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
₽92629
₽103517
₽88006
₽119071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
31 065
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.

-
-
-
82 831
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.

-
-
-
6 725
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.

-
-
-
4 556
total
-
-
-
125 177
Employee

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

37 652
-
243 000
-
income

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

1 052
-
82 831
-
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
-
4 556
-
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.

6 725
-
6 725
-
total
7 835
-
94 112
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
205 348
243 000
-
-
income
30 803
36 450
-
-
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.

1 694
2 004
-
-
trade
32 342
38 272
-
-
chamber of commerce
445
499
-
-
total
65 284
77 225
-
-
Dividends
140 064
165 775
-
-
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.

1 905
2 259
-
-
withholding
34 642
41 070
-
-
total
36 547
43 329
-
-
Income
243 000
243 000
243 000
243 000
Total tax
109 666
120 554
94 112
125 177
After tax
133 334
122 446
148 888
117 823
Living cost
29 817
29 817
29 817
29 817
Free-cash
103 517
92 629
119 071
88 006

Estimated living cost  is ₽29817 per week

₽18756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98227
₽97338
₽84588
₽85892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
27 027
national
-
-
-
46 208
pensions
-
-
-
29 160
social contributions
-
-
-
2 612
total
-
-
-
105 007
Employee
82 788
-
210 071
-
national
15 846
-
48 268
-
pensions
3 312
-
8 403
-
municipal
10 226
-
27 968
-
total
29 384
-
84 639
-
Employer
82 788
-
210 071
-
social contributions
890
-
2 258
-
pensions
6 623
-
16 806
-
total
7 513
-
19 064
-
Corporate
147 235
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%.

29 447
48 600
-
-
total
29 447
48 600
-
-
Dividends
117 788
194 400
-
-
withholding
25 913
42 768
-
-
total
25 913
42 768
-
-
Income
243 000
243 000
243 000
243 000
Total tax
92 257
91 368
103 703
105 007
After tax
150 743
151 632
139 297
137 993
Living cost
53 405
53 405
53 405
53 405
Free-cash
97 338
98 227
85 892
84 588

Estimated living cost  is ₽53405 per week

₽36299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173920
₽165845
₽69355
₽86305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
income
-
-
-
53 483
surtax
-
-
-
61 965
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.

-
-
-
37 717
total
-
-
-
153 165
Employee
28 765
-
193 458
-
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.

3 165
-
12 905
-
income
5 120
-
45 718
-
surtax
-
-
28 051
-
total
8 285
-
86 674
-
Employer
28 765
-
193 458
-
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.

6 929
-
28 262
-
surtax
-
-
21 279
-
total
6 929
-
49 541
-
Corporate
207 306
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%.

41 461
48 600
-
-
total
41 461
48 600
-
-
Dividends

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

165 846
194 400
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
56 675
48 600
136 215
153 165
After tax
186 325
194 400
106 785
89 835
Living cost
20 480
20 480
20 480
20 480
Free-cash
165 845
173 920
86 305
69 355

Estimated living cost  is ₽20480 per week

₽13065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80107
₽74076
₽88075
₽114134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90 014
health
-
-
-
12 139
pensions
-
-
-
11 534
total
-
-
-
113 687
Employee
84 064
84 064
224 706
-
pensions
15 132
11 534
11 534
-
income

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

13 760
13 760
45 661
-
health
12 903
10 975
12 139
-
total
41 795
36 269
69 334
-
Employer
84 064
84 064
224 706
-
health
5 843
5 843
7 261
-
pensions
5 851
5 851
7 273
-
unemployment
3 026
3 026
3 760
-
total
14 720
14 720
18 294
-
Corporate
145 246
144 215
-
-
income
29 049
28 843
-
-
total
29 049
28 843
-
-
Dividends
116 197
115 372
-
-
income
24 693
24 517
-
-
withholding
17 429
17 306
-
-
total
42 122
41 823
-
-
Income
243 000
243 000
243 000
243 000
Total tax
127 686
121 655
87 628
113 687
After tax
115 314
121 345
155 372
129 313
Living cost
41 238
41 238
41 238
41 238
Free-cash
74 076
80 107
114 134
88 075

Estimated living cost  is ₽41238 per week

₽29225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽93424
₽92543
₽81225
₽80272
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
65 030
national
-
-
-
32 568
unemployment
-
-
-
86
accident
-
-
-
172
health
-
-
-
5 368
pensions
-
-
-
9 300
other
-
-
-
9 997
total
-
-
-
122 521
Employee
55 934
-
215 969
-
national
-
-
32 041
-
municipal
16 679
-
64 402
-
total
16 679
-
96 443
-
Employer
55 934
-
215 969
-
health
3 440
-
5 291
-
pensions
6 046
-
9 300
-
accident
112
-
172
-
other
6 500
-
9 997
-
unemployment
1 477
-
2 271
-
total
17 575
-
27 031
-
Corporate
169 492
243 000
-
-
income
37 288
53 460
-
-
total
37 288
53 460
-
-
Dividends
132 204
189 540
-
-
withholding
39 661
56 862
-
-
total
39 661
56 862
-
-
Income
243 000
243 000
243 000
243 000
Total tax
111 203
110 322
123 474
122 521
After tax
131 797
132 678
119 526
120 479
Living cost
39 254
39 254
39 254
39 254
Free-cash
92 543
93 424
80 272
81 225

Estimated living cost  is ₽39254 per week

₽26016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82525
₽96359
₽77771
₽110216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
32 445
income

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

-
-
-
82 831
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.

-
-
-
6 725
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.

-
-
-
4 556
total
-
-
-
126 557
Employee

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

49 921
-
243 000
-
income

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

4 289
-
82 831
-
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.

235
-
4 556
-
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.

6 725
-
6 725
-
total
11 249
-
94 112
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
193 079
243 000
-
-
income
28 961
36 450
-
-
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.

1 593
2 004
-
-
trade
31 761
39 974
-
-
chamber of commerce
424
495
-
-
total
62 739
78 923
-
-
Dividends
130 339
164 077
-
-
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.

1 771
2 236
-
-
withholding
32 210
40 644
-
-
total
33 981
42 880
-
-
Income
243 000
243 000
243 000
243 000
Total tax
107 969
121 803
94 112
126 557
After tax
135 031
121 197
148 888
116 443
Living cost
38 672
38 672
38 672
38 672
Free-cash
96 359
82 525
110 216
77 771

Estimated living cost  is ₽38672 per week

₽25864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽145115
₽141033
₽130676
₽128728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 272
health
-
-
-
6 196
social contributions
-
-
-
15 927
total
-
-
-
80 395
Employee
75 696
75 696
230 267
-
social contributions
3 678
6 282
8 474
-
income
7 949
7 007
57 222
-
health
753
1 287
3 914
-
total
12 380
14 576
69 610
-
Employer
75 696
75 696
230 267
-
social contributions
3 678
6 282
8 474
-
health
820
1 401
4 259
-
total
4 498
7 683
12 733
-
Corporate
194 193
159 620
-
-
income
24 274
19 953
-
-
total
24 274
19 953
-
-
Dividends
169 918
139 667
-
-
withholding
28 886
23 744
-
-
total
28 886
23 744
-
-
Income
243 000
243 000
243 000
243 000
Total tax
70 038
65 956
82 343
80 395
After tax
172 962
177 044
160 657
162 605
Living cost
31 929
31 929
31 929
31 929
Free-cash
141 033
145 115
128 728
130 676

Estimated living cost  is ₽31929 per week

₽21827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117118
₽117519
₽149068
₽121599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
3 645
income
-
-
-
29 707
health
-
-
-
17 010
pensions
-
-
-
24 300
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.

27 817
11 071
203 347
-
pensions
2 782
1 107
20 335
-
unemployment
417
166
3 050
-
income
3 401
1 353
24 859
-
health
1 947
775
14 234
-
total
8 547
3 401
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.

27 817
11 071
203 347
-
pensions
5 424
2 159
39 653
-
total
5 424
2 159
39 653
-
Corporate
209 759
229 770
-
-
income
18 878
20 679
-
-
total
18 878
20 679
-
-
Dividends
190 880
209 091
-
-
social contributions
37 095
40 646
-
-
withholding
36 267
39 727
-
-
total
73 362
80 373
-
-
Income
243 000
243 000
243 000
243 000
Total tax
106 211
106 612
102 131
74 662
After tax
136 789
136 388
140 869
168 338
Living cost
19 270
19 270
19 270
19 270
Free-cash
117 519
117 118
121 599
149 068

Estimated living cost  is ₽19270 per week

₽13150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170623
₽164508
₽106470
₽116283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 563
health
-
-
-
31 590
pensions
-
-
-
48 600
total
-
-
-
112 753
Employee
27 926
-
181 614
-
pensions
559
-
3 632
-
unemployment
446
-
2 907
-
income
3 144
-
35 016
-
total
4 149
-
41 555
-
Employer
27 926
-
181 614
-
health
3 630
-
23 609
-
pensions
5 586
-
36 323
-
unemployment
224
-
1 453
-
total
9 440
-
61 385
-
Corporate
205 634
243 000
-
-
income
41 126
48 600
-
-
total
41 126
48 600
-
-
Dividends
164 508
194 400
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
54 715
48 600
102 940
112 753
After tax
188 285
194 400
140 060
130 247
Living cost
23 777
23 777
23 777
23 777
Free-cash
164 508
170 623
116 283
106 470

Estimated living cost  is ₽23777 per week

₽16308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1416
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.
₽5574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1800
₽16389
₽144376
₽113004
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
247
income
-
-
-
70 339
health
-
-
-
2 130
pensions
-
-
-
4 063
other
-
-
-
362
total
-
-
-
77 141
Employee
33 794
-
223 052
-
pensions
3 805
-
7 450
-
income
4 636
-
55 576
-
health
3 869
-
25 539
-
total
12 310
-
88 565
-
Employer
33 794
-
223 052
-
pensions
5 495
-
10 758
-
accident
564
-
3 725
-
unemployment
828
-
5 465
-
total
6 887
-
19 948
-
Corporate
202 319
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.

182 087
218 700
-
-
total
182 087
218 700
-
-
Dividends
20 232
24 300
-
-
withholding
3 844
4 617
-
-
total
3 844
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
205 128
223 317
108 513
77 141
After tax
37 872
19 683
134 487
165 859
Living cost
21 483
21 483
21 483
21 483
Free-cash
16 389
-1 800
113 004
144 376

Estimated living cost  is ₽21483 per week

₽15745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽222345
₽220750
₽232065
₽185895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 631
-
243 000
-
income
2 126
-
48 600
-
total
2 126
-
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%.

232 369
243 000
-
-
total
-
-
-
-
Dividends
232 369
243 000
-
-
withholding
11 619
12 150
-
-
total
11 619
12 150
-
-
Income
243 000
243 000
243 000
243 000
Total tax
13 745
12 150
48 600
2 430
After tax
229 255
230 850
194 400
240 570
Living cost
8 505
8 505
8 505
8 505
Free-cash
220 750
222 345
185 895
232 065

Estimated living cost  is ₽8505 per week

₽5271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽152302
₽145652
₽122967
₽121010
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 179
health
-
-
-
6 587
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.

-
-
-
35 927
other
-
-
-
7 110
total
-
-
-
93 803
Employee
35 743
-
204 837
-
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.

2 501
-
10 478
-
unemployment
357
-
1 496
-
income
6 154
-
43 527
-
health
501
-
2 096
-
total
9 513
-
57 597
-
Employer
35 743
-
204 837
-
health
501
-
2 096
-
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.

6 077
-
25 449
-
accident
286
-
1 638
-
other
1 788
-
7 484
-
unemployment
357
-
1 496
-
total
9 009
-
38 163
-
Corporate
198 249
243 000
-
-
income
41 632
51 031
-
-
total
41 632
51 031
-
-
Dividends
156 617
191 969
-
-
withholding
10 964
13 437
-
-
total
10 964
13 437
-
-
Income
243 000
243 000
243 000
243 000
Total tax
71 118
64 468
95 760
93 803
After tax
171 882
178 532
147 240
149 197
Living cost
26 230
26 230
26 230
26 230
Free-cash
145 652
152 302
121 010
122 967

Estimated living cost  is ₽26230 per week

₽18533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1771
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.
₽5503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85428
₽93408
₽89747
₽68131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 725
pensions
-
-
-
10 282
total
-
-
-
87 007
Employee
93 729
-
211 641
-
pensions
9 042
-
12 147
-
income
16 896
-
62 316
-
health
1 544
-
2 801
-
total
27 482
-
77 264
-
Employer
93 729
-
211 641
-
health
1 780
-
4 020
-
pensions
11 067
-
27 338
-
total
12 847
-
31 358
-
Corporate
136 424
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.

25 920
46 169
-
-
total
25 920
46 169
-
-
Dividends
110 504
196 831
-
-
withholding
17 097
45 156
-
-
total
17 097
45 156
-
-
Income
243 000
243 000
243 000
243 000
Total tax
83 346
91 325
108 622
87 007
After tax
159 654
151 675
134 378
155 993
Living cost
66 246
66 246
66 246
66 246
Free-cash
93 408
85 428
68 131
89 747

Estimated living cost  is ₽66246 per week

₽49640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽194768
₽190162
₽184307
₽194574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
income
-
-
-
36 450
health
-
-
-
3 982
pensions

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

-
-
-
5 125
total
-
-
-
45 696
Employee
17 210
-
236 206
-
pensions

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

1 511
-
3 040
-
income
1 721
-
23 621
-
health
792
-
1 593
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
total
4 213
-
28 635
-
Employer
17 210
-
236 206
-
health
1 188
-
2 389
-
pensions

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

1 897
-
3 816
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
unemployment
103
-
208
-
total
3 377
-
6 794
-
Corporate
222 413
243 000
-
-
income
22 242
24 300
-
-
total
22 242
24 300
-
-
Dividends
200 171
218 700
-
-
withholding
10 009
10 935
-
-
total
10 009
10 935
-
-
Income
243 000
243 000
243 000
243 000
Total tax
39 841
35 235
35 429
45 696
After tax
203 159
207 765
207 571
197 304
Living cost
12 997
12 997
12 997
12 997
Free-cash
190 162
194 768
194 574
184 307

Estimated living cost  is ₽12997 per week

₽7588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66758
₽69234
₽74726
₽100785
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
90 014
health
-
-
-
12 139
pensions
-
-
-
11 534
total
-
-
-
113 687
Employee
91 267
84 064
224 706
-
pensions
11 534
11 534
11 534
-
income

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

13 760
13 760
45 661
-
health
11 386
10 975
12 139
-
total
36 680
36 269
69 334
-
Employer
91 267
84 064
224 706
-
health
6 342
5 843
7 261
-
pensions
6 352
5 851
7 273
-
unemployment
3 286
3 026
3 760
-
total
15 980
14 720
18 294
-
Corporate
135 753
144 215
-
-
income
27 151
28 843
-
-
total
27 151
28 843
-
-
Dividends
108 602
115 372
-
-
income
23 078
24 517
-
-
withholding
16 290
17 306
-
-
total
39 368
41 823
-
-
Income
243 000
243 000
243 000
243 000
Total tax
119 179
121 655
87 628
113 687
After tax
123 821
121 345
155 372
129 313
Living cost
54 587
54 587
54 587
54 587
Free-cash
69 234
66 758
100 785
74 726

Estimated living cost  is ₽54587 per week

₽40267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽142813
₽134077
₽120419
₽109575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
3 798
income
-
-
-
26 243
health
-
-
-
32 805
social contributions
-
-
-
35 243
total
-
-
-
98 089
Employee
36 018
-
195 253
-
social contributions
2 341
-
7 845
-
income
4 322
-
24 157
-
solidarity contribution
-
-
2 825
-
health
4 862
-
26 359
-
total
11 525
-
61 186
-
Employer
36 018
-
195 253
-
social contributions
9 004
-
30 174
-
health
3 242
-
17 573
-
total
12 246
-
47 747
-
Corporate
194 736
243 000
-
-
income
37 000
46 170
-
-
total
37 000
46 170
-
-
Dividends
157 736
196 830
-
-
withholding
23 660
29 525
-
-
total
23 660
29 525
-
-
Income
243 000
243 000
243 000
243 000
Total tax
84 431
75 695
108 933
98 089
After tax
158 569
167 305
134 067
144 911
Living cost
24 492
24 492
24 492
24 492
Free-cash
134 077
142 813
109 575
120 419

Estimated living cost  is ₽24492 per week

₽17012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88111
₽82971
₽76923
₽68577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 551
national
-
-
-
70 545
regional
-
-
-
3 174
social contributions
-
-
-
49 269
total
-
-
-
124 539
Employee
87 488
-
243 000
-
national
15 160
-
63 956
-
social contributions
29 501
-
64 593
-
municipal
463
-
1 427
-
regional
826
-
2 909
-
total
45 950
-
132 885
-
Employer
87 488
-
243 000
-
total
-
-
-
-
Corporate
155 512
243 000
-
-
municipal
6 066
9 477
-
-
nationa
37 323
58 320
-
-
total
43 389
67 797
-
-
Dividends
112 124
175 203
-
-
withholding
29 152
45 554
-
-
total
29 152
45 554
-
-
Income
243 000
243 000
243 000
243 000
Total tax
118 491
113 351
132 885
124 539
After tax
124 509
129 649
110 115
118 461
Living cost
41 538
41 538
41 538
41 538
Free-cash
82 971
88 111
68 577
76 923

Estimated living cost  is ₽41538 per week

₽28956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131123
₽128062
₽92349
₽86331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
224
income
-
-
-
79 403
health
-
-
-
9 327
surtax
-
-
-
13 697
pensions
-
-
-
26 277
other
-
-
-
-
total
-
-
-
128 928
Employee
32 554
-
215 345
-
pensions
2 171
-
8 763
-
unemployment
2 266
-
9 144
-
income
5 457
-
73 515
-
other
-
-
-
-
surtax
106
-
12 520
-
health
831
-
3 349
-
total
10 831
-
107 291
-
Employer
32 554
-
215 345
-
health
1 481
-
5 978
-
pensions
4 340
-
17 513
-
other
-
-
-
-
unemployment
1 031
-
4 164
-
total
6 852
-
27 655
-
Corporate
203 594
243 000
-
-
income
52 934
63 181
-
-
total
52 934
63 181
-
-
Dividends
150 660
179 819
-
-
withholding
22 598
26 973
-
-
total
22 598
26 973
-
-
Income
243 000
243 000
243 000
243 000
Total tax
93 215
90 154
134 946
128 928
After tax
149 785
152 846
108 054
114 072
Living cost
21 723
21 723
21 723
21 723
Free-cash
128 062
131 123
86 331
92 349

Estimated living cost  is ₽21723 per week

₽13282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106417
₽112961
₽110735
₽89120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 725
pensions
-
-
-
10 282
total
-
-
-
87 007
Employee
62 815
-
211 641
-
pensions
5 332
-
12 147
-
income
11 313
-
62 316
-
health
912
-
2 801
-
total
17 557
-
77 264
-
Employer
62 815
-
211 641
-
health
1 193
-
4 020
-
pensions
6 800
-
27 338
-
total
7 993
-
31 358
-
Corporate
172 192
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.

32 716
46 169
-
-
total
32 716
46 169
-
-
Dividends
139 477
196 831
-
-
withholding
26 515
45 156
-
-
total
26 515
45 156
-
-
Income
243 000
243 000
243 000
243 000
Total tax
84 781
91 325
108 622
87 007
After tax
158 219
151 675
134 378
155 993
Living cost
45 258
45 258
45 258
45 258
Free-cash
112 961
106 417
89 120
110 735

Estimated living cost  is ₽45258 per week

₽33907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3392
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.
₽7485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34167
₽67094
₽114561
₽106696
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
2 561
national
-
-
-
7 073
regional
-
-
-
14 095
health
-
-
-
547
pensions
-
-
-
22 354
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.

-
-
-
4 860
total
-
-
-
51 490
Employee
90 050
-
219 126
-
national
426
-
5 812
-
city
966
-
2 376
-
pensions
7 565
-
16 589
-
unemployment
-
-
-
-
health
204
-
492
-
regional
2 949
-
12 623
-
total
12 110
-
37 892
-
Employer
90 050
-
219 126
-
health
204
-
492
-
pensions
7 565
-
16 589
-
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.

1 800
-
4 382
-
unemployment
-
-
-
-
total
9 569
-
21 463
-
Corporate
142 390
243 000
-
-
national
12 103
20 655
-
-
regional
30 115
51 395
-
-
total
42 218
72 050
-
-
Dividends
100 172
170 951
-
-
withholding
35 060
59 834
-
-
total
35 060
59 834
-
-
Income
243 000
243 000
243 000
243 000
Total tax
98 957
131 884
59 355
51 490
After tax
144 043
111 116
183 645
191 510
Living cost
76 949
76 949
76 949
76 949
Free-cash
67 094
34 167
106 696
114 561

Estimated living cost  is ₽76949 per week

₽50039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽945
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽74852
₽90813
₽69966
₽103792
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
33 826
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.

-
-
-
82 831
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.

-
-
-
6 725
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.

-
-
-
4 556
total
-
-
-
127 938
Employee

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

59 161
-
243 000
-
income

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

6 957
-
82 831
-
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.

383
-
4 556
-
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.

6 725
-
6 725
-
total
14 065
-
94 112
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
183 839
243 000
-
-
income
27 575
36 450
-
-
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.

1 517
2 004
-
-
trade
31 528
41 675
-
-
chamber of commerce
409
491
-
-
total
61 029
80 620
-
-
Dividends
122 810
162 379
-
-
surtax

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

1 668
2 212
-
-
withholding
30 329
40 220
-
-
total
31 997
42 432
-
-
Income
243 000
243 000
243 000
243 000
Total tax
107 091
123 052
94 112
127 938
After tax
135 909
119 948
148 888
115 062
Living cost
45 096
45 096
45 096
45 096
Free-cash
90 813
74 852
103 792
69 966

Estimated living cost  is ₽45096 per week

₽32936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88794
₽94606
₽97428
₽88939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 293
health
-
-
-
12 449
surtax
-
-
-
-
pensions
-
-
-
36 695
other
-
-
-
7 532
social contributions
-
-
-
6 923
total
-
-
-
111 892
Employee
42 131
-
184 411
-
pensions
4 764
-
14 340
-
social contributions
1 201
-
5 255
-
income
2 486
-
42 196
-
surtax
-
-
-
-
total
8 451
-
61 791
-
Employer
42 131
-
184 411
-
social contributions
127
-
553
-
health
2 950
-
18 858
-
pensions
6 921
-
23 871
-
other
1 453
-
7 839
-
unemployment
1 706
-
7 469
-
total
13 157
-
58 590
-
Corporate
187 712
243 000
-
-
income
52 559
68 040
-
-
surtax
-
-
-
-
total
52 559
68 040
-
-
Dividends
135 153
174 960
-
-
social contributions
23 247
30 091
-
-
surtax
-
-
-
-
withholding
17 300
22 395
-
-
total
40 547
52 486
-
-
Income
243 000
243 000
243 000
243 000
Total tax
114 714
120 526
120 381
111 892
After tax
128 286
122 474
122 619
131 108
Living cost
33 680
33 680
33 680
33 680
Free-cash
94 606
88 794
88 939
97 428

Estimated living cost  is ₽33680 per week

₽21237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92131
₽97599
₽100765
₽92276
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 293
health
-
-
-
12 449
surtax
-
-
-
-
pensions
-
-
-
36 695
other
-
-
-
7 532
social contributions
-
-
-
6 923
total
-
-
-
111 892
Employee
37 608
-
184 411
-
pensions
4 254
-
14 340
-
social contributions
1 072
-
5 255
-
income
1 939
-
42 196
-
surtax
-
-
-
-
total
7 265
-
61 791
-
Employer
37 608
-
184 411
-
social contributions
112
-
553
-
health
2 632
-
18 858
-
pensions
6 180
-
23 871
-
other
1 298
-
7 839
-
unemployment
1 522
-
7 469
-
total
11 744
-
58 590
-
Corporate
193 647
243 000
-
-
income
54 222
68 040
-
-
surtax
-
-
-
-
total
54 222
68 040
-
-
Dividends
139 426
174 960
-
-
social contributions
23 981
30 091
-
-
surtax
-
-
-
-
withholding
17 846
22 395
-
-
total
41 827
52 486
-
-
Income
243 000
243 000
243 000
243 000
Total tax
115 058
120 526
120 381
111 892
After tax
127 942
122 474
122 619
131 108
Living cost
30 343
30 343
30 343
30 343
Free-cash
97 599
92 131
92 276
100 765

Estimated living cost  is ₽30343 per week

₽17597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3082
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.
₽9088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127378
₽127886
₽135180
₽128124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 450
health
-
-
-
16 962
social contributions
-
-
-
33 534
total
-
-
-
86 946
Employee
33 377
-
243 000
-
social contributions
4 607
-
33 534
-
income
5 567
-
43 506
-
health
2 330
-
16 962
-
total
12 504
-
94 002
-
Employer
33 377
-
243 000
-
total
-
-
-
-
Corporate
209 623
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%.

10 482
12 150
-
-
total
10 482
12 150
-
-
Dividends
199 141
230 850
-
-
social contributions
27 482
31 857
-
-
health
13 901
16 114
-
-
withholding
29 871
34 627
-
-
total
71 254
82 598
-
-
Income
243 000
243 000
243 000
243 000
Total tax
94 240
94 748
94 002
86 946
After tax
148 760
148 252
148 998
156 054
Living cost
20 874
20 874
20 874
20 874
Free-cash
127 886
127 378
128 124
135 180

Estimated living cost  is ₽20874 per week

₽13970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99101
₽97577
₽89450
₽28509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 038
income
-
-
-
81 587
chamber of commerce
-
-
-
971
health
-
-
-
8 797
surtax
-
-
-
194
pensions
-
-
-
21 276
total
-
-
-
118 863
Employee
49 196
39 230
203 266
-
pensions
5 038
4 016
11 776
-
unemployment
1 476
1 177
3 450
-
income
5 601
2 894
69 362
-
other
491
392
1 151
-
health
1 904
1 519
4 450
-
total
14 510
9 998
90 189
-
Employer
49 196
39 230
203 266
-
chamber of commerce
196
157
813
-
health
1 859
1 483
4 347
-
payroll
1 476
1 177
6 097
-
pensions
6 174
4 924
14 433
-
surtax
194
194
194
-
accident
639
510
1 494
-
other
2 337
1 862
8 905
-
unemployment
1 476
1 177
3 450
-
total
14 351
11 484
39 733
-
Corporate
179 453
192 285
199 529
-
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.

44 862
48 072
49 882
-
total
44 862
48 072
49 882
-
Dividends
134 591
144 213
-
-
withholding
37 013
39 658
-
-
total
37 013
39 658
-
-
Income
243 000
243 000
243 000
243 000
Total tax
110 736
109 212
179 804
118 863
After tax
132 264
133 788
63 196
124 137
Living cost
34 687
34 687
34 687
34 687
Free-cash
97 577
99 101
28 509
89 450

Estimated living cost  is ₽34687 per week

₽23135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96255
₽85103
₽69906
₽45783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
99 551
communal

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

-
-
-
13 107
social contributions
-
-
-
24 543
total
-
-
-
137 201
Employee

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

70 415
-
188 207
-
national
21 648
-
72 123
-
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.

5 281
-
14 115
-
communal

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

3 673
-
9 817
-
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.

613
-
1 638
-
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.

3 308
-
8 847
-
total
34 523
-
106 540
-
Employer

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

70 415
-
188 207
-
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.

4 330
-
11 575
-
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.

6 239
-
16 675
-
surtax
7 984
-
21 341
-
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.

915
-
2 445
-
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.

1 027
-
2 748
-
total
20 495
-
54 784
-
Corporate
152 088
243 000
-
-
income
30 418
53 657
-
-
surtax
609
1 072
-
-
total
31 027
54 729
-
-
Dividends
121 061
188 270
-
-
withholding

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

35 959
56 123
-
-
total
35 959
56 123
-
-
Income
243 000
243 000
243 000
243 000
Total tax
122 004
110 852
161 324
137 201
After tax
120 996
132 148
81 676
105 799
Living cost
35 893
35 893
35 893
35 893
Free-cash
85 103
96 255
45 783
69 906

Estimated living cost  is ₽35893 per week

₽23120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽125586
₽118840
₽100039
₽95910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
639
accident
-
-
-
822
income
-
-
-
80 036
pensions
-
-
-
25 821
other
-
-
-
92
total
-
-
-
107 410
Employee
49 001
-
213 912
-
pensions
2 303
-
4 289
-
unemployment
760
-
1 414
-
income
10 339
-
76 656
-
other
49
-
92
-
total
13 451
-
82 451
-
Employer
49 001
-
213 912
-
pensions
11 564
-
21 534
-
accident
970
-
1 806
-
other
390
-
730
-
unemployment
2 696
-
5 018
-
total
15 620
-
29 088
-
Corporate
178 379
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.

26 757
36 450
-
-
total
26 757
36 450
-
-
Dividends
151 623
206 550
-
-
withholding
32 781
45 413
-
-
total
32 781
45 413
-
-
Income
243 000
243 000
243 000
243 000
Total tax
88 609
81 863
111 539
107 410
After tax
154 391
161 137
131 461
135 590
Living cost
35 551
35 551
35 551
35 551
Free-cash
118 840
125 586
95 910
100 039

Estimated living cost  is ₽35551 per week

₽26180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
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.
₽6337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82228
₽68688
₽60007
₽68506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
1 969
income
-
-
-
48 538
communal
-
-
-
15 358
health
-
-
-
16 415
surtax
-
-
-
12 197
pensions
-
-
-
35 019
total
-
-
-
129 496
Employee
74 548
-
217 061
-
pensions
5 963
-
17 366
-
income
7 201
-
54 731
-
surtax
4 569
-
13 303
-
health
3 318
-
9 658
-
total
21 051
-
95 058
-
Employer
74 548
-
217 061
-
health
2 273
-
6 619
-
pensions
5 963
-
17 366
-
accident
671
-
1 954
-
total
8 907
-
25 939
-
Corporate
159 545
243 000
-
-
income
23 932
36 450
-
-
surtax
1 676
2 552
-
-
communal
10 770
16 402
-
-
total
36 378
55 404
-
-
Dividends
123 167
187 596
-
-
income
36 004
23 732
-
-
withholding
18 475
28 139
-
-
total
54 479
51 871
-
-
Income
243 000
243 000
243 000
243 000
Total tax
120 815
107 275
120 997
129 496
After tax
122 185
135 725
122 003
113 504
Living cost
53 497
53 497
53 497
53 497
Free-cash
68 688
82 228
68 506
60 007

Estimated living cost  is ₽53497 per week

₽40130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130735
₽127604
₽91961
₽85943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
224
income
-
-
-
79 403
health
-
-
-
9 327
surtax
-
-
-
13 697
pensions
-
-
-
26 277
other
-
-
-
-
total
-
-
-
128 928
Employee
33 151
-
215 345
-
pensions
2 212
-
8 763
-
unemployment
2 307
-
9 144
-
income
5 558
-
73 515
-
other
-
-
-
-
surtax
118
-
12 520
-
health
846
-
3 349
-
total
11 041
-
107 291
-
Employer
33 151
-
215 345
-
health
1 508
-
5 978
-
pensions
4 420
-
17 513
-
other
-
-
-
-
unemployment
1 052
-
4 164
-
total
6 980
-
27 655
-
Corporate
202 869
243 000
-
-
income
52 746
63 181
-
-
total
52 746
63 181
-
-
Dividends
150 124
179 819
-
-
withholding
22 518
26 973
-
-
total
22 518
26 973
-
-
Income
243 000
243 000
243 000
243 000
Total tax
93 285
90 154
134 946
128 928
After tax
149 715
152 846
108 054
114 072
Living cost
22 111
22 111
22 111
22 111
Free-cash
127 604
130 735
85 943
91 961

Estimated living cost  is ₽22111 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1922
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.
₽6327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101208
₽99022
₽91184
₽82885
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 551
national
-
-
-
70 545
regional
-
-
-
3 933
social contributions
-
-
-
49 269
total
-
-
-
125 298
Employee
54 606
-
243 000
-
national
8 651
-
63 956
-
social contributions
18 414
-
64 593
-
municipal
290
-
1 427
-
regional
735
-
3 621
-
total
28 090
-
133 597
-
Employer
54 606
-
243 000
-
total
-
-
-
-
Corporate
188 394
243 000
-
-
municipal
9 363
12 077
-
-
nationa
45 214
58 320
-
-
total
54 577
70 397
-
-
Dividends
133 817
172 603
-
-
withholding
34 793
44 877
-
-
total
34 793
44 877
-
-
Income
243 000
243 000
243 000
243 000
Total tax
117 460
115 274
133 597
125 298
After tax
125 540
127 726
109 403
117 702
Living cost
26 518
26 518
26 518
26 518
Free-cash
99 022
101 208
82 885
91 184

Estimated living cost  is ₽26518 per week

₽16492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽137124
₽126358
₽114730
₽103886
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
3 798
income
-
-
-
26 243
health
-
-
-
32 805
social contributions
-
-
-
35 243
total
-
-
-
98 089
Employee
44 383
-
195 253
-
social contributions
2 885
-
7 845
-
income
5 326
-
24 157
-
solidarity contribution
-
-
2 825
-
health
5 992
-
26 359
-
total
14 203
-
61 186
-
Employer
44 383
-
195 253
-
social contributions
11 096
-
30 174
-
health
3 994
-
17 573
-
total
15 090
-
47 747
-
Corporate
183 526
243 000
-
-
income
34 870
46 170
-
-
total
34 870
46 170
-
-
Dividends
148 656
196 830
-
-
withholding
22 298
29 525
-
-
total
22 298
29 525
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 461
75 695
108 933
98 089
After tax
156 539
167 305
134 067
144 911
Living cost
30 181
30 181
30 181
30 181
Free-cash
126 358
137 124
103 886
114 730

Estimated living cost  is ₽30181 per week

₽22444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102487
₽101997
₽92925
₽31836
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 038
income
-
-
-
81 587
chamber of commerce
-
-
-
971
health
-
-
-
8 797
surtax
-
-
-
-
pensions
-
-
-
21 276
total
-
-
-
118 669
Employee
43 031
39 230
203 447
-
pensions
4 407
4 016
11 776
-
unemployment
1 291
1 177
3 450
-
income
3 833
2 894
69 452
-
other
430
392
1 151
-
health
1 664
1 519
4 450
-
total
11 625
9 998
90 279
-
Employer
43 031
39 230
203 447
-
chamber of commerce
172
157
814
-
health
1 627
1 483
4 347
-
payroll
1 291
1 177
6 103
-
pensions
5 401
4 924
14 433
-
surtax
-
-
-
-
accident
559
510
1 494
-
other
2 044
1 862
8 911
-
unemployment
1 291
1 177
3 450
-
total
12 385
11 290
39 552
-
Corporate
187 585
192 479
199 711
-
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.

46 897
48 120
49 927
-
total
46 897
48 120
49 927
-
Dividends
140 688
144 359
-
-
withholding
38 690
39 699
-
-
total
38 690
39 699
-
-
Income
243 000
243 000
243 000
243 000
Total tax
109 597
109 107
179 758
118 669
After tax
133 403
133 893
63 242
124 331
Living cost
31 406
31 406
31 406
31 406
Free-cash
101 997
102 487
31 836
92 925

Estimated living cost  is ₽31406 per week

₽18840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
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.
₽8799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽217596
₽215110
₽227316
₽181146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 567
-
243 000
-
income
3 314
-
48 600
-
total
3 314
-
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%.

226 433
243 000
-
-
total
-
-
-
-
Dividends
226 433
243 000
-
-
withholding
11 322
12 150
-
-
total
11 322
12 150
-
-
Income
243 000
243 000
243 000
243 000
Total tax
14 636
12 150
48 600
2 430
After tax
228 364
230 850
194 400
240 570
Living cost
13 254
13 254
13 254
13 254
Free-cash
215 110
217 596
181 146
227 316

Estimated living cost  is ₽13254 per week

₽8969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽140901
₽132667
₽84139
₽78864
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
364
income
-
-
-
63 802
health
-
-
-
23 912
pensions
-
-
-
44 379
total
-
-
-
132 457
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.

43 531
-
210 260
-
pensions
6 748
-
32 591
-
unemployment
62
-
295
-
income
7 507
-
58 525
-
health
2 811
-
13 583
-
total
17 128
-
104 994
-
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.

43 531
-
210 260
-
health
2 899
-
14 003
-
pensions
3 852
-
18 608
-
unemployment
26
-
127
-
total
6 777
-
32 738
-
Corporate
192 692
243 000
-
-
income
36 611
46 170
-
-
total
36 611
46 170
-
-
Dividends
156 081
196 830
-
-
withholding
23 413
29 525
-
-
total
23 413
29 525
-
-
Income
243 000
243 000
243 000
243 000
Total tax
83 929
75 695
137 732
132 457
After tax
159 071
167 305
105 268
110 543
Living cost
26 404
26 404
26 404
26 404
Free-cash
132 667
140 901
78 864
84 139

Estimated living cost  is ₽26404 per week

₽18121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1692
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.
₽6081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101536
₽50489
₽121627
₽182577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 366
social contributions
-
-
-
27 702
total
-
-
-
75 068
Employee
66 395
-
-
-
social contributions
5 444
-
776
-
income
14 646
-
-
-
total
20 090
-
776
-
Employer
66 395
-
-
-
social contributions
93 618
-
13 342
-
total
93 618
-
13 342
-
Corporate
82 987
243 000
-
-
income
18 257
53 460
-
-
total
18 257
53 460
-
-
Dividends
64 730
189 540
-
-
income
14 241
41 699
-
-
total
14 241
41 699
-
-
Income
243 000
243 000
243 000
243 000
Total tax
146 206
95 159
14 118
75 068
After tax
96 794
147 841
228 882
167 932
Living cost
46 305
46 305
46 305
46 305
Free-cash
50 489
101 536
182 577
121 627

Estimated living cost  is ₽46305 per week

₽30045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
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.
₽11315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107340
₽106350
₽94793
₽75013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
32 887
surtax
-
-
-
-
social contributions

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

-
-
-
84 442
total
-
-
-
117 329
Employee
45 275
-
196 363
-
social contributions
4 980
-
21 601
-
income
9 417
-
68 238
-
surtax
-
-
633
-
total
14 397
-
90 472
-
Employer
45 275
-
196 363
-
social contributions
10 753
-
46 637
-
total
10 753
-
46 637
-
Corporate
186 972
243 000
-
-
income
39 264
51 031
-
-
surtax
-
-
-
-
total
39 264
51 031
-
-
Dividends
147 708
191 969
-
-
withholding
41 358
53 751
-
-
total
41 358
53 751
-
-
Income
243 000
243 000
243 000
243 000
Total tax
105 772
104 782
137 109
117 329
After tax
137 228
138 218
105 891
125 671
Living cost
30 878
30 878
30 878
30 878
Free-cash
106 350
107 340
75 013
94 793

Estimated living cost  is ₽30878 per week

₽23103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74928
₽81694
₽83562
₽75073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 293
health
-
-
-
12 449
surtax
-
-
-
-
pensions
-
-
-
36 695
other
-
-
-
7 532
social contributions
-
-
-
6 923
total
-
-
-
111 892
Employee
61 655
-
184 411
-
pensions
6 974
-
14 340
-
social contributions
1 756
-
5 255
-
income
5 380
-
42 196
-
surtax
-
-
-
-
total
14 110
-
61 791
-
Employer
61 655
-
184 411
-
social contributions
185
-
553
-
health
4 315
-
18 858
-
pensions
10 131
-
23 871
-
other
2 128
-
7 839
-
unemployment
2 498
-
7 469
-
total
19 257
-
58 590
-
Corporate
162 088
243 000
-
-
income
45 385
68 040
-
-
surtax
-
-
-
-
total
45 385
68 040
-
-
Dividends
116 703
174 960
-
-
social contributions
20 071
30 091
-
-
surtax
-
-
-
-
withholding
14 937
22 395
-
-
total
35 008
52 486
-
-
Income
243 000
243 000
243 000
243 000
Total tax
113 760
120 526
120 381
111 892
After tax
129 240
122 474
122 619
131 108
Living cost
47 546
47 546
47 546
47 546
Free-cash
81 694
74 928
75 073
83 562

Estimated living cost  is ₽47546 per week

₽32178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽652
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽189109
₽185802
₽146974
₽153429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 976
social contributions
-
-
-
53 459
total
-
-
-
66 435
Employee
31 648
-
210 389
-
social contributions
2 057
-
13 676
-
income
-
-
13 693
-
total
2 057
-
27 369
-
Employer
31 648
-
210 389
-
social contributions
4 906
-
32 611
-
total
4 906
-
32 611
-
Corporate
206 447
243 000
-
-
income
20 644
24 300
-
-
total
20 644
24 300
-
-
Dividends
185 802
218 700
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
27 607
24 300
59 980
66 435
After tax
215 393
218 700
183 020
176 565
Living cost
29 591
29 591
29 591
29 591
Free-cash
185 802
189 109
153 429
146 974

Estimated living cost  is ₽29591 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28926
₽15110
₽91956
₽28926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
52 695
national
-
-
-
30 806
labour market
-
-
-
19 372
pensions
-
-
-
852
total
-
-
-
103 725
Employee
199 724
199 724
199 724
-
national
24 400
24 400
24 400
-
pensions
284
284
284
-
municipal
42 530
42 530
42 530
-
labour market
15 955
15 955
15 955
-
total
83 169
83 169
83 169
-
Employer
199 724
199 724
199 724
-
municipal
42 598
42 598
42 598
-
labour market
15 978
15 978
15 978
-
national
24 442
24 442
24 442
-
pensions
568
568
568
-
total
83 586
83 586
83 586
-
Corporate
28 926
-
-
-
income
6 364
-
-
-
total
6 364
-
-
-
Dividends
22 562
-
-
-
withholding
7 452
-
-
-
total
7 452
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
180 571
166 755
166 755
103 725
After tax
62 429
76 245
76 245
139 275
Living cost
47 319
47 319
47 319
47 319
Free-cash
15 110
28 926
28 926
91 956

Estimated living cost  is ₽47319 per week

₽32386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽728
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1483
₽16435
₽144693
₽113321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
247
income
-
-
-
70 339
health
-
-
-
2 130
pensions
-
-
-
4 063
other
-
-
-
362
total
-
-
-
77 141
Employee
33 296
-
223 052
-
pensions
3 749
-
7 450
-
income
4 568
-
55 576
-
health
3 813
-
25 539
-
total
12 130
-
88 565
-
Employer
33 296
-
223 052
-
pensions
5 414
-
10 758
-
accident
556
-
3 725
-
unemployment
816
-
5 465
-
total
6 786
-
19 948
-
Corporate
202 919
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.

182 627
218 700
-
-
total
182 627
218 700
-
-
Dividends
20 292
24 300
-
-
withholding
3 856
4 617
-
-
total
3 856
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
205 399
223 317
108 513
77 141
After tax
37 601
19 683
134 487
165 859
Living cost
21 166
21 166
21 166
21 166
Free-cash
16 435
-1 483
113 321
144 693

Estimated living cost  is ₽21166 per week

₽15407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽109789
₽113193
₽108826
₽80988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
43 140
national
-
-
-
49 909
health
-
-
-
3 331
total
-
-
-
96 380
Employee
51 792
-
204 426
-
national
856
-
32 771
-
pensions
3 495
-
13 800
-
unemployment
777
-
3 066
-
municipal
8 483
-
33 269
-
health
387
-
2 737
-
total
13 998
-
85 643
-
Employer
51 792
-
204 426
-
health
398
-
1 575
-
pensions
8 986
-
35 468
-
accident
52
-
204
-
unemployment
336
-
1 328
-
total
9 772
-
38 575
-
Corporate
181 436
243 000
-
-
income
36 288
48 600
-
-
total
36 288
48 600
-
-
Dividends

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

108 861
145 800
-
-
municipal
19 594
26 243
-
-
national
12 361
20 574
-
-
total
31 955
46 817
-
-
Income
243 000
243 000
243 000
243 000
Total tax
92 013
95 417
124 218
96 380
After tax
150 987
147 583
118 782
146 620
Living cost
37 794
37 794
37 794
37 794
Free-cash
113 193
109 789
80 988
108 826

Estimated living cost  is ₽37794 per week

₽24687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154252
₽148894
₽139813
₽137865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 272
health
-
-
-
6 196
social contributions
-
-
-
15 927
total
-
-
-
80 395
Employee
75 696
75 696
230 267
-
social contributions
2 862
6 282
8 474
-
income
8 242
7 007
57 222
-
health
587
1 287
3 914
-
total
11 691
14 576
69 610
-
Employer
75 696
75 696
230 267
-
social contributions
2 862
6 282
8 474
-
health
637
1 401
4 259
-
total
3 499
7 683
12 733
-
Corporate
205 019
159 620
-
-
income
25 627
19 953
-
-
total
25 627
19 953
-
-
Dividends
179 392
139 667
-
-
withholding
30 497
23 744
-
-
total
30 497
23 744
-
-
Income
243 000
243 000
243 000
243 000
Total tax
71 314
65 956
82 343
80 395
After tax
171 686
177 044
160 657
162 605
Living cost
22 792
22 792
22 792
22 792
Free-cash
148 894
154 252
137 865
139 813

Estimated living cost  is ₽22792 per week

₽13660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽185600
₽180593
₽192221
₽172476
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
28
income
-
-
-
25 298
health
-
-
-
3 562
pensions
-
-
-
6 262
total
-
-
-
35 150
Employee

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

22 596
-
233 379
-
pensions
3 389
-
14 011
-
unemployment
112
-
467
-
income
1 545
-
22 858
-
health
1 920
-
7 939
-
total
6 966
-
45 275
-
Employer

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

22 596
-
233 379
-
health
971
-
4 016
-
pensions
1 242
-
5 137
-
unemployment
112
-
467
-
total
2 325
-
9 620
-
Corporate
218 079
243 000
-
-
income
19 626
21 870
-
-
total
19 626
21 870
-
-
Dividends
198 452
221 130
-
-
withholding
17 861
19 901
-
-
total
17 861
19 901
-
-
Income
243 000
243 000
243 000
243 000
Total tax
46 778
41 771
54 895
35 150
After tax
196 222
201 229
188 105
207 850
Living cost
15 629
15 629
15 629
15 629
Free-cash
180 593
185 600
172 476
192 221

Estimated living cost  is ₽15629 per week

₽9972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134067
₽129718
₽108520
₽104391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
639
accident
-
-
-
822
income
-
-
-
80 036
pensions
-
-
-
25 821
other
-
-
-
92
total
-
-
-
107 410
Employee
36 399
-
213 912
-
pensions
1 711
-
4 289
-
unemployment
564
-
1 414
-
income
7 018
-
76 656
-
other
35
-
92
-
total
9 328
-
82 451
-
Employer
36 399
-
213 912
-
pensions
8 590
-
21 534
-
accident
721
-
1 806
-
other
291
-
730
-
unemployment
2 003
-
5 018
-
total
11 605
-
29 088
-
Corporate
194 996
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.

29 249
36 450
-
-
total
29 249
36 450
-
-
Dividends
165 747
206 550
-
-
withholding
36 030
45 413
-
-
total
36 030
45 413
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 212
81 863
111 539
107 410
After tax
156 788
161 137
131 461
135 590
Living cost
27 070
27 070
27 070
27 070
Free-cash
129 718
134 067
104 391
108 520

Estimated living cost  is ₽27070 per week

₽18272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2602
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.
₽5722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149966
₽149693
₽155305
₽155186
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 932
health
-
-
-
881
pensions
-
-
-
1 216
total
-
-
-
86 029
Employee
2 538
-
241 633
-
pensions
228
-
547
-
unemployment
25
-
61
-
income
491
-
83 868
-
health
127
-
304
-
total
871
-
84 780
-
Employer
2 538
-
241 633
-
health
241
-
577
-
pensions
279
-
669
-
unemployment
51
-
122
-
total
571
-
1 368
-
Corporate
239 891
243 000
-
-
income
52 776
53 460
-
-
total
52 776
53 460
-
-
Dividends
187 115
189 540
-
-
withholding
37 423
37 908
-
-
total
37 423
37 908
-
-
Income
243 000
243 000
243 000
243 000
Total tax
91 641
91 368
86 148
86 029
After tax
151 359
151 632
156 852
156 971
Living cost
1 666
1 666
1 666
1 666
Free-cash
149 693
149 966
155 186
155 305

Estimated living cost  is ₽1666 per week

₽990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽158572
₽153737
₽141907
₽141907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 089
income
-
-
-
56 645
health
-
-
-
7 481
pensions
-
-
-
18 883
total
-
-
-
84 098
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.

25 628
-
230 000
-
pensions
3 588
-
10 168
-
unemployment
192
-
545
-
income
3 533
-
56 645
-
health
1 320
-
3 740
-
total
8 633
-
71 098
-
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.

25 628
-
230 000
-
health
1 320
-
3 740
-
pensions
3 075
-
8 715
-
unemployment
192
-
545
-
total
4 587
-
13 000
-
Corporate
212 785
243 000
-
-
income
31 918
36 450
-
-
total
31 918
36 450
-
-
Dividends
180 867
206 550
-
-
withholding
27 130
30 983
-
-
total
27 130
30 983
-
-
Income
243 000
243 000
243 000
243 000
Total tax
72 268
67 433
84 098
84 098
After tax
170 732
175 567
158 902
158 902
Living cost
16 995
16 995
16 995
16 995
Free-cash
153 737
158 572
141 907
141 907

Estimated living cost  is ₽16995 per week

₽11443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽111679
₽111325
₽99132
₽79352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
32 887
surtax
-
-
-
-
social contributions

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

-
-
-
84 442
total
-
-
-
117 329
Employee
38 207
-
196 363
-
social contributions
4 203
-
21 601
-
income
7 465
-
68 238
-
surtax
-
-
633
-
total
11 668
-
90 472
-
Employer
38 207
-
196 363
-
social contributions
9 073
-
46 637
-
total
9 073
-
46 637
-
Corporate
195 720
243 000
-
-
income
41 102
51 031
-
-
surtax
-
-
-
-
total
41 102
51 031
-
-
Dividends
154 618
191 969
-
-
withholding
43 293
53 751
-
-
total
43 293
53 751
-
-
Income
243 000
243 000
243 000
243 000
Total tax
105 136
104 782
137 109
117 329
After tax
137 864
138 218
105 891
125 671
Living cost
26 539
26 539
26 539
26 539
Free-cash
111 325
111 679
79 352
99 132

Estimated living cost  is ₽26539 per week

₽18797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126541
₽120098
₽100994
₽96865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
639
accident
-
-
-
822
income
-
-
-
80 036
pensions
-
-
-
25 821
other
-
-
-
92
total
-
-
-
107 410
Employee
47 542
-
213 912
-
pensions
2 234
-
4 289
-
unemployment
736
-
1 414
-
income
9 930
-
76 656
-
other
47
-
92
-
total
12 947
-
82 451
-
Employer
47 542
-
213 912
-
pensions
11 220
-
21 534
-
accident
942
-
1 806
-
other
381
-
730
-
unemployment
2 615
-
5 018
-
total
15 158
-
29 088
-
Corporate
180 300
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.

27 044
36 450
-
-
total
27 044
36 450
-
-
Dividends
153 255
206 550
-
-
withholding
33 157
45 413
-
-
total
33 157
45 413
-
-
Income
243 000
243 000
243 000
243 000
Total tax
88 306
81 863
111 539
107 410
After tax
154 694
161 137
131 461
135 590
Living cost
34 596
34 596
34 596
34 596
Free-cash
120 098
126 541
96 865
100 994

Estimated living cost  is ₽34596 per week

₽24846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽190712
₽184672
₽180251
₽190518
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
income
-
-
-
36 450
health
-
-
-
3 982
pensions

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

-
-
-
5 125
total
-
-
-
45 696
Employee
22 581
-
236 206
-
pensions

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

1 982
-
3 040
-
income
2 258
-
23 621
-
health
1 039
-
1 593
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
total
5 527
-
28 635
-
Employer
22 581
-
236 206
-
health
1 558
-
2 389
-
pensions

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

2 488
-
3 816
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
136
-
208
-
total
4 430
-
6 794
-
Corporate
215 989
243 000
-
-
income
21 599
24 300
-
-
total
21 599
24 300
-
-
Dividends
194 390
218 700
-
-
withholding
9 719
10 935
-
-
total
9 719
10 935
-
-
Income
243 000
243 000
243 000
243 000
Total tax
41 275
35 235
35 429
45 696
After tax
201 725
207 765
207 571
197 304
Living cost
17 053
17 053
17 053
17 053
Free-cash
184 672
190 712
190 518
180 251

Estimated living cost  is ₽17053 per week

₽11279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86942
₽99818
₽82579
₽110883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
28 304
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.

-
-
-
82 831
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.

-
-
-
6 725
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.

-
-
-
4 556
total
-
-
-
122 416
Employee

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

48 980
-
243 000
-
income

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

4 028
-
82 831
-
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.

222
-
4 556
-
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.

6 725
-
6 725
-
total
10 975
-
94 112
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 020
243 000
-
-
income
29 103
36 450
-
-
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.

1 601
2 004
-
-
trade
27 842
34 870
-
-
chamber of commerce
433
506
-
-
total
58 979
73 830
-
-
Dividends
135 040
169 169
-
-
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.

1 836
2 305
-
-
withholding
33 387
41 918
-
-
total
35 223
44 223
-
-
Income
243 000
243 000
243 000
243 000
Total tax
105 177
118 053
94 112
122 416
After tax
137 823
124 947
148 888
120 584
Living cost
38 005
38 005
38 005
38 005
Free-cash
99 818
86 942
110 883
82 579

Estimated living cost  is ₽38005 per week

₽26217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114024
₽116199
₽63841
₽63841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 930
social contributions
-
-
-
42 153
total
-
-
-
123 083
Employee
77 003
-
243 000
-
social contributions
6 397
-
42 153
-
income
14 530
-
80 930
-
total
20 927
-
123 083
-
Employer
77 003
-
243 000
-
total
-
-
-
-
Corporate
165 997
243 000
-
-
income
20 749
30 375
-
-
total
20 749
30 375
-
-
Dividends
145 248
212 625
-
-
withholding
29 049
42 525
-
-
total
29 049
42 525
-
-
Income
243 000
243 000
243 000
243 000
Total tax
70 725
72 900
123 083
123 083
After tax
172 275
170 100
119 917
119 917
Living cost
56 076
56 076
56 076
56 076
Free-cash
116 199
114 024
63 841
63 841

Estimated living cost  is ₽56076 per week

₽42662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117014
₽120454
₽164724
₽132797
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
36 450
health

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

-
-
-
6 092
total
-
-
-
42 542
Employee
45 159
-
238 472
-
social contributions
4 525
-
4 528
-
income
4 900
-
65 413
-
total
9 425
-
69 941
-
Employer
45 159
-
238 472
-
social contributions
4 525
-
4 528
-
total
4 525
-
4 528
-
Corporate
193 317
243 000
-
-
income
67 661
85 051
-
-
total
67 661
85 051
-
-
Dividends
125 656
157 949
-
-
social contributions
5 201
5 201
-
-
total
5 201
5 201
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 812
90 252
74 469
42 542
After tax
156 188
152 748
168 531
200 458
Living cost
35 734
35 734
35 734
35 734
Free-cash
120 454
117 014
132 797
164 724

Estimated living cost  is ₽35734 per week

₽23538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2817
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽114882
₽120747
₽119200
₽97585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 725
pensions
-
-
-
10 282
total
-
-
-
87 007
Employee
50 504
-
211 641
-
pensions
3 855
-
12 147
-
income
9 197
-
62 316
-
health
659
-
2 801
-
total
13 711
-
77 264
-
Employer
50 504
-
211 641
-
health
960
-
4 020
-
pensions
5 103
-
27 338
-
total
6 063
-
31 358
-
Corporate
186 434
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.

35 423
46 169
-
-
total
35 423
46 169
-
-
Dividends
151 011
196 831
-
-
withholding
30 263
45 156
-
-
total
30 263
45 156
-
-
Income
243 000
243 000
243 000
243 000
Total tax
85 460
91 325
108 622
87 007
After tax
157 540
151 675
134 378
155 993
Living cost
36 793
36 793
36 793
36 793
Free-cash
120 747
114 882
97 585
119 200

Estimated living cost  is ₽36793 per week

₽25240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3579
₽16115
₽142597
₽111225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
247
income
-
-
-
70 339
health
-
-
-
2 130
pensions
-
-
-
4 063
other
-
-
-
362
total
-
-
-
77 141
Employee
36 592
-
223 052
-
pensions
4 120
-
7 450
-
income
5 020
-
55 576
-
health
4 190
-
25 539
-
total
13 330
-
88 565
-
Employer
36 592
-
223 052
-
pensions
5 950
-
10 758
-
accident
611
-
3 725
-
unemployment
896
-
5 465
-
total
7 457
-
19 948
-
Corporate
198 952
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.

179 056
218 700
-
-
total
179 056
218 700
-
-
Dividends
19 895
24 300
-
-
withholding
3 780
4 617
-
-
total
3 780
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
203 623
223 317
108 513
77 141
After tax
39 377
19 683
134 487
165 859
Living cost
23 262
23 262
23 262
23 262
Free-cash
16 115
-3 579
111 225
142 597

Estimated living cost  is ₽23262 per week

₽17071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
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.
₽4366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽172588
₽169609
₽145252
₽166915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 891
health insurance
-
-
-
11 658
income
-
-
-
41 116
work injury
-
-
-
788
pensions
-
-
-
28 988
total
-
-
-
84 441
Employee

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

21 291
-
243 000
-
work injury
106
-
394
-
pensions
3 917
-
14 494
-
unemployment
255
-
945
-
income
2 129
-
41 116
-
health insurance
1 575
-
5 829
-
total
7 982
-
62 778
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
221 709
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%.

22 171
24 300
-
-
total
22 171
24 300
-
-
Dividends
199 538
218 700
-
-
withholding
29 931
32 805
-
-
total
29 931
32 805
-
-
Income
243 000
243 000
243 000
243 000
Total tax
60 084
57 105
62 778
84 441
After tax
182 916
185 895
180 222
158 559
Living cost
13 307
13 307
13 307
13 307
Free-cash
169 609
172 588
166 915
145 252

Estimated living cost  is ₽13307 per week

₽8244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88780
₽84302
₽76104
₽68015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
1 743
national
-
-
-
70 545
regional
-
-
-
6 123
social contributions
-
-
-
49 269
total
-
-
-
127 680
Employee
82 952
-
243 000
-
national
14 018
-
63 956
-
social contributions
27 971
-
64 593
-
municipal
495
-
1 607
-
regional
1 252
-
5 613
-
total
43 736
-
135 769
-
Employer
82 952
-
243 000
-
total
-
-
-
-
Corporate
160 048
243 000
-
-
municipal
7 713
11 713
-
-
nationa
38 412
58 320
-
-
total
46 125
70 033
-
-
Dividends
113 922
172 967
-
-
withholding
29 621
44 971
-
-
total
29 621
44 971
-
-
Income
243 000
243 000
243 000
243 000
Total tax
119 482
115 004
135 769
127 680
After tax
123 518
127 996
107 231
115 320
Living cost
39 216
39 216
39 216
39 216
Free-cash
84 302
88 780
68 015
76 104

Estimated living cost  is ₽39216 per week

₽27547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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