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
₽ 239000
per

Your estimated
City
free-cash

Dresden , Germany
₽90106
₽101186
₽86253
₽116562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 000
trade
-
-
-
30 309
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.

-
-
-
80 820
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.

-
-
-
6 841
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.

-
-
-
4 445
total
-
-
-
122 415
Employee

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

38 302
-
239 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 841
-
6 841
-
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.

59
-
4 445
-
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.

1 070
-
80 820
-
total
7 970
-
92 106
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
200 698
239 000
-
-
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.

1 655
1 973
-
-
income
30 105
35 850
-
-
trade
31 610
37 642
-
-
chamber of commerce
441
496
-
-
total
63 811
75 961
-
-
Dividends
136 886
163 039
-
-
surtax

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

1 860
2 222
-
-
withholding
33 841
40 379
-
-
total
35 701
42 601
-
-
Income
239 000
239 000
239 000
239 000
Total tax
107 482
118 562
92 106
122 415
After tax
131 518
120 438
146 894
116 585
Living cost
30 332
30 332
30 332
30 332
Free-cash
101 186
90 106
116 562
86 253

Estimated living cost  is ₽30332 per week

₽19080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98615
₽97775
₽84555
₽85838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
municipal
-
-
-
26 632
pensions
-
-
-
28 680
national
-
-
-
46 043
social contributions
-
-
-
2 569
total
-
-
-
103 924
Employee
78 317
-
206 613
-
municipal
9 673
-
27 557
-
pensions
3 133
-
8 265
-
national
14 990
-
48 069
-
total
27 796
-
83 891
-
Employer
78 317
-
206 613
-
social contributions
842
-
2 221
-
pensions
6 265
-
16 529
-
total
7 107
-
18 750
-
Corporate
148 407
239 000
-
-
income

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

29 681
47 800
-
-
total
29 681
47 800
-
-
Dividends
118 725
191 200
-
-
withholding
26 120
42 064
-
-
total
26 120
42 064
-
-
Income
239 000
239 000
239 000
239 000
Total tax
90 704
89 864
102 641
103 924
After tax
148 296
149 136
136 359
135 076
Living cost
50 521
50 521
50 521
50 521
Free-cash
97 775
98 615
85 838
84 555

Estimated living cost  is ₽50521 per week

₽34339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽756
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170367
₽162153
₽67021
₽83799
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 000
microenterprise
-
-
-
-
income
-
-
-
51 834
surtax
-
-
-
60 944
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.

-
-
-
38 368
total
-
-
-
151 146
Employee
29 262
-
189 414
-
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.

3 219
-
13 128
-
surtax
-
-
27 466
-
income
5 209
-
44 189
-
total
8 428
-
84 783
-
Employer
29 262
-
189 414
-
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.

7 048
-
28 750
-
surtax
-
-
20 835
-
total
7 048
-
49 585
-
Corporate
202 690
239 000
-
-
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%.

40 538
47 800
-
-
total
40 538
47 800
-
-
Dividends

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

162 152
191 200
-
-
total
-
-
-
-
Income
239 000
239 000
239 000
239 000
Total tax
56 014
47 800
134 368
151 146
After tax
182 986
191 200
104 632
87 854
Living cost
20 833
20 833
20 833
20 833
Free-cash
162 153
170 367
83 799
67 021

Estimated living cost  is ₽20833 per week

₽13291
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
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.
₽5085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77311
₽71174
₽85641
₽110878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
87 328
pensions
-
-
-
11 733
health
-
-
-
12 348
total
-
-
-
111 409
Employee
85 516
85 516
220 390
-
health
13 126
11 165
12 348
-
income

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

13 998
13 998
43 481
-
pensions
15 393
11 733
11 733
-
total
42 517
36 896
67 562
-
Employer
85 516
85 516
220 390
-
unemployment
3 079
3 079
3 825
-
pensions
5 952
5 952
7 398
-
health
5 944
5 944
7 387
-
total
14 975
14 975
18 610
-
Corporate
139 558
138 509
-
-
income
27 912
27 701
-
-
total
27 912
27 701
-
-
Dividends
111 646
110 808
-
-
income
23 724
23 547
-
-
withholding
16 748
16 620
-
-
total
40 472
40 167
-
-
Income
239 000
239 000
239 000
239 000
Total tax
125 876
119 739
86 172
111 409
After tax
113 124
119 261
152 828
127 591
Living cost
41 950
41 950
41 950
41 950
Free-cash
71 174
77 311
110 878
85 641

Estimated living cost  is ₽41950 per week

₽29729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽667
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91947
₽91082
₽79930
₽78997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
municipal
-
-
-
63 972
accident
-
-
-
169
pensions
-
-
-
9 132
other
-
-
-
9 817
unemployment
-
-
-
85
health
-
-
-
5 272
national
-
-
-
32 076
total
-
-
-
120 523
Employee
54 926
-
212 456
-
municipal
16 379
-
63 354
-
national
-
-
31 558
-
total
16 379
-
94 912
-
Employer
54 926
-
212 456
-
accident
110
-
169
-
other
6 382
-
9 817
-
unemployment
1 450
-
2 230
-
pensions
5 937
-
9 132
-
health
3 378
-
5 196
-
total
17 257
-
26 544
-
Corporate
166 816
239 000
-
-
income
36 700
52 580
-
-
total
36 700
52 580
-
-
Dividends
130 117
186 420
-
-
withholding
39 035
55 926
-
-
total
39 035
55 926
-
-
Income
239 000
239 000
239 000
239 000
Total tax
109 371
108 506
121 456
120 523
After tax
129 629
130 494
117 544
118 477
Living cost
38 547
38 547
38 547
38 547
Free-cash
91 082
91 947
78 997
79 930

Estimated living cost  is ₽38547 per week

₽25547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79868
₽93943
₽75899
₽107555
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 000
trade
-
-
-
31 656
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.

-
-
-
80 820
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.

-
-
-
6 841
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.

-
-
-
4 445
total
-
-
-
123 762
Employee

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

50 783
-
239 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 841
-
6 841
-
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.

239
-
4 445
-
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.

4 363
-
80 820
-
total
11 443
-
92 106
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
188 217
239 000
-
-
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.

1 553
1 973
-
-
income
28 232
35 850
-
-
trade
30 962
39 316
-
-
chamber of commerce
420
492
-
-
total
61 167
77 631
-
-
Dividends
127 050
161 369
-
-
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.

1 726
2 199
-
-
withholding
31 382
39 963
-
-
total
33 108
42 162
-
-
Income
239 000
239 000
239 000
239 000
Total tax
105 718
119 793
92 106
123 762
After tax
133 282
119 207
146 894
115 238
Living cost
39 339
39 339
39 339
39 339
Free-cash
93 943
79 868
107 555
75 899

Estimated living cost  is ₽39339 per week

₽26310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141669
₽137515
₽127741
₽125809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
56 482
health
-
-
-
6 094
social contributions
-
-
-
16 202
total
-
-
-
78 778
Employee
77 003
77 003
226 195
-
social contributions
3 742
6 391
8 620
-
health
766
1 309
3 844
-
income
8 086
7 128
55 441
-
total
12 594
14 828
67 905
-
Employer
77 003
77 003
226 195
-
social contributions
3 742
6 391
8 620
-
health
834
1 425
4 185
-
total
4 576
7 816
12 805
-
Corporate
189 350
154 181
-
-
income
23 669
19 273
-
-
total
23 669
19 273
-
-
Dividends
165 681
134 907
-
-
withholding
28 165
22 933
-
-
total
28 165
22 933
-
-
Income
239 000
239 000
239 000
239 000
Total tax
69 004
64 850
80 710
78 778
After tax
169 996
174 150
158 290
160 222
Living cost
32 481
32 481
32 481
32 481
Free-cash
137 515
141 669
125 809
127 741

Estimated living cost  is ₽32481 per week

₽22204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115892
₽116272
₽147332
₽120315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
29 218
pensions
-
-
-
23 900
unemployment
-
-
-
3 585
health
-
-
-
16 730
total
-
-
-
73 433
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.

26 323
10 476
200 000
-
health
1 843
733
14 000
-
income
3 218
1 281
24 450
-
pensions
2 632
1 048
20 000
-
unemployment
395
157
3 000
-
total
8 088
3 219
61 450
-
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.

26 323
10 476
200 000
-
pensions
5 133
2 043
39 000
-
total
5 133
2 043
39 000
-
Corporate
207 544
226 481
-
-
income
18 679
20 383
-
-
total
18 679
20 383
-
-
Dividends
188 865
206 098
-
-
social contributions
36 709
40 069
-
-
withholding
35 884
39 159
-
-
total
72 593
79 228
-
-
Income
239 000
239 000
239 000
239 000
Total tax
104 493
104 873
100 450
73 433
After tax
134 507
134 127
138 550
165 567
Living cost
18 235
18 235
18 235
18 235
Free-cash
116 272
115 892
120 315
147 332

Estimated living cost  is ₽18235 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽167012
₽160792
₽103915
₽113569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
32 025
pensions
-
-
-
47 801
health
-
-
-
31 071
total
-
-
-
110 897
Employee
28 408
-
178 626
-
income
3 198
-
34 438
-
pensions
568
-
3 573
-
unemployment
454
-
2 858
-
total
4 220
-
40 869
-
Employer
28 408
-
178 626
-
unemployment
228
-
1 429
-
pensions
5 682
-
35 725
-
health
3 692
-
23 220
-
total
9 602
-
60 374
-
Corporate
200 989
239 000
-
-
income
40 198
47 800
-
-
total
40 198
47 800
-
-
Dividends
160 791
191 200
-
-
total
-
-
-
-
Income
239 000
239 000
239 000
239 000
Total tax
54 020
47 800
101 243
110 897
After tax
184 980
191 200
137 757
128 103
Living cost
24 188
24 188
24 188
24 188
Free-cash
160 792
167 012
113 569
103 915

Estimated living cost  is ₽24188 per week

₽16590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2590
₽15993
₽141204
₽110093
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
accident
-
-
-
252
income
-
-
-
68 898
pensions
-
-
-
4 151
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
75 847
Employee
34 527
-
218 986
-
health
3 953
-
25 074
-
income
4 737
-
54 258
-
pensions
3 888
-
7 612
-
total
12 578
-
86 944
-
Employer
34 527
-
218 986
-
accident
576
-
3 657
-
unemployment
846
-
5 365
-
pensions
5 614
-
10 992
-
total
7 036
-
20 014
-
Corporate
197 436
239 000
-
-
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.

177 693
215 100
-
-
total
177 693
215 100
-
-
Dividends
19 743
23 900
-
-
withholding
3 751
4 541
-
-
total
3 751
4 541
-
-
Income
239 000
239 000
239 000
239 000
Total tax
201 058
219 641
106 958
75 847
After tax
37 942
19 359
132 042
163 153
Living cost
21 949
21 949
21 949
21 949
Free-cash
15 993
-2 590
110 093
141 204

Estimated living cost  is ₽21949 per week

₽16087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1216
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.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽218039
₽216350
₽227599
₽182189
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
239 000
microenterprise

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

-
-
-
2 390
total
-
-
-
2 390
Employee
11 263
-
239 000
-
income
2 252
-
47 800
-
total
2 252
-
47 800
-
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%.

227 737
239 000
-
-
total
-
-
-
-
Dividends
227 737
239 000
-
-
withholding
11 387
11 950
-
-
total
11 387
11 950
-
-
Income
239 000
239 000
239 000
239 000
Total tax
13 639
11 950
47 800
2 390
After tax
225 361
227 050
191 200
236 610
Living cost
9 011
9 011
9 011
9 011
Free-cash
216 350
218 039
182 189
227 599

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽148910
₽142147
₽118942
₽117001
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
42 893
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.

-
-
-
36 548
other
-
-
-
7 233
health
-
-
-
6 701
total
-
-
-
93 375
Employee
36 360
-
200 242
-
health
509
-
2 132
-
income
6 260
-
42 245
-
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.

2 545
-
10 659
-
unemployment
363
-
1 522
-
total
9 677
-
56 558
-
Employer
36 360
-
200 242
-
accident
291
-
1 602
-
other
1 819
-
7 613
-
unemployment
363
-
1 522
-
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.

6 182
-
25 889
-
health
509
-
2 132
-
total
9 164
-
38 758
-
Corporate
193 477
239 000
-
-
income
40 630
50 190
-
-
total
40 630
50 190
-
-
Dividends
152 847
188 810
-
-
withholding
10 699
13 217
-
-
total
10 699
13 217
-
-
Income
239 000
239 000
239 000
239 000
Total tax
70 170
63 407
95 316
93 375
After tax
168 830
175 593
143 684
145 625
Living cost
26 683
26 683
26 683
26 683
Free-cash
142 147
148 910
117 001
118 942

Estimated living cost  is ₽26683 per week

₽18853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82429
₽90544
₽86484
₽65192
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
74 839
pensions
-
-
-
10 296
total
-
-
-
85 135
Employee
95 334
-
208 211
-
health
1 571
-
2 781
-
income
17 185
-
60 645
-
pensions
9 197
-
12 213
-
total
27 953
-
75 639
-
Employer
95 334
-
208 211
-
pensions
11 256
-
26 832
-
health
1 811
-
3 956
-
total
13 067
-
30 788
-
Corporate
130 600
239 000
-
-
income

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

24 813
45 411
-
-
total
24 813
45 411
-
-
Dividends
105 786
193 589
-
-
withholding
15 242
43 779
-
-
total
15 242
43 779
-
-
Income
239 000
239 000
239 000
239 000
Total tax
81 075
89 190
106 427
85 135
After tax
157 925
149 810
132 573
153 865
Living cost
67 381
67 381
67 381
67 381
Free-cash
90 544
82 429
65 192
86 484

Estimated living cost  is ₽67381 per week

₽50490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽191200
₽186543
₽180655
₽190701
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
35 850
pensions

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

-
-
-
5 183
unemployment
-
-
-
140
health
-
-
-
4 027
total
-
-
-
45 200
Employee
17 405
-
232 129
-
health
801
-
1 611
-
accident

We are using the highest rate at 1.1%.

192
-
385
-
income
1 740
-
23 213
-
pensions

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

1 528
-
3 075
-
total
4 261
-
28 284
-
Employer
17 405
-
232 129
-
accident

We are using the highest rate at 1.1%.

192
-
385
-
unemployment
104
-
210
-
pensions

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

1 918
-
3 859
-
health
1 201
-
2 416
-
total
3 415
-
6 870
-
Corporate
218 179
239 000
-
-
income
21 818
23 900
-
-
total
21 818
23 900
-
-
Dividends
196 361
215 100
-
-
withholding
9 818
10 755
-
-
total
9 818
10 755
-
-
Income
239 000
239 000
239 000
239 000
Total tax
39 312
34 655
35 154
45 200
After tax
199 688
204 345
203 846
193 800
Living cost
13 145
13 145
13 145
13 145
Free-cash
186 543
191 200
190 701
180 655

Estimated living cost  is ₽13145 per week

₽7674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63732
₽66248
₽72062
₽97299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
87 328
pensions
-
-
-
11 733
health
-
-
-
12 348
total
-
-
-
111 409
Employee
92 843
85 516
220 390
-
health
11 583
11 165
12 348
-
income

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

13 998
13 998
43 481
-
pensions
11 733
11 733
11 733
-
total
37 314
36 896
67 562
-
Employer
92 843
85 516
220 390
-
unemployment
3 343
3 079
3 825
-
pensions
6 461
5 952
7 398
-
health
6 452
5 944
7 387
-
total
16 256
14 975
18 610
-
Corporate
129 902
138 509
-
-
income
25 980
27 701
-
-
total
25 980
27 701
-
-
Dividends
103 922
110 808
-
-
income
22 084
23 547
-
-
withholding
15 589
16 620
-
-
total
37 673
40 167
-
-
Income
239 000
239 000
239 000
239 000
Total tax
117 223
119 739
86 172
111 409
After tax
121 777
119 261
152 828
127 591
Living cost
55 529
55 529
55 529
55 529
Free-cash
66 248
63 732
97 299
72 062

Estimated living cost  is ₽55529 per week

₽40962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140466
₽131873
₽118443
₽107776
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
25 811
health
-
-
-
32 265
solidarity contribution
-
-
-
3 737
social contributions
-
-
-
34 658
total
-
-
-
96 471
Employee
35 420
-
192 043
-
social contributions
2 302
-
7 715
-
health
4 782
-
25 926
-
solidarity contribution
-
-
2 780
-
income
4 250
-
23 760
-
total
11 334
-
60 181
-
Employer
35 420
-
192 043
-
social contributions
8 855
-
29 673
-
health
3 188
-
17 284
-
total
12 043
-
46 957
-
Corporate
191 537
239 000
-
-
income
36 392
45 410
-
-
total
36 392
45 410
-
-
Dividends
155 145
193 590
-
-
withholding
23 272
29 038
-
-
total
23 272
29 038
-
-
Income
239 000
239 000
239 000
239 000
Total tax
83 041
74 448
107 138
96 471
After tax
155 959
164 552
131 862
142 529
Living cost
24 086
24 086
24 086
24 086
Free-cash
131 873
140 466
107 776
118 443

Estimated living cost  is ₽24086 per week

₽16730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85260
₽80033
₽73786
₽65296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
municipal
-
-
-
1 511
regional
-
-
-
3 087
national
-
-
-
68 240
social contributions
-
-
-
50 120
total
-
-
-
122 958
Employee
88 999
-
239 000
-
social contributions
30 010
-
65 709
-
regional
840
-
2 817
-
municipal
471
-
1 387
-
national
15 421
-
61 535
-
total
46 742
-
131 448
-
Employer
88 999
-
239 000
-
total
-
-
-
-
Corporate
150 001
239 000
-
-
nationa
36 000
57 360
-
-
municipal
5 849
9 321
-
-
total
41 849
66 681
-
-
Dividends
108 152
172 319
-
-
withholding
28 120
44 803
-
-
total
28 120
44 803
-
-
Income
239 000
239 000
239 000
239 000
Total tax
116 711
111 484
131 448
122 958
After tax
122 289
127 516
107 552
116 042
Living cost
42 256
42 256
42 256
42 256
Free-cash
80 033
85 260
65 296
73 786

Estimated living cost  is ₽42256 per week

₽29455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128233
₽125115
₽90174
₽84052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
77 086
pensions
-
-
-
26 730
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 488
surtax
-
-
-
13 196
total
-
-
-
126 728
Employee
33 116
-
210 867
-
other
-
-
-
-
health
846
-
3 407
-
surtax
108
-
11 997
-
income
5 551
-
71 096
-
pensions
2 208
-
8 915
-
unemployment
2 305
-
9 302
-
total
11 018
-
104 717
-
Employer
33 116
-
210 867
-
other
-
-
-
-
unemployment
1 049
-
4 236
-
pensions
4 415
-
17 816
-
health
1 507
-
6 081
-
total
6 971
-
28 133
-
Corporate
198 914
239 000
-
-
income
51 718
62 140
-
-
total
51 718
62 140
-
-
Dividends
147 196
176 860
-
-
withholding
22 080
26 529
-
-
total
22 080
26 529
-
-
Income
239 000
239 000
239 000
239 000
Total tax
91 787
88 669
132 850
126 728
After tax
147 213
150 331
106 150
112 272
Living cost
22 098
22 098
22 098
22 098
Free-cash
125 115
128 233
84 052
90 174

Estimated living cost  is ₽22098 per week

₽13512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103777
₽110434
₽107832
₽86540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
74 839
pensions
-
-
-
10 296
total
-
-
-
85 135
Employee
63 890
-
208 211
-
health
927
-
2 781
-
income
11 507
-
60 645
-
pensions
5 423
-
12 213
-
total
17 857
-
75 639
-
Employer
63 890
-
208 211
-
pensions
6 916
-
26 832
-
health
1 214
-
3 956
-
total
8 130
-
30 788
-
Corporate
166 980
239 000
-
-
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.

31 727
45 411
-
-
total
31 727
45 411
-
-
Dividends
135 253
193 589
-
-
withholding
24 819
43 779
-
-
total
24 819
43 779
-
-
Income
239 000
239 000
239 000
239 000
Total tax
82 533
89 190
106 427
85 135
After tax
156 467
149 810
132 573
153 865
Living cost
46 033
46 033
46 033
46 033
Free-cash
110 434
103 777
86 540
107 832

Estimated living cost  is ₽46033 per week

₽34487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3450
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.
₽7613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽33648
₽66012
₽112705
₽104974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
city
-
-
-
2 520
pensions
-
-
-
21 988
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.

-
-
-
4 779
regional
-
-
-
13 867
health
-
-
-
538
national
-
-
-
6 962
total
-
-
-
50 654
Employee
88 519
-
215 520
-
city
950
-
2 337
-
regional
2 899
-
12 418
-
health
200
-
486
-
pensions
7 437
-
16 313
-
unemployment
-
-
-
-
national
419
-
5 721
-
total
11 905
-
37 275
-
Employer
88 519
-
215 520
-
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.

1 770
-
4 311
-
unemployment
-
-
-
-
pensions
7 437
-
16 313
-
health
200
-
486
-
total
9 407
-
21 110
-
Corporate
140 101
239 000
-
-
regional
29 631
50 548
-
-
national
11 909
20 315
-
-
total
41 540
70 863
-
-
Dividends
98 561
168 137
-
-
withholding
34 495
58 848
-
-
total
34 495
58 848
-
-
Income
239 000
239 000
239 000
239 000
Total tax
97 347
129 711
58 385
50 654
After tax
141 653
109 289
180 615
188 346
Living cost
75 641
75 641
75 641
75 641
Free-cash
66 012
33 648
104 974
112 705

Estimated living cost  is ₽75641 per week

₽49188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽929
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽72107
₽88345
₽68016
₽101019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 000
trade
-
-
-
33 003
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.

-
-
-
80 820
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.

-
-
-
6 841
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.

-
-
-
4 445
total
-
-
-
125 109
Employee

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

60 183
-
239 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 841
-
6 841
-
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.

390
-
4 445
-
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.

7 077
-
80 820
-
total
14 308
-
92 106
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
178 817
239 000
-
-
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.

1 475
1 973
-
-
income
26 823
35 850
-
-
trade
30 668
40 989
-
-
chamber of commerce
403
488
-
-
total
59 369
79 300
-
-
Dividends
119 448
159 700
-
-
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.

1 621
2 174
-
-
withholding
29 482
39 544
-
-
total
31 103
41 718
-
-
Income
239 000
239 000
239 000
239 000
Total tax
104 780
121 018
92 106
125 109
After tax
134 220
117 982
146 894
113 891
Living cost
45 875
45 875
45 875
45 875
Free-cash
88 345
72 107
101 019
68 016

Estimated living cost  is ₽45875 per week

₽33505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86193
₽92111
₽95334
₽87462
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
46 476
pensions
-
-
-
36 649
other
-
-
-
7 409
health
-
-
-
12 060
surtax
-
-
-
-
social contributions
-
-
-
6 811
total
-
-
-
109 405
Employee
42 859
-
181 702
-
social contributions
1 222
-
5 178
-
surtax
-
-
-
-
income
2 529
-
40 811
-
pensions
4 846
-
13 990
-
total
8 597
-
59 979
-
Employer
42 859
-
181 702
-
other
1 478
-
7 667
-
social contributions
129
-
545
-
unemployment
1 735
-
7 358
-
pensions
7 041
-
23 310
-
health
3 001
-
18 418
-
total
13 384
-
57 298
-
Corporate
182 757
239 000
-
-
surtax
-
-
-
-
income
51 173
66 921
-
-
total
51 173
66 921
-
-
Dividends
131 585
172 079
-
-
surtax
-
-
-
-
social contributions
22 631
29 598
-
-
withholding
16 843
22 027
-
-
total
39 474
51 625
-
-
Income
239 000
239 000
239 000
239 000
Total tax
112 628
118 546
117 277
109 405
After tax
126 372
120 454
121 723
129 595
Living cost
34 261
34 261
34 261
34 261
Free-cash
92 111
86 193
87 462
95 334

Estimated living cost  is ₽34261 per week

₽21603
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89587
₽95150
₽98728
₽90856
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
46 476
pensions
-
-
-
36 649
other
-
-
-
7 409
health
-
-
-
12 060
surtax
-
-
-
-
social contributions
-
-
-
6 811
total
-
-
-
109 405
Employee
38 257
-
181 702
-
social contributions
1 091
-
5 178
-
surtax
-
-
-
-
income
1 973
-
40 811
-
pensions
4 327
-
13 990
-
total
7 391
-
59 979
-
Employer
38 257
-
181 702
-
other
1 321
-
7 667
-
social contributions
114
-
545
-
unemployment
1 549
-
7 358
-
pensions
6 286
-
23 310
-
health
2 678
-
18 418
-
total
11 948
-
57 298
-
Corporate
188 795
239 000
-
-
surtax
-
-
-
-
income
52 862
66 921
-
-
total
52 862
66 921
-
-
Dividends
135 933
172 079
-
-
surtax
-
-
-
-
social contributions
23 382
29 598
-
-
withholding
17 400
22 027
-
-
total
40 782
51 625
-
-
Income
239 000
239 000
239 000
239 000
Total tax
112 983
118 546
117 277
109 405
After tax
126 017
120 454
121 723
129 595
Living cost
30 867
30 867
30 867
30 867
Free-cash
95 150
89 587
90 856
98 728

Estimated living cost  is ₽30867 per week

₽17901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3136
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124577
₽125096
₽132252
₽125485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
35 850
health
-
-
-
16 681
social contributions
-
-
-
32 983
total
-
-
-
85 514
Employee
33 954
-
239 000
-
social contributions
4 686
-
32 983
-
health
2 370
-
16 681
-
income
5 663
-
42 617
-
total
12 719
-
92 281
-
Employer
33 954
-
239 000
-
total
-
-
-
-
Corporate
205 046
239 000
-
-
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%.

10 252
11 949
-
-
total
10 252
11 949
-
-
Dividends
194 794
227 051
-
-
health
13 597
15 849
-
-
social contributions
26 882
31 333
-
-
withholding
29 220
34 058
-
-
total
69 699
81 240
-
-
Income
239 000
239 000
239 000
239 000
Total tax
92 670
93 189
92 281
85 514
After tax
146 330
145 811
146 719
153 486
Living cost
21 234
21 234
21 234
21 234
Free-cash
125 096
124 577
125 485
132 252

Estimated living cost  is ₽21234 per week

₽14211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96353
₽94808
₽86927
₽27089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
chamber of commerce
-
-
-
956
income
-
-
-
78 899
pensions
-
-
-
21 643
unemployment
-
-
-
6 142
health
-
-
-
8 949
surtax
-
-
-
198
total
-
-
-
116 787
Employee
50 046
39 907
199 136
-
other
500
399
1 171
-
health
1 936
1 545
4 527
-
income
5 697
2 944
66 740
-
pensions
5 125
4 086
11 980
-
unemployment
1 501
1 197
3 510
-
total
14 759
10 171
87 928
-
Employer
50 046
39 907
199 136
-
accident
650
519
1 520
-
other
2 377
1 895
8 761
-
chamber of commerce
200
160
796
-
unemployment
1 501
1 197
3 510
-
surtax
198
198
198
-
pensions
6 281
5 009
14 682
-
payroll
1 501
1 197
5 975
-
health
1 891
1 509
4 422
-
total
14 599
11 684
39 864
-
Corporate
174 356
187 409
195 336
-
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.

43 588
46 853
48 833
-
total
43 588
46 853
48 833
-
Dividends
130 767
140 556
-
-
withholding
35 960
38 653
-
-
total
35 960
38 653
-
-
Income
239 000
239 000
239 000
239 000
Total tax
108 906
107 361
176 625
116 787
After tax
130 094
131 639
62 375
122 213
Living cost
35 286
35 286
35 286
35 286
Free-cash
94 808
96 353
27 089
86 927

Estimated living cost  is ₽35286 per week

₽23534
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3010
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.
₽8162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93877
₽82006
₽67506
₽44136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
national
-
-
-
97 171
communal

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

-
-
-
12 843
social contributions
-
-
-
24 967
total
-
-
-
134 981
Employee

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

71 631
-
185 114
-
communal

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

3 736
-
9 656
-
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.

3 366
-
8 700
-
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.

5 372
-
13 884
-
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.

623
-
1 610
-
national
22 022
-
70 615
-
total
35 119
-
104 465
-
Employer

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

71 631
-
185 114
-
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.

931
-
2 406
-
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.

1 045
-
2 702
-
surtax
8 122
-
20 991
-
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.

6 347
-
16 402
-
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.

4 405
-
11 385
-
total
20 850
-
53 886
-
Corporate
146 518
239 000
-
-
surtax
585
1 043
-
-
income
29 303
52 206
-
-
total
29 888
53 249
-
-
Dividends
116 630
185 750
-
-
withholding

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

34 624
55 361
-
-
total
34 624
55 361
-
-
Income
239 000
239 000
239 000
239 000
Total tax
120 481
108 610
158 351
134 981
After tax
118 519
130 390
80 649
104 019
Living cost
36 513
36 513
36 513
36 513
Free-cash
82 006
93 877
44 136
67 506

Estimated living cost  is ₽36513 per week

₽23519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽122389
₽115530
₽97260
₽93059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
accident
-
-
-
836
income
-
-
-
77 729
pensions
-
-
-
26 267
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
105 575
Employee
49 847
-
209 410
-
other
49
-
93
-
income
10 518
-
74 291
-
pensions
2 343
-
4 363
-
unemployment
773
-
1 439
-
total
13 683
-
80 186
-
Employer
49 847
-
209 410
-
accident
986
-
1 838
-
other
397
-
743
-
unemployment
2 742
-
5 104
-
pensions
11 763
-
21 905
-
total
15 888
-
29 590
-
Corporate
173 264
239 000
-
-
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.

25 989
35 850
-
-
total
25 989
35 850
-
-
Dividends
147 274
203 150
-
-
withholding
31 745
44 596
-
-
total
31 745
44 596
-
-
Income
239 000
239 000
239 000
239 000
Total tax
87 305
80 446
109 776
105 575
After tax
151 695
158 554
129 224
133 425
Living cost
36 165
36 165
36 165
36 165
Free-cash
115 530
122 389
93 059
97 260

Estimated living cost  is ₽36165 per week

₽26632
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2565
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6446
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79725
₽65953
₽56831
₽66261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
accident
-
-
-
2 009
income
-
-
-
46 332
pensions
-
-
-
35 708
health
-
-
-
16 736
surtax
-
-
-
11 860
communal
-
-
-
15 104
total
-
-
-
127 749
Employee
75 836
-
213 488
-
health
3 375
-
9 502
-
surtax
4 648
-
13 084
-
income
7 325
-
53 143
-
pensions
6 066
-
17 078
-
total
21 414
-
92 807
-
Employer
75 836
-
213 488
-
accident
682
-
1 921
-
pensions
6 066
-
17 078
-
health
2 313
-
6 513
-
total
9 061
-
25 512
-
Corporate
154 104
239 000
-
-
surtax
1 617
2 510
-
-
communal
10 403
16 132
-
-
income
23 116
35 850
-
-
total
35 136
54 492
-
-
Dividends
118 968
184 507
-
-
income
35 172
22 686
-
-
withholding
17 844
27 677
-
-
total
53 016
50 363
-
-
Income
239 000
239 000
239 000
239 000
Total tax
118 627
104 855
118 319
127 749
After tax
120 373
134 145
120 681
111 251
Living cost
54 420
54 420
54 420
54 420
Free-cash
65 953
79 725
66 261
56 831

Estimated living cost  is ₽54420 per week

₽40823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3297
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.
₽9722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127838
₽124651
₽89779
₽83657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
77 086
pensions
-
-
-
26 730
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
9 488
surtax
-
-
-
13 196
total
-
-
-
126 728
Employee
33 724
-
210 867
-
other
-
-
-
-
health
861
-
3 407
-
surtax
120
-
11 997
-
income
5 654
-
71 096
-
pensions
2 250
-
8 915
-
unemployment
2 347
-
9 302
-
total
11 232
-
104 717
-
Employer
33 724
-
210 867
-
other
-
-
-
-
unemployment
1 070
-
4 236
-
pensions
4 496
-
17 816
-
health
1 534
-
6 081
-
total
7 100
-
28 133
-
Corporate
198 177
239 000
-
-
income
51 526
62 140
-
-
total
51 526
62 140
-
-
Dividends
146 650
176 860
-
-
withholding
21 998
26 529
-
-
total
21 998
26 529
-
-
Income
239 000
239 000
239 000
239 000
Total tax
91 856
88 669
132 850
126 728
After tax
147 144
150 331
106 150
112 272
Living cost
22 493
22 493
22 493
22 493
Free-cash
124 651
127 838
83 657
89 779

Estimated living cost  is ₽22493 per week

₽13580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98647
₽96424
₽88319
₽79874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
municipal
-
-
-
1 511
regional
-
-
-
3 834
national
-
-
-
68 240
social contributions
-
-
-
50 120
total
-
-
-
123 705
Employee
55 549
-
239 000
-
social contributions
18 732
-
65 709
-
regional
748
-
3 519
-
municipal
295
-
1 387
-
national
8 801
-
61 535
-
total
28 576
-
132 150
-
Employer
55 549
-
239 000
-
total
-
-
-
-
Corporate
183 451
239 000
-
-
nationa
44 027
57 360
-
-
municipal
9 118
11 879
-
-
total
53 145
69 239
-
-
Dividends
130 305
169 761
-
-
withholding
33 879
44 138
-
-
total
33 879
44 138
-
-
Income
239 000
239 000
239 000
239 000
Total tax
115 600
113 377
132 150
123 705
After tax
123 400
125 623
106 850
115 295
Living cost
26 976
26 976
26 976
26 976
Free-cash
96 424
98 647
79 874
88 319

Estimated living cost  is ₽26976 per week

₽16776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134872
₽124283
₽112849
₽102182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
25 811
health
-
-
-
32 265
solidarity contribution
-
-
-
3 737
social contributions
-
-
-
34 658
total
-
-
-
96 471
Employee
43 647
-
192 043
-
social contributions
2 837
-
7 715
-
health
5 892
-
25 926
-
solidarity contribution
-
-
2 780
-
income
5 238
-
23 760
-
total
13 967
-
60 181
-
Employer
43 647
-
192 043
-
social contributions
10 912
-
29 673
-
health
3 928
-
17 284
-
total
14 840
-
46 957
-
Corporate
180 513
239 000
-
-
income
34 298
45 410
-
-
total
34 298
45 410
-
-
Dividends
146 216
193 590
-
-
withholding
21 932
29 038
-
-
total
21 932
29 038
-
-
Income
239 000
239 000
239 000
239 000
Total tax
85 037
74 448
107 138
96 471
After tax
153 963
164 552
131 862
142 529
Living cost
29 680
29 680
29 680
29 680
Free-cash
124 283
134 872
102 182
112 849

Estimated living cost  is ₽29680 per week

₽22072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5450
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99799
₽99304
₽90463
₽30473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
chamber of commerce
-
-
-
956
income
-
-
-
78 899
pensions
-
-
-
21 643
unemployment
-
-
-
6 142
health
-
-
-
8 949
surtax
-
-
-
-
total
-
-
-
116 589
Employee
43 774
39 907
199 319
-
other
437
399
1 171
-
health
1 693
1 545
4 527
-
income
3 900
2 944
66 832
-
pensions
4 483
4 086
11 980
-
unemployment
1 313
1 197
3 510
-
total
11 826
10 171
88 020
-
Employer
43 774
39 907
199 319
-
accident
568
519
1 520
-
other
2 079
1 895
8 768
-
chamber of commerce
175
160
798
-
unemployment
1 313
1 197
3 510
-
surtax
-
-
-
-
pensions
5 494
5 009
14 682
-
payroll
1 313
1 197
5 980
-
health
1 655
1 509
4 422
-
total
12 597
11 486
39 680
-
Corporate
182 628
187 607
195 518
-
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.

45 658
46 903
48 879
-
total
45 658
46 903
48 879
-
Dividends
136 970
140 704
-
-
withholding
37 667
38 693
-
-
total
37 667
38 693
-
-
Income
239 000
239 000
239 000
239 000
Total tax
107 748
107 253
176 579
116 589
After tax
131 252
131 747
62 421
122 411
Living cost
31 948
31 948
31 948
31 948
Free-cash
99 304
99 799
30 473
90 463

Estimated living cost  is ₽31948 per week

₽19165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽213008
₽210375
₽222568
₽177158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
239 000
microenterprise

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

-
-
-
2 390
total
-
-
-
2 390
Employee
17 553
-
239 000
-
income
3 511
-
47 800
-
total
3 511
-
47 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

221 447
239 000
-
-
total
-
-
-
-
Dividends
221 447
239 000
-
-
withholding
11 072
11 950
-
-
total
11 072
11 950
-
-
Income
239 000
239 000
239 000
239 000
Total tax
14 583
11 950
47 800
2 390
After tax
224 417
227 050
191 200
236 610
Living cost
14 042
14 042
14 042
14 042
Free-cash
210 375
213 008
177 158
222 568

Estimated living cost  is ₽14042 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
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.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137690
₽129314
₽82651
₽77463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 000
income
-
-
-
61 964
pensions
-
-
-
43 647
unemployment
-
-
-
359
health
-
-
-
23 519
total
-
-
-
129 489
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.

44 282
-
206 800
-
health
2 860
-
13 359
-
income
7 636
-
56 776
-
pensions
6 864
-
32 053
-
unemployment
63
-
289
-
total
17 423
-
102 477
-
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.

44 282
-
206 800
-
unemployment
27
-
124
-
pensions
3 919
-
18 302
-
health
2 949
-
13 774
-
total
6 895
-
32 200
-
Corporate
187 823
239 000
-
-
income
35 687
45 411
-
-
total
35 687
45 411
-
-
Dividends
152 136
193 589
-
-
withholding
22 821
29 039
-
-
total
22 821
29 039
-
-
Income
239 000
239 000
239 000
239 000
Total tax
82 826
74 450
134 677
129 489
After tax
156 174
164 550
104 323
109 511
Living cost
26 860
26 860
26 860
26 860
Free-cash
129 314
137 690
77 463
82 651

Estimated living cost  is ₽26860 per week

₽18433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102292
₽54761
₽122052
₽182739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
46 586
social contributions
-
-
-
27 246
total
-
-
-
73 832
Employee
61 823
-
-
-
social contributions
5 070
-
722
-
income
13 637
-
-
-
total
18 707
-
722
-
Employer
61 823
-
-
-
social contributions
87 170
-
12 423
-
total
87 170
-
12 423
-
Corporate
90 007
239 000
-
-
income
19 801
52 580
-
-
total
19 801
52 580
-
-
Dividends
70 205
186 420
-
-
income
15 445
41 012
-
-
total
15 445
41 012
-
-
Income
239 000
239 000
239 000
239 000
Total tax
141 123
93 592
13 145
73 832
After tax
97 877
145 408
225 855
165 168
Living cost
43 116
43 116
43 116
43 116
Free-cash
54 761
102 292
182 739
122 052

Estimated living cost  is ₽43116 per week

₽27976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10536
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104533
₽103524
₽92567
₽73391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 000
income
-
-
-
31 969
surtax
-
-
-
-
social contributions

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

-
-
-
83 053
total
-
-
-
115 022
Employee
46 057
-
193 131
-
social contributions
5 066
-
21 244
-
surtax
-
-
496
-
income
9 580
-
66 589
-
total
14 646
-
88 329
-
Employer
46 057
-
193 131
-
social contributions
10 938
-
45 869
-
total
10 938
-
45 869
-
Corporate
182 005
239 000
-
-
surtax
-
-
-
-
income
38 222
50 190
-
-
total
38 222
50 190
-
-
Dividends
143 783
188 810
-
-
withholding
40 259
52 866
-
-
total
40 259
52 866
-
-
Income
239 000
239 000
239 000
239 000
Total tax
104 065
103 056
134 198
115 022
After tax
134 935
135 944
104 802
123 978
Living cost
31 411
31 411
31 411
31 411
Free-cash
103 524
104 533
73 391
92 567

Estimated living cost  is ₽31411 per week

₽23502
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.
₽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.
₽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 Lisbon model

Close
Paris , France
₽72088
₽78971
₽81228
₽73356
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
46 476
pensions
-
-
-
36 649
other
-
-
-
7 409
health
-
-
-
12 060
surtax
-
-
-
-
social contributions
-
-
-
6 811
total
-
-
-
109 405
Employee
62 720
-
181 702
-
social contributions
1 786
-
5 178
-
surtax
-
-
-
-
income
5 472
-
40 811
-
pensions
7 094
-
13 990
-
total
14 352
-
59 979
-
Employer
62 720
-
181 702
-
other
2 165
-
7 667
-
social contributions
188
-
545
-
unemployment
2 541
-
7 358
-
pensions
10 306
-
23 310
-
health
4 390
-
18 418
-
total
19 590
-
57 298
-
Corporate
156 691
239 000
-
-
surtax
-
-
-
-
income
43 873
66 921
-
-
total
43 873
66 921
-
-
Dividends
112 818
172 079
-
-
surtax
-
-
-
-
social contributions
19 406
29 598
-
-
withholding
14 441
22 027
-
-
total
33 847
51 625
-
-
Income
239 000
239 000
239 000
239 000
Total tax
111 662
118 546
117 277
109 405
After tax
127 338
120 454
121 723
129 595
Living cost
48 366
48 366
48 366
48 366
Free-cash
78 971
72 088
73 356
81 228

Estimated living cost  is ₽48366 per week

₽32734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11013
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽184997
₽181634
₽143756
₽150109
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
12 561
social contributions
-
-
-
52 581
total
-
-
-
65 142
Employee
32 194
-
206 926
-
income
-
-
13 266
-
social contributions
2 092
-
13 451
-
total
2 092
-
26 717
-
Employer
32 194
-
206 926
-
social contributions
4 990
-
32 072
-
total
4 990
-
32 072
-
Corporate
201 816
239 000
-
-
income
20 182
23 901
-
-
total
20 182
23 901
-
-
Dividends
181 634
215 099
-
-
total
-
-
-
-
Income
239 000
239 000
239 000
239 000
Total tax
27 264
23 901
58 789
65 142
After tax
211 736
215 099
180 211
173 858
Living cost
30 102
30 102
30 102
30 102
Free-cash
181 634
184 997
150 109
143 756

Estimated living cost  is ₽30102 per week

₽19463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20710
₽11434
₽89093
₽20710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
municipal
-
-
-
51 642
pensions
-
-
-
868
national
-
-
-
30 095
labour market
-
-
-
19 051
total
-
-
-
101 656
Employee
203 657
203 657
203 657
-
labour market
16 269
16 269
16 269
-
national
24 880
24 880
24 880
-
municipal
43 368
43 368
43 368
-
pensions
289
289
289
-
total
84 806
84 806
84 806
-
Employer
203 657
203 657
203 657
-
labour market
16 293
16 293
16 293
-
municipal
43 437
43 437
43 437
-
pensions
579
579
579
-
national
24 924
24 924
24 924
-
total
85 233
85 233
85 233
-
Corporate
20 710
-
-
-
income
4 556
-
-
-
total
4 556
-
-
-
Dividends
16 154
-
-
-
withholding
4 720
-
-
-
total
4 720
-
-
-
Income
239 000
239 000
239 000
239 000
Total tax
179 315
170 039
170 039
101 656
After tax
59 685
68 961
68 961
137 344
Living cost
48 251
48 251
48 251
48 251
Free-cash
11 434
20 710
20 710
89 093

Estimated living cost  is ₽48251 per week

₽33024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4268
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2266
₽16042
₽141528
₽110417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
accident
-
-
-
252
income
-
-
-
68 898
pensions
-
-
-
4 151
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
75 847
Employee
34 018
-
218 986
-
health
3 895
-
25 074
-
income
4 667
-
54 258
-
pensions
3 831
-
7 612
-
total
12 393
-
86 944
-
Employer
34 018
-
218 986
-
accident
568
-
3 657
-
unemployment
834
-
5 365
-
pensions
5 531
-
10 992
-
total
6 933
-
20 014
-
Corporate
198 049
239 000
-
-
income

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

178 244
215 100
-
-
total
178 244
215 100
-
-
Dividends
19 805
23 900
-
-
withholding
3 763
4 541
-
-
total
3 763
4 541
-
-
Income
239 000
239 000
239 000
239 000
Total tax
201 333
219 641
106 958
75 847
After tax
37 667
19 359
132 042
163 153
Living cost
21 625
21 625
21 625
21 625
Free-cash
16 042
-2 266
110 417
141 528

Estimated living cost  is ₽21625 per week

₽15741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1233
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.
₽4246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107427
₽110518
₽106608
₽79234
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
239 000
municipal
-
-
-
42 433
health
-
-
-
3 263
national
-
-
-
48 249
total
-
-
-
93 945
Employee
52 686
-
201 059
-
health
393
-
2 678
-
municipal
8 630
-
32 722
-
pensions
3 556
-
13 572
-
unemployment
791
-
3 016
-
national
870
-
31 391
-
total
14 240
-
83 379
-
Employer
52 686
-
201 059
-
accident
53
-
201
-
unemployment
342
-
1 307
-
pensions
9 141
-
34 883
-
health
405
-
1 549
-
total
9 941
-
37 940
-
Corporate
176 373
239 000
-
-
income
35 274
47 800
-
-
total
35 274
47 800
-
-
Dividends

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

105 824
143 400
-
-
national
11 531
19 514
-
-
municipal
19 049
25 812
-
-
total
30 580
45 326
-
-
Income
239 000
239 000
239 000
239 000
Total tax
90 035
93 126
121 319
93 945
After tax
148 965
145 874
117 681
145 055
Living cost
38 447
38 447
38 447
38 447
Free-cash
110 518
107 427
79 234
106 608

Estimated living cost  is ₽38447 per week

₽25113
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽150965
₽145516
₽137037
₽135105
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
56 482
health
-
-
-
6 094
social contributions
-
-
-
16 202
total
-
-
-
78 778
Employee
77 003
77 003
226 195
-
social contributions
2 911
6 391
8 620
-
health
597
1 309
3 844
-
income
8 384
7 128
55 441
-
total
11 892
14 828
67 905
-
Employer
77 003
77 003
226 195
-
social contributions
2 911
6 391
8 620
-
health
648
1 425
4 185
-
total
3 559
7 816
12 805
-
Corporate
200 363
154 181
-
-
income
25 045
19 273
-
-
total
25 045
19 273
-
-
Dividends
175 318
134 907
-
-
withholding
29 803
22 933
-
-
total
29 803
22 933
-
-
Income
239 000
239 000
239 000
239 000
Total tax
70 299
64 850
80 710
78 778
After tax
168 701
174 150
158 290
160 222
Living cost
23 185
23 185
23 185
23 185
Free-cash
145 516
150 965
135 105
137 037

Estimated living cost  is ₽23185 per week

₽13895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽182017
₽176922
₽188244
₽168159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
239 000
income
-
-
-
24 834
pensions
-
-
-
6 370
unemployment
-
-
-
29
health
-
-
-
3 624
total
-
-
-
34 857
Employee

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

22 986
-
229 213
-
health
1 954
-
8 077
-
income
1 572
-
22 350
-
pensions
3 447
-
14 253
-
unemployment
114
-
475
-
total
7 087
-
45 155
-
Employer

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

22 986
-
229 213
-
unemployment
114
-
475
-
pensions
1 264
-
5 226
-
health
988
-
4 086
-
total
2 366
-
9 787
-
Corporate
213 648
239 000
-
-
income
19 228
21 510
-
-
total
19 228
21 510
-
-
Dividends
194 421
217 490
-
-
withholding
17 498
19 574
-
-
total
17 498
19 574
-
-
Income
239 000
239 000
239 000
239 000
Total tax
46 179
41 084
54 942
34 857
After tax
192 821
197 916
184 058
204 143
Living cost
15 899
15 899
15 899
15 899
Free-cash
176 922
182 017
168 159
188 244

Estimated living cost  is ₽15899 per week

₽10144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1146
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.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131017
₽126594
₽105888
₽101687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
accident
-
-
-
836
income
-
-
-
77 729
pensions
-
-
-
26 267
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
105 575
Employee
37 028
-
209 410
-
other
36
-
93
-
income
7 139
-
74 291
-
pensions
1 741
-
4 363
-
unemployment
574
-
1 439
-
total
9 490
-
80 186
-
Employer
37 028
-
209 410
-
accident
734
-
1 838
-
other
296
-
743
-
unemployment
2 037
-
5 104
-
pensions
8 738
-
21 905
-
total
11 805
-
29 590
-
Corporate
190 167
239 000
-
-
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.

28 524
35 850
-
-
total
28 524
35 850
-
-
Dividends
161 643
203 150
-
-
withholding
35 050
44 596
-
-
total
35 050
44 596
-
-
Income
239 000
239 000
239 000
239 000
Total tax
84 869
80 446
109 776
105 575
After tax
154 131
158 554
129 224
133 425
Living cost
27 537
27 537
27 537
27 537
Free-cash
126 594
131 017
101 687
105 888

Estimated living cost  is ₽27537 per week

₽18587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2647
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.
₽5821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146397
₽145947
₽151002
₽150807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
81 812
pensions
-
-
-
1 998
health
-
-
-
1 449
total
-
-
-
85 259
Employee
4 172
-
236 752
-
health
209
-
500
-
income
807
-
81 707
-
pensions
375
-
899
-
unemployment
42
-
100
-
total
1 433
-
83 206
-
Employer
4 172
-
236 752
-
unemployment
83
-
200
-
pensions
459
-
1 099
-
health
396
-
949
-
total
938
-
2 248
-
Corporate
233 889
239 000
-
-
income
51 456
52 580
-
-
total
51 456
52 580
-
-
Dividends
182 433
186 420
-
-
withholding
36 487
37 284
-
-
total
36 487
37 284
-
-
Income
239 000
239 000
239 000
239 000
Total tax
90 314
89 864
85 454
85 259
After tax
148 686
149 136
153 546
153 741
Living cost
2 739
2 739
2 739
2 739
Free-cash
145 947
146 397
150 807
151 002

Estimated living cost  is ₽2739 per week

₽1628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽155358
₽150431
₽138138
₽138137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 000
income
-
-
-
55 567
pensions
-
-
-
19 243
unemployment
-
-
-
1 110
health
-
-
-
7 623
total
-
-
-
83 543
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.

26 117
-
225 752
-
health
1 345
-
3 812
-
income
3 600
-
55 567
-
pensions
3 656
-
10 362
-
unemployment
196
-
555
-
total
8 797
-
70 296
-
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.

26 117
-
225 752
-
unemployment
196
-
555
-
pensions
3 134
-
8 881
-
health
1 345
-
3 812
-
total
4 675
-
13 248
-
Corporate
208 209
239 000
-
-
income
31 231
35 850
-
-
total
31 231
35 850
-
-
Dividends
176 977
203 150
-
-
withholding
26 547
30 473
-
-
total
26 547
30 473
-
-
Income
239 000
239 000
239 000
239 000
Total tax
71 250
66 323
83 544
83 543
After tax
167 750
172 677
155 456
155 457
Living cost
17 319
17 319
17 319
17 319
Free-cash
150 431
155 358
138 137
138 138

Estimated living cost  is ₽17319 per week

₽11661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108947
₽108585
₽96981
₽77805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 000
income
-
-
-
31 969
surtax
-
-
-
-
social contributions

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

-
-
-
83 053
total
-
-
-
115 022
Employee
38 867
-
193 131
-
social contributions
4 276
-
21 244
-
surtax
-
-
496
-
income
7 594
-
66 589
-
total
11 870
-
88 329
-
Employer
38 867
-
193 131
-
social contributions
9 230
-
45 869
-
total
9 230
-
45 869
-
Corporate
190 903
239 000
-
-
surtax
-
-
-
-
income
40 090
50 190
-
-
total
40 090
50 190
-
-
Dividends
150 813
188 810
-
-
withholding
42 228
52 866
-
-
total
42 228
52 866
-
-
Income
239 000
239 000
239 000
239 000
Total tax
103 418
103 056
134 198
115 022
After tax
135 582
135 944
104 802
123 978
Living cost
26 997
26 997
26 997
26 997
Free-cash
108 585
108 947
77 805
96 981

Estimated living cost  is ₽26997 per week

₽19121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123360
₽116806
₽98231
₽94030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
accident
-
-
-
836
income
-
-
-
77 729
pensions
-
-
-
26 267
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
105 575
Employee
48 363
-
209 410
-
other
48
-
93
-
income
10 101
-
74 291
-
pensions
2 273
-
4 363
-
unemployment
749
-
1 439
-
total
13 171
-
80 186
-
Employer
48 363
-
209 410
-
accident
958
-
1 838
-
other
388
-
743
-
unemployment
2 660
-
5 104
-
pensions
11 414
-
21 905
-
total
15 420
-
29 590
-
Corporate
175 217
239 000
-
-
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.

26 282
35 850
-
-
total
26 282
35 850
-
-
Dividends
148 935
203 150
-
-
withholding
32 127
44 596
-
-
total
32 127
44 596
-
-
Income
239 000
239 000
239 000
239 000
Total tax
87 000
80 446
109 776
105 575
After tax
152 000
158 554
129 224
133 425
Living cost
35 194
35 194
35 194
35 194
Free-cash
116 806
123 360
94 030
98 231

Estimated living cost  is ₽35194 per week

₽25275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽187099
₽180988
₽176554
₽186600
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
35 850
pensions

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

-
-
-
5 183
unemployment
-
-
-
140
health
-
-
-
4 027
total
-
-
-
45 200
Employee
22 837
-
232 129
-
health
1 051
-
1 611
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
income
2 284
-
23 213
-
pensions

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

2 005
-
3 075
-
total
5 591
-
28 284
-
Employer
22 837
-
232 129
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
unemployment
137
-
210
-
pensions

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

2 517
-
3 859
-
health
1 576
-
2 416
-
total
4 481
-
6 870
-
Corporate
211 683
239 000
-
-
income
21 168
23 900
-
-
total
21 168
23 900
-
-
Dividends
190 515
215 100
-
-
withholding
9 526
10 755
-
-
total
9 526
10 755
-
-
Income
239 000
239 000
239 000
239 000
Total tax
40 766
34 655
35 154
45 200
After tax
198 234
204 345
203 846
193 800
Living cost
17 246
17 246
17 246
17 246
Free-cash
180 988
187 099
186 600
176 554

Estimated living cost  is ₽17246 per week

₽11407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84236
₽97338
₽80616
₽108232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 000
trade
-
-
-
27 616
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.

-
-
-
80 820
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.

-
-
-
6 841
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.

-
-
-
4 445
total
-
-
-
119 722
Employee

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

49 826
-
239 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 841
-
6 841
-
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.

226
-
4 445
-
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.

4 097
-
80 820
-
total
11 164
-
92 106
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 174
239 000
-
-
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.

1 560
1 973
-
-
income
28 376
35 850
-
-
trade
27 147
34 296
-
-
chamber of commerce
429
502
-
-
total
57 512
72 621
-
-
Dividends
131 662
166 380
-
-
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.

1 790
2 267
-
-
withholding
32 534
41 215
-
-
total
34 324
43 482
-
-
Income
239 000
239 000
239 000
239 000
Total tax
103 000
116 103
92 106
119 722
After tax
136 000
122 897
146 894
119 278
Living cost
38 662
38 662
38 662
38 662
Free-cash
97 338
84 236
108 232
80 616

Estimated living cost  is ₽38662 per week

₽26670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110256
₽112466
₽61585
₽61585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
79 047
social contributions
-
-
-
41 324
total
-
-
-
120 371
Employee
78 332
-
239 000
-
income
14 781
-
79 047
-
social contributions
6 508
-
41 324
-
total
21 289
-
120 371
-
Employer
78 332
-
239 000
-
total
-
-
-
-
Corporate
160 668
239 000
-
-
income
20 083
29 875
-
-
total
20 083
29 875
-
-
Dividends
140 585
209 125
-
-
withholding
28 118
41 825
-
-
total
28 118
41 825
-
-
Income
239 000
239 000
239 000
239 000
Total tax
69 490
71 700
120 371
120 371
After tax
169 510
167 300
118 629
118 629
Living cost
57 044
57 044
57 044
57 044
Free-cash
112 466
110 256
61 585
61 585

Estimated living cost  is ₽57044 per week

₽43398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113708
₽117206
₽160123
₽129764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 000
income
-
-
-
35 850
health

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

-
-
-
6 676
total
-
-
-
42 526
Employee
45 939
-
234 394
-
income
4 985
-
63 673
-
social contributions
4 603
-
4 606
-
total
9 588
-
68 279
-
Employer
45 939
-
234 394
-
social contributions
4 603
-
4 606
-
total
4 603
-
4 606
-
Corporate
188 459
239 000
-
-
income
65 961
83 650
-
-
total
65 961
83 650
-
-
Dividends
122 498
155 350
-
-
social contributions
5 291
5 291
-
-
total
5 291
5 291
-
-
Income
239 000
239 000
239 000
239 000
Total tax
85 443
88 941
72 885
42 526
After tax
153 557
150 059
166 115
196 474
Living cost
36 351
36 351
36 351
36 351
Free-cash
117 206
113 708
129 764
160 123

Estimated living cost  is ₽36351 per week

₽23944
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8983
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112387
₽118353
₽116442
₽95150
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
income
-
-
-
74 839
pensions
-
-
-
10 296
total
-
-
-
85 135
Employee
51 368
-
208 211
-
health
670
-
2 781
-
income
9 355
-
60 645
-
pensions
3 921
-
12 213
-
total
13 946
-
75 639
-
Employer
51 368
-
208 211
-
pensions
5 190
-
26 832
-
health
976
-
3 956
-
total
6 166
-
30 788
-
Corporate
181 465
239 000
-
-
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.

34 479
45 411
-
-
total
34 479
45 411
-
-
Dividends
146 987
193 589
-
-
withholding
28 633
43 779
-
-
total
28 633
43 779
-
-
Income
239 000
239 000
239 000
239 000
Total tax
83 224
89 190
106 427
85 135
After tax
155 776
149 810
132 573
153 865
Living cost
37 423
37 423
37 423
37 423
Free-cash
118 353
112 387
95 150
116 442

Estimated living cost  is ₽37423 per week

₽25672
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3441
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.
₽7839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4408
₽15713
₽139386
₽108275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
accident
-
-
-
252
income
-
-
-
68 898
pensions
-
-
-
4 151
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
75 847
Employee
37 386
-
218 986
-
health
4 280
-
25 074
-
income
5 129
-
54 258
-
pensions
4 210
-
7 612
-
total
13 619
-
86 944
-
Employer
37 386
-
218 986
-
accident
624
-
3 657
-
unemployment
916
-
5 365
-
pensions
6 079
-
10 992
-
total
7 619
-
20 014
-
Corporate
193 996
239 000
-
-
income

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

174 596
215 100
-
-
total
174 596
215 100
-
-
Dividends
19 399
23 900
-
-
withholding
3 686
4 541
-
-
total
3 686
4 541
-
-
Income
239 000
239 000
239 000
239 000
Total tax
199 520
219 641
106 958
75 847
After tax
39 480
19 359
132 042
163 153
Living cost
23 767
23 767
23 767
23 767
Free-cash
15 713
-4 408
108 275
139 386

Estimated living cost  is ₽23767 per week

₽17442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽169307
₽166277
₽141076
₽163098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
239 000
work injury
-
-
-
801
health insurance
-
-
-
11 852
income
-
-
-
40 352
pensions
-
-
-
29 469
unemployment
-
-
-
1 922
total
-
-
-
84 396
Employee

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

21 644
-
239 000
-
work injury
108
-
400
-
income
2 164
-
40 352
-
pensions
3 982
-
14 735
-
health insurance
1 602
-
5 926
-
unemployment
260
-
961
-
total
8 116
-
62 374
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
217 356
239 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

21 736
23 900
-
-
total
21 736
23 900
-
-
Dividends
195 620
215 100
-
-
withholding
29 343
32 265
-
-
total
29 343
32 265
-
-
Income
239 000
239 000
239 000
239 000
Total tax
59 195
56 165
62 374
84 396
After tax
179 805
182 835
176 626
154 604
Living cost
13 528
13 528
13 528
13 528
Free-cash
166 277
169 307
163 098
141 076

Estimated living cost  is ₽13528 per week

₽8381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽983
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85995
₽81439
₽73090
₽64866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
239 000
municipal
-
-
-
1 701
regional
-
-
-
5 955
national
-
-
-
68 240
social contributions
-
-
-
50 120
total
-
-
-
126 016
Employee
84 385
-
239 000
-
social contributions
28 454
-
65 709
-
regional
1 274
-
5 436
-
municipal
504
-
1 560
-
national
14 260
-
61 535
-
total
44 492
-
134 240
-
Employer
84 385
-
239 000
-
total
-
-
-
-
Corporate
154 615
239 000
-
-
nationa
37 108
57 360
-
-
municipal
7 453
11 520
-
-
total
44 561
68 880
-
-
Dividends
110 054
170 120
-
-
withholding
28 614
44 231
-
-
total
28 614
44 231
-
-
Income
239 000
239 000
239 000
239 000
Total tax
117 667
113 111
134 240
126 016
After tax
121 333
125 889
104 760
112 984
Living cost
39 894
39 894
39 894
39 894
Free-cash
81 439
85 995
64 866
73 090

Estimated living cost  is ₽39894 per week

₽28023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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