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
₽89964
₽116202
₽85962
₽100909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
238 000
income

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

-
-
-
80 634
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.

-
-
-
4 435
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.

-
-
-
6 760
trade
-
-
-
30 240
total
-
-
-
122 069
Employee

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

37 844
-
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.

58
-
4 435
-
income

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

1 057
-
80 634
-
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.

6 760
-
6 760
-
total
7 875
-
91 829
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
200 156
238 000
-
-
income
30 024
35 700
-
-
surtax

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

1 650
1 964
-
-
chamber of commerce
437
492
-
-
trade
31 524
37 485
-
-
total
63 635
75 641
-
-
Dividends
136 520
162 359
-
-
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.

1 857
2 212
-
-
withholding
33 755
40 214
-
-
total
35 612
42 426
-
-
Income
238 000
238 000
238 000
238 000
Total tax
107 122
118 067
91 829
122 069
After tax
130 878
119 933
146 171
115 931
Living cost
29 969
29 969
29 969
29 969
Free-cash
100 909
89 964
116 202
85 962

Estimated living cost  is ₽29969 per week

₽18852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96110
₽84059
₽82782
₽95239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
social contributions
-
-
-
2 558
municipal
-
-
-
26 469
national
-
-
-
45 229
pensions
-
-
-
28 560
total
-
-
-
102 816
Employee
81 232
-
205 749
-
municipal
10 033
-
27 390
-
pensions
3 249
-
8 230
-
national
15 548
-
47 247
-
total
28 830
-
82 867
-
Employer
81 232
-
205 749
-
pensions
6 499
-
16 460
-
social contributions
873
-
2 212
-
total
7 372
-
18 672
-
Corporate
144 035
238 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

28 807
47 600
-
-
total
28 807
47 600
-
-
Dividends
115 228
190 400
-
-
withholding
25 350
41 888
-
-
total
25 350
41 888
-
-
Income
238 000
238 000
238 000
238 000
Total tax
90 359
89 488
101 539
102 816
After tax
147 641
148 512
136 461
135 184
Living cost
52 402
52 402
52 402
52 402
Free-cash
95 239
96 110
84 059
82 782

Estimated living cost  is ₽52402 per week

₽35617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽784
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169815
₽83701
₽67018
₽161699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
238 000
income
-
-
-
51 797
surtax
-
-
-
60 690
social contributions

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

-
-
-
37 910
microenterprise
-
-
-
-
total
-
-
-
150 397
Employee
28 912
-
188 822
-
surtax
-
-
27 380
-
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.

3 181
-
12 971
-
income
5 147
-
44 185
-
total
8 328
-
84 536
-
Employer
28 912
-
188 822
-
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.

6 964
-
28 407
-
surtax
-
-
20 771
-
total
6 964
-
49 178
-
Corporate
202 124
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%.

40 424
47 600
-
-
total
40 424
47 600
-
-
Dividends

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

161 700
190 400
-
-
total
-
-
-
-
Income
238 000
238 000
238 000
238 000
Total tax
55 716
47 600
133 714
150 397
After tax
182 284
190 400
104 286
87 603
Living cost
20 585
20 585
20 585
20 585
Free-cash
161 699
169 815
83 701
67 018

Estimated living cost  is ₽20585 per week

₽13132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1960
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.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77334
₽110735
₽85512
₽71273
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
87 245
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
111 039
Employee
84 494
84 494
219 612
-
pensions
15 209
11 593
11 593
-
income

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

13 830
13 830
43 634
-
health
12 969
11 031
12 201
-
total
42 008
36 454
67 428
-
Employer
84 494
84 494
219 612
-
health
5 873
5 873
7 298
-
pensions
5 881
5 881
7 310
-
unemployment
3 042
3 042
3 780
-
total
14 796
14 796
18 388
-
Corporate
139 746
138 710
-
-
income
27 949
27 742
-
-
total
27 949
27 742
-
-
Dividends
111 797
110 967
-
-
income
23 756
23 580
-
-
withholding
16 769
16 645
-
-
total
40 525
40 225
-
-
Income
238 000
238 000
238 000
238 000
Total tax
125 278
119 217
85 816
111 039
After tax
112 722
118 783
152 184
126 961
Living cost
41 449
41 449
41 449
41 449
Free-cash
71 273
77 334
110 735
85 512

Estimated living cost  is ₽41449 per week

₽29374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89131
₽76837
₽77827
₽88216
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
accident
-
-
-
179
other
-
-
-
10 395
unemployment
-
-
-
90
health
-
-
-
5 582
municipal
-
-
-
63 244
national
-
-
-
30 196
pensions
-
-
-
9 670
total
-
-
-
119 356
Employee
58 161
-
209 893
-
municipal
17 344
-
62 590
-
national
-
-
29 648
-
total
17 344
-
92 238
-
Employer
58 161
-
209 893
-
health
3 577
-
5 502
-
pensions
6 287
-
9 670
-
accident
116
-
179
-
unemployment
1 535
-
2 362
-
other
6 758
-
10 395
-
total
18 273
-
28 108
-
Corporate
161 565
238 000
-
-
income
35 544
52 360
-
-
total
35 544
52 360
-
-
Dividends
126 021
185 640
-
-
withholding
37 806
55 692
-
-
total
37 806
55 692
-
-
Income
238 000
238 000
238 000
238 000
Total tax
108 967
108 052
120 346
119 356
After tax
129 033
129 948
117 654
118 644
Living cost
40 817
40 817
40 817
40 817
Free-cash
88 216
89 131
76 837
77 827

Estimated living cost  is ₽40817 per week

₽27052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79840
₽107302
₽75718
₽93743
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
238 000
income

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

-
-
-
80 634
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.

-
-
-
4 435
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.

-
-
-
6 760
trade
-
-
-
31 584
total
-
-
-
123 413
Employee

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

50 177
-
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.

237
-
4 435
-
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.

4 311
-
80 634
-
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.

6 760
-
6 760
-
total
11 308
-
91 829
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
187 823
238 000
-
-
income
28 174
35 700
-
-
surtax

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

1 549
1 964
-
-
chamber of commerce
417
488
-
-
trade
30 897
39 151
-
-
total
61 037
77 303
-
-
Dividends
126 786
160 697
-
-
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.

1 722
2 189
-
-
withholding
31 321
39 799
-
-
total
33 043
41 988
-
-
Income
238 000
238 000
238 000
238 000
Total tax
105 388
119 291
91 829
123 413
After tax
132 612
118 709
146 171
114 587
Living cost
38 869
38 869
38 869
38 869
Free-cash
93 743
79 840
107 302
75 718

Estimated living cost  is ₽38869 per week

₽25996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141322
₽125469
₽127389
₽137221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
56 440
social contributions
-
-
-
16 009
health
-
-
-
6 069
total
-
-
-
78 518
Employee
76 083
76 083
225 315
-
social contributions
3 697
6 315
8 517
-
income
7 989
7 043
55 406
-
health
757
1 294
3 830
-
total
12 443
14 652
67 753
-
Employer
76 083
76 083
225 315
-
health
824
1 408
4 168
-
social contributions
3 697
6 315
8 517
-
total
4 521
7 723
12 685
-
Corporate
188 943
154 194
-
-
income
23 617
19 274
-
-
total
23 617
19 274
-
-
Dividends
165 326
134 920
-
-
withholding
28 105
22 936
-
-
total
28 105
22 936
-
-
Income
238 000
238 000
238 000
238 000
Total tax
68 686
64 585
80 438
78 518
After tax
169 314
173 415
157 562
159 482
Living cost
32 093
32 093
32 093
32 093
Free-cash
137 221
141 322
125 469
127 389

Estimated living cost  is ₽32093 per week

₽21939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽115397
₽119804
₽146707
₽115777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

26 224
10 437
199 163
-
unemployment
393
157
2 987
-
pensions
2 622
1 044
19 916
-
income
3 206
1 276
24 348
-
health
1 836
731
13 941
-
total
8 057
3 208
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.

26 224
10 437
199 163
-
pensions
5 114
2 035
38 837
-
total
5 114
2 035
38 837
-
Corporate
206 662
225 528
-
-
income
18 600
20 298
-
-
total
18 600
20 298
-
-
Dividends
188 062
205 230
-
-
social contributions
36 553
39 901
-
-
withholding
35 732
38 994
-
-
total
72 285
78 895
-
-
Income
238 000
238 000
238 000
238 000
Total tax
104 056
104 436
100 029
73 126
After tax
133 944
133 564
137 971
164 874
Living cost
18 167
18 167
18 167
18 167
Free-cash
115 777
115 397
119 804
146 707

Estimated living cost  is ₽18167 per week

₽12397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽363
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166501
₽113283
₽103669
₽160356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
31 892
health
-
-
-
30 940
pensions
-
-
-
47 600
total
-
-
-
110 432
Employee
28 069
-
177 876
-
unemployment
449
-
2 847
-
pensions
561
-
3 558
-
income
3 160
-
34 293
-
total
4 170
-
40 698
-
Employer
28 069
-
177 876
-
health
3 648
-
23 123
-
pensions
5 614
-
35 574
-
unemployment
225
-
1 423
-
total
9 487
-
60 120
-
Corporate
200 443
238 000
-
-
income
40 088
47 600
-
-
total
40 088
47 600
-
-
Dividends
160 355
190 400
-
-
total
-
-
-
-
Income
238 000
238 000
238 000
238 000
Total tax
53 745
47 600
100 818
110 432
After tax
184 255
190 400
137 182
127 568
Living cost
23 899
23 899
23 899
23 899
Free-cash
160 356
166 501
113 283
103 669

Estimated living cost  is ₽23899 per week

₽16392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2784
₽109372
₽140414
₽15895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
accident
-
-
-
253
income
-
-
-
68 539
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
75 524
Employee
34 705
-
217 971
-
pensions
3 908
-
7 651
-
income
4 761
-
53 930
-
health
3 974
-
24 957
-
total
12 643
-
86 538
-
Employer
34 705
-
217 971
-
pensions
5 643
-
11 048
-
accident
579
-
3 640
-
unemployment
850
-
5 340
-
total
7 072
-
20 028
-
Corporate
196 222
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.

176 600
214 200
-
-
total
176 600
214 200
-
-
Dividends
19 622
23 800
-
-
withholding
3 728
4 522
-
-
total
3 728
4 522
-
-
Income
238 000
238 000
238 000
238 000
Total tax
200 043
218 722
106 566
75 524
After tax
37 957
19 278
131 434
162 476
Living cost
22 062
22 062
22 062
22 062
Free-cash
15 895
-2 784
109 372
140 414

Estimated living cost  is ₽22062 per week

₽16170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽218000
₽182300
₽227520
₽216481
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
238 000
microenterprise

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

-
-
-
2 380
total
-
-
-
2 380
Employee
10 125
-
238 000
-
income
2 025
-
47 600
-
total
2 025
-
47 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

227 875
238 000
-
-
total
-
-
-
-
Dividends
227 875
238 000
-
-
withholding
11 394
11 900
-
-
total
11 394
11 900
-
-
Income
238 000
238 000
238 000
238 000
Total tax
13 419
11 900
47 600
2 380
After tax
224 581
226 100
190 400
235 620
Living cost
8 100
8 100
8 100
8 100
Free-cash
216 481
218 000
182 300
227 520

Estimated living cost  is ₽8100 per week

₽5020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148494
₽116982
₽118913
₽141811
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
42 844
other
-
-
-
7 146
health
-
-
-
6 621
pensions

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

-
-
-
36 111
total
-
-
-
92 722
Employee
35 926
-
199 690
-
unemployment
359
-
1 504
-
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.

2 514
-
10 532
-
income
6 185
-
42 200
-
health
503
-
2 107
-
total
9 561
-
56 343
-
Employer
35 926
-
199 690
-
health
503
-
2 107
-
pensions

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

6 108
-
25 579
-
accident
287
-
1 598
-
unemployment
359
-
1 504
-
other
1 797
-
7 522
-
total
9 054
-
38 310
-
Corporate
193 020
238 000
-
-
income
40 535
49 979
-
-
total
40 535
49 979
-
-
Dividends
152 485
188 021
-
-
withholding
10 674
13 162
-
-
total
10 674
13 162
-
-
Income
238 000
238 000
238 000
238 000
Total tax
69 824
63 141
94 653
92 722
After tax
168 176
174 859
143 347
145 278
Living cost
26 365
26 365
26 365
26 365
Free-cash
141 811
148 494
116 982
118 913

Estimated living cost  is ₽26365 per week

₽18628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82918
₽65870
₽87054
₽90855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
74 853
pensions
-
-
-
10 158
total
-
-
-
85 011
Employee
93 288
-
207 312
-
pensions
9 000
-
12 022
-
income
16 816
-
60 729
-
health
1 537
-
2 756
-
total
27 353
-
75 507
-
Employer
93 288
-
207 312
-
health
1 772
-
3 939
-
pensions
11 015
-
26 749
-
total
12 787
-
30 688
-
Corporate
131 926
238 000
-
-
income

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

25 067
45 220
-
-
total
25 067
45 220
-
-
Dividends
106 859
192 780
-
-
withholding
16 003
43 927
-
-
total
16 003
43 927
-
-
Income
238 000
238 000
238 000
238 000
Total tax
81 210
89 147
106 195
85 011
After tax
156 790
148 853
131 805
152 989
Living cost
65 935
65 935
65 935
65 935
Free-cash
90 855
82 918
65 870
87 054

Estimated living cost  is ₽65935 per week

₽49406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽190516
₽190118
₽180097
₽185920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
35 700
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
44 929
Employee
17 180
-
231 219
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
pensions

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

1 508
-
3 035
-
income
1 718
-
23 122
-
health
790
-
1 590
-
total
4 205
-
28 127
-
Employer
17 180
-
231 219
-
health
1 186
-
2 385
-
pensions

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

1 893
-
3 809
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
unemployment
103
-
207
-
total
3 371
-
6 781
-
Corporate
217 449
238 000
-
-
income
21 745
23 800
-
-
total
21 745
23 800
-
-
Dividends
195 704
214 200
-
-
withholding
9 785
10 710
-
-
total
9 785
10 710
-
-
Income
238 000
238 000
238 000
238 000
Total tax
39 106
34 510
34 908
44 929
After tax
198 894
203 490
203 092
193 071
Living cost
12 974
12 974
12 974
12 974
Free-cash
185 920
190 516
190 118
180 097

Estimated living cost  is ₽12974 per week

₽7575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63917
₽97318
₽72095
₽66404
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
87 245
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
111 039
Employee
91 734
84 494
219 612
-
pensions
11 593
11 593
11 593
-
income

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

13 830
13 830
43 634
-
health
11 444
11 031
12 201
-
total
36 867
36 454
67 428
-
Employer
91 734
84 494
219 612
-
health
6 375
5 873
7 298
-
pensions
6 384
5 881
7 310
-
unemployment
3 303
3 042
3 780
-
total
16 062
14 796
18 388
-
Corporate
130 205
138 710
-
-
income
26 041
27 742
-
-
total
26 041
27 742
-
-
Dividends
104 164
110 967
-
-
income
22 136
23 580
-
-
withholding
15 624
16 645
-
-
total
37 760
40 225
-
-
Income
238 000
238 000
238 000
238 000
Total tax
116 730
119 217
85 816
111 039
After tax
121 270
118 783
152 184
126 961
Living cost
54 866
54 866
54 866
54 866
Free-cash
66 404
63 917
97 318
72 095

Estimated living cost  is ₽54866 per week

₽40473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Amsterdam model

Close
Brno , Czech Republic
₽139277
₽106323
₽116879
₽130506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
25 574
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
3 453
health
-
-
-
32 130
total
-
-
-
96 535
Employee
36 156
-
190 560
-
solidarity contribution
-
-
2 506
-
social contributions
2 350
-
7 875
-
income
4 339
-
23 544
-
health
4 881
-
25 726
-
total
11 570
-
59 651
-
Employer
36 156
-
190 560
-
health
3 254
-
17 150
-
social contributions
9 039
-
30 290
-
total
12 293
-
47 440
-
Corporate
189 551
238 000
-
-
income
36 015
45 220
-
-
total
36 015
45 220
-
-
Dividends
153 536
192 780
-
-
withholding
23 030
28 917
-
-
total
23 030
28 917
-
-
Income
238 000
238 000
238 000
238 000
Total tax
82 908
74 137
107 091
96 535
After tax
155 092
163 863
130 909
141 465
Living cost
24 586
24 586
24 586
24 586
Free-cash
130 506
139 277
106 323
116 879

Estimated living cost  is ₽24586 per week

₽17078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85233
₽65528
₽73915
₽80065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 521
regional
-
-
-
3 084
municipal
-
-
-
1 508
national
-
-
-
68 221
total
-
-
-
122 334
Employee
87 936
-
238 000
-
municipal
466
-
1 384
-
national
15 237
-
61 598
-
regional
830
-
2 815
-
social contributions
29 652
-
64 924
-
total
46 185
-
130 721
-
Employer
87 936
-
238 000
-
total
-
-
-
-
Corporate
150 064
238 000
-
-
municipal
5 853
9 281
-
-
nationa
36 015
57 120
-
-
total
41 868
66 401
-
-
Dividends
108 196
171 599
-
-
withholding
28 131
44 615
-
-
total
28 131
44 615
-
-
Income
238 000
238 000
238 000
238 000
Total tax
116 184
111 016
130 721
122 334
After tax
121 816
126 984
107 279
115 666
Living cost
41 751
41 751
41 751
41 751
Free-cash
80 065
85 233
65 528
73 915

Estimated living cost  is ₽41751 per week

₽29104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127867
₽83901
₽89948
₽124787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 001
other
-
-
-
-
surtax
-
-
-
13 206
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
126 218
Employee
32 720
-
210 203
-
other
-
-
-
-
unemployment
2 278
-
9 191
-
pensions
2 182
-
8 808
-
surtax
107
-
12 021
-
income
5 485
-
71 082
-
health
836
-
3 367
-
total
10 888
-
104 469
-
Employer
32 720
-
210 203
-
health
1 489
-
6 008
-
pensions
4 362
-
17 603
-
unemployment
1 036
-
4 185
-
other
-
-
-
-
total
6 887
-
27 796
-
Corporate
198 392
238 000
-
-
income
51 583
61 880
-
-
total
51 583
61 880
-
-
Dividends
146 810
176 120
-
-
withholding
22 021
26 419
-
-
total
22 021
26 419
-
-
Income
238 000
238 000
238 000
238 000
Total tax
91 379
88 299
132 265
126 218
After tax
146 621
149 701
105 735
111 782
Living cost
21 834
21 834
21 834
21 834
Free-cash
124 787
127 867
83 901
89 948

Estimated living cost  is ₽21834 per week

₽13350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103808
₽86760
₽107944
₽110321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
74 853
pensions
-
-
-
10 158
total
-
-
-
85 011
Employee
62 519
-
207 312
-
pensions
5 306
-
12 022
-
income
11 260
-
60 729
-
health
908
-
2 756
-
total
17 474
-
75 507
-
Employer
62 519
-
207 312
-
health
1 188
-
3 939
-
pensions
6 768
-
26 749
-
total
7 956
-
30 688
-
Corporate
167 526
238 000
-
-
income

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

31 830
45 220
-
-
total
31 830
45 220
-
-
Dividends
135 696
192 780
-
-
withholding
25 374
43 927
-
-
total
25 374
43 927
-
-
Income
238 000
238 000
238 000
238 000
Total tax
82 634
89 147
106 195
85 011
After tax
155 366
148 853
131 805
152 989
Living cost
45 045
45 045
45 045
45 045
Free-cash
110 321
103 808
86 760
107 944

Estimated living cost  is ₽45045 per week

₽33747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30624
₽101786
₽110059
₽64086
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
other

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

-
-
-
4 761
regional
-
-
-
13 541
health
-
-
-
536
city
-
-
-
2 509
national
-
-
-
6 489
pensions
-
-
-
21 897
total
-
-
-
49 733
Employee
91 524
-
214 418
-
unemployment
-
-
-
-
pensions
7 689
-
16 453
-
national
433
-
5 395
-
regional
2 997
-
12 130
-
city
982
-
2 322
-
health
207
-
482
-
total
12 308
-
36 782
-
Employer
91 524
-
214 418
-
health
207
-
482
-
pensions
7 689
-
16 453
-
unemployment
-
-
-
-
other

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

1 830
-
4 289
-
total
9 726
-
21 224
-
Corporate
135 744
238 000
-
-
regional
28 710
50 338
-
-
national
11 538
20 229
-
-
total
40 248
70 567
-
-
Dividends
95 496
167 433
-
-
withholding
33 424
58 601
-
-
total
33 424
58 601
-
-
Income
238 000
238 000
238 000
238 000
Total tax
95 706
129 168
58 006
49 733
After tax
142 294
108 832
179 994
188 267
Living cost
78 208
78 208
78 208
78 208
Free-cash
64 086
30 624
101 786
110 059

Estimated living cost  is ₽78208 per week

₽50858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽960
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽72160
₽100844
₽67916
₽88203
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
238 000
income

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

-
-
-
80 634
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.

-
-
-
4 435
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.

-
-
-
6 760
trade
-
-
-
32 928
total
-
-
-
124 757
Employee

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

59 464
-
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.

385
-
4 435
-
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.

6 992
-
80 634
-
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.

6 760
-
6 760
-
total
14 137
-
91 829
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 536
238 000
-
-
income
26 781
35 700
-
-
surtax

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

1 472
1 964
-
-
chamber of commerce
402
484
-
-
trade
30 619
40 816
-
-
total
59 274
78 964
-
-
Dividends
119 262
159 035
-
-
surtax

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

1 619
2 167
-
-
withholding
29 440
39 382
-
-
total
31 059
41 549
-
-
Income
238 000
238 000
238 000
238 000
Total tax
104 470
120 513
91 829
124 757
After tax
133 530
117 487
146 171
113 243
Living cost
45 327
45 327
45 327
45 327
Free-cash
88 203
72 160
100 844
67 916

Estimated living cost  is ₽45327 per week

₽33105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86099
₽87099
₽95047
₽91942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
46 522
other
-
-
-
7 377
surtax
-
-
-
-
social contributions
-
-
-
6 782
health
-
-
-
12 053
pensions
-
-
-
36 367
total
-
-
-
109 101
Employee
42 347
-
180 867
-
pensions
4 788
-
13 959
-
surtax
-
-
-
-
social contributions
1 207
-
5 152
-
income
2 499
-
40 803
-
total
8 494
-
59 914
-
Employer
42 347
-
180 867
-
health
2 965
-
18 370
-
pensions
6 957
-
23 252
-
unemployment
1 714
-
7 325
-
social contributions
128
-
543
-
other
1 461
-
7 645
-
total
13 225
-
57 135
-
Corporate
182 429
238 000
-
-
income
51 080
66 640
-
-
surtax
-
-
-
-
total
51 080
66 640
-
-
Dividends
131 349
171 360
-
-
surtax
-
-
-
-
social contributions
22 594
29 474
-
-
withholding
16 813
21 935
-
-
total
39 407
51 409
-
-
Income
238 000
238 000
238 000
238 000
Total tax
112 206
118 049
117 049
109 101
After tax
125 794
119 951
120 951
128 899
Living cost
33 852
33 852
33 852
33 852
Free-cash
91 942
86 099
87 099
95 047

Estimated living cost  is ₽33852 per week

₽21345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89453
₽90453
₽98401
₽94951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
46 522
other
-
-
-
7 377
surtax
-
-
-
-
social contributions
-
-
-
6 782
health
-
-
-
12 053
pensions
-
-
-
36 367
total
-
-
-
109 101
Employee
37 800
-
180 867
-
pensions
4 275
-
13 959
-
surtax
-
-
-
-
social contributions
1 078
-
5 152
-
income
1 949
-
40 803
-
total
7 302
-
59 914
-
Employer
37 800
-
180 867
-
health
2 646
-
18 370
-
pensions
6 211
-
23 252
-
unemployment
1 530
-
7 325
-
social contributions
113
-
543
-
other
1 305
-
7 645
-
total
11 805
-
57 135
-
Corporate
188 395
238 000
-
-
income
52 751
66 640
-
-
surtax
-
-
-
-
total
52 751
66 640
-
-
Dividends
135 644
171 360
-
-
surtax
-
-
-
-
social contributions
23 330
29 474
-
-
withholding
17 363
21 935
-
-
total
40 693
51 409
-
-
Income
238 000
238 000
238 000
238 000
Total tax
112 551
118 049
117 049
109 101
After tax
125 449
119 951
120 951
128 899
Living cost
30 498
30 498
30 498
30 498
Free-cash
94 951
89 453
90 453
98 401

Estimated living cost  is ₽30498 per week

₽17688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124221
₽125083
₽131863
₽124736
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
35 700
social contributions
-
-
-
32 844
health
-
-
-
16 612
total
-
-
-
85 156
Employee
33 548
-
238 000
-
social contributions
4 630
-
32 844
-
income
5 595
-
42 480
-
health
2 341
-
16 612
-
total
12 566
-
91 936
-
Employer
33 548
-
238 000
-
total
-
-
-
-
Corporate
204 452
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%.

10 222
11 901
-
-
total
10 222
11 901
-
-
Dividends
194 230
226 099
-
-
social contributions
26 804
31 201
-
-
withholding
29 134
33 914
-
-
health
13 557
15 782
-
-
total
69 495
80 897
-
-
Income
238 000
238 000
238 000
238 000
Total tax
92 283
92 798
91 936
85 156
After tax
145 717
145 202
146 064
152 844
Living cost
20 981
20 981
20 981
20 981
Free-cash
124 736
124 221
125 083
131 863

Estimated living cost  is ₽20981 per week

₽14041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96213
₽27199
₽86809
₽94684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
78 884
surtax
-
-
-
195
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
952
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
116 327
Employee
49 448
39 431
198 487
-
other
494
394
1 157
-
unemployment
1 483
1 183
3 468
-
pensions
5 064
4 037
11 837
-
income
5 629
2 908
66 807
-
health
1 913
1 527
4 473
-
total
14 583
10 049
87 742
-
Employer
49 448
39 431
198 487
-
chamber of commerce
197
158
794
-
health
1 868
1 491
4 369
-
pensions
6 206
4 949
14 507
-
accident
642
513
1 502
-
unemployment
1 483
1 183
3 468
-
surtax
195
195
195
-
payroll
1 483
1 183
5 954
-
other
2 349
1 872
8 724
-
total
14 423
11 544
39 513
-
Corporate
174 128
187 025
194 731
-
income

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

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

43 532
46 755
48 682
-
total
43 532
46 755
48 682
-
Dividends
130 596
140 270
-
-
withholding
35 914
38 575
-
-
total
35 914
38 575
-
-
Income
238 000
238 000
238 000
238 000
Total tax
108 452
106 923
175 937
116 327
After tax
129 548
131 077
62 063
121 673
Living cost
34 864
34 864
34 864
34 864
Free-cash
94 684
96 213
27 199
86 809

Estimated living cost  is ₽34864 per week

₽23253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and 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

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
₽93670
₽44164
₽67518
₽82059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
communal

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

-
-
-
12 800
social contributions
-
-
-
24 668
national
-
-
-
96 938
total
-
-
-
134 406
Employee

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

70 775
-
184 337
-
unemployment

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

616
-
1 604
-
communal

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

3 691
-
9 615
-
pensions

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

5 308
-
13 825
-
national
21 759
-
70 393
-
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.

3 325
-
8 663
-
total
34 699
-
104 100
-
Employer

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

70 775
-
184 337
-
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.

4 352
-
11 337
-
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.

6 271
-
16 332
-
accident

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

920
-
2 398
-
unemployment

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

1 033
-
2 691
-
surtax
8 025
-
20 902
-
total
20 601
-
53 660
-
Corporate
146 623
238 000
-
-
income
29 325
52 122
-
-
surtax
586
1 042
-
-
total
29 911
53 164
-
-
Dividends
116 712
184 836
-
-
withholding

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

34 654
55 090
-
-
total
34 654
55 090
-
-
Income
238 000
238 000
238 000
238 000
Total tax
119 865
108 254
157 760
134 406
After tax
118 135
129 746
80 240
103 594
Living cost
36 076
36 076
36 076
36 076
Free-cash
82 059
93 670
44 164
67 518

Estimated living cost  is ₽36076 per week

₽23238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122142
₽92968
₽97120
₽115362
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
accident
-
-
-
826
income
-
-
-
77 634
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
105 147
Employee
49 252
-
208 763
-
other
49
-
92
-
unemployment
764
-
1 421
-
pensions
2 315
-
4 311
-
income
10 392
-
74 238
-
total
13 520
-
80 062
-
Employer
49 252
-
208 763
-
pensions
11 623
-
21 644
-
accident
975
-
1 816
-
unemployment
2 709
-
5 043
-
other
392
-
734
-
total
15 699
-
29 237
-
Corporate
173 049
238 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

25 957
35 700
-
-
total
25 957
35 700
-
-
Dividends
147 092
202 300
-
-
withholding
31 729
44 425
-
-
total
31 729
44 425
-
-
Income
238 000
238 000
238 000
238 000
Total tax
86 905
80 125
109 299
105 147
After tax
151 095
157 875
128 701
132 853
Living cost
35 733
35 733
35 733
35 733
Free-cash
115 362
122 142
92 968
97 120

Estimated living cost  is ₽35733 per week

₽26313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79661
₽66253
₽57104
₽66054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
communal
-
-
-
15 042
accident
-
-
-
1 983
income
-
-
-
46 468
surtax
-
-
-
11 842
health
-
-
-
16 529
pensions
-
-
-
35 262
total
-
-
-
127 126
Employee
74 930
-
212 595
-
pensions
5 993
-
17 008
-
surtax
4 593
-
13 029
-
income
7 237
-
53 075
-
health
3 335
-
9 460
-
total
21 158
-
92 572
-
Employer
74 930
-
212 595
-
health
2 285
-
6 484
-
pensions
5 993
-
17 008
-
accident
674
-
1 913
-
total
8 952
-
25 405
-
Corporate
154 118
238 000
-
-
communal
10 402
16 065
-
-
income
23 118
35 700
-
-
surtax
1 619
2 499
-
-
total
35 139
54 264
-
-
Dividends
118 979
183 736
-
-
income
35 080
22 745
-
-
withholding
17 847
27 560
-
-
total
52 927
50 305
-
-
Income
238 000
238 000
238 000
238 000
Total tax
118 176
104 569
117 977
127 126
After tax
119 824
133 431
120 023
110 874
Living cost
53 770
53 770
53 770
53 770
Free-cash
66 054
79 661
66 253
57 104

Estimated living cost  is ₽53770 per week

₽40336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
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.
₽9606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127477
₽83511
₽89558
₽124331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 001
other
-
-
-
-
surtax
-
-
-
13 206
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
126 218
Employee
33 321
-
210 203
-
other
-
-
-
-
unemployment
2 319
-
9 191
-
pensions
2 223
-
8 808
-
surtax
118
-
12 021
-
income
5 586
-
71 082
-
health
851
-
3 367
-
total
11 097
-
104 469
-
Employer
33 321
-
210 203
-
health
1 515
-
6 008
-
pensions
4 443
-
17 603
-
unemployment
1 057
-
4 185
-
other
-
-
-
-
total
7 015
-
27 796
-
Corporate
197 664
238 000
-
-
income
51 393
61 880
-
-
total
51 393
61 880
-
-
Dividends
146 271
176 120
-
-
withholding
21 940
26 419
-
-
total
21 940
26 419
-
-
Income
238 000
238 000
238 000
238 000
Total tax
91 445
88 299
132 265
126 218
After tax
146 555
149 701
105 735
111 782
Living cost
22 224
22 224
22 224
22 224
Free-cash
124 331
127 477
83 511
89 558

Estimated living cost  is ₽22224 per week

₽13418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
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.
₽6360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98444
₽79927
₽88271
₽96249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 521
regional
-
-
-
3 826
municipal
-
-
-
1 508
national
-
-
-
68 221
total
-
-
-
123 076
Employee
54 886
-
238 000
-
municipal
291
-
1 384
-
national
8 695
-
61 598
-
regional
739
-
3 514
-
social contributions
18 508
-
64 924
-
total
28 233
-
131 420
-
Employer
54 886
-
238 000
-
total
-
-
-
-
Corporate
183 114
238 000
-
-
municipal
9 101
11 829
-
-
nationa
43 947
57 120
-
-
total
53 048
68 949
-
-
Dividends
130 067
169 051
-
-
withholding
33 817
43 954
-
-
total
33 817
43 954
-
-
Income
238 000
238 000
238 000
238 000
Total tax
115 098
112 903
131 420
123 076
After tax
122 902
125 097
106 580
114 924
Living cost
26 653
26 653
26 653
26 653
Free-cash
96 249
98 444
79 927
88 271

Estimated living cost  is ₽26653 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133566
₽100612
₽111168
₽122758
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
25 574
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
3 453
health
-
-
-
32 130
total
-
-
-
96 535
Employee
44 554
-
190 560
-
solidarity contribution
-
-
2 506
-
social contributions
2 896
-
7 875
-
income
5 346
-
23 544
-
health
6 015
-
25 726
-
total
14 257
-
59 651
-
Employer
44 554
-
190 560
-
health
4 010
-
17 150
-
social contributions
11 138
-
30 290
-
total
15 148
-
47 440
-
Corporate
178 298
238 000
-
-
income
33 877
45 220
-
-
total
33 877
45 220
-
-
Dividends
144 421
192 780
-
-
withholding
21 663
28 917
-
-
total
21 663
28 917
-
-
Income
238 000
238 000
238 000
238 000
Total tax
84 945
74 137
107 091
96 535
After tax
153 055
163 863
130 909
141 465
Living cost
30 297
30 297
30 297
30 297
Free-cash
122 758
133 566
100 612
111 168

Estimated living cost  is ₽30297 per week

₽22530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99617
₽30541
₽90301
₽99128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
78 884
surtax
-
-
-
-
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
952
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
116 132
Employee
43 251
39 431
198 669
-
other
432
394
1 157
-
unemployment
1 297
1 183
3 468
-
pensions
4 429
4 037
11 837
-
income
3 853
2 908
66 899
-
health
1 673
1 527
4 473
-
total
11 684
10 049
87 834
-
Employer
43 251
39 431
198 669
-
chamber of commerce
173
158
794
-
health
1 635
1 491
4 369
-
pensions
5 428
4 949
14 507
-
accident
561
513
1 502
-
unemployment
1 297
1 183
3 468
-
surtax
-
-
-
-
payroll
1 297
1 183
5 960
-
other
2 054
1 872
8 729
-
total
12 445
11 349
39 329
-
Corporate
182 302
187 221
194 915
-
income

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

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

45 576
46 804
48 729
-
total
45 576
46 804
48 729
-
Dividends
136 725
140 416
-
-
withholding
37 600
38 614
-
-
total
37 600
38 614
-
-
Income
238 000
238 000
238 000
238 000
Total tax
107 305
106 816
175 892
116 132
After tax
130 695
131 184
62 108
121 868
Living cost
31 567
31 567
31 567
31 567
Free-cash
99 128
99 617
30 541
90 301

Estimated living cost  is ₽31567 per week

₽18936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽213477
₽177777
₽222997
₽211110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 779
-
238 000
-
income
3 156
-
47 600
-
total
3 156
-
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%.

222 221
238 000
-
-
total
-
-
-
-
Dividends
222 221
238 000
-
-
withholding
11 111
11 900
-
-
total
11 111
11 900
-
-
Income
238 000
238 000
238 000
238 000
Total tax
14 267
11 900
47 600
2 380
After tax
223 733
226 100
190 400
235 620
Living cost
12 623
12 623
12 623
12 623
Free-cash
211 110
213 477
177 777
222 997

Estimated living cost  is ₽12623 per week

₽8542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137323
₽77163
₽82332
₽129047
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
238 000
income
-
-
-
61 890
unemployment
-
-
-
357
health
-
-
-
23 418
pensions
-
-
-
43 464
total
-
-
-
129 129
Employee

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

43 753
-
205 935
-
unemployment
62
-
289
-
pensions
6 782
-
31 920
-
income
7 545
-
56 721
-
health
2 826
-
13 303
-
total
17 215
-
102 233
-
Employer

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

43 753
-
205 935
-
health
2 914
-
13 716
-
pensions
3 872
-
18 225
-
unemployment
26
-
124
-
total
6 812
-
32 065
-
Corporate
187 434
238 000
-
-
income
35 613
45 220
-
-
total
35 613
45 220
-
-
Dividends
151 821
192 780
-
-
withholding
22 774
28 918
-
-
total
22 774
28 918
-
-
Income
238 000
238 000
238 000
238 000
Total tax
82 414
74 138
134 298
129 129
After tax
155 586
163 862
103 702
108 871
Living cost
26 539
26 539
26 539
26 539
Free-cash
129 047
137 323
77 163
82 332

Estimated living cost  is ₽26539 per week

₽18213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101372
₽181332
₽121050
₽53498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
46 391
social contributions
-
-
-
27 132
total
-
-
-
73 523
Employee
62 268
-
-
-
social contributions
5 106
-
728
-
income
13 735
-
-
-
total
18 841
-
728
-
Employer
62 268
-
-
-
social contributions
87 798
-
12 513
-
total
87 798
-
12 513
-
Corporate
87 935
238 000
-
-
income
19 346
52 360
-
-
total
19 346
52 360
-
-
Dividends
68 589
185 640
-
-
income
15 090
40 841
-
-
total
15 090
40 841
-
-
Income
238 000
238 000
238 000
238 000
Total tax
141 075
93 201
13 241
73 523
After tax
96 925
144 799
224 759
164 477
Living cost
43 427
43 427
43 427
43 427
Free-cash
53 498
101 372
181 332
121 050

Estimated living cost  is ₽43427 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4084
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.
₽10612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104339
₽73174
₽92336
₽103341
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
238 000
income
-
-
-
31 923
surtax
-
-
-
-
social contributions

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

-
-
-
82 705
total
-
-
-
114 628
Employee
45 507
-
192 322
-
surtax
-
-
524
-
social contributions
5 006
-
21 156
-
income
9 466
-
66 434
-
total
14 472
-
88 114
-
Employer
45 507
-
192 322
-
social contributions
10 808
-
45 676
-
total
10 808
-
45 676
-
Corporate
181 686
238 000
-
-
income
38 154
49 979
-
-
surtax
-
-
-
-
total
38 154
49 979
-
-
Dividends
143 532
188 021
-
-
withholding
40 189
52 646
-
-
total
40 189
52 646
-
-
Income
238 000
238 000
238 000
238 000
Total tax
103 623
102 625
133 790
114 628
After tax
134 377
135 375
104 210
123 372
Living cost
31 036
31 036
31 036
31 036
Free-cash
103 341
104 339
73 174
92 336

Estimated living cost  is ₽31036 per week

₽23221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72162
₽73162
₽81110
₽78964
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
46 522
other
-
-
-
7 377
surtax
-
-
-
-
social contributions
-
-
-
6 782
health
-
-
-
12 053
pensions
-
-
-
36 367
total
-
-
-
109 101
Employee
61 971
-
180 867
-
pensions
7 009
-
13 959
-
surtax
-
-
-
-
social contributions
1 765
-
5 152
-
income
5 407
-
40 803
-
total
14 181
-
59 914
-
Employer
61 971
-
180 867
-
health
4 337
-
18 370
-
pensions
10 183
-
23 252
-
unemployment
2 510
-
7 325
-
social contributions
186
-
543
-
other
2 139
-
7 645
-
total
19 355
-
57 135
-
Corporate
156 674
238 000
-
-
income
43 870
66 640
-
-
surtax
-
-
-
-
total
43 870
66 640
-
-
Dividends
112 805
171 360
-
-
surtax
-
-
-
-
social contributions
19 402
29 474
-
-
withholding
14 439
21 935
-
-
total
33 841
51 409
-
-
Income
238 000
238 000
238 000
238 000
Total tax
111 247
118 049
117 049
109 101
After tax
126 753
119 951
120 951
128 899
Living cost
47 789
47 789
47 789
47 789
Free-cash
78 964
72 162
73 162
81 110

Estimated living cost  is ₽47789 per week

₽32343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽184459
₽149668
₽143344
₽181133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 556
social contributions
-
-
-
52 358
total
-
-
-
64 914
Employee
31 810
-
206 061
-
income
-
-
13 258
-
social contributions
2 067
-
13 393
-
total
2 067
-
26 651
-
Employer
31 810
-
206 061
-
social contributions
4 931
-
31 939
-
total
4 931
-
31 939
-
Corporate
201 260
238 000
-
-
income
20 127
23 799
-
-
total
20 127
23 799
-
-
Dividends
181 133
214 201
-
-
total
-
-
-
-
Income
238 000
238 000
238 000
238 000
Total tax
27 125
23 799
58 590
64 914
After tax
210 875
214 201
179 410
173 086
Living cost
29 742
29 742
29 742
29 742
Free-cash
181 133
184 459
149 668
143 344

Estimated living cost  is ₽29742 per week

₽19231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
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.
₽7710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22531
₽22531
₽89054
₽12231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
labour market
-
-
-
18 971
municipal
-
-
-
51 471
national
-
-
-
30 019
pensions
-
-
-
857
total
-
-
-
101 318
Employee
201 026
201 026
201 026
-
municipal
42 807
42 807
42 807
-
labour market
16 059
16 059
16 059
-
pensions
286
286
286
-
national
24 559
24 559
24 559
-
total
83 711
83 711
83 711
-
Employer
201 026
201 026
201 026
-
national
24 602
24 602
24 602
-
labour market
16 082
16 082
16 082
-
pensions
571
571
571
-
municipal
42 875
42 875
42 875
-
total
84 130
84 130
84 130
-
Corporate
22 530
-
-
-
income
4 957
-
-
-
total
4 957
-
-
-
Dividends
17 573
-
-
-
withholding
5 343
-
-
-
total
5 343
-
-
-
Income
238 000
238 000
238 000
238 000
Total tax
178 141
167 841
167 841
101 318
After tax
59 859
70 159
70 159
136 682
Living cost
47 628
47 628
47 628
47 628
Free-cash
12 231
22 531
22 531
89 054

Estimated living cost  is ₽47628 per week

₽32597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽732
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2459
₽109697
₽140739
₽15944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
accident
-
-
-
253
income
-
-
-
68 539
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
75 524
Employee
34 194
-
217 971
-
pensions
3 850
-
7 651
-
income
4 691
-
53 930
-
health
3 915
-
24 957
-
total
12 456
-
86 538
-
Employer
34 194
-
217 971
-
pensions
5 560
-
11 048
-
accident
571
-
3 640
-
unemployment
838
-
5 340
-
total
6 969
-
20 028
-
Corporate
196 838
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.

177 154
214 200
-
-
total
177 154
214 200
-
-
Dividends
19 684
23 800
-
-
withholding
3 740
4 522
-
-
total
3 740
4 522
-
-
Income
238 000
238 000
238 000
238 000
Total tax
200 319
218 722
106 566
75 524
After tax
37 681
19 278
131 434
162 476
Living cost
21 737
21 737
21 737
21 737
Free-cash
15 944
-2 459
109 697
140 739

Estimated living cost  is ₽21737 per week

₽15822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
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.
₽4268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107192
₽79002
₽106263
₽110245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
238 000
health
-
-
-
3 252
municipal
-
-
-
42 255
national
-
-
-
48 243
total
-
-
-
93 750
Employee
52 057
-
200 218
-
municipal
8 526
-
32 585
-
unemployment
781
-
3 002
-
pensions
3 513
-
13 515
-
national
860
-
31 457
-
health
389
-
2 670
-
total
14 069
-
83 229
-
Employer
52 057
-
200 218
-
health
400
-
1 542
-
pensions
9 032
-
34 738
-
accident
53
-
201
-
unemployment
338
-
1 301
-
total
9 823
-
37 782
-
Corporate
176 121
238 000
-
-
income
35 225
47 600
-
-
total
35 225
47 600
-
-
Dividends

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

105 672
142 800
-
-
municipal
19 021
25 703
-
-
national
11 630
19 518
-
-
total
30 651
45 221
-
-
Income
238 000
238 000
238 000
238 000
Total tax
89 768
92 821
121 011
93 750
After tax
148 232
145 179
116 989
144 250
Living cost
37 987
37 987
37 987
37 987
Free-cash
110 245
107 192
79 002
106 263

Estimated living cost  is ₽37987 per week

₽24813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150507
₽134654
₽136574
₽145123
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
56 440
social contributions
-
-
-
16 009
health
-
-
-
6 069
total
-
-
-
78 518
Employee
76 083
76 083
225 315
-
social contributions
2 877
6 315
8 517
-
income
8 284
7 043
55 406
-
health
590
1 294
3 830
-
total
11 751
14 652
67 753
-
Employer
76 083
76 083
225 315
-
health
640
1 408
4 168
-
social contributions
2 877
6 315
8 517
-
total
3 517
7 723
12 685
-
Corporate
199 824
154 194
-
-
income
24 978
19 274
-
-
total
24 978
19 274
-
-
Dividends
174 846
134 920
-
-
withholding
29 723
22 936
-
-
total
29 723
22 936
-
-
Income
238 000
238 000
238 000
238 000
Total tax
69 969
64 585
80 438
78 518
After tax
168 031
173 415
157 562
159 482
Living cost
22 908
22 908
22 908
22 908
Free-cash
145 123
150 507
134 654
136 574

Estimated living cost  is ₽22908 per week

₽13729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽181379
₽167802
₽187648
₽176344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
238 000
income
-
-
-
24 740
unemployment
-
-
-
28
health
-
-
-
3 581
pensions
-
-
-
6 294
total
-
-
-
34 643
Employee

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

22 711
-
228 330
-
unemployment
113
-
469
-
pensions
3 406
-
14 082
-
income
1 553
-
22 288
-
health
1 930
-
7 980
-
total
7 002
-
44 819
-
Employer

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

22 711
-
228 330
-
health
976
-
4 037
-
pensions
1 249
-
5 164
-
unemployment
113
-
469
-
total
2 338
-
9 670
-
Corporate
212 951
238 000
-
-
income
19 165
21 420
-
-
total
19 165
21 420
-
-
Dividends
193 786
216 580
-
-
withholding
17 442
19 492
-
-
total
17 442
19 492
-
-
Income
238 000
238 000
238 000
238 000
Total tax
45 947
40 912
54 489
34 643
After tax
192 053
197 088
183 511
203 357
Living cost
15 709
15 709
15 709
15 709
Free-cash
176 344
181 379
167 802
187 648

Estimated living cost  is ₽15709 per week

₽10023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130666
₽101492
₽105644
₽126294
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
accident
-
-
-
826
income
-
-
-
77 634
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
105 147
Employee
36 586
-
208 763
-
other
36
-
92
-
unemployment
567
-
1 421
-
pensions
1 720
-
4 311
-
income
7 053
-
74 238
-
total
9 376
-
80 062
-
Employer
36 586
-
208 763
-
pensions
8 633
-
21 644
-
accident
725
-
1 816
-
unemployment
2 013
-
5 043
-
other
293
-
734
-
total
11 664
-
29 237
-
Corporate
189 750
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.

28 463
35 700
-
-
total
28 463
35 700
-
-
Dividends
161 287
202 300
-
-
withholding
34 994
44 425
-
-
total
34 994
44 425
-
-
Income
238 000
238 000
238 000
238 000
Total tax
84 497
80 125
109 299
105 147
After tax
153 503
157 875
128 701
132 853
Living cost
27 209
27 209
27 209
27 209
Free-cash
126 294
130 666
101 492
105 644

Estimated living cost  is ₽27209 per week

₽18365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
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.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽146577
₽151491
₽151629
₽146260
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 002
health
-
-
-
1 023
pensions
-
-
-
1 411
total
-
-
-
84 436
Employee
2 947
-
236 412
-
unemployment
29
-
71
-
pensions
265
-
635
-
income
570
-
81 928
-
health
147
-
353
-
total
1 011
-
82 987
-
Employer
2 947
-
236 412
-
health
280
-
670
-
pensions
324
-
776
-
unemployment
59
-
141
-
total
663
-
1 587
-
Corporate
234 390
238 000
-
-
income
51 566
52 360
-
-
total
51 566
52 360
-
-
Dividends
182 824
185 640
-
-
withholding
36 565
37 128
-
-
total
36 565
37 128
-
-
Income
238 000
238 000
238 000
238 000
Total tax
89 805
89 488
84 574
84 436
After tax
148 195
148 512
153 426
153 564
Living cost
1 935
1 935
1 935
1 935
Free-cash
146 260
146 577
151 491
151 629

Estimated living cost  is ₽1935 per week

₽1150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154845
₽137884
₽137884
₽149976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
238 000
income
-
-
-
55 367
unemployment
-
-
-
1 097
health
-
-
-
7 531
pensions
-
-
-
19 011
total
-
-
-
83 006
Employee

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

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

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

25 801
-
224 912
-
unemployment
194
-
548
-
pensions
3 612
-
10 237
-
income
3 556
-
55 367
-
health
1 329
-
3 766
-
total
8 691
-
69 918
-
Employer

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

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

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

25 801
-
224 912
-
health
1 329
-
3 766
-
pensions
3 096
-
8 774
-
unemployment
194
-
548
-
total
4 619
-
13 088
-
Corporate
207 580
238 000
-
-
income
31 137
35 700
-
-
total
31 137
35 700
-
-
Dividends
176 443
202 300
-
-
withholding
26 467
30 345
-
-
total
26 467
30 345
-
-
Income
238 000
238 000
238 000
238 000
Total tax
70 914
66 045
83 006
83 006
After tax
167 086
171 955
154 994
154 994
Living cost
17 110
17 110
17 110
17 110
Free-cash
149 976
154 845
137 884
137 884

Estimated living cost  is ₽17110 per week

₽11520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108700
₽77535
₽96697
₽108341
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
238 000
income
-
-
-
31 923
surtax
-
-
-
-
social contributions

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

-
-
-
82 705
total
-
-
-
114 628
Employee
38 403
-
192 322
-
surtax
-
-
524
-
social contributions
4 225
-
21 156
-
income
7 504
-
66 434
-
total
11 729
-
88 114
-
Employer
38 403
-
192 322
-
social contributions
9 120
-
45 676
-
total
9 120
-
45 676
-
Corporate
190 478
238 000
-
-
income
40 000
49 979
-
-
surtax
-
-
-
-
total
40 000
49 979
-
-
Dividends
150 478
188 021
-
-
withholding
42 135
52 646
-
-
total
42 135
52 646
-
-
Income
238 000
238 000
238 000
238 000
Total tax
102 984
102 625
133 790
114 628
After tax
135 016
135 375
104 210
123 372
Living cost
26 675
26 675
26 675
26 675
Free-cash
108 341
108 700
77 535
96 697

Estimated living cost  is ₽26675 per week

₽18893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
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.
₽5456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123102
₽93928
₽98080
₽116624
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
accident
-
-
-
826
income
-
-
-
77 634
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
105 147
Employee
47 786
-
208 763
-
other
47
-
92
-
unemployment
740
-
1 421
-
pensions
2 246
-
4 311
-
income
9 981
-
74 238
-
total
13 014
-
80 062
-
Employer
47 786
-
208 763
-
pensions
11 277
-
21 644
-
accident
946
-
1 816
-
unemployment
2 629
-
5 043
-
other
383
-
734
-
total
15 235
-
29 237
-
Corporate
174 979
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.

26 248
35 700
-
-
total
26 248
35 700
-
-
Dividends
148 731
202 300
-
-
withholding
32 106
44 425
-
-
total
32 106
44 425
-
-
Income
238 000
238 000
238 000
238 000
Total tax
86 603
80 125
109 299
105 147
After tax
151 397
157 875
128 701
132 853
Living cost
34 773
34 773
34 773
34 773
Free-cash
116 624
123 102
93 928
98 080

Estimated living cost  is ₽34773 per week

₽24973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
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.
₽6607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽186467
₽186069
₽176048
₽180436
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
35 700
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
44 929
Employee
22 540
-
231 219
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
pensions

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

1 979
-
3 035
-
income
2 254
-
23 122
-
health
1 037
-
1 590
-
total
5 518
-
28 127
-
Employer
22 540
-
231 219
-
health
1 555
-
2 385
-
pensions

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

2 484
-
3 809
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
unemployment
135
-
207
-
total
4 422
-
6 781
-
Corporate
211 037
238 000
-
-
income
21 104
23 800
-
-
total
21 104
23 800
-
-
Dividends
189 933
214 200
-
-
withholding
9 497
10 710
-
-
total
9 497
10 710
-
-
Income
238 000
238 000
238 000
238 000
Total tax
40 541
34 510
34 908
44 929
After tax
197 459
203 490
203 092
193 071
Living cost
17 023
17 023
17 023
17 023
Free-cash
180 436
186 467
186 069
176 048

Estimated living cost  is ₽17023 per week

₽11259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84181
₽107971
₽80420
₽97126
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
238 000
income

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

-
-
-
80 634
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.

-
-
-
4 435
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.

-
-
-
6 760
trade
-
-
-
27 551
total
-
-
-
119 380
Employee

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

49 231
-
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.

223
-
4 435
-
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.

4 048
-
80 634
-
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.

6 760
-
6 760
-
total
11 031
-
91 829
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
188 769
238 000
-
-
income
28 315
35 700
-
-
surtax

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

1 557
1 964
-
-
chamber of commerce
426
499
-
-
trade
27 089
34 153
-
-
total
57 387
72 316
-
-
Dividends
131 382
165 684
-
-
surtax

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

1 786
2 257
-
-
withholding
32 470
41 046
-
-
total
34 256
43 303
-
-
Income
238 000
238 000
238 000
238 000
Total tax
102 674
115 619
91 829
119 380
After tax
135 326
122 381
146 171
118 620
Living cost
38 200
38 200
38 200
38 200
Free-cash
97 126
84 181
107 971
80 420

Estimated living cost  is ₽38200 per week

₽26351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110237
₽61609
₽61609
₽112422
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
78 846
social contributions
-
-
-
41 182
total
-
-
-
120 028
Employee
77 397
-
238 000
-
income
14 604
-
78 846
-
social contributions
6 430
-
41 182
-
total
21 034
-
120 028
-
Employer
77 397
-
238 000
-
total
-
-
-
-
Corporate
160 603
238 000
-
-
income
20 076
29 750
-
-
total
20 076
29 750
-
-
Dividends
140 528
208 250
-
-
withholding
28 105
41 650
-
-
total
28 105
41 650
-
-
Income
238 000
238 000
238 000
238 000
Total tax
69 215
71 400
120 028
120 028
After tax
168 785
166 600
117 972
117 972
Living cost
56 363
56 363
56 363
56 363
Free-cash
112 422
110 237
61 609
61 609

Estimated living cost  is ₽56363 per week

₽42880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113556
₽129419
₽160378
₽117014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

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

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

-
-
-
6 005
total
-
-
-
41 705
Employee
45 390
-
233 449
-
income
4 925
-
63 562
-
social contributions
4 548
-
4 551
-
total
9 473
-
68 113
-
Employer
45 390
-
233 449
-
social contributions
4 548
-
4 551
-
total
4 548
-
4 551
-
Corporate
188 063
238 000
-
-
income
65 821
83 300
-
-
total
65 821
83 300
-
-
Dividends
122 241
154 700
-
-
social contributions
5 227
5 227
-
-
total
5 227
5 227
-
-
Income
238 000
238 000
238 000
238 000
Total tax
85 069
88 527
72 664
41 705
After tax
152 931
149 473
165 336
196 295
Living cost
35 917
35 917
35 917
35 917
Free-cash
117 014
113 556
129 419
160 378

Estimated living cost  is ₽35917 per week

₽23658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112233
₽95185
₽116369
₽118072
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
income
-
-
-
74 853
pensions
-
-
-
10 158
total
-
-
-
85 011
Employee
50 266
-
207 312
-
pensions
3 837
-
12 022
-
income
9 154
-
60 729
-
health
656
-
2 756
-
total
13 647
-
75 507
-
Employer
50 266
-
207 312
-
health
955
-
3 939
-
pensions
5 078
-
26 749
-
total
6 033
-
30 688
-
Corporate
181 700
238 000
-
-
income

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

34 522
45 220
-
-
total
34 522
45 220
-
-
Dividends
147 178
192 780
-
-
withholding
29 106
43 927
-
-
total
29 106
43 927
-
-
Income
238 000
238 000
238 000
238 000
Total tax
83 308
89 147
106 195
85 011
After tax
154 692
148 853
131 805
152 989
Living cost
36 620
36 620
36 620
36 620
Free-cash
118 072
112 233
95 185
116 369

Estimated living cost  is ₽36620 per week

₽25121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4611
₽107545
₽138587
₽15613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
238 000
accident
-
-
-
253
income
-
-
-
68 539
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
75 524
Employee
37 578
-
217 971
-
pensions
4 231
-
7 651
-
income
5 155
-
53 930
-
health
4 303
-
24 957
-
total
13 689
-
86 538
-
Employer
37 578
-
217 971
-
pensions
6 110
-
11 048
-
accident
628
-
3 640
-
unemployment
921
-
5 340
-
total
7 659
-
20 028
-
Corporate
192 764
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.

173 487
214 200
-
-
total
173 487
214 200
-
-
Dividends
19 276
23 800
-
-
withholding
3 663
4 522
-
-
total
3 663
4 522
-
-
Income
238 000
238 000
238 000
238 000
Total tax
198 498
218 722
106 566
75 524
After tax
39 502
19 278
131 434
162 476
Living cost
23 889
23 889
23 889
23 889
Free-cash
15 613
-4 611
107 545
138 587

Estimated living cost  is ₽23889 per week

₽17532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168701
₽162663
₽140901
₽165706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
238 000
income
-
-
-
40 203
unemployment
-
-
-
1 899
work injury
-
-
-
791
health insurance
-
-
-
11 713
pensions
-
-
-
29 124
total
-
-
-
83 730
Employee

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

21 391
-
238 000
-
health insurance
1 583
-
5 857
-
unemployment
257
-
950
-
work injury
107
-
396
-
pensions
3 936
-
14 562
-
income
2 139
-
40 203
-
total
8 022
-
61 968
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
216 609
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%.

21 661
23 800
-
-
total
21 661
23 800
-
-
Dividends
194 949
214 200
-
-
withholding
29 242
32 130
-
-
total
29 242
32 130
-
-
Income
238 000
238 000
238 000
238 000
Total tax
58 925
55 930
61 968
83 730
After tax
179 075
182 070
176 032
154 270
Living cost
13 369
13 369
13 369
13 369
Free-cash
165 706
168 701
162 663
140 901

Estimated living cost  is ₽13369 per week

₽8282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85945
₽65070
₽73199
₽81445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 521
regional
-
-
-
5 946
municipal
-
-
-
1 696
national
-
-
-
68 221
total
-
-
-
125 384
Employee
83 377
-
238 000
-
municipal
498
-
1 558
-
national
14 090
-
61 598
-
regional
1 259
-
5 433
-
social contributions
28 114
-
64 924
-
total
43 961
-
133 513
-
Employer
83 377
-
238 000
-
total
-
-
-
-
Corporate
154 623
238 000
-
-
municipal
7 452
11 472
-
-
nationa
37 110
57 120
-
-
total
44 562
68 592
-
-
Dividends
110 061
169 407
-
-
withholding
28 615
44 046
-
-
total
28 615
44 046
-
-
Income
238 000
238 000
238 000
238 000
Total tax
117 138
112 638
133 513
125 384
After tax
120 862
125 362
104 487
112 616
Living cost
39 417
39 417
39 417
39 417
Free-cash
81 445
85 945
65 070
73 199

Estimated living cost  is ₽39417 per week

₽27688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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