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
₽104022
₽93430
₽119511
₽88252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
trade
-
-
-
31 259
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.

-
-
-
83 352
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.

-
-
-
6 543
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.

-
-
-
4 584
total
-
-
-
125 738
Employee

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

36 633
-
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
-
4 584
-
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.

6 543
-
6 543
-
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.

1 023
-
83 352
-
total
7 622
-
94 479
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
206 367
243 000
-
-
trade
32 504
38 272
-
-
income
30 955
36 449
-
-
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
2 005
-
-
chamber of commerce
442
494
-
-
total
65 604
77 220
-
-
Dividends
140 764
165 779
-
-
withholding
34 826
41 081
-
-
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.

1 916
2 259
-
-
total
36 742
43 340
-
-
Income
243 000
243 000
243 000
243 000
Total tax
109 968
120 560
94 479
125 738
After tax
133 032
122 440
148 521
117 262
Living cost
29 010
29 010
29 010
29 010
Free-cash
104 022
93 430
119 511
88 252

Estimated living cost  is ₽29010 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3382
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽101445
₽102266
₽88632
₽87327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
29 160
municipal
-
-
-
27 127
national
-
-
-
47 408
total
-
-
-
106 307
Employee
76 527
-
210 071
-
national
14 647
-
49 468
-
municipal
9 452
-
28 067
-
pensions
3 061
-
8 403
-
total
27 160
-
85 938
-
Employer
76 527
-
210 071
-
pensions
6 122
-
16 806
-
social contributions
823
-
2 258
-
total
6 945
-
19 064
-
Corporate
154 478
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%.

30 896
48 600
-
-
total
30 896
48 600
-
-
Dividends
123 582
194 400
-
-
withholding
27 188
42 768
-
-
total
27 188
42 768
-
-
Income
243 000
243 000
243 000
243 000
Total tax
92 189
91 368
105 002
106 307
After tax
150 811
151 632
137 998
136 693
Living cost
49 366
49 366
49 366
49 366
Free-cash
101 445
102 266
88 632
87 327

Estimated living cost  is ₽49366 per week

₽33554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽739
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽166617
₽174474
₽87174
₽70313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
36 697
income
-
-
-
54 100
microenterprise
-
-
-
-
surtax
-
-
-
61 964
total
-
-
-
152 761
Employee
27 987
-
194 146
-
surtax
-
-
28 150
-
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.

3 079
-
12 556
-
income
4 982
-
46 340
-
total
8 061
-
87 046
-
Employer
27 987
-
194 146
-
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.

6 741
-
27 498
-
surtax
-
-
21 356
-
total
6 741
-
48 854
-
Corporate
208 272
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%.

41 655
48 600
-
-
total
41 655
48 600
-
-
Dividends

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

166 617
194 400
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
56 457
48 600
135 900
152 761
After tax
186 543
194 400
107 100
90 239
Living cost
19 926
19 926
19 926
19 926
Free-cash
166 617
174 474
87 174
70 313

Estimated living cost  is ₽19926 per week

₽12712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75425
₽81291
₽115237
₽88863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
90 981
pensions
-
-
-
11 222
health
-
-
-
11 811
total
-
-
-
114 014
Employee
81 790
81 790
225 201
-
health
12 554
10 678
11 811
-
pensions
14 722
11 222
11 222
-
income

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

13 388
13 388
46 807
-
total
40 664
35 288
69 840
-
Employer
81 790
81 790
225 201
-
pensions
5 693
5 693
7 076
-
unemployment
2 944
2 944
3 659
-
health
5 685
5 685
7 065
-
total
14 322
14 322
17 800
-
Corporate
147 890
146 887
-
-
income
29 577
29 377
-
-
total
29 577
29 377
-
-
Dividends
118 313
117 510
-
-
withholding
17 747
17 627
-
-
income
25 142
24 972
-
-
total
42 889
42 599
-
-
Income
243 000
243 000
243 000
243 000
Total tax
127 452
121 586
87 640
114 014
After tax
115 548
121 414
155 360
128 986
Living cost
40 123
40 123
40 123
40 123
Free-cash
75 425
81 291
115 237
88 863

Estimated living cost  is ₽40123 per week

₽28434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽638
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92083
₽92974
₽79933
₽80897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 111
unemployment
-
-
-
87
pensions
-
-
-
9 407
municipal
-
-
-
64 945
accident
-
-
-
174
national
-
-
-
32 245
health
-
-
-
5 430
total
-
-
-
122 399
Employee
56 574
-
215 659
-
national
-
-
31 712
-
municipal
16 870
-
64 310
-
total
16 870
-
96 022
-
Employer
56 574
-
215 659
-
other
6 574
-
10 111
-
accident
113
-
174
-
pensions
6 116
-
9 407
-
unemployment
1 494
-
2 297
-
health
3 479
-
5 352
-
total
17 776
-
27 341
-
Corporate
168 650
243 000
-
-
income
37 103
53 460
-
-
total
37 103
53 460
-
-
Dividends
131 547
189 540
-
-
withholding
39 464
56 862
-
-
total
39 464
56 862
-
-
Income
243 000
243 000
243 000
243 000
Total tax
111 213
110 322
123 363
122 399
After tax
131 787
132 678
119 637
120 601
Living cost
39 704
39 704
39 704
39 704
Free-cash
92 083
92 974
79 933
80 897

Estimated living cost  is ₽39704 per week

₽26314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97019
₽83562
₽110895
₽78246
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
trade
-
-
-
32 649
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.

-
-
-
83 352
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.

-
-
-
6 543
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.

-
-
-
4 584
total
-
-
-
127 128
Employee

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

48 571
-
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.

229
-
4 584
-
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.

6 543
-
6 543
-
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.

4 173
-
83 352
-
total
10 945
-
94 479
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
194 429
243 000
-
-
trade
31 984
39 974
-
-
income
29 165
36 449
-
-
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.

1 605
2 005
-
-
chamber of commerce
422
491
-
-
total
63 176
78 919
-
-
Dividends
131 254
164 081
-
-
withholding
32 449
40 657
-
-
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.

1 785
2 236
-
-
total
34 234
42 893
-
-
Income
243 000
243 000
243 000
243 000
Total tax
108 355
121 812
94 479
127 128
After tax
134 645
121 188
148 521
115 872
Living cost
37 626
37 626
37 626
37 626
Free-cash
97 019
83 562
110 895
78 246

Estimated living cost  is ₽37626 per week

₽25164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽141990
₽145963
₽129370
₽131305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 497
income
-
-
-
58 936
health
-
-
-
6 196
total
-
-
-
80 629
Employee
73 649
73 649
230 492
-
health
732
1 252
3 919
-
social contributions
3 579
6 112
8 244
-
income
7 734
6 818
57 893
-
total
12 045
14 182
70 056
-
Employer
73 649
73 649
230 492
-
social contributions
3 579
6 112
8 244
-
health
798
1 363
4 264
-
total
4 377
7 475
12 508
-
Corporate
195 513
161 876
-
-
income
24 439
20 235
-
-
total
24 439
20 235
-
-
Dividends
171 074
141 641
-
-
withholding
29 083
24 079
-
-
total
29 083
24 079
-
-
Income
243 000
243 000
243 000
243 000
Total tax
69 944
65 971
82 564
80 629
After tax
173 056
177 029
160 436
162 371
Living cost
31 066
31 066
31 066
31 066
Free-cash
141 990
145 963
129 370
131 305

Estimated living cost  is ₽31066 per week

₽21236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119004
₽118636
₽123149
₽150618
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
unemployment
-
-
-
3 645
income
-
-
-
29 707
pensions
-
-
-
24 300
health
-
-
-
17 010
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.

25 579
10 180
203 347
-
unemployment
384
153
3 050
-
health
1 790
713
14 234
-
pensions
2 558
1 018
20 335
-
income
3 127
1 244
24 859
-
total
7 859
3 128
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.

25 579
10 180
203 347
-
pensions
4 988
1 985
39 653
-
total
4 988
1 985
39 653
-
Corporate
212 434
230 835
-
-
income
19 119
20 775
-
-
total
19 119
20 775
-
-
Dividends
193 315
210 060
-
-
withholding
36 730
39 911
-
-
social contributions
37 580
40 845
-
-
total
74 310
80 756
-
-
Income
243 000
243 000
243 000
243 000
Total tax
106 276
106 644
102 131
74 662
After tax
136 724
136 356
140 869
168 338
Living cost
17 720
17 720
17 720
17 720
Free-cash
119 004
118 636
123 149
150 618

Estimated living cost  is ₽17720 per week

₽12092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽165315
₽171266
₽116930
₽107115
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
32 562
pensions
-
-
-
48 600
health
-
-
-
31 589
total
-
-
-
112 751
Employee
27 171
-
181 614
-
unemployment
434
-
2 906
-
pensions
543
-
3 631
-
income
3 059
-
35 015
-
total
4 036
-
41 552
-
Employer
27 171
-
181 614
-
pensions
5 435
-
36 322
-
unemployment
218
-
1 452
-
health
3 532
-
23 610
-
total
9 185
-
61 384
-
Corporate
206 645
243 000
-
-
income
41 330
48 600
-
-
total
41 330
48 600
-
-
Dividends
165 316
194 400
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
54 551
48 600
102 936
112 751
After tax
188 449
194 400
140 064
130 249
Living cost
23 134
23 134
23 134
23 134
Free-cash
165 315
171 266
116 930
107 115

Estimated living cost  is ₽23134 per week

₽15867
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1378
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.
₽5424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16375
-₽1884
₽112897
₽144295
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
income
-
-
-
70 310
pensions
-
-
-
4 079
accident
-
-
-
248
health
-
-
-
2 138
total
-
-
-
77 138
Employee
33 926
-
223 011
-
health
3 885
-
25 535
-
pensions
3 820
-
7 479
-
income
4 654
-
55 534
-
total
12 359
-
88 548
-
Employer
33 926
-
223 011
-
accident
566
-
3 724
-
pensions
5 517
-
10 800
-
unemployment
831
-
5 464
-
total
6 914
-
19 988
-
Corporate
202 160
243 000
-
-
income

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

181 944
218 700
-
-
total
181 944
218 700
-
-
Dividends
20 216
24 300
-
-
withholding
3 841
4 617
-
-
total
3 841
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
205 058
223 317
108 536
77 138
After tax
37 942
19 683
134 464
165 862
Living cost
21 567
21 567
21 567
21 567
Free-cash
16 375
-1 884
112 897
144 295

Estimated living cost  is ₽21567 per week

₽15807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽221511
₽222986
₽186536
₽232706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 829
-
243 000
-
income
1 966
-
48 600
-
total
1 966
-
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%.

233 171
243 000
-
-
total
-
-
-
-
Dividends
233 171
243 000
-
-
withholding
11 659
12 150
-
-
total
11 659
12 150
-
-
Income
243 000
243 000
243 000
243 000
Total tax
13 625
12 150
48 600
2 430
After tax
229 375
230 850
194 400
240 570
Living cost
7 864
7 864
7 864
7 864
Free-cash
221 511
222 986
186 536
232 706

Estimated living cost  is ₽7864 per week

₽4873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽146543
₽153012
₽122627
₽124570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 918
income
-
-
-
44 627
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.

-
-
-
34 955
health
-
-
-
6 409
total
-
-
-
92 909
Employee
34 776
-
205 816
-
unemployment
347
-
1 456
-
health
487
-
2 039
-
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.

2 434
-
10 195
-
income
5 987
-
43 978
-
total
9 255
-
57 668
-
Employer
34 776
-
205 816
-
other
1 739
-
7 281
-
accident
278
-
1 647
-
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.

5 913
-
24 761
-
unemployment
347
-
1 456
-
health
487
-
2 039
-
total
8 764
-
37 184
-
Corporate
199 460
243 000
-
-
income
41 886
51 030
-
-
total
41 886
51 030
-
-
Dividends
157 574
191 970
-
-
withholding
11 031
13 437
-
-
total
11 031
13 437
-
-
Income
243 000
243 000
243 000
243 000
Total tax
70 936
64 467
94 852
92 909
After tax
172 064
178 533
148 148
150 091
Living cost
25 521
25 521
25 521
25 521
Free-cash
146 543
153 012
122 627
124 570

Estimated living cost  is ₽25521 per week

₽18032
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95312
₽87721
₽70746
₽92313
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 622
pensions
-
-
-
10 020
total
-
-
-
87 642
Employee
89 199
-
211 562
-
health
1 470
-
2 768
-
pensions
8 605
-
11 761
-
income
16 079
-
63 243
-
total
26 154
-
77 772
-
Employer
89 199
-
211 562
-
pensions
10 532
-
27 418
-
health
1 694
-
4 019
-
total
12 226
-
31 437
-
Corporate
141 575
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.

26 899
46 169
-
-
total
26 899
46 169
-
-
Dividends
114 676
196 831
-
-
withholding
19 364
46 065
-
-
total
19 364
46 065
-
-
Income
243 000
243 000
243 000
243 000
Total tax
84 643
92 234
109 209
87 642
After tax
158 357
150 766
133 791
155 358
Living cost
63 045
63 045
63 045
63 045
Free-cash
95 312
87 721
70 746
92 313

Estimated living cost  is ₽63045 per week

₽47241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽190768
₽195214
₽195402
₽185071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
unemployment
-
-
-
134
income
-
-
-
36 450
pensions

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

-
-
-
4 949
health
-
-
-
3 845
total
-
-
-
45 378
Employee
16 620
-
236 439
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
health
764
-
1 538
-
pensions

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

1 459
-
2 936
-
income
1 662
-
23 644
-
total
4 068
-
28 486
-
Employer
16 620
-
236 439
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 832
-
3 685
-
unemployment
99
-
201
-
health
1 147
-
2 307
-
total
3 261
-
6 561
-
Corporate
223 119
243 000
-
-
income
22 312
24 300
-
-
total
22 312
24 300
-
-
Dividends
200 807
218 700
-
-
withholding
10 040
10 935
-
-
total
10 040
10 935
-
-
Income
243 000
243 000
243 000
243 000
Total tax
39 681
35 235
35 047
45 378
After tax
203 319
207 765
207 953
197 622
Living cost
12 551
12 551
12 551
12 551
Free-cash
190 768
195 214
195 402
185 071

Estimated living cost  is ₽12551 per week

₽7328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽896
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70713
₽68304
₽102250
₽75876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
income
-
-
-
90 981
pensions
-
-
-
11 222
health
-
-
-
11 811
total
-
-
-
114 014
Employee
88 798
81 790
225 201
-
health
11 078
10 678
11 811
-
pensions
11 222
11 222
11 222
-
income

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

13 388
13 388
46 807
-
total
35 688
35 288
69 840
-
Employer
88 798
81 790
225 201
-
pensions
6 180
5 693
7 076
-
unemployment
3 197
2 944
3 659
-
health
6 171
5 685
7 065
-
total
15 548
14 322
17 800
-
Corporate
138 654
146 887
-
-
income
27 731
29 377
-
-
total
27 731
29 377
-
-
Dividends
110 924
117 510
-
-
withholding
16 638
17 627
-
-
income
23 572
24 972
-
-
total
40 210
42 599
-
-
Income
243 000
243 000
243 000
243 000
Total tax
119 177
121 586
87 640
114 014
After tax
123 823
121 414
155 360
128 986
Living cost
53 110
53 110
53 110
53 110
Free-cash
70 713
68 304
102 250
75 876

Estimated living cost  is ₽53110 per week

₽39178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽135034
₽143520
₽110751
₽121674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 227
income
-
-
-
26 395
health
-
-
-
32 805
solidarity contribution
-
-
-
4 113
total
-
-
-
97 540
Employee
34 979
-
196 052
-
solidarity contribution
-
-
3 133
-
health
4 722
-
26 467
-
social contributions
2 274
-
7 619
-
income
4 197
-
24 295
-
total
11 193
-
61 514
-
Employer
34 979
-
196 052
-
social contributions
8 745
-
29 304
-
health
3 148
-
17 645
-
total
11 893
-
46 949
-
Corporate
196 128
243 000
-
-
income
37 264
46 170
-
-
total
37 264
46 170
-
-
Dividends
158 864
196 830
-
-
withholding
23 830
29 524
-
-
total
23 830
29 524
-
-
Income
243 000
243 000
243 000
243 000
Total tax
84 180
75 694
108 463
97 540
After tax
158 820
167 306
134 537
145 460
Living cost
23 786
23 786
23 786
23 786
Free-cash
135 034
143 520
110 751
121 674

Estimated living cost  is ₽23786 per week

₽16522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84234
₽89234
₽70300
₽78422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 203
social contributions
-
-
-
47 936
municipal
-
-
-
1 561
national
-
-
-
71 463
total
-
-
-
124 163
Employee
85 121
-
243 000
-
national
14 750
-
65 053
-
regional
803
-
2 945
-
municipal
451
-
1 441
-
social contributions
28 703
-
62 846
-
total
44 707
-
132 285
-
Employer
85 121
-
243 000
-
total
-
-
-
-
Corporate
157 879
243 000
-
-
nationa
37 891
58 320
-
-
municipal
6 158
9 477
-
-
total
44 049
67 797
-
-
Dividends
113 830
175 203
-
-
withholding
29 595
45 554
-
-
total
29 595
45 554
-
-
Income
243 000
243 000
243 000
243 000
Total tax
118 351
113 351
132 285
124 163
After tax
124 649
129 649
110 715
118 837
Living cost
40 415
40 415
40 415
40 415
Free-cash
84 234
89 234
70 300
78 422

Estimated living cost  is ₽40415 per week

₽28172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128731
₽131712
₽87018
₽92876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
218
income
-
-
-
80 213
pensions
-
-
-
25 566
health
-
-
-
9 075
surtax
-
-
-
13 917
total
-
-
-
128 989
Employee
31 673
-
216 093
-
surtax
104
-
12 772
-
unemployment
2 205
-
8 897
-
other
-
-
-
-
health
809
-
3 259
-
pensions
2 112
-
8 526
-
income
5 309
-
74 486
-
total
10 539
-
107 940
-
Employer
31 673
-
216 093
-
other
-
-
-
-
pensions
4 222
-
17 040
-
unemployment
1 003
-
4 051
-
health
1 441
-
5 816
-
total
6 666
-
26 907
-
Corporate
204 660
243 000
-
-
income
53 211
63 180
-
-
total
53 211
63 180
-
-
Dividends
151 449
179 820
-
-
withholding
22 718
26 973
-
-
total
22 718
26 973
-
-
Income
243 000
243 000
243 000
243 000
Total tax
93 134
90 153
134 847
128 989
After tax
149 866
152 847
108 153
114 011
Living cost
21 135
21 135
21 135
21 135
Free-cash
128 731
131 712
87 018
92 876

Estimated living cost  is ₽21135 per week

₽12923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113923
₽107695
₽90720
₽112287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 622
pensions
-
-
-
10 020
total
-
-
-
87 642
Employee
59 779
-
211 562
-
health
868
-
2 768
-
pensions
5 074
-
11 761
-
income
10 766
-
63 243
-
total
16 708
-
77 772
-
Employer
59 779
-
211 562
-
pensions
6 471
-
27 418
-
health
1 136
-
4 019
-
total
7 607
-
31 437
-
Corporate
175 615
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.

33 366
46 169
-
-
total
33 366
46 169
-
-
Dividends
142 248
196 831
-
-
withholding
28 325
46 065
-
-
total
28 325
46 065
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 006
92 234
109 209
87 642
After tax
156 994
150 766
133 791
155 358
Living cost
43 071
43 071
43 071
43 071
Free-cash
113 923
107 695
90 720
112 287

Estimated living cost  is ₽43071 per week

₽32268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
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.
₽7123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67663
₽35170
₽107645
₽115313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
other

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

-
-
-
4 859
city
-
-
-
2 561
regional
-
-
-
14 191
pensions
-
-
-
22 356
national
-
-
-
7 226
health
-
-
-
546
total
-
-
-
51 739
Employee
88 879
-
219 194
-
national
421
-
5 918
-
unemployment
-
-
-
-
city
954
-
2 378
-
regional
2 910
-
12 704
-
health
201
-
494
-
pensions
7 467
-
16 518
-
total
11 953
-
38 012
-
Employer
88 879
-
219 194
-
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.

1 777
-
4 383
-
pensions
7 467
-
16 518
-
unemployment
-
-
-
-
health
201
-
494
-
total
9 445
-
21 395
-
Corporate
143 699
243 000
-
-
regional
30 393
51 395
-
-
national
12 215
20 655
-
-
total
42 608
72 050
-
-
Dividends
101 091
170 949
-
-
withholding
35 383
59 832
-
-
total
35 383
59 832
-
-
Income
243 000
243 000
243 000
243 000
Total tax
99 389
131 882
59 407
51 739
After tax
143 611
111 118
183 593
191 261
Living cost
75 948
75 948
75 948
75 948
Free-cash
67 663
35 170
107 645
115 313

Estimated living cost  is ₽75948 per week

₽49388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽932
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽91593
₽76064
₽104645
₽70607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
trade
-
-
-
34 038
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.

-
-
-
83 352
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.

-
-
-
6 543
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.

-
-
-
4 584
total
-
-
-
128 517
Employee

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

57 561
-
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.

373
-
4 584
-
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.

6 543
-
6 543
-
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.

6 769
-
83 352
-
total
13 685
-
94 479
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
185 439
243 000
-
-
trade
31 802
41 675
-
-
income
27 816
36 449
-
-
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.

1 530
2 005
-
-
chamber of commerce
407
487
-
-
total
61 555
80 616
-
-
Dividends
123 884
162 384
-
-
withholding
30 608
40 232
-
-
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.

1 683
2 212
-
-
total
32 291
42 444
-
-
Income
243 000
243 000
243 000
243 000
Total tax
107 531
123 060
94 479
128 517
After tax
135 469
119 940
148 521
114 483
Living cost
43 876
43 876
43 876
43 876
Free-cash
91 593
76 064
104 645
70 607

Estimated living cost  is ₽43876 per week

₽32046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95359
₽89703
₽88951
₽97816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 534
social contributions
-
-
-
6 925
income
-
-
-
49 114
pensions
-
-
-
36 248
health
-
-
-
12 594
surtax
-
-
-
-
total
-
-
-
112 415
Employee
40 991
-
184 149
-
surtax
-
-
-
-
pensions
4 635
-
14 430
-
social contributions
1 169
-
5 247
-
income
2 419
-
42 752
-
total
8 223
-
62 429
-
Employer
40 991
-
184 149
-
other
1 414
-
7 876
-
pensions
6 734
-
24 003
-
unemployment
1 659
-
7 457
-
social contributions
124
-
553
-
health
2 870
-
18 962
-
total
12 801
-
58 851
-
Corporate
189 207
243 000
-
-
income
52 978
68 041
-
-
surtax
-
-
-
-
total
52 978
68 041
-
-
Dividends
136 229
174 959
-
-
withholding
17 438
22 394
-
-
social contributions
23 432
30 093
-
-
surtax
-
-
-
-
total
40 870
52 487
-
-
Income
243 000
243 000
243 000
243 000
Total tax
114 872
120 528
121 280
112 415
After tax
128 128
122 472
121 720
130 585
Living cost
32 769
32 769
32 769
32 769
Free-cash
95 359
89 703
88 951
97 816

Estimated living cost  is ₽32769 per week

₽20662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2665
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.
₽8886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98272
₽92950
₽92198
₽101063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 534
social contributions
-
-
-
6 925
income
-
-
-
49 114
pensions
-
-
-
36 248
health
-
-
-
12 594
surtax
-
-
-
-
total
-
-
-
112 415
Employee
36 591
-
184 149
-
surtax
-
-
-
-
pensions
4 139
-
14 430
-
social contributions
1 043
-
5 247
-
income
1 887
-
42 752
-
total
7 069
-
62 429
-
Employer
36 591
-
184 149
-
other
1 263
-
7 876
-
pensions
6 013
-
24 003
-
unemployment
1 481
-
7 457
-
social contributions
109
-
553
-
health
2 561
-
18 962
-
total
11 427
-
58 851
-
Corporate
194 982
243 000
-
-
income
54 594
68 041
-
-
surtax
-
-
-
-
total
54 594
68 041
-
-
Dividends
140 388
174 959
-
-
withholding
17 970
22 394
-
-
social contributions
24 146
30 093
-
-
surtax
-
-
-
-
total
42 116
52 487
-
-
Income
243 000
243 000
243 000
243 000
Total tax
115 206
120 528
121 280
112 415
After tax
127 794
122 472
121 720
130 585
Living cost
29 522
29 522
29 522
29 522
Free-cash
98 272
92 950
92 198
101 063

Estimated living cost  is ₽29522 per week

₽17121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128438
₽127944
₽128552
₽135746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 534
income
-
-
-
36 449
health
-
-
-
16 962
total
-
-
-
86 945
Employee
32 474
-
243 000
-
health
2 267
-
16 962
-
social contributions
4 482
-
33 534
-
income
5 416
-
43 643
-
total
12 165
-
94 139
-
Employer
32 474
-
243 000
-
total
-
-
-
-
Corporate
210 526
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%.

10 526
12 150
-
-
total
10 526
12 150
-
-
Dividends
200 000
230 850
-
-
health
13 961
16 113
-
-
withholding
30 001
34 628
-
-
social contributions
27 600
31 856
-
-
total
71 562
82 597
-
-
Income
243 000
243 000
243 000
243 000
Total tax
94 253
94 747
94 139
86 945
After tax
148 747
148 253
148 861
156 055
Living cost
20 309
20 309
20 309
20 309
Free-cash
128 438
127 944
128 552
135 746

Estimated living cost  is ₽20309 per week

₽13592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1252
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.
₽4996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽98511
₽99994
₽29268
₽90290
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
972
unemployment
-
-
-
5 874
income
-
-
-
82 668
pensions
-
-
-
20 700
health
-
-
-
8 559
surtax
-
-
-
189
total
-
-
-
118 962
Employee
47 865
38 169
203 893
-
unemployment
1 436
1 145
3 357
-
other
478
382
1 120
-
health
1 852
1 478
4 329
-
pensions
4 902
3 908
11 458
-
income
5 449
2 815
70 549
-
total
14 117
9 728
90 813
-
Employer
47 865
38 169
203 893
-
payroll
1 436
1 145
6 116
-
other
2 274
1 812
8 902
-
accident
622
496
1 454
-
pensions
6 007
4 791
14 043
-
unemployment
1 436
1 145
3 357
-
chamber of commerce
191
153
816
-
surtax
189
189
189
-
health
1 808
1 443
4 229
-
total
13 963
11 174
39 106
-
Corporate
181 172
193 657
200 258
-
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.

45 294
48 415
50 065
-
total
45 294
48 415
50 065
-
Dividends
135 878
145 242
-
-
withholding
37 367
39 941
-
-
total
37 367
39 941
-
-
Income
243 000
243 000
243 000
243 000
Total tax
110 741
109 258
179 984
118 962
After tax
132 259
133 742
63 016
124 038
Living cost
33 748
33 748
33 748
33 748
Free-cash
98 511
99 994
29 268
90 290

Estimated living cost  is ₽33748 per week

₽22509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86461
₽96892
₽46484
₽70909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 879
national
-
-
-
100 144
communal

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

-
-
-
13 146
total
-
-
-
137 169
Employee

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

68 511
-
188 211
-
national
21 063
-
72 390
-
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.

596
-
1 638
-
health

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

3 219
-
8 846
-
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.

5 138
-
14 115
-
communal

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

3 573
-
9 817
-
total
33 589
-
106 806
-
Employer

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

68 511
-
188 211
-
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.

891
-
2 448
-
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.

6 071
-
16 676
-
unemployment

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

1 000
-
2 748
-
surtax
7 768
-
21 342
-
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.

4 213
-
11 574
-
total
19 943
-
54 788
-
Corporate
154 547
243 000
-
-
income
30 910
54 113
-
-
surtax
618
1 081
-
-
total
31 528
55 194
-
-
Dividends
123 020
187 806
-
-
withholding

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

36 557
55 992
-
-
total
36 557
55 992
-
-
Income
243 000
243 000
243 000
243 000
Total tax
121 617
111 186
161 594
137 169
After tax
121 383
131 814
81 406
105 831
Living cost
34 922
34 922
34 922
34 922
Free-cash
86 461
96 892
46 484
70 909

Estimated living cost  is ₽34922 per week

₽22494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽119927
₽126492
₽96931
₽100950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
unemployment
-
-
-
622
income
-
-
-
80 828
pensions
-
-
-
25 122
accident
-
-
-
800
total
-
-
-
107 461
Employee
47 676
-
214 699
-
unemployment
740
-
1 376
-
other
47
-
89
-
pensions
2 241
-
4 173
-
income
10 059
-
77 540
-
total
13 087
-
83 178
-
Employer
47 676
-
214 699
-
other
380
-
711
-
accident
943
-
1 758
-
pensions
11 251
-
20 951
-
unemployment
2 623
-
4 882
-
total
15 197
-
28 302
-
Corporate
180 127
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.

27 020
36 449
-
-
total
27 020
36 449
-
-
Dividends
153 108
206 551
-
-
withholding
33 180
45 470
-
-
total
33 180
45 470
-
-
Income
243 000
243 000
243 000
243 000
Total tax
88 484
81 919
111 480
107 461
After tax
154 516
161 081
131 520
135 539
Living cost
34 589
34 589
34 589
34 589
Free-cash
119 927
126 492
96 931
100 950

Estimated living cost  is ₽34589 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2454
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.
₽6165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69974
₽83150
₽69376
₽61764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
49 664
pensions
-
-
-
34 007
accident
-
-
-
1 912
communal
-
-
-
15 358
health
-
-
-
15 940
surtax
-
-
-
12 305
total
-
-
-
129 186
Employee
72 532
-
217 060
-
surtax
4 446
-
13 303
-
health
3 228
-
9 660
-
pensions
5 802
-
17 365
-
income
7 006
-
55 306
-
total
20 482
-
95 634
-
Employer
72 532
-
217 060
-
accident
653
-
1 954
-
pensions
5 802
-
17 365
-
health
2 212
-
6 621
-
total
8 667
-
25 940
-
Corporate
161 802
243 000
-
-
income
24 270
36 449
-
-
communal
10 922
16 402
-
-
surtax
1 699
2 552
-
-
total
36 891
55 403
-
-
Dividends
124 911
187 597
-
-
withholding
18 737
28 140
-
-
income
36 199
24 257
-
-
total
54 936
52 397
-
-
Income
243 000
243 000
243 000
243 000
Total tax
120 976
107 800
121 574
129 186
After tax
122 024
135 200
121 426
113 814
Living cost
52 050
52 050
52 050
52 050
Free-cash
69 974
83 150
69 376
61 764

Estimated living cost  is ₽52050 per week

₽39045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9299
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽128288
₽131334
₽86640
₽92498
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
218
income
-
-
-
80 213
pensions
-
-
-
25 566
health
-
-
-
9 075
surtax
-
-
-
13 917
total
-
-
-
128 989
Employee
32 255
-
216 093
-
surtax
115
-
12 772
-
unemployment
2 245
-
8 897
-
other
-
-
-
-
health
823
-
3 259
-
pensions
2 152
-
8 526
-
income
5 407
-
74 486
-
total
10 742
-
107 940
-
Employer
32 255
-
216 093
-
other
-
-
-
-
pensions
4 300
-
17 040
-
unemployment
1 023
-
4 051
-
health
1 467
-
5 816
-
total
6 790
-
26 907
-
Corporate
203 955
243 000
-
-
income
53 027
63 180
-
-
total
53 027
63 180
-
-
Dividends
150 927
179 820
-
-
withholding
22 640
26 973
-
-
total
22 640
26 973
-
-
Income
243 000
243 000
243 000
243 000
Total tax
93 199
90 153
134 847
128 989
After tax
149 801
152 847
108 153
114 011
Living cost
21 513
21 513
21 513
21 513
Free-cash
128 288
131 334
86 640
92 498

Estimated living cost  is ₽21513 per week

₽12988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
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.
₽6156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99801
₽101926
₽84202
₽92280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 960
social contributions
-
-
-
47 936
municipal
-
-
-
1 561
national
-
-
-
71 463
total
-
-
-
124 920
Employee
53 129
-
243 000
-
national
8 417
-
65 053
-
regional
715
-
3 658
-
municipal
282
-
1 441
-
social contributions
17 916
-
62 846
-
total
27 330
-
132 998
-
Employer
53 129
-
243 000
-
total
-
-
-
-
Corporate
189 871
243 000
-
-
nationa
45 568
58 320
-
-
municipal
9 437
12 078
-
-
total
55 005
70 398
-
-
Dividends
134 866
172 602
-
-
withholding
35 064
44 876
-
-
total
35 064
44 876
-
-
Income
243 000
243 000
243 000
243 000
Total tax
117 399
115 274
132 998
124 920
After tax
125 601
127 726
110 002
118 080
Living cost
25 800
25 800
25 800
25 800
Free-cash
99 801
101 926
84 202
92 280

Estimated living cost  is ₽25800 per week

₽16045
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.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽127539
₽137996
₽105227
₽116150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 227
income
-
-
-
26 395
health
-
-
-
32 805
solidarity contribution
-
-
-
4 113
total
-
-
-
97 540
Employee
43 103
-
196 052
-
solidarity contribution
-
-
3 133
-
health
5 819
-
26 467
-
social contributions
2 802
-
7 619
-
income
5 172
-
24 295
-
total
13 793
-
61 514
-
Employer
43 103
-
196 052
-
social contributions
10 776
-
29 304
-
health
3 879
-
17 645
-
total
14 655
-
46 949
-
Corporate
185 242
243 000
-
-
income
35 196
46 170
-
-
total
35 196
46 170
-
-
Dividends
150 046
196 830
-
-
withholding
22 507
29 524
-
-
total
22 507
29 524
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 151
75 694
108 463
97 540
After tax
156 849
167 306
134 537
145 460
Living cost
29 310
29 310
29 310
29 310
Free-cash
127 539
137 996
105 227
116 150

Estimated living cost  is ₽29310 per week

₽21797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1624
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102815
₽103287
₽32502
₽93670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
972
unemployment
-
-
-
5 874
income
-
-
-
82 668
pensions
-
-
-
20 700
health
-
-
-
8 559
surtax
-
-
-
-
total
-
-
-
118 773
Employee
41 867
38 169
204 070
-
unemployment
1 256
1 145
3 357
-
other
418
382
1 120
-
health
1 619
1 478
4 329
-
pensions
4 288
3 908
11 458
-
income
3 730
2 815
70 638
-
total
11 311
9 728
90 902
-
Employer
41 867
38 169
204 070
-
payroll
1 256
1 145
6 122
-
other
1 988
1 812
8 910
-
accident
543
496
1 454
-
pensions
5 255
4 791
14 043
-
unemployment
1 256
1 145
3 357
-
chamber of commerce
167
153
816
-
surtax
-
-
-
-
health
1 583
1 443
4 229
-
total
12 048
10 985
38 931
-
Corporate
189 084
193 846
200 434
-
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.

47 271
48 462
50 108
-
total
47 271
48 462
50 108
-
Dividends
141 813
145 384
-
-
withholding
38 998
39 981
-
-
total
38 998
39 981
-
-
Income
243 000
243 000
243 000
243 000
Total tax
109 628
109 156
179 941
118 773
After tax
133 372
133 844
63 059
124 227
Living cost
30 557
30 557
30 557
30 557
Free-cash
102 815
103 287
32 502
93 670

Estimated living cost  is ₽30557 per week

₽18330
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3121
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.
₽8561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽216298
₽218596
₽182146
₽228316
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 318
-
243 000
-
income
3 064
-
48 600
-
total
3 064
-
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%.

227 682
243 000
-
-
total
-
-
-
-
Dividends
227 682
243 000
-
-
withholding
11 384
12 150
-
-
total
11 384
12 150
-
-
Income
243 000
243 000
243 000
243 000
Total tax
14 448
12 150
48 600
2 430
After tax
228 552
230 850
194 400
240 570
Living cost
12 254
12 254
12 254
12 254
Free-cash
216 298
218 596
182 146
228 316

Estimated living cost  is ₽12254 per week

₽8293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽133606
₽141615
₽78946
₽84220
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
243 000
unemployment
-
-
-
365
income
-
-
-
64 435
pensions
-
-
-
44 378
health
-
-
-
23 912
total
-
-
-
133 090
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.

42 353
-
210 262
-
unemployment
60
-
294
-
health
2 735
-
13 583
-
pensions
6 565
-
32 591
-
income
7 304
-
59 159
-
total
16 664
-
105 627
-
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.

42 353
-
210 262
-
pensions
3 748
-
18 608
-
unemployment
25
-
125
-
health
2 821
-
14 004
-
total
6 594
-
32 737
-
Corporate
194 053
243 000
-
-
income
36 869
46 170
-
-
total
36 869
46 170
-
-
Dividends
157 183
196 830
-
-
withholding
23 577
29 525
-
-
total
23 577
29 525
-
-
Income
243 000
243 000
243 000
243 000
Total tax
83 704
75 695
138 364
133 090
After tax
159 296
167 305
104 636
109 910
Living cost
25 690
25 690
25 690
25 690
Free-cash
133 606
141 615
78 946
84 220

Estimated living cost  is ₽25690 per week

₽17630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1647
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.
₽5916
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61782
₽106907
₽189586
₽126999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
social contributions
-
-
-
27 702
income
-
-
-
47 365
total
-
-
-
75 067
Employee
58 693
-
-
-
social contributions
4 813
-
686
-
income
12 947
-
-
-
total
17 760
-
686
-
Employer
58 693
-
-
-
social contributions
82 757
-
11 794
-
total
82 757
-
11 794
-
Corporate
101 550
243 000
-
-
income
22 341
53 460
-
-
total
22 341
53 460
-
-
Dividends
79 209
189 540
-
-
income
17 426
41 699
-
-
total
17 426
41 699
-
-
Income
243 000
243 000
243 000
243 000
Total tax
140 284
95 159
12 480
75 067
After tax
102 716
147 841
230 520
167 933
Living cost
40 934
40 934
40 934
40 934
Free-cash
61 782
106 907
189 586
126 999

Estimated living cost  is ₽40934 per week

₽26559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107211
₽108177
₽75324
₽95330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
243 000
social contributions

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

-
-
-
84 442
income
-
-
-
33 186
surtax
-
-
-
-
total
-
-
-
117 628
Employee
44 050
-
196 363
-
surtax
-
-
734
-
social contributions
4 846
-
21 600
-
income
9 163
-
68 663
-
total
14 009
-
90 997
-
Employer
44 050
-
196 363
-
social contributions
10 462
-
46 637
-
total
10 462
-
46 637
-
Corporate
188 488
243 000
-
-
income
39 583
51 030
-
-
surtax
-
-
-
-
total
39 583
51 030
-
-
Dividends
148 905
191 970
-
-
withholding
41 693
53 751
-
-
total
41 693
53 751
-
-
Income
243 000
243 000
243 000
243 000
Total tax
105 747
104 781
137 634
117 628
After tax
137 253
138 219
105 366
125 372
Living cost
30 042
30 042
30 042
30 042
Free-cash
107 211
108 177
75 324
95 330

Estimated living cost  is ₽30042 per week

₽22478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82796
₽76213
₽75461
₽84326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 534
social contributions
-
-
-
6 925
income
-
-
-
49 114
pensions
-
-
-
36 248
health
-
-
-
12 594
surtax
-
-
-
-
total
-
-
-
112 415
Employee
59 988
-
184 149
-
surtax
-
-
-
-
pensions
6 785
-
14 430
-
social contributions
1 709
-
5 247
-
income
5 234
-
42 752
-
total
13 728
-
62 429
-
Employer
59 988
-
184 149
-
other
2 070
-
7 876
-
pensions
9 857
-
24 003
-
unemployment
2 430
-
7 457
-
social contributions
180
-
553
-
health
4 199
-
18 962
-
total
18 736
-
58 851
-
Corporate
164 277
243 000
-
-
income
45 997
68 041
-
-
surtax
-
-
-
-
total
45 997
68 041
-
-
Dividends
118 280
174 959
-
-
withholding
15 140
22 394
-
-
social contributions
20 344
30 093
-
-
surtax
-
-
-
-
total
35 484
52 487
-
-
Income
243 000
243 000
243 000
243 000
Total tax
113 945
120 528
121 280
112 415
After tax
129 055
122 472
121 720
130 585
Living cost
46 259
46 259
46 259
46 259
Free-cash
82 796
76 213
75 461
84 326

Estimated living cost  is ₽46259 per week

₽31308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽186692
₽189909
₽154069
₽147613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 137
social contributions
-
-
-
53 460
total
-
-
-
66 597
Employee
30 792
-
210 389
-
social contributions
2 001
-
13 675
-
income
-
-
13 855
-
total
2 001
-
27 530
-
Employer
30 792
-
210 389
-
social contributions
4 773
-
32 611
-
total
4 773
-
32 611
-
Corporate
207 435
243 000
-
-
income
20 744
24 301
-
-
total
20 744
24 301
-
-
Dividends
186 692
218 699
-
-
total
-
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
27 518
24 301
60 141
66 597
After tax
215 482
218 699
182 859
176 403
Living cost
28 790
28 790
28 790
28 790
Free-cash
186 692
189 909
154 069
147 613

Estimated living cost  is ₽28790 per week

₽18616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7463
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17643
₽34643
₽34643
₽92952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
829
municipal
-
-
-
52 832
labour market
-
-
-
19 374
national
-
-
-
30 957
total
-
-
-
103 992
Employee
194 391
194 391
194 391
-
national
23 748
23 748
23 748
-
municipal
41 394
41 394
41 394
-
labour market
15 529
15 529
15 529
-
pensions
276
276
276
-
total
80 947
80 947
80 947
-
Employer
194 391
194 391
194 391
-
municipal
41 460
41 460
41 460
-
pensions
553
553
553
-
national
23 790
23 790
23 790
-
labour market
15 551
15 551
15 551
-
total
81 354
81 354
81 354
-
Corporate
34 642
-
-
-
income
7 621
-
-
-
total
7 621
-
-
-
Dividends
27 021
-
-
-
withholding
9 379
-
-
-
total
9 379
-
-
-
Income
243 000
243 000
243 000
243 000
Total tax
179 301
162 301
162 301
103 992
After tax
63 699
80 699
80 699
139 008
Living cost
46 056
46 056
46 056
46 056
Free-cash
17 643
34 643
34 643
92 952

Estimated living cost  is ₽46056 per week

₽31521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽708
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16422
-₽1566
₽113215
₽144613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
income
-
-
-
70 310
pensions
-
-
-
4 079
accident
-
-
-
248
health
-
-
-
2 138
total
-
-
-
77 138
Employee
33 426
-
223 011
-
health
3 828
-
25 535
-
pensions
3 764
-
7 479
-
income
4 586
-
55 534
-
total
12 178
-
88 548
-
Employer
33 426
-
223 011
-
accident
558
-
3 724
-
pensions
5 435
-
10 800
-
unemployment
819
-
5 464
-
total
6 812
-
19 988
-
Corporate
202 762
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.

182 486
218 700
-
-
total
182 486
218 700
-
-
Dividends
20 276
24 300
-
-
withholding
3 853
4 617
-
-
total
3 853
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
205 329
223 317
108 536
77 138
After tax
37 671
19 683
134 464
165 862
Living cost
21 249
21 249
21 249
21 249
Free-cash
16 422
-1 566
113 215
144 613

Estimated living cost  is ₽21249 per week

₽15467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽113841
₽110133
₽81331
₽109166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
municipal
-
-
-
43 138
national
-
-
-
50 581
health
-
-
-
3 343
total
-
-
-
97 062
Employee
50 391
-
204 426
-
national
832
-
33 442
-
unemployment
756
-
3 066
-
health
376
-
2 748
-
municipal
8 254
-
33 267
-
pensions
3 401
-
13 799
-
total
13 619
-
86 322
-
Employer
50 391
-
204 426
-
accident
51
-
204
-
pensions
8 742
-
35 468
-
unemployment
327
-
1 329
-
health
387
-
1 574
-
total
9 507
-
38 575
-
Corporate
183 102
243 000
-
-
income
36 620
48 600
-
-
total
36 620
48 600
-
-
Dividends

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

109 861
145 800
-
-
municipal
19 775
26 244
-
-
national
12 866
21 251
-
-
total
32 641
47 495
-
-
Income
243 000
243 000
243 000
243 000
Total tax
92 387
96 095
124 897
97 062
After tax
150 613
146 905
118 103
145 938
Living cost
36 772
36 772
36 772
36 772
Free-cash
113 841
110 133
81 331
109 166

Estimated living cost  is ₽36772 per week

₽24019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149640
₽154854
₽138261
₽140196
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 497
income
-
-
-
58 936
health
-
-
-
6 196
total
-
-
-
80 629
Employee
73 649
73 649
230 492
-
health
571
1 252
3 919
-
social contributions
2 785
6 112
8 244
-
income
8 019
6 818
57 893
-
total
11 375
14 182
70 056
-
Employer
73 649
73 649
230 492
-
social contributions
2 785
6 112
8 244
-
health
620
1 363
4 264
-
total
3 405
7 475
12 508
-
Corporate
206 046
161 876
-
-
income
25 755
20 235
-
-
total
25 755
20 235
-
-
Dividends
180 291
141 641
-
-
withholding
30 650
24 079
-
-
total
30 650
24 079
-
-
Income
243 000
243 000
243 000
243 000
Total tax
71 185
65 971
82 564
80 629
After tax
171 815
177 029
160 436
162 371
Living cost
22 175
22 175
22 175
22 175
Free-cash
149 640
154 854
138 261
140 196

Estimated living cost  is ₽22175 per week

₽13290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽181149
₽186020
₽173659
₽192871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
243 000
unemployment
-
-
-
27
income
-
-
-
25 337
pensions
-
-
-
6 092
health
-
-
-
3 466
total
-
-
-
34 922
Employee

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

21 984
-
233 640
-
unemployment
109
-
454
-
health
1 868
-
7 725
-
pensions
3 297
-
13 632
-
income
1 503
-
22 963
-
total
6 777
-
44 774
-
Employer

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

21 984
-
233 640
-
pensions
1 209
-
4 998
-
unemployment
109
-
454
-
health
945
-
3 908
-
total
2 263
-
9 360
-
Corporate
218 753
243 000
-
-
income
19 688
21 871
-
-
total
19 688
21 871
-
-
Dividends
199 065
221 129
-
-
withholding
17 916
19 902
-
-
total
17 916
19 902
-
-
Income
243 000
243 000
243 000
243 000
Total tax
46 644
41 773
54 134
34 922
After tax
196 356
201 227
188 866
208 078
Living cost
15 207
15 207
15 207
15 207
Free-cash
181 149
186 020
173 659
192 871

Estimated living cost  is ₽15207 per week

₽9702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽130509
₽134743
₽105182
₽109201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
unemployment
-
-
-
622
income
-
-
-
80 828
pensions
-
-
-
25 122
accident
-
-
-
800
total
-
-
-
107 461
Employee
35 415
-
214 699
-
unemployment
549
-
1 376
-
other
35
-
89
-
pensions
1 665
-
4 173
-
income
6 828
-
77 540
-
total
9 077
-
83 178
-
Employer
35 415
-
214 699
-
other
284
-
711
-
accident
702
-
1 758
-
pensions
8 357
-
20 951
-
unemployment
1 948
-
4 882
-
total
11 291
-
28 302
-
Corporate
196 295
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.

29 445
36 449
-
-
total
29 445
36 449
-
-
Dividends
166 850
206 551
-
-
withholding
36 340
45 470
-
-
total
36 340
45 470
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 153
81 919
111 480
107 461
After tax
156 847
161 081
131 520
135 539
Living cost
26 338
26 338
26 338
26 338
Free-cash
130 509
134 743
105 182
109 201

Estimated living cost  is ₽26338 per week

₽17778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽149515
₽149814
₽154935
₽155065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 830
pensions
-
-
-
1 326
health
-
-
-
961
total
-
-
-
86 117
Employee
2 769
-
241 508
-
unemployment
28
-
66
-
health
138
-
332
-
pensions
249
-
597
-
income
536
-
83 760
-
total
951
-
84 755
-
Employer
2 769
-
241 508
-
pensions
305
-
729
-
unemployment
55
-
133
-
health
263
-
630
-
total
623
-
1 492
-
Corporate
239 608
243 000
-
-
income
52 714
53 460
-
-
total
52 714
53 460
-
-
Dividends
186 894
189 540
-
-
withholding
37 379
37 908
-
-
total
37 379
37 908
-
-
Income
243 000
243 000
243 000
243 000
Total tax
91 667
91 368
86 247
86 117
After tax
151 333
151 632
156 753
156 883
Living cost
1 818
1 818
1 818
1 818
Free-cash
149 515
149 814
154 935
155 065

Estimated living cost  is ₽1818 per week

₽1080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽154283
₽158996
₽142914
₽142915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
243 000
unemployment
-
-
-
1 062
income
-
-
-
56 747
pensions
-
-
-
18 411
health
-
-
-
7 294
total
-
-
-
83 514
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.

24 988
-
230 324
-
unemployment
187
-
531
-
health
1 287
-
3 647
-
pensions
3 498
-
9 914
-
income
3 444
-
56 747
-
total
8 416
-
70 839
-
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.

24 988
-
230 324
-
pensions
2 999
-
8 498
-
unemployment
187
-
531
-
health
1 287
-
3 647
-
total
4 473
-
12 676
-
Corporate
213 539
243 000
-
-
income
32 031
36 450
-
-
total
32 031
36 450
-
-
Dividends
181 509
206 550
-
-
withholding
27 226
30 983
-
-
total
27 226
30 983
-
-
Income
243 000
243 000
243 000
243 000
Total tax
72 146
67 433
83 515
83 514
After tax
170 854
175 567
159 485
159 486
Living cost
16 571
16 571
16 571
16 571
Free-cash
154 283
158 996
142 914
142 915

Estimated living cost  is ₽16571 per week

₽11157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽112052
₽112398
₽79545
₽99551
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
243 000
social contributions

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

-
-
-
84 442
income
-
-
-
33 186
surtax
-
-
-
-
total
-
-
-
117 628
Employee
37 174
-
196 363
-
surtax
-
-
734
-
social contributions
4 090
-
21 600
-
income
7 263
-
68 663
-
total
11 353
-
90 997
-
Employer
37 174
-
196 363
-
social contributions
8 828
-
46 637
-
total
8 828
-
46 637
-
Corporate
196 999
243 000
-
-
income
41 370
51 030
-
-
surtax
-
-
-
-
total
41 370
51 030
-
-
Dividends
155 629
191 970
-
-
withholding
43 576
53 751
-
-
total
43 576
53 751
-
-
Income
243 000
243 000
243 000
243 000
Total tax
105 127
104 781
137 634
117 628
After tax
137 873
138 219
105 366
125 372
Living cost
25 821
25 821
25 821
25 821
Free-cash
112 052
112 398
79 545
99 551

Estimated living cost  is ₽25821 per week

₽18288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121150
₽127420
₽97859
₽101878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
unemployment
-
-
-
622
income
-
-
-
80 828
pensions
-
-
-
25 122
accident
-
-
-
800
total
-
-
-
107 461
Employee
46 256
-
214 699
-
unemployment
716
-
1 376
-
other
45
-
89
-
pensions
2 174
-
4 173
-
income
9 661
-
77 540
-
total
12 596
-
83 178
-
Employer
46 256
-
214 699
-
other
371
-
711
-
accident
916
-
1 758
-
pensions
10 916
-
20 951
-
unemployment
2 545
-
4 882
-
total
14 748
-
28 302
-
Corporate
181 996
243 000
-
-
income

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

27 300
36 449
-
-
total
27 300
36 449
-
-
Dividends
154 696
206 551
-
-
withholding
33 545
45 470
-
-
total
33 545
45 470
-
-
Income
243 000
243 000
243 000
243 000
Total tax
88 189
81 919
111 480
107 461
After tax
154 811
161 081
131 520
135 539
Living cost
33 661
33 661
33 661
33 661
Free-cash
121 150
127 420
97 859
101 878

Estimated living cost  is ₽33661 per week

₽24174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2617
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6396
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽185462
₽191297
₽191485
₽181154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
243 000
unemployment
-
-
-
134
income
-
-
-
36 450
pensions

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

-
-
-
4 949
health
-
-
-
3 845
total
-
-
-
45 378
Employee
21 806
-
236 439
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
health
1 003
-
1 538
-
pensions

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

1 914
-
2 936
-
income
2 181
-
23 644
-
total
5 338
-
28 486
-
Employer
21 806
-
236 439
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

2 403
-
3 685
-
unemployment
131
-
201
-
health
1 505
-
2 307
-
total
4 279
-
6 561
-
Corporate
216 916
243 000
-
-
income
21 692
24 300
-
-
total
21 692
24 300
-
-
Dividends
195 224
218 700
-
-
withholding
9 761
10 935
-
-
total
9 761
10 935
-
-
Income
243 000
243 000
243 000
243 000
Total tax
41 070
35 235
35 047
45 378
After tax
201 930
207 765
207 953
197 622
Living cost
16 468
16 468
16 468
16 468
Free-cash
185 462
191 297
191 485
181 154

Estimated living cost  is ₽16468 per week

₽10892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100490
₽87962
₽111544
₽83063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
243 000
trade
-
-
-
28 481
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.

-
-
-
83 352
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.

-
-
-
6 543
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.

-
-
-
4 584
total
-
-
-
122 960
Employee

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

47 655
-
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.

216
-
4 584
-
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.

6 543
-
6 543
-
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.

3 919
-
83 352
-
total
10 678
-
94 479
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
195 345
243 000
-
-
trade
28 032
34 870
-
-
income
29 301
36 449
-
-
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.

1 612
2 005
-
-
chamber of commerce
433
502
-
-
total
59 378
73 826
-
-
Dividends
135 966
169 174
-
-
withholding
33 627
41 929
-
-
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.

1 850
2 306
-
-
total
35 477
44 235
-
-
Income
243 000
243 000
243 000
243 000
Total tax
105 533
118 061
94 479
122 960
After tax
137 467
124 939
148 521
120 040
Living cost
36 977
36 977
36 977
36 977
Free-cash
100 490
87 962
111 544
83 063

Estimated living cost  is ₽36977 per week

₽25508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3979
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6954
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽117657
₽115540
₽64809
₽64809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
42 263
income
-
-
-
81 369
total
-
-
-
123 632
Employee
74 920
-
243 000
-
social contributions
6 224
-
42 263
-
income
14 137
-
81 369
-
total
20 361
-
123 632
-
Employer
74 920
-
243 000
-
total
-
-
-
-
Corporate
168 080
243 000
-
-
income
21 009
30 375
-
-
total
21 009
30 375
-
-
Dividends
147 071
212 625
-
-
withholding
29 414
42 526
-
-
total
29 414
42 526
-
-
Income
243 000
243 000
243 000
243 000
Total tax
70 784
72 901
123 632
123 632
After tax
172 216
170 099
119 368
119 368
Living cost
54 559
54 559
54 559
54 559
Free-cash
117 657
115 540
64 809
64 809

Estimated living cost  is ₽54559 per week

₽41508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121470
₽118123
₽133475
₽165945
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
243 000
health

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

-
-
-
5 838
income
-
-
-
36 449
total
-
-
-
42 287
Employee
43 937
-
238 594
-
social contributions
4 402
-
4 406
-
income
4 767
-
65 945
-
total
9 169
-
70 351
-
Employer
43 937
-
238 594
-
social contributions
4 402
-
4 406
-
total
4 402
-
4 406
-
Corporate
194 661
243 000
-
-
income
68 131
85 049
-
-
total
68 131
85 049
-
-
Dividends
126 529
157 951
-
-
social contributions
5 060
5 060
-
-
total
5 060
5 060
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 762
90 109
74 757
42 287
After tax
156 238
152 891
168 243
200 713
Living cost
34 768
34 768
34 768
34 768
Free-cash
121 470
118 123
133 475
165 945

Estimated living cost  is ₽34768 per week

₽22901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽121334
₽115751
₽98776
₽120343
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
77 622
pensions
-
-
-
10 020
total
-
-
-
87 642
Employee
48 063
-
211 562
-
health
627
-
2 768
-
pensions
3 668
-
11 761
-
income
8 753
-
63 243
-
total
13 048
-
77 772
-
Employer
48 063
-
211 562
-
pensions
4 856
-
27 418
-
health
913
-
4 019
-
total
5 769
-
31 437
-
Corporate
189 168
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.

35 943
46 169
-
-
total
35 943
46 169
-
-
Dividends
153 225
196 831
-
-
withholding
31 891
46 065
-
-
total
31 891
46 065
-
-
Income
243 000
243 000
243 000
243 000
Total tax
86 651
92 234
109 209
87 642
After tax
156 349
150 766
133 791
155 358
Living cost
35 015
35 015
35 015
35 015
Free-cash
121 334
115 751
98 776
120 343

Estimated living cost  is ₽35015 per week

₽24020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽16101
-₽3670
₽111111
₽142509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
363
income
-
-
-
70 310
pensions
-
-
-
4 079
accident
-
-
-
248
health
-
-
-
2 138
total
-
-
-
77 138
Employee
36 735
-
223 011
-
health
4 206
-
25 535
-
pensions
4 136
-
7 479
-
income
5 040
-
55 534
-
total
13 382
-
88 548
-
Employer
36 735
-
223 011
-
accident
613
-
3 724
-
pensions
5 973
-
10 800
-
unemployment
900
-
5 464
-
total
7 486
-
19 988
-
Corporate
198 779
243 000
-
-
income

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

178 901
218 700
-
-
total
178 901
218 700
-
-
Dividends
19 878
24 300
-
-
withholding
3 777
4 617
-
-
total
3 777
4 617
-
-
Income
243 000
243 000
243 000
243 000
Total tax
203 546
223 317
108 536
77 138
After tax
39 454
19 683
134 464
165 862
Living cost
23 353
23 353
23 353
23 353
Free-cash
16 101
-3 670
111 111
142 509

Estimated living cost  is ₽23353 per week

₽17138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1361
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4383
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽170065
₽172961
₽167821
₽146765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
243 000
unemployment
-
-
-
1 838
income
-
-
-
41 189
pensions
-
-
-
28 176
health insurance
-
-
-
11 332
work injury
-
-
-
766
total
-
-
-
83 301
Employee

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

20 694
-
243 000
-
health insurance
1 531
-
5 666
-
unemployment
248
-
919
-
work injury
103
-
383
-
pensions
3 808
-
14 088
-
income
2 069
-
41 189
-
total
7 759
-
62 245
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
222 306
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%.

22 231
24 300
-
-
total
22 231
24 300
-
-
Dividends
200 075
218 700
-
-
withholding
30 011
32 805
-
-
total
30 011
32 805
-
-
Income
243 000
243 000
243 000
243 000
Total tax
60 001
57 105
62 245
83 301
After tax
182 999
185 895
180 755
159 699
Living cost
12 934
12 934
12 934
12 934
Free-cash
170 065
172 961
167 821
146 765

Estimated living cost  is ₽12934 per week

₽8013
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.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85483
₽89840
₽69645
₽77514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
6 175
social contributions
-
-
-
47 936
municipal
-
-
-
1 756
national
-
-
-
71 463
total
-
-
-
127 330
Employee
80 708
-
243 000
-
national
13 639
-
65 053
-
regional
1 218
-
5 679
-
municipal
482
-
1 621
-
social contributions
27 214
-
62 846
-
total
42 553
-
135 199
-
Employer
80 708
-
243 000
-
total
-
-
-
-
Corporate
162 292
243 000
-
-
nationa
38 950
58 320
-
-
municipal
7 823
11 712
-
-
total
46 773
70 032
-
-
Dividends
115 518
172 967
-
-
withholding
30 035
44 972
-
-
total
30 035
44 972
-
-
Income
243 000
243 000
243 000
243 000
Total tax
119 361
115 004
135 199
127 330
After tax
123 639
127 996
107 801
115 670
Living cost
38 156
38 156
38 156
38 156
Free-cash
85 483
89 840
69 645
77 514

Estimated living cost  is ₽38156 per week

₽26802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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