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
₽93544
₽119574
₽88287
₽104097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 426
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.

-
-
-
4 589
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.

-
-
-
6 517
trade
-
-
-
31 287
total
-
-
-
125 819
Employee

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

36 486
-
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.

56
-
4 589
-
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.

1 019
-
83 426
-
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.

6 517
-
6 517
-
total
7 592
-
94 532
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
206 514
243 000
-
-
income
30 977
36 450
-
-
surtax

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

1 703
2 004
-
-
chamber of commerce
442
494
-
-
trade
32 525
38 273
-
-
total
65 647
77 221
-
-
Dividends
140 866
165 779
-
-
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.

1 917
2 259
-
-
withholding
34 853
41 082
-
-
total
36 770
43 341
-
-
Income
243 000
243 000
243 000
243 000
Total tax
110 009
120 562
94 532
125 819
After tax
132 991
122 438
148 468
117 181
Living cost
28 894
28 894
28 894
28 894
Free-cash
104 097
93 544
119 574
88 287

Estimated living cost  is ₽28894 per week

₽18175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3369
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.
₽6810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100541
₽87462
₽86158
₽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
-
-
-
243 000
social contributions
-
-
-
2 612
municipal
-
-
-
27 084
national
-
-
-
46 895
pensions
-
-
-
29 160
total
-
-
-
105 751
Employee
79 201
-
210 071
-
municipal
9 783
-
28 025
-
pensions
3 168
-
8 403
-
national
15 159
-
48 955
-
total
28 110
-
85 383
-
Employer
79 201
-
210 071
-
pensions
6 336
-
16 806
-
social contributions
851
-
2 258
-
total
7 187
-
19 064
-
Corporate
151 384
243 000
-
-
income

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

30 277
48 600
-
-
total
30 277
48 600
-
-
Dividends
121 107
194 400
-
-
withholding
26 644
42 768
-
-
total
26 644
42 768
-
-
Income
243 000
243 000
243 000
243 000
Total tax
92 218
91 368
104 447
105 751
After tax
150 782
151 632
138 553
137 249
Living cost
51 091
51 091
51 091
51 091
Free-cash
99 691
100 541
87 462
86 158

Estimated living cost  is ₽51091 per week

₽34726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽174554
₽87298
₽70449
₽166729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
54 190
surtax
-
-
-
61 966
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.

-
-
-
36 549
microenterprise
-
-
-
-
total
-
-
-
152 705
Employee
27 874
-
194 246
-
surtax
-
-
28 166
-
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.

3 067
-
12 505
-
income
4 962
-
46 430
-
total
8 029
-
87 101
-
Employer
27 874
-
194 246
-
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.

6 714
-
27 388
-
surtax
-
-
21 367
-
total
6 714
-
48 755
-
Corporate
208 411
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%.

41 682
48 600
-
-
total
41 682
48 600
-
-
Dividends

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

166 730
194 400
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
56 425
48 600
135 856
152 705
After tax
186 575
194 400
107 144
90 295
Living cost
19 846
19 846
19 846
19 846
Free-cash
166 729
174 554
87 298
70 449

Estimated living cost  is ₽19846 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81463
₽115398
₽88977
₽75618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
91 121
health
-
-
-
11 763
pensions
-
-
-
11 177
total
-
-
-
114 061
Employee
81 462
81 462
225 272
-
pensions
14 663
11 177
11 177
-
income

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

13 334
13 334
46 972
-
health
12 504
10 635
11 763
-
total
40 501
35 146
69 912
-
Employer
81 462
81 462
225 272
-
health
5 663
5 663
7 037
-
pensions
5 670
5 670
7 047
-
unemployment
2 933
2 933
3 644
-
total
14 266
14 266
17 728
-
Corporate
148 272
147 273
-
-
income
29 654
29 455
-
-
total
29 654
29 455
-
-
Dividends
118 618
117 818
-
-
income
25 206
25 036
-
-
withholding
17 793
17 672
-
-
total
42 999
42 708
-
-
Income
243 000
243 000
243 000
243 000
Total tax
127 420
121 575
87 640
114 061
After tax
115 580
121 425
155 360
128 939
Living cost
39 962
39 962
39 962
39 962
Free-cash
75 618
81 463
115 398
88 977

Estimated living cost  is ₽39962 per week

₽28320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93531
₽80351
₽81300
₽92652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
172
other
-
-
-
9 970
unemployment
-
-
-
86
health
-
-
-
5 354
municipal
-
-
-
65 051
national
-
-
-
32 645
pensions
-
-
-
9 275
total
-
-
-
122 553
Employee
55 781
-
216 043
-
municipal
16 634
-
64 424
-
national
-
-
32 120
-
total
16 634
-
96 544
-
Employer
55 781
-
216 043
-
health
3 430
-
5 276
-
pensions
6 030
-
9 275
-
accident
112
-
172
-
unemployment
1 473
-
2 265
-
other
6 482
-
9 970
-
total
17 527
-
26 958
-
Corporate
169 693
243 000
-
-
income
37 332
53 460
-
-
total
37 332
53 460
-
-
Dividends
132 361
189 540
-
-
withholding
39 708
56 862
-
-
total
39 708
56 862
-
-
Income
243 000
243 000
243 000
243 000
Total tax
111 201
110 322
123 502
122 553
After tax
131 799
132 678
119 498
120 447
Living cost
39 147
39 147
39 147
39 147
Free-cash
92 652
93 531
80 351
81 300

Estimated living cost  is ₽39147 per week

₽25945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83712
₽110993
₽78316
₽97115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 426
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.

-
-
-
4 589
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.

-
-
-
6 517
trade
-
-
-
32 677
total
-
-
-
127 209
Employee

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

48 376
-
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.

228
-
4 589
-
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.

4 156
-
83 426
-
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.

6 517
-
6 517
-
total
10 901
-
94 532
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 624
243 000
-
-
income
29 194
36 450
-
-
surtax

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

1 606
2 004
-
-
chamber of commerce
422
491
-
-
trade
32 016
39 973
-
-
total
63 238
78 918
-
-
Dividends
131 386
164 083
-
-
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.

1 787
2 236
-
-
withholding
32 484
40 659
-
-
total
34 271
42 895
-
-
Income
243 000
243 000
243 000
243 000
Total tax
108 410
121 813
94 532
127 209
After tax
134 590
121 187
148 468
115 791
Living cost
37 475
37 475
37 475
37 475
Free-cash
97 115
83 712
110 993
78 316

Estimated living cost  is ₽37475 per week

₽25063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146086
₽129463
₽131395
₽142130
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
59 033
social contributions
-
-
-
15 434
health
-
-
-
6 197
total
-
-
-
80 664
Employee
73 353
73 353
230 524
-
social contributions
3 564
6 088
8 211
-
income
7 703
6 790
57 990
-
health
730
1 247
3 919
-
total
11 997
14 125
70 120
-
Employer
73 353
73 353
230 524
-
health
795
1 358
4 265
-
social contributions
3 564
6 088
8 211
-
total
4 359
7 446
12 476
-
Corporate
195 703
162 201
-
-
income
24 462
20 275
-
-
total
24 462
20 275
-
-
Dividends
171 241
141 926
-
-
withholding
29 111
24 127
-
-
total
29 111
24 127
-
-
Income
243 000
243 000
243 000
243 000
Total tax
69 929
65 973
82 596
80 664
After tax
173 071
177 027
160 404
162 336
Living cost
30 941
30 941
30 941
30 941
Free-cash
142 130
146 086
129 463
131 395

Estimated living cost  is ₽30941 per week

₽21151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118812
₽123329
₽150798
₽119178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

25 319
10 077
203 347
-
unemployment
380
151
3 050
-
pensions
2 532
1 008
20 335
-
income
3 095
1 232
24 859
-
health
1 772
705
14 234
-
total
7 779
3 096
62 478
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 319
10 077
203 347
-
pensions
4 937
1 965
39 653
-
total
4 937
1 965
39 653
-
Corporate
212 744
230 958
-
-
income
19 147
20 786
-
-
total
19 147
20 786
-
-
Dividends
193 597
210 172
-
-
social contributions
37 636
40 868
-
-
withholding
36 783
39 933
-
-
total
74 419
80 801
-
-
Income
243 000
243 000
243 000
243 000
Total tax
106 282
106 648
102 131
74 662
After tax
136 718
136 352
140 869
168 338
Living cost
17 540
17 540
17 540
17 540
Free-cash
119 178
118 812
123 329
150 798

Estimated living cost  is ₽17540 per week

₽11969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽171359
₽117020
₽107208
₽165433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
32 563
health
-
-
-
31 589
pensions
-
-
-
48 599
total
-
-
-
112 751
Employee
27 062
-
181 614
-
unemployment
433
-
2 905
-
pensions
541
-
3 631
-
income
3 047
-
35 016
-
total
4 021
-
41 552
-
Employer
27 062
-
181 614
-
health
3 517
-
23 610
-
pensions
5 413
-
36 323
-
unemployment
217
-
1 454
-
total
9 147
-
61 387
-
Corporate
206 791
243 000
-
-
income
41 358
48 600
-
-
total
41 358
48 600
-
-
Dividends
165 433
194 400
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
54 526
48 600
102 939
112 751
After tax
188 474
194 400
140 061
130 249
Living cost
23 041
23 041
23 041
23 041
Free-cash
165 433
171 359
117 020
107 208

Estimated living cost  is ₽23041 per week

₽15804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1648
₽113199
₽144524
₽16413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
70 392
other
-
-
-
359
health
-
-
-
2 115
pensions
-
-
-
4 034
total
-
-
-
77 145
Employee
33 555
-
223 125
-
pensions
3 778
-
7 397
-
income
4 603
-
55 650
-
health
3 842
-
25 548
-
total
12 223
-
88 595
-
Employer
33 555
-
223 125
-
pensions
5 456
-
10 682
-
accident
560
-
3 726
-
unemployment
822
-
5 467
-
total
6 838
-
19 875
-
Corporate
202 606
243 000
-
-
income

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

182 346
218 700
-
-
total
182 346
218 700
-
-
Dividends
20 261
24 300
-
-
withholding
3 849
4 617
-
-
total
3 849
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
205 256
223 317
108 470
77 145
After tax
37 744
19 683
134 530
165 855
Living cost
21 331
21 331
21 331
21 331
Free-cash
16 413
-1 648
113 199
144 524

Estimated living cost  is ₽21331 per week

₽15634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽223058
₽186608
₽232778
₽221597
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 740
-
243 000
-
income
1 948
-
48 600
-
total
1 948
-
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%.

233 260
243 000
-
-
total
-
-
-
-
Dividends
233 260
243 000
-
-
withholding
11 663
12 150
-
-
total
11 663
12 150
-
-
Income
243 000
243 000
243 000
243 000
Total tax
13 611
12 150
48 600
2 430
After tax
229 389
230 850
194 400
240 570
Living cost
7 792
7 792
7 792
7 792
Free-cash
221 597
223 058
186 608
232 778

Estimated living cost  is ₽7792 per week

₽4829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽153113
₽122861
₽124801
₽146671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
44 692
other
-
-
-
6 890
health
-
-
-
6 383
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.

-
-
-
34 815
total
-
-
-
92 780
Employee
34 636
-
205 958
-
unemployment
346
-
1 450
-
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.

2 424
-
10 154
-
income
5 963
-
44 044
-
health
485
-
2 031
-
total
9 218
-
57 679
-
Employer
34 636
-
205 958
-
health
485
-
2 031
-
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.

5 889
-
24 661
-
accident
277
-
1 647
-
unemployment
346
-
1 450
-
other
1 732
-
7 252
-
total
8 729
-
37 041
-
Corporate
199 634
243 000
-
-
income
41 924
51 030
-
-
total
41 924
51 030
-
-
Dividends
157 710
191 970
-
-
withholding
11 039
13 438
-
-
total
11 039
13 438
-
-
Income
243 000
243 000
243 000
243 000
Total tax
70 910
64 468
94 720
92 780
After tax
172 090
178 532
148 280
150 220
Living cost
25 419
25 419
25 419
25 419
Free-cash
146 671
153 113
122 861
124 801

Estimated living cost  is ₽25419 per week

₽17960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87545
₽70544
₽92117
₽95165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 552
pensions
-
-
-
10 040
total
-
-
-
87 592
Employee
89 547
-
211 569
-
pensions
8 639
-
11 793
-
income
16 142
-
63 171
-
health
1 476
-
2 770
-
total
26 257
-
77 734
-
Employer
89 547
-
211 569
-
health
1 701
-
4 020
-
pensions
10 573
-
27 411
-
total
12 274
-
31 431
-
Corporate
141 179
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.

26 823
46 170
-
-
total
26 823
46 170
-
-
Dividends
114 356
196 830
-
-
withholding
19 190
45 994
-
-
total
19 190
45 994
-
-
Income
243 000
243 000
243 000
243 000
Total tax
84 544
92 164
109 165
87 592
After tax
158 456
150 836
133 835
155 408
Living cost
63 291
63 291
63 291
63 291
Free-cash
95 165
87 545
70 544
92 117

Estimated living cost  is ₽63291 per week

₽47425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽195257
₽195482
₽185145
₽190828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
133
health
-
-
-
3 832
pensions

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

-
-
-
4 932
total
-
-
-
45 347
Employee
16 563
-
236 462
-
accident

We are using the highest rate at 1.1%.

182
-
367
-
pensions

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

1 454
-
2 926
-
income
1 656
-
23 646
-
health
762
-
1 533
-
total
4 054
-
28 472
-
Employer
16 563
-
236 462
-
health
1 143
-
2 299
-
pensions

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

1 825
-
3 672
-
accident

We are using the highest rate at 1.1%.

182
-
367
-
unemployment
99
-
200
-
total
3 249
-
6 538
-
Corporate
223 188
243 000
-
-
income
22 318
24 300
-
-
total
22 318
24 300
-
-
Dividends
200 869
218 700
-
-
withholding
10 043
10 935
-
-
total
10 043
10 935
-
-
Income
243 000
243 000
243 000
243 000
Total tax
39 664
35 235
35 010
45 347
After tax
203 336
207 765
207 990
197 653
Living cost
12 508
12 508
12 508
12 508
Free-cash
190 828
195 257
195 482
185 145

Estimated living cost  is ₽12508 per week

₽7302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3981
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68528
₽102463
₽76042
₽70927
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
91 121
health
-
-
-
11 763
pensions
-
-
-
11 177
total
-
-
-
114 061
Employee
88 442
81 462
225 272
-
pensions
11 177
11 177
11 177
-
income

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

13 334
13 334
46 972
-
health
11 034
10 635
11 763
-
total
35 545
35 146
69 912
-
Employer
88 442
81 462
225 272
-
health
6 146
5 663
7 037
-
pensions
6 155
5 670
7 047
-
unemployment
3 184
2 933
3 644
-
total
15 485
14 266
17 728
-
Corporate
139 073
147 273
-
-
income
27 815
29 455
-
-
total
27 815
29 455
-
-
Dividends
111 258
117 818
-
-
income
23 642
25 036
-
-
withholding
16 689
17 672
-
-
total
40 331
42 708
-
-
Income
243 000
243 000
243 000
243 000
Total tax
119 176
121 575
87 640
114 061
After tax
123 824
121 425
155 360
128 939
Living cost
52 897
52 897
52 897
52 897
Free-cash
70 927
68 528
102 463
76 042

Estimated living cost  is ₽52897 per week

₽39020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽143568
₽110834
₽121761
₽135099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 406
social contributions
-
-
-
34 157
solidarity contribution
-
-
-
4 134
health
-
-
-
32 805
total
-
-
-
97 502
Employee
34 907
-
196 107
-
solidarity contribution
-
-
3 154
-
social contributions
2 269
-
7 603
-
income
4 189
-
24 304
-
health
4 713
-
26 474
-
total
11 171
-
61 535
-
Employer
34 907
-
196 107
-
health
3 142
-
17 650
-
social contributions
8 727
-
29 244
-
total
11 869
-
46 894
-
Corporate
196 224
243 000
-
-
income
37 283
46 170
-
-
total
37 283
46 170
-
-
Dividends
158 942
196 830
-
-
withholding
23 841
29 525
-
-
total
23 841
29 525
-
-
Income
243 000
243 000
243 000
243 000
Total tax
84 164
75 695
108 429
97 502
After tax
158 836
167 305
134 571
145 498
Living cost
23 737
23 737
23 737
23 737
Free-cash
135 099
143 568
110 834
121 761

Estimated living cost  is ₽23737 per week

₽16488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89396
₽70551
₽78637
₽84417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 744
regional
-
-
-
3 208
municipal
-
-
-
1 562
national
-
-
-
71 596
total
-
-
-
124 110
Employee
84 780
-
243 000
-
municipal
449
-
1 443
-
national
14 690
-
65 210
-
regional
800
-
2 949
-
social contributions
28 588
-
62 594
-
total
44 527
-
132 196
-
Employer
84 780
-
243 000
-
total
-
-
-
-
Corporate
158 220
243 000
-
-
municipal
6 171
9 477
-
-
nationa
37 972
58 320
-
-
total
44 143
67 797
-
-
Dividends
114 077
175 203
-
-
withholding
29 660
45 554
-
-
total
29 660
45 554
-
-
Income
243 000
243 000
243 000
243 000
Total tax
118 330
113 351
132 196
124 110
After tax
124 670
129 649
110 804
118 890
Living cost
40 253
40 253
40 253
40 253
Free-cash
84 417
89 396
70 551
78 637

Estimated living cost  is ₽40253 per week

₽28059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131797
₽87118
₽92950
₽128827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 331
other
-
-
-
-
surtax
-
-
-
13 950
unemployment
-
-
-
217
health
-
-
-
9 039
pensions
-
-
-
25 463
total
-
-
-
129 000
Employee
31 546
-
216 201
-
other
-
-
-
-
unemployment
2 196
-
8 861
-
pensions
2 104
-
8 492
-
surtax
103
-
12 809
-
income
5 288
-
74 625
-
health
806
-
3 246
-
total
10 497
-
108 033
-
Employer
31 546
-
216 201
-
health
1 436
-
5 793
-
pensions
4 205
-
16 971
-
unemployment
999
-
4 035
-
other
-
-
-
-
total
6 640
-
26 799
-
Corporate
204 814
243 000
-
-
income
53 251
63 180
-
-
total
53 251
63 180
-
-
Dividends
151 563
179 820
-
-
withholding
22 735
26 973
-
-
total
22 735
26 973
-
-
Income
243 000
243 000
243 000
243 000
Total tax
93 123
90 153
134 832
129 000
After tax
149 877
152 847
108 168
114 000
Living cost
21 050
21 050
21 050
21 050
Free-cash
128 827
131 797
87 118
92 950

Estimated living cost  is ₽21050 per week

₽12871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽107597
₽90596
₽112169
₽113850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 552
pensions
-
-
-
10 040
total
-
-
-
87 592
Employee
60 012
-
211 569
-
pensions
5 094
-
11 793
-
income
10 808
-
63 171
-
health
871
-
2 770
-
total
16 773
-
77 734
-
Employer
60 012
-
211 569
-
health
1 140
-
4 020
-
pensions
6 496
-
27 411
-
total
7 636
-
31 431
-
Corporate
175 351
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.

33 317
46 170
-
-
total
33 317
46 170
-
-
Dividends
142 034
196 830
-
-
withholding
28 185
45 994
-
-
total
28 185
45 994
-
-
Income
243 000
243 000
243 000
243 000
Total tax
85 911
92 164
109 165
87 592
After tax
157 089
150 836
133 835
155 408
Living cost
43 239
43 239
43 239
43 239
Free-cash
113 850
107 597
90 596
112 169

Estimated living cost  is ₽43239 per week

₽32394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34712
₽107209
₽114962
₽67402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 861
regional
-
-
-
14 147
health
-
-
-
548
city
-
-
-
2 561
national
-
-
-
7 156
pensions
-
-
-
22 358
total
-
-
-
51 631
Employee
89 415
-
219 163
-
unemployment
-
-
-
-
pensions
7 512
-
16 551
-
national
423
-
5 869
-
regional
2 928
-
12 667
-
city
960
-
2 376
-
health
202
-
493
-
total
12 025
-
37 956
-
Employer
89 415
-
219 163
-
health
202
-
493
-
pensions
7 512
-
16 551
-
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.

1 788
-
4 384
-
total
9 502
-
21 428
-
Corporate
143 100
243 000
-
-
regional
30 266
51 395
-
-
national
12 163
20 654
-
-
total
42 429
72 049
-
-
Dividends
100 670
170 950
-
-
withholding
35 235
59 832
-
-
total
35 235
59 832
-
-
Income
243 000
243 000
243 000
243 000
Total tax
99 191
131 881
59 384
51 631
After tax
143 809
111 119
183 616
191 369
Living cost
76 407
76 407
76 407
76 407
Free-cash
67 402
34 712
107 209
114 962

Estimated living cost  is ₽76407 per week

₽49686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽76240
₽104768
₽70700
₽91707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 426
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.

-
-
-
4 589
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.

-
-
-
6 517
trade
-
-
-
34 068
total
-
-
-
128 600
Employee

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

57 330
-
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.

371
-
4 589
-
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.

6 741
-
83 426
-
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.

6 517
-
6 517
-
total
13 629
-
94 532
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
185 670
243 000
-
-
income
27 851
36 450
-
-
surtax

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

1 531
2 004
-
-
chamber of commerce
406
487
-
-
trade
31 843
41 674
-
-
total
61 631
80 615
-
-
Dividends
124 039
162 385
-
-
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.

1 685
2 212
-
-
withholding
30 648
40 233
-
-
total
32 333
42 445
-
-
Income
243 000
243 000
243 000
243 000
Total tax
107 593
123 060
94 532
128 600
After tax
135 407
119 940
148 468
114 400
Living cost
43 700
43 700
43 700
43 700
Free-cash
91 707
76 240
104 768
70 700

Estimated living cost  is ₽43700 per week

₽31917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89835
₽88952
₽97877
₽95472
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 231
other
-
-
-
7 533
surtax
-
-
-
-
social contributions
-
-
-
6 922
health
-
-
-
12 616
pensions
-
-
-
36 184
total
-
-
-
112 486
Employee
40 827
-
184 112
-
pensions
4 616
-
14 444
-
surtax
-
-
-
-
social contributions
1 164
-
5 246
-
income
2 409
-
42 832
-
total
8 189
-
62 522
-
Employer
40 827
-
184 112
-
health
2 858
-
18 978
-
pensions
6 707
-
24 021
-
unemployment
1 653
-
7 457
-
social contributions
123
-
552
-
other
1 408
-
7 881
-
total
12 749
-
58 889
-
Corporate
189 423
243 000
-
-
income
53 039
68 039
-
-
surtax
-
-
-
-
total
53 039
68 039
-
-
Dividends
136 384
174 961
-
-
surtax
-
-
-
-
social contributions
23 458
30 094
-
-
withholding
17 456
22 395
-
-
total
40 914
52 489
-
-
Income
243 000
243 000
243 000
243 000
Total tax
114 891
120 528
121 411
112 486
After tax
128 109
122 472
121 589
130 514
Living cost
32 637
32 637
32 637
32 637
Free-cash
95 472
89 835
88 952
97 877

Estimated living cost  is ₽32637 per week

₽20579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8850
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93068
₽92185
₽101110
₽98368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 231
other
-
-
-
7 533
surtax
-
-
-
-
social contributions
-
-
-
6 922
health
-
-
-
12 616
pensions
-
-
-
36 184
total
-
-
-
112 486
Employee
36 444
-
184 112
-
pensions
4 122
-
14 444
-
surtax
-
-
-
-
social contributions
1 039
-
5 246
-
income
1 879
-
42 832
-
total
7 040
-
62 522
-
Employer
36 444
-
184 112
-
health
2 551
-
18 978
-
pensions
5 988
-
24 021
-
unemployment
1 475
-
7 457
-
social contributions
109
-
552
-
other
1 258
-
7 881
-
total
11 381
-
58 889
-
Corporate
195 175
243 000
-
-
income
54 649
68 039
-
-
surtax
-
-
-
-
total
54 649
68 039
-
-
Dividends
140 526
174 961
-
-
surtax
-
-
-
-
social contributions
24 171
30 094
-
-
withholding
17 987
22 395
-
-
total
42 158
52 489
-
-
Income
243 000
243 000
243 000
243 000
Total tax
115 228
120 528
121 411
112 486
After tax
127 772
122 472
121 589
130 514
Living cost
29 404
29 404
29 404
29 404
Free-cash
98 368
93 068
92 185
101 110

Estimated living cost  is ₽29404 per week

₽17053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128024
₽128612
₽135826
₽128520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
33 534
health
-
-
-
16 962
total
-
-
-
86 946
Employee
32 344
-
243 000
-
social contributions
4 464
-
33 534
-
income
5 395
-
43 664
-
health
2 257
-
16 962
-
total
12 116
-
94 160
-
Employer
32 344
-
243 000
-
total
-
-
-
-
Corporate
210 656
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%.

10 532
12 151
-
-
total
10 532
12 151
-
-
Dividends
200 124
230 849
-
-
social contributions
27 618
31 857
-
-
withholding
30 018
34 627
-
-
health
13 968
16 113
-
-
total
71 604
82 597
-
-
Income
243 000
243 000
243 000
243 000
Total tax
94 252
94 748
94 160
86 946
After tax
148 748
148 252
148 840
156 054
Living cost
20 228
20 228
20 228
20 228
Free-cash
128 520
128 024
128 612
135 826

Estimated living cost  is ₽20228 per week

₽13537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100124
₽29377
₽90410
₽98648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 824
surtax
-
-
-
188
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
972
health
-
-
-
8 525
pensions
-
-
-
20 617
total
-
-
-
118 977
Employee
47 673
38 016
203 983
-
other
476
380
1 115
-
unemployment
1 430
1 140
3 344
-
pensions
4 882
3 892
11 412
-
income
5 427
2 804
70 720
-
health
1 845
1 472
4 312
-
total
14 060
9 688
90 903
-
Employer
47 673
38 016
203 983
-
chamber of commerce
190
152
816
-
health
1 801
1 437
4 213
-
pensions
5 983
4 772
13 986
-
accident
619
494
1 448
-
unemployment
1 430
1 140
3 344
-
surtax
188
188
188
-
payroll
1 430
1 140
6 119
-
other
2 265
1 805
8 903
-
total
13 906
11 128
39 017
-
Corporate
181 420
193 855
200 363
-
income

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

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

45 355
48 463
50 090
-
total
45 355
48 463
50 090
-
Dividends
136 065
145 392
-
-
withholding
37 418
39 984
-
-
total
37 418
39 984
-
-
Income
243 000
243 000
243 000
243 000
Total tax
110 739
109 263
180 010
118 977
After tax
132 261
133 737
62 990
124 023
Living cost
33 613
33 613
33 613
33 613
Free-cash
98 648
100 124
29 377
90 410

Estimated living cost  is ₽33613 per week

₽22418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96982
₽46585
₽71053
₽86657
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
13 153
social contributions
-
-
-
23 783
national
-
-
-
100 229
total
-
-
-
137 165
Employee

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

68 236
-
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.

594
-
1 638
-
communal

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

3 559
-
9 817
-
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.

5 118
-
14 117
-
national
20 978
-
72 425
-
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.

3 206
-
8 847
-
total
33 455
-
106 844
-
Employer

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

68 236
-
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.

4 196
-
11 575
-
pensions

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

6 046
-
16 676
-
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.

887
-
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.

996
-
2 748
-
surtax
7 737
-
21 343
-
total
19 862
-
54 789
-
Corporate
154 902
243 000
-
-
income
30 981
54 178
-
-
surtax
619
1 084
-
-
total
31 600
55 262
-
-
Dividends
123 302
187 738
-
-
withholding

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

36 644
55 974
-
-
total
36 644
55 974
-
-
Income
243 000
243 000
243 000
243 000
Total tax
121 561
111 236
161 633
137 165
After tax
121 439
131 764
81 367
105 835
Living cost
34 782
34 782
34 782
34 782
Free-cash
86 657
96 982
46 585
71 053

Estimated living cost  is ₽34782 per week

₽22404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽126620
₽97079
₽101080
₽120085
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
797
income
-
-
-
80 942
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
107 469
Employee
47 485
-
214 812
-
other
47
-
89
-
unemployment
737
-
1 370
-
pensions
2 232
-
4 156
-
income
10 019
-
77 667
-
total
13 035
-
83 282
-
Employer
47 485
-
214 812
-
pensions
11 206
-
20 867
-
accident
940
-
1 751
-
unemployment
2 612
-
4 862
-
other
378
-
708
-
total
15 136
-
28 188
-
Corporate
180 380
243 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

27 056
36 450
-
-
total
27 056
36 450
-
-
Dividends
153 323
206 550
-
-
withholding
33 237
45 479
-
-
total
33 237
45 479
-
-
Income
243 000
243 000
243 000
243 000
Total tax
88 464
81 929
111 470
107 469
After tax
154 536
161 071
131 530
135 531
Living cost
34 451
34 451
34 451
34 451
Free-cash
120 085
126 620
97 079
101 080

Estimated living cost  is ₽34451 per week

₽25369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83283
₽69506
₽62018
₽70165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 358
accident
-
-
-
1 904
income
-
-
-
49 827
surtax
-
-
-
12 321
health
-
-
-
15 872
pensions
-
-
-
33 859
total
-
-
-
129 141
Employee
72 241
-
217 062
-
pensions
5 778
-
17 364
-
surtax
4 428
-
13 302
-
income
6 978
-
55 390
-
health
3 215
-
9 660
-
total
20 399
-
95 716
-
Employer
72 241
-
217 062
-
health
2 203
-
6 620
-
pensions
5 778
-
17 364
-
accident
650
-
1 953
-
total
8 631
-
25 937
-
Corporate
162 128
243 000
-
-
communal
10 943
16 403
-
-
income
24 319
36 450
-
-
surtax
1 702
2 551
-
-
total
36 964
55 404
-
-
Dividends
125 164
187 597
-
-
income
36 226
24 333
-
-
withholding
18 774
28 139
-
-
total
55 000
52 472
-
-
Income
243 000
243 000
243 000
243 000
Total tax
120 994
107 876
121 653
129 141
After tax
122 006
135 124
121 347
113 859
Living cost
51 841
51 841
51 841
51 841
Free-cash
70 165
83 283
69 506
62 018

Estimated living cost  is ₽51841 per week

₽38888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽131421
₽86742
₽92574
₽128387
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
80 331
other
-
-
-
-
surtax
-
-
-
13 950
unemployment
-
-
-
217
health
-
-
-
9 039
pensions
-
-
-
25 463
total
-
-
-
129 000
Employee
32 125
-
216 201
-
other
-
-
-
-
unemployment
2 236
-
8 861
-
pensions
2 143
-
8 492
-
surtax
114
-
12 809
-
income
5 386
-
74 625
-
health
820
-
3 246
-
total
10 699
-
108 033
-
Employer
32 125
-
216 201
-
health
1 461
-
5 793
-
pensions
4 283
-
16 971
-
unemployment
1 019
-
4 035
-
other
-
-
-
-
total
6 763
-
26 799
-
Corporate
204 112
243 000
-
-
income
53 068
63 180
-
-
total
53 068
63 180
-
-
Dividends
151 043
179 820
-
-
withholding
22 657
26 973
-
-
total
22 657
26 973
-
-
Income
243 000
243 000
243 000
243 000
Total tax
93 187
90 153
134 832
129 000
After tax
149 813
152 847
108 168
114 000
Living cost
21 426
21 426
21 426
21 426
Free-cash
128 387
131 421
86 742
92 574

Estimated living cost  is ₽21426 per week

₽12936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6131
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102030
₽84393
₽92437
₽99909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 744
regional
-
-
-
3 964
municipal
-
-
-
1 562
national
-
-
-
71 596
total
-
-
-
124 866
Employee
52 916
-
243 000
-
municipal
281
-
1 443
-
national
8 383
-
65 210
-
regional
712
-
3 663
-
social contributions
17 844
-
62 594
-
total
27 220
-
132 910
-
Employer
52 916
-
243 000
-
total
-
-
-
-
Corporate
190 084
243 000
-
-
municipal
9 448
12 076
-
-
nationa
45 621
58 320
-
-
total
55 069
70 396
-
-
Dividends
135 015
172 604
-
-
withholding
35 105
44 877
-
-
total
35 105
44 877
-
-
Income
243 000
243 000
243 000
243 000
Total tax
117 394
115 273
132 910
124 866
After tax
125 606
127 727
110 090
118 134
Living cost
25 697
25 697
25 697
25 697
Free-cash
99 909
102 030
84 393
92 437

Estimated living cost  is ₽25697 per week

₽15981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽138055
₽105321
₽116248
₽127621
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 406
social contributions
-
-
-
34 157
solidarity contribution
-
-
-
4 134
health
-
-
-
32 805
total
-
-
-
97 502
Employee
43 015
-
196 107
-
solidarity contribution
-
-
3 154
-
social contributions
2 796
-
7 603
-
income
5 162
-
24 304
-
health
5 807
-
26 474
-
total
13 765
-
61 535
-
Employer
43 015
-
196 107
-
health
3 871
-
17 650
-
social contributions
10 754
-
29 244
-
total
14 625
-
46 894
-
Corporate
185 360
243 000
-
-
income
35 218
46 170
-
-
total
35 218
46 170
-
-
Dividends
150 142
196 830
-
-
withholding
22 521
29 525
-
-
total
22 521
29 525
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 129
75 695
108 429
97 502
After tax
156 871
167 305
134 571
145 498
Living cost
29 250
29 250
29 250
29 250
Free-cash
127 621
138 055
105 321
116 248

Estimated living cost  is ₽29250 per week

₽21752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5371
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽103406
₽32599
₽93777
₽102932
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
82 824
surtax
-
-
-
-
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
972
health
-
-
-
8 525
pensions
-
-
-
20 617
total
-
-
-
118 789
Employee
41 699
38 016
204 161
-
other
416
380
1 115
-
unemployment
1 251
1 140
3 344
-
pensions
4 270
3 892
11 412
-
income
3 715
2 804
70 809
-
health
1 613
1 472
4 312
-
total
11 265
9 688
90 992
-
Employer
41 699
38 016
204 161
-
chamber of commerce
167
152
816
-
health
1 577
1 437
4 213
-
pensions
5 234
4 772
13 986
-
accident
541
494
1 448
-
unemployment
1 251
1 140
3 344
-
surtax
-
-
-
-
payroll
1 251
1 140
6 124
-
other
1 980
1 805
8 908
-
total
12 001
10 940
38 839
-
Corporate
189 300
194 043
200 540
-
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.

47 326
48 510
50 136
-
total
47 326
48 510
50 136
-
Dividends
141 974
145 533
-
-
withholding
39 042
40 022
-
-
total
39 042
40 022
-
-
Income
243 000
243 000
243 000
243 000
Total tax
109 634
109 160
179 967
118 789
After tax
133 366
133 840
63 033
124 211
Living cost
30 434
30 434
30 434
30 434
Free-cash
102 932
103 406
32 599
93 777

Estimated living cost  is ₽30434 per week

₽18257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽218708
₽182258
₽228428
₽216431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 178
-
243 000
-
income
3 036
-
48 600
-
total
3 036
-
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%.

227 822
243 000
-
-
total
-
-
-
-
Dividends
227 822
243 000
-
-
withholding
11 391
12 150
-
-
total
11 391
12 150
-
-
Income
243 000
243 000
243 000
243 000
Total tax
14 427
12 150
48 600
2 430
After tax
228 573
230 850
194 400
240 570
Living cost
12 142
12 142
12 142
12 142
Free-cash
216 431
218 708
182 258
228 428

Estimated living cost  is ₽12142 per week

₽8217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141720
₽78958
₽84234
₽133739
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
64 528
unemployment
-
-
-
364
health
-
-
-
23 910
pensions
-
-
-
44 377
total
-
-
-
133 179
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.

42 183
-
210 263
-
unemployment
60
-
295
-
pensions
6 539
-
32 590
-
income
7 274
-
59 251
-
health
2 724
-
13 582
-
total
16 597
-
105 718
-
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.

42 183
-
210 263
-
health
2 810
-
14 002
-
pensions
3 733
-
18 608
-
unemployment
25
-
127
-
total
6 568
-
32 737
-
Corporate
194 249
243 000
-
-
income
36 908
46 169
-
-
total
36 908
46 169
-
-
Dividends
157 341
196 831
-
-
withholding
23 601
29 524
-
-
total
23 601
29 524
-
-
Income
243 000
243 000
243 000
243 000
Total tax
83 674
75 693
138 455
133 179
After tax
159 326
167 307
104 545
109 821
Living cost
25 587
25 587
25 587
25 587
Free-cash
133 739
141 720
78 958
84 234

Estimated living cost  is ₽25587 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽106475
₽189022
₽126566
₽60874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
59 313
-
-
-
social contributions
4 864
-
693
-
income
13 083
-
-
-
total
17 947
-
693
-
Employer
59 313
-
-
-
social contributions
83 631
-
11 919
-
total
83 631
-
11 919
-
Corporate
100 056
243 000
-
-
income
22 012
53 460
-
-
total
22 012
53 460
-
-
Dividends
78 043
189 540
-
-
income
17 170
41 699
-
-
total
17 170
41 699
-
-
Income
243 000
243 000
243 000
243 000
Total tax
140 760
95 159
12 612
75 068
After tax
102 240
147 841
230 388
167 932
Living cost
41 366
41 366
41 366
41 366
Free-cash
60 874
106 475
189 022
126 566

Estimated living cost  is ₽41366 per week

₽26840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10108
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽108296
₽75370
₽95406
₽107336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 230
surtax
-
-
-
-
social contributions

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

-
-
-
84 442
total
-
-
-
117 672
Employee
43 874
-
196 364
-
surtax
-
-
748
-
social contributions
4 826
-
21 600
-
income
9 126
-
68 724
-
total
13 952
-
91 072
-
Employer
43 874
-
196 364
-
social contributions
10 420
-
46 636
-
total
10 420
-
46 636
-
Corporate
188 706
243 000
-
-
income
39 629
51 030
-
-
surtax
-
-
-
-
total
39 629
51 030
-
-
Dividends
149 078
191 970
-
-
withholding
41 741
53 752
-
-
total
41 741
53 752
-
-
Income
243 000
243 000
243 000
243 000
Total tax
105 742
104 782
137 708
117 672
After tax
137 258
138 218
105 292
125 328
Living cost
29 922
29 922
29 922
29 922
Free-cash
107 336
108 296
75 370
95 406

Estimated living cost  is ₽29922 per week

₽22388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76398
₽75515
₽84440
₽82955
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 231
other
-
-
-
7 533
surtax
-
-
-
-
social contributions
-
-
-
6 922
health
-
-
-
12 616
pensions
-
-
-
36 184
total
-
-
-
112 486
Employee
59 747
-
184 112
-
pensions
6 758
-
14 444
-
surtax
-
-
-
-
social contributions
1 702
-
5 246
-
income
5 213
-
42 832
-
total
13 673
-
62 522
-
Employer
59 747
-
184 112
-
health
4 182
-
18 978
-
pensions
9 817
-
24 021
-
unemployment
2 420
-
7 457
-
social contributions
179
-
552
-
other
2 062
-
7 881
-
total
18 660
-
58 889
-
Corporate
164 593
243 000
-
-
income
46 086
68 039
-
-
surtax
-
-
-
-
total
46 086
68 039
-
-
Dividends
118 507
174 961
-
-
surtax
-
-
-
-
social contributions
20 384
30 094
-
-
withholding
15 168
22 395
-
-
total
35 552
52 489
-
-
Income
243 000
243 000
243 000
243 000
Total tax
113 971
120 528
121 411
112 486
After tax
129 029
122 472
121 589
130 514
Living cost
46 074
46 074
46 074
46 074
Free-cash
82 955
76 398
75 515
84 440

Estimated living cost  is ₽46074 per week

₽31182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽190026
₽154160
₽147705
₽186820
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
13 161
social contributions
-
-
-
53 459
total
-
-
-
66 620
Employee
30 668
-
210 390
-
income
-
-
13 878
-
social contributions
1 993
-
13 677
-
total
1 993
-
27 555
-
Employer
30 668
-
210 390
-
social contributions
4 754
-
32 610
-
total
4 754
-
32 610
-
Corporate
207 578
243 000
-
-
income
20 758
24 299
-
-
total
20 758
24 299
-
-
Dividends
186 820
218 701
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
27 505
24 299
60 165
66 620
After tax
215 495
218 701
182 835
176 380
Living cost
28 675
28 675
28 675
28 675
Free-cash
186 820
190 026
154 160
147 705

Estimated living cost  is ₽28675 per week

₽18541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2161
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.
₽7433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35348
₽35348
₽93076
₽17954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 374
municipal
-
-
-
52 849
national
-
-
-
30 975
pensions
-
-
-
826
total
-
-
-
104 024
Employee
193 732
193 732
193 732
-
municipal
41 254
41 254
41 254
-
labour market
15 476
15 476
15 476
-
pensions
275
275
275
-
national
23 668
23 668
23 668
-
total
80 673
80 673
80 673
-
Employer
193 732
193 732
193 732
-
national
23 709
23 709
23 709
-
labour market
15 499
15 499
15 499
-
pensions
551
551
551
-
municipal
41 320
41 320
41 320
-
total
81 079
81 079
81 079
-
Corporate
35 348
-
-
-
income
7 777
-
-
-
total
7 777
-
-
-
Dividends
27 572
-
-
-
withholding
9 617
-
-
-
total
9 617
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
179 146
161 752
161 752
104 024
After tax
63 854
81 248
81 248
138 976
Living cost
45 900
45 900
45 900
45 900
Free-cash
17 954
35 348
35 348
93 076

Estimated living cost  is ₽45900 per week

₽31414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1334
₽113513
₽144838
₽16457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
70 392
other
-
-
-
359
health
-
-
-
2 115
pensions
-
-
-
4 034
total
-
-
-
77 145
Employee
33 061
-
223 125
-
pensions
3 723
-
7 397
-
income
4 536
-
55 650
-
health
3 786
-
25 548
-
total
12 045
-
88 595
-
Employer
33 061
-
223 125
-
pensions
5 376
-
10 682
-
accident
552
-
3 726
-
unemployment
810
-
5 467
-
total
6 738
-
19 875
-
Corporate
203 202
243 000
-
-
income

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

182 882
218 700
-
-
total
182 882
218 700
-
-
Dividends
20 320
24 300
-
-
withholding
3 861
4 617
-
-
total
3 861
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
205 526
223 317
108 470
77 145
After tax
37 474
19 683
134 530
165 855
Living cost
21 017
21 017
21 017
21 017
Free-cash
16 457
-1 334
113 513
144 838

Estimated living cost  is ₽21017 per week

₽15298
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1198
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽110183
₽81380
₽109214
₽113934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 344
municipal
-
-
-
43 139
national
-
-
-
50 679
total
-
-
-
97 162
Employee
50 189
-
204 425
-
municipal
8 220
-
33 266
-
unemployment
753
-
3 067
-
pensions
3 387
-
13 798
-
national
829
-
33 539
-
health
375
-
2 750
-
total
13 564
-
86 420
-
Employer
50 189
-
204 425
-
health
386
-
1 575
-
pensions
8 707
-
35 467
-
accident
51
-
205
-
unemployment
326
-
1 329
-
total
9 470
-
38 576
-
Corporate
183 342
243 000
-
-
income
36 669
48 600
-
-
total
36 669
48 600
-
-
Dividends

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

110 005
145 800
-
-
municipal
19 801
26 244
-
-
national
12 938
21 349
-
-
total
32 739
47 593
-
-
Income
243 000
243 000
243 000
243 000
Total tax
92 442
96 193
124 996
97 162
After tax
150 558
146 807
118 004
145 838
Living cost
36 624
36 624
36 624
36 624
Free-cash
113 934
110 183
81 380
109 214

Estimated living cost  is ₽36624 per week

₽23923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154941
₽138318
₽140250
₽149750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
59 033
social contributions
-
-
-
15 434
health
-
-
-
6 197
total
-
-
-
80 664
Employee
73 353
73 353
230 524
-
social contributions
2 773
6 088
8 211
-
income
7 987
6 790
57 990
-
health
568
1 247
3 919
-
total
11 328
14 125
70 120
-
Employer
73 353
73 353
230 524
-
health
617
1 358
4 265
-
social contributions
2 773
6 088
8 211
-
total
3 390
7 446
12 476
-
Corporate
206 194
162 201
-
-
income
25 775
20 275
-
-
total
25 775
20 275
-
-
Dividends
180 420
141 926
-
-
withholding
30 671
24 127
-
-
total
30 671
24 127
-
-
Income
243 000
243 000
243 000
243 000
Total tax
71 164
65 973
82 596
80 664
After tax
171 836
177 027
160 404
162 336
Living cost
22 086
22 086
22 086
22 086
Free-cash
149 750
154 941
138 318
140 250

Estimated living cost  is ₽22086 per week

₽13237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽186082
₽173829
₽192965
₽181229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 342
unemployment
-
-
-
27
health
-
-
-
3 452
pensions
-
-
-
6 068
total
-
-
-
34 889
Employee

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

21 896
-
233 677
-
unemployment
109
-
453
-
pensions
3 284
-
13 577
-
income
1 497
-
22 978
-
health
1 861
-
7 694
-
total
6 751
-
44 702
-
Employer

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

21 896
-
233 677
-
health
941
-
3 892
-
pensions
1 204
-
4 978
-
unemployment
109
-
453
-
total
2 254
-
9 323
-
Corporate
218 850
243 000
-
-
income
19 696
21 870
-
-
total
19 696
21 870
-
-
Dividends
199 154
221 130
-
-
withholding
17 924
19 902
-
-
total
17 924
19 902
-
-
Income
243 000
243 000
243 000
243 000
Total tax
46 625
41 772
54 025
34 889
After tax
196 375
201 228
188 975
208 111
Living cost
15 146
15 146
15 146
15 146
Free-cash
181 229
186 082
173 829
192 965

Estimated living cost  is ₽15146 per week

₽9663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽134839
₽105298
₽109299
₽130625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
797
income
-
-
-
80 942
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
107 469
Employee
35 273
-
214 812
-
other
34
-
89
-
unemployment
547
-
1 370
-
pensions
1 658
-
4 156
-
income
6 800
-
77 667
-
total
9 039
-
83 282
-
Employer
35 273
-
214 812
-
pensions
8 324
-
20 867
-
accident
699
-
1 751
-
unemployment
1 941
-
4 862
-
other
282
-
708
-
total
11 246
-
28 188
-
Corporate
196 482
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.

29 473
36 450
-
-
total
29 473
36 450
-
-
Dividends
167 009
206 550
-
-
withholding
36 385
45 479
-
-
total
36 385
45 479
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 143
81 929
111 470
107 469
After tax
156 857
161 071
131 530
135 531
Living cost
26 232
26 232
26 232
26 232
Free-cash
130 625
134 839
105 298
109 299

Estimated living cost  is ₽26232 per week

₽17706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149776
₽154872
₽155004
₽149471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 804
health
-
-
-
982
pensions
-
-
-
1 354
total
-
-
-
86 140
Employee
2 827
-
241 477
-
unemployment
28
-
68
-
pensions
254
-
609
-
income
547
-
83 733
-
health
141
-
339
-
total
970
-
84 749
-
Employer
2 827
-
241 477
-
health
269
-
643
-
pensions
311
-
745
-
unemployment
57
-
135
-
total
637
-
1 523
-
Corporate
239 536
243 000
-
-
income
52 698
53 460
-
-
total
52 698
53 460
-
-
Dividends
186 838
189 540
-
-
withholding
37 368
37 908
-
-
total
37 368
37 908
-
-
Income
243 000
243 000
243 000
243 000
Total tax
91 673
91 368
86 272
86 140
After tax
151 327
151 632
156 728
156 860
Living cost
1 856
1 856
1 856
1 856
Free-cash
149 471
149 776
154 872
155 004

Estimated living cost  is ₽1856 per week

₽1103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽159073
₽143094
₽143095
₽154378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
56 766
unemployment
-
-
-
1 057
health
-
-
-
7 260
pensions
-
-
-
18 327
total
-
-
-
83 410
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.

24 873
-
230 383
-
unemployment
187
-
529
-
pensions
3 482
-
9 868
-
income
3 429
-
56 766
-
health
1 281
-
3 630
-
total
8 379
-
70 793
-
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.

24 873
-
230 383
-
health
1 281
-
3 630
-
pensions
2 985
-
8 459
-
unemployment
187
-
529
-
total
4 453
-
12 618
-
Corporate
213 675
243 000
-
-
income
32 051
36 450
-
-
total
32 051
36 450
-
-
Dividends
181 624
206 550
-
-
withholding
27 244
30 982
-
-
total
27 244
30 982
-
-
Income
243 000
243 000
243 000
243 000
Total tax
72 127
67 432
83 411
83 410
After tax
170 873
175 568
159 589
159 590
Living cost
16 495
16 495
16 495
16 495
Free-cash
154 378
159 073
143 094
143 095

Estimated living cost  is ₽16495 per week

₽11106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1276
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.
₽3636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112501
₽79575
₽99611
₽112159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 230
surtax
-
-
-
-
social contributions

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

-
-
-
84 442
total
-
-
-
117 672
Employee
37 024
-
196 364
-
surtax
-
-
748
-
social contributions
4 073
-
21 600
-
income
7 234
-
68 724
-
total
11 307
-
91 072
-
Employer
37 024
-
196 364
-
social contributions
8 792
-
46 636
-
total
8 792
-
46 636
-
Corporate
197 183
243 000
-
-
income
41 408
51 030
-
-
surtax
-
-
-
-
total
41 408
51 030
-
-
Dividends
155 775
191 970
-
-
withholding
43 617
53 752
-
-
total
43 617
53 752
-
-
Income
243 000
243 000
243 000
243 000
Total tax
105 124
104 782
137 708
117 672
After tax
137 876
138 218
105 292
125 328
Living cost
25 717
25 717
25 717
25 717
Free-cash
112 159
112 501
79 575
99 611

Estimated living cost  is ₽25717 per week

₽18215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1787
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.
₽5261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127545
₽98004
₽102005
₽121303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
797
income
-
-
-
80 942
other
-
-
-
89
unemployment
-
-
-
619
pensions
-
-
-
25 022
total
-
-
-
107 469
Employee
46 071
-
214 812
-
other
45
-
89
-
unemployment
713
-
1 370
-
pensions
2 165
-
4 156
-
income
9 623
-
77 667
-
total
12 546
-
83 282
-
Employer
46 071
-
214 812
-
pensions
10 873
-
20 867
-
accident
912
-
1 751
-
unemployment
2 534
-
4 862
-
other
369
-
708
-
total
14 688
-
28 188
-
Corporate
182 241
243 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

27 337
36 450
-
-
total
27 337
36 450
-
-
Dividends
154 904
206 550
-
-
withholding
33 600
45 479
-
-
total
33 600
45 479
-
-
Income
243 000
243 000
243 000
243 000
Total tax
88 171
81 929
111 470
107 469
After tax
154 829
161 071
131 530
135 531
Living cost
33 526
33 526
33 526
33 526
Free-cash
121 303
127 545
98 004
102 005

Estimated living cost  is ₽33526 per week

₽24077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽191354
₽191579
₽181242
₽185537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
133
health
-
-
-
3 832
pensions

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

-
-
-
4 932
total
-
-
-
45 347
Employee
21 731
-
236 462
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
pensions

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

1 908
-
2 926
-
income
2 173
-
23 646
-
health
1 000
-
1 533
-
total
5 320
-
28 472
-
Employer
21 731
-
236 462
-
health
1 500
-
2 299
-
pensions

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

2 395
-
3 672
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
unemployment
131
-
200
-
total
4 265
-
6 538
-
Corporate
217 006
243 000
-
-
income
21 701
24 300
-
-
total
21 701
24 300
-
-
Dividends
195 305
218 700
-
-
withholding
9 766
10 935
-
-
total
9 766
10 935
-
-
Income
243 000
243 000
243 000
243 000
Total tax
41 052
35 235
35 010
45 347
After tax
201 948
207 765
207 990
197 653
Living cost
16 411
16 411
16 411
16 411
Free-cash
185 537
191 354
191 579
181 242

Estimated living cost  is ₽16411 per week

₽10854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88108
₽111639
₽83133
₽100587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 426
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.

-
-
-
4 589
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.

-
-
-
6 517
trade
-
-
-
28 506
total
-
-
-
123 038
Employee

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

47 464
-
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.

215
-
4 589
-
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.

3 903
-
83 426
-
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.

6 517
-
6 517
-
total
10 635
-
94 532
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
195 536
243 000
-
-
income
29 330
36 450
-
-
surtax

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

1 613
2 004
-
-
chamber of commerce
431
501
-
-
trade
28 059
34 871
-
-
total
59 433
73 826
-
-
Dividends
136 103
169 173
-
-
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.

1 852
2 306
-
-
withholding
33 664
41 931
-
-
total
35 516
44 237
-
-
Income
243 000
243 000
243 000
243 000
Total tax
105 584
118 063
94 532
123 038
After tax
137 416
124 937
148 468
119 962
Living cost
36 829
36 829
36 829
36 829
Free-cash
100 587
88 108
111 639
83 133

Estimated living cost  is ₽36829 per week

₽25405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115760
₽64949
₽64949
₽117867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
81 433
social contributions
-
-
-
42 278
total
-
-
-
123 711
Employee
74 619
-
243 000
-
income
14 080
-
81 433
-
social contributions
6 199
-
42 278
-
total
20 279
-
123 711
-
Employer
74 619
-
243 000
-
total
-
-
-
-
Corporate
168 381
243 000
-
-
income
21 048
30 375
-
-
total
21 048
30 375
-
-
Dividends
147 333
212 625
-
-
withholding
29 466
42 525
-
-
total
29 466
42 525
-
-
Income
243 000
243 000
243 000
243 000
Total tax
70 793
72 900
123 711
123 711
After tax
172 207
170 100
119 289
119 289
Living cost
54 340
54 340
54 340
54 340
Free-cash
117 867
115 760
64 949
64 949

Estimated living cost  is ₽54340 per week

₽41341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽118282
₽133575
₽166073
₽121618
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
243 000
income
-
-
-
36 450
health

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

-
-
-
5 849
total
-
-
-
42 299
Employee
43 761
-
238 612
-
income
4 748
-
66 021
-
social contributions
4 384
-
4 388
-
total
9 132
-
70 409
-
Employer
43 761
-
238 612
-
social contributions
4 384
-
4 388
-
total
4 384
-
4 388
-
Corporate
194 855
243 000
-
-
income
68 198
85 050
-
-
total
68 198
85 050
-
-
Dividends
126 656
157 950
-
-
social contributions
5 040
5 040
-
-
total
5 040
5 040
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 754
90 090
74 797
42 299
After tax
156 246
152 910
168 203
200 701
Living cost
34 628
34 628
34 628
34 628
Free-cash
121 618
118 282
133 575
166 073

Estimated living cost  is ₽34628 per week

₽22809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽115684
₽98683
₽120256
₽121287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 552
pensions
-
-
-
10 040
total
-
-
-
87 592
Employee
48 251
-
211 569
-
pensions
3 683
-
11 793
-
income
8 787
-
63 171
-
health
629
-
2 770
-
total
13 099
-
77 734
-
Employer
48 251
-
211 569
-
health
917
-
4 020
-
pensions
4 875
-
27 411
-
total
5 792
-
31 431
-
Corporate
188 957
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.

35 902
46 170
-
-
total
35 902
46 170
-
-
Dividends
153 056
196 830
-
-
withholding
31 768
45 994
-
-
total
31 768
45 994
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 561
92 164
109 165
87 592
After tax
156 439
150 836
133 835
155 408
Living cost
35 152
35 152
35 152
35 152
Free-cash
121 287
115 684
98 683
120 256

Estimated living cost  is ₽35152 per week

₽24114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3414
₽111433
₽142758
₽16140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
245
income
-
-
-
70 392
other
-
-
-
359
health
-
-
-
2 115
pensions
-
-
-
4 034
total
-
-
-
77 145
Employee
36 333
-
223 125
-
pensions
4 091
-
7 397
-
income
4 985
-
55 650
-
health
4 160
-
25 548
-
total
13 236
-
88 595
-
Employer
36 333
-
223 125
-
pensions
5 908
-
10 682
-
accident
607
-
3 726
-
unemployment
890
-
5 467
-
total
7 405
-
19 875
-
Corporate
199 263
243 000
-
-
income

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

179 336
218 700
-
-
total
179 336
218 700
-
-
Dividends
19 926
24 300
-
-
withholding
3 786
4 617
-
-
total
3 786
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
203 763
223 317
108 470
77 145
After tax
39 237
19 683
134 530
165 855
Living cost
23 097
23 097
23 097
23 097
Free-cash
16 140
-3 414
111 433
142 758

Estimated living cost  is ₽23097 per week

₽16951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽173025
₽167976
₽147025
₽170142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
41 202
unemployment
-
-
-
1 828
work injury
-
-
-
762
health insurance
-
-
-
11 276
pensions
-
-
-
28 037
total
-
-
-
83 105
Employee

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

20 592
-
243 000
-
health insurance
1 524
-
5 638
-
unemployment
247
-
914
-
work injury
103
-
381
-
pensions
3 789
-
14 019
-
income
2 059
-
41 202
-
total
7 722
-
62 154
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
222 408
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%.

22 241
24 300
-
-
total
22 241
24 300
-
-
Dividends
200 167
218 700
-
-
withholding
30 025
32 805
-
-
total
30 025
32 805
-
-
Income
243 000
243 000
243 000
243 000
Total tax
59 988
57 105
62 154
83 105
After tax
183 012
185 895
180 846
159 895
Living cost
12 870
12 870
12 870
12 870
Free-cash
170 142
173 025
167 976
147 025

Estimated living cost  is ₽12870 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89994
₽69880
₽77716
₽85654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
47 744
regional
-
-
-
6 183
municipal
-
-
-
1 758
national
-
-
-
71 596
total
-
-
-
127 281
Employee
80 385
-
243 000
-
municipal
480
-
1 624
-
national
13 584
-
65 210
-
regional
1 214
-
5 689
-
social contributions
27 105
-
62 594
-
total
42 383
-
135 117
-
Employer
80 385
-
243 000
-
total
-
-
-
-
Corporate
162 615
243 000
-
-
municipal
7 838
11 712
-
-
nationa
39 028
58 320
-
-
total
46 866
70 032
-
-
Dividends
115 749
172 968
-
-
withholding
30 094
44 971
-
-
total
30 094
44 971
-
-
Income
243 000
243 000
243 000
243 000
Total tax
119 343
115 003
135 117
127 281
After tax
123 657
127 997
107 883
115 719
Living cost
38 003
38 003
38 003
38 003
Free-cash
85 654
89 994
69 880
77 716

Estimated living cost  is ₽38003 per week

₽26694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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