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
₽ 241000
per

Your estimated
City
free-cash

Dresden , Germany
₽90707
₽101934
₽86927
₽117453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 000
trade
-
-
-
30 526
income

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

-
-
-
81 395
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.

-
-
-
6 934
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.

-
-
-
4 476
total
-
-
-
123 331
Employee

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

38 820
-
241 000
-
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.

6 934
-
6 934
-
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.

60
-
4 476
-
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.

1 084
-
81 395
-
total
8 078
-
92 805
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
202 180
241 000
-
-
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.

1 668
1 988
-
-
income
30 328
36 150
-
-
trade
31 844
37 957
-
-
chamber of commerce
445
501
-
-
total
64 285
76 596
-
-
Dividends
137 896
164 404
-
-
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.

1 874
2 240
-
-
withholding
34 087
40 715
-
-
total
35 961
42 955
-
-
Income
241 000
241 000
241 000
241 000
Total tax
108 324
119 551
92 805
123 331
After tax
132 676
121 449
148 195
117 669
Living cost
30 742
30 742
30 742
30 742
Free-cash
101 934
90 707
117 453
86 927

Estimated living cost  is ₽30742 per week

₽19338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99236
₽98385
₽85124
₽86417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
municipal
-
-
-
26 850
pensions
-
-
-
28 920
national
-
-
-
46 367
social contributions
-
-
-
2 591
total
-
-
-
104 728
Employee
79 289
-
208 342
-
municipal
9 793
-
27 783
-
pensions
3 172
-
8 334
-
national
15 176
-
48 411
-
total
28 141
-
84 528
-
Employer
79 289
-
208 342
-
social contributions
852
-
2 240
-
pensions
6 343
-
16 667
-
total
7 195
-
18 907
-
Corporate
149 283
241 000
-
-
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%.

29 857
48 200
-
-
total
29 857
48 200
-
-
Dividends
119 426
192 800
-
-
withholding
26 274
42 416
-
-
total
26 274
42 416
-
-
Income
241 000
241 000
241 000
241 000
Total tax
91 467
90 616
103 435
104 728
After tax
149 533
150 384
137 565
136 272
Living cost
51 148
51 148
51 148
51 148
Free-cash
98 385
99 236
86 417
85 124

Estimated living cost  is ₽51148 per week

₽34765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽766
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171685
₽163359
₽67395
₽84331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 000
microenterprise
-
-
-
-
income
-
-
-
52 148
surtax
-
-
-
61 455
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.

-
-
-
38 887
total
-
-
-
152 490
Employee
29 657
-
190 865
-
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.

3 263
-
13 305
-
surtax
-
-
27 676
-
income
5 279
-
44 438
-
total
8 542
-
85 419
-
Employer
29 657
-
190 865
-
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.

7 144
-
29 139
-
surtax
-
-
20 996
-
total
7 144
-
50 135
-
Corporate
204 199
241 000
-
-
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%.

40 840
48 200
-
-
total
40 840
48 200
-
-
Dividends

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

163 359
192 800
-
-
total
-
-
-
-
Income
241 000
241 000
241 000
241 000
Total tax
56 526
48 200
135 554
152 490
After tax
184 474
192 800
105 446
88 510
Living cost
21 115
21 115
21 115
21 115
Free-cash
163 359
171 685
84 331
67 395

Estimated living cost  is ₽21115 per week

₽13471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77726
₽71510
₽86205
₽111590
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
87 870
pensions
-
-
-
11 891
health
-
-
-
12 516
total
-
-
-
112 277
Employee
86 673
86 673
222 138
-
health
13 303
11 316
12 516
-
income

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

14 187
14 187
43 623
-
pensions
15 601
11 891
11 891
-
total
43 091
37 394
68 030
-
Employer
86 673
86 673
222 138
-
unemployment
3 120
3 120
3 877
-
pensions
6 032
6 032
7 498
-
health
6 025
6 025
7 487
-
total
15 177
15 177
18 862
-
Corporate
140 213
139 150
-
-
income
28 043
27 830
-
-
total
28 043
27 830
-
-
Dividends
112 170
111 320
-
-
income
23 835
23 656
-
-
withholding
16 826
16 699
-
-
total
40 661
40 355
-
-
Income
241 000
241 000
241 000
241 000
Total tax
126 972
120 756
86 892
112 277
After tax
114 028
120 244
154 108
128 723
Living cost
42 518
42 518
42 518
42 518
Free-cash
71 510
77 726
111 590
86 205

Estimated living cost  is ₽42518 per week

₽30131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92448
₽91570
₽80407
₽79458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
municipal
-
-
-
64 456
accident
-
-
-
171
pensions
-
-
-
9 272
other
-
-
-
9 967
unemployment
-
-
-
86
health
-
-
-
5 352
national
-
-
-
32 151
total
-
-
-
121 455
Employee
55 768
-
214 049
-
municipal
16 630
-
63 829
-
national
-
-
31 626
-
total
16 630
-
95 455
-
Employer
55 768
-
214 049
-
accident
112
-
171
-
other
6 480
-
9 967
-
unemployment
1 472
-
2 264
-
pensions
6 028
-
9 272
-
health
3 430
-
5 275
-
total
17 522
-
26 949
-
Corporate
167 710
241 000
-
-
income
36 896
53 020
-
-
total
36 896
53 020
-
-
Dividends
130 814
187 980
-
-
withholding
39 244
56 394
-
-
total
39 244
56 394
-
-
Income
241 000
241 000
241 000
241 000
Total tax
110 292
109 414
122 404
121 455
After tax
130 708
131 586
118 596
119 545
Living cost
39 138
39 138
39 138
39 138
Free-cash
91 570
92 448
79 458
80 407

Estimated living cost  is ₽39138 per week

₽25939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80338
₽94600
₽76442
₽108324
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 000
trade
-
-
-
31 882
income

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

-
-
-
81 395
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.

-
-
-
6 934
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.

-
-
-
4 476
total
-
-
-
124 687
Employee

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

51 470
-
241 000
-
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.

6 934
-
6 934
-
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.

243
-
4 476
-
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.

4 422
-
81 395
-
total
11 599
-
92 805
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
189 530
241 000
-
-
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.

1 564
1 988
-
-
income
28 429
36 150
-
-
trade
31 177
39 644
-
-
chamber of commerce
424
497
-
-
total
61 594
78 279
-
-
Dividends
127 936
162 721
-
-
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.

1 737
2 217
-
-
withholding
31 599
40 295
-
-
total
33 336
42 512
-
-
Income
241 000
241 000
241 000
241 000
Total tax
106 529
120 791
92 805
124 687
After tax
134 471
120 209
148 195
116 313
Living cost
39 871
39 871
39 871
39 871
Free-cash
94 600
80 338
108 324
76 442

Estimated living cost  is ₽39871 per week

₽26666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142688
₽138481
₽128687
₽126736
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
56 825
health
-
-
-
6 146
social contributions
-
-
-
16 422
total
-
-
-
79 393
Employee
78 045
78 045
228 045
-
social contributions
3 792
6 477
8 737
-
health
776
1 327
3 877
-
income
8 195
7 225
55 775
-
total
12 763
15 029
68 389
-
Employer
78 045
78 045
228 045
-
social contributions
3 792
6 477
8 737
-
health
846
1 445
4 218
-
total
4 638
7 922
12 955
-
Corporate
190 678
155 033
-
-
income
23 835
19 380
-
-
total
23 835
19 380
-
-
Dividends
166 843
135 653
-
-
withholding
28 363
23 061
-
-
total
28 363
23 061
-
-
Income
241 000
241 000
241 000
241 000
Total tax
69 599
65 392
81 344
79 393
After tax
171 401
175 608
159 656
161 607
Living cost
32 920
32 920
32 920
32 920
Free-cash
138 481
142 688
126 736
128 687

Estimated living cost  is ₽32920 per week

₽22504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽116773
₽117158
₽148474
₽121231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
29 462
pensions
-
-
-
24 100
unemployment
-
-
-
3 615
health
-
-
-
16 870
total
-
-
-
74 047
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.

26 675
10 616
201 674
-
health
1 867
743
14 117
-
income
3 261
1 298
24 655
-
pensions
2 667
1 062
20 167
-
unemployment
400
159
3 025
-
total
8 195
3 262
61 964
-
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.

26 675
10 616
201 674
-
pensions
5 202
2 070
39 326
-
total
5 202
2 070
39 326
-
Corporate
209 124
228 314
-
-
income
18 821
20 548
-
-
total
18 821
20 548
-
-
Dividends
190 303
207 765
-
-
social contributions
36 988
40 393
-
-
withholding
36 157
39 475
-
-
total
73 145
79 868
-
-
Income
241 000
241 000
241 000
241 000
Total tax
105 363
105 748
101 290
74 047
After tax
135 637
135 252
139 710
166 953
Living cost
18 479
18 479
18 479
18 479
Free-cash
117 158
116 773
121 231
148 474

Estimated living cost  is ₽18479 per week

₽12610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽168285
₽161980
₽104662
₽114394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
32 294
pensions
-
-
-
48 200
health
-
-
-
31 329
total
-
-
-
111 823
Employee
28 793
-
180 119
-
income
3 242
-
34 727
-
pensions
576
-
3 602
-
unemployment
460
-
2 881
-
total
4 278
-
41 210
-
Employer
28 793
-
180 119
-
unemployment
231
-
1 441
-
pensions
5 759
-
36 025
-
health
3 742
-
23 415
-
total
9 732
-
60 881
-
Corporate
202 475
241 000
-
-
income
40 495
48 200
-
-
total
40 495
48 200
-
-
Dividends
161 980
192 800
-
-
total
-
-
-
-
Income
241 000
241 000
241 000
241 000
Total tax
54 505
48 200
102 091
111 823
After tax
186 495
192 800
138 909
129 177
Living cost
24 515
24 515
24 515
24 515
Free-cash
161 980
168 285
114 394
104 662

Estimated living cost  is ₽24515 per week

₽16815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2596
₽16128
₽142401
₽111035
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
accident
-
-
-
254
income
-
-
-
69 480
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
76 482
Employee
34 791
-
220 827
-
health
3 984
-
25 284
-
income
4 773
-
54 720
-
pensions
3 918
-
7 670
-
total
12 675
-
87 674
-
Employer
34 791
-
220 827
-
accident
581
-
3 688
-
unemployment
852
-
5 410
-
pensions
5 657
-
11 076
-
total
7 090
-
20 174
-
Corporate
199 119
241 000
-
-
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.

179 207
216 900
-
-
total
179 207
216 900
-
-
Dividends
19 912
24 100
-
-
withholding
3 783
4 579
-
-
total
3 783
4 579
-
-
Income
241 000
241 000
241 000
241 000
Total tax
202 755
221 479
107 848
76 482
After tax
38 245
19 521
133 152
164 518
Living cost
22 117
22 117
22 117
22 117
Free-cash
16 128
-2 596
111 035
142 401

Estimated living cost  is ₽22117 per week

₽16210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
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.
₽4221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽219690
₽217954
₽229330
₽183540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
241 000
microenterprise

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

-
-
-
2 410
total
-
-
-
2 410
Employee
11 575
-
241 000
-
income
2 315
-
48 200
-
total
2 315
-
48 200
-
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%.

229 425
241 000
-
-
total
-
-
-
-
Dividends
229 425
241 000
-
-
withholding
11 471
12 050
-
-
total
11 471
12 050
-
-
Income
241 000
241 000
241 000
241 000
Total tax
13 786
12 050
48 200
2 410
After tax
227 214
228 950
192 800
238 590
Living cost
9 260
9 260
9 260
9 260
Free-cash
217 954
219 690
183 540
229 330

Estimated living cost  is ₽9260 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽150021
₽143165
₽119627
₽117666
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
43 165
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.

-
-
-
37 042
other
-
-
-
7 331
health
-
-
-
6 791
total
-
-
-
94 329
Employee
36 852
-
201 728
-
health
516
-
2 161
-
income
6 344
-
42 510
-
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.

2 579
-
10 803
-
unemployment
368
-
1 543
-
total
9 807
-
57 017
-
Employer
36 852
-
201 728
-
accident
295
-
1 614
-
other
1 843
-
7 716
-
unemployment
368
-
1 543
-
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.

6 265
-
26 239
-
health
516
-
2 161
-
total
9 287
-
39 273
-
Corporate
194 861
241 000
-
-
income
40 921
50 609
-
-
total
40 921
50 609
-
-
Dividends
153 940
190 391
-
-
withholding
10 776
13 326
-
-
total
10 776
13 326
-
-
Income
241 000
241 000
241 000
241 000
Total tax
70 791
63 935
96 290
94 329
After tax
170 209
177 065
144 710
146 671
Living cost
27 044
27 044
27 044
27 044
Free-cash
143 165
150 021
117 666
119 627

Estimated living cost  is ₽27044 per week

₽19108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82729
₽90975
₽86771
₽65293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
75 315
pensions
-
-
-
10 425
total
-
-
-
85 740
Employee
96 902
-
209 967
-
health
1 597
-
2 808
-
income
17 468
-
60 996
-
pensions
9 348
-
12 380
-
total
28 413
-
76 184
-
Employer
96 902
-
209 967
-
pensions
11 441
-
27 044
-
health
1 840
-
3 990
-
total
13 281
-
31 034
-
Corporate
130 816
241 000
-
-
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.

24 856
45 790
-
-
total
24 856
45 790
-
-
Dividends
105 960
195 210
-
-
withholding
14 986
43 992
-
-
total
14 986
43 992
-
-
Income
241 000
241 000
241 000
241 000
Total tax
81 536
89 782
107 218
85 740
After tax
159 464
151 218
133 782
155 260
Living cost
68 489
68 489
68 489
68 489
Free-cash
90 975
82 729
65 293
86 771

Estimated living cost  is ₽68489 per week

₽51320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8047
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.
₽8566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽192742
₽188024
₽182067
₽192190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
36 150
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
45 620
Employee
17 628
-
234 042
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
23 404
-
pensions

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

1 548
-
3 114
-
total
4 316
-
28 539
-
Employer
17 628
-
234 042
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
219 913
241 000
-
-
income
21 992
24 100
-
-
total
21 992
24 100
-
-
Dividends
197 922
216 900
-
-
withholding
9 896
10 845
-
-
total
9 896
10 845
-
-
Income
241 000
241 000
241 000
241 000
Total tax
39 663
34 945
35 497
45 620
After tax
201 337
206 055
205 503
195 380
Living cost
13 313
13 313
13 313
13 313
Free-cash
188 024
192 742
192 190
182 067

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63963
₽66517
₽72442
₽97827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
87 870
pensions
-
-
-
11 891
health
-
-
-
12 516
total
-
-
-
112 277
Employee
94 099
86 673
222 138
-
health
11 739
11 316
12 516
-
income

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

14 187
14 187
43 623
-
pensions
11 891
11 891
11 891
-
total
37 817
37 394
68 030
-
Employer
94 099
86 673
222 138
-
unemployment
3 388
3 120
3 877
-
pensions
6 549
6 032
7 498
-
health
6 539
6 025
7 487
-
total
16 476
15 177
18 862
-
Corporate
130 426
139 150
-
-
income
26 085
27 830
-
-
total
26 085
27 830
-
-
Dividends
104 341
111 320
-
-
income
22 173
23 656
-
-
withholding
15 651
16 699
-
-
total
37 824
40 355
-
-
Income
241 000
241 000
241 000
241 000
Total tax
118 202
120 756
86 892
112 277
After tax
122 798
120 244
154 108
128 723
Living cost
56 281
56 281
56 281
56 281
Free-cash
66 517
63 963
97 827
72 442

Estimated living cost  is ₽56281 per week

₽41516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141598
₽132918
₽119355
₽108604
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
26 018
health
-
-
-
32 535
solidarity contribution
-
-
-
3 749
social contributions
-
-
-
35 012
total
-
-
-
97 314
Employee
35 781
-
193 600
-
social contributions
2 326
-
7 794
-
health
4 830
-
26 136
-
solidarity contribution
-
-
2 784
-
income
4 294
-
23 951
-
total
11 450
-
60 665
-
Employer
35 781
-
193 600
-
social contributions
8 945
-
29 976
-
health
3 220
-
17 424
-
total
12 165
-
47 400
-
Corporate
193 053
241 000
-
-
income
36 680
45 790
-
-
total
36 680
45 790
-
-
Dividends
156 373
195 210
-
-
withholding
23 456
29 281
-
-
total
23 456
29 281
-
-
Income
241 000
241 000
241 000
241 000
Total tax
83 751
75 071
108 065
97 314
After tax
157 249
165 929
132 935
143 686
Living cost
24 331
24 331
24 331
24 331
Free-cash
132 918
141 598
108 604
119 355

Estimated living cost  is ₽24331 per week

₽16901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
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.
₽5221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85756
₽80458
₽74115
₽65510
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
municipal
-
-
-
1 522
regional
-
-
-
3 107
national
-
-
-
68 631
social contributions
-
-
-
50 798
total
-
-
-
124 058
Employee
90 203
-
241 000
-
social contributions
30 416
-
66 597
-
regional
851
-
2 834
-
municipal
478
-
1 394
-
national
15 630
-
61 838
-
total
47 375
-
132 663
-
Employer
90 203
-
241 000
-
total
-
-
-
-
Corporate
150 797
241 000
-
-
nationa
36 191
57 840
-
-
municipal
5 880
9 399
-
-
total
42 071
67 239
-
-
Dividends
108 727
173 761
-
-
withholding
28 269
45 178
-
-
total
28 269
45 178
-
-
Income
241 000
241 000
241 000
241 000
Total tax
117 715
112 417
132 663
124 058
After tax
123 285
128 583
108 337
116 942
Living cost
42 827
42 827
42 827
42 827
Free-cash
80 458
85 756
65 510
74 115

Estimated living cost  is ₽42827 per week

₽29854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽129191
₽126034
₽90826
₽84622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
77 574
pensions
-
-
-
27 092
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 617
surtax
-
-
-
13 263
total
-
-
-
127 777
Employee
33 564
-
212 487
-
other
-
-
-
-
health
857
-
3 453
-
surtax
110
-
12 049
-
income
5 626
-
71 503
-
pensions
2 238
-
9 035
-
unemployment
2 336
-
9 428
-
total
11 167
-
105 468
-
Employer
33 564
-
212 487
-
other
-
-
-
-
unemployment
1 063
-
4 293
-
pensions
4 474
-
18 057
-
health
1 527
-
6 163
-
total
7 064
-
28 513
-
Corporate
200 371
241 000
-
-
income
52 096
62 661
-
-
total
52 096
62 661
-
-
Dividends
148 275
178 339
-
-
withholding
22 242
26 751
-
-
total
22 242
26 751
-
-
Income
241 000
241 000
241 000
241 000
Total tax
92 569
89 412
133 981
127 777
After tax
148 431
151 588
107 019
113 223
Living cost
22 397
22 397
22 397
22 397
Free-cash
126 034
129 191
84 622
90 826

Estimated living cost  is ₽22397 per week

₽13694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽104428
₽111194
₽108470
₽86992
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
75 315
pensions
-
-
-
10 425
total
-
-
-
85 740
Employee
64 941
-
209 967
-
health
943
-
2 808
-
income
11 696
-
60 996
-
pensions
5 512
-
12 380
-
total
18 151
-
76 184
-
Employer
64 941
-
209 967
-
pensions
7 030
-
27 044
-
health
1 234
-
3 990
-
total
8 264
-
31 034
-
Corporate
167 795
241 000
-
-
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.

31 881
45 790
-
-
total
31 881
45 790
-
-
Dividends
135 914
195 210
-
-
withholding
24 720
43 992
-
-
total
24 720
43 992
-
-
Income
241 000
241 000
241 000
241 000
Total tax
83 016
89 782
107 218
85 740
After tax
157 984
151 218
133 782
155 260
Living cost
46 790
46 790
46 790
46 790
Free-cash
111 194
104 428
86 992
108 470

Estimated living cost  is ₽46790 per week

₽35055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽32861
₽65953
₽112847
₽104836
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
city
-
-
-
2 541
pensions
-
-
-
22 173
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.

-
-
-
4 819
regional
-
-
-
13 879
health
-
-
-
542
national
-
-
-
6 857
total
-
-
-
50 811
Employee
90 510
-
217 250
-
city
971
-
2 354
-
regional
2 964
-
12 435
-
health
205
-
489
-
pensions
7 604
-
16 527
-
unemployment
-
-
-
-
national
428
-
5 657
-
total
12 172
-
37 462
-
Employer
90 510
-
217 250
-
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.

1 810
-
4 344
-
unemployment
-
-
-
-
pensions
7 604
-
16 527
-
health
205
-
489
-
total
9 619
-
21 360
-
Corporate
139 876
241 000
-
-
regional
29 584
50 972
-
-
national
11 889
20 484
-
-
total
41 473
71 456
-
-
Dividends
98 404
169 544
-
-
withholding
34 441
59 341
-
-
total
34 441
59 341
-
-
Income
241 000
241 000
241 000
241 000
Total tax
97 705
130 797
58 822
50 811
After tax
143 295
110 203
182 178
190 189
Living cost
77 342
77 342
77 342
77 342
Free-cash
65 953
32 861
104 836
112 847

Estimated living cost  is ₽77342 per week

₽50295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽950
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽72476
₽88934
₽68462
₽101700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 000
trade
-
-
-
33 238
income

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

-
-
-
81 395
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.

-
-
-
6 934
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.

-
-
-
4 476
total
-
-
-
126 043
Employee

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

60 997
-
241 000
-
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.

6 934
-
6 934
-
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.

395
-
4 476
-
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.

7 173
-
81 395
-
total
14 502
-
92 805
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
180 003
241 000
-
-
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.

1 485
1 988
-
-
income
27 001
36 150
-
-
trade
30 871
41 331
-
-
chamber of commerce
408
493
-
-
total
59 765
79 962
-
-
Dividends
120 238
161 038
-
-
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.

1 631
2 194
-
-
withholding
29 673
39 873
-
-
total
31 304
42 067
-
-
Income
241 000
241 000
241 000
241 000
Total tax
105 571
122 029
92 805
126 043
After tax
135 429
118 971
148 195
114 957
Living cost
46 495
46 495
46 495
46 495
Free-cash
88 934
72 476
101 700
68 462

Estimated living cost  is ₽46495 per week

₽33958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86740
₽92736
₽96054
₽88191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
46 706
pensions
-
-
-
37 044
other
-
-
-
7 471
health
-
-
-
12 134
surtax
-
-
-
-
social contributions
-
-
-
6 866
total
-
-
-
110 221
Employee
43 438
-
183 274
-
social contributions
1 238
-
5 222
-
surtax
-
-
-
-
income
2 564
-
41 045
-
pensions
4 911
-
14 091
-
total
8 713
-
60 358
-
Employer
43 438
-
183 274
-
other
1 498
-
7 722
-
social contributions
131
-
549
-
unemployment
1 758
-
7 423
-
pensions
7 136
-
23 481
-
health
3 041
-
18 551
-
total
13 564
-
57 726
-
Corporate
183 996
241 000
-
-
surtax
-
-
-
-
income
51 518
67 480
-
-
total
51 518
67 480
-
-
Dividends
132 478
173 520
-
-
surtax
-
-
-
-
social contributions
22 787
29 844
-
-
withholding
16 957
22 211
-
-
total
39 744
52 055
-
-
Income
241 000
241 000
241 000
241 000
Total tax
113 539
119 535
118 084
110 221
After tax
127 461
121 465
122 916
130 779
Living cost
34 725
34 725
34 725
34 725
Free-cash
92 736
86 740
88 191
96 054

Estimated living cost  is ₽34725 per week

₽21895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90181
₽95820
₽99495
₽91632
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
46 706
pensions
-
-
-
37 044
other
-
-
-
7 471
health
-
-
-
12 134
surtax
-
-
-
-
social contributions
-
-
-
6 866
total
-
-
-
110 221
Employee
38 775
-
183 274
-
social contributions
1 106
-
5 222
-
surtax
-
-
-
-
income
1 999
-
41 045
-
pensions
4 386
-
14 091
-
total
7 491
-
60 358
-
Employer
38 775
-
183 274
-
other
1 339
-
7 722
-
social contributions
116
-
549
-
unemployment
1 570
-
7 423
-
pensions
6 371
-
23 481
-
health
2 714
-
18 551
-
total
12 110
-
57 726
-
Corporate
190 116
241 000
-
-
surtax
-
-
-
-
income
53 232
67 480
-
-
total
53 232
67 480
-
-
Dividends
136 884
173 520
-
-
surtax
-
-
-
-
social contributions
23 542
29 844
-
-
withholding
17 521
22 211
-
-
total
41 063
52 055
-
-
Income
241 000
241 000
241 000
241 000
Total tax
113 896
119 535
118 084
110 221
After tax
127 104
121 465
122 916
130 779
Living cost
31 284
31 284
31 284
31 284
Free-cash
95 820
90 181
91 632
99 495

Estimated living cost  is ₽31284 per week

₽18143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125511
₽126037
₽133249
₽126452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
36 150
health
-
-
-
16 822
social contributions
-
-
-
33 257
total
-
-
-
86 229
Employee
34 413
-
241 000
-
social contributions
4 750
-
33 257
-
health
2 402
-
16 822
-
income
5 740
-
42 947
-
total
12 892
-
93 026
-
Employer
34 413
-
241 000
-
total
-
-
-
-
Corporate
206 587
241 000
-
-
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%.

10 329
12 049
-
-
total
10 329
12 049
-
-
Dividends
196 258
228 951
-
-
health
13 698
15 981
-
-
social contributions
27 084
31 595
-
-
withholding
29 438
34 342
-
-
total
70 220
81 918
-
-
Income
241 000
241 000
241 000
241 000
Total tax
93 441
93 967
93 026
86 229
After tax
147 559
147 033
147 974
154 771
Living cost
21 522
21 522
21 522
21 522
Free-cash
126 037
125 511
126 452
133 249

Estimated living cost  is ₽21522 per week

₽14403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96991
₽95416
₽87491
₽27172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
chamber of commerce
-
-
-
965
income
-
-
-
79 350
pensions
-
-
-
21 936
unemployment
-
-
-
6 225
health
-
-
-
9 070
surtax
-
-
-
200
total
-
-
-
117 746
Employee
50 723
40 447
200 680
-
other
507
404
1 186
-
health
1 963
1 566
4 588
-
income
5 774
2 983
67 067
-
pensions
5 195
4 141
12 142
-
unemployment
1 522
1 213
3 557
-
total
14 961
10 307
88 540
-
Employer
50 723
40 447
200 680
-
accident
659
526
1 541
-
other
2 410
1 920
8 833
-
chamber of commerce
202
162
803
-
unemployment
1 522
1 213
3 557
-
surtax
200
200
200
-
pensions
6 366
5 077
14 881
-
payroll
1 522
1 213
6 021
-
health
1 916
1 529
4 482
-
total
14 797
11 840
40 318
-
Corporate
175 481
188 711
196 830
-
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.

43 870
47 177
49 207
-
total
43 870
47 177
49 207
-
Dividends
131 611
141 534
-
-
withholding
36 193
38 922
-
-
total
36 193
38 922
-
-
Income
241 000
241 000
241 000
241 000
Total tax
109 821
108 246
178 065
117 746
After tax
131 179
132 754
62 935
123 254
Living cost
35 763
35 763
35 763
35 763
Free-cash
95 416
96 991
27 172
87 491

Estimated living cost  is ₽35763 per week

₽23852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3051
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.
₽8272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94538
₽82426
₽67880
₽44375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
national
-
-
-
97 869
communal

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

-
-
-
12 941
social contributions
-
-
-
25 304
total
-
-
-
136 114
Employee

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

72 600
-
186 660
-
communal

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

3 787
-
9 736
-
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.

3 411
-
8 771
-
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.

5 445
-
13 999
-
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.

632
-
1 624
-
national
22 320
-
71 154
-
total
35 595
-
105 284
-
Employer

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

72 600
-
186 660
-
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.

944
-
2 427
-
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.

1 059
-
2 725
-
surtax
8 232
-
21 167
-
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.

6 433
-
16 537
-
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.

4 465
-
11 479
-
total
21 133
-
54 335
-
Corporate
147 267
241 000
-
-
surtax
589
1 052
-
-
income
29 453
52 556
-
-
total
30 042
53 608
-
-
Dividends
117 225
187 392
-
-
withholding

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

34 798
55 848
-
-
total
34 798
55 848
-
-
Income
241 000
241 000
241 000
241 000
Total tax
121 568
109 456
159 619
136 114
After tax
119 432
131 544
81 381
104 886
Living cost
37 006
37 006
37 006
37 006
Free-cash
82 426
94 538
44 375
67 880

Estimated living cost  is ₽37006 per week

₽23837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
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.
₽9355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123238
₽116285
₽97898
₽93640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
accident
-
-
-
847
income
-
-
-
78 226
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
106 448
Employee
50 522
-
211 009
-
other
50
-
94
-
income
10 660
-
74 742
-
pensions
2 375
-
4 422
-
unemployment
784
-
1 458
-
total
13 869
-
80 716
-
Employer
50 522
-
211 009
-
accident
1 000
-
1 862
-
other
403
-
753
-
unemployment
2 779
-
5 173
-
pensions
11 922
-
22 202
-
total
16 104
-
29 990
-
Corporate
174 374
241 000
-
-
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.

26 156
36 150
-
-
total
26 156
36 150
-
-
Dividends
148 219
204 850
-
-
withholding
31 932
44 958
-
-
total
31 932
44 958
-
-
Income
241 000
241 000
241 000
241 000
Total tax
88 061
81 108
110 706
106 448
After tax
152 939
159 892
130 294
134 552
Living cost
36 654
36 654
36 654
36 654
Free-cash
116 285
123 238
93 640
97 898

Estimated living cost  is ₽36654 per week

₽26992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80210
₽66253
₽57030
₽66633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
accident
-
-
-
2 032
income
-
-
-
46 548
pensions
-
-
-
36 123
health
-
-
-
16 932
surtax
-
-
-
11 947
communal
-
-
-
15 231
total
-
-
-
128 813
Employee
76 861
-
215 274
-
health
3 421
-
9 580
-
surtax
4 711
-
13 194
-
income
7 424
-
53 486
-
pensions
6 148
-
17 223
-
total
21 704
-
93 483
-
Employer
76 861
-
215 274
-
accident
691
-
1 938
-
pensions
6 148
-
17 223
-
health
2 344
-
6 566
-
total
9 183
-
25 727
-
Corporate
154 955
241 000
-
-
surtax
1 628
2 531
-
-
communal
10 460
16 268
-
-
income
23 244
36 150
-
-
total
35 332
54 949
-
-
Dividends
119 624
186 051
-
-
income
35 428
22 775
-
-
withholding
17 943
27 909
-
-
total
53 371
50 684
-
-
Income
241 000
241 000
241 000
241 000
Total tax
119 590
105 633
119 210
128 813
After tax
121 410
135 367
121 790
112 187
Living cost
55 157
55 157
55 157
55 157
Free-cash
66 253
80 210
66 633
57 030

Estimated living cost  is ₽55157 per week

₽41376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128791
₽125564
₽90426
₽84222
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
77 574
pensions
-
-
-
27 092
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
9 617
surtax
-
-
-
13 263
total
-
-
-
127 777
Employee
34 180
-
212 487
-
other
-
-
-
-
health
873
-
3 453
-
surtax
121
-
12 049
-
income
5 730
-
71 503
-
pensions
2 280
-
9 035
-
unemployment
2 379
-
9 428
-
total
11 383
-
105 468
-
Employer
34 180
-
212 487
-
other
-
-
-
-
unemployment
1 084
-
4 293
-
pensions
4 557
-
18 057
-
health
1 554
-
6 163
-
total
7 195
-
28 513
-
Corporate
199 624
241 000
-
-
income
51 902
62 661
-
-
total
51 902
62 661
-
-
Dividends
147 723
178 339
-
-
withholding
22 159
26 751
-
-
total
22 159
26 751
-
-
Income
241 000
241 000
241 000
241 000
Total tax
92 639
89 412
133 981
127 777
After tax
148 361
151 588
107 019
113 223
Living cost
22 797
22 797
22 797
22 797
Free-cash
125 564
128 791
84 222
90 426

Estimated living cost  is ₽22797 per week

₽13764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99334
₽97078
₽88847
₽80289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
municipal
-
-
-
1 522
regional
-
-
-
3 861
national
-
-
-
68 631
social contributions
-
-
-
50 798
total
-
-
-
124 812
Employee
56 301
-
241 000
-
social contributions
18 985
-
66 597
-
regional
758
-
3 541
-
municipal
299
-
1 394
-
national
8 920
-
61 838
-
total
28 962
-
133 370
-
Employer
56 301
-
241 000
-
total
-
-
-
-
Corporate
184 699
241 000
-
-
nationa
44 328
57 840
-
-
municipal
9 180
11 978
-
-
total
53 508
69 818
-
-
Dividends
131 191
171 182
-
-
withholding
34 111
44 507
-
-
total
34 111
44 507
-
-
Income
241 000
241 000
241 000
241 000
Total tax
116 581
114 325
133 370
124 812
After tax
124 419
126 675
107 630
116 188
Living cost
27 341
27 341
27 341
27 341
Free-cash
97 078
99 334
80 289
88 847

Estimated living cost  is ₽27341 per week

₽17003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2770
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.
₽7099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135947
₽125251
₽113704
₽102953
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
26 018
health
-
-
-
32 535
solidarity contribution
-
-
-
3 749
social contributions
-
-
-
35 012
total
-
-
-
97 314
Employee
44 092
-
193 600
-
social contributions
2 866
-
7 794
-
health
5 952
-
26 136
-
solidarity contribution
-
-
2 784
-
income
5 291
-
23 951
-
total
14 109
-
60 665
-
Employer
44 092
-
193 600
-
social contributions
11 023
-
29 976
-
health
3 968
-
17 424
-
total
14 991
-
47 400
-
Corporate
181 917
241 000
-
-
income
34 564
45 790
-
-
total
34 564
45 790
-
-
Dividends
147 353
195 210
-
-
withholding
22 103
29 281
-
-
total
22 103
29 281
-
-
Income
241 000
241 000
241 000
241 000
Total tax
85 767
75 071
108 065
97 314
After tax
155 233
165 929
132 935
143 686
Living cost
29 982
29 982
29 982
29 982
Free-cash
125 251
135 947
102 953
113 704

Estimated living cost  is ₽29982 per week

₽22297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100481
₽99976
₽91073
₽30599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
chamber of commerce
-
-
-
965
income
-
-
-
79 350
pensions
-
-
-
21 936
unemployment
-
-
-
6 225
health
-
-
-
9 070
surtax
-
-
-
-
total
-
-
-
117 546
Employee
44 366
40 447
200 869
-
other
443
404
1 186
-
health
1 716
1 566
4 588
-
income
3 952
2 983
67 162
-
pensions
4 544
4 141
12 142
-
unemployment
1 331
1 213
3 557
-
total
11 986
10 307
88 635
-
Employer
44 366
40 447
200 869
-
accident
576
526
1 541
-
other
2 107
1 920
8 841
-
chamber of commerce
177
162
803
-
unemployment
1 331
1 213
3 557
-
surtax
-
-
-
-
pensions
5 568
5 077
14 881
-
payroll
1 331
1 213
6 027
-
health
1 678
1 529
4 482
-
total
12 768
11 640
40 132
-
Corporate
183 866
188 912
197 016
-
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.

45 967
47 227
49 253
-
total
45 967
47 227
49 253
-
Dividends
137 898
141 685
-
-
withholding
37 922
38 964
-
-
total
37 922
38 964
-
-
Income
241 000
241 000
241 000
241 000
Total tax
108 643
108 138
178 020
117 546
After tax
132 357
132 862
62 980
123 454
Living cost
32 381
32 381
32 381
32 381
Free-cash
99 976
100 481
30 599
91 073

Estimated living cost  is ₽32381 per week

₽19424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽214520
₽211814
₽224160
₽178370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
241 000
microenterprise

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

-
-
-
2 410
total
-
-
-
2 410
Employee
18 038
-
241 000
-
income
3 608
-
48 200
-
total
3 608
-
48 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

222 962
241 000
-
-
total
-
-
-
-
Dividends
222 962
241 000
-
-
withholding
11 148
12 050
-
-
total
11 148
12 050
-
-
Income
241 000
241 000
241 000
241 000
Total tax
14 756
12 050
48 200
2 410
After tax
226 244
228 950
192 800
238 590
Living cost
14 430
14 430
14 430
14 430
Free-cash
211 814
214 520
178 370
224 160

Estimated living cost  is ₽14430 per week

₽9765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138705
₽130215
₽83328
₽78094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 000
income
-
-
-
62 359
pensions
-
-
-
44 012
unemployment
-
-
-
362
health
-
-
-
23 716
total
-
-
-
130 449
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.

44 881
-
208 532
-
health
2 899
-
13 471
-
income
7 740
-
57 128
-
pensions
6 957
-
32 323
-
unemployment
64
-
293
-
total
17 660
-
103 215
-
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.

44 881
-
208 532
-
unemployment
27
-
125
-
pensions
3 972
-
18 456
-
health
2 989
-
13 887
-
total
6 988
-
32 468
-
Corporate
189 131
241 000
-
-
income
35 934
45 790
-
-
total
35 934
45 790
-
-
Dividends
153 196
195 210
-
-
withholding
22 980
29 282
-
-
total
22 980
29 282
-
-
Income
241 000
241 000
241 000
241 000
Total tax
83 562
75 072
135 683
130 449
After tax
157 438
165 928
105 317
110 551
Living cost
27 223
27 223
27 223
27 223
Free-cash
130 215
138 705
78 094
83 328

Estimated living cost  is ₽27223 per week

₽18683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102612
₽54094
₽122538
₽183570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
46 976
social contributions
-
-
-
27 474
total
-
-
-
74 450
Employee
63 107
-
-
-
social contributions
5 175
-
737
-
income
13 920
-
-
-
total
19 095
-
737
-
Employer
63 107
-
-
-
social contributions
88 981
-
12 681
-
total
88 981
-
12 681
-
Corporate
88 913
241 000
-
-
income
19 561
53 020
-
-
total
19 561
53 020
-
-
Dividends
69 352
187 980
-
-
income
15 257
41 356
-
-
total
15 257
41 356
-
-
Income
241 000
241 000
241 000
241 000
Total tax
142 894
94 376
13 418
74 450
After tax
98 106
146 624
227 582
166 550
Living cost
44 012
44 012
44 012
44 012
Free-cash
54 094
102 612
183 570
122 538

Estimated living cost  is ₽44012 per week

₽28557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4139
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.
₽10755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽105246
₽104222
₽93239
₽73944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 000
income
-
-
-
32 178
surtax
-
-
-
-
social contributions

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

-
-
-
83 747
total
-
-
-
115 925
Employee
46 680
-
194 748
-
social contributions
5 135
-
21 422
-
surtax
-
-
482
-
income
9 710
-
67 064
-
total
14 845
-
88 968
-
Employer
46 680
-
194 748
-
social contributions
11 086
-
46 252
-
total
11 086
-
46 252
-
Corporate
183 234
241 000
-
-
surtax
-
-
-
-
income
38 479
50 609
-
-
total
38 479
50 609
-
-
Dividends
144 755
190 391
-
-
withholding
40 532
53 309
-
-
total
40 532
53 309
-
-
Income
241 000
241 000
241 000
241 000
Total tax
104 942
103 918
135 220
115 925
After tax
136 058
137 082
105 780
125 075
Living cost
31 836
31 836
31 836
31 836
Free-cash
104 222
105 246
73 944
93 239

Estimated living cost  is ₽31836 per week

₽23820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72444
₽79420
₽81758
₽73895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
46 706
pensions
-
-
-
37 044
other
-
-
-
7 471
health
-
-
-
12 134
surtax
-
-
-
-
social contributions
-
-
-
6 866
total
-
-
-
110 221
Employee
63 568
-
183 274
-
social contributions
1 810
-
5 222
-
surtax
-
-
-
-
income
5 546
-
41 045
-
pensions
7 190
-
14 091
-
total
14 546
-
60 358
-
Employer
63 568
-
183 274
-
other
2 194
-
7 722
-
social contributions
191
-
549
-
unemployment
2 575
-
7 423
-
pensions
10 445
-
23 481
-
health
4 449
-
18 551
-
total
19 854
-
57 726
-
Corporate
157 578
241 000
-
-
surtax
-
-
-
-
income
44 122
67 480
-
-
total
44 122
67 480
-
-
Dividends
113 456
173 520
-
-
surtax
-
-
-
-
social contributions
19 515
29 844
-
-
withholding
14 522
22 211
-
-
total
34 037
52 055
-
-
Income
241 000
241 000
241 000
241 000
Total tax
112 559
119 535
118 084
110 221
After tax
128 441
121 465
122 916
130 779
Living cost
49 021
49 021
49 021
49 021
Free-cash
79 420
72 444
73 895
81 758

Estimated living cost  is ₽49021 per week

₽33176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽186390
₽182981
₽144835
₽151242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
12 635
social contributions
-
-
-
53 021
total
-
-
-
65 656
Employee
32 630
-
208 660
-
income
-
-
13 346
-
social contributions
2 121
-
13 563
-
total
2 121
-
26 909
-
Employer
32 630
-
208 660
-
social contributions
5 058
-
32 340
-
total
5 058
-
32 340
-
Corporate
203 313
241 000
-
-
income
20 331
24 101
-
-
total
20 331
24 101
-
-
Dividends
182 981
216 899
-
-
total
-
-
-
-
Income
241 000
241 000
241 000
241 000
Total tax
27 510
24 101
59 249
65 656
After tax
213 490
216 899
181 751
175 344
Living cost
30 509
30 509
30 509
30 509
Free-cash
182 981
186 390
151 242
144 835

Estimated living cost  is ₽30509 per week

₽19727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19860
₽11076
₽89660
₽19860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
municipal
-
-
-
52 049
pensions
-
-
-
880
national
-
-
-
30 320
labour market
-
-
-
19 210
total
-
-
-
102 459
Employee
206 316
206 316
206 316
-
labour market
16 482
16 482
16 482
-
national
25 205
25 205
25 205
-
municipal
43 934
43 934
43 934
-
pensions
293
293
293
-
total
85 914
85 914
85 914
-
Employer
206 316
206 316
206 316
-
labour market
16 505
16 505
16 505
-
municipal
44 004
44 004
44 004
-
pensions
587
587
587
-
national
25 249
25 249
25 249
-
total
86 345
86 345
86 345
-
Corporate
19 860
-
-
-
income
4 369
-
-
-
total
4 369
-
-
-
Dividends
15 491
-
-
-
withholding
4 415
-
-
-
total
4 415
-
-
-
Income
241 000
241 000
241 000
241 000
Total tax
181 043
172 259
172 259
102 459
After tax
59 957
68 741
68 741
138 541
Living cost
48 881
48 881
48 881
48 881
Free-cash
11 076
19 860
19 860
89 660

Estimated living cost  is ₽48881 per week

₽33455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2269
₽16178
₽142727
₽111361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
accident
-
-
-
254
income
-
-
-
69 480
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
76 482
Employee
34 278
-
220 827
-
health
3 925
-
25 284
-
income
4 703
-
54 720
-
pensions
3 860
-
7 670
-
total
12 488
-
87 674
-
Employer
34 278
-
220 827
-
accident
572
-
3 688
-
unemployment
840
-
5 410
-
pensions
5 574
-
11 076
-
total
6 986
-
20 174
-
Corporate
199 736
241 000
-
-
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.

179 762
216 900
-
-
total
179 762
216 900
-
-
Dividends
19 974
24 100
-
-
withholding
3 795
4 579
-
-
total
3 795
4 579
-
-
Income
241 000
241 000
241 000
241 000
Total tax
203 031
221 479
107 848
76 482
After tax
37 969
19 521
133 152
164 518
Living cost
21 790
21 790
21 790
21 790
Free-cash
16 178
-2 269
111 361
142 727

Estimated living cost  is ₽21790 per week

₽15861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108182
₽111320
₽107436
₽79831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
241 000
municipal
-
-
-
42 787
health
-
-
-
3 288
national
-
-
-
48 522
total
-
-
-
94 597
Employee
53 399
-
202 743
-
health
399
-
2 698
-
municipal
8 746
-
32 997
-
pensions
3 604
-
13 685
-
unemployment
801
-
3 041
-
national
882
-
31 524
-
total
14 432
-
83 945
-
Employer
53 399
-
202 743
-
accident
54
-
202
-
unemployment
347
-
1 317
-
pensions
9 264
-
35 176
-
health
410
-
1 562
-
total
10 075
-
38 257
-
Corporate
177 526
241 000
-
-
income
35 505
48 200
-
-
total
35 505
48 200
-
-
Dividends

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

106 516
144 600
-
-
national
11 529
19 622
-
-
municipal
19 172
26 029
-
-
total
30 701
45 651
-
-
Income
241 000
241 000
241 000
241 000
Total tax
90 713
93 851
122 202
94 597
After tax
150 287
147 149
118 798
146 403
Living cost
38 967
38 967
38 967
38 967
Free-cash
111 320
108 182
79 831
107 436

Estimated living cost  is ₽38967 per week

₽25453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152109
₽146587
₽138108
₽136157
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
56 825
health
-
-
-
6 146
social contributions
-
-
-
16 422
total
-
-
-
79 393
Employee
78 045
78 045
228 045
-
social contributions
2 951
6 477
8 737
-
health
605
1 327
3 877
-
income
8 498
7 225
55 775
-
total
12 054
15 029
68 389
-
Employer
78 045
78 045
228 045
-
social contributions
2 951
6 477
8 737
-
health
657
1 445
4 218
-
total
3 608
7 922
12 955
-
Corporate
201 840
155 033
-
-
income
25 229
19 380
-
-
total
25 229
19 380
-
-
Dividends
176 611
135 653
-
-
withholding
30 023
23 061
-
-
total
30 023
23 061
-
-
Income
241 000
241 000
241 000
241 000
Total tax
70 914
65 392
81 344
79 393
After tax
170 086
175 608
159 656
161 607
Living cost
23 499
23 499
23 499
23 499
Free-cash
146 587
152 109
136 157
138 108

Estimated living cost  is ₽23499 per week

₽14083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽183459
₽178293
₽189695
₽169335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241 000
income
-
-
-
25 033
pensions
-
-
-
6 456
unemployment
-
-
-
29
health
-
-
-
3 673
total
-
-
-
35 191
Employee

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

23 297
-
231 081
-
health
1 980
-
8 186
-
income
1 593
-
22 518
-
pensions
3 494
-
14 445
-
unemployment
116
-
482
-
total
7 183
-
45 631
-
Employer

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

23 297
-
231 081
-
unemployment
116
-
482
-
pensions
1 281
-
5 297
-
health
1 002
-
4 141
-
total
2 399
-
9 920
-
Corporate
215 305
241 000
-
-
income
19 378
21 689
-
-
total
19 378
21 689
-
-
Dividends
195 927
219 311
-
-
withholding
17 633
19 738
-
-
total
17 633
19 738
-
-
Income
241 000
241 000
241 000
241 000
Total tax
46 593
41 427
55 551
35 191
After tax
194 407
199 573
185 449
205 809
Living cost
16 114
16 114
16 114
16 114
Free-cash
178 293
183 459
169 335
189 695

Estimated living cost  is ₽16114 per week

₽10281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131982
₽127501
₽106642
₽102384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
accident
-
-
-
847
income
-
-
-
78 226
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
106 448
Employee
37 529
-
211 009
-
other
37
-
94
-
income
7 235
-
74 742
-
pensions
1 764
-
4 422
-
unemployment
582
-
1 458
-
total
9 618
-
80 716
-
Employer
37 529
-
211 009
-
accident
743
-
1 862
-
other
300
-
753
-
unemployment
2 065
-
5 173
-
pensions
8 856
-
22 202
-
total
11 964
-
29 990
-
Corporate
191 507
241 000
-
-
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.

28 725
36 150
-
-
total
28 725
36 150
-
-
Dividends
162 781
204 850
-
-
withholding
35 282
44 958
-
-
total
35 282
44 958
-
-
Income
241 000
241 000
241 000
241 000
Total tax
85 589
81 108
110 706
106 448
After tax
155 411
159 892
130 294
134 552
Living cost
27 910
27 910
27 910
27 910
Free-cash
127 501
131 982
102 384
106 642

Estimated living cost  is ₽27910 per week

₽18839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽147597
₽147140
₽152226
₽152028
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
82 480
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
85 987
Employee
4 245
-
238 713
-
health
212
-
508
-
income
821
-
82 373
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
83 898
-
Employer
4 245
-
238 713
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
235 799
241 000
-
-
income
51 876
53 020
-
-
total
51 876
53 020
-
-
Dividends
183 924
187 980
-
-
withholding
36 785
37 596
-
-
total
36 785
37 596
-
-
Income
241 000
241 000
241 000
241 000
Total tax
91 073
90 616
86 185
85 987
After tax
149 927
150 384
154 815
155 013
Living cost
2 787
2 787
2 787
2 787
Free-cash
147 140
147 597
152 028
152 226

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽156563
₽151565
₽139065
₽139064
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 000
income
-
-
-
56 009
pensions
-
-
-
19 511
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
84 375
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.

26 480
-
227 568
-
health
1 364
-
3 865
-
income
3 650
-
56 009
-
pensions
3 707
-
10 506
-
unemployment
199
-
563
-
total
8 920
-
70 943
-
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.

26 480
-
227 568
-
unemployment
199
-
563
-
pensions
3 178
-
9 005
-
health
1 364
-
3 865
-
total
4 741
-
13 433
-
Corporate
209 780
241 000
-
-
income
31 467
36 150
-
-
total
31 467
36 150
-
-
Dividends
178 313
204 850
-
-
withholding
26 747
30 727
-
-
total
26 747
30 727
-
-
Income
241 000
241 000
241 000
241 000
Total tax
71 875
66 877
84 376
84 375
After tax
169 125
174 123
156 624
156 625
Living cost
17 560
17 560
17 560
17 560
Free-cash
151 565
156 563
139 064
139 065

Estimated living cost  is ₽17560 per week

₽11823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109720
₽109353
₽97713
₽78418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 000
income
-
-
-
32 178
surtax
-
-
-
-
social contributions

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

-
-
-
83 747
total
-
-
-
115 925
Employee
39 393
-
194 748
-
social contributions
4 334
-
21 422
-
surtax
-
-
482
-
income
7 697
-
67 064
-
total
12 031
-
88 968
-
Employer
39 393
-
194 748
-
social contributions
9 355
-
46 252
-
total
9 355
-
46 252
-
Corporate
192 253
241 000
-
-
surtax
-
-
-
-
income
40 372
50 609
-
-
total
40 372
50 609
-
-
Dividends
151 880
190 391
-
-
withholding
42 527
53 309
-
-
total
42 527
53 309
-
-
Income
241 000
241 000
241 000
241 000
Total tax
104 285
103 918
135 220
115 925
After tax
136 715
137 082
105 780
125 075
Living cost
27 362
27 362
27 362
27 362
Free-cash
109 353
109 720
78 418
97 713

Estimated living cost  is ₽27362 per week

₽19380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽124222
₽117579
₽98882
₽94624
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
accident
-
-
-
847
income
-
-
-
78 226
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
106 448
Employee
49 017
-
211 009
-
other
48
-
94
-
income
10 238
-
74 742
-
pensions
2 304
-
4 422
-
unemployment
759
-
1 458
-
total
13 349
-
80 716
-
Employer
49 017
-
211 009
-
accident
971
-
1 862
-
other
393
-
753
-
unemployment
2 696
-
5 173
-
pensions
11 568
-
22 202
-
total
15 628
-
29 990
-
Corporate
176 354
241 000
-
-
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.

26 453
36 150
-
-
total
26 453
36 150
-
-
Dividends
149 902
204 850
-
-
withholding
32 321
44 958
-
-
total
32 321
44 958
-
-
Income
241 000
241 000
241 000
241 000
Total tax
87 751
81 108
110 706
106 448
After tax
153 249
159 892
130 294
134 552
Living cost
35 670
35 670
35 670
35 670
Free-cash
117 579
124 222
94 624
98 882

Estimated living cost  is ₽35670 per week

₽25617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽188588
₽182401
₽177913
₽188036
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
36 150
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
45 620
Employee
23 129
-
234 042
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
23 404
-
pensions

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

2 030
-
3 114
-
total
5 661
-
28 539
-
Employer
23 129
-
234 042
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
213 333
241 000
-
-
income
21 333
24 100
-
-
total
21 333
24 100
-
-
Dividends
192 000
216 900
-
-
withholding
9 600
10 845
-
-
total
9 600
10 845
-
-
Income
241 000
241 000
241 000
241 000
Total tax
41 132
34 945
35 497
45 620
After tax
199 868
206 055
205 503
195 380
Living cost
17 467
17 467
17 467
17 467
Free-cash
182 401
188 588
188 036
177 913

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84744
₽98022
₽81199
₽109010
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 000
trade
-
-
-
27 812
income

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

-
-
-
81 395
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.

-
-
-
6 934
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.

-
-
-
4 476
total
-
-
-
120 617
Employee

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

50 500
-
241 000
-
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.

6 934
-
6 934
-
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.

229
-
4 476
-
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.

4 153
-
81 395
-
total
11 316
-
92 805
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
190 500
241 000
-
-
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.

1 572
1 988
-
-
income
28 575
36 150
-
-
trade
27 337
34 584
-
-
chamber of commerce
433
507
-
-
total
57 917
73 229
-
-
Dividends
132 583
167 771
-
-
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.

1 801
2 286
-
-
withholding
32 760
41 557
-
-
total
34 561
43 843
-
-
Income
241 000
241 000
241 000
241 000
Total tax
103 794
117 072
92 805
120 617
After tax
137 206
123 928
148 195
120 383
Living cost
39 184
39 184
39 184
39 184
Free-cash
98 022
84 744
109 010
81 199

Estimated living cost  is ₽39184 per week

₽27030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110883
₽113124
₽61912
₽61912
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
79 623
social contributions
-
-
-
41 649
total
-
-
-
121 272
Employee
79 392
-
241 000
-
income
14 981
-
79 623
-
social contributions
6 596
-
41 649
-
total
21 577
-
121 272
-
Employer
79 392
-
241 000
-
total
-
-
-
-
Corporate
161 608
241 000
-
-
income
20 201
30 126
-
-
total
20 201
30 126
-
-
Dividends
141 408
210 874
-
-
withholding
28 282
42 175
-
-
total
28 282
42 175
-
-
Income
241 000
241 000
241 000
241 000
Total tax
70 060
72 301
121 272
121 272
After tax
170 940
168 699
119 728
119 728
Living cost
57 816
57 816
57 816
57 816
Free-cash
113 124
110 883
61 912
61 912

Estimated living cost  is ₽57816 per week

₽43985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114445
₽117991
₽161196
₽130716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 000
income
-
-
-
36 150
health

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

-
-
-
6 811
total
-
-
-
42 961
Employee
46 560
-
236 331
-
income
5 052
-
64 103
-
social contributions
4 665
-
4 669
-
total
9 717
-
68 772
-
Employer
46 560
-
236 331
-
social contributions
4 665
-
4 669
-
total
4 665
-
4 669
-
Corporate
189 775
241 000
-
-
income
66 422
84 350
-
-
total
66 422
84 350
-
-
Dividends
123 353
156 650
-
-
social contributions
5 362
5 362
-
-
total
5 362
5 362
-
-
Income
241 000
241 000
241 000
241 000
Total tax
86 166
89 712
73 441
42 961
After tax
154 834
151 288
167 559
198 039
Living cost
36 843
36 843
36 843
36 843
Free-cash
117 991
114 445
130 716
161 196

Estimated living cost  is ₽36843 per week

₽24268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113179
₽119244
₽117221
₽95743
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
income
-
-
-
75 315
pensions
-
-
-
10 425
total
-
-
-
85 740
Employee
52 214
-
209 967
-
health
681
-
2 808
-
income
9 509
-
60 996
-
pensions
3 985
-
12 380
-
total
14 175
-
76 184
-
Employer
52 214
-
209 967
-
pensions
5 275
-
27 044
-
health
992
-
3 990
-
total
6 267
-
31 034
-
Corporate
182 519
241 000
-
-
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.

34 678
45 790
-
-
total
34 678
45 790
-
-
Dividends
147 841
195 210
-
-
withholding
28 597
43 992
-
-
total
28 597
43 992
-
-
Income
241 000
241 000
241 000
241 000
Total tax
83 717
89 782
107 218
85 740
After tax
157 283
151 218
133 782
155 260
Living cost
38 039
38 039
38 039
38 039
Free-cash
119 244
113 179
95 743
117 221

Estimated living cost  is ₽38039 per week

₽26094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4427
₽15848
₽140570
₽109204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
accident
-
-
-
254
income
-
-
-
69 480
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
76 482
Employee
37 671
-
220 827
-
health
4 313
-
25 284
-
income
5 168
-
54 720
-
pensions
4 242
-
7 670
-
total
13 723
-
87 674
-
Employer
37 671
-
220 827
-
accident
629
-
3 688
-
unemployment
923
-
5 410
-
pensions
6 125
-
11 076
-
total
7 677
-
20 174
-
Corporate
195 652
241 000
-
-
income

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

176 087
216 900
-
-
total
176 087
216 900
-
-
Dividends
19 565
24 100
-
-
withholding
3 717
4 579
-
-
total
3 717
4 579
-
-
Income
241 000
241 000
241 000
241 000
Total tax
201 204
221 479
107 848
76 482
After tax
39 796
19 521
133 152
164 518
Living cost
23 948
23 948
23 948
23 948
Free-cash
15 848
-4 427
109 204
140 570

Estimated living cost  is ₽23948 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170660
₽167589
₽141997
₽164306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
241 000
work injury
-
-
-
811
health insurance
-
-
-
12 007
income
-
-
-
40 677
pensions
-
-
-
29 856
unemployment
-
-
-
1 947
total
-
-
-
85 298
Employee

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

21 928
-
241 000
-
work injury
110
-
406
-
income
2 193
-
40 677
-
pensions
4 035
-
14 928
-
health insurance
1 623
-
6 004
-
unemployment
263
-
974
-
total
8 224
-
62 989
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
219 072
241 000
-
-
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%.

21 907
24 100
-
-
total
21 907
24 100
-
-
Dividends
197 165
216 900
-
-
withholding
29 575
32 535
-
-
total
29 575
32 535
-
-
Income
241 000
241 000
241 000
241 000
Total tax
59 706
56 635
62 989
85 298
After tax
181 294
184 365
178 011
155 702
Living cost
13 705
13 705
13 705
13 705
Free-cash
167 589
170 660
164 306
141 997

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86509
₽81893
₽73431
₽65093
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
241 000
municipal
-
-
-
1 712
regional
-
-
-
5 995
national
-
-
-
68 631
social contributions
-
-
-
50 798
total
-
-
-
127 136
Employee
85 526
-
241 000
-
social contributions
28 839
-
66 597
-
regional
1 291
-
5 469
-
municipal
510
-
1 570
-
national
14 453
-
61 838
-
total
45 093
-
135 474
-
Employer
85 526
-
241 000
-
total
-
-
-
-
Corporate
155 474
241 000
-
-
nationa
37 314
57 840
-
-
municipal
7 494
11 616
-
-
total
44 808
69 456
-
-
Dividends
110 666
171 544
-
-
withholding
28 773
44 602
-
-
total
28 773
44 602
-
-
Income
241 000
241 000
241 000
241 000
Total tax
118 674
114 058
135 474
127 136
After tax
122 326
126 942
105 526
113 864
Living cost
40 433
40 433
40 433
40 433
Free-cash
81 893
86 509
65 093
73 431

Estimated living cost  is ₽40433 per week

₽28402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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