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
₽ 235000
per

Your estimated
City
free-cash

Dresden , Germany
₽84670
₽114361
₽99203
₽88146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 000
trade
-
-
-
29 691
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.

-
-
-
6 830
income

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

-
-
-
79 172
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.

-
-
-
4 354
total
-
-
-
120 047
Employee

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

38 240
-
235 000
-
surtax

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

59
-
4 354
-
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.

1 068
-
79 172
-
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.

6 830
-
6 830
-
total
7 957
-
90 356
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
196 760
235 000
-
-
trade
30 990
37 012
-
-
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.

1 624
1 939
-
-
income
29 514
35 250
-
-
chamber of commerce
434
489
-
-
total
62 562
74 690
-
-
Dividends
134 197
160 310
-
-
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.

1 825
2 184
-
-
withholding
33 170
39 697
-
-
total
34 995
41 881
-
-
Income
235 000
235 000
235 000
235 000
Total tax
105 514
116 571
90 356
120 047
After tax
129 486
118 429
144 644
114 953
Living cost
30 283
30 283
30 283
30 283
Free-cash
99 203
88 146
114 361
84 670

Estimated living cost  is ₽30283 per week

₽19049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82616
₽83877
₽95352
₽96191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
social contributions
-
-
-
2 526
municipal
-
-
-
26 167
national
-
-
-
45 042
pensions
-
-
-
28 200
total
-
-
-
101 935
Employee
78 206
-
203 155
-
pensions
3 128
-
8 126
-
national
14 969
-
47 035
-
municipal
9 660
-
27 077
-
total
27 757
-
82 238
-
Employer
78 206
-
203 155
-
pensions
6 256
-
16 252
-
social contributions
841
-
2 184
-
total
7 097
-
18 436
-
Corporate
144 536
235 000
-
-
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%.

28 907
47 000
-
-
total
28 907
47 000
-
-
Dividends
115 628
188 000
-
-
withholding
25 438
41 360
-
-
total
25 438
41 360
-
-
Income
235 000
235 000
235 000
235 000
Total tax
89 199
88 360
100 674
101 935
After tax
145 801
146 640
134 326
133 065
Living cost
50 449
50 449
50 449
50 449
Free-cash
95 352
96 191
83 877
82 616

Estimated living cost  is ₽50449 per week

₽34290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65353
₽81903
₽158999
₽167201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 000
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.

-
-
-
38 306
income
-
-
-
50 615
microenterprise
-
-
-
-
surtax
-
-
-
59 926
total
-
-
-
148 847
Employee
29 214
-
185 853
-
income
5 200
-
43 095
-
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.

3 214
-
13 106
-
surtax
-
-
26 949
-
total
8 414
-
83 150
-
Employer
29 214
-
185 853
-
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.

7 037
-
28 704
-
surtax
-
-
20 443
-
total
7 037
-
49 147
-
Corporate
198 749
235 000
-
-
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%.

39 750
46 999
-
-
total
39 750
46 999
-
-
Dividends

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

158 999
188 001
-
-
total
-
-
-
-
Income
235 000
235 000
235 000
235 000
Total tax
55 201
46 999
132 297
148 847
After tax
179 799
188 001
102 703
86 153
Living cost
20 800
20 800
20 800
20 800
Free-cash
158 999
167 201
81 903
65 353

Estimated living cost  is ₽20800 per week

₽13270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
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.
₽5077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83759
₽108393
₽69216
₽75342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
health
-
-
-
12 329
income
-
-
-
85 316
pensions
-
-
-
11 714
total
-
-
-
109 359
Employee
85 378
85 378
216 420
-
income

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

13 975
13 975
42 102
-
pensions
15 368
11 714
11 714
-
health
13 105
11 147
12 329
-
total
42 448
36 836
66 145
-
Employer
85 378
85 378
216 420
-
pensions
5 942
5 942
7 386
-
health
5 935
5 935
7 375
-
unemployment
3 074
3 074
3 819
-
total
14 951
14 951
18 580
-
Corporate
135 719
134 672
-
-
income
27 144
26 934
-
-
total
27 144
26 934
-
-
Dividends
108 575
107 738
-
-
withholding
16 286
16 161
-
-
income
23 073
22 894
-
-
total
39 359
39 055
-
-
Income
235 000
235 000
235 000
235 000
Total tax
123 902
117 776
84 725
109 359
After tax
111 098
117 224
150 275
125 641
Living cost
41 882
41 882
41 882
41 882
Free-cash
69 216
75 342
108 393
83 759

Estimated living cost  is ₽41882 per week

₽29681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78194
₽77260
₽88992
₽89856
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
other
-
-
-
9 793
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
62 796
health
-
-
-
5 259
national
-
-
-
31 142
pensions
-
-
-
9 110
total
-
-
-
118 352
Employee
54 793
-
208 520
-
national
-
-
30 626
-
municipal
16 339
-
62 181
-
total
16 339
-
92 807
-
Employer
54 793
-
208 520
-
pensions
5 923
-
9 110
-
other
6 367
-
9 793
-
accident
110
-
168
-
health
3 370
-
5 183
-
unemployment
1 447
-
2 225
-
total
17 217
-
26 479
-
Corporate
162 991
235 000
-
-
income
35 858
51 700
-
-
total
35 858
51 700
-
-
Dividends
127 133
183 300
-
-
withholding
38 140
54 990
-
-
total
38 140
54 990
-
-
Income
235 000
235 000
235 000
235 000
Total tax
107 554
106 690
119 286
118 352
After tax
127 446
128 310
115 714
116 648
Living cost
38 454
38 454
38 454
38 454
Free-cash
88 992
89 856
77 260
78 194

Estimated living cost  is ₽38454 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74357
₽105368
₽91992
₽77944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 000
trade
-
-
-
31 011
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.

-
-
-
6 830
income

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

-
-
-
79 172
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.

-
-
-
4 354
total
-
-
-
121 367
Employee

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

50 701
-
235 000
-
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.

239
-
4 354
-
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.

4 356
-
79 172
-
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.

6 830
-
6 830
-
total
11 425
-
90 356
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
184 299
235 000
-
-
trade
30 317
38 657
-
-
surtax

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

1 520
1 939
-
-
income
27 645
35 250
-
-
chamber of commerce
414
486
-
-
total
59 896
76 332
-
-
Dividends
124 404
158 669
-
-
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.

1 690
2 161
-
-
withholding
30 721
39 287
-
-
total
32 411
41 448
-
-
Income
235 000
235 000
235 000
235 000
Total tax
103 732
117 780
90 356
121 367
After tax
131 268
117 220
144 644
113 633
Living cost
39 276
39 276
39 276
39 276
Free-cash
91 992
77 944
105 368
74 357

Estimated living cost  is ₽39276 per week

₽26268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125246
₽123339
₽134667
₽138815
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
social contributions
-
-
-
16 176
health
-
-
-
5 992
income
-
-
-
55 158
total
-
-
-
77 326
Employee
76 879
76 879
222 283
-
income
8 073
7 117
54 131
-
social contributions
3 736
6 381
8 606
-
health
765
1 307
3 779
-
total
12 574
14 805
66 516
-
Employer
76 879
76 879
222 283
-
health
833
1 423
4 111
-
social contributions
3 736
6 381
8 606
-
total
4 569
7 804
12 717
-
Corporate
185 430
150 318
-
-
income
23 179
18 789
-
-
total
23 179
18 789
-
-
Dividends
162 251
131 529
-
-
withholding
27 583
22 359
-
-
total
27 583
22 359
-
-
Income
235 000
235 000
235 000
235 000
Total tax
67 905
63 757
79 233
77 326
After tax
167 095
171 243
155 767
157 674
Living cost
32 428
32 428
32 428
32 428
Free-cash
134 667
138 815
123 339
125 246

Estimated living cost  is ₽32428 per week

₽22168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽144561
₽117996
₽114033
₽113653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
unemployment
-
-
-
3 525
health
-
-
-
16 450
income
-
-
-
28 729
pensions
-
-
-
23 500
total
-
-
-
72 204
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.

26 323
10 476
196 653
-
income
3 218
1 281
24 041
-
pensions
2 632
1 048
19 665
-
unemployment
395
157
2 950
-
health
1 843
733
13 766
-
total
8 088
3 219
60 422
-
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.

26 323
10 476
196 653
-
pensions
5 133
2 043
38 347
-
total
5 133
2 043
38 347
-
Corporate
203 544
222 481
-
-
income
18 319
20 023
-
-
total
18 319
20 023
-
-
Dividends
185 225
202 458
-
-
social contributions
35 999
39 360
-
-
withholding
35 193
38 467
-
-
total
71 192
77 827
-
-
Income
235 000
235 000
235 000
235 000
Total tax
102 732
103 112
98 769
72 204
After tax
132 268
131 888
136 231
162 796
Living cost
18 235
18 235
18 235
18 235
Free-cash
114 033
113 653
117 996
144 561

Estimated living cost  is ₽18235 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
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.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101814
₽111303
₽157641
₽163852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
health
-
-
-
30 550
income
-
-
-
31 489
pensions
-
-
-
46 999
total
-
-
-
109 038
Employee
28 362
-
175 634
-
income
3 193
-
33 863
-
pensions
567
-
3 512
-
unemployment
453
-
2 810
-
total
4 213
-
40 185
-
Employer
28 362
-
175 634
-
pensions
5 673
-
35 126
-
health
3 686
-
22 832
-
unemployment
228
-
1 406
-
total
9 587
-
59 364
-
Corporate
197 051
235 000
-
-
income
39 410
46 999
-
-
total
39 410
46 999
-
-
Dividends
157 640
188 001
-
-
total
-
-
-
-
Income
235 000
235 000
235 000
235 000
Total tax
53 210
46 999
99 549
109 038
After tax
181 790
188 001
135 451
125 962
Living cost
24 148
24 148
24 148
24 148
Free-cash
157 641
163 852
111 303
101 814

Estimated living cost  is ₽24148 per week

₽16563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138518
₽107826
₽15674
-₽2879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
67 630
pensions
-
-
-
4 145
total
-
-
-
74 568
Employee
34 472
-
215 161
-
income
4 729
-
53 186
-
pensions
3 882
-
7 600
-
health
3 947
-
24 636
-
total
12 558
-
85 422
-
Employer
34 472
-
215 161
-
pensions
5 605
-
10 974
-
accident
575
-
3 593
-
unemployment
845
-
5 271
-
total
7 025
-
19 838
-
Corporate
193 503
235 000
-
-
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.

174 152
211 500
-
-
total
174 152
211 500
-
-
Dividends
19 350
23 500
-
-
withholding
3 677
4 465
-
-
total
3 677
4 465
-
-
Income
235 000
235 000
235 000
235 000
Total tax
197 412
215 965
105 260
74 568
After tax
37 588
19 035
129 740
160 432
Living cost
21 914
21 914
21 914
21 914
Free-cash
15 674
-2 879
107 826
138 518

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽223639
₽178989
₽212550
₽214239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
235 000
microenterprise

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

-
-
-
2 350
total
-
-
-
2 350
Employee
11 263
-
235 000
-
income
2 252
-
47 000
-
total
2 252
-
47 000
-
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%.

223 737
235 000
-
-
total
-
-
-
-
Dividends
223 737
235 000
-
-
withholding
11 187
11 750
-
-
total
11 187
11 750
-
-
Income
235 000
235 000
235 000
235 000
Total tax
13 439
11 750
47 000
2 350
After tax
221 561
223 250
188 000
232 650
Living cost
9 011
9 011
9 011
9 011
Free-cash
212 550
214 239
178 989
223 639

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116040
₽114120
₽139265
₽146014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
other
-
-
-
7 221
health
-
-
-
6 690
income
-
-
-
41 920
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.

-
-
-
36 489
total
-
-
-
92 320
Employee
36 301
-
196 333
-
income
6 250
-
41 281
-
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.

2 540
-
10 642
-
unemployment
362
-
1 520
-
health
508
-
2 129
-
total
9 660
-
55 572
-
Employer
36 301
-
196 333
-
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.

6 172
-
25 847
-
other
1 816
-
7 601
-
accident
290
-
1 571
-
health
508
-
2 129
-
unemployment
362
-
1 520
-
total
9 148
-
38 668
-
Corporate
189 550
235 000
-
-
income
39 805
49 350
-
-
total
39 805
49 350
-
-
Dividends
149 745
185 650
-
-
withholding
10 482
12 996
-
-
total
10 482
12 996
-
-
Income
235 000
235 000
235 000
235 000
Total tax
69 095
62 346
94 240
92 320
After tax
165 905
172 654
140 760
142 680
Living cost
26 640
26 640
26 640
26 640
Free-cash
139 265
146 014
114 120
116 040

Estimated living cost  is ₽26640 per week

₽18823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84223
₽63273
₽88426
₽80325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
income
-
-
-
73 305
pensions
-
-
-
10 206
total
-
-
-
83 511
Employee
95 171
-
204 751
-
income
17 156
-
59 337
-
pensions
9 181
-
12 130
-
health
1 568
-
2 745
-
total
27 905
-
74 212
-
Employer
95 171
-
204 751
-
pensions
11 237
-
26 359
-
health
1 807
-
3 890
-
total
13 044
-
30 249
-
Corporate
126 784
235 000
-
-
income

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

24 089
44 651
-
-
total
24 089
44 651
-
-
Dividends
102 696
190 349
-
-
withholding
14 270
42 758
-
-
total
14 270
42 758
-
-
Income
235 000
235 000
235 000
235 000
Total tax
79 308
87 409
104 461
83 511
After tax
155 692
147 591
130 539
151 489
Living cost
67 266
67 266
67 266
67 266
Free-cash
88 426
80 325
63 273
84 223

Estimated living cost  is ₽67266 per week

₽50404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7903
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.
₽8413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽177312
₽187163
₽183169
₽187814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
35 250
pensions

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

-
-
-
5 170
total
-
-
-
44 577
Employee
17 361
-
228 147
-
income
1 736
-
22 815
-
pensions

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

1 524
-
3 067
-
health
799
-
1 607
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 250
-
27 873
-
Employer
17 361
-
228 147
-
pensions

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

1 913
-
3 849
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 410
-
unemployment
104
-
210
-
total
3 406
-
6 853
-
Corporate
214 232
235 000
-
-
income
21 423
23 500
-
-
total
21 423
23 500
-
-
Dividends
192 809
211 500
-
-
withholding
9 641
10 575
-
-
total
9 641
10 575
-
-
Income
235 000
235 000
235 000
235 000
Total tax
38 720
34 075
34 726
44 577
After tax
196 280
200 925
200 274
190 423
Living cost
13 111
13 111
13 111
13 111
Free-cash
183 169
187 814
187 163
177 312

Estimated living cost  is ₽13111 per week

₽7655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70201
₽94835
₽64300
₽61784
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
health
-
-
-
12 329
income
-
-
-
85 316
pensions
-
-
-
11 714
total
-
-
-
109 359
Employee
92 693
85 378
216 420
-
income

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

13 975
13 975
42 102
-
pensions
11 714
11 714
11 714
-
health
11 564
11 147
12 329
-
total
37 253
36 836
66 145
-
Employer
92 693
85 378
216 420
-
pensions
6 451
5 942
7 386
-
health
6 441
5 935
7 375
-
unemployment
3 337
3 074
3 819
-
total
16 229
14 951
18 580
-
Corporate
126 078
134 672
-
-
income
25 215
26 934
-
-
total
25 215
26 934
-
-
Dividends
100 863
107 738
-
-
withholding
15 129
16 161
-
-
income
21 434
22 894
-
-
total
36 563
39 055
-
-
Income
235 000
235 000
235 000
235 000
Total tax
115 260
117 776
84 725
109 359
After tax
119 740
117 224
150 275
125 641
Living cost
55 440
55 440
55 440
55 440
Free-cash
64 300
61 784
94 835
70 201

Estimated living cost  is ₽55440 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115873
₽105422
₽129219
₽137784
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
social contributions
-
-
-
34 554
health
-
-
-
31 725
income
-
-
-
25 308
solidarity contribution
-
-
-
3 527
total
-
-
-
95 114
Employee
35 313
-
188 455
-
income
4 238
-
23 298
-
solidarity contribution
-
-
2 589
-
social contributions
2 295
-
7 692
-
health
4 767
-
25 441
-
total
11 300
-
59 020
-
Employer
35 313
-
188 455
-
health
3 178
-
16 961
-
social contributions
8 828
-
29 584
-
total
12 006
-
46 545
-
Corporate
187 680
235 000
-
-
income
35 659
44 650
-
-
total
35 659
44 650
-
-
Dividends
152 021
190 350
-
-
withholding
22 803
28 553
-
-
total
22 803
28 553
-
-
Income
235 000
235 000
235 000
235 000
Total tax
81 768
73 203
105 565
95 114
After tax
153 232
161 797
129 435
139 886
Living cost
24 013
24 013
24 013
24 013
Free-cash
129 219
137 784
105 422
115 873

Estimated living cost  is ₽24013 per week

₽16680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
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.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71699
₽63224
₽77975
₽83194
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
social contributions
-
-
-
50 039
municipal
-
-
-
1 480
national
-
-
-
66 576
regional
-
-
-
3 019
total
-
-
-
121 114
Employee
88 855
-
235 000
-
national
15 396
-
59 882
-
social contributions
29 962
-
65 602
-
municipal
471
-
1 355
-
regional
838
-
2 750
-
total
46 667
-
129 589
-
Employer
88 855
-
235 000
-
total
-
-
-
-
Corporate
146 145
235 000
-
-
nationa
35 075
56 400
-
-
municipal
5 699
9 166
-
-
total
40 774
65 566
-
-
Dividends
105 371
169 434
-
-
withholding
27 397
44 053
-
-
total
27 397
44 053
-
-
Income
235 000
235 000
235 000
235 000
Total tax
114 838
109 619
129 589
121 114
After tax
120 162
125 381
105 411
113 886
Living cost
42 187
42 187
42 187
42 187
Free-cash
77 975
83 194
63 224
71 699

Estimated living cost  is ₽42187 per week

₽29408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88367
₽82254
₽122644
₽125752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 473
income
-
-
-
75 335
surtax
-
-
-
12 848
pensions
-
-
-
26 687
total
-
-
-
124 571
Employee
33 062
-
206 913
-
income
5 542
-
69 355
-
pensions
2 205
-
8 900
-
unemployment
2 301
-
9 287
-
health
844
-
3 402
-
other
-
-
-
-
surtax
108
-
11 653
-
total
11 000
-
102 597
-
Employer
33 062
-
206 913
-
pensions
4 407
-
17 787
-
other
-
-
-
-
health
1 505
-
6 071
-
unemployment
1 047
-
4 229
-
total
6 959
-
28 087
-
Corporate
194 978
235 000
-
-
income
50 693
61 100
-
-
total
50 693
61 100
-
-
Dividends
144 285
173 900
-
-
withholding
21 642
26 086
-
-
total
21 642
26 086
-
-
Income
235 000
235 000
235 000
235 000
Total tax
90 294
87 186
130 684
124 571
After tax
144 706
147 814
104 316
110 429
Living cost
22 062
22 062
22 062
22 062
Free-cash
122 644
125 752
82 254
88 367

Estimated living cost  is ₽22062 per week

₽13490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105535
₽84585
₽108281
₽101637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
income
-
-
-
73 305
pensions
-
-
-
10 206
total
-
-
-
83 511
Employee
63 781
-
204 751
-
income
11 487
-
59 337
-
pensions
5 414
-
12 130
-
health
926
-
2 745
-
total
17 827
-
74 212
-
Employer
63 781
-
204 751
-
pensions
6 904
-
26 359
-
health
1 212
-
3 890
-
total
8 116
-
30 249
-
Corporate
163 103
235 000
-
-
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.

30 989
44 651
-
-
total
30 989
44 651
-
-
Dividends
132 114
190 349
-
-
withholding
23 833
42 758
-
-
total
23 833
42 758
-
-
Income
235 000
235 000
235 000
235 000
Total tax
80 765
87 409
104 461
83 511
After tax
154 235
147 591
130 539
151 489
Living cost
45 954
45 954
45 954
45 954
Free-cash
108 281
101 637
84 585
105 535

Estimated living cost  is ₽45954 per week

₽34429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
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.
₽7600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽109921
₽102073
₽64220
₽31885
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
other

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

-
-
-
4 699
health
-
-
-
528
city
-
-
-
2 477
national
-
-
-
6 661
regional
-
-
-
13 519
pensions
-
-
-
21 621
total
-
-
-
49 505
Employee
88 441
-
211 828
-
pensions
7 430
-
16 128
-
national
419
-
5 498
-
unemployment
-
-
-
-
city
949
-
2 296
-
health
200
-
477
-
regional
2 896
-
12 112
-
total
11 894
-
36 511
-
Employer
88 441
-
211 828
-
pensions
7 430
-
16 128
-
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.

1 768
-
4 237
-
health
200
-
477
-
unemployment
-
-
-
-
total
9 398
-
20 842
-
Corporate
136 188
235 000
-
-
regional
28 805
49 702
-
-
national
11 576
19 975
-
-
total
40 381
69 677
-
-
Dividends
95 807
165 323
-
-
withholding
33 533
57 864
-
-
total
33 533
57 864
-
-
Income
235 000
235 000
235 000
235 000
Total tax
95 206
127 541
57 353
49 505
After tax
139 794
107 459
177 647
185 495
Living cost
75 574
75 574
75 574
75 574
Free-cash
64 220
31 885
102 073
109 921

Estimated living cost  is ₽75574 per week

₽49145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽66513
₽98843
₽86423
₽70211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 000
trade
-
-
-
32 330
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.

-
-
-
6 830
income

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

-
-
-
79 172
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.

-
-
-
4 354
total
-
-
-
122 686
Employee

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

60 085
-
235 000
-
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.

389
-
4 354
-
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.

7 065
-
79 172
-
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.

6 830
-
6 830
-
total
14 284
-
90 356
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
174 915
235 000
-
-
trade
29 998
40 302
-
-
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.

1 444
1 939
-
-
income
26 237
35 250
-
-
chamber of commerce
398
482
-
-
total
58 077
77 973
-
-
Dividends
116 837
157 027
-
-
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.

1 586
2 138
-
-
withholding
28 829
38 877
-
-
total
30 415
41 015
-
-
Income
235 000
235 000
235 000
235 000
Total tax
102 776
118 988
90 356
122 686
After tax
132 224
116 012
144 644
112 314
Living cost
45 801
45 801
45 801
45 801
Free-cash
86 423
70 211
98 843
66 513

Estimated living cost  is ₽45801 per week

₽33451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93514
₽85991
₽90141
₽84233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
other
-
-
-
7 286
social contributions
-
-
-
6 696
health
-
-
-
11 776
income
-
-
-
45 232
surtax
-
-
-
-
pensions
-
-
-
36 290
total
-
-
-
107 280
Employee
42 789
-
178 808
-
income
2 525
-
39 812
-
pensions
4 838
-
13 704
-
social contributions
1 220
-
5 094
-
surtax
-
-
-
-
total
8 583
-
58 610
-
Employer
42 789
-
178 808
-
pensions
7 029
-
22 846
-
other
1 476
-
7 518
-
health
2 996
-
18 050
-
unemployment
1 732
-
7 242
-
social contributions
129
-
537
-
total
13 362
-
56 193
-
Corporate
178 848
235 000
-
-
surtax
-
-
-
-
income
50 077
65 800
-
-
total
50 077
65 800
-
-
Dividends
128 771
169 200
-
-
surtax
-
-
-
-
social contributions
22 147
29 104
-
-
withholding
16 484
21 657
-
-
total
38 631
50 761
-
-
Income
235 000
235 000
235 000
235 000
Total tax
110 653
116 561
114 803
107 280
After tax
124 347
118 439
120 197
127 720
Living cost
34 206
34 206
34 206
34 206
Free-cash
90 141
84 233
85 991
93 514

Estimated living cost  is ₽34206 per week

₽21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96903
₽89380
₽93178
₽87622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
other
-
-
-
7 286
social contributions
-
-
-
6 696
health
-
-
-
11 776
income
-
-
-
45 232
surtax
-
-
-
-
pensions
-
-
-
36 290
total
-
-
-
107 280
Employee
38 195
-
178 808
-
income
1 969
-
39 812
-
pensions
4 320
-
13 704
-
social contributions
1 089
-
5 094
-
surtax
-
-
-
-
total
7 378
-
58 610
-
Employer
38 195
-
178 808
-
pensions
6 276
-
22 846
-
other
1 319
-
7 518
-
health
2 673
-
18 050
-
unemployment
1 546
-
7 242
-
social contributions
114
-
537
-
total
11 928
-
56 193
-
Corporate
184 876
235 000
-
-
surtax
-
-
-
-
income
51 765
65 800
-
-
total
51 765
65 800
-
-
Dividends
133 111
169 200
-
-
surtax
-
-
-
-
social contributions
22 896
29 104
-
-
withholding
17 038
21 657
-
-
total
39 934
50 761
-
-
Income
235 000
235 000
235 000
235 000
Total tax
111 005
116 561
114 803
107 280
After tax
123 995
118 439
120 197
127 720
Living cost
30 817
30 817
30 817
30 817
Free-cash
93 178
87 622
89 380
96 903

Estimated living cost  is ₽30817 per week

₽17872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129716
₽123140
₽122689
₽122173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
social contributions
-
-
-
32 430
health
-
-
-
16 404
income
-
-
-
35 250
total
-
-
-
84 084
Employee
33 899
-
235 000
-
income
5 654
-
41 826
-
social contributions
4 679
-
32 430
-
health
2 366
-
16 404
-
total
12 699
-
90 660
-
Employer
33 899
-
235 000
-
total
-
-
-
-
Corporate
201 101
235 000
-
-
income

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

10 056
11 750
-
-
total
10 056
11 750
-
-
Dividends
191 046
223 250
-
-
social contributions
26 365
30 808
-
-
health
13 334
15 582
-
-
withholding
28 657
33 487
-
-
total
68 356
79 877
-
-
Income
235 000
235 000
235 000
235 000
Total tax
91 111
91 627
90 660
84 084
After tax
143 889
143 373
144 340
150 916
Living cost
21 200
21 200
21 200
21 200
Free-cash
122 689
122 173
123 140
129 716

Estimated living cost  is ₽21200 per week

₽14188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
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.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84996
₽26202
₽92688
₽94238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
chamber of commerce
-
-
-
939
unemployment
-
-
-
6 132
health
-
-
-
8 934
income
-
-
-
76 965
surtax
-
-
-
197
pensions
-
-
-
21 608
total
-
-
-
114 775
Employee
49 965
39 843
195 447
-
income
5 688
2 939
64 950
-
pensions
5 117
4 079
11 960
-
unemployment
1 499
1 195
3 504
-
health
1 933
1 542
4 519
-
other
499
398
1 169
-
total
14 736
10 153
86 102
-
Employer
49 965
39 843
195 447
-
pensions
6 271
5 001
14 658
-
other
2 373
1 892
8 616
-
accident
649
518
1 518
-
health
1 888
1 506
4 415
-
payroll
1 499
1 195
5 863
-
chamber of commerce
199
159
782
-
unemployment
1 499
1 195
3 504
-
surtax
197
197
197
-
total
14 575
11 663
39 553
-
Corporate
170 460
183 493
191 653
-
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.

42 615
45 872
47 914
-
total
42 615
45 872
47 914
-
Dividends
127 846
137 620
-
-
withholding
35 157
37 845
-
-
total
35 157
37 845
-
-
Income
235 000
235 000
235 000
235 000
Total tax
107 083
105 533
173 569
114 775
After tax
127 917
129 467
61 431
120 225
Living cost
35 229
35 229
35 229
35 229
Free-cash
92 688
94 238
26 202
84 996

Estimated living cost  is ₽35229 per week

₽23496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65810
₽42999
₽79856
₽91944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
social contributions
-
-
-
24 926
communal

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

-
-
-
12 604
national
-
-
-
95 207
total
-
-
-
132 737
Employee

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

71 515
-
182 011
-
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.

5 364
-
13 651
-
national
21 987
-
69 281
-
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.

622
-
1 584
-
communal

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

3 730
-
9 494
-
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.

3 360
-
8 555
-
total
35 063
-
102 565
-
Employer

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

71 515
-
182 011
-
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.

6 337
-
16 127
-
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.

930
-
2 366
-
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.

4 398
-
11 192
-
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.

1 044
-
2 658
-
surtax
8 109
-
20 639
-
total
20 818
-
52 982
-
Corporate
142 668
235 000
-
-
surtax
571
1 021
-
-
income
28 533
51 075
-
-
total
29 104
52 096
-
-
Dividends
113 563
182 904
-
-
withholding

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

33 705
54 507
-
-
total
33 705
54 507
-
-
Income
235 000
235 000
235 000
235 000
Total tax
118 690
106 603
155 547
132 737
After tax
116 310
128 397
79 453
102 263
Living cost
36 454
36 454
36 454
36 454
Free-cash
79 856
91 944
42 999
65 810

Estimated living cost  is ₽36454 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95115
₽90921
₽112978
₽119826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
75 978
pensions
-
-
-
26 224
total
-
-
-
103 779
Employee
49 767
-
205 457
-
income
10 501
-
72 545
-
pensions
2 339
-
4 356
-
unemployment
772
-
1 436
-
other
49
-
93
-
total
13 661
-
78 430
-
Employer
49 767
-
205 457
-
pensions
11 744
-
21 870
-
other
397
-
742
-
accident
985
-
1 835
-
unemployment
2 738
-
5 096
-
total
15 864
-
29 543
-
Corporate
169 370
235 000
-
-
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.

25 405
35 250
-
-
total
25 405
35 250
-
-
Dividends
143 965
199 750
-
-
withholding
30 986
43 818
-
-
total
30 986
43 818
-
-
Income
235 000
235 000
235 000
235 000
Total tax
85 916
79 068
107 973
103 779
After tax
149 084
155 932
127 027
131 221
Living cost
36 106
36 106
36 106
36 106
Free-cash
112 978
119 826
90 921
95 115

Estimated living cost  is ₽36106 per week

₽26588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55260
₽64628
₽64116
₽77866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
accident
-
-
-
1 981
health
-
-
-
16 510
income
-
-
-
45 191
communal
-
-
-
14 852
surtax
-
-
-
11 651
pensions
-
-
-
35 223
total
-
-
-
125 408
Employee
75 713
-
209 914
-
income
7 313
-
51 954
-
pensions
6 056
-
16 793
-
health
3 370
-
9 342
-
surtax
4 641
-
12 865
-
total
21 380
-
90 954
-
Employer
75 713
-
209 914
-
pensions
6 056
-
16 793
-
accident
681
-
1 890
-
health
2 309
-
6 403
-
total
9 046
-
25 086
-
Corporate
150 241
235 000
-
-
communal
10 141
15 863
-
-
surtax
1 577
2 468
-
-
income
22 536
35 250
-
-
total
34 254
53 581
-
-
Dividends
115 987
181 419
-
-
withholding
17 398
27 213
-
-
income
34 474
22 008
-
-
total
51 872
49 221
-
-
Income
235 000
235 000
235 000
235 000
Total tax
116 552
102 802
116 040
125 408
After tax
118 448
132 198
118 960
109 592
Living cost
54 332
54 332
54 332
54 332
Free-cash
64 116
77 866
64 628
55 260

Estimated living cost  is ₽54332 per week

₽40757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87973
₽81860
₽122179
₽125358
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 473
income
-
-
-
75 335
surtax
-
-
-
12 848
pensions
-
-
-
26 687
total
-
-
-
124 571
Employee
33 669
-
206 913
-
income
5 644
-
69 355
-
pensions
2 246
-
8 900
-
unemployment
2 343
-
9 287
-
health
859
-
3 402
-
other
-
-
-
-
surtax
120
-
11 653
-
total
11 212
-
102 597
-
Employer
33 669
-
206 913
-
pensions
4 489
-
17 787
-
other
-
-
-
-
health
1 531
-
6 071
-
unemployment
1 068
-
4 229
-
total
7 088
-
28 087
-
Corporate
194 243
235 000
-
-
income
50 504
61 100
-
-
total
50 504
61 100
-
-
Dividends
143 739
173 900
-
-
withholding
21 561
26 086
-
-
total
21 561
26 086
-
-
Income
235 000
235 000
235 000
235 000
Total tax
90 365
87 186
130 684
124 571
After tax
144 635
147 814
104 316
110 429
Living cost
22 456
22 456
22 456
22 456
Free-cash
122 179
125 358
81 860
87 973

Estimated living cost  is ₽22456 per week

₽13558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1952
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.
₽6426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86219
₽77790
₽94371
₽96590
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
social contributions
-
-
-
50 039
municipal
-
-
-
1 480
national
-
-
-
66 576
regional
-
-
-
3 754
total
-
-
-
121 849
Employee
55 460
-
235 000
-
national
8 786
-
59 882
-
social contributions
18 701
-
65 602
-
municipal
294
-
1 355
-
regional
747
-
3 439
-
total
28 528
-
130 278
-
Employer
55 460
-
235 000
-
total
-
-
-
-
Corporate
179 540
235 000
-
-
nationa
43 089
56 400
-
-
municipal
8 923
11 680
-
-
total
52 012
68 080
-
-
Dividends
127 528
166 920
-
-
withholding
33 157
43 398
-
-
total
33 157
43 398
-
-
Income
235 000
235 000
235 000
235 000
Total tax
113 697
111 478
130 278
121 849
After tax
121 303
123 522
104 722
113 151
Living cost
26 932
26 932
26 932
26 932
Free-cash
94 371
96 590
77 790
86 219

Estimated living cost  is ₽26932 per week

₽16749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6993
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110296
₽99845
₽121651
₽132207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
social contributions
-
-
-
34 554
health
-
-
-
31 725
income
-
-
-
25 308
solidarity contribution
-
-
-
3 527
total
-
-
-
95 114
Employee
43 515
-
188 455
-
income
5 222
-
23 298
-
solidarity contribution
-
-
2 589
-
social contributions
2 828
-
7 692
-
health
5 875
-
25 441
-
total
13 925
-
59 020
-
Employer
43 515
-
188 455
-
health
3 916
-
16 961
-
social contributions
10 879
-
29 584
-
total
14 795
-
46 545
-
Corporate
176 690
235 000
-
-
income
33 571
44 650
-
-
total
33 571
44 650
-
-
Dividends
143 119
190 350
-
-
withholding
21 468
28 553
-
-
total
21 468
28 553
-
-
Income
235 000
235 000
235 000
235 000
Total tax
83 759
73 203
105 565
95 114
After tax
151 241
161 797
129 435
139 886
Living cost
29 590
29 590
29 590
29 590
Free-cash
121 651
132 207
99 845
110 296

Estimated living cost  is ₽29590 per week

₽22005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
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.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88525
₽29583
₽97180
₽97675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
chamber of commerce
-
-
-
939
unemployment
-
-
-
6 132
health
-
-
-
8 934
income
-
-
-
76 965
surtax
-
-
-
-
pensions
-
-
-
21 608
total
-
-
-
114 578
Employee
43 704
39 843
195 633
-
income
3 893
2 939
65 043
-
pensions
4 476
4 079
11 960
-
unemployment
1 311
1 195
3 504
-
health
1 690
1 542
4 519
-
other
436
398
1 169
-
total
11 806
10 153
86 195
-
Employer
43 704
39 843
195 633
-
pensions
5 485
5 001
14 658
-
other
2 076
1 892
8 621
-
accident
567
518
1 518
-
health
1 653
1 506
4 415
-
payroll
1 311
1 195
5 868
-
chamber of commerce
175
159
782
-
unemployment
1 311
1 195
3 504
-
surtax
-
-
-
-
total
12 578
11 466
39 366
-
Corporate
178 719
183 690
191 839
-
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.

44 679
45 922
47 959
-
total
44 679
45 922
47 959
-
Dividends
134 040
137 768
-
-
withholding
36 860
37 887
-
-
total
36 860
37 887
-
-
Income
235 000
235 000
235 000
235 000
Total tax
105 923
105 428
173 520
114 578
After tax
129 077
129 572
61 480
120 422
Living cost
31 897
31 897
31 897
31 897
Free-cash
97 180
97 675
29 583
88 525

Estimated living cost  is ₽31897 per week

₽19134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽218608
₽173958
₽206575
₽209208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
235 000
microenterprise

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

-
-
-
2 350
total
-
-
-
2 350
Employee
17 552
-
235 000
-
income
3 511
-
47 000
-
total
3 511
-
47 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

217 448
235 000
-
-
total
-
-
-
-
Dividends
217 448
235 000
-
-
withholding
10 872
11 750
-
-
total
10 872
11 750
-
-
Income
235 000
235 000
235 000
235 000
Total tax
14 383
11 750
47 000
2 350
After tax
220 617
223 250
188 000
232 650
Living cost
14 042
14 042
14 042
14 042
Free-cash
206 575
209 208
173 958
218 608

Estimated living cost  is ₽14042 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81222
₽76119
₽126618
₽134980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 000
unemployment
-
-
-
353
health
-
-
-
23 124
income
-
-
-
60 568
pensions
-
-
-
42 916
total
-
-
-
126 961
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.

44 211
-
203 340
-
income
7 624
-
55 466
-
pensions
6 853
-
31 518
-
unemployment
63
-
285
-
health
2 855
-
13 135
-
total
17 395
-
100 404
-
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.

44 211
-
203 340
-
pensions
3 912
-
17 996
-
health
2 945
-
13 543
-
unemployment
27
-
121
-
total
6 884
-
31 660
-
Corporate
183 906
235 000
-
-
income
34 942
44 651
-
-
total
34 942
44 651
-
-
Dividends
148 964
190 349
-
-
withholding
22 344
28 552
-
-
total
22 344
28 552
-
-
Income
235 000
235 000
235 000
235 000
Total tax
81 565
73 203
132 064
126 961
After tax
153 435
161 797
102 936
108 039
Living cost
26 816
26 816
26 816
26 816
Free-cash
126 618
134 980
76 119
81 222

Estimated living cost  is ₽26816 per week

₽18404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119355
₽178826
₽52467
₽99925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
social contributions
-
-
-
26 790
income
-
-
-
45 806
total
-
-
-
72 596
Employee
61 727
-
-
-
income
13 616
-
-
-
social contributions
5 062
-
721
-
total
18 678
-
721
-
Employer
61 727
-
-
-
social contributions
87 035
-
12 404
-
total
87 035
-
12 404
-
Corporate
86 238
235 000
-
-
income
18 972
51 700
-
-
total
18 972
51 700
-
-
Dividends
67 266
183 300
-
-
income
14 799
40 326
-
-
total
14 799
40 326
-
-
Income
235 000
235 000
235 000
235 000
Total tax
139 484
92 026
13 125
72 596
After tax
95 516
142 974
221 875
162 404
Living cost
43 049
43 049
43 049
43 049
Free-cash
52 467
99 925
178 826
119 355

Estimated living cost  is ₽43049 per week

₽27932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90715
₽71987
₽101301
₽102308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 000
social contributions

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

-
-
-
81 663
income
-
-
-
31 262
surtax
-
-
-
-
total
-
-
-
112 925
Employee
45 982
-
189 900
-
income
9 564
-
65 233
-
social contributions
5 058
-
20 889
-
surtax
-
-
431
-
total
14 622
-
86 553
-
Employer
45 982
-
189 900
-
social contributions
10 921
-
45 100
-
total
10 921
-
45 100
-
Corporate
178 097
235 000
-
-
surtax
-
-
-
-
income
37 401
49 350
-
-
total
37 401
49 350
-
-
Dividends
140 696
185 650
-
-
withholding
39 395
51 982
-
-
total
39 395
51 982
-
-
Income
235 000
235 000
235 000
235 000
Total tax
102 339
101 332
131 653
112 925
After tax
132 661
133 668
103 347
122 075
Living cost
31 360
31 360
31 360
31 360
Free-cash
101 301
102 308
71 987
90 715

Estimated living cost  is ₽31360 per week

₽23464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
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.
₽5523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79432
₽71909
₽77022
₽70151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
other
-
-
-
7 286
social contributions
-
-
-
6 696
health
-
-
-
11 776
income
-
-
-
45 232
surtax
-
-
-
-
pensions
-
-
-
36 290
total
-
-
-
107 280
Employee
62 618
-
178 808
-
income
5 464
-
39 812
-
pensions
7 083
-
13 704
-
social contributions
1 783
-
5 094
-
surtax
-
-
-
-
total
14 330
-
58 610
-
Employer
62 618
-
178 808
-
pensions
10 289
-
22 846
-
other
2 161
-
7 518
-
health
4 383
-
18 050
-
unemployment
2 537
-
7 242
-
social contributions
188
-
537
-
total
19 558
-
56 193
-
Corporate
152 824
235 000
-
-
surtax
-
-
-
-
income
42 791
65 800
-
-
total
42 791
65 800
-
-
Dividends
110 033
169 200
-
-
surtax
-
-
-
-
social contributions
18 927
29 104
-
-
withholding
14 084
21 657
-
-
total
33 011
50 761
-
-
Income
235 000
235 000
235 000
235 000
Total tax
109 690
116 561
114 803
107 280
After tax
125 310
118 439
120 197
127 720
Living cost
48 288
48 288
48 288
48 288
Free-cash
77 022
70 151
71 909
79 432

Estimated living cost  is ₽48288 per week

₽32681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140990
₽147233
₽178089
₽181447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
social contributions
-
-
-
51 699
income
-
-
-
12 258
total
-
-
-
63 957
Employee
32 142
-
203 463
-
social contributions
2 089
-
13 224
-
income
-
-
12 953
-
total
2 089
-
26 177
-
Employer
32 142
-
203 463
-
social contributions
4 982
-
31 537
-
total
4 982
-
31 537
-
Corporate
197 876
235 000
-
-
income
19 787
23 500
-
-
total
19 787
23 500
-
-
Dividends
178 089
211 500
-
-
total
-
-
-
-
Income
235 000
235 000
235 000
235 000
Total tax
26 858
23 500
57 714
63 957
After tax
208 142
211 500
177 286
171 043
Living cost
30 053
30 053
30 053
30 053
Free-cash
178 089
181 447
147 233
140 990

Estimated living cost  is ₽30053 per week

₽19432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87029
₽17075
₽9723
₽17075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
municipal
-
-
-
50 698
national
-
-
-
29 504
labour market
-
-
-
18 731
pensions
-
-
-
867
total
-
-
-
99 800
Employee
203 317
203 317
203 317
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 317
203 317
203 317
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
17 074
-
-
-
income
3 756
-
-
-
total
3 756
-
-
-
Dividends
13 318
-
-
-
withholding
3 596
-
-
-
total
3 596
-
-
-
Income
235 000
235 000
235 000
235 000
Total tax
177 106
169 754
169 754
99 800
After tax
57 894
65 246
65 246
135 200
Living cost
48 171
48 171
48 171
48 171
Free-cash
9 723
17 075
17 075
87 029

Estimated living cost  is ₽48171 per week

₽32969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138841
₽108149
₽15724
-₽2556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
67 630
pensions
-
-
-
4 145
total
-
-
-
74 568
Employee
33 964
-
215 161
-
income
4 659
-
53 186
-
pensions
3 825
-
7 600
-
health
3 889
-
24 636
-
total
12 373
-
85 422
-
Employer
33 964
-
215 161
-
pensions
5 522
-
10 974
-
accident
567
-
3 593
-
unemployment
832
-
5 271
-
total
6 921
-
19 838
-
Corporate
194 114
235 000
-
-
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.

174 703
211 500
-
-
total
174 703
211 500
-
-
Dividends
19 411
23 500
-
-
withholding
3 688
4 465
-
-
total
3 688
4 465
-
-
Income
235 000
235 000
235 000
235 000
Total tax
197 685
215 965
105 260
74 568
After tax
37 315
19 035
129 740
160 432
Living cost
21 591
21 591
21 591
21 591
Free-cash
15 724
-2 556
108 149
138 841

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104631
₽77715
₽108301
₽105213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
235 000
municipal
-
-
-
41 723
health
-
-
-
3 203
national
-
-
-
47 059
total
-
-
-
91 985
Employee
52 601
-
197 696
-
pensions
3 550
-
13 344
-
national
869
-
30 484
-
municipal
8 616
-
32 176
-
unemployment
789
-
2 965
-
health
393
-
2 628
-
total
14 217
-
81 597
-
Employer
52 601
-
197 696
-
pensions
9 126
-
34 301
-
accident
53
-
197
-
health
404
-
1 522
-
unemployment
342
-
1 284
-
total
9 925
-
37 304
-
Corporate
172 475
235 000
-
-
income
34 494
46 999
-
-
total
34 494
46 999
-
-
Dividends

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

103 485
141 000
-
-
municipal
18 628
25 380
-
-
national
11 051
19 024
-
-
total
29 679
44 404
-
-
Income
235 000
235 000
235 000
235 000
Total tax
88 315
91 403
118 901
91 985
After tax
146 685
143 597
116 099
143 015
Living cost
38 384
38 384
38 384
38 384
Free-cash
108 301
105 213
77 715
104 631

Estimated living cost  is ₽38384 per week

₽25073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
₽134526
₽132619
₽142653
₽148095
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
social contributions
-
-
-
16 176
health
-
-
-
5 992
income
-
-
-
55 158
total
-
-
-
77 326
Employee
76 879
76 879
222 283
-
income
8 371
7 117
54 131
-
social contributions
2 907
6 381
8 606
-
health
596
1 307
3 779
-
total
11 874
14 805
66 516
-
Employer
76 879
76 879
222 283
-
health
647
1 423
4 111
-
social contributions
2 907
6 381
8 606
-
total
3 554
7 804
12 717
-
Corporate
196 425
150 318
-
-
income
24 553
18 789
-
-
total
24 553
18 789
-
-
Dividends
171 873
131 529
-
-
withholding
29 218
22 359
-
-
total
29 218
22 359
-
-
Income
235 000
235 000
235 000
235 000
Total tax
69 199
63 757
79 233
77 326
After tax
165 801
171 243
155 767
157 674
Living cost
23 148
23 148
23 148
23 148
Free-cash
142 653
148 095
132 619
134 526

Estimated living cost  is ₽23148 per week

₽13873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
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.
₽6492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽184725
₽164670
₽173642
₽178729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
235 000
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
24 395
pensions
-
-
-
6 360
total
-
-
-
34 401
Employee

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

22 948
-
225 229
-
income
1 569
-
21 918
-
pensions
3 442
-
14 230
-
unemployment
114
-
474
-
health
1 950
-
8 063
-
total
7 075
-
44 685
-
Employer

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

22 948
-
225 229
-
pensions
1 262
-
5 218
-
health
987
-
4 079
-
unemployment
114
-
474
-
total
2 363
-
9 771
-
Corporate
209 689
235 000
-
-
income
18 872
21 151
-
-
total
18 872
21 151
-
-
Dividends
190 817
213 849
-
-
withholding
17 174
19 246
-
-
total
17 174
19 246
-
-
Income
235 000
235 000
235 000
235 000
Total tax
45 484
40 397
54 456
34 401
After tax
189 516
194 603
180 544
200 599
Living cost
15 874
15 874
15 874
15 874
Free-cash
173 642
178 729
164 670
184 725

Estimated living cost  is ₽15874 per week

₽10128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
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.
₽4128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103728
₽99534
₽124024
₽128439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
75 978
pensions
-
-
-
26 224
total
-
-
-
103 779
Employee
36 968
-
205 457
-
income
7 127
-
72 545
-
pensions
1 738
-
4 356
-
unemployment
573
-
1 436
-
other
36
-
93
-
total
9 474
-
78 430
-
Employer
36 968
-
205 457
-
pensions
8 724
-
21 870
-
other
296
-
742
-
accident
732
-
1 835
-
unemployment
2 034
-
5 096
-
total
11 786
-
29 543
-
Corporate
186 246
235 000
-
-
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.

27 937
35 250
-
-
total
27 937
35 250
-
-
Dividends
158 309
199 750
-
-
withholding
34 286
43 818
-
-
total
34 286
43 818
-
-
Income
235 000
235 000
235 000
235 000
Total tax
83 483
79 068
107 973
103 779
After tax
151 517
155 932
127 027
131 221
Living cost
27 493
27 493
27 493
27 493
Free-cash
124 024
128 439
99 534
103 728

Estimated living cost  is ₽27493 per week

₽18557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148404
₽148208
₽143452
₽143902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
health
-
-
-
1 448
income
-
-
-
80 413
pensions
-
-
-
1 997
total
-
-
-
83 858
Employee
4 171
-
232 753
-
income
807
-
80 308
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
81 806
-
Employer
4 171
-
232 753
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
229 891
235 000
-
-
income
50 576
51 700
-
-
total
50 576
51 700
-
-
Dividends
179 315
183 300
-
-
withholding
35 863
36 660
-
-
total
35 863
36 660
-
-
Income
235 000
235 000
235 000
235 000
Total tax
88 810
88 360
84 054
83 858
After tax
146 190
146 640
150 946
151 142
Living cost
2 738
2 738
2 738
2 738
Free-cash
143 452
143 902
148 208
148 404

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
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.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135200
₽135200
₽147574
₽152494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 000
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
54 573
pensions
-
-
-
19 214
total
-
-
-
82 507
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.

26 076
-
221 772
-
income
3 594
-
54 573
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
69 279
-
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.

26 076
-
221 772
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
204 256
235 000
-
-
income
30 638
35 250
-
-
total
30 638
35 250
-
-
Dividends
173 618
199 750
-
-
withholding
26 043
29 963
-
-
total
26 043
29 963
-
-
Income
235 000
235 000
235 000
235 000
Total tax
70 133
65 213
82 507
82 507
After tax
164 867
169 787
152 493
152 493
Living cost
17 293
17 293
17 293
17 293
Free-cash
147 574
152 494
135 200
135 200

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95121
₽76393
₽106354
₽106714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 000
social contributions

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

-
-
-
81 663
income
-
-
-
31 262
surtax
-
-
-
-
total
-
-
-
112 925
Employee
38 804
-
189 900
-
income
7 582
-
65 233
-
social contributions
4 269
-
20 889
-
surtax
-
-
431
-
total
11 851
-
86 553
-
Employer
38 804
-
189 900
-
social contributions
9 215
-
45 100
-
total
9 215
-
45 100
-
Corporate
186 981
235 000
-
-
surtax
-
-
-
-
income
39 266
49 350
-
-
total
39 266
49 350
-
-
Dividends
147 715
185 650
-
-
withholding
41 361
51 982
-
-
total
41 361
51 982
-
-
Income
235 000
235 000
235 000
235 000
Total tax
101 693
101 332
131 653
112 925
After tax
133 307
133 668
103 347
122 075
Living cost
26 954
26 954
26 954
26 954
Free-cash
106 354
106 714
76 393
95 121

Estimated living cost  is ₽26954 per week

₽19090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96084
₽91890
₽114253
₽120795
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
75 978
pensions
-
-
-
26 224
total
-
-
-
103 779
Employee
48 285
-
205 457
-
income
10 085
-
72 545
-
pensions
2 269
-
4 356
-
unemployment
748
-
1 436
-
other
47
-
93
-
total
13 149
-
78 430
-
Employer
48 285
-
205 457
-
pensions
11 395
-
21 870
-
other
387
-
742
-
accident
956
-
1 835
-
unemployment
2 656
-
5 096
-
total
15 394
-
29 543
-
Corporate
171 320
235 000
-
-
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.

25 699
35 250
-
-
total
25 699
35 250
-
-
Dividends
145 622
199 750
-
-
withholding
31 368
43 818
-
-
total
31 368
43 818
-
-
Income
235 000
235 000
235 000
235 000
Total tax
85 610
79 068
107 973
103 779
After tax
149 390
155 932
127 027
131 221
Living cost
35 137
35 137
35 137
35 137
Free-cash
114 253
120 795
91 890
96 084

Estimated living cost  is ₽35137 per week

₽25234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173220
₽183071
₽177628
₽183722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
35 250
pensions

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

-
-
-
5 170
total
-
-
-
44 577
Employee
22 779
-
228 147
-
income
2 278
-
22 815
-
pensions

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

2 000
-
3 067
-
health
1 048
-
1 607
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 576
-
27 873
-
Employer
22 779
-
228 147
-
pensions

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

2 510
-
3 849
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 572
-
2 410
-
unemployment
137
-
210
-
total
4 469
-
6 853
-
Corporate
207 752
235 000
-
-
income
20 775
23 500
-
-
total
20 775
23 500
-
-
Dividends
186 977
211 500
-
-
withholding
9 349
10 575
-
-
total
9 349
10 575
-
-
Income
235 000
235 000
235 000
235 000
Total tax
40 169
34 075
34 726
44 577
After tax
194 831
200 925
200 274
190 423
Living cost
17 203
17 203
17 203
17 203
Free-cash
177 628
183 722
183 071
173 220

Estimated living cost  is ₽17203 per week

₽11378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78994
₽106045
₽95325
₽82246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 000
trade
-
-
-
27 051
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.

-
-
-
6 830
income

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

-
-
-
79 172
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.

-
-
-
4 354
total
-
-
-
117 407
Employee

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

49 746
-
235 000
-
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.

226
-
4 354
-
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.

4 091
-
79 172
-
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.

6 830
-
6 830
-
total
11 147
-
90 356
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
185 254
235 000
-
-
trade
26 585
33 722
-
-
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.

1 529
1 939
-
-
income
27 788
35 250
-
-
chamber of commerce
423
497
-
-
total
56 325
71 408
-
-
Dividends
128 930
163 592
-
-
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.

1 751
2 229
-
-
withholding
31 853
40 518
-
-
total
33 604
42 747
-
-
Income
235 000
235 000
235 000
235 000
Total tax
101 076
114 155
90 356
117 407
After tax
133 924
120 845
144 644
117 593
Living cost
38 599
38 599
38 599
38 599
Free-cash
95 325
82 246
106 045
78 994

Estimated living cost  is ₽38599 per week

₽26626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60003
₽60003
₽109757
₽107547
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
social contributions
-
-
-
40 570
income
-
-
-
77 475
total
-
-
-
118 045
Employee
78 205
-
235 000
-
social contributions
6 497
-
40 570
-
income
14 757
-
77 475
-
total
21 254
-
118 045
-
Employer
78 205
-
235 000
-
total
-
-
-
-
Corporate
156 795
235 000
-
-
income
19 599
29 376
-
-
total
19 599
29 376
-
-
Dividends
137 196
205 624
-
-
withholding
27 438
41 125
-
-
total
27 438
41 125
-
-
Income
235 000
235 000
235 000
235 000
Total tax
68 291
70 501
118 045
118 045
After tax
166 709
164 499
116 955
116 955
Living cost
56 952
56 952
56 952
56 952
Free-cash
109 757
107 547
60 003
60 003

Estimated living cost  is ₽56952 per week

₽43328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156781
₽127203
₽114670
₽111175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 000
health

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

-
-
-
6 677
income
-
-
-
35 250
total
-
-
-
41 927
Employee
45 864
-
230 401
-
social contributions
4 595
-
4 599
-
income
4 977
-
62 307
-
total
9 572
-
66 906
-
Employer
45 864
-
230 401
-
social contributions
4 595
-
4 599
-
total
4 595
-
4 599
-
Corporate
184 541
235 000
-
-
income
64 589
82 251
-
-
total
64 589
82 251
-
-
Dividends
119 951
152 749
-
-
social contributions
5 282
5 282
-
-
total
5 282
5 282
-
-
Income
235 000
235 000
235 000
235 000
Total tax
84 038
87 533
71 505
41 927
After tax
150 962
147 467
163 495
193 073
Living cost
36 292
36 292
36 292
36 292
Free-cash
114 670
111 175
127 203
156 781

Estimated living cost  is ₽36292 per week

₽23906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114130
₽93180
₽116187
₽110232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
income
-
-
-
73 305
pensions
-
-
-
10 206
total
-
-
-
83 511
Employee
51 281
-
204 751
-
income
9 339
-
59 337
-
pensions
3 914
-
12 130
-
health
669
-
2 745
-
total
13 922
-
74 212
-
Employer
51 281
-
204 751
-
pensions
5 181
-
26 359
-
health
975
-
3 890
-
total
6 156
-
30 249
-
Corporate
177 563
235 000
-
-
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.

33 738
44 651
-
-
total
33 738
44 651
-
-
Dividends
143 826
190 349
-
-
withholding
27 638
42 758
-
-
total
27 638
42 758
-
-
Income
235 000
235 000
235 000
235 000
Total tax
81 454
87 409
104 461
83 511
After tax
153 546
147 591
130 539
151 489
Living cost
37 359
37 359
37 359
37 359
Free-cash
116 187
110 232
93 180
114 130

Estimated living cost  is ₽37359 per week

₽25628
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.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
₽136704
₽106012
₽15396
-₽4693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
67 630
pensions
-
-
-
4 145
total
-
-
-
74 568
Employee
37 326
-
215 161
-
income
5 121
-
53 186
-
pensions
4 203
-
7 600
-
health
4 274
-
24 636
-
total
13 598
-
85 422
-
Employer
37 326
-
215 161
-
pensions
6 069
-
10 974
-
accident
623
-
3 593
-
unemployment
914
-
5 271
-
total
7 606
-
19 838
-
Corporate
190 068
235 000
-
-
income

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

171 061
211 500
-
-
total
171 061
211 500
-
-
Dividends
19 007
23 500
-
-
withholding
3 611
4 465
-
-
total
3 611
4 465
-
-
Income
235 000
235 000
235 000
235 000
Total tax
195 876
215 965
105 260
74 568
After tax
39 124
19 035
129 740
160 432
Living cost
23 728
23 728
23 728
23 728
Free-cash
15 396
-4 693
106 012
136 704

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137906
₽159883
₽163250
₽166274
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
235 000
work injury
-
-
-
799
unemployment
-
-
-
1 918
income
-
-
-
39 637
health insurance
-
-
-
11 828
pensions
-
-
-
29 411
total
-
-
-
83 593
Employee

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

21 601
-
235 000
-
income
2 160
-
39 637
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
61 616
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
213 399
235 000
-
-
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%.

21 340
23 500
-
-
total
21 340
23 500
-
-
Dividends
192 059
211 500
-
-
withholding
28 809
31 725
-
-
total
28 809
31 725
-
-
Income
235 000
235 000
235 000
235 000
Total tax
58 249
55 225
61 616
83 593
After tax
176 751
179 775
173 384
151 407
Living cost
13 501
13 501
13 501
13 501
Free-cash
163 250
166 274
159 883
137 906

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71066
₽62854
₽79403
₽83953
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
235 000
social contributions
-
-
-
50 039
municipal
-
-
-
1 664
national
-
-
-
66 576
regional
-
-
-
5 826
total
-
-
-
124 105
Employee
84 248
-
235 000
-
national
14 237
-
59 882
-
social contributions
28 408
-
65 602
-
municipal
503
-
1 525
-
regional
1 272
-
5 308
-
total
44 420
-
132 317
-
Employer
84 248
-
235 000
-
total
-
-
-
-
Corporate
150 752
235 000
-
-
nationa
36 181
56 400
-
-
municipal
7 267
11 327
-
-
total
43 448
67 727
-
-
Dividends
107 304
167 273
-
-
withholding
27 900
43 491
-
-
total
27 900
43 491
-
-
Income
235 000
235 000
235 000
235 000
Total tax
115 768
111 218
132 317
124 105
After tax
119 232
123 782
102 683
110 895
Living cost
39 829
39 829
39 829
39 829
Free-cash
79 403
83 953
62 854
71 066

Estimated living cost  is ₽39829 per week

₽27977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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