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
₽101552
₽90982
₽116765
₽86277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 488
income

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

-
-
-
81 297
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.

-
-
-
6 527
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.

-
-
-
4 471
total
-
-
-
122 783
Employee

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

36 544
-
238 000
-
surtax

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

56
-
4 471
-
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.

6 527
-
6 527
-
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.

1 021
-
81 297
-
total
7 604
-
92 295
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
201 456
238 000
-
-
trade
31 730
37 485
-
-
income
30 218
35 701
-
-
surtax

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

1 663
1 964
-
-
chamber of commerce
435
488
-
-
total
64 046
75 638
-
-
Dividends
137 411
162 363
-
-
withholding
33 989
40 228
-
-
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.

1 869
2 212
-
-
total
35 858
42 440
-
-
Income
238 000
238 000
238 000
238 000
Total tax
107 508
118 078
92 295
122 783
After tax
130 492
119 922
145 705
115 217
Living cost
28 940
28 940
28 940
28 940
Free-cash
101 552
90 982
116 765
86 277

Estimated living cost  is ₽28940 per week

₽18204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98740
₽99554
₽86396
₽85117
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
social contributions
-
-
-
2 559
pensions
-
-
-
28 560
municipal
-
-
-
26 554
national
-
-
-
46 252
total
-
-
-
103 925
Employee
75 893
-
205 749
-
national
14 526
-
48 269
-
municipal
9 374
-
27 475
-
pensions
3 036
-
8 230
-
total
26 936
-
83 974
-
Employer
75 893
-
205 749
-
pensions
6 071
-
16 460
-
social contributions
816
-
2 212
-
total
6 887
-
18 672
-
Corporate
150 210
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%.

30 042
47 600
-
-
total
30 042
47 600
-
-
Dividends
120 168
190 400
-
-
withholding
26 437
41 888
-
-
total
26 437
41 888
-
-
Income
238 000
238 000
238 000
238 000
Total tax
90 302
89 488
102 646
103 925
After tax
147 698
148 512
135 354
134 075
Living cost
48 958
48 958
48 958
48 958
Free-cash
98 740
99 554
86 396
85 117

Estimated living cost  is ₽48958 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽733
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10398
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽162685
₽170523
₽84813
₽68243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
238 000
social contributions

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

-
-
-
36 607
income
-
-
-
52 584
microenterprise
-
-
-
-
surtax
-
-
-
60 689
total
-
-
-
149 880
Employee
27 918
-
189 702
-
surtax
-
-
27 507
-
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.

3 071
-
12 525
-
income
4 970
-
44 980
-
total
8 041
-
85 012
-
Employer
27 918
-
189 702
-
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.

6 725
-
27 431
-
surtax
-
-
20 867
-
total
6 725
-
48 298
-
Corporate
203 357
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%.

40 672
47 600
-
-
total
40 672
47 600
-
-
Dividends

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

162 684
190 400
-
-
total
-
-
-
-
Income
238 000
238 000
238 000
238 000
Total tax
55 438
47 600
133 310
149 880
After tax
182 562
190 400
104 690
88 120
Living cost
19 877
19 877
19 877
19 877
Free-cash
162 685
170 523
84 813
68 243

Estimated living cost  is ₽19877 per week

₽12681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1893
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.
₽4852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72996
₽78849
₽112145
₽86521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
88 478
pensions
-
-
-
11 194
health
-
-
-
11 782
total
-
-
-
111 454
Employee
81 591
81 591
220 244
-
health
12 523
10 652
11 782
-
pensions
14 686
11 194
11 194
-
income

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

13 355
13 355
45 097
-
total
40 564
35 201
68 073
-
Employer
81 591
81 591
220 244
-
pensions
5 679
5 679
7 059
-
unemployment
2 937
2 937
3 650
-
health
5 671
5 671
7 048
-
total
14 287
14 287
17 757
-
Corporate
143 123
142 122
-
-
income
28 624
28 424
-
-
total
28 624
28 424
-
-
Dividends
114 499
113 697
-
-
withholding
17 174
17 054
-
-
income
24 330
24 160
-
-
total
41 504
41 214
-
-
Income
238 000
238 000
238 000
238 000
Total tax
124 979
119 126
85 830
111 454
After tax
113 021
118 874
152 170
126 546
Living cost
40 025
40 025
40 025
40 025
Free-cash
72 996
78 849
112 145
86 521

Estimated living cost  is ₽40025 per week

₽28365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89773
₽90654
₽77984
₽78937
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
10 007
unemployment
-
-
-
86
pensions
-
-
-
9 309
municipal
-
-
-
63 532
accident
-
-
-
172
national
-
-
-
31 289
health
-
-
-
5 374
total
-
-
-
119 769
Employee
55 990
-
210 942
-
national
-
-
30 762
-
municipal
16 696
-
62 903
-
total
16 696
-
93 665
-
Employer
55 990
-
210 942
-
other
6 506
-
10 007
-
accident
112
-
172
-
pensions
6 052
-
9 309
-
unemployment
1 478
-
2 273
-
health
3 443
-
5 296
-
total
17 591
-
27 057
-
Corporate
164 418
238 000
-
-
income
36 172
52 360
-
-
total
36 172
52 360
-
-
Dividends
128 246
185 640
-
-
withholding
38 474
55 692
-
-
total
38 474
55 692
-
-
Income
238 000
238 000
238 000
238 000
Total tax
108 933
108 052
120 722
119 769
After tax
129 067
129 948
117 278
118 231
Living cost
39 294
39 294
39 294
39 294
Free-cash
89 773
90 654
77 984
78 937

Estimated living cost  is ₽39294 per week

₽26042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94593
₽81163
₽108171
₽76327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 844
income

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

-
-
-
81 297
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.

-
-
-
6 527
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.

-
-
-
4 471
total
-
-
-
124 139
Employee

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

48 452
-
238 000
-
surtax

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

228
-
4 471
-
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.

6 527
-
6 527
-
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.

4 163
-
81 297
-
total
10 918
-
92 295
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 548
238 000
-
-
trade
31 180
39 151
-
-
income
28 432
35 701
-
-
surtax

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

1 563
1 964
-
-
chamber of commerce
415
484
-
-
total
61 590
77 300
-
-
Dividends
127 957
160 701
-
-
withholding
31 626
39 813
-
-
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.

1 739
2 190
-
-
total
33 365
42 003
-
-
Income
238 000
238 000
238 000
238 000
Total tax
105 873
119 303
92 295
124 139
After tax
132 127
118 697
145 705
113 861
Living cost
37 534
37 534
37 534
37 534
Free-cash
94 593
81 163
108 171
76 327

Estimated living cost  is ₽37534 per week

₽25103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3958
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7913
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138444
₽142406
₽126290
₽128193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
social contributions
-
-
-
15 459
income
-
-
-
57 289
health
-
-
-
6 069
total
-
-
-
78 817
Employee
73 469
73 469
225 602
-
health
731
1 249
3 835
-
social contributions
3 570
6 098
8 224
-
income
7 715
6 801
56 263
-
total
12 016
14 148
68 322
-
Employer
73 469
73 469
225 602
-
social contributions
3 570
6 098
8 224
-
health
796
1 360
4 174
-
total
4 366
7 458
12 398
-
Corporate
190 629
157 074
-
-
income
23 828
19 634
-
-
total
23 828
19 634
-
-
Dividends
166 800
137 439
-
-
withholding
28 356
23 364
-
-
total
28 356
23 364
-
-
Income
238 000
238 000
238 000
238 000
Total tax
68 566
64 604
80 720
78 817
After tax
169 434
173 396
157 280
159 183
Living cost
30 990
30 990
30 990
30 990
Free-cash
138 444
142 406
126 290
128 193

Estimated living cost  is ₽30990 per week

₽21185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2421
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116252
₽115885
₽120300
₽147203
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 096
pensions
-
-
-
23 800
health
-
-
-
16 660
total
-
-
-
73 126
Employee

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

The minimum wage is 138,000 HUF per month.

25 509
10 152
199 163
-
unemployment
383
152
2 987
-
health
1 786
711
13 941
-
pensions
2 551
1 015
19 916
-
income
3 118
1 241
24 348
-
total
7 838
3 119
61 192
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 509
10 152
199 163
-
pensions
4 974
1 980
38 837
-
total
4 974
1 980
38 837
-
Corporate
207 517
225 868
-
-
income
18 677
20 328
-
-
total
18 677
20 328
-
-
Dividends
188 840
205 540
-
-
withholding
35 880
39 053
-
-
social contributions
36 708
39 964
-
-
total
72 588
79 017
-
-
Income
238 000
238 000
238 000
238 000
Total tax
104 077
104 444
100 029
73 126
After tax
133 923
133 556
137 971
164 874
Living cost
17 671
17 671
17 671
17 671
Free-cash
116 252
115 885
120 300
147 203

Estimated living cost  is ₽17671 per week

₽12059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽161387
₽167323
₽114101
₽104491
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
31 893
pensions
-
-
-
47 600
health
-
-
-
30 939
total
-
-
-
110 432
Employee
27 104
-
177 877
-
unemployment
433
-
2 847
-
pensions
542
-
3 557
-
income
3 051
-
34 295
-
total
4 026
-
40 699
-
Employer
27 104
-
177 877
-
pensions
5 421
-
35 575
-
unemployment
218
-
1 423
-
health
3 523
-
23 125
-
total
9 162
-
60 123
-
Corporate
201 734
238 000
-
-
income
40 348
47 600
-
-
total
40 348
47 600
-
-
Dividends
161 386
190 400
-
-
total
-
-
-
-
Income
238 000
238 000
238 000
238 000
Total tax
53 536
47 600
100 822
110 432
After tax
184 464
190 400
137 178
127 568
Living cost
23 077
23 077
23 077
23 077
Free-cash
161 387
167 323
114 101
104 491

Estimated living cost  is ₽23077 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5410
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15985
-₽2186
₽110137
₽140995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
362
income
-
-
-
68 746
pensions
-
-
-
4 059
accident
-
-
-
246
health
-
-
-
2 128
total
-
-
-
75 541
Employee
33 763
-
218 259
-
health
3 866
-
24 991
-
pensions
3 802
-
7 443
-
income
4 632
-
54 224
-
total
12 300
-
86 658
-
Employer
33 763
-
218 259
-
accident
564
-
3 645
-
pensions
5 490
-
10 749
-
unemployment
827
-
5 347
-
total
6 881
-
19 741
-
Corporate
197 356
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.

177 620
214 200
-
-
total
177 620
214 200
-
-
Dividends
19 736
23 800
-
-
withholding
3 750
4 522
-
-
total
3 750
4 522
-
-
Income
238 000
238 000
238 000
238 000
Total tax
200 551
218 722
106 399
75 541
After tax
37 449
19 278
131 601
162 459
Living cost
21 464
21 464
21 464
21 464
Free-cash
15 985
-2 186
110 137
140 995

Estimated living cost  is ₽21464 per week

₽15731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽216825
₽218289
₽182589
₽227809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
238 000
microenterprise

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

-
-
-
2 380
total
-
-
-
2 380
Employee
9 763
-
238 000
-
income
1 952
-
47 600
-
total
1 952
-
47 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

228 237
238 000
-
-
total
-
-
-
-
Dividends
228 237
238 000
-
-
withholding
11 412
11 900
-
-
total
11 412
11 900
-
-
Income
238 000
238 000
238 000
238 000
Total tax
13 364
11 900
47 600
2 380
After tax
224 636
226 100
190 400
235 620
Living cost
7 811
7 811
7 811
7 811
Free-cash
216 825
218 289
182 589
227 809

Estimated living cost  is ₽7811 per week

₽4840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽649
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142949
₽149398
₽119049
₽120962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
6 901
income
-
-
-
43 415
pensions

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

-
-
-
34 870
health
-
-
-
6 393
total
-
-
-
91 579
Employee
34 691
-
200 941
-
unemployment
346
-
1 452
-
health
486
-
2 034
-
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.

2 428
-
10 170
-
income
5 972
-
42 779
-
total
9 232
-
56 435
-
Employer
34 691
-
200 941
-
other
1 735
-
7 263
-
accident
277
-
1 608
-
pensions

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

5 898
-
24 700
-
unemployment
346
-
1 452
-
health
486
-
2 034
-
total
8 742
-
37 057
-
Corporate
194 566
238 000
-
-
income
40 859
49 981
-
-
total
40 859
49 981
-
-
Dividends
153 707
188 019
-
-
withholding
10 759
13 162
-
-
total
10 759
13 162
-
-
Income
238 000
238 000
238 000
238 000
Total tax
69 592
63 143
93 492
91 579
After tax
168 408
174 857
144 508
146 421
Living cost
25 459
25 459
25 459
25 459
Free-cash
142 949
149 398
119 049
120 962

Estimated living cost  is ₽25459 per week

₽17988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92832
₽85294
₽68580
₽89715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
75 781
pensions
-
-
-
9 886
total
-
-
-
85 667
Employee
88 595
-
207 231
-
health
1 460
-
2 720
-
pensions
8 547
-
11 624
-
income
15 970
-
61 689
-
total
25 977
-
76 033
-
Employer
88 595
-
207 231
-
pensions
10 461
-
26 833
-
health
1 683
-
3 936
-
total
12 144
-
30 769
-
Corporate
137 262
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.

26 080
45 220
-
-
total
26 080
45 220
-
-
Dividends
111 182
192 780
-
-
withholding
18 349
44 868
-
-
total
18 349
44 868
-
-
Income
238 000
238 000
238 000
238 000
Total tax
82 550
90 088
106 802
85 667
After tax
155 450
147 912
131 198
152 333
Living cost
62 618
62 618
62 618
62 618
Free-cash
92 832
85 294
68 580
89 715

Estimated living cost  is ₽62618 per week

₽46921
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7831
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽186530
₽190968
₽190957
₽180870
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
133
income
-
-
-
35 700
pensions

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

-
-
-
4 938
health
-
-
-
3 837
total
-
-
-
44 608
Employee
16 581
-
231 455
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
health
763
-
1 535
-
pensions

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

1 456
-
2 929
-
income
1 658
-
23 145
-
total
4 060
-
27 976
-
Employer
16 581
-
231 455
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
pensions

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

1 827
-
3 676
-
unemployment
99
-
200
-
health
1 144
-
2 302
-
total
3 253
-
6 545
-
Corporate
218 165
238 000
-
-
income
21 817
23 800
-
-
total
21 817
23 800
-
-
Dividends
196 348
214 200
-
-
withholding
9 818
10 710
-
-
total
9 818
10 710
-
-
Income
238 000
238 000
238 000
238 000
Total tax
38 948
34 510
34 521
44 608
After tax
199 052
203 490
203 479
193 392
Living cost
12 522
12 522
12 522
12 522
Free-cash
186 530
190 968
190 957
180 870

Estimated living cost  is ₽12522 per week

₽7311
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽332
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68293
₽65893
₽99189
₽73565
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
88 478
pensions
-
-
-
11 194
health
-
-
-
11 782
total
-
-
-
111 454
Employee
88 581
81 591
220 244
-
health
11 051
10 652
11 782
-
pensions
11 194
11 194
11 194
-
income

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

13 355
13 355
45 097
-
total
35 600
35 201
68 073
-
Employer
88 581
81 591
220 244
-
pensions
6 165
5 679
7 059
-
unemployment
3 189
2 937
3 650
-
health
6 156
5 671
7 048
-
total
15 510
14 287
17 757
-
Corporate
133 909
142 122
-
-
income
26 782
28 424
-
-
total
26 782
28 424
-
-
Dividends
107 127
113 697
-
-
withholding
16 070
17 054
-
-
income
22 764
24 160
-
-
total
38 834
41 214
-
-
Income
238 000
238 000
238 000
238 000
Total tax
116 726
119 126
85 830
111 454
After tax
121 274
118 874
152 170
126 546
Living cost
52 981
52 981
52 981
52 981
Free-cash
68 293
65 893
99 189
73 565

Estimated living cost  is ₽52981 per week

₽39082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131702
₽140159
₽107794
₽118447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
social contributions
-
-
-
34 109
income
-
-
-
25 764
health
-
-
-
32 130
solidarity contribution
-
-
-
3 846
total
-
-
-
95 849
Employee
34 859
-
191 557
-
solidarity contribution
-
-
2 890
-
health
4 706
-
25 860
-
social contributions
2 266
-
7 593
-
income
4 183
-
23 716
-
total
11 155
-
60 059
-
Employer
34 859
-
191 557
-
social contributions
8 715
-
29 203
-
health
3 137
-
17 240
-
total
11 852
-
46 443
-
Corporate
191 289
238 000
-
-
income
36 345
45 220
-
-
total
36 345
45 220
-
-
Dividends
154 944
192 780
-
-
withholding
23 242
28 917
-
-
total
23 242
28 917
-
-
Income
238 000
238 000
238 000
238 000
Total tax
82 594
74 137
106 502
95 849
After tax
155 406
163 863
131 498
142 151
Living cost
23 704
23 704
23 704
23 704
Free-cash
131 702
140 159
107 794
118 447

Estimated living cost  is ₽23704 per week

₽16465
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5087
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81676
₽86666
₽67729
₽75831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 119
social contributions
-
-
-
47 819
municipal
-
-
-
1 521
national
-
-
-
69 394
total
-
-
-
121 853
Employee
84 914
-
238 000
-
national
14 714
-
62 999
-
regional
801
-
2 860
-
municipal
450
-
1 403
-
social contributions
28 633
-
62 693
-
total
44 598
-
129 955
-
Employer
84 914
-
238 000
-
total
-
-
-
-
Corporate
153 086
238 000
-
-
nationa
36 741
57 121
-
-
municipal
5 971
9 281
-
-
total
42 712
66 402
-
-
Dividends
110 374
171 598
-
-
withholding
28 698
44 616
-
-
total
28 698
44 616
-
-
Income
238 000
238 000
238 000
238 000
Total tax
116 008
111 018
129 955
121 853
After tax
121 992
126 982
108 045
116 147
Living cost
40 316
40 316
40 316
40 316
Free-cash
81 676
86 666
67 729
75 831

Estimated living cost  is ₽40316 per week

₽28104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125646
₽128620
₽84781
₽90620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
-
unemployment
-
-
-
218
income
-
-
-
78 035
pensions
-
-
-
25 503
health
-
-
-
9 053
surtax
-
-
-
13 488
total
-
-
-
126 297
Employee
31 596
-
211 158
-
surtax
103
-
12 344
-
unemployment
2 199
-
8 875
-
other
-
-
-
-
health
807
-
3 251
-
pensions
2 107
-
8 505
-
income
5 296
-
72 320
-
total
10 512
-
105 295
-
Employer
31 596
-
211 158
-
other
-
-
-
-
pensions
4 212
-
16 998
-
unemployment
1 001
-
4 041
-
health
1 438
-
5 802
-
total
6 651
-
26 841
-
Corporate
199 754
238 000
-
-
income
51 935
61 880
-
-
total
51 935
61 880
-
-
Dividends
147 818
176 120
-
-
withholding
22 173
26 417
-
-
total
22 173
26 417
-
-
Income
238 000
238 000
238 000
238 000
Total tax
91 271
88 297
132 136
126 297
After tax
146 729
149 703
105 864
111 703
Living cost
21 083
21 083
21 083
21 083
Free-cash
125 646
128 620
84 781
90 620

Estimated living cost  is ₽21083 per week

₽12891
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111317
₽105133
₽88419
₽109554
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
75 781
pensions
-
-
-
9 886
total
-
-
-
85 667
Employee
59 374
-
207 231
-
health
862
-
2 720
-
pensions
5 040
-
11 624
-
income
10 694
-
61 689
-
total
16 596
-
76 033
-
Employer
59 374
-
207 231
-
pensions
6 427
-
26 833
-
health
1 128
-
3 936
-
total
7 555
-
30 769
-
Corporate
171 071
238 000
-
-
income

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

32 503
45 220
-
-
total
32 503
45 220
-
-
Dividends
138 568
192 780
-
-
withholding
27 250
44 868
-
-
total
27 250
44 868
-
-
Income
238 000
238 000
238 000
238 000
Total tax
83 904
90 088
106 802
85 667
After tax
154 096
147 912
131 198
152 333
Living cost
42 779
42 779
42 779
42 779
Free-cash
111 317
105 133
88 419
109 554

Estimated living cost  is ₽42779 per week

₽32050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽65593
₽33255
₽104299
₽112045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other

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

-
-
-
4 760
city
-
-
-
2 508
regional
-
-
-
13 784
pensions
-
-
-
21 897
national
-
-
-
6 894
health
-
-
-
536
total
-
-
-
50 379
Employee
88 444
-
214 602
-
national
419
-
5 671
-
unemployment
-
-
-
-
city
949
-
2 327
-
regional
2 896
-
12 345
-
health
200
-
483
-
pensions
7 430
-
16 262
-
total
11 894
-
37 088
-
Employer
88 444
-
214 602
-
other

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

1 768
-
4 292
-
pensions
7 430
-
16 262
-
unemployment
-
-
-
-
health
200
-
483
-
total
9 398
-
21 037
-
Corporate
139 185
238 000
-
-
regional
29 438
50 338
-
-
national
11 831
20 230
-
-
total
41 269
70 568
-
-
Dividends
97 916
167 432
-
-
withholding
34 270
58 601
-
-
total
34 270
58 601
-
-
Income
238 000
238 000
238 000
238 000
Total tax
96 831
129 169
58 125
50 379
After tax
141 169
108 831
179 875
187 621
Living cost
75 576
75 576
75 576
75 576
Free-cash
65 593
33 255
104 299
112 045

Estimated living cost  is ₽75576 per week

₽49146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽89201
₽73706
₽101936
₽68738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 198
income

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

-
-
-
81 297
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.

-
-
-
6 527
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.

-
-
-
4 471
total
-
-
-
125 493
Employee

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

57 420
-
238 000
-
surtax

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

372
-
4 471
-
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.

6 527
-
6 527
-
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.

6 752
-
81 297
-
total
13 651
-
92 295
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 580
238 000
-
-
trade
30 970
40 817
-
-
income
27 086
35 701
-
-
surtax

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

1 490
1 964
-
-
chamber of commerce
399
480
-
-
total
59 945
78 962
-
-
Dividends
120 634
159 038
-
-
withholding
29 795
39 396
-
-
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.

1 639
2 167
-
-
total
31 434
41 563
-
-
Income
238 000
238 000
238 000
238 000
Total tax
105 030
120 525
92 295
125 493
After tax
132 970
117 475
145 705
112 507
Living cost
43 769
43 769
43 769
43 769
Free-cash
89 201
73 706
101 936
68 738

Estimated living cost  is ₽43769 per week

₽31967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3501
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.
₽7733
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92907
₽87264
₽87114
₽95550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
7 378
social contributions
-
-
-
6 781
income
-
-
-
47 569
pensions
-
-
-
35 793
health
-
-
-
12 240
surtax
-
-
-
-
total
-
-
-
109 761
Employee
40 891
-
180 529
-
surtax
-
-
-
-
pensions
4 623
-
14 074
-
social contributions
1 166
-
5 144
-
income
2 413
-
41 509
-
total
8 202
-
60 727
-
Employer
40 891
-
180 529
-
other
1 411
-
7 690
-
pensions
6 718
-
23 423
-
unemployment
1 655
-
7 311
-
social contributions
123
-
542
-
health
2 863
-
18 504
-
total
12 770
-
57 470
-
Corporate
184 339
238 000
-
-
income
51 614
66 640
-
-
surtax
-
-
-
-
total
51 614
66 640
-
-
Dividends
132 724
171 360
-
-
withholding
16 989
21 933
-
-
social contributions
22 829
29 474
-
-
surtax
-
-
-
-
total
39 818
51 407
-
-
Income
238 000
238 000
238 000
238 000
Total tax
112 404
118 047
118 197
109 761
After tax
125 596
119 953
119 803
128 239
Living cost
32 689
32 689
32 689
32 689
Free-cash
92 907
87 264
87 114
95 550

Estimated living cost  is ₽32689 per week

₽20612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95809
₽90503
₽90353
₽98789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
7 378
social contributions
-
-
-
6 781
income
-
-
-
47 569
pensions
-
-
-
35 793
health
-
-
-
12 240
surtax
-
-
-
-
total
-
-
-
109 761
Employee
36 501
-
180 529
-
surtax
-
-
-
-
pensions
4 128
-
14 074
-
social contributions
1 041
-
5 144
-
income
1 882
-
41 509
-
total
7 051
-
60 727
-
Employer
36 501
-
180 529
-
other
1 260
-
7 690
-
pensions
5 998
-
23 423
-
unemployment
1 478
-
7 311
-
social contributions
109
-
542
-
health
2 555
-
18 504
-
total
11 400
-
57 470
-
Corporate
190 099
238 000
-
-
income
53 228
66 640
-
-
surtax
-
-
-
-
total
53 228
66 640
-
-
Dividends
136 871
171 360
-
-
withholding
17 520
21 933
-
-
social contributions
23 542
29 474
-
-
surtax
-
-
-
-
total
41 062
51 407
-
-
Income
238 000
238 000
238 000
238 000
Total tax
112 741
118 047
118 197
109 761
After tax
125 259
119 953
119 803
128 239
Living cost
29 450
29 450
29 450
29 450
Free-cash
95 809
90 503
90 353
98 789

Estimated living cost  is ₽29450 per week

₽17080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125440
₽124942
₽125627
₽132582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
social contributions
-
-
-
32 845
income
-
-
-
35 701
health
-
-
-
16 612
total
-
-
-
85 158
Employee
32 395
-
238 000
-
health
2 261
-
16 612
-
social contributions
4 471
-
32 845
-
income
5 403
-
42 656
-
total
12 135
-
92 113
-
Employer
32 395
-
238 000
-
total
-
-
-
-
Corporate
205 605
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%.

10 280
11 900
-
-
total
10 280
11 900
-
-
Dividends
195 324
226 100
-
-
health
13 633
15 781
-
-
withholding
29 298
33 915
-
-
social contributions
26 954
31 202
-
-
total
69 885
80 898
-
-
Income
238 000
238 000
238 000
238 000
Total tax
92 300
92 798
92 113
85 158
After tax
145 700
145 202
145 887
152 842
Living cost
20 260
20 260
20 260
20 260
Free-cash
125 440
124 942
125 627
132 582

Estimated living cost  is ₽20260 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95877
₽97354
₽28169
₽87883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
952
unemployment
-
-
-
5 860
income
-
-
-
80 262
pensions
-
-
-
20 650
health
-
-
-
8 538
surtax
-
-
-
189
total
-
-
-
116 451
Employee
47 749
38 076
199 288
-
unemployment
1 432
1 142
3 349
-
other
477
381
1 117
-
health
1 848
1 474
4 319
-
pensions
4 890
3 898
11 430
-
income
5 436
2 809
68 322
-
total
14 083
9 704
88 537
-
Employer
47 749
38 076
199 288
-
payroll
1 432
1 142
5 978
-
other
2 268
1 808
8 721
-
accident
620
495
1 451
-
pensions
5 992
4 779
14 008
-
unemployment
1 432
1 142
3 349
-
chamber of commerce
190
152
798
-
surtax
189
189
189
-
health
1 804
1 440
4 219
-
total
13 927
11 147
38 713
-
Corporate
176 323
188 777
195 662
-
income

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

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

44 081
47 194
48 915
-
total
44 081
47 194
48 915
-
Dividends
132 242
141 583
-
-
withholding
36 366
38 935
-
-
total
36 366
38 935
-
-
Income
238 000
238 000
238 000
238 000
Total tax
108 457
106 980
176 165
116 451
After tax
129 543
131 020
61 835
121 549
Living cost
33 666
33 666
33 666
33 666
Free-cash
95 877
97 354
28 169
87 883

Estimated living cost  is ₽33666 per week

₽22454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83795
₽94483
₽45065
₽68796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
social contributions
-
-
-
23 821
national
-
-
-
97 695
communal

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

-
-
-
12 851
total
-
-
-
134 367
Employee

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

68 343
-
184 339
-
national
21 011
-
70 728
-
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.

595
-
1 605
-
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.

3 211
-
8 663
-
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.

5 126
-
13 825
-
communal

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

3 565
-
9 615
-
total
33 508
-
104 436
-
Employer

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

68 343
-
184 339
-
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.

888
-
2 397
-
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.

6 056
-
16 333
-
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.

997
-
2 691
-
surtax
7 749
-
20 905
-
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.

4 203
-
11 336
-
total
19 893
-
53 662
-
Corporate
149 763
238 000
-
-
income
29 953
52 702
-
-
surtax
598
1 053
-
-
total
30 551
53 755
-
-
Dividends
119 212
184 244
-
-
withholding

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

35 416
54 925
-
-
total
35 416
54 925
-
-
Income
238 000
238 000
238 000
238 000
Total tax
119 368
108 680
158 098
134 367
After tax
118 632
129 320
79 902
103 633
Living cost
34 837
34 837
34 837
34 837
Free-cash
83 795
94 483
45 065
68 796

Estimated living cost  is ₽34837 per week

₽22439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116751
₽123296
₽94271
₽98280
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
89
unemployment
-
-
-
620
income
-
-
-
78 647
pensions
-
-
-
25 061
accident
-
-
-
798
total
-
-
-
105 215
Employee
47 560
-
209 768
-
unemployment
738
-
1 373
-
other
47
-
89
-
pensions
2 236
-
4 163
-
income
10 035
-
75 367
-
total
13 056
-
80 992
-
Employer
47 560
-
209 768
-
other
379
-
709
-
accident
941
-
1 753
-
pensions
11 223
-
20 900
-
unemployment
2 616
-
4 870
-
total
15 159
-
28 232
-
Corporate
175 281
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.

26 292
35 701
-
-
total
26 292
35 701
-
-
Dividends
148 989
202 299
-
-
withholding
32 237
44 498
-
-
total
32 237
44 498
-
-
Income
238 000
238 000
238 000
238 000
Total tax
86 744
80 199
109 224
105 215
After tax
151 256
157 801
128 776
132 785
Living cost
34 505
34 505
34 505
34 505
Free-cash
116 751
123 296
94 271
98 280

Estimated living cost  is ₽34505 per week

₽25409
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2448
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67695
₽80837
₽67383
₽59347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
47 908
pensions
-
-
-
33 967
accident
-
-
-
1 911
communal
-
-
-
15 042
health
-
-
-
15 921
surtax
-
-
-
11 981
total
-
-
-
126 730
Employee
72 355
-
212 596
-
surtax
4 435
-
13 029
-
health
3 220
-
9 461
-
pensions
5 788
-
17 007
-
income
6 989
-
53 793
-
total
20 432
-
93 290
-
Employer
72 355
-
212 596
-
accident
651
-
1 913
-
pensions
5 788
-
17 007
-
health
2 207
-
6 484
-
total
8 646
-
25 404
-
Corporate
157 000
238 000
-
-
income
23 551
35 701
-
-
communal
10 598
16 064
-
-
surtax
1 648
2 498
-
-
total
35 797
54 263
-
-
Dividends
121 204
183 737
-
-
withholding
18 180
27 561
-
-
income
35 327
23 416
-
-
total
53 507
50 977
-
-
Income
238 000
238 000
238 000
238 000
Total tax
118 382
105 240
118 694
126 730
After tax
119 618
132 760
119 306
111 270
Living cost
51 923
51 923
51 923
51 923
Free-cash
67 695
80 837
67 383
59 347

Estimated living cost  is ₽51923 per week

₽38950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽125204
₽128243
₽84404
₽90243
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
-
unemployment
-
-
-
218
income
-
-
-
78 035
pensions
-
-
-
25 503
health
-
-
-
9 053
surtax
-
-
-
13 488
total
-
-
-
126 297
Employee
32 176
-
211 158
-
surtax
114
-
12 344
-
unemployment
2 239
-
8 875
-
other
-
-
-
-
health
821
-
3 251
-
pensions
2 147
-
8 505
-
income
5 394
-
72 320
-
total
10 715
-
105 295
-
Employer
32 176
-
211 158
-
other
-
-
-
-
pensions
4 290
-
16 998
-
unemployment
1 021
-
4 041
-
health
1 463
-
5 802
-
total
6 774
-
26 841
-
Corporate
199 050
238 000
-
-
income
51 752
61 880
-
-
total
51 752
61 880
-
-
Dividends
147 298
176 120
-
-
withholding
22 095
26 417
-
-
total
22 095
26 417
-
-
Income
238 000
238 000
238 000
238 000
Total tax
91 336
88 297
132 136
126 297
After tax
146 664
149 703
105 864
111 703
Living cost
21 460
21 460
21 460
21 460
Free-cash
125 204
128 243
84 404
90 243

Estimated living cost  is ₽21460 per week

₽12957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽97240
₽99358
₽81609
₽89667
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 861
social contributions
-
-
-
47 819
municipal
-
-
-
1 521
national
-
-
-
69 394
total
-
-
-
122 595
Employee
53 000
-
238 000
-
national
8 397
-
62 999
-
regional
713
-
3 558
-
municipal
281
-
1 403
-
social contributions
17 872
-
62 693
-
total
27 263
-
130 653
-
Employer
53 000
-
238 000
-
total
-
-
-
-
Corporate
185 000
238 000
-
-
nationa
44 400
57 121
-
-
municipal
9 194
11 829
-
-
total
53 594
68 950
-
-
Dividends
131 406
169 050
-
-
withholding
34 165
43 954
-
-
total
34 165
43 954
-
-
Income
238 000
238 000
238 000
238 000
Total tax
115 022
112 904
130 653
122 595
After tax
122 978
125 096
107 347
115 405
Living cost
25 738
25 738
25 738
25 738
Free-cash
97 240
99 358
81 609
89 667

Estimated living cost  is ₽25738 per week

₽16006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6683
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124232
₽134653
₽102288
₽112941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
social contributions
-
-
-
34 109
income
-
-
-
25 764
health
-
-
-
32 130
solidarity contribution
-
-
-
3 846
total
-
-
-
95 849
Employee
42 955
-
191 557
-
solidarity contribution
-
-
2 890
-
health
5 799
-
25 860
-
social contributions
2 792
-
7 593
-
income
5 155
-
23 716
-
total
13 746
-
60 059
-
Employer
42 955
-
191 557
-
social contributions
10 739
-
29 203
-
health
3 866
-
17 240
-
total
14 605
-
46 443
-
Corporate
180 440
238 000
-
-
income
34 284
45 220
-
-
total
34 284
45 220
-
-
Dividends
146 156
192 780
-
-
withholding
21 923
28 917
-
-
total
21 923
28 917
-
-
Income
238 000
238 000
238 000
238 000
Total tax
84 558
74 137
106 502
95 849
After tax
153 442
163 863
131 498
142 151
Living cost
29 210
29 210
29 210
29 210
Free-cash
124 232
134 653
102 288
112 941

Estimated living cost  is ₽29210 per week

₽21722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽100167
₽100640
₽31397
₽91256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
952
unemployment
-
-
-
5 860
income
-
-
-
80 262
pensions
-
-
-
20 650
health
-
-
-
8 538
surtax
-
-
-
-
total
-
-
-
116 262
Employee
41 765
38 076
199 466
-
unemployment
1 253
1 142
3 349
-
other
417
381
1 117
-
health
1 615
1 474
4 319
-
pensions
4 277
3 898
11 430
-
income
3 721
2 809
68 411
-
total
11 283
9 704
88 626
-
Employer
41 765
38 076
199 466
-
payroll
1 253
1 142
5 983
-
other
1 984
1 808
8 727
-
accident
542
495
1 451
-
pensions
5 242
4 779
14 008
-
unemployment
1 253
1 142
3 349
-
chamber of commerce
167
152
798
-
surtax
-
-
-
-
health
1 579
1 440
4 219
-
total
12 020
10 958
38 535
-
Corporate
184 216
188 966
195 839
-
income

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

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

46 054
47 241
48 960
-
total
46 054
47 241
48 960
-
Dividends
138 162
141 725
-
-
withholding
37 994
38 975
-
-
total
37 994
38 975
-
-
Income
238 000
238 000
238 000
238 000
Total tax
107 351
106 878
176 121
116 262
After tax
130 649
131 122
61 879
121 738
Living cost
30 482
30 482
30 482
30 482
Free-cash
100 167
100 640
31 397
91 256

Estimated living cost  is ₽30482 per week

₽18285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽211646
₽213928
₽178228
₽223448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
238 000
microenterprise

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

-
-
-
2 380
total
-
-
-
2 380
Employee
15 215
-
238 000
-
income
3 043
-
47 600
-
total
3 043
-
47 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

222 785
238 000
-
-
total
-
-
-
-
Dividends
222 785
238 000
-
-
withholding
11 139
11 900
-
-
total
11 139
11 900
-
-
Income
238 000
238 000
238 000
238 000
Total tax
14 182
11 900
47 600
2 380
After tax
223 818
226 100
190 400
235 620
Living cost
12 172
12 172
12 172
12 172
Free-cash
211 646
213 928
178 228
223 448

Estimated living cost  is ₽12172 per week

₽8237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽511
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.
₽3016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130243
₽138236
₽77267
₽82435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
62 697
pensions
-
-
-
43 464
health
-
-
-
23 420
total
-
-
-
129 938
Employee

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

42 250
-
205 935
-
unemployment
60
-
288
-
health
2 729
-
13 305
-
pensions
6 549
-
31 920
-
income
7 286
-
57 528
-
total
16 624
-
103 041
-
Employer

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

42 250
-
205 935
-
pensions
3 739
-
18 226
-
unemployment
25
-
123
-
health
2 814
-
13 716
-
total
6 578
-
32 065
-
Corporate
189 172
238 000
-
-
income
35 943
45 219
-
-
total
35 943
45 219
-
-
Dividends
153 229
192 781
-
-
withholding
22 985
28 918
-
-
total
22 985
28 918
-
-
Income
238 000
238 000
238 000
238 000
Total tax
82 130
74 137
135 106
129 938
After tax
155 870
163 863
102 894
108 062
Living cost
25 627
25 627
25 627
25 627
Free-cash
130 243
138 236
77 267
82 435

Estimated living cost  is ₽25627 per week

₽17587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59650
₽104298
₽185150
₽123976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
social contributions
-
-
-
27 132
income
-
-
-
46 391
total
-
-
-
73 523
Employee
58 073
-
-
-
social contributions
4 762
-
679
-
income
12 810
-
-
-
total
17 572
-
679
-
Employer
58 073
-
-
-
social contributions
81 883
-
11 670
-
total
81 883
-
11 670
-
Corporate
98 044
238 000
-
-
income
21 570
52 360
-
-
total
21 570
52 360
-
-
Dividends
76 474
185 640
-
-
income
16 824
40 841
-
-
total
16 824
40 841
-
-
Income
238 000
238 000
238 000
238 000
Total tax
137 849
93 201
12 349
73 523
After tax
100 151
144 799
225 651
164 477
Living cost
40 501
40 501
40 501
40 501
Free-cash
59 650
104 298
185 150
123 976

Estimated living cost  is ₽40501 per week

₽26279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3809
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.
₽9897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104443
₽105404
₽73572
₽93020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
238 000
social contributions

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

-
-
-
82 704
income
-
-
-
32 307
surtax
-
-
-
-
total
-
-
-
115 011
Employee
43 943
-
192 324
-
surtax
-
-
653
-
social contributions
4 834
-
21 156
-
income
9 140
-
66 974
-
total
13 974
-
88 783
-
Employer
43 943
-
192 324
-
social contributions
10 436
-
45 676
-
total
10 436
-
45 676
-
Corporate
183 621
238 000
-
-
income
38 560
49 981
-
-
surtax
-
-
-
-
total
38 560
49 981
-
-
Dividends
145 061
188 019
-
-
withholding
40 618
52 646
-
-
total
40 618
52 646
-
-
Income
238 000
238 000
238 000
238 000
Total tax
103 588
102 627
134 459
115 011
After tax
134 412
135 373
103 541
122 989
Living cost
29 969
29 969
29 969
29 969
Free-cash
104 443
105 404
73 572
93 020

Estimated living cost  is ₽29969 per week

₽22423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80373
₽73806
₽73656
₽82092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
7 378
social contributions
-
-
-
6 781
income
-
-
-
47 569
pensions
-
-
-
35 793
health
-
-
-
12 240
surtax
-
-
-
-
total
-
-
-
109 761
Employee
59 841
-
180 529
-
surtax
-
-
-
-
pensions
6 768
-
14 074
-
social contributions
1 704
-
5 144
-
income
5 221
-
41 509
-
total
13 693
-
60 727
-
Employer
59 841
-
180 529
-
other
2 065
-
7 690
-
pensions
9 833
-
23 423
-
unemployment
2 424
-
7 311
-
social contributions
179
-
542
-
health
4 188
-
18 504
-
total
18 689
-
57 470
-
Corporate
159 469
238 000
-
-
income
44 652
66 640
-
-
surtax
-
-
-
-
total
44 652
66 640
-
-
Dividends
114 817
171 360
-
-
withholding
14 697
21 933
-
-
social contributions
19 749
29 474
-
-
surtax
-
-
-
-
total
34 446
51 407
-
-
Income
238 000
238 000
238 000
238 000
Total tax
111 480
118 047
118 197
109 761
After tax
126 520
119 953
119 803
128 239
Living cost
46 147
46 147
46 147
46 147
Free-cash
80 373
73 806
73 656
82 092

Estimated living cost  is ₽46147 per week

₽31231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3775
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽182270
₽185481
₽150484
₽144157
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 763
social contributions
-
-
-
52 360
total
-
-
-
65 123
Employee
30 716
-
206 062
-
social contributions
1 996
-
13 394
-
income
-
-
13 464
-
total
1 996
-
26 858
-
Employer
30 716
-
206 062
-
social contributions
4 761
-
31 938
-
total
4 761
-
31 938
-
Corporate
202 522
238 000
-
-
income
20 253
23 799
-
-
total
20 253
23 799
-
-
Dividends
182 270
214 201
-
-
total
-
-
-
-
Income
238 000
238 000
238 000
238 000
Total tax
27 010
23 799
58 796
65 123
After tax
210 990
214 201
179 204
172 877
Living cost
28 720
28 720
28 720
28 720
Free-cash
182 270
185 481
150 484
144 157

Estimated living cost  is ₽28720 per week

₽18570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15595
₽30125
₽30125
₽90377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
827
municipal
-
-
-
51 653
labour market
-
-
-
18 974
national
-
-
-
30 220
total
-
-
-
101 674
Employee
193 941
193 941
193 941
-
national
23 693
23 693
23 693
-
municipal
41 299
41 299
41 299
-
labour market
15 493
15 493
15 493
-
pensions
276
276
276
-
total
80 761
80 761
80 761
-
Employer
193 941
193 941
193 941
-
municipal
41 364
41 364
41 364
-
pensions
551
551
551
-
national
23 735
23 735
23 735
-
labour market
15 515
15 515
15 515
-
total
81 165
81 165
81 165
-
Corporate
30 124
-
-
-
income
6 627
-
-
-
total
6 627
-
-
-
Dividends
23 496
-
-
-
withholding
7 903
-
-
-
total
7 903
-
-
-
Income
238 000
238 000
238 000
238 000
Total tax
176 456
161 926
161 926
101 674
After tax
61 544
76 074
76 074
136 326
Living cost
45 949
45 949
45 949
45 949
Free-cash
15 595
30 125
30 125
90 377

Estimated living cost  is ₽45949 per week

₽31448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4065
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽707
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16035
-₽1869
₽110454
₽141312
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
362
income
-
-
-
68 746
pensions
-
-
-
4 059
accident
-
-
-
246
health
-
-
-
2 128
total
-
-
-
75 541
Employee
33 266
-
218 259
-
health
3 809
-
24 991
-
pensions
3 746
-
7 443
-
income
4 564
-
54 224
-
total
12 119
-
86 658
-
Employer
33 266
-
218 259
-
accident
555
-
3 645
-
pensions
5 409
-
10 749
-
unemployment
815
-
5 347
-
total
6 779
-
19 741
-
Corporate
197 955
238 000
-
-
income

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

178 159
214 200
-
-
total
178 159
214 200
-
-
Dividends
19 795
23 800
-
-
withholding
3 761
4 522
-
-
total
3 761
4 522
-
-
Income
238 000
238 000
238 000
238 000
Total tax
200 818
218 722
106 399
75 541
After tax
37 182
19 278
131 601
162 459
Living cost
21 147
21 147
21 147
21 147
Free-cash
16 035
-1 869
110 454
141 312

Estimated living cost  is ₽21147 per week

₽15393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and 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

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
₽111077
₽107640
₽79435
₽106698
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 251
national
-
-
-
49 102
health
-
-
-
3 267
total
-
-
-
94 620
Employee
50 268
-
200 220
-
national
830
-
32 316
-
unemployment
754
-
3 003
-
health
375
-
2 685
-
municipal
8 233
-
32 584
-
pensions
3 392
-
13 515
-
total
13 584
-
84 103
-
Employer
50 268
-
200 220
-
accident
51
-
199
-
pensions
8 721
-
34 738
-
unemployment
326
-
1 302
-
health
386
-
1 541
-
total
9 484
-
37 780
-
Corporate
178 248
238 000
-
-
income
35 650
47 600
-
-
total
35 650
47 600
-
-
Dividends

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

106 948
142 800
-
-
municipal
19 250
25 705
-
-
national
12 273
20 373
-
-
total
31 523
46 078
-
-
Income
238 000
238 000
238 000
238 000
Total tax
90 241
93 678
121 883
94 620
After tax
147 759
144 322
116 117
143 380
Living cost
36 682
36 682
36 682
36 682
Free-cash
111 077
107 640
79 435
106 698

Estimated living cost  is ₽36682 per week

₽23961
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽146075
₽151275
₽135159
₽137062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
social contributions
-
-
-
15 459
income
-
-
-
57 289
health
-
-
-
6 069
total
-
-
-
78 817
Employee
73 469
73 469
225 602
-
health
569
1 249
3 835
-
social contributions
2 778
6 098
8 224
-
income
8 000
6 801
56 263
-
total
11 347
14 148
68 322
-
Employer
73 469
73 469
225 602
-
social contributions
2 778
6 098
8 224
-
health
618
1 360
4 174
-
total
3 396
7 458
12 398
-
Corporate
201 136
157 074
-
-
income
25 143
19 634
-
-
total
25 143
19 634
-
-
Dividends
175 994
137 439
-
-
withholding
29 918
23 364
-
-
total
29 918
23 364
-
-
Income
238 000
238 000
238 000
238 000
Total tax
69 804
64 604
80 720
78 817
After tax
168 196
173 396
157 280
159 183
Living cost
22 121
22 121
22 121
22 121
Free-cash
146 075
151 275
135 159
137 062

Estimated living cost  is ₽22121 per week

₽13258
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2170
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.
₽6205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽177058
₽181918
₽169315
₽188476
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27
income
-
-
-
24 791
pensions
-
-
-
6 078
health
-
-
-
3 458
total
-
-
-
34 354
Employee

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

21 931
-
228 662
-
unemployment
109
-
453
-
health
1 864
-
7 706
-
pensions
3 289
-
13 598
-
income
1 499
-
22 421
-
total
6 761
-
44 178
-
Employer

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

21 931
-
228 662
-
pensions
1 206
-
4 986
-
unemployment
109
-
453
-
health
943
-
3 898
-
total
2 258
-
9 337
-
Corporate
213 812
238 000
-
-
income
19 243
21 420
-
-
total
19 243
21 420
-
-
Dividends
194 569
216 580
-
-
withholding
17 511
19 493
-
-
total
17 511
19 493
-
-
Income
238 000
238 000
238 000
238 000
Total tax
45 773
40 913
53 515
34 354
After tax
192 227
197 087
184 485
203 646
Living cost
15 170
15 170
15 170
15 170
Free-cash
177 058
181 918
169 315
188 476

Estimated living cost  is ₽15170 per week

₽9678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1093
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.
₽3945
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127307
₽131527
₽102502
₽106511
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
89
unemployment
-
-
-
620
income
-
-
-
78 647
pensions
-
-
-
25 061
accident
-
-
-
798
total
-
-
-
105 215
Employee
35 328
-
209 768
-
unemployment
548
-
1 373
-
other
34
-
89
-
pensions
1 661
-
4 163
-
income
6 811
-
75 367
-
total
9 054
-
80 992
-
Employer
35 328
-
209 768
-
other
283
-
709
-
accident
700
-
1 753
-
pensions
8 337
-
20 900
-
unemployment
1 944
-
4 870
-
total
11 264
-
28 232
-
Corporate
191 409
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.

28 711
35 701
-
-
total
28 711
35 701
-
-
Dividends
162 698
202 299
-
-
withholding
35 390
44 498
-
-
total
35 390
44 498
-
-
Income
238 000
238 000
238 000
238 000
Total tax
84 419
80 199
109 224
105 215
After tax
153 581
157 801
128 776
132 785
Living cost
26 274
26 274
26 274
26 274
Free-cash
127 307
131 527
102 502
106 511

Estimated living cost  is ₽26274 per week

₽17734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2526
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146400
₽146698
₽151692
₽151821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 083
pensions
-
-
-
1 323
health
-
-
-
959
total
-
-
-
84 365
Employee
2 762
-
236 512
-
unemployment
28
-
66
-
health
138
-
331
-
pensions
249
-
595
-
income
534
-
82 014
-
total
949
-
83 006
-
Employer
2 762
-
236 512
-
pensions
304
-
728
-
unemployment
55
-
132
-
health
262
-
628
-
total
621
-
1 488
-
Corporate
234 616
238 000
-
-
income
51 616
52 360
-
-
total
51 616
52 360
-
-
Dividends
183 001
185 640
-
-
withholding
36 600
37 128
-
-
total
36 600
37 128
-
-
Income
238 000
238 000
238 000
238 000
Total tax
89 786
89 488
84 494
84 365
After tax
148 214
148 512
153 506
153 635
Living cost
1 814
1 814
1 814
1 814
Free-cash
146 400
146 698
151 692
151 821

Estimated living cost  is ₽1814 per week

₽1078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150768
₽155461
₽139346
₽139347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 057
income
-
-
-
55 516
pensions
-
-
-
18 326
health
-
-
-
7 260
total
-
-
-
82 159
Employee

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

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

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

24 872
-
225 383
-
unemployment
187
-
529
-
health
1 281
-
3 630
-
pensions
3 482
-
9 868
-
income
3 428
-
55 516
-
total
8 378
-
69 543
-
Employer

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

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

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

24 872
-
225 383
-
pensions
2 985
-
8 458
-
unemployment
187
-
529
-
health
1 281
-
3 630
-
total
4 453
-
12 617
-
Corporate
208 676
238 000
-
-
income
31 301
35 700
-
-
total
31 301
35 700
-
-
Dividends
177 375
202 300
-
-
withholding
26 606
30 345
-
-
total
26 606
30 345
-
-
Income
238 000
238 000
238 000
238 000
Total tax
70 738
66 045
82 160
82 159
After tax
167 262
171 955
155 840
155 841
Living cost
16 494
16 494
16 494
16 494
Free-cash
150 768
155 461
139 346
139 347

Estimated living cost  is ₽16494 per week

₽11105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109272
₽109615
₽77783
₽97231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
238 000
social contributions

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

-
-
-
82 704
income
-
-
-
32 307
surtax
-
-
-
-
total
-
-
-
115 011
Employee
37 083
-
192 324
-
surtax
-
-
653
-
social contributions
4 080
-
21 156
-
income
7 246
-
66 974
-
total
11 326
-
88 783
-
Employer
37 083
-
192 324
-
social contributions
8 806
-
45 676
-
total
8 806
-
45 676
-
Corporate
192 111
238 000
-
-
income
40 344
49 981
-
-
surtax
-
-
-
-
total
40 344
49 981
-
-
Dividends
151 767
188 019
-
-
withholding
42 494
52 646
-
-
total
42 494
52 646
-
-
Income
238 000
238 000
238 000
238 000
Total tax
102 970
102 627
134 459
115 011
After tax
135 030
135 373
103 541
122 989
Living cost
25 758
25 758
25 758
25 758
Free-cash
109 272
109 615
77 783
97 231

Estimated living cost  is ₽25758 per week

₽18244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117971
₽124223
₽95198
₽99207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
89
unemployment
-
-
-
620
income
-
-
-
78 647
pensions
-
-
-
25 061
accident
-
-
-
798
total
-
-
-
105 215
Employee
46 143
-
209 768
-
unemployment
714
-
1 373
-
other
45
-
89
-
pensions
2 169
-
4 163
-
income
9 638
-
75 367
-
total
12 566
-
80 992
-
Employer
46 143
-
209 768
-
other
370
-
709
-
accident
914
-
1 753
-
pensions
10 890
-
20 900
-
unemployment
2 538
-
4 870
-
total
14 712
-
28 232
-
Corporate
177 145
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.

26 571
35 701
-
-
total
26 571
35 701
-
-
Dividends
150 573
202 299
-
-
withholding
32 602
44 498
-
-
total
32 602
44 498
-
-
Income
238 000
238 000
238 000
238 000
Total tax
86 451
80 199
109 224
105 215
After tax
151 549
157 801
128 776
132 785
Living cost
33 578
33 578
33 578
33 578
Free-cash
117 971
124 223
95 198
99 207

Estimated living cost  is ₽33578 per week

₽24115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
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.
₽6380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽181239
₽187060
₽187049
₽176962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
133
income
-
-
-
35 700
pensions

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

-
-
-
4 938
health
-
-
-
3 837
total
-
-
-
44 608
Employee
21 756
-
231 455
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
health
1 001
-
1 535
-
pensions

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

1 910
-
2 929
-
income
2 176
-
23 145
-
total
5 326
-
27 976
-
Employer
21 756
-
231 455
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
pensions

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

2 397
-
3 676
-
unemployment
131
-
200
-
health
1 501
-
2 302
-
total
4 268
-
6 545
-
Corporate
211 976
238 000
-
-
income
21 198
23 800
-
-
total
21 198
23 800
-
-
Dividends
190 778
214 200
-
-
withholding
9 539
10 710
-
-
total
9 539
10 710
-
-
Income
238 000
238 000
238 000
238 000
Total tax
40 331
34 510
34 521
44 608
After tax
197 669
203 490
203 479
193 392
Living cost
16 430
16 430
16 430
16 430
Free-cash
181 239
187 060
187 049
176 962

Estimated living cost  is ₽16430 per week

₽10867
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97985
₽85484
₽108818
₽81039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 779
income

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

-
-
-
81 297
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.

-
-
-
6 527
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.

-
-
-
4 471
total
-
-
-
120 074
Employee

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

47 539
-
238 000
-
surtax

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

216
-
4 471
-
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.

6 527
-
6 527
-
income

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

3 909
-
81 297
-
total
10 652
-
92 295
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
190 461
238 000
-
-
trade
27 331
34 152
-
-
income
28 569
35 701
-
-
surtax

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

1 572
1 964
-
-
chamber of commerce
424
493
-
-
total
57 896
72 310
-
-
Dividends
132 564
165 691
-
-
withholding
32 778
41 060
-
-
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.

1 802
2 259
-
-
total
34 580
43 319
-
-
Income
238 000
238 000
238 000
238 000
Total tax
103 128
115 629
92 295
120 074
After tax
134 872
122 371
145 705
117 926
Living cost
36 887
36 887
36 887
36 887
Free-cash
97 985
85 484
108 818
81 039

Estimated living cost  is ₽36887 per week

₽25445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114282
₽112175
₽62844
₽62844
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
social contributions
-
-
-
41 322
income
-
-
-
79 408
total
-
-
-
120 730
Employee
74 737
-
238 000
-
social contributions
6 209
-
41 322
-
income
14 103
-
79 408
-
total
20 312
-
120 730
-
Employer
74 737
-
238 000
-
total
-
-
-
-
Corporate
163 263
238 000
-
-
income
20 409
29 750
-
-
total
20 409
29 750
-
-
Dividends
142 855
208 250
-
-
withholding
28 571
41 649
-
-
total
28 571
41 649
-
-
Income
238 000
238 000
238 000
238 000
Total tax
69 292
71 399
120 730
120 730
After tax
168 708
166 601
117 270
117 270
Living cost
54 426
54 426
54 426
54 426
Free-cash
114 282
112 175
62 844
62 844

Estimated living cost  is ₽54426 per week

₽41406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118309
₽114968
₽130286
₽161796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 820
income
-
-
-
35 701
total
-
-
-
41 521
Employee
43 830
-
233 605
-
social contributions
4 391
-
4 395
-
income
4 756
-
64 241
-
total
9 147
-
68 636
-
Employer
43 830
-
233 605
-
social contributions
4 391
-
4 395
-
total
4 391
-
4 395
-
Corporate
189 779
238 000
-
-
income
66 422
83 301
-
-
total
66 422
83 301
-
-
Dividends
123 356
154 699
-
-
social contributions
5 048
5 048
-
-
total
5 048
5 048
-
-
Income
238 000
238 000
238 000
238 000
Total tax
85 008
88 349
73 031
41 521
After tax
152 992
149 651
164 969
196 479
Living cost
34 683
34 683
34 683
34 683
Free-cash
118 309
114 968
130 286
161 796

Estimated living cost  is ₽34683 per week

₽22845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118679
₽113134
₽96420
₽117555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
75 781
pensions
-
-
-
9 886
total
-
-
-
85 667
Employee
47 738
-
207 231
-
health
623
-
2 720
-
pensions
3 644
-
11 624
-
income
8 693
-
61 689
-
total
12 960
-
76 033
-
Employer
47 738
-
207 231
-
pensions
4 823
-
26 833
-
health
907
-
3 936
-
total
5 730
-
30 769
-
Corporate
184 532
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.

35 060
45 220
-
-
total
35 060
45 220
-
-
Dividends
149 472
192 780
-
-
withholding
30 793
44 868
-
-
total
30 793
44 868
-
-
Income
238 000
238 000
238 000
238 000
Total tax
84 543
90 088
106 802
85 667
After tax
153 457
147 912
131 198
152 333
Living cost
34 778
34 778
34 778
34 778
Free-cash
118 679
113 134
96 420
117 555

Estimated living cost  is ₽34778 per week

₽23857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3198
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15712
-₽3963
₽108360
₽139218
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other
-
-
-
362
income
-
-
-
68 746
pensions
-
-
-
4 059
accident
-
-
-
246
health
-
-
-
2 128
total
-
-
-
75 541
Employee
36 559
-
218 259
-
health
4 186
-
24 991
-
pensions
4 117
-
7 443
-
income
5 016
-
54 224
-
total
13 319
-
86 658
-
Employer
36 559
-
218 259
-
accident
610
-
3 645
-
pensions
5 944
-
10 749
-
unemployment
896
-
5 347
-
total
7 450
-
19 741
-
Corporate
193 991
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.

174 592
214 200
-
-
total
174 592
214 200
-
-
Dividends
19 399
23 800
-
-
withholding
3 686
4 522
-
-
total
3 686
4 522
-
-
Income
238 000
238 000
238 000
238 000
Total tax
199 047
218 722
106 399
75 541
After tax
38 953
19 278
131 601
162 459
Living cost
23 241
23 241
23 241
23 241
Free-cash
15 712
-3 963
108 360
139 218

Estimated living cost  is ₽23241 per week

₽17056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1354
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166279
₽169169
₽163801
₽142799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 833
income
-
-
-
40 295
pensions
-
-
-
28 105
health insurance
-
-
-
11 303
work injury
-
-
-
764
total
-
-
-
82 300
Employee

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

20 642
-
238 000
-
health insurance
1 528
-
5 652
-
unemployment
248
-
916
-
work injury
103
-
382
-
pensions
3 798
-
14 053
-
income
2 064
-
40 295
-
total
7 741
-
61 298
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
217 358
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%.

21 736
23 800
-
-
total
21 736
23 800
-
-
Dividends
195 622
214 200
-
-
withholding
29 343
32 130
-
-
total
29 343
32 130
-
-
Income
238 000
238 000
238 000
238 000
Total tax
58 820
55 930
61 298
82 300
After tax
179 180
182 070
176 702
155 700
Living cost
12 901
12 901
12 901
12 901
Free-cash
166 279
169 169
163 801
142 799

Estimated living cost  is ₽12901 per week

₽7993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3569
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82952
₽87298
₽67150
₽74999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
6 013
social contributions
-
-
-
47 819
municipal
-
-
-
1 712
national
-
-
-
69 394
total
-
-
-
124 938
Employee
80 512
-
238 000
-
national
13 606
-
62 999
-
regional
1 216
-
5 518
-
municipal
480
-
1 577
-
social contributions
27 148
-
62 693
-
total
42 450
-
132 787
-
Employer
80 512
-
238 000
-
total
-
-
-
-
Corporate
157 488
238 000
-
-
nationa
37 797
57 121
-
-
municipal
7 592
11 472
-
-
total
45 389
68 593
-
-
Dividends
112 100
169 407
-
-
withholding
29 146
44 046
-
-
total
29 146
44 046
-
-
Income
238 000
238 000
238 000
238 000
Total tax
116 985
112 639
132 787
124 938
After tax
121 015
125 361
105 213
113 062
Living cost
38 063
38 063
38 063
38 063
Free-cash
82 952
87 298
67 150
74 999

Estimated living cost  is ₽38063 per week

₽26736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2618
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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