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
₽ 238000
per

Your estimated
City
free-cash

Dresden , Germany
₽116479
₽90467
₽86117
₽101225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 000
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.

-
-
-
6 645
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.

-
-
-
80 961
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.

-
-
-
4 452
trade
-
-
-
30 362
total
-
-
-
122 420
Employee

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

37 205
-
238 000
-
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.

57
-
4 452
-
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.

1 039
-
80 961
-
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.

6 645
-
6 645
-
total
7 741
-
92 058
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
200 795
238 000
-
-
chamber of commerce
436
489
-
-
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.

1 656
1 964
-
-
trade
31 625
37 485
-
-
income
30 120
35 700
-
-
total
63 837
75 638
-
-
Dividends
136 959
162 361
-
-
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.

1 863
2 211
-
-
withholding
33 871
40 221
-
-
total
35 734
42 432
-
-
Income
238 000
238 000
238 000
238 000
Total tax
107 312
118 070
92 058
122 420
After tax
130 688
119 930
145 942
115 580
Living cost
29 463
29 463
29 463
29 463
Free-cash
101 225
90 467
116 479
86 117

Estimated living cost  is ₽29463 per week

₽18533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84809
₽97215
₽83531
₽96361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
social contributions
-
-
-
2 559
pensions
-
-
-
28 560
national
-
-
-
45 557
municipal
-
-
-
26 496
total
-
-
-
103 172
Employee
79 519
-
205 749
-
municipal
9 822
-
27 417
-
national
15 220
-
47 575
-
pensions
3 181
-
8 230
-
total
28 223
-
83 222
-
Employer
79 519
-
205 749
-
pensions
6 362
-
16 460
-
social contributions
855
-
2 212
-
total
7 217
-
18 672
-
Corporate
146 016
238 000
-
-
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%.

29 203
47 600
-
-
total
29 203
47 600
-
-
Dividends
116 813
190 400
-
-
withholding
25 699
41 888
-
-
total
25 699
41 888
-
-
Income
238 000
238 000
238 000
238 000
Total tax
90 342
89 488
101 894
103 172
After tax
147 658
148 512
136 106
134 828
Living cost
51 297
51 297
51 297
51 297
Free-cash
96 361
97 215
84 809
83 531

Estimated living cost  is ₽51297 per week

₽34866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽768
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84247
₽170164
₽67619
₽162183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 000
social contributions

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

-
-
-
37 269
income
-
-
-
52 184
surtax
-
-
-
60 691
microenterprise
-
-
-
-
total
-
-
-
150 144
Employee
28 424
-
189 254
-
surtax
-
-
27 442
-
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.

3 127
-
12 752
-
income
5 060
-
44 577
-
total
8 187
-
84 771
-
Employer
28 424
-
189 254
-
surtax
-
-
20 818
-
social contributions

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

6 847
-
27 927
-
total
6 847
-
48 745
-
Corporate
202 730
238 000
-
-
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%.

40 546
47 599
-
-
total
40 546
47 599
-
-
Dividends

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

162 184
190 401
-
-
total
-
-
-
-
Income
238 000
238 000
238 000
238 000
Total tax
55 580
47 599
133 516
150 144
After tax
182 420
190 401
104 484
87 856
Living cost
20 237
20 237
20 237
20 237
Free-cash
162 183
170 164
84 247
67 619

Estimated living cost  is ₽20237 per week

₽12910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111429
₽78078
₽86008
₽72117
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
health
-
-
-
11 995
income
-
-
-
87 851
pensions
-
-
-
11 397
total
-
-
-
111 243
Employee
83 067
83 067
219 923
-
income

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

13 597
13 597
44 353
-
pensions
14 952
11 397
11 397
-
health
12 750
10 845
11 995
-
total
41 299
35 839
67 745
-
Employer
83 067
83 067
219 923
-
unemployment
2 990
2 990
3 716
-
health
5 774
5 774
7 175
-
pensions
5 781
5 781
7 186
-
total
14 545
14 545
18 077
-
Corporate
141 406
140 387
-
-
income
28 282
28 077
-
-
total
28 282
28 077
-
-
Dividends
113 125
112 310
-
-
income
24 040
23 866
-
-
withholding
16 968
16 846
-
-
total
41 008
40 712
-
-
Income
238 000
238 000
238 000
238 000
Total tax
125 134
119 173
85 822
111 243
After tax
112 866
118 827
152 178
126 757
Living cost
40 749
40 749
40 749
40 749
Free-cash
72 117
78 078
111 429
86 008

Estimated living cost  is ₽40749 per week

₽28878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77089
₽89466
₽78072
₽88557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
10 310
health
-
-
-
5 536
accident
-
-
-
177
pensions
-
-
-
9 591
national
-
-
-
30 436
unemployment
-
-
-
89
municipal
-
-
-
63 307
total
-
-
-
119 446
Employee
57 684
-
210 123
-
municipal
17 201
-
62 659
-
national
-
-
29 893
-
total
17 201
-
92 552
-
Employer
57 684
-
210 123
-
other
6 703
-
10 310
-
unemployment
1 523
-
2 342
-
health
3 548
-
5 457
-
accident
115
-
177
-
pensions
6 236
-
9 591
-
total
18 125
-
27 877
-
Corporate
162 192
238 000
-
-
income
35 682
52 360
-
-
total
35 682
52 360
-
-
Dividends
126 510
185 640
-
-
withholding
37 953
55 692
-
-
total
37 953
55 692
-
-
Income
238 000
238 000
238 000
238 000
Total tax
108 961
108 052
120 429
119 446
After tax
129 039
129 948
117 571
118 554
Living cost
40 482
40 482
40 482
40 482
Free-cash
88 557
89 466
77 089
78 072

Estimated living cost  is ₽40482 per week

₽26830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107729
₽80493
₽76018
₽94162
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 000
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.

-
-
-
6 645
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.

-
-
-
80 961
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.

-
-
-
4 452
trade
-
-
-
31 711
total
-
-
-
123 769
Employee

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

49 329
-
238 000
-
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.

233
-
4 452
-
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.

4 238
-
80 961
-
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.

6 645
-
6 645
-
total
11 116
-
92 058
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
188 671
238 000
-
-
chamber of commerce
415
485
-
-
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.

1 556
1 964
-
-
trade
31 036
39 150
-
-
income
28 300
35 700
-
-
total
61 307
77 299
-
-
Dividends
127 364
160 700
-
-
surtax

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

1 731
2 189
-
-
withholding
31 471
39 806
-
-
total
33 202
41 995
-
-
Income
238 000
238 000
238 000
238 000
Total tax
105 625
119 294
92 058
123 769
After tax
132 375
118 706
145 942
114 231
Living cost
38 213
38 213
38 213
38 213
Free-cash
94 162
80 493
107 729
76 018

Estimated living cost  is ₽38213 per week

₽25557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4030
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125873
₽141857
₽127786
₽137822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
social contributions
-
-
-
15 738
health
-
-
-
6 069
income
-
-
-
56 857
total
-
-
-
78 664
Employee
74 798
74 798
225 455
-
social contributions
3 635
6 208
8 373
-
income
7 854
6 924
55 827
-
health
744
1 272
3 832
-
total
12 233
14 404
68 032
-
Employer
74 798
74 798
225 455
-
health
810
1 384
4 172
-
social contributions
3 635
6 208
8 373
-
total
4 445
7 592
12 545
-
Corporate
189 772
155 610
-
-
income
23 722
19 451
-
-
total
23 722
19 451
-
-
Dividends
166 050
136 159
-
-
withholding
28 228
23 146
-
-
total
28 228
23 146
-
-
Income
238 000
238 000
238 000
238 000
Total tax
68 628
64 593
80 577
78 664
After tax
169 372
173 407
157 423
159 336
Living cost
31 550
31 550
31 550
31 550
Free-cash
137 822
141 857
125 873
127 786

Estimated living cost  is ₽31550 per week

₽21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2464
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.
₽6989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽120270
₽115855
₽147173
₽116223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
health
-
-
-
16 660
income
-
-
-
29 096
pensions
-
-
-
23 800
unemployment
-
-
-
3 570
total
-
-
-
73 126
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.

25 551
10 169
199 163
-
income
3 124
1 243
24 348
-
pensions
2 555
1 017
19 916
-
health
1 789
712
13 941
-
unemployment
383
153
2 987
-
total
7 851
3 125
61 192
-
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.

25 551
10 169
199 163
-
pensions
4 983
1 983
38 837
-
total
4 983
1 983
38 837
-
Corporate
207 466
225 848
-
-
income
18 672
20 326
-
-
total
18 672
20 326
-
-
Dividends
188 794
205 522
-
-
social contributions
36 699
39 961
-
-
withholding
35 871
39 049
-
-
total
72 570
79 010
-
-
Income
238 000
238 000
238 000
238 000
Total tax
104 076
104 444
100 029
73 126
After tax
133 924
133 556
137 971
164 874
Living cost
17 701
17 701
17 701
17 701
Free-cash
116 223
115 855
120 270
147 173

Estimated living cost  is ₽17701 per week

₽12079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113684
₽166906
₽104074
₽160862
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
health
-
-
-
30 940
income
-
-
-
31 892
pensions
-
-
-
47 599
total
-
-
-
110 431
Employee
27 595
-
177 878
-
income
3 107
-
34 296
-
pensions
552
-
3 557
-
unemployment
441
-
2 846
-
total
4 100
-
40 699
-
Employer
27 595
-
177 878
-
unemployment
222
-
1 423
-
health
3 587
-
23 124
-
pensions
5 519
-
35 575
-
total
9 328
-
60 122
-
Corporate
201 078
238 000
-
-
income
40 215
47 599
-
-
total
40 215
47 599
-
-
Dividends
160 862
190 401
-
-
total
-
-
-
-
Income
238 000
238 000
238 000
238 000
Total tax
53 643
47 599
100 821
110 431
After tax
184 357
190 401
137 179
127 569
Living cost
23 495
23 495
23 495
23 495
Free-cash
160 862
166 906
113 684
104 074

Estimated living cost  is ₽23495 per week

₽16115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5508
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110021
-₽2276
₽140908
₽15971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
68 715
pensions
-
-
-
4 076
total
-
-
-
75 538
Employee
33 906
-
218 216
-
income
4 652
-
54 180
-
pensions
3 818
-
7 475
-
health
3 882
-
24 986
-
total
12 352
-
86 641
-
Employer
33 906
-
218 216
-
unemployment
831
-
5 346
-
accident
566
-
3 644
-
pensions
5 513
-
10 794
-
total
6 910
-
19 784
-
Corporate
197 184
238 000
-
-
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.

177 466
214 200
-
-
total
177 466
214 200
-
-
Dividends
19 718
23 800
-
-
withholding
3 747
4 522
-
-
total
3 747
4 522
-
-
Income
238 000
238 000
238 000
238 000
Total tax
200 475
218 722
106 425
75 538
After tax
37 525
19 278
131 575
162 462
Living cost
21 554
21 554
21 554
21 554
Free-cash
15 971
-2 276
110 021
140 908

Estimated living cost  is ₽21554 per week

₽15797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1194
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽182406
₽218106
₽227626
₽216608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
238 000
microenterprise

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

-
-
-
2 380
total
-
-
-
2 380
Employee
9 992
-
238 000
-
income
1 998
-
47 600
-
total
1 998
-
47 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

228 008
238 000
-
-
total
-
-
-
-
Dividends
228 008
238 000
-
-
withholding
11 400
11 900
-
-
total
11 400
11 900
-
-
Income
238 000
238 000
238 000
238 000
Total tax
13 398
11 900
47 600
2 380
After tax
224 602
226 100
190 400
235 620
Living cost
7 994
7 994
7 994
7 994
Free-cash
216 608
218 106
182 406
227 626

Estimated living cost  is ₽7994 per week

₽4954
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽220
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117999
₽148939
₽119920
₽142368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
7 026
health
-
-
-
6 509
income
-
-
-
43 125
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.

-
-
-
35 501
total
-
-
-
92 161
Employee
35 319
-
200 306
-
income
6 081
-
42 484
-
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.

2 472
-
10 354
-
health
495
-
2 071
-
unemployment
353
-
1 479
-
total
9 401
-
56 388
-
Employer
35 319
-
200 306
-
other
1 767
-
7 395
-
unemployment
353
-
1 479
-
health
495
-
2 071
-
accident
282
-
1 602
-
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.

6 005
-
25 147
-
total
8 902
-
37 694
-
Corporate
193 780
238 000
-
-
income
40 694
49 980
-
-
total
40 694
49 980
-
-
Dividends
153 087
188 020
-
-
withholding
10 716
13 162
-
-
total
10 716
13 162
-
-
Income
238 000
238 000
238 000
238 000
Total tax
69 713
63 142
94 082
92 161
After tax
168 287
174 858
143 918
145 839
Living cost
25 919
25 919
25 919
25 919
Free-cash
142 368
148 939
117 999
119 920

Estimated living cost  is ₽25919 per week

₽18313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1750
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.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66948
₽83865
₽88114
₽91644
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
75 223
pensions
-
-
-
10 048
total
-
-
-
85 271
Employee
91 421
-
207 279
-
income
16 480
-
61 111
-
health
1 506
-
2 741
-
pensions
8 820
-
11 865
-
total
26 806
-
75 717
-
Employer
91 421
-
207 279
-
health
1 736
-
3 938
-
pensions
10 794
-
26 782
-
total
12 530
-
30 720
-
Corporate
134 049
238 000
-
-
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.

25 469
45 219
-
-
total
25 469
45 219
-
-
Dividends
108 580
192 781
-
-
withholding
16 936
44 301
-
-
total
16 936
44 301
-
-
Income
238 000
238 000
238 000
238 000
Total tax
81 741
89 520
106 437
85 271
After tax
156 259
148 480
131 563
152 729
Living cost
64 615
64 615
64 615
64 615
Free-cash
91 644
83 865
66 948
88 114

Estimated living cost  is ₽64615 per week

₽48417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽190792
₽190880
₽180721
₽186413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
health
-
-
-
3 863
income
-
-
-
35 700
pensions

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

-
-
-
4 972
unemployment
-
-
-
134
total
-
-
-
44 669
Employee
16 697
-
231 409
-
income
1 669
-
23 141
-
accident

We are using the highest rate at 1.1%.

184
-
370
-
pensions

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

1 466
-
2 950
-
health
768
-
1 545
-
total
4 087
-
28 006
-
Employer
16 697
-
231 409
-
unemployment
100
-
202
-
health
1 152
-
2 318
-
accident

We are using the highest rate at 1.1%.

184
-
370
-
pensions

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

1 840
-
3 702
-
total
3 276
-
6 592
-
Corporate
218 027
238 000
-
-
income
21 803
23 800
-
-
total
21 803
23 800
-
-
Dividends
196 224
214 200
-
-
withholding
9 811
10 710
-
-
total
9 811
10 710
-
-
Income
238 000
238 000
238 000
238 000
Total tax
38 977
34 510
34 598
44 669
After tax
199 023
203 490
203 402
193 331
Living cost
12 610
12 610
12 610
12 610
Free-cash
186 413
190 880
190 792
180 721

Estimated living cost  is ₽12610 per week

₽7362
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98239
₽64888
₽72818
₽67331
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
health
-
-
-
11 995
income
-
-
-
87 851
pensions
-
-
-
11 397
total
-
-
-
111 243
Employee
90 184
83 067
219 923
-
income

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

13 597
13 597
44 353
-
pensions
11 397
11 397
11 397
-
health
11 251
10 845
11 995
-
total
36 245
35 839
67 745
-
Employer
90 184
83 067
219 923
-
unemployment
3 247
2 990
3 716
-
health
6 267
5 774
7 175
-
pensions
6 276
5 781
7 186
-
total
15 790
14 545
18 077
-
Corporate
132 026
140 387
-
-
income
26 406
28 077
-
-
total
26 406
28 077
-
-
Dividends
105 620
112 310
-
-
income
22 445
23 866
-
-
withholding
15 844
16 846
-
-
total
38 289
40 712
-
-
Income
238 000
238 000
238 000
238 000
Total tax
116 730
119 173
85 822
111 243
After tax
121 270
118 827
152 178
126 757
Living cost
53 939
53 939
53 939
53 939
Free-cash
67 331
64 888
98 239
72 818

Estimated living cost  is ₽53939 per week

₽39789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107263
₽139841
₽117881
₽131272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
social contributions
-
-
-
34 566
health
-
-
-
32 130
income
-
-
-
25 696
solidarity contribution
-
-
-
3 705
total
-
-
-
96 097
Employee
35 326
-
191 198
-
social contributions
2 296
-
7 695
-
solidarity contribution
-
-
2 752
-
income
4 239
-
23 654
-
health
4 769
-
25 812
-
total
11 304
-
59 913
-
Employer
35 326
-
191 198
-
health
3 179
-
17 208
-
social contributions
8 831
-
29 594
-
total
12 010
-
46 802
-
Corporate
190 663
238 000
-
-
income
36 226
45 220
-
-
total
36 226
45 220
-
-
Dividends
154 437
192 780
-
-
withholding
23 166
28 917
-
-
total
23 166
28 917
-
-
Income
238 000
238 000
238 000
238 000
Total tax
82 706
74 137
106 715
96 097
After tax
155 294
163 863
131 285
141 903
Living cost
24 022
24 022
24 022
24 022
Free-cash
131 272
139 841
107 263
117 881

Estimated living cost  is ₽24022 per week

₽16686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66608
₽85936
₽74855
₽80857
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
social contributions
-
-
-
48 685
national
-
-
-
68 798
regional
-
-
-
3 102
municipal
-
-
-
1 514
total
-
-
-
122 099
Employee
86 450
-
238 000
-
social contributions
29 151
-
63 827
-
municipal
458
-
1 394
-
national
14 980
-
62 287
-
regional
816
-
2 838
-
total
45 405
-
130 346
-
Employer
86 450
-
238 000
-
total
-
-
-
-
Corporate
151 550
238 000
-
-
nationa
36 372
57 121
-
-
municipal
5 911
9 281
-
-
total
42 283
66 402
-
-
Dividends
109 267
171 598
-
-
withholding
28 409
44 616
-
-
total
28 409
44 616
-
-
Income
238 000
238 000
238 000
238 000
Total tax
116 097
111 018
130 346
122 099
After tax
121 903
126 982
107 654
115 901
Living cost
41 046
41 046
41 046
41 046
Free-cash
80 857
85 936
66 608
74 855

Estimated living cost  is ₽41046 per week

₽28612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84333
₽128237
₽90278
₽125210
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
-
health
-
-
-
9 217
income
-
-
-
77 509
pensions
-
-
-
25 965
surtax
-
-
-
13 344
unemployment
-
-
-
222
total
-
-
-
126 257
Employee
32 168
-
210 673
-
surtax
105
-
12 179
-
income
5 392
-
71 690
-
other
-
-
-
-
pensions
2 145
-
8 659
-
health
821
-
3 310
-
unemployment
2 239
-
9 036
-
total
10 702
-
104 874
-
Employer
32 168
-
210 673
-
other
-
-
-
-
unemployment
1 019
-
4 115
-
health
1 464
-
5 907
-
pensions
4 288
-
17 306
-
total
6 771
-
27 328
-
Corporate
199 062
238 000
-
-
income
51 756
61 879
-
-
total
51 756
61 879
-
-
Dividends
147 305
176 121
-
-
withholding
22 096
26 419
-
-
total
22 096
26 419
-
-
Income
238 000
238 000
238 000
238 000
Total tax
91 325
88 298
132 202
126 257
After tax
146 675
149 702
105 798
111 743
Living cost
21 465
21 465
21 465
21 465
Free-cash
125 210
128 237
84 333
90 278

Estimated living cost  is ₽21465 per week

₽13125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87420
₽104337
₽108586
₽110719
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
75 223
pensions
-
-
-
10 048
total
-
-
-
85 271
Employee
61 268
-
207 279
-
income
11 035
-
61 111
-
health
889
-
2 741
-
pensions
5 200
-
11 865
-
total
17 124
-
75 717
-
Employer
61 268
-
207 279
-
health
1 164
-
3 938
-
pensions
6 632
-
26 782
-
total
7 796
-
30 720
-
Corporate
168 936
238 000
-
-
income

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

32 097
45 219
-
-
total
32 097
45 219
-
-
Dividends
136 839
192 781
-
-
withholding
26 121
44 301
-
-
total
26 121
44 301
-
-
Income
238 000
238 000
238 000
238 000
Total tax
83 138
89 520
106 437
85 271
After tax
154 862
148 480
131 563
152 729
Living cost
44 143
44 143
44 143
44 143
Free-cash
110 719
104 337
87 420
108 586

Estimated living cost  is ₽44143 per week

₽33072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽101235
₽30049
₽109616
₽63757
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other

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

-
-
-
4 759
health
-
-
-
536
pensions
-
-
-
21 898
city
-
-
-
2 509
national
-
-
-
6 399
regional
-
-
-
13 500
total
-
-
-
49 601
Employee
92 196
-
214 376
-
national
436
-
5 333
-
city
989
-
2 321
-
pensions
7 746
-
16 497
-
health
208
-
482
-
regional
3 019
-
12 082
-
unemployment
-
-
-
-
total
12 398
-
36 715
-
Employer
92 196
-
214 376
-
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.

1 843
-
4 288
-
unemployment
-
-
-
-
health
208
-
482
-
pensions
7 746
-
16 497
-
total
9 797
-
21 267
-
Corporate
134 993
238 000
-
-
regional
28 551
50 337
-
-
national
11 475
20 230
-
-
total
40 026
70 567
-
-
Dividends
94 967
167 433
-
-
withholding
33 239
58 601
-
-
total
33 239
58 601
-
-
Income
238 000
238 000
238 000
238 000
Total tax
95 460
129 168
57 982
49 601
After tax
142 540
108 832
180 018
188 399
Living cost
78 783
78 783
78 783
78 783
Free-cash
63 757
30 049
101 235
109 616

Estimated living cost  is ₽78783 per week

₽51231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽967
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽101381
₽72919
₽68320
₽88697
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 000
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.

-
-
-
6 645
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.

-
-
-
80 961
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.

-
-
-
4 452
trade
-
-
-
33 061
total
-
-
-
125 119
Employee

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

58 459
-
238 000
-
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.

378
-
4 452
-
income

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

6 874
-
80 961
-
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.

6 645
-
6 645
-
total
13 897
-
92 058
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
179 541
238 000
-
-
chamber of commerce
401
482
-
-
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.

1 480
1 964
-
-
trade
30 792
40 817
-
-
income
26 930
35 700
-
-
total
59 603
78 963
-
-
Dividends
119 938
159 037
-
-
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.

1 628
2 167
-
-
withholding
29 614
39 390
-
-
total
31 242
41 557
-
-
Income
238 000
238 000
238 000
238 000
Total tax
104 742
120 520
92 058
125 119
After tax
133 258
117 480
145 942
112 881
Living cost
44 561
44 561
44 561
44 561
Free-cash
88 697
72 919
101 381
68 320

Estimated living cost  is ₽44561 per week

₽32546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
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.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87105
₽86675
₽95298
₽92416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
7 378
social contributions
-
-
-
6 780
health
-
-
-
12 144
income
-
-
-
47 035
pensions
-
-
-
36 085
surtax
-
-
-
-
total
-
-
-
109 422
Employee
41 631
-
180 700
-
surtax
-
-
-
-
social contributions
1 187
-
5 148
-
income
2 457
-
41 149
-
pensions
4 707
-
14 018
-
total
8 351
-
60 315
-
Employer
41 631
-
180 700
-
other
1 436
-
7 667
-
unemployment
1 685
-
7 319
-
health
2 915
-
18 436
-
pensions
6 839
-
23 335
-
social contributions
126
-
543
-
total
13 001
-
57 300
-
Corporate
183 368
238 000
-
-
surtax
-
-
-
-
income
51 343
66 640
-
-
total
51 343
66 640
-
-
Dividends
132 025
171 360
-
-
social contributions
22 709
29 472
-
-
surtax
-
-
-
-
withholding
16 900
21 933
-
-
total
39 609
51 405
-
-
Income
238 000
238 000
238 000
238 000
Total tax
112 304
118 045
117 615
109 422
After tax
125 696
119 955
120 385
128 578
Living cost
33 280
33 280
33 280
33 280
Free-cash
92 416
86 675
87 105
95 298

Estimated living cost  is ₽33280 per week

₽20985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90402
₽89972
₽98595
₽95373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
7 378
social contributions
-
-
-
6 780
health
-
-
-
12 144
income
-
-
-
47 035
pensions
-
-
-
36 085
surtax
-
-
-
-
total
-
-
-
109 422
Employee
37 162
-
180 700
-
surtax
-
-
-
-
social contributions
1 060
-
5 148
-
income
1 916
-
41 149
-
pensions
4 203
-
14 018
-
total
7 179
-
60 315
-
Employer
37 162
-
180 700
-
other
1 283
-
7 667
-
unemployment
1 504
-
7 319
-
health
2 601
-
18 436
-
pensions
6 106
-
23 335
-
social contributions
111
-
543
-
total
11 605
-
57 300
-
Corporate
189 233
238 000
-
-
surtax
-
-
-
-
income
52 986
66 640
-
-
total
52 986
66 640
-
-
Dividends
136 247
171 360
-
-
social contributions
23 434
29 472
-
-
surtax
-
-
-
-
withholding
17 440
21 933
-
-
total
40 874
51 405
-
-
Income
238 000
238 000
238 000
238 000
Total tax
112 644
118 045
117 615
109 422
After tax
125 356
119 955
120 385
128 578
Living cost
29 983
29 983
29 983
29 983
Free-cash
95 373
89 972
90 402
98 595

Estimated living cost  is ₽29983 per week

₽17389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
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.
₽8980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125350
₽124575
₽132217
₽125079
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
social contributions
-
-
-
32 845
health
-
-
-
16 612
income
-
-
-
35 700
total
-
-
-
85 157
Employee
32 981
-
238 000
-
social contributions
4 552
-
32 845
-
income
5 501
-
42 567
-
health
2 302
-
16 612
-
total
12 355
-
92 024
-
Employer
32 981
-
238 000
-
total
-
-
-
-
Corporate
205 019
238 000
-
-
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%.

10 250
11 901
-
-
total
10 250
11 901
-
-
Dividends
194 768
226 099
-
-
social contributions
26 879
31 202
-
-
withholding
29 216
33 915
-
-
health
13 595
15 781
-
-
total
69 690
80 898
-
-
Income
238 000
238 000
238 000
238 000
Total tax
92 295
92 799
92 024
85 157
After tax
145 705
145 201
145 976
152 843
Living cost
20 626
20 626
20 626
20 626
Free-cash
125 079
124 575
125 350
132 217

Estimated living cost  is ₽20626 per week

₽13804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1272
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27675
₽96772
₽87337
₽95271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
health
-
-
-
8 692
income
-
-
-
79 562
chamber of commerce
-
-
-
953
pensions
-
-
-
21 023
surtax
-
-
-
192
unemployment
-
-
-
5 966
total
-
-
-
116 388
Employee
48 613
38 765
198 881
-
income
5 534
2 859
67 554
-
other
485
388
1 137
-
pensions
4 978
3 969
11 637
-
health
1 881
1 501
4 397
-
unemployment
1 458
1 163
3 409
-
total
14 336
9 880
88 134
-
Employer
48 613
38 765
198 881
-
other
2 309
1 840
8 722
-
unemployment
1 458
1 163
3 409
-
health
1 837
1 466
4 295
-
surtax
192
192
192
-
accident
631
504
1 477
-
pensions
6 101
4 866
14 262
-
payroll
1 458
1 163
5 966
-
chamber of commerce
194
155
796
-
total
14 180
11 349
39 119
-
Corporate
175 207
187 887
195 189
-
income

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

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

43 802
46 972
48 797
-
total
43 802
46 972
48 797
-
Dividends
131 405
140 915
-
-
withholding
36 136
38 752
-
-
total
36 136
38 752
-
-
Income
238 000
238 000
238 000
238 000
Total tax
108 454
106 953
176 050
116 388
After tax
129 546
131 047
61 950
121 612
Living cost
34 275
34 275
34 275
34 275
Free-cash
95 271
96 772
27 675
87 337

Estimated living cost  is ₽34275 per week

₽22860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44603
₽94070
₽68145
₽82912
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
social contributions
-
-
-
24 252
communal

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

-
-
-
12 826
national
-
-
-
97 310
total
-
-
-
134 388
Employee

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

69 580
-
184 337
-
national
21 392
-
70 559
-
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.

5 218
-
13 826
-
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.

3 269
-
8 663
-
communal

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

3 629
-
9 615
-
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.

605
-
1 604
-
total
34 113
-
104 267
-
Employer

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

69 580
-
184 337
-
unemployment

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

1 015
-
2 691
-
health

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

4 279
-
11 338
-
surtax
7 890
-
20 903
-
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.

905
-
2 398
-
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.

6 165
-
16 333
-
total
20 254
-
53 663
-
Corporate
148 167
238 000
-
-
surtax
593
1 048
-
-
income
29 633
52 406
-
-
total
30 226
53 454
-
-
Dividends
117 941
184 545
-
-
withholding

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

35 028
55 009
-
-
total
35 028
55 009
-
-
Income
238 000
238 000
238 000
238 000
Total tax
119 621
108 463
157 930
134 388
After tax
118 379
129 537
80 070
103 612
Living cost
35 467
35 467
35 467
35 467
Free-cash
82 912
94 070
44 603
68 145

Estimated living cost  is ₽35467 per week

₽22845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3101
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.
₽8966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93609
₽122710
₽97690
₽116045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
90
accident
-
-
-
812
income
-
-
-
78 134
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
105 181
Employee
48 420
-
209 257
-
income
10 216
-
74 794
-
other
48
-
90
-
pensions
2 276
-
4 238
-
unemployment
751
-
1 397
-
total
13 291
-
80 519
-
Employer
48 420
-
209 257
-
other
386
-
722
-
unemployment
2 664
-
4 958
-
accident
958
-
1 785
-
pensions
11 426
-
21 278
-
total
15 434
-
28 743
-
Corporate
174 146
238 000
-
-
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.

26 122
35 700
-
-
total
26 122
35 700
-
-
Dividends
148 024
202 300
-
-
withholding
31 979
44 461
-
-
total
31 979
44 461
-
-
Income
238 000
238 000
238 000
238 000
Total tax
86 826
80 161
109 262
105 181
After tax
151 174
157 839
128 738
132 819
Living cost
35 129
35 129
35 129
35 129
Free-cash
116 045
122 710
93 609
97 690

Estimated living cost  is ₽35129 per week

₽25869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66817
₽80239
₽58207
₽66860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
health
-
-
-
16 229
accident
-
-
-
1 947
income
-
-
-
47 176
pensions
-
-
-
34 626
communal
-
-
-
15 043
surtax
-
-
-
11 910
total
-
-
-
126 931
Employee
73 664
-
212 593
-
surtax
4 515
-
13 029
-
income
7 115
-
53 419
-
pensions
5 892
-
17 007
-
health
3 278
-
9 460
-
total
20 800
-
92 915
-
Employer
73 664
-
212 593
-
health
2 247
-
6 485
-
accident
663
-
1 914
-
pensions
5 892
-
17 007
-
total
8 802
-
25 406
-
Corporate
155 535
238 000
-
-
surtax
1 634
2 499
-
-
income
23 331
35 700
-
-
communal
10 498
16 065
-
-
total
35 463
54 264
-
-
Dividends
120 073
183 735
-
-
income
35 202
23 075
-
-
withholding
18 011
27 560
-
-
total
53 213
50 635
-
-
Income
238 000
238 000
238 000
238 000
Total tax
118 278
104 899
118 321
126 931
After tax
119 722
133 101
119 679
111 069
Living cost
52 862
52 862
52 862
52 862
Free-cash
66 860
80 239
66 817
58 207

Estimated living cost  is ₽52862 per week

₽39654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3203
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.
₽9444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83949
₽127853
₽89894
₽124759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
-
health
-
-
-
9 217
income
-
-
-
77 509
pensions
-
-
-
25 965
surtax
-
-
-
13 344
unemployment
-
-
-
222
total
-
-
-
126 257
Employee
32 758
-
210 673
-
surtax
116
-
12 179
-
income
5 492
-
71 690
-
other
-
-
-
-
pensions
2 186
-
8 659
-
health
836
-
3 310
-
unemployment
2 280
-
9 036
-
total
10 910
-
104 874
-
Employer
32 758
-
210 673
-
other
-
-
-
-
unemployment
1 039
-
4 115
-
health
1 490
-
5 907
-
pensions
4 367
-
17 306
-
total
6 896
-
27 328
-
Corporate
198 346
238 000
-
-
income
51 570
61 879
-
-
total
51 570
61 879
-
-
Dividends
146 776
176 121
-
-
withholding
22 016
26 419
-
-
total
22 016
26 419
-
-
Income
238 000
238 000
238 000
238 000
Total tax
91 392
88 298
132 202
126 257
After tax
146 608
149 702
105 798
111 743
Living cost
21 849
21 849
21 849
21 849
Free-cash
124 759
127 853
83 949
89 894

Estimated living cost  is ₽21849 per week

₽13191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
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.
₽6252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80753
₽98893
₽88958
₽96736
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
social contributions
-
-
-
48 685
national
-
-
-
68 798
regional
-
-
-
3 842
municipal
-
-
-
1 514
total
-
-
-
122 839
Employee
53 959
-
238 000
-
social contributions
18 195
-
63 827
-
municipal
286
-
1 394
-
national
8 549
-
62 287
-
regional
726
-
3 536
-
total
27 756
-
131 044
-
Employer
53 959
-
238 000
-
total
-
-
-
-
Corporate
184 041
238 000
-
-
nationa
44 169
57 121
-
-
municipal
9 147
11 829
-
-
total
53 316
68 950
-
-
Dividends
130 725
169 051
-
-
withholding
33 989
43 954
-
-
total
33 989
43 954
-
-
Income
238 000
238 000
238 000
238 000
Total tax
115 061
112 904
131 044
122 839
After tax
122 939
125 096
106 956
115 161
Living cost
26 203
26 203
26 203
26 203
Free-cash
96 736
98 893
80 753
88 958

Estimated living cost  is ₽26203 per week

₽16296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101684
₽134262
₽112302
₽123701
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
social contributions
-
-
-
34 566
health
-
-
-
32 130
income
-
-
-
25 696
solidarity contribution
-
-
-
3 705
total
-
-
-
96 097
Employee
43 531
-
191 198
-
social contributions
2 829
-
7 695
-
solidarity contribution
-
-
2 752
-
income
5 224
-
23 654
-
health
5 877
-
25 812
-
total
13 930
-
59 913
-
Employer
43 531
-
191 198
-
health
3 918
-
17 208
-
social contributions
10 883
-
29 594
-
total
14 801
-
46 802
-
Corporate
179 669
238 000
-
-
income
34 137
45 220
-
-
total
34 137
45 220
-
-
Dividends
145 532
192 780
-
-
withholding
21 830
28 917
-
-
total
21 830
28 917
-
-
Income
238 000
238 000
238 000
238 000
Total tax
84 698
74 137
106 715
96 097
After tax
153 302
163 863
131 285
141 903
Living cost
29 601
29 601
29 601
29 601
Free-cash
123 701
134 262
101 684
112 302

Estimated living cost  is ₽29601 per week

₽22013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30963
₽100120
₽90771
₽99635
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
health
-
-
-
8 692
income
-
-
-
79 562
chamber of commerce
-
-
-
953
pensions
-
-
-
21 023
surtax
-
-
-
-
unemployment
-
-
-
5 966
total
-
-
-
116 196
Employee
42 521
38 765
199 060
-
income
3 788
2 859
67 642
-
other
425
388
1 137
-
pensions
4 355
3 969
11 637
-
health
1 645
1 501
4 397
-
unemployment
1 276
1 163
3 409
-
total
11 489
9 880
88 222
-
Employer
42 521
38 765
199 060
-
other
2 019
1 840
8 729
-
unemployment
1 276
1 163
3 409
-
health
1 608
1 466
4 295
-
surtax
-
-
-
-
accident
552
504
1 477
-
pensions
5 337
4 866
14 262
-
payroll
1 276
1 163
5 972
-
chamber of commerce
170
155
796
-
total
12 238
11 157
38 940
-
Corporate
183 243
188 079
195 368
-
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.

45 811
47 020
48 842
-
total
45 811
47 020
48 842
-
Dividends
137 432
141 059
-
-
withholding
37 794
38 790
-
-
total
37 794
38 790
-
-
Income
238 000
238 000
238 000
238 000
Total tax
107 332
106 847
176 004
116 196
After tax
130 668
131 153
61 996
121 804
Living cost
31 033
31 033
31 033
31 033
Free-cash
99 635
100 120
30 963
90 771

Estimated living cost  is ₽31033 per week

₽18616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3169
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177943
₽213643
₽223163
₽211308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
238 000
microenterprise

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

-
-
-
2 380
total
-
-
-
2 380
Employee
15 571
-
238 000
-
income
3 114
-
47 600
-
total
3 114
-
47 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

222 429
238 000
-
-
total
-
-
-
-
Dividends
222 429
238 000
-
-
withholding
11 121
11 900
-
-
total
11 121
11 900
-
-
Income
238 000
238 000
238 000
238 000
Total tax
14 235
11 900
47 600
2 380
After tax
223 765
226 100
190 400
235 620
Living cost
12 457
12 457
12 457
12 457
Free-cash
211 308
213 643
177 943
223 163

Estimated living cost  is ₽12457 per week

₽8429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽418
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77213
₽137772
₽82384
₽129636
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 000
health
-
-
-
23 419
income
-
-
-
62 286
pensions
-
-
-
43 464
unemployment
-
-
-
356
total
-
-
-
129 525
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.

43 014
-
205 936
-
income
7 418
-
57 120
-
pensions
6 668
-
31 920
-
health
2 778
-
13 304
-
unemployment
61
-
288
-
total
16 925
-
102 632
-
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.

43 014
-
205 936
-
unemployment
26
-
124
-
health
2 865
-
13 715
-
pensions
3 806
-
18 225
-
total
6 697
-
32 064
-
Corporate
188 289
238 000
-
-
income
35 774
45 220
-
-
total
35 774
45 220
-
-
Dividends
152 515
192 780
-
-
withholding
22 877
28 917
-
-
total
22 877
28 917
-
-
Income
238 000
238 000
238 000
238 000
Total tax
82 273
74 137
134 696
129 525
After tax
155 727
163 863
103 304
108 475
Living cost
26 091
26 091
26 091
26 091
Free-cash
129 636
137 772
77 213
82 384

Estimated living cost  is ₽26091 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6009
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽179836
₽100225
₽119903
₽51087
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
social contributions
-
-
-
27 132
income
-
-
-
46 391
total
-
-
-
73 523
Employee
63 913
-
-
-
social contributions
5 241
-
747
-
income
14 098
-
-
-
total
19 339
-
747
-
Employer
63 913
-
-
-
social contributions
90 118
-
12 843
-
total
90 118
-
12 843
-
Corporate
83 969
238 000
-
-
income
18 473
52 360
-
-
total
18 473
52 360
-
-
Dividends
65 496
185 640
-
-
income
14 409
40 841
-
-
total
14 409
40 841
-
-
Income
238 000
238 000
238 000
238 000
Total tax
142 339
93 201
13 590
73 523
After tax
95 661
144 799
224 410
164 477
Living cost
44 574
44 574
44 574
44 574
Free-cash
51 087
100 225
179 836
119 903

Estimated living cost  is ₽44574 per week

₽28922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73372
₽104863
₽92671
₽103884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 000
social contributions

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

-
-
-
82 705
income
-
-
-
32 113
surtax
-
-
-
-
total
-
-
-
114 818
Employee
44 738
-
192 322
-
surtax
-
-
587
-
social contributions
4 921
-
21 156
-
income
9 306
-
66 698
-
total
14 227
-
88 441
-
Employer
44 738
-
192 322
-
social contributions
10 625
-
45 676
-
total
10 625
-
45 676
-
Corporate
182 637
238 000
-
-
surtax
-
-
-
-
income
38 353
49 980
-
-
total
38 353
49 980
-
-
Dividends
144 284
188 020
-
-
withholding
40 400
52 646
-
-
total
40 400
52 646
-
-
Income
238 000
238 000
238 000
238 000
Total tax
103 605
102 626
134 117
114 818
After tax
134 395
135 374
103 883
123 182
Living cost
30 511
30 511
30 511
30 511
Free-cash
103 884
104 863
73 372
92 671

Estimated living cost  is ₽30511 per week

₽22829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73404
₽72974
₽81597
₽79658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
7 378
social contributions
-
-
-
6 780
health
-
-
-
12 144
income
-
-
-
47 035
pensions
-
-
-
36 085
surtax
-
-
-
-
total
-
-
-
109 422
Employee
60 924
-
180 700
-
surtax
-
-
-
-
social contributions
1 735
-
5 148
-
income
5 316
-
41 149
-
pensions
6 891
-
14 018
-
total
13 942
-
60 315
-
Employer
60 924
-
180 700
-
other
2 103
-
7 667
-
unemployment
2 468
-
7 319
-
health
4 264
-
18 436
-
pensions
10 010
-
23 335
-
social contributions
183
-
543
-
total
19 028
-
57 300
-
Corporate
158 048
238 000
-
-
surtax
-
-
-
-
income
44 254
66 640
-
-
total
44 254
66 640
-
-
Dividends
113 794
171 360
-
-
social contributions
19 571
29 472
-
-
surtax
-
-
-
-
withholding
14 566
21 933
-
-
total
34 137
51 405
-
-
Income
238 000
238 000
238 000
238 000
Total tax
111 361
118 045
117 615
109 422
After tax
126 639
119 955
120 385
128 578
Living cost
46 981
46 981
46 981
46 981
Free-cash
79 658
72 974
73 404
81 597

Estimated living cost  is ₽46981 per week

₽31796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150069
₽184960
₽143742
₽181692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
12 658
social contributions
-
-
-
52 360
total
-
-
-
65 018
Employee
31 272
-
206 060
-
income
-
-
13 359
-
social contributions
2 032
-
13 394
-
total
2 032
-
26 753
-
Employer
31 272
-
206 060
-
social contributions
4 847
-
31 938
-
total
4 847
-
31 938
-
Corporate
201 880
238 000
-
-
income
20 189
23 800
-
-
total
20 189
23 800
-
-
Dividends
181 691
214 200
-
-
total
-
-
-
-
Income
238 000
238 000
238 000
238 000
Total tax
27 068
23 800
58 691
65 018
After tax
210 932
214 200
179 309
172 982
Living cost
29 240
29 240
29 240
29 240
Free-cash
181 692
184 960
150 069
143 742

Estimated living cost  is ₽29240 per week

₽18906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2204
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26417
₽26417
₽89730
₽13951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
labour market
-
-
-
18 973
pensions
-
-
-
842
national
-
-
-
30 122
municipal
-
-
-
51 564
total
-
-
-
101 501
Employee
197 399
197 399
197 399
-
labour market
15 769
15 769
15 769
-
municipal
42 035
42 035
42 035
-
national
24 116
24 116
24 116
-
pensions
281
281
281
-
total
82 201
82 201
82 201
-
Employer
197 399
197 399
197 399
-
national
24 158
24 158
24 158
-
labour market
15 792
15 792
15 792
-
pensions
561
561
561
-
municipal
42 102
42 102
42 102
-
total
82 613
82 613
82 613
-
Corporate
26 417
-
-
-
income
5 812
-
-
-
total
5 812
-
-
-
Dividends
20 605
-
-
-
withholding
6 654
-
-
-
total
6 654
-
-
-
Income
238 000
238 000
238 000
238 000
Total tax
177 280
164 814
164 814
101 501
After tax
60 720
73 186
73 186
136 499
Living cost
46 769
46 769
46 769
46 769
Free-cash
13 951
26 417
26 417
89 730

Estimated living cost  is ₽46769 per week

₽32009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽719
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110339
-₽1958
₽141226
₽16020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
68 715
pensions
-
-
-
4 076
total
-
-
-
75 538
Employee
33 406
-
218 216
-
income
4 583
-
54 180
-
pensions
3 762
-
7 475
-
health
3 825
-
24 986
-
total
12 170
-
86 641
-
Employer
33 406
-
218 216
-
unemployment
819
-
5 346
-
accident
558
-
3 644
-
pensions
5 432
-
10 794
-
total
6 809
-
19 784
-
Corporate
197 786
238 000
-
-
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.

178 007
214 200
-
-
total
178 007
214 200
-
-
Dividends
19 779
23 800
-
-
withholding
3 758
4 522
-
-
total
3 758
4 522
-
-
Income
238 000
238 000
238 000
238 000
Total tax
200 744
218 722
106 425
75 538
After tax
37 256
19 278
131 575
162 462
Living cost
21 236
21 236
21 236
21 236
Free-cash
16 020
-1 958
110 339
141 226

Estimated living cost  is ₽21236 per week

₽15458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4169
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79216
₽107415
₽106476
₽110654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
238 000
health
-
-
-
3 260
national
-
-
-
48 665
municipal
-
-
-
42 253
total
-
-
-
94 178
Employee
51 177
-
200 219
-
municipal
8 382
-
32 584
-
national
845
-
31 880
-
pensions
3 454
-
13 514
-
health
382
-
2 677
-
unemployment
768
-
3 003
-
total
13 831
-
83 658
-
Employer
51 177
-
200 219
-
unemployment
332
-
1 301
-
health
393
-
1 541
-
accident
52
-
199
-
pensions
8 879
-
34 739
-
total
9 656
-
37 780
-
Corporate
177 167
238 000
-
-
income
35 433
47 599
-
-
total
35 433
47 599
-
-
Dividends

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

106 301
142 801
-
-
national
11 945
19 935
-
-
municipal
19 135
25 705
-
-
total
31 080
45 640
-
-
Income
238 000
238 000
238 000
238 000
Total tax
90 000
93 239
121 438
94 178
After tax
148 000
144 761
116 562
143 822
Living cost
37 346
37 346
37 346
37 346
Free-cash
110 654
107 415
79 216
106 476

Estimated living cost  is ₽37346 per week

₽24394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3592
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.
₽8766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134902
₽150886
₽136815
₽145592
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
social contributions
-
-
-
15 738
health
-
-
-
6 069
income
-
-
-
56 857
total
-
-
-
78 664
Employee
74 798
74 798
225 455
-
social contributions
2 828
6 208
8 373
-
income
8 144
6 924
55 827
-
health
580
1 272
3 832
-
total
11 552
14 404
68 032
-
Employer
74 798
74 798
225 455
-
health
629
1 384
4 172
-
social contributions
2 828
6 208
8 373
-
total
3 457
7 592
12 545
-
Corporate
200 469
155 610
-
-
income
25 059
19 451
-
-
total
25 059
19 451
-
-
Dividends
175 411
136 159
-
-
withholding
29 819
23 146
-
-
total
29 819
23 146
-
-
Income
238 000
238 000
238 000
238 000
Total tax
69 887
64 593
80 577
78 664
After tax
168 113
173 407
157 423
159 336
Living cost
22 521
22 521
22 521
22 521
Free-cash
145 592
150 886
134 902
136 815

Estimated living cost  is ₽22521 per week

₽13497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168546
₽181643
₽188055
₽176694
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
238 000
health
-
-
-
3 520
income
-
-
-
24 765
pensions
-
-
-
6 188
unemployment
-
-
-
28
total
-
-
-
34 501
Employee

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

22 327
-
228 493
-
income
1 527
-
22 354
-
pensions
3 349
-
13 844
-
health
1 898
-
7 845
-
unemployment
111
-
461
-
total
6 885
-
44 504
-
Employer

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

22 327
-
228 493
-
unemployment
111
-
461
-
health
960
-
3 969
-
pensions
1 228
-
5 076
-
total
2 299
-
9 506
-
Corporate
213 374
238 000
-
-
income
19 203
21 420
-
-
total
19 203
21 420
-
-
Dividends
194 171
216 580
-
-
withholding
17 475
19 493
-
-
total
17 475
19 493
-
-
Income
238 000
238 000
238 000
238 000
Total tax
45 862
40 913
54 010
34 501
After tax
192 138
197 087
183 990
203 499
Living cost
15 444
15 444
15 444
15 444
Free-cash
176 694
181 643
168 546
188 055

Estimated living cost  is ₽15444 per week

₽9854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101989
₽131090
₽106070
₽126793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
90
accident
-
-
-
812
income
-
-
-
78 134
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
105 181
Employee
35 967
-
209 257
-
income
6 934
-
74 794
-
other
35
-
90
-
pensions
1 691
-
4 238
-
unemployment
557
-
1 397
-
total
9 217
-
80 519
-
Employer
35 967
-
209 257
-
other
288
-
722
-
unemployment
1 979
-
4 958
-
accident
713
-
1 785
-
pensions
8 488
-
21 278
-
total
11 468
-
28 743
-
Corporate
190 566
238 000
-
-
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.

28 584
35 700
-
-
total
28 584
35 700
-
-
Dividends
161 981
202 300
-
-
withholding
35 189
44 461
-
-
total
35 189
44 461
-
-
Income
238 000
238 000
238 000
238 000
Total tax
84 458
80 161
109 262
105 181
After tax
153 542
157 839
128 738
132 819
Living cost
26 749
26 749
26 749
26 749
Free-cash
126 793
131 090
101 989
106 070

Estimated living cost  is ₽26749 per week

₽18055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151708
₽146708
₽151837
₽146413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
health
-
-
-
954
income
-
-
-
82 089
pensions
-
-
-
1 316
total
-
-
-
84 359
Employee
2 748
-
236 520
-
income
532
-
82 020
-
pensions
247
-
592
-
health
137
-
329
-
unemployment
27
-
66
-
total
943
-
83 007
-
Employer
2 748
-
236 520
-
unemployment
55
-
132
-
health
261
-
625
-
pensions
302
-
724
-
total
618
-
1 481
-
Corporate
234 634
238 000
-
-
income
51 619
52 360
-
-
total
51 619
52 360
-
-
Dividends
183 015
185 640
-
-
withholding
36 603
37 128
-
-
total
36 603
37 128
-
-
Income
238 000
238 000
238 000
238 000
Total tax
89 783
89 488
84 488
84 359
After tax
148 217
148 512
153 512
153 641
Living cost
1 804
1 804
1 804
1 804
Free-cash
146 413
146 708
151 708
151 837

Estimated living cost  is ₽1804 per week

₽1072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138741
₽155206
₽138741
₽150441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 000
health
-
-
-
7 372
income
-
-
-
55 455
pensions
-
-
-
18 609
unemployment
-
-
-
1 074
total
-
-
-
82 510
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.

25 256
-
225 188
-
income
3 481
-
55 455
-
pensions
3 536
-
10 020
-
health
1 301
-
3 686
-
unemployment
189
-
537
-
total
8 507
-
69 698
-
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.

25 256
-
225 188
-
unemployment
189
-
537
-
health
1 301
-
3 686
-
pensions
3 031
-
8 589
-
total
4 521
-
12 812
-
Corporate
208 223
238 000
-
-
income
31 234
35 700
-
-
total
31 234
35 700
-
-
Dividends
176 990
202 300
-
-
withholding
26 548
30 345
-
-
total
26 548
30 345
-
-
Income
238 000
238 000
238 000
238 000
Total tax
70 810
66 045
82 510
82 510
After tax
167 190
171 955
155 490
155 490
Living cost
16 749
16 749
16 749
16 749
Free-cash
150 441
155 206
138 741
138 741

Estimated living cost  is ₽16749 per week

₽11277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3692
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77659
₽109150
₽96958
₽108800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 000
social contributions

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

-
-
-
82 705
income
-
-
-
32 113
surtax
-
-
-
-
total
-
-
-
114 818
Employee
37 754
-
192 322
-
surtax
-
-
587
-
social contributions
4 153
-
21 156
-
income
7 377
-
66 698
-
total
11 530
-
88 441
-
Employer
37 754
-
192 322
-
social contributions
8 966
-
45 676
-
total
8 966
-
45 676
-
Corporate
191 281
238 000
-
-
surtax
-
-
-
-
income
40 169
49 980
-
-
total
40 169
49 980
-
-
Dividends
151 111
188 020
-
-
withholding
42 311
52 646
-
-
total
42 311
52 646
-
-
Income
238 000
238 000
238 000
238 000
Total tax
102 976
102 626
134 117
114 818
After tax
135 024
135 374
103 883
123 182
Living cost
26 224
26 224
26 224
26 224
Free-cash
108 800
109 150
77 659
96 958

Estimated living cost  is ₽26224 per week

₽18574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94552
₽123653
₽98633
₽117287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
90
accident
-
-
-
812
income
-
-
-
78 134
pensions
-
-
-
25 514
unemployment
-
-
-
631
total
-
-
-
105 181
Employee
46 978
-
209 257
-
income
9 812
-
74 794
-
other
46
-
90
-
pensions
2 208
-
4 238
-
unemployment
727
-
1 397
-
total
12 793
-
80 519
-
Employer
46 978
-
209 257
-
other
377
-
722
-
unemployment
2 584
-
4 958
-
accident
930
-
1 785
-
pensions
11 087
-
21 278
-
total
14 978
-
28 743
-
Corporate
176 044
238 000
-
-
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.

26 406
35 700
-
-
total
26 406
35 700
-
-
Dividends
149 638
202 300
-
-
withholding
32 350
44 461
-
-
total
32 350
44 461
-
-
Income
238 000
238 000
238 000
238 000
Total tax
86 527
80 161
109 262
105 181
After tax
151 473
157 839
128 738
132 819
Living cost
34 186
34 186
34 186
34 186
Free-cash
117 287
123 653
94 552
98 633

Estimated living cost  is ₽34186 per week

₽24551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽186858
₽186946
₽176787
₽181085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
health
-
-
-
3 863
income
-
-
-
35 700
pensions

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

-
-
-
4 972
unemployment
-
-
-
134
total
-
-
-
44 669
Employee
21 907
-
231 409
-
income
2 191
-
23 141
-
accident

We are using the highest rate at 1.1%.

241
-
370
-
pensions

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

1 923
-
2 950
-
health
1 008
-
1 545
-
total
5 363
-
28 006
-
Employer
21 907
-
231 409
-
unemployment
132
-
202
-
health
1 512
-
2 318
-
accident

We are using the highest rate at 1.1%.

241
-
370
-
pensions

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

2 414
-
3 702
-
total
4 299
-
6 592
-
Corporate
211 794
238 000
-
-
income
21 179
23 800
-
-
total
21 179
23 800
-
-
Dividends
190 615
214 200
-
-
withholding
9 530
10 710
-
-
total
9 530
10 710
-
-
Income
238 000
238 000
238 000
238 000
Total tax
40 371
34 510
34 598
44 669
After tax
197 629
203 490
203 402
193 331
Living cost
16 544
16 544
16 544
16 544
Free-cash
181 085
186 946
186 858
176 787

Estimated living cost  is ₽16544 per week

₽10942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108388
₽84822
₽80725
₽97549
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 000
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.

-
-
-
6 645
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.

-
-
-
80 961
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.

-
-
-
4 452
trade
-
-
-
27 663
total
-
-
-
119 721
Employee

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

48 399
-
238 000
-
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.

220
-
4 452
-
income

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

3 980
-
80 961
-
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.

6 645
-
6 645
-
total
10 845
-
92 058
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 601
238 000
-
-
chamber of commerce
426
497
-
-
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.

1 564
1 964
-
-
trade
27 207
34 153
-
-
income
28 440
35 700
-
-
total
57 637
72 314
-
-
Dividends
131 963
165 686
-
-
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.

1 794
2 258
-
-
withholding
32 621
41 052
-
-
total
34 415
43 310
-
-
Income
238 000
238 000
238 000
238 000
Total tax
102 897
115 624
92 058
119 721
After tax
135 103
122 376
145 942
118 279
Living cost
37 554
37 554
37 554
37 554
Free-cash
97 549
84 822
108 388
80 725

Estimated living cost  is ₽37554 per week

₽25906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7063
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62215
₽111188
₽62215
₽113336
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
79 122
social contributions
-
-
-
41 252
total
-
-
-
120 374
Employee
76 089
-
238 000
-
income
14 358
-
79 122
-
social contributions
6 321
-
41 252
-
total
20 679
-
120 374
-
Employer
76 089
-
238 000
-
total
-
-
-
-
Corporate
161 911
238 000
-
-
income
20 239
29 751
-
-
total
20 239
29 751
-
-
Dividends
141 672
208 249
-
-
withholding
28 335
41 650
-
-
total
28 335
41 650
-
-
Income
238 000
238 000
238 000
238 000
Total tax
69 253
71 401
120 374
120 374
After tax
168 747
166 599
117 626
117 626
Living cost
55 411
55 411
55 411
55 411
Free-cash
113 336
111 188
62 215
62 215

Estimated living cost  is ₽55411 per week

₽42156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4515
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.
₽8211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129845
₽114251
₽160989
₽117649
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 000
income
-
-
-
35 700
health

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

-
-
-
6 001
total
-
-
-
41 701
Employee
44 623
-
233 525
-
income
4 842
-
63 895
-
social contributions
4 471
-
4 475
-
total
9 313
-
68 370
-
Employer
44 623
-
233 525
-
social contributions
4 471
-
4 475
-
total
4 471
-
4 475
-
Corporate
188 906
238 000
-
-
income
66 118
83 300
-
-
total
66 118
83 300
-
-
Dividends
122 789
154 700
-
-
social contributions
5 139
5 139
-
-
total
5 139
5 139
-
-
Income
238 000
238 000
238 000
238 000
Total tax
85 041
88 439
72 845
41 701
After tax
152 959
149 561
165 155
196 299
Living cost
35 310
35 310
35 310
35 310
Free-cash
117 649
114 251
129 845
160 989

Estimated living cost  is ₽35310 per week

₽23259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95676
₽112593
₽116842
₽118311
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
75 223
pensions
-
-
-
10 048
total
-
-
-
85 271
Employee
49 260
-
207 279
-
income
8 971
-
61 111
-
health
643
-
2 741
-
pensions
3 760
-
11 865
-
total
13 374
-
75 717
-
Employer
49 260
-
207 279
-
health
936
-
3 938
-
pensions
4 977
-
26 782
-
total
5 913
-
30 720
-
Corporate
182 827
238 000
-
-
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.

34 738
45 219
-
-
total
34 738
45 219
-
-
Dividends
148 089
192 781
-
-
withholding
29 777
44 301
-
-
total
29 777
44 301
-
-
Income
238 000
238 000
238 000
238 000
Total tax
83 802
89 520
106 437
85 271
After tax
154 198
148 480
131 563
152 729
Living cost
35 887
35 887
35 887
35 887
Free-cash
118 311
112 593
95 676
116 842

Estimated living cost  is ₽35887 per week

₽24618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽108236
-₽4061
₽139123
₽15699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
363
health
-
-
-
2 137
accident
-
-
-
247
income
-
-
-
68 715
pensions
-
-
-
4 076
total
-
-
-
75 538
Employee
36 713
-
218 216
-
income
5 037
-
54 180
-
pensions
4 134
-
7 475
-
health
4 203
-
24 986
-
total
13 374
-
86 641
-
Employer
36 713
-
218 216
-
unemployment
899
-
5 346
-
accident
613
-
3 644
-
pensions
5 969
-
10 794
-
total
7 481
-
19 784
-
Corporate
193 806
238 000
-
-
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.

174 425
214 200
-
-
total
174 425
214 200
-
-
Dividends
19 381
23 800
-
-
withholding
3 682
4 522
-
-
total
3 682
4 522
-
-
Income
238 000
238 000
238 000
238 000
Total tax
198 962
218 722
106 425
75 538
After tax
39 038
19 278
131 575
162 462
Living cost
23 339
23 339
23 339
23 339
Free-cash
15 699
-4 061
108 236
139 123

Estimated living cost  is ₽23339 per week

₽17128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽163310
₽168967
₽141978
₽166031
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
238 000
income
-
-
-
40 256
health insurance
-
-
-
11 480
work injury
-
-
-
776
pensions
-
-
-
28 545
unemployment
-
-
-
1 862
total
-
-
-
82 919
Employee

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

20 965
-
238 000
-
income
2 096
-
40 256
-
work injury
105
-
388
-
health insurance
1 551
-
5 740
-
pensions
3 858
-
14 272
-
unemployment
252
-
931
-
total
7 862
-
61 587
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
217 035
238 000
-
-
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%.

21 704
23 800
-
-
total
21 704
23 800
-
-
Dividends
195 332
214 200
-
-
withholding
29 300
32 130
-
-
total
29 300
32 130
-
-
Income
238 000
238 000
238 000
238 000
Total tax
58 866
55 930
61 587
82 919
After tax
179 134
182 070
176 413
155 081
Living cost
13 103
13 103
13 103
13 103
Free-cash
166 031
168 967
163 310
141 978

Estimated living cost  is ₽13103 per week

₽8118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3625
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66092
₽86610
₽74082
₽82187
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
social contributions
-
-
-
48 685
national
-
-
-
68 798
regional
-
-
-
5 980
municipal
-
-
-
1 704
total
-
-
-
125 167
Employee
81 968
-
238 000
-
social contributions
27 639
-
63 827
-
municipal
489
-
1 567
-
national
13 852
-
62 287
-
regional
1 238
-
5 476
-
total
43 218
-
133 157
-
Employer
81 968
-
238 000
-
total
-
-
-
-
Corporate
156 032
238 000
-
-
nationa
37 448
57 121
-
-
municipal
7 520
11 472
-
-
total
44 968
68 593
-
-
Dividends
111 063
169 407
-
-
withholding
28 876
44 046
-
-
total
28 876
44 046
-
-
Income
238 000
238 000
238 000
238 000
Total tax
117 062
112 639
133 157
125 167
After tax
120 938
125 361
104 843
112 833
Living cost
38 751
38 751
38 751
38 751
Free-cash
82 187
86 610
66 092
74 082

Estimated living cost  is ₽38751 per week

₽27220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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