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
₽92479
₽118988
₽87962
₽103422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
82 733
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.

-
-
-
4 550
health

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

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

-
-
-
6 760
trade
-
-
-
31 026
total
-
-
-
125 069
Employee

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

37 844
-
243 000
-
surtax

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

58
-
4 550
-
income

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

1 057
-
82 733
-
health

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

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

6 760
-
6 760
-
total
7 875
-
94 043
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
205 156
243 000
-
-
income
30 773
36 451
-
-
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.

1 692
2 005
-
-
chamber of commerce
445
499
-
-
trade
32 313
38 272
-
-
total
65 223
77 227
-
-
Dividends
139 934
165 772
-
-
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.

1 904
2 259
-
-
withholding
34 607
41 066
-
-
total
36 511
43 325
-
-
Income
243 000
243 000
243 000
243 000
Total tax
109 609
120 552
94 043
125 069
After tax
133 391
122 448
148 957
117 931
Living cost
29 969
29 969
29 969
29 969
Free-cash
103 422
92 479
118 988
87 962

Estimated living cost  is ₽29969 per week

₽18852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽99230
₽86572
₽85268
₽98359
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
social contributions
-
-
-
2 612
municipal
-
-
-
27 052
national
-
-
-
46 506
pensions
-
-
-
29 160
total
-
-
-
105 330
Employee
81 232
-
210 071
-
municipal
10 033
-
27 993
-
pensions
3 249
-
8 403
-
national
15 548
-
48 566
-
total
28 830
-
84 962
-
Employer
81 232
-
210 071
-
pensions
6 499
-
16 806
-
social contributions
873
-
2 258
-
total
7 372
-
19 064
-
Corporate
149 035
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%.

29 807
48 600
-
-
total
29 807
48 600
-
-
Dividends
119 228
194 400
-
-
withholding
26 230
42 768
-
-
total
26 230
42 768
-
-
Income
243 000
243 000
243 000
243 000
Total tax
92 239
91 368
104 026
105 330
After tax
150 761
151 632
138 974
137 670
Living cost
52 402
52 402
52 402
52 402
Free-cash
98 359
99 230
86 572
85 268

Estimated living cost  is ₽52402 per week

₽35617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽784
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽173816
₽86139
₽69175
₽165698
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
53 366
surtax
-
-
-
61 964
social contributions

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

-
-
-
37 910
microenterprise
-
-
-
-
total
-
-
-
153 240
Employee
28 912
-
193 327
-
surtax
-
-
28 032
-
social contributions

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

3 181
-
12 971
-
income
5 147
-
45 600
-
total
8 328
-
86 603
-
Employer
28 912
-
193 327
-
social contributions

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

6 964
-
28 407
-
surtax
-
-
21 266
-
total
6 964
-
49 673
-
Corporate
207 124
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%.

41 425
48 599
-
-
total
41 425
48 599
-
-
Dividends

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

165 699
194 401
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
56 717
48 599
136 276
153 240
After tax
186 283
194 401
106 724
89 760
Living cost
20 585
20 585
20 585
20 585
Free-cash
165 698
173 816
86 139
69 175

Estimated living cost  is ₽20585 per week

₽13132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽79886
₽113925
₽87925
₽73820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89 832
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
113 626
Employee
84 494
84 494
224 612
-
pensions
15 209
11 593
11 593
-
income

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

13 830
13 830
45 444
-
health
12 969
11 031
12 201
-
total
42 008
36 454
69 238
-
Employer
84 494
84 494
224 612
-
health
5 873
5 873
7 298
-
pensions
5 881
5 881
7 310
-
unemployment
3 042
3 042
3 780
-
total
14 796
14 796
18 388
-
Corporate
144 746
143 710
-
-
income
28 950
28 741
-
-
total
28 950
28 741
-
-
Dividends
115 796
114 968
-
-
income
24 607
24 430
-
-
withholding
17 370
17 244
-
-
total
41 977
41 674
-
-
Income
243 000
243 000
243 000
243 000
Total tax
127 731
121 665
87 626
113 626
After tax
115 269
121 335
155 374
129 374
Living cost
41 449
41 449
41 449
41 449
Free-cash
73 820
79 886
113 925
87 925

Estimated living cost  is ₽41449 per week

₽29374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽91861
₽79096
₽80086
₽90946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
179
other
-
-
-
10 395
unemployment
-
-
-
90
health
-
-
-
5 582
municipal
-
-
-
64 735
national
-
-
-
31 446
pensions
-
-
-
9 670
total
-
-
-
122 097
Employee
58 161
-
214 893
-
municipal
17 344
-
64 081
-
national
-
-
30 898
-
total
17 344
-
94 979
-
Employer
58 161
-
214 893
-
health
3 577
-
5 502
-
pensions
6 287
-
9 670
-
accident
116
-
179
-
unemployment
1 535
-
2 362
-
other
6 758
-
10 395
-
total
18 273
-
28 108
-
Corporate
166 565
243 000
-
-
income
36 644
53 460
-
-
total
36 644
53 460
-
-
Dividends
129 921
189 540
-
-
withholding
38 976
56 862
-
-
total
38 976
56 862
-
-
Income
243 000
243 000
243 000
243 000
Total tax
111 237
110 322
123 087
122 097
After tax
131 763
132 678
119 913
120 903
Living cost
40 817
40 817
40 817
40 817
Free-cash
90 946
91 861
79 096
80 086

Estimated living cost  is ₽40817 per week

₽27052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽82330
₽110088
₽77682
₽96232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
82 733
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.

-
-
-
4 550
health

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

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

-
-
-
6 760
trade
-
-
-
32 406
total
-
-
-
126 449
Employee

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

50 177
-
243 000
-
surtax

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

237
-
4 550
-
income

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

4 311
-
82 733
-
health

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

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

6 760
-
6 760
-
total
11 308
-
94 043
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
192 823
243 000
-
-
income
28 923
36 451
-
-
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.

1 590
2 005
-
-
chamber of commerce
424
496
-
-
trade
31 719
39 973
-
-
total
62 656
78 925
-
-
Dividends
130 166
164 075
-
-
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.

1 769
2 234
-
-
withholding
32 166
40 642
-
-
total
33 935
42 876
-
-
Income
243 000
243 000
243 000
243 000
Total tax
107 899
121 801
94 043
126 449
After tax
135 101
121 199
148 957
116 551
Living cost
38 869
38 869
38 869
38 869
Free-cash
96 232
82 330
110 088
77 682

Estimated living cost  is ₽38869 per week

₽25996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽144952
₽128607
₽130557
₽140853
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 145
social contributions
-
-
-
16 009
health
-
-
-
6 196
total
-
-
-
80 350
Employee
76 083
76 083
230 224
-
social contributions
3 697
6 315
8 517
-
income
7 989
7 043
57 094
-
health
757
1 294
3 913
-
total
12 443
14 652
69 524
-
Employer
76 083
76 083
230 224
-
health
824
1 408
4 259
-
social contributions
3 697
6 315
8 517
-
total
4 521
7 723
12 776
-
Corporate
193 943
159 194
-
-
income
24 242
19 899
-
-
total
24 242
19 899
-
-
Dividends
169 700
139 294
-
-
withholding
28 848
23 681
-
-
total
28 848
23 681
-
-
Income
243 000
243 000
243 000
243 000
Total tax
70 054
65 955
82 300
80 350
After tax
172 946
177 045
160 700
162 650
Living cost
32 093
32 093
32 093
32 093
Free-cash
140 853
144 952
128 607
130 557

Estimated living cost  is ₽32093 per week

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

Source of data for Limassol model

Close
Budapest , Hungary
₽118196
₽122702
₽150171
₽118576
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 707
unemployment
-
-
-
3 645
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.

26 224
10 437
203 347
-
unemployment
393
157
3 050
-
pensions
2 622
1 044
20 335
-
income
3 206
1 276
24 859
-
health
1 836
731
14 234
-
total
8 057
3 208
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.

26 224
10 437
203 347
-
pensions
5 114
2 035
39 653
-
total
5 114
2 035
39 653
-
Corporate
211 662
230 528
-
-
income
19 050
20 748
-
-
total
19 050
20 748
-
-
Dividends
192 612
209 780
-
-
social contributions
37 440
40 788
-
-
withholding
36 596
39 858
-
-
total
74 036
80 646
-
-
Income
243 000
243 000
243 000
243 000
Total tax
106 257
106 637
102 131
74 662
After tax
136 743
136 363
140 869
168 338
Living cost
18 167
18 167
18 167
18 167
Free-cash
118 576
118 196
122 702
150 171

Estimated living cost  is ₽18167 per week

₽12397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽363
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽170502
₽116163
₽106348
₽164355
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 562
health
-
-
-
31 590
pensions
-
-
-
48 601
total
-
-
-
112 753
Employee
28 069
-
181 614
-
unemployment
449
-
2 907
-
pensions
561
-
3 631
-
income
3 160
-
35 014
-
total
4 170
-
41 552
-
Employer
28 069
-
181 614
-
health
3 648
-
23 610
-
pensions
5 614
-
36 323
-
unemployment
225
-
1 453
-
total
9 487
-
61 386
-
Corporate
205 443
243 000
-
-
income
41 089
48 599
-
-
total
41 089
48 599
-
-
Dividends
164 355
194 401
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
54 746
48 599
102 938
112 753
After tax
188 254
194 401
140 062
130 247
Living cost
23 899
23 899
23 899
23 899
Free-cash
164 355
170 502
116 163
106 348

Estimated living cost  is ₽23899 per week

₽16392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽2379
₽112262
₽143814
₽16300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
70 139
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
77 124
Employee
34 705
-
222 773
-
pensions
3 908
-
7 651
-
income
4 761
-
55 290
-
health
3 974
-
25 508
-
total
12 643
-
88 449
-
Employer
34 705
-
222 773
-
pensions
5 643
-
11 048
-
accident
579
-
3 721
-
unemployment
850
-
5 458
-
total
7 072
-
20 227
-
Corporate
201 222
243 000
-
-
income

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

181 100
218 700
-
-
total
181 100
218 700
-
-
Dividends
20 122
24 300
-
-
withholding
3 823
4 617
-
-
total
3 823
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
204 638
223 317
108 676
77 124
After tax
38 362
19 683
134 324
165 876
Living cost
22 062
22 062
22 062
22 062
Free-cash
16 300
-2 379
112 262
143 814

Estimated living cost  is ₽22062 per week

₽16170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽222750
₽186300
₽232470
₽221231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 125
-
243 000
-
income
2 025
-
48 600
-
total
2 025
-
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%.

232 875
243 000
-
-
total
-
-
-
-
Dividends
232 875
243 000
-
-
withholding
11 644
12 150
-
-
total
11 644
12 150
-
-
Income
243 000
243 000
243 000
243 000
Total tax
13 669
12 150
48 600
2 430
After tax
229 331
230 850
194 400
240 570
Living cost
8 100
8 100
8 100
8 100
Free-cash
221 231
222 750
186 300
232 470

Estimated living cost  is ₽8100 per week

₽5020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽152166
₽120703
₽122664
₽145486
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 093
other
-
-
-
7 146
health
-
-
-
6 621
pensions

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

-
-
-
36 111
total
-
-
-
93 971
Employee
35 926
-
204 651
-
unemployment
359
-
1 504
-
pensions

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

2 514
-
10 532
-
income
6 185
-
43 440
-
health
503
-
2 107
-
total
9 561
-
57 583
-
Employer
35 926
-
204 651
-
health
503
-
2 107
-
pensions

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

6 108
-
25 579
-
accident
287
-
1 637
-
unemployment
359
-
1 504
-
other
1 797
-
7 522
-
total
9 054
-
38 349
-
Corporate
198 020
243 000
-
-
income
41 584
51 031
-
-
total
41 584
51 031
-
-
Dividends
156 436
191 969
-
-
withholding
10 950
13 438
-
-
total
10 950
13 438
-
-
Income
243 000
243 000
243 000
243 000
Total tax
71 149
64 469
95 932
93 971
After tax
171 851
178 531
147 068
149 029
Living cost
26 365
26 365
26 365
26 365
Free-cash
145 486
152 166
120 703
122 664

Estimated living cost  is ₽26365 per week

₽18628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽85651
₽68385
₽89994
₽93590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 813
pensions
-
-
-
10 258
total
-
-
-
87 071
Employee
93 288
-
211 632
-
pensions
9 000
-
12 109
-
income
16 816
-
62 405
-
health
1 537
-
2 799
-
total
27 353
-
77 313
-
Employer
93 288
-
211 632
-
health
1 772
-
4 021
-
pensions
11 015
-
27 346
-
total
12 787
-
31 367
-
Corporate
136 926
243 000
-
-
income

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

26 016
46 171
-
-
total
26 016
46 171
-
-
Dividends
110 911
196 829
-
-
withholding
17 319
45 243
-
-
total
17 319
45 243
-
-
Income
243 000
243 000
243 000
243 000
Total tax
83 475
91 414
108 680
87 071
After tax
159 525
151 586
134 320
155 929
Living cost
65 935
65 935
65 935
65 935
Free-cash
93 590
85 651
68 385
89 994

Estimated living cost  is ₽65935 per week

₽49406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽194791
₽194618
₽184347
₽190196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
45 679
Employee
17 180
-
236 219
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
pensions

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

1 508
-
3 035
-
income
1 718
-
23 622
-
health
790
-
1 590
-
total
4 205
-
28 627
-
Employer
17 180
-
236 219
-
health
1 186
-
2 385
-
pensions

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

1 893
-
3 809
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
unemployment
103
-
207
-
total
3 371
-
6 781
-
Corporate
222 449
243 000
-
-
income
22 244
24 300
-
-
total
22 244
24 300
-
-
Dividends
200 205
218 700
-
-
withholding
10 010
10 935
-
-
total
10 010
10 935
-
-
Income
243 000
243 000
243 000
243 000
Total tax
39 830
35 235
35 408
45 679
After tax
203 170
207 765
207 592
197 321
Living cost
12 974
12 974
12 974
12 974
Free-cash
190 196
194 791
194 618
184 347

Estimated living cost  is ₽12974 per week

₽7575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽66469
₽100508
₽74508
₽68956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89 832
health
-
-
-
12 201
pensions
-
-
-
11 593
total
-
-
-
113 626
Employee
91 734
84 494
224 612
-
pensions
11 593
11 593
11 593
-
income

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

13 830
13 830
45 444
-
health
11 444
11 031
12 201
-
total
36 867
36 454
69 238
-
Employer
91 734
84 494
224 612
-
health
6 375
5 873
7 298
-
pensions
6 384
5 881
7 310
-
unemployment
3 303
3 042
3 780
-
total
16 062
14 796
18 388
-
Corporate
135 205
143 710
-
-
income
27 040
28 741
-
-
total
27 040
28 741
-
-
Dividends
108 165
114 968
-
-
income
22 984
24 430
-
-
withholding
16 225
17 244
-
-
total
39 209
41 674
-
-
Income
243 000
243 000
243 000
243 000
Total tax
119 178
121 665
87 626
113 626
After tax
123 822
121 335
155 374
129 374
Living cost
54 866
54 866
54 866
54 866
Free-cash
68 956
66 469
100 508
74 508

Estimated living cost  is ₽54866 per week

₽40473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽142720
₽109418
₽120253
₽133948
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 222
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
3 756
health
-
-
-
32 805
total
-
-
-
98 161
Employee
36 156
-
195 147
-
solidarity contribution
-
-
2 784
-
social contributions
2 350
-
7 875
-
income
4 339
-
24 139
-
health
4 881
-
26 345
-
total
11 570
-
61 143
-
Employer
36 156
-
195 147
-
health
3 254
-
17 563
-
social contributions
9 039
-
30 290
-
total
12 293
-
47 853
-
Corporate
194 551
243 000
-
-
income
36 965
46 170
-
-
total
36 965
46 170
-
-
Dividends
157 586
196 830
-
-
withholding
23 638
29 524
-
-
total
23 638
29 524
-
-
Income
243 000
243 000
243 000
243 000
Total tax
84 466
75 694
108 996
98 161
After tax
158 534
167 306
134 004
144 839
Living cost
24 586
24 586
24 586
24 586
Free-cash
133 948
142 720
109 418
120 253

Estimated living cost  is ₽24586 per week

₽17078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽87898
₽68250
₽76640
₽82733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
social contributions
-
-
-
49 521
regional
-
-
-
3 170
municipal
-
-
-
1 547
national
-
-
-
70 371
total
-
-
-
124 609
Employee
87 936
-
243 000
-
municipal
466
-
1 425
-
national
15 237
-
63 748
-
regional
830
-
2 902
-
social contributions
29 652
-
64 924
-
total
46 185
-
132 999
-
Employer
87 936
-
243 000
-
total
-
-
-
-
Corporate
155 064
243 000
-
-
municipal
6 048
9 477
-
-
nationa
37 215
58 320
-
-
total
43 263
67 797
-
-
Dividends
111 801
175 204
-
-
withholding
29 068
45 554
-
-
total
29 068
45 554
-
-
Income
243 000
243 000
243 000
243 000
Total tax
118 516
113 351
132 999
124 609
After tax
124 484
129 649
110 001
118 391
Living cost
41 751
41 751
41 751
41 751
Free-cash
82 733
87 898
68 250
76 640

Estimated living cost  is ₽41751 per week

₽29104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽131014
₽86201
₽92251
₽127932
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 250
other
-
-
-
-
surtax
-
-
-
13 654
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
128 915
Employee
32 720
-
215 203
-
other
-
-
-
-
unemployment
2 278
-
9 191
-
pensions
2 182
-
8 808
-
surtax
107
-
12 471
-
income
5 485
-
73 332
-
health
836
-
3 367
-
total
10 888
-
107 169
-
Employer
32 720
-
215 203
-
health
1 489
-
6 008
-
pensions
4 362
-
17 603
-
unemployment
1 036
-
4 185
-
other
-
-
-
-
total
6 887
-
27 796
-
Corporate
203 392
243 000
-
-
income
52 882
63 179
-
-
total
52 882
63 179
-
-
Dividends
150 510
179 821
-
-
withholding
22 577
26 973
-
-
total
22 577
26 973
-
-
Income
243 000
243 000
243 000
243 000
Total tax
93 234
90 152
134 965
128 915
After tax
149 766
152 848
108 035
114 085
Living cost
21 834
21 834
21 834
21 834
Free-cash
127 932
131 014
86 201
92 251

Estimated living cost  is ₽21834 per week

₽13350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽106541
₽89275
₽110884
₽113054
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 813
pensions
-
-
-
10 258
total
-
-
-
87 071
Employee
62 519
-
211 632
-
pensions
5 306
-
12 109
-
income
11 260
-
62 405
-
health
908
-
2 799
-
total
17 474
-
77 313
-
Employer
62 519
-
211 632
-
health
1 188
-
4 021
-
pensions
6 768
-
27 346
-
total
7 956
-
31 367
-
Corporate
172 526
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.

32 779
46 171
-
-
total
32 779
46 171
-
-
Dividends
139 747
196 829
-
-
withholding
26 692
45 243
-
-
total
26 692
45 243
-
-
Income
243 000
243 000
243 000
243 000
Total tax
84 901
91 414
108 680
87 071
After tax
158 099
151 586
134 320
155 929
Living cost
45 045
45 045
45 045
45 045
Free-cash
113 054
106 541
89 275
110 884

Estimated living cost  is ₽45045 per week

₽33747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
₽32910
₽105493
₽113618
₽66373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other

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

-
-
-
4 859
regional
-
-
-
13 972
health
-
-
-
546
city
-
-
-
2 561
national
-
-
-
6 879
pensions
-
-
-
22 357
total
-
-
-
51 174
Employee
91 524
-
219 036
-
unemployment
-
-
-
-
pensions
7 689
-
16 680
-
national
433
-
5 680
-
regional
2 997
-
12 520
-
city
982
-
2 374
-
health
207
-
492
-
total
12 308
-
37 746
-
Employer
91 524
-
219 036
-
health
207
-
492
-
pensions
7 689
-
16 680
-
unemployment
-
-
-
-
other

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

1 830
-
4 381
-
total
9 726
-
21 553
-
Corporate
140 744
243 000
-
-
regional
29 767
51 394
-
-
national
11 964
20 655
-
-
total
41 731
72 049
-
-
Dividends
99 013
170 951
-
-
withholding
34 654
59 833
-
-
total
34 654
59 833
-
-
Income
243 000
243 000
243 000
243 000
Total tax
98 419
131 882
59 299
51 174
After tax
144 581
111 118
183 701
191 826
Living cost
78 208
78 208
78 208
78 208
Free-cash
66 373
32 910
105 493
113 618

Estimated living cost  is ₽78208 per week

₽50858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽960
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽74621
₽103630
₽69845
₽90667
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
82 733
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.

-
-
-
4 550
health

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

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

-
-
-
6 760
trade
-
-
-
33 785
total
-
-
-
127 828
Employee

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

59 464
-
243 000
-
surtax

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

385
-
4 550
-
income

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

6 992
-
82 733
-
health

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

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

6 760
-
6 760
-
total
14 137
-
94 043
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
183 536
243 000
-
-
income
27 530
36 451
-
-
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.

1 513
2 005
-
-
chamber of commerce
409
492
-
-
trade
31 477
41 675
-
-
total
60 929
80 623
-
-
Dividends
122 606
162 377
-
-
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.

1 665
2 212
-
-
withholding
30 275
40 217
-
-
total
31 940
42 429
-
-
Income
243 000
243 000
243 000
243 000
Total tax
107 006
123 052
94 043
127 828
After tax
135 994
119 948
148 957
115 172
Living cost
45 327
45 327
45 327
45 327
Free-cash
90 667
74 621
103 630
69 845

Estimated living cost  is ₽45327 per week

₽33105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽88619
₽88936
₽97350
₽94466
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 139
other
-
-
-
7 533
surtax
-
-
-
-
social contributions
-
-
-
6 925
health
-
-
-
12 421
pensions
-
-
-
36 780
total
-
-
-
111 798
Employee
42 347
-
184 460
-
pensions
4 788
-
14 323
-
surtax
-
-
-
-
social contributions
1 207
-
5 256
-
income
2 499
-
42 093
-
total
8 494
-
61 672
-
Employer
42 347
-
184 460
-
health
2 965
-
18 838
-
pensions
6 957
-
23 845
-
unemployment
1 714
-
7 471
-
social contributions
128
-
554
-
other
1 461
-
7 832
-
total
13 225
-
58 540
-
Corporate
187 429
243 000
-
-
income
52 480
68 041
-
-
surtax
-
-
-
-
total
52 480
68 041
-
-
Dividends
134 949
174 959
-
-
surtax
-
-
-
-
social contributions
23 210
30 093
-
-
withholding
17 273
22 395
-
-
total
40 483
52 488
-
-
Income
243 000
243 000
243 000
243 000
Total tax
114 682
120 529
120 212
111 798
After tax
128 318
122 471
122 788
131 202
Living cost
33 852
33 852
33 852
33 852
Free-cash
94 466
88 619
88 936
97 350

Estimated living cost  is ₽33852 per week

₽21345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽91973
₽92290
₽100704
₽97471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 139
other
-
-
-
7 533
surtax
-
-
-
-
social contributions
-
-
-
6 925
health
-
-
-
12 421
pensions
-
-
-
36 780
total
-
-
-
111 798
Employee
37 800
-
184 460
-
pensions
4 275
-
14 323
-
surtax
-
-
-
-
social contributions
1 078
-
5 256
-
income
1 949
-
42 093
-
total
7 302
-
61 672
-
Employer
37 800
-
184 460
-
health
2 646
-
18 838
-
pensions
6 211
-
23 845
-
unemployment
1 530
-
7 471
-
social contributions
113
-
554
-
other
1 305
-
7 832
-
total
11 805
-
58 540
-
Corporate
193 395
243 000
-
-
income
54 150
68 041
-
-
surtax
-
-
-
-
total
54 150
68 041
-
-
Dividends
139 245
174 959
-
-
surtax
-
-
-
-
social contributions
23 951
30 093
-
-
withholding
17 823
22 395
-
-
total
41 774
52 488
-
-
Income
243 000
243 000
243 000
243 000
Total tax
115 031
120 529
120 212
111 798
After tax
127 969
122 471
122 788
131 202
Living cost
30 498
30 498
30 498
30 498
Free-cash
97 471
91 973
92 290
100 704

Estimated living cost  is ₽30498 per week

₽17688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽127269
₽128044
₽135072
₽127786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 451
social contributions
-
-
-
33 535
health
-
-
-
16 961
total
-
-
-
86 947
Employee
33 548
-
243 000
-
social contributions
4 630
-
33 535
-
income
5 595
-
43 479
-
health
2 341
-
16 961
-
total
12 566
-
93 975
-
Employer
33 548
-
243 000
-
total
-
-
-
-
Corporate
209 452
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%.

10 472
12 150
-
-
total
10 472
12 150
-
-
Dividends
198 980
230 850
-
-
social contributions
27 459
31 858
-
-
withholding
29 847
34 628
-
-
health
13 889
16 114
-
-
total
71 195
82 600
-
-
Income
243 000
243 000
243 000
243 000
Total tax
94 233
94 750
93 975
86 947
After tax
148 767
148 250
149 025
156 053
Living cost
20 981
20 981
20 981
20 981
Free-cash
127 786
127 269
128 044
135 072

Estimated living cost  is ₽20981 per week

₽14041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽98932
₽28363
₽89289
₽97403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
81 383
surtax
-
-
-
195
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
973
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
118 847
Employee
49 448
39 431
203 147
-
other
494
394
1 157
-
unemployment
1 483
1 183
3 468
-
pensions
5 064
4 037
11 837
-
income
5 629
2 908
69 137
-
health
1 913
1 527
4 473
-
total
14 583
10 049
90 072
-
Employer
49 448
39 431
203 147
-
chamber of commerce
197
158
813
-
health
1 868
1 491
4 369
-
pensions
6 206
4 949
14 507
-
accident
642
513
1 502
-
unemployment
1 483
1 183
3 468
-
surtax
195
195
195
-
payroll
1 483
1 183
6 095
-
other
2 349
1 872
8 904
-
total
14 423
11 544
39 853
-
Corporate
179 128
192 025
199 391
-
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.

44 782
48 006
49 848
-
total
44 782
48 006
49 848
-
Dividends
134 346
144 019
-
-
withholding
36 945
39 605
-
-
total
36 945
39 605
-
-
Income
243 000
243 000
243 000
243 000
Total tax
110 733
109 204
179 773
118 847
After tax
132 267
133 796
63 227
124 153
Living cost
34 864
34 864
34 864
34 864
Free-cash
97 403
98 932
28 363
89 289

Estimated living cost  is ₽34864 per week

₽23253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽96135
₽45645
₽69719
₽84848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
communal

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

-
-
-
13 100
social contributions
-
-
-
24 668
national
-
-
-
99 437
total
-
-
-
137 205
Employee

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

70 775
-
188 210
-
unemployment

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

616
-
1 637
-
communal

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

3 691
-
9 816
-
pensions

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

5 308
-
14 116
-
national
21 759
-
72 078
-
health

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

3 325
-
8 846
-
total
34 699
-
106 493
-
Employer

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

70 775
-
188 210
-
health

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

4 352
-
11 576
-
pensions

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

6 271
-
16 675
-
accident

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

920
-
2 447
-
unemployment

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

1 033
-
2 747
-
surtax
8 025
-
21 341
-
total
20 601
-
54 786
-
Corporate
151 623
243 000
-
-
income
30 324
53 571
-
-
surtax
606
1 072
-
-
total
30 930
54 643
-
-
Dividends
120 692
188 357
-
-
withholding

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

35 846
56 146
-
-
total
35 846
56 146
-
-
Income
243 000
243 000
243 000
243 000
Total tax
122 076
110 789
161 279
137 205
After tax
120 924
132 211
81 721
105 795
Living cost
36 076
36 076
36 076
36 076
Free-cash
84 848
96 135
45 645
69 719

Estimated living cost  is ₽36076 per week

₽23238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽125412
₽95717
₽99868
₽118635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
826
income
-
-
-
79 886
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
107 399
Employee
49 252
-
213 763
-
other
49
-
92
-
unemployment
764
-
1 421
-
pensions
2 315
-
4 311
-
income
10 392
-
76 489
-
total
13 520
-
82 313
-
Employer
49 252
-
213 763
-
pensions
11 623
-
21 644
-
accident
975
-
1 816
-
unemployment
2 709
-
5 043
-
other
392
-
734
-
total
15 699
-
29 237
-
Corporate
178 049
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.

26 708
36 451
-
-
total
26 708
36 451
-
-
Dividends
151 341
206 549
-
-
withholding
32 705
45 404
-
-
total
32 705
45 404
-
-
Income
243 000
243 000
243 000
243 000
Total tax
88 632
81 855
111 550
107 399
After tax
154 368
161 145
131 450
135 601
Living cost
35 733
35 733
35 733
35 733
Free-cash
118 635
125 412
95 717
99 868

Estimated living cost  is ₽35733 per week

₽26313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽82054
₽68340
₽59674
₽68448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
communal
-
-
-
15 357
accident
-
-
-
1 981
income
-
-
-
48 323
surtax
-
-
-
12 177
health
-
-
-
16 506
pensions
-
-
-
35 212
total
-
-
-
129 556
Employee
74 930
-
217 062
-
pensions
5 993
-
17 365
-
surtax
4 593
-
13 303
-
income
7 237
-
54 624
-
health
3 335
-
9 659
-
total
21 158
-
94 951
-
Employer
74 930
-
217 062
-
health
2 285
-
6 621
-
pensions
5 993
-
17 365
-
accident
674
-
1 953
-
total
8 952
-
25 939
-
Corporate
159 118
243 000
-
-
communal
10 740
16 403
-
-
income
23 867
36 451
-
-
surtax
1 671
2 552
-
-
total
36 278
55 406
-
-
Dividends
122 839
187 594
-
-
income
35 969
23 631
-
-
withholding
18 425
28 139
-
-
total
54 394
51 770
-
-
Income
243 000
243 000
243 000
243 000
Total tax
120 782
107 176
120 890
129 556
After tax
122 218
135 824
122 110
113 444
Living cost
53 770
53 770
53 770
53 770
Free-cash
68 448
82 054
68 340
59 674

Estimated living cost  is ₽53770 per week

₽40336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽130624
₽85811
₽91861
₽127475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
79 250
other
-
-
-
-
surtax
-
-
-
13 654
unemployment
-
-
-
225
health
-
-
-
9 375
pensions
-
-
-
26 411
total
-
-
-
128 915
Employee
33 321
-
215 203
-
other
-
-
-
-
unemployment
2 319
-
9 191
-
pensions
2 223
-
8 808
-
surtax
118
-
12 471
-
income
5 586
-
73 332
-
health
851
-
3 367
-
total
11 097
-
107 169
-
Employer
33 321
-
215 203
-
health
1 515
-
6 008
-
pensions
4 443
-
17 603
-
unemployment
1 057
-
4 185
-
other
-
-
-
-
total
7 015
-
27 796
-
Corporate
202 664
243 000
-
-
income
52 693
63 179
-
-
total
52 693
63 179
-
-
Dividends
149 972
179 821
-
-
withholding
22 496
26 973
-
-
total
22 496
26 973
-
-
Income
243 000
243 000
243 000
243 000
Total tax
93 301
90 152
134 965
128 915
After tax
149 699
152 848
108 035
114 085
Living cost
22 224
22 224
22 224
22 224
Free-cash
127 475
130 624
85 811
91 861

Estimated living cost  is ₽22224 per week

₽13418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽101074
₽82635
₽90981
₽98877
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
social contributions
-
-
-
49 521
regional
-
-
-
3 927
municipal
-
-
-
1 547
national
-
-
-
70 371
total
-
-
-
125 366
Employee
54 886
-
243 000
-
municipal
291
-
1 425
-
national
8 695
-
63 748
-
regional
739
-
3 615
-
social contributions
18 508
-
64 924
-
total
28 233
-
133 712
-
Employer
54 886
-
243 000
-
total
-
-
-
-
Corporate
188 114
243 000
-
-
municipal
9 349
12 077
-
-
nationa
45 148
58 320
-
-
total
54 497
70 397
-
-
Dividends
133 617
172 603
-
-
withholding
34 740
44 876
-
-
total
34 740
44 876
-
-
Income
243 000
243 000
243 000
243 000
Total tax
117 470
115 273
133 712
125 366
After tax
125 530
127 727
109 288
117 634
Living cost
26 653
26 653
26 653
26 653
Free-cash
98 877
101 074
82 635
90 981

Estimated living cost  is ₽26653 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽137009
₽103707
₽114542
₽126200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 222
social contributions
-
-
-
35 378
solidarity contribution
-
-
-
3 756
health
-
-
-
32 805
total
-
-
-
98 161
Employee
44 554
-
195 147
-
solidarity contribution
-
-
2 784
-
social contributions
2 896
-
7 875
-
income
5 346
-
24 139
-
health
6 015
-
26 345
-
total
14 257
-
61 143
-
Employer
44 554
-
195 147
-
health
4 010
-
17 563
-
social contributions
11 138
-
30 290
-
total
15 148
-
47 853
-
Corporate
183 298
243 000
-
-
income
34 827
46 170
-
-
total
34 827
46 170
-
-
Dividends
148 471
196 830
-
-
withholding
22 271
29 524
-
-
total
22 271
29 524
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 503
75 694
108 996
98 161
After tax
156 497
167 306
134 004
144 839
Living cost
30 297
30 297
30 297
30 297
Free-cash
126 200
137 009
103 707
114 542

Estimated living cost  is ₽30297 per week

₽22530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽102335
₽31706
₽92781
₽101848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
81 383
surtax
-
-
-
-
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
973
health
-
-
-
8 842
pensions
-
-
-
21 385
total
-
-
-
118 652
Employee
43 251
39 431
203 329
-
other
432
394
1 157
-
unemployment
1 297
1 183
3 468
-
pensions
4 429
4 037
11 837
-
income
3 853
2 908
69 229
-
health
1 673
1 527
4 473
-
total
11 684
10 049
90 164
-
Employer
43 251
39 431
203 329
-
chamber of commerce
173
158
813
-
health
1 635
1 491
4 369
-
pensions
5 428
4 949
14 507
-
accident
561
513
1 502
-
unemployment
1 297
1 183
3 468
-
surtax
-
-
-
-
payroll
1 297
1 183
6 100
-
other
2 054
1 872
8 911
-
total
12 445
11 349
39 670
-
Corporate
187 302
192 221
199 574
-
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.

46 825
48 055
49 893
-
total
46 825
48 055
49 893
-
Dividends
140 477
144 166
-
-
withholding
38 631
39 645
-
-
total
38 631
39 645
-
-
Income
243 000
243 000
243 000
243 000
Total tax
109 585
109 098
179 727
118 652
After tax
133 415
133 902
63 273
124 348
Living cost
31 567
31 567
31 567
31 567
Free-cash
101 848
102 335
31 706
92 781

Estimated living cost  is ₽31567 per week

₽18936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽218227
₽181777
₽227947
₽215860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
microenterprise

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

-
-
-
2 430
total
-
-
-
2 430
Employee
15 779
-
243 000
-
income
3 156
-
48 600
-
total
3 156
-
48 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

227 221
243 000
-
-
total
-
-
-
-
Dividends
227 221
243 000
-
-
withholding
11 361
12 150
-
-
total
11 361
12 150
-
-
Income
243 000
243 000
243 000
243 000
Total tax
14 517
12 150
48 600
2 430
After tax
228 483
230 850
194 400
240 570
Living cost
12 623
12 623
12 623
12 623
Free-cash
215 860
218 227
181 777
227 947

Estimated living cost  is ₽12623 per week

₽8542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽140767
₽78848
₽84126
₽132491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
63 683
unemployment
-
-
-
364
health
-
-
-
23 910
pensions
-
-
-
44 378
total
-
-
-
132 335
Employee

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

43 753
-
210 263
-
unemployment
62
-
295
-
pensions
6 782
-
32 590
-
income
7 545
-
58 407
-
health
2 826
-
13 583
-
total
17 215
-
104 875
-
Employer

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

43 753
-
210 263
-
health
2 914
-
14 004
-
pensions
3 872
-
18 608
-
unemployment
26
-
126
-
total
6 812
-
32 738
-
Corporate
192 434
243 000
-
-
income
36 562
46 170
-
-
total
36 562
46 170
-
-
Dividends
155 873
196 830
-
-
withholding
23 381
29 524
-
-
total
23 381
29 524
-
-
Income
243 000
243 000
243 000
243 000
Total tax
83 970
75 694
137 613
132 335
After tax
159 030
167 306
105 387
110 665
Living cost
26 539
26 539
26 539
26 539
Free-cash
132 491
140 767
78 848
84 126

Estimated living cost  is ₽26539 per week

₽18213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽104414
₽186332
₽124505
₽56540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 268
-
-
-
social contributions
5 106
-
728
-
income
13 735
-
-
-
total
18 841
-
728
-
Employer
62 268
-
-
-
social contributions
87 798
-
12 513
-
total
87 798
-
12 513
-
Corporate
92 935
243 000
-
-
income
20 446
53 460
-
-
total
20 446
53 460
-
-
Dividends
72 489
189 540
-
-
income
15 948
41 699
-
-
total
15 948
41 699
-
-
Income
243 000
243 000
243 000
243 000
Total tax
143 033
95 159
13 241
75 068
After tax
99 967
147 841
229 759
167 932
Living cost
43 427
43 427
43 427
43 427
Free-cash
56 540
104 414
186 332
124 505

Estimated living cost  is ₽43427 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽107181
₽74955
₽94692
₽106185
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 830
surtax
-
-
-
-
social contributions

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

-
-
-
84 442
total
-
-
-
117 272
Employee
45 507
-
196 363
-
surtax
-
-
614
-
social contributions
5 006
-
21 601
-
income
9 466
-
68 159
-
total
14 472
-
90 374
-
Employer
45 507
-
196 363
-
social contributions
10 808
-
46 635
-
total
10 808
-
46 635
-
Corporate
186 686
243 000
-
-
income
39 204
51 031
-
-
surtax
-
-
-
-
total
39 204
51 031
-
-
Dividends
147 482
191 969
-
-
withholding
41 295
53 752
-
-
total
41 295
53 752
-
-
Income
243 000
243 000
243 000
243 000
Total tax
105 779
104 783
137 009
117 272
After tax
137 221
138 217
105 991
125 728
Living cost
31 036
31 036
31 036
31 036
Free-cash
106 185
107 181
74 955
94 692

Estimated living cost  is ₽31036 per week

₽23221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽74682
₽74999
₽83413
₽81485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
48 139
other
-
-
-
7 533
surtax
-
-
-
-
social contributions
-
-
-
6 925
health
-
-
-
12 421
pensions
-
-
-
36 780
total
-
-
-
111 798
Employee
61 971
-
184 460
-
pensions
7 009
-
14 323
-
surtax
-
-
-
-
social contributions
1 765
-
5 256
-
income
5 407
-
42 093
-
total
14 181
-
61 672
-
Employer
61 971
-
184 460
-
health
4 337
-
18 838
-
pensions
10 183
-
23 845
-
unemployment
2 510
-
7 471
-
social contributions
186
-
554
-
other
2 139
-
7 832
-
total
19 355
-
58 540
-
Corporate
161 674
243 000
-
-
income
45 268
68 041
-
-
surtax
-
-
-
-
total
45 268
68 041
-
-
Dividends
116 406
174 959
-
-
surtax
-
-
-
-
social contributions
20 023
30 093
-
-
withholding
14 899
22 395
-
-
total
34 922
52 488
-
-
Income
243 000
243 000
243 000
243 000
Total tax
113 726
120 529
120 212
111 798
After tax
129 274
122 471
122 788
131 202
Living cost
47 789
47 789
47 789
47 789
Free-cash
81 485
74 682
74 999
83 413

Estimated living cost  is ₽47789 per week

₽32343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽188957
₽153310
₽146852
₽185634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 945
social contributions
-
-
-
53 461
total
-
-
-
66 406
Employee
31 810
-
210 391
-
income
-
-
13 664
-
social contributions
2 067
-
13 675
-
total
2 067
-
27 339
-
Employer
31 810
-
210 391
-
social contributions
4 931
-
32 609
-
total
4 931
-
32 609
-
Corporate
206 260
243 000
-
-
income
20 626
24 301
-
-
total
20 626
24 301
-
-
Dividends
185 634
218 699
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
27 624
24 301
59 948
66 406
After tax
215 376
218 699
183 052
176 594
Living cost
29 742
29 742
29 742
29 742
Free-cash
185 634
188 957
153 310
146 852

Estimated living cost  is ₽29742 per week

₽19231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
₽27531
₽27531
₽91714
₽14493
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
labour market
-
-
-
19 371
municipal
-
-
-
52 661
national
-
-
-
30 769
pensions
-
-
-
857
total
-
-
-
103 658
Employee
201 026
201 026
201 026
-
municipal
42 807
42 807
42 807
-
labour market
16 059
16 059
16 059
-
pensions
286
286
286
-
national
24 559
24 559
24 559
-
total
83 711
83 711
83 711
-
Employer
201 026
201 026
201 026
-
national
24 602
24 602
24 602
-
labour market
16 082
16 082
16 082
-
pensions
571
571
571
-
municipal
42 875
42 875
42 875
-
total
84 130
84 130
84 130
-
Corporate
27 530
-
-
-
income
6 057
-
-
-
total
6 057
-
-
-
Dividends
21 473
-
-
-
withholding
6 981
-
-
-
total
6 981
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
180 879
167 841
167 841
103 658
After tax
62 121
75 159
75 159
139 342
Living cost
47 628
47 628
47 628
47 628
Free-cash
14 493
27 531
27 531
91 714

Estimated living cost  is ₽47628 per week

₽32597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽732
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽2054
₽112587
₽144139
₽16349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
70 139
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
77 124
Employee
34 194
-
222 773
-
pensions
3 850
-
7 651
-
income
4 691
-
55 290
-
health
3 915
-
25 508
-
total
12 456
-
88 449
-
Employer
34 194
-
222 773
-
pensions
5 560
-
11 048
-
accident
571
-
3 721
-
unemployment
838
-
5 458
-
total
6 969
-
20 227
-
Corporate
201 838
243 000
-
-
income

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

181 654
218 700
-
-
total
181 654
218 700
-
-
Dividends
20 184
24 300
-
-
withholding
3 835
4 617
-
-
total
3 835
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
204 914
223 317
108 676
77 124
After tax
38 086
19 683
134 324
165 876
Living cost
21 737
21 737
21 737
21 737
Free-cash
16 349
-2 054
112 587
144 139

Estimated living cost  is ₽21737 per week

₽15822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽109724
₽80928
₽108762
₽113070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
health
-
-
-
3 329
municipal
-
-
-
43 141
national
-
-
-
49 781
total
-
-
-
96 251
Employee
52 057
-
204 425
-
municipal
8 526
-
33 268
-
unemployment
781
-
3 066
-
pensions
3 513
-
13 799
-
national
860
-
32 642
-
health
389
-
2 736
-
total
14 069
-
85 511
-
Employer
52 057
-
204 425
-
health
400
-
1 573
-
pensions
9 032
-
35 467
-
accident
53
-
205
-
unemployment
338
-
1 329
-
total
9 823
-
38 574
-
Corporate
181 121
243 000
-
-
income
36 224
48 599
-
-
total
36 224
48 599
-
-
Dividends

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

108 673
145 801
-
-
municipal
19 561
26 244
-
-
national
12 266
20 446
-
-
total
31 827
46 690
-
-
Income
243 000
243 000
243 000
243 000
Total tax
91 943
95 289
124 085
96 251
After tax
151 057
147 711
118 915
146 749
Living cost
37 987
37 987
37 987
37 987
Free-cash
113 070
109 724
80 928
108 762

Estimated living cost  is ₽37987 per week

₽24813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽154137
₽137792
₽139742
₽148753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
58 145
social contributions
-
-
-
16 009
health
-
-
-
6 196
total
-
-
-
80 350
Employee
76 083
76 083
230 224
-
social contributions
2 877
6 315
8 517
-
income
8 284
7 043
57 094
-
health
590
1 294
3 913
-
total
11 751
14 652
69 524
-
Employer
76 083
76 083
230 224
-
health
640
1 408
4 259
-
social contributions
2 877
6 315
8 517
-
total
3 517
7 723
12 776
-
Corporate
204 824
159 194
-
-
income
25 604
19 899
-
-
total
25 604
19 899
-
-
Dividends
179 221
139 294
-
-
withholding
30 467
23 681
-
-
total
30 467
23 681
-
-
Income
243 000
243 000
243 000
243 000
Total tax
71 339
65 955
82 300
80 350
After tax
171 661
177 045
160 700
162 650
Living cost
22 908
22 908
22 908
22 908
Free-cash
148 753
154 137
137 792
139 742

Estimated living cost  is ₽22908 per week

₽13729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽185519
₽172252
₽192098
₽180484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
25 290
unemployment
-
-
-
28
health
-
-
-
3 581
pensions
-
-
-
6 294
total
-
-
-
35 193
Employee

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

22 711
-
233 330
-
unemployment
113
-
469
-
pensions
3 406
-
14 082
-
income
1 553
-
22 838
-
health
1 930
-
7 980
-
total
7 002
-
45 369
-
Employer

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

22 711
-
233 330
-
health
976
-
4 037
-
pensions
1 249
-
5 164
-
unemployment
113
-
469
-
total
2 338
-
9 670
-
Corporate
217 951
243 000
-
-
income
19 616
21 871
-
-
total
19 616
21 871
-
-
Dividends
198 335
221 129
-
-
withholding
17 851
19 901
-
-
total
17 851
19 901
-
-
Income
243 000
243 000
243 000
243 000
Total tax
46 807
41 772
55 039
35 193
After tax
196 193
201 228
187 961
207 807
Living cost
15 709
15 709
15 709
15 709
Free-cash
180 484
185 519
172 252
192 098

Estimated living cost  is ₽15709 per week

₽10023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽133936
₽104241
₽108392
₽129568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
826
income
-
-
-
79 886
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
107 399
Employee
36 586
-
213 763
-
other
36
-
92
-
unemployment
567
-
1 421
-
pensions
1 720
-
4 311
-
income
7 053
-
76 489
-
total
9 376
-
82 313
-
Employer
36 586
-
213 763
-
pensions
8 633
-
21 644
-
accident
725
-
1 816
-
unemployment
2 013
-
5 043
-
other
293
-
734
-
total
11 664
-
29 237
-
Corporate
194 750
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.

29 213
36 451
-
-
total
29 213
36 451
-
-
Dividends
165 538
206 549
-
-
withholding
35 970
45 404
-
-
total
35 970
45 404
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 223
81 855
111 550
107 399
After tax
156 777
161 145
131 450
135 601
Living cost
27 209
27 209
27 209
27 209
Free-cash
129 568
133 936
104 241
108 392

Estimated living cost  is ₽27209 per week

₽18365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽149697
₽154741
₽154879
₽149380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 752
health
-
-
-
1 023
pensions
-
-
-
1 411
total
-
-
-
86 186
Employee
2 947
-
241 412
-
unemployment
29
-
71
-
pensions
265
-
635
-
income
570
-
83 678
-
health
147
-
353
-
total
1 011
-
84 737
-
Employer
2 947
-
241 412
-
health
280
-
670
-
pensions
324
-
776
-
unemployment
59
-
141
-
total
663
-
1 587
-
Corporate
239 390
243 000
-
-
income
52 666
53 460
-
-
total
52 666
53 460
-
-
Dividends
186 724
189 540
-
-
withholding
37 345
37 908
-
-
total
37 345
37 908
-
-
Income
243 000
243 000
243 000
243 000
Total tax
91 685
91 368
86 324
86 186
After tax
151 315
151 632
156 676
156 814
Living cost
1 935
1 935
1 935
1 935
Free-cash
149 380
149 697
154 741
154 879

Estimated living cost  is ₽1935 per week

₽1150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽158457
₽141634
₽141634
₽153589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
56 617
unemployment
-
-
-
1 097
health
-
-
-
7 531
pensions
-
-
-
19 011
total
-
-
-
84 256
Employee

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

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

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

25 801
-
229 912
-
unemployment
194
-
548
-
pensions
3 612
-
10 237
-
income
3 556
-
56 617
-
health
1 329
-
3 766
-
total
8 691
-
71 168
-
Employer

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

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

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

25 801
-
229 912
-
health
1 329
-
3 766
-
pensions
3 096
-
8 774
-
unemployment
194
-
548
-
total
4 619
-
13 088
-
Corporate
212 580
243 000
-
-
income
31 887
36 450
-
-
total
31 887
36 450
-
-
Dividends
180 693
206 550
-
-
withholding
27 104
30 983
-
-
total
27 104
30 983
-
-
Income
243 000
243 000
243 000
243 000
Total tax
72 301
67 433
84 256
84 256
After tax
170 699
175 567
158 744
158 744
Living cost
17 110
17 110
17 110
17 110
Free-cash
153 589
158 457
141 634
141 634

Estimated living cost  is ₽17110 per week

₽11520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽111542
₽79316
₽99053
₽111186
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 830
surtax
-
-
-
-
social contributions

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

-
-
-
84 442
total
-
-
-
117 272
Employee
38 403
-
196 363
-
surtax
-
-
614
-
social contributions
4 225
-
21 601
-
income
7 504
-
68 159
-
total
11 729
-
90 374
-
Employer
38 403
-
196 363
-
social contributions
9 120
-
46 635
-
total
9 120
-
46 635
-
Corporate
195 478
243 000
-
-
income
41 051
51 031
-
-
surtax
-
-
-
-
total
41 051
51 031
-
-
Dividends
154 427
191 969
-
-
withholding
43 239
53 752
-
-
total
43 239
53 752
-
-
Income
243 000
243 000
243 000
243 000
Total tax
105 139
104 783
137 009
117 272
After tax
137 861
138 217
105 991
125 728
Living cost
26 675
26 675
26 675
26 675
Free-cash
111 186
111 542
79 316
99 053

Estimated living cost  is ₽26675 per week

₽18893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽126372
₽96677
₽100828
₽119899
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
826
income
-
-
-
79 886
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
107 399
Employee
47 786
-
213 763
-
other
47
-
92
-
unemployment
740
-
1 421
-
pensions
2 246
-
4 311
-
income
9 981
-
76 489
-
total
13 014
-
82 313
-
Employer
47 786
-
213 763
-
pensions
11 277
-
21 644
-
accident
946
-
1 816
-
unemployment
2 629
-
5 043
-
other
383
-
734
-
total
15 235
-
29 237
-
Corporate
179 979
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.

26 997
36 451
-
-
total
26 997
36 451
-
-
Dividends
152 982
206 549
-
-
withholding
33 082
45 404
-
-
total
33 082
45 404
-
-
Income
243 000
243 000
243 000
243 000
Total tax
88 328
81 855
111 550
107 399
After tax
154 672
161 145
131 450
135 601
Living cost
34 773
34 773
34 773
34 773
Free-cash
119 899
126 372
96 677
100 828

Estimated living cost  is ₽34773 per week

₽24973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽190742
₽190569
₽180298
₽184712
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
45 679
Employee
22 540
-
236 219
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
pensions

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

1 979
-
3 035
-
income
2 254
-
23 622
-
health
1 037
-
1 590
-
total
5 518
-
28 627
-
Employer
22 540
-
236 219
-
health
1 555
-
2 385
-
pensions

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

2 484
-
3 809
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
unemployment
135
-
207
-
total
4 422
-
6 781
-
Corporate
216 037
243 000
-
-
income
21 604
24 300
-
-
total
21 604
24 300
-
-
Dividends
194 433
218 700
-
-
withholding
9 721
10 935
-
-
total
9 721
10 935
-
-
Income
243 000
243 000
243 000
243 000
Total tax
41 265
35 235
35 408
45 679
After tax
201 735
207 765
207 592
197 321
Living cost
17 023
17 023
17 023
17 023
Free-cash
184 712
190 742
190 569
180 298

Estimated living cost  is ₽17023 per week

₽11259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽86746
₽110757
₽82487
₽99691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
82 733
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.

-
-
-
4 550
health

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

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

-
-
-
6 760
trade
-
-
-
28 270
total
-
-
-
122 313
Employee

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

49 231
-
243 000
-
surtax

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

223
-
4 550
-
income

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

4 048
-
82 733
-
health

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

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

6 760
-
6 760
-
total
11 031
-
94 043
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
193 769
243 000
-
-
income
29 066
36 451
-
-
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.

1 598
2 005
-
-
chamber of commerce
434
507
-
-
trade
27 806
34 870
-
-
total
58 904
73 833
-
-
Dividends
134 865
169 167
-
-
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.

1 834
2 306
-
-
withholding
33 340
41 915
-
-
total
35 174
44 221
-
-
Income
243 000
243 000
243 000
243 000
Total tax
105 109
118 054
94 043
122 313
After tax
137 891
124 946
148 957
120 687
Living cost
38 200
38 200
38 200
38 200
Free-cash
99 691
86 746
110 757
82 487

Estimated living cost  is ₽38200 per week

₽26351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽113737
₽63658
₽63658
₽115922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 846
social contributions
-
-
-
42 133
total
-
-
-
122 979
Employee
77 397
-
243 000
-
income
14 604
-
80 846
-
social contributions
6 430
-
42 133
-
total
21 034
-
122 979
-
Employer
77 397
-
243 000
-
total
-
-
-
-
Corporate
165 603
243 000
-
-
income
20 701
30 375
-
-
total
20 701
30 375
-
-
Dividends
144 902
212 625
-
-
withholding
28 980
42 525
-
-
total
28 980
42 525
-
-
Income
243 000
243 000
243 000
243 000
Total tax
70 715
72 900
122 979
122 979
After tax
172 285
170 100
120 021
120 021
Living cost
56 363
56 363
56 363
56 363
Free-cash
115 922
113 737
63 658
63 658

Estimated living cost  is ₽56363 per week

₽42880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽116806
₽132669
₽164627
₽120264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
36 451
health

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

-
-
-
6 005
total
-
-
-
42 456
Employee
45 390
-
238 449
-
income
4 925
-
65 312
-
social contributions
4 548
-
4 551
-
total
9 473
-
69 863
-
Employer
45 390
-
238 449
-
social contributions
4 548
-
4 551
-
total
4 548
-
4 551
-
Corporate
193 063
243 000
-
-
income
67 571
85 050
-
-
total
67 571
85 050
-
-
Dividends
125 491
157 950
-
-
social contributions
5 227
5 227
-
-
total
5 227
5 227
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 819
90 277
74 414
42 456
After tax
156 181
152 723
168 586
200 544
Living cost
35 917
35 917
35 917
35 917
Free-cash
120 264
116 806
132 669
164 627

Estimated living cost  is ₽35917 per week

₽23658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽114966
₽97700
₽119309
₽120805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
76 813
pensions
-
-
-
10 258
total
-
-
-
87 071
Employee
50 266
-
211 632
-
pensions
3 837
-
12 109
-
income
9 154
-
62 405
-
health
656
-
2 799
-
total
13 647
-
77 313
-
Employer
50 266
-
211 632
-
health
955
-
4 021
-
pensions
5 078
-
27 346
-
total
6 033
-
31 367
-
Corporate
186 700
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.

35 473
46 171
-
-
total
35 473
46 171
-
-
Dividends
151 227
196 829
-
-
withholding
30 422
45 243
-
-
total
30 422
45 243
-
-
Income
243 000
243 000
243 000
243 000
Total tax
85 575
91 414
108 680
87 071
After tax
157 425
151 586
134 320
155 929
Living cost
36 620
36 620
36 620
36 620
Free-cash
120 805
114 966
97 700
119 309

Estimated living cost  is ₽36620 per week

₽25121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽4206
₽110435
₽141987
₽16018
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
70 139
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
77 124
Employee
37 578
-
222 773
-
pensions
4 231
-
7 651
-
income
5 155
-
55 290
-
health
4 303
-
25 508
-
total
13 689
-
88 449
-
Employer
37 578
-
222 773
-
pensions
6 110
-
11 048
-
accident
628
-
3 721
-
unemployment
921
-
5 458
-
total
7 659
-
20 227
-
Corporate
197 764
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.

177 987
218 700
-
-
total
177 987
218 700
-
-
Dividends
19 776
24 300
-
-
withholding
3 758
4 617
-
-
total
3 758
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
203 093
223 317
108 676
77 124
After tax
39 907
19 683
134 324
165 876
Living cost
23 889
23 889
23 889
23 889
Free-cash
16 018
-4 206
110 435
141 987

Estimated living cost  is ₽23889 per week

₽17532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽172526
₽166763
₽145001
₽169531
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
41 103
unemployment
-
-
-
1 899
work injury
-
-
-
791
health insurance
-
-
-
11 713
pensions
-
-
-
29 124
total
-
-
-
84 630
Employee

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

21 391
-
243 000
-
health insurance
1 583
-
5 857
-
unemployment
257
-
950
-
work injury
107
-
396
-
pensions
3 936
-
14 562
-
income
2 139
-
41 103
-
total
8 022
-
62 868
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
221 609
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%.

22 161
24 300
-
-
total
22 161
24 300
-
-
Dividends
199 449
218 700
-
-
withholding
29 917
32 805
-
-
total
29 917
32 805
-
-
Income
243 000
243 000
243 000
243 000
Total tax
60 100
57 105
62 868
84 630
After tax
182 900
185 895
180 132
158 370
Living cost
13 369
13 369
13 369
13 369
Free-cash
169 531
172 526
166 763
145 001

Estimated living cost  is ₽13369 per week

₽8282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽88578
₽67707
₽75837
₽84076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
social contributions
-
-
-
49 521
regional
-
-
-
6 113
municipal
-
-
-
1 741
national
-
-
-
70 371
total
-
-
-
127 746
Employee
83 377
-
243 000
-
municipal
498
-
1 604
-
national
14 090
-
63 748
-
regional
1 259
-
5 600
-
social contributions
28 114
-
64 924
-
total
43 961
-
135 876
-
Employer
83 377
-
243 000
-
total
-
-
-
-
Corporate
159 623
243 000
-
-
municipal
7 695
11 713
-
-
nationa
38 310
58 320
-
-
total
46 005
70 033
-
-
Dividends
113 619
172 967
-
-
withholding
29 541
44 972
-
-
total
29 541
44 972
-
-
Income
243 000
243 000
243 000
243 000
Total tax
119 507
115 005
135 876
127 746
After tax
123 493
127 995
107 124
115 254
Living cost
39 417
39 417
39 417
39 417
Free-cash
84 076
88 578
67 707
75 837

Estimated living cost  is ₽39417 per week

₽27688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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