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
₽89982
₽100921
₽85966
₽116211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
30 245
income

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

-
-
-
80 645
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.

-
-
-
6 756
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.

-
-
-
4 436
total
-
-
-
122 082
Employee

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

37 822
-
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.

1 057
-
80 645
-
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.

58
-
4 436
-
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.

6 756
-
6 756
-
total
7 871
-
91 837
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
200 178
238 000
-
-
income
30 027
35 700
-
-
surtax

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

1 651
1 963
-
-
trade
31 528
37 484
-
-
chamber of commerce
437
492
-
-
total
63 643
75 639
-
-
Dividends
136 534
162 361
-
-
surtax

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

1 856
2 212
-
-
withholding
33 757
40 215
-
-
total
35 613
42 427
-
-
Income
238 000
238 000
238 000
238 000
Total tax
107 127
118 066
91 837
122 082
After tax
130 873
119 934
146 163
115 918
Living cost
29 952
29 952
29 952
29 952
Free-cash
100 921
89 982
116 211
85 966

Estimated living cost  is ₽29952 per week

₽18841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3492
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.
₽7060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94938
₽94047
₽81987
₽83265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
26 440
national
-
-
-
44 880
pensions
-
-
-
28 560
social contributions
-
-
-
2 559
total
-
-
-
102 439
Employee
83 050
-
205 749
-
national
15 896
-
46 898
-
pensions
3 322
-
8 230
-
municipal
10 258
-
27 361
-
total
29 476
-
82 489
-
Employer
83 050
-
205 749
-
social contributions
893
-
2 212
-
pensions
6 644
-
16 460
-
total
7 537
-
18 672
-
Corporate
141 932
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%.

28 386
47 600
-
-
total
28 386
47 600
-
-
Dividends
113 546
190 400
-
-
withholding
24 980
41 888
-
-
total
24 980
41 888
-
-
Income
238 000
238 000
238 000
238 000
Total tax
90 379
89 488
101 161
102 439
After tax
147 621
148 512
136 839
135 561
Living cost
53 574
53 574
53 574
53 574
Free-cash
94 047
94 938
83 265
81 987

Estimated living cost  is ₽53574 per week

₽36414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽802
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169826
₽161715
₽67039
₽83723
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
51 810
surtax
-
-
-
60 690
social contributions

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

-
-
-
37 888
total
-
-
-
150 388
Employee
28 895
-
188 838
-
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.

3 179
-
12 963
-
income
5 144
-
44 198
-
surtax
-
-
27 381
-
total
8 323
-
84 542
-
Employer
28 895
-
188 838
-
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.

6 960
-
28 390
-
surtax
-
-
20 772
-
total
6 960
-
49 162
-
Corporate
202 145
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%.

40 429
47 601
-
-
total
40 429
47 601
-
-
Dividends

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

161 716
190 399
-
-
total
-
-
-
-
Income
238 000
238 000
238 000
238 000
Total tax
55 712
47 601
133 704
150 388
After tax
182 288
190 399
104 296
87 612
Living cost
20 573
20 573
20 573
20 573
Free-cash
161 715
169 826
83 723
67 039

Estimated living cost  is ₽20573 per week

₽13125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1959
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.
₽5022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77358
₽71301
₽85530
₽110760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
87 265
health
-
-
-
12 194
pensions
-
-
-
11 586
total
-
-
-
111 045
Employee
84 445
84 445
219 623
-
pensions
15 200
11 586
11 586
-
income

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

13 822
13 822
43 658
-
health
12 961
11 025
12 194
-
total
41 983
36 433
67 438
-
Employer
84 445
84 445
219 623
-
health
5 870
5 870
7 294
-
pensions
5 877
5 877
7 305
-
unemployment
3 040
3 040
3 778
-
total
14 787
14 787
18 377
-
Corporate
139 803
138 767
-
-
income
27 961
27 754
-
-
total
27 961
27 754
-
-
Dividends
111 843
111 013
-
-
income
23 767
23 590
-
-
withholding
16 776
16 653
-
-
total
40 543
40 243
-
-
Income
238 000
238 000
238 000
238 000
Total tax
125 274
119 217
85 815
111 045
After tax
112 726
118 783
152 185
126 955
Living cost
41 425
41 425
41 425
41 425
Free-cash
71 301
77 358
110 760
85 530

Estimated living cost  is ₽41425 per week

₽29357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90473
₽89588
₽78804
₽77847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
63 498
national
-
-
-
31 159
unemployment
-
-
-
87
accident
-
-
-
173
health
-
-
-
5 399
pensions
-
-
-
9 352
other
-
-
-
10 053
total
-
-
-
119 721
Employee
56 249
-
210 817
-
national
-
-
30 629
-
municipal
16 773
-
62 866
-
total
16 773
-
93 495
-
Employer
56 249
-
210 817
-
health
3 459
-
5 321
-
pensions
6 080
-
9 352
-
accident
113
-
173
-
other
6 536
-
10 053
-
unemployment
1 485
-
2 284
-
total
17 673
-
27 183
-
Corporate
164 078
238 000
-
-
income
36 097
52 360
-
-
total
36 097
52 360
-
-
Dividends
127 981
185 640
-
-
withholding
38 394
55 692
-
-
total
38 394
55 692
-
-
Income
238 000
238 000
238 000
238 000
Total tax
108 937
108 052
120 678
119 721
After tax
129 063
129 948
117 322
118 279
Living cost
39 475
39 475
39 475
39 475
Free-cash
89 588
90 473
77 847
78 804

Estimated living cost  is ₽39475 per week

₽26163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79865
₽93758
₽75728
₽107316
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
31 588
income

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

-
-
-
80 645
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.

-
-
-
6 756
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.

-
-
-
4 436
total
-
-
-
123 425
Employee

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

50 147
-
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.

4 309
-
80 645
-
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.

236
-
4 436
-
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.

6 756
-
6 756
-
total
11 301
-
91 837
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
187 853
238 000
-
-
income
28 178
35 700
-
-
surtax

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

1 550
1 963
-
-
trade
30 901
39 151
-
-
chamber of commerce
417
488
-
-
total
61 046
77 302
-
-
Dividends
126 806
160 699
-
-
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.

1 723
2 188
-
-
withholding
31 325
39 798
-
-
total
33 048
41 986
-
-
Income
238 000
238 000
238 000
238 000
Total tax
105 395
119 288
91 837
123 425
After tax
132 605
118 712
146 163
114 575
Living cost
38 847
38 847
38 847
38 847
Free-cash
93 758
79 865
107 316
75 728

Estimated living cost  is ₽38847 per week

₽25981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141342
₽137240
₽127403
₽125484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 454
health
-
-
-
6 069
social contributions
-
-
-
16 000
total
-
-
-
78 523
Employee
76 039
76 039
225 320
-
social contributions
3 695
6 311
8 512
-
income
7 985
7 039
55 420
-
health
756
1 293
3 830
-
total
12 436
14 643
67 762
-
Employer
76 039
76 039
225 320
-
social contributions
3 695
6 311
8 512
-
health
824
1 407
4 168
-
total
4 519
7 718
12 680
-
Corporate
188 971
154 243
-
-
income
23 622
19 280
-
-
total
23 622
19 280
-
-
Dividends
165 349
134 963
-
-
withholding
28 109
22 943
-
-
total
28 109
22 943
-
-
Income
238 000
238 000
238 000
238 000
Total tax
68 686
64 584
80 442
78 523
After tax
169 314
173 416
157 558
159 477
Living cost
32 074
32 074
32 074
32 074
Free-cash
137 240
141 342
125 484
127 403

Estimated living cost  is ₽32074 per week

₽21926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2505
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.
₽7105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114230
₽114636
₽145516
₽118612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
3 570
income
-
-
-
29 095
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.

27 945
11 122
199 163
-
pensions
2 794
1 112
19 916
-
unemployment
419
167
2 987
-
income
3 416
1 360
24 348
-
health
1 956
779
13 941
-
total
8 585
3 418
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.

27 945
11 122
199 163
-
pensions
5 449
2 169
38 837
-
total
5 449
2 169
38 837
-
Corporate
204 606
224 710
-
-
income
18 415
20 224
-
-
total
18 415
20 224
-
-
Dividends
186 192
204 486
-
-
social contributions
36 180
39 748
-
-
withholding
35 376
38 852
-
-
total
71 556
78 600
-
-
Income
238 000
238 000
238 000
238 000
Total tax
104 005
104 411
100 029
73 125
After tax
133 995
133 589
137 971
164 875
Living cost
19 359
19 359
19 359
19 359
Free-cash
114 636
114 230
118 612
145 516

Estimated living cost  is ₽19359 per week

₽13211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166514
₽160373
₽103683
₽113293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 941
pensions
-
-
-
47 599
total
-
-
-
110 432
Employee
28 053
-
177 877
-
pensions
561
-
3 558
-
unemployment
448
-
2 847
-
income
3 158
-
34 294
-
total
4 167
-
40 699
-
Employer
28 053
-
177 877
-
health
3 646
-
23 125
-
pensions
5 611
-
35 576
-
unemployment
225
-
1 422
-
total
9 482
-
60 123
-
Corporate
200 465
238 000
-
-
income
40 093
47 601
-
-
total
40 093
47 601
-
-
Dividends
160 372
190 399
-
-
total
-
-
-
-
Income
238 000
238 000
238 000
238 000
Total tax
53 742
47 601
100 822
110 432
After tax
184 258
190 399
137 178
127 568
Living cost
23 885
23 885
23 885
23 885
Free-cash
160 373
166 514
113 293
103 683

Estimated living cost  is ₽23885 per week

₽16382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2308
₽15968
₽140876
₽109980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
248
income
-
-
-
68 704
health
-
-
-
2 140
pensions
-
-
-
4 082
other
-
-
-
364
total
-
-
-
75 538
Employee
33 955
-
218 201
-
pensions
3 823
-
7 486
-
income
4 658
-
54 164
-
health
3 888
-
24 984
-
total
12 369
-
86 634
-
Employer
33 955
-
218 201
-
pensions
5 521
-
10 810
-
accident
567
-
3 644
-
unemployment
832
-
5 346
-
total
6 920
-
19 800
-
Corporate
197 125
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.

177 412
214 200
-
-
total
177 412
214 200
-
-
Dividends
19 712
23 800
-
-
withholding
3 745
4 522
-
-
total
3 745
4 522
-
-
Income
238 000
238 000
238 000
238 000
Total tax
200 446
218 722
106 434
75 538
After tax
37 554
19 278
131 566
162 462
Living cost
21 586
21 586
21 586
21 586
Free-cash
15 968
-2 308
109 980
140 876

Estimated living cost  is ₽21586 per week

₽15820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1196
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.
₽4119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽217607
₽216015
₽227127
₽181907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 616
-
238 000
-
income
2 123
-
47 600
-
total
2 123
-
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%.

227 384
238 000
-
-
total
-
-
-
-
Dividends
227 384
238 000
-
-
withholding
11 369
11 900
-
-
total
11 369
11 900
-
-
Income
238 000
238 000
238 000
238 000
Total tax
13 492
11 900
47 600
2 380
After tax
224 508
226 100
190 400
235 620
Living cost
8 493
8 493
8 493
8 493
Free-cash
216 015
217 607
181 907
227 127

Estimated living cost  is ₽8493 per week

₽5263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽233
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148509
₽141833
₽118949
₽117018
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 853
health
-
-
-
6 617
pensions

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

-
-
-
36 090
other
-
-
-
7 142
total
-
-
-
92 702
Employee
35 905
-
199 713
-
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.

2 513
-
10 526
-
unemployment
358
-
1 503
-
income
6 181
-
42 210
-
health
503
-
2 106
-
total
9 555
-
56 345
-
Employer
35 905
-
199 713
-
health
503
-
2 106
-
pensions

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

6 104
-
25 564
-
accident
287
-
1 597
-
other
1 796
-
7 518
-
unemployment
358
-
1 503
-
total
9 048
-
38 288
-
Corporate
193 046
238 000
-
-
income
40 539
49 980
-
-
total
40 539
49 980
-
-
Dividends
152 507
188 020
-
-
withholding
10 676
13 162
-
-
total
10 676
13 162
-
-
Income
238 000
238 000
238 000
238 000
Total tax
69 818
63 142
94 633
92 702
After tax
168 182
174 858
143 367
145 298
Living cost
26 349
26 349
26 349
26 349
Free-cash
141 833
148 509
117 018
118 949

Estimated living cost  is ₽26349 per week

₽18617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82430
₽90450
₽86507
₽65312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 662
pensions
-
-
-
10 213
total
-
-
-
84 875
Employee
94 255
-
207 327
-
pensions
9 093
-
12 103
-
income
16 990
-
60 532
-
health
1 553
-
2 762
-
total
27 636
-
75 397
-
Employer
94 255
-
207 327
-
health
1 790
-
3 940
-
pensions
11 129
-
26 733
-
total
12 919
-
30 673
-
Corporate
130 826
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.

24 857
45 219
-
-
total
24 857
45 219
-
-
Dividends
105 969
192 781
-
-
withholding
15 520
43 733
-
-
total
15 520
43 733
-
-
Income
238 000
238 000
238 000
238 000
Total tax
80 932
88 952
106 070
84 875
After tax
157 068
149 048
131 930
153 125
Living cost
66 618
66 618
66 618
66 618
Free-cash
90 450
82 430
65 312
86 507

Estimated living cost  is ₽66618 per week

₽49918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8332
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽190446
₽185827
₽179978
₽189987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
income
-
-
-
35 700
health
-
-
-
3 996
pensions

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

-
-
-
5 143
total
-
-
-
44 978
Employee
17 272
-
231 182
-
pensions

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

1 516
-
3 051
-
income
1 727
-
23 119
-
health
794
-
1 599
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
total
4 227
-
28 151
-
Employer
17 272
-
231 182
-
health
1 192
-
2 398
-
pensions

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

1 904
-
3 829
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
unemployment
103
-
209
-
total
3 389
-
6 818
-
Corporate
217 339
238 000
-
-
income
21 733
23 800
-
-
total
21 733
23 800
-
-
Dividends
195 606
214 200
-
-
withholding
9 780
10 710
-
-
total
9 780
10 710
-
-
Income
238 000
238 000
238 000
238 000
Total tax
39 129
34 510
34 969
44 978
After tax
198 871
203 490
203 031
193 022
Living cost
13 044
13 044
13 044
13 044
Free-cash
185 827
190 446
189 987
179 978

Estimated living cost  is ₽13044 per week

₽7615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽346
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63949
₽66437
₽72121
₽97351
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
87 265
health
-
-
-
12 194
pensions
-
-
-
11 586
total
-
-
-
111 045
Employee
91 680
84 445
219 623
-
pensions
11 586
11 586
11 586
-
income

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

13 822
13 822
43 658
-
health
11 438
11 025
12 194
-
total
36 846
36 433
67 438
-
Employer
91 680
84 445
219 623
-
health
6 371
5 870
7 294
-
pensions
6 380
5 877
7 305
-
unemployment
3 301
3 040
3 778
-
total
16 052
14 787
18 377
-
Corporate
130 267
138 767
-
-
income
26 054
27 754
-
-
total
26 054
27 754
-
-
Dividends
104 213
111 013
-
-
income
22 145
23 590
-
-
withholding
15 632
16 653
-
-
total
37 777
40 243
-
-
Income
238 000
238 000
238 000
238 000
Total tax
116 729
119 217
85 815
111 045
After tax
121 271
118 783
152 185
126 955
Living cost
54 834
54 834
54 834
54 834
Free-cash
66 437
63 949
97 351
72 121

Estimated living cost  is ₽54834 per week

₽40449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽139239
₽130454
₽116811
₽106259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
3 436
income
-
-
-
25 566
health
-
-
-
32 130
social contributions
-
-
-
35 433
total
-
-
-
96 565
Employee
36 211
-
190 517
-
social contributions
2 354
-
7 887
-
income
4 345
-
23 537
-
solidarity contribution
-
-
2 490
-
health
4 889
-
25 720
-
total
11 588
-
59 634
-
Employer
36 211
-
190 517
-
social contributions
9 053
-
30 336
-
health
3 259
-
17 147
-
total
12 312
-
47 483
-
Corporate
189 477
238 000
-
-
income
36 001
45 220
-
-
total
36 001
45 220
-
-
Dividends
153 476
192 780
-
-
withholding
23 021
28 917
-
-
total
23 021
28 917
-
-
Income
238 000
238 000
238 000
238 000
Total tax
82 922
74 137
107 117
96 565
After tax
155 078
163 863
130 883
141 435
Living cost
24 624
24 624
24 624
24 624
Free-cash
130 454
139 239
106 259
116 811

Estimated living cost  is ₽24624 per week

₽17104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85256
₽80092
₽73947
₽65564
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 509
national
-
-
-
68 241
regional
-
-
-
3 084
social contributions
-
-
-
49 492
total
-
-
-
122 326
Employee
87 884
-
238 000
-
national
15 228
-
61 623
-
social contributions
29 635
-
64 886
-
municipal
465
-
1 385
-
regional
829
-
2 815
-
total
46 157
-
130 709
-
Employer
87 884
-
238 000
-
total
-
-
-
-
Corporate
150 116
238 000
-
-
municipal
5 855
9 281
-
-
nationa
36 028
57 121
-
-
total
41 883
66 402
-
-
Dividends
108 233
171 598
-
-
withholding
28 141
44 615
-
-
total
28 141
44 615
-
-
Income
238 000
238 000
238 000
238 000
Total tax
116 181
111 017
130 709
122 326
After tax
121 819
126 983
107 291
115 674
Living cost
41 727
41 727
41 727
41 727
Free-cash
80 092
85 256
65 564
73 947

Estimated living cost  is ₽41727 per week

₽29087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127881
₽124804
₽89961
₽83914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
225
income
-
-
-
77 018
health
-
-
-
9 370
surtax
-
-
-
13 209
pensions
-
-
-
26 396
other
-
-
-
-
total
-
-
-
126 218
Employee
32 701
-
210 219
-
pensions
2 181
-
8 803
-
unemployment
2 276
-
9 186
-
income
5 481
-
71 103
-
other
-
-
-
-
surtax
107
-
12 027
-
health
835
-
3 365
-
total
10 880
-
104 484
-
Employer
32 701
-
210 219
-
health
1 488
-
6 005
-
pensions
4 359
-
17 593
-
other
-
-
-
-
unemployment
1 036
-
4 183
-
total
6 883
-
27 781
-
Corporate
198 416
238 000
-
-
income
51 589
61 880
-
-
total
51 589
61 880
-
-
Dividends
146 827
176 120
-
-
withholding
22 023
26 418
-
-
total
22 023
26 418
-
-
Income
238 000
238 000
238 000
238 000
Total tax
91 375
88 298
132 265
126 218
After tax
146 625
149 702
105 735
111 782
Living cost
21 821
21 821
21 821
21 821
Free-cash
124 804
127 881
83 914
89 961

Estimated living cost  is ₽21821 per week

₽13342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103536
₽110116
₽107613
₽86418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 662
pensions
-
-
-
10 213
total
-
-
-
84 875
Employee
63 167
-
207 327
-
pensions
5 361
-
12 103
-
income
11 377
-
60 532
-
health
917
-
2 762
-
total
17 655
-
75 397
-
Employer
63 167
-
207 327
-
health
1 200
-
3 940
-
pensions
6 838
-
26 733
-
total
8 038
-
30 673
-
Corporate
166 795
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.

31 691
45 219
-
-
total
31 691
45 219
-
-
Dividends
135 104
192 781
-
-
withholding
24 988
43 733
-
-
total
24 988
43 733
-
-
Income
238 000
238 000
238 000
238 000
Total tax
82 372
88 952
106 070
84 875
After tax
155 628
149 048
131 930
153 125
Living cost
45 512
45 512
45 512
45 512
Free-cash
110 116
103 536
86 418
107 613

Estimated living cost  is ₽45512 per week

₽34097
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31415
₽64538
₽110668
₽102545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 509
national
-
-
-
6 610
regional
-
-
-
13 606
health
-
-
-
535
pensions
-
-
-
21 897
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.

-
-
-
4 760
total
-
-
-
49 917
Employee
90 595
-
214 472
-
national
429
-
5 477
-
city
972
-
2 322
-
pensions
7 611
-
16 396
-
unemployment
-
-
-
-
health
205
-
483
-
regional
2 967
-
12 194
-
total
12 184
-
36 872
-
Employer
90 595
-
214 472
-
health
205
-
483
-
pensions
7 611
-
16 396
-
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.

1 811
-
4 289
-
unemployment
-
-
-
-
total
9 627
-
21 168
-
Corporate
136 781
238 000
-
-
national
11 626
20 231
-
-
regional
28 930
50 338
-
-
total
40 556
70 569
-
-
Dividends
96 226
167 431
-
-
withholding
33 680
58 601
-
-
total
33 680
58 601
-
-
Income
238 000
238 000
238 000
238 000
Total tax
96 047
129 170
58 040
49 917
After tax
141 953
108 830
179 960
188 083
Living cost
77 415
77 415
77 415
77 415
Free-cash
64 538
31 415
102 545
110 668

Estimated living cost  is ₽77415 per week

₽50342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6947
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽950
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽72185
₽88221
₽67931
₽100863
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
32 932
income

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

-
-
-
80 645
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.

-
-
-
6 756
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.

-
-
-
4 436
total
-
-
-
124 769
Employee

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

59 429
-
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.

6 988
-
80 645
-
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.

385
-
4 436
-
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.

6 756
-
6 756
-
total
14 129
-
91 837
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 571
238 000
-
-
income
26 786
35 700
-
-
surtax

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

1 473
1 963
-
-
trade
30 625
40 817
-
-
chamber of commerce
402
486
-
-
total
59 286
78 966
-
-
Dividends
119 285
159 034
-
-
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.

1 619
2 166
-
-
withholding
29 445
39 383
-
-
total
31 064
41 549
-
-
Income
238 000
238 000
238 000
238 000
Total tax
104 479
120 515
91 837
124 769
After tax
133 521
117 485
146 163
113 231
Living cost
45 300
45 300
45 300
45 300
Free-cash
88 221
72 185
100 863
67 931

Estimated living cost  is ₽45300 per week

₽33086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86120
₽91958
₽95057
₽87099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 538
health
-
-
-
12 055
surtax
-
-
-
-
pensions
-
-
-
36 357
other
-
-
-
7 379
social contributions
-
-
-
6 782
total
-
-
-
109 111
Employee
42 322
-
180 861
-
pensions
4 785
-
13 962
-
social contributions
1 207
-
5 153
-
income
2 498
-
40 814
-
surtax
-
-
-
-
total
8 490
-
59 929
-
Employer
42 322
-
180 861
-
social contributions
128
-
542
-
health
2 963
-
18 373
-
pensions
6 953
-
23 255
-
other
1 460
-
7 646
-
unemployment
1 713
-
7 324
-
total
13 217
-
57 140
-
Corporate
182 461
238 000
-
-
income
51 089
66 640
-
-
surtax
-
-
-
-
total
51 089
66 640
-
-
Dividends
131 372
171 360
-
-
social contributions
22 598
29 475
-
-
surtax
-
-
-
-
withholding
16 816
21 933
-
-
total
39 414
51 408
-
-
Income
238 000
238 000
238 000
238 000
Total tax
112 210
118 048
117 069
109 111
After tax
125 790
119 952
120 931
128 889
Living cost
33 832
33 832
33 832
33 832
Free-cash
91 958
86 120
87 099
95 057

Estimated living cost  is ₽33832 per week

₽21333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89472
₽94965
₽98409
₽90451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 538
health
-
-
-
12 055
surtax
-
-
-
-
pensions
-
-
-
36 357
other
-
-
-
7 379
social contributions
-
-
-
6 782
total
-
-
-
109 111
Employee
37 778
-
180 861
-
pensions
4 273
-
13 962
-
social contributions
1 077
-
5 153
-
income
1 948
-
40 814
-
surtax
-
-
-
-
total
7 298
-
59 929
-
Employer
37 778
-
180 861
-
social contributions
113
-
542
-
health
2 644
-
18 373
-
pensions
6 208
-
23 255
-
other
1 304
-
7 646
-
unemployment
1 529
-
7 324
-
total
11 798
-
57 140
-
Corporate
188 424
238 000
-
-
income
52 760
66 640
-
-
surtax
-
-
-
-
total
52 760
66 640
-
-
Dividends
135 664
171 360
-
-
social contributions
23 333
29 475
-
-
surtax
-
-
-
-
withholding
17 366
21 933
-
-
total
40 699
51 408
-
-
Income
238 000
238 000
238 000
238 000
Total tax
112 555
118 048
117 069
109 111
After tax
125 445
119 952
120 931
128 889
Living cost
30 480
30 480
30 480
30 480
Free-cash
94 965
89 472
90 451
98 409

Estimated living cost  is ₽30480 per week

₽17677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124233
₽124745
₽131874
₽125091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
16 613
social contributions
-
-
-
32 844
total
-
-
-
85 157
Employee
33 528
-
238 000
-
social contributions
4 628
-
32 844
-
income
5 592
-
42 483
-
health
2 340
-
16 613
-
total
12 560
-
91 940
-
Employer
33 528
-
238 000
-
total
-
-
-
-
Corporate
204 472
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%.

10 224
11 899
-
-
total
10 224
11 899
-
-
Dividends
194 248
226 101
-
-
social contributions
26 807
31 202
-
-
health
13 558
15 782
-
-
withholding
29 137
33 915
-
-
total
69 502
80 899
-
-
Income
238 000
238 000
238 000
238 000
Total tax
92 286
92 798
91 940
85 157
After tax
145 714
145 202
146 060
152 843
Living cost
20 969
20 969
20 969
20 969
Free-cash
124 745
124 233
125 091
131 874

Estimated living cost  is ₽20969 per week

₽14033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1293
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96231
₽94703
₽86828
₽27216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 065
income
-
-
-
78 908
chamber of commerce
-
-
-
951
health
-
-
-
8 837
surtax
-
-
-
195
pensions
-
-
-
21 372
total
-
-
-
116 328
Employee
49 419
39 408
198 502
-
pensions
5 061
4 035
11 830
-
unemployment
1 482
1 182
3 466
-
income
5 626
2 907
66 834
-
other
494
394
1 156
-
health
1 912
1 526
4 470
-
total
14 575
10 044
87 756
-
Employer
49 419
39 408
198 502
-
chamber of commerce
197
158
794
-
health
1 867
1 490
4 367
-
payroll
1 482
1 182
5 954
-
pensions
6 202
4 947
14 498
-
surtax
195
195
195
-
accident
642
512
1 501
-
other
2 348
1 871
8 722
-
unemployment
1 482
1 182
3 466
-
total
14 415
11 537
39 497
-
Corporate
174 165
187 055
194 749
-
income

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

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

43 542
46 764
48 687
-
total
43 542
46 764
48 687
-
Dividends
130 623
140 291
-
-
withholding
35 921
38 580
-
-
total
35 921
38 580
-
-
Income
238 000
238 000
238 000
238 000
Total tax
108 453
106 925
175 940
116 328
After tax
129 547
131 075
62 060
121 672
Living cost
34 844
34 844
34 844
34 844
Free-cash
94 703
96 231
27 216
86 828

Estimated living cost  is ₽34844 per week

₽23239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2972
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93683
₽82088
₽67540
₽44176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
96 951
communal

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

-
-
-
12 800
social contributions
-
-
-
24 654
total
-
-
-
134 405
Employee

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

70 734
-
184 340
-
national
21 747
-
70 401
-
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.

5 305
-
13 825
-
communal

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

3 689
-
9 615
-
unemployment

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

616
-
1 604
-
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.

3 323
-
8 664
-
total
34 680
-
104 109
-
Employer

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

70 734
-
184 340
-
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.

4 350
-
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.

6 268
-
16 332
-
surtax
8 020
-
20 905
-
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.

920
-
2 396
-
unemployment

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

1 032
-
2 691
-
total
20 590
-
53 660
-
Corporate
146 676
238 000
-
-
income
29 334
52 131
-
-
surtax
587
1 043
-
-
total
29 921
53 174
-
-
Dividends
116 754
184 826
-
-
withholding

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

34 666
55 088
-
-
total
34 666
55 088
-
-
Income
238 000
238 000
238 000
238 000
Total tax
119 857
108 262
157 769
134 405
After tax
118 143
129 738
80 231
103 595
Living cost
36 055
36 055
36 055
36 055
Free-cash
82 088
93 683
44 176
67 540

Estimated living cost  is ₽36055 per week

₽23224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122160
₽115387
₽97137
₽92988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
642
accident
-
-
-
826
income
-
-
-
77 653
pensions
-
-
-
25 938
other
-
-
-
92
total
-
-
-
105 151
Employee
49 223
-
208 780
-
pensions
2 314
-
4 309
-
unemployment
764
-
1 421
-
income
10 386
-
74 258
-
other
49
-
92
-
total
13 513
-
80 080
-
Employer
49 223
-
208 780
-
pensions
11 616
-
21 631
-
accident
974
-
1 815
-
other
392
-
734
-
unemployment
2 708
-
5 040
-
total
15 690
-
29 220
-
Corporate
173 087
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.

25 962
35 700
-
-
total
25 962
35 700
-
-
Dividends
147 125
202 300
-
-
withholding
31 736
44 428
-
-
total
31 736
44 428
-
-
Income
238 000
238 000
238 000
238 000
Total tax
86 901
80 128
109 300
105 151
After tax
151 099
157 872
128 700
132 849
Living cost
35 712
35 712
35 712
35 712
Free-cash
115 387
122 160
92 988
97 137

Estimated living cost  is ₽35712 per week

₽26298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79679
₽66081
₽57141
₽66273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 982
income
-
-
-
46 491
communal
-
-
-
15 043
health
-
-
-
16 519
surtax
-
-
-
11 845
pensions
-
-
-
35 240
total
-
-
-
127 120
Employee
74 886
-
212 595
-
pensions
5 990
-
17 007
-
income
7 233
-
53 087
-
surtax
4 590
-
13 029
-
health
3 333
-
9 460
-
total
21 146
-
92 583
-
Employer
74 886
-
212 595
-
health
2 284
-
6 484
-
pensions
5 990
-
17 007
-
accident
674
-
1 914
-
total
8 948
-
25 405
-
Corporate
154 166
238 000
-
-
income
23 125
35 700
-
-
surtax
1 619
2 500
-
-
communal
10 406
16 065
-
-
total
35 150
54 265
-
-
Dividends
119 017
183 735
-
-
income
35 084
22 756
-
-
withholding
17 852
27 561
-
-
total
52 936
50 317
-
-
Income
238 000
238 000
238 000
238 000
Total tax
118 180
104 582
117 988
127 120
After tax
119 820
133 418
120 012
110 880
Living cost
53 739
53 739
53 739
53 739
Free-cash
66 081
79 679
66 273
57 141

Estimated living cost  is ₽53739 per week

₽40312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127491
₽124345
₽89571
₽83524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
225
income
-
-
-
77 018
health
-
-
-
9 370
surtax
-
-
-
13 209
pensions
-
-
-
26 396
other
-
-
-
-
total
-
-
-
126 218
Employee
33 302
-
210 219
-
pensions
2 222
-
8 803
-
unemployment
2 318
-
9 186
-
income
5 583
-
71 103
-
other
-
-
-
-
surtax
118
-
12 027
-
health
850
-
3 365
-
total
11 091
-
104 484
-
Employer
33 302
-
210 219
-
health
1 514
-
6 005
-
pensions
4 440
-
17 593
-
other
-
-
-
-
unemployment
1 057
-
4 183
-
total
7 011
-
27 781
-
Corporate
197 688
238 000
-
-
income
51 399
61 880
-
-
total
51 399
61 880
-
-
Dividends
146 289
176 120
-
-
withholding
21 943
26 418
-
-
total
21 943
26 418
-
-
Income
238 000
238 000
238 000
238 000
Total tax
91 444
88 298
132 265
126 218
After tax
146 556
149 702
105 735
111 782
Living cost
22 211
22 211
22 211
22 211
Free-cash
124 345
127 491
83 524
89 571

Estimated living cost  is ₽22211 per week

₽13410
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98460
₽96265
₽88293
₽79954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 509
national
-
-
-
68 241
regional
-
-
-
3 827
social contributions
-
-
-
49 492
total
-
-
-
123 069
Employee
54 854
-
238 000
-
national
8 690
-
61 623
-
social contributions
18 497
-
64 886
-
municipal
291
-
1 385
-
regional
738
-
3 514
-
total
28 216
-
131 408
-
Employer
54 854
-
238 000
-
total
-
-
-
-
Corporate
183 146
238 000
-
-
municipal
9 103
11 828
-
-
nationa
43 955
57 121
-
-
total
53 058
68 949
-
-
Dividends
130 088
169 051
-
-
withholding
33 823
43 953
-
-
total
33 823
43 953
-
-
Income
238 000
238 000
238 000
238 000
Total tax
115 097
112 902
131 408
123 069
After tax
122 903
125 098
106 592
114 931
Living cost
26 638
26 638
26 638
26 638
Free-cash
96 265
98 460
79 954
88 293

Estimated living cost  is ₽26638 per week

₽16566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2698
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.
₽6917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133520
₽122695
₽111092
₽100540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
3 436
income
-
-
-
25 566
health
-
-
-
32 130
social contributions
-
-
-
35 433
total
-
-
-
96 565
Employee
44 622
-
190 517
-
social contributions
2 900
-
7 887
-
income
5 355
-
23 537
-
solidarity contribution
-
-
2 490
-
health
6 024
-
25 720
-
total
14 279
-
59 634
-
Employer
44 622
-
190 517
-
social contributions
11 156
-
30 336
-
health
4 016
-
17 147
-
total
15 172
-
47 483
-
Corporate
178 207
238 000
-
-
income
33 859
45 220
-
-
total
33 859
45 220
-
-
Dividends
144 347
192 780
-
-
withholding
21 652
28 917
-
-
total
21 652
28 917
-
-
Income
238 000
238 000
238 000
238 000
Total tax
84 962
74 137
107 117
96 565
After tax
153 038
163 863
130 883
141 435
Living cost
30 343
30 343
30 343
30 343
Free-cash
122 695
133 520
100 540
111 092

Estimated living cost  is ₽30343 per week

₽22565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99633
₽99143
₽90319
₽30556
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 065
income
-
-
-
78 908
chamber of commerce
-
-
-
951
health
-
-
-
8 837
surtax
-
-
-
-
pensions
-
-
-
21 372
total
-
-
-
116 133
Employee
43 226
39 408
198 682
-
pensions
4 427
4 035
11 830
-
unemployment
1 297
1 182
3 466
-
income
3 851
2 907
66 924
-
other
432
394
1 156
-
health
1 672
1 526
4 470
-
total
11 679
10 044
87 846
-
Employer
43 226
39 408
198 682
-
chamber of commerce
173
158
796
-
health
1 634
1 490
4 367
-
payroll
1 297
1 182
5 960
-
pensions
5 425
4 947
14 498
-
surtax
-
-
-
-
accident
561
512
1 501
-
other
2 053
1 871
8 730
-
unemployment
1 297
1 182
3 466
-
total
12 440
11 342
39 318
-
Corporate
182 334
187 250
194 929
-
income

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

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

45 584
46 813
48 732
-
total
45 584
46 813
48 732
-
Dividends
136 751
140 438
-
-
withholding
37 606
38 620
-
-
total
37 606
38 620
-
-
Income
238 000
238 000
238 000
238 000
Total tax
107 309
106 819
175 896
116 133
After tax
130 691
131 181
62 104
121 867
Living cost
31 548
31 548
31 548
31 548
Free-cash
99 143
99 633
30 556
90 319

Estimated living cost  is ₽31548 per week

₽18925
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽212866
₽210384
₽222386
₽177166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 543
-
238 000
-
income
3 309
-
47 600
-
total
3 309
-
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%.

221 457
238 000
-
-
total
-
-
-
-
Dividends
221 457
238 000
-
-
withholding
11 073
11 900
-
-
total
11 073
11 900
-
-
Income
238 000
238 000
238 000
238 000
Total tax
14 382
11 900
47 600
2 380
After tax
223 618
226 100
190 400
235 620
Living cost
13 234
13 234
13 234
13 234
Free-cash
210 384
212 866
177 166
222 386

Estimated living cost  is ₽13234 per week

₽8956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽556
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.
₽3279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137339
₽129069
₽82332
₽77162
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
357
income
-
-
-
61 903
health
-
-
-
23 419
pensions
-
-
-
43 465
total
-
-
-
129 144
Employee

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

43 728
-
205 935
-
pensions
6 778
-
31 920
-
unemployment
62
-
289
-
income
7 541
-
56 735
-
health
2 824
-
13 305
-
total
17 205
-
102 249
-
Employer

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

43 728
-
205 935
-
health
2 912
-
13 716
-
pensions
3 869
-
18 225
-
unemployment
26
-
124
-
total
6 807
-
32 065
-
Corporate
187 464
238 000
-
-
income
35 619
45 219
-
-
total
35 619
45 219
-
-
Dividends
151 845
192 781
-
-
withholding
22 776
28 918
-
-
total
22 776
28 918
-
-
Income
238 000
238 000
238 000
238 000
Total tax
82 407
74 137
134 314
129 144
After tax
155 593
163 863
103 686
108 856
Living cost
26 524
26 524
26 524
26 524
Free-cash
129 069
137 339
77 162
82 332

Estimated living cost  is ₽26524 per week

₽18203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1700
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.
₽6108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98200
₽46828
₽117878
₽177193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
66 817
-
-
-
social contributions
5 479
-
781
-
income
14 739
-
-
-
total
20 218
-
781
-
Employer
66 817
-
-
-
social contributions
94 212
-
13 427
-
total
94 212
-
13 427
-
Corporate
76 971
238 000
-
-
income
16 934
52 360
-
-
total
16 934
52 360
-
-
Dividends
60 037
185 640
-
-
income
13 208
40 841
-
-
total
13 208
40 841
-
-
Income
238 000
238 000
238 000
238 000
Total tax
144 572
93 201
14 208
73 523
After tax
93 428
144 799
223 792
164 477
Living cost
46 600
46 600
46 600
46 600
Free-cash
46 828
98 200
177 193
117 878

Estimated living cost  is ₽46600 per week

₽30236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104357
₽103360
₽92347
₽73182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 929
surtax
-
-
-
-
social contributions

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

-
-
-
82 706
total
-
-
-
114 635
Employee
45 480
-
192 323
-
social contributions
5 003
-
21 156
-
income
9 460
-
66 442
-
surtax
-
-
525
-
total
14 463
-
88 123
-
Employer
45 480
-
192 323
-
social contributions
10 801
-
45 677
-
total
10 801
-
45 677
-
Corporate
181 718
238 000
-
-
income
38 162
49 980
-
-
surtax
-
-
-
-
total
38 162
49 980
-
-
Dividends
143 557
188 020
-
-
withholding
40 196
52 645
-
-
total
40 196
52 645
-
-
Income
238 000
238 000
238 000
238 000
Total tax
103 622
102 625
133 800
114 635
After tax
134 378
135 375
104 200
123 365
Living cost
31 018
31 018
31 018
31 018
Free-cash
103 360
104 357
73 182
92 347

Estimated living cost  is ₽31018 per week

₽23207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1830
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5463
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72191
₽78987
₽81128
₽73170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
46 538
health
-
-
-
12 055
surtax
-
-
-
-
pensions
-
-
-
36 357
other
-
-
-
7 379
social contributions
-
-
-
6 782
total
-
-
-
109 111
Employee
61 935
-
180 861
-
pensions
7 005
-
13 962
-
social contributions
1 764
-
5 153
-
income
5 404
-
40 814
-
surtax
-
-
-
-
total
14 173
-
59 929
-
Employer
61 935
-
180 861
-
social contributions
186
-
542
-
health
4 335
-
18 373
-
pensions
10 177
-
23 255
-
other
2 137
-
7 646
-
unemployment
2 509
-
7 324
-
total
19 344
-
57 140
-
Corporate
156 722
238 000
-
-
income
43 882
66 640
-
-
surtax
-
-
-
-
total
43 882
66 640
-
-
Dividends
112 840
171 360
-
-
social contributions
19 409
29 475
-
-
surtax
-
-
-
-
withholding
14 444
21 933
-
-
total
33 853
51 408
-
-
Income
238 000
238 000
238 000
238 000
Total tax
111 252
118 048
117 069
109 111
After tax
126 748
119 952
120 931
128 889
Living cost
47 761
47 761
47 761
47 761
Free-cash
78 987
72 191
73 170
81 128

Estimated living cost  is ₽47761 per week

₽32324
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽184475
₽181153
₽143355
₽149681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 560
social contributions
-
-
-
52 360
total
-
-
-
64 920
Employee
31 791
-
206 059
-
social contributions
2 066
-
13 393
-
income
-
-
13 262
-
total
2 066
-
26 655
-
Employer
31 791
-
206 059
-
social contributions
4 928
-
31 939
-
total
4 928
-
31 939
-
Corporate
201 281
238 000
-
-
income
20 128
23 800
-
-
total
20 128
23 800
-
-
Dividends
181 153
214 200
-
-
total
-
-
-
-
Income
238 000
238 000
238 000
238 000
Total tax
27 122
23 800
58 594
64 920
After tax
210 878
214 200
179 406
173 080
Living cost
29 725
29 725
29 725
29 725
Free-cash
181 153
184 475
149 681
143 355

Estimated living cost  is ₽29725 per week

₽19220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2241
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.
₽7705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22965
₽12423
₽89128
₽22965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
51 482
national
-
-
-
30 031
labour market
-
-
-
18 972
pensions
-
-
-
855
total
-
-
-
101 340
Employee
200 620
200 620
200 620
-
national
24 509
24 509
24 509
-
pensions
285
285
285
-
municipal
42 721
42 721
42 721
-
labour market
16 027
16 027
16 027
-
total
83 542
83 542
83 542
-
Employer
200 620
200 620
200 620
-
municipal
42 789
42 789
42 789
-
labour market
16 050
16 050
16 050
-
national
24 552
24 552
24 552
-
pensions
570
570
570
-
total
83 961
83 961
83 961
-
Corporate
22 965
-
-
-
income
5 052
-
-
-
total
5 052
-
-
-
Dividends
17 913
-
-
-
withholding
5 490
-
-
-
total
5 490
-
-
-
Income
238 000
238 000
238 000
238 000
Total tax
178 045
167 503
167 503
101 340
After tax
59 955
70 497
70 497
136 660
Living cost
47 532
47 532
47 532
47 532
Free-cash
12 423
22 965
22 965
89 128

Estimated living cost  is ₽47532 per week

₽32531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽731
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1989
₽16014
₽141195
₽110299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
248
income
-
-
-
68 704
health
-
-
-
2 140
pensions
-
-
-
4 082
other
-
-
-
364
total
-
-
-
75 538
Employee
33 455
-
218 201
-
pensions
3 767
-
7 486
-
income
4 590
-
54 164
-
health
3 831
-
24 984
-
total
12 188
-
86 634
-
Employer
33 455
-
218 201
-
pensions
5 440
-
10 810
-
accident
559
-
3 644
-
unemployment
820
-
5 346
-
total
6 819
-
19 800
-
Corporate
197 727
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.

177 955
214 200
-
-
total
177 955
214 200
-
-
Dividends
19 773
23 800
-
-
withholding
3 757
4 522
-
-
total
3 757
4 522
-
-
Income
238 000
238 000
238 000
238 000
Total tax
200 719
218 722
106 434
75 538
After tax
37 281
19 278
131 566
162 462
Living cost
21 267
21 267
21 267
21 267
Free-cash
16 014
-1 989
110 299
141 195

Estimated living cost  is ₽21267 per week

₽15480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1212
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107206
₽110262
₽106270
₽79010
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
42 255
national
-
-
-
48 258
health
-
-
-
3 252
total
-
-
-
93 765
Employee
52 026
-
200 217
-
national
859
-
31 470
-
pensions
3 511
-
13 515
-
unemployment
781
-
3 002
-
municipal
8 521
-
32 585
-
health
388
-
2 670
-
total
14 060
-
83 242
-
Employer
52 026
-
200 217
-
health
400
-
1 543
-
pensions
9 026
-
34 737
-
accident
53
-
201
-
unemployment
338
-
1 302
-
total
9 817
-
37 783
-
Corporate
176 157
238 000
-
-
income
35 231
47 601
-
-
total
35 231
47 601
-
-
Dividends

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

105 695
142 799
-
-
municipal
19 025
25 703
-
-
national
11 640
19 525
-
-
total
30 665
45 228
-
-
Income
238 000
238 000
238 000
238 000
Total tax
89 773
92 829
121 025
93 765
After tax
148 227
145 171
116 975
144 235
Living cost
37 965
37 965
37 965
37 965
Free-cash
110 262
107 206
79 010
106 270

Estimated living cost  is ₽37965 per week

₽24799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150521
₽145139
₽136582
₽134663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 454
health
-
-
-
6 069
social contributions
-
-
-
16 000
total
-
-
-
78 523
Employee
76 039
76 039
225 320
-
social contributions
2 875
6 311
8 512
-
income
8 279
7 039
55 420
-
health
589
1 293
3 830
-
total
11 743
14 643
67 762
-
Employer
76 039
76 039
225 320
-
social contributions
2 875
6 311
8 512
-
health
640
1 407
4 168
-
total
3 515
7 718
12 680
-
Corporate
199 847
154 243
-
-
income
24 981
19 280
-
-
total
24 981
19 280
-
-
Dividends
174 866
134 963
-
-
withholding
29 727
22 943
-
-
total
29 727
22 943
-
-
Income
238 000
238 000
238 000
238 000
Total tax
69 966
64 584
80 442
78 523
After tax
168 034
173 416
157 558
159 477
Living cost
22 895
22 895
22 895
22 895
Free-cash
145 139
150 521
134 663
136 582

Estimated living cost  is ₽22895 per week

₽13721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽181389
₽176355
₽187660
₽167827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
28
income
-
-
-
24 743
health
-
-
-
3 579
pensions
-
-
-
6 290
total
-
-
-
34 640
Employee

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

22 698
-
228 336
-
pensions
3 404
-
14 074
-
unemployment
113
-
469
-
income
1 552
-
22 290
-
health
1 929
-
7 975
-
total
6 998
-
44 808
-
Employer

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

22 698
-
228 336
-
health
976
-
4 035
-
pensions
1 248
-
5 161
-
unemployment
113
-
469
-
total
2 337
-
9 665
-
Corporate
212 966
238 000
-
-
income
19 167
21 419
-
-
total
19 167
21 419
-
-
Dividends
193 799
216 581
-
-
withholding
17 443
19 492
-
-
total
17 443
19 492
-
-
Income
238 000
238 000
238 000
238 000
Total tax
45 945
40 911
54 473
34 640
After tax
192 055
197 089
183 527
203 360
Living cost
15 700
15 700
15 700
15 700
Free-cash
176 355
181 389
167 827
187 660

Estimated living cost  is ₽15700 per week

₽10017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
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.
₽4083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130679
₽126312
₽105656
₽101507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
642
accident
-
-
-
826
income
-
-
-
77 653
pensions
-
-
-
25 938
other
-
-
-
92
total
-
-
-
105 151
Employee
36 564
-
208 780
-
pensions
1 719
-
4 309
-
unemployment
567
-
1 421
-
income
7 049
-
74 258
-
other
36
-
92
-
total
9 371
-
80 080
-
Employer
36 564
-
208 780
-
pensions
8 628
-
21 631
-
accident
724
-
1 815
-
other
293
-
734
-
unemployment
2 012
-
5 040
-
total
11 657
-
29 220
-
Corporate
189 779
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.

28 467
35 700
-
-
total
28 467
35 700
-
-
Dividends
161 311
202 300
-
-
withholding
35 000
44 428
-
-
total
35 000
44 428
-
-
Income
238 000
238 000
238 000
238 000
Total tax
84 495
80 128
109 300
105 151
After tax
153 505
157 872
128 700
132 849
Living cost
27 193
27 193
27 193
27 193
Free-cash
126 312
130 679
101 507
105 656

Estimated living cost  is ₽27193 per week

₽18355
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.
₽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.
₽5748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146839
₽146566
₽152044
₽151926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 177
health
-
-
-
885
pensions
-
-
-
1 221
total
-
-
-
84 283
Employee
2 549
-
236 627
-
pensions
229
-
549
-
unemployment
25
-
61
-
income
493
-
82 113
-
health
127
-
305
-
total
874
-
83 028
-
Employer
2 549
-
236 627
-
health
242
-
580
-
pensions
280
-
671
-
unemployment
51
-
122
-
total
573
-
1 373
-
Corporate
234 878
238 000
-
-
income
51 673
52 360
-
-
total
51 673
52 360
-
-
Dividends
183 205
185 640
-
-
withholding
36 641
37 128
-
-
total
36 641
37 128
-
-
Income
238 000
238 000
238 000
238 000
Total tax
89 761
89 488
84 401
84 283
After tax
148 239
148 512
153 599
153 717
Living cost
1 673
1 673
1 673
1 673
Free-cash
146 566
146 839
151 926
152 044

Estimated living cost  is ₽1673 per week

₽994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154876
₽150017
₽137957
₽137958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 095
income
-
-
-
55 375
health
-
-
-
7 518
pensions
-
-
-
18 976
total
-
-
-
82 964
Employee

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

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

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

25 754
-
224 936
-
pensions
3 606
-
10 218
-
unemployment
193
-
547
-
income
3 550
-
55 375
-
health
1 326
-
3 759
-
total
8 675
-
69 899
-
Employer

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

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

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

25 754
-
224 936
-
health
1 326
-
3 759
-
pensions
3 091
-
8 758
-
unemployment
193
-
547
-
total
4 610
-
13 064
-
Corporate
207 636
238 000
-
-
income
31 145
35 700
-
-
total
31 145
35 700
-
-
Dividends
176 490
202 300
-
-
withholding
26 474
30 345
-
-
total
26 474
30 345
-
-
Income
238 000
238 000
238 000
238 000
Total tax
70 904
66 045
82 963
82 964
After tax
167 096
171 955
155 037
155 036
Living cost
17 079
17 079
17 079
17 079
Free-cash
150 017
154 876
137 958
137 957

Estimated living cost  is ₽17079 per week

₽11499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108716
₽108360
₽96706
₽77541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 929
surtax
-
-
-
-
social contributions

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

-
-
-
82 706
total
-
-
-
114 635
Employee
38 380
-
192 323
-
social contributions
4 222
-
21 156
-
income
7 499
-
66 442
-
surtax
-
-
525
-
total
11 721
-
88 123
-
Employer
38 380
-
192 323
-
social contributions
9 114
-
45 677
-
total
9 114
-
45 677
-
Corporate
190 505
238 000
-
-
income
40 006
49 980
-
-
surtax
-
-
-
-
total
40 006
49 980
-
-
Dividends
150 499
188 020
-
-
withholding
42 140
52 645
-
-
total
42 140
52 645
-
-
Income
238 000
238 000
238 000
238 000
Total tax
102 981
102 625
133 800
114 635
After tax
135 019
135 375
104 200
123 365
Living cost
26 659
26 659
26 659
26 659
Free-cash
108 360
108 716
77 541
96 706

Estimated living cost  is ₽26659 per week

₽18882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123119
₽116648
₽98096
₽93947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
642
accident
-
-
-
826
income
-
-
-
77 653
pensions
-
-
-
25 938
other
-
-
-
92
total
-
-
-
105 151
Employee
47 758
-
208 780
-
pensions
2 244
-
4 309
-
unemployment
739
-
1 421
-
income
9 975
-
74 258
-
other
47
-
92
-
total
13 005
-
80 080
-
Employer
47 758
-
208 780
-
pensions
11 271
-
21 631
-
accident
946
-
1 815
-
other
383
-
734
-
unemployment
2 627
-
5 040
-
total
15 227
-
29 220
-
Corporate
175 016
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.

26 253
35 700
-
-
total
26 253
35 700
-
-
Dividends
148 763
202 300
-
-
withholding
32 114
44 428
-
-
total
32 114
44 428
-
-
Income
238 000
238 000
238 000
238 000
Total tax
86 599
80 128
109 300
105 151
After tax
151 401
157 872
128 700
132 849
Living cost
34 753
34 753
34 753
34 753
Free-cash
116 648
123 119
93 947
98 096

Estimated living cost  is ₽34753 per week

₽24958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2702
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽186376
₽180312
₽175908
₽185917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
income
-
-
-
35 700
health
-
-
-
3 996
pensions

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

-
-
-
5 143
total
-
-
-
44 978
Employee
22 661
-
231 182
-
pensions

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

1 989
-
3 051
-
income
2 267
-
23 119
-
health
1 043
-
1 599
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
total
5 548
-
28 151
-
Employer
22 661
-
231 182
-
health
1 564
-
2 398
-
pensions

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

2 497
-
3 829
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
unemployment
136
-
209
-
total
4 446
-
6 818
-
Corporate
210 893
238 000
-
-
income
21 090
23 800
-
-
total
21 090
23 800
-
-
Dividends
189 803
214 200
-
-
withholding
9 490
10 710
-
-
total
9 490
10 710
-
-
Income
238 000
238 000
238 000
238 000
Total tax
40 574
34 510
34 969
44 978
After tax
197 426
203 490
203 031
193 022
Living cost
17 114
17 114
17 114
17 114
Free-cash
180 312
186 376
185 917
175 908

Estimated living cost  is ₽17114 per week

₽11319
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84204
₽97141
₽80431
₽107986
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
27 555
income

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

-
-
-
80 645
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.

-
-
-
6 756
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.

-
-
-
4 436
total
-
-
-
119 392
Employee

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

49 202
-
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.

4 046
-
80 645
-
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.

223
-
4 436
-
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.

6 756
-
6 756
-
total
11 025
-
91 837
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
188 798
238 000
-
-
income
28 319
35 700
-
-
surtax

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

1 558
1 963
-
-
trade
27 092
34 153
-
-
chamber of commerce
428
499
-
-
total
57 397
72 315
-
-
Dividends
131 401
165 685
-
-
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.

1 786
2 258
-
-
withholding
32 474
41 046
-
-
total
34 260
43 304
-
-
Income
238 000
238 000
238 000
238 000
Total tax
102 682
115 619
91 837
119 392
After tax
135 318
122 381
146 163
118 608
Living cost
38 177
38 177
38 177
38 177
Free-cash
97 141
84 204
107 986
80 431

Estimated living cost  is ₽38177 per week

₽26336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110271
₽112454
₽61630
₽61630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
78 855
social contributions
-
-
-
41 185
total
-
-
-
120 040
Employee
77 351
-
238 000
-
social contributions
6 426
-
41 185
-
income
14 596
-
78 855
-
total
21 022
-
120 040
-
Employer
77 351
-
238 000
-
total
-
-
-
-
Corporate
160 649
238 000
-
-
income
20 081
29 749
-
-
total
20 081
29 749
-
-
Dividends
140 567
208 251
-
-
withholding
28 113
41 650
-
-
total
28 113
41 650
-
-
Income
238 000
238 000
238 000
238 000
Total tax
69 216
71 399
120 040
120 040
After tax
168 784
166 601
117 960
117 960
Living cost
56 330
56 330
56 330
56 330
Free-cash
112 454
110 271
61 630
61 630

Estimated living cost  is ₽56330 per week

₽42855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4590
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.
₽8347
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113579
₽117036
₽160290
₽129432
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
6 114
total
-
-
-
41 814
Employee
45 363
-
233 451
-
social contributions
4 545
-
4 549
-
income
4 922
-
63 574
-
total
9 467
-
68 123
-
Employer
45 363
-
233 451
-
social contributions
4 545
-
4 549
-
total
4 545
-
4 549
-
Corporate
188 092
238 000
-
-
income
65 832
83 301
-
-
total
65 832
83 301
-
-
Dividends
122 260
154 699
-
-
social contributions
5 224
5 224
-
-
total
5 224
5 224
-
-
Income
238 000
238 000
238 000
238 000
Total tax
85 068
88 525
72 672
41 814
After tax
152 932
149 475
165 328
196 186
Living cost
35 896
35 896
35 896
35 896
Free-cash
117 036
113 579
129 432
160 290

Estimated living cost  is ₽35896 per week

₽23645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2830
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112048
₽117946
₽116125
₽94930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
74 662
pensions
-
-
-
10 213
total
-
-
-
84 875
Employee
50 787
-
207 327
-
pensions
3 876
-
12 103
-
income
9 249
-
60 532
-
health
663
-
2 762
-
total
13 788
-
75 397
-
Employer
50 787
-
207 327
-
health
965
-
3 940
-
pensions
5 131
-
26 733
-
total
6 096
-
30 673
-
Corporate
181 116
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.

34 413
45 219
-
-
total
34 413
45 219
-
-
Dividends
146 703
192 781
-
-
withholding
28 757
43 733
-
-
total
28 757
43 733
-
-
Income
238 000
238 000
238 000
238 000
Total tax
83 054
88 952
106 070
84 875
After tax
154 946
149 048
131 930
153 125
Living cost
37 000
37 000
37 000
37 000
Free-cash
117 946
112 048
94 930
116 125

Estimated living cost  is ₽37000 per week

₽25381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3402
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.
₽7750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4095
₽15692
₽139089
₽108193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
248
income
-
-
-
68 704
health
-
-
-
2 140
pensions
-
-
-
4 082
other
-
-
-
364
total
-
-
-
75 538
Employee
36 766
-
218 201
-
pensions
4 140
-
7 486
-
income
5 044
-
54 164
-
health
4 210
-
24 984
-
total
13 394
-
86 634
-
Employer
36 766
-
218 201
-
pensions
5 978
-
10 810
-
accident
614
-
3 644
-
unemployment
901
-
5 346
-
total
7 493
-
19 800
-
Corporate
193 741
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.

174 367
214 200
-
-
total
174 367
214 200
-
-
Dividends
19 374
23 800
-
-
withholding
3 681
4 522
-
-
total
3 681
4 522
-
-
Income
238 000
238 000
238 000
238 000
Total tax
198 935
218 722
106 434
75 538
After tax
39 065
19 278
131 566
162 462
Living cost
23 373
23 373
23 373
23 373
Free-cash
15 692
-4 095
108 193
139 089

Estimated living cost  is ₽23373 per week

₽17153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168706
₽165713
₽140922
₽162677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 899
health insurance
-
-
-
11 708
income
-
-
-
40 204
work injury
-
-
-
791
pensions
-
-
-
29 112
total
-
-
-
83 714
Employee

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

21 382
-
238 000
-
work injury
107
-
396
-
pensions
3 934
-
14 556
-
unemployment
257
-
949
-
income
2 138
-
40 204
-
health insurance
1 582
-
5 854
-
total
8 018
-
61 959
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
216 618
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%.

21 662
23 800
-
-
total
21 662
23 800
-
-
Dividends
194 957
214 200
-
-
withholding
29 243
32 130
-
-
total
29 243
32 130
-
-
Income
238 000
238 000
238 000
238 000
Total tax
58 923
55 930
61 959
83 714
After tax
179 077
182 070
176 041
154 286
Living cost
13 364
13 364
13 364
13 364
Free-cash
165 713
168 706
162 677
140 922

Estimated living cost  is ₽13364 per week

₽8279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85967
₽81468
₽73229
₽65105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 696
national
-
-
-
68 241
regional
-
-
-
5 948
social contributions
-
-
-
49 492
total
-
-
-
125 377
Employee
83 328
-
238 000
-
national
14 082
-
61 623
-
social contributions
28 098
-
64 886
-
municipal
497
-
1 558
-
regional
1 258
-
5 434
-
total
43 935
-
133 501
-
Employer
83 328
-
238 000
-
total
-
-
-
-
Corporate
154 672
238 000
-
-
municipal
7 456
11 471
-
-
nationa
37 122
57 121
-
-
total
44 578
68 592
-
-
Dividends
110 094
169 408
-
-
withholding
28 625
44 047
-
-
total
28 625
44 047
-
-
Income
238 000
238 000
238 000
238 000
Total tax
117 138
112 639
133 501
125 377
After tax
120 862
125 361
104 499
112 623
Living cost
39 394
39 394
39 394
39 394
Free-cash
81 468
85 967
65 105
73 229

Estimated living cost  is ₽39394 per week

₽27672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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