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
₽ 236000
per

Your estimated
City
free-cash

Dresden , Germany
₽88151
₽99392
₽84918
₽114646
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 000
trade
-
-
-
29 728
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.

-
-
-
79 269
health

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

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

-
-
-
6 943
surtax

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

-
-
-
4 360
total
-
-
-
120 300
Employee

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

38 870
-
236 000
-
health

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

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

6 943
-
6 943
-
surtax

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

60
-
4 360
-
income

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

1 086
-
79 269
-
total
8 089
-
90 572
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
197 130
236 000
-
-
surtax

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

1 626
1 948
-
-
income
29 570
35 400
-
-
trade
31 048
37 171
-
-
chamber of commerce
438
494
-
-
total
62 682
75 013
-
-
Dividends
134 449
160 987
-
-
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.

1 828
2 193
-
-
withholding
33 227
39 861
-
-
total
35 055
42 054
-
-
Income
236 000
236 000
236 000
236 000
Total tax
105 826
117 067
90 572
120 300
After tax
130 174
118 933
145 428
115 700
Living cost
30 782
30 782
30 782
30 782
Free-cash
99 392
88 151
114 646
84 918

Estimated living cost  is ₽30782 per week

₽19363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽95989
₽95137
₽82552
₽83819
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
municipal
-
-
-
26 263
pensions
-
-
-
28 320
national
-
-
-
45 053
social contributions
-
-
-
2 537
total
-
-
-
102 173
Employee
79 485
-
204 020
-
municipal
9 818
-
27 177
-
pensions
3 179
-
8 161
-
national
15 213
-
47 053
-
total
28 210
-
82 391
-
Employer
79 485
-
204 020
-
social contributions
854
-
2 193
-
pensions
6 359
-
16 322
-
total
7 213
-
18 515
-
Corporate
144 055
236 000
-
-
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%.

28 811
47 200
-
-
total
28 811
47 200
-
-
Dividends
115 244
188 800
-
-
withholding
25 354
41 536
-
-
total
25 354
41 536
-
-
Income
236 000
236 000
236 000
236 000
Total tax
89 588
88 736
100 906
102 173
After tax
146 412
147 264
135 094
133 827
Living cost
51 275
51 275
51 275
51 275
Free-cash
95 137
95 989
83 819
82 552

Estimated living cost  is ₽51275 per week

₽34851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽167658
₽159322
₽65193
₽81851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 000
microenterprise
-
-
-
-
income
-
-
-
50 547
surtax
-
-
-
60 180
social contributions

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

-
-
-
38 937
total
-
-
-
149 664
Employee
29 696
-
186 327
-
social contributions

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

3 267
-
13 322
-
surtax
-
-
27 017
-
income
5 286
-
42 993
-
total
8 553
-
83 332
-
Employer
29 696
-
186 327
-
social contributions

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

7 153
-
29 177
-
surtax
-
-
20 497
-
total
7 153
-
49 674
-
Corporate
199 151
236 000
-
-
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%.

39 830
47 199
-
-
total
39 830
47 199
-
-
Dividends

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

159 321
188 801
-
-
total
-
-
-
-
Income
236 000
236 000
236 000
236 000
Total tax
55 536
47 199
133 006
149 664
After tax
180 464
188 801
102 994
86 336
Living cost
21 142
21 142
21 142
21 142
Free-cash
159 322
167 658
81 851
65 193

Estimated living cost  is ₽21142 per week

₽13488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽75120
₽68894
₽83753
₽108348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
85 235
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
109 674
Employee
86 784
86 784
217 114
-
health
13 320
11 330
12 532
-
income

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

14 205
14 205
41 754
-
pensions
15 621
11 907
11 907
-
total
43 146
37 442
66 193
-
Employer
86 784
86 784
217 114
-
unemployment
3 124
3 124
3 882
-
pensions
6 040
6 040
7 508
-
health
6 032
6 032
7 496
-
total
15 196
15 196
18 886
-
Corporate
135 083
134 019
-
-
income
27 017
26 803
-
-
total
27 017
26 803
-
-
Dividends
108 066
107 216
-
-
income
22 965
22 784
-
-
withholding
16 209
16 082
-
-
total
39 174
38 866
-
-
Income
236 000
236 000
236 000
236 000
Total tax
124 533
118 307
85 079
109 674
After tax
111 467
117 693
150 921
126 326
Living cost
42 573
42 573
42 573
42 573
Free-cash
68 894
75 120
108 348
83 753

Estimated living cost  is ₽42573 per week

₽30170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽89699
₽88821
₽78132
₽77181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
municipal
-
-
-
62 961
accident
-
-
-
172
pensions
-
-
-
9 277
other
-
-
-
9 972
unemployment
-
-
-
86
health
-
-
-
5 355
national
-
-
-
30 888
total
-
-
-
118 711
Employee
55 795
-
209 036
-
municipal
16 638
-
62 335
-
national
-
-
30 362
-
total
16 638
-
92 697
-
Employer
55 795
-
209 036
-
accident
112
-
172
-
other
6 483
-
9 972
-
unemployment
1 473
-
2 266
-
pensions
6 031
-
9 277
-
health
3 431
-
5 278
-
total
17 530
-
26 965
-
Corporate
162 675
236 000
-
-
income
35 788
51 920
-
-
total
35 788
51 920
-
-
Dividends
126 886
184 080
-
-
withholding
38 066
55 224
-
-
total
38 066
55 224
-
-
Income
236 000
236 000
236 000
236 000
Total tax
108 022
107 144
119 662
118 711
After tax
127 978
128 856
116 338
117 289
Living cost
39 157
39 157
39 157
39 157
Free-cash
88 821
89 699
77 181
78 132

Estimated living cost  is ₽39157 per week

₽25951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽77799
₽92077
₽74455
₽105505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 000
trade
-
-
-
31 050
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.

-
-
-
79 269
health

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

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

-
-
-
6 943
surtax

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

-
-
-
4 360
total
-
-
-
121 622
Employee

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

51 537
-
236 000
-
health

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

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

6 943
-
6 943
-
surtax

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

243
-
4 360
-
income

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

4 428
-
79 269
-
total
11 614
-
90 572
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
184 463
236 000
-
-
surtax

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

1 522
1 948
-
-
income
27 669
35 400
-
-
trade
30 344
38 822
-
-
chamber of commerce
417
490
-
-
total
59 952
76 660
-
-
Dividends
124 513
159 340
-
-
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.

1 691
2 170
-
-
withholding
30 743
39 448
-
-
total
32 434
41 618
-
-
Income
236 000
236 000
236 000
236 000
Total tax
104 000
118 278
90 572
121 622
After tax
132 000
117 722
145 428
114 378
Living cost
39 923
39 923
39 923
39 923
Free-cash
92 077
77 799
105 505
74 455

Estimated living cost  is ₽39923 per week

₽26701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽139015
₽134803
₽125491
₽123569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
55 087
health
-
-
-
6 017
social contributions
-
-
-
16 443
total
-
-
-
77 547
Employee
78 145
78 145
223 125
-
social contributions
3 797
6 486
8 748
-
health
777
1 329
3 793
-
income
8 206
7 234
54 053
-
total
12 780
15 049
66 594
-
Employer
78 145
78 145
223 125
-
social contributions
3 797
6 486
8 748
-
health
847
1 446
4 127
-
total
4 644
7 932
12 875
-
Corporate
185 613
149 922
-
-
income
23 202
18 740
-
-
total
23 202
18 740
-
-
Dividends
162 411
131 183
-
-
withholding
27 609
22 302
-
-
total
27 609
22 302
-
-
Income
236 000
236 000
236 000
236 000
Total tax
68 235
64 023
79 469
77 547
After tax
167 765
171 977
156 531
158 453
Living cost
32 962
32 962
32 962
32 962
Free-cash
134 803
139 015
123 569
125 491

Estimated living cost  is ₽32962 per week

₽22533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽114042
₽114426
₽145080
₽118403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
28 851
pensions
-
-
-
23 600
unemployment
-
-
-
3 540
health
-
-
-
16 520
total
-
-
-
72 511
Employee

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
197 490
-
health
1 860
740
13 824
-
income
3 249
1 293
24 143
-
pensions
2 657
1 058
19 749
-
unemployment
399
159
2 962
-
total
8 165
3 250
60 678
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 573
10 576
197 490
-
pensions
5 182
2 062
38 510
-
total
5 182
2 062
38 510
-
Corporate
204 245
223 362
-
-
income
18 382
20 103
-
-
total
18 382
20 103
-
-
Dividends
185 863
203 259
-
-
social contributions
36 122
39 515
-
-
withholding
35 314
38 619
-
-
total
71 436
78 134
-
-
Income
236 000
236 000
236 000
236 000
Total tax
103 165
103 549
99 188
72 511
After tax
132 835
132 451
136 812
163 489
Living cost
18 409
18 409
18 409
18 409
Free-cash
114 426
114 042
118 403
145 080

Estimated living cost  is ₽18409 per week

₽12562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽164255
₽157941
₽101950
₽111483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
31 624
pensions
-
-
-
47 201
health
-
-
-
30 679
total
-
-
-
109 504
Employee
28 830
-
176 383
-
income
3 246
-
34 006
-
pensions
577
-
3 527
-
unemployment
461
-
2 821
-
total
4 284
-
40 354
-
Employer
28 830
-
176 383
-
unemployment
231
-
1 412
-
pensions
5 766
-
35 275
-
health
3 747
-
22 930
-
total
9 744
-
59 617
-
Corporate
197 425
236 000
-
-
income
39 485
47 199
-
-
total
39 485
47 199
-
-
Dividends
157 940
188 801
-
-
total
-
-
-
-
Income
236 000
236 000
236 000
236 000
Total tax
53 513
47 199
99 971
109 504
After tax
182 487
188 801
136 029
126 496
Living cost
24 546
24 546
24 546
24 546
Free-cash
157 941
164 255
111 483
101 950

Estimated living cost  is ₽24546 per week

₽16836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽3080
₽15711
₽138924
₽108043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
accident
-
-
-
255
income
-
-
-
67 853
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
74 880
Employee
34 915
-
215 986
-
health
3 998
-
24 730
-
income
4 790
-
53 320
-
pensions
3 932
-
7 697
-
total
12 720
-
85 747
-
Employer
34 915
-
215 986
-
accident
583
-
3 607
-
unemployment
855
-
5 292
-
pensions
5 677
-
11 115
-
total
7 115
-
20 014
-
Corporate
193 969
236 000
-
-
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.

174 572
212 400
-
-
total
174 572
212 400
-
-
Dividends
19 397
23 600
-
-
withholding
3 686
4 484
-
-
total
3 686
4 484
-
-
Income
236 000
236 000
236 000
236 000
Total tax
198 093
216 884
105 761
74 880
After tax
37 907
19 116
130 239
161 120
Living cost
22 196
22 196
22 196
22 196
Free-cash
15 711
-3 080
108 043
138 924

Estimated living cost  is ₽22196 per week

₽16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽214938
₽213202
₽224378
₽179538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
236 000
microenterprise

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

-
-
-
2 360
total
-
-
-
2 360
Employee
11 577
-
236 000
-
income
2 315
-
47 200
-
total
2 315
-
47 200
-
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%.

224 423
236 000
-
-
total
-
-
-
-
Dividends
224 423
236 000
-
-
withholding
11 221
11 800
-
-
total
11 221
11 800
-
-
Income
236 000
236 000
236 000
236 000
Total tax
13 536
11 800
47 200
2 360
After tax
222 464
224 200
188 800
233 640
Living cost
9 262
9 262
9 262
9 262
Free-cash
213 202
214 938
179 538
224 378

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽146311
₽139447
₽115799
₽113865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
41 892
pensions

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

-
-
-
37 090
other
-
-
-
7 340
health
-
-
-
6 800
total
-
-
-
93 122
Employee
36 899
-
196 719
-
health
517
-
2 164
-
income
6 353
-
41 248
-
pensions

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

2 582
-
10 817
-
unemployment
368
-
1 545
-
total
9 820
-
55 774
-
Employer
36 899
-
196 719
-
accident
295
-
1 574
-
other
1 846
-
7 726
-
unemployment
368
-
1 545
-
pensions

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

6 274
-
26 273
-
health
517
-
2 164
-
total
9 300
-
39 282
-
Corporate
189 801
236 000
-
-
income
39 859
49 560
-
-
total
39 859
49 560
-
-
Dividends
149 942
186 440
-
-
withholding
10 495
13 050
-
-
total
10 495
13 050
-
-
Income
236 000
236 000
236 000
236 000
Total tax
69 474
62 610
95 056
93 122
After tax
166 526
173 390
140 944
142 878
Living cost
27 079
27 079
27 079
27 079
Free-cash
139 447
146 311
113 865
115 799

Estimated living cost  is ₽27079 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽80052
₽88289
₽83894
₽62845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
73 377
pensions
-
-
-
10 320
total
-
-
-
83 697
Employee
96 788
-
205 643
-
health
1 595
-
2 764
-
income
17 447
-
59 343
-
pensions
9 337
-
12 284
-
total
28 379
-
74 391
-
Employer
96 788
-
205 643
-
pensions
11 428
-
26 449
-
health
1 838
-
3 906
-
total
13 266
-
30 355
-
Corporate
125 946
236 000
-
-
income

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

23 930
44 840
-
-
total
23 930
44 840
-
-
Dividends
102 016
191 160
-
-
withholding
13 727
42 699
-
-
total
13 727
42 699
-
-
Income
236 000
236 000
236 000
236 000
Total tax
79 302
87 539
104 746
83 697
After tax
156 698
148 461
131 254
152 303
Living cost
68 409
68 409
68 409
68 409
Free-cash
88 289
80 052
62 845
83 894

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽188458
₽183738
₽177801
₽187673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
35 400
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
44 877
Employee
17 640
-
229 037
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
22 903
-
pensions

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

1 549
-
3 116
-
total
4 318
-
28 042
-
Employer
17 640
-
229 037
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
214 898
236 000
-
-
income
21 490
23 600
-
-
total
21 490
23 600
-
-
Dividends
193 408
212 400
-
-
withholding
9 671
10 620
-
-
total
9 671
10 620
-
-
Income
236 000
236 000
236 000
236 000
Total tax
38 940
34 220
35 005
44 877
After tax
197 060
201 780
200 995
191 123
Living cost
13 322
13 322
13 322
13 322
Free-cash
183 738
188 458
187 673
177 801

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽61340
₽63895
₽69973
₽94568
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
85 235
pensions
-
-
-
11 907
health
-
-
-
12 532
total
-
-
-
109 674
Employee
94 220
86 784
217 114
-
health
11 754
11 330
12 532
-
income

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

14 205
14 205
41 754
-
pensions
11 907
11 907
11 907
-
total
37 866
37 442
66 193
-
Employer
94 220
86 784
217 114
-
unemployment
3 392
3 124
3 882
-
pensions
6 557
6 040
7 508
-
health
6 547
6 032
7 496
-
total
16 496
15 196
18 886
-
Corporate
125 283
134 019
-
-
income
25 058
26 803
-
-
total
25 058
26 803
-
-
Dividends
100 226
107 216
-
-
income
21 299
22 784
-
-
withholding
15 033
16 082
-
-
total
36 332
38 866
-
-
Income
236 000
236 000
236 000
236 000
Total tax
115 752
118 307
85 079
109 674
After tax
120 248
117 693
150 921
126 326
Living cost
56 353
56 353
56 353
56 353
Free-cash
63 895
61 340
94 568
69 973

Estimated living cost  is ₽56353 per week

₽41570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽138197
₽129532
₽116057
₽105582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
25 378
health
-
-
-
31 860
solidarity contribution
-
-
-
3 464
social contributions
-
-
-
34 952
total
-
-
-
95 654
Employee
35 720
-
189 060
-
social contributions
2 322
-
7 780
-
health
4 822
-
25 523
-
solidarity contribution
-
-
2 524
-
income
4 286
-
23 363
-
total
11 430
-
59 190
-
Employer
35 720
-
189 060
-
social contributions
8 930
-
29 924
-
health
3 215
-
17 015
-
total
12 145
-
46 939
-
Corporate
188 135
236 000
-
-
income
35 746
44 840
-
-
total
35 746
44 840
-
-
Dividends
152 390
191 160
-
-
withholding
22 858
28 674
-
-
total
22 858
28 674
-
-
Income
236 000
236 000
236 000
236 000
Total tax
82 179
73 514
106 129
95 654
After tax
153 821
162 486
129 871
140 346
Living cost
24 289
24 289
24 289
24 289
Free-cash
129 532
138 197
105 582
116 057

Estimated living cost  is ₽24289 per week

₽16872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽83033
₽77728
₽71319
₽62702
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
municipal
-
-
-
1 481
regional
-
-
-
3 019
national
-
-
-
66 436
social contributions
-
-
-
50 863
total
-
-
-
121 799
Employee
90 319
-
236 000
-
social contributions
30 456
-
66 683
-
regional
852
-
2 745
-
municipal
478
-
1 354
-
national
15 650
-
59 634
-
total
47 436
-
130 416
-
Employer
90 319
-
236 000
-
total
-
-
-
-
Corporate
145 681
236 000
-
-
nationa
34 963
56 639
-
-
municipal
5 681
9 205
-
-
total
40 644
65 844
-
-
Dividends
105 037
170 156
-
-
withholding
27 310
44 241
-
-
total
27 310
44 241
-
-
Income
236 000
236 000
236 000
236 000
Total tax
115 390
110 085
130 416
121 799
After tax
120 610
125 915
105 584
114 201
Living cost
42 882
42 882
42 882
42 882
Free-cash
77 728
83 033
62 702
71 319

Estimated living cost  is ₽42882 per week

₽29892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽126020
₽122857
₽88501
₽82287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
75 285
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
12 802
total
-
-
-
125 074
Employee
33 607
-
207 450
-
other
-
-
-
-
health
858
-
3 458
-
surtax
110
-
11 587
-
income
5 633
-
69 206
-
pensions
2 241
-
9 047
-
unemployment
2 339
-
9 440
-
total
11 181
-
102 738
-
Employer
33 607
-
207 450
-
other
-
-
-
-
unemployment
1 065
-
4 299
-
pensions
4 480
-
18 080
-
health
1 529
-
6 171
-
total
7 074
-
28 550
-
Corporate
195 319
236 000
-
-
income
50 782
61 360
-
-
total
50 782
61 360
-
-
Dividends
144 537
174 640
-
-
withholding
21 681
26 195
-
-
total
21 681
26 195
-
-
Income
236 000
236 000
236 000
236 000
Total tax
90 718
87 555
131 288
125 074
After tax
145 282
148 445
104 712
110 926
Living cost
22 425
22 425
22 425
22 425
Free-cash
122 857
126 020
82 287
88 501

Estimated living cost  is ₽22425 per week

₽13712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽101726
₽108485
₽105568
₽84519
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
73 377
pensions
-
-
-
10 320
total
-
-
-
83 697
Employee
64 865
-
205 643
-
health
942
-
2 764
-
income
11 682
-
59 343
-
pensions
5 506
-
12 284
-
total
18 130
-
74 391
-
Employer
64 865
-
205 643
-
pensions
7 022
-
26 449
-
health
1 232
-
3 906
-
total
8 254
-
30 355
-
Corporate
162 882
236 000
-
-
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.

30 947
44 840
-
-
total
30 947
44 840
-
-
Dividends
131 934
191 160
-
-
withholding
23 449
42 699
-
-
total
23 449
42 699
-
-
Income
236 000
236 000
236 000
236 000
Total tax
80 780
87 539
104 746
83 697
After tax
155 220
148 461
131 254
152 303
Living cost
46 735
46 735
46 735
46 735
Free-cash
108 485
101 726
84 519
105 568

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
₽30302
₽63512
₽109091
₽100869
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
city
-
-
-
2 488
pensions
-
-
-
21 710
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.

-
-
-
4 720
regional
-
-
-
13 424
health
-
-
-
530
national
-
-
-
6 424
total
-
-
-
49 296
Employee
90 828
-
212 609
-
city
975
-
2 302
-
regional
2 974
-
12 022
-
health
205
-
478
-
pensions
7 631
-
16 322
-
unemployment
-
-
-
-
national
430
-
5 342
-
total
12 215
-
36 466
-
Employer
90 828
-
212 609
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 816
-
4 252
-
unemployment
-
-
-
-
pensions
7 631
-
16 322
-
health
205
-
478
-
total
9 652
-
21 052
-
Corporate
134 522
236 000
-
-
regional
28 452
49 915
-
-
national
11 434
20 060
-
-
total
39 886
69 975
-
-
Dividends
94 636
166 026
-
-
withholding
33 122
58 110
-
-
total
33 122
58 110
-
-
Income
236 000
236 000
236 000
236 000
Total tax
94 875
128 085
57 518
49 296
After tax
141 125
107 915
178 482
186 704
Living cost
77 613
77 613
77 613
77 613
Free-cash
63 512
30 302
100 869
109 091

Estimated living cost  is ₽77613 per week

₽50471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽69953
₽86434
₽66502
₽98873
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 000
trade
-
-
-
32 371
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.

-
-
-
79 269
health

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

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

-
-
-
6 943
surtax

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

-
-
-
4 360
total
-
-
-
122 943
Employee

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

61 075
-
236 000
-
health

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

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

6 943
-
6 943
-
surtax

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

395
-
4 360
-
income

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

7 182
-
79 269
-
total
14 520
-
90 572
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
174 925
236 000
-
-
surtax

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

1 443
1 948
-
-
income
26 238
35 400
-
-
trade
30 000
40 474
-
-
chamber of commerce
401
486
-
-
total
58 082
78 308
-
-
Dividends
116 843
157 692
-
-
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.

1 585
2 146
-
-
withholding
28 824
39 038
-
-
total
30 409
41 184
-
-
Income
236 000
236 000
236 000
236 000
Total tax
103 011
119 492
90 572
122 943
After tax
132 989
116 508
145 428
113 057
Living cost
46 555
46 555
46 555
46 555
Free-cash
86 434
69 953
98 873
66 502

Estimated living cost  is ₽46555 per week

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

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽84173
₽90177
₽93732
₽86349
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
45 048
pensions
-
-
-
36 650
other
-
-
-
7 317
health
-
-
-
11 758
surtax
-
-
-
-
social contributions
-
-
-
6 725
total
-
-
-
107 498
Employee
43 494
-
179 690
-
social contributions
1 240
-
5 120
-
surtax
-
-
-
-
income
2 567
-
39 727
-
pensions
4 918
-
13 724
-
total
8 725
-
58 571
-
Employer
43 494
-
179 690
-
other
1 500
-
7 532
-
social contributions
131
-
540
-
unemployment
1 761
-
7 278
-
pensions
7 145
-
22 881
-
health
3 045
-
18 079
-
total
13 582
-
56 310
-
Corporate
178 923
236 000
-
-
surtax
-
-
-
-
income
50 098
66 080
-
-
total
50 098
66 080
-
-
Dividends
128 825
169 920
-
-
surtax
-
-
-
-
social contributions
22 159
29 227
-
-
withholding
16 489
21 750
-
-
total
38 648
50 977
-
-
Income
236 000
236 000
236 000
236 000
Total tax
111 053
117 057
114 881
107 498
After tax
124 947
118 943
121 119
128 502
Living cost
34 770
34 770
34 770
34 770
Free-cash
90 177
84 173
86 349
93 732

Estimated living cost  is ₽34770 per week

₽21924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽87618
₽93267
₽97177
₽89794
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
45 048
pensions
-
-
-
36 650
other
-
-
-
7 317
health
-
-
-
11 758
surtax
-
-
-
-
social contributions
-
-
-
6 725
total
-
-
-
107 498
Employee
38 825
-
179 690
-
social contributions
1 107
-
5 120
-
surtax
-
-
-
-
income
2 002
-
39 727
-
pensions
4 391
-
13 724
-
total
7 500
-
58 571
-
Employer
38 825
-
179 690
-
other
1 340
-
7 532
-
social contributions
116
-
540
-
unemployment
1 572
-
7 278
-
pensions
6 380
-
22 881
-
health
2 717
-
18 079
-
total
12 125
-
56 310
-
Corporate
185 050
236 000
-
-
surtax
-
-
-
-
income
51 814
66 080
-
-
total
51 814
66 080
-
-
Dividends
133 236
169 920
-
-
surtax
-
-
-
-
social contributions
22 915
29 227
-
-
withholding
17 054
21 750
-
-
total
39 969
50 977
-
-
Income
236 000
236 000
236 000
236 000
Total tax
111 408
117 057
114 881
107 498
After tax
124 592
118 943
121 119
128 502
Living cost
31 325
31 325
31 325
31 325
Free-cash
93 267
87 618
89 794
97 177

Estimated living cost  is ₽31325 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽122432
₽122958
₽130010
₽123468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
35 400
health
-
-
-
16 474
social contributions
-
-
-
32 567
total
-
-
-
84 441
Employee
34 457
-
236 000
-
social contributions
4 756
-
32 567
-
health
2 405
-
16 474
-
income
5 747
-
41 942
-
total
12 908
-
90 983
-
Employer
34 457
-
236 000
-
total
-
-
-
-
Corporate
201 543
236 000
-
-
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%.

10 077
11 801
-
-
total
10 077
11 801
-
-
Dividends
191 466
224 199
-
-
health
13 365
15 648
-
-
social contributions
26 423
30 940
-
-
withholding
28 720
33 630
-
-
total
68 508
80 218
-
-
Income
236 000
236 000
236 000
236 000
Total tax
91 493
92 019
90 983
84 441
After tax
144 507
143 981
145 017
151 559
Living cost
21 549
21 549
21 549
21 549
Free-cash
122 958
122 432
123 468
130 010

Estimated living cost  is ₽21549 per week

₽14422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽94225
₽92651
₽84971
₽25964
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
chamber of commerce
-
-
-
943
income
-
-
-
76 797
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
201
total
-
-
-
115 220
Employee
50 788
40 499
195 990
-
other
507
405
1 188
-
health
1 965
1 568
4 594
-
income
5 782
2 987
64 681
-
pensions
5 201
4 146
12 158
-
unemployment
1 524
1 215
3 562
-
total
14 979
10 321
86 183
-
Employer
50 788
40 499
195 990
-
accident
660
526
1 543
-
other
2 413
1 923
8 651
-
chamber of commerce
202
162
785
-
unemployment
1 524
1 215
3 562
-
surtax
201
201
201
-
pensions
6 374
5 084
14 900
-
payroll
1 524
1 215
5 880
-
health
1 919
1 531
4 488
-
total
14 817
11 857
40 010
-
Corporate
170 397
183 644
192 133
-
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.

42 600
45 911
48 034
-
total
42 600
45 911
48 034
-
Dividends
127 797
137 733
-
-
withholding
35 144
37 877
-
-
total
35 144
37 877
-
-
Income
236 000
236 000
236 000
236 000
Total tax
107 540
105 966
174 227
115 220
After tax
128 460
130 034
61 773
120 780
Living cost
35 809
35 809
35 809
35 809
Free-cash
92 651
94 225
25 964
84 971

Estimated living cost  is ₽35809 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽92043
₽79573
₽65630
₽42852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
national
-
-
-
95 339
communal

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

-
-
-
12 640
social contributions
-
-
-
25 337
total
-
-
-
133 316
Employee

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

72 694
-
182 790
-
communal

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

3 792
-
9 535
-
health

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

3 415
-
8 592
-
pensions

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

5 452
-
13 710
-
unemployment

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

633
-
1 591
-
national
22 349
-
69 456
-
total
35 641
-
102 884
-
Employer

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

72 694
-
182 790
-
accident

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

945
-
2 376
-
unemployment

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

1 061
-
2 669
-
surtax
8 243
-
20 728
-
pensions

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

6 441
-
16 196
-
health

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

4 470
-
11 241
-
total
21 160
-
53 210
-
Corporate
142 146
236 000
-
-
surtax
569
1 022
-
-
income
28 429
51 083
-
-
total
28 998
52 105
-
-
Dividends
113 149
183 895
-
-
withholding

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

33 574
54 798
-
-
total
33 574
54 798
-
-
Income
236 000
236 000
236 000
236 000
Total tax
119 373
106 903
156 094
133 316
After tax
116 627
129 097
79 906
102 684
Living cost
37 054
37 054
37 054
37 054
Free-cash
79 573
92 043
42 852
65 630

Estimated living cost  is ₽37054 per week

₽23868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽119921
₽112958
₽95103
₽90839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
accident
-
-
-
849
income
-
-
-
75 937
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
104 196
Employee
50 587
-
205 971
-
other
50
-
94
-
income
10 674
-
72 449
-
pensions
2 378
-
4 428
-
unemployment
785
-
1 460
-
total
13 887
-
78 431
-
Employer
50 587
-
205 971
-
accident
1 001
-
1 865
-
other
403
-
754
-
unemployment
2 783
-
5 180
-
pensions
11 938
-
22 230
-
total
16 125
-
30 029
-
Corporate
169 289
236 000
-
-
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.

25 393
35 400
-
-
total
25 393
35 400
-
-
Dividends
143 895
200 600
-
-
withholding
30 936
43 978
-
-
total
30 936
43 978
-
-
Income
236 000
236 000
236 000
236 000
Total tax
86 341
79 378
108 460
104 196
After tax
149 659
156 622
127 540
131 804
Living cost
36 701
36 701
36 701
36 701
Free-cash
112 958
119 921
90 839
95 103

Estimated living cost  is ₽36701 per week

₽27027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽77776
₽63797
₽55071
₽64480
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
accident
-
-
-
1 990
income
-
-
-
45 141
pensions
-
-
-
35 373
health
-
-
-
16 582
surtax
-
-
-
11 700
communal
-
-
-
14 915
total
-
-
-
125 701
Employee
76 960
-
210 807
-
health
3 425
-
9 380
-
surtax
4 717
-
12 919
-
income
7 434
-
51 935
-
pensions
6 156
-
16 865
-
total
21 732
-
91 099
-
Employer
76 960
-
210 807
-
accident
692
-
1 898
-
pensions
6 156
-
16 865
-
health
2 347
-
6 430
-
total
9 195
-
25 193
-
Corporate
149 844
236 000
-
-
surtax
1 574
2 478
-
-
communal
10 115
15 930
-
-
income
22 477
35 400
-
-
total
34 166
53 808
-
-
Dividends
115 678
182 192
-
-
income
34 531
21 859
-
-
withholding
17 351
27 329
-
-
total
51 882
49 188
-
-
Income
236 000
236 000
236 000
236 000
Total tax
116 975
102 996
116 292
125 701
After tax
119 025
133 004
119 708
110 299
Living cost
55 228
55 228
55 228
55 228
Free-cash
63 797
77 776
64 480
55 071

Estimated living cost  is ₽55228 per week

₽41429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽125619
₽122386
₽88100
₽81886
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
75 285
pensions
-
-
-
27 127
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 629
surtax
-
-
-
12 802
total
-
-
-
125 074
Employee
34 224
-
207 450
-
other
-
-
-
-
health
874
-
3 458
-
surtax
121
-
11 587
-
income
5 737
-
69 206
-
pensions
2 283
-
9 047
-
unemployment
2 382
-
9 440
-
total
11 397
-
102 738
-
Employer
34 224
-
207 450
-
other
-
-
-
-
unemployment
1 086
-
4 299
-
pensions
4 563
-
18 080
-
health
1 556
-
6 171
-
total
7 205
-
28 550
-
Corporate
194 571
236 000
-
-
income
50 588
61 360
-
-
total
50 588
61 360
-
-
Dividends
143 983
174 640
-
-
withholding
21 598
26 195
-
-
total
21 598
26 195
-
-
Income
236 000
236 000
236 000
236 000
Total tax
90 788
87 555
131 288
125 074
After tax
145 212
148 445
104 712
110 926
Living cost
22 826
22 826
22 826
22 826
Free-cash
122 386
125 619
81 886
88 100

Estimated living cost  is ₽22826 per week

₽13781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽96671
₽94414
₽86086
₽77515
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
municipal
-
-
-
1 481
regional
-
-
-
3 758
national
-
-
-
66 436
social contributions
-
-
-
50 863
total
-
-
-
122 538
Employee
56 373
-
236 000
-
social contributions
19 010
-
66 683
-
regional
759
-
3 438
-
municipal
299
-
1 354
-
national
8 931
-
59 634
-
total
28 999
-
131 109
-
Employer
56 373
-
236 000
-
total
-
-
-
-
Corporate
179 627
236 000
-
-
nationa
43 111
56 639
-
-
municipal
8 927
11 729
-
-
total
52 038
68 368
-
-
Dividends
127 589
167 631
-
-
withholding
33 173
43 585
-
-
total
33 173
43 585
-
-
Income
236 000
236 000
236 000
236 000
Total tax
114 210
111 953
131 109
122 538
After tax
121 790
124 047
104 891
113 462
Living cost
27 376
27 376
27 376
27 376
Free-cash
94 414
96 671
77 515
86 086

Estimated living cost  is ₽27376 per week

₽17025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽132555
₽121878
₽110415
₽99940
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
25 378
health
-
-
-
31 860
solidarity contribution
-
-
-
3 464
social contributions
-
-
-
34 952
total
-
-
-
95 654
Employee
44 016
-
189 060
-
social contributions
2 861
-
7 780
-
health
5 942
-
25 523
-
solidarity contribution
-
-
2 524
-
income
5 282
-
23 363
-
total
14 085
-
59 190
-
Employer
44 016
-
189 060
-
social contributions
11 004
-
29 924
-
health
3 961
-
17 015
-
total
14 965
-
46 939
-
Corporate
177 018
236 000
-
-
income
33 633
44 840
-
-
total
33 633
44 840
-
-
Dividends
143 385
191 160
-
-
withholding
21 508
28 674
-
-
total
21 508
28 674
-
-
Income
236 000
236 000
236 000
236 000
Total tax
84 191
73 514
106 129
95 654
After tax
151 809
162 486
129 871
140 346
Living cost
29 931
29 931
29 931
29 931
Free-cash
121 878
132 555
99 940
110 415

Estimated living cost  is ₽29931 per week

₽22259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽97723
₽97218
₽88559
₽29398
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
chamber of commerce
-
-
-
943
income
-
-
-
76 797
pensions
-
-
-
21 964
unemployment
-
-
-
6 233
health
-
-
-
9 082
surtax
-
-
-
-
total
-
-
-
115 019
Employee
44 424
40 499
196 178
-
other
444
405
1 188
-
health
1 718
1 568
4 594
-
income
3 957
2 987
64 774
-
pensions
4 549
4 146
12 158
-
unemployment
1 333
1 215
3 562
-
total
12 001
10 321
86 276
-
Employer
44 424
40 499
196 178
-
accident
577
526
1 543
-
other
2 110
1 923
8 659
-
chamber of commerce
177
162
785
-
unemployment
1 333
1 215
3 562
-
surtax
-
-
-
-
pensions
5 575
5 084
14 900
-
payroll
1 333
1 215
5 886
-
health
1 680
1 531
4 488
-
total
12 785
11 656
39 823
-
Corporate
178 792
183 844
192 320
-
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.

44 698
45 961
48 081
-
total
44 698
45 961
48 081
-
Dividends
134 094
137 883
-
-
withholding
36 876
37 917
-
-
total
36 876
37 917
-
-
Income
236 000
236 000
236 000
236 000
Total tax
106 360
105 855
174 180
115 019
After tax
129 640
130 145
61 820
120 981
Living cost
32 422
32 422
32 422
32 422
Free-cash
97 218
97 723
29 398
88 559

Estimated living cost  is ₽32422 per week

₽19449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽209767
₽207060
₽219207
₽174367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
236 000
microenterprise

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

-
-
-
2 360
total
-
-
-
2 360
Employee
18 042
-
236 000
-
income
3 609
-
47 200
-
total
3 609
-
47 200
-
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%.

217 958
236 000
-
-
total
-
-
-
-
Dividends
217 958
236 000
-
-
withholding
10 898
11 800
-
-
total
10 898
11 800
-
-
Income
236 000
236 000
236 000
236 000
Total tax
14 507
11 800
47 200
2 360
After tax
221 493
224 200
188 800
233 640
Living cost
14 433
14 433
14 433
14 433
Free-cash
207 060
209 767
174 367
219 207

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽135227
₽126728
₽81530
₽76408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 000
income
-
-
-
60 534
pensions
-
-
-
43 099
unemployment
-
-
-
355
health
-
-
-
23 224
total
-
-
-
127 212
Employee

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

44 939
-
204 204
-
health
2 902
-
13 191
-
income
7 750
-
55 412
-
pensions
6 966
-
31 651
-
unemployment
64
-
285
-
total
17 682
-
100 539
-
Employer

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

44 939
-
204 204
-
unemployment
27
-
123
-
pensions
3 977
-
18 072
-
health
2 993
-
13 600
-
total
6 997
-
31 795
-
Corporate
184 064
236 000
-
-
income
34 972
44 841
-
-
total
34 972
44 841
-
-
Dividends
149 092
191 159
-
-
withholding
22 363
28 674
-
-
total
22 363
28 674
-
-
Income
236 000
236 000
236 000
236 000
Total tax
82 014
73 515
132 334
127 212
After tax
153 986
162 485
103 666
108 788
Living cost
27 258
27 258
27 258
27 258
Free-cash
126 728
135 227
76 408
81 530

Estimated living cost  is ₽27258 per week

₽18707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽99679
₽51281
₽119192
₽178711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
46 001
social contributions
-
-
-
26 904
total
-
-
-
72 905
Employee
62 951
-
-
-
social contributions
5 162
-
736
-
income
13 886
-
-
-
total
19 048
-
736
-
Employer
62 951
-
-
-
social contributions
88 761
-
12 650
-
total
88 761
-
12 650
-
Corporate
84 288
236 000
-
-
income
18 543
51 920
-
-
total
18 543
51 920
-
-
Dividends
65 744
184 080
-
-
income
14 464
40 498
-
-
total
14 464
40 498
-
-
Income
236 000
236 000
236 000
236 000
Total tax
140 816
92 418
13 386
72 905
After tax
95 184
143 582
222 614
163 095
Living cost
43 903
43 903
43 903
43 903
Free-cash
51 281
99 679
178 711
119 192

Estimated living cost  is ₽43903 per week

₽28486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽102359
₽101337
₽90855
₽72151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 000
income
-
-
-
31 259
surtax
-
-
-
-
social contributions

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

-
-
-
82 009
total
-
-
-
113 268
Employee
46 740
-
190 706
-
social contributions
5 141
-
20 977
-
surtax
-
-
386
-
income
9 722
-
65 317
-
total
14 863
-
86 680
-
Employer
46 740
-
190 706
-
social contributions
11 101
-
45 292
-
total
11 101
-
45 292
-
Corporate
178 159
236 000
-
-
surtax
-
-
-
-
income
37 414
49 560
-
-
total
37 414
49 560
-
-
Dividends
140 746
186 440
-
-
withholding
39 408
52 204
-
-
total
39 408
52 204
-
-
Income
236 000
236 000
236 000
236 000
Total tax
102 786
101 764
131 972
113 268
After tax
133 214
134 236
104 028
122 732
Living cost
31 877
31 877
31 877
31 877
Free-cash
101 337
102 359
72 151
90 855

Estimated living cost  is ₽31877 per week

₽23850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽69859
₽76846
₽79418
₽72035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
45 048
pensions
-
-
-
36 650
other
-
-
-
7 317
health
-
-
-
11 758
surtax
-
-
-
-
social contributions
-
-
-
6 725
total
-
-
-
107 498
Employee
63 650
-
179 690
-
social contributions
1 813
-
5 120
-
surtax
-
-
-
-
income
5 554
-
39 727
-
pensions
7 199
-
13 724
-
total
14 566
-
58 571
-
Employer
63 650
-
179 690
-
other
2 197
-
7 532
-
social contributions
191
-
540
-
unemployment
2 578
-
7 278
-
pensions
10 458
-
22 881
-
health
4 455
-
18 079
-
total
19 879
-
56 310
-
Corporate
152 470
236 000
-
-
surtax
-
-
-
-
income
42 692
66 080
-
-
total
42 692
66 080
-
-
Dividends
109 778
169 920
-
-
surtax
-
-
-
-
social contributions
18 882
29 227
-
-
withholding
14 051
21 750
-
-
total
32 933
50 977
-
-
Income
236 000
236 000
236 000
236 000
Total tax
110 070
117 057
114 881
107 498
After tax
125 930
118 943
121 119
128 502
Living cost
49 084
49 084
49 084
49 084
Free-cash
76 846
69 859
72 035
79 418

Estimated living cost  is ₽49084 per week

₽33219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽181852
₽178438
₽141295
₽147568
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
12 237
social contributions
-
-
-
51 920
total
-
-
-
64 157
Employee
32 672
-
204 328
-
income
-
-
12 933
-
social contributions
2 123
-
13 280
-
total
2 123
-
26 213
-
Employer
32 672
-
204 328
-
social contributions
5 064
-
31 671
-
total
5 064
-
31 671
-
Corporate
198 264
236 000
-
-
income
19 827
23 600
-
-
total
19 827
23 600
-
-
Dividends
178 437
212 400
-
-
total
-
-
-
-
Income
236 000
236 000
236 000
236 000
Total tax
27 014
23 600
57 884
64 157
After tax
208 986
212 400
178 116
171 843
Living cost
30 548
30 548
30 548
30 548
Free-cash
178 438
181 852
147 568
141 295

Estimated living cost  is ₽30548 per week

₽19752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
₽14598
₽8313
₽86955
₽14598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
municipal
-
-
-
50 853
pensions
-
-
-
881
national
-
-
-
29 563
labour market
-
-
-
18 809
total
-
-
-
100 106
Employee
206 561
206 561
206 561
-
labour market
16 501
16 501
16 501
-
national
25 235
25 235
25 235
-
municipal
43 986
43 986
43 986
-
pensions
294
294
294
-
total
86 016
86 016
86 016
-
Employer
206 561
206 561
206 561
-
labour market
16 525
16 525
16 525
-
municipal
44 056
44 056
44 056
-
pensions
587
587
587
-
national
25 279
25 279
25 279
-
total
86 447
86 447
86 447
-
Corporate
14 597
-
-
-
income
3 211
-
-
-
total
3 211
-
-
-
Dividends
11 386
-
-
-
withholding
3 074
-
-
-
total
3 074
-
-
-
Income
236 000
236 000
236 000
236 000
Total tax
178 748
172 463
172 463
100 106
After tax
57 252
63 537
63 537
135 894
Living cost
48 939
48 939
48 939
48 939
Free-cash
8 313
14 598
14 598
86 955

Estimated living cost  is ₽48939 per week

₽33495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽2752
₽15763
₽139252
₽108371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
accident
-
-
-
255
income
-
-
-
67 853
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
74 880
Employee
34 400
-
215 986
-
health
3 939
-
24 730
-
income
4 719
-
53 320
-
pensions
3 874
-
7 697
-
total
12 532
-
85 747
-
Employer
34 400
-
215 986
-
accident
574
-
3 607
-
unemployment
843
-
5 292
-
pensions
5 593
-
11 115
-
total
7 010
-
20 014
-
Corporate
194 589
236 000
-
-
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.

175 130
212 400
-
-
total
175 130
212 400
-
-
Dividends
19 459
23 600
-
-
withholding
3 697
4 484
-
-
total
3 697
4 484
-
-
Income
236 000
236 000
236 000
236 000
Total tax
198 369
216 884
105 761
74 880
After tax
37 631
19 116
130 239
161 120
Living cost
21 868
21 868
21 868
21 868
Free-cash
15 763
-2 752
108 371
139 252

Estimated living cost  is ₽21868 per week

₽15918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽105325
₽108466
₽104920
₽77887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
236 000
municipal
-
-
-
41 901
health
-
-
-
3 211
national
-
-
-
46 951
total
-
-
-
92 063
Employee
53 468
-
198 536
-
health
399
-
2 632
-
municipal
8 758
-
32 315
-
pensions
3 608
-
13 401
-
unemployment
802
-
2 978
-
national
883
-
30 306
-
total
14 450
-
81 632
-
Employer
53 468
-
198 536
-
accident
54
-
199
-
unemployment
347
-
1 290
-
pensions
9 276
-
34 446
-
health
411
-
1 529
-
total
10 088
-
37 464
-
Corporate
172 444
236 000
-
-
income
34 488
47 199
-
-
total
34 488
47 199
-
-
Dividends

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

103 467
141 601
-
-
national
10 867
18 971
-
-
municipal
18 624
25 488
-
-
total
29 491
44 459
-
-
Income
236 000
236 000
236 000
236 000
Total tax
88 517
91 658
119 096
92 063
After tax
147 483
144 342
116 904
143 937
Living cost
39 017
39 017
39 017
39 017
Free-cash
108 466
105 325
77 887
104 920

Estimated living cost  is ₽39017 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽148448
₽142916
₽134924
₽133002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
55 087
health
-
-
-
6 017
social contributions
-
-
-
16 443
total
-
-
-
77 547
Employee
78 145
78 145
223 125
-
social contributions
2 955
6 486
8 748
-
health
606
1 329
3 793
-
income
8 509
7 234
54 053
-
total
12 070
15 049
66 594
-
Employer
78 145
78 145
223 125
-
social contributions
2 955
6 486
8 748
-
health
658
1 446
4 127
-
total
3 613
7 932
12 875
-
Corporate
196 790
149 922
-
-
income
24 599
18 740
-
-
total
24 599
18 740
-
-
Dividends
172 191
131 183
-
-
withholding
29 273
22 302
-
-
total
29 273
22 302
-
-
Income
236 000
236 000
236 000
236 000
Total tax
69 555
64 023
79 469
77 547
After tax
166 445
171 977
156 531
158 453
Living cost
23 529
23 529
23 529
23 529
Free-cash
142 916
148 448
133 002
134 924

Estimated living cost  is ₽23529 per week

₽14102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽179298
₽174125
₽185213
₽164830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
236 000
income
-
-
-
24 481
pensions
-
-
-
6 464
unemployment
-
-
-
29
health
-
-
-
3 678
total
-
-
-
34 652
Employee

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

23 327
-
226 068
-
health
1 983
-
8 196
-
income
1 595
-
21 962
-
pensions
3 498
-
14 464
-
unemployment
116
-
482
-
total
7 192
-
45 104
-
Employer

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

23 327
-
226 068
-
unemployment
116
-
482
-
pensions
1 282
-
5 303
-
health
1 003
-
4 146
-
total
2 401
-
9 931
-
Corporate
210 272
236 000
-
-
income
18 925
21 239
-
-
total
18 925
21 239
-
-
Dividends
191 348
214 761
-
-
withholding
17 222
19 328
-
-
total
17 222
19 328
-
-
Income
236 000
236 000
236 000
236 000
Total tax
45 740
40 567
55 035
34 652
After tax
190 260
195 433
180 965
201 348
Living cost
16 135
16 135
16 135
16 135
Free-cash
174 125
179 298
164 830
185 213

Estimated living cost  is ₽16135 per week

₽10295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽128676
₽124189
₽103858
₽99594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
accident
-
-
-
849
income
-
-
-
75 937
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
104 196
Employee
37 577
-
205 971
-
other
37
-
94
-
income
7 245
-
72 449
-
pensions
1 767
-
4 428
-
unemployment
582
-
1 460
-
total
9 631
-
78 431
-
Employer
37 577
-
205 971
-
accident
744
-
1 865
-
other
301
-
754
-
unemployment
2 067
-
5 180
-
pensions
8 867
-
22 230
-
total
11 979
-
30 029
-
Corporate
186 443
236 000
-
-
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.

27 966
35 400
-
-
total
27 966
35 400
-
-
Dividends
158 477
200 600
-
-
withholding
34 289
43 978
-
-
total
34 289
43 978
-
-
Income
236 000
236 000
236 000
236 000
Total tax
83 865
79 378
108 460
104 196
After tax
152 135
156 622
127 540
131 804
Living cost
27 946
27 946
27 946
27 946
Free-cash
124 189
128 676
99 594
103 858

Estimated living cost  is ₽27946 per week

₽18863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽144483
₽144027
₽148985
₽148788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
80 734
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
84 234
Employee
4 236
-
233 718
-
health
212
-
507
-
income
820
-
80 627
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
82 148
-
Employer
4 236
-
233 718
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
230 810
236 000
-
-
income
50 778
51 920
-
-
total
50 778
51 920
-
-
Dividends
180 032
184 080
-
-
withholding
36 006
36 816
-
-
total
36 006
36 816
-
-
Income
236 000
236 000
236 000
236 000
Total tax
89 192
88 736
84 431
84 234
After tax
146 808
147 264
151 569
151 766
Living cost
2 781
2 781
2 781
2 781
Free-cash
144 027
144 483
148 788
148 985

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽152952
₽147954
₽135320
₽135320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 000
income
-
-
-
54 759
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 728
total
-
-
-
83 122
Employee

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

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

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

26 477
-
222 569
-
health
1 364
-
3 864
-
income
3 650
-
54 759
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
69 691
-
Employer

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

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

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

26 477
-
222 569
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
204 784
236 000
-
-
income
30 718
35 400
-
-
total
30 718
35 400
-
-
Dividends
174 066
200 600
-
-
withholding
26 110
30 090
-
-
total
26 110
30 090
-
-
Income
236 000
236 000
236 000
236 000
Total tax
70 488
65 490
83 122
83 122
After tax
165 512
170 510
152 878
152 878
Living cost
17 558
17 558
17 558
17 558
Free-cash
147 954
152 952
135 320
135 320

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽106838
₽106474
₽95334
₽76630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 000
income
-
-
-
31 259
surtax
-
-
-
-
social contributions

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

-
-
-
82 009
total
-
-
-
113 268
Employee
39 443
-
190 706
-
social contributions
4 339
-
20 977
-
surtax
-
-
386
-
income
7 707
-
65 317
-
total
12 046
-
86 680
-
Employer
39 443
-
190 706
-
social contributions
9 367
-
45 292
-
total
9 367
-
45 292
-
Corporate
187 190
236 000
-
-
surtax
-
-
-
-
income
39 309
49 560
-
-
total
39 309
49 560
-
-
Dividends
147 880
186 440
-
-
withholding
41 406
52 204
-
-
total
41 406
52 204
-
-
Income
236 000
236 000
236 000
236 000
Total tax
102 128
101 764
131 972
113 268
After tax
133 872
134 236
104 028
122 732
Living cost
27 398
27 398
27 398
27 398
Free-cash
106 474
106 838
76 630
95 334

Estimated living cost  is ₽27398 per week

₽19405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽120906
₽114257
₽96088
₽91824
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
accident
-
-
-
849
income
-
-
-
75 937
pensions
-
-
-
26 656
other
-
-
-
94
unemployment
-
-
-
660
total
-
-
-
104 196
Employee
49 081
-
205 971
-
other
48
-
94
-
income
10 251
-
72 449
-
pensions
2 307
-
4 428
-
unemployment
760
-
1 460
-
total
13 366
-
78 431
-
Employer
49 081
-
205 971
-
accident
972
-
1 865
-
other
393
-
754
-
unemployment
2 700
-
5 180
-
pensions
11 583
-
22 230
-
total
15 648
-
30 029
-
Corporate
171 271
236 000
-
-
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.

25 690
35 400
-
-
total
25 690
35 400
-
-
Dividends
145 581
200 600
-
-
withholding
31 323
43 978
-
-
total
31 323
43 978
-
-
Income
236 000
236 000
236 000
236 000
Total tax
86 027
79 378
108 460
104 196
After tax
149 973
156 622
127 540
131 804
Living cost
35 716
35 716
35 716
35 716
Free-cash
114 257
120 906
91 824
96 088

Estimated living cost  is ₽35716 per week

₽25650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽184301
₽178109
₽173644
₽183516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
35 400
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
44 877
Employee
23 145
-
229 037
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
22 903
-
pensions

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

2 032
-
3 116
-
total
5 666
-
28 042
-
Employer
23 145
-
229 037
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
208 314
236 000
-
-
income
20 831
23 600
-
-
total
20 831
23 600
-
-
Dividends
187 483
212 400
-
-
withholding
9 374
10 620
-
-
total
9 374
10 620
-
-
Income
236 000
236 000
236 000
236 000
Total tax
40 412
34 220
35 005
44 877
After tax
195 588
201 780
200 995
191 123
Living cost
17 479
17 479
17 479
17 479
Free-cash
178 109
184 301
183 516
173 644

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽82130
₽95425
₽79107
₽106193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 000
trade
-
-
-
27 086
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.

-
-
-
79 269
health

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

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

-
-
-
6 943
surtax

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

-
-
-
4 360
total
-
-
-
117 658
Employee

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

50 565
-
236 000
-
health

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

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

6 943
-
6 943
-
surtax

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

229
-
4 360
-
income

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

4 158
-
79 269
-
total
11 330
-
90 572
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
185 435
236 000
-
-
surtax

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

1 529
1 948
-
-
income
27 815
35 400
-
-
trade
26 610
33 865
-
-
chamber of commerce
426
499
-
-
total
56 380
71 712
-
-
Dividends
129 054
164 287
-
-
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.

1 753
2 237
-
-
withholding
31 877
40 686
-
-
total
33 630
42 923
-
-
Income
236 000
236 000
236 000
236 000
Total tax
101 340
114 635
90 572
117 658
After tax
134 660
121 365
145 428
118 342
Living cost
39 235
39 235
39 235
39 235
Free-cash
95 425
82 130
106 193
79 107

Estimated living cost  is ₽39235 per week

₽27065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽107308
₽109553
₽59812
₽59812
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
77 603
social contributions
-
-
-
40 694
total
-
-
-
118 297
Employee
79 494
-
236 000
-
income
15 000
-
77 603
-
social contributions
6 604
-
40 694
-
total
21 604
-
118 297
-
Employer
79 494
-
236 000
-
total
-
-
-
-
Corporate
156 506
236 000
-
-
income
19 563
29 501
-
-
total
19 563
29 501
-
-
Dividends
136 943
206 499
-
-
withholding
27 389
41 300
-
-
total
27 389
41 300
-
-
Income
236 000
236 000
236 000
236 000
Total tax
68 556
70 801
118 297
118 297
After tax
167 444
165 199
117 703
117 703
Living cost
57 891
57 891
57 891
57 891
Free-cash
109 553
107 308
59 812
59 812

Estimated living cost  is ₽57891 per week

₽44042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽111141
₽114691
₽156898
₽127433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 000
income
-
-
-
35 400
health

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

-
-
-
6 812
total
-
-
-
42 212
Employee
46 620
-
231 325
-
income
5 059
-
62 327
-
social contributions
4 671
-
4 675
-
total
9 730
-
67 002
-
Employer
46 620
-
231 325
-
social contributions
4 671
-
4 675
-
total
4 671
-
4 675
-
Corporate
184 709
236 000
-
-
income
64 649
82 600
-
-
total
64 649
82 600
-
-
Dividends
120 060
153 400
-
-
social contributions
5 369
5 369
-
-
total
5 369
5 369
-
-
Income
236 000
236 000
236 000
236 000
Total tax
84 419
87 969
71 677
42 212
After tax
151 581
148 031
164 323
193 788
Living cost
36 890
36 890
36 890
36 890
Free-cash
114 691
111 141
127 433
156 898

Estimated living cost  is ₽36890 per week

₽24300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽110467
₽116526
₽114309
₽93260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
income
-
-
-
73 377
pensions
-
-
-
10 320
total
-
-
-
83 697
Employee
52 152
-
205 643
-
health
680
-
2 764
-
income
9 497
-
59 343
-
pensions
3 980
-
12 284
-
total
14 157
-
74 391
-
Employer
52 152
-
205 643
-
pensions
5 269
-
26 449
-
health
991
-
3 906
-
total
6 260
-
30 355
-
Corporate
177 588
236 000
-
-
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.

33 741
44 840
-
-
total
33 741
44 840
-
-
Dividends
143 847
191 160
-
-
withholding
27 322
42 699
-
-
total
27 322
42 699
-
-
Income
236 000
236 000
236 000
236 000
Total tax
81 480
87 539
104 746
83 697
After tax
154 520
148 461
131 254
152 303
Living cost
37 994
37 994
37 994
37 994
Free-cash
116 526
110 467
93 260
114 309

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽4917
₽15430
₽137087
₽106206
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
accident
-
-
-
255
income
-
-
-
67 853
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
74 880
Employee
37 806
-
215 986
-
health
4 329
-
24 730
-
income
5 187
-
53 320
-
pensions
4 257
-
7 697
-
total
13 773
-
85 747
-
Employer
37 806
-
215 986
-
accident
631
-
3 607
-
unemployment
926
-
5 292
-
pensions
6 147
-
11 115
-
total
7 704
-
20 014
-
Corporate
190 490
236 000
-
-
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.

171 441
212 400
-
-
total
171 441
212 400
-
-
Dividends
19 049
23 600
-
-
withholding
3 619
4 484
-
-
total
3 619
4 484
-
-
Income
236 000
236 000
236 000
236 000
Total tax
196 537
216 884
105 761
74 880
After tax
39 463
19 116
130 239
161 120
Living cost
24 033
24 033
24 033
24 033
Free-cash
15 430
-4 917
106 206
137 087

Estimated living cost  is ₽24033 per week

₽17638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽166845
₽163777
₽137938
₽160232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
236 000
work injury
-
-
-
811
health insurance
-
-
-
11 998
income
-
-
-
39 779
pensions
-
-
-
29 833
unemployment
-
-
-
1 946
total
-
-
-
84 367
Employee

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

21 911
-
236 000
-
work injury
110
-
405
-
income
2 191
-
39 779
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
62 073
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
214 089
236 000
-
-
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%.

21 409
23 600
-
-
total
21 409
23 600
-
-
Dividends
192 680
212 400
-
-
withholding
28 902
31 860
-
-
total
28 902
31 860
-
-
Income
236 000
236 000
236 000
236 000
Total tax
58 528
55 460
62 073
84 367
After tax
177 472
180 540
173 927
151 633
Living cost
13 695
13 695
13 695
13 695
Free-cash
163 777
166 845
160 232
137 938

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽83825
₽79202
₽70725
₽62375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
236 000
municipal
-
-
-
1 666
regional
-
-
-
5 825
national
-
-
-
66 436
social contributions
-
-
-
50 863
total
-
-
-
124 790
Employee
85 636
-
236 000
-
social contributions
28 876
-
66 683
-
regional
1 293
-
5 299
-
municipal
511
-
1 524
-
national
14 472
-
59 634
-
total
45 152
-
133 140
-
Employer
85 636
-
236 000
-
total
-
-
-
-
Corporate
150 364
236 000
-
-
nationa
36 087
56 639
-
-
municipal
7 247
11 375
-
-
total
43 334
68 014
-
-
Dividends
107 029
167 986
-
-
withholding
27 827
43 676
-
-
total
27 827
43 676
-
-
Income
236 000
236 000
236 000
236 000
Total tax
116 313
111 690
133 140
124 790
After tax
119 687
124 310
102 860
111 210
Living cost
40 485
40 485
40 485
40 485
Free-cash
79 202
83 825
62 375
70 725

Estimated living cost  is ₽40485 per week

₽28438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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