tax
68 600
61 814
93 884
91 975
After tax
164 400
171 186
139 116
141 025
Living cost
26 764
26 764
26 764
26 764
Free-cash
137 636
144 422
112 352
114 261

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79350
₽87430
₽83179
₽62399
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
72 567
pensions
-
-
-
10 152
total
-
-
-
82 719
Employee
94 939
-
203 017
-
health
1 564
-
2 725
-
income
17 114
-
58 715
-
pensions
9 159
-
12 076
-
total
27 837
-
73 516
-
Employer
94 939
-
203 017
-
pensions
11 210
-
26 125
-
health
1 803
-
3 858
-
total
13 013
-
29 983
-
Corporate
125 048
233 000
-
-
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.

23 758
44 270
-
-
total
23 758
44 270
-
-
Dividends
101 290
188 730
-
-
withholding
13 860
42 278
-
-
total
13 860
42 278
-
-
Income
233 000
233 000
233 000
233 000
Total tax
78 468
86 548
103 499
82 719
After tax
154 532
146 452
129 501
150 281
Living cost
67 102
67 102
67 102
67 102
Free-cash
87 430
79 350
62 399
83 179

Estimated living cost  is ₽67102 per week

₽50281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽186047
₽181382
₽175516
₽185257
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
34 950
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
44 316
Employee
17 436
-
226 117
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
22 612
-
pensions

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

1 531
-
3 080
-
total
4 268
-
27 692
-
Employer
17 436
-
226 117
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
212 143
233 000
-
-
income
21 214
23 300
-
-
total
21 214
23 300
-
-
Dividends
190 929
209 700
-
-
withholding
9 547
10 485
-
-
total
9 547
10 485
-
-
Income
233 000
233 000
233 000
233 000
Total tax
38 450
33 785
34 575
44 316
After tax
194 550
199 215
198 425
188 684
Living cost
13 168
13 168
13 168
13 168
Free-cash
181 382
186 047
185 257
175 516

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60497
₽63022
₽69036
₽93305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
84 113
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
108 267
Employee
93 123
85 774
214 334
-
health
11 618
11 198
12 386
-
income

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

14 040
14 040
41 178
-
pensions
11 768
11 768
11 768
-
total
37 426
37 006
65 332
-
Employer
93 123
85 774
214 334
-
unemployment
3 353
3 088
3 837
-
pensions
6 481
5 970
7 420
-
health
6 471
5 962
7 409
-
total
16 305
15 020
18 666
-
Corporate
123 572
132 206
-
-
income
24 714
26 441
-
-
total
24 714
26 441
-
-
Dividends
98 858
105 765
-
-
income
21 007
22 475
-
-
withholding
14 829
15 864
-
-
total
35 836
38 339
-
-
Income
233 000
233 000
233 000
233 000
Total tax
114 281
116 806
83 998
108 267
After tax
118 719
116 194
149 002
124 733
Living cost
55 697
55 697
55 697
55 697
Free-cash
63 022
60 497
93 305
69 036

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽136402
₽127832
₽114514
₽104174
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
25 047
health
-
-
-
31 455
solidarity contribution
-
-
-
3 403
social contributions
-
-
-
34 562
total
-
-
-
94 467
Employee
35 322
-
186 614
-
social contributions
2 296
-
7 694
-
health
4 768
-
25 193
-
solidarity contribution
-
-
2 475
-
income
4 239
-
23 059
-
total
11 303
-
58 421
-
Employer
35 322
-
186 614
-
social contributions
8 831
-
29 591
-
health
3 179
-
16 795
-
total
12 010
-
46 386
-
Corporate
185 668
233 000
-
-
income
35 277
44 270
-
-
total
35 277
44 270
-
-
Dividends
150 391
188 730
-
-
withholding
22 559
28 309
-
-
total
22 559
28 309
-
-
Income
233 000
233 000
233 000
233 000
Total tax
81 149
72 579
104 807
94 467
After tax
151 851
160 421
128 193
138 533
Living cost
24 019
24 019
24 019
24 019
Free-cash
127 832
136 402
104 174
114 514

Estimated living cost  is ₽24019 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81932
₽76687
₽70350
₽61836
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
municipal
-
-
-
1 462
regional
-
-
-
2 980
national
-
-
-
65 554
social contributions
-
-
-
50 271
total
-
-
-
120 267
Employee
89 267
-
233 000
-
social contributions
30 101
-
65 907
-
regional
842
-
2 707
-
municipal
473
-
1 336
-
national
15 468
-
58 831
-
total
46 884
-
128 781
-
Employer
89 267
-
233 000
-
total
-
-
-
-
Corporate
143 733
233 000
-
-
nationa
34 496
55 921
-
-
municipal
5 606
9 086
-
-
total
40 102
65 007
-
-
Dividends
103 631
167 993
-
-
withholding
26 944
43 678
-
-
total
26 944
43 678
-
-
Income
233 000
233 000
233 000
233 000
Total tax
113 930
108 685
128 781
120 267
After tax
119 070
124 315
104 219
112 733
Living cost
42 383
42 383
42 383
42 383
Free-cash
76 687
81 932
61 836
70 350

Estimated living cost  is ₽42383 per week

₽29544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124393
₽121266
₽87355
₽81212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
74 294
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
12 630
total
-
-
-
123 481
Employee
33 216
-
204 782
-
other
-
-
-
-
health
848
-
3 418
-
surtax
109
-
11 429
-
income
5 568
-
68 288
-
pensions
2 215
-
8 941
-
unemployment
2 312
-
9 330
-
total
11 052
-
101 406
-
Employer
33 216
-
204 782
-
other
-
-
-
-
unemployment
1 052
-
4 249
-
pensions
4 428
-
17 870
-
health
1 512
-
6 099
-
total
6 992
-
28 218
-
Corporate
192 793
233 000
-
-
income
50 126
60 579
-
-
total
50 126
60 579
-
-
Dividends
142 666
172 421
-
-
withholding
21 400
25 864
-
-
total
21 400
25 864
-
-
Income
233 000
233 000
233 000
233 000
Total tax
89 570
86 443
129 624
123 481
After tax
143 430
146 557
103 376
109 519
Living cost
22 164
22 164
22 164
22 164
Free-cash
121 266
124 393
81 212
87 355

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽100610
₽107237
₽104439
₽83659
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
72 567
pensions
-
-
-
10 152
total
-
-
-
82 719
Employee
63 626
-
203 017
-
health
924
-
2 725
-
income
11 459
-
58 715
-
pensions
5 400
-
12 076
-
total
17 783
-
73 516
-
Employer
63 626
-
203 017
-
pensions
6 887
-
26 125
-
health
1 209
-
3 858
-
total
8 096
-
29 983
-
Corporate
161 278
233 000
-
-
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.

30 643
44 270
-
-
total
30 643
44 270
-
-
Dividends
130 635
188 730
-
-
withholding
23 399
42 278
-
-
total
23 399
42 278
-
-
Income
233 000
233 000
233 000
233 000
Total tax
79 921
86 548
103 499
82 719
After tax
153 079
146 452
129 501
150 281
Living cost
45 842
45 842
45 842
45 842
Free-cash
107 237
100 610
83 659
104 439

Estimated living cost  is ₽45842 per week

₽34345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30157
₽62842
₽107884
₽99810
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
city
-
-
-
2 456
pensions
-
-
-
21 437
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.

-
-
-
4 660
regional
-
-
-
13 269
health
-
-
-
524
national
-
-
-
6 380
total
-
-
-
48 726
Employee
89 396
-
209 923
-
city
959
-
2 274
-
regional
2 927
-
11 890
-
health
202
-
473
-
pensions
7 510
-
16 096
-
unemployment
-
-
-
-
national
423
-
5 299
-
total
12 021
-
36 032
-
Employer
89 396
-
209 923
-
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.

1 787
-
4 199
-
unemployment
-
-
-
-
pensions
7 510
-
16 096
-
health
202
-
473
-
total
9 499
-
20 768
-
Corporate
133 121
233 000
-
-
regional
28 154
49 279
-
-
national
11 315
19 804
-
-
total
39 469
69 083
-
-
Dividends
93 652
163 917
-
-
withholding
32 779
57 370
-
-
total
32 779
57 370
-
-
Income
233 000
233 000
233 000
233 000
Total tax
93 768
126 453
56 800
48 726
After tax
139 232
106 547
176 200
184 274
Living cost
76 390
76 390
76 390
76 390
Free-cash
62 842
30 157
99 810
107 884

Estimated living cost  is ₽76390 per week

₽49675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽69016
₽85303
₽65630
₽97580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 000
trade
-
-
-
31 950
income

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

-
-
-
78 241
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.

-
-
-
6 862
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.

-
-
-
4 304
total
-
-
-
121 357
Employee

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

60 364
-
233 000
-
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.

6 862
-
6 862
-
surtax

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

391
-
4 304
-
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.

7 098
-
78 241
-
total
14 351
-
89 407
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
172 636
233 000
-
-
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.

1 424
1 921
-
-
income
25 896
34 950
-
-
trade
29 607
39 959
-
-
chamber of commerce
395
480
-
-
total
57 322
77 310
-
-
Dividends
115 314
155 689
-
-
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.

1 565
2 120
-
-
withholding
28 446
38 541
-
-
total
30 011
40 661
-
-
Income
233 000
233 000
233 000
233 000
Total tax
101 684
117 971
89 407
121 357
After tax
131 316
115 029
143 593
111 643
Living cost
46 013
46 013
46 013
46 013
Free-cash
85 303
69 016
97 580
65 630

Estimated living cost  is ₽46013 per week

₽33606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83067
₽88998
₽92526
₽85257
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
44 443
pensions
-
-
-
36 203
other
-
-
-
7 222
health
-
-
-
11 602
surtax
-
-
-
-
social contributions
-
-
-
6 639
total
-
-
-
106 109
Employee
42 988
-
177 415
-
social contributions
1 226
-
5 055
-
surtax
-
-
-
-
income
2 537
-
39 198
-
pensions
4 861
-
13 545
-
total
8 624
-
57 798
-
Employer
42 988
-
177 415
-
other
1 483
-
7 434
-
social contributions
130
-
532
-
unemployment
1 740
-
7 186
-
pensions
7 062
-
22 584
-
health
3 010
-
17 844
-
total
13 425
-
55 580
-
Corporate
176 588
233 000
-
-
surtax
-
-
-
-
income
49 444
65 240
-
-
total
49 444
65 240
-
-
Dividends
127 144
167 760
-
-
surtax
-
-
-
-
social contributions
21 870
28 854
-
-
withholding
16 274
21 474
-
-
total
38 144
50 328
-
-
Income
233 000
233 000
233 000
233 000
Total tax
109 637
115 568
113 378
106 109
After tax
123 363
117 432
119 622
126 891
Living cost
34 365
34 365
34 365
34 365
Free-cash
88 998
83 067
85 257
92 526

Estimated living cost  is ₽34365 per week

₽21668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86472
₽92053
₽95931
₽88662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
44 443
pensions
-
-
-
36 203
other
-
-
-
7 222
health
-
-
-
11 602
surtax
-
-
-
-
social contributions
-
-
-
6 639
total
-
-
-
106 109
Employee
38 373
-
177 415
-
social contributions
1 094
-
5 055
-
surtax
-
-
-
-
income
1 979
-
39 198
-
pensions
4 340
-
13 545
-
total
7 413
-
57 798
-
Employer
38 373
-
177 415
-
other
1 325
-
7 434
-
social contributions
114
-
532
-
unemployment
1 553
-
7 186
-
pensions
6 305
-
22 584
-
health
2 686
-
17 844
-
total
11 983
-
55 580
-
Corporate
182 644
233 000
-
-
surtax
-
-
-
-
income
51 140
65 240
-
-
total
51 140
65 240
-
-
Dividends
131 503
167 760
-
-
surtax
-
-
-
-
social contributions
22 618
28 854
-
-
withholding
16 833
21 474
-
-
total
39 451
50 328
-
-
Income
233 000
233 000
233 000
233 000
Total tax
109 987
115 568
113 378
106 109
After tax
123 013
117 432
119 622
126 891
Living cost
30 960
30 960
30 960
30 960
Free-cash
92 053
86 472
88 662
95 931

Estimated living cost  is ₽30960 per week

₽17955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120851
₽121374
₽128334
₽121882
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
34 950
health
-
-
-
16 263
social contributions
-
-
-
32 154
total
-
-
-
83 367
Employee
34 056
-
233 000
-
social contributions
4 700
-
32 154
-
health
2 377
-
16 263
-
income
5 680
-
41 402
-
total
12 757
-
89 819
-
Employer
34 056
-
233 000
-
total
-
-
-
-
Corporate
198 944
233 000
-
-
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%.

9 948
11 650
-
-
total
9 948
11 650
-
-
Dividends
188 996
221 350
-
-
health
13 192
15 451
-
-
social contributions
26 081
30 547
-
-
withholding
28 349
33 202
-
-
total
67 622
79 200
-
-
Income
233 000
233 000
233 000
233 000
Total tax
90 327
90 850
89 819
83 367
After tax
142 673
142 150
143 181
149 633
Living cost
21 299
21 299
21 299
21 299
Free-cash
121 374
120 851
121 882
128 334

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92992
₽91436
₽83857
₽25605
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
chamber of commerce
-
-
-
932
income
-
-
-
75 777
pensions
-
-
-
21 708
unemployment
-
-
-
6 160
health
-
-
-
8 976
surtax
-
-
-
198
total
-
-
-
113 751
Employee
50 197
40 028
193 473
-
other
501
400
1 174
-
health
1 942
1 550
4 540
-
income
5 714
2 953
63 810
-
pensions
5 141
4 098
12 016
-
unemployment
1 506
1 201
3 521
-
total
14 804
10 202
85 061
-
Employer
50 197
40 028
193 473
-
accident
652
520
1 525
-
other
2 385
1 900
8 543
-
chamber of commerce
200
160
774
-
unemployment
1 506
1 201
3 521
-
surtax
198
198
198
-
pensions
6 300
5 024
14 726
-
payroll
1 506
1 201
5 804
-
health
1 897
1 513
4 435
-
total
14 644
11 717
39 526
-
Corporate
168 161
181 254
189 661
-
income

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

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

42 041
45 313
47 416
-
total
42 041
45 313
47 416
-
Dividends
126 120
135 940
-
-
withholding
34 683
37 384
-
-
total
34 683
37 384
-
-
Income
233 000
233 000
233 000
233 000
Total tax
106 172
104 616
172 003
113 751
After tax
126 828
128 384
60 997
119 249
Living cost
35 392
35 392
35 392
35 392
Free-cash
91 436
92 992
25 605
83 857

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90847
₽78506
₽64754
₽42280
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
national
-
-
-
94 104
communal

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

-
-
-
12 477
social contributions
-
-
-
25 042
total
-
-
-
131 623
Employee

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

71 847
-
180 466
-
communal

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

3 747
-
9 412
-
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.

3 376
-
8 482
-
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.

5 389
-
13 535
-
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.

625
-
1 571
-
national
22 089
-
68 564
-
total
35 226
-
101 564
-
Employer

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

71 847
-
180 466
-
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.

934
-
2 346
-
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.

1 048
-
2 634
-
surtax
8 147
-
20 464
-
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.

6 366
-
15 990
-
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.

4 418
-
11 099
-
total
20 913
-
52 533
-
Corporate
140 239
233 000
-
-
surtax
560
1 008
-
-
income
28 048
50 416
-
-
total
28 608
51 424
-
-
Dividends
111 631
181 576
-
-
withholding

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

33 124
54 106
-
-
total
33 124
54 106
-
-
Income
233 000
233 000
233 000
233 000
Total tax
117 871
105 530
154 097
131 623
After tax
115 129
127 470
78 903
101 377
Living cost
36 623
36 623
36 623
36 623
Free-cash
78 506
90 847
42 280
64 754

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118359
₽111480
₽93857
₽89644
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
accident
-
-
-
839
income
-
-
-
74 939
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
102 869
Employee
49 998
-
203 320
-
other
50
-
93
-
income
10 549
-
71 491
-
pensions
2 350
-
4 376
-
unemployment
776
-
1 443
-
total
13 725
-
77 403
-
Employer
49 998
-
203 320
-
accident
989
-
1 843
-
other
398
-
745
-
unemployment
2 750
-
5 120
-
pensions
11 799
-
21 971
-
total
15 936
-
29 679
-
Corporate
167 065
233 000
-
-
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.

25 059
34 950
-
-
total
25 059
34 950
-
-
Dividends
142 006
198 050
-
-
withholding
30 526
43 417
-
-
total
30 526
43 417
-
-
Income
233 000
233 000
233 000
233 000
Total tax
85 246
78 367
107 082
102 869
After tax
147 754
154 633
125 918
130 131
Living cost
36 274
36 274
36 274
36 274
Free-cash
111 480
118 359
89 644
93 857

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76749
₽62937
₽54334
₽63622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
accident
-
-
-
1 965
income
-
-
-
44 545
pensions
-
-
-
34 923
health
-
-
-
16 371
surtax
-
-
-
11 551
communal
-
-
-
14 726
total
-
-
-
124 081
Employee
76 064
-
208 129
-
health
3 385
-
9 262
-
surtax
4 662
-
12 756
-
income
7 347
-
51 254
-
pensions
6 084
-
16 650
-
total
21 478
-
89 922
-
Employer
76 064
-
208 129
-
accident
684
-
1 874
-
pensions
6 084
-
16 650
-
health
2 320
-
6 347
-
total
9 088
-
24 871
-
Corporate
147 847
233 000
-
-
surtax
1 552
2 447
-
-
communal
9 980
15 727
-
-
income
22 177
34 950
-
-
total
33 709
53 124
-
-
Dividends
114 138
179 875
-
-
income
34 083
21 561
-
-
withholding
17 120
26 981
-
-
total
51 203
48 542
-
-
Income
233 000
233 000
233 000
233 000
Total tax
115 478
101 666
114 793
124 081
After tax
117 522
131 334
118 207
108 919
Living cost
54 585
54 585
54 585
54 585
Free-cash
62 937
76 749
63 622
54 334

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123996
₽120801
₽86958
₽80815
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
74 294
pensions
-
-
-
26 811
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
9 517
surtax
-
-
-
12 630
total
-
-
-
123 481
Employee
33 826
-
204 782
-
other
-
-
-
-
health
863
-
3 418
-
surtax
120
-
11 429
-
income
5 671
-
68 288
-
pensions
2 257
-
8 941
-
unemployment
2 354
-
9 330
-
total
11 265
-
101 406
-
Employer
33 826
-
204 782
-
other
-
-
-
-
unemployment
1 073
-
4 249
-
pensions
4 510
-
17 870
-
health
1 538
-
6 099
-
total
7 121
-
28 218
-
Corporate
192 053
233 000
-
-
income
49 934
60 579
-
-
total
49 934
60 579
-
-
Dividends
142 120
172 421
-
-
withholding
21 318
25 864
-
-
total
21 318
25 864
-
-
Income
233 000
233 000
233 000
233 000
Total tax
89 638
86 443
129 624
123 481
After tax
143 362
146 557
103 376
109 519
Living cost
22 561
22 561
22 561
22 561
Free-cash
120 801
123 996
80 815
86 958

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95413
₽93182
₽84946
₽76477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
municipal
-
-
-
1 462
regional
-
-
-
3 710
national
-
-
-
65 554
social contributions
-
-
-
50 271
total
-
-
-
120 997
Employee
55 717
-
233 000
-
social contributions
18 788
-
65 907
-
regional
750
-
3 392
-
municipal
295
-
1 336
-
national
8 827
-
58 831
-
total
28 660
-
129 466
-
Employer
55 717
-
233 000
-
total
-
-
-
-
Corporate
177 283
233 000
-
-
nationa
42 548
55 921
-
-
municipal
8 812
11 579
-
-
total
51 360
67 500
-
-
Dividends
125 923
165 500
-
-
withholding
32 741
43 030
-
-
total
32 741
43 030
-
-
Income
233 000
233 000
233 000
233 000
Total tax
112 761
110 530
129 466
120 997
After tax
120 239
122 470
103 534
112 003
Living cost
27 057
27 057
27 057
27 057
Free-cash
93 182
95 413
76 477
84 946

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
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.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130823
₽120264
₽108935
₽98595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
25 047
health
-
-
-
31 455
solidarity contribution
-
-
-
3 403
social contributions
-
-
-
34 562
total
-
-
-
94 467
Employee
43 526
-
186 614
-
social contributions
2 829
-
7 694
-
health
5 876
-
25 193
-
solidarity contribution
-
-
2 475
-
income
5 223
-
23 059
-
total
13 928
-
58 421
-
Employer
43 526
-
186 614
-
social contributions
10 882
-
29 591
-
health
3 917
-
16 795
-
total
14 799
-
46 386
-
Corporate
174 675
233 000
-
-
income
33 188
44 270
-
-
total
33 188
44 270
-
-
Dividends
141 487
188 730
-
-
withholding
21 223
28 309
-
-
total
21 223
28 309
-
-
Income
233 000
233 000
233 000
233 000
Total tax
83 138
72 579
104 807
94 467
After tax
149 862
160 421
128 193
138 533
Living cost
29 598
29 598
29 598
29 598
Free-cash
120 264
130 823
98 595
108 935

Estimated living cost  is ₽29598 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96447
₽95950
₽87402
₽28998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
chamber of commerce
-
-
-
932
income
-
-
-
75 777
pensions
-
-
-
21 708
unemployment
-
-
-
6 160
health
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
113 553
Employee
43 906
40 028
193 660
-
other
438
400
1 174
-
health
1 698
1 550
4 540
-
income
3 911
2 953
63 904
-
pensions
4 496
4 098
12 016
-
unemployment
1 317
1 201
3 521
-
total
11 860
10 202
85 155
-
Employer
43 906
40 028
193 660
-
accident
570
520
1 525
-
other
2 085
1 900
8 549
-
chamber of commerce
175
160
774
-
unemployment
1 317
1 201
3 521
-
surtax
-
-
-
-
pensions
5 511
5 024
14 726
-
payroll
1 317
1 201
5 810
-
health
1 660
1 513
4 435
-
total
12 635
11 519
39 340
-
Corporate
176 458
181 452
189 848
-
income

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

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

44 115
45 363
47 462
-
total
44 115
45 363
47 462
-
Dividends
132 344
136 089
-
-
withholding
36 395
37 424
-
-
total
36 395
37 424
-
-
Income
233 000
233 000
233 000
233 000
Total tax
105 005
104 508
171 957
113 553
After tax
127 995
128 492
61 043
119 447
Living cost
32 045
32 045
32 045
32 045
Free-cash
95 950
96 447
28 998
87 402

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽207169
₽204510
₽216489
₽172219
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
233 000
microenterprise

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

-
-
-
2 330
total
-
-
-
2 330
Employee
17 726
-
233 000
-
income
3 545
-
46 600
-
total
3 545
-
46 600
-
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%.

215 274
233 000
-
-
total
-
-
-
-
Dividends
215 274
233 000
-
-
withholding
10 764
11 650
-
-
total
10 764
11 650
-
-
Income
233 000
233 000
233 000
233 000
Total tax
14 309
11 650
46 600
2 330
After tax
218 691
221 350
186 400
230 670
Living cost
14 181
14 181
14 181
14 181
Free-cash
204 510
207 169
172 219
216 489

Estimated living cost  is ₽14181 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133479
₽125078
₽80491
₽75433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 000
income
-
-
-
59 741
pensions
-
-
-
42 552
unemployment
-
-
-
349
health
-
-
-
22 926
total
-
-
-
125 568
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.

44 416
-
201 609
-
health
2 869
-
13 024
-
income
7 659
-
54 681
-
pensions
6 885
-
31 248
-
unemployment
63
-
282
-
total
17 476
-
99 235
-
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.

44 416
-
201 609
-
unemployment
27
-
120
-
pensions
3 930
-
17 843
-
health
2 958
-
13 428
-
total
6 915
-
31 391
-
Corporate
181 669
233 000
-
-
income
34 517
44 271
-
-
total
34 517
44 271
-
-
Dividends
147 151
188 729
-
-
withholding
22 073
28 309
-
-
total
22 073
28 309
-
-
Income
233 000
233 000
233 000
233 000
Total tax
80 981
72 580
130 626
125 568
After tax
152 019
160 420
102 374
107 432
Living cost
26 941
26 941
26 941
26 941
Free-cash
125 078
133 479
75 433
80 491

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98195
₽50173
₽117460
₽176156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
45 416
social contributions
-
-
-
26 562
total
-
-
-
71 978
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 071
-
12 552
-
total
88 071
-
12 552
-
Corporate
82 467
233 000
-
-
income
18 143
51 260
-
-
total
18 143
51 260
-
-
Dividends
64 325
181 740
-
-
income
14 151
39 983
-
-
total
14 151
39 983
-
-
Income
233 000
233 000
233 000
233 000
Total tax
139 265
91 243
13 282
71 978
After tax
93 735
141 757
219 718
161 022
Living cost
43 562
43 562
43 562
43 562
Free-cash
50 173
98 195
176 156
117 460

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101024
₽100013
₽89678
₽71220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 000
income
-
-
-
30 849
surtax
-
-
-
-
social contributions

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

-
-
-
80 967
total
-
-
-
111 816
Employee
46 196
-
188 283
-
social contributions
5 082
-
20 712
-
surtax
-
-
377
-
income
9 609
-
64 468
-
total
14 691
-
85 557
-
Employer
46 196
-
188 283
-
social contributions
10 971
-
44 717
-
total
10 971
-
44 717
-
Corporate
175 833
233 000
-
-
surtax
-
-
-
-
income
36 925
48 929
-
-
total
36 925
48 929
-
-
Dividends
138 908
184 071
-
-
withholding
38 894
51 541
-
-
total
38 894
51 541
-
-
Income
233 000
233 000
233 000
233 000
Total tax
101 481
100 470
130 274
111 816
After tax
131 519
132 530
102 726
121 184
Living cost
31 506
31 506
31 506
31 506
Free-cash
100 013
101 024
71 220
89 678

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68920
₽75824
₽78379
₽71110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
44 443
pensions
-
-
-
36 203
other
-
-
-
7 222
health
-
-
-
11 602
surtax
-
-
-
-
social contributions
-
-
-
6 639
total
-
-
-
106 109
Employee
62 909
-
177 415
-
social contributions
1 792
-
5 055
-
surtax
-
-
-
-
income
5 489
-
39 198
-
pensions
7 115
-
13 545
-
total
14 396
-
57 798
-
Employer
62 909
-
177 415
-
other
2 171
-
7 434
-
social contributions
189
-
532
-
unemployment
2 548
-
7 186
-
pensions
10 337
-
22 584
-
health
4 403
-
17 844
-
total
19 648
-
55 580
-
Corporate
150 443
233 000
-
-
surtax
-
-
-
-
income
42 125
65 240
-
-
total
42 125
65 240
-
-
Dividends
108 318
167 760
-
-
surtax
-
-
-
-
social contributions
18 630
28 854
-
-
withholding
13 865
21 474
-
-
total
32 495
50 328
-
-
Income
233 000
233 000
233 000
233 000
Total tax
108 664
115 568
113 378
106 109
After tax
124 336
117 432
119 622
126 891
Living cost
48 512
48 512
48 512
48 512
Free-cash
75 824
68 920
71 110
78 379

Estimated living cost  is ₽48512 per week

₽32832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽179507
₽176133
₽139472
₽145665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
12 075
social contributions
-
-
-
51 260
total
-
-
-
63 335
Employee
32 291
-
201 731
-
income
-
-
12 763
-
social contributions
2 099
-
13 112
-
total
2 099
-
25 875
-
Employer
32 291
-
201 731
-
social contributions
5 005
-
31 267
-
total
5 005
-
31 267
-
Corporate
195 703
233 000
-
-
income
19 570
23 300
-
-
total
19 570
23 300
-
-
Dividends
176 134
209 700
-
-
total
-
-
-
-
Income
233 000
233 000
233 000
233 000
Total tax
26 674
23 300
57 142
63 335
After tax
206 326
209 700
175 858
169 665
Living cost
30 193
30 193
30 193
30 193
Free-cash
176 133
179 507
145 665
139 472

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14160
₽8063
₽85806
₽14160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
municipal
-
-
-
50 200
pensions
-
-
-
871
national
-
-
-
29 180
labour market
-
-
-
18 570
total
-
-
-
98 821
Employee
204 171
204 171
204 171
-
labour market
16 310
16 310
16 310
-
national
24 943
24 943
24 943
-
municipal
43 477
43 477
43 477
-
pensions
290
290
290
-
total
85 020
85 020
85 020
-
Employer
204 171
204 171
204 171
-
labour market
16 334
16 334
16 334
-
municipal
43 546
43 546
43 546
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 447
85 447
85 447
-
Corporate
14 159
-
-
-
income
3 115
-
-
-
total
3 115
-
-
-
Dividends
11 044
-
-
-
withholding
2 982
-
-
-
total
2 982
-
-
-
Income
233 000
233 000
233 000
233 000
Total tax
176 564
170 467
170 467
98 821
After tax
56 436
62 533
62 533
134 179
Living cost
48 373
48 373
48 373
48 373
Free-cash
8 063
14 160
14 160
85 806

Estimated living cost  is ₽48373 per week

₽33107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2847
₽15543
₽137357
₽106826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
accident
-
-
-
253
income
-
-
-
66 945
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
73 923
Employee
34 167
-
213 177
-
health
3 912
-
24 409
-
income
4 687
-
52 577
-
pensions
3 847
-
7 645
-
total
12 446
-
84 631
-
Employer
34 167
-
213 177
-
accident
571
-
3 560
-
unemployment
837
-
5 223
-
pensions
5 555
-
11 040
-
total
6 963
-
19 823
-
Corporate
191 870
233 000
-
-
income

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

172 682
209 700
-
-
total
172 682
209 700
-
-
Dividends
19 187
23 300
-
-
withholding
3 646
4 427
-
-
total
3 646
4 427
-
-
Income
233 000
233 000
233 000
233 000
Total tax
195 737
214 127
104 454
73 923
After tax
37 263
18 873
128 546
159 077
Living cost
21 720
21 720
21 720
21 720
Free-cash
15 543
-2 847
106 826
137 357

Estimated living cost  is ₽21720 per week

₽15810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103956
₽107059
₽103571
₽76883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
233 000
municipal
-
-
-
41 370
health
-
-
-
3 170
national
-
-
-
46 326
total
-
-
-
90 866
Employee
52 845
-
196 012
-
health
395
-
2 600
-
municipal
8 656
-
31 904
-
pensions
3 566
-
13 230
-
unemployment
793
-
2 941
-
national
873
-
29 892
-
total
14 283
-
80 567
-
Employer
52 845
-
196 012
-
accident
53
-
196
-
unemployment
343
-
1 273
-
pensions
9 168
-
34 008
-
health
406
-
1 510
-
total
9 970
-
36 987
-
Corporate
170 184
233 000
-
-
income
34 037
46 600
-
-
total
34 037
46 600
-
-
Dividends

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

102 110
139 800
-
-
national
10 708
18 717
-
-
municipal
18 380
25 164
-
-
total
29 088
43 881
-
-
Income
233 000
233 000
233 000
233 000
Total tax
87 378
90 481
117 554
90 866
After tax
145 622
142 519
115 446
142 134
Living cost
38 563
38 563
38 563
38 563
Free-cash
107 059
103 956
76 883
103 571

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146537
₽141070
₽133193
₽131295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
54 360
health
-
-
-
5 941
social contributions
-
-
-
16 251
total
-
-
-
76 552
Employee
77 236
77 236
220 279
-
social contributions
2 920
6 410
8 646
-
health
599
1 313
3 745
-
income
8 410
7 150
53 338
-
total
11 929
14 873
65 729
-
Employer
77 236
77 236
220 279
-
social contributions
2 920
6 410
8 646
-
health
650
1 430
4 075
-
total
3 570
7 840
12 721
-
Corporate
194 246
147 925
-
-
income
24 282
18 491
-
-
total
24 282
18 491
-
-
Dividends
169 965
129 434
-
-
withholding
28 894
22 004
-
-
total
28 894
22 004
-
-
Income
233 000
233 000
233 000
233 000
Total tax
68 675
63 208
78 450
76 552
After tax
164 325
169 792
154 550
156 448
Living cost
23 255
23 255
23 255
23 255
Free-cash
141 070
146 537
131 295
133 193

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177000
₽171891
₽182831
₽162682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
233 000
income
-
-
-
24 169
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
34 222
Employee

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

23 055
-
223 184
-
health
1 959
-
8 101
-
income
1 576
-
21 680
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 107
-
44 554
-
Employer

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

23 055
-
223 184
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
207 572
233 000
-
-
income
18 682
20 971
-
-
total
18 682
20 971
-
-
Dividends
188 890
212 029
-
-
withholding
17 000
19 082
-
-
total
17 000
19 082
-
-
Income
233 000
233 000
233 000
233 000
Total tax
45 162
40 053
54 371
34 222
After tax
187 838
192 947
178 629
198 778
Living cost
15 947
15 947
15 947
15 947
Free-cash
171 891
177 000
162 682
182 831

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
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.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127012
₽122578
₽102510
₽98297
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
accident
-
-
-
839
income
-
-
-
74 939
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
102 869
Employee
37 140
-
203 320
-
other
36
-
93
-
income
7 160
-
71 491
-
pensions
1 746
-
4 376
-
unemployment
576
-
1 443
-
total
9 518
-
77 403
-
Employer
37 140
-
203 320
-
accident
736
-
1 843
-
other
297
-
745
-
unemployment
2 043
-
5 120
-
pensions
8 764
-
21 971
-
total
11 840
-
29 679
-
Corporate
184 020
233 000
-
-
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.

27 602
34 950
-
-
total
27 602
34 950
-
-
Dividends
156 418
198 050
-
-
withholding
33 841
43 417
-
-
total
33 841
43 417
-
-
Income
233 000
233 000
233 000
233 000
Total tax
82 801
78 367
107 082
102 869
After tax
150 199
154 633
125 918
130 131
Living cost
27 621
27 621
27 621
27 621
Free-cash
122 578
127 012
98 297
102 510

Estimated living cost  is ₽27621 per week

₽18643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
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.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142641
₽142188
₽147083
₽146887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
79 704
pensions
-
-
-
2 007
health
-
-
-
1 455
total
-
-
-
83 166
Employee
4 190
-
230 743
-
health
210
-
502
-
income
811
-
79 599
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 440
-
81 104
-
Employer
4 190
-
230 743
-
unemployment
84
-
201
-
pensions
461
-
1 104
-
health
398
-
953
-
total
943
-
2 258
-
Corporate
227 867
233 000
-
-
income
50 131
51 260
-
-
total
50 131
51 260
-
-
Dividends
177 736
181 740
-
-
withholding
35 547
36 348
-
-
total
35 547
36 348
-
-
Income
233 000
233 000
233 000
233 000
Total tax
88 061
87 608
83 362
83 166
After tax
144 939
145 392
149 638
149 834
Living cost
2 751
2 751
2 751
2 751
Free-cash
142 188
142 641
146 887
147 083

Estimated living cost  is ₽2751 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150972
₽146032
₽133518
₽133517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 000
income
-
-
-
54 054
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 646
total
-
-
-
82 112
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.

26 193
-
219 713
-
health
1 349
-
3 823
-
income
3 610
-
54 054
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
68 826
-
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.

26 193
-
219 713
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
202 119
233 000
-
-
income
30 318
34 950
-
-
total
30 318
34 950
-
-
Dividends
171 801
198 050
-
-
withholding
25 770
29 708
-
-
total
25 770
29 708
-
-
Income
233 000
233 000
233 000
233 000
Total tax
69 598
64 658
82 113
82 112
After tax
163 402
168 342
150 887
150 888
Living cost
17 370
17 370
17 370
17 370
Free-cash
146 032
150 972
133 517
133 518

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
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.
₽3829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105451
₽105091
₽94105
₽75647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 000
income
-
-
-
30 849
surtax
-
-
-
-
social contributions

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

-
-
-
80 967
total
-
-
-
111 816
Employee
38 984
-
188 283
-
social contributions
4 289
-
20 712
-
surtax
-
-
377
-
income
7 617
-
64 468
-
total
11 906
-
85 557
-
Employer
38 984
-
188 283
-
social contributions
9 258
-
44 717
-
total
9 258
-
44 717
-
Corporate
184 758
233 000
-
-
surtax
-
-
-
-
income
38 798
48 929
-
-
total
38 798
48 929
-
-
Dividends
145 960
184 071
-
-
withholding
40 868
51 541
-
-
total
40 868
51 541
-
-
Income
233 000
233 000
233 000
233 000
Total tax
100 830
100 470
130 274
111 816
After tax
132 170
132 530
102 726
121 184
Living cost
27 079
27 079
27 079
27 079
Free-cash
105 091
105 451
75 647
94 105

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
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.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119333
₽112760
₽94831
₽90618
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
accident
-
-
-
839
income
-
-
-
74 939
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
102 869
Employee
48 509
-
203 320
-
other
48
-
93
-
income
10 132
-
71 491
-
pensions
2 280
-
4 376
-
unemployment
751
-
1 443
-
total
13 211
-
77 403
-
Employer
48 509
-
203 320
-
accident
961
-
1 843
-
other
389
-
745
-
unemployment
2 669
-
5 120
-
pensions
11 448
-
21 971
-
total
15 467
-
29 679
-
Corporate
169 025
233 000
-
-
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.

25 353
34 950
-
-
total
25 353
34 950
-
-
Dividends
143 672
198 050
-
-
withholding
30 909
43 417
-
-
total
30 909
43 417
-
-
Income
233 000
233 000
233 000
233 000
Total tax
84 940
78 367
107 082
102 869
After tax
148 060
154 633
125 918
130 131
Living cost
35 300
35 300
35 300
35 300
Free-cash
112 760
119 333
90 618
94 831

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽181939
₽175820
₽171408
₽181149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
34 950
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
44 316
Employee
22 876
-
226 117
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
22 612
-
pensions

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

2 008
-
3 080
-
total
5 599
-
27 692
-
Employer
22 876
-
226 117
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
205 635
233 000
-
-
income
20 564
23 300
-
-
total
20 564
23 300
-
-
Dividends
185 071
209 700
-
-
withholding
9 253
10 485
-
-
total
9 253
10 485
-
-
Income
233 000
233 000
233 000
233 000
Total tax
39 904
33 785
34 575
44 316
After tax
193 096
199 215
198 425
188 684
Living cost
17 276
17 276
17 276
17 276
Free-cash
175 820
181 939
181 149
171 408

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81044
₽94182
₽78080
₽104815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 000
trade
-
-
-
26 735
income

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

-
-
-
78 241
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.

-
-
-
6 862
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.

-
-
-
4 304
total
-
-
-
116 142
Employee

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

49 976
-
233 000
-
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.

6 862
-
6 862
-
surtax

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

227
-
4 304
-
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.

4 110
-
78 241
-
total
11 199
-
89 407
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
183 024
233 000
-
-
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.

1 510
1 921
-
-
income
27 453
34 950
-
-
trade
26 264
33 435
-
-
chamber of commerce
421
494
-
-
total
55 648
70 800
-
-
Dividends
127 375
162 200
-
-
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.

1 731
2 209
-
-
withholding
31 462
40 169
-
-
total
33 193
42 378
-
-
Income
233 000
233 000
233 000
233 000
Total tax
100 040
113 178
89 407
116 142
After tax
132 960
119 822
143 593
116 858
Living cost
38 778
38 778
38 778
38 778
Free-cash
94 182
81 044
104 815
78 080

Estimated living cost  is ₽38778 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
₽105883
₽108100
₽59013
₽59013
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
76 598
social contributions
-
-
-
40 172
total
-
-
-
116 770
Employee
78 569
-
233 000
-
income
14 826
-
76 598
-
social contributions
6 527
-
40 172
-
total
21 353
-
116 770
-
Employer
78 569
-
233 000
-
total
-
-
-
-
Corporate
154 431
233 000
-
-
income
19 305
29 125
-
-
total
19 305
29 125
-
-
Dividends
135 127
203 875
-
-
withholding
27 025
40 775
-
-
total
27 025
40 775
-
-
Income
233 000
233 000
233 000
233 000
Total tax
67 683
69 900
116 770
116 770
After tax
165 317
163 100
116 230
116 230
Living cost
57 217
57 217
57 217
57 217
Free-cash
108 100
105 883
59 013
59 013

Estimated living cost  is ₽57217 per week

₽43529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109682
₽113192
₽154859
₽125786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 000
income
-
-
-
34 950
health

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

-
-
-
6 730
total
-
-
-
41 680
Employee
46 077
-
228 380
-
income
5 000
-
61 513
-
social contributions
4 617
-
4 620
-
total
9 617
-
66 133
-
Employer
46 077
-
228 380
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
182 306
233 000
-
-
income
63 806
81 550
-
-
total
63 806
81 550
-
-
Dividends
118 500
151 450
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
233 000
233 000
233 000
233 000
Total tax
83 347
86 857
70 753
41 680
After tax
149 653
146 143
162 247
191 320
Living cost
36 461
36 461
36 461
36 461
Free-cash
113 192
109 682
125 786
154 859

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽109184
₽115127
₽113013
₽92233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
income
-
-
-
72 567
pensions
-
-
-
10 152
total
-
-
-
82 719
Employee
51 156
-
203 017
-
health
667
-
2 725
-
income
9 316
-
58 715
-
pensions
3 904
-
12 076
-
total
13 887
-
73 516
-
Employer
51 156
-
203 017
-
pensions
5 168
-
26 125
-
health
972
-
3 858
-
total
6 140
-
29 983
-
Corporate
175 704
233 000
-
-
income

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

33 383
44 270
-
-
total
33 383
44 270
-
-
Dividends
142 320
188 730
-
-
withholding
27 195
42 278
-
-
total
27 195
42 278
-
-
Income
233 000
233 000
233 000
233 000
Total tax
80 605
86 548
103 499
82 719
After tax
152 395
146 452
129 501
150 281
Living cost
37 268
37 268
37 268
37 268
Free-cash
115 127
109 184
92 233
113 013

Estimated living cost  is ₽37268 per week

₽25566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4998
₽15212
₽135206
₽104675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
accident
-
-
-
253
income
-
-
-
66 945
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
73 923
Employee
37 549
-
213 177
-
health
4 299
-
24 409
-
income
5 151
-
52 577
-
pensions
4 228
-
7 645
-
total
13 678
-
84 631
-
Employer
37 549
-
213 177
-
accident
627
-
3 560
-
unemployment
920
-
5 223
-
pensions
6 105
-
11 040
-
total
7 652
-
19 823
-
Corporate
187 799
233 000
-
-
income

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

169 019
209 700
-
-
total
169 019
209 700
-
-
Dividends
18 780
23 300
-
-
withholding
3 568
4 427
-
-
total
3 568
4 427
-
-
Income
233 000
233 000
233 000
233 000
Total tax
193 917
214 127
104 454
73 923
After tax
39 083
18 873
128 546
159 077
Living cost
23 871
23 871
23 871
23 871
Free-cash
15 212
-4 998
104 675
135 206

Estimated living cost  is ₽23871 per week

₽17518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽164679
₽161640
₽136000
₽158084
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
233 000
work injury
-
-
-
803
health insurance
-
-
-
11 886
income
-
-
-
39 264
pensions
-
-
-
29 554
unemployment
-
-
-
1 927
total
-
-
-
83 434
Employee

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

21 706
-
233 000
-
work injury
109
-
402
-
income
2 171
-
39 264
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
61 350
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
211 294
233 000
-
-
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%.

21 129
23 300
-
-
total
21 129
23 300
-
-
Dividends
190 165
209 700
-
-
withholding
28 525
31 455
-
-
total
28 525
31 455
-
-
Income
233 000
233 000
233 000
233 000
Total tax
57 794
54 755
61 350
83 434
After tax
175 206
178 245
171 650
149 566
Living cost
13 566
13 566
13 566
13 566
Free-cash
161 640
164 679
158 084
136 000

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82713
₽78145
₽69766
₽61515
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
233 000
municipal
-
-
-
1 645
regional
-
-
-
5 750
national
-
-
-
65 554
social contributions
-
-
-
50 271
total
-
-
-
123 220
Employee
84 639
-
233 000
-
social contributions
28 540
-
65 907
-
regional
1 278
-
5 229
-
municipal
505
-
1 504
-
national
14 303
-
58 831
-
total
44 626
-
131 471
-
Employer
84 639
-
233 000
-
total
-
-
-
-
Corporate
148 361
233 000
-
-
nationa
35 606
55 921
-
-
municipal
7 152
11 231
-
-
total
42 758
67 152
-
-
Dividends
105 603
165 849
-
-
withholding
27 457
43 121
-
-
total
27 457
43 121
-
-
Income
233 000
233 000
233 000
233 000
Total tax
114 841
110 273
131 471
123 220
After tax
118 159
122 727
101 529
109 780
Living cost
40 014
40 014
40 014
40 014
Free-cash
78 145
82 713
61 515
69 766

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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