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
₽ 243000
per

Your estimated
City
free-cash

Dresden , Germany
₽92745
₽119134
₽103588
₽88041
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 000
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.

-
-
-
6 699
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.

-
-
-
82 907
trade
-
-
-
31 093
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.

-
-
-
4 559
total
-
-
-
125 258
Employee

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

37 505
-
243 000
-
surtax

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

58
-
4 559
-
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.

1 048
-
82 907
-
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.

6 699
-
6 699
-
total
7 805
-
94 165
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
205 495
243 000
-
-
trade
32 365
38 272
-
-
chamber of commerce
445
499
-
-
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.

1 695
2 004
-
-
income
30 825
36 450
-
-
total
65 330
77 225
-
-
Dividends
140 165
165 776
-
-
withholding
34 669
41 070
-
-
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.

1 907
2 259
-
-
total
36 576
43 329
-
-
Income
243 000
243 000
243 000
243 000
Total tax
109 711
120 554
94 165
125 258
After tax
133 289
122 446
148 835
117 742
Living cost
29 701
29 701
29 701
29 701
Free-cash
103 588
92 745
119 134
88 041

Estimated living cost  is ₽29701 per week

₽18683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99915
₽87036
₽99054
₽85733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
social contributions
-
-
-
2 612
national
-
-
-
46 709
pensions
-
-
-
29 160
municipal
-
-
-
27 069
total
-
-
-
105 550
Employee
80 170
-
210 071
-
national
15 345
-
48 770
-
municipal
9 902
-
28 010
-
pensions
3 207
-
8 403
-
total
28 454
-
85 183
-
Employer
80 170
-
210 071
-
pensions
6 414
-
16 806
-
social contributions
862
-
2 258
-
total
7 276
-
19 064
-
Corporate
150 263
243 000
-
-
income

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

30 053
48 600
-
-
total
30 053
48 600
-
-
Dividends
120 210
194 400
-
-
withholding
26 446
42 768
-
-
total
26 446
42 768
-
-
Income
243 000
243 000
243 000
243 000
Total tax
92 229
91 368
104 247
105 550
After tax
150 771
151 632
138 753
137 450
Living cost
51 717
51 717
51 717
51 717
Free-cash
99 054
99 915
87 036
85 733

Estimated living cost  is ₽51717 per week

₽35151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽774
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174001
₽86427
₽165956
₽69493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 000
microenterprise
-
-
-
-
social contributions

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

-
-
-
37 570
income
-
-
-
53 571
surtax
-
-
-
61 966
total
-
-
-
153 107
Employee
28 653
-
193 556
-
surtax
-
-
28 065
-
income
5 101
-
45 808
-
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.

3 152
-
12 855
-
total
8 253
-
86 728
-
Employer
28 653
-
193 556
-
surtax
-
-
21 292
-
social contributions

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

6 902
-
28 153
-
total
6 902
-
49 445
-
Corporate
207 445
243 000
-
-
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%.

41 489
48 599
-
-
total
41 489
48 599
-
-
Dividends

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

165 956
194 401
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
56 644
48 599
136 173
153 107
After tax
186 356
194 401
106 827
89 893
Living cost
20 400
20 400
20 400
20 400
Free-cash
165 956
174 001
86 427
69 493

Estimated living cost  is ₽20400 per week

₽13015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80278
₽114292
₽74269
₽88188
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
12 092
income
-
-
-
90 153
pensions
-
-
-
11 489
total
-
-
-
113 734
Employee
83 737
83 737
224 777
-
income

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

13 706
13 706
45 826
-
pensions
15 073
11 489
11 489
-
health
12 853
10 932
12 092
-
total
41 632
36 127
69 407
-
Employer
83 737
83 737
224 777
-
unemployment
3 015
3 015
3 746
-
pensions
5 828
5 828
7 244
-
health
5 821
5 821
7 233
-
total
14 664
14 664
18 223
-
Corporate
145 626
144 599
-
-
income
29 126
28 919
-
-
total
29 126
28 919
-
-
Dividends
116 501
115 680
-
-
withholding
17 475
17 352
-
-
income
24 756
24 582
-
-
total
42 231
41 934
-
-
Income
243 000
243 000
243 000
243 000
Total tax
127 653
121 644
87 630
113 734
After tax
115 347
121 356
155 370
129 266
Living cost
41 078
41 078
41 078
41 078
Free-cash
74 269
80 278
114 292
88 188

Estimated living cost  is ₽41078 per week

₽29111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91748
₽79011
₽90829
₽80005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
5 597
national
-
-
-
31 365
pensions
-
-
-
9 697
unemployment
-
-
-
90
other
-
-
-
10 424
accident
-
-
-
179
municipal
-
-
-
64 713
total
-
-
-
122 065
Employee
58 321
-
214 815
-
national
-
-
30 816
-
municipal
17 391
-
64 058
-
total
17 391
-
94 874
-
Employer
58 321
-
214 815
-
unemployment
1 540
-
2 368
-
pensions
6 304
-
9 697
-
accident
117
-
179
-
other
6 777
-
10 424
-
health
3 587
-
5 517
-
total
18 325
-
28 185
-
Corporate
166 355
243 000
-
-
income
36 598
53 460
-
-
total
36 598
53 460
-
-
Dividends
129 757
189 540
-
-
withholding
38 927
56 862
-
-
total
38 927
56 862
-
-
Income
243 000
243 000
243 000
243 000
Total tax
111 241
110 322
123 059
122 065
After tax
131 759
132 678
119 941
120 935
Living cost
40 930
40 930
40 930
40 930
Free-cash
90 829
91 748
79 011
80 005

Estimated living cost  is ₽40930 per week

₽27126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82675
₽110314
₽96452
₽77841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 000
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.

-
-
-
6 699
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.

-
-
-
82 907
trade
-
-
-
32 473
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.

-
-
-
4 559
total
-
-
-
126 638
Employee

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

49 727
-
243 000
-
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.

234
-
4 559
-
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.

4 272
-
82 907
-
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.

6 699
-
6 699
-
total
11 205
-
94 165
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
193 273
243 000
-
-
trade
31 794
39 974
-
-
chamber of commerce
424
495
-
-
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.

1 595
2 004
-
-
income
28 992
36 450
-
-
total
62 805
78 923
-
-
Dividends
130 468
164 077
-
-
withholding
32 244
40 646
-
-
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.

1 773
2 235
-
-
total
34 017
42 881
-
-
Income
243 000
243 000
243 000
243 000
Total tax
108 027
121 804
94 165
126 638
After tax
134 973
121 196
148 835
116 362
Living cost
38 521
38 521
38 521
38 521
Free-cash
96 452
82 675
110 314
77 841

Estimated living cost  is ₽38521 per week

₽25763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145235
₽128820
₽141170
₽130766
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
6 197
social contributions
-
-
-
15 865
income
-
-
-
58 367
total
-
-
-
80 429
Employee
75 402
75 402
230 298
-
income
7 918
6 980
57 317
-
social contributions
3 664
6 258
8 441
-
health
750
1 282
3 915
-
total
12 332
14 520
69 673
-
Employer
75 402
75 402
230 298
-
social contributions
3 664
6 258
8 441
-
health
817
1 396
4 261
-
total
4 481
7 654
12 702
-
Corporate
194 382
159 945
-
-
income
24 297
19 993
-
-
total
24 297
19 993
-
-
Dividends
170 085
139 952
-
-
withholding
28 915
23 793
-
-
total
28 915
23 793
-
-
Income
243 000
243 000
243 000
243 000
Total tax
70 025
65 960
82 375
80 429
After tax
172 975
177 040
160 625
162 571
Living cost
31 805
31 805
31 805
31 805
Free-cash
141 170
145 235
128 820
130 766

Estimated living cost  is ₽31805 per week

₽21742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7045
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118504
₽123015
₽118875
₽150484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
17 010
income
-
-
-
29 707
pensions
-
-
-
24 300
unemployment
-
-
-
3 645
total
-
-
-
74 662
Employee

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

The minimum wage is 138,000 HUF per month.

25 773
10 257
203 347
-
unemployment
387
154
3 050
-
income
3 151
1 254
24 859
-
pensions
2 577
1 026
20 335
-
health
1 804
718
14 234
-
total
7 919
3 152
62 478
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 773
10 257
203 347
-
pensions
5 026
2 000
39 653
-
total
5 026
2 000
39 653
-
Corporate
212 201
230 742
-
-
income
19 098
20 767
-
-
total
19 098
20 767
-
-
Dividends
193 103
209 976
-
-
withholding
36 690
39 895
-
-
social contributions
37 538
40 828
-
-
total
74 228
80 723
-
-
Income
243 000
243 000
243 000
243 000
Total tax
106 271
106 642
102 131
74 662
After tax
136 729
136 358
140 869
168 338
Living cost
17 854
17 854
17 854
17 854
Free-cash
118 875
118 504
123 015
150 484

Estimated living cost  is ₽17854 per week

₽12184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1461
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽357
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170716
₽116375
₽164623
₽106564
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
31 589
income
-
-
-
32 563
pensions
-
-
-
48 599
total
-
-
-
112 751
Employee
27 817
-
181 613
-
unemployment
445
-
2 907
-
income
3 132
-
35 015
-
pensions
556
-
3 632
-
total
4 133
-
41 554
-
Employer
27 817
-
181 613
-
unemployment
223
-
1 453
-
pensions
5 564
-
36 323
-
health
3 616
-
23 610
-
total
9 403
-
61 386
-
Corporate
205 780
243 000
-
-
income
41 156
48 599
-
-
total
41 156
48 599
-
-
Dividends
164 624
194 401
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
54 692
48 599
102 940
112 751
After tax
188 308
194 401
140 060
130 249
Living cost
23 685
23 685
23 685
23 685
Free-cash
164 623
170 716
116 375
106 564

Estimated living cost  is ₽23685 per week

₽16245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1411
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.
₽5553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2032
₽112707
₽16353
₽144151
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
2 153
income
-
-
-
70 259
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
77 134
Employee
34 159
-
222 940
-
income
4 686
-
55 461
-
pensions
3 846
-
7 531
-
health
3 911
-
25 526
-
total
12 443
-
88 518
-
Employer
34 159
-
222 940
-
unemployment
837
-
5 462
-
pensions
5 555
-
10 875
-
accident
570
-
3 723
-
total
6 962
-
20 060
-
Corporate
201 879
243 000
-
-
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.

181 691
218 700
-
-
total
181 691
218 700
-
-
Dividends
20 188
24 300
-
-
withholding
3 836
4 617
-
-
total
3 836
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
204 932
223 317
108 578
77 134
After tax
38 068
19 683
134 422
165 866
Living cost
21 715
21 715
21 715
21 715
Free-cash
16 353
-2 032
112 707
144 151

Estimated living cost  is ₽21715 per week

₽15915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽222771
₽186321
₽221257
₽232491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
243 000
microenterprise

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

-
-
-
2 430
total
-
-
-
2 430
Employee
10 098
-
243 000
-
income
2 019
-
48 600
-
total
2 019
-
48 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

232 902
243 000
-
-
total
-
-
-
-
Dividends
232 902
243 000
-
-
withholding
11 645
12 150
-
-
total
11 645
12 150
-
-
Income
243 000
243 000
243 000
243 000
Total tax
13 664
12 150
48 600
2 430
After tax
229 336
230 850
194 400
240 570
Living cost
8 079
8 079
8 079
8 079
Free-cash
221 257
222 771
186 321
232 491

Estimated living cost  is ₽8079 per week

₽5006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152405
₽121242
₽145780
₽123198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
6 561
income
-
-
-
44 243
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.

-
-
-
35 788
other
-
-
-
7 082
total
-
-
-
93 674
Employee
35 604
-
204 978
-
unemployment
355
-
1 491
-
income
6 130
-
43 592
-
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.

2 492
-
10 437
-
health
499
-
2 088
-
total
9 476
-
57 608
-
Employer
35 604
-
204 978
-
unemployment
355
-
1 491
-
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.

6 053
-
25 350
-
accident
285
-
1 639
-
other
1 781
-
7 454
-
health
499
-
2 088
-
total
8 973
-
38 022
-
Corporate
198 423
243 000
-
-
income
41 670
51 030
-
-
total
41 670
51 030
-
-
Dividends
156 754
191 970
-
-
withholding
10 973
13 437
-
-
total
10 973
13 437
-
-
Income
243 000
243 000
243 000
243 000
Total tax
71 092
64 467
95 630
93 674
After tax
171 908
178 533
147 370
149 326
Living cost
26 128
26 128
26 128
26 128
Free-cash
145 780
152 405
121 242
123 198

Estimated living cost  is ₽26128 per week

₽18461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1764
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5482
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85996
₽68777
₽93876
₽90380
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
76 947
pensions
-
-
-
10 218
total
-
-
-
87 165
Employee
92 610
-
211 621
-
income
16 694
-
62 544
-
pensions
8 934
-
12 051
-
health
1 526
-
2 794
-
total
27 154
-
77 389
-
Employer
92 610
-
211 621
-
pensions
10 935
-
27 359
-
health
1 759
-
4 020
-
total
12 694
-
31 379
-
Corporate
137 697
243 000
-
-
income

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

26 163
46 169
-
-
total
26 163
46 169
-
-
Dividends
111 534
196 831
-
-
withholding
17 658
45 380
-
-
total
17 658
45 380
-
-
Income
243 000
243 000
243 000
243 000
Total tax
83 669
91 549
108 768
87 165
After tax
159 331
151 451
134 232
155 835
Living cost
65 455
65 455
65 455
65 455
Free-cash
93 876
85 996
68 777
90 380

Estimated living cost  is ₽65455 per week

₽49047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7691
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.
₽8186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽195021
₽195045
₽190505
₽184741
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
3 904
income
-
-
-
36 450
pensions

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

-
-
-
5 025
unemployment
-
-
-
136
total
-
-
-
45 515
Employee
16 874
-
236 339
-
income
1 687
-
23 634
-
accident

We are using the highest rate at 1.1%.

186
-
373
-
pensions

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

1 482
-
2 981
-
health
776
-
1 562
-
total
4 131
-
28 550
-
Employer
16 874
-
236 339
-
unemployment
101
-
204
-
pensions

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

1 860
-
3 741
-
accident

We are using the highest rate at 1.1%.

186
-
373
-
health
1 165
-
2 343
-
total
3 312
-
6 661
-
Corporate
222 814
243 000
-
-
income
22 281
24 300
-
-
total
22 281
24 300
-
-
Dividends
200 533
218 700
-
-
withholding
10 027
10 935
-
-
total
10 027
10 935
-
-
Income
243 000
243 000
243 000
243 000
Total tax
39 751
35 235
35 211
45 515
After tax
203 249
207 765
207 789
197 485
Living cost
12 744
12 744
12 744
12 744
Free-cash
190 505
195 021
195 045
184 741

Estimated living cost  is ₽12744 per week

₽7440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66981
₽100995
₽69448
₽74891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
12 092
income
-
-
-
90 153
pensions
-
-
-
11 489
total
-
-
-
113 734
Employee
90 912
83 737
224 777
-
income

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

13 706
13 706
45 826
-
pensions
11 489
11 489
11 489
-
health
11 342
10 932
12 092
-
total
36 537
36 127
69 407
-
Employer
90 912
83 737
224 777
-
unemployment
3 273
3 015
3 746
-
pensions
6 327
5 828
7 244
-
health
6 318
5 821
7 233
-
total
15 918
14 664
18 223
-
Corporate
136 171
144 599
-
-
income
27 233
28 919
-
-
total
27 233
28 919
-
-
Dividends
108 937
115 680
-
-
withholding
16 340
17 352
-
-
income
23 149
24 582
-
-
total
39 489
41 934
-
-
Income
243 000
243 000
243 000
243 000
Total tax
119 177
121 644
87 630
113 734
After tax
123 823
121 356
155 370
129 266
Living cost
54 375
54 375
54 375
54 375
Free-cash
69 448
66 981
100 995
74 891

Estimated living cost  is ₽54375 per week

₽40110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143127
₽110097
₽134502
₽120976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
32 805
social contributions
-
-
-
34 792
income
-
-
-
26 310
solidarity contribution
-
-
-
3 938
total
-
-
-
97 845
Employee
35 557
-
195 607
-
income
4 267
-
24 218
-
solidarity contribution
-
-
2 961
-
social contributions
2 311
-
7 745
-
health
4 800
-
26 407
-
total
11 378
-
61 331
-
Employer
35 557
-
195 607
-
social contributions
8 889
-
29 788
-
health
3 200
-
17 605
-
total
12 089
-
47 393
-
Corporate
195 354
243 000
-
-
income
37 117
46 170
-
-
total
37 117
46 170
-
-
Dividends
158 236
196 830
-
-
withholding
23 735
29 524
-
-
total
23 735
29 524
-
-
Income
243 000
243 000
243 000
243 000
Total tax
84 319
75 694
108 724
97 845
After tax
158 681
167 306
134 276
145 155
Living cost
24 179
24 179
24 179
24 179
Free-cash
134 502
143 127
110 097
120 976

Estimated living cost  is ₽24179 per week

₽16795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
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.
₽5188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88273
₽68824
₽83154
₽77136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
social contributions
-
-
-
49 078
national
-
-
-
70 678
regional
-
-
-
3 179
municipal
-
-
-
1 552
total
-
-
-
124 487
Employee
87 148
-
243 000
-
regional
822
-
2 915
-
national
15 101
-
64 113
-
municipal
461
-
1 429
-
social contributions
29 386
-
64 342
-
total
45 770
-
132 799
-
Employer
87 148
-
243 000
-
total
-
-
-
-
Corporate
155 852
243 000
-
-
nationa
37 405
58 320
-
-
municipal
6 077
9 477
-
-
total
43 482
67 797
-
-
Dividends
112 370
175 202
-
-
withholding
29 217
45 553
-
-
total
29 217
45 553
-
-
Income
243 000
243 000
243 000
243 000
Total tax
118 469
113 350
132 799
124 487
After tax
124 531
129 650
110 201
118 513
Living cost
41 377
41 377
41 377
41 377
Free-cash
83 154
88 273
68 824
77 136

Estimated living cost  is ₽41377 per week

₽28843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131208
₽86430
₽128157
₽92424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
9 291
income
-
-
-
79 521
pensions
-
-
-
26 174
unemployment
-
-
-
223
other
-
-
-
-
surtax
-
-
-
13 729
total
-
-
-
128 938
Employee
32 427
-
215 452
-
surtax
106
-
12 555
-
unemployment
2 257
-
9 109
-
income
5 435
-
73 655
-
pensions
2 162
-
8 729
-
health
828
-
3 336
-
other
-
-
-
-
total
10 788
-
107 384
-
Employer
32 427
-
215 452
-
unemployment
1 027
-
4 148
-
pensions
4 323
-
17 445
-
other
-
-
-
-
health
1 476
-
5 955
-
total
6 826
-
27 548
-
Corporate
203 747
243 000
-
-
income
52 974
63 181
-
-
total
52 974
63 181
-
-
Dividends
150 773
179 819
-
-
withholding
22 617
26 973
-
-
total
22 617
26 973
-
-
Income
243 000
243 000
243 000
243 000
Total tax
93 205
90 154
134 932
128 938
After tax
149 795
152 846
108 068
114 062
Living cost
21 638
21 638
21 638
21 638
Free-cash
128 157
131 208
86 430
92 424

Estimated living cost  is ₽21638 per week

₽13231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106734
₽89515
₽113200
₽111118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
76 947
pensions
-
-
-
10 218
total
-
-
-
87 165
Employee
62 064
-
211 621
-
income
11 178
-
62 544
-
pensions
5 268
-
12 051
-
health
901
-
2 794
-
total
17 347
-
77 389
-
Employer
62 064
-
211 621
-
pensions
6 719
-
27 359
-
health
1 179
-
4 020
-
total
7 898
-
31 379
-
Corporate
173 038
243 000
-
-
income

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

32 877
46 169
-
-
total
32 877
46 169
-
-
Dividends
140 161
196 831
-
-
withholding
26 961
45 380
-
-
total
26 961
45 380
-
-
Income
243 000
243 000
243 000
243 000
Total tax
85 083
91 549
108 768
87 165
After tax
157 917
151 451
134 232
155 835
Living cost
44 717
44 717
44 717
44 717
Free-cash
113 200
106 734
89 515
111 118

Estimated living cost  is ₽44717 per week

₽33502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
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.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31521
₽104164
₽65577
₽112571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
546
national
-
-
-
6 664
pensions
-
-
-
22 355
regional
-
-
-
13 845
city
-
-
-
2 562
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.

-
-
-
4 859
total
-
-
-
50 831
Employee
93 150
-
218 938
-
regional
3 050
-
12 405
-
national
441
-
5 533
-
unemployment
-
-
-
-
pensions
7 826
-
16 782
-
health
211
-
493
-
city
1 000
-
2 371
-
total
12 528
-
37 584
-
Employer
93 150
-
218 938
-
unemployment
-
-
-
-
pensions
7 826
-
16 782
-
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.

1 862
-
4 379
-
health
211
-
493
-
total
9 899
-
21 654
-
Corporate
138 927
243 000
-
-
national
11 808
20 654
-
-
regional
29 384
51 394
-
-
total
41 192
72 048
-
-
Dividends
97 735
170 952
-
-
withholding
34 206
59 833
-
-
total
34 206
59 833
-
-
Income
243 000
243 000
243 000
243 000
Total tax
97 825
131 881
59 238
50 831
After tax
145 175
111 119
183 762
192 169
Living cost
79 598
79 598
79 598
79 598
Free-cash
65 577
31 521
104 164
112 571

Estimated living cost  is ₽79598 per week

₽51762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽977
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽75024
₽103914
₽90925
₽70058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 000
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.

-
-
-
6 699
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.

-
-
-
82 907
trade
-
-
-
33 856
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.

-
-
-
4 559
total
-
-
-
128 021
Employee

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

58 931
-
243 000
-
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.

381
-
4 559
-
income

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

6 930
-
82 907
-
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.

6 699
-
6 699
-
total
14 010
-
94 165
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
184 069
243 000
-
-
trade
31 567
41 675
-
-
chamber of commerce
408
491
-
-
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.

1 518
2 004
-
-
income
27 611
36 450
-
-
total
61 104
80 620
-
-
Dividends
122 965
162 379
-
-
withholding
30 369
40 222
-
-
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.

1 671
2 213
-
-
total
32 040
42 435
-
-
Income
243 000
243 000
243 000
243 000
Total tax
107 154
123 055
94 165
128 021
After tax
135 846
119 945
148 835
114 979
Living cost
44 921
44 921
44 921
44 921
Free-cash
90 925
75 024
103 914
70 058

Estimated living cost  is ₽44921 per week

₽32808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3593
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.
₽7936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88924
₽88941
₽94713
₽97481
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
12 469
social contributions
-
-
-
6 924
income
-
-
-
48 411
pensions
-
-
-
36 633
other
-
-
-
7 533
surtax
-
-
-
-
total
-
-
-
111 970
Employee
41 967
-
184 371
-
surtax
-
-
-
-
income
2 477
-
42 277
-
social contributions
1 197
-
5 253
-
pensions
4 745
-
14 351
-
total
8 419
-
61 881
-
Employer
41 967
-
184 371
-
unemployment
1 699
-
7 468
-
pensions
6 894
-
23 890
-
social contributions
127
-
553
-
other
1 448
-
7 846
-
health
2 938
-
18 872
-
total
13 106
-
58 629
-
Corporate
187 927
243 000
-
-
surtax
-
-
-
-
income
52 619
68 039
-
-
total
52 619
68 039
-
-
Dividends
135 308
174 961
-
-
withholding
17 319
22 395
-
-
surtax
-
-
-
-
social contributions
23 275
30 093
-
-
total
40 594
52 488
-
-
Income
243 000
243 000
243 000
243 000
Total tax
114 738
120 527
120 510
111 970
After tax
128 262
122 473
122 490
131 030
Living cost
33 549
33 549
33 549
33 549
Free-cash
94 713
88 924
88 941
97 481

Estimated living cost  is ₽33549 per week

₽21154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92248
₽92265
₽97694
₽100805
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
12 469
social contributions
-
-
-
6 924
income
-
-
-
48 411
pensions
-
-
-
36 633
other
-
-
-
7 533
surtax
-
-
-
-
total
-
-
-
111 970
Employee
37 462
-
184 371
-
surtax
-
-
-
-
income
1 932
-
42 277
-
social contributions
1 068
-
5 253
-
pensions
4 237
-
14 351
-
total
7 237
-
61 881
-
Employer
37 462
-
184 371
-
unemployment
1 517
-
7 468
-
pensions
6 156
-
23 890
-
social contributions
112
-
553
-
other
1 293
-
7 846
-
health
2 622
-
18 872
-
total
11 700
-
58 629
-
Corporate
193 839
243 000
-
-
surtax
-
-
-
-
income
54 275
68 039
-
-
total
54 275
68 039
-
-
Dividends
139 564
174 961
-
-
withholding
17 864
22 395
-
-
surtax
-
-
-
-
social contributions
24 005
30 093
-
-
total
41 869
52 488
-
-
Income
243 000
243 000
243 000
243 000
Total tax
115 081
120 527
120 510
111 970
After tax
127 919
122 473
122 490
131 030
Living cost
30 225
30 225
30 225
30 225
Free-cash
97 694
92 248
92 265
100 805

Estimated living cost  is ₽30225 per week

₽17529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127460
₽128187
₽127967
₽135262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
16 961
social contributions
-
-
-
33 534
income
-
-
-
36 450
total
-
-
-
86 945
Employee
33 247
-
243 000
-
income
5 545
-
43 525
-
social contributions
4 589
-
33 534
-
health
2 320
-
16 961
-
total
12 454
-
94 020
-
Employer
33 247
-
243 000
-
total
-
-
-
-
Corporate
209 753
243 000
-
-
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%.

10 488
12 149
-
-
total
10 488
12 149
-
-
Dividends
199 265
230 851
-
-
withholding
29 891
34 628
-
-
social contributions
27 499
31 857
-
-
health
13 908
16 113
-
-
total
71 298
82 598
-
-
Income
243 000
243 000
243 000
243 000
Total tax
94 240
94 747
94 020
86 945
After tax
148 760
148 253
148 980
156 055
Living cost
20 793
20 793
20 793
20 793
Free-cash
127 967
127 460
128 187
135 262

Estimated living cost  is ₽20793 per week

₽13915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99230
₽28615
₽97712
₽89570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
8 763
chamber of commerce
-
-
-
971
income
-
-
-
81 743
pensions
-
-
-
21 193
unemployment
-
-
-
6 014
surtax
-
-
-
194
total
-
-
-
118 878
Employee
49 005
39 077
203 357
-
unemployment
1 470
1 172
3 437
-
income
5 579
2 882
69 534
-
pensions
5 019
4 001
11 731
-
health
1 896
1 513
4 432
-
other
489
391
1 146
-
total
14 453
9 959
90 280
-
Employer
49 005
39 077
203 357
-
chamber of commerce
195
156
813
-
surtax
194
194
194
-
payroll
1 470
1 172
6 100
-
unemployment
1 470
1 172
3 437
-
pensions
6 150
4 905
14 377
-
accident
636
508
1 489
-
other
2 328
1 855
8 904
-
health
1 852
1 477
4 330
-
total
14 295
11 439
39 644
-
Corporate
179 700
192 482
199 635
-
income

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

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

44 924
48 121
49 909
-
total
44 924
48 121
49 909
-
Dividends
134 776
144 361
-
-
withholding
37 064
39 699
-
-
total
37 064
39 699
-
-
Income
243 000
243 000
243 000
243 000
Total tax
110 736
109 218
179 833
118 878
After tax
132 264
133 782
63 167
124 122
Living cost
34 552
34 552
34 552
34 552
Free-cash
97 712
99 230
28 615
89 570

Estimated living cost  is ₽34552 per week

₽23045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2948
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.
₽7992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96347
₽45880
₽85298
₽70053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
communal

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

-
-
-
13 113
social contributions
-
-
-
24 447
national
-
-
-
99 634
total
-
-
-
137 194
Employee

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

70 141
-
188 212
-
national
21 564
-
72 165
-
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.

610
-
1 638
-
communal

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

3 658
-
9 816
-
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.

5 261
-
14 116
-
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.

3 296
-
8 846
-
total
34 389
-
106 581
-
Employer

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

70 141
-
188 212
-
surtax
7 953
-
21 344
-
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.

1 023
-
2 748
-
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.

6 215
-
16 675
-
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.

912
-
2 445
-
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.

4 313
-
11 574
-
total
20 416
-
54 786
-
Corporate
152 442
243 000
-
-
surtax
610
1 074
-
-
income
30 488
53 722
-
-
total
31 098
54 796
-
-
Dividends
121 343
188 204
-
-
withholding

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

36 046
56 104
-
-
total
36 046
56 104
-
-
Income
243 000
243 000
243 000
243 000
Total tax
121 949
110 900
161 367
137 194
After tax
121 051
132 100
81 633
105 806
Living cost
35 753
35 753
35 753
35 753
Free-cash
85 298
96 347
45 880
70 053

Estimated living cost  is ₽35753 per week

₽23030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125714
₽96057
₽118998
₽100172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
80 149
pensions
-
-
-
25 720
unemployment
-
-
-
636
other
-
-
-
91
accident
-
-
-
819
total
-
-
-
107 415
Employee
48 811
-
214 025
-
unemployment
757
-
1 409
-
income
10 299
-
76 783
-
pensions
2 294
-
4 272
-
other
48
-
91
-
total
13 398
-
82 555
-
Employer
48 811
-
214 025
-
unemployment
2 685
-
4 998
-
pensions
11 519
-
21 450
-
accident
966
-
1 799
-
other
389
-
728
-
total
15 559
-
28 975
-
Corporate
178 631
243 000
-
-
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.

26 794
36 450
-
-
total
26 794
36 450
-
-
Dividends
151 837
206 550
-
-
withholding
32 838
45 423
-
-
total
32 838
45 423
-
-
Income
243 000
243 000
243 000
243 000
Total tax
88 589
81 873
111 530
107 415
After tax
154 411
161 127
131 470
135 585
Living cost
35 413
35 413
35 413
35 413
Free-cash
118 998
125 714
96 057
100 172

Estimated living cost  is ₽35413 per week

₽26078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82361
₽68629
₽68872
₽60260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
16 347
communal
-
-
-
15 357
income
-
-
-
48 699
pensions
-
-
-
34 874
surtax
-
-
-
12 213
accident
-
-
-
1 961
total
-
-
-
129 451
Employee
74 258
-
217 060
-
surtax
4 552
-
13 303
-
income
7 173
-
54 814
-
pensions
5 940
-
17 365
-
health
3 305
-
9 660
-
total
20 970
-
95 142
-
Employer
74 258
-
217 060
-
pensions
5 940
-
17 365
-
accident
668
-
1 954
-
health
2 265
-
6 621
-
total
8 873
-
25 940
-
Corporate
159 869
243 000
-
-
surtax
1 678
2 551
-
-
income
23 981
36 450
-
-
communal
10 791
16 403
-
-
total
36 450
55 404
-
-
Dividends
123 419
187 596
-
-
withholding
18 513
28 139
-
-
income
36 033
23 807
-
-
total
54 546
51 946
-
-
Income
243 000
243 000
243 000
243 000
Total tax
120 839
107 350
121 082
129 451
After tax
122 161
135 650
121 918
113 549
Living cost
53 289
53 289
53 289
53 289
Free-cash
68 872
82 361
68 629
60 260

Estimated living cost  is ₽53289 per week

₽39974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3229
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.
₽9520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130821
₽86043
₽127702
₽92037
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
9 291
income
-
-
-
79 521
pensions
-
-
-
26 174
unemployment
-
-
-
223
other
-
-
-
-
surtax
-
-
-
13 729
total
-
-
-
128 938
Employee
33 022
-
215 452
-
surtax
117
-
12 555
-
unemployment
2 298
-
9 109
-
income
5 536
-
73 655
-
pensions
2 203
-
8 729
-
health
843
-
3 336
-
other
-
-
-
-
total
10 997
-
107 384
-
Employer
33 022
-
215 452
-
unemployment
1 048
-
4 148
-
pensions
4 403
-
17 445
-
other
-
-
-
-
health
1 502
-
5 955
-
total
6 953
-
27 548
-
Corporate
203 026
243 000
-
-
income
52 786
63 181
-
-
total
52 786
63 181
-
-
Dividends
150 239
179 819
-
-
withholding
22 537
26 973
-
-
total
22 537
26 973
-
-
Income
243 000
243 000
243 000
243 000
Total tax
93 273
90 154
134 932
128 938
After tax
149 727
152 846
108 068
114 062
Living cost
22 025
22 025
22 025
22 025
Free-cash
127 702
130 821
86 043
92 037

Estimated living cost  is ₽22025 per week

₽13297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1915
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6303
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101310
₽83075
₽99136
₽91340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
social contributions
-
-
-
49 078
national
-
-
-
70 678
regional
-
-
-
3 937
municipal
-
-
-
1 552
total
-
-
-
125 245
Employee
54 394
-
243 000
-
regional
732
-
3 626
-
national
8 618
-
64 113
-
municipal
288
-
1 429
-
social contributions
18 342
-
64 342
-
total
27 980
-
133 510
-
Employer
54 394
-
243 000
-
total
-
-
-
-
Corporate
188 606
243 000
-
-
nationa
45 265
58 320
-
-
municipal
9 373
12 077
-
-
total
54 638
70 397
-
-
Dividends
133 968
172 603
-
-
withholding
34 831
44 878
-
-
total
34 831
44 878
-
-
Income
243 000
243 000
243 000
243 000
Total tax
117 449
115 275
133 510
125 245
After tax
125 551
127 725
109 490
117 755
Living cost
26 415
26 415
26 415
26 415
Free-cash
99 136
101 310
83 075
91 340

Estimated living cost  is ₽26415 per week

₽16427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137511
₽104481
₽126881
₽115360
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
32 805
social contributions
-
-
-
34 792
income
-
-
-
26 310
solidarity contribution
-
-
-
3 938
total
-
-
-
97 845
Employee
43 815
-
195 607
-
income
5 258
-
24 218
-
solidarity contribution
-
-
2 961
-
social contributions
2 848
-
7 745
-
health
5 915
-
26 407
-
total
14 021
-
61 331
-
Employer
43 815
-
195 607
-
social contributions
10 954
-
29 788
-
health
3 943
-
17 605
-
total
14 897
-
47 393
-
Corporate
184 287
243 000
-
-
income
35 015
46 170
-
-
total
35 015
46 170
-
-
Dividends
149 273
196 830
-
-
withholding
22 391
29 524
-
-
total
22 391
29 524
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 324
75 694
108 724
97 845
After tax
156 676
167 306
134 276
145 155
Living cost
29 795
29 795
29 795
29 795
Free-cash
126 881
137 511
104 481
115 360

Estimated living cost  is ₽29795 per week

₽22157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102603
₽31928
₽102116
₽93032
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
8 763
chamber of commerce
-
-
-
971
income
-
-
-
81 743
pensions
-
-
-
21 193
unemployment
-
-
-
6 014
surtax
-
-
-
-
total
-
-
-
118 684
Employee
42 864
39 077
203 535
-
unemployment
1 286
1 172
3 437
-
income
3 818
2 882
69 623
-
pensions
4 390
4 001
11 731
-
health
1 658
1 513
4 432
-
other
428
391
1 146
-
total
11 580
9 959
90 369
-
Employer
42 864
39 077
203 535
-
chamber of commerce
171
156
815
-
surtax
-
-
-
-
payroll
1 286
1 172
6 105
-
unemployment
1 286
1 172
3 437
-
pensions
5 380
4 905
14 377
-
accident
556
508
1 489
-
other
2 036
1 855
8 912
-
health
1 621
1 477
4 330
-
total
12 336
11 245
39 465
-
Corporate
187 801
192 676
199 814
-
income

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

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

46 951
48 169
49 954
-
total
46 951
48 169
49 954
-
Dividends
140 850
144 506
-
-
withholding
38 733
39 740
-
-
total
38 733
39 740
-
-
Income
243 000
243 000
243 000
243 000
Total tax
109 600
109 113
179 788
118 684
After tax
133 400
133 887
63 212
124 316
Living cost
31 284
31 284
31 284
31 284
Free-cash
102 116
102 603
31 928
93 032

Estimated living cost  is ₽31284 per week

₽18766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽218261
₽181811
₽215901
₽227981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
243 000
microenterprise

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

-
-
-
2 430
total
-
-
-
2 430
Employee
15 736
-
243 000
-
income
3 147
-
48 600
-
total
3 147
-
48 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

227 264
243 000
-
-
total
-
-
-
-
Dividends
227 264
243 000
-
-
withholding
11 363
12 150
-
-
total
11 363
12 150
-
-
Income
243 000
243 000
243 000
243 000
Total tax
14 510
12 150
48 600
2 430
After tax
228 490
230 850
194 400
240 570
Living cost
12 589
12 589
12 589
12 589
Free-cash
215 901
218 261
181 811
227 981

Estimated living cost  is ₽12589 per week

₽8519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141006
₽78875
₽132803
₽84151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 000
health
-
-
-
23 912
income
-
-
-
63 894
pensions
-
-
-
44 377
unemployment
-
-
-
365
total
-
-
-
132 548
Employee

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

43 361
-
210 262
-
unemployment
61
-
294
-
income
7 478
-
58 619
-
pensions
6 721
-
32 591
-
health
2 801
-
13 582
-
total
17 061
-
105 086
-
Employer

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

43 361
-
210 262
-
unemployment
26
-
127
-
pensions
3 837
-
18 608
-
health
2 888
-
14 003
-
total
6 751
-
32 738
-
Corporate
192 887
243 000
-
-
income
36 649
46 169
-
-
total
36 649
46 169
-
-
Dividends
156 238
196 831
-
-
withholding
23 435
29 524
-
-
total
23 435
29 524
-
-
Income
243 000
243 000
243 000
243 000
Total tax
83 896
75 693
137 824
132 548
After tax
159 104
167 307
105 176
110 452
Living cost
26 301
26 301
26 301
26 301
Free-cash
132 803
141 006
78 875
84 151

Estimated living cost  is ₽26301 per week

₽18050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102728
₽184133
₽52997
₽122819
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
social contributions
-
-
-
27 702
income
-
-
-
47 366
total
-
-
-
75 068
Employee
64 685
-
-
-
income
14 268
-
-
-
social contributions
5 304
-
756
-
total
19 572
-
756
-
Employer
64 685
-
-
-
social contributions
91 206
-
12 998
-
total
91 206
-
12 998
-
Corporate
87 109
243 000
-
-
income
19 164
53 460
-
-
total
19 164
53 460
-
-
Dividends
67 945
189 540
-
-
income
14 948
41 699
-
-
total
14 948
41 699
-
-
Income
243 000
243 000
243 000
243 000
Total tax
144 890
95 159
13 754
75 068
After tax
98 110
147 841
229 246
167 932
Living cost
45 113
45 113
45 113
45 113
Free-cash
52 997
102 728
184 133
122 819

Estimated living cost  is ₽45113 per week

₽29271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11024
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107460
₽75056
₽106472
₽94871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 000
social contributions

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

-
-
-
84 443
income
-
-
-
32 928
surtax
-
-
-
-
total
-
-
-
117 371
Employee
45 099
-
196 364
-
surtax
-
-
648
-
income
9 381
-
68 301
-
social contributions
4 961
-
21 601
-
total
14 342
-
90 550
-
Employer
45 099
-
196 364
-
social contributions
10 711
-
46 636
-
total
10 711
-
46 636
-
Corporate
187 190
243 000
-
-
surtax
-
-
-
-
income
39 310
51 030
-
-
total
39 310
51 030
-
-
Dividends
147 880
191 970
-
-
withholding
41 407
53 752
-
-
total
41 407
53 752
-
-
Income
243 000
243 000
243 000
243 000
Total tax
105 770
104 782
137 186
117 371
After tax
137 230
138 218
105 814
125 629
Living cost
30 758
30 758
30 758
30 758
Free-cash
106 472
107 460
75 056
94 871

Estimated living cost  is ₽30758 per week

₽23013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1814
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75112
₽75129
₽81852
₽83669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
12 469
social contributions
-
-
-
6 924
income
-
-
-
48 411
pensions
-
-
-
36 633
other
-
-
-
7 533
surtax
-
-
-
-
total
-
-
-
111 970
Employee
61 415
-
184 371
-
surtax
-
-
-
-
income
5 359
-
42 277
-
social contributions
1 749
-
5 253
-
pensions
6 946
-
14 351
-
total
14 054
-
61 881
-
Employer
61 415
-
184 371
-
unemployment
2 488
-
7 468
-
pensions
10 091
-
23 890
-
social contributions
184
-
553
-
other
2 119
-
7 846
-
health
4 299
-
18 872
-
total
19 181
-
58 629
-
Corporate
162 403
243 000
-
-
surtax
-
-
-
-
income
45 473
68 039
-
-
total
45 473
68 039
-
-
Dividends
116 930
174 961
-
-
withholding
14 967
22 395
-
-
surtax
-
-
-
-
social contributions
20 112
30 093
-
-
total
35 079
52 488
-
-
Income
243 000
243 000
243 000
243 000
Total tax
113 787
120 527
120 510
111 970
After tax
129 213
122 473
122 490
131 030
Living cost
47 361
47 361
47 361
47 361
Free-cash
81 852
75 112
75 129
83 669

Estimated living cost  is ₽47361 per week

₽32053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽649
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽189223
₽153524
₽185929
₽147064
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
13 000
social contributions
-
-
-
53 460
total
-
-
-
66 460
Employee
31 525
-
210 391
-
social contributions
2 049
-
13 675
-
income
-
-
13 716
-
total
2 049
-
27 391
-
Employer
31 525
-
210 391
-
social contributions
4 887
-
32 609
-
total
4 887
-
32 609
-
Corporate
206 589
243 000
-
-
income
20 659
24 301
-
-
total
20 659
24 301
-
-
Dividends
185 930
218 699
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
27 595
24 301
60 000
66 460
After tax
215 405
218 699
183 000
176 540
Living cost
29 476
29 476
29 476
29 476
Free-cash
185 929
189 223
153 524
147 064

Estimated living cost  is ₽29476 per week

₽19059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29657
₽29657
₽15434
₽92084
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
labour market
-
-
-
19 372
national
-
-
-
30 825
pensions
-
-
-
849
municipal
-
-
-
52 712
total
-
-
-
103 758
Employee
199 041
199 041
199 041
-
national
24 316
24 316
24 316
-
labour market
15 901
15 901
15 901
-
municipal
42 385
42 385
42 385
-
pensions
283
283
283
-
total
82 885
82 885
82 885
-
Employer
199 041
199 041
199 041
-
national
24 359
24 359
24 359
-
pensions
566
566
566
-
labour market
15 923
15 923
15 923
-
municipal
42 452
42 452
42 452
-
total
83 300
83 300
83 300
-
Corporate
29 658
-
-
-
income
6 525
-
-
-
total
6 525
-
-
-
Dividends
23 133
-
-
-
withholding
7 698
-
-
-
total
7 698
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
180 408
166 185
166 185
103 758
After tax
62 592
76 815
76 815
139 242
Living cost
47 158
47 158
47 158
47 158
Free-cash
15 434
29 657
29 657
92 084

Estimated living cost  is ₽47158 per week

₽32275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽725
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1712
₽113027
₽16401
₽144471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
2 153
income
-
-
-
70 259
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
77 134
Employee
33 656
-
222 940
-
income
4 617
-
55 461
-
pensions
3 790
-
7 531
-
health
3 854
-
25 526
-
total
12 261
-
88 518
-
Employer
33 656
-
222 940
-
unemployment
825
-
5 462
-
pensions
5 472
-
10 875
-
accident
562
-
3 723
-
total
6 859
-
20 060
-
Corporate
202 485
243 000
-
-
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.

182 237
218 700
-
-
total
182 237
218 700
-
-
Dividends
20 248
24 300
-
-
withholding
3 847
4 617
-
-
total
3 847
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
205 204
223 317
108 578
77 134
After tax
37 796
19 683
134 422
165 866
Living cost
21 395
21 395
21 395
21 395
Free-cash
16 401
-1 712
113 027
144 471

Estimated living cost  is ₽21395 per week

₽15573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109839
₽81040
₽113286
₽108875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
243 000
health
-
-
-
3 333
national
-
-
-
50 005
municipal
-
-
-
43 140
total
-
-
-
96 478
Employee
51 590
-
204 425
-
national
852
-
32 866
-
unemployment
774
-
3 067
-
municipal
8 450
-
33 268
-
pensions
3 482
-
13 798
-
health
385
-
2 739
-
total
13 943
-
85 738
-
Employer
51 590
-
204 425
-
unemployment
335
-
1 329
-
pensions
8 951
-
35 467
-
accident
52
-
205
-
health
396
-
1 574
-
total
9 734
-
38 575
-
Corporate
181 676
243 000
-
-
income
36 335
48 599
-
-
total
36 335
48 599
-
-
Dividends

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

109 006
145 801
-
-
municipal
19 621
26 243
-
-
national
12 434
20 672
-
-
total
32 055
46 915
-
-
Income
243 000
243 000
243 000
243 000
Total tax
92 067
95 514
124 313
96 478
After tax
150 933
147 486
118 687
146 522
Living cost
37 647
37 647
37 647
37 647
Free-cash
113 286
109 839
81 040
108 875

Estimated living cost  is ₽37647 per week

₽24591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154337
₽137922
₽149002
₽139868
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
6 197
social contributions
-
-
-
15 865
income
-
-
-
58 367
total
-
-
-
80 429
Employee
75 402
75 402
230 298
-
income
8 210
6 980
57 317
-
social contributions
2 851
6 258
8 441
-
health
584
1 282
3 915
-
total
11 645
14 520
69 673
-
Employer
75 402
75 402
230 298
-
social contributions
2 851
6 258
8 441
-
health
635
1 396
4 261
-
total
3 486
7 654
12 702
-
Corporate
205 166
159 945
-
-
income
25 646
19 993
-
-
total
25 646
19 993
-
-
Dividends
179 521
139 952
-
-
withholding
30 518
23 793
-
-
total
30 518
23 793
-
-
Income
243 000
243 000
243 000
243 000
Total tax
71 295
65 960
82 375
80 429
After tax
171 705
177 040
160 625
162 571
Living cost
22 703
22 703
22 703
22 703
Free-cash
149 002
154 337
137 922
139 868

Estimated living cost  is ₽22703 per week

₽13606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽185659
₽172645
₽180671
₽192312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243 000
health
-
-
-
3 549
income
-
-
-
25 304
pensions
-
-
-
6 238
unemployment
-
-
-
28
total
-
-
-
35 119
Employee

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

22 508
-
233 417
-
unemployment
112
-
465
-
income
1 539
-
22 873
-
pensions
3 376
-
13 956
-
health
1 913
-
7 909
-
total
6 940
-
45 203
-
Employer

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

22 508
-
233 417
-
unemployment
112
-
465
-
pensions
1 237
-
5 117
-
health
968
-
4 001
-
total
2 317
-
9 583
-
Corporate
218 176
243 000
-
-
income
19 635
21 870
-
-
total
19 635
21 870
-
-
Dividends
198 540
221 130
-
-
withholding
17 868
19 902
-
-
total
17 868
19 902
-
-
Income
243 000
243 000
243 000
243 000
Total tax
46 760
41 772
54 786
35 119
After tax
196 240
201 228
188 214
207 881
Living cost
15 569
15 569
15 569
15 569
Free-cash
180 671
185 659
172 645
192 312

Estimated living cost  is ₽15569 per week

₽9933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1122
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134162
₽104505
₽129832
₽108620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
80 149
pensions
-
-
-
25 720
unemployment
-
-
-
636
other
-
-
-
91
accident
-
-
-
819
total
-
-
-
107 415
Employee
36 258
-
214 025
-
unemployment
562
-
1 409
-
income
6 990
-
76 783
-
pensions
1 705
-
4 272
-
other
35
-
91
-
total
9 292
-
82 555
-
Employer
36 258
-
214 025
-
unemployment
1 995
-
4 998
-
pensions
8 556
-
21 450
-
accident
718
-
1 799
-
other
290
-
728
-
total
11 559
-
28 975
-
Corporate
195 183
243 000
-
-
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.

29 278
36 450
-
-
total
29 278
36 450
-
-
Dividends
165 904
206 550
-
-
withholding
36 074
45 423
-
-
total
36 074
45 423
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 203
81 873
111 530
107 415
After tax
156 797
161 127
131 470
135 585
Living cost
26 965
26 965
26 965
26 965
Free-cash
129 832
134 162
104 505
108 620

Estimated living cost  is ₽26965 per week

₽18201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149809
₽154928
₽149509
₽155056
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
964
income
-
-
-
83 827
pensions
-
-
-
1 330
total
-
-
-
86 121
Employee
2 776
-
241 504
-
unemployment
28
-
66
-
income
537
-
83 757
-
pensions
250
-
598
-
health
139
-
332
-
total
954
-
84 753
-
Employer
2 776
-
241 504
-
unemployment
56
-
133
-
pensions
305
-
731
-
health
264
-
632
-
total
625
-
1 496
-
Corporate
239 599
243 000
-
-
income
52 712
53 460
-
-
total
52 712
53 460
-
-
Dividends
186 887
189 540
-
-
withholding
37 377
37 908
-
-
total
37 377
37 908
-
-
Income
243 000
243 000
243 000
243 000
Total tax
91 668
91 368
86 249
86 121
After tax
151 332
151 632
156 751
156 879
Living cost
1 823
1 823
1 823
1 823
Free-cash
149 509
149 809
154 928
155 056

Estimated living cost  is ₽1823 per week

₽1083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158646
₽142084
₽153833
₽142082
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 000
health
-
-
-
7 448
income
-
-
-
56 663
pensions
-
-
-
18 801
unemployment
-
-
-
1 085
total
-
-
-
83 997
Employee

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

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

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

25 516
-
230 057
-
unemployment
191
-
542
-
income
3 517
-
56 663
-
pensions
3 572
-
10 123
-
health
1 314
-
3 724
-
total
8 594
-
71 052
-
Employer

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

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

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

25 516
-
230 057
-
unemployment
191
-
542
-
pensions
3 062
-
8 677
-
health
1 314
-
3 724
-
total
4 567
-
12 943
-
Corporate
212 917
243 000
-
-
income
31 938
36 450
-
-
total
31 938
36 450
-
-
Dividends
180 979
206 550
-
-
withholding
27 147
30 983
-
-
total
27 147
30 983
-
-
Income
243 000
243 000
243 000
243 000
Total tax
72 246
67 433
83 995
83 997
After tax
170 754
175 567
159 005
159 003
Living cost
16 921
16 921
16 921
16 921
Free-cash
153 833
158 646
142 084
142 082

Estimated living cost  is ₽16921 per week

₽11393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111782
₽79378
₽111431
₽99193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 000
social contributions

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

-
-
-
84 443
income
-
-
-
32 928
surtax
-
-
-
-
total
-
-
-
117 371
Employee
38 058
-
196 364
-
surtax
-
-
648
-
income
7 436
-
68 301
-
social contributions
4 187
-
21 601
-
total
11 623
-
90 550
-
Employer
38 058
-
196 364
-
social contributions
9 038
-
46 636
-
total
9 038
-
46 636
-
Corporate
195 904
243 000
-
-
surtax
-
-
-
-
income
41 139
51 030
-
-
total
41 139
51 030
-
-
Dividends
154 764
191 970
-
-
withholding
43 333
53 752
-
-
total
43 333
53 752
-
-
Income
243 000
243 000
243 000
243 000
Total tax
105 133
104 782
137 186
117 371
After tax
137 867
138 218
105 814
125 629
Living cost
26 436
26 436
26 436
26 436
Free-cash
111 431
111 782
79 378
99 193

Estimated living cost  is ₽26436 per week

₽18724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126665
₽97008
₽120249
₽101123
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
80 149
pensions
-
-
-
25 720
unemployment
-
-
-
636
other
-
-
-
91
accident
-
-
-
819
total
-
-
-
107 415
Employee
47 357
-
214 025
-
unemployment
733
-
1 409
-
income
9 891
-
76 783
-
pensions
2 226
-
4 272
-
other
47
-
91
-
total
12 897
-
82 555
-
Employer
47 357
-
214 025
-
unemployment
2 605
-
4 998
-
pensions
11 176
-
21 450
-
accident
938
-
1 799
-
other
380
-
728
-
total
15 099
-
28 975
-
Corporate
180 544
243 000
-
-
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.

27 081
36 450
-
-
total
27 081
36 450
-
-
Dividends
153 463
206 550
-
-
withholding
33 212
45 423
-
-
total
33 212
45 423
-
-
Income
243 000
243 000
243 000
243 000
Total tax
88 289
81 873
111 530
107 415
After tax
154 711
161 127
131 470
135 585
Living cost
34 462
34 462
34 462
34 462
Free-cash
120 249
126 665
97 008
101 123

Estimated living cost  is ₽34462 per week

₽24749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽191045
₽191069
₽185122
₽180765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
3 904
income
-
-
-
36 450
pensions

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

-
-
-
5 025
unemployment
-
-
-
136
total
-
-
-
45 515
Employee
22 140
-
236 339
-
income
2 214
-
23 634
-
accident

We are using the highest rate at 1.1%.

243
-
373
-
pensions

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

1 944
-
2 981
-
health
1 019
-
1 562
-
total
5 420
-
28 550
-
Employer
22 140
-
236 339
-
unemployment
133
-
204
-
pensions

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

2 440
-
3 741
-
accident

We are using the highest rate at 1.1%.

243
-
373
-
health
1 528
-
2 343
-
total
4 344
-
6 661
-
Corporate
216 516
243 000
-
-
income
21 651
24 300
-
-
total
21 651
24 300
-
-
Dividends
194 865
218 700
-
-
withholding
9 743
10 935
-
-
total
9 743
10 935
-
-
Income
243 000
243 000
243 000
243 000
Total tax
41 158
35 235
35 211
45 515
After tax
201 842
207 765
207 789
197 485
Living cost
16 720
16 720
16 720
16 720
Free-cash
185 122
191 045
191 069
180 765

Estimated living cost  is ₽16720 per week

₽11059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87088
₽110978
₽99914
₽82651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 000
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.

-
-
-
6 699
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.

-
-
-
82 907
trade
-
-
-
28 327
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.

-
-
-
4 559
total
-
-
-
122 492
Employee

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

48 790
-
243 000
-
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.

221
-
4 559
-
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.

4 012
-
82 907
-
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.

6 699
-
6 699
-
total
10 932
-
94 165
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 210
243 000
-
-
trade
27 870
34 870
-
-
chamber of commerce
434
504
-
-
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.

1 602
2 004
-
-
income
29 131
36 450
-
-
total
59 037
73 828
-
-
Dividends
135 173
169 172
-
-
withholding
33 421
41 921
-
-
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.

1 839
2 306
-
-
total
35 260
44 227
-
-
Income
243 000
243 000
243 000
243 000
Total tax
105 229
118 055
94 165
122 492
After tax
137 771
124 945
148 835
120 508
Living cost
37 857
37 857
37 857
37 857
Free-cash
99 914
87 088
110 978
82 651

Estimated living cost  is ₽37857 per week

₽26115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114242
₽63981
₽116407
₽63981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
80 993
social contributions
-
-
-
42 168
total
-
-
-
123 161
Employee
76 703
-
243 000
-
social contributions
6 372
-
42 168
-
income
14 474
-
80 993
-
total
20 846
-
123 161
-
Employer
76 703
-
243 000
-
total
-
-
-
-
Corporate
166 297
243 000
-
-
income
20 787
30 374
-
-
total
20 787
30 374
-
-
Dividends
145 510
212 626
-
-
withholding
29 102
42 526
-
-
total
29 102
42 526
-
-
Income
243 000
243 000
243 000
243 000
Total tax
70 735
72 900
123 161
123 161
After tax
172 265
170 100
119 839
119 839
Living cost
55 858
55 858
55 858
55 858
Free-cash
116 407
114 242
63 981
63 981

Estimated living cost  is ₽55858 per week

₽42496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117175
₽132893
₽120600
₽164891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 000
health

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

-
-
-
6 064
income
-
-
-
36 450
total
-
-
-
42 514
Employee
44 983
-
238 489
-
social contributions
4 507
-
4 511
-
income
4 881
-
65 490
-
total
9 388
-
70 001
-
Employer
44 983
-
238 489
-
social contributions
4 507
-
4 511
-
total
4 507
-
4 511
-
Corporate
193 510
243 000
-
-
income
67 729
85 049
-
-
total
67 729
85 049
-
-
Dividends
125 781
157 951
-
-
social contributions
5 181
5 181
-
-
total
5 181
5 181
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 805
90 230
74 512
42 514
After tax
156 195
152 770
168 488
200 486
Living cost
35 595
35 595
35 595
35 595
Free-cash
120 600
117 175
132 893
164 891

Estimated living cost  is ₽35595 per week

₽23446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115097
₽97878
₽120890
₽119481
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
76 947
pensions
-
-
-
10 218
total
-
-
-
87 165
Employee
49 901
-
211 621
-
income
9 087
-
62 544
-
pensions
3 809
-
12 051
-
health
651
-
2 794
-
total
13 547
-
77 389
-
Employer
49 901
-
211 621
-
pensions
5 042
-
27 359
-
health
948
-
4 020
-
total
5 990
-
31 379
-
Corporate
187 109
243 000
-
-
income

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

35 552
46 169
-
-
total
35 552
46 169
-
-
Dividends
151 558
196 831
-
-
withholding
30 667
45 380
-
-
total
30 667
45 380
-
-
Income
243 000
243 000
243 000
243 000
Total tax
85 756
91 549
108 768
87 165
After tax
157 244
151 451
134 232
155 835
Living cost
36 354
36 354
36 354
36 354
Free-cash
120 890
115 097
97 878
119 481

Estimated living cost  is ₽36354 per week

₽24938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3830
₽110909
₽16076
₽142353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
health
-
-
-
2 153
income
-
-
-
70 259
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
77 134
Employee
36 987
-
222 940
-
income
5 074
-
55 461
-
pensions
4 165
-
7 531
-
health
4 235
-
25 526
-
total
13 474
-
88 518
-
Employer
36 987
-
222 940
-
unemployment
906
-
5 462
-
pensions
6 014
-
10 875
-
accident
618
-
3 723
-
total
7 538
-
20 060
-
Corporate
198 475
243 000
-
-
income

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

178 628
218 700
-
-
total
178 628
218 700
-
-
Dividends
19 847
24 300
-
-
withholding
3 771
4 617
-
-
total
3 771
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
203 411
223 317
108 578
77 134
After tax
39 589
19 683
134 422
165 866
Living cost
23 513
23 513
23 513
23 513
Free-cash
16 076
-3 830
110 909
142 353

Estimated living cost  is ₽23513 per week

₽17256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172663
₽167097
₽169699
₽145557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
243 000
work injury
-
-
-
783
income
-
-
-
41 130
health insurance
-
-
-
11 593
pensions
-
-
-
28 825
unemployment
-
-
-
1 880
total
-
-
-
84 211
Employee

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

21 171
-
243 000
-
unemployment
254
-
940
-
work injury
106
-
392
-
income
2 117
-
41 130
-
health insurance
1 567
-
5 796
-
pensions
3 895
-
14 413
-
total
7 939
-
62 671
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
221 829
243 000
-
-
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%.

22 183
24 300
-
-
total
22 183
24 300
-
-
Dividends
199 646
218 700
-
-
withholding
29 947
32 805
-
-
total
29 947
32 805
-
-
Income
243 000
243 000
243 000
243 000
Total tax
60 069
57 105
62 671
84 211
After tax
182 931
185 895
180 329
158 789
Living cost
13 232
13 232
13 232
13 232
Free-cash
169 699
172 663
167 097
145 557

Estimated living cost  is ₽13232 per week

₽8197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽962
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88933
₽68250
₽84472
₽76304
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
social contributions
-
-
-
49 078
national
-
-
-
70 678
regional
-
-
-
6 131
municipal
-
-
-
1 745
total
-
-
-
127 632
Employee
82 630
-
243 000
-
regional
1 248
-
5 623
-
national
13 964
-
64 113
-
municipal
493
-
1 608
-
social contributions
27 862
-
64 342
-
total
43 567
-
135 686
-
Employer
82 630
-
243 000
-
total
-
-
-
-
Corporate
160 370
243 000
-
-
nationa
38 489
58 320
-
-
municipal
7 730
11 712
-
-
total
46 219
70 032
-
-
Dividends
114 151
172 968
-
-
withholding
29 678
44 971
-
-
total
29 678
44 971
-
-
Income
243 000
243 000
243 000
243 000
Total tax
119 464
115 003
135 686
127 632
After tax
123 536
127 997
107 314
115 368
Living cost
39 064
39 064
39 064
39 064
Free-cash
84 472
88 933
68 250
76 304

Estimated living cost  is ₽39064 per week

₽27440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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