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
₽91030
₽116788
₽86288
₽101582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
81 327
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.

-
-
-
4 473
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.

-
-
-
6 517
trade
-
-
-
30 500
total
-
-
-
122 817
Employee

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

36 487
-
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.

56
-
4 473
-
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.

1 019
-
81 327
-
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.

6 517
-
6 517
-
total
7 592
-
92 317
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
201 513
238 000
-
-
income
30 227
35 699
-
-
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.

1 662
1 964
-
-
chamber of commerce
434
487
-
-
trade
31 738
37 484
-
-
total
64 061
75 634
-
-
Dividends
137 451
162 365
-
-
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.

1 870
2 212
-
-
withholding
34 000
40 229
-
-
total
35 870
42 441
-
-
Income
238 000
238 000
238 000
238 000
Total tax
107 523
118 075
92 317
122 817
After tax
130 477
119 925
145 683
115 183
Living cost
28 895
28 895
28 895
28 895
Free-cash
101 582
91 030
116 788
86 288

Estimated living cost  is ₽28895 per week

₽18176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97416
₽84946
₽83668
₽96566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 558
municipal
-
-
-
26 501
national
-
-
-
45 616
pensions
-
-
-
28 560
total
-
-
-
103 235
Employee
79 209
-
205 749
-
municipal
9 784
-
27 422
-
pensions
3 168
-
8 230
-
national
15 161
-
47 634
-
total
28 113
-
83 286
-
Employer
79 209
-
205 749
-
pensions
6 337
-
16 460
-
social contributions
851
-
2 212
-
total
7 188
-
18 672
-
Corporate
146 375
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%.

29 275
47 600
-
-
total
29 275
47 600
-
-
Dividends
117 100
190 400
-
-
withholding
25 762
41 888
-
-
total
25 762
41 888
-
-
Income
238 000
238 000
238 000
238 000
Total tax
90 338
89 488
101 958
103 235
After tax
147 662
148 512
136 042
134 765
Living cost
51 097
51 097
51 097
51 097
Free-cash
96 566
97 416
84 946
83 668

Estimated living cost  is ₽51097 per week

₽34730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170554
₽84861
₽68295
₽162730
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
52 618
surtax
-
-
-
60 691
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.

-
-
-
36 550
microenterprise
-
-
-
-
total
-
-
-
149 859
Employee
27 875
-
189 741
-
surtax
-
-
27 513
-
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.

3 067
-
12 506
-
income
4 962
-
45 015
-
total
8 029
-
85 034
-
Employer
27 875
-
189 741
-
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.

6 714
-
27 388
-
surtax
-
-
20 871
-
total
6 714
-
48 259
-
Corporate
203 410
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%.

40 681
47 600
-
-
total
40 681
47 600
-
-
Dividends

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

162 729
190 400
-
-
total
-
-
-
-
Income
238 000
238 000
238 000
238 000
Total tax
55 424
47 600
133 293
149 859
After tax
182 576
190 400
104 707
88 141
Living cost
19 846
19 846
19 846
19 846
Free-cash
162 730
170 554
84 861
68 295

Estimated living cost  is ₽19846 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78910
₽112207
₽86564
₽73066
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88 533
health
-
-
-
11 763
pensions
-
-
-
11 177
total
-
-
-
111 473
Employee
81 464
81 464
220 272
-
pensions
14 664
11 177
11 177
-
income

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

13 334
13 334
45 161
-
health
12 504
10 636
11 763
-
total
40 502
35 147
68 101
-
Employer
81 464
81 464
220 272
-
health
5 663
5 663
7 037
-
pensions
5 670
5 670
7 048
-
unemployment
2 933
2 933
3 644
-
total
14 266
14 266
17 729
-
Corporate
143 270
142 271
-
-
income
28 654
28 455
-
-
total
28 654
28 455
-
-
Dividends
114 616
113 816
-
-
income
24 356
24 186
-
-
withholding
17 193
17 073
-
-
total
41 549
41 259
-
-
Income
238 000
238 000
238 000
238 000
Total tax
124 971
119 127
85 830
111 473
After tax
113 029
118 873
152 170
126 527
Living cost
39 963
39 963
39 963
39 963
Free-cash
73 066
78 910
112 207
86 564

Estimated living cost  is ₽39963 per week

₽28321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90985
₽78231
₽79177
₽90111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
171
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
municipal
-
-
-
63 595
national
-
-
-
31 527
pensions
-
-
-
9 231
total
-
-
-
119 860
Employee
55 518
-
211 170
-
municipal
16 556
-
62 971
-
national
-
-
31 004
-
total
16 556
-
93 975
-
Employer
55 518
-
211 170
-
health
3 414
-
5 252
-
pensions
6 001
-
9 231
-
accident
111
-
171
-
unemployment
1 466
-
2 254
-
other
6 451
-
9 923
-
total
17 443
-
26 831
-
Corporate
165 038
238 000
-
-
income
36 308
52 360
-
-
total
36 308
52 360
-
-
Dividends
128 730
185 640
-
-
withholding
38 619
55 692
-
-
total
38 619
55 692
-
-
Income
238 000
238 000
238 000
238 000
Total tax
108 926
108 052
120 806
119 860
After tax
129 074
129 948
117 194
118 140
Living cost
38 963
38 963
38 963
38 963
Free-cash
90 111
90 985
78 231
79 177

Estimated living cost  is ₽38963 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽81225
₽108208
₽76354
₽94628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
81 327
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.

-
-
-
4 473
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.

-
-
-
6 517
trade
-
-
-
31 854
total
-
-
-
124 171
Employee

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

48 377
-
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.

228
-
4 473
-
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.

4 156
-
81 327
-
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.

6 517
-
6 517
-
total
10 901
-
92 317
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 623
238 000
-
-
income
28 444
35 699
-
-
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
-
-
chamber of commerce
415
483
-
-
trade
31 194
39 152
-
-
total
61 617
77 298
-
-
Dividends
128 007
160 701
-
-
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.

1 740
2 190
-
-
withholding
31 639
39 812
-
-
total
33 379
42 002
-
-
Income
238 000
238 000
238 000
238 000
Total tax
105 897
119 300
92 317
124 171
After tax
132 103
118 700
145 683
113 829
Living cost
37 475
37 475
37 475
37 475
Free-cash
94 628
81 225
108 208
76 354

Estimated living cost  is ₽37475 per week

₽25064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3952
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.
₽7900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142454
₽126322
₽128228
₽138494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 327
social contributions
-
-
-
15 435
health
-
-
-
6 068
total
-
-
-
78 830
Employee
73 355
73 355
225 614
-
social contributions
3 565
6 088
8 212
-
income
7 703
6 790
56 301
-
health
730
1 247
3 836
-
total
11 998
14 125
68 349
-
Employer
73 355
73 355
225 614
-
health
795
1 358
4 175
-
social contributions
3 565
6 088
8 212
-
total
4 360
7 446
12 387
-
Corporate
190 702
157 199
-
-
income
23 838
19 649
-
-
total
23 838
19 649
-
-
Dividends
166 864
137 550
-
-
withholding
28 368
23 384
-
-
total
28 368
23 384
-
-
Income
238 000
238 000
238 000
238 000
Total tax
68 564
64 604
80 736
78 830
After tax
169 436
173 396
157 264
159 170
Living cost
30 942
30 942
30 942
30 942
Free-cash
138 494
142 454
126 322
128 228

Estimated living cost  is ₽30942 per week

₽21152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116043
₽120462
₽147366
₽116407
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 095
unemployment
-
-
-
3 570
health
-
-
-
16 660
pensions
-
-
-
23 800
total
-
-
-
73 125
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.

25 275
10 059
199 163
-
unemployment
379
151
2 987
-
pensions
2 528
1 006
19 916
-
income
3 090
1 230
24 348
-
health
1 769
704
13 941
-
total
7 766
3 091
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.

25 275
10 059
199 163
-
pensions
4 929
1 962
38 837
-
total
4 929
1 962
38 837
-
Corporate
207 796
225 979
-
-
income
18 702
20 338
-
-
total
18 702
20 338
-
-
Dividends
189 095
205 641
-
-
social contributions
36 759
39 985
-
-
withholding
35 928
39 072
-
-
total
72 687
79 057
-
-
Income
238 000
238 000
238 000
238 000
Total tax
104 084
104 448
100 029
73 125
After tax
133 916
133 552
137 971
164 875
Living cost
17 509
17 509
17 509
17 509
Free-cash
116 407
116 043
120 462
147 366

Estimated living cost  is ₽17509 per week

₽11949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167358
₽114137
₽104526
₽161433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 892
health
-
-
-
30 940
pensions
-
-
-
47 600
total
-
-
-
110 432
Employee
27 062
-
177 878
-
unemployment
433
-
2 846
-
pensions
541
-
3 557
-
income
3 047
-
34 295
-
total
4 021
-
40 698
-
Employer
27 062
-
177 878
-
health
3 517
-
23 125
-
pensions
5 413
-
35 575
-
unemployment
217
-
1 423
-
total
9 147
-
60 123
-
Corporate
201 790
238 000
-
-
income
40 357
47 600
-
-
total
40 357
47 600
-
-
Dividends
161 433
190 400
-
-
total
-
-
-
-
Income
238 000
238 000
238 000
238 000
Total tax
53 525
47 600
100 821
110 432
After tax
184 475
190 400
137 179
127 568
Living cost
23 042
23 042
23 042
23 042
Free-cash
161 433
167 358
114 137
104 526

Estimated living cost  is ₽23042 per week

₽15804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2003
₽110371
₽141173
₽16015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
244
income
-
-
-
68 809
other
-
-
-
358
health
-
-
-
2 110
pensions
-
-
-
4 025
total
-
-
-
75 546
Employee
33 476
-
218 347
-
pensions
3 769
-
7 380
-
income
4 593
-
54 314
-
health
3 833
-
25 001
-
total
12 195
-
86 695
-
Employer
33 476
-
218 347
-
pensions
5 443
-
10 657
-
accident
559
-
3 646
-
unemployment
820
-
5 350
-
total
6 822
-
19 653
-
Corporate
197 702
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.

177 931
214 200
-
-
total
177 931
214 200
-
-
Dividends
19 770
23 800
-
-
withholding
3 756
4 522
-
-
total
3 756
4 522
-
-
Income
238 000
238 000
238 000
238 000
Total tax
200 704
218 722
106 348
75 546
After tax
37 296
19 278
131 652
162 454
Living cost
21 281
21 281
21 281
21 281
Free-cash
16 015
-2 003
110 371
141 173

Estimated living cost  is ₽21281 per week

₽15597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1179
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽218313
₽182613
₽227833
₽216854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 733
-
238 000
-
income
1 946
-
47 600
-
total
1 946
-
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%.

228 267
238 000
-
-
total
-
-
-
-
Dividends
228 267
238 000
-
-
withholding
11 413
11 900
-
-
total
11 413
11 900
-
-
Income
238 000
238 000
238 000
238 000
Total tax
13 359
11 900
47 600
2 380
After tax
224 641
226 100
190 400
235 620
Living cost
7 787
7 787
7 787
7 787
Free-cash
216 854
218 313
182 613
227 833

Estimated living cost  is ₽7787 per week

₽4826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149441
₽119140
₽121052
₽142999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
43 440
other
-
-
-
6 890
health
-
-
-
6 383
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.

-
-
-
34 816
total
-
-
-
91 529
Employee
34 637
-
200 997
-
unemployment
346
-
1 450
-
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.

2 424
-
10 154
-
income
5 963
-
42 803
-
health
485
-
2 031
-
total
9 218
-
56 438
-
Employer
34 637
-
200 997
-
health
485
-
2 031
-
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.

5 889
-
24 662
-
accident
277
-
1 608
-
unemployment
346
-
1 450
-
other
1 732
-
7 252
-
total
8 729
-
37 003
-
Corporate
194 633
238 000
-
-
income
40 873
49 979
-
-
total
40 873
49 979
-
-
Dividends
153 760
188 021
-
-
withholding
10 762
13 161
-
-
total
10 762
13 161
-
-
Income
238 000
238 000
238 000
238 000
Total tax
69 582
63 140
93 441
91 529
After tax
168 418
174 860
144 559
146 471
Living cost
25 419
25 419
25 419
25 419
Free-cash
142 999
149 441
119 140
121 052

Estimated living cost  is ₽25419 per week

₽17960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1716
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.
₽5333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84897
₽68129
₽89272
₽92504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 627
pensions
-
-
-
9 931
total
-
-
-
85 558
Employee
89 376
-
207 245
-
pensions
8 622
-
11 691
-
income
16 111
-
61 529
-
health
1 473
-
2 725
-
total
26 206
-
75 945
-
Employer
89 376
-
207 245
-
health
1 697
-
3 938
-
pensions
10 553
-
26 818
-
total
12 250
-
30 756
-
Corporate
136 374
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.

25 911
45 221
-
-
total
25 911
45 221
-
-
Dividends
110 463
192 779
-
-
withholding
17 959
44 712
-
-
total
17 959
44 712
-
-
Income
238 000
238 000
238 000
238 000
Total tax
82 326
89 933
106 701
85 558
After tax
155 674
148 067
131 299
152 442
Living cost
63 170
63 170
63 170
63 170
Free-cash
92 504
84 897
68 129
89 272

Estimated living cost  is ₽63170 per week

₽47334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽190987
₽190992
₽180903
₽186557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 700
unemployment
-
-
-
133
health
-
-
-
3 831
pensions

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

-
-
-
4 930
total
-
-
-
44 594
Employee
16 556
-
231 465
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
pensions

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

1 454
-
2 925
-
income
1 655
-
23 147
-
health
761
-
1 532
-
total
4 052
-
27 970
-
Employer
16 556
-
231 465
-
health
1 143
-
2 298
-
pensions

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

1 825
-
3 671
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
unemployment
99
-
200
-
total
3 249
-
6 535
-
Corporate
218 196
238 000
-
-
income
21 820
23 800
-
-
total
21 820
23 800
-
-
Dividends
196 376
214 200
-
-
withholding
9 819
10 710
-
-
total
9 819
10 710
-
-
Income
238 000
238 000
238 000
238 000
Total tax
38 940
34 510
34 505
44 594
After tax
199 060
203 490
203 495
193 406
Living cost
12 503
12 503
12 503
12 503
Free-cash
186 557
190 987
190 992
180 903

Estimated living cost  is ₽12503 per week

₽7299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65975
₽99272
₽73629
₽68378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88 533
health
-
-
-
11 763
pensions
-
-
-
11 177
total
-
-
-
111 473
Employee
88 444
81 464
220 272
-
pensions
11 177
11 177
11 177
-
income

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

13 334
13 334
45 161
-
health
11 034
10 636
11 763
-
total
35 545
35 147
68 101
-
Employer
88 444
81 464
220 272
-
health
6 146
5 663
7 037
-
pensions
6 155
5 670
7 048
-
unemployment
3 184
2 933
3 644
-
total
15 485
14 266
17 729
-
Corporate
134 071
142 271
-
-
income
26 814
28 455
-
-
total
26 814
28 455
-
-
Dividends
107 256
113 816
-
-
income
22 792
24 186
-
-
withholding
16 088
17 073
-
-
total
38 880
41 259
-
-
Income
238 000
238 000
238 000
238 000
Total tax
116 724
119 127
85 830
111 473
After tax
121 276
118 873
152 170
126 527
Living cost
52 898
52 898
52 898
52 898
Free-cash
68 378
65 975
99 272
73 629

Estimated living cost  is ₽52898 per week

₽39021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140119
₽107727
₽118374
₽131648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 756
social contributions
-
-
-
34 167
solidarity contribution
-
-
-
3 829
health
-
-
-
32 130
total
-
-
-
95 882
Employee
34 918
-
191 512
-
solidarity contribution
-
-
2 873
-
social contributions
2 270
-
7 606
-
income
4 190
-
23 708
-
health
4 714
-
25 854
-
total
11 174
-
60 041
-
Employer
34 918
-
191 512
-
health
3 143
-
17 236
-
social contributions
8 729
-
29 252
-
total
11 872
-
46 488
-
Corporate
191 210
238 000
-
-
income
36 330
45 220
-
-
total
36 330
45 220
-
-
Dividends
154 880
192 780
-
-
withholding
23 232
28 917
-
-
total
23 232
28 917
-
-
Income
238 000
238 000
238 000
238 000
Total tax
82 608
74 137
106 529
95 882
After tax
155 392
163 863
131 471
142 118
Living cost
23 744
23 744
23 744
23 744
Free-cash
131 648
140 119
107 727
118 374

Estimated living cost  is ₽23744 per week

₽16493
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86729
₽67826
₽75911
₽81746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 745
regional
-
-
-
3 122
municipal
-
-
-
1 522
national
-
-
-
69 446
total
-
-
-
121 835
Employee
84 782
-
238 000
-
municipal
449
-
1 403
-
national
14 691
-
63 059
-
regional
800
-
2 863
-
social contributions
28 589
-
62 595
-
total
44 529
-
129 920
-
Employer
84 782
-
238 000
-
total
-
-
-
-
Corporate
153 218
238 000
-
-
municipal
5 976
9 281
-
-
nationa
36 773
57 121
-
-
total
42 749
66 402
-
-
Dividends
110 469
171 598
-
-
withholding
28 722
44 615
-
-
total
28 722
44 615
-
-
Income
238 000
238 000
238 000
238 000
Total tax
116 000
111 017
129 920
121 835
After tax
122 000
126 983
108 080
116 165
Living cost
40 254
40 254
40 254
40 254
Free-cash
81 746
86 729
67 826
75 911

Estimated living cost  is ₽40254 per week

₽28060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽128651
₽84816
₽90650
₽125681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
78 079
other
-
-
-
-
surtax
-
-
-
13 500
unemployment
-
-
-
217
health
-
-
-
9 039
pensions
-
-
-
25 464
total
-
-
-
126 299
Employee
31 547
-
211 200
-
other
-
-
-
-
unemployment
2 196
-
8 861
-
pensions
2 104
-
8 492
-
surtax
103
-
12 359
-
income
5 288
-
72 375
-
health
806
-
3 246
-
total
10 497
-
105 333
-
Employer
31 547
-
211 200
-
health
1 436
-
5 793
-
pensions
4 205
-
16 972
-
unemployment
999
-
4 035
-
other
-
-
-
-
total
6 640
-
26 800
-
Corporate
199 813
238 000
-
-
income
51 951
61 880
-
-
total
51 951
61 880
-
-
Dividends
147 862
176 120
-
-
withholding
22 180
26 418
-
-
total
22 180
26 418
-
-
Income
238 000
238 000
238 000
238 000
Total tax
91 268
88 298
132 133
126 299
After tax
146 732
149 702
105 867
111 701
Living cost
21 051
21 051
21 051
21 051
Free-cash
125 681
128 651
84 816
90 650

Estimated living cost  is ₽21051 per week

₽12871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1942
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.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104911
₽88143
₽109286
₽111153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 627
pensions
-
-
-
9 931
total
-
-
-
85 558
Employee
59 897
-
207 245
-
pensions
5 084
-
11 691
-
income
10 788
-
61 529
-
health
870
-
2 725
-
total
16 742
-
75 945
-
Employer
59 897
-
207 245
-
health
1 138
-
3 938
-
pensions
6 484
-
26 818
-
total
7 622
-
30 756
-
Corporate
170 481
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.

32 390
45 221
-
-
total
32 390
45 221
-
-
Dividends
138 091
192 779
-
-
withholding
26 937
44 712
-
-
total
26 937
44 712
-
-
Income
238 000
238 000
238 000
238 000
Total tax
83 691
89 933
106 701
85 558
After tax
154 309
148 067
131 299
152 442
Living cost
43 156
43 156
43 156
43 156
Free-cash
111 153
104 911
88 143
109 286

Estimated living cost  is ₽43156 per week

₽32332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽32773
₽103835
₽111682
₽65314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 761
regional
-
-
-
13 737
health
-
-
-
535
city
-
-
-
2 508
national
-
-
-
6 821
pensions
-
-
-
21 897
total
-
-
-
50 259
Employee
89 009
-
214 568
-
unemployment
-
-
-
-
pensions
7 478
-
16 298
-
national
421
-
5 620
-
regional
2 915
-
12 307
-
city
955
-
2 325
-
health
201
-
483
-
total
11 970
-
37 033
-
Employer
89 009
-
214 568
-
health
201
-
483
-
pensions
7 478
-
16 298
-
unemployment
-
-
-
-
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.

1 780
-
4 292
-
total
9 459
-
21 073
-
Corporate
138 554
238 000
-
-
regional
29 304
50 337
-
-
national
11 778
20 230
-
-
total
41 082
70 567
-
-
Dividends
97 472
167 432
-
-
withholding
34 116
58 601
-
-
total
34 116
58 601
-
-
Income
238 000
238 000
238 000
238 000
Total tax
96 627
129 168
58 106
50 259
After tax
141 373
108 832
179 894
187 741
Living cost
76 059
76 059
76 059
76 059
Free-cash
65 314
32 773
103 835
111 682

Estimated living cost  is ₽76059 per week

₽49460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽934
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽73774
₽101982
₽68772
₽89246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
81 327
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.

-
-
-
4 473
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.

-
-
-
6 517
trade
-
-
-
33 210
total
-
-
-
125 527
Employee

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

57 331
-
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.

371
-
4 473
-
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.

6 742
-
81 327
-
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.

6 517
-
6 517
-
total
13 630
-
92 317
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 669
238 000
-
-
income
27 100
35 699
-
-
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.

1 490
1 964
-
-
chamber of commerce
398
480
-
-
trade
30 985
40 817
-
-
total
59 973
78 960
-
-
Dividends
120 695
159 039
-
-
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.

1 640
2 167
-
-
withholding
29 810
39 398
-
-
total
31 450
41 565
-
-
Income
238 000
238 000
238 000
238 000
Total tax
105 053
120 525
92 317
125 527
After tax
132 947
117 475
145 683
112 473
Living cost
43 701
43 701
43 701
43 701
Free-cash
89 246
73 774
101 982
68 772

Estimated living cost  is ₽43701 per week

₽31918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3496
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.
₽7721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87314
₽87114
₽95571
₽92950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 614
other
-
-
-
7 379
surtax
-
-
-
-
social contributions
-
-
-
6 781
health
-
-
-
12 247
pensions
-
-
-
35 770
total
-
-
-
109 791
Employee
40 828
-
180 517
-
pensions
4 616
-
14 079
-
surtax
-
-
-
-
social contributions
1 164
-
5 143
-
income
2 410
-
41 542
-
total
8 190
-
60 764
-
Employer
40 828
-
180 517
-
health
2 858
-
18 510
-
pensions
6 707
-
23 430
-
unemployment
1 653
-
7 310
-
social contributions
123
-
541
-
other
1 408
-
7 693
-
total
12 749
-
57 484
-
Corporate
184 422
238 000
-
-
income
51 637
66 640
-
-
surtax
-
-
-
-
total
51 637
66 640
-
-
Dividends
132 785
171 360
-
-
surtax
-
-
-
-
social contributions
22 839
29 474
-
-
withholding
16 997
21 934
-
-
total
39 836
51 408
-
-
Income
238 000
238 000
238 000
238 000
Total tax
112 412
118 048
118 248
109 791
After tax
125 588
119 952
119 752
128 209
Living cost
32 638
32 638
32 638
32 638
Free-cash
92 950
87 314
87 114
95 571

Estimated living cost  is ₽32638 per week

₽20580
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.
₽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.
₽8851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90548
₽90348
₽98805
₽95847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 614
other
-
-
-
7 379
surtax
-
-
-
-
social contributions
-
-
-
6 781
health
-
-
-
12 247
pensions
-
-
-
35 770
total
-
-
-
109 791
Employee
36 445
-
180 517
-
pensions
4 122
-
14 079
-
surtax
-
-
-
-
social contributions
1 039
-
5 143
-
income
1 879
-
41 542
-
total
7 040
-
60 764
-
Employer
36 445
-
180 517
-
health
2 551
-
18 510
-
pensions
5 989
-
23 430
-
unemployment
1 475
-
7 310
-
social contributions
109
-
541
-
other
1 258
-
7 693
-
total
11 382
-
57 484
-
Corporate
190 174
238 000
-
-
income
53 249
66 640
-
-
surtax
-
-
-
-
total
53 249
66 640
-
-
Dividends
136 925
171 360
-
-
surtax
-
-
-
-
social contributions
23 552
29 474
-
-
withholding
17 526
21 934
-
-
total
41 078
51 408
-
-
Income
238 000
238 000
238 000
238 000
Total tax
112 749
118 048
118 248
109 791
After tax
125 251
119 952
119 752
128 209
Living cost
29 404
29 404
29 404
29 404
Free-cash
95 847
90 548
90 348
98 805

Estimated living cost  is ₽29404 per week

₽17053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124974
₽125650
₽132615
₽125470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 699
social contributions
-
-
-
32 845
health
-
-
-
16 613
total
-
-
-
85 157
Employee
32 345
-
238 000
-
social contributions
4 464
-
32 845
-
income
5 395
-
42 664
-
health
2 257
-
16 613
-
total
12 116
-
92 122
-
Employer
32 345
-
238 000
-
total
-
-
-
-
Corporate
205 655
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%.

10 283
11 899
-
-
total
10 283
11 899
-
-
Dividends
195 373
226 101
-
-
social contributions
26 961
31 203
-
-
withholding
29 305
33 914
-
-
health
13 637
15 782
-
-
total
69 903
80 899
-
-
Income
238 000
238 000
238 000
238 000
Total tax
92 302
92 798
92 122
85 157
After tax
145 698
145 202
145 878
152 843
Living cost
20 228
20 228
20 228
20 228
Free-cash
125 470
124 974
125 650
132 615

Estimated living cost  is ₽20228 per week

₽13538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97406
₽28212
₽87930
₽95929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 322
surtax
-
-
-
188
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
952
health
-
-
-
8 525
pensions
-
-
-
20 618
total
-
-
-
116 456
Employee
47 675
38 017
199 324
-
other
476
380
1 115
-
unemployment
1 430
1 140
3 344
-
pensions
4 882
3 892
11 412
-
income
5 427
2 804
68 390
-
health
1 845
1 472
4 312
-
total
14 060
9 688
88 573
-
Employer
47 675
38 017
199 324
-
chamber of commerce
190
152
797
-
health
1 801
1 437
4 213
-
pensions
5 983
4 772
13 986
-
accident
619
494
1 448
-
unemployment
1 430
1 140
3 344
-
surtax
188
188
188
-
payroll
1 430
1 140
5 979
-
other
2 265
1 805
8 720
-
total
13 906
11 128
38 675
-
Corporate
176 419
188 854
195 704
-
income

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

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

44 105
47 213
48 926
-
total
44 105
47 213
48 926
-
Dividends
132 314
141 641
-
-
withholding
36 386
38 951
-
-
total
36 386
38 951
-
-
Income
238 000
238 000
238 000
238 000
Total tax
108 457
106 980
176 174
116 456
After tax
129 543
131 020
61 826
121 544
Living cost
33 614
33 614
33 614
33 614
Free-cash
95 929
97 406
28 212
87 930

Estimated living cost  is ₽33614 per week

₽22419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94517
₽45103
₽68852
₽83871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
12 853
social contributions
-
-
-
23 784
national
-
-
-
97 728
total
-
-
-
134 365
Employee

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

68 237
-
184 339
-
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.

594
-
1 604
-
communal

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

3 559
-
9 615
-
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.

5 118
-
13 825
-
national
20 979
-
70 744
-
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.

3 206
-
8 664
-
total
33 456
-
104 452
-
Employer

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

68 237
-
184 339
-
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.

4 196
-
11 336
-
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.

6 046
-
16 333
-
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.

887
-
2 395
-
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.

996
-
2 692
-
surtax
7 737
-
20 906
-
total
19 862
-
53 662
-
Corporate
149 900
238 000
-
-
income
29 981
52 727
-
-
surtax
599
1 055
-
-
total
30 580
53 782
-
-
Dividends
119 320
184 217
-
-
withholding

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

35 448
54 918
-
-
total
35 448
54 918
-
-
Income
238 000
238 000
238 000
238 000
Total tax
119 346
108 700
158 114
134 365
After tax
118 654
129 300
79 886
103 635
Living cost
34 783
34 783
34 783
34 783
Free-cash
83 871
94 517
45 103
68 852

Estimated living cost  is ₽34783 per week

₽22404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3041
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.
₽8793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123349
₽94327
₽98330
₽116812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
797
income
-
-
-
78 692
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
105 219
Employee
47 486
-
209 812
-
other
47
-
89
-
unemployment
737
-
1 370
-
pensions
2 232
-
4 156
-
income
10 019
-
75 417
-
total
13 035
-
81 032
-
Employer
47 486
-
209 812
-
pensions
11 206
-
20 868
-
accident
940
-
1 751
-
unemployment
2 612
-
4 863
-
other
378
-
708
-
total
15 136
-
28 190
-
Corporate
175 378
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.

26 308
35 699
-
-
total
26 308
35 699
-
-
Dividends
149 071
202 301
-
-
withholding
32 258
44 501
-
-
total
32 258
44 501
-
-
Income
238 000
238 000
238 000
238 000
Total tax
86 737
80 200
109 222
105 219
After tax
151 263
157 800
128 778
132 781
Living cost
34 451
34 451
34 451
34 451
Free-cash
116 812
123 349
94 327
98 330

Estimated living cost  is ₽34451 per week

₽25370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80891
₽67428
₽59443
₽67768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
15 042
accident
-
-
-
1 908
income
-
-
-
47 971
surtax
-
-
-
11 988
health
-
-
-
15 895
pensions
-
-
-
33 911
total
-
-
-
126 715
Employee
72 242
-
212 594
-
pensions
5 779
-
17 008
-
surtax
4 428
-
13 029
-
income
6 978
-
53 825
-
health
3 215
-
9 461
-
total
20 400
-
93 323
-
Employer
72 242
-
212 594
-
health
2 203
-
6 485
-
pensions
5 779
-
17 008
-
accident
650
-
1 914
-
total
8 632
-
25 407
-
Corporate
157 126
238 000
-
-
communal
10 607
16 065
-
-
income
23 568
35 699
-
-
surtax
1 649
2 498
-
-
total
35 824
54 262
-
-
Dividends
121 302
183 738
-
-
income
35 339
23 445
-
-
withholding
18 195
27 560
-
-
total
53 534
51 005
-
-
Income
238 000
238 000
238 000
238 000
Total tax
118 390
105 267
118 730
126 715
After tax
119 610
132 733
119 270
111 285
Living cost
51 842
51 842
51 842
51 842
Free-cash
67 768
80 891
67 428
59 443

Estimated living cost  is ₽51842 per week

₽38889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128275
₽84440
₽90274
₽125241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
78 079
other
-
-
-
-
surtax
-
-
-
13 500
unemployment
-
-
-
217
health
-
-
-
9 039
pensions
-
-
-
25 464
total
-
-
-
126 299
Employee
32 126
-
211 200
-
other
-
-
-
-
unemployment
2 236
-
8 861
-
pensions
2 143
-
8 492
-
surtax
114
-
12 359
-
income
5 386
-
72 375
-
health
820
-
3 246
-
total
10 699
-
105 333
-
Employer
32 126
-
211 200
-
health
1 461
-
5 793
-
pensions
4 283
-
16 972
-
unemployment
1 019
-
4 035
-
other
-
-
-
-
total
6 763
-
26 800
-
Corporate
199 111
238 000
-
-
income
51 770
61 880
-
-
total
51 770
61 880
-
-
Dividends
147 341
176 120
-
-
withholding
22 100
26 418
-
-
total
22 100
26 418
-
-
Income
238 000
238 000
238 000
238 000
Total tax
91 332
88 298
132 133
126 299
After tax
146 668
149 702
105 867
111 701
Living cost
21 427
21 427
21 427
21 427
Free-cash
125 241
128 275
84 440
90 274

Estimated living cost  is ₽21427 per week

₽12937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
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.
₽6132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99399
₽81685
₽89727
₽97282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 745
regional
-
-
-
3 862
municipal
-
-
-
1 522
national
-
-
-
69 446
total
-
-
-
122 575
Employee
52 917
-
238 000
-
municipal
281
-
1 403
-
national
8 384
-
63 059
-
regional
712
-
3 560
-
social contributions
17 844
-
62 595
-
total
27 221
-
130 617
-
Employer
52 917
-
238 000
-
total
-
-
-
-
Corporate
185 083
238 000
-
-
municipal
9 198
11 829
-
-
nationa
44 420
57 121
-
-
total
53 618
68 950
-
-
Dividends
131 465
169 051
-
-
withholding
34 181
43 953
-
-
total
34 181
43 953
-
-
Income
238 000
238 000
238 000
238 000
Total tax
115 020
112 903
130 617
122 575
After tax
122 980
125 097
107 383
115 425
Living cost
25 698
25 698
25 698
25 698
Free-cash
97 282
99 399
81 685
89 727

Estimated living cost  is ₽25698 per week

₽15981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134604
₽102212
₽112859
₽124166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 756
social contributions
-
-
-
34 167
solidarity contribution
-
-
-
3 829
health
-
-
-
32 130
total
-
-
-
95 882
Employee
43 028
-
191 512
-
solidarity contribution
-
-
2 873
-
social contributions
2 797
-
7 606
-
income
5 163
-
23 708
-
health
5 809
-
25 854
-
total
13 769
-
60 041
-
Employer
43 028
-
191 512
-
health
3 872
-
17 236
-
social contributions
10 757
-
29 252
-
total
14 629
-
46 488
-
Corporate
180 343
238 000
-
-
income
34 265
45 220
-
-
total
34 265
45 220
-
-
Dividends
146 078
192 780
-
-
withholding
21 912
28 917
-
-
total
21 912
28 917
-
-
Income
238 000
238 000
238 000
238 000
Total tax
84 575
74 137
106 529
95 882
After tax
153 425
163 863
131 471
142 118
Living cost
29 259
29 259
29 259
29 259
Free-cash
124 166
134 604
102 212
112 859

Estimated living cost  is ₽29259 per week

₽21759
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
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.
₽5373
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100686
₽31434
₽91297
₽100213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 322
surtax
-
-
-
-
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
952
health
-
-
-
8 525
pensions
-
-
-
20 618
total
-
-
-
116 268
Employee
41 700
38 017
199 498
-
other
416
380
1 115
-
unemployment
1 251
1 140
3 344
-
pensions
4 271
3 892
11 412
-
income
3 715
2 804
68 477
-
health
1 613
1 472
4 312
-
total
11 266
9 688
88 660
-
Employer
41 700
38 017
199 498
-
chamber of commerce
167
152
798
-
health
1 577
1 437
4 213
-
pensions
5 234
4 772
13 986
-
accident
541
494
1 448
-
unemployment
1 251
1 140
3 344
-
surtax
-
-
-
-
payroll
1 251
1 140
5 985
-
other
1 980
1 805
8 728
-
total
12 001
10 940
38 502
-
Corporate
184 299
189 042
195 878
-
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.

46 074
47 260
48 969
-
total
46 074
47 260
48 969
-
Dividends
138 225
141 782
-
-
withholding
38 011
38 991
-
-
total
38 011
38 991
-
-
Income
238 000
238 000
238 000
238 000
Total tax
107 352
106 879
176 131
116 268
After tax
130 648
131 121
61 869
121 732
Living cost
30 435
30 435
30 435
30 435
Free-cash
100 213
100 686
31 434
91 297

Estimated living cost  is ₽30435 per week

₽18257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽213966
₽178266
₽223486
₽211691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 168
-
238 000
-
income
3 034
-
47 600
-
total
3 034
-
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%.

222 832
238 000
-
-
total
-
-
-
-
Dividends
222 832
238 000
-
-
withholding
11 141
11 900
-
-
total
11 141
11 900
-
-
Income
238 000
238 000
238 000
238 000
Total tax
14 175
11 900
47 600
2 380
After tax
223 825
226 100
190 400
235 620
Living cost
12 134
12 134
12 134
12 134
Free-cash
211 691
213 966
178 266
223 486

Estimated living cost  is ₽12134 per week

₽8211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3006
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138277
₽77277
₽82440
₽130297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
62 734
unemployment
-
-
-
357
health
-
-
-
23 418
pensions
-
-
-
43 464
total
-
-
-
129 973
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.

42 184
-
205 934
-
unemployment
60
-
288
-
pensions
6 539
-
31 919
-
income
7 275
-
57 563
-
health
2 725
-
13 304
-
total
16 599
-
103 074
-
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.

42 184
-
205 934
-
health
2 810
-
13 715
-
pensions
3 733
-
18 224
-
unemployment
25
-
123
-
total
6 568
-
32 062
-
Corporate
189 248
238 000
-
-
income
35 956
45 220
-
-
total
35 956
45 220
-
-
Dividends
153 291
192 780
-
-
withholding
22 993
28 916
-
-
total
22 993
28 916
-
-
Income
238 000
238 000
238 000
238 000
Total tax
82 116
74 136
135 136
129 973
After tax
155 884
163 864
102 864
108 027
Living cost
25 587
25 587
25 587
25 587
Free-cash
130 297
138 277
77 277
82 440

Estimated living cost  is ₽25587 per week

₽17560
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.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103655
₽184312
₽123333
₽58298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 391
social contributions
-
-
-
27 132
total
-
-
-
73 523
Employee
58 995
-
-
-
social contributions
4 838
-
689
-
income
13 013
-
-
-
total
17 851
-
689
-
Employer
58 995
-
-
-
social contributions
83 183
-
11 855
-
total
83 183
-
11 855
-
Corporate
95 823
238 000
-
-
income
21 081
52 360
-
-
total
21 081
52 360
-
-
Dividends
74 742
185 640
-
-
income
16 443
40 841
-
-
total
16 443
40 841
-
-
Income
238 000
238 000
238 000
238 000
Total tax
138 558
93 201
12 544
73 523
After tax
99 442
144 799
225 456
164 477
Living cost
41 144
41 144
41 144
41 144
Free-cash
58 298
103 655
184 312
123 333

Estimated living cost  is ₽41144 per week

₽26696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10054
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105452
₽73588
₽93049
₽104491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
32 324
surtax
-
-
-
-
social contributions

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

-
-
-
82 704
total
-
-
-
115 028
Employee
43 875
-
192 324
-
surtax
-
-
659
-
social contributions
4 826
-
21 155
-
income
9 126
-
66 999
-
total
13 952
-
88 813
-
Employer
43 875
-
192 324
-
social contributions
10 420
-
45 676
-
total
10 420
-
45 676
-
Corporate
183 705
238 000
-
-
income
38 578
49 979
-
-
surtax
-
-
-
-
total
38 578
49 979
-
-
Dividends
145 127
188 021
-
-
withholding
40 636
52 646
-
-
total
40 636
52 646
-
-
Income
238 000
238 000
238 000
238 000
Total tax
103 586
102 625
134 489
115 028
After tax
134 414
135 375
103 511
122 972
Living cost
29 923
29 923
29 923
29 923
Free-cash
104 491
105 452
73 588
93 049

Estimated living cost  is ₽29923 per week

₽22388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73877
₽73677
₽82134
₽80438
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 614
other
-
-
-
7 379
surtax
-
-
-
-
social contributions
-
-
-
6 781
health
-
-
-
12 247
pensions
-
-
-
35 770
total
-
-
-
109 791
Employee
59 748
-
180 517
-
pensions
6 758
-
14 079
-
surtax
-
-
-
-
social contributions
1 702
-
5 143
-
income
5 213
-
41 542
-
total
13 673
-
60 764
-
Employer
59 748
-
180 517
-
health
4 182
-
18 510
-
pensions
9 817
-
23 430
-
unemployment
2 420
-
7 310
-
social contributions
179
-
541
-
other
2 062
-
7 693
-
total
18 660
-
57 484
-
Corporate
159 591
238 000
-
-
income
44 686
66 640
-
-
surtax
-
-
-
-
total
44 686
66 640
-
-
Dividends
114 905
171 360
-
-
surtax
-
-
-
-
social contributions
19 761
29 474
-
-
withholding
14 707
21 934
-
-
total
34 468
51 408
-
-
Income
238 000
238 000
238 000
238 000
Total tax
111 487
118 048
118 248
109 791
After tax
126 513
119 952
119 752
128 209
Living cost
46 075
46 075
46 075
46 075
Free-cash
80 438
73 877
73 677
82 134

Estimated living cost  is ₽46075 per week

₽31183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽185524
₽150516
₽144192
₽182320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 772
social contributions
-
-
-
52 360
total
-
-
-
65 132
Employee
30 669
-
206 061
-
income
-
-
13 474
-
social contributions
1 993
-
13 395
-
total
1 993
-
26 869
-
Employer
30 669
-
206 061
-
social contributions
4 754
-
31 939
-
total
4 754
-
31 939
-
Corporate
202 577
238 000
-
-
income
20 257
23 800
-
-
total
20 257
23 800
-
-
Dividends
182 320
214 200
-
-
total
-
-
-
-
Income
238 000
238 000
238 000
238 000
Total tax
27 004
23 800
58 808
65 132
After tax
210 996
214 200
179 192
172 868
Living cost
28 676
28 676
28 676
28 676
Free-cash
182 320
185 524
150 516
144 192

Estimated living cost  is ₽28676 per week

₽18541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30364
₽30364
₽90418
₽15701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 974
municipal
-
-
-
51 659
national
-
-
-
30 226
pensions
-
-
-
826
total
-
-
-
101 685
Employee
193 719
193 719
193 719
-
municipal
41 251
41 251
41 251
-
labour market
15 475
15 475
15 475
-
pensions
275
275
275
-
national
23 666
23 666
23 666
-
total
80 667
80 667
80 667
-
Employer
193 719
193 719
193 719
-
national
23 707
23 707
23 707
-
labour market
15 497
15 497
15 497
-
pensions
551
551
551
-
municipal
41 317
41 317
41 317
-
total
81 072
81 072
81 072
-
Corporate
30 362
-
-
-
income
6 680
-
-
-
total
6 680
-
-
-
Dividends
23 683
-
-
-
withholding
7 983
-
-
-
total
7 983
-
-
-
Income
238 000
238 000
238 000
238 000
Total tax
176 402
161 739
161 739
101 685
After tax
61 598
76 261
76 261
136 315
Living cost
45 897
45 897
45 897
45 897
Free-cash
15 701
30 364
30 364
90 418

Estimated living cost  is ₽45897 per week

₽31412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1689
₽110685
₽141487
₽16061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
244
income
-
-
-
68 809
other
-
-
-
358
health
-
-
-
2 110
pensions
-
-
-
4 025
total
-
-
-
75 546
Employee
32 983
-
218 347
-
pensions
3 714
-
7 380
-
income
4 525
-
54 314
-
health
3 777
-
25 001
-
total
12 016
-
86 695
-
Employer
32 983
-
218 347
-
pensions
5 363
-
10 657
-
accident
551
-
3 646
-
unemployment
808
-
5 350
-
total
6 722
-
19 653
-
Corporate
198 296
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.

178 466
214 200
-
-
total
178 466
214 200
-
-
Dividends
19 830
23 800
-
-
withholding
3 768
4 522
-
-
total
3 768
4 522
-
-
Income
238 000
238 000
238 000
238 000
Total tax
200 972
218 722
106 348
75 546
After tax
37 028
19 278
131 652
162 454
Living cost
20 967
20 967
20 967
20 967
Free-cash
16 061
-1 689
110 685
141 487

Estimated living cost  is ₽20967 per week

₽15262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107660
₽79455
₽106716
₽111109
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 268
municipal
-
-
-
42 251
national
-
-
-
49 140
total
-
-
-
94 659
Employee
50 190
-
200 217
-
municipal
8 221
-
32 582
-
unemployment
753
-
3 003
-
pensions
3 387
-
13 514
-
national
829
-
32 353
-
health
375
-
2 685
-
total
13 565
-
84 137
-
Employer
50 190
-
200 217
-
health
386
-
1 542
-
pensions
8 708
-
34 738
-
accident
51
-
201
-
unemployment
326
-
1 302
-
total
9 471
-
37 783
-
Corporate
178 341
238 000
-
-
income
35 669
47 600
-
-
total
35 669
47 600
-
-
Dividends

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

107 004
142 800
-
-
municipal
19 260
25 705
-
-
national
12 301
20 410
-
-
total
31 561
46 115
-
-
Income
238 000
238 000
238 000
238 000
Total tax
90 266
93 715
121 920
94 659
After tax
147 734
144 285
116 080
143 341
Living cost
36 625
36 625
36 625
36 625
Free-cash
111 109
107 660
79 455
106 716

Estimated living cost  is ₽36625 per week

₽23923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽151309
₽135177
₽137083
₽146118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
57 327
social contributions
-
-
-
15 435
health
-
-
-
6 068
total
-
-
-
78 830
Employee
73 355
73 355
225 614
-
social contributions
2 773
6 088
8 212
-
income
7 987
6 790
56 301
-
health
568
1 247
3 836
-
total
11 328
14 125
68 349
-
Employer
73 355
73 355
225 614
-
health
617
1 358
4 175
-
social contributions
2 773
6 088
8 212
-
total
3 390
7 446
12 387
-
Corporate
201 194
157 199
-
-
income
25 149
19 649
-
-
total
25 149
19 649
-
-
Dividends
176 045
137 550
-
-
withholding
29 928
23 384
-
-
total
29 928
23 384
-
-
Income
238 000
238 000
238 000
238 000
Total tax
69 795
64 604
80 736
78 830
After tax
168 205
173 396
157 264
159 170
Living cost
22 087
22 087
22 087
22 087
Free-cash
146 118
151 309
135 177
137 083

Estimated living cost  is ₽22087 per week

₽13237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽181942
₽169379
₽188515
₽177087
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
24 792
unemployment
-
-
-
27
health
-
-
-
3 452
pensions
-
-
-
6 068
total
-
-
-
34 339
Employee

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

21 897
-
228 677
-
unemployment
109
-
453
-
pensions
3 284
-
13 577
-
income
1 497
-
22 428
-
health
1 861
-
7 694
-
total
6 751
-
44 152
-
Employer

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

21 897
-
228 677
-
health
941
-
3 892
-
pensions
1 204
-
4 978
-
unemployment
109
-
453
-
total
2 254
-
9 323
-
Corporate
213 850
238 000
-
-
income
19 247
21 420
-
-
total
19 247
21 420
-
-
Dividends
194 602
216 580
-
-
withholding
17 515
19 492
-
-
total
17 515
19 492
-
-
Income
238 000
238 000
238 000
238 000
Total tax
45 767
40 912
53 475
34 339
After tax
192 233
197 088
184 525
203 661
Living cost
15 146
15 146
15 146
15 146
Free-cash
177 087
181 942
169 379
188 515

Estimated living cost  is ₽15146 per week

₽9663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131567
₽102545
₽106548
₽127354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
797
income
-
-
-
78 692
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
105 219
Employee
35 273
-
209 812
-
other
34
-
89
-
unemployment
547
-
1 370
-
pensions
1 658
-
4 156
-
income
6 800
-
75 417
-
total
9 039
-
81 032
-
Employer
35 273
-
209 812
-
pensions
8 324
-
20 868
-
accident
699
-
1 751
-
unemployment
1 941
-
4 863
-
other
282
-
708
-
total
11 246
-
28 190
-
Corporate
191 481
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.

28 722
35 699
-
-
total
28 722
35 699
-
-
Dividends
162 758
202 301
-
-
withholding
35 406
44 501
-
-
total
35 406
44 501
-
-
Income
238 000
238 000
238 000
238 000
Total tax
84 413
80 200
109 222
105 219
After tax
153 587
157 800
128 778
132 781
Living cost
26 233
26 233
26 233
26 233
Free-cash
127 354
131 567
102 545
106 548

Estimated living cost  is ₽26233 per week

₽17707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
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.
₽5545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146662
₽151633
₽151764
₽146358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 058
health
-
-
-
978
pensions
-
-
-
1 350
total
-
-
-
84 386
Employee
2 818
-
236 482
-
unemployment
28
-
67
-
pensions
254
-
607
-
income
545
-
81 988
-
health
141
-
337
-
total
968
-
82 999
-
Employer
2 818
-
236 482
-
health
268
-
641
-
pensions
310
-
742
-
unemployment
56
-
135
-
total
634
-
1 518
-
Corporate
234 548
238 000
-
-
income
51 601
52 360
-
-
total
51 601
52 360
-
-
Dividends
182 947
185 640
-
-
withholding
36 589
37 128
-
-
total
36 589
37 128
-
-
Income
238 000
238 000
238 000
238 000
Total tax
89 792
89 488
84 517
84 386
After tax
148 208
148 512
153 483
153 614
Living cost
1 850
1 850
1 850
1 850
Free-cash
146 358
146 662
151 633
151 764

Estimated living cost  is ₽1850 per week

₽1100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155455
₽139331
₽139332
₽150760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
55 514
unemployment
-
-
-
1 058
health
-
-
-
7 263
pensions
-
-
-
18 333
total
-
-
-
82 168
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.

24 882
-
225 378
-
unemployment
187
-
529
-
pensions
3 483
-
9 872
-
income
3 430
-
55 515
-
health
1 281
-
3 631
-
total
8 381
-
69 547
-
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.

24 882
-
225 378
-
health
1 281
-
3 631
-
pensions
2 986
-
8 462
-
unemployment
187
-
529
-
total
4 454
-
12 622
-
Corporate
208 665
238 000
-
-
income
31 300
35 700
-
-
total
31 300
35 700
-
-
Dividends
177 365
202 300
-
-
withholding
26 605
30 345
-
-
total
26 605
30 345
-
-
Income
238 000
238 000
238 000
238 000
Total tax
70 740
66 045
82 169
82 168
After tax
167 260
171 955
155 831
155 832
Living cost
16 500
16 500
16 500
16 500
Free-cash
150 760
155 455
139 331
139 332

Estimated living cost  is ₽16500 per week

₽11110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109657
₽77793
₽97254
₽109312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
32 324
surtax
-
-
-
-
social contributions

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

-
-
-
82 704
total
-
-
-
115 028
Employee
37 025
-
192 324
-
surtax
-
-
659
-
social contributions
4 073
-
21 155
-
income
7 235
-
66 999
-
total
11 308
-
88 813
-
Employer
37 025
-
192 324
-
social contributions
8 793
-
45 676
-
total
8 793
-
45 676
-
Corporate
192 182
238 000
-
-
income
40 357
49 979
-
-
surtax
-
-
-
-
total
40 357
49 979
-
-
Dividends
151 825
188 021
-
-
withholding
42 512
52 646
-
-
total
42 512
52 646
-
-
Income
238 000
238 000
238 000
238 000
Total tax
102 970
102 625
134 489
115 028
After tax
135 030
135 375
103 511
122 972
Living cost
25 718
25 718
25 718
25 718
Free-cash
109 312
109 657
77 793
97 254

Estimated living cost  is ₽25718 per week

₽18215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1787
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124274
₽95252
₽99255
₽118032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
797
income
-
-
-
78 692
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
105 219
Employee
46 072
-
209 812
-
other
45
-
89
-
unemployment
713
-
1 370
-
pensions
2 165
-
4 156
-
income
9 623
-
75 417
-
total
12 546
-
81 032
-
Employer
46 072
-
209 812
-
pensions
10 873
-
20 868
-
accident
912
-
1 751
-
unemployment
2 534
-
4 863
-
other
369
-
708
-
total
14 688
-
28 190
-
Corporate
177 239
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.

26 586
35 699
-
-
total
26 586
35 699
-
-
Dividends
150 653
202 301
-
-
withholding
32 622
44 501
-
-
total
32 622
44 501
-
-
Income
238 000
238 000
238 000
238 000
Total tax
86 442
80 200
109 222
105 219
After tax
151 558
157 800
128 778
132 781
Living cost
33 526
33 526
33 526
33 526
Free-cash
118 032
124 274
95 252
99 255

Estimated living cost  is ₽33526 per week

₽24077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
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.
₽6371
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽187086
₽187091
₽177002
₽181274
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 700
unemployment
-
-
-
133
health
-
-
-
3 831
pensions

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

-
-
-
4 930
total
-
-
-
44 594
Employee
21 722
-
231 465
-
accident

We are using the highest rate at 1.1%.

239
-
366
-
pensions

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

1 907
-
2 925
-
income
2 173
-
23 147
-
health
999
-
1 532
-
total
5 318
-
27 970
-
Employer
21 722
-
231 465
-
health
1 499
-
2 298
-
pensions

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

2 394
-
3 671
-
accident

We are using the highest rate at 1.1%.

239
-
366
-
unemployment
130
-
200
-
total
4 262
-
6 535
-
Corporate
212 016
238 000
-
-
income
21 202
23 800
-
-
total
21 202
23 800
-
-
Dividends
190 815
214 200
-
-
withholding
9 540
10 710
-
-
total
9 540
10 710
-
-
Income
238 000
238 000
238 000
238 000
Total tax
40 322
34 510
34 505
44 594
After tax
197 678
203 490
203 495
193 406
Living cost
16 404
16 404
16 404
16 404
Free-cash
181 274
187 086
187 091
177 002

Estimated living cost  is ₽16404 per week

₽10850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85543
₽108853
₽81065
₽98025
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
81 327
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.

-
-
-
4 473
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.

-
-
-
6 517
trade
-
-
-
27 788
total
-
-
-
120 105
Employee

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

47 465
-
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.

215
-
4 473
-
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.

3 903
-
81 327
-
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.

6 517
-
6 517
-
total
10 635
-
92 317
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
190 535
238 000
-
-
income
28 579
35 699
-
-
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.

1 571
1 964
-
-
chamber of commerce
424
494
-
-
trade
27 341
34 153
-
-
total
57 915
72 310
-
-
Dividends
132 619
165 689
-
-
surtax

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

1 803
2 257
-
-
withholding
32 792
41 060
-
-
total
34 595
43 317
-
-
Income
238 000
238 000
238 000
238 000
Total tax
103 145
115 627
92 317
120 105
After tax
134 855
122 373
145 683
117 895
Living cost
36 830
36 830
36 830
36 830
Free-cash
98 025
85 543
108 853
81 065

Estimated living cost  is ₽36830 per week

₽25406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112257
₽62896
₽62896
₽114364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 433
social contributions
-
-
-
41 329
total
-
-
-
120 762
Employee
74 621
-
238 000
-
income
14 081
-
79 433
-
social contributions
6 199
-
41 329
-
total
20 280
-
120 762
-
Employer
74 621
-
238 000
-
total
-
-
-
-
Corporate
163 379
238 000
-
-
income
20 422
29 751
-
-
total
20 422
29 751
-
-
Dividends
142 957
208 249
-
-
withholding
28 592
41 650
-
-
total
28 592
41 650
-
-
Income
238 000
238 000
238 000
238 000
Total tax
69 294
71 401
120 762
120 762
After tax
168 706
166 599
117 238
117 238
Living cost
54 342
54 342
54 342
54 342
Free-cash
114 364
112 257
62 896
62 896

Estimated living cost  is ₽54342 per week

₽41342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115031
₽130325
₽161848
₽118364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 699
health

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

-
-
-
5 824
total
-
-
-
41 523
Employee
43 762
-
233 612
-
income
4 748
-
64 270
-
social contributions
4 385
-
4 388
-
total
9 133
-
68 658
-
Employer
43 762
-
233 612
-
social contributions
4 385
-
4 388
-
total
4 385
-
4 388
-
Corporate
189 853
238 000
-
-
income
66 449
83 300
-
-
total
66 449
83 300
-
-
Dividends
123 404
154 700
-
-
social contributions
5 040
5 040
-
-
total
5 040
5 040
-
-
Income
238 000
238 000
238 000
238 000
Total tax
85 007
88 340
73 046
41 523
After tax
152 993
149 660
164 954
196 477
Living cost
34 629
34 629
34 629
34 629
Free-cash
118 364
115 031
130 325
161 848

Estimated living cost  is ₽34629 per week

₽22810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
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.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112983
₽96215
₽117358
₽118576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
75 627
pensions
-
-
-
9 931
total
-
-
-
85 558
Employee
48 158
-
207 245
-
pensions
3 676
-
11 691
-
income
8 770
-
61 529
-
health
628
-
2 725
-
total
13 074
-
75 945
-
Employer
48 158
-
207 245
-
health
915
-
3 938
-
pensions
4 866
-
26 818
-
total
5 781
-
30 756
-
Corporate
184 061
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.

34 972
45 221
-
-
total
34 972
45 221
-
-
Dividends
149 089
192 779
-
-
withholding
30 513
44 712
-
-
total
30 513
44 712
-
-
Income
238 000
238 000
238 000
238 000
Total tax
84 340
89 933
106 701
85 558
After tax
153 660
148 067
131 299
152 442
Living cost
35 084
35 084
35 084
35 084
Free-cash
118 576
112 983
96 215
117 358

Estimated living cost  is ₽35084 per week

₽24068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3765
₽108609
₽139411
₽15743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
244
income
-
-
-
68 809
other
-
-
-
358
health
-
-
-
2 110
pensions
-
-
-
4 025
total
-
-
-
75 546
Employee
36 247
-
218 347
-
pensions
4 082
-
7 380
-
income
4 973
-
54 314
-
health
4 150
-
25 001
-
total
13 205
-
86 695
-
Employer
36 247
-
218 347
-
pensions
5 894
-
10 657
-
accident
605
-
3 646
-
unemployment
888
-
5 350
-
total
7 387
-
19 653
-
Corporate
194 366
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.

174 929
214 200
-
-
total
174 929
214 200
-
-
Dividends
19 437
23 800
-
-
withholding
3 693
4 522
-
-
total
3 693
4 522
-
-
Income
238 000
238 000
238 000
238 000
Total tax
199 214
218 722
106 348
75 546
After tax
38 786
19 278
131 652
162 454
Living cost
23 043
23 043
23 043
23 043
Free-cash
15 743
-3 765
108 609
139 411

Estimated living cost  is ₽23043 per week

₽16911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169203
₽163885
₽142939
₽166321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
40 302
unemployment
-
-
-
1 828
work injury
-
-
-
762
health insurance
-
-
-
11 273
pensions
-
-
-
28 029
total
-
-
-
82 194
Employee

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

20 586
-
238 000
-
health insurance
1 523
-
5 636
-
unemployment
247
-
914
-
work injury
103
-
381
-
pensions
3 788
-
14 015
-
income
2 059
-
40 302
-
total
7 720
-
61 248
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
217 414
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%.

21 741
23 800
-
-
total
21 741
23 800
-
-
Dividends
195 672
214 200
-
-
withholding
29 351
32 130
-
-
total
29 351
32 130
-
-
Income
238 000
238 000
238 000
238 000
Total tax
58 812
55 930
61 248
82 194
After tax
179 188
182 070
176 752
155 806
Living cost
12 867
12 867
12 867
12 867
Free-cash
166 321
169 203
163 885
142 939

Estimated living cost  is ₽12867 per week

₽7971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87359
₽67242
₽75076
₽83019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 745
regional
-
-
-
6 017
municipal
-
-
-
1 713
national
-
-
-
69 446
total
-
-
-
124 921
Employee
80 387
-
238 000
-
municipal
480
-
1 579
-
national
13 585
-
63 059
-
regional
1 214
-
5 522
-
social contributions
27 106
-
62 595
-
total
42 385
-
132 755
-
Employer
80 387
-
238 000
-
total
-
-
-
-
Corporate
157 613
238 000
-
-
municipal
7 596
11 472
-
-
nationa
37 827
57 121
-
-
total
45 423
68 593
-
-
Dividends
112 191
169 407
-
-
withholding
29 170
44 045
-
-
total
29 170
44 045
-
-
Income
238 000
238 000
238 000
238 000
Total tax
116 978
112 638
132 755
124 921
After tax
121 022
125 362
105 245
113 079
Living cost
38 003
38 003
38 003
38 003
Free-cash
83 019
87 359
67 242
75 076

Estimated living cost  is ₽38003 per week

₽26695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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